Forex Blog by Greg Secker

The DOW pushed higher during the session and closed the day up 189 points, closing just below the 50 ema. The S&P pushed higher trying to breakout to the upside of the symmetrical triangle ending the session up 18 points. The NASDAQ added 24 points. The FTSE, writes Greg, 100 had a big gap higher at the open but did drift back during the session before putting in a rally to the close to end the day below the 50 ema and 6030 resistance line, watch this level for a break or bounce. Futures – DOW is called down 35 points, FTSE is called up 18 points. Oil is trading at $98.93 a barrel and gold at $935.