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US 10-YEAR YIELD TECHS: Bulls...........>

US TSYS/10Y
US TSYS/10Y: US 10-YEAR YIELD TECHS: Bulls Recharged
*RES 4: 3.7660 High Feb 2011 
*RES 3: 3.6132 High April 2011
*RES 2: 3.2400 Channel top 
*RES 1: 3.2206 July 2011 
*PRICE: 3.2129 @06:38 GMT, Oct 4 
*SUP 1: 1.1261 High May 18 
*SUP 2: 2.0139 Aug 1 high, now support 
*SUP 3: 3.9588 50% 2.8063-3.1113 
*SUP 4: 3.9465 Triangle top from May high 
Positive Us data and hawkish comments by Fed Chair Powell saw US 10-year yields
smash through resistance at the May 18 high and the rally has continue above
3.2000. The next upside target is the channel top at 3.2400 and a break above
here opens the early 2011 highs. Bears need a break back below the May 18 high
to gain some breathing room and open up the Aug 1 high at $2.0139, now acting as
support.  

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