A Daily Swing Trade

- Dow breaks early support, drops steadily to the Close. The index eventually closed at the session's lows with a huge 243 point loss and is now approaching critical support at 12,040, which will likely be tested soon.

- The NASDAQ and S&P each sold off heavily throughout the session and are now approaching key lows. Watch these support levels tomorrow.

Summary

The Dow closed the day at the session's lows and is now approaching critical support at 12,040, which is a huge 'line in the sand'. Watch this zone closely, as the index tests ahead of the next directional move.