 investors. The following is a presentation of TFNN, the Tiger Technician Hour with your host, Basil Chapman. Call now. Call free at 1-877-927-6648. I'm Basil Chapman. I go to the terrible tragedy with just so many people perished. And at the same time, the bravery of people that I just, forever, I just keep thinking of, first of all, people that were there, not really knowing what was going on. I mean, the whole thing must have been an incredible mystery, right? And at the same time, I just cannot get out of my mind. These are just the most obvious ones. But the firemen going up the staircases, when the majority of people were coming down. I mean, oh, anyway, our thoughts are with both, with the deceased, the ones who died. You know, we have to say unnecessarily, but that's what happened. And it's a tragedy and still is a tragedy. 1054, it's 34,631. So this is what I like to do. I'll do it right now. It's the beginning of the week. We're now really the first full week of September. So we're going to be seeing something very interesting here because here comes the challenge. The residual strength is the tide going down strong enough in the daily chart to impact the weekly chart. And that goes for all of the key indices. And that's what we're going to see this week. As far as I'm concerned, I've made it as simple as possible using other techniques. Let me just go to this and we'll use this. Oh, I had the wrong one that I'll show this. I show this to subscribers of my opening call every weekend. I have almost like a webinar. I do a video about an hour long video, go through all the different aspects of the market, what we're looking at, why? But have a look. This is the triple yield chart weekly triple yield chart. Look how it's bumping up in this. There was a beautiful cup and then a handle formation, not one of my favorite formations, only because even when it succeeds, it invariably comes back to the handle. I don't know why people make such a big deal about it. It is just another pattern. And it's not a very, if you get the bottom, that's a fantastic percentage move. But most of the time you have to wait for the breakout. I use other techniques. Of course, I use the Chathamay falling axle, many other techniques. But the basic technique says, oh, cup and handle break out. Yeah, it's also a breakdown. Invariably it is. The best pattern you can ever see is the Chathamay cup and ladle, where it takes out the previous high, the lip on the left side of peak B or C. And that guarantee, but it assures you there's a really good chance that not only you're going to take out the previous high and the overlapping wave if you've got the two things together, but you're going to go to a C and then a D. And then you can come back and test the lip. You don't even have to go back into the cup. All right. With that said, this is suggesting that we've got yet another. Here's your let me just do this. Yeah, so you can see it beginning of the week. Take out time. So you've got your cop and almost the 34.54 level that was way back in 2018. Go all the way back down to the four or five area percent area. And then you come back again and you take out, you got a 34.72. Take it out, make a cup formation with a handle, small handle V shaped pattern, take it out and almost like a one to one sine wave. You go up and then back down to the midpoint that I happened to call this green line where I said, don't get too panicky about yields because we've been here many times before. The issue is if the yields break out, find a new base of support and then start the next move up. And that's kind of where we are. We've got to be watching this very closely, because you've made look either a double you a you and a second you or a cup formation retest and we take it out the chat wave inside track repellence and I'll just do this as one line for the moment. And here it is. You've got your second testing, testing, testing a number of more times you try to hit this resistance area, the greater the chances are that you go above it. So we've got to watch that so that the blue is the cyan five year T note yield. The brown is the 10 year TNX 10 year T note yield and the white covered by both of them because it was sneaking out there at about 4.384. That's the 30 year T bond yield. So yields are pushing higher and I think that is making the market nervous. But look at this. This is the housing index. I can't believe I went through this over the weekend with subscribers. The Philadelphia Housing Index is still holding so well. Paul Brothers, almost at an all time high recently and then pulls back and then goes back to that level. Yes. RS or HRH restoration hardware took a huge tumble. But the builders BLDR is the builders is the in the construction, the manufacturing and that is holding extremely well. So yeah, we got global timber, timber and forestry ETF pulling back making a peak DR should have colored that in. I forgot to do that. Make that whitish gray, make it gray. Yeah. So that's your peak D pulling back, maybe a dreaded H pattern, but it's still holding pretty darn well next to the 200 pf moving average. So so far, all the things I was saying to subscribers over the weekend, all the things you normally anticipate in a market, a kind of a rotational corrective market like this. There's nothing that's normal. Everything is out of out of the ordinary. And within that context, I've tried to make it as simple as possible. I mustn't make a