RE: Overdue a 100%+ spike22 Jan 2025 12:58
Nothing to do with MM's or Market , the markets label NOTHING, colours and buy/sell/unknown all poor and 100% down to 3rd party sites like this one, using the most basic and dimbo of Algorithms , take the TRADE print on the real exchange, rehash and ADD a BEST GUESS label , based on what dimbo Algo thinks is the current mid price.
All above BUY (never the case)
All below SELL (ditto)
All exactly on IT's mid price , delayed trades (not dark arts mm black trades) or seen outside of IT's current range CHOKES = UNKNOWN.
Its as simple and tragic as that, likewise dimbo misses changes within the actual trading range, eg sudden narrow spread while other MM's reload , all concentrated around mid (some being wrong side) as it still see's all as normal and trades falling inside IT's current range..........