 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 Ben and San Jose. Ben, what's going on, brother? Hey, Tom, how you doing, man? I'm doing great, man, yourself? I just wanted to thank you and your team and everything. I've been using your technique with the 10-minute charts, watching the VIX, and just making a fortune here on the Futures. Isn't it interesting? That's awesome, man. It's wonderful. Thanks, Tom. I appreciate it. Okay, man. Have a great one. Have a safe one. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien of TFNN. We have five days a week. We go seven hours a day. We go 24 hours a day on the Internet at tfnn.com. Always remember, folks, whatever you think about, you bring about whatever you focus on grows. Everybody's having a great day, safe day. It's making a great night, folks. It looks like we've missed the bullet here, folks. Thank God. We're still going to be vigilant. But the bottom line is that it's interesting. The Gulf of Mexico, the folks in the Panhandle, man, it's always a trip, and I think that's one reason the Panhandle have never really exploded on price. What happens is that if you take a look at how the hurricanes come in, this one here was coming in, you know, running into the east, but what seems to happen every single time they hit Mexico is that it's like a magnet, and it starts pushing it north and pushing it west. And that's exactly what's happened this time. And hopefully, well, I don't want anyone to get hit, but that someone's going to get hit. But the bottom line is that that's exactly what's happening this particular time. So it's moving northwest still. You know, we'll get some rain. We'll get some winds. But nothing like, you know, what could happen. You have the power to create. Your power is so strong that whatever you believe comes true. You are that way because that is what you believe. In yourself, your whole reality, everything you believe is your creation. And he's talking about, you know, doing some projecting. Okay, the last few days he can imagine, right? Knock it wise. Let's take a look at it out here. Yeah, we have the Dow Industries up 226. Nasdaq up 233. S&P's up 56. Gold. Gold contract up $18.20. Trade in 1965. An ounce. You get silver up 50 cents. $25.10. An ounce. Light sweet crude. Trade up a buck 13. $81.23. A barrel. Notes and bonds. A 10-year note. Up 23 ticks. Trade in one, 10, 12, the 30 up a full point. Plus seven ticks at 121.05. And king dollar. King dollar down 524 ticks. 103.535. The euro at 108. The end's trading out here at a price point of $145 and the British Pounds at 126 to $1 US dollar. Offer numbers 877. 927.6648. Give us a call, folks. I know it's going on in your world. Excuse me, folks. In the world of the S&P's, let's take a look at it. What do you have? Well, this market's going to go after its highs, folks. You get window dressing coming. You know, we're in it. We'll be in it the next couple of days, OK? And you can see it doesn't take much. This buys up $5.71 today. You know, you get an expansion of volume. It's not huge, but it already got into the high volume barring the way down, which is the 446.77. Just blew that away. So your next one up there is the... Let's put this right here. You're going to see... We're right next to it. The highs of the lows are the... No, the lows of the highs is 451.88. Now, that's going to be pretty easy to tag, man. You know, and what that was all about out here is that you had the jolt's number come out. And so this morning when the jolt's number come out, the bottom line came out soft. And what the jolt's number is is the amount of jobs that are available and they've been going down for eight months. Now, in this particular number, this particular number came down very fast, though. So the bottom line, what does that do? Well, guess what? Here we go. Go take a look at the Newton-Bahn market. You take a look at the Newton-Bahn market. You're going to see that right off the bat, it took that baby right up. It took the dollar down. You can see that wide price spread there in the tenure. You go back over to the dollar. You take a look at the dollar. And what it did with the dollar is basically failed after... So the dollar had... You know, the dollar was trying to make this swing point, right? And it just missed it. Now, this is where this always gets cool, man, because the swing point out there was the 104-699. We spiked 104-447. Now, we haven't broken the uptrend yet, okay, but we're just about there, man, particularly because what you had out here is this. We can go back the whole last week and you kept having bearish signals. You know, you had a doge, a lost engulfing. You had another doge, a monster doge. That was two days ago. You've closed a little bit lower yesterday, got a vacation it wants to go, and now bottom line, you get a nice bearish engulfing. What we have is that you get one more day of this and you're going to... You know, you're going to see... Okay, the way this chart is set up, it has broken it, okay? What I like to see, the