 The following is a presentation of TFNN, the Tiger Technician Hour with your host, Basil Chapman. Call now for free at 1-877-927-6648. Good morning, everyone, Basil Chapman on the seventh day of December. It's Thursday and we're looking at the Dow. It's the 10 o'clock Tiger... Oh, I missed the Tiger Financial News Network because I was so busy doing a whole bunch of things that I didn't realize the time had flown so quickly. Well, this is 10-06 and there you have it. So the Dow is up 8 at 36,060. I tried to rally a little bit earlier on and went to the 36,150. This is a really interesting moment. I'm going to do this right now. I meant to do it yesterday for my subscribers. I told them I would do it and then I would just go so busy with all the other things and questions that I had been asked. Two things. Number one is this past weekend just purely by chance we were at the Tesla showroom downtown Boston near the Prudential. I just happened to be there on the way to a play and I saw the Tesla place. I went in and they had the Tesla truck. Quite a few people looking around. It wasn't that many but it was enough. Ugly, ugly, ugly, ugly. I do not like sharp things. Ferrari went from round to sharp. All the Italian cars did that. I'm not keen on that at all. I love the roundness of automobiles. But it is clever. There's no question about it. It's really clever. One will get used to it. There's no question about it. But wow, it is big. It is really big and sharp, sharp edges. I mean, if you're standing close by and you get a little bump, you've got a hole in your whatever it is. All right, well that's that. I want to get that off the way to say I did see it. And I don't mind unusual at all. I like the contemporary design but I'm not a fan of sharp edges and this has got everywhere you look sharp edges. That's enough with that. Next thing is I promise I'd go through all different charts and show Chapman Wave support and resistance automated support levels. So I'll do that. So this is run the numbers now. So the Dow made a leg E at 36,292, just above the 36,150s high that was made five days ago. One, two, three, four, five days ago. And I usually do a vertical measure. In other words, I look to see what's happening here on the on balance volume. On balance volume, you get a real nice turnaround or right there that was on the right there. And that was on the first of, you remember we got that same turnaround on the first of August. The difference here is that the on balance volume went overboard but that MACD was still very, MACD was still very strong and I was way over the 14. So I didn't want to give any sell signal at all. That didn't meet my criteria. And what I was looking at was what would happen over the next few days when we make a modest new high. And then we take out this first big marabosa candle that was made, that was I think last Wednesday, maybe Wednesday, Thursday. Yeah. And in fact, what happened, that would make 35,000, under 35,600 really important if we get there. Okay, that's number one. Number two, I'm calling this a process using time rather than price so that you've even got that right here in the one-minute chart. Look at this one-minute chart. We're spiraling up to the 45, 79, 25 high and then it's kind of used up time but you can see the technicals are starting to weaken in the one-minute chart. So I'm anticipating something like that is probably going to happen here in the Dow. And I thought that if there was a short position taken here, this is the strongest index so far and I'd rather go for the weakest index or the weakest sector. So it didn't do anything there, but at this point I'm looking at some kind of a pullback. That's all I'm looking for right now to give me the clue that that's going to be a pretty sharp near-term pullback when it occurs because this strong leg in the weekly chart going from 32,327, almost 4,000 points to the upside is that's incredible. And being so close to an all-time high, I cannot ignore that that's going to become a magnet and attractive to the price if the Dow starts trading in the 36,590, 36,660 area. That's where I'm looking at it right. So that's the Dow. Now let's go to the S&P. I'm going to show this in the automated support resistance otherwise I'll forget if I do it now. Look, it's just sideways from the higher 45,99.39 and here you start to see some deterioration in the technicals and the stochastic finally has gone under 80%, but that nine-period, the technical indicator of last resort and I'll be talking about all these things when I do my webinar coming up on the 20th, coming up, now I can't remember if we did it on the 20th or 19th, coming up not this week but the following week. Talking about the sectors, sectors that have come off the bottom, sectors that are already well off the bottom, are they going to continue or have they had their move? What's going to be looking good for the first part of 2024? Just I want to go through those in great detail. So that's the webinar for my subscribers. Now the other thing we're looking at here is and what technical tools will