 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento all 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. Welcome to Happy Friday as Al always says here at TFNN. I posted the chart for the DAX as you can see with the things happening in the UK. It also affected Germany to some effect but it actually has had very little effect in Great Britain as of yet. But I do have some comments that I get from my friends. I have two friends that I actually there's three. Tom Newgard doesn't care much about politics much like I do. But let me explain to you what they have told me then we'll go into some of the charts. But basically what Boris Johnson has done is that he has done something that hasn't been done in 84 years. He has a bigger majority now than Margaret Thatcher had that hasn't happened in 43 years. That means anything he wants to push through Parliament can go through usually pretty easily. The biggest part of this thing that happened yesterday was the fact when Scotland, Nicholas Sturgeon evidently got a huge majority and now Scotland will most probably be moving towards moving out of the European Union also which is incredible. This was such a landslide that it caught. You can see from the way the markets reacted that it was truly, truly amazing. Now let's move on here to the British pound because that's where the real skinny hit the metal here. Let's get it up here for a second. I think I've got that big one in here. Oh, just give me a second. Where is this darn thing? Oh, dog on it. Boy, I tell you, you know, folks when you're hitting on three cylinders, you know, this is not fun for me. Let's move up here. Let's move up here and get this thing out of the way. Oh, shucks. I'm stumbling, folks. This is not a good thing. Let me let's start with the ES then. I don't know what the heck happened to that dog on British pound. I've got part of it here, but this is not the part I wanted to talk about. Here's the here's the reaction here. I want you to do the, you know, I'll do the work at the break here because it looks like Tom's not going to be able to be our guest today. He's on holiday and he hasn't gotten back to me and we'll see. Yeah, I know the footsies finally started to run. Thank you, Steve. You'll notice here that the British pound here, that high that we had up there, that that took out the highs of the early part of the year. And that was at 134.68. The 61% retracement on this was 134.68. No, 134.72. And that's where we put out a short recommendation. And you can see here now we're down here at 133 and change. So if you're in that, you know, put your stop at your break even point, I will get that chart up. And I had this thing ready to go and I can't find the dog on thing. And that's really frustrating as heck to me. So I will get it back on here. I did want to share with you one other thing. Let's just get this four hour footsie. Did the footsie get to 7600 yet, Steve? Because the target on this, the target on that footsie was, don't worry, Terry. I don't have any worries. Anyway, today's actually a fun day for me, folks. This is the, we have two little Indian casinos here in Tucson. They're pretty good size. But we have the annual Christmas orphanage tournament today. So we have 140 players in. And I am playing under the flag of the gospel mission. And so it'll be good. And it's, it'll be a lot of fun for, it's a three day tournament. Okay, let's, let's move on here to the E-mini and see what we've got going on. Just remember, folks, what goes up can come down not necessarily in our lifetimes, but it's possible. A lot of emotionalism in the markets, folks. That's the key. We're going to be seeing volatility like we haven't seen it. This is just the beginning. There's the ABCD structure. We're looking around at 13190 level. We'll see if it gets to that level 13190 and watch that relatively closely if you can, because it's another double ABCD patterns. And, you know, these markets, even though they are crazy in nature, they still are moving around, you know, very, very close to what they should be doing. Let me do something here. Hold on one second to see if I did this correctly here. And this might be the answer. Yeah, here's part of the answer, but I'll get the rest of it here. I wanted to show you here. This is only part of it. I'll have to get the rest of this later when we come to this here. One other thing. The market, when we got to 132, we backed all the way off to 131 and change. That was a 150-pip drop, and then we exploded above this 1.618 level. That's what I wanted to show you, because the last two videos that I did for the British Pound on Tuesday and Wednesday were saying that we were going to go to 134, you know, 68 with a very high probability, but I will cover that. I'm going to cover it right now, because I think it's important enough to cover it. So just give me a second here, and we will get it up here to take a quick look at it. I knew I should have shorted that. God darn NASDAQ. Well, this show cost me a lot of money sometimes, folks. All right, let me get this up here. Get the weekly up. There we go. This one will take a second, take more than a second here. Not good to put me in a mood like this. Okay, you'll see that 61% retrace, but we took out the highs from 2019 on that big run-up. We went above the fifth point by about above the 61. See, the first time in March, we did not make it. But once we cleared that, well, the actual number was, I think, 3471, I believe, and we got as high as on a fast tick. We got a high as 135.02. We're now trading 170 pips lower. So if you're in that, hang on. Just put your stop at break even, because a lot of things that are happening to the British pound are