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10Y YIELD TECHS: Finding Some Support.......>

US TSYS
US TSYS: 10Y YIELD TECHS: Finding Some Support
*RES 4: 3.6132 High April 2011
*RES 3: 3.3956 Apr 5 2011 low, now resistance
*RES 2: 3.3000 Channel top
*RES 1: 3.2594 High Oct 9
*PRICE: 3.1632 @ 10:26 GMT, Oct 12
*SUP 1: 3.1261 May 18 high, now support
*SUP 2: 3.0844 21-dma
*SUP 3: 3.0139 Aug 1 high, now support
*SUP 4: 2.9683 61.8% 2.8063-3.2305
US 10-year yields pulled back further Thursday, but found some modest support
yesterday at their May 18 highs, which keeps the broader bullish trend intact
and returns the focus to the Oct 9 high at 3.2598. Above here would extend the
uptrend towards the channel top at 3.30. Bears need to take out the May 18 high
at 3.1261 to open the Aug 1 high at 3.0139.

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