 of Traders. Sign up today and become a part of this educational community of Traders, just visit the front page of TFNN.com. The following is a presentation of TFNN. Trade what you see with Larry Esavento. Call now. toll-free at 1-877-927-6648 or internationally at 727-873-7618. Now Larry Esavento. Okay, looking good. Billy Ray feeling good, Lewis. We're going to have Bill Meridian at the first break here, but we've got something really major happening, folks. I posted a chart here of the gold market going over the past six weeks. And as you can see here from that bottom, we made, we had a huge run up to 220. And the 382 retracement on that comes in here today, believe it or not, at 1942. The low so far has been 1943 and a half. And what we're going to do now is we're going to expand it a little bit and show you one of the trades that we had on yesterday because we were sort of expecting something like this to be happening. And we'll get up here and we'll take a quick look at it, folks. This is one of those. When it fails, it's going to be a real doozy, but there's your ABCD pattern to the downside. You know that it hit the 382 retracement absolutely perfectly. Here was your first 382 retracement right here. That took us up to here. We are now down two harmonic numbers, setting it at 1.618 expansion with an ABCD. And that's about all there is to say about gold, folks. Going under, you know, say 1930, it's probably going to go to zero, would be my guess. Maybe not. We do know that the problem that we've had with the banking system has been totally averted. The Federal Reserve is going to give everybody all the money that they need except for you and me. But that's what they're doing over there. So we just have to pay attention each day because each day brings more and more information. But this pattern is about as good as it can get in the U.S. dollar here with the dollar. Try that again, Larry, with the gold. We went right down. We were short. And I said once it went below 1962, it was going to be a rocket ship down there to the bottom. And boy, I didn't think it would make it in one day, but being down $39, you can do it. I guess if it can go up 50 or 60 bucks in one day, it can go down $39 in one day. That's what we're looking at today. Now there's another one that is really important, folks. I know we don't know anything about the, I don't, but it's the Bitcoin. And the reason why I bring this to you, because it's in the news almost every day, it is every day. So there must be something to it. This I don't know, okay? And we're going to, Bill Meridian will be calling in pretty soon right after the break and he'll be chatting with us with some of the things that he has. But as you can see here with this, hold on, I've got to let him know just a minute. And then there's where we are. Okay, that gives us what we needed to know. We're right at the 382 level here for four days, folks. We can't get above that 29, 285 level. 282 is the exact number. And we've hit it three times the last few days and not went through it. And I believe in these numbers emphatically. So if we pop above 29,000, then that's going to be something pretty significant. And also, we made a big ABCD today in the E-mini S&P. We'll get this up here and see it. This was one we were looking at last night thinking that we'd probably get up to this level of a 40-30. And the high was 40-31. We sold off a little bit, not much, just about 30 points from that level. And probably we'll go back above it and we'll continue going up forever. That's a possibility, of course. And we always have to take that into effect as you're looking at some of these things because sometimes they work and sometimes they won't. The other one, folks, is our bond market has been hit pretty hard from what Bill told us last Friday that you wanted to take a look at it. And you'll see how those things work out, but it's been down almost four handles now, folks. That's $4,000 in just a short period of time. Now, I want to share a chart from our good friend Tom Hougart over at Telegram, Trader Tom, and he shows the picture of the footsie up here. I wanted to just show you the harmony that's in the footsie here. Free trip across the pond, folks, because the beautiful patterns, these are exactly equal coming exactly at the 61% retracement and then having a very, very sharp rally. So those are just some of the things that we're watching here today on some of these other things that we're looking at. Someone asked a question about the banking stocks. I would watch those that are First Federal or First Republic has been evidently got a lot of money in and the stock's up 25% today. After it's been down 97% or something like that, it was a big drop. So these are what are known as dead cat bounces in these banking stocks because something is wrong in the banking industry when all those stocks get hit as much as they did. Some of them went all the way to Tapioca, which means the end of the line, like Credit Swiss and Silverbird or whatever those things are. Silicon Valley Bank and some people like Pemko supposedly lost $200 million on one of their investments in credit Swiss. I don't know if that's true or not, but that's what they were saying on Bloomberg this morning because I thought that was a rather large amount of money that could be put into a fund, but these guys handle billions. So $200 million is not that much when you look at it that way. The US dollar is below right at the 103, I think a shade below it. That's giving the weakness in the gold market. So those are just a couple of things that we're