A great HPS watchlist is out for next week that focus on 3 best bets and many others that are now set up to move. One thing I noticed is that we had many candidates show up in my research. Normally I can find a few pure divergences each week, but this week there was twice as many as usual. When this happens the market pivots and makes a new move higher. News again will be a major factor but you can already feel the effect of last week’s news items starting to wear off. The market radar calls for a move higher and unless there is some distracting development I would expect us to make a move to new highs.
and this Week’s Market Radar
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