Forex Blog by Greg Secker

The DOW fell at the open down through its support level where it found some support on the 200 ema, it then rallied to the close finishing up 57 points. The S&P had a similar day closing up 9 points and the NASDAQ closed up 21. The FTSE, writes Greg, 100 gapped lower at the open and ended the day down 160 points closing on the long term trend line and the key 6000 level. Futures – DOW is called up 35 points and FTSE is called up 90 points. Oil is trading at $58.50 a barrel and gold at $628.50. With current market volatility trade with extreme caution.