. The Week ended in good fashion as we stayed within reach of all time highs in the S&P. The markets seemed unfazed with even the violent turmoil happening in Kiev and around the world. The markets is at peace with the taper and The Fed seems to feel everything is progressing albeit at a slow pace. What is in the future and what  will give this market reason to correct or lets say pull back enough to feel comfortable not asking that question. I don't have that answer but i know how to profit in this market. As long as things are like "this"  Then i want to continue taking advantage of quality names only when they enter HPS zones. Those zones come around in time, but the key word there is time, you have to wait for them. If they are not in the zone and you trade them, you could do fine but you will not have that added area of that combined and converging areas or interest that each alone is reason to take notice but when grouped together (3+ out of 5) You have boosted your probability of success greatly. 

I realized today early in my research session that it would be hard to find pure HPS's. The reason is... it's just the area of the market is in currently. Its kinda pinned against the highs. Understanding this is great as Patients and discipline are easy to talk about but another story trying to practice what you preach. I dug deep this week and came up with some gems, but the picking was small this week but that comes with the market. Understanding that..is an indicator in itself!

 So after all that I love this week's watch list!  I have 3 best bets and a great flag in $ATK that i don't know enough about to put in in the HPS site. But I go over many flags that have formed this week. I also have a Chart Bounty Stock which is one of the best bets for the week and finally some great education on HPS's and reversal candles

Hope everyone has a great weekend

See you Monday Morning

You can View Video here 

HPS Site

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