 The following is a presentation of TFNN the Tiger Technician Hour with your host Basel Chapman call now pull free at 1-877-927-6648 Hi everyone Basel Chapman here on this Thursday June the 2nd we're looking at the Dow down 170 points after a really amazing move from 30,635 to higher 33,272 I believe yep 272 so we've pulled back actually we've pulled back 600 points pretty pretty sharp move but within that context I did not like last Friday's action certainly we enjoyed it as subscribers enjoyed it we've been long since the day after the low that was made on the 20th but more importantly I wanted to see a pullback on Friday and then a strong move up for maybe a leg B at this particular point but I'm not complaining I'm just saying that would it be much we had two sessions of very sharp rotational correction different sectors different areas of the market the Dow actually made a fraction of new high yesterday it should have been a peak and today we're getting our peak a and I think Microsoft's adding to that by pulling back and there are a couple of Dow stocks that are pulling back I think maybe Johnson and Procter and Gamble some of the defensive stocks on I'll check them out in a moment but more importantly is that the spectacular move to the upside it has the potential and I just say the potential because we don't know that you have what are called Chapman wave squash with a stochastic goes from under 20% very quickly to over 80% in the daily chart in this case daily chart the MACD aperture expands widely between the nine-period differential the green line and the slower moving 26-period moving average the histogram moves very sharply higher and you get the crossover of the nine above the 14 turns green so so for all of that says there should be enough talk to empower the the market slightly higher what I do is I'll make measured moves I make a move from the 30,000 635 level to the 32,272 and then I say well it could pull back about a third or maybe even a little deeper but it could back and pull back about a third if it's if it's shallower than that then what I expect is about there's a potential for a half of the entire gain from the low that's made off in this case the peak a if that whatever the trough the low is to the upside and that could complete a B and a C and then you have to wait and you get a D that's if there's a Chapman wave squash in this particular instance if the Dow is able to climb into the 33 no it has to go way high 33,450s yeah that's a big asses 800 points from here you really have to have leadership to do that and it does it in leg B or B and pulls back to C that's going to be impressive higher it goes in this particular leg the better it is obviously I don't want to get too carried away other than to say we've got a buy signal it hasn't been upgraded to a buy mode in the daily chart the weekly chart I have to wait for the entire week to finish that means tomorrow at four o'clock before I can make any decision there is this a buy signal I haven't even got a look at the on balance volume in the weekly chart in the middle here very poor stochastic store very poor 27% a lot has to happen and in fact you have to break this Chapman wave down channel and close on a weekly basis somewhere in the 33,900 to 34,100 to say wow that is fabulous action all right so we just came one step at a time the question came in about what's the stance stances we're in a we're in a buy signal almost close to buy mode in the daily chart the weekly chart still a lot of room left so on the shorter term I'm expecting a rally to unfold to continue to unfold intermediate term I'm still saying keep a little you've got to keep some money ready keep your part of drive because at any point you get a two or three thousand dollar point smashers downside in the doubt because we have conditions now that are really I am looking at this and saying there's a chance I'll get there in a second I want to talk about copper but there's a chance that within the context of what we're looking at here the overall inflationary aspect could be ameliorated if crude oil it was earlier on but now I can't say that if crude oil starts to pull back a little bit more because maybe the Saudis whoever it is comes in with extra oil to take up the slack it's a complex situation that the oil is higher oil prices are going to remain high for a while even if there is a pullback so and with that context and they're looking at the DBA which is our agricultural fund it's pulled back a little bit it's in the rectangle formation so there's the agricultural part that says maybe you could start to pull back and if we see some alleviation of the inflationary aspect and maybe with the jobs report tomorrow maybe there's a sign that says you know what we could actually see a little bit more rallying and then we can go one step at a time so looking at the E-mini you've got a PG doji cattle right there in the arch formation of the 10 minute chart spiraled up from basically sitting around the 4,090 area and then boom because spirals up to the 4124 level 4124.50 doji cattle look how long it held that 200 period moving average and then it just couldn't oh it just couldn't on poof comes tumbling down and now you've got your first gray leg a in the 10-minute chart but that's really improved funny I actually had a buy as we went to the news at 10 o'clock but I put a really tight stuff so I got stuffed out and yeah we are setting up and now we're only down 450 in the E-mini in leg B in the one-minute chart nice action this is the kind of action I want you to see that's all right Daisy now what we're looking at is within the context of the different indices let's just do this quickly the S&P and now it's come back quite nicely it's only down three at 4,098 it's got a leg B could be a peak B if there's none you're high above yesterday's high but the MACD strong stochastics at 89% this is just like the Dow these are really positive aspects I like this on the shorter term I can only go one step at