Software pullback should prove short-lived within Technology

US Equity indices and Treasury yields remain quite choppy, but the path of least resistance remains lower over the final couple weeks of September.  Treasury yields look likely to break out to new 2023 highs, and I suspect this will be short-term negative for Equities.  Only on a $TNX break under 4.05% would it be right to trust an Equity bounce in Sept.

S&P’s range-bound pattern remains intact, and it’s difficult t...

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