Futures continue to improve on the heals of what is looking like a breakout of recent consolidation for the market. Below are the morning trade setups, for those who are still holding on to a lot of short positions, be very careful about letting a market that is on a technical breakout, continue to run against your positions.  

LONG: Patriot Coal Corp. (PCX)

 

SHORT: Salix Pharmaceuticals (SLXP)