Re: Price action -- remember TRQ
You might be spot on regarding the trading algorithms.
The reason I posted is that I know there are technical traders out there that look at trend lines. Currently the trend line is in a classic downtrend. Either algorithms or technical traders might be slowly riding the downtrend until the trend stops or reverses. The stop or reversal can be based on substantive news, but I think that someone out there knows that nothing substantive is going to happen for defined period -- viz. till April -- giving time to ride the trend.
The other option is to attract more buyers to catch the trend traders off-guard. :)