Smoke and Mirrors Thursday, page-2

The SPI is mostly smoke and mirrors during the day, but mostly a mirror image of the US during the night. SPI traded in a 49 point range last night, high being 5805, low being 5756, with a close this morning of 5772, up 7 points, on fair volume of 22,656 contracts. Based on that move, my high resistance line is 5827, low support line is 5729, with the pivot point at 5778. Intermediate R and S levels are on the chart. Yesterdays opening gap at 58 closed, leaving only one gap up at 5796 from last night and 5809 from a previous day. So today is like a Friday, so is it position squaring day, or sell off before the Easter holidays day ?  We shall see. US down a bit, VIX up a bit. Have a nice day, and don't let the smoke get in your way.