 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at 727-445-1044. Now, Larry Pezzavento. Okay, looking good, Billy Ray, feeling good, Lewis. We're going to take a look here at the DAX. As you can see, we have a potential double top up here in the DAX. You can see the smaller ABCD pattern inside of that, whether that's going to stop or not, but it certainly hasn't. It's a four-hour chart, so that's a considerable data that's gone through to complete that. We're going to take a look, of course, at the footsie like we always do. Let's get it up here and you'll see we've done the same thing, but it's not a double top in the footsie. Of course, it's a three-drive to a top pattern over the four-hour chart with a big ABCD up here. It hasn't quite made the double top, but you can see we're in that area where the ABCD has completed. So we'll take a look at that. We've got one commodity, folks. It should be on everybody's... Everybody's, what do you call it, guideline or whatever, to cross hairs, but the gold. First, before I get to the gold, I want to do the treasury bonds. Radar, that's the word. Dave, I want to tell you how impressed I am with your level of knowledge. I listened to your segment with Tommy O'Brien about Albert Einstein. Oh, my gosh. I mean, I don't know how you have time to read all of that and not only that, but understand it is what really is... It just truly amazed me. I'm very impressed. You should be very proud of your level of knowledge. Okay, let's move on here to take a look at the footsie we've already looked at. We want to take a look at the Nikkei, because we're seeing a bearish pattern here in the Nikkei, much very similar to what we're seeing in the Hang Seng. So we'll see you right at that 61% retracement at this 22,500. We're very, very close to it. That's only a few hundred points away. So keep an eye on this Nikkei. It's going to be very interesting. It's a beautiful ABCD down, a really nice double ABCD up with a butterfly pattern. So I don't know if you trade the Nikkei or not. I don't, but it'll probably be affected by the Japanese yen and we'll watch the yen dollar, of course, to see what it does. So that's the one. Over here, well, we should do the Hang Seng too, because that's doing the same type of thing that we're doing with these others. We'll just take a quick look at this. The reason why I do this Hang Seng every week is because we have so many, so many students and friends over in the Hong Kong area in China, and you can see we're right up to this 30,000, 31,000 level in that Hang Seng. So that's going to be an interesting one to see if it holds this level. We have a nice butterfly, three-drive pattern. It's not a butterfly. It's a three-drive pattern into that high, and we'll see whether that holds it or not, but we're over some considerable time here. Now, I'm going to do a two-hour show today because I'm going to help Tommy O'Brien do his segment with Tom Sr., who's out of the office. So I'll be doing that today, and then I'll be doing the three-to-five segment for Tom O'Brien tomorrow and also on Wednesday I'll be doing two hours in the afternoon from three to five. I don't know what I'm going to be doing yet, but I'm going to have some special guests, hopefully one really special guest, and I've almost gotten him talked into it, so we'll see if he's going to do it, and I believe he'll be as interesting as Super Dave is because he's a really smart guy. We'll talk about cryptocurrencies and some of the stuff that's going on and the Brexit and stuff like that. I talked to the president. He calls me every day to ask me what to tweet, but today I was real busy, anyway. By the way, those of you that like golf, I'm not a big golf aficionado. I have a two-handicap in golf, driving and putting, but yes, it would be John Jamesen if I can get him Marshall. I've almost gotten him lined up, but not quite, but to watch Tiger play yesterday and come back is not so much that he won as the way that he came back through the adversity. A guy who's at the top of his game and for the last 10 years, man, you talk about how your head can get screwed up. There's a perfect example of it, but the guy is a terrific athlete and he's one heck of a golfer, that's for sure. It's very exciting, though, to watch how I just don't understand the game that well, so I don't know too much about it. Okay, let's move on here and take, before we get to the one I want to talk about the most, which is, of course, the gold, I want to talk about the bonds first. Here is the German Bund weekly chart. We talked about this a few weeks ago when this was making this pattern where we had the beautiful guardly pattern, where the ABCD measured, it went to tad above the 78% level. Now we're heading down. Looks like we're going to complete the guardly pattern down here about the 162 level. We're seeing the same thing in our Treasury bonds. They're under pressure. They had that area of 150. That was so very, very important. That was a 61% retracement on the weekly chart and that tells you where it wants to go, folks. It wants to go lower now. Remember, it took from October all the way to April to make that 61% retracement. That's a significant rally in a bear market, and it was at the exact 61% retracement from the high in August. Now we had that ABCD, the head and shoulders pattern that we can