 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 727-873-7618 now Larry Pezzavento Hi folks with that Mozart overture This is Basil Chapin sitting here for Larry just heard that Larry has his I think he's throwed or something It wasn't it wasn't good And I shouldn't be doing this because I had trouble with the earphone, but I think we're on so here we go I'm looking at the Dow down 423 31,456 what I'm going to do in the show Which is Larry's hour, but I thought it would be important. I just do to cover some things I know many of you asked you would object to some of the grains of different commodities So let me do that. The Dow right now is down 450 to 31,046 the S&P The S&P is trading down 39 at 3884 so this candle that I talk about chapter of Roman candle if there is a move within two sessions Sometimes it's usually one or two sessions below half way of the long-legged back this day 3868 if there is a move more than 90 minutes below that level You got to be careful because it's very quickly test the left side of the candle which is 38 123 index 100 if trades for another I'm going to give it another thing 20 minutes if a trade time is 2 H5 is a Morning on this Tuesday If we close at least on the 10 minute block if a continuous whole is 285 And I would I would say let's give it all the way to the show if it does that there's a All the next day test to it with the lower Friday looking at the IWM the Russell 2000 also very bad Larry loves to look at was gold and he's got all these Areas this to that so right now it's at the 200 feet ripping eggs, of course I've never used to giving out what I have right here and there's two Sun is breaking up. Oh What a day So that is not good because that just means the whole purpose doing this and I've got a Ringing in the years from a telephone I will talk a little bit slow, maybe that's different. Let me know We're looking at the Dow the gold at 1865 right on period Sonic dissonance I'm going to be good, but I'll do this and then I'll have to try something It's at George Resistance it was support became resistance and it has been this is the gold But if you look at the gold mine is that I actually like to cheat them as the lead I prefer to see the gold mines for gold What we're looking at is that it's in leg C way under the 200 be moving out 25 So 32.7 Leg see so that says that gold stocks are not participating as well as you're looking at the dog Don't made a high of 5.1 in the continuous contract That says that the 50 period moving out of 101.42 when it's going to the 101.40 Really important support. I must say that already I'm very close to giving itself signal on the daddy not yet a cell mode But there's a return to both because I agree it's under the 14th period. So within that context is Okay, that's helping that's to see that's helping we're looking at the dollar. Let's look at the USD JPY and the dollar and the goal and dollar and the Yan usually go in the same direction of this the same They don't progress in the same way direction wise they do so USD JPY also trading down Down 1.26 at 126.62. I'm about to give this I am in fact going to give it a down arrow Which is in the cell signal it could even upgrade to a cell mode. So you've got these key currencies the dollar at the end pulling back That's helping the USD JPY move very nicely as I said in my show that I just a moment ago you are you Right at the 50 I was 0725 and this is a really good move and it's almost like you've gone in lately You've got a buy signal they upgrade to a buy mode. I'm prepared to put an up arrow now Euro which is saying euro is now sided up and With that next let's look at the The TL there's a good box box trading at leg C here again I have to consider that this is stochastic at 85C Magnetic good, and I'm not sure If I'm getting close to the break I have everything said because It's a hundred forty two thirty seconds up almost two points. That's a big move And that says the left side high that we're looking at I'll show you some Even though I reshown there in heavy breathing averages It doesn't matter because sometimes come to the same conclusion And this is that this particular job right here About my Friday, maybe Monday So that said I Usually go to the law bar this particular case Because it's That give us a green Left side right side price time matches this case is looking to be surprised. That's this there is why By By next week by early next week trading above One one point one point one four three point and at nine six that's the US Treasury bond So So I do the best I can in terms of that and I want you to show you something else with a TLT Also good funny enough It's a little bit bit Hey, we'll see what happens and where the Vix is it right now. This is still rallying. It's a bit This is just telling us a stunning So that said just want to make a castle champion I do tight All and I'm just sitting in for the hour of Harry enough Subscribers of people also could I be able to get you the brains to do that as soon as you chair does be a back Health of captain The time of booming inflation we are purchasing powers eroded There's no better place to protect your hard-earned money than ain't gold This the golds flagship asset is a month called gold project in the northern territory of Australia This is Australia's largest