Forex Blog by Greg Secker

The DOW finished the session in a highly volatile fashion after the interest rates was left the same, closing the day down 5 points. The S&P closed flat and the NASDAQ closed up 3 points. The FTSE, writes Greg, 100 gapped higher at the open and traded sideways for the rest of the session holding on to the gains at the closed to finish the day up 43 points. Futures – DOW is called up 20 points, FTSE is called up 10 points. Oil traded above the $70 level yesterday but has fell back overnight and is now trading at $69.70, old is trading at $647.70

The DOW traded lower at the open yesterday but found support at the 13250 level where it bounced and ended the day up 90 points. The S&P added 13 points and the NASDAQ added 31 points. The FTSE, writes Greg, gapped lower at the open but found some support at 6500 where it bounced back up but still closed the day down 31 points. Futures – DOW is called up 10 points, FTSE is called up 45 points. Oil has jumped to $69.20 a barrel and gold at $644.1. 

The DOW again traded higher during the session but fell to the close to close the day down 14 points and leaving us with another high test bar. The S&P was similar closing the day down 4 points and the NASDAQ closed down 3 points. The FTSE, writes Greg, 100 gapped down at the open but rallied during the day only to fall at the close to end the day down 29 points. Futures – DOW is called down 55 points, FTSE is called down 35 points. Oil is trading at $67.70 a barrel and gold at $641.1. 

The DOW rallied higher during the session but could not hold on to the gains and fell hard to the closed to finish the day down 8 points, leaving us with a bearish high test reversal bar. The S&P had a similar day closing down 4 points and the NASDAQ down 11 points. FTSE 100 gapped lower at the open but found some support off the 50 ema to close the day up 21 points to end its five day losing streak. Futures – DOW is called up 25 points, FTSE is called down 18 points. Oil is trading at $68.90 a barrel and gold at $650.2.

The DOW traded lower at the open but found some support at the 13400 level and rallied to the close to finish the day up 56 points. The daily chart of the DOW is forming an ascending triangle, watch for a breakout of this pattern for indication of market direction. The S&P and NASDAQ both rallied form the lows of the day and at the close the S&P was up 9 points and the NASDAQ was up 17 points. The FTSE, writes Greg, 100 gapped lower at the open and continued to fall 80 points, but put in a small rally to the close to finish the day down 53 points. The FTSE, writes Greg, 250 ended the day down 180 after finding some support of the long term trend line, watch this line for a break or bounce. Futures – DOW is called down 10 points, FTSE is called up 25 points. Oil is trading at $68.60 a barrel and gold at $651.2 

The DOW failed to break through the 13700 level yesterday and ended the day falling 146 points. The S&P and NASDAQ both failed to break out to new highs and fell to the close, S&P lost 20 points and the NASDAQ lost 26 points. The FTSE, writes Greg, 100 gapped higher at the open but could not hold on to the gains and ended the day down 1 point. The FTSE, writes Greg, 250 also gapped higher but closed down 19 points. Futures – DOW is called up 20 points, FTSE is called down 25 points. Oil is trading at $69 a barrel and gold at $655.1 

The DOW failed to break through the 13700 level yesterday and ended the day falling 146 points. The S&P and NASDAQ both failed to break out to new highs and fell to the close, S&P lost 20 points and the NASDAQ lost 26 points. The FTSE, writes Greg, 100 gapped higher at the open but could not hold on to the gains and ended the day down 1 point. The FTSE, writes Greg, 250 also gapped higher but closed down 19 points. Futures – DOW is called up 20 points, FTSE is called down 25 points. Oil is trading at $69 a barrel and gold at $655.1 

All US indices traded sideways for the session as they continue to build out their consolidations at the highs. DOW closed down 26, S&P down 1 and NASDAQ closed level. FTSE 100 gapped higher at the open but fell back during the session to close down 29 points. Futures – DOW is called down 5 points, FTSE is called up 4 points. Oil is trading at $68.90 a barrel and gold at $656.1. 

The DOW opened the session with a strong push up to the 13700 resistance level where it consolidated for the rest of the session ending the day up 85 points at 13639. The S&P pushed higher at the open and ran into some resistance near to the 1540 level closing the day up 10 points. The NASDAQ had a big gap up at the open and ended the day up 27 points to close at a new 6 year high. The FTSE, writes Greg, 100 had a strong day as it broke out through the 6700 level and closed the day up 82 points at a new 6 year high. Futures – DOW is called up 15 points, FTSE is called up 5 points. Oil is trading at $68 a barrel, gold is trading at $658.3. 

The DOW had another strong day adding 71 points. The S&P added 7 points and the NASDAQ added 17. The FTSE, writes Greg, 100 gapped higher at the open and continued higher through out the day to close up 90 points. The FTSE, writes Greg, 250 also gapped higher at the open and added 211 points by the close. Futures – DOW is called up 8 points, FTSE is called up 12 points. Oil is trading at $67.60 a barrel and gold at $651.70.