 The following is a presentation of TFNN Trade what you see with Larry Pezzavento Toll free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Okay looking good really really feeling good Lewis well two days off if you can call working 14 hours a day off As fun, but it certainly has been I'll share you some of the stuff that we're we're doing just to give you an idea We have a really interesting pattern. You know this beautiful garly pattern completing in the Dax Last night, you know pretty much spot on having a little bit of a rally this morning If we take a look here at the footsie, it's actually holding up pretty good considering They have no idea what's going on with Brexit over there, but you know, why should that be any different? So those are the ones that we're keeping a close eye on folks We've had some big things happen yesterday given the fact that what the Federal Reserve is doing If they are doing anything at all, but we'll have to wait and see now There I just want to show you some comparative charts here. This is these are just charts folks Diddly squat to do with the fundamentals at all But one of the things that we focused on in the newsletter this past week And it was very very important from what we were looking at and I'll share with you some of the ideas I mean, you know, sometimes these things work. Sometimes they don't but if you look at that Nasdaq You can see the three drive to a top pattern that we had there This is over a you know, five week period, you know It acted pretty good and you can see the ABCD structures But you'll notice down in the bottom there where it says there should be a day in August where the Nasdaq drops 250 points 150 was the largest drop that we had in July Well from the high that we made at 80 50 to the low that we made yesterday at 70 80 Was 260 points not only that but it was on July the 31st and not August 1st And it was 10 points off. So this one certainly didn't work I mean my goodness, that's no good at all. But let me show you something else that's happening right now that I have Think you think you should pay attention to if we look at what was happening to the S&P as of Friday, you'll notice there were three 1.618 ratios up there and this is a four-hour chart So you get to see almost all well you just see all of July and Coming into the 29th of August. So you can see all those ratios coming together You can see the three drives to a top pattern happening So that's very very important and so what we'll do now is find a market that is looking at a Kudos to you Marshall. Thank you so much for the the lovely gesture you and Lynn. I did yourself John and I got a really nice Bottle of two bucks Chuck and some parmesan cheese. So thank you very much. We've got a lot of money left over So we're having a good time. Okay, let's take a quick look. We looked at that S&P now Let's look at the same chart totally different. Okay, same pattern Totally different and everybody's on the wrong side of this one too. So let's just get up here and take a quick Look at it. This is the US dollar index and as you can see here, this is just like that S&P chart It's a three drive to a top pattern Everything's there and not only that with the Federal Reserve out there Everybody is bearish the euro and stuff and you know, they're right because the euro could literally You know go into a massive freefall in here if it doesn't hold this 110 level, you know, we're looking at Prices in the euro that could take it down. Oh my goodness. We've oh Shoot, I think we've had several of these that we've I think I've got it up here. Did I hope I I hope I did because it was that important. Oh Shut the front door and raise the rent. Oh Maybe not Let's get it up here. I'll just show it to you here on the support page so you can see where we are We're trading a tad under We're still at the support where we're under where these prices are you'll get this up and take a quick look at it You'll see that that's where we are. Okay Now let's get into as a terrier. We're gonna take a look at hogs Ruby hogs are there at the seven eight six deer if you want to buy them. This is it either February or December either one there within about a half a point. They should be spot on this morning I don't know if they are but hogs are in a by they're right there Seven eight six, you know, the old fundamental stuff that they're feeding us is still there even though the hogs have dropped 8 cents during the good fundamentals. So they they're there Rudy You don't have to risk more than a buck and a half on that deer So don't don't risk any on any risk any less than that. That's for sure But they're right at the seventy eight six on the both December and October hogs Both of them are, you know, right in the right in the zone, you know to take a To keep a close eye on these. Okay. All righty now. Let's take a look at something just a little bit differently Here's some of the things the reason why I needed Three days off. I've had John Jameson here for a while seems like four years, but it's a little less than that Anyway, you know, we're doing a lot of things. He's he's he's really very very creative and Incredibly smart, but I just want to show you the type of work that he experiments with it is really It's really quite amazing. Here is this is going back last month. Okay, but this is what I wanted to Bring to your attention. He looks at charts a little bit differently by using price and volume a little differently And what we're watching here is you see that little arrow when it when that little arrow turns And all this is related to is price and volume folks it's a different way of looking at it that is very unique and it is quite good and What we what we do is we look at periods Over a like 10 15 years and what it does is it says let me just give you a bird's-eye view in a good old Italian language Okay, basically what it's saying is that this looks like the market is oh, this is great Color me happy. Hold on just a second boys and girls. This is what we want to see Hold on just a second here. Oh There we go We got a really good. Okay, get this up here in a minute here. It basically says Looking at the looking at the gold over the past 22 trading days during the month of uh july Let's just take it, you know theoretically that the probability of the market rallying on days the trading days 14 15 16 and 17 are 70 percent And if those days happen to line up With a couple other factors that you that you look for like volume and things like that that puts the probabilities even higher And if you see a woman in a black dress walking across the floor Across the street from the merc with wearing a white hat that increases it also I know I'm being a little bit facetious But it's all those little things and what it does is it puts probabilities In the favor of the trade working now, they don't work all the time But that puts the probabilities in your favor. That's what it's all about It's all about risk control And that's the real the real key. So what was happening here is what we were looking at in the market coming into this Last week of july Was a you know a factor of something That could happen dramatically, you know, whether it did or not yet I don't know it did sell off a little bit, but that's the kind of thing that We've been doing it's about 12 14 hours a day. The good part is he's a lot of fun. He's really smart And we get along pretty good So what we do is we work for 14 hours And then we go down and play poker for six hours And then we sleep for two hours and then start all over again. Well, we don't play poker Okay, let's get right back to work here after we pay a few bills If you're not currently using the taz profile scanner when looking at setting up your trading opportunities Then your arsenal is short a mighty weapon The taz profile scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks ETFs commodity futures and forex Heavied by steve doll taz understands that in today's technological world the use of top flight software And technical analysis expertise is essential to successful trading in today's market You also gain access to the webinar that steve doll and tom o'brien just hosted The best way to use the taz profile scanner to profit this webinar archive is available for all subscribers Immediately upon signing up all new subscriptions also come with a 30 day money back guarantee So you have nothing to risk Start your subscription by visiting the front page of tfnn.com today And you'll find the taz profile scanner under the services tab sign up today Are you in the market for buying or selling real estate in the bay area? 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We're back and we are going to do a chart on the little piggies here folks We're going to take a look at christmas hogs december And we'll just show the those colors are uh This is hard to explain terry you can't do it over You know, you know in a few minutes it really takes you have to break it down each one of them basically What you're looking at is when you're looking at a chart like that is you're looking at it from several different Pictures in other words, like if you're going into a baseball game The baseball game is going to be the same whether you're looking at it from the home side at third base Or the visitor side at first base It's the same game But the perspective of the game will be different because you're looking at it from a different I'm going to show you the uh just a second I'm going to get up the hog chart for uh ruby here to show you where we are This is a real interesting chart for a couple of different reasons folks. You'll notice here on the 23rd of july We were making a 78 percent retracement of the high that we made back in may That was also a 50 percent retracement from the high that we made back in april Uh the the news is from china. They're still having supposedly a hog problem over there But we've dropped, you know 10 cents almost well nine and a half cents a pound here We're right at the 78 percent level down here At 69 bucks. So you buy it at 69 you stop it at 67 50 So you're going to have to risk about a hundred a buck and a half On that, uh, you know, we're over we're one day away from the the new moon. So that also should be You know should be important, but this should be the this should be really good support here in the uh in the hog So we'll we'll see whether that is uh going to happen or not But hey, you know, there could have been support at 72, but it didn't stop there And we are now down one two three four five six. We're down six days in a row that itself makes it an outlier event Yes, the the chinese are