 The following is a presentation of TFNN. The Tiger Technician Hour with your host, Hazel Chapman. Call now, toll-free at 1-877-927-6648. Good morning everyone, Hazel Chapman here on this 23rd day of May. Happy birthday to my brother. 33,239 down 47 on the Dow right above the 200 period exponential moving average. I said in the show I just did a few moments ago, I sat in for Tommy Jr. couldn't do the show. I said there's a pattern that I'll look at straight line down, makes a little arch formation, looks like a lowercase h. If it doesn't take out that left side low, it could then make another h and then you've got to be careful because if that h takes out the left side low, it can go a lot lower. So we're looking at this a scans and saying, okay, you tell us what's next because right now you're stuck in the middle of a range. You're making lower highs, but you're also making higher lows. So that V-shaped pattern is going to change. At some point just make it real clear a close under 32,900. We'll be saying that we can go quite a bit low. Looking at the S&P now, this is so fascinating. The S&P is down 11 at 4180. It has enchantment methodology. We're always looking for four higher peaks. A bi-signal gets upgraded to a bi-mode and that implies if the technicals are still strong, it should go to at least four higher peaks, which is peak A first, peak B second, peak C third. It should go to a D. That means it should go to 4212.92, a penny above stars, a leg D. But at the same time, it could make a little pattern here that says it can go so close or preferably one penny above the high of yesterday, a full 209.22, go to 409.23 and then maybe fail. And that's like a Chapman wave peak C1, C2, double top. That's what I'm anticipating that we're going to have says enough internal strength still to have a pop to the up side and then we've got to be careful. That means you've got to be real careful because the weekly chart, look at this, leg D, maybe a peak D if we don't make a new recovery high this week but so far the technicals are MACD is good, Stochastic is good, 9 over the 14. All of this is really positive and if you look at the monthly chart, finally out of the Chapman wave inside track, repellent zone has gone to a propellent zone and you've got a Fibonacci 23.8 level at 4206 I believe it is. That's a little far away from me to see and that's getting close as resistance. So I like what I'm seeing right now on the short term for a subscribe to my opening call. We've got a plan in place that we will start a short position but only under certain conditions, a certain price that is. We get to QQQ, it already made a leg D. Yesterday it went, I should have put that in. I forgot to type it into 33, I believe 33, 38, something 7. Now there is 338, 67, 338. I'll just type that in, 338. Point I'll make it nice and light because it's only there as a reference point, it doesn't mean a thing other than to tell me that's where it went to. Okay, now what's really important about the phase that we're in at this particular stage is that the NASDAQ is starting to, I need to read this, yeah. Are you aware that five stocks, this is one of our listeners, are you aware that five stocks now make up 22% of the S&P 500? That's not a healthy market, that's five overvalued stocks but it gets much better than that. Apple now has a bigger market cap than the whole Russell 2000. It certainly has a bigger market cap than the majority of countries in the world than the whole Russell 2000. These are numbers never seen before but what's even more amazing is in the most indexes we're far off the highs in a bear market with interest rates going higher. You would do a great service letting your clients understand this. So I don't disagree about what's said there but I'm also of the opinion that price is the arbiter of a trend. You can look at the technicals and they're going to give you a tremendous amount of help but it is the price that is the arbiter of the trend and the price right now is saying the technicals are confirming the rally, saying the Q, the IWM maybe not, the IWM is trading up today. In fact, the Q's are down 0.27% but the Russell 2000 small caps are up 0.79%. The Dow is down 0.07%, the S&P is down 0.21%. So you've got leadership all of a sudden in the iShares Russell 2000. I like that and that's just saying to me the rotation that I've been talking about since the summer of 2010, remember we went along the very day of the low, March the 6th of 2009 via options then the Dow, the Diamonds. As far as I'm concerned, what we're looking at is this rotation says that a serious market decline can be avoided if we constantly rotate through what's been good then it takes a breather what's been weak starts to rally and in that context certainly this W formation. Now let me draw this in and this is a buy mode in the daily chart of the IWM means it should go to a D, doesn't have to, it's failed before to C. Now I'm going to go to this because this is what's called the restart. Now it took me a little while because eyeballs in the Tiger YouTube, this is not the first time he's asked me if this is an instant restart and then I did it once before and I said something's not, it's a misunderstanding of the question that I know of my technique but now I've got it. So the question I think what you mean is CVX