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YIELD TECHS: July Lows Still Under......>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: July Lows Still Under Pressure
*RES 4: 3.0540 18-Year Monthly chart Trendline 
*RES 3: 2.9886 2.5 month trendline resistance, top of triangle 
*RES 2: 2.9237 Aug 6 Low, Support-Turned-Resistance 
*RES 1: 2.8987 Beginning of 2.90 resistance area 
*PRICE: 2.8152 @ 0522 GMT 
*SUP 1: 2.8053 Jul 6 Low 
*SUP 2: 2.7705 200-DMA 
*SUP 3: 2.7576/94 May29/30 Low 
*SUP 4: 2.7014 38.2% 2.0144-3.1261 
The July 6 low at 2.8053 remains in focus and is a major line in the sand for
bears to overcome to cement the topping pattern seen over recent months. Below
here targets the 200-dma at 2.7705. Bulls need to reclaim the 2.9237 level to
shift the short-term focus. 

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