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

AER Aercap Hldg NV
AXP American Express Co
BP BP P.L.C. ADS
CNHI CNH Industrial N V
COTY Coty Inc
FISV Fiserv Inc
FTI TechnipFMC plc
ING ING Grp ADS
IPG Interpub Grp Cos
MFC ManuLife Finl
MS Morgan Stanley
PAA Plains All American Pipeline
PR Permian Resources Corp
RCL Royal Caribbean Cruises
SHEL Shell PLC
SLB Schlumberger Ltd
TECK Teck Res Ltd Cl B
UBS UBS Grp Ag
VLO Valero Energy
VRT Vertiv Holdings

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

NONE

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.