TRADING TIPS

NASDAQ Bouncing, but Bears Still in Control

Hubert Senters here. Let’s take a look at the Nasdaq so we’ve got a buy signal off of the cloud. But we’ve still got the bears that are in control and we don’t have a buy on the parabolic yet. But on the smaller timeframes on the cloud like the 60. It got a buy signal over here as you can see right there. That means it’s probably going to bounce for three to five days. And obviously it had an intraday buy on Friday but we don’t have the bulls in control here. When the red line down here is above the green line it means the bulls are still in control. It’s probably going to bounce maybe $11,554 and then we could potentially roll back over and go back through the cloud so obviously you can see if like you line up the sell signals. Like it had a sell signal here one and then here two and then here three so you’ve got all the sell signals at the potential one day after the topping bar. I’m not seeing all the buy signals yet. But it could develop over the next two or three days so just be patient. If I get a buy signal I’ll let you know. I’m going to be doing a special webinar called ”The Mother of All Bubbles” because this is what is the potential of being folks. This sell off after covid in this massive bounce we’ve got. Now, we’re rolling over. We could have a double dip. I’m going to walk you through how you can figure out if it’s the mother of all bubbles or if it’s just a regular pullback. And I will be doing that September 30th, 2020 at 8PM EST. I believe that’s on a Wednesday. Yeah, Wednesday September 30th at 8PM EST. Good luck. Hope it helps. And I’ll HYPERLINK you to this page. Hubert.

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