 is a presentation of Tee. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll free at 1-877-927-6648 internationally at 727-873-7618. Let's go to Eddie and Bookarton. Hey, Eddie, what's going on? Hey, Tom, how are you, man? I'm doing great, man, yourself? Good, good. It is a treasure to have TFNN every hour during the trading day to be there, to help you, to guide you, and even to give you some peace of mind or like that somebody else is there with you while your training is crazy market. These are up or down. Well, listen, we appreciate you growling problem with us out here because we wouldn't be out here, folks, if we didn't have all you guys, gals, tigers and tigers as clients. And the market teaches you every single day, man. Now, folks, this is Jacob Shoup. I'm filling in for Tom O'Brien today. Well, we got a lot going on. We have Tim Ward. We have Larry on next segment. Let's take a look what we have going on. So we're awesome pop-ups today. We have the Dow futures up 1.64%, 34.950. We have the ESMini up 2.12%. We have the NQs up 2.23%. The Russell up almost 5% today. We'll talk about the bonds in a second here. The gold contract, gold futures up 1%. We'll take a look a little more, as I was saying. With the dollar coming down, which is really what we're seeing today, right? CPI was good. People are seeing that interest rates may be at their top, and they're going to come back down a little bit. Obviously, I have the bonds popping up quite a bit on that. We'll take a look at the 10-year in a moment. Take a look at the gold contracts. We have a volume of about 167,000, which is good, right? We're looking at, Tom sent over some charts as well to take a look at here. We're looking at something like 200,000 on the volume, right? So as Tom has written here, this is the Bloomberg charts. The gold will need more volume as it trades at a higher price. We had a little bit of a pullback over the past month when it moved a lot higher. But if the dollar continues to go low and reach the levels of about $99, then we could probably see the gold contract take off pretty significantly. Silver at 3.7%, which is fantastic for silver holders as well. And then the copper contract trading up only about 0.45%. Let's take a look here. Tesla has blown up 6% on some news regarding China. It's massive. And also, there are supercharging stations, as they're called. The supercharger network is now, again, really solidified as this will be the standard charging model for all EV vehicles. So we had some pretty nice volume on that. Let's see. Yeah, this is pretty stellar. So we're trading up about $237 right now. Obviously, the high from last month was about $268.61. We have a big sell-off here on some pretty significant volume, but we're trailing right back up. Tesla is pretty persistent price-wise. Take a look at Metta, up 2.32%. Google, up 1.94%. Disney trading back up in the 90s, which is good for all Disney holders, 1.93%. Southern Copper, up about 5%. The miners are doing all right. Steel Dynamics made some huge moves. Again, we were talking this is trading in a channel about 100 to 110. We had that breakdown around this area on September 18th on a significant volume compared to the rest of the trading. We reached as high as 114.18%, came back down, and on some lighter volume, honestly, on the back down here. So I'm going to be watching this talk a little bit more to see if we have kind of a new trend forming with it. But when you can find a stock or any kind of equity that trades in such a distinct kind of pattern, it's awesome to get in there and just ride the wave on that. On top of the rates, supposedly going to be going down, right? CPI was pretty great. We'll take a look at the release later, kind of pick through essentially the charts and everything that were given to us by the government here. But the home builders were doing phenomenal as well. So we have MH0, up 7.11 today. DFH, this is Dream Finder's home incorporated, up 7.07%, BZH up 9.56%, Taylor Morrison home, up 7.14%. And I just think, oh, here we are. And then tolls up 8.43%. I mean, that's anyone who's holding the bag in some of these home builders is doing pretty good today. We'll take a look at the SPX. This is in an ABC UP, right? The price projection for this is $462. The B-point was a November 10th. It took that out pretty solidly. And so we're looking at essentially a price projection on that with the ABC UP of 462. The QQQs as well. Let's take a look. It's $58 million, taking out $53 here in November 10th as well. The A to B leg was passed then. And it's a 40202 price projection as well. And we are just going to see if we can ride this up. If we look, too, on the NQs, this was pretty interesting. Because we've been going down for so long, right? If we take a look on the three-year chart here, we have the high right at about $16,767, right? I mean, we're nearing this here on the three-year high. And then right here, if we look at the high for the year, July 17th, we're trading right about $1684. And