 Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com 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 Louis as most of you know a bill O'Neill from daily graphs and investors business daily Passed away here a couple days ago at the age of 90 Happened to know that young man that young fellow very well because it was during the 80s There in the 70s and 80s there in West LA his office was in the marina They lived out Westlake Village. In fact my my ex-wife taught all four of his kids The younger kids of course were in school with Jill and Laren and Laren Jill dated Bill's youngest son for quite some time But what you don't know and not many people know this because we were really close to the family is That in 88 when he decided to go against the Wall Street Journal he had to leverage everything he had I mean he borrowed he maxed out every credit card He cut back expenses in order to get the investors business daily started because he thought The well story Wall Street Journal was going downhill so fast that he thought that he could out Publish publish them and he did over a period of time and he made a fortune doing it and he's a super nice guy He used to be on KWHY all the time Well twice a week and I'd seen him there several times Of course we've been out to dinner and stuff over the years because the families were so close Well another thing you don't realize that he had a partner a silent partner named Al McGuire and Al was the money man when Bill needed money for something Al knew how to get it and he was well You know he was well known everywhere Everywhere and he had a really good reputation so it was really it was a slam dunk He had a great product. He was better than Wall Street Journal That was basically it and he had a lot of help from KWHY getting started and stuff and Merrill Lynch was also a big help But Al McGuire was one of the big the big things and Al passed away Oh about eight or nine years ago But Al had a son named Mike and you'll never guess who my daughter lives with yeah That was her first boyfriend in Westlake village When she was 13 was Mike McGuire and that was Al and that was Bill Bill Bill O'Neill silent partner. I don't know if he gets credit or not But we certainly knew what it was about. I'll tell you a funny story about Mike He was in high school and he broke a leg. He was a football player and he broke his leg And he was in Westlake hospital and so I went up to see him and he's dating my my daughter They're 16 and 7 he was a year old he's 16 and 17 and so he's laying there in bed and they had It was pretty bad break. It was compound fracture and stuff and so he was there and I walked up to him And I gave him a hundred dollar bill and he says what's that for I said I don't ever want you to see my daughter again I was saying it in jest, of course and my daughter Jill She didn't quite pick it up, but Mike did anyway. It was a standing joke But they lived together in San Luis Obispo, but boy, he'll be missed. He was a did you talk about a class act? He he really was he did everything by the book. Everybody cared for him. They're never a crossword about him He had a great product. It was just it was really something to see and he lives such a good And he was healthy up until the last two years. I was told But anyway out Alba wire passed away I think eight or nine years ago because Jill and Mike have been together about four years, but Can't say anything about that dude. Let me tell you he was a class act No other way about it and I posted a chart up here the S&P without the Those those seven stocks as you can see and all I did someone asked me to draw the ABCD patterns on this And course I did as you can see what you're looking at here is this a B equal CD pattern I personally think that we've made some type of a major top up here with this blow-off with artificial intelligence and stuff like that And let me explain to you about artificial intelligence Sarah's grandson Avery is 12 and he's just graduating From the Philadelphia school, which is a very prestigious school there in Philadelphia for his I think he's in the sixth grade now Yeah, sixth grade and He had to write a paper and he wrote this incredible paper about politics Health and things that were just really incredible is probably a thousand words and I told him I said Avery I said that's the most incredible thing. I said I can't believe you're you're you're that smart. He says well, I use a Chat GB tat chat or whatever it was you chat GBT. He said that's what I use and I said you mean that's they allow you to Do that and you see how the kids use it and here is 12 years old. Are you kidding me? My goodness. I don't know what the radio not wasn't radio GDP. It was chat GBT It's what a chat GBT is what it was and they use it in the school there And I mean I can tell you one thing the kids in the public schools don't have that kind of stuff So I don't know let's get on with some of these markets because we've got a big thing going our good friend Mr. Shane Smolian is our guest today We had a question about platinum one of our folks sent this really neat chart in on platinum And all I'm going to do is expand it a little bit so we can see what's going on with it And you'll be going up here to see there you are That's what it is that all I'm going to do is I'm going to put up My platinum chart and draw the picture in with a little more data behind it because the gentleman's Interested in buying platinum and if this is the place to buy platinum then by golly, that's probably the place you can see That's