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But folks, if this is the low in the market, and I know it's going to be sometime in October, I am going to be very, very surprised. I could see the ABCD pattern very clearly in the three drive into Dow Jones at the 786. And we had a beautiful one in the S&P. I think I'll bring this out and show you a fact we're having a very large divergence at the time. And that gave us a pretty good idea of what we were expecting today. And we certainly have got that. Now, we've got to get through the rest of the day, but this is what we've been seeing so far. Now, I will get one other one here. And I hope this is it. And nope, this is the, well, this is the Nasdaq just to show you the relative strength in the Nasdaq versus the Dow. The Dow is up 700 points off its bottom. And as you can see here, the Nasdaq can't even make the 382 off the high that we had on the jobs report here on Friday. So that's a very interesting phenomenon in itself. Okay. Now, let me get the one on the E-mini S&P up here because it has a very, very clear three drive to a bottom pattern. And it lines up very nicely. We'll just get this up here for one second. I did this about, oh, I think a 45 minutes or so ago. And we'll get up and take a look at it. Because I just checked, you'll notice here that the 382 on this move comes in at 3653. Well, the high so far today in the S&P has been 3653. Now, is that going to be the high of the day? I have no clue because this market is extremely oversold. Look at this beautiful ABCD pattern. ABCD right at the bottom. Look at them from low to low to low, perfectly accurate over these hourly charts. So just acting just absolutely beautiful. And the longer term, you're making the bigger ABCD. So we're doing for rally, we could go up and even challenge some of these numbers up in here without any trouble at all. We could also stop right here too because this still basically is a bear market, not a big bear market, but it's a little one. We have to get above 3657 for the market to continue screaming to the upside. And we certainly could do that too. So those are just some of the things that we're keeping an eye on today because the market is extremely oversold and is overdue for a rally and we're getting it, especially in the Dow Jones being down 300 and then being up 350. That's about a 650 to 700 point swing today since about two in the morning to where we are right now. But the numbers were lining up saying, well, there might be a rally coming. And we had a rally and everything the US dollar weakened a little bit. And that took a gold off to the races. And it also made most of the currencies rally too. So those are some of the things that we're looking at each day. When I look at these markets, I plan what I think may happen the next day. That's what I try to do when I send a video out. Last night when I was looking at because I had several people ask me about the silver market. And so I did a little video and I sent these out to show you folks what I was looking at last night. We were trading up in this area right here about 40 cents away from what we thought would be good support right there at the 61% retracement. And as a matter of fact, at that point, you're going to be looking at a 135 pattern, correct? And your AB leg here is equal to the CD leg right here. So everything lines up there. And so what we want to do is we want to go and see what happened to it. The next time we took a look at it, which was early this morning, and you'll be pleasantly surprised that by golly, we finally got one right here. This has just been absolutely a beautiful picture of a low in silver. And as long as it can stay above that low, we've got a chance for something really big to the upside. The $64 question is, is it going to stay above the low? And I don't know, and nobody else does either. That's the key to remembering what we're looking at. These patterns are for predictability within reason, and also probability because they do repeat with a certain degree of accuracy that just can't be ignored. It's just, I happen to be a pattern recognition swing trader. So I am just absolutely heavily biased when I look at these. Now, since we were looking at the silver at the same time, we were watching the action in the gold market because the gold market follows along with the silver market. And all I need to do now is to find the gold chart, and I will find it right here, just where I put it. So let's get it up, and we'll take a quick look at it here. Move this up. Rich Anderson will be our guest at the break, as I mentioned, and he'll be fun to talk to. We got a big wheat report tomorrow. Look at the low today, folks. There was a little right back here. We rallied all the way up here, and there we came down exactly to the 61% retracement, and we've already rallied $20 off of that low, just like we've rallied 40 cents off of silver. So these numbers, when they do hit, and when they do hit, they work. And when they don't work, you get out of the way and say, pick up the telephone and find me another thing to trade because by golly, there's always something out there that you'll be able to use and, you know, get on your high horse or low horse, whatever you want to do, and write it. That's the main thing. Now, I did want to share with you the Dow Jones E-mini because it had a pattern here that I wanted to bring to your attention because of the... I do time counts, folks, when I look at these charts like this, and I see three lower bottoms like this. When I see three lower bottoms, the first thing I want to do is to measure from low to low and low to low. That means if we're coming down into this last low here, this would be a three drive to a bottom pattern, drive one, drive two, drive three, you can see the really nice symmetry between these lows, just perfect, goes right to a 1.618 expansion of this move right here, 1.27 of the move in the middle, and that's all you need. You just buy it there, put a stop of about 10 cents and let it rip. And as you can see, it took off and has moved substantially higher from where we were yesterday and also last night. So the metals have started to change direction, and that's also meaning maybe the U.S. dollar has changed, but one day does not make a trade. Let's take a break. 