 as a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648. Internationally at 727-873-7618. Let's go to Alan Homosassa. Hey, Al, what's going on? Isn't it wonderful? This gentleman here with the gold report right before the market fell apart ended up with P-A-A-S. We have a 98% gain in the year. And, I mean, you want 99% proof like I was with you, but we had a good gain there. You always told us to do what we feel comfortable with. And if I lose a little bit of money on the table, I will, but I know that I just pocketed $8,000 or $9,000 for two weeks. That's a beautiful thing, man. Now, Tom O'Brien. Well, welcome, folks. This is Tom O'Brien of TFNN. We go five days a week. We go seven hours a day. We go 24 hours a day on the internet. I-TFNN.com. Always remember, folks, what you think about, you bring about, whatever you focus on grows. Hope everyone's having a great day, safe day. It's making a great night, folks. Be impeccable with your word. Manifest your true intentions. Regardless of what language you speak, your intent will be manifested through the word. What you dream, what you feel, and what you really are, will be manifested through what you say each and every day. Market-wise, let's take a look at it out here. We have the Dow Industrial's trading down to 11, Nasdaq off 150, S&P's down 45. Gold, gold contract, flat, $19.96 an ounce. We have silver down 25 cents, $23.61 an ounce. Lightsweak crude, up 83 cents, $72.88 a barrel, notes and bonds, a 10-year note. Up for six, trading 113.19, the 30-year, up six. Ticks at 126.31, and King dollar. King dollar's up 333.6, 103.535. The euro is at 107. The yen is at 138. The British pound is at 124.01 US dollar. Our phone number's 877. 927.6648, give us a call, folks. Well, I know it's going on in your world, and the world of the S&P's, let's take a look at them. We're gonna go to the future market first. So, take a look at these futures, and they bring these babies up. So, what we have out here is that this low is another high volume low, so we're going down to lows, which is 41.53, right now you're 41.59. But I also wanna show you, like last night, we were talking about the aspect of that high volume low from last night overnight, and sure enough, it went after it. The bottom line is that market closed, hadn't gone after it yet, not only went after it, but of course it took it out. Bottom line, now what you have here, now this always gets cool, is that we'll see how this shakes out. Meaning, I suspect we're gonna go after it. We're so close to it right now, when you're so close to it, it's, yeah, you're only seven points away from it. So, that thing wants to be taken out, and you can see right now, we are on nine minutes. And you're at the, yeah, you're at the, three, let's say if we say the bar is putting quarters, we're at the third quarter closer to the bottom. And you get an expansion of volume, so the expansion of volume's coming in. So that's it, we're gonna go after this thing right now. Now, it's gonna be pretty hard to basically blow that away, because you've got 63,000 contracts there, but it's gonna go after it. That's N-U-S-M-P's. We go to the N-Q's, we take a look at the N-Q's, they're gonna be set up similarly, okay? You know, when they fire these babies off, yeah, there it is. So the N-Q's, same type of setup, and the N-Q's there, that's 20, that's 29,000 contracts, 29,000, the heck. Yeah, 29,000 contracts are the low. This last bar I just had, 13. But you can see it is an expansion, you know, this is, yeah, this is gonna go after that low, that's the bottom line. Now, notes and bonds, notes and bonds, this is gonna get really intriguing, folks. We get some divergence here. The note and bond market, this rejected lower price out here today. Let's put this up and you're gonna see how this shakes out because this is like a classic almost, okay? So, what we have is this. Let me put this here first so I can figure out right where we're at, okay? So we're gonna go into that bar right there. So we're talking here. So watch this. Now, you have 2.5 million contracts in the 10 year, which is a lot of contracts, okay? But this is what you're good doing. You're going into 3.3 million contracts and 4.3 million contracts and you rejected lower price. So what that sets up is that that sets up a rejection of lower price just about at the .618. The .618 would have been 113 and we did 113.04. So that's telling me this note and bond market's gonna bounce again. If we go over to the dollar, now what we have inside the dollar, the dollar's set up to go higher. I mean, there's this set up here. Last couple days, you can see you go sideways four days, straight up, sideways four days. The next move up in the dollar is the 105 to 106 area and then what is a wild card here is this gold contract because what we had in the gold contract, so now this is the, we're dealing with the, let me just look at this for a second. Okay, so I'm dealing with the August contract now. So the contract just rolled again. Man, time is fast. We got down to 17, 1974. You rejected it, 63,000 contracts. That's like contract volume. I know what I'll do. I'm gonna go to the GLD for a second. This is how you can check these things too to see the correlation. Yeah, the GLD is doing the same thing