Hubert Senters here.
Let’s take a look at the S&P 500 on the daily. Obviously everything got smoke today. I’m going to teach you how to find this stuff before it happens.
Now, I’m not going to say that this technique is going to show you every time there’s a crash but I will tell you what this is useful for and good for is telling you when you’re going to get a three to five-day sell off or a three to five-day run up.
So first what you’re looking for is you have to have something that’s in a massive uptrend or downtrend we’ll use our example as a massive uptrend. And then you can see it starts to go below the turning line.
Our best common sense guess would be like it was probably going to go to the standard line and go from the yellow to the purple and then bounce off there. You wouldn’t think it would drop that quick. That’s why this is very uncommon but what you do is you just cheat, what you do is you use a 60-minute chart and you sneak in here and then you zoom in and by just having the cheat sheet right here, you see it right.
That’s an hourly sell off. So this is a 60-minute chart. When you have an hourly sell off that’s usually good for three to five days of more downward motion. So that’s day one, there’s two, there’s three, there’s four and there’s your fifth day. And then it’ll start working its way back to the cloud.
So make sure that you are doing both scans for both the daily above or below the cloud and both the 60-minute above or below the cloud because that will help you time your entries better.
Good luck. Hope it helps. And I’ll see you on the next video.
Hubert.
