The DOW fell back from the major resistance level yesterday to end the day down 148 points and could be heading back down to the lower line of the channel. The S&P fell 21 and the NASDAQ fell 30 points. The FTSE, writes Greg Secker, 100 opened the session higher but could not breakout to new highs for the year, and fell for the rest of the session ending the day down 81 points. Futures – DOW is called up 15 points, FTSE is down 25 points. Oil is trading at $72.69 a barrel and gold at $666.2.

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