The price action suggests that people knew this was coming for the last few weeks and have been buying, pushing up the price.
The news itself brings liquidity, which they sell into, locking away gains from the last few weeks of accumulation.
FFX has almost always behaved in this manner from an SP perspective. It’s annoying but as the last 18 months have shown, the long term direction has to date been simply up!
The price action suggests that people knew this was coming for...
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