exactly about the time. We want to be looking to buy platinum right at that 618 Gardening now, you know, we've been bullish gold here for quite some time. That was our big trade this week was the gold well two of them one of them was a The disaster that well not a disaster. We lost 20 cents in November beans, but we're going to get that back I got to handle on what's wrong with that puppy, but we'll get it done Here's the you can see the similarities in the gold market. You had 17 days down 17 days down What do we went right? These were equal in space. We didn't get down to the 382 level, but we made a perfect a BCD I'll show you that on the the next chart that we're looking at because We have to follow them one at a time because they're moving so quickly This is a shorter term version of that what I want you to see when you're looking at that is we didn't get that bottom Because we were looking at the June contract and they had rolled it over to August So what we had to do was to buy that 382 retracement right here And so we did and that that's had about a $26 move now folks If you're only risking $10, okay, and you make 26 you got to put your stop in somewhere I mean, you know, you can't expect it to go $200 higher so when you make two or three times what you're risking you've got to protect yourself or take some profits I mean these these are not these are not trades for monthlies or weekly. These are shorter term trades where you don't have to spend An arm and a leg, you know trying to buy this stuff So that's a that's the real thing that you want to remember. It's not about how much money you make It's about how much money you don't lose. I try to teach people this But you know sometimes people get a little greedy and once in a while even I get a little bit greedy But believe me grief is not going to pay the bills What's going to pay the bills is focusing on how much money you've got at risk not how much money That you're going to make so we'll be right back and I want to talk a little bit about natural gas because that was in The play yesterday and we need to talk about that. So we'll be right back 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 keg stats tiger forex report Teddy keg stat 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 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 a tribe mastering probability 30 days risk-free today tfnn educating investors Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help Tom O'Brien has been successfully trading markets for over 30 years a frequent contributor to TD Ameritrade Network and CNBC Tom O'Brien founded tfnn over 20 years ago to help educate investors just like you Tom's daily market newsletter market insights is published every morning when the markets open to give you the competitive informational edge you need to succeed these Newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio Get Tom O'Brien's newsletter market insights today and try all of our products and newsletters 30 days risk-free with our money back guarantee at tfnn.com tfnn educating investors free at 1-877-927-6648 internationally at 727-873-7618 Okay, we're back folks. I posted the chart of the natural gas from yesterday and as you can see We went down with you little red box there was the exact number And that was the buy it was a perfect garly it did everything that you could possibly ask now folks if you're risking If you're risking $500 on something like this, okay, which is roughly 10 points and it makes you 30 points Do you realize that you must be looking at someplace where you want to be able to take? Profit somewhere. Well, let let me show you what happened to natural gas after it hit that number. Okay, because this is where These patterns that we look at they'll really give you a lot of help or if you go back over the last four days Alex, excuse me. That's a little more than that You'll see that we went right up to the exact 382 retracement Right on the money. You just can't Hold on what am I doing? There we are. I think we got it now See if that chart is up now Al could you or Jay? Could you let me know that that is is if not? I will it's up now, okay? So you can see it went and made a 382 retracement and has dropped, you know quite a bit So you bought it right here and at this spot right here at your 382 you've made $1,500 now, I think anybody that sees something like that and I would I I Can't do this because it happened so fast that you can't do it But you if you're watching for these spots of resistance and stuff It's very very important because if you bought it at 25 and it goes to 42 that's $1,700, you know, that's and not only that it did it in in a matter of about 15 minutes And then it gave it back up and look what happened after that This is what this is what's exciting about these numbers if you learn to look look for them And that's what we do if you'll take a look at this This is a the same pattern and all I did was I blew it up a little bit so that you could see That what happened there was your first 382 retracement right here. Look at your second one right here I mean my goodness I mean that even that would have been a place to get out or even get short For heaven's sakes because now you're down below the 78% level and of course we had big moves and crude oil today It was down $2 and something at one at and one time We hit the 61% retracement and then came storming back and that's some of the things you want to watch Now let's look at the one that didn't work now. This is the November soybean chart I figured it