Forex Blog by Greg Secker

The DOW closed the day down 242 points and is now approaching a major support line, watch this area closely for the next major move. The S&P and NASDAQ both fell heavily yesterday and are now approaching the key lows of the last few weeks. The FTSE, writes Greg, 100 fell 72 points after finding some resistance off the 50 ema. Futures – DOW is called down 15 points, the FTSE is called down 65 points. Oil is trading at $58.10 a barrel and gold at $640.80.