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

ACI Albertsons Cos Inc
ALLY Ally Finl Inc
AXP American Express Co
BAC Bank of America Corporation
CMA Comerica Inc
COF Cap One Finl
FIS Fidelity National Information
GPK Graphic Packaging Hldg Co
GPS Gap Inc
HOLI Hollysys Automation Tech
IVZ Invesco Ltd
KEY KeyCorp
KSS Kohl's Corp
MFC ManuLife Finl
OMF OneMain Holdings Inc
SCHW Charles Schwab Corp
SRC Spirit Realty Cap Inc
USB US Bancorp
WFC Wells Fargo & Company
ZION Zions Bancorp

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

AON Aon Plc / Ireland

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.