Thanks, very nice footprint chart. I'm trying to figure out how to read it. this is not just volume depicted on a tick by tick basis, right? is it sierra chart or market delta? I wish I've a nice software package like that...
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Per Mike's request, I'll hold off on explaining the intricacies of reading the footprint/volume ladder chart. But the chart itself is from Sierra Chart. Sierra and Market Delta are very similar in their offerings and both offer a free trial. Give them a shot and see what you think.
But back to the question at hand, I'm a firm believer in the thought that each market's move has a reason. A market maker may be able to attempt to influence a market to a degree but no one is bigger than the market and will only end up losing any type of games being played. The only manipulation that I see in the markets are from HFTs. I recall a few months back an HFT program go haywire and sweep the book in CL which ultimately ended up halting the entire energy complex. But that's a different conversation.
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