The DOW put in a late rally to push up through the resistance line at 12350 to close the day up 159 points at 12447 and is now back above the 50 ema. The S&P also broke out of its consolidation and added 24 points at the close. The NASDAQ jumped 47 points to close at 2455 and above all moving averages. The FTSE, writes Greg Secker, 100 added 30 points and closed at 6256 above the 50 ema. The FTSE, writes Greg Secker, 250 added 20 points to close near the all time highs. Futures – Dow is called down 20 points, FTSE is called up 75 points. Oil is trading at $60 a barrel and gold at $664. 

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