If the market reverses shortly, I will term it as a running correction where the B wave exceeds the top of the 5th wave. This is something that does occur in extremely bullish situations & is not all that unusual.
Yesterday's price action tended to resemble a blow-off top.
Any rise on yesterday's close would appear to be artificial & purely a shorts squeeze.
The grossed-up yield on yesterday's high is 4.68%.
If the market reverses shortly, I will term it as a running...
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Last
$176.99 |
Change
2.700(1.55%) |
Mkt cap ! $296.1B | |||
| Open | High | Low | Value | Volume |
| $173.97 | $177.60 | $173.25 | $320.8M | 1.817M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3 | $176.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $176.99 | 2023 | 4 |
View Market Depth
| Last trade - 16.19pm 30/07/2025 (20 minute delay) ? |
| CBA (ASX) Chart |