Friday, 2 May 2008
Morning Call by Traders University
After a small drop at the open the DOW turned around and rallied for the rest of the session ending the day up 189 points and above the 13,000 level. The S&P added 23 points closing above the 1400 level and 200 ema, the NASDAQ surged through the 200 ema closing the day up 67 points. The FTSE 100 had another sideways session ending the day flat and still below the 6100 level. Futures - DOW is called flat, FTSE is called up 30 points. Oil is trading at $111.90 a barrel and gold at $852.60.
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