Archive for March, 2007

Greg Secker Blog Post

March 30, 2007

The DOW ended the day with a small rally to close up 48 points at 12348. The S&P also rallied to the close to finish up 5 points at 1422. The NASDAQ rallied at the end of the day from its lows to close the day flat to give us a lower test bar for [...]

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Morning Call by Greg Secker

March 29, 2007

The DOW closed the day down 96 points, below the support line at 12350. The S&P fell 12 points and is now sat on its 50 ema. The NASDAQ closed down 20 points and below the 20 ema. The FTSE, writes Greg Secker, 100 fell 25 points as it pulls back to the 50 ema. [...]

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Morning Call by Greg Secker

March 28, 2007

The DOW closed down 71 points after weaker than expected consumer confidence figures, watch 12350 for break or bounce off this support level. The S&P and NASDAQ both sold off after the news but are still consolidating in their ranges, watch for a break of these ranges for the next directional move. The FTSE, writes [...]

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Morning Call by Greg Secker

March 27, 2007

The DOW closed the day down 12 points as the index recovered from the losses earlier in the day. The S&P and NASDAQ had a similar day, S&P closed up 1 and NASDAQ up 6 both have low test reversal bars from yesterday. The FTSE, writes Greg Secker, 100 closed the day down 47 points [...]

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Morning Call by Greg Secker

March 26, 2007

The DOW closed up 19 points on Friday as it continues to consolidate at the highs in its latest move. The S&P and NASDAQ each traded sideways on Friday and continue to consolidate in their ranges. The FTSE, writes Greg Secker, 100 added 21 points to its current up surge to give it 7 days [...]

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Morning Call by Greg Secker

March 23, 2007

The DOW traded sideways ending up 14 points and is building out a consolidation at the highs, watch this range for a breakout for the next major move. The S&P and NASDAQ each held on to their gains from Wednesday and also building a consolidation pattern at the highs. The S&P closed flat and the [...]

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Morning Call by Greg Secker

March 22, 2007

The DOW put in a late rally to push up through the resistance line at 12350 to close the day up 159 points at 12447 and is now back above the 50 ema. The S&P also broke out of its consolidation and added 24 points at the close. The NASDAQ jumped 47 points to close [...]

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Morning Call by Greg Secker

March 21, 2007

The DOW closed the day near the highs up 61 points closing in on the resistance level at 12350, watch this level for a break or bounce. The S&P closed up 8 points and is at the resistance level, the NASDAQ added 13 and also closed near to the resistance level. The FTSE, writes Greg [...]

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Morning Call by Greg Secker

March 20, 2007

The DOW opened solidly yesterday and held on to the gains to finish the day up 115 points, but is still within its large consolidation. The S&P added 15 points and the NASDAQ added 21 points, both trading near to the top of their consolidations, will be watching for a break or bounce. The FTSE, [...]

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Morning Call by Greg Secker

March 19, 2007

The DOW closed Friday down 49 points, as it continues to build out its consolidation. The S&P closed down 5 points and the NASDAQ closed down 6 points as they both still trade within their current consolidation ranges. The FTSE, writes Greg Secker, had a less volatile day on Friday closing down 2 points as [...]

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