 from Tigris' as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tigers' Den at Discord is accessible on mobile or tablets as well, so it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. And that is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll-free at 1-877-927-6648 or internationally at 727-873-7618. Now, Larry Pezzavento. OK, folks looking good, feeling good. Merry Christmas week for everybody. I hope everybody has a wonderful week. Remember, giving is a heck of a lot more than receiving. That's what they say in the Old Bible, and I believe you have to think that's right. Speaking of giving things out, let's take a look at this E-mini S&P here over the last three days. You can see here on the left, we've got our first ABCD pattern. We'll just draw it in so the folks at home that don't understand ABCD is your AB leg. There's your CD leg, and you see it measures. Get it down here to where it's supposed to be, Bubba. It measures to 4,800, and we've been to 4,900. Oh, wow, 4,799 in a quarter. So that should be complete. But notice we have another move here from the low on Friday. There's the opening Sunday night. So if we measure that ABCD, we'll just draw that one in just for kicks and giggles. There's your AB leg right here. There's your CD leg coming in here and goes right almost to the 50% level. It measures to 47,96. So we're right in an area right now where if you sell it, you only got to risk about 10 points. The good part about this is selling it there, you could be looking at a profit objective. You're just going from the high right up here to this low right there, okay? That profit objective is 30 points. So you're risking 10 to make 30. That's what it looks like. Now this has nothing to do with moving averages or anything like just simple ABCD, ABCD patterns. That's all there is now. I'm going to regress here just a little bit because something's happened over the last couple of weeks. Well, I've been thinking about what's going to be happening into January, taking a little bit of time off. And I was chatting with 20 men about Christmas and stuff like that in the old days of drugs. So we used to have these fabulous parties at the Drexel office there at Rhode Island, Wilshire. They would have a giant shrimp. It was built like a shark or a whale or something like that. And they would fill it up day after hour the Christmas week of a fresh shrimp. But even strangers would come in and have some shrimp cocktail and they had all kinds of things, fruits and nuts and everything. Oh, just great. And the one that was running it was Jim Torneyman's, his girlfriend, the one he was living with, Margo Grant, she ran the whole thing. And she is still in the business, believe it or not. She runs these beautiful catering things for the Golden Globe Awards and the Oscars and things like that and special parties. And she only does about five or six a year, but she does a great job. But anyway, they would do that every day. We had a popcorn machine because Mike Milken was crazy about popcorn. So they had a regular, just like at Disneyland, popcorn machine that made popcorn. Anytime you wanted it, you could go in and get it and come out. It was open to everybody, but it was a private building owned by Milken himself. And not many people, strangers would come in, but a few would and they'd get their popcorn and move out. There was never, never any problem. But that month of December, folks, was the giving month at Drexel. You were expected to give some of your salary. Usually they requested 5%. Many people gave more, 10%, 20%. And it went to the orphanages in the area of Los Angeles. And of course, you got to go to visit the little kids too if you wanted to and give them presents. It was a very philanthropic organization, but boy, they made a lot of money. I don't know if you remember this, but in 1978, Mike Milken made more than McDonald's. Now think of this, folks. This is 1978, okay? Mike Milken that year made $578 million. That was 1978. Do you know what that would be in today's dollars? It would be more than $578 million. It was a great place. The problem is they got a little too greedy and that's what the problem was. Okay, I want to get to what's going on in. We, I was talking to 20 men about, you know, Drexel and he brought up Mary Rivers. Mary Rivers was a lady that was, she's in her 50, she's about, yeah, probably 55 or so. I was 45, Jimmy was, Jimmy's four years younger, but he was 41 and she came in and she said, I know how to trade silver, but I don't have any money. And I said, what do you do? She says, well, I work with astrology. Of course, that lit up Mike or 20 men's ears. He says, what do you do? She says, well, I buy silver a couple of times a month and then I sell it. And I said, okay. And well, what's the problem? Well, I don't have any money. I said, okay, I'll tell you what. I'll put $5,000 in an account and you call us and tell us when you want to buy silver and when you want to sell silver. So sure enough, she said, okay, I can do that. So I got ready pretty soon. She called probably a week later and she said, are you ready to put a trade on? I said, yes. She said, I want to buy silver at 7.28 in the morning, California