 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, Louis. Our guest on the break will be Mr. Shane Smollion, the WolfTrader.com. And then on Friday, we will have Stan Harley of the Harley Stock Market Letter. So those folks will be lined up and we'll be able to see those markets getting very strong in here. It looks like all the negotiations are going to be good. Cruel oil is down $7 from the high, only trading at $106.80. And the world is wonderful and fine. So we'll see how these markets end up at today. So we appreciated the speech from the president, like that things are going to be well, which we've always thought that's the way it would be. And then we'll move on to see what some of these charts are doing. I posted the charts of the DAX and also the German market. You can see they've been following along pretty much what we've been doing here. But that's the main thing if we're watching here today is seeing how these things come out. We bought gold yesterday. It looks like we're getting out of that at break-even. And so it's also had a pretty good run. We went up to that 78% level up there at the 18, starting again, 1953. We've now backed off to 1925. And it looks like we're heading down to the 1920, well, about the 1919 level. But that'll be probably in a few days. We've got the market picking up steam really strong today. And I think it's important that we remember a couple of charts here that we've been following. Many of these, you know, you're following the news, folks. When this news comes up, it really moves and you've got to be extremely careful. The one that we've been focusing on, and I'll bring it up to you, nothing's really changed too much. It could very quickly, of course, but if we can get above 4,400 today, this would break that downtrend line, folks. And that would be pretty substantial, in my opinion, because we're getting close to those 55 days down. That's due at the end of this week. And, of course, we have these big rallies with news, and then the news goes away. And one thing happens to the next thing, and then the other. And that's pretty much what you're dealing with when you're dealing with these really emotional markets. The fact that we had crude oil up $15, you can tell you the emotionalism of the market, folks. I haven't seen anything like that in crude. Let's just switch over here to talk about the oil market, because I think it's important to see where we've been and where we might be going. Here is the recent chart here. This is over the past 10 or 15 years. This is a weekly chart. I'm going to go to the monthly next. But you'll see here this big spike that we've had up here goes back to 2013 when we haven't been that high. That's $115 a barrel. But if we go back even farther, if you'll remember back in 2007, I want to bring this one up for you to folks to see it here. Okay, hold on just a minute here. There it is. Here's the weekly chart. And there's the weekly chart. And we'll see. I think someone is asking me a question in here. We have a caller from Washington. Marshall, how are you there? Yeah, I'm here. Morning, Larry. Hey, good to talk to you. How's Lynn doing? She's doing great. She's doing really better than she ought to. She's got you to take care of her. That's why she's doing good. What can I help you with, buddy? Well, we're getting some confliction in here. Jeff Hughes, she hosted, he said he thought the 23rd was probably the bottom of the market. And what was his name? He said the 4th, March the 4th. And now we've got, today we've got a new moon. And so I'm just wondering. Well, you know what? We're going to wander together because I see the same thing. I'm wondering, say, gee, how can this market, you know, be this way given the fact that we're coming in. But really it's just jumping around, you know, five, six, seven, 800 points now is really nothing in the S&P anymore. When you start moving 1500 points and stuff, then yeah, you're probably going to see something pretty dramatic. But right now we've just got to wait, you know, to see what happens here. And then, you know, we could be in a total influx of a different type of market. We might be switching over to maybe that weekly low that we made down there on the 24th is going to be good. So far it's held up relatively well. You have to admit that. Are you still in touch with Bill Meridian? What's he saying? Well, Bill thinks that we're in a pretty good trading range with a bearish bias here is what he's saying right now. And that was the main thing that he was looking for. He thought would be down into early April and then April would get a rally. So that's what he was looking at. Okay. What about Winsky, darn Winsky? We're going to have a Winsky. He's going to be on next week and we'll talk to him. Of course he's shorter term, but he's been pretty good on some of these things. So we've got that big lunar cycle coming in today. That might mean, may or may not mean something. I'm not sure yet. We have to wait and see. Okay. Well, I just wanted to say, John Jamison really wrote a good article for your newsletter this week. And I really appreciated it. Thank you. He always does a great job. Thank you, Marshall, for the compliment. I really appreciate it. We hope to see you this spring, buddy, when you get better, okay? Lord Willem, 1st of May. Amen to that, my friend. Amen to that. Thanks for calling in. I really appreciate it. Take care. You bet. Okay, folks. That was Marshall Robinson, a good friend and a student of many, many years ago. And he and his wife, Lynn, come down here three times a year just to hang out and enjoy the Tucson desert weather. And we get to go out with him a few times for dinner, which is always a lot of fun. So I wanted to show you the, that weekly chart of the, I had to slip my mind here. Hold on a second here. This is the weekly. Now you remember back in 2007, when we were setting at $144 a barrel, Goldman Sachs came out with a really extensive report saying that crude oil was