The above chart is another pointer to the overly bullish sentiment currently in the market.
This volume candle chart of the ISO (small ordinaries) shows the "herd" charging into the Small Ordinaries, that's the speculative end of the market.
It comes at the top of a long up-trend.
Rarely is such optimism rewarded.
RB
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 (20min delay)
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Last
8,630.3 |
Change
59.900(0.70%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,570.4 | 8,632.8 | 8,570.4 |
| XJO (ASX) Chart |