hump day wednesday, page-44

4664 on CMC which is within a point at the moment of SPI was the FIB grid target and seemed to work.

Everything short term seems overbought and although Sep will inevitably be massaged higher for the expiry Dec becomes interesting with a gap up today and the change over setting up another possible gap tomorrow because of the change in contract. 2 successive unfilled gaps. Hmmmm.

All the same 4600 on an XAO close seemed significant so a pullback just to that level would still be constructive I guess.