 The following is a presentation of T-F-N-N. 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. Okay, looking good, Billy Ray feeling good, Louis. I've been asked by several people to talk a little bit about the work of Alan Andrews with his parallel channels and also a little bit about Elliott Wave. Folks, I started looking at Elliott Wave stuff before it was in the 1970s with John Hill. He was the first one to talk to me about it because he featured it in his book, Commodity Trading Facts, I think was the name of it from 1966. And then also he also had the parallel channeled stuff that was in there by Richard Wycoff and also by Alan Andrews. Well, when I was trading in Chicago during 1982 to 1984, at least once a month, I would take that seven-hour trip from Chicago down to Hendersonville, North Carolina to stay at the ranch there, which usually I came down on a Thursday or Friday and I stayed until Monday and Tuesday. I used to make about a four-day trip and we worked on a lot of different things. One of these things was these parallel channels and stuff and basically that was the way later on we figured out that was just a normal harmony of the market. You can see both of those charts up there that this gentleman sent me, have all these different things of support and resistance. He didn't put any Fibonacci numbers in. He didn't put any ABCD markets in, but he was doing it by looking at these parallel channels, which is a great way to trade. If that's what you like to trade, then that's just fine. I try to keep it as simple as possible using an AB equal CD pattern. Also on one of those trips, John Jr., who was going to Duke University in computer science, was there in the room with us and we were talking about the opening price and John says, I can program that if I can get the data. We got the data from the Chicago Mercantile Exchange, me being a member. I was able to get it for free, which is a very good price. They ran, I think, about 30 years of looking at the opening price. This was on commodities. We didn't do it on stocks. Stocks actually worked better because at that time stocks opened exactly at 9.30 in the morning in New York, and that made it real easy for the opening price to work. The problem was later on when we had the source bandits and stuff, when they started getting the bids down to decimals, the market was open in inter-hours. In other words, it would open in long two or three hours before the market opened. Now many of them, like futures, are open basically 23 to 24 hours every day. So that changes the value of the opening price, but it doesn't take it completely away. The reason why is, folks, if you'll start to look at the range of where the opening price is in that first hour, that first hour is the key. That's what it appears to be the magic time, but that first hour is where you want to be watching. So if the market is above the first hour's high, any time during the day you want to be long, and if it's below that, you want to be short. That's simple. And it'll get you in the right direction most of the time. So anyway, Toby Crable wrote a book, The Opening Price, Something Your Other. I don't remember what it was called, but it's on eBay now for $1,200. You can get it free for me if you ask for the book, because we wrote The Opening Price book in 1980, and it's in a paper back form, and sold a lot of them. That's been a very good book, but $1,200 is a little high for saying bye. We're above the opening. So I'm going to hold the opening one second here, please. By the way, I have never met Toby Crable. I know John Jr., of course, but I don't know Toby Crable. So anyway, that's pretty much it. Now, the second question that I'm getting is about the Treasury, boys and girls. I spent a lot of time over the weekend. I sent several videos out on it. I'm watching these Treasury bonds and Treasury notes with a great deal of incentive, because I think we're getting ready to have one of the strongest short-covering rallies that we've seen in a very, very long time. Now, I'm going to post the chart here on the bonds, because I want to get it down here so you'll be able to see where we are. It happens to be the weekly chart of the bonds, and that we're looking at both bonds and notes here. Okay, hold on, get it up here, right here, see where we are. Okay, we've got that one in. Okay, that's the bond chart. You can see we have a much lower target down there at 135. We're trading about 140 in change right now. If you go down to, I don't want to spend a lot of time going into the markets and stuff, because people that get the 24-7 newsletter have a little advantage of where that is. But look at this. This is the weekly chart. But look at this pattern here, folks. This is a 1-3-5 pattern. When I posted it, these 1-3-5's shifted, but there's one, there's three, and there are five. They're all, they're related to swings. In other words, this swing right here is 6-1-8 of that one, and it's also 6-1-8 of that one. So you've got multiple time and price levels coming in at that price. That's why, you know, if you start to look at those, they really do pop up more often than you think, both on the upside and the downside. So if you'll pay attention to that, and many people, you know, we were extremely bearish at .5. That's when the Fed came in and said, yeah, yeah, we're thinking about interest rate drops, but not right now. That was way back in March. Yeah, it was March. And from that point on, it has been straight down. We're down eight weeks. This is the ninth week. We're coming into some really strong resistance support