a time I'm not one of those that talks about Dow 60,000 I like to go it might be in the back of my mind but I'm not talking about it because first you've got to overcome the near term how can you even talk about the longer term until you can overcome decisively a lot of barriers so let's just do go to the QQQ now the QQQ is up 307 57 up 58 and just for clarification for subscribers all along the Dow we're all on the Q's we're looking at this and not bad it's got a leg B it needs to clear in fact by Monday we need to see 315 307 right now we need to see 3 so 3 3 13 to 315 that'll be fabulous action if there's a pullback and we close under 302 I'm not saying fabulous action at all so this is a near-term IWM acting quite nicely up $1.80 at 186 it needs to get to the 191 level to say hey I'm also participating wow does that now down only 50 points and the S&B is up 5 I like that let's go to the yeah I said I'd mentioned high-grade copper look at this high-grade look at that move in copper it is up 20 20 cents at 4.53 up 4.7% I look it just smash through the 200 period expansion moving average but it isn't a deep however coming off a low you're going to get your D's and then you can start recycling but this is really good action let's see what FCX is doing report the car up to 17 a 5% yes I like the job as well the time of booming inflation we are purchasing powers eroded there's no better place to protect your hard-earned money than ain't gold this the gold flagship asset is the Monk Todd Gold Project in the Northern Territory of Australia this is Australia's largest unveloped gold project we are talking a world-class gold project in a tail-one mining district this is a large-scale low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction this the gold just completed the Mount Todd feasibility study which resulted in a 7 million ounce gold reserve 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educating investors toll free at 1-877-927-6648 internationally at 727-873-7618 Hi folks we're back so let's just go to the TLT which is the bonds TLT is at a peak D pulls back sharply it couldn't get you remember I spoke about this in channel methodology you want to see strong legs to the upside you want to see a leg A and a pullback and a strong leg B not just a minor blip above the previous high in this case peak A and then another pretty slightly higher high to C and then a fractional high to D that's never good that says be careful because now you could be thinking of the H to dreaded H pattern that said lowercase H arching over although having already got to D says you've used up upside strength but you probably also use downside weakness so that you could be stuck in the range and that's kind of what I think is happening in the yields so in this particular instance I just want to show you this bigger chart that I had from the left side right side I used time rather than price in this particular instance the 13319 TLT low back in March of last year rallies up and then it went to 152.72 pulls back to the 140s then goes back in like a cup formation or a V-shaped formation hits 155.12 just above and then closes below after that in December and then pulls a weekly chart and it comes down and I said there's a measured move between this low here back in March low in October and four weeks ago with it exactly in time but price of course was major it was a one-to-one to the downside of this whole cup formation now what's really important about this is that what we're looking at is within the context of within the context of looking at the yields the TNX which is the brown I'm using the white background so this is the TNX is the 10 year keynote yield is rallying but it's not breaking out to the upside it's not up in the 32 areas in the 29s 2.9 that is percent and I think it's gonna have a consolidation here that's really what's gonna happen if at any point to the next in June if it closes below 27 I'm gonna make it 2650 I wanted to be decidedly low there's 2.6 that's gonna be a big deal a really big deal and that's gonna say that bonds are finally running and they're running quite strongly I'm looking also at questions that I had sent to me here so one was would I look at where to go where to look could I look at toll brothers to L it's within this rectangle formation it made an all-time high was this an all-time I believe this was an all-time high I think was higher than the 2007 highs yes certainly yeah we go oh wait a minute I said certainly no that was the high was I remember this so well a back in July of 2005 it had 58.67 so it is underneath that in this big arch formation what it's under it now but it has broken out above it and it's gone to 75.61 so this is a big pullback and I suspect that if you're looking at the the housing sector look HGX you know Tom Tom O'Brien has spoken about this a lot he's spoken about how HGX he's spoken about how he is lightened up these real estate portfolio a lot that doesn't mean say he's not buying it by doing other things but the bulk of what he wanted was to do some selling and if you look at the if you look at the HGX monthly chart I do have this is a peak B I can't count it as anything else I could make it a C but I can't make it a D so it's pulled back very sharply and it's gone to a leg D could be a trustee of this month you you don't see a move below 372.96 and it's really right now 406.73 and that just says to me that in the in the larger context yields are a factor the fact that many people who are looking at houses we're in the housing market have three different areas that they have to consider one is where do I move because if oil prices remain high like this I might have to move a little bit further away because I don't want that there's usually expenses if I don't have any other way if I have to go to work that's something I have to consider there was a period where people were not considering that they thought okay we're going to be working at home for the rest of our lives I know a