There have been numerous calls to sell the banks. This strategy may prove a little short sighted. CBA has approached the all time high with momentum. Inverse Head and Shoulder pattern with price approaching the neckline. The price target set at $92 While its never a straight move the Primary trend is UP.
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This what happens when divergence builds into a VERY bullish day. Good support at 5150 , look for 5335 to be breached. Failure at this level would give a strong indication of continuing trend strength or not.