 The following is a presentation of TFNN. The Tiger Technician Hour with your host, Basil Chapman. Call now, toll-free at 1-877-927-6648. Five to one thousand jack, but we're on this do-thing. November 23rd. Just let's see, 23rd, then you get the 24th, and then you get the 25th. Interesting day coming up here on Thursday. All right, let's go to the markets. We're looking at the Dow. I'm looking at this as if to say the Dow has a chance to just have a little bit of a rally to play catch-up to the upside after being down so severely. Going from 36,565, where we said that doji candle looked like it made a top, and we played it that way. We had this H pattern, lowercase H pattern that went to the lower low, and you went to a one-to-one to the downside. It dropped to the 35,555 area. I believe it was, yep, 35,555. And yesterday's low was 45. So that's an egg seat to the downside. Time to just attempt a little bit of a rally, but most importantly, the Dow is up 51 and 35,671. My suspicion is that we've made some kind of a top. I know a lot of people are not talking about this, they're talking about higher highs to come. In this period, I think maybe a little later on, maybe a few weeks' time, a couple of weeks' time, we'll get a very strong bounce. But in the meantime, what I am looking at is the Dow is up only 41 points. The S&P made an all-time high yesterday. I didn't type that in. Let me do that right now. Yesterday's high. Well, actually I had typed it in, but I had to shut down and not say 47,43,83. 47,43.83, I think that's correct. Let me just check that again. I lost that in a few seconds there, right? 47,43,83, correct. And I'm not making you read, I'm just saying, there's a chance now that we're looking at that spiral to an E with technicals. Look at this. I love to do this. It's only good for a few moments. But look at this. The high that was made at 47,18.50, right there. I was at the 7th. On the 5th. On the 5th of November, all-time high, two Dow G candles pulls back to the nine-period exponential moving average. Remember, I've been talking about this for some time. I've been saying until the nine starts across the 14-period moving average, that's usually very good action. Well, we went to a higher high after one, two, three, four, five, six, seven, eight, nine, ten, took 11 bars, and then pop, goes to a higher high. And then we had that. And I'd say to subscribers to my opening call yesterday, watch out for a sudden intraday reversal. We've been planning on that. 47,43.83 was the high yesterday, all-time high. Look at the technicals. I think it was already turning down. Stochastic wasn't 80%. Now it's at 70%. On balance volume was already turning down. What I had said was that the nine was still above the 14, and even as we speak, that's still a good sign. Aha. Wait a minute. The weekly chart went to the inside track reversal area and has pulled back a touch. It's a weekly chart. We have to wait until Friday to close at four o'clock. Are we open here? I think markets open Friday. I believe we're not open Friday. Anyway, I'm taking the day off Friday regardless. We're family here. That's my opportunity. So the S&P's down six at 46.77. Really interesting. Why? Because look at the QQQ. It's the same thing. The high that was made at 400.99 in the 5th of November. All-time high was a peak C. I said, no matter how I counted, I can't make that. I can't make it anything but a C. And there should be a D to come. Well, yesterday we got that D at 408.71 here again. The MACD was way stronger back on the 5th of November than it was yesterday. Stochastic has now gone under 80% to 78%. The on-balance volume is still very good. Pull back. Nine period moving average. Still fabulous above the 14 period moving average. But there's a chance. And we're playing it for my subscribers to an opening call. There's just a chance that we've got something going on here that's a little different. And what do I say? Normally, bottoms are made in unison within a day or two. You get a very powerful bottom. And one of the reasons is that you get this huge move up in the volatility index, a hysterical move. And that just says, you know what? I'm done on the emotional part. That's how the gauge of the VIX index is basically interpreted. And I'm going back down. This is the VIX speaking. At the same time, you've got a low in the market. But tops are made sequentially most of the time. Short-term tops and very often major tops are made sequentially. They don't come at the same time because they've all got different ingredients of strength. They've got different ingredients of weakness. And as it comes together, so each one pulls back in its own time. Well, the volatility index, and Nick, you want to know more about it? Basil, would you please go over on your program, your views regarding the VIX possibilities, extending leg B. Thank you very much, Nick. So Nick, what I'm going to say to you is, yes, it is a leg B. But the speed with which we've gone from 14.73 quickly to these 19.90 high of the 10th of November kind of achieved something. Not everything but achieved something, mostly to do with the Dow and the Russell 2000, even though it actually comes from the New York Circus Exchange and the options on futures, et cetera. But look at this, the next rally, which went from the 16, actually just 16.03 on the 16th of November to today's high of 20.84, comes from a different source. So let me just do this real quickly. I've said, let's try to think of Vixi, Dolly, Bondi and Goldi as separate entities. There's a moment where at least three out of the four come together, but at this particular point, look what we've got. We've