number of people say to me that I said you know what there's a tradition I don't know how you can break that tradition and the tradition is seeing your colleagues meeting your colleagues building a friendship building up building something that you don't really get via zoom or any medium like that you can get something like it but one-to-one relationships are way more important and I think that a lot of people especially younger people though they don't think so now they think oh this is cool I got all this time are going to find that working at an office even if it's not full time but being there and knowing the colleagues knowing the people that you're working with is it's a it's a really big factor whether it's the most important factor it's not for me to say I don't know I know that it's going to be an important factor so in the housing market it says that that that's part of it so you've got higher higher prices for your mortgage you've got lower footage meaning that you can't afford as much as you could have say six months ago and that could make you move out as well as oil prices and with that minus stable we don't know who knows right and the third factor is within the context of the housing market itself all I can say is that never in the history that as long as in my history of home ownership and owning and selling houses periodically all I can say is I have never ever considered that I would say to the the realtor well a lot of time I did buying and selling myself but when I dealt with the realtor there's no way that I would have said no contingencies I want that house I'm going to overpay for that house no contingencies no I've been around when houses have dropped 50% I've been fortunate enough to buy it a number of times in recessions waited for recessions or just be lucky and I don't know if anybody out there has had that experience but I've been on the side where I've been wanting to buy and the homeowners then he cried with joy to see somebody actually ring the doorbell to say I want to see your place one person said to me I've waited a year and a half nobody has come here the first person to come welcome yeah and here in the Newton area Newton Massachusetts the Garden City I have seen prices drop 50% I'm not saying this is the one that's going to happen I'm just saying be aware that when you just drop your contingencies well certainly the Northeast I don't know about the South but I know that here if you don't have your the basement if you don't have your roof if you don't have all these things looked at the expense starts at $30,000 to $40,000 so that's a factor that you've got to take into consideration and because of that I'm just saying that the housing sector so this is a very long answer to told brothers is just to say my answer is if you buy because you're going to live in it and that's really what you're going to do then you compare overpay that's fine because you're going to watch the advice that we get but if it's on spec I will touch it right I'll be back if you want to take advantage of this sector now is the time to subscribe to my gold report the gold report is a comprehensive look at the metal sector as well as the markets that move gold which is the currency and bond markets new subscribers get a 30-day money back guarantee so you have nothing to lose every Monday morning I publish the gold report with coverage of gold silver bonds DXAU HUI GDX as well as more than 30 different mining equities to see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting tfnn.com don't miss out on the next great gold trade sign up today tfnn has just launched their new trading room the tiger's end hosted at discord tfnn has been educating traders for more than 20 years with live programming hosted by a variety of professional traders 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as he teaches you his trading methodology right from his best-selling book the art of timing the trade your ultimate trading mastery system in this live webinar tom o' brian will be teaching you his entire trading system including quality volume abc structures fibonacci confluence zones cause and effect swing points and more we will be limiting this class to 40 attendees so please do not delay and reserve your seat today for this special live event with tom o' brian all attendees will also receive a physical copy of his book the art of timing the trade an $88 value mail to you along with the free month of his daily newsletter market insights a $169 value for all the details and to reserve your seat today visit the front page of tfnn.com tfnn educating investors this segment is brought to you by think or swim for more information just click the think or swim banner on the front page of tfnn.com i'm also we're back sorry in the den i i typed in the wrong place i thought that i typed into the den that i was gonna look at as stocks and now i wasted a whole bunch of time but let me just to finish up here with toll i look at the now i think they're in a digest a huge digest the now has got a pd the and that says to me that's that's one i always have my eye focused on especially since the symbols le and we've got a land from kate carl who i haven't spoken to for years and years he was the he was the he was unbelievable in buying up properties and every single recession from the beginning of time him and his son and then he sold almost right at the top in 2005 he was selling for the first time and then he bought back some of the houses at the at the prices that he had bought before they had this spectacular rally in the last when he bought them in the last dip so that's the land from kate carl um hi land if anyone knows him and say hi for me please um we usually uh read we um send one another new year's greetings christmas greetings new year's greetings so uh the now is at 79 73 it's in a consolidation phase the longer it stays here the better it is because as soon as rates if they start to come down a little bit that'll help to see the market