 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 folks, I posted a chart here of a supposed ET that was presented to the Mexican Congress this past week on Monday. And there were two of them there. I guess it was a husband and wife, I'm not sure. They were 1800 years old. They had DNA along with it and everything like that. You won't find anything in the media about it except if you go on the internet and there's quite a bit about that. I bring this to your attention for one particular reason. He was a very premier archeologist here in the United States of America. He has several PhDs in archeology, okay? And he was one of the people that they asked to look at it and he said, well, he said it may be and it may not be. He said, but the problem that I have is it just doesn't look human enough. And I said to myself, this has answered a question that I've been trying to answer since 1985. I now know who is dating my ex-wife. I mean, this thing just doesn't look human enough for me either. Let me tell you, are you kidding me? Give me a break. I don't know. My grandson, he's 23 years old now. I saved for 20 years to get that kid through college and he had enough to go wherever he wanted. He got a scholarship and he got a scholarship at Stanford. He went the first year. At the end of the first year, he came back in, when it was in June, when he got out of school, and he called me up and he said, how angry will you be with me if I don't go back to college? I said, I'm not going to be angry with you at all. He said, I'll send you back all the gold coins. I said, I don't want that. I said, I want you to be happy. He said, I'm going to be happy. So he is happy, but he didn't go back to college. And I asked him why. He said, these guys that are teaching me this stuff are full of baloney. He said, I'm not stupid, but to try the stuff they're putting across on me, he said, that doesn't make any sense. I'm not saying he can stand for anything. But when you hear comments like this, I don't know. Frankly, when I saw this, I thought it would be on every single paper in the world, almost like the fall of the Berlin Wall, back in 89. Okay? Uh-oh, something went wrong here. What happened here? I must be in big trouble. Oh, we've got a caller calling in from Wyoming. Larry, how are you? Well, I'm doing fine. I tried to get in before E.T. arrived. You know what I'm saying? Yeah. How are you doing? I'm doing, living the dream. Yeah. Well, Larry, I wrote you a note because my question is so, I don't understand futures enough how they count or how they list them. I follow your euro slash USD. It's exact numbers. But when I go to, I didn't want to place a trade because it said spot. When I looked at the data behind it with the numbers, it wasn't anything I've ever seen. So I searched around and came up with slash 60, you know, 23. And that looked more like a normal future with different calendar dates. That's the one you want. I don't know which to do or what would have happened if I would have entered some buy on euro slash USD. That's the best that you did. But let me explain to you, the futures started trading forex in 1982, pretty much the same time that we started trading the S&P. But the futures for the foreign exchange was much, much more popular than the S&P. The futures is an actual contract between two people for delivery within a certain date. There's four months. You've got March, June, September, March, June, September and December. Three months apart and they go by expiration. But it's a valid contract between two people. If you're doing a forex contract, it's between you and the bank. You know, and one of the parties may not, you know, it's not a binding contract. It's just a buy or sell. You see the difference? But the prices of the futures are going to be very, very close to the price of what you're trying to trade, with the exception of the carrying charges that are involved. I hope that helps explain that, Larry. You might go to the foreign exchange part of the CME and they have a video describing this. You know, a training video? My question was we were correct. We were going to trade euro slash USD from the bank. Is that what you're saying? That's what I do, yes. It went within 10 pips of the exact number we were looking at, if you remember. And now it's rallied about $600 or $700. Whether this is a major bottom or not, I'm not sure, but at least it started in the right direction. One quick question, Larry. I'd have been okay if I chose to trade slash 6E, the regular looking futures. Absolutely. You would have been easily safe and commissions the same. And it's actually safer to trade the futures than the forex because it's an actual contract. Whereas the forex is acting as a bank like you wanted to buy a stock and they don't deliver it. It's the same type of thing. Wow. Okay. I didn't know any of those. Okay. I'm glad I called. I thank you so much. Thank you. I appreciate it. You know, Larry, believe it or not, I have seen a UFO. It was in 1977, 20 men and I had been coming back from Vegas. He liked to play blackjack in the tournaments over there. So we played on the tournament on Thursday. We got back for Friday morning. It was about two in the morning on our way back and we were in