 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at 727-873-7618. Now Larry Pezzavento. Okay, looking good Billy Ray feeling good Lewis. Well this time tomorrow folks we're going to be only have one hour left to go into trading believe it or not and boy it's been one of those days. I post a chart here hourly chart here of the Dow Jones Industrial Average showing you that number up there. You look at that little number in the red box folks. You see that's the ABCD number. That number is 35801 and you want to guess what the high was in the Dow Jones. 35802 and we had sell orders in there but we were doing the S&P at 30 excuse me at 40. That's right again Larry. 4621 and that's been a pretty good run too. We've got made some profits in it already but those are the kind of things that we're going to be looking at. Since we've got a very the turnouts are all are small here because we've had quite a few of these. This will be the fifth one which will probably be my last one folks. It's time for the old cowboy to take his toys and just do his trading. That's what I'll probably be doing now. Maybe I'll maybe do another one late in the year but I frankly doubt it even though I enjoy doing it. It's five hours of really intense work. Let's rephrase that. It's not work at all. It's a lot of fun but the feedback is what we really like to see and that's what we want to be looking at. Let's take a look here at something else that we want to be paying attention to for tomorrow. Now there has to be some new stuff in here folks and I do have some new things. One of them that we talk about when these markets are moving really fast you've got to find a way to try to get in it. I'm just going to show you something that John Hill told me many years ago. They're called dynamite triangles. I'm going to be going over those with you tomorrow just to show you what it looks like. Just get up here and you'll be able to see it. Basically what you're looking for is a market that starts down and pauses for a little bit and then starts to move in the direction that you think it's going, which is down. By the way folks, we've had two major, major failures today. One in treasury bonds. They've broken down through all support and also the gold market folks. Yesterday we hit a perfect ABCD up there at 2010 and believe it or not it started down and it's already dropped well over $31 from Baha'i. That means that we're probably heading down to that, well, much lower prices. Spot gold is roughly around 1850. But let's take a look at what really happened to the gold market today. This is the kind of thing that we'll be watching for tomorrow because that's what we're going to be doing. We're going to be showing you how these things work. Let's hear the first one we're going to look at was today's action in the gold market. So we'll get this up here, push this up here and we'll be able to see it and there it is right there. Well, it was right there but I guess it disappeared. Maybe not, I don't know. Yep, it did disappear so give me one other second here and I'll get this up here and we'll take a quick look at it. I wanted to show it to you because there's two things that are necessary to see this thing work. The fact that the markets repeat over and over again and we'll move this over. Let's try it one more time. If this doesn't work, we'll toss it in the bin and not worry about it. Aha, this is it. This was the first 3-8-2. This came in, up you can see here, up here at the 1992 level, it broke down well over $1,200 on that move. But the important part is that after the market was moving around today, you can see the double, seeing the market repeat over and over again, just a second Larry. This is it here. There we go, you're going to see the first one and the second one and now below, but we're below 17, excuse me, 1979 right now so let's get, that's not the year folks, that's the price of December gold. Get this up here and show you here, there's where we are. Okay, there was your first 3-8-2 retracement early this morning. Okay, you see the second one right here after the report? Look at that. There's the first one right here. There's the second one right here and the market is already below this level right here. So those are the ones we're going to be trying to look at tomorrow to make money for these things, you know what I mean? You're there to make money. We're going to do some teaching. We've got a lot of things to cover. I've got three PowerPoint presentations. The 3-8-2 pattern, PowerPoint of course on the 1-3-5, the Four Traders Handbook and a whole bunch of other things that I think you'll be really pleased to have some fun and we're going to make some money and have a lot of fun. I do enjoy it quite a bit. We go non-stop folks. We don't stop when we're doing this. We just get it done and it goes quickly like a heartbeat actually. I want to take just a second here to talk to you about the stock that is moving the Dow Jones Industrial Average today. And that stock is Caterpillar. I want to get this up here because this is actually holding the market up more than you might think because of the fact that we've got this big move occurring here in Caterpillar. It's up about 7%. It's still hovering right near the highs of the day. This is keeping the Dow Jones Industrial Average E-mini up higher down a little bit or unchanged roughly, but that's the whole thing right there. You might think that's important, but let me