 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 internationally at 727-445-1044. Now, Basil Chapman. Hi, folks, we're back. This is the Tiger Technician Hour 877-927-6648. And when we're looking at the market, that gap up on Friday was really quite an important thing because it got the cues and the SMHs and even the S&P so close to areas that I had said before were getting into resistance area, but getting to all-time highs is really an incredible thing. But when it happens in a V-shaped pattern, you've got to get maybe just a little pullback and then it almost immediately, maybe in daily charts, it wouldn't be more than three days. I'd say a week would be too long if it was too deep, but if it's just sideways. And then it needs to break out because you want that V-shaped pattern. V-shaped patterns are far more power-intensive than the cup. Why? Because in the cup, you keep having a little bit of a stall and then you move up, a little stall and you move up, and you keep making these higher level areas of support. But at the same time, you're usurping a lot of energy to do that. In a V-shaped, it means you've got such torque, such dynamic thrust to the upside that until you get to a point where you just hammer at a, let's just do this right now, let's look at the XLK, where you hammer against all-time high resistance levels and then it means that you need, especially in this case here, you've got the XLK, the S&P Select Tiger Spider Fund going in two legs. It's almost impossible to describe. There are very few examples of this in two legs from the low of 57.57 in the XLK, back on 26th of December, the week of the 26th of December, 57.57, a 24% decline from the 76.27 October high, and all of a sudden you're looking at, it did take a little longer, not very much. It took one, two, three, four weeks longer. No, sorry, three weeks longer to break above it. But it's only at this tiny little one week peak. It's incredible. Just below the top at 75.25, one point away from the all-time high, it pulls back for a week. This is what I'm talking about. You need speed with this V-shaped thrust. And then the momentum of the MACD hasn't even started its decline. It is still expanding. The histogram is still expanding. Only here in this last week did you see the slightest dip in the percentage. This is the 0% line. That's the distance between the faster moving average, the green line of the MACD and the slow line. But it was very slight. This week, I'm suspecting you will see more of it. Why? We've gotten to a recycled leg D in the XLK. This last move up just made a peak D, another peak D in the 120-minute chart. And this is, if you look at my work over here, this is the Chapman Wave Automated Projections of Resistance and Support, 76, 78 in the daily, 77.04 in the daily, 77, 87. We're in this cluster of resistances. If there is a spiral above 78.50, that's not just a breakout. That is not only going to all-time highs. That's basically saying, you know what? There is so much strength here that it's going to maybe be just a sideways rectangle movement. It finally has a decline. But at this particular point, you could come back to the 75. What was that 75? 25, high of the 21st of March, and that'll be the big test. Does it break under? Does it go to the low of 70? What was that 2? Yep, 72.34 on the 27th. What does it go lower than that? So this is going to be very important. If you're looking at the 120-minute chart, it broke above 76.82. It's not there now, but it did that already this morning. But that is a resistance level. And the 10-minute chart says there were no resistances above. 76.59 was the resistance. Now, some kind of a support we've taken that out. 76.22 is key support short term. I don't have any support levels at all in any of the indices. And the weekly chart has broken out. It's above its 75s resistance. And the XLK monthly chart is at 84.75 all-time. And now, sorry, 84.75 upside monthly target as resistance. Let me just check here. There's a question. Just a little feedback. When you do the updated noon hard to follow everything so fast, could you maybe only do the three major indexes and then get into the rest slower? Thanks, Bezos, for what you do. I will try to do that. And I have a way that I was thinking that I would do it. You've just confirmed for me that it's a lot of information. But you know, people may be listening. TFN is all around the world. So people might just be listening to be able to go on a little bit of a brief summation of what's going on right now. So those are the levels that I would do. As far as the charts are concerned, I have my whole show in which to do the charts. I'll have to think it through. There's a compromise between the two. Some people really just want to get, what's the news? And that's what we do at TFN. And then we give you the why's and wherefores based on our own methodology. Okay, let's do a couple of things here. I wanted to look at the couple of questions that have come in. I will get to them. Oh, I see something here, big heading. It says, Bonds. Ah, good