 The following is a presentation of TFNN, the Tiger Technician Hour with your host, Hazel Chapman. Call now. Call free at 1-877-927-6648. Good morning everyone, Hazel Chapman, sure this is the Tiger Technician's Hour on Friday, May the 26th, almost wrapping up the month of May, we're going to be looking at the monthly charts in a moment because I had four, five requests to look at certain aspects of monthly chart technically, etc., in the different indices. But first I just wanted to say it's important in the Chathamway methodology to be as patient as you can. I say that almost as if I'm talking to myself because sometimes I can get impatient. I like to do things quite quickly once I decide to do it. That's why I like to play tennis, something really quick, you've got a quick response and then you should see the result instantly. But at the same time, there's a pattern that I look at. In the Chathamway methodology, I'm always looking for, let me just get it right, we always have new listeners, TFNN is just all around the world, I get emails from people all over the show. In the Chathamway, we try to identify the lowest low bar. From that low bar, we count each successively higher peak and there's just starting point. If that initial ictus at the bottom is taken out by one penny or .001, whatever, if it's taken out, you have to restart the whole count. Then the buy signal you thought you had or buy amount is done if you haven't got to a D. D is the objective for higher peaks, alphabetically ABCDFG and D other things can happen. So look, here we go, it doesn't matter what it is, it happens to be the one minute E-mini chart, you have a real nice signal at 840 and pull back, 9 crosses positive over the 14, goes peak A, peak B, peak C pulls back to D, made a beautiful cup formation, left side, right side, price, time-match, everything that you look for, make these good, but the stochastic keeps bouncing around, so it's just be a little careful. Makes a cup and then goes to an E. Then it pulls back much sharper with all the technicals, 9-period goes pink, and then all of a sudden you get this at the bottom, you have this on balance rolling, just turns up, the stochastic makes a W formation, under 20%, moves up, the magnate turns up, this is technical Friday, so I wanted to go through some of this. Then it starts a brand new move and it goes green again, goes peak A, now the magnate is really performing, look at that, the 9-period differential is positive over the slower 26-period moving average, you've got an M-shaped pattern, very strong in the stochastic on balance one, everything's in sync and it goes to peak A, B, C, and then what happens is it starts to stall, I'm keeping this up here because I want to show you something. So you need patience because the patient says if the 9 is still over the 14, and the reason why I'm doing this is I'm talking about multi-charts, then if you're a patient you can see a little bit of a pullback that eventually if it's like a rectangle that suddenly turns into a bowl or a cup formation, can retest that high. So you've got a peak C, but just less than a point below you've got peak C1 because it looks like the technicals gave you a little hiccup right there, you say that could have been a peak but it was a higher peak but it wasn't, so you keep it in place and look what happens. So I'm going to now move this away and it goes again to a peak C1, C2, C3, and the technicals are all weakening, weakening, weakening, it looks horrible, but it's holding above the 14 and 9 period exponential moving average, it's still green, and then what does it do? It makes that elusive peak D right there, pulls back, pulls back quite sharply, but doesn't take out that low, and that says it's still 9 over the 14, it's still green. So I'm always a little conservative, technically that is a gray A, right there, that's a peak right there. This is a gray B right here, remember you don't have to know what you're looking at, it's just the patterns, and this becomes an E slash C. Should be a C, but when you've got this cup formation and the MACD is still quite weak and the stochastic's only now gone over 80%, I'm always a little bit cautious, so I say nothing to do, just be a little bit careful because this could pull back much sharper than you think, but so far everything's positive. So this is exactly where we are, why did I want to show this? He has a 10-minute chart, this could be a brand new leg beat to the upside. Now one of the things I did, and I can't tell you how long I spent, I should know that if I'm spending time on something, it's really important, and then I should go with my instinct, which is based on technicals, not just emotion, and I was looking and I said I really want to, I love what I'm looking at here, but it is a Friday before a long weekend. I wanted to go along our favorite instrument for trading, the UDOW or the SDOW, we didn't go short on the pullback and the Dow, but I want you to go along the UDOW, which is three times along, we're still along the UDOW and the Dow from the low of October, but this is, we've had trading position, lovely trading positions for some time, but you know, I just overthought it, I thought wait a minute, this is a Friday, it was trading and the UDOW was trading, the low today is 52.40, it was trading kind of in that area, maybe just a little bit lower, maybe at about, oh fair, not just so much, I can't remember what the price was, and I thought if I get this in leg C to the downside, look, there's your gray A above that is another