 Let's get over to our man Mr. Basil Chapman as we do each and every Tuesday at twenty past the hour. And don't forget, folks, Basil has an outstanding newsletter. You can check it out right on the front page of TFNN. It's the opening call. It's very easy to get the Basil's newsletter, folks. As you come over to TFNN, bottom line, you're going to go into newsletters. Bottom line, you're going to see it right on the right hand side of the opening call. You can get the opening call for one month. There it is. You can get it for one month for $149. You can get it for six months for $695, which is the savings of $199, or 22%. You can get it for one year, folks, for $1195, which is the savings of $593, or 33%. Now they all come, folks, with a huge amount of education that Basil has on his page. So when you get this, you're going to get about 10 archives to really understand how the market moves. If you enjoy it, bottom line, you're going to pay for it. If you don't enjoy it in 30 days, bottom line, you get your money back. So check it out. Front page of TFNN. You go into newsletters to the opening call right on the left hand side. Basil Chapman, what's going on? Nothing new here. Just a very quiet market until the end of the year. Nothing happening. I'm telling you. It's pretty wild. There's no doubt, man. So when we spoke last, we were looking at 900-point moves in the Dow with the futures intraday. I mean, that was big. You can see on this side, the left side here with the daily chart, look at those big red candles. And then what happened is I use a couple of techniques and I use them over and over again because what I believe very strongly is that it doesn't matter what particular techniques anybody uses, as long as you're consistent and you use them the same way over and over. You don't modulate them to form, fit whatever it is. That's the way it is and that's the way you use it. So I like to talk about little candles, sometimes little doji. I have just three or four candles that are really important to me in the candlestick charting method. But I also have some moving averages. And you can see we spoke about this, that little doji candle all-time high on the Dow on the 8th of November at 36,565. That's when we actually started a short position that very day within 40 points. We didn't keep it for too long, unfortunately, but they're the patterns. We look at that H pattern, the Dow broke down, started to move down. And then it accelerated and where did it stop? And that to me is really the most important thing. Right on the 200-period moving average. And I'll show you right now this orange line right here. Well, in different programs, it comes out different colors. But it's orange, this thick line right here. And I'd say, and when I spoke to you last week, we still had a couple of days to go. And as the market tumbled down, the length of the Dow moves. In other words, the length of the red candles accelerated, got bigger and bigger. And then we closed. Remember that Friday, it looked like it was going to be a great day. The market was moving up. And then all of a sudden it turned around and closed at the low. And what happened is I like to use that 200-period moving average, but I use it with many other things. So that to me was when I did my homework on Friday. I said, you know what, Friday night, I said, this is going to be very interesting. And as I went over the market on the Saturday, I did my overview of the video for my subscribers, I said, this is going to be very interesting because it's held very nicely. And there's a chance on Monday that we're going to actually, we're already holding a core long position from the low, starting at the lows of last March, March 2020. And we've been trading up and down. We're using the diamonds and the DOG, which is the inverse of the Dow. But at this particular point, I said, we might go long. So we did actually go long. Unfortunately, we got just stopped out. And the very next day, the market moved even higher. So we wanted to add to our long position. That one just worked very briefly. Unfortunately, it was taken out. However, looking at the candle, I've got a pattern that I call, it's, I'll do it right here. It's got, it's like a declining cone formation. In other words, as the price is, where did that go? Whoops, I've done something wrong. I can't show it right now. Oh, there it is. As the price is coming down from a particular high, it makes lower highs and much lower lows. And the most important thing about this is I'm doing some funny things over here. I'm changing all the rules. Okay, there it is. So this particular pattern has, you can see it. Yes, this leg to the upside, just call it one big leg. Like I call it, this is the axe handle. I call it the falling axe. It's like a trend line that goes up and then you make lower highs and much lower lows. There are lower highs and much lower lows. Then all of a sudden it tries to form a base of support. And if it takes out the declining upper trend line, that can be very positive and it can take you sometimes all the way to the top. Most importantly, what you want to, at that particular point, what I want to look for is does the MACD turned around and cross positive? It hasn't yet. It's close, but it hasn't yet. It's made a fantastic turn because of the strength of the doubt. Number two is the stochastic, which I usually like to see go under 15% preferably. Single digits, turning sharply higher, but it's nice. It's up at 34%. That's not great, but it's nice. But the on-balance volumes of the leg and the little blue line is lagging a little bit. And if you can see in the weekly chart, we did very nicely here. We went right to what I call the Chapman Wave inside track, pro-palant zone, this green and pink rising, it was narrow, a channel. And then it went to the top. So a lot of things here are really perfect for a take-off pattern, but we don't have synchronicity with the QQQs. That's the index 100. And at this particular point, we're actually still short, we're still short in actually making money via the instrument we've got. It's kind of stalled right here. And I suspect that what I've been speaking to you about is a rotational correction. I suspect that that's going to go on for quite a bit over the December month. And one of the reasons why I say that is the tech sector had just a spectacular run to the upside and it deserves some kind of a breather. And that's all it is so far. I mean, going from four or eight down to 378, that's not much of a correction, but it is the start of a correction. So unless something really fantastic happens between now and this coming Friday for the weekly candle to change, I suspect that what we're looking at is there are a lot. I'm sure if you've gone through charts, you've looked and said, I can't believe it. And you can name your NDX 100 stock, NASDAQ 100. Some of them have dropped 20, 30, 40, even 50% that doc you signed. So this is not really telling you everything that's going on. And that's the reason why I think that there's still enough sectors within the NASDAQ 100 that can kind of put a cap on the upside. That's what I'm saying. And the roll over into the Dow type stocks, I think it's very important. And that's really, since I think the summer of 2010, I've been saying to you, it's very interesting that we've had rotational corrections because it allows one sector that's overbought to take a breather while another sector that's kind of oversold to take its place. And I think that's kind of what we're looking at right now. And so what we've done for my subscribers is we've gone back to individual stocks to see if we can get the stocks that are acting the best and just try to hold on to those. So this is a very important moment that we're looking at. And I'll just say a Dow above 36,000 would be very impressive, I must say. But at this point, we're going to watch it really close. And folks, very easy guys, newsletters, just come over to TFNN. But as we have a great one, safe one, we look forward to showing them all. Thank you, Tom, you too. Thank you. Yeah, folks, come right back.