The Monday madness left plenty of Fast Ball short side expansion on range and volume setups for Tuesday’s session. Unfortunately, most of the natural support/resistance stops on the intraday charts are far enough from the potential entries to make risk/reward ratios unacceptable. This does not preclude the presence of more suitable stops in the morning, and we will definitely be stalking several setups as the session develops.
Bunge Limited (BG), Corn Products International (CPO), and St. Jude (STJ) seem the most likely candidates for Tuesday follow-through, and each will be on the radar for a move below the Monday low after the initial opening trading has settled in.
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