Manipulation

Yesterday we saw over 60 instances of plus tick taking the daily CCT to -65 which now has relieved the oversold condition. The trend up action yesterday was very suspicious and the manipulators were hard at work most of the day as we had extreme tick reading with very little volatility. The bad news in the morning should have created some minus tick readings some time during the day and it did not, this environment is almost impossible to experience in a normal trading pattern. Therefore, the huge computer was doing its job to buoy up prices with incredible horsepower with a false pretense. Technically we are hovering at the 55 DMA and we will see if we have follow through today.