You should be asking, will they dump the close? All exits blocked and suffocate the sellers! such busy machines, it will take minutes to execute the orders, and by then the price would have fallen down the cliff !
SPY is holding a flatline. Penny-wise upward move is computers trying to trick you into buying. I have confirmed the sell-off at 12:37 is real.
Waiting for the "flash" downward movement at minute from now.
Highly doubt it, very steady buying, seems like there is still new money coming in, and not shorts covering in panic. Not a single higher low on 5 min, all higher highs or double bottoms, creeping up penny by penny. There is only 10% chance of selling off. And if that happens it will be a near term top for at least the next 2 weeks. Will see. I'm still holding March Bear call spread 150-155, will see what happens, but so far looks strong, as if the market is expecting another 20% run