 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. Hi, I'm Hazel Chapman. Yeah, this is the Tiger Technicians Hour and we're looking at the Dow on this Wednesday, the 14th FedSpeak Day minus 89. I keep having a problem here. I don't think you see the problem, but I do see the problem. Down 88 at 34,124. So let me just go through this. In the Chapman Wave methodology, when you get a buy signal that's upgraded to a buy mode, it is really unusual not to get to a leg D, especially if you're over, if you're above the highs on the left side. And in this particular instance, let me just see if there's an issue here. Yeah, in this particular instance, oh, you are seeing the charts the way I'm seeing them. Hopefully that's going to change. So let me just explain what's going on here. It's going to be real tough for me. The way I connect when I'm out of the office is through my PC. For 20-something years, I've used it wherever I've been in the world. It's been fantastic. Over the last six months, there's some strange thing going on. I don't know whether it's my computer, whether it's from them. I think it's an energy situation. In other words, there's not enough energy to blow the chart up. It was earlier on. The full chart, I can see everything. This is the daily on the left, the weekly in the middle. On the right is the monthly. I can't actually stretch this out because I lose it. It opens out to the whole thing expands and then I lose the whole bottom part. It was perfect a little earlier on and then suddenly changed. It just diminishes and that's what you can see now. If I'm correct, yep, that's what you can see. So I'm going to do this. I'll go on with everything at the break. I will try to connect through. I always have these different mediums. I'll use some other way of connecting other than the Verizon card that I have when I'm traveling. So let's just go on. This is what we're looking at in the Chapman way methodology. We're expecting a leg D. There's no other way I can count this. As you're low at 32,000 586 in the down the 25th of May. Peak A is your first peak. One penny above starts leg B. That's a floating letter until it makes a peak and made a peak right then. That big spike up pulls back for one, two, three. The fourth session, it goes to a higher high. That starts a floating letter C sees the next bar, sees the next bar. 34,000 310 yesterday makes higher peak, goes to 34, 31. That starts leg D in the weekly. And as it stands in fact, it's even a leg B in the monthly because if I'm correct, let me see if I can measure this right here. I've got 34,000 334.70. Just missed it. And yesterday's high was 34334. Yeah, 34310. Just missed making anything that goes over that level. There starts a gray leg B. Still great because the mag D in the monthly chart is not yet positive. The stochastic still under 80% to 69. So this is going to be very important for me because regardless of what the Fed does, and I have to tell you when I go back and I haven't got the record in front of me. I did have it at some point. I don't know where I put it. One of the charts where I just made a notation of where the Fed is. It's like it's like the full moon. You know, everybody talks about the market changes on a full moon. You know, when you go back and you look at the chart, yes, they are occasionally absolutely on the dot. You can get a turn and the same with the Fed, but the majority of the time the market has an independent way of looking at tops and bottoms. It could be a bottoming or a topping mode, but you haven't got the turn yet. So as I'm looking at this right now, there should be in the traditional chapter we've methodology a leg D above 34,110. If today we go above 34,110, all that does is it extends this floating letter C to continue leg C, not a peak C. Okay, got that. The S and P. I'm going to take a little time over this because it's really important because we are long and I'm all ready to switch to the short side, but I'm not going to switch to the short side until I have absolute evidence that we are making a turn that is going to be on the daily, at least a sell signal that could go to a sell mode. We haven't even got the turn yet. It's sort of in a buy mode. And here we have an alternate count. Why? Because in the Chapman methodology at a peak D, that is where within three sessions you can get a technique that I call the Chapman instant restart. What does that mean? It means that not only do you get your alphabet continuing sequentially D, E, F, G, there's never an H, but at G, you can say that's a parallel count called G slash C, meaning that instant restart has given you a brand new buy signal to buy especially if the technicals, which they are, they're fantastic. Only the on balance volume is extremely overboard, meaning just on a daily basis, you can have a pullback. Look at the stochastic at 96.58. I have to tell you that the Fed is just whatever the market doesn't like about what the Fed says, it's going to be a smash to the downside to get this green nine period exponential moving average, which is at the 43.10 level to cross under the 42.81 14 period exponential moving average, because you'd have to go down to around about 42.20 to see a move down 42.20. I mean, that's a huge move to the downside. So as I'm anticipating it, I think it's going to be a process. And that process starts by looking at these counts. So in the, even in the QQQ gosh, I wish I had that