Looks like it...
What I see is a pretty decent gap up on really low volume... and, then, with volume still below the recent averages, there's a trade occurring that shows a "black candle" versus red, and that is paired with what looks like a very fine balance in the Accumulation/Distribution... which keeps jumping lower, popping back up...
In other words... we're back up near the highs from last week Wednesday, when Knight's orders all got entered on the wrong side of their own trade... ? They intended to enter a big pile of shorts, and instead ended up entering big numbers in a long side trade in which they had no confidence ?
And, now, it looks like we're seeing a gap up, today... and see shorts re-entering the fray ?
I'd say that looks like Knight re-establishing their presence, and cautiously trying to reclaim some of what they lost last Wednesday ?
But, you know... that's just me reading charts... |