we're getting there right now. 908 in NQ futures. When I took a look at this chart and saw that's how close you were to the early highs, it was almost crazy to think about, because it felt like we'd been going down for so long. But anyways, this is pretty stellar what we have going on. The DXY, to look, they changed the ticker. They had the dollar sign in front of it on here. Let's get out of the three years. We can just go to the year-to-date. Obviously, we had a big gap down. That's with conviction, for sure. This kind of price floor, essentially, that Tom was looking at, that was the 104.69 area. Well, clearly, this just blew past it entirely. We're trading at 104.04. This is essentially on the way down to 99.57. This is what we're looking at from Tom again. This is in market insights. If you guys aren't subscribed, it is a one-month free trial for first-time subscribers. Go take a look, because the market was called beautifully this time around. And so it's pretty nice to look at. NVIDIA up 2.39%, and the GDX up 5% currently. We can take a look at the Consumer Price Index. Let's move over here. See if I can blow this up a little bit. All right, so let's take a look, because a lot of people, we just read, let's say, articles that kind of tell us what happened. And it's always good to kind of go to the original source to kind of get your information. So you can look here, this is the change per month. And so we essentially had zero, right? This is all items. We'll take a look at how this kind of averaged out. We had a 0.3% increase in food. Food away from home increased about the same. Energy up 0.4%. So obviously, we have gas prices a little bit lower right now. We have energy commodities. That actually deflated 2.5% from the last month. Let's see, on gasoline, down 4.9%. And then fuel oil in general down 5%. Electricity, I'm trying to follow this right here. Electricity up 0.3%. Utility 1.2%. And so that's pretty solid for everything. We have medical services going down a little bit. What happened with that that was bringing it up is people were essentially, again, now spending money from their health insurers after a long time of not doing so with COVID. And that kind of shakes up a little bit of the numbers that the health insurance reporters kind of have. Folks they do will be right back with Larry Pesavento. Tigers, have you ever wondered what it would be like to trade right alongside Larry Pesavento? We'll wonder no more. Wednesday, November 15, Larry Pesavento will be hosting a live trading webinar. From 8 AM to noon, look over Larry's shoulder as he analyzes potential trades and sets them up. 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Toll free at 1-877-927-6648, internationally at 727-873-7618. Welcome back, folks. This is Jacob Schup filling in for Tom O'Brien. And we take a look over here. This is the Larry Pesevento Trade What You See November 2023 live trading event. So the way this works, folks, if you ever wanted to see, just imagine, right? You're sitting right next to Larry. He's placed in trades. You're kind of getting an insight, right? And to kind of a veteran's look at how this kind of works. And this is what this is, all right? So this is from 8 a.m. to 12 noon. This is tomorrow, November 15th, starts at 8 a.m. Everyone who subscribes to this webinar gets one month free of Fibonacci 24-7. It's 2.95. These webinars are all archived in case you can only stay for a little bit of the tradeplaces. You can take a look back afterwards and kind of see what's going on. And we have Larry Pesevento with us currently. Larry, are you there? I'm not sure, Jacob, but I think I am. How are you doing, Larry? Good, one of those 18-hour days. But I'm really looking forward to tomorrow. We've got volatility that's off the charts, and that's when the patterns work their best. So I think we're going to have a lot of fun. We've done a little bit of teaching, but mainly we're going to try to make some money. We had a terrific day-to-day. But to tomorrow, the trading gods could shake their head and put a hood over me. But we'll keep our losses small, do what we're supposed to do. And I'm going to explain to folks why I'm putting the trade on, where I'm putting it on, what I'm looking for in profits. And we're going to go through all of those to try to teach the folks, yeah, you can do this if you practice a little bit. And I think we'll have a lot of fun. We've done five of these. They've all done well. But tomorrow I really want to focus on the trading because we've got volatility. It started last night, and I was up pretty much most of the night trading. I ended up with 10 trades today, which is about three times more than normal, but that was over a 14-hour period. But we did okay. We had two losses and one break even. A couple of really, really big winners, especially with silver and the soybeans and stuff. Those were just off the charts, which was really fun for us. But we've had a lot of fun. Everybody's enjoyed it. It must be good