 The following is a presentation of TFNN. The Tiger Technician Hour with your host, Basil Chapman. Call now, toll free at 1-877-927-6648. Hi everyone, Basil Chapman. He has a little technical issue, but the sound is good and we've got the charts coming up and the charts are suggesting that the volatility index is down. Oh, just went up, up 48 cents to 20.27. Let's go through the numbers. I am going to do it with one hand. On the other hand, holding a telephone, the old fashioned telephone. On this Monday, the 12th of September, we're looking at the Dow up 284 points at 32,435. This is a fabulous move yet. The nine period moving average is still pink. It's going to have to use a lot of upside energy to be able to cross positive again. The MACD is still negative. It needs at least another probably 250 points to cross positive. The cash is still way down at 28 percent. Unbalanced volume is improving. So this is a price movement. I haven't yet got the technicals because the move up was so quick. Four fabulous green bars so far the day is young. Looking at the S&P at this particular moment, the S&P is up, gapped up for the second session. Up 44 at 4111. And the 200 period moving average is way up at 4171. That's going to take a lot of effort to get there. The MACD is very close to turning positive. The stochastic is only at 35 percent. And the nine period moving average in the daily chart is still underneath the 14 period exponential moving average. We're looking at the QQQ index 100. And the index 100 is trading up 351 at 310.55. Very strong move. This has got a nice gap today. The 200 period moving average is way up at 324. How does it get there? I'm not sure in this particular move because the MACD is yet to cross positive. The nine period moving average, the pink line of the daily chart is still way under the 14. And we've got the stochastic only at 32 percent. So this is a very early stage in any up move. We're looking at the IWM. This is the Russell 2000. Small caps, IWN. Oops, that was a mistake. That's the Russell 2000. I think that's the value. Yeah. I want IWM for mother. And we're looking at a nice gap up, second gap up. It's at 189.47 up 2.08. The 200 period moving average is way up at 193. I shouldn't say way up. It is not like the others. This is attainable. And it's a very good sign. Looking also at the gold. GC contract is up nine at 1737. Very nice move off the low. It's under 1700. Now it is 1737. But really not. It's not great. It's just a very good move. Looking at silver. Silver is really the one with the fabulous move. This is up 5% today, up 0.94 at 1971. Silver, the monthly chart is done more than a one-to-one to the downside. The weekly chart is trying to form a cup formation. And the next target to tackle will be the weekly resistance of the 14 period moving average at 19.84. And it's at 1970. So that's very attainable this week. And we're looking at crude oil. This is going to be very important. Crude oil is having a very strong move. It is just above the 200 period moving average at 88.34, up $1.55. And even more important than that, the weekly chart has a lot of room to move up to start creating a positive technical environment. And we're looking at the TLT, which is bonds, the TLT, Lehman 20-year ice share, Treasury bond, ETF. It's at up 40 cents at 108.72. It's trying to come off the bottom, but it's really that weekly chart, that H formation, to be able to turn it into an uppercase in you to have a powerful move to the upside, you're going to have to have a lot happen before the rates start to come down as the bonds start to rally. So with that, I'm waiting for my engineer to give me because I'm flying without a compass right now. So if my sound engineer can tell me how long I've got to go before the break comes, I'd appreciate four minutes for the break. Great. Okay. So there's a lot to discuss here. The SMHs, well, first of all, I wanted to talk about a couple of things that just happened over the weekend. So I was in New Orleans for a couple of days, and I was discussing with some realtors there. They were saying that what happened in New Orleans is that there in March, they realized that they were more than double the gains that they made in 2021 in March, more than double in just two and a half, three months. And then along comes legislation. So besides the interest rate factor, which has really impacted a lot of people wanting to buy homes, they've got an insurance factor that is the flood insurance that some people saw their bills go from $7,000 to $21,000. I mean, it's unattainable. That is really crazy. So that's a different factor. Tommy was talking about rates. He was talking about the real estate earlier on, really cogent conversation in his market kickoff at 9 o'clock. And I thought, this is just each state, each city, everyone has something going on. And we'll find out in another six to eight months exactly what the impact is with the higher rates, et cetera. That's number one. Number two is I had a very kind of a chilling experience yesterday. Flying over in Manhattan, came to land in LaGuardia, flying off, first of all, flying over the tennis is one thing. But flying over the World Trade Center, something I've watched soon after it came down. I was in New York about a month after it came down. And then seeing