see there, but now you see we're backing off too much. That means that that head and shoulders pattern is not going to be what we thought it was because we're already almost at the 61% retracement of the low from the 144-28 level. That's telling you that this wants to go lower. That first little rally, remember this is a daily chart, and if you look at it very closely, you'll notice that after we made the top at that 150, 20, we came down for about six or seven days, and then we rallied for four days, and we could only rally three-quarters of a point. We couldn't even make a 382 rally, folks, and then look where we are now. We're trading below 147 again. That's not a very bullish pattern. That means we're going lower. Whether we get a 382 retracement or not remains to be seen, but that's what it looks like with these Treasury bonds. These Treasury bonds, Treasury nodes, looks like interest rates are going lower. I know that the whole world is talking about negative interest rates, and that might happen here. I don't know, but my goodness, if negative interest rates happen, that means the bonds are probably going to have to go to 200. If that happens, I have to get Walter out of the old corral here and head him out into the desert, because my trusted little borough won't believe that one. I just don't understand how people can even contemplate negative interest rates. I don't know where academia comes up with that, but they came up with quantitative easing, too, so they don't ask me about these things. But to pay someone to hold your money, that doesn't make a whole lot of sense. I know banks do it, but, oh, well, I better get off the soapbox and not worry too much about it. We've got a break coming up here. When we get back to the break, we're going to take a look at the gold market very, very extensively, and we'll see if we can come up with something that looks interesting in gold, because it has a little bit of a negative connotation on the charts here, because we're breaking down again tomorrow after the big break on Friday, so it's important to watch the gold as it starts to move down. So we'll be right back. 877-927-6648. The TAS Profile Scanner is the most revolutionary piece of trading software that you will ever try. Wouldn't you like to approach the markets with confidence? As you begin your trading day, it's likely that you'll be faced with lots of decisions. In order to make the best decision, the first thing you'll need is a strategy that will help you minimize your risks. Whether we're in a bull or bear market, a good strategy is to have the tools needed to help you scan and analyze the markets before you trade. The TAS Profile Scanner instantly scans and filters over 2,500 global financial markets, such as stocks, ETFs, commodity futures, and forex. Headed by Steve Dahl, president of TAS Market Profile, the TAS Profile Scanner understands that in today's technological world, the use of top-flight software applications automated trading algorithms and technical analysis expertise is essential to successful trading in today's market. Whether you're looking at the trade matrix, the ETF heat grid, the market breadth, the landscape charts, or the many other features of the TAS Profile Scanner, this is a piece of software that will revolutionize how you look at the markets and set up your trades. The team at TAS has even put together a 12-part video series to talk you through every aspect of the TAS Profile Scanner, which you can find directly on the TAS Order page at TFNN.com. Sign up now for only $97 a month with a risk-free 30-day trial so you have nothing to lose and everything to gain. See for yourself how you can harness the full power of the TAS Profile Scanner by visiting the front page of TFNN.com today, and you'll find the TAS Profile Scanner under the Services section. Remember, with a 30-day money-back guarantee, you have nothing to lose. Don't let another day pass you by without trying out this amazing piece of software that will revolutionize how you look at the market and how you place trades. Sign up today. You can test drive the Tiger's Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you. Details on the Tiger's Den are on the front page of TFNN.com. TFNN has launched our brand-new website. You can still visit us at the same TFNN.com URL, but when you do, you'll see a new and improved homepage with a much simpler navigation, whether you're watching Tiger TV live with a high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new TFNN.com now and experience all the upgrades. TFNN.com educating investors. Call now. Toll free at 1-877-927-6648. Internationally at 727-873-7618. Okay, folks, let's take a look at the gold market. We're going to go back to last December. Remember, gold bottom a couple years ago, December of 2016, when it was down at $1030. We had a pretty good rally there, a couple hundred bucks, and we backed off to $1170. You can see that right there in August. But this is what we've got coming up now is very, very unusual because you can see the head and shoulders pattern that we have here. Now, that really is a perfect definition of a head and shoulders pattern. You have the left shoulder, and then you have the head and then you have the right shoulder. The right shoulder should be higher than the left shoulder if it's bullish. And if our forecast