On Tuesday, I will keep a close eye on Affiliated Managers Group (AMG). The stock made a Fast Ball move lower on Monday, and managed to close well below the 50 period simple moving average. An extension below the Monday low will be my signal for a potential entry.

Also on the radar is Burlington Northern Santa Fe Corp (BNI). The stock is in a low level Switch Hitter pullback just below the 50 period simple moving average.

Affiliated Managers Group

Burlington Northern Santa Fe Corp

In the Home Builders (HGX.X), Centex Corp looks poised for an extension to the downside. I will watch for a move below the Monday session low and confirmation from the sector prior to initiating any positions.

Centex Corp

In the retailers (RLX.X), Tiffany (TIF) made a Fast Ball move on Monday, and seems to have little support if it can break lower on Tuesday. I will look for weakness in the RLX.X as well as in the Consumer sector (CMR.X) to confirm any entry during the session.

Tiffany & Company

Adrian Manz is the author of Around The Horn: A Trader's Guide To Consistently Scoring In The Markets and is cofounder of TraderInsight.com. Email him at adrian@traderinsight.com.