The DOW traded in a tight trading range yesterday ending the session down 20 points. The S&P500 broke the 1400 level but could not hold on to the gains ending down 1 point, the NASDAQ closed up 1 point. The FTSE, writes Greg Secker, 100 broke the 6100 level in the morning but drifted lower during the session to close down 1 point and back below the 6100 level. Futures – DOW is called flat, FTSE is called up 5 points. Oil is trading at $118.48 a barrel and gold at $893.

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