is correct, and we're not sure that it is yet for sure, but it looks like we could be heading down to the area of around 1260 to 1255 is what we're looking for. Folks, we're only $30 away. You know, it's not very far. You could be there in a few minutes, actually. I think it's going to take longer than that. One of the things that... This was...Edwards and McGee did some work on the head and shoulders pattern along with other people. But if you look at the distance between the left shoulder and the head and the head and the right shoulder, it comes out to be equal. That date comes in on the 22nd of April, folks. That's a week from today. So there is a possibility that we could be down one more week. We've now taken out the lows of April. We did that just a little bit a while ago, but we are... We can easily get a $11 to $17 rally in gold at any time. And so you have to be prepared if you're looking for something bigger. You've got to set through that because you don't know if it's a fake out or not. But between $11 and $17 rally in gold happens all the time. We know that the harmonic number in gold is 34. We saw that on the way down because it stopped right at 1282. And the other thing that we know is that when it rallies half way back, half the harmonic number, that's 17, and 61% of 17 is 11, so all of that sort of fits together. But if you look at this really closely and those of you that get the newsletter, we went into this extensively. You'll notice that the ABCD pattern measures down to around 1257. That's the 50% retracement. That is also going to be the 61% retracement of the low that we made in November, which was also a 61% retracement off of the low that we made on August the 14th was right near that eclipse. So these are all lining up really nicely, and it's going to be interesting as we come in here next Monday because we have a holiday on Friday, a holy day, I shouldn't call it a holiday. It's a holy day on Friday being Good Friday. And so we'll have a really interesting time to look at this on the 22nd. And we have very, very little astrological things happening too much, but we have a really good sun conjunct mercury, which might be something very important because that was known as combust to, I believe that's mercury. My eyes are so bad, I can't see it. Nope, it's Neptune. Sun conjunct Neptune, which would be related to Crude or not to gold. But anyway, the 22nd is where the measurement comes in. It could happen anytime. It could not happen at all. All I know is that this is a perfect setup for buying gold. And I've been bullish gold for a very long time and I'm looking to buy it again. I bought it back there at the 1178 level and I bought it again at 1200. And I got out of it way too soon, but it still was a good trade. I'm still looking for this buy to come down in here. We're still short. We're thinking we could still get to this level and if we do, we will reverse and go short. Now anytime that, let's play the devil's advocate here because the devil's out here trading too. But you'll notice we had the high that happened here in late February. Then we had the 61% retracement that was perfect at 1324. Then we came down, rallied up again to a perfect 78% level of 1314. Now we're trading around 1287. And I think we could easily get down there to this level that we're looking for. But if by any chance that we get above 1320, in other words, something happens that makes the gold explode to the upside, that means that this pattern is not in vogue anymore and something is seriously wrong. But if it does get down to that level, I would suggest you look at it really, really closely because this is going to be one of the more, one of the clearest ABCD patterns that you can get. Notice the time, go back last year from when we made the little butterfly pattern up at the top there at the 78% level on the long-term weekly chart at 1368. You'll notice that on the way down there was only one really clear ABCD pattern and it only had a rally of about four or five days which is almost nothing. It was pretty much a straight down move whereas this one has several swings inside of it. Not only that, but you've got a head and shoulders there which is one of the more popular technical patterns. This is one of the key patterns that Dr. Andrew Lowe analyzed in his book, Non-Random Walk Down Wall Street. This is going to be interesting. Now, whether it happens or not, I don't know. This is the same pattern that we've seen in the Treasury Bonds that I posted just a little while ago when bonds were down there making that 382 retracement with the ABCD pattern. That would be the same type of a pattern in the bonds. They rallied more than five points off that spot. So it's not something that you don't want to pay too much attention to because it's very, very important. Now, if we look at the silver market, just to give you an idea of, you know, because silver is the poor man's gold. Hold on here. Bruby is saying Larry, can the dollar going down or going down? Yeah, I don't know anything. I don't look at those things that way, Bruby. I look at the darn chart. The less I try to figure in what the heck is happening, I'm better off, Bruby. All I know is if I look at the price of gold, there's more buyers or sellers. That's all I'm looking at. If I start trying to figure in, oh, what's the relationship