 The following is a presentation of TFNN Trade what you see With Larry Pezzavento Toll free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Okay, looking good Billy Ray feeling good Lewis We're gonna take a look at this DAX weekly chart But before we do that we're gonna answer a couple questions that were posed yesterday one was The difference between the Kansas City Minneapolis and Chicago wheat I checked with Simon Lee of Sylvis Financial and Farm Bureau and he told me that it's mainly because of the different protein Content in these things some are used for feed and some is used for Consumption and that's basically the reason and the size of the crop Certainly has something to do with it also the second question is related to the farmers going bankrupt because of the low prices That has very little to do with it for two reasons one reason is the fact that most harm farmers Operate like a business that's you know that sigh works on with them Of course and that is that they hedge their crops to make their profit right away. They go to the bank they get their money It's all over all they have to do is wait and see if the crop comes in if it doesn't it's insured And so that's pretty much you know how it works They do a lot of speculation of course, but they do get some income from these tariffs that come in So there every time somebody buys something there's a tariff that money goes to the farmers sigh said so That's all I know and that's about all I can tell you so hope that helps Let's take a look at the next one that we want to look at which is the DAX four-hour chart. This is a little This is better for traders. I think than that daily chart, but if you'll take a look at this one here You'll be able to see here that we've had this really nice ABCD pattern that completed Early Yesterday and you can see it continued up. We almost made a 61 percent retracement today We're very very close to that so it's still, you know moving in the right direction If you're either long or short, it's giving you some nice patterns to look at for sure now Let's look at the next one which will be the weekly on the footsie And you'll be able to see that this one here of course is a much bearish much more bearish market And you'll be able to see that, you know, we're still heading down what we think is down to around 6700 We just completed that ABCD Last week as you can see exactly at the 61 percent retracement at 74 50 in the footsie and of course all of this is dependent on the next tweet as we all know All right, let's take a look at the the footsie on the four-hour By the way, we have a special guest today Samuel Archibald Earrington Hicks Crawford of car Crawford Perspectives will be our guest at 930 To talk to us about the markets and all things interesting. So that'll be fun But here's the footsie for the four-hour chart and you'll see the patterns here are the same as they are just about in Everything else because that's all you do as you see these patterns and all of these things Anything that's liquid and viable and tradable will have these patterns in it because it's the way that they measure Emotion and that's what we really keep a keep an eye on so we'll see Alright the you know the question that people are asking about this China thing folks is You know, you can flip a coin whether any of this stuff means anything or not I'm beginning to believe that it really doesn't you know, we had a big break Let's just show you what's happened here in the last Oh since Sunday night, let's just get this up here and you'll see that these things actually work pretty well technically You'll see that we had this is the NASDAQ the S&P looks the same the Dow looks the same The difference is the S&P only made a six a thirty eight percent retracement Whereas the NASDAQ made exactly a fifty percent retracement with an ABCD structure and it hasn't backed off very much So it's still got a chance here to maybe this single turn and go back and make new highs We don't know the first sit the first sign that it's really bullish as if we take out that 83 20 in the NASDAQ And that would be 31 10 in the S&P that would tell us that yes That's what we're looking at and we'll be watching that to see how it To see how it works. So that's anyway, that's what I'm watching here early this morning Nothing nothing is really a whole lot different than other things that we've seen, you know in the past So let's just do one thing at a time as we go through here I want to spend just a few seconds. Well, not a few seconds. I want to spend a little more time on that with the dollar index here because I think it's got a We've got some real real possibilities here now for this dollar dollar index to start to backing off Let's just get this pattern up here So you'll be able to see it on the daily chart and you'll be able to You'll be able to see that we've stopped at that 61 percent retracement now We've not exceeded it folks that means the euro has held up relatively well at that 109 level We've gotten above that by about 80 pips, which is a good sign That means that that dollar index is backing off saying that 61 percent retracement has certainly stopped it So that's what we're watching as we look at some of these things one of the questions That was posed this morning by email was will there be any effect on what's happening with NATO and Folks, I have no idea that North the Atlantic Treaty Organization What 29 countries and two of the bigger ones Russia and China are not involved because they're not in the north well Russia is but China isn't so I don't know anything about those political things and the less I hear about it and the more and the less I hear read about I don't read any of that stuff because I don't get newspapers or Magazines, but I try not to