 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 I'm the host of the Tiger Technician Hour I'm also the author of the opening call and for subscribers to my opening call this Wednesday night we'll be having a webinar 4 o'clock to 5 30 you can sign up it's you can always get your money back if you're not happy I've got umpteen videos and archived on the different techniques it's called the power of the 914 EMAs so Exponential Moving Average and other indicators in the Chapman methodology Wednesday August 23rd 2023 4 o'clock to 5 30 p.m. presented by TFNN so I'll be discussing how to use the 914 Exponential Moving Averages to assess sustaining power to prepare the for the market turns remember that's what we've been talking about to me actually put this in the side there I'll put it over there now as I'm talking you can see what we're doing so you saw the Dow that nine-period moving average it took right it took about eight or nine sessions before across negative they took it to a sell mode that doesn't mean to say that what we're expecting right now is a balance but that says that the trend is down until there's a there's a significant change in the technicals how to use the on balance of volume in this particular instance gave us the exact top on the August the first there's that blue line turned around right on the on the button where we're shorter we're still short we actually now have a trading position on the long side I'm not sure how that's going to work out just it's only a trading since it's a real short term we could be out today we can be out in two three days which I don't expect to hold it for very long we still call on from way back October we're how to use the 200 period exponential moving average look at this 200 period exponential moving average look at the TLT it was a TLT no it wasn't a TLT good grief I had it in my mind right just a moment was oh that's right the dollar we were looking at the dollar look how it's stored right at the 200 period moving average that's been a very very strong resistance area for some time look you can go every time it's gone about six or eight bars daily daily bars above the 200 period moving average back in February of this March of this year in the eighth and 105 for an 88 that appeared with a doji candle high look how it turned down then it tried to do it again back in late May early June held for about 1 2 3 4 5 7 8 9 10 14 bars it became all the way back down try to test it again beginning of July hit it once just missed it actually the 200 block became all the way down and now it's right there and it's starting to hug that except the difference is that if you can see the stochastic at 91 I'll be talking about all these different things holding steady in the 90 percent area 88 to 90 percent over the next couple of days that's going to say that their chat wave inside wedge target repellent line up with 104 maybe 104 15 is a possibility but that's all it is I suspect that this 200 period moving average is more like a magnet right now we'll be watching it very closely so within that context let's go back to what we're talking about yeah let's see there it is where's my if I can find it right there it is hit the P button there it is bar symmetry you know I love I've been showing you all for weeks now how we've got those arches or the cup formation where you can measure the number of bars on the left side coming down to the number of bars going back to the same level on the right or the vice versa we'll be talking about that discussing how what we're looking at and why we're looking at and why it's so important and we'll be using these core tools plus many others and I'll be doing a 90 minute some of it if I can I know I'm not promising but it might be live because the futures will be open and I'll be able to show you like the futures right here the one minute chart went to in the 10 minute chart went to a P D look how a G look how long it took for the nine period moving average to turn down now it's gone green again and there's no after G in the chambering methodology you can't get an H so this has to be called a B no matter what happens I have to even if it's a failure pattern have to call it a B and that says there's a chance that we can make slightly higher highs we'll be watching this closely let's get back to our story and the story is that bonds just kept down to a leg F in the daily chart this is another chapter we have notation leg F the G slash C now talking about the left side right side price time match look at this it's amazing here's the TLT this is the Lehman 20th Treasury Bond Fund 9185 was I should have put the date right I keep talking about it the date was 28th of October so yeah we got 8 so 28 10 28 23 and the low today so far is 90 to 58 and look I did this measured move to a particular candle because it didn't look like it could make a perfect arch and then an M shape lowercase H to a lowercase M I'm going to be talking about all these patterns and what happened uh Friday was the the measured move today's a day late and it's gone down to a lower low ah I tell you look at the TBT minute I talk TBT I shouldn't talk to oh there it is by mistake right there put it over here TBT TBT and look at that beautiful cup formation but you know what's funny is that the bonds have just missed the left side low but the right side the left side high of the week of the 28th of October was 