 The following is a presentation of TFNN. The Tiger Technician Hour with your host, Basil Chapman. Call now. Call free at 1-877-927-6648. Good morning, everyone. Basil Chapman here on this Friday, the 11th of August. Gosh, time is flying fast for us here in the Boston area. Summer's just about done. I mean, summer itself. The sun's setting earlier and earlier. Actually, this August has been very cool. Usually, it's stinking hot. Anyway, with the Dow of 55,000, 35,232, remember, we've been discussing for quite some time. I'm going to go to this chart right here. In fact, I thought technical Friday maybe for once. I'll just show you all these different charts. A lot of them, I don't even look at it for weeks and weeks and weeks and then I'll look at it and say, oh, yeah, that's right. For instance, this one here. This is just the Dow, the S&P, the NDX100 and the SMHs because they move nicely in sync. All right, well, in sync. Summer's sinking right now. I want you to go to this chart right. Oh, did I lose it? No, no, no. Oh, there it is. No, this is not it. Oh, I just worked and there it is. Okay. So this is the monthly chart of the S&P in blue. And this is the monthly chart of the SOX. This is the semiconductor. This is the key. This is the semiconductor index. And what I always say is that as long as I can remember, where the semiconductors go, the market tends to go, that's just the general rule that I have. And you can see almost every look at all the lows, look at the high, sometimes a little early, sometimes a little late, same thing with the bottoms. A lot of the time it's exact, but it could also miss by a couple of months. But mostly you're looking at this trend. And I'm not sure I did this on the spur of the moment. So usually I get the charts a little bit. I'm not sure why there's such a distance between the two of them, whether it's the index on the right, I don't know what it is. But anyway, it just demonstrates it visually very, very nicely. And look what we've got. We've got that high that was made back in November, I believe it was for the SMHs. Yeah, some of December, November of 2021. And so the S&P was at 4808. And the semiconductors was, I think, same time, I can't get it right now. So, but look at the way you've joined, and then look at the bottom, and look at the way we've come up. And now look what we've done. We haven't gone to the all-time high. We're pulling back here, and we're pulling back in sync. And all it says is, if you're watching for this kind of matching toppy formation, this is really a moment that you've got to take, you've got to have respect for the chart. That's all I'm saying. I have a lot of respect for these charts, because there's a tendency for patterns to repeat and for characteristics to repeat. All right, I'm done with that. Now what I want to do is to go to, should I do it here? Should I do it there? You remember I did this the other day. I'm going to do, oh, I want you to do it on this one. So look at this. This is just real easy. Pink is negative on the 914, and green is positive. This is an index that we actually, an ETF that we have bought since the AI robotics. And there it is, there it is. It's called the, I never remember the exact name, but it's the robotics ETF. So we've got it much lower, and we've taken profits, some profits, and we kept the core position. Look how it's pulling back. And that's not the one I wanted to share. I wanted to go through each one of these individuals. Look, here's the Dow. Look how green it is. It is not, to this moment, there's a daily chart turned pink. So the Dow is up 39,000 to 35,215,000. Look at the S&P. It has turned pink. And the last time it turned pink was just for one day right there, one day. It went green again, but the last time it turned pink was right there. Now, I don't want to overload everything. I want to make this as simple as possible. I've got one moving average. I don't even have the two. This is one that changes color when it flips negative or positive, right? So if it doesn't go for one bar, then most of the time it goes for quite a few bars. It could go for months, but it could also go for bars, right? Look, all of these. See the other pink turned down, turned down. Look at the QQQ. The QQs are right now down 254 at 366.07. And what we've got is quite a few days of pink. It had one day that was a real fuller back there in May. And then we've got these turned around. So it can be a short period, or it could be a little longer, but it's more than a day or two. If it's only one day, once in a year or two, every other time it's back here. Is that a year or two? Yes, that's back in 2021, December. They had a couple of days pink then green pink. So this is what I always say for people to ask me the question about, could you just trade using the 9 EMA? I'm going to show you something fascinating in a moment. So the answer is yes, but that's not really what you should be doing. That's for your core, that's holding the core position to confirm a buy signal that goes to a buy mode, meaning it can stay that way for a long time, or a sell signal that can go to a sell mode. We're now in a sell mode and we don't know how long it's going to last in the QQQs. Because the IWM took a while, but for two days now, two or three days, it's been pink. Look at the SMHs, semiconductors. Look at the steepness of the decline under all those previous, not under, it's touching all those previous support levels and hasn't closed under that yet, but it's in a sell mode. I should mention just for disclosure purposes, we're