 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 Hi everyone, Bowser Chapman Tiger technicians hour we're looking on this what is Wednesday the 11th of May we're looking at the Dow having had of the futures up sharply yet again just same as yesterday the only difference is that after the CPI report which I think was 8.2 which higher than expected or it was in the higher range the market just tanked but we've come back strongly and I want to just mention that for subscribers to my opening call I did send out an update should have arrived just at about 10 o'clock just before I did the news and just to reinstitute the positions that we had earlier on and what we're looking at here and some of you might not have been able to get them because everything happens so quickly doesn't matter we're looking at the DAW up 234 points 32,397 so that what I showed subscribers this morning is that in the Dow chart this Chapman inside wedge target this is this is does two things one is it's a target support line in the Chapman is called the inside wedge target support line that'll pink dashed line is the one we're following but within that and it made a low low quite a bit after the left side right side price time match but it got really close on that low that was made on the 2nd of May at 32,049 now what's really interesting about this see this is the what I call the Chapman inside track propellant line if it breaks down it becomes a resistance line that's number one number two is the on balance volume this blue line is very going that was it was becoming a little bit oversold the stochastic was at is that 9% that is so ridiculously low but it can still go low remember under under 10% is like over 90% under 20% is like over 80% so we're in the in the oversold but you remember I always like to think that underneath 20% is where that's what you want if you were short you want to see the prices remain there and on the upside over 80% if you're long that's where you want prices to remain so this is getting to the level where you have to use other techniques and the techniques I was looking at to say that there should be some kind of a turnaround here or at least the an attempt is because of the power of this balance level was trampoline declining trampoline bounce level if in fact all selling was dissipated anything that happened either prior for after 830 prior to the 930 market open Eastern time well up until 10 o'clock as we come out of it there could be a lot of wiggling and wiggling but in fact what we really want to see is this the start of some kind of oversold market condition and I'll show you in each one look the S&P I lost some of my data had to shut down I know what's going on I think it's because trade station it gets so overwhelmed I haven't had that for years I might have to update and get a higher system yeah I thought it was very I but doesn't matter I'll get something if I needed but when I'm looking at the yeah I put in all these different lines I have to do them over again this is showing exactly the same thing in the S&P you've got to the chapter we inside inside track support level you hit it almost exactly and now you're attempting it's just an attempt to try to form some kind of a tradeable bounce all of these things I have to change it didn't before I lose them and not only that when I have to shut down prematurely without it guarantee that it's being saved I lose all the data that I've done much recently and it goes back and for some recent charts that are very old come back again and the newest chart I don't know how to explain it it goes into a library this is 15 years I've been trying to figure out I haven't figured it out yet when it shuts down prematurely and I haven't been able to save I lose data because it's none of this is automated every single chart that you see here is notated by me by hand so obviously there's a lot of work to do not under every chart I'm just saying the chart most recent charts and some of the very old charts I have to read you all right in fact I wonder if I even got that one that I read didn't this morning it doesn't matter so we're looking at the S&P off the low hasn't taken out the law of yesterday which was 395817 I have to change this three nine five five eight 17 I have some questions about Chapman we've on the way down is it as accurate as on the way up and the answer is the notations and everything absolutely there there may be the interpretation my interpretation sometimes is necessarily a hundred percent but everything here look I said cell signal we were just cell mode in the Dow the Dow is still in a cell mode the S&P is in a cell mode I said the month weekly charts or in cell modes and we will know very soon whether we're going to get a cell signal in the monthly charts well if you look at the Dow that's still a peak E we've gone down to a leg B and this is something I want you to show you as well look at this this is the QQQ now I have over the years a lot of my techniques have morphed they've become a little bit more focused as I've learned more about all the different techniques that I practice almost every single day many times a day in fact so what I'm looking at here is that the single leg down leg a in the monthly chart I knew it was going to happen again to me that is a PG now in the monthly chart there's no other way I can count it because we took out that left side low and that's going to be very