not going to be good. And look how many we've been straight up since August, other than that little pullback in early October. So this has got potential for something really, really significant. It's one of the things that we need to pay very, very close attention to. This will also possibly affect the euro, but I'll cover that, of course, at a different time. Oh, man. Did something just happen? I mean, I'm watching some things jumping around here. The other thing that was really important yesterday, folks, didn't even make it into the news. And that is the bonds were down three full points. That is really, really a lot in the bonds. That really got the bond market shaken up a bit. And if we look at this thing here, and I know I did the bond chart. Just one second here. Oh, you know what it could be. This is the bond. Yeah. Here's our daily bond chart. Let's take a look at this. And I want to cover the TBT, too, because I think that's interesting to look at. But here is the Treasury bonds. We're now back above 157. We took out the lows of October by just a little bit, and now we're bouncing. This could be a double bottom. It could be very, very important. Anything below 156, folks, we're heading down to 148. This bond market is in trouble, as is most of the debt market. So that's what I think. So 877-927-6648. If you want to stop your trading opportunities, then your arsenal is short a mighty weapon. The TAS Profile Scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks, ETFs, commodity futures, and forex. Heated by Steve Dahl, TAS understands that in today's technological world, the use of top-flight software applications and technical analysis expertise is essential to successful trading in today's market. To gain access to the webinar that Steve Dahl and Tom O'Brien just hosted, the best way to use the TAS Profile Scanner to profit. This webinar archive is available for all subscribers immediately upon signing up. All new subscriptions also come with a 30-day money-back guarantee, so you have nothing to risk. Start your subscription by visiting the front page of TFNN.com today, and you'll find the TAS Profile Scanner under the Services tab. Sign up today. 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 TFNN.com. That's 727-329-8322. Call us today. Many of our new listeners have heard about the Tiger's Den. The Tiger's Den is a lively community where professional traders and investors can meet, exchange ideas and information in a comfortable, moderated atmosphere, hear all of the TFNN shows, plus see all of the charts as they happen live and have access to archives of all of those charts. You can test drive the Tiger's Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you. Details on the Tiger's Den are on the front page of TFNN.com. Check out the new TFNN.com now and experience all the upgrades. TFNN.com educating investors. Call now toll free at 1-877-927-6648 internationally at 727-873-7618. Okay, folks, we're back and I wanted to cover a couple other markets here that I think are relatively important. Here is our gold market. We did get up to the 61% retracement one second here and we'll be able to look at this. David, you know, David just posted the rules that Paul Tudor-Jones lives by. Let me go through. You know, David, you probably ought to post these every day. They're that good. Lose your opinion instead of your money. Don't ever, ever, ever, ever, ever, ever average loser's emphasis ever by me. Never trade in situations where you don't have any control. That's what risk control is all about. The only thing we can control in the risk reward equation is the risk. If you have a position that is making you uncomfortable, the solution is very simple. Get out. W.D. again said, when in doubt, get out. And that's really a good idea. Don't be concerned about where you got into position. Be concerned where you get out of your position. The most important rule in trading is just like professional football. It's playing great defense. The less points you give up, the better chance you have of winning. Every day, assume every position I have is wrong. That's really good because that's telling you that you're not overconfident and don't have an ego. Always question yourself and your ability. That's from somebody who started with nothing and has like four or five billion dollars. Anyway, let's move on to a couple other charts that we wanted to cover here. Let's finish this gold chart. As you can see here on this gold chart, we did get up to a 1480 this morning on a high-tech. We're trading around 1475 right now. That was a 61% retracement of the high that we had. We broke from 1490 last night or yesterday all the way down to 1466, $24. And now we've been able to rally up to 1480, which is just about exactly $17. It's $16. But if we can get about 1480 again, then we've got a chance to see whether this is actually going to be very, very good or not. Now, I did want to bring to your attention here since we were talking about that British pound again and why it was so important. This was from our friends over across the pond. This is the long-term weekly. We've been talking about this quite a bit. You'll notice at that area, the 1.618, we were right up there. And it was just very, very important when we took out those highs of 2019. And now the key here, folks, is if we get below 132 now, that's 300 pips. We're down almost to where we are down 200 pips. If we get below 300 pips, then you got a chance to look at that. Okay, we've got some questions coming in from some of our fund people. So let's take a look here at the first one is going to be the old corn. We've been friendly to corn. And we'll get this up here. We've had a nice