 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Toll free at 1-877-927-6648 or internationally at 727-445-1044. Now, Larry Pezzavento. OK, looking good, Billy Ray, feeling good, Louis. We're going to take a look at this footsie this morning. You can see here that we're making a little bit of an ABCD pattern. Quite interesting. I don't trade the footsie, but it's interesting to watch it in relation to the pound. But if we take a look at the DAX, you'll see that it is even clearer. It's got a beautiful pattern. Let's get it up here. You see this morning we came down and we completed a beautiful ABCD. That was from the high that we made back on April the 4th. I rallied back to a 61% retracement on the 9th, came down here in one day. We've had a pretty good rally. Now, what's interesting now, folks, is if you look at this DAX chart very closely, you'll notice that that BC swing that led to the D point down there at 11,850, we're making the same type of a rally now. And that makes it a 135 pattern, which is a bearish pattern, not a bullish pattern. So let's remember that because if the prices are going down, it's a downtrend and if prices are going up, it's an uptrend. The key to learning what the trend is is you have to find out what the timeframe is that you're looking at because, you know, a five minute trend is different than an hourly trend. Hourly trend is different than the daily, the daily different than the weekly. So if you've got lower tops and lower bottoms, you have a downtrend. If you have higher bottoms and higher tops, you have an uptrend. That's basically the definition of what a uptrend is. You have to know what timeframe you're talking about has nothing to do with the 200 day moving average or crossing of the 400 day moving average. It determines whether you've got higher bottoms or not. That's from the words of Harold McKinn, Lee Gartley from 1937. So just remember that. I think it's something to always keep a really clear, clear head about. Now, we've had one market that we've been following closely overseas that is very important for my perspective, because it's the Hong Kong market and we have many. Oh, my gosh, it's snowing there, Peter already in the middle of April. Shut the front door and raise the rent. Oh, my goodness. We've got a wind chill factor here in Tucson of about 78 today. We actually hit a high yesterday of 92, but we're cooling off about 18 degrees today. It's supposed to have some rain coming in a few days. Let's take a look here at this Hang Seng index, folks, going over the last 18 months. You'll notice that 61 percent retracement that we just made, that came in at 30,100 and changed. We hit that yesterday. We're now trading a little bit lower than that right now. That's very important, folks, because if you remember the chart on the weekly crude oil, that's the exact same pattern that we had on the crude oil. I mean, I don't know if they have anything to do with each other, but that's pretty much what we're watching here. So sort of pay attention to that. I don't know what it's going to mean, but it's a very, very interesting one to watch. I don't think I have it ready to know. I don't have it for that on the long-term chart, showing that high that we made $77 a barrel, but that's neither here nor there. So, okay, Mr. Z is asking if in the banking index, let's take a quick look at it, Mr. Z. I always like that banking index. If you'll notice here, we had this little rally. In fact, I pointed this out in the newsletter weekend. We had this nice little 10-day rally. You see stopping right at the 61% retracement. We came off of that pretty good, so that tells us that that's a pretty substantial rally after 10 days. You made a 61% retracement, and now we're starting to move down. So if it gets above that high that we made on Monday, then that would tell us that we're going to go higher, but right now it's in a downtrend, and it still looks lower. So these bank stocks, folks, do not look good. You know, if they ever go below those long-term numbers that we talked about, I don't think they can. Well, they could, of course, but that was a big number that we had out there on December the 26th when everything lined up. This is an important correction that we're having here in the stock market from my perspective, and I guess from everybody's perspective, because there's still a possibility that this could have just been another rally back high. We don't know that. We're going to find out if we have a really strong day, either up or down, that would give us some indication, but right now we're just having a short-term, you know, Pat, that's what I base this short on. Sunday night was the fact that all of those patterns that we were looking at, you know, we're lining up. Here, you can see they haven't gone anywhere. Just look at, here's the E-mini S&P. Look at this. Here's your three drives to a top pattern there, 28, 98. The high was, I believe, 29.01 or 29, within a point of that, and the only thing we've done now is we backed off to 28.82. We backed off for 15 handles. That's nothing. That's nothing. You've got to get it below 28.50 to even say that this is correction, you know? So that's all we're, you know, just have to... Hey, when you put a trade on, you don't know what's going to happen. You don't. Nobody knows that. You don't know if you're going to make any money on it. You don't know how much money you're going to make. That goes back to those four fears we always talk about. They're silly because most of them are on things you can't control, and you can't control it. The only thing you can control when you put something on is how much you