SPI Futures traded in a 22 point range last night, with a high of 6415, low of 6393 and a close this morning near the top, at 6412, up 19 points on low volume of 9,066 contracts. SPI filled the gap at 14 last night, hitting it four times then crawled along that line - funny that. Gaps from last night down at 6411, 6402 and 6392 (close of the day session). No upper gaps from last so the next one up is 6430 from a previous day. The big 80 point gap down at 6368 is still unfilled, as she got down as low as 81 yesterday, so a wee bit more in her. US markets up for err, no particular reason with the DOW up .17 pct, SNP up .21 pct and Canada (resource driven) down .26 pct. (note the word down) VIX down 3.35 pct to 17.30. Oil fell to 2 month lows. It's Friday so anything can happen in the afternoon. XJO closed yesterday in the CSPA bang on that 76.4 pct Fib line - funny that. Have a nice day.
View attachment 1581259XJO yesterday
View attachment 1581262Today in 2014, Psy's "Gangnam Style" became the first video to reach 2 billion views on YouTube. The phrase "Gangnam Style" is a Korean neologism that refers to a lifestyle associated with the Gangnam District of Seoul, South Korea. Working on my own version - "Gangnam SPI" - So, when trading the SPI, do it with style.. Trade it Gangnam Style. Do a little dance and get that blood circulating.. stops my head exploding anyway.
View attachment 1581250 | Column 1 | Column 2 |
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| 1 | H | 6415 |
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| 2 | L | 6393 |
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| 3 | C | 6412 |
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| 4 | R | 22 |
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| 5 | R6 | 6429 |
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| 6 | R5 | 6423 |
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| 7 | R4 | 6420 |
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| 8 | R3 | 6418 |
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| 9 | R2 | 6415 |
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| 10 | R1 | 6412 |
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| 11 | PP | 6407 |
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| 12 | S1 | 6401 |
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| 13 | S2 | 6398 |
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| 14 | S3 | 6396 |
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| 15 | S4 | 6393 |
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| 16 | S5 | 6390 |
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| 17 | S6 | 6385 |
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(20min delay)