going to $200 a barrel. And here's why. Well, the here's why was they were shorting it. And you can see it went from 150 all the way down to 30, then back up to 119. And of course we're trading in 105 now 112 last night. So we're seeing a lot of emotionalism coming in. Remember when this oil goes up like this, this actually helps countries that have high production of oil. We used to have that, but we haven't had it lately, but we still have people like, well, Russia is a big contributor, Venezuela still and of course Iran and Iraq and Saudi Arabia. But so that they benefit from these huge spikes are coming in. And I believe by just looking at the open interest figures, they are going in and they're hedging some of this oil at these higher prices. So that's the main thing of what we're watching here, looking at some of these things. So I think it's important that we remember these because that's where the real thing lies as far as where we need to be. Now, let's talk about another market here that has been going ballistic and we haven't seen anything like this in my lifetime. And I didn't think wheat would ever get above $9 again, but by golly, you can see here wheat is trading limited and hasn't traded for quite a while to at 1059. Those of you, I'm going to have to tell you here that Timmy from Wisconsin, one of our students, he's very good. I'll cover that when we get back. It's about how markets operate with spas. 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 and your inbox every day. First-time subscribers also get a 30-day money-back guarantee. 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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 TFNN's YouTube channel and become the investor you were born to be, TFNN Educating Investors. Okay, I was mentioning that the rules have changed on stop orders at the Chicago Mercantile and Border Trade. If you trade these markets, you should go to the website and check on how they handle stops because it's totally different than what you might think it is. If you used to have a stop, let's say you were in the S&P right now and you had a stop at $43.75, a buy stop, and all of a sudden the market closed and then it opened at $43.80 and then continued to go higher, you might not even be out of that stop because they have set their own primary, I'm sure it's based on Artificial Intelligence and Standard Deviations, where the market should trade within a range and you might not be able to be out of your position. Someone schooled me on this yesterday and I was totally shocked. Usually I don't screw around with these real wide markets so that's one of the reasons I don't notice it, but if you're in these, you better go to the Chicago Border Trade, the Chicago Mercantile Exchange, and CME is where you want to go and they have rules there of how these things work and they're very extensive, but you better be careful, especially in these markets, it's really, see what's going on here. Anyway, okay, this is the question about whether this war is going to end or not, folks. I'm probably the last one to know that, but the market's acting really strong today. It's oversold for one thing and the second thing is, things are never as bad as they look and they're never as good as they seem, so we're going to get through this no matter what happens. That's my opinion and everybody has their own opinion, of course, but that's what I'm watching, so those are some of the things. We're going to have some great volatility. Probably $11, given the fact that it's been up for so long, 11 or 12, whatever it's happened to be. When you go back in a month, you'll say, gee, why didn't I see that top up in there? Well, that may or may not happen, but all we do with pattern recognition is to try to find low-risk entry positions. That's the whole thing of what I'm looking at. Perfect example today was in the gold yesterday. I said, we've shorted the gold. I had my stop a little bit too close by about $2 and you'll notice here that I said, buy it on the pullback there at $19.25. Of course, the market rallied up to $19.39, $14. At that point, I said, put your stop. If you're break even in, it's probably not any good. Of course, that's exactly what happened. It's trading down to $19.17 right now and I'm flat gold after being out of it and I'm going to wait. Okay, we're back. The chicken is in the pot. Okay, we were talking about the gold, so we're flat the gold now and we're waiting to see what's going to happen here with this full moon and new moon that we've got going on right now, but right now we got up all the way up to the 78% level now and the S&P, I saw just a minute ago, my alert went off there at $4.75, so we'll see what's going to happen with that. We've got crude oil down about, crude oil being down $7 after being up $15 yesterday is no big deal. I mean, that's the whole key of what these things are doing. The big deal is we haven't traded wheat for about four hours and that is a big deal. Everybody eats some type of wheat, either noodles, rice, pasta, whatever it happens to be and so this is going to be a big deal for raising your inflation expectations with crude oil and food and stuff like this. Folks, get ready. This is going to be, this is going to go on, this is not going to end overnight. Maybe, hey shucks, what do I, I'm just giving my two cents worth. Let's switch over to something that we all should be watching here. This is the US dollar index, follow the money and if you know this is the dollar, the dollar has been very strong up into this 97, 98 level that completes the big ABCD pattern up in here and if we reverse this and look at it the other way of where the euro is, see the euro is breaking down now folks. Take a look at this euro. We've been burying the euro for a very long time. This is the weekly here and the daily it's just been going down, down, down, down, down and we're going to go somewhere between 109 which is our original and the secondary one is at 106. That