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###POV US 10-YR YIELD TECHS: LT Bear Channel.....>

US
US: ###POV US 10-YR YIELD TECHS: LT Bear Channel Top In Focus
- US 10yr yields traded a 2.016-2.629 range in 2017 with the recovery from 2017
lows (Sept 8) seeing pressure back on the 2.504-2.529 region where the LT bear
channel top (2.529) off 2014 highs is noted to start the new year. It is worth
noting weekly studies have room to move before O/B is an issue.
- Bulls continue to look for a close above the weekly bear channel top (2.529)
to open up for a move potentially targeting 3.041 2014 highs. A close above the
bear channel top shifts immediate focus to 2.629-692 where yearly and monthly
highs are situated. Overall a close above 2.821 is needed to confirm focus on
3.041 2014 highs.
- The 55-WMA comes in around 2.334 today with bears needing a close below the
55-WMA to ease pressure on the LT weekly bear channel top and below the 200-WMA
(2.178) to confirm a return in focus to 2017 lows. Overall bears need a close
below 1.879 to shift focus to 2016 lows (1.321).
- Click for chart https://tinyurl.com/yb2wtodo

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