We had some bad luck with the trade in BC. The trade just barely stopped out after moving the trailing stop to breakeven, so we missed a nice breakdown for at least 59 cents to the S1 Pivot.

Normally, I don't like late trades at the Zero Fibonacci line after that line's support and resistance have been violated numerous times during the trading session. In the case of EBAY, I took the trade because there was a clear stop above a consolidation and the breakdown through Friday's low took out support from the morning. The trade took a full stop-out.

HES LONG 72.92 73.36 $0.44
OAS LONG 42.10 41.91 $(0.19)
PG LONG 81.06 81.06 $-
BC SHORT 33.82 33.82 $-
HAS SHORT 46.08 46.29 $(0.21)
EBAY SHORT 52.07 52.38 $(0.31)

Total of ($0.27) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$270 gross earnings for the day. $7.74 per share for the month. 1000 share per trade would be $7,740 gross earning for the month.

Wide-range bar setups for the next trading day. The day trade setup is only good for the upcoming trading session.

Entries, targets, and stops are based on the day's likely inflection points, and natural support and resistance. Avoid trade until bid/ask spread narrows.

Partial or unedited list of setups. Complete or edited list goes out by email. Subscribe to the distribution list here.

Bullish Long-Side Setups

AFL AFLAC Inc
AN AutoNation Inc
BYI Bally Technologies Inc
DECK Deckers Outdoor
EW Edwards Lifesciences
HCA HCA Holdings Inc
OSK Oshkosh Corporation
PFG Principal Financial Grp
QCOR Questcor Pharmaceuticals Inc
THO Thor Indus

Bearish Short-Side Setups

CAR Avis Budget Group
CHKP Check Point Software Tech
DIS Disney (Walt) Co
EL Lauder (Estee) Co
HAL Halliburton Co
IR Ingersoll-Rand Plc
LEN Lennar Corp'A'
NE Noble Corp
TS Tenaris SA ADS
VIAB Viacom Inc Cl 'B'

Dave Mecklenburg is Publisher of TigerSharkTrading.com.