Hi FunkyMonk,
It appears to me a lot of the volume today can be explained due to XMJ that seemed to have a reasonable ( although decreasing) spread on increasing volume whereas most of the other sectors seem to be narrow. Maybe a case of -1+1 = 0? What is your VSA take on XMJs recent action?
In your view is VSA as successful for trading indeces etc versus actual stocks where there is more of a 1 to 1 relationship between price and volume?
Cheers,
wild card wednesday., page-53
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Last
7,877.3 |
Change
26.600(0.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,850.7 | 7,898.7 | 7,846.6 |
| XJO (ASX) Chart |