to the dollar? What's the relationship to the end? You know, that's beyond this old Italian's pay grade. So I stay away from that. I look at that chart. That's what's going to tell me what it's looking at and that's what I try to do. I've got a lot of smart people out there that send me stuff that is really, really interesting but I can't let it affect what I'm looking at because I just look at the chart and it says, okay, if I do it here, this is what I know I'm going to risk. All that other stuff is like cobwebs for me, Bruby. I'm telling you like it is, dear. I'd like to say yes, I'm like Super Dave and read about all that stuff and learn the fundamentals and stuff but I frankly have not done that in years. I look at them one at a time and if I can see something in that, that's what I'm looking at. I keep it as simple as possible. I'm just not, you know, especially, you know, I'm going to be in my eighth decade here pretty soon and I, you know, I really just don't have the energy to do all that stuff and it's easier for me to do it this way so that's what I'm looking at. So let's take a look here at the silver. I hope that helps, Bruby but that's the truth. I could give you a lot of, you know, BS which I do a lot of the time anyway but I could say, you know, yeah, I do all this stuff but I don't, I just look at those patterns. Here's a perfect example. You're seeing silver here. We have a different pattern in silver. This says it's going to, you know, bottom down around the 25th of April and that would be down at the 440 announced levels. See, all of these are getting close, you know, to these levels so it's already telling you that it wants to go there. So the, but at any time you can get 11 to $17 rally. You know, that's $1700. You don't want to set with a, you know, unless you sold it really good and then you say, okay, I have to, I have to make my game plan is I want to be able to see if I can get out of the short position at around 1260. That's what my game plan is. Whether I do that or not, you know, I don't know. Right now it's got a nice profit in it but if I have to give some of it back to make that, I've got to make that decision and that's what I'm doing. I hope that helps. 877-927-6648. This will be up to the date active trading information that will help you in your daily trading. In Larry's first week alone, he sent out 25 charts, six videos and a full report to his subscribers in just one week. If you're a technical trader that uses patterns and retracements to trade, then Larry's service Fibonacci 24-7 is something that you must try. Right now, new subscribers can get a full 30-day money back guarantee with nothing to risk, sign up now to Larry Pezzavento's Fibonacci 24-7 by visiting the front page of TFNN.com under Trading Newsletters. The path of least resistance is David White's daily trading newsletter and if you're looking for active trading ideas, then now's a perfect time for a 30-day free trial to this powerful daily trading advisory service. David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance to this powerful daily trading advisory service. Using a combination of equity trades along with options, David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted. Don't miss out on this great chance to get a 30-day free trial to David's daily newsletter, the path of least resistance with no obligation to pay anything. David has been delivering solid recommendations for his subscribers recently and if you'd like to see the type of newsletter he delivers every morning, then visit the front page of TFNN and you'll find the path of least resistance under Trading Newsletters. For all the details and to start your 30-day free trial today, log on to TFNN.com now. TFNN is excited about our new software charting program, the Art of Timing the Trade Chart. In collaboration with Tom O'Brien and using his best-selling book, The Art of Timing the Trade, your ultimate trading mastery system, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, The Art of Timing the Trade Chart allows you to scan thousands of stocks for Fibonacci formation setups, including Gartly's, ABC's, Butterflies, and much more. The Art of Timing the Trade Chart is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. Right now, we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade Chart today by visiting TFNN.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Okay, folks. I want to bring this chart of platinum up. It might help answer Ruby's question about the looking at gold and the dollar, because I will look at the metals themselves, but I won't interchange the intermarket analysis with the U.S. dollar and the euro and all that stuff. That's just, I just can't do it. But let's take a look at this platinum. You notice we had that big ABCD pattern that completed up there at that 915 announced the high was 920. We're now backing off. We're almost, if you'll notice the old highs that we had there were at 882. You see how they line up the high we made in November, the high we made in February, and then that would also bring in right around that 880 level. It's very, very interesting. That's, you know, that's coming down to that point. So what I do is I, and I'm not trading platinum right now, I'm just looking at it. What I do is I'll go in and I'll go over the last five or six days to see