People will tell you it's a news event, or even better I hear people say that they are targeting stops. None of it is true. The only thing that institutions who control the market are doing is moving the market faster when news is released. The same structure is still applicable. Why do we pop off of what seems to be random levels? Real simple, you are popping off s/g targeting the distribution you lost or the R/G level. Progression will help you see the big picture, and how to take advantage of playing these FT's.
