Entry on a break of the previous trading day's high. Stop below the deepest pullback low. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.

Long-side setups

ADM Archer-Daniels-Midland
ADNT Adient plc
AFL AFLAC Inc
AXL American Axle & Manufacturing
CC The Chemours Company
CCL Carnival Corp
CIEN Ciena Corp
CLB Core Laboratories N.V.
CLF Cleveland-Cliffs Inc
CMC Commercial Metals
CONE CyrusOne Inc
CSCO Cisco Systems
CYH Community Health Sys Inc
CZR Caesars Entertainment Corp
DFS Discover Finl Svcs
EOG EOG Resources
F Ford Motor
FLS Flowserve Corp
FRC First Repub Bank
FTI TechnipFMC plc
GEO The GEO Grp Inc
GM General Motors Co
IBM Intl Business Machines Corp
JHG Janus Henderson Grp PLC
KO Coca-Cola Co
MLHR Herman Miller
MPC Marathon Petro Corp
MS Morgan Stanley
MTZ MasTec Inc
PPG PPG Indus Inc
REG Regency Centers
SCHW Charles Schwab Corp (The)
SJM Smucker (J.M.)
SLB Schlumberger Ltd
STLD Steel Dynamics
SYF Synchrony Finl
TAP Molson Coors Beverage Co
TILE Interface Inc
TXT Textron, Inc
WW WW International Inc

Short-side setups

ACOR Acorda Therapeutics Inc
CMTL Comtech Telecommns
MASI Masimo Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.