short from just about the top and we're actually a little bit aggressively short. We have taken some nice, very short-term, I call them, just a tad has been taken off. So, okay, within that context, what we're looking at is gold. Just using this one indicator. I saw today's technical Friday, let's see some of this technical. There's nothing to do. As far as I'm concerned, we have our positions. We're just going to wait until we get a change in inflection point. It could happen at any point and we'll just wait. Meantime, look at this gold. There's this arch formation. There's an arch formation and it successfully turned to wind green. There's an arch formation. There's internal low, residual low, internal low, residual low. Internal low, are we about to make a residual low? Well, we don't know because why? Let's do this. A gold is up one at 1950, testing the 1940 area. This is a continuous contract. Silver with arch formation. Very, very powerful move to the downside. The actual pattern itself is a little bit more positive than gold, but if it breaks this, it's not going to be that positive. So we're watching that closely and silver's up at 2283, up 0.09. Let's go to high-grade copper, high-grade copper. Look at this. In the arch formation, it can go to a dreaded age. And this goes together with... This is international copper, Dr. Copper, we call it, because it's an international sign of economic strength. And yes, wood. This is the I-Shares Global Timber and Forestry EDF. Also just stuck in a range. Not that powerful, but actually impressive that it got this high. So with that, with that context, you're going to be like, HX, so powerful. Still green. Isn't that amazing? I'll be back. That's what's happening. That's what's happening to us. We'll be down for you right back. If you're looking for potential trading setups in the stock market, then Rocket Equities & Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them, using a combination of fundamentals and technicals. Sign up for Rocket Equities & 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 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 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 by Basil Chapman in your inbox every day. First-time subscribers also get a 30-day money back guarantee. 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Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com Educating Investors. Available to all tigers and tigers for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. I should have actually shown this. Some of you might have seen that I was drawing this in before I came on air. I didn't do any trading or anything like that. There were just so many things going on. I couldn't do that. But isn't that interesting? So the cup formation that I'm always looking at here, and you can see, I choose always if I can't. It was over here when I was doing that. It was over there. So if I can't see that this is going to make a left-side, right-side price time match using a plum line at the low that's the most obvious, then I say, all right, I'm going to be a little bit more aggressive. I'm going to make it from an earlier point to see if it can get there, and then we'll see if it takes too long. So I choose a particular candle if it's not very obvious from a trough or a cup, a bottom, or a peak D or a trough D. I choose a particular candle, and I chose this right here. And I said, all right, to myself, OK, let's see what happens. And then on the left side, I use a particular technique to draw the chaplain wave inside wedge target resistance line, dash green on the way up, dash pink on the way down. And I drew this in. And we were just, yeah, I think we were maybe starting at 44.70, just starting to move up. But you can see that the MACD started to improve, the Sycastic started to improve. That unbalanced volume, it was lagging badly. But I still drew in the lines, and this is what I drew in. There's this dash green line goes, it gets hit, it acts as resistance, pulls back sharply. That could have been it. But that line did not flip pink. It stayed green. And look what happened. It goes right to the point. This is, look, there is, that is, you see those dots there? That was the end of this price-time match. And now it's gone above it. So are we setting up exactly the same picture as we had yesterday and the day before, and the day before? Huge intraday. If there's an intraday turnaround today, my thinking is that we might actually land up not having that final hour pullback, and we might hold. And one of the reasons why we took profits in some of our positions is I was saying at any point there could be this, the way the VIX, remember we spoke about this yesterday and the day before, and the day before, I said this volatility index, vix, vix.x, there we go. This volatility index just spiked so quickly of almost, in some cases, all-time highs that it got a little too excited, a little too exuberant on the pessimistic side. And therefore we were susceptible and liable to have some kind of a balance at any point. And that's the reason why I decided that we would buy, we would add a long position for subscribers thinking that we cannot be one-sided here. This is more than a bifurcated market. It's all over the show. You've got to find what seems to be working on the long side and seems to be working on the short side and just try to separate all those issues in your mind and just go with each one doing its own analysis. So my analysis here says that the VIX index, even today, spiked up to 16.51. Now it's