RE: Chart Turning UP lately29 Dec 2021 19:39
Cannot know . But suspect shorters reducing their black hole. They have to buy back sometime and we are nearly Q1.
Hypothesis but as feasible as accumulation. And who would not accumulate at this price? Mm’s were dropping it to 51.2-51.6 to accommodate very very regular buys of £15,000. Some of £10,000. Yes there were sells, but I did not see the scale of pre-xmas. But I won’t count my chickens…
We are pawns in this game.
The prudent thing to do is buy now. I can’t. But someone ( or more than one) is!
Seen more large purchases than for months.