levels, in my opinion. And we should get a very, very substantial rally. We haven't hit those levels yet, but we're getting very, very close. And the close may or may not be good enough. But the thing is, if you look at these patterns and just trade what you see and not what you think, which is not an easy thing to do, you're going to be okay because you don't know what's going on out there. The news that comes out, either in financial or political or entertainment, all of that stuff. I don't believe any of it. Most of it's there to pull you into the thing. And that's why I think it's, we have a caller on the line, I guess. Thank you very much, Al. I appreciate it. And who am I speaking with, please? Larry, it's Larry from Cheyenne. How you doing? Cheyenne, hi. Been a while. How you doing? Well, you remember. Thank you for that. I listen to you every day. And I'm calling in about natural gas because I know how you look at fibs, but I don't know what you do exactly with them. And on the monthly and the weekly, the RSI is not as strong as the previous swing high. And on the weekly, it's coming into a 1.618. And on the daily, the ABC up is nearly 2.61. It's a 261% expansion. It's also in a Tom DeMarc nine or seven count today. So my question is basically, Larry, if you would you ever have the guts to short something like this when it's simply because it touched those fibonacci number areas with a Tom DeMarc nine count? Yeah, I do have the guts of the intestinal fortitude to do because I do it all the time. The reason why is, Larry, I have, I put a stop in. You know, I'm wrong a lot. You know, I'm wrong probably 33% of the time, but I'm right 62% of the time. So that's what saves me. What saves me is I put that stop in, let's say natural gas. I can risk $505 in natural gas without too much trouble. But yes, I will do that trade. Absolutely. Interesting. Thank you. Thank you for calling in Larry. Bear the 1.618 that key number. Watch that one. We'll be right back, boys and girls. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all for daily market overviews to 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. 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From the moment the market opens Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at tfnn.com or on tfnn's YouTube channel and become the investor you were born to be, tfnn. Educating investors. At 1-877-927-6648 internationally. At 727-873-7618. Okay, we're back folks and I posted a chart of the natural gas up here as you can see here. We were looking for a potential 1.27 expansion up there at a little around 8.2. The market gapped up $5 Sunday night and then rallied $5,000. We're almost at the $8,000, excuse me, $8 mark here. Pretty soon we're just talking to Larry from Wyoming and we're looking at possibly $20 higher and maybe even more because this thing is crazy but it follows the number of sequences very well and so at that 1.27 level at 8.2 you don't have to risk more than about $500 because if it gets past that then there's something really wrong and you just have to stand aside. But they follow the sequence of numbers and they're certainly very, very strong today so I would highly suggest you keep an eye on this natural gas. My game plan, down at the bottom there you couldn't get anybody to buy it and that's where the ABCDs ended down there at 3.7 and then you can see the 50% retracement that was there just absolutely perfect. It breaks out of there and away it goes. So those are just things that you pick up by just looking at the chart and saying, yeah, it looks like it might do this or it looks like it might do that but you never know but you have to put the stop in because these patterns they fail a lot and when they don't fail of course what happens is you're going to be looking at something that is a little bit different than you might think so you've got to be really, really careful because these things can run like crazy especially with all the news that's in there. And if you think this is something wait until you see these grain markets folks these grain markets are poised to go a whole lot higher and by golly you can't stand in front of that either so pay attention to it because there's some great moves coming here. Now regarding another question about the bonds I also suggested the people to look at the notes because the notes are a little bit less volatile but that's the largest of all the commodity markets we trade are the Treasury notes and that's we're talking about the 10 year that's the one that gives you your credit cards your auto payments your mortgages they base that on that and rates are going to go higher there's no question about it. We've got seven standard deviations beyond the mean and these renter straights folks that's how much they've jumped in a short period of time and part of that is they're thinking about inflation all the time but you know that doesn't always happen getting back to the inflation Larry Williams sent out a really cool chart here I'll get it up here in just a second here and we'll take a quick look at it now how do I do that I do it this way or that way or this way or that way hold on one second I got to figure out what's the strategy here to get where I want to be there we go and I'll get that inflation forecast which is right here I believe and just a second here and remember these also are ideas of where the market may or might not be at any particular time but if you hold on just a second there we go coming up right now okay now you'll notice that this is the cycle for inflation the thing to look at is look how accurate it's been on some of those sharp peaks down and look we have a big sharp sharp sharp sharp SHARP sharp peak up to the upside so that's where we are this is where we are right now folks we're right in here and realize we've taken out all these from the recent years so we could extend far far beyond that but you also have to be looking at it because maybe some things will start to turn down but so far that has not happened but it's been a pretty good indicator the one indicator that I feel strongly about and that is that there is going to be a strong rally in these interest rates just to scare people because it's been too easy look at the bond market folks that I posted it's been down eight weeks in a row with virtually you know no bounces I mean that's the best thing you can do is just hang on and hanging on is not easy to do by the way at the break our guest is going to be Paula Douglas and she'll be talking to us about some of the things that they talk about especially the four fears and so that'll be interesting on Wednesday we have Stan Harley on Thursday we have Tim Bost and on Friday we have Jim Bartolioni of Barts Chart so we've got a full week this week which will be a lot of fun so we'll keep watching as we go another one that Larry sent to us and I love Larry's work because he does a really lot of research folks and that's what makes this stuff so interesting let's get this up here and you'll see this is a cycle forecast for the gold market I believe that's what we're showing there's where we are hold on one second folks folks this is April and the Bolivari trees are in bloom and they do not like me so bear with me one second okay you can see the cycle forecast has been relatively good and he's thinking that the really good buy in gold is going to be down here in mid-June is where he thinks I don't know if that's the price he just says the time he thinks is good now today we hit a pretty big move here in gold in fact I wanted to go over that gold chart just to show you how I handled it because I wanted to show you and I hold on one second here there we go get it up here one second alright alright here's where we are the numbers were gold and I sent a thing out we shorted gold at 1980 right in here is where we sold it 1980 right there it went down to 1960 on a fast tick couldn't get out because we missed our orders by about a bucket and a half and then the market went back and I had my choice of putting the stop at either break even or at the old high right here so I choose to give it a chance I respected the ABCD there's a beautiful ABCD stopping right there backs off $20 okay I respected that so I said okay I'm going to put my stop just right above there that'll keep the loss very very small four bucks boy it opened lower folks it opened down at 1975 and then in a matter of seconds it was trading at 1980 and at that point I couldn't even have a chance to change my stop or move anything it went straight through hit the 84 taking me out and then went all the way up to this next level that we were looking to go short which was at 2009 well we only got to 2003 so that's a 618 would be that number of 2009 so I didn't get anything I had a small loss now I I want to get a couple other things done here first to show you some of these charts that we're looking at because I think there some of these things are great inflection points and one of them this is folks this could be the best buy of my lifetime and that's a long time hold on just a second and I don't trade this stuff but I'm getting ready to and I'll tell you why alright this is this is Bitcoin okay ABCD 69,000 that measured to 69,000 by the way folks if you wanted to defy human nature and do the work you take B plus C minus A and that'll give you that number right there that'll give you A, B, C, D if you do it mathematically you add B plus C minus A there's your number right here but here's what you're looking at A, B, D this is a 3-8-2 folks right here that's a 3-8-2 and that's an A, B, C, D we's going downtown we get down 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Get your copy of The Art of Timing the Trade Chart today by visiting TFNN.com For more information just click the Think or Swim banner on the front page of TFNN.com A little bit of luck I hope we have Paula Douglas on the line Paula, are you there? Yes, I am. That's good. Well, miracles do happen, don't they? Especially on Mondays it's a miracle, yeah. That's good. I know you're doing a lot of work and stuff but you had this dream of always working with the police police forces and stuff Tell the folks what you just had happen to you I think it's spectacular but tell the folks what's going on over there in Palm Springs Well, a couple years ago after removing here I attended the Community Police Academy for Palm Springs and basically what that is it's a 16-week course to tell you about law enforcement and to see if maybe you want to work with the PD or the Sheriff's Office or whatever and I met a great instructor there, he's the range master for the PD and he's a gunsmith and then my girlfriend and I took classes from him and now we're pistol packin' mamas but in the meantime I mean, you know, given world events I mean, you know, she and I are both widows so, you know, we just want to be protected and then I heard that we were needing volunteers at the County Riverside Sheriff's Office so I went through that Academy and got bedded and they didn't find any of the skeletons in my closet, thank goodness and a couple weeks ago I graduated from the Academy as one of the chaplains meaning ordained ministers for the