 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at 727-873-7618. Now, Larry Pezzavento. Okay, looking good, Billy Ray feeling good, Lewis. Well, today is the 16th of November. This is the chart of the gold we were on the show yesterday and we mentioned to the folks that if we got a 382 retracement on this it would be a pretty good idea and we did. There was 62 and we're now trading at 87. It's had a pretty good rally. Some people have asked me if this is a head and shoulders pattern. This would be your left shoulder. There would be your right shoulder. It's a little bit lower, but if you look at the timeframe between the left shoulder and the right shoulder you'll see that it is just about spot on from the last low that we had back in here. So it's acceptable, but frankly, folks, this is what you pay the money for. Your 382 comes in right here at 62. The low was 59. The risk on that was like $8 or $9, but it never got anywhere near it and now it's off to the races. What this usually means when you see something like this is that you're going to see an ABCD pattern up into this area here going above 2000. Again, we're only $14 away so we're probably going to get that without too much trouble. That takes care of the gold market of what we're looking at here today. I wanted to spend just a second here on two things. One is we've got a potential trade set up here. Now this is the Euro. We're going to be taking a look at this. This is on an eight-minute chart. You can see where we are up in here. This is where we are right there. If we look at the daily, you can see the daily, we went out here, we took out all of these highs right at the 50% level. Then we had a pretty big break. That break tells us there's where we are right now. I'm going to blow it up to show you where we are. If you like three eight twos, maybe you do, maybe you don't, but we're going to take a look at it. Three eight two comes in. What do you say, Billy Ray? Here it is, looking good, feeling good, acting good. Sell it there, stop it there, and you're on your way to San Jose. Sometimes they work, sometimes they don't. You've got to remember that. We had a great day trading yesterday. We ended up with $1,600 profit. I've already went through those trades. I'm not going to waste any more time with this, but I do want to show you a couple of things that were really very, very important, and that is here in the crude oil, and this is where your frustration index goes a little bit off the wacky board, but just wanted to get this up here today because we had a beautiful three eight two, just a second here, a beautiful three eight two retracement here off of this high right here. I'm going to try to blow it up, but it doesn't allow you to do it very much. That's close enough. It was close enough, then it disappears. Folks, I've had more technical difficulties today than I've had all year, and you know I've had a bad year. Let's just collect this on. That was your last three eight two was right here. Remember, this took several hours to complete that, just like this one. They're both basically equal, and you'll notice there's your three eight two comes in right on the money today, right here, and I can't get on the machine at all at that time and look at this folks. It's dropped four dollars. I mean, just straight down and I, I've just had a lot of trouble. So I'm a little frustrated, upset, angry. I've used words that I haven't used in a long time, not since I was at St. Benedict's and Bishop Schulte High School. I was very, very upset, but I'm over it now, and tomorrow is another trading day. Okay, now let's look at a couple others that we have to pay attention to because one of them is rocking and rolling, and we still got time for some money to be made up in here. Here's what we've done here over the last two days in the bonds up and down, but the real key to this, by the way, our guest today is none other than the Shane Mann himself, the Wolf Trader he'll be on in just a little bit. I want to get the daily chart up here because this is still a valid signal folks. Last night, that was, that was one of our trades last night was we sold the three eight two. Let's just go down to a smaller timeframe to show you what happened. What we did is we sold this three eight two right here. We were stopped out of it right here for 10 tick loss, and then it's continued to go higher, but look what we've got going here now folks. We're still going higher, and if we take this, Shane will be joining us here at the first break by the way, so just bear with us here. He'll be coming up in about seven or eight minutes, but let's look at this. It's important from my perspective. Maybe you don't even care, and that's okay too. Let's look at this daily again. This is where we want to play the game. This, my friends, is a 61% retracement from the high on the 28th of August. There's the 61 at 1609. We're less than a point away. So when we look at this, we're going to blow this up on the 44-hour chart so we can see it clearly, and there it is clearly. So we see we came down. See, last night I assumed that this high was in, and I sold a 382 right here and got stopped out of it. Now it's going higher, no big deal, but look what we're going to be looking at folks. Remember that number we're looking at is 1605, and that's what we're going to look at for right here. There's your AB leg, there's your C leg right here, there's your D leg, and that says this thing can get all the way, potentially, to 1710. Now I am looking at the possible and it certainly could, because once we get above here, it's going to be really interesting. But the key level here is this level right here, 1609. Look at this on the daily, because this is what's important. Remember, mathematics precedes geometry, and there's your geometry right here, 1609. If you can sell it at the 50% level and it drop two points, you can certainly sell it at the 61% level, correct? So there's the level to be watching right there. Let's get back to this, see where it is again. Here's where we're looking at it on the hourly basis, and we're going to go up and certainly looks like we're going to make a new high above here, doesn't it? We're almost there now. So what we want to be watching is