Barstow, California. And we looked out and 20 men says, what's that? And I looked over there and I saw this big black cigar shaped object elliptical and it had red and green lights going around it. And it was about a football field away and it was huge. It was bigger than a bigger than a big airplane. And we just watched it for a minute. And then all of a sudden it just shot up into the sky. No noise, no air, no nothing just shot up into the sky. And he looked at me and he said, we better go. And we went to the Baker, excuse me, the Barstow, California State Police to tell them what we had seen. He says, get out of here. He said, they're here all the time is what he told us. Anyway, that's it. That's my story. And I'm sticking to it. We're going to take a break here in just a few minutes. Our guest at the break is going to be Jim Bartolioni of Barst charts. But we got some charts that I want to go through with you because of things that we did yesterday while we were on the program here. So, oh, now what I've got to do here. Oh, got trouble in River City. Now we're in my charts for the old. Oh, no, no, no, no, no. Here we go. Here we go. Let me see. I'll let me know if my, if my charts are showing, please, if you tell me. Good, good, good, good. I'm just going to come back here. Take a quick look at them. All right. Let's start out here with the bonds. Well, let's do that. Let's do the E-mini first. There's the big ABCD we were looking at last night, 4559. You see, we've given up everything in the last three days in just a matter of 13th, 14th, 15th. We've given it all up. You see here, and folks, this is a start of, this is a BC, this is BC leg. Your CD leg is way down here. It's going to challenge that 4435. It won't be doing it today, I don't think, but if it does, look out. That's going to be a pretty nasty one. In fact, I'll show you what that means here. If you're looking at this ABCD, you know, your 1.618 on this comes out here at 4412. That will destroy the old 618 retracement at 4435 and send us going down a lot more. So the fact that it gives it up this much, this fast is not good. 877-927-6648. 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 at number two for the year, an amazing 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 seven of Steve's educational webinars absolutely free. At 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 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 financial markets, has designed Market Insights to be your daily guide to 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 TFNN has just launched their new trading room, the Tiger's Den, hosted at Discord. TFNN has been educating traders for more than 20 years, with live programming hosted by a variety of professional traders during market hours. And now they are expanding their reach with 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. In the Tiger's Den, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs. And join an interactive trading community with hundreds of members exchanging ideas, interact with other Tigers and Tigresses as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tiger's Den at Discord is accessible on mobile or tablets as well, so it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. Toll free at 1-877-927-6648 internationally at 727-873-7618. Folks on the side comment, when I joke about my ex-wife, I was still friends with her and I mean she's not the wicked witch of the West or anything like that. We got along pretty good for the first 25 years and then in 1984 she was born a Christian and she had this thing that happened to her that, I don't know what it was called, well I can't remember what it was called, but my daughters came running down to my office and said you've got to run, something's wrong with mother, the door was locked and she was going through convulsions and just in some type of, just like fury or something like that, it was terrible. She went through some type of a transformation and I don't know what they call it, that Christians have a word for it, but anyway that's what she went through, she was never the same after that. She just literally would do nothing, well she still worked but she prayed most of the time and I don't want to go into the whole thing, but that's what happened and anyway, a few years later of course, she realized that I was the instrument of the devil and decided we should probably get divorced and I said why did it take you 35 years to find out I was the instrument of the devil, you should have figured that out in the first couple of days. Anyway, let's move on to what we're looking at. I've got the chart here of the year old that we talked about yesterday. We had our friend from Pedro from Park City and you'll notice the big A-B-C-D pattern that we have here. You see the A-B leg was 11 days down, the C-D legs was 11 days down, it measured to this level right here, you can see this little red dot that we had marked, that was within 10 pips of the exact bottom and of course Pedro was going to buy it there, which seemed to be the right thing to do. It's now rallied about $800 so far, whether this is a big move or not, have no clue, but you know what folks, nobody else does either. That's the main thing. That was one