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

AA Alcoa Corp
APA APA Corp
AR Antero Resources Corp
COP ConocoPhillips
CVX Chevron Corporation
EPD Enterprise Products Partners
F Ford Motor
FCX Freeport-McMoRan Inc
GE General Electric Co
GM General Motors Co
GPS Gap Inc
KMI Kinder Morgan Inc
MGM MGM Resorts Intl
MPC Marathon Petro Corp
MRO Marathon Oil Corp
OXY Occidental Petro Corp
SLB Schlumberger Ltd
SU Suncor Energy (New)
WMB Williams Companies
XOM Exxon Mobil

Short-side setups

ROL Rollins Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.