Although yesterday's consumer confidence numbers , 107.2, beat the consensus by 5 points, markets still showed weakness due to lack of clarification from the Fed regarding the future of interest rates. Analysts seem to think that the interest rate hikes may be near an end, although the market certainly didn't react that way yesterday:

This element of uncertainty in the marketplace will continue to weigh down the market from a stock trading perspective until some light is shed on the subject. The DOW, S&P, and NASDAQ will most likely refrain from building on yesterday's losses.

Marvell Technology Group Ltd. (Nasdaq: MRVL) shows a significant uptrend line dating back to its 4 year chart and is looking like a really nice setup for stock trading AND options trading:

The trend line was tested intraday on March 22, and an immediate upside reversal took place. MRVL is in prime position for a daytrade once the trend line is tested. The direction of the trade is yet to be determined.

A look at the 1-year chart for Wynn Resorts Limited (NASDAQ: WYNN) will show you a very aggressive up trend line in the stock. On top of the trend, the 52 week high of 75.25 was recently tested and surpassed:

Is there room for more upside price action? I never overlooks strength like this.

Andy Swan is co-founder and head trader for DaytradeTeam.com.  To get all of Andy's day trading, swing trading, and options trading alerts in real time, subscribe to a one-week, all-inclusive trial membership to DaytradeTeam by clicking here.