 The following is a presentation of TFNN The Trader's Edge with Steve Rhodes, toll free at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Well, hi everyone. This is not Steve Rhodes. This is Basil Chapman sitting for Steve. I hope he's having a fantastic vacation. I know that he had planned to call in and do his show whenever he could. But I know from being overseas just a week or two ago, it's not always easy to get all these things to work. Fortunately, most of the time I was in houses where there was really good internet. I wasn't in hotels and stuff like that. That makes it really tough. You just sometimes you can get on, but it's so slow you can't do anything. So I understand the predicament. So I have this hour free and I thought, hey, great time to do this. So a couple of things. Of course, what I should do is I should get this here with all the colors with a black. My black background chart shows the Dow Industries has 34178 automated Chapman resistance based on the Magdean Circastic on the daily chart right there. Look at this cluster of 32,600. This cluster of support levels, 32,524 held beautifully. We ran up. We broke above the 32,728 area briefly. And now we're struggling a little bit to hold that. That was on the left there. But the weekly chart goes all the way to the 34,935,200 for resistance levels. And the monthly goes to 35,643. Looking at the Dow right now is up 28. The S&P, SPX using my Chapman automated support and resistance levels has broken above the 42,54 resistance in the daily chart. And it has a cluster of 42,30s to 42,50s, even 42,87 resistance levels on the upside. Once you through that 43,74 becomes the next level. 41,80 has been taken out of the monthly as resistance. And 43,36 is the next area of resistance. And I've got very few support levels. So just on a short term basis, this is saying the upside looks like the path of least resistance. If I may use that phrase. Looking at the QQQ NDX100 trading vehicle. Beautiful. No resistances to the upside. My eye says that we are getting close to the semiconductor and the QQQ is taking a bit of a breather while other areas really come on strong. What do I mean by that? The Russell 2000. Look at this. 18621 is the resistance, automated resistance. It's at 184,13 right now, up 452, fabulous. 184 in the weekly chart, that's the daily chart on the left. Middle as the weekly chart. The right has the monthly with the inside year of the 120, which is at 185.18 resistance. So it's trying to bump up against the weekly resistance. It'll be fantastic if all of a sudden look at this bowl formations like a W that's successful and now it's moving. And that takes that that takes 80, 186 to 188 area as the resistance that I was looking for at this particular point. Looking at the where did we go? That's the QIWM. Looking at the XLF, which is what we're talking about in my show, the Tyker technicians out this past hour, 10 o'clock to 11. And I'm also the author of the opening call. We call Daily Newsletter 3370. Well, 3285 was the resistance. Then 3370 here on the daily chart. Weekly chart doesn't have any resistance levels. Does have support of 3191 and 3127 on the daily and 3105 on the daily. And the weekly monthly has a whole series in the 29s and 28s and then nothing for resistance. So that just doesn't tell me too much. It just says it's a little bit open to the upside of this particular point. XLF, that's the S&P Select Financial Spider Fund. And if you're looking at the KRE, which is the regional, I've been talking about this for over a week. I would need it to see that the regionals were being saved if they had a place in the sun. And what we've got now is that the XL... KRE, that is the KRE at trading at 43.56 up to 44 has come alive. 43.79 is the chaff. We've automated resistance levels and we are just a tad under it. Although we've gone to 43.59. Oh, that's the high. So we're getting right into that resistance. 45.49 is the weekly resistance and no resistance, but very strong support at 39.15 in the monthly chart and 38.07 in the daily chart. So we're looking at all of these things and look at it. This is a 120-minute chart. It broke the 40 through 21 resistance by moving higher. We're going to be watching that one closely. I wanted to do the SMHs. SMHs are semiconductors, 148 to 149. A lot of resistance strong today, up $1.48 and 145.78. I think they're starting to get to the area where you should get a rotation that says we're going to start coming out of the fantastic area just for a little while to take some profits in those select... SMP select XLK, that's the tax sector, which has broken the 164.23 resistance. It's above that right now. That'll be supporting the short term of 163s in the monthly. That's all we have. And we don't have much in the way of support area either. So it's really important that it takes a digestive phase and works it through, not breaking down at this particular point, XLK. Now, I wanted to just show you this. We're going to go to gold. Gold is unchanged right now at $1975, but it's got $1961 and $1946 of automated Chapman Wave support levels. And 2016 has been the resistance. And 1928, way down on the weekly chart support and nothing much, until much, much lower down in the monthly chart, but a very tight 1979 to 1971 120 minute chart. And we're right in the middle. We're at $1975 right now. So that's gold silver. Let me just do this right now. Silver is trading down. A little bit down 0.10 at 2353. 