little bounce here in corn so far. Let's get this up here. You'll be able to see it. There's major support there. We're trading above the 380 level. We're doing March corn now. December is into delivery. So that's one of the ones that we're looking at. And also another one, since we're related to corn, we should really pay attention to the soybeans, because we've been relatively friendly to soybeans here in the 24-7 area here. And I wanted to bring that one up because I think it was important. And here it is. Here's our March soybeans. If you'll get up here, this was as of yesterday. You see now we're still heading higher. I think we got another 38 cents to go higher. And that 61% retracement you see around that for 880, 890 levels is very, very important. But frankly, folks, given the fact that this Chinese deal has been done, those things are really, I'll tell you, they're really important. David, I'm so confident about those posts that you put for Paul Tudor Jones. If it were my radio show, which it isn't, well, this part's me, but if it were my dad, I would post that there where people don't forget it, because those rules really are very, very important. That's the main thing. Okay, all right, that's this. And now we want to take a look at the silver and the platinum. Platinum has been pretty easy. Let's get that platinum up here. So we'll be able to take a quick look at it one second here. Just give me a second to get the platinum updated and then we'll be in good shape. There's a platinum. And yep, we made it yesterday. Let's get it up here. We'll see here. Alrighty, give me a second. There we go. This is going to be a, it's going to be interesting here. Okay, here comes the platinum. As you, as you can see, we made the ABCD up there. It was 948. We're now trading at 933. So we still have the potential for that big ABCD and platinum to come in at 1044. But before we do that, we got to get above 963. So we've been up six or seven days. So watch for a pullback in platinum. The 382 pullback will take you down to about 9, 9, 18, 9, 20. So if we get there and it turns, then take a look at it. We had a really strong week. We're right up to the ABCD on that smaller pattern, but that bigger one's still out there. That's the same thing we have in gold. But until that happens, you know, it's not, it's not really going to go anywhere. Let's take a quick look at the silver. I haven't watched silver here really closely here too much. But let's get it up here and we'll see we are. I think we're still heading lower in silver. That's, I really feel strongly about silver and gold. That's my two cents worth. But let's move this over here. Yeah, here's the silver. This will tell you pretty much what we are. It doesn't look very bullish, folks. Let's get this up here to take a quick look at it. And I'm going to, I don't know. I do April hogs. Ruby, I don't do the, I don't do February. Okay. This is the silver. You see, we're still heading down. I believe that 1639 will be very, very important. But I think we might hit 1540. And this will all change, folks. If the gold gets above 14, excuse me, 1495, the gold can get above 1495. Then you've got to get bullish the grains and, you know, put your big boy pants on and start buying it. That's the way I would, that's where I would look at it. So that's what we're watching here this morning. So I hope this is some of the things that we're looking at. We had one other one that they wanted to look at. We looked at, did we look at the hogs? I'm pretty sure we did. No, we did not. Let's get the hogs up here. In fact, I was going to chat about the hogs today because I made a little chart for you folks. And if I can just find that puppy, and that's the beans and that's the gold and where the piggies, the disappearing charts. I thought I had this problem solved. By golly, I don't, I don't know where the piggies are. Shut the front door and raise the rent. Well, I'll tell you what I'm going to do. I'm going to do something and I don't want to do the hogs yet. I've got a chart that I want to discuss with you folks. And this is from my good friend over in the UK. And this is a, hold on one second, move this over. This is what he's looking for as a target in the S&P based on these Fibonacci spirals. And believe me, he has a pretty good handle on these things. So right around that 32 bucks, 3200, we've been to 3192. So we'll see that. The Wall Street Journal story on the China deal is completely wrong. Their statement in Terrace Fake News, they should find a better leaker. Folks, if you believe anything about what that stuff is going on over there, you got to remember, boy, Chinese are masters at playing the markets. I mean, they really are. Russia never did very well, but the Chinese are really smart. They really are. So be careful about those treats. I know they move the market a lot, but they can't do it. Ruby, I'll cover the hogs when we get back to the break here. Each Monday, you'll receive Larry's written report that provides detailed commentary and a summary on the charts and videos that Larry sends out. And throughout the week, when warranted, Larry will send out via charts or videos or both the key markets that he is watching during the day. This will be up to the date active trading information that will help you in your daily trading. In Larry's first week alone, he sent out 25 charts, six videos and a full report to his subscribers in just one week. If you're a technical trader that uses patterns and retracements to trade, then Larry's service Fibonacci 24-7 is something that you must try. Right now, new subscribers can get a full 30-day money back guarantee. With nothing to risk, sign up now to Larry Pezzavento's Fibonacci 24-7 by visiting the front page of TFNN.com under Trading Newsletters. The path of least resistance is David White's daily trading newsletter, where you're looking for active trading ideas that now is a perfect time for a 30-day free trial to this powerful daily trading advisory service. David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter. Using a combination of equity trades along with options, David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted. Don't miss out on this great chance to get a 30-day free trial to David's daily newsletter, The Path of Lease Resistance, with no obligation to pay anything. David has been delivering solid recommendations for his subscribers recently, and if you'd like to see the type of newsletter he delivers every morning, then visit the front page of TFNN, and you'll find The Path of Lease Resistance under Trading Newsletters. For all the details and to start your 30-day free trial today, log on to TFNN.com now. TFNN is excited about our new software charting program, The Art of Timing the Trade Charts. 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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. Okay, we're back, folks, and I posted the chart for the little piggies. This is the April hogs. You started in a little bit of a move, but considering there are no more hogs left in China, that's not much of a move. But I'm not joking about paying attention to these things in China, folks, to pay—I know the markets react a lot to them, but, boy, China has a history of reneging on this stuff. They've done this stuff with intellectual property before, 10 years ago, because I've been to China a lot of time, so I've lived through some of that stuff. But then we have a president with a hands-on approach, so whenever he says something, it really moves the market. And I still have my service. I get these tweets ahead of time, so if you're interested in getting those tweets about five minutes before he says something, please get in contact with me. I've got a special number set up. It's area code 520-555-5555 extension 5. And if you believe that, send me 5. Let's take a look here at the natural gas, folks. Here's one that's in the process of making what I think is a really nice bottom in here. Fortunately, we've got Mr. Z and Ruby and a few other people in the room that follow the natural gas really good. We went down there. We took out the lows of October, right just a little below the 78% level at 216. We've now rallied 14 handles to get up to 230 and change. This is a five-day rally. Very, very quiet five-day rally. So what you'd be wanting to look at would be to the pullback that you get if we do get it. And that's where I would be watching it, you know, very, very closely in the natural gas. We're in the season, of course, for the cold weather and it's certainly starting to be cold. But that's one of the things that we're keeping a very close eye on here today. All right. The next one we want to take a look at, if you'll give me a second here. By the way, if you have any questions, it's 877-927-666. And someone's asked the question, where did I come up with the name Butterfly? Well, folks, the name of the Butterfly was Bryce Gilmore. He has a program called the Wave Trader. I think it's probably the best thing I've ever seen for, you know, looking at the markets. It's very similar to what Ensign built for me called the Pesovano patterns. It basically measures all the swings accurately to the third decimal point, which is far greater than you usually need. Usually one decimal point is pretty good. But what it does is it puts in triangles. Years ago, when I was doing charts with commodity perspective, when I first started trading, these were 11 by 14, very big charts, you know. And you get them every day, Saturday morning, every day. You get them Saturday morning by special delivery. They were there at your house by 7.30 to 8 o'clock, so I could work on them and be ready for Monday. And then the old charts I kept for a while in the very old ones, my kids, my daughter, Laren, would pull those out and she would stay on the floor with her little straight edge in her crayon and her little plastic scissors, and she would color the triangles in. And then she would cut them out and then when she wanted to, she would put one on the refrigerator with a magnet. And by golly, they looked like butterflies. I wish I had some of them. I mean, they were priceless. I let them go. Just like I did my the ticker tape that I had, that thing ended up being worth about 25 grand because it's big antique number. That's how, that's what happened. It was a, it was called a butterfly because all the patterns were clicking and it looked like a butterfly. They were all color coded and that's where they get it. The Gartley 222 is on page 222 of Gartley's book. On page 221 and 222 of that book, he spends two full pages discussing what he think is the best pattern that you can trade. And he said, you don't have to pick a top or a bottom just buy the first ABCD pattern in a new bull market and sell the first ABCD pattern in a new bear market. Therein lies the rub. How do you know whether it's going to be a new bear market or a new bull market? You don't know that until it's well into, you know, to making it. But you do have, you do have some hints that the market has turned and let me, this is what I was trying to show you this morning and the way I was doing it was not very good but let's just look at it up here. This is this British pound and we've been following it very closely. We happen to be, to be short this but look at this. You see the British pound, we had that number up there at the 61% retracement is a 2.618 expansion. I never used that number because it's too big but you see it comes down, rallies up to the exact 382 to the tick folks, 134.15 and now it's broken another 100 pips and we're still heading lower. Once we get, if we do get below 132 you see those highs from this week? If we clear those, if we get below 132 I don't think it'll happen today but if we do, this is telling you that British pound has made a major high up in here just like it did, you know, right around Brexit time because this was a big deal that happened, it was actually my friends in the UK tell me that that is a bigger deal than Brexit. So whether that's going to be true or not I don't know but Mr. Johnson now has pretty much control of whatever he wants to do and their feeling is that Scotland might leave next and if Scotland leaves, Ireland is right behind him and France has been, you know, I think, well, in Italy the European Union, folks how do you get 29 people to decide on anything? This was a deal conjunctured up by the Germans and I just don't say you can do it you like the United Nations, how do you never get that thing to work? Oh, that's why Santa has elves they all believe in him. Okay, let's move on to the next one if you have any questions 877-927-6648 and the next one we want to look at here is of course one of our all-time favorites and that is the old Bitcoin, we'll get it up here so you folks can take a look at it we still think it's headed lower you had a low there, look at this folks it's hardly rallying at all with lower highs, lower bottom this thing's going lower it's got a profit objective of around 5200 based on that so we'll keep an eye on that this is, yeah, Marshall saying ho ho ho, folks this was in my history of being in this business was during the time when I was at Drexel from 82, excuse me from 76 through 82 the Christmas holidays they were just really spectacular they celebrated everything and of course we got Hanukkah coming up here on Sunday I believe, yeah Hanukkah starts on the 22nd so that'll be interesting to read from two weeks from today so we'll pay attention to that today, by the way, is Tres Kai Dekaphobia folks the fear of the number 13 which happens to be a lucky number in the old Chinese literature stuff so okay, let's get the next one up here any other questions we might have I'm checking to see here China news conference has been delayed 30 minutes guess what, they're probably getting ready to reinstate whatever else they were going to do you got to love this volatility folks but believe me it's, you know, yeah it was a very unlucky number for the Knights Templars, that's for sure that's where Tres Kai Dekaphobia comes from I believe, doesn't it David so we'll see here okay, we will have hopefully have Tom on sometime after the first of the year I'm not going to bother him because he's not going to be back until January 7th and he's with his lovely family I certainly don't want to bother him we'll take a little break here we'll be right back 877-927-6648 if you're in the CD market and looking for a secure investment the Tiger First Mortgage Program may work for you the security for these first mortgages are building lots in the tax opportunity zone in St. Petersburg, Florida the tax act of 2018 set up tax free zones across the country where you can build and hold for 10 years and pay no tax on the profits which makes these lots valuable from $30,000 to $75,000 the interest paid is 7% yearly paid on a monthly basis according to bankrate.com the best rate for a four-year CD in the country as of February 20th is 3.1% a $50,000 investment at a normal four-year CD rate of 3.1% would give you income of $1,550 per year or $6,200 over the four-year period that same $50,000 investment in the Tiger First Mortgage Program would give you $3,500 per year or $14,000 over the four years over $6,200 of $14,000 of interest on your investment if you'd like more information about the Tiger First Mortgage Program you can call me at 877-518-9190 that's 877-518-9190 if you're a trader in the market looking for exposure to gold or gold mining equities then now is a perfect time to sign up for Tom O'Brien's Gold Report the summer is over gold is trading back above $1,500 and the 10-year treasury is hovering around 1.5% Tom O'Brien has been writing his weekly gold report for almost 18 years there's no one that knows more about how the gold market trades and how gold mining equities react new subscribers get a 30-day money back guarantee so you have nothing to lose every Monday morning Tom publishes his weekly gold report with coverage of gold, silver, bonds, the XAU HUI, GDX, the dollar as well as more than 30 different mining equities as of September 3rd gold report subscribers have 5 active open positions with an average unrealized profit of almost 38% for each position to see for yourself the types of profitable trades that are recommended within the gold report sign up today by visiting tfnn.com will the S&P 500 continue to climb for bold trades on US large cap stocks in either direction trade SPXL SPUU SPXS directions daily S&P 500, bull and bear leveraged ETFs direction leveraged ETFs an investor should carefully consider a fund investment objective, risks, charges and expenses before investing a funds prospectus and summary prospectus contain this and other information about direction shares to obtain a funds prospectus and summary prospectus call 866-476-7523 or visit www.investments.com a funds prospectus and 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 for side fund services LLC the bull bear trading hour with Tom and Tommy O'Brien next okay folks I've got to cover the TBT but before I get to that let's