 The following is a presentation of TFNN the Tiger technician hour with your host Basil Chapman call now toll-free at 1-877-927-6648 I'm just finishing up putting my notations on the one-minute chart look at that leg-dean the 10-minute chart unbelievable I mean I'm not complaining because we're along but I have to tell you it is a surprise because what's going on now where Crude all essentially should have been up 10 15 bucks over the last two days a goal should have been really up 45 to 63 points we've really not seen that and okay so now let's just deal with what we've got I'm out of this let me just switch charts there we go okay I'm gonna do this quickly because I got just a ton of calls before I get a ton of questions Bill yesterday you're asking me about was it Bank of America Bank of America with the question about let me just double-check here because I think that's where we had a response in the den well I don't know if I can find I got to go back to far above all yes Bill blue Montana ABC ABC D okay that was the other question about the A to B equal C to D I and I believe it was in Bank of America so Bill I'm Montana if you're listening in the den Dan in the den said if you want to do that it works best let me how I wrote it down and he might just type it back in there logarithmic logarithmic charts give you the best for the percentage and the points so just think about that you might want to do it that was a suggestion I've never done in fact I've always done ever since I used to hand chart is a one-to-one I have no I I just do it as a mathematical equation with exact movements no percentage no changes like that for my charts that's the same everybody has a different ways of looking at this alright that was that the next question was let me get through this here yeah thank you GT for that comment on on a I wrote it down here let me just see if I can get to it and I need to get to it because it was part of what I look at as as the socio-economic aspect and I'm gonna find in a second if I can see where I wrote it down that's not right in front of why is it not in front of me now I needed to get to it about the performances 1500 dollars a ticket no I'll get to that and another question was Neo so if you're looking at near oops typed in the den the wrong place Neo right here so Neo is a Chinese electric car electric vehicle actually company and I think mentioned calls yeah as a trading look this is this tiny little move if you're doing that I would keep it as just very quick trades and then I'd get out of it and one of the reasons is look Tesla is that Neo is one of the leading companies I believe in China test is one of the leading companies here and Tesla is doing quite quite well even though they've cut prices I mean I like to talk about this every once in a while and I there's no political aspect or anything this is just ever since I was a little kid and I saw the wooden exterior of the willies you remember the willies Jeep and then they came out with a with a little that wooden paneling I remember seeing it now I don't know how old I must I just maybe four years old or something like that I don't even remember how old the willies was back in South Africa and Cape Town South Africa and I looked at myself I don't like that at all so ever since I was just a little kid design has been and and adding what I've seen visually storing it up in mind that's always been when I do my notations and when people ask me and I said where is support I could do a mathematical formula and all that but instantly I'll just see it now say 270 guys Tesla 270 and I'll name something and low-involved it hits that and then people say how do you know and I to tell you I do something in my mind but I just not like I write down or I go to the computer or a calculator anything so within that in mind I must mention that I had spoken about this about eight or nine months ago and I said I have seen the most number of women I know I couldn't say young women or older women bits of women in general majority I think are younger depends on what type of drive for the first time in my life I've seen the greatest number of women driving really fancy cars and really fast cars and I wasn't going to put any connotation what it meant or anything like that that was just something to me that was a phenomenon that I hadn't seen I have a theory about it I've spoken about that a long time ago I'm not going to get into that right now but that's not the issue so yesterday just by chance I always do this it's just like the fun thing that I've done I've done since I was a little kid so I drive along and I saw I've mentioned this before that I saw maybe four or five testers in the space of a mile and a half driving care in town in Newton Massachusetts yeah it's kind of you know it's called the garden city but that there are people that are coming from all of the different towns so this is not like these old Newton people yesterday I saw eight or nine testers in a seven-minute drive and it's not like this the fences is not Beverly Hills this is just you know in a middle class suburb that's all so I'm looking at this and I can just tell you the Tesla they are selling cars that's all I can tell you I don't know I haven't spoke to salesman I am going to take the time one of these days there's a lot of stuff I want to discuss with the salesman you won't know that I'm there not to buy a car but to get other questions I like the Tesla I've been in some testers I find the ride is a little bit bumpy for the rows that here we have in the Newton area I mean the Boston area the rows are just horrible and you can feel the bumps but they are fabulous just just state of the art and it's great I have a neighbor who met at a block party the other day on the way to the block party I see that he has a Rivian I asked him about the Rivian he loves it but most people just you know have