 The following is a presentation of TFNN Trade what you see With Larry Pezzavento Toll free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Okay, I'm looking good Billy Ray feeling good Louis I'm gonna start out the show talking a little bit about the the Trading day we had yesterday was a good day how the best part of it was we had six people From the London group that we had way back on April 1st came in and one of the guys said look He said I did the thing in London with you and he said I didn't believe it He said I had to describe today just to see if it worked and he said it worked exactly like you said It did and he said you've got a a lifetime member up until Thursday. Whatever comes first Anyway, we got a very good response from the people As a matter of fact 50% of the people that attended the thing sent me an email I don't know what happened to the other three folks, but anyway, it turned it out to be pretty good I'll go over that just a little bit We got to cover the S&P very closely here because this is as by Basel said this is really an important day I posted the chart here of the things that we gave out yesterday You know, you can see there were there were eight different PowerPoints or videos and stuff that we used to help do the teaching and basically what we teach of course is AB equals CD. That's what we try to do and this morning when I got into my The chart isn't showing there's no charts showing there should be just a little picture of a desktop with the Different things that we sent out, but I'm going to bring a chart up next so Let's just be patient here and we'll see it this morning early this morning I got one of these from the folks here hold on let me get this up here So we'll be able to see it easy enough This happens to be the ABCD that we had here in the crude oil this morning Now this is a 15 minute chart You'll notice the folks that we had a big high up here 115 we came down. There was a perfect You should be able to see it now boys and girls. Let's hope that we can you'll notice that there is the ABCD pattern right there, okay, and then I received it when of course it was down in this area and He says where will it go and I says well We should take out the low and they said just remember what we talked about We talked about watch it watching how the market's going to tell you what it's trying to do And that's really all you're going to be doing. You don't know what's going to happen next Nobody knows that so remind yourself you don't you have no control once you put the trade on Don't look at the machine. They don't care whether you're looking at it or not And just go look at something else because if you're watching what's going on in the machine You're making a bad mistake because you're watching the the figures either adding or subtracting against your account And that's not good that means you're talking about money and money doesn't make this thing move your decision What makes it move? Anyway, we're going to move on here and we'll get back into this But I wanted to show you what happened to the crude hall because he followed through with this And he said I am totally amazed at what really happened that I did it myself And I'm very happy that he did and that's one of the reasons why I do what we do But there's the there was the number where he sold it at you'll see the market broke down sharply And then rallied right up to the exact 61 at 382 retracement just like we said it would just like it did here There was your 382 retracement right there. There was the next one right there. And what did it do? It's off the page folks We are down quite a bit. We dropped two dollars a barrel from that last 382. So that's been a huge Huge trade but the thing is it builds their confidence And that's uh, that's the thing once you can see that you can do this for yourself Boy, that's a really really good feeling that you know that you help somebody do that and that's the main thing And I those of you that were at the seminar, you know what happened yesterday I had a a minor Tragedy in the family my daughter up in denver has a giant Saint Greater swiss mountain dog and she got tangled up in his in his his her walking cord And he he took off running for a rabbit or a squirrel and flipped her up in the air And she landed on a curb broke her femur on her leg and broke her hip And she had to go in and have her hips hip hip replaced and pinned and it was really very she's doing great You know, she's very athletic. So She's she's doing fine now But that was a little bit of a little bit hairy thing that I had to go through Through yesterday evening and in the night and we made it through everything was great But it was another little distraction that I had it was good because I kept my mind off of it So that's neither here to there then that was one then we got another one because we like trading the euro Of course and we brought another these are I'm not making these up folks I got these from the folks that Actually were at the attending thing yesterday They were doing in themselves today and that's what made me feel good This is just a chart here on the euro You can see here is eight minute chart you make a perfect garterly up here This beautiful abcd cannot be any more perfect than that You can see the 382 that occurred in the middle of the night and uh This was from one of the london folks, but anyway, that's what's really good Of course, it's come all the way down now and broken now below the lows So that's acting pretty much as we