because these folks are coming back every time. Almost all the people coming in to repeat. So I did there to make some money and we'd do some teaching, but yeah, we'll tell a few jokes if I can remember them. But anyway, it goes so fast. Four hours is like a blink of the eye. Jacob, you've helped me do these, all of them, so you know that it goes quickly and we've had a whole lot of fun. So I actually look forward to it. This is really the highlight of my week to do. I wish it was today because, gee whiz, it was just one of those days where ABCD was all over the place, but that just means that we've got other ABCDs out there, so that's what we're open to see. That's right. And the volume we have in the market here is just amazing, right? I mean, that just is ripe for active trading, so. Yes, yes. What I'll say too, it's also really good. You get in there, you explain it, you make these trades, you have the charts up and everything too, and you take a bit of time every now and then to kind of read what folks are asking you as well, right? So there's an interactive component to the whole webinar. And that really is invaluable. Of course, seeing those trades in real time is fantastic and worth its money already. Being able to get in there and kind of ask, at a more granular level, what's going on, I think it's perfect, so. Not only that, but you have people in the room that are saying, hey, Larry, take a look at the Canadian dollar, and then we look at the Canadian dollar and he's identified a perfect ABCD and we could even trade the Canadian dollar. So we'll probably do a few stock trades or look at some stocks, because I know a lot of folks are in stocks, but we primarily focus on the futures and then also the foreign exchange. Those are the ones which you can trade futures through the CME on that. So it's a little bit for everybody, but it shows how pattern recognition works and make a few bucks at it. So you get a free education and make a few dollars. That's what our goal is. Definitely. And I'll say too, you know, you brought up a great point that we have a lot of repeat people coming back, right? Because they just enjoy the experience so much. We have a few new people this time as well. And if this is really your first time coming in, Larry also gives a little bit of an insight, a little presentation during it as well while the trades are live. And I've seen the presentation a few times. It's always a little bit different every time, of course. But I just think it is such stellar information. And if you haven't experienced one of these live trading events, you know, I really recommend getting in there. You know, you get to place these trades and see kind of more of what Larry does on a personal level. It's amazing, so. Well, we're gonna have some fun, Jacob, with your help. I'll certainly look forward to it. So we'll see you in the morning at eight o'clock, okay? Sounds good, Larry. Thanks for joining us, all right? You bet. Thank you, Jacob. Take care now. Hope to see you folks. May God bless. Right on. Yeah, like I said, folks, come over here to TFNN.com. You're gonna get to the homepage. You'll scroll down, you'll see it right here. This is 8 a.m. to 12 noon. Again, 295, get a free month of Fibonacci 24-7, and you get to trade with Larry live and ask him questions. It's pretty fantastic, folks. All right, let's take a look at what we got cooking over on this end here. This is, okay, right. This is what I wanted to find for you guys. Let's just take a look at Apple right now. I don't know if I have it on my hot bar here. I really should, but. It's up 1.71% today. Google's 1.8%, but this isn't really what I wanna talk about, right? Okay, what is so fascinating is we're going in over here. This is Apple is getting 36% of Google's search revenue. Like, let's just look at the syntax here, okay? Of Google search revenue, and this is just from their Safari. They're gaining 36% of Google search revenue. It is insane. Google pays Apple more than the third of its search advertising revenue from Safari under terms of the two companies' search default agreement. An alphabet witness said in court on Monday the 36% figure, which was not previously known to the public, is one of the clearest indications of how lucrative Google search deal has been for both Apple and the search engine company. The incidental disclosure from Apple that's expert witness, Kevin Murphy, a professor of economics at the University of Chicago was not expected. Williams and Connolly antitrust partner visibly cringed when he repealed that number, obviously, because it's pretty intense. The search default agreement is a major focus of the proceedings in general. The judge in this case has described that Apple Google deal as the heart of the case. It's a number Wall Street pays attention to as well. Burnstein analysts have estimated in a note declines that Apple would see 19 billion in 2023 revenue as a result of search engine default deal with Google, which is fantastic. Afflebeck's CEO, Sundar