mistake. Close workspace. Yep. Close workspace. Yes to all save it. Now let's go back to what I was going to look at, which is right here. This is the moving averages that I love to show. So look at this. The reason why I talk about the tide. And yes, I'll get back that snd is doing fantastically and we spoke about it. You got your break away. It filled that gap. Very nice. We'll get to in a moment. But look at this. This is the daily doubt that there's already going on, but it's still the nine print moving averages pink. And I spoke about this green moving average forever. I said, I've got signals, other signals that will give me the turn. But the key turn is when this green nine print moving average goes pink. And that says the tide has changed. Yes, it could do that. As we've seen before, for one bar back in April May of 2022, where the QQQ did that. But look what happens when you turn pink, it stays for a little while. Now it's gone green. It's holding okay. This is a QQQ 370 392 up $1.34. But looks to me like the nine or 14 are getting closer and closer. Remember the dollar I said the dollar as long as this time period moving averages acting so well, I can use other techniques to say that we're going to have a certain some kind of a cell signal just as we did with the Dow. Remember the Dow got the cell signal right here August the first on the very the high of the of the move, the recovery high, and it's pulled back quite a bit since then. But look at this, the dollar, the nine is still rising, the green and the black 14 period moving average is still rising, the prices come down. Doesn't do this way yet again, it pulls back sharply goes under the 14 period moving average yet that nine period moving average. That's the the for me, the tool of last sort is still extremely positive. Look at the EUR USP we should be having a little bit of a bounce today. Yeah, it's got a bounce. But look how strong that pink 19 living is under the black 40 period moving average does up 7880 s and visa 14 Baselchap and I'll be right back to talking about title trends. If you're looking for potential trading setups in the stock market, then rocket equities and options report is a newsletter you should try. 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While we're doing this, I have some questions, so let me just get to this. There's a stock that we were looking at the other day. Smart Sand Inc. and Smart Sand Inc. integrated sand company and logistics. You know, all of a sudden sand has a little uh a microchip in it. Not really, but anyway, that's kind of the way they're trying to treat it. And what do we have? We have a trading at $2.27 up $0.13, but wait a minute, wait a minute. That's up $0.13. That's almost 6%. You see what happened to this? You remember Tommy, who likes to talk about the power of low numbers and certain percentage terms. So what we've got here, I use this but I'm going to get rid of it because I didn't think it would work and it didn't work. So what I am looking at here is that we had discussed that the 200-beer moving average is like a fulcrum from the high that was made up in the 260 area back in March of this year of this year. And then the midpoint is round about that two. I'm just eyeing it round about $2 let's say and then it slips down to $1.40. So you've got this big bowl formation and a bowl formation is I remember back in 2000 or it was 1999 going into 2000 or maybe 2000 going into 2001 where the XAU was at about 44. I might be guessing it around 23 years ago whatever it is might be wrong about the number but it was making this thing. It gave just a fabulous signal and I was showing to subscribers back in 2023 I think it was that there was this wonderful gold and XAU bowl formation like a flat bowl like a really making slightly lower lows and lower lows and lower lows and then turns around and makes slightly higher lows and higher lows and higher lows and then it breaks out and then over the years I heard expressions different expressions explaining it because what I didn't know the terms that I could use but I always the way I'm said is I would love to have a tool that could measure the sideways move it like a compass put the pin at the bottom and then just swing it up to the top. I don't have trade I don't think trade session has that I wish it did I think I've asked him before but I am I don't I haven't heard a word but we're great look so you take this swing from this left side you have to identify this is almost like bar parallel you remember bar symmetry and then you measure it to the right but it doesn't always work that way because you don't always need to know exactly where to take it from the left side but what does happen is it makes this fabulous pattern and as it breaks out it starts to break out and just leave the kind of rectangle bottom that was made at the at the some some kind of a lip side left side low going to the base of the low and it just leaves that rectangle alone it just says goodbye it might come and visit it as support but it's really saying my trajectory is upside so this is smart stand and in the den of a tv says hi basal oh it says san d a growing player in supply to the u is fracking industry okay that's the sand that they were talking about i was i didn't go into detail expanding into residential oh it is residential that's what i thought would be going to residential and construction financial improving q and q yes i can see that because money is going