Morning Call by Trader's University

The DOW had a quiet trading session yesterday ending the day down 23 points as it form a new consolidation at the lows of the recent move. The S&P fell 4 points and the NASDAQ closed 14 points lower. The FTSE 100 gapped lower at the open and traded sideways for the rest of the session ending the day down 63 points. Futures - DOW is called up 30 points, FTSE is called up 30 points. Oil traded at a new high overnight and is currently trading at $112.30 a barrel, Gold is trading at $932.50.