A, and another, just below that is a B, but it's still above that A over there, and now it becomes a C. So I'm always, you take the top, that's your, that's your count to the downside, your objective in the General Wave is always to count all the peaks and all the troughs, and that's where you get your guidance for the technical side. And I thought, wait a minute, this is Friday, we've got a long weekend, we've got all the stuff going on with the budget, what if we get in, and it doesn't go all that much to the upside, it does rally, but not all that much, but then by two o'clock this afternoon in fear of the weekend, this ought to pull back a bit of a waste of time. And then the more I thought about, wait a minute, there is so much in the way of bad news here, that is political news, but we've had such nice reports in some, not all just a handful, but enough very important stocks, maybe we're really all going to see a rally into Wednesday the end of the month, and then we got to watch out for June, the first week or two of June. Anyway, I didn't go into that, it was very silly, because now this is up just, it's up 1.26, up 2.4%. I mean, these are percentages that add up as you just, we could have taken, I would have said, go in, if it hits this level, raise the stop, if it hits that level, take a little bit off and keep the core position, but raise the stop. It would have been there, but I thought, well, what if we do that, and then on Sunday night overseas, because they don't have a holiday, things are weak, and then Monday is a very weak session, and then we come back Monday night is the usual Sunday night future session, and everything's like, and people are just kind of stuck, especially if they aren't able to get out of positions over, when, over night trading, and I overthought it. Nonsense, you've got the, right here, not only that, I see in the, in the Chapman Way methodology, we've got a Chapman Way Roman candle right here, in the, in the Dow chart, not the diamonds so much, but in the Dow, and it says, if you go halfway into the wick, watch out, you can hit the bottom, but if you break above, and close above, for two out of three sessions, that's a really positive action from this particular candle. I wanted to go through that just to say, it's a lead-in to the S&P monthly chart, which we are about to talk about, and we've got a break right now, thousand two seven, right, thousand two sixty three, and the SM is up thirty one, we'll get some pretty nice trades over the last week, I should be complaining, and look, there's, we went back into the HM way from sidetrack, propeller zone, couldn't make that pattern we were looking at, I'll be back. 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In terms of methodology, I like to use certain techniques that I've had for years. There's a measurement from this doji cattle. The other thing I want you to talk about is you tell me, you see this blue line, this dash blue line? I've been showing it now for, I believe it must be four weeks and I said it's a really important 41-48 is going to be really important. I'm just putting it in because at some point we'll be over it, under it, over it, under it. Would I expect that up until 350 this morning, 10 to 4 Eastern time, on the 26th of May, it would hit exactly by 41-48.25. Have it been all over the show? How important is that? And it's going to be important next week. Right now, it is totally unimportant. So what I like to do is I like to draw in a measured move from this, from the low to a possible peak D. And then I choose a particular candle because if it's still holding well, there could be a move to the right. So we had this perfect double right there. Right? I drew it in. And then I wanted to show, usually I'd make a cup formation, but some people don't have the arch in their technical tools. So they have straight lines. So I thought I'd show it this way. Look, right to this particular candle that I really love to use as a kind of an indecisive move. It kind of gives you incredible clues. That's the reason why I like candlesticks. It's one of the reasons. And it also spreads out the price. If I just had the bars, it wouldn't be there. So it takes you from that side, which is the low at 350 this morning. The price was $41.53 in the E-mini, $41.53.25. It takes you to do this candle right here at 7.10 this morning. And the high was $41.66.25. And I just, I was doing this way before it was in the break. So it was before that. And I drew in the right side and it said by 10.30 this morning, there should be a test of this high that was made right here. And that was the one I made up. And that was at $41.94. So right now we're trading. We just went right through it. I drew in a vertical line to say that's where we go. And there it is. So these are technical tools you can use to make these good statistics fabulous at 98.76% on balance volume says a little bit overboard on the very short term. I always get upset when everything's there and then I overthink it, talking about overthinking it. So the reason why I wanted to show you this is because I wanted to go to right here. So you remember I said overlapping a wave E slash C. That means that technically, I just want to make sure I don't miss this. This is a high. I think it's $0.25 higher. $93.50, $93.50, and $93.75, $90.94. Okay, good. So this is D and that's E. And that's the reason why I have the alternate count because the 9 is over the 14. All I have to do is put the letters in. There's nothing here. I don't know. This is one of those