Morning Call..

The DOW closed Friday down 38 points, we have had a steady pull back from all time highs to the 20 ema watch for a break or bounce from this level. The S&P and NASDAQ both traded lower on Friday but continue to hold above near term support. The FTSE, writes Greg Secker, 100 tested the lows and found support on the 20 ema and rallied to the close to finish up 20 points. Futures – DOW is called up 15 points, FTSE is called up 12 points. Oil is trading at $61.30 and gold at $685.50

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