risk. And then you just pray to the trading gods that you get more right than wrong and, you know, see how the chips fall. But that's all you can do. I'm a technician, folks. I don't look at this stuff internally. I got an email this morning from somebody who's really smart telling me about how the Russians and the Chinese are controlling the gold market and getting ready to run up. Well, if they're controlling it, they're doing a very bad job, in my opinion, because gold has not really gone anywhere. But that's neither here nor there. So we'll see. We'll keep an eye on some of these other markets for you. But the dollar index is still the main focus, from my opinion, excuse me. And along with the euro, the euro got up to that 11290 on a fast tick this morning. And now it's back down again. I still think that dollar index has got legs to get to the upside because that head and shoulders pattern has certainly been broken out to the upside. The euro hasn't broken down. It needs to break below 111.65. If it does that and if it does that, then you're going to start to see a market that will probably start moving to the downside. And I'll put this chart up so you can folks take a look at it. Get below that. The thing is that once we made that low the other day last Wednesday at 111.85, the only thing we were able to do was rally 100 pips. That was a 38% retracement to the penny. That came in at 112.85. I think we have 112.87 this morning on that report. And that was if that's a five day rally in the euro folks, that is not very good. I mean, that is just a very, very negative situation in the euro and that will probably affect a whole lot of things is what I'm looking at. So we'll have to have to wait and see. We've got a break coming up here. And then I want to chat a little bit about the old favorite commodity of Arthur Cutton back in the 1930s. Anybody can tell me what it is? Windsor Prize, Arthur Cutton, 1938, tried the corner of the market, didn't do very well. We'll be right back folks. 877-927-6648, I believe. The Taz Profile Scanner is the most revolutionary piece of trading software that you will ever try. Wouldn't you like to approach the markets with confidence? As you begin your trading day, it's likely that you'll be faced with lots of decisions in order to make the best decision. The first thing you'll need is a strategy that will help you minimize your risks. Whether we're in a bull or bear market, a good strategy is to have the tools needed to help you scan and analyze the markets before you trade. The Taz Profile Scanner instantly scans and filters over 2,500 global financial markets, such as stocks, ETFs, commodity futures, and forex. Headed by Steve Dahl, president of Taz Market Profile, the Taz Profile Scanner understands that in today's technological world, the use of top-flight software applications, automated trading algorithms, and technical analysis expertise is essential to successful trading in today's market. Whether you're looking at the trade matrix, the ETF peak grid, the market breadth, the landscape charts, or the many other features of the Taz Profile Scanner, this is a piece of software that will revolutionize how you look at the markets and set up your trades. The team at Taz has even put together a 12-part video series to walk you through every aspect of the Taz Profile Scanner, which you can find directly on the Taz Order page at tfnn.com. Sign up now for only $97 a month with a risk-free 30-day trial so you have nothing to lose and everything to gain. See for yourself how you can harness the full power of the Taz Profile Scanner by visiting the front page of tfnn.com today, and you'll find the Taz Profile Scanner under the services section. Remember, with a 30-day money-back guarantee, you have nothing to lose. Don't let another day pass you by without trying out this amazing piece of software that will revolutionize how you look at the market and how you place trades. Sign up today. Many of our new listeners have heard about the Tigers Den. The Tigers Den 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 Tigers Den 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 Tigers Den are 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. Oh toll free at 1-877-927-6648 internationally at 727-873-7618. Okay, folks, I posted the chart of the weekly crude oil. I wanted to show you the pattern that is there. You'll notice that little yellow three drive pattern that we had that comes in exactly at the 61% retracement at $77. It's actually drawn wrong here from the high You'll notice a low on the bottom down there on the 16th is not set correctly. That's because I did it wrong this morning, but it does come in exactly at 77. And now we're setting, as you can see, at this 61% retracement at 6435. So we want to look to find a place to to go short crude oil. I've tried it once and gave him my 40 pips. I'm going to try it again pretty soon, but we'll have to wait and see what's going to happen here in the next few hours. And then I'll look at it again. A lot of things are happening on an astrological basis here on the 10th. I look at the number of aspects that are happening. I don't understand all of them. I know that this is just going to be a pretty exciting day when you go back to mark your charts in the next few days. That would be my guess. Now let's just switch over here for a minute and talk about the wheat market because we're at a real critical level here in the wheat. Let's get this up here so you folks can take a look at it. This is, yes, I'm going to talk about that, Bob, about the fact that the corn had really bad numbers and it rallied strongly. That