 Let's get over to our mammoth to Basel Chapman as we do each and every Tuesday at 20 past the hour And don't forget folks Basel does an outstanding show here every trading day 10 to 11 east and standard time Also, it's a great newsletter the opening call now It's very easy to get Basel's newsletter and in fact if you are a subscriber's newsletter He's gonna be doing an outstanding subscriber event for all his subscribers tomorrow afternoon May 3rd from four to five 30 eastern standard time now if you're not a subscriber It's very easy to be one folks just come to the front of our website the TFNN You're gonna see it right as a featured content You're gonna see the opening call subscribe event with our mammoth to Basel Chapman You're just gonna click that you hit subscribe and you can get the newsletter for $149 for one month 695 for six months and 1195 for a year now What you're gonna get ASAP is that you're gonna get a great newsletter for a month first off But you're coming into the workshop for zero Okay, so the bottom line is that and if the the newsletter works for you folks Awesome, and most of the time it works for them in a big way if for some reason It doesn't work for you on the 29th day you can cancel the newsletter. Guess what you have zero cost It's a 30-day money-back guarantee. You're still gonna get a great newsletter for a month You're gonna understand the Chapman wave and you're gonna get a great workshop from Basel Come tomorrow afternoon, and if you can't make it live The way our technology works folks you can go 24 hours a day all month long and keep going over and over So you really can get to understand how Basel looks at the market as a Chapman. What's going on? Well, if ever there was a challenge in this particular market, this is it. Yeah, it's a good one And I think it's challenge. It's a really good one But at the same time I think it's a challenge also for the Fed because we've spoken about this before you've got the home builders You've got stocks within that sector that are doing extremely well the Fed wants lower inflation That kind of adds to lower inflation yields are sort of at the higher end that adds to inflation So this is gonna be very interesting and and and the bank sector tells you things are this there's a problem there So it's a very good time for this because what I look at I'm Actually, I'll do this right now So the title of it is sector stocks and the Chapman wave techniques to focus on for the coming months nice And it's just I think it's it's a good time for this because this is exactly what we need So I've been talking to you about let me just get this chart right here Just this is typical of what I do. I talk about different Technical indicators that I've developed over the years now one of the things that I look at is The nine-period moving average and now it must be I think it's about three weeks now I've been speaking to you about this. I've been saying that looking on the left side is of the Page you got in the middle is the weekly on the left is the daily on the right is the monthly chart So I've been talking about this and saying that this nine-period moving average is a very powerful Instrument that I look at and as long as it holds over the 14 period moving average That's a really good sign and that there was a sharp pullback from the 34,000 and 882 high on the 14th of April and we pull back quite quite sharp people We held this support level and These are the techniques I I show just a very simple from this high that was made back in March at 3572 you can draw a trend line that goes right to that peak d high of the 14th of April and it goes to two days ago where we hit 34,257 and then I do a little inside track It's called inside track repellent zone and look how many times the price gets repelled from that level In fact, I like to do things live to show that this is not a one-off thing Look, we just did that in the e-mini We went right to this peak f and we held and we went right into this inside track repellent zone But the green nine-period moving average is still very important Also, I like to look for four higher peaks peak D and yet we've got a doji candle peak D in the 10-minute chart So this is it's a fractal of human nature in other words the patterns that we see in every time frame can be repeated In every time frame. So, you know, it's amazing basil, too Is that on your in the nine period inside the spy here? I'll put this up right now. This is crazy, man inside the spy the number is 411 37 To keep it, you know, and we've got down to four or seven folks, okay But as Basil was speaking it was trading 411 37 you can see that's the red line if you're looking at it And it's right there. I mean, so this is gonna get interesting as to the clothes, right? I mean, this is this is exactly what I was saying that I like to do things in real time to say This is a technique that either you don't know what's gonna happen next So this is the proof of the pudding So now what we're looking at is we weren't sure if there's to be I spoke to you about this yesterday I see we've got an alternate count here G stash a in the Chapman wave you never get an H So if there's another new high, I have to consider that's probably gonna be a leg B And that's really put bullish. But look he has that inside track. Yes, this is the S&P the repellent zone went to 4186.92 little doji candle There's always a hint to me to say if there is a turn at that particular level and it extends for a couple of bars That could be serious and look yes your inside track propellant zone. It went right down to it. So using my techniques If the S&P can close we've still got 35 or some minutes if the S&P can close just a little higher 41 30 somewhere around 41 30 That'll be another technique that I use called the Chapman wave in this is a Chapman wave Roman candle and What happens in this is if that happens if any time tomorrow The for about an hour if there's a trade for an hour below 41 10 There's a real good chance. We're gonna test the low of the day and maybe break it So yeah, we've got Fed day There's a whole bunch of things going on But most importantly the weekly charts in both the Dow and the S&P are holding well So these are the things that I want to demonstrate I've got a bunch of techniques that we're going to talk about that are absolutely Applicable as I just showed you right now in the one minute chart and the ten minute chart of the futures and the S&P These are relevant things, but at the same time I'm looking at the different sectors What sectors Have had a very big move that could pull back but are still strong and we want to be buying those So we raised cash for subscribers to my opening call. We're anticipating this and there's going to be some volatility here in May We want to be buyers. Uh, we're not afraid to short. We went short yesterday We can with the stop says that uh, we should be able to no matter what happens We should be able to make a profit and uh, we'll see if that holds Yeah, the the price has to tell us what's next We can't tell the price what's gonna happen next But you can see that the nine period moving average is important So in the webinar tomorrow I'll discuss this Yes, a picture of the the Dow that I showed last week I said, yeah, look look out the nine period moving average was so important The Dow is the big thick gray line was so important back in February And now we've gone back up and it still hasn't crossed negative But I'm anticipating there's a kind of an M shaped pattern forming and if that's correct It'll take a few days because the the height of the green moving average above the black is so big That you have to really smash to the downside to take it out. So it's a process So that's what we're looking at and if we if we make new high new recovery highs That's something else. But he has the s&p shows you the same thing. He has that green line Yes, the daily chart. It's held so far. It has tested the black line So all I say is that these are techniques that are applicable I'm going to teach them tomorrow at the same time I'm going through the charts of the stocks that we have as well as what we've been looking at And are we still long the the dow the you dow that's the three times long from october We've got that as a core position. We'd be trading around The upside the downside So it's going to be a fun period for me and I think Subscribers will have a good time tomorrow night. We'll be looking at all these different indexes and and folks It's very easy to come into the the webinar come over to our website at tf&n You're going to see it right under featured content. You hit that button. You subscribe You're going to get a great newsletter as well as an awesome webinar Have a great one. Basil have a safe one. We look forward to show tomorrow and the webinar tomorrow Thank you, Tom. Thank you