then. That's saying that the markets get nervous about this debt ceiling and you probably might get a little pop here. I'll be careful, but that's the bottom line. I'd still be careful beyond belief because what hasn't happened yet is that the XAU as well as the HUI, let's see where they went today. Okay, they went to the same place. Let's pull this up. When I say the same place, meaning that they're testing the lows of two days ago. Yeah, this test is coming in, it's interesting. So, like on the XAU, I was looking for 125, 14. Now, we've got down to 125, 77. When you get that close, you gotta really start looking at this, okay? Now, we don't get the volume until tomorrow. I mean, tonight at 8.15, GDX, GDX, GDX. Let's see what happens with the equities here for a second. Yeah, it's late volume, man. They're not selling it, but it hasn't tested it either. So, with the GDX, you need that test, man. Because that's a high volume low inside the GDX at 31.58. That's how this thing shakes out. And the bottom line is that you can expect the volatility to continue out here, folks. That's the bottom line. Right now, you get the high volume low that's laying out there. That hasn't got tested yet. Yet, you're still down 41 on the SMP and we'll see how the rest of this shakes out. We look at some of the higher volume equities out here and it's gonna be a toss up whether we have volume out here, meaning expanded volume. You get Tesla down $2.50, we get Pfizer up a buck. You get NVIDIA's down 370. You get Google off 250. Stay right there, folks, come right back. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex Report. Teddy Kegstad breaks down the forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, forex, stocks, and options. Teddy releases his weekly Tiger Forex Report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Pound Dollar, Dollar Swiss, Dollar Yen, as well as many more. 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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. At 1-877-927-6648, internationally, at 727-873-7618. Welcome back, folks, to Dow. Dow investors right now are trading down a 203, Nasdaq's off 152, SAP's are off 45. Let's get over to our mammoth to Basel Chapman as we do each and every Tuesday at 20 past the hour. And don't forget, Basel has an outstanding show here. Every trading day, 10 to 11 Eastern standard time and an absolutely great newsletter, the opening call. Now, it's very easy to get the opening call, folks. You come over to our website at TFNN. You'll see, you go into newsletters, you see the opening call right there. You get the opening call for one month for $149. You get it for six months for 6.95, which is a savings of $199 at 22%. You get it for one year for 11.95, which is a savings of $593 or 33%. Now, they all come with a 30-day money-back guarantee. So you can get the six months, you can get the year, you get the month. If they work for you, that's awesome. You just continue it. If for some reason it doesn't work for you on the 29th day, folks, you just tell us, hey, listen, it didn't work for us. You get your money back. And on top of that, Basil has approximately 12 archives out there so that you can really see how Basil looks at the market each and every day and how he rides that wave. Basil Chappan, welcome back, man. How you doing? I'm doing well, Tom. How are you? Good. Do you have a good time? I really did. In fact, we went to visit a really good friend of my wife. We went to medical school together way back. And she lives in London and we went to visit them. And then we went down to the south part of England, which we've never been to. It sounded like Boston because we were in Dorchester. Where was it? It was Dorchester, Weymouth and Portland. Wow. Around the Boston area. But it was so terrific. Really beautiful. You drive on the countryside and the different colors of the farms, you know, the greens and the yellows, it just, it was really beautiful. And along the, almost all the side roads, they have a little hedge that grows along the sidewalk on both sides. Okay. So it's like this little mini protection part that you just keep going. And it's really very beautiful and it was lovely there. We're on the Jurassic coast where that's some of the dinosaurs, et cetera. It was very, very interesting and very different to vacations we've taken before. And of course I was looking at the market. I managed to do one of the shows live. Oh no, I know, I know. You're a trooper, man. No doubt. Your wife, it must have been awesome seeing someone you went to school with. Because it's just like that, right? It's just like old times when you see someone you haven't seen for 30 years, which is amazing. Right. And this is, well, this is, they went to medical school together and they used to study together. And so, you know, they've gone different directions. And her friend landed up in London, been there for a very long time. We landed up here. But it was very nice and very good to hear them together, talking and it was a lot of fun. Nice. Well, welcome back, man. Thank you very much. Let's ride this wave. Where we going? This is interesting. You know, there's a pattern I talk about. It's this lowercase h. I call it the dreaded h. Because if you come straight down, I'll show