We are still experiencing a lot of stop-outs. We're seeing more fake-outs. It might be worthwhile to wait for double confirmation before taking a position to lower risk, but it will be at the cost of missing some trades. It has been a rough end of the month, but still a good month of trading.

CAH LONG 50.17 50.58 $0.41
HCA LONG 39.47 39.31 $(0.16)
LGF LONG 32.39 32.10 $(0.29)
CNQ SHORT 30.72 30.93 $(0.21)
HP SHORT 63.23 63.55 $(0.32)
OFC SHORT 26.42 26.61 $(0.19)
SNDK SHORT 55.53 55.53 $-
STX SHORT 40.90 40.33 $0.57

Total of ($0.19) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$190 gross earnings for the day. $8.45 per share for the month. 1000 share per trade would be $8,450 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

CTXS Citrix Systems
CYH Community Health Sys
DHR Danaher Corp
FB Facebook Inc
LTD L Brands Inc

Bearish Short-Side Setups

AET Aetna Inc
AOL AOL Inc
CBI Chicago Bridge & Iron N.V.
CRI Carter's Inc
DVN Devon Energy
FTI FMC Technologies
KMP Kinder Morgan Egy Ptnrs L.p.
NBL Noble Energy
PWR Quanta Services
R Ryder System
SMTC Semtech Corp
SNDK SanDisk Corp
TCO Taubman Centers

Dave Mecklenburg is Publisher of TigerSharkTrading.com.