paying attention to here today. But mainly this Gartley we had at the 61% retracement up there at 40, 30 in the S&P is pretty important because if we go blasting above it, then you're looking at something that's going to be pretty dramatic to the upside. And the banking crisis will have been averted and we're all going to be able to live in Camelot without any trouble at all. And that's always a good thing to look at. But folks, let me just share with you one of these stocks right here. This happens to be the stock of the NASDAQ. By the way, Jim Bartolioni will be our guest on Friday. And he's going to be talking to us about this stock index. It's an ETF. You can see how it made the objective down in here. Now we're getting a little bit of a bounce in here, which we should be getting. And how much it's going to get is going to be really important. Because if we only rally three or four days and only make a 382 off of this last high, that's trouble in River City, boys and girls. And River City is, if you ever watch the music, man, is Gary, Indiana. Anyway, those are a couple of things that we want to watch on. But I wanted to share with you one other of the banking stocks that is very interesting, and that is the signature bank of New York. Now, the signature bank of New York had a little bit of a difficulty when it finally started to go down. You can see, folks, this was it last year. And look at this, this thing all the way down. And here, this is where it stopped trading, and then it opened at zero. But that's what happens. I mean, somewhere in here, you've got to decide you've got a bad investment. And that's what you've got to do. The first mistake teaches, the second mistake kills. Your first mistake is you're in the wrong stock. That's your first mistake. The second mistake is you didn't do a darn thing about it. And you're the only one, I don't know anybody that's in this stock. I've been in things like these, so I should know. But anyway, this is what you want to be watching, is to see if these things hold up or not. That's all I can tell you here. So I hope that gives you a little bit of a flavor what to be looking at today. But we've got Bill Meridian coming up next, 877-927-6648. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Eurodollar, Pounddollar, DollarSwiss, DollarYen, as well as many more. And he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence forex markets tremendously. 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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. Be at 1-877-927-6648 internationally. At 727-873-7618. Okay, we're back, folks, and we have Bill Meridian of Cycles Research on the line today. Bill, how are you doing? Okay, Larry, how are you? I'm very good, and everybody that was listening to you last Friday when you were on, when you said this is the time to sell bonds, we have a big tip of the hat to you because this has certainly been a good one. It's down four handles, that's $4,000 in three days in the midst of supposedly bullish fundamentals, and boy, they turned them around for sure. Why don't you go ahead and tell us? No, no, bonds, let me just explain, it's one of the anomalies, I don't know what else to call it, that bonds are down, US notes are down 80% of the time this week. They are down in the third week of March, June, September, and December. And last year, I shorted them four times, it made money on three. And it's just, I don't know what causes it, but I use my software and I say, what would happen if bonds rose, let's say 5% in the month prior or decline 2% no matter what you do, that's why in Forbes, I said that bonds are headed into the Bermuda Triangle. And there are these different time anomalies and it makes you realize that, I mean, for example, September in equities is very weak, June is second weakest, and December into January is usually very strong. These exist in all markets. This one is particularly pronounced, and I just was chatting back and forth with a young guy, technician, fundamental, junior fund manager, and he says, the problem I'm having, and I typed in, you're working for fundamental Freddie, that's your problem. And he doesn't pay any attention to relative strength, the guy said, that's right, how did you know? I said, I faced the same thing. And the relative strength line is the price divided by the benchmark with the S&P 500. If that is declining, good luck. It's like walking up the down escalator. The late Ian Notley told me he hired a quantitative analyst and he said, what are the odds I'll make money by buying any stock in a bull market? The guy came back and said, three or four to one. So if you buy any stock and there's a bull market, three or four to one, what about a bear market? 20 to one against. That's three or four to one is 67 to 75% chance of winning if you buy in a bull market and it's 5% in the bear market. Now, if you see a group like a sector that was lagging, like a technology lag door last year, when you went to the plate and swung at the ball, your batting average was 0.050. You're probably not going to get a hit. And when I went to Abu Dhabi, they gave me the technology portfolio in late 91, early 92, and we had lots of little positions. I cleaned them all out. And I think I've told this story before, but in the 30 stock technology index that S&P had, what two stocks lagged the index of which there were constituents most of the time? In other words, which ones should you not own if you're trying to outperform the index? And the answer was Hewlett Packard and Motorola. So I wrote up a ticket to sell Hewlett