this chart right here. If you come straight down and then you make this arch formation and fail at the first or second peak, peak A or a peak B. And then you come back to the low, but you don't break the left side load. Means you can have a good rally, but you could go from the h pattern to a lowercase m pattern. That's the one that better not break that left side load because that could be quite serious. So here we are, 32,937. And the doubt was that very sharp four day slide from the first of May at 34,257. Then it bounced and it failed and it came back, but it didn't take out that 32,937 low. That was about six, seven sessions ago and then ready to gain. And now we're pulling back and we're going to see where this goes. It's on the 200 period moving average. That's not the point. The point that I wanted to make was that from the load that was made in October and we're very lucky, we went along right at the low. So we're still holding those positions, the long positions, but what my contention has been is that if we are able and this is why I always like very much to be able to time highs and lows because if you get that when the market eventually has a stigestive phase, you out of that, you've already got a good cushion. So, you know, talking about it here, 28,660, my contention has been that on every big bad news event over the period of months to come, that's what I was projecting on. If we were able to get in low enough, every time there's a pullback, if it comes from this higher level up around about the 34,000 level, it means that you've got a good cushion. And here we are once again, you've got this debt crisis coming up or we don't know yet if it's going to be a crisis, but there's a cushion. So that to me is a good side. On the very short term, I'm a little cautious, but now look at this. So, you know, in my work, I always like to look for peak Ds. If I get a buy signal, which is upgraded to a buy mode, it should give you at least four higher peaks. Well, all of a sudden we got to this peak C two sessions ago, and today we're pulling back. This is in the S and P. So I'm not sure, I don't quite understand this because the technicals are still pretty strong. It's quite a bit of a pullback today. I don't know how we can squeak to the 4212 area to be able to make that leg D, but I'm watching it very closely because if you look at the, this is the S and P. So the Dow is ready for a pullback. It's already in this digestive phase. S and P made a new recovery high just the other day. In fact, it's almost a yearly high for the last past 12 months. Now look at the QQQ. I'm always looking for D. Well, it made that D at 338.67. Technicals are still good, but it's a pretty sharp pullback. But the flat stochastic at 93 says it's either going to be a vicious decline using tremendous power and speed down side, or else we're just going to be choppy choppy for the next three, four, five sessions going into the end of the month. So I'm watching this very closely because everything's set up to be cautious. We've become quite cautious. There's a stock I spoke to you about oh, quite a few weeks ago. This is called Symbiotic Inc. End-to-end, artificial intelligence, robotic warehouse automation systems. We're in the 21s. It's here it is at 31. It's done very nicely. We're taking a little more. And it's also, look at this kind of a double top here. It has gone to this. It's almost the same as the spy in leg, maybe C, E. But I'm saying, let's be a little bit cautious. There's another one that we had, which is BOTS. This is very interesting. This is the Global X Robotics and AI ETF. We've had it for some time. It's now at 2629, took a little bit of profit and here it is at a peak F. So everything says to me that we're in an area that makes the market somewhat vulnerable. But if you look at weekly charts, the weekly charts have done very well and are still holding very well. And that includes, let me go back to the QQQ because this is going to be really fascinating. Look, the technicals here in the QQQ weekly chart, this is the MAGD. Look at the distance between the two moving average. That is very powerful. Look at the stochastic flat at 95%, 96%. That's really good. And the nine period moving averages way over the 14 and the prices way over. So I'm looking at this and I'm saying, we're ready for some kind of a digestive moment, but the charts are not saying yet that there could be a smash to the downside. It's saying, be a little bit careful here and be very selective. You're still looking at some stocks, individual stocks that are doing well. So I think this is a period where raising some cash, there's nothing wrong with that. But at the same time, I'm just saying, let the market tell me, we've got a little cautious right now, but the weekly has improved in the three major indexes and the monthly chart is starting. Oh, look at this. Just as we're going to the break, look at the monthly chart. Finally broke out of that resistance in leg C. It isn't very strong, but at least it's broken out. So they're all good signs, but I think we're ready for some digestive phase. And folks, it's very easy to get Basil's Newslight. I come over to our website at TFNN. You're going to go into newsletters, you see Basil's opening call right on the right-hand side, hit it, and you are off to the races. Basil, you have a great one, safe one we look forward to show tomorrow. Thank you, John, you too. Thank you. Stay right there, folks, we'll come right back. The Gold Report. As a precious metal, gold is still king. It continues to hold the most effective safe haven in 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. 