Forex Blog by Greg Secker

The DOW sold off heavily to the close yesterday ending the day down 167 points below the 13,000 level at 12861 on the 200 ema. The S&P broke its support level and closed down 19 points. The NASDAQ fell 40 points and has closed below its 200 ema. The FTSE, writes Greg, 100 gapped lower at the open but recovered during the session to close down 34 points. The FTSE, writes Greg, 250 closed down 109 points. Futures – the DOW is called down 55 points, FTSE is called down 125 points. Oil is trading at $72.70 a barrel and gold at $665.