 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at 727-873-7618. Now, Larry Pezzavento. Okay, looking good, Billy Ray feeling good, Lewis. I think we have a rally going on, boys and girls. Do we have Shane Smollion on the line today? Shane, are you there? Well, evidently so. It's Shane, but JC's here. Oh, that's what I thought you were supposed to be there. I said it was supposed to be you, but someone said it was going to not be somebody else. But JC is here, JC Parrots of all-star charts. Looking good, Billy Ray. Looking good, Billy Ray. What have we got for us today, buddy? Listen, you know, in the January lows, things were selling off. You know, there weren't any real bullish momentum divergences, certainly no breath divergences, not really much going on. Here we are rolling over, retesting those lows in a lot of cases, undercutting those January lows in a lot of cases, regaining that. And I think a lot of these things are really the same trade. If you're above the January lows, and I'm talking specifically about the beat up names, the ones that have gotten slaughtered, think ARC, think SPACs, think biotech, think small cap growth, we're back above those January lows. I think you stay long and strong for the squeeze and then feed the ducks along the way. That's the trade. That sounds pretty good. Do you have any charts to show for us today? I should, yeah. I got some charts to see. If you could put them into the den there. You're on Skype, correct? Yep. Well, then we'll have to do it another time then, because the only way I can do it is through Skype, so that's not a problem anyway. We're good, we got it. Okay, see if you could put it in Skype, and then we'll take a look at a few of these charts, because they like to see what they look like. That's the main thing, but boy, this has been a powerful rally here today. And it looks like there's peace in the Ukraine area. I guess President Zelensky has become the president of the new Ukraine. And Putin has surrendered. I heard he pulled up a white flag about 30 minutes ago. Did you hear anything to that effect? Larry, I'm a technician, man. I don't know what the heck you're talking about. Any of this has to do with Ukraine. Let's start here with the NASDAQ. This is a beauty of the NASDAQ. Let's look at that one, that NASDAQ 100. Yep. So we're looking at the NASDAQ, looking at that former resistance from the first half of last year, came back, retested that level. And I think if we're above the first half highs from last year, I think you stay long. Look at square. If you're above those former highs, right? So again, those January lows, if we're above the January lows, I think we're long, square, you know, arc as well. We're above the January lows. We retested those pre-COVID highs. I think you're off to the races. I think they're all pretty much the same trade, Larry. I like DraftKings as well. One more for you here. Let's just go back to DraftKings. That's the gambling one, right? Retesting that bullish momentum divergence. Let's go, baby. Feed the ducks above 30. Hey, looks good. Listen, we're going to have you on again soon. So thanks to the info, buddy, and keep those cards and letters coming in. We love to hear from you. Larry, the way I learned it in this old school is that you want to sell the rumors of war and buy them when the cannons go off. Am I right? Let me see that. Sell them when they're crying and buy them when they're yelling. I think I've got it or something like that. All right, looking good, Billy Ray. See you later, Louis. Keep the faith, brother. JC Parrots, folks, all-star charts. Go look at some of his videos. It's first-class stuff. He's really a super nice guy. Let's get on to the... Since we haven't had Stan Harley on, we're going to have Stan on next week. He sent me a special update last night to show you what he was looking at here. This is work of Stan, and he believes that we have made a 32-week cycle here, and we have a chance to go up and to make new highs from here. And if we do, and if we do, write this down, boys and girls, because I mean this more than anything I've ever said in my whole world. That'll be it for this guy, boy. And listen, I am not short now, and I covered a little bit earlier yesterday because of the fact that these markets were acting so perfectly if it were going to be some type of a bottom. And let me explain to you why. Everything that we're banging on the doors for, right? I mean, the things that everybody was talking about is, oh, my God, we've got $100 crude oil. Oh, my God, we've got $100 crude oil. And guess what, boys and girls, they've got the $100 crude oil. And there it was with expanding wave transaction there to 1.618 expansion that was overnight. And then we've broken down now. We're trading in the 80s now, folks. They've really taken this thing. I think it's in the 80s. At least it was a little earlier. Maybe 91. I haven't looked at it in a while. But what I did is when I saw that pattern happening, that was several days ago. The first thing I said to the folks, I said, look, if this market is really bullish, and if it's really bullish, it's going to go right back and make a new high really, really quickly. But I said, well, you need to watch and hopefully I can find that puppy. I believe I have it here. Here it is. I'll get this up here and take a look at it. You'll be able to see it. Like JC said, I'm just an old Peckerwood technician. That's all I am. As you can see here, we had the high there at 