where there's no thinking because it just follows the pattern. And the pattern says bullish, hold tight. So that means there wasn't an instant restart. I always like to go back to correct or update so that the chart is correct in the methodology that I use. So that plus becomes a down arrow. And this up one becomes an up arrow. Yes, it's historic because it's already done, but I like to show the technique to myself and to anyone watching. And look, the 9 is still there. Now we're getting a little bit on unbalanced volumes, a little toppy, sarcastic fabulous, a 92%, 93%. Now we'll see what happens next. Now, the reason why I want to spend a little time on this is to go to, and I should run all the different indices right now. But we're on the S&P right now. It's up 36. And I'd say to subscribers, and that's the reason, frustrating. The other reason why I want you to go along the UDOW is that it had to play catch up. And look right now, the percentage wise, it's up, if I can lean over 0.85%. There's a visa also 0.89%. And it's at 0.86, 0.89. And the Q is up 1.43. And I said to myself, there's a chance that the Dow might even outperform because it's playing catch up. But this gives you a really good chance by the end of the month, we've gone to a peak C maybe even because no way I can I count this after a G. There's no other count that I can have here. But that's A, that's B. And this is the daily chart. And that's C at 42, 12, 91. But the Chapman methodology says, have patience. You're almost always go to a D when you've got a bimode in place and everything sitting there. So we could fail by going to a peak C1 and just trading at like 4209, 42110 and then turning down sharply. But I need to know we've got there because we did get there in the futures. But really the futures, it's a derivative. I like to go to the root and the root is the cash S&P. And now you can see the derivative there has an alternate F slash C. I could have said it's an F, not a C. But in the meantime, the nine period moving average has not turned negative. And that's another reason why I thought there's room to go to the upside, even though everything you read says, oh, crash coming. I mean, I'm getting emails from people saying, bank stock, get out of everything, get into cash. And I'm saying to myself, what, what, what are they thinking? I mean, this is just a normal market. Look at the chart. Does that not look at that monthly chart? Does that not look like a normal chart? There's nothing spectacularly wrong. There's no big divergence. Nine period moving average is green. This is the S&P monthly. The MACD is flattening out. Look at the histogram, how it's been improving over the weeks, but it's not good enough. It hasn't gone positive. This is a monthly. Look at the stochastic. It hasn't gone to 80%. It's at 63%. Not a good sign so far. But you've gone flat with everything that's going on. We've managed to go sideways with almost a cup formation forming here. So until we take out the 3100, oh, that was the doubt chart. That's a doubt chart. Let me just go to the S&P because that was one of the big questions was the S&P. So let me go. Yeah. Oh, so there it is. Was not on that just a moment ago? There it is going up towards the 4212 level as a 4193, improving even as we speak. Look at this monthly chart. It flipped. The month is still got a couple of days to go. But so far, it's turned green. The 9p moving average is green. It hasn't been there for a long time since it broke down back in early 2022. So the MACD, look at the histogram, improving but not great but nice, flattening out and then it starts to move up. Look at the on balance volumes a little overboard. These stochastics rallying. It's only at 60%, but it's rallying. So it's stronger than the Dow technically at this particular point. It's gone to a leg C in the monthly chart. But remember, my thesis is that that peak B there will be negated if underneath it there's a peak C and then a peak D below that. That peak D under it gets priority. That's really important. Okay. So technically, I was asked what I talked about it technically. Number one, number two is I was asked about the S&P. I wrote the question down here. Steve wants to know about, oh, now I don't have an infronomy. Oh, I'm sorry, Steve. But I think I'm covering everything that you asked, maybe even more. But what I am looking at is I'm going to expand this for a moment. I'll move this over to the week. Yeah. All right. Now this monthly chart, I'm going to open up as we go to the break. And I want to show you something. You see the chapter inside check repellent zone. This is the second month and the month so far. This is the second month that it's been above the green line. This is really good action. So it's not great because I'd love legs to be much higher, but it's good action. I'll be back. Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. 