old Paul with his very subtle way of asking questions. Bonds are now putting in a head and shoulders top. So let me go to the Bonds, head and shoulders. I don't know, he never talks about what time frame, since it's never clear. But let me go maybe some monthly. Head and shoulders upside down, round side out, inside way. Head and shoulders. All right, let's just go on with the question. What head and shoulders? All right. There's definitely a Chapman wave, right shoulder failure pattern. That's the H pattern. The dreaded H went under it. Bonds are now up 530 seconds at 142 and 230 seconds. Doesn't look very good. Shorted to a monthly charge only in a C. Probably should go to a D at some point going on. And it could be a major top. You probably won't mention this because you don't understand bonds. You know, Paul, that's not really a very good and accurate summation and implication. I actually understand bonds very well. But I'm not quite sure what the implication there is. So I just want to clarify it when it comes to bonds. I actually understand them pretty well. And question to the Denny Basil, why engage this person? I take every call because I think every call has a particular reason. Someone's taking the trouble to write. It might be not necessarily particularly eloquent, but it's still worth perusing and looking at. It takes me to an area that I might have overlooked. And now that I'm looking at it, there's really not much to say. I see that the yields are stuck in a range for now. And there's really not too much to discuss. Look, TNX is trading in a leg D right now. I said that I can see it maybe going between 25 and half, maybe even 26, and the support of 2356 is imperative to hold on the shorter term. I haven't really changed that opinion. I'll be right back. Now it's done. 85 S&P is done. The TAS Profile Scanner is the most revolutionary piece of trading software that you will ever try. Wouldn't you like to approach the markets with confidence? As you begin your trading day, it's likely that you'll be faced with lots of decisions. In order to make the best decision, the first thing you'll need is a strategy that will help you minimize your risks. Whether we're in a bull or bear market, a good strategy is to have the tools needed to help you scan and analyze the markets before you trade. The TAS Profile Scanner instantly scans and filters over 2,500 global financial markets, such as stocks, ETFs, commodity futures, and forex. 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Sign up now for only $97 a month with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time with a risk-free 30-day time eight internationally at 727-873-7618. Hi folks, we're back. And you know, this is going to be very interesting. Look, the IYT, I should mention that we are still along the IYT and I shouldn't have typed it in the 10. I should type it into the chart. There we go. Trading at 194.42 down at $1.94. That's a big pullback. But there was a big gap from the close on Thursday into the Friday leap to the upside. I have this as a leg C. It's still a leg C because we went from 196.36 to 196.45 this morning. And now pulling back sharply. This is going to be quite important for a number of reasons. Just as we're looking, I'm going to mix things up a little bit, give me a little time, with XLF spikes up on Friday with a really good news on J.P. Morgan. WFC Wells Fargo was not as good. Today we've got Goldman Sachs sharply lower and XLF is down 19 cents at 26.95. I would consider that this is really positive action in the XLF. I'm not saying, oh, it's positive. Therefore it's going to the all-time highs. What I'm saying is that under the circumstances of yields, et cetera, under the circumstances of the financial sector, we remember it's a sector, because we've got Berkshire Hathaway. I mean, it's called the financial, but really it's got some companies that have some financials, but that's not what they do mostly. But if you're looking at this and you say, hey, the financials have had a move from 30.33 down to the most recent low of 22. Eight points, that's 28% to 34%. That's a big move down. But all of a sudden, you're looking at some residual strength in the chart since the high of the, the bounce up to the March of, high of the 19th of 2710, down to the most recent pullback of the 25s. There's that noontime sneeze, I guess. Well, what we're looking at, it's gone to a new leg B. I'm calling it a leg B. And I'm anticipating that there's a chance. It might take a little while, but as long as the 2638 level of the 200-period moving area, it's this area, it might go a little lower. I would not like to see it under 2610. But if this can hold, and just maybe for a little bit of the gap and then have a little bounce later in the week, thank you. Then I'd be looking at and saying, well, a very quick peak A to a peak B to a leg C says be careful because, yes, you could go to the leg D and then you could get a pullback. Now, the rule of the Chapman wave is a very quick A to B to C. This is peak A, peak B, peak C. And then