 of Traders. Sign up today and become a part of this educational community of Traders. Just visit the front page of TFNN dot com. The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll-free at 1-877-927-6648 or internationally at 727-873-7618. Now Larry Pezzavento. Looking good Billy Ray feeling good Lewis. I'm gonna start out the show a little differently. Today we got Stan Harley's going to be our guest at the break and hopefully Tim Boss who's gonna be back as a regular very very soon. He's gonna have a cameo appearance today going over some of the things that Norm Winsky talked about with this solar eclipse and new moon that we're having. It's just so very very important but I have to tell you a funny story. Ken Duncan who ran Ken Dunn Records. He had I think 60 golden platinum albums. The guy he did everybody as far as he was the engineer on these things but he was a foreign currency trader when I was there in San Luis Obispo and Avala Beach. He was also a good friend of Jack LaLaine and Ken and I got to be very very close and we got to go on a couple flights with the Beach Boys and a couple other people that were relatively famous but we were sitting there one day in the office and they're at the trading office there at Pismo Beach and he was on he was on the phone. This was before cell phones. This was 1991. Well they had cell phones in 87 but they were the size of a baby truck. Anyway he was on the phone and he was chatting with somebody. He was laughing and joking. I said man I have a lot of fun. I said who's that? He said he said Stevie Wonder and I knew he talked to all these people so I knew it was right and I said ask him if you ever saw Stevie Wonder's house and the joke is because he's blind he said have you ever seen Stevie Wonder's house and he says well Stevie Wonder hasn't seen it easy either and he told this to Stevie Wonder and he said he wants to talk to you so I pick up the I get the phone and I said oh man I said I'm such a big fan of yours I'm so god darn embarrassed I said I could give you a few bars of isn't she lovely and he said look he said you just take care of my main man Mr. KD he said because he's the he's where the action is and he was really nice about it but Ken designed a whole sound room at his house down in the Hollywood Hills but he I never got to meet him and he you know his name was little Stevie Wonder little Stevie Wonder six foot three so he's a big dude but I never did get to meet him I talked him the phone that was the one time but the joke is that you ever see Stevie Wonder's house same thing with Ray Charles you know did you ever see real Charles house? Well Ray Charles never seen it either that's not saying anything woke against blind people folks that's just a poor taste of an Italian joke that's basically it I posted a chart here in the room today of the E-mini S&P 500 showing you the three drive to a top pattern this oh dear I've lost it again one second and I'll get it right back up because this is extremely important I want to go through a couple of things astrological that may or may not mean anything to you but they mean something to me because I've studied it there's your three drive to a top pattern you can see the ABCD structures that are in here and the timing between the highs happens to be just about absolutely perfect what I want to do is I want to come up to show you what that means when you put these together and take a quick look at it hold on one second and here where's where we are and okay here's where we are okay now you can see from high to high high high to high is 27 days low to high excuse me it's low to high low to high is 27 days today's the 27th day we also have a new moon and solar eclipse coming in Thursday Friday as an orb of two days on that it could go two days to do the meeting and to do any type of action but it doesn't work all the time now here's what I have done this is the type of works work that I did with Ruth Miller and Jim 20 men when I was doing the book astro cycles of traders viewpoint back in 86 and all of 86 and part of 87 okay now he what I've done here you see this first cycle that's right here now all I did you see these this dot right here the red dot means it's a star to the new moon that's a that's a conjunction that's zero degrees see there's another one right here okay you see the full moon where it's the little zeros those are full moons that means that it's a it's a conjunction is the conjunction is the start of the new moon opposition is the full moon now do they work all the time no they don't but if you look at them in conjunction to a trading cycles as far as retracement and stuff they're extremely good and this is what Andrew Lowe did when he did his book evolution of technical analysis I keep that book here on my desk because it's got so much great information in it so all I've done here is I've gone over a month or so show it once couple months to show you that yes it works part of the time but sometimes it doesn't work the thing that's really super important and this is what Norm Winsky talked about and I think Tim was probably going to do the same thing is that when you have this the eclipse type thing happening okay and then you have the you know the signs of the zodiac along with the the different aspects hitting like Mercury going retrograde and then we have that's comes in on Friday when all of these things are coming together that that's where these cycles come from not just because they're astral cycles folks don't be scared of that because they're just days the whole darn calendar is nothing more than asked is nothing more than a the number of days 365 days in a year okay that each one of them is split up into you know quarters and stuff like that that's all they really are and that's why you shouldn't get afraid of it and I'm not afraid of it I just don't understand it all that's why I have people coming on here that are darn good at this and they help explain that I'm really simple I just look at this little chart that I'm looking up right here today in that S&P and I knew that if I had everything lined up like this I have to be looking at us to being a seller up in here hold on