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YIELD TECHS: Recovery Efforts Capped....>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: Recovery Efforts Capped By 21-DMA 
*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: 3.1018 @ 06:26 GMT, Oct 26 
*SUP 1: 3.0864 38.2% retracement from Aug lows to Oct highs 
*SUP 2: 3.0482 Low Oct 3 
*SUP 3: 3.0139 Aug 1 high, now support 
*SUP 4: 2.9061 200-dma 
US 10-year yields were unable to break back above their 21-dma yesterday at
3.1487 which keeps the short-term focus lower. The next downside target comes in
at 3.0864, marking the 38.2% retracement from Aug lows to Oct highs, below which
opens the key 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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