XPE Charts, page-1213

That's why course of sales: volume @ price, frequency etc. all paint a complete picture that actual buy/sell depth can't.
Looking at the churn today it was alot higher , and never churned at 7/7.1 which was telling. Compare that to yesterdays that i was keeping tabs on and the churn was alot more varied and lower down the 7's. It was also alot easier to see as it was 1-2 hours later in the trading day than today, so the frequency of bids (buys) tood out as being weaker than normal. At the same time depth was pretty empty down to the 7c, as you said anyone can stack anything in a split second, but the real life course of sales was going through in alot less spectacular fashion than a few days before (the big jump).

Anyhow give it another 2-3 hours and we'll see where the churn and price ends up and who ends up winning today's price war.

The volume and action is alot more than prior days so plenty of time to see where this goes.