show you the value of why this is important when you're doing these indexes. We have to talk about that tomorrow because there's a big difference between the NASDAQ, the S&P, the Russell, and the Dow Jones. We need to tell the folks which one you want to trade this opening gap here, folks. You see right before the market opened, the earnings came out. Now, if you belong to the program tomorrow, you'll get this news the day before it happens. Every time the news comes out and has something like that, you're going to get that information directly from me. And if you believe that, you still have two shares of the Brooklyn Bridge open for you for sale. There's only two left. By the way, there's only a few spots left in the show for tomorrow. I hope you can make it and we'll have a lot of fun. That's what I wanted to talk to you about because if you're watching what's happening with Caterpillar, it gives you a really strong indication what's happening with the Dow Jones E-mini. The reason why it's a $280 stock means that it's heavily price-weighted, not cap-weighted, price-weighted. Some of the Dow stocks are down sharply. That has pulled them up and it's kept the Dow being up on the day when everything else is not quite doing that. So the main thing to remember folks is that these patterns repeat on all kinds of things. Stocks and everything else but that's what we're going to be what we're going to be watching. But we will be talking about the dynamite triangles. We'll spend a lot of time looking for patterns and in between that time we're going to be doing some teaching and we're going to go over ABCD and see how it works, how it works and some of the things that you already know that are in the books. You'll get all the books that you need. You'll get the trade what you see book, this Trading Essentials book and those of you that don't have the Gartley book that's a $200 book. I have that on PDF file and I'll be happy to give you that book but the real book even though it's 600 in some pages the best part of that book is from pages 200 to 250. That's what we'll be looking at. So we're going to take a break here. 877-927-6648 Attention Traders Larry Pesevento the renowned trading mastermind is holding an exclusive live trading event on Wednesday, August 2nd. From 9am to 2pm Eastern Time transform your trading skills with the real time wisdom of a Wall Street veteran. Just $295 a receipt to this power packed session plus a month free of Larry's sought after newsletter Fibonacci 24-7 a $97 value. Elevate your strategies decode the markets and achieve your financial goals. Remember this event will be archived for all attendees and Larry only does a few of these a year. Don't miss this opportunity. Sign up today at tfnn.com Secure your future and start trading smart. TFNN Educating investors Currencies, commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the Forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, forex, stocks and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs including the Dollar Index, the Euro Dollar, Pound Dollar, Dollar Swiss, Dollar Yen as well as many more and he also has weekly coverage of the crude oil market and the 30 year T-bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report you also gain instant access to Teddy's 60 minute Webinar Archive he just hosted forex strategies and fundamentals what is behind the Tiger Forex report. For all the details and to start your 30 day Tiger Forex report subscription today visit the front page of TFNN.com TFNN Educating Investors Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019 finishing it number two for the year. This is a very exciting accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award winning newsletter Mastering Probability is delivered every trading day with updates throughout the afternoon. Sign up for Steve's market newsletter Mastering Probability and you'll receive access to TFNN. All our newsletters come with a 30 day money back guarantee so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk free today. TFNN Educating Investors That's 3 cents up 3 cents down 3 cents up 68% 61% retracement and another 3% up sitting right at the fib number on the long term weekly charts but to see a big move like that that's the kind of thing we want to be looking at tomorrow. We'll be looking at 15 and 30 minute charts. What I've done is I want to show you what it's going to be like tomorrow because it's quite fun for me to do this so I think it should be okay. Let's get this up here. What I've done is I've prepared a special chart package here for what I'm going to be looking at. These are the ones. What is this happening here? Just a second here. This is important, folks. It's my car guy. Yes, chief. Okay, I have it open for you. Thanks, Carlos. Bye-bye. Today's the day our little sweetie gets detailed today. Sorry about it, folks. Let me get this chart up here and show you what we're looking at right here. Hopefully this will show up the first time. God willing. We're going to be looking at eight things tomorrow, folks. These are the eight things. We're going to be looking at soybeans, gold, treasury bonds, crude oil, S&P, Dow Jonesy, mini, natural gas. I can't think of the last one here. Soybeans, too. I think there's eight of them here that we'll be looking. We might switch around, too, because there's going to be some really smart people attending this that will tell us, hey, take a look