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YIELD TECHS: Downtrend Picks Up Pace....>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: Downtrend Picks Up Pace
*RES 4: 2.4887/4812 High May 8/55-dma 
*RES 3: 2.4160/4388 21-dma/High May 21 
*RES 2: 2.3838 High May 23 
*RES 1: 2.3326 High May 24 
*PRICE: 2.2483 @ 02:40 GMT, May 29 
*SUP 1: 2.2000 Support
*SUP 2: 2.1870 Channel bottom 
*SUP 3: 2.0596 61.8% retracement 
*SUP 4: 2.0144 Low Sep 8, 2017 
The downtrend in US yields is picking up pace as bears now look to take out the
2.2000 level to bring the channel bottom down at 2.1870 into play. Below here
opens the 61.8% retracement at 2.0596. Bulls need to recover Friday's high at
2.3326 to stabilise the outlook while a break above Thursday's high at 2.3838
would put the focus back on the 21-dma/May 21 high at 2.4160/4388.

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