means that dollar index is probably going to get pretty close to par is the way what it looks like so that's it. That's it. Yes, the wheat is locked up pretty tight. Mr. Z, I understand and the cash market is actually going crazy if you can find anybody that'll even sell it. From what I heard yesterday I talked to someone who's heavily involved in the wheat market and he said if you've got orders to fill and you don't have the wheat you're in big trouble because nobody is selling because the old ad is you got to buy them when they're crying and sell them when they're yelling with nobody selling so that's that's what is going on in that market. You don't have to try to stay away from the real crazy weird stuff folks. I dabbled in a little bit and when I dabble I know I'm not anywhere near any limit up move or anything like that. I'm not going to do that because you can get trapped like this in the wheat. Now when it's over it'll drop two, three dollars or more a bushel but until that happens you got to assume that it's still going to go higher. That's the bottom line of what you're looking at. I wanted to show you wheat I showed you wheat on the long term look at this one here what it looks like today. This is wheat as being limit up let's just show you again where we are here. There you go. See the other day we went from 960 down to 860 we were looking for support to come in at that 61% retracement and of course it reversed the next day and the target on this is 11 dollars and we're trading at 1059 right now so just for educational purposes this is not a say go sell wheat at 11 dollars but let's watch wheat at 11 dollars because there's a big ABCD there and that could be really exciting to to see that. We'll see if that's going to be happening now. Okay farmland yeah that's good thing to buy you can't go wrong they don't make it anymore that's the main thing and it is pretty expensive these days folks the farmland out there in the Midwest because I have a lot of customers and friends through that area that are in the farming business and believe me they're not hurting when it comes to the real estate section this part. Hey we're going to be back with the Wolf Trader Shane Smollett right next and tomorrow we will have Tim Bosson Friday we'll be staying hard we'll be right back folks 877-927-6648 Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with? 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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 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 Ok we're back folks and I believe we have the wolf trader himself on the line Shane are you there? Good morning Larry how are you? I am very good my friend hang on please I forgot to put my mic in and we're ready to go here why don't you tell the folks what you're looking at today we have a big lunar event coming up don't we isn't it today? Yes we do we have a new moon and I'm going to talk about that actually it's a very strong new moon with themes of war obviously that's going on so it's an intense moon for sure so we talked last time our theme was it's all about the future so I'm going to continue on that theme but I'm going to start out with a quote of the day first here which I think is fitting for what's going on and this was an Albert Einstein quote where he says I know not with what weapons World War 3 will be fought but World War 4 will be fought with sticks and stones and I thought that was kind of an interesting quote given the situation we're in right now obviously this is very serious and it may just be getting underway based upon what these charts are saying but our focus is really on the market so let's talk about that because it does affect obviously you're talking about wheat limit up and these other markets obviously it does affect markets but what I'm looking at right now is more so what's going on with the Fed but we're going to talk about this now today is an interesting new moon from the uranium perspective this is a new moon based upon war aspects if you look at the the meaning of this the new moon is here this is the fourth harmonic the new moon is going to be in Pisces but this harmonic what this does is this lines up the sun with Mars which is a planet of war but this is an exact alignment within one quarter of one degree and then we also have Zeus Volcanus midpoint on top of that so these are the three big war players here in terms of the astrology that we look at I mean Mars Saturn is the military energy too but this is really profound because this is literally translates into great wars so the fact that this is just starting today on the new moon suggests that something big is just beginning today and this happens at 1234 today so I just wanted to bring this up I mean maybe maybe it's not as big of a deal but I just wanted to show you that this is a very very exact planetary picture and it's very rare to see this type of an alignment lining up for a wartime situation so we're definitely on the lookout for what's going on with the war right now obviously they are intensifying the war efforts here I don't know if you know this Larry they're like paratrooping down into cities it's like that movie Red Dawn it's getting crazy I mean there's multiple cities now being invaded so they're definitely ramping this up before and Russia has a history of starting out slow in some of these campaigns and then picking it up later so we really have to be on the lookout for this so we're talking about the S&P 500 I'm going to give you some things that I'm focusing on so these are my areas of focus it might be a little bit different than what some people look at everybody looks at things a little bit differently but the thing that I want to focus on right now is that we are seeing lower highs and lower lows there's this famous death cross coming in the S&P it's about three weeks away but it just it's a little bit different on the Nasdaq but this is the big one here the Fed is ending QE and I'm look