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US 10-YEAR YIELD TECHS: Focus Remains...>

US TSYS/10Y
US TSYS/10Y: US 10-YEAR YIELD TECHS: Focus Remains To The Downside
*RES 4: 3.0540 18-Year Monthly chart Trendline 
*RES 3: 2.9886 2.5 month trendline resistance, top of triangle 
*RES 2: 2.9237 Aug 6 Low, Support-Turned-Resistance 
*RES 1: 2.8987 Beginning of 2.90 resistance area 
*PRICE: 2.8135 @ 0646 GMT 
*SUP 1: 2.8053 Jul 6 Low 
*SUP 2: 2.7655 200-DMA 
*SUP 3: 2.7576/94 May29/30 Low 
*SUP 4: 2.7014 38.2% 2.0144-3.1261 
Yields continue to edge lower, toughing six-week lows Wednesday with the 2.8053
level now key support. Below there, little resistance is seen until the 200-DMA
at 2.7655. Momentum indicators remain bearish with the 10-year yield continuing
to look heavy on weekly charts. Bulls need to rally above 2.8500 to gain some
breathing room and 2.90 if they are to attempt a bullish reversal. 

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