angle of the dangle wed night, page-156

Ok correct me if I'm wrong here but this is how I read this morning's overall picture for the SPI.

SPI closed this morning at 6549 which is a 130 odd point premium to the FTSE's close. Using the 100 point difference thing with us and the FTSE that puts us 30 points above the UK market. XJO closed yesterday at 6692.4. Just looking at the SPI and XJO we have about a 140 point drop to start at open for today.

Now add in the fact the US have dropped significantly after the UK shut and broken major support new the close and that points to a VERY VERY big morning.

Please let this newbie know if I have any of that wrong.. First time I get up to watch the US market early morning and I see this. I hope for our markets sake I have something wrong.