Forex Blog by Greg Secker

After the breakout yesterday the DOW consolidated falling back 40 points but still above the 14,000 level. The S&P closed level, the NASDAQ up 6 points. The FTSE, writes Greg, 100 gapped higher at the open to break out of its consolidation but could not hold on to its gains closing the session down 5 points back at the 6500 level. The FTSE, writes Greg, 250 gapped higher at the open and held on to the gains to close up 150 points and back above the 50 and 200 ema’s. Futures – DOW is called down 15 points, FTSE is called up 8 points. Oil is trading at $80.25 a barrel and gold at $734.5.