at 1547. It's there for a reason because, as I said before, it takes a while for these moving averages to cross negative. If they don't happen immediately, it can take a while and it's a process. And in this process, my contention has been that some of these really big cap stocks that are very important have had a pretty decent pullback. I mean, take an apple, for instance. Take an apple. Look, take an apple and just think about the way apple has acted right here with its deepest correction. Ever since, I mean, you can go back to December, January, you can go back to the end of last year. But all of this year, it's not had such a powerful move. So it's ready to at least help the market a little bit and certainly the Dow by having a bit of a balance here. And that's the way I'm looking at the market. So I'll continue now. There was two other things that I want you to look at because it was mentioned in the Dan. One was SAVRA. Great, we did an analysis for one of our Dan members, Dan, and we were looking at it. It was in this rectangle formation a couple of days ago. And my contention was that as long as it's working, the nine-period moving average, that's a good sign and it needs to break 3.82 or 3 or something like that, to start leg D. Well, it did that yesterday and what a follow-through today, up 8.5% just today, up 33 cents at 4.17%. I've got this as a leg F in the weekly chart and a leg D. There's that big rectangle in the monthly chart. Remember, we were looking at this candle. I said, if at any point on a weekly basis, it can close above 3.58, the high of March of 2021, that'll already be a big... And it hasn't closed above it, but it's well above it right now at 4.16. So we'll see, but this is ready. Did I mention this or not? I can't remember if I did because this was the... I think I forgot. I saw it and then completely forgot to discuss it. This low here of 0.69, 69 cents back in 2019, that gets an up arrow. That means that every single, as long as no low bar takes out 0.69 on a monthly basis, it means every single peak is counted. And I would have put this in if I remember to do something about it, but it was flashed by me, I remember now and then I just, I forgot all about it. This is called, this is just a fantastic example of a chapter, this is Technical Friday, this is where we do some education and the chapter wave methodology. I should have done this. Oh, how silly that was. So yeah, it's your first big spike from 0.69 in SVRA, Savara Inc. I can only imagine that it's a biotech if Dan's looking at it. No, you look at many other things. So it had a high of 548. In November, it makes its low of 0.69, slightly higher low the next month. That starts a leg A, smiles the leg A, and then that's it. So I like to do this. I like to grab the, I've just done this a couple of times today already, but this last one move, I didn't have any position at all. But look how long a rectangle formation can last. Look at this. See how I drew it in. So same thing, a long rectangle formation. Look at this. It goes, this is a one minute chart. So it might not sound long, but believe me, when you're following it, look how long this has lasted. Look at this. It's from the high right there of 4.20 this morning at 44.86 to the low of, at about 4.41 this morning, Eastern time of 44.77. And then it just stayed there. And look, look at this midpoint range. When it breaks that off to making a P.D. watch out, because if it takes out the base of the rectangle formation, it can go a lot lower. But it did go a lot lower. And now it's balanced. And that makes this whole area a magnet that the price should come back there. So 4.37, so yes, 4.86 at any moment. I'll be back to Sabra. Tigers, candlestick pattern analysis is a primary tool among successful traders, and you should be no different. Candlestick patterns can demystify buy points, sell points, general price movement, and so much more. At 4 p.m. on Monday, August 14th, trader Teddy Keckstadt will be hosting a live, hour-long webinar on Japanese candlestick patterns. Teddy, the author of the Tiger 4x report, has been trading for 33 years, and candlestick patterns have been instrumental to his success. For just $97, see how to use candlestick patterns to analyze stocks and options in order to capitalize on market swings, increase your odds of success, and decrease your risk. 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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. TfNN, educating investors. 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. Hi folks, so we're back and we're talking about the low-lapping wave to leg D. So what happens is you get your starting point, remember this is your low bar, this is the market chart of Savara Inc. And right there, 0.69. So unless it goes to 0.68, this stays as your baseline by signal and it can stay there. And it goes P and then it pulls back and it goes P, A, P, P, pulls back even a lower low, but not below the 0.69 and it goes to a leg C. And that's the one going to 3.58 wherever that was. And then it comes back and it spends months, 1, 2, 3, 5, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 18, 19. This is a monthly, it takes a year, almost two years and it goes again to a leg C underneath the previous C. Whenever I note that and it pulls back to make a peak C under, and usually I make these gray because I don't have a complete gray because it's underneath the previous high, so gray, gray, gray. I would have typed in here, which I always do, I type in and I say, capway, overlapping wave to leg D