ESZ 2k Flashing

C

Cy_M

some SOB with lots of buying power keeps flashing the bid side of the ESZ with 2k lots, this has been occurring since Sun, how should this be interpreted?
 
Yeah, I have been ignoring it in the past but recently it keeps bothering me. We saw the junk rally on Mon! and now another rally off of the 52 area where he was flashing!
I'm wondering if that is to test the waters and make sure there are no more sell orders to try and bite the flash before the flasher goes long???
 
In other words it's showing off liquidity and if nobody bites then it means no more sellers...
He does this always at the bottoms during slow market. Which also makes sense.
 
On second thoughts, who would want to push the market up? Not a genuine Bull, only someone with intention to offload huge inventory into rallies?!
 
Well, the first Bid flashing marked the daily bottom and the Ask flashing marked the retrace Top.
Maybe we have a new indicator...:p
 
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