rejected the dreaded H, correct? And where was it? Yeah, Basil, CVX, instant restart. So no, no, no. I think what you mean, remember an instant restart can only occur at a peak D in the Chapman wave methodology. It means within three bars you make a new high after the peak is made and that goes E slash A because it can have a brand new buy mode to go to another four higher peaks, a fantastic technique but I think what you mean is a restart. The restart says you keep coming off the low. You haven't taken out the original low in this case in IWM. I'm just using this as an example. The low of 167.46, I'm going to type that in, 167.46 and that was March, that wasn't the 13th, was it? That was March the 24th. So March the 24th, it makes a low and it keeps rallying but it keeps failing but now look what's happened. It hasn't taken out the left side low even when it went to that trough D at 168 or something. It never took it out. This is a restart and it's very bullish. If there are a whole bunch of, did I just say it's very bullish? I did. It's very positive. I shouldn't say bullish because bullish means that there's a really huge upside. All it says is that there should be upside action and the 181.86 level of the 200 feet moving average will be your first serious resistance target but you're already at a leg C and if it starts to trade above the arch high that was made right here on the 18th of April of 179.63 you can close sharply above that two out of three sessions. That is really positive. That's just a good D and in fact you might have made this whole rectangle formation with this double cup. U shaped going to a W pattern. Very good support. That's a restart. That's not an incident. So that's just a restart. If you're looking for potential trading setups in the stock market then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities 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 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. 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I had to do earlier on I actually was starting to do it and then I got back into the chart. Whenever I have this from this low that was made in the one minute evening I got peak A and it's there but then when I get a parallel high especially if I get two parallel highs I take one of them as a peak I call it a phantom peak so this would have been I could have left that but this one here I could have said I'm taking that as a parallel high I was just about to do it I don't know why I didn't do it because it was just too much talking I guess that would have been a phantom peak and then what happens is it goes peak C and then this peak right here becomes D instead of C here I am at C waiting for a D but everything about it with the Mac D turned down remember the stochastic I said as long as it quickly turns down within about five bars and goes negative you've got to be really careful and that would have got a peak D and if whatever position I was in I could have taken something off and put a tighter stop that would have been correct that's exactly what I would normally do I just I forgot to do it because I was busy but that's what I wanted to clarify that now let's go back here so there's a technique that I've used before where I call it the volume Chapman wave price volume climax at 45 round number low Schwab on the 13th of March just capitulated and slammed down with the highest volume my rule of thumb is that if it doesn't if it holds above the gap down bar high it can go 20 age sessions without taking out the left side low if after that it is holding above that it can go 56 but in this particular instance isn't it fascinating that the 45 low and this is I don't want to count it right now but I wouldn't be surprised if this is at least 45 sessions since that low was made and here we are at 52.75 not having taken out that low and you've got a rectangle formation so this is what I wanted I wanted to bring this up because it just went to a buy signal to a buy mode and it went to a P, a leg D right now but the tiniest little rally says it's still quite vulnerable and this is part of the IAI the broker dealer ETF and that just says to me we're not ready for prime time in the whole financial sector and look at the XLF just stuck in a range down 9 cents today at the 256 and when you think of yields going so much higher because of the TNX TNX.X there we go TNX there's another restart look it went to a peak A and failed and then it went to a peak A right there O2 O1 there it is peak A peak B fails let me show you right here no wait a minute this is another one you've got to remember your objective in the chat wave is not to miss a single peak or trough 60 60 60 okay so that's fine so here we've got A B pulls back holds the left side low so this is an A and a B right there this is an A but that's not a B the next one because that's over all the others so this is a leg C so all of a sudden the yields are leg C in a buy mode it should go to D so that means yields can go a little longer to the upside using this technique so this is the restart look peak A peak B comes down doesn't take out the initial starting point at about 30 to 60 and every peak above it above this has to be countered so that's peak A peak B pulls back peak A peak B it's not a failure because it didn't take it out that low