that next level, and that is going to take us right here at 1605, 1610. That's where the prize is supposed to be. Let's just move this. I'm trying to get these things on my computer. Even my mouse ran out of batteries, folks, believe it or not. I just had things that just haven't happened in a long time. So let's see what the 1.27 expansion is on this, because that's what we're going to be shooting for. And there it is right there. There's a number right in here, 1610. That's the 61% replacement. I have to do that one. That's basically it now. The caveat is possibly that we have this working for us against us, okay? That's at 1709. That's a whole point from where I get away. But if I'm going to sell it here at 1610, okay? 1610. I'm going to risk 15 pips right above here. So my stop is going to be 1630. I'm going to risk $600 on that to see if it's right, because my minimum price objective on this would be almost two handles down, if that is correct. So that's why I'm trying to do this. We did so many of these yesterday on the live trading thing that it was really a lot of fun. But let's take a look back here to take a look here at this euro because this has really got everything that you could possibly ask for. It even had an ABCD today. Look at this, folks. Right up against that number. So we're going to find out what's happening here. Let's take a break and we're going to have the shame man up next, Mr. Wolf Trader himself. Bear with us. 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. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. 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 thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter, Market Insights firsthand. TFNN educating investors. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Kegstad breaks down the Forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Pound Dollar, Dollar Swiss, Dollar Yen, as well as many more, and he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence Forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60-minute Webinar Archive. He just hosted Forex Strategies and Fundamentals What is Behind the Tiger Forex report. For all the details and to start your 30-day Tiger Forex report subscription today, visit the front page of TFNN.com. TFNN educating investors. Hi, folks, and I believe we have the Wolf Trader himself in the house. Shane, are you there? Is this Duke and Duke? It used to be. Now it's Harry's bar and grill. We just started a new business. I'm about ready to throw this computer out to even my little mouse. I don't know why, but the batteries ran out and it's just been a disaster today for data for me. Thanks for coming in early. I know you've got some stuff that everybody wants to hear, so please start out and go from there if any question comes in. I'll let you know. Absolutely. Well, let's take an inventory of where we are. Last time we were talking about those lows coming in on the Bradley. We'll get to that. I do want to go into order, though, in terms of what we normally talk about, which is the geomagnetic storms, because I think this is important, because this relates to the annual cycle of the Dow Jones. Where are we now? We just hit this peak in October and we're starting to drastically come down here in November and December. It's going to keep falling down through December is the low and then January is still pretty low. That's bullish for equities. That's a good sign. This has been a thorn in the side of equities. We've had these storms that have just come one after the next after the next and it's been just hammering this market down. It gets a lot easier to make money to the upside and I think we're getting closer here to some type of a some type of a low that can take off and rally, but I don't think we're quite there yet. This is the actual seasonal pattern here of the Dow Jones below and you can see it's a direct inverse reflection of the solar storm activity. There's a strong correlation here between the solar storms and the Dow Jones. The amazing thing is that the small caps get hit almost immediately with these storms. That's on a statistical average here but when the storms actually come the markets do flag, particularly the small caps. We talked about this before but we are in a period here. We hit this early right before November this low and it does push up all the way into the beginning of January. From this perspective I like this because we got this off the table now. We don't have to worry about it as much. It's not to say there won't be storms but we don't want to see storms if we're seeing if we want to see a rally in the market. This was just an example of some past examples of storms. I show this just to give people an idea but the geomagnetic storm came here at the top. This was back in March of 2022. We were short on this market for December 2021 all the way down to October 2022 and then we were long last spring and we had a short trade from last June to the end of September and I was messaging Eulera and all these trades to give people a viewpoint of where we've been in the long-term calls but within this long-term call we had these storms and it's really amazing how these markets tend to immediately sell off especially when we were in the bear market context. This was August 2022 and so this was a period we were still short all the way from December 2021 all the way through this period of October but you can see there's these really big rallies and then these geomagnetic storms would come and the market would just kind of falter immediately because we were in this really strong bear market phase when the Fed was contracting and so the market would just kind of in this stage of trying to just throw in these fits where it would try to rally and then it would just kind of collapse. This is where we are right now and so we had a buy in the Fed internals last October it rallied all the way up until August and this is when the Fed internals go into a sell but these storms show along the way every time there's one of these storms or most of the time I would say 8 out of 10 times the market does have a negative reaction to it and so you can see here there was just quite a few storms here during the summer and every time they came it kind of coincided with these peaks now we did have a couple of storms here that seemed to do anything with it in the last couple of days but these were strange storms they weren't in the forecast and they just showed up after the fact they said there was a G2 storm and so I just put it in there so people can see I also put in the solar eclipse here the full moon perigee here and the full moon perigee over here so full moon perigee is a very strong turning point in astrological terms so I always try to plot these on the chart just so you can get a visual perspective of this but I do expect these folks the perigee is closest to the moon right? yes so think about like a periscope on a sub so you have to be close to the surface for the periscope to come up so perigee means you're close so that's how I always tell people to remember it Apogee means it's far away and conservation of angular momentum states that you're going to be the fastest right when it's there and so that also goes with the planetary speed index that we talk about all the time the moon is just one of the factors of the planets so you've got a full moon when it's moving really fast and so when the moon moves fast the markets tend to run up especially a full moon perigee the full moon end of itself can be a turning point but when you get both of those together when you get the full moon and the speed the orbit is not exactly circular so when it comes closer that angular momentum states that it's got to be moving faster when it's closer and slower when it's away when it's moving on the full moon perigee when it's close to the earth there so it does tend to be a very strong astrological marker so whenever you guys see a full moon perigee out there it has a very strong statistical chance of reversal it doesn't always work you can see here we had one over here it went up for a couple more days but if you go back to some of these big turning points that we had there was full moon perigee on the August 2022 there was a full moon perigee here too so that is just something that anybody who has a calendar that when there's a full moon perigee they call these super moons but a time when the market likes to turn especially if it's rallying in the market so typically full moons tend to be tops and it can be it can be the end of a downtrend too but tends to be the end of a trend typically and since the market is usually rallying across time if you go back that's usually a high so that's just something to think about see that looking here on this 12-hour chart I'm going to zoom in just a little bit here this is an intraday we had this really strong rally here on the CPI report and I'm going to get into that in terms of what I think is going to happen long-term but these Bollinger bandwidths I like to look at these because when these are sinking usually it indicates a consolidation of a market and because these are still sinking to me this does suggest that we are going to come down to some type of a consolidation here in the next few weeks I don't expect this lake to keep pushing higher just yet I think we're in this phase of bottoming right now and I think it's going to take a few more weeks but we're getting closer and I think 2024 is going to be a really positive time for the markets particularly the early months we're going to have planetary steeliums and these are big steeliums, these are not little ones we did by the way we did have a little steelium on the day of that rally I'm going to show you a picture of that so for people who are interested in the astro aspects I'm going to show you a picture of that and it actually kind of came together right when we had that big CPI surge so right into here when we had this surge up into here this was the CPI into here this is when we had that little mini-steelium coming in but the fact that those Bollinger bands are contracting I think is a good thing so I'll show you a picture of that real quick here the steelium that happened there now Larry you know the real reason the market went up on the 14th don't you because I was long the real reason it went up on the 14th no it's my wedding anniversary that's why it went up everybody celebrates on my wedding anniversary so oh I think that makes sense hey let's take a break here we'll have shots holding back wolftrader.com 877-927-6684 Capricorn 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 TDX, 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 O'Brien is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com When you subscribe you'll get a weekly report from Veteran Day Trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis. 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I can I don't see any problem but evidently the other person can't so we'll have to wait and see. Let's continue we've got great information here so please keep going. Thank you. Alright so what I have here is a simple S&P chart with the 20 and the 50 day moving average sorry the 50 and the 200 day moving average. This tends to be a popular chart people look at for the Golden Cross this has really rarely been below the 200 moving average since 2009 I mean the market has just been very resilient with a couple of exceptions and there of course COVID being one of them but this looked like it was going to cross down the market had a nice rejection off the lows here so to me I think this market is just looking more and more bullish it's just taking some time to set itself up now if we take a look at the Fed use here this is really the crux of the matter here this is why we had this short trade back here into late June into here we were short all the way down to this level here which was this 42.78 level and so that was a long a pretty long short it wasn't as long as the one that we made from December 21 to October 22 but it was still pretty long and so the reason why I felt bearish on that market is because the Fed internals were sinking and the market was rising so that's what we call a negative divergence there and so that really started right here it started when we got to this it started at this 42.78 and so when those divergences happen the market needs to come back and retrace to those levels and that's exactly what it did it came right down to that 42.78 level and so to me that was the biggest advantage that we had in terms of selling activity because we had negative astro we had the Fed down so everything was kind of pushing down but now we don't have that so much we have kind of a mixed bag here we have positive astro but the Fed internals are still sinking now we actually have the reverse case right now because the market has actually been rallying here while the Fed internals have been sinking so we actually have a negative divergence right now that has to play itself out so I do think this market is going to have to come back down here there's a couple of levels that we've been looking at but I do think it needs to come back down to some degree here before it wants to take off and really get going here I think 2024 is going to be I think it's going to be pretty positive I mean things are set up here I know the economy you know people are talking about recession and whatnot but in terms of what I'm looking at here with these charts this looks pretty positive at this point so you know I do think that normally we have these positive holiday seasonals coming up but I think that because it's run so much at this point and we do have that divergence in effect that I do think there's a good chance it's going to try to come back first before it goes up there's another divergence that I look at and I send you these laries from time to time when I see these this is with the money flows so we had a couple of really nice divergences here that have played out the first letter here on the screen is the letter J and this this was a time when the money flow was rising and the market was falling and so we had a divergence here to this 43 72 level and it you know it has to go back in retrace right when you have the divergence and it did exactly that it came back in retrace then it happened again here with this letter K here you can see that the money flow was still rising another positive divergence it goes all the way up here and it gets past this 43 72 now we have the opposite again here we have a case where the market goes up and the money flow is falling so that's another negative divergence here at that 43 72 level so there's two of these out there so I think there's a good chance we're going to at least get back to that 43 72 level probably a little bit further on the pullback but I think this is all part of the process this bottoming process that we're in right now with this market and I just think it's so impressive that the market has held up the way that it has with this whole tightening phase that's been going on with the Fed I mean they've been slowly trying to you know run off this balance sheet and we did have that little spike back in March with the bank term funding program but for the most part I think the market the fact that it's held up here is a very positive sign going forward Bolinger bandwidths are at a peak here which suggests this this is probably the end of this move here I do think that those Bolinger bands are going to start to come back down into here and when that happens usually we get some type of a consolidation so it would not surprise me to see some type of a consolidation here in the coming weeks as we head into Thanksgiving and then into December so I think overall picture looks pretty positive we just have a mixed bag right now we have negative Fed positive so that's kind of what's happening there but overall I do feel positive positive about the S&P as I do with proxy vehicles like Bitcoin I think those are that's showing us already what's going to happen here in terms of the the risk on type of a trade so right now we do have a negative very short term signal on this Astro into this Thanksgiving period into here and this is the quad lunar cycle but you can see over here this is right over here this red arrow this is the Fed juice here this is still in a cell and then the Fed internals here this is also still in a cell and so when both of these are in a cell the market cannot do any types of long-term rallies so there's really no exceptions to this I mean if you go back to 2009 there's no there's no exceptions to this I mean the market can do little moves here and there but for a sustained big type of a rally you need this Fed internals to be pushing pushing up with the market so it doesn't really even matter if the Astro is positive if the Fed is still in this tightening phase you're going to see that markets struggle to get up and this is not just with the S&P pretty much across the board if you look at long trades across the board because we look at this with our Polar R-squared system almost all the markets have not done well in the long side of the trade since tightening has begun so this is something that affects all the marks the credit conditions affect everybody and so that this is the reason why I think it's so impressive that this market has held up as well as it has so so overall I'm still very bullish on this market so let's talk about the S&P versus the Vixie here this is I follow the Vixie which is a ETF index and we run a Paris trade on this and so you know people like to look at the Vixie as a contrary indicator with the S&P this actually picked up this buy signal here this is a Paris trade that we run so on 1023 this does pick this up it does still have the S&P up here and it had the Vixie in a sell here on 1023 but one thing I do want to kind of caution to everybody is this Vixie is getting down to very extreme levels right now and so we have another chart that we look at where we look at just the Vixie in of itself and it's getting down to extreme levels right now so I think this is pointing to a possible short-term high here on the S&P and I think this could start this pullback here for the next few weeks you can see down here this is the extreme level that this is at with the Vixie down here this is also the Quad Lunar Cycle here this makes a buy on 1114 so why does this matter for S&P because these two run in inverse mirrors and this has reached an extreme stream low right now and so this is a buy until 1127 and so the volatility tends to run counter to the S&P so just something to think about I think on a short-term we could be looking at a high end here but longer-term I still think that election year coming up looks pretty darn good at this point so any questions about that no it's that you've pretty much spot on and you're coming right into the next break so then it works out pretty good we'll have you back in just a minute or two okay I think our break is coming right now if I'm not mistaken let's just double check here I've got 30 seconds left tell the folks how they can reach it take that 30 seconds for a little promo absolutely so you can reach me you lost it we'll trade our future we'll trade our futures.com we'll be right back we'll change the Julian folks for the second half stay with us please 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 possible 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 Basil Chapman and your inbox every day first 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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 folks talking with the wolf trader himself Shane Smolian please continue my friend thank you Larry I just want to bring up a point we do just real quick we were talking about the information we do a webinar each Saturday so this Saturday we're going to do a webinar about doomsday stops and that's a new concept that I'm going to talk about because we've had more and more the reactions to these reports that we've seen coming out CPI PPI GDP jobs have had these just explosive reactions I call these doomsday scenarios where everything just kind of blows through and if you don't really protect yourself with the stops and control the risk it's a huge problem so I'm going to talk about that because this is a relatively new phenomenon we used to always have the jobs report that would come once a month that was explosive but and of course the Fed meeting but now we just seems like this happens like four or five times a month now so we really have to be on guard with the risk on these on these types of scenarios so just wanted to kind of put that out there for everybody that that is coming this Saturday so it's a risk control focused webinar so that's going to be Saturday at eight it's free to everybody you can just come out to YouTube and join us in the chat all right let's talk about some Astro Larry what do you think Astros good I'm on I'm on board buddy let's go all right I know that it works yeah I thought this was interesting this was on 1114 this was the day of the rally now this was a steelium that just came together pretty quickly I mean it's not like you know when we have in January February we have a lot of these just sticking around for weeks and weeks this came together for a day you can have these four planets we're all working together in the steelium and they were opposition Uranus Uranus tends to go either way it tends to go explosive either up or down it's very unpredictable so I felt like that that was a classic signature of Uranus energy on the market we just got that explosive move to the upside like I said a doomsday scenario if you're trading this and you got to really keep those stops extra extra tight I mean really tight on those days because those days are here to stay the computers are here the AI is here all this stuff is here so the volatility is very high we get these positive feedback loops that come into the markets and they cause they cause things to just really go haywire so this was the optimized Bradley we talked about this last time we said we were coming this is the actual charts I'm just showing you the chart from last time I was on the show so you can see on the left side here this is the Bradley we talked about this last time I was on the show just to kind of refresh everybody's memory I stopped this in June okay so this all of this information out here was was out of sample information in other words it's not a back test it was actually running from this date here you can see forward and so last time I was on the show just to kind of refresh everybody's memory here we were at this low in the in the optimized Bradley which was the letter for here this was making this low right at the beginning of November here okay and then it was forecasting a rally here this was an as this is an astro forecast this is not a fed forecast this is just astro but this optimized Bradley is is specifically optimized for the s&p so it weights specific planets in different positions and it's it's to you know I deal with trading systems all the time and so to have a system like this that's able to just keep going after you stop running the test and this is all into the future it's pretty that's pretty amazing I mean it's a very strong indication a lot of times and people do back tests you know they're so obsessed with saying oh is it statistically significant what is the chi square say what is the t test say what's the z score what's the Poisson distribution what's the Bernoulli none of that stuff matters because the past doesn't matter at all what matters is that it can keep going into the future so it doesn't really matter if it models it well into the past you can have all types of models that look statistically significant in the past it means absolutely I'm going to show you now what this graph looks like with with this month's actual data and so take a look so take a look over here this is the letter four here this is the last time I was on the show and you can see here that the market came into that low exactly at that low of the optimized Bradley so it just continues to model this market very well from an astro standpoint now it just going to measure the turning points this the scope and the strength of these moves is going to be largely dependent upon what the Fed use does I mean once the Fed turns this back up you know I don't see anything stopping this market I mean I think I think there's a lot of with the Fed is you know they're just to have a lot of room to start cutting inflation is coming down we were down to three percent there is a lot of room here for the Fed to maneuver and to help this market get higher so I just think that what we're waiting on right now is just this Fed activity to start to turn up so I just wanted to kind of go through that with everybody just because it was it just did such a good job I mean this was this is another vantage point