in for infrastructure so this is a play so i'm going to make a note of it i think everybody should make a note of it thank you so much for bringing to our attention i did that but i didn't actually put down um now it's a little tough because it's in this leg c it's in the middle of the left side high i don't know if it's going to go to that high in this particular move but i wanted to mention that because i think what i try and do in each show is to have something that we can discuss in great detail so people want to do their own homework so two two uh 65 was the high back in the 9th of March 269 so 2.69 i see no reason why it can't get there uh 2.69 i see 39 339 39 23 um and with that said i don't see any reason why it doesn't get there now time time is a big issue so as i'm looking at it right now the mac d is strong the nine is way over the 14 the price way over the nine the stochastic's flat slow flat at 88 percent the unbalanced volume is weak but it's improving the relative little gray line is improving tremendously but we've had this give cell signals before now we've got some uh someone in the den who uses the nine ema as a signal i have a good friend who used to years ago used to hand chart all these things and then you print out whatever it was now i mean hand write on these charts and then he would have these things printed out and then he would look at the rsi and he'd have a whole whole technique that said as the rsi breaks out of changing direction you can get an up move in proportion to something that he used to measure so i i've used the rsi more as a confirming tool i found as a timing tool it i have other timing tools that are way way better as we did with the dowel and that august the first high and the dowel using a particular tool so yeah i do that but at the same time what i am looking at here is this is in play so the daily has to be the first thing that's your that's your speedboat that turns around in a split second the weekly is the kind of intermediate term this this is the one that takes a little longer before it recognized that there's a turn and then the monthly is the one that that's the the super tanker that says huh wow it's going to take me a long time to even make a turn and that's exactly what's happening here you've got the weekly already in leg d way under the previous c failure that was up at the 260 level the mag d is good stochastic is good stochastic is at 85 percent on balance volume is lagging i'm looking at volume in the daily chart that was increasing on the rallies that's that's a good sign but most importantly i am it is looking as if the support level is really what you must consider in this particular instrument snd is a symbol and i'd give it all of two 204 to 186 and that's not bad i mean huge percentage decline if it does that but it's not bad when you're looking at building momentum upside momentum in a weekly and that will impact the monthly and the monthly has an unusual i don't want to take time now but it has an unusual chart formation and i'm suspecting we're on the right side of a cup formation so yes i like it very much short term as i say one so the two 206 ish to 180s that's kind of your key support level very short term 213 maybe pulls back and then has one big spike to a d and then it can take a bit of a breather okay with that said i hope that helps you um let's see god is to two dollar plus shares for decent profit and hold those from yeah 180 long term if you've got it 180 and that's your long term to my eye i don't think i'd mess with this that long term position that you've got a dollar 80 it could even go down to a dollar 60 as long as the monthly chart keeps closing above i'm going to say above 180 i think you're you're in good shape okay now another question came up over the weekend could i look at mj mj is the alternative harvest etf cannabis sector nice leg c i almost got i almost said okay let's go for it because the first time there's some news in the pot sector that is really positive but it's still a trade i'm not considering this is the big turn yet but it is a 432 of 38 cents of almost 10 percent the good move i'll be right back dow is up 125 this is a 21 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 keg stats tiger forex report teddy keg stat 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 and he also has weekly coverage of the crude oil market and the 30 year t bonds as they both influence forex markets tremendously when you sign up for the tiger forex report you also gain instant access to teddy 60 minute webinar archive he just hosted forex strategies and fundamentals what is behind the tiger forex report for all the details and to start your 30 day tiger forex report subscription today visit the front page of tfnn.com tfnn educating investors steve road 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 at number two for the year an amazing accomplishment steve roads 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 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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 don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv my folks so let me just do a couple of things say yeah i've moved over to the esz the uh the the december contract in the e-mini so this is very interesting because look at that 200 period moving average look how it was uh resistant support just going through last week uh coming up uh then it became support this is the 10th