of the things that we were watching yesterday when we were following some of these charts here. I wanted to just get off the beaten track a little bit because we got beaten up in crude oil yesterday and we took a loss of $800, but I just wanted to show you, oh no, I've lost it. Shut the front door and raise the rent. That takes care of that. Hold on, let me get back up here to get the charts back up so I can see it. I might be able to pull it up here, but it's been so doggone active that I'm not sure that I'm able to, but let's get this crude oil up here because this is what I'm watching right now. Here is the crude oil, but I want to show you last night what happened. I'm going to get into a little bit larger. Here was the big top right here. Now remember, I always say, always look for the first 382 retracement. Now, I happen to be up at this time. This happened to be right around one o'clock in the morning and from the high to your low, you see it went exactly to the 382 right there. Now, let's say you missed that one. Then it came and this one's even better because this one has an ABCD. So we're going to clear that out and we're going to draw the ABCD in so you'll be able to see it. There's your AB leg right here. There's your CD leg right there. A little tiny bit above the 382. You see it's about 10 pips, but look at this, folks. It drops from 9068 all the way down to here, 8920. Folks, that's $1,500. Now, why did it stop right there? I asked myself that this morning and all I had to do was just go to an hourly chart and look where it stopped, folks. If you have no belief in 382, this should make you a believer because look where it stopped to the exact tick, 8924. The exact 382. And if you go from your last low to this one right here, there's your 61 came in at 39 and the 8939 and the 382 came in 8824. And look, we went up and we touched the old high after that. Just truly amazing the volatility that we're seeing here in the crude oil today. Okay, that's another one that we're looking at. And of course the dollar index is moving around quite a bit. The one that's, look at this S&P. This one doesn't have any friends, folks. We're going to be looking at a big, big, big move down coming on the Monday or Tuesday, folks. Look at this. This thing's already breaking. We've given up. We're going to be, look at this, folks. We are going to be taking out these lows today. Look at that. This is not a good sign. Shut the front door and raise the rent. This is very, very negative. I've been saying all along, see, there's where we were. Here's where we were before. And remember, back here, where is that? Oh, they switched over from the contract. See, this one, this is the one that's really important. Okay, this is, it's a 40-40. That is equivalent to the 61% retracement of this move right here. Remember that? We knew that bottom was in when that came in. There, there was the bottom right here. And we're just about ready to take that out. And you know where we're going? There it is, 44-10. Do you think that's very far? That's almost as far as it is so far today, folks. This is where we're going to be trading sometime here on Monday, 44-10. That's a 1.618 expansion. And we look at there. It is 44-10. We'll be right here. And we take this one out. Uh-oh. And if we take this one out, you're going to be looking at something a whole lot more serious. Let's move to the, I can do this because this is all of it together now. There's your large one. See, here's the one. I thought this Venus Uranus was going to be a negative, folks. It wasn't. It didn't work. Well, shut the front door and raise the rent. But now you see where we are. There's the big high up there on August, July 28th. Boy, that was a day that, uh, what his name was born, Elliott, Ralph Elliott. Okay, now that's the case. What we're looking at here, I know it's hard to believe, but let's get this up here to take a quick look at it. There's your A-leg right there. There's your B-leg. There's your C-leg. There's your D-leg. And that takes you to 43-07. That's 200 handles from where we are right now, folks. Once we take out this, this is where we're going, 43-07. And that's going to be the September bottom that we've been waiting to see. There would be a goodbye. So I hope that helps. This is the Ensign map. It doesn't, uh, I don't know why I put it in here. I mean, it was, if I hit the M, it'll just automatically put it up, but it doesn't, uh, don't use it too much. Okay. Those are the ones that we're watching so far. We've got Bartolioni coming up next. Let's take a look, a quickly look here at the Treasury bonds. Those of you that like 3-8-2, and I certainly do. There was a 3-8-2 yesterday, right there early this morning, uh, midnight, uh, bingo, right on New York time, bingo. Uh, it was missed it by, let's see how far it missed it by, missed it by one pip, folks, of being, and I might even have drawn this wrong, but there's your 6-3-8-2 right here. And of course that's going to lead to, uh, A-B-C-D. Regarding that ET folks, there was one other thing that was involved with that ET that they didn't bring out too much, but in part of the words, if you read some of the internet stuff that's out there, they found a bunch of jewelry and stuff that