The market was dull as can be, and any stabs at momentum trading was quickly vanquished as the day wore on. Tomorrow could be more of the same as the north east prepares for a massive snow storm, along with the FOMC on Wednesday, which also can create some dull trading days leading up to the announcement. Nonetheless, always be ready for what you might not expect and below are three trade setups worth watching to see whether they can breakout tomorrow or not.
Here’s the momentum trading opportunities to watch for:
Long Alibaba Group (BABA)
Long Walt Disney (DIS)
Short Air Products and Chemicals (APD)
