 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 The following is a presentation of TFNN Okay folks we're talking about the NASDAQ here looking at a 4-hour chart and as you can see we have completed an A-B-C-D pattern here there is A-B-C-D the reason why this is important to me folks and it should be to you too on page 221 and 222 of Gartley's book Profits in the Stock Market by H.M. Gartley written in 1937 and sold to the public for $1,500 of which he sold 12 copies as we know it today but the reason why this is important he said in that this is the only time two pages to describe one pattern now he didn't use the word Fibonacci through this he this was before the time of H.M. R.R. Ralph Elliott Ralph Nelson Elliott R.N. Elliott it was before his time but I'm sure they might have known each other during that time or afterwards I'm not sure but anyway on page 221 and 222 he describes this A-B-C-D pattern and he said it was a single best pattern that you could have where you didn't have to try to pick a top he said all you have to do was to find an A-B-C-D pattern the first one after a top had been made and sell that pattern and it'll get you in the direction of the trend that's what he was talking about now you'll notice at this high right here as you can see this very very clearly okay now the next chart is the one it's going to say it's going to be like a civil war chart it's going to blow your socks off because it did to me when it was shared to me by one of my followers I guess there's the cult followers actually a student but I want to show you this because this is this is for true folks I didn't make this up I would have liked to but I couldn't I'm not that quick get this up here and look at this folks if you're ready for this and you want to be bullish stocks be careful be very very careful because today's high was exactly to the tick arena rua to the 382 of the high we made way back here in September that is dangerous folks we made a perfect A-B-C-D and that is a major major sell signal now getting on the sell signals there's a whole lot of baloney going out there and it's not baloney it's just stuff that is using astrology about what's going to happen to the market next I'm going to share with you some of these things that we're looking at here but remember all I'm going to do is just give it to you straight the best I can of where I think we are given the fact that we're looking at some of these charts for the first time well they're not the first time but they're there to tell us where we are in the market based on what the astrology is telling us okay now the first one we're going to talk about is one from chris carillon I want to get it up here because it's a very interesting one here and he has basically talked oh let's get this chart up so everybody could see it larry be nice if you could put it in here and here we go now these were forwarded to me by other members of the dan and the tiger financial news network stuff but you'll notice these are the characteristics of the markets from 1929 1987 and where we are today now I don't know if this is going to happen or not all I know is I'm just sharing you the information I don't know I will tell you this tomorrow's guest Tim boss who's been saying something like this is getting ready to happen sometime towards the end of October is going to be our guest and he's got a roadmap for us to look at so try to not miss the show tomorrow it's going to be a really really interesting roadmap to look at now the next one comes from our good friend over the valley of the sun dr tb over in las vegas and we want to get this one up here because this one is a little clear if you like astrology you're going to love this one I like it I don't understand a lot of it but the trouble is I'm surrounded by people that are very good at it here's the same thing looking at yam kapoor that type of cycle which is very important and I think that you know once you start seeing these things you know maybe they'll make a little sense to you I was involved with this stuff for you know quite some time and I had a really good run in it there was no question about that I had I I was extremely lucky I guess and so all I wanted to do was to show you one of these and I had it ready to go and son of a gun I can't find it it's got to be here somewhere I have it I sent so many charts out that I lose track of where I am but this is where we are this is my that's not this is not it I don't think it there this is the one here we go I've got it never mind never fear Billy Ray Valentine is here hold on one second finally got some sleep last night folks after three days man I got a good night sleep okay here was 1987 harmonic convergence we had five planets in the sign of Gemini right here 25th of August the mark came down came down into the solar eclipse of the 27th of August 27th of September rallied up into October the 6th okay now that's where we are right now folks that's where we are right now October the 6th now this was all done in one day boys and girls I don't 16 percent in the doubt you don't want to see anything like that happen but I don't think that's going to happen I think we're in a bear market but I don't think we're going to have a crash we could we got so many things out there that could give us a crash my guys we've got the UK we've got China we've got the Ukraine we've got COVID we've got oil prices we've got inflation we've got a little bit of this a little bit of that so whether any of these things happen or not I don't know the one thing I do know and I will say this very emphatically and let me get this chart up here one more time because this is I'm just a numbers guy I look at lines and charts and stuff that's all I look at but if this one here right here and I've been saying this for 10 weeks don't be long over the weekend if we get down into here the next two days we've got Wednesday Thursday Friday if we're down in here on Friday folks the ABCD that you're going to be looking at is not going to be this a b c d it's going to be this a b c d and that's going to be way way down toward our target Johnny's raising his hand he's got his little placard out there 3185 is what he's