got the volatility index telling us that now we start to make higher highs and higher lows. How do you trade it? That's something completely different. And I usually say, look at this, the UVXY is barely moved, percentage wise, and if you had options, that's a big move. But it's now down 8 cents at 16.22. It's really tough to play the volatility index. And I've decided over the last, wow, quite a while, a couple of years now, that we seldom actually go there. And one of the reasons is you could time it perfectly for a market pullback. And the VIX just doesn't do a thing. You can time it perfectly to say, I'm going to wait. And suddenly out of the blue, the VIX has a big day. It's just really tough to play. I mean, the UVXY. So as insurance at 16.24 on the UVXY, that is the ultra VIX short-term trading vehicle, brochures, I'm just going to say, you can play it, but you've got to have both patience and money, because you could be absolutely correct. And the thing just doesn't budge. And then you can just say, I've had it. I'm selling. And that second, I've seen this happen within seconds of you getting rid of the volatility index trading vehicle as a trading vehicle, whoosh, it suddenly takes off. So all I can say is when you're talking about timing, you need to have specific timing models. I have timing models, and I still don't like to play the VIX. I would rather be playing two or even three times the short positions of an index, because I don't feel that I can handle it well, but I have a better understanding. So your timing has to be absolutely perfect. Goodbye again. If you have a three-point stop on the UVXY, I think you're going to do very well, but that's big. 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 market's 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 That's right. Information. Having all the information gives us the perspective we need to place the right trades at the right time. The TAS Profile Scanner is the premier market-profile-based scanner. 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Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be. TFNN Educating Investors Hi folks, we're back. What I was saying is that some very good comments in the den. One of them is that you've got to understand you're dealing with contango. That's the numbers that are out of months. Is it lower or higher than the present price, etc. And one comment by G7 that was made that I really agree with is that if you can do it, rather use the options because it gives you time. You don't have to worry about intraday swings. You just say, this is my price and if it goes to a certain level, come out or at least I'm sorry to take some off, that's a much better way to do it. So if there are $16 call options I would even go to December. In this case you can't do November, we're done last Friday. But I'd go to December. I wouldn't even go to January. I'd go to December one at a time see if there's going to be a sell-off in the next few weeks that really hits the VIX index. All right, let's go on. I wanted to show you. So gold has pulled back very sharp. You remember, I don't want to go through it again. I discussed this camel-double hump. MacD and stochastic pattern has worked out well. Yes, we're still long for subscribers to an opening call of the GDX. But most importantly, we're looking at this peak and the continuous contracts of the price is going to change. The high of the 16th was at 1879.5. It's trading right now at 17.87, almost 100 points lower. Is that correct? Wow. Yeah, 90 to 100 points lower. And I've got the support that I said was that right, I said between initially 18, as we were coming down yesterday, I said 1815 to 1803 because the 200-period moving average is at 1806. But in fact, it could go a little lower. But if it takes out 18, I think, oh, it was yesterday, so I'm not sure. I thought I'd say 1785. We did go lower this morning to 1783.9. The reason why I said that is because if you look at the weekly chart, let me just discuss this. There's no rush today. We're just everything will take our time. There's a Chapman wave pattern that I call the inverse falling ax. That means you've had it from the lows that you can make a straight line to the downside. And then you can say, oh, nice reality. You're making higher lows and much higher highs. And then there's a turnaround. The turnaround goes not to a peak A or a B for the dreaded H pattern. But in fact, it goes to a C or a D. And at that point, you start to build out of my theory of this particular pattern, I haven't kind of inverted it yet for the falling ax, the regular falling ax. Let me just show you the two patterns. Otherwise, we're not talking apples to apples. So this is the pattern that I used to use initially. It was the pattern that I said, looks like a falling ax. He has the ax handle. He has the blade. The expanding blade looks like a cone, expanding cone. And then all of a sudden it makes lower highs and much lower lows. And then suddenly it finds a base of support and it breaks out and it takes out that trend line resistance. And that becomes a propellant for the upside. You can go in the same number of bars, but most importantly the same angle, degree of angle towards the left side high. And that's how you test the left side high is most important. Well, it turns out that you can also do it upside down. Look, you can do this. I just turned the whole slide upside down, even the lecturing is upside down. You come down, down, down, down, straight line. And then you go to higher lows and much higher highs. My real thumb is that the dreaded H pattern, the one that looks like this, is when you come down at