Monday April 8 - Make my day

SPI Futures traded in a 35 point range Friday night, with a high of 6199, low of 6164 and a close on Saturday morning near the high, at 6195, up 32 points on low volume of 7,332 contracts. Based on that range, my pivot point and R and S levels are below. Lift off Monday ? Gaps up at 6271, 6270 (previous opening gap), 6209 (previous opening gap), and down at 6191, 6187, 6186, 6184, 6180, 6169, 6168, 6163 (Friday night opening gap) and 6157 - a fair few. DOW up .15 pct, SNP up .46 pct and Canada (resource driven) up more, up .52 pct. VIX down 5.60 pct to 12.82. SPI indicating XJO to be up .40 pct, too much, too little, not enough ? Some of those lower ones look good to me, but watch the US futures open for a clue. Would be nice if she gapped up and took out the 6209 first.



Today in 1986, Clint Eastwood was elected mayor of Carmel, California. "Go ahead, make my day" Well, that certainly made his day.  He also said amongst other great lines - "I have a very strict gun control policy: if there's a gun around, I want to be in control of it." Have a good one and don't forget the clocks have changed - or - as Clint would say - "Sometimes if you want to see a change for the better, you have to take things into your own hands."

	Column 1	Column 2
1	H	6199
2	L	6164
3	C	6195
4	R	35
5	R6	6221
6	R5	6212
7	R4	6208
8	R3	6204
9	R2	6199
10	R1	6195
11	PP	6186
12	S1	6177
13	S2	6173
14	S3	6169
15	S4	6164
16	S5	6160
17	S6	6151