 The following is a presentation of TFNN, The Tiger Technician Hour with your host, Hazel Chapman. Call now. Call free at 1-877-927-6648. Good morning, everyone. Hazel Chapman here on this Monday. This is the last week of March. This is Monday, the 27th of March. We're looking at the Dow 202 at $32,440. This is the daily on the left, daily chart, weekly chart, and the monthly chart are really telling us a series of stories with each one being a little bit different. For instance, the daily chart says lower lows and lower highs. That's a down move. But if there is a move this week towards the $32,900 level and preferably into the $32,000, that's a big ask, but it could be done, that would say maybe we've got a fulcrum right there on this low of $31,429 back on the 15th of March, and that we're now moving towards the upside. The tide has changed. It hasn't yet changed, but it's attempting to. The weekly chart says, I've spent ever since I broke out of this Chapman Wave inside track repellent zone back on the 11th, the week of the 11th of November, I've spent all my time closing above the green line, which was resistance and now is support. Therefore, if there is that move into the $33,000, we're going back into that rectangle, which is really very important, but until we do that, there's a lot of work to be done. The bank is still weak, the stochastic is down 15%, 18%, on balance volume is turning up. We've got that pink 9-period moving average, it's a long way to go to cross positive. Can be done, needs to be done, hasn't been done. Weekly chart says, well, this is the start of an age pattern, but it's stalled with so far on a monthly basis, with the price almost at the open of the month. In other words, we opened the month at 30, oops, if I can just get there, now why is that not showing? There it is. At 32,656, and we closed at 32,432 with a long wick on either side. So it makes it really important, and it's L. That means that the 9-period moving average for two months now has been above the black line, the green is positive. And yet, you've got a W formation in the monthly chart that needs to see this right side, cup formation, push the green 9-period exponential moving average, that's the differential, 9-period differential, above the red, the slow moving average. As I'm saying that, I'm thinking to myself, wow, I spent so much time with Dave White, late Dave White, talking about these 9-period moving averages and how important it was for me, using the exponential and all that, and he developed his 9-oscillator, which he used very proficiently, really terrific use of a particular technique that he just formulated from the evidence that he was looking at. So there I am looking at this. I'm saying, so the evidence looking at the daily chart is slow week, but the MACD is starting to move up. It's cross positive. The 9 is trying its best to cross positive. It hasn't yet. The weekly chart is still negative in all sequences. The monthly chart has had at least one part of it turn up. So there's a real mixed picture, but wait a minute. If you look at the S&P, I'm doing this because it's Monday, and we need to get a sense of what can happen this week. You've got your Chapman Insight. I don't want to spend time on this right now, but this is what I call the Insight Track Repellent Zone. It's in a falling-axe formation. That just simply means that the lower highs and much lower lows, and then it forms kind of a cup formation, trying its best to move to the upside. We'll see if that can happen. I think it is. I mean, I spent some time over the weekend because I wasn't able to do my video because I was out of town, and I must I was in Philadelphia. I haven't spent time in Philadelphia for just a long, long time. What a charming city. I really liked it. There's a lot of brickwork at anything that's put up in the, what is it, Society Hill area? Yeah, that it needs to, even if it's modern, there are certain aspects that conform to the patterns of the brick buildings. And it's just really nicely done, even the modern, I love the modern buildings, different designs. I was very impressed. I like sometimes to spend a little more time there. Anyway, so what we're looking at is the S&P, all it needs to do is to break above at 39.94. It needs to get back into the 4,030s. It shouldn't be difficult to do. And if we can get to do that, it could go to Leg D above 4,039.49, the high of the 22nd of March. I don't think that's a big ask at this particular point. Look, the Magdy is good. Stochastic starting to rise, not great, but it's okay. The unbalanced volume daily is moving up nicely. The nine is today, as I said, crossed over. I want to see that through the close today. First time you've gotten an L, meaning nine over the 14, to go green since it turned negative back on the 22nd of February. So that's going to be very important. And that's going to help the weekly chart, because the weekly chart is being green all the way through ever since it flipped to positive back on the week of the 6th of January. Around about the 3,800 area. So this is very important. And the weekly chart says, I've held the inside track repellent zone. It's become the propellent zone. So far that's good. The Magdy's just barely positive. That's okay. I just say, I'm barely positive. Now Stochastic weekly is turning up at 40% needs a little bit of work. And the monthly chart, I'm going to just say, we've got all of the months to go five days