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10Y YIELD TECHS: Inside........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: 10Y YIELD TECHS: Inside Session
*RES 3: 3.3956 Apr 5 2011 low, now resistance
*RES 2: 3.3000 Channel top
*RES 1: 3.2594 High Oct 9
*PRICE: 3.1556 @ 15:18 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
US 10-year yields pulled back further Thursday, but Friday price action never
saw the Thursday low (or high) challenged. This keeps the short-term balance
tilted in favour of the bears for now. Thursday trade found some modest support
at the 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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