We saw some big moves go off the open, without stops, or without a trigger at an inflection point. We had three trades setup, and two them stopped out. We'll be ready tomorrow for a better day.

DOW LONG 39.67 39.84 $0.17 Trail hit.
UAL LONG 32.73 32.43 $(0.30)
BBBY SHORT 72.17 72.50 $(0.33)

Total of ($0.46) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$460 gross earnings for the day. $3.00 per share for the month. 1000 share per trade would be $3,000 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

ASH Ashland Inc
CAH Cardinal Health Inc

Bearish Short-Side Setups

CVI CVR Energy Inc
EIX Edison Intl

Dave Mecklenburg is Publisher of TigerSharkTrading.com.