out and I told everybody in the newsletter in the The what do you call it the Videos that I send out that this is what we were looking for here then this is November beans at the 50% level Okay, then July beans were at 1294 and they held there really well until Yesterday late in the late in the evening China came in again in Shanghai and started selling oil and meal Not so much corn, but they sold oil and meal and that pushed the prices down even more And we were stopped out of that right near the low of the day now We had made 60 cents on that during that first rally back in here, but we gave back More than half of it. We gave back twice Once at 20 cents no once at 10 cents another 10 cents, so we were net 40 cents on that but it went down but folks This is a flat-out blessing in disguise because I did the work on one of these markets That starts with the W and ends in a T I'm not going to tell you what it is, but if you want to look at a market That's really ready to rock and roll and I mean rock Get take a look at that market that starts with the W and ends in a T Because it's going to look really good now Let's take a look here at the stock market now This is the one we did this from the very beginning Telling you where to look for the 382 retracement on this because this was not what was going on It was all about artificial intelligence But there was the big rally that we had right there at the 382 the market has dropped 600 points From from that level and you can see that we're almost down to the buy point now What's interesting about this? We've got some people that are fans Excuse me that are fans of the Fibonacci stuff and several are over in the UK But I want you to take a look at this chart that we're going to post right now because it's not quite up to date But I'll let you put in the figures so you can see they were almost made a beautiful ABCD Gartley here at the 78% level in the Dow Jones So if there's going to be a rally the Dow Jones will most probably be the one that's going to be Pretty good rally, but if you remember the S&P This is the same thing that we saw on the S&P the difference was The S&P rally to the 382 Okay, and that said that the low today should be somewhere down here at around 1178 I think the low was 1169 or something like that I haven't checked it lately of what it is, but there was your first 382 retracement There was your second 382 retracement, and I didn't bother to draw in the A Bcd to the down leg right here So let's take a wild guess and maybe what should we be looking for now? Look at oh Johnny right there in the back of the room holding up his 382 Plack, so all you got to do is you mark up here you go down to the bottom and watch that 382 rally Because that's going to be the really really key one folks if we could make a 382 rally here This is Wednesday. It'll be followed closely by Thursday And our guests tomorrow will be as I recall. Well, please don't let me forget. Oh Oh What did I do wrong now? Oh, I got it right here somewhere Stand hard and stand Harley's our guest tomorrow We'll talk about Bill O'Neill because we know Bill very we knew Bill very well and then Friday We're going to have a Bob Miner As as our guest So we'll have Bob as a new guest. He's been on many years ago, but he's married now living in South Carolina or Georgia or North Carolina North Carolina. I think yeah Greenville, North Carolina's where he is. Anyway, he'll be our guest on Friday, but let's what let's just hope that we have This is today's Wednesday now You add one day to Thursday to a days to Friday if we can get a little 382 rally in this S&P up into this zone right here That's where's my little bell at that's way over there. I can't reach it. That's the Christmas belt That's like a Christmas present, especially if it would do it in just a beautiful a b Equal CD format. That's a Gartley had a 382 in the market that we believe has made a major top Remember we had an order to sell it here at 42 45 You know we got to 42 43. We missed that by point and a half This is where we said sell that first 382 retracement. There was a second 382 retracement And I was unfortunately haven't been able to put the moving averages and the Stochastics and the world's wilder formulas along with the percent ours on this chart because my technical indicator Function is malfunctioning much like it has been over the past 47 years, but anyway, that's what we're paying attention to today in some of these things There was one other one and our good friend Shane will be on but look you want to talk about following a trend and That look at this folks. You don't have to be a rocket scientist to do this This is the euro this darn things been going down. Look at this 382 382 382 382 today 382 That's that's an $800 move today just today from that 382 right there. Check the figures yourself If you don't believe me go back and look at them. This is a rocket science stuff Johnny's got his hand up and saying yes, it is. No, it's not Johnny. It's a lot easier than that. Stay tuned the wolf trader Direct from Transylvania. He'll be here very soon Mr. Shane's boy and a very strong follower of the Miami Heat 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 Tfnn.com 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 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 eight 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 This segment is brought to you by think or swim for more information Just click the think or swim banner on the front page of Tfnn.com Okay, we're back folks, and I believe we