and then it goes peak A and now all of them get taken out and it's leg C that's a restart and that's positive so now the question was about CVX so here we go CVX so CVX is trading right now at 156.72 at 4.27 so I think your question is yes so your question is is this a restart and the answer is yes it is that's not to say you can go to a buy signal to a buy mode it just says yes it's a restart at 156 so I know that the person who asked is often long maybe still holding X on Chevron in a long position CVX so I'm going to say to you if you're interested in this you could start a small position if you haven't already at 156.70 but it's not giving any secret the MACD isn't positive yet stochastic still just now over 20% to 21% so and 9 is way under the 14 but if you're positive this asking is this the time to re-enter or to add to my position I'd say I would do that but a lot has to happen for it to become a buy signal to buy mode at this particular point you'd have to say 156.75 probably I would say it's acting way better if you can see a trading at 158.70 to 159.63 somewhere in that range but this is with and I would have a tight stop I wouldn't get carried away it would just be like a small position to say where are you going and I would have a two dollar stop initially and if it can go above today's high of 157.66 I'd raise that stop I'd have a trading stop and I'd actually tighten the stop but that's a restart there's a chance that this is a restart but it makes the H pattern and this could be a lowercase M I suspect that it will stop below 161 to 159.50 that's a resistance area hope that helped you next question here it was let me just run this down here okay I wonder you know sometimes I talk about what we've done for subscribers which is working well but there are things that sometimes you know you try to do you try to be as human as possible but you try to be as mechanical as possible as well so we had a position I OVA a stock that I've been watching for a long time you can cry I've been I've advanced biotherapeutics integrates nutritionals therapeutics and IT autoimmune diseases so it was acting so well here and I had drawn in this whole plan and I had drawn in the this is the wedge resistance support line I've done everything and I said the left side I'm not going to the top of 9.49 right here of 7.62 I even wrote in 7.62 with a left side right side price time match everything there and we got into it and then I got a little nervous I wanted to add we got into a position and I see we're not going to have the two positions and I if we had kept the two positions the stop would have held and both positions would have been an average price I'm just guessing right now on the top of my head of about 7.43 and it's trading at 8.84 today a fabulous move it went right to leg T to the 200 period moving average a little later than I anticipated for the left side right side price time match but it did everything but now for the inside wedge target it went right to it yesterday and now I have to raise this leg we're not in it unfortunately I did all the homework but I got a little cautious because I've got a little nervous because it took a couple of bars off to peak C and I thought oh it's going to take a little time I like it I said I like it looking out I just very short term so we took a little bit of a loss and then it did everything I wanted so sometimes I get in the way of the decisions that were made I should not change the decision I did the homework and look at it today at $8.81 that alone is up 10% yesterday was up over 10% well that's what happens sorry about that subscribers we do our best I know one or two of you have actually kept it but that's not the issue technically missed it $9.96 now S&P's down 5 I'll be right back Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master year award in 2018 and barely missed that mark again in 2019 finishing at number 2 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 7 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 a tribe mastering probability 30 days risk free today TFNN Educating Investors for more than 20 years with 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you also need excellent instruction from experts at TFNN you'll get advice and guidance from the authority in technical market analysis and it's not just dry tedious text either TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV live every market day from 8.30am to 4pm eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds Tiger TV has 8 different shows with expert hosts to help you make the right moves with your money watch online at TFNN.com or on TFNN's YouTube channel and 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 Hi folks so the question came in with AQST why is this conflict C? The reason is the weekly chart the low was the low you have to go to the original low and that low was at 79 cents 77 cents 4th of July of 2022 so this is peak A that's peak B and then it pulls back but it never took out the low it went all the way back down to the point 0.62 level 0.62 double bottom 0.62 the week of the 1st and the 8th of July double bottom so this is higher so that means I have to keep the count so this is AB and then from there that becomes an A that becomes an A that becomes B because it's higher right there so this is an A