OSB Daily Technical Analysis for October 31, 2014

S&P 500 rallied towards the 2000 during trading on Thursday. Bullish momentum is on the rise and the S&P 500 is heading for new highs. Note: Bank of Japan QE announcement has caused the S&P 500 futures to make new highs during early Friday morning trading.

Dow 30 The DOW climbed 200 points on Thursday. Strong bullish momentum pushing the index higher. Bullish.

DAX 30 The DAX sold off during early trading on Thursday finding support at 8900 before rallying back up to get back in the 9150 resistance area. The index is looking bullish with higher prints imminent.

FTSE100 The FTSE rallied after selling off in the early session on Thursday. Support at 6350 and resistance at 6500. Bullish momentum on the rise.

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