have Shane small you in the wolf trader Dot-com on the air also the number one fell number two fan of the Miami Heat right behind little Jackson I imagine he's going crazy getting ready for the finals. Am I correct? Oh, yeah. Oh, this is good stuff Yeah, I can remember the Larry bird days at the one Boston was Popular during the 80 to 1992. Please let's talk about the markets my friend people are really interested in what you're what you Have to say because you've been bullish and that's certainly look strong. So what are you looking at my friend? Well, we can start with the S&P here if that's okay. That's a good good way to start Yes, you bet so we track just as a as a as an introductory note here we We track the S&P on the newsletter service But I've also been including the NASDAQ and the Russell in there And the reason is we have a pairs trade going with the NASDAQ Which I'll get into and it's important because the NASDAQ is leading us higher. So That's an important thing to look at. So these are just some headlines that I talked about I I posted this earlier last month. I you know, I've been saying for a while that you know The bear markets likely over since October, which is really when the Fed started pushing Putting their foot on the pedal here But I confirmed the bull market last month. It was confirmed with the NASDAQ So we have long-term positions now in the NASDAQ on the long side So in addition to the trades that we make with our shorter term polar or squared So I have a long-term position that I'm just not touching on the NASDAQ right now Fed use continuing to build strength. This is a big key here. This is the driving force behind the bull market And then the combined Saturn cycle, which we'll get into this is a long-term model It's I kind of think of it as as the roadmap for how the markets going to do in the year That made an important low on March 20th And that's going to be heading up until about July and I think I think July is going to be some type of a short-term peak in the market So that you know, the Saturn cycle agrees with that and then most of the models are turning bullish I you know, I just looked at the The the dates it's been a while since I've been on the show It was like last April April 20th or something and I was talking then how everything was turning very bullish And the Fed internals are hooking up sharply. So these are the things that we look for I show every day just kind of a simple moving average picture here and You know once this 50 crossed above the two the 200 This is the NASDAQ here you can see that these lows are making a series of higher lows and this was going parabolic So this is definitely the sign of a bull not a bear So, you know, this is this is just a very rudimentary indicator But it's something that we do like to take a look at because it is something that the networks will talk about This is you know, this is the famous Golden Cross and the moving averages and the S&P Rarely closes below the 200 if you go all the way back to 2010 even during COVID it didn't so it just crossed back up Now the NASDAQ is ahead of the S&P But you know, both of these are still in a very nice position right now going forward so We talk about daily info here. So what I'm going to do I'm gonna I have a series of new systems So I'm always developing new systems This particular system is called the wolf spread trader. Now. This actually started out Looking at Bitcoin and gold that the spread between Bitcoin and gold because it does very nicely It does very nice and differentiating, you know, you should be long Bitcoin short gold, etc we looked at this for about 10 months as a proof of concept and then we started expanding out to other markets and So there's two ways you can do the Paris trade first of all the Paris trade This is the NASDAQ here and this is the S&P. So there's two ways you can do it You can do a Paris trade just to be long one and short the other That's the traditional Paris trade it hedges the risk. So For example, you could be in tech You could be long Apple or short Broadcom at the same time if you're doing two tech stocks that are moving in tandem But in this particular case, I'm looking to use this as a switch And I've talked about this in many webinars that this is something where I feel bullish on this market I've you know, we're looking at what the Fed is doing. So the question is which market do I want to be long in and because This relative strength here is with the NASDAQ. This is the market that we want to be long in right now So this is the one that's showing the preferred strength And there and there will be times where the S&P becomes strong and the NASDAQ becomes weak So as long as I feel bullish on this with the Fed juice What I'm going to do is I'm going to be switching to the stronger market right now. It's NASDAQ so That's that's kind of where we are with this. So this is a new Relatively new system. It's I would say it's about a it's over a year old But we we just started putting up the NASDAQ S&P and I think this gave us a lot of insight For people who just want to do a longer-term trade I mean, we have short-term trades, but this is just kind of a longer-term deal And so, you know, this is this is where the strength is right now. So it's long NASDAQ Short S&P or just I'm just I'm just long NASDAQ Now this is the S&P versus the VAXY This is another pairs trade here. This one is going back to We started this back in January. So January the third here You can see because when the S&P goes long the VAXY is going short. So they