and that means that you've got the two streams of power to the upside and it usually powers sharply above that previous high, goes to leg D and then that becomes at least initial support early on. So here we are, we've got the overlapping wave, it goes to a D. So while I'm talking about that, let me just do another technique that I just saw moments ago, I'm not doing any trading on this, I'm just demonstrating it here because you've very lost the security of getting the almost the exact top. So this went to a peak D, the one minute chart of the E-mini and this is called the chapwave instant restart because within two or three bars it made a new recovery high, it went to a leg E. If it does that within two or three bars then I always say, okay, call it an alternate count, give it an E slash A because it could be an E and then it turned down sharply, but there's a possibility with that particular technique that it could go higher and it could go all the way to a whole series of highs to another peak D. So then this one becomes F slash B, this is the price time as we were talking about just a moment ago, it stores right at the resistance that I typed in there, but then it goes higher and that becomes a G slash C and what I'd said over the last, I'd say about a year and a half, I've made it a big deal, it's the one thing in the chapwave methodology of my CD introducing the chapwave methodology book from way back. I say, this is the change when you get to a G, instead of expecting a sharp pullback, be prepared that very quickly you could have a little cup formation and go to a D. So rather put G slash C and then assess and see what happens and look what happened. It went to the D, the on balance volume gave you that exact high right there turns around, magnies down, but that nine period moving average is not turning down. So this becomes because after E it went below the trough that made a peak E it went much deeper. So what I do is I type in chapwave and I usually put it in pink and I make it a little smaller, it's just sitting there and we've seen it in so many charts that I almost forgot about and it just sits there. Now I try to put a time to it, but I need more information at the top to be able to give it a time and be able to draw the diagonal chapwave inside wedge target support line. But in the meantime I should just extend this but it looks to me like the next move is going to be down to the 44, 71, 50 level if I'm correct that this is a chapwave one conventional thread base restart a lot of words but it explains exactly the technique after a peak D. After peak D you go to an E or even an F but it comes back and takes out the little trough that made that peak E and especially if it takes out a low just after D you've got to be careful. That's what I'm saying, we'll see what happens here I'll be back to that because if it's going to work it's going to work before my show finishes or else it's not going to work at all. So with that said so Savara very nice move up and remember I got this very I put this in no I've just put it in now this is a big cup formation my next question came in I want you to do some work on oh if I missed something Yeah, Amgen I'm sorry subscribers I'm opening call I had Amgen I typed it in once we did have Amgen just for a brief while I haven't had it for ages look at that move I typed in yesterday peak D and look where it is now from the 247 area 263 fabulous move that means that some of these farmers especially with Eli Lilly having had a spectacular move Amgen is kind of following in the footsteps next question I had was XLE in the in the Tiger YouTube XLE let's just do this so there was an alternative count remember I say if you've got a Chapman Way flat base restart oh isn't this interesting I remember doing this and saying you know there's no other way I can count this I think we've got an unconventional Chapman Way flat base restart right here in the XLE and look what happened it went to a G I haven't even looked at this for a couple of days and then G remember what I was just saying G slash C when you've got an instant restart and you get to a G be a little bit prepared and call it a G slash C because there's a really good chance that you are not going to pull back just pull back from that G you can do it but be prepared that you could have a big bounce to a D low bowl we got the D right there so this is the energy energy factor now I need to talk about this I might have to talk about one of the stocks that we just got the other day we had it once and we just had the tighter stuff we got stopped out and I got it again because we were expecting a D and it got to that D I'm not going to talk about it so this is the XLE also in the energy sector SMB select energy spider fun look at that cup formation that's holding so well look at this breakout and the cup formation in the week he's gone to a peak C1 C2 and then I need to do this I need to make the Chapman Way falling X formation here we go right there pull back why is it soling on me let's do it again there to there so it's broken out there's the other part of it which becomes a big cup formation so I'll talk it out as we doing it here we are and there's your cup to the right this is a gray leg B why is it gray because the cell this the Cassie just went to 81% the MACD so I can say that the buy mode from the peak C1 C2 double tops in the 1993-94 area and that previous peak D in 94 it's like a magnet the price keeps wanting to go back there so energy is acting very well here that could be another component that says be