On Tuesday, we anticipate more light market action as the pending FOMC announcement will almost certainly have traders on the sidelines again.  If market price action does something other than oscillate during the session, we will look for Boeing Co to resume its uptrend out of the three day Switch Hitter pullback at the 20- and 50-period Simple Moving Average.

We will continue watching the home builders on Tuesday with an eye on one of my old favorites Beazer Homes (BZH).  The stock had approximately a 50% pullback (peak to trough) of  the two week move that has it climbing out of the low level range that dominated summer and fall trading.

Boeing Co.

Beazer Homes USA

Equifax will be on our list of potential Sinker setups.  The stock left a Fast Ball at 52-week highs, and neutral or negative market action Tuesday would make it a likely profit-taking candidate.

Eqifax Inc

Over on the Nasdaq, Urban Outfitters (URBN) left a Switch Hitter that has Julieââ,¬â"¢s interest going into Tuesdayââ,¬â"¢s trading.  The stock trades pretty smoothly, and will be on screen along with the retail sector throughout the session for signs of a resumption of the recent uptrend.

Urban Outfitters

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