I imagine there has been quite a lot of EOFY tax loss selling going on here. The SP seems to be in a death spiral. Broker data isn't pretty.
Gapping down though into oversold territory so one would reasonably expect bargain hunters to swoop in soon at the least.
Obviously the product path to market is still spinning away in the background. Fundamentals always win in the end.
GMV Chart, page-1414
-
- There are more pages in this discussion • 927 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)