This is not about to open a large discussion about specifics.
It is a "mind-map" I created to get a clearer picture for these fast moving, complex and intertwining markets. It is a pure personal interpretation of today's markets.
Some are hard facts, some are assumptions. Some are hard to proof, like manipulation and insider trading. But every trader who is long enough around, knows or feels that there are shady things happening in the background. An old myth is that Brokers "hunt" your stops, no they don't. But I suspect sophisticated algorithms do! They throw micro squeezes in the mix that last for a few seconds or within a few minutes, shaking out the weaker hand.
I do a lot of research on very small time frames in ticks, seconds, to look at algorithmic behavioral patterns and exploit them or avoid them when I am in for a longer term trade.
It is probably not all algorithmic behavior what causes these jumpy and fast markets. Let's not forget millions of traders 24 hours around the world click in and out of these markets with one mouse click, which can cause a pseudo algorithmic effect.
Trading these markets, you should be aware of all interrelationships, negative/positive correlations and lightning fast price changes.