 Let's get over to our man Mr. Basil Chapman as we do each and every Tuesday at 20 past the hour. And don't forget, folks, Basil does an outstanding show here every trading day, 10 to 11 Eastern stands in time, also has a great newsletter, the opening call. Now, it's very easy to get Basil's newsletter, folks. You come over to our website at TFNN, you go into newsletters, you're going to see it right on the left-hand side, the opening call. You can get the opening call for one month for $149. You can get it for six months for $695, which is a savings of $199 at 22%, and you get it for one full year for a price point of $1195, which is a savings of $593.33%. Now they all come with a 30-day money-back guarantee, folks. And what Basil has, he's done many workshops. You have approximately 10 to 12 beautiful archives there that you can go through. You'll really get to understand how Basil looks at the market each and every day. Basil Chapman, how are you doing? Hi, Tom. How are you? I'm doing good. I heard you had a nice weekend. I was listening to you this morning and you were listening to the orchestra. What was it? What were you listening to? It's very interesting. The Metropolitan Opera has a live HD, high definition. They video it at the same time so that it gets broadcast around the world. So you don't have to go to the mat, you don't have to spend your $400 a seat or whatever it is. You can just go here. In fact, in Chestnut Hill, there's a really nice cinema. That's great to know, man. There's a lot of seats and all that stuff, and we were sitting there watching the opera. It was really... Oh, so you went to the cinema at Chestnut Hill Mall? So we go to the cinema and you have this huge screen and of course it's like sport. You know, when you're looking at sport and you're up in the beaches, you can barely see, but you have to be up close and that's very different. That is so cool. They focus on the soprano and the tenor and the bass. No. Listen, right when you were saying it, I said, I like going to football games live, but the reality is that it's pretty hard to get away from the screen because the cameras have gone so good, man, that you're sitting at home. So good. Yeah, exactly. And they pick up the nuances that you really can't see if you're too far away. You know, I don't know if you saw this this morning. One of our Tigers folks, he's an amazing sax player. In fact, he sold the first one million singles as a jazz player. His name's Charles Lloyd. He got Man of the Year in Europe. He's on the... That's fantastic. You see that? The Den this morning? I missed. He played in Boston last year. I just missed him out of town when he played. Fabulous. You're going to have to see him next time. He's amazing. Pull up at his website, folks. It's Charles Lloyd. He's freaking amazing, man. It's awesome. Yeah, everyone talks about him. He's really terrific. Okay. What are we doing? Let's go. So market-wise, talking about terrific, we had a really terrific move in the down from the 200-period exponential moving average. I thought I'd just show this just as folks who are listening for the first time or maybe don't know what I do. I try to identify the lowest low bar with certain techniques, and then I count each successively higher peak. And the idea is that if you get that turn around, that initial low isn't taken out. You count each wave, and I alphabetize them sequentially on the upside, ABCDEFG, and on the downside. But it's at fourth highest peak, peak D, where other things can happen. So the target is start off, and then you try to see if there's an upgrade from a buy signal to a buy mode. The moment I mentioned buy mode, well, there's an up arrow that says there should be at least four higher peaks. Well, if you look at the Dow in the daily chart, at that peak D that was made back December the 1st, it pulled back and then just barely made a peak E at 34,712. Then it came tumbling down, and it hit one of the techniques I use it. I liked it before, and I teach it to subscribers, I say, just put it on your chart. You don't have to use it until you need it. Well, the 200-period moving average over here, when it was at the high, you just, you didn't need it at all. As it came down, look how it held beautifully. So the idea is to count each successively peak. Well, we got to that peak D. 34,342 on Friday, and I said to subscribers, we've got to be a little careful here. There's a rotation going on. I would like to see the semiconductors, the QQQ, the index 100, that is, and the IWM start to show some support. The S&P is doing okay, but if we can see the others join in, maybe the Dow has a little bit of a pullback as we start to see the others strengthen. I think that's kind of what we're seeing here. Look, here's your peak D in the daily chart. We've only got a B in the weekly chart, and it's above all that resistance. I call that the inside track repellent, propellant line. And there it is pushing higher. But if you look at the S&P, you will see that the S&P has still not been able to break above the weekly resistance level. And what's interesting is stopped dead at the 200-period moving average. Look at this little doji candle right on the 200-period moving average at 39.955 right now. We're down 4.50, which is really interesting for those Goldman Sachs and our travelers are the weak links in the Dow, really dragging them down. But look at this, holding right at D. But the technicals, that's what I've been saying. And when I did my weekly overview for subscribers on the weekend, I go through all these different things and what we're looking at to try to build up a portfolio for this first quarter of the year. I said that the technicals are strong. Look, the MACD is very strong. Sycastics at 94%. That is really good. On-balance volume is lagging a little bit. Yeah, this little gray line is a relative strength. So a lot of action in the S&P has said that we're getting confirmation in the daily chart, but look at the weekly chart. It just cannot yet get through that resistance line that inside-track repellent zone. So that's going to be very important. By Friday this week, I would like to see the S&P at least in the 4050s, 4050s, that'll be important. The other thing I want to, I mentioned this last week, so I'll do this again. The rotation is fascinating. Look at this, Van Ek Vector Steel ETF. He has the monthly chart, because strong it is, considering that was the high of April at 70.43. And here it is at 64.83. It's only six points off the all-time high. But the weekly chart is very strong in Leg C. And the daily chart is very strong in Leg C. So it's really important, I think, not to have just an overall conception of what you, if you're reading in the papers about the market, that everything, it's not that everything's terrible. There are some areas which we try to be in, which are working very nicely. And the other areas that you've got to just be very careful and very selective. So that, and look at this one, PAVE. This is an ETF we've been following for a long time, Global X US Infrastructure Development. Look at that. Here's the monthly chart, very close to the all-time highs. Daily chart made a peak D, now it's stalling, still acting very well. And in Leg C and the daily, we should still get to a D. So there's certain sectors that I think are really important to monitor. You were talking about the dollar just a moment ago, but let me just go to gold for a minute and show you that the strength in gold is it's being consistent. Look at the weekly chart. Every single week, just for this little, there's a peak A, it may be low. This is gold itself on the continuous contract in November, the week of the fourth at 1633. This is a continuous contract. And look, each give back of the peak has just been almost like a little breather. Yes, like nothing. Yeah, right. Yeah, so I think that that's very important. So once again, we do look at the dollar and we are actually still long the dollar from 2018. But look at this dollar pulling back sharply from the 114 high, but I've been, and my show tomorrow, I'll show how many times so many of the indexes and so many of stocks and so many of the key are testing the left side lows almost to the penny. Look, 101.30 back in June, and here we are in 102. Fascinating. Folks, you're moving our website at TFN, go to the newsletters, you see Basil Luzard opening call right on the left-hand side. Bows up a great one, safe one. We look for a show tomorrow. Thank you, John. Thank you. Stay right there, folks, to come right back.