 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. Today, we are going to have a special program between three and five. Today is the anniversary. Thirty years ago was the first show for CNBC back in New York City. I happened to be in the Marquis West Restaurant in Santa Monica, California in 1988 when that whole thing was born with Ron Insana, Bill Griffith, and Sue Herrera, who was the brains behind the whole thing. I'm going to discuss all that at the three o'clock show, plus go some history of all the ups and downs that I had through the years, what I learned, what I'm still learning, and what I'll continue to learn. So I want to share something that's happened across the pond today, folks. We saw the big fire over there in France there in the Seine River there in the island, and if we take a look here, I want to show you what's going on in England today, folks. You're probably not aware of this because it doesn't get the news, but there's two people, they're having a big demonstration on climate, what they call global warming, and two people super glued themselves to the top of one of the trains there right in the middle of the rush hour, and they just stopped for five hours What they had to do was they had to cut the top of the train off and then take a crane with the two people and extricate them off of there and then get the train off the track and then start it. It was about an eight hour ordeal. If you can stop and think how much money was lost at this, really amazing. But the chart that I posted up here shows you the countries by population size, and as you can see, two of them basically take care of everything. That's China and India. That's probably close to 40% of the world's population, and if there's going to be climate change due to some of these things around the air, it's probably going to come from those areas. You can see the United States is quite a bit smaller than those, and even you can see how small Russia is compared to that. Russia only has 77 million people, folks. It's 170 million, I believe is what it is, but it's much smaller. But Russia encompasses 11 time zones, believe it or not. So it's a really big country, but a lot of it is really uninhabitable. I don't know about the, I don't even get into it. Let's just talk about some things here. Yep, Notre Dame Cathedral. Yep, it was, I've been there. Okay, let's take a look at a market that I really think is in trouble and it's getting more trouble daily as we speak. We're due for a bounce here. This is the Treasury bond market. We've been talking about this. Folks, we're now breaking, almost ready to break the 146th level. We're at 146.02 right now. Going below that 146 is going to be a relatively negative thing because that would be below the 78% level of the last swing. And the key there is the fact that we made that big, 61% retracement up there at that 150, 20 level. Now we're coming into a really key time today, folks, for price and time. And that's the one that we talked about here on Monday. Here we are on Wednesday. We've got those right. Hold on a second here and we'll see. You'll notice here that the double top that we're possibly looking at comes in at 29.25. The low we made the other day is 29.22. I fully expect that we're probably going to hit 29.25 this morning would be my guess because there's a lot of earnings coming out that seem to be positive and we should be moving up to that level. We could easily. You're right, Maria. We could be at 29.65 by tomorrow. That's for sure. It certainly could. But before it gets to 29.65, it has to get above 29.29. So then we'll see. Anyway, we'll see what happens. But the time and price on that squaring up nicely. The Russell is lagging behind it. And the banking index is certainly behind it, but it still has more legs to go. One would think so. We'll pay very, very close attention to that. The gold we're trading down here at around the 1278 level. We're due for a little bit of a bounce in here. The gold made the small ABCD yesterday, and it should be right at the level that we're watching right now. There's a couple of new IPOs coming out that I really, you know, I've seen that Pinterest website. It's really cool, but I don't know anything about it. And I don't know. I know less about Uber and Lyft and those things. I just look at the charts. It to me looks like Lyft is going to get down to 53. I don't know, you know, where these things are going. All I do is, you know, just sort of look at the patterns and, you know, take a, you know, sophisticated guess at it. So that's really what we're, what we're sort of paying attention to. But I wanted to bring IBM up to yesterday because we had a really nice pattern in IBM yesterday. It was a right at a 50% retracement. Also at exact 78% retracement of the high in October, those were two spot on perfect numbers. And we're down about $4 now in IBM. And