important so that is an F there's no alternate count that is an E no alternate count and it just went up sequentially peak A, B, C, D, E, F and G so where the question came in and I've spoken about this forever that yes in the in the in the monthly charts even though I've got a leg B going to a peak B in the S and P everything else all the other indices and that's the reason why I took it so seriously and that's the reason why we are in such a high cash position one of the highest cash positions we've had a long time even taken off one of our two year I think it is our lungs it hit one of our stops the final stop so we've made huge gains and that's the last one was 59% gain we got that cash we're ready so a single leg down like a straight line move says two things to me one is that if in a shorter time frame there's a major buy signal you could have a really strong move to the upside that's number one number two is another way to look at it is you could you could have a number of bars in this time frame that have come down the straight line but the shorter time frame can give you a rally that makes a trough and then you go to a slightly lower low after the huge extension down so I'll talk about that in a moment but the meantime the dollar is up 222 the S&P's up 20 and we've got the QQ's 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 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 seven newsletter at TFNN.com when you subscribe 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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 toll free at 1-877-927-6648 internationally at 727-873-7618 Hi folks we're back and we're looking at a doll that's really uh the sellers are just salivating and that's not a good sign remember yesterday I spoke about hubris hubris for instance someone buying every single big cap or at least high tech stock with tech stock on every every dip and thinking that's great and then seeing them tumble 60 70 80 90 in some cases GT just mentioned in the email you which is not you but you're not why are you but you the symbol you we follow this forever we once I think they had a just for a day or something like this way up going to the 210 round number hi this is unity software game creating soft I remember I wonder a bit I've lost it but I think I typed it out I remember hearing Kramer interview there it is no oh no Kramer interviewing the CEO this is November it was sometime in November after an earnings report and they made a 210 round number I think was just after it or maybe just before and the CEO I I remember someone in the den and I I mentioned it you and then someone in the den said oh yeah the CEO was really going on I said to myself I said the CEO made a sound like this was just the perfect solution for every software package gaming video whatever it is it just sounded absolutely amazing like almost all the CEOs coming on for interviews on CNBC and I can't believe it because it was up it was definitely over 200 and we're at 32 dollars right now gap down earnings unity the other one a firm we were looking at that and it sounds fantastic unity game creating software the guys sounded absolutely amazing and then a firm holding interest free and interest bearing I remember the CEO the same thing if I got lost all that no there it is the peak effort 176.65 in November and 176.65 oh my it's at 16 dollars and 91 cents right now this is I don't know what I don't know what more the bears are asking for because if you haven't taken profits at this particular point and said wow that is fantastic I think you'd be a little greedy right here yes it could go broke at 16 but if you're starting a new short right here you give that's where it's far more dangerous so I just wanted to mention just kind of put into perspective what we're looking at there was there was talk about a crash coming out you know this is this is a market that's just going to wear the bulls out slowly but surely but every time you think it's great because you've shorted and you're just perfect unless you've taken immediate gains or you've gotten into those stocks that had whopping moves to the downside just the trend change was a monthly trend change not just a daily pop these very very short-term trades both on the long side and the short side they just take you apart unless you get your profits you take it out and say great so and with that in mind we've got this huge cash position absolutely I want to start putting it to work we started putting to work I hope for those of you who get my newsletter you got my update update said repeat wash repeat wash and that's what we've done I believe that this is the one that has the best chance of of seeing sustained a sustained move a daisier it does a 9300 sbs of 34 nice start look at the e-mini I drew this I didn't finish it because I was my show came back live while I was drawing but this is what I do all the time in my own work I drew left side right side price time matching the cup formation or the arch formation I drew the chaplain wave inside wedge target resistance line this is live these are people who were looking at the den earlier on during my commercial break we're looking at this and I had this as a price time move to go back to the 952 high in the e-mini s and pf 403.403 6.25 we haven't got the yet it's got another it's actually got another six or seven minutes to do it we just did it breaking out in a shorter