 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. 927-6648 or internationally at 727-873-7618 Now, Larry Pesavento Okay, looking good, Billy Ray feeling good, Lewis. Well, I'm going to take a little break from the usual stuff and go through what happened yesterday because it was a very, very productive day for me. We basically covered the cost of the day. Well, the trades we got stopped out on were right near the low. So we had five trades. We had two winners, two losers, and one break-even. But we had some home runs that Babe Ruth struck out a few times. I'm going to put my stop a little too close, but we still did okay. I started the day showing them what happened the previous day on the 19th of September. And I said, these markets repeat over and over again. And I was going to try to show them what that repetition was all about. And that's how I started to do it. I can say this with a great deal of, I'm just really humbled by all of the email responses I got from the show. I have never gotten that many, in the 15 years I've been doing this, I've never had that happen before. And I'll tell you what made it so successful being in the room like that with live traders. We had so many people from the den in there that were actually seeing patterns. I mean, I focused on the bonds to begin with. I'm going that in a bit. But they were also showing some others. And it was just to see people doing what I've been talking about for such a long time just really, really made me good. It was a great day from a perspective of learning and seeing what was happening. Yes, we made some money, left a little bit on the table. But we were all right about just about all the things we had done. And the principles of what we were working on, worst control were certainly there. And it was really great. Now the chart that I'm showing now is what happened on September the 19th. And that's what we were going to start out with. So what I did was, and this part I know you're going to enjoy because no one had seen this before. And I was going to show them why, why I like ABCD so much. First of all, here was what we were looking at. If you'll see here once. Time out. There we go. Get this up here. This is the chart of the S&P as it was yesterday on the 19th going into the close. And of course, we went up the number that ABCD was 3928. And we got to 39, believe 39, shut the front door. What was it? 3935. And then it went all the way back down. And by the time we started the show, the market was breaking really quite a bit. So what I tried to do was I said, OK, we're going to watch just like it did before. We're going to watch for a 382 retracement. But before we get to that, I want to show you why I like this stuff so much, folks. This goes back to 1973, 74, when I first started studying the Gartley book. The first thing that responded to me in the Gartley book was something that John Hill had showed me many years before. And then when I got the book from Don Mack, remember, this book cost $1,500 in 1937, which was the cost of five Ford automobiles. But look at this, folks. You can see all the ABCD patterns that are here. I mean, it's just absolutely unbelievable. Remember, this was two years before Ralph Elliott. I wonder where Ralph Elliott got it. Anyway, it doesn't make any difference. But Gartley was the guy, he was equivalent to Sherman McMillan and some of the other guys. Oh, what was the Doutherey guy? I can't remember his name. Russell, Richard Russell. And he was that equivalent. And he had a huge service of all chart stocks and stuff like that. So this is what he believed in. He got some of this work from Roger Babson, who was during that time also, who was Babson was a really strong believer of Fibonacci and Thomas Edison and stuff. He had Edison's bed, actually, Babson did. And it was a oak bed. And on the headboard of the bed was a scrolled Fibonacci spiral, the chambered nautilus. Anyway, this is how I got started looking at that with John Hill and with the ABCDs and stuff. But after I had lost all my money, I had to get into this book real, and it's 560 pages, folks. But page 200 to 250 was what really caught my eye, because these were patterns. And I can understand that. I started everything with ABCD. But on page 222, I'm going to bring this up here so that you can see it here. You'll be able to grasp it. There it is right here. Now, this is exactly what it looks like in the book, folks. Okay. And so that's why this was a very small chart on the top of a page. And page is 221 and 222. He described this pattern on the right here. You can see here that little, tiny ABCD right here. And you can see the little retracement right here. What he said on those two pages was, look for the market to make a bottom and then buy the first retracement. That's what he was talking about here. Now, you notice on this one right here, he does not show an ABCD, does he? But he shows one here. And in those two pages, which I've read, I don't want to tell you how many times, I finally figured out this is what he was trying to talk about. That's where I came up with the Gardner pattern. Because you can see the ABCD stopping right at the 618 or the 786. Okay. So that's why I got so excited about looking at this stuff. Because then I, from then on, I started, I wrote my first paper on Gardner in 1975. And then in 1976, I started working for Drexel. I didn't have time to do any more writing for quite a while. But anyway, that's where it all came to start. And on those 50 pages, from 200 to 250, he talks about another thing. And that's where the fractal comes in, which is on page 249, which is the ABCD that we see all the time every day. So that's what we were working on, is coming in for the day. So as we get started during the day, of course, we started at 6 o'clock, 9 o'clock Eastern time. And of course, the market had already started to break. I'll show you right where we are. You'll be able to see where we were. Hold on one second here. We'll get this up here early this morning. Just a second here, boys and girls, and we'll be okay. Here's where we were coming in. Okay. There's where we were coming in. Okay. Bada bing, bada boom. And you can see the market had this huge breakdown. And here's when we started the thing. So our premise was we're going to sell the first 3-8-2 retracement that we get. And by golly, you won't believe this, but right in the den itself, we had three or four people, especially one fellow, Mr. Paul up there in the northern part of our country up there in Vancouver. He said, why don't you look at 3880? Well, I said, let's take a look at that. And by golly, it was a perfect ABCD right in there. I think I've saved it here. And that just literally fell out of bed. And we're from 3880 all the way down, 3880, all the way down to 35 something, 3540. Now, we didn't take all of them. We took a very nice piece of it. But that's what made my day. It's people seeing it themselves. Oh, it just lights you up. I'll tell you, it's just really, it's just like you're teaching a guy in a play golf and he goes out there and shoots a 69 and you shoot an 80. That's basically how I felt. We didn't make as much money as the other three. I spent more time teaching because there were a lot of questions. It was my, you know, there's a lot of different reasons. I'll go to the bonds here in just a second here and we'll be right back. 877-927-6648. In a time of booming inflation, we are purchasing powers eroded. 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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. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn, and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN Educating Investors Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. 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 market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared 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 At TFNNN.com. Okay folks, here's what we're looking at here. Yesterday you can see here, this is the number, there was the first 382 retracement. The second 382 retracement came in right here at 38,000, 885. And that's where we sold it, 30,000, 885 and then it just fell out of bed, went all the way down to 30,500. And this is live trading, so let's have a little fun today folks. It's not going to be a very volatile day because the Federal Reserve chairman is speaking and usually we have really quiet ranges on that day. Yeah right, and I still have two shares of the Brooklyn Bridge. Let's take a look at one of the toughest markets you can possibly trade. The most, well they're all tough, let's be realistic, but let's look at one that what we were looking at yesterday and why it was so, you know, very, very important. Let me get it up here to take a look at it. And here is the treasury bonds. I'm going to show you the trade that we did yesterday, why we did it, why I made a mistake and that was the real turning point. And it was early in the day, real turning point for the learning curve. People realize you see the ABCD structure on this measured to 129.23. But the 1.618 expansion, which you would expect because that's what you did right here, came in at 1.2908. The low was 1.2904. We got stopped out on the low, took a small loss and look what happened, it rallied well over $1,000. And now look what we have, we have the Fed coming in here today and we've got another three drive. We've got drive one, drive two, drive three. You can call it a four drive for, you know, recalculation of the three drive, this tells us that we should be coming down to this level right here in the treasury bonds. My mistake yesterday, and I said it when I put the trade on at 1.2933, you know, I said, well, I'm trying to make money for everybody so I, you know, a little early and stuff. But what was really interesting to me from a learning point is when we were down here making new lows, there were two people in the den, one person in the den and one person skied me, big option trade, good size option traders. One of them is my occasional guest here at TFNN. I won't mention his name, but his first name starts