 The following is a presentation of TFNN Trade what you see With Larry Pezzavento Toll free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Okay, looking good Billy Ray feeling good Louis Billy Ray Valentine 100 South Broad Street Philadelphia, Pennsylvania The first question the people asked me is how can the market rally 900 handles after looking so bad yesterday folks I posted the chart of the E-mini yesterday. I'm gonna post it again today And all it is is a B equals CD and a little bit of Fibonacci You can see the perfect a Bcd patterns. I've also posted today. I believe I have just make sure that we can get it up here Hold on one second, and you'll be able to see it Give me a second folks. I I just did it and Unfortunately, the trading gods are sometimes sneaking away from me, but I do have this one So here was what we looking at I'm just looking at it a day at a time because these folks were trading against these guys That have these numbers just like what we look at standard deviations 200 a moving averages Look at the high that we made here on last Friday folks You'll see that we made a perfect 61 percent retracement to the exact penny folks at 4 4 6 6 50 and that was the high We're trading about 30 handles under that right now these numbers folks there They are everywhere in the market because the market is nothing but numbers the fundamentals Are the things that put out the fog on the stuff, but it's all related to numbers I posted a chart yesterday that I thought was the most important chart that I have personally seen in a very Very long time and I'll give I want to do it again because it's that important to me And I hope it's that important to you. This is the chart that came right out of the London paper Last Sunday I basically was it was the betting line for the coming race And it was showing you how the odds were changing in relation to the price and volume of the money coming in And if that's not you know, if it picked your pattern recognition, I don't know what is it's a b equal cd And it's all related to numbers and stuff and how much money moves around and that's all it is in the stock market, too That's all I'm trying to do now There was another reason why we had a very very strong bounce off of the market Last night and those of you that follow, you know the 24 7 and stuff What we're doing is look at this folks. This was so we talked about standard deviations and deviations from the mean But look at this folks This is the standard deviation on the on the NASDAQ last night when exactly it rallied 400 points folks From that bottom. Now, fortunately, we've got some students out there one in particular Mr BV down in Dallas that post these things for us And I wanted to show you what he posted this morning and also hold on just a second shut the front door and raise the rent Oh, the f-16s are flying today folks. Hold on one second here. They're Making a lot of noise up in here And we'll get this up here This is Billy's chart that he has looking all the different things and he circled the NASDAQ and that's the same one that I posted Only I did it on a on the chart You'll be able to see that it was exact same number and these people that are doing these algorithmic charts These are the quants from Andrew Lowe and also from Jim Simons and renaissance and the e-shaw all those guys and other quants of waltz I don't know if you know this but Jeff Bezos. He actually worked for Jim Simmons and renaissance. So There's a pretty smart dudes out there using all we're doing is looking at him in context to what the market is doing and that's That's you really that the bottom line and they're in all the markets. Let's just take a look here You'll see one here in the Dax for just a second. We'll get it up And you'll be able to see it without too much trouble no guest today. So if you have any questions It's 877-927-6648 be sure if you like Joe Denapoli and most people do because he's He's been around a long time. He's a really great stand-up guy and he's very funny And he tells it like it is he'll be our guest tomorrow for the whole hour I'm gonna try to get him on an hour a month because his time evidently is pretty valuable So he wants to keep it, you know concise it at one one setting as opposed to doing two a month or so That's what I'm gonna try to do to get him to do that So let's remind ourselves that that's what we're watching when we listen to Joe tomorrow He's really got some fine. He pulls no punches folks is those of you that know him that you know He's he's pretty pretty right on the money of what he's what he's trying to do Oh say We are also we have just been informed by our good friend down in Dallas that we just made one standard deviation In the gold market up here at the 1980 in the 1980s and so that's a very interesting one Also, we had a interesting trade here in gold this morning I'll get this up here because I have to change it just a little bit because I move the stop around when the markets are Moving around quite a bit This is the this just a 15 minute chart in gold showing the ABCD pattern And as you can see we went right up to that deep point up there at said we were selling at 74 They went to 77 they backed off about 10 bucks from there and of course, you know We narrow our stop down quite a bit Even before this one here because it was moving so quickly Because once you get an $800 profit in something and you've already made 800 You know and you and you're only risking you know $8 in it That's silly to risk the whole 16 in other words all the money that you made Plus the money that you were originally going to risk that's a $1600 swing versus an $800 swing So you want to try to get your stops down to break even just as soon as you possibly can so But those are just common sense folks. I mean, I mean you stop and think about the money that's