reason I want one more of these, I really want to see a break with conviction. You know, right now it will blow it, and a break with conviction is getting another wide-price spread accelerated volume, a little volume on the dollar. You get one more of those, guess what? Then you're going to start heading all the way down to this 99, 753. And of course, once you... Not once you have it, it's already happened, okay? You get gold and an ABC structure on the way up. Gold took off. You get $18.60. You get $165,000 contracts traded. Just the opposite of the dollar. That's how it works. You know, he's taking a B point out. The B point here had, you know, $137, $167, $176, you know, bottom line, you took it out. So, next move in gold is coming up to this 2028. A lot of moving pots, but the bottom line, let's go to the cues. We take a look at the cues out here, because what you get to understand is that in both cases, giving up the dollar gives the broad market also room to breathe. That's how it goes, okay? Because it's not... You got to always remember what the number is. It's what you can buy with the number, right? If the dollar is lower and you still have a higher number, well, guess what? That doesn't mean you can buy more, okay? So what you have here with the cues, you're going to see with the cues, the bottom line is that, you know, you mentioned volume yesterday, not a lot of volume, but you can see when you look at it, the bottom line is that it's, you know, that small downdraft looks to me like we're going to go right for the highs once again, which is really wild in the time frame that we're in. So we'll see what happens when it starts to, you know, basically get up to that level. We get a lot more data that's coming in, you know, week, basically, three or four days in particular that my take is that if this is actually turned, well, here, oh, then you go to the TLT, man, you look at the TLT. The TLT has rejected lower price, particularly on the monthly, right? And it never made the bottom. You know, even that you can take it to consideration, too, that the TLT has an expense ratio of .015. So even taking that math to consideration, the bottom line, we never made 91.85. We made 92.23. Okay? So that's saying that that's also now, you know, step by step. You're only going to be on the way to 109 and we're at 96. Our phone number is 877-927-6648. We have the Dow. The Dow industry is right now trading up 233 and has except 241. S&P is up 59. We're going to come right back. Currencies, commodities, markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the Forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the euro dollar, pound dollar, dollar Swiss, the yen, as well as many more, and he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60-minute webinar archive he just hosted, forex strategies, and fundamentals what is behind the Tiger Forex report. For all the details and to start your 30-day Tiger Forex report subscription today, visit the front page of TFNN.com. TFNN, educating investors. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, Market Insights provides you need to navigate the markets with confidence. Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30-day money-back guarantee for all new subscribers, so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter, Market Insights firsthand. TFNN Educating Investors. 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. Oh, toll-free at 1-877-927-6648. Internationally at 727-873-7618. Welcome back, folks. We have the dial. The dial is trading up $233. We get the NASDAQ up $244. S&Ps are up $59. Let's get over to our mammoth to Basil Chapman as we do each and every Tuesday at 20 past the hour. And don't forget, folks, Basil does an outstanding show here every trading day. 10 to 11 Eastern Standard Time also has a great newsletter, the opening call. Now, come over to our website. It's very easy to get Basil's newsletter. Come over to our website. You're going to newsletters. You're going to see it right on the left-hand side. Second one down, the opening call. You can get that for one month for $149. You get it for six months for $695, which is a savings of $199 at 22%, and you get it for one full year for $1195, which is a savings of $593 at 33%. They all come with a 30-day money-back guarantee. Basil just did an outstanding workshop for his subscribers, which is still right on that page. So when you get the newsletter, folks, you're going to get the current workshop. You're going to get the other archives that he did out there. If it works for you, great. If it doesn't work for you for some reason, 29 days from now, you can cancel that newsletter. Basil Chapman, what's going on? Hi, Tom. I'm pleased to hear that there's a better chance that you might be missing this. I hope that's the case. Yeah, it's, you know, living in Florida, we're always so lucky where we are. If you look at the makeup where we are, folks, we're right in the middle of the West Coast, and it's pretty hard to get hit, and thank