before I talk about the monthly chart. But wait a minute. This is going to be really interesting. QQQ, all the Qs need to do, they're only up a dollar right now, 31.92. All they need to do is to break one penny above the high that was made four, five sessions ago of 315.25 and that will start legs C. At that particular point in just pattern, I'm not talking about patterns themselves, the NBX once again starts to become a leader and especially if you're looking at the weekly chart and it's not even come close to the nine and 14 period moving averages for a couple of weeks now and the monthly chart finally starting to improve. Not great at all, but it is improving. IWM, I'm just going to spend a moment on IWM because these Russell, the iShares Russell 2000 ETFs to small caps are not doing very well. They're trading at 173.47, up a dollar 69, best percentage out of all of them, but it keeps doing that and then it fails. So far it needs to get to the 183 level by the first week of April for me to say, hey, now the Russell 2000 is starting to move better. Okay, now I need to go to gold. Gold was down very sharply as a store. Yeah, it's down 34 at 1949. If you put it together with silver, remember the way I looked at this is that gold was reflecting the hazardous moment or moments in the financials. I might be wrong. That's just the way I'm looking at it because you didn't see quite the same movement in silver but then silver likes to catch up. So silver's caught up a little bit but it's already a leg deep. Pulling back could make a big, deep day. So I'm just suggesting to you that the metals, the precious metals right now are not quite as important as they had been, had been. And look at the XLF, XLF is attempted. Oh, spend as many times as you want. 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. 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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, the Tiger's Den. Available to all tigers and tigeresses for just $1 for the year. There's no catch or added costs when you 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. Folks, we're back and we're looking at giving back some of the early gains up 182 SPs of 17. I've not been a great fan of these big moves at the upside early in the morning lately. I prefer if it's down and then it closes higher. Going up says, ooh, you've got a chance now that you could pull back at least into mid-session and then maybe later in the day. If everything holds, then you could suddenly see a big move to the upside. That's the way I'm looking at the market right now. Just within a range, big swings. The yo-yo continues. Up, down, up, down. That's a confirmation or automation rotating like a sign rate. So there's the financials now up 39 cents, 31, 38. I had a really big move from the 36s, almost 37, down to the 30 level, 30 and a half. Oh, a lot needs to be done in this particular department. But I'm looking at this and as I did some work over the weekend, it appeared to me that if you look at certain sectors and then certain stocks within the sector, quite a few of them are ignoring completely the overall market downtrend. They're in uptrends and they're stable, they're doing very nicely. If you're looking at the area, even within the areas of say, even the financials, there are some that are holding quite well. But if you go to different sectors, I think that's where you get the evidence. For instance, SMHs, semiconductors. Look, down today, 41 cents to 254.21, kind of stuck in this range. All they need to do is pop one penny above the SMH, that's the SMH to semiconductor ETF, market vector semiconductor ETF above 261.92. It parallels the high that was made a couple of days ago. At 93.93, it starts at egg C. And that's all you need to see. And if you consider what's going on in the market, look at that weekly chart. That is, hey, that's very good action when you consider what the market's been doing. If you look at the monthly chart, it's a very big improvement. It's almost a 50% retracement, 318 high, down to the 196 low and now at 254. Kind of halfway. I think that's, that just says that there's a rotation going on. Don't get caught up, I assume, just someone over the weekend who has a bond company and that's not the bond, the jail bond, this is a bond market. And just shaking his head saying, wow, I don't know what the Fed is really caught, I mean, we all know this between a rock and a hard place. What can they do? His fear was that rates would just keep going up and going up because there's just so much debt. It's the debt part of it. But I think that's, I'm not gonna disagree with someone who's trading huge, huge amounts every minute of the day. I'm going to say, I agree, but when it comes to timing, I think the timing in between is going to be very different. That you can't just put a blanket statement down and expect that it's all going to unfold as you're speaking, no, I think it's a process. And this process is telling me, and this is what we're trying to do at least, I'm trying to do for my subscribers to my opening call, be selectively going into the market in certain areas. And now I'm widening the stops because now I think the last two weeks has given me a sense of the trend of these particular instruments and now I can make the stops a little wider. That's my feeling right now because now I don't want to get whipped sword and then the price of whatever it is that I'm following goes even