 The following is a presentation of TFNN, the Tiger Technician Hour with your host, Basil Chapman. Call now, toll-free at 1-877-927-6648. I've run Basil Chapman on this Tuesday the 29th of August and we're looking at the Dow up 119, 120. We're looking at something very interesting here. I spent a lot of time trying to decipher this to say what's the support line, this Chapman wave inside wedge target support line which has hit so many times more than just a springboard. I've called it a springboard now for a balance. That's what we've been expecting. And then I think it starts to fizzle. But the fizzle doesn't mean to say it has to because it's in a cell mode in the daily. Nothing in the weekly yet. A cell mode in the daily because the pink 9p removing average is still strongly under the 14. The MACD is still very weak. It is improving but still very weak. On-balance volume is okay. Stochastic has rallied over 20% to 21%. But the weight of evidence is suggesting that rallies will start to falter and that we should come back and do at least some testing of this gap area in the Dow which is in the 34,200. We're 300, 400 points above that. That's very nice. Now, within that context, let's just look at the S&P. It's the same thing. The S&P hasn't gone above yet. It could still do that very easily in the next couple of minutes even. Above the 45, 58, 830 high of the 24th. That would start an egg B. A gray egg B I should change that. That should be gray. Gray meaning that I haven't got a bi-signal yet to bi-mode. Maybe this gives me a bi-signal by the end of the day. I don't think so. The weekly chart is still holding very nicely. Look at the QQQ. It's the same thing. In fact, it's still way underneath that candle of the 24th which had a high of 372.74. Here we are at 370.33. Not far away, but far enough to say it hasn't got there. If you're looking at the technicals, the other technicals are improving a little bit. Let me just show you on my chart which I'm going to go to now for a different reason. While I've got this, you see this chart, you don't have to know what it is. It turned positive with the green 9-period moving average over the 14 back on the 31st of July. The low itself was on the 13th of July. Look how long it took before the pink to turn green. It did. It stayed green. Look at that price. The price is making higher highs and higher lows. Within that context, this is the dollar index chart. If you're looking at the dollar index chart, in the den it says the dollar is down 500 ticks since 10am. It's still saying this is a chart to monitor because for the green 9-period moving average, I believe this is going to be very much like the Dow. We waited and waited and waited after we got that August 1st high to the exact top where we saw the reversal. We're looking at this, maybe making some kind of a top here because it's getting close to the previous high on the left side. If I just do this as a... I shouldn't mess the chart. If I did this just as a measured move from the left side high to the low that was made right there. And now let me just double check because I'm doing it by eye. Right then move it over one and then go to the right and say, okay, where are you? And it says that at this particular point, the dollar index has done a one to one on the left side. That's the number of bars on the right to the number of bars on the left. Let's have a look at that high was 104.31. Today's high is 104.36. This is an unbelievable technique. I developed it years ago, but I don't always use it. I don't always remember to use it, but I've used it so much more lately. Look at this. Who would have said that the dollar index on the 29th of May at 104.31 would dive down, look at this, to 99.74. That's big for the dollar. And then take exactly the same number of bars in a cup formation or in this case it looks more like a V-shaped formation to go back to the exact day of this technique. I don't even know what to say. It's so fascinating to the very day it goes back to within pennies of that previous high. So this says right here is where the dollar could start to see some weakness. It doesn't have to. I'm just saying it could start to. But for that green period moving average to go pink, I think 102.70 somewhere in the hundred and twos is what's needed for the dollar. So if that's the case, I was right in the middle of something else, right? But that doesn't matter. What I'm looking at here is let's just go to the EURUSD and look at that pink. That pink says, wow, for the euro at 1.0835 to actually see the pink change to green. That's the nine over the 14. I would say it has to be up at the 1.96 area. That's kind of the way I'm looking at it for the USDJPY for the YEN to turn around. And this didn't do the one to one to the left side. It broke out to the upside and the nine is still really strong over the 14. The price is not that much higher than it. It's actually lower than it had been in distance. The distance between the price and the nine period moving average and the nine between the 14 that it was back on the 16th. But it's still acting very well. Let me see if the dollar is updated now. DXY. Now we're up 23 ticks. I think does anybody have the actual current price of the dollar? If I'm looking here in the den, somebody? Well, it must have given it up a little bit more than I've got anyway. But