Mixed signal for an old school chartist like me.
1. If we believe the SP then its bullish
- Dragonfly Doji bouncing of the green trend line
- Closing close to intraday high and still on to a dynamic upward trend line
- EMA 20 30 and 200 all pointing in the right direction and in the correct correlation to each other.
2. If we look at the indicators then not so bullish here
- Stoch RSI headed lower.
- Volume not really increasing significantly.
After trying for 25 years. I've come to the conclusion EL doesn't work on CBA. Are you there yet?
(20min delay)