 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 727-873-7618. Now, Larry Pezzavento. Hi boys, not Larry Pezzavento, Bowser Chapman sitting for Larry's Hour. I know Larry's recuperating and I think he's starting to feel a lot better, but that voice is still a little scratchy and I think that, you know, COVID can really knock it out of you. I'm sharing from so many people who got, even after all the different vaccinations and boosters, et cetera, got it and then got it a second time. So it's really, it's pervasive. Okay. The energy gets sapped out of here, et cetera. So I wanted to show you this. This is the NQU-22. This is the NASDAQ. This is the September futures, one-minute chart. Chapman wave methodology. We're always looking for an identifiable low bar and then you can't eat successively high of peak, alphabetize them on the way up, capitals on the way down, lower case. The implication on the upside is way more important. Then on the way down, the way down gives me other information, but the notation, the waveform and the way up says that that fourth highest peak, Pd, is where other things can happen. You can go, you can recycle to a brand new bi-mode that takes you to another peak ABCD or you can just recycle and go to an EF or G. There's never an H, but add D other things to happen. Make it simple, identify a low bar, can't eat successively higher peak. When it goes from a bi-single upgrade to bi-mode, it says you should go to at least a D. The Dow has gone to a D and probably a peak D today. The S&P is at a C. I can give an alternate count to say that maybe there's a D and because of that, there was a chance that there's an alternate count so that the S&P also has gone to a D. I'll talk about it in a moment. We're very cautious. We've got some very aggressive long positions. Keep taking profits off it. We want to get into those core positions. That's the one-to-one long on the next big pullback, which I think will be occurring sometime this week, bigger pullback. That is the little ones that we've had and I still think that everything's improving. We've got to get through the next couple of days to see exactly what's happening. What we're looking at here within the context of just the little bit that I've told you in the Chapman methodology, this is an identifiable low right here. Your first peak, peak A, one penny high in this case, a quarter point higher and it goes to leg B. It's a floating letter. It stays a leg B until it makes a peak and then it becomes a peak B. One quarter point higher than B and starts a leg C. It stays a floating letter C until it makes a peak. As long as the initial buy signal, as long as the low that's made is not taken out, it can pull back all the way to the exact same price as long as it doesn't take it out by either a penny or in this case in the future by a quarter point, that stays in an up move. So unless it's the dreaded H pattern that takes out the left side low. So then what you do is you count, I have to go to the next letter which is alphabetic E and it goes immediately to a D and it goes immediately to an E. Aha! E starts to pull back to the what? The 200 period moving average. Is this important or is it unimportant? Inverse head and shoulders. 200 period moving average acts as a springboard, a magnet and a springboard, but it starts to brand new move. The new move says peak A, peak B, right there. Peak B, peak C. Do you need all this equipment and everything? No! You can do this. In fact, you can do it just with an acre chart. What do I mean by that? Let's go to this particular chart right here. Let me just click on copy, paste, there it is. Let's just change it to a 10 minute chart. And let's go to what we're looking at right now. We're looking at a 1 minute chart. Let's go to a 1 minute chart. We want apples to apples, right? There's the acre chart or the bear chart right there. Let's just count the waves. Let me count the waves. Is Elizabeth Barrett or something? All right, here we go. Peak A, oh, not an up arrow. You don't even need up arrows and all that. You can just make your own little notation as this says. That's an up arrow, but the technique is the marvel here, that you can have a technique that gives you the wherewithal to be able, what am I doing, the Dow industrials? Yeah, let's just do the industrials. This is a 1 minute chart. A, B, C, underneath it is there a peak? No, there isn't. Every peak has to be counted. Then it goes D and a very quick E. That usually says be careful because you're about to pull back. And if you pull back enough in time as well as price, you can start a brand new buy mode. Well, this also has the characteristic of a Chapman Wave instant restart because within two bars, within three bars, I'm sorry, it went to a new recovery high and it hasn't taken out the left side low. So that says that that E right there could be E slash A, alphabet F slash B, I'm just putting in F, G slash C right there, G slash C, I always put G slash C. I've just modified that over the coming over the last many months saying hey, it can get there and then it goes to a D. And that's where you've got to be a little bit careful because a D other things can happen. And what does it do? At 32,068.16, it goes to 36,068.04. So that is a D. This is a higher high. That becomes an E and that becomes an F. Down arrow. So that's the naked chart. What am I looking at? I'm looking at the cup formation. I would have drawn in from that high. I would have drawn in a beautiful cup formation. That said, big gap down, big move up, taking too much time. I couldn't have used