with an R and his second initial starts with an A. But what happened was, he gives me a call and he said, hey, look, he said, I'm long here. I said, I like it. And he said, I'm long calls. And he said, they're going up with the market going down. I said, you know, that can't be right. He said, I know it can't be right, but that's what's happening. And boy, once we hit that number, boom, away it went. So anyway, it was really fun to listen to that and see what's going on. This is an active trade going on, folks, that we're waiting for to be buyers down here at 1.2810 when the Fed comes out. Now, maybe this is the bottom. Maybe this is. I don't know. But you know what? Nobody else does either. But I'm willing to take a shot there risking 20 pips. Because look at this sell point you had here, right at a 61% retracement. That's a 135 pattern that we had today. All right, let's do one other just for kicks and giggles and have a little fun here. See if I don't make myself too much of a fool today. But I do it so often that I really enjoy it. And not only that, and not only that, sometimes this stuff actually works. And now, I guess, boys and girls, we are going to dance with the devil. With the devil himself. You remember what's his name? Oh, shucks. Seth Wilson. Remember Geraldine? Well, this is Geraldine talking to your boys and girls. Let me get this up here so you can take a quick look at it. This is the Blackgoal, Texas tea. This is going to be crude oil. This is a short-term trade, folks. But it's lined up just exactly like everything else. Of course, we've got the Fed coming in here. Look at this. We have the 135 pattern right here. Just acted perfectly. Beautiful. We have the 382 rally. And look with the 382 rally with an ABCD coming in up here about another 50 pips. Now, that's going to be during Fed time, so it's not for the faint of heart. And if you have digitalis or some other medication that you've taken, synthroid, whatever it happens to be, make sure you have it handy, because maybe this thing's not going to work. But that's got everything going for you. On the downside, look at ABCD to the downside. I mean, it can't make this stuff up. That's why I stick with ABCD, folks. Someone asked me today, they were listening to Brunberg and everybody was bullish. The fact that the Fed's only going to do 75 points and things are over and stuff like that. That's the same stuff they gave us two weeks ago when the Dow drops 1,300 points. I don't know if it's going to do that today, but, you know, that's just cannon fodder. You know, I have to look at the charts. That's all I got. And that's all I need. Remember the movie City Slicker is one of my very favorite? It was in Tucson here when it first came out with Jack Palance and Billy Crystal. I saw it three times. I liked it so much because I knew Jack Palance because he was a, not a friend, but I knew who he was and I'd said hello to him because he was a customer at Drexel Burnham. He was an ex-Marine. He used to come. He was in his 60s then, late 50s. Anyway, yeah, late 50s. And he would still do one-hand push-ups. He'd do seven, eight one-hand push-ups. It was just incredible. And a super nice guy and tremendously humble. But anyways, watching the movie, and remember the key to it was one thing, one thing. And after the end of the movie, they finally said, well, what is it, Curly, that makes it work? And he said, one thing. He said, learn to do one thing right and all the other stuff will fall into place. You know, and that's right. And I think if you learn to do that one thing right, you're okay. The other thing you've got to remember, folks, is trading is a journey. It's not a destination. That's the key to what we're paying attention to here. So we're going to have wild action into the Fed today. No question about it. But 94-16 happens, excuse me, 84-16 happens to be that number. You got to risk about $1,000 on it because, first of all, it's down on the day, which is a good thing. So you're way below the opening. You've got a positive thing on that. But watch that crude oil. That's the type of trade that I'd be looking at. And watch the bonds, folks, because we've been down in bonds now. When we come back from the rake, we have to talk about bonds because the whole world is very small now. And boy, I'll tell you, you can't get anybody to buy a bond. I mean, even someone with a lot of money won't buy the bond. So we have to pay very, very close attention to that for sure. And then I wanted to share one other trade today because it was doing exactly what we were seeing here in the crude oil. This one we were able to get off because it had a pretty nice pattern. This happens to be natural gas. And you'll notice it's the same pattern as in the... They're all the same pattern. You don't know... If you take off what the XNYX is, I can't tell you what this stuff is. Anyway, there's your 382 retracement. From there, we dropped $4,000. I'm embarrassing to say I made a nice piece of it, but not as much as I could have. And you know what? That's true of darn near every