 is a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618. Let's go to Eddie and Bookarton. Hey, Eddie, what's going on? Hey, Tom, how are you, man? I'm doing great, man, yourself? Good, good. It is a treasure to have TFNN every hour during the trading day to be there, to help you to guide you, and even to give you some peace of mind or like somebody else is there with you while you're trading this crazy market, either up or down. Well, listen, we appreciate you growling and prowling us out here because we wouldn't be out here, folks, if we didn't have all you guys, gals, tigers and tigers as clients. And the market teaches you every single day, man. Now, Tom O'Brien. Hi, folks, Basil Chappan, sitting here for Tom O'Brien, and we're looking at a Dow that is up 218 points at 34,379. That sounds big, but these days, with 1,000 point moves up and down, that's just kind of par for the course. In fact, there's a little mini. Look at this, this dogy candle right here. Sorry, this Roman, chivalry Roman candle right here with a tiny wick, a long body, the wick at the bottom, and now we're trading nicely to the top side. There are a whole bunch of implications. We'll get to that, but, you know, listening to that commercial just a moment ago, I really think that that sums it up for many of us and even for the hosts. I don't think there's any one of the hosts that doesn't, when they have a chance, try to listen to one of the shows and just kind of think, wow, that's really interesting. You know, both the technique on something that I never thought of, I must listen to it closely, how it pertains to the market. And that's really what we try here at TFNN is to be an educational resource. I remember when I spoke to Tom O'Brien back in 2002, I believe it was. I met him up in his new Hampshire studio, we had been in touch. I had sent him some charts and over the period of a couple of months, they evidently were quite correct. So he went to meet with me and we met and I don't go through the whole thing other than to say that when he, within 15 minutes of us meeting together and me showing him different charts and doing some things live, when he said, would you like to join TFNN? I said to him, the first thing I said to him was, I'd love to, but for me, it's really about education, independently of the monitoring and all that stuff, but this is education. And I think that's what we've done here at TFNN. We've built a huge resource for the whole educational aspect. And now let's get straight to the market. What we're looking at is the Dow is up a little more, it's up 247. There are a couple of things going on. Let me just do all the numbers and then I'll tell you what I think is going on. S&P is up 53 at 43.79. So the Dow is up 0.72%. The S&P is up 1.22 because we've got a couple of Dow stocks like Caterpillar that are down quite sharp. But then you've got Visa up huge and American Express, the other day, had really good earnings that was up huge. So it's a very mixed market in many ways. The QQQ index 100 trading vehicle, we're looking at a 347.18, up 6, up 1.7%. It sounds like a good number, but look at this chart. I'll talk about it in a moment. We just finished all the notations here in the chat wave. They detailed downside and IWM, the Russell 2000 small caps, they've just been fending. They've just not done very well. When you think about them at 244.46 on the eighth of November, trading down to 188.09 this morning, now at 191.79. Look at this, this is a propeller shaft in the weekly chart spoken for months, almost all year about this rectangle formation, how we can go above it. In the chat wave methodology, I have a whole bunch of webinars based on that. Besides my newsletter at the opening call where I discuss these things, but a narrow trading range means that there's a chance, at the upper end of the range says that there's a good chance that you're going to break to the upside. And if you do it with a PD in the chat wave notation, that's the fourth highest peak from that moment on, you gotta be careful because of the vulnerability. Well, lo and behold, it went back and tested the 207 support. It had a nice bounce to the 221 area. And then, boom, it breaks like a propeller shaft. Look, on the upside, you got the blade. This is the big fulcrum in the middle. Now you've gone to the downside. Unfortunately, we've gone a little deeper to the downside. Then we should have, this is the weekly chart and the MACD is very weak. The stochastic is down at 14%. Omboundance volume is getting oversold, but really bad. And the 9-3 removing average for a couple of weeks now has crossed negative. So that says that you've got a cell mode in the daily chart. You've got a cell mode. That's just a description. Remember, it does say, oh my God, cell mode. Everything's going, no, just says, at this point, it's in a cell mode because it achieves certain levels of support and then broken them. And on the weekly