 The following is a presentation of TFNN. The Tiger Technician Hour with your host, Basil Chapman. Call now, toll-free at 1-877-927-6648. Part of the One Basil Chapman here. This is the Tiger Technicians Hour. My pleasure to be here on this Wednesday, the 26th, and of April. I'm just trying to get something set here. Is that what I've got? I'm not sure. Okay, I've got that organized. So the Dow right now is up 9 points at 33,538. So we've seen the Dow go from being extremely strong with a 9-period moving average extremely strong way over the 14-period to a sell signal yesterday having closed underneath the 14-period moving average. But we still have not seen the 9-period moving average as green line on the left side chart right here cross underneath the 14-period exponential moving average which would then, my charts are showing aren't they? Yes, which would then do two things. Number one, if there's a slide further down from here to the 30,000, say 400, probably that's going to, I haven't done it yet but no, charts are not showing. So let me do this. I'll do, I knew there was a problem right there. So I've got that, I've got that, go live. There you are. I'm sure you can see the charts. Okay, am I correct? They're saying yes to charts, no, yes, no, yes, no charts. Yeah, there it is. Okay, good. We're all set. Let's do that again. Dow's down 11 at 30,519. You see this little channel that I drew in there? We closed yesterday underneath it. We closed under the 14-period moving average. So I had to start to include all these technicals like the MACD crossing negative, the stochastic crossing under 80%, now it's at 57%. On-balance volume was very weak. Relative strength is weak. It was only this nine-period moving average that was holding up the market over the last week in a little bit and that's really important. I suspect if there's a lot of weakness today, by Friday we might see the nine under the 14-period moving average and that'll upgrade from a cell signal to a cell mode. I should probably call it downgrade because it's going down. But look at this and the weekly chart got repelled with the inside track repellent area. But have a look at this. Here's the S&P up four at 4076, that's even with I'm sure CMG, I'm sure Chipotle. Chipotle is in... I haven't updated this. So I had drawn in a long time ago. Isn't that interesting? I had drawn in a left-side, right-side price time match and it said based on this inside wedge target resistance line and the plum line that I chose as this particular candle at peak A right there. I wish I had looked at this. That would be by the week of the 21st of April. There was a chance that we could get very close to or even touch the high that was made back in September, the week of the 24th of September 2021 at 1958.55 and known behold today, Chipotle is up 247 in 2026. Oh my, what a mess. I mean, a miss on my part, not a miss on Chipotle's part. I just did not stop looking at it a couple of weeks ago when I had the instant restart in the daily chart and the monthly chart also had this cup formation. Is this an F or a new leg B? Well, you don't have to decide yet because this is still... The whole month has to be closed. We've got another couple of days to go. Then we can do an analysis on CMG1, an outstanding move. All right, let's get back to our story. So I think that there's a chance that Chipotle is in the S&P and the S&P right now as we were speaking is up four points. But I've gone from a cell, it's at a cell signal even though the line is still above the 14 but look at the angle. This angle says there's a real good chance that it's going to close below the 14 and change to pink from green. The magnus week, the stochastic is weak. The on balance volume is holding quite nicely. Retro strength is starting to weaken. So for subscribers, because we've been long and aggressively wrong along the Dow over the last week or so we've been taking money off that. We've got our core position from October, the October exact low. But actually what we're looking at here is that we went short via the S&P, three times short, the S&P, SBXS on the 19th, I believe it was, the day after, the day that confirmed the peak F-top at 41.69.48. And we're just lower the stop and we'll just make sure that whatever happens because that strength said that there could be balances in the Dow and the S&P. Look at this, the QQQ yesterday closed underneath, I think it's two days, no it was yesterday, closed way underneath both the 14 and 9 period moving average and it crossed to negative. There's the S meaning sell, Alice go long, S is either short or sell. This is just an indicator, you don't have to do that. I'm just saying, this is what we're looking at. And one of the things I was saying yesterday if you took the 321.63 high at the beginning of April, the cup formation and the retracement to 321.42 misses by less than 25 cents for making a new recovery high. Look how weak all the technicals were and that's the reason why I said just got to be real careful here, we've got a cup formation, it could turn into an arch formation. So these are patterns that I talk about all the time. I'll be doing a lot of work on these and I'm going to demonstrate them in my webinar coming up a week from today. There are basically three patterns that I like to monitor besides all the others, the rectangle formation, etc. but straight line up, straight line down, cup formation, arch formation, the