move the housing market move up but right now i would say as trades on this phase from 71 to 79 and 10 11 gain sure absolutely so i would just treat it as in in a range and i'd be careful i think there are going to be other areas that you'd like to be looking at uh for a longer term short term that's something different here's another thing i so question came in what about the semiconductors yeah semiconductors are moving off lows 215 was the low on the um 12th of May it's they're struggling i i need to see the semiconductors really break into the 258 to 63 area with it in june and that's going to say wow maybe finally we're going to start to see the chips come into play um but i can tell you that uh some of the the order dealers uh one in particular i'm hearing has got i think 2000 cars or something to sell in the united states because of the chip shortage are they they're low on the totem pole i guess um and there's a major a major international company just a very little inventory and uh so that that's a big issue and i as i'm saying you know i said that there'll be there'll be a glut but to fill that glut there is such a demand that you're going to have to get that demand to be filled and that takes months and months and months so yes i think in 2023 we could be looking at a semiconductor chip glut but until then we've got to be respectful here so i do like the semiconductors in terms of the stabilization it's just important in the economic structure but as trades i've been very hesitant um if you have got the SMHs or a derivative of the SMHs on the long side what you really want to see is you don't at 232 right now you don't want to see a two-day close below 235 under 235 means you know what is it looks like the housing sector it's just stuck in a range but if there is a push into the 252 and then push higher you have to see a close above the high that was made on the 20th of April of 253 27 and i actually that's not even good enough it's got to be higher than that you've got to be you've got to get to the 200-speed moving average of 258 and treat that as a magnet for a little while not being repelled from it just attracted to it and even if it pops up and comes back and tests and then third week of June or so if that's the case you want to see 263 or higher that to me would be very very positive it wouldn't be overly bullish because the weekly charts are still very poor and the monthly chart is very poor that that would be a good start all right so now let me do this i have oh let me get that okay so let me go backwards if you don't mind i've missed the thread this sequence yeah let me go so huge volume in ch w y i never understood this my my contention has always been i don't have a pet over the years when i had small kids we used to have uh budgies uh hui louis burning urney but no and i had to actually give injections to one of them for diabetes a long story very i hate to say it but it was a very funny story i the birds of eye for a long time with me giving injections although my daughter a little four five year old saw it and went went to the doctor we couldn't understand why she hit underneath the table of course if she was watching a bird getting injection why wouldn't she anyway so um chewy is i always thought that this people would the last thing they would sacrifice is buying food for their pets or anything to do with their pets but wow pd in the 120 area uh back in 2021 it was in january right let me just check it hit a high of 100 oh i remember 120 round number high i had to redo this and i forgot to type that it introduce it oh a round number high ever ever high um so that was the high uh 2021 and it has a little bit of a tumble and it goes down to the low four or five days ago in the 20 22 23 20 22 22 22 22 22 22 all right so i would call that a little bit of a tumble and that almost 90 percent uh this is a serious thing and and then it came out with really good earnings and it's up a whole four points of 27.40 struggling so this is one of those things you know peter lyncher the old peter lyncher story if you if this is a product you're buying you really like it and all that well if you bought it at 120 round number if you were the top tech you wouldn't be happy right now this is the eye for towels straight up straight down so all i can say is this is the starting point you see this rectangle here it's made a lowercase h with a lower low but it closed above it within one bar now it's making a second one so i love to do this i love the rectangle and i say you've got yourself a lowercase h what does that mean let me just throw this in here there we go a lowercase h straight up straight down number one cup formation number two art formation number three a mix of one and three this is one and three lowercase h and how it tests the left side low is important what it just fraction you took it out at 22.22 then it ran up in the rectangle formation bounce to the resistance level and pull back again to the lower end so this lowercase h can become a lowercase m if at any point within both the rectangle and the arch going to an m formation starts to decisively take out the arch high on the left side that's this particular level right here of 28.52 if there is a if there is a close above 30.20 in other words we've gone into the 30s 29 really breaks out but i'm going to give it a little bit of room because it's taken so much time and even with the good news yesterday it hasn't yet broken above it finally tue we can have a really decent rally there's the 30.99 period exponential moving average in the weekly chart 34.41 i think that's going to be the huge test in june if tue at any point can close above 35.50 in june as i'm going to say who finally we've got something going here so this is the eiffel tower from 20 the low all-time low was 20.62 to 120 in february february of 2021 and the eiffel tower says straight up straight down uppercase a if above the left side low it starts to form a base it doesn't happen just below and that's