chart, look at this, if we close anywhere near here, that means there's a really good chance I have to at least consider that the monthly chart is very close to a cell single. And then it gets upgraded to a cell mode if it goes lower, but that becomes quite serious. But look, the 9-period in the monthly chart is still way above the 14. So that says, don't get too carried away. The technicals, the key technicals that I follow in the monthly chart are still positive. Let's get to gold. I want to do as many of these as we can. Gold is trading down about six points in 1789. Talk about the rectangle formation. I'd identified this quite a while back and I said, look, this is the core of the major trading in gold between 1840s and 1760s. That's really the fulcrum, the middle point, we've gone above, we've gone below, now we're heading towards the low part. And that just says that the whole area of 1760, we're at 1789 right now, should become very important support unless, you see this here, it's like a head and shoulders pattern. I don't like those patterns. I mean, I know they're around. I don't like them because when you finally recognize that it is head and shoulders, that's when it's already broken and it's ready to bounce. But what I am looking at is, if you look at the way the MACD is turned down in the weekly chart, if you look at the way this unbalanced volume has just made a V-shaped reversal, inverted V-shaped reversal, and the stochastic is very poor at 48%. It's just saying there's a little bit of vulnerability in gold that says it's still stuck in a trading range, but you've got to be careful that it doesn't start to make in the weekly chart lower highs and lower lows. And the only reason why I say that is because, let me just quickly finish silver, and I'll tell you why I'm saying that. Silver is almost the same thing. It's a little bit weaker chart formation. It's getting closer to the lows. It's broken key support in a trend line. Look at this, three times here, almost exact timeframe, not patterned, but timeframe of the arch formation. It's gone under it. Just be real careful because if silver trades under 19.75, it's vulnerable to go down to, what did I say? Closes under 21.94. I don't know what I said before, 21.94. Then it could retest that low that was made back on. I think it was December 13th or something. December 15th at 21.41. All right, the reason why I'm saying this is because the dollar is a leg C, which haven't we, we're always looking for at least four higher peaks should go to a leg D. And then you got to be careful with the weekly chart is in leg D. The monthly chart is made a leg C, but the daily chart is only in leg C. In Basel's dollar, why do I say that? Because in 2018 in April, we went along the dollar. So we go from 19 to 103, 102.89. Pull back to 89.21 and now have a really good rebound. You just remain low. We have taken one a little bit off of 96. I'll be back. Basel Chap is sitting here for Tom and Brian. We'll be having a look at the E-minis in a moment. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. 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We're talking about from two o'clock to two-thirty, I mean, 30 minutes. And then what it does do, it starts to move up and I drew this in where I used the bottom line and I called it the Chapman wave. Left side, right side, price-time match. Usually it shapes like a U. If you can pick out the bottom and everything looks visually, it's hard to do on a computer but the visual is so easy to see when you start to make higher highs and higher lows, you say, hey, maybe we can have the left side price that was right here at 43-73. 43-76.50 in the E-mini, SMB E-mini at 14.01. One-mini pass two in the Eastern time, which comes down to the low of 14-31. Yep, 14-31, 231 at 43-22.75. Make a left-side, right-side price-time match using the fulcrum of the base. It's nice when you visually think, hey, this could really work visually. And then what happens is you wait for your moving averages to cross positive. Look at the MACD, the way it already started moving high. This is one of the few times that it coincided with the low because it already started turning up. Histogram was moving up. The stochastic was moving up. And then it flattened out to above 80%, which is usually very good. And what happens is it goes to P, D, then it's what's called the Chapmanate Instance Restart because within three bars it makes a new recovery high. So it gives you alternate count E slash A. Turns out you can just because the MACD is so strong, you can just go continue as if the count had restarted. A, B, C, D, E. And now comes the really interesting thing. Is this now an E and an F? You're calling it higher than a G? Well, I put the G in, it did pull back and that says, whoa, we have to do a recount now. That has to become that D, the low after D is much higher than the low that was made right here at 15, 14, 14 minutes