and the beat goes on... and on...and..

Here is this week's Watch List video: Members watch here

Even though I was working on the watch list all day I was able to participate a lot too. Today there was a very good feeling to the market and that feeling is starting to spread a bit. This is just an observation on my part, but it does remain important to see some of the external signs that are related to the market. There are some targets that people will throw out there on where they see this market going before a "normal" correction. This is not what i want to do and can't think or a more stressful event then trying to pick and trade a top in this market.

What I want is a confirmation..I want a further move up and actually start to see some euphoria then a "Type your guess here"______ percent pullback. Then a nice bounce back up but not being able to take out the recent high. Simple and more reliable then picking a top. I will make it even easier, look for this pattern 

This pull back was not the top in the market but represents a better size retracement and better opportunity to profit on the down side.

You know what is great about this watch list?  It's the ability to find HPS play way before they trigger and that feeling alone knowing it's just a matter of time before we get a healthy rotation back into a buy zone and take the trade. I see them in YUM and CAB and many many others. So going forward this is called The money in the bank trade. 

Here's one that is setting up for a future trade. 

There so much more but its on the video and I am done for the week. 

oh yeah last weeks Kick Ass Trades performed perfect. Looking to take profits this week. 

If you would likes these types of alerts delivered to you each week. The HPS method is it. Each set up outlined and defined for you. Alerts delivered to your email and disseminated in trading room and trade alert box on your dashboard. Lock in your 29.95/month price.

Prices to go up end of the year (this does not effect current subscribers)

Try out a 2 week free trial and experience all the benefits of daytradingradio.

more benefits to being a member here

Have a great Weekend

DTRS