market does this all the time. Oh, the cup could be a V shape pattern and the arch could be an inverted V but basically you're going from one point down and then back to that point. How does it deal with that point when it gets back or in the arch formation? How does it deal with an F side low? Why did I make this read? Because this pattern called the dreaded H says if you come down and then you're rally and then at a peak A or B, the first or second peak you start to fell and you take out that F side low, look what happened there, there's the arch formation. This is a peak A and a peak B, it goes to B minus because it failed over there. You can go a lot lower if you take out and close below that left side low. So we'll see what happens because the most important thing is you've got two sessions, maybe three, in which to close above the left side low. In this case, 312.57. We're at 313.36. We're above that right now. That's a good sign in this particular point days. Young, we'll see what happens. So, as a sense, the QQQ is already in a cell mode. Cell mode because it's the nine-period moving average has gone below the 14-period moving average. We're going to be watching this closely. That doesn't mean to say, oh my God, cell mode, that's the end of the world. It just means it's upgraded based on the pattern. The pattern can change to the very next bar. But that's what is at right now. And if I say that, I must tell you, the weekly chart is still extremely strong. In all, look, look at the weekly chart, the cup formation failed under the previous high of 334.42. That's his consolidation. But have a look at the S&P, the S&P itself. Look, the technicals are still pretty good. And if you look at the Dow, the technicals are even better than the weekly chart. Look at this, the technicals in the weekly chart. I'll be back in a moment. Dow is down 86. S&P is up $1.70. 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. Are you looking for a way to consistently add winning trades to your portfolio? Tommy O'Brien is here to help. Tommy O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tommy O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tommy's daily market newsletter, Market Insights, is published every morning when the markets open. 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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. With live programming hosted by a variety of professional traders during market hours. The Tiger's Day. 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. Hi folks, so the IWM the Ross of 2000 is making this arch formation but much lower down than the others and that's really not a very good sign at all. So at 171.87 down $1.23 oh it better hold 170 otherwise it retests that low of 167. Let me just say 160 167.46 that was made back at end of March. Now we go to Gold and Gold is up $4 at 2009. Now this is fascinating because I've considered that Gold is now in a consolidation phase. It's in this rectangle between 2000 and I think it's 47 let me just say 34.2034 and I would have to say 1976. It's kind of stuck there holding very well when you consider the big move that it's had. If you look at it together with Silver Silver is now trading up 0.35 at 25.23 also just stuck there holding above the 14 period right on the 14 period moving out the 9 is over it but they start to weaken I would I would be looking at this and saying probably 24.80 what is that high 24.73 yeah the 24.80 to 24.50 now to support that's you're going to see a bit more decline in in Silver. If you look at nest that I showed you high grade copper had a horrible session it's not very good today it's up a penny at 3.86 just not doing very well it's made this dreaded H pattern it looks like it wants to take out this left side low of really March the 15th now March this is 16th or 15th 16th the low is 839 and yeah it is at 8 at 3.86 it looks like it wants to test it in the daily as well as the weekly chart even the monthly chart now this is going to be very important why because we're looking at I just want to do crude oil for the moment because crude oil is also very weak see we're seeing weakness right across the board and down at 30 at 75 76 and crude oil natural gas natural gas is trading sharp below a down point to a reason why I said I don't want to touch this is because something is deadly wrong with this natural gas contract as I'm sure some points in our huge move to the upside until then I it's it's just terribly dangerous within the context of the currencies the dollars attempting each time attempts to rally and then fails and attempt to do that yesterday hit the 14-period moving average of 101.89 now it's at 101.06 down 78 so it's not acting well at all if you look at the EUR USD and this is what I was saying the other day that the currency the Euro is actually doing way better the Euro usually goes in the direction of gold not necessarily the same proportion just the projections are kind of parallel they moving to the upside so it's in the cup formation it's nicely over the left side low of earlier this year the weekly chart is in monthly chart is in leg B the weekly chart is in leg F slash B we're at leg D and the daily charts had a spectacular move if you look at the EUR USD that's the yet that's our UR just like that USDJPY there we go USDJPY make your peak E you're pulling back it's done way better than the dollar these two usually go together the dollar and