bring a chart to your attention that was on the was on Bloomberg here and I just wanted because it's Warren Buffett's Berkshire Hathaway I want to get this up here and take a look at it you can see here we're breaking out here we're either making a double top up in here or it's off to the races which it certainly could be but that is a beautiful Gartley down there where you see point 4 that's a perfect ABCD Gartley right off of point C all of that is just saying that this thing was really you know poised to go higher and it certainly is going that much higher already now let's get up here and get the TBT up I had it all ready to go and evidently I don't know what happened to it I think Ensign has changed their format just a little bit in here but let's get this looking I'm going to look at it two different ways the first way we're going to look at it is on the short term that we should be still going higher but remember folks the key to this is going to be the bonds because that bonds if we get below 156 we're looking at something that a major major bottom and if we look here at the TBT and we're going to take a quick look at it this is going to be the long-term weekly well Jimmy D saying which of the banks is causing all the Fed liquidity issues well Deutsche Bank has got to be in there HSBC is next I don't think it's JP Morgan because they're pretty well managed in Citibank and certain to be it because they're not well managed remember they had to have a reverse split just to stay so people could invest in them way back in 2009 but look at here at this long-term weekly chart in the in the TBT just back in 2015 where it went from 53 to 23 so we dropped more than in half but look at the ABCD pattern there folks that's what you look for you know just spot on look at that that's right at the money ABCD so we should have one heck this is a weekly chart so the weekly chart says we should get up to at least 34 that's what I'm 34 to 35 we're trading at 26 right now it's that if the bonds break and that's a big if we got an easy to get to 35 and if things get really crazy you don't really know because this thing could really be you know really be a major bottom in here look we've been here we bottomed in August September that's when the bonds topped haven't done very much but neither of the bonds but you know everybody's lost interest in them and now's not the time to to take a look at it so that's what it looks like to me I hope that is correct I lost my camera well let me see what happened here I let's get this back up here so we can take a quick look at it again oh don't tell me I missed it just give me a second to bring it back up by here all right there we got the daily there's the weekly hold on just a second here boy all right let's get this up here so we can move us over just to see how just to see how this oh my god sorry for laughing folks but look at this this is just this is just during the period of look at this chart of the long-term TBT look at this thing headed down now what we've done now since the 2015 we have completed that big ABCD pattern but this is this could oh boy if this thing gets going and nobody thinks that it can but if it does and if it does we get it above 28 then it could really have a pretty good chance but right now it's still under a great deal of trouble but boy that that's that's really interesting if you really bearish bonds this is the one you want to buy because it's very very low in price you wouldn't have to risk more than a couple bucks but not many people think that could ever happen which they might be right you just never know that's for sure you just never know whether it's going to be right or not we don't know all right let's move on to one other window the gold the gold we need gold to get above that high we made this morning we're very close to it now we need to get above that 1479 level and then it could have a little bit of a move to the upside and I think we could probably you know probably do that so that's another hold on I got a message coming in here okay well I don't know whether these things are coming back or not but ouch hold on just a second here okay all right all right let's see what the next one line here and that was the someone had a question about the copper we've already talked about that but we'll bring it in again hold on a second here RBS Royal Bank of Scotland is up 10% oh that's because of that Nicholas Sturgeon winning yeah the banking stocks would probably move like that with him winning because that means they're getting the UK breaks it yeah that's right that breaks it's going to be in trouble so watch the euro for a short sale folks we've already confirmed that that pound has done something so keep an eye on that euro for a for a sale let's just watch that euro since we were looking at it this morning or this week oh dear look what we got to last night you're not going to believe this hold on just a second shuck sometimes this Fibonacci stuff really does work oh just a second let me get it out of the way here wow pretty pretty cool stuff all right there is the number 111 80 guess what we hit last night in the euro folks you can't make this stuff up you can't make this stuff up so it does work the matter of fact sometimes it doesn't work but when it does we hit 111 70 was a number and we hit 111 85 was the high and bada bing bada boom we're trading under that right now so it looks like we're going to get ready to see to see that to see that happening I'm going to share with you since I've got some time to kill and we're looking at something this is something those of you that like to take natural gas I want to just put an eyeball on this this happens to be the the