Hubert Senters here.
Let’s take a look at Goldman Sachs. Symbol is GS so it moved down $3.85 percent or $8 and there’s an old adage on Wall Street so goes Goldman so goes the market as you can see Goldman’s been kind of sideways and then a little I call it a box of pain when they just do this sideways mumbo jumbo stuff which is hard to trade.
And now it rolled over below the turning line which implies and the turning line is a little yellow line there on the chart. Let me remove this yellow box. I’m color blinding myself here. The yellow line is the turning line. Next target will be the standard line obviously at $198.24.
And then if the top of the cloud does not hold it it’ll probably go back down here to its most recent low at $186 and could drift as low as $177 so be on the lookout for the rest of the market to get a little soft and mushy and you know how to play that, right.
You either get out of your longs or you trail your stop-losses or you short some stuff. I’m going to HYPERLINK you to a trial page that you can take a trial of the HSIC which stands for Hubert Senters Inner Circle when you do that you can sign up for 30 days for $7 and if you like it keep it. And if you don’t like it don’t keep it. It’s really simple.
What you get here are some of the major benefits you get. You get a member video which I cover. What I’m looking at, what I’m trading, when I’m making money, when I’m not making money on it. And then also we do live trading room on Tuesday mornings for day traders and then for the swing traders we do technical Tuesday, Tuesday at 8PM EST where we scan all the futures markets and all the stocks in the S&P 500 for new scans and picks and you also get special discounts on some products and some services up to 50 percent.
I’m going to HYPERLINK you to the page if you’re interested in that type of thing go ahead take a trial no obligation whatsoever. $7 for 30 days. Obviously, it’s going to cost you $7 and then if you like it you will be re-build at the rate of $97. If you don’t like it don’t keep it. You can cancel it. All you have to do is send an email to email@example.com. You can also call the office. Let me post the telephone number so that you will have that that telephone number is area code (859) 963-3445.
Good luck. Hope it helps. And I’ll see you on the next video.