 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at 727-445-1044. Now, Larry Pezzavento. OK, folks looking good, Billy Ray feeling good, Lewis. We're under a little pressure today due to all the news that's going on. I posted the German backs, as you can see. It's been in a downtrend. We've got some ABCD structures down here, but they're going through those like they didn't even exist. These were about an hour ago. And of course, with the news coming out to the Chinese, coming back and retaliating, that pushed the markets down even more. The Dow went from down 300 to down 500 very, very quickly. The S&P down 25 to down 60. So we got some big things happening, which is good. We like this volatility. And as we said, from the very beginning, a long, long time ago, volatility is where you want to be because we're going to see some really wild stuff. Let's take a look here. The next one is the FTSE. And by the way, these prices are a little late, folks. They've already broken through these key levels. So that was done about an hour ago. There's nothing else I can do to do that. Now, what I was doing last night, I was watching some of the news that was going on. And I will share with you. We had a big gap down in the S&P. And then we had a rally in the S&P. And it rallied right up to the 382 level, which was around 2868, I believe. And then we went sideways for a little bit. And I'll just share with you some research that I do and might make it a little interesting from the usual stuff that we post here in the den. But we'll take a quick look at it this morning. Here's my AI, my artificial intelligence program. This is what we was looking for to happen through the rest of the morning and then early this morning. And then what it's done, I will just give you what the forecast is for today. Remember, this is just a sophisticated wild guess, as they say in a trade. But it's scientific in a way. But kind of look at the time around 11.30 to 12 o'clock. If there's going to be a change in trend, that's going to be it. Now, the one that came Friday was spot on at 11 o'clock. And it rallied 60 handles in the S&P. Whether that's going to happen or not, I don't know. But we've got something very important that we talked about in the newsletter. And also, last week, we got this from our good friend Rich Anderson. And we'll put this up and take a look at it. I'll be happy to look at cocoa and sugar in just a minute, Ruby, but we need to get this stock stuff because we've already filled the first gap there at 28.36. The next gap comes in at 27.84. It's not very far away. We could do that today if the dow's down 7,800 points. And at this level, it could really be easy to do that. So let's keep an eye on that because it's going to have some real wild stuff going on in these markets. And that's what we really like to look at. Now, many of the commodities are really getting hammered. Soybeans were holding up a little bit. And then they just gave away when the Chinese thing came out. They dropped another $0.10. They're all breaking down. And the problem for that is that they're in a free fall. And this is not good for the farmers. I spoke to Simon only yesterday on Mother's Day. And there's some land prices are holding up relatively well in parts of the area. But the problem is a lot of these farmers that did not hedge, their bank loans are in big trouble now. And that's the problem. You're going to have the defaults on the bank loans just getting higher and higher. And that's something that is relatively difficult to look at. So anyway, let's just keep in mind that's what we're watching. Now, here is one that I think is really important this week, folks. This is the CRB index. This is I'm going to get this up here. Now remember, all these patterns, they have a tendency to fail. So just remember that we had a big gap down in the weekly chart. So we're going lower today. We're probably going to get down to this 380 level. As you can see, that would be the continuation of the ABCD. That would be the three drive to a bottom pattern. Remember, we made a low last year in May. And where we are now, by golly, boys and girls, as Mr. Rogers would say, in the neighborhood of May. So let's keep in mind. Remember, we have a full moon coming in here on Friday. And we have Norm Winsky on the 17th. But tomorrow, folks, don't miss tomorrow. Because tomorrow, we're going to have Dr. Al Larson from Money Tide in Thornton, Colorado is going to be our guest. And Al is one of the smartest boys I know. I mean, he's at the head of the class. Let me tell you, he has a double PhD. And he's a really smart cowboy. He and I are the same age. We've been friends for many, many years. And he's going to talk to us about moon tides and stuff like that. All right, we're going to take a quick look here at the sugar. He's got the book, Your Electric Life. We're going to talk about that tomorrow. And we'll watch that also. But let's take a quick look here at the sugar. I haven't updated it yet this morning. But we went down. We had that big break in sugar on Friday. We went right down to that 1.618 level at around 1160. I don't know where sugar is trading at now. But that is really important support. If we go below 1160 in that May sugar, that is not going to be a very good sign. That's what I would be watching anyway. So keep an eye on that. And we're into May now. So we probably should move over to October sugar to look at it. But that's what it looks like. The cocoa looks a lot better because it's had a really nice move. And I think we're trading around. I did check cocoa this morning. It's at 1181. Yeah, it's holding up, Ruby. So it's OK. And the cocoa is holding up too. It's trading around 2314. So both of those are holding up