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

CF CF Industries Hldgs Inc
CLX Clorox Co
CPB Campbell Soup
CVX Chevron Corporation
FCN FTI Consulting
GO Grocery Outlet Holding Corp
HON Honeywell Intl
HR Healthcare Realty Tr
HUBB Hubbell Inc
K Kellogg Co
KMB Kimberly-Clark Corp
LPX Louisiana-Pacific Corp
LW Lamb Weston Hldgs Inc
MAT Mattel, Inc
OXY Occidental Petro Corp
PSX Phillips 66
PTC PTC Inc
SHW Sherwin-Williams
SNA Snap-On Inc
SXT Sensient Technologies
VLO Valero Energy

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.

CR Crane Holdings Co
OFC Corporate Office Prop Tr
RUN Sunrun Inc
SIX Six Flags Entertainment Corp
VSAT Viasat Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.