 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 Tuesday, the 28th of November almost wrapping up the month. And let me just start off with this because you know that I always look at the markets in terms of how does the market react to bad news? There's always bad news out there, but most of the time the market just ignores it. When it gets serious, that's when you get these sharp declines. Well, at this particular point, this little topping motion right here suggests to me, and I'm about to put this in. I have to wait for the end of the day, but I'm real close to putting a little rectangle there to say, I think from just at this point on the very short term, we're going to have to monitor to see if there's bad news. And the only bad news could be, and now I can go to the, so I call this the Chapman Wave Dark News Cloud Cover using the Dow Daily chart. There was this whole wide range from November of 2022 all the way through to this most, to the breakout in July of this year. We came down sharply and we made internal loan, residual loan, and now we're getting real close to the slowing down of the upside momentum, the slowing down. So we haven't got there yet, but I'm just saying, what would constitute some kind of negativity that the market, not the news media, but the market is taking the news to be market poor? Well, look, the Dow is stalling right here. It's had a fantastic move, 32,327 to 35,410. I mean, really, over 3,000 points to the upside. You can understand some kind of a breather is in place. I wouldn't say needed. The market doesn't know it needs anything, but would be expected. And you've had the single leg A up, almost a one-to-one to the upside and we're falling affirmation in the weekly chart. But look at this. So now let me show you what I'm looking at. We're at D in the Dow. Leg D, maybe a peak D today if there's no new recovery high. This is the daily chart. We're at in the S&P. We're already, we've made that peak D right here. It's a little cautionary action right now. So we're starting to pull back a little bit, but this is nothing. This is like a, it's like an eye blink from what happened. 4103 to the most recent high of 4,550 over 68, 4,568. I mean, this is just nothing. And look at this massive move. There are so many leg A's to the upside here. And in this particular instance, if it goes above 4,6007.07, I really do have to call it a new buy signal. That would be incredible. All right, so now let's just go through this one at a time. So that's the S&P trading down 7 at 4,543. You've got the QQQ down just 53 cents at 388.64. Made a peak D at 393.07. Second, four sessions to kind of consolidate. This is the fourth session, I should say. The third session from the most recent high, but even that was a consolidation session. But it made a new recovery high. Here, it could be E, could be E slash A. Don't worry about the weekly. Let's go one step at a time. IWM, not very good action at all. It's just been stuck. It's just not being a place to go to. I shares Russell 2000. I'm going to put that in with ARKK, which is a little different chart pattern. It's made a new recovery high today. That's the ARK Innovation ETF. But look at that monthly. And look at that weekly. It's coming back from the weekly. Good. Wow. I mean, what a hit from 125 down to the 29s. Here it is at 45. Pretty decent rally. But I'm watching this closely. It's getting a little toppy, but no technical sign yet of a pull-backs. A leg D. Now, what I wanted to show you is this. A Microsoft leg F. It could be an instant restart, but for now I'm calling it a leg F at a new all-time high. All the technicals are good. Unbalanced volume is a clue to the fact that it's getting a little bit toppy. Let me just go through IYT. That's the Transportation Index. Peak E pulling back a little bit. It's really important for the transports to be moving high. They don't have to make all-time highs, but they should be moving higher. They have moved higher. The weekly chart is so close to turning positive in the nine-period moving average over the 14, but it hasn't done that yet. And the monthly chart is just kind of stuck in a range. Look E, we've got CRM, which is salesforce.com coming out with earnings today. And is it today or is it today? Yeah, I think it's today. Maybe today or tomorrow. And where is it? It's at a leg D, maybe a P-D today. There are so many Ds. ALB, I mean Albemarle. Got a message yesterday about Albemarle. No. Why did I put Albemarle? Oh, no. Albemarle is just something to look at. I have no interest in that. Look, Zs. Zscalers. That's what it's called. Zscalers makes a leg D yesterday and it drops today sharply down 527 for possible P-D and a doji candle high. Listen, these are all on Investors Business Daily list. Top 50. QYLS. I hope that's correct. I guess it's not. QYLS. Q, let me find it here. Don't waste time. Q-L-Y-S. Q-L-Y-S. You've got to put the symbols in correctly. P-D. Pulling back a little bit. This is Qalus Inc. Detects vulnerabilities on all network assets. Anything with an IP address. I can just go on and on. ELF. You spoke about ELF just recently. That was starting to bounce back after being a monthly P-E. Huge pullback from the 140s down to the 80s. Nice move back right now. It's in leg D. I can just go on and on. And D. Oh, I forgot to mention this. The whole reason why