2448 was the resistance that got close to that and 20 to 90s is support in the daily. And that's all that I can say there. The others are very far away. Let me just do this because I think if I'm able to, oh, I wanted to show this. So I drew in two patterns. And when I, I tried to do this live while I'm actually trading on the one minute chart. I tried to draw this in and I drew it in when we were over. Over here, starting to pull back. I said, okay, if there's an arch formation in the one minute E mini, because the MACD is turning down, stochastic went over 80%. Now it was starting to go under 80%. But the nine was still over the 14. I wanted to do a left side, right side price symmetry of the chart. And that just said, be a little careful because we could come down and that big sharp leg decandle in the one minute chart. We could pull that. So I decided to draw that in. And then when it held and the nine period was holding, I said, let me also do the left side, right side price time match in the cup formation. See if we can get to the high that was made in 42, 93, 25, but it got very close. And now it's starting to pull back and that arch formation. Now I would have to move this to the fight. I'll be back tomorrow with the title chapter. Tiger Titans are a deep road show. I'll be right back. We have exciting news, Tigers. This June, Tim Ord of the Ord Oracle will be hosting two webinars providing insight into his renowned market timing methodologies. On June 8th, Tim will delve into the S&P 500 teaching sentiment indicators, identifying market bottoms and divergence and so much more. On June 15th, Tim pivots to the gold market, taking a look at cycle analysis, ratio studies, advanced decline indicators and other important tools for analyzing this sector. Sign up today on TFNN.com. TFNN Educating Investors. 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. 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But 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 and 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. 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 it 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. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN Educating Investors. Toll free at 1-877-927-6648 internationally at 727-873-7618. We're looking at how much credence do you give to your automated Chatham Wave support and resistance levels? It really depends. There are a lot of times where I'm just not looking at them, but I have so many other indicators that I've built myself that I just recognize that patterns that repeat over and over. But you can see in this one-minute chart, look, we've got three, four, forty-two eighty-seven support levels on the one-minute chart. And then as I said, I like to draw in, even though I'm doing it while I'm actually, it's not always easy to do. I try to draw in the patterns as I'm trading like, yes, an arch, and then it had these two patterns. One was the cup, one was the arch, and they're always fighting the arch in the cup. Well, as I'm looking at it, the nine-beard moving average went negative, but basically we stuck in this rectangle formation right here. Forty-two, remember, forty-two ninety was key. And look how you got a reversal there. Now it's a magnet in saying, I keep wanting to be attracted to it. And look at the key support level, does that hold? So I just, I prefer to look at the patterns. I'll keep an eye on this if I see it, but mostly I'm looking at the pattern. And this just says real simply, you've taken time from the peak that you made at forty-two ninety-three fifty, I think it was, you know, twenty-five in the E-mini. And you're thinking that this is a potential two-click session, one-click down the very low forty-two seventies. And now you're in a peak B in the ten-minute chart. So this could be a sideways consolidation because there is strength in certain areas. And the S&P is stronger than the Dow, which has now gone down nine and was up sixty just a moment ago. S&P is up eight. So it's weakening a little bit, but buying has still been coming in. And now we're seeing whether or not the support holds. If we start to trade at forty-two eighty-five, it says, oh, oh, how we get to a leg, see if we do in the ten-minute chart is going to be real tough. And if you're in that two-click session, you've given up a big chunk of the gains, even though the gains are still there. But this is the way I like to look at it. And I think it's really important. And that's what I want you next week. If I have a chance, I'm going to take time to really spend some some kind of I wish I was fluent at the technical aspect of programming. I'm not at all, but there are so many automated things that you can use. So I'm going to try to do that. But you can see we've used up time to go sideways. It's struggling at forty-two eighty-seven. So the question came in. Where did I go right here? Yeah, so that could be an H pattern that starts to fail and comes down. The XLE in the Tiger YouTube. Don't forget Tiger YouTube, folks. Just type your messages in there. I look at them all the time. I don't ever answer them because I haven't taken the time to figure out how to answer. It should be simple, but