using uh substitute pork. It's it instead of beyond beef It's beyond pork. I guess I don't know heck who knows has anybody out there tasted that stuff My guess is if you put enough pickles and mustard and mayonnaise on it It will probably taste okay. You know who we should try to test that stuff with is our good vegetarian Our our resident vegan uh tom will brine would probably be able to test beyond meat to see how it goes I watched uh, jim kramer, uh cooking the stuff the other day out in the Right there in front of the nasdaq and it you know, it looked like hamburgers, but uh, I don't know Yeah beyond roadkill Very good, you know bill they actually have a recipe for roadkill, so That's one thing we never did back in the old days in tarot We used to we used to do hunting, you know, my grandfather He hunted for pheasants and quail and stuff like that, but that was little stuff. We never went in for deer Well, we did hide we we hunt wild boar When they were available there in southern indiana for a while Okay, let's move on here to a couple of other things that people are asking us about The currency folks if these if this euro does not hold 110, you know, we're looking at 108 105 and and those are the long-term weekly So all you have to do is look at the the newsletter and you'll be able to see it By the way folks if you've never tried the newsletter 24 7 If you want to try it now is the time because we are entering the the month of august and september That is going to be I believe really spectacular for a whole lot of different reasons And it started that way late july so we're going to see if it's going to Continue, but there's going to be some really great trading opportunities as a matter of fact as a matter of fact as we look out the window here at The broad street here in philadelphia, pennsylvania 100 south broad street One of those patterns. Oh, there's the lady in the black dress with the white hat crossing the street And she's carrying a sign that says look at the stuff that grows in the midwest That's usually as high as an elephant's eye And now she's disappeared into the building shut the front door and raised the rent I wonder what she was talking about Anyway, let's see if it's going to be christmas day. Anyway, the amount on the you don't have to risk very much there That's for sure. Let's take a quick look at these bonds folks. So we're having a nice little pop here today Taking out yesterday's high What we're seeing in bonds folks is nothing more than a snapback rally. This is uh, the the that you know the You got a drop in interest rates. He only got one out of two. I guess but frankly This is a bearish chart, you know, we interest rates are going to go higher Now if we do run into uh, and and we could we certainly could let's just get this up here I want to get this here to show you where you are. This is the weekly, but if we get these, uh If we get these little puppies up here above we get if we get the notes above 130 Uh, and there that's three handles from where we are right now That would put the bonds up in the stratosphere probably close to 160 Then we could be possibly looking at negative interest rates, but the more I look at the negative interest rates The more I realize it's nothing more than cannon fodder. It really It's all baloney. I don't you know, no one's ever explained it to me that it works that way. So Shucks, I'm not going to worry too much about it Let's move on here just a minute and we'll see what's going on here with a couple of things So we talked about the piggies. We talked about the stuff that grows as high as an elephant eye Oh, another one looks real interesting here, especially when we're looking at these hold on just a second here Oh, I've got a I've got a message coming in from mr. Monley. Simon Lee. So just bear with me a second here And we want to see what's going Okay, okay, we had a uh had a pretty good day yesterday at the old web below So we'll see what's going on with uh some of these things hold on Hold on just a second. I have to answer something and then Okay, just a second Boy, these prices are sure different than they were the other day Uh, wait handles are on holy cow if someone's asking the question, uh about the uh The move down that we had yesterday. Is that the start of something big? I believe that it is but you don't really know for sure I want to share with you a really really great chart from mr. Z here in the den that he said to us So this is this is really I think a description of whether you think it's for real or not Let's just get this up here and we'll bring up here to see it This is a s and p 500 chart going back to march And if you notice the first red arrow that high that was made there and you notice the second red arrow Which was the low of yesterday at 2950. Oh shucks. I got those prices wrong Anyway, that held now if we get below that that's going to be really negative In other words, if we take out those lows of yesterday, that's going to be relatively negative So pay, uh, you know pays sort of attention to that because that'll be something that is really I've got a I got I made an error folks. So just a second Just a second. Uh, just a minute. Oh, I got it Oh, I can't write. Uh, just a second. I'm trying to do two things at once folks and that is, uh Wow, okay, we'll be right