A Daily Swing Trade

- Dow reverses from opening lows, rallies nice to the Close. The index later picked up more steam late in the afternoon and proceeded to rally a full 150 points from the afternoon lows and eventually closed with a huge 187 point gain.

- The NASDAQ and S&P each pushed solidly higher from the day's lows, pushing new highs into the Close. Look to resistance tomorrow for more signs of strength.

Summary

The Dow closed the day with a huge gain after trending steadily higher throughout the session. The index sits at the top of the large consolidation range that continues to build out. Continue to watch this range for a potentially big breakout move soon.