A Daily Swing Trade

- Dow finally breaks 11,300 support, begins initial decline. The index's break at 11,300 is the initial spark that could send the Dow back toward the 11,100 zone yet again.

- The NASDAQ and S&P each sold off from early highs today and breached key support levels. These violations indicate that much more selling could be ahead.

Summary

The Dow ended the day beneath the key 11,300 support level after getting a solid downside break from the consolidation early in the day. This violation could be the spark that takes the Dow down for solid 200 point decline.