Forex Blog by Greg Secker

The DOW gapped lower at the open but turned during the session to rally to the close to finish the day up 90 points, and is still trading inside the symmetrical triangle. Watch for a break out of the pattern for the next major move. The S&P added 11 points and the NASDAQ 20 points. The FTSE, writes Greg, 100 had a big gap down at the open and traded near the lows for most of the session ending the day down 73 points. Futures – DOW is called down 5 points, FTSE is called up 45 points. Oil is trading at $100 a barrel and gold continues its up trend at $945.