100.5. We came down. We went to the 382 retracement there at 95.20. We only went 30 pips above that. And then we broke. And then you can see this morning, we had another 382 retracement there at 94. We broke another $3 from that. Folks, that's not how bull markets act. And I'm going to go into some of these others too because they're taking some of the boys at the border trade to the woodshed today. I mean, maybe you don't follow the grains and stuff, but this is another one here. Let's just get this one out of the way so I don't have to look at it again. Move that out of the way. And I want to get the next one right here, which would be the El Corno. Look at the corn here. I wanted to show you here the same thing happening in corn. We've had, let's get this up here. Stop the music, boys and girls. This was my key, that there was not something right. You can see that we had the retracement here. Corn is down $1.30 a barrel, a bushel, folks, in less than 24 hours. I mean, that's telling you that something has happened in that. And we're going to take a look at the old wheat market because everybody likes to eat bread once in a while or a little pasta. Raise your hand, Larry. I certainly like the pasta. Let's get the wheat up here because I want to show you. You talk about a rocket ship, folks. This was the one that I was following last night. We had a high of $8.62 in the wheat. It was limit up. It opened higher at $8.62. My game plan was if it gets a tiny bit below limit up, I want to try to find a little pattern to see if I can put out the old white flag and see if I can put on a trade where I don't have to risk anything. And so all I did was I went down to my old trusty 30-minute chart and I brought it up and you'll never guess what happened. Look right there at 9.12. A beautiful 3.8.2 retracement there. Bada bing, bada boom. We went all the way down and we were dropping more than a dollar, a bushel, in just a very short period of time. And we don't want to leave our friends the beans out because they did pretty much the same thing. They wouldn't rally at all. Let's get this bean chart up here. Here's the bean chart. You'll see we were trying to do it in the same thing in the soybeans and we were not able to do that, folks. Soybeans are down more than $2 a bushel. That's $10,000 in about a day. That's not how bull markets act, folks, whether markets or not. And this was telling me that, look, there's not anybody taking asset protection out there and we'll do gold next when we come back from the break, okay? 877-97-6648. 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. There are some great overviews that give you direction on the key indices, selective stocks, and commodities. Subscribe to the Opening Call newsletter at tfnn.com. 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I wanted to show you, this was the forecast that he made here. And believe me, folks, I had really strong suspicions that this thing might not work because I started getting emails from everyone, from Larry McMillan to three or four other people that says, look what happened here, look what happened here. And I said, oh, my God, the best kept secret of Wall Street. Here's what Peter was looking at. This was the stock market in 1929. That red line, and I'm going to show you just a minute, is a 13-day exponential moving average. And Peter said for this to work, it cannot close above that exponential moving average if it's going to be correct. So what we're going to be looking at here, as you can see here, the crash occurred on October the 19th, of October 29th, 1929. Then we rallied up for three days, and then we went down into the low of November the 11th, and we finally closed above that a little bit later. I'll show you that right now, because I don't use moving averages, but I watched to see how people move around them. I think it's important because a lot of people watch these things, and so it's worth looking at. Here's the ball. I just did this about an hour ago. And if you'll look at this, you'll be able to see here that that exponential moving average comes in at 865. So if we close above 865 today, this would validate the scenario that started on the 10th of February, because we went down sharply. We stopped exactly at the 1.27 of the January 24th. Low folks to the tick. I mean, it was just amazing when it went to 4103. And it was just a thing of beauty. And now we're back up here to this level here that looks pretty interesting to see what happens. Remember, it's the close today that's going to be important, close. We have to close above that number. We can get above it, but if we don't close above it, then there's still a chance that we could still see a sell-off. Otherwise, maybe we're going to see new highs in the stock market. Frankly, I find that very surprising if we do, but I've been surprised a lot and I try to make money off some of these surprises. Now, this is acting totally different. Hold on, let me get this one up here right away here. This is acting totally different than the one from 1987. We'll get this up. Oh, excuse me, folks. I'm sorry about that. Nothing else I can do about that. Hold on. You can see here on the 16th of October on that Friday, that's when we closed down 103 of the Dow. The next day we gapped down and then we went straight down for the rest of the time. So the timing sequence on that 87-1 is broken and we're very close to breaking the one from 1987. So that's all I see. I'm a pattern person, folks, and