nah, its completely legitimate.. markets aren't democracies.. money carries the day.. on balanced days like now its easier cos they can tip balances either way more easily.. fade rallies and declines, fade breakouts etc until a range is fully mined for transactions - ie they have burned the most people and traders start to wise up - its all transaction fees for them.. the exchanges themselves need the fees too so they aren't going to complain.. the one minute chart gives the best insight into mm stuff i reckon.. each time frame reveals different things..
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