to a D, usually it's the B to C to D. A takes a little bit of time and then has a bit more of a rest. That says that it could have a sharp pullback, but it doesn't say, oh my God, that's the end of the move. It's going all the way back down. It just says be careful because now it invariably will have a bit of a rest. And that rest is either time or price or time and price. I'm thinking that it's more time and less price. This is just at this particular point. Why? Well, let's look. You remember I was talking about the IYT. That's the transport. So the reason why I went over to the XLF is because I wanted to show that within sectors there are conflicting chart formations. In the IYT you've got the rails that have been doing very well. Got some trackers good, some trackers not so good, but you've also got the airlines which are being pummeled. So I want you to show you that the same sort of things happen in the XLF. Now watch this, this is really quite fascinating. Within the XLF you've got Goldman Sachs down sharply, down three and a quarter percent of 201.16 having made a peak D on Friday. This is an island reversal. I'm putting this in. I suspect this island reversal won't remain an island reversal for all that long, but right now it's important. But if you look at the weekly chart you've got this Chapman wave oval pattern is going to peak A then a B, and then it took some time and then went to a C and then a D. But the high from the 202 area, the 207, 208-ish area, that took, look how much time it's taking. It's taking a couple of months. Number one. Number two is in this particular pattern you've just gone above the oval high. This could start to set up a pullback that says we're using up time. This is big rectangle formation. You might have to test the 198 area, even the 196s, but there is a really good chance that when the assessment of Goldman Sachs et cetera has actually been accomplished that the XLF based on, now you've got earnings tomorrow from who else was there today? Goldman Sachs and someone else, someone important. Goldman Sachs and someone tell me, someone tell me. There was another, oh, city, I'm sure it's city. Yep, city's down 31 cents down .46% at 67.11. It has gone to the resistance level that I drew in the other day when I was talking about it. This is also an idea, very quick ABCD in the weekly chart. It could have a bit of a pullback but I have to tell you both of these stocks are holding really well right now. I'm kind of impressed at what they're doing. So the day is young, the week is young. We've got other bank stocks coming up, Bank of America which we are long, pulling back today down 152%, 1.5%, 47 cents lower, 29.71. Really nice move when right in the Chapman wave right there, resistance zone. This is the area that I call inside track, repellent, resistance level, pulling back from there and it's good for the gap. I think at Bank of America it's important. What if two scenarios, what if Bank of America which is I think just based on the techniques that are the prerequisites that all the banks have to have, all the different things that they have to do to conform to whatever has been committed by the Fed that says they've got to have this and they've got to have that, they've got to have security, they've got to have X amount of capital, et cetera, all these reserves, et cetera. But wait a minute, what if Bank of America instead of pulling back to the 29, 20, 2902 level of nine and the 14 period moving average by tomorrow has an outlook that is actually a little bit better. So what they say is the earnings are okay but the outlook is we've done everything and the outlook for this next half should be better or the other way around. The earnings are a little disappointing. No, the earnings are very strong but they're a little timid in the outlook. When that settles, if the earnings are strong that should really help the stock. Now let's just imagine over the next two days whatever the reason, that Bank of America instead of trading in the 29, 30 to 29, 20 area down another 50 cents or more, tomorrow has a kind of a sort of a stumble at first and then out in the blue by the end of the day is climbing, climbing, climbing. And by Wednesday it's above the 30.22 high of the 12th, starting to exceed. And by Thursday without making a peak it breaks above this resistance, inside track green dash green line and starts to trade in the 30.45, 30, 30.50 area. You know what you realize? What that would do, that would say that Bank of America with this megaphone pattern in the weekly chart has broken to the upside rather than starting to make this deadly diamond pattern which always breaks to the upside rather than be deadly. But instead right now it extends leg C and all of a sudden the 31.92 high of the 10th of March becomes a magnet. So I'm looking at this and I'm saying there are numbers here that are really important for me because in Bank of America close below 29.40 he says, all right be ready for some kind of sideways pullback but breaking out is really good. I'll be back down. Since 