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

ALLY Ally Finl Inc
BAC Bank of America Corporation
BK Bank of New York Mellon Corp
BSX Boston Scientific Corporation
BWA Borg Warner
C Citigrp Inc
CFG Citizens Finl Grp Inc
COF Cap One Finl
COP ConocoPhillips
CTRA Coterra Energy Inc
EQR Equity Residential
FI Fiserv Inc
FOXA Twenty-First Century Fox Inc A
GOOGL Alphabet Inc Cl A
GPC Genuine Parts
MRK Merck & Co
MRO Marathon Oil Corp
MS Morgan Stanley
NEM Newmont Corp
NVT nVent Electric PLC W/I
PM Philip Morris Intl Inc
PNC PNC Finl Svcs Grp Inc
RRC Range Resources
SCHW Charles Schwab Corp
TFC Truist Financial Corp
TRGP Targa Resources Corp
UAL United Airlines Hldgs Inc
WFC Wells Fargo & Company
WMB Williams Companies
XEL Xcel Energy

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

ABBV AbbVie Inc
BDX Becton, Dickinson
CINF Cincinnati Finl
CVS CVS Health Corp
DXCM DexCom Inc
LITE Lumentum Hldgs Inc
MMC Marsh & McLennan Companies Inc
MOS The Mosaic Co (New)
REG Regency Centers
SJM Smucker (J.M.)
SWK Stanley Black & Decker Inc
SYNA Synaptics Inc
UHS Universal Health Svcs

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.