90% really? where did you get the data for that?
I have seen 50 but 90? But it wouldnt surprise me….
“The most stunning allegation in the lawsuit is that an estimated 50 percent of all trading on the Chicago Mercantile Exchange is derived from illegal wash trades.”
at any rate volume near tops and bottoms happens for a reason smart money wants to sell because at tops they have already made a nice profit.
Dumb money wants to buy because the moon is clearly in sight.
ps smart money is now a cu, dumb money is a mouse.
The second mouse gets the cheese.