at this pattern, which will make my job easier, because what we're trying to do is to find four or five really good patterns on the day that gives us a chance to see the thing work. That's what it's all about. It does work. It's worked pretty good the other few times, but there's always that situation where you can do everything wrong, and I have those days, believe it or not. You shake it off. You go to the next one and not worry about what you're going to happen. Let's get back to the failures that we're having today, folks. We have major failures breaking down in some of these things. It really is. We're going to do the big one first, which is the treasury bonds. I think that's what we're going to be doing first. That's what we're going to be doing. Get this up here. Alrighty. I'm not going to believe this when I put this chart up here. Just a second here. We'll get this up here. This is the treasury bond market, folks. We were friendly to this yesterday. Had a nice profit in it. Continued on today. Ended up breaking even on this, and then that's why we're... Come on. I wish I knew what was wrong with this darn thing, because when I put the chart up, it's all ready to go, and when I put it into Discord, it is Discord. I don't know why they ever named that thing Discord, because that's not a very good name for a company. Shoot. Forget it. It's impossible for me to get the darn thing up here. Let me try one other one here. That's the same thing. Let me get this up here. Maybe this one will work a little better. That's why doing this live makes it a lot better, because I can show you live what's happening, because this isn't live. Okay, what happened, folks? We had this rally here, so we bought this rally, and we got up to here, and now it's broken down below all this support, folks. This is below the 78% level. Okay? Well, this chart isn't live, because I've already printed it out. I know I'm live here, Al, but we're trading at 122 and change, folks. That's when those dynamite triangles that I pointed out to you earlier, when the market's moving strongly in one direction, that's one thing that you've got to try to do. That's where Tom Hougard, that's his ballgame, folks. When the markets are moving strong in one direction, Tommy Terrific is there. He's playing. So that's what you want to... You can't be like him. He's a one in a million. I mean, I mean one in a million. Well, one in 60,000, whatever it is. I've only met a couple of people like that in my whole life. Frank Towsher was one, Jay Cross was one, Tom Hougard. Amos Hostetter wasn't that way. He built large positions and kept them for weeks and weeks and weeks, and that was totally different. But when you're trading live, like floor traders do to the bond pit, S&P pit and stuff, those guys are very aggressive. When they see blood in the water, stand aside because they're coming for you and you don't want to have that happen to stand in front of you. That's not a good thing to have happen. They're broken down badly, but the one even more importantly from my perspective is because I'm really friendly to the gold market, had a great day in it yesterday, pretty good day in it today, but by golly, this thing has just given up the ghost really badly. Let's see if we can get this up here. Oops, it's on the other... It's on my other... Yep, it's under the future section. Hold on one second, because this is really, really important in this today. By the way, those of you that bought that Gartley in coffee a few weeks ago, that thing is smoking. So Starbucks is on the way again. I can't find the chart on that. Let me see if I've got it over here. This is not good, folks. When I can't find these charts like this, it really bothers me considerably and I think it's... There it is right here. Okay. Now you're going to get up here and you're going to see where we are one second here. We broke down below this major, major low here that we had there. This was the old August contract. Ah. Ah. Not happy. Wish I could get these charts. I'm going to find out why this is happening, folks. It shouldn't happen because sometimes it works and sometimes it doesn't. I'm doing it softly not trying to rush or anything. There it is right now. You see we had this really nice move here. We rallied all the way up here to the 50% retracement of this whole move that was yesterday at 2010. We're now $30 under it and you'll see that that's what's happening. Yes, I will get Jacob to help me to do that. Those are the two that in my perspective have failed, but all this is doing now on a longer-term basis we're just getting ready for another really good buying opportunity down here a little bit lower here. Probably got another $30 or $40 lower because we're making ABCDs. This might be one of the trades for tomorrow, but when we look at that that's what we'll do. In the morning what I do, I'm up at 4 in the morning between 4 and 6 what I'm going to be doing is preparing the charts today. I'm not worried about the teaching part because once we put a trade on I don't look at that. I move over and I give it to the old trading gods do their thing and that's what I do. I'm letting them do whatever they want to do and I'll do what I want to do and then I'll do the teaching in between the time that we put the profit on or take the loss and then move on. We usually have between 3 and 5 nice trades set up during the day. Occasionally there's a few more but I really like to get