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It might go to the 50s one step at a time. I know, but can you project your thoughts three steps ahead? Yeah, I can. In this particular one, it's a lot easier. DOCN trading adds $35.83 up $1.53 right now. Digital ocean holdings ink, cloud computing and infrastructure. Now, I can't remember. Did you give this to me? Was it one that showed up on a list that I had? It doesn't matter. It's had a very quick peak C, D and E and stopped right at the 200-period moving average. The first step, so I'll go step by step, the daily chart says that the 200-period moving average, which has been above before, but then it pulled back and it just, it's tremendous resistance. To get to the second step, it would have to get to the 3750 to the 3838 area. And the reason why I say that is that it's forming a very nice channel to the upside. This channel also has the potential to be a falling axe, an inverted falling axe formation. I'll show you right here, like that, right there, which says it could arch over and if it takes 32, it's a 3582 right now. If it closes under 32, any day in the next, I'd put it in the next seven, the next nine trading days, it says it's stalling and the second step is going to take a whole bunch of new buying to come in as it forms a base that should not break and close below 31. If in fact, by Friday a week, that's not this Friday, but the coming Friday, we are able to see this thing go to the 30, even 36, 3680 area to try to tackle this left side high right here, which is on the 12th of April at 3780 and 96. Now it needs to do that. That's the first step that it needs to do. Before I can even talk about the second step, it needs to get and break and close above that high. Once it does, then the left side high of the 31st of March, which opens at 37 round number high, that's your big clue. When it starts to break about 37 at some point in the next six weeks, that's going to be your signal to say, ah, now we're looking at the 40 area. But until then, you've got to hold off. So 39, 66 was the high, but that allows you, if you get to this trend line right here, it allows you to say, now I'm hugging a new line. I don't want to take the time to do a left side, right side, price, time match. I'll do it next week. Remind me again. But now you see the deepness of this peak, deep pullback, but the nine period never went negative. So far, that's a big positive. But the monthly chart says it had an IPO back in the 35 area in 2021, screams up to 130, 100 points. And then not only gives it back, it goes below that. It goes into the 20s. And I had this as a left side, right side, price, time match here. And it did the arch and didn't draw it in. I'll draw it in right now. So this is DOC. I like the fact that you're looking at this in three separate stages, because the three separate is this perfect for three separate stages. And you can see why. Look how hard it's working to have a deal. Look at the big legs that had up here. Look how hard it's working. So on the one hand, that's a negative because it's not showing tremendous buying power. On the other hand, it's a positive because it says, but wait a minute, every look at the big pullbacks that had here here, it's steady. And that's good. So that's the second step. Second step is to steadily move higher. So that on a weekly basis, you can at least close in the, in this candle right here. That's the one we were looking at. So that's the week of the 14,000 high of $37.96. Once it does that, the third step is that it starts to move and that move takes it above D. And all of this is predicated on in the next four weeks. It just does not close under $28.90. That's the low of the week of the 24th. So I love this. It's got a cup formation. It's now got to handle formations on a pure cup. It's just the way I'm identifying it. And it says that the monthly chart in the histogram started to improve the stochastics improving. Yes, I think digital ocean holdings. I remember looking at the time and saying, well, what is this ocean business? Forget, don't confuse people with your title. That's where you got hit so hard. No, I don't know where to get hit so high. But anyway, cloud computing and infrastructure services. So I like this chart. I like what is happening. But those are the, those are the preamble is that until it starts to trade, looking out for the fourth step, I'm the same third step is to get to the high of the 31st, the week of the 31st of March of this year. Wow. Of 3966 in a cup formation. But this time the cup formation has to see if it goes sideways for two weeks, that's kind of ruining the upside momentum. It has to continue the momentum. The fourth will be when it starts to trade in August or September, if everything works out and is trading in the 41 to 42 area, now you can start looking at and say, great, now the 50s. But until then, a lot of steps need to be overcome. All right, next question I had was, if I can get to this right here. Yes, remember I did this, it was live on the show. I spent a lot of time on it. And I spoke about Alta. Alta is the most perfect stock in the repertoire for showing peaks that it ignores and just takes a borrow to a weekly chart, monthly chart, and then it moves to another new high. And I said, when this finally takes tanks, Alta beauty, it says something's going on because in the economy, people, this is the last thing you give up on beauty products. Come on. I mean, you make sure that you got your beauty products, right? Well, I had said, if I can find the chart. Yeah, you remember this double top? And I said, the left side, right side price time match says that, yes, there's no real price time match, but there is much weaker action on the right side. If there is a pullback, and I think it was because there was this ball that was pulling back that day. Oh, I didn't realize, look, I put in 560.60 on the first of May and in gray, that's why I didn't see it. Let me make this nice and bold. I shouldn't do that because we didn't have any position at all. I spoke about it and I said, this looks like it's topping out based on the action. And look at the monthly chart. I said, much weaker in the bank team, much weaker in the stochastic, only the unbalanced one is moving up. And that's like a delayed action. When it was at 560 on the first of May, we're not even at the first of June and it's traded today down to the 420 level. 