back. I'm sorry. I'm trying too many things at once and walking in chew gum is not my strong point. We'll be right back Larry Pezzavento has just started his brand new service Fibonacci 24 seven 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 six videos and a full report to his subscribers in just one week If you're a technical trader that uses patterns and retracements to trade Then larry's service Fibonacci 24 seven is something that you must try right now New subscribers can get a full 30 day money back guarantee with nothing to risk sign up now to larry pezzavento's Fibonacci 24 seven by visiting the front page of tfnn.com under trading newsletters The path of least resistance is david white's daily trading newsletter And if you're looking for active trading ideas then now's a perfect time for a 30 day free trial to this powerful daily trading advisory service David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter Using a combination of equity trades along with options David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted 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 he delivers every morning 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 charts In collaboration with tom o'brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David white has programmed an outstanding piece of software that will complement any trader's methodology Using this first of its kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci formation setups including guardleafs abc's butterflies and much more the art of timing the trade Charts 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 going to 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 For back folks, I've posted the chart that we talked about last week and that is the natural gas uh, it's really spot-on And uh, what we're looking at here is a move. Uh, we missed the actual bottom by a dollar It's rallied, uh, $2,500 the last three days And so uh, watch this for a potential pullback folks. It could be really really interesting here in natural gas This is a long-term chart Going back, uh, you know many many years well three or four years And so there's major major support down there at that 210 level And we hit 211 and I had a heck of a rally so far, but let's let's keep an eye on this one This is one that looks really good Uh from a technical standpoint remember this is all technically based it has nothing to do With the fundamentals or the news or you know anything like that. That's not uh, that's not What we're really watching here So let's uh keep that on our watch list for sure The next one I wanted to bring to your attention mainly because it's related to lunar cycles quite heavily And that is the uh wheat Here we are we're in over the zone of the new moon And as you can see we're we're trading almost what we are trading exactly at the 61 percent retracement here In the wheat today, so your amount of money that you have to risk on this would be uh, you know, relatively small if you Wanted to take a look at it. You can see the nice a bcd pattern. It's a perfect guardly Looking at it closely from the 20th of july. It's also a three drive to a bottom pattern So that's another one that looks uh, you know, really really interesting to see what's going on By the way folks the phone lines are really jammed today at tf and in so keep trying to call in I mean, it's just uh, the whole the waiting time is about 45 minutes So if you can get in you know, give it a shot and we'll try to answer your questions If we can and that's what we're taking a look at The question that people are asking me was this a major top in the stock market? All I know is it was a top I don't know if it's a major top. I don't think you're going to know that until You know, you see something a little more dramatic because all it did was a dow was down 400 You know, that's not too much What the what the nasdaq did is what we were expecting if you look at it And you can do this yourself like 21 says the phy human nature do the work yourself Go back to see what the market did in the past and just look at it forward If you went back and looked at the nasdaq the biggest drop we'd had between may And uh, june and july was 150 points Well, you take 150 times 1.618 and that gets you to guess what 250 and it dropped 260 So you had a nice rally after that too. Let's uh Move on a little bit about that that number back in 1987 I was on the tfna a tf financial news network in wkhy in Los angeles with ron and sana suja rara bill griffith john bolinger adhart and I was a regular I'd get on every two weeks with Bill griffith and he loved astrology still does and uh, I was saying that sometime in the month of october We would have a drop in the dow Jones of 300 points and he You know, they had not seen a 300 point drop in the dow Jones before the biggest drop that we had had been one 180 180 points, I believe sometime in july of 87 and all I did was multiply that number times 1.618 And of course it was down 550 points that day But it did go down more than the 300 that you know, we thought it was going to do We'll have to wait and see ruby's telling us now that the initial breakout For a rally. I don't know if the ruby you can tell me whether the hogs have hit that 70 level in the uh, the uh, december hogs because that's where uh, it looks