XJO 0.73% 8,057.9 s&p/asx 200

SPI Futures traded in a small 28 point range last night, high...

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    SPI Futures traded in a small 28 point range last night, high being 6246, low being 6218, with a close this morning of 6237, up 19 points, on small volume of 7,555 contracts. Based on that move, my high resistance line is 6262, low support line is 6206, with the pivot point at 6234. The Gap on the XJO from three days ago has not filled yet, as the high of the daily bar was 6302.30, and close was 6300.22, and the high of yesterday was 6298.60, so a few points to go and one would expect the gap to close today. Two of the three SPI Futures gaps I mentioned yesterday filled last night after futures regained their composure after the CSPA XJO 12 point drop, being 43 and 46, so the remaining one at 53 should fill today also, with the US and Canada being up overnight and being the first of the month. VIX was down 10 percent. After the 53, there are gaps at 64 and 69. A few outstanding from last night too, at 6239, 6226 and down at 6220. Have a nice day.

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