that's what I look at. When they had that stock market down 900 points on Thursday, yesterday, and the market couldn't even go down even 100 points being down 800 points and the S&P starting to rally from the 1.27, I said, and crude oil is breaking like crazy and gold will cover gold in just a minute. Gold had already made its top. I said, hey, I ain't going to fall for this stuff. So I said, the folks out and say, hey, pay attention to this, very important. Let's get back to the gold market here, folks. This is something that I think is relatively important. So we're going to cover it, hopefully. Oh, I hope we are. Please don't tell me. No, that's not it. That's not any of this. This is the one. Okay, here's the gold to get this up here. I sent this out as it was happening on Tuesday night. You'll notice here that we have the big 1.67 ABCD up there in 1778, which was the 786 off the high. The high was 1777 that night. And I said, this is probably it. I said, you know, it should be a lot higher than this, given the fact that there's war out there and there's fighting in the streets. And as Warren Buffett says, you buy when there's blood in the streets and that was certainly the thing to do. Another thing that was given us an indication that possibly this may be the case. And we were watching silver. As you'll recall, I'll bring the silver charts up so you can take a look at it. We were doing these together here. Let's get it right up here. This is the silver. Same thing that was happening with gold was happening silver. Now silver had made the 1.27 up there at 2550. Okay, the little bit beyond the ABCD. But if we look at what's happened to silver since that time, you'll see here that it's dropped well over $1.70 an ounce. And that's pretty substantial as far as a pretty good pattern coming in. Now, is this going to be a big run to the new highs? It certainly is possible, folks. We got a lot of time left to go on today. And if we close above 43.65, then this thing could go a lot higher. That's basically what I wanted to see is how the close comes out. That's the thing that I'm watching more than anything else. Because some of these commodities, I mean, you don't see a $2 break in beads unless something really significant happened, folks. That's 10 grand. And, you know, almost 8 grand in corn and another 6 grand in wheat. And that's not what those people like to see. And I'm following an open interest. An open interest was not increasing during that buy. So that was susceptibility to, along with the crude oil, doing the same thing. And gold. So we're not seeing that follow through. Now, tonight, I have to follow through and look what's happening with the mini S&P and the NASDAQ and the YM. And if they have big drops in open interest on this, I'll be ready to come in short here sometime Sunday night or Monday. Because that's telling me that there's no new buying coming into this market from this level. So that's why, you know, it's very important that I follow these figures, you know, on open interest because that tells you what direction, whether you've got more buyers and sellers. You know, in order for the market to go up, you have to have more buyers and sellers or shorts are covering. And that means the market is weakening. And believe me, we've seen these short covering rallies before and we'll probably see them again. So that's the main thing that we want to keep our cards and letters close to our vests to tell us where we're going to be on Sunday because that's going to be a real key. Because Peter's work said that the two worst days were supposed to be Friday, certainly not a bad day today. And then also Monday. And maybe Monday's going to be another update. So the key figure is based on what Peter said was if it gets above that exponential moving average, which is around 4370, I believe in the S&P and I don't know where we're trading at it now, but it's probably not too far from it. Given the way these markets are running like crazy. Yeah, it's almost there. I just see it posting here at 4367. So that's a pretty big handle to look at here. Okay. All right. Now the other thing is the bond market folks. That bond market is in big trouble, no matter what they do to it. And these, believe me, these interest rates increases, this doesn't mean anything. This thing with your trade, I think this is the volatility what's happening here, but it doesn't mean anything as far as the overall structure of the market. That there again is my opinion, but we'll have to see what happens as this unfolds. And that's pretty much what I'm trying to do here right now to see if we've got any 877-927-6648. If you want to call in, I would certainly appreciate it. And I will be adding a couple of charts here at the break that we can go through if you want to see something that you want to, that I have followed, have been following. I'll be more than happy to bring that up to you. So I'm going to take a little break here now and we'll see it in a few minutes. Are you having fun trading the markets, but having trouble finding like-minded individuals to discuss your trading and investment ideas with? Become an Apex predator in the trading markets and join the Tiger's Den Trading Room only at tfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows. 