Mondays Gameplan

Longs: DOW, KLAC, TJX (Earnings)

Breakouts: AET>42.00, ALTR (IDB), AXP<49.00, BA>67.50, C(IDB), COST (IDB), JCP 34.00, JDSU (IDB), JNPR>25.50, KSS>56.50, SNDK>53.00

Shorts: CIEN (14.00), SBUX, SLW, UNH

Notes:

RTH and the retail sectors looks set to explode ahead of tomorrows economic number.

SPY looks set to explode from its wedge on the daily timeframe.

XLF looks to be amongst the weakest sectors.

TJX earnings.

I am mostly bullish in this environment but remain very cautious of any headline news from europe that may cause volatility making my trades more risky.

IWM>DIA>SPY>QQQ