Forex Blog by Greg Secker

The DOW surged higher at the open breaking out through the upper trend line and the 13,000 level, ending the session up 331 points. The S&P has found support on its long term up trend line, added 40 points in the session, as it also broke out of its upper trend line. The NASDAQ gapped higher and added 82 points at the close. The FTSE, writes Greg, 100 added 165 points as it closed above the current trend line and is forming a double bottom. Futures – DOW is called down 20 points, FTSE is called up 25 points. Oil is trading at $92.20 a barrel and gold at $813.40.