moving You it's a matter. It's not how much money you make folks It's how much money you don't lose and that's a that's a real key real key factor to pay attention to as You're as you're going through some of these so I hope you keep that in mind because it's It's important as we look at some of these things here. All I do know is that I've got a really interesting segment coming up on the treasury bond market and I woke up this morning and found out the whole world was looking what I was looking at So I'll share with you what I was watching, but it's still not Still hasn't happened yet, but I think we're getting close to it And I'll share that to you when we come back from the break because I think it's important to Remind ourselves that you know, we have to be prepared More more than most in these markets now because the volatility is so great I mean, it's just absolutely used and that's one of the advantages of the patterns If you go down to a 15-minute chart or a half hour chart even an hourly chart You can narrow your loss down to a very very small amount and that's the whole key You know eventually you're going to catch some of these big ones, you know, whether it's a Crude oil gasoline, it doesn't make any difference. You'll catch some There's just it's just a matter of you know keeping your chips close to your vest until you find one that lines up Really beautiful. I want to bring the chart up here the NASDAQ and discuss it a little bit more When we come back from the break because it had so much information in it yesterday that I think that it's worthy of a little bit of a Look see when we come back here from the break So let's remind ourselves Al if you'd be so kind enough to give me a heads up when the break comes up because I don't have a clock to Run off of this and I don't want to have any dead time here So if you'll be kind enough to do that, I would appreciate 877-927-66. Oh, thank you Al. Very good You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN.com The opening call newsletter is written by Basil Chapman Creator of the trading methodology known as the Chapman Wave The Chapman Wave up-down sequence gives you an edge in identifying price turns Finding the peaks and valleys and stock prices get the opening call newsletter by Basil Chapman in your inbox every day First-time subscribers also get a 30-day money back guarantee if you're not satisfied Let us know and you'll get a full refund within 30 days of signing up TFNN.com educating investors What's separating you from the most successful men and women on Wall Street? 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I overslept I having a little bit of a jet lag, I guess but let me get this up here He posted it and it was posted by a whole bunch of other people Later this morning people were sending me charts on it You know asking me what it was and basically basically what this is a really long-term picture of interest rates going back quite a ways you notice that The the part of the problem is see when you're looking at the Treasury bonds folks They didn't try it start trading as a commodity until January of 1976 I started in August to 76 at Drexel So they were just just started to trade bonds and they opened at 6 in the morning. They closed at noon so that was perfect for for me and with my trading hours and stuff but All this is showing a logarithmic chart of this big spike that we have an interest rate But there's something a whole lot more important than that. So let let's go into that just a little bit I think you'll have an interest in this first of all. Let's go back and see where we were just a few weeks Oh shut the front door and raise your hand Hit the wrong button cowboy. Hold on just a second here. Don't let an Italian and be intro in control of a mouse Okay, you'll notice here that we've had that one three five pattern of lower tops we talk about it a great deal and When you see this, you know that the market is heading to the downside And so you hold on folks my beeper is going off that means something good is happening in There's what we wanted to hear. Yeah, hold on just a second. That is that that's they're ringing the bell over at the border trade Actually, it's a murk anymore. It's no longer the border trade but we just made a 382 retracement in the Treasury bonds there folks at 143.04 and that's important and I'll show you why In just a moment, but I've got to get these charts up lined one at a one The one that's up there now is the one three five and the weekly Treasury bonds That was one tick point five was one tick off the 61 percent retracement of the high back in August This is a weekly by the way. You can see what's happened. We bring out one two three four five six out of seven weeks Look at that number down there folks one point six one eight That's where I think we're going to get to in the next couple of days and that's where You know, we better take a look at that because I think it'll be something that may be holding for a very very very very long time Now hold on just one second here. I've got to bring I've got these up in order So that you'll be able to see it the next thing I wanted to bring to your attention is the open interest here again I want to thank our good friend Billy V About these pictures of this now this happens to be the open interest of the Oh, excuse me of the open interest of the Treasury notes and the Treasury bonds And as you can see here as the market goes up and it starts rallying and open interest is dropping That's a sign of market weakness when the market was rallying up there when it was at 159 Okay, now you can see what's happened since 159. We're down to 141 You know, that's a $17,000 Hickey folks for people that were long and that's not a very cushy feeling if you're long So this is why I think we're getting ready to see a huge short-covering