higher. I want to take a little bit more risk and that's a big difference to what I'd been doing before and I think subscribers are going to feel, I'm hoping that they feel the benefit so far. It's working out that way. Now what I'm going to do is I'm going to go to the IYT. IYT is the transports. So the transports took a huge hit and that's to me, this is part of the whole panoply of looking at the different sectors. This is the IWM, I shares, I love this, I shares Dow Jones Transportation Average Index Fund called the transports. So within that context, it's 247 back in the February the second and low and bold on Friday is trading at two, I think it was 212, what did it, 211, 212? Yeah, 212.80 was the low and now it's at 270 and attempting around it. So that's the overall transports. Look at jets, this is the US, there you are, big move down and that kind of replicates what we're looking at in the IYT. But if you go to CSX, if you go to the rails, the rails within that, I think in the transportation, I believe they have Federal Express as well. Look, Federal Express is at the most recent highs. So in October low, a couple of weeks ago, it was making recovery highs. Oh, it doesn't tell you about the monthly chart was up in the 320-ish area and plummeted down to the 140s, but it does say that there's a big difference. So I'm looking at this, I'm saying be selective. If you're selective, you have a greater chance of being long. If you're not being selective, there's a chance that you're in the crossfire of what could really be taken down. In the den, just a quick mention of Nike, and I'm quite strange on this green day. Nike, it's very interesting. So Nike is trading at Nike Beastalk, trading sports and sportswear trading at 119 down one. But if you look at the weekly chart, even though it's way off the highs, look at this, it's trying to form some kind of a cup formation. So once again, here we are in the sportswear area, something very different. I heard a ping, and I'm going to go right here to see what the ping is. We've got Mike in Kansas City, Mike, how are you? I'm great, Basil, how are you? I'm well, thank you. Hey, I've been very busy in my professional life lately. I haven't been listening to you like I used to, but I think there's one thing that you've commented on for, I mean, I've been listening to you for like 15 years, the Japanization of our bond. And I was just curious with the ramp and interest rates in the last year, if you think that that's dead or that's still something that could happen in the future or that game is over considering kind of the ramp that's gone on, I really appreciate it. So, hey, thanks, thank you for listening and I've always appreciated your calls and your listening. So for, I mean, since 1990s, I've been talking about the United States will Japanize my thinking was that the United States would Japanize bond deals by going to try to also go to zero. And that would be almost a competition amongst countries. Well, we saw that about a year, about, I think it's now more than a year ago. We made that peak D back in 2020 in March at 179.90 in the TLT, then we pulled back and then we started this arch formation as we're making that arch formation. I believe it was a little over December, a little over a year ago from December. So it was somewhere in this period here I said, you know what, everything I'm looking at says to me that there's a really good chance we are done with that whole phase of the Japanization of our bond yields. And I'll talk about what I thought could happen. If you've got a moment to listen, I'll be right back and we'll talk about it. Mike, we'll be back in a moment, hours of 189,000 Chapman Tiger conditions, hour with Mike in Kansas City. We'll talk about the Japanization of our bond yields as it passed. 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. 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For more information, just click the Think or Swim banner on the front page of TFNN.com. Hello, is your bag? Mike is still there? I'm not sure. Let me see. Sir, if you're here, just say hi. While I'm talking, that's fine. I know you're there. I know you're listening, but anyway. So this is the issue. For quite some time, and when I say quite some time, I would say I'm not as precise as I should be because I know it was just something I would rant about periodically, but I was saying because the market is moving out from the 2009 low, it was really important for the Fed to say, okay, you can give it a few years and then they got to like 213, there was a consolidation to 13, even in 214. I was saying, wouldn't it be right with the demand in business for bonds to be able to raise the yield? I mean, that's what you do in business when there's a demand. You have the opportunity to raise prices. You don't have to push them much high, but proportionately to what you think the market can bear. And yet the Fed kept the rates lower and I couldn't understand why that happened because it was an aberration to, at least for me, the thinking of demand and supply. And in this particular instance, you can see that as we went to that TLT high back in, that was March of 2020 and the TYX, I'm just going to go to the TYX for the moment. I should go to the tenure, but also typed into the Den or once I'm typing into the Den, I might as well do the TNX. TNX, I hope I've got it all updated. Yep, I have. You can see as it screamed higher, that was 2020, 