Hubert Senters here.
I had a question from a viewer about how to use the power shift and the bull and the bear ratios. I don’t mess with them in my set-up. I may have a slightly different indicator. I use it for threshold point and I link to 14.
And then as far as like the general or the style and stuff, threshold, bullish power, bearish power, trend speed. I don’t really mess with that stuff. Here’s how I use it.
If you got more green that means bulls are in control. It’s probably going to go higher. If you have more red than green like back here. It usually means that the bears are more in control and the bulls are not in control.
I mean you can see right here that you have red on top and green on the bottom but you still have more green than you have red. So in this case scenario I would say that this would be just the pullback but the bulls that’s how I use it.
In this case scenario, the bulls are in control. And you got a little bit of bearish in here like it’s sold off to them right there. But it haven’t quote out paste just a little bit. You got a little bit more red than you have green.
Let’s just say you have a dot of red and what I’m looking for is 50/50 ratio like that that means about a steel made. Here you’d see obviously the bears went in control and then they grabbed and pushed in lower then the bulls came in here but it got in control and then they pushed it higher.
So when something like Apple I would use it as a rotational place so right now really bullish, a little bit of bearish, step back here and buy like today it was a little bearish.
It’s probably going to sell off a little bit but it’s more about the buying opportunity for Apple than a selling opportunity. In my opinion it’s above the cloud and you got more bullish control than you have bearish control.
Hopefully that helps you out. I know a lot of you will probably want to buy this thing after I showed you this. I was really doing it as a way because someone had a question. But Sarah didn’t have a link. Let me grab the link.
If you’re interested in buying this it comes with a workshop on how to identify trends and trend reversals and you’ll also get the indicator that works on several different platforms.
I’m going to HYPERLINK you to the shopping cart if you want to buy it great and if you don’t want to buy it that’s great too. I don’t really care.
Good luck. Hope it helps. See you on the next video.
Hubert.