time at the end and just buy it there. I said, what price? She said, just buy it at 7.28. So I said, okay. So I hang up the phone. I called the Goldberg brothers in New York and they were the ones that filled the orders for medals for, well, they did it for the folks down in Dallas. You know, the big fellows, I can't remember their names right now. I'll get it, Hunt brothers. And anyway, so I called and I talked to the older brother, Jack, and I said, I want to buy silver at 7. I gave him the New York price, which was at 10.28. I said, I want to buy it at 10.28. And he's 10.28. He says it's selling for 4.60. I said, no, Jack. I said, I want to buy it at 10.28 in the morning. And he said, oh, come on. So what are you doing? I said, well, someone wants to buy it at 10.28 in the morning. Yeah, he says, do you want a DRT? And I said, what's that mean? He said, disregard time. I said, I want to buy it at 7.28. He says, call me back at 10.28 and put a market order in. That's the only way I'm going to do it. 10.28 comes along, I buy it at the market, put a stop in. She never used stops, but I did. I put a stop, I think 30 cents away, $1,500. So just in case disaster hit. And about two and a half days later, she called back and she said, okay, sell the silver at whatever it was at that time. And so disregard price. So it was up about 15, 20 cents at the time. So it made about $1,000 back in those days was a lot of money. So I called up and put the order in and that's it. So the only way I could do this would to have an alarm clock to tell me to buy it at 7.28 in the morning. So I asked my secretary to go across the street, just to, it was Walgreens. And I said, buy me an alarm clock. So she buys one and it's one of these alarm clocks that they use in the fire department. It was so loud. And oh, it was just like an alarm at the fire department. And this story got around by the wire operator that was there. We had to put these orders in by wire. Sometimes I used a phone because I did a lot of trading, but he knew what the orders were because the confirmation would come back. And he saw it was making money. Rest of this story will be told when we return. S&P trading 47, 96 boys and girls. Last chance, we'll be right back. Tigers, tis the season for leveling up your trading skills. Basil Chapman is happy to offer all opening call subscribers a free subscriber webinar Wednesday, December 20th, 4 p.m. to 5.30 p.m. Eastern. Basil Chapman will be discussing major sectors and stocks that are coming off their lows in order to prepare your portfolio for 2024. This is a free webinar for all opening call subscribers. If you are not yet a subscriber, visit the front page of TFNN.com today to secure your spot for Wednesday, December 20th. TFNN, educating investors. Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year Award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his mastering probability newsletter. 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Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30-day money-back guarantee for all new subscribers, so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter, Market Insights firsthand. TFNN Educating Investors. TFNN has just launched their new trading room, the Tiger's Den, hosted at Discord. 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Toll free at 1-877-927-6648, internationally at 727-873-7618. Okay, folks, I'm finishing the story about Mary Rivers. She was a lady that I traded for at Drexel and she traded by Silver. We were just talking about it. Anyway, we go to the wire operator and after a while he started putting orders in and this after about, she had about three or four winners in a row and then other people, I had no idea that they were co-tailing. I really didn't. And then I found out they were co-tailing when there were no more orders because she disappeared. After about eight or nine trades, I never heard from her again. She always called me. She didn't have cell phones or stuff like that. She said, she didn't have a phone number. So all I did was take that and so I wondered where did all this mysterious stuff start and how is it going to end? And so 20 men and I are there at Drexel. And so the only thing we could do is to try to find her. So we had one of our customers was a detective in Beverly Hills and he was making some money with us. I said, can you run a quick check? And he said, can't find her. She was married, got divorced and that's it. She's disappeared. She used to hang out at the in Santa Monica at the Dean Winter office. They had a big, what do you call it, one of these places where the customers could look at everything like they did in the old days of the bucket shops. And they had a board there. You can see that the New York Stock Exchange and Commodities and she used to sit there and I'm sure she probably started talking because she loved to talk. And she probably ran into a better deal. I said, it was 50-50 with me and Mary but someone probably made her a better deal, maybe more than the $5,000 account that I had but never did find out anything more about her. She just absolutely disappeared. But we knew that she was putting orders in at the exact time