full chart. Doesn't matter. This is what we've got within three bars. We gapped up and made a new leg E, which is E slash A, F slash B. And now you've got your G slash C, which even extends higher today. Oh, I just didn't, I didn't see that in the Dow. Yeah, this is a peak C if there's no new high, but in the S&P, you went to a higher high today. You've extended that. Look, here it is. You've extended the same leg in the QQQ NDX 100. And you've got this. I don't want to bring it out just right now, maybe after the break, if I can restart and just get everything set up, it'll come back. But look, here's the QQQ. And it's got that level at the 370 something 72 area. I think it is that is the left side, right side price time match. And that has all the way till the week of the 14th of July to get to that level. And that's the chapter we've inside wedge target resistance thumb. There's dash B9 green because it's going up pink when it's going down. And it went right through the resistance line this week for two weeks. It was at the resistance line. So we'll see what happens there. IWM, now this is fascinating. Look, the IWM is weak. It's unchanged right now. 187.96. It's coming off the intraday high, which is at right there. So the intraday high if I can see there. Oh, this, this. In the break, I'm going to try to do that. Take the chance. I'll take the chance. In the break, I'm going to try to see the connection. We have exciting news, Tigers. This June, Tim Ord of the Ord Oracle will be hosting two webinars providing insight into his renowned market timing methodologies. On June 8th, Tim will delve into the S&P 500, teaching sentiment indicators, identifying market bottoms and divergence, and so much more. On June 15th, Tim pivots to the gold market, taking a look at cycle analysis, ratio studies, advanced decline indicators and other important tools for analyzing this sector. Sign up today on TFNN.com. TFNN Educating Investors. 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 in 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. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pezzavento on stocks you need to pay attention to. And you can trust Larry's analysis. After all, he's got 45 years' experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com. Educating Investors. If you have more than 30 trading setups in the stock market, then Rocket Equities & Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them, using a combination of fundamentals and technicals. Sign up for Rocket Equities & Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN Educating Investors. If you're not satisfied, let us know in the comments below. Thank you for watching. We'll see you in the next video. Bye-bye. We'll see you in the next video. It just doesn't hold it in that full spectrum. So the charts are shrunk. And now I'm looking at silver, which has had a nice move up. It's up 0.30 at 24.10. Look, in the weekly chart, it's gone above. It's deflecting higher. It's gone above the 14-period moving average and the green 9-period moving average hasn't crossed negative yet. Even though the MACD is weak, the stochastic week on balance volumes week, we haven't got that crossover. So this is going to be such an important session, not just the session itself. It needs to have follow-through. So I'm talking about going into maybe Monday. Oh, Monday is a holiday. Oh, Monday is a holiday. So going into Tuesday, I did not realize that. Now what we're looking at is, until I heard Tommy speak about it a moment ago in his show. So look at this platinum. It's pulling back very sharply. Because it may, right, if I've still got the notation yet in this check. Yes, it made the one-to-one to the downside. I said it's in a week. It's in a week mode at this particular point together with the other metals. Now talk about the metals. Let's go to the dollars rallying. Sorry, the complete is rallying, but let's look at the dollar. And the dollar is Yes, I did. The dollar is down sharply, down 50 cents, 50 ticks at 102.80. Look at this M-shaped pattern. Oh, you can't see it. You can. Look, M-shaped pattern in the weekly chart. We had that in gold. Let me just show you again. I actually want to go to the GDX to show you something very interesting. So the GDX has made a cup formation. It's pulled back from a GSASC quite sharply. That's the gold miners. But if you look at the daily chart, it's just stuck in a range. It's bound by 30 to 30 to 30. At this point, the tighter one is 30.70. But expanded a little bit. I'd say GDX down to 30 should be what we're looking at if there is support that has to hold. So you've got a really interesting format that we're looking at because the TLT, the company of these charts are stuck in this range. The TLT stuck in the range is the Lehman 20th Treasury Bond Fund at $0.83 up $0.61 right now. So I needed to show you, I just want to finish the crude oil and then I want you to go to something else. Crude oil is routing up $0.66 and $0.70 but basically it's been making lower highs and lower lows and in the weekly chart you've got this rectangle that has been in. It's just stuck out on the downside. This champion with Roman candle it's used up its methodology which is within two bars if there is a trade that goes in a shorter time span halfway into this long wick it's a red champion with Roman candle means it opened at a certain level made a fractional high and then plummeted it