2. "burr" is also called "noise" in futures. It is a small callback trend that appears on the futures market chart in the opposite direction to the original big trend, and it is often difficult to judge whether it is turning (often cheating).
3. Futures and spot are completely different. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts with some bulk products such as cotton, soybeans and oil and financial assets such as stocks and bonds as the targets. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.