XJO 0.10% 8,212.2 s&p/asx 200

XJO Weekend Charting and Chat - 09 Feb 2018, page-17

  1. 9,457 Posts.
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    SP500 chart with volume in the bottom panel:



    Highest volume in this correction in the SP500 has been on up-days. Friday and Tuesday.

    That suggests to me that some big institutional investors (e.g., investment banks, funds) have been scooping up stocks. That's bullish.

    Biggest problem that I've gleaned from my readings has been in leveraged ETFs. Liquidity issues in those stocks has been a problem with investors (naturally) wanting to exit as quickly as possible as their losses were exacerbated by leverage.

    Liquidity has not been a problem as far as I can see in the broader market. The high levels in volume can attest to that.

    RB
 
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