expected it to and I think we had One more that I wanted that they talked about I see that one I think that was it. Yeah. No, maybe that was it. Yeah Yeah, that was it. Oh no, it was a gold. Hold on. There's one more in gold We had a beautiful one in gold too just a second same thing good old garly When in doubt Mr. Gardley will come there's your abcd You can see it right there right out of 382 went all the way down here We've been hanging around here most of the day in this area So it hasn't made new lows yet, but at one time, of course it had a $800 profit in it And so you put your stop at break even on this and that way you don't lose anything And that's the whole key to looking at it folks. Uh tomorrow's guests will be Um Stan no tomorrow's guests will be tim boss And then on friday, we will have stan harley Jeff huge was supposed to be our guest today, but he has a head gold He's got some allergies and stuff nothing to do with covert or anything like that But he's he's going to be back with us next week. So that'll be good too Let me explain to me my two cents worth Of what I think is happening in the market I'm going to bring it up here so you can take a quick look at it right here Let's just get it right here here is the e-mini s and p We spent a great deal of time on this yesterday folks because people like to trade the The e-mini s and p in the dow Jones and stuff like that And this is what I was referring to them most of the day I said you can see here that we are very very close to a 382 retracement here yesterday Right near that 40 100 level in the e-mini s and p and so you have to watch that we were trading at 40 84 40 86 somewhere in that ballpark But what we're we were trying to show them that each of these rallies Going back here you can see there's your first 382 right here There's your second 382 right here And this is your third 382 and I said if the market starts down here I said this is going to be a pretty nasty day just because this is a five Day rally. Okay. This was a uh, four day rally. This was a three day rally So this is telling you this is a major rally and yet it's gone nowhere And that's not a very good sign now the the nasdaq actually made it to the 50 level Of course it gave it up very quickly, but this is what we were watching So I said here's what we have to do. I said I can't be with you all day Because you know we finishing up around, uh, I think it was around two o'clock Uh, no, yeah around one or two around one o'clock. We were finishing. So there are a few more hours to go So I said, I'll be right back and I'll tell you what I said eight seven seven nine two seven six six four eight Billy Ray Ballantyne Capricorn Foaming inflation we are purchasing powers eroded. 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After all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities Subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by basil Chapman creator of the trading methodology known as the Chapman wave The Chapman wave up down sequence gives you an edge in identifying price turns Finding the peaks and valleys and stock prices get the opening call newsletter by basil Chapman and your inbox every day First time subscribers also get a 30 day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors Steve Rhodes started his trading career as a student almost 20 years ago And the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark Again in 2019 finishing at number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn And he shares his vast amount of trading knowledge every day in his mastering probability newsletter Steve's award-winning newsletter Mastering probability is delivered every trading day with updates throughout the afternoon sign up for steve's market newsletter Mastering probability and you'll receive access to seven of steve's educational webinars Absolutely free at tfnn. All our newsletters come with a 30 day money back guarantee So you have absolutely nothing to worry about visit tfnn.com and try mastering probability 30 days risk-free today tfnn educating investors toll-free at 1-877-927-6648 internationally at 727-873-7618 Okay, we're back folks. I posted a chart of what I said in the video last night that I sent out I said now we believe that that top has been made In the e-mini s and p and also in the dow Jones So watch for a break and then sell the first three eight two retracement And there you see it this morning in the dow Jones. There was your three eight two retracement Now that was sent to me by someone from Denmark that happened to be listening to the show who is a regular And uh, also I wanted to point out another one that was very important And I think I can get that one up here and that is the e-mini s and p and you'll be able to see Exactly the same thing and that basically you'll be able to see here as we get it up here There it is. You'll see there is the e-mini. We had the break, you know, we're still Right here. We have the little bit of a rally here And then by the bing by the boom and now we're we're heading down This was the move last night folks. You see this is the one that missed the three eight twos the three eight two And this measured to 40 101 We got to 40 94 and that was a perfect a b c d and I missed that Because we were already closed. You see I said be prepared for it But we couldn't be trading it So I said wait till the market breaks and sell the three eight two retracement You could have done this one or if you missed that one You could have done this