Let's say we go with your thoughts: Why would MMs cover HERE when they can cover lower? This was falling like a knife during PH and the trend will continue because RETAIL is out of powder and all those who bought into 007 and higher have to hold their bags a bit longer. Plus, Magna has not even peaked its head in. I will tell you what I see later...These big volume plays (overbought conditions) are not really good for either side. PMCM is getting toppy again, so be cautious here.
News 
Market Data 
Discover 