time frame and that means this is peak a right here this is peak a this is peak b and if this is a if we push sharply above this left side high of peak d then what and the stochastic said 92 that's fabulous bank d is good that just says that we should go in the chaplain wave this is called let me just get this right here this is called the chaplain wave cup and ladle pattern not yet it has to still break a little higher in leg c I don't want this to occur in a d because then that's going to be double top but if this is a leg c it should go sharply above that previous peak d and then pull back use d as a support level if it comes back at all and then go to a leg d so it's extremely bullish on the I'm doing about a one-minute chart so that's just that's what I'm talking about if this pulls back yeah from peak c it means you've got to get limited just for the one-minute chart remember I'm not doing about a lifetime doing about a one-minute chart and in the two-minute chart you can see 40 40 is the next resistance 40 34 we've just gone above and in the week and 120-minute chart this is extremely bullish that's one of the reasons why I sent out that report at 10 o'clock to subscribers because I see enough evidence to say it might be a struggle but the low that was made was purely an emotional letdown and that strong plunge to the low of 40 I'm sorry 39 55.25 no 39 47.25 at 9 o'clock that might have been to give up from you know all the bulls that thought okay great for two days you've had huge rallies pre-market and that's going to hold enough with that I've got a lot of questions coming in let me just go to them so the TLT the TLT bonds down a dollar at 140.72 so far nothing too much has changed and what happens is in the yields oh I can do this because I had to restart some more freshness going there in the yields what we're looking at for the first time is that there is some indication that an attempt is being made by the bonds to form some kind of a base so that the yields can bump into resistance and you can see 30.18 that's already history the high already on the Y which is the TYX so far this week is 32.77 3.277 oh my goodness that's a big move to you not for those of us who remember 18 interest rates that but in the meantime that is the high and this is a leg E and this is the way exactly a leg E going just above the left side high which is this whole series of highs right here 34.55 was a high the week of the second is a weekly chart of the three yields the white is the TYX the 30 year the ground is the TNX and the cyan is the five year so we're above we're now in between that one from November of 2018 and the high that was made the first week of March of 2019 that was 18 so this is 19 and 21.29 if you want to take advantage of this sector now is the time to subscribe to my gold report the gold report is a comprehensive look at the metal sector as well as the markets that move gold which is the currency and bond markets new subscribers get a 30 day money back guarantee so you have nothing to lose every Monday morning I publish the gold report with coverage of gold silver bonds the XAU HUI GDX as well as more than 30 different mining equities to see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting tfnn.com don't miss out on the next great gold trade sign up today tfnn has just launched their new trading room the tiger's 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 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think or swim banner on the front page of tfnn.com everyone want to stay on this page just want to show you the rectangle formation and the wood ice yes dribble tip and frosty yeah going towards the bottom of the range is trading at 86 right now it made an all-time out of 98.98 and the key support level is at about 84 maybe just a tad under but around about 84 83 to 84 and it is trading at 86 right now 86.09 and the hgx which is a Philadelphia housing index underneath this rectangle trading range made of one arch and the second arch like a really large lopsided m formation or a failed cup formation and now it's trading at 390 it is up 58 cents on the day so this is telling me that there's a really good chance that yields on the shorter term maybe it's sideways it doesn't say it's a major top it doesn't say it's a major sell signal it just says if the high of 3277 or 3157 for the tyx and 30 year t-bond yield has a pullback it could pull back to maybe the 27s 28 to 27 area 2.8 2.7 area and they maybe go higher we'll see but that's I'm just wanting to show you this chart just to say that there are signs enough signs not all the way around just to suggest there may be some of the inflationary aspect the market can start to respect that some of the inflationary aspects are not there now I can't say that if I'm talking about crude oil up five bucks at 104.73 a guy who's doing some work for me said that he's he got this eight months ago you got this Mercedes van and he especially chose diesel because diesel was lower than lower than the petroleum products and gas and he's telling me a couple of days ago he says I can't believe it I I don't even fill up my truck anymore it's just it's just too expensive because I'm using diesel either does anybody out there know I should have looked it up yes anybody out there can do you know what the diesel I don't ever I've never looked up this is the diesel futures I even know what the symbol is so