In late May in this column, we discussed the â�,��"test of a testâ�,� occurring in the market and leaving us in a make-or-break test of support. Mondayâ�,��"�s market action delivered the test in the form of a triple bottom with support on a further breakdown around 10965. Given the selling into the close, I am working under the assumption that the most likely direction for the next several sessions is lower. Given recent market gyrations, however, anything is possible.

Dow Jones Industrial Average

On Tuesday, we will keep the Home Builders (HGX.X) on screen all day, as interest rate jitters continue to weigh heavily on the index and its component stocks. Within the sector, three stocks look particularly appealing as short side candidates for Julie and myself. Beazer Homes (BZH) left a Fast Ball on Monday and looks ready for a continuation.

Beazer Homes Inc.

D.R. Horton Inc. (DHI) also had a Fast Ball expansion day.

D.R. Horton Inc.

As did Lennar Corp (LEN).

Lennar Corp.

Fortune Brands continues to make new lows, as Fridayâ�,��"�s Switch Hitter setup turned into a Fast Ball selloff on Monday. We will keep FO on the radar on Tuesday as well.

Fortune Brands Inc.

If the market reverses, we will look for a continuation move in Energizer Holdings (ENR) which left a Backdoor Slider on the daily chart over the past several sessions.

Energizer Holdings Inc.

Finally, Harley Davidson Inc. (HDI) will be on our watch list throughout the session. The stock made a Fast Ball move lower on Monday, and will be on our list as a potential contra-play. In my experience, HDI tends to reverse after an expansion move. Julie and I will look for indications of a market reversal particularly among consumer stocks ($CMR.X) to indicate a potential reversal move in HDI.

Harley Davidson Inc.

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.