1984, Basil Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion. While originally hand drawing charts from the late 1970s into the 1980s, Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply. Later Basil found that computer software which included the standard market technical indicators enhanced the degree of accuracy in calling price turns as well as market trend calls. Thus was born the Chapman wave sequence. Using the Chapman wave methodology along with other indicators, Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter. Right now you can get a two week free trial to the opening call, Basil's daily trading newsletter by visiting the front page of TFNN.com. Cancel at any time during that trial and pay absolutely nothing. Get your two week free trial to Basil's newsletter, the opening call today by visiting TFNN.com. 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That's why we just missed LPG, Darian LPG, liquefied gas shipping from the 5.50 area, which just happened to hit 8.35. Yeah, so good one. So we're looking at the DSX, DSX is Diana Shipping. Nat was the one that I had spoken about for subscribers as well sometime ago. We'll look at that in a moment. Yes, this is very good. This is a really good sign for the economy. This is a very subtle sign because it has to do with dry shipping. LPG was natural, it was gas, that was being shipped. So this is gonna be very important, 3.13. If this is just a leg A to the upside in the weekly chart and at some point we're gonna pull back and then make a leg B, it says that the 2.50 to 2.80 area is probably gonna be really good support and this is just some horrible news that comes out and that maybe the shippers are starting to move stuff that just was sitting there for quite a while. Let's look at NAT. This is Nordic American tankers. Yeah, she also had a very nice move from the 180s. It hit 210s, now straightening to 206. It's a start. This is not as good as the pattern that you have in DSX, which is Diana Shipping. So yeah, I like it very much. So Peter says, the bells are she's running through Newton, as you speak. We got a dinner, a tiger whose wife is running a marathon. She often runs the marathon. I think she didn't do it last year and she's going right by my city, Newton, as we speak. Probably just about to go to Heartbreak Hill. Oh man, that's Heartbreak Hill. I remember when I used to bike it, I'm not big on bikes. I mean, upheals on bikes, I haven't. I'm very good at down here, like everybody. Okay, so I wish her the best of luck because this is now a beautiful, maybe it's getting too warm, but this morning, the storms here in Boston, you would not believe it was, I've never seen this before. I've seen rain last year was rain and cold. This is, there was torrential and wind-blown storms this morning at about seven o'clock. Just absolutely, I mean, I went out just for a brief moment and I was soaked. And what I am looking at is a situation where that just lightning, thunder, heavy rain, and now it is absolutely spectacular outside and warm. So maybe it's getting too warm, but I personally prefer before warm, too cold. So I wish her the best of luck and it's been quite, I only saw a little bit of it. I used to be able to just, in the old days, I could just zip down the hill and go like not even a half a mile, just like a quarter of a mile to Commonwealth Avenue. I would just stand there for a little while, watching everything and then come back to the market to marvelous and go back to the market. Now they've got cops at the bottom of the hill. You can't go there unless you're biking or walking. It's unbelievable, but it's really a big fundraiser, a huge fundraiser. However, the level of the Boston Marathon has gone to such a, not everybody gets in, just I have to congratulate her to get in. People have to work really hard. I heard of someone yesterday who missed getting in by one minute, but then the cutoff was three hours and 83 hours, one minute. They have to come back next year. So congratulations, I'll tell the story. Way back when I lived in the back bay, I had a school holiday when I was at the Nuremberg Conservatory of Music. There was, April, whatever day this is, it was a, for some reason it was a holiday, a school holiday. I can't remember the reason why. Anyway, I was standing, it was a hot day, April, and it was a hot day in Boston. I remember standing in a little t-shirt and shorts and a corner of Nuremberg and Exeter, and Fairfield, sorry. And the next thing I see is a bunch of people running by me and I was an athlete in my youth back in my high school days. I held records and stuff, but for sprinting. And I'm looking at these people and they're running by me and they look pretty serious. And a cop was nearby saying, what's going on? He says, the Boston Marathon. There were no people. They were just running along between the people on the sidewalk and the street. And it was just, there was a right by the John Hancock. It wasn't, it was the Prudential when they used to finish at the Prudential before they finished