that was last night look at that held held held then had a big rally went to a peak d in the chaff we've always looking for d's because that's objective is to get to a d you can go higher but d's where you want to look for pulls back nine is still strong nine is still strong right so it goes to an e and then what happens goes pink nine period moving average slips negative and now you in this digestive phase so make sure that the 200 period moving average of 45 18 a little later this morning if it gets tested one more time that's going to that's going to start to impact the market right now you've still got buyers coming in on the depths we'll see what happens i just needed to go through a couple of things here where was there was a question oh could uh so the mj leg c 200 period moving average of 3.95 it's trading at 4.29 i would say that this is this is actually a leg a in the weekly chart those other a's failed the dreaded h pattern kept coming down but that monthly chart just looks so ugly i'm this is a stock it was a 35 a year and a half ago two years ago now it's trading in the single digits it hit 2.83 was it 2.84 2.84 on the 25th of august 2.84 2.84 on august 24th 23 happy birthday gay we're on the 24th okay so what we're looking at here is the weekly chart as a leg leg a yes i think from my standpoint um to have grabbed it three days ago would have been a really nice percentage gain my suspicion is that with this administration um letting loose on different in different areas letting loose maybe that's not the right word is is venturing into areas that had been untouched before because of all sorts of things this might be one that where even politically any administration right now looking at the political scenario would say hey you know maybe we could do something here so that's the way i'm looking at in this particular instance that politically there's a base being formed and i think that base now is between 340 it's at 431 right now it would be between 340 and 322 just others when i say short term i mean over the next two weeks because this should filter through different stocks in the category and since this is one of the most oversold areas yeah taking but you have to treat it as a trade because anything can happen nothing is is foolproof in this area so that's the mj uh fxi was a question oh i never finished all the stuff i want to do fxi i've just said look we've got we've got enough to do with our american exchange if you're trading the fxi the a couple of people use it using options i think that's a better way to do it but if you're trading it i just think of without this it got repelled to the 200 period moving average this is the ishers china logic at etf and is pulling back and if you look at the weekly chart it's basically in the trading band between the 38.2 fib support at about 28.60 and the resistance at it's actually in the it's a quarter of the can i do that yeah around about yeah 70 70 80 percent area in the 30 okay so just just be a little bit careful um now a couple of things i wanted to do oh and the other thing was could i look at gdx sure i can look at gdx so gdx is the one that gave me the clue because it could not get in a 30 round number high about a week and a half ago could not get to the 200 period moving average it's pulled back a little bit but it was in the 30.20s and it came down sharply it's just kind of stuck and look at the pink nine period moving average in the weekly look at the black 14 period moving average it just says for this to have a really good move it needs some kind of it needs a kind of trigger the torque that powers the move up to make a one-to-one from the low that was made in around about 2710 or something was it 2728 yeah 2728 on the 21st of august to 30 and then pull back and a one-to-one to the upside so you would actually have to pierce the 30.30 area to go nicely above the 200 period moving average then i'm going to say to you hey now i think there's something going on but at this particular point as i see it look here's the dollar the x y pulling back quite sharply down 54 ticks say 104.55 that 200 period moving average in the in the daily is very strong the 200 period moving average in the weekly is good that's not great but it's really good naggedy's good stochastic's flat at 90 percent that's nice the monthly chart is still horrible and i said to you for me to become really bullish we are actually bullish from 2018 i had a 19 on the dollar we've had huge moves to the upside we've taken some profits off i've kept this as a kind of an economic barometer for me anyway as far as i'm concerned a close above this high that was made the week of the 10th of march 2023 this year a close even one close above it would be a guarantee for me to say the power that we've seen in the daily chart has made the weekly chart i turned it into a buy signal and that just means there should be a leg d to the upside doesn't guarantee it but it says that's the first time that i've got that kind of an inkling even in the h pattern that goes through an m pattern and then breaks and closes hopefully closes once above that high okay so within this context you look at the usd jpy jpy this is the euro dollar currency pair g slash c still in the daily chart here we go looks slightly higher highs 104 more i hate reading these because it's so difficult 104 147.0.803 147.818 147.874 and now we've got a peak g slash c which almost always not always but almost always