Thursday April 18 - Walk / Don't walk day

SPI Futures traded in a very small 16 point range last night, with a high of 6252, low of 6236 and a close this morning of 6245, up 6 points, on - yes, you guessed it, low volume of 6,873 contracts. I've put my pivot point and R and S levels below, but I am pretty sure they will be breached today due to last night's small range.  Gaps from last night are up at 6250 and down at 6240 and from previous days up at 6281 and down at 6201, 6191, 6188, 6186, 6184, 6182, 6174, 6171 and 6156. Yes, a long list. Just a matter of time. DOW down .01 pct, SNP down .23 pct and Canada (resource driven) up .25 pct. VIX up 3.45 pct to 12.60. Two days in a row now, XJO has followed what Canada did, not the US and is the only reason I mention them. Will today be different ? Easter is upon us - again - so today is kind of like a Friday, the anything can happen day.



Today in 1955, the first "Walk"/"Don't Walk" lighted street signals were installed on 7th Avenue in Manhattan and have been confusing pedestrians every since. If only we could get one of those installed in the trading room that says "Trade" / "Don't Trade" - Now that would be money well spent. Have a nice day, and a great Easter.

	Column 1	Column 2
1	H	6252
2	L	6236
3	C	6245
4	R	16
5	R6	6260
6	R5	6256
7	R4	6254
8	R3	6252
9	R2	6250
10	R1	6248
11	PP	6244
12	S1	6240
13	S2	6238
14	S3	6236
15	S4	6234
16	S5	6232
17	S6	6228