Morning Call by Traders University

The DOW fell at the open down to the 12400 area where it found some support to close the session around the 12500 level and down 134 points on the day. The S&P closed down 14 points and the NASDAQ fell 31 points. The FTSE 100 broke to the down side of the consolidation ending the day down 45 points. Futures - DOW is called down 25 points, FTSE is called down 20 points. Oil is trading at $127.42 a barrel and gold at $898.30.