looking fat for an e mini s and p and we're trading just a tad under 3700 right now so that's what we're watching here as we look at some of these things here unfolding here this morning so I hope these questions will answer part of the things that you might have going today if you have any questions it's 8779276648 I'm going to be the devil's advocate coming up when we get back from taking our break here to go over some of the things that are happening in the market because they could very easily be causing a short side or a what we call a short side squeeze to the upside to that could also be happening so we want to pay very very close attention to that as we look at these markets moving down wow we've hit the down pretty hard here so far today we've got to talk a little bit about one other market folks that is the the pope just left the offices of the treasury notes and treasury bonds he's given them last rites and we'll see what happens with that we'll be right back folks 8779276648 teddy keg stat has just announced a live webinar coming up for subscribers to his newsletter the tiger forex report wednesday october 26th at 4 p.m. eastern time teddy will be hosting a live 60 minute webinar forex strategies and fundamentals what is behind the tiger forex report newsletter in this 60 minute webinar teddy will be discussing a full breakdown of the markets that influence currency pairs as well as applying those variables to individual currency pairs how to evaluate trading scenarios for risk versus reward as well as a live question and answer session sign up now and gain instant access to this live webinar coming up as well as a month subscription to teddy's tiger forex report which comes with a 30 day money back guarantee so you have nothing to risk don't miss out on this live webinar event with teddy kegs at wednesday october 26th sign up now for the tiger forex report at the front page of tfnn.com steve rhodes started his trading career as a student almost 20 years ago and the student has now become the master steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 finishing at number two for the year an amazing accomplishment steve rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his mastering probability newsletter steve's award-winning newsletter mastering probability is delivered every trading day with updates throughout the afternoon sign up for steve's market newsletter mastering probability and you'll receive access to seven of steve's educational webinars absolutely free at tfnn all our newsletters come with a 30 day money back guarantee so you have absolutely nothing to worry about visit tfnn.com and try mastering probability 30 days risk-free today tfnn educating investors are you looking for a way to consistently add winning trades to your portfolio tom o brian is here to help tom o brian has been successfully trading markets for over 30 years a frequent contributor to td ameritrade network and cnbc tom o brian founded tfnn over 20 years ago to help educate investors just like you tom's daily market newsletter market insights is published every morning when the markets open to give you the competitive informational edge you need to succeed these newsletters are packed full of tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio get tom o brian'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 okay folk the pope has just left the Vatican he's given last rights to the treasury notes and treasury bonds this is a chart going back over the last six weeks the 1.618 expansion on this came down as you can see 120 108 it's at the moment of truth is where it is folks we have been in a very very strong bear market this is a bear market folks when this rally occurs it's just a rally in a bear market there is no bottom in the treasury bonds treasury notes we're going higher probably six seven eight percent i don't know where but we're going higher there's trouble in river city we've been printing money for 18 years what's he know since 07 with the helicopter ben and the wonderful idea quantitative easing almost as good as the one of negative interest rates and now the people want their money and they ain't getting it and that makes them very very angry and that's why you're seeing these things happening right now now if we take a look and i'm going to show you the next chart which is the long-term view of the treasury notes and treasury bonds and give me one second here i found out here we go so we get this up here you'll be able to see it here's where we are right now you can see here 382 retracement 382 retracement 382 retracement and you see this lower line right here folks this is where we're just the beeper just went off on that little puppy so really careful because if that thing fails wow that's going to be a meltdown like you can't believe look at this folks we're down 16 weeks in a row and you know we've had nothing but 382 bounces all through that i mean that's uh you know people trying to pick bottom in a market like that is yeah not the smartest thing in the world so let's uh let's remind ourselves of that okay it's not how much money you make it's how much money you don't lose people just ask me again do i think a crisis coming i don't know and worse than that i don't even care as long as the markets are open for business and can show us a pattern we can make a few bucks you don't want it to be like 1987 folks you want it to be very very orderly like this treasury bond market and treasury note market you want to see a really bearish market that we that we had a position in that looked really good for a little while and then just literally gave up the gave up the the proverbial ghost let's take a look at this one right here folks this is natural gas we made really good money on the way down here because we caught we caught some of those bottoms but this the simple trade the simple trade and we got out of the 382s and stuff but look how easy it was here's a four-hour chart of the uh this now we took it we took our shot right here we bought it right there because that was a 78 percent of that move right there that paid really good money it was well over $1500 if you'd have taken that we got out right at the 