RTY (Russell 2000) is really weak today in light of the rest of the markets.
I think the Russell 2000 will become the Russell 200 as these small caps just die in bankruptcy unable to get loan covenants changed or new loans or new funding.
What happened at 2:15 ? There was a super fast move down followed immediately by a retracement.
It bounced off 3429 which appears to be decent support.
Order imbalance ? Bots ?
Guys - one thing really interesting about all of this is : analyzing the DOM.
I knew the amount of data was going to be huge, but how huge ?
So I computed it based on the following:
10 data samples per second
20 levels (10 above, 10 below)
Full session for ES or NQ
And the result was ...
https://www.cnn.com/2020/08/23/health/covid-19-convalescent-plasma-eua-white-house/index.html
This EUA is hyped beyond belief. The plasma treatment is not that effective...it only works in early cases. In late cases it's worthless.