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

ADP Automatic Data Proc
AEP Amer Electric Pwr
AES AES Corp
ALL Allstate Corp
AMGN Amgen Inc
BF.B Brown-Forman Corp Cl B
BRO Brown & Brown
BSX Boston Scientific Corporation
CAG Conagra Brands Inc
CL Colgate-Palmolive Co
CLF Cleveland-Cliffs Inc
CNC Centene Corp
COST Costco Wholesale Corp
D Dominion Energy Inc
EW Edwards Lifesciences Corp
FIVE Five Below Inc
GILD Gilead Sciences
HOLX Hologic Inc
JNJ Johnson & Johnson
JWN Nordstrom Inc
KR Kroger Co
LLY Eli Lilly and Co
LNT Alliant Energy Corporation
M Macy's, Inc.
MDT Medtronic plc
MO Altria Grp
NEE NextEra Energy Inc
PAYX Paychex Inc
PEAK Healthpeak Properties Inc
PEP Pepsico Inc
PFE Pfizer Inc
PG Procter & Gamble Co
TMUS T-Mobile US Inc
UAL United Airlines Hldgs Inc
UDR UDR Inc
UNH UnitedHealth Grp Inc
VRTX Vertex Pharmaceuticals
VTR Ventas Inc
VZ Verizon Communications
WMT Walmart Inc

Short-side setups

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

ACIW ACI Worldwide Inc
AXP American Express Co
C Citigrp Inc
CBRL Cracker Barrel Old Country St
CBT Cabot Corp
CMI Cummins Inc
ESNT Essent Grp Ltd
GS Goldman Sachs Grp
JEF Jefferies Financial Group
KMT Kennametal Inc
LNC Lincoln Natl Corp
NXPI NXP Semiconductors N.V.
POWI Power Integrations Inc
TEX Terex Corp
TFC Truist Financial Corp
USB US Bancorp
WAFD Washington Federal Inc
WOR Worthington Industries

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.