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And make sure you check out Tiger TV for free on tfnn.com or tfnn's YouTube channel for live financial content from 8.30 a.m. to 4.00 p.m. eastern on market days. Stop watching on the sidelines while other people get rich and become the investor you were born to be. TFNN Educating Investors TFNN is excited about our new software charting program The Art of Timing the Trade Charts. In collaboration with Tom O'Brien and using his best-selling book The Art of Timing the Trade, your ultimate trading mastery system, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, The Art of Timing the Trade Charts allows you to scan thousands of stocks for Fibonacci formation setups including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade Charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now we're offering licenses available at only $79 a month. 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. Okay, folks, I would just like to chat with you about the rallies that we're seeing right now. Back in 1972, I had the great fortune to go to Conti Commodities in Princeton, New Jersey. There on Mount Lucas Road, and visit my good friend Jay Cross who was working there. This was his last year, and he was working with Amos Hostetter on that trading program that was developed over a period of years. It was sold to Goldman Sachs for a lot of money many years ago. But we had a chance to have lunch with him a couple times and trade next to him. Remember, we don't have these machines and stuff. We had ticker tapes, and he had a secretary that ran his ticker tapes to tell him where the highs and lows was. He loved trading pork bellies and some other things, and so we were chatting with him, and I remember, I said, gee, Wiz, I said, why are you trading a one lot of pork bellies? He said, well, it keeps my mind off the other stuff, and I said, what do you mean by that? He said, well, he had a commodity run that was about seven or eight inches thick because he handled so much money. And he said, well, I've got huge positions in cocoa and sugar and coffee, and they're going against me a little bit today, and so I still have a plan, and I follow my plan without any hesitation. He said, it's the one thing I've proved to myself that my plan works, and so I want to do it. And so he showed us what was happening to coffee, cocoa, and sugar that day, and they were having a three-day rally like you couldn't believe. I mean, it was, I mean, like, two, three, four thousand dollars. Now, he had positions on that still had big profits, but he was setting through three and four thousand dollar profit, and this was a lot of money back in 1972, and he, you know, he'd set through that the whole way. And he said, this is the way I have to do it. He said, I know it works. He said, I'm only right about 50% of the time, but when I'm right, I'm right big, and when I'm wrong, I'm wrong little. And I said, well, I didn't say anything, but I said, yeah, it makes sense to me. He was a humble guy, and I'll tell you, he was the last person you think was a trader. He was a frail fellow, but very, very bright and very, very comical. He had a great sense of humor, and it was just really a pleasure to be around him. But anyway, that was one of the things that he did, and setting through some of those humongous losses and stuff is what keeps you in the game for when you catch the humongous doubts. And believe me, folks, you're gonna have a little bit of salt and pepper in this business, otherwise, you're gonna have to be telling yourself that you don't really know what's happening, and you've got to have a plan that you believe in, and that's the whole thing of what I'm looking at. I watch certain things. When my patterns don't work, I'm out of there. I don't really care. I'm not gonna sit there with a multi-multiposition loss, and the other things are killing me, and I don't really want to see that happening. But we are having this strong rally today. Here we've got 9.30, we're two hours into the trading. Well, 9.30 my time, 11.30 your time. So the key today will be the close, folks. If we close below, I believe 43.65 in the E-mini S&P, that's the trigger that this still could have some more to the downside going into March 4th. But if we don't, and if we don't, if we close above there, then that scenario is broken, and you have to follow that, because you've got to wait till the close. If you close above that, then you say, okay, no more shorts, I can't do it. I gave up yesterday some time, but I just don't like to see these things. You have the S&P up on the day, and you've got the NASDAQ up on the day, and you've got the Dow Jones down 500 points, and it's just setting there. It's just a matter of time, so that must be ready to rally too, and so that's what I was doing, and as soon as that thing started up, I said, well, might as well jump on board for a little bit. Of course, a little bit. It turned out to be 1,300 points, but believe me, I didn't get anywhere near that, but that's neither here nor there. Okay, I want to go over a couple of charts here. Hold on, do we have a caller coming in? How did they ever get through? Michael from Niagara Falls, how are you, Mike? Good morning there, Larry. Good morning from Michael. I want to look at XLP. That's the spider oil and gas one. Well, unfortunately, I don't have that in my group of things that I can post today, but I will, I'll send it to you this afternoon, right after the show. I'll post it to UGA. UGA, that's the United States Gas and Gas. Yeah, yeah, yeah. I posted those the other day for you, and I also sent them to you, but you're right. That UGA was in big