Forex Blog by Greg Secker

The DOW traded higher at the open and pushed on through the 13,400 level but could not hold onto the gains, as it fell back from the highs closing the session up 60 points but below the 13,400 level. Watch this level for a break or bounce this week. The S&P added 11, but after gapping higher at the open the NASDAQ fell back to close down 7 points. The FTSE, writes Greg, 100 pushed higher all day up through the 50 and 200 ema’s closing the session up 83 points and above the 6,400 level. Futures – DOW is called down 20 points, FTSE is called flat. Oil is trading at $89.58 a barrel and gold at $796.80.