I'm just saying it's already achieved everything that it had to do. Left side, right side, price, time match. That's perfect bar symmetry. Now let's see what happens. I was in the middle of the QQQ, the QQQ still pink. It's getting real close to turning positive. I'm not dismissing this. I'm just saying, wow, we flattened out with a little W formation in the pink nine period moving average about to try at least to go above the 14 period moving average. So with that said, I just wanted to show you two moving averages that can give you an incredible amount of information. And in that context, let me just see here, 103.92. All right, so dollar 103.92 DXY, 103.92, that's over there. And that'll see the little green line move a fraction down, but nothing much yet. So let me just do the same thing with gold because gold is moving up nicely here. Gold is up 11 in 1958. And you can see that pink nine period moving average is very close to turning positive. It's done it before for a nice rallying gold. Then it turned pink again. So we'll see how that plays out. So far, the mirror image between the dollar pulling back and gold rally, that's working well. Okay, now let's go back to our story here. Great coming up. Just quickly do this. I want you to show you the TLT. Are we going to see the same thing with TLT? Well, it's up 10 cents at 95.93. This is great. And the pink is not yet positive, but this is a good rebound. Certainly a good rebound. I'll be back in a moment. 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.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? In 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. 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. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything, from the most aesthetically pleasing artwork to patterns in the stock market. 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Available to all tigers and tigers for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. 927-6648 internationally at 727-873-7618. Hi, folks. So we're going to look at this real quickly. The one minute has just extended higher. The nine feet moving average has been positive since at 4.40, I think it was. 4.40 at 9.20 this morning. It's still positive. And the five minute has gone to a leg D. This is the question that I always have. Is this leg B in the 10 minute confirmed by the stochastic flat at 90%? This is the E-mini futures, September futures. And at 44.71 up 29. Is this going to be leg B, pulls back, go to a C and a D? Can this be a two-click session? Well, I didn't do that because I was on the shelves busy. But could this be a two-click session from the 4.40 area and just hold it? That's a possibility. But I'm really looking at this and saying from my perspective at this particular point, I do believe this is a very nice counter-trend balance. So this is put it that way. I do believe we're going to come back and do some testing of the Dow 34,234,000 area at some point fairly soon. And that will be the real test. Is this the low that we saw a day a couple of days ago? Or is it A low? I just think it's A low. It's really a very oversold. I said it to subscribers. We've got a very oversold condition. There should be some kind of a balance. OK. So now let's go back to a couple of things that I want you to do real quickly. And then I was asked if I could look at Apple. Yeah, look at this. Apple having a nice move to that $1.83 and 182.03. So in your leg B, I have to do quite a bit of work now to say, is this really the start of a really a start of a big move to the upside? Apple going back to the high in the 190s. It's at 182. I think that this is the balance. If I look at the weekly chart, that weekly chart is very close to turning negative, but it hasn't. So I don't want to anticipate it. I want to say there's a possibility. It's broken from the up channel to the downside. It's almost done a one-to-one to the downside. And we'll go from there at this particular point. You've got Amazon, same thing. Amazon's not doing all that well. The daily is in a cell mode. The weekly is still fabulous. The monthly is still pretty good. Looking at, what was the other one? I want to look at Microsoft. Microsoft trading now up 271 and 326. In the lower range, did this price, this bar symmetry move peak D in the day in the weekly chart? Ah, let me tell you, it just looks that a lot of these stocks need time. Now what was really fascinating to me is look at Cisco. Cisco is making a new recovery high. It's acting out very well. 56, 56, up 36. Leg E in the daily chart. Let me just type that in there. Leg C is only a leg C in the weekly chart. I, this is, you know, this is what I'm saying that there's a whole, there's a monopoly of variance that you're looking at. One is there are some strong stocks that have held really well. There are some stocks that are actually at almost all or at all time highs. This is not at all time high, which is up in the 64 area. Here it is at 56. It's got a way to go, but there are also stocks that are just not participating at all that are really struggling. Um, you know, we look at work with just the other day, it was nothing bad that you could hear about work. And yet look how it's kind of struggling here after this peak D. Uh, it had a high of 120 C all-time high near 120 just recently. It's not bad. It's trading at 109, but it's, it's not doing. It's not leading. Whereas in the same area, Eli Lilly is at as we speak, it's within pennies of an all-time high. So that's what I want to say. There's a rotation going on and checking the right instrument, the right symbol in the right sector is really the issue. Look at the SMH is up two and a quarter today. Nice candle, but wow, it is these guys are really struggling. Look at NVIDIA. So within that context, I just want to show you that, um, we are looking at a situation where there's a digestive phase and some. There's just a handful of stocks are going to all time. Let me just look at, um, CSTA. Wait, CSTA. Yeah. No, not CSTA. Uh, CTAS. There we are. Just happen. Look at that. Nice rebound off the highs syntax. And that's just telling me that the economy isn't really as bad. The, this is the overalls uniform rentals. Isn't that bad? But it is doing a digestive phase. So you have to look at WM. Who would have thought that waste management could just hit 175.58 in August of 22, 22, 22, get to 100, almost within pennies, get to that same level in, in early July and now it's down at 157. There was a stock that I'd mentioned for a year, not years, almost, almost decades. Uh, yeah, probably is decades because we had someone with the same last name in, in the, um, investors business daily and the Boston investors group used to come regularly when we used to have these things. And when I, when I used to talk there, um, and there it is. Look, this is a symbol is POD D insulate core medical devices. This was like Joseph A banks. It just kept going higher and higher. No matter what happened, it just kept higher and higher like ultra beauty. But then a very quick peak a, then a BCD and then it pulls back and makes an E at 324.84 back in November, 2021 goes slightly higher four months ago. And then it just, look at that. Something is going on with this company. Look at that. There's not a, there's one tiny little green candle, um, out of in months. I'm not just talking about weeks or there's like a couple of months. So there are stocks that are just, and this is in the medical device area. So M M D T metronic had a pullback. It's in the lower range. Boston scientific had a fabulous move up in the low range. Then it had earnings. I think the other day, look at this. It was looking lousy from the all time high that it made just two months ago slumps down from the 54 area to the, what was that 50? Yeah. And under 50 announced back at 54 18 a nice candle today. Follow through after the gap up candle yesterday. So as I say, even a sector, particular sector, you got to be really careful and very selective. Now a couple of things I want to look at. Yeah. I had a question about IYT. IYT is in a cell mode in the day. The weekly chart, the nine is still over the 14. There are a lot of indications that are suggested. I shares Dow Jones transportation average index fund. It's going to give a cell signal in the weekly chart. It hasn't done it yet, but it is not participating. If you look at jets, J E T S symbol, that's the U S global jets. E K F made a very nice high round of the 20, just 22 and a half fish area plummets down to the 18s has a nice candle today under the 14 under the pink is under the 14 and both of them are underneath the 200 period moving average. That's in a cell signal. Upgrade to a cell mode in the weekly chart. That doesn't mean to say couldn't have a big rally from you. I'm just saying at this moment, that's the designation. And you can see the monthly chart got repelled in the trap wave inside check repellent zone. I had a question. I just need to search it out quickly. Hi, Basil. Please take a look at the lack. Yep. L A C. I would like to look at lack because this is the good team American corporation. Let me just give this a little refresh. There it is. Trading Act 1788 of 32 cents. This is interesting. This is the same pattern we've seen all over the show. I'll be back in a moment. That's up on infinity. S B Z. 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Okay, so this is a plus sign. I don't start off with an up arrow unless there's certain conditions that I met and they very seldom met. That's a peak A, gray peak A. This is still a gray peak B, but why? Because the technicals are still really weak on LAC. And LAC is Lithium America's Corporation. The 41.56 was a high in 2021 and has pulled the average under the 14. This has gone peak A, peak B, peak C, peak D. This is a brand new, I have always discontinued first, EF. So EF maybe slash B. So the question is, has it started to move up that is going to hold and be, and strengthen? All I can say is based on the weekly chart failure every time it does this sort of thing, I'm just suggesting that at 1789, up point 33, if you are wanting to go long, I'm not sure if you are long, is that the question? LAC. And then another one I just need to write down here. We've got a lot to do. Okay, let's get going here. So, yeah. Okay, so the question is, okay, getting it scrolling, scrolling. Oh, there have been a lot of things going on since then. Please take a look at LAC. I see a bottom here. Oh, okay. Just I see a bottom here. Looking quite attractive. Yeah, so I'm going to recommend this. I would treat it only as a trade. Now, the person who asked me usually likes it, kind of a longer term