the new tower being built, et cetera, and then flying over yesterday, 9-11, what an eerie experience. And of course, my very emotional moment, I must say, thinking of people that... It's a lot of people from the Boston area that were killed. So when the plane crashed into the towers. So, yeah. And the other thing was it was very interesting listening to, watching the tennis on a little three-by-five inch screen. And I was like three miles away from Faris Hills. And I was in the plane watching the tennis. It was a fantastic game. Absolutely. The Norwegian played brilliantly. But, okay, I mean, that was... 19-year-old comes along. It was fantastic. So I just wanted to get that out of the way because I think it's very important. Also, I just hear T.F. and then hearing that that Ross passed away is just terribly sad. And my arrest in peace. So, now, let's get back to the markets. We're looking at the SMHs, period exponential moving average. To get a rally that is really sustainable. You've got to see those semiconductors moving sharply high. And I still think that in this consolidation phase, I wouldn't be surprised if we are more than two-thirds the way to finding out that the chips are on their way. We've started to be building all the shutdowns and things have been changing and that the semiconductors are going to be coming back. You'll see that. You'll only see that in the price. And this particular moment, you're answering it in the price. In terms of the big picture, but in the small picture going from 204 to 217 in just a week and a half. That is good action. It's not great. But it is very important that the weekly chart has a higher right-side low. And that's important. Ops, I can hear the music. Baselchap and Tiger conditions are at the other 272. SMB is at 42. I hope to be able to correct this Vista Gold owns and operates the largest undeveloped gold project in Australia, the Mount Todd Gold Project. Vista Gold just completed their feasibility study resulting in a 7 million ounce gold reserve. Vista Gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing an accretive transaction. Vista Gold trades on the NYSE American and TSX under the ticker symbol VGZ. Vista Gold executing a strategy to create shareholder value. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. 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There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. Toll free at 1-877-927-6648 Internationally at 727-873-7618 Thank God for 322, as it was a 49. I had the Chapman Wave Tringage flash on Friday but this hasn't worked out at all. If there was a moment in the futures, down futures, all they went from 100 and up 120 to about up 30 or 25 and then went right back up. This particular indicator is very seldom does it fail but it is going to fail today, I'm sure. Because up 329 we won't go negative in the down. That's what it usually says within a very short period of the opening should go negative, not today. So this is very good action. A couple of things going on. One of the reasons why we started getting putting on a lot of new positions over the last couple of days is because I liked very much the way the market tried to retest and look, for instance, the SMH as a semiconductor went to 204.16 on the 1st of September and they made a little H pattern and tested them into 204.18. As the stochastic was starting to improve and as the price action said there is a little bit of a base forming how do you break out of the base? Well, you have to have speed, number one. Number two is you have to have a broad context and in this particular instance, what we're seeing and subscribers know we've been watching certain stocks that have just been beaten down for months and months and months. Some of them even 90% declines. They were forming bases and they looked like they were ready and even if there was a rotational correction they were ready to start to move up. And that move up essentially said how broad is it coming off this particular low and the broader it is, the greater the chance that it isn't just a reflexive rally. Now I have to admit for subscribers we've been short the Dow for quite some time and but then we also went along two separate positions. One was like almost insurance, just a protection and the other one was a particular position or trade right at the lows in the Dow and I haven't taken off the short position yet. I wanted to see what happened today. It's still up quite a bit. I don't know if it's been stopped out yet because we do have a stop on it but the other aspect was that we were getting into certain stocks in certain areas that looked to me to be very appealing and one thing that's really important about this particular move is that the IAI the broker dealer index, look at this move look at that breakout. That is spectacular. I mean it goes from 99.82 we along from 2020 in the 45 area. We've been in and out a couple of times in other positions. I missed getting along here. I wanted to add long in the broker area broker dealer area. I missed getting in but there it is 99.82 was the high of the 16th of August on the 1st of September hit 91.05 not a big deal, not even 10% and then what happens is it bounces. Now if you're looking at the weekly chart you can see that it's not going to take very much to get above