a little careful in the be a little careful in the overall spectrum of your if you're looking at your chessboard you're looking at yields that refuse to get to go down you're probably popping to the upside even when it looks like they're going to come down and remember I had that I'm jumping around a little bit too much maybe and I'll jump around that's the way I think TLT look at that I said I'm not sure this really is a chapter wave volume price climax reversal I'm not going to treat it like that but I'm going to put it in there just to say let's just watch it and see if it fails because the volume was only from the normal 40 millions not enough for that big spike to downside and you can see here it might turn out and then we don't take out the 34 54 low of the 3rd of May but look at this it's holding pretty darn well but it is turning down so the reason why I went there is I was going to say if yields move higher and crude oil keeps moving higher even though the grains are starting to pull back there's the inflationary stuff and move back those are factors that might cause a little bit of worry I'll be back with those up to 146. 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 UQ, HUI, GDX 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'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. 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At the XLE breaking out and that's assist me that if there's something for the market to worry about, maybe the fact that oil is not coming back, that the energy sector is not, has not pulled back with the general market and that's just telling me that there's rotation, this bifurcation, trifurcation, quantification is unfolding now. Look at this, XLP. This is the XLP S&P select consumer staples made a peak D right there and pulling back, it's in a cell mode with the 9-period moving air, it's just going negative right now. And this is the consumer staples. This is usually the area. We've had such a crazy market in the last year or two where the normality is just not the normality. Remember, there was a period where if the market was going down sharply, you would see the S&P consumer staples go to highs, which they did till early this year, till about March or so. But wait a minute, they were going up together with the general market. I mean, really. So that doesn't usually happen because folks go to the more conservative interest-producing sector, which is the staples and not the high beta, or in the case that we were looking at the high PEs of the Magnificent 7. So we've had just crazy things happening. So a couple of questions that I need to get to right before I forget. There was a question about FxI. So FxI made a peak D. It's in a sell mode. Scapped down. It's down 86 sets of 2796. So I'm just saying I'd be a little careful here with China. I know that someone emails me all the time with China positions and really does well. XPEV, I think that's the other one. XPEV is at the electric. Yeah, that's XPING designs, developed markets, manufacturers, smart EVs. They're all having a tough time. I mean, look at this. We got stopped out of, was that the one? No, that's not, yeah. The 3D sell architecture. We made a fantastic gains and we only had a small position to keep one to put more in, but look what happened. It goes from it goes from our entry point in the 16s. It screams up to 2370, pulls back sharply and then has another test goes to 2390. And now it's down at 1615. Something's not quite right. If you're looking at the other stocks that I was looking at as well in the in the battery sector. All right, I'll get to them in a moment, but I'm just saying this is tough and it's really tough because the theme is just keeps slipping away. It's there and then it's gone. So that's the one thing. The other I was going to talk and I said I'd do a little analysis today on ENVX. Yeah, I this is one that I I wanted a subscribers to come right back into. We had enough that I could say it's just a little bit. Let's just hold it even if it goes down two points. It doesn't matter because the little bits that we've taken off really made good money. I I just have to wait all the technicals. There's nothing technically yet that says if it has a bounce that bounces going to hold. It says that it probably needs to test the 14 15 to 14 40 14 50 area, which is a 200 period moving average. Then we'll look at it again. Another question came in. Could I look at? Let's see where was it? Oh, AI. AI. So artificial intelligence. This is the symbol for C3. AI Inc. I want you to show this one. Did I do this yesterday? Look how quickly it went to peak. A, B, C, E, F and G and look, it comes back in this arch formation in a full arch formation retesting just like the gold contract, the GDX. Yeah, it is 30. The low that was made right there after that peak F top back in June pulls back sharply goes down the 27th of June. It goes to 30 31 50 33. No, 31 57. What good we've got? We've got a low today of 31 65. So couple of pennies above. Oh, that particular pattern I want you to show because I'm talking patterns here. Very quick A, B, C, D and even E, F and G and then it usually gives back some. This is giving back a lot more. T, T, D I wrote down. Why did I write that down? Because I haven't got all the notation. I had all the notation. Where did it go? Oh my. Oh, that's T, D. Yeah, T, T, T Wait. Trade desk T, D, D. No, T, T, D. What a day. There it is. Okay. And went very quickly. Look, peak A, B, C, D and a measured move from the left side high of the 16th or so of July all the