
MINDLESS DIP BUYERS SAVE THE STOCK MARKET – HINDENBURG OMEN APPEARS
By Nigam Arora

To gain an edge, this is what you need to know today.
Dip Buyers Save The Market
Please click here for a chart of Nasdaq 100 ETF (QQQ).
Note the following:
- The chart shows QQQ was weakening going into Friday morning.
- The chart shows mindless dip buying saved the stock market.
- The chart shows that the morning today started with buying in QQQ, but as the morning has progressed, sellers have become dominant.
- The VUD indicator is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand.