I will cut through all the crap because my video is very long and I rather you spend that time reviewing some stocks. 

Lets make it a continuous feature for these weekly post to make a small market call or "What I would Like to See Segment" 

for example.

This up coming Monday I am seeing the 60 Minute stochastics as a small issue. In one way we need the 60 minute to show a very strong signal and being embedded for a few candles will help fuel the argument that the daily is starting it's cycle back up. Then we need to also respect the 60 as it has been steadily trending down on each rotation. Because of the Daily and the Weekly are in synch and look ready to start it's next higher phase I will be taking the side of this being a correction in a larger uptrend and a very healthy and needed one.

I don't like the 60 min here and "would like to see a gap up Monday to sell into and maybe increase a small hedge. The gap up would get us closer to some levels I like above for a true test of the market. I want to also work out what is that magic market level where everyone again switches to everything is perfect and we are going to new highs. I have a hard time believing that will happen soon but a small piece of me keeps saying i've seen it before.

This weeks Video is longer then usual but i go into a nice segment on researching and finding patterns and I discuss the Wedge Pattern in detail What it is is and how to trade it.

That segment starts 55 Minutes before that is the HPS Research

The members HPS Video can be found here