at the Fed use and the Fed internals and these are falling so this is what's driving the decline right now I mean the war is there and it's creating a lot of headlines but this is what's driving it I focus on the spread between the 10 year and the two year this is flattening you talked about this yesterday this is important because this can point to recession and this also will limit what the Fed can do we like the planetary stelems I think that this is a very good indicator it's picked the last two tops in the last couple months there's two more coming so I focus on that the double lunar cycle we focus on and then I want to focus more on the unintended consequences of what's going on with this war so for example the swift removal of swift could be a problem I'll get into that in a minute the cyber attacks that's something that's out there that people don't talk about too much but you know retaliation now is the digital age we have to look at that and then the Nord Stream pipeline of course is a big deal that that's running from Russia down into Germany and then of course the inflation so this this affects the Fed because the Russian inflation on oils and grains means that the Fed really has to try to control the inflation so this kind of is ruining the feds you know if they were hoping not to want to raise this is kind of ruining it because this is creating a big problem now with the Fed so I focus on too much right now number one I don't focus too much on earnings right now I don't think it really matters as much this decline has been happening in the face of good earnings sentiment I don't think it matters the Fed is deflating peace talks I don't think it matters because the war is not what's causing this decline the wild hooks off the lows you know this market has been seeing some really sharp hooks off these lows I don't really pay attention to that I'm looking at the bigger lower highs there's a lot of emotional behavior of people I just look at the big picture I don't look at the past behavior of the lows at the lows during quantitative easing because this is not a caterers paribus scenario what I mean by that is all things are not equal the Fed is removing stimulus so I don't look at what the market did a few months ago and say wow it's going to repeat it it can't it's a different situation right now I don't really pay attention to cycle lows because if the Fed is deflating it may just have to make a low it may just have a pause in the selling and then continue down I don't care about the rate hikes as much rules of thumb about war let me talk about this a lot of people like to talk about the fact that when the war starts it's a market low and traditionally that's been the case but we got to be careful about that because major major wars have happened at the end of protracted market declines I mean you talked about 9-11 was towards the end if you go back to all of these lows you know they're at really really extended market sell-offs we're just really beginning the sell-off in the S&P and then the concept of the if then scenarios I think you got to be careful about this if you say well if it breaks this level by this date you know then this happens the problem is that if you do get a big sell-off it might be too late so I don't like to get too much into that I try to focus on my bigger term fundamentals over here and that's just kind of my mindset I mean that you know everybody's different everybody just kind of how I'm thinking right now on this market we take a look here that the spread is down 0.39% between the 10-year and the 2-year and that's really pointing to things it's pointing to recession and it's pointing to the fact that the Fed may not be able to raise as much again I don't think it matters that much the big deal is that QE is ending but if you put these two side by side you know you can see the 2-year note has sold off much quicker than the 10-year note over here that's not a good sign I mean that you don't want to be seeing that and the Fed has got to deal with this they got to deal with the inflation going on Ukraine just if you just look at we were talking about wheat but if you just look at soy and the soy meal and the soy oil I mean this has just recently spiked just on the Ukraine invasion here and Ukraine is obviously the bread basket of Europe these are problems I mean and these are problems that it's going to make the Fed have to stay tight on some of these policies so that's not good for the market and it's not good for consumer prices and one thing I want to point out too is that we look at food and oil as annoyances that they're going higher and people were like well we'll pay higher price for gas for this situation I don't look at it that way this is national security you have to be able to feed your people you have to be able to get the tanks down the road the planes in the air and the hummers down the road and so this is national security so that's another way that I look at this this is not just about annoying prices going higher you got to look at this from a from a national perspective hey this is a really great dissertation my friend please stay with us folks the wolf trader ShaneSmolean.com we'll be right back 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 from the price you should be paying per square foot in certain up and coming 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folks we're talking machines Mollye the wolf trader dot com Shane we have a question from one of our listeners in Warsaw, Wisconsin the question is what happens if these war things that you're looking at aspects do they ever reverse in other words it looks really really negative but in fact the market sees it as positive well okay so let's talk about the new moon sets the tone for the month so we're really talking about this is a new moon so we're talking about two weeks here but just setting the tone for the month so it's not it's this is not a you know long term in terms of like a year