trade that I do because unless you get the absolute low tick or the high tick of the day, you're always going to leave something on the table. And remember the four fears, leaving money on the table. You got rid of that one. Fear of losing money, fear of losing... Leaving money on the table. Fear of... What was your fear of? This fear of... I can't remember all four of them because I've read them so many times. I can't remember them all. But anyway, that's the one you got to remember. Unless you get that high tick or the low tick, you're always leaving somebody on the table. So forget that fear. And you know, don't worry about the fear of losing. If you have a fear of losing, get another job for God's sake. The only way you make money in this business by losing... I mean, look at the baseball players. This guy that's hitting home runs, Aaron Judge, he just hit 60 home runs. Do they count how many times he's struck out? Hello, operator. Why don't we do that? 877-927-6648. Now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metal sector as well as the markets that move gold, which is the currency and bond markets. New subscribers get a 30-day money-back guarantee so you have nothing to lose. Every Monday morning, I publish the Gold Report with coverage of gold, silver, bonds, DXAU, HUI, GDX, as well as more than 30 different mining equities. To seep yourself, the types of profitable trades that are recommended within the Gold Report, sign up now by visiting tfnn.com. Don't miss out on the next great gold trade. Sign up today. Tfnn is excited about our new software charting program, The Art of Timing the Trade Charts. In collaboration with Tom O'Brien and using his best-selling book, The Art of Timing the Trade, Your Ultimate Trading Mastery System, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, The Art of Timing the Trade Charts allows you to scan thousands of stocks for Fibonacci formation setups, including Gartly's, ABC's, Butterflies, and much more. The Art of Timing the Trade Charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. 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Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN, Educating Investors. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Okay, folks, I have posted a chart that we've been using here for a very, very long time. This is the long-term chart of the Treasury bonds. If you remember, we were looking at this A-B-C-D right here. You notice this 3-8-2 retracement that we had right here? I mean, this is a long-term weekly, folks, so it goes back four and a half years. And then that measured to right up here. You couldn't get anybody to sell a bond up here because everybody was talking about negative interest rates, right? Now, look, let's turn it upside down. There's your 3-8-2. There's your 1-3-5 pattern. We've been bearish, folks, for nine, well, over a year, but really bearish right here. We got extremely bearish here and even extremely bearish here. That was a 3-8-2 of that. Now, we might make a big A-B-C-D to the downside, which is possible, but this measures why I said, just looking at that bond chart, this is the number we're looking at, 1-28, you know, breaking 1-29 today. And there would be a 3-drive to a bottom pattern on the long-term weekly, too. I mean, this market's oversold. It's just unbelievable. You know, so it's going to be really interesting what happens. I am not issuing a buy signal in Treasury Bonds. I'm just sure I'm going to be buying them, but I'm not going to have normal people buying them because if I lose, I'll feel bad. If I lose, I don't feel bad at all. But anyway, that's what we're watching down here because this thing, if it gets much below here and doesn't bounce, wow, something's wrong. Well, there is something wrong. We already know that. But what's going to happen to that, I am not absolutely sure, but no one else is either. So just keep that in mind as we go through some of these charts that we're looking at. Now, what I've done is I've posted something into the Tiger Den about the Dodd-Frank bill that was done by Obama that basically gives them the right to take money out of your account to run the government. And if you don't believe it, read that bill. Don't keep a lot of money in your savings account folks. It's much safer in your commodity account or your stock account because they can't go there. They can go into your savings account, but the stock and commodity accounts are protected. Well, they're supposed to be held, who knows, in these days. But anyway, that's what we have going on here today. But look at this, folks. We're finally down here, all right? And you can't find a bull in sight. I mean, you really can't. And so, and even if we get a short covering rally here, which is all I'm expecting, that short covering rally could take you up into this area here, which is a $20,000 move in the Treasury bonds. I'm not saying it could happen. I'm just saying this is the ABCD. I've been showing this for a long time, so now we're here. And hey, this is nothing. There's no