Packard. And at night, just for amusement, I used to hang out with the Pakistani trader. He said, hey, Billy, you want me to sell this? I said, I'll sell the whole thing now. We dropped the stock two and seven eighths in one day. The senior fund manager came in the next morning and nearly had an auto attack. And I said, well, we want to get out of it. But that's the type of power a big institution has. And if you see a declining relative strength line, you're buying against their selling. It's like surfing. You want to be on the right side. So then they pay no attention to what's happening now with bonds. That should be over by Thursday or Friday. And then I think Larry, all the major international fixed income markets, all of the bond markets are all at retracement levels, 38.2, 50, 61.8 on the downside, which means they're probably gonna pop up in the month of April. So anyway, March 25th, I hadn't discussed this in a long time, their geopolitical cycles indicate a flare up in the Russian conflict. That's plus or minus a day. So that's either Friday, Saturday or Sunday. And I don't think that's gonna help the stock market. And we'll get the stocks in a minute. But stocks, I think, are lower, gold higher, oil breakdown, which I'll discuss, that forecast completely failed and bonds are a short sale over this week, as you already know. So fundamentals rule the longer term. One of my bosses once said, well, the shorter term, the market is, the more technical it is. And the fundamentals rule the long term. So now, one of you gentlemen wanna tell me what's gonna happen in the long term so I can devise the ideal investment strategy. And so you're back in the same boat where the technicians are. So we have governments that are openly hostile to free enterprise. You've got riots in the Netherlands where they wanna confiscate X% of the farmland. And you've already had an overthrow of the government in Sri Lanka and so on. And then they have higher taxes and then USA Weakness and International Tension, March 25th plus or minus a few days. You have an inverted yield curve. The one, four and 10 year cycle, which I've shown many times, we'll look at it again. And the dynamic cycle is all peak in April. So the top may already be in. That's what I feel with this March decline, which I didn't really see coming. And then November, January, sell signal, as I've said before, the institutions gear up for the next year between Thanksgiving time and sort of mid-January. If the market rises in that time period, then you've got a very good chance of a higher market one year later. If it's up only slightly, then you've got, you know, chances are you're gonna have an up eight or 10% year. But if it's down, which it was a year ago, January, then that's a very high, about a 60, 65% probability you'll have a down year. Well, we did have a down year last year and this year we got the same sell signal. It's not strong. So you've got the one four 10 year cycle peaking in April and you've got that set up November to January already telling you to sell and the fundamentals are poor. And as my boss said, long-term fundamentals rule, but one of these days, the long-term gets here. And if you wait long enough, you know, next year I just gotta notice my insurance policy will mature. I don't have to pay into it anymore. Sooner or later, the future arrives. So that's the one four and 10 year cycle, the one year cycle in red, the 10 year decennial cycle in green, the blue four year election cycle is right here. And that is the addition of all of them and they peak in April. And as you can see, there was not much recovery in a very weak autumn and not even a very strong Q4, which is unusual. Then we go to the dynamic monthly cycle. This is extracted from the most recent price data and it was, I re-ran it. It did peak over here, now it's showing a peak in early May. So this is mid-April, early May. Now the breadth from last week, look at this new highs and new lows. The 14th and the 16th were big up days. He had 18 up and 99 down, 16 up and 177 hitting new lows or I should say 18 new highs and 99 new lows. And then he had 16 new highs and 177 new lows. And look at all the other days. The weekdays, 13 up, 13 new highs, 199 new lows. The 15th, 12 new highs, 266 new lows, 345 new lows on March 13th. That's the definition of a bear market. So now here's the breadth from yesterday. Yesterday was an up day on the New York, 21 new highs, 134 new lows, NASDAQ 40 and 314 and Larry's gonna go sell something. Yes, we are. Come back with Bill Meridian. We'll be right back, folks. If you wanna take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metal sector as well as the markets that move gold, which is the currency and bond markets. New subscribers get a 30 day money back guarantee so you have nothing to lose. Every Monday morning I publish the Gold Report with coverage of gold, silver bonds, the XAU, HUI, GDX as well as more than 30 different mining equities. To see for yourself the types of profitable trades that are recommended within the Gold Report, sign up now by visiting tfnn.com. Don't miss out on the next great gold trade. Sign up today. Everything in the universe is governed by the Fibonacci sequence. 