the yen not in the same proportions just kind of the same direction and now it's made a peak E and pulling back we are in a very uncertain moment and the reason why I can say that is if you look it's not so much look the treasury bond ETFT TLT this is a 20 year treasury bond it's actually 20 or more years it's still in the range I said this weeks ago I said watch out it looks to me like bonds especially the TLT are just it's trading within the range of 109 on the top side 103 on the bottom side it's just there it's just there it's not yet doing anything on the upside now what's fascinating is I had a question about IEF IEF is this is the IEF I can actually read it it says daily I share 7 to 10 year treasury bonds and look it's in this cup formation basically it looks not dissimilar to the let me just do this right here not dissimilar to the TLT but slightly a slight variation on that pattern basically it's still stuck in a range that 200 period moving average and how important is that in my webinar coming up on a week from today I will be discussing what's the implication what's the success of a 200 period moving average in just having it on your chart and ignoring it until you need it it doesn't help is it there it's just messy I don't like messy things on a chart although some charts I keep the notations there just because the study process that I have for subscribers and teaching the techniques but basically look this 200 period moving average in the IEF look how important it's been at one point I'm just going to go back back back I'll go back as much as I can here we go at one point it was trading above and then it pulled back look here it is nicely above and then look how long it just hugged that line all the way through 20 21 from about late September into January almost January of 2022 that 200 period moving average became a magnet it was a support level than a magnet as there was a sine wave as it went wiggling yo yo yoing up and down over and under over and under and sort of broke down and since the breakdown on the 29th of December 2021 that IEF chart has not even come close did you even need a 200 period moving average up until just recently no but wait a minute my rule of thumb says when it starts to be when it's very distant and then it starts to get closer and closer and closer and closer then all of a sudden that 200 period moving average becomes a magnet and then what does it do it produces this sine wave up and down up and down trading range and this is 99.37 that's your midpoint and yeah you are just fluctuating so I don't see I've been saying for a while that from my eye I believe that bonds are just stuck in a range for now so bonds are really not an issue there are other things on issues I did that I did crude oil I wanted to let's just go to Microsoft Microsoft came out they blew away earnings everything was just great had a big spike up up 19 right now to 294.75 hit 297.30 earlier on and this is now a recovery high look at the weekly chart I can call this an F a G slash C the technicals are so strong the stochastic is flat we might just go sideways if there is any digestive phase and then still make a D beautiful cup formation I had this cup formation drawn in left side right side price time match saying that the high that was made the week of August the 19th 294.18 sums down to the 210 level I drew this in and said inside we're just correct excuse me by the 14th week of the 14th of April we should be retesting that high well what did it do the week before it went to 292 sorry 2 yeah 192.08 pulls back and today broke above it isn't that fascinating I'll be back in a moment down 164 SMBs down 8 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 XAU HUI GDX, the 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companies other than Tesla which at this point I still wouldn't be looking at on the long side that I thought was a viable a really viable company that I at least have been following I used to have this notated I had this notated going all the way to D then it fell sharply and then I forgot about it went to an E in the monthly chart they're trading right now at 59.08 and the monthly chart is in this kind of a rectangle formation the weekly chart has started to improve it went to a peak D remember peak D in the fourth highest peak in the Chapman wave that's what we always like to see a buy signal upgraded to a buy mode meaning that you should go to at least four higher peaks and other things can happen it did that but it pulled back very sharply more than 50% and now it's back at 59.03 I like this I would still say if you're trading Chinese stocks you've just you've either have to have a longer term outlook or very short term and take your profits and get out and start every day fresh so this could be an E slash B but I'm calling an E at the moment in the daily chart so yes it is very nice I think it's also going to be stuck for a little while between the 60 maybe 62 and a half 63 area on the upside and I would say it's got pretty good support in 50 is it 59 right now between 55 and 53 so yes trading it that way or maybe I usually use options that's a good way to do it question about PCT PCT is pure cycle tech Inc. recycles contaminants into pure polypropylene so what we're looking at is this an arch formation in the monthly chart and it took out the left side low so this is trough a I think that's a B and CD so this is saying there's a lot of weakness