I'm mentioning the D is that in the Chapman methodology, the whole idea is to be able to get you from a starting point. Right here. I've got two of those. One. A starting point to higher peaks. And at the fourth highest peak, peak A is the first. B is the second. Higher peak C is the third. Higher peak D. Other things can happen. That's where you can have your sharpest move. You can have your instant restart. You can go to EFG with an alternative calendar. C that goes to A. But this is very important. Bicycle to buy mode to a D. That's where other things can happen. Bicycle to buy mode in ELF. ELF beauty. And there it is. Now. Look at this. Did I type in the wrong place? I did. Now. I wasn't going to say now. Look at this. I'm going to say now. Look at now. Service now. Cloud auto management workflows. IT service. Double top of the PD. Not a big pullback. All I'm saying is that this is where there's kind of a stalling action. And you can expect maybe something else is going to happen. D U O L. Now these are all from Investors Business Daily. Dua lingo. Inc. Oops. Let's get that right up there. So if there is a leg D. Maybe a peak D today in the daily chart. Leg D in the weekly. Leg D in the monthly. But we can go on and on. So why am I. Why I'm just a little bit cautious here. We've set in place our first short position. And that is because if you look at. The dollar. A hundred and two was our target. As a key support. But where are we right now. We had a hundred and. We're at a hundred and two point ninety nine. We went down to a hundred and. I'm trying to find it. Well. If you're looking for potential trading setups in the stock market then rocket equities and 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 and 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 dot com. TFNN educating investors. 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Toll free at 1-877-927-6648. Internationally at 727-873-7618. While I'm looking at these Ds, doing the dances. Good morning, Basil. Looking for an entry long position on AERS. I'm not sure about this. This is crazy. .003. I don't know if I could even recommend this. I mean, I don't know why you got a book and appointment. Sometimes it doesn't even trade. Maybe it's the long symbol, but you do say remember TW, I certainly do. That was trade. I put in the down by mistake. Trade Web. Yeah, look at this. Fantastic. This is a peak D. If there's no new high today. Here we go. Tap, tap. Leg C in the weekly chart. Leg B in the month. The 102.33 was the major high back in December of 2021 or January 22. And then a plummet is a half, I guess cut in half by 51.47. The low, I guess it was in October-ish, 2022. Now it's in leg B. I'm going to call this a blue B with the stochastic and monthlies at 91% in the week. It's 96%. It's 88%. And it's got a leg D, maybe a peak D today. So are you sure? Let me just check. I thought you were looking at something different. There was nothing to see there in that other. So A-R-E-S. Yeah, this is A-R-E-S. It is management corporation. I've seen this before. Haven't done any analysis at all. Where's an entry point? Is this in real estate? Is this managing properties? I kind of like the chart in this environment. It's almost an all-time high, or at least most recent, a yearly high. I would get right here, 109.45. I would start just to start A-B. Yeah. Okay. That is going to be, this is going to be brand new. Yes. I like it. A-B and new high above 110 or one source C. I would start a position right here. And I just have to give it the rest of the week until Friday, because 107 is key support. If it pulls back to 10820 in the next couple of days, I'd say don't add to it. But looking at it, this is, I mean, there's nine people moving average over the 14 in the daily, nine over the 14 in the weekly, and fantastic. This is a stock that if you got in just based on this one technique on the weekly chart, if you got in as it broke out in January, the week of the 13th of January, 2023, 77.68. I'll go to the height of the low of 69, but 77, you'd be looking 30%. Yeah. This is about a 40-something percent gain. So this is acting beautifully. It's getting a little tired, but hey, it's still looking really good. So yeah, double here. Next, great. So I need to do this before I go anywhere else. I almost forgot. Let's say, hi, Basil. Happy holidays. I never got out of SYM. That's symbolic stock. And now have a very nice game. Thank you for turning me on to the stock. My question is, if you still owned it and were in around 32, where would you put your stock? I have a stop on half at 55.99, just under around number 56. That's not a bad idea. And the other half just below today's low of 49.05. Do you think there is much upside from here? Thank you to Subscriber. So yeah, we've had this since 21 actually. And so let me just go to Symbodic. SYM. Yeah. So Symbodic is trading at another high, a recovery high at 58.92.6. Up 73 cents. So it gapped up on really good earnings. I've been talking about this. In fact, on this past Saturday in my hour long, every weekend I give about an hour long. It's like almost like a webinar. I give a video. I discuss all these things in great detail where we are, what we're looking at, what we want to buy. And I've discussed Symbodic. We had taken profits all the way up to almost the 64 high. And