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

ABBV AbbVie Inc
ABT Abbott Laboratories
AEP Amer Electric Pwr
AMAT Applied Materials
AMD Advanced Micro Devices Inc
BSX Boston Scientific Corporation
CMCSA Comcast Cl A
CSCO Cisco Systems
CSX CSX Corp
CVS CVS Health Corp
DOW Dow Inc
FCX Freeport-McMoRan Inc
GILD Gilead Sciences
IBM Intl Business Machines Corp
IPG Interpub Grp Cos
JPM JPMorgan Chase & Co
KHC The Kraft Heinz Company
KO Coca-Cola Co
LUV Southwest Airlines Co
M Macy's, Inc.
MCHP Microchip Tech
MDLZ Mondelez Int'l Inc Cl A
MGM MGM Resorts Intl
MS Morgan Stanley
MSFT Microsoft Corp
NEE NextEra Energy Inc
NEM Newmont Corp
NFLX Netflix Inc
NI Nisource Inc
NKE Nike Inc Cl B
NVDA Nvidia Corp
ORCL Oracle Corp
PEP Pepsico Inc
SBUX Starbucks Corp
SLB Schlumberger Ltd
SO Southern Co Inc
TXN Texas Instruments
V Visa Inc
WMT Walmart Inc
X U.S. Steel Corporation

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

AR Antero Resources Corp
CRL Charles River Labs Intl
EQT EQT Corp
PBF PBF Energy Inc Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.