382 did i go short no i did not my my bad i probably should have well retrospect oh my god you can't believe how good i am in retrospect on these charts oh don't ever stand in front of my paper trading anybody look at this there's your first 382 retracement okay there's your second 382 retracement there's your third 382 retracement and now we're heading down to the big dipper we're below we're substantially below six folks and europe's looking at one of the supposedly one of the coldest winters that they're ever going to have i personally think it'll be one of the warmest winners they've ever had only because i'm a basically a contrarian but anyway that's what you're watching when you're you're looking at some of these things now the same thing could start to happen now in stock so we're going to be prepared for that if in fact we get to that point but getting back to the spot whether i think it's a crash or not don't really care all i wanted to do is to trade fluidly because then you can make money crashes folks there was illiquity there that day that you do not want to see we haven't even seen a limit down move in the in the s&p ever i don't think so i i don't well i can't remember one since these new uh seven percent rules of the market drop seven percent it locks limit wait it did on the election night of a 2016 yes it did it was limit down and then turned and had a roaring rally for six years now folks i have a christmas present for all of you okay this comes from trader tom our good buddy over there at telegram and company trader telegram i have an announcement on that in just a minute but here is our our german dax folks look at this this is a daily chart look at the look at the abcd's look at the retracement look how pretty that is you know i mean all you have to sell the lower highs and you know you can buy the bottoms and you know catch the rallies but the easy ones are selling the lower highs it's that it's that quite simple i think it's a beautiful chart coming for our friends over at telegram i have an announcement for tfn and tommy i hope you're listening bubba because we are going to go to a telegram channel here pretty soon in about 10 days i'm going to do it free for a little bit maybe a week or two and then tfn then we'll do the billing on it just like if you're a 24 7 that'll be part of the 24 7 program but you'll be getting my charts middle of the night whenever i send them out you'll get them instantaneously just like i get them but a bing but a boom whether they make any money on it or not i don't know sometimes i'm good sometimes i'm not so good all i know is if you stick with me over a long period of time you'll probably make a buck or two but during that time it could be a rocky road and that's what we try to do is to prevent us getting to a rocky road now getting to the positions that we have on right now folks is we have a we had a long position in bonds that lasted for four pips or 131 dollars we're short the british pound we're short the euro and we're short gold and there's one other one then of course the stock indices those are the ones that we have on uh we've had on for quite some time but the one last night it'll you know we we're talking about those 382 numbers and stuff those are the ones that you have to look at because you know they don't come along very often but when they do come along you know it makes it pretty nice to look at and i've got a request request to talk about one of our stocks at almost all of us using that is netflix we'll get this up here it's doubled in price folks believe it or not it's doubled in price but you're not going to believe folks i can't make this up this is a weekly chart you see the weekly high that we had right back here that was an exact 382 today up there 276 and change i don't know where it's trading now but that was the 382 in the netflix so very interesting on what we have going on here today and we had one other chart to show you if you'll bear with me one second i will get it up here and show it to you the dollar index here is run we want because we felt that this dollar index still had a way to go to the upside all we were doing when we were seeing this chart was a formation of an abcd right in here which we did which was right at the old high that was a perfect small abcd here five-day correction and now we're back above that level heading towards that 121 level which is our ultimate objective in the dollar index for this run now just a few minutes for five more minutes we're going to have a adrian toga rayon a class act you'll not find a better one and well i'll be a tie with her in polity because she's pretty class active in the female generia because that's those are my only female guests shut the front door i'll have to call uh what's her name el mcpherson and she feel el el mcpherson and i used to be an item many years ago uh she never did show up for any of my dates but i always had a crush on her anyway we'll have adrian toga ray today tomorrow don't miss uh tim boss because gosh he's the one that uh told us to get ready freddy for something crazy so we'll see what's happened live every day in an attitude of gratitude but don't leave we'll be right back if you want to 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 published a gold report with coverage of gold silver bonds the xu 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 tfnn is excited about our new software charting program the art of timing the trade charts in collaboration with tom o' brian 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 guardleaf 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 we're offering licenses available at only seventy nine dollars a month we are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money back guarantee don't miss out on this incredible new piece of software get your copy of the art of timing the trade charts today by visiting tfnn.com sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at tfnn you'll get advice and guidance from the authority and technical market analysis and it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv live every market day from 8 30 a.m. to 4 p.m. eastern 