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

ADP Automatic Data Proc
AVY Avery Dennison Corp
AZTA Azenta Inc
CALX Calix Inc
CE Celanese Corporation
CHRD Chord Energy Corporation
CSCO Cisco Systems
CTLT Catalent Inc
FAF First American Finl Corp
FDS FactSet Research Systems Inc
FFIV F5 Inc
FLR Fluor Corp
FLT Fleetcor Technologies Inc
GPN Global Payments Inc
IRM Iron Mountain Inc REIT
J Jacobs Solutions Inc
MTSI MACOM Tech Solutions
PNR Pentair Plc
PTC PTC Inc
R Ryder System
ROP Roper Tech Inc
RRX Regal Rexnord Corp
SLB Schlumberger Ltd
TPX Tempur Sealy Intl Inc
WST West Pharmaceutical Svcs
WWD Woodward, Inc.
XPO XPO Inc
YETI YETI Holdings Inc
ZTS Zoetis 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

ADM Archer-Daniels-Midland
AEE Ameren Corp
BF.B Brown-Forman Corp Cl B
BMY Bristol-Myers SQUIBB
CAH Cardinal Health Inc
CI The Cigna Group
CMS CMS Energy
CNP Centerpoint Energy
CPB Campbell Soup
DHI D.R. Horton
DTE DTE Energy
DUK Duke Energy Corporation
EA Electronic Arts, Inc.
ED Consolidated Edison
EIX Edison Intl
ES Eversource Energy
ETR Entergy Corp
FE FirstEnergy Corp
FTNT Fortinet Inc
GM General Motors Co
GS Goldman Sachs Grp
LEN Lennar Corp A
LNT Alliant Energy Corporation
LYV Live Nation Entertainment, Inc
MCD McDonald's Corp
MGM MGM Resorts Intl
MO Altria Grp
NEE NextEra Energy Inc
NEM Newmont Corp
OGE OGE Energy Corp
OKE Oneok Inc
PCAR PACCAR Inc
PEG Pub Svc Enterprises Gr Incorp
SMCI Super Micro Computer Inc
SO Southern Co Inc
SRE Sempra Energy
SYY Sysco Corp
WEC WEC Energy Group Inc
WTRG Essential Utilities Inc
XEL Xcel Energy

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.