 The following is a presentation of TFNN The Trader's Edge with Steve Rhodes Toll free at 1-877-927-6648 or internationally at 727-873-7618 The Trader's Edge now Steve Rhodes Hi everyone Basel Chapman sitting for Steve Rhodes our Of course I cannot do his show only Steve can do most of your property. Let me just see 32,000 to 80 32,000 360 okay, so I just wanted to do so I wanted to use this hour to take the hour because I had a lot of requests I know Steve loves to take requests is the way he's on vacation right now Steve loves so I I said I would take because I got requests coming in just as I was about to wrap up the show I wanted to do a couple of things. I wanted to show you first of all Bitcoin I haven't done anything with Bitcoin over a long time for subscribers We once had just an absolutely fantastic We got that huge huge move that went all the way to the 2021 high then I think we were out for the next move up But we had huge gains from the 12s in the Bitcoin trust all the way to I think it went up to 50 something But now we're out. So I'm looking at this now and then in the den the reason why I thought I'd do it is that Social missionary in the densest people are not going to ATM machines much So we don't see the lines digital currency is the future of the world. Let's go Bitcoin BTC to 50k soon. So and then it goes on to say Bitcoin to 50k Senate meeting Gary Gansler will do it. Let's go crypto market. It's a one-man band. They're good. Oh, he or she Now what I'm looking at here is I don't disagree with the concepts and whatever's being said What I do disagree with is that a Lot of these things take time. You know, we're back back when I started in Tf&M back in 2022 then 2023. I started my newsletter the opening call I said very soon after that I think it was like about in a year or two later at the Boston auto show. I was with a good friend of mine Who when he saw the Prius he said that's the future. There's I forget about those oil guys ripping us off oils that done and battery Another 15 years, it'll all be over everyone will be driving and I said no no no not true any Any medium that changes takes about 50 years No matter how speed it up It is but it takes decades before the infrastructure is such that your lowest common denominator That is the layperson is able to turn the key press the button and do it whatever it is and that includes the computers Remember 1980s was really the start of the public being aware with the Apple computer. I remember having a little box And that that's sort of the change. So where are we now? We are 50 years later I'm not 50 beginning to 50 years later and now it's a bit to us And as I said for a long time the oil of the 1900s are the chips of the 21st century That's the new oil. So these things take a long time. So the whole thing with Bitcoin Forget about next year or the year or the next decade. Yes over a period of time going into the 2030s and I'll talk about the fourth turning and at some point the Brilliant book, but just too much when you're overwhelmed. I mean every single line is is to data-proof But that doesn't miss the main point because there are only two things that you need to think of when you're thinking of major trends It's acetic that is sparsity going to excessivity going to an overabundance Not just an overabundance, but a huge overabundance of the overabundance like in 2000 like in housing market back in 2007 and 8 You know the it takes a long time. So yes, I don't disagree, but the process is going to take a long time So the low that was made Back in let me look at the chart right here back in November of at 15,000 this school is 16,000 back in November of 2022 We'll see that if that is the next major low for the next big move up Even if it goes choppy for even another month or two or three before So I do see it breaking out and I do see it getting to the 38,000 42,000 area When is the question I'm now starting to monitor it for the first time in a long time because I think we're getting close And that puts me into the category that says gold is something different and I've tried to articulate this maybe I haven't made myself clear but To my mind and this is I'm originally from South Africa. So gold is kind of part of the vernacular that I grew up with Gold mines diamond mines that sort of thing so as I see it Gold is a currency of fear for countries when they see that our financial like the XLF Our financial index is really starting to smash to the downside, which is not it's just kind of how humming It's in a sideways consolidation phase using the 200 period moving average of 34 There's kind of a key support if and when it does break under 30 and goes to the 29s Then we have to store then I think gold is going to go really sharply if that happens. So gold has its own Momentum it has its own cycles And I think it's just not in the cycle at this particular point and therefore it turns out that the dollar Acting as strongly as it is right now I'm not right now meeting in this July rally into this early part of September if you look at it Historically looking back a year ago It was the end of 2023. We were here. We're right now at 104. We were at a hundred on The week of the second of December 2022. We