39 32 3.92 percent here we are 3.6 3.6 27 36 27 so we haven't seen a commensurate exact move so that's what I say very often is that the inversion of whatever you're looking at gives you a really good clue and that's often what we've used we use the DOG which is the one to one short the doubt to to kind of get a measured move um of of a particular stance to see how the mirror image is acting and you can see that this has a little bit of a way to go to see if the TL TNX that's the 10 year 10 year is TNX dot X and there it is um 43.33 was the high back in October of last year and today the high is 43.32 we are two cents away from making a new recovery high so that's the measurement that we want to look at and look at the chat wave inside which target resistance line right there went just above it oh this is going to be very interesting yields are going higher and that does affect the market that says to the market hey I'm having a little bit of trouble here oh let's just have a look at the HDX that's the there we go HDXs did I type that in the right place oh there it is it made a peak C with an alternate count maybe a D is pulling back a little bit 3.56 that's look at the daily chart that gives us a much clearer picture yep made a lower low than Friday this is the story that you're going to see a rotation that says whatever you think of that can go to the upside um is going to have a tough time holding that's why I decided that we would just take a small position a little bit of aggressive position just in the possibility of a bounce I'm not sure but that's going to hold we've got a really tight stuff on that but we've kept our core short positions two more short positions let's see what S&H is that semiconductor ETF had a nice balance of 2.37 at 148.50 or that's the reason why I've been taking a little bit of a short side of the S&H is we'll see where this goes because it's not really helping the market at this point we'll be back puzzle chapter time quickly this is our downtown semiconductor if you're looking for potential trading setups in the stock market then rocket equities and 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 and options report today with a 30-day money back guarantee so you have nothing to risk for all the details and to start your subscription today visit the front page of TFNN.com TFNN educating investors 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 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Tiger's Den hosted at Discord TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours the Tiger's Den available to all Tigers and Tigris for just one dollar for the year 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 I've always had a question about expanding designs develops manufacturers smart EVs this is trading up a dollar 87 of 12 and a half percent that's very nice it's 16 15.87 this is this is important why because this whole segment this is Chinese but the whole segment of the EVs electric electric vehicles I wouldn't say decimated but they've had some of them have had a really really strong decline especially the ones that when you look at the battery manufacturers etc so this is a period where maybe you can start to consider um maybe tiptoeing in a very small position because we're getting close to in this case the 200p removing average is 13 59 we got on friday we saw 13 70 something I think no it was did I say 13 I meant 15 sorry yeah 13 all right so we did get to 14.21 on Friday and today's highs 15 is 16.92 I mean that's a huge gain percentage wise but look what happened this thing went basically not straight up it had higher highs and higher lows it didn't even bother about the 200p removing average back in july on the way up but it has gone from the sevens to the 20 I mean almost a triple right to the 20 exactly 23 62 high I may as well put that in here 20 360 too high xpev 60 I think it was 69 I said and that's a span in God and how you pronounce it designs the verbs manufacturers smart EVs and that goes red because it definitely got into cell mode in the in the week in the daily charts cell signal to cell mode in the weekly chart very nice rebound so I'm anticipating this at least an opportunity here for some of the maybe for some of that in that that particular sector to have a little bit of a bounce but it might be very selective let's look at tesla I mean tesla this is the king and the king went to the 200 period exponential moving average from 299 29 and it pops down to the two 12ish area and now it's a 228 22994 this morning nice bounce this is what I'm saying a little bit of a rebound I would not call these anything more than rebounds in that case the core uh cell mode that we're looking at is is still unfolding and uh all I can say we we want to now look at the weekly charts because we closed the week on Friday so now this look I had a question could you please look at the the more intermediate term so in the Dow the Dow is now with the weekly chart I said we hadn't even got to a cell signal until we have to wait for Friday's close Friday's close said you can initiate the idea of a cell signal but the magnia hasn't crossed negative just cast to get that point was over it must have been in 78 percent areas now at 77 61 this is the weekly chart but there's a lot of evidence that suggests that the Dow weekly chart would at least get to a cell signal it hasn't done that yet I'd like