Forex Blog by Greg Secker

The DOW traded sideways waiting for the interest rate decision, after which it rallied up through the 12500 level but fell back to close the session down 37 points. The S&P closed down 6 points and the NASDAQ fell 9 points. The FTSE, writes Greg, 100 fell at the open and traded the rest of the session in a tight range, ending the session down 47 points. Futures – DOW is called down 40 points, FTSE is called down 25 points. Oil is trading at $91.24 a barrel and gold at $931.70. 

The DOW pushed higher during the session but ran into the 12500 level which has been a major line of support and resistance over the last 12 months, ending the day up 96 points. The S&P added 8 points and the NASDAQ added 8 points. The FTSE, writes Greg, 100 opened higher and held on to the gains during the day to end the session up 96 points. Futures – DOW is called down 60 points, FTSE is called down 35 points. Oil is trading at $92.90 a barrel and gold at $927.30. All eyes will be on the US FOMC meeting tonight to see if they will cut interest rates, decision will be out at 19:15.

The DOW fell at the open but rallied during the session on hopes of further interest rate cuts on Wednesday, ending the session up 176 points. The S&P added 23 points and the NASDAQ closed up 23 points. The FTSE, writes Greg, 100 gapped lower at the open and traded lower for most of the session before putting in a rally to the close ending the session down 80 points. Futures – DOW is called down 20 points, FTSE is called up 45 points. Oil is trading at $90.86 a barrel and gold is setting new highs at $933.50. 

The DOW gapped higher at the open but soon turned to end the session down 171 points. The S&P fell 21 points and the NASDAQ closed down 34 points. The FTSE, writes Greg, 100 gapped higher at the open but turned in the afternoon to close the gap and end the session down 6 points. Futures – DOW is called down 80 points and FTSE down 115 points. Oil is trading at $89.95 a barrel and gold at 918.30. Capital preservation is our main aim during these volatile times and we will be waiting for trading opportunities to come our way. 

The DOW continues on with its recovery from the lows ending the session up 108 points. The S&P and NASDAQ also continued its move higher finishing the day up 13 points for the S&P and 14 points for the NASDAQ. The FTSE, writes Greg, 100 put in ones of its biggest up days for 5 years as it played catch up to the US markets, gapping up at the open and closing the session up 266 points. Futures – DOW is called up 65 points, FTSE is called up 70 points. Oil is trading at $89.91 and gold at $913.10. 

The DOW fell at the open down to the 11645 lows of the previous day before a later rally lifted the market by 600 points, closing the session up 299 points. The S&P ended up 28 points and the NASDAQ finished up 24 points. The FTSE, writes Greg, 100 gapped higher at the open but turned to trade lower for the rest of the session ending the day down 130 points. Futures – DOW is called up 20 points, FTSE is called up 155 points. Oil is trading at $87.72 a barrel and gold at $890.90. 

The DOW fell at the open down to the 11645 lows of the previous day before a later rally lifted the market by 600 points, closing the session up 299 points. The S&P ended up 28 points and the NASDAQ finished up 24 points. The FTSE, writes Greg, 100 gapped higher at the open but turned to trade lower for the rest of the session ending the day down 130 points. Futures – DOW is called up 20 points, FTSE is called up 155 points. Oil is trading at $87.72 a barrel and gold at $890.90. 

The DOW gapped higher at the open on Friday but quickly turned falling down near to the 12,000 level, ending the session down 60 points. The S&P and NASDAQ both turned during the session to end the day down 8 points for the S&P and down 6 points for the NASDAQ. The FTSE, writes Greg, 100 had another volatile trading session rallying over 100 points before turning to close the session flat. Futures – DOW is called down 140 points, FTSE is called down 75 points. Oil is trading at $90.68 a barrel and gold at $880.80.