and then closed halfway two thirds off the low and that's called champion with Roman candle the rule of thumb is and it works inversely as well if there is a move halfway into the wick in a shorter time frame and it lasts in this case I'd say it lasts a day because the weekly chart or even four or five hours then there's a really good chance you're going to retest the low what it didn't it kept going but it didn't break above so this is just trapped in the range so crude oil is stuck. Now FXI was a question I got yesterday I didn't see it until the show ended FXI is running it's in legs and I can't remember what the story was if TG had gone to the long side or not but this is acting well and you've got your rotation you've got your head the Dow over the last week and a half and the S&P especially the the tech sector moving sharply higher and the Japanese so this is the FXI this is the China large cap ETF did follow the pattern not all of the stocks in the China index at least the ones like Baba let me just go to Baba by BABA oops don't type at their type but over here BABA followed oh yes they did okay they did but oh that's right I remember now I said that Baba Ali Baba that this making low lows and lower highs something really important in the reefy chart has to happen to make a change of direction that means that the pink 9 period moving average needs to turn green as it goes over the black 14 period moving average so that's a lot of work to do and the same thing goes for the monthly chart what was oh Tesla let me just go through some of the other stocks that I was asked about Tesla now it's gone you remember I say keep a parallel wave count especially after the there's if there's a chance of an instant restart you can never go to an H so the GCSE says finally you've got this is what I wanted to point out that so many of these indexes and key stocks are right at a point where this is exactly where you would expect some kind of a digestive mode in the daily charts the weekly charts are still very strong so we have to go one step at a time so the daily chart here says look the magti hasn't even given a blink and just not even a whistle to say I'm coming down look at that green 9 period explanation moving average absolutely almost a straight line to the upside to get that to turn down it'll take either weeks or just a smash to the downside maybe maybe Tesla whatever the news is goes from 259 right now up a dollar 25 to 210 actually it really would be 208 and it does it in days and then you're going to get a really vicious if that does it there are going to be other areas that do this as well so now I want to look at NVIDIA just as clues NVIDIA trading up again today at 5 at 415 point 06 this is a leg not quite a leg F yet in the E mini but look what's happened finally you're getting a test of the left side look at the number of bars since the gap up on the that news related that night and there was a Wednesday night I think news that was absolutely spectacular and the next day video NVIDIA gaps up to 394 point 80 with a lower 366 point 35 my thinking was that coming June that there will be a test of this gap to the downside but actually what is doing right now is spectacular the MACD is narrowing in the distance between the 9 and the 14 period it did deflect to the upside just a little bit because the castings at 81 is strong but you would expect it to be strong on balance ones just give to the area where it's getting a little bit rough just a little bit over it's just spectacular actually the MACD has been going on to the great the MACD was up sharp now it's a little back a little bit and it's up to one and one needs to think about this when we get back you can see I 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 Mark again in 2019 finishing at number 2 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 to 7 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 currently programming hosted by a variety of professional traders during market hours and now they are expanding their reach with the Tigers Den available to all Tigers and Tigris for just $1 for the year there's no catch or added costs when you join our community of traders in the Tigers Den you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community changing ideas interact with other Tigers and Tigris as they share trading ideas news analysis and discuss the market action all trading day even at night and on the weekends the Tigers Den at Discord is accessible on mobile or tablets as well so it's always at your reach to sign up today and become a part of this educational community of traders just visit the front page of 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 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 8 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 Hi folks I actually had this working perfectly a moment ago and then all of a sudden it went back to this um I'm sure it's an issue of power it's not holding there's something that's happening where the picture I mean when I say power I mean if it needs X amount of whatever it is it's not getting it um this is a D right here I'm just doing the notation of the chat wave unfortunately I've got to there's your E there's your D going sideways in the one minute E-mini this is the ESU switch over so now you've got you can just expect a meandering for a while and as we get closer to the 2 o'clock you're going to start to see