The DOW fell at the open and traded lower for most of the session ending the day down 112 points. The S&P fell back 12 points and the NASDAQ closed down 22 points. The FTSE, writes Greg Secker, 100 closed down 110 points and has fallen back to the up trend line from 22nd Jan, watch this level for a break or bounce. Futures – DOW is called down 55 points, FTSE is called down 20 points. Oil has traded at new all time highs and is currently trading at $102.70, gold has also traded at a new all time highs and is currently trading at $974.10. 

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