really help us in assessing that and that would include looking at what we look at all the time like the nine-fourteen period moving average but it also include looking at the different time frames, the date, the week, and the monthly. So now what I'm looking at is the S&P is holding fine. It's just using up time. Is there a chance that there's a generally stochastic body? It just doesn't meet all the criteria. It's a little mini one, yes, it means you can have a little pop to the upside. But in the meantime, it's holding, let's just say it's holding really well. Look at the QQQ. So the QQQ trading right now at, this is the index 100, trading up 3.50 at 388.56. It's had a pullback and it's really struggling to really break towards the previous hour of 394.14 when I did the study of the vertical move with the MACD on the, that was December the 22nd, November the 22nd, and then December, no it was 11, and the 1129. Between those four days, you saw some technical deterioration but even here the nine is still over the 14. So there's internal strength and exactly at this point, see I almost forgot about it. I have to say that in terms of, in terms of my Chapman wave, those methodology ups and this is not the one I wanted, in terms of the dark news cloud cover, just think about it. We're here at recovery highs, some indexes, some either at or close to all-time highs, some major stocks at all-time highs or close, and the only thing that's negative right now has been that the dollar rallied. So I said, I'm going to start this, that's just a kind of a warning, a little make them tiny, making a little tiny dark news cloud cover rectangle to say how it handles this over the next few days is really important, but there's no bad news sitting out there to say, oh, the market hates whatever it is. Interest rates are coming down even though there's a little pop today. So the dark news cloud cover, every time we had it over there, all the way from November of 2022, it always resulted in a really sharp move to the downside. So I'm saying, I've got just a starter of that, just an inkling that there's something there that I can define it just slightly, but not enough to say, hey, the market just turned down. So let's go to the IWM, the IWM. Let's go to the IWM, I just hit the wrong thing. The IWM, as we go to the break, does appeal to 25 divergence. The IWM is pulling back a little bit. If you're looking for potential trading setups in the stock market, then Rocket Equities & 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 & 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. Get ready, Tigers. Thursday, December 14th, Tim Ord is back to host another stellar live webinar. From 4 p.m. to 5.30 p.m. Eastern Time, Tim Ord will delve into the secret science of market tops, helping you, the viewer, with how to effectively call market tops in order to increase your success in trading. Tim Ord has developed this understanding over decades of trading so you can part this knowledge on you. Visit the front page of TFNN.com today to sign up for Tim Ord's secret science of market tops. TFNN 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 The Gold Report As a precious metal, gold is still king. It continues to hold the most effective safe haven in 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 so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com At 1-877-927-6648 Internationally at 727-873-7618 Just because in the dam we have a whole bunch of things going on as well as questions that have come in so let me just do this. Look how long from yesterday at four o'clock look how long and this is something I'll be discussing just very briefly in my webinar just because many of you do trade futures but I just wanted to say that this is narrow rectangle. Look how long it took when it finally broke slightly above and then it went below and all it was doing was trading with a low of 45.52 and a high of 45.58. That bar at four o'clock what it was just before, we have right at four defined an entire evening's worth of trading in the narrowest range until it did what I usually talk about there's a narrow rectangle, you use the midpoint line to see if it can break off they're going to a slightly higher recovery high and then if it takes out the low watch out for the bounces and then goes halfway into that rectangle and then holds it as support and the nine goes across as positive you can really have a nice move to the upside so that happened at 10 to five this morning I was up at 10 to five I actually was up just a little after that but look at this green green green green green and now we've gone to GSAS C and the left side right side price time match and I'll be talking about that in my webinar went to this candle I never expected it to do that but I drew it in and that was the candle 4582 and I had a doger there was a doger candle in the chapel inside wedge target resistance line we went almost to it and that line is just being hit right now outside right there so now we're getting to a point of that says okay maybe just watch this closely because you've