Sheriff's Department out here and that means I support the deputies and just, you know, help support the community as an independent minister You haven't had to have to do any funerals or anything like that that you've done before is that correct? Oh, I've done a lot of funerals before but just not through, you know law enforcement Yeah, well speaking of pistol packin' mamas what do you see here in the markets what, you remember let me beat you a little bit here because we've been together for so many years but I remember Mark was saying that those four big fears that fear of missing out, the fear of losing you know, all that stuff you want to tell the folks a little bit about that? Sure and as you know, Larry, we've been hearing a lot about this especially lately with current world events and I know I've said it previously but if you truly believe there's always opportunity in the market this, we can't bring home, you know more than today because before all of the pandemic and all that kind of before 2020, let's say you know, you could kind of skate along and say, well, you know, there's who knows what'll happen tomorrow, we'll try again tomorrow let's say you get out too early or too late or you don't get in at all because you don't want to lose but since 2020 our lives have been turned upside down our financial lives and we are living in a world climate now where we do not know what's going to happen in any given moment and so the underlying fear of not being able to make money or enough money as a trader is really been enhanced so the challenge is that how do you block out the world events and still be an effective trader and one of the ways is you have to understand that when you have your edge that is nothing more than an indication of a higher probability of one thing happening over another, that's it so getting back to the roots of becoming a successful trader is you really have to understand how to think in probabilities meaning you don't know what's going to happen in the markets we sure as heck don't know what's going to happen in the world and so you have to have that mindset of thinking in probabilities in every area in your life not just with trading and that's what makes it difficult because we've never had to do that before and I'll be honest with you last summer I went through some challenges freaking out about lockdowns, pandemics, whatever market falling, whatever I mean I'm human, I'm normal so I've been there but what I did was I went back to re-reading our book trading in the zone I gotta say it is kind of the bible here and just reset my mind refresh it just like you do on your computer and get back to thinking the basics of thinking in probabilities and when you really truly master thinking in probabilities you're there I know that's for sure I remember sitting here at the desk day after day listening to Mark talk about that and some of the real famous people not so famous people would come in but the famous people had one thing in common that Mark talked about those four fears the one they hated the most was the fear of missing out they always believed they should buy at the low and sell at the high and yet they made a lot of money in between but that's what was really amazing to me we had a bunch of famous people come through these doors here in Tucson didn't we? a lot of fun and the fear of missing out is just unresolved memories of other opportunities that traders may feel that they didn't take advantage of whether it was a job or a promotion or a relationship they want to make up that void by taking as much money as they can out of the markets subconsciously I'm not talking about it's not in the forefront of their thoughts but it's there and so that's one of the things that we teach is helping you understand what's in there limiting you and then we de-energize it and then you go on your merry way and you become a millionaire trader a super trader as we would say yeah that's right we've been friends with a bunch of them over the years Paul T when you've got new traders coming in people that are having problems some of them don't even step one or step two what they decide I'm stumbling because I've had these paliverties when they start blooming like they do here and we've got three of them outside today they were waiting for me so I'm really having a little trouble but when a new trader comes in the last thing they think about after they lost money is the psychology part if they would think about the psychology part before they started trading they would save a lot of money and make it a lot easier I mean don't you have something for beginning traders and if they're having trouble to give you a call or something because if they do that first and this trading second it's a whole lot easier well absolutely I mean as you know there's an open invitation it's all over my website and YouTube and all this I have an open invitation to all traders whether they're newbies or professionals call me for a free chat you get a free chat with me and we can usually identify most of these limiting beliefs right in that 30 minute chat and it's free free free no cost I'll follow up with a sales pitch okay that's good but the other part is that even though people out there claim oh yes you need the psychology of trading they don't push it because they I would say a good 75% of the industry still feels you really don't need too much trading psychology if you have a good system, you have a good edge and you can follow your rules and that may be true but not really not based on the numbers of people that contact me trading is 100% mental