XJO 0.10% 7,767.5 s&p/asx 200

Monday Dec 11th Gaps

  1. 10,741 Posts.
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    I can't see a Monday thread, so I'll post here if that's okay. SPI futures did a 28 point range Friday night, high being 6024, low being 5996, with a close Saturday morning of 6024, up 29 points on volume of 7,180 contracts. Based on that move, my high resistance line is 6043, low support line is 5987, with the pivot point at 6015.  One up gap remaining at 6027, and nine down gaps, at 6009, 6008, 6990, 5987, 5983, 5975, 5974, 5963 and 5950. One would expect the high one to fill at open with a gap up, then go for the lower ones during the day. Positive overseas markets on Friday night, but North Korea stuff in the news this morning. Apparently their last nuclear test 'moved the earths core' with tremors still being recorded... Humm, doesn't sound too good. Let's see if the XJO cares. Have a nice day.

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