Yep could see the set up coming well before close.
Pure manipulation.Same as last month.Probably same culprits,but why or is it just the spec factor coming to the four during bear markets?
Could see it coming well before close,firstly with buying depths removed over last day or two,then someone with big holdings putting almost a mill up for grabs at 4c and at the same time selling slowly down to 3.8c,lastly with an order big enough to take out 3.8c and leave it touching 3.7c right at close.
Is the majority of vols for sale at 4c also lined up to retrieve em back at 3.7c and lower,as if we do see more falls they could be used as a prop and is it a big boy betting on a falling gold/nickel/dow or someone betting that something may fundamentally wrong,because atm there is nothing negative that we are reading besides the s.p., but it is looking like it's a couple of terror days from 2.5c-3c.
Hoping its just a case of someone manipulating it down to get their bags full low on Wed/Thurs to sell into ann Fri/Mon.
We will see.
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Yep could see the set up coming well before close.Pure...
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