that 99.82 it's only pointing something maybe even if it was two points there's a chance that this week somehow or other we can just sneak above that 99.82 for the first leg B that we've seen since that high was made at 116.25 in November the week of the 5th of November and to me this is really important the fact that the broker dealer has gone from the 80 area was the low 80.60 80.63 and that was in July runs up to 99 there's almost a 20 point game then it pulls back but only pulls back to 91 this is just saying to me don't rule out that the idea that you have to form a V shape bottom with the VIX index way up in the high 30s the 40s or something isn't being that could still happen at a certain point but it might be that you come from a higher level to a higher low and what's really important when I'm looking at the big picture and that's the reason why I just could not find myself as much as I tried I couldn't be overly bearish in all this entire phase if you're looking at the S&P monthly chart look at this 48.18.62 to 36.36.87 yes that's over 30% that's a big move but it's an entire year so far it's been the high was in January and yet we're on September and we're at 41.16 to me it says that you've used up a lot of time and in some cases a lot of price but in the S&P itself with all the bad news you've had a war you've had inflation you've had the yields skyrocketing oil I mean commodities and yet look where we are I have to be impressed that's not to say we can't come down again I'm just saying I'm impressed with what's happened up until this point and therefore I want to look at the market as if there's a certain just at least in the shorter term a normalization going on and therefore there are stocks that could do very nicely and I think that's where you have to focus and what I've done for subscribers I've tried to get into single-digit stocks I like to have price ranges all over the show it could be high triple digits or it could be single digits it's in the area that's most important so the other thing I want to look at is look at the XLF this is the financial the S&P financial it's spider fund that's a very nice move in leg 8 almost looks as if you're talking about the the A.I. the broker dealer because this is an important aspect of any market rally you have to have this because within the context of markets I like to see the financials doing well almost independent of whether you're coming into Al if you can just tell me when I'm about to go into a break I'd appreciate it every time we've got decent rallies in the financials it just says that there's a certain stabilization in the market yes there's still a downtrend you're making lower lows in the eyes just the most recent month or so you've seen some nice action to the upside fabulous to DAF 45 cents of 34.81 I do like that so it's important I want to see the financial it's done very very nicely and I want to see the XLF trade for two out of three sessions in the next seven or eight market sessions above the 35, 30, 200 moving average that to me would be important so it comes to break I believe and I don't have about seconds of anything like that but I don't want to talk you to the break so I'm going to say we'll be back in a moment girls at 231 if you want to take advantage of this sector now is the time to subscribe to my gold report the gold report is a comprehensive look at the metal sector as well as the markets that move gold which is the currency and bond markets new subscribers get a 30-day money back guarantee so you have nothing to lose every Monday morning I publish the gold report with coverage of gold silver bonds the XAU, HUI, GDX as well as more than 30 different mining equities to see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting tfnn.com don't miss out on the next great 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Small Mada We've just made a peak D in the one minute chart but it's walking the nine-period moving average nothing to see right now it's still acting very well and this is very important the spiral that we've just had in the ten minute chart I had put F slash A earlier on. Now we're much higher. The way it's looking, I have to consider with the stochastic in 94% of the magnitude that this is probably an A that we can chop around, chop around, have a bit of a pullback. But if we pull back and then we go above the high so far today is 41.19, 75. If we start to get to 41.25, there's going to be a whole new burst of buying as far as I can see. But right now, short term, I think we're very close to some kind of at least a digestive phase intraday. All right, let's get back to our story. What did I want to look at? I wanted to look at a couple of things. If you look at the SLX, this is the this is the this is the steel, it's called the Van Eck Vectors Steel ETF, trading at 56.06 up 72 cents. The way it held so well, since the low that was made, so it's gone from 70.43 in April, the week of the 22nd, it's come down to the 40, I think it was 47. I don't think it's 46 something. There it is. Okay. It went to 46.17 on the 14th of July. And then it started to make an an art cup formation right here, and it stopped in a leg. He went to a peak with a dodgy candle, held the 200 period moving average, and that became a repellent and a propellant and then a