Forex Blog by Greg Secker

The DOW fell at the open but rallied in late afternoon trading to close the session up 27 points leaving a low test reversal bar for Friday. With a double top forming on the DOW, watch for a break or bounce from the 13400 level. The S&P also rallied from the lows to close the session up 1 point. The NASDAQ gapped higher at the open but fell back during the session then rallied to the close to finish the session up 15 points. The FTSE, writes Greg, 100 gapped lower at the open but did find some support around the 6500 level and 50 ema to close the session down 55 points. Futures – DOW is called down 40 points, FTSE is called down 30 points. Oil is trading at $95.00 a barrel and gold at $805.20.