relatively well. So I think that seems OK. But boy, they're just tearing soybeans up. I mean, they really are. I was watching. I was keeping an eye on these beans because we're completing a major, major ABCD pattern here in the November beans. And we're down there now. We're back to a little bit below there. And the number I was looking at in July beans was 801. We're trading at 794. So that's another one. Yeah, the cocoa is acting OK. Yeah, and the sugar is acting OK. Two coffees even acting OK. The main ones are the grains because this is where the Chinese are coming in. And they're playing big games here, folks. You know, this is getting to be like what they did with the Russian grain robbery back in 1972. But that's neither here nor there. We'll just watch that one day at a time. So that's the main thing. I do want to. I don't want to start the next segment until we come to after the break because I want to spend a little bit of time with the treasury bonds and also the US dollar. Because I think the US dollar has made a major top in here. We're starting to see signs of it in the euro, which we we mentioned several times before that we had a really strong probability of that bottom being made in the euro. We'll post that up here a little bit. We're already we're getting really close to this. So we're trading it a little above 112.65 right now, I guess in the euro. So it's acting relatively good. What's interesting is is we had a big big move here in gold this morning. We've had about a $14 move in gold very, very fast. So certainly not acting like what silver is going on, but you'll tell more about it. The Russian grain robbery that was 1972. They were playing all kinds of games about, you know, this was remember we were we were getting when Russia was getting ready to break away. Well, it took quite a few years, took about 15 years to do it, but they were breaking away from capitalism, socialism. And what happened was they needed, they needed grain. And so they were playing all kinds of games and we made them a really great deal on some stuff. And it put our grain markets into stratosphere for five years. Made this cowboy a couple of bucks, eight, seven, seven, nine. The Taz 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. 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Details on the Tiger's Den are on the front page of TFNN.com. TFNN has launched our brand new website. You can still visit us at the same TFNN.com URL, but when you do, you'll see a new and improved homepage with a much simpler navigation, whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new TFNN.com now and experience all the upgrades. TFNN.com educating investors. Call now. Toll free at 1-877-927-6648 internationally at 727-873-7618. Folks, we're back and I wanted to take a minute to talk to you about the gold market because we've had a nice rally here in gold of about, it was about 20 bucks. No, not quite, $17, which is a pretty good rally in gold. This is where we're standing here this morning in the gold. This up here so you folks can take a look at it. This is something that we had scheduled for the newsletter, for the commodity part on Sunday. And you'll notice that we were looking for this rally to happen and it certainly has. And now we're looking for a potential for a move down. I don't believe we're gonna get about $1,300 on this move, but we're very close, we're $1,298 right now. So it's going to be interesting to see if it's going to do that. If we get above $1,310, this would be a potential really strong bottom in the gold market. And the fact that we made that 50% retracement of that whole move from way back at 1167, all that's been able to do is make a 50% retracement. I mean, gold has gotten tremendous strength compared to what's happened to silver. Remember in the silver, we've been waiting for silver to get down to that 12, excuse me, $14 and $0.40 but we have not been able to reach that as yet. I thought we were going to get there this morning. We got down to 1463 and then returned and re-rallied 15, 16 cents since that time, not much, but we did take out the 78% level but it still looks like it has a chance to make that 1440. So keep an eye on the gold. If we get above $1,310 in the gold, I think you'll probably have a major bottom and maybe some type of economic surprise here and with these tariffs going on, anything will happen. There's gonna be a lot of political ramifications that I don't even wanna think about because I can't even stand to watch that stuff on TV so I don't, that's probably the main thing that I'm trying to stay away from. Let's take a quick look here at this US dollar folks. This is the one that I think is very, very important on a longer term basis because this is follow the money. Let's get this up here so we can look at it. This is the weekly. If you remember last week, I played little games with you. I said, do the homework, see the importance of these numbers that we're looking at. This is the weekly. Notice that 61% retracement that you have there. That's, if you'll notice closely, look at it from the time period from June through where we are right now, June of last year. It's a beautiful three drive pattern. It goes up to the exact 61% retracement and hits it two weeks in a row. That was at that 9810 level. We're now 97 and change below it. And I think we're heading down. And this means the euro is probably going to go up. At least that's what it looks like. But folks, let's take a look here and just go back into time. Go back to 2009, 2010, 2011. You see that big triangle there? That's an ABCD pattern. And if you'll remember, this was in May of 2011, there was a gentleman over there in Clearwater, Florida in his suite number 618. And he said that