 investors. The following is a presentation of TFNN. The Tiger Technician Hour with your host, Hazel Chapman, call now for free at 1-877-927-6648. Good morning, everyone. I'm the captain here on this Tuesday, 18th of July. I want to look at this particular chart here right at this exact moment. This is my chart. Oh, look at that. This is the first time that we've breached the upper rectangle resistance line, going all the way back to November the week, the month of November of 2022. There was a Dow high in this particular chart. I don't put prices in. To 34,712 when 28 was the high on the 13th of December 2022. It's taken until today, the 17th of July 2023, to just nick that and move above it. We haven't closed above it, but we moved above it with the nine period moving average stall strong at green. That to me is really important. Why? Because it's the first time that the neckline in a year and a half has been attempted. I mean, we got close back on the 16th of June when we went to 34,588, but 200 points below. We got close again, two points lower than that previous high of the 16th. That's 34,586. But here we are only Tuesday of the week. It means on a weakness. Look at the weekly basis now. It means that this is a new leg E. In the weekly chart, as I've shown you, there was a left side right side price time magic failed to get there at the exact fulcrum of the low that was made back in the back. I think it was April. So let me just check. That was March the week of the 17th of 31,429. So this is extremely good action for three reasons. Number one is the daily chart as all the technical indicators extremely positive. I'm going to I'm going to say but and I'll get to the button a minute. But the weekly chart has all the indicators very strong than the prices way above the green. This is the weekly chart in the middle. The price is way above the nine period exponential moving average. The 14 moving average is way above is below the nine. That's important. The MACD is not great, but it's so far quite strong. It's actually a much steadier move to the upside than the huge move it had back in December going to early January of this past year gained to the beginning of this year. The stochastic is flat at 80%. It could be higher, but at least it's flat at 80% on balance volume is in the slightly overboard area. Now when you look at the monthly chart, it's really important. You see this pattern I call the falling access is just a declining cone of inside track repellent zone. Three months ago we tried to go now. Actually, it's four months ago. We tried. We hit it exactly then we pull back. Three months ago we went to it, went above it, close well below it. Last month we closed nicely above it and the month is half over and so forth. We've made a new recovery high in the monthly chart. That means we've started a leg B because of today's move. We've started. I must double check that it's better to just know that your numbers are exact. So the move to the high of 34589 back in January has been taken out in sure month, but that doesn't matter because you're looking at the waveform that says count is successively higher peak alphabetize them sequentially on the way up. Oops, let me just get that back to uppercase. Alright, there it is. Okay, now the NASA. Oh, what do you mean to do that? I don't know what it did. NASA's a little bit. Things remotely. So sometimes it doesn't quite work. I mean, with that, okay, here we go. So what we're looking at is within the context of new recovery highs. It's a really important moment because it doesn't matter where closes after this. What does matter is that you started a leg B in the monthly chart. You see the difference between the monthly chart of the Dow and the monthly Dow is up 212. The S&P is up. It's lagging a little bit. There was a 0.62% S&P is up 0.20. It's up 9.10 at 45 32. But look at this leg C in the monthly chart. Now I just want to do this. It isn't technical Friday, but it doesn't matter. I'll explain it right now. No matter how I counted it, I've been discussing this ever since it happened a month after it happened. There was a chapter of Roman candle at the exact high of 4818.62 right there. Let me double check for 480848. Yes 1862, January of 2022. That was the all time high. And then you had chapter of Roman candle. I don't want to go into it now other than to say that Rick was really important to us and we saw it on the way down. We made trough A, trough B and trough C. And then I said, no matter how I counted all the way from that very first bar after leg B became a peak, I said, there should be leg C and D in the Chapman Wave methodology. It's really unusual for monthly charts to abort without going to at least a D. However, within that context, and you can probably tell where I am by the sirens going, what we're looking at is that if underneath that B, there's a peak A, a peak B, a peak C, a pullback and then a peak D, that D, even though it's below the previous D, gets priority. So that's what I've been saying. Yes, we should expect that there should be higher highs, double time highs to come. But we've still got the count in the monthly chart that needs to be notated because the mag D is cross positive. I should wait until the end of the month. I should put an up arrow. I'm not from the 3491 low. Okay, I