people involved in what I really do see because when I do this in today this is what I do each day folks. I'm looking at 15, 30, 1 hour charts and an hourly charts of course. Anytime I see a major ABCD that gives me some type of an indication yes this might work then I'm going to take it because I know the odds are in my favor and I mean in the favor to the tune of about 60% and you don't get 60% odds in Las Vegas that's for sure no question about that one. That's a really important one. Alright we're going to take a little break here. 877-927-6648 The Gold Report As a precious metal gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market, the US futures market and the Shanghai Gold Exchange. The Gold Report Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU, HUI, GDX, The Dollar, Bonds, the South African RAND as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report New subscribers get a 30 day money back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com A day trader Larry Pesavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts videos and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First time subscribers also get a 30 day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com Educating Investors 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 taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds Tiger TV has 8 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 Welcome to the San Diego area. Are you doing buddy? I'm great. Happy birthday. Yeah belatedly but yeah it was Friday hard to believe. I've had so many. Everybody to know it was your birthday. They knew. Basically I don't know if you know this but I started giving my birthdays away about 12 to 13 years ago to people that wanted to start drinking a year ahead of time. So it's worked out okay for me. Hey listen pal. I've never heard that one Larry. Yeah well I just made it up. Hey Jim you're talking about this bond market. Man it's just it's failing big time today. We're down to 123. Can you guys see him? You're in charge buddy. Fire away. You're the leader of the pack. I sent this over to you. I think Thursday or Friday. Boy here we go again KBW Banking Index. It's perfect. ABCD in price and time. You know the other thing I looked at Larry too was the rallies you know back in the October November and into early 2023 from a time perspective. They were exactly the same. Look at that. It's incredible right. The only difference obviously of the whole correction is that the pullback in between the two legs the AB and the CD legs was a little bit longer but other than that I mean banks lead us down banks lead us up. They've hit some perfect self-pattern so I'm watching that. I you know this is the inverse VIX and I think I sent this over to you yesterday and obviously Larry hit it falling out of my skin until yesterday afternoon and I just pulled it up and all of a sudden I'm like well look at that. Here's another beautiful ABCD we got two extensions so boy that's a great little self-pattern in it. Which means what? Which means VIX up banks completed the self-pattern self-pattern banks down, market down like what's happening it's like okay so I think we're at a really important point the other thing I just wanted to show everybody was this is that same SVXY but I just did log scale and we've done it before Larry there's a perfect ABCD in percentage terms log scale on a monthly for SVXY so I mean look at this little self-pattern I'm watching this one like a hawk because we might have either a big pullback or a resumption of coming down again. And then this one really I think is probably one of the more important ones out there Larry we had talked about this one dollar index right but why is it important well if you look at those blue measured moves right that has been the average correction gosh for almost 14-15 years. I want to ask you a question Bart two months ago but a little about 10 weeks ago you were on here with the KRE at 382% the banking index getting ready to take a flying well into the downside. Do you still have that is that chart still posted in there that you can see where you came up because you were right on the week that it happened. Yeah you know Larry I don't know if I have it now I can send it back to you but I put the KBW the KRE cell pattern the banking index right KBW, XLF and KRE all have perfectly hit ABCD Gartney cell patterns Wow. So I can send that one over to you I don't have it right now but I just was like hey here's the whole banking index KBW it's here so we'll see and then the dollar index not only did we have the measured move but I'll go back you can see I did that we actually had a butterfly buy I didn't think it was a three drives to a bottom just because that middle drive didn't take out good and low so we had a butterfly buy at a measured move with multiple ratios holy smokes I thought personally that this was a very important level but just the form and balance proportion looked like it wanted to go a little lower but man we could have a massive dollar move going forward which then takes me to the last time I was on I'm long the yen versus the dollar and I thought that that 144-145 handle that was it boy it sure looks strong doesn't it you know we're both not front balance but we kind of have a clue Bank of Japan is up to some squirrely stuff lately with their bond programs this is one of the currencies we really got to watch this is really important and