raised your base of support in this to 4575 I just wanted to do that because I do know that there are a lot of people especially in the den doing that certain numbers so the IWM has held very well it went to a peak E we were wondering whether or not it was going to show leadership as a fading sector that has become not a leading sector but a way more positive one and that's really what I want to be talking about in just over a week's time because I think by then we're going to get a really good feeling to one of the characteristics aspects that I look at is what's my emotional feeling on the rally that's happened and that's just based on what I'm hearing what I'm looking at any nightly news how people talk about the market etc and I felt that the last three to five days of from about Wednesday of last week going into Monday of this week there was a really over emotional overbought situation in the general public but I still think a lot of people miss the big move to the upside so with that said that was part of what I'm looking at as a dark news cloud cover just to say on a shorter term basis but also on investors intelligence from what I understand there is quite a high percentage of bulls so that just says keep that in mind but don't use it as your trading thing in the very short term a lot can happen so it's good that the IWM was at 185.12 up one it says it's pushing it's trying to hold away from the 180 Georgia period exponential moving average the first time it's actually crossed and held above it for the first five sessions the last five sessions I should say that is really important it's a good side so within that context the weekly chart let's wait until tomorrow is closed but it is good but the monthly chart doesn't look good at all so that's the IWM so what I'm looking at here is let's go to the SMHs so the SMH is trading right now up 159.66 at 217 basically what it's saying is that that red candle from yesterday gave back but that nine period is still the 14 so we've been short I'd say aggressively short a small position we took some nice profits yesterday and I think we've just got stopped out for I raised the stuff from what we had and I put it just a tad under where we entered so on average property it's kind of a break-even trade more importantly or maybe just a friend I'd say break-even trade I haven't worked it out just yet but I'm watching this very closely because if the semiconductors start look they've used up time from the high that was made in November around about the 20 it was right on the 20th at 156.44 you got a peak C1 peak C2 that's slightly under it then almost like a peak C3 there from what would have been a peak D and yet you haven't gone that far down I said 155 is really the target that I'd be looking for and that's where we make decisions it never got they went to 150 156.56 but and the weekly chart is still strong so emotionally I'm saying to myself that was a spectacular move to the upside but if we don't using up time you've used up time to digest the gains it says there's internal strength that remains and that's the clue for me the 9 period over the 14 period moving average so we're watching that very closely so now just I've got those out the way I want to show you gold gold is pulling back through points at 2045 it did close above the left side low I didn't want to type it in it got too messy of 2038 in the continuous contract 2038.4 on the fourth and here it is at 2045 it's just it had a big move up that generally reverse red Roman Cantal says until it closes above the body and that in this case will be the opening price of 2094 this is a consolidation so I'm looking at gold and saying okay a couple of things are going on I don't want to talk about that now tomorrow maybe but there are a couple of things that are going on because the spectacular move that it made from the 1948 level up to the high and then coming back down is not unusual in gold I mean gold can have big moves up and then cool before you know big move down look at silver I like them to move in parallel and this is saying to me gold is in play but we have to wait for other reasons for it to start another move to the upside and silver sitting almost on this 200 period moving average I wanted to go to crude oil now crude oil I had said based on my work this we saw that in the dollar 102 was the level I was looking at is absolutely key support for the dollar based on my Chapman wave symmetry of a plum line in the middle using the number of bars on the left to go to that plum line sometimes it's the high sometimes it's the cup low after the high but in the meantime I typed in and said there's a chance that by the this is crude oil that by the 15th of somewhere around the 15th of December so that's next week crude oil might if it breaks under the support line this Chapman wave inside tracks support line of what depends when it is because it's a moving average 6680 in that 65 a lot of that was made multi-times but I used the one of the 20th of June of 6465 64 would be 6510 to 6430 it's kind of the target that I would have if it breaks that