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

CAT Caterpillar Inc
DINO HF Sinclair Corp
EIX Edison Intl
FANG Diamondback Energy Inc
HES Hess Corporation
HIG Hartford Finl Svcs Grp
LH Laboratory Corp Amer Hldgs
MPC Marathon Petro Corp
PBF PBF Energy Inc Cl A
SLB Schlumberger Ltd
VLO Valero Energy
WDC Western Digital

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

ADM Archer-Daniels-Midland
ADP Automatic Data Proc
AEE Ameren Corp
AEP Amer Electric Pwr
BAX Baxter Intl Inc
CF CF Industries Hldgs Inc
CL Colgate-Palmolive Co
CSX CSX Corp
DGX Quest Diagnostics
DXCM DexCom Inc
ED Consolidated Edison
EMR Emerson Electric Co
ENPH Enphase Energy Inc
ES Eversource Energy
HAS Hasbro Inc
HRB Block (H&R)
HRL Hormel Foods Corp
HSY The Hershey Co
ISRG Intuitive Surgical
JNJ Johnson & Johnson
KDP Keurig Dr Pepper Inc
KO Coca-Cola Co
KR Kroger Co
LNT Alliant Energy Corporation
MMM 3M Co
PAYX Paychex Inc
PEP Pepsico Inc
PG Procter & Gamble Co
RUN Sunrun Inc
SCHW Charles Schwab Corp (The)
SFM Sprouts Farmers Mkts Inc
SHW Sherwin-Williams
SO Southern Co Inc
TECH Bio-Techne Corp
UNP Union Pacific Corp
WBA Walgreen Boots Alliance Inc
WEC WEC Energy Group Inc
WMT Walmart Inc
XEL Xcel Energy
XYL Xylem, Inc.

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.