A Daily Swing Trade

- Dow holds throughout session, gets bullish lift to the Close. The index closed the day out with a modest 20 point loss, but looks to be building out the framework for a potential continuation pattern above 12,600, which would be bullish.

- The NASDAQ and S&P each traded quietly sideways today, but look primed for another big week next week. Watch the key triangle pattern in the NASDAQ for early direction Monday.

Summary

The Dow closed the day quietly lower today, but the index continues to maintain its stance above the key 12,600 zone, which is the clear fulcrum in the charts. Watch this level for key direction next week.