give me a second right here but the difference is this and this could be extremely important in the future because I wanted to be a seller above 42 it got to 41.99 this high was 4208 now we took this out in the Dow Jones easily we didn't even come close in the in the Nasdaq or the Russell neither one of those came very very close but the timing between those 27 days those 27 days and the fact we were setting right at that level told me that look this may not be the best thing we got but it's the only thing I got because I can do this real simple on the back of an envelope or with five fingers in my hand I can count and I can see the ABCD and that's all I really need to to do to get anything on now I missed the high I was trying to do it at 4208 or higher we got to 41.98 I did I sold the 382 retracement back haven't even checked to see what it's been doing since that time but that was it was right where it is right now 41.7850 that that's the 382 retracement back on that movement and it's been setting here we've got as high as 479 but that's what that's what it's looking at right there so I hope that gives you some idea of some of the things that we're paying attention to here today so here just give me one second folks I gotta ring the cash register here to make a couple of bucks and we'll be all done here there we go hold on I'll be right back 8779276648 currencies commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe which is why it's a great time to try out Teddy Keg stats Tiger 4x report Teddy Keg stat breaks down the 4x markets every Monday using his 30 plus years of experience as a trading veteran of futures 4x stocks and options Teddy releases his weekly Tiger 4x report every Monday morning with coverage of all the major currency pairs including the dollar index the euro dollar pound dollar dollar Swiss dollar yen as well as many more and he also has weekly coverage of the crude oil market and the 30-year t-bonds as they both influence 4x markets tremendously when you sign up for the Tiger 4x report you also gain instant access to Teddy 60 minute webinar archive he just hosted 4x strategies and fundamentals what is behind the Tiger 4x report for all the details and start your 30 day Tiger 4x report subscription today visit the front page of TFNN.com TFNN educating investors Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019 finishing at number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his mastering probability newsletter Steve's award-winning newsletter mastering probability is delivered every trading day with updates throughout the afternoon sign up for Steve's market newsletter mastering probability and you'll receive access to seven of Steve's educational webinars absolutely free at TFNN all our newsletters come with a 30-day money back guarantee so you have absolutely nothing to worry about visit TFNN.com and try mastering probability 30 days risk-free today TFNN educating investors are you looking for a way to consistently add winning trades to your portfolio Tom O'Brien is here to help Tom O'Brien has been successfully trading markets for over 30 years a frequent contributor to TD Ameritrade Network and CNBC Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you Tom's daily market newsletter market insights is published every morning when the markets open to give you the competitive informational edge you need to succeed these newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio 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 Hey, that's 1-877-927-6648 internationally at 727-873-7618 okay folks I posted a chart of Bank of America that posted earnings today you know the banking crisis is totally over you know they basically said that I heard Janet Yellen mentioned that and also I think Chairman Powell might have said that too but if you notice here with Bank of America today the 382 retracement on that whole move came in at 3110 the high today on Bank of America at least it was an hour or so ago it's a dollar lower than that right now was 3117 so it missed it we were looking for 3110 it got to 3117 we'll have to rework those numbers to see what happened with why it didn't work so well now if it closes above 3100 this would certainly I would think be a breakout especially after backing off a point and a half since it made that earlier in the morning now it's another one that I want to show you and it's the reason why the Dow Jones has had such a strong rally and that is our good friends over here at Apple computer which is basically you know that they have their own credit card now folks it pays four and a half percent and not only that guess who the bank is it's taking care of all that none other than our good friends over at Goldman Sachs there was you can see here we hit the 382 yesterday and then the earnings today were mediocre whatever it was and the market gap down eight or nine dollars at that low right here it was a 20 325 I believe that was an exact 382 retracement of this low right here if this thing turns and goes up this is really bullish because the fact that it could stop here and rally all the way back to the 61 percent of the previous days high is not an easy feat because that's eight dollars and then a stock that's 300 and some bucks it's not much but when you're the Dow Jones and its cap price weighted it's a big deal and that's why the Dow Jones moves so quickly when it moves that often so those were two there were others that I hadn't looked at but those were the one they're all dudes pretty much exactly the same thing now the next chart I want to show you to me is the most important chart other than that e mini s and p chart and also the Dow Jones chart the NASDAQ and the Russell all those are very important but I want you to look at this next one because this is the big daddy rabbit folks this is the note this is the 10-year note this is interest rates on your car your mortgage your credit card all that stuff and as you can see here we have an ABCD coming in right here and we are within just a few pips of it folks my limit minder is on I put it a couple ticks above it because this is a huge market folks it's the biggest of all the futures