 The following is a presentation of T-F-N-N. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at 727-873-7618. Now Larry Pezzavento. Hi everyone, Basel Traffman singing for Larry's, how I spoke to Larry just a short while ago. He called in to my show and he sounded very much better in just overall demeanor, but his voice is still kind of scratchy and I suspect that that tidiness from the COVID really just stays through. That's what I'm hearing from a lot of people, especially the ones that got it second time. In some ways they were affected differently, but it just seems to linger and we just want him to be well so lingering is fine as long as it's improving linger. And I'm here, I was doing this live a little while ago in my show to show how important certain aspects are on the chat wave that you always expect a bi-signal upgrade to a bi-mode should go to at least four higher peaks. Okay, higher peak B, higher peak C, higher peak D, and then you got to be careful. Well, look at this. Lo and behold the E-mini, this is called the floating letter because there is no peak. There is no peak there. Whoops. There is no peak there, there, there, there, there, there and there is a peak. And it turns out to be a double top peak. And what I like to do there is to show and demonstrate how you can measure this technical aspect at that peak with the retest and look how much weaker the technicals are. That doesn't mean to say it's going to plummet, just as that's where you got to be real careful because it's testing the previous high on much weaker technicals. And lo and behold, we've pulled back a little bit. But what I was looking at was a position that we have, that is an instrument that we have for subscribers to my opening call. It's the TQQ, which is three times long, the Qs. We have two positions and we have taken a little bit off on each one, but especially on the initial position. So I just wanted to use this to say in my webinar, questions keep coming up and it's really tough. Are you going to do live trading? I have no problem with live trading at all. I do this, I mean, all the time when I'm in front of a chart for decades, every minute of the day, I'm looking, I'm notating, etc., or maybe trading whatever it is. But most importantly is the whole idea is to have a webinar where you learn, it's education. So if I can't get in the education, what's the point? Yeah, I've had it before almost every one of my webinars, we always have at least something that gives a fabulous profit, but I can't make that official. I just, not at this particular moment until I've written out my notation for newbies. It's not the older people that come in, all the Chapman waivers that come in. It's the new Chapman waivers. And that's really, if I can get that just nailed to a very refined series of points that I can make very quickly, that's going to be different. But in the meantime, all I'm saying is it's going to be a course that really shows you how to be entered for all our positions that have done well. We've got one position that's up about 32% right now, another one that's up 28, another one's up 20%. But that's not the point. It doesn't matter to you what we're up. It matters to you coming in fresh and then having a technique that you can use. So that's what I'm thinking about. Meantime, what I will be doing is I'm showing how to enter the positions. Now, where did I have that? I thought I had there just a moment ago. Yeah, so we'll be studying and practicing entry points and exit points. And when you add, you get into a position, can you add to it? And if you add to it, where do you take it off? And if in the position you get to the D, what do you do when you get to a D? What if you recycle and you continue up to another four higher peaks? You don't read out the position. That's where I show you where you can keep something and put a stop on something else or just take off from media. Some people only trade Ds. Every time they get to a D in whatever they're trading, they're out and they have to rethink it. So assessing where to add a session. Projecting price and time targets. I do that all the time. In fact, if I go to back to the ESU, you can see here. Have I still got that? I wonder. Yeah. Look, beautiful arch formation. Look at that arch formation. And then I typed in, I showed the left side to the right side based on a particular kind of because there was no midpoint that looked at real obvious midpoint for a move to the right. So I have to use something else. I'll teach you how to use that. And then I'll teach you how to draw in. Chatterweight inside wedge target resistance line. Meantime the 200 period, the orange 200 period, moving out to the 10 minute ESU, which hasn't been touched, touched since it made this fantastic base right here at 10 o'clock on the whatever day that was, I think it was last Thursday or Friday, on the 28th, on Thursday. Look at that move right there. I was alive on air. I said we've touched this four times and see what happens. Look at that move. And look at the technique that I showed you. Where that, where it