We have a lot of passionate argument on both sides here.In...

We have a lot of passionate argument on both sides here.

In relation to the SP it is very clear to me that the SP is being massaged downwards (since the equity raising) by bots.

I have said before that there is a very good discussion about how this works on the ESG thread.

The charts and trade volumes all lead me to conclude that it is being massaged downward either being shorted or accumulated.

The SP spikes on good news announcements are clear on the charts followed by the slow grind down.

If you believe in the TFC model then use this as your friend. Let the bots move the SP lower before jumping in.

Don't show your hand however in the buy que - the sell depth reacts very quickly to large buyer interest and moves upward out of danger very quickly.

cheers
John