were training between 107 and 104 Remember, I did the same thing when I showed you the long-term TLT Don't get too excited about yields until yields really start to the breakout to the upside because we've been here before It's all the other conditions. So what I'm saying is yes To Bitcoin Timing is of the essence, but I don't disagree with this statement and that really was my point now the next point that I want to look at was I had a question gtbi f gtbi f and that goes together with a funny stock that I was looking at before that I hadn't heard of so look gbti f has exactly the same thing It's trading right now. Let me go from the low bar in the chap. We've got you put an up error I can do that because I can already see that it's been a bi signal to a bi mode in price That's a Yep, that's a Next peak is B Next peak is C Next peak is D And the next peak is E And here we are we're in leg E pulling back a little bit gtb gtbi f is Green thumbs industries. I remember seeing the stock a long time ago, and I thought ah cute little name green thumbs all right, so this is obviously in the cannabis area and Trading very nicely the night the price is way over the nine nineties way over the 14 in the daily chart Both of them are all three things are way above the 200-period moving average of eight point six five Naked these good stochastics flat at 86 percent on balance runs a little bit overboard And that's why you got a little bit of a pullback here. The weekly chart is in leg a Just a new single leg a I'll come back and we do a little bit more work on this particular stock Gv Gtbi f is a symbol. That's a champion tiger. This is how does only down 32 now, but it's a piece down 20 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 keg stats Tiger 4x report Teddy keg stat 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 palm dollar dollar Swiss dollar yen as well as many more And he also has weekly coverage of the crude oil market and the 30-year 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 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 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 at 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 Call now toll-free at 1-877-927-6648 internationally at 727-873-7618 Hi folks, and let me just show you this. Here's the one-minute chart on Oracle. There were some positions going into the open and then I think some of them switched to the long side so it's draining at 111 73 But look it made that low at about 10 12 this morning That's a time Eastern time going to peak ABC in Chad where you want to go from a buy signal upgrade to a buy mode It goes to a buy mode says it should go to a D goes to a D within three bars Actually two bars it has a new high so that becomes an alternate count Because it's got an instant restart chapter wave instant restart the only technique you'll ever find that has this particular technique something I've discovered back in the late 1970s early 80s and Here we go e slash a f slash b g slash c G gives your big biggest pullback you got all the technical scientists slide It does pull back and then it goes gray a the new high gets that alternate count either It's a b but I always am cautious. I call it a d a continuation pattern d slash b each that c but this particular pattern with the big cup and then a stretched out Sideways move that retest that break breaks to the to the upside Says that there's a really good chance that this should go to a d And as we're speaking I'm not sure if it's going to be I'll get ready to put in a d Maybe it does. Maybe it doesn't but it's trying to go to ec E slash c or c1 and a c2 This is the one that's really important in the one minute chart But if you look at the 10 minute chart you're saying, what are you thinking here? There's just a horrible move to the downside. No that pig 9p moving average of 112.64 Will become a magnet in time if not even in prices it could go sideways, right? Let's get back to our story. We're looking at this stock It's called gt bi f which is green thumb and it's industries So this is a leg e and it should pull back a little bit But all the technicals are strong I go to the weekly chart and say okay just on that weekly chart Look it broke above this ugly candle the very ugly candle that made a higher 15 of 16.50 Back in the week of the 9th of december 2022 had a low of 1650 high and a low of 10 92 cut in in 50 percent Yeah, that's that's a big move down. So then it continues lowest this High Was taken out both All week it's been taken out all week is two days one long days for the last five days It's been taken out 11 35 today's highs 11 85 So we're now into this ugly candle of december of 2022 This is going to take more time. The big thing is how does that handle halfway into this big red candle ugly candle? 