turned green. And from the moment it turned green from, let's take the next bar from 4056. Let's go to the high of the bar at 1230. It went before it changed to pink. It went to 4098. I would say that's pretty good. And then I spoke about the, I'm going to talk about this as well. The long rectangle. Let me just get rid of this frog. How long I use cup formations or you could use a V. If you haven't got the technique, the ability in your software program to draw in a, what it is, it's the quarter of the arch. So that becomes the quarrel to make a semicircle. If you haven't got that, you could just use a straight line. You could use anything. You could even type this out and just draw it in paper and pencil. And then I'll teach how you can use your left side, right side, the narrow rectangle that can last a lot longer than your patients. Eventually it sometimes pops to the upside and then breaks to the downside. In this case, we kind of did exactly that. And then it started a brand new move to the upside. And then it went sideways all through the evening. And then what happens is you had that sudden pullback right there from the six o'clock last night. And then it tried to retest and failed. And it pulled back to where the 200-speed moving average. One, two, three, four times hit. And boom, it starts to run. It goes up to a peak A. And now I have to call this a peak B regardless of whether it fails or not. And that's all you can do. You use your technique and you'd use your ability. And now I have to put an up arrow because the stochastic is at 86%. And it says, regardless of what you're thinking, my thinking was that today would be a bit of a consolidation day. In some ways it is. But my thinking was that the S&P would probably not either today or tomorrow and make a new high. And then it would make a peak C and then we wait for peak D. And after that we could be in for a bit more of a congestion phase. I'll call it. All right. So get that out of the way. All right. Now let's get back to the questions that I was asked before. And I'm going to go back to it. Go in sequence. Could I look at? I did that. I did that. I did that. So I don't know if this was a question about, OK, XLI. I haven't updated that in ages. I wonder if I've even got. Let me just see XLI. Oh, there's the first break. First break coming up. There's up 53 S&Ps up nine. No, XLI. Come on. XLI. Oops, I didn't need to put that up arrow in there. Oh, look at that move. A leg B from the low. This is the S&P Select Industrial Spider Fund. Why? Because it's got catapult. It's got going. I'll be back in a moment. Russell Chapman, sitting in for Larry Persevento's hour. Time of booming inflation. We are purchasing powers eroded. There's no better place to protect your harder and money than in gold. This, the gold's flagship asset is the Monk Todd Gold Project in all the territory of Australia. This is Australia's largest un-developed gold project. We are talking a world-class gold project in a tail-one mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. This, the gold just completed the Monk Todd Feasibility Study, which resulted in a 7 million-ounce gold reserve in a 16-year mine life. All of this combined with the approvals of all major operational as well as environmental permits. 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First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com Educating Investors Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN, Educating Investors. Toll Free at 1-877-927-6648 Internationally at 727-873-7618 Hello, it's Basel Chapman, full 90% of interest hours. I'm sitting in and a couple of questions I had here. I'm going to get to do this quickly and then I want to get to many of the commodities. I also want to talk about the dollar, et cetera. So let me just say... So ARKK. This is Kathy Wood. It's her... Oh, I haven't finished XLI. Let me just finish XLI, which is the S&P Select Industrial Spider Fund. It's trading down 10 cents at $0.954. It's had a spectacular run from below of about $84 in the dreaded H pattern. Lowercase H, I'll talk about these patterns, what they mean and what it takes to start to see a brand new buy signal after that H failure when it's taken out the left side low, especially if within two sessions, maybe three, but especially two, if it immediately flips up and closes above the left side low, which is what it did. But of course, this has a bowing. It has... this is the industrials. It has cannibal. Let me show you. This is only in a leg B. I've got the Chapman Wave left side, right side price, time match, and it says that by the 8th of August, this should retest the high that was made on the 7th of June at $97.34. Today's high is $96.04, and it's only in a leg B. It should still go to a peak B. That's a lower high. Then a leg C, a higher high than B. At the moment, that goes one penny above whatever peak B is. And it remains that way until it gets... it makes a lower high and makes a peak. Or if it's on a trough on the downside, makes a higher low. But in this particular instance, it's a strong leg