 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. So start off the day like we usually do. And that is to take a look at the German DAX. We'll look at that on the daily and also on the 60 minute. And as you can see, we're completing big ABCD patterns up into this area. Similar to what we're seeing here in our stock market. The next one we want to check on, of course, is the FTSE, good friend of Boris Johnson gets see how he's doing over there. And you'll bring this up and we'll be able to see what's going on here. Also made a little bit of a retracement there. As you can see in the FTSE fits up really nicely. Folks, remember when we started the show last yesterday, the focus that we were looking at this coming week in the newsletter and stuff was the short on crude oil and also the potential for the gold to go a lot lower. And we certainly started to see that. Let's start off with the gold here. Got a lot to cover here today. So let's try to see if we can get this together and get it all done. Here's the gold. Last night you can see we broke down to that 1488 level. We've rallied up to around 1492. Now the only way this is going to turn is if we see a trade above 1498. And then I will say, yes, that's a pretty good bottom in here. And it certainly could be. But right now we'll just have to look at it. Remember these hanging man candles that we see here on this four hour chart in gold. There was six of them. You only see five here. You only see four here, but there are two others on the other side of the page. That reminds me of something. Well, never mind. Anyway, the hanging man pattern works pretty good. And when it does it, it turns around right away. But this is what we're looking at right now. I think we're going to get down to that 1472, 1466 area in the gold if these patterns continue to go. Now this could all change, especially if we get above 1502. If we were to rally above 1502 today, then I would say, yes, that bottom was most probably in. But as it looks like now, it's just been following perfectly. In fact, last night, what we did last night was exactly what we did on Sunday night. And that was rally up to a 382 retracement and then break $11 out. So it's doing exactly the same thing now that we get above that 1502. That would certainly change that scenario, whether it happens or not, you know, I don't know. But you know the good part, folks, nobody else does either because this is just technical stuff. It has anything to do with these things that are going on in the world of politics or whatever. So let's move on to... I've covered the apple. You know, I've mentioned it several times that we've got a big number of patterns up here at the 1455. Excuse me, 1455. Apple's not there yet. It's probably going to be there tomorrow. But the earnings come out tomorrow. But we have these big ABCD patterns. So I'm going to run through some of these big stocks because when you're dealing with these, I mean, you know, you're talking about, you know, six stocks control the Dow Jones industrial average. You've got about 20 stocks that control the Nasdaq and about 50 stocks that control the S&P. So, you know, it's really, you know, it's a market of high cap stocks. If you look at those Vang stocks, you know, they take about 45% of the Nasdaq. This is Apple, as you can see here. We've been as high as a 248 as of yesterday. Of course, the earnings come out tomorrow. But these are all long-term ABCD patterns. We've showed them on the daily. We've showed them on the monthly. And the reason why I do that, folks, is when you go back in the history books and look at it, yes, it really did mean something. But it might not mean anything for a while yet. So we'll have to take a look at... Here's the long-term weekly chart on the apple. And here, again, you'll see that it's also moving up into that area. How high it's going to get, I don't know. But remember the difference between, let's say it's at $149. And we'll say it gets to $260. Let's say it gets to $260 with the earnings. Well, if we're looking at $248, and is it... Wow, am I losing it? Just a second. I think it's $248, is it? Is it $148? Yeah, it's $248. Yeah, we're saying it's $248. And if the earnings go crazy and it gaps up, then it'll get to $268 or something like that. But the difference between the price objective that you're looking at, which was $245 and $268 on a percentage basis, is very, very small. So we'll see what happens. Anyway, you're going to get a real flavor of whether technical analysis works or not over these next few weeks and days, I believe, because you're going to see some pretty wild things happening in some of these markets. The two things that we focused on in the newsletter this week, the number one thing, of course, was the short crude oil. That was the one that looked the clearest to us. We sent out several videos on this. We showed the three drive to a top pattern, the ABCD pattern on the daily. And we've broken more than $2 a barrel on Monday and Tuesday. So we've had a pretty good correction in that. And whether that's going to continue or not, we don't know. But what we'll be watching is to see what that first bounce will give us. That'll tell us a little bit more about the thing on the crude oil. Remember, the Saudi Arabian thing is coming out. I don't know when that Aramco