Loading ...In my last post I was showing that the DOW is being massively manipulated! It shows there were already 41.3 Billion trades this month but only about 3.6 Billion of them are legitimate trades. IMO the rest of them are WASH TRADES, explained on this site. IMO this shows the desperation they are going through to prop up the markets. Once the trading day is finished , all those fake trades disappear, leaving only the legitimate trades and volume of 3.6 Billion. I’ll post both the during trading day chart and the after trading day chart below which to me shows the wash trades. Look at the volume difference!
Fictitious trade
A wash trade is a form of fictitious trade in which a transaction or a series of transactions give the appearance that authentic purchases and sales have been made, but where the trades have been entered without the intent to take a bona fide market position or without the intent to execute bona fide transactions subject to market risk or price competition.