Well BHP got to within 6 points of its Feb 50% and dropped nicely along with the rest of the market. CBA also failed its
The Jan Support at 4560 failed so is it now down to the Feb support at 4449 and the quaterly 50% at 4439. XJO weekly support 4502 so there is a whole bunch of support coming up, BUT BHP Feb support is 36.02 (weekly support @ 38.54)and CBA Feb Support is 49.89 (weekly support @ 52.13).
So CBA and BHP weekly supports might match up to roughly 4450 for the bounce leg.
Baps, how do u read it?
Well BHP got to within 6 points of its Feb 50% and dropped...
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