The buying the dip in the index futures seems to still on.
as for commodities, it's sector sell off in commodities. mostly from China demand China is buying less commodities or something or too much supply.
Buyers are still putting in bids at the top in the bucket shop stock market futures ES and NQ
RSI is 80 right now. lots of buying and bidding.
is it market makers or funds buying the dip or short covering that is what I want to know..
for stocks if smart money is buying it's bullish. if dumb money which is short covering or momentum daytraders buying it's dumb money and weak hands
as for commodities, it's sector sell off in commodities. mostly from China demand China is buying less commodities or something or too much supply.
Buyers are still putting in bids at the top in the bucket shop stock market futures ES and NQ
RSI is 80 right now. lots of buying and bidding.
is it market makers or funds buying the dip or short covering that is what I want to know..
for stocks if smart money is buying it's bullish. if dumb money which is short covering or momentum daytraders buying it's dumb money and weak hands