11th May Friday close

Friday we had a +100 move up to the 900 level then a clear rejection of the level that culminated in a fake-out. Always interesting to know why this happens I've read there are algorithms that can cause these or traders genuinely wanted to push prices higher but the sell off seemed inevitable.  The sell off after the fake-out was strong with plenty of pull backs that nearly wiped out all the gains made by the morning rally.