of the day and 20 men said, there's only one way that happens. And he said, that's using astrology. And he said, all we gotta do is call Neil Michelson down at the old Astrolabs and he would be able to tell us the time of day that those orders were placed and why she got out. Couple weeks later, we've got all the data because Jimmy worked for Commodity Corporation also but he also worked for CQG for quite a few years and had access to all the data. This was far later, but he knew he was a data freak. He's always been number freak. But what happened was we knew where the times were so we went back and we found out that what she was using was moon and Scorpio, which is a two and a half day cycle. In other words, when silver moved into the sign of Scorpio, during market hours, you could buy that and even if it, as long as it was in Scorpio, it had a bullish bias. But remember, this was 1976 through 1982 and silver bottomed in 74 and been going up. And it eventually went to $54 in 1980. Well, I only had her for about six or seven months and it was biased. She never had any losses. I think I don't remember exactly, it was more than 10 or 11 trades we did. And some of them were only a few hundred dollars, a couple were a few thousand, but it was about an $8,000 that she'd made during that time. So it was a considerable amount. Most of it ever went against her was a thousand bucks. And I said through it because I figured she knew something and it turned out to be okay. But statistically what we did was we went back and started looking historically because silver started trading in the 60s and we said, well, let's see what it did. And actually during the bulls and bear markets, it's only right about 53% of the time, but that is a bias. So the reason why 20 men called me, he said, look, with all this stuff that's out here now, and he said, I got all this data. And he said, do you know anybody who knows anything about artificial intelligence? And I said, well, yeah, I do. I said, you know, John Jameson's pretty good at that. He said, well look, if this stuff works and there's biases in these markets, why can't we build a program through artificial intelligence and ask it questions like what are the biases of buying on a Wednesday or Thursday in an up week or Tuesday and Friday in a down week and all these different things, just give it some questions and let the artificial intelligence come back and give you an answer. I said, Jimmy, I said, you know how much that worked? He said, Larry, he said, some of these people out here are trading billions of dollars and they're probably doing something like this. So I said, all right. So I asked John about it and John said, I like that idea. I said, can we just test it on something? He said, sure. So it's gonna take me a while to write the program. But he said, you know, we did the Floor Traders Handbook and a lot of that stuff shows you that the biases on a weekdays of the week is already in there. And I said, okay, that's great. That's two thirds of the way home. He said, yeah, he says we are. He said, I think it's a great idea. How about the data? I said, 20 minutes, got the most pure data you could ever ask for. And it's in DOS where, I forget what it's called, ASCII format or whatever it is. It's the one that's supposed to be in. And so I'll put them together and see if they come up with anything. But I think it'll be really interesting to see what's happening, okay? All right, let's move on here to a couple of trades that we're working with today. This was one right here at $47.98 is what we were looking for. I took the difference between those two. I sent a video out this morning. It says a high probability we're gonna make $47.96 to $4.800. All I was doing was the old magical A, B equals CD. In fact, I did this wrong. You see, the actual number is a little bit lower than that, I believe. Yeah, it's $47.99. And the high was $47.99 and a half. So that's all I was saying. It's got high, I didn't say to sell it. I said, there's a high probability of getting there. Okay, that's all we were doing. Okay, now let's get one that we were doing. Here is the treasury bonds. This morning, we were trading at 24.03. You can see the $64 question. The 61% retrace was $1.2402. I said, we're gonna sell it here, put your stop about 20 pips above that and see what happens. Right now it's got a little over $1,000 profit in it, okay? But the one that's really interesting and that is the Crudall. You remember we had Bill Meridian on the phone. Remember on the Friday, and Bill was talking to us about the positive bias that goes on with Crudall. The Crudall's coming straight down here. Here's where we were. And it looked like we were making a bottom. Let me show you why. This is what we sent out in the video, okay? Anyway, here's where we were. Looking at this from where we were, the bottom was made. You gotta go back to where the bottom was made. Let's get back here, right here, get it out of the way. Here's the big move up. Come on, big move up, get up here. Why don't you, there you go. We're gonna draw this in so we can see it. This is all in the video that we sent out. This was, this is Sunday night, right? This is Monday, Sunday