to see closes below the 14 period moving average we haven't had that weekly chart is still pretty good look at the s sbx this is the s and p look at that give me back some of the gains up 13 right now at 43 83 the weekly chart did close under the 14 period moving average in an alternate count g slash c in the weekend because there's a chance that that c can go to a d I think give it just a little bit longer so we'll see if there is a close any day below the low of Friday which in the sb's case is 43 35 31 if there is a close below that I will have to issue a cell signal and maybe even by Friday an upgrade to a cell mode in the weekly chart but so far it hasn't even given the cell signal the monthly chart is acting pretty nicely technically looking at the q q q this is where there was a little bit more pain in the shorter term because at 387.98 background on the 27th of July it it dropped to the 14 period moving average and the daddy then ran up and failed to go to a higher height made this right arm extend so he made this right shoulder failure pattern and that became the dreaded H but it was at a c and is still dropped sharply so the low at three on the uh on the q q q at 354 71 on Friday uh below the low of June the 26 357 59 that is not good action at all so as we're looking at this we're looking at the for the pink nine period moving average we couldn't even get to the price for the last four sessions that's a 364 31 and if you look at the weekly chart having closed below says you're really close to a cell signal I need a little bit more evidence to say that if someone had given a couple of days well it's a weekly chart I have to wait till Friday at four o'clock and the monthly chart had a really good single leg a up and I wouldn't be surprised if in August that becomes a peak a all right so in that context is to get the IWM to get to get these major indices done one 184 23 down 42 cents hasn't taken out the in fact from June this may be making higher lows but that weekly chart had a very at a peak c in the left side right at price time match perfect to the low that was made the not the original low but the low that I chose from this particular candle well we're talking about that on on Wednesday night what kind of candles do I use what do I like you know I'm talking about Chapman Roman candle such an important ingredient in my work and now let's look at the double top that was made how these double tops form is just uncanny so you go to a high in February the week of the third of February at 199 26 I mean 199 when I say 199 26 February the I think I said the ninth it's quarter the ninth for now two three um 199 not the 199 nine some people along would love to see that and then the high was 198 75 less than a point away after all their time five months it goes to February almost six months it goes to the 27th of July 198 75 and there's your double top except that the magnetic was much better than it was before the stochastic was actually much better and the on balance volume was way higher so that says to me monitor this closely because it's saying that they could we don't know yet but there could be some internal strength in the Russell I shares Russell 2000 ETF and that will make itself known on this potential attempt at a rebound if it can close over 187 188 that resistance area um at any point in the next week or two that'll say oh that's interesting if it just can't get there and 186 turns around if it can't even get there and then fails that's really put down 117 as appears s&p is up six this is uh this is going to be a tough one looking at the mini there was a double top yeah this is fascinating so that's an ABC that goes down the lowest you can't count that oh this is that failure for it's almost like an Eiffel tower straight up straight down from early in the morning uh it doesn't happen very often but it does happen to say this is the one time that the microwave methodology does not give you a peak abcd but fails at a peak b in this case the 10-minute chart uh because of that early opening spike of failure that's though those are the times you've got to be really careful i'll be back in a moment uh Russell job tiger because it's our we'll talk about these moving averages 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 keg stats tiger forex report teddy keg stat 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 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pink make it pink make it a little bit smaller because i would have typed it in smaller so this is what i call there's a choppipe instant restart at apkd we'll be talking about this for those of you who use my choppipe methodology and know about the the instant restart and flat base restart and the unconventional flat base restart but what i would have done is with this decline right here with the instant restart and the pattern that i was looking at and going to a higher high at a g-sash b there is no h and the and if there was going to be a failure at c i was going to do this and then i just i didn't have time to do anything but i would have done this to say there's a chance that whatever highs we make because we keep coming back to the starting point we should come back and retest this particular low right here and that's this low right here that's the load 44 93 and that would be the time match that i'd be looking at right there and that solves the problem and