markets that we trade in the US it's about six times bigger than the bonds in open interest and it really is the one that people watch and this is part that you know that two-year 10-year note spread so this is really important what's happening right here because there's an ABCD and not only that folks it's the first one we had in a very very long time there were no ABCDs all the way up there was a nice three drive to a top pattern and then the pullback but there was no clear ABCD until what we're looking at right here and to me that means very very much I've also got some new information we've been talking about these dynamite triangles and some of these things and I happen to be chatting with an old technician friend of mine named Jim 20 men and we were chatting about it and he said you remember the work we did with William Dunnegan's work and he was in the 1950s the same time that mr. Gartley was around he had two things that drawn the Dunnegan one-way formula and the Dunnegan thrust method I had both of those I still have them in there and they basically what they're doing is doing what Tom Hougar does you're buying thrust or you know selling weakness that type of thing the reason why Tom is so very very successful folks he is able to add the position when the market moves to his in his direction I mean without any hesitation you just wouldn't believe it when you would see him trade when the market a move like this and when he's on board and his rule is when you first start thinking of taking a profit because you've made so much add more and that's what he does he's only right about 28 percent of the time but the amount of money that he makes is 10 20 times more than just about anybody I mean he just does he does an incredible job now he runs in periods where you know he gets banged around a bit he's only right about 28 percent of the time but what he's doing is he's buying that thrust or selling that weakness see a market like this which just goes chopping around he's not going to do too much but a market like this that breaks down really fast that's it but these markets like this they're only in these runaway times about 15 percent of the time so that's why you've got to be able to do it also a comment on about his book the best loser wins that book is set some really big records folks he sold so many copies I just was shocked when he told me what he was doing it was just really just blew me away to see what he did with that so pay attention to those treasury notes and treasury bonds you know those are the ones that that are that are really super super important another one extremely important today and that is our good friend mr. Appel who's down by the well I want to get this up here and show you I'm charging the phone I have forgot to turn it off would you check and see what it never that's okay this my phone's fixed up here I'll have to get ready here's Apple as you can see it here on the way like this it's already popped above this now it's gone above 167 that would be a certainly a breakout of this move this could be the mean reason that maybe the stocks are going to explode higher from here now it's backed off a little bit trading back around that 165 again so this might just be a false breakout but you can't say that this is a breakout if it goes back below 162 then it would be a false breakout but until that time that is not that is not what's happening so remind ourselves that these things fail and this could be one of those failures remember this low right here was a 382 retracement and we said this is flat out bullish when you make a 382 retracement after this monster ABCD pattern to the downside this is what I'm going to be showing this particular pattern when I'm in Las Vegas for the money show next week I'm gonna have a lot of fun there we got some nice folks coming in a couple of surprise guests anyway it'll be it'll be fun anyway this is very important what's happening today so the two things that there are big watch list are what's happening with Apple today because it's the most widely held stock around I believe and also the fact that those Treasury notes are setting at the proverbial moment of truth and they are it's coming down very very slowly so that's the important thing let's just double check to see what it's doing right now and I'll be right with you hold on one second and we'll see how those notes are doing because when they're doing good that'll be it okay I've got to do the four-hour and how close are we whoa we are eight ticks away so put this on your 1 14 04 folks that's the magical number 1 14 04 I really think that when that gets there I think the old Cowboy is gonna have to nibble up and buy a couple of bonds or something because that's the way I'd really like to be seeing these things have a rally because bonds are just been massacred and I think we'll probably get some type of a relief rally here remember now when we started this show I said that number the 382 number in the S&P was at 41 78 75 we did hit 49 70 79 and a quarter now we haven't really done much since that time but remember this pattern that we're looking at because it may go higher I want to bring this up to you because of the low that we made today in the S&P would take a break 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 the XAU HUI GDX as well as more the 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 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 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become the investor you were born to be 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 guess I messed up again Stan are you there I am here yes Larry yeah I you know I swear to God I got you written down here for today because it was a day after Arch's birthday how about we'll do it do it in a few a few more days from that because I don't I don't want to put you on the spot what before you since I've got you here and I am going to put you on the spot are we close to any type of a tradeable high I do believe so okay we are 322 Lucas days from the January 4th high of last year and every major Lucas number spinning out from that date has resulted in a significant trend change