Morning Call by Traders University

After a sideways start to the session the DOW eventually broke the 13,000 level falling all the way back to the 12800 level ending the day down 206 points. The S&P fell 25 points, the NASDAQ fell 44 points. The FTSE 100 gapped higher at the open and held on to the gains ending the day up 45 points. Futures - DOW is called up 40 points, FTSE is called down 25 points. Oil is trading at $123.58 a barrel and gold at $868.80.