 The following is a presentation of TFNN. The Tiger Technician Hour. With your host, Hazel Chapman. Call now. Toll free at 1-877-927-6648. Internationally at 727-445-1044. Now, Hazel Chapman. Everyone, Hazel Chapman, the host of the Tiger Technician Hour and the author of the opening call Daily Newsletter. We're looking at the Dow of 21 at 27,714 just missed by, let's see, by five points, four points, making a new all-time high. Look, this is going to be very important. You see, I drew the little rectangle in here. That's to say that within this price movement, based on some of the techniques that I use, based on the Chapwave notation, as well as the on-balance volume in this particular instance, because it's the only one that's saying, this is a reading that says at these particular levels, the blue line that you can see right on the left is the dating chart of the Dow. It's suggesting that we're getting into an area where there's a lot of upside resistance about to come in the Dow, and that the on-balance volume at this level is very close to some kind of a pullback. That doesn't mean to say that the price has to have a huge move down. It just means that there's a lot of resistance. This all falls away completely if there's a snap right through. And the next thing you notice, the Dow is trading at 27,950, about to test at 28,000 level. It's possible because we've got news coming up, I don't know what, right now, there should be some, isn't it somewhere around now that there's going to be trade talks in this speech about to be given? I think that's what I heard. So that's the Dow. The weekly chart is broken out. I feel very strongly that this is a leg B in the Dow weekly chart, and this absolutely is a leg D in the monthly chart in the Chapwave. We're always looking for Ds to say, all right, be careful because this is where other things can happen. It doesn't have to, but this is where you're on the lookout. You lift your foot off the accelerator, hover over the brake, get ready for some kind of stalling motion or reversal. In the S&P, this did make an all-time high. This is now a leg E. There could be other notations. I've got this as a leg E right now from this area at a leg E. You've got to be a little bit careful because this is where you can expect some kind of opportunity to turn around. It starts at this particular level, but the mag D is only, look, the histogram is just slightly decreasing. That's the distance between the green line and the red line, faster moving average and slow moving average. It's called the nine-period differential. I'll be having a webinar a week from tonight, five o'clock to 6.30 for subscribers. You can become a subscriber. We've had some really nice calls, really nice action in stocks that we've pecked. I had a question when I go through some, if it's okay, that's because, obviously, I don't want to give brand new things that have just been put out, that are doing well because it's not fair on subscribers. Anyway, I'll talk about that. Meantime, this is an all-time high, 3102.61. And that says it's leg C in the weekly chart is extending and only leg B in the monthly. That's really positive. But it doesn't mean to say you can't have very sharp pullbacks. Look, look at that peak A from 3027 down to 2822. Hey, that's a big move. So, within that perspective, I'm saying to subscribers, let's be a little bit cautious, but that hasn't stopped us from having only long positions in stocks, but we have implemented some short positions in indexes. The QQQ, and so the support now for the S&P trading at 3,095, if there's any, turned down by Wednesday or Thursday. 3,075, where we worked just yesterday, is one support level, but 3,061 is the 40-period exponential moving average. The price would have to go a lot lower to get this green line to go underneath the black line. That's the 9-period moving average going under the 14-period moving average. So, at this point, I'm saying sideways to choppy, probably with lower highs and lower lows, is the way that we would consolidate if that's going to occur. But if there's any sense of optimism based on the, whatever's discussed today in the trade talks, obviously this market is nervous enough to latch on to it and just zoom to the upside. I'm just doing this as just normal exhale and inhale action in markets that takes place. And we'll see if there's another one of those. Would this be exhale? This would be an exhale. This would be an inhale. So, right now the QQ is 202.21 all-time high, trading at 201.86, just slightly lower. Magnees goes to Casagiz at 92%. That's really good. On-balance volume is bumping up against resistance. And it's sort of pulled back a little bit, but it's not doing anything like a V-shape, inverted V-shape turnaround. Okay, we're looking at the weekly chart. E slash C, I'm pretty sure this is a C. I'm going to put an up arrow right here to say that's where I'm looking at it. And monthly chart is a leg C. Looking very good. So I am anticipating a shorter term consolidation within the aspect that the larger trends are still pointing higher. I know the MS fairly here. It's only up 35 cents at 159.13. The high is 159.88. But we have had 160.46 