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

ADM Archer-Daniels-Midland
AIG Amer Intl Grp
APA APA Corp
BAC Bank of America Corporation
BKR Baker Hughes a GE Co Cl A
BWA Borg Warner
CAG Conagra Brands Inc
CLF Cleveland-Cliffs Inc
CPRT Copart Inc
CVX Chevron Corporation
DD DuPont de Nemours Inc
DIS Disney (Walt) Co
DOW Dow Inc
EBAY eBay Inc
EW Edwards Lifesciences Corp
EXC Exelon Corp
FIS Fidelity National Information
GM General Motors Co
GPS Gap Inc
HRL Hormel Foods Corp
K Kellanova
KR Kroger Co
NDAQ NASDAQ Inc
NEE NextEra Energy Inc
ORCL Oracle Corp
PYPL PayPal Hldgs Inc
RCL Royal Caribbean Cruises
SLB Schlumberger Ltd
TGT Target Corp
UDR UDR 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

AAPL Apple Inc
ICE Intercontinental Exchange Grp
V Visa Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.