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.

NONE

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.

BRFS BRF Brasil Foods SA
CZZ Cosan Limited Cl 'A'
VIV Telefonica Brazil S.A.

Dave Mecklenburg is the Editor-in-Chief of TigerSharkTrading.com.