as the recovery high. I've got this as a leg F. If it goes higher, I'm not sure I'll call that a G. I think I'll probably call that a C and say that it could still make a D. So the day's absolutely young. Anything can happen. News is absolutely relevant now. It can impact markets either way. We're just going to watch this very closely. Gold pulled back a little bit. It's down 4.4 at 1452. This is breaking the rectangle formation in the weekly chart. That's a dreaded H. It took out the left side low. Not a good sign. This peak C in the month, he says, okay, you might test the 1433 level. That's the nine period exponential. Moving average support. And let's see if Silver's doing the same thing. Silver is down 1.1 at 16.69. It's also taking out that left side low in the arch formation in the... Let me just draw it in so you know. I'm going to be talking about these patterns and how they work and why they work in my webinar coming up week from tonight. Go to the front page of TFNN and you'll see it there. That is for subscribers to an opening call newsletter. And I'll explain exactly what happens in a low case. H, what happens if you take out the left side low, what you're looking for, how it can save itself and how it won't save itself. The manganese stochastic are very weak in Silver. So that's saying it's going to have a tough time breaking back into the 17s at this particular point at 16.7. Let's go to the... I'd like to just quickly do a high grade copper. High grade copper is pulling back off the peak E. Just stuck in a range. I'd like to look at Crudor. And we'll get to the dollar because I'll do that with the currencies. The dollar is... Sorry, Crudor. It's close to the 200 period exponential moving average. Not really going anywhere. It's just stuck in a range. Now we'll look at the dollar DXY. The dollar is actually acting quite nicely here. It is to our leg C and it's at 98.30. And we'll talk about the euro and the yen. As soon as we get back, Basil Chapman does up 44. He'll be right back. Tiger Technicians are on his way 877-97648. If you're not currently using the TAS Profile Scanner when looking at setting up your trading opportunities, then your arsenal is short a mighty weapon. The TAS Profile Scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks, ETFs, commodity futures, and forex. 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TFNN has launched our brand new website. You can still visit us at the same TFNN.com URL but when you do you'll see a new and improved homepage with a much simpler navigation whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new TFNN.com now and experience all the upgrades. TFNN.com educating investors. Toll free at 1-877-927-6648 internationally at 727-873-7618 Hi everyone we're back and Tiger technicians are Dow's up 31, S&P's up 8. So this is going to be very important. You see the dollars had a very nice rally. Yeah it's a nice rally but when you think of the 99.67 all-time high sorry four or five year high in the dollar on the 1st of October down to the low that was made exactly a month later on the 1st of September. We're not quite 50% yet of that move and it's already in C. I prefer to CC way up here so that when you get D D goes even beyond the high that was made on the 1st of October. Ah this says to me you might stall I don't mind stalling at this point I must say because I've been expecting a consolidation the dollar we've had by signal since April of 2018 90 was the price it went to almost a hundred $10 in a 10% it's over a little over 10% 11.5% in a currency over a period of time that's really something but then we had a big pullback and that was a weekly month a weekly sell mode and that just said to me be careful but look at the nine look how important I made this nice and thick especially for instructive and educational demonstration. You see this black line here this is the 14 period exponential moving average I made it thick in all time frames why I think it's just so important the nine period is very important and so is the 14 everybody has their favorite moving averages everybody has either simple or exponential D whatever it is stick with what you use because you'll find that it gives you the parameters that you're comfortable with you have great knowledge you've had experience with them it doesn't matter I happen to like this because look at the way this particular moving average the exponential with the weighting on the last close look how nicely it's held in all these different time frames I love this one because it's just a nice springboard and the nine period moving averages says if you push away from the 14 above or push below that nine EMA is like your this is like your trampoline catch or we can call it this is your safety margin and this is the one that says wow this is pushed you to the outer bounds of your your elastic band limit and now if you hold it you should spring back that's kind of what it's done here in the monthly chart I still like it longer term I think the dollar is I call it the Harley Davidson of America in terms of currencies around the world it is the icon because our economy is just so good that this is the reason why I like