 Come on, man, it's the Basel Chapman as we do each and every Tuesday at 20 past the hour. And don't forget, folks, Basel does an outstanding show here every trading day, 10 to 11 Eastern standard time. Also, it has a great newsletter, the opening call. Now, it's very easy to get the opening call, folks, from over to our new website at TFNN. You're going to newsletters, you're going to see it right on the left-hand side and just hit subscribe. You can get the opening call for one month for $149. You get it for six months for $695, which is a savings of $199 at 22%, and you can get it for one full year for $1195, which is a savings of $593 or 33%. Now, what happens is that it comes to the 30-day money-back guarantee, folks. So you can keep it for 29 days, works for you, awesome. It doesn't work for some reason. You can just let us know, we'll give you the money back. And when you get Basel's newsletter, he has approximately 10 to 12 archives out there so you'll really understand how he looks at the market, how to ride that wave. Basel Chapman, what's going on? Hi, Tom. Well, looking at waves, you can see the different waves that we have in the Dow. Look at this data chart we made in the chapter. We made a peak effort, 34,281 on the 16th of August. We're pulled back, held the 200-period moving average on the left-side chart, the yellowish-orange line, bounced a little bit. That's where we went short via the DOG. And we remained short because that for us is an intermediate term position. On the very near term, we've been trying at least almost every day to buy the diamonds on a pullback. And actually each time, they've given a nice little bounce, and then they've taken us out and they've gone to lower lows. We did the same thing today. It had a really strong, it had a five-point move up from when we got in. We raised the stop, so we out for a little bit of a profit. But really, the idea was that in this H pattern, and let me just show you something here for those of you who need to my work, and I'll do a little bit more in my show, the Tiger Technicians Hour at 10 a.m. tomorrow, I'll show some of these charts with these straight line up moves, the cup and the arch formation, and what happens when you have a combination of the two, in this case red, because if at a peak A or a B, the first or second peak, it starts to roll over. Most of the time, it'll test the left side low. If it breaks that low, you have to do an assessment. And look what happened right yet, that peak A minus, that was way back in August. It made a little H pattern. I call them the dreaded H. It looks like an H and took it out and went sliding sharply lower. It did the same thing. Early September, it ran up to an A and then failed A minus. When zipping down, couldn't hold the Chevrolet Insight Track support level right there. And now we've done the same thing. And what I was saying in my show today is that in this particular move, the third or fourth bars to the downside is where you get this tremendous acceleration. So the fact that we had this spike to the nine-period moving average, this little pink line right here was really important because if we didn't have that, and then we had the sell-off, we would have had that extension that says very quickly in the art formation, if it starts to cascade lower, it'll go straight down and test that left side low, which is at dow 28,715. So far, we've held it, trying to come back. Now the dow is up three, it was up over 300 points earlier on. It went down sharply moments ago and now it's trying to come back. So what I thought I would do right now is I'll explain just in the basis of what I'm always looking at, what would constitute a nice turn to the upside, one that generates some momentum, rather than these two, three, four-day balances and then it fails, something that can last a little longer. So within that context, you can see the mag D, that's these two lines right here, the moving average convergence divergence. It's cross positive and as hell, that means the 0% line has gone above 0 instead of being negative. So that's one important factor. The stochastic is above the 20% level, it's at 35, that's just okay, but it is having a very good divergence from the low that was made at 28,715. And this little pink line, if you can see it right there, that's the line period moving average. The black line is the 14 period moving average. And look what happened when they crossed negative right there on that big plunge, that was August or was it 22nd or was it the 26th? Yes. That's where it turned pink and it hasn't turned green yet. So for me, it's really important to get more of a sustained move. In other words, you can have the torque, the kind of pull off from the first and second gear from the bottom, but you've got to get the momentum and the mag D gives a momentum. And then the confirmation for me is the nine period turns green because it goes over the 14 period moving average. We're still very far and that would say that you have to get to this jab with inside track repellents and these green and purple lines, little mini channel on the downside and that you have to get above that. And that's going to take a lot of effort. And if we can do it, say by end of next week, we're actually trading about 30,500 in the DAW. That'll be the first time that we've seen some kind of upside turnaround that can generate more time and price. And you can see the same thing in the weekly chart and talking about those channels. You remember last week, we were talking about the volatility index. And I said, it's really interesting that the volatility index, I call this the inside track where you just joined out of perimeters. That is the candles or the wick on the upside and they lower lows from the high that was way to 38,94 in the weekly chart back in the week of the 28th of January. And each successively smiked to the upside couldn't break that green line right up until three weeks ago. We went to 34.88. That's the week of September the 30th. Then we had a pullback and now we've got a candle that I call the Chathamate Roman candle. This candle right here and it says at any point if this particular instrument that you're following in this case is the fixed index on the weekly chart starts to close on a daily basis. It has to be a shorter timeframe below 30.50. That'll be for the market. It'll be a very bullish thing. So I've got the parameters set. Unfortunately, right now as we're looking at it, what is it with 35 minutes to go to the end of the day? This is the first time on a weekly basis that you've had a consecutive move higher above this trend line, this inside track narrow channel. And it's just a little bit above a 33.94. Hasn't taken out the 34.88 high of three weeks ago. So this to me is very important within the next few days. Now, what is that tried bezel? Oh, sorry, that's the volatility in the fixed index. Okay, yeah, yeah, okay, right, okay. So it's really important that this starts to pull back and then hold under 30 for this market to really go on some kind of upside momentum. And I'm looking at a weekly chart. So we'll go Friday to Friday. So how it goes, it's only Tuesday. How it closes Friday is gonna be very important. If we start to close above 35, that's gonna increase the selling pressure. But the other thing is we've got a U-shaped pattern in the daily chart. We haven't made a turn, but I'll just show you that if we get this, the vertical line, you can see on this vertical line, the MACD was very strong, stochastic was very, I'm just trying to move it over one bar, there it is. Now you can see it. And the stochastic fell, but right now, both are much weaker than they were. So this is a hint to say, what's the volatility index? If it finally starts to pull back sharply, that could be a big help. And tomorrow, my show, I'll talk about these inside tracks, I've got them in many of the charts, very important things that I look at. Awesome, man. Appreciate it. Have a great night, safe night. Look for the show tomorrow, Basil. Thank you very much. Thank you.