Another inside day up here with lower volume would set up...

Another inside day up here with lower volume would set up interestingly for Friday with the MSCI index rebalance. That will be educational for me, I have no idea how it will play out, will the microcap funds sell on market while the small cap funds buy, or will they just cross the stock in the auction? Will the microcap funds hold more or less than the small cap funds need to buy? I have no idea but it will be interesting to watch



A couple of lines there to watch if it pulls back

Note : this chart only has ASX data so volume isn't correct i.e today's 3m cross must have been cxa so doesn't show on this chart

ETA : I think next Thursday we get the ASX index rebalance announcement and then 2 weeks for those funds to get the stock they need