Morning Call by Traders University

The DOW continues to build out the consolidation ending the session up 60 points. The S&P added 6 points and the NASDAQ closed up 10 points. The FTSE 100 gapped higher at the open and held on to the gains to end the day up 75 points. With a bounce off the current trend line we could see the FTSE testing the 6000 level again in the next few days. Futures - DOW is called up 45 points, FTES is called up 55 points. Oil is has traded at new highs again and is currently trading at $113.60 a barrel and gold at $928.80.