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
AEO American Eagle Outfitters Inc
ANF Abercrombie & Fitch Co'A'
AZEK The AZEK Co Inc
DAL Delta Airlines Inc
ESI Element Solutions Inc
EXTR Extreme Networks
IR Ingersoll-Rand Plc
KRC Kilroy Realty Corp
MTCH Match Group Inc
NUE Nucor Corp
NWSA News Corp Cl A
PH Parker-Hannifin Corp
RADI Digital Landscape Group Inc
ROST Ross Stores
SWK Stanley Black & Decker Inc
TDS Telephone & Data Systems Inc
UPWK Upwork 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

DTE DTE Energy
DUK Duke Energy Corporation
NI Nisource Inc
SO Southern Co Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.