rally and You can see it in the Treasury notes and Treasury bonds the market has now started to lose open interest as market goes down That's a sign the market is actually weakening because shorts has Stop pressing it to the downside so that's something that's is Necessary to have in order to have the the Short-covering rally that may or may not be coming all I know is that when it does come it's going to scare the bejeebies out of everything Now, I know the ETFs are important here. I don't trade those I don't look at them very often But the one that looks really interesting and I'll bring this up to your to let you folks take a look at it And let me get up here And I just don't understand why that doesn't show up the way I wanted to do but shucks I just can't do anything more than that Just give me up here to get the change the window. I hope you can see the this is the ETF for the Treasury bonds. I think it's called the TLT as I recall Let's get it up here so we can see it clearly at this is the TLT weekly You notice we've made the profit objectives down here on the weekly folks. That's a giant ABCD pattern that the 382 came in You know way back in December of last year. We've completed this major pattern in here So I get ready for a big short covering rally because I believe and it might you know It could really surprise a lot of people Why I don't know it could be a flight to quality and maybe you know, it's going to be the other side of the coin It's just going to be a total meltdown which that is also possible So those are some of the things that you got to remind ourselves. I hear what I just posted for you This is the TBT. Let me get it up here that beeper that I was listening to this next one that we were watching here is the the TLT This is the TBT and as you can this is the bonds so you notice that the bonds this is the reverse of the Bonds and where this goes up bonds goes down and as you can see that we've got that 382 coming in on the weekly too So this is some of the things that are that are happening here. I Can now can you tell me how I can see these charts as I'm talking about them because what it says here? It says cricket noise closed stream. I don't know what that is I There's so many buttons to click on here that I'm I'm at a quagmire to find out which one to push But I'll just keep talking till I run out of words, which will probably be here for about 300 years Hold on here. We'll get up here now. This is the next one. I wanted to show you folks this is the Treasury notes on the weekly now this the note contract folks is about three times bigger than the Treasury bonds because this is where we get our credit cards and our auto loans mortgages all this comes off of this one right here So that's the main thing and We'll be seeing to what's going to be happening with this here So I hope this points out that the buy signal is not here yet The first sign was that beeper that just went off just a few minutes ago And I will find out whether that's going to be a big deal or not may or may not be we just have to do You know one thing at a time and then we'll we'll go from that level as we as we see it on fold here eight seven seven nine two seven six six four eight You having fun trading the markets, but having trouble finding like-minded individuals to discuss your trading and investment ideas with Become an apex predator 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 these sharpest minds in the trading world Subscribers to the Tigers 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 Tigers as they share trading ideas news analysis and discuss the market action all trading day Subscribe to the Tigers Den risk-free with our 30-day money-back guarantee and become part of the tfnn trading community tfnn educating investors You could be making money off the stock market and if you're already making money off the stock market You could be making a lot more Check out tfnn and Tiger TV and get expert investing advice to give you the power to control your financial future Go to tfnn.com and find the newsletter for you whether you're into trading gold metals futures Currencies or options you'll get advice and analysis to help you seriously get ahead tfnn also features trading services with a 30-day money-back guarantee for new subscribers as well as tfnn's Tiger Den trading room trading software and educational webinars for all trading levels and make sure you check out Tiger TV for free on tfnn.com or tfnn's YouTube channel for live financial content from 8 30 a.m. To 4 p.m. Eastern on market days Stop watching on the sidelines while other people get rich and become the investor you were born to be tfnn educating investors tfnn is excited about our new software charting program the art of timing the trade charts in collaboration with Tom O'Brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any trader's methodology Using this first-of-its-kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci Formation setups including Gartley's ABC's Butterflies and much more the art of timing the trade charts is designed to help you when Scouring the markets for stocks just beginning to form the trading patterns that many investors spend days weeks or even months Searching to find and right now. 