ANZ
Another stock i am watching is ANZ.
Although not as pretty looking, I am working the same idea of a 5 wave advance from the June 2013 lows.
It looks like it still needs a small dip then new high.
A move back under the blue line around $31.50 will suggest a reversal.
So thats 3 of the top 5 XJO stocks appearing to have what i think its a 5 wave advance close to ending.
Ironically they are financial stocks.
So if i am correct, then after a 5 wave move is completed we should see a reversal.
From the charts i posted above, it seems they are in sync and working the same idea of a 5 wave move from June 2013 lows.
So I will wait for the pieces to fit together.
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