32.48, 3.248. It did come down sharply. This is the yield into the March 2020 low of 3.98 or 39.80, and then it started to rally. And that was only because that huge low that was made in 2020, and we are still actually along the diamonds from that exact day of the low, the Fed got scared. And that's not the job's charter. The charter of the Fed is to really analyze and be very specific. And they should have said, we are going to raise rates according to the supply demand, and they did not do that. So the answer is, I think there's been a seminal change. I think that change is going to be noticed by the market. It is right now, but at the same time, I think all of those of you listening out there who've been in the market long enough, you just know that the market adapts. If yields are going to go up, the market will adapt to that. What it doesn't adapt to is to crises that come by in greater frequency. And that's what we're starting to see. So an answer to your kind of your statement and your question, like I'm going to say that we are done with the Japanization of bond yields. It could return at some point in another form, but the whole idea that it was 30, I have to tell you, it was probably over 30 years that I've been talking about the Japanization of bond yields. And because it's not a daily thing that I was talking about in terms of timing, it's something that kind of got ignored. But I made it a theme for years, decades, the Japanization of our bond yields. In other words, going to zero. Now I think that tide has turned and what's really important about it is that now it's a way more different as what I was talking about, this bond yield. It's so much more difficult for them to do it under these conditions where in fact, they don't have the wind at their back. In fact, there's a wind right in front of them. And yes, they can do it. They should do it, but it's going to be much tougher. But markets are adaptable. They get used to it. I don't think it's going to be very long before the market decide, okay, well, there'll be higher yields and we'll just move on and they will find that's the reason why I'm saying this is the opportunity to find certain areas that might be affected, but not as much as some of the others. And that's really what I'm saying. So the answer is I think it's done. It could become back in form A and form B and form C but the whole thesis, that whole mega tidal move, the super tanker can't turn on a dime, it's taking its time, it's not a speedboat, it's taking its time to turn the corner and yes, it should be rates going higher. That's all I can say. And that would be momentarily, we could see little bits of a decline in the yields, but my thinking is that they get to remain elevated at least for a while, at least for quite a while. So we'll see. That's all I can do. I'm not an economist. I'm only doing it from experience and looking at the charts. So I just wanted to show you, we did make an unusual peak G in the 10-minute chart. There was this double top that was made, one was just before eight o'clock. It was right there in the E-mini at 10 to eight, at 4,030, 375. And then again, it went right back to 4,034 and 20, yes, and 25, just 50 cents higher with all the technicals failing. Now we're pulling back. I'm suspecting that at about 4,005, that's where you're going to see. Is there going to be some kind of support coming in? Dow's still up 137, the S&P's still up eight, but as I say, I don't like those moves to the upside early in the morning. And then when the market opens, they continue because it seems to me there are so many people wanting to short. Now it's going to be the opposite. There are so many people now taking opportunities and saying, aha, I told you so that I think later in the day we'll see another rally. That's what I'm thinking. Doesn't mean to say that it's going to happen, excuse me. So within that context, what I am looking at here is, let's just get out of this. I never finished. I wanted to show you crude oil has been making lower lows and lower highs for quite some time. Now it's attempting to stabilize. It's in this rectangle right here. Remember, I said one to one to the downside could take it on the continuous contract to 64, even 62. Maybe even 60, but 62 was the area that I thought we went down to 64, not trying to rally. But I think that crude oil is stuck in a range. Now this goes to the question that I was asked. And within that context, so Mike in Kansas City said that it always heard me talking about the Japanization of our bond yields. When you're looking at crude oil, this is the way things sometimes work. So yields going higher says that it could see a slowdown in the economy, but a slowdown in the economy says, whoops, maybe the Fed should be lowering yields. So you see the dichotomy? When you're talking about crude oil, crude oil keeps making lower lows and lower highs. Crude oil is telling us that there's a really good chance that the whole, oh, how can I put this? Yeah, the whole spectrum of the war, Ukrainian-Russian war, the whole idea of oil becoming scarce and scarcer is not out there. And is it now because we're looking at the economies around the world slowing down? And my suspicion, when I did a little work on this, and I wondered about this, because I mean, if anybody's wanted to get into a hotel recently, wow, it's not easy. And those prices are pretty high. So when I look at this, I'm saying, okay, where is Marriott? Well, Marriott is up pulling back, but it's up near the old time. I have 195, it's at 156, but when I'm talking about it, I'm talking about in terms of the low that was made back in the 130 area. So it's more in the, a little bit in the lower range of the halfway market. But look at the Syntas. Syntas is holding very nicely at 438. But if you look at high, and that says that the economy, there are a lot of people wanting to, in those jobs, look at high grade proper, it's in the lower range. 