deal is coming out. You stock guys probably know that. But that's going to be a big event. I believe it's going to be one of the bigger events we've seen on these markets in quite some time. So that's a main thing to keep a very, very close eye on also. I would want to watch now. Let's take a look at a couple other of these big stocks that are in here. Here's one yesterday. This is I'm doing this because there was so much emotionalism about the big breakout into new high ground. And we did see it in some of the things. We didn't see it in the IWM or the New York Stock Exchange. But we did see it or the Dow Jones Industrial Average, which you'll notice in Google. We did complete that ABCD pattern. We did make it double top. And as a matter of fact, it's a triple top going away back to 1290. I don't know where it's trading today. But that should be some pretty strong resistance up in that area. So we have Google and Apple also doing its thing. And of course, the one that is really interesting, of course, is this. Well, I want to do that. Secondly, hold on. I want to bring up the one on Microsoft because it really got a lot of action yesterday. Pull this up here. It opened right on. Was it down? I don't know. I don't know if it was down from the earnings or not. Is it trading below 1280? Oh, OK. 1277. So it backed off about 20 bucks. No big deal. OK. No big deal. OK. Look at Microsoft folks here. We've been in this really tight trading range since July 15th, a high of 142, a low of 130. And of course, we gapped up above all of that, completing that butterfly pattern. And we got up to 14580. If it stays here today, if it's time out, if it stays here for two days and doesn't do anything and closes in the lower part of the range today, boy, what I would do if that happens, I'm not a stock trader, but I do know technical patterns. I'll cover that in just a second. If you're not currently using the TAS Profile Scanner when looking at setting up your trading opportunities, then your arsenal is short a mighty weapon. 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Okay folks, I've got the chart of Microsoft up there showing you the butterfly pattern and the big gap that's up there at the 1.27. The pattern that I'm looking at is if we stay here in this area around 142 to 144 in Microsoft today and close near the low end of the range today in Microsoft, boy, oh boy, that sets up a pattern called the two black crows. That's a candlestick pattern. Steve Neeson talked about it in one of his book, but I found it many, many years ago when John Hill pointed it out to me from a man named George Cole back in the 30s called a book called Key to Speculation. He also called it the 95% rule because that thing works about 95% of the time. The rule is if Microsoft closes between 144 and 142 today on the near the low end of the range, you don't want to, well, it has to do that if it's going to do that. So it's got to close near the low end of the range, leaving that big gap. And then the next morning, if it doesn't gap down, you just get out because it would really, it sets up for a tremendous reversal. So we'll watch that just for kicks and giggles tomorrow because it'll be fun to see if that pattern does. It's really rare. You don't see it very often at all. So we'll keep an eye on that. Okay, let's move on to a couple others that I did want to mention and bring to your attention because I think they're important. Yeah, Mr. Bill, what we're looking at there, Microsoft said 144 right now, what you'd like to see on the close today, the ideal price would be like 143, 142.5. It's sitting there and if it closes near there, it hasn't filled that gap. Then the strategy is you sell it short. And if you're wrong, of course, it's going to open higher the next day and that will be your loss. And there's no news coming out, well, there could be, but the earnings have already passed. So the earnings, you've got a lot of people that, during that, what, three and a half months of consolidation between 139 and 140 and 129, nobody wanted to buy it, everybody wanted to buy it yesterday. So that's a sign that things are getting really exciting from that end. So pay close attention to that one. That'll be really fun to watch. There's a couple others that look really interesting. You'll notice the, well, let me just show you the divergence here. You already know the divergence in the Dow Jones and stuff. I'll show you this up here so you can see it. The reason why that is, is because there's about five stocks, six stocks that control the Dow Jones industrial average. It's price weighted. It's not cap weighted. So the higher price stocks make the thing move. But you'll notice here that we've not made anywhere near new highs. All we did yesterday, we just barely took out the highs of last week in the Dow Jones. We're slightly lower today, really nothing. It's been, you know, lagging the market somewhat. We've seen the same thing in the IWM. We've talked about that also. The fact that the IWM was lagging and it continues to lag. And whether it's going to continue to lag or not, we don't know. But that's just part of what's going on. So much of this is based on what's in the news and what they're feeding you. Well, what they're talking to you about things on Wall Street. So these are big things. Now, you