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3,139.9 s&p/asx small ordinaries

Thanks for that - I'll keep a watch on it to see how it evolves

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paddington bear

14,107 Posts.

2110

22/03/19

16:12

Post #: 37855611
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Originally posted by gurnz1 ↑

It all comes back to Load's observation that Friday had high volume (XSO thread previous page) and alluded to by Jacko8557 in the XCL thread. Digging down, there was exceptional volume in the ASX200 where a fund or broker or whoever sold out and bought up. Digging means looking at every ASX200 chart, identifying a high (2x average) volume and checking the OBV for up or down.
Example of sales include: SAR, NST, RRL, ANZ, WBC, S32, BHP. Buying : STO, SCP, WES, NAB, MMS, CSR.
Follow the money for me means buying what they bought and staying away from the sales. Cheers

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Thanks for that - I'll keep a watch on it to see how it evolves

Last edited by paddington bear: 22/03/19

XSO Value at posting: 2,762.7
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(20min delay)
Last 3,139.9		Change 23.500(0.75%)		Mkt cap ! n/a

Open	High	Low
3,116.4	3,152.1	3,116.4

XSO (ASX) Chart