Tuesday, April 23, 2013

SPY Manipulation

 3 min 3C distribution in to higher prices as we suspected, but how are they keeping the market up?

 SPY arbitrage shows manipulation, HYG is one of 3 assets used in the model...

 HYG intraday is perfectly supportive, but...

Look at the longer term of where the SPX highs were and where it is now compared to High Yield Corp. Credit, it is way higher, obvious manipulation to keep the market up a bit longer, until AAPL earnings and the reaction during regular hours tomorrow is my guess.

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