fundamentals, nothing. This was the biggest scam ever perpetrated on the financial world right there, negative interest rates. I couldn't believe that. And people were doing it. In Switzerland, minus 1%. I mean, hello, operator. Now, mortgage rates are 6%. Can't even afford to buy a house anymore. Anyway, that's what we're paying attention to here today. And by golly, boys and girls, we just, the old Herb Kermit, the frog has just told us that we are within just a few pips of the old 382 in the crude oil at 84.16. So I would be, the high has been 84.05. Let's see, I got more order in there at 84.15. Let's see if we get filled here. And then I'm only going to risk about one handle, you know, $1 barrel or $1,000 is all I want to be watching at here as we move on to looking at some of these things here today. Okay, we've got, how long? We've got about 45 minutes before the Fed works and everybody's standing there waiting around. And we'll see how things are moving. Check out the old Bondolis. They're 129.25. So we're only, we're less than 16 points away. That number we're looking at in the Bonds folks is 128.20. That's where I think we're going to go based on the ABCDs of that hourly chart. And we'll see if that's going to work and we'll see how it's going to happen. It's going to be crazy. And so you don't want to be lazy. You want to be able to get in there and try to do the best you can with what God has given you. And believe me, he's given us a lot. That's for sure. That's why, like Tony Robbins is saying so much, live every day in an attitude of gratitude and may God bless him. But I tell you, there's very few people that have as much gratitude that I've had in my life. And yesterday, I tell you folks, I do this for a lot of reasons, fun being one of them. But yesterday, even though we made less money than we did on the other three that we've done, this was the fourth one, we still covered the cost of the 295 a little bit either way. Some people did really well because they were in the bonds on options and they made a lot of money. And some people held on to the 382 in the Dow Jones and made well over 1500. But not everybody did that. And so I have to report it as it is. But to see people doing it and telling me ahead of time, this is what we should be doing, that was really worth the price of admission because it was very, very... I just really can't thank the folks enough for doing it. I'm in my eighth decade now and I still feel like I'm 16 years old. I still love this stuff. But when I see people that I've worked with that are doing it and some people get really excited about it, it's just really a great feeling. That's the bottom line of what I'm trying to say here. So I don't know, but that's what I'm looking at here. And I just can't tell you enough that it was really a lot of fun yesterday. I'm looking forward to the next one we do, which will be tomorrow. No, let's try it again. It'll be probably in February or March, I would guess. I'll probably continue. I had really had a lot of fun yesterday because when I saw people doing what I've been saying to do, it was really great. And then today it's doing the same thing. I had three or four people who said, we're doing the same thing again today. What did the S&P do? Perfect ABCD up there at 3910, I think, or 3908 or whatever the high of the day was, was the same ABCD pattern. And all we're doing now is backing and filling, waiting for the Fed. The one number you got to pay attention to here because there might be a surprise here that people aren't ready for. And that is we could make 3959 in the S&P today. That's a 382 on that whole move down from the big down day that we had quite a while ago because we haven't even come close to that 382 and that's still out there. So there could be one heck of a short covering rally in some of these things. And so you've got to be extremely careful. You've got to be extremely careful even when the Fed isn't working. So remind ourselves of that. By the way, no guests today, but our guest tomorrow was always welcome is Jeff Huge of Alpha Insights on Norm Winsky on Friday Astro Cycles of Naples, Florida and on Thursday of next week, we got Alfie LaVoy. And the next thing we have, I think on Monday, I can't remember. I think we have the shame man either Monday or Tuesday. I think Shane's due on Monday. And so, and I forget who the other ones are. We'll have to do that. But anyway, there'll be some good guests coming along here. We've got a break coming up that we've got to pay a few bills for. And from that level, we'll take a look and see what's happening with everything else. So stay tuned, folks. Long way to go for the end of the day. And we'll have a lot of fun, you know, doing it. And that's what we're going. We've got a whole minute left. So I'm sorry. I have to get one of the natural gas. Oh, shut the front door. This is what I wanted to show you today. Talking about that old 382 is what you do. Here is the 382. And we talked about this yesterday and the thing to watch for this today. We had the big move down. No 382. Nowhere. In here do we have a 382. We had one today right after the opening up there at 810. The high was 812. And from there, down we went to the tune of $4,000. This thing racks up points, folks. Look at 382. It's really a beauty. 