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. 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There's no cash or added costs when you join our community of traders. In the Tiger's 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 Tiger's 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. 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. Welcome back folks, a doubt. Dow Industries down 177 to get the NASDAQ off 142. SAPs are off 40. And the fireworks are gonna begin Wednesday night, folks. Wednesday night, this is, so you get Ron DeSantis is gonna announce his 2024 presidential campaign with Elon Musk, Wednesday evening at 6 p.m. DeSantis will speak with Musk at 6 p.m. On Wednesday and the campaign will release a video formally launched in the campaign. Bottom line is that this is gonna be quite a deal, man. We'll see where it all shakes out because we know Trump is gonna be coming right after him. And right now, we're talking the primary, but it's gonna be pretty hard to beat Trump on a primary. I mean, that's my take on it anyway. And he'll really start on the census. And I, hey, we'll see where it shakes out. I think DeSantis is thin-skinned myself, but we'll see where this shakes out. We're gonna find out, man, real quick, because it takes something else in order to basically get through any campaign, never mind a presidential campaign. And we'll see where Musk is gonna be using Twitter to basically pump him up. So Wednesday, six o'clock, here we come. Inside the NDX 100. Let's go take a look at the strength versus the weakness inside the NDX. Let's, so inside the NDX, what we have is this. You get Moderna is up, that's up 9.3%. C-Gen's up 1.7. Broadcom's up 1.3, and Walgreens Boots up 1.1. Taken away from it. Zoom's down 8%. Aligned technologies are 5.5. IDEX Pharmaceuticals are 5.5, and Intuosurgical was off 3.5. Inside the Dow Industries, the strength versus the weakness inside the Dow Industrial. Point wise out here, okay, so we have Home Depot putting 33 positive points, Chevron 28, IBM 6. Taken away, Visa minus 44, Microsoft minus 33, Salesforce minus 22. Let's go over to Microsoft for a second. I wanna take a look at a couple of these high flyers because they've been holding the market up. Okay, well, this is not actually volume off the highs, but you're getting a little, it depends on when we get coming into the close. So we only get 21 million shares. It would need a lot, it'd need a little 35 million shares, someone to really dump something, coming into the high. Now, NVIDIA, let's go take a look at some stocks of some of the targets out here. NVIDIA's gonna be coming out today at 24th, let me see this thing. Where am I? Shame on me. No, tomorrow. So NVIDIA's coming out with the numbers tomorrow. Now, NVIDIA's gonna be looking, the lowest 108 for the year, the highest 318, they're gonna be looking to do 6.5 billion to the top line and 91 cents to the bottom line. Look at that bottom line, man. Whatever they're doing right now, folks, this is interesting. Look at those numbers if you're watching Target TV. The bottom line here is extraordinary compared to the top line. So there, whatever this chipset that they're selling now is evidently a lot more profitable than it has been in the past. 108's the low, 318's the high. We'll take a look at this. Okay, so I gotta get this on a weekly. Yeah, this is, okay, so it's an ABC up. Now the question is, how big is it? I think it's already reached it actually. I take this one, I could take that one, you take this one here first, 92, that's 30 bucks. And that gets you to 210, 310, you're already reached 312, that's one of them. Then the 280, that's 58, and we do 58. Okay, you wanna see something wild? 58, one second. 58, that's 50, 42, right, zero, yeah. Yeah, okay, so this is saying that in both cases your ABC structure is finished on the way up. Let me put this on a monthly. When you have two separate ABC structures finishing, that's telling me that, you know what, you're gonna do something other than go up. Yeah, and on the monthly, see this on the monthly? The swing point on the monthly is 1.1 billion, and we've only done 670 million. And the 670 million is going into 1 billion, yeah. So that's telling me that NVIDIA is not gonna hold price. And right now you're at 308. We go to Freeport-Macmaran, FCX. We take a look at Freeport-Macmaran. The lowest $24, the highest $46, they're coming out. Next time they come out with numbers is on the 21st of July. Yeah, this is a little problem child. So this here, you broke the consolidation. What number is that? You're at 3470, 3360. I hit 34 today. I wouldn't be biting on this yet. This is like trading a consolidation. And it came into its downdraft from last March. Couldn't handle it. Volume was lighter. It did take out a high volume swing with lighter volume, but it has another one laying down there at 2480. This could