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YIELD TECHS: Down But Not Out *RES 4:.......>

US TSYS
US TSYS: YIELD TECHS: Down But Not Out
*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: 3.1592 @ 15:30 GMT, Oct 11
*SUP 1: 3.1261 May 18 high, now support
*SUP 2: 3.0844 21-dma
*SUP 3: 3.0139 Aug 1 high, now support
*SUP 4: 2.9683 61.8% 2.8063-3.2305
US 10-year yields pushed back below 3.2% Wednesday as bears took control and
Thursday trade was unable to recover that mark. This shifts focus to the May 18
high, now acting as support at 3.1261. Below here sits the 21-dma at 3.0844, a
break of which targets the Aug 1 high at 3.0139. Bulls need to recover 3.2% to
shift the focus back to the upside and target Wednesday's high at 3.2594.

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