A after leg E, a trough E in the weekly chart. This is pretty good. If you look at the monthly chart, you never know that in industrials that we've been in a seven month... it's a seven month cell mode or cell signal in the weekly chart, in the monthly chart, and yet it's only gone from 108. Let me just check the exact price. I used to have it all written down. No, I didn't. Yes, I did. No, I didn't. All right, and I'll do it right now. And that means that the high that was made right there in the S&P Select Industrial Spider Fund, the January of 2022 at 107.88, I think that's pretty darn good, down to 97 in a major sell-off, 1788, down to what I said, 98, it's called a 10 points. So that's only about a 10% correction in this huge industrial sector. That's really fantastic. So as far as I'm concerned, what we're looking at is a rotational, as I said to Larry when we spoke a moment ago, I said to my eye, we've been in recessions. If you look at the RTH index, this is the retail index. This one has 20% Amazon. It's been in a basically, this is like a recessionary phase, right? If you look at the XRT, which doesn't, Amazon is part of it, but XRT, not SRT. What is that? SRT 20 and 321? Not a bad chart. I've seen quite a few like this. Let me just put this down here. Let's just have a look at it at some point. So XRT, look, that's been, this is Amazon doesn't distort. It's equal weighted. Look at that. From 105ish or 104, down to 54, I would say that is serious stuff. So obviously Amazon was helping the other one and it depends what you're looking at. So yes, we've been in a recession in many of the same, most of the sectors. So that's, the definitions don't really count, reality is what counts. So let's get back to what we were looking at. The XLI, yes, very nice action. 95.61 right now. It's down just a little bit. And I like it. It's made a new recovery high and it's a leg A in the weekly. It's failed often in A or in a B, but this is going to be important. This is the whole 93 area. Very, very important support to hold over the next few weeks. But if it can break into the 98s in August, wow, that'll be really good action. So far it's doing very nicely. Next question I had was ARK. Let me do that now. ARKK. This is Kathy Wood. It's her ETF. Doing nicely there. Up $1.12 or 46.27. So I decided, we were in this at 37 at some point, money, money, but then I decided I would much rather now get the generics because when I go through some of the individual stocks that she's got, some of them are still getting decimated like a Roku, et cetera. So this says to me, so the question was asked where would a safer place to get in, would that be? And all I can say is that there is still risk here. If you look at the weekly chart, this move up in the general market, just ARKK, it's kind of stalling. I'd be very selective. I'd prefer to do it the way I'm doing it right now just because of the safety factor. Not that it's safe to be three times long, anything, but it's got a better safety factor. We have a plan for the week on what we're going to make, make alterations and generate other things. But in the meantime, ARKK, where would I enter? Probably this morning, if I picked it up a little earlier underneath 45, it's now 46, 27, but even here, then all you do is now you're going to have a little bit less, but I'm close to thinking that this week we're going to see some kind of a digestive phase a little later on if there's some people who can get to a PD. And that just says, I'd be a little careful. So let me talk ideal situation. 4250 to 4150 is where I prefer, I actually don't want you to go down there, but just visually that's where I would be looking at as a safety factor because it should be kind of oversold and some of those very, very oversold stocks are ready for a decent bounce that can rotate into the bounce so that it doesn't work altogether, but it gives it a good cushion. So that's kind of, but I would do this right here at 4626. I am anticipating some kind of weakness. I wouldn't even be surprised at the end of the day with some weakness. So my preference would be just a nibble at the lowest 44.01, 4625 uncompromised and I'd say, you know what, if it's just a brief dip to 45.30, 45.30, I just do a brief nibble there and I'd have a two point stop on that and then we'll deal with it. Let's go to our, we've got, we've got, we've got Greg in Austin, Texas. Greg, how are you? I'm well. How are you? I'm well. Thank you. That's good. That's good. You'd like to look at? I'm calling on C-Max. So this is Cormax. It's at an absolutely fabulous run. No, it's, it's CareMax. It's a, Oh, CareMax. Health Care. Yeah, more of a, I can look it up, but I think they do. So what's the symbol? C like car, M like max, A like alpha, X like X-ray. Oh, wait a minute. That's what I've got right now. Trading is 6.97. Correct. Oh, oh, I'm reading it from a distance. It is CareMax. I'm looking at it and it says, keep saying like a Cormax. No, it's CareMax. Wow. What a nice move from three, from the 340s to 6.97 right now. Do you have a position in it? I do. And I was just, I'm wondering if, what I'd like, my question for you is, do you think that it has enough strength to make it to that $8? Yeah, I, my answer is yes, but let's go through the sooner side of each other. Folks, we've got Rick on the line, we're looking at CareMax, CMAX and the Dow's up 70, we'll be right back. TfNN is excited about our new software charting program, the Art of Timing the Trade chart. 