the weekly chart says yeah you might have bounced a little bit but it's still looking very weak the daily chart says I think we spoke about this that that big spike yesterday and then the close near the bottom and then a fulfillment today to go halfway into the week that's really good it says shorter term this is huge gap from the low that was made at $4 and 44 44 on the 9th of March then it gapped up four days later went to peak a pulls back to the 9 period moving average then screams to leg B doji canal that makes a peak B pulls back and gives up almost all of it and starts to fill in the gap and then yesterday gapped up and today the low is so far higher than yesterday's gap up failure to the low of the day so it's this is not bad action I'm just going to say to you if you've done your homework and you're like the company then I would not get carried away just start little bits of a position knowing that if it breaks under $4 and 30 cents this thing can go all the way to three in a heartbeat but at this point it's starting to pull someone's putting some money into it because it keeps having these spikes but it keeps giving it back with lower highs and lower lows I don't like that I want higher highs and higher lows that's the reason for subscribers why I say today that we're raising the stop on a position we just got because I like I liked it on the way up on the way down if it took an extra day to try to find support and then it failed yesterday so I'm not interested it'll be a tiny loss a small position we can get back into that any time I'm raising stops I'm not getting it when we've got split positions and we've only got the one position I'm not adding that second position just yet I think this time I want to have cash ready this market is going to give us a fantastic that's the reason why I wanted to do the webinar a week from today because I think in this particular phase we're starting to look at positions that are some stocks that have shown really good tenacity to hold on pull backs and move very nicely on the upside and these are the ones that you want to be looking at on any market pullback coming up so I'm putting this this pure cycle doesn't fit into that category it fits into the category that if you've done your homework you want to just have little positions let them add up over a period of time so that if there's a sudden take down of that 430 support you can get out and yes you take a loss but I would not treat this as my big position that's going to I'm going to retire as soon as this goes from six dollars and one cent to six hundred and this is just not that stock yet so just be really careful it's still in a very vulnerable position it is trying to form some kind of so but the fact that today is giving getting back some of the loss from yesterday after that gap to the upside that's important that says there are buyers but be careful that's all I can say what you really want to see is within today's Wednesday by Monday Monday or Tuesday you do not want to see a close below five that's number one and preferably you want to see a retest of the high that was made yesterday at six dollars and fifty four cents doesn't have to be six fifty four but I want to see six forties touched in the next couple of days now say wow now now starting to build it's kind of impressive but it isn't yet the next question came in I'm not sure yes ITA ITA I hope I've still got this notated yes I shares you as aerospace and defense let me rather go to the one that I always follow which is the PPA which they look pretty much the same this is the investor aerospace and defense portfolio looks exactly the same just different prices it went to peak A peak B peak C peak D peak E and I drew in the rectangle there to show the top how important that top was and it failed under it I don't like it like the Dow and there's I don't like failures under the previous major high I want every new buy signal to buy mode power through the left side resistance and turn that resistance into future support we have not seen that that's the reason why when I did all my homework I said I think we're vulnerable to a pullback I don't know how much yet I have an idea of my mind but the mind is that's two separate things the chart has to prove that you're right and so far look what's happened the PPA investor aerospace and defense portfolio is trading at 7903 down a dollar 62 after big red candle yesterday under key support in the 80 level today it's at 79.03 and you've got your potential double top in the weekly chart and let me show you something else is what I like to do another thing I'll be demonstrating in my webinar coming up for subscribers to my opening call a week from today look at this vertical test look at that peak F what was a leg F in the weekly chart back in March the week of the 10th of March look at the MACD was good stochastic was still over 80% on balance was really good look what's happened here and that doesn't say oh my god that's the end of the world it just says this side is way weaker you deflected lower in the MACD didn't even cross positive it just deflected lower stochastic is now at 67 on balance for them still good and the nine period given if it happens for another week or so that nine period reaping average will finally be negative so I'm just saying be real careful in this area and I think I have to put Boeing in this area obviously Boeing is holding okay it's up $5.08.03 look