Can we talk about how the movement of this index has been so strange lately? I've been following the daily movements and the stocks within it and their news and it seems to trade unlike anything else I've seen, maybe similar to Hong Kong 50 and Chinese stocks.
Opening today was at 8371 which got obliterated instantly, moving all the way back to 8300. The rest of the day was continuous rejections at 8300 and it closed at 8261. That's an intraday 100 point drop. The data today was slightly better than expected. Honestly the movement seems insane. I can only correlate it with how the HK50 moves with strange moves in one direction instantly followed by inconsistent consolidation.
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