some real big whippiness um I just wanted to show you something else people always ask me can you just explain what you're doing in your chat wave methodology look how perfect this was uh right here I had drawn in I switched to the from the June contract to the September and we were about over there and I said oh I can see this is an arch formation and if I chose this low right here I could give a left side right side price time match as well as I kept it gray but now I'm going to use what I normally do is I change it to pink and I change it to dashed line right there right there and that gives me my target it's just about there on this 10 minute E-mini at about 940 it should hit this left side low of the tiny doji candle clue to turning around of 4414 and what did it do it went to 40 4413.75 now and you'll see that ectis on the on balance point with that beautiful upturn and now it's got a leg A above the previous high if it didn't take out that by 25 cents I could have called this an F now I have no choice but to call it an A and A can fail in the early morning when you're getting news events but that does happen every once in a while at this particular point normally I would say there should be high highs peak A then a peak B, C and D and then you can see anything but in this particular instance with news pending like this I think we just stuck in a trading band in the meantime in the meantime back at the ranch here we go ok so advanced micro devices look at this doji candle in the weekly chart I'm calling this a leg F for now the MACD is good looks the 90s way over the 14 and the price is way over the over the 9 the stochastic is flat at 86 that's good on balance one you can see that blue line is getting stretched it's getting a little overboard that's the only indicator they use is overboard and oversold in this particular instance you're also looking at the monthly chart that has gone to a leg C and you can see the crossover in the 9 period over the 14 period in the MACD that's the 9 period differential over the 26 period and the stochastic is still slow well 59% it's kind of sluggish on balance volume is rated with the price so this is just telling us that there's a chance we can call this confirmation to peak F if advanced micro devices and they've got this new chip that's going to compete against Nvidia so I'm watching this very closely because you know a stochastic goes from the 50s to the 130s in a short period of time I can give back some so I'm watching because so far this is good this is really good action a couple of questions came in if I just recall because I have written them down yes could you look again at the XLF the financials of the XLF another new recovery high not a new high in the recovery high but this has taken it to a leg B in the weekly chart I wanted to see that I said it's really important so if it wasn't for the Fed today almost everything I'm looking at says it might be coming between a little bit and very overboard in some sectors but you've got the rotation and the rotation says if we can move from the tech sector to the financial sector and here I'm going to include this is a potential jab weave instant restart look right here let me grab that semicircle right there that's the semicircle right there and there it is so now I can say alternative count F slash B but I am calling it F for now because it just goes sequentially the 200-period 200-period moving average in the daily chart is a 3371 we're just under it right now 33.48 this is good action I wanted to see that and if you put it together with the IAI I should mention we are along the IAI another move to the upside 91.49 mm-hmm that's a long-term co-holding from the 45s I'm looking at this and saying wait a minute this also has a jab weave instant restart within 3 bars going to a new recovery height so this is an alternative count F slash B and the weekly chart isn't anything close to as good as the XLF but I want to put the brokers into the same category as the financials I want to see both of them moving up strongly in the summer period it's going to be very important and that says now let's go to the XLK and the XLK broke out to the upside this is now you've got your finally you've got your leg D in the weekly chart we're always looking for a buy mode to go to at least D that's very anticipating even in the down with Fed news coming up today so there it is the monthly chart has its expectation when you think about it and you say yourself we've been in a major bear market for a year and a quarter and yet the XLK is within a hair's breath of the I can't see what the price is now let me just measure it right this moment I've got a type that is being covered up so 177 point 04 high back in I think it was December of 21 or January 2022 we had 171 right now you know within six points less of an all-time high I think that's really good market action so we've seen tremendous diversity in where what's being favored for the last since the October low and in this instance I have to put Shopify into that category it made it slow let me show you exactly where right here that was October of last year at 23.63 it's trading now 65.78 65.80 and it's made a leg E in the weekly chart but if you look at the technicals in this case the Magdy's just the current positive the stochastic's still at 77% not yet at 80 there's room to go to the upside that's what I mean by whatever the Fed does maybe what we're