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YIELD TECHS: Downtrend Fails to.........>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: Downtrend Fails to Extend
*RES 4: 2.6717 High Mar 12 
*RES 3: 2.6410 50% 2.7968-2.4852 
*RES 2: 2.6121 High Apr 17 
*RES 1: 2.5739/5610 High May 3/55-dma
*PRICE: 2.47822 @ Close May 6 
*SUP 1: 2.4533 Low May 1 
*SUP 2: 2.3891 Low March 29 
*SUP 3: 2.3384 Low March 28 
*SUP 4: 2.3000 Support 
Despite the bearish news in the form of renewed US-China trade frictions US
yields failed to extend their downtrend. Bears need to take out the May 1 low at
2.4533 to open the March 29 low at 2.3891. Failure to take out the May 1 lows
would give bulls the opportunity to target the 55-dma/May 3 high at
2.5610/2.5739. Above here would open the April 17 high at 2.6121.

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