Two weeks ago we shared a post on the topic of variant perception, specifically how the two distinct classes of market participants, humans and machines, view their natural habitat. Judging by the interest in the article, this approach to breaking cognitive dissonance was quite welcome, which is why courtesy of Nanex, we bring you part two.
This is what you see:
This is what HFT-bot (which according to the SEC provides liquidity by lifting limit offers) sees:
The actual move up took just 275 milliseconds: