Because of the volume that’s been flowing through the market recently.
The situation hasn’t got worse; the cycles are just spinning faster.
Market is like a dog on a leash; it has room to move wherever it wants, but with constraints.
And with the volume which has passed through the market in recent weeks, its on that constraint.
absolutely relentless, page-44
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Last
8,006.7 |
Change
-10.900(0.14%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,017.6 | 8,018.0 | 8,006.5 |
| XJO (ASX) Chart |