watch the news and stuff I did see something interesting that someone sent me today that happened in Los Angeles and that was on Thanksgiving Day the banker for Jeffrey Epstein Believe it or not hung himself and it was quickly Ruled a suicide So he'd been his banker for 20 years and all of a sudden he shows up the same way Pretty much that Jeffrey did makes you wonder whether this stuff is really real. It's going on or not Although probably a movie made out of made pretty good, but we'll have to We'll have to wait for the sequel to I guess to see what's going on folks if you have any questions It's eight seven seven nine two seven six six four eight That's what we want to look at the first question that someone's asked me here In the den is how important are these? Relate ratios that we're looking at in the S&P and the the NASDAQ and I personally because I'm a I'm a Technician so all I do is I look at the retracement levels and you know, that's what I was expecting is that we would get to that 3106 level and that level in the NASDAQ was a perfect a Bcd. It was an a Bcd in the Prove it yourself in the 30 at the 3106 we got as high as 3107 and a half So I don't know where we're trading now But that's that's all I'm looking at because if it rolls over from here folks We had a big break, you know, this was a this was a huge break that we were looking at and that means a lot So that tells us The peak is asking is this to take off for gold and silver complex I don't think so and the reason for that is Peak is because the rally that we had in the gold was only You know, we rallied the bottom was at 56 1456 if you add, you know $32 to that that takes you to Wells 59 to 89 and we only got to 89 90 if we get above 89 90 Then I think that's we've got game. So I'd be you know, if it gets above 89 90, but there's not much above that I mean because it clears 1500 and boy, this is gonna be a real bullish looking chart as we pointed out Yes, as we pointed out Sunday, you know, we we said both gold did look bullish We'll be right back 877-927-6648 If you're not currently using the Taz profile scanner when looking at setting up your trading opportunities Then your arsenal is short a mighty weapon The Taz profile scanner is a standalone piece of software that instantly filters over 2500 global financial markets such as stocks ETFs commodity futures and forex headed by Steve doll Taz Understands that in today's technological world the use of top flight software Applications and technical analysis expertise is essential to successful trading in today's market You also gain access to the webinar that Steve doll and Tom O'Brien just hosted the best way to use the Taz profile scanner to profit This webinar archive is available for all subscribers Immediately upon signing up all new subscriptions also come with a 30-day money back guarantee So you have nothing to risk start your subscription by visiting the front page of tfnn.com today And you'll find the Taz profile scanner under the services tab sign up today Are you in the market for buying or selling real estate in the Bay Area including the surrounding St. Petersburg Tampa and Clearwater markets tiger real estate LLC is a firm that has extensive experience in the Tampa Bay area whether you're looking to sell your current property for maximum value Or you're in the market for a second home or investment property tiger realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels from the price You should be paying per square foot in certain up-and-coming areas to the type of cash flow Investment properties are capable of creating tiger real estate can help you make the best decision when it comes to all areas of the market Before you make one of the biggest decisions of your financial future call tiger real estate LLC today at 727-329-8322 Or email us at tiger at tfnn.com that's 727-329-8322 call us today Many of our new listeners have heard about the tigers dead The tigers dead is a lively community where professional traders and investors can meet exchange ideas and information in a comfortable moderated atmosphere Hear all of the tfnn shows plus see all of the charts as they happen live and have access to archives of all of those charts You can test drive the tires then absolutely free for 30 days and greatly enrich your knowledge of these markets And how to make your money work for you details on the tires then on the front page of tfnn.com Tfnn has launched our brand new website. You can still visit us at the same tfnn.com URL But when you do you'll see a new and improved homepage with a much simpler navigation Whether you're watching tiger TV live in high definition or just accessing your newsletter subscriptions We even have new pricing in six months and yearly options Check out the new tfnn.com now and experience all the upgrades tfnn.com educating investors Call now toll-free at 1-877-927-6648 Internationally at 727-873-7618 Okay, folks One of the questions that someone asked me over the weekend I think I've answered this several times before but I'm going to do it again for a couple of reasons one I have a lot of memories behind it and at my age memories is what you like to hang on to The question was how did I get started in astrology, you know in the markets? Well, as I recall the very first part of this was of course, I've been a friend of Jim Jim 20 minutes since 1965 and Jim and I have studied cycles Since that time we were members of the Foundation for the study of cycles back when Edmondo he was still alive and we used to chat with Gertrude shirk his assistant Quite a bit and they were doing work in astrology and Jim did it because he had a really strong interest in it I really didn't but when I went to work at Drexel a Lady came in and believe it was 1978 when