Hi Albright , I get confused especially when a weekly gap exists 1 point above fridays high [gap to low of the week but close much higher ] and the fact spi has had quite a few goes to try and close it but then it got wacked like crazy in 2 mins .
I often find the logic hard to understand pre and post market . Obviously if they want to hedge without driving down cash they do it pre hrs or after so it doesn't impact their ability to tip out stocks but what often happens is they will intentionally drive it the wrong way to then flip or should I say they will allow it to go the wrong way so as to flip .
I just ran through the volume on the first 10 min bars and there are a few similar hits since Feb.
Quarter finishes on Thursday so lots of big vol which distorts the picture a bit as well .
March is a bugger of a month as mentioned a few times .
cheers g
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