877-976648. In a time of booming inflation, we are purchasing powers eroded. There's no better place to protect your harder and money than in gold. This is the gold flagship asset is the Monk Todd Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in a tier one mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. Vista Gold just completed the Monk Todd Feasibility Study, which resulted in a 7 million-ounce gold reserve in a 16-year mine life. All of this combined with the approvals of all major operational as well as environmental permits. This distinguishes Monk Todd as an attractive, devious pot, ready-development stage gold project. Vista Gold trades on the New York Stock Exchange under the symbol VGZ. 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 it 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. Over 30 years, a frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien found a 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 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 and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN Educating Investors. Okay folks, I've been asked to show a couple examples of some things that we don't usually talk about related to .382. And as you can see here in the wheat, we had this huge rally of well over $4,000 from the low we made here Sunday night down there at 773. We got all the way up to 873. We got up to 950. You can see here we broke. We rallied right up to a 382 retracement, big surprise there. And then today we've completed that ABCD to the downside. Now that was the wheat. I had one other one here, I believe, and I wanted to bring that to your attention too because I thought it was quite interesting. Hold on just a second here. This is the one from two days ago of course. We'll know that's farther back than that. That's back, that's the one on the Dow Jones a long time ago, five days ago. So where is the other one? I did the 61% retracement on that one and no, that's not it. Just give me a second. One last chance and this is it. We'll get this up here and you'll be able to see it right away because when these markets go blasting through these 382s, you can expect something really dramatic to happen. And you can see here in the British pound, we had the first 382 pattern here and then yesterday we had the second 382 pattern here and then we went down to complete this 1.618 expansion of that move and then when we went above here, look out because it really started to rally. So you had two really nice 382s set up here. Both of them had really nice profit objectives in them and then of course once we went above here, that told you that that cycle was pretty much completed and we're looking at higher prices in the British pound. How long? One day? Two days? Three days? I don't know. I wait for the pattern to complete and then I try to go with that. Now I want to share with you something that I really enjoy and it's the last words of our good friend. Hold on, think. Hold on just to think. I love getting these charts from you folks. It really does make me makes me very happy to see that you're seeing the light and you're going to be able to do it, but I want to talk. Where is it? Where is it? Where is it? Is this it? I hope it is. Let me see. Nope, that's not it. Give me a second. Basically it's the last words of his advertisement when he was on iPhone right before he passed away. After they introduced the iPhone, he basically passed away and I wanted to share the words because I live pretty much by these words and I really think that you will enjoy them once I can find it. Give me a second here. Oh dear, give me a break. Why is it that this does? Why didn't he do that to me? Let me try one other thing here to see if I can find it. I got it. That's not fair. Let's see here where we are here. My golly, I can't find it, but basically I'm going to find it because I think it's that important. I copied and pasted it the right way. There's one other way that I can get it and give me a break here, folks. I know we watch these charts too much anyway, but let me take a quick look here. I know when I got this, I know where my source was. Mr. Jamison Sir over there in the Isle of Man and I know it's here somewhere, so just give me a second and we will find it. And here it is, folks. The words of Steve Jobs right before he closed the show when he introduced the iPhone and he knew he had pancreatic cancer and he knew his time was up and he said almost everything, all external expectations, all pride, all fear of embarrassment or fear of failure. These things must fall away in the face of death, leaving only what is truly important. Remembering that you're going to die is the best way to know, to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart. Take