@paddington bear CBA as our bellweather: I have it falling below rising wedge and then recovery to new highs; could draw new peak of rising wedge but noticed over years if "I move lines it usually means I am wrong"? .... BUT any weakness nest day or 2 will mean -RSI divergence on recent high .... & noticed yesterdays high $84.12 and little GAP 4-5 Jan 2016 ... top of gap $84.23 = all but closed gap 12 months to day later mmmm coincidences? And FWIW very similar gap in Aug 2015.
All very inconclusive to my eye?
THOUGHTS?
Other 2 "bellweathers" I discussed BHP tracking nicely and CSL nice push above 4100 yesterday .....
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