For an XJO increase of almost 200 points from 4400 to 4600, WBC , MQG, NAB and CBA have not formed new highs The only exception is ANZ
Also BHP is still very much lower than 39.63 high and RIO is well below its high of ~ 64 $
This shows that all of the ASX 200 stocks have gone up to keep the index moving up
Whether this shows that the peak for now has come and therefore expect the retracement ?
Sara
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- forget friday
forget friday, page-20
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