I think next week the MMs are going to move this to direction that produces the most volume. Right now that appears to be off the bottom trend line. I believe this is because there are many traders/investors that are trying to buy in cheap, and conversely there are many longs that have limit sell orders placed at much higher SPs, as I do. So, there are large blocks on the bid at lower SPs and few sellers; therefore, to generate volume the MMs are forcing those that want out now to sell at a lower SP to those that are anticipating the roll out/revenues for next year.
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