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Wednesday, August 04, 2021 10:13:17 AM
Now only 10 seconds after the top of the hour, there was a trade for $42 @ .0042. What did that trade do? Glad you asked! That trade immediately took the '5' SMA from proceeding in an upward move to a severe correction downward AND it kept the '50' continuing on it's downward path. It only took a $42 trade to do all that. But it could have been done as easily with a $4 trade. That tells me that they plan an taking out that other 90K sitting @ .0042 before the hour is up.
WOW...as I was just writing this @10:07:11 they just did that. Now we see 1.9M on the ASK @ .0041.
We are now back to .004, with the SP below all SMA's. WOW .0039 now.
Take notice now of how much is on the Bid @ .0039. It is almost the exact amount that has been traded so far today. Can anyone say 'wash'.
Be back later!
SM
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