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 this segment is brought to you by think or swim for more information just click the think or swim banner on the front page of tfnn.com okay we're back folks and i believe we have adrian toga ray trading on target as our guest today finally how are you at thank you hope you're doing the same yes everything's good you want to tell the folks what you're going to tell us today or show us i'm going to be telling you i'm going to be talking about back to basics years of presenting at traders financial conferences where i always used to meet you i found that there was a common thread of how people commented on my booth over the years i had a sign and the sign read we sell discipline well when i love when the when the people first came and looked at the sign you can imagine the kind of comments that i would get and then a year later they would come and they would say you know this is important but the third or fourth year is they still were in business all of a sudden i found them sitting in my booth waiting for me and saying what do i have to do now we have to start with the basics and the basics are all about the knowledge of the markets you know start with the jesse livermore book reminiscent of the stock opera and then read other classics such as yours i have a list of some of them on my website under resources then listen to podcasts and webinars and radio shows like yours perhaps take classes but do some research on the people that you're committing yourself to most most of the so-called traders who teach you how to trade don't have proven results for making money lucky the people that are listening in to you have the resources of of what you have to give them larry which is very valuable and you are you have been an inspiration for so many years to so many people in 1992 i gave my first seminar for traders in hawaii and there were 15 people in the room i was teaching this with the late van tharp and another trader and there were 14 people in the room that were traders that were active traders and there was one person who was a lawyer and i went over to him and i said why are you here since you've never traded and he says well i've been told by so many people that discipline and psychology of trading is the most important part of trading so i'm starting with that first he was one of the few people that i've ever met in my career that actually made money in six months of course he had the resources of people in the room also to count on and but he did it the right way and when a person starts to trade they usually want to rush to make money the problem of being in a rush is that it always proves to be costly and frustrating and take more time to achieve your goals to be a medical doctor or be a lawyer takes many years and costs both loads of money to be a successful trader it's even more challenging and can take even longer and cost you many losses it is more of a challenge to be a successful trader than most other professions but people want to come into it and make megabucks from the very beginning and that doesn't happen you know consider the fact that only 11 percent of those going into the field earn money and the average earnings of that 11 percent is about 25 percent a year i know most of the people listening can't afford to live on 25 percent of what you have in your trading account the next step after you've decided on trading strategy is to back off from any trading advice except perhaps from the traders who are successful trading your own system and even that advice should be put through a filter of how you interpret that system the one factor different from the same system is the person who is trading that system after you are successful at consistently following your rules and being profitable you maintain your success by remembering when to go back to basics so the basics that i'm talking about is having a system or methodology or strategy whatever you want to call it but your criteria for entering and exiting a trade and you also have to have rules for the psychological part of trading so that you it doesn't get you into trouble so when do you go back to basics or you start off with the basics then you find yourself successful but then you go through a serious losses your strategy isn't working you're not able to follow your strategy or market conditions of change in any case it's time to go back to testing and or getting help people that wait to get help usually find that that it takes longer to become successful again because if they if there are those losses why are those losses it's either because your strategy doesn't work or you can't follow your strategy which means you don't work another time to go back to basics is your neurology must adapt to energy change in your environment and focus and that's after a vacation you know after a vacation you you feel well here i'm well rested and i'm just going to go back doing the same thing that i did before and i'm going to get the same results no your energy has shifted that's when you have to go back and the basics aren't going to start as long as they started the first time but you have to pull back and look at your strategy maybe um sim traded for a week before you get back into the swing of things then of course going through any major changes in your life and they could be good or bad um they could be um getting married getting a divorce losing someone being a friars changing jobs christenings or bar mitzas anytime you have a major energy shift either from yourself from your spouse or from one of your children if there's an energy shift in your environment it could be at work but if there's an energy shift in your environment there'll be an energy shift in you for trading your system or methodology remember you are the one that is that's trading that system so that is going to be the biggest factor in your results another time to go back to basics is excuse me after a periodic review changing your criteria for entering and exiting a trade changing your time frames changing the times you spend trading all changes in trading will affect the balance of the decisions make making process so a periodic review should not be every week or