just anyone if you had any point if you get a chance I guess I could put it in here symbol for diesel futures that's no that's heating oil that's not diesel I get a show I don't know what it is um six dollars a gallon futures oh my god uh wow and of course in europe a lot of people drive diesel cars okay so vindiesel yeah heating oil I can do look ho of course I haven't got it updated this is the one that I think I did last night did spend some time on because I'd really lost it once and let me see if I've got it was it just a naked naked chart no no there it is oh no this is the old chart and I redid it so this is going to a pd heating oil acting quite well today um I remember this is a brand new a yeah let me just do this look there's a new all these letters you see because it gets smoothed out this is the continuous contract so it always gets smoothed out so I always have to change where the letters are not the letters themselves just where they are because they always that's why when I have a stock split you can see that um so this is a plus sign on that d and heating oil healthy look the nine over the 14 is still very very strong that means that they're still and this is folks I don't ever tell anybody this I'll break it to you very gently this is the spring and in some cases it's already the summer and heating oil is up at 4.04 4.04 it was back in March at 1.95 I can't believe this I have to see this again it was at 1.95 on the 15th of March the low and the high just on the 2nd of May was 4.27 you know these prices I this is something we I remember somebody in fact somebody sent me a note that I wasn't going to mention it because it sounds like it was a political statement but it absolutely wasn't you remember over a year ago about a year and a half ago I said uh oh Jimmy Carter Redux get your sweaters ready um and I suppose it was a political statement but it's just that I was looking at everything I was looking at oil I was looking at a bunch of things and I said oh no do I have to live through that Jimmy Carter period again I yeah yeah that was not pleasant um I'm not doing about him as a president I'm doing about the period of Jimmy Carter um wow um whoa that'll be tough so we'll see and meantime back at the ranch uh what we are looking at here is the Dow's giving back a little bit it's down up to 35 as it means up 22 this is a this is a shake and bake moment it's a it's a period where there are enough there are enough signs of an overbought oversold situation an overbought situation in the VIX index let me just go to the VIX but it still says I do not want to put a huge amount of money to work here I just want to I want to see I want to use a sieve to see which which stocks on the upside can break through barriers and show me over the next week and a half if there is a rally where the strength is is a Microsoft fantastic company well I just want to mention the VIX index is down $1.50 a 31.48 it's ignoring any market weakness so far we'll see if that can stay through the day look Microsoft should have had a much better balance it's a great company but maybe this is what I was talking about yesterday when I said I think that the roll over and the reason why I don't think the question was have we made the low or is this going to be a really serious low and my answer is no I think it's a series of lows it's an earthquake and a number of after effects the the tremors and because of it you'll have select moves to the upside and unless I can pick a particular stock that I really think is absolutely fantastic I have one on my list that I'm going to start we're already long I'm going to start adding adding to it yes JB I remember 1970s very well I also remember it as a fantastic trading period the the latter part of the of the 70s when I got back to trading and Grandville was around and I that's where I developed a lot of my indicators because I used to get buy signals and then suddenly I read that Grandville got a buy signal and then I get a sell signal I'm usually I've got sell signals because I had done real well and then all of a sudden I was getting in and out and in and out and giving back huge gains and the market was getting nowhere and I said oh I'm out of here and I'd wait for the next signal and then I noticed how it corresponded to Joe Grandville remember Joe Grandville 1970s I know people make fun of him he was fantastic comes the 80s something just I don't know what happened to him but it was just terrible but anyway that was for me the star between him I think it was Stan Weinstein oh it was what he said where's the book right there the day trader was it the day trader oh let me see if I can look to the side here oh this is a oh Jake Bernstein another one Jake Bernstein I used his book that's where I really started using these MACDs and stochastic I don't remember if those are the ones that you use but I remember that's when I started using those that and that's like about 30 some girls up 350 now and I like that I'll be back in a moment buzzer chap I'm talking about trying to hammer out a bottom and I'm gonna just run through stock they got a homeless so yep yep sorry are you in the market for buying or selling real estate in the bay area including the surrounding st. Petersburg Tampa and clear water markets tiger real estate LLC is a firm that has extensive experience in the Tampa Bay area whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property