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He was trading bonds and he was in Chicago as I was I've been there about a year when I first met him and He was just using AP equal CD He realized that I had talked about this pattern and And several of my books and stuff and so that's how we got to meet and I we discussed the pattern and all the things that I thought I knew about it, which I knew about a fraction of what I learned something every year about it That's the main thing but that basically what he did was he would look at the AP CD patterns in the Treasury bonds He would also use the opening price principle if bonds were above the opening price with an ABCD He would buy it if they were below the ABCD below the opening He would sell it and he kept it that simple. He only traded the first three hours of the day between six and nine or seven to ten later on when he moved out here to Tucson but that's really what he did and He never expected to be right all the time He was always worried about, you know, how much money he had at risk and that's the whole secret to what we're doing It's not how much money you make it's how much money you don't lose and that's the main thing That's a matter of fact. I've had what we call today a major frustration index day folks I had a $1,100 profit in the gold. I let it get away To make virtually nothing and then I had a $2,000 profit in the natural gas and let that get away to nothing So that's how I did it today. So I mean not all but I've had a pretty good day in the stock indices But that doesn't mean anything It's just that you know You're going to go through periods where you have some periods of frustration and you just got to move on and deal with it So let's move on to the next one But if you want to learn any a simple system just go to a T bond chart do an eight-minute chart If you don't like the T bonds go to the Euro the bonds are better because you get $31 per tick whereas with the with the Euro You're only getting $12.50. So it's three times more volatility for you to make some money You can also lose some money, but you want to have the odds in your favor, and that's what the ABCD Will do for you. So keep that keep that in mind as we're going through this thing here remember tomorrow we have a real special guest Joe DiNapoli of I think they call this I think it's called. I don't even know what they call it anymore Well, he's changed it a couple times over the year, but everybody knows who Joe DiNapoli is So let's remind ourselves that he'll be on tomorrow. He'll have the whole hour two folks So let's keep that and I forgot to post a chart of the German Dax if you like ABCD You're going to see some of the things that are in the German Dax And well that's equivalent to the S&P over in Europe as you know You can see the ABCD patterns that are popping up in here You'll be able to see this is basically you can see that's a one three five pattern right in here We came down look at the ABCs there folks how perfect they are that was another reason why we started a rally in the Market was because we stopped right there at the 3a2 with an ABCD You know it's important, you know because if we close badly today in the stock market boy that is That's what they call You know bad news bad action and you don't want to you don't want to mess with that so just keep in mind that that's it I and People people hold on people are Skyping me and asking me questions All I'm saying here in the Treasury bonds and Treasury notes is we're at a potential where we should have a major rally here folks You know, we're completing major patterns on the weekly basis that are down near 1.618 expansions I'll bring this up again to you to allow you to See what I'm watching here, but it's not that it's not anything that's not It's that's oh dear. Just a second. I got the wrong one here. I think it's this one. Oh, that's not that one Maybe it's the next one Nope, it's not that one We're gonna try one more time to see if we get it right and now we got it right hold on one second here Here's where we go by the way If you get it if you want to enter in increase your probability of winning folks go to Basel's Webinar tomorrow. It's worth every penny. I mean it really is he's got some great information as always his opening call stuff is terrific So if you get a chance to listen to Basel for seven hours That's a real treat and he's very entertaining plus historical perspective of everything. He knows is quite good All with all I'm looking at folks. I remember this is going back over two years 2021 and 22 We're making a 1.618 expansion on the weekly low of 2021 in February to the high that we made back in August. That's a 1.618 expansion there at 139 we've been as low as 141 the high today was 143 That's nothing more than a little 38 to bounce off of the last two days trading range Means absolutely nothing statistically But watch that number should be get a move down to that 139 level Basically, it's 139 32, which is basically 140. So we'll call it 140 the low has been 140 one and change Is that enough? I don't think so because that ABCD has been waiting there for such a long time And I think we have to have one more little washout down to that 140 But you know who knows during these times what will happen, but that's what I'm looking at and as I look at the others We're very close on some of these, but We'll see I have no position in it. All I'm doing is pointing to your attention It's a technical pattern that I see happening and I can give you no more information than that because that's all I really know That's a that's the key to what we're paying attention to here. Hold on one second here I need to I need to pull up one other chart that is Really interesting here. Let's get this up here, and I just wanted to show you here's what happened today Oh, this is just when I look at this. I'm gonna get ill folks. So bear with me here This is the I sent the video out on this last night But here is the picture of the natural gas that I was looking at To notice here the double one point six one eight expansions right up here You see the two of them right there. Well, they were above that by about six dollars So I said the only way you can do this is if you move down to an hourly chart So I did and the market was making a beautiful retracement there at the 680 level well They were from 680 down to 620 back to where I sold it at 680 and