Pichai, defended such deals when he testified in the proceedings, but Google's competitors have described the arrangements as damaging to their business. Microsoft's CEO, for example, pushed back when he detailed this in October when he was testifying. Anyways, I think that's really pretty interesting. We can take a look at some other big news today. Let's take a look at Snap. This is a company that I have trashed pretty consistently, but they had some interesting developments. It's up 6.5% today. Essentially what happened is they've done it, they've made a deal with Amazon, okay? And Amazon is going to allow Snapchat users to buy Amazon products without changing apps. So Snap is now going to be essentially a dock for Amazon products, which is pretty interesting. Snap rose 8% on Tuesday after the company confirmed a deal with Amazon to let users buy products from online retailer without leaving the app. The agreement follows a similar deal between Meta and Amazon is designed to make purchasing easier for Snap users and really Snap needs something like this. It's gonna draw more people to its platform, which it has a hard time retaining and its ad revenue obviously will go up because as more users, folks stay tuned, we'll be right back. We have Tim Ord. 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. 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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. Don't forget, you can listen to tfnn live on your mobile device 24 hours per day. Go to tfnn.com and hit watch Tiger TV. That's tfnn.com and hit watch Tiger TV. Welcome back folks. This is Jacob Schup filming for Tom O'Brien while we do have Tim Ord coming on. First, we have the one and only Basil Chapman. Guys, take a look on tfnn website once you're done looking at Larry's webinar. Come over here and you can check out the opening call newsletter by Basil. Again, that is a one month money back guarantee if for whatever reason you don't like the newsletter. I can't imagine that you would dislike it, but you know, try it out. Basil, are you with us? Hi, Jacob, how are you? I'm doing well, how are you doing Basil? I'm doing well, you got a busy afternoon. We got a lot going on here at tfnn.com, but I'm glad we got you on the show, so I always enjoy having you on, so. So what are we looking at today, Basil? We got a lot of stuff going on. Yeah, we got a lot of stuff. Let me just tell you that this little break in the doubt, this little break, this big break in the doubt to the upside on a weekly basis, this is the first time we've actually broken channel resistance or trend line resistance. This is the second week. I like to see two weeks of a break and so far, this is really strong action. It's helping the monthly chart. And in terms of the daily chart, this is only a leg B and the stochastic, I like to see a stochastic strong and flat at 93%. That's really positive. And the MACD is very strong. And a couple of weeks ago, what I was looking at is the Monday action after that Friday low late October said to me that if the VIX index really skyrocketed over the weekend, that Sunday night into Monday, we would get a really serious major low. But in fact, what happened was Sunday evening and going into Monday, the market turned around so the low was on the Friday. But in assessing the action on that Monday, my sense was that there were so many stocks that seemed to participate in that two day rally from the Friday low into the Monday afternoon. I liked what I saw and I thought, this is an ideal opportunity for subscribers to get into a stock that we've been looking at for ages. We missed one of the moves and it just kept going up, going up, went to an all time high and then started to pull back. And I thought, this is a perfect time because we were looking at Microsoft because it's in the Dow, it's in the S&P, it's in the NASDAQ 100, very important component and a very important part of the XLK which is the S&P select tax sector. So we're very fortunate we got in at 338 and today it hit 371. And one of the reasons why I was very pleased with the action is you can see in this dating chart, you see just on a very big picture if you kind of half close your eyes, it seems like a U shaped pattern going to another U which makes a very large cup formation. And what I like to do is I like to choose a particular candle if it isn't the obvious low where the number of bars from the left side high to the bottom and then back to the right side high is equal, then I have to find a particular place and I chose this little peak D in the chapter where the fourth highest peak is often where you want to go. That's where you can see a turnaround and there was a perfect plus sign. Looks like it's a doji can, it looks like a plus sign right there and I chose that as the midpoint and that was the midpoint on the 14th of September from the 18th of July, 366.78 high. So my analysis took it with the different techniques that I use that if I was correct from the law that was