go in opposite directions and You know, a lot of people look at the VIX is like absolute numbers like all the VIX is at this level at turns And I don't really care about that so much. I care about the pairs trade So I just want to make sure that they're going in opposite directions, which they which they are So this is still a nice pairs trade to be looking at here You can also just look at this as a switch for the S&P to say, okay It's a proxy to go long on the S&P but both of these models are holding on very well So it's been since March 22nd That's been in that trade. So, you know, I look I like to look at many different models And because I want to see different angles at the market and they're pretty much all in agreement right now that we're headed higher So good. This is now. This is a really important shot here. This is the Fed internals as we track it now going back here to 1028 This is when we covered our short positions. We had a long-term trade I mean, this was a long time I held short on the S&P from December I mean the only time I did roll the contracts over at the end of the of the period But essentially I was just short the whole time Okay So this this was appeared where I felt like we needed to cover the shorts into here And I was telling people said that, you know The bear market is probably over at this point because we were looking at what was happening with the Fed here This is going back to the British guilt operation when they cracked basically the the Fed cracked that you know, the the bond markets got trapped or these pension funds got trapped and In the same week that they did a rate hike. They did quantitative easing. So at that moment, I Realized when I started looking at the internals starting to spike up like this that that was probably the end of it I mean, they're still, you know hiking rates and they're plateauing But in terms of that the real real tightening That's when it ended back here in October and this has been climbing ever since and so this is now in a period of Surging here now on the the S&P is lagging the NASDAQ, of course But you know, we're long on the NASDAQ because that's the market that's showing the relative strength But this is really the driving engine So if you want to understand what's going on with the S&P or equity markets You have to focus on the Fed and the Fed use you will not understand this market If you try to look at it through the economy If you will not understand it if you try to look at it through CPI, you know You have all these AI models now I put AI models up all the time the CPI is plummeting. It's plunging. It's falling But the model the reports that we get are lagging. They're lagging by a month or two months So I try to understand that we have a real-time feedback now in the markets And I probably do a webinar about this, but ever since 2010 the Fed changed the whole system And so what used to take you know lags months and months and months and now this is all in real time And so we have to track what's going on with the Fed in real time So that's that's why we look at this and so this is really a telling picture here and this paints the picture of a bull market This is the driving force behind the bull market and it's getting stronger as we go So that's just one of the things we look at now. This is the market with the geomagnetic storms Geomagnetic storms we just came through an active season. We've got a bit. We've got a few bills my friend Come back with your GM medic storms because I know the Fed publishes this stuff We'll be right back Shane small you and wolf trader calm folks 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 and 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 looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help Tom O'Brien has been successfully trading markets for over 30 years a frequent contributor to TD Ameritrade Network and CNBC Tom O'Brien founded tfnn over 20 years ago to help educate investors just like you Tom's daily market newsletter market insights is published every morning when the markets open to give you the competitive Informational edge you need to succeed These newsletters are packed full of Tom's advanced technical analysis in our gear to deliver comprehensive strategies for a successful portfolio Get Tom O'Brien's newsletter market insights today and try all of our products and newsletters 30 days risk-free With our money back guarantee at tfnn.com 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 Labu or Labd Directions daily S&P biotech three times bull and bear ETFs Visit Direction investments comm 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 8664767523 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 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 Okay, we're back folks with Shane Smollion wolf trader com. Would you please continue? Sure, so we've been establishing the fact that we're in this bull phase driven by the Fed We want to be you know looking for the stronger market, which in this case It's the NASDAQ so in 425 the NASDAQ goes long but in addition to that We have these storms that come up So the Fed published it as you noted before the Fed published a paper on this when these storms come It stifles the market progress now Usually when we were in the bearish phase of this market You can see here when this storm comes the market really starts to have issues But I want you to notice that each time that these storms came the market really It's stifled the progress, but it didn't decline and so that's that's a sign that