Nasdaq correlations to the movement in the 10YR yield are tight.
Scenario 1: 10 yr is looking to break out of a triangle to 1.35%, Nas should dip as a result Aug 2-4 ish if 10yr prediction materializes.
After, 2 possible scenarios: 1.) Monster bounce to double top short term 2.) Continuation to new ATH's for wave 5 completion at the top of the channel.
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