looking at is a rotational correction saying perhaps now we can see a bit of a slow down in the incremental rise in the tax sector and that would include the semiconductors right here obviously SMH trading just under yesterday's high that was an alternative so you can see how I'm trying to put the package together it doesn't have to be an instant sell-off or an instant rally but over the period of going into next week maybe that's when we start to see the rotational correction in these different sectors I'll be back in a moment Baselchappen Tiger technicians is up a gold report as a precious metal gold is still king continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market the US futures market and the Shanghai Gold Exchange the gold report Tom O'Brien publishes his weekly gold report every Monday morning for subscribers, consisting of coverage of the XAU, HUI GDX, the Dollar, Bonds, the South African Rand as well as 25 different mining equities with specific buy-sell recommendations the gold report new subscribers get a 30-day money back guarantee so you have nothing to risk subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com to help educate investors just like you Tom's Daily Market Newsletter Market Insights is published every morning when the market's 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'Brien's newsletter Market Insights today to help educate investors and try all of our products and newsletters 30 days risk-free with our money back guarantee at TFNN.com 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&P Biotech 3 times bull and bear ETFs Visit Direction Investments.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 866-476-7523 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 4-side fund services LLC this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ I must apologize for the what's happening I don't believe this is a trade station issue at all I think this has got nothing to do with this trade station this has to do with it might be with my might be see that I have it's it's not accepting the full power of whatever medium I'm using to get to it whether it's the Verizon Comcast or the actual the other means that I'm using this so it's I don't believe it's trade station I think this is something different I'll have to call them if I have a chance and find out what's going on so this happened a number of times now and today it's happened yesterday it happened a ton of times and today it's happened at least five times I've reconfigured everything so question about INDI which is I should know what this is I've looked at it so many times INDI is Indie semiconductor Inc doing really nicely it's up 10.81 peak D already in the monthly chart very quick one not very big bars to the upside well they are when you compare that it's a single digit stock yes it's trading very nicely this weekly chart stop and now I've got a slow I think it has to do with the internet connection I'm sure so this is now gray A and a gray B in the weekly chart if it goes over that D then I have an alternate count E-B if it's in this bar because the low is much lower than the starting point here and it's a D G-D remember I always type in G-D when I've got a this is not an instant restart but it was a potential for a peak E right here it was the same characteristic but it didn't use the same ingredients so in other words don't be slow on me now what a day so there's a brand new A F-B G-C and this has gone to a D you can see why I'm just a little cautious here yes you can have a massive breakout when the Fed comes on to the upside because there's nothing to say that you have to turn right here with all the technicals so strong I am saying that if it does turn down to get the indie trading at 10.80 up 8 cents you would have to see this plunge into the 950 below 950 and you need speed if it's slow it will do that but it's speed even then to get the green 9p moving average to turn pink under the 14 period so look on the daily chart the on balance volume is over but you've got a flat stochastic at 91.53 that is fabulous that's what you want to see flat and holding in the 90% area at some point you're going to go from the 95 91% area down to the 70s or lower but it hasn't happened yet and the magnies still expanding the histogram that's the distance between the green and the red moving averages and look at this way above the green 9p moving average which is at 10.17 and the black 14p moving averages at 9.90 and you've had a falling exclamation that was broken out of in the weekly chart which says it could retest the last high which was in the weekly chart the third of March at 11.12 and the height today is you can't see it so I'll have to click on it at 10.85 very close isn't this fascinating next question that I got let me just check that out here you've been through HAC you've been through HAC every day could you just follow up today HAC is the this is the cyber security ETF I'm calling this right now at a peak F it could have an alternate count it took a little time to break to the upside but also absolutely ready to have a pullback this is the reason why I shouldn't the weekly chart I've been very conservative calling it an F slash G sorry a G could be a G slash B right now and the reason why I've got the alternate count is you want to be ready you want to know what to look for the signals that say now you've got to be a little bit careful because you've