about 100 yards further down at the John Hancock. And it was nothing, there was nothing there. And now there are 30, 40,000 runners and I don't know how they all get in. It's just incredible. I'm impressed. And I've always been impressed at long distance runners. I just could never do it. 440, I could, I did 440, but it was in the relay where I was the last runner in the 110, the last 110. But I could never do anything more than 220 was my limit. For 200 meters. All right, let's get back to the story. Natural, Nordic Americans are DSX. Yes, I like it. And I like, I think the group is telling us that it's very important that they are running right now. Boston Globe this morning had one of the first stories on the front page that I can recall seeing. And I just don't know how long. What was it? It was about wages have improved to the point where some of the companies are thinking from 15, they're gonna make $20 the minimum. You never saw that in the globe ever. And of course, there isn't one word about this administration helping to do that, but it was a very interesting article on people who are earning more, feeding it more in their pockets and are able to do things that they've wanted to do before. Great story. All right, dows down 67, S&P's down seven. Want to show you something that I thought was interesting. And the many charts that I sent out over the weekend folks, I forgot to do my dows three time frames. I had it already way back on Saturday and I forgot to post it because there were so many other charts. I did discuss it, but I forgot to post it. I sent it off on a special this morning. It came after the opening call went out with all the different positions we have. Just sorry about that. Now what I am looking at is Victor in Paramus, New Jersey. Victor, how are you? Good, how are you doing? I see that Carlos is making a 50% retracement. So do you buy it? And another thing, I just want to let you know the Japan banking system is closed from April 27th until May 6th. Will it have any effect on the market? That's my second question. Whoa, whoa, whoa, who closes? The Japan stock market closes. Oh, yeah, that's right, yeah. They do that, you know, every year they do that, but I've never known it to have any impact other than if at that point the market is going down, it will just still keep going down and if it's going up. So I don't, to tell you the truth, I think the implications of China, just at this particular moment have a lot more import than Japan, but it's very interesting. I was looking at the NK on the continuous contract last night, leg E in the daily, in the weekly charts, gone to a leg C in the monthly chart, is a leg A and what it's done is, unlike our markets, it's had about a 50% retracement. Can you hold on, I look at Kronos because I do want to do some work there because it's impacting a lot of the area. This is the cannabis sector. We'll be right back with Victor Paramus, New Jersey. We're looking at the cannabis sector with Kronos Group as one of the ones we want to discuss. If you're in the CD market and looking for a secure investment, the Tiger First Mortgage Program may work for you. The security for these first mortgages are building lots in the Tax Opportunity Zone in St. Petersburg, Florida. The Tax Act of 2018 set up tax-free zones across the country where you can build and hold for 10 years and pay no tax on the profits, which makes these lots valuable. The investment is anywhere from $30,000 to $75,000. 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It has a low back in 2016 and the pennies, I think it was. 0.17, 0.17 has a little bit of 1,000%. Is that 1,000 or 10,000% run? To 25, no, yeah, to 2510, not bad. But now it's on its way down. And one of the things I'm a little concerned about is that there was just, how can I put it? There were certain stocks that were at first benchmarks for the move up. Then what happened is that on every pullback, some of them failed to rally to the next step but Cronus didn't, it continued in. Look at the big U-shaped patterns it made. Every time it ran, look, it went to Leg C in the month, it goes all the way to about 11 and then it pulls back to the fives. It's cut in half, more than half. And then it runs where? To the 12 area, then it comes back to the sixes. And then it runs where? All the way to 25 and now it's getting cut in half. It's down 15, not quite half yet. So my suspicion is that it needs to test the high that was made back in the week of the 21st of September, 15.30 is really going to be key. My suspicion is it's going to go kind of into that area. And then we might find that there's a sudden V-shaped balance but my suspicion is it's going to take a little, there's something going on here that suggests to me, now if you don't mind, I'm going to go CGC's another one, CGC, I'm going for the ones that I see on the ticker that go by every day. Canopy growth, medical marijuana, same thing as Cronus but it has already done its big pullback and has rallied once again. That went from the, also in the single digits all the way