This is one of the major parts of my short thesis. We're seeing it play out in real time now. I expect treasury yields to continue to spike due to persistent inflation and the fed's current target rate. We're also seeing a lot of strength in DXY. If TNX continues higher, BOJ will have to sell more treasuries to support the Yen, which will cause yields to spike and tech stocks to dump.
Chart PatternsTrend Analysis

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Short Thesis:
advancedplays.com/short-thesis.pdf

Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
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