Morning Call by Greg Secker

The DOW gapped lower at the open and traded down to the 13500 level where it found some support late in the session to rally to the close to finish the session down 1 point. The S&P also put in a late rally to close the session down 3 points. The NASDAQ gapped lower and traded lower till the late rally but still closed down 24 points. The FTSE, writes Greg Secker, 100 traded high at the open but fell with the American markets in the afternoon closing down 32 points finding some support at the 50 ema. Futures – DOW is called down 20 points, FTSE is called up 50 points. Oil is trading at $86.88 a barrel and gold at $765.50. 

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