The Market Facilitation Index[1] (MFI) is the creation of Bill Williams.
This is accomplished by subtracting the day's low from the high and dividing the result by the total volume.
The four possible groupings of MFI and volume were termed Green, Fade, Fake and Squat by Williams.
[2] Notice the long solid candles in the candlestick chart which indicates that the trend has begun and is picking up speed.
It is highly likely that the market is being supported by broker speculation and not any significant client volume.