SPI Futures traded in a 108 point range last night with a high of 5674, low of 5566 and a close of 5587, down 85 points on high rollover volume of 38,536 contracts. Based on that range, my resistance lines are 5717, 5690, 5676, 5663, 5650 and 5636, with the pivot point at 5609 and support lines at 5582, 5568, 5555, 5542, 5528 and 5501. March expiration closed at 5523 down 92 points on high rollover volume of 26,933 contracts. Gaps from last night up at 5668 (where the red arrow formed) 5624 and 5590 and down at 5570. DOW down 2.11 pct, SNP down 2.08 pct and Canada (resource driven) down 1.59 pct. VIX up 13.36 pct to 24.52 - she's starting to get up there.. Have a nice day.
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SPI Futures traded in a 108 point range last night :confused:...
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