silver was moving from You know $4 all the way up to $54 and she said she could trade silver By using astrology, but she didn't have any money and so I said well I'll open an account and I said you just tell me when to buy and sell and We'll see if we make some money and we'll split it and we did that and she did pretty good Now basically what she was doing as I recall it when moon went into Scorpio Which was a two and a half day period that it was a positive for silver The problem was it was heavily biased because silver bottomed in 72 and didn't top until January 8th of 1980 so it was heavily biased. She didn't have any losses, but she would have some drawdowns I think the biggest drawdown was about $700, but by the time the came time to sell it it had reversed and and made a profit so she continued to do that and And We did we did quite successful with the problem was that it was heavily biased because it was only long silver And it was in a roaring bull market, but it worked and I haven't checked since that time it worked for a while And then I didn't so that's pretty much it but the real the real bit the real important one was back in August of 1986 I was going through a divorce and I was working as an expert witness for Eddie Horowitz Working with Gibson Dunn and crutcher and Kiesel young and Logan not a Los Angeles and it kept me pretty busy I had usually two cases a month and that was very fun And I got to travel and go to court which was different and I wasn't trading much In fact, I wasn't even looking at prices But one day I got a card from my aunt and she said by the way today is Larry Bird's birthday And you know since we're going to be talking about that I got a card from my aunt who owned the restaurant Louise's which was started Louise It was my great my grandmother's baby sister and my grandmother started the restaurant in 1932 right in the midst of the depression and it fed the family for 70 years My cousin still owned it till about five or seven eight years ago when they sold it and then a few years later The quality went down and it mysteriously burned down But I used to go there, you know whenever I went in town to see my cousins and have some great food and one day I was in there and there was One of my very very dear friends Lou Mies who owned the big department store there and tear hope and was a big help to me in my career of You know learning to be an adult and he was sitting there with this tall great gangly looking guy with his girlfriend And it was Larry Bird and he this was when Larry was a junior. I had no idea Who Larry Bird was or anything? But I was a big big big fan of Lou Mies And I walked up and he knew the family and everybody and so I walked up to my cousin I said, you know give me the check because I know I don't want him to pay for the dinner So I bought the dinner for the four people little did I know I was buying Birthday a dinner for Larry Bird and later I got to meet him of course several times and go to his birthday parties Which were held in July because he's playing basketball in December. Anyway, let's move on. I guess I'm I guess I'm rambling on here They're gonna shut me off. I guess hold on just a second Okay, we got a call on from Jupiter, Florida from Bill. What can I help you with Bill? Are you falling asleep? That's not at all. It's very interesting Larry and since you're giving us a little bit of history I wanted to ask you and maybe you can share with us From a technical perspective and where technical analysis is today Versus when you began in the business and would you say it's Better or it's different. How would you describe it? Trading is not easy It takes a lot of work and a lot of focus and concentration Would you say that we have more? Advantages and technical tools today or they work better or they don't or the markets are more volatile That's a that's a great analysis today and trading today using technical analysis Well, we have information overload now bill in my opinion. We got too much, you know back when we started we didn't even I was using a Ticker tape. So now we have all these you see people with 20 and 30 monitors, which I think is a little overdone I have two big monitors that I don't even use anymore But it's basically, you know, you just got an overload The difference is and this is a really big difference This is the difference is the spread between the bids and offers are now pennies It used to be quarter half when you bought a stock, you know, you bought it for a quarter He sold it for half now. We're trading in pennies This was due to the so spandits and Harvey or whatever his name was Harvey Houtkin You know back in the late 90s and so that changed but they have instant access and you're you're basically you're trading like a floor trader You're paying what four or five dollars for a futures contract and you know, even less for free for some some places So you have all the things necessary that the technical pictures of the market in other words the bar charts themselves They have not changed and they will never change and the reason for that is it's just a way of looking at the psychology of the market I don't care who is looking at the charts if you took off the date And if you took off the value of it, so you couldn't see what it was No one could tell you what that chart that chart would be now some of them like Tesla and Apple would be predictable But most of the charts you would not be able to tell what they were or how they are so you really don't You know, you're trading equal with everybody else the thing is we got so much stuff coming in that it's you know It's just really pretty much of Crap shoot, you know because you you just have to you know to pick the chart that you want to do and then just I'm a technician though