just wanted to go through those. It was really important just to clarify what was going on because I had a number of questions about it. What happens if we make a new recovery highs? How does it impact the monthly chart? Now you know. So the QQQ, which is the NDX 100 training vehicle is a little bit weaker today down $1.62 at 380.90. And this is what I've been talking about to subscribers, because some kind of a divergence here between the indices that's been happening for about two, three weeks, it's been becoming it's becoming noticeable. But you've got this cup formation in the Invesco QQQ Trust series, whereby the monthly chart is in a gray leg A, why is it gray? Because it's under the previous high, which is the peak G. I don't want to get into all that right now, then to say the monthly chart is important. It is broken above in an exact time sequence from the left side to the right side. Symmetry called bar symmetry. We've broken to a higher high. We can have a little digestion was a leg D and a P and peak D's and the in the channeling methodology. That's where other things can happen. The objective is to get to the D and then you start to decide exactly what happens from that moment on. It can recycle up. You can have a deeper correction. But right here's a little bit of caution for the QQQ, still acting extremely well. The day to make a chart, monthly chart is very strong. And it made a higher high this week. So you can't get a peak D until Friday a week. Now it was often just Friday, but the following Friday. I'll be back in a moment. There's a lot to discuss. Let me just go back. I just want to show you the house here and maintain that upside move. Yes, it's up to 207 and 34,000 seven times. I'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30 day money back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN Educating Investors. 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 Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman and your inbox every day. First time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com Educating Investors. 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Hosted at Discord, TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. The Tiger's Den. Available to all tigers and tygruses for just one dollar for the year. There's no catch or at it costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Toll free at 1-877-927-6648 internationally at 727-873-7618. Hi folks, what I wanted to just show you quickly before we go back to some of the areas we were looking at before, the US Steel is finally coming on quite strongly. It's got 42 cents at 25,002. Caterpillar. This is a really, again, like said, like US Steel. Deep cyclical. Heavy duty equipment. Up three at 260 in a leg C. The weekly chart. It was beautiful cup formation trying to target the mid-260s. Leg D goes to peak D in the monthly chart. Look at PAVE. This is the ETF, Global X US Infrastructure and Development ETF. You remember, I've been talking about this for some time. Every time I talk about it, I try to help you by saying, in the Chambering methodology, when you get an alternate count, G-C, especially after the Chambering Instant Restart, which is dead right there in the 30 area, consider that there's a really good chance, as long as the technicians are still good, that you're going to go to a D and then you've got to be careful. It doesn't mean to say you're going to turn down, but that's where you've got to be careful to say what's happening next. D in the daily. D in the weekly. This is PAVE. All time high as we speak, Global X US. This is so bullish from 2023. Yes, of course, you can get a very sharp pullback. As far as I can tell, if you have the infrastructure stocks, if you have these deep circles moving like this, that is really a big, big market positive. So I had a question about is Rivian, or IVM, whichever wave stalked an egg formation, and the answer is no, it isn't. It's coming up right now. Let me just refresh. There it is. Oops, I said it's coming up. There it is. So now that is just an arch resist, a beautiful water spectacular move from the 13 level about three weeks ago, two, three weeks ago, goes straight up, right through the 200 period moving average, goes to an E and an F. Now, this is the one I had a little trouble with. Is this a brand new start over here? Because everything turned around at that 13 level. Is this really a peak B and not an F? I decided I would just keep the flow that was going in the notation. This is where the simplest thing is to say, that was a peak D at pullback, the nine period went pink, and now you got something very fresh. So I'm just going to put this in yet to say, F slash B, I should probably say it's more B slash F because of the strength. Look at the way Rivian has pulled back. It just touched the nine, and the nine is way above the 14 period moving average. And there's a single leg up in the weekly chart, a very strong leg B. It makes it a continuation in leg B. If it can go one penny above the high that was made four sessions, it could be four sessions ago of 2689. If it's this week and it goes to 2690, Rivian has gone to an extension of leg B, and then I have to be consider that that is not a G-status. See, that really is a problem. Probably see, there's nothing to say