game 100% stay with us to give us your information on how to reach you okay are you in the market for buying or selling real estate in the Bay Area including the surrounding St. Petersburg, Tampa and Clearwater markets, Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area whether you're looking to sell your current property for maximum value in the market for a second home or investment property Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels from the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating Tiger Real Estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial business call Tiger Real Estate LLC today at 727-329-8322 or email us at Tiger at TFNN.com that's 727-329-8322 call us today the technology around us is changing every day with so much happening it can seem impossible to keep up with all the information David White's investment newsletter The Technology Insider is designed to give you all the information you need to understand the future that shapes today's markets and tomorrow's future David White has made his living staying on the cutting edge of technology his weekly newsletter will give you specific recommendations for value 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 a 30 day money back guarantee TFNN Educating Investors Are China A shares hot or not? 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Distributor Four Side Fund Services, LLC Don't forget, you can listen to TFNN live on your mobile device 24 hours per day Go to TFNN.com Then hit Watch Tiger TV That's TFNN.com Then hit Watch Tiger TV We're talking with Paula Douglas Paula Douglas Incorporated Everybody knows that she's Mark's widow Hey Paula, how do the folks reach you? Where's your website and the way to call you and stuff? MarkDouglas.com That's the easiest way and it goes right to me Or you can go to PaulaTweb.com Either way, you will find me And please do take advantage of the free chat It really is a good thing And that may be all you need And that's what I'm here for That's what I enjoy I love hearing back from traders saying, hey, thanks for the general discussion that got me back on track That's what it's all about, guys Don't be afraid to call Yeah, I know you two have never been in it for the money, that's for sure Anyway, we're going to have you on again soon I've already had responses here Keep her on regular, so we'll try to sign the long-term contract But don't negotiate like you usually do with me, okay? I'll try and cut you a deal I have a big memory Easter Sunday, of course, was Sunday And both of my children They used to come over to Arizona for Easter Remember that, how wonderful Easter is used to have up there? Oh, my God, that was so much fun Mark would barbecue a pig And it was... Yeah, we were together almost every holiday Yeah, absolutely Sorry I moved to California, but I thought you'd follow I'm too old to move Let's work on doing a workshop together soon That was 28 years ago we did that one here that we had all the traders here and stuff My God, that was so much fun I think that was when I was like 15, yeah You were 12, I think Okay, PTA, listen We'll talk to you soon, okay? Alright, talk to you later Thanks guys, bye-bye Paul and Dr. Spokes Really a stand-up young lady Let's put it that way Let's take a look at this chart I guess we can still see this ABCD that we have here in Bitcoin I want to give you a couple of heads up on this We got the big move up here That was the high, we came down We rallied up to the 382 of that number and we did it with an ABCD If we go below this number that sets up Bitcoin at 20,000 And at 20,000, what you want to do is turn around and look far, far to the north up there at the North Pole at one Santa Claus Plaza because if we get down to 20,000 some of these little smaller coins that are selling for four or five dollars will probably be about 50 cents or a dollar and there's only, now there used to be and my little bird has told me that there's really only about 100 they're in the running now they're dropping out so fast so that's one of the reasons why these things are coming off a little bit so if it gets down there and if it gets to 20,000 remember 20,000 was the whole high when they came out when they came out at what's the name of that darn thing Oh Shucks, I'm trying to look I'm looking at Skype messages we'll see what it does here but what was that there was a word that they had here and it was one of the crypto words I can't quite remember but anyway if we get down to that level and I have never traded the cryptos ever but when we get down there I'm going to and that 20,000 was the old for the word I was thinking of was being listed at the CME remember they had the contracts that started in January three years ago and they came out, they were right at 20,000 so that would be bouncing off that old high and that would be a big retracement from 200 bucks up to 64,000 on a log scale that'll be about a 3-8-2 retracement so we've got to watch that one that's my number one thing for the year to watch is that if that hits because that could be a really good one just one second here please oh dear you should see that there's so much rain this year that are so beautiful I should take some pictures and show you yeah I'm going to show you that but they're right outside the door but after a couple of days it calms down a little bit but that's neither here nor there alright so that's where we are here with the Bitcoin now I wanted to go into one other one here I will have several others to go to but the main one folks is that those of you that subscribed for the price