1380 if at any point In the end september. It's a weekly chart. So I'll give it all of september if at any point in september if it actually does trade To the 13 anywhere 13 60 13 80 area Not only will but that really positive But it'll start to improve not just the weekly chart which is starting to improve already But that monthly chart has already got the mag D crossing positive So that's all of these stocks are going to be doing the same. It's the cgc Yep, there's the same thing. They all did the same thing now I think the news is that very often these things get carried away to the upside huge after being just decimated They take out weeks and weeks and weeks of sideways action. Look what it did over here. Look at this sharply down into july of 2022 and then all of a sudden peak a peak b peak c and d And then it pulls back again. It goes down down down down down So this is the story of of this whole second cannabis sector at some point It's going to work, but it could take a lot of time. So I wanted to get to that next question is PLTR that's palantir industries trading right now at 15 60 up done 19 cents Let's go backwards the weekly the monthly chart had all the technicals improved And it went from 45 round number high back in january of 2021 to a lower of five dollars and 27 cents I think it was december or november of this past year Now it's gone peak a peak b pulling back quite sharply at a peak f in the weekly chart Still with the nine holding very well above the 14 mac these weeks the casics weeks unbalanced volume is very good So that just says it's internal strength. I don't think it's the strength That's going to take you back to the 20s, but at 15 64 the daily chart says Holding pretty well. There's a chance that could make one pop into the 16 36 or higher area that'll start leg c But most importantly, it's this ugly candle of the 9th of august where the high is 16 92 the lowest 15 10 and It's already been halfway into that candle, but today it's stuck at the the high level was 16 15 I'm just going to say that if this if this Yeah, this rally first of all, let's see if the rally can go to 16 36 that'll start leg c Then what I would say to you is that the nine or period moving average is going to cross nicely positive the magnies Improving stochastic still very weak But it tells you That it's making higher highs and higher lows and that the chance to make the arch formation failed because it's got internal strength That means and now you've got an l for the day meaning that the nine period moving average on a daily chart Is attempting to close the day with an l if it fails because this slips to the 15 50 area or lower today It says watch out. It's because there are three fighting patterns. What is the sideways? And that's really kind of what i'm looking at here sideways And it can do this and stay in this pattern for a little while longer basically a rectangle Number two is it's going to fail and if it fails to take out the 14 support level Really quickly it's not doing it over the last couple of days which says there's some some internal strength there So if it does it it means that's really weak and that's going to impact the monthly chart to give you a dreaded h You don't want to see that here The next question is on the upside What would be the breakout and the breakout would be if I'll give it the whole week the rest of the week is only tuesday and so even an hour or two hours into the day So i'm giving it all the way to friday at four o'clock if on friday at four o'clock. This is not closed, but it's pierced Intra week 1650 I don't care where it closes, but if it gets to the 1650 level that's going to be impressive My thinking right now Is it's just stuck in a range stuck is is it is a trend? The sideways trend is stuck and I think it's stuck next question Next question is what what happened here look sjm This is smuckers down A dollar 39 and 130 point 28 it's down only 1 percent today But it took a dive yesterday huge dive from 139 down to the mid 130s Isn't that interesting how you stand this all notated This is p a and that's a b c d e f g yeah Smuckers it made an all-time high in january this year of 163 Was it 161 161 07 And i was trading 30 points 37 points lower than no 30 points lower than that And if you look at this and look what happened tr Funny i've never been a 2c roll fan. I've never ever. I don't know what it is just nothing All right 30.2. I am smuckers jams 30.21 down 59 cents lower lows and lower highs. This is in the category of xl xl p This is select consumer style sables spider fun. Nothing. It doesn't look too bad But really this is not doing very well dows down to 16 not bad action. Wow Is it these down 20? The gold report As a precious metal gold is still king It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market The us futures market and the shanghai gold exchange the gold report tom o'brien publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xau hui gdx the dollar bonds the south african rand As well as 25 different mining equities with specific buy sell recommendations The gold report New subscribers get a 30 day money back guarantee. 