A Daily Swing Trade

- Dow trades back and forth throughout session, holds above major 11,400 zone. The index continues to hold confidently above the 11,400 resistance level and the major lower trend line, which we will continue to watch.

- The NASDAQ and S&P each pushed higher today, extending their overall advance from last week. Watch near-term support for direction tomorrow.

Summary

The Dow closed the day fairly quietly and continues to hold above key resistance at 11,400. Continued overall near-term strength is likely above this zone, unless it is solidly crossed. Use this level as our near-term fulcrum tomorrow.