XJO 0.67% 8,150.0 s&p/asx 200

If you use less stuff, eventually the stuff becomes useless. SPI...

  1. 10,740 Posts.
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    If you use less stuff, eventually the stuff becomes useless. SPI futures used less stuff last night, putting in a 24 point range, high being 5952, low being 5928, with a close this morning of 5933, up 4 points, on better than lately volume of 8,469 contracts. These low range nights are becoming the norm. US up a bit, S&P 500 up .16 pct and the VIX also up .20 pct to 10.2 - all becoming a wee bit familiar ? Based on last nights move, my high resistance line is 5962, low support line is 5914, with the pivot point at 5938. A couple of gaps left on the high side from last night, being 5951 and 5946, and the one down the bottom at 08 from the previous day, and of course, 5867 still beckons... It's only a matter of time. Have a nice day.

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