one or you could have done this one All of them were there and that's really what you're trying to do and on this one You can see we have over Lower tops those are probably the safer ones to do But that's pretty much what we're looking at as we were we were going through looking at these Here this morning again folks, it's not about how much money you make It's about how much money you don't lose our biggest We had two potential monster wins that we didn't start until exactly nine o'clock And at five minutes to nine we had a signal in gold and we had a signal in crude oil We got filled in the crude oil. Okay, but we missed the gold Uh by about a dollar and it broke 17 bucks. So we we didn't get into that again It never made a three eight two. It just went straight down the crude oil We did sell it but that was our only loss on the day We got stopped out on the high tick to the tick Believe it or not losing four hundred dollars on that one and it broke two thousand dollars and it's still breaking It's down seven thousand dollars from where that sale came in but we missed that But the others turned out. Okay, we had two really nice trades in bonds almost eight hundred bucks had a five hundred dollar profit in the uh, the uh, Five hundred dollar profit was in it to corn and then we had another one I believe I can't remember and we had four wins One break even and one loser. So we did okay on the day I was shooting for about six trades on the day. So we got in seven And so it turned out about then I got the teaching in and that was good So very very it was it was the response was really good And like I mentioned gee, I got a lot of emails and uh, anytime I can you know, send this information out to folks to get them to You know start a look at some of these things and these patterns were shorter term, of course Because we're day trading but you can do them same things on the larger time frames, you know, we do these You know all the time folks. We have been we have been bearish the doggone treasury bonds for so long and That it's just uh, and believe me that market is in big trouble Even though it's rallying today mainly because when the stock market breaks really badly like today down over 500 points the uh, the what they call these dudes the flight to quality dudes come in and uh, guess what? You know two days later they're saying what flight to quality are we talking about Things have changed folks. These bonds are going to go a whole lot lower That's the the main thing that you want to remind you here was another one. This was one of the bond trades I'll I'll bring this up to you today because I happened to be uh, I kept that one on because we were saving that Uh to to to show the reasoning behind it. This was the 382 yesterday Uh in the bonds they broke we we took well over a half a point out of it They dropped a point and a half to the downside, but that was after we had already Finished for the day. So that was another one that we were watching But before we get back to this hold on one second. I want to I want to get to the bond chart On a little bit different time scale here. We'll probably have to do it on a Let me yeah, I want to do it now. I'm going to have to do it here with the Treasury notes because the bond one is just not coming up the way that I want it It's got the shorter term. I'm looking for the longer term one and here it is for the treasury Notes, you know, which are the uh five year and 10 years These are the ones that determine the uh, and we should be in a little bit of a rally in here It hasn't rallied much But uh, you know these the the fed is between a rock and a hard place folks And that's where this they're not going to be able to help anybody out And we're not going to get help from any of these other folks out there either. So let's uh, Let's remind ourselves of that now There was one part of the day yesterday that I really didn't have any chance To talk about and that was the cryptocurrency market because I I had some things that I wanted to share. I'm going to do it in a different format Probably here in our live room here because I know some of you folks don't believe in Cryptocurrencies in fact, I know so little about them that I really shouldn't say much Other than looking at the chart and it charts perfectly You know look at the high up here folks. There's a perfect a b cd. Look at that There's a b cd time and price everything comes together up there at 68,000 And we drop all the way down to 25,000 where we've been now. We rallied up a little bit here This is what is really a dead cat bounce folks because once we get below 25,000 We're going to be probably looking at right around 19,000. I remember 19,000 Is where they brought out that was two and a half years ago when they brought out in january They brought out the chicago mercantile exchange introduced The cryptocurrency bitcoin and that came in at 19,000 and from 19,000 It went down to 30 100 do you remember that and that was the end of the bitcoin market. All right Well, the end of that bitcoin market went to 67,000 And so there's a lot of things happening in these markets these days folks with the regulations and stuff So we've got to be prepared if we get this big break here My friend john jameson who writes a newsletter for me each week says it's going to be a lifetime opportunity and I have to believe the dude because boy. He's been spot on all the way Looking at these things for sure now. I want to get a quick little update here on the weekly gold chart Give me