the dollar yes you can have a consolidation we've already had one of the longer consolidations in time not the longest but one of the long ones and we'll see what happens after this I do like it so let's go to the EUR USD which is the euro the euro dollar currency pair see that made a PD why is D so important that's where other things can happen so just underneath the 200-period moving average it can't twice it tries to get there and fails so then it gives you this double top the U-shaped formation I'll talk about this called the Chapman wave drop bucket pattern drop bucket pattern it's like a backhoe the arm lifts up it's got the bucket and it can't push higher opens up and all the gravel and stuff falls out of it a little bit of literal and here it is so the euro is pulled back and this says that weekly chart is back to looking lousy in the monthly chart there's another word for it but let's just say it's more than lousy and if you look at the USDJPY which sometimes moves in the same direction not the same percentage the same direction as the dollar has gone to a PE above the 200-period moving average but it really is struggling at this particular line it's trading at 109.07 up 0.02 look here you are there's this line and the daily 200-period moving average it goes it's like a yoyo goes up goes down it's just gyrating using this as a fulcrum so it's up against it should go slightly higher it should test the weekly 109.49 level and go a little above that maybe touch 110 and then maybe it can rest we'll see but so far it's doing very nicely and I have to put an up arrow in why because it's at 85% and over 85% usually I've gone from a buy signal to a buy mode in the Chapman methodology all of these things we'll discuss in my in my weekly in my webinar coming up next week Tuesday the 19th a week from today so we did that did that did that now let's go to the TLT the TLT try to have a little bit of a balance wow it's up to 36 cents at 135 36 and in fact it's come down from the 148.9 level in August to the 136 level in September bounces all the way to 146 now it comes tumbling down to the 134s, 135s it looks to me as this dreaded H and this weekly chart has already once closed underneath the left side 136.54 low this is going to be tough this says to me the bonds could go a little lower yields could go a little higher now normally I'd be saying if the market is going to be soft here if it's going to be pulling back you should see money come out of the volatility of stocks going to the so called safety of bonds so how this 134 level is going to be treated in other words does money come in to push it back into the 137s get back above the H pattern as the magnate in the weekly stochastic turn up that's going to be tough to do it's going to take time so all I can say is we're going one step at a time let's see a question I had about the NY A.X that's the New York Stock Exchange also I'm high 13600 in January of 2018 Cascades down to 107.23 this is the lightning pattern A to B equals and then you're ready to see and then C to D is even bigger in this case than the A to B but in the Chapman methodology it went down to trough seat at 10 107.23 and now it's gone to the high of just four days ago it's showing right now 13395 just under the peak D in the daily I'm calling this a leg B in the monthly this in the weekly chart this is very good in the month he's in leg C so all of the indices say looking out into 2020 we should make higher highs and probably in January based on the monthly charts January or February earlier in 2020 okay now I just wanted to show you this quickly well it doesn't have to be quicker in a rush do I have any questions here nothing yet that's okay so in the 5 minute Chapman methodology of the e-mini chart this is the e-mini futures you take your trough that was made at about 8 30 this morning that's 845 at 3086 25 runs all the way to a peak E at 3102 00 all-time high and then comes down and it goes it's in leg C to the downside left side right side price time match took out the support if it takes out 30.92 support this 200 moving average of 3090 is going to be next now what's really important about this phase okay now I can answer some of the questions some of the questions coming in is we've got a break coming up oh I had I had drops in my eye to get the ice check this morning I didn't think it would last this long he fuzzy but it is but thank goodness I'm better than 2020 I'm not going to wear glasses but not all the time and but I can't see some of these numbers I'll read the emails a little closer up in the break Basil Chapman time conditions hour God's up 20 S&P's up 7 we'll be right back Basil Chapman has just announced a live 90 minute webinar he'll be conducting for subscribers to his daily trading and opening call which will be taking place Tuesday November 19 from 5 to 6 30 p.m. Eastern time titled a comprehensive review of the Chapman wave techniques and market outlook ahead for 2020 this is a great time to sign up for a 30 day free trial to the opening call while gaining access to Basil's live subscriber event taking place later this month with some stock picks up 15 to 30% this year alone Basil will