SPX broke out of the falling white channel yesterday… …largely on the back of USDJPY, which rallied sharply…
…to offset CL, which tumbled to our target — in the after-hours, of course. When it comes to manipulating prices higher, it’s important to backfill at night, when the e-mini volume is light enough to prop it up cheaply.
Now that the cash markets are open, let the spoofing begin!
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