so if you were looking to do that, you certainly want, wouldn't want the stock to get above 146 now. You keep your stop as literally as possible as you could, you know, be able to see. Yes, the NASDAQ is very, very close to all time highs. I think we're at 70, I saw 7707 just a little while ago, but that NASDAQ is basically 25 stocks, folks. You know, that's, it's the pork bellies of that, the stock indices for sure. And I would, I would put that on the number three list for trading. I would pick the Dow Jones, I picked S&P first, then I would pick the Russell, then I would pick the Dow Jones and finally the NASDAQ. But that's just my personal preferences. You know, I've been trading the S&P since it first started and I had a love affair with it for all these years, but anyway, that's neither here nor there. Now, let's remember now, Silver is acting relatively well, folks. It's holding up against these lows. That's another thing that makes it very, very interesting in here because we've got one more day to go for this week. We've got the holiday on Friday. And I really expect a lot of volatility coming in the day after Easter. I'm just looking at these charts. I'm taking a tiny bit of the astral things because we've got a few planetary things coming in on Sunday and Monday, but we'll see. By the way, we do have Norm Winsky tomorrow. He'll be, he'll be our guest tomorrow at, at the half hour, like he always is. So that'll be fun to listen to what he has to say. And of course we have that full moon coming up, you know, on the 19th, which would be, which would be quite interesting. So we'll keep an eye on that as we look at some of these things that we go through here today. If you have any questions, it's 877-927-6648 and we'll be watching some of these things. Another one that we're watching, folks, along with the metals that we've been keeping a really close eye here on the platinum. And, you know, we're down a little bit today. We haven't made new lows, which is good. We haven't made new lows in the gold either, but it's trying to hold up in here. Now we, we made a small ABCD in the gold yesterday down at that 1275 level. And that's 20 points with where, where we want to buy it. Now I'll be one disappointed son of a gun if we don't get down to that, you know, 1260 to 1255 area either tomorrow or Monday. But, you know, I get disappointed a lot. All your frustrations in this business comes from unfulfilled expectations. That's right out of Tony Robbins' work and it's good stuff. So let's take a little break here, pay a few bills, and we come back. We will talk about Palladium for Ruby because she asked about Palladium and we're going to do it today. 877-927-6648 The Taz 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 Taz Profile Scanner instantly scans and filters over 2,500 global financial markets, such as stocks, ETFs, commodity futures, and forex. 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Call now toll-free at 1-877-927-6648 internationally at 727-873-7618. Okay, folks, we're going to take a look at Palladium here. As you can see, we had this weekly chart, the big top up there spot on 1.618 expansion. It broke $200 from there. When it rallied back, it only rallied back to a 3-8-2 level. Up at 14-01, we're trading at 13-53-93. I don't recommend anybody to trade this because the liquidity is very, very slim sparse to say the words and I would not recommend this at all. Slippage on this is really a lot from what I've heard. Now, we've had a request to take a look at natural gas and I actually think that the natural gas is probably breaking down here, folks. We'll get up here to take a quick look at it because we've been watching it very, very closely. Actually, we're right on the money. You're right, Bob. We're very, very close. Let's get this up here so we can see it here. Uh-oh, what's happened? I've knocked myself out of the room. That's not a good sign. You'll have to bear with me until this pops up but we're trading it around 252 right about now and that 250 is the big 61% retracement on the weekly. It has to hold that and I don't know if it's going to do it or not. I certainly would have to wait and see that it has some way of holding. I don't know how I knocked myself out of the TfNN room. I haven't even touched my mouse. Well, that's the way computers are. They don't like you sometimes. But hopefully when this thing kicks in, I'll be able to post the chart and you'll be able to see natural gas. Here we're about 30 seconds away and then we'll be ready to go. One, two, three, we go. We're ready to go. Let's just get it ready here and you'll see the natural gas. We've got a potential for that triple bottom down there at the 250-252 level and it needs to hold that level because if it breaks there, folks, it's got another 40 cents to go down to 210 level, which is really, really at the 78% level. And