Not a conspiracy at all. There is such a thing as strong hands selling to the weak, or as it should be called is professionals setting up retail to hold or be stuck with the bag. If we take a money flow indicator, we can see whether money is flowing into or out of a particular issue. Also, it is important to understand that retail traders usually only make up about 10% of trade and got up to about 25% at the height of the Covid driven volatility spike according to Citadel Securities.

This means in order to move the meter on a money flow indicator institutional trade has to be involved. As you can see since the low in October, institutional trade has not been involved. This is the strong selling to the weak setting up john q public to take the loss. I am almost sure a fall is coming. I can’t say 100% but, in my beliefs, nothing is 100% in trading except the fact that be fearful when everyone else is getting greedy.