regular old cars and I'm looking at this and I'm saying this is a phenomenon that you only get when things are pretty good for a lot of people so in that respect I'm looking at Tesla and I'm saying it's in the middle of a range it's holding up really well out of the electric vehicles I suspect that they still have a leading edge they've done it all they're there I don't know what the rating is on a consumer report sometimes doesn't give them a great rating for certain things but look at the chart not bad huh it's a good chart but I don't know if it's a chart that's going to go right now in this particular phase to the 283 level it's a 264 okay spend enough time on that I want to just cover a couple of the so yeah so with their Taylor Swift tickets thank you very much DG the average price is a $1,500 with people having to get there and stay in a hotel whatever it is it's amazing and I met someone the other day who took her daughter to a Taylor Swift concert here at the Gillette Stadium and she said it was just phenomenal and then someone else there at this particular party it was that same oh yeah we were there it was just a phenomenal 54 songs to say all right I'll cut that out the way now we go back to the market I'll be back in a moment you want to see about gold with all the bonds and I'll be right back 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 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 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join our community of traders sign up today and become a part of this educational community of traders just visit the front page of TFNN.com toll free at 1-877-927-6648 internationally at 727-873-7618 so let me get to the question quickly because I'm going to run out of time otherwise Tiger is good tech holding I believe that's what it's called uh this is up this is TIGR is as simple this is not TFNN this is just TIGR is a symbol tiger 22 cents at 5.49 now I like this pattern very much now I had just spoken about the almost the same pattern with the stock ASPN and if I have time I will go into that I typed out what I was thinking in the den a little while ago so this is what I have to do I have to go back for TIGR I have to go all the way back to the lowest obvious low bar that's this particular bar back in May around about 223 or so so it goes peak A peak B always looking for a D in the chaff wave and then other things can happen and boys did other things happen right here peak D so in your brand a brand you buy signal to buy mode goes peak A B C D right there oops click okay here we go peak A peak B this is nothing that I don't do all the time every single minute of the day or night even when I'm watching the charts I'm busy notating drawing in the cup formation the arch formation seeing if I can break see if I can go one to one to the upside from the bottom of the cup or down from the the the trough of the the arch or the top of the arch so here we go this goes D and then it spirals up to E the reason why I didn't put a down arrow there is that the technicals were so strong it looked like it would just continue higher which it did it went to an E right there then it pulls back sharp enough for a down arrow sell saving to sell mode and then it saws another rally here we go uh whoa this is a tough one I think that's the low buy penny let me just check when you do enough of these a 321 and 323 yes if you do enough of these uh 100,000 or so you get quite good at it this is I've done probably easy a half a million easy eh it's probably more than that maybe C D E okay now you get another pullback and this has to go to it it should go to a down arrow but look the 9p removing average didn't cross negative once in all those turn downs but on time alone I'm going to give it a down arrow then I'm going to have no choice but to put an up arrow right here and say yeah this is a peak A now I can only do this historically at the time I wouldn't have been able to put an up arrow because look all the technicals except for the 9p removing average were very negative so this is peak A that's peak B and then I always said oh oh this is going to be a dreaded age failure it's rolling over it's rolling over but no it saves the day the 9p removing average flips pink for just a one bar and then goes to green so this is what I'm looking at and then what I'd automatically do is I draw in the trend line down and it's just taking it out right now I'm drawing the potential cup now this is a little easier than the ASP and that I was saying that's one of the most difficult things in the chapter we methodology when you get a sharp pullback and then almost like a v-shaped recovery but it's starting to stall halfway is this going to be an A peak A peak B and then a fold over with a dreaded age pattern which it did right here this one AB this UP financial fintech holdings and as I said I think it's a financial right and then look what's happened it's gone above it didn't close above that left side high in the weekly chart of December 2022 but that's and this is exactly the same thing that's the peak A it gets to it gets to a leg B if it can go above this high right here the high of uh was at the first of September uh the week of the 29th of October yeah the week of the 29th of September the high of four four no five five five five point five five and here it is a five point five two with a high tier five point five three or just to do start a leg C here and that says you don't want it's going to try to attack that high yes I like it I should have said that right away yes I do like it next question came up so um yeah I need to okay I need to now I'm going to do this let's just run this really quickly look but now nice move up today it's up 163 307 65 so we went long last week uh with the we still short from right there the exact August the first high at 35679 that was the high we went along the