877-927-66. 4648. 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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, Foreside Fund Services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. I wanted to go through another sequence of a trade yesterday. This was long before we started the show, but we had a 382 retracement here in the wheat and it had about a 5-cent profit in it. This was, we started the show at 9 o'clock and of course wheat was backing off at that time and I said that, you know, you were too late to do this because we had a small profit of 250 bucks and I said it stops the break even. I said because if it goes through here because of this large ABCD, this could mean that we're going to go a whole lot higher. And sure enough, you're not going to believe what happened. We'll follow through with this because we learned something for everything we do. As we take a look at this trade, you're going to be able to see where we were. Hold on one second and I'll get it up here. This is on a different time frame, but it's the same pattern. All these patterns are the same. What time frame you're looking at. So here's where we were. There's where we were right in here. I was doing that 382 right here. This is a hourly chart. Excuse me, a 4-hour chart. The other one was a 15-minute chart. So I was looking only at this part right here. And as you can see, we have a really nice ABCD there. It came right down to the 61 and right down to the 382. So there was nothing bearish about this. So I was against those. And I certainly get out the right way. Unfortunately, I didn't go long. So there's another sequel to this story. So let's look at what happened today. And if we're looking at the same thing over and over again, as we see these things repeat over and over again, let's see what happened today. If you learn something from every trade, you're going to be a lot better than most people, including myself most of the time, but I look at a lot of charts. So here's what happened to we today. We go all the way up here to 914 and we drop 35 cents down. What is that, folks? That's the ABCD to the downside. 35 cents happens to be the harmonic number in weight 35 or 36 cents. The same as it is in gold. And gold is $36. So right there, ba-da-bing, ba-da-boom, ba-da-bing, ba-da-boom. And away she goes, 3, 2, and look how much it's jumped. We've rallied well over 35 cents. Got all that 35 cents back and it looks like we're heading up to, you know, $10 again, if in fact that's the way it looks. So that's what we're paying attention to here today and we'll see what happens with some of these things as we go through looking at these and that's what we're paying attention to today. Of course, the Fed coming in, anything happens and it usually does. So let's move on. I have to share. We have a standing gift every week to the person that has the most beautiful chart and that gift goes today to Mr. ZM down in the south there. Let's get it up here and we'll show the Zaki Man's chart here and boy, it is a beauty. He should have this framed and I'll bet you he put it up at the galleries up there. You'd probably get about starting bids would be about a quarter of a million. But look at this beautiful ABCD patterns everywhere through here and it works on any timeframe. This happens to be a shorter timeframe but it was really a beautiful chart. The only thing I would suggest is folks, don't use a black background. When we first started getting these computers, I was working at commodity corporation in Princeton and when they gave us these computers, this was early 85, they had a psychologist there and no black background. Black background is terrible for reading anything or doing anything, especially charting. So if you've got a black background, change it. It's not good and well, it's supposedly not good. I have to believe they paid that guy a lot of money so whether it means a lot or not, I'm not even sure but we'll certainly look to see what's going on with it and let's move on to that. We've got some more stuff coming in here and we're hanging in there pretty good here where stocks are coming in. Let's see, did we get filled? Oh, we just missed the fill in the... Oh, we missed it by four pips in the crude oil so far but with the fed coming in here, it's going to be crazy no matter what happens and that's the real nuts and bolts about this stuff that's going on. Hold on here, folks. The old cowboys got to do one little housekeeping thing and I'll be right back with you. What we're doing now is we've already backed off 40 pips from that number on the crude oil and so with the fed coming in here, I do not want to have a position in crude oil when the fed is here so since I didn't get filled, if I did, I would put my stop at break even on the crude oil at 94.15 but we only got to 94.11 so I