the risk, make it pay. Steve Jobs. Boys and girls, you are forced to take risk. It's a question if you do it under your terms or you do it under somebody else's terms. And so when you take that risk, make sure you do it under your terms. That's the whole key to what I'm looking at here. When I say these words from Tony Robbins and he got them from somebody else, I can't remember who it was. If somebody gave him the quote he got, he said, live every day in an attitude of gratitude and may God bless. And I try to do that. I try to give back to this lovely world that has been so darn good to me that I just really try to do it. Probably not enough, but as much as I can, sometimes a little too much, I don't know. But that's what you should give it back a little bit because you don't know when that spinning wheel of life, you know, the ball lands on your number and you're over. But by golly, it's been a good ride for me. It's certainly been an E-Coupon ride. But I wanted to get into that because someone here at TFNN, not with TFNN, but down in the Florida area, has been hit extremely hard by the storm. And basically, the family has lost just a lot. Not all, but a lot. They still, they're okay. I mean, they're not on the food line, but they lost photos and papers and things that just can't be replaced. And when I was chatting with him and I told him, I said, you're basically still pretty lucky. And he said, yes, he said, I know that, but it's still pretty tough. And he asked me how I got through things like this. And boy, folks, I've been through some really wang dingers, as you know, losing a couple million bucks, losing my mother, four of my best friends are now gone. I only have two left, Byron Tucker and Earl and Nicky. And that's three people. That's pretty much it. And anyway, there's a book called A Light for Many Lamps by Lillian Watson. It's about 400 in some pages. It's very popular. It's been around for a long time. If you're having trouble, things are not going your way. Pick up that book and read about other people that went through things that you will flat out not believe and made it through. I mean, it is really an inspiring book. It's just an incredible book. I think I probably bought 50 copies over the past 55 years or so. Sometimes I buy two or three at a time when they're finding many used bookstores and stuff. But it's a great book. Lillian Watson, Light for Many Lamps. You can't go wrong with that one. It equals, to me, from a psychological, it equals Think and Grow Rich by Napoleon Hill. That book changed, that book flat out changed my life big time. Because I was freshman in college and I was able to meet Napoleon Hill when I was in graduate school and W. Clement Stone. So it made even a bigger impact. But I had already read that book 25 times by the time I had met them. Because your mind is the master of your soul. And once you can figure that out, you got it pretty well. The rest of it falls into place. So that's enough of the, I guess, the lecture for today. But we'll have Rich Anderson coming up here pretty soon. And we'll be talking to him. And tomorrow we will have Bill Meridian as our guest. Thursday, I had somebody special. I don't remember. Let me see. Who did I have on special for Thursday? I think the Shane man might be here on Thursday. I'm not sure. But I believe and he's always special. Hey, let's take a break here. We'll be back with Rich Anderson folks. So live every day in an attitude of gratitude and may God bless. 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'Brien and using his bestselling 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 guardleafs, ABCs, 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 $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. 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 in 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 4.00 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. Think or swim banner on the front page of TFNN.com. Folks, one of our listeners was kind enough to send a quote about the risk and the fact that he's finally learned to, you know, deal with it and stuff. I'll be happy to read it to you. And it says, not taking, it shows a beautiful turtle here heading out towards the ocean. Not taking risks is the surest way of losing. If you don't take the risk, eventually the risk will come to you because in life there's no way to avoid risk. A person who's postpones it will eventually have time come for them to take the risk. The decision will be forced into them, choosing between a situation that they do not like or taking the risk for which they are ill-prepared. Folks, in Chinese literature risk and opportunity are written the same way. The meaning of the word depends upon the meaning of the sentence. So risk and opportunity are the same thing in Chinese literature. And that goes back thousands of years. So some dude figured that out really good. So take the risk when it's offered to you and that's the best thing. I love the quote by David White. Sell when you want to, not when you have to. I think that's exactly what it is. But that's the main thing that you got to remember or buy when you want to, not when you have to. So a good thing to remember that as we walk through and look at some of these charts. Now remember folks, when we were on the air here we said that the S&P should have that 382 at the 38, excuse me, 3653 level. And 365350 was the high. And now we're 20 handles under it at 3635, which is a relatively big surprise here. So maybe