Monday, 28 April 2008

Morning Call by Traders University

The DOW closed Friday at the highs of the session up 42 points on the day. The S&P 500 closed up 9 points but still below the 1400 level, while the NASDAQ closed down 6 points. The FTSE 100 opened higher and traded sideways for the rest of the session ending up 40 points just under the 6100 level and 200 ema. Futures - DOW is called down 10 points, FTSE is called up 35 points. Oil has traded at new record highs overnight and is currently trading at $119.37 a barrel and gold at $895.30.

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