Everybody views things differently, last time i saw trading like this it was on SIR.
Pros can sell to themselves through different accounts to create an illusion that there is selling around.
Sellers have had ample time and volume to sell into at much higher prices than here over the last couple of weeks. Then we get low volume days consecutively where MNQ cannot do more than 1 million volume.
A lot of stops were probably filled yesterday and i hardly call 1 volume day of 12 million on a low aggressive selling.
My view only.
MNQ Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held