if I can get an area that'll tell me that we're going to get down to that area near the 20, excuse me, the 9, excuse me, the 880, 3, 880 level. And you can see we've been to 883 already this morning. We're trading around 885. That is a butterfly pattern that we're seeing now over the past, you know, five trading days. But it's setting at a really interesting spot here, technically. Now, if we go below the excuse me, the 870 level, that's quite a ways it's $15 from here. That means it's, you know, going to break down some more. Now, if I'm looking at gold to go down another $25, most probably platinum's not going to go up during that time. It can, but that's what I'm saying. And then it also silver would be dropping another 40 cents down to the 1440 level. But at those levels, look at all the things you have going on at those levels in silver and gold. There's where you want to make your stand. I mean, you've got so much stuff that technically, if you like technical stuff like pattern recognition, you've got everything lined up at that point. I mean, the gold and silver should be on your watch list. It's certainly on mine. And I, you know, basically I'm still short to gold and I think that we got a chance to get some lower levels, but at any time we can get $11 to $17 rally that'll scare the Bajibis out if you're short. We've seen these already. We've set through those. We did, we did cover and then put it back out again on one of them, but you know, you don't always get that chance. So that's one of the things that we're keeping an eye on. This is, you could make a textbook on this gold chart, folks. Yeah, silver too, but gold even more so because it's all the pattern recognition things that you look at. You've got time and price. You know, just got, you know, harmony, you've got harmonic numbers, you know, you got the whole gamilla. So I think it's going to be real interesting if we get to that level. We're trading it. See, we're only 30, less than 30 bucks away, which isn't very much. So especially when things get little hairy, like they do in some of these markets, you can easily get to those levels without too much trouble. So we're watching it closely, but it's up to you to do it yourself. You're the one that has to take the responsibility for these trades, folks. We can give you some ideas, but you're the one that has to put in the order and take the responsibility, you know, for doing it. That's the real key. I think it's something that's very, very important. The other thing that I want to mention since we're talking a little bit about trading and Tiger Woods, you know, the thing that you've got to give Tiger credit for is he never gave up. He didn't need the money. He certainly set for the rest of his life being worth a few billion dollars or more, but he didn't give up. He knew he could come back. I know looking down in the sky is his old pop looking at him, telling him that you know, you did the right thing. You know, he made some bad mistakes along the way, but you know, he's done a lot for golf and a lot for a whole lot of other people. And so I respect him for coming back. That was the main thing that I was really excited about. Because he did as much for golf as Larry Bird and Magic Johnson did for basketball. So that's quite a bit. So they deserve all those accolades and believe me, I'm certainly not a golf fan at all. It equals bowling. I don't know why they don't have professional bowling on too. That's a better shut up Larry. You're going to lose all your customers. Here's, let's take a look at the bit. We're going to be coming down, want to pay real close attention to Bitcoin now, folks, because we're going to have a chance. We don't we don't trade it, but we look at it. We made the guardly down there. You can see that very, very clearly at point D at 3400, we rallied 2000 points to 5400 and now we're backing off. You want to see the 3A2 that'll come in if it does around the 4700 mark. So watch, watch Bitcoin because if we hit 4700 and take off from there, then you've got something that could be you know, very, very important. I really hope that I'm able to get John Jamison on in the afternoon, either tomorrow or or today, tomorrow or Tuesday to try Tuesday is tomorrow, either Tuesday or Wednesday and have him discuss the situation that he sees in Bitcoin because in crypto currencies and blockchains, he really knows his stuff. He was one of the first people involved in the Internet and he really is well well schooled in this and I'm really close. I'm really close to getting him on. I think it would be really great to hear what he says about that and it would be able. Yes, I remember one of my friends who's a really good golfer said Tiger would never win another championship and I I didn't believe that, but he said his back was so bad that he would never recover, but evidently he's recovered so that's good. Okay, we talked about the Bitcoin. Let's move on to the US dollar since we're still hovering these real critical level folks. Let's do the dollar index first and then we will do the Euro to match it out a little bit here. We'll see here what we've got is the US dollar. You see we had the double top up there. That's at that 97 70 level then we had a really sharp sell off that stopped right at the 78% level on March the 19th spot on right at a 78% level. What did we