three times long in a trading position so a small trading position but three times long you don't have to be overly excited about that it's three times long you're still going to handle the trade and we've taken a little bit off a little bit's a profit and it held the stop how it did I don't know but it held the stop for three days and then Friday held the stop and had a really good session not a great session was just good because it stopped and couldn't close over the nine e.m the pink nine e.m.a yesterday went right up to the 14p moving average and then stored today that's now support but this is really the start of something um it doesn't tell you anything and I drew in the arch formation with the reason why we went along is that it was my cycle date going back to May the 25th where 32,586 was the low the number of days to the upside to the August the first high to the number of days on June the 6th was equal and that says at about that point you know exactly what your risk is the risk is down to the 32,700 and the 32,586 level so I widened the stop I still we would have we still pretty tight stop and then I tighten the stop so we've got a trading long these are two different positions don't forget we're still long from October in the diamond so I have all these different time frames where we're doing different things that we would I didn't think we're long from the March low of 2020 I didn't think we'd be able to get back there I didn't want to lose that position so that's just building and building and building at some point we'll have to just get out of everything but in this particular point we do have a short position from the in the Dow August the first and we have a trading position which I believe is going to hit some tougher sledding soon and then I've drawn in the arch formation potential that that's where we come back we do we have to take out the low of 32,086 we don't have to but I'm preparing for some something going on that just takes the market down again so now I need to say following it up look the S&P this is a very strong leg A very nice gray leg A because I haven't got any technical indicators to confirm we've got even a buy signal yet let alone a buy mode so I'm just calling that a gray leg A look the reason is we did almost a what we did more than a one-to-one to the downside in the weekly chart of the dreaded H pattern and a still pink the nine-period moving average so I need to see some confirmation of upside activity QQQ very nice leg B right now we went long on Friday yeah Friday intraday we went long and that that position was because I loved hack HACK but we missed the entry into it I spoke about chapter 4 the exclamation breaking out finally the cyber security stocks are moving look at all that period I said should a cyber security stock should be doing well instead of lower lows and lower lows and lower highs and lower highs and lower lows and just down down down and now we make the higher highs and higher lows and it's in the legs seeing the monthly chart this is the first time so I said we might listen but let's just get the TQQ because it's got the cyber stock it's got it's got the XLK it's got a lot of aspects that should work in our favor so so far I'll be back 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 forex report teddy keg stat breaks down the forex markets every monday using his 30 plus years of experience as a trading veteran of futures forex stocks and options teddy releases his weekly tiger forex 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 forex markets tremendously when you sign up for the tiger forex report you also gain instant access to teddy 60 minute webinar archive he just hosted forex strategies and fundamentals what is behind the tiger forex report for all the details and start your 30 day tiger forex 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 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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 30 a.m to 4 p.m 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 eight 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 don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv hello so right here at uh 43 97 you can see the on balance volume turned down the mag d deflected lower the nine is still over over the 14 in the one minute chart leg e in the five minute chart and leg d in the uh 10 minute chart so if there's any pull back it'll have to be held at the 43 93 to 43 90 level starting to go below that says all right now at 10 20 oh it's already 10 30 at 10 30 we can start to see some people taking some profits and then we'll have a little bit of a digestive phase all right just want to do that now let's get back to some of the story here so gold and this is going to be really important gold is up six dollars at 18 70 the gdx and that's the miners keeps having quite good candles that hold much better than the actual visual chart that i see of gold we did do the one to one to the downside to the 25s in the gdx and this is a very nice move but if you're looking at the weekly chart lower highs and lower lows and it has an even bigger one to one to the downside from the uh fifth of may 38.25 high which took us all the way down to the 25s and that's a 10 point move that's that's 20 something percent so that that's big meantime uh what we're looking at is uh in in this particular instance we're looking at the uh silver i need to put them together the silver chart a nice move up just nice it's not great yet it's just nice doji candidate yesterday should not be in doji should have closed at the highs over the 14 period moving average today it's still under that it's up 0.07 at 21.99 and this is just telling me that wow i've been saying this for over a year i mean say all the traditional things that you look at are just out the window you look at the vix index it just hasn't been proportionately