 The following is a presentation of TFNN. The Tiger Technician Hour with your host, Basil Chapman. Call now, toll-free at 1-877-927-6648. Basil Chapman on this Friday, the 8th of April. And we're looking here, I'm showing you the E-mini chart, the 10-minute S&P E-mini chart. It made a peak E-top at about, what was it? Just at the close yesterday at about 4 o'clock, around about the 45-18 level. Let me just double-check what the price was. I think it was 17.85. And it pulls back and then it stayed. Remember what's my rule of thumb? And I'll be talking about this in my webinar coming up on Wednesday the 13th, April the 13th for subscribers to my opening call. Check out the front page of TFNN for that. What you're looking at here is that a rectangle formation can last a lot, especially a narrow one, can last a lot longer than your patients. Made a low later on at about 10.40 last night and 4.491.75. And then slowly worked its way to peak A, peak B, C, D, E, F, and even a G, an unusual G really at the left side high of the 17. It actually went to 19.75, 45.1975. And it pulls back, tries to double-top. You can see the technicals were all failing. And whoosh, it comes down and it makes a low so far today of 44.6875. I mean this morning, let's say. And now what we've got is in the two-minute chart, you start at a leg A with the technicals just starting to improve. It's still very young after such a beating to the downside. What we're looking at here is the selectivity. I've spoken about this very often. And the most important thing about selectivity is that we've seen since the summer of 2010 the rotational corrections. And rotation, as long as you can get a rotational correction, the implication there is that one or two sectors, maybe more, are extremely weak as the formerly weak sectors start to rally and ameliorate some of that downside push. Are there enough sectors? Are there enough stocks to be able to do that now? Well, this is the process we've been expecting for subscribers to my opening call. A very choppy period right now into April. A number of things are going on. Ironically enough, even though we are along the Dow, along from the low, just about the low of 2020, and then adding to it, we've also gone short and long, short and long. The most recent add-on was just under $33,000. Let me just go through that right now, just so you know the positions because it's important that we, it doesn't sound like we're talking our positions here. The true amount is at that low on the 15th of March. Just pre-market, we went along back into the long position and ran it all the way up. Took two little bits of profit on the way up. It is 35372. The objective in the Chapman wave is to get to a peak D and a buy signal upgraded to a buy mode. That's what we've done. Now you've had your pullback about a two-thirds pullback, maybe a little more, above the 200-period moving average, a green candle up 58 points today. This is really important. I have a rule of thumb. I'll be talking about that in the webinar. 136 is called. It means the absolute best is when you've got a consolidation that just takes one bar and then you immediately move on. Three is the next best. Look at this. When you made a peak C there, you had two bars, a third bar, boom, you're up again. You've used up the 136. This is the seventh session. So it's almost as if you have to start fresh. And to start fresh, you have to analyze and say, the nine is pulling back, but it's still above the 14-period moving average. They're both above the 200-period moving average. Good. The magnetic just went negative yesterday, but it's very flat. It's just a narrow little left side arch. Could go to a right side arch if there is a rally early next week. The stochastic is very weak at 40%. On-balance volume is good, not great. This blue line right here, it's called the gray line. This is called the rental strength index. It's been weakening and it's at about 50%, 52%. That's okay. Then we get to the weekly chart and it's stored right at this area that I've been focusing on where the Chapman Insight Track, I'll be talking about this in my webinar, Insight Track support level became a resistance level and now it is right, we're in the middle. We're actually at the bottom of the line right there. This is going to be very important. If by the end of the day we start to break down again and the Dow closes down 50 or more points after between 12 and 2 o'clock, if we aren't looking at a plus 40, plus 50 in the Dow, instead we're looking at a minus 40 to minus 50, that's going to be negative action and the S&P is indicating that there's a lot more weakness and so is the QQQ, the index 100. So that's important. So here we go. S&P, S&P at 44, 84, underneath the 14 period moving average, not good, but the 90 is still above the 14. That is a nice sign. And the MACD is just a negative, not with a very wide aperture between the nine period differential, the green line and the red slow moving average, 26 period. If that expands as it did when we were going up, you see how beautiful that is. The rule of thumb in the Chapman wave is that this is a Chapman wave between the stochastic and the MACD. We've got a squash and that's it. Really quick move to A, B and C and then you've got to be careful because at some point when you get to the, when you get to see the torque, the initial thrust of the stochastic has to hand it over to the MACD, the moving average, the green line, the moving average, that's, but look at the chart. You see the way the chart of