that as a plum line. I'd have to use something else as a plum line, but I don't like to do that in terms of what we're looking at. I go to the, look, it's tough enough to see it rallying, but you see it running above here would be extremely. So I'll go to this level here and I'm already, I'm already, by the time I noticed it, I'm say over there, I'm saying, you know, it's taking too much time. If I did a left side, right side price time match, oh my goodness, to go from 32,058.06 all the way to the 32,068.06, it's just too much. So I'm saying I will stretch the line to the right and I'd find a candle that I consider to be one of the most important candles in this particular phase. So I choose a candle and then I just type in new parallel and I'll make it green and I see where it goes to. Okay, I don't know where it's going to go to, but I also use the Chapman wave inside reg target line. So that just says from a particular left side bar, I draw in a trend line and I make it, oops, and I make it green dash green. Oh my goodness, already got the music green. And then I go dashed line. You don't have to have all these techniques. I do just for demonstration purposes. And then I try to put this in where I think it will fit and low and behold, where does it go to right there? It goes to, and then I join this line to the, to the part that's my target line. And lo and behold, it went within a shorter period to that left side high. In a time of booming inflation, we are purchasing powers eroded. There's no better place to protect your harder and money than ain't gold. This, the gold flagship asset is the Monk Todd Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in a tail one mining district. 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For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman in your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com Educating investors. Steve Rhodes started his trading career as a student almost 20 years ago, and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year. An amazing accomplishment. 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Well, lo and behold, look, Chapman Weave Notation, I'm going to get to our corner in just one moment. Look at those two doji candles at the bottom. You go peak A, B, C, D. Within three bars, you're making new recovery high. That's the Chapman Weave Instant Restart Potential. F slash A, G slash, E slash A, F slash B, G slash C. And then he goes, D, E pulls back sharply. That could have been a celebrate. The nine, I'm sure, wasn't under the 14. And he goes to a doji candle high. Left side, right side. Coop did a great job there. And it plunges down. And he goes to where? 32,400. Great eye. Very good. And that's the Chapman Weave Notation with nothing but the Chapman Weave Letters. I'll be back in a moment with that. But first we're going to go to our corner. And we've got a right here. We're looking at, I believe it's going to be the dollar with Mike in Ormond Beach, Florida. Hi, Mike. How are you? Whoops. Mike there. Hello. Is that me? Is Mike still on the line? Okay. Yeah, there he is. Hi, Mike. Hi. Basil, I'm looking at the DXY on a daily and a weekly chart. And do you think we are at some kind of a support level now? That's a very good question because that's exactly what I've been looking at because when currencies make huge moves, the sell-off is just either extreme right away because something has just impacted it or it's a slow grind to the downside. And then you're going to look for support levels because you look at the different timeframes. So yeah, your thinking is? Okay. Well, on the daily chart, I use the EMA and the SMA. And it looks like on the daily chart, we have rejected the 50 SMA. And I keep the SMA on because I know a lot of money managers and I know they use those simple moving averages a lot. So I like to see what they're doing. And then also on the weekly chart, I use like the 9 and the 8 EMA and it looks like we've rejected off of that also. And those two moving averages have acted as support in the past, recent past. Yes. So there are a couple of things that I'm looking at. I like to see the smorgasbord of what will the chess set. I want to see everything else that pertains to it when it comes to currencies. So the move that we've got in the monthly dollar chart, spiking like that to a leg C and then pulling back sharply said to me that if by the middle of August, the dollar is trading under 102.99. That was the high that was made back in January. I should know by now March of 2020. I should put that in March of 2020. That's suggesting to me that the consolidation could be a lot deeper and there's a point where I might even have to. I don't think so because the magninium stochastic in the in a monthly chart is still fantastic. The 9 is way above the 14. I might have to consider that it's an alternative count except for one thing. 