then on the way down when it was stalling, we tried to get in and it just, I'd said, you know, this is one, I kind of feel comfortable saying you could buy it without a stop. But how can you do that in this market? We've seen some stocks just get absolutely hammered if they make one little mistake. So I say, but this is in the right area, end-to-end AI robotic warehouse automation systems. I love the stock. So I said, take, if you haven't taken anything off, really take a little bit off. It's part of money management right now. And then let's decide what was happening. Now I don't, I don't, what I am going to say is if you can keep your core position, I think this stock is going to retest the 6414 all-time high, number one. Number two, it is absolutely in the right area of this particular economic phase, robotic warehouse automation systems. I mean, this is, I love, I love the idea of the stock. So I would, I would do nothing other than take a little bit off as you have now. The stock that you have at 59, oops, where was it? I'm sorry, at 55.99. Rather take something off, you're giving up to maybe 60, 56. Yeah, like today, if you'd got out at about 57 when I sent out the notes in my newsletter to say if you haven't taken anything off, take something off. You've already gone at more points than having that stock in place. Now what I would say to you is have patience. I like this. And if you haven't got, say, a full position, what I would do is I'd move a trading stop. You've taken something off, hopefully, then I'd have a trading stop on a fairly small position. Make it a three-point trading stop. That will be hit at some point. But you know what? The way it's acting now, just like Microsoft. Look, we are along Microsoft from 338. Microsoft, look at this. It's trading at 381. This could turn into an instant restart. I'm going to circle that right now. If it's a leader of a group, the leaders are finding money managers coming to the end of the year wanting to be a participant in the leaders. They need to show it in their books. So these things are there. The reason why I didn't want for subscribers to actually short the Dow in any way today is because there are a couple of stocks like a Microsoft that are doing so well. So within that context, all I'm going to say is once you've taken a little bit off now, the next could be a trading stop, and there you've resolved some of that. But I would try to keep as much as I can other than the money management part of it. This, because that was symbolic, and it's the same thing here with Microsoft. We're taking a little bit off. We had a fantastic trade the other day. Right here, I think it was, where I said buy on a pullback to the 369 level or something like that, which it did perfectly. And then instead of saying have it, which I usually do, but I thought, ah, it was up so high, it was up the 373 level, 376 I thought, what am I thinking here? But anyway, we got it. But then intraday, remember three o'clock, there was that news about the AI guy who was kicked out or whatever it was. And it dropped sharply. So it took us out of that position, which had a fabulous, really quick extra profit that we had put back from the tads we took off. And here we are. So you've got to keep your position, your core position of stocks that are looking fantastic. And so with that said, yeah. So the reason why I'm thinking the dastalism, even though it's in a leg D and the others are the ones like the spy, that means one little pop to the upside. I mean, it doesn't have to happen. But look at the estimators. The estimators made a peak C1 and I call this a peak C2 because it acted exactly like a D and therefore I'm ready to say, ah, now the semis can have a bit of a pullback. That was a 34. We'll be right back. Currencies, commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, forex, stocks and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the euro dollar, pound dollar, dollar Swiss, dollar yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30 year debonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60 minute webinar archive. He just hosted forex strategies and fundamentals. What is behind the Tiger Forex report? For all the details and to start your 30 day Tiger Forex report 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. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com Educating Investors. His trading career as a student almost 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing it number two for the year. An amazing accomplishment. 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A hits the 200-period moving average, can't hold it, pulls back in the weekly chart and does a one-to-one to the left side with the plum line right here at the peak. See, it's a week late, I mean a week early, and it plummets down below 15. And now it's holding and the question is, could I look at it? Look, when a stock gaps down huge from say 28 down to the 16s, gets cut, I mean eight points, 28, 16, or it gets cut by about 42%. And then gaps up, forgets about the 14.69. So I want you to do this. I don't know if I have time to do it right now. Is this a Chapman wave? Okay, price volume climax low. That's the volume. Yeah, okay. So I'm not going to do anything with that now. I'll do it tomorrow. I'm just going to say the fact that it gapped up, it hasn't filled the gap, and it's moving high. It says, you guys made a terrible mistake. I'm doing okay. I don't know what you're talking about, but that's a huge gap to fill. So it's doing very nicely now. I suspect that this is the point just I'm doing this by 2240. Is really the, from anywhere from 2240 down is kind of excess of what should have happened. Now I'm going to say 2240. 