The trend obviously has been down for 3 weeks or so in the miners, a week or so in the banks.... but there is still confusion as to whether to short or long.
We are seeing massive daily swings in the percentage of shorts, indicating trader are flitting in and out of their positions in large volumes.
fat fingered friday, page-138
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Last
8,011.9 |
Change
23.800(0.30%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,988.1 | 8,057.9 | 7,988.1 |
| XJO (ASX) Chart |