here. Other than this is a really strong chart. The question came in, is it a stork leg formation? No. So far, this is an arch. If it extends sideways for about another four sessions, between 26 and say 20, what would I call that low? If it makes another low, 2326, well, 2326, maybe it's a rectangle formation. But so far, no, it's not. That is the right idea because there's definitely a leg going up, single leg like that. But no, it doesn't have to be a stork leg. Other question that came in was, let me just get this, I haven't been able to even look at my email just yet. Can you review a fuel cell? Okay, sure. Fuel cell, F-C-E-L. So I'll turn it. Okay, here we go. Fuel cell, F-C-E-L. This is a fuel cell energy electric service company and a natural sign. I knew I'd use this as an abbreviation, G-N-W, gas. And biogas, natural gas and biogas. So it's trading at 2.50 right now unchanged. This is a very strong leg, A, gray A to the upside, why is it gray? Because the MACD is good, but the stochastic is still only at 72% not at 80%. The nine is over the 14. I like this very much. And I believe that this particular phase we're in right now is seeing a lot of juggling between the whole energy source area. In other words, it doesn't have to be natural gas. Oh, not talking about natural gas. Another question came in about NPH. Let me show you the two together. So it's a slightly different, yeah, we go E-N-P-H. Well, I'll finish this up first. The weekly chart is showing you that it's a real struggle to get out of this like rectangle formation. Let me just throw that in here. A rectangle formation. And that just says it could be, I mean, percentage-wise, if your cell goes from 250 where it is now to 280, I mean, that's 11, over 11%. That's a real nice percentage. But it looks to me like on a very short basis, it's just a little toppy, it's struggling a little bit. Don't even look at the monthly chart because it's been trading for about two years under the pink and the pink is under the nine, 14-period moving average. This is not a very good chart. So within that context, what we're all looking at is the fuel cell at 249 unchanged right now. It has parameters of 240 as key support. And if we can start to trade at 258 in the next two days, that is great. Now I can tackle this bar of earlier in June, they can go all the way to about 268, 273. I hope that helps so far as acting very well. Now I'm not sure if I'm supposed to, if I got a break coming up or not. Is there something happening that I should know? I'm taking a tiger TV. That's already moved on. Usually it's the other way around. So I'm going to just quickly check with my engineer. I don't hear anything. My engineer says nothing. So I just keep going. Here we go until I hear the music. We've got a pattern that says EN phase. EN phase, ENPH. We're waiting for that leg D to see if it was even possible. We didn't have it actually for subscribers. But it's finally got into that 188, 192 area today. It's hit 192, 222 after that huge gap down. Just look at this. You won't believe it when you see it. Look at that. What's wrong? Wrong chart. This is a daily. That's what I want. I want to look at this. Okay. So it's starting to fill in the gap a little bit. And there is something going on that I'm not aware of. And I just need to make one more check up one thing here. I'm still on. Just checking it out. Now we'll see what happens. So EN phase, this is in the natural gas area. And I haven't heard back yet. So something a little weird is going on. So this is a stock that's trading in the 220 area sometime. I was a little confused there. April the 21st, 228 was the high, the very next day. The high was 183. It went all the way down to 115. Now it's running on the back bezel. Champion Tiger. This is our senior moment. Steve Rhodes 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 Rhodes 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 award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN Educating Investors. TFNN has just launched their new trading room, The Tiger's End. Hosted at Discord, TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. And now they are expanding their reach with The Tiger's End, available to all Tigers and Tigresses for just $1 for the year. There's no catch or added costs when you join our community of traders. 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Now what's really important about Google's action lately is that if you look at the technicals, look how strong when it made that high back on the 7th of June, the MACD had already pushed much, much higher on those double tops that were made at peak C around about May. Pulls back, the stochastic was very strong, started pulling back so there was already a divergence between the action in the MACD, the moving average convergence divergence, and the slow stochastic and the unbalance of audio. But look what happened, that nine-period moving average, the green nine-period moving average was so strong that it took until the 26th of June before it crossed negative. It crossed negative and stayed negative until that big two-day spike, starting on the 13th of July, 14th of July, 17th of July, that's Monday yesterday, made a new recovery high from the high that was made at 129.53. This high was 127, I think 127.78 and now it's