one second here because we're going to be switching over to the august gold here This today. Well, in fact, we already have so We're trading the august gold contract now But this is a weekly chart that we're looking at here in the gold market We're getting very very close down here folks to the uh, 17 I said 1776 it's well 1776 in the august So when it gets to that level down about another 40 dollars from where we are Right now then that is going to be a place we really need to pay close attention to it because that's a 78 percent level And uh, that is also if you'll look at the red line, I can Highlight it for you. You can see this red line coming through like this This is basically a 20 man line And if it lines up just exactly with that that acts like a fulcrum for some reason Caterpulling prices a lot higher at that point folks You don't have to risk an arm and a leg in the gold market You can probably get by with about an eight dollar stop And when you stop a stock eight hundred dollars and something that's selling for 180 000 That is really cheap. So we're going to be watching that and also silver watching silver really closely At that 20 dollar An ounce level we'll be right back folks eight seven seven nine two seven six six four eight If you want to take advantage of this sector now is the 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 published a gold report with coverage of gold The xiu 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 Sign up now by visiting tfnn.com. Don't miss out on the next great grade 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 hours And now they are expanding their reach with the tiger's den available to all tigers and tigers for just one dollar for the year There's no cash or added costs when you join our community of traders in the tiger's den You can look over the shoulders of tom o' brian and the other tfnn hosts while they analyze 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 Tfnn is excited about our new software charting program the art of timing the trade charts In collaboration with tom o' brian and using his best-selling book the art of timing the trade your ultimate trading mastery system David white has programmed an outstanding piece of software that will complement any trader's methodology Using this first of its kind program the art of timing the trade charts allows you to scan thousands of stocks for fibonacci formation setups Including guardleaf abc's butterflies and much more the art of timing the trade charts is designed to help you When scouring the markets for stocks just beginning to form the trading patterns that many investors spend days weeks Or even months searching to find and right now we're offering licenses available at only $79 a month We are so confident that you're going to love this new charting software that will even give you a 30-day Unconditional money back guarantee don't miss out on this incredible new piece of software Get your copy of the art of timing the trade charts today by visiting tfnn.com 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 Okay, folks in those few minutes while we've been away. I posted the chart of the crude oil as you can see here. This thing has just Made a flying linda to the downside It's dropped another 1200 since we were on the air just a few minutes ago And we're all trading below the 1.618 expansion now folks. That's a That's a very very negative thing for crude oil, but it's very oversold right now That completes the large abcd. This is your bc swing right here There's b sweet b and c your a is way back here And that completes right about here right around this 107 level If in fact it is going to hold of that level we'll have to let the trading gods decide folks Ask me if I'm I have one position on I'm short a little bit of stock not much and And that's basically all I had all I had on for I was so tired I was lucky to even make the show today, but I wanted to You know be able to you know tell you what happened and and I know it's hard for them to get a replacement right away But I enjoy doing this so it's not too much of a problem for me at all Now let's look at another one here because it's in the news quite a bit That's is the the food part of the business folks This is our number one grain in the world. This is corn As you can see here. We had a 382 retracement here. This was one of our trades yesterday We sold the the corn at july corn at 809 We covered it at eight dollars and you can see now it's breaking down Even more from where we were looking at it yesterday. So There's a there's a possibility we're getting a little bit of respite here, but boy, it's going to be little folks We're in the middle of the growing season now and So, you know what the old adage is The corn is high as an elephant's eye on the fourth of july boy It better be because if we don't we're going to look at some other things I heard something on the news yesterday That I actually could not believe and that came from the The guy's name. I can't remember his name, but he's over in the uk. He's the equivalent of gerome pao. He's the Europe The england's central bank and the first central bank board of governors for for england was none other Than mr. Apple himself, you know the guy that catches things, you know falling out of the trees Do you remember that dude's name? Does everybody remember his name? You remember Tommy? Don't you Thomas Edison? No, it wasn't Thomas Edison. No, come on folks. You all know who it was Anyway, you'll see as