these, uh, evidently these mummified folks would wear around, and one of them was a belt buckle. Like a, you know, like a belt buckle for a fanny pack, and on that belt buckle, you're not going to believe what it said. You can't make this up. Are you ready? A-B equals C-D. Right from an ET, 1800 years ago, folks, you just can't make it up. I mean, I saw that and I said, holy moly guacamole, I knew I was on the right path all along. And now I better take the rest of my medication and get ready to hear my good friend Jim Bartolioni talk to us about some pretty cool stuff that he's been working on. So stay tuned, boys and girls, the medication's kicking in and we'll be right back. Old Report. As a precious metal gold is still king. It continues to hold the most effective safe haven in 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. 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Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. We have our main man in the house. Number 50, Jim Bartolioni. Hi, Jim. Hey, Larry, how are you? You're looking good, man. You got your navy stuff on. That's cool. We out surfing today? Yes, sir. Yeah, actually, I was just looking at the waves I caught when I called when you guys called me. There's about four or five of us, Larry. We get up. We're in the water at 6 a.m. It was actually dark this morning when we were in the water. It was really so much fun. You know what the nonprofit, right? Excuse me. And we take vets down to Putami to Mexico and teach them how to surf or get better surfing. Got another retreat coming up November. We have eight special warfare guys, two fighter pilots, and one combat infantryman. And we're down there for a week. It's awesome. So, yeah, I love surfing. It's the best thing that's ever happened to me. Oh, thanks a lot, Jim. I thought that I was. Doggone it. Nice to see you, Larry. Get out of here. Hey, Jim, is that place near Rosarito Beach that you're going to in Mexico? You know where Puerto Vallarta is? Oh, my God. That's the Beverly Hills of Mexico. Yeah, it's far, far away. Okay. Well, so we go into PBR and there's that big bay. By the way, we had a surface warfare officer last retreat. He says it's the biggest bay in the world. Really? Wow. He drove ships for a living. I drove planes, right? I don't know, but it's pretty big. So, yeah. And so, Puerto Vallarta is the bay. You go up to the northern side of the bay and go all the way west. We're right at the tip. It's really, it's beautiful. It's a great time. Yeah. Beautiful part of Mexico, for sure. You see the charts, okay, Larry? Oh, it's the people are screaming. I would say stop talking real estate and talk about the E-mini. Looks like he had a spot on Gartley up there. Looks like a three drive, too. Tell us what you're looking at. Yeah, you know, so I put this chart up here. I actually posted this last night on my blog. The key that I want to show our readers and everything like that is from the high. What's that? 46-34? You know, we went down 283.75 points. I think you're the one who taught me. But ultimately, decimal points really don't mean much in our life, right? The numbers are putting off a frequency. So if we just move the decimal point to the left, we get 28.4, 28.3. And so we did a square out, the bottom line. So when we had this pattern completing, I felt pretty good at putting a short on last night. It was either going to explode over it, right? Like I would massively fail it or would work. And right now it kind of seems like it's working. But that's square out in time. You should be at your break even point now because it's only down 70 handles. So I think you're okay. It's crazy, isn't it, Larry? I mean, literally, I'm just looking at it. I'm wondering if it'll square out that swing from 46.34 to 43.50. Sure enough. And so I took the date of today. I went back 28 days and it was did low. I'm like, we're scurrying out. This thing's got a short tomorrow. So anyway, that's pretty good. And then the measured moves, right? And look at it. Everything's harmonic and went right up in that area and it's dumped. So it's really important. The reason I want to say that is this high at 46.34. That's a really important high. I'm calling it either a wave two or a B wave and that whole LA wave stuff. So we had that move down into 43.50. So I'm calling that a wave one. So this wave needed to end or that whole thing was gone, right? So that's why I was like, this thing's either going to work or not. And when we saw a square outcoming, I'm like, you know what? This is looking pretty good. So yeah, there's the ES. I think we're going down for a while, Larry. I do, but we'll see. Started in the right direction. Oh, here's really, right? And I think we posted this the last time we were talking. I got a massive support around 100. I'm still not exactly sure whether it'll get down there. I could also see 110, but I really like 100 on the long bond. And then, you know, we talked about it the last time. I'm calling this wave one down or a whatever, you know, all this LA wave crap, but the bottom line, it does help me with a roadmap. And so what I'm trying to tell people is, man, I don't see interest rates going down maybe for my lifetime or your lifetime, right? I mean, it's better be