So much has happened in the markets over the last 2 weeks. Most of the commentary about the markets have been focused on the strength and range of the move off the recent lows. I have to agree that the strength has been impressive, but in no means unbelievable. In fact after scanning through over 500 stocks and indices the main conclusion here is that we will see higher prices. Now with many stocks extended into overbought territory It need to be said that there could be some consolidation and small pullbacks. The video goes over a lot. Both longs and shorts and a new wedge pattern which I love to get into this week.  The second half of the video goes into detail on why I can see this market going higher and the reason I might get out of my hedge. That reasoning comes from the great weekly charts that are now getting extremely bullish. I also identify at least 3 Lane divergences on the weekly time frame, something i don't pay attention to as much but not that I see them I am curious to follow them and possible take some position based on them.

There is a lot on the video hope you enjoy it

This weeks Video can be found here

I really enjoyed looking for the 1 min Lane Divergence's on the es futures chart Thursday and Friday and I will continue to identify these and begin boxing them out on the chart. along with the Dual Stochastic Flags setup.

Here are some snapshots of those setups

This looks like a great short setting up.

Below is an example of the set up in CLX and Below that is the Current CLX setup

About mid point in the Video I discuss why it's so important to have a system and to recognize when you step outside those boundaries. Its just a heart felt talk about trading and how we all need to find our own way.

Make sure you way is logical in approach and has a good history of success behind it and most likely we will all meet on the same path which is the best path.

DayTraderRockStar