Say Something Nice - Friday, page-6

SPI something nice, traded in a 34 point range last night, high being 6029, low being 5995, with a close this morning of 6009, down 7 points on volume of 14,110 contracts. Based on that move, my high resistance line is 6045, low support line is 5977, with the pivot point at 6011. The lower 95 gap filled last night, leaving gaps up at 6015 and 6026 from last night and 6094 from a previous day. Gap down at 6006 and 5978 from a precious day and then the rest that I have mentioned previously. Friday again, position squaring, or the first of June, two weeks to go before contract expiration, so we had better fill those lower gaps... Humm. Interesting start to trading today, with the DOW down 1.02 pct, SNP down .69 pct, and Canada (resource driven) up .08 pct, which is probably why SPI is only down 7 points. Gap up, take the 26 out and down for 78 would be a nice way to end the week and could be an early beer day. Have a nice day, and if you don't have something nice to say, just stay away. cheers