The usual crap. The manipulation on this today was text book. Shorts dropped a wapping 5 million on 23rd to 25 million. I believe that the short covering is continuing and that they are using sentiment on the XMJ to push it down.
Of course, if you want to cover shorts you need to create fear. What better than the old "undisclosed order" just above market.... that'll get the selling going. And so it did. Then, step your UO down..... repeat....
I guess the short stats will show us the way.
ARI Price at posting:
74.5¢ Sentiment: Buy Disclosure: Held