TLT breaks support

I've been watching this zone for a while as very significant support. Could see an outsized move down. I'm unsure about the impact on stocks at this point. Many would say it is great news as it confirms money moving into stocks. I personally feel its a good sign as long as the move down is slow and controlled as we do not want to see a rapid rise in bond yields. See previous post.

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TLT is continuing to sell off.