and I can read these out to you over the air all that that would be great yes just please do that a little time I could prepare a chart for today but was was not prepared of course oh hey Stan how about in an hour would you be ready in an hour because I'm going to be doing another show right after this we could do it at 2 30 I will speak to it now and I have a chart ready in an hour let's go tell us what you have and you can show us in an hour that's great so please go on 322 is a Lucas number and if you add that number to the January 4th 2022 high it lands on today and every major Fibonacci ratio of that 322 number is resulted in a significant trend change and I'll just go through the list very rapidly point 618 of that 322 lined up with the October 13th 2022 bottom 0.764 lined up with the bottom we saw in December right around Christmas 0.854 of that ratio lined up with the February 2nd high let me go back in time a little bit 0.309 lined up with the June 2nd high of 2022 and so on I'll have a chart in about an hour prepared but I think we're looking really topy here right now as you know I've been calling for an April high and so I think we're there I think we're there could it could it go to the deer too sure these turning points have varied by four trading days since January of last year so I don't want to try to get too cute and say today is it but I think we're very close and then I think we're gonna be down into mid June for the next 34 week eight month cycle bottom that sound great let's see it 230 New York time how's that sounds good Larry I'll be ready thank you very much that Harley the Harley stock market letter okay folks I will give you my little verified version you can see here in the Tigard and I posted it you can see the ABCD patterns their first one here is your ABCD then you can see the next one that forms this makes a three drive to a top pattern the $64 question is is there one other one right here in other words here here and here that could take us as high as 42 30 to 42 60 that's certainly possible and if that Apple chart is correct and Apple is breaking out to the upside believe me these people are not stupid and they're not gonna stand in front of being short Apple above 167 would be my guess but again that's my guess now the other thing that's happening that's important is we have reached the most bearish extreme well let's put it the other way the most bullish extreme less bears than we've had in two years I saw that on Bloomberg this morning that the Vix index was down I think it hit 17 or something like that they were pointing it out that the last time we had seen a reading this low was right at the top of the market in February let's say that again Larry in March of last year and that's when we had a pretty significant break so those are readings these are not charts so we're watching you know what it's going to be doing at that time but this is a very symmetrical pattern you can see today's low right here on the low was exactly 61% retracement of the low that we made the day before there's a 61% retracement of the day before that there's a 78% retracement of the day before that these numbers repeat over and over again and that's why these algorithmic traders are out there using this to see the market move you can see with the Dow down it was up about 250 earlier in the morning then it was down 150 when it's down 150 where is it what is it doing it's setting exactly at a 382 retracement of the lows from three or four days ago and that's what kicked it in gear and you know which stock kicked it in gear and that's Goldman Sachs because it's a price weighted index and that is the one that is the most bullish of all I've got a really cool chart here from Jeff over in New Jersey and this is really a beautiful pattern folks I he's done a terrific job I don't agree with the black background but Jeff likes it and it works for Jeff so we're going to go along with that but you can see the perfection here there's your one there's your three and there's your five folks now you can you can massage this anywhere you want ABCD but that is a 135 pattern as defined by the Roy and his Bill Longstreet and that tells us where it is now this is also in Andrew Lowe's book the prophet magic and the evolution of the non-random walk down Wall Street I've gone through so many books trying to find things about the dynamite triangles that I finally found something in the technical analysis the futures markets by my friend John Murphy John had a section there about Dunnegan and soon as I saw Dunnegan's name it all clicked in because I had bought his systems from Ed Dobson many many years ago they were sold for like 500 bucks a piece and since Ed and I are still friends I remembered I know they're back there somewhere in the library but I have to dig them out but I remember that they there were two systems that they had one was the Dunnegan thrust method and the other one was a Dunnegan one-way method the one way the one way method is the one that we really got my interest and I'll show you why I'll bring it up to you I give you a pretty good example because this happens to be it and we're seeing this today in natural gas again let's just get this up here because something very significant happened in natural gas today and there's we finally popped above the 382 retracement of the last move but you see when Dunnegan was doing this he was looking for really strong trending markets that consolidated like this that's basically what it was and this was nothing more than a flag you see a pennant is pennant goes up like this or down like this a flag goes sideways you see how it all the point comes here other flags are up here flags are down here pennants are right here so he's looking for that and when that breaks he's going to be buying it well somebody today that I was chatting with earlier this morning said hey I'm going to give this thing a try and buy golly it worked like magic the darn thing just took off like a rocket and it did very very well and that market of course was the natural gas market it did exactly the same thing and as in fact we have one other one I have to show it to you here last night