outlook. There is a match between the time sequence of this arch and weekly and that arch, the stochastic is flat at 12%, the unbalanced weekly and the unbalanced volume. Look at the flat stochastic, flat unbalanced blue, unbalanced volume in the daily. I'm just going to suggest it's a balance. But it could change if at 1792, you tip toe in, I tip toe in right here at 1792. I know that you're prepared to put in a stop. So I'd say the stop should be, give it just a little room, just for a day or two at $17 and 20 cents room. It's a three-something percent. And then what you want to see is that on any pullback, it really doesn't pull back very much at all. But what happens instead is it takes the sideways, even if it's an inside bar with a lower high and a higher low, you want as quick as possible, you want to get to leg C. Look what it did before. It went to peak A in July. It went to peak A, very nice move up. Magdi was turning up. Stochastic gave a nice, unlike this, was coming down sharply and then reversed up sharply. So it turned around and went to peak B, would I have gone to say that this is an upgraded by-mode? No, because it never went to 80%. It stalled under 80%. I would have said, I've got to keep a plus sign here until I can give an up arrow. So I'd be real careful. So it went to peak C and then it peak C minus and gave it back. So what I'm looking at here at 40%, way, way less in peak B than it was before, 40% says, maybe this is the start of a bigger move, but the daily has to help the weekly by trading in the next three weeks, at least for one whole week above 19.10 to be above the Black 40 moving average. I think that's very difficult to do. So I'm just saying, as a trade, as 17.91, just tip-toe and get a feel for everything because if you're looking at longer term, it's not a big deal to miss this move because if it's going to be a more concerted effort, at some points it's going to close above the candle of the 10th of August, which is at 19.27. And if it does it, the sooner it does it, the better it is. And then you can start looking at the weekly chart because that'll impact positively the weekly chart. So tip-toe, fairly tight stop. Next question that came in was, could I look at ASA? ASA is the Golden Precious Metals Company. South African stocks, I believe, five or six South African stocks are registered. I believe it was in Bermuda. So it's really like a fund. It's gone to a leg B. I've drawn this in as a resistance level. It's testing it. Chapelwave, inside track, repellent zone. It's just popped out of it a little bit at 14.90. This is almost the same story because, look, in the weekly chart you've got your dreaded H. You went below, closed below, then within two bars it had to close above this left side low of the week of the 30th of June, 14.15 was the low. And lo and behold, last week it did. This week it's actually quite nicely above it as well. That says this could turn into a cup formation. Oh, did I just hear a big... Let me just see what that says. Oh, we've got Bill in Boca Raton. Bill, how are you? I'm fine. How are you, Basil? I'm just going to finish my statement here and say, ASA, I would do exactly the same thing as LAC. So the questioner wants to know about ASA. Start your positions. No, AMD. I know, with this I'm just finishing up the previous call so that I can get to you. So start your position in this particular one. I actually have a wider stop of about 90 cents. All right. You want to look at AMD. Bill said, here we go. AMD, advanced micro devices, should be having a bit of a rally today because it's just been decimated to the downside. Yep, it has. It went right to the 200-period moving average. What are you doing? Well, I'm thinking about getting back into it. I trade it off and on. And I think it's... I think that back in August 14th or 15th somewhere in there, it had some real down days, but it was very light volume. So I'm thinking that this thing could push back through that very easily up to maybe 110, 112. So you're actually looking for more of a trade because you've been doing this before and you've had success with it. Yes. So you see, what I like to do is this. Now I like to rest on your statement. I like to rest on the evidence that you've given me. I can look at the chart and I can have all sorts of opinions, but you've already experienced this in a real-time way and you've done it successfully. The fact that you're looking at it now for a balance says that you've done some analysis that says that you think this could be a little bit more than a balance. It could be a more concerted effort. So now it's up to me to say, I either agree or disagree based on my evidence. What I'm looking at here, oh, we've just got a bell going, a little break coming up. Well, I'm going to do just a little bit of work. Can you hold on? I can do. I'd be happy to. Fabulous, because I need to show you a couple of things here that suggest a balanced yes that the weekly chart is suggesting it's making lower lows and lower highs. So we'll talk about that. Be back. $1,506. With rising inflation, rocketing interest rates of all to dollar and uncertain market, there's an asset that all traders flock back to gold. However, these are regular times also mean a regular gold market, which presents its own unique challenges. This brings up the question, what moves the