right there that's an A and then this is also an A these are grey A's because they're all underneath that's an A that becomes a B because from that low that's higher than that A so that's a B then this is also an A and then there comes a C so I'm just looking from that low just count the alphabet up and go CD and this is an E okay I hope that helps you I've just found that that's the best now there's another technique that I use and that says on a purely visual basis and bounce up deflected higher back in March of this year but the stochastic went under 20% then you could technically start this as your own ABC but I'm doing it technically the way I've always done it and that's from the original low so this you could say maybe it's a C that maybe is an alternate count but I'm sticking with the major one yeah so Frank I've been trying to answer that question in all the things I've done right now so let me just do this the question is what upgrades from a bi-signal to a bi-mode so let me just do it this way around I'd like to do it current so let me see if I can do it current here yeah okay so in this particular instance the reason why I like to use the phantom peak is because it moves in quarter point increments in the e-mini so if it was 0.01 I would have got some kind of a peak there but when I get when it has a parallel high and I got a little hiccup in one of the technical tools I say I can use that that's legitimate and look it got me out if I was in it which I wasn't because I was doing my show but if I was in it I would have got out here and said okay wherever it goes that's fine I'm using this as a phantom peak B and that makes that a D now in this particular instance right now you see the stochastic went under 20% and over so the rule of thumb in Chapman methodology is you try to identify the lowest low by a sharp move down and then a nice reversal but what you need to see is that after you've made a peak D or E or F but you've come down now you're starting looking at it freshly for a brand new signal what you want is a good price move to the upside you want the stochastic to go preferably under 10% and then move up but you want the stochastic to cross positive in this case it went under 20 cross positive you want to see a good price movement in the symbol that you're following and you want the magnitude to start to improve you want the unbalanced volume preferably to give you an ictus right on the low and turn around which it did a day before so that's a good sign so so far the e-mini one minute chart has gone from a buy is in a buy signal because it went to a peak A held very nicely then it went to a peak B and it's still holding well and the 9th period moving average is strong and the magnitude is good and the stochastic is now I've got to watch this closely because the stochastic remember before it failed right there only 5 or 6 bars it went from over 80 to under 80 that's just I don't like that at all this has done the same thing so this rally and the stochastic is going to give me the opportunity to say if it breaks above B it's going to go to a buy mode and I've now got to buy an upgrade from a buy signal to a buy mode it's trying to do that right now and then what I do is as I'm doing I actually do my note I do all the stuff while I'm trading even a one minute chart and it's kind of tough to do sometimes one hand is ready to get out one hand is doing all the notations but look at this I would do this as it's moving right now and I'd say oh that's a little bit too quick but at least I've drawn it in it's giving me an idea that from this trough on the left to that side look it's already looks like it's not going to get there but it has made a peak C and the magnitude is because the stochastic is 6% a lot of work needs to be done so then what I do is I say okay everything's good I haven't got stopped out of whatever it is I have to put an up arrow because I believe that from everything I'm looking at this is a buy mode and now I say but it's already this bar is way underneath my target on the right side what can I do well then what I do is I say okay if you if you haven't got one hand on ready to get out I try to look for a particular candle and this particular instance I go to this particular candle right here and then I go to the right side and I say okay you can do anything you want you're the price I'm just following the dictates of the price as much as I can to the best of my ability I'm in and I've got a tight stop and all I can see is I've got a target of by 10.43 this morning to get to the higher one 98.50 and we're at 41 94.75 a lot of work needs to be done that's the way I would do it so this technically I I'm upset because it's not holding above 80 percent if this was holding above 80 percent I say absolutely buy mode I'm expecting a D right now I'm saying I want to see this to cast a go from 68 to 82 percent to give me a confirmation so that's the way I look at I'll do more of these I'll do more of these live to show you exactly what I I'm doing this week and so now with that said it's 1037 so there's a lot to be done I need to do this right now I want to show you a couple of things the GDX trading at 31 65 right now you see this little pattern here this little arch and it's making this dreaded H it made one dreaded H it's made one dreaded H failure