pulling back. And if you look at the technicals, they are much, much weaker. Yes, the stochastics at 81%, but the MACD is much weaker, the nine did flip over to positive, but it could quite easily slip again. So I'm a little cautious here on Google and that goes for a number of these really mighty Nasdaq-type stocks. They've had a fantastic move and they're kind of in this digestive age, which is partly why we're looking at the QQQ today, being a little bit weaker. Now the question is, oh, did I read that correctly and you say you've got calls? As I can see it right now, if instead of being underneath yesterday's low, which was 174.50, maybe we would nicked it, but right now you should be at about 124.61 and sitting here at 123.48. If we had that, just a high level consolidation, I say there's a really good chance that over the coming two days, if the market can continue higher, that is the Dow and the out of the four key indices, the Dow, the S&P, the Qs and the IWM, if I didn't include the SMHs as a sector, that's really important. If at least three out of the five can rally into Wednesday, Thursday, I think that Google can have a little bit of a pop, but I think that's that whole area. If you look at what I'll normally do, is someone asked me if I could go through the Chapman Wave methodology. Of course, we sometimes spend three days on that, but I can give you the call. The call is very simple. It's identifying the low, slow bar, then counting each successively higher peak, alphabetize, uppercase on the way up, lowercase on the way down, ABCDEFG, but it's at D, the fourth highest peak that other things can happen. Look at this. Here's your peak D at 129.53. Look what happened, sharp pullback. Here's your peak D. In the week D, it's pulled back for about four or five sessions that have broke out. Let's see that. No, that's not an instant restart, but a breakout to what we're calling an F right now. And the monthly chart is in C, with the technicals improving, that should go to D over the coming months. So I'll go through this as we move along. I'll talk about the different techniques, but most importantly, Google, if you are along the calls, if we were only down like 20 cents, I'd say, okay, but you're down $1.60 with a lousy candle. The 90s over the 14, the Matthews turned up, stochastics at 81%, all of that is good on volume is weak in the daily chart. That week's chart is fabulous. I don't know when your calls are four. Your calls are four really soon. Let me just see if I can read that. Let's see. Time to take another half off. I'm having trouble finding it now. Oh, that's a different question. Basil, Google, please, September 120 calls. Oh, I didn't see that. September calls, all I'm going to say is 120. Oh, you might have to see a little bit of a pullback here, but looking at September, I don't have any problem with that. Oh, that's great. Oh, there was options exploration, but now you're looking good. I would just hold them. That's the way to play this, looking at long-term and Google. That was a question that I like very much because it says that you've got patience and that you're looking at this, both as a constructive position to have in a portfolio, as well as a speculative one, so you know exactly what your loss will be. So let me just show you this year. So you're looking at what's the call of the Chapman methodology question came in. Let me if I can move this without messing everything up and see if that's working. There we go. Chapman, there it is. Okay. So the idea is that you try to identify the lowest low bar. You can't eat successively higher peak. You alphabetize them up a case of the way up A, next one by one penny. If you take out that peak on the left side, in this case A, without breaking the original starting low, you just keep counting alphabetically. Let's say that's 20. 20.01 starts leg B. It's a floating letter. B stays leg B, leg B until it makes a peak and it becomes a peak B. That peak B can pull back all the way as long as it doesn't take out the starting low and I think you're all the way back for leg C. It doesn't have any connotation to the left side other than other technical things say that's your support, that's traffic, et cetera. But in the waveform, that's what can happen. It says, yeah, you can get to a D but sometimes it's a really wippy ride and other times it's really quite easy. So here it is, leg C and then D and then you can see I've got a dashed line that says you can keep going down much. Look at this on the left. There's Google. Look how sharp you went down from that peak D. But you could also within three bars get something called the instant restart. That says you can continue your wave count and have alternate count. Next higher peak leg above D by one penny starts leg E slash A, then F slash B, G slash C. And I just showed you what was the chart I showed you before that actually eventually went to the D. I'm not going to remember right now. But let's look at the IWM. Okay. Yeah, there it is. This is the very one that we're talking about. There's your G. So this is your instant restart. E, F slash B pulls back and then it goes G slash C and now it's in a leg D. Very nice move. And this is a very important move in the IWM Russell 2000 because it's saying, hey, finally, so we are looking at the small caps hitting it in the weekly chart, hitting another technique that I use this is called inside wedge target resistance line. And it's right there now. I'll be back in a thousand chapter, take a few inches hour and we will be right back. 