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

ALB Albemarle Corp
ALLY Ally Finl Inc
BAX Baxter Intl Inc
BRK.B Berkshire Hathaway'B'
C Citigrp Inc
CFG Citizens Finl Grp Inc
COF Cap One Finl
CSGP Costar Grp
DOW Dow Inc
EXC Exelon Corp
FAST Fastenal Co
FDX FedEx Corp
FE FirstEnergy Corp
FOXA Twenty-First Century Fox Inc A
GIS Genl Mills
IRM Iron Mountain Inc REIT
JPM JPMorgan Chase & Co
KDP Keurig Dr Pepper Inc
KHC The Kraft Heinz Company
KMX CarMax, Inc
LOW Lowe's Cos, Inc
MET Metlife Inc
MGM MGM Resorts Intl
MS Morgan Stanley
OKE Oneok Inc
PEP Pepsico Inc
SCHW Charles Schwab Corp
STT State Street Corp
SYF Synchrony Finl
TFC Truist Financial 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

COST Costco Wholesale Corp
NOC Northrop Grumman
PANW Palo Alto Networks Inc
PG Procter & Gamble Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.