remember, this got as low as 160 way back in 2016 and it also got down there in 2012. So it has some history down there. So you don't want to stand in front of this puppy because it can be really, really, really quite nasty. So that's what we're watching here this morning here in the natural gas. The other one that we've been watching is the hog market because we believe that we're looking at some type of a pattern forming here in the hogs at the 1, 2, 3, 3 drive to a top pattern. Unfortunately, we backed off to that 97. We've been in a really tight trading range. We'd like to see one more spike up to above the $100 level and that might fill that pattern and then when we get there, we want to buy it on the first retracement because there is, you know, more of this African swine flu is coming out and as Rich Anderson mentioned on the afternoon show yesterday for TFNN, we've got a situation where we could easily see a $1.50 hogs. In other words, they can almost move up 40% from where we are right now. So we're trying to find another place to get long. We bought it down there at that 78% level, got out way too soon, which happened some of the time, you know, leaving money on the table, one of your greatest fears, but you got to shake those fears off and move on to the next trade because history is a mystery. Just forget about it and all you have to do is worry about what's going to happen tomorrow and keep your losses relatively small and you should be okay. Let's double check a couple of these markets here this morning because we're over some key astrological times and I want to see if we're going to have, there we're getting up to this 29-25 level here in the S&Ps, what we'd like to see, haven't opened yet, but we're certainly getting ready to get up there, pay close attention to that one folks because it's going to be very, very interesting should we get there. Now, one other thing that I wanted to mention is the several questions about it and that was the chart that we brought up which was the XAU chart and hold on one second, new all-time highs are quite a bit higher, I believe all-time highs are up around 29, was around 2960, I don't even know what it was in the S&P, had to be something like that anyway, but there's one chart that is actually quite bullish and we're not going to know about it until Monday, but this is the XAU, we were down yesterday again, but we're holding, if you hold here, you'll notice here, holding right at this area here, we're at the 74 level. Now, this is extremely bullish compared where we are with gold folks. Gold's making a 61% retracement, we're almost there, we're only $20 away and we could easily get to that level so pay very close attention to that because this might be a really, really good buy. Look at, if this doesn't get any lower than 74 in the next two days, we got all day today, Thursday, so we got two days, if we don't get below there, 74 the next two days is going to be a very bullish chart and the reason why is you made a high on February the 11th, okay, you made a low back on March and we didn't take those lows out in March, you took it out in silver, you took it out in gold, you have not taken it out in the gold silver index, even come close, so if we can hold that and we get a turn in the metals, which we're expecting on Monday, anytime, I guess, but Monday is where I'm expecting it, then this is a really bullish chart, you've got a 382 retracement, a 61% retracement at a really high level and all you did was for retracement, was come down and touched the January high, shut the front door and raise the rent, this is really bullish, boys and girls, I mean, it really is. In fact, it is, let me just show you how bullish it is. If I can get up one of these long-term charts that I can show you, oh, as trouble is, I can never find it when I need it, give me one second here, we'll try it one other time here. No, can't find it. It's a long-term chart for crude oil, when it was at the 382 level, it stayed there for five weeks and then when it broke out to the upside, it just took off and that was a really big one, we highlighted that, if markets don't go down, they've only got one way to go and that's up, so pay close attention. If you remember the chart for Netflix, this is another perfect example of extreme strength in stocks, I'll bring this up because it's a really big one here and that's the Google, we don't want to do that one, let's just get here, Netflix. Oh dear, Larry, Larry, Larry. Well, there's only two more to go, I'll probably bear with me, I'll probably get it on this one. There we go, get Netflix up here and take a look at it because if you look at this, pay attention to January 4th, folks. You see with the Dow down, 600 points and Netflix is up on the day. Oh my goodness, that is so bullish that you have to be able to really grasp that. I mean, if you can't get a