SPI futures traded in a 28 point range Friday night, high being 6105, low being 6077, with a close on Saturday morning of 6100, up zero points, on volume of 17,764 contracts. September closed at 6042 on volume of 10,446 contracts. Well folks, four trading days left for the June contract, and there are, err, zero gaps on the upside and numerous on the downside, starting with 6094, 6092, 6091, 6089, 6085, 6083, 6080 from Friday night, and 6068, 6052, 6050, 6042,6040 ,6030, 6025, 6020, 6016, 6014, 6000, 5999 and 5998 - phew, that's a few. DOW down .34 pct, SNP down .11 pct, Canada (resource driven) down .09 pct, and the VIX down 1.16 pct to 11.98 - Humm remember that inverse correlation ? Have a nice day.![]()
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SPI futures traded in a 28 point range Friday night, high being...
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