you, God. We're pretty far out of it right now, so it is pretty cool. The poor people up at the Panhandle, man. That's just a never-ending deal, man. Oh, that's terrible. It really is. Terrible, man. So, what are we going to look at out here? So, let's do a couple of things. It's kind of an important period because we've been looking at the Dow since that August 1st high, we were fortunate enough to be able to short it right there. We're still actually short. We anticipated, based on this trend line, this pink, and this is what I discussed in the webinar, how you can draw these trend lines, how you can draw these price match where you can go the number of bars on the left equal the number of bars on the right. It's bar symmetry. It gives you good support, a good resistance. I'll show you that in the dollar in a moment. But it held this inside wedge target support line, and I said to subscribers, be prepared that there should be quite a nice balance, and that's really what we're looking at here. I'm looking to see just how far between now and tomorrow as we get to the end of the month, where this goes, and how the technicals improve. If they improve enough, then we might have seen not just A-low, but V-low that says we can go quite a bit higher. At the moment, I still think it's A-low, and that we should be doing some downside, excuse me, testing over the next week. But if you look at the SMH, which is a samurai's, which we've had really nice profits on the downside, which we shorted, and we also had the three times short, that we're out of all together at this particular point, a very nice move here. What I've been saying all the time for weeks now is that the weekly charts in all the indices have been very strong. I didn't even get a cell signal on the declines that we saw just recently. And that to me says that the larger tide is still rising. The shorter tide is declining, but basically we've been in a daily cell mode. And now we're going to see if we're going to come out of that. What happens next? But I wanted to mention the dollar. There's a technique that I used that I was mentioning just earlier on this bar symmetry. I don't know how markets do this, but it's just fascinating. Look, there was a high back in May, the 31st of May, and the dollar index of 104.79. It came down sharply, made this H pattern that I'm always talking about, the dreaded H failed, and it went down very sharply to the low in the 99s. And then it started to rally, and I drew in a midpoint that said from this left side in May to the low that was made in July, there might be an equal number of bars to the upside. And if that's the case, we've got to follow this 9-14 period moving average to see how it continues to hold. Well, it went to within pennies and one day before this price, actually two days before the price symmetry, so it went to 104.45. I mean, I don't know how markets actually figure that out. Look, the previous side was 104.70, and it went to 25 cents under that. And now it's starting to turn down. But I just wanted to show this as well. The technique that I used for the Dow to be able to get that turn, you can see here in the dollar that the 9-period moving average is still much higher than the 14. So I think it's going to be a work in progress to see how it's either speed, and that means tomorrow the dollar just gets slammed and it really plunges sharply, or it's a process. We saw a process in the Dow, oops, let me just go back there to show you this particular technique. In the Dow, yeah, it is, how it took so much time for that 9-period to turn pink to go under the 14. Yeah, you know what's interesting, Basil, is that the Dow itself is a lot weaker than the S&P or the Nasdaq. I mean, because both of those have already come up to the trading day of the fourth or something. Do you know what I mean? Here's something here, look. Here's the pink 9-period moving average. It's within a hair of crossing positive and the price is moving very nicely and you correct about the cues. So the Dow is the weaker one. So using the same technique, and if I had to go to gold, you'll see that gold right now is kind of on the cusp of crossing positive. So I like to use this indicator as kind of a trend. It's not where you get the turns. I use other techniques to get the actual turns. Just to sum up, the Dow is having a really strong move. There's a technique that I call the inverted Chapman wave Roman candle. I'm not exactly right because I prefer that the body of the candle is a half to three quarters away from the wick either on the upside or the downside. This is a little bit more than half, but I've got a technique that says within two sessions, if the Dow is trading above 104.20 for about 90 minutes, there's a chance that it could retest today's high. If in the next two days it starts to close below, today's low, we don't know what it is because the market hasn't closed, but so far the low is 103.50. You've got to be careful and you've got to start looking at the lower levels and that 200-period