A Daily Swing Trade

- Dow rallies at Open, holds gains to the Close. The index remains highly bullish and will likely continue this trend until the lower trend line is violated.

- The NASDAQ and S&P each pushed to new highs today after holding opening gains throughout the day. Look for more overall strength, but keep an eye on near-term support for early selling potential.

Summary

The Dow closed the day at the highs of the session, as the index continues to chug along, setting new highs every day. The index remains above the steep lower trend line, which we will watch for the first signs of potential selling pressure.