Forex Blog by Greg Secker

The DOW gapped lower at the open and kept falling, through all support levels, all day to the close, ending the session down 360 points. The DOW has now broken the neck line of the double top. The S&P dropped 44 points yesterday ending the day sat on the 200 ema. The NASDAQ fell 76 points. The FTSE, writes Greg, 100 fell 90 points closing below the 6400 level and 200 ema. Futures – DOW is called down 60 points, FTSE is called down 85 points. Oil has pulled back from the highs and is trading at $95.90 a barrel and gold at $835.70. – UK interest rate decision due out today at 12:00.