I just haven't done it. I do answer them very quickly if I can. So look at this. XLE trading up fifty cents at seventy-nine eighty-seven. I think the pattern that I'm looking at here, the dreaded H, the best case I can see is an arch that goes to the lower case H and then holds an F side low and then goes to the lower case M. I don't think it's in play right now. I think that the Select Energy Spider Fund is telling us that something's going on in that whole energy, especially if you're looking at crude oil as part of the energy thing. It's just in this H, it's like in the sideways rectangle formation. So XLE on a trading basis. Yeah, you can have very nice pops to the upside, but I think that it's just stuck between seventy-five and eighty-three. Eighty-one ninety is the Georgia period exponential moving average in the daily chart. I just think it's stuck for now. I mean, if you look at Exxon Motors, Exxon Motors, if you look at Exxon, mobile, multinational oil, that's the pattern that we're looking at here. Just not bad. It's just stuck in the shorter term. Now, I had a couple of questions. Where did it go to? Could I look at? I wrote it down. Yeah, so we had a couple of stocks that really I liked them. And when we had, we got nice gains, but we got stopped out, still with the gain and I tried to get back in and we didn't get back in. And these are all in the single digit area. There are a lot of single digit stocks that are kind of covering for the greater, like an XLE, but I mean SW, is that the one? SWI? SWI. Oh, now this is in the network area. So this is SolarWinds Corporation Managers Network Systems. Got a leg E today at up 24 cents, up 2.49% at 269 right now, at 9.69. SWI is a symbol and it's got this H, sorry, the inverted W formation, one U shaped pattern and another U shaped pattern. And the weekly chart finally has gone. It's positive with a nine period over the 14 and it looks good. And yes, the 200 period moving average, that is, it's taken out today. It got stuck for three days. This is the third day and it's moving higher. So that's really important. Even more important about this is that it's got the, oh, that's what I wanted to talk about. Huge gap. See this huge gap? Now it's trying to fill the gap. What was the other stock that we were looking at? Oh, I wrote it down. Huge gap, huge gap, huge gap, gap, gap, gap, gap. Is that right? Will I find it now? Oh, I think that's the stock that was mentioned. S-U-P-N, S-U-P-N? No, that's not the gap. Yeah. Oh, H-I-M-Q, H-I-M-Q. No, that's not right. Oh, I'm sorry. I just, I had it. And I wanted to do a comparison to show you how P-K-G, P-K-G. No, oh, that's doing very nicely. P-K-G of America. No, we're looking at something that's not so great. So P-K-G of America at up 242 at 129.57. This is that same thing that we were looking at for Dan, which was S-U-P-N, S-U-P-N. Remember, just taking off, you want, look there, the stochastic turned up, the mag-D turned up. It looked very good. I'm going to just say that. I wanted to look at this, someone just said, look at the S-M-P futures. So we had these two patterns. There's your B, something happened. Whoosh, big, big pullback. Oh, look at that. So much for your two-click session, because we're now at 4280, 42 for 78. Wow, that was quick, huh? It was up huge. It went all the way to 4293.25, and now we're at 4280. I don't know what the news was, but it was very sudden. But this is still in play. And that's the whole thing about these two-click sessions. I don't know if this could even be a two-click session today, but we'll try to see what happens. If it can replay whatever that selling pressure was, which is the real sudden news, I think if the S-M-P can get back to 4285, 4287, then the next 10 minutes, that'll be good. 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So look at this beautiful arch formation, look at the plum line chapwave methodology technique using the price level on the left side of $126.23 on the week of the 17th day of the 17th of March screams up to the $145 area, comes all the way back down, gaps down and then comes back all the way, takes the same number of bars just about to get to the $126 level and that is on the $125.91 on the 25th of May. And then what does it do? It pulls back a little further and then it comes right back after this long-legged doji candle of $122.20 on the 1st of June. And now this is your leg A. And the MACDs turned up. Stochastic is actually leading the way. I like that. That's your torque. That's not your momentum is the MACD. But the torque is the stochastic. On-patterns volume is disappointing. Relative strength is good. Looking at the nine period over the moving average under the pink nine under the 40 period moving average, not good. It's got a lot of work to do. So if I look at these to go back to SUP, SUP, SUP, SUP, SUP or something, SUP and see that you have the same thing. An arch formation left side, right side price time match gets there in a shorter period of time, goes under it and then breaks down. So this is your level, this level right here of 34, 33, the 23rd of March. That's what you want to see pierced and then held very, just you got to say goodbye to it. And that'll be very positive. Monthly chances, that's going to be a little tough to do. And 35, 43 is your resistance there. So a little bit