Volume-wise, rollover has to considered to help answer the question. ESM volume is already near 30% of H YMM and NQM are only near 10%. RTYM is near 20% Dow was the leader on the way down... Now ES and Naz are playing catchup. There is a more downside to come. The roll is into M long, imo
Yes Naz especially. Lots of hiding out in the bigger names which are still miles away from panic lows.