know, you've got markets like Apple. I mean, my gosh, it's the largest stock in the world. You know, it's the largest held stock in the world. I don't know what the value is. I think it has to be over a trillion dollars now. So everybody's in it. You know, there are no sales on Apple and Wall Street folks. Do you know how often that happens? Not very often. It's almost like a stock that has no buys. That'll probably be PG&E after what's going on in California with the fires. Boy, that's really a really a sad situation out there. So we need to send some white light into that area. That's absolutely for sure. Okay. The next one I wanted to share with you is the Nasdaq composite because we did have something very unusual happening in that yesterday. And that is we had a gap up and we also made a new high from where we were in August, not by much, but just by a hair's breadth we did make that high. Now, where that's going to be a double top or not remains to be seen because it's still a little bit early in the program. So that's what we're watching. Now, I did already talk about the crude oil. We now, a little more than two dollars a barrel. So that's telling you that we had a pretty good move and you want to be, if you're in that on the short side, make sure you protect yourself to get some profits if they do happen to occur. Now, I wanted to bring one other chart that's interesting because this is the one that we were focusing on way back on September the 13th when we were doing the seminar in London with Tom Hougart and Dr. David Paul is we had that new moon that occurred on September the 13th and the market dropped a little more than 8% into the October 1st low. And then, of course, we went up and made new highs now. And as you can see here, there's a possibility on this ABCD we can move another 30 handles higher easy in the S&P to complete that ABCD. So we'll see. Now, what's interesting is if you look at the low that we made on the 14th of August to the high we made on the 13th of September, that was 19 days and the low that we made on October to where we were yesterday was 19 days. So whether those highs and lows come in or not remain to be seen, but we're technicians and we're just trying to find the ones that try to fit the patterns that we're looking for, try to find the easy ones. That's the main thing. There's been a couple of people asking about the natural gas. Boys and girls, I never said I was perfect. You remember yesterday we were talking about the natural gas, folks. It was in a heck of a move to the upside. And we were making ABCD pattern. And I said, be careful in here. I said, and I didn't. I don't remember telling anybody to get out. I know someone who did, who's very close to this microphone this morning, me. Anyway, I book profits. I'm the number one person for leaving money on the table, folks. I certainly am, but that market just kept going and going and then right after the last hour of trading, they made a little bit of a $3 pullback and then they exploded to the upside and we're up about another 11 handles from where we were. So if you're still in that one, continue to use a close stop, select someone that you like. Because we're up here at the majors, almost at the major 61% retracement on the daily now on that, but that's really moving. Folks, we owe that trade to Mr. Z. He brought that to our attention about three weeks ago. We were down there at 220. We did the chart work, sent it out, and it looked really interesting. But you have to leave some money on the table sometime. That's the way it is. You have to realize that you're never going to get the high tick, but you've got to be prepared to get back in some day. And I'll be watching for a pullback with a nice little ABCD structure to get us back in here and we'll take a look at it. I wanted to bring up one other one here before we get to the break here, which is the Amazon. Okay, Jimmy, thank you very much. Well, hey, it's not bad leaving money on the table. At least you're taking someone off the table. That's a good thing. They're not getting into your pocket. That's the main thing. Let's take a break. 877-927-6648. Larry Pezzavento has just started his brand new service Fibonacci 24-7 and he's already delivering content to his subscribers on a daily basis when the markets opened and even on weekends. Each Monday you'll receive Larry's written report that provides detailed commentary and a summary on the charts and videos that Larry sends out. And throughout the week, when warranted, Larry will send out via charts or videos or both the key markets that he is watching during the day. This will be up to the date active trading information that will help you in your daily trading. In Larry's first week alone, he sent out 25 charts, six videos and a full report to his subscribers in just one week. If you're a technical trader that uses patterns and retracements to trade, then Larry's service Fibonacci 24-7 is something that you must try. Right now, new subscribers can get a full 30-day money-back guarantee. 