there was a thing called King Dala. His name was Tom O'Brien. And he coined it King Dollar and King Dollar it was. It went from 73 all the way up to 103. That's 30 handles folks. That's 30,000 large. So that was a big move. And you'll notice at that high up there, it made a really nice three drive pattern and a really nice butterfly pattern that we came down. And now we're at the 61% retracement. We are at the proverbial moment of truth. I don't know what's going to happen to the US dollar from here. But if it gets above 98, this is all wrong. But if it stays above, if it gets below this level of 96, this could have a really big move and the Euro could really scream. Why I have no idea about the fundamentals about that. So that's neither here nor there. So we'll see what's going on, going on to what's going to happen here. But we'll keep an eye on this. Anyway, let's talk just a tiny bit about, we're getting hit pretty badly on a lot of these things and it's not a surprise folks. Remember, we were watching this major, major pattern in the S&P and the NASDAQ and all these others were showing the big thing here where you can see the three drive pattern that we had. We had the big move down. Yesterday or Friday, we rallied 60 handles. That's nothing more than a short covering rally. You get those all the times, you get one of those today, you don't know. But those are just shorter term moves. But those bigger patterns, we had divergence in the NASDAQ, we had divergence in the Dow Jones industrials, a big divergence in the New York Stock Exchange, which is the biggest of all. That was the easiest one to probably pick out because if you looked at this New York Stock Exchange index really closely here, you'll notice that the low that we made on Friday was a 61% retracement of the low we made back in March. Now, if we go below that, you see the rally that happened. We had a big outside day up and now you're gonna reverse it on a big gap down. That's not good action. Look how many times since February that it hit the 78% level, folks. They don't always work, but when they do work, they work pretty good. So we'll see. Yeah, the market hasn't opened yet. We got another six minutes. I don't even know where the S&P is trading. Oh, here it is, it's trading at 28, 29 last. The old lows, of course, was at 28, 26. That's the low from Friday. And this is emotional stuff, folks. You've got to, if you've never traded without stops, you better start using them now because we're in an area where volatility is going to really, really pick up. Just look what's happened to volatility here on Friday. And you'll see that on Thursday, we made a big 50% retracement. That was one of our largest moves in a year. Up at that 24 level, then what do we do? We dropped all the way down to 16. And what is that? That's nothing more than a 61% retracement. And now the VIX is going to be screaming again. So the important thing is look at the three drive to a bottom pattern that we had down there at 11 and change that we talked about. That's a double bottom, a really nice three drive. We go sideways for a while till we get up to around 14 and then we start to accelerate. But volatility is here to stay. And I think you're going to see some pretty wild things. I think you'll see volatility way above 60 or 70, long before we finish this move in the stock market. But I don't know where it's going to go, but nothing else surprises me either. So pay close attention to it. That's all I'm saying. All right, let's move on to a couple of things that I wanted to mention. I mean, we talked a little bit about Rich Anderson last week when we had Rich on the show and they sent me something from the Weather Channel that they watch for grains and stuff. And I'll just post this so you folks can take a look at it. But we have a really, really wet situation all across Indiana, Illinois, Iowa, Minnesota. They're not being able to get coin in, but folks, it doesn't make any difference because the reason is if the prices are going down, they're there for a reason. People are scared. And that's what you're seeing in the volatility index and you're starting to see things. Remember, we crawled up a wall of worry, right? On the way up. Now what are we looking at? We're looking at a slope of hope. So they're looking at possibly maybe get these Chinese things out of the way. If they do this, they'll be a very quick rally if they decide, but we'll be able to see. All right, let's take a look at some of these those after the break, eight, seven, seven, nine, two, seven, six, six, three. Larry Pezzavento has just started his brand new service, Fibonacci 24-7, and he's already delivering content to his subscribers on a daily basis when the markets opened and even on weekends. Each Monday, you'll receive Larry's written report that provides detailed commentary and a summary on the charts and videos that Larry sends out. And throughout the week when warranted, Larry will send out via charts or videos or both the key markets that he is watching during the day. 