going to be really important so you have to go back to the destiny that's the monthly chart the weekly chart the start to see better technicals but the crisis is disappointing that's a day that's going to be very important tue trading at 27.49 needs to get to the 30.25 better discussion are you in the market for buying or selling real estate in the bay area including the surrounding st petersburg tampa and clearwater markets tiger real estate llc is a firm that has extensive experience in the tampa bay area whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property tiger realty has the experience across all areas of real estate in the tampa bay area to help buyers and sellers make the most informed decisions across all price levels from the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating tiger real estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future call tiger real estate llc today at 727-329-8322 or email us at tiger at tfnn.com that's 727-329-8322 call us today the technology around us is changing every day with so much happening it can seem impossible to keep up with all the information paper white's investment newsletter the technology insider is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future david white has made his living staying on the cutting edge of technology his weekly newsletter will give you specific recommendations for value tech stocks as well as entry prices target prices and stops to set for each trade david delivers his weekly newsletters every friday with updates throughout the week you can get the technology insider at tfnn.com for only $37.50 sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer try it risk-free today with our 30-day money back guarantee tfnn educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade labu or labd directions daily s and p biotech three times bull and bear etfs visit direction investments dot com slash biotech 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 8664767523 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 i first like to go with the bill this let me just do this yeah build a bldr is a symbol is one that i focused on for subscribers at some point where we've never really owned it when we're looking at it it had made a p in the weekly chart only a b in the in the monthly chart so that's still very positive this is not the way i could count that one and the art formation this is that dreaded age pattern that we were talking about a moment ago 7860 back in wash pulls back to test the re retest the lows in the high 50s and now it's trading at 60 65 and this is the one keep your eye on this because i think this is going to tell you a lot of it give you a lot of information so if it starts to trade uh let's see in june at any point just give me y'all i might not see it if it actually closes above 7250 let's look at it because that could say okay now the builders are going to start to move just i think that's the way it might work let's watch it closely and let me go backwards here so i could want you to know about cci i'm sorry i the den i've got i'm gonna have to go backwards i can't go forwards now because i've already lost the thread so this is cci crown castle we once had a really big profit in this haven't been in for ages it's a reet towers a b and a huge pullback today look at that it went from a low of the 169 area to the 190 193 just four days ago and today dropped down to 176 coming back with the chaplain wave roman candle here oh this is just telling us and i've been a little bit nervous about the i y r that's the the reet sector itself is i see such a mixed series of chart patterns it just i i think it needs the reets need a little bit more time amt that's the yep i've still got an american tower yes a big consolidation was one of my favorites it's just consolidated big big um consolidation right now amt at 251 down 58 cents okay now so that's cci i i'm just going to say i don't not like it i just don't think this is the oh this one's good ech oh i see this is the m this is oh this is the chili i thought you were looking i thought this was part of the reets this is the chili i forgot to type in what it is it is the chili etf right the country of chili huge leg eight also looks like the dow usually a to the upside pulls back yesterday and today's a green candle and i i remember last time we looked at it and i said i liked it it's tough to get into something so so strong but i am going to say i don't know if you're in it at all kota but if you are um hold on you would probably say to me where could i add well the uh weekly chart i just made need to be absolutely sure here i think it's a leg c 2980 2980 281 yes a b this is a big c in the weekly uh the monthly needs a lot of work but it's making a higher right side high in the h pattern i like it i'm going to say if you aren't in it in your particular case if you'd like to look at the big picture start a position of 30.48 in your case i know i can say it i'm going to say just for the moment take a 10 percent risk so you start your position with a $3 stop just for the moment but if you start your position here at 30.48 if it takes out 30.97 the higher of the 31st of may by one penny add another trading position and try to keep this as a core position but that would take you to a leg b if peak b stalls at 31.20 just barely above a and then pulls back i would say take profits immediately on your trading position and keep trying to keep the core but there's a chance that you could get a bigger consolidation from a peak b unless peak b is really up in the 31.50s or higher if it's just a small b and then it pulls back and becomes a peak b it could very quickly test 29.53 the lower of yesterday and go a little bit lower and then start a brand new up sequence so that's the way i'd be looking at it next question is i'm going backwards i did that i did that i did that oh question about uh someone said hpq hpq while i have i had that all notated at one point but i don't think