Mondayââ,¬â"¢s Around the Horn: Stocks to Watch provided for plenty of long and short side intraday opportunity as crisis in the Middle East continued to drive energy higher and just about everything else down the proverbial drain. Given that the geopolitical situation does not look particularly inclined to change for the better in the near future, I am working under the assumption that more of the same is the agenda for the next few trading sessions.

On Tuesday, Diamond Offshore Drilling Inc (DO) will be on the radar. The stockââ,¬â"¢s recent decline has it poised to retest the 72.20 June lows. Mondayââ,¬â"¢s price action left a Fast Ball pattern on the daily chart.

Diamond Offshore Drilling Inc

Another driller, Ensco International Inc (ESV) also looks to be an interesting Fast Ball setup.

Ensco International Inc
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Diversified manufacturer Dover Corp (DOV) left a Backdoor Slider above the 200-period simple moving average on Monday, and also looks like an interesting short candidate for Tuesdayââ,¬â"¢s trading.

Dover Corp

Eaton Corp (ETN) left a Fast Ball short sale setup on Monday on projected slow growth. We will look to short this one below the Monday closing price rather than below the low.

Eaton Corp

A Backdoor Slider in Honeywell International Inc (HON) will also be on our watch list during Tuesdayââ,¬â"¢s trade. The stock appears to have downside potential to around 36.05 making for a solid risk/reward ratio.

Honeywell International Inc

Parker-Hannifin Corp (PH) had a Fast Ball expansion of range and volume on Monday, collapsing through recent support.   We will watch for signs of continued weakness on Tuesday.

Parker-Hannifin Corp

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.