up You know, I had a $2,000 profit and I didn't make anything in it But I didn't lose anything and that's that's an important fact too, but when you stop and think of it You know, there's a one of the factors of the four the four fears are leaving money on the table Well, that's one of those fears. Hey, you know, it's not a fear. It's just a frustration Oh, how in the hell did I let that happen? You know why let it happen because I thought that could be a move like we had Way back here in February where the market dropped 20 grand here in just About $12,000 in two days or four days and that's I was thinking. Oh, wow. Look at my chops Well, I had my napkin on and I was able to get my chops cleaned up But I didn't make any money, but that's okay. He didn't lose any so I'll move on to the next one And we'll see how that one works out several people have asked me because there's a lot of Information on the internet and also on some of the channels like CNBC and Bloomberg about the collapse of the US dollar folks Folks I do not see any anything in these charts. It makes me think that the darn thing is going to collapse I I just don't see that it just doesn't appear that it's going to you know, be it's in the it's in the run I just doesn't look like it, you know, so I could be could be 100% wrong But we'll see 877-927-6648 we'll be right back 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 to the type of 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 the 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 meet back guarantee TFNN Educating Investors Are China A shares hot or not? 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That's tfnn.com then hit watch tiger tv Okay, we're back folks. I posted the chart of the u.s. Dollar index Uh, as you can see here, we're far above the 61 retracement. We are getting close to the U.s. Dollar index at the 78 percent level which is 100 par 76 That's only 70 some pips from where we are right now That may or may not be top But any people are telling you that the demise of the u.s. Dollar ought to take a look at this chart Because this is over the past year, you know this thing bottom down there at 89 now at one We're up over 20 percent. So yeah, you could change really quickly But there doesn't seem to be looking at this chart There's any change is going to happen at least until we get up to the 78 percent level If we focus on just a couple of other of these things that that we look at These charts that you know give us some idea of what direction these things are going I want you to take a look at one other one here and that just a second here because that's the euro On the weekly basis. I put this in the newsletter Every week to show you the fact that these things are not always What they seem when they're talking to them about the market On the news and stuff like that because they talk about this the soaring euro And the well not soaring but the rallying euro where that where the person got this Is a major major What we call mystery to me because I didn't see this at all. I mean that's just you can see here Hold on. It's good to get up here. Take a look at it. Oh, that didn't work. Here we go You can see here. We've had lower tops all along in here and we're heading down to this area here folks Which is 106 now that'll be a pretty big double bottom And that might be equivalent to what we're looking at in the u.s. Dollar index But right now there's no indication at all and I'm not even sure That this is going to be the one that people migrate to Because remember the dollar index 53 percent of it is in the euro and uh, you know, you just you can't build a uh a big financial system on these things or, uh What do you call it a a trading program just on one particular currency? You got to wrap it around everybody talks about the billion dollars that George Soros the made, you know many many years ago He did that by wrapping it around the the credit instruments of the italian lira And that's uh, you know, this was a totally different than what was reported But that's exactly what he did and so those are a few of the things that uh, when you're when you hear him in the news, you know It's like everything folks what they say and what they do are are two different things So remind ourselves of that that that's uh, that's part of the problem is that you got to Separate the you know the old fly poop from the fly poop from the pepper because they look alike But their functions are a whole lot different. So Remind ourselves of that as we look at this. I'm trying to find The australian dollar here, but I've evidently I have lost it Uh thought for sure that I had it, but uh, it is not here That's not it. Oh shut the front door and I know it's here I just don't see it right in front of me and believe me. Uh, it has to jump out up I think this is it sure enough right in front of me to fit up in the snake It a bit me hold on just a second here Get this up here. You'll see here is where we were. We had this big a bcd pattern The market backed off four days and look at snapback really quickly from the 382 level And maybe this is the one that's going to tell us and this is related It's gets related to the commodities. You can see that 382 retracement right here with a big wide ranging bar to the outside We were down five days in a row and then we turned around and went up and so Those are a few of the things that we're looking at here today Okay question arises is how do I determine? You know what my loss is on any of these things folks? I trade at point d As long as I can trade point d between a $300 and a $500 Loss I'm going to do that all day long because I know it's probabilities They'll be on my side more than they're wrong However, when you trade crude oil and when you trade gold you've got to be a little bit more flexible Because the