stock down, with everything else in the sewer, that's the stock's going higher. Somebody knows something and they're putting their money where their mouth is. In October 19th, 1987, there were only 13 issues up on the stock exchange that day and if you follow those 13, they were the big winners because if you can't get a stock down with the stock market down, 16% in one day, okay, 500 and some, 555 points, I believe it was that day. If you can't get stocks down, those 13 stocks, they have only one way to go and that's up. I mean, stop and think about that, folks, how bullish that really is. So if you're watching things and you see something like that happen, pay attention to it. It's just like if you get really bearish numbers or really bullish numbers and something turns the other way, it really means something very, very, very, very straight. Let's get to 53. Mr. G, I'll put that up. You can see it. 877. Larry Pezzavento has just started his brand new service, Fibonacci 24.7, and he's already delivering content to his subscribers on a daily basis when the markets opened and even on weekends. Each Monday, you'll receive Larry's written report that provides detailed commentary and a summary on the charts and videos that Larry sends out and throughout the week, when warranted, Larry will send out via charts or videos or both the key markets that he is watching during the day. 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, 6 videos, and a full report to his subscribers in just one week. 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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 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, a standing 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 Gartleys, ABCs, 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. And right now we're offering licenses available at only $79 a month. We are so confident that you're gonna 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 Charts 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, I'm back folks. I posted the chart of the crude oil going back and what I want you to look at is in the middle of June of 2017 you can see that three drive to a pattern there coming in at the 45% retracement. This is very similar to what we're looking at with that XAU. The patterns are very similar. Totally different things of course but that's the pattern that we're looking at here in the Gold Silver Index so we need to pay pretty close attention to that. That's what I look at. Now if you look over the far right you'll see we're trading around 6420 this morning and that's the 61% retracement of the move so it hasn't gone above it yet but we certainly could but there's a little resistance up here at this 6490 well that 6490 has been the high and we're trading around 6420 right now. This is why that pattern you could just pick so many examples but I remember the Crudo so vividly because it was setting at that level for so long and then it made that beautiful ABCD and that's what we're seeing in that XAU if it happens so we'll see if it's looking at it. Netflix is jumping all over the map and those are the usual things I mean you can't really do too much those Nasdaq stocks folks you're talking about 25 stocks out of those 100 stocks that run the whole thing because they're cap weighted and you know you've got stocks that are trading for 1800 1600 stuff like that I mean it really it's a big deal so of course Apple being the leader of the pack anyway that's what we're watching in here a lot of news I guess about Qualcomm and Apple kissing and making up but who knows that we'll see what happens so we'll see yes the copper is going pretty good Mr. Z it looks like it's got some more legs to the upside it's held the bottom relatively well in the copper and it looks like it's got a chance that's why you know I'm short the golden just as nervous as heck I thought about covering it today but I said I've been waiting for this thing for so long and if I don't miss if I miss that last $20 I'll be upset but you know we'll have to do one day at a time but boy Monday's going to be a really big day because there's so many cycle things that are coming together in the metals and also in the grains too that's the main thing you know when in doubt get out and if you don't have a reason to be in a trade that's the reason not to be in the trade so those are the words from Amos Hostetter so and he was pretty smart dude himself okay let's move let's move on to a few other things I really believe we've got a chance at these grains folks of having a big move this year they're talking about global warming over there in the UK and the people are willing to can you imagine putting glue on you so that you can't even and that stuff is oh that's terrible because it affects your skin those people must really be aficionados of Al Gore but you know have to wait