Tomorrow the 60 min stochastics will get oversold again. This has happened 7 times over the 2 months and produced a tradeable bounce in the markets. Combined with this is an underlining trendline that goes back to the beginning of the month. This combination is one of my favorite combined indicators and makes up the core of a high probability set up. I posted some charts that are also setting up and should benefit from this set up.

The one caution is that Wednesday was marked as a day when the European leaders would announce there bailout plans for Greece and troubled euro banks.. This has appeared to be pushed back or cancelled. Then it was reported there was never any definite announcement to be made. Seems like any surprise news could be factor again in these volatile markets. We could see news come out before tomorrow open that could negatively effect the open and technically damage some of the set ups. Personally i think we get the short bounce that is showing on the charts and if so the following stocks will be in play and I will be focusing on these.