Market manipulation at its finest this arvo in the SPI
Bit of a dump, and pump and dump to finish it off
Though the initial selloff has some credit to it from 14:10 to 15:00 as Hongkers and Japs having waterfalls, but the recovery from 15:00 till 16:00 was silly IMO, as Nikkei and HS keeping going south, well we knew someone was behind this buying as XJO closed at 5187.8 at 16:00, but when closing match went off ,final print came in 5206.9, nearly 20 pts diff, then they sold it off all the way down to the lows at 16:30
I am sure that when the SFE floor was around, no such action would be tolerated with big price diff from 16:00 to 16:00, back then closing match is 16:05 comapre to todays 16:10 and SPI day session closes at 16:15, again only 10 min after cash, so action like todays would never being seen
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