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

ASH Ashland Glbl Hldgs Inc
AVY Avery Dennison Corp
BHF Brighthouse Finl Inc
CAR Avis Budget Grp
CE Celanese Corporation
CF CF Industries Hldgs Inc
CMI Cummins Inc
CNP Centerpoint Energy
COHR Coherent, Inc
DAL Delta Airlines Inc
DOW Dow Inc
EXPD Expeditors Intl of Washington
FIS Fidelity National Information
GTLS Chart Industries Inc
HON Honeywell Intl
HPQ HP Inc
HXL Hexcel Corp
LUV Southwest Airlines Co
LYB LyondellBasell Ind N.V.
MAR Marriott Int'l Cl A
MAT Mattel, Inc
MHK Mohawk Indus
MPWR Monolithic Power Systems Inc
NFG Natl Fuel Gas
OLLI Ollies Bargain Outlet Hldgs
OPCH Option Care Health Inc
PCH PotlatchDeltic Corp
PM Philip Morris Intl Inc
PTC PTC Inc
ROST Ross Stores
SBAC SBA Communications'A'
SCI Service Corporation Intl
SHW Sherwin-Williams
SYF Synchrony Finl
TGT Target Corp
UAL United Airlines Hldgs Inc
WAT Waters Corp
WDC Western Digital
WMT Walmart Inc
WY Weyerhaeuser Co

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.

ABBV AbbVie Inc
CHTR Charter Communications Inc
FDX FedEx Corp
FLR Fluor Corp
HAE Haemonetics Corp
LHX L3Harris Technologies Inc
MASI Masimo Corp
NVST Envista Holdings Corp
RE Everest Re Grp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.