TRADING TIPS

Apple and SPY Targets

Hubert Senters here. So it is time to start potentially making a little bit of a shopping list.  Heads up, I don’t think the bottom is in for sure. I think we’re going to rally up a little bit and we’re going to rollback over because we’re nowhere out of the woods yet. Let’s take a look at Apple. You got a low day here. And then you’re above the turning line. Probably north of $268. We’re looking at the SPY and you can see this it’s probably going to go to like $278 and if I’m using the tick trader here, here’s a few signs that I’m seeing so. Obviously, the other day or day for yesterday we had back here we had some buying at 1. Overall yesterday was AM was up and then the PM would start seeing some weird stuff that day. Last part of the day this morning we started out negative according to the tick and then we went positive and then here right in the close we went a little negative just because we have a little profit taking. So we’re probably going to get a little bit of follow through it’s probably not going to be a ton though. Don’t be hook in your train to the bull market that’s about to happen because we’re not out of the woods yet. We have dropped a lot and if we look at the SPY on a daily. Let me whip back over here on a daily. If you did the same thing that I do on Index Futures and you go from high to the low. It’s probably going to go right there to $278.55. Mark Helweg is doing a special webinar tonight on ‘The Secret NYSE Indicator that Predicted the Corona Selloff!’ tonight at 8PM EST. I will HYPERLINK you to the registration page. Good luck. Hope it helps. See you on the next video. Hubert.

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