support and I'll show you automated Chapman wave levels of support and resistance it's December that means festivities decorating spending time with friends and family and the TFNN tiger dollar holiday sale don't miss your chance to receive a 20 30 or even a 40% bonus when you purchase tiger dollars once you apply your tiger dollars to your account you will be able to use them for any TFNN product purchase instead of your credit card visit the front page of TFNN dot com today to purchase your tiger dollars don't miss your chance to receive up to a 40% bonus on your tiger dollar purchase this holiday season every tiger who purchases tiger dollars will also receive a 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turns finding the peaks and valleys and stock prices get the opening call newsletter by Basil 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 don't forget you can listen to TFNN live on your mobile device 24 hours per day go to TFNN.com then hit watch Tiger TV that's TFNN.com then hit watch Tiger TV I've also talked about automated Chapman wave resistance and support levels look right here on the one minute I like to just show this as examples look at that you've got automated one minute 458775 and then 45876868 because it doesn't know about quarter point it moves it goes to the exact penny so that's the resistance automated and then this becomes an F right here it's almost like the Dow where you've got your slightly higher next peak you've got to make a decision but look the 9 is still way over the 14 the MACD is turning down the stochastic is now at 84% the 84 is still good and look at this if you use just this one tool which I unfortunately didn't do this morning I did a little bit but then I decided to try to anticipate don't anticipate look since it crossed positive it has a 5-minute chart about 4.40 this morning green 9-peered moving average would have kept you in the trade to this very minute from the 4555-ish area to 4587 and it's still green and it's going to a leg F in the 5-minute chart but that look the stochastic is at 94% MACD is good so it has to be a sudden very sharp pullback that changes the technicals to negative and GCC then with the chart every time I try to anticipate like that peak D there that's good well it was a nice move down but only briefly and it never went pink it's green and that's what I'm saying that's why I refrained for subscribers to say let's start short positions saying in the down with the S&P they just holding too strongly and we did that in the SMHs funnily enough the SMHs they are very weak but because this is a three times short position the move at the end of the day when it gets reconfigured takes it down very sharply over a period of few days so my stop should have been lower down but there's no use taking a risk I'll see what happens we can always get back in this is the weaker of all the sectors of this particular point but you can see the nine still hasn't gone negative so with that said here we go let's just go through I didn't do the TLT we'll do the TLT here so here's gold you can see that this right here so this is using slightly different techniques in this case this is the standard deviation that my late friend Herb did and look it's green yes prices pull back but the internals are saying there's still strength there until it turns red and turns down weekly chart same thing and the automated level says 2045 we're right there at this point is a support level and 2046 2043 in the 120 minute chart with 2053 resistance but in the big picture 2161 is where we went to and that's the resistance the next one is up with the 2 let me just move that away 2227 level so I just wanted to show you these here we go so now I'm going to do the TLT because the TLT still just a tad today but that's now support what was resistance 9369 is now support in Australia 98 what is that 95.20 it's red so it's a little difficult to see yeah and 9762 is automated weekly resistance 93 to 92 is a very strong support and at the very bottom I've got 83.94 is a key support and what did it actually go to it went to I should have remembered this 82.42 not bad 50 cents less than the automated let's look at now let's go through these INDU the Dow automated resistance 35644 it went above it in the weekly spiked above 35572 in the daily and there's a whole cluster in the monthly chart starting at 93 36000 290 in the 37,063 that we haven't got and sometimes these things become magnets to the upside that you're looking at it and you're saying can we get there well at this particular point at this particular point the monthly charts are saying there is resistance but it's it could act as a magnet as well as you go through each one it makes the next one a magnet if it isn't repelled so that says kind of room to the top S&P S&P hit the resistance right there cancel and we've got 4578 and it went high it went to the left oh wait no this is the daily so this is it's right in a congestion area a lot of resistance a lot of support 4626 is the weekly resistance and 4633 is the monthly resistance and the daily has 