HPS watchlist for week of May 23rd is released and Divergence review and results

Published: Fri, 05/20/16

First off the market radar to start. This is a look back and a look forward to next week. Things are looking pretty good after today action played out. the 60 min time frame continued to play a key role in my trading of the SPY options. I ended up buying buying into the HPS zone identified by the lower channel line, X marks the spot zone and both the 60 min stochastic oversold level combined with the 5 minute divergence 

This was a perfect setup for Fridays pop 





The market radar also goes into how this strong move puts us in good position for a breakout of the current pullback channel we are in right now

https://youtu.be/TKj5Wn-AtVc

 

 The HPS and second video that i feel is the most important can be found here

HPS watch List Members only Video

 

The second part is a review of the visual divergence set up and detailed outline on how to find them.

It will be the second video down on the list HIGHLY RECOMMENDED

 

Next week starts off quiet but I have a lot of good setups that are just poised to trigger.  

I also have a hunch we will see a upgrade of 2 in $MU,

 

DTRS