or two years or something but I just I thought it was highlighting the theme here so okay good no that that's that's what so you're looking at a at a band here for a couple weeks then yeah yeah okay good yeah um so the peace talks I thought this was interesting just a little bit of astrology here so Mars and Venus were conjunct which which is good and it was trining the node they definitely did meet but that did you know that didn't really make sense to me because they were still fighting when they were talking about these these peace deals uh so yeah that didn't make sense to me the other day when they were doing that the swift bands I do want to talk about this I think this is going to have unintended consequences you're going to have people defaulting like retail people can't pay their mortgages commercials defaulting central banks are probably going to have to step in and make the met clean up the mess that they're causing with this so I don't know if that was such a good idea I mean I understand why that they're trying to do it but this could have unintended consequences of course we've got this pipeline uh running from from from from Russia down to Germany this could be a problem too that we got to we got to understand that these these things can have consequences down the road so uh let's talk about the s&p so s&p status so this is my stance on the s&p this is uh the best asset class to be shortened right now like if you're short s&p like that's a pretty good thing I mean nasdaq's a little bit weaker or cash uh we're coming off a planetary steelyum high these steelyums may just be serving to pause the market declines uh the fed internals are collapsing we're down to 25% this is really what's driving the decline uh s&p continues to make higher uh I said higher highs lower highs and lower lows I should say lower highs sorry lower highs and lower lows uh this is a classic fear trade away from s&p towards golden bonds uh but we have also the oil and the the grain thing going on with the Ukraine that's really an interesting fascinating scenario uh the double lunar cycle is still down and we actually we actually have a negative divergence in the fed internals which almost never happens I'll talk about what this is this is not good because what's happening is the fed is trying on an intraday basis to stimulate the markets rejecting it now I know today it's up it's up because the fed is talking about I don't know what he's saying he said something about he's talking about there could be more than one reserve currency now I don't even know where where he was going with that but that that's what he said and and they went kind of crazy with that but the big picture here guys is we're making we're making lower highs and lower lows I mean that in the end of the day there's these huge emotional reversals off the bottom but they're not really going anywhere we're continuing to see these and this is like investing 101 but I know a lot of people are beginning very emotional bears turning into bulls at these lows but the bottom line is it's it's still it's making sharp hooks and then stopping and it's stopping lower than it was before so you know let's look at that first I mean if that stops if that stops then you know then we'll have something also we're coming up to what the death cross and the death cross is the 50 day crossing the 200 day now this isn't going to happen for about three weeks on the S&P but it is in process and this is this just underscores the concept of the momentum is coming out of the market we're seeing these lower highs and these lower lows and that's that that's saying a lot for the S&P because the S&P has been so strong for so long if you look at the NASDAQ here the NASDAQ is it just happened yesterday so the NASDAQ is leading the way down this is a much cleaner chart in terms of the lower highs lower lows this is almost like a like a linear trend down into here but the main driver and I want to emphasize this to everybody I know the wars this is the driver guys this is what's happening the Fed taper is declining here we're going to be at zero at the end of this month this is the big deal this is what's taking the markets down so I know we want to talk about Ukraine and Russia and wheat and oil this is this is the big deal right now so we've got this short-term volatility from the war this is the long term and when you put these two side by side you can see that this is the S&P on the top here that we're coming down with the Fed taper just as I expected that we would now we're seeing this wild volatility back and forth and back and forth but the bottom line is we're consistently seeing this deflation so this has nothing to do with the war I just wanted to point that out to people that this this is based upon what's happening with QE ending so you know I've talked about this before and you know can't talk about it anymore but it's happening and it's consistent with like you said with our thesis of what's going on and I think that's what's important we're gonna have a data-driven thesis on these markets because it's very confusing this was the planetary steelium we talked about this before this was 1987 but you can see that the markets made a really strong peak here in 1987 with the steelium and then it's sold off so we're in the process right now of seeing a four peak steelium and so this is the daily chart today you can see this chart here you can see these planets are lining up and it's gonna there's another peak coming towards the end of this month I talk about it in the newsletter and then there's one more coming at the end of May after this stuff is done I think it's gonna be even harder times for the S&P I mean this is what's holding up the S&P these steelium are I think are pausing the selling in the S&P and so once these end you can see here this was the planetary steelium index here that as the steelium rises and falls the markets rise and falls so this is why I go back to the concept of