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David has been delivering solid recommendations for his subscribers recently and if you'd like to see the type of newsletter he delivers every morning, then visit the front page of TFNN and you'll find the path of least resistance under Trading Newsletters. For all the details and to start your 30-day free trial today, log on to TFNN.com now. TFNN is excited about our new software charting program, the Art of Timing the Trade Chart. In collaboration with Tom O'Brien and using his best-selling book, The Art of Timing the Trade, your ultimate trading mastery system, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, The Art of Timing the Trade charts allows you to scan thousands of stocks for Fibonacci formation setups, including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade chart is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade charts today by visiting TFNN.com. Mr. Z, you posted the chart, or posted the price of the E-mini yesterday. You said it, 46. It only got to 42 and 3 quarters, my friend. If I'm wrong on that, please alert me because I just double-checked it, and we hit 42 and 3 quarters. The reason why it's so important from my standpoint, 30, 40, yeah, there we go, there we go. Thank you, Mr. Z. The reason why it's important, John, is because my friend over in London, who we've talked about here before and did the stuff on the E-mini and things, he's had two numbers that he's been watching in the S&P for well over a year. I posted it once into the room here. I don't know where it is anymore. It's in my Dropbox somewhere. But the two numbers were 30, 44, and also 30, 52. Those are the two numbers. I don't know where this new moon in this area here. It's going to be interesting to see what happens from this level, so we'll be able to see this. Oh, listen. You know, that's very interesting, Jimmy D, that you posted that about the $600 because the Mrs. is going to do that. That's very good. Jimmy, is there any reason why you posted that? It's not a scam, is it? Because it's Chase, and we know that bank. Wow, that's really good. That's pretty good. All right, that's pretty good. All right, thank you very much. I appreciate that. I'll pass the information on. All right, let's move on to the banks. The banks must need money because they're certainly trying to get some stuff, or that's it. Well, you know, $600, $800 back for a $50,000 deposit. That is, that's an amazing rate of 6%. You know, the question is, they must really, something must be going on over there. I don't know. We'll keep an eye on that repo rate just to see what's happening here, you know, to whether that's going to happen or not. Yes, we do have our eye very, very closely on the soybeans today and tomorrow. Let's just get up here and try to take a look at what we're watching here in the beans. We're watching the contract for the March soybeans as the one we're watching. And, oh, Larry, I just posted it. What did I do with it? What did I do with it? Shut the front door and raise the rent. I can't find it. Got it. I'll have to post it a little bit later, Mr. Z. Anyway, let's, I'm looking at March beans as what I'm watching. There's one or the one that I really need to get to before that because it's really at a major level here, folks. Let me get this up to you to take a look at it. That's the shorter term. I want to do the longer term version first. I'm going to do start with the notes and get those up here. Here's where we are in the notes as of Sunday. Now, we did go down. If you did go down, you'll see here that we've been down to the 129 level. I think we tagged it by a little bit. So we're due to have a rally here in the notes and bonds. And believe me, this is an important one, folks, because of the fact that what's going on in the markets with the interest rates. Here is the chart over the last 14 days in the Treasury bonds. And as you know, we've been very bearish those for quite some time. So if we take a look here, this is really, I think it's relatively important, folks, because it shows the symmetry that you have in the bond market. I did it a little differently than the ABCD because this shows that he's even clear. Look at the move between the 11th and the 13th. You'll notice that the market rallied a little more than two points. And then it broke hard down to the 159 level. And what did it do? It repeated exactly the same thing that it did during the 11th to 13th rally. We rallied exactly from 159 up to rallied a point and a half and then boom, down again. Now, if you'll notice the last part, we're trading around 158.20 this morning. There's a number down there, folks, at 158.03 because watch that closely. Because if we hit that sometime today or tomorrow with the Federal Reserve doing their gig, watch that number really close because that's the line in the sand, folks, because if we break below that interest rates are going higher, not lower. We still think they're going higher, not lower, but that would mean they're going to go faster. So that number 158.03 in the bonds is incredibly important. We're trading around the 158.20 in change area this morning so we can make that, we can be there by the time of finishing the sentence. But watch that very closely because the symmetry here is really set up nicely and whether it's going to hold or not. Oh, the cards and letters are just coming in so fast today, folks. If you have any questions, it's 877-927-6648. And we'll see what's happening. Let me double check here for a second to see what's happening with the markets. We're doing very little. We got the bonds coming down. We got the gold coming down. Gold was able to get a little $4 rally. The gold just looks lower, folks. That's the bottom line of what we're watching here. It just doesn't look like it wants to have any friends in this area. So we'll have to wait and see whether that's going to mean very, very much or not. Crude oil has had a 30 cent bounce, not very much. We're trading 158.18. What's that number? 