it says that's the technique that i developed just because of this very choppy choppy choppy pattern that says how can you count that i call it the bath simpson hairstyle it's a spiky spiky hairstyle and it goes up but it comes but it keeps coming back to the low after pd and if it takes it out then it becomes an unconventional flat base restart oops i should have made this as a flat base restart but i didn't know at the time but it says watch out because you're going to come back no matter how high you get you're going to keep chop chop chop and then the one one slide should be to test that load which is what what it's done so within that context what we're looking at here in the dowdown down 168 as it be now 3.3 up 3.43 now i can talk about some other things you see this chart uh oh i haven't got it i'm gonna can i put it in yes i'll put it in right now so we're going to be talking about and this is something you can do it's so easy you just put on the nine period moving average within the 14 period moving average and you have them cross over there's just you go overlay the one you should be able to just hit it drag it and overlay and in this particular instance in my case when it when it flips negative it flips to pink if it goes negative and if it's positive it goes to green so what i said was i won't be able to tell the depth the seriousness of this particular pattern this roll over pattern especially for the dow until i see the width of the nine period moving average the aperture the distance between the 14 period and the pink nine period moving average and i see it expanding or if it just contracts and it keeps very narrow it says hey be careful there could be some real sharp moves over the 14 period moving average when it starts to expand like this it says in this case for the dow 34,078 we're at 34,328 so that's uh 400 and about 50 points higher that's extremely strong resistance the day's young but we've already failed on the first attempt at it and this should have been a rally that started off really good and then fails scare the day nuts out of everyone and then later in the session really started to pick up steam and went through to tuesday maybe the very beginning of wednesday and then it should fail that's the way i was looking at it if i was said on thursday if friday is a really negative close then monday we should get a much stronger counter trend rally a very overbought situation in the volatility index let's just go to the volatility index right here picks there it is and it is holding it's getting close to the 1836 level with the 200 period moving averages it's 1784 yeah a lot on friday it went uh to almost 19 then it pulled back at the close at an inverted chapter we have a roman candle candle and that says to me that if today the volatility index i forgot i think i meant might have mentioned this in my overview video on on that i did friday night i sent it out and it was on friday night that if the volatility index goes over 18.3 for about 60 to 90 minutes on monday that's today you could see a test of friday's high i don't know the day's young we'll see if that's going to happen all right so let's just get this let's just put this in perspective where are we i like to use the estimators as a kind of a warship this is this is some kind of a test of the general market i can't call it trajectories because it's just telling me where it's going but the lookout period so the lookout period says the weekly chart and the estimators the semiconductors closed for two weeks underneath the 14 period moving average right now it's above but the way the nine period moving averages pulling back it says it's still got internal strengths and just be ready for some kind of balance mac these negative stochastics that 70 percent on balance volume the blue line is very negative so there's enough residual strength to say that whole area of 143 to 142 is going to be very important support if by friday this coming friday we've got a whole five sessions to go if the estimators trading at 148 09 up $1.96 i should have clarified we are short we are short from uh the morning so we had 161 17 on 31st of july with a doji candle my technique said that we are really close to some kind of a deeper pullback we had a green candle the following day but we made a lower low and i didn't like the action at all i went through all the different key stocks and the semiconductors including invidia and i said nope i think we're going down so before the market opened we went short the uh estimators and i kind of aggressively short the uh via the sox s that's three times short etf and um we've done we've taken a little bit off we've added we've taken a little bit off and added again but we've got a core position in all of them that's the smh and the sox s and i'm anticipating that this ready is going to give us the absolute a tremendous amount of information because each rally you know there's a pattern that i call the dreaded age oh i don't know if i can get through i can yes i can here it is it's where you come down not you the price comes down and then it almost like a straight line and then what and then what it does i'm just looking at to see before i get a panic did i lose my chance no way no there it is so what happens is it comes down and it has a rally and it's read because if it has a running it fails at a peak a or a b and then takes out that left side low