do? We rally right up to exact 78% level down to a 38% level where we were on Friday. This is still a very bullish chart now realize that in the last nine days all we've been able to do folks is to make a 382 retracement that is a bullish sign that is a very bullish sign so at any moment I think we can see a really strong move in the dollar IE up and the Euro IE down but that's a really important chart there in the US dollar index Friday's low was an exact 382 off of the low we made back on the what was it May 9th March 19th and anytime we clear it up to 97.20 it should have a lot of legs on it and if we get above 97.80 or 98 this thing can really go so that means that the Euro would be heading towards the old drain let's just take a look at the Euro because it's just sitting here here you can see the exact opposite of the Euro this is the Euro you look at it here I don't know if you think this is interesting or not folks but it's interesting to me the Euro made its low on April 1st okay and it's rally 10 days we've got as high as 113.30 and we need this to you know hasn't really gone anywhere there's a couple of small APC D's in there if you look at it on the you know 15 minute chart but that's a really really quiet rally off of any bottom as you can see the bottom from March 4th was really strong the bottom from March from February 15th was very strong this is done very little so it's looking weak to me I don't know if that means anything or not but it just looks weak technically 877-927-6648 if you are in the CD market and looking for a secure investment the Tiger 1st Mortgage Program may work for you the security for these first mortgages are building lots in the tax opportunity zone in St. Petersburg, Florida the tax act of 2018 set up tax free zones across the country where you can build and hold for 10 years in the profits which makes these lots valuable the investment is anywhere from 30,000 to 75,000 the interest paid is 7% yearly paid on a monthly basis according to bankrate.com the best rate for a four-year CD in the country as of February 20th is 3.1% a $50,000 investment at a normal four-year CD rate of 3.1% would give you income of $1,550 per year or $6,200 over the four-year period that same $50,000 investment in the Tiger 1st Mortgage Program would give you $3,500 per year or $14,000 over the four years what should you prefer $6,200 or $14,000 of interest on your investment if you'd like more information about the Tiger 1st Mortgage Program you can call me at 877-518-9190 that's 877-518-9190 it's amazing to think that Tom O'Brien started his weekly gold report 17 years ago with the first issue published April 7th 2002 when gold was trading at under $300 per ounce gold peaked at more than $1,900 in 2011 and after spending many years consolidating at lower prices gold may be poised for its next big run Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU, HUI GDX, The Dollar, Bonds South African Rand as well as 25 different mining equities with specific buy-sell recommendations as of April 1st of this year the gold report currently has active positions with an average unrealized profit of almost 8% for each open trade new subscribers get a 30-day money back guarantee so you have nothing to risk for all the details and to start your gold report subscription today visit the front page of TFNN.com don't let gold's next big run pass you by sign up today will the S&P 500 continue to climb for bold trades on US large cap stocks in either direction trade SPXL SPUU or SPXS directions daily S&P 500 bull and bear leveraged ETFs direction leveraged ETFs an investor should carefully consider a funds investment objective risks charges and expenses before investing a funds prospectus and summary prospectus contain this and other information about direction shares to obtain a funds prospectus and summary prospectus call 866-476-7523 or visit directioninvestments.com a funds prospectus and 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 for side fund services LLC the bull bear binary option hour next on TFNN we're back folks I'm going to I'll take a look at sugar in just a minute Ruby let's take a quick look at the overall commodity markets here this is from Bloomberg this is a monthly chart going back many many years well over let me see but seven or eight years right there you'll notice that we have a situation now where we're completing a really nice garden in fact we've already completed a few months ago in the commodity so that could be a really interesting spot you'll notice that's the on the lower two triangles that you see down there that Gartley pattern the first one on the left was a butterfly that occurred back in 2013 2015 but if you notice the I think that's 2015 I can't read the dates are too small anyway this is a monthly chart so it's got to go back a couple years anyway we made it Gartley there we've had a pretty good rally so it could be we're in the real bottoming process now remember we had these really good crops over the you know the past few years since 2016 so we're due for something 2015 so we're due for a pretty good crop shakeup here is my guess or some type of stimulated demand whether it comes from China or not I don't know I don't believe anything that comes out of the government anymore but if you look at this chart you can certainly see that it's been