 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. All now toll free at 1-877-927-6648 or internationally at 727-873-7618. Now Larry Pezzavento. Okay, looking good. Billy Ray feeling good, Lewis. We're going to talk about poker for just a minute because it has to do with money management and risk control and probabilities. The game that we play is called Texas Hold'em. It's a variation of seven cards. There's ten players. Each player gets two cards, and then they flip three cards out, which are family cards, and then they do another one and another one for a total of seven cards. We're playing in a tournament. There were three-hitter, three people, and they play down to the last 40 places. I got down to 39th place, so I got my money back plus $200. It was $200 buy-in. But the hand that you're going to hear about, it just literally stunned me. The two people at the table that are in the hand do not like each other. They play there in Scottsdale all the time, and the one player has the blind. In other words, he's automatically in for 2,000. The other guy calls for 2,000, and the flop comes, and the player that has the most chips, well, no, he has four chips, actually $4,000 less. He has about $80,000. He bets $10,000 before the pot starts, and so the guy in the little blind, he calls $10,000, and the first three cards that come out are Ace, Queen, Queen, and the guy that has the least amount of chips has a pair of aces. So he has aces full of queens, a full house with queens. That hand is only beaten by aces full of kings or four of a kind. The guy in the other seat has a pair of deuces. Now, the flop is, remember now, it's Ace, Queen, Queen, and one guy's got a full house. The next card is the deuce, and the deuce makes the guy with the largest amount of chips a full house of queens full of deuces. He's a huge underdog, and so he bets all in and the guy that doesn't like him starts laughing at him and saying, you idiot, how could you even call that? Don't you have any idea what I have? And the guy says, well, I put you on a pair, you know, queens with a king kicker. And he said, no, he said, I've got pocket rockets. And he said, well, looks like I'm going to be losing unless a deuce comes up, and sure enough, the fourth deuce comes up and he wins with four deuces, beats full of aces full of queens, and folks, the person that lost, he lost it. And he literally went nuts. They had to carry him out of the casino. He was yelling and screaming and cussing. You could hear him outside after, you know, he'd even shut the door there. I mean, it was just really, and, you know, we were sort of giggling about it because he was the one that didn't make a big enough bet. Otherwise, the guy with the three deuces never would have been in there. But anyway, that's what it was. To me, it was the most exciting thing I've seen in poker in many, many years, but had a lot of fun. That's it. Let's get to the markets. I got the chart up here of December wheat, and my limit-minder went off about an hour or so ago. And I noticed that we hit that magical level of 527. We've been waiting for that for a long time. Now, you remember what we were doing is we were buying the March wheat. You remember, we bought the March wheat right here, and we had a nice profit in it that turned out to be a break-even trade today. And of course, we broke down even more. But when I was looking at this, I said, look at this. I said, I've had this on here for well over a month. Yeah, well, since November the 6th, that's where we're looking for it to get here. But we had a double 1.618 expansions. We have the 1.618 of this one, and we have the 1.618 of this one. And if we do just a little tiny bit of cycle work, we're just going to do it like this. This is the thing from Anson. What that does, it sets up the cycle. Then all I'm going to do is I'm going to put the moon phases. Uh-oh, time out. We've got a caller coming in, I'm going to open the door and raise the rent. Hold on one second, and we'll see what it's all about. I still haven't seen the chart. How can that be? I've got my... Man, I tell you. Folks, the old cowboy is so close to calling it quits on as far as... I just can't take this technical stuff. I really can't. It just drives me nuts. Try it one more time here. Hold on. Ah, boy, oh boy. I give it. Hold on now. There's the screen. I'm going to hit the screen. I mean, right here, we're going to hit go live. Hopefully with a little bit of luck. Ping me, Al, if we got the screen going, okay? Okay. Now, here are the lunar cycles down here at the bottom. It's today. Actually, the 27th is the full moon today. And it is absolutely spectacular. I mean, it is here in the desert. It's really amazing. Now, what we want to do is we want to see if there's any relationship between timing on this moon. I've got a book up here by Andrew Lowe. The technical analysis of stock markets, technical analysis of financial markets. In the first 50 pages, he said the first technicians were the astrologers from Sumeria and Babylonian stuff. They had clay tablets with wheat. But look, this is the full moon here. There's your new moon right here. One day off of the high. Then you go to your next full moon. One day off of the high. You go to the next new moon. That was one day off of the low. There's your full moon here, right on. There's your new moon there, right on. So there's something there. Now, when you've got two numbers sitting here at 1.618 and 1.618, you've got to be tempted to say, well, I don't have to risk very much right here. So I said, in the video that I sent out I said, okay, because it could be off by day, we're going to wait for a day. But by golly, we think there's a possibility here that wheat may have been turning to go up. Now, this is the December wheat. The March wheat went down quite a bit below what we were looking at. But I want to bring this to your attention too, because this