a peak A or B, you make a turnaround and you take out that left side low. My theory though is that when, in fact, you come down after making a peak C or a peak D because you've had so much strength, it raises the base of support. And most of the time you might touch the left side low, but you don't usually break it or don't close below it. If you do, that's very serious. Well, the gold contract weekly did exactly what we were planning. It said it went up, it went up and it pulled back. It took out the support line and kabob. It went down and it just broke that left side low but then it quickly shot back up. And then what did it do? It took its time and time, time, time. And then it broke above this trend. This trend line is now so important. Think of it that way. Let me just, no, I won't do anything yet. But what I am saying is that I was basing it on these moving averages here. Now you can see we've gone under at 1788. We're at right now, $17 in gold. That makes this whole area strong resistance. So we've gone from an arch formation to a second arch formation. The lower case H has gone into a lower case M. How does it hold support on the right side? Does it take out key support levels? And now we're looking at this support level right here. 5th of November, 1758.5 in the continuous contract. The first of October, the week of the first of October, 1721. Now I can draw a trend line. Oh, sorry to get messy. I don't like it, but I've got this as teaching tools. So I'll keep it even though it's messy as long as I explain it. And that says you've got a trend line here. You've got the Chapman Wave inside track. There are pro-palant zone. If it takes it out, that is really negative. Right in here is where gold needs to make a stand. It needs to show support right on this line. And that can go to this week. The line goes down to 1771. That's 18 points from here. So this is a very critical moment for the gold. Now what I had to just, I'll do this very briefly, is that the gold market vectors, gold minus ETF, the GDX at 32.56, up 44 cents, had a high of 35.08. I should just mention we're along from the 30.74 area. So two points is not the same as it was 10% now. So that's about 7.5%, 8%. But look at this doji camera. It's attempting to find some support. And that's going to be really important. This particular pattern is going to be a little messy. I don't care. There we go. From the slope, 28.83, look at how many times we've hit exactly. Look, from the low on the 27th of September, we hit that exact low about the 3rd of October, higher low, then exactly to the penny right there, the trend line support of the 3rd of November at 30.96. And that says, watch out. Now I can do this. I can make this red. I can make this green. And in the Chathamway methodology, got another very simple tool. Look how quickly that took about 20 seconds. And here we are. We've got our support level. So on a daily basis, you've got today, it's 32.37 and 32.20. By tomorrow, it's rising. So it's a little higher. This is the area now that has to hold and start to see some kind of a rallying goal. Let's look at Silver. SI, Silver is trading. Elizabeth. Well, was that show that I used to watch years ago? Elizabeth, guys, to put his hand on his heart. Look at that. Silver is down 3.59%. Down 87 cents and 23.42. That is, that is, look at this. You've taken out any support level you want on the daily chart. You've taken it out on the weekly chart. This is ugly. And Silver has this way of looking a little better than gold sometimes. And then all of a sudden turns around and looks terrible. I'm looking at this and I'm saying, let's now be careful. I think the dollar is actually the leading even though it's in leg deep. I'll be back in a moment. We've got a bunch of questions coming in. And I will have to move this away to see what the question was. Yeah, Sanford and Southern Rim with it. All right, I'll be back. That was on 18. Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with? Become an Apex creditor in the trading markets and join the Tiger's Den Trading Room only at tfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows. Interact with other Tigers and Tiger's as they share trading ideas, news analysis and discuss the market action all trading day. 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We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade charts today by visiting tfnn.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. Hi, folks. A couple of technical questions that I usually do on Friday came in. I'm going to deal with it right now. This is such a critical period. As far as I'm concerned, I'm talking about that for about two, three weeks now, so I may as well just deal with it right now. So, all right. Is Nikkei in the Chapman-Wade methodology the typical or perfect drop-bucket pattern? Yes, it is. It's like the dreaded H, but upside down, it's the reverse Y, and we got to the test of Nikkei. 