The DOW has found resistance off the down trend line and 50 ema and is clearly forming lower highs in its current down trend as consumer confidence falls and the sub prime worries continues, causing the DOW to close down 280 points. The S&P closed down 34 points and the NASDAQ down 60 points. The [...]

The DOW gapped higher at the open but failed to hold on to the gains and closed the session flat. The S&P also gapped higher but closed down 1 point and the NASDAQ closed down 11 points as it ran into a line of resistance. The FTSE, writes Greg Secker, 100 gapped higher at the [...]

The DOW opened the day higher but seemed unsure about itself until the last hour of the session to close up 145 points. Watch 13400 for a possible break or bounce. The S&P 500 traded similar to the DOW throughout the day closing up 16 points and right on its short term down trend line. [...]

The DOW continues to build out its consolidation closing the session down 30 points, watch for a break of this consolidation for direction. The S&P closed up 1 point as it continues to consolidate under its 200 ema. The NASDAQ closed up 12 points. The FTSE, writes Greg Secker, 100 gapped higher at the open [...]

The DOW had a quiet trading session yesterday as it consolidates at the highs of its recent move finishing the day up 42 points. The S&P 500 is consolidating below its 200 ema and finished the session flat. The NASDAQ closed up 3 points. The FTSE, writes Greg Secker, 100 traded higher in the morning [...]

The DOW had a major gap higher at the open on Friday after the FED reduced the US discount rate from 6.25% to 5.75%, the DOW managed to hold on to its gain and closed up 233 points. The S&P added 34 points and the NASDAQ added 53 points. After trading lower for the morning [...]

The DOW fell at the start of the trading session yesterday and at one point was down 325 points near to the 12,400 target level for the head and shoulders pattern, but buyers came back in looking for bargains and pushed the index back up to the close and finished the day down 15 points. [...]

The DOW sold off heavily to the close yesterday ending the day down 167 points below the 13,000 level at 12861 on the 200 ema. The S&P broke its support level and closed down 19 points. The NASDAQ fell 40 points and has closed below its 200 ema. The FTSE, writes Greg Secker, 100 gapped [...]

The DOW closed the session down 208 points at 13028 which is below the neck line of the large head and shoulders, which is highly bearish. Based on this pattern we could be looking at a decline of some 600 points over the next few weeks, watch the 13,000 level as this could provide some [...]

The DOW had a relatively quiet trading day yesterday with low volatility and ended the session down 3 points. The S&P closed flat and the NASDAQ closed down 2 points. The FTSE, writes Greg Secker, 100 gapped higher at the open after the big sell off on Friday and closed the session up 180 points. [...]