Forex Blog by Greg Secker

The Dow opened the day with early strength and broke a significant trend line at 11,550.  The Dow rallied throughout the session and eventually closed the day with a gain of 213 points at 11715 

The FTSE also had a strong rally breaking above significant resistance at the 50 EMA and rallying up above 5600 level before sliding back to close a just over at 5601. 

 

The DOW Futures are being called down 35 and the FTSE daily future is being called down 24 points. Crude Oil is trading at 116.97 dollars a barrel and Gold is trading at 840.7 dollars a troy ounce.