to the 59 area, pulls back to 25, runs to 52 and now it's at 40. So now I'm going to say to you, so now you're looking for an entry point or re-entry point, is that correct? Have Victor, oops, I think we just got cut off. Okay, so I'm sure that Victor's probably listening. So Cronus to me is in the area where it starts, it's in an area where it needs to find support. There is no support based on either the weekly or the monthly charts until a test of 1530s. So this is what I'm going to suggest to you and Victor, I know that you look at these quite intensely, but I'm going to say to you, I would put in a bid based on if you've already traded this and you've made money under those conditions, I would put a bid of a small position, I really do mean a small position, somewhere between $15.40 and $15.30, that's kind of the area that I'm looking at. The reason why I say that as a bid is because it's within 30, 40 cents of where we are right now. It's at a really sharp pullback. I don't see it on the weekly chart showing any strength whatsoever. I don't see it showing any strength in the daily and the monthly chart is still very strong technically because it has such a big move up and that's telling me that we could start the sideways choppy area so that there'll be moments where you're making profit on the trade and there are moments where you're going to be losing but it's a good feeler trade. It doesn't even have to be a lot of shares. You just wanna, you want to know how is this participating every day in the market when other areas are doing whatever they're doing? How does this particular stock in this particular group manage to hold support? And I'll explain why I'm saying that. The MJ is having a big move down at $24, 30, 385 right now and alternative harvest is the cannabis sector ETF. We were long, we've taken profits, we're actually out now. I'm looking at this and I'm saying that was our first big attempt at just getting into it. It wasn't a big position, but I'm saying our big attempt to start in an ETF that is really an IPO basically. There's no real history. Number one, number two is now I have a good feeling for taking profits because we had 30% profits. We didn't take 30%, we've taken quite a bit less but we have taken profits. I'm not prepared to give those profits up but rather get another trade in and for subscribers because this is an area that I think has legs to the upside in 2019 but I've got a feeling that it's overbought for other reasons. If you look at SDZ which is the constellation brands holding beautifully after the big move up two and a half weeks ago in the 190 area we're looking for some kind of a pullback into the 186, 185 area to go along with Greg's analysis that he did of the stock to say that that's where he'd like to get in. I said, you know what? You could do a little nibble here just to really see how it is because the way I'm looking at it I'm not sure it's just yet ready. Now, this is very important because constellation brand spirits beer and now it's got the cannabis segment as well as forgetting which one I want to look at it's SDZ and what's the other one? The big one. Oh, this is a GWPH. I remember symbols better than I do in names. GWPH stuck in the sideways range at 164, 69 down three. So I'm suspecting because these big ones ran up it's the opposite of what you look in sectors at major tops where the big guys take a rest and finally the little guys come running up and then they run out of gas and then everybody comes down. This is a little bit reversed and it's saying to me that there is interest in the bigger ones but I think the whole sector just needs a little more time to digest and so back to Victor. I'm not sure if he's still on if he can just say hi but sometimes people just have to go because they're either at work or they just don't stay online. They like to listen. They like, I think that's what you were saying to me in the background there. I'd like to listen and if you're doing that this is a big move for Cronus going from 24 down to 15 but look at it did that in two days on the way up and it's taken one, two, three, four, five, six, sorry, two weeks on the way up. It's taken one, two, three, four, five, six, seven broke the rectangle formation eight, nine this is the 10th week. I think there's a little more to go but this is an area you wanna keep your eye on. My subscribers know that we're keeping our eye on this as part of a portfolio but where you get in and how you keep I was just determined we're not gonna take a loss after having such a nice gain. We had to get out, we're out, took a 12% gain on one position we took another small position gain before. I'm just, I just don't want my subscribers to have something that did so well and then take a loss when you've been it's just not the way you wanted. Now we might miss the next entry I'll be planning for that in a certain way. Subscribers know just how I like to organize these things so let's hope that that's the way it's going to work out. Okay, hope I answered your question Victor it's a good