Hubert Senters here.

Let’s take a look at MMM. It’s got a nice little gap down situation. We do not care which way it goes. All of this one will probably go lower because it is not having a good September.

It did have a good August the one we’re talking about so it’s pushing lower. You got a bracket trade. This is super simple so anytime you’re doing gaps you can read both candlesticks and stuff like that.

But there’s a lot of fear and greed pent up and that little gap. The way chart works and candlesticks and that’s an open window and that window wants to be closed unless it continues to go the down side.

So all you have to do is don’t overthink it because if you ever think it you’re going to mess up. Trust me. I know.

If you just do a bracket trade and go if it trades above or goes above $181.36 I will get long with a stop off $179 and my target would be $186.

If it trades or goes lower than $179 you will short that. Your stop will be $81 and then you’re going to have to back up the chart just a little bit and figure out where there’s decent support that you can target.

And in this case scenario, that is a weekly chart. There’s some decent support down around $165.

Mark Helweg is having a special webinar Sunday, September 19th at 7PM EST. Heads up, full disclosure I am the first angel investor in this company.

I originally it’s either $60,000 or $80,000. I’m going to have to ask because I don’t remember how much it was.

But I am an angel investor in this company which means full disclosure I am in it. The webinar is to show you guys what trade off is about.

The title of the webinar is Why This Startup Could Overtake Robinhood And how you can Invest with us if you’re an accredited or a non-accredited investor.

We’ve got it available from both parties. Go check it out. It is Sunday, September 19th at 7PM EST.

Good luck. Hope it helps. See you on the next video.

Hubert.