22, just over 22, 2201 is excess. And it's working its way back there. When it gets there, it's probably going to come back down again. But I do think that it's attempting to break to a leg C above 20.55, the high of the 15th of November. And that's where you've got to start being a little careful. It's getting to an area that says the sellers are still determined, but the buyers are saying it was overdone. They've had this say for 155, 789, 920. About 22 days. And the bears want to come back in. It's got a little bit of strength left. I think it will make that leg C. I'm not sure about a D. Okay. Next question came in is, where was, no, the question wasn't your question. It was mine. Oh, let me just finish up here because SHOT, we spoke about it yesterday. We had safety, SHOT Inc. It aids in alcohol breakdown and recovery. We had, yesterday, we had Garo talking about it. And he uses a couple of techniques. I spoke and he reminded me that I introduced him to the SAR. Okay. Let me just show you the SAR is the SARS. This is called like the full title is the parabolic SAR. Okay. So we were talking about this and I gave him, I can't, I don't know what he did with it. But it was at our 10 o'clock timeframe, it was right here. It was pulling back. I said, this is going to be the key support level. But if it starts to make higher highs and it can get back to $3. Oh, am I going to remember exactly where it was? That was three. I think I said, you can get to $3.38 and $3.40 and $3.42 and start to make higher highs. That would be really good. But it did just that. It had a fantastic session. And now let's look at the daily chart. Daily chart right here. Why did that move? Oh, there it is. So he has the daily chart. So we were talking about it right there. So it had a beautiful session. It went, it was $4.50 was the high yesterday. If I remember correctly, today's high is four. And then the end of the day was $4.85. Now it's pulled back. So Gary, you were absolutely correct. I hope you held that at least part of it. Because that's what we said, part of it you should hold. But great move, good eye. So that's that. Now let me just go back to what I was saying. Why am I saying, just be a little cautious here because even though we're only at a D and so many other things are happening. Look, the dollar 102. Let me just pull this back a little bit right here. Right. So the 102 right there. That is the August the 30th low of 102.94. I said that's something that that would be a target on the downside. Price time match says that it should come in. There's a daily chart tomorrow. It came in today. This is that left side, right side price time match from the plum line, which I said I'm not taking from the top. The technique that I use is if it's extending to the right, I use the cup. If there's a retest of the high, I make the bottom of the cup. And that's exactly what I was using. So here we are. So the dollar is, look, the stochastic is at 10%. The Magdy's very weak, but the histogram is improving a little bit. The 9p is very ugly under the 14. But this is an area. I said there's a chance that if we get there from here, we can have a bit of a balance like a dreaded H pattern. 103.67 is the 9p moving average. And 104.22 is the 14p moving average. And there could be a balance. And as it does that, there was a chance I said that gold, which is up now 14 points at 2047. I don't know if the C1, C2 is now a leg D or if this is ready to see. But I'm suspecting that gold is looking really good. But at the same time, I think that this is getting a little toppy if I do it and say on the 120-minute chart. So I wouldn't be surprised if we are, oops, did I need to do that? I wouldn't be surprised if we're getting very close to a dollar balance, a gold, a bit of a pullback. I'm still calling this to be in the weekly chart. I'm still calling this to be positive. And I'm looking at the TLT at a peak F. Maybe there's an instant restart. Yes, this is an F slash B. But just getting to all the sanguiness, all the sanguity that I'm hearing about, yields coming down and that maybe the Fed's going, I think in the interim we're going to have a rise. I think that what the Fed looks at, they look at numbers. And what we can see on the market, because we're looking at charts which give us a much, we get the real thing today. They have a look-back period. So we can project out. They're not allowed to project out. They have to see what the evidence is. My suspicion is they're a little bit behind and that they're still looking at the chance that they might want to raise rates still. And that just says to me that yields will come down, but I think we're going to be trapped in another trading band. And if that's the case, a little surprise anytime this week, that's what we've got to be ready for. But to get, look, the nine-period moving average is so strong, it means that yields of the TLT, I share 20 of treasury bond ETF, would have to really start trading