Daily update from Traders University

The DOW pushed higher at the open trading above the 12400 level but soon reversed and then fell for the rest of the session ending the down with a massive 292 point loss and down below the 12100 level. The S&P fell 32 points and the NASDAQ closed down 58 points. The FTSE 100 gapped higher at the open but could not hold on to these gains and ended the day down 60 points. Futures - DOW is called flat, FTSE is called down 80 points. Oil is trading at $102 a barrel and gold had a substantial pull back yesterday and is currently trading at $938.