got an alternate count there's nothing to do right now because everything's working well but just be aware that there's that possibility of an alternate count that's all it does that's all it says so HAC is up 7 cents at 50.37 this is the area if you are in it you've been long you've raised the stop normally I'd say take it a little bit off for security just for money management I it still looks good to me so if you're taking it for instance we have a stock that we bought a half position in and then we've taken off a little bit a little bit off as part of money management and even today with the stock up 100 I think it was way over 100% from when we bought it with today's action well the pre-market action took it to an all-time high as it's been in the last couple of weeks or so I said even though we've taken off just money management is taking a little fraction off just to say that you are you are in command of the stock you are not going to be forfeiting a huge amount and then it gives back a chunk and say oh it was an all-time high yes even if you've got a little bit less of your core position that stock itself says within days if not hours it wants to keep climbing because people are getting into it that to me is absolutely imperative to identify that factor a long time ago it just didn't give me a chance to get to add back a bunch that I wanted we're even a second position but we will and now we know it's a stock that's in play and will be in play for a while it's going to go out of play very soon I think for a little bit and we'll just have to deal with that another question came what is how we're doing there I just wanted to check to see if I'm able to questions oh yes I want to mention that I'm not calling this a trade station issue at all it's my issue that's working just fine a question about I can because it's shrunk even the printing is so tiny I can barely see it so I'm seeing if you have time when you look at Indy and I can't even see who asked the question I think it was I can't even see I think it's Duncan Steve looking elsewhere Tracy yep that's working out looking at the other aspects what have we got here I'm able to get the picture correct for the camera so that my engineer can do the work great work he usually does well you have to do great work to get the face to at least be presentable right Charles yeah it did we have exciting news tigers this June Tim Ord of the Ord Oracle will be hosting two webinars providing insight into his renowned market timing methodologies on June 8th Tim will delve into the S&P 500 teaching sentiment indicators identifying market bottoms and divergence and so much more on June 15th Tim pivots to the gold market taking a look at cycle analysis ratio studies advanced decline indicators and other important tools for analyzing this sector sign up today on TFNN.com TFNN Educating Investors with live programming hosted by a variety of professional traders during market hours and now they are expanding their reach with the Tigers Den available to all Tigers and Tigresses for just one dollar for the year there's no catch or added costs when you join our community of traders in the Tigers Den you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas interact with other Tigers and Tigresses as they share trading ideas news analysis and discuss the market action all trading day even at night and on the weekends the Tigers Den at discord is accessible on mobile or tablets as well so it's always at your reach to sign up today and become a part of this educational community of traders just visit the front page of TFNN.com you might think that if you want to be successful at trading 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 everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the Fibonacci 24-7 newsletter at TFNN.com when you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis after all he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking expect notifications from Larry on market movement you need to act on at any time first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up subscribe to the Fibonacci 24-7 newsletter today at TFNN.com 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 Hi folks we're back Basil Chapman I think if it meant SKYTSKYT is in the same category is that right no this doesn't look the same category 960 down 2 cents the chart doesn't look the same so back at the range we've got just a few minutes to go and then 11 o'clock news comes up and then we've got 2 hours 3 hours FedSpeak regardless let's just go through this again one thing at a time in this methodology you anticipate that there should be 4 higher peaks once you've got the stochastic over 80% there's a 95% the MACD is really strong the 9 is way over the 14 even if there's a sudden smash to the downside I would anticipate at some point there'll be an attempt that it could go to a C1 and then a C2 meaning that you didn't quite get to D but all the technicals indicated that it was a possibility that you just didn't make it and that is the equivalent of a peak D very often you still get to D but this is what I'm looking at that there should be the high today is the high yesterday was 34,000 a few days a few days so I'm saying stand just if you've got positions have a little bit of insurance make sure that you're protecting yourself but so far everything does look I'm going to wrap it up here and say check out both of you cool