
STOCK BUYING ON BAD NEWS FROM CHINA, MARKET MAKERS HEDGED FOR THE FIRST TIME IN 2023
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Market Makers Hedged Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows that QQQ touched the low band of the resistance zone and backed off. The chart shows that the trendline supporting the recent rise is now broken. RSI on the chart shows that in the very short term the stock market has become oversold. Early this morning, the momo crowd aggressively bought stock futures on bad news from China. The latest news is that Zhongzhi Enterprise, a top