Replies to post #194679 on SPDR S&P 500 (SPY)

[imiloa]

if you settled into the assumption that the markets are rigged to maximize profits for the deep pockets
then all of this makes perfect sense.

as does giving in to the will of the hands that can drop a fake Russia/Saudi headline
to save the market just as it seems about to break downward
and not have the SEC look up from their pile of donuts...

imo, aug 2015 showed that they can't control runaway freight trains of doubt.
meaning a correction will come eventually
went a critical mass of traders decent to opt out of the kool aid express.

but until that critical mass triggers
imo, rallies like oct 2015 and feb/march 2016
indicate that the casino can guide the market higher at will
via bots trading btwn each other
not even accumulating stockpiles of share inventory.

and TA only gives us some insight into what they've done previously
and general market sentiment about that manip.
not whether their continued manip will be successful next week.