Daily Wrap – Déjà Vu All Over Again: Yields Reprise the October Sell-Off Script

Equities ended modestly lower, with only the Tech sector (+0.7%) in the green—nowhere near enough to offset broad-based selling elsewhere. The modest downside is actually perfect for this stage of the pattern: it keeps carving out the pivot highs on the right shoulder, reinforcing the “right-hand turn” into a flat, sideways drift called early last…