get out at 2480, which would be pretty intense, which would be an indication, okay, that the dollar is gonna keep moving higher. If that's what happens, that's how that's set up. VFC. So this one here, all right, okay, this is a, the low is $18, the high is 51. They come out with numbers that, no, is this today? Yes, today they must lose money because it's a chat's a mess. Okay, so they claimed, this is an active outwear clothing line. They're looking to do 2.7 billion. And that 2.7 billion, by the way, is a contraction of 800 million in 90 days. And they're looking to do 14 cents. This has been a one-way trip downtown, and it's just gonna keep going downtown. Yeah, there's nothing in this thing, man. I mean, this, this stock wants to get out of the eight bucks. Yeah, it started, it started at 100 bucks. It's down to 48. There's a kind of trend bounce up to 89. Yeah, there's, there's nothing here, period. That's that, that, yeah. Retail's hard right now, especially clothing retail. I think we all have too many clothes anyway. I don't know if people are buying clothes anymore. They probably are, but you get the gist of it. Huge difference, no doubt about that. Dow, Dow investors right now trading down 161, the Nasdaq's off 139, S&Ps are off 39. Stay right there, folks, we'll come right back. 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Welcome back, folks, to Dow. Dow investors right now trading down 165. You get the NASAC off 138, SAPs are off 39. And so you had the Surgeon General come out today, folks. You know, bottom line saying that, you know, social media for, you know, you know, well they're not children when they're 19 years old. But from 10 to 19 years old, he came out with a warning, okay, once who's they have potential risk of social media to young people and urged policy makers and technology companies to strengthen standards for adolescents. The advisory noted the benefits of social media, including its use as an outlet for creativity and finding community. But the report says there are ample indicators that social media can have a profound risk of harm to the mental health and wellbeing of children and adolescents. Children and teens, particularly vulnerable majors, 10 to 19 as their brains continue to develop, the advisory cited the 2022 Pew Research Center that found 95% of teens use of social media and more of a third use at least one almost constantly. The advisory pointed to several studies examining the range of adverse effects of social media adolescents. These include online harassment, increased exposure to content related to self-harm racism, negative impacts of sleep, body image, physical activity. The thing is, wild men, I mean, you can picture that there's no doubt I always thought the aspects of, you know, the addiction of social media folks is huge, right? So I can't imagine when you're a child because what ends up happening is that everything you're into, you're into so dramatically. Like picture, you know, we were lucky enough to grow up playing football, baseball, hockey, boxing, handball, right? And during those times, that's all you would think about, right? I mean, I went from one bag to another bag to another bag and that's all you think about. And, you know, yeah, as you'd be playing those, your thought process, at least my thought process was like, okay, who's on the other side? Who's tough, who's not tough? You know, where's this gonna go? Now, in the social media space, you know, the bottom line is that they're on the phone and you get, it's not good. For society, it's absolutely not good. It's gonna be kind of a lost generation, I think, you know? Now, yeah, I mean, that's my take on it. And we'll see if it's even more than one lost generation. That's the reality because, you know, all's you have to do, which we all can see when you're walking down the street and, you know, everyone's walking like this. Now, that being said, this has happened all over the world because I remember, you know, I was in China with three years ago and it was the exact same thing, man. I mean, you know, this is not different. It's not like, you know, the U.S. is different than ours. Everyone's like this. It's not good. Anyway, we'll see. I don't see how they're gonna put in any timeouts, let's put it that way, into them that they can actually start thinking of doing something else. Because, so picture what happens is that the, when you get into, now let's talk about adults for a second because when you actually get into trading, that's just as addicting. That's the bottom line is that, you know, when you're in front of these screens, especially the first, you know, three or four years, you almost don't do anything else. And that's just as bad. Because the reality is that, you know, you're trying to scratch out a living in front of the screen and then everything else, what are you gonna do with everything else? So it's, you know, the work-play deal is, you know, really important and the addiction value is pretty heavy, you know. So there are all these different addictions that are out here. And in particular, I think for adults, particularly if you get into trading, well, you better, you know, get some kind of a system down. Because if you don't, you're gonna be hooked on these machines in