is relatively important. About two weeks ago, I said, is there anybody out there that can do Ensign that can work with the software program itself? And I did hear from somebody, somebody quite interesting and quite famous. And I've asked him to run these things. And basically I wanted to be long wheat when you're above the red line. And when you're below the red line, you go short wheat. And there's, you see, you go short here. You go long there. So you would have made a little bit of money here. You go short here and you stay short all the way till there. You get whipsaw just a little bit. Then you got a tiny bit of whipsaw here. This would have made a little money. This would have got you down. Actually, today is what you'd still be short. But folks, I'm on to something really, really exciting here. Related to these cycles and stuff, it's really going to be really good. We've only tested two or three markets. One market totally unrelated to growing stuff that has a real high probability of cycle stuff is the British pound. And it's really amazing to see it. I haven't got all the data. I need a hundred samples to do anything. And so we're working on that to try to find where we are. But this is a stop and think, folks. This is a really nice trend following system you have to admit. You can go back and look even during, even look at these markets. You get whipsawed here a little bit. You get whipsawed here that gets you short all the way through here. You get whipsawed a little bit here. It gets you long all the way up here. It gets you short right there. It gets you long right here. It gets you short right there. You know, the odds of this thing working are better than six out of 10, far better. And the risk on the risk winning trades versus the losing trades is really quite, you know, really quite amazing. So that's what we're, that's what I'm doing now over the holidays is I'm going to be preparing that and we're going to see what things are going to be going. We'll be right back, folks. Stay with us. Steve Rhodes started his trading career as a student almost 20 years ago. And the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019. Finishing it number two for the year. An amazing accomplishment. 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 ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter Market Insights. Your key to successful active trading. Tom O'Brien renowned for his expertise in the financial markets has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. Are you ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30 day money back guarantee for all new subscribers so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter Market Insights firsthand. TFNN Educating Investors Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger 4X Report. Teddy Kegstad breaks down the 4X markets every Monday using his 30-plus years of experience as a trading veteran of futures, 4X stocks, and options. Teddy releases his weekly Tiger 4X Report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Pound Dollar, and the Dollar Swiss, Dollar Yen, as well as many more, and he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence 4X markets tremendously. When you sign up for the Tiger 4X Report, you also gain instant access to Teddy's 60-minute Webinar Archive. He just hosted 4X Strategies and Fundamentals What is Behind the Tiger 4X Report. For all the details and to start your 30-day Tiger 4X Report subscription today, visit the front page of TFNN.com TFNN Educating Investors toll free at 1-877-927-6648 internationally at 727-873-7618 Okay, we're back folks. I hope you can see the Treasury Bond chart here. This is an hourly chart. We just made the 78% level here at 1-1601. You know, we came down last night. We made an exact 50% retracement in the middle of the night, of course. There it was right there, and of course we've had a nice rally. Now, the $64 question that someone asked me, is this a head and shoulders pattern? And folks, the only way you can make this a head and shoulders pattern is to take this high because it is higher than that high. Okay, and you've got this high over here and you've got this high over here. If you take this high over here and you measure from your right leg, from your one side to the other. In other words, this is your high. Okay, there's your shoulder. There's your left shoulder. See, that says it should be coming in right about here. Remember, this is a 60-minute chart, so it could be off by a little, well, could be off by a day or two, I suppose. But the interesting part is you see the price here? They're exactly the same. So that is the definition of the head and shoulders pattern. If your head is 1601, your risk here is 1605, you'll be risking 66 to see if you're right or not. So that is a, that's basically a head and shoulders pattern. You can see there's your left shoulder, there's your right shoulder, and there's your head. Be nice if it were perfectly symmetrical, but because your time is there, that tells you what your risk factor is and there's your 78% level right there. So I thought I'd bring that to your attention because it looks, you know, really, really interesting. Remember, Jeff Hughes is our guest today. Tomorrow is Stan Harley and then on Wednesday, don't miss it, the whole period Wednesday will be Joe DiNapoli and Fibb Levels Guy known him for, since Hector was a pup and that dog is 54 years old, believe it or not. Okay, let's move over here to the gold market because we've had some pretty good action going here today in the gold. We had a run up last night on Sunday night. You can see we took off from these levels here from, well, here's the last time we were on the air. Let's just clean this up a little bit and go to a 13 minute chart so we can see a little bit better what's going on. But there was our run up last night and all we've been able to do since that time, there was our low from Thursday and as though those of you that like to follow ABCD patterns, let's just draw this in so you can see it. There's your low on Thursday, the 23rd high, low. Look at this. Can't make this up. Perfect ABCD pattern right here and now we're bouncing back a little bit which is what you'd like to see. We also had a really nice move here on Friday when most people were not even around trading, including yours truly. You'll see from your low up to your high here, that came in exactly at the 50% level also. So it's been hitting 50% levels pretty nicely here during this recent time period. Let's just double check this one from your low up to your high. There it is exactly 50% almost to the tick. Let's just see how oh wow, it's only off by one dollar, less than a dollar. 