at that weekly chart it's just kind of steady I'm keeping my eye on Boeing because I think for the next week move up maybe this time Boeing will really participate I'll be back in a moment I've downshot 17 as to be down to Basel Chap and Tiger Technicians hour 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 XAU 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 has been successfully trading markets for over 30 years a frequent contributor to TD Ameritrade Network and CNBC Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you Tom's daily market newsletter Market Insights is published every morning when the markets open to give you the competitive informational edge you need to succeed these newsletters are packed full of Tom's advanced technical analysis and a lot of gear to deliver comprehensive strategies for a successful portfolio get Tom O'Brien's newsletter Market Insights today and try all of our products and newsletters 30 days risk free with our money back guarantee at TFNN.com TFNN educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade LABU BD Directions daily S&P biotech 3 times bull and bear ETFs visit Direction Investments.com slash biotech today an investor should consider the investment objectives, risks, charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact Direction Shares at 866-476-7523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor 4-side fund services LLC this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ I just wanted to show you how a technique that I use very often I look at rectangles and it's surprising to have a very narrow range you can get a long narrow rectangle and what I do is I count the peaks etc but if it pops just once after a while it pops above the upper trend line resistance that's the rectangle horizontal line resistance and then takes out a midpoint horizontal line what we're looking at is the chance that you're going to go underneath test or break the left lower trend line and go sharply under it and then maybe come back to retest and then you're going to see what strength is larger rectangle as other connotations so what do we have we had from yesterday just as about the close when there was that pop-up just before the close and then we ran up to the 41 I think it was 15 let me just check the 41 16.25 high and then you made a 41 08 low and it stayed in this range all the way through and then went to a peak D just a fraction under that trend line resistance and then it took out the low and then what's the rule of thumb it tries to check to say it happens so quickly it doesn't get a chance to say goodbye to its friends it has a little pop-up and then that halfway line becomes the test and if that halfway line is not exceeded you can go back down in the arch formation and there it is the arch formation so we went to the left side I like to do this I do it more as an experiment because it's almost impossible to say it's such a long period of time I have a particular either I can see visually an arch or a cup where I can say that is definitely the plum line that I can use from counting the number of bars from the left to the right otherwise I have to use a particular candle I always try to I try to I have very strict rules and I can use some of the rules but you really don't want to make up rules as you go along because then you've got what's the use of any methodology if it's so flexible that it doesn't really have rules so I did this I made this particular count right here at 20 minutes bars 12 I did this much later on because I was sleeping at that time well almost about to sleep and that was the 4108 low 4108.50 and I said if I take that and I do a measured move from the left side to the right side where would I get to and I just left it there and said let's see what happens in the morning I forgot about it in the chart of whatever it was we were following just a moment to go what was oh CMG right and then I also showed you the cup formation in let me just have a look here because I've really forgotten what it was cup formation in one of the charts so all right what I did was I drew that in and now we're over here we don't know anything about this particular one and look where it went it went right it was a bar late in a 10 minute bar it was a bar late using this is the plum line but it made a beautiful arch formation with nice symmetry I didn't expect it actually to test that low at that time when I woke up it was actually over here it was before it was like I was there when it just flipped to an S from an L to an S meaning sell and there it started coming down we were already in the 41 oh 8 area did I think it would test the 4091 well it did so then what happened is we made the cup formation arch formation sometimes you switch between arch cup arch cup that's the side wave pattern but this one's making lower lows and lower highs and then we made a second arch formation took out the left side low and this is where we are and that just says buy later today buy maybe 130 this afternoon do 130 and 210 this afternoon if the S&P actually instead of being down 325 it's not too bad actually down 325 after yesterday's action if the S&P is trading about 41 oh 8 to 41 10 this is the E-mini there's a chance that there's a little there's a kind of a comeback later today and that's the reason why I said that 9 period moving average way over the 14 period moving average still gives you reflexive upside action so