Morning Call by Traders University

The DOW traded lower at the open falling down to the 12,400 level where it found support for the rest of the session ending the day down 109 points. The S&P closed down 11 points and the NASDAQ fell 16 points. The FTSE 100 had a quiet sideways trading day ending the session down 28 points. Futures - DOW is called down 35 points, FTSE is called down 20 points. Oil is trading at $106 a barrel and gold at $956.70.