Forex Blog by Greg Secker

There was some good selling seen through most of the indices yesterday. The DOW closed down 129 points to test the 20 ema on its daily chart which has not seen a break since early April. The S£P 500 is much the same on its 20 ema falling 13 points to close at 1518 and the NASDAQ closed down 24 points ending the session at 2586. The FTSE, writes Greg, fell, breaking its support down 110 to close at 6522. Futures – DOW called up 7 points, FTSE called up 22. Oil is trading at $66.16 a barrel and Gold is trading at $672.7.