yours because I can see the ninth furlong pole from where I'm sitting. So I hope you've got to live a long time, my friend. Me too, my friend. But I'm living right now, man. I was living on those waves. That's what I should have done is a picture of me on the wave. So where I'm going with this, Larry, is everybody and their brother, all the talking head pundits, all those people are like, oh, the Fed's easing or not going to have a lot of this bouncing bonds because that's all it is. I think it's going to be huge. I think it's going to be a massive move. I'm going to probably close my TBT long that I've been long and go long TLT because I bet you this puppy goes to 150 or 160. Just everyone thinks, oh, Fed, we've thought, OK, they've raised your rates. I am not seeing that. I think rates are going up at least for the next 10 years. And this is just the first wave down in the bond. But this is some pretty significant support right around 100. I don't know if 110 will hold it. But we'll see. And what I'm doing with the 110, you see those purple lines? That's that first wave down is equal to the last wave down. So that 110, that could be a good target, but I'm leaning towards the hundreds. You see anything different? No, no, I like that purple line. That's a beauty because you've got a whole bunch of stuff in between that. Yeah. And when I look at this chart, though, and I see the top up there, Jim, do you remember they were trying to feed us negative interest rates at that time? I mean, to me, that was the dumbest thing I've ever heard in all of my investing. I mean, that's just. I remember when you were writing the letter that way, you were like, OK. Yeah, I said, yeah. We're going to give you a deal here. We're going to give you zero interest rates. And we're going to charge you for holding your money. But we're not going to give you any guarantee that you can get us back. Now, give us as much as you can. And they were standing in line to give it to them. I mean, give me a break. I mean, I don't know. And do you know what else is great Larry is? I'm starting to look at all these really famous TV shows and movies. And I'm like, I think they're telling the future. It literally is the Wizard of Oz. Oh, some of them. Yeah, that's for sure. Yeah. That's for sure. Yeah. Another one for all of us, Larry's Apple, right? As Apple goes, the market goes. I don't know if you remember, but you know, the top of the circle, do you remember that chart? Yeah, I remember. Sure. Yeah, 195. I remember that. Yeah. I have no idea why this stuff works. But anyway, so we've got an incredible ABCD. I mean, it's setting itself up for a beautiful buy at about 164. So it's either going to work or it's not. You know what I mean? Yeah. Starting in the right direction. That's the way to life. I'm sorry. What was that? I stepped on you. It starts in the right direction. That's for sure. That's right. Yeah. But look at Larry. I mean, that is the level. If we break through that, then I don't see this market standing on firm ground, but you never know. Hey, Jim, I got a question. I have a question about your, your picture book that you're going to be publishing here. When will it be ready? Because people have already started asking how do they get it? It's going to be, you know, I'm still working on it from a, I'd say probably about, let's just say by the end of the year, just to, just to be realistic. I wanted you to take a look at it. I still owe you money for printing everything. That's okay. But I'm tightening up some things. I've gotten some feedback, but thank you. I think it'll be really eye-opening for people. I mean, the bottom line Larry is you taught me. I just took it, you know, and made it mine, like you said. But I like this 164 Larry is look at that. Those blue measured moves. This is going to be the key level, I think. Yeah. So the book is going to be basically the picture of just like what we're looking at here, all the different things that you look at. That's right. And describe some feedback to do a little bit of explanation. So that's kind of what I'm working on now. It's not meant to be a technical book that after it's finished, right? Because that's what we do. But I'm going to spend a little bit of time saying, hey, here's what you're looking at on this chart. So I don't know what to use. Hey, we've got to pay a few bills. Can you stay with us please? Pay them up. You got it. Yes, sir. We'll be right back folks. Jim Bartolioni, Bart's charts. 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 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. 