Hanging Out - Thursday, page-3

Don't get hung out to dry. SPI futures traded in a 32 point range last night, high being 5868, low being 5836, with a close of 5863, up 25 points on lowish volume of 8,000 contracts. Based on that move, my high resistance line is 5888, low support line is 5824, with the pivot point at 5856. Gaps from last night, down at 5861 and 5841, and two down from a previous day at 19 and 06. Gaps above from previous days at 69, 95 and 5903. DOW down .16 pct, SNP up .08 pct and the VIX up .35 pct to 2.30 pct. Canada (resource driven) were up 1.15 pct. SPI is indicating XJO to be up .37 pct, more in-line with Canada than the US, but that can change quickly. I've got my eye on those lower gaps today, particularly the 19 and 06 level, so if my lower 5824 level is broken, it moves to 5806. Have a nice day and don't hang out with idiots, but rather, surround yourself with people who lift you up, not bring you down.