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YIELD TECHS: False Break Below 3.0% *RES...>

US TSYS
US TSYS: YIELD TECHS: False Break Below 3.0% 
*RES 4: 3.3956 Apr 5 2011 low, now resistance 
*RES 3: 3.3010 Channel top from Dec 2016 high 
*RES 2: 3.2594 Oct 9 High 
*RES 1: 3.1226 50-dma 
*PRICE: 3.0443 @ 06:32 GMT, Dec 3 
*SUP 1: 2.9879 Low Nov 30, up trendline support from Sep 2017 lows 
*SUP 2: 2.9569 200-dma 
*SUP 3: 2.8660 Up trendline support from April lows 
*SUP 4: 2.8063 Low Aug 22 
The 3.0% level briefly gave way on Friday but improved global risk appetite has
seen a strong recovery in yields suggesting a false bearish break. The 50-dma at
3.1226 now comes into focus, above which would re-establish the uptrend. Bears
need to close back below 2.9879 to resume the downtrend and opn the 200-dma at
2.9569.

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