On Tuesday, we will be looking at the oils once again with equipment and services provider Cameron International (CAM) at the top of the watch list. The stock left a Fast Ball breakdown on Monday, closing below the 20-period Simple Moving Average.
In the utilities, Equitable Resources Inc (EQT) broke the 20-period Simple Moving Average with a Fast Ball move that left the stock just off its session lows at the 50% retracement of the final swing move lower. We will look for continuation opportunities on Tuesday in EQT as well.
Eaton (ETN) was a trading plan setup that did not trigger on Monday. The stock left a Backdoor Slider setup, and we will watch it again on Tuesday.

Cameron International

Equitable Resources Inc

Eaton Corp

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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.