XJO 0.59% 6,687.4 s&p/asx 200

Monday Feb 25 - Letter N day

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    SPI Futures traded in a 27 point range Friday night, with a high of 5146, low of 6110 and a close on Saturday morning of 6138, up 12 points on volume of 10,321 contracts. Based on that range, my pivot point and R and S levels are below. Gaps up at 6145 and down at 33, 31, 30, 28, 26 (a 2 pointer) and 23 from Friday night and then the first of the previous days gaps at 75. DOW up .70 pct, SNP up .64 pct and Canada (resource driven) up less a .08 pct. VIX down 9.39 pct to 13.51 a fair bit below what seems to be the new happy level, 15.

    US-Trade talk 'hopium' helped push the US markets up, and speaking of Chia, on this day in 2018, China briefly banned the letter 'N' as part of widespread censorship efforts, but don't worry as there is no N in the word Tariff and they also banned Winnie the Pooh. Try spelling Winnie without an N. Have a ice day.. I'm off for my hopium shot after the 2 pointer gap fills..

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    Column 1 Column 2
    0 H 6146
    1 L 6119
    2 C 6138
    3 R 27
    4 R6 6161
    5 R5 6155
    6 R4 6151
    7 R3 6148
    8 R2 6145
    9 R1 6141
    10 PP 6134
    11 S1 6128
    12 S2 6124
    13 S3 6121
    14 S4 6118
    15 S5 6114
    16 S6 6107
 
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