Forex Blog by Greg Secker

The DOW opened solidly yesterday and held on to the gains to finish the day up 115 points, but is still within its large consolidation. The S&P added 15 points and the NASDAQ added 21 points, both trading near to the top of their consolidations, will be watching for a break or bounce. The FTSE, writes Greg, 100 added 58 points as it continues to form the large double bottom. The FTSE, writes Greg, 250 added 169 points and is near to the neck line of the double bottom. Futures – DOW is called up 15 points, FTSE is up 5 points. Oil is trading at $59.90 a barrel and gold at $654.