trouble, in my opinion, because if you take, just let me show you why. Let me get the futures up, and you'll see the beautiful head and shoulders pattern in the natural gas, and that was very, very important. Oh, dear, don't tell me what I do with my futures thing. Hold on. Oh, boy, my eyes are so bad. You know, I can't find my futures thing. Did I delete it? I couldn't have, oh, shucks. Bye, Golly. It looks like I did, Mike, but I'm going to post it. What is the oil premium in this Ukraine-Russia conflict? Oh, Mike, I have no idea. No, I don't know what it is. It's a lot. I think it's 10 or 15 bucks anyway. Okay, how about the Iranian peace deal? If they were able to successfully, you know, resign that Obama deal from 2015, what's the oil premium on that peace deal? Again, I can't answer that question. All I know is it's got to be high because we've got backwardation and everybody wants oil right now. Yeah. But it's acting very poorly. I mean, we traded below 91 just a minute ago in crude oil because my beeper went off to tell me it was now down 10%. And that's just in two days. So in the middle of a war, that's not bullish. What are we looking at? We're looking at maybe the oil taking the elevator down minus 30. Easy. Without any trouble at all because there's been no open interest increases in this. All that was short covering. So there's no new buying. It could very easily do that. But Mike, do yourself a favor and look at the head and shoulders pattern that's there in the natural gas contract. It's just an absolute beauty. And unfortunately I've lost my futures. I don't know. Ah, guess what? I just didn't look hard enough. Hold on just a second here. Get it up here for you and you'll be able to see it right here, Mike. This is what I was talking about when I sent that UGA out to you. Look at that perfect head and shoulders pattern. I mean, it's just beautiful. I mean, the shoulder, left shoulder, higher than the right shoulder. The time between the shoulders and heads is correct. I mean, and the retracement back from the head to the shoulder is exactly 50%. And, you know, we're breaking, we're still down quite a bit. So it looks to me like this is a pretty substantial head and shoulders pattern in that natural gas. Well, let's make shorting oil great again. Okay, Larry? It will be, Mike. Thank you. Thank you, my friend. You bet. And it is so far today being short the oil. Let's hold on here for just a second. That's one that I wanted to share with you. There is a few others that I wanted to bring into your attention to because they've been talking about gasoline for a very, very long time. And I wanted to bring this up to you. Hold on one second here. And we get back from the break. I think we have a break coming up here in just a second. We're going to move down to a different time frame on this. You can see we just had a five-day minor sell-off in the gasoline, but I wanted to update that for you so that you can see what I was doing in the newsletter is what I do here. Just follow the patterns. And that's really what I'm going to be trying to do. So when we get back from the break, we're going to take a look at the 30-minute chart on the gasoline and see how it acted during that time that we said it should be a sale up there around that 268 level. We'll be right back, boys and girls, 877-927-6648. Keep those cards and letters coming in. 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. 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The Perspectus or Summary Perspectus 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, Foresight Fund Services, LLC. We're back folks and I wanted to share with you one of the, this was probably the best trade that we had all weekend. It ended up being a $250 loss. We were selling wheat and we knew that it had to stop exactly at 820, I can't remember the exact figure but it had a nickel risk in it and so what we did was we put the trade on and it wasn't more than about a half hour later that something happened in Ukraine or wherever it was going on in wheat because there's so much wheat there that the wheat exploded and went a dollar a bushel higher. I mean if you hadn't had a stop in there folks you could have been, you know, that's a $5,000 stop and man that really hurts when that happens so you don't want to see that happen very much. So that's why when you're trading with these things you have to use stops. I wanted to show you the next one which was one I don't do cocoa very often but someone was asking me about it so I said look we had a beautiful three drive to a top pattern as you can see here back on the 10th of February that's when the market topped. It was a perfect ABCD from the low in December it was a three drive pattern from the January high to the middle of January high on the 24th and then the high, the final high high number three up there on December excuse me, February the 10th and now we've broken down hard and we've come down to some pretty major support this week so I haven't checked it yet today but there should be really strong support at 2561 in the cocoa if someone's in the room that's following cocoa I'd like to know if that 2561 held or not just so I can because I know if it didn't hold I would be out there so I would be out of it so 2561 in the cocoa if it got to that level I would certainly like to like to know what happened to it so we're seeing sell-offs and some of these things pretty dramatically as you can see here that we've seen here in the