and see how these things end up and turn out if you want to see global warming 20 years ago when I first started going to China it was so bad over there I mean it's still bad but not like you know it's a little better than it was the Olympics that year helped clear things up but you had to wear a mask all the time over in China because it was terrible if you stayed in a room anything above 30 floors you couldn't even see the city because it was covered in this orange haze and oh it's it was really bad now once you got out of Beijing and got in you know about 50 to 100 miles outside of Beijing you know it clears up really nice until you get to another city and then you'll be able to see you know that's it you're right Jose that's a good one but that that crazy glue that is that's really dangerous stuff let's talk just a little bit more about the about China I mean it's it's an incredible you know it's the same size as the United States only they've got we have 383 million people they have 1.5 billion so we'll see the YM is in the red are you joking me shut the front door and raise your hand how high did we get to 25 in the S&P oh we got to 23 oh isn't that nice 29 23 shut the front door we just missed it close enough I guess for government work keep an eye on that one folks that could be real interesting one here because was there some kind of news that made this do this why didn't it get to 25 my number was it 29 24 and it gets to 29 23 50 I am going to talk to my attorney on this one this is not fair anyway we'll move on to the next one here and see what happens with it so let's wow this is a that's a surprise for the old cowboy wanted to get to 29 25 what's the matter with them why don't they fill me up there okay let's move on to the next one here was there some kind of there had to be some kind of news to further market to drop that much I don't know what it was you know what I mean it's anyway that's what we're watching anyway anybody have any questions this morning wouldn't wouldn't help anybody to call in to call in and you know give it to Al tells me that all of the lines all of the phone lines are just jammed today too many calls coming in so he's not even able to answer any of them so we're going to use the Alex Baldwin approach and just keep talking until the commercial comes which will be in two minutes and then hopefully someone will call in at 877 877 927664H Terry slippage is where they don't give you your order when you have an order setting in at 92450 and it gets to 920 292350 and you don't get filled and now it's 10 points under that 8 points under it it'll give you a chance to bounce back you know there's always hey look like my grandma said if you don't like the first bus that you're on wait and there'll be another bus coming by the next time that's pretty much what you're what you're looking at so anyway we'll keep a close keep a close eye on that one for sure alrighty here let's get down I want to bring this goal to your attention here because here's the one that I'm really involved in and really trying to be as patient as possible you'll see here that this is where we're looking at is at 12 1262 to 1255 we are two years away it could easily make it I guess but we'll see anyway that's what I'd love to see it on Monday and the reason why is on Monday that's where we have the thing lined up for everything perfect we got a caller from New Jersey Victor are you there yeah you doing I bought FGG a while ago like two years ago and one year ago and he bought some company Briggs and Stratton he's a good dividend you think he can do an expansion now it gapped up to its Yeah, I'm like, where's the chart? Well, BGG, if you'll give me one second, I have to put it into the program, Victor, because I don't follow stocks, but I will get it up in just a second. And BGG, Briggs and Stratton, they make engines for lawnmowers and stuff, right? Yeah, they bought generators and all that. I bought it on a hurricane thing two years ago at 18, now it's at 14, so I don't, and I bought it last year when the storm's hitting and it's been tanking ever since, but all of a sudden it's gapping out, but I don't know that their balance sheet looks pretty good, like any other chart. Well, those are things that I don't know, but I do know charts, so give me a second here. And, well, it's making an ABCD, Victor, so you'd be willing, this is in a big downtrend, so I would be looking to get out of this stock here really pretty quickly. Let's just draw in the ABCD for you, and then I'll post it here in the room so you can see it, and let's see where we are. We are there now, Victor. You'll see it, I'll bring it up. 877-927-6648. If you are in the CD market and looking for a secure investment, the Tiger First 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 and pay no tax on 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 First Mortgage Program would give you 3,500 per year or 14,000 over the four years. Which would you prefer? 