158.03, folks. That's a big number in those bonds. You don't have to risk more than about $200 if you're going to do that one because that's got Mother God in the country written right over the top of it. So we'll take a look at it as we go. We got the beans up just a slight amount. We'll be watching those very, very closely. They went right down to a fib point today. That number so far that it made overnight. It's only three cents higher, but that was a 61% retracement right on the money. So I've got to do this March bean contract because I just did it and I don't know why it did not come through and we are going to get it through because we are also sitting at a really interesting number in that March beans that should be able to bring up to you and let you folks see it because Mr. Z spends a lot of time talking. There it is, there it is. Here we go, Mr. Z. Here's what I'm watching. I just bought it last night just a little while ago that I'm watching the March beans. They got down to 942. The 382 retracement. You see we've been here now for three days at the 382 retracement. At this particular spot, you don't have to risk very much at all. Now, this is interesting because you'll notice the red box on the left. You see how it's very similar to the red box on the right. Well, it's out of that red box now and we're now at the proverbial moment of truth. In other words, this thing has to stop now from going down. So you're trading a contract that's worth about 50 grand and you only have to risk about $300. So that's the ideal situation because if it holds this 382 at 942, that tells us that you have a very, very low risk and then you're going to see whether the darn thing is going to have a chance to route it. So that's how I'm following. I don't know what the upside is. All I know is the chart looks bullish. It's been in a really tight consolidation for well over two and a half weeks now and this is a very, very low risk area. So it might not work, but that's the kind we're taking a look at. I don't know if that's what you're doing, Mr. Z, but that's what we're looking at here. So let's take a break. 877-927-6648. The investment is anywhere from $30,000 to $75,000. The interest paid is 7% yearly paid on a monthly basis. According to bankrate.com, the best rate for a four-year CD in the country as of February 20th is 3.1%. A $50,000 investment at a normal four-year CD rate of 3.1% would give you income of $1,550 per year, or $6,200 over the four-year period. That same $50,000 investment in the Tiger First mortgage program would give you $3,500 per year or $14,000 over the four years. What should you prefer? $6,200 or $14,000 of interest on your investment. If you'd like more information about the Tiger First mortgage program, you can call me at 877-518-9190. That's 877-518-9190. Tom O'Brien has been writing his weekly gold report for almost 18 years. There's no one that knows more about how the gold market trades and how gold mining equities react. New subscribers get a 30-day money-back guarantee so you have nothing to lose. Every Monday morning, Tom publishes his weekly gold report with coverage of gold, silver, bonds, the XAU, HUI, GDX, the dollar, as well as more than 30 different mining equities. As of September 3rd, gold report subscribers have five active open positions with an average unrealized profit of almost 38% for each position. To see for yourself the types of profitable trades that are recommended within the gold report, sign up today by visiting tfnn.com. Will the S&P 500 continue to climb for bold trades on U.S. large-cap stocks in either direction trade SPXL, SPUU, or SPXS? Directions daily, S&P 500, bull and bear, leveraged ETFs. Direction leveraged ETFs. An investor should carefully consider a fund's investment objective, risks, charges, and expenses before investing. A fund's prospectus and summary prospectus contain this and other information about direction shares. 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They're asking me why. I know I have the soybean chart up, but I've already talked about the soybeans. I wanted to switch over to the gold just to give you an idea. Folks, let's just review the gold for a second, OK? OK, hold on just a second. Let's just move on here. Let's get up here a second here. We'll get here. We'll look here. Yeah, I see that, too. Hold on here. The FIM numbers work sometimes, but look at this hanging man pattern, folks. This is the one. You've got five of them up here that are very, very clear. Each one of them led to a pretty big correction. Now, this one's important. Because you remember we were $32 off of the bottom that we had at $1490. That was the end of the 135 pattern. We called it important support. We sent out several emails. We sent out a video on it and the market rallied to $32. We were on the air here, folks, on Friday when it was making $22. Because we