Friday is quadruple witch, which makes it a less-than-desirable day to be looking for opportunities in the market. Nevertheless, we will be looking at several setups, with a constant eye on the volatility and the broader indices. We will also be very quick to tighten stops on winning positions and close out losers fast.

Retail is on fire, and Abercrombie & Fitch Co (ANF) managed to stop the recent bloodletting and make a Fast Ball move up through its 20-period Simple Moving Average. If the retail sector (RLX.X) manages to continue its break above recent resistance ANF will be on our list of potential long entries.

Abercrombie & Fitch

On the short side, Peabody Energy (BTU) could not catch a break on Thursday, and looks ready for a continuation of its Fast Ball move lower. With support nearly a point away, the stock holds promise if things start to deteriorate.

Peabody Energy

Manpower Inc (MAN) showed its strength on Thursday, making a Fast Ball move to new highs on solid volume.  We will watch the stock for strength or weakness on Friday, as it qualifies as a Sinker setup but might also offer some long side scalping opportunities as well.

Manpower, Inc.

Safeway Inc (SWY) was up on the day, but net negative intraday, which has me interested in what it might do on Friday.  The stock left an Infield Fly setup on heavy volume and could make a nice run back down to support if the shoppers donââ,¬â"¢t show up Friday.

Safeway Inc

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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.