undeveloped 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 Mount Todd feasibility study Which resulted in a seven 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 This distinguishes Mount Todd as an attractive dearest party ready development stage gold project This the gold trades on the new york stock exchange under the symbol vgz You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life Before you decide it's impossible Get some advice from the experts you might find that it's not so impossible after all For daily market overviews that give you direction on the key indices selective stocks and commodities Subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by basil Chapman creator of the trading methodology known as the Chapman wave The Chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices Get the opening call newsletter by basil Chapman and your inbox every day First time subscribers also get a 30 day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 Finishing it 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 Hi folks Basel Chapman here sitting in for Larry Presavento This is the hour trade work you see but i'm sitting here at bitcoin bitcoin stuck sideways I ever since you made the 69 915 November uh The week of the 12th of november high at 2020 2021 It come came plunging down and then i've got the pattern that we call the dreaded age This is that art formation. It's like a low-case age usually tells The first week of the second ppk or pp in terms of ppb minus as it goes underneath the left side low That's the same rule of thumb On the left as we had with the huge art formation in the uh Euro dollar now what happens is you've got three bars to charge the middle here is 80 15 country and it says that At bit point went below the low that was made to the week of the 28th of january at 32,960 And it's the third that it's been there. This is called the chap we broke the candle And it's a very positive aspect Can close above the high for two out of three bars We keep on that a very positive But if the stars trade in the middle of the scandal for a good three hours or four hours of session Be careful that 25,000 Low that was made about two weeks ago That's that's the rule of thumb is that If it holds, I don't know about that but about this week and next week closes On any hundred This is now any day if it starts straight most of the day below 28,500 Be careful because it's Low and very quickly Now a couple of things that I need to look at because We think the context of say the lady I was asked about lady yesterday and I said no no no This is it's not breaking down It's just stuck in the range remember rectangle formation can last a lot longer than the patience And if you do this you see that it's basically in a rectangle formation and you can make it a smaller one say Continuous contract trading 47 Is right at the 50 Yesterday and it pulled back but then it's holding above the 90 In period of moving average that's good Magnet is good stochastic kind of weak at 45% unbalance volume the blue is just And yet if it manages to go to 965 on any lady flows Lady There's a good chance that if you go to my signal If you're crossing green Then you can have another test of my I can just tell you that it should trade any point in the next week To over 972 I would have to put 975 so 975 That would be a very good Each time it's just stuck in the range P.A.L.L is Palladium Palladium is Palladium physical Palladium Starting at 185 I made a P.D. the monthly trial This is quite deadly I think they did it again I was taking about 85 of the P.A.L. that's 300 And Yeah, too. We're just looking at sideways action So let's do this once you look at the questions came in about Poodle Now I can only look at Poodle on T.U.'s contract At this point you got 9 cents or got 8 cents At 110.7 What I am looking at is in Upper range of this particular Registry here You see that I can draw a little rectangle And say that the larger rectangle of the of the weekly chart I hope you just take this because you need to see First of all monthly chart, look at this The top of the tops can be made. Look at all those tops that were made for years 2010 2014 Yeah, that was 110, 120 years ago It just stuck. Couldn't get out this quick And then it plumped it down And then what happened is it wrapped it up And it came 30 down to the 8.4 20.20 look I've got that as 7.60 The 6 is the country's 1.50 The 4.50 change Actually it's minus $1.19 I'm going to put that in because that's what it's written as minus Minus $1.19 That's April whatever it is the chart pattern is absolutely accurate everything's accurate except the price gets smoothed out because it's a continuum And it gets reached out so the April low 2020 and then it runs up and it goes to runs up to 89.72 that That goes to 125.83 25.83 5.83 for whatever the high is That wasn't changed That was March 2022 Whatever that high that's the and now you're starting to see we creeping up So this is that inverted travel way roman candle And that says if there is a trade in the monthly chart we're looking at Any day Kudo trades closes above 150 Be aware that it could really quick go to 125 So within that context what we're looking at is it's in a high level consolidation It's just in a trading a very narrow trading range And it can