04 is a number, came in 2530. This is where we are now. So we'll see this is a very important number because we went back there on the daily and so we've matched that. The big runner of this whole thing has been Silver folks. Silver has been, I don't know who they got trapped in that Silver but it certainly hasn't been me. Let's get this up here and we'll let's just do the hourly chart. You'll be able to see the effect of it because it was spectacular here on Friday and then again Sunday night. Look what happened. Here's Friday night. Look at Sunday night. Look what it did. Holy cow. This is a heck of a run. It's all the way up here. No basic pullback here except we had a 382 pullback here on the 20th and there's a 61% retracement pullback right there. So those are a couple of the things that we're watching here this morning. As far as looking at the daily chart on the Silver, it's broken out. As you can see, we blasted through the 61% retracement. I haven't done the A, B, C, D structure on this. We're going to do this together right now. There's your A, B. There's your C, D pattern. Whoa we're getting pretty close aren't we? 24, 594 and the high has been 2494. It's hit the exact number. Wow. I just saw that. That is the exact number. 2494 and the high was 249, 350 so that's within a penny of the exact high and it's already down at 2468. It's dropped 22 cents. Let's just look at it on a real shorter time frame here for a minute. You'll see that it's backed off a little bit but there was your number right up there so it's going to be interesting to see what happens with Silver here because this is I just noticed that boy I tell you I must be using it folks because I'm missing a couple of things here and it's driving me absolute bonkers. I don't know what the problem is. I guess I'm not putting enough work in on this because I should have been spotting that. That level is real key to what we're paying attention to here. From the high here to the last high it's already way above the 78% level. You can see that by quite a bit but it has completed the A, B, C, D. Let's just look at this. Kicks and giggles. From your low right here to your high right there it went up for 14 days. That means if this run here is 14 days this is probably a top in the Silver market. You come over here and it comes in here on December well later on so that's not correct. The only thing that's correct about this time is the most elusive folks. Believe me we already know that but we are over one of those things that they call a full moon. Let's get rid of this thing because we don't need this anymore and there's our number right there. That's right where it went to so let's pay attention to that. That could be really interesting. Wow, should have seen that. That was probably a low risk. Never mind. Let's move on. We had a question about one second about Apple. Let me get this up here so that you'll be able to see it here. I posted Apple a little while ago but I want to bring it up here again. Where does the time go? It's already half hour time frame. Here's the daily chart for Apple and we were down a little bit. You can see it's held itself pretty good but there's where we are in the Apple. We hit the 78% level. We're down and we're back up on the day now in Apple so it hasn't really done very much. Most of these stocks they still look relatively bullish in here but I think that's something that we want to remind ourselves that that's something we want to keep a close eye on. If you have any questions it's 877-927-6648. We're going to have Jeff Fuge as I said today. Tomorrow is Stan Harley and Wednesday will be Joe DiNapoli and I'm trying to get Bill Meridian Bill Surubbi and the Cycles dude and then also one other fellow that we have on occasionally Shane Smolian but he's really swamped right now but probably get him next week so that's what we're paying attention to right now. We've got to pay a few bills here for our TFNN so we've got 41 seconds left. One other question that someone asked I could probably ask is why do I go back and forth on the time frames? Mainly to see where I can see the patterns. That's all I'm doing. 877-927-6648. We'll be right back. H-U-I-G-D-X The Dollar. Bonds. The South African Rand. As well as 25 different mining equities with specific buy-sell recommendations. The Gold Report. New subscribers get a 30-day money back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com The mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of sign up for the Fibonacci 24-7 newsletter at TFNN.com When you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money back guarantee. 