Couple of point I beleive:
The market is ok to go down on low volume and the only thing is it will bounce harder when buyers appear, obviously not too many just yet.
Also, I think almost everyone was buying yesterday for a bounce??? The bounce didn't happen and the daytraders then exited before the end of the day, hence the 3pm approx movements...
Correct or not??
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Last
8,668.2 |
Change
-89.000(1.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,648.4 |
| XJO (ASX) Chart |