there's like there's some underlying strength here And so I was telling people look this is a relative I know it's not going up But there's a relative strength here building because normally these storms and some of these were big storms like G3 storms G4 storms that normally that sends the markets lower in this case. It didn't so to me. That's an underlying bullish sign for these markets so We talked about the Fed G okay, so we talked about Fed internals. Let's talk about the actual Activity of the geomagnetic storms. So this is this is an annual plot This was actually published by the Federal Reserve of Atlanta. They published a paper on this. This is the solar storm activity So we're we're coming up. We're in May finishing May right now So you can see there was a peak in March and April so we're at the end of May We're gonna come down into June and then down into July. What does this mean? Well, typically this corresponds with bullish conditions And so when these when this storms when this storms start to fall you get a more clear path for the market to go up It doesn't mean there can't be storms into here. There still can be storms It's just it drops it drops by half into here So I think this corresponds with we're looking at a July high on equities Probably the first week of July. I think that's a good time And then it ramps up again and then you you know that in October That's the month where we get the most market crashes So that that you know, that's the famous month So that's also the month where the solar storm activity is the highest and that corresponds with a low two So this is an inverted picture of the actual solar cycle and then it falls off again into December Of course, we get our holidays and our Christmas rally and things get calmer to their soap There's really not too much activity coming up. This is a daily run down that I give or this one is an updated here But I thought I updated anyway. There's no activity coming up here. So it's pretty bullish for the next few days So I do want to talk about another model that I've developed. It's called the wolf trader wave system Now this is a wave system I did a whole series about different wave counting methods and The the advantages and the disadvantages So I try to take all of the disadvantages and I created my own wave trading system because I don't believe that every wave count Is the same for every market and it's a fractal and you go down. It's always a fractal. It's I don't believe that In fact when you and then all the waves are connected all the time I don't believe that if you go to the beach and you surf, you know that waves come in sets They're not always coming in unless it's a storm So I developed a system called the wolf trader wave system. It uses machine learning And this is a big advancement because it allows us to forecast out into the future a little bit now It doesn't have that whole set of rules that you see with other systems. That's just the same for everything It's always gonna be optimized This particular system is showing that the the SMPs is get the next peak to this wave Which started back here on January the 6th is gonna peak around July the 7th and so that's interesting because there's a Saturn cycle which also peaks around July the 7th So I think that's our next best chance at a high here now I just drew some Fibonacci points here the thing about this wolf trader wave system It's a time-based series So I don't know the projected levels But if you just take some of these Fibonacci levels, these would be the next two levels that the SMP would want to go to If it does keep going higher from here So I think that's what we're looking at here now the wolf trader wave system. It can work on the weekly the daily I even trade entry day on it with a 30-year bond But each time frame I just want to emphasize is different. It's not a fractal system I just don't think that that is useful I've looked at other systems like that and so this is why I developed this system So this is a new forecasting model that that we have we go by and I just I think it's been very very good Like I said, if you can trade this on the entry day The the stability of price tends to increase as you go up in time frame because you get less noise So the weekly the daily and the weeklies tend to be a little bit better. This is a chart of Apple This is the wolf trader wave on the daily system And so the way that the system works is that these waves can terminate If they don't if they don't get going right away, they terminate So what we have here is we have Apple on this upward trend it tried to do a down wave it terminated What does that mean? It means that on the next pullback of Apple that this is forecasting another 30 trading days higher now I think that's gonna put us right near that July high So at that point, we'll see where we are in July but to me this is the end and the thing about these charts They all pretty much line up this this tells us that there's another leg up coming for Apple That's probably gonna go into into early or mid-July if this is correct But I feel I feel pretty good about it It's from everything that I've seen and I actually like I said I actually traded on the entry day on the 60 minute on the bond. So I talked about the Saturn cycles The S&P Saturn cycles I like Saturn I think in general Saturn is one of the best if you're gonna use a planet to time markets This is this is probably one of the best planets Saturn and Kronos are the two best Kronos is the transneptunia But these are the two best in terms of