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We'll see if it does that So a couple of things that we're looking at So I had that oracle remember or cl And I did this chart Did I mess up? No, I didn't so look a I said use an alternate count d slash b e slash c and that should go to a d and there it is We're in a d Oracle right now touching what the 200 the pink nine-period moving average in the 10-minute chart Right 120 112. I think that's a 32 or something today so far. It's 113 30 This is a stock that was down at 109 point 30 So 3 point gain is very nice after a massive drop yesterday Okay, so I just wanted to show you I thought I'd do some of these things live mistake right there Always put a plus sign on the d Above a d and an e And all right now for that this is go ecu 23 Oh ecu z 23 got eight years to that Up and there we are 450 445 22 50 75 right now So we're right there at that left side high and this price left side right side price time match Did I miss that? Oh, I didn't do it correctly right there So it's done it to the minute Right there that was that was No, it's a minute early that was my plumb line right there Plumb line meaning the number of bars on the left side To the down move low To the number of bars on the right side back to the left side lip Was exactly and it's a c and now it's called the chaplain wave Oh, uh, sorry chaplain wave Yeah, we go cup and ladle pattern Which says it should go to at least a d and here it is at c because it's over the left side lip Interesting, huh? All right. So this is get back to our story. So oh, yeah someone's in the den was it was that? Um Is that duffy who said CCJ Yeah, CCJ. Oh just before I forget this xlp is the select S&P consumer staples spider. This is where markets usually prices Usually rally here because this is where people go when they get very nervous about the market to go to the staples area But wow it hasn't worked that way For august into september It's on its way down, isn't that that's the way reason we were looking at the smuckers and the tootsie roll tr So the question came up with a ccj So this is oops ccj This is the chemical core uranium fuel all-time high as we speak Leg f in the weekly with a chance. Oh my goodness with a chance of an inside Look at that pd instant restart wow F slash b right here in the weekly chart. All the techniques are really strong I wonder what's going on uranium soaring and we've got a new all-time high 38.40 Um, and that's the reason why I said For I like to if I can find I looked at this when I chose the uranium stuff because I said They're both moving in the same direction. I like that if I can get the pilot light the little What do you call those things like a little pilot fish? That that's swims underneath the shark or whatever it is if I can not take the big one, but I can take A comparable one as a proxy I can get a way bigger percentage gain for my subscribers and that's the reason why ccj is Is the leader and that's what I've been talking to subscribers about that We want to try to find for this next move up We want to try to find leaders because they the ones that are making new highs And even if it's an etf If it's leading it means that the group itself is moving very well You don't have to choose individual ones So ccj kind of fits that category to a certain extent, but so the uec Which is what we have up now 13 cents at 496 That Look has this cup and ladle breakout pattern in the weekly chart So it kind of confirms what we're looking at here that for some reason The uranium sector is really doing well. Let's just see lit Lithuania and Lithuania Lithium a global ex-lithium lithium and battery tech the muscle makes terrible weekly makes terrible and the daily Looks terrible, but lac was one that I I looked at this morning and I decided just for to forego it because we had other plans Um, that is coming off this This chapter we've inside track bottoming process in the weekly chart The inside track propellant zone had a real nice move up to the trend line resistance And it's in leg c but it's giving back some of the game, but it's still up 11 sets in 1924 So lithium america. So each one in it has something different. So another question came in. Let me just see if I can find it um Valsal, could you look at the gdx? In relation to gold well, look the gdx Has it has a nice move up is 18 cents up at 28.95 gold itself Is down 12 bucks So I've said for a little while That the normalcy that we have seen between all the different indicators the different Sectors the rotation the mirror image between gold rounding and dollar falling or dollar falling a dollar rounding and gold falling To the percentages that you would normally expect hardly anything has been normal It's just been very unusual everything even the vix index. Look today the vix index Is up 19 cents at 13.99 the dow is now up 21 But the s and p is down quite sharply the qqq's are not acting all that well so The normalcy is not here and it's an abnormal market and you have to try your very best to to think In a different way. So I did volunteer. I did that That question came in about Oh P can you speak of the peak c in the monthly chart? Of the s and p. That's just first of all go to the spy A lot of people have spies. It's not always easy for some of them to get the uh Index itself. So the spies find spies down a dollar 50 at 44 46.19. Let's go to 447 So the daily chart Has had the series of lower lows and lower highs and now it's made higher highs and higher lows This particular level has stopped at the 50 period moving average Has the nine period moving average over the 14 of the daily chart and that still says internal Support is there The weekly chart looks absolutely fabulous Yes, it's