6,200 or 14,000 of interest on your investment. 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Distributor, foresight fund services, LLC. The Bull Bear, binary option hour, next on TFNN. Okay, we're back folks. Let's talk just a little bit about the Briggs and Stratton that Victor asked us about. You can see it's been at a long-term downtrend for quite a few years and now all we're doing is making an ABCD correction in a bear market and it's making it right now. Point D is right there where we're trading. So you certainly wanna, if you believe in patterns, you would expect this market to back off after this ABCD pattern. So I would use this as an opportunity to get short or to get out of the long. That's what I would be looking at. But it's just an ABCD pattern folks. I don't know anything about the fundamentals. As we've said many times, it's all based on pattern recognition, taking responsibility for your trades and that's what it's all about. Now, you wanna talk about frustration boys and girls. Let me show you something that drives me up the wall sometimes but this was my AI forecast for this morning when I was talking about that 29, 25 level, how important it was. And if you'll notice here, we'll get this up here. You'll see right after the opening, it hit 29, 23 and a half. The forecast was for a down move for the rest of the day, whether that'll happen or not. I don't know, but at least it started. And here I am sitting here with a chocolate ice cream in my hand and I don't have a bowl to put it in and it's melting. So I have to wait for the next trading opportunity. So what I'll do now is I will follow a 15 minute chart on this and maybe we'll get an ABCD pattern correction to a retracement back. So we'll see how that's going to go. Yes, Peter, thanks for reminding me. It's down 10 points from the opening. So we'll keep an eye on that one, but that's neither here nor there. Okay, let's move on to talk about one of the thank stock someone's asked me about. And that thank stock, of course, is Facebook. I wanna bring it up here. We talked about it yesterday. It is up against major resistance here, boys and girls. You'll notice here, we're sitting at the exact 61% retracement that we hit the other day from the high where we made that big island reversal. And that's a really important one to pay attention to. Hey, we've got Mr. Z on the line. Mr. Z, how are you today, buddy? Larry, you are doing Yeoman's work. Yeah, I'm getting ready for the marathon now, sir. I'm getting ready for, you know, I do the Iron Man every year here in Tucson. I do. I do. No, really, we do have a big Iron Man here. We hit the Pizza Hut, the Subway, and McDonald's. That's the triumphant that we do for the Iron Man each year here. And I've won a bronze medal four years in a row now in the Knife and Fork division. Anyway, what can I do for you, buddy? Given that's the case next time you're in Philadelphia, instead of just doing the forestry, we're gonna go up to South and do gyms and a couple others, make sure we get three in there. Well, we're gonna be in Philadelphia. We got a little baby coming in 58 days, another little bouncing boy. So we'll be in Philadelphia for a little time during the summer, so that'll be fun. I wanted to ask if you'd help me please on the bonds, if you could pull up either your four hour, I guess your four hour chart, and very specifically wanted to ask your help with this particular topic, namely, if this decline from that 150, 21 top back a month ago, or whenever that was, if in fact, this is just a correction lower, where is the potential bottom? Where do you see or if we buy it somewhere in here near this 146 level, or slightly lower if you think we get there? What the stop, as you see it, should be playing for a rally back up to 148.5 and conceivably higher, maybe 150, 21 again. So if you could help me with that, I'd appreciate it. 150, 21 is gonna have to come on Christmas Eve, Bubba, because they ain't got much of a chance to get back there again. If you, I posted a chart in there, the four hour chart, you'll notice we made that 382 level up with that 148, 14. That measures down to the 78% level at 145, John. So that's what I'd be looking at. We're setting it a 61% retracement right now at 146.02. We're trading 146.10, but I think we're heading to 145 and below 145, uh-oh, big trouble, because this head and shoulders pattern has to hold right in here on that daily, or it's no good. It's already told you that it's got trouble because it couldn't get above the 382 retracement on the first day BCD move. That's a, you know, that's a negative sign, you know? So that's what I see. I think we're going down to 145, another point lower, you know? I ask you too, I'm looking in Tiger TV in the den and I don't see that