Forex Blog by Greg Secker

The DOW continues to build out its consolidation closing the session down 30 points, watch for a break of this consolidation for direction. The S&P closed up 1 point as it continues to consolidate under its 200 ema. The NASDAQ closed up 12 points. The FTSE, writes Greg, 100 gapped higher at the open but could not hold on to the gains during the session closing the day up 7 points. Futures – DOW is called up 20 points, FTSE is called up 5 points. Oil is trading back below the $70 level at $69.60 a barrel and gold at $656.5.