the MACD actually very often matches the price of whatever you're following. Well, in this case, the momentum had to take over and it did to leg D. Now we've got this pullback. Just have to monitor it really closely. So what I wanted to say earlier on, the irony of the whole thing is a question came in about the XLF. Could I please look at the XLF? I meant to do it yesterday. The XLF, S&P Select Financial Spider Fund, I'm a little nervous about this because with rates screaming to the upside, the historical aspect that one always talks about is that when the rates go up, it helps the financials, the bank stocks. My contention is that it does, but it's only one part. The other part is earnings. And that to me says, just be real careful here. We've had some really good earnings results right across the board in different sectors. But over the last, I'd say three to four weeks, some of it is becoming suspect. And the X, the S&P Select Financial Spider Fund, XLF trading up 16 cents today at 37.68. This is not acting the way it should. So what I'd say we've been long, Bank of America periodically for years, we go long on the big pullbacks. And then as it starts to come down or on the way up, we start taking profits, taking profits, taking profits until we've got a little bit left. Why is this not holding up? There it is. And then at a certain point, I just say we're out of it. We'll try to come back at low prices. So we finally took our last Bank of America earnings, sorry, Bank of America gains. And we've had a number of them. The last one was just yesterday. I forgot, sorry, subscribers. I forgot to put it in the end. I was watching it and then completely forgot about it. But I thought I had actually in the greatest corner of my newsletter. So we've had gains all the way to 50% gains. And this last one was, oh, it's a 20%. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. 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Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be at TFNN Educating Investors. Toll Free at 1-877-927-6648 Internationally at 727-873-7618 So let's just go on. So now I have the rule of thumb. Remember the rectangle formation can last a lot longer than your patience but you've got to be careful when there's one big spike above it does that hold or does it go right back into the trading range? Well this is going to be very important. Why? Because this is either an extended leg F in the dollar chart in the daily a leg F or it's just changed its symbol to F slash B in the weekly chart and a leg C in the huge rectangle formation in the monthly chart that goes on and on and on forever it goes from the high of the January to the 20th January of 2027 sorry 2017 at 103.82 that's the dollar index and then it pulls back to the February low of 2018 at 88.25 that's where we went along we followed it all the way up we took it a little bit off at 96 something this is via the UUP the dollar bull ETF or fund 102.99 was the peak look at this peak D remember this is what the whole thing on Wednesday is going to be about what happens at a peak D in the Chapman wave methodology well we've got a peak D in January of 2017 then a truck B February of 2018 a huge move up to peak E at 102.99 all the way down to 82.21 and we were still long and now we're still long and here it is this is from April April of 2018 we went along and here it is in legs C and there's huge rectangle formation why did that move that should have been holding let me just pull it back oh I went to the bottom but I need to do it there so look at this big long rectangle formation it hasn't gone in the monthly rectangle to the 102 level 103 level let's weigh up the MACD is good stochastic flat at 89 we'll be teaching that on Wednesday what it means how long it can stay look what happened when it was just briefly in 2016-17 when it went above stochastic went above 80% and then failed right at that peak D really important one of the indicators I used so here we are this is a much bigger move 99.42 to today's with big green candles yes you could pull back but there's something different here because stochastic is at 93.7 in the dollar how I mean that is that is big and MACD is cross positive not as good as it was back in 99.42 back in March but it is improving so this could be the first time that the dollar has had enough upside impetus and this is of course geopolitically economically for many reasons and it's the reason why the dollar has become the lead instrument in the currencies it was holding very well which meant that money was flowing in but this breakout says you could get a propeller shaft one to one to the upside meaning that the dollar could start to test the 101 area if and this is a big if because that 99.42 magnet of the resistance line that whole area of 99.30 to 99.50 it loses its magnetism to draw the price back in the further up we go so this is really important and if it's an old F we're coming back into the 99 area if it's a brand new A it started a bull market that is I didn't want to talk about it because I had too many ifs at this point it's broken out significantly above 99.42 especially for the dollar if this was just a stock you could wiggle around three points very easily dollar doesn't do that so this is really important and if I put it together with gold gold has held so well in fact gold today is up 12 up 13 at 1950 but it's stuck in the range it breaks out of the range if it can close it can't just go above it has to close 1972.1 and the continuous contract 24th of March