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Watch online at tfnn.com or on TfNN's YouTube channel and become the investor you were born to be, TfNN, educating investors. Larry does his show, and I did speak to him to tell me a lot better, certainly a lot better. But in fact, I think he still needs time. So let me go back to what we're looking at here. I think I lost it. There it is. So we're looking at CareMax, the symbol is CMAX trading at 6.99 down 16 cents. What? I'm correct, right? Yes, CMAX. So I like to look at the history, the character of the thing. One of the things I'm going to be doing, in fact, maybe I'll start doing it tomorrow, is look at the naked chart and just look at the chart pattern and say, what is the stock telling? What is the price of this tradeable doing? And if you look at it on a monthly chart, it's just made lower lows and lower highs, lower lows and lower lows. And finally it's got a nice big green candle for the month of July and now we've started August. But if you look at the weekly chart, even the weekly is just made single leg A up or B and then it's come down to a lower low. Failure patterns are like a dreaded age pattern. This is the first time in the daily in a while and this is the importance of a moving average. You don't need to use it until you need to use it. So what did it do? It had this cluster formation back in March where it went to the seven and the eight area and it kept on hitting the 200 period moving average and then failing. And then finally it just got repelled and it went away from it so far that you couldn't even think of it because the nine, the 14 were in the way. And then what does it do? Cross is positive, goes green and it's been green ever since and it's just hit the 200 period moving average last Wednesday and for three days it's been above four days, including Wednesday. It's been above after it just tagged it once and that was on the 21st of July at 683. And this is basically saying it's got a history of hitting the 200 period moving average and then turning down. What does it need to be able to hold? Well, it needs to hold about 85%, probably 90% in the stochastic, what is it, 93%. It needs to have the MACD still, the histogram still be very positive, the 0% line, whoa, it's doing that right now. It needs the nine period exponential moving average to be way above the 40, it's doing that right now. It needs to be holding above the 200 period moving average, it's doing that right now. So this is, are you in a position? I am. I just got in a couple of days ago when I was looking for healthcare and I was doing okay on a down day, I think it was maybe Thursday, somewhere in the last week, and I bought it and I'm in, I've got okay profit, I'm in at $639. So I'm all right. Well, you're all right, but this is such a low-price stock and it has moves into day even that even bigger percentage than what you're talking about because 664 is the nine period moving average but 635 is the 14 and it hasn't been at the 14 since it broke out on the 6th of July. So it's becoming more and more an important support level. So you and I know that these things can happen. What I am going to say to you is this is the first time that I'm looking at the technicals in the weekly chart that are just suggesting that this is a move that can hold but I got a feeling just based on everything else I'm looking at that it's going to wiggle and waggle around this 200 period moving average and that it could slip to the 650s. It could even touch 635 than the 14 period moving average but the most important aspect is that for the first time in a long time the weekly chart, and this is only Monday so I can only talk about it and the first hour and a half, two hours of trading the 9 period moving average in the weekly chart is finally crossed positive. So if that can hold all the way through that says it can go higher. So this is why I would consider that first of all congratulations you did your homework and you got in very nicely. What I am going to suggest to you is that this is exactly Caremax it's in the whole area it's in an area I don't know specifically what it does but in the healthcare area there are a number of groups that have had big digestive phases and have started new moves to the upside and there are a lot of sucks that have had spectacular moves like some of the pharmaceuticals that are now digesting those gains this seems to be a latecomer and it's acting really well so I like the fact that you got in what I am going to suggest to you is this what was your initial stop on your position and because it's good what was it? I don't even remember I don't remember now but okay so the