tiger realty has the experience across all areas of real estate in the Tampa Bay area to help buyers and sellers make the most informed decisions across all price levels from the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating tiger real estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future call tiger real estate LLC today at 727-329-8322 or email us at tiger at TFNN.com that's 727-329-8322 call us today the technology around us is changing every day with so much happening it can seem impossible to keep up with all the information David White's investment newsletter the technology insider is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future David White has made his living staying on the cutting edge of technology his weekly newsletter will give you specific recommendations for value tech stocks as well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every Friday with updates throughout the week you can get the technology insider at TFNN.com for only $37.50 sign up for David's newsletter the technology insider and get an inside look at everything the technology sector has to offer try it risk-free today with our 30-day money back guarantee TFNN educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade labu or labd directions daily s and p biotech three times bull and bear ETFs visit direction investments.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 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 dance tfnn.com then hit watch tiger tv you know what today's Wednesday maybe tomorrow i'll have a little fun we'll do this live now we're talking about live you've got um ladies' event coming up tuesday it should be a phenomenal program a phenomenal all-day webinar just check it out front page of TFNN you know how good Larry is and you know how great he is when it comes to these one-day seminars and i just i recommend if you are serious about about using learning and using your techniques live and watching it done live and following it live and learning nothing could be better here we go we're looking at okay i got questions here let me go um we've got apple question about apple what do i do about my long-term buy and hold in apple what you didn't tell me where you got in all i can say is if it's a long-term buy and hold i don't see apple has revenue coming in um oh and we have a caller we're not not only do we have revenue coming in but we have a call we got mike in cresco Pennsylvania hi mike how are you do i have mike hello yes yes hi mike how are you hello hello you're you're on what would you like to look at basso i got a small position i picked up this morning in s s o what are your thoughts on that i have a resistance area that i'm looking at at around $53.33 what what this is going to be just a short-term trade with a tight stop so under the conditions that we're looking at right now i do not at all want to change your thinking because you stated very clearly what your objectives are so because this is the s and p pro shares ultra s and p 500 you're looking at a multiple of just the s and p and the spy itself so let me just show you a couple of things here i think oh i probably lost it now i've got the data i've got the spy itself do you mind if just for the moment i go to the spy because it'll be obviously applicable to you okay so in the spy the way the three now i got a double check was that the exact low uh three that 394 82 yes was the low yesterday today's self was so intense and yet it did not take out that low so because you and i in the same position with a multiple uh you've got the s s o to subscribers we've got something in one of the indices there's also this is a three times long we're in the same position so the first thing that we've got to look at is i'm using the spy as an example the sqq has exactly the same pattern let me check it out sometimes it's slightly different but this should be exactly the same why is that it's sq um no come on what did i just do so s sq why is sqq is at sq s sq why am i not writing it correctly it's not coming up uh let me get that question again uh s s o where did i get a cue from s s o okay you know it's one of those days i've already had a shutdown or lost data and i got back in time and then i managed to get an update for my subscribers it's just be one of those days so the ssq is oh it's slightly different my eye picks it up is slightly different yeah slightly different because the angle of today's low is just a different different to the to the um spot right so what i'm looking at here is what you want to see first of all you have a stop in on your s s o at this particular point um i'm just i'm just trailing in i can't tell you exactly where i have it at at this point okay but you have a stop in mind and you're using it as a training that's all i want to know that's number one number two is what i really would like to see so now let me do all i want is the kickoff today if we get a really good kickoff and a decent close a decent close for the s s o at 51 70 right now would be anything above 51 62 higher preferably more short covering uh comes in and the shorts don't have the power to push it down very much and you go above one penny above yesterday's higher 52.41 starts gray leg a that's what you really want to see i've got a lovely v shape in the on balance volume the stochastics at 8.72 hopeless it just needs to cross it move up the mag d is is not