review many of the Chapman wave techniques that helped in their successful analysis as well as providing the sectors and stocks that he thinks will be of importance heading into 2020 for all the details check out the opening call on the front page of TFNN.com the path of least resistance is David White's daily trading newsletter and if you're looking for active trading ideas then now's a perfect time for a 30 day free trial to this powerful daily trading advisory service David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter using a combination of equity trades along with options David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted don't miss out on this great chance to get a 30 day free trial to David's daily newsletter the path of lease resistance with no obligation to pay anything David has been delivering solid recommendations for his subscribers recently and if you'd like to see the type of newsletter he delivers every morning then visit the front page of TFNN and you'll find the path of lease resistance under trading newsletters for all the details and to start your 30 day free trial today log on to TFNN.com now TFNN is excited about our new software charting program the art of timing the trade charts in collaboration with Tom O'Brien in 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 guard lease 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 you'll spend days, weeks or even months searching to find and right now we're offering licenses available at only $79 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 I'm Scott Jenner on the front page of TFNN.com Everyone down's up 24 and we're going to go straight to Scott in Safety Harbor Hi Scott, how are you? Ah, Scott you there? Maybe you're listening with a little delay there Um No, I'm not sure Okay, Scott wanted to look at M I also want to look at M because I looked at it a little closer we discussed it yesterday Scott if you're there just shout out I'm here but at any time M is Macy's Macy's had a high just a year ago in the 40s and it traded just a month or so ago in the 14s now it's trading at let's see 16.22 up 17 cents what's really important about this is I looked at it we discussed it yesterday when I was on with Tommy Jr. at 10 o'clock and we were looking we're talking about the fundamental part of it I took a closer look and I thought you know what Macy's will get the very big test coming up over the next two months going to the end of the year with the shopping etc and the reason why I say that is because yes there is a ton of online shopping just an absolute I mean that is the medium that's used predominantly I'm not sure that I can say what percentage but it is very big at the same time Macy's and I haven't been for a while if they've kept up their standard and it used to be good it got a little sloppy and then the ones near us around here the one in Chestnut Hill disappeared it's in Newton, Massachusetts and the one in Framing's there are a couple of them so I just haven't been but the last time I went in it looked like the quality improved but it looked very cluttered because I think it was round about the holiday season so within that context I think it's worth looking at Macy's as a longer term it's either going to be saved by this season because it starts to trade because things are going well and it starts to trade in the 18s to the 19s and holds there and treats that as the new base rather than the 16s and 15s I can just tell you that if Macy's starts trading the 13s in this season going in November, December I don't know what they're going to do next year so I just wonder why we spoke about it fundamentally I looked at it I said it's in a rectangle formation so I don't hear Scott at all do I get any messages do I see yes I do so I don't know Scott's there but I just wanted to mention that it's worth looking at some of these now the JWN is Nordstrom Nordstrom is a much better chart formation compared with Macy's but look it too was up in the 65-66 area just 6 months or so a year ago and then it plunges down to the 25s and it's trading right now at 37 so it's had a much nicer rally but even there and they have a much better quality but they haven't been able to survive and I think if you look at it and you put it into the category of is it fair to go to a general retailer like a Walmart these are parallel companies sales Walmart has everything but they've the right thing look the all-time highs at 119 right now 120-21 was the all-time high look at Target also it's not fair to really compare because it's a different type of company closer to all-time highs than the most recent oh no it's getting yeah but it is at 109 right now as close to the 115 all-time high so there's a difference and I just wanted to mention because I did go through them last night I wanted to just follow up that I just wasn't talking I wanted to be talking apples to apples and apples to oranges and I think apples to apples is more Nordstrom and Macy's than it is something like a Target or Walmart there's a general contractor they have everything okay so I don't hear anything so maybe he wasn't able to hold on and meantime back at the ranch I do want