Treasury Yields- Breakout? Or Fakeout?

The failure of $SPX to turn up immediately is a bit disconcerting given my short-term Cycle projection into mid-September, and it’s looking increasingly likely that this cycle will now invert and produce a low in stocks into 9/14, not a high.  My 3920-5 area of importance was breached on a close Tuesday, yet still no major weakness thus far, despite the downtrend being stubbornly persistent.  Sentiment, breadth gauges and Elliott wave structure ...

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