under 88. And it's a 91 right now. That's three points. That's a long way to go. But any surprise to the downside from here says just be ready because this market is just a, it's very selective. Now, I mean, even look, let's just go to DKNG, something, a stock that we've been wanting to get for ages, missed a chance the other day and then spiraled up. Where did it go to? A D instead of P, D. A D in the monthly, a D in the weekly. A G stays seen in the weekly, so D in the daily with three doji candles and a big pullback today, 11.28 and 37.48. All I can say is I'm trying to put the package together to say why or when will we get a pullback? And right now I just see a kind of a, a breather. I think a breather. Well, leg D, where? The GDX. GDX broke up above away from the Georgia free moving average. Nice action, but it is a leg D. I'll be back in a moment. If I was a 40, this would be down 319. I'll be back. 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. 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The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Foresight Fund Services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. I feel like that's a nice big spike that you've got in the e-mini right now. Look at that. When writing the 200p moving average of both the five minutes and the timer I'm not sure what the news is. I'm looking at you. Let me just go to this to show you something very interesting. We're talking about PDs. So are we here in this PDD in the den? Someone said, oh, you were right. This is going to one person to the other. PDD could do 80 million shares traded today ripping up to high prices. I'll keep an eye out for a buy to trade on a retracement. Thanks. So this is Frank talking to G-Bolt. So look at this. PDD gaps up where? In a leg D. Look at the monthly chart. A, P, P, P, C, leg D. So it's important. Look at the stock we were looking at just a moment ago. In the e-mini, this is the shorter term time frame. Shot. What did it do yesterday? In the ten minute chart. A peak D. So those fourth highest peaks are really important. So let's just go to the Dow right now. Because as I said with Microsoft so strong I didn't think that the Dow was an appropriate thing to look at at this particular position at this particular stage. So the Dow's made a new recovery high of $35,449. So far that is really good action, right? And what we are looking at here I just wanted to go through this to show you how this generally falling axe formation works. So we have this pattern where it goes to a higher high usually D, E or F and then it pulls back sharp. It doesn't have to be there, but that happens so often. It pulls back and makes an arch formation. You make lower highs and much lower lows. Then all of a sudden it seems to want to form some kind of a a base and it does this. So here it is, here's the pattern. It goes up, straight line then it comes down, lower highs and much lower lows and then it holds. All of a sudden it makes either this V shape or a cup shape formation and it wants to take out that declining trend line. If it does, all the peaks on the left side become upside targets. Well, lo and behold, look what happened. It took that out. This is the generally falling axe formation went through the generally inside track repellent zone became a propellent zone. So from this level to the breakout line I do a one to one expansion. Usually there's a pullback and I take it and I go one step at a time. In this case it was so sharp I just put it in there and here's the one to one to the upside in angle. Isn't this incredible angle almost a vertical angle. It's like 90, about 92% maybe not. It's hard to tell. Oh, where's my protractor? I don't have it in front of me. So it's a really sharp. So it says at this level right here of 35656 we test the recent high of 35679. So as I'm looking at it right now this is a gray A and so it breaks above that because it's the starting point was a 31,000 3429 I have to consider that sorry, actually the starting point was 28,060 in October this we actually have been long and still long the diamonds from that level but the most recent one took us from this level of 31,000 it didn't break it. It went down to 32,327 so that just says that I have to now consider that if it goes above 35,679 I'm going to call this F slash A F says be careful every single pullback you want to just buy buy buy so those are the decisions we have to make and finding the stochastic in the weekly chart the week is not finished it's just begun is at 80% that's a good sign the magnies expanded with a very wide aperture between the nine period differential 26 period moving average. So that's the way I want to someone asked me about could you explain what this means it's the one to one falling AX formation expansion to the upside as a target all right but on the way I'm anticipating there will be some kind of a pullback maybe before we get there we were already at 35,465 200 less than 220 away from the previous side we could do that in an eye blink but I think that's something to keep in mind right so this goes here the plus I always put a plus sign above a D as a warning if we already got to that level so we'll see look the magnies go it's over the 14 price over the 14 in the Dow the stochastic is at 96% and flat let's see where the S&P is is at 94% and