high if it actually starts to move into I'm going to say the body of this ugly candle of the 14th of March which had a high of 99.99 let's call it 2000 and a low of 1956 if it can move into this area going into 1983-1984 anytime in the next three to seven sessions I'll give it a little time without breaking down under 1928 closing under 1928 I have to then say you know what gold the geopolitical icon of fear is in place and that is I mean for us we have a gold stock it's done really nicely we got it really beautifully and then I took a little too much off more than I wanted I should actually have been adding instead of subtracting for subscribers but we got back in and it's doing really nicely it's up to today it's up 2.8% that is important now what is really important about this gold chart is that the independence of silver you see silver hasn't caught up yet and gold tends to lead the move up then silver plays catch up silver then looks fantastic and as it looks fantastic they both come down together I don't know what it is but silver is the one that in the end at a moment looks really at the better chart and all of a sudden it reverts back to being the the follower rather than the leader all right but that said silver needs to get to the 26 30s to say hey I'm now on fire but it's not doing that right now 24 81 let's go to a high grade copper high grade copper still holding really nicely it made a peak deep way below the previous high above 5 and now is trading a 4.71 holding well but I don't consider this good enough yet to say that it's about to break out especially with that peak deep under the previous high but by today it should have been quite a bit lower and that says to me there's internal stretch let me just look at wood which is the ice shares global timber and forestry ETF yeah it's holding the 200 period moving average it's not going anywhere certainly not breaking down unlike the dollar HGX which is the US this is the Philadelphia sector index housing index and look at this move to the downside that is not good to get together with Home Depot and I said yesterday I can see Home Depot as a balance yes oversold yes but I don't think it's ready for the big move to the upside and here it is very nice move today up six and a quarter 309 up 2% yeah this is not and this is the thing that's telling me when I when I did my homework yesterday and last night and this morning going through a bunch of a bunch of sectors and looking at them and saying if you are correct that's me in talking about this rotational correction then you've got to find something it can't just be one one sector that's acting well it's got to be a bunch of sectors that are acting well and to put that in place if you look at the hack which is the Prime Cyber Security ETF security stocks trading down 27 cents of 5743 just cannot get out of the way of the 200 period moving average I'll be talking about that in my webinar on Wednesday night for subscribers to my opening call don't forget if you're interested in coming to this and we have had some really nice positions I'd love to talk about one that we've got today because it did everything every single thing that if you do your homework you have to just step back and say well let's see where it goes I've done my homework I just don't think I can talk about it now because it's sort of viable but I'll be back I'll talk about it in a generic way the hack is moving in crowd strike you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with become an apex predator in the trading markets and join the Tiger's Den trading room only at tfnn.com the Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange 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is besides the fact that no one can do Larry's show Larry's the only one that has all the fantastic techniques he's taken not just a generation of his a lifetime of his of his training ability so it's an honor to be able to use that hour but I thought it would be a good opportunity for me just to do something live I want you to do that a while back I'll just do it today I'll start off right now in the Chapman methodology what we're looking at is once you get the crossover of the stochastic at a price low if the confirmation with the MACD comes in you can go from a buy signal to a buy mode so we've got the two minute chart I was showing this live earlier on I didn't discuss it too much but now we've got leg B at 44.87 what I would automatically do is draw the cup in I would have already done it I didn't know I was going to be doing the show live so what I would do is go to the low I'd move to the right in a measured move the number of bars to the left equal the number of bars to the right like this and it says by a minute ago if I was to use that particular guideline there should be a test of the left side high there's a two minute chart of the E-mini of 44.91 .50 we are trading right now it's one bar late yep one bar late and it is at 40 44.88 .50 let's see if it's able to do that so that's green so all these different techniques I'll explain them while I'm doing them we made a peak G in that top in the 10 minute chart then we made a little mini you remember the dreaded H pattern the lowercase H right there and it made that into went to a lower low but the technical started to improve so there was a bigger balance but that balance then failed look the stochastic remember my rule of thumb stochastic has to be holding above 80 percent more than about three or four bars it has to go flat and that's