Probably been picked up already(if that's the case I apologise) but the SPI and XJO are/have just played out a Head 'n Shoulders topping pattern. XJO has reached its 'normal' MM target whilst the SPI is showing a bit to come(maybe overnight?). A more -ve target is the 423.6%Fib and our cluster multi bottom on the SPI ... ~ 5639/25 zone if that 61.8% doesn't hold.
Personally, I wouldn't be surprised to see a bounce offshore tonight ... to start 'filling/testing' a few GAPs created.
SPI 4_Hourly chart ...
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XJO Daily Chart ...
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