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YIELD TECHS: Bears In Charge *RES 4:....>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: Bears In Charge
*RES 4: 2.6717 High Mar 12 
*RES 3: 2.6410 50% retracement of 2.7968-2.4852 
*RES 2: 2.6121 High Apr 17 
*RES 1: 2.5739/5574 High May 3/55-dma 
*PRICE: 2.4548 @ 06:26 GMT May 8
*SUP 1: 2.4423 Low May 7 
*SUP 2: 2.3891 Low March 29 
*SUP 3: 2.3384 Low March 28 
*SUP 4: 2.3000 Support 
US yields extended their drop below the May 1 lows yesterday as bears now look
to target yesterday's low ahead of the May 29 low at 2.3891. The March 28 ytd
low sits below at 2.3384 ahead of the 2.30 level. To regain the upper hand bulls
need to recover the 55-dma/May 3 high at 2.5574/5739. Above here would open the
April 17 high at 2.6121.

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