Setups for the Week of Mar 14

After sifting through the charts that my scans produced this weekend there are a couple of things that stand out. First and most obvious is the fact that last week's market action took it's toll on many of the stocks that I was watching as long candidates. Second... a lot of the prices are approaching their 50 period MAs and some have now fallen below all three moving averages. I have 3 times as many short setups as long this week. Am I cheering you up at all? I'm going to start looking more at short positions than long now but always with an eye on the exits if we get a sharp reversal during the week. Here are some of the setups for the week ahead:

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$CSU Most of the stocks in this sector sold off Thursday and Friday. This one acted well. Lower volume on a pullback; good volume on recovery. Long over 9.75.

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$DPZ Finally broke above the 17.50 but still needs follow through on volume. MACD/RSI are confirming.

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$MW Trying to fill December gap. Good volume on B/O; MACD/RSI curling up; blue sky on weekly over 28.65.

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$AMAT Below 50MA and previous support at 15. Likes 15 to 15.10 price area. Volume, MACD/RSI all say down. Support at 14 then 13.

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$ATML Gap down on Thursday; tried to fill Friday. Volume, MACD/RSI confirming breakdown. Weekly points lower; support at 10.65 then 8.

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$HL Short below 8.50 on volume. Not much support until 7. MACD/RSI pointing down.

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$LCRY Break on volume; MACD/RSI confirming down; price below all MAs. Short on any retest of break at 12.93.

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$OPK Breaking down on huge volume; low volume retest; MACD/RSI confirming. Short below 3.50. Support at 3.00 then 2.

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$ZAGG Broke support with volume. Trending lower below all MAs. Short below 7.50 on volume. Into the vacuum after that. Earnings on Monday AMC.

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But wait, there's more... well, there is but I think I've given the folks enough to chew on. Got a feeling we're in for more chop this week. Way too much happening in the world for calm and order.

Trade smart this week... see you all on the stream.