fantastic if we can do that it didn't and therefore there was a failure and you got a deflection lower in the mag D and you got the crossover of the nine period below the 14 period so you tumble down to the low of about 44 what is it about 44.68 75 and now you've got in the and now this is the rule of thumb that you've got to remember the Chapman methodology you see this low right here in the E many the 10 minute that can't be leg A that can't be an A because you haven't made a low yet you have to make the low and then you can start the count so this higher higher low that from the low of 10 10 this morning eastern time 44.68 75 it went a little above to 44 70.50 and then this is now your leg A this is your first leg A and it's called the great leg A because you really haven't had time to build any veracity to the upside the mag D hasn't crossed positive the stochastic still only at 26 percent on balance volume is up but it's kind of struggling so this is the starts I've used the one minute I could get all the different time frames but we'll just do this for the moment and then we'll come back to it there just so many questions that I want to get to here so yes there's a start of some kind of a buy signal because the stochastics at 92 percent I am this could fail but I am calling it a buy mode with an up error I it's still early in the game this is a two-minute chart if it took out the left side higher 44 90 whatever it was and that would have been great so it's a little early in the game let's get back to our story here what we're looking at is a crowd strike trading up 7.31 at 224.02 below the 232.86 high of April the first hits the 200 period moving average twice and now is spiking nicely but and this is the other thing I'm going to be discussing look at the different time frames look at the time frame of the daily which looks absolutely fantastic you've got I mean I wanted this for subscribers but we've had other positions in fact this is one of the highest cash positions we've had in a long time not to say we aren't choosing things we've got about a choice this morning I'd love to talk about it but I can't you got a left side right side price time match where this went to peak E below the the high that was at about 235 236.30 was our target price I didn't actually I can't remember I don't think we actually put it in place as a buy I was looking at it and it's one of the better one of the two best of the cyber security stocks at 224 right now will it start to fail because the magnies pull back stochastics at 61% after making a new recovery high and that's very important because it's gone from 232 down to about the 209 area running back up and all of a sudden if you look at the weekly chart you say well the stochastics at 88% you should put in an up arrow here to say that it's in a buy mode in the weekly even if it fails it's done all the requirements for the Chapman Wave buy mode so let's just see what happens if you look at the high that was made up at about 300 at about 298 the week of the 12th of November what a plummet down to the 150 area and so now it's a good comeback but look at the monthly chart the monthly chart has made a peak C there's a chance that when you have two consecutive very close highs slightly higher at some point you might want to call that a phantom peak I've got a stock today subscribers I called it D actually it's technically a C there was a phantom peak that I completely forgot to change the color to red I did all the work I just forgot about that so I'll talk about that when I do my overview my hour long whatever it'll be tomorrow overview for subscribers looking at all these different aspects and all our positions but if you look at the monthly chart this is lousy action it's in a sell mode in the monthly chart sorry a sell signal close to a sell mode what does it do after this and if you look at pay ANW another one we don't have but we I've been following it for a long long time this is Palo Alto network Inc made a peak C where we were looking at the peak E in CrowdStrike PANW down five today at 611 also consolidating this looks very much like a D I might even have to call it peak C1 C2 doesn't matter it's one of the leaders in the weekly chart is still very strong looks great monthly chart looks spectacular in an alternate count I'm calling it an F for now wouldn't be surprised if this is like the S&P and F slash B actually and we'll talk about that in a moment but in what we're looking at now this is a sector so when I talk about the rolling over into the different sectors that is really important and we'll see if the market is able to digest the the new gains in the new stocks that are rallying and the old stocks that had fabulous moves and just to give you a shot look at the IYT the IYT I mean what a tunnel even today is testing the left side low that I made yesterday 242 round number high today 239 270 are you in the market for buying or selling real estate in the Bay area including the surrounding St. Petersburg Tampa and Clearwater markets Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay area whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property Tiger Realty has the experience across all areas of real estate in the Tampa Bay area to help buyers and sellers make the most informed decisions across all price levels from the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating Tiger Real Estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future call Tiger Real Estate LLC today at 727-329-8322 or email us at