my real level was that 147 and that was a 1.618AB equal CD right on the 786 from what I think is a pretty big top up at 151 so look at those candles I think we're going to blow through there and maybe get up to 147 so we'll see but I'm going to have to try it again and I'll probably stop myself out of the YCL I went long YCL because I missed it in the currency market so this is a huge deal and then boy this bond market Larry here's what I'm looking at I did this last night we still got a little bit of ways to go I really think that let's just call it 100 handle on the long bonds is a huge deal right and I mean you count them up I probably have about 10 ratios there why is this important I think you know like I tell people all eight waves it's like my golf game if I come back immediately and say five I got a five but if I turn around and start pointing I don't know what I'm doing so if I go one or two sub waves low it's I don't know what I'm talking about right this looks like a pretty easy count quite frankly and what's that saying we've started another wave down and bonds which means rates are going up and as you can see I've got some targets in around that hundred area which I'll clean up but I just looked at TBT and TLT and they've broken out of those support and resistance zones that they've had all of 2023 so I think it's pretty safe to say that up at about 132 on the long bond that was end of a correction and we got a whole another wave going down and up for bonds so I agree with you it's not looking pretty at all so anyway that's what I'm looking at I think I had one more in there this is this is really really good stuff I think I love being on the show with you well we love having you especially when they work they don't work you won't be on the show anymore so you don't have to worry about that if that's the case this show would be this show would be silent every day if that's right the one but yeah so go ahead a couple weeks ago when you did that thing with the KRE the 382 you oh dear just a second ah Bart you're not going to believe this but I have to answer this door otherwise I'm in big trouble so hold on just one second I know exactly who it is answer it yes it is exactly him hold on yeah don't look for the KRE while you're gone right for folks as those of you know every week a gentleman comes to do my car and I forgot he's been raining so much it's the first day we haven't had any rain Bart the question that I have for you you follow gold quite quite well because I've looked at your work does this gold look like we're going to have some support down here about another $20 lower I'm looking to buy it yeah I think this whole gold move is a correction and we need to be looking to buy a little bit lower I wasn't ready to go with the 382 I just again Larry you taught me right you just kind of go with your everything you can do to risk and you like this or not and so I guess I'm being the subjective computer here I'm going you know I think it's got a little bit lower to go so I'm waiting but I do think we need to get long gold for sure yeah I really like I'll go ahead and post something I'll take a look at it I just mone it off I got a couple of alerts set but yeah I've been really busy Larry too I want to thank you I'm putting together hey no we got to really cover this take a break here and then what we're going to do is we're going to talk about Bart's gift to our humanity okay we'll be right back 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 reviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at tfnn.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave up-down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman in your inbox every day first-time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors are you ready to take your trading to the next level introducing Tom O'Brien's award-winning newsletter market insights your key to successful active trading Tom O'Brien renowned for his expertise in the financial markets has designed market insights to be your daily guide for profitable trades Tom publishes his daily market insights newsletter every market day before the market open along with updates when warranted stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox whether you're a seasoned trader or just starting out market insights provides the edge you need to navigate the markets with confidence ready to join the ranks of successful traders head over to tfnn.com and subscribe to market insights today don't miss out on this opportunity to supercharge your trading results market insights comes with a 30 day money back guarantee for all new subscribers so you have nothing to risk don't miss out on this opportunity to revolutionize your trading game head over to tfnn.