Bill say I don't look at any fundamentals I'm just looking it up and down charts And about bars and that's what I'm trying to do is to find little patterns that that are easy to use So that's the big difference is the flow of information Tremendous, but it's an overload most of the time you see some charts that are so Busy that you can't even make out heads or tails what the thing is doing. So that's what I think No, and I Too much information. So how do you? Filter it down so that you can get to where you can make a decision. It's almost like, you know, there are so many There's so much information so many contradictory Aspects to everything you have to narrow it down to a certain scope But I do agree by the way charts and I have learned this through the years a Chart from the 1800s and a chart from today are no different. You're I totally with you But how do you filter? What are you using? Oh, I use the filter that you actually enter a trade with I Start with the pattern a bcd Gartley's butterflies 135 patterns and I add the ratios to that that gives me two factors to work with as far as risk control So whenever I enter the trade, I know much. I have hung out I know how much I have to risk and from there I just go ahead and put the trade on and see what happens. I follow 12 things pretty closely of those 12 I'll probably get three good signals a day and that's what I'm looking for Well terrific Larry. Thank you very much. Thanks for calling in bill. We'll have Arch Crawford here in just a few minutes folks Larry Pezzavento has just started his brand-new service Fibonacci 24-7 and he's already delivering content to his subscribers on a daily basis when the markets opened and even on weekends each Monday you'll receive Larry's written report that provides detailed commentary and a summary on the charts and videos that Larry sends out and Throughout the week when warranted Larry will send out via charts or videos or both the key markets that he is watching during the day This will be up to the date active trading information that will help you in your daily trading in Larry's first week alone He sent out 25 charts six videos and a full report to his subscribers in just one week If you're a technical trader that uses patterns and retracements to trade then Larry service Fibonacci 24-7 is something that you must try right now new subscribers can get a full 30-day money back guarantee with nothing to risk sign up Now to Larry Pezzavento's Fibonacci 24-7 by visiting the front page of tfnn.com under trading newsletters The path of least resistance is David White's daily trading newsletter And if you're looking for active trading ideas then now is a perfect time for a 30-day free trial to this powerful daily trading advisory Service David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance Using a combination of equity trades along with options David keeps his subscribers up-to-date with all pertinent market information With intraday afternoon updates when warranted don't miss out on this great chance to get a 30-day free trial to David's daily newsletter The path of least resistance with no obligation to pay anything David has been delivering solid recommendations for his subscribers Recently and if you'd like to see the type of newsletter He delivers every morning then visit the front page of tfnn and you'll find the path of least resistance under trading newsletters For all the details and to start your 30-day free trial today log on to tfnn.com now Tfnn is excited about our new software charting program the art of timing the trade charts in Collaboration with Tom O'Brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any traders 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 guardlies 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 gonna 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 This segment is brought to you by think or swim for more information Just click the think or swim banner on the front page of tfnn.com Okay, we're back folks, and I believe we have Arch Crawford from Tucson, Arizona as our guest today Sam. Are you there? I am here Good Sam. We've got the chart of gold, but before we start Folks were asking me how I got started in the astrology and I got some of it Then I'll finish the rest of it later But how did you get started you were worked you were working for Bob Ferrell when you got to New York? Didn't you tell the story that's it was it's very interesting. So go ahead Start how you got started in the whole business of the commodities because you're from South Carolina So how did a boy from South Carolina get to the Big Apple? North Carolina that was close well, I was My father was not interested in the stock market, but he worked for Reynolds tobacco and he would check the Stock page for the price of rentals, and I said, oh, I love numbers. What are all those numbers? And he said there's stocks and they go up and down and I said you mean you can make money without working That's how I got started and I found out that was not quite But anyway, I started watching when I was 13 and then I did my first trade when I was 14 and I was going to the University of North Carolina studying physics and math and I was spending too much time over at the library Looking up stock market stuff and my point grade point average was beginning to slip And it was getting down to a major support level and I figured before it broke that I would Go do what I wanted to do. So I I left and I went to work from Merrill Lynch in the Raleigh North Carolina Marking a chalkboard and They got an electronic board about a month after that We're talking 1961 and I Said this is great. This is what I want to do with my life. Send me to New York and they said don't be silly Don't be ridiculous. And then so