like it would be a buy You wouldn't have to risk much stopping at 69 40 you're down six days So you got probabilities on your favor because it's extremely uh oversold So uh, and not only that but you got the lunar cycle and you know, I like that lunar cycle Especially when we have mercury going direct like we did on the 31st and then we got that new moon So there should be some pretty good cycle things, you know happening in some of these other things besides the ones that are that are occurring in the Oh gee which you have to love this stock market man. Oh lie. Look at the moves 50 points in the s&p In the nasdaq in just a matter of a second. So you guys you have to love it Okay, let's move on here and uh, we want to talk about the bonds here a little bit folks Watch these december bonds because they're going to be really interesting when we get to those levels here of Uh, the uh Hold on just a second. I'm trying to do too many things at once and it's just not working the way that I want it So hold on just a second here Uh, I'm answering what I'm doing folks is I'm answering questions Uh at the same time that I'm trying to talk and that's always pretty good. So we're having a The market just opened. We had a night the s&p's rallied 10 points the nasdaq has rallied 50 60 points And remember these are big moves that we're having now folks and we're having a thousand and 2000 point moves So that's not uh, that's not unusual So we want to you know pay close attention to those As we see them happening. This is uh This is a type of action that we really really hope for so I I think it's uh important that we we pay Pretty close attention to it anyway for sure The the overnight lows that we made last night In fact is if you let's just quickly look at this from a fibonacci standpoint here in the s&p to see what our numbers are And we'll just look at the hourly chart here. We're going to see what the rally back should be right now We had a high at 30 30. We went down. We dropped 80 handles all the way down to 29 55 And all we've done so far is make a 382 retracement of that move now If we can get above 30 10 Then what we might have had yesterday was a major bottom and if we look at this on a daily chart You know, we did hit a really nice uh 61 percent retracement Of the low that we made, you know back on June the 5th That was the number that mr z was telling us about it stopped Is as a matter of fact, I think it stopped exactly at that number it did and that number was 29 50 So it stopped right where it should have and now we're getting this uh, you know pretty big move happening So we need to uh, you know, watch what the action is going to be like here So we'll be uh be be paying close attention to it as always But when you see moves like this real early in the morning folks Those are the algal trade all algal trading people and it doesn't take look in five minutes folks We went from 78 60 to 79 20 that's 60 handles or $1,500 in the nasdaq without a That's 30 that would be $1,500 in the s&p In in without a down tick. I mean just straight up. I mean that's that is all computerized buying. That's exactly what that is so Not much you can Unless you unless you have an algorithm program and that's always nice to have one if you do But those are just some of the things that you need to You know pay a close attention to Someone's asked me what's the most important thing that's happened over the uh, the last You know 72 hours or so since I was on last well I think the main thing is is that the stock market did stop at that three drive pattern that we looked at Also that the the dollar index is doing a three drive pattern. That's very important And we've got a lot of things happening in the grains corn wheat and beans right over this, uh This new moon plus the hog. So there's a lot of things going on that You know could mean a great deal. 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We're back and we've been asked to talk about Christmas corn And so we're going to talk about it for us Here's what we're looking at here Bring this up here. You'll be able to see it We're over a new moon as of yesterday and uh, you'll notice here the 61 percent retracement in the corn Is down at the 408 level. We should be pretty close to that this morning I would think the risk is about six cents. That's where you Become a farmer at that level Folks, this is a perfect abcd pattern This is the pattern that garley talked about on page 222 that when you see your first abcd correction in a bull market in a new bull market You buy it if you see your first abcd correction in a bear market you sell it And that's what you're looking for so Sort of pay close attention to that. It's going to be Interesting to see it unfold whether it works or not, but we are over A major lunar cycle if you look back there on May 13th Right around that time within a day or two. We had another Full moon occurring and that was a major bottom and that was right in the midst of All the stuff before the rain came now The I haven't looked at the gold and silver folks, but we are we are in a bearish market I believe in gold and silver We we covered that in the newsletter, of course Over the weekend and I'll get that gold chart. Oh boy. I think I think I've used it up Yep, I have but anyway, there's some support here in the gold