A while back I posted about the way things turn when the bot trades are 1 to 0, now we are at 1 and at the following:
(a) Different time-scale as to agreement(s)
(b) Different time-scale as to insto positioning
(c) Different time-scale as to short execution
(d) Update(s) on positioning from holders/shorters
My bet is it was JP playing both sides all along; as I once upon a time believe stated!
Follow the money and not the crowd.
Also note the 20 seller buy depth left, what's different?
In my opinion today was a technical capitulation across all fronts BUT Australian miners will still be impacted slightly over the next 3 month period - dually due to the AUD and China data.
Of course the Chinese are tricky customers, when you think they are selling they are normally buying (vice-versa). Might even be buying Unilife through subs (lol).
Interesting night in my opinion, will likely see some covering action.
NL
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