almost not quite the same pattern, but a lot of similarities and that's really important. I want you to get back. There was, as I say, everything about this down move looked like it was news related, didn't it? And look at this. And this is what I tried to do. I said to you, I do this live as I'm, whatever I put on, even though it's a minute charge, sometimes hard to do, because I'm holding, do I get put in a stop? What do I do? But I draw all these things in and I drew in the left side, right side price time match and it got, I didn't expect to do, but the load that was made at 1038 this morning of 4281.50 on the E-mini. Oh, look at this. It's a one minute early and it took it right out and went to 4278.23. And now it's trying to see the pink nine period moving average, tried to cross positive again. Can it? This is a brand new leg A, but look at the peak B in the 10 minute charge. That was, whatever the news was, that really knocked this market down for a few minutes, but a lot of points, the Dow is still down 45. If the Dow at any point today can start to get back to a plus, I sit to subscribers to my opening call every day. I do a Dow chart. I explain the market, thinking behind everything. Let's see where if I've got it right here. Yeah. So I do this. I say there it is. Dow closed down 199 at 33,562 and I go on to explain the digestive phase, blah, blah, blah. And then I say today, if the Dow cannot hold a plus fifties or more after 130pm, this mild give back might extend into tomorrow. So I just make it as clear as possible what we're looking for. And I explained the different. This is the daily. This is the daily and this is the 120 minute chart. It did make a peak D. So that went to his cell mode. Let's see if we can reverse back up again. But the Dow is almost independent to what we're looking at in terms of the overall market. Basil, can I get your opinion about EQT? I didn't see that EQT. I'll get you in a moment. Where did I type that? Oh, not yet. I want to type it on the chart itself. EQT. Mr. Bull, I'll get to you right in a moment. I'll be arching again in the ES. No, I think that that was a that that that slapped down. I think that that was an aberration to the general consensus of the momentum, which was to keep moving higher. That's the way I'm looking at it. I see buying coming in. I do see selling, but I think the selling is going to the very sectors that we would expect to see selling after becoming overbought. So the new sectors are helping the market. So we've got peak A, peak B, peak C1. And this is peak C2. It's still a C2. I could change that to a D at any point. Yeah. So the question is on EQT, natural gas and hydrocarbon. So this is... I've been wondering about these because it's been a kind of... It's a little difficult to be able to work this out because if you're looking at natural gas and my question has been in all the stuff that I'm looking at, is a lower gas price important to this particular stock because they have the picks and shovels. They use natural gas only to transport through the medium that they have. So they don't really care about the price of natural gas because natural gas is way at the bottom. There's your Eiffel Tower straight up, straight down, uppercase A pattern just keeps doing that over and over. It is up at 30.03 today, 227. So the U and G might be helped a little bit, U and G. Yeah, looking a little bit better, but it still doesn't look good in the weekly chart. So EQT. So that's my big question. So ask yourself... I'm not able to answer this, but you ask yourself, does a lower gas price or a higher natural gas price interfere at all with this particular product? And the answer should be, no, I supply natural gas, has buyers all the time. You don't stop buying natural gas when you need it for your heating or whatever it is. So there are buyers. Is it benefiting from the lower price? That's the only question you should answer. And EQT seems to be doing that. So I do like it. The Deities made a beautiful cup formation. It could double top and that's the question, but the MACD isn't as strong as it was. It's weaker than it was, but the rebound from $35.55 low this morning to trading now $37.17 up $1.13, I like that because all it has to do is it has to go a couple of cents higher to $37.51. And it's a $37.17 with a high so far, $37.35. And that starts with AGD in the weekly. So the answer is yes, I do like it. Okay, F C E L. F C E L. F C E L is trading at. Now this is, I find this a really difficult one. Every time I'm about to say to subscribers, oh, let's get, we've done this before. We've had it before. But if I say let's get into it, that's exactly when it's already had a big move and then it starts to give back, but it doesn't just give back and you can go from two to 60 level to 190. That is a huge pullback. That is percentage wise. So if you're looking at fuel cell, this is one that you might want to just say, you know what, I'm going to put this in my drawer. I'm going to buy a little bit. And I'll just keep looking at it every three, four, five weeks because every few four, five weeks for the last year is becoming down, down, down. The way it's acting now with that gap that it hasn't filled, it looks to me like it's trying fuel cell energy. It's trying to go higher than if it can close at any point above 273. I've got this way to higher highs. That's the way I would think. 