because here's where it all started this is where we hit it the first time last night this was about it printed at about three thirty this morning where we hit the 382 right there and then we backed off about twelve dollars and then we went back through it and the difference was is when it got to here it formed that dynamite triangle that was a 382 retracement of this move right here you had a nice little downsloping line and I was on the line with these dudes that trade out of Las Vegas and they say we're buying that and they have done very well with these dynamite triangles and so I'm going to be looking at some ideals ideas with it because Dunnegan had some great work and I know that some of those patterns that he had were put into different trading systems that were did very very well for many years since that time I don't remember you know what happened to him after that but that's that's what I'm watching anyway so I keep getting questions about it because I've mentioned it so many times and we're seeing some of these markets that are doing that and that's what we want to be able to get involved with okay so we'll take a break here 877-927-6648 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 and stock prices get the opening call newsletter by Basil Chapman and your inbox every day first time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors are you looking for a way to consistently add winning trades to your portfolio Tom O'Brien is here to help Tom O'Brien has been successfully trading markets for over 30 years a frequent contributor to TD Ameritrade Network and CNBC Tom O'Brien founded tfnn over 20 years ago to help educate investors just like you Tom's daily market newsletter market insights is published every morning when the markets open to give you the competitive informational edge you need to succeed these newsletters are packed full of Tom's advanced technical analysis in our gear to deliver comprehensive strategies for a successful portfolio 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 direction investments comm 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 for side fund services LLC this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ okay folks I posted this chart here on the natural gas right here was the 382 retracement on the long-term daily that came in at 235 it hit it once then you can see we backed off about see that would have been about seven or eight hundred dollars we went up made a little APCD right here this form the what we we're going to call it a triangle because that's what it is we're just called at the time we won't give it the dynamite name but so this is a triangle you can see 45 degree lines once you pop above this line you buy it okay and you put your stop right below here you actually could put your stop at 80 percent of that level because the main thing is if these break and they get back into the triangle again you really want to tighten your stop this kind of things I'm going to be talking about when I do the next my next day trading thing that's what I'll be doing it all depends on how well I do over in Las Vegas if I do really well maybe they'll sign me up for a long-term contract for three days I don't know about that it's a joke anyway you what you want to do is you want to make sure that you pop above that John Murphy talked about this as a regular pennant is which it is it's not a flag flags point up and down pennants go straight across so when you see this pop above this it's very important that it doesn't get back in here because that's a possibility of a false breakout and that's what could be happening in apple today because if apple doesn't close really strong at least close above 165 or 166 there's trouble in river city considering that stock has so much volume and so many followers and they're talking about it you know I heard them on Bloomberg today the big breakout in apple and by golly when I saw 167 early this morning in the Dow Jones up 250 points I said well maybe today's the day now the NASDAQ wasn't doing it the Russell wasn't doing it and the E-mini S&P wasn't doing but the Dow Jones was because it's a price weighted index and by golly that's the main thing that it makes it really difficult sometimes because these things are very heavily weighted like Goldman Sachs, Transamerica, some of these insurance companies, Healthnet, UnitedHealthcare all of those are very very expensive and that makes for a big difference in how things move as far as the index is concerned okay let's keep that in mind now we got another one here that is very very important too now we've talked about this yesterday we're going to be talking about it again today it's the same principle this happens to be the heating oil now look remember that the Arabs came out and said hey we're cutting back one and a half million barrels a day well part of those million barrels is heating oil okay that's the cracks into crude oil cracks into gasoline and the heating oil and look at this this is not bullish action folks we have actually gone below this right now with crude oil going below easily going below 81 into the 80s like last time i saw it it was an 80 something and this is in the in the face of the fact that they've had production the supply cut back by one and a half million barrels so somebody is not telling us the truth that's why being a technician by golly you got something going for you because guess what they can lie to you they can cheat you they can give you misinformation they can report you to the police and you know whoever the association for animals or whatever it is but they can't hide from you folks if there's more buying prices are going up if there's more selling prices are going down and that's what you have to realize so let's pay attention to that both of those are very very interesting what i'm doing now as far as research i want to check to see what the probabilities are and how do we define trend to see if these triangles are really moving now when the market's moving really fast like we were in the natural gas early this morning then that's a really simple one but the second natural gas it went into consolidation for a