past three o'clock. So this starts a brand new, that's not a G. This is in the one minute chart, a brand new peak A and a peak B. And what's really important about this is this is where I was going to come to and I wanted to do this while I, this moved a little quicker than I wanted. I wanted to say there was an alternate count here and if it restarts, we should go to at least a D in the one minute chart. But wait a minute, this will move so quickly. I wanted to show the pattern right here is a technique that I call the falling ax formation. Why? It looks like this. You've got yourself a rally and then it starts to make lower highs and much lower lows. Then all of a sudden it finds some support. If the next price move takes out that declining trend line, you can get there's a possibility that you can get a one to one where it goes up in the same angle, the same number of bars to test the left side high or maybe even break it. Wait a minute, didn't we just see that? Yep, there it is. There's your peak D, remember at D you've got to be a little careful, yellow light comes on. What it does pull back makes lower highs and much lower lows and then all of a sudden it takes out that trend line. So right now it's up 61 in the E-mini, 43.79 because I can't do anything now because I'm in the middle of the show. But this took out the left side high and that could start a leg E in the 10 minute chart but this has got a down arrow and now a new up arrow. It could be completely wrong but this is the way we do it here using the Chapman methodology. Magnetic cross positive in the one minute chart. Stochastic is now at 86%, over 80% is what you want to see. You want to see the nine over the 14. So far this looks like we should have a good rally and now I can get to what I wanted to explain just a few moments ago when I was doing the different indices and that was to say that there are a couple of questions I'm going to get to all your questions. I wanted to say that within the context is, I'll go to the doubt for now just because I need something you can see as the daily chart is the weekly chart is the monthly chart. It feels like it's fantastic but there are times where the price that's how you get a rectangle formation cause you keep bumping into resistance and keep bump holding support on the way down. So what I normally do is I grab now it's done it enough times I grab these outer lines and I say, you know what? That's the level we're looking at and then if I can make a smaller one, I go like this and I say, okay, yes, the smaller one. So it says that in the Dow, what we've got is a rectangle formation and every time it gets to the outer limit on the upside you think, oh, it's going to break out and what happens is there is a slew of cell programs or cells that people have and you just get this wash of selling and what does it do? It goes all the way down to the support level and then you've got a wash of buyers saying, hey, you guys are nuts. I've never seen bargains like this. I am going in and that's how it keeps going up and down and up and down within a range when it breaks out of that range significantly you've got a trend, especially when you've had the volatility index the IX.X, here we are, the volatility index. As I said this morning one of my early morning shows, usually I do the target technicians at 10 o'clock. I did do Tommy Bryant's market kickoff early this morning and we were just bouncing around just like he's looking at right now. And I'd said if the volatility index and start to go into the 28th or even the low 28th as the market, as the Dow has like 150 or more points rally after three o'clock that in fact could be a big positive. It's kind of what in a way I'm waiting to see but I need other evidence to say this is going to be a big, big move to the upside on Friday, on Monday. But this is what I was thinking. And I've seen this often enough that I think I've got a kernel of truth. There's almost no way of actually identifying it and proving it, but I'm gonna put it forth right here. There are moments, I call it the nudge factor and what happens is years ago we used to have these buy and sell programs and everybody would say, oh now they're coming in with a buyer program. It isn't they, what happens is almost like an options expiration on Fridays. Most of the time, and I know this from having spoken to just not many but enough CEOs of big companies who at the most part have no clue about their stock price. You think, oh yeah, we're gonna buy them. Most of the time they're so busy with the company they just, they have no clue. They just ponder, we've got such fantastic products and everything and the stock's going down. Oh, we have nothing, we have no inventory, we have nothing. Everybody thinks that our company is doing fantastic, it's going up, I don't know how it's doing that. And that's almost the same thing as the nudge factor in the market. So that when we see there