Pizza Friday, page-8

Seven days without a pizza makes one weak. SPI futures were weak last night, trading in a 137 point range, high being 5818, low being 5681, with a close this morning at the bottom, at 5681, down 131 points, on high volume for a night session, of 23,672 contracts. They sold it down 20 points in the last 5 minutes of trade, which is never a good sign. Gaps up at 5709, 5749, and 5812 from last night. I won't mention the previous days gaps, as the chances of them filling today are next to zero. I would expect a 5709 gap fill shortly after the open. DOW down 1,032 points, or 4.15 pct. When I woke up, she was only down 500 points. I think that is the current thinking. 500 points used to be a big day, now it's a sigh of relief if she is 'only'  down 500 points. S&P down 3.76 pct. VIX up 14.57 pct, to 31.77.  I won't calculate pivot points today. SPI is indicating XJO goes to 5734,  down 2.60 pct, and it's Friday. Possibility of an afternoon position squaring, but I'm not holding my breath, however, we all know the XJO can surprise everybody, but at the moment, the train is getting faster. Have a nice day.