TRADING TIPS

NASDAQ Almost There

Hubert Senters here. Let’s take a look at the markets. So yesterday we looked at Nasdaq and Zoom. So Nasdaq is almost uup and official buy. And what I mean by that is a confirmation of confirmation. I’m going to zoom in this a little bit right here just so you can see. You can see that down here in the bottom. You got just a little bit of red on top of that green. That means that the bearish is still in control but it’s pretty close. We’ve closed above the turning line. We’ve closed above the cloud. We’ve got two parabolic SAR, support and resistance dots were headed towards the standard line. And we could potentially go towards this high. All we need is this little bit of red to be gone and be all green so we rotate from red back in the green. Now, if we look at that we can look at something like AMD. AMD here’s an example is what we’re looking for. Just a little bit of red there so you got red just a little bit and then green. And then you’re going to look for a potential higher move. So that’s we’re looking for. It’s a hurry up and waiting game at this point because it’s not official. It could potentially still roll over. We’re just waiting for that last little step to go up. Now, we’re probably safer and there’s no such thing in the markets. It’s all risks with your trading out there in the market so be careful but that’s what we’re looking at. Nasdaq potential bounce and AMD next target $84.07 and then after that probably $91. Good luck. Hope it helps. See you on the next video. Hubert.

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