night's right in here. But there's your low, okay? We rally up, we stop exactly, well, within a paper two of the exact 382 retracement of the, it's drawn wrong, dog gone. I knew it's exact. Holy cow, from your low right here, there's the low and there's the high. And there it is right there. There's your 382. I said in the video, I said, if we break above this little triangle right here, you wanna be buyer above that level, okay? Now we went above it, then we went below it, stopped right at the 786. You stop had to be below here. And you can see here, this has had a heck of a move, folks. Well over three and a half cents, which is pretty good. Let's take a break here, pay a few bills. We'll be right back with more exciting information here at TFNN. Tigers, tis the season for leveling up your trading skills. Basil Chapman is happy to offer all opening call subscribers a free subscriber webinar Wednesday, December 20th, 4 p.m. to 5.30 p.m. Eastern. Basil Chapman will be discussing major sectors and stocks that are coming off their lows in order to prepare your portfolio for 2024. This is a free webinar for all opening call subscribers. If you are not yet a subscriber, visit the front page of TFNN.com today to secure your spot for Wednesday, December 20th. TFNN, educating investors. The Gold Report. As a precious metal, gold is still king. It continues to hold the most effective safe haven in hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The Gold Report. Tom O'Brien publishes his weekly Gold Report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report. New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex Report. Teddy Kegstad breaks down the Forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, forex, stocks, and options. Teddy releases his weekly Tiger Forex Report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Dollar Swiss, Dollar Yen, as well as many more, and he also has weekly coverage of the crude oil market and the 30-year T-Bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex Report, you also gain instant access to Teddy's 60-minute webinar archive he just hosted, forex strategies, and fundamentals. What is behind the Tiger Forex Report? For all the details and to start your 30-day Tiger Forex Report subscription today, visit the front page of TFNN.com. TFNN Educating Investors. Everything in the universe is governed by the Fibonacci sequence. 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Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Okay folks, I'm gonna take a look here at Crude Oil just a little bit deeper. This is where we were looking at it on this 382 retracement. Now when the market goes higher like this, what you need to do, oopsie days, we've got Jeff on the line. Sorry, forgot about that Al. Jeff, how are you doing my friend? I live in the dream baby, what's up? Great, I'd like to hear your comments on the following. So sometimes I think it would be advantageous if I went and found a market that nobody cares about because the chance of manipulation where things would be less because you don't have people manipulating it because it's low volume anyway and the market makers are busy with your markets. But on the other hand, I find that my trading is harder when there's low volume. You know, if I'm finding a regular market that has high volume but in low volume times like overnight, the price action is more choppy and squirrely and you see weird things. So I'm thinking like, is it a good idea if you're like to put the time in to look at a quiet market, nobody trades like say oats and see if maybe the patterns are actually cleaner, maybe over a little bit higher timeframe, like maybe a four hour or two hour or something like that. You know, maybe the patterns actually behave better because there's less manipulation but with the low volume make it harder to trade. Jeff, my friend, I've been trading for 60 years. The last 50 of those, I've had pretty good data and the last 48 years since 1983, I've had charts right there in front of me forever. And I look, I work seven days a week, I don't work. I mean, I really don't work. I haven't worked for 48 years because I love doing what I'm doing. But the markets may be manipulated for a short period of time, a month or two, three or four months, but overall, it's natural law, my friend. And it doesn't make any difference. In fact, I would stay away from 10 markets. In fact, trading overnight, only if you're trading something that's pretty liquid overnight like the currencies and gold, crude oil and the stock indices, that's fine. But other stuff, not worth it. Just stick to something that you like. There's a small chance that something may be manipulated like I believe what's happened in the stock market here has been manipulated by the Fed here over the last couple of days. In fact, one of the Fed governors was on Bloomberg today, CNBC, Austin Google's beyond the Chicago Fed. And he said, we were surprised at the action that happened after we talked. He said, because that's not what we meant is what he said, what he meant and what he said could have been totally different. But once these things start, you never know where they're going to go. One