six months later. I said I quit I'm going to go to New York and look for a job. They said don't do that. We'll transfer you But of course the the volume had been picking up greatly in 1961 and they needed people so I was lucky to be in the right place at the right time and I went right up and I I had studied one of the guys in Raleigh had gotten me the book off on technical analysis of stock trends by McGee and Edwards and I had self-taught my studying charts every week and So I was already at the technician when I got there and Bob Farrell wanted me and it took him a little bit of while to talk them into having the system because he was there Ever then in 1963 The day before my birthday an article came out in the Wall Street Journal about people using astrology in the various markets And I went and met all of them one was the head of the four Gold trading for Comex and he said he almost lost his job over that article on the birthday But he actually Traded three contracts for me for three years in the mid 70s, which you're not supposed to do but We had an arrangement and he wanted to try it too and I made two hundred and fifty percent a year trading every three or four days on the goal Then they started upping the margin He wanted to quit because I was making the money holding overnight He never held anything What that risk but he risked it for three contracts for me That's pretty good. So I was making a living at it and He was not that excited about it So he wanted to stop doing it and then I was trading on my own just a couple of contracts and The price started running up and the margins started running up and they ran away ahead of my ability to buy a contract So I did all that started the newsletter in 77 So you've been doing the newsletter in 40 years, huh? 43? Wow, that's amazing For you folks might want to know Sam and I are almost exactly the same age. He's three months older than me but we've He's very Yes, I know that I know that he was his birthday It's really funny folks his birthday was the same birthday as J.P. Morgan and mine's the same birthday as Ralph Elliott So that means I don't know Sam. Let's let's take a quick look here at this gold chart Oh, yeah, I'm sorry tell them why I call you Sam because you got my you got about nine different names You're almost like a key for Southerly's like 24 first names. You've got what nine or something And I was named for my grandfather Archibald Arrington Hicks, so I'm not the second of a third of a fourth My next door neighbor by the way was archibald hunter Arrington Williams the fourth. Oh Boy, and he's still kicking around. Yeah, how'd you get the name same Sam? They just nicknamed you that Yeah, I was living with my cousin Archibald Arrington And working for the Harris Trust in Monroe Street Okay, and so every time anybody said arch we both answered And I said we'll call me Charlie which is a RT with an L in the different letter arrangement and And this friend of my cousin said well, could I call you Sam? I've always wanted to know a Sam and I said sure and I used it while I was there in Chicago And I liked it. I found myself more relaxed and More at ease with people under the name Sam than a part archibald I've been calling you that for 30 years Sam. What are you seeing in the gold market here? What? What what are you what you're feeling here? Looks like you're pretty bullish to me It looks pretty bullish to me. Oh by the way I'm number two in the country for calling them the gold the last six months twelve months Timer'd I just great. That's that's fabulous glad to hear that and I gave the bi-signal on a Powerful bi-signal on June the third before it broke out I said it looks like this could be the big one buy more gold now in the letter of June the third Well that was spot-on that was a great one. What do you think the next breakout level is to Sam? Do you feel? 1500 or what are you looking at? Okay The next breakout it's making a flag Pattern it's now like three months old Um day before yesterday it came up to a declining 50-day moving average But it's still in the flag. It did not break out yet, and then Yesterday of the day it hit a higher high and is dropping down below It's down five bucks now So it may retest the 1450 level Which they had a double bottom in November early and late November. Mm-hmm, and it has to go above 1495 Flag pattern on the upside. I see that. Hey, stay with us and we want to ask you about the stock market bond market Okay, okay the arts Crawford of Crawford Perspectives will be right back If you're in the CD market and looking for a secure investment the Tiger first mortgage program may work for you The security for these first mortgages are building lots in the tax opportunity zone in st. 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If you'd like more information about the Tiger first mortgage program, you can call me at 877-518-9190 That's 877-518-9190 If you're a trader in the market looking for exposure to gold or gold mining equities Then now is a perfect time to sign up for Tom O'Brien's gold report the summer is over gold is trading back above $1,500 and the 10-year treasury is hovering at around 1.5 percent Tom O'Brien has been writing his weekly gold report for almost 18 years There's no one that knows more about how the gold market trades and how gold mining equities react new subscribers get a 30-day money back Guarantee so you have nothing to lose every Monday morning Tom publishes his weekly gold report with coverage of gold silver bonds the XAU HUI gdx the dollar as well as more than 30 different mining equities as of September 3rd Gold report subscribers have five active open positions with an average Unrealized profit of almost 38% for each position to see for yourself the types of profitable trades