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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, let's take a quick look here at the gold market because I think it's important that we realize that when they go to certain levels here that the market has a tendency to move very, very quickly. That's what we're seeing in the gold market right now. And I wanted to post this so that we'd be able to see where we are, but I can't believe I lost it. I just posted it and I don't know where it disappeared to. Gosh, hold on. Just a minute here. Is this it? No, that's not it. Well, this is where I posted it the first time, but I wanted to post what I posted for the, when the price went above $1,293, and here it is. Let's get it right up here and take a look at it. This was right out of the newsletter also. I posted both of them in here and we're getting up here now to this 1,300 level. I don't think we're gonna get above 1,310 today. I'm not sure, but we'll keep it on. Silver's still lagging quite a bit, so is platinum, but we'll see. I wanted to bring something to your attention that we talked about a few times over the past few months, and that was the things from... Rich, are you there? You and Larry. Hey, Rich, thanks for calling in, buddy. I really appreciate it. Hey, we got the world falling apart. Anything you wanna talk to us about that we should pay attention to? Well, I guess the key thing I would tell you today is I would go with Will Rogers trading strategy. You only buy things that are going up. They're not going up. They're not going by, you know, if they're going down. But he said add a little levity, but basically you've got two major powers. They both have to say phase. I mean, Trump thought the Chinese were coming and they had a deal and they'd been negotiating forever. And then on a Friday afternoon, they got a wire and basically all the negotiations had been struck out of agreement. And so then he waited until Sunday night of last week, you know, to send off a tweet that they were in town. They basically accomplished nothing. It's gonna take some time. It's, you know, this isn't, these are speed boats. These are big old aircraft carriers. You know, it takes a long time to turn a giant ship around and China and the US are giant ships. And I think they'll eventually come to some kind of an agreement, but I suspect it's probably at this point we'll take until the end of June, early July. I mean, I believe it's gonna take a while. I think the Chinese misjudged, from what I hear, they misjudged the US. They thought when the Pence and Trump were talking about cutting interest rates, you know, that that was a sign of weakness. So they figured that, well, we've got that for hand and we'll just go back and everything we've negotiated on at this point and start over. They misjudged the situation and now they've got to reevaluate, they've got to come together, but it's gonna take some time. And, you know, 50% corrections in the stock market, let's just talk to Anthony as an example, are very much the norm, right? And 50% correction off of the December lows, that's not an unusual correction at all. And so why couldn't we retrace back at least that amount and shoot? I'm just calculating it out quickly here, but that puts you down 2,700 and a 618 correction puts you down, that's 2,630. I don't see any reason it's not gonna go there. And if we close under Friday's lows, you know, I think the odds are incredibly high. I can't, you know, I just couldn't believe that people are willing to give money away on Friday, rallying this market up. I thought opportunity is knocking, you know, it was give it, you know, take my money, please. That's what they were doing. I did not understand it, but in the meantime, all the agricultural markets are gonna suffer, copper's gonna suffer. If I was looking for one or two markets to give me tells of where there's value and where maybe we're coming together, let's keep our eye on Dr. Copper. You know, Dr. Copper's down again today and you know, it has a PhD in economics. I would kind of keep my eye on that. Now, the previous low on copper back in January was 25610 and we're at 270, 220 right now. So there's room for that to come down some more. I wouldn't be at all surprised to see that double bottom. I mean, as it takes time, these markets are gonna shake out and they're gonna give us some tremendous opportunities. It just doesn't look to me like it's today. Rich, I posted a chart of the Christmas corn, December corn and it's in the sewer. It hit a pretty good low on Friday at the 61% level, rallied a few pennies and now they're hammering it again and it's trading at around 364, beyond the 1.618 expansions on the long-term weeklies. Is there anything down by the cost of production on December corn? I mean, you know, the wetness that we talked about over the weekend is still very, very prevalent, but no one cares about that. It just keeps dropping, which is because farmers are in big trouble. Larry, just between you and me, don't tell anybody, but they'll care about that tomorrow. In 1993, if you look at the amount of corn that was planted at this date, and that was a year where we had a drop and the yields came way down, and that number comes out, you know, the planning progress comes out tonight, that's gonna be a big thing. Now, the key thing is if I haven't put any fertilizer and stuff on my ground, all of a sudden, prevent plant's gonna be a better option than planting anything in these kind of prices. Now, I expect, by the way, that the farmers will get bailed out because they're being punished the most by the money that we take in on the tariffs will be turned into the farm program and will support the grain prices, but that's months away too. You know, these are just things that I expect to happen in the future. If I was gonna do something today, I'd be looking to buy a few corncalls because the planning progress tonight, I think will be dramatically below 1993, and I think that will be the focus tomorrow. You have to, when you're looking in front of mail, you have to look at, well, when are they gonna focus on this? Well, they're not focusing on it right now, they're focusing on the disappointment over the weekend and nothing got done. Tomorrow morning and tonight, they'll be focusing on, geez, we got, I mean, we don't have anything going in South Dakota yet, our wheels haven't been turned, it's too wet, and you know, 1993, just take a