repellent line, and it hasn't gone back until today. Today, what is it doing? It's almost touching at 56.24. It's almost touching the 56.32 200 period moving average yet again. This is the third time. And look at the sequence. We've got 1234567891 12 bars before that peak right there on the 26th of August at 5750. Then it goes 12345678910 11 bars today. And it's testing the 200 period moving average. So you got the synchronicity of the the the the bar left side right side bar synchronicity or movement. And now what we're looking at is, is it possible that the steel sector is telling us, look, if you even look at the week, which are not a great pattern, there's not a bad pattern. You can tell me that the steel sector, the deep cyclicals that is, and I'm even going to put it in with catapult catapult is almost the same chart pattern catapult heavy duty equipment. Deer is a little different because deer has to do with agricultural side tractors farming equipment and yet look where it is. And if I go to the DBA, which is the rest along the DBA, DBA Agricultural Fund, turning at 20.60. That is quite a sharp pullback in the weekly and the monthly and yet the monthly is still right now sitting on the nine period exponential moving average. So when I try to put this picture together, I went to it on Thursday, I think it was. And then over the weekend I had a moment and I was looking at the charts and I said, I'm going to try to be as negative as possible. I'm going to go to those deep cyclicals. I'm going to even include a general motors and look at this general motors up 95 cents and 42.24 sitting for the first time just above the 200 period exponential moving average of the daily. When was the last time that general motors touched it? It touched it briefly on the way down on the second of February at 55 55. But it had about three months trading above it when it went above it back in September a year ago exactly a year ago September the week of the 22nd of 2021. And it just dipped under it once and it kept becoming a propellant and then it became your repellent. So do you understand what I'm saying? I'm trying to say that I looked at it saying, okay, let's see all the deep cyclicals. How bad is this? And then I looked and I thought, no, this is not too bad. I mean, this is after eight months. Here we are. So anything can happen. But in the shorter term, there's definitely a sense that a tremendous amount has been accomplished. If you want to look at this, look at wheat. I'm trying to give you the negative picture. Look at wheat. We're looking at the commodities now. So wheat, look at this monthly chart. Not a great looking chart. It goes to $13.63 and a half. Well, that's a continuous contract. The price will be changing. But the high that was made on the 8th of March of 2022, then it retested close to that. And then it plummets underneath the 200 period moving average, which is at 920 right now. And here we are each 58 in leg each trying to at least stabilizing. And that's really important. So that's wheat. Let's look at soybeans. Soybeans, there we go. That's just gone sideways. It had a fabulous look up to the 15, what is about 15, I'd say 1560s. It's a continuous contract. The plummets under the 200 period moving average tries to feed that a support. Meantime at 1351, which is the 200 period moving average. Now, there is a 1570 trying to read. Look at corn. Corn is trading very nicely. What about the 200 period moving average? Done a beautiful confirmation, making the annual, not one of my favorite patterns, but walking the 9 period moving average. So even with the grains still holding pretty well when you think about the big picture, this market has been holding. I still expect within today, later today, or maybe tomorrow, we get some kind of a digestive bit of a slowdown, maybe even Wednesday. But it seems to me, there's enough buying activity to suggest that within the context of what's gone on for the year, remember, I'm trying to put into a big picture. I want to be very negative. I kept coming back and saying, you know, this is good. This is not bad. Look at the XLK. This is the XLK. It's one of the worst sectors. They've got slams. It's the S&P, a select text spider fund. It's not holding pretty done well. It should have broken down much more with some of those text stocks just being lambasted throughout the year. And here we go. It's a very nice action. So within that context, I'm just saying I couldn't get as negative as I wanted to. Especially, she said, this is terrible. Let's look at it as if it's terrible. But in fact, all the stuff I've been looking at said this is holding really well. It's still holding really well. So I want to get the picture in terms of my own timeframe. Within that context, even within sectors, some stocks within the sector, look, let me go to Hack. Hack is the, this is the, Bug is another one. This is the cyber security ETF, generic crime cyber ETF. So it's come down quite sharply. I made that a phantom peak right there. I just want everything to be in sync. So it goes to 67, 97 in November, drops sharply. But my big thing has been, why on earth does society have the cyber stocks where you surely cyber is such a big deal everywhere? Why would the cyber stocks not doing very nice, doing well at all? And they still look, look, here we go. Let's go to cyber, CY, BR. That's done quite nicely. It's done better than the actual hack chart. And if you go to CRWD for a strike, another one. So it's actually in a split PANW, PANW, PANW. Of course, this is actually holding quite well, but Hack itself as a generic cyber security ETF, hasn't done all that great. So you've got to be very stocked specifically, trying to do that as well. 