Wednesday June 26 - Locked and Loaded

SPI Futures traded in a 47 point range last night, with a high of 6602, low of 6555, and a close this morning at 6558, down 36 points on low volume of 6,934 contracts. Based on that range, my pivot point and R and S levels are below. The gap at 82 left from the close of the day session filled, leaving gaps from last night up at 6575, 6574, 6566 and 6561, and down at 6557 and 6555 After that, it's 6541. Red Monkey had the ball from 11:30 pm. Hopes fade for rate cut and trade talk progress. DOW down .67 pct, SNP down .95 pct and Canada (resource driven) down .92 pct. VIX up 6.68 pct to 16.28.



Today in 2016, Panama Canal's third set of locks opened for commercial traffic, doubling the Canal’s capacity at an estimated cost of $5.25 billion USD. I guess you can call that locked and loaded, or, as Mister Trump would say, cocked and loaded.

	Column 1	Column 2
1	H	6602
2	L	6555
3	C	6558
4	R	47
5	R6	6619
6	R5	6607
7	R4	6601
8	R3	6595
9	R2	6590
10	R1	6583
11	PP	6572
12	S1	6560
13	S2	6554
14	S3	6548
15	S4	6543
16	S5	6536
17	S6	6525