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An investor should consider the investment objectives, risks, charges, and expenses of the Direction Chairs carefully before investing. The Prospectus and Summary Prospectus contain this and other information about Direction Chairs. To obtain a Prospectus or Summary Prospectus, please contact Direction Chairs 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 principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Foreside Fund Services, LLC. The Prospectus and Summary Prospectus are created on the NYSE American and TSX under the symbol VGZ. Speaking with Jim Barclioni, and we've got junk bonds up board, that's one bearish looking chart. Isn't it crazy? Yeah, so I've been watching this, Larry, if you look, I think it was the end of 2022 is when it found some support and it's been coiling all year. I don't know which way it's going to go. I think it should go down, this market will blow higher or blow lower. If we're going higher, pretty slow. Look at the lower tops. This is not a very good chart. No, it's not. I think we've been showing this chart a couple of times, but we've got to watch junk bonds and ultimately I really think it's going to blow. Look at it, it's coiling, it's getting ready to go. But if it goes lower and then we get a close below that long red tread line from about 2009, then things could get pretty ugly, because that means they thrown in the towel. But it's been holding in there and it's kind of funny, you can feel the market holding in there also, but something's given. I don't know what, but that's going to be my first cue. We got a monthly or a weekly close below that red trend line. It's never closed below there in the history of it. I think things are probably going to go on the other side of the other scale. You know the junk bonds have some implications with the oil market, because they're up and coming. They really do, so break down in junk bonds. What's the correlation Larry? Evidently, from what I understand we should have Mike Moore get on to us, but it's basically when they start oil rigs and all this stuff, they can't get money from banks, from the oil market to get it. As long as the rigs come in and the oil pumps, it's okay, but if they can't, then the banks are in trouble. And of course a lot of these regional banks do a lot of that. So now we've got double importance. A time out here boys and girls, I want to make a little cautionary comment. That is borders on fundamentals, and I know less about fundamentals than I do about women's soccer, so I'll end it with that. Okay, let's go. Got to throw it up here. Ten-year interest rates. I have a target of 6.3. It sounds insane. I do think we're going a little bit higher, but I wouldn't be surprised to see in pause around five-ish. But look at it, this thing is gone, and then if you look back at 1984, that solid blue line, it was the largest correction in a 40-year downtrend in interest rates. We've completed that. We pulled back a little bit now. It looks like we're going to exceed it. So the next one could be 127, that'll take you up to about 5.5. But a 1.618, it takes you up to the 382. I don't see that right now, but I do think we'll see that in my lifetime for sure. But yeah, look at this thing. And oh by the way, I see this as a fifth wave in the first wave up or whatever the hell you want to call it. So I do think the interest rates will pause and pull back a little bit. But is that 5.0 or 6.0? I don't know. But man, look at that thing. It's incredible, isn't it? Remember when we did the ADCD on NVIDIA? Yep, I sure do. It kind of worked. And it actually went a little higher and it tagged exactly the 1.618 extension from the last high. Which still, let's talk about Larry, right? This is this insane parabolic move that's exploding in AIs, the future, which it is. But all this different stuff and it went right to the 1.618 and the ADCD. And that's incredible. But here's where I'm going with it. I did the rudimentary count, which I like. It's a theory or it's a guideline. It's not a rule that the market likes to correct to the fourth wave of a lesser degree. That's $120, Larry. That's nothing. Right? We're at $140 now. Yeah, wow. And that could still be bullish. So honestly, I'm looking to buy NVIDIA, but I'm not touching it for a while. But it worked. But I'm seeing NVIDIA going higher but not in the immediate future at all. So I'll be looking to buy it. But man, it could go all the way down into the hundreds. Hey, Jim, did you ever use any AI stuff where you were doing your Navy intelligence stuff? We did. We did a lot. And what's really fascinating is right now we've been using what are called large language models, that chat GBT, all that different stuff. I hate to say it, that's already out of date. Where AI is moving now, if you guys, you know, people on the show want to take some notes and stuff is what's called active inference. And those are the models that are coming out now that are really going to revolutionize everything. Right now it's like a queuing, you know, it's a one-on-one conversation. Active inference is it's going to infer what you're asking and then you never have to ask it another question. It's going to go learn everything. It's pretty powerful. And then the next thing too is right this one down is the spatial web. That is, I mean, Larry, in the next five years the technological advancements are going to be incredible. They really are. But this chart, I'm bullish, but not right now. And then I think I got one more for us. Yeah, this puppy. So when you look at intermarket technical analysis, we had to learn this from the CMT and, you know, it's all everything. It's a global economy. Usually the first one to crack or to go up is the Shanghai, right? That leads them all. And so you can see it's looking pretty heavy. So we break that upper, you know, lower kind of less font blue trend