Why does the market for SPI futures seem quiet today?

[jj1929]

Is it quite today?
Is it because of Japan holiday?
Is it because of Thanksgiving day for US?

 

[tech/a]

No lead.

Is it because of Thanksgiving day for US?

 

[professor_frink]

I've moved this into the derivatives section.

Is it quite today?
Is it because of Japan holiday?
Is it because of Thanksgiving day for US?

I'd say the volume was a bit lower in the opening period today because of exactly that. Despite the volume being lower, there was still a nice move down this morning. Wouldn't surprise me if that is as good as it gets today, especially being a friday.

 

[Boggo]

If it drops to around the 6350 area there could be a 15 to 20 point run up in it on the bounce... thats probably expecting a bit much today though.

Mike

 

[Boggo]

If it drops to around the 6350 area there could be a 15 to 20 point run up in it on the bounce... thats probably expecting a bit much today though.

Mike

Close, 6346 and then up to 6363, may finish the day between 6340 and 6345.

My

 

[Trader Paul]

Hi folks,

No lead from Wall St and the eve of big event in OZ (election) ... many
traders will be waiting for the election outcome to decide, which shares
to trade, gooing forward .....

Price action on these days will often result in a doji candle ... open price
being similar to the close.

have a great weekend

paul



=====

 

[Boggo]

Close, 6346 and then up to 6363, may finish the day between 6340 and 6345.

My

Looking for 6365 to 6370 now on current pattern.

My anended

 

[Boggo]

Looking for 6365 to 6370 now on current pattern.

My amended

It just hit 6370 twice, where to now ???, volatility time from here on.

 

[Boggo]

Thats me done for today...