crude oil, you know, it's runs a thousand dollars a barrel and it swings. Look at it today folks It's up four or five dollars. That's a five thousand dollar move. That's a hundred handles in the s&p Well last night the s&p almost did a hundred handles We did 80 some handles last night folks up to that fit point up there at 44 66 so the close today is going to be very very important because this is nothing more Than a snapback rally right now unless we close above 44 80 That would tell us yes It's got more legs to the upside and then it looks like we're getting ready to form another Period of congestion there however it may last one or two days. I don't know Regarding the news versus the you know the things going on in russia The big bulk of that stuff is probably done unless there's an outlier event like a flash nuclear One of those mini bombs that they talk about or some, uh, you know bombing Poland and if they do that's probably a mistake or trying to bring someone into the war That just like they did with the united states in japan Japan bombed hurl pearl harbor and that forced the united states into a war they didn't want to go into Where we lost a couple hundred thousand men Over a period of four years and it changed our landscaping Not not the physical landscape. I don't know if you folks are not do you know that we were attacked On our on our soil only once in a foreign war that was in world war two It was in santa barbara california. There was a restaurant there called the timbers And it was a restaurant that got a submarine came out of the water of the pacific there And the channel islands and fired a couple of rounds and hit that it hit that restaurant And it was semi destroyed, but they rebuilt well, it couldn't be semi destroyed if they rebuilt it But they rebuilt it and they they renamed it the timbers because As it was burning the guy decided i'm bringing this back as that was the only time we've ever been fired upon is As I recall But uh, that's that was a big selling point for that restaurant. By the way, the food was terrible. That's why I did last very long Okay, back to the s&p several ask a question. This is why it's important get it up here because I know the break's coming quickly And um, this is why you're going to get up here to take a look at it There's the chart that we're looking at. You see we had the abcd to the downside. These are perfect folks. That's a b cd a b cd and all I did with this a b cd folks It was this one right here and I cloned it. I just moved it over because these were exactly equal This with a mark it repeats itself over and over again. How can it do this and people not see this? a b cd a b cd He's standing right behind me with his hand on my shoulder. God. Love you mark Anyway, this is a key right here if we get above this level right here, which is a 61 of this move It's going to break this downtrend line You see that downtrend line that people like to look at and then it's going to grow up Could it break the downtrend line here? No, it could not. Why was that because this is nothing more than a 1 3 5 pattern. Why is it 1 3 5 the distance between 1 and 3 Is equal and 3 and 5 is equal. It's also an equal swing up to the 61 percent retracement This was a move up to the 3 a 2 retracement and that's where you get this level right here So the key here is today folks closing above 44 70 Very very positive. Otherwise, this is nothing more than a dcb dead cat bounce So that's uh reminding ourselves what we're looking at. So we're going to take a little break here pay a few bills 8779276648 keep those cards and letters coming in folks. 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I posted that chart into you just a minute ago on the The us dollar the excuse me the treasury bonds and you'll see what that's going on But I wanted to bring this to your attention too because I've been five follow these bonds Interday a lot because they trade so nicely and they're loaded with a b a b equal cd But just take a look at this one folks This is a one over the last several days Back the last 10 days or so in the treasury bonds, but look at this here I don't care whether your rocket science is rocket science or not Look at the look at the 382 retracements on these puppies here. Look, I mean you can't make this up I mean these are and we just banged one right here just a little while ago That's working already to the tune of a couple hundred bucks So that's really all you're watching is watch these 382s. That'll get you to the promised land You know, so I think it's important to pay a close attention to you Now the key the key chart today of all you e-mini s and p people Is going to be this one right here just just have to take a look at it And you'll be able to see Which direction you're going to go just by looking at what the market's trying to tell you mathematically Some big some smart people are out there folks that know what these numbers are But look it misses it here and then it goes back and gets it right at the opening to the exact penny folks The 61 percent retracement yesterday or friday Look at that this right on the money and so we're trading somewhere in that ballpark where I don't know But that's it tomorrow. We're going to have mr. Joe Denapoli Denapoli levels is what it's called. It just dawned on me. That's what he called it And uh, but jim jim joe will be our guest tomorrow always entertaining and very very funny little eccentric at time But we like eccentricity eccentricity is our middle name here at tfnn so Anyway, that'll be our guest tomorrow and be sure that you live every day in an attitude of gratitude and may god bless And try to help your neighbors the best you can folks because there's still a lot of people out there That are hurting and they do need help. So we'll see you on the flip side tomorrow with joe denapoli