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The Tiger's Den at Discord is accessible on mobile or tablets as well so it's always at your reach to sign up today and become a part of this educational community of traders. Just visit the front page of TFNN dot com. Don't forget you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN dot com then hit watch Tiger TV that's TFNN dot com then hit watch Tiger TV. We're back folks and I believe we have Jeff Hughes of Alpha Insights on the line. Jeff how are you doing today? I'm great Larry thanks for having me on the show. It's my pleasure to have a happy holiday with your family I bet. Absolutely how about you? Just living the dream on the green side of the grass. We're talking about CTAs set up to sell into year end. I notice you've got these yellow and orange lines there now where do they arrive from that's my first question on this Jeff. You know it's a study that was published by Goldman Sachs there's an analyst there by the name of Colin and his estimate is that the CTA's net long positioning in futures looks like it's poised to decline under any circumstances but he's got a range of where he thinks the decline can go and his best case scenario is that red line up there which is basically just slightly down. He's basically saying the best case scenario is that CTA net long positioning remains flat but his worst case scenario is the yellow line that we get a two standard deviation decline and his view is that we could see upwards of say $50 billion in notional value of S&P 500 futures sold by CTAs before December 31st. Wow. That's a lot. It would definitely move the market. Yeah it would definitely move the market. Let's take a look at the next one here that you're looking at right here. I mean we've seen such an incredible move since October the 27th which also happened to be a big lunar eclipse and this is a full moon that we have going on right now and now we're looking at volatility has now dropped to a level we haven't seen in quite a long time isn't it? Yeah you know the last time the VIX was this low was 2019 before the COVID collapsed and so you know it's really gotten down to a fairly deep oversold level if we look at the six week RSI oscillator at the bottom which is one that I think is pretty appropriate for this study and it's only the eighth time in the last five years that the VIX has gotten this deeply oversold on that measure each time that condition has developed in the past it's been followed by a pretty sharp surge higher in the VIX over the subsequent days to weeks you know the question that we pose you know will this current setup resolve in the same manner and just given where we are in the rest of our analysis we think it's very likely to occur and we think an initial move up to around say 27% or so where we see that descending trend line come into place looks like a logical target to us but we would not be surprised to see this carry higher into the low 40% area we think the setup is really such that we could see a relatively significant surge in volatility. Jeff we got a question for one of our listeners out in near your area in Minnesota and his question is do you take into effect the January effect that so many people talk about you know how January goes so goes the market yeah I mean I'm aware of it just as everybody is I mean it doesn't work all the time though and so probably the best barometer is I think if you get the first five days of January up in addition to a an up January month then that tends to translate to an up year but there have been many instances where that hasn't been the case I can't remember the exact percentages but generally the first five days in January if they're up it's a bullish signal but usually only if the entire month of January is up and even then it's not a sure thing yeah okay well I was sure there was a sure thing but okay let's talk about this momentum that you're looking at here this is really interesting to me because I see higher highs and then I see momentum you know slowing down and that's in the NASDAQ which has been the monster of monsters for sure yeah you know exactly as you said the NASDAQ 100 has been leading the charge here and if we look at you know kind of the mag 7 these handful of stocks that have been driving everything they represent 50% of the market cap of the NASDAQ 100 and we saw last Friday the NASDAQ 100 posted a new all-time high both on a weekly closing basis and on an interweek basis however we did see the 13 week rate of change post a much lower high and turned down actually and you know this goes back to really the June-July high we can see the exact same situation in July where we saw the NASDAQ 100 making a new interweek high and its momentum did not confirm it and that negative divergence that was illustrated in the chart by the number one you know was subsequently followed by about a 12% decline over the next three months and importantly I would say that momentum has failed to confirm the current advance in the NASDAQ as well but it's also fallen well short of those June-July momentum piece leaving what we've described in the past as a double negative divergence in fact and you know while it's certainly possible for momentum divergences to be resolved more often than not they have proven to be a very reliable warning signal of an impending trend change and we think that's just what investors should expect going forward as a trend change as you mentioned earlier today is the full moon, today is the 27th of November and you know that tends to mark you know turning points in the market as we discuss in the next chart yeah you know it really does in fact I have done some work over the last several days with one of my colleagues and I'm just literally shocked some of the things that he showed me how these things are to being you know related to these lunar aspects I've seen other studies in the different things but each market has it's own I guess fingerprint and that's the thing that you have to do is to find out you know what that fingerprint is but I you know I've had a little bit of experience with astrology enough to get me into a lot of trouble so that's why I rely on some of our other guests that you know specialize in that let's take a well we got it I think we got a break coming up here pretty soon we got 10 minutes left let me get this back up here we'll look at our next chart here Jeff and