425. Wow. So that hit the 200-period moving average, try to hold for four days. Boom. Now, that's something that says to me, look at this in the context of what you were saying, that if it was going to be a recession or just a real major economic hardship for people, but you're not seeing that in the charts. And that's what I've been saying. Don't be confused by the rotation in the different sectors, because as one sector just comes alive and then gets very overboard, other sectors are starting to improve and then they take over with the hot sector becomes untouched. So is that what yeah, that was a 354, I'll be right back, that was a check. 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. 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Get Tom O'Brien's newsletter, Market Insights today and try all of our products and newsletters 30 days risk-free with our money back guarantee at TFNN.com. 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&P Biotech three times bull and bear ETFs. Visit DirectionInvestments.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 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 Vistagold, traded on the NYSE American and TSX under the symbol VGZ. One-minute chart is still green all the way through from the low of 9.30. It has not gone once. Pink. Isn't that a nice technique? Of course, I didn't do anything right now because I really had a busy morning. I just wasn't able to do anything, but it would have been nice to have grabbed first even a one contract and just moved higher. It would have been great. Now, look at this. Remember the left-side, right-side price time match that I had done and a measured move. We've broken way above that, but this is just a guide to tell you what can happen. Look, the 10-minute chart from 6 a.m. this morning has been green and still green in the 10-minute e-mini. All right, let's get back to the story here. What did we do? We got that. Yeah, so Ultra Beauty had this big move down, but this is almost the exact opposite. Look at this. This is a Vagio. Sorry, this is Broadcom. Broadcom Inc. Semiconductors. I hate it when they changed their similar AVGO. They took over a Vagio. Anyway, look at this. All-time high at 767. You say to yourself, all right, this is going to be a big crash in the market. A stock like this, which just three days ago, was trading at 680 and is now at 766. What if it is? All it does is it goes all the way back to the 600s, the 20 to 600 area. That's the reason why I looked at the charts. I said, is there a chance that we could be getting an actual buy signal this morning? It's points that we get, and then later on, you get your pullback or whatever it is. That was the thinking. Well, at this particular point, so the question in the den about AVGO, all-time highball bear Jeff, yep, absolutely correct. I hope you're in it and it's doing fabulously. So a question came up yesterday. You spoke about what was the ETF that you were talking about yesterday, that you liked for the cybersecurity and for the AI. So hack is for the cybersecurity. I think it's still early in the game. I think there's moving up. There's this beautiful left side, right side price-time match that I drawn out just the other day. It's done that in just 43 to 48 in just a matter of two weeks or two, three weeks. But this is the thing I'm looking at. This is the rectangle that I drew in a long time ago. I haven't updated it. You can see it's been in the range. So talking about the range, I go to the TLT in a moment. But yeah, prime security is still early in the move up. And that's the reason why I was thinking, is there a chance now that we're looking at a rotation that says finally, cyber, this is the time for cyber to kick in again. Don't tell me, I lost all the notation on cyber. Why? Oh, man, I got to do that again. All right. What was that, 14 net yesterday? 14 net NT. I don't know if I got it. Yeah, 14 net cybersecurity. Nice move up today. And I said also in that game, and you've got PANW, Palo Alto, all-time high as we speak. Yep, 230 was the previous high in early 2022. Today's high is 216.51. New all-time high. So that's the reason why I'm saying for those people who are looking at this being, whatever techniques you use, it doesn't matter as being, oh, there we go. I just wanted to raise it up. The prelude to a massive move down, you could be 100% correct, but it's just not showing up in the charts. You can't make a new all-time high in a Palo Alto and some going through the different sectors without showing some strength in the economy based on an area that's been really weak. So I like that. The other one was, what was the question? Oh, the other one was what we have, which is BOTZ. There's another one as well, Bug, I think. Oh, Bug is the one that goes with the hack. So this is the bots, the Global Robotics and AI ETF. This is what we've had for some time since the beginning of April, and here it is at 27.29, making new recovery high. I had the left side, right side, price time at, yeah. So the question was, is it too early to get into these things? And my answer is, I don't think it's too early at all. I think this is just the start, but at the same time, on a very short-term basis, it's really tough. I would much prefer if you enter into options, just go out a few months, go to August