you can go a lot lower well the dust called the dreaded age there was a dreaded age there peak a minus it failed peak a there and a peak a here and we're in a leg at this particular point is this gate to fail that's the big question i'll be back in a moment bowser chaplain tiger do you know it does down 161 the gold report as a precious metal gold is still king it continues to hold the most effective safe haven and 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 obrien 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 obrien's gold report newsletter now at tfnn.com are you ready to take your trading to the next level introducing tom obrien's award-winning newsletter market insights your key to successful active trading tom obrien 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 season trader or just starting out market insights 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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 eight six six four seven six seven five two three 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 foresight fund services llc this program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz i've worked for back i had a question um uh i realized a question more for an economic show which you should if you shed some light on how you see oops there we go uh how can you see when you if i can read that oh okay yeah so um yeah it's a it's a it's a question and you're right i mean it is really an economics question um how you see the most impactful reasons for dollar rising i have this weird thing that says i i remember from the yen way back when in 1980s when general motors decided they would they would really be progressive they would use plastic parts for engines or whatever it is whatever the general motors did was abominable i mean abominable the union should have said we will not accept that um you've got to look after us while making the best product you can and you're forcing us to do stuff that is just inconceivable well they pay the penalty for that and at the very same time in the eighties i saw that to go to was just really improving the the tier just getting better and better and better and i i remember the the yen was kind of strengthening and to me it seemed like it wasn't like an emblem of the success of the economy um so within that context i've always looked at the currency of the focal point in the whole economic spectrum of earnings etc has been kind of important and i think the united states even today even with all the things that are going on still is is pretty much at the top and therefore i think the dollar in a way represents that now i don't think that's in the economic framework at all i don't think there's any textbook that would ever say that this is just my empirical you can't base it on one or two countries or anything but it seems to correspond to what i'm thinking so we've been along the dollar since 2018 visit the UGP that's the uh dollar bull it's the fund and we sort of go all the way uh the price gets changed but let me just go through this here we watch to go all the way to uh since 2018 right there we sort of go to 102.99 and then came down and went all the way to 100 and what did i think what was it at 144 14.78 back in uh september of 2022 we've taken a little bit of both kind of kept it and i've kept it more for that reason than on a on a technical basis and yet look at the nine this is what i'll be discussing in great years i know it's going to help a lot of you um looking at the nine-period moving average in the monthly chart it turned positive so we're along from over here watching go all the way up come down the U.P. held so we didn't get stopped out still that original position and look at this it went to an alternate count f slash yeah i think it's actually an f in the monthly chart and yet that nine-period moving average has been narrowing but it's still positive so i'm going to kind of stay with this stance on a purely technical level i'm going to say you know your icon of the united states is emblematic of of growth and all that obviously that's under tremendous pressure right now but that's just my thinking so i hope i didn't answer you in a purely economics way i answered you in a in a kind of a more emotional and and then a technical way so that doesn't really answer your question but in the shorter term look it's walking it's above the 400 the 200 period moving average but this is the first time and this is going to be very important that's the reason why i'm watching what happens very closely this is the first time since that june uh may june high where the nine-period moving average was acting great the 14 period it was way over the 14 the price was way over both they were all over the the um no they were that's right i remember now so the nine-period moving average was above the 200 period moving average but that 14 didn't and it failed so the 14 at 102.88 now in the daily chart has a long way to go to go get over the 103 15 level why because it's a lagging indicator and this dollar will have to probably go to 104.30 or something even higher before you could get that so all in all what i'm looking at is um i'm staying with that particular thesis and we'll see what happens the whole thing is how do we hit that if we may even get to the double top what do we do we had a double a top to this bar right here not the high of 105.88 on the eighth of