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter market insights firsthand tfnn educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade lab you or bd directions daily s and p biotech three times bull and bear ETFs visit direction investments dot com slash biotech today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at 866 476 7523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principle the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four side fund services LLC this program is brought to you by Vista gold traded on the NYSE American and TSX under the symbol VGZ I'm back hey Larry I know I've asked you this before but I have to tell the guys TFNN I love that intro music you play that's so good Mozart that's Mozart's wedding theme from trading places his fifth symphony or something like that it's good yeah well I didn't write it Mozart wrote it when he was five but I don't know about that Mark Mark tell them what you're going to do with your charts and stuff that he's 20 years I hit Larry up I'm going to ask Larry to write an intro but I'll be happy to do it I was meditating actually thank you Larry and it just came to me so I don't know if people know but you know I was a veteran and I started a nonprofit for vets called the sub vets.org and twice a year we take about 10 to 15 veterans mostly you know combat operators down to Mexico for a week of camaraderie quite frankly a lot of a lot of cleansing a lot of healing and it's all around the modality of the ocean and searching and it's a great time check out the website you see the pictures it's fantastic and so it just came to me and I've been asked a bunch I've been getting emails about training people and I've kind of like not wanted to do it quite frankly because I have some of my own goals but it just came to me and it was like hey why don't you put together kind of like greatest hits for the lack of a better word I still got to figure out what I'm going to name it and just show people the power of what you taught me and multiple other people and how I kind of go about it and you know it's funny as I'm going through this I remember I trained with Joe Denapoli I don't know if you knew that way back I've known Joe 45 years Joe earned me on to you actually Larry it's funny how all of us bison stated together right but he said are you going to become a boat builder are you going to be the sailor and a lot of people who get into this business there's not many who are both right some can do both it's like Tiger Woods Tiger Woods is not a golf coach he's the golfer right and so as I was going through everything and over the past year so I'm starting to get a little scary from the perspective of I'm becoming a sailor and I built the boat and then Mark Douglas remember Mark you put me in touch with Mark on his fifth rule right it was define your edge and trust it and so I trust this edge and so I'm putting together these charts I swear it's not going to be this long but I have like 300 I wanted to do 314 but they're just all the patterns over time with the geometry and it's supposed to be a picture book I give credit to everyone I tell everyone to go to you and get your book right because I just took it all together and one of the greatest things two things you told me one was I said Larry how much do you have what's a good month and you said one cent and I laughed and you said you're going to get your ass handed to you and you were correct so I learned from that and then the second thing was hey you might have discovered the patterns and published them and everything like that they're not going to work for you until you make them your own absolutely absolutely you got to do the work yourself it's only taken me over a decade hey it's taking me it's taking me 59 years and I'm hoping this will be the year so anyway the reason I'm doing this book is the proceeds are going to fund a retreat so I figured hey here's natural law this has been a spiritual adventure for me Larry you can't not really see the world as it is if you go into these ratios that's the bottom line and so thank you for that and so I'm like hey here they are here's a picture book a lot of people have written a lot about why it works but here's it here's real time and you know that too I don't do them like coulda woulda shoulda I take 95% of the charts are as they are happening and I just want this show you project, you extend, you retrace that's it and then you let it rip or not and so I figured these charts are pretty powerful it kind of surprised me but I'm transitioning to be a sailor now, not a boat builder and so if people buy this I'm going to fund a retreat for veterans through these charts so that's my goal and thanks for help well anything you need recommendation I'll be happy to do it for us and we'll have you on a guest pretty soon another couple weeks but we'll sell some books for you to get these things helping sailors and stuff you can be a great sailor no you didn't land in the water one time that's a good thing as a pilot right that's right exactly life is good hey listen take it easy and I'll talk to you soon Bart Leone folks at Bart's charts we'll keep you updated when this thing comes closer to fruition and we'll see how things are going to work out here and see how these things work I'll tell you folks that what really surprises me well it's the one market that just keeps keeps trucking along looks like we're within a just a few ticks of making another higher high we had that big move in heating oil today the big ABCD move and of course heating oil was playing catch up with it and of course so was the gasoline this was taught to us by you know who on Tuesday and that was Mr. Mike Moore more analytics was kind enough to shed this thing's going higher and that's what we have to pay attention to because he's got some great work here and we want to be looking at that whenever he comes as our guest next week excuse me on Thursday the day after after we do the trading day on the second we're going to have Mr. Stan Harley as our guest and I'm hopefully having Mr. Peter Elides on Friday it's a coin toss because he's on