Forex Blog by Greg Secker

The DOW traded sideways on Friday as it builds out its consolidation above the 12100 level, ending the session down 64 points. The S&P closed down 5 points and the NASDAQ closed up 11 points. The FTSE, writes Greg, 100 gapped higher at the open but traded lower during the session before putting in a rally to close the session up 60 points. Futures – DOW is called down 20 points, FTSE is called down 45 points. Oil is trading at $92.00 a barrel and gold at $926.40. 

The DOW tried to trade higher in early trading but soon turned to end the day down 65 points. The S&P fell 10 points and NASDAQ fell 30 points. The FTSE, writes Greg, 100 traded sideways for most of the day ending up 7 points. Futures – DOW is called up 15 points, FTSE is called down 20 points. Oil is trading at $86.95 a barrel and gold at $909.70. Midday today we have the Bank of England’s latest interest rate decision and at 12:45 the ECB will be announcing the interest rate decision. 

 

The DOW fell at the open and traded lower during the session to end the day down 370 points. The S&P closed down 44 points and NASDAQ fell 73 points. The FTSE, writes Greg, traded lower during the session and closed down 158 points. Futures – DOW is called up 50 points, FTSE is called down 35 points. Oil is trading at $87.90 a barrel and gold at $895.70. 

The DOW traded higher during the session on Friday closing the day up 92 points and is now sat just ender the old neck line of the head and shoulders pattern which it broke some weeks ago, watch this level for a break or bounce. The S&P added 16 points and the NASDAQ added 23 points. The FTSE, writes Greg, 100 gapped higher at the open ending the day up 149 points. The FTSE, writes Greg, 250 added 304 points but has run into the 50 ema, watch this area for a break or a bounce. Futures – DOW is called up 25 points, FTSE is called up 35 points. Oil is trading at $88.93 a barrel and gold at $913.80.