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

US TSYS/10Y
US TSYS/10Y: US 10-YEAR YIELD TECHS: Consolidation Ahead Of Further Gains
*RES 4: 3.2400 Channel top 
*RES 3: 3.2206 July 2011 
*RES 2: 3.1261 May 18 high 
*RES 1: 3.1113 Sep 25 high 
*PRICE: 3.0744 @06:50 GMT, Oct 2 
*SUP 1: 3.0139 Aug 1 high, now support 
*SUP 2: 2.9588 50% 2.8063-3.1113 
*SUP 3: 2.9465 Triangle top from May high 
*SUP 4: 2.9331 100-DMA 
The bullish trend in US 10-year yields remains intact with recent consolidation
above the Aug 1 high pointing to a continuation of the rally. A break above the
Se 25 high at 3.1113 would target the May 18 high at 3.1261 to accelerate the
move, above here opens the multi-year highs at 3.2206. Bears need a break of
3.0139 to shift focus to the downside, below here opens the 50% retracement &
triangle top off May highs at 2.9588/2.9465.

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