was going to be my next thing. But I wanted to show the wheat because it's actually, since March the 11th, it's actually been acting better than any of the other grains. And we also are coming down out to a near 78 percent retracement. But look at the sign waves on the bottom, folks. They've been pretty good. Three of the last five have been spot on and we've got one today. So with all those astral things that are happening, you might want to take a look at the wheat. If you look at it closely, you notice that we made the high on that new moon of April the 5th. That was when it matched the high from the 25th of March. And now we're in this area where just a lot of things happening today on the 10th of April. So we'll watch it very, very close. Now, tomorrow is a big astrological day because it's Rich Anderson's birthday. But we've already wished him a happy birthday, so we don't have to worry. But watch this wheat. It's got a, we're in an area where you want to be looking and we're down, we're actually down four days. We're equaling almost the rally, the sell-off that we have between the 26th and the 29th. That three-day correction now between the 4th and the 10th. So very interesting. I don't know if it's going to work or not, but it's very interesting how it lines up with repetition. And those are, you know, some of the things that we're talking about here when we're looking at some of these things. Okay. Well, who knows about a lot? I tell you these stuff with the with the election stuff, it drives me crazy. I want to bring up this chart here of the gold because we've had a nice rally here. And this is the daily. We did get up to that 1312 or 1311 and change. That was a 61% retracement of the sea leg. I still think we're heading down to this level here of around 1264, whether we're going to get there or not. I'm not sure, but it looks like it still has a chance. That's going to be a real interesting spot, folks, because that will be the first major ABCD correction since the bottom came in at 1168. And we know that 1168 was important because that was the 78% retracement of the low that we made back from 2016. So we want to watch this one really closely here. Should we get the gold down to that 1264 level? I know that there's a lot of information coming to you on the internet that you get a fundamental stuff about how the Chinese and the Russians are accumulating gold. Well, they might be, but I'll tell you, you know, I just follow the chart. So, you know, it just looks like the first ABCD pattern down there at that 1264 would be a real interesting spot to get along between 1264 and 1258. If we get there, I don't know if we're going to get there or not, but that's what's happening. If we do get above 1328, then we're going to go a whole lot higher because that's got a really chance to do it. You know, from the upside. Now remember, we talked about the platinum the other day because platinum went up and made that, in fact, it got to, it went about $3 higher on Sunday night when it completed the three drive pattern, but we've went up to, we got as high as I believe 19.20 an ounce and we're now down below 19. We're trading around $8.95. Folks, watch platinum at 888 because if platinum could only back off to 888, it's trading around $8.95 right now. That'll be very, very important. It's one of those times that it's got to hold that exact number. And when you're trading something that is trading at, you know, $900 and you're going to buy it at 888 and you only have to risk like 200 bucks on it. That's an ideal situation because, you know, you don't know if that 888's going to hold, but boy, it's got a lot of numbers holding it up. So whether that's going to be the case or not, I don't know, but platinum has a chance to be very, very bullish if it doesn't give all this stuff up that it's made. And if it gives it start to give it back up, then that's a lot difference. It was just, you know, topping a lot later than we had in the gold market. But you know, these are things that we have to look at on a day-to-day basis because we don't know what's going to happen. The frustrating one for me is silver. If you remember, we were looking for the buy to come in on silver last Thursday or Friday, which in fact, we got that come in, but we've only been as high as I believe 1530 or something. We really couldn't even make a, you know, much of a dent at all. We couldn't even make the rally that we made between the 4th and the 18th yet. So it's still early, but that's what it's looking like. But whether it's going to happen or not, I don't know, but you know the best part of this, folks, is nobody else does either. Now, last night, we had something interesting happen when the crude oil went up and made a 61% retracement last night. We were watching the AI program and it had a pretty good top in there. The market only backed off about 30 or 40 pips, really not very much, but we are watching for a potential top in this crude oil because if it can hold, it's not to get much above that 6480, which has been the high so far, it still has a chance because as I pointed out on that weekly crude oil chart that's making 61% retracement and Vladimir Putin said yesterday he was quite pleased with the price of oil. Well, good for good old Vladimir. I guess he's doing okay with his long position. But anyway, that's what we're keeping an eye on. So pay attention to it, whether it's going to work or not. I'm not sure, but you know what? Nobody else does either. I did want to bring to your attention one that was very important that we talked about yesterday. It's had a little bit of a sell off yesterday, and that was the