CBA and MQG

CBA looks to be running out of friends at the support level shown, which is only a small move below Friday's closing price.

The drop tonight might even see it get there on Monday.

MQG has moved down 15 weeks and up 30 with a failure to find a higher high. This setup doesn't always work but the probabilities are on the bearish side.

For what it's worth ANZ, NAB and WBC are a bit indeterminate to my eye at the moment although ANZ does have a tidy RSI divergence at the high.