being made late October, there was a chance that we could have an inside wedge target resistance line taking it to exactly on the 10th of November back to the 366.78 high. And yeah, we were down at 330, didn't look like much but I love the fact that the magnitude of moving average was rallying. The nine period was over the 14 period. So we were fortunate enough to get along and it went to the exact day. The price, the left side, right side price time at was to the exact day. And on that on response Friday, it went just about 366.78 today. It's making a high of 371.95. Now what's interesting using all these different techniques you can see, you can see the cup formation much better here in the weekly chart. So we've kind of achieved what we wanted. And now the assessment is, is there an alternate count? Is this going to go higher? But you can see this rising inside track. These two green, the green and pink line I call them inside track repellent zone. That's, that was our target. So we've just hit that target. If we, if in November, a Microsoft is able to get into the 377.380 area that'll be absolutely spectacular action. So it's achieved everything that we wanted. But as I say, we wanted to use this as a proxy for the general market. And what's really interesting is, as this is rallying, you're finally seeing some of the real laggards, the ones that just went nowhere. I mean, I'm including the Disney, the Shopify, all these stocks that just got slammed over the last couple of years, starting to move. And I think that that is very important. So together with the IWM, the Russell 2000, started to really break to the upside. It wasn't looking very good just this morning, in fact. And now it started to improve a lot. So if we can start to see a rotation that says the leaders, the magnificent seven of which Microsoft is one of the leaders, if they can slow down, you could start to see the others take up the slack. So like you had mentioned, SDLD, I always remember the name, and I forget the symbol, that's steel dynamics. But if you look at the SLX, which is the SLX is the Veneq Vector Steel ETF, all of a sudden they've come alive. If you look at PAVE, PAVE, which is, this is the GlobalX US Infrastructure Development and Development ETF, just came alive. So I think that this is really important. Plus you've got the dollar pulling back very strongly and bonds are in such a rally so that yields are coming down. There are a lot of things that are looking pretty good. They weren't looking so good even a few days ago. I like them, unlike what I'm seeing. Yeah, absolutely. I mean, even, you know, I was talking earlier in the show too, some of these housing stocks, you know, Toll Brothers has blown up today among a few others. And I think with the interest rates coming out. We should, the terminology I think is more rocketing. Yeah, absolutely. No, no kidding. I mean, we're up like 8% and like on average between like the, I think five stocks are looking up today. It's insane. So yeah, as market in general is just completely coming alive. And it's kind of awesome to see, you know, cause things have been a little laggard for a while, right? Well, what's awesome to see is that it's broadening out because there are these selective moves where you've got just a handful of stocks in a particular sector moving up. That's, at least you're in it, it's really unfortunate in this, you know, talking about sectors, we've been in the uranium sector. Who would have thought the uranium is doing so well? So we've got UBC, which is Uranium Energy Core. We got it about $3.64. Here it is at 608 making a new recovery high. I mean, so it's really spreading out. I like this market very much. No, and you're 100% right. That was one of the things that worried me about the market, right? Cause as you brought up the Magnificent Seven, yeah, like that was what was really dragging this market up at any kind of given point the past year or whatever and seeing it spread out is good for the market, I feel like, right overall. It is, and you know, I like to look at different time frames. If you're looking at like the one minute here, the one minute in the E-mini is just pulled back. And yet the five minute is still holding the nine period moving average as is the 10. And that's exactly what we've been seeing in the market that if you can choose a particular indicator that keeps you in a position, I mean, that's really good. Basil, thank you so much. It's always a pleasure having you on. Thank you very much. I appreciate it. Take care now, folks. Stay tuned. We'll be right back. Tigers, have you ever wondered what it would be like to trade right alongside Larry Pesevento? We'll wonder no more. Wednesday, November 15th, Larry Pesevento will be hosting a live trading webinar from 8 a.m. to noon. Look over Larry's shoulder as he analyzes potential trades and sets them up. Not only will you get a front row seat to the mind of a veteran trader, but you'll get to interact with Larry live as he places trades and goes through key material that has aided him in his profession. Go to the front page of TFNN.com, sign up for the service, and enjoy TFNN Educating Investors. 