most important thing is this this is one of those cases where I don't want to say because it's on air it makes the responsibility too great because no one knows what's next but I am going to say to you little doji candle high with a potential PD today says it could pull back a little bit but if by Thursday afternoon Friday morning of this week it has even gone one penny above the high of Friday which is at 734 not only will that suggest that there is internal buying going on it's going to suggest that if it can even get to 752 over the next two weeks I mean it doesn't sound like much but 752 is a big percentage it will break so far away from the 200 moving average that you have now built in support in the 690s that's what I would like to look at so I like it I like the fact that you're in I'm just suggesting to you that it's one of those with the small caps if it pulls back you never know they come from a PD and the next thing you know they're down 15% or 20% or they just don't give up they keep going high and you kick yourself you say oh man why did I even get out of this so I'm just going to suggest you think it through because this might be that you've got one position and that you really want to make a second position to it if it just dips quickly to like the 6 668 664 level but that very same day close it at 675 that's saying hey I like the upside and that's what I would treat it. I hope that helps you but I do like it and I do think that the weekly chart is holding really well for the first time. Okay great, I appreciate everything you do. I appreciate your calls, thank you and congratulations, very nice entry. So folks let me do a couple of other things because I said I would do them earlier on we did go there, we did go there Boil, I was asked about boil, is this boil is the ultra, I don't think we've ever been in boil is this the oil bubble, bubble, toilet and trouble or is it the natural gas of course it's the natural gas. So boil and peak A, peak B, peak C it goes to peak D and pulls back, if you don't mind I'm just going to look at the UNG they have the same chart, oh it does have the same chart they went to peak C and pulled back so if the person is listening still and you're still looking at boil, I'm just going to do United States natural gas fund to me that's a little bit generic to what I want to do and you can just extrapolate the same data towards boil which is I think two or three times long so this is UNG natural gas, United States natural gas fund today's pullback was just a little more than I like to see after peak C and it says that's a pity that was so deep, I would have preferred if it was above Fridays high so today's low is 26.88 it's trading at 27.23 nicely up off the 14 period moving average low okay if you're trading the boil you are doing this a lot more aggressively than I would right now and I had said even last week I said peak C pulling back you're on more than 136 is my rule of thumb for consolidations I prefer one and maybe three this is the fourth day of consolidation I would not be looking at boil I'd rather be looking at the UNG so I'm going to suggest I'll do a little work on it when we get back we'll do natural gas Basel Chapman sitting in for the hour I'll be back in a moment TFNN has been your trusted source of analysis for bonds, metals, stocks commodities and options for years and we are happy to announce that we are bringing that same caliber of analysis for the forex market Teddy Keckstat has 30 plus years of experience in forex trading commodity risk management, forex hedging volatility and so much more Teddy releases his weekly tiger forex report every Monday morning with elite coverage of all major currency pairs including the DXY, Euro Dollar, Pound Dollar Aussie Dollar, Dollar Yen Dollar Swiss Frank and so much more Teddy will recommend specific trades when the market presents them and provide updates throughout the week when warranted for the month of July, inaugural members to the tiger forex report will receive 25% off the monthly subscription for as long as they're subscribed just use promo code Teddy25 to lock in the added savings This offer is good only for the month of July so do not miss your opportunity to save on the tiger forex report TFNN, educating investors The technology around us is changing every day With so much happening it can seem impossible to keep up with all the information David White's investment newsletter The Technology Insider is designed to give you all the information you need to understand the technology that ships today's markets and tomorrow's future David White has made his living with technology His weekly newsletter will give you specific recommendations for value tech stocks as well as entry prices, target prices and stops to set for each trade Dave delivers his weekly newsletters every Friday with updates throughout the week You can get the Technology Insider at TFNN.com for only $37.50 Sign up for David's newsletter The Technology Insider and get an inside look at everything the technology sector has to offer with our 30-day money back guarantee TFNN, educating investors Are China A shares hot or not? 