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US 10-YEAR YIELD TECHS: Targeting May...>

US TSYS/10Y
US TSYS/10Y: US 10-YEAR YIELD TECHS: Targeting May 18 Peak
*RES 4: 3.2400 Channel top 
*RES 3: 3.2206 July 2011 
*RES 2: 3.1261 May 18 high 
*RES 1: 3.0831 Intraday high 
*PRICE: 3.0626 @ 05:40 GMT, 20 Sep 
*SUP 1: 2.9465 Triangle top from May high 
*SUP 2: 2.9373 50% 2.8063-3.0682 
*SUP 3: 2.9225 100-DMA 
*SUP 4: 2.8694 Sep 7 low 
The bullish trend remains intact and a close above yesterday's intraday high of
3.0831% would bring the May 18 high of 3.1261% firmly in sight. A break above
here would send yields into multi-year high territory, suggesting further gains.
Bears need to break back below the triangle top from the May high at 2.9465% &
100-dma in order to shift the outlook back to neutral.

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