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

AVT Avnet, Inc
CE Celanese Corporation
DOW Dow Inc
IFF Intl Flavors/Fragr
IP Intl Paper
LEG Leggett & Platt
LYB LyondellBasell Ind N.V.
OLN Olin Corp
PTC PTC Inc
VNT Vontier Corp
WAT Waters Corp
WDC Western Digital

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.

ADM Archer-Daniels-Midland
AES AES Corp
AFL AFLAC Inc
AKAM Akamai Technologies
ALL Allstate Corp
BBY Best Buy
BSX Boston Scientific Corporation
CAG Conagra Brands Inc
CHRW C.H. Robinson Worldwide Inc
COST Costco Wholesale Corp
CSCO Cisco Systems
DE Deere & Co
DG Dollar General Corporation
DLR Digital Realty Trust Inc
EQR Equity Residential
FE FirstEnergy Corp
GD General Dynamics Corp
GIS Genl Mills
HRL Hormel Foods Corp
IRM Iron Mountain Inc REIT
JNPR Juniper Networks
JPM JPMorgan Chase & Co
KR Kroger Co
MCD McDonald's Corp
MDLZ Mondelez Int'l Inc Cl A
MDT Medtronic plc
MO Altria Grp
NEE NextEra Energy Inc
NEM Newmont Corp
PEG Pub Svc Enterprises Gr Incorp
PEP Pepsico Inc
PG Procter & Gamble Co
PNC PNC Finl Svcs Grp Inc
SFM Sprouts Farmers Mkts Inc
TSN Tyson Foods 'A'
UNH UnitedHealth Grp Inc
VZ Verizon Communications
WM Waste Mgt Inc
WMT Walmart Inc
YUM Yum! Brands Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.