chart, page-1263

Note that today's volume - @ 84m - was the highest since 03 Dec - of 93m - and the prev. volume high on 07 Nov - 108m.

Each of these TWO prev. high volume days preceded periods of 13 & 12 trading days respectively, of drift downward, immediately followed by TWO 4-day price rise periods, the both of them price-peaking at the top (20,2) Bollie Band line on 02 Dec. & 11 Dec. respectively.

A THIRD drift downward occurred, from 12 to 31 Dec. but NOT after another price high,
but ALSO immediately followed by a 7-day price rise peaking ABOVE that (20,2) Bollie Band line - at 5.6-5.7 on EACH of the last 4 days of that 7-day period from 02 - 10 Jan.
So, IMO we are about to experience a FOURTH drift over the next few days, but not by as much in the price,
because BOTH the top & bottom (20,2) Bollie Bands are tightening, and the
MACD (12,26,& 9) is about to cross upward over the zero line

all above interprets being as per my Commsec 6-month Daily Candlestick chart.

I've said before I'm as useless as tits on a bull posting charts on HC - so more than likely l'd expect @W3hunter to post again 1 of his superb charts, perhaps incorporating my data as above, together with appropriate labels?

I'm posting this info this time as a statistician - a rare event for me, as a casual trader.
Trust most of you can follow it all - particularly if you only use Commsec charts too.