forecasting And this is telling us that we're bullish until 2025 So, you know, you got about two years here of bull cycle according to this the Saturn cycle Which kind of makes sense you're coming into an election year generally It's positive running up to the election. So I think that this this Agrees with that that concept that hey, you know the election coming up. This is likely bullish And so if you just look at the the annual cycle, this is this year for the S&P this now This is a this is a combined Saturn cycle. This is a smaller term looking cycle But this particular cycle I look at multiple planets with Saturn I so I'm looking at not just Saturn by itself, but I'm looking at multiple planets Right now we're in this phase this dry phase higher in the Saturn cycle, which is gonna take us as Shockingly enough right into around that first week of July around the seventh or the tenth and so I Think the fact that this agrees with the wolf trader wave I think there's a good chance that we're gonna be continuing to press higher here probably into that July period and then also I Want you to think back for a second when I talked about the geomagnetic storms that that activity is dying off So the fact that the storms are getting lighter and the fact that we have the Saturn cycle and the fact that we have the wolf You know we have that we have this we have the wolf trader wave Forecasting up until July the 7th and now we have this Saturn cycle Saying hey, we're right in the middle of this drive phase higher And if you look at the NASDAQ you really agree it's really playing this out I mean it's following this almost to the tee, of course the NASDAQ is higher It's it's higher alpha and all of that it's beta stocks all that stuff But to me this is when you get this much agreement That's kind of what you want to see and I'm looking at different systems It's not like you know if you look at RSI and stochastic and rate of change They're all kind of the same indicator, right? And so you may have these different indicators on the chart, but they're all kind of just saying the same thing That's not what this is These are all different ways to look at the market the solar storms is different the wolf trader wave is different The Paris trade is different the Saturn cycle is different So I always try to look at mutually exclusive events to see if they can agree And they're all basically saying that we're heading higher here for the next at least the next At least the next five to six weeks and then after that we will see There's another peak coming out into it drops and there's another peak out into October But overall I think the debt ceiling the resolution These are all positive things that they've reached this this resolution here on the debt ceiling So they stay with us We got to pay a few bills when I want you to stay with us. Okay. Sure Okay, we'll be right back with Shane Smollian wolf trader calm folks 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 comm 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? 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That's TFNN comm then hit watch Tiger TV Okay, my friend I'll excuse me Shane tell the folks how they can reach you and some of the different services that you offer I know you offer a lot of much probably the best to just give a blanket Place where they can go or see some of your webinars and watch you in action because it's really quite spectacular The stuff that you can do it's it's it's really pretty cool. Well, thank you Larry appreciate that Okay, so you can visit me at WolfTraderFutures.com. We have newsletters in multiple markets So we have we have S&P metals energy currencies Cryptocurrencies I have grains and financials and we also have a uranium letter Which is astrology base just straight astrology base not necessarily markets and we also do stock ETF services, too That's where the Apple comes in but every Saturday if you guys want to come out and join us eight o'clock every morning We have a free webinar on YouTube and that channel is WolfTraderFutures And and that's an eight o'clock and I really encourage you to come out We we have a live chat running where we talk and so every week I try to do a different topic I'll probably expand upon what I talked about today this Saturday so you can go there and sign up You'll get a notification, but that's every Saturday at eight o'clock So that's just something if you want to come out and check it out You please feel free to come out. That's the place to do it. I'm there pretty much every Saturday I mean occasionally I miss a Saturday, but I try to be there and I try to come up with topics Especially if people write in to me they write in all the time. I try to answer all the emails It may take a while, but I do try to answer them And if you if you want a topic, I try to cover the topics that that the people ask about so That's just where you can reach us. We're there every week and then WolfTraderFutures.com or FedJuice.com Is is where you can reach us in my email is Shane at WolfTraderFutures.com If you want to reach out to me if you have a question, that's the place to do it Well, that's great. Listen, we're gonna have you on again soon a little bit more often than we've had because I know This the finals are only going to take four games. You're gonna sweep in four out So tell action Jackson. I'm rooting for him. Okay, buddy. I will let's go heat Yeah, go heat see you tomorrow folks Our guests will be Stan Harley live every day in an attitude of gratitude and may God bless building