these numbers actually work. I mean, son of a gun they did today, but not always do they work that way. Now we have a big report tomorrow in the wheat folks. And as you know, wheat's had a tremendous move here. And we got all the way up to 940. We sold off about 50 cents of the last day or so. Corn is sold off. Beans are still up at just a tad. So there's still a question of how the crop is going to come out. The weather that they had there with the cold weather really didn't affect very much. That's the main thing. The thing that's in play, folks. I know they're not talking about it now, but this is what's happening in the market. And you got to pay really close attention to it. Because this is not about stocks. What's going on in the world, folks? It's all about what's going on in the bond markets of the world from the U.S. to China to Great Britain to Egypt, Greece, Italy, all of them. It's all about the bonds. People finally realize that if you keep lending money to people, that's it. Did they try to pull a scam on us when they said, boy, it's going to be negative interest rates? So you got to get in on this. That was a year and a half ago. Of all the things that I've ever seen in all of my financial years, which is I started in 59. This is 20 to 63 years. Never did I see anything more ill-advised than negative interest rates where you give your money to somebody else with no guarantee that you're going to get it back and they're going to charge you a fee for it. Oh, what a deal that is. I passed on it. So glad I did. But anyway, some people probably did. And that's what's going on. The problem we have in the world, folks, is that the U.S. dollar is extremely strong. Now, it's right now, it's under a little bit of a correction. But remember, this thing has been running really fast. Nothing goes up forever. Well, certain things do. But anyway, that's what you want to think about when you're doing some of these things. Now, I want to get to a chart on the FTSE here because we were ready to make some ABCDs on the patterns that we were looking at today in the S&P and in the Dow Jones and also in the NASDAQ. We did make those three drive to a bottom patterns. I don't know how this completed, but I know we were very, very close to completing it down in here. And that would have been a really nice ABCD pattern coming in right here with a three drive. There's drive one, there's drive two, there's drive three. And if we take a look at the sequel to this, which is the German market, which has been nice and colored up nicely for us, we'll be able to see it pretty easily here. Hold on one second and you get this up here and there's where we go. You'll see you've got this three drive pattern coming in here down in this area right here. This is actually, it's got to get down to this level. It could hold this level because that's a really important 61%. It hit it once, twice. Maybe it hits it the third time it holds because that's going to be very, very, very, very interesting if that can hold that level. Alrighty, now let's see what all, we have a question from someone about sugar. My goodness, somebody's asking something about sugar. Sugar the sweet boy. You haven't looked at the chart in sugar since Hector was a pup and that dog's nine years old. Hold on a second, we'll get this up here and take a quick look at it. We just had a big double bottom down here last week. And you'll notice a major support down in here. We've hit it one, two, three times right here. And then of course this week, we've had a heck of a run-up into this area right here. And so that support did actually hold. But you can see it has some really nice ABCD patterns up in here. Five years ago, sugar was trading for 23 cents. And I met a young man from Chicago named Sy Monley and he actually did hedging for sugar. And the news on sugar at 23 cents was this was the most bullish sugar crop could ever be. And they were looking for 40 to 50 cents on sugar. And it was a three drive to a top pattern at a 382 on the weekly chart. And I believe sugar, I, it was trading at 25, 26. I don't remember the day. And I told him, I said, if this thing goes above here, I said, you should throw my number away and never talk to me. But if it works, I'd like to teach you more of this stuff. And two days later, you know, the market reversed and boy, it went down and Sy and I became friends. And he became a technician pattern recognition swing trader along with the fundamentals that he follows. But that's what gets you to the promised land on some of these things, folks, because you know, they follow the market. I mean, just absolutely, you know, amazingly well. And that's the main thing. Now, also, you know, folks, we are in the natural gas. I wanted to bring up the natural gas because we've had all of these have gone really crazy in our favor, the silver, you know, the wheat, the essence, especially the S&P and stuff, you know, all those have broken down the bonds. We've been various bonds for two years. But actually, you know, we haven't really put any recommendations out other than short term 382s in the bonds because of the fact that our target for the long term was 128. And when we were 146, people said they'll never get to 128. Well, eight weeks later, they got there. So that's what we got to pay close attention to. But we've hit these levels here. Now we need to get it above $7 pretty quickly. And if we don't, that means that this little 382 rally that we had up to $7 means it's not going to go very far. And that's when you want