Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=Ex5A2FsO82Y Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Warning: USD & TNX Breakouts Could Signal Trouble for EEM, EWY, SOXX & QQQ!!! Can IGV rebound? [J6utE2vCXrJ] Health Updated on August 06, 2026 EDT — Published on August 06, 2026 EDT After newly appointed FOMC Chair Kevin Warsh's first press conference 2-year Treasury yield #UST2Y spiked higher and U.S. Dollar #USD broke from a multi-month base above 100.7 and could climb to 105 and could be correlated with 10-year Treasury yield #TNX climb to 5.4% from a cup and handle pattern on its weekly chart Rising yields and strong U.S. Dollar could have negative effect on Emerging Markets ETF #EEM and in particular the hot Memory based parabolic rally in South Korea ETF #EWY #SOXX and #QQQ could break down from their steep rising channels Software sector ETF #IGV could buck the trend and have a conter-trend bounce in the weeks ahead with euphoria from AI software stocks to IPO, such as #OpenAI and #Anthropic! Chapters: 00:00 #1 Today's agenda and Chartsarefun Blog site and YouTube channel 00:50 #2 Chair Kevin Warsh first FOMC presser leading to #UST2Y climb 03:11 #3 10-year Treasury yield #TNX could break higher to 5.4% 05:38 #4 U.S. Dollar #USD breaking out from a multi-month base 07:43 #5 Bearish rising wedge pattern in #EEM 08:22 #6 Bearish rising wedge pattern in #EWY 09:36 #7 #SOXX could top out with negative divergence 10:29 #8 #QQQ could pull back to $624 11:30 #9 iShares Software ETF #IGV could see a countertrend bounce 👓 Checkout our previous episodes to learn more! 👾 Youtube - /@chartsarefun 📝 Blog - #UST2Y, #TNX, #USD, #EEM, #EWY, #SOXX, #QQQ, #IGV, #OpenAI, #Anthropic #ChartsAreFun, #StockMarket, #TechnicalAnalysis, #stockeducation, #financialmarket, #investing, #cnbc, #barrons Legal Disclaimer: We are not Registered Investment Advisors and encourage our viewers to consult with their financial advisors before making investment and trading decisions. Nothing contained on our Site constitutes a solicitation, recommendation, endorsement, or offer by us at Chartsarefun or any third party service provider to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. sxOVLmfsTE0 PN8AiYGtFKm z4jY6aSX5rk 9IXoCD3qds1 2WWDaFSS7ky
After newly appointed FOMC Chair Kevin Warsh's first press conference 2-year Treasury yield #UST2Y spiked higher and U.S. Dollar #USD broke from a multi-month base above 100.7 and could climb to 105 and could be correlated with 10-year Treasury yield #TNX climb to 5.4% from a cup and handle pattern on its weekly chart Rising yields and strong U.S. Dollar could have negative effect on Emerging Markets ETF #EEM and in particular the hot Memory based parabolic rally in South Korea ETF #EWY #SOXX and #QQQ could break down from their steep rising channels Software sector ETF #IGV could buck the trend and have a conter-trend bounce in the weeks ahead with euphoria from AI software stocks to IPO, such as #OpenAI and #Anthropic! Chapters: 00:00 #1 Today's agenda and Chartsarefun Blog site and YouTube channel 00:50 #2 Chair Kevin Warsh first FOMC presser leading to #UST2Y climb 03:11 #3 10-year Treasury yield #TNX could break higher to 5.4% 05:38 #4 U.S. Dollar #USD breaking out from a multi-month base 07:43 #5 Bearish rising wedge pattern in #EEM 08:22 #6 Bearish rising wedge pattern in #EWY 09:36 #7 #SOXX could top out with negative divergence 10:29 #8 #QQQ could pull back to $624 11:30 #9 iShares Software ETF #IGV could see a countertrend bounce 👓 Checkout our previous episodes to learn more! 👾 Youtube - /@chartsarefun 📝 Blog - #UST2Y, #TNX, #USD, #EEM, #EWY, #SOXX, #QQQ, #IGV, #OpenAI, #Anthropic #ChartsAreFun, #StockMarket, #TechnicalAnalysis, #stockeducation, #financialmarket, #investing, #cnbc, #barrons Legal Disclaimer: We are not Registered Investment Advisors and encourage our viewers to consult with their financial advisors before making investment and trading decisions. Nothing contained on our Site constitutes a solicitation, recommendation, endorsement, or offer by us at Chartsarefun or any third party service provider to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. sxOVLmfsTE0 PN8AiYGtFKm z4jY6aSX5rk 9IXoCD3qds1 2WWDaFSS7ky