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

AJG Gallagher (Arthur J.)
AXP American Express Co
CACI Caci Intl Inc
CAT Caterpillar Inc
FCX Freeport-McMoRan Inc
FMC FMC Corp
HAL Halliburton Co
HWM Howmet Aerospace Inc
JPM JPMorgan Chase & Co
KMPR Kemper Corp.
L Loews Corp
LVS Las Vegas Sands Corp
LW Lamb Weston Hldgs Inc
MPC Marathon Petro Corp
MTDR Matador Resources Co
NEM Newmont Corp
NOV NOV Inc
OLN Olin Corp
PBF PBF Energy Inc Cl A
RE Everest Re Grp
TJX TJX Companies
VLO Valero Energy
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

ADP Automatic Data Proc
ALE Allete Inc
BAX Baxter Intl Inc
CALX Calix Inc
CBSH Commerce BancShs Inc
CW Curtiss-Wright
ETR Entergy Corp
GBCI Glacier Bancorp
GPC Genuine Parts
HALO Halozyme Therapy Inc
IBM Intl Business Machines Corp
ISRG Intuitive Surgical
JNJ Johnson & Johnson
LHCG LHC Grp
LNT Alliant Energy Corporation
MMM 3M Co
NARI Inari Medical Inc
NDAQ NASDAQ Inc
NSP Insperity Inc
OPCH Option Care Health Inc
PFE Pfizer Inc
PPC Pilgram's Pride Corp
RPM RPM Intl
SAIC Science App's Int'l Corp
SFM Sprouts Farmers Mkts Inc
SMCI Super Micro Computer Inc
WBA Walgreen Boots Alliance Inc
XYL Xylem, Inc.

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.