A Daily Swing Trade

- Dow trades quietly sideways, ends session with 3 point loss. Today's movement in the Dow was in stark contrast to the heavy volatility we've seen over the last four weeks. Continue to watch key support and today's highs for signs of a medium term breakout move.

- The NASDAQ and S&P closed the day with buying into the Close and continue to hold above critical support levels after today's tests. Look for the indexes to continue to test these zones until a solid break or bounce occurs.

Summary

The Dow closed the day very quietly today after trading with low volatility throughout the session. The index continues to hold above critical support and beneath near-term resistance, which we will watch closely tomorrow.