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. 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This is Jacob Schup with you today. Look at the dollar right now. We are trading right below the 104 level. We are at 103.99. We're fluctuating between 99 and 98. Folks, let's shift gears here a little bit. We're gonna bring you over here. We have theOrd-Oracle.com. This is Tim Ord. He has been coming on with Tom for a while now. He just had a webinar earlier this month. It was fantastic, folks. If you didn't see that, we have all of our archives webinars. We have all of our webinars archived. We also archive the webinars. But come over, check out the front page of TFNN.com. That's there as well. It was a fantastic webinar and a lot of people enjoyed it. Tim Ord, are you with us? Yeah, I'm right here. How are you doing? Good. Send some charts over. Do we have time to go over them? We do, we absolutely do. I'm on chart one right now. We have the equity-put-call ratio. Yeah, this is... I did this today. And so this is actually yesterday's close. But the bottom one is the 21-day average. So that's a whole month of average of equity-put-call-racial readings. And you get above 0.75, yesterday's close were 0.77. So that was a whole month of equity-put-call-racial readings. And they just leaned on the puts for the last month. And so that's bullish in that one above that is a five-day. And anything about 0.8 is 0.92 is bullish. So, you know, and the market's been screaming here for the last week, couple of weeks when it's virtually straight up here. And everybody's still leaning on the puts side. And that's a good ol' going forward. Normally when they start getting it on the call side, you know, danger can happen. But we're not seeing that here. So people for some reason, and this is real money trading. This is not like, well, if I had to be in the market and say I'd be bullish or bearish, these are people actually playing the market and they're leaning on the bearish side. So, seminal-wise, this is extremely bullish. Sure. We can go to chart two real quick. Perfect. This is kind of an indicator I showed at my webinar. The top window is the SPY to VIX ratio. And the middle window, or the second window down from the top is VIX. And what's really strange today is the market's up, you know, over 2%. As we're talking here. And normally, if the market goes up and the VIX makes a new low, which it is, that's usually a bullish sign. And so the ratio on the top there, the only reason why I put it over the SPX VIX over the SPY rather, is because it goes in the same direction as the SPs. The SPs are going up. This ratio is going up. If it does, then everything is copacetic. I guess you might say everything is aligning. But according to the VIX right now, making lower lows or this ratio, SPY VIX making higher highs with the SPs making higher, there's no negative divergence on a short-term basis. So, you know, a lot of people think, well, this is an app and crap, they call it. And I don't see it. I think in general, I thought this week might kind of be a sideways week because we had such a great week last week. But on a short-term basis here, I'm not seeing anything dangerous. So, how high is high? I don't know, but go to chart four. Okay. We're gonna skip three, we got four there. And in my webinars, I always talk about panic. To get a bottom, you have to have panic. If you got no panic, you have no bottom. And so, and what's really interesting here is we go to the far right corner. The bottom window is that 10-day average of the trend. And yes, they closed at 1.19. Anything around 1.2 and higher shows panic in the market. In other words, there's more stocks, high-volume stocks are going down. That's usually, you would think would be a very sign, but it's actually bullish. And that's what we have here, even though the market's gone straight up, all those 10 areas are times when the trend that was hitting 1.2 or higher, and they all come near lows. That's how I picked out that low over in the 2000s, or even 2022 and 2023. You had a lot of that panic in that 365 to 390 on the SPYs. I suggest we're gonna break out to the upside. We did. And we had some panic back in early October, put in a minor low. And we didn't really have panic at the October 27th low, which is really ironic. But since the market's gone up, now we do have panic. So, seminal-wise, everybody's leaning bearish. Panic-wise, everybody's still panicking here. So I'm thinking we could be breaking out in a big way to the upside. And so, what could that lead to? Let's go to chart five. Yeah. Okay, now this is a big timeframe. This is a monthly SPX. And what I'm thinking here is developing is the head and shoulder's bottom, where the head was October of 2022 low. Left shoulder was early 2022. And we've been screwing around since July until October