I'm looking at the steelium for an astro indicator this is what's important this is what's driving the markets and of course there's two more of these coming up there's one coming up at the end of this month there's another one coming up in May and then they really kind of go away at the end of the year so I think what we're seeing right now is the reason why this has been such a molasses sell off and some people's terms on the S&P is simply because we've had a lot of planetary conjunctions up there from the planetary standpoint that are helping this market stay together in terms of just it's not going off the cliff yet but that doesn't mean we're not deflating we are deflating and I want people to understand that and I don't think you should be comparing what's going on right here with what happened back in October or what happened because if you look at back here in October we still had QE and the Fed was launching these huge inflows here we don't have that now so you got to be careful I mean this is not Cater's Paribus this is not all things being equal it's a different situation and so the double lunar cycle is in a sell off right now and it is expected to continue to stay in this so it went in the sell on February the 2nd and it's expected to continue lower so these are just some things that I'm looking at Larry and I think that they're important well they sort of sound important Shane I've known you for about 7 years and just by the inflection of your voice you really you really have a strong conviction about this I mean you've always been very you know right to the point but I don't know if it's just me or you really have an inflection in your voice about this you're really trying to make a point and we certainly appreciate it my goodness this is really exciting what you're looking at here so your basic theme here is the overall structure this has nothing to do with the war that's going on or the Fed that this is the fact that these things have turned down with lower highs and lower lows so we should pay attention to that absolutely I mean that's investing 101 but the problem is the market has a way of tricking us and making us think that lows are you know that these false terms off the lows are actually lows when they're not necessarily the case can you stay with us my friend because we'd like to hear some of the time when you come back and how the folks can reach you change million folks to wolftrader.com we'll be right back 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 there's 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 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 TFNN's youtube channel and become the investor you were born to be TFNN educating investors you might 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pays you on a monthly basis the target first mortgage program may be the program for you the best rate on a five year CD in the country right now according to bankrate.com is paying $1,000 per a $100,000 invested the target first mortgage program pays 7% per year paid monthly on secured high value buildable properties in St. Petersburg Florida the investment is for four years paying 7% per year $7,000 per a $100,000 invested your investment is secured by high value real estate in St. Petersburg Florida your investment can be anywhere from $100,000 to $500,000 you want to make $1,000 per year on $100,000 invested a $7,000 per year on a secured target first mortgage the target first mortgage program may be just the program for you the target first mortgage program pays 7% per year paid monthly for more information you can call 877-518-9190 that's 877-518-9190 okay we're back folks and Shane you've got a real strong array of products you want to tell the folks how they can reach you and some of the things that you're offering your free webinars that you do I think they'd be interested in that yeah you can reach us at WolfTraderFutures.com we have multiple newsletters whatever market you're interested in we have something there we have S&P metals energy currencies cryptocurrencies and we have other plans that are together but you know the main thing is if you want to get some more information come by on Saturdays we usually have a webinar every Saturday at WolfTraderFutures that's the website here and you can also just this is the YouTube channel WolfTraderFutures but you can also visit Twitter at WolfTraderFUTU1 stop by send me a question if you have one we have a chat feature there I did want to talk real quick about the S&P a couple more things here S&P on this hottest cycle this is one of our big cycles that we follow is in the process of a decline still on this so we got to be careful about this and this was a big chart too I wanted to talk about the Fed internals on an intraday basis the S&P is having a negative divergence right now with what's going on with the Fed intraday basis what this means is that the S&P is overpowering the Fed right now to the downside at least on an intraday basis and this is a rare scenario guys I'm telling you this doesn't happen very often this is a warning sign that things are getting very weak into here so be careful and so the one thing Larry I want to tell everybody is you can always be careful to have your money in cash I want to warn as many people as possible about what's going on here because the signs are pointing to something much bigger much bigger sell off coming so just be careful out there everybody you know it's like I said cash is a completely rational and safe alternative right now if the market gets really crazy wow thanks for joining us my friend we'll have you all again soon and we appreciate all the things you do for us thank you so much Larry have a great day everybody stay safe you bet, Shane Smollion folks willtrader.com we'll have Stan Harley as our guest tomorrow and on let's check that it'll be tomorrow we'll be Tim Boss Friday we'll be Stan Harley live every day in and out of true to gratitude and may God bless