I just wondered if anyone else had noticed the total volume of the last 2 days of the XJO. I've only got a yearly chart ATM, but yesterday was the 5th highest volume day and Tuesday was the 7th highest volume day. The last time we had such strong volume over 2 days was around the August correction.
Wondering whether it indicates some professional accumulation from the public getting panicky.
The bars on the charts of the last few days also show similarities to the price bars of the August correction.
Be interested to hear any thoughts
volume
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Last
7,796.0 |
Change
26.600(0.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,769.4 | 7,796.9 | 7,753.9 |
| XJO (ASX) Chart |