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

AEO American Eagle Outfitters Inc
CFG Citizens Finl Grp Inc
CRH CRH Plc ADS
CSX CSX Corp
EPD Enterprise Products Partners
ET Energy Transfer L.P.
HAL Halliburton Co
HD Home Depot Inc
HPE Hewlett-Packard Enterprise Co
IP Intl Paper
JPM JPMorgan Chase & Co
MPLX MPLX LP
NU NU Holdings Ltd/Cayman Islands
PAA Plains All American Pipeline
PAGS Pagseguro Digital Ltd
PPL PPL Corp
T AT&T Inc
TEVA Teva Pharm Indus ADR
TFC Truist Financial Corp
VTRS Viatris 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

NONE

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.