 Welcome back, folks. We have the Dow Industries right now up to, Nasdaq is up 19, S&P's afat. Let's go over to our mam, Mr. Basil Chapman, as we do each and every Tuesday at 20 past the first hour. Don't forget, folks, Basil has an outstanding show here. Every trading day, 12 to 1 Eastern Standard Time, also has a great news there, the opening call. The way you get the opening call, you come over to our website at TFNN, you go into the newsletters, and you're going to see the opening call right on the right-hand side. You hit the opening call, you hit subscribe. You can get the opening call for one month, for $128. You can get it for six months, for $595. That's a savings of $173. You can get it for a year for $995, which is a savings of $541. They all come with 30-day money back guarantee. Check it out, folks, right in the front page of TFNN. Basil Chapman, what's going on? Hi, Tom. How are you doing? I'm doing great, man, yourself. Very good. Thank you. You're doing market, as always. Oh, yeah. No doubt, man. No doubt. I mean, we'll see where this baby goes, but it's having a tough time holding price right now. Correct. Yes. So, I'm showing the charts. I've got the Dow on the left, and the middle is the weekly. This is the daily. The weekly is in the middle. Monthly is on the right. And you can see, I'll go to the middle first to say that the MACD, the moving average convergence divergence, is strong, and the stochastic is 90%. I like that. Over 80% is good in the 90s. It's very good, and the price is holding well. So, so far, I think we should have good support in the Dow, 25,800 level. If the years are poor, maybe 25,750, but so far, I think the weekly chart is very good. Now, on the shorter term, we're looking at the daily. So for subscribers, this is something that I sent this morning. I think I've got it right here. So I always show the Dow daily and the 120-minute chart. I do a very detailed report on what I'm expecting. And the Chapman Wave methodology, we're always expecting if the technicals are good, and once it gets to peak B, if it can hold very well and start at leg C, there's always a very good chance that it'll go four higher peaks to the leg D. And that D is just alphabetically assessing each, is actually gauging the strength of each peak. So what I was anticipating, that yesterday's high would be taken out, and then we would go to a leg D, and then there was a really good chance, based on my work, that there'd be some kind of a pullback. I wasn't sure how it would be, and what I'd said is, for instance, in the E-mini chart, I show my subscribers every morning, and what I actually sent into the Den is to say that at 1 to 130, if the S&P is only up eight or less, that would be a problem. It took 20 more minutes, it was like between 130 and two, that's exactly what happened. Now the E-mini is, the S&P is actually down, Dow's down 17. So we've got, now go to the real thing, over here, here's the 120-minute chart. There it is, it made that leg D. That's what we're anticipating. And now it's pulled back quite sharply. You can show it's got the 25,850 level right there, is a 14-period exponential moving average support, and right here would be 25,617, things that five, oops, sorry, 25, it's hard to see, 817, as the next support, but goes under that, then we could have at least a pullback into Thursday. So, and here is the same chart, but I've got it with the MacD and Stochastic, and it shows it was running very well, pulling back. So to assess what we were looking at when I spoke to you last week, I think it was on Thursday, I said the QQQ, the NDX100 trading vehicle was leading, the S&P was following, the Dow was next, and the IWM was the weakest. I don't like when I see four of the key indices not really working in unison. So that says to me, at some point, you're going to have the leaders either pull back and the weaker ones try to stabilize, or the weaker ones are going to try to chase the leaders. But if you're looking at the Dow that high of 26,241, look how good the technicals were there when it came down to the low of 25,252, I think that was on the 11th of November. You can see there was a turn in the Stochastic and the MacD, yet the MacD hasn't crossed positive. So I'm looking at this and I'm saying, I think we kind of stuck for a little while, that the upside, you could go to 26,241, but I think it's going to be tough, just at least this week. And I think that we're going to be do testing on the downside. And you've got the 14-period moving average at 25,780 or 25,760. Somewhere in that area, we'll be doing some testing. We'll see what happens. And what I was looking at for subscribers is the stocks that we have have all done already very nicely. We had one that we had bought at $2.79 just on Thursday. And today it hit $3.12, so the very nice gain is giving some of that back. But I think what we're looking at is that finally you're seeing some of the financials acting a little bit better. They're not great, but they're acting a bit better. That to me is very important. And until we can get the brokerage sector, which is the IAI, iShares Broker Dealer Sector, to really start to push. It's at 61 right now. It hits 61. What is that, 61.80? I think, yeah, 61.85 today. Until you can get the 63.50 area in this particular, for me, a very important ETF, the iShares Broker Dealer, and securities to show that the public is coming in. I think that to me is going to be very important. It hasn't done it yet, so it's got about another, at least another two or three points to go to the upside. It might take a while to get there, but that's kind of what I'm looking at. And I'd spoken to you the other day that I thought the grains might start to be making some kind of support level. Wheat is holding okay after the recent low. Corn is also trying to radice a little, but actually, so soybeans is running a little bit as well, and corn had one of the better radies. They're trying to come off the bottom. So we're going to be watching it. So this is a very important stage because the dollar is holding okay, but it really isn't showing any strength. It's just every day, in fact, is just pulling back, still within the nice trading range at 96.38 from the 97.71 high, and above 95.02. But I think the next three days, maybe the next week is going to be really important for the dollar, I think for the pound, probably be for gold. So I got a feeling we're looking at some resistance to the upside here. I am impressed that the semiconductors did manage to rally. That's another benchmark for me. This is going to be a big test at 107 right now. If the semis in the next three to five sessions start to break under 104, I think maybe then we've seen some kind of a short-term top. If they move up to the 108s, that is really impressive because I showed the subscribers the other day. I think I've got it right here. Yes, look at this. This is the semi-productive shipment breakdown. And look how terrible it is. It goes right into early 2019. And look where the semis are. So there's some discrepancy. Either they're going to have to be pulling back because the semis, you have the orders turned around as viciously as the price has from $80 in the SMH, the semiconductor ETF, to the days high of 107.49. Something's wrong with that picture. So either the semis will come down because the orders have started to come in or we're going to be looking at something happening that's really strange. And the semis will pull back because that was false hope. This is going to be an important week, I think. Yeah, those semis are a real commodity. There's no doubt about it. Absolutely, yeah. No doubt about it. Listen, folks, the way they get the opening call, come over to our website at TFNN. You're going to go to the newsletter as you go to the opening call. You just hit that subscribe button. Baz, you have a great night, safe night. We look forward to show tomorrow. Thank you very much, Tom, you too. Thank you. Stay right there, folks. Come right back.