The Dow opened the day with early strength and broke a significant trend line at 11,550.  The Dow rallied throughout the session and eventually closed the day with a gain of 213 points at 11715
The FTSE also had a strong rally breaking above significant resistance at the 50 EMA and rallying up above 5600 level [...]

After opening quietly the DOW rallied up to highs of 11,555 before pulling back from highs to close at just over 11,500 for a gain of 90 points.
The FTSE moved higher yesterday closing the day above both 5500 and the 50 EMA at 5528.
The DOW Futures are being called down 42 and the FTSE daily [...]

The DOW traded mostly sideways throughout its session yesterday as the index built a clear range between 11340 and 11440 before closing with a gain of 27 points.
 
The FTSE was immensely bearish on the open based upon the preceding US session, before rallying strongly for the remainder of the day.  However, the rally was not [...]

The US Stock market fell sharply on Monday on renewed concerns over the health of several financial firms.  The DOW opened with a sharp decline from the 11,600 Level and never looked back as the index dropped steadily throughout the session ending the day with a loss of 242 points.
The FTSE was closed yesterday for [...]

The Dow opened with early weakness and then spent the day choppily, regaining the early lost ground to finish with a gain of just 13 points at 11,429. Today with yesterday’s movement continuing in the consolidation pattern (as seen on the 1 hour chart) roughly between 11,500 and 11,300 since the 18th, a breakout from [...]

The Dow spent the day headed further below the channel, down 130 points at 11,348 As the Housing Starts news was very slightly better than predicted, the effect was muted, however the concerns that caused Monday’s decline still weakened the overall market. With no news out state side, early weakness may set the day’s direction [...]

The Dow bottomed out of its channel around noon (British Summer Time) and finished the day a further 60 odd points down having dropped overall by 180 points this decline was led largely by the banks and Real Estate shares with a few builders thrown in for good measure as speculation grew that the Government [...]

Traders Update from the Live Trading Floor in London….The Dow opened Friday with early strength but quickly reversed from the highs, however the index still closed the day with a gain of 44 points at 11659, and continues to move within the channel seeming to have increasing difficulty with the 50 moving average after Monday’s [...]

Yesterday, notes Mr Secker, the Dow Jones index closed down at 11,642 below both the 50 moving average and the 11,700 mark. Whilst the bears had the day the channel is still in play and with retail sales reports at 1.30pm (British Summer Time) projected to move little from last month – a spot [...]

The false start of the Dow’s downtrend at the start of May took hold around the 20th and dragged the index down over two thousand points less than two months later. The apparent reversal of this trend has since faltered and initially channelled into a 800-900 point range, now this range is seeming to  be [...]