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

GFS GLOBALFOUNDRIES Inc
HPE Hewlett-Packard Enterprise Co
JNPR Juniper Networks
VLO Valero Energy

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

EQH Equitable Holdings Inc
EQR Equity Residential
ESTC Elastic NV
INVH Invitation Homes Inc
MTB M&T Bank
RJF Raymond James Finl
SLM SLM Corp
SYF Synchrony Finl
WFC Wells Fargo & Company

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.