the weekend no on the eighth of march but the 15th of march went to 105.10 the last high was at 104.70 so we might see a trend line here in fact i'll draw it in first of all i'll draw it in from here to make it a little bit more gentle and then i'll draw it in from here so from here it says eh all right we've got the 200 you've got the channel web inside wedge target resistance line and you've got this trend line at about just under 104 this one's much deeper and i don't like all these lines and we take the nine oh this one look at that we're right testing it at this one from the high of march to the high of um june either it was late mail in june and to where we are right now so this will be the first one let me just i'll keep it for the moment i'll make it dashed gray this one i'll make dashed like blue there okay so there we are we're looking at those things of course i had to get the sneeze in and let's look at the eu r usd this is the euro dollar currency pair look at that doji candle two three dojis at the top right there i love that and you make a high on the 18th of july at 1.12757 and you're at 1.088 and 9p moving average is still under the 14 it looks like the orange 1.08 oh 200 period exponential moving average is going to be a target at some point i could do a left side right side price time at but i'd rather just go to usd jpy that's see boss symmetry was taken out of there we're in leg e but it could be an alternate count but i'm calling it as an e right now and it's trading up 86 cents at 146.26 um wow that's all i can say this is good action that's another reason i think why why the market cannot hold rallies so as i said we did we've got short positions but just as a trade i said for just as this is a real it could be a very quick trade wow was it a quick trade at a one point stop on the udow we've gone in at 60 and it's trading right now at 58.65 i did not want it i didn't want to risk i mean this is what one in a little bit percent on the three times three times long how often can you have that kind of risk no risk at all but we're out in and we're out doesn't matter i am not to the no games we've got another one i made a wider stop because i think it's in the process of attempting to form some kind of a basis now this is fascinating because i had a question about uh uh you you you for us 1234 um is that the better one to get in the energy fuels uh uranium area it's very good it's trading at uh up 24 cents of up 3.69 cents five cents 20 um yeah i i like it i'm just going to take a moment here too we actually have uc which is the um uranium energy core famous move up 4.7 percent today trading at 4.03 i'll talk about the two of them i need to put them both together be back in a moment attention traders and investors are you ready to elevate your game in the stock market on august 23rd join basil Chapman the mastermind behind the renowned Chapman wave methodology and a subscriber exclusive 90 minute webinar from 4 to 5 30 p.m eastern dive deep into the secrets of the 914 moving average to code 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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 don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv so we're looking at you you you you and this is energy fuels and uranium stock you know i i like it i like the action i like the way it's held the 200 free movie areas the nine is above the 14 is breaking away but it means that the magnitude of 625 is there so that's 50 cents that's like a 9% risk so i'm going to suggest the joe that you you just nibble right here you've lost the the impetus for that having risk reward from the bottom now you've got this cup formation that's trying to go to the seven which was around about the high in june and it's trading at 672 but you've got a higher risk reward but out of the two uc you see this is the difference is that it's already on its way in this beautiful cup formation well i should say that we are long from 364 is it 401 right now um i this has done the one-to-one the chaplain wave expansion uh from the falling axe breakout it does it's it's kind of at that resistance right now this is the one that i think is a little superior in but now it's at 4.02 either one of these you could just start a little position and wait for a pullback and then you can add and let's look at it again but in the meantime the question was do i like it which one's better i think uc is the one uranium energy core and i as i say i'm not talking my book because you know this is now subscribers have had it for a little while so um but it seems to me that that's just a better one so just on the on the day we're down 159 there's still room for a little burst of energy but i think we lost it upside impetus and that just says that you've got to be careful here that with the tbt so strong that's the inversion of the ultrashore there's ultrashore lima 20 a treasury bond fund this is probably a leg f but it could be an alternate count but that's just saying that yields are going to be a factor and it is impacting those home builders so we've got this rotation going on so just be real careful anything you do trading on the long side you've got to be in the right sector but obviously you're going to have very tight stops have a wonderful rest there check out the front page of tia from our webinar coming up on Wednesday night with the moving averages and all these different