pulled back in time because there's one two three four five six seven It's seven weeks is almost two months since the high that was made back in the week in the 28th of july 44 59 54 And look at this um on the chart that peak c All the technicals in this little picture right here are very positive When you go down you say the magnate is good, but it's not as good as it was previously And the stochastic is really good at 90 percent. So I will talk about it when I get back That's a good first 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 basal 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 and stock prices get the opening call newsletter by basal chapman in your inbox every day First time subscribers also get a 30 day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors 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 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 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 Are china a shares hot or not? If you trade china a shares now may be time to take a closer look trade chAU or chAD Directions daily csi 300 china a share bull and bear ETFs china a shares in either direction Visit direction investments.com today An investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing The prospectus and summary prospectus contain this and other information about direction shares 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 four-side fund services llc This program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz Down 16 made a peak t left side right at price time match i drew this in i showed to you chaplain inside Wedge target resistance line I like sometimes to continue the line i used to do this Hand charting and every once in a while i look at a chart and say I can't even see that line that's from like two years ago and the line has just continued up and here i am bumping into that line again So when i can i like to keep lines and look here it is you get a little resistance here We'll see what happens in the one-minute chart This is the 10-minute chart single leg a to the upside gray a because we haven't got any positives just yet Um, so okay, that's there now. I want to want you to do is this a question came in about the the uh, spy and let me just see if i've got information that i can also use Yes, that's the reason why i thought it would be good to to do this um, the spy Is already in a leg c a peak c the Let me do this. Let me back up. We've got time This is an extra hour that i'm doing and i didn't put the trade on that i wanted I was just typing and using other things with questions that came in So that's that opportunity's gone from the moment. So let me do this in the meantime The spider made a peak b an all-time high at 498.98 in january Of 2022 january was the high of the dow the high of the s and p the high of the the cues I know november was the high of the cues So what we look at was at the smh's anyway, they missed the january What is really important is in the chaplain wave methodology There's no other way. I could count this new move that started on the 20th of And the march of 2020. That's where we also went along the dow still along the dow core position from that that that day um So this peak a right here See the g you cannot go to an h it's never an h So you have to have a restart because it went to a lower low than the 23 96 low of december This is a brand new move. You had the on balance volume. You have a fantastic reversal The stochastic then the magni was through. That's the order that you normally expect And around all the way to the high Of 498.98 and that was in january of 2021 Then it pulled back and I said if i'm correct In the chaplain wave methodology which i've done not a hundred thousand times but Probably over a half a million times notating that is um This should be a c and a d I know it looks horrible and we've had about a 50% decline etc etc etc to the 348.11 uh area But the only way that this will be overcome in other words the only way this peak b going to c and d higher c and a higher d Is eliminated is if underneath it. There's a peak a a b a c and then a d And then that d fails underneath the 498 98 high that The latest d is the one that takes precedence And at that point you could then have another huge turn down So this is a c In the spider, but the root is the s and p the spx. So this is a derivative essentially the spider Is the s and p spider fund, but the actual index is the s and p 500 index monthly And let me just go back here And peak c Is the same pattern Because it was a fractional peak a Right here that was in was in december. Yes, december of 2022 4100 point 96 and the next month was 40 94 Point 21 a lower high. So that's a peak and then the very next month had a high of 40 Oh nine four point two three and it became b one month later It's a peak b because it went to a lower high and then it started to run So this peak c i have based on the chapter wave Falling x one to one expansion This blue line and this light green line Should take me to about Not me, but the s and p cash to 47 35 60 points about 60 points away from the all-time high If it goes to a leg d that's the one that probably should accelerate higher I don't know if we