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Hi folks, so I wanna just do a little more of this and then tomorrow I've got questions about stocks and I'll get to those tomorrow. Just general questions. So a question in the den was, what would change your opinion on yields back to Japanization? And what I would say is this, that at some point in the next six to eight weeks, I think we just gonna get a plethora of really bad economic news in the sense that the job list numbers are starting to climb. I'm already seeing it and I'm already hearing it from people in business that things are changing, actually have changed for some people quite dramatically and I think that's going to be reflected. And then at that point, the Fed might not do it, but they might say that they're going to, there's a chance that they will lower yields. But until you get that evidence, I don't see how the Fed can change, they just do not wanna change their motors up around it. They should not because, I mean, they should not in terms of their charter, whether they should or could or whatever else in our thinking as a lay public, that's something completely different. As I said, I couldn't understand why they didn't raise a raise for a long time. We would normalize things, you would have been playing a slightly higher premium, the market would have counted. Now the market is taking into account that they are gonna be higher yields and it'll adjust and it'll be a big, maybe disappointment, not even a pleasant surprise, but a disappointment if the Fed suddenly says, oops, we're going to lower yields because that says, oh, things are really not good. So it's quite a complex situation, at least for us, you can imagine how complex it is for the people who are getting at the Fed who are getting all this information, they're just getting inundated and whatever your opinion was, it gets reinforced, whether it's for or against, you can see, and at some point they'll all agree, maybe that's the point where we say, oh, a mistake. All right, so that's my answer. It will, the yields at some point should come down a little bit, but I don't know if it's that soon. Okay, next question was, oh, where did it go? And this is a question I'd like to get to right now, just before I get to some stocks. Hi, Basil. How do you see the markets in the short term, two-hour and daily charts? Dow or QQQ would be great. Thanks, Kevin. So what I'm looking at here is, I'm not gonna just tell you our positions right now for subscribers, I just, you know, we've got these, when you're just starting positions, it's not fair on subscribers to yell that out. So I'm just going to say, this is what I'm looking at. In terms of the QQQ, QQQ, the index 100, this cup formation, holding well, making a little bit like a cup and handle, not one of my favorite patterns, but in fact, we did go higher than the 313.38, but didn't close above it. So for me, it negates the pure cup and handle formation. If it didn't make a high, I'd say, uh-oh, but it did make a higher high. And it is, I can call it an alternate count, maybe a D, but that just, nothing fits because this low that was made in the QQQ right there on the March the 13th, yeah, March the 13th at 285.19, the MAGD was turning up. This stochastic was already making a higher high, the on balance volume confirmed the rally to the upside. Everything here actually looks pretty decent, but I never negate the idea that when you're bumping to double top resistance, you've got to be careful. So this is what I'm saying to you, Kevin. What I need to see is a move into the 315.80 to 316.30 area, and it needs, I need speed. You know my rule, 136, meaning a rest of one bar before you go to the next higher high or lower low, that's really, that tells you that you've got momentum to that particular trajectory. If it takes three bars, that's okay. If it takes four bars, you're starting to slow down. That's not a big change. If it takes six bars, it's almost like that move to the next higher leg up or leg down. It's almost like it restarts and that should start a much bigger move because if it's just a single move up, especially at a double top, that's a problem. So I'm making it as clear as possible. I like what I see in the daily in the QQQ. I like what I see in the weekly, but I do see the chance that this whole area of the 309 to three, even three 16 area, it's kind of resistance that it needs to break. I think it is going to break it. And the monthly chart is really starting to improve a lot in terms of the candle, but we've got a whole week to go before this candle is done for March. So I'm not gonna talk about the monthly chart. I'm going to say that MACD histogram is finally starting to improve and the stochastic has finally turned from under 20% to 24%. These are all good things. So just to sum it up, I'm positive in the sense that I'm looking at higher prices for the QQQ, let me just do this right here. So this is peak