of the things you have to remember that in the financial markets, there are three people, three firms, BlackRock, Vanguard and State Street control 66% of the S&P 500. In other words, they own more stock than anybody else in the S&P 500. So they can control 66% of it, whether that's good or bad. I don't know. All I know is that they are a big factor in the market, but these markets trade off these patterns, almost like magic. So no, you stick with those patterns, don't worry about being manipulated and don't go to illiquid markets, you're going to waste your time. Go to the, go where the players are. You remember what Willie Sullivan or Willie, Willie was his name, Willie? Yeah, Willie Sutton. Willie Sutton, he said, why do you rob banks? He said, oh, that's where the money is. And that's exactly what you want to do. Go where the money is. Okay. That's what I wanted to get your opinion on. Well, I hope it helped my friend, but I feel very strongly about that, okay? All right, I will follow your advice. And you call me anytime if you have any problems, okay? Merry Christmas and Happy New Year to you, Jeff. Same to you, Larry. Okay. Okay, back at crude oil, we hit the 60, we hit the 382, that tells us that, yes, there's a good chance that the market is bottomed. And so that's what we're looking at in crude oil. If you're going to take that as an ABCD, we should make 75, 45. That's the ABCD move up into this level right here. But what you have to do now is because the market is only, look, it's only, it had the big run here. And the most it's able to be back off here was a dollar a barrel. That tells you that maybe there is something going on with this red seed malarkey that's there. So the first thing that we would do, being a buyer, we bought it at the 78.6, because I told the folks, if we go below this, take a 30 point loss and buy it back at the 78% level. And that's exactly where it went to. I sent the video out as it was hitting there. It hadn't quite got there. See, it stayed there for well over a half an hour. And then it took off. This is when the Red Sea News came out and Zoom, all it went up and, you know, got up to this level right here. So we have a situation now that we're long and we want to protect profits. Here's your 382. The first thing you want to do is check from your low to your high. Go up to the 382. You see, we're not even close to this 382 level, correct? So I said, put your stop in here. That locks in $1,500 because if it's right, you're going to be making just a little over five grand for no risk at all or you make 1500. That's as simple as I can get it. But there's your 382 coming in at 7309. If you like this kind of stuff, folks, guess what? On the 12th, 13th and 14th of March, I'm going to be appearing at the Marriott Hotel in Las Vegas, Marriott Hotel Casino and Spa Complex there for three days live trading with Mr. Tom Hougard. And we're going to be trading 10 hours a day, two days a week. And on the third day, it's going to be me. That's what the plans are right now. It might change, but right now, that's what it's looking at. So it's going to be about 30 hours of trading for three days. We're going to be there to make money, folks. That's what we're going to be doing just like we're doing here. And I think we'll be able to do fine over three days. And we should have a whole lot of fun. I enjoy it going in front of a live audience quite a bit. So does Tom. He's even worse than I am. He's really good at this. But anyway, that's what the game plan is and we're going to have some fun. But the main thing is to make money, teach. And that's it. And of course, there'll be some entertainment. Wayne Newton is coming over, my very good friend. He'll be there to do some singing and stuff. And then we're going to have some other people that I think will be very, very exciting. And I'm trying to think of the girl's name that goes with the football player. She's so young and blonde-haired girl, I forget. She's the most pop. She makes more money than anybody else. I was going to have Willie Nelson, but Willie's 90 yesterday and he doesn't want to travel anymore. So there will no be entertainment, but it'll be fun. There it'll make some money. That's basically it and we'll have a lot of fun. Okay, that's the, oh, we got a break coming up. Shut the front door and raise your rent. I think we're coming up here in about 37 seconds and we get back. What we're going to do is review a couple other markets that I think are important. A member tomorrow's guest will be Tim Boss. Financial cycles weekly. It's been two years, folks. He's back and that's what we want to hear. So we'll be right back. 877-927-6648, Billy Ray Valentine, Capricorn. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman in your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com, educating investors. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30-day money-back guarantee for all new subscribers, so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter, Market Insights firsthand. TFNN, educating investors. Biotech is booming, but for how long? Whether you think the Biotech bull has room to run or has run its course, trade LABU or LABD. Directions daily S&P Biotech three times bull and bear ETFs. Visit Direction Investments.com slash Biotech today. An investor should consider the investment objectives, risks, charges and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact Direction Shares at 866-4767523. