As expected, we had more unwinding and choppy action in the market today. A few stocks on my list to watch tomorrow include EOG, DIVX, MON, EQIX, and DUG.

EOG reversed yesterday’s down bar, and is close to breaking the high from three weeks ago.

DIVX broke out of a 2-month base, and closed near it’s high after pulling back yesterday.

MON has taken out that wide range red bar. Ag stocks have been strong.

I’m thinking EQIX could be a short here if yesterday’s low of 87.12 fails. Note the topping tails. Also, a second gap higher is usually novice driven.

One day oil stocks will reverse. DUG is on my watrch list every day in anticipation of that event.

There’s some nice setups forming in many stocks I watch.

Those China stocks that were hot last Fall have dropped back to earth and warrant some attention here. PTR, SNP and, JRJC are three with higher low pivots on the daily chart. Note the volume on the moves higher today.

Imclone Systems - IMCL looks excellent after breaking out higher today. Look at a monthly chart, and you’ll see no overhead resistance for the past 3 years. I had to enter the stock twice, as my first entry was stopped out. I guess I should have used the 60-minute chart. I sold 2/3 at 48.6 near the first day high and kept the rest.