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YIELD TECHS: Downtrend Forming *RES.....>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: Downtrend Forming
*RES 4: 3.3956 Apr 5 2011 low, now resistance 
*RES 3: 3.3000 Channel top from Dec 2016 high 
*RES 2: 3.2594 High Oct 9 
*RES 1: 3.2000 Resistance 
*PRICE: 3.0680 @ 06:48 GMT, Oct 29 
*SUP 1: 3.0482 Low Oct 3 
*SUP 2: 3.0139 Aug 1 high, now support 
*SUP 3: 2.9114 200-dma 
*SUP 4: 2.8098 Low Aug 24 
US 10-year yields continue to edge lower following last week's shift in
momentum, and a downtrend appears to be forming. The next downside target is the
Oct 3 low at 3.0482 just below current levels, below which opens the Aug 1 high,
now acting as support. Bulls need to overcome the 21-dma to shift the focus back
to the 3.20 level, above which opens the Oct 9 high at 3.2594.

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