right there a second dreaded H failure right there what's the dreaded H for those of you just tuned in it's this pattern that I always talk about it's where you've got it's where you've come down sharply you have a rally that only goes to peak A or B and then fails and takes out the left side low you've got three bars in which to get back above that left side low for dozens of times you're going to go even deeper down so we've done that once once you've done it twice and you've done it three times so that says that if the GDX at any point starts to trade at 3123 or lower there's just a very good chance you're going to hit the 30.19 30.65 200 there so that's it and then when I do left side right side price time match maybe I'll do that to this side yeah I'll do it during the break yeah I'll do it I want to do it live I'm going to go from yeah which point then to the right and then I'll give you my time axis I'll be back Gold Report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the 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Distributor Four Side Fund Services, LLC This program is brought to you by Vista Gold Traded on the NYSE American NTSX under the symbol VGZ Hi folks, so we did this live I was doing this as we were talking peak AP, what's the objective in the tab way to get you from a buy signal upgrade to a buy mode to get you to at least a D Well, we did that peak A, peak B, peak C and we went to a D just underneath my target which was at 48 what did I say, 1043 I wanted to hit the high of the first of 1 minute past 10 of 41 98.50 So we went to 41 97, we just missed it and that was a peak D, so that's the objective so now it's pulling back but what's really interesting is where did it stop, look at the 10 minute chart the tab way of falling look at this long-term trend line it's just out the outer limits of the wick of each candle and it hit it exactly and it pulled back if it starts to break out and can get to 4205 at any point today oh no, even 4202 then the 4204 200-period moving average becomes a magnet to the upside so you just go step by step and that's all you can do now the other thing I wanted to talk about is I had questions, I'm going to do them right now about UNG and I said yesterday I just don't quite oh, let me just show you the GDX has a target of 30.74 and that's by, I'm giving a little wrong, by the end of the month but by next week that's where it should hit, you can do it sooner I'm just saying this is a technique that I like to use and this extends from inside where target support line, not a repellent it's pink, so it means it's a repellent zone or right there okay, that's now the other thing I wanted to do is UNG UNG I said yesterday I don't like the action just be really careful, it pulled back way too much and now it's trading at 6.95 down 5 cents it's this is the United States natural gas fund it's just telling me it's not ready for prime time it's trying to build a base but that base, this is another restart in this case it's a restart that fails so far because it went to a big C and this is a much deeper decline than it should have had but it doesn't mean to say it couldn't go to a D because the MACDs go to stochastics at 75% it was over 80 yesterday and now it's at 75% so and the on balance volume is really weak and red for strength is weak in the daily chart so it just needs a lot more because I don't think this is a season for natural gas to start moving up much so I just want to review that statement before about just a handful of stocks we've seen this many times before where a handful of stocks are leading the market I don't like that I like to see a broadening I have seen a broadening if you look at ARKK tell me this is not a broadening of the market look at that up 57 cents today this is ARK it's going to start feeding into the stocks that were horrible failures and that just makes us a viable entity right now we don't have it I meant to get into it because I think this is a phase where you've got tremendous support it's at 41 right now I think the whole 38 to 37 area should be very strong resistance support on any major project and it's going to start feeding into the stocks that were horrible failures and support on any major pullback and that's what I'm talking about the rotation the other thing I was asked about is you've mentioned Bank of America before where does it stand this is not bad action AB this is a leg C right now so here's your A it fell to the B before here's A, here's a B here's a C I just want to double check by one penny if that's a this is 67 and that was 67 that's what I thought yeah so this is a leg C but it's such a tiny move up and the magnet is okay the stochastic is running at 69 percent just a lot of work needs to be done a question came up about KRE KRE yep also and I we were in it for at 3752 took a little bit of a loss now it's at 41 46 it also did this Chapman Wave price volume climax I'm beginning to think that this really was a climax and that this is an A this is now a new leg B I wouldn't if someone's asking about buying it you could nibble right here with I have a fairly tight stop nibble at 41 47 and I would I would probably say at 2 and a half to 3 point stop just initially just to give a drum just this this needs time to really build energy to the upside it's starting to do