option, it's trading at 27, get it in the money, or you could just get it out the money and say, that's money I'm prepared to lose, but I want to be in this if it ever picks up again after a dip. And you can get to 28s, if there's, yeah, must be 28 calls. But the way I would look at it is now you have to have a little bit of patience if you want to do it with real money management. The only other thing I'd say is you could put your foot in the door at 27.30 right now to be prepared. There's no reason why the 200-period moving average of 23 can't be hit in June if everything turns down because of, you know, whatever it is, the political or economically. So that's what I'm saying. So yes, you can't have missed the boat for this move. It needs to come back. But you could do a stair step move as well. But my thinking is that the rectangle that I drew between 25 and 23, that's going to be a really good cushion on any major turn down. And I'm going to be doing a webinar. I'm going to be doing, it's a live, I'm a guest of the Boston Investors Group, you know, I've spoken to the group for just every year, just about for the last 15 or maybe more years in various forms and investors. Business dating was something else before that. It was also started by, oh, I said with a D, Dukas, I can't remember his name. Well, fabulous technician. So yeah, so I'll be doing that. It's live and it'll be a YouTube, no, sorry, you won't be YouTube. It'll be, have I got this here in front of me? Probably. Let me just find it. You should just be able to get it very easily by going, Boston, BIG is the symbol, right here. There it is. Okay. BIG virtual meeting May, Wednesday, May the 31st, 2023, 7 p.m. EDT, season time, preparing for the next few months, Basel Chapman. So I do kind of what I do here, but I'm looking at certain sectors because I want to see how the month is about to conclude, we should have concluded at seven o'clock on Wednesday. And then I want to be able to talk about questions that people, actually people could send me questions right now. Send it to baselchapman at tfnn.com for questions for the BIG virtual meeting. It should be fun. It's always fun and always get good questions that are asked that get me thinking about stuff that I don't think in that way at all. And I'm put on the spot. It's always fun to do that. So, and there is, you can find the link. It's just easy to do. It's like BIG virtual meeting. Boston Investors Group virtual meeting. All right. Okay. I'll be back in a moment for the final segment. Before the long weekend, actually, this is what I'm really looking forward to, just resting at home should be fun. I'll be back. That was a 349, SEB is a 47. It's been hosted by a variety of professional traders during market hours, and now they are expanding their reach with the Tigers Den, available to all Tigers and Tigresses for just $1 for the year. There's no cash or added costs when you join our community of traders. In the Tigers Den, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members, exchanging ideas, interact with other Tigers and Tigresses as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tigers Den at Discord is accessible on mobile or tablets as well. So, it's always at your reach to sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. 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 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. 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. Oh, I should never have put that. I think I even discussed it, that I should put it down arrow when the 9 is so strongly above the 14. I've got to put a plus, my usual plus sign. That's what I should have done. And now it's pulling, it's running sharply. PXC1C2, I think it could even go to a D next week, but it's acting really well. That's what I mean. You've got to be very specific here. My question came in about UNG. I said, don't touch UNG. It's just beginning to get down again. That said, let me just wrap it up. TLT, 99 is going to be absolutely key support to hold, 99 to 98 in the TLT. The dollar sort of struggling here, got to the 200-period moving average, moved above it. Now the MACD and Stochastic are holding very well, so I still see strength there, but I'm still looking at the weekly rectangle formation, stuck in the training range. What did I forget? Crude oil. I said, no, no, no, I don't like crude oil. There it is. Look, it's stuck. That lowercase h that goes to the lowercase m. I respect that pattern. It can be formidable as you think it's going to break out and then it doesn't. So let me just do this quickly as we're going to wrap up. It might be setting at the end of the day because the Dow has already gone to the 200-period moving average. Who would have thought yesterday that it was so sharply down and by today? A day before the long weekend, it's up 348, but that's what oversold does with the Chamber of Roman Canal right there. So if by the end of the day, the Dow holds to over a plus 270, that's good. If the S&P holds to over a, it's a 49. If it holds to over at this point at 4,200, if it holds over 4,183 is the number I'm looking at, that's going to be good. So we'll see what happens, but it looks to me like we're trying to run into the monthly chart to help those monthly charts have very good candles. We'll see what happens. Have a wonderful long weekend. Check out my opening call, check out my Wednesday, a week, this coming Wednesday, 7 p.m., the 31st of May. I'll be doing an online Boston Investors Group presentation. Have a wonderful weekend.