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. 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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. Hello, sir. Welcome back. Welcome, sir. I've been sitting here for Steve Rhodes, and we're looking at the Dow down 25 SPS, up 6.4. Nice divergence there. Not a nice. It's a divergence. So what I like to do is I also like to do price tie matches. I choose a particular candle. If it isn't the exact low, that looks like it could be the low of consequences. I have consequence. I choose a candle. I don't know if this is going to work or not. What I am looking at is that the nine-period moving average in the one-minute chart is holding quite nicely. We'll see if it's able to buy in the next, or I'd say it really needs the next 10 minutes. It needs the same sequence or shorter sequence in this, rather than arching over. And what I like to do always is just to know what I'm looking at, give myself a roadmap. I draw in the arch formation. And I say, okay, you're going to fight that. You're going to fight that with both the rectangle formation that you've got here, walking the nine-period moving average, plus the potential for a lopsided cup formation that says, yeah, you could go to that high somewhere around 11.50 or so this morning, retest that high. But you've got a lot of work to do. At 11.18 it went to 42.89.75. Now it's just kind of holding steady here. It did rebound nicely off the 42.77 low. It went all the way to 42.88. Now it's kind of giving back some. So whatever the news was, it's now coming back as a recurring theme. And that's different to a one-off when you just get a sudden news event. You slam down and then you come back. The US confirms all Tesla Model 3 vehicles now qualify for 7,500 EV tax credit. Let me look at that. Tesla right now trading at up to 15 at 219.76. I had spoken about this a year, probably a year ago. I started talking about it. I know it was more than a year ago. It was like April or so of last year. I said, I'm sorry. Musk has just lost his focus. He's so busy talking about Twitter and all or everything else and he's got his space. He's got too many things going on. Well, even a genius to be able to call. His mouth is shooting off. His mind's not focused on Tesla. And we saw that smash to the downside. It went from the 300s to 101.80 January of 2023. And then the deal was done. And all of a sudden I said, you know, I think that I think he's getting more focused again. I don't know why. What tells me? I don't read all that much about Musk. But it just seemed to me that he was starting to become a little bit focused. And you can see that. So I drew in the cup formation, just as we've got right here. Look, the cup formation, it doesn't matter. One minute chart, a cup formation is a cup formation, right? And how it unfolds after it tests the left side high is really important. Well, the left side high was the week of the 17th of February of 2017.65. What's the high today to 1989? A little under yesterday's doji candle high. There's your cup formation. I didn't do a left side, right side price time match. I should have done it. I usually choose a particular candle. That's this candle right here, right there. And does it work out to do the symmetry of the left side, right side? I think it does make that green. Okay, there it is. Okay. So there it is. And I normally would go. Look, you've got your forwarding ax formation. It's breaking out of that. And normally I would go from the left side, low bar, above the trough, right there. And that's it. So it's done to the week. Exactly. I mean, this is the most perfect pattern you can see. And you've got your one to one to the downside, almost perfectly in the monthly chart. So I like what's going on in Tesla. Not only that, they're going to be linking up with Ford. No, it's the other way around. Ford is going to be using their charging stations, as I read it. So what a break for Ford. I don't care what they pay. Whatever it is, it's a lot cheaper than what they can do in a short period of time. They could not do that. So 1124, 1125. So this is your Ford, low right there on the left side, beautiful cup formation, retested almost to the penny. It goes peak A. I never thought of this. I'm going to move to this because I like to move like a chess set. I just like to move to the next stage. In this case, we've got a leg D above the 200-period moving average. But that weekly chart says, no, you just stuck in a range. Sorry for you. We're looking great on the daily chart. But the weekly in monthly says, wow, until you start trading in the 1450 area, you just kind of stuck in this range. But so far, this is a really good candle. Yeah. OK, I'll do that. I wasn't going to, but I'll do it right now. So what's the pattern that we're looking at? Well, there's your leg C. And I drawn this left side, right side price. Remember, you're always fighting two patterns. One's the cup. The other's the arch. And we've gone to a leg C now in the not being shaken out of that big slide to 42.76. That's if you got in underneath that in the 42.70s, there's a chance you could still have a two-click session by just holding off. Remember, you want to hold off as long as you can, as long as you're rising, and as long as the 90s, way above