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Okay, folks, I want to talk here about natural gas, but something more important than that. We got, oh, shut the front door and raise the rent. We got another rider here. Hold on, let's see what we got here. Oh, gold, gold, gold. Okay, gold, okay. Quickly, anyway, I will go over gold in just a second, but more important than that. We had the poker tournament, Christmas poker tournament in Tucson. There was about 120 players. We each put in 100 bucks a piece and we give toys to the orphanage and also part of our winnings if we prefer. And of course, I've been pretty lucky over the years. I won last year, in the last five years, I've won two, always finished in the money. And last, this played Friday, Saturday and Sunday and I had not gotten very many cards and I'm there on Saturday playing and I finally make it to the finals on Sunday and I've only got $8,000 and people are there, I got 150,000. That's in chips, folks. I mean, these not denominations, but I only got $8,000 and so I play for an hour and a half. Now I've only got $3,000 and then I caught a run. I took the $3,000 up to $77,000 in about an hour. So now I'm sitting in really good position and I've got a great hand. I look down and I've got two red aces and I said, oh my God, this is the best hand you can get and I'm playing against the chip leader. He's got about 150,000 and he has a pair of kings and the flop comes ace, king, three. So I am the big winner. I got pair of aces and he's got three kings. So the only way he can win is with the fourth king and somebody had already exposed the fourth king. So there was absolutely no way I could lose the hand, impossible. So he bets $10,000 and I go all in with my last $60,000. He quick calls me right away and he turns over the three kings and I said, sorry, I said I got three aces and I turned it over and I misread my hand. I had an ace and a four and the cards at the Desert Diamond, the four, they're not Arabic, they're geometric cards and so the four, if you look at it really quick, it looks like an ace. You have to look at it really quick. Well, I just saw two red, two red aces. I saw the first ace and then I thought the four was a red and then I looked out and I saw it was a heart that was out there. So there was absolutely no way I could have three aces. Anyway, I had a chance at a flush but I missed it and that was the end of it. But I, when my partner, when we get down to, I was only, there were only 16 players left, you make a deal with one of your buddies so that you're, be sure to get some money. So I got back a few hundred dollars and I just donated it to the toy fund and stuff. I was just glad to get out with that money. Even now we're gonna get taught something really important. This is the gold. Here's where we are here folks. We've had this big run here. Let's get this, let's get the hour. Well, this is good enough. This will be, show you where we are here right now. Clean this up a little bit because we've had a retracement here. Went a little below the 382. I focused on this right here at 33 and I said, we should hold above. If it's bear, if it's bullish and it's done that all night long and it's just had a rally, you can see we, oh, this is nothing more than an ABC cell right now. Let's just get this up here and you'll be able to see here's where we are. And this over the last few days, there's the 14th, 15th and here's the 18th. We're just gonna see from this last time, there's your X point, okay? ABCD setting right at 618. So it should have stopped there at 47. It's already back to eight bucks. Now if this is correct, this is gonna be good news because that gives us something to tell on the downside, correct? We've already exceeded the ABCD on this move. So it is a various formation. There was your 382, 382, stay there for a while. This must have been a news popped up to 47. Ah, me thanks too much, Shakespeare said. From your high here down to your low, the 382, oh, goes to 50%. I thought it was gonna stop at the 382 of this higher high, but no, it stopped at the 50% level. So this is telling us now that we have an ABCD pattern here. This is the kind of trade I'm gonna, I would be doing because this is a beautiful market to trade and there it is for tomorrow or the next day. Oh, look at this, 2018. That's what you, oh, there's your 61% retracement off the whole thing. That's it. Oh, let's go to the hourly chart and make sure we're looking at the same thing, Bubba. Oh, here we go. Gotta move this up here. See it very clearly. Ah-ha, said the blind man. In the land of the king, in the land of the blind, the one eyed man is king, as Larry Williams always says. Okay, now we've got the correct ABCD. There's your A right there. Move it over so everybody can see it. Come down. There's your ABCD. Look at that. Just right there, 10, 16. And you almost put a 1, 6, 1, 8 in that. If you inverted the numbers, let's draw the ABCD