A Daily Swing Trade

- Dow increases in volatility, remains within highly bullish flag. The index eventually closed the session with a modest 6 point gain and is now building out within a highly bullish flag consolidation.

- The NASDAQ and S&P each had wild swings throughout the day, sparking nice movement to the Close. Each index is now winding up within clear range that could offer a potentially big breakout move Monday.

Summary

The Dow closed the day barely above the breakeven point after swinging both ways throughout the day. The index is clearly winding up within a potentially powerful range that could offer big breakout movement next week. Watch 12,400 and 12,225.