chart. Be helpful if you can post that for me, please. Sure, but let me put it up here again. We'll see, hold on a second here. There, I think that's it. I thought I posted it once, man. Well, there you go, I see it. Okay, okay, there you go. That's how we're looking. See if you, in fact, is what I should do is, and what I will do is I will draw in that ABCD so that everybody can see it and we can have some fun looking at it because it comes in exactly spot on at the 78% level at 145. Ah, there we are, I think that, there's what you're looking at, is here again. From your perspective, you'd want to try it by only No, no, no, you could do it here. No, you could do it here. You're right at the 61% retracement. Your risk here is really small. Your risk here is about 250 bucks. Risk about eight ticks if you wanted to try it. Yeah, nothing wrong with that. Very good, I see the scenarios you're looking at here. Terrific, that answers the question. And let me ask you a follow-up question. Is there any chance, yes and P, tops in our lifetime? In our lifetime? In your lifetime, John, but not in mine. No, it's gonna happen, you know, but it'll happen when nobody's, it'll happen. Look, as we're trading at 29.11 now, we're down 12 handles in 15 minutes so there's something happen today and, you know, there was a big cycles coming in here. That's why we got Norm call it to the minute and Winsky coming on tomorrow to talk about some of this stuff. So I don't know, hey, I just look at the patterns. You know, sometimes they work, sometimes they don't and that's all you can do. So, I'll just, on something related, you've been speaking for probably three weeks now how the WTI crude oil has been up to and now hovering around the $64 a barrel level. That just happens to be a 618 retracement mark. Now we haven't gone down, but, you know, we haven't gone higher than that by much and I just wanted to add to that, Larry. I, in assessing oil, I look at, of course, the WTI, the CL contract, so look at and trade the Brent contract. And it's, you know, it's both the same stuff. There's some key differences on where it can be delivered and so the pricing is different. But on the Brent, it's 618 level was 72 and a half and Larry, we got within 25 cents of that just this morning and like the S&P, we've rolled over at least in the past hours. So, I just wanted to tell you I'm looking at that and, you know, doing some short scalping, looking for a potential top as you are. So, maybe we'll wind up in here. All right, hey, thanks for calling in, John. I appreciate it, buddy. Thank you, Larry. Mr. Z, 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. It's the most common trait that we tigers and tigers share. 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For more information, just click the Think or Swim banner on the front page of tfn.com. Okay, we're back, folks. We got a show to that this afternoon between three and five p.m. I'll be setting in for Tom O'Brien. It's gonna be an interesting show. I'm going over the history of CNBC, how it got started, and all the folks that was involved with that. That was back in the old days in the 1980s, and I was still in, I was in Pismac Beach, but when this started, it was back in 85, 86. I was still in Westlake Village, so I knew Ron and Son and all those folks. I'll go over the history of it, you might enjoy that. And I'm also gonna go over the ups and downs that I've had, what I've learned, and relearned, and relearned, and relearned. So we'll see how, I think you'll enjoy it. I don't get a chance to do this too much anymore, but we'll do a little bit of it today. You can ask questions if you like, but I think it'll be interesting because I met some nice people across the spectrum of these markets over the years. Keep an eye on the stock market, folks. We've got some key levels up here that we hit, almost hit at 29, 25 in the S&P, so that should be something that would be very, very interesting to look at. Anyway, we'll have to take, whose hairpiece is that, David? I don't know who you're talking about. Oh, I don't know what that is. I'll not worry about that. Anyway, we'll keep an eye on some of these things here. Oh, Ron and Sana, yes, yes. Ron is, he was from SC. He was a graduate student, and he started working at TFNN, Tiger, not TFNN, Financial News Network, KWHY in Los Angeles, California. Great, great guy, too. God, he's just a really nice fellow, nice fellow. And as is Bill Griffith, is the salt of the earth, and so is Suhoorara. And anyway, it's really great. It's really super. Anyway, let's... You're very funny, David. Anyway, let's be kind today, folks. We're in the holy week, you know what? We got only Thursday tomorrow. Good Friday coming in. The markets will be closed, so live every day in an attitude of gratitude, and may God bless and do something nice for someone today, boys and girls.