footsie. We did get up there to that ABCD pattern pretty much spot on. Then we had the sell off now. It's bouncing back a little bit still a little early. We don't know what's going to happen. But like I always say, nobody else does either. So pay a little bit of attention to it. I think it's relative important. One of the things we haven't talked here for a very long time, we'll talk about it when we get back from the break. It's related to the stock market. And we'll talk about it. But it's called the VIX index for volatility. Let's get this up here and take a look at it. We're trading it around 12 and change. So we'll watch it a little closer here to see what's going on here. We're going to have a break time coming up, I believe. And then we'll be back. No guests today. You've got me for the whole hour. If you want to help out and if you want to help out, ask a question. Call in 877-927-6648. 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, 6 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's 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 newsletter. 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 Lease 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 Lease 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 trader's methodology. Using this first of its kind program, The Art of Timing the Trade Charts allows you to scan thousands of stocks for Fibonacci formation setups, including Gartleys, ABCs, Butterflies, and much more. The Art of Timing the Trade Charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade Charts today by visiting tfnn.com. 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. OK, folks. I posted the chart of the VIX index. You can see it's making a small three-drive to a bottom pattern here. The interesting part is that it's trading it around almost 13. And back in the old days when the market was only around $24,000 in the Dow, it was trading around $9,000. So people are taking some protection as they look at some of these things going through. Now, I wanted to bring to your attention the chart of the gold market. Let's try it, Larry. It's the same color, but a little different. This is the corn market, folks. We had a very, very negative report in corn yesterday on the crop side. Rich Anderson was even surprised about it, but look at the price action. You'll notice the double bottom that we had there at $385. It went down and touched that same bottom and then immediately rallied $0.07. That's hard to believe that it was able to do that. That's a possibility that there might be a situation here in corn where we're very, very oversold and we might get some more of a rally. So just keep in mind that these markets react differently all the time, but that was very, very surprising to a whole lot of people that the fact that the corn could rally given the fact that the report was so very various. But this thing is very, very oversold. You know what you're looking at right now. If you look at it really closely, going back to last July, down there at 384, go to September, 384, go to March. It was 386. It was late March, 384. Yesterday, 384. There's a lot of support in corn at 384 and the new corn. And this hasn't been planted yet. And it probably will be a while because it's so darn wet and cold in some of that stuff. I don't know, Bob, if the action was short covering or not. I looked at the open interest and I didn't see any indication of that. But I will double check that again to see if it was short cover. I'm sure some of it was. But there also might have been some new buying coming in. I don't know. Corn's a very great, great trading vehicle for new traders, folks. It trades very well, technically, really hard to get in trouble unless it's due to a crop report or a weather pattern. And usually, you don't want to get involved in those unless you're a professional. But it's really good to trade because the margin is very small. You can't hurt yourself usually. And it's a huge market. It's our largest crop here in the United States. And so many people are involved in it. So it's really a really great thing to trade. I mean, I think the euro is by far the best thing to trade. But by golly, it's not for the faint of heart sometimes. So we'll see here. Mr. Z is asking me if I'm bearish gold short term. Define short term, Mr. Z. If you mean the next day or two, yes, I am still bearish. If we get above 1313, I have to say, hmm, might be wrong here. But I shorted at 1311. And I think that it's still got a chance to go a little bit lower. But we'll have to wait and see. And I'm basically, you know, I'm just basing it on the charts, too. I don't know anything about the reports or any of the things like that. So if you'll bear with me here one second, folks, I have to check something because an alert is going off. And I wanted to be sure that I'm very, very close to some of these things to see what we're doing here. Let's just move this over just a little bit here. Oh, boy, I miss it by home. I always have to wait and see. OK, Treasury bonds. We're up around 148.08. We held that level that we talked about. It made a 3.8, excuse me, a 61% retracement at the 147.16 level. Then we've rallied now almost three quarters of a point. That tells us that we're probably getting close to a pretty good move. And if we get up much above that 149.12, that's the area where I really like to be looking to sell the Treasury bonds. Because I think our little rally is running out of steam here. And I'd like to be able to see it get to an area which is tradable around that 149.12 level I think would be interesting to take a look at. But we'll have to wait and see. It's