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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Vitas who wrote (16501)6/8/1999 11:22:00 PM
From: Terry Whitman  Read Replies (3) | Respond to of 99985
 
Anyone notice that the Dollar made a major reversal today?
decisionpoint.com

What's the normal resolution to a rising wedge??
chartpatterns.com



To: Vitas who wrote (16501)6/9/1999 6:33:00 AM
From: HairBall  Respond to of 99985
 
Vitas: It was more level II manipulation....bid/ask pressure, coupled with walking the price up quickly, thus creating volume. After, the desired effect was achieved the standing 100K bid dropped.

I watched it during the brisk run up late Friday...no evidence in the time/sales data of a 100K bid or ask. But, this manipulation was blatantly obvious to me on Level II.

#reply-9964150

Regards,
LG


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