It sat at 2.6 all day while 1.74m sat on the buy side at 2.5 all day. Nobody sold into the 2.5 but there were 3.5m bites taken out of the 2.6.
Surely if the aim was to bring the sp down and spook others into doing the same, this was the perfect scenario for that.
IMO, it feels like a holding pattern waiting for some other event to transpire...
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Flatlined, page-4
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