Showing its hand

12.38 pm After a few days of transition the index has made a clear break back up and is 44 points higher at 6069 with 6150 in its sights.

OZL is up another 30 cents and I'm selling the balance here. It was a good move to take the gain in OSH yesterday because they've pulled back and I've reentered at 828 while selling BPT, ORG and WOR for reasonable overnight gains. I'm long some Vocus on a higher low and potential breakout. TLS and TPM are also higher and I've bought and sold some of them.

The small caps are a bit higher. I sold half the Lovisa at 1224 but should have sold it all as the stock has eased back to 1194. DRM is slightly higher but just announced some astounding grades at its new Da Vinci exploration.

3.29 pm The best looking chart today is A2M. I got long earlier and though I sold some I have enough for a reasonable overnight long. Currently up 49 at 1043 and clearing away from the basing congestion.

Also long some NEC as they make a clean buy signal following a slide to 220 support.

4.28 pm Quite a good day again in the large caps while the smalls lost a touch though I'm managing to exit failed positions and put on some new ones so I'm hoping that will turn around.
I'm net long given the strength in the market - closed up 32 - though I added a short in CCL. I think it may have completed a short squeeze, momentum is fading anyway, so even if it grinds higher it might be a reasonable hedge.