A Daily Swing Trade

- Dow rallies throughout morning, but halts advance at major resistance. The index closed the day off the session's highs, but still managed to clock a gain of 21 points.

- The NASDAQ and S&P each rallied from early lows today, but stopped short of breaking out to the upside. Each index continues to wind up ahead of the next big move.

Summary

The Dow ended the day with a mild gain after rallying early in the day. The index continues to do battle with major resistance at 12,365, which we will continue to watch for major market direction.