Monday will be a test for a lot of market analyst. Fridays reversal was a surprise to most, predicted by a few and forecasted by the same divergence we had on Wednesday. After all the smoke has cleared the Dow had moved off its lows over 450 points making it the biggest reversal in 4 years.
Technically it has all the ingredients of a further push higher from here.
Those ingredients are all discussed in the first part of this week's HPS video.
I will post here the nice 60 minutes key divergences we had this week that add to the upside calls'

This one above is on the SPX (S&P500) and the one above is on the $ES_F (Es Mini)

If you are new to this methodology hang in there as these will become clearer with experience.
This also happened in a way it might not be as visible until the reversal was already started.
But never the less it was there and adds to the argument of a further push higher early next week.
This weeks HPS Video going over a lot of stocks to many to do individual videos on each of them so I wrote out the time line on many of the stocks incase you want to jump to one and not have to bother finding it.
00:00- General market talk discussing the divergences and other indicators and the move higher next week.
16:13 -AAPL
17:10 -HP
18:00 -XOM
19:42 -OXY
22:30 -AMT
24:23 -CSX
25:53 -WFM
27:08 -CBS
29:28 -PKG ***
32:29 -ADSK
33:04 -ADM
33:20 -EAT
34:25 -JBHT
35:20 -MDRX
35:43 Stock with strong Consolidation and bases
38:13 - AKAM
This week's members Watch List can be found here HPS Watchlist


Have a Great Weekend
DTRS |