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

ALLE Allegion plc
BF.B Brown-Forman Corp Cl B
FANG Diamondback Energy Inc
FFIN First Finl Bankshs Inc
FLS Flowserve Corp
FR First Industrial Rlty Tr
INGR Ingredion Inc
MDT Medtronic plc
PCTY Paylocity Hlldg Corporation
RYN Rayonier Inc
TTC The Toro Co

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

AAPL Apple Inc
AFL AFLAC Inc
APD Air Products & Chem Inc
AXTA Axalta Coating Systems Ltd
BG Bunge Global SA
CCK Crown Hldg
CMCSA Comcast Cl A
CSCO Cisco Systems
DD DuPont de Nemours Inc
EXPD Expeditors Intl of Washington
EXPE Expedia Grp Inc
FDX FedEx Corp
FMC FMC Corp
HON Honeywell Intl
HPQ HP Inc
HRL Hormel Foods Corp
INCY Incyte Corp
KHC The Kraft Heinz Company
KMB Kimberly-Clark Corp
LW Lamb Weston Hldgs Inc
MMM 3M Co
MOS The Mosaic Co (New)
MUR Murphy Oil Corp
NDAQ NASDAQ Inc
PM Philip Morris Intl Inc
PNW Pinnacle West Cap Corp
ROL Rollins Inc
SLB Schlumberger Ltd
TER Teradyne Inc
UPS United Parcel Service Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.