that is the cycle inversion these I like inversions I always like these so tell us what you're watching here yeah so you know this is the cycle composite for the S&P 500 it aggregates three key cycles the one year seasonal cycle the four year presidential cycle and the ten year decennial cycle and it aggregates that together in equally way the blue line basically gives you a historical expectation of what the market should do over the course of 2023 and you can see that through the gold dash line that the market has basically followed it very closely in terms of catching every turning point more or less right on on cue but what we're seeing right now is that the peak in the S&P 500 seems to be making a high whereas the cycle composite itself looks to be making a low on this exact date November 27th which again is the penultimate full moon of the year and also a key Montgomery cycle turn date now Paul McCray Montgomery was very very keen to point out that cycles can invert from time to time and they oftentimes do but there's another market forecaster that we should mention here as well the legendary market forecaster James Dine of the Dine Flutter fame and you know he famously maintained a series of investment rules to live by and among those among those that we found to be most insightful was the rule pertaining to seasonality and he said whatever happens in October expect the opposite to happen in November whatever happens in November expect the opposite to occur in December Dine's forecard shows that that was accurate 24% of the time wow stay with us Jeff we'll be right back you might think 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this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ we're back talking with Jeff huge and he's going to be talking to us about the primary degree Elliott wave analysis this looks like a double top to me my friend there's an open chart gap at 4577 the S&P cash index that dates back to August 1st our view has been that we're probably filling that gap or as close to filling it as we are likely to right now and we could see this you know November 27th key Montgomery cycle turn date mark a high that's our current expectation if that's right then we'd expect that to end intermediate wave two of a five wave decline so the subsequent wave would be wave three down intermediate wave three of primary wave three so we're looking for a third of a third wave decline that would be a very powerful decline that would begin what we expect to be a much more significant decline throughout 2024 which by the way WB Gann had marked as a crash year a panic year so 2024 in our mind is likely to be a pretty hairy year for stock prices you know we had previously been looking for the November 13th cycle turn date to mark a high it did not actually we think the turn came one day early on the 10th and it marked an interim low and so we think it's logical that this is going to be a high but also point out there's seven unfilled chart gaps below the market right now we expect all of them to be filled eventually so yeah there's a lot of gaps I haven't seen this many gaps in a very very long time your next chart of your Elliott perspective from the high that we made you know way back there in on July the 27th we're pretty close to aren't we close to a 61% retracement of that move just exactly we're just below it and you know kind of we admittedly had been looking for the advance off the October 27th low to be much shallower in the cap weighted index then it's turned out to be but if you look at the equal weight indexes what that's what we're looking at right now a two hour range chart it's much more proportional we've just retraced about 61.8% and it's been a clear three-way zigzag sort of a move which is corrective in our in our work and if we also look at the decline off the July 27th high through the October 27th low you know that is a clear five-way impulse pattern and so five waves down is always followed by three waves up that's exactly what we're given and and then we think the next move down will be another five-wave decline we'd also point out the momentum divergence over the last 30 days there's another thing that I put out on Twitter and it's not in this particular chart but I'll just point it out that you know the October 13th low from 2022 was followed by a December 13th high which was followed by a March 13th low this year so we had we had a low high low sequence all on the 13th look at this we had a high on the 27th of July a low on the 27th of October and we could get a high on the 27th of November you know plus or minus two trading days typically you know that sort of a high low high sequence on the same day is not unusual to see that occur and so we're pretty confident that the next important move is to the downside from a directional perspective here and we would be cautioning investors to position defensively for the subsequent you know three to six months period when I look at this chart Jeff I see a massive red light when you look at that momentum lower highs in your momentum when the market's going straight up I mean that's not a bullish that's not a bullish sign in my opinion of course you know so you think the momentum would be increasing as prices go higher but it's not and that in itself is divergence isn't that correct that's exactly correct okay let's move on to the next one here and talk about your monthly newsletter which is what I think is one of the best in the business tell how folks they can get it and the massive costs are involved of $12 a month I believe please go ahead Jeff well it's even better than that today's Cyber Monday so we're running a special if any of your listeners want to take advantage of that just send me an email at jhuge.jwhinvestment.com and I will send you a coupon code and then you can go to or just a link I'll send you but it's hugeinsights.substack.com newsletter for $99 