you get down to this level right here. Yes. It was not Thomas newton Anyway, let's move on to the It's what we're looking at. We'll be able to see it was Isaac Newton, of course. Anyway Newton was the first chancellor of the ex-checker and The one of the rarest coins in the whole world folks There's only six of them that are still available and that's from I believe it's 1796 when he became the chancellor of the ex-checker over there. They had several gold coins Stamped that with a jaunvey machine and there are only six in existence I happen to know someone that owns two of those and the others I believe three are in the Smithsonian and one is unknown But it's a six million dollar coin and it's really It's really quite a piece. You can go look at it. It's called the newton dollar I believe and uh, if you go google it, you'll be able to see It's really quite quite spectacular Okay, let's move on here to take a couple other things One of the things that I didn't get to talk about better not do that. I might make somebody angry about that Have to get approval before I talk about that one. Hold on one second I want to talk about one other future here that is uh, that is really interesting And that is the coffee market because uh, it's that We talked about this earlier. We're getting really close I haven't checked it the last couple days because I've been too busy But uh, let's move it on. I haven't traded coffee since hector was a pup and that dog 17 years old now It's been closer to 50 years since I've traded coffee But it's it's a very liquid traded market now But boy, if we get down to this level here in coffee, that's down around uh, dollar 90 A pound. I think we got to take a quick look at that because that's a perfect garly ABCD sitting exactly at the 382 retracement If you want to buy things, you know garly said in his book on page 222 The best trade is to find a market that has gone up and is now making an ABCD correction That is the trade that you want to get because you're buying a correction in a major bull market Ie reverse on a on a bear market and that's uh, that's what you want to be Looking at as you as you see some of these things unfold here Today, so we're going to be watching that over the weekend that can anybody Give me a quick second get back here into the uh, Into the uh chat room for just a second here And how do I get back into that chat room? I don't know how to do that Oh What did I do wrong here that I did something wrong give me a second here Oh here it is tiger check and someone tell me in the chat room there today Where's uh, where's coffee trading right now? Could someone give me a rough idea? Andrew Bailey. Thank you seagull. That's the dude. It was on there. Yeah, he was on there Here's I forgot what he was going to say He said something that I absolutely could not believe Okay, here is what I could not believe He said Unfortunately folks there's going to be thousands of people in the united kingdom They're going to die of starvation in the next in the coming months and years He said that I mean, are you kidding me? Okay, coffee is below that level. Yeah. Yeah, he's going to die He said the people are going to die is what he said. Yeah, and that's uh It's really I doubt that too because you know, there's going to be food coming around There is a possibility of that What is that number in the coffee by the way? Let me uh, let me get get us Let me take a quick look at that Oh two Oh, no, no, wait, wait, what would you hold time out folks? I'm losing I'm losing my thought here. So it's 216. No, it's got to get down to 194 in the Coffee just below two dollars a pound We'll be watching it. Everybody will send a food. There's a there's a real probability here folks That something really bad could happen. I I'm not I'm not You know trying to scare anybody but and we'll be able to see it coming If we have a bad crop here and I we haven't had a bad crop here in so long I can't even remember we have high prices. It's because of everybody wants the food. That's just demand. Okay But if the supply screws up If the supply screws up nobody can control that And we are only one crop away from famine folks and if we have to start getting one of those, uh deals where like like they have in india where you've got 110 to 350 degree heat It's going to be uh, it's going to be bad so far. Everything looks good. There's plenty of water Weather's beautiful. It's not too hot the crop's doing good so far. But if something turns bad Then uh, then that's it. Now coffee I could live without that's not a problem Now if the if the the grape vines Make the wine they have problems then we have to talk a different story because We all have to have our wine Anyway, I drink about two glasses a week Used to drink a little bit more, but that's when I was going through a divorce. I got rid of that and now everything's okay All right, let's talk a little bit about gasoline because that's in the line It's always in the we're in the middle of the season the driving season now And you can stop and think I I'm sure gasoline's down today with the price You can see the abc to level up here at that 406 level We were expecting at the top up and here's some level this week, but I haven't really updated it very much, but we've had this big break now We've broken eight dollars a barrel in crude oil over the last two days from 115 down to 107 We sold it yesterday folks at 115 Uh, oh five and we got stout at 115 35 and then you can see where it is now. Oh, well Eight seven seven nine two seven six six four eight tomorrow we have the harley man himself Up tempos on tomorrow and stand harley on friday. We'll be right back Are you in the market for buying or selling real estate in the bay area? Including the surrounding st. 