are right there because look this monthly chart now. Let me just do it on a I'll expand this so you can really see where it's a it's a question that it's i've been wanting to deal with And i'm taking the opportunity right now Look You've got your cup formation. You've got your left side right side price time match but you've taken one two three four five six seven eight nine bars to the downside To the exact low of 34 91 that was made in october of 2022 And you've taken one two three four five six seven eight nine bars to get to this most recent high And one bar rest this month is in progress So no matter what happens. This is called the peak c but look at that little bit Of a dip. It's just a tiny little dip. It's not and we made a lower low and lower high and lower low But not very much and so far. We've got an inside bar and that's the same to me I'm monitoring things really closely because if i'm correct At some point as we get into the fall the falls are called the fall for nothing And the the the the idea of um cell and rosh shona barnum kippa the old the old expression That hasn't worked for a long time but in fact it coincides with Monthly chart mag t really quite strong. Look the histogram. This is the vertical lines The zero percent line at 30 percent. That's at 30 and moved up the Stochastic is flat at 91 percent. I say over 80 percent is great over 90 percent is terrific 95 percent is fantastic But at that point you've got to expect that either it's going to go flat for a long time as it did in 2017 into January of 2018 when it suddenly turned down and even then the nine-period moving average Was green and held all the way through even that horrible dip into the march low of 21 91 point 86 of 2020 um It didn't go pink. It stayed green. Isn't this this is the the indicator of last resort as far as i'm concerned Isn't that incredible look the stochastic pullback not bad. He but a pullback nack. He was pulling back And then this thing holds green and it moves up So all I can say is this is holding absolutely fabulously in the longer term aspect Let me just go to this right now This particular chart. I think I wanted to go to the most simple one of all I'll go to this one right here In this particular chart, let me just go to a month. I don't know if all the notations will stay on it. I think it will This is okay. Go to the spy It's just easier to see Look at that vicious turn down in the magia Look at the vicious turn on the stochastic from way in the 95 percent area down to under 20 percent and then back again So this is your cup formation and this cup formation says There's a pretty good chance that it works this way to higher highs and higher lows in this cup Large rectangle formation to just under right on just above the previous high Then you've got it There's no such thing So the answer is I'll give a summation of the answer as soon as we reach 10,000 chapter type editions hour If you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter You should try tom. 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So, um, here's the uh five minute chart It's starting to improve It does say that the 200 period moving average of 45 28 is going to be the big strong resistance But you've got a chaplain wave inside wedge Target repellent line at 45 25. All right. So this is to get back to our story. So how did I miss it? I said Oh a bunch of questions came in let me get to them one at a time I hope I don't miss it Uh, you know, we got a biscuit. Okay. See Jamie did that did that did that did that? Oh, I was going to write it down But I didn't have time because in the break. I was as usual doing about three or four different things. Oh, snd Yeah, we just did snd. I did that next question was Right here. Okay. Oracle did get to the over 112 area. Correct. Okay. Good Some issues I'm doing chop chop chop. Yep. Yep. I don't know how much I got to go to find the questions I missed them. Oh, I asked for them. I got them and now I'm They are What about dba? Okay. So the dba is the agricultural fund db agricultural fund It actually went to a peak d a leg d Even though the grains have been very weak. I was asked about weeks. Look at this leg d very now We are long from the 13s of 22.01. This is a db agricultural fund. It's acting very well The key support right now is between 2180 and 2165 if it closes under 2160 60 at any point in the next week That's a problem. And if you go to wheat, look, this is the continuous contract of wheat This is gone underneath the left side low. You remember I drew this in as a potential target I said it looks really poor and weat is your wheat instrument I'd be careful. I wouldn't be playing this on the long side at all not yet I think you'll get a better one being death row dead. I wouldn't say dead I think this is going below ground and that's not good The next one was oh, we got the break We're at the end rig rig is uh, not rig amortis, but this is trans ocean doing very nicely Yeah, these are the in the oil sector all service looks like wants to try to get to 8.90s and even the nine area looking very nice Hey, have a wonderful rest of their check out more people. I'll be back with farm leaders afternoon and Great programming. Yes. Thank you