88.25 was the low back in February of 2018 and 89.21, a tad higher, was the low in, what was that? I should know because we went long. We went long in April and I think it was February that was the low in 2021. Let me just double check. I should have put the date surely. January of 2021. Oh, 2021, huh? Yes. So what we're looking at is, in that context, this is still active as a peak C because that low wasn't taken out of 88.25. So it's still active because if I took it out on penny, then the whole buy mode is completely negated and now it becomes a new, whatever, a new, I have to trigger a new buy signal. So far, that's still intact. So I like what I'm looking at. And not only that, if you look economically, and I treat the dollar as kind of the, the dollar is the icon of respect in the currency world and the United States is the one that has still the best economy. And that's I think what people are looking at. I mean, countries are looking at and banks, huge buyers of the dollar or sellers of currencies. So I love what I'm looking at in the sense that it's taken a lot of candles to pull back and the whole area of 105, today's low is 105.05 and we're trading at 105.82. It's a green candle, but we've had green candles before. It's attempting to form a base, but to your, to your question, just purely on a technical level, I like, I like your analysis and the fact that we've got the euro, which instead of breaking out decisively, which it needs to do in this particular pattern, am I going to be able to get rid of that remote, get rid of that and get rid of that. It in fact is having a big red day today and it's gone back into underneath the chat wave, inside track repellent zone. So that, and together with the GDX, which is looking, I mean, it's nice, but it's not great. It's saying to me that this move in the, in gold, the move in the euro hasn't found the kind of, in other words, you've got a little bit of torque, but it hasn't moved up to the next bunch of gears. It isn't, there's no real momentum to it. Technically, there is momentum to the MACD and the stochastic in the, in the GDX, the gold miners, but I haven't seen the price movement, the comparable price movement. So I'm kind of in your camp right now. I'm looking to see whether or not the dollar holds here. The consolidation uses up more time because if you look at the peak D that's made in the weekly chart, it went under the 9-3 moving average and so far it's above it, it's already just begun and it's way above the 104.6 moving average and to get the 9 to close under the 14 at any point, you would have to see the dollar at about 102.30 or 101.80 and at this particular point from the pattern I'm looking at, it's more just been a slow grind of profit-taking than anything else. If I see the dollar just slide right through 104, 104.60 at any point, I will say, hey, I got to respect that and now the dollar in the data is in a cell mode. The weekly hasn't even triggered a cell signal yet. It's going to take a lot to even get to a cell signal. So I think the dollar for now is done in terms of the 109.29 high that was made on the 19th of July and I don't think the consolidation is finished but the last consolidation you can see took time and a little bit of price from 105.79 that was back in mid-June and then it immediately within two days made a low and then it went sideways before it made the H pattern with the successful move to the upside. So those are the parameters I'm looking at right now. Do you have a position or is this just something that you're looking at? I'll hold through the break, Basil. Okay, good. I'd like to speak to you about it. We'll be back in a moment. Basil Chaplin, this is the Larry Perceventis hour. I'm sitting here for Larry. Basil Chaplin here. I'll be back in a moment. TfNN is excited about our new software charting program, the Art of Timing the Trade chart. 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So Mike, yes you were saying Yes, so basically you have two areas of support 104, I think you said 60 and 102 basically if we break below that then most likely you know the support has broken and we're going lower and two things that are really important about just in terms of time if you look at this beautiful cup formation that was formed in the dollar index in the monthly chart time says you've had you know my rule of 136 one bar rest is fantastic three bars is good when it gets to six bars you have to restart a whole new buy signal or sell signal to trigger some kind of support so that's kind of important as well I just wanted to show you something here that I'm going to do and this is what a lot of people will do in terms of let me make that blue and then make this pink in terms of the one to one to the downside and for me the rule is in the chart wave one to one expansion you've got to see the same number of bars remember I'm always in matching bar sequences so to me it's really important that if the dollar is going to continue down if people are either short the dollar or they long the euro or gold expecting a much bigger move in those areas then you want to see I'm just changing this to 70% then the area of one to one would take the dollar down and it needs to be by the fourth which is by Thursday or Friday it needs to be at the 104 62 that's exactly what we're looking at 104 61 is the 14 period expansion moving average in the weekly chart key support it hasn't closed under it since it broke above in this one technical indicator since it broke above in the week of the 10th of September 2021 actually it crossed positive before that and that was in about a year ago right there yeah, June 25 the week of the 25th of June 2021 the 9th period crossed over the 14th period and hasn't the price of the dollar has been closed under that once and the 9th has not even gotten close occasionally it's gotten close but it hasn't broken underneath so that is still a buy mode in the weekly chart so that's kind of important to me everyone would say by about say by the end of the week if it closed under 104 62 let's call it 104 60 then it says that the dollar daily is probably going to test the rebound area that was the low of 103 .67 on the 27th of June and that's going to be really important to hold but if there is a balance