Hubert Senters here.
Let’s take a look at Monster Energy Drink. I’m doing this video. I used to do them at the end of the day but I’m going to like so I’m doing them early in the morning for you all.
Monster Energy Drink breaking above the cloud. It had a nice little sell off right here and usually that’s a good sell off indication and it’s swapped.
So we have mister hide situation on this one. So now, a bracket trade would be setup if this thing keeps its range which is probably won’t because it will probably expand a little bit.
But all you’re going to do is bracket trade that above $95.90 would be a decent long. Below $93.96 would be a decent short with a target of about $92. And your high side target would be around $98 to $100.
It’s about to happen again folks. It’s just a matter of time sooner or later the markets going to sell off now.
I hate it that there are guys that have been saying that the Dow is going to sell off to $2,000 or $4,000 for the past 20 years and then take credit for it after they’ve been wrong for 18 to 20 years.
We had a good run. A good little bull market for the past 11 years. That’s solid. It’s a huge move.
In my opinion it’s going to retrace quite a bit in the future and timing is always really important and I couldn’t tell you if it’s the next two weeks, the next two months or the next six months.
But I do believe it’s going to happen so I’m going to be doing a special webinar to help get yourself prepared for the coming doom and gloom.
The Mother Of All Bubbles Saturday, August 7th at 10AM EST. First name, email address and mobile telephone number if you want me to send you an audio alert and a text alert.
Good luck. Hope it helps. See you on the next video.
Hubert.