pattern in. There's your A leg, B leg, C leg. Bada-bing, bada-boom. That says 15. So remember, mathematics precedes geometry. So 2017 is where I'd be looking to buy it tomorrow. That's a pretty good shot. You've got an ABCD, first one you've had. Since this puppy started to stop going down, remember this big move down that we had. Okay, and then never made this little one. That's no longer functional. Get that out. But this is the first ABCD, possibly in a new bull market. So holiday or not, you gotta pay attention to that little puppy. That's for sure. That's what I don't see how you can not. Let's just draw this in right there. And there's where we go, right to that point, right there. Okay. All right, that's pretty much it. Okay, let's move on here to the next one here that we had to talk about. Someone had a question about when we did natural gas? No, that we didn't do natural gas because we had a caller. Let's get this up here. Here's natural gas, folks. This was a trade we sent out for today. There's your high from way back here in November. Okay, right around Thanksgiving. We come down made a low. We've been a five-day rally, setting right at the old 382 at night 2.58. That's where we said sell it at 2.58. Put a stop here, just a little above it here. You don't have to risk very much. Whoops, it's not drawn correctly. And we would be, so it's 2.56 roughly right now. So you put your stop up here to about 2.562. You'd be risking about $400. Possibility of a profit on this would be a 382 of this move right here. And that would be coming in right at this level right here. If it gets to this level, 2.46, you've made $1,500 risking $400. That's a four and a half to one. That's a really good Christmas payout if you get that one, boys and girls. That's what I'd be looking at. Now let's take a look at the old stop in P. I haven't heard the beepers go off. So I don't know what's happening with it, but let's take a look. Where are you? Oh, I've got to put it in just a second. I've got to put this in the order of the white. Shot the front door. I read just a second here. Whereas the S&P, we're still there. Boy, it hasn't done a darn thing. Still setting right up here at this level. Got as high as 98, we're trading at 96. The sale came in at 96. The stop would be at 02. So you were risking six points up here if it gets hit. And if it's right, remember, your first minimum objective would be this little puppy right here. And that would be down about $500. So that would be your first profit objective. And if you get stopped out, call someone that really understands the S&P. But anyway, take a look at that. That looks like it. That's got everything you could ask for in this trade. It might not work, but what the heck? It's got everything you could ask for. I think we've got to take a break. 877-927-6648. Tigers, tis the season for leveling up your trading skills. Basil Chapman is happy to offer all opening call subscribers a free subscriber webinar Wednesday, December 20th, 4 p.m. to 5.30 p.m. Eastern. Basil Chapman will be discussing major sectors and stocks that are coming off their lows in order to prepare your portfolio for 2024. This is a free webinar for all opening call subscribers. 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So there's a perfect example of how these numbered. This might not work for more than 10 seconds. I don't know, but it just shows you the point in power of the 382. This one was perfect so far, this one is too. But if we start going below 7300, $73 a barrel, it would certainly not be correct. Because in my opinion, looking at a short-term chart here at 13 minutes, you got to give it 30 pips. We go below that, it tells you that you're wrong. That's all I'm saying. So I'll have to stick with that and see what happens. We'll figure out what's going on later tomorrow. We'll find out whether this held or not. But you might only hold for just a minute or two, but right now it's done exactly what it was supposed to do. It shouldn't get any lower than that right there. So you can see 7300 right there, it gets below that. I will be out of the long crude oil that we bought down in here and wait and see for another day of what happens. If that holds that level, however, I will be looking to sell it up here at 75.45. So I'll be a buyer down here and a seller up there. That's what I'd be watching. I don't care what about all the fighting that goes on. I hear all that stuff. Today they were barricading the Red Sea and the market rally almost $5 a barrel, okay? And they're not even scared anymore. It's backed off a dollar and a half a barrel right now, setting at 73.20. So they're not scared about anything, are they? If it were really something bad, you'd have crude oil up here at 78 possibly. Because looking at the daily, you know, we're way down at the bottom here, boys and girls. Look at this, this is nothing. Maybe that made a 382 of that. God, if I did that, I should be out of it at that point. Hey, we're gonna take a break here for the rest of the day. Tomorrow we've got Tim Boss coming in. No, it went up to the 61% retracement. Tim Boss will be our guest tomorrow. So live every day in an attitude of gratitude and may God bless.