as accurate as it used to be back in the day you look at the relationship of the dollar and gold that relationship is only there in in trend but got nothing to do with the percentage moves etc and we can go on and on the the fact that the the yield of skyrocket usually when bonds go up and the yields come down the market goes with it we've seen bonds and the market go down so all that's out the window so all i'm saying is that it could this could be the start of a much bigger move let's just look at newmont mining i always like to look at newmont mining and asa yeah that's holding pretty well uh very nice move off the low uh 34 about 34.90 or so and it's trading right now at 37.96 but look at the weekly chart is this is this what you would expect if there's incredible configuration in the middle east and gold is look at this weekly chart i would have expected gold to be up and newmont mining at least do we have much more than that look at the weekly chart of look at this the weekly chart of gold some things i don't know the proportionality is completely different from what i would have been anticipating let's look at asa because that's the one that's happening in gold mine yep nice session today but not a great chart oh well look at the weekly chart so is this coming off the bottom if it is it's going to be um maybe it's just going to be one of those like we've if you look at the market overall i've been talking about the the daily chart has gone from all of them indices have gone from sell signals to sell modes but the weekly charts only at the end on friday not even did the qqq go to an s in other words the 914 was still green still positive so maybe we're looking at in the in golds as well that it just incrementally moves up as a kind of a i think i better be in gold type move and it's just a slower move and eventually the weekly chart improves enough to to flip the nine flips positive but why i can just tell you this is not what i was in look at crude oil wouldn't you expect the crude under these conditions instead of being down over a dollar today 85 22 um you know i've got a 70 70 76 target over the coming weeks i don't know if that's going to work out that's the chaff wave unconventional fat base restart that i'd spoken about a little i'm quite a while ago back in august um and then i ran up into the 94 95 area and the other day is coming down this is gerry gain this is not the relationship that you'd expect all right enough of the relationships let's get back to what i want to look at here so i wrote down uh as a question came in about cleveland cliffs i want to hope i've still got the notations there yes cleveland cliffs ink a roll steel um up so this is a peak a from the low that's a peak b and i'm making keeping this blue uh not changing it to gray to gray because this is a by mode the stochastic said 81 percent the magnies good nines over the 14 acting very well it's up 21 so finally we can look at cleveland cliffs and say hey not bad but that's the daily chart and the 50 uh 16 38 level is the charge of period exponential moving average it hasn't been there since early august when it plummeted from that level uh back in the 17s down to the uh 13s so i like it so the question is should i hold on i'm going to say yes hold on now but what i would do is part of my position i'd have a stop under not today's load is 1574 i probably said about 1560 just for the moment part of the position i'd have a stop to take something off but i like it but the weekly chart says wow there's a lot of work to do it's about to bump into strong resistance and that's at 15 99 or 98 in the 200 period moving average so but i would still hold it because it's acting very nicely so yes cleveland cliffs hold if you're still holding it right now um a couple of other questions let me just check here uh basal human mind is the key to drive the gdx higher as you want is the general it appears with the strike over in mexico it's ready to sore again thoughts so all right a couple of people asked me about go actually quite a lot a lot of people asked me about go we do not have a cold position i always put it in on friday saying i think the dollar's about to have a bit of a breather but the dollar's still holding already well so we're held off but you want mining let me just have a look here let me look at rgld royal gold same kind of chart formation oh the weekly chart did a beautiful one-to-one to the downside that parallel um this is the boss symmetry took out those lows uh what else should i look at f and v f and v they all have pretty much the same yeah all i can say is that if new want is going to lead and this is a much this the four candles we're looking at right now are very good candles the pattern itself the v shape pattern is just to go to the 41s and you want mining where it was just a few weeks ago it's unbelievable 41s down to the 34s it's got a lot of work to do so if that's the case that nine-period moving average has to cross positive and it's way negative so it's got a lot of work to do i'm not arguing i'm not doing anything else but i'm looking at the child and saying it could it's got a lot of work to do um and if it starts to trade for two out of three consecutive sessions now i say two out of four sessions closing about 38 38 37 38 42 in that area can close there i'd say yes that should continue high all right we'll we're back in the dials of almost 190 points sbs of 34 see you in a moment and i got a number of other questions that we need to go through 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 tom obrien publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xau hui gdx the dollar bonds the south african rand as well as 25 different mining equities with specific buy sell recommendations the gold report new subscribers get a 30 day money back guarantee so you have nothing to risk subscribe to tom obrien's