and it usually occurs with an instant restart we didn't get an instant restart so this says this is like a brand new a down arrow and an up arrow this is a buy mode that should go to a d i don't have that yet but the daily says there should be at least in the next couple days at least one attempt to sneak in the euro and the usd jpy that's the yen above 147.8874 even 875 does it and it'll be a leg d and that if it's this week we'll continue leg d in the weekly chart if it's next week it'll be a leg e and that monthly chart says this particular pattern invariably goes from the flagpole high of 149 151.9994 back in 2022 straight down goes peak a higher highs higher lows peak b higher highs higher lows leg c very often it'll get to just under right on or just above the previous high and then pull back so that's what we're looking at there the yen is still strong uh the e u r usd usd is trying to rally off a low but the technicals are still very weak i'll be right back guys at 65 giving back a huge chunk of the game uh sd is up 50 the gold report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market the us futures market and the shanghai gold exchange the gold report tom o brian 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 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to risk don't miss out on this opportunity to revolutionize your trading game head over to tfnn.com right now to join the thousands of traders who have already experienced the power of tom o brian's award-winning newsletter market insights firsthand tfnn educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade labu or labd directions daily s and p biotech three times bull and bear etfs visit direction investments dot com slash biotech today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at 8664767523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor foresight fund services llc this program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz hi so doing the currencies uh i showed you that the euro is very weak trying to rally okay as the usd plm this is the polish lucky dollar currency pair we had i think it was steve from poland talking about it yes it's way above the 200 period moving averages at a really big almost a parabolic move just in the daily chart the weekly chart that's a big move but i wouldn't call that parabolic it's starting to stall it's a 4.32 but the stochastics holding steady at 94 the magnies good prices way over the 200 period moving average at 4.2 25 the nine is crossed over the 200 period moving average and the nine is above the 14 so that says the whole area but this was a move that was done on rates it's just not an international war scene or anything like this is just rates so it says to me that this could also give back quite a bit it's got a tremendous amount of resistance to the 4.34 area so at this particular 3.4.35 area i can see this consolidating a little bit here how it handles 420 this week i'll give it the whole week 420 support is going to be it goes back again it's just it's a one-time thing but it looks like it was building steadily and it had the chap we've inside uh look here this is the there we go so there's the instant restart right there so this goes to a brand new peak d and it did and it went to an e so it's getting a little tired um acting pretty well so that's what i'm looking at the other one was usd c ad i heard um there you are made a peak f top in the daily chart i haven't done the week the weekly it's in a leg b but the the canadian dollar your u.s dollar canadian dollar pair it basically is in a sideways range between 1.4 400 and 1.32 at this particular point it's training 1.358 so this could be a bit of a pullback but let's just do this on the uh based on my 2 at 914 so what have we got here we got the us usd c ad usd c ad there is so the 9 is still very strong in the daily the price is coming back yet again there's a big differential between the 9 pre moving average uh and the 14 so for it to go negative you'd have to see a price below 134 135 to 134 in the um us dollar canadian dollar currency pair for that to go negative uh it could happen at any point i do i have other techniques here that tell me this is something serious now i don't because i don't have volume on this so that's that's that's kind of difficult to say but uh i definitely this low that was made back on the first of september of 1.3448 1 1.348 that's going to be key in the very near term looking at the um look at this you've got that's not a dot from my arch formation that is a price point right there and this is just saying that the yields and this is what i think the market is actually starting to say you know we hear all this talk about yields are going to come down actually yields are holding towards the high point and if you look at the t and x the tenure if it goes above this high of three days ago or 43.08 it just has to go to 43.09 and that starts a great leg b but if it starts to trade above the high that was made in the 22nd of 43.62 that changes the weekly chart the weekly chart says you know i kind of there's an instant restart here on this day that means at peak d within three bars you went to a new high you can have a parallel count that'll be f slash b and it'll be an e extension in the in the monthly chart and now it's starting to go towards the upper end and that's where i i would say to you that the now we're talking 10 year we're not talking about 20 year but look