we're going to be watching this very closely obviously a move below 40 I'd say 4070 says huh forget about it not today folks so we're going to be watching that very closely here's the other thing I wanted to talk about so did I do that in you question about in you or I've got the chart of meta platforms right here it's up $3.64 he made in Chapman methodology made of G C the reason why I have an alternate count there is that the MACD and I'll talk about this as well was flattening out but the 9 period over the 14 was so strong it said can we just keep the alphabet going you don't have to give alternate counts until you get to G we always are making a rule now one of the few rules a couple of rules that I've changed from my CD introduced in the Chapman methodology book that said you from an instant restart that's where you can have an alternate count in this case it was not 3 bars but 5 bars from that PD that took out but everything about it said that if this 9 period moving average is very strong just keep counting alphabetically up and there often you find at GCSE there's a cup formation and then there's one pop to a D and that's where you get the big sell-off and it's a leg D going to a peak D in the weekly chart so meta says it's been a spectacular move from under 100 to the 220 area now it's a 211 how it pulls back in this particular consolidation I call it a digestive phase that we're in right now it's going to be important but 202 is the 9 period weekly moving average support 192 is the next one I'll be going to go that deeply because it will take time to do that I don't know yet but I can just tell you this based on the lower lows and low highs if meta takes out 205 as 205 support there's a real good chance that this whole gap and the low that was made in the 202 to let's call it 197 area that's going to be the next target I don't want to draw it in now maybe when I do the one o'clock show I'll have a chance to do it and then I was about to talk to the issue I shouldn't have done that I wanted to change it and I saw meta I said let's just finish this chart right here oh I know what I want to talk about so a couple of questions came in about oil is this the time to be buying SCO SCO I'm typing the wrong place let me type it here SCO goes the opposite way of oil SCO is the United States this is the pro shares of the United States oil fund when oil goes down this goes up so you know the person who asked me that I know that you've done this many times before you're not unfamiliar with the whole process you're unfamiliar with the fact that oil can have very sudden moves like any commodity overnight things can happen but I must tell you that I looked at this so closely the other day because I did hear talk about oil speed up the hundreds etc I don't see that I think oil is stuck and I'll tell you between oil a high grade bonds a high grade copper and wood the ice is global I think there's a slow down economically worldwide that's really what we're looking at so I'm just going to say yeah I'll talk about it when we get back I don't want to TFNN has just launched their new trading room the Tiger Zen hosted at Discord TFNN has been educating traders for more than 20 years with live 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when you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis after all he's got 45 years experience as a day trader Larry will also provide daily charts, videos and data on the key markets that he's tracking expect notifications from Larry on market movement you need to act on at any time first time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up subscribe to the Fibonacci 24-7 newsletter today TFNN.com Educating Investors Think or Swim For more information just click the Think or Swim banner on the front page of TFNN.com Let me just finish this here quickly this is the right side price time I'm just doing this it says that by 11 o'clock that's another couple of minutes five minutes or six minutes we should be testing the 4095 area to 4096 so we'll see what happens there and key support now is at any point to the next to 20 minutes if there is a two bar trades under 4086 that says there's a problem it's just really stuck can't get any upside traction at all a couple of questions came in and I don't know if I can do it now but I'll be back at one o'clock in another two hours time and I will do them so the question came and so PCT if I could look at it I'm just going to make it real simple if PCT trading at six dollars and four cents by within the next I'd say it the next two and a half hours if it actually starts to trade and hold for 20 minutes above 624 there's a chance it could try now rather than wait to get to yesterday's high but it really has to hold there because if it takes out 580 support that's a problem. Next question was just running through this quickly yeah please review the 60-minute chart of BBAI so let me just do this here BBAI BBAI is bigbear.ai holdings trading off the peak DTOP that was made in exactly the left side right side price time match to the $3.63 area pullback yeah this just says $2.36 is the $200 moving average you can't get away from that so folks I'll be back in the meantime if the S&P which is up a dollar right now is able to get to about a plus 10 plus 12 by G10 I'll be back before then by G10 we could have at least a nice recovery bounce today into the close but this says to me it's really struggling I'll be back