ai program over looking over handling the natural gas watch natural gas at 1130 folks this is Friday 1130 but from 1130 that could be a very nice trending move to the downside I don't know how you handle that but it says that it should go up until 1130 and sometimes it works sometimes it doesn't but then move to the downside by the way it worked very well yesterday okay the next one that we need to watch is let me see we cover the euro the gold the platinum and I think that's it well good night boys and girls no we got only a minute to go 877-927-6648 see if there's any questions posed again here yes the the Scotland they told me last night early this morning that Scotland would be the next in Ireland in Italy and then when France does it then it's over and then that's when the open that that might be the black swan that's out there folks if the European thing breaks up I know they're living in they were living in high hog earlier this morning but it's amazing how these numbers work with Fibonacci's with elections and other stuff too so unfortunately they don't work all the time but when they do they work pretty good these grants have not moved very much given the fact that we've had such a big move in some of the other things the grains if this Chinese deal is going to go through and $50 billion frankly folks is not a lot of money for China to buy so that you know well I'm sorry to hear about that Jay but remember when God closes the doors he opens the window that's what my grandma always used to say all right we're going to take a little break here we get back we're going to see where we are with some of these markets and we'll look at the Nasdaq on a long-term basis and we'll pay a few other quotes that you might have we'll look at whatever we can okay very early and often all right folks 877 976648 I'm certain you are or strive to be one of the best of the best at everything you do in life it's the most common trait that we tigers and tigers share if you're looking to become the best of the best when it comes to managing your money let me teach you to do what most wealth managers tell you can't be done which is how to time the markets I'm Steve Rhodes author of Mastering Probability and for the last 12 months Timer Digest has been tracking my newsletter signals which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, 6 and 3 months Timer Digest also ranks me as the number one market 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stay informed each day you trade and get the competitive edge that will help you stay ahead of the game visit our newsletters page by going to TFNN.com and click the newsletters button near the top of the page TFNN.com educating investors since 1984 Basil Chapman has been using the Chapman Wave methodology to advise traders of his expert market opinion while originally hand drawing charts from the late 1970s into the 1980s Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply later Basil found that computer software which included the standard market technical indicators enhanced the degree of accuracy in calling price turns as well as market trend calls thus was born the Chapman Wave sequence using the Chapman Wave methodology along with other indicators Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter right now you can get a two week free trial to the opening call Basil's daily trading newsletter by visiting the front page of TFNN.com cancel at any time during that trial and pay absolutely nothing get your two week free trial to Basil's newsletter the opening call today by visiting TFNN.com Ok folks, by way of a programming note I will not be on the air on Monday but I will be there Tuesday, Wednesday, Thursday and Friday and also the following week but if we take a quick look at this the NASDAQ that I've posted here on the weekly basis folks we are the 12th week of a run up and today's Tres Kai Decifobia fear the number 13 if you have any fear of that which most people know if you'll also keep an eye on the fact that what goes up must come down but not necessarily in our lifetime I know there's going to be a lot of volatility in here and you couldn't get anybody to sell stocks if you gave them a one quarter mile running start in a half mile race but anyway that's neither here nor there we need to be watching the Euro very very closely folks because the Euro made a major major fib point up there yesterday ABCD we prefer to go short the pound which happened to be the better one so that's pretty much it remember life isn't about waiting for the storm to pass folks it's learning how to dance in the rain and dodge those really heavy raindrops so make sure you do that so live every day in an attitude of gratitude and may god bless I got a minute here for one other question and someone's asked a question about why I like astrology I'll cover that next week I need to post a few charts showing you the things that Dr. Miller who's still with us 95 but unfortunately she has advanced Alzheimer's but she's still alive Genie Long those of you that belong to Fibonacci Traders send out the white light for Genie folks she's just about ready to pass and it's very sad to have no Genie very long her and Robert Kraus but she's very very ill and contacted me to tell me and anyway send some white light out for her because she's a real classy lady she used to come to Tucson and here and Robert used to visit me years ago up until 2002 so that's the main thing we want to be watching about okay Marshall I'll let you do that my friend but we've already got that planned you bet you so you folks have a wonderful weekend and remember to help the people that need it folks because we're one of the lucky ones may god bless