Greg Secker – Global Market Update

The DOW fell at the open and traded lower for most of the session ending the day down 112 points. The S&P fell back 12 points and the NASDAQ closed down 22 points. The FTSE, writes Greg Secker, 100 closed down 110 points and has fallen back to the up trend line from 22nd Jan, watch this level for a break or bounce. Futures – DOW is called down 55 points, FTSE is called down 20 points. Oil has traded at new all time highs and is currently trading at $102.70, gold has also traded at a new all time highs and is currently trading at $974.10. 

The DOW ended the session with a small 9 point gain as it looks to build out a consolidation at the highs after the recent push higher, watch the 12800 level which has provided some support and resistance over the last few months. The S&P closed down 1 point as it consolidates below the 50 ema, the NASDAQ added 8 points. The FTSE, writes Greg Secker, 100 fell back to the 6000 level before rallying to the close to finish the session down 10 points. Futures – DOW is called down 45 points, FTSE is called down 30 points. Oil has pulled back from the all time highs and is trading at $99.46, gold is trading at $958.10. 

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 Secker, 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. 

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 Secker, 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. 

The DOW traded lower during the session as it broke down through the symmetrical triangle but put in a major rally in the last 30 mins of trading to finish the session up 96 points. The S&P added 10 points and the NASDAQ added 3 points. The FTSE, writes Greg Secker, 100 gapped lower at the open, during the session it tried to rally but failed in afternoon trading closing the session down 43 points. Futures – DOW is called up 25 points, FTSE is called up 70 points. Oil is trading at $99.56 a barrel and gold at $951.40. 

The DOW gapped higher at the open but ran into the resistance line of the large symmetrical triangle and fell back for the rest of the session ending the day down 10 points. The S&P closed down 1 point and the NASDAQ fell 15 points. The FTSE, writes Greg Secker, 100 gapped lower at the open but rallied during the session to run into the 50 ema and the support/resistance line at 6030, watch this level for a break or bounce. Futures – DOW is called down 20 points, FTSE is called down 50 points. Oil hit a new record high above the $100 a barrel level yesterday and is currently trading at $99.26 a barrel, gold is trading at $928.90. 

The US markets was closed on Monday for Presidents day. The FTSE, writes Greg Secker, 100 gapped higher at the open and continued to trade higher throughout the session closing the day up 159 points. The FTSE, writes Greg Secker, 250 added 186 points, it is trading below the 50 ema and down trend line, watch this area for a break or bounce. Futures – DOW is called up 100 points from Fridays close, FTSE is called down 35 points. Oil is trading at $96.29 a barrel and gold at $913.20. 

The DOW traded lower for the whole session yesterday end down 175 points as it carries on trading in side the large symmetrical triangle. The S&P fell 18 points, the NASDAQ closed down 41 points. The FTSE, writes Greg Secker, 100 gapped higher at the open but could not hold on to gains as it fell back during the session to close down 1 point. Futures – DOW is called up 40 points, FTSE is called down 10 points. Oil is trading at $95.14 a barrel and gold at $913.80 

The DOW pushed higher at the open but did turn later in the session ending the day up 133 points. The S&P closed up 9 points, the NASDAQ gapped higher at the open but fell back to finish the day flat. The FTSE, writes Greg Secker, 100 gapped higher at the open, where it turned and fell back to close the gap before it rallied to the close ending the session up 202 points and on the 20 ema. Futures – DOW is called down 45 points, FTSE is called down 60 points. Oil is trading at $92.61 a barrel and gold at $906.50. 

The DOW continues to hold at the 12100 level ending the session up 57 points. The S&P added 7 points and the NASDAQ added 15 points. The FTSE, writes Greg Secker, 100 fell 76 points in the session closing near to the current 5700 support level. Futures – DOW is called up 5 points, FTSE 100 is called up 35 points. Oil is trading at $93.22 a barrel and gold at $926.50.