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Okay, we're back folks, speaking with Bill Meridian, Psycho Research. Bill, I have a question. You mentioned the date of March the 25th coming up as being geopolitically, can you tell us more about that and what you're looking at? Complex combination of planets that is similar to the one that occurred on the day that Russia invaded Ukraine 13 months ago. Oh, okay, that's fair enough. Well, that was a big one then, it might be a big one again. Anyway, as I was pointing out yesterday, we had an upmarket with 134 new lows and 21 new highs and on the Nasdaq 314 new lows and 40 new highs, that's not a healthy rally. This is the average post-option expirations week only in the month of March. So this is 38 years with the data and the red bar is, it's down here, the red is the probability of a rise in that day, which as you can see, it's almost 50% on Friday and it's as low as about 42% on Wednesday. The green, the blue is the average percent change. So that's about 12 basis points, that's about 12 basis points and that is a loss of about 30 basis points and the green is the multiplication of the two, in other words, the expected return. So we're here right now in Tuesday. Now, Wednesday, the Fed, the Fed is meeting, they're gonna make their announcement I believe tomorrow and if the market, if the S&P is rising in the five days going into a Fed meeting, it usually tops and then you've got this geopolitical event out here which is Friday, Saturday, Sunday. So I think the market is probably gonna be down for the next three days and maybe into next week and it starts really with this. This is just an average effect, okay? And last week it was up, OPEX week in March is up but as I showed you that the price index was up but the new highs, new lows is very bearish. Now this is the S&P daily and when it's broke out of here, I was bullish, it is very unusual for when a formation like that gets broken there's an old trader saying when you are very sure and you are proven wrong, double up your position in the opposite direction. I have one small inverse fund right now, I'm looking to add more to it and this is to me, it's just a broken pattern plain and simple and this is the 10 day advance decline line was advances minus declines, 10 day moving averages and oscillator. This has been one of the best timers, a lot of the others no longer function because they don't release the data anymore but as you can see, it was higher lows here, here and here, it was turning up and suddenly bang. This makes a decline that occurred doubly concerning because we were set up with the bread for a rally and did not get it. So there's something bigger going on. And now contrary opinion, Barron's cover by the big banks, what does that tell us? And I'm getting more of an email about Paul McGray Montgomery, he was my friend, he was a real Southern gentleman, a real intellect, he was worth with a leg mason down in Newport News, Virginia. He did research on 3200 covers of Time Magazine and found out if there was an investment related story on the cover of Time, it went in the opposite direction to that which the cover suggested with an average of four months, 80% of the time. So in other words, it tells you by big banks, there's an 80% probability in four months that that won't be true, they'll be lower. And Paul had pictures of writing in South Africa before Mandela was released and writing in South Africa challenge to US power and it was at that time that the South African market bottomed and I sent out a note one year ago, February and I said, the market is probably gonna bottom in this day and from geopolitical cycles, it looks like Russia will invade on that day. So they invaded on that day in the market bottom. That's contrary opinion. And as Paul pointed out, Ivor Kruger and all the great match king in the 1930s, his empire crumbled after he was on Time Magazine. So this to me is not the time to buy banks. And now this is how I use cycles. This is from my program. That is the S&P 1500 banks industry group. And as you can see, it hit a cell signal here and it's gone straight down like a, what do you call that? Falling safe. A duck shot out of the sky, yeah, falling safe. And you can see it doesn't bottom till it's out here. So I can't say that the cycles are any great help. I mean, they're not a help if you're a ball. And right now I'm gonna do something impromptu. We're gonna go to, gonna go to live television here. You know, like if you make a mistake, you can't change it. This is from my program. And I'm gonna get this thing out of the way here. All right, notification. That is Bank of America. This is the same monthly cycle approach. Look, look at this. And now we're gonna go over here. This is Bank of Hawaii. Now we're gonna go back one. This is Cullen and Frost, which is actually a fairly conservative bank. High cell signal right here. Got a bi-signal when sideways. When a bi-signal does not generate much up movement, watch out for the next cell signal. And here you see the cell signal is no bottom till out here in June. And here is Morgan Stanley. It rose a little past its cell signal, then continued down. And we can look at Morgan Stanley. Watch Morgan Stanley. And that's Morgan Stanley. Okay. And the three up panel, this is Cullen and Frost bank. That's daily, weekly, monthly. So let's look at, let's go over here to the weekly. The weekly looks, this looks like a breakdown. The monthly was certainly very overbought. It was overbought back here. And relative strength is coming down. We can also look at a three up panel on Bank of Hawaii, BOH. And again, you can see the relative strength. Now look, why would you buy this bank for the long term if you were a big institution? The relative strength peaked in 2009 and again in 2017. If you're gonna buy a bank, it's not gonna be this one. And look at this, the relative strength weekly straight down. That means the big boys are selling