tiger at 727-329-8322 call us today the technology around us is changing every day with so much happening it can seem impossible to keep up with all the information David White's investment newsletter the technology insider is designed to give you all the information you need to understand the technology that shapes 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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 866-476-7523 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 four side fund services LLC 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 it was just real quickly as Jan W said look at SSRM I don't think I've ever looked at SSRM this is SSR mining ink I'm not even sure what the mine maybe it's gold but I immediately picked it up and said wow look at this from the monthly chart I'm looking at the chances are that based on the cup formation if I go to the smaller time frame which this is the weekly chart using the plum line of from the high that was made on this August week of the 7th of August 2020 at 25.32 using chaff wave inside wedge target resistance line as well as the left side right side price time match it says by May that 25 what was it 25.32 high should be achieved but on the way it's got a strong resistance at 23.30 and then it depends on the weekly time frame so that yes I like that I think you're right it's looking very good and the weekly chart is at a very bumpy this is leg C so I'm just saying that yeah good I so let me go on a question about Amazon could I look at some of the what was the question there if I can just find it oh boy I got a scroll we just have so many tigers now that getting a question answered oxy okay just a question came in with oxy I'll do that right now oxy occidental petroleum made a peak it looks a little bit like the CrowdStrike chart there it's up 2.20 today at 59.88 it's making this consolidation sideways but it needs it needs time speed right now so that says if this is going to work it should re-tackle the previous high was that the first now the 23rd of March at 63.24 you want to see now that it's made a little peak A and this is now starting a leg B it really has to be able to say it's going to re-test the previous high without consolidating a little longer 61.20 it needs 61.20 a close of 61.20 says wow this should be a real quick test of the 63.24 most recent high then it's I've got it as a leg a peak F in the weekly chart but the technicals are so strong I suspect that I just I might have to make it in the Chapman Way methodology you can use alternate counts meaning this is F B I'm thinking that could be the case all the technicals are really good and if you look at the monthly chart occidental petroleum from the declining high that started back in June of 2014 in 103.64 you made a high of in June of 2018 June 2018 I have 87.67 so you got the Chapman Way inside track repellent zone it's already at a peak D in the monthly chart sorry a leg D you have to wait the whole month to see if it's a peak D but the mag D are strong stochastic 90% on balances the one suggestion that these some of these multinational oils are getting a little bit toppy and that's a monthly that can take a long time to unfold so all I can say is that if at any time in April it breaks above 68.50 let's call it 69 that'll be a really good action let me just look at this and look at this chart here what we're looking at within the context of ExxonMobil was another question ExxonMobil has just made a Chapman Way of overlapping way look at this chart right here you see that on the left side is a daily chart it made a peak D remember peak D is your objective in the Chapman Way methodology it went to a peak D and I'll be discussing that in my webinar at 91.51 on the 8th of March it pulls back very sharply but now it's the pattern I'm going to be talking about this in my webinar the large rectangle says that if you start to make higher highs and higher lows you can see a move all the way back just under right on or just above the previous high and then you've got to be careful well this is leg C and because it's stochastic it's 78% almost at 80% and the MACD is flat I'm saying it's still in a digester phase in a daily weekly chart and the peak D and the monthly chart is in leg E and if you're looking at ExxonMobil it had a high of 104.76 back in July of 2012 plummets down to the 30 level in 2020 March and then it rallies back up and now it's already at a leg E under that previous high so this just says you've got to be a little careful in terms of what can happen in these multinationals I'm not saying that you should change your thinking if you're long I'm not saying you shouldn't get in if you're looking to get in I am saying that the risk now is a little different because if it makes all of March sorry all of April it doesn't make a new high going to a peak D or an E underneath the previous all-time high says be a little careful it doesn't have the same strength that it had before and if that's the case oops see I didn't mean to do that if that's the case then we are looking at some kind of resistance level in ExxonMobil in the 90 to 92 area over a period of a couple of weeks that's all I'm saying mostly right now it's got fabulous support all of these oils that's enough for the oils is go to the APA I don't know if I've updated my I used to have APA fully notated yes I do that rectangle formation it broke out of it to the upside APA is a patchy oil I believe it used to be now it's called APA also made a peak F so on a shorter term