talked about the fact that it was up one half of the harmonic number in gold, which is $6. Half of that is $32. And that's where we were. And it stopped right at the 78% level. I didn't even mention the fact that it was also a 61% retracement of the high from the mid-September. And it was also a 50% retracement for the high on September the 3rd. So we had three major ratios occurring. And now, we look where we're trading. We've been down to $14.84 so far, $86. And this tells us the little bounce that we had last night was only $9 up to $14.96. And we're trading at 87 now. This is not a bullish chart, folks. That's the bottom line. This was not a hard chart to do. We walk through this every day. That's one of the things that I send out every day is a video on gold. And usually one or two emails on it because it's such a good one to trade. And the same thing that we look at with the crude oil. It's the same type of a thing that we're looking at with that. So whether that means anything or not, I don't know. But the good part, folks, nobody else does either. That's the main thing. If you have any questions, it's 877-927-6648. So let's see what we've got going on here. The markets double check here to make sure. Oh, someone asked me a question about the platinum. Platinum did pretty much the same thing. You'll notice the platinum went up. It didn't quite make the 61% retracement. It only got to the 55% retracement of the high. And then what happened was probably did make the 61% retracement of the September high. But I don't trade platinum too much. So that's what the pattern is. I don't know anything else about that. OK, Mr. Z said something about the LCJ. That's April of... Oh, the currency is good for you, Marshall. Thank you very much. We really need to cover that currency because they're in this really tight trading range. We'll start with the US dollar because that's 53% of what the euro does. So we have had this nice little rally here. Let's get it up here so we can take a quick look at it. You'll notice that we've got the dollar index is rallied up to... We made it higher high again this morning, 57.65 or something like that. So we're up about five days here. Very shallow rally. Nice one, though, off of the 61% retracement. Exactly at 97. We were on the air talking about that because that's when the euro was trading at, you know, that magical 1185 ever. So that's all they're doing. It's hitting those things. Let's take a quick look at the euro again because that's 53% of it. And you'll notice that we're coming down and that's what we sort of been expecting here in the euros to get it down and in this area of around the 110th level. I haven't had a chance. Let's just get another question coming in here. Oh, we got a caller from Florida. Bill, are you there? I am, Larry. Good morning. Good morning. What can I do for you, my friend? So, Larry, on the 30-year bond, you called sort of a bottom this morning or last evening. And, boy, it really came right off of that and went up almost an entire point. But now it's heading back toward that level. So we're thinking maybe if it breaks through that 1508.03 that we're heading further south and rates are going higher. 1508.03 is so important, Bill, that it's just incredibly important. I don't know if it's going to make it where trading. We're only 14 ticks away right now, 148.16, so we can certainly do that. But it does have a bullish bias from here only because it's so oversold. That's the real key. It's so oversold that you have to be able to protect yourself in case it just keeps falling and falling. And nobody thinks that can happen because everybody believes that negative interest rates has been a good thing. And I think it's been a... Well, I'm not going to say what I think. But anyway, it's not been a good thing, in my opinion. But we stop and think that France and Spain and people have negative interest rates and we're paying 1.8%. Something's not right with that picture, my friend. No, I agree with that, Larry. But it was a great call. I mean, off that level this morning, I mean, it went up almost an entire point. It would have been a wonderful trade, so... Well, for the shorter-term trading, yes, that is certainly due. Now, if you're looking at this on a daily chart or weekly chart, it really doesn't mean much. But Bill, that 1.5803, that means something. That really does mean... So that's the equivalent of the gold at 1.1565. That's how important that number is down there. And we're getting there closely. If it breaks that level, you'd be going short. No, no, no, no, no. No, I can't do that. Bill, the number of times I sell weakness and make money, you can count on the right hand of an amputee. I mean, I just don't do that. But I have to wait for a pattern to do it, and that's what I shoot for. Okay. I hope that helps, buddy. Thank you very much. You bet. Okay. All right. All right, folks, we have to get the flag out and salute Mr. Z again. We've got the soybeans are smoking and joking. They started to move. Hit that fib number down there, and they've moved about those seven, eight cents right off the bat. Good job, Mr. Z. We love you here in the room, buddy. You sure never let us down. So what a nice call that was. If I were in that trade and I happen to be, put your stop at your break-even point, and then