CBA 1.39% $132.74 commonwealth bank of australia.

beware head and shoulders?

  1. 696 Posts.
    lightbulb Created with Sketch. 2
    Possible Head & Sholders??? Perhaps too simplistic to actually pan out?

    1-2 = 41 days
    2-3 = 40 days
    3-4 = 34 days (head aprox=$40)
    4-5 =+34 days =AUG 03 (right shoulder low)
    5-6 = +40days = SEPT th (right shoulder high, also rally towards mid AUG dividend)

    I also think early sept will be the high for the overall market and than down well into 2010.
 
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