4533 as near-term support and then 4524 so through these I'm saying it makes sense that we're kind of stalling here look the QQQ's had so much resistance of the 391 to 397 area and now it's pulled back some is trading at 389 and 376 is key support and 387 and 399 are the weekly resistance 398 is the monthly and the short-term 382 so I want you to just show that looking at my automated levels and actually I use so many other techniques that this is something I just kind of glance at to say where are we it just says you can understand that a breather at this particular point is really important then I was asked if I would go through stocks like Boeing so let's do this yes Boeing leg you see what I'm saying we've gotten to a peak E there's no new height new recovery high today in Boeing that's the daily this is the same thing with that single leg A up about to challenge the last major high of 243.10 made the week of the 4th of August so excuse me in the daily charge you've got on balance one overboard but it's not really pulling back and the he said 95 that's a great sign this is go through them as I've written them down IBM one of my favorites that I didn't get in this last big move up and we chose Microsoft and said but look at this peak E and now it's had three days of just stalling there and this could be an instant restart but I'm calling it E for now leg E in the weekly and the monthly has made a recovery high the last time it was in this area was back there that was January of 2018 hit a high of 163 and yet it is trading at 160.75 so I wanted to go through a number of charts to say excuse me the daily charts are a little overboard the weekly charts are holding the fantastic move up over the past 5 6 weeks that's really impressive I'll be back Basil Chaplin Tiger then this was out we'll continue looking at these with the many of the stocks people asked for old 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 so you have nothing to risk subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com the 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 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 first hand TFNN educating investors 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 866-4767523 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 just look at this the e-mini and I'm using this as example it's the same that we're seeing in the day it makes a difference what time frame look makes a little minitop here 458.50 right there's a fib number actually and then it starts to turn down but you've had to wait for 1, 2, 3, 4, 5, 6, 7, 8, 9 10, 11 this is the 11th bar you see the S this is where you might see the 9 pre-moving average turn down and then you've got this automated 4582 support to take out and if it does that then you look at the weekly the middle chart is a five minute chart and that's made it two doji candle peaks at the top I just want to see what the fib number is right there I think that's a oops open up there it is oh I have to go all the way back let me just squeeze it squeeze squeeze squeeze squeeze yeah that is oh that goes back to the oh gotta keep squeezing huh there we go another one another two it goes back too far it goes back to a few days ago yeah it does it goes back to a few days ago right there oh there it is it goes to that peak e-top that was made at 13 so that's one o'clock on the 1st of December at 4,000 oh 467.75 I remember that I got a shorter 4603.50 for a short period of time yeah I remember that so that is in fact a 76 right there percent resistance level we'll see what happens alright but in the meantime I'm just saying to you that I like if I can if I follow my rules the rules say wait for the 9th for you to confirm that it's turned down and the wider the space between the two moving averages the 9 of 14 the greater the chances are it will accelerate to the downside when you've got an automated support level like you do right here it's going to take a little bit unless it smashes right through it immediately it's going to take a little bit for it to do that but right now and with a little dodgy camera 10-minute chart this is where you'd look now I'm just I'm applying the same thing to where we are in the in the general market look here is the yes IBM is holding steady and the 90s way over the 14 so it'll take days or very sharp sudden move down maybe tomorrow's the jobs number whatever it is coming out tomorrow maybe that does it but it's going to need this dark news sitting across the market sitting in the overhang with this cloud just ready to pull down just a hail everything has to come down for it to really change what we're looking at right now which is a high level consolidation so let's just keep on now I'm going to run through them so CRM so IBM is at a peak E CRM is at a peak E at 263.43 digesting the gains Caterpillar I mean these are down starts Caterpillar peak E pulling back a little bit Honeywell all around it's just everywhere Honeywell peak a leg after the upside could be an instant restart but it's just started to slow down a little bit on this upside move