"Price weakness is simply reflecting the total absence of new buyers in the present data void "

You are correct.... but only on half of the equation. The other half involves the manipulation of the sp downward. Frankly, I have difficulty in accepting your seeming difficulty in recognizing the manipulation. Without the manipulation, the sp would just sit there until buyers prevail or bad news created sellers. There has been no legitimacy in the sp diving being that negative information has not been offered. The buy/sell patterns and volumes say it all.