all these oil stocks multinational in the oil sector 4388 was the high of the 5th of April they're just digesting gains right here but these gains I would not be surprised if you're looking at crude oil it's just telling me that this phase in crude oil could last a little longer who would have thought with everything that's going on that oil could have spiked to the 129 area of the 7th of March plummeted down to what 92 something 90 90 to 20 on the 15th and then pop and then do the Chapman wave art formation the dreaded age I'm just saying to you be careful I think that there's an oil supply out there that is extant it is it's being alleviated through other things so some of these oil multinationals are fabulous looking out because I don't think we're going to resolve that problem very quickly but at the same time I want to am saying is that on a shorter term position I would not be surprised if we consolidate a little bit more next question I had was I'm just trying to go through and I got that got that got that okay got that I'm just trying to catch up well loads and loads of questions well what an active then we've got here folks for a dollar you can join the dentist unbelievable you'll use discord and I think you'll be at home with all the different viewpoints that are in here you could choose what you like you'll find at a certain point someone is closer to your thinking there may be someone else and you'd like what they say you respect with their thinking and that's really what it's all about XLU is the utility area XLU is the utility area saying in legs C or is this a D uh oh uh oh I think it's a D there it is so on the 6 XLU makes 76.94 high then it's 76.69 this is a leg D utility in the dating but it's only a leg B and a leg F in the monthly sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at TFNN you'll get advice and guidance from the authority and technical market analysis and it's not just dry tedious text either TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV live every market day from 8 30 a.m. to 4 p.m. Eastern for free each host is an experienced trader and gives their take on 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in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman in 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 30 days of signing up TFNN.com educating investors are you looking for a secured investment which pays you on a monthly basis the target first mortgage program may be the program for you the best rate on a five-year CD in the country right now according to bankrate.com is paying 1% per year or $1,000 per a $100,000 invested the target first mortgage program pays 7% per year paid monthly on secured high value properties in St. Petersburg, Florida the investment is for four years paying 7% per year or $7,000 per 100,000 invested your investment is secured by high value real estate in St. Petersburg, Florida your investment can be anywhere from 100,000 to 500,000 you want to make 1000 per year on 100,000 invested or 7,000 per year on a secured target first mortgage the target first mortgage program may be just the program for you the target first mortgage program pays 7% per year paid monthly for more information you can call 877-518-9190 that's 877-518-9190 this segment is brought to you by thinkorswim for more information just click the thinkorswim banner on the front page of tfnn.com yes so for those of you who've been watching if you've been in the den you would have got back 1500 at least points of that look we went from the 4481 area to the 4498 well at least 500 points in this methodology that I'm showing you live I said I'm going to use this time to demonstrate some things that I'll be talking about it'll be fixed because it'll be 4 o'clock to 5 30 you'll have the futures open for a little bit but this is what I wanted to show you I put that up arrow in Y because stochastic and MACD we've gone from buy signal to buy mode and that suggested we almost got to the left side right side price time match there now we can start using this in a different way completely now we can say the two-minute chart has tested the 200 period exponential moving average look how it was support and resistance for so long for about 30 minutes or more it just hung out there that's how important these moving averages are if you want to use them you don't need them when you're down here do you need the 200 no but you do need the nine above look as soon as the nine crossed above the 14 right here at a 44 let's go to the high 4482 25 you're up 16 points from that and it's still green and look what's happened we haven't even got the 10 minute chart crossing green because it's still there's so much work to be done but it's above the 14 period moving average in the 10 minute chart so it means you can go to the 5 minute chart and let's see what's happened there has it turned green absolutely it's turned green and it's in leg C just like the two-minute chart and I can now put in the up arrow because the stochastic finally is right at 80% so now what we're looking at is and I'm busy I'm busy doing this live but I haven't got any training on here good good grief what can I say oh that's the end of the show I'm going to be doing Larry's show there's a lot to discuss we'll see where this goes in the 10 minute chart leg B in the bimode if it gets there it should go to a leg D over a period of coming off to him we'll see I'll be back for Larry for Zemento's hour what you see that hour and spells to check out the front page check out my