moving average is at 103.20. So it's a work in progress, but it's achieved, we've been along the dollar for a very long time. The UUP did a one-to-one-to. That's the dollar power shares, D-B-U-S dollar bull. That went in a beautiful one-to-one to the upside. Plus I'll do this in my show tomorrow to show people are listening. There was a falling ax expansion. There was a Chapman wave. This is the peak D. Instant restart goes to another peak A, B, C, and a D. Just did that today. So it's accomplished everything that it needs to, but as I say, the technicals are still pretty strong and the stochastic is flat at 86%. So that says to me that there's still internal strength in the dollar unless it just gets smashed to the downside. And actually, if you look at the EURUSD, you'll see it hit exact... EURUSD when you do these too quickly. It hit exactly, look, it has this price symmetry of this arch formation and it held the 200-period moving average. The nine hasn't crossed positive yet. So it's kind of lagging, but it's got a nice balance off the 200-period moving average, which it hasn't been to since the lows in June. And folks, it's very easy to get Basz's newsletter to come over to our website at TFNN. Hit the newsletters. You're going to see it on the left-hand side, second one down. You hit that baby and you are off to the races. Basz, do you have a great night, a safe night? And of course we look forward to show tomorrow morning. Thank you, Tom. You too. Thank you. Stay right there, folks. Now up to $69, Nasdaq's up to $53, S&Ps are up $63. We'll come right back. With rising inflation, rocketing interest rates, volatile dollar, and uncertain market, there's an asset that all traders flock back to, gold. However, these are regular times also mean a regular gold market, which presents its own unique challenges. This brings up the question, what moves the gold market? This is a question that I'll be answering in my next live webinar. On August 30th, from 4 p.m. to 5 p.m., I'll be hosting a live, free webinar for all those who subscribe to my newsletter, The Gold Report. The Gold Report has been in publication for over two decades, and I've seen just about every market gold has been traded in. This experience lends me great insight when trading gold and other mining equities, and now that insight can be yours. On August 30th, I will deep dive into gold, bonds, and the dollar, where they are now, how they affect each other, and what to look for when looking to set up a trade. Additionally, I will provide a comprehensive breakdown of the XAU, HUI, and GDX, as well as cover individual gold equities and answer questions live on the air. Subscribe to The Gold Report today so you don't miss this rare moment of gold. TFNN 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, that you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN Educating Investors. 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 4.00 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, TFNN Educating Investors. Welcome back, folks, Dow. Dow Industries right now trading up $267. You get the Nasdaq up $251. SAPs are up $63. Let's get over to our man, Mr. Tim Ord, as we do each and every Tuesday and Thursday. And don't forget, folks, you can reach Tim every trading day at www.Ord-Oracle.com. That's www.Ord-Oracle.com. Tim Ord, what's going on, brother? Well, since you're over a couple of charts, there are actually five of them. We can cover the SAPs real quick. Okay, which one was that? Is that the first one? Okay, that'd be chart number one. Well, you hit this market big time, Tim, so it's a beautiful thing, brother. Let's start with John one. Okay, I'm ready. Okay, let's run this port area, that blue shaded area. That blue shaded area is where the ticks and trend that reach panic levels. Okay. And panic levels always form a bottom in the market. So, the market's probably going to flip sideways here over the next month or so. Okay. And what's going on right now, we're going into a gap area. I've got open gaps. I've got a blue line area, and that area is kind of a shaded tank. We're into it right now. And that gap had 76 million shares. So, it'd be important what the volume is today. If you test the gap on 10% or lighter volume, the gap's normally resistance. If you test it on that equal volume, it'll go up to the next higher swing, which is basically pretty much where that higher shaded area of pink is, which is that gap up there. I see. We'll have to wait and see what goes on here. I don't think the market is starting a bull run here. I think this whole thing is just a big trading range. That'll be a nice range though. It'll be a nice range. Yeah. It's a nice range. It's kind of tricky in here. It didn't quite get, you know, I got a bicycle way too quick. No, it's tricky. I got out of that bike signal. And I didn't get that can. But I don't think the market's going to go farther. But actually, anyhow, the two pink areas are possibly areas, which is where gaps are, the two possible areas where a cell