just a little bit, little too early yet to do too much about that. OK, one of the questions that someone's asked me is if they had to just pick two rules of all the rules that I talk about. And I have about 10 of them, I guess. But if they asked me to do two rules, the two rules that you probably should do is one is never, never, never add to a losing position. When you hear people that are averaging down, that's a suicide thing. Any of the books that you read about it, it's just not any good at all. And the second one is know yourself. I mean, you really have to understand what's going on inside your head. Because this business, folks, is 85% mental. It really is. And if you're really tired or if you're taking medication and some of that medication might come in a bottle, you know, you've got to be very, very careful because that clouds your thinking and you want to be as fresh and as possibly as bright as you can be, especially on days when you're trading. And that's the main thing. One other question that came up that I have an answer for, but you probably, you probably don't want to hear it. But there is a signal that I've learned over the years that is 100%. And I got it from Larry Williams. And it doesn't really have too much to do with what we have now. It's called the, the telephone indicator, no, the calculator. It's called the calculator indicator. When you're in a position and you go to calculate how much money you're making, bingo, your, your greed index just hit tilt. So if you go back and look, but every time you reach for the calculator to find out how much money you're making before you finish turning that calculator off, go to the telephone or go to the computer and get out of that position because that is it. That's your greed indicator, you know, hitting the tilt button and you certainly want to get out of that. I mean, that's really a that that's the one that saved me, you know, back in 1976, when I was long all that corn and oil and stuff, soybean oil. And I was, you know, I was hearing all the stuff from the Reuters that the only soybeans available would be in the Smithsonian Institute. And, you know, I mean, you hear that stuff. And, you know, I said, oh, this is, you know, you have to be careful. But anyway, that's really the main thing to look at. Anyway, those are just some of the things that we were talking about here this morning. Now, if you wanted to call in today and ask any questions, we don't have any guests. I was hoping to have Stan Harley, but Stan was busy today. I'm going to do my best to have him on tomorrow. But the number here is 877-927-6648. I don't know what corn is doing this morning. But I imagine it's probably still in that little tight trading range that we've been watching for for some time. So keep a keep a close eye on that to to watch it because with various news and the market going up, that is a that's a big, big green sign folks because that that's it. Buy them when you're crying and sell them when you're yelling, David, that's absolutely correct. Those they have they have badges on the floor at that time that Jack Carl, a big hog trader, a little bad said is basically said the same thing. Buy them when they're crying and sell them when they're yelling. And that's that's a truth. And one of the things hold on one second. Oh, yeah, that's true. Jose, they do show everything now on what your positions are. And that actually is a bad thing. I prefer I don't even look at that. Don't look at how much money you're making folks. That's a that's a sign that the greed index is starting to you can look if you're losing, but don't look if you're winning because take care of your losses. The profits will take care of themselves. Trust me on that one. Hey, we got a break. Thank you for the break. 877-927-6648. 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. Petersburg, Florida. The Tax Act of 2018 set up tax-free zones across the country where you can build and hold for 10 years and pay no tax on the profits, which makes these lots valuable. The investment is anywhere from 30,000 to 75,000. The interest paid is 7% yearly paid on a monthly basis. According to bankrate.com, the best rate for a four-year CD in the country as of February 20th is 3.1%. A $50,000 investment at a normal four-year CD rate of 3.1% would give you income of $1,550 per year, or $6,200 over the four-year period. That same $50,000 investment in the Tiger First Mortgage Program would give you $3,500 per year, or $14,000 over the four years. What should you prefer? $6,200 or $14,000 of interest on your investment. 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. It's amazing to think that Tom O'Brien started his weekly Gold Report 17 years ago, with the first issue published April 7th, 2002, when Gold was trading at under $300 per ounce. Gold peaked at more than $1,900 in 2011, and after spending many years consolidating at lower prices, Gold may be poised for its next big run. Tom O'Brien publishes his weekly Gold Report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. As of April 1st of this year, the Gold Report currently has eight active positions with an average unrealized profit of almost 8% for each open trade. New subscribers get a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your Gold Report subscription today, visit the front page of TFNN.com. Don't let Gold's next big run pass you by. Sign up today. Will the S&P 500 continue to climb? For bold trades on US large-cap stocks in either direction, trade SPXL, SPUU, or SPXS. Directions daily, S&P 500, bull and bear, leveraged ETFs. Direction leveraged ETFs. An investor should carefully consider