stay this way for a little while as long as it doesn't break significantly above the high of 112 112 79 the continuous contract that was the high it was made On the 17th of May if it does that and the source to trade towards that 150 area Everything kicks in there's a little mini rectangle right there in the day in the weekly chart says You make higher highs and higher lows. What's the trend? The trend is higher highs or higher lows. What's the trend down? Lower highs and lower lows So that's What you're looking at is we are looking at the Kudo having a high level consolidation And all we can look at at this particular point is to say well high level consolidations can continue for a whole for a while Very very big you make one spike to the upside and then if you come back down into the rectangle point of rectangle out Normally just a bunch below the rectangle So that's Kudo. We want you to look at heating oil each job and these are continuous contracts There There it is. Oh, I haven't updated this. Oh, what I can't do. So this P a B c1 c2 all right at 3.81 It's saying that yes, there's also a high level. It looks a little bit like the dollars pull back quite sharply from the high But it's still in the high rates at 2.8. I always say 3. A close below 20 at any time in the next two weeks is oh Kudo is about to be back And if it breaks above The high of six of uh A the weekend six of back of 4.27 this say it goes to 4.35 or higher That's this even crude oil starting to be impacted by all these different rates So the question came up. Could I could I quickly look at how we're about to go to a break? So you won't be able to do that in the break I might be able to do some to the sideways range in the rectangle formation You won't ever see in the day Yes, he If you want to take advantage of this sector now is the time to subscribe to my gold report The gold report is a comprehensive look at the metal sector as well as the markets that move gold Which is the currency and bond markets new subscribers get a 30 day money back guarantee So you have nothing to lose every monday morning I published the gold report with coverage of gold silver bonds the xAU Gdx as well as more than 30 different mining equities To sift yourself the types of profitable trades that are recommended within the gold report sign up now by visiting tfnn.com Don't miss out on the next great gold trade. 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I think we actually resolved a whole bunch of those things during the break And uh, now let me show you a couple of things. So you see this pattern right here this rectangle pattern I'm going to put an up arrow here which suggests that In time Alone we've gone to a leg c and a peak c and the trap wave. We're always looking for identifying the lowest Low bar and from there counting each successively higher peak. Let me just do this real quickly And from the low bar, we like to count each excessive peaks. Um, this is Successively alphabetically abcd D is where other things can happen the fourth highest peak, but it can go e f and g It can recycle and have a whole brain you move to the upside So A buy signal gets upgraded to a buy mode under certain conditions certainly in a leg b There's a good chance that it can be upgraded. We just did that. You saw I upgraded the daily charts of bonds I upgraded the daily chart of the euro And I said that you've got a comparable sell signal in the dollar Well, even though we've been along since 90.07 via the uup since 2018 We're still thinking that there's some kind of a pullback coming and um, so this here goes from a buy signal To a buy mode meaning that there should be at least four higher peaks at the fourth highest peak other things can happen But it takes you to that fourth highest peak. So here we are. We're looking at this peak c right here You've gone. You haven't gone. You just need to go fractionally above it and you get yourself a leg d Hasn't happened yet and my rule of thumb is in a narrow rectangle A rectangle can last a lot longer than your patience And that's exactly what we see in a market like this where you go up 600 points in a day Friday 600 points in a day Monday um to see a trading ban between three 3891 and the e-mini And three let's call it 380. Let's go to that low there 3875 In the in the uh, this is the one minute chart For for this amount of time from 10 20 actually just a little before 10 20 to where we are now an hour Hour and a quarter and you're stuck in this range. So this is really important if you have to look at the n q n q h hopes a and q m 2 2 There we go That's also being in a range, but it's making slightly higher highs and higher lows and that means this is peak a peak b peak c Recycle a Also a b and a c and then you get a combination of a d. Let me put that in many of you like to look at this So this is your peak a right here. Yeah, as long as you don't take out the low bar It's still current. This is your a Up a case on the way up. This is your c underneath it. You have an a You have a b you have a c and low and bold you get your d d is slightly higher than that. That's called the cumulative uh Peak d overlapping because of when peak a bc and underneath it. It had another mini a bc or at least a gray a bc That should always take you to a d and then you get a pullback