are enough traders now and I don't mean you and I, I'm talking about traders in the hedge fund. This is big money, million, two, three, four, five, six, seven. They just put it into work, boom, like that. That if they anticipate that there's going to be a turn, say down, and all of a sudden it starts to move up, they have to make decisions so quickly, sometimes done by computer, but so quickly and maybe they just went short. They're going to cover that short and they're going to move with the trend as quickly as possible. That's the nudge factor and I suspect a lot of the time the big players in the market every day are kind of clueless but they've got years and years and thousands of trades and they use that ability for their trade. 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TFNN is excited about our new software charting program The Art of Timing the Trade Charts in collaboration with Tom O'Brien 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 guardleafs, ABCs, 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 gonna 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. Hi folks, my name is Alisle Chapman, sitting for the one and only Tom Albright. I was asked if I would just show a two-minute chart on the E-mini because it's the same principle that I use in the monthly charts, daily charts, one-minute charts, doesn't matter. So you see this low right here at the 230 level at a time frame. So this first peak is called peak A. Next one goes to peak B and you see all of a sudden things cross positive, all these technicals cross positive. The next high is there, peak C. That's where you gotta be a little careful. Look what happens, it has a couple of bars of quite a big pullback to the 14-period moving average. Then it goes right back and it goes to an E, an E, and then an F. So that says at F you've gotta be really careful. Now what I call the one-minute chart, that went to peak C. That should have gone just a slightly higher to go to a D. It didn't, that can fail, that's okay. But look, the two-minute chart is saying, just be real careful right now because we've achieved that level that goes between the trading bands and I drew in the rectangle here, it went a little bit above and now it's a little bit below. I just wanted to show you that as part of the techniques that we use in the Chapman Wave methodology. Okay, now there's a bunch of things, questions are coming. I had a question earlier on an L-A-B-D, L-A-B-D, L-A-B-D is three times long. This is three times, oh, that's short now. This is the L-A-B-Ds. The directions, daily, three, S-N-P, biotech, bear, three times the I-B-B. That's the, I-B-B is the biotech. So now what we're looking at is, oh, you want the L-A-B-U, that's the other one, oh, you want the real one, which is the L-A-B looks, L-A-B-U looks exactly like the I-B-B, look, let me show you, here we come, we're ready, keep your eye on the left side chart. That's the daily. Okay, so it looks the same. So the I-B-B went to a lower low today, leg E. Now this is, to me, this is totally fascinating. On the shorter term, so many of these indexes, or sector ETFs, or funds, have pulled back really sharply. And even here you've got a potential doji candle for some kind of a turnaround going into next week. My biggest concern is this. There's no way, I mean, with two days to go, I'm about to put at a peak F in the monthly chart of the I-B-B a down arrow which says, oh, oh, it's at least a cell signal. It could even be a cell mode in the monthly chart. So any rally now, since it might, you got the 9-B removing average of 129, 28, then 132. So the question really was on volume. So we go back to the L-A-B-U and the volume is a little doji candle. Once again, this could be a turnaround for Monday, but on the 28th, the volume is 25 million and 39. And the last low on the 24th was 38.2. And now I have to go back because I, yeah, we go. Yeah, we go. On the L-A-B-U day, I'll add, it has broken Monday's low on what will likely be 20% less volume. Okay, that's just about what I was going to say. 20% less volume. And so far, the price has rejected the low. Would love a close over $16.60. All right, so let's just, if you don't mind, everything is going to apply to the I-B-B because most people will be looking at the I-B. A lot of people in fact are in the I-B-B. So if you don't mind, the whole thing will apply as well to the I-B-B because that's what has to move for the L-A-B-U three times long to move. So 5.7 volume on the 24th and 3.60 far today. All right, so it's kind of comparable. So the question really was what about energy? How does energy get used? And what my contention is that sometimes volume is really talking about energy, it's the fuel, and to really get the fuel to kick in with, if you're not using a battery, you have to be using a carburetor, or at least you have to use a regular engine, or a real engine, or that's to say. And that says, yes, you have run out a little bit on the fuel side, and you are hoping that the torque set up, that the wheel spin is catching on today, gripping the asphalt today, and that'll take off. So I like to look at a little differently. What I like to look for, and you see, this is a bit clear for me, you see the doji candle setting up me on Monday, as bad as Monday was at the beginning, we landed up on Monday, opening at 124.13. Then we went into date to 126.69, and had a low of 122.50 on the weekly chart. And we were at, well, it hasn't closed yet, but it said 126.20. So all I can say is, let me just double this, check this to see if it's not today's action. Oh, it opened, right, I thought that was wrong. 