at this hgx holding it's up today $7.80 cents of 554.78 i mean really there are all the things that you think that shouldn't happen happening philadelphia housing sector index had an all-time high just recently i should have typed in in a 540 oops did i say 540 it should be 575.82 uh 5 75.02 on the 26 okay let's put that in 5 75.02 or two or eight or something like that um and here we are at 554 20 points no it's only two percent lower and after all the news and everything and i have an alternate count but i i wouldn't be surprised if this is really a peak c and look at this pattern this is a different kind of a pen and pattern this is the triangle that comes to a narrow appointed close and what happens in this particular pattern now if anybody tells you there's a rule to this pattern i'm going to say to you ha i've followed this pattern long enough to tell you there is a rule and the rule is that one of these trend lines is going to be taken out great anybody could say that but the rule of thumb is that if it takes out to the upside then that left side high this is almost like um actually let me do this way because this is the way that for subscribers to my opening call and people who've done my workshops etc know very well this is the falling axe formation a close a push below below the two the 14 period moving average of 541 says uh oh it's an h pattern dreaded h could test the left side low a break to i prefer my patterns because in this particular instance is so clear the nine is over the 14 the price is just over the nine the mac these weeks to castics week um it says that the nine is holding everything up but there's enough strength in the nine the weekly chart to say don't dismiss it because it's got tremendous support is it five 55.08 right now five uh the green line is right there and that is five 49.32 is is is great support look at the data the data says what are you talking about i've already done the arch formation and held okay it's a bit of a balance could make another arch formation this is the housing Philadelphia housing index uh the sector index i this should be way down if interest rates are so debilitating and i think at some point that oh if you look at the tlt look at this the tlt coming down to the 91 85 92 23 these are the two levels october 22 and uh this past month september uh august of 2023 and the h pattern of the monthly chart says oh man i don't know what's going to stop it from retesting that low so that should be a worry and yet look at toll brothers a move what a move today i did i said subscribe we're not going to short this oh yeah we would choose one of the weaker ones maybe a bzh it's it's uh only up 28 cents a day but you want to go for the weakest in a strong sector if you're going to do any shorting um this is so different to anything we're looking at look gold is trying to rally right now it's up three almost four dollars the dollar proportionately so the gold is down 0.2 percent gold is down the dollar is down almost 0.6 percent and yet gold is not responding the way it should so there are no there are no hard and fast rules in this game at least for the last three even maybe six months things are things are different so with that said i am looking at the dollar digesting gains um i see another balance in the dollar whether it makes a new recovery high i'm not sure but if the dollar pulls back sharpie tomorrow that's the game that if the sp just try to gain some strength if the sp shows no strength i have to cut the time i'll be back talking about tides tides of fan 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 basal chapman creator of the trading methodology known as the chapman wave the chapman wave up down sequence 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things today so what i want you to do the right now is this um i had some of the questions that were coming in and i'll deal with it tomorrow the question was lilies fantastic is this a buy should what am i due to get in well i did this on my webinar over the weekend i said some of these stocks have had such spectacular moves but within the same industry some stocks are making highs all-time highs and others are failing and just i went through three stocks in almost every category i could think of and you've got that happening uh where this broke is it doesn't matter what is i b k r is up at highs and and uh swab is down at the bottom so illy lily i i'll talk about tomorrow i said right now the risk reward is it's a great company and great products coming online how do you get into it i'll talk about that the way i would look at it um i thought about it a lot because for a long-term portfolio yes getting it doesn't matter you get in 595 if this thing's going to 800 no even if it pulls back but i want to be do as constructive as possible so let me just do this before we finish i want to show you something very interesting here so smh is the question came in so this morning we missed the smh is we are sure it's still from just about the all-time high two points of the all-time high but the sox s we want you to buy this morning that's three times short we've had the great greats and that before missed it by a couple of cents and one of the reasons is because this gap in the estimators and i think today should see the s the nine-grade moving average cross under the 14th and it's pink the days yet let's see for holes this is a problem systems the pocket is under your have a wonderful day