Walking on the beaches, looking at the peaches. Martin Luther King Jr day in the States, so no lead from Wall Street. SPI futures traded in a 26 point range last night, high being 6030, low being 6004 with a close this morning of 6025 (after a 13 point rush to the top in the last 15 minutes), down 1 point, on low volume of 4,156 contracts. Based on that smallish move, my high resistance line for today is 6046, low support line is 5994, with the pivot point at 6020. Intermediate R and S lines are on the chart. Gaps up at 6100, 6083, 6054 and 6037, and gaps down at 6011, 6009 and 6002. Have a nice day from Santa Monica Bay.
Due to the last minute run up, I'm thinking 37 has a shot after open, however that 11 looks good too. Maybe both - We shall see.
Bondi Beach Tuesday, page-4
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Last
7,971.1 |
Change
39.400(0.50%) |
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| Open | High | Low |
| 7,931.7 | 7,993.3 | 7,931.7 |
| XJO (ASX) Chart |