extremously oversold, not a time to buy, but if u see consolidation, indicators divergence, breakouts, should trigger a nice opportunity for a deadcat bounce too... again beware, commodities equal very wild cats.. start with options if you are not convinced of directions.... but good profit potential
US-China kids play can be very painful, beware!
p.s.: SPX not reflecting what we see in basic commodities, this one is also brewing a very painful surprise to the downside very soon, traders and investors are in deep denial of what is really going on..
NOT ME!!