but it is at an F here we go oh triple M what a nice move triple M has had from the bottom well it's starting at the 200 period moving average at a peak E nothing negative yet but it's starting right there hugging the 200 period moving average so I did that did that oh CME this is the one that I I can't believe it out of all of these this is the one that I said you know this is the one that could be a short I even looked at I put option you yourself too thinly here for your subscribers although I think they might have loved it it went from I saw this in today yesterday so it went from about 216 to today's low of 209 and here it is at 211 but this is interesting this is a CME group Mercantile Exchange so and even if the brokers look at the Schwab Schwab has gone to a leg E this could be a peak E little quick very quick D to E when you get a quick D to E either you're going to get an instant restart or you're going to get a bit of a pullback not a major sell just a bit of a pullback so I don't know if they go through them all but I do want to go through AZO he has a AZO his order zone holding almost all time highs Sintas this is the overalls uniform rentals holding from that peak E gone sideways using time rather than price what do I mean by time rather than price I mean this right here we've been talking about it live and there it is what did I say the resistance at 4582 is there so it's the support and the ninth period did go pink but the wider the move because why the gap is the aperture between green and black when it was going up the E many back at about 1015 and now look it's still narrow so to get it wide you have to have price decline you got to break these levels they become support but they'll become targets if there's one more pullback then probably you'll pierce that but look at this time that it's taking look at the green ninth period moving average in the weekly so I keep saying weekly but it's the 5 minute chart I think of them as 1510 is daily weekly monthly so look isn't that I mean would you have thought that after all this from the 1020 I remember 1020 to to 1245 one o'clock usually that's another phase of the day and look at this you've gone sideways for 1234567 for about 35 bars 35 minutes it's gone sideways but I just wanted to show you that the certain technical aspects that can really help you in terms of timing so I did want to go through that let's look at Nvidia so Nvidia is now being talked down because advanced micro devices has got a new chip coming out but you know what it's for next year so anything that happens right now you're anticipating next year I think that's a little bit carried away that's the reason why I say I think the SMH's are still kind of struggling here we're going to be watching closely in the meantime back at the ranch there's your Nvidia up 8 at 463 and advanced micro devices which is the big challenger is up big up 8 at 12628 so once again what I'm looking at is with insectis you've got some stocks it's actually just a handful that have really been lifting up certain sectors so for that said I want to see if there's a question I think there's two questions that have come in could I look at fang yep fang fang and that is a diamond back you know that I used to have these all notated trading right on the 200 period it's been actually moving out alright we'll be back in a moment 1028 S&P's up 30 and we still haven't broken that 2582 level this is that amazing I'll be back in a moment 1028 get ready Tigers Thursday December 14th 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it's starting to weaken look at this it's gone for about 40 minutes in a sideways range now it's starting to weaken a little bit weaken a little bit but it hasn't weakened yet still holding in the five-minute chart alright question came in about FANG FANG is Diamondback Energy I would prefer to do something tomorrow I want to do a little bit more work it's sitting on the 200 period moving average I don't think I would I wouldn't touch it right now gap down it hasn't actually been able to go above the high or below the low so it's sitting on the 200 period I think it's stuck here for a little while within a trading range so I wouldn't do anything yes I did do the crude oil and I have a target of 65 to 64 by December the 15th I don't know if that's going to work but it worked for the dollar oh I didn't even do the dollar today look so the dollar the dollar is down quite sharply down 39 ticks at 1 in 379 but that was my target it went just under it but to the day and that was my target right there 102.94 it went to 102.47 alright and now right stalled at the 200 period moving average look at the USDJPY and they usually go in the same direction but look at this plummets right right to the 200 period moving average at 144 and if you look at the oh that's the bell the bell is wrong sorry about that so we'll do a lot more tomorrow coming up not this week coming but the next week check it out should be real timing wise it's going to be just great for some of the pullback to succeed and new buying coming in and thank you for