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
APA APA Corp
BRK.B Berkshire Hathaway'B'
BWA Borg Warner
CFG Citizens Finl Grp Inc
CVX Chevron Corporation
DAL Delta Airlines Inc
DHI D.R. Horton
ENPH Enphase Energy Inc
FCX Freeport-McMoRan Inc
FITB Fifth Third Bancorp
FTNT Fortinet Inc
GE General Electric Co
GIS Genl Mills
GM General Motors Co
HAL Halliburton Co
HD Home Depot Inc
IPG Interpub Grp Cos
IR Ingersoll-Rand Plc
JNJ Johnson & Johnson
K Kellogg Co
KIM Kimco Realty Corp
KR Kroger Co
MO Altria Grp
MRO Marathon Oil Corp
NFLX Netflix Inc
NOV NOV Inc
ORCL Oracle Corp
OXY Occidental Petro Corp
RCL Royal Caribbean Cruises
ROST Ross Stores
SCHW Charles Schwab Corp
SLB Schlumberger Ltd
SYY Sysco Corp
TGT Target Corp
TJX TJX Companies
UAL United Airlines Hldgs Inc
V Visa Inc
WMT Walmart Inc
XOM Exxon Mobil

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

CVS CVS Health Corp
ED Consolidated Edison
ETR Entergy Corp
FCN FTI Consulting
LIVN LivaNove PLC
PEG Pub Svc Enterprises Gr Incorp
PPC Pilgram's Pride Corp
VZ Verizon Communications

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.