SPI Futures traded in a 38 point range last night, with a high of 6138, low of 6100 (nice round number) and a close this morning of 6125, up 10 points on low volume of 9,256 contracts. Based on that range, my pivot point and R and S levels are below. A ten point green 5 minute closing bar took out two gaps, leaving gaps below at 6114 from last night and 6095 and 6091 from a previous day. First upper gap is 6164 from a previous day. DOW up .55 pct, SNP up .72 pct and Canada (resource driven) up .56 pct. VIX down 10.10 pct to 14.68. Oil and Technology apparently driving US markets. US-China talks to begin tomorrow - again. XJO daily EMA crossover close yesterday, but no cigar - yet.
Today in 1964, the first true Pirate Radio station, Radio Caroline began broadcasting from a ship off the English Essex coast. By 1967, ten pirate radio stations were broadcasting to an estimated daily audience of 10 to 15 million. They played a lot of 'Arrrrrrrrrrr 'n' b' Have a nice day.
Column 1 Column 2 0 H 6138 1 L 6100 2 C 6125 3 R 38 4 R6 6159 5 R5 6150 6 R4 6144 7 R3 6140 8 R2 6136 9 R1 6131 10 PP 6121 11 S1 6112 12 S2 6106 13 S3 6102 14 S4 6098 15 S5 6093 16 S6 6083
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