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

APA APA Corp
BKR Baker Hughes a GE Co Cl A
C Citigrp Inc
CLF Cleveland-Cliffs Inc
COP ConocoPhillips
CTRA Coterra Energy Inc
CVX Chevron Corporation
D Dominion Energy Inc
DIS Disney (Walt) Co
DOW Dow Inc
DVN Devon Energy
EQT EQT Corp
GM General Motors Co
GOOGL Alphabet Inc Cl A
HAL Halliburton Co
META Meta Platforms Inc
MRO Marathon Oil Corp
MU Micron Tech
NEE NextEra Energy Inc
NEM Newmont Corp
ORCL Oracle Corp
OXY Occidental Petro Corp
PYPL PayPal Hldgs Inc
SLB Schlumberger Ltd
TFC Truist Financial Corp
TGT Target Corp
WDC Western Digital
WMB Williams Companies
WMT Walmart Inc
XOM Exxon Mobil

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

CAH Cardinal Health Inc
POST Post Hldg Inc
UNH UnitedHealth Grp Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.