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. The technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. David White's investment newsletter, the technology insider, is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future. David White has made his living staying on the cutting edge of technology. His weekly newsletter will give you specific recommendations for valued tech stocks, as well as entry prices, target prices, and stops to set for each trade. 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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, Foreside Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Hi everyone, we're back. Basil Chapman, this is the target technicians hour, just trying to sort out a little couple of problems. We've got a question from Phil in Puerto Rico about NRP. NRP is called Natural Resources Partners LP trading at 46.95. So the big question for me, when I look at a chart like this and I look at the monthly, it's had a spectacular move. It's gone from around about the 80s area all the way to the 50s and then it pulls back to the 35, 36 area and now it's back in the 46 area, says to me that it's in play. And what do I mean by in play? In play suggests to me that pullbacks can be bought, but the timing of the pullbacks is important. Now, when I say timing, look at this. There's a stock that's trading as if nothing's happening. It pulls back a little bit, goes under the 200 period moving average back in the 6th of July and then whoop, it spikes from 3621. It goes in three days, it goes to 42.70. That's a big percentage move. It pulls back. It has to retest the 200 period moving average. It does that. Then it goes peak A, peak B, peak C, peak D. I'm using one hand. So I'm not going to type yet, but I will put in a D right there, up a case D, up a case in the way, up in the lower case in the way down and then it pulls back. Now, technically I should go with a down arrow. In time it would be appropriate to go to a down arrow, but in price, look, it held the 9. The 9 didn't go, I mean the 9 didn't go under the 14 to change to peak even on the big dip down to the 41s from the 46 high that it made and now it's trading at 46.95 up 81 cents. So I don't know whether you're long. If you're looking at it, I'm going to make a suggestion here. You see these sharp drops and then it goes sideways and then it has a big move up. It's a stair step move. It's a pattern that makes timing very important. Now the fact that it's held at the highs for four sessions, let's call it three sessions because of that Wednesday pop to the upside. That's a change in character and it says, yes, you could pull back. Either you're going to pull back way deeper or you're going to pull back much, much milder. I'm going to say, if you're not in it at 46.95, you start your position. It's not your full position. It's just a starter position, meaning that it is a smallish position in this case. And one of the reasons is you can add to it if it strengthens because at weekly chart this is not, yeah, this is not a leg A. Remember the bar that makes the low cannot also be a high. So this low right here on the week of the 8th of August, sorry, 8th of July at 46.21, you have to wait for a higher low bar to say you've turned the corner. Now you're looking at higher lows. So this is where it starts. So that cannot be an A. So I'm going to put it in here A. And for those of you are new to my work, that A gets canceled out because it's not an official, it isn't even an unofficial. It just cannot be in the Chathamway methodology. That is wrong. So I'm going to put a big stroke through in fact of making an X. That cannot be a high. That is A in the new move to the upside. And we're in the process of in leg B because you've got a whole week to go. If it takes out the high that was made last week in the 47, tell you right now, 47.30, if it goes one penny above 47.30, that extends leg B for this week. And then you're looking at the monthly chart. So this is a really nice action. And I'm going to say a little more than a starter position right here. But I would also in my mind say I'd like to split it into two. I'd like to get one position right here at 46.95. But if it doesn't push quickly into the 47.32 area, but it says sausage digest gains starting tomorrow the next day without making a new recovery high above 47.30, I would say I'd add to another position in the 44. I wouldn't like it to go below 44.60 on the short chain to add. But if it pulled back to the just under 45, just pull back under 45, I would add another small position. So now you've got yourself two positions looking at higher highs, hope for higher recovery highs. And then you could even add to a distance see what happens. So I hope that helps you. A question, a couple of questions came in. Oh, I can't even see it. Let me just see if I can move this away. Got right here. The YouTube