here. In my opinion, we're probably making a head and shoulder, the right shoulder of a head and shoulder's bottom. It pretty much did what it's supposed to do. We've got the neckline around 4,600, which is noted on the chart there with that dotted line. And now, to get through that neckline, you need what's to call it, it's a sign of strength. In other words, that's usually big volume and big price movement. And that may be developing here as we're putting on because seminal-wise, I'm not seeing anything really bearish. We do have panic in the market. Can we just bust through the 4,600? If we deal with the sign of strength, that usually confirms, once you have a sign of strength through the neckline, that really confirms the head and shoulder's bottom. And I got a scenario there. If this is a head and shoulder's bottom, gives an upside target around 5,700 on the SPY. Well, that's about 26% higher than where we are. And I don't know why everybody's leaning bearish here, but the stuff I'm looking at, even on a short term, and even on the bigger time frame, so far, lean bullish. That may change in the coming weeks, but even on a short term basis here, I'm not seeing any danger. So, and next year is election year. Right. And that's usually in and up year. So, we may see another 20, we're not gonna have to, this year, so I think we'll reach 20% this year, as far as return, and we may reach another 20% next year. So, it looks good to me. Absolutely, yeah. And I put these charts in the den as well for anyone who wants to look. I mean, these are all really, really insightful charts. No kidding. Yeah, so it's just got an interesting time. You know, we got bullish back on September 27th, which is basically the day of the low. And the market just doesn't, it's really good. Normally when the market doesn't let anybody in, it usually goes a lot further than what people would anticipate. But the VIX, the TIX, matter of fact, as we're talking here, the market's up 2%, and we got a 1.2 on the trend. So, you know, to me, that's gonna put the 10-day trend somewhere on 1.22. So, that's quite a bit of energy to push that market higher. Definitely. And Tim, listen, we have a short segment after this, but stay with us. I wanna go through, I think it was chart two, or chart three that we didn't go over. So, folks, we'll be right back with Tim Ord. That is Tim Ord of the Ord-Oracle.com. Sit tight. We'll be right back. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights. Your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. 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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. Don't forget, you can listen to tfnn live on your mobile device 24 hours per day. Go to tfnn.com and hit Watch Tiger TV. That's tfnn.com and hit Watch Tiger TV. Welcome back, folks. This is Jacob Schupe filling in for Tom O'Brien. We are with Tim Ord of the Ord Oracle. Tim, are you with us still? Yep, I'm right here. Awesome, we're looking at chart three. I think that's the one we jumped over. All right, yeah, chart three is kind of, I didn't know we had enough time to get to it, but anyhow, the bottom window is a VIX and this chart goes back. It's been going on for quite a couple of years. And normally when the VIX is below 17, we're coming in when I made this chart, I made a chart today, it's 1409. A lot of times when the VIX is below 17, the market is in the trending mode. And so I shaded all that area when it's below 17. And so, going into that 2022 hype, most of that time, the VIX was below 17. That rally that started in, I don't know, May, June of last or this year, it got below 17 kind of stayed there. And now we're back below it again. So it's a good chance we could be in the trending market. You can kind of see that hidden shoulders pattern there. Right. If you look over to the early 2022, you see, I drew a blue line and a red dotted line there. So this would make the right shoulder about equal to the left shoulder and all this other stuff. So it looks pretty good. And we're actually having a sign of strength right before we're hitting the neckline. Neckline again is around 4600 on the SPX. But I wanted to point out yesterday on the SPX, we're testing the previous high of October. And now we jumped above it. I wanted to point out, if you look at the VBX to VIX ratio, it was making higher highs when we were testing the previous highs on the S&Ps. And that would suggest that we're gonna break through the previous highs of what we had in mid-October. And sure enough, we did, we broke out today. So that's why I wanted to point out there. Fantastic. Tim, thank you so much for joining us again. It'll be on Thursday. Always great having you on. Thank you. Folks, that was Tim Ord of the Ord Oracle. Again, that is Ord-Oracle.com. Go check him out. Folks, thank you so much for joining me today. We'll see if Tom is back tomorrow. Again, Larry's webinar tomorrow at 8 a.m. to noon Eastern time, signed up for it. Folks, have a great rest of your day.