gold market? This is a question I'll be answering in my next live webinar. On August 30th from 4pm to 5pm, I'll be hosting a live free webinar for all those who subscribe to my newsletter, The Gold Report. The Gold Report has been in publication for over two decades and I've seen just about every market gold has been traded in. This experience lends me great insight when trading gold and other mining equities and now that insight can be ours. On August 30th, I will deep dive into gold, bonds, and the dollar, where they are now, how they affect each other, and what to look for when looking to set up a trade. Additionally, I will provide a comprehensive breakdown of the XAU, HUI, and GDX, as well as cover individual gold equities and answer questions live on the air. Subscribe to The Gold Report today so you don't miss this rare moment gold. TFNN, educating investors. Are you ready to take your trading to the next level? 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I think the 105, 50 to 106, 50 area, the 9 and 14 people moving averages, I think that's going to be very strong resistance. I have a measured move that says to me, I could be wrong, but based on the techniques that I like to use, if it takes out the 99.30, 200-period exponential moving average support, 93.68, well, actually that's a little far, but that would be the next major support level and that could be hit by the, I'm going to keep this in here by the 7th of September. So, could it have a really big balance before that? That would be a big balance because of that very serious, you mentioned the candle of four days ago. That was a pretty sharp pullback. So, I don't want to interfere with your thinking. I'm just saying that it's making lower lows and lower highs in the daily. The weekly chart, the technicals are extremely weak, but it hasn't crossed the pink, and I've been moving average will show up if it fails by Friday and starts to trade closer to 103, then I think it'll turn pink. It hasn't done it yet, but I think there's a limited upside right now. So, you're right in talking about a limited balance, but I'm also going to say to you, I will put it tight. That's all I'm going to say to you is that I'd put it tight, stop. I don't want to interfere with your thinking because you've done it successfully before. I have not done that with advanced micro devices, let alone do it successfully. So, I'm really a bystander. I'm just saying from my eye, from all the techniques that I'm using and utilizing here, I think it's going to fail quite soon and you've got to be careful about that. And if I'm wrong, it's going to do it by maybe Thursday or Friday, and if it starts to trade under 10410 or maybe 103.80, I think it starts as failure. So, if you want to keep, if you ask for my advice, my advice is that if you do it, I'd have a tight stop. It has to work. Have you done it already, or are you thinking of getting in? No, I missed it this morning because I had some stuff to do. I was ready, you know, I wrote it down, do the first thing this morning, buy it, and I would have been in really great shape. You know, that's, I know exactly what you're talking about. So, you've missed almost four points, three to four points of risk reward. It's already up there. And that, if you had spoken to me earlier this morning, I would have said to you, if you're going to do it, you've got to do it right away. And that's exactly what you wanted to do. Now you can see the risk reward is just a little bit more. And I'm just going to say to you, risk reward wise, I think you could put it in even here, but you've got to have a very tight stop and have a trading stop. And if you're away from your computer, I would want to be there so that I could raise the stop in real time rather than just kind of have a machine or just arbitrarily have a trading stop because you might be able to take some, you could do it twice and get about two points out of it if you're successful. But the best, yeah, the best entry I think was missed, you're absolutely right. So that makes it tough. Now, if you're using, if you're using auction. The reason I like this long to stay with at a long term is while NVIDIA is obviously everybody's great semiconductor stock, they're only growing at a 20% average earnings and AMD is growing at 40%. So I'm thinking that sooner or later, you know, the fundamentals are going to catch up with the trading. So actually what you're really doing is you're doing two things. You're talking more intermediate term and you're talking short term. So just a side, which of the two because I don't disagree with you. In fact, I think NVIDIA will keep coming back with the high that it has seen lately might be real tough to get back to. But at the same time, it is, it's kind of the go-to stock for many people in the semiconductor. For instance, Marvell is the one that gets talked about with fantastic all listen and look what happened. It just plunged. So that's, that's what happens with advanced micro devices every once in a while. Everything looks fantastic. And then it just absolutely tanks or everybody's saying there's another one in town and advanced micro just as it did back in 2021 to 23 and even to 24, sorry, no, sorry, 24, 22 to 23, the beginning of 20, no, that was 21. I'm reading, I had the 120 underneath it by accident, I'm reading that. But