basically fat but just pulling back a little bit yeah it's a nice little candle right here watch this very closely okay so I did a bunch of those things question came in silver was acting well up 18 cents at 25,222 so remember what I said so this gets smoothed out so the prices are all moving around because I don't have it it isn't automated I have to do it by hand so there was your peak D now we're in a new leg I think it's still leg B I don't think it's an F slash B I think it's a B but in the meantime the weekly chart now let's go to our resistance levels right there it's used this inside track repellent zone as a springboard this week to go higher that month the monthly chart is finally improving because it really was looking like an arch formation so silver was a little stronger than gold was asked about high grade copper high grade copper is having a nice move it's stalling right at the 200 period exponential moving average made a peak D and it's pulling back from the D right there but still the technicals are improving sacastics at 78 I prefer 80% and the monthly chart is finally testing the resistance level and the 200 period moving average so if high grade copper let's look at SCCO I haven't updated that for a while of course I haven't got any notation what's there of course you know that I've done this ever since I ever heard about it so this is a peak the peak A B another ABC this is your starting point he has your up arrow in the monthly chart right here so this is anything above that gets counted as a peak so right here so this let me just show it to you I'll do it so this is a uppercase on the way up this is B even though it's by a fraction but underneath it with your starting point where's the next peak it's right here so that's an A that's a B and you've already got to a C so it doesn't matter the winter lower from this level the next highest peak is right here I think that's just a double top this is check it my eye says 78 76 78 oh 65 so there's a D and it's got an I already got to an F D oh wait no that's not above so this is the D right here D and it's gotten to an E this is a SCCO this is Southern Copper so it's pulled back sharply so you can see it's a real mixed picture in the copper area copper copper copper so let's go to TGB always get asked about this one it's always on my list as well it's not doing very much so we're just okay let's look at this is the eye says we're I just got the timber and forest F so it's all there right there and the weak is an E no yes an E so doing a little bit better than copper actually I'll be back the reality is that navigating financial markets can be risky markets can be chaotic and difficult to understand having the latest market advice can help you turn this chaos into a key for creating winning trades at TFNN we understand that it can be hard to find reliable market news that's why each of our market experts offers their very own market newsletter a must have tool for every trader out there striving to find an edge in today's markets newsletters cover every aspect of the markets so you can analyze the market before you trade try any of our great news letters risk free with our 30 day money back guarantee just visit the newsletters tab on the front page of TFNN.com TFNN educating 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TFNN.com then hit watch Tiger TV that's TFNN.com then hit watch Tiger TV it's real quick the XBV expand and designs develop manufacturers supporting these Chinese company I think that it's going to begin it's pulling back just a little bit but all the stuff is still good if it's able at any point in the next week and a half to get to 19 point 19.98 then that 200 moving average of 21.18 that 21s becomes a magnet but it needs to get there so that's what I'd be watching a question about the is there more downside to the dollar I I don't see why we shouldn't be more downside to the dollar but I also don't see any reason why in this area above 101 maybe that's a touch 100 100.43 is the 200 period exponential moving average I don't think that's in the cause just yet I do think it's going to go there but at the same time what we're looking at is at this moment exactly yields are going to be the issue the dollar finding support gold is a little bit more to go but it's very close to getting just a little bit overboard so it needs to have a bit of a breather maybe the 1984 200 period moving average becomes a magnet if it closes under 2000 even just once it's still very strong acting well up 18 right here so within that context I'll be watching that but I'm also and crude oil crude oil is right here trying to find some kind of support to try to get a 76 62 trying to get up above 78 that's the 200 period moving average if in the next week it can actually climb to 81 that would be important I'm just saying little choppiness here a little bit kind of overboard and very selective now of course if you do get fun buying coming in end of the month beginning of the month it's it's rotational and if it continues to be very patient the best of the best hold up well and the ones that are saying some weakness also I'll be back with Tom a little later and say to Steve and the other hosts it will be great day for listening to everyone I'll be back a little later with Tom check out my opening course 80 years later see you later