What's going on here?
View attachment 69751
for balance I'll ask the same question.
what is going on here?
Who knows the market plumbing of index rebalancing? There must be some low liquidity stocks left with a balance of shares that couldn't be sold before the end of the rebalance. In closing auction index funds have to have exited entirely from the account connected to the respective funds, so if a large volume is left over, these will need to be sold in the following days (after being transferred to different accounts or market makers). My gut feel is that the last few days of high volume has cleared that process, so no more selling pressure from index funds. Plus much reduced borrow available now.
Might be some light at the end of the tunnel here for holders. I'm waiting on more of a catalyst before I move in again. Still v concerned about anode prices.