to look at a couple of things here that I think are quite important the XLE I had a question yesterday about the XLE and my answer was it was a text from the den and my answer was that I don't see anything yet and that long-term spider monthly chart of the XLE shows you how important this what would you say is it's about I could hold it up now but I can't get to it and I can't read it because it'll be too, the fine print will be too small I would say there's about an 8 to 11 percent incline that's going on from the low that was made way back in 2009 at 37.40 and this is the XLE and then it's in magnificence look at this I'll talk about this in my webinar coming up on next Tuesday night about channels and what you do and how you can divide even the channel can be divided it doesn't have to be exactly in half you find the most important middle ground and then look this is the middle ground that I'm choosing right now I'm actually going to raise it just a little bit because my eye says there needs to be more there and that middle ground says that it's failed all the way from 2016 the rally from 2015 2016 all the way to the resistance levels up against this trend line has been just with voracious appetite for selling every time it gets there and now look the bounces have been able to hold since telling you that there has to be select energy fund spider ETF at 60.32 wow it it mustn't get back into the 55 area because that's going to be very poor action so this is a very next market very selective and what I've done for subscribers should I do this I really don't like to do it it's just I'm not superstitious but it does kind of puts you out there I guess I was asked about it I'll do it so what do we have we've had different things we've taken profits short-term profits and some the last two cyber is one cyber arc I've liked that a lot we got in at 104 then the earnings came out I said just be careful if it pulls back we had 101 stock if you're thinking that you don't want to sit through the earnings you can lighten up a little bit but we had no choice we stayed in it it ran all the way to 190.99 how it missed 120 round number high by opinion I don't know on the 6th of November the next day spectacular and one day and then it pulled back the next day much sharper so we took a little bit off at the open on the day after the spike at 116 just over 116 very nice gain for a day then we took a little bit off because I had a very ugly session the day of the 7th that was that was allows it to fill the gap and I thought oh filling the gap straight off it's not good so we took just a little bit off and now it's rallying very nicely so for new subscribers maybe or people who didn't get in what do you do now hold tight I love the fact that cyber arc the Israeli network security software company had 148.74 high in July of last year plumbers to 94 that's a real plum of 50% wow that's about a 48% decline and now it's rallying I think it's back in play but I need more evidence to really find on here I don't want to do that just yet and we've got a position very nice we've taken nice profits I'm just being a little careful so I just wanted to explain the type of thing we do we've got a stock report this morning almost at the low and it's up 2.5% from where we bought it that's nice it gives us a little cushion that's the main thing I'll be right back brother Jeff in type of positions we're in the CD market and looking for a secure investment the Tiger First mortgage program may 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latest market information You asked about the financials XLF is trading right now it's up a little it's up four cents at 2980 so this is a little extended both in technicals and in the mag D which is still very strong stochastic said 89% very good on balance volume sort of flapping out that weekly chart I love the breakout I have to call this a new leg B I don't think this is an E slash B I think this is new and that's a leg C in the monthly chart the reason why I say that I think that I have no choice but to call it a B in the weekly is that the mag D is very strong getting a little topic here and says that upside at this point might be a little limited but it says that the downside has really good support maybe a point point and a half from where we are right now stochastic says that 94% it's going to take a lot more than one and a half points it'll take more than two and a half points to get that stochastic back down under 78% or 80% maybe a point and a half so and then and the monthly chart is just now of course the month is still got a whole chunk of weeks to go but we're looking at the mag D just finally turning up crossing positive so that's a good sign and yeah the question was what about what about JP Morgan hey JP Morgan this is Jamie Diamond doesn't I think so Diamond has gone E F G G slash C and let me just double check I don't want to say anything out of turn here is that let me just see if I can read that 125 16 125 15 yep that was a peak the peak D almost a chapwave instant reset oh I've got something to talk about I'll talk about in a moment this says that there could be an instant restart or chapwave