179.10 was the high, around about the 5th or so of November. It pulled back under the 14-period moving average, which meant, and I didn't do this. I did type it in red, but I should have put the down arrow, which meant that it went to, in the daily chart, to a cell mode. Not the weekly. The weekly still peak D in holding and leg D in the monthly chart at an all-time high. 179.10 high, but then it made a cup formation, and the cup formation I can find it right there has got the the reason why I call this the drop-bucket pattern is it looks like a backhoe. Look at that long arm of the backhoe. There's the bucket. It lifts up all the gravel and everything, and then it just dumps it. So, I nicknamed these things. That's why none of this will ever be in the, in the future, which they should be, because I nicknamed them. If I gave it a very sophisticated title, it would be everywhere. So, no, no, it's the drop-bucket pattern. What is it that? That's the double-top pattern. The failure of 179.10 on one side, 177.75. Magdies week, Circassics, very weak on-balance volumes pulling back, but I developed another tool that said, wait, before you get carried away with this particular pattern, there are things that you've got to consider. And in this particular instance, look, the 9 is still way above the 14, and that says it's inner strength, and until that 9 goes sharply below the 14, and that would say that 90 is trading under 168, probably 167, probably has to even take out the left side low of the 11th of 166.63. It's only a weak name, a drop-bucket pattern, but all the ingredients are there to say, be careful, this is starting to show signs of weakness on the right side as opposed to what it was doing in life. I hope that answers you. Number two is over the past, Basil, over the past let me see if I can read it. Over the past two weeks or three weeks, you've been talking about a lot of these patterns based just on the Chapman methodology, but not on other technicals to give sales signals and it looks like you've hit quite a few. Okay, so I'll talk about that. I don't really want to talk about it right now because we're still in the process, but you know what, you ask the question. I-N-D-U, I-N-D-U. The Dow on was it three, four Mondays a-one, two, three Mondays ago, I think it was, on the eighth of well, can't be threes, it's two. Yeah, but whatever it is. On the 11th of November at 30s when the market had a sudden early morning spike. I said, we're going to go short the Dow. We've been long, but now we're going to go short on the short term because we're still holding our core position long from way back last year at about 211 in the diamonds that traded at this point, actually, they traded at 360, so 350, something, 356. And I said, we're going to go to the short side. So we got that within 40 points of the all-time high and we pulled back sharply. We just got stopped out and then it tumbled. So, yes, we were right, but no, we were wrong. We were right in the sense of the timing, everything about it. I said, the MacD's is good. Everything about it except the fact that I believe that the candle is almost a doji candle the day before. Leg F, I'm calling it. Everything about it looks like it's an F. My 120-minute chart is getting overboard. That's what we wanted it. So, yes, that was a perfect sell 40 points from the 36,000 565 high. And then I said the Dow is now in a sell mode. It is at the moment still in a sell mode on the day. It has only just turned down. I can't even talk about it until Friday at four o'clock. I don't know where it's going to close, but so far it hasn't given me a sell signal yet. All right. So, it's just daily short term I'm talking about. The next thing was I actually wasn't the next thing. This was the first thing. You remember Crude Oil? We went short perfectly about a point and a half with two points off the 85.41 October the 25th recovery high and we had a nice straight there, but we got stopped out there again. The stop was maybe a little too tight we got stopped out. We still had a nice gate and now that Crude Oil is trading. It had 75s and now it's at 0.75. So, it's eight nine points lower than it was and it says to me that Crude Oil is in a big consolidation. It'll get a deeper consolidation if it closes under 73, but right now it's more in a sideways slightly lower lows and slightly lower highs pattern as we speak the arch formation in the weekly chart. It does look like I'm going to be able to give an upgrade to it based on the weekly chart but we haven't got the yet. Next thing was let's see. So, the QQQ 123 on Friday was it Friday? Yeah, on Friday because of the doji cannon on Thursday leg D and the fact that I was looking at the magT here, the left side, right side said that the height was made at 400.99 also on the 5th of November. I'm pulling back quite sharply but then so I'm going to recover with the Chapman falling axe breakout and the cup formation said there's a chance we could go a little higher but we wanted to go short on Friday the Q's where the inverse which is what we did and yesterday we got stopped out but I said we're going right back in and we got back in and we are short the QQQ right on the day of the high at 408.71 that's when all that activity was and we are going to try to stay short at least for a little while and now the Q's are down 3.22 I didn't really want to question came up but disclosure what can I say I'm going to get rid of all this because it meant all the criteria we're looking at removed and now what we're looking at is within the context of the QQQ Indi-X100 is this a leg Jesus the same pattern I was talking about before that the same as the S&P back in the summer of 2007 that big rally that no one believed in October that gave us just a fantastic cell signal with just the two peaks to the upside one peak to the upside the same double camel hump activity I don't know all I can say is that the Q's on any basis are a little bit overbought whether they become sharply overbought in the sense that they start to follow the other industries like the Dow and then the IWM will see soon enough because the MACD in the weekly chart is still very good and the stochastic is flat at 91% on balance volume didn't make a little double top so it's all up to the chart at this particular point and the monthly chart is still very strong so all I can say is we will