Well Friday is behind us and I had to get back into the office to update next week's watch list and make some observations on the overall market. Everything this is in the Video and its less then 30 Min But I have the Best Bets outlines and added new setup for Early in the week. The Video is the second video down on the page.

http://daytradingradio.com//10for1000

Oil felt pressure overnight ahead of an anticipated report from the International Atomic Energy Agency. The agency was expected to issue a statement asserting that Iran complied with an agreement to restrict the country's nuclear program. This report is expected to pave the way for oil export sanctions to be lifted. This report was not delivered as of the closing bell, but it is expected to be released on Saturday. Nevertheless, oil was hammered below the $31.00/bbl price level, which weighed on global equity indices. WTI crude would end the day lower by 5.7% at $29.45/bbl, which represented the first close below $30.00/bbl in twelve years.

The Question is when the news comes out over the weekend will this be priced in for Mondays Crude trade. Seeing some support on select OIl stocks and would not count out a good bounce into the news of Iran. Thats right  A bounce into the news early next week. This is a classic sell the rumor Buy the news event that was seen on Friday.

Earnings Season start picking up next week....

The Intraday charts have been pretty behaved with our core patterns we watch  showing up pretty clear. I would use this to remind you to watch for these important patterns 

1.Wedge patterns (Rising and falling)

2. Flags

3. Channels

and any of the HPS Playbook Patterns

http://zone.daytradingradio.com/forumdisplay.php?73-DayTraderRockStar-s-Playbook

I really like this week's Best Bet and looking to add to it 

DTRS