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'Brien publishes his weekly gold report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the dollar, bonds, the South African rand, as well as 25 different mining equities with specific buy sell recommendations. The gold report. New subscribers get a 30 day money back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's gold report newsletter now at TFNN.com. Tom publishes his daily market insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real time analysis and trade recommendations delivered straight to your inbox. Whether you're a season trader or just starting out, market insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to market insights today. Don't miss out on this opportunity to supercharge your trading results. Market insights comes with a 30 day money back guarantee for all new subscribers so you have nothing 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'Brien's award-winning newsletter Market Insights firsthand. TFNN educating investors. Labd. Directions daily S&P biotech three times, bull and bear ETFs. Visit directioninvestments.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 866-4767523. 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 folks, so I had a question yesterday which I didn't see until earlier today about VFC and VFC is the VF core. It's fading at 19.45, it's up 35 cents. So when I talk about resistance levels, look at this rectangle formation here. So our surface of V and then it's stored and it just keeps trying to bump up against this resistance in the rectangle formation. What we've seen very often is that a rectangle can stain that pattern for a long period of time become a narrow rectangle. But look what's happening. The MACDs goods, the castings at 74% just under the 80% level, on balance for them is a little bit off the highs. The 9 is flipped to positive. There's a nice candle today and it keeps doing that but it won't. Now what I would say is this if VFC is able to close, it's the same as we're looking in the the dark news cloud cover chart that we showed of the Dow earlier on where that level that says 43,800 is something a little different, this is the same thing here. If this can start to trade in the 20.45 area, there's only a dollar higher. That shouldn't be a big deal but look at the way the stock has failed. Every single arch formation becomes a dreaded H and then it fails. It goes lower, lower, lower, lower. Not the chart is horrible. Weekly charts had very strong technicals with no price appreciation. Well, that's not the way that's not what you want to see. You want to see everything in sync. The technicals are confirming, price movement, price movements confirming, technicals, etc. You're not seeing that yet. That says to me that unless it can start to trade for three to five sessions out of maybe even 10. In other words, for a whole week and a half, it was able to hit the 20. What's that candle high right there? So this candle high of the 19th of May was 20.49. Yeah, that's what I'm looking at. If we can get into that, the top of that candle and hold it just to turn this into a base rather than resistance, that'll be important. So I did that. So there was a question that came up, which I thought was a very good question. I don't know if I can deal with it right now. Oh, the question is, thank you for going over the Chapman wave. I'm fascinated. Why are there two D's on the daily ender? That's the doubt. Look, look, if you look carefully, you will see that it isn't just a D. It went, it went to, IND, there it is. Look, look what happened. It went to a trough at 32,586 with an up arrow. I'd circle that to say every peak needs to be counted. And that goes peak A, peak B, gray, and then it becomes upgraded to a buy mode and goes to C and D. And then at 34,588 on the 16th of June, it pulls back sharply, makes it a little doji candle. Those doji candles are really important in my work, either turning points or midpoints. And it started to move to the upside and went peak gray peak A, gray peak B, pulls back and then all of a sudden it pops above and goes to a C, stalls right at the 34,588. It was actually 86 level and now it's in leg D. So this is just not two D's. This is D with a restart of a new buy signal to buy mode. Now, one of the things that I've done is when it started to fail and I've looked at the unbalanced volume saying, gee, it's not participating. It's not overboarding. You think that there should be a pullback instead of getting what we usually do, which was on the move to the upside, get the three times long, your DOW on the short side, we get the SDW. I was just a little uncertain. So we took a small position in the DOG, which is one to one short. And that should today be taken out because it is so strong. Hasn't been taken out yet. I think it's just, yep, I think it's just been a very tiny one point something, lost 1% loss. But the reason why I did that is because we were looking at the divergence between the different indices. At that point, the S&P had broken above its