126.73 on Monday, that's what I already want to get. And right now, that's why it's a doji candle, because right now, it's just kind of at the, you're gonna go on away for the week, on Monday and you're back where you started. Now, what I wanted to say is, within the context of the use of volume, I don't get anything on the 24th. I do get the V-shaped pattern right here today. And this is exactly, I thank you for bringing this up, because it just takes me to the next thing. And tomorrow, for my subscribers, I'm opening call, usually on a Saturday and on a Sunday, it's usually a Saturday. I have quite a lengthy video. It's called The Overview. I do a whole assessment of our positions. We've actually raised a lot of cash. I think we're almost ready to start putting money to work. And so I'm gonna do a lot of work this weekend. But I wanted to talk about this. You see this V-shaped bottom in the on balance volume here? I'm going to show you something. I don't know, I'm doing this, hoping that it's a lucidates information for both of us. Look at the low that was made right here on the fourth of, there's a data chart in the IBB, on the fourth of March of 2021. Look at that ictus, look at that low V-shaped pattern. That was the low, it's still the low, even though the price has gone below it. In the on balance, that's our use of volume. On the on balance volume, look at the high that was made right there on the eighth of February of 2021. It's either exact, no, it's one bar earlier than the actual high of the IBB at 174.04. So I like to use this, it doesn't work all the time. It's just one of the myriad tools, CSN Rubber Toolbox that I've got. So I'm saying to you, I like your concept that there's a chance that we are trying to make some kind of, even if it's a bounce low, that's all it could be right now. We've come from 177 down to 122. I would just say that 55 points on $177 stock is a serious blow, it's about a third, right? So what I am looking at, there's a really good chance that rectangle formation that we're looking at in the Dow from the 24th of January low that was made on Monday, in many of the indices, I think if we hold well, and if today, instead of finally selling off at the end, we actually have a burst of energy and whatever happens over the weekend, oh, I have six or seven things I want to tie together here. So let me just answer you and say, Dan, that was a question. And I'm just going to say to you that is the LABU related more to the XBI, well, they look the same, that's the S&P biotech. Whatever it is, what I am looking at here is that there's a chance that we could have if there's no conflagration over the weekend and we come into Monday, I'm beginning to think that almost all the selling has to be done. I'll be back in a moment, Vazzalchap is sitting here for the one and only, Tom O'Brien, I'll be back down to 321, nice. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? Tiger Real Estate, LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating, Tiger Real Estate can help you make the best decision when it comes to all areas of the market. 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The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, four-side fund services, LLC. Toll-free at 1-877-927-6648, internationally at 727-873-7618. Tom O'Brien. Hi, folks, we're back. Basel Chapman for Tom O'Brien. Towns of 350 S&Ps of 17. This is really interesting. Remember the nudge fact I was just talking about? So this was really important with everything going on, with the possibilities that maybe there could be some invasion or whatever it is and you cannot take that lightly, the nudge factor is set to those folks that are just waiting on the side and saying, you know, maybe I should get him, maybe I shouldn't get him. Just, oh my God, they're running and they're running into Friday. That means they're expecting the Sunday night to be okay and Monday could be good. I better get in. That's the nudge factor. All right, I would prefer to look at things a little bit more objectively, if possible, hard to do in the market. So let me just do a couple of things here. The VIX index, in fact, is now in the low 28 to 2807. That's a really positive sign. We've only got about 15 minutes