there's spectacular move in advanced micro devices. Even if you just take the June, 2019 low to the high that was made 164, it has spectacular moves. So that's the only thing I'm saying that sometimes the whole story is really great and it doesn't participate and sometimes the story looks very good, not great but it looks okay. And yet they just do fantastically. So you know the stock better than I do. Although I've followed it since the 1980s, I think with Sanders or Sanders, whatever his name was when he was the chairman. So I think you have missed the best entry point today but doesn't mean to say couldn't go further but don't mix the shorter term with the longer term because what would have happened if you got into this morning, say at 102.50, just off the low, which was 101.79, that could have turned out for you an intermediate term one because look the nine period moving average in the week, he hasn't turned negative yet. So you could still get it holding as the price goes up. So that part of it, I'm just saying don't mix it to get your short-term trade if you're thinking of that. And if it holds and it holds for weeks you've got yourself an intermediate term trade but that basic entry that you've missed with three points of leeway, now it's a little tougher. That's all. But if you ask me about the chart that 200-period moving average of 99.34, I think that's like a magnet now. I think it's gonna come back and test it at some point. That's my thinking. Hope that helps you. Okay. Thank you. Good. Thank you very much. So am I missing one? I did that. Oh, ISRG was a question. Could I please look at ISRGI? That's in surgical, ISRG, intuitive surgical. Huh, they all have the same pattern off the 200-period move. Oh, I can't believe this is not notated. You know, I follow this forever. This is A, B, C, D, E, and F, and it comes down. I'm not sure what the question was with intuitive surgical. I'll try to find it here. I think just to look at it. Uh, yeah. So this is a stock that somehow or other, no matter how much it gets beaten down, it just keeps coming back. And my theory about this is I had a friend who has started a company using tool just a few years ago, started a company using just your basic tools that their analysis and the proven analysis was it actually did a better job than something that's automated electronically like intuitive surgical? But I said to him at the time, I said, I said, Phil, do you think that the hospitals that are spending a million bucks to get these things are just gonna throw it away? And that the surgeons who are using this electronic stuff are going to go for hand tools again? Well, that was the end of that business. And I said, oh, not because of me. I was just mentioning it in process. But no, it didn't work out. So I like this stuff, but I think this is a bounce. And I think it will be re-tested a few or five. If it reaches 297, check that out. I'll be back. 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. 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. 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First-time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Hi, folks, the BTC has just had, that's Bitcoin Fruits, it's had a huge spike this morning. It was down to 26, 25,000, remember I said, I'm not touching this for a while. We had a fantastic run when we had the GBTC fund just to haven't touched anything. It's becoming more interesting, but not yet. So the question came up with a couple of people simultaneously asked about ETH Ethereum trust. This looks to be like a news-related spike. So this is, I would rest for a day, I'm absolutely wrong if instead of just being a spike because the technicals have turned up but they're still not great, if it can hold and touch 1250, it's 1176 right now, if it can close above 1250 in the next day or two, then I have to consider that it's got a higher base of support and I can talk about, I'll talk about it more tomorrow. In the meantime, I'm considering this is a balance in the market right here, it's a balance and we'll see what happens. And we, a question came in, where did we go back into, we still short this semis but we haven't got back into the SOXS which we've had a fabulous success three times short. Give it a little bit. I just need to see how we close today. I don't mind overpaying for it if I feel strong that the SMHs are coming down when we just spoke to Bill and Boca about advanced micro devices and that was like almost a news related spike. So with what I said, I said to subscribers from opening call, buy after 130 if the Dow is actually up plus 60s or more, that says it could have an up close at the end but if it starts to give that back and if for whatever reason, if it even slips to just a plus 20 or minus 20 then I think the next two days are gonna be kind of tough and let's just do the dollar once again, so I did pull back 22 cents. I've got it now. Maybe I'm still late. Yeah, right here is the resistance area and we want to go very closely as I say, Howard Palmer does his webinar. She's a great timing for this. Up 16 dollars in 1961. Yep, you might be seeing some kind of a turnaround but look at the USDJPY, the yen. Let's put it back a little bit in a leg F but all the characters are so strong. You're gonna be watching the very close. Have a great Christmas. Stay safe.