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This program is brought to you by Vista Gold Traded on the NYSE American and TSX under the symbol VGZ Hello, this is We're back and Basel Chapman here This is the papers of interest and our area is recovering It's starting to sound a lot better It just needs a little more time We're looking at the peak F in the 120-minute chart of UNG United States Gas Fund and it's pulled back to the 50-period exponential moving average It looks to me like it might need just a little bit more It needs to establish some kind of a base It hasn't even formed the arch the quora, that's the left side quarter semi-circle It's kind of trying to find it This is one of those cases I'd much rather be buying some strength than weakness because together with oil let me just see crude oil right now Made a peak DR There it is, peak D top You've got to be careful of those Look, there's your peak D pullback It has a huge peak D pullback in crude oil from almost 102-area trading right now 93, it hit 92 42, 10 points in crude oil and just overnight almost That's a big move There's your left side, right side price tie match, I do this all in on Friday and I say there's a strong resistance inside wedge target resistance line because I couldn't draw it from a particular left side low, I had to draw it from a certain highs This is the visual thing, sometimes it's purely mathematical, sometimes it's artistic In this case it was artistic but what a beautiful series of I mean this is nothing artistic about it It hit every one of those trend lines and then you broke above it for one bar 120-minute bar closed below it, Chapman Way Roman candle inverted Roman candle, boop comes back all the way down So that's the irony is that a lot of the time not always, but a lot of the time you get crude oil trading it doesn't sound like it should happen but often it trades inversely to natural gas they just sometimes go in opposite directions, in this case they've come down together and that just says to me I'd be a little careful, especially a double or triple of natural gas so if you are long, I wouldn't be adding to it right now, if you're starting to position that's fine starting is fine, look for 25.080 is a 200-period moving average it might just jiggle around there, you want this to move very quickly away and get over the 9 and 14-period moving average into the 2860s and right now it's 27, 29 down to $1.33 that's down 4.58%, that's a big deal okay, next question I had was could I look at the, what was it EQT, I don't know what EQT is other than that it really moved very nicely, it is sitting in the 120-minute chart right on the 200-period moving average which was resistance and now it's become key support but in the daily it's made a peak D remember peak D, the fourth highest peak is where other things can happen in the daily, oh it almost looks like it looks like natural gas here remember if you don't mind I'm going to take a moment just put it in here and I'll say what does EQT core do and it says the largest, oh natural gas I see it looks like natural gas we're on the same wavelength there because this is the same chart, yeah it's the same story, I just hold off it this is a peak D in EQT it's not a peak D yet it's only a C in the UNG and let me go to the natural gas continuous contract in G, I think that did do a D now it made a C alright so that's very interesting they're all saying they're pulling back a little bit trying to find some support here this is tough this is tough, it made a V-shape recovery and now it's pulling back from that do you remember Groucho Marks eyebrows anybody who knows Groucho Marks and it's a leg C in the monthly, yeah I think natural gas is still in play but it's a little tough, so ok all I can say is EQT leading independent natural gas producer with an evolutionary focus on our future oh that's what they say, very good ok so it's the same kind of chart pattern, all I can say is that natural gas, let me just go to the continuous contract of natural gas is suggesting that 7.65 in the continuous contract, that's going to be key support to hold I would rather be buying some strength and weakness, so I'm going to just say if you're going back to the UNG oh you had boil, I've moved away three fold I'm going to go UNG I feel safest that way holding support right now I think this consolidation might need another couple of days I would love to see a trading at 29, 27 or higher it's a 27, 36, that's two points so you're giving up two points but on the way down this is a 50 period moving average at 25, 20 boy, if it takes that out that's a big problem, that says it's even longer term between short and intermediate term or let's say near term and short term, it's more short term than the intermediate term, weakness looking at the necessary repair I'd be careful, right now I'm sorry I just have to decide to be careful next question is looking for it looking for that LTBR LTBR is something what is this light bridge corporation I don't know