On Tuesday, we will watch Affiliated Computer Services Inc (ACS) for a short-side continuation of Monday’s Fast Ball expansion of range and volume.  Any move below 47.76 will have me looking for short sale opportunities.

Diamond Offshore Drilling (DO) is on our potential sell list for Tuesday.  The stock left an Infield Fly setup on its second day of trade above the 50-period simple moving average and is a retracement candidate if the drillers show weakness.

Fortune Brands, Inc left a Backdoor Slider short setup just above the 50-period simple moving average on the daily chart on Monday and is also in a monthly Infield Fly pattern.  On Tuesday, I will be interested in shorting the stock on a move that takes price below the institutional favorite 50-period simple moving average on sell-side OpenBook imbalance.

Johnson Controls Inc made a 52-week Fast Ball high and is a prime Sinker candidate for Tuesday’s trading.

Navistar International (NAV) made a Sinker move on Monday, and left a Double Header for Tuesday’s trading.  We will be looking to short the stock below the Monday session low.

Affiliated Computer Services

Diamond Offshore Drilling

Fortune Brands, Inc

Johnson Controls Inc

Navistar International

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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.