Tiger YouTube. Yeah, I don't reverse a little on hack. GPK, Rochelle. So this is very interesting. GPK. This is graphic packaging holdings. Fabulous move up. I so much wanted to get into it about three days ago. It was making a pattern that identified as Chapman falling exformation. But there was so many other things that we were looking at, you know, when things start to move up, there's always just not enough money and too many too many stocks to get. So I had to just be as conservative as possible. This is a fabulous move. Yes, Rochelle. This is a this is a tremendous move because it's an all time high. This is a brand I'm going to call it. I have to be faithful to my technique. I'm calling it E slash A in the daily chart. My bias right now is to think that this really could be an A. Oh, I'm sorry, B. It says E slash B in the daily chart. It's a D in the weekly, but stocks that make new all time highs tend to stay on your all time high list for quite a while. And this is so bullish because I was looking at it recently. I have a subscriber who's worked for the for the company then retired new all time high. And this graphic packaging holdings. This is just telling us so there wasn't what was Oh, PKG is the other one always PKG PKG is the other one I always look at PKG is not acting as well. It's kind of stuck in the lower range packaging core of America 168.50 was the high in April of this year. It's pulled back quite sharp to the 133 area now streaming 143 just starting to get go. No, no, no, I like the PKG PK. That's a much better chart at highs. You want charts at all time highs. If you can get them because you mustn't be afraid stocks that make me all time highs tend to stay on the list for a little while stocks that make lower lows all time lows tend to stay on that list for a little while. So I'm going to ask my engineer L to give me give me a yell when he wants me to cut out for the final segment the last break. And yes, see, this is what I'm saying. This is such a mixed market. If you don't listen to the news, I mean, everywhere I go with people rolling their eyes that a big gathering I was I was out over the weekend. I know people were shaking their heads about the market. I never said a word. I'm just listening to everyone and the news is much worse than the charts. So I believe we've got about a minute to the break. So before we go into the break, there are three things I want to just quickly look at. One was natural gas. I had a question about that natural gas is starting to move up again. But it's not a great chart. So it's kind of stuck with this is usually the season that starts to move. I'm watching it closely. That's that's a natural gas. The other one was RH. Is that telling us anything now? This is RH is former RH. It's the oh man. I used to know the silver RH. Anyway, they enter handles and all sorts of things to do with furniture. And it's not a good chart at all. So that's a problem. Home Depot was the other one. Home Depot trading at QA1. It's had a big move up and that's in the big consolidation. I think this really is part of the housing sector. So you've got to be individualized. You're going to be looking at what's working. Are you grinding in the market but seeing little to no return? Or are you a successful trader simply looking to make your job a little easier? Learn to take the path of leased resistance with David White's powerful trading newsletter. David White is an accomplished trader whose deep understanding of technology and the markets allows him to consistently find and share winning trades. Support and resistance define the ranges in which stocks trade. By understanding these trading ranges, David White is able to find the path of leased resistance. 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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 Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to, 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. Starts to close under 4,400. It says you're in for a bit of a pullback, maybe going into tomorrow morning. That's what I'm looking at. Okay, question came in. I've got Bank of America calls. We're our long Bank of America, by the way. 32 October calls. And what am I looking at? The question is, so I'm looking at this. I love the move in Bank of America right now, but I think it's still a little early in the whole process. So I would do this. You've got a fabulous gain right now. Take some money off because you're talking about options. Options diminish in premium really quickly either way. So take something off. I would like to keep a position all the way into well, September is going to be 16. That's this Friday. So you're going for a whole an options expiration in a month's time. I wouldn't get too carried away. I try to keep at least something for October right now. I would definitely take something off at 36. Question came in about GSM. GSM, I think I've done this before. Yeah, GSM, very nice move up today. Faro Globe, PLC, trading at $7.15 up $0.18. Yeah, made a peaky. I love this pattern. You know, I love this channel and it's broken out of it. To extend, you want to see $7.28 by tomorrow, holding the $7.10 area. And then that'll be a good sign. So I think I'm going to be wrapping up in a month or whatever. And I've got to, you know, I've got to.