Hubert Senters here.
Let’s take a look at ABBV. Now, heads up on this particular bracket trade since this has done this before it may do it again and this is pretty common when they will gap down like this and then they’ll consolidate for a long time and then the next shoe will drop.
So just being just heads up, you may have to be in this on a little bit longer than you think you need to be in it but if you were let’s say you shorted it at this first potential break down of $79 then you had taken a little heat all the way up to $85 and then you woke up this morning and it’s $65. You’d be very happy. So just I’m just warning you on this.
If it does do that your potential bracket trade that may goes it’s a good size gap long above $70.71 and I’m doing this video before the market closes its 3:27 so it might be slightly lower than this is this thing’s pushing just a little bit lower as I’m doing this video. $65.78 or whatever the low of today ends up being.
Mark Helweg is doing a special webinar on ‘’How to Potentially Predict Big Swings in the Markets Using Nature’s Own Golden Ratio.’’ Wednesday, June 26th at 8PM EST. I will HYPERLINK you to this registration page.