Invisible Hand Follow-Up: Distribution in Action: Why Someone Was So Eager to Push Prices Higher This Afternoon

And now we see exactly why someone was so eager to push prices higher this afternoon.(Go ahead and guess who was happy to sell into that bounce…) QQQ (1M) – 3C turns negatively divergent at the bounce high and starts plunging. SMH/Semis (1M) – Same deal. 3C turns lower as price bounces in semis. A…