at the lull that we made this morning around 14 10 14 12 We're now trading around 14 17 Silver's had a lot of resistance folks up at that 16 60 level that was a 61% retracement on the long-term weekly chart Platinum had great resistance at the 892. We sold all the way off to 855 in the platinum, but They're holding. I mean, you know that the open interest is still positive in the gold market You know even on the sell-offs you got people coming in willing to buy it which is actually Pretty good now what I'll try to do tomorrow Is I'll focus more on the gold and silver, but today I wanted to focus primarily on the currency the stock and a little bit of bonds and of course the The grain markets because the grain markets are affected by these lunar cycles quite a bit If you ever want to read about some of that stuff Read andrew lowe's book the evolution of technical analysis It was written by bloomberg press and it's really a very good book And the first 50 pages of it dr. Lowe describes that the first technicians, you know were astrologers speaking of technicals the things it was a really interesting chart here that was sent to me by rich anderson and it shows the relationship between Technicians and the fundamentalists and as you can see here Whether this chart is right or not. I don't know, but this shows the performance relative To market of the strong buys on cnbc's Show for with yahoo numbers and you can see here that the technical analysis Seemed at least during this time period that it's looking at that certainly outperformed the fundamentalists And remember the fundamentalists are those are the bean counters folks Those are the ones that are looking at every penny every soybean Pod and all the kernels of corn and all that stuff Ruby's asking a question about the hot chocolate. Just give me a second here, ruby And i'll be happy to bring it up for you And uh, there's the cacoa that we get this up here so we can see it. We're at major support here I don't I haven't updated it ruby. So I don't know Oh, shut the front door here. There we go There we go has major support at that 23 60 level I don't know if it's if it's held that level this week or not because I've just been too busy Looking at everything but look at your chart ruby and as long as we're holding above 23 60 it looks pretty good It's short term. It's very oversold which is really good So to me it looks like the thing is uh, is it 23 28 right now? That's a little lower than what I would expect it Let's take a let's review that for just a second here. See 23 28 breaks you down. Ooh, that's a lot Yeah, you're down. Well, you're you're where you are ruby. You're right at the 78 percent level Of the low that we made back in may we took out that down trending line there Which is not unusual because that garly would have failed So 23 28 is right at that line So what if you're going to do it you don't have to risk very much here your stop would read below right below the 22 90 level So you're risking really a small amount right here and remember now you're down You're down two and a half weeks from the high. So if you want to take a look at cocoa, this is a place to do it. I The right there, you know, I thought it might break 23 60 which it did and we're 23 28 You're only talking a few hundred dollars. So at 23 28 and the stop at 27 90 You're certainly not looking, you know too much to do. Here's the coffee Since ruby likes to look at coffee. We've been able to take a look at this You know be able to see it the coffee is right down to this level 98 That we've been talking about for several weeks. I saw it cross the tape this morning at 98 and I I'm not even Not even involved in the coffee market other than having a cup of joe once in a while So those are just some of the things that we're that we're watching here So let's keep a close eye on some of these things as we watch these markets unfold today The folks on the treasury bonds just to get off the the beaten path a little bit the 78 percent retracement on these treasury bonds And it's I think it's an important number, you know to pay close attention to is up around the 156 16 level So let's just make sure that is the right number. Let's get this four hour. Yep. Yeah, that's where we are Well, actually it's you're right there right now 156 11. So we're right near that spot number In the treasury bond. So we'll see if that's going to be the That's going to be the case or not. So we'll be watching it for sure because it's got a really good probability here of Of you know turning down Some time to dare tomorrow because these if you if you listen to bloomberg this morning mohammed al-Aryan, you know the fellow that used to be with Oh, I can't remember the guy's name from fiber. Oh dear Anyway, he said that the federal reserve is always lagging the market. So bill gross. Thank you so much, mr Bill. Uh, yeah bill gross and that the federal reserve is lag lagging behind the market, which is true And it's all political stuff. So you don't need to you know to really need to look at that stuff. So that's uh, that's neither here nor there So that's what we're watching here today folks and we'll be able to see what's going on here pretty soon and We'll see how walter is doing out there in the back 40 We're in the midst of uh Hold on one second folks. We're in the midst of