every month it should be like every three to four months assuming your strategy works and you've you've back tested you've forward tested you've sim trade you've done all that stuff and you're you're consistently being profitable uh it's not time to to look at getting more profitable uh until you have let that uh strategy settle in settled into your neurology uh to to where you're you're you're behaving automatically once that happens then it's time to uh do a periodic review to improve on yourself or improve on your system and that's the time again to go back to basics then of course market changes i mean the markets have been like oops that's it we got to pay a few bills darlin you be with us another segment please because we want to get some information on how the folks can reach you adrian toga ray folks the class or act you'll never find we'll be right back 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 basal 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 basal 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 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 david delivers his weekly newsletters every friday with updates throughout the week you can get the technology insider at tfnn.com for only $37.50 sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer try it risk-free today with our 30 day money back guarantee tfnn educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade labu or labd directions daily s and p biotech three times bull and bear etfs visit direction investments dot com slash biotech today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at 866-4767523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four side fund services llc this program is brought to you by vista gold traded on the nyse american ntsx under the symbol vgz adrian i really enjoyed that back to basics because you know i've been doing this for so long i forget the basics sometimes you know i worked with mark douglas here for five years well we live together here in tusan and he drilled the basics into me every day and boy it's something you really really want to get to when i go back and look at my losing trades it was because i wasn't back to basic so that's worth the price of admission do you want to tell the folks some of the services that you offer for them well let me finish this little mini workshop and i'll give that information and if people would like to write a question or two in uh while i have time i'd love to answer them uh but we were talking about uh back to basics you know after sears losses back and you're from a vacation going through a major changes after a periodic review and also after market changes you know the markets have been like a roller coaster ride lately and you know some if your system hasn't been tested during the times of those those big changes you have to see how your your system will work within those changes so you might have to back off and go back to basics and then of course there's major news events whenever there's a major news event there's going to be a big change in the market at how does your particular strategy work then again back to basics the way to get in touch with me is trading on target dot com and i have a home study course to offer it has an evaluation and a consultation with me and i can tell you exactly where your problems are and what you have to do to overcome them psychologically that is not trading wise and to those people who are listening in i will give a major discount till the end of the week if they if you call me and you can reach me by my phone number you'll find it on trading on target dot com and at this time i'm going to ask larry are there any questions they could have come in i'm gonna let let al handle that because he's the handling of the questions per se well they want to repeat the number on the air and that is nine one nine eight five two ninety one ninety no no no nine one nine eight five one eight two eight eight that's nine one nine eight five two i'm sorry let me tweet again nine one nine eight five one eight five one eight eight eight i never call myself eight five one eight two eight eight that's why folks if you have trouble give her a call because she can help you out she's helped me out many times and uh you know i threaten to call her all the time about once a week when i have a bad day but i know she doesn't have that much time so hey thanks for joining us larry you're welcome you're welcome anytime anytime i'd love to talk to you well i certainly enjoy your time i just want to say hello that's for sure and thank you for the kind words you said about me i really i have one question for myself did you ever work with edsacota well you know it's it's funny you should mention that because i i said that my first seminar my first trading seminar with the band and edsacota the three of us worked together oh my goodness that was a very very interesting experience he is uh the one thing that uh stood out to me which i'll never forget is we're we're standing on the beach together i mean he's in his shorts and flip flops and he looks at me and he says i've got to go make a cotton uh trade and i said well how do you know to do that and he says i i sense it i feel it i said without a computer he says i don't need a computer and he goes running off yeah the one thing he never hears with with charts on the wall and and going from from uh day to day from hour to hour and and predicting where the markets would go uh and that's how he he developed his uh his intuition yeah he was he was very good he never lacked any confidence boy he was the most confident trader i think i ever met my whole life he was actually surprised when he took a loss how what how could that happen he he was really good at what he does but uh is he still alive he was living in lake taha the last time i heard he's he and i are about you know i haven't heard from him in years so i don't know yeah well listen we'll let you go and we'll have you on again in a few weeks but we're going to have you on a more regular basis because you really do bring an area of expertise here that we could all use here in trading so please be safe and we'll talk to you really soon okay