But it's still the nine is still holding above the four the 14 period moving average to just at this particular moment There's still some upside residual strength We'll see if that holds right and there's your rectangle. This is the Uh one minute n q m and it makes a difference You saw these are the same notations I use on the monthly chart But it just doesn't matter what time frame Now let's get we'll skip that and what I want you to look at my questions came in Let me see where was it here um Yeah, the mic should be good, right? I hope you were You you got you went through and you were patient enough to stay with me because That's what we're looking at. So questions that come in. Let me just see Yes, so bitcoin. Let me just do this btc bitcoin had a spectacular move This is the continuous contract went to the what's the objective in the chapter way methodology to get you to at least a d in a buy mode Well, I went to a d in the in the monthly chart. It went to a d at 69,950 in the Weekly chart it went to the last one. It was a d in the daily chart It's slumped down to 25,350. So what do I do? I normally just grab my the trade station tools and I go Whoops like that And this is tells me you've been in for a week in a one two three four five six seven eight nine ten 11 12 so for about 11 or 12 bars 11 or 12 days in bitcoin It stayed in the strain in the in this trading band this narrow of the being having huge moves into uh, into day sometimes because this move right here into day just the one that made the low on the 12 that went from 25,350 to 30 100 I would say a six 700 point move Is is that's pretty big and yet it is stuck in this narrow range So it's it's testing the waters is it bear isn't going to be able to break to the upside Normally what I would be looking at in a pattern like this is that there is one Failure in the H the dreaded H pattern the dreaded H pattern is this pattern right here. Remember I mostly look at three I mostly look at three I have directional moves straight up straight down cup formation arch formation And the dreaded H is where at a peak a or b it fails and comes down and retest the left side low How it deals with that is one thing and on the right side is the green Y reverse Y formation how it deals with this left side high is the most important thing So yeah, we go. We've got the dreaded H Potential pattern here and it says if there is a close in bitcoin below 27,600 That's 1400 or so points below this level around Be careful because there could be a real quick move. Oh, I did this already remember. I said bitcoin This is the chaplain wave roman candle right here has a tiny little wick a long legged body and then closes a half to Two-thirds off the low and that just says at any point if you start to trade under 28 300 You're probably going to retest the 25 000 350 error. That's why this moment right now. It's going to be so so important and So I did that I did that oh wood This is the i shares global timber and forestry etf peak b in the monthly chart peak d And look at the sharp pullback in the weekly peak d in the day. Look at the sharp pullback So it's held so well so far. Now. Look at this as a global unit High wood i shares timber and forestry etf. That's that is really good action Except now it's starting to weaken and now we're going to be watching it because I like to put wood Wod this is the symbol for the i shares global timber and forestry etf Um trading at 85 59 dollar dollar 17 and let's go to High-grade copper. I put them together because look it's almost the same pattern in the monthly chart Now look how fantastic this is look at this beautiful kind of cup formation Um, I didn't want to make it a cup formation because it's a little lopsided But sometimes we get these gravy cups where there's a lopsided test to the to the most recent high In this case the most recent I was way back in 2011 round about five bucks It slumps down to the two area has a wonderful way of going up to the most recent high And now it's at a peak c and pulling back. But look at this Wod and this is the international the global economy um It's almost the same pattern on the right in the monthly chart So I like to put them together and that's just saying internationally. Maybe there's been up until now uh Pretty good Pretty good stabilization at these higher levels of these key And very uh, particularly oriented I'll be back buzzer trap. It's in here for Larry Pizavento. 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That's tfnn.com then hit watch tiger tv We'll go start over to there and we're back our basal chaplain sitting here for larry piz event I believe larry maybe I'm not sure if he has sore throat just wanted feeling great after fabulous webinar the other day and I just I had told same thing with with the the Speaker I just for some reason I couldn't I couldn't get it. I'll do a replay sometime I really I'm upset that I missed that especially set aside time that I love hearing larry's Technical veracity and all the different techniques that he has so look at this the rectangle formation could last a lot longer than your patients Now we've got a smaller rectangle now. It's getting to the point where it's saying I'm making slightly higher higher lows I haven't yet broken out to the upside and that just says I could within