Hubert Senters here.
Let’s take a look at JD. You might be able to sneak in this one as early as next week so let’s kind of break it down here.
So you’ve had a solid. Let’s go back in time a little bit here monthly. You’ve had a nice little monthly run up with a pullback to the standard line.
The yellow line is called the turning line. The purple is the standard line. It looks like it’s going to do a monthly slingshot.
It’s going to have to go to $87 first. It’s only priced at $78. The job we’re going to do here mission if you choose to accept it is to sneak in there early and here’s how we’re going to sneak in here early.
So we’re going back to a daily. So we’re going through the cloud. It’s got a little nice momentum with it.
The ADX is at $15 and climbing towards $20 so Monday would be a decent long because you already got a bracket trade here and potentially next week it’s going to go above that $80 that you need.
Now, where is it going to go after that? I believe it’s going to go right here. It’s going to go from this most recent high to this most recent low to about $87 to $92. But it can always go a little bit higher than that and keep on cruising and take out $108.
If you want to know more about technical analysis and how I do all of these wizard tree looking at chicken bones and tea leaves in order to predict the market a little bit better.
We’re going to be doing a live webinar tomorrow at 9AM EST. I’m going to HYPERLINK you to the registration page.
Good luck. Hope it helps. See you on the next video. Actually, I said that wrong by the time you’re receiving that video you’re watching it on Saturday. It’s going to start at 9AM EST on Saturday so I was incorrect. What I said earlier I am wrong.
Hubert.