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That's seven two seven three two nine 83 22 call us today The technology around us is changing every day with so much happening it can seem impossible to keep up with all 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 and 50 cents 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 Are china a shares hot or not if you trade china a shares now may be time to take a closer look trade chAU or chAD Directions daily csi 300 china a share bull and bear etfs china a shares in either direction Visit direction investments.com 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 That's tfnn.com then hit watch tiger tv. Okay folks. I posted the chart here of the uh Not gasoline as you can see here. There's the abcd We were looking at wind about two cents above it now. We've broken Really strongly. We're broken below the old highs, which is a good thing Like i mentioned more than eight dollars a barrel lower now In the crude oil. So it looks like it's going to be hitting lower here, especially with this big big down If you want to you know practice like what we did On the trading day watch for a three eight two retracement folks If it's really bearish, that's in fact what it's going to do even wheat As crazy as wheat is meant to folks we have we're having one dollar swings in wheat like it's nothing When I started trading corn back in 1966 when I started trading corn the average weekly range Was four cents And now look at this we have a dollar up a dollar down in wheat like it doesn't even exist Of course, it's at a high level at around 13 bucks 1270 1280 But uh, it's jumping around quite a bit But if you look at the 3a2 on it gave you a beautiful 3a2 sell yesterday at that 1256 level I don't know where it's trading at now, but that's uh what we're watching here Uh so far this morning it was looking at out here Okay, and if you want to get through today, I know Al says it's really tough, but eight seven seven nine two seven Six six four eight and we'll try to answer your questions If we can like I mentioned before we have tim boss tomorrow financial cycles weekly And then we are going to have a stan harley on friday next week. We will have norm winsky again and also Uh, hopefully shane's mullion If we can get in touch with his group of attorneys and then the third one, of course would be Jeff huge he should be back in the business of uh being our guest again He should be feeling a lot better. He says anyway Okay, let's move on here to another one of the charts that I did want to cover here Uh, it's one of the the main ones, of course, and this is really important folks If you're uh watching these things, uh, there's two of them here that are coming do That are going to be really important that they hold these levels. Let me get this up here So we can take a look at it here. This is what is going to be for softy microsoft Have you noticed here? We have the double abcd is coming in down here at the 242 level that completes a major major abcd To the downside right into this level very very important the other one that is extremely extremely important And that's the most actively traded stock in the world None of the I don't know if it's the most active traded one, but I know it's good I know it's a big one for sure and that is none other than mr. Appel Well, that was one of the trades we did yesterday. That was our very first trade. Yes Yeah, we did a trade in apple yesterday Easy enough to do all we did folks on the apple yesterday as we sold this 382 retracement at I believe 149 40 or 60 something like that immediately made two dollars and a half that was our first trade And that was the we had four winners and one break even and one loser Anyway, that's what we were looking at yesterday, but we go below this 139 folks That's trouble in river city. I know it's the greatest company in the world. It's got more money than god But god has a tendency to tighten up the purse strings when things get tough. So This thing could get nasty. This isn't folks. This is a bearish chart I know it's a great product and everything is great about it But we there's trouble out here these markets are trying to tell you something's not right And I'm sure there's a lot of things out there that should be Not right as we can hear from the political environment the the health environment the War environment. I mean, there's a lot of different things and there might be one outlier You know a black swan event that could be coming and you don't want to get caught Into something like that. That's a main thing You know to look at look at some of these stocks folks that have taken that have taken major hits Let's just talk talking about major hits here. We're going to look here at our good friend, uh, netflix Never belonged to netflix. Of course, I'm not a social media person But look at this. This was 700 bucks way back in november right around Thanksgiving big abcd multiple three drive to a top pattern Bought a bing bought a boom. Look at this the big gap down it goes right into the gap here Well rallies back to the 382 can't even fill the gap and then boom 382 and boom boom boom boom But people that bought it for a buck and a half 20 years ago or 15 years ago. They're still setting in river