you will not have to worry any more about it because it looks like it's ready to have a pretty good move. No matter what happens today, you cannot lose in soybeans, folks, because if they give you a lead like that, your risk can say six cents, and they gave you eight cents. I mean, you don't want to risk 14 cents. So put your stop back to break-even because these markets have a tendency to react quickly when they do, and you want to be able to protect your backside because that's the only thing you can control when you're doing pattern recognition swing trading, and that is to protect your backside. You never know what's going to happen next. You're always going to leave some money on the table. You're always going to make mistakes. You're always going to be wrong, but in the back of the mind, you know that when the train leaves the station, you'll have a few bucks. 877-927-6648. Let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastering Probability, and for the last 12 months, Timer Digest has been tracking my newsletter signals which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, 6, and 3 months. Timer Digest also ranks me as the number one market timer for gold as well. The fact is, markets can be timed, and I'll teach you the exact set of tools that I use that has transformed me into one of the best at what I do. Sign up for Mastering Probability today by clicking on the newsletter tab on the homepage of TFNN.com and get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide great market calls too. Sign up today. If you haven't checked out the newsletters page of TFNN.com, what are you waiting for? All of the TFNN newsletters are informative, up-to-date, affordable, and a must-have for every trader looking to gain a competitive informational edge in today's markets. TFNN newsletters cover every aspect of the markets to offer you the very latest in market news. Plus, new subscribers get to test drive our newsletters risk-free for 30 days. From all aspects of the markets, including stocks, bonds, metals, commodities, and tech, there's a newsletter to fit your needs exclusively from TFNN. Stay informed each day you trade and get the competitive edge that will help you stay ahead of the game. Visit our newsletters page by going to TFNN.com and click the newsletters button near the top of the page. TFNN.com, educating investors. Since 1984, Basil Chapman has been using the Chapman Wave methodology to advise traders of his expert market opinion while originally hand-drawing charts from the late 1970s into the 1980s. Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply. Later, Basil found that computer software which included the standard market technical indicators enhanced the degree of accuracy in calling price turns as well as market trend calls. Thus was born the Chapman Wave sequence. Using the Chapman Wave methodology along with other indicators, Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter. Right now you can get a two-week free trial to the opening call, Basil's daily trading newsletter, by visiting the front page of TFNN.com. Cancel at any time during that trial and pay absolutely nothing. Get your two-week free trial to Basil's newsletter of the opening call today by visiting TFNN.com. Folks, we got some good information from Mr. P.S. Thank you, Patrick, for letting us know that it looks like Monday is going to be the Aramco IPO and the news is they're out beating the bushes to get in secured investors, so we'll see what happens. We've been at a really tight trading range at oil from 66 to 51 and I heard rumors they were trying to get this above 64 for the, what you call it, but it takes a lot of people to move that oil market, folks, and we'll see what happens. Anyway, we did complete that ABCD. We backed off $2 a barrel in crude and whether it continues to rally from the low they're made today, which is only rallying about 30 cents, but we'll see what happens with the crude oil. Remember, we're going to have our good friend, hopefully Bill Meridian, here on Friday, Stan Harley still recovering from the flu, so we'll have him back next week and that'll be always good to have Stan on. Stan had a really big day forecast here for the, I think it was the 26th of October or it couldn't have been that, that was a Saturday. It must have been, I think it might have been yesterday. He had a day that was supposed to be, well yesterday was certainly big because we had a big move in some of these things. So we'll pay close attention to know what, we'll see what's, you know. Anyway, let's, that would be good. It would be nice if your folks let me know who else you would like to see as any guest that you might want to have on because I try to get as many diverse opinions here as we possibly can. You want to listen to this old cowboy all the time gets a little boring looking at ABCD. Reminds me of everything, every day Mark came into the office he would always say another day for ABCD and that's what we look for here at Trading Tutor and TFNN. So that's about it boys and girls. Let's live every day in the attitude of gratitude and we'll do something nice for somebody today that has a lot less than you and we'll see you on the flip side tomorrow and probably on a higher opening. So looks like we're heading up to that 30, 50 level 877-927-6648.