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

BF.B Brown-Forman Corp Cl B
HSY The Hershey Co
JKHY Henry(Jack) & Assoc
MDU MDU Res Grp Inc
MRK Merck & Co
PEP Pepsico Inc
SIGA Siga Tech Inc
SJT San Juan Basin Rty Tr

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

NONE

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.