uh I'm on soon season here now folks So what we'll do is we'll probably run into some problems with Data and stuff because when the storms come they're really really violent. So that's it Well, we're almost due for a break here and then tomorrow we'll be back on next week We'll have some guests on hopefully we'll have bill meridian on and we'll have we'll do our best to get mr Winsky on so we'll be able to see that but we'll take a break here eight seven seven nine two seven six six four eight 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 If you're looking to become the best of the best when it comes to managing your money Let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets I'm steve rhodes author of mastering probability and for the last 12 months timer digest has been tracking my newsletter signals Which have earned me the ranking as their number one market timer in the nation for the s and p 500 for the last 12 Six and three months timer digest also ranks me as the number one market timer for gold as well The fact is markets can be timed and i'll teach you the exact set of tools that i use that has transformed me into One of the best at what i do sign up for mastering probability today By clicking on the newsletter tab on the home page of tfnn.com and get immediate access to workshops Where i take you step by step how to use an extraordinary set of tools as well as provide great market calls to sign up today If you haven't checked out the newsletters page of tfnn.com What are you waiting for all of the tfnn newsletters are informative up to date Affordable and a must-have for every trader looking to gain a competitive informational edge in today's markets tfnn newsletters cover every aspect of the markets to offer you the very latest in market news Plus new subscribers get to test drive our newsletters risk-free for 30 days From all aspects of the markets including stocks bonds metals commodities and tech There's a newsletter to fit your needs exclusively from tfnn Stay informed each day you trade and get that competitive edge that will help you stay ahead of the game Visit our newsletters page by going to tfnn.com and click the newsletters button near the top of the page tfnn.com educating investors Since 1984 basil Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion While originally hand drawing charts from the late 1970s into the 1980s basil noticed that prices under most Circumstances virtually always had a certain number of legs to the upside before declining sharply Later basil found that computer software which included the standard market technical indicators enhanced the degree of accuracy and calling price turns as well as market trend calls Thus was born the Chapman wave sequence Using the Chapman wave methodology along with other indicators basil Chapman advises his subscribers of his expert market opinion Each market day with his opening call newsletter Right now you can get a two week free trial to the opening call basil's daily trading newsletter by visiting the front page of Tfnn.com cancel at any time during that trial and pay absolutely nothing Get your two week free trial to basil's newsletter the opening call 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 Folks someone was able to get through on the lines allen from las vegas is there allen. How you doing, buddy? You're gonna tell us about I could try the um Not the beyond me, but they're competitive or impossible We're king's got what they call the impossible whopper and you can't tell the difference. It's it's delicious You actually can't tell the difference between a whopper original and a whopper vegan Nope, you can't tell you can't tell by taste by sight There's no way in the world. This stuff is here to stay so I'll be the first to tell you Well, I'll tell you to a guy that eats meat three times a day It's going to be interesting but uh, it can't be good for you with all those chemicals and stuff. Can't it? I mean, you know Yeah, that that's the only issue you get a you can be a little wait and see how that goes But you want to go over there? It's like it's a six dollar burger, but it's give it a try sound like a commercial but No, that's okay. Is it uh, is it that what they usually run the vegan burgers run about six bucks? That's what it was Okay, well That's close enough. I guess so hey, that's good. Hey, listen when you see bob tell him I said hello, would you? Okay, okay. Thanks a lot for calling in alan. I really appreciate it. I've known alan for Many many years and when I get to vegas I always try to uh to visit with him So we'll keep an eye on these uh these things. I know this stuff sells for like 200 bucks a share Doesn't alan? I mean, that's a pretty high price for a Yeah, yeah, but I could see I could see the potential in it Okay, that's very good. All right. Hey listen, thanks for calling in. I really appreciate it alan and uh have a good weekend You bet, okay Okay, by the way folks, we did make a top in crude oil up there at that 58 50 level That was a 61 retrace, but we're now trading $2,000 below that level You know, we've sent a video out on that last friday It occurred on monday and uh it's actually doing it's actually had its first $2 break So we're at the first level of support now in this so we need to uh, you know pay close attention to it