Let it go......Friday, page-7

Yesterday was a buy SPI futures at the open, sell at the close day, although after hitting the high of the day at 3:25 pm, 5670, she dropped 45 points hitting the low of the night session at 7:30 pm, so basically retracing nearly all of the days upward movement after the XJO close, when the MA crossover turned red and the SPI turned back into a futures contract, not a follower of the XJO.

Last night, SPI futures did a range of 32 points, clawing back from the lows,  H being 5656, L being 5624 with a close at 5650, up 7 points on volume of 5,943 contracts. Based on that, for today, my High resistance line is 5675, low support line is 5611, with the pivot point at 5643. However, this new money grab levy news on the banks might throw a spanner into the works . We shall see.