didn't get filled and we're 40 points on 400 books, 400 points below that and I'm only risking a little more than that so I wanted to cancel that and move on to the next one that we're going to be paying attention to so those are just a few of the things that we're looking at here so let's get up here and just take care of a little bit of business and then we'll be okay here. Okay, let me see. Hold on a second, I'm putting in I've got to change the quantity here. Okay. Shut the front door and raise the rent. What are we going to do here? I got a decision to make on this darn crude oil dropping like a rock so I can't really do it. I've got to cancel the order and make sure I have my stop canceled on the other side of it and we're going to see what we get here as we come into these things here today and see what's happening and we'll go from that level on so let's move on to what we need to be doing here. Give me one second, folks. I'm going to raise an order and I don't want to screw up because if then I'll be angry with myself and I do not like to be angry with myself so that's always a bad thing, of course. All right, let's move on here and we'll go here and take all the guests out of it and we're fine, so there's where we stand. All right, now we're okay and then we've got the Fed coming in here. I'll be gone by the time the Fed gets here. Holy cow, that's right. Anyway, let's move on. I'm going to raise this business missing the darn crude oil by a little bit. It might be the high that moved but that's a perfect 3-8-2 if we got there. I'd have my stop at break even during the Fed time but with the Fed time here now I want to wait and see. I still have the order setting in and bonds. It's a point away at 1-28-22. I'm trying to buy it there and I'm risking the 1-27-22. That's what I'm paying attention to. So let's remind ourselves of that. It's very, very exciting. Well, that doesn't make any difference what I'm expecting because nobody pays any attention to me. Remember folks, we have tomorrow Jeff huge Alpha Insights. I spoke to Jeff. He's still extremely bearish. Peter Lighties has a special YouTube out and he is very bearish also and so those are things that we have to keep in mind as we're looking at some of these things to do but I did cancel the crude oil trade because I didn't get filled. I do have an open trade in the Dow. The bonds, let's try the bonds, December bonds 1-28-28 and then I have risking a full point of $1,000 and then I'm also selling the S&P folks. 60 handles higher. 39-57. That's what I'm shooting for. That is a 3-8-2 slide that we made before we had Flying Willinda to the downside of 1,400 points. So that's it. That's what we're looking at. Anything can happen and it usually does so let's remind ourselves of that that trading is a journey it's not a destination. We'll be right back. Vista Gold owns and operates the largest undeveloped gold project in Australia Vista Gold just completed their feasibility study resulting in a 7 million ounce gold reserve. Vista Gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing an accretive transaction. Vista Gold trades on the NYSE American and TSX under the ticker symbol VGC. Vista Gold executing a strategy to create shareholder value. 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I missed that high by just a little bit and if I drew it incorrectly the number was 8411 and that's what it hit and I thought it was 8416 because I didn't have it picked right I didn't do it automatically. I did it by hand. I want to measure that whole thing but because I was off by 10 pips here that affected that off. It hit the exact 382 at 8411 so I don't know what's going to happen from then on but that's where I would be in it and what I would do is I would have my stop and break even now because if something really bad happens this thing can make an ABCD to the downside and if it doesn't then it will go up and I would be out break even. I have two orders in there folks 3957 in the December stop and pee and I also have it in on the hello operator the bonds at December bonds 128 22 with the stop at 127 72. I'm risking 40 handles on 20 excuse me 20 handles on the S&P trade so that's basically but we had a nice move down on the downside in the S&P now we're waiting to see what happens next but again I want to thank everybody that joined me yesterday really good crowd and the emails that I got wow should put them in a diary because it really it really perked me up and it's not easy to do five straight hours like that and you know it was fun it really was of the four that I've done I have to say the five hours went so fast yesterday and the response was so good it really made me happy because teaching is what I like to do here and I can change people's lives if they give me a few minutes but a lot of people just don't want to do the work so live every day in an attitude of gratitude and may God bless stay tuned on tomorrow we'll have Jeff huge on Friday we got the Mr. Norm of astro trends and we got the autumn equinox folks summer is over see you on the flip side