way to 91 comes back down to the 14th pre-moving average, but that nine doesn't come negative. It holds and it goes to a peak E just a little bit higher and then it comes down and it takes it out and does more than a one to one to the downside. I wrote that down, but now I can't remember why I wanted it. I wrote it down for a reason. Oh, that's right. Just to show you the vertical look, the Magdi was much weaker. The stochastic was much weaker. The on balance volume was much weaker, but that nine kept you going there. So one, two, three, four, five, six, only on the seventh day did it turn negative. Look at the Dow. This is the one, two, three, four, five, six. This is the one, two, three, four, five, six, seven, eight. This is the eighth session and that nine just won't turn down. So that is really impressive. So all I'm saying to you is that if you use different indicators, know what the indicators do. Use them so often that they become yours. Don't look to someone else to say to you, oh, blah, blah, blah. Just know what it does. Get to know it very well and then implement it over and over, practice it, even practice it on stocks you don't have or positions you don't, just like I like to do. I like to keep practicing all the time, notating, notating. Every single look at this. I'll show you this now. Let's just do this real quickly. So you see all the notation here. We got all the notation, right? Look at the S&P. All the notation. There's nothing that that's automated. Wow. Well, I mean on the notation side, the letters, everything else is notated. I only wish that they would be, I can't, I can't feel comfortable knowing that I'm going to get every one. They're going to be some that are just not right. So that's the reason why I do it by hand, because when I have automated it before, I hope to do that again sometime soon. I just haven't been able to do it or find someone that uses Trade Station. I think that's the best. I've got all my notations here to be able to do this because and when you're doing something in software, if you make one change it affects everything that's pertinent to that change. Sometimes you only want it as a one-off. You just say, oh, you know, I'm going to choose this to be a G instead of a C. You know, and then you do it so quickly by I as a human being, and then if it's computerized, it's every time it gets to that pattern it's going to do it, but I'm saying you only refers to this one. So that's the reason. So I just want to show you what's going on here. So I'll be back in a moment, puzzle chapter, tiger fingers, so one segment to go and we'll see if there's a full back cut here. TFNN has just launched their new trading room, the Tiger's Den, hosted at Discord. TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours and now they are expanding their reach with the Tiger's Den, available to all Tigris's for just $1 for the year. There's no catch or added costs when you join our community of traders in the Tiger's Den. You can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas interact with other Tigers and Tigris's as they share trading ideas, news analysis and discuss the market action all trading day, even at night and on the weekends. 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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 24-7 newsletter today. TFNN.com Educating Investors 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. Hi folks, before I finish this up I just wanted to tell you that candlesticks are really important but tennis rubber are coming up on Monday. Actually not only talks about the candles but he gives you strategies with options and other things and the way to look at it. It should be not just an interesting, it should be re-applicable and that's what we like to do here for teaching here at TFNN. We want it applicable to your actual real-life situation. So I'm just saying that if you can go to the front page of TFNN, check it out Monday August 14th, 4 o'clock to 5 Japanese candlestick patterns, stock and option strategies. I mean it's the strategies, isn't that? Look what I just did and I said to you, I can't get a downside target on this particular thing until certain things happen to the upside. Now I can't, I don't know if it's going to work but I've got a little axia that says round about 11, 10 to 11, 20, there's a chance that we test the 44 71.50 low that was made at 10.30 this morning. So those are techniques, we did this live, you're looking at it right now. So let me just do this before we wrap up. Check out my opening call, we've had some really nice positions lately. It's not been easy, but that's the way it is and sometimes it's better to be a little difficult because it pushes the envelope and you have to really work hard to do it. So within that context I just wanted to show you I had a call just a quick thing about Microsoft, Microsoft, yeah, this is going down to the bottom. All of these things, oh I didn't finish the GDX. So GDX is testing that left side 2878 low of the 29th of June, it went to 2867 this morning. It's got it's up 25 cents. This is going to be a very important couple of days that we've got coming up. So with that said stay tuned for a great program coming up. I also wanted to say that my opening call for my video my weekly, my weekend video that I do for subscribers tomorrow there is a ton that I'm going to be discussing as well as positions that we want to start looking at to add to the long side or to start fresh alongside. It's going to be very coming up next. Have a great day, have a great