Its abundantly clear that the PBOC and Mtgox before them coordinate news with impactful moments - anyone with an ounce of TA knowledge can see this.
On another interesting note, this is the final nail in the coffin to the EMH (Efficient Market Hypothesis), as markets are made up of irrational people and rational people manipulating the irrational. This has been a grand experiment of the Pavlovian effects of events on the market-mind. Markets are both prone to patterns and averse to patterns - To the degree the market knows this is manipulation, does that make the manipulation stronger or weaker?
For someone who is good at TA, selling when the tides turn and China confirming the turning is always fun to watch. TA truly leads FA.