Hi andres, nice post . Great insight into price action , as things are not always as they appear . The SP has bounced strongly off the 25.5 and that I agree is bullish .
Always difficult to know the reasoning for sellers hitting the lines at the close - as you say who knows .I don’t know why they wouldn’t sell during the day rather than hit it late and close the SP lower . It is interesting and one can draw ones own conclusion as to the motive for it .
From my perspective I will ignore the noise and SP fluctuations and stay the course here .
IHL Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held