Feb 08
28
Morning Call by Greg Secker
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.