unconventional flat base restart so that's a B and then we get G slash C G slash C see even there you might just make a normal new high D but then I think that JP Morgan is I take a little bit of a breather and I see that in many of the hours now Goldman Sachs has not done very well so this is E this is E in the month in the weekly chart that's different to the others but it is E and it's a D slash B in the monthly chart everything is really good the financials have done really well what happens in the TLT from here is going to be very important for them so what we're looking at in terms of JP Morgan is that it's been a leader let's look at Goldman Sachs which is not being a leader they've had a lot of problems coming up look it's gone to a leg D finally in the monthly chart but ages ago I said if I see Goldman Sachs trading the 222 to 225 area I think that'll be a very important breakout and we haven't got there yet we did get to sorry we got there but we haven't held we went to 225 three or four days ago calling this an F for now I want to see a trading there and if it does that I think it's telling us about the financials something very good because on the one hand you've got JP Morgan which is heavy into the whole financial area of the IPOs it's just the whole technical side of banking you've got Goldman Sachs which used to be there and has had a tremendous lot of problems and also it used to be the trader I mean they had years where they had just days of negative action all the rest were positive let me just drink a and the other thing is the Bank of America which would be in long on and off but we've had a core position since December 24 is at 33 right now it's I still think that that whole area of their Merrill Lynch which they call Merrill now I think that's going to be really important zero percent fees or what not doesn't matter because they're going to get the bulk of their clients bigger how can I put this the basket of goods that their that their clients have is going to be more and more it'll be leaning towards the Merrill side of it so that they can start when the market really gets going we're up in the 28 500 29 300 in the Dow they can start talking to their clients like all the others and say hey you you're in very conservative don't you want to go over to and then every day you'll see more and more an increase in the investors conservative portfolio going to the speculative side that's where the money is going to be made so we'll see okay this is my speculation question had about the IYT yes the IYT it's important it's still not hasn't broken that major trend line resistance level in the monthly chart it I shouldn't say hasn't broken it hasn't closed decisively above it and that's exactly where we are right now in the 197 to 202 area if we can get to 205 I'll finally say you know what the transports are participating so far they're active they better but they're not doing all that well and yes the question came up about the XL XL I've not updated this this is a C this is a D that's a new A B C and I go into a D instant restart goes to another D that's the beauty I'll be teaching this I can't spend too much time on it but I will introduce it and then maybe maybe even in December I have a couple of classes on specific techniques I think that's going to be the biggest I've been trying to think how I can help subscribers best of all and I think I want to get back to just showing the techniques how they work etc so this has actually all down to $1.29 today $109.45 the ARCA airline index trading very nicely over the last few months since the I think there was August low just under 90 and now it's gone to 100 so 109 right now having it what I said was 111 something 112.15 just four days ago so okay now I can get to something that I want you to talk about I'm not getting an answer there maybe I misread it maybe my eyes are still glossy from the drops that I have in the dilatio and the driving home was not bad today because it was cloudy it was sunny it would have been new difficult uh dark losses would have been very important okay what we're looking at here is I wanted to do a couple of things and I thought oh I won't be able to read it can I read it let's see if I can if I can't I'll have to do it tomorrow uh no it's a little bit too fuzzy I want you to a whole bunch of investors business daily at least the top 15 to show you where I think we are and the reason why the a consolidation right here would be fine but very specifically we've got some I've been trying to find under the radar stocks they have been working quite nicely some have been working very nicely um and some have had we've had profits and I've been taken out because I've been treating them as trades more than positions others I want to hopefully have started a position that's more an intermediate term position I mean I like it's just fun to have something that you're holding for months because every time there's a major sell-off you're in a such a nice low position you can say big deal I my target is much higher I have all the time in the world so let's just deal with that now I want to do a couple of things as we're about to before we go to the next break