Our big opening gap made it difficult to setup entries on our watch list. Ultimately, only three trades triggered. We were stopped out in two, but hit the big target in the third, giving us a profitable day on the whole.

BBG LONG 23.86 23.75 $(0.11)
EMN SHORT 76.76 76.95 $(0.19)
EMN SHORT 77.41 76.87 $0.54

Total of $0.24 per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be $240 gross earnings for the day. $2.86 per share for the month. 1000 share per trade would be $2,860 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

ACN Accenture PLC (Ireland) NEW
DDS Dillard's Inc'A'

Bearish Short-Side Setups

ALTR Altera Corp.
CIE Cobalt Int'l Energy Inc

Dave Mecklenburg is Publisher of TigerSharkTrading.com.