Besides the MMs taking out stops below before a move up. You’ll see that more frequently at the lows. I wonder if they could manipulate short covering with a quick drop. I’ve seen long tails that dropped all the way down then disappear after awhile and have no idea what they were doing or a malfunction..
What we do have to watch out for is they can mess you up even if your on the right side like reverse splits of ETFs, delisting, or what a company like Ascot suddenly did and steal all the investors shares.
