Trade Setups offer two solid long-term patterns that have confirmed

The market remains in a back and forth motion. One day up, the next day down. This has been the case now for almost an entire month. If we were truly weakening under the surface, I do not believe we would have seen the kind of dramatic recovery that we got out of the market on Friday. Instead the bulls came in at the last moment, and drove it 2/3’s of the way to break-even off of its lows. 

On the flip side, we broke out two weeks ago, and we were unable to maintain that breakout level. That concerns me less than what we saw with the bears that have the news running in its favor, and it remains unable to capitalize off of it. 

With Monsanto (MON) you have a trade setup that sets up very nicely since pulling back off of its highs and to a solid level of support where it originally broke out at. UBS AG (UBS) has this monstrosity of a head and shoulders pattern that has been forming over the six months or so. 

Here are today’s Lazy Swing-Trades

Long: Monsanto (MON)

Monsanto MON swing trade long

Short:UBS AG (UBS)

UBS Banking UBS swing trading short

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