gold report newsletter now at tfnn.com are you ready to take your trading to the next level introducing tom obrien's award-winning newsletter market insights your key to successful active trading tom obrien renowned for his expertise in the financial markets has designed market insights to be your daily guide to profitable trades tom publishes his daily market insights newsletter every market day before the market open along with updates when warranted stay ahead of the game with tom's real-time analysis and trade recommendations delivered straight to your inbox whether you're a season trader or just starting out market insights provides the edge you need to navigate the markets with confidence ready to join the ranks of successful traders head over to tfnn.com and subscribe to market insights today don't miss out on this opportunity to supercharge your trading results market insights comes with a 30 day money back guarantee for all new subscribers so you have nothing to risk don't miss out on this opportunity to revolutionize your trading game head over to tfnn.com right now to join the thousands of traders who have already experienced the power of tom obrien's award-winning newsletter market insights firsthand tfnn educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade labu or labd directions daily s and p biotech three times bull and bear etfs visit direction investments dot com slash biotech today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at 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 vista gold traded on the nyse american and tsx under the symbol vgz so a couple of things we want to go through right now and that is we've got a big deal with the doger candle in the one-minute chart leg in the five-minute chart leg d in the ten-minute charts if there is going to be a bit of a breather maybe this is the time but let's have a breather by going to a special guest online and we've got who have we got online am i speaking to mr larry pesavento billy ray valentine in the place dazzle i'm going to try to be back tomorrow i'll tell you this stuff is really wicked because it really takes your energy i my goodness i mean the symptoms are not bad but boy your energy level is down to zero but i did want to mention to everybody you know when this thing happened on sunday night i alerted the folks that this market happens to go up get out of the way because that you know we had a right your bottom down there in that 42 40 area in the s&p and that could lead us all the way up to 4500 easy so that's all i'm seeing and uh you know that's all i know and i want to thank you so much for setting in for me too bad look is it really helpful because i just not was not able to function for a whole hour i think i'll be able to do it tomorrow but you know jury's still out on that but your voice still sounds so i didn't expect to just still be scratching like this uh is it your son okay three weeks uh i i think it was a prelude to this stuff coming on to me and then when i started getting the sore throats and stuff but i go to i've been to the doctor three times i'm under good doctors care and everything i'm not under you don't have cove any danger i just don't have any energy to even look at charts i mean i just when i look at the chart i see blank oh that's so well we're all hoping that you get better real senior it's a whole it's a whole in our a lineup every day if you're not here we need you yeah so i appreciate one thing i did do is i learned that the folks uh on that rally sunday night in crude oil that only rallied up to the 382 that this is not bullies action and course you could see interesting yeah off another three four dollars but this thing is going to drag out for a long time is my guess but yeah i don't really know absolutely correct yeah and not only that gold i was expecting gold to be much higher not that it hasn't moved but i just in terms of the emotional aspect i would have expected to be up much higher and so far this is telling us this this is kind of business is usual for the market i guess as it looks right now so well that's why i'm trying to trade what i see and not what i think i know i know pal listen thank you so much again and i hope to be able to be back tomorrow the odds are about 70 30 right now i'm feeling pretty good this morning and i'm not going to do much today so if i can rest up today i should be okay tomorrow okay well we're looking for it today thanks a lot thanks for calling in thanks you live good luck you you hit it yeah folks very positive and tell you have to scratch your voice but he's playing as much as he can to be back tomorrow we'll see if it's possible i'm going to try to be here doing the one o'clock to two o'clock hour to finish for later i know from my own experience and i know from people i've spoken to who watched tf and then i mean we have people that are watching tf and then who have been here for listening and some people have been listening to tom since he was up in new hampshire which is well over 20 to 23 years ago so um yeah um so we like to fill in that time with live stuff as much as we can it's not always easy but we try to do it so now you can see you see this one minute chart on the e-mini pd see the way that the on balance volume was much lower than it was earlier on the um so no the mac d is much lower than it was the on balance volume just gave you a really nice turnaround right at exactly the doji candle high in the one minute chart but it doesn't mean to say oh my god that's it's all over he just says this is where you're getting a bit of a breather you've got a peak e in the uh five minute chart you've got a leg d it's only a leg until the next bar because it has to make a lower high to become a peak you remember it's called the floating ladder all the way up until it makes a peak now it's in leg d if the 10 minute e-mini chart cannot get about 