that this is the SMB regional banking ETF I kind of like what I'm seeing right now but it's got all this resistance in the 44s that it has to break out of and it has to do it quite significantly okay another question I had was where did it go whoops where did it go I wrote it down oh that's right Apple so Apple right now is down $1.26 in 172.94 he made a peak E a few days ago in this oh I meant to change that I'll do it right now I had this as a trend line but I didn't correct it I knew it missed and then I forgot to go back to it you see this line I call this the inside track repellent zone and I do it with a tiny mini channel I make it pink and green and if it if it decisively on the way up takes out green that's really good but look how it's been resistance this is a nice technique such a simple technique a trend line going to the outer limits of each candle and it hits it I like to do it twice of course but three times is great four times even better and the inside track look how it stops at the inside track repellent line the pink one and it pulls back and that just says Apple the magnate well first of all the 90s over the 14 the magnate has turned negative the stochastics at 87% that's good but it is almost turning down but it hasn't turned down yet on balance volume is slipping so that just says you've got a peaks a legs see in the weekly chart it did a beautiful price time match one week early to the target of the high that was made week of the 19th of August of 176 15 so now it's pulling back a bit but that weekly chart is fabulously strong so in this Apple trades at 160 sometime in June I would say this is still very good action and the monthly chart is improving a lot so as a short if you trading Apple as a short you can treat it as a very short term position looking out though I think this is going to go higher I would say that 182.94 all time high of January 2022 is in play in 2033 this year I think it's going to be hit but in the shorter term it's getting a little bit toppy and I would just put it this way if in the next by Friday's close if it does close under 17 170.42 I'm going to say if it closes under 169 then this consolidation go a little longer but in the meantime it's just more just a digestive big move up and it's having a little bit of a rest the next question came in and I said I'd look at it was let me just tell you in my screamer list I mentioned today to subscribers if you're a subscriber you can use this and do your own homework I just didn't want to do anything because I'm really focusing on the market right now and the two misses we had yesterday was that IOVA which is now almost 10% it's upsetting but look this is one that I had yesterday as a stream at LegC I had stopped at about 918 now it's at 936 it's acting so well it's solo wins corporation so I put this down as stocks that you can watch I'll be right back Basel Chapman Tiger Technicians out there is just launched their new trading room the Tiger's Den hosted at Discord TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours and now they are expanding their reach with the Tiger's Den available to all Tigers and Tigris for just $1 for the year there's no catch or added costs when you join our community of traders in the Tiger's 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 Tigris as they share trading ideas news analysis and 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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 is a good one I'll do this tomorrow I'll talk about the buy signal that goes to a buy mode and what happens when it reaches the potential double top how do you deal with it I'll talk about that but what I wanted to say is I've got a list here it says 16 on my screamer list I have 16 stocks that are flashing now these are single digit stocks that are breaking out one that I I put in my newsletter but we don't own an NVTS NVITAS semiconductors trading up 41 cents up almost 5% at 9.57 today in a leg D now it goes to a leg E a leg D in the weekly look at this beautiful weekly symmetry of the bars there are so many SWI was one that we had I mentioned that already now they're flashing it's just an SPS, SPCE we don't have this I've got a lot of these actually are written down in my screamer list and that stocks that are that are appealed to me but we haven't got any position I just put them so I don't forget them look at this move here up 29 cents of 5.8% so there are a lot of these things that are suddenly yes one that I used to I liked a lot before and then it took a big dive sauna biotech repair and control genes and cells or replace the genes so the cells so isn't this interesting it's up 34 cents up 4.5 today and I stopped counting it over there because I thought geez this is going to still keep going yeah they do I put in a B there with that I drew the price time match yeah it is a leg B in the weekly chart and how do you how do you deal with these things so this week I said for subscribers we're going to get back into some of these real low priced ones see if we can use them as trades while this market is starting to digest some pretty big gains in certain sectors I'll be back with Tom later on today have a great show stay tuned for Steve Rose for all the great programming and check out my opening call my daily newsletter see you later Orton Oates