a fund's investment objective, risks, charges, and expenses before investing. A fund's prospectus and summary prospectus contain this and other information about direction shares. To obtain a fund's prospectus and summary prospectus, call 866-476-7523 or visit directioninvestments.com. A fund's 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, binary option hour. Next on TFNN. OK, we're back, folks. And we had a caller who was asking about big steel. And I wanted to show you the chart on this. We're at a very important spot here on big steel right now. It's $17 a share. That's US Steel, folks. It's US Steel. And that's what we're watching here. So that's pretty much what we're paying attention to. Folks, if you're listening and you please don't Skype message me if you're listening because it takes my train of thought completely off the ballpark. So try not to send a Skype message to me. I know a lot of you. I know personally. But I prefer to take care of that a little bit later. All right, let's take a look here at US Steel on a longer timeframe. It means a lot to me because if you look way back there in 2000 when it was trading at around $11 a share, my grandson was born on August the 14th of the year 2000. And I started buying gold for him that same year. I would buy one or two ounces for him every so often. But I did buy US Steel. And that turned out to be a really big move. We got out of it long before the top. But he was able to put a few shekels in his bank account and to go to college. And yet he's doing pretty well. He's a smart little boy. Anyway, where we are with the US Steel now we're sitting right at a retracement level. It's very oversold market. We've been down since early 2018. So I think it's got a chance here if it's going to hold. We're not going to run out of steel but we're going to use a lot of it. So Victor, are you on the line now? Yeah, I was just wondering is it at the same price it was before he got elected because I think that elected my man was going to have to deal? No, no, no. No, no, Steel was trading around $12 a share when the election happened in November of 2016. So it's still substantially above that. Could this be another Bethlehem Steel? Oh, boy, those are questions I can't answer for two reasons. One, I don't trade stocks and I don't even remember what happened to Bethlehem Steel. I think did it went under, didn't it? Yeah, that's why this company is leading with debt. It's like that other stock. Yeah, no, I don't. I just look at the chart and if you're going to buy it here. Well, we're in major support. I don't look at the volume either. I'm just telling you this got a lot of support at 17 bucks a share. You know, we're right at a 78 per 61% retracement of the move from 2016. So what do you normally do after a 61% retracement in your career? It goes up or down or like, where does it go next? Well, it's a, you know, you got a better than two-thirds chance and it's going to rally from there. But again, it's a two-thirds chance you could lose and that's why you want to risk on a $17 stock. The most you want to risk is about a dollar at the very most. And that's, you know, that's 8%. So, you know, if it gets below 17, I would be, I would be out of that stock. I wouldn't. I wouldn't want to do with it. These weird Wall-E ones, they have to be delta-neutral, right? Because next week. Yeah, that gets into the options. And if you learn to do options, you'll make a lot of money because you're selling something. Yeah, that's correct. It's absolutely correct. We need to think Apple's going, is it going to retrace or keep on going up? It did like a .91 expansion. I just don't get that stuck. Well, Apple is a marketing company and it's rallied up to a little above the 61% retracement. But I still think that, you know, Apple could make a new high, but it could turn from here and absolutely go lower. So, I don't know what it's doing from here. I really don't know. It came out with bad ratings and why wouldn't Apple come down with anything different there? It was a bad company six months ago. You know, Warren Buffett said to buy it in August when it was 213. I'm sure he was dumping it then when he was on TV. Now, whatever he said, due to opposite, because he's a manipulator of the markets. He knows how to use the press. There's no question about that. I, he certainly does. Well, listen, thank you for calling in, Victor, appreciate it. Okay, folks, let's take a look here at Apple just for the fun of it since we've been watching it. I think we got up to 200 bucks if I'm not mistaken and the high was, let's see what this is. Give me one second here and I'll have the old Apple up. There we go. We'll post it into the room here and see how close we got to that. We went a little above the 61% retracement. Let's just get it up here so the folks can take a look at it. And we did make it. That came in at around 61, came in right where it's trading right now. 199 and change. We hit as high as 20285 yesterday. So that might be a very important thing to pay attention to. We've got the bonds moving up. Now we've taken out those highs of the last few days. And that's one of the things that we wanna be watching very, very closely. Hey, we've got something that's gonna be real interesting here. We just heard from our good friend, Shane and he's going to share with us one of the things that he's looking at. Give me one second here. This is his planetary index. It's worked relatively well. And just give me a second and we'll get up here to take a look at it. And it looks like it matches up with what Bill Meridian's saying that there's a positive bias in some of these things. And