Forex Blog by Greg Secker

The DOW sold off during the session finishing the day down 77 points. The S&P closed down 10 points. After gapping lower at the open the NASDAQ rallied up into positive territory, but did sell of at the close finishing the day flat. The FTSE, writes Greg, 100 gapped lower at the open and traded lower for the rest of the session closing down 47 points. Futures – DOW is called up 25, FTSE is called up 5 points. Oil has pulled back below $90 and is currently trading at $89.60 a barrel and gold at $786.40 – Remember to watch out for the US FED interest rate decision, at 19:15 UK time, where a 0.25% base rate cut is expected. 

The DOW pushed higher from the open but did run into some resistance at the 13900 level, closing the session up 63 points. The S&P added 5 points and the NASDAQ closed up 13 points. The FTSE, writes Greg, 100 gapped higher at the open but could not hold on to the gains falling back during the session. There was a small rally into the close ending the session up 44 points. Futures – DOW is called down 40 points, FTSE is called down 20 points. Oil has pulled back from the highs and is trading at $92.80 a barrel and gold at $786.90. 

The DOW traded higher during the session adding 134 points and closing above the two week down trend line. The S&P gapped higher and closed the session adding 20 points, above the trend line and all moving averages. The NASDAQ had a major gap higher at the open but did pull back during the session, but still managed to add 53 points on the day and closed above the 2800 level. The FTSE, writes Greg, 100 continues its push back up to the resistance level adding 85 points on Friday. Futures – DOW is called up 45 points, FTSE is called up 60 points. Oil is trading at new all time highs at $93 a barrel and gold is at a 20 year high at $796.40. 

The DOW traded the session back and forth and ended the day down 3 points. The S&P also traded back and forth closing down 1 point, but the NASDAQ closed down 34 points. The FTSE, writes Greg, 100 gapped higher at the open and continued to push higher during the session closing up 94 points. The FTSE, writes Greg, 250 added 202 points. Futures – DOW is called up 45 points, FTSE is called up 15 points. Oil has climbed back up to new record highs and is trading at $91.46 a barrel, gold is trading at $779.80. 

The DOW gapped lower at the open and traded down to the 13500 level where it found some support late in the session to rally to the close to finish the session down 1 point. The S&P also put in a late rally to close the session down 3 points. The NASDAQ gapped lower and traded lower till the late rally but still closed down 24 points. The FTSE, writes Greg, 100 traded high at the open but fell with the American markets in the afternoon closing down 32 points finding some support at the 50 ema. Futures – DOW is called down 20 points, FTSE is called up 50 points. Oil is trading at $86.88 a barrel and gold at $765.50. 

The DOW continued is rally from the recent drop to close the session up 109 points just under the 50 ema. The S&P added 13 points and the NASDAQ was the biggest % gainer adding 45 points and closing just under the 2800 level. The FTSE, writes Greg, 100 gapped up at the open and traded higher during the session but did fall back from the highs in late afternoon trading to close the session up 54 points. The FTSE, writes Greg, 250 added 181 points. Futures – DOW is called down 65 points, FTSE is called up 10 points. Oil is trading at $85.10 a barrel and gold at $761.60.

The DOW fell at the open, but found support around the 13400 level which is also the 50% fib retracement level of the recent rally since min August, and rallied to the close to finish the session up 45 points. The S&P added 5 points and the NASDAQ added 28 points. The FTSE, writes Greg, 100 had a big gap lower at the open but tried to trade higher during the session to close down 68 points. The FTSE, writes Greg, 250 gapped below the moving averages and closed the session down 121 points. Futures – DOW is called up 30 points and the FTSE is called up 60 points. Oil is trading at $85.85 a barrel and gold at $760.80. 

The DOW had a relatively quiet session yesterday ending the day down 3 points, we have a low test reversal bar off the up trend line, watch this line for a break or bounce. The S&P traded around the 20 ema closing the session down 1 point. The NASDAQ gapped lower at the open but rallied during the session to close up 6 points. The FTSE, writes Greg, 100 gapped higher at the open but pulled back with the news out yesterday from Bank of America causing the FTSE 100 to close down 68 points. The chart looks to have formed a lower high below the 6750 resistance level which is a bearish signal. Futures – DOW is called down 80 points, FTSE called down 25 points. Oil jumps to over $90 a barrel and is currently trading at $89.50 a barrel and gold at $772.90. 

The DOW traded higher at the open but then started to sell off and was down by 130 points during the session but found support off the trend line to push higher to the close to end the session down 20 points. The S&P traded similar and closed the session up 2 points. The NASDAQ gapped higher at the open but gave back all of the gains during the session before it rallied to the close to finish the day up 28 points. The FTSE, writes Greg, 100 gaped lower at the open but soon filled the gap and traded higher to the close finishing the session up 63 points. Futures – DOW is called up 20 points, FTSE is called up 15 points. Oil is trading at $87.45 a barrel and gold at $759. 

 

The DOW continues its pull back from the highs and ended the session down 71 points. The S&P fell 10 points back to the 20 ema. The NASDAQ closed down 16 points. The FTSE, writes Greg, 100 fell at the open and traded sideways for the rest of the session closing down 30 points. Futures – DOW is called up 20 points, FTSE is called level. Oil is trading at record highs again at $87.00 a barrel and gold at $756.5.