Korelin Economics Report

An Important TLT Chart and Comments On The Broad Based Selling

Doc is still recovering from the flu bug but he took time today to join me and discuss a couple key markets. We first look at the TLT chart (below) and the significance of the 50 month MA and EMA. We also relate the broad based selling in the markets to the overall health of the US equity markets. GDX breaking below 21 is a key to watch to the close today as this support has held for over a year.

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