this and you don't want to arm wrestle with them. So that is straight from my program and I'll go back now to the script here. So now gold, here we've got the reverse. I mean, look, I haven't optimized this cycle. I mean, the gold did peak over here before the cycle peak, but it's followed this down and then it bottomed a little before the cycle bottom and now it doesn't show any real peak until late June. So now in late June, let me see if I have that slide. Yep, okay. In late June, what happens? This is 158 years with the data from 1861. So this is not a small data sample, but you notice that we're rallying in March, which is the weakest month of the whole year. That's gotta be very bullish. And then usually the seasonality is that at bottoms in June, rallies July, August and September is always the strongest month with August 2nd. That's in the data from 1969 to the present. This is 1861 to the present. So in other words, we're rallying during a week month, then the cycle sort of punks out here in June, but then you go into the strong seasonal part of the year. So if you're long gold, I don't think you have too much to be concerned about. That's my message. Today they're banging it up pretty good, but it gives a buying opportunity, I would think. Anyway, listen, we have one other segment coming up. You'll be able to stay with us. Tell the folks, well, here comes the commercial. We'll be right back with Bill Meridian, Cycles Research Folks. Stay tuned, please. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? 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Tell us what you're looking at here. If you run what you see here, if I run it from 1969 or I run from 1861, this pattern is the same. There's a little difference in magnitude. So these seasonal cycles are consistent. So now this is oil, which is the bad boy in the group. Oil broke down, March is usually, March, April is a very strong month, usually. Or it is extremely unusual for oil to break down. Oil is usually up in the month of March. That would be about 64% of the time. And in April, about 62%, but for a good over 300 basis point gain. That did not work out. Now, I was looking at this, you see this series of higher lows. When it broke here, I had to admit I was wrong and I had to close out that losses the positions I had in energy. Somebody commented, it was sentimentator, says we've seen two breakdowns this month. One in stocks, one in oil. 85% of the time, these things work. And it just, it was two in a row and there must be something very special going on in cycle land that, you know, it's the cycle that wiped the pharaoh out of his weak positions 3,000 years ago. And we don't have enough data to track it. So now this is oil. Notice it's on its 50% retracement line of this entire rally. So you could get some degree of a bounce up. But after April, May, which is the seasonal period, my guess is we might trade in a range. And I, in fact, did give a buy signal a lot less Friday for Monday. I think we're rallying up into here, maybe into 77 by the end of this week, but then I think it breaks down again. So I think we might be in a trading range for a while, but when the seasonality, which is over here, when this seasonal peak, when this passes, I think oil will go lower and there'll probably be good money in shorting the energy stocks at that time. Now, most of the bond markets, look at this, 38.2%, that's a US 10 year note of the entire rally from 1982. And all the bond markets are at some fee level, whether it's 38.2%, 50% 61.8, Italian bonds, doesn't matter. Now, March, look at the month of March for bonds. That's up 30 something percent of the time. And look at the decline is over 50 basis points. And this is the time period we are currently in the 21st. And here's where we are. You see where this blue bar, this doesn't expend itself until about the 20, well, by the end of this week. Here's another way to look at it. That's the same time period down 82% of the time. Wow. Well, they're down to eight, that's for sure. Eight trading days, that's the period that you're in. Notice, here's the other one in June. Here's the other one in September. Here's the other one in December. I mean, they don't give money away, but if they did give money away, this is what it would look like. And here's confirmation. This is the 30 year bond. So you go, you change places on the yield curve, and you get the same thing. So there's something very bearish. Well, you could read me at Forbes.com under the Bill Surubbi name and the foundation of the study of cycles at cycles.org. And you can always get in touch with me at cyclesresearch.com. Do you have any plans of coming over to the states here this spring? Oh yeah. Well, first of all, my wife, they thought that she did knee surgery, but we found out one week ago, she won't. And second, I have an invitation to Abu Dhabi, which I have to fulfill as soon as I can connect with my host down there. And I hope to fly to the United States in the first week of May. Okay. Good. Well, we'd love to have you back for a while. Are you staying in New Jersey during that time in New York? Where is your place that you... Well, I live in Monroe Township, but I spent a lot of time in New York. Oh, I know that. You're a New Yorker, Greenwich Village dude. Hey, listen, thanks for joining us, Bill. I love the stuff on the gold, the bonds and the oil, and the folks here really like it too. So thank you so much for joining us, and travel safe, and let's keep in touch by a Skype. We will do so. Okay, okay. Thank you, Larry, and goodbye. Bill Meridian, folks, Cycles