grains here and also the oil seeds but corn down a buck and a half and wheat down $1 a barrel $1 a bushel, sorry about that and beans down more than $2 a bushel these are big moves folks that means that this is food and it's only two days and maybe it reverses from here who knows it might be just an emotional thing the exact opposite of what we're going in the stock market maybe it's a risk on, risk off with commodities risk off on commodities, risk on in the stocks and that's certainly a part of the game plan that you could be looking at all I can just remember folks if we get about 43.65 on a closing basis that is going to mean that this 13-day exponential moving average has been broken for the first time and believe me this is very important folks because Peter does a lot and I'm going to have Peter on next week for sure I am going to definitely do that but if you look at this this thing hit it exactly here this is what triggered the whole thing you'll notice on February the 10th when it's setting up there at the 61% retracement it triggers at 44.50 and that number now is 43.65 now if you go back and look what happened and I'm just giving you the figures folks you decide what you want to do I can tell you that right off the bat I can just give you my opinion here's the 1929 look at the look at the full moon there where it says FM you see how it's been following along this 3-day rally might be exactly where we are right now so you know this is very very important to pay attention to that because he did a lot of research on this and I have to respect it and also Shane still believes that we're going to see lower prices in the March 4th and I believe so too even if we get above 43.65 I do not believe a new high will be made in this stock market in my lifetime some of the younger folks will be able to see it I'm sure but not in my lifetime and I'm going to live another 10 or 15 years I hope which is good I think anyway let's take a quick look here the same thing here in the soybean oil that happened in fact they were all doing it together was another reason to say oh my god something's happening in these markets it is very important and it turned out to be relatively important in all of those but it's not necessary getting back to that figure here just a few days ago we'll put it up here we completed that ABCD patterns okay we came down and we went just a tiny bit below the level we didn't make the ABCD pattern but if the schedule is correct and the schedule is correct we're still going to make a lower low on the 4th of March which is 55 trading days from the last high the next low should be 55 trading days from the high if that sequence is still going so we'll know Monday because if we close higher than 43.65 then that's the figure that Peter says I'll say uncle and he will stand aside and that's the way he looks at it but remember he was selling up there well we were too up around that 45, 70 level but we took a little bit to get ready for a rally because these markets were acting like they wanted to have a pretty good spin up after all these other things were collapsing I had another request to talk about that moon chart that the gentleman Jerome from Chicago said I'll bring this up here and he's going to update this for us and I'll be happy to show it to you when it finally comes in but we have the big full moon is coming here I think the full moon is coming here on the 31st I believe it's very very close I think it's four days away so that'll be the first 27th that'll be Monday I believe 28th 28th that'll be Monday the first let me check this before I tell you my dates when you got that darn leap year the 27th is a Sunday Monday's the 28th and it comes in on the 27th which is Sunday so we're expecting a lot of volatility on Monday much like we're having today but who knows where it's going to be March the second at 12 30 p.m thank you very much Mr. Bill you must have your feminist right there in front of you so that's a good thing to do if you have any questions folks it's 8 7 up Al said that don't even bother he said the lines are so filled up today that you just won't be able to get in but maybe if you save your questions for next week we'll try to answer them for you if we can I think those are the main ones that I think oh a line just opened up if you want to call in 8 7 7 9 2 7 6 6 4 8 I guess the guy just got tired of waiting at 45 minutes to try to get through Al but thank you very much I certainly appreciate that one thing that is important today is the close I know it's you don't think it's possible that the market could actually have a tiny bit of profit taking during the day and maybe close lower than where we are now as long as we don't close above 43 65 this scenario that Peter like the stock market cycle has been looking at will still be valid so we'll have to wait and see but we've had a monster rally here for two days 1400 points the what do you call that thing the Dow Jones industrial average so that's a pretty big one OK I think those are the main ones that I wanted to do here we got a little break coming up here and then I wanted to share a few things on the foreign exchange markets with you and we'll get back we'll get to those also when we come back from the break so break is coming in right about now so we'll see you in just a few minutes 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 4.00 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 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