Entry on a break of the previous trading day's high. Avoid trade until bid/ask spread is one or two cents. Confirm trade with market and sector strength. Day trade setup is only good for the upcoming trading session.

Long-side setups

ED Consolidated Edison
EXC Exelon Corp
INVH Invitation Homes Inc
JNJ Johnson & Johnson
WM Waste Mgt Inc

Entry on a break of the previous trading day's low. Avoid trade until bid/ask spread is one or two cents. Confirm trade with market and sector weakness. Day trade setup is only good for the upcoming trading session.

Short-side setups

GPS Gap Inc
LULU Lululemon Athletica Inc
SLB Schlumberger Ltd

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.