It appears to me, MM's trying to hold price back. Will work for awhile, but if volume continues, I think we could get a much bigger move before the end of the day.
What is causing the new buying interest? Actually, maybe not so new, as I have been posting lately.
Buying requires a purpose, there are always reasons for selling. Smart money expressing themselves?
Getting into the lunch hour, it's a Friday, and summer vacation preplanning on Wall Street. So, normally things should be boring for the rest of the session.
We shall see.
If volume dries up during lunch hour and then picks up again, it will indicate that the buying is professional (big player, institutional).
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