that context We've got a peak c1 I'll talk about that just for a moment those of you do chaplain wave analysis You know what I mean? So this is right here and there's another one c1. This should go to a d But there it is we're on our way leg d as we're talking about it This is exactly what we're talking about. You had the raised rectangle formation and now for the very first time It's only a one-minute chart. I can say that there is some kind of base attempt being established How that's going to unfold for the rest of the day is just it's It's really critical But I am looking at it as saying We've gone above it. We haven't closed because the rectangle formation is a powerful It's like a magnet. It's like the 200 period moving average. Aha 200 period moving average That means that if we start to trade There's a one-minute chart, but the the principles are all the same It doesn't matter what time frame if there is a touch of three eight nine seven point 50 Then the target of three eight nine nine point 81. Of course, this doesn't know about the futures trading in quarter points that 38 99 50 area will become a target and once it becomes a target look for the first time Since it broke down look how important the 200 period moving average was look at an unbelievable It was support for About an hour and a half and then at a peak d it broke down and it fell all the way from the 339 36 area and it plummeted down to the 38 3870 and now look at this the rectangle formation says Remember the rule on the upside is that can go to a high level consolidation Break to the upside once and then you got to be careful if it comes back and takes out the base Well, this is exactly the opposite You you took out the support and now you're breaking the base This is a real big positive because it says finally this is what i'll be looking at all day We'll see if we're going to be able to hold this but what we're looking at is the ESM 22, this is the One-minute e-mini He's starting to show signs that says aha The magnies good that nine period moving average for some time now has been above the 14 The stochastics finally above 80 to 80 percent at 82 percent on balance volumes lagging, but it is rally These are all good signs just one minute chart. That's all and now you're going to store property at the 200 period moving average So let me show you something here. This is the The 10-minute chart what I always say peak D is what you want to be looking for peak D at 7 10 this morning 720 at 39 48 point 50 pulls back to where the 200 period moving average gives a really nice Bicycle goes to peak D from the low of 10 10 at 39 06 point 50 runs up to a peak D at 10 10 bars 12 At 39 79 pulls back under look the nine period moving average is still above the 14 So even though it went down below it It gave a nice signal to say hey, I could rally and retest the left side high Well, what does it do? It goes peak a peak b peak c There was an east dash c because when you get to the previous high You've got to consider that there's the match. You remember I talked about the test The vertical test because the technicals were so strong there and look at the technicals here They weren't that strong. So it pulls back holes and then it goes to the peak D pulls back And you can do another test and say hey, this one was also very weak and it pulled back very sharply and what happened Look how important the 200 period even on a 10 minute basis. Look at this It held the 10 minutes the 200 period moving average Which is at which was at that point at 39 37 And it held it all this way a support support support At uh, uh, one o'clock This morning, I guess it was oh, that's right one o'clock this morning It pulls back gives a really nice balance to a peak a b Now this is something that my my subscribers to moping and calling her very well There's a technique that I call it's almost the same as a d. It says that the price Had enough technical veracity to say It could have gone one quarter point above that previous high But if you get enough peak c1 or c2 And then see a pullback that can act as a deterrent like a d Well, the 200 period moving average acts as a deterrent and look we we plunge and now i'm going to tell you that this is now a peak a And we're in a leg b I have to call it a gray leg a and a gray leg b because the stochastic is very weak At 20 3% but look the magnum is about to turn positive if the nine period moving average closes over the 14 period moving average Any time between now it's it's 10 minutes to 12 eastern time between now and 12 30 There's a really good chance that we actually have finally made some kind of a low today And then we're going to have a really good balance. It's going to be more a rally than a balance And there you are Look we use the 200 period moving average for a moment restore two bars and now we've broken up in leg d Whoa, let's see if the qqq Has gone over 380. What was it 385 for some of the q123? Yes, sorry 285.95 right on the 200 period moving average and we've got peak a peak b1 b2 This is peak c a peak a peak b peak c and then it goes to a d. It's the same as the dow as the e mini chart and then it goes to um an e and then it goes peak a b c This is leg d So one minute chart has gone to a leg d stored right at the 200 period moving average Huh, wow I'm not going