Forex Blog by Greg Secker

The DOW gapped higher at the open but failed to hold on to the gains and closed the session flat. The S&P also gapped higher but closed down 1 point and the NASDAQ closed down 11 points as it ran into a line of resistance. The FTSE, writes Greg, 100 gapped higher at the open but fell back closing the gap to finish the session flat which is a bearish signal. Futures – DOW is called down 40 points and the FTSE is called down 15 points. Oil is trading at $69.85 a barrel and gold at $659.