line. Things aren't looking good. Boy, we break that more bolded one. Things aren't looking good at all. But the Shanghai goes, then the Australian all ordinaries, then the Canadian TSX, then the DAX, then the S&P. Now, I'm not saying it's years or anything like that, but we can get clues by Shanghai. Shanghai, if you look at it, it should be, air quotes should be going down, which I think globally is going to put pressure on all the indices. And so I'm watching this trend line. And again, it's like junkbonds, right? I'm just seeing which way it's going to break. Certainly looks like it's going to want to go low. So keep an eye on Shanghai, too. Lot of fun, huh? Hey, Jim, I remember when you passed your CMT and I went to New York with Sarah for your, and I gave a speech at the CMT that time. You remember that's about 10, 12, 15 years ago? That was awesome. It's funny as we're talking about all these harmonics and everything and they all looked at us like we had three eyes. Well, I took the test, but once I went past A, B equal CD, I was zero for zero, so I had to stop taking it. You know, I used to teach CMT Ilarie, right? And I'd be asked to teach all this stuff about RSI and everything. I'm like, hey guys, look, I think you've got to learn this. I don't use it. I don't understand it. That's okay. Hey, listen, thanks for joining us, buddy. I really appreciate it. Keep up the good work and let us know on the book, too. I will, sir. Thanks, sir. Have a good week, brother. You got it. See you later, buddy. Jim Bartolioni, Bart's charts. Okay, let's move on here to the next one here. We've got to hold. How do I get back to the old program here? We've got to pay a few bills coming up here in about a minute. That's a good picture, Bart. All of his Navy stuff. Hold on. I've got to slow down just a bit. I've got to get up here to where I'm supposed to be. I've got to get back to my... There's where we are. Let's see where we are now with the old... Let's do gold next, because we finally had a move-in gold that was up. We were talking about that yesterday. Hold on just a second here. I don't know if it's going to be working yet or not, but it's not yet. Hold on just a second. I just have to get up here and I go to screens. Click. Bada-ping. Bada-boom. And I hope, I hope with the best of luck that where is the thing here. See if it's showing now, okay? Let me see see if we got the old chart. Up there is the gold. I think we're okay. Anyway, we've got a break coming up here just now. We get back. We're going to talk about the gold, because it had a real interesting pattern yesterday and I wanted to bring it up. We were talking about it, but we'll... If you're looking for potential trading setups in the stock market, then Rocket Equities & 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 & 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 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 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. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pezzavento 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 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today at TFNN.com Educating Investors 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 and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Okay, we're black folks. I'm going to talk to you about the gold market here. Remember yesterday we were saying that this was the first indication that we're going to have a little bit of a move in gold. We were talking about the three things that were going to happen. We were talking about the bottom pattern that happened. There it is right there. You can see another A, B, C, D pattern right in here. There's A, B, C, D, just like out of the ET book. There's another one here. A, B, C, D right here. This is the key right here, folks. Remember, this is going to be happening with the S&P too. None of this stuff is any different. When you see a big move like this, you're going to see, I see you got your little placard up there to try to see if it gets to a 3A2. This one doesn't do it. It misses it by a dollar. And then a way that it goes and since that time we have not had anything even resembling a 3A2. So this is why we have a big move going here. And the first thing you'd want to do now is what this is what we'll be doing Sunday night is we want to see what will happen when we get our first move down here at 1940. What a wonderful year to be born. Anyway, there's where you'll be looking at it right there for good support. That will be down 11 dollars. Remember the harmonic number in gold folks is 32 from there to there is 32. So that's what it's doing. And so you should come down at least 11 dollars to the 3A2 and you'd like to see it and you know what kind of format and I don't know if we can do it or we can do it. So that's what we're going to do with this new CD. Lining up at that time and then it gives you something to work with. I'll keep you informed about Jim's book. It's a nice picture book about all these patterns and all the beautiful nuances that he's picked up through the years mostly on his lonely gives me a little too much credit, but he has certainly worked hard. So folks I want to do how much gratitude gratitude and may God bless.