Hi Alton, I don't think we are near a short term bottom yet. 1288 of the ETF/ETNs were down today and another 165 did not change. That is about 87% of them, but then Mondays can be bad after a down Friday. Also 246 fell through their 52 week low.
I'm going to use Netstock to divide the world of ETF/ETNs into the 10 sectors so I can better see what is happening.
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