great so you need price to lead it okay so this is what i'd be looking at in fact i'll use the ssq right now because that's what we're looking at together the high that was made yesterday in the 120-minute chart of course is the same numbers at 52 41 that's still quite a way to go on the upside so what i would say to you is i don't want to interfere with your trading short the only thing i'm going to suggest is if you have enough of a position if it hits your target on the upside and for me the big test will be the gap uh 1130 uh open where the high was 52 57 and the lowest 53 17 if by Friday without pulling back sharply we've actually managed to fold that gap in the 120-minute chart there was the gap the ninth then i'm going to suggest to you in your mind you might not want to do this but in your mind you want to say you know what i've got a trading stop hopefully it's held and i'm going to take something off because that's what my goal was this is this is just a suggestion i don't want to say you have to do i'm just saying this is the way i would think about it why because if by thursday afternoon going into friday there's actually been a strong move to the upside that's being able to hold most of each session that's just going to change the minds of a lot of people to say i better start covering all those shorts and they must be i mean when i look at the put call ratio i haven't seen it lately but it was getting very very heavy on the put side i suspect that you've got a rally that 53 68 is the nine-period moving average the pink nine-period moving average on the sso i don't want to get carried away i'm just saying if we do get this kind of a rally and the tentacles are going to take much more to improve i would take off my goal but i keep something on the side saying you know what if it goes higher i'd rather have a trading stop on the leftover that just locks in at least a pretty decent profit on that leftover section and keep you in the trade because your mind will be clear you'll be able to know whether you want to add to it by thursday afternoon friday by friday morning we might be looking at the sso back at 50 but i'm just saying there's enough there's just enough evidence right now for me to say a very over sole condition can become more than just a bounce it could actually become a trade into next week and that's all i'm saying to you so don't don't change your goals i'm just saying maybe if you do hit that goal you can keep some of your position and then call me again where would you where would you think would be a good place to have the stop because i'll tell you what i'll admit i'm not i'm not very good at where i place my stops a lot of times because a lot of times it gets hit and then it takes off higher so if you're looking at it like on a 30 minute chart okay where would you where would you want to keep the stop at so you see how it's pulling back from this is actually a peak in that one minute chart in the e-mini it's pulling back but it's gone to a leg b and that tells me and stochastic and the e-mini is the 10 minute chart is still at 86 that's good mac d is good so let's take you and grab a 30 minute chart if i can find one right here um sharpening 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swim banner on the front page of tfnn dot com hi folks we're back i didn't realize that my the commercial didn't come through until i my engineer reminded me that i was in a break sorry um so what we're looking at here is the there was a sharp pullback to the 41 11 level so what i'm going to suggest to you is um you've already had a gain in this and now you might be like break even is that correct okay i bought at $50 and 50 cents oh my god now is that $50 and 70 cents you think that's good or you think that's fabulous you know i was i was getting that you're within within pennies of what i was going to say to you and not knowing where you got in just looking at the chart because it held 51 11 the 200 period moving average in the one minute chart on the s s o if it pulls back further now it's really going to test the 51 this is exactly the moment where the shores have to say ha got you again and then the bulls come in and you have to move higher this is really important so you you got in beautifully and you've had a pretty decent rally all the way to the you know in the 51 90 area now you want to see you move up right now so this is what i'm saying to you stay with your stops you have to now take out today's high of 50 50 190 as soon as it does that start implementing a higher short a higher stop and that and you can move it up 50 cents or say you feel comfortable with the stop just continue if you get taken out you can always do it again but you don't want to lose money now right now you're making money staying that making money position so that's i keep that same stop move it up about 50 cents or so if it can get to 51 92 and i would do that i i'd use the same increments on the way up if you can get there if you're still staying in along i at the close today then i would you know what if at the close today closes near the high why don't you take a little bit off because anything can happen overnight absolutely okay hey thank you very much for calling i appreciate that and we'll we'll find out tomorrow how this one went thank you very much bye mike let me know uh folks uh we're gonna wrap it up now i didn't get all those stocks out tomorrow