High 9s low 10s support range is where with the current sell off momentum is a higher possibility. SP has been falling since 2014 so I am a bit picky on the longer term trend. The bank sector generally has all the big 4 looking similar but with a better hint of an uptrend. CBA not tempting me yet and these investigations generally in both companies will take a long time to play out with investigations, charges laid, class action etc. The whole bandwagon of the system who deem themselves able to make a buck from this will be in full swing so like yourself it needs destructive valuation before I will even be tempted to bottom pick.
CWN Price at posting:
$10.92 Sentiment: None Disclosure: Not Held