or so to go to the closing bell on a Friday, a day before the final day on Monday, oh, the two days. No, Monday's the last day of the month. So we're gonna be watching this closely. Remember my rule of thumb is that the VIX index on a Friday, you want to see is it holding green, which it only rarely does all the way into Friday and follows through with a big green candle the next Friday. Look at this, we had a huge move to 38.94 and now we're closing, well, the day's not closed, but it looks like we're closing towards the low part of this candle of the weekly chart of the VIX index. And this is fair in Russia. We've got all these things that we're worrying about, I even had to put the virus in the background now because it's more other things. And look what's happened, now it's under 28. So I'm saying that there's a chance and I want you to get to this, I wanna make this point a couple of times today and I'll be discussing this tomorrow in my overview video that I'm making for my subscribers. There is just a ton of stuff I want to look at. I want to know, I want to be able to try to objectively step back. For instance, we've got some really, we had long-term positions that had fantastic gains and we took profits on the way down but we still get some kind of a call and the question came in, why are you still holding it? Why don't you sell those? Because they were leaders of their sectors and were doing so well that if we were to come back, I want to see how they take off again. I wanna maybe add back what we took back. That's the reason why I wanted to keep them, one we were taken out of. I'm very upset about that. That's more an economic thing that we got to look at. Talking about the economic thing, let's look again like we did yesterday at Sintas. Sintas is the overalls, uniforms and rentals. The question came in, are we in a recession or are we going to a recession? And I said, we have been in many recessions, sector recessions. There's a terrible recession from 461 in Sintas Corporation, CTAS, all the way down to the low of Monday at 371. I would call almost 100 points of decline of 461 point stock at over 20%, that is serious. So this damage doesn't get repaired in a moment, but it does say that there could be a pretty strong two to three or four week balance. Make that H pattern then come back and retest the low. Well, I have to do the analysis of the close today, but I'm beginning to say, I don't know how much bearishness can come of all the, look at this. If you go to the QQQ, trying to rally is now up eight at 349. This is a better candle than it was an hour ago. That's a good sign, but look, nothing, there's nothing to see here. You have to start trading the 360s to say, oh, this could be really good. So, and look, there's a potential doji candle in the weekly chart. So it's very selective. So I want to go through all these things. I want to discuss crude oil. I think crude oil, now this is the interesting thing. What if crude oil has a pullback because everything's just put on hiatus for the next week or two, as far as Russia is concerned, politically, we're just stepping back here. And then you see a crude oil in leg D. You've got CVX, an incredible multinational oil company pulling back sharply from a peak D in the Chapman wave. That's where you've got to be careful. 137, round number high yesterday. Can you believe a round number at 137? Exact, and now it's down five points at 130 at a peak D, a leg D in the weekly chart, a leg D in the monthly. What if we just have an amelioration of all the turmoil and we have a think step back? And then all of a sudden, NG, which is natural gas, which vary on, not always, but very often trades in counterpoint to oil or it doesn't have quite the same veracity as oil. It's almost independent. It's really weather-related and many other things. What a really nice bounce today, more than about 8% right now, giving back some of the gains. Then all the way to 4.876. This is a natural gas, but if you look at UNG, which is probably where the vehicle that most people would trade, it is in leg D, it's gone above the resistance that I showed subscribers to open the call this morning. And it's the MACD's good statistics allows it, 47% on-balance volume is running, the relative strength is improving. So I think that we gotta keep up, we gotta be able to rotate through the different sectors and say, what's working and what's not? Look, the IYT. This IYT is the transportation index. The transportation index, I share the Dow Jones Transportation Average Index, too many words makes these double tops are unbelievable, 287.40 in May, plummets down to the 240s, screams up to where 281.45, tumbles down to the 255 level, screams back up to 280.87, and now is making a leg D with a nice candle at the bottom. I'm saying we're gonna have to watch next week really closely. I just don't know how much worse can it get at this point unless the whole time, not