in a long basing action for a very very long time and it's got legs if it gets out of here that's for sure okay let's take a look at the sweet for the sweetest little ruby over here we'll get up the old if we can find the futures there we are and we'll get the sugar coming in right here and you'll see here in sugar we're making a nice bottom we've got a good place it's up a little bit today it's trading up near that 1295 level we completed a little garly down there at the 1230 that tells us that we want to get up we need sugar to get above that 1350 area ruby because that would be the last month's highs from January February that would tell you that you've got a really large ABCD forming that will take it close to $15 so that's something that you want to be able to want to be able to do that's I think it's very important that that we do that so if we can get above that that's okay now Coco we should look at that because when they make hot chocolate they always throw in a little Coco along with the sugar and you see Coco here is in an area where it should have a pretty good correction here you'll notice we've had that really nice bottoming we had the 135 pattern and we came down and we tested that 2140 I bracketed that in red brackets because it had a double bottom there and it must hold that 2140 level and that was the low it didn't get any lower than that and then it's had this huge move we went from 2140 all the way up to 2450 and now we're chopping around here for a few days what we need now is a 382 pull back in Cocoa to come down to about 2325 and then start back up again and then you've got a really nice picture to the upside now I don't trade Cocoa at all I did my first coffee trade couple weeks ago and ended up making one penny after being up five cents and I'm trying to get back in it today but so far it's up a little bit too much so I've got to wait a little bit but if you'll notice the pattern that we had at the 78% level we had that three drive pattern there and the easy one was the 135 pattern when we had that either three was a great buy because it was a pullback and number five was a great buy it was a pullback and they were equal in time folks if you look at the time that it took to get to point three from the high and point five from the high those were equal in time that's what we mean by symmetry because when you line up that time with the price that's perfect geometry and that's what that's what this thing is all about and it's not just cocoa it's other things too that we're looking at I'm seeing and I don't know if I'm you know not seeing it clearly or not but I'm seeing some really interesting bottoming patterns in some of these things that people are very bearish on corn being one if we take a look here at the corn market you'll just take a look at you'll be able to see it here you know we went down we didn't quite take out the lows for the year with and then you notice it's held again I mean if we can clear above you know 392 that's only 3 cents and we're closed on Friday you know you've got a chance to you know really make it you know something really spectacular but son of a gun you know we don't know if that's the if that's going to happen or not but no one else does either you know so we're watching it we're watching the news you know I talked to Rich Anderson every single day following the weather patterns and they pay a lot of money for these weather patterns and as soon as we see the slightest indication that El Nino might raise its head we're going to be heavily long these grains because they're making some type of a bottom the news has been very bearish I mean they're throwing more and more corn at us and beans and wheat and everything look at the wheat market what they did to the wheat for having sakes you know that was hold on a second I want to show you that Minneapolis wheat because even though I don't trade Minneapolis we wanted to bring it to your attention because we were right at that 1.618 level last week at that 522 and we had a nice 18 cent rally just off of that number it's still still holding above there so that could be a significant bottom in the Minneapolis wheat John Jameson asked me a question on Saturday he said if God said you can only trade one number what number would you trade and my answer to that was the 1.618 number and the reason for that is when you're looking at that chamber and watching that thing go around and around following those Fibonacci spirals the end of that spiral comes in at 1.618 and if you go beyond 1.618 from my perspective it's going to some number that's a whole lot bigger than 1.618 so if it doesn't stop exactly at 1.618 you're probably in trouble and that was my answer I couldn't use an ABCD I couldn't use a Gardley I couldn't use a 3 drive I only had to use one number and so that's what I did and then we went and looked at several of these trades that we were looking at and 8 out of 10 of them worked 1.618 is a key level folks that's the if you ever read a book called what was the name of the book by Greta Wood you where she talks to an extra terrestrial lady from Connecticut a psychic and she said how do I get in touch with you she said the AT said use the intergalactic phone number 1.618 on a slide of light that was the name of the book by Greta Wood she was a psychic and Connecticut I don't know if she's