4403.50 in this bar and how many more minutes do we have we have about three minutes or so um that'll be a d so i i'm expecting this is where this is the best time to take a little bit off if you got an e-mini or whatever because uh there's a bit of a breather all right let's get back to our story here so i did that did that did that um i'm going to okay and in the den there was a question that i missed oxy oh so this is going to be very interesting because if you look at the oil so yesterday i was asked about rig and i said rig has done fantastically well but it has been digesting gains for quite some time this is um trans-ocean limited offshore drilling oil and gas so it made um 886 was the high back in august and then it had a rebound to 888 i forgot to put that in and that went to i call that a right arm extension because it made a new high at e right there right there e so i put an inverted v shape pattern that's a little hat that goes there uh because the last i've used up the down arrows and that's that's not a brand you look this is peak a right the a b and then i'll turn it e slash c but it turned out to be an e c minus actually and it came tumbling down and i said yeah i just think it's in a consolidation uh if you're very long-term long i would still maybe keep holding it but on a very short basis it isn't is making lower lows and lower highs and that just says it's struggling so i hope that helps you so now i can go to oxy which is different because this is a multinational multinational if i can type it into not the chart but into the little rectangle there oxy there we go oxy is oh it looks very much like the rig chart oh man i have these all you can imagine over the years uh if i never lost any chart they somewhere there they get saved but they don't come up the way they should when i have to shut down prematurely or it shuts me down prematurely it doesn't save it for some reason it should save everything i do that's all just save everything but it doesn't so when it gets off bumped off because electricity is down whatever it is um so i have to put it down arrow there this is oxy so oxy i think is in the same category that it's a it's already a buy and hold if you've been holding it for a long time but at this particular point i think it's just stuck in a range um occidental petroleum training at 63.75 down 43 cents there is a falling x potential right here but wow it's gonna have to do a lot of work to be able to utilize that um it means that it would have to go at 63.75 needs to close two out of three consecutive sessions above 65 and then i'll say okay now it's going to move to the next high of in the 66s etc but right now it's just holding well if you're holding any of these multinational oils like axon or oxy um i i would not i take short-term profits at any point but i'd keep a core position look axon mobile not a great chart in terms of the daily not a great chart in terms of the weekly but that monthly says what me i'm only 110 i'm only 10 12 points away from my all my is this an all-time high in axon mobile uh to the minute yeah all-time axon mobile just get your dividends and keep your whole position short-term struggling a little bit i'll be back for the final segment does have 127 s and bs of 28 i think i still got a couple of questions that i didn't finish yeah i'll be back in a moment 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 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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 tigers as they share trading ideas news analysis and discuss the market action all trading day even at night and on the weekends the tiger's 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 don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv so i can do it at least a two-hour show this particular cup formation that you see at a peak d after g-slash c just it's amazing all right let me just do this because bank of america i didn't finish that up i went to a couple of people asked me and i completely forgot to finish up myself we had this call and i said bank of america has to start moving now it's not a great chart formation at all it's still not a great chart formation but in the aspect of the tlt if the tlt at least in the short term starts to rally so that the bonds can come down a little bit i think that should help the bank of america so yes and one particular person says i did start a position last week and now it's up so i would do this i treat it as a trade for now i don't think you've got any other choice let it go to something else later on but right now treat it as a trade at least some part of your position if it starts to fill in the gap right here and it touches the high of tuesday that's yes on monday yesterday of 26 36 i'd say you know what just take a little bit off just because it should not do that it should if if anything it should get to the top of this candle of the second which is at 27 36 but remember i said that for subscribers i chose an electronic bank financial because i think it has and with a much lower price but i think it has it's it's a stock of today this is the stock of yesterday yesterday year bank of america that has to still get into the 21st century as fully as it can so two different things and thank goodness the one that we've got is up really sharply up over three percent just today alone so that's a different category but this is nice it's up 2.95 percent you got three percent in bank of america so with that said what you want to see is the dowel off the two o'clock this afternoon 130 to two but i'd say make it two if the dowel is up more than 120 points that's good if it's given back and it's now only up 65 to 45 points just be careful because it could be a fade into the close today but uh so far the buying pressure seems to be maintained that's good have a wonderful the rest of the day i'll be back with