Hi all u may wanna check but the last 4 or 5 Wednesdays have been down days for spi with Thursday being some form of a v shaped recovery with a higher close than open .
Can only guess tomorrow will be the opposite as patterns don't last forever . Note Wednesdays have had fake breaks at or after lunch time as well . So if we think it will be up then look for a fake break down after lunch .
Nuffin deffinite but xjo monthly open is key on xjo [which was support this morn ]and we don't normally do more than 3 months red or haven't since 1994 .
So if Wed is opposite [up] then look to sell a spike high on Thursday but note I think xjo must close above 5650 Friday .
Prob getting a bit ahead of myself with the above but it feels right for an opposite approach here .
ge
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Hi all u may wanna check but the last 4 or 5 Wednesdays have...
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