Greg Secker – Global Market Update

The DOW closed up 32 points, S&P up 8 points and teh NASDAQ up 7 points. The indices continue to hold within their consolidation ranges, waiting for a breakout from these ranges for direction. FTSE 100 closed up 2 points and FTSE 250 up 26, both consolidating building for the next big move. Futures – DOW is called up 5 points, FTE is called down 5 points. Oil is trading at $56.50 a barrel and gold at $645.30

The DOW closed Friday down 15 points after finding some support during the day and rallied to the close. The S&P also found some support and closed the day only down 1 point. The NASDAQ found some support ont he 50 ema during the day and closed up 1 point. The FTSE, writes Greg Secker, 100 fell 41 points on Friday back to its 20 ema and near to its short term trend line, watch this area for a break or bounce. Futures – DOW called down 10 points, FTSE called up 10 points. Oil is trading at $55.80 and gold at $645.30

The DOW closed the day up 88 points and setting a new all time high at 12621. The S&P added 12 points and closed at a new 5 year high at 1440. The NASDAQ added 34 points. The FTSE, writes Greg Secker, 100 added 87 points yesterday but found some resistance around the 6320 level, watch this level for a break or bounce. Futures – DOW is called down 5 points and FTSE is called flat. Oil is trading at $55.00 a barrel and gold at $646.4

The DOW closed the day up 4 points, the S&P down 1 point and the NASDAQ up 5 points, alltrading back and forth troughout the day. A break from their current consolidation ranges could offer nice direction. The FTSE, writes Greg Secker, 100 closed the day up 12 points after finding some support on the short term trend line. While the FTSE 250 closed down 14 points and looks to be currently trading sideways, watch for a clear break from this range for the next direction. – Futures, DOW is called flat and FTSE is called down 10. Oil is trading at $54 a barrel and gold at $643