left side high that now hadn't. So now what we're looking at is this is one of the reasons why we've kept our longs from way back. Remember, we went along here in October. We've kept that long position and the three times long, but we've had trading positions. We had another one back here in March. Still got that core position. We're just trading around it. And I'll have to do an analysis. But one of the things that we're looking at here is that the stocks that have participated the best have continued to participate. For instance, we have a stock called ENV axis symbol, NOVAX. So we're in at the 16s. Here it is at 23. And that was just 28th of June. I mean, in other words, it was three weeks. And here it is up seven points from that entry. But that's not the issue. The issue is we got taken, we wanted to add. And instead of looking at the nine and saying it is so strong above the 14, the MACD is still expanding, the 200-period moving average is way down here. It was a great projection, trajectory to the upside. It's just a rocket ship to the upside. It hasn't pulled back enough to get that to add to the position. And that's the problem. The ones that have been really working are just absolutely fabulous. So that can happen as well. So if I was sticking to the rule, the rule is if the nine is over the 14, as long as it stays that way, don't think of shorting until you get other indicators that really give you, or don't think of exiting too much because it's in a positive position. And that's what we've got to look at. So the SMHs start to stall here, but there's nothing wrong. The nine is still good. But the MACD is only just barely positive. Stochastic's good at 85%. So this just says that we've got to use this more as an indicator right now because it made a, let me just give you this right here. This is the weekly chart. The weekly chart hasn't gone above the 160.70 high of last week. It's had two sessions to do that. It hasn't done it yet. But this will become a peak D in the weekly chart of the semiconductor SMHs if there's no new high this week and new recovery high that is. When it turns out 159.42 was the all-time high back in November. So at this particular point, that will be an all-time high for breaks above 160.70. Isn't that incredible? Here we are with a lot of people extremely negative and extremely nervous. And yet the semiconductor at all-time highs, the cyclicals, let's see what the XLIs doing. The XLIs, the industrials haven't gone. Yes, they have. So today's high is 109.98. The high on Wednesday of last week was 109.88. One penny more. We've got an entire week to do it. One penny more to the extent. So this is the other. So the stock rate formation that was asked of me about Rivian, this is a real one. So that just says long move to the upside. It looks like a leg. Then you get the oval body. And then you get the neck. And we're in the neck right now. And that says when this comes back down at some point, which it will at some point, this is the level that you go to monitor closely, the high of 104.18. Seven points above that right now. And this is the select S&P Strictly Clusical Spider Fund. That's also very, very positive. Would it go positive? Oh, 92. We just hit 92. It's just started leaky and it's instead of leaky to beat the chart. As we were talking, I'll be right back. Russell Chapman, we'll be back. Now, couple of minutes. TFNN has just launched their new trading room, the Tiger's Den, posted at Discord. TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. And now they are expanding their reach with the Tiger's Den, available to all Tigers and Tigresses for just $1 for the year. There's no catch or added costs when you join our community of traders. 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But if you want to see the gap filled, just have patience because the 200-period moving average of 130, 79.5, but nine points is a lot for this stock, is such resistance. I'd give it a timeout. Let's just remind me again what's today, Tuesday, maybe Friday or maybe Monday or Tuesday. Let's look at it again, see what's happened. I don't think it's a rush to get into this. Let me just sum up for you as I'm looking at this right now for the market, because handing over to Steve Roach would be great shows always. 34,902 right now, up 318. This is really positive. It's positive because of this pattern that I showed you with the dark news cloud cover. Resistance that cloud, it looks like a lot of that is dissipating nicely now above that level. Obligate to turn the 34,200 to 33,802 fabulous support over the next month or so. I think that's the way it's looking. I like what I'm seeing very much. So that's the Dow. And if you're looking at the episode, the Dow, the close today, if it's able to hold 170 points or higher into the two o'clock timeframe, that's going to be very important for a good strong close. And if you're looking at any failure, it says something happens. All of a sudden, you're looking at a plus 60 after three o'clock. That'll be very negative. So far this has been very good. Hold on. Nice action going. Got Steve Roach's great program here. I should see you later today with Tom. Have a great day. Check out my opening call day to use it. There I have webinars that you can check all these techniques that I talked about.