vacation whether he gets back or not during that time we will find out whether we can have Peter as our guest but he will be coming on soon and sometime before the end of the summer I'm trying to get Larry Williams to come up but I chat with Larry quite a bit but his time is pretty valuable because not only does he love to trades he loves to fish he loves to hunt and he loves to travel so all those things make it pretty good I wanted to bring this chart up here from the Bart Jim Bartolioni to show you where we've been with this long bond and where we could possibly go with it he's already shown it to you but I want to show it to you again because this is when they were trying to tell us about negative interest rates you know hello shucks not again same problem I have to have Mr. Jacob help me figure out how to do these things and mark it up and hold on one second we'll get it up here and finally there it is this is the long-term picture folks the way back in here is when I was a Drexel you know when the bonds were trading at 56 you can see where we are back in here now and I don't know if we're going to get down to that level this where he's marked it off here is parity that means if you buy the bond for a hundred bucks you get five percent right now you know it's five percent bond and you have to pay a premium because it's at you know one one twenty eight or something like that or I don't know how the damn thing works but that's pretty much what you want to be watching to also the fact that we've been up so many days in the Dow Jones fifteen out of sixteen there is nobody on Bloomberg or anybody everybody knows it's a big bull market and any correction should be bought that's pretty much verified by everybody so when it's verified by everybody it's verified by nobody so all I do is I trade the smaller term patterns and I try to make a little money every day sometime a little more than a little sometime it's even minus but we're going to have some fun tomorrow for sure we got to pay a few bills here we got another break coming up and then we got our final break we'll be right back if you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter you should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals sign up for rocket equities and options report today with a 30-day money-back guarantee so you have nothing to risk for all the details and to start your subscription today visit the front page of TFNN.com TFNN Educating Investors 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 that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman Wave the Chapman Wave up-down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman and your inbox every day first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up TFNN.com Educating Investors everything in the universe is governed by the Fibonacci sequence this 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variety of professional traders during market hours The Tiger's Den available to all Tigers and Tigresses for just $1 for the year there's no catch or added costs when you join our community of traders sign up today and become a part of this educational community of traders just visit the front page of TFNN.com 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 okay folks I wanted to make an alert here about the gold the gold market still has a chance to be bullish the bonds big trouble I mean they could rally at any time of course because it's so oversold but my goodness folks this is really serious what's going on in this bond market we've taken out those lows from the last low and boy that ABCD down there like Bart was showing right about par that's a big move so you want to pay very very close attention to that because remember when these bonds start down and there's nobody to buy them they're going to fall like a safe and you've got to figure out a place to get in it the best way to do that is by using a dynamite triangle and that'll be the thing that would really get you moving the other one is there will be a high somewhere in this crude oil market somewhere between here and $150 I guess I might jokingly of course well it might make $150 I don't know but somewhere between $182 where we are now and about $185 we should run into some pretty strong resistance but this one I've certainly got this one wrong and it's gone a lot higher than I thought it was going to go but I gave up the ghost on it several days ago with a small loss and I'm just waiting to see another pattern evolve and I haven't had that happen as of yet there's no clear ABCD staring me in the face here in the crude oil like there was in some of these other markets and you want to find the ones that work and the ones that don't work you get out of the way and that's really what it's all about you got one more day to sign up for the class tomorrow folks it's going to be a lot of fun nine hours let's try it again five hours between nine and two and we're going to do a lot of teaching and we're going to do some trading and a lot of materials for you if you want to increase your probability is winning and also hopefully get the thing paid for 295 dollars we've always made that and can't make any guarantees they won't let us do that but we should be okay we'd have a heck of a day today that's for sure because we had some really nice moves especially in the gold and the treasury bonds 877-927-6648 we'll see you on the flip side on Thursday folks and may god bless