general. And then the key is, of course, you know, if you do good, that's fine, but if you blow your brains out, then it's a whole different ball game, you know what I mean? So there's a lot of different addictions that are out there. But I'd say the social media addiction is the worst by far right now. We're gonna take a look at the volumes out here. What do we have inside the volumes? And one of the reasons that it is the worst is that anyone, these are all these big dudes that corral, I call them corraling people, you can corral them very easily. You know, you send something out, you send this out, you corral them up, just like you're corraling a bunch of cows, horses, whatever you're corraling and then you give it to them, you know what I mean? So it's not cool. Inside the NYSE we're doing 537 versus 838. So that's gonna come in light unless you get a big blowout at the end. Inside the composite, we are dealing with, now the composite's not gonna come in light. That's 3.7 versus 4.3. So let's go look at this composite for a second. Okay, so let me see what we did three days ago. Yeah. So we're going into, it's gonna do about the same. We're going into 4.5. Right now it's 3.7. We go take a look at the Apple because Apple bottom line has been running the market as Microsoft Nvidia. I mean, it hasn't just been one, you get three or four that have been running the market. I mean, Apple, the expansion of volume is still not there, you know? We, 36 million shares, you're coming into 67 million. What you'd have to get, you have to get a good expansion of volume here. If you're looking at the screen, these are all block trades. These are big trades. There's no doubt about that. These are big trades that are happening. 25,000 is a pop, 18,000 is a pop, picture 18,000 times that, you know, 171. We're going to Google. So all of these equities, just about on the monthlies too, are not working, meaning that they've been going up, but it's been dramatically lighter on the monthlies. Like Google, even, well, Google's not that bad actually. Google's coming into 568 million and you've done 463. So that'll do about the same. That'll do about the same. We'll see whether it can get inside the next range. The next range in Google starts at, right where we are right now, the 124 area. That's how this is set up. We go to the oil contract. Let's go take a look at, well, first, OIH. Let's go to the OIH. We're talking to Frank Gisley about the OIH. The OIH is going to have some heavy resistance at this 270 mark, because the 270 mark is way back. Did I put this on him? Yeah, I put it on a six month, about five months ago. It had come down with some big volume. See this today? Now you're going up and you're contracting a volume in a monster way. You're gonna be careful on this one because the contraction is huge. You're coming into a million shares and right now you've only got 288,000. If we go to the XLE, we take a look at the XLE. So the low for the XLE is 80, no, it's 65. The high is 94. We take a look at this and this is going after the lows, man. Yeah, I get that high volume low once we attest it again, it's 75. So right there, folks, it's coming right back. We have the Dow. The Dow industrial is right now trading down to 188. Now it's taking us up 136. S&P's up 42, come right back. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. 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I want to look at the fertilizer stock in particular, nutrient ticker symbol, NTR. OK, so the low is 58. The high is 108. Don't buy it. This thing's going lower. What are you looking at, please? Looking at the monthly, it's a little bit concerning. Yeah, it's been a one-way route down, which is not good also for the market, you know, for the generals. You know what I mean? You broke? Look at this past month, the low was 58.75. Then the high, the previous high at that level was back in October of 2018. Yeah, this can go to 42 bucks, man. This is saying that whatever is happening in the farming businesses, they're not going to be able to price up the nutrients. Yeah, see, the next leg is right over there, Mike, which is the highest, 42. We're at 60 right now. So you broke, and you broke with some volume in. Yeah, that's what I'm concerned about. So I mean, you're thinking the next stop, 42. Yes. And if it breaks 42, then what? Well, it would be the bottom, that's the top of that high volume bar. That's how that works. You can see it's a high volume bar in a monthly, but most times, you know, when you come down this dramatically, most times it's going to get some support because there's been so much selling. I mean, this is a stock that was $117. The bottom of that is $23. But most times, the way it's come down, you can see expanded volume this month. You know, if it makes it down there, you'll see the volume expand and probably contract when it gets closer to that $60 area. That's how it normally sets up. Have a great one, man. Have a safe one. Always remember, folks, to bank and claw your heart out, the bull can run you over, and thank God, there's always another trade. Health happens in prosperity. Have a great night, folks. Have a safe night. Come back and visit Tommy tomorrow morning. Kicks us off 9 AM. Great show, folks. Yeah, look at him, folks.