The DOW had a relatively quiet session yesterday ending the day down 3 points, we have a low test reversal bar off the up trend line, watch this line for a break or bounce. The S&P traded around the 20 ema closing the session down 1 point. The NASDAQ gapped lower at the open but rallied during the session to close up 6 points. The FTSE, writes Greg Secker, 100 gapped higher at the open but pulled back with the news out yesterday from Bank of America causing the FTSE 100 to close down 68 points. The chart looks to have formed a lower high below the 6750 resistance level which is a bearish signal. Futures – DOW is called down 80 points, FTSE called down 25 points. Oil jumps to over $90 a barrel and is currently trading at $89.50 a barrel and gold at $772.90. 

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