Banter and General Comments, page-6338

Yes. I have been trying to work out what is happening all day. Really difficult to trade this - although it is easy in retrospect - lol. I've been in and out all day at pretty much no margin. All the little signals I usually watch have been contradictory, and now it is dawning on me that this might have been some sort of accumulation strategy. Mainly bots and a couple of traders by the looks but steady retreat with almost no defense, except it look like there was a big defense in motion all day - just no actual defense - just the buy side waiting for sellers to sell into it most of the time, with big counter weight supporting purchases usually associated with a push up, then a significant defense at 160, but with less counter weight purchasing lines near it and lots of upwards bot activity, then a hold back at 162. Very tricky when you are watching it trade by trade. Easy to see now I look at the daily chart. I should have had more confidence that my plan this morning was right - as it has pretty much followed the plan I worked out for it today, but it sure didn't look like it most of the day, and I sure as heck didn't follow my plan. Next time I will just close my eyes and trade, I think. Darn waste of a day. I have no idea what will happen in the closing auction. Should be a push down, but who knows?