signal could develop. Yeah. I don't think the market's going to keep going up. You know what's so cool, Tim? What I love what you do here, right? And folks, okay. So there's this picture. If we're in a consolidation, right? What tends to happen, folks, is this. Is that you could go up to the highs, you know, you could volume the drops off, okay? And then, you know, bottom line, yeah, it wants to go back down. Now, the cool thing is, is that you can see, as Tim has pointed out, that panic area down there. I love how that panic area is down there. The reason being is that, you know, you never know how low you're going to go. But we know that lows are always kind of spike lows. You know what I'm saying? Versus highs. Highs can be laying out there for, you know what I mean, six months, seven months going across. So it's pretty cool, you know, looking forward, you know, speculating, of course, of how it may play out. But that would be pretty cool, man, because that's a wide price spread, man. You're talking about, you know, something from like, what, the four, you know, 50 levels down onto the, you know, 433 level, man, you know? Yeah, that's a hundred points. Yeah. So there's nothing this needs at. No, no. A hundred points on the SPYs. Yeah. A thousand points on the other one. But it's looked at chart two, and I'll tell you why. We're probably not making this, this rally is going on for, this is a chart we've probably shown it a couple of different times, probably back in, you know, March, April of this year. Yes. Anyhow, I went, what I did here was, the top window is the 10 day trend. Okay. And I, and I'm a shaded down area, is when the 10 day trend got above 1.2. Yeah. So I, so that's all the shaded areas. Then I drew a horizontal shaded area to show you where all those, what, what levels of the, the pain occurred. Yes. On the SPYs. So, and we talked about this chart before and we came up with a sporty area between 365 to 390. Yeah. Because that's where the trend reached 1.2 or higher in that price range. So in that whole site, you went, so it went sideways for 11 months, started facing back in May of 2000, 22 or 22 and complete the pattern in April of 2023. So you had a 11 month base. Now this is, you know, Weisskopf stuff now. So you got 11 month base. Right. So in general, the market should last around 11 months. Okay. So, so we're still early in that phase because the market, you know, started rallying May, we're in August, only been rallying four months. Yeah. We should basically rally all the way into probably next March or something. That'll blow some months, man. Yeah. Yeah. So that's, you know, that's the Weisskopf method because the longer the base, the longer the rally. Right. So anyhow. So, you know, so let's get where we are right now and I circled that in red. I see that. Yeah. So, you know, so the market and tell, you know, intermediate term Bob's and tell that trend gets to 1.2. So far, you know, we're coming in as I did this morning, we're 0.99. Okay. So, even though we've got a panic range going on, it's still on a 10 day average, not high enough to suggest a base worth rallying out of, at least not yet. Also, we're in the weakest quarter of the year. And basically, you know, August to October time frame, we're in that time frame right now. So we'll probably beat around in this area for the next month, maybe a month and a half. And the trend, most likely between that timeframe going forward, you're going to see a lot of different days, probably 1.2, 1.5, 1. You know, who knows. Yes. Maybe two old trends to get that trend up to 1.2. And once you get it up to 1.2, now you can look forward. And so that's the reason why I'm thinking, even though this rally looks really good and it's like, it's going to go to the moon, it won't. Tim, what would be, what would be, if you don't mind asking, what would be, like when we're getting up to that highs, do you have a number on the trend at the highs that it may be coming into? You see what I'm saying? The last high we had in late July early August, you mean? No, what I'm saying is that, when we get up to the highs, right, you'd be looking for that trend to be at what numbers? Versus the lows. You see what I'm saying? Okay, what trend, normally, okay, the 10-day trend, a lot of times you got to be careful when it gets down to 0.9, 0.8. Right, that's my question. Okay, that's my question. It's cool. Okay, all right. And so when that starts happening, if you go back to 2022 in January, you had a trend staying down right around that 0.8 range, warning that even they're actually coming off that big top, right, you know, that trend stayed low for the first probably two months of that decline. Yes, okay. If you look at that 10-day trend, so anyhow, so we're into this, you know, short-term bounce here, and also I wanted to point out, the second weakest week of the year, seasonally wise, is a week after Labor Day. Okay. Next week. Okay. Pretty well. I know you got 30 seconds here to go. That's good. So I wanted to point that out. That's awesome. Stay right there, folks. Tim and I are going to be coming right back and don't forget, you can get hold of Tim at www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com www.OdRD-Oracle.com and technicals. Sign up for Rocket Equities & Options report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN 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? 