re: cba v's wbc charts Just an interesting and not particularly well presented (sorry) comparision of the relative movements of CBA v's WBC
Interesting because this is the largest divergence between the two in generalised movements in many a while and it may be surmissed from the chart that WBC (the bar chart) tends to correct divergences to follow CBA (the line).
The chart does at least give an idea that these divergences do occur and how they are usually resolved.
As rembrandt has stated CBA has finally broken support (all the banks have been loitering around key supports) so I would think it more likely that WBC will shortly follow suit.![]()
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$127.38 |
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No. | Vol. | Price($) |
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No. | Vol. | Price($) |
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1 | 100 | 126.250 |
3 | 38 | 126.200 |
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1 | 75 | 126.040 |
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---|---|---|
127.390 | 100 | 1 |
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