What I do is I like to look at the market darlings amongst the top 200. Follow the top 2 or 3. OK, so ZFX is, or has been the popular one recently. All you have to do is watch that, and the rest of the market will follow it. Leaders lead, followers follow. Money has been flowing out of ZFX, and it has some ugly candlesticks in the last few days. Perhaps some consolidation due.
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Last
8,570.4 |
Change
-9.700(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,580.1 | 8,593.6 | 8,558.3 |
| XJO (ASX) Chart |