TLT -Safe Haven Treasuries

When the market is in risk off cycles, investors put money in treasuries as a flight to safety, when they perceive equities will give them a higher rate of return, they sell Treasuries in the risk on trade.

It looks like TLT is being sold.

 Here's the inverse correlation between Treasuries and the S&P-500, T's in green, the S&P in red.

 Here's the 1 min TLT chart

 The 2 min

 The very important 15 min which is leading negative

And a long trend 60 min chart.