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YIELD TECHS: Bears Need To Close Below......>

US TSYS: YIELD TECHS: Bears Need To Close Below 3.2%
*RES 4: 3.6132 High April 2011
*RES 3: 3.3956 Apr 5 2011 low, now resistance
*RES 2: 3.3000 Channel top
*RES 1: 3.2594 High Oct 9
*PRICE: 3.2102 @ 15:21 GMT, Oct 10
*SUP 1: 3.2000 High Oct 9
*SUP 2: 3.1261 May 18 high, now support
*SUP 3: 3.0139 Aug 1 high, now support
*SUP 4: 2.9683 61.8% 2.8063-3.2305
The minor rally in yields Tuesday faded throughout the US session, but the price
traded well within the Tuesday range, keeping the broader technical picture
unchanged. Support is expected to kick in well ahead of 3.20, which becomes the
initial target for yield bears. Bears need to push below here to open the May 18
high and regain downside momentum. A close above 3.2594 would reignite the
broader bullish trend, bringing the channel top at 3.30 into play.

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