I'm not all that certain of the validity of dow theory regarding the confirmation nexus of the two...but as a general rule I like to see bullish moves in sync.
That especially applies to the ASX which is largely banks and miners...a sustainable rally should have its two biggest components, BHP and CBA, in sync.
That is not happening--especially today.
mitta's - positioning for a bang thursday, page-22
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| XJO (ASX) Chart |