Forex Blog by Greg Secker

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.