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TFC Commodity Trading Forum

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today,the bots were turned on full force as sellers to stop the rally. They used to be solely buyers. today, sellers.

Probably, the entity who runs the bots wanted a huge down day today and Monday to cover the huge shorts they must have put on in '15. Trouble is, everybody (JPM, BAC, Faber, Gartman, Armstrong, etc., etc.) is short.

There is a turn Monday (possibly today, if you squint real hard, lol) which should rally these markets then seeing what the real story is.

Seeing the bots on full force is what was interesting today. There is anger over their use and only in an "emergency" are they now used that way. Mostly they are on low speed all day these days trying to look like human traders.

icd