On Monday, we will again be watching shares of Eaton (ETN). The stock was a Sinker setup on Friday, but a gap higher failed to set up an entry, and the stock left an Infield Fly going into Monday’s session.

Frontier Oil (FTO) also left an Infield Fly on the daily chart. We will look to short the stock on early weakness below the Friday session low.

Parker Hannifin (PH) is a Sinker setup for Monday. The stock had a Fast Ball move on Friday, leaving a new 52-week high. We will look for a breakout attempt that fails right above the Friday highs and reverses to signal a potential short sale entry.

Finally, Texas Utilities (TXU) left a Fast Ball expansion of range and volume long-side setup for Monday’s trading. We will be looking for an entry above the Friday session high.

Eaton


Frontier Oil


Parker Hannifan


Texas Utilities


P.S. Join me and a dozen professional traders in the TraderInsight.com War Room. Click here for your free two-week membership.

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.