see soon enough whether or not this is going to be activity that so far between yesterday that sudden sell off after making an all-time high at 408.71 and today's continuation to the downside whether I'm correct or not we'll do the same thing with the SMH semi-conducting index down to 0.02 with our short position on Friday let's go Are you in the market for buying or selling real estate in the Bay Area including the surrounding St. Petersburg Tampa and Clearwater markets Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels from the price you should be paying per square foot in certain up and coming areas cash flow investment properties are capable of creating Tiger Real Estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future call Tiger Real Estate LLC today at 727-329-8322 or email us at Tiger at TFNN.com that's 727-329-8322 call us today The technology around us is changing every day with so much happening it can seem impossible to keep up with all the information David White's investment newsletter the Technology Insider is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future David White has made his living staying on cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks as well as entry prices, target prices and stops to set for each trade Dave delivers his weekly newsletters every Friday with updates throughout the week You can get the Technology Insider at TFNN.com for only $37.50 Sign up for David's newsletter the Technology Insider and get an inside look at everything the technology sector has to offer Try it risk free today with our 30 day money back guarantee 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 DirectionInvestments.com slash Biotech today 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 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 Four Side Fund Services LLC Looking at this, as in the SMHs we have not closed we've had ugly candles back in October but we have not had a candle like this we've actually closed at the low there's one right there It was within a day or two of the low 249.35 Back in August having gone from August 1st, 271 down to 249 what is it? 27.67 129 30. Yeah. Yeah. Something like that. That's a big move. So I'm looking to see is this going to be something like the same all of a sudden we get a big green, green candle tomorrow or the next day. Well, I don't know. All I can say is that so far, if you do look at this, I guess I should have shown this earlier on, look, the 120 minute chart made yet another peak D right there at a high. The Q Q Q made a peak. Oh, I had that in. I had it. I forgot to re retype it. I had it in yesterday. And then I for some reason, I haven't got my automated numbers, you know, that I have in some of my in the program that was written for me by late Herb Brut. I just I don't know what happened. And I tried to save it. I couldn't save it. I tried to put it back and I haven't been able to put it back. That's this right here from my subscribers. I'm opening call. That's the 120 minute chart had the Chapman automated a support and resistance lines, just like you see right there in the in the daily chart. But I don't know what happened. I haven't been able to get it back. And even when I went to one that is automated, and I turned into 120 didn't want to do that. Oh, I don't know what's going on. It isn't a big problem. Because I'm not even sure how to even fix it. But there's the QQQ, PQF, look at that beautiful turnaround back into the rectangle formation. Look at the what did I want to show you? I mean, oh, gold, look at this gold goes all the way to a peak D right there that makes makes this arch formation. The rectangle formation can last a lot longer than your patients. Look at this, look at this. And then suddenly it takes it out. And bam, it goes all the way down. And now it goes down 20. Dollar was going higher, and it was short. Oh, I haven't got it notated. I had it notated. That was about A, B, C. That was a D right there. And that was an E. And it's an E. Oh, that's an F right there. So the dollar is saying on 120 minute chart getting a little bit toppy just on the 120 minute chart. And we go on from there. And that just goes through with so many of the different patterns that we're looking at. So I'm kind of cautious, you can tell I'm kind of cautious. I've been taking we've been taking profits in some of our positions, raising stops, I'm not taking a loss on something that has a gain, we just get out of break even at worst, just not prepared to do that. Now what's really interesting is look, a is Agilent Technologies, we've been in since 70.69 back in April of last year, taking lots of little bits off. But on this last rally, even though it would have been one of the best gains, having gone to the 165.68 level with an open round number of 165 on the 22nd with a red candle, and then all of a sudden, in today, there is this is crazy. What happened was in today, good news about earnings and everything about this is in scientific solutions for labs and businesses. And what's happened lately is that when stocks are running, because they have so so called good good technicals, they could have good earnings potential, when the earnings come out, because they've rally so sharply, they pull back. Well, this pullback six, almost 7.256. The load today is 153. And we are still long. I don't know what to do right now. There's a chance we're going to start getting rid of some of the stocks that are being fantastic. I just don't know. I need another day or two. So with that said, yes, in the dead, I will look at ePam. But at first I have to go to, I'd like to go to Mark and Ford Collins. Mark and