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Day Trader Radio

Kick Ass Trade Set Ups for Week of Feb 22nd

daytraderockstar post

posted by daytraderockstar

Feb 22, 2010 11:59 pm

Going into tomorrow Futures are up .50 Todays range was an inside day, which could lead to a more powerful move tomorrow. Watch 1112.45 for an upside break, and 1100 for the downside break. One of these levels probably will be taken out tomorrow. But the market has been reversing alot on breakouts and I would want to see a confirmed breakout meaning a retest of the level being taken out. Stocks are becoming easier to trade then the futures lately and relative strength is always the best clue to pick out the early movers, Below are 3 set ups that continue to look good and I detailed some notes on some pattern recognition with these charts. Also INTC is really setting up for that break above 21.05 see the charts below

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