that are recommended within the gold report Sign up today by visiting tfnn.com Will the S&P 500 continue to climb for bold trades on US large cap stocks in either direction trade SPXL SPU you or SPXS Directions daily S&P 500 bull and bear leveraged ETFs Direction leveraged ETFs an investor should carefully consider a funds investment objective risks charges and expenses before investing a funds Prospectus and summary Prospectus contain this and other information about direction shares to obtain a funds Prospectus and Summary Prospectus call 866-476-7523 or visit direction Investments.com a funds Prospectus and Summary Prospectus should be read carefully before investing an investment in the funds is subject to risk Including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services LLC The bull bear trading hour with Tom and Tommy O'Brien next Okay, we're back folks We're talking with arch Crawford of Crawford perspectives ranked number two for gold timing for the last six months at timer digest arch Someone's asking a question Do you see anything? Really ominous over the next decade because we know we've been up for a decade Very very unusual. We've quadrupled Since 2009 much like we did the four years before or that nine years before 1929 do you see anything astrological? It is a little scary out there Every every crash that has occurred in the last hundred and so many years All took place in the same 40% of the Mars your honor cycle Mm-hmm, and we just entered that period November 24th Okay, so we are now in the 40% where a crash could possibly happen They have to have other things confirm And of course we are way overbought on any kind of long-term intermediate term patterns And I predict that we will have a crash This coming year everything is so out of alignment And there may even be an attempt to crash the market on purpose to make Trump lose the presidency Mm-hmm Well, they're certain it's all related to money. I guess so who knows that's for sure what you're feeling about People who have had a good economy Have always won the presidency That's been a the most secure Position for somebody running the president if they've been you know, if it were a renewal And the people who have lost the second term It's uniformly been bad business news Do you see anything in Trump's chart or do you look at his birth chart at all to see if there's anything really negative? Actually, I sent him you know, I Do a booklet that's Made up that's a for a calendar year and all the aspects to your own chart and some of what they mean and Particularly the main ones and I sent one to the president Mm-hmm last year and I'm gonna send him another one Doesn't look good or bad Well Sam we're gonna hold you to that so you say there's gonna be a crash coming someday So if it doesn't happen, we're gonna have to have you back on the air and say what happened So we've got a ten-year period to see a crash There's no When the market has turned down and is accelerating to the downside I can pick the day of a crash a week in advance That's pretty good. I noticed it's a chart that you're showing here You're showing these gaps that we've had this week In the SPX and the Dow Jones industrial lab that in itself is a very unusual event and Do you think that means anything it could be the start of something or well Look well the SPX in particular have the on the chart the rising wedge pattern that's within a in a larger pattern of of a broadening and The the wedge pattern Broke down slightly and then went up and touched the bottom of the wedge At the top Wednesday, and then we came down What is it Friday? We broke down out of sharply out of about any pattern you could look at and And then Monday we Kind of tanked Early in the day and came back quite a lot, but they all came down to support Trend lines on the NDX and on the SPX and the 50-day moving average on the Dow Jones And that's what they're bouncing off of now the thing is once we are close to breaking To covering the gap which we are on the SPX, but not on the Dow. Well the Dow almost did it So they're close to filling the gap now is it going to turn back down and go down harder or Is it going to and go back up now? I'm very bullied 26 depending on where you live in the US and That's conjunct Jupiter within like it was a little more than one degree There's Jupiter all over this sky The 26th the 30th the 2nd of January All Jupiter Jupiter Jupiter which means usually it's the planet of expansion So I'm very bullish on the last half of the month Whatever it does in the next week and a half to two weeks And we'll be able to see Jupiter in in here in Tucson in the sky you can see Jupiter and Saturn are fairly close together and they are growing closer. I think Saturn is about 20 Capricorn and and Jupiter just entered Capricorn So you can see them in the sky and Jupiter is the brightest thing Jupiter and Venus and then I think Venus is coming around there so that all the bright ones will be in Capricorn Yeah, that's where we were in 20. That's where we were in August of No Capricorn is January, isn't it? Yes. Yeah, okay I was thinking of August 20th the 5th harmonic convergence back when the market topped back in 87 That was a big time you and I run TV together. You remember that with Bill Bill Griffith in California Do you remember that? Yeah, that was I think it was 87 remember we There was 90 I think No, it was the top was August the 25th 1987. Oh, oh, yeah, the 24th was the high close of Yeah, I remember it because you had been talking about that for a long time and that turned out to be a really good one That was an important date one of the most important dates in all of history Um, that was supposed that was harmonic convergence supposed to be the end of the Mayan calendar or