SPI Futures traded in a 36 point range last night, with a high of 6130, low of 6094 and a close this morning of 6113, up/down zero points (flat), on unimpressive volume of 8,794 contracts. Based on that range, my pivot point and R and S levels are below. Two gaps on the downside at 6102 from last night and 6093 from yesterday. First upper gap is at 6164.
A red arrow appeared on the XJO daily chart twice yesterday, only to disappear later when the EMA lines uncrossed with the afternoon rise. If trading a daily chart, wait for the end of the day, or close to it - and yes, the red arrow will be back with any downward movement today. DOW down .13 pct, SNP down .47 pct and Canada (resource driven) down .17 pct. VIX up 2.66 pct to 15.07.
View attachment 1490447XJO
View attachment 1490451Today in 2017, the World's largest dinosaur footprint (at the time), measuring 1.7 metres, was found in Kimberley, Western Australia. Those dinosaurs sure knew how to make a lasting impression. The footprint, and others in the area are reported to be more than 130 million years old. Now that's impressive. Have a nice day and be quick on your feet. Footloose and fancy free, now that's the way to be.
View attachment 1490445 | Column 1 | Column 2 |
|---|
| 1 | H | 6130 |
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| 2 | L | 6094 |
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| 3 | C | 6113 |
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| 4 | R | 36 |
|---|
| 5 | R6 | 6148 |
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| 6 | R5 | 6139 |
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| 7 | R4 | 6135 |
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| 8 | R3 | 6130 |
|---|
| 9 | R2 | 6126 |
|---|
| 10 | R1 | 6121 |
|---|
| 11 | PP | 6112 |
|---|
| 12 | S1 | 6103 |
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| 13 | S2 | 6099 |
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| 14 | S3 | 6094 |
|---|
| 15 | S4 | 6090 |
|---|
| 16 | S5 | 6085 |
|---|
| 17 | S6 | 6076 |
|---|
(20min delay)