what we could do and this is what I'm thinking that the dollar actually stays in a trading band it's at 105 89 a trading band between 107 15 ish and 100 and it could even test 104 60 I'm just saying if it closes on a weekly basis that's going to be the first time that you've seen that 9th period moving average sorry the 14th period moving average with the price below it on a closing basis it hasn't done that so that's really important so I think the trading band and just to put it together with gold because I don't think for the show I've done gold today gold hit the 50 period expansion moving average at 1805 and pulled back a little bit it's a 1796 this is leg B the MACD strong the casics fabulous at 90% this is gold on balance volume is is weak but it is rallying relative strength is good it's about 56% and the 9 is just yesterday crossed over the 14 period moving average so for subscribers we have got a gold position because I do believe that gold in this particular phase has rebound strength to see some of the some of those gold stocks move nicely percentage wise and then maybe they have to do a retest on the downside so that's kind of my thinking right now consolidation going on in the dawn no question about it it is it's the weekly chart that so far has held already well I don't know if that fits in with kind of what you're looking at yes yeah that and taking the long position in the UUP yeah so the UUP it's a strange vehicle the UUP thank goodness we got in let me just see here UUP so we've been along the UUP which is the dollar bull it's called the dollar bull and I just want to double check here so at longer 23.62 the 6th of April 2018 and we've taken two percent we took one at 96 in the dollar that was at 25.94 for about a 10 percent gain and then we took off again at 28.86 for a 22 percent gain and I still think that UUP looking out is still acting really well so right now I would find it a little difficult to get into because I think the consolidation could go a little longer but looking out I don't really want to change our long-term position in the UUP the power shares DB US dollar bull I hope that helps you yes it does and I like to add one thing Basil from listening to you through the years you've taught us the importance of the moving averages and I keep those on my charts because a lot of times I can't be in front of the computer and I have to trade off the charts I see on my phone and it's just so much quicker to have those moving averages on my chart because it gives me a quick analysis is this going to be support or resistance so I want to thank you for teaching us that. So thank you I act together it's very very heartwarming and thank you very much and congratulations on being able to use that successfully. Thank you for calling always appreciated. Okay Basil bye. So that was Mike and Orman Beach and we were looking at the dollar now let's do a couple other things so I want to do this because it's so important there's no other way you know I'm one of those people the reason why I've actually formulated all these different techniques is because I have a terrible time listening always had that from school because what would happen is yeah I'm right on the ball I'm listening everything's just cool and then person would say oh and something and I say that is interesting and all of a sudden my mind is wondering because I've now gone off into I've taken what was said I'm using what was said to say is it possible to use it in my way so I've always had to really basically reinvent as my wife says you love to reinvent the wheel oh that's the way it is it's the only way I can really remember things so all of these techniques even the waveform the channel waveform is I didn't go out searching for it I did technical analysis I used to hand draw and I used to so I started notating ABCDEFG I figured it's like like the piano you never get an H and it also has quadrants like the piano chord there was a lot of professional musician for years I haven't done that for a long time but I was a professional musician degree and I have a number of different things but the real issue here is that I'm also very visual so I can see things you see this beautiful cup formation that's forming right here and I haven't been able to I wasn't able to choose the right fulcrum so I just left it aside but now I am and I'm going to say that this is the I'd be looking at this particular pattern right now I want to do this live because it's all very well to say to you oh we had some fantastic positions blah blah blah what does that mean it means nothing to you because if you join my service you're doing it fresh and you're going to be looking to say okay what if you I was a performer so I understand the question that's fine what are you going to do for me next it's like at a restaurant you know what's the next meal what what you know talk very well so I'm trying to do this live to show you the techniques that I'll be showing you very simple techniques Wednesday a week but I do my whole day FNN has been your trusted source of analysis for bonds, metals, stocks, commodities and options for years and we are happy to announce that we are bringing that same caliber of analysis for the forex market Teddy Keckstat has 30 plus years of experience in forex trading and one of the risk management forex hedging volatility and so much more Teddy releases his weekly Tiger Forex report every Monday morning with elite coverage of all major currency pairs including the DXY, Euro Dollar, Pound Dollar, Aussie Dollar, Dollar Yen, Dollar Swiss Frank and so much more. 