something, right? Yeah, and the thing is the book Our Gwaius wrote I was on the mentioned on the front page of the journal and I went and bought it and he had the wrong date I looked at that Dayton with the astrology and he had the 17th and I was moving my Computer ahead one day at a time and seven days later. He is the tightest five-body conjunction in all of known history And I said that and it was all trained to Jupiter the best possible aspect to Jupiter And I said it doesn't get any better than this. It's got to be a top It's gonna crash Well, it did hey Sam joining us today it was on that day with the high clothes Okay, we'll post in the den here how the folks can reach you, but thanks again my friend I hope to see you over the holidays. In fact, I'll probably see it tomorrow I think Byron's coming down to visit and he plans on seeing you so hopefully we can get together Terrific. Thank you. Okay. You bet Sam Crawford folks are shaball errington Hicks Crawford. We'll be right back I'm certain you are or strive to be one of the best of the best at everything you do in life It's the most common trait that we tigers and tigers is share if you're looking to become the best of the best when it comes to managing your money Let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets I'm Steve Rhodes author of mastering probability and for the last 12 months timer digest has been tracking my newsletter signals Which have earned either ranking as their number one market timer in the nation for the S&P 500 for the last 12 6 and 3 months timer digest also ranks me as a number one market timer for gold as well The fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the Best and what I do sign up for mastering probability today by clicking on the newsletter tab on the home page of TFNN.com And get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide Great market calls to sign up today If you haven't checked out the newsletters page of TFNN comm what are you waiting for all of the TFNN newsletters are Informative up-to-date affordable and a must-have for every trader looking to gain a competitive Informational edge in today's markets TFNN newsletters cover every aspect of the markets to offer you the very latest in market news Plus new subscribers get to test drive our newsletters risk-free for 30 days From all aspects of the markets including stocks bonds metals commodities and tech There's a newsletter to fit your needs Exclusively from TFNN stay informed each day you trade and get the competitive edge that will help you stay ahead of the game Visit our newsletters page by going to TFNN.com and click the newsletters button near the top of the page TFNN.com educating investors since 1984 Basil Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion Well, originally hand-drawing charts from the late 1970s into the 1980s Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply Later Basil found that computer software which included the standard market technical indicators Enhanced the degree of accuracy and calling price turns as well as market trend calls Thus was born the Chapman wave sequence using the Chapman wave methodology along with other indicators Basil Chapman advices His subscribers of his expert market opinion each market day with his opening call newsletter Right now you can get a two-week free trial to the opening call Basil's daily trading newsletter by visiting the front page of TFNN.com Cancel at any time during that trial and pay absolutely nothing get your two-week free trial to Basil's newsletter the opening call today by visiting 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 Folks tomorrow, I'll finish up the story of the astrology stuff with Dr. Ruth Miller because that was truly a life Changing experience for me that years of 86 87 88, but we'll cover that tomorrow Remember folks that we're having a nice strong rally off the bottom. We're now 40 handles higher Don't forget we went from 55 31 55 all the way down to 30 70 So we're back up to that 50% retracement now in the S&P and we'll see how much more we're in that we're still in Amateur hour it's 10 o'clock now So about another 20 30 minutes if we're still going up It'll probably go up the rest of the day Otherwise, it'll probably reach a top somewhere up in the year around the 13 14 1315 area is what I would be guessing if I were guessing man and I try not to guess too much one other comment that I'd like to make and that is My good friend Tom who guard will hopefully will be on the show here Friday And he'll spend a little extra time with us this week because he's done for the year And he'll give us some talk about some of the things that that he's seeing in the markets And also some of the psychology that's involved and made a transition for him and then next week We're going to have David Paul is one of Tom's mentors and that we've had on the show before So they'll be on and then hopefully we'll also have Bill meridian from cycles research when he gets back into Vienna We'll be able to visit with him. So those are just a few of the things that we're watching today I did want to mention folks that the Treasury bond market Is in a position where it could really do a lot of damage to the downside here folks If we don't get above the 161 level here in the bonds here the March bonds very shortly This is going to be a really really low Low value a rally not even making a 382 retracement and that is extremely bearish And we know that this debt situation that we have out there is Overwhelming whether it'll happen in our lifetime or not I don't know but remember what arch said that we will have a crash sometime in the next 10 years So the day after that crash we're going to have him on Live every day in an attitude of gratitude and may God bless