level in the bonds and the notes they haven't got there yet they're very very close the notes only missed by two ticks I still think they're going to get there so leave your order in there and wait till you get filled and then you'll be far better off than if you just try to pick a blow down in here and think that's going to be it wait till it gets that number because at that point the risk control on that is going to be very very easy so I think you've got to that's an important one to really watch that's very very important I want to get the other one up here one more time I wanted to show the bonds right here because the bonds that's the wrong one oh man alive man you know I think I still have a little jet like after those 12 days when boy boy was that fun oh my goodness I just can't get over how much fun we really had okay let's move here to one second here and we'll see what else we got well let's look trying to fill in here got two minutes to go and I just let's get to the futures here because we're seeing the natural gas explodes but another one that is really taken off now again is we're starting to see big movement in some of these things wheat is really rocking and rolling here today let me get this chart up it's over I think it's up almost 80 cents which tells you that we're starting to see some of these commodities and we're in the midst of the crops are grown and planted now oh dear hit the wrong button shut the front door and raise our end sorry boys and girls let's try this one here what did happen here now I lost my discord button that's not good oh I see what happened hold on just a minute take the screen nope I got oh I'm having a rough time I don't know if I'm I can't see where I am on this thing folks I just don't understand it what what's going on let me try it one more time just a second oh dear dear dear let's see if the screen has changed any uh yeah I think so maybe this will be hopefully I'll be able to see that I think you can see the wheat now we went blasting through the 382 last night on the opening which told you we're going to go a lot higher that was a because it stayed there first this was a daily it stayed there for two days and then Sunday night when the weather reports started coming in it took off and it's trading you know way up in this area almost at the 50 percent already so that was telling you that it wanted to be uh you know heading to the downside now we had this level here was very important of course because that was the 50 percent of the whole move way back here so that's where we were that we had the little move up here and then the ABCD and if the weather was bad it would be down here if the weather was good it took off and so that's how it took off so that's in your head or there well hopefully I will figure out how to use that host host thing but I still don't know how to do it and I will try to figure it out tomorrow we don't have a guest so we'll be right back 877 976648 sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at TFNN you'll get advice and guidance from the authority and technical market analysis and it's not just dry tedious text either TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV live every market day from 8 30 a.m. to 4 p.m. Eastern for free each host is an experienced trader and gives their take on the market while 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the TFNN trading community TFNN educating investors okay folks I posted a chart of the E-mini S&P and people have asked me my bullish barriers folks if you listen to what I say on this day and as I say these and we look at these these are no brainers folks you have a two-day rally a two-day rally and a two-day rally all of the ratios fit right nicely this was a 382 today the rally went slightly above the 382 up there at 404 I think it came in at 302 was I believe it 382 was at 397 4497 4397 and we got as high as 4304 but this is this is nothing more than a various market rallying two days rallying two days rallying two days mean this is headed lower the reason why this line red line is here because this was a failure there's one three five right at that 50% level was the one three five pattern and it failed once we went up above that that told you that you were going to hire that's why when these patterns don't work you know and people you know when you should just reverse on all of these but I'm not I don't reverse trade folks Mark tried to get me to do that for two years he threw up his hands one day he said hey you're making money do what you do and I said yeah I know it but I have people telling me that you know my goodness these these things when they fail you know look really really great you know that's that's the main thing second question somebody asked we're very bullish natural gas you know several months ago you know late February and what we were watching there was a fact the market was making a big double bottom the question is you know we said it was going to go higher but where did we get out folks I went as high as 450 that's that's that was that was a big move and that's where I thought it was going to go now it's an eight something so I miss a lot do I worry about the fear of missing out not one bit not one bit that's for sure it just doesn't make any difference just move on to the next trade I'll see you folks tomorrow on the sunny side of the street here Tucson, Arizona so live every day in an attitude of gratitude and may God bless remember our guests are going to be Tuesday nobody Wednesday Stan Harley Thursday Tim Boss Friday Jim Bartolioni see you all tomorrow folks bye