 The following is a presentation of TFNN The power trading hour with your host David white Call now toll-free at 1-877-927-6648 or internationally at 727-873-7618 now David white and Welcome all to another excellent edition of the power trading hour And as always it doesn't matter what you're making money or losing all it matters You're here at the appointed time The following takes place between 2 p.m. And 3 p.m. So I do want to respond to that Okay, I'll get that back anyway Got a market on fire and What else do we have here down 155 on? Is that right? Let's update that just to make sure Yeah, down 155 on the S&P cash dows down 1087 NASDAQ down 538 Russell the down 63 So pretty much along the board three four percent NASDAQ of course worse of the bunch out here and What else can we say other than it's a dangerous market? I do want to get into a few things See what it is the trend is your friend. We've talked about how this is a bearer market Um, I talked a little bit about the risk reward on Monday in the newsletter And that is we were going a little higher or a whole lot lower But there was an 80% chance. We were going up a little higher and a ton of Risk to the downside If we were going lower But probably the most interesting thing today Was my I think was the newsletter before everything Started happening and I wanted to kind of get into that In the newsletter this morning, I had a bunch of charts so let's get them up here and To a one they were all doing kind of the same thing. I'm watching my Sector oscillator charts and yeah, where you bouncing off the lows you were but to me It was the trend lines that we were getting hit on about 25 of the 29 sectors that I watch the X M E Right up to the trend line We had almost all of these doing the same thing the XRT right back up to the trend line down Consumer staples a little less perfect, but this thing was actually a little bit Little bit more along in the tooth than some of the others the defense sector right back up at you again You probably need to be watching in the den or on YouTube or whatever but pretty nice trend lines That we went up and just kissed yesterday and didn't have a lot more volume I wasn't getting a lot of signs that the bottom is going to fall out today But the opportunity to go much higher You're going to need something some kind of catalyst but when every I'm not gonna say every when nine out of ten sectors and I've got about what 20 I've got about 30 Sector charts in every day. So I think 27 of the 30 had some kind of line whether it was the junior gold miners or whether it was the building material folks The REITs every one of them the REITs actually Had maybe the only candle that was a little bit bearish going in so again There wasn't a lot of signals out here other than we knew that we were going into these trend lines on the way down The broker dealers the XLF, but just how many of these We were in and looking at that. We're going right back up the IB be The software sides. I'm just showing all of them here So you can come back and look at them if you don't get the newsletter But everything was pretty much right in these trend lines all the way back up the internet PNQI for that one The technology sector all these things that just bounced up And we're nothing more than dead cat bounces and a downtrend that we now see today The cyber security stocks. Well, there shouldn't be anything stronger than them today And they were kind of weak going into those the semi-conductors Just a hint that maybe things were going to be better They did close just a hair above the trend line down yesterday Now the Russell One of the better ones and I like it because of course it's got Dardener 2000 stocks in it. I think 1920 or something But certainly another one of these things where you just go in and go, okay That's it anyway oil services oh, I H Okay See what else says out here He had just a little bit above that we'll go through the responses today, but this is the charts this morning the one That actually looked fairly good was the XLE, but it's kind of hit the trend line on the way up The down Dow transports exactly on the trend line The Dow 30 on the trend line down the NASDAQ right on the trend line on the way down The NASDAQ 100 accused exactly the same thing the spies almost exactly I haven't seen this I don't think ever I've don't think I've seen you know 20 of these 30s all giving the kind of signal much less 25 or 26 hitting those trend lines on the way down Maybe that'll be something I'll ever do but it's been 1998 since I've seen this I wasn't bullish. I thought at best we did 4100 on the S&P cash And the downside for options was showing something like 4,000 So today is a surprise not only for me But option market makers were not you know, they weren't very bullish higher than we closed yesterday But they thought 4,000 was something that that could old So we've got something going on in the market a lot of times If you're not a slave to the tape by the time you wake up. It's another problem But you know what? There's always another trade. You don't always have to be in the market and You trade what you see as Larry likes to say I didn't hear anybody tell me that we were going to be down 1,100 points in the Dow yesterday But a lot of people believe that you will know all of those things. I could see maybe a bit of a bullback I was pretty sure we weren't going higher. I was actually hoping for a rally into Afternoon that got sold off, but hey got target Target dropped the baby Ruth In the punch hole they dropped the chalupa That's all good everybody started to figure out We'll be back in a minute. Coming inflation. We are purchasing powers eroded There's no better place to protect your harder and money than in gold This the gold flagship asset is the Monk Todd Gold project in the Northern Territory of Australia This is Australia's largest undeveloped gold project. 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But seeing little to no return or are you a successful trader simply looking to make your job a little easier Learn to take the path of least resistance with David White's powerful trading newsletter David White is an accomplished trader whose deep understanding of technology and the markets allows him to consistently find And share winning trades support and resistance Define the ranges in which stocks trade by understanding these trading ranges David White is able to find the path of least resistance David White's trading newsletter the path of least resistance is delivered daily Before the markets open to make every trading day an easy win Visit TFNN.com today and subscribe to David White's ultimate trading newsletter for $119 a month and try all of our newsletters risk-free with our 30-day money-back guarantee Take the path of least resistance at TFNN educating investors 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 a frequent contributor to TD Ameritrade Network and CNBC Tom O'Brien found a TFNN over 20 years ago to help educate investors just like you Tom's daily market newsletter market insights is published every morning when the markets open to give you the competitive Informational edge you need to succeed These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio Get Tom O'Brien's newsletter market insights today and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com TFNN educating investors at 1-877-927-6648 internationally at 727-873-7618 Question about the XLE. Well, you got a light volume push higher this morning. You've got a pretty bad in In closing or not in closing a dark cloud cover On the highs here. You needed or wanted probably something in the neighborhood of 47 million shares To the break higher. You had about half that so You know just the overall market We've talked about it in the last couple of weeks when we've seen bear market raids on the market and that is they sell what you can because a lot of stuff you can't sell at all and That's not gonna change So I don't know what else you can do other than Say that sometimes if you've got to be long Maybe there's a good time to go fish I don't think until we get something in the last few days We talked about all the double repo patterns that I would have liked to seen at the lows We're probably gonna start seeing some of those but in the meantime What's gonna look at some of the Yeah, what is going on here? Yeah, okay Wanted to see what some of the big stocks were doing in the volume So far on Apple You did get one day above the three by three yesterday. You're now back down The previous low was a hundred and thirty eight dollars and eighty cents with a hundred and three a hundred eighty three million shares You're only doing sixty two million shares now So when I've been talking about a low is not a low until you retest that low on a lighter volume This is what I'm kind of talking about. So could I be the most bearish person in the world right now? I could be But it looks to me like it's a market of stocks and not a stock market at least for Apple I would not be surprised to see some kind of rally into Friday's clothes And that may be one potential play for me Microsoft same kind of thing got fifty one million shares at two hundred and fifty dollars Fifty one million shares. We got 14 million shares today. So is it the end of the world? Well, certainly for some things But a low is not a low unless it's been retested on a lighter volume other than that It's just a low. It's probably gonna get tested somewhere down the road But this actually is probably better than dragging out for a long time and making it problematic So not as bad as one would think One of the reasons why I Probably don't have any trades on today Although I saw that is why I didn't see a lot of signals and to I'm not a big fan of being short at the very end of some kind of move and I think maybe we're kind of there. I think maybe we see some kind of low maybe on Friday morning sets up a little bit of rally on Friday afternoon and Then light volume all the way through next week, but we shall see but at the moment At least on a handful of stocks It's not the same kind of thing that we see I always loved it in the always loved it when sports announcers say The score did not represent the play of the the game that we saw I always always love that doesn't seem to matter does it but maybe this is one of these things where In the market that we are starting to see something That's a little bit of divergence and that might make some kind of low out here That is viable for a little while Again, I'm looking for some kind of big change in the market when we come back from the three-day weekend I did send something to somebody during the break, which I thought was kind of interesting He says really okay question about actually in video Research note Wednesday's markup as of suggest a retail for a video cards decline from a high of more a hundred thirty percent In mid 21 to 78 percent January and 23 percent currently Well Yeah, it has but I don't know how it affects in video. They weren't getting those Markups for the most part. They were making a lot more cards that were slightly more expensive with different names on them And capturing some of that but at the same time that was because there was a huge ship shortage And they couldn't ship everything they wanted if they could ship all the $700 cards That they wanted today. I think they'd be more than fine Still a little bit of problems But as I said, the bigger problem I see in Nvidia is that they've announced all these new cards And now everybody's kind of waiting and we've talked about the Osborne effect a great deal But on this one the same kind of thing Uh About half the volume of the last few days out here So is it as bad as everybody thought? No, I would love for it to test like 162 50 on light volume Any move back above that may get us the kind of Bear market leg that isn't more than or that is more than just a couple of days So, you know what this is kind of at least in a small amount of time Something that might end up being capitulation enough that we can have a rally And have it for a little while a little bit larger than I think 877-927-6648 What else do we have here? Let's take a look at AMD A lot of these things are actually massively shorted AMD Kind of pulled back today got to 104 22 At a high and rolled over But volume is only about half of what it was yesterday Now I would still love for this thing to come back down in the low 90s and give us a real clear signal That the low is in it's got a low at 83 27 But it continues to be shorted at 40 or 45 a day It may never get there. How long have we looked at? Stocks like GME hold up because people just will not quit shorting it Even on some of those stocks, which is kind of amazing You would think game stop would have a worse day today If you took the name off the top of it And just looked at the chart and saw that they moved back from march 29th They had about half the energy of the move up from march 14th to that march 29th high I think a lot of people would be shocked and yes, it's a worthless company But it doesn't matter if everybody's going to be short the thing People will turn it into a bitcoin or a beanie baby or tulip or a dot com from 1999 It doesn't matter things that trade with zero value can still go higher And this isn't a horrible chart Which is absolutely amazing If like I said a lot of times if you just look at charts without the company name on it How would your perception of that actually change? I know everybody wants to is looking out here and saying this is like The worst thing in the world, but generally When everybody's afraid You want to be kind of greedy you want to be greedy when everybody's afraid? 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We are so confident that you're going to love this new charting software that will even give you a 30 day Unconditional money back guarantee don't miss out on this incredible new piece of software Get your copy of the art of timing the trade charts today by visiting tfnn.com This segment is brought to you by think or swim for more information Just click the think or swim banner on the front page of tfnn.com As we come back, we're looking at some signs out here that may be a little contrary to what many think and as I said, uh Lows are not lows until you repeat this about a thousand times till you get it right Lows are not lows until they've been retested, especially in a bear market But uh, you know what? they're selling some stuff, but some other stuff they are not and uh We'll look around and see what else they're not selling to any extent and stuff that might look a little bit better Uh, one of the things I also thought was interesting on the day Uh was that the tlt out here? Um, we were looking for some kind of and here's the kind of bounce you start looking for Uh in a bounce as I said, uh Uh You want to look for all these days, uh below a three by three or nine day moving average a few days above them and then a pull back Now it's not a lot of volume out here in the tlt Uh, but if you were short in thinking that maybe it was time to get out or looking for a signal You get any clothes, uh in the neighborhoods of 116 and a half 117 over the next couple of days in the tlt And you're probably going to run back up to 120 121 So that may put a lot of different color in the market than you see today Uh other stocks that uh got blown apart um Or etfs Um, some of them are not that bad But again, I would love for the next couple of days. Maybe end of Friday morning come back with very light volume Um in the ibb you've got your initial bounce. You want it to pull back and have very light volume Maybe it takes uh the next couple of days. Maybe it takes the next week But you could set up something very nice if we don't get the volume again I'm not making a projection on that. I'm just saying that today Last three or four days the volume has done nothing but go down as we got to the highs um a reversal today with the uh Dow down 1,100 points You would think that probably you would get a little volume in some of these efts and you're not getting them Uh, what does that mean? My guess is that there are some Efts where everybody's throwing the baby out with the bath water But if we look at the spies today last major low at 385 At 125 million shares in it uh today 60 million shares So we're you know, you're kind of just in the wick of that low But for me This is actually a fairly bullish signal in the short term. I'm not going to say the bear market is over I am going to say though you could have a meaningful and long uh move higher We've talked about wycoff and james wycoff and how He had a term which was automatic rally and that's a rally without any preparation or anything else uh what he traded Were these bottoming signals on lighter volume where they bounced then they came back And lighter volume again and guess what everybody knew with half the volume That there weren't that many people willing to throw the baby out with the bath water this time But again, we're pretty close to a low out here. Everybody's fairly bearish I don't want to get too far ahead of yourself Warm buffett is great for saying that the stock market is a mechanism for giving People with no patience Money to the people that do have patience in the money So I see nothing out here that says you want to get froggy today But uh a couple of days or maybe even into the end of next week If you can hold these levels with the volume all this kind of disappears Uh, it could happen at any time. I'm hoping for a friday move so that we could pick up a bunch of calls and clean up 877-927-6648 Uh, what else do we have? Uh, can I look at gold gld? All that glitters is gold. Uh, let's do this Uh Okay Well It's just in line But it doesn't look that bad. Um, I would have liked to seen a little lighter volume back at 168 in the gld But it's not bad Uh, you wanted to see you wanted something less than 16 million shares and you got it Um energy did decrease from the first leg down to the second leg down You're probably somewhere around support Uh, if the market starts moving And the fed isn't as aggressive. Maybe this is where gold could start moving But just like everything else out here, there aren't a lot of good signals that tell you To do much of anything at the moment Uh question from rick about micron. So we'll look at that real quick To do and we got some other stuff out here Okay micron and you got Kind of lighter volume Last uh move up gapped up on the 13th of may you did so with uh, 23 million shares You're down with 13 million shares today so You know, you have a fairly good low in micron already march 15th. You had 25 million shares at 68 bucks You got down to 65 86 on 17 million shares so seven million shares lighter You even had one more retest out here It did get 27 million shares, but most of that was from the open And higher and then you gapped up the next day So could you pull back a little bit? Um, I would love a 68 dollar print on micron to go long if volume remember Remains incredibly light as it is today But again, I don't think there's a lot of reason to get too froggy today There's some money to be made But it's probably Not going to be today Unless you are already short and you discovered then you will have made your money Okay, what else do we have a question on ccj? Again, you can email me at path at tfnn.com Okay Not bad You had nine million shares last low got about five million shares now Man if this could get 21 21 50 ish Uh, this may be fairly good. I think energy is still going to be used I don't think anybody's going to stop driving cars may drive less Uh in this thing, I think china wins they get back going I think there'll be a lot of energy used. I think right now it's just weak On the uh, covid closures, uh in china And just a I think a lot of this stuff is a gift If you get an opportunity to buy it But not probably today question on u and g Um, what do we have going on up here? Just a safety trade. I really dislike. I mean, I hate The energy uh from the may 10th low on this No sign yet, but man, I probably would be taking my money and running Uh, I don't know why this thing and stuff. I'm such like all you you would have been Happier if it just went sideways unlike Going up. We'll be back in a minute 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 727-329-832-22 Or email us at tiger at tfnn.com that's 727-329-832-22 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 today's markets and tomorrow's future David white has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only 37 and 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30 day money back guarantee tfnn educating investors Are china a shares hot or not if you trade china a shares now may be time to take a closer look trade chau or chad Directions daily csi 300 china a share bull and bear etf's china a shares in either direction Visit direction investments.com 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 eight six six four seven six seven five two three 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 and hit watch tiger tv. That's tfnn.com and hit watch tiger tv You can email me at path Okay Tara asks What we should look at in amr. I don't see an edge either way out here You're looking for some kind of signal. You have a higher high. You have a Uh Higher low you have a lower high and now you're going sideways so I don't know how you Say, you know a boat that is stopped with no wind We'll make this a sailboat You need at least a little bit of wind before you're gonna figure out where you're going and all this thing is doing Is going sideways not going lower or not going higher So i'm gonna say you're probably gonna wait and sit back and this is gonna break out and have a big gap one way or the other And probably fade that gap move if the gap's down, it's probably a buy if it gaps up. It's probably a sell but Going sideways In a triangle formation with Lower highs and higher lows. I don't know. I've never been able to come up with a great Read on those particular stocks um As they say on wall street change the name that is uh, there are a lot of other ships A lot of other ships. There are a lot of other fish in the sea. I'm mixing my metaphors again Uh, okay Uh, what do we have out here? Um What's my read on this? I think a lot of people just want to get out of the market And go to the hamptons. So we made this bc and people saying, you know what? I'm gonna get out I'm gonna go enjoy my life at the hamptons. I'm a big hedge fund. I'm gonna go spend some of my old gotten money Because I've been long Forever and You know what I'll come back in june and thank again but uh Yeah, I just don't see a question about what the volume tells us Right now we're just doing 8.1 billion shares On the cboe consolidated tape if you're interested in what I look at for volume Email me at path at tfnn.com. It'll be glad to give it to you But this is a a huge move on extremely light volume even uh for the total volume and Could we have double the volume in the last hour and 15 minutes that we have now Is that ever happened before? I think maybe once or twice It's exceedingly rare But that might make me change my mind. But like I said probably out of 20 years The time that we doubled volume in the last hour and 15 minutes Which is what we need to do to get to the volume we had at the previous low And even that would be a little bit shy uh is going to be I don't know I think we probably have to be hit by a meteor. There'd probably have to be a launch of a nuclear weapon I don't know what else that they could throw on this market to double the volume before the end of the day but I would say the chances are I'm going to say three percent 97 percent chance that we end up with 12 Maybe 13 billion shares on the day opposed to the 16 18 billion shares that we saw On those lows before so again, if we're going to hit these lows on lighter volume and That's a lot of the The worst stocks the best stocks as we went through already Not a lot of volume qqq's not a lot of volume. Let's check back in real quick and see Uh, okay, so what do we we had 121 million shares? What do we have now? 52 I mean, what's the chances of us more than doubling that? That'd be 52. That'd be what That'd be 120 of the current volume in the last hour and 15 minutes I don't know what what the headline would have to hit To get that we are back kind of rarely at the disc of the top of the cues out here Do I think it's time to buy? No But uh, I think we could get into that low 284 94 before friday And uh, that may be the washout that I've been looking for which is a retest of the previous low on lighter volume Now that would be something that you could sink your teeth into My guess is that nobody in the world wants to buy on friday and maybe the reason that why you want to uh some PLTR out here for frank um Again a lot of these stocks Gapped down. They've been on the sell side for a long time. You don't have a lot of volume today. I would still love for uh PLTR to get below the three by three for a day or two and then Buy the next move higher if volume continues to be this light um At best you went sideways out here But uh, you know what you have, you know, if you could buy it under eight bucks Uh, could you get a pop to 10 bucks and make 20 percent on it? Yeah, I don't think I I I I know that you're gonna have huge amounts of resistance at 10 50 So any buy in some of these things you have to know Uh, how many people are going to be hanging out when we do bounce? Uh that want to sell Okay, what else out here? A question about William Sonoma Probably on the basis of the housing numbers this morning, uh, just gap down Pretty brutal Some of these stocks are in the no fly zone on the no fly list And certainly if you blow through lows as you have today with William Sonoma You're really looking for the next opportunity Uh in the lows that is fairly uh out there in this case you blew through the 115 February 23rd low of 2021 Got to 107 98 so you blew through that so where's the next big low? Uh $79 and 29 cents Um on the longer term So yeah, could you get another 20 bucks off this again? Uh Just know that certain parts of the market can bounce and certain parts cannot and if you're tied to homes Um problematic Uh, do I see any reason to start bottom fishing on walmart or on target? Uh, I see absolutely no reason the only good thing you can say About all this action Is that you finally got back to this high volume day when uh, walmart had one of the biggest days it's ever had That was on july 7th of 2020 Uh, the high of that day was 123 Uh, you got to 121 with 26 million shares That move up and a gap that happened a few days later was on 31 million shares So Am I predicting the end of the world for walmart? No Yeah, there's just too many people out there like buffets that might probably sneak along Are you gonna make a lot of money on it? Probably not in the next quarter I'm gonna could you make a little good, but I think there's better fish in the sea for the bounce Uh, when we come back it'll be the two minute warning Not here keep a close eye On the volumes go into the day Uh anything today probably not we continue to see very light volume I would love to see just the most respondent people in the world Friday morning back in the morning 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 the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts To help you make the right moves with your money Watch online at tfnn.com or on tfnn's youtube channel and become the investor you were born to be 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 basal 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 basal 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 Everything in the universe is governed by the fibonacci sequence This mathematical principle 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 seven newsletter at tfnn.com When you subscribe You'll get a weekly report from veteran day trader larry pesavento on stocks You need to pay attention to and you can trust larry's analysis After all he's got 45 years experience as a day trader larry will also provide daily charts videos And data on the key markets that he's tracking expect notifications from larry on market movement You need to act on at any time 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 Subscribe to the fibonacci 24 seven newsletter today tfnn.com educating investors Catch toml bryan professional trader and educator founder of tfnn also a special guest on cnbc Tom will bisect and dissect the markets the toml bryan show next on tfnn As we come back For the wrap up of the show Do not let your heart be troubled Either at the heights Of the highest prices or at the lowest lows There's always tomorrow And everybody tends to get wrapped up in what's happening now And uh, this is really a good time to start thinking about what happens next and Why I can't guarantee you very light volume lows in the market We got some right now So we'll see how the market closes does that mean that we don't have to test the lows the answer is no I've wanted to test the lows Nothing could be better than if we hold these light volume lows retest them And close back above them and so far that pattern actually looks fairly good so I think everybody's looking at a Uh a market in which We're more than likely going to make some kind of low It's probably going to be an important low I mean in time And at that point most people will say the bear market's over We'll get another month or two down the line and the next big move will come Uh, and we'll probably be able to predict that move right now. We're seeing a lot of noise Uh as uh Steve rhodes said in the show before us There's probably a lot of other things going on out here that can destroy technicals Uh in the short term, but if we bust apart the rest of the market Uh into some of these other sectors it looks a lot cleaner and again The volume out here is surprisingly low We're going into the summer where volume is going to shrink too And there's the old chestnut That uh never want to be short to quiet market. Um, anyway, we will uh We'll be back tomorrow same bat channel same bat time remember to sell when you can not when you have to Everybody's doing that today when they have how painful is that? We'll be back building wealth trading in the stock market seems impossible