A big gap up in the market to start the day often makes it difficult to find entries if we don't get a strong reversal. We saw some big moves off the open, but again, I typically don't take trades the first 15 minutes to limit my risk during the most volatile time of trade.

CNX LONG 34.41 34.29 $(0.12)
QCOM LONG 69.77 69.66 $(0.11)
RHT LONG 52.26 52.78 $0.52 Exit end of day.
CVI SHORT 41.62 41.36 $0.26 Exit end of day.
CYH SHORT 38.66 38.84 $(0.18)
UNXL SHORT 17.35 17.20 $0.15 Trail hit.

Total of $0.52 per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be $520 gross earnings for the day. $3.46 per share for the month. 1000 share per trade would be $3,460 gross earnings 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

AMTD TD Ameritrade Holding Corp
CBI Chicago Bridge & Iron N.V.

Bearish Short-Side Setups

BBBY Bed Bath & Beyond
K Kellogg Co

Dave Mecklenburg is Publisher of TigerSharkTrading.com.