A Daily Swing Trade

- Dow reverses from early highs, drops back toward opening print. The index closed the day with a rather mild 4 point loss, but continues to wind up within a tight consolidation range that could offer a big move ahead.

- The NASDAQ and S&P each sold off from the day's highs today, but the tech-heavy index really took it to the extreme. Today's major weakness in the NASDAQ could cause the other indexes to follow suit.

Summary

The Dow ended the day off by a hair after reversing sharply from the day's highs. The index continues to build out a consolidation at the highs, but could be on the verge a breakout. Watch this range closely tomorrow.