city It's trading for 170 or something, you know, no big deal It is if you were at 700 and now it's at one Once 60 or whatever it happens to be i'm not even you know, absolutely sure what that What that price is going to be and then finally the last one I wanted to talk to you about of course is one of our dearest and closest friends mr zuckerberg As we get up here to see right here You'll be able to see where we are here's with the meta or where you want to call it facebook You'll see it's almost not not nearly as bad as Um netflix yet, but you can see we got nothing but lower tops and uh equal rallies here So it it's still you know heading to the downside all of these look negative folks And there's none of them that look positive. So that's another reason why you want to look I don't know the fundamentals, you know, but uh When you stop and look at our bond market You don't have to figure out too much about fundamentals And if you look at our stock market the same thing it's trying to tell us something So let's uh pay a close attention to that and what it's trying to tell us And that'll give us a you know a rough idea Of uh, where we think we're uh, where we think we're going to be I think we're down well over 600 points now in the dowry I don't I didn't check lately, but I think that's uh probably uh where we are So look at that. We've had a nice little pop here in gold here We got back up here to the 1820 level And that's a that's a good sign that's making a nice little if you like abcds And if you like abcds, we certainly got one going now In the gold market. So pay attention to that one folks up here at 1821 Always nice to look at abcds. They're always nice to look at Okay now the second thing I wanted to cover is the Shucks I did the year already. I want to do it again here because I want to bring this to your attention here because we've got a A really interesting situation. I have to show you this because we had a Ah dog on it. I want to get the daily out. Hold on This is going to take me a second. Hold on. There's what I want to go to just a second here Boy, how I ever made it through this show. I'll never know but I made it. I think anyway Okay. Oh, we got a caller. Are you kidding me? From savannah georgia one of my favorite places. Zach, what can I do for you? Hey there larry I know you've been working on this anagram of the 1987 crash in stocks and uh that bonds rallied considerably During that period I was wondering about other assets like crude and commodities. Did you see them roll over? Uh, kind of the way we're seeing them roll over now after a strong bull peak No, gold was strong during that time. Um, of course remember strong It was you know, it was bouncing back from uh, you know, it went from it. It topped in uh, 1980 Okay, and in 87 the crash came Gold was trading. Oh still around 280 something like that. It made its final low At 230 not until, uh, you know, 2000. So it was in a bear market You know for well over 20 years and also crude oil was just in a trading range and uh, bonds were on our way to 170 So that was that there was a big difference. They're they're not the same Thanks a lot. Have a good one. Have a good one. Take it easy May the force be with you We'll be right back folks Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv Live every market day from 8 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 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? 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I'm going to post it up here So we can see it one more time because the sequence of numbers That we're looking at is the same whether we're going to have a big correction or not or even a crash I don't know. I don't really care, but we are in this zone right here folks In other words from the 5th of may You add 17 days that takes you to the 22nd That would be equal to what we were doing here in 1987. It took 17 days from october 2nd to the 22nd to october the 19th of 1987 to complete that cycle that was the best buying opportunity folks Of the 1980s. It was really that good It was setting right out of 61 percent retracement of the low from august the 9th 1982 And the way we went from that level. So it's going to be really in the 22nd. We're coming in here We're looking at monday folks. So that's going to be really interesting the 23rd, of course We'll be Coming in on monday. So watch for something really big if we're making a you know big type of a Panic bottom on monday that might be a chance to look at some really good buying opportunities For some of these things and if it's wrong, you know, maybe it's not a big deal Remember we've only got thursday and friday to go through and then we got money We've only got a couple days before this is over And it certainly looked like it wants to make a new low down in here If nothing else, so maybe it just makes a Double bottom or a slightly lower low then we'll then we'll find out where we are So that's what we're trying to pay attention to here It's nothing more than a simple time count folks has nothing to do with anything astrological or anything like that I'm just counting the days that what happened in 87 to what happened now. That's uh pretty much what we're watching here So live every day in an attitude of gratitude and may god bless. Please do something for your neighbors Because they are in a lot of trouble many of them even here in tusan And uh, you can't believe and we'll see you all tomorrow on the flip side with tim boss folks. We'll see you tomorrow