This is strategic manipulation of price, pure and simple. The tape does not always reflect what is really going on here. Not only review the buys/sells, but did everyone notice the mysterious 12,421 ask that appeared around 1100 and kept going lower by 1/1000th of the ask? Nobody sells like that. That specific amount also showed up a week ago. Whomever is orchestrating this, has something big in store once this is resolved, to your point.
Bullish