to say it saved the day But just for this particular phase, you remember I like to think of the day's two phases or three phases Sometimes it's four and within that you get your early morning between six o'clock or 6 30 in the am eastern time You can have a spectacular right you're going to do all your trading and be done by 9 or 9 30 Then you've got this 9 30 to 10 30, which could be 11 o'clock And then you've got this period between 11 o'clock and 130 then what happens after 130 to 2 o'clock is like another day So the day is young as I like to say and we're not only down 263 the sbs down 63 So that's a start for me. That's just it's it's nice to see Because it's a validation of a technique that I've been discussing live Uh, we've gone to d we've retested we've pulled back one bar if this whole area of 30 30 901 to 30 I'm busy doing a show instead of trading it The 30 902 to 30 38 98 if that becomes supported any pull back and at any point by 12 10 to 12 15 The 3915 level is touched in the emini It means you're now above in the two-minute chart you're above and these automated chaplain wave Support and persistence levels of oh, I'm not always following that but that's what's there And it says 200 we're moving average resistance. That's where is that right now? Well I'll be back in a moment. Bells are trapped and bells down 29 282. Yes, it's down 60 Like that sitting for Larry for the ventures. Oh Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either Tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv Live every market day from 8 30 a.m. To 4 p.m. Eastern for free Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts To help you make the right moves with your money Watch online at tfnn.com or on tfnn's youtube channel and become the investor you were born to be Educating investors You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball. After all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices Selective stocks and commodities subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by basil Chapman creator of the trading methodology known as the Chapman wave The Chapman wave up down sequence gives you an edge in identifying price turns Finding the peaks and valleys in stock prices get the opening call newsletter by basil Chapman and your inbox every day First time subscribers also get a 30 day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors Everything in the universe is governed by the Fibonacci sequence This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market To stay on top of stock patterns You can take advantage of sign up for the Fibonacci 24 7 newsletter at tfnn.com When you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento On stocks you need to pay attention to and you can trust Larry's analysis After all, he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking Expect notifications from Larry on market movement. You need to act on at any time 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 Subscribe to the Fibonacci 24 7 newsletter today tfnn.com educating investors Hi folks, so Basil Chapman here sitting here for Larry Pezzavento We're about to wrap up the show So this is the nq one minute chart. It's above the 200 period moving average if it's and the nine is above the 14 So you see this little conglomerate of moving averages here It says look you've got to consider them when you go sideways You just join the rectangle narrow rectangle formation Now the issue will be does this become a double top? Well, the technicals are actually not bad right here So the uh, this is the nq the nq should 11,895 Is the 695 is key support if at any point the nq starts to trade above 11,780 11,820 This afternoon that's going to be really good So this is a difficult time right here because you're just about the magnitude of the 200 period moving average Is extant and as far as i'm concerned the 20 the e-mini pretty much Broke above and now here too that magnet of the 200 period moving average will it become a propellant rather than repellent? My eye says based on the action of the the 10 minute chart This is the the silicon like from a dating to a monthly says that this should be a leg b and if The nine eventually crosses above the 14 that should take you to the 39 27 200 period expedition moving average of the day any break to the downside that sees a 10 minute close below 3892 Says you're dreaming. I'm not going anywhere. I'm stuck But if it starts to rally it says, you know what with all this infighting that's going on in the market between the bulls and the bears There are just a modicum of of positives that can allow you to see some kind of a Bouncing the upside So i'm going to also do this just as we're about to Finish this program. Remember i'm just sitting in for ladders to enter they should be back I believe it should be back tomorrow. I normally my shows the tiger technicians hour 10 o'clock to 11 o'clock eastern time and my service is the Opening call my daddy newsletter key key moments now are going to be in the vixx index Holding so high In the 30.31 area if at any point today it starts to trade can't just go there, but it has a trade at 29.80 or lower I didn't like it to get a decent rally so um What I can say is I like a lot of looking around Up vices so far now a short term basis for the upside