to be really, really super careful as you watch these things unfold because those things get a little bit tricky when they turn around and, you know, die like a pig and don't go anywhere. We've seen that happen in so darn many things and all the things we've been looking at through all these years that we've been doing it. Okay, now someone else another question about one other commodity and I'll get that up here in one second. And we'll try to take care of that. But before we get to that, we are going to take a little bit of a break. And what we'll do is we will take about, oh, maybe about two or three or four minutes so we can pay some bills for the O'Brien's and those wonderful people at TFNN. And then we'll try to get Rich Anderson on the phone. We'll try to jiggle his clock one more time. And remember tomorrow, folks, it's Bill Meridian. Be there. We're going to be start to show at nine o'clock. So, excuse me, 10 o'clock, try 10 o'clock, maintain one o'clock New York time tomorrow. Bill Meridian cycles research. We'll be right back with corn. 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 and your inbox every day. 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The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Foreside Fund Services, LLC. This program is brought to you by VistaGold, traded on the NYSE American and TSX under the symbol VGZ. Okay folks, the trading gods are with us today. We have Rich Anderson on the line, the corn man himself. Rich, how are you doing? Doing good, doing good. Rich, tell us about the corn crop and where do you think it's going? What's your best guess? Well, we have a crop report out tomorrow and I think people are extremely reluctant to step in front of that. The exports have been slowed down. You know, the big rally in the week yesterday is due to the concern about Ukraine and if Russia is going to bomb the cities, are they going to cut off the wheat exports of Ukraine? And that's what put risk premium back into the market. But the crop report will tell the story tomorrow. Normally USDA doesn't change too much but nobody wants to step in front of it because if you know every now and then they throw you a curveball. Well, that's for sure. How about the weather, Rich? I noticed that some parts of the Midwest got early for Austin stuff. Was it enough to do any damage? No, it's too late for that. It just helps the corn dry down and makes it easier to come by. Now, we've got a chance for rain tonight and that could make the fields messy. But no, weather is not an issue. Parts of South America are dry but parts of it are wet. So that's not an issue. There's no major places where there are significant issues that can affect things right at the moment. Okay, that's good. And the bean crop is pretty much the same as the corn. It's moving along pretty good. Yep. And some of the beans had some late rains and I think it was just a little too late. That's the problem. But ethanol demands down, gasoline demands down. All this is part of what slows the grains down. But nobody's willing to take any risk premium off because with the situation in Russia and Ukraine, the certainty of having food is up to the willingness of Russia to cooperate with the world powers on trade routes. Now, speaking of that, one of the reasons I asked you to be on the show today, we were chatting, Rich and I were talking about this yesterday, it was about this bridge that was taken out in the Crimea going into Ukraine. And Rich, did you hear anything about who caused that or why it was done? Do you know anything about it? Well, it was it was Putin's great accomplishment, right? And so, you know, he's got his name all over the bridge, basically. And they, you know, nobody's acknowledged, but the Ukrainian special forces did it on his birthday as a birthday present. It was on his birthday? Yeah. And in fact, one of the, you know, the Twitter, but if you did, you'd get a kick out of one of the leaders of Ukraine had done Twitter, the bridge on fire, and having Maramolo, Maramolo singing happy birthday, President. Oh my God, folks, if you ever go bear hunting, the one thing you don't want to do is poke the bear with a stick. You don't want to do that. I know, and that's exactly what they were doing. Oh my God, I didn't know it was on his birthday. Yeah, it was on his birthday, Larry. And, you know, he made the big, the first trucks to drive over were orange trucks, and he, he drove the front one. And, you know, so this was his big accomplishment. And they were just poking, they're poking the bear. Wow. Boy, I'll tell you. You know, the, the dollar is strong. It's amazing that the grains are strong as they are, given how strong the dollar is. And the dollars, you know, going to stay strong because we need to raise our interest rates to slow inflation. And in England, they had, you know, they put that two week program into effect to buy bonds. And then yesterday they had to start buying bonds again. And when the two week program ends on Friday, I mean, this easy money, zero interest rate, is, is not a pretty picture. And you've got more and more people saying we need energy independence. And so I think after the election, you'll see Biden pivot. Do you think you'll do anything before that election to get votes or what's your odds on that? No, I don't think he'll do anything before, but because, you know, if the Democrats don't like the idea of fracking and stuff like that, but we've got to get back to being the swing producer. Well, I think we need to do