still there but her name was Greta Wood she evidently channeled an extra terrestrial I don't believe any of that stuff but I do believe in 1.618 that one thing I do believe in that is absolutely for sure now someone's asked me the question here how confident do I feel of the gold getting down to that level I don't know how confident I feel to get to that level but all I know is it's heading down there it could change at any time reverse I don't know but nobody else does either I'm just watching the price action somebody's selling gold more than they're buying it they can tell you whatever China's doing or whatever Ukraine is doing or Latimer Putin it doesn't make any difference but there's the prices are going lower I will almost bet when they get down to 1260 to 1256 if they get there they're not going to be too many people bullish that's my guess because there were a whole lot of people bullish in 1350 they're not too many people bullish now and that's the way they write the rules right boys and girls 877-927-6648 I'm certain you are or strive to be one of the best of the best at everything you do in life there's common trait that we Tigers and Tigers share if you're looking to become the best of the best when it comes to managing your money let me teach you to do what most wealth managers tell you can't be done which is how to time the markets I'm Steve Rhodes, author of Mastery Probability and for the last 12 months Timer Digest has been tracking my newsletter signals which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, 6 and 3 months also ranks me as the number one market timer for gold as well the fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the best at what I do sign up for Mastery Probability today by clicking on the newsletter tab on the homepage of TFNN.com and get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide great market calls too sign up today to check out the newsletters page of TFNN.com what are you waiting for? all of the TFNN newsletters are informative, up to date, affordable and must have for every trader looking to gain a competitive informational edge in today's markets TFNN newsletters cover every aspect of the markets to offer you the very latest in market news plus new subscribers get to test drive our newsletters risk free for 30 days from all aspects of the markets including stocks, bonds metals, commodities and tech there's a newsletter to fit your needs exclusively from TFNN stay informed each day you trade and get the competitive edge that will help you stay ahead of the game visit our newsletters page by going to TFNN.com and click the newsletters button near the top of the page TFNN.com educating investors since 1984 Basil Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion while originally hand drawing charts from the late 1970s into the 1980s Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply later Basil found that computer software which included the standard market technical indicators enhanced the degree of accuracy and calling price turns the market trend calls thus was born the Chapman wave sequence using the Chapman wave methodology along with other indicators Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter right now you can get a 2 week free trial to the opening call Basil's daily trading newsletter by visiting the front page of TFNN.com cancel it anytime during that trial and pay absolutely nothing get your 2 week free trial to Basil's newsletter the opening call today by visiting TFNN.com this segment is brought to you by thinkorswim for more information just click the thinkorswim banner on the front page of TFNN.com ok we're back folks and we want to talk a little bit more about the gold market I don't know if that top is going to be or that bottom is going to be made down there or not all I'm looking at is what might happen I don't know what the future is nobody else does either so pay close attention to that because it's just probability that's all it is keep a very very close eye on it that's for sure we've got the Euro trading at this 1.1303 level we've only been able to rally a little more than 150 pips in 10 days that's a very very small rally and like we said any move below that Europe would send the US dollar index soaring and the Euro heading a whole lot lower so sort of keep that in mind as you're watching these things unfold I believe we've made a major top in crude oil we've seen it in the crude oil we've also seen it in the gasoline futures went up to the 78% level the crude oil went to the 61% level at 64-60 so that's going to be really really interesting what happens to it as we come into these these key times there's a lot of action coming in April for sure so keep a close eye on it watch this crude oil folks this could easily have $5 to the downside which is $5,000 so you've got to try to find a good place find a nice little ABCD on the 30 minute chart hopefully at a 61% level and that's about it well stay tuned I'll be back in about another 5 minutes or so 10 minutes to work with Tommy Jr. on some of the other things that are happening in the market and we'll get with you in another hour so live everyday in an attitude of gratitude and may God bless thanks for joining me and we'll see you and if you stay with us we'll see you in another 10 minutes or so otherwise we'll catch you soon