what they do, it's at $6.94 $6.94 down $0.13 this is what you want look at that 200 period moving average became resistance broke out a 10, we're closed under it broke out sharply and higher and even today is doing a little consolidation so that is different LTBR, let me see what they're doing what does what does LTBR stock do light bridge corporation latest light bridge corporation and I'm interested more volatile than 75% of US stocks over the past few months LTBR nuclear fuel looks like a nuclear fuel, look at that spikes up and then gives it up spikes up and gives it up, yeah this is one of those spikes but it should be less than previous and I like it on a short-term basis all the technicals are good $6.94, it needs to hold $6.50 and preferably before Tuesday afternoon Wednesday morning it's at one spike above it doesn't have to worry about the close but one spike above, yes Fridays have $6.46 $7.18 $7.18 sorry $7.18 if we can move to $7.23 and then what you've done is you've finally to this whole area of the $6.80 to $6.70 into support, I like this I like this on a short-term basis and nuclear, oh you even said to me nuclear power technology oh well I didn't read that did I okay that's that, that's that, that's no natural gas just and that says New York City declared state of emergency over monkey parks, bloody oh, viruses, oh my goodness well we were there two weeks ago I loved it, had a great time just walking and walking over there's always something new and I'm always just fascinated now suddenly there'll be a park and certainly Central Park looking back towards the two new skinnies at towers sort of being framed I love that so crab is a question that came up in my email crab is a Chinese it's an internet something, Chinese internet ETF, oh boy down $27.54 down $0.82, I said be careful this has got that rectangle formation that's gone from the cup to an arch and now it's making a second arch just be real careful with these Chinese stocks I'll be back in a moment Basil Chapman dollars up $124 very nice this to gold owns and operates the largest undeveloped gold project in Australia the Mount Todd Gold Project this to gold just completed their feasibility study resulting in a 7 million ounce gold reserve this to gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing an accretive transaction this to gold trades on the NYSE American and TSX under the ticker symbol VGZ this to gold executing a strategy to create shareholder value you might think that if you want to be successful at trading the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities 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Larry I just wanted to show you these are the techniques that I'll be showing during my webinar coming up a week from Wednesday and look at that I mean this is the left side right side price time match and it went to that point exactly in exactly the number of bars there's a two minute ESU chart futures and then it went to a peak I'm calling that a B and then I show how you can draw the cup formation or if you haven't got a cup you can draw two straight lines I mean one line there one line there going to the exact measurement on the left side to the right side again a price time match and it went exactly now it's a leg C so these are all techniques these are I mean you can't get much simpler techniques than these and I'm just trying to define them I'm writing them over and over and over I'm fresh never never heard of it before and to be able to do to teach it so that we can go live right away and do these charts so I thought I'm looking at of course you'll get a month of my subscription service they're putting call you've had a fabulous July I mean really in fact one of them is up 30% right as we speaking another one's up 22% 28% actually another one 20% so yeah we've had some really nice trades I mean I'm back at the ranch I just want to say great programming coming up we've got Kevin Kevin Hinks the thinker swim we've got Steve Rose Dave White and Tom Brian wraps it up check out my opening call my dating newsletter check out the front page I really think this is a the kind of service I'm trying to do here and with my webinar it's a live 9 o'clock to 2 and questions you ask me questions I answer them right away I'm going to show you the tools I'm going to give a little notebook that shows you some of the patterns that we're going to be looking at over and over I'm really looking forward to it and next week not this week now but the next week I think it's going to be a pretty volatile week I think we'll see what happens so in the meantime we're just about to wrap it up and Larry is going to be he's looking after himself I hope in his voice so maybe he won't be back tomorrow but he'll be back real soon but he is doing much better in his voice and that's great so thank you for being here check out all the different services don't forget you've got Teddy as this is the last day to be able to get his service of talking about the euro talking about all these different currencies etc and I'll be back tomorrow have a wonderful day