something. That's for sure. You can't draw down your strategic petroleum reserve. It's drawn down about 30 percent now. There's a zero on that. So you're going to have to go to where you have it. And that's in your fracking. Yeah. Rich, you remember, you know, I lived in San Luis Obispo and used to come out and visit me, you know, that beautiful hotel. Now they have a, a 20 stable thing for Teslas for people can come in off the freeway, the 101 and charge up. It takes 45 minutes. Rich, there's never less than 50 or 60 cars in line. And each one of them takes 45 minutes. So can you imagine how long that takes to get the fuel? And then they charge you for the electricity, which is almost equal to the gas. You know, I mean, it's just truly amazing. My sister, my daughter Jill, sent me pictures of it. I said, Oh my God, I can't believe it's that crowded. But I don't, I don't have electric cars. And imagine that they have rolling blackouts in California. Oh my God. That's terrible. Okay. One other thing. Tell us about interest rates. How high do you think we'll go? I know we're going above 4 percent. Do you think we're going to get to six or seven? I think we'll get, I think we'll get to four and a half to four and three quarters. And the system's going to start to creep and they will, they will duck. You know, in the 1970s, when we were trying to get ahold of inflation, the Fed raised interest rates on four different times before they finally had the willingness to stick to it. God, remember that. You know, so I suspect that they'll get to about four and a half, four and three quarters and they'll fold. That's when we first met way back in 1974, wasn't it? It's hard to believe. Hey, listen, thanks for joining us, buddy. We really appreciate it. And we'll have you on again soon. And anything pops up that has any interest, let me know. And I'll forward it on to the folks here, okay? Alrighty. I think energies and sugar, you know, eventually energy, with the war going on, energies are the place to keep an eye on. That's what I think. Yeah, we're definitely watching those. We've got a pretty, what we think is a handle on it anyway. But anyway, thanks a lot, buddy. We really do appreciate it. We're still going to 33 on the S&P, I believe. So we'll see. I have to agree with that. Rich Anderson folks, and we'll have him on again soon. And I have one other chart here beyond the corn here that I wanted to talk to. And that is the hold on, believe it or not, it is soybeans. And I wanted to get them up here. Here we are. Get the soybean chart up so we'll be able to see it because we've had a little bit of a rally here in beans. We had a nice low here the other day. And then we had a tiny bit of a rally. But compared to what happened to wheat, beans didn't even move at all and neither did corn. See corn is way up here, folks. And beans, which is basically 80% protein and 20% oil is way down in here. Now it's had a nice rally, of course, but basically only to the 3A2. And so that's telling us that it's pretty interesting why this market doesn't quite respond because it has all the reasons in the world to really get strong. Let's take a break. 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 CIBC capital market assistance in evaluating alternatives and in completing and creative transaction. Vista Gold trades on the NYSE American and TSX under the ticker symbol VGZ. 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. 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Okay folks, I posted a chart here of lumber, something that I haven't traded in over 50 years, and I don't plan on trading it now, but someone had a request, so I want you to see this is the last four months. Folks, the high on lumber a year and a half ago was at $1,700. If you remember, there was no lumber around. Even Santa couldn't get lumber for the elves because it was $1,700. There was no wood anywhere in the world, and now we have it down here at just around $400. Cubic foot, I believe. I don't remember what the method is that they calculated by, but I think it's cubic feet. It's board feet. Duh, it's lumber. Anyway, so we've had heck of a move, and you can see that's probably why all your people that are doing repair work and stuff have dropped their prices. Wrong. No, they still charge you the price that it was a year and a half ago, but that's what's really happened to lumber. Lumber is basically a professional thing to trade. I don't know. I know one person, Roy Fassel, still trades lumber, but his whole business was based on lumber when he ran Conti Commodity, so that's what we're paying attention to here. Okay, now the chart that means probably the most today, we should because it's bullish. We should close above $37.53 today in the E-mini S&P because this is just the first bounce off the bottom. The Dow Jones made a beautiful 78. I posted it here. A beautiful 78% retracement exactly there with a three drive to a bottom pattern. You just can't get any better than that. Also, the Nasdaq and the S&P were making three drive to a bottom, so we're having a rally. This is nothing more than a rally in a bear market. Things don't change like this overnight just because the Dow Jones rallies 700 points. Remember the last time it rallied 1400 points and we came all the way back down. You've got to realize that these markets are pretty crazy. Please live every day in an attitude of gratitude and may God bless. We'll see you on the flip side tomorrow with Bill Meridian of Cycles Research, Vienna, Austria, and may God bless.