Forex Blog by Greg Secker

The DOW traded lower at the open falling down to the 12,000 area where it found some support to rally into the close ending the session down 45 points, watch the 12,000 level for a break or bounce. The S&P fell at the open but the rally lifted the S&P to close down 4 points at the close, The NASDAQ rallied from the session lows to end the day up 1 point. The FTSE, writes Greg, 100 gapped higher at the open but soon turned to close the gap and trade lower for the rest of the session ending the day down 50 points. Futures – DOW is called down 5 points, FTSE is called up 15 points. Oil has pulled back from the highs and is trading at $99.72 a barrel, gold is trading at $966.40.