A Daily Swing Trade

- Dow trades sideways throughout session, closes session with 6 point gain. If the Dow is to continue to consolidate at highs, we will likely see this range expand over the next day or two before another solid breakout move occurs.

- The NASDAQ and S&P each traded quietly sideways today and continue to hold at highs. Look for each index to continue to build out these continuation patterns.

Summary

The Dow closed the day quietly and continues to hold near highs within the boundaries of a tight consolidation pattern. Look for the Dow to continue to build out this consolidation, as it builds toward another key breakout move. Further overall strength is likely above 13,400.