A, peak B, peak C, peak DE and now it's gonna brand you A, yes. So it confirms what I'm looking at in the rectangle formation of the 120 minute chart because that's what you wanna look at. Oh, I didn't mean to do that. It's one of those days I can tell I have to go back here. I have to type in 120 minute chart and oh, what a damn nuisance. All right, folks, just give me a second. I'll do this right now. What am I looking at, days? No, days, I don't want days, I want minutes and I want 120, oops, 120 minutes. There you go, okay, we're all set. There you go, 120 minute chart is right there. So you've got your rectangle, I need you to see a push much higher into the 315, 316 area, that'll be very good. Now, what would be the negate, the strength of the Qs? Even if it's just short term, a slide under 306, a close under 306 is, oh, I don't know what you're thinking about, I have to take a lot more effort before I can build up strength to get into the 316s. Probably I'm gonna do 309 to 304 before that. I don't think so. I think this is a market that's restless for some kind of an upside break. I don't know if it'll get it, but that's what I'm thinking. And the Dow, the question was the Dow. In the Dow, we're looking at, a lot of work needs to be done to get to leg C, but if it does that, this week at any point, if it goes to leg C above 32,762, not on a closing basis, just has to get there. That's gonna be a really good sign to say 32,900 becomes the target in March. A lot of things going on, but that's what I'm looking at. Please review the two-year bond. Oh, give me that two-year bond again. Why do I not get it? I had it and I wrote it down because it's just not one of the things I use all the time. And I know that Koda had asked me and he gave me a symbol, T-Y-U, something. What was that, T-Y-U? No, I don't think so. I don't have the symbol for the two-year, but let me show you something else. And let me go back to this, TLT. I never had a chance to show my subscribers this over the weekend because I was not available my office to be able to do it and I haven't yet quite figured out closed workspace. I haven't yet quite figured out, there we go, how to do this remotely. I will figure out, I'm gonna have to do that at some point because I'll be away, but there we go. So I'm looking at, this is the, there we go. So we're looking at the three, my triple-year bonds, my weekly trip to UA. Okay, I think I'll get there right now. So this is to get this up. This is my triple-year chart, this is the figure to get the five-year and it's perfectly fresh. All right, I'll do the three-year. I'll be all right, that's a trap. 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 hours. And now they are expanding their reach with the Tiger's Den, available to all Tigers and Tigresses for just $1 for the year. There's no catch or added costs when you join our community of traders. 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For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys and stock prices. Get the opening call newsletter by Basil Chapman in your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com, educating investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pesavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today, TFNN.com, educating investors. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Oh, so going back to the question about adding to the TLT or the TUA, which the TUA is the two-year. I think at this moment in the very short term, I would just hold off. I'd hold off maybe just for the moment, maybe a little later in the week, I'll say yes. I think that market is trying to rally and I got a feeling that bonds will pull back a little bit. Just as the dollar is, look, the dollar is pulling back a little bit. It should be rounding, it's not. It should be rounding because gold is coming down, why? Because the XLF is attempting to rally, I said. I mean, it's not great, it's just attempting on the day. And that's gonna happen a few times and it might not succeed by holding the 30 level, but it is rallying. And that's just telling you, the big crisis itself is not over, but the fear factor, I think, is just lessened at this particular moment. Okay, so within that context, let me just go to the VIX index. There were a couple of stocks, nobody was in a hurry about the stocks. They wanted to look at today, just in terms of in general, so I'll get to it tomorrow. 2,145 on the VIX. It's under the 200-period moving average. If this can stay low, if we can get back into the 20s, that's gonna be a big thing for the market. FXI, someone said, GT said, puts on the FXI. I think right now on the FXI, although it's not great, it's down 60 cents at 20, 20. I think if the market, our market rallies a bit, I think it too could rally. I don't think it's gonna be the big move, but I'd just be careful about puts. If anything, I'd rather be looking at calls if you're only looking at options. GDX, GDX, I didn't get to GDX as pullback sum, but it's holding quite nicely. It's a 3127. So I don't think, and GDX, oh, it's 20,000, the whole crisis, the financial is not over, but just for this particular phase, maybe it's a brief investment, but I'm happy. I'm favoring the market right now. I will see what happens. I'll be back tomorrow, 6 o'clock for the rest of the program. Steve Rhodes is up, Tommy starts his offer at nine, and we've got Cico Schrupp, and we've got Larry Pizavento, and we've got...