Looking at the three day chart I am seeing (on ALL exchanges) a raging bull market with almost no volume at all.
I think this is EXTREMELY significant. Because it means one of two things (or maybe both):
1. The markets are being manipulated in concert at multiple exchanges worldwide.
2. Something is taking the sell walls down at the exchanges but it is not buying at those exchanges. Then the little bit of buying happening at the exchanges is cruising up to the higher sell walls, which are also likely to be pulled sooner than later.
As much as I have come to believe #1 is an actual possibility (I used to be VERY dubious about various paranoid market manipulation theories) I just do not see it being done this way at this time.
I know I keep saying the same thing over and over about dark pools etc. But I cannot find any other explanation.
What this is doing, in my opinion is significantly muting the price action that would otherwise be evident along with the volume on the exchanges.
You were kindly asked to stop, but you didn't listen.
At any moment I expect the Mayor to come back in here asking for more of our pants. (newer WOs won't get that one)
I really hope to hear from the Mayor again.
He won't have my pants this time, though.
Fool me once...