Research, he said that we've had a top in bonds last Friday, and they've been down four points. We just made new lows. We broke a 130 handle just a minute ago. We're coming into some major 382 support here in the Treasury bonds. And if they fail, they're probably gonna go down to the 125 level, maybe even lower. And now that this banking crisis has been averted and everybody's gonna have all the money that they need, why not? Anyway, I trade patterns, that's all I look at. And we were saying, Monday, it looked like, actually Friday, it looked like we had a three drive to a top pattern in the bonds, and it's worked for a few points, which is about all you can expect when you're short-term trading. I look at charts from daily, hourly, 15 minute, and sometimes five minute, maybe a little bit, maybe three minute, if it's a really interesting pattern. And we had one of those going on right now in Bitcoin, folks. Keep an eye, I don't know if you've traded or not or watched it, but what's the price of Bitcoin? Because if we get above 19,000 in Bitcoin, that is gonna be really super bullish. Because we've been at 18,200 now, four days last week and this week, and that's a 382 on that big move, and that's significant. And if it does turn, then you're looking at something that will be very, very substantial. That's the way it looks like from as we watch these things unfold today. Today, as I posted in the room, we had a beautiful ABCD pattern in the E-mini S&P up there at 430, we're not much below that right now at 418 or something like that, but the high was 431. And so we closed above 431, there's gonna be more buying coming in and you can't be standing aside for markets go up because even the news, even as bad as it was, the market was telling us that it was making some type of a bottom. I mean, we had higher bottoms in everything, including the NASDAQ. And that's what led to this really strong rally that started a week ago Wednesday. And that's when we were down, if you remember, it was Tuesday, I mean, we got to 38, 39. If you remember that was the big 61% retracement and that's where the pedal met the metal and by golly, off they went to the races. So the thing we're watching today, of course, is that pattern in the long-term gold, the number we were looking for was very, very close to what we hit. Anyway, we did make a new low down there at 1939, which was a 1.618 expansion of the last move. And of course, if you buy that, you know, we were looking at 1944 and 1945, the last two years of the big war. And if we go below 1937, that means that this pattern has failed and gold's probably gonna have one heck of a big correction for everybody that bought it back there at 19, it was 2020 on Friday, actually on Monday, when it actually hit 2020. And then we've come all the way down here to 1940, folks. You know, that's 80 handles and that's right at, you know, harmonic number in gold is 36 times two is 72. Boy, that's very, very close to harmonic number. So I'll see what happens to it. But by golly, you know, if you're a gambling man, you wanna put the odds in your favor. That's what Bill's work is so good about because he looks at the probabilities of where these things should turn. So we're gonna take a break here. Eight, seven, seven, nine, two, seven, six, six, four, eight. Billy Ray Valentine, Capricorn. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. 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That's TFNN.com and hit Watch Tiger TV. Okay, we're back folks. Larry Pesaveto giving you your end of the show here for trade what you see. The main thing is, is to watch this $40 break we've had here, almost $50 break here in gold today. We're sitting at some major ABCD levels, but I posted a chart of Citibank up here folks and you can see all of these banks are pretty bad. They've been going down for quite a while. All of them have been going down. And then we had the big move down. Well, was this an exhaustion move? Well, folks, if these banks start to come back really strong this is gonna be a really big impetus to the stock market. And that means they could go a lot, a lot higher. But if the banks continue to fall like Bill Meridian thinks they're going to, you're looking at something that could be a little ominous out there. You hear all the things about what's being insured and uninsured and basically what they've said is everything's insured no matter what it is at any amount. Everything's insured. Well, we've heard that story before as haven't we many times folks. So let's just keep an eye on some of these things because it's gonna be real interesting to see how these things unfold as we look at some of these things here today. The currencies are actually holding up relatively well given all the news that's going on. Crude oil's had a really big run up here folks. We were very bullish crude oil this week. Never gave us a chance to buy it. It's been a straight up move. We missed our 382 and nothing we could do about it but we got short the gold, been a big one and we've sold the stocks today up there at that 40, 30 was a big ABCD. And then also we've been short bonds for a few days and that's pretty much it. Our grain position was taken out at break even today. A little bit sadness on that one because we had about a $1,300 profit in it and there's nothing I can do about that because I have to keep the stop and break even. That's it. Listen, I'm gonna be taking over for my good friend, recently departed. God love him, Dave White. I'm gonna be taking his show next. So we'll be right back. We're gonna look at bank stock.