annually that boils down to like $8.25 a month it's a 34% discount for a normal annual rate it's a pretty well regarded newsletter we're now in the top 200 on sub-stack in investment newsletters and so we've got a lot of followers now and we'd love to give you an opportunity to give us a chance here at a discounted rate here on Cyber Monday so give it a shot the next publication actually comes out on December 2nd so we'll be publishing Saturday December 2nd okay so you can buy your website you go to www.jwhinvestment.com and then your Twitter is alpha underslash insights and then on sub-stack which I don't know what that is it's huge insights at .substack.com what is sub-stack I don't even know what that is Jeff it's a newsletter platform so they handle all the logistics and everything to do with producing the newsletter all I do is to get the content and yeah it makes my life pretty easy well if I ever get more than 5 subscribers I might even think about it hey listen my friend thanks for joining us today and we're going to have you on again soon and we're going to see whether this lunar cycle that we're setting over today means anything because there's a bunch of stuff that's happening and I'm really interested in that momentum part of that last move because the sea declining momentum is negative especially when markets going ballistic to the upside it means it's starting to wane a little bit in my opinion so we'll see thanks for joining us Jeff we really appreciate it thank you Larry I appreciate it I have a great one okay you bet okay folks let's get back up here and we're going to take a look at the we were last thing we were looking at here was Apple there's where it is right now if we look at Apple intraday here over the past just do a 13 minute chart here you see what we're reaching now is from the high that we made back here on Wednesday you can see we're setting right at the 382 retracement here right now someone just pointed that out to me and you know sometimes these work sometimes they don't but here is a market you know that is made to 382 retracement off of the high back here but remember this is a short-term chart folks 13 minutes so you don't have to worry about any long-term moving averages our stuff going on someone asked a question about you know I'm doing research and stuff the only the only reason I do research folks is when someone brings something to my attention that looks really interesting and that we chart with that that little line there that was there which is a volatility stop indicator has some different ramifications to it but it really had a tremendous amount of of accuracy as far as calling the trend and if you use it with a little bit of common sense with a little A, B, C, D or Fibonacci you know it gives you a little bit of a better you know better way of looking at some of these markets so I hope that makes hope that makes some good sense or not we're going to have to take a break here I believe hold on one second and we'll see where we are with the Tom we've got the 41 seconds I'll repeat again tomorrow will be Stan Harley Wednesday will be Joe DiNapoli hopefully Thursday we're going to have Bill Meridian on the line and we'll be able to see if he'll be able to help us decipher through these maze of things that's going on in the market with things in the Middle East and all the other stuff that's going on been a lot of crazies out there folks I don't remember remember being this bad but I guess it is okay let's take a little break 877 927-6648 if you're looking for potential trading setups in the stock market then rocket equities and options report 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Sign up today and become a part of this educational community at the front page of TFNN.com. 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. Okay, folks. I wanted to finish the show here with the natural gas. We're having a lot of interest in this from what's going on in Europe. Very cold weather over there. I hear that from John Jameson and a few other folks. This is what we've done here over the last few days. Classic A, B, C, D. Let's just draw these in just like we would if we were home. There's your A, B leg right there. You just clone that, put it in. There's your C, D leg coming in right at this level right here. And what we're watching now is the fact this rally right here. You see how long this rally was? So if you just measure this to that one, you'll see you stopped right at the 3A2. That's where we're trading right now at 293. So that tells us you're still in a downtrend. The thing that's interesting about this is you have the potential for this little tiny move right here. Look at that. That's an hourly chart. So it's taken a whole day to complete that. So if you were to draw that and in from, let's just do it from the high back here. There's your A leg right here. There's your B leg, C leg, D leg. You could get right to there. Okay. That would be 294. And then what you have to do is you have to go and reevaluate what that next 3A2 is going to be. And voila, bada bing, bada boom. There it is, folks. 295. You want to watch it? It's if it were alive. I support and don't know it. I makes it rhyme every time. Anyway, tomorrow we're going to have, stay at Harley, always a lot of fun. And Wednesday, do not miss it because Mr. Joey D is going to be with us. And no politics, but he'll have a lot of good stuff and some great stories to tell. And of course, if you can't remember, he's like me, he'll make it up. Not really, but it's a good part of being old. If you use the old Dr. Pepper, tell the truth that 10 and you don't have to worry about you said it too. So that's what we're going to try to do here. So let's take a little break today. See you tomorrow with Stan Hardy. Do something nice for your neighbors, folks. A lot of folks out there with the holidays are having a rough time. Talk to you later.