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

ACM AECOM
AES AES Corp
ALL Allstate Corp
BAC Bank of America Corporation
BHP BHP Billiton Ltd ADR
HCA HCA Healthcare Inc
HSIC Henry Schein Inc
ICE Intercontinental Exchange Grp
M Macy's, Inc.
ROST Ross Stores
SPOT Spotify Technology SA
SRC Spirit Realty Cap Inc
VLY Valley National Bancorp
YUM Yum! Brands Inc

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

SJT San Juan Basin Rty Tr

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.