the 14 in the 10-minute chart. This is what I'm going to be working on next week. I don't know how I'm going to be able to actually put it into a program, but I'll have all the contingencies that I need, what you look for, why you're looking for it, and what mid-session. Well, in this case, it's not mid-session. Oh, wait, I'm doing Steve's show. So this is 10 to 12. So 9.30. Yeah, this is mid-session-ish. We're looking at leg C. I didn't even draw this in. Don, I'm just doing too much talking here. But normally, I'd be doing this, and I'd be looking for the candle that says to me, that's your midpoint right there. Are you able to get to that level in that amount of time? So I'm drawing the price-time match. This is what I discuss in my webinars, some old-day webinars that I do, and I show it when I do my overview every weekend. Well, this weekend will be tough for me to do, because I have it, but I haven't practiced it on my other computer. I might just do it Thursday night instead. That is my weekly overview. It'll be a day early. Okay, there's your leg C. It could become a peak C. But look, now the stochastic's back above 200, above 80% is at 85, and the MACD is good. And look at this gray relative strength index. It's actually doing quite nicely. And you're getting closer and closer to the chance of making a leg C. So the question is, can this be a two-click session, a click from this low area right here, and you just hold it as long as you can? We'll see. The day is young. All right, we're going to go back to... Oh, question came in. Where did it go? Oh, FXI. So this FXI is the large-cap China This is the ETF. Yes, that was a good turn around. I'm not going to call this a gap, I didn't reversal because you get that all the time in foreign, whatever you're trading, that trades overseas before we do. You're always going to get gaps, gold, whatever it is. So the monthly chart is horrible. The weekly chart has a pattern that I like to look at. And I have the fibs here. It went right to the 38.2 support level in the weekly fib. So I can't remember if a person said that they are long, but I said I do. Yeah, so that's going to be a breakout at 2788 on the weekly chart, if on a weekly basis of the next three weeks, there are two weeks that close about 2890, 2029, 30. I'll be back in a moment. We have exciting news, Tigers. This June, Tim Ord of the Ord Oracle will be hosting two webinars, providing insight into his renowned market timing methodologies. On June 8, Tim will delve into the S&P 500, teaching sentiment indicators, identifying market bottoms and divergence, and so much more. On June 15, Tim pivots to the gold market, taking a look at cycle analysis, ratio studies, advanced decline indicators, and other important tools for analyzing this sector. Sign up today on TFNN.com. TFNN, Educating Investors. If you're looking for potential trading setups in the stock market, then Rocket Equities & Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them, using a combination of fundamentals and technicals. Sign up for Rocket Equities & Options Report today with a 30-day money-back guarantee so you have nothing to risk. 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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 And you can trust Larry's analysis. After all, he's got 45 years' experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. 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. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com Educating Investors I used to play tennis. I used to have my little radio and I used to listen to Tom interviewing the very person that's going to be having a webinar coming up on a live one this coming Thursday to Mord. And I think this is really something he does fantastic work. So I advise you. In the den CFLT, which is Confluence Inc., D-Dog, MDB, and Snow. Yes, they've had fantastic moves. And that's why I'm saying this is that whole rotation. And I think the actual pure semiconductors are going to be pulling back a little bit. But now you've got these global data platform type companies. Look at that V-shaped formation in Snowflake. Yes, absolutely. In the den, we've got to ride them at wave. Matt, I think you're absolutely correct. They're finally back in play. So I'm going to wrap it up by saying, let's see if this can be one of those two-click sessions. The day is always young. You never know. We need to see a very strong leg be as long as we can get leg C to start above in the E-mini, 10-minute chart above, 42, 93, 25, sorry, 50. That starts leg C. And that would say to me, yes, we could go into this afternoon. If there isn't any sudden news, pull back. That'll be really important. And key support now is at the 42, 74 level, 72. I say even higher, 42, 82. That'll be that. You start breaking under that. That's not a good sign. So we'll see what happens in the E-mini. In the meantime, back at the ranch, I'll be back. What is today? Oh, I'll be back with Tom a little later this afternoon. We'll have an interview. Have a great rest of the day. And the guy's down 10 coming back a little bit. And there's a piece up there that IWM, the Russell 2000, and finally the financials, the KREs, even IONL and XLF. And the IWM is up five points. Have a rest of the day, great rest of the day. Have a great rest of the day. I'll see you later.