Ford Collins, how are you? Hey, Basil, we talked about this, I think. And you said to call back maybe this week and are looking at square and I'm looking for support in the mid 190s, like that next left side low. What do you think? Or low 190s almost? So, you know, there was a stock, I believe you and I spoke about this a long time ago. In fact, I wasn't even going to talk about it, but you just brought this to mind. Do you remember there was a stock DKNG? And that is draftings. And I said to you, both of us said everything about it should be so good. Why is it acting so badly? And then when it made that peak D in the weekly chart below the peak F that was up in the 74s back in something like March or April, had a sharp pullback under 40. And then it went all the way to the 64, 65 area. And I said, there's just and started pullback. I said, there's just something wrong online gambling. For goodness sake, surely this should be doing fantastically. I mean, everybody's doing. I suspect that between Bitcoin and between Bitcoin and probably I don't want to say something out of turn because I'm really just guessing. But between Bitcoin and gold, all those people that traded short term, this is kind of the stock that I think a lot of those people, especially online gambling, this is kind of in the meta in the kind of vernacular that they like. And I suspect that the gambling for this particular draftings format is just not working out. There's just too much other competition in the world of gambling. And it might even be it might be because of gaming. If you look at Roblox, RBLX, typed it in the wrong place, give me one second here, RBLX. I mean, look at that big move that it had to peak E yesterday. It's been performing very well. And I suspect that there's just at this particular point too much comp. Oh, I was going to also mention nearly forgot the stock market is also in the same spectrum. So I might be right off the wall because I don't have any proof. It's just my gut feeling. I think they're having a tremendous amount of competition elsewhere. It's not internal. It's elsewhere. So all I can say is that that was the analysis that you didn't ask for. But I wanted to put it into the pie and say, well, wait a minute, if your theory is that the stock that has everything going for it is not working, then what's going on? Well, square point of sale, suffering, managing receipts. I think that fits exactly to that same area. So if you want to hold on one second for the break, I'll talk about it because I think we're getting close to where that'll be the big moment to see whether or not square ink is able to hold support or if this is going to go time. Can you hold? Yep. 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. 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The target first mortgage program pays 7% per year, paid monthly on secured, high-value, billable properties in St. Petersburg, Florida. The investment is for four years paying 7% per year or $7,000 per 100,000 invested. Your investment is secured by high-value real estate in St. Petersburg, Florida. Your investment can be anywhere from 100,000 to 500,000. Do you want to make 1,000 per year on 100,000 invested or 7,000 per year on a secured, target first mortgage? The target first mortgage program may be just the program for you. The target first mortgage program pays 7% per year, paid monthly. For more information, you can call 877-518-9190. That's 877-518-9190. What I wanted to say, Mark, is that Square has made this arch formation, beautiful peak here, 289.23 back on the week of the 6th of August. Then it made an arch formation after it pulled back to 222 and it ran up to 270 and a peak see with a long-legged doji count and then it just tumbles. So the dreaded age pattern has gone to a second iteration. I'm just going to say why don't you hold off? Let's look at it because it's coming to the 202-190 and that's just so key. If it breaks under that at any point in the next week, all I can say is there's just something very wrong. I hope that helps you. Yeah, there's a lot of left side low points right around the 190-192 area and then there's a big candle back on 1102 of 2020 that has a high of 201. The trend line support in the weekly comes in at about that 195 area. Let's see what happens. I wouldn't rush right now. Hey, thanks so much for calling. Thank you. So folks, E-P-A-M, I had a question in the den about an E-P-M high battle several weeks ago. You reviewed E-PAM and now it is hitting lower. Where would you see some level of support to answer again? So this is the same as squared, made a peak D in this case, 725.24 and I can't remember. E-P-A-M Systems Inc. And then it's made the arch formation. I called that a phantom C so that it went to the D and now we're looking at the key support of the gap. I'm just going to say to you, hold off. It's the same as squared. It's got the arch formation. Just hold off. I would not be rushing and I needed at this particular point to also talk about because a number of people asked me about the R-Rivian had a big move from 95, 25 low, the IPO. Five days later or four days later, it's hitting the 100. It's unbelievable. 179 area on the 16th and now it's pulled back. It's at 140. Remember what I said? Treated is almost like an option. Every time it makes you some money, take that money off and build up a kitty because at some point you're going to have a much better run but at this point it's way to volatile. Folks, stay tuned. We've got great programming coming up certainly with all the line up that we've got. Stay tuned. I'll be back with Tom at three o'clock this afternoon and thank you for