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Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. All right, so everybody, any questions on the S&P's? I think we get that pretty good right now. All right, let's go to chart number three. We showed this chart probably over the last couple of weeks. We showed the money out. The bottom window is the 18-day average of the up-down volume, and these are closed above minus 10 to get a buy signal. And the next higher window is the 18-day average of advanced decline percent for GDX, and needs to get above minus 10 for a buy signal. So both those things closed above release when I did this chart, and they're still above minus 10. So that's on a buy signal. And the blue areas over the last, I don't know, this goes back about a year or so, the blue areas show the times when both those indicators are above minus 10. And the red or the pink areas are the times when both indicators are below minus 10. Yes. So it shows you all the buy and sell signals over the last couple of, over the last several months. So anyhow, so this flip to a buy, and so this is kind of a short-term signal. And you know, so cool, folks, if you've been listening to Tim and I, the bottom line is that, you know, as Tim has been educating us, okay, the bottom line, you know, we've been watching this chart, he gave you the numbers, and we're here, which is so cool to him, it's amazing. Yeah, you're right, we're here. Although I wouldn't point out, I got a gap circled in there. Yes. And that sideways box going there, how big that gap was. Yes. And if you notice, it filled the gap, stopped almost exactly where the bottom of the gap was, and I thought that was kind of interesting, turned up. And then if we, you know, and if we, if we, if we look at that too, and do a Weikoff deal, that gap, you know, had 56 million shares, and we tested it on 18 million. How's that? Yeah, yeah, exactly right. So you tested a gap on lighter volume, so you had some clues, that gap was probably going to be important. To really get the confirmation though, you need everything to turn up. You know, it didn't get to the exact bottom, but you know, but when it does give signals, those signals are usually pretty good. Right, right, pretty cool. Yeah, so we hit the gap, we did it on lighter volume, and now both of those indicators above minus 10. So let's flip to chart two, and this is kind of. We're going to go to chart four, right? Oh, excuse me. Yeah, right, but I see chart two of gold. I get it, I get it. Okay, cool. Yeah, okay. Right. And you know, the top window is a cumulative up-down volume percent. And last time, or last Thursday, I think we showed this, and it was just right on that line. Yes. And, and so, so now you got, you finally got through that line, and I circled the ones in blue, and with blue lines when that signal occurred, and I circled it in red, when that cumulative up-down volume, actually the signal comes when you pass, when you close above the mid-Bollinger band. Okay. So go back to that first signal back in, what, November, I guess. Yeah. Can't read. So anyhow, it passed above the mid-Bollinger band, stayed on that signal until, looks like about April, mid-April, closed below the mid-Bollinger band. That's where that red line comes from. Yeah. And actually, if you notice, the market rally began in May, and that indicator didn't partly move if stayed below the mid-Bollinger band. Right now I was just speaking, just so they can see another one. You can see that, I mean, it's the size of folks. I mean, it was leaning on it yesterday, and today it's there, big time. Okay, go ahead then. What a trip. Yeah. So anyhow, so in May it did a double top on GDX. Yes. So if you notice that indicator, top one, and then, you know, never even closed above the mid-Bollinger band. So it stayed on the cell signal, even though the market went back and tested that high. So I thought that was an important issue. Yeah, that's really cool. Yeah, they're really cool. So it gave a buy signal in July and gave a cell signal end of July, first of August. And that trade looked like about a break even. You bought it pretty much closed. You bought it and sold about the same spot. So that's what, you know, not bad, I guess. You know, not all indicators are perfect, but this one's pretty good. Now you've got to close, you know, a different type of method, kind of using a similar indicator in a different way. Now you're closing above mid-Bollinger band. So that's a bullish signal. Yes. So now I'm going to look at it. They're piling up. Yeah, they're piling up. So this is pretty good. So now you want to look at the bigger time frