 Let's get over to our man Mr. Basil Chapman as we do each and every Tuesday and don't forget folks Basil does an outstanding show here Every trading day 10 to 11 East and standard time and coming up tomorrow You can be a subscriber of Basil's and he's going to be doing an outstanding workshop for you That's going to be subscriber workshop It's going to go from four to five thirty East and standard time and it's very easy to be a subscriber folks Okay, the bottom line is that the opening call comes with a 30-day money-back guarantee You can come over to our website at tfnn you're going to see it right under featured content the opening call Subscribe a webinar bottom line you hit that baby. You're going to subscribe You'll get the opening call for 30 days For $149 you can get it for six months or 695 you can get it for a year for 1195 If it works for you awesome if for some reason it doesn't folks you can cancel it on the 29th day Guess what you got a great newsletter You have a great workshop with Basil tomorrow, and if you can't make it in person folks We have some great technology you can go over and over on your page as many times you like Basil Chapman. What's going on? Hi, John. How are you? I'm doing great man yourself very well. Thank you Well first Basil can we talk a little bit about what you're going to be teaching tomorrow? So that the folks can get an idea about it then we can go over some of your charts. Is that cool? Absolutely, so there are a couple of things that are going on. I'll just get this right away. There it is Right, so it's the power of the 914 Exponential moving averages and other indicators in the Chapman wave methodology So I've been discussing with you just for weeks How I've used the nine period exponential moving average to tell me that the doubt We're starting to roll over the other indices that already started rolling over Then the other indices first went to sell signals waited and waited for the doubt to turn around and finally it did so that was just one thing that I did live on the show all the time I actually did some today during my show and What it does is this? Within the context of the different techniques that I've used I've tried to simplify for this particular one just to go over and over a Few of the techniques that have really worked. Well, yes So the one is this nine period moving average over the 14 and what I had done and I've shown this to you umpteen times Oops if I can get the right one there it is because I showed you this Dow chart with just these three lines The gray line is the Dow price closing price and the green line is the nine period moving average It's green when it goes above the 14 and that's pink when it does You don't have to have the colors or anything you can have a dashed line or a thin line that crosses over the thick line It's a very simple technique. They can just put it on your software every software package has it and you can use it So I'll teach you how to use it and what the benefit is So we waited and waited and I discussed these tops I don't have to go through that now But what I was waiting for was a confirmation of any cell signal but to get the cell signal you need other tools So I used another but well I used two tools one is yes the Dow chart on the left is the day This is the weekly this is the monthly and So I'll be teaching this there's this one-to-one extension from a falling axe pattern That's I don't want to go into that right now because I can do it on my show tomorrow at 10 But look at this one-to-one expansion from the Dow low of 25th of May to the high of the 16th of June then it pulls back to the mid-June low of 5336 and then look what happened it goes in an almost an equal measure to the upside The whole thing about it's got this parallel degree of angle So what happens is this sort of set me up to say hey now you can start looking for a cell signal If you follow this blue line look at this blue line the way it gave you this exact low right there that exact low And I was waiting to see if on the August the 1st my anticipation in a shorter time frame was that we were about to make a turn So we actually went short the Dow right at the high of August the 1st and Look at this blue line this on balance volume. This was to the exact date look at that reversal right there Good old Joe Granville That's Joe Granville, but what he yeah, he did live to see it put into software But while he used to add up those you know 36 million five hundred thirty plus whatever because it's a running total Yes, and it means if the bar doesn't have to be a day any bar if it closes at the high You add it to your running total if it closes at the low you you subtract it It's a really simple technique But look and most people say you cannot time the top you cannot turn bottom this one got it exactly So we use that as an indicator then the other thing is this I'm going to teach how you can use the symmetry of the number of bars to the upside to the number of bars to the downside to get To an important level of support or if it's a cup formation to a level of Resistance so these are very basic tools that I've used for a long time subscribers know exactly how we're using them So when you use it'll be in video will be giving its earnings report after the bell tomorrow so we'll be able to look at the S&P e-mini and do the one-minute chart as if it was a dating chart just do the same thing after hours But I'll also be doing fixed on have charts that we're looking at but I'll try to do that because if you can show it live And it works for instance We're always looking for a peak D in the chaplain wave methodology and right here I can show you in the yeah, it's pretty sweet that in video is going to be coming out the same time you're doing the Workshop thousands I mean, I didn't know that at the time But it's great because this is because we are short the estimations. I'll talk about so We're always looking for the fourth highest peak where you can get a serious pullback I guess the five-minute chart of the e-mini. This is live. Here's your peak D. That's the sharpest pullback we've had in a little while so these are I trying to make it as as Practical as possible sure as simple as possible We're in how to use the 200-period moving average the 200-period moving average you're just sitting there They're umpteen charts. I actually showed doing my my Showing when I sat in full Larry at one o'clock today how they went to exactly the 200-period moving average There's five-minute chart that I was talking about here. Look at this five-minute chart Right at the five minutes it turns around at the 200-period moving average it turns around So these are very practical things and for subscribers. I'll be going through different charts what we have As I say we let me just do this again I'll show you that we are short the Dow Whoops and you've had quite a pullback in the Dow and it's still showing weakness. He has the Dow chart We are short the SMH is we actually aggressively short We've been taking a little bit of that aggressive aggressive part off because we had really good profits in the S o x s that's the three times. So we've got a core position from Which would be just about the high right there. That's where we short the SMH the semiconductor van Eck ETF All-time I was 161 point 17 on the 31st two days later before the opening We went short and we still short and so we're looking at a very practical use of this whole thing Whether it's long I have for subscribers. I like to have Low-price stocks as well as any price that there is but I also like to have the local instance. We have this Euc Which is uranium energy core now. I like to look at look. He has the same practical thing Look, he has the nine-period moving average. Look how strong it is And look how the price just keeps coming down to the 14 and uses the nine as a springboard to move higher Now it's just about to bump into resistance. But look at this timing of the cup formation This is I'm going to show the symmetry how the number of bars on the left side can match the number of bars on the right and that says that by the 15th of September 4.30 should be achieved in the UEC chart and folks stock at four dollars It's very easy to get basil's newsletter commencing a workshop tomorrow come over to website at tfn You're going to see it right under featured content. You hit that button subscribe You're going to get a great newsletter. You're going to get a great workshop tomorrow afternoon As Nvidia comes out with earnings you have to love it guys. I have a great one safe one We look forward to show you the webinar tomorrow. Thank you very much