look at the chart in 1993 and see what happened. So eventually the lights turn on, but it takes a while and the lights haven't turned on yet. That's for sure. Rich, what are you feeling about the crude oil market? What's going on there? Is anything that looks interesting to you? Well, I mean, there were two tankers, the Saudi tankers that were attacked in the Straits of Hormuz and that's what's caused this rally today. So I mean, anytime some guys wanna do a little fighting by attacking tankers, which are hard, are basically defenseless and they're very easy to attack and now they need to be defended then, it's a different story, but yeah, the first time they get away with it. So that's what's causing this rally today. I would point to one thing, in Germany today, they opened up the electric highway where if you're a truck that isn't electric, you get taxed. Wow. Hey, Rich, thanks for joining us. Our corn options, at least you got limited risk. Hey, thanks a lot, buddy. Thanks for joining us and we'll talk to you soon. Rich Anderson, Anderson Capital Management. 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. The interest paid is 7% yearly paid on a monthly basis. According to bankrate.com, the best rate for a four-year CD in the country as of February 20th is 3.1%. 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We had a little bit of a rally up to 57. And if you'll notice that little thunderbolt that we were looking for to possibly set up a potential buying pattern, that, of course, didn't happen. And you'll notice now that it's making a 1.27 expansion of the range from all the way through late April to early May, and that comes in right around 48 if it's going to hold that level or not. I would not, you know, if you want to, of course, if you buy it, here's what my whole premise is here, folks. The importance here is that little red thing. Look at the far left where it says March, April, then to March, early April, the 1.618 expansion came in at $52. Once we hit 52, it went down to 50 and a half, then we rallied. Once we went back below that 52 again, that's what your risk parameter is, folks, because once it gets beyond 1.618, I don't know where it's going to go and very few other people do either. So all I have to do is to go and look to see what the next potential pattern is. And we have an ABCD pattern here in Lyft at, you know, 48 and change. Now, whether that's going to hold or not, I don't know, but look at the distance between May the 7th and where we are right now. That's a one-week trading range. And that pattern comes in right around 48, which, you know, anything below 48, you're wrong. So you can trade a stock for under 2%. That's the main thing that, you know, we're watching. Now, last night, on Sunday night, we had a really interesting, beautiful, guardly pattern. I happened to be chatting with someone from the UK and you'll notice here, I wanted to bring this up here. Last night here, Sunday night, you know, we were setting right at the 78% level in the crude oil, just acting really, really, really beautiful. And at that time, I happened to be running the AI program just to see what it was showing. And if you'll notice here, it was one of those times where it happened to be right. And it had a, you know, really nice rally. We got up to that 63 in change level. So those are some of the things that I kept watching Sunday night, because the rest of the markets were relatively weak. And so you couldn't really do too much of what we're watching there. But we're up to some pretty strong resistance around 6370 in the crude oil. That's basically the 61% retracement that moved down between 66 in change down to 60 in change. That rally back takes you to the 61% retracement up there at 6370, you know, whether that holds or not, you know, will remain to be seen. Before Rich came on, Rich was kind enough to send this to me from Dennis Garment. I wanted to go over this again because it's relatively important. It's longer term stuff, but Dennis Garment watches the fear greed index. And he posted, you know, what happens, you know, when you get extreme greed and extreme fear, you can see from 2016, 2017, 18, 19, all four of those have brought some pretty significant moves down. I don't know if it's gonna get all the way down to where we were in December 26th. That December 26th low is so doggone important, folks. If we go below December 26th low, the chances of Mr. Trump getting elected will be somewhere below slim and none would be my opinion because that means the economy is gonna be not doing very, very well. That low that we made that we talked about many, many times. It was so many numbers coming together that it was extremely important. And since we're talking about those numbers and stuff, remember one of the reasonings that we had for the market being bearish way back in May was the fact that the lagging indicator that we used, it's just that banking index, you know, we had that. You can notice the three drive pattern that we had there on May the 1st. That was the same thing. We're making a new high in the NASDAQ. We're making a new high in the S&P 500. And here is the banking index, barely making an exact 61% retracement from the high in February. I mean, you have to begin to believe some of these Fibonacci numbers after a while if they keep showing, you know, something like that. So keep an eye on it. It's gonna be interesting. No matter what, we're going to be seeing some really good volatility these next few weeks. And this is what we really strive for. So we'll take a look. Now, speaking of volatility, it wouldn't be without anything to talk about unless we talked about the old Bitcoin. And we'll get up here. I want to show you Bitcoin folks because this is