here where we looked at some larger term moves you can see this was the optimized Bradley over here on the letter E was the low on November and then once again you can see it just picks that low up just very nicely so you know sometimes it works better than others I mean but this was a specific time where it did it did pretty good so I'm happy with it I Larry I've sent you two charts already for what was it was for golden the tenure I sent you sure was yes so we were very good starting to put these out for all the symbols that we have and those those show highs coming in I think gold I showed it shows it coming in pretty soon here and then I think the tenure in another month or so something like that I have a question sure is pretty soon an astroterm you got to give us a date here Bubba pretty soon don't cut it I want to know the time of the day to the second well let me see if I can get to the minute I'll tell you I gotta look at this ten year chart doesn't load anyway and I get this to load I'll put it out oh here we go the ten year has a high coming in I think it's around December the 12th and then the metals has gold high coming in I think it's November 19th it's like three days so gold has it topping sooner I think that makes sense because if the S&P starts getting stronger stronger I think gold is going to struggle because I think Bitcoin there's two things I want to talk about well first thing is Apple here so let's get to Apple real quick so what you're looking at here is the wolf trader wave this is a wave function that I've written I wrote myself that it uses machine learning to get these forecasts going this is in line with the forecast for the S&P to pull back the way that this wolf trader wave works is there's specific time segments but for the next up wave to start I programmed it in so it has to work with RSI so this is a weekly timeframe so this is weekly and so what happened here well Apple was in this down wave here and the down wave is not that long and so the down wave ended so it's not in an up wave yet what has to happen is Apple has to have a pullback here on this RS this is the weekly RSI so this pullback level is at about 42 it's currently at about 71 so once this pulls back to 42 Apple will have the green light here for the next leg up into this bull market here so I think that goes nicely because it's going to take a few weeks for that to come down to 42 from 71 and once that happens the wolf trader wave is forecasting the next leg up in Apple and Apple is very important because it's a bellweather stock into all the technology sectors and I think the Nasdaq is something to look at because if the Nasdaq starts to get strong ahead of these other indices that's usually the signs of a bull market so I do think that this goes in line like I said with the S&P forecast that we're going to need a little more time here but we're getting closer we're definitely getting closer here and I just think that fits so nicely if the Fed does start to come down here and they do start this cut cycle I think that's going to be just really good news for equity markets so here's another one that I'd like to look at which is Bitcoin we've been bullish on Bitcoin the Fed use has been in a buy since 829 and so these blue arrows are the quad lunar cycles to me this still looks very bullish here and so I think that this is forecast or pointing towards a risk on type of coming in stocks so Bitcoin can take on many different meanings it can take on a store of value it can take on a currency it's done a much better job in inflation hedge in recent years but it also can become a risk on vehicle and so 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 with the 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 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and become a part of this educational community of traders just visit the front page of TFNN.com Don't forget you can listen to TFNN 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 we're back folks speaking with Wolf Trader Shane's million dot com tell us about your upcoming video that you're going to have and how the folks can reach you Shane for a sample copy of your newsletter absolutely you can visit me at WolfTraderFutures.com and you can reach me at Shane at WolfTraderFutures.com and it's also www.fedgeus.com and the YouTube channel WolfTraderFutures we have the webinar each Saturday so don't miss this Saturday it's going to be Doomsday stops this is it's kind of a new phenomenon I'm going to talk about this but we have to deal with this now five or six times a month with these extreme volatile moves so it's just going to kind of look into kind of a deep dive in analysis into how to kind of tweak your stops around this and just how we've been dealing with this on these highly volatile days so that's what it is so it's each Saturday eight o'clock and you're more than welcome to attend it's free to attend just show up and we'll see you there. How do they go online to do this or do they go to your website or how do they do it? Oh it's just on YouTube I just post so what I do okay each morning it's eight o'clock if you sign up for the YouTube channel you get a notification it's on Saturday at eight o'clock typically it's eight o'clock and then it's open eight and they can chat and ask questions in the chat section on the webinar and they get free to attend I usually leave it up for a couple of hours because there's some people on the west coast that don't wake up as early but we have people also in Europe and Japan so I try to make it at a time where people can come in at eight o'clock and then the archives of the webinars are going to be on Patreon after a few hours I take it down so I try to leave it up for a couple hours if you want to come by and see it but we're there every Saturday and so we have a good time we'd love to see you there and chat in person By the way Shane there are people on the west coast that don't wake up at all not even at ten o'clock anyway listen we'll have you on again soon my friend live every day and the attitude of gratitude and may God bless Thank you Larry You bet Shane Smollion folks stand up guy we'll see you on Monday folks day off tomorrow and we'll see you Monday may God bless