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Go the Extra Mile Wednesday, page-7

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maxmang

260 Posts.

01/11/17

10:05

Post #: 28383159
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Originally posted by 5speed ↑

SPI futures went the extra mile last night, putting in a 29 point range, high being 5916, low being 5887, with a close this morning of 5912, up 24 points on volume of 5,191 contracts. Based on that move, my high resistance line is 5934, low support line is 5876, with the pivot point at 5905. Looks like the outstanding gap at 21 will fill early, and the 67 gap is still there, so if she breaks 76, you know where she's headed. Other gaps on the downside are at 5907, 5902, 5899 and 5890. US markets up a bit, VIX down a bit, same old, same old. Will the XJO go the extra mile today, and more importantly, in which direction ? I'll follow the arrows and the gaps. Have a nice day.

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You still got the gap at 21 on your SPI chart?

XJO Value at posting: 5,917.4
1 Upvote

0 Great analysis

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