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His weekly newsletter will give you specific recommendations for valued tech stocks as well as entry prices, target prices and stops to set for each trade. Dave delivers his weekly newsletters every Friday with updates throughout the week. You can get the Technology Insider at TFNN.com for only $37.50. Sign up for David's newsletter The Technology Insider and get an inside look at everything the technology sector has to offer. Try it risk free today with our 30-day money back guarantee. TFNN Educating Investors Are China A shares hot or not? If you trade China A shares now may be time to take a closer look. Trade CHAU or CHAD Directions Daily CSI 300 China A share bull and bear ETFs. China A shares in either direction. Visit DirectionInvestments.com today. An investor should consider the investment objectives, risks, charges and expenses of the direction shares carefully before investing. 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 866-4767523 The prospectus or summary prospectus should be read carefully before investing. The fund 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 4-Side Fund Services LLC This program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ. So folks I'm doing this live. I'm doing this live for any one reason because I want to demonstrate to you that there are a lot of different techniques that can be used and I do not dismiss anyone's technique. If you have a technique that has produced good results why on earth what I even say to you it's no good. You know every single technique that you do you got to do it methodically. You got to do it over and over again to develop a good consistency that 60% is no good. I think over 70% success rate says that's a particular technique that is demonstrating that it is viable and if you manage your losses Larry always says it's not the gains it's the losses. So look he has a technique that I'm using let me just go back I'll go to the TQQQ because not everybody uses futures just to show you I drew this in here see there it is so I drew this in because I said that I wasn't happy I wasn't able to do the exact left side right side price time-match and then of course I got a call so this is really what I'm looking at right here and what I did was I went to the right side and I drew this in this is the chaplain wave I'd already drawn this in as chaplain wave inside wedge target resistance line what does that mean it means that if you are able on the left side to take a particular point and join it to the first big spike or spike up or spike down and that can give you a directional move you've now got what you can use as well besides the fulcrum that plum line let me I'm just trying to find the plum line in this particular case I use that candle normally I want to use the low because it is a low with a doji candle it went under the 200p moving edge briefly and they went up and that would be my low but in fact I said you know what I would be a little conservative I can move it to the right but what I want to do is to demonstrate that by 1145 on the one minute chart the TQQQ could hit what am I talking about I'm hitting I'm hitting I'm hitting 3361 well lo and behold it's gone to 33 51 and I would have said you know what I love what's going on but I think it's important and I would explain why I'm moving to the exact what I think is the fulcrum even though it made a low low in the dreaded H pattern I would move that and that says I'm going to give it a little more time it's done everything I want but it's only in leg whatever it is let me just go to that new parallel so of course people will say well I don't have all these tools yes you do everybody has a parallel line and that's all you need I'm using this I've got this stuff why should I not use it on trade station not everybody has the same their thing is to really have a terrific monopoly of tools for drawing drawing tools and I love that I loved it from the very beginning when they were super charts back in 1989 or 92 whatever it was before they became a trade station so this is it we've got peak a grey a because I haven't got any confirmation yet but there's another technique that I will teach and that is a technique that says money management what do you do when you haven't got a confirmation that this is a buy signal to buy mode and then when you finally get it you're almost at D well management says as soon as that nine crosses the 14 that's a chance for you to at least enter and you know where your stop is I always make a really tight stop and you'll see what happens so we'll come back to this all right and in the meantime let me just see what the ESU has done same thing I could be using anytime for it doesn't matter ESU 22 there we go it's one of those days huh there it is and there's your left side right side price time match and it was to the lower level to go to the upper level I always I'm little suspicious when you've got one or two beautiful cup formations that have actually worked to expect the third one there's already something so this is the one I think is going to make it a little tougher and we'll see what happens I'd be using money management absolutely here I would not be playing any games because this is the one that is most likely to either break out sharply and I'll say oh or to suddenly fail because it's really struggling hard to look at the bank is not anywhere close as strong as it was the stochastic is good at 87% aside to pull back so this is the pattern that I'd be looking at and I'd be real tight in parameters all right we'll get back to that so let's just do this so the GDX which is the gold miners ETF market vectors gold miners ETF nice leg it's only a leg 8 because that left side low at 24 38 24. 