It could be seen either way. On the flip side, the fact that...

It could be seen either way. On the flip side, the fact that somebody was selling such a large parcel is also bearish and it wouldn't have take much more stock to gobble upward and push the price higher.

I didn't see the depth to see what actually occurred, my initial thought was that it may have been a short seller's trailing stop that was hit when the price retraced.

Over recent times, the price has been steadily decreasing regardless of the frequent reasonably large Buy parcels being placed on the order book. IMO we're still in a downtrend and a single large buy parcel isn't enough to change my view on that.

It will be interesting to see when what happens when the market crashes and people get margin calls. IMO, about the only thing worth being Long in is Gold on after a bounce of the current retrace, almost everything else has too much risk.