Basically this is looking again like a standard pullback on the spx. You can definitely see the flag pattern both on the daily and the 60 min time frames. In fact the 60 min time frame was right on target to call today's bounce not to mention a perfect channel line bounce and Support pivot being touched all at the same level. A true HPS set up.

The Daily Stochastic is bearish and will be watching any cross back down on the 60 as a sign of a failure of this flag.

Would like to see a full rotation back up to overbought levels on the 60. Any breakdown would have me expecting a bigger pull back.

These next stocks are the best bets going into the end of the week, and will probably continue to be in focus for me into next week.

(AKAM) See the daily stochastic really showing strength. I love this stock long term but the profit is getting big and will probably take it off if we get a nice pop tomorrow.

(JNJ) Just a rockstar type of chart and company.Breaking out of a consolidation and looks great for continued upside with a nice stop under 102.50. But i don't even seeing a pull back back into the consolidation.

(LBTYA) Looks fantastic and picked it up today. We have some great candles setting up in DO , and RIG and also GTLS but I like LBTYA as the best bet of the bunch.

(LVS) Another Coiled Stochastic Channel Breakout setting up, Base is nice here and would expect a move within the next 2 days.

All the pieces are there. Lets see how it ends up

See you tomorrow morning 

DayTraderRockStar