a daily chart, but the key here is if you'll see what happened to Bitcoin in the midst of some of the most bearish news on Bitcoin, you could possibly imagine. John Jameson and I were chatting about it on Friday. And it was actually, yeah, it was Friday when we first started to move above 6,000. And then the news came out extremely bearish and immediately moved $1,500 a share. So those are some of the things that we're watching that we need to pay a, play a close attention to. So sorry folks, that sigh calling in. Unfortunately, I'll see you. Shane Smollion has just chimed in here to tell us that the Fed juice is still out there. So pay attention, the Fed can come in here at any time and you could get a four, five, 600 point rally in these stocks. And if China comes in and says something, just be careful. This, like I mentioned, starting this show, this is the time that if you've never used stops, this is the time when you better start using them. Even if it's a desktop, it's gonna be something that would be relatively important. So we'll see what's happening. Anyway, we'll watch this. Hopefully we'll get Shane on as a guest here really soon. And I know we chatted about it. Hopefully we'll be able to have him. But tomorrow we're having Al Larson. Dr. Al Larson from Money Tide will be on and he'll be chatting with us. And of course he has that great book about the electrical part of the moon, My Electric Life, which I really enjoyed that book very, very much. It's available on Amazon for a very, very small price. But if you wanna know how, what he believes, how the moon affects us, it's really, it's very interesting. Again, it makes such good sense. And Al has a double PhD, one in electrical engineering and the other in computer science. So he's a pretty smart dude. Okay, let's talk a little more. My goodness, it's almost time for Mr. Rogers to take a break here. The other one that remember last week, we talked about the importance of that transportation index because it was such a perfect head and shoulders pattern stopping exactly at the 78% level, the right shoulder being left and a left shoulder. The time is perfect. That's the definition of a head and shoulders pattern, folks, that's an interesting one to do. Let's get to talk about the bonds. I believe we're getting ready to take a flying Walinda to the downside in the bonds. I'm looking at that 149.20. That would be the 78% level in the bonds if we get up there and we'll take a look at that as interesting. And another one that's getting ready to really come apart in my opinion is the high grade bond market. And this has been buoyed by high oil prices. And this could really be a nasty one. So, 877-927-6648. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trait that we tigers and tigers share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastering Probability. And for the last 12 months, Timer Digest has been tracking my newsletter signals which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, six, and three 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 at 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 on 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? All of the TFNN newsletters are informative, up-to-date, affordable, and a must have for every trader looking to gain a competitive informational edge in today's markets. 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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 of the opening call 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. All right, folks, we're back. And I wanted to just talk to you a little bit about risk control here, folks. These markets are very, very volatile now, mainly because of the news that's coming out and the fact that we have something as an outlier event. We've not had one of these trade wars before. And, well, this is a game that's been going on for many years with China. If you've ever traveled there, and I've been there 22 times over the past 14 years, and I'll tell you, a lot of things happen over there that are different than here. They don't, if someone does something wrong, they don't bother about a trial, they just put them in jail. So it's a lot different. And there's a big sign there when you go into China, you sell drugs, you die. The death penalty there, non-negotiable. That puts a screeching halt to drugs. Another thing that's going on here in Tucson, Arizona, folks, we are really in the midst of a crisis here. We've hit well over 1,200 people from South America, Honduras, Guatemala, and El Salvador have come into Tucson. They've taken over the gospel mission. They had to put up two large tents to take care of the people. These are not Mexican people, folks. These people are, these are not nice people. They're very angry because they don't get everything free like they'd have, and they get enough free. They get free meals and food, but they want money too. But it's a problem here in Tucson. We've not had this before. So there is a crisis out there. At least there is in Tucson, and I'm only 72 miles from the border. So I don't know what's going on, but it must be something big because they've basically taken over the gospel mission, and that's a great, great people there, but they're just overwhelmed. I don't know what's going to happen. Anyway, folks, I will want to mention to you that the one trade that I'm really liking today, it's probably going to be, scare the heck out of you, but that's a treasury bonds at that 149.20. That's a really beautiful ABCD pattern on the Gartley structure up there on the hourly chart. And we'll see if it's going to be any good now. I don't know if it's going to happen or not, but it's something that you're going to pay attention to. So let's keep an eye on.