very long period of time and they work both in up markets and in down markets so that's why it's so very very important to me now someone asked a question about the chart that i put up with the full moons and new moons just get this up here they this is nothing more than the last few months in the full moons and new moons the full moons are the little dark red dots the filled in dots the clear dots those are the this is the new moon which is conjunction 180 degrees you're at opposition okay this is in the full moon it's very bright the conjunction's being hid that's uh dark so the darkness of the moon this is when the navy seals do their thing that's from right from the art of war sun sue go in at the the darkness of the moon to to hide your your soldiers or something like that i don't remember exactly what it was so what i did was i just did a bunch of these now norm winsky who was on the show yesterday said that he had done 11 examples of what's going on right now in the market not only do we have a new moon and solar eclipse coming up here on thursday wednesday thursday but we also have the planet jupiter making a specific aspect and then on friday we have the monster of all communication planets mercury going retrograde uh president reagan when he was president never signed a bill when mercury was in retrograde motion his wife nancy would not allow him to do that they had their own personal astrologer i can't remember her name she was very very very famous it'll dawn on me about three hours after the show but uh they were they were very heavily very heavily into that that was uh that was really something i got to meet president reagan before he was president he was governor and uh i was at chasen's restaurant if you remember the movie uh pretty uh pretty woman where she flips out the escargot and the guy catches it that was chasen's restaurant it was the only five-star restaurant in the la area uh it stayed in business till about 1992 and then the owners finally decided to sell the real estate and they put up a 35 story high rise or something anyway but they ate there quite a few times and i met him in a cocktail party when he was raising money this was in boom i got 1974 when he was running for governor for the for the second time and uh one of the people that was helping run the campaign happened to be a dear friend and so we got to got to meet him both and there are a bunch of celebrities there but uh that was nothing back in those days of uh california my gosh it was it does not like that anymore it's uh no not good anyway let's move on to a couple others here that i wanted to talk about i covered the gold i'm going to go back into the gold market here one more time because we've had a uh big run here i wanted to show you this is where we were yesterday let's get this up here hold on one second because i still think we've got a nice correction coming in the gold market we've already had a 76 dollar correction from 2060 down to 94 that is uh what 70 dollars a harmonic number is 36 36 times 2 is 72 so that pretty much set that in we've had a pretty good rally here we went above the 382 here off this rally here we've gotten up to just about the 50 percent level a lot of resistance up around this 20 30 level we're trading in around 2014 right now so i still think we've got a chance for this big bcd here in gold to come in here down at 1973 folks and that would be a very very nice one to really take a look at because that's during the time that we had the russian grain robbery in 1973 and i had my little bandana and my little plastic cap pistol my hop along cassidy gun and i took advantage of some of that stuff hey let's take a break eight seven seven nine two seven six six four eight if you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter you should try tomyo bryan delivers options and equity trades when the markets present them using a combination of fundamentals and technicals sign up for rocket equities and 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 you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at tfnn.com the opening call newsletter is written by basal chapman creator of the trading methodology known as the chapman wave the chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices get the opening call newsletter by basal 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potential double top in here but then we can certainly go higher up into this 43 50 to 44 50 level we're not very far from that 300 points in the dow it's not very much and if apple continues to gain that could very easily be it but i do need to show you one other little thing that may or may not mean anything today let me get this up here this is my ai program some oh shut the front door and razor and i got to do a little backwards here i'm going to have to hurry because i don't want to miss it let's get this up here and we will bring it up here post taste and that means quickly i think where did it go where did it go where don't do this to me here no that's not it oh no oh here it is right here here we don't get it up here you'll be able to see we're expecting a top here very shortly folks means the market if this is correct we'll be down the rest of the day and uh how much we don't know because all we can say is that we made a high here it may go all the way it may go sideways but there should be something resistance up in this area right here in the next 15 or 20 minutes so pay attention to it if you're super bullish and it gets above that you're going to make lots of money if we don't get above that 4200 level in that dow Jonesy mini then maybe not so much but you can easily do it so let's pay attention we're just back above the 60 of the 38 true retracement in the s&p at the number was uh 41 78 75 i believe we're at 40 80 or something like that or 40 79 i can't remember which uh 40 80 or 41 80 so that's where we're standing right now so pay attention to these they might be hazardous to your wealth if they work and if they do work maybe you'll make a few bucks on them so we're going to take a little break here we're going to start session two with hopefully tim boss and stan harley so may god bless