Monday May 13 - Paint it Black

SPI Futures traded in a 69 point range Friday night, with a high of 6330, low of 6261 and a close on Saturday morning of 6325, up 29 points on volume of 16,285 contracts. Based on that range, my pivot point and R and S levels are below. Green arrow good for 50 points Friday night, after the US market decided now they know, take it up, versus we don't know, so take it down. The market does not like uncertainty. Gaps from Friday night down at 6310, 6301 and 6292, and up at 6329 and then 6337, 6339, 6342, 6344, 6345 and the big one at 6350 from previous days. ES opened down so lower ones looking good with a gap down at open if ES stays where she is or goes down more. Have a nice day.






Today in 1965, the Rolling Stones recorded "Satisfaction" and today in 1966, they released "Paint it Black" in the UK. Kind of like my DIY skills. If I don't get any satisfaction, I just paint it black. The Stones were obviously not traders, or they would have called it "Paint it Red".

	Column 1	Column 2
0	H	6330
1	L	6261
2	C	6325
3	R	69
4	R6	6374
5	R5	6357
6	R4	6348
7	R3	6340
8	R2	6332
9	R1	6323
10	PP	6305
11	S1	6288
12	S2	6279
13	S3	6271
14	S4	6263
15	S5	6254
16	S6	6236