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7,734.5 s&p/asx 200

Opening gap and lower gaps poofed. Upper ones next. [ATTACH]

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5speed

10,741 Posts.

2086

16/01/19

10:11

Post #: 37128355
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Originally posted by 5speed ↑

SPI Futures traded in a 39 point range last night, with a high of 5769, low of 5730 and a close this morning of 5758 up 4 points on pathetic volume (again) of 8,805. Based on that range, my pivot point for today is 5752, with resistance lines at 5791, 5782, 5776, 5772, 5767 and 5762, and support lines at 5743, 5737, 5733, 5728, 5723 and 5713. Gaps from last night up at 5762 and 5768 and down at 5750 and 5748 then a long list below that. DOW up .65 pct SNP up 1.07 pct and Canada (resource driven) up .47 pct. VIX down 2.46 pct to 18.60 - happy days... Today in 1986, was the first meeting of the Internet Engineering Task Force. Hasn't she come a long way.. Got nobody to blame for losing trades anymore.. Have a nice day.

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Opening gap and lower gaps poofed. Upper ones next.

XJO Value at posting: 5,815.9
5 Upvote

1 Great analysis

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