just the daily and weekly tides of turn, but the monthly tide is turned. Remember, I look at the tide, that if you can identify the tide, it'll save you. If you're going short and the tide is going down, you'll be saved even if you're wrong briefly. If you're long and the tide's going up, the chances are you'll be saved even if it pulls back a little bit. Most importantly, why would people on a Friday, unless they're being forced to because of end of the month buying that they need to do, why would you have a rally of 400 points in the Dow right now when earlier on we were down over 200 or 300 points? So this is very important. So what I am looking at here is this rotation is gonna be so important. I'll be discussing this tomorrow. What are we looking at? Why could a chunk of the work on the shorter term be done to the downside and why is it? Now I'm starting to see a little bit more of a chance that unless there's just some geopolitical economic something that comes out of the blue, I think we have a chance to have a nice rally next week. How long does it last is the question? Do we get out of this rectangle band? Just go up and then come back down and up and down. That can go on for a while longer than your patient. You're longer than your patients, certainly. Jets, this is the US global Jets ETF. Look, multi-chart broke down from that rising trend line. You've got a dreaded H pattern right here in the weekly chart. You've got the same a successful one so far in the, this should be a B, not a C, in the daily chart. But we'll be coming back from the whole COVID issue and all the variants. We will be coming back at some point or does it suddenly evolve that, you know that they talk about six to eight different variants from the original, that's the usual thing in a pandemic. And maybe that's a big factor because the more people get nervous about the news is cannot be good if you have another variant that's out there. So I'm just saying, watch this closely because if Jets, the global ETF trading at 20.36, manages in the next week and a half without breaking down under 19, no, under 19.30 can actually rally to the 22s as a 20.36 right now. And six, which is six, what is it six is? Oh, I worked in the wrong place. Six is entertainment, it's the outdoor entertainment. 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Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. So, folks, Valsalchamp is sitting for Tom and Brian. As we wrap up here, what I wanted to say is, so, Jets, I've spoken about that, that's the US Airlines. Most importantly, I'm trying to put this together and tomorrow for my, this is gonna be a video that I usually do for my subscribers on a Saturday or a Sunday. It's quite a lengthy one, it's a video and I discuss the positions we have, what we're looking at, but this is a little different. I want to go through different sectors. What I'm looking at, I want to discuss like I am now and it's free for subscribers. It's for subscribers, so you can subscribe, go to the front page of TFNN. But most importantly, it's gonna be a lot more intricate than normal. Now, what I wanted to say is, look how the 200 period moving average rejected Jets, the US Global ETF. Most importantly, if we can get something like six, which is six flags, entertainment, which has almost the same pattern in the same area of entertainment, outdoor stuff. Look, right up against the monthly to the Chapman Web Insight Track Repel zone, if this can start to rally next week, it's gonna say, hey, looking out to the spring, things will be improving. I'll put this together right here with Disney. Disney is having a nice session today, but it's making this better. This is a much better pattern. You see this orderly, higher highs and higher lows just consistently. I like that, that's a good improvement for Disney. And that says, maybe we're looking out at something quite positive. I'm way less negative today than I was before. We've kind of fulfilled a whole bunch of the things that we were looking at. And now we're gonna see what happens next week. We'll try to prepare for that. And tomorrow during my video overview, I'll probably be discussing kind of what we wanna be doing, what we're looking at, and what has worked, what hasn't worked, and what we need to be aware of. So let me just wrap this up and say, the Dow right now, INDU is up 500 points, going right, look, it bumped it for the third time. It bumped it to the pink, nine period exponential moving average. We want to see on Monday or Tuesday, Tuesday after eating the latest, up in the 35,000 above the 14 period exponential moving average, not back at 34,000, up at 35,000, and closing. And that'll be a really good sign. So much more positive, have a wonderful weekend, sitting at the top of the prime, and showing the tiger technicians our every workday, 10 to 11 a.m. Eastern time, and myself, so cool, and pick it up, I'll see you at the next level.