Thursday 15th November - The Sun still came up

SPI Futures traded in a 64 point range last night, with a high of 5784, low of 5720 and close this morning of 5745, up 5 points on volume of almost 16,000 contracts (a far bit for us). Based on that range, my resistance lines for today are 5814, 5798, 5789, 5782, 5774, 5766, the pivot point is at 5750, and support lines are at 5686, 5702, 5710, 5718, 5725 and 5734. There are 2 gaps below from last night, at 5723 and 5729, and above at 5759 and 5768. All gaps from previous days on on the high side, there are none lower than the 23 - at da moment. DOW down .81 pct, SNP down .76 pct, and Canada (resource driven just like us) up .08 pct. VIX up 5.49 pct to 21.12 - nothing scary there. Have a nice day.