it looks like we're gonna go up into about April the 17th is what it looks like. So I really like this planetary index that he's done, folks. He does a super job. You can see the load that it made back on March, the seventh spot on the high that came in on the 20th. That's when we had the full moon. And look where we are now and we're gonna have another full moon coming out here on the 17th of, I don't know when that's in later on that comes in at the 19th of April. We have the full moon again. So it's gonna be interesting. Shane, thanks a lot for sending that in. I really miss you. I hope you can come on some day and chat with us because you've always brought us some great stuff. But this planetary index is really interesting. We did a super job on that. And we certainly appreciate it. Everybody's giving you accolades here in the den. I know you can't hear that sound of one hand clapping, but believe me, it's there. So let's keep an eye on it. Okay, thank you so much. We really appreciate it. We got, someone's asked a question about Uber, folks. I don't really do anything in stocks. You should ask Basil and Steve Rhodes and stuff because I really don't doing that. We'll see basically what we're watching. So well, hopefully we'll have Shane on as a guest because he's such a really nice guy. He's got such beautiful children. And Shane, I'm really proud of you, buddy. I always knew when you came out to visit me many years ago, how successful you were going to be, but you even stretched my imagination. So keep up the good work, my friend, and stay humble. Stay humble and carry a big stick, as they say. All right, let's talk a little bit about that Uber. I don't know anything about the stocks. All I know, if you're looking at these things, look at the patterns. You'll see Lift. Lift has hit these numbers that we look at. Watch the ABCD. I believe the ABCD structure in Lift is gonna take it to about 62. Those of you that follow ABCD, that's what you wanna be watching. Let's just pull it up here just for a second because I watched it just to see how it handles the, I haven't looked at it since the day that it came out, but let's look at it together here to see if I'm, we'll put a hourly chart up because it's been several days. And we should be, you know, here it is. You'll be able to see the ABCD structure that I'm talking about here. Hold on just a minute. We'll get it right here. Let me put the ratios in so we can see it together. Okay, I went a little above the, yeah, there we go, and we'll get this. And if you wanna really understand this, go back and look what happened to Facebook. I mean, Facebook came out to 52. It was a buy on an ABCD at 26. You know, I'm gonna post the lift for you and we'll take a chat about it when we're coming 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 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 me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, six and three months. Timer Digest also ranks me as the 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 at what I do. Sign up for Mastering Probability today by clicking on the newsletter tab on the homepage 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 too. Sign up today. If you haven't checked out the newsletters page of TFNN.com, 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 that 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. While 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 in 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 advises 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 it anytime during that trial and pay absolutely nothing. Get your two week free trial to Basil's newsletter of 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. All right we're back folks and keep an eye on this treasury bond market folks because we've got up to 148.12 so far at 148.14. We're looking for a target to go short somewhere above 149 that won't be till tomorrow or maybe even later. We don't know but we'll have to wait and see. I think we've made a major top and that bonds at 150.20. That was a 61% retracement and so I'll pay close attention to it. Regarding the, one sec, regarding the market for the crude oil we still haven't triggered a short in that but we're getting very, very close. And we're not sure when it's gonna happen but we're watching it closely. We'll let you know by the videos that we send out each day. Now tomorrow with any luck at all I'm gonna have Stan Harley as a guest. I couldn't get him today so I hope we'll have him on for tomorrow. And that'll be something that we wanna pay attention to. We've got a lot of cycles happening today folks. Those of you that have your ephemeris at home there's just a whole lot of things that are occurring especially we have a Venus conjunct, Venus conjunct Neptune which is related to oil. That's one of the things that we're watching. We also have a Sun squared Saturn which is one for soybeans. We're looking for a pretty good move in soybeans. So and also the wheat. We're watching all of those are related to that move. So we're keeping a really close eye on them as we look through. So the stocks we've sold off quite a bit. There's a big 233 week, 144 week cycles that come due at that time that's one of the reasons why we wanna have Stan Harley on. That happened on Friday and whether that's gonna be anything or not I don't know but we did sell off a few hundred points in the Dow which when you're going straight up a few hundred points is quite a bit. If you're in that trade put your stop at break even and stop looking at it because it may or may not work we don't know so keep a close eye. 877-927-6648.