let me explain what I'm looking at you and why I'm looking at it and this is the stuff I'm going to be doing next week Tuesday night and my webinar for subscribers can become a subscriber hey it's free because you pay for a month if anything you don't like you get your money back I didn't say it's free but it could be free but you would get the webinar plus all my other webinars that I have there posted listed you're able to go through that so as soon as we get back I'll spend the next remaining just I'm certain you are or strive to be one of the best of the best at everything you do in life it's the most common trait that we tigers and tigers share if you're looking to become the best of the best when it comes to managing your money let me teach you to do what most wealth managers tell you can't be done which is how to time the markets I'm Steve Rhodes author of mastering probability and for the last 12 months timer digest has been tracking my newsletter signals which have earned me the ranking as their number one market timer in the nation for the s&p 500 for the last 12 six and three 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there's a newsletter to fit your needs exclusively from tfnn stay informed each day you trade and get the competitive edge that will help you stay ahead of the game visit our newsletters page by going to tfnn.com and click the newsletters button near the top of the page tfnn.com educating investors you know what's cool taking something that's good for you something specifically formulated to help with weight loss better sleep stress reduction and the need to detox nick our hunter and gatherer ancestors found all their nutritional requirements for health in their wild environment but today our food sources no longer contain the vitamins minerals and nutrients our bodies need to stay healthy and strong that's why we need primal edge daily nutrition it includes a special blend of ionic soil based vitamins minerals fatty and amino acids and an easy to use liquid form primal edge is powered by highly concentrated folic and humic acids nature's preferred delivery system they've been called miracle molecules because like sunlight air and water life cannot exist without them that's right page they ensure we receive all the nutrition we need to be healthy and thrive we take it every morning primal edge formulated and approved by nico and page of living a primal lifestyle buy it today for just 89 dollars click on the primal edge banner on the front page of tfnn.com hi folks this is steve rhodes stay tuned for another great hour of the trader's edge heard here at tfnn.com yes a couple of things going on just quickly let me show you something here remember i talk about these moving averages remember we had the cell uh basing the bad news cloud cover i don't know if we've got another one here i did draw in the rectangle we've taken and we've implemented some kind of plan for this uh so i'll talk about it more tomorrow but i have a question here uh both the question that went to my engineer and one that was sent to me that i just saw on ab and it's called alliance actually can't see the title alliance something other uh alliance something other alliance uh here we go ab okay so meantime while i'm looking for this actual name of the uh congarit of course i'm working all right so ab is the symbol one of the things i like to look at what strikes you immediately sometimes you can you can go crazy just analyzing just look at this it says it's in a trading band and you're in it you've been in for a while it's a 29 54 ab right now 29 54 i think you've been in since way way earlier i'm looking at this and i'm suggesting to you that if you're in it it's holding very nicely it's in an area that's found support but every time it gets to a certain level it has resistance well i'm going to say to you alan there's hold this for now tomorrow i'll do some work over tonight and i'll i'll do it more tomorrow you're in it holding quite nicely right now at this point on a very short term basis that 28th is really important support but i think it's a stuck in a range for now good session today let's talk about it tomorrow i will do some work on it i don't want to just you know talk off of the top of my head but look at the patterns you see this v shape pattern so far it's acting well it's making a left side right side price time match it has time but it needs to break above 29 86 it needs to get into the it has to touch 30 and it has to do with another i would say another three to five sessions without breaking 29 20 support so far it's good stay with it we'll do more on it tomorrow and as we're about to wrap up don't forget you've got steve rose coming up you've got day right you've got tumble right i'll be back with tom a little later this afternoon don't forget my webinar coming up on tuesday the 19th five o'clock to 6 30 eastern time for subscribers you can become a subscriber you've got some very nice and low price stocks as well for those of you don't want to put too much money to work here and they've been working very nicely hope to see you tomorrow otherwise i'll see you with comments after you and have a great day