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Post# of 463814
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TempePhil

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TempePhil

Re: None

Thursday, 04/04/2019 6:19:15 PM

Thursday, April 04, 2019 6:19:15 PM

Post# of 463814
Longs are causing the SP to go down! Hear me out...
Well to be more precise, the buyers are causing the decline when there is no news.
Buyers keep placing bids several cents (or more) below the last trade price.
When the market is this thin and no one is selling, the MM must sell out of its pile. So it will move down to pick up the decreasing bids!

Anyway, this is a speculation.... comments?
I am not sure about this, but it seems to make sense, with no news.

Flames ON!
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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