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

AES AES Corp
BRO Brown & Brown
MAA Mid-Amer Apt Communities, Inc.
MKC Mccormick & Co
OGN Organon & Co
PGR The Progressive Corp
TD Toronto-Dominion Bk
VALE VALE S.A.
VRSK Verisk Analytics Inc
WTRG Essential Utilities Inc

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.

Short-side setups

AEO American Eagle Outfitters Inc
BBWI Bath & Body Works Inc
BFH Bread Financial Holdings Inc
BURL Burlington Stores Inc
CAL Caleres Inc
COF Cap One Finl
INT World Fuel Svcs
LKQ LKQ Corp
MS Morgan Stanley
ROST Ross Stores
SIG Signet Jewelers Ltd
SYF Synchrony Finl

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.