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

AEE Ameren Corp
AON Aon Plc / Ireland
ED Consolidated Edison
EXC Exelon Corp
FHI Federated Hermes Inc
GILD Gilead Sciences
NARI Inari Medical Inc
NBIX Neurocrine Biosciences
PNW Pinnacle West Cap Corp
RLI RLI Corp

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

AIG Amer Intl Grp
AMAT Applied Materials
AR Antero Resources Corp
ARMK Aramark
BAC Bank of America Corporation
BEN Franklin Res Inc
BK Bank of New York Mellon Corp
BKR Baker Hughes a GE Co Cl A
CARR Carrier Global Corp
CAT Caterpillar Inc
CFG Citizens Finl Grp Inc
COP ConocoPhillips
CTLT Catalent Inc
CVS CVS Health Corp
DAL Delta Airlines Inc
DD DuPont de Nemours Inc
DHR Danaher Corp
DOW Dow Inc
FCX Freeport-McMoRan Inc
GLW Corning Inc
GM General Motors Co
HAL Halliburton Co
MET Metlife Inc
MRO Marathon Oil Corp
MTCH Match Group Inc
NJR New Jersey Resources
ON ON Semiconductor Corp
OZK Bank OZK
PB Prosperity Bancshs Inc
RCL Royal Caribbean Cruises
SCHW Charles Schwab Corp
SLB Schlumberger Ltd
TFC Truist Financial Corp
TSLA Tesla Inc
TXN Texas Instruments
UAL United Airlines Hldgs Inc
USB US Bancorp
WFC Wells Fargo & Company
WRB W R Berkley Corp
WY Weyerhaeuser Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.