dear and happy holidays if i don't talk to you sooner you that you too okay folks adrian told great trading on target and uh we have another uh chart to share with you i think it's an just give me one second for boys and girls i keep you three questions do i i'm going to repeat it again i don't know if a crash is coming i don't care if that crash is coming all i wanted to do is trade because all i do is look at patterns all day long and that's all i'm trying to see so let's get up here and take a look at this one chart i've posted it and what i did was i updated it because it keeps coming down and we are really close to what we call the proverbial moment of truth here and i want to get this chart up and we'll be ready to look at it and there it is right here get it up right here and then we'll take a quick look at it here's a share of the screen okay this is the note chart updated folks all right i did the bond chart that went through the number here's the note chart there's the 1.618 expansion of this move right here this is when we became super super bearish we were bearish all through here we came super bearish here because this was the longest and the deepest correction in the bear market that we had since all during this time so that's why it was so important and it was right at the 382 the previous one which was previous to that one so what we're doing now is we're completing this pattern folks how many people can you find out there that is bullish on notes and bonds johnny doesn't even have his hand up there's zero out there now that doesn't mean it can't keep going lower but what it means is we're getting really close here to a flight to quality maybe that's what people are going to do is to switch over to a flight to quality and note some bonds just pay attention to this pattern folks this is not to be uh not to be uh well what am i gonna say lost words anyway if we start going below this level here below that level where that red box is that 109 you start seeing a 108 print throw that chart away because there's going to be a melt down in this thing remember this market has been going up folks since august of 1982 is when the bonds bottomed they were 56 bucks in other words you could have bought a hundred thousand dollar bonds for 66 bucks and it paid you eight eight and a half percent so this is really important folks and here we are over all these things that are happening with tim boss will be talking about tomorrow that solar eclipse and all the other things so you don't want to miss tomorrow's show and i hope it's going to be i know it'll be as good as the one that adrian but pay attention to the basics folks because that's what you got to do i i i don't do that and i've got to get back to it because uh i i should reinforce it with my students and my colleagues and stuff because back to basics is what counts because i'm a fundamentalist uh hello larry i'm a technician as you know that was a little joke but anyway i just look at lines on the charts they looked like dots and that's what we're going to see what happens here in these next few weeks of what we're watching here in some of these markets so we're gonna have to pay a few bills here we'll be right back 877-927-6648 vista gold owns and operates the largest undeveloped gold project in australia the mount todd gold project vista gold just completed their feasibility study resulting in a 7 million ounce gold reserve vista gold has all major permits approved and has retained civc capital market assistance in evaluating alternatives and in completing an accretive transaction vista gold trades on the nysc american and tsx under the ticker symbol vgc vista gold executing a strategy to create shareholder value 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 basal 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 basal chapman and 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 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tfnn has launched the tiger's den hosted at discord tfnn has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours the tiger's den available to all tigers and tigers is for just one dollar for the year there's no catch or added costs when you join our community of traders sign up today and become a part of this educational community of traders just visit the front page of tfnn.com don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv okay folks we're going to go where the cash money is and that's into the dow jones e-mini i want to get this up here to let you see where we stand right now because we're at a very critical spot here in the dow jones you'll be able to see it there we are right now this four-hour chart we've come down and we've matched up with the really nice 50 percent retracement perfect garly if we break this then we are headed down lower so that's basically what we're watching here as we're looking at this here right now the thing you want to watch is if you just get a little shallow rally and then roll over that's not going to be very very good okay now tomorrow we have tim bossed on our agenda if you remember tim started laying this out to us back on the 26th of uh september what was going to be happening uh he's been nailing it pretty good we had some good help from shane's mullion of course also there's so many people in my mind i can't even we have tim boss and then stan harley and then we had uh oh my gosh i can't remember the other word norm winsky so all of us are saying the same thing was happening now so as long as this can hold above this level right here we still got a pretty good chance because this is nothing more than an abcd over the last couple of days looking at this uh this chart that we're watching right here we're still way above the levels of support in the s&p which are at 9507 i mean excuse me 3507 with 3580 was our low today but we gave back over a hundred handles in one day which is not a good sign so those things are important live every day in an attitude of gratitude and may god bless thanks for putting up with me today folks tim boss tomorrow and on friday i believe is an open day i will find out whether we have anything for that so we'll see you on the flip side tomorrow