Since the big 4 banks set their highs in late April/early May they are down approx:
NAB 13.5%
WBC 13% (which had a 3 topping action March - May)
ANZ 11.5%
CBA 9%
Interestingly the XXJ down 10% and appears to have now broken through the double bottom set in Jan & Feb. I don't find that particularly inspiring.
Cheers
Obe
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