38 on the 25th was a little bit lower than the one that was made round about the 13th or slow so there's your dreaded H pattern oh and I'll be talking about this all the time as we do the as we do the live webinar look at this I'm only looking at basically three patterns one is a straight line up or straight line down the other is the cup formation and the other is the arch this is a combination of one and two or one and three one and three is when you make an H pattern failure to peak A or B and you come back and retest and take out the left side low and this is one and two where you rally and you take out that left side high preferably within just a trough A or a trough B and preferably in the shortest time span and that's really bullish well what are we looking at here we're looking at the GDX constantly makes this dreaded H failure pattern over and over a big one small one doesn't matter it makes them and it keeps coming down then did the one to one expansion to the downside in a longer time frame and what happened is when it hit 24. 24.38 and the 23rd a couple of things kicked in let me just show you here vertically look a beautiful V shape pattern at the exact bottom with the on balance volume does that work every time no but it did here nice takeoff the stochastic the mag D was already for about six sessions turn green the nine period differential was already above the slow moving average of 26 period moving average the histogram was already moving up it was just about a cross positive the stochastic was under 20% never got to the single digits it was their way back in June but all of a sudden it's looking good so that says to me wife I was looking at the technicals and I would say that this particular instrument was at 24 and now the mag D is very strong the stochastic's at gone from under 20% to 60% the on balance volume the blue line is gone really high where do you think this is I would have said it must be 2780 to 2830 it could even be a little higher no it's at 26 it's at 2668 so it's kind of lagging but it is a single leg A which is a good sign but look at these single leg A's that have failed before so I'm going to say I like the action in relation to what happened to the dollar pulling back but I'm not happy that the GDX which is the gold miners look at the gold gold is having a much better rally than the gold miners and the stochastic's already at 91% why is the GDX lagging and that's a big question for me I don't know if I can answer right away oh there's no way to go I'll be back in a moment president this to gold owns and operates the largest undeveloped gold project in Australia the Mount Todd Gold Project this to gold just completed their feasibility study resulting in a seven million ounce gold reserve this to gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing an accreted under the ticker symbol VGC this to gold executing a strategy to create shareholder value you might think that if you want to be successful at trading in the stock market you're going 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just visit the front page of TFNN.com all those were bad this is the final segment coming up so I just wanted to show you the yes you the 10-minute chart did go using the phantom peak went to a peak the pullback very sharp from the 4110 area or 4108 and then plummeted down below 4080 and now is training at 41 22 the Chapman Wave arch from a cup formation that says it should start to make in a shorter timeframe higher highs and higher lows and should go to just under right on or just above the previous high and then you got to assess what happens so so far I like what I'm seeing it's a digestive session that we've been anticipating for the Chapman Wave for my opening course subscribers you can be a subscriber now what happens is the moment you subscribe you have 30 days in which you test it out but if you do my webinar coming up a week from Wednesday you get one month free you also get so basically you're paying 100 more 30 something dollars for the for the course itself and the information is really invaluable I mean this is stuff that people have been using since I came to TF and then 20 years ago moving averages all this all the thing counting the waves etc it really does have someone said it really helps give you a sense of both structure and support levels etc and you can use it look going to the one minute E-mini chart I drew in the left side right side price time match and I said look there should be some resistance there we almost got to there peak C1 I'll teach C2 C3 and C4 what it means what's the implication and that very often when you make peak C1 C2 if you go to C3 or C4 they often pop up to a D eventually so that's the way it is so I'm going to wrap it up right now check out my opening call my data newsletter I'll be back tomorrow and Larry I believe is improving and that's fantastic we want him back at 3 he's a huge resource here at TF and then we love to have him for years and years he's just added to everything what with all the people the hosts that we have each one has something so special it's just you can hear from comments made you know people are really enjoying TF and then throughout the day we're here and we try to help that's what we try to do I'll be back tomorrow have a wonderful rest of the day great programming coming up for the rest of I'll be back with Tom at about 3.15