i've got it anymore now make it sure oh yes i do uh leg d goes to a peak d here the packet hpink this is acting so well i wonder what they're doing well of course they got the printers and people still need to print but um they've got many other electronics so this is acting so well um this is a brand new leg aim to the upside but until it breaks decisively above right here we've got so many this like the dow we have so many stocks that have spiraled up in a single leg a and um now what do they do so this is a peak f back in april at about 41 50 ish or so drops down under the 200-period moving average yes i have to consider in the daily chart this is a brand new a but it's under the previous high so that could fail but it is a new a gray a i caught no i have to say well i have to call it because it's the first peak i'm just gonna call it a gray a but the magnus strong the nine is over the 14 the magnus histogram is very strong and the stochastic said 83 percent this is good action now is this going to be a head and shoulders pattern who i don't think so well at this point i don't think so i like it i'm not sure what the question was but it came up i like it very much if you're in it to buy it right here when it's so close to the resistance even though this is an a that's tough but a stock that is just a few dollars off its in this particular case because it was refreshed right you don't pack it they do something oh no this goes back years and years and years uh well it's a multi-year high multi-multi it could be an all-time high that was made just three months ago that's a very good sign so i'm just going to say if you aren't in it this is tough but if you if you raise the question because it gapped up and it's held the gap so well i'm going to say start a position at 3951 if you don't mind i am going to say to you you're going to have to have about a two dollar stop but if at any point you start your position at 3951 if it goes one penny above the same story one penny above 40.11 the high of the second five yesterday add another that's your trading position this will become your core position and this is watching from there oh i never look i'm going to write it down here to pack it it's nice to know that some something in the in the tech sector is doing so well next question came in from khc this is craft Heinz i believe craft Heinz trading down now this is what i was talking about recently i said it made a peak f in the weekly chart so it fits into the whole defensive area and because the defensive area which is really the xlp i'm pretty sure it must be part of the xlp in the cup beautiful cup formation and i didn't do this at the time i did draw in the left side right side price time match it got there a little quicker this is your plumb line right there just fantastic look here's your plumb line we're right here there right there and there's your chapter inside wedge target resistance line and it came to exactly 44 95 was how many double tops have we seen 44 95 and the week of 28th of may 2021 and here in the month of may may the week of the 13th it goes to 44 87 i mean this is like a textbook case of double tops within pennies and then it plunges down so it's getting close to some kind of support but i'd be real careful because this is in the xlp the defensive area that's the reason why i want to go long for subscribers to my opening call i'll talk about it tomorrow sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at tfnn you'll 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you subscribe you'll get a weekly report from veteran day trader larry pesavento 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 seven newsletter today tfnn.com educating investors this segment is brought to you by think or swim for more information just click the think or swim banner on the front page of tfnn.com Hi folks so the question came in uh uh uh uh rector man monkson now he says hi balzer can you look at tidal technology tyls i'm looking to sell a portion of my shares and what leg is it currently in would like to hear your analysis so i'm going to do this uh right this moment this is leg a peak a peak b and it's just squeaked i believe no it's still an a uh 364.26364.8 Yes there it is so this is what i'm going to recommend um on on the session i i really wanted to spend more time on it and i'm going to do a little bit of work and i'll do that tomorrow but your question right now is uh you wanted to take some portion off it's having a nice session today up seven that it's under yesterday's high what i would do is just get going into tomorrow important jobs dated tomorrow yes what i'm going to suggest is you ask my opinion if you want to take off i would take off part of the position of 350 317 if overnight any stop you put in can be hit then put in the stop but if you can't do any that you have to wait till tomorrow that's a different thing all together i've got a left side right side price time match and it says that if a saw is defined it goes under 320 that's that's really important it's a 353 right now so take a little bit off but i would i would take i i would put a stop in take a little bit off a 353 i would like to see you try to get to a higher high um and i would put 349 four points that's one percent or so i put another stop if you can if that can be hit overnight or tomorrow that's one thing but i would take off something now and split the other one i'd put in four points lower but i think this is just starting to climb the technicals are starting to improve a little bit so that's what i'm saying so let me do this i'm sorry i'm going to go through the notes and i'll go through all this i apologize and a lot of things i should apologize i'm sorry i'll write it down like it tomorrow we come back to the rationale down to 156 don't fall this is the action that i want to skip up this operation session then we need to come back to what happens tomorrow have you gone to press the next great program check out my home before they