Forex Blog by Greg Secker

The DOW traded lower on Friday closing the session down 223 points and below the 200 ema. The S&P fell 21 points and the NASDAQ closed down 86 points. The FTSE, writes Greg, 100 traded higher at the open but soon started to fall off closing the session down 77 points and below the 200 ema. There was also big falls overnight in Asia with the HANG SENG falling over 1000 points, 3.50% – Futures, DOW is called down 45 points, FTSE is called down 25 points. Oil is trading at $95 a barrel and gold at $818.40.