question and the answer is if you're waiting to get in and I know you've been in this before I'm not sure how much money you made but if you have made money, have a little patience I would much rather let it find support and just to guess that this is the support and the next thing you know it goes right down to the 14 or the 13s it could do that the sector is vulnerable on the way up and look at the way it's vulnerable on the way down look at those big moves in the monthly just make a 50% or more sometimes even an 80% of the gain so I just don't want to be messing around with this but it is an area that I think has potential and I spoke about that with subscribers over the weekend when I did my studies of my various charts of what we're long and what we're looking for and what we want to be buying Okay, next question Oh, we've got one more segment to go I'm going to be on with Tommy O'Brien tomorrow at 10 let me just double check the new schedule because Tom's away I'll be on with Tommy at 10 tomorrow I'll be on with Tommy Wednesday at 10 and on Thursday to wrap up the week because a holiday Friday I'll be on at three, three to four to wrap up the week I'll be back straight after these messages in the nation for the S&P 500 for the last 12, 6 and 3 months Timer Digest also ranks me as the number one market timer for gold as well The fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the best in what I do Sign up for Mastering Probability today by clicking on the newsletter tab on the homepage of TFNN.com and get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide great market calls to Sign up today If you haven't checked out the newsletters page of TFNN.com what are you waiting for? 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Taking something that's good for you something specifically formulated to help with weight loss better sleep, stress reduction and the need to detox Nicar, hunter and gatherer ancestors found all their nutritional requirements for health in their wild environment but today our food sources no longer contain the vitamins minerals and nutrients our bodies need to stay healthy and strong that's why we need primal edge daily nutrition it includes a special blend of ionics oil-based vitamins, minerals, fatty and amino acids in an easy to use liquid form primal edge is powered by highly concentrated folic and humic acids nature's preferred delivery system they've been called miracle molecules because like sunlight, air and water life cannot exist without them that's right Paige, they ensure we receive all the nutrition we need to be healthy and thrive we take it every morning primal edge, formulated and approved by Nico and Paige of living a primal lifestyle buy it today for just $89 click on the primal edge banner on the front page of TFNN.com Hi folks, this is Steve Rhodes stay tuned for another great hour of The Trader's Edge heard here at TFNN.com Hi everyone, we're back and we're looking at the two minute, five minute, 10 minute charts 10 minute gave a beautiful peak D right there in the two, 29, 13s we plummeted down to the 2900 level and bounced up to 2907 then back down to the 2902 now we're at 290450 make it real simple if at 310 between 310 and 317 if the E-mini is 10 to 11 points down or more that says that we're probably running into into Tuesday with this pullback and if there's a good rally and we can go over 2908 that's about four points higher and 2908 takes you down just about five-ish points, four points I would say that's good to have just a down but narrower down close as it took a breather today my thinking has been a little bit more time because that was a big move up on Friday T-O-R-Y mentioned in the den T-O-R-Y Inc. Medical Cannabis wonderful example of the Chapman Wave Eiffel Tower or A-Pattern remember the A-Pattern straight up, straight down the Duke Ellington A-Train this is what we've got right here was that Coltrane all right, next thing we're looking at is a single leg A-up to 300 round number high back to the 21st the week of the 21st of September of 2018 a little pullback to the 200-period moving average around about the 46s we're at 48, 85 right now what a move all right, that's what you've got to be careful of this is like treat this area a little like the biotechs 10 years ago or so if you looked at the charts you'll see that every few months it was a spectacular move and what they were doing is that they were paying their CEO or someone with their accountant one of the big people in the firm via stock purchases and the stock was going to soaring up and maybe that person sold took the money and you sold this every three months I mean, it was like clockwork all right, well, that's it you're going to have Steve Rhodes you're going to have Dave White and then who's on for the show this afternoon I think Larry Besaventa that should be one of Steve Rhodes and Dave White 3 o'clock to 4 p.m. have a wonderful day I'll see you tomorrow hey, check out my opening call hope you find it beneficial and profitable I'll be back tomorrow have a great day