It looked like the gap down at the open was going to trigger numerous long-side stocks at the Central Pivot, but many of the long-side stocks that resumed their upward trend didn't give us a signal through an inflection point or give us an acceptable stop loss to take a trade. BEAM made a great move up through the Central Pivot up to the R2 Pivot, but the stop would have been 40 cents, which is beyond what I allow for my trades. It was still a good, even with CAH and DG not quite hitting a big target.

CAH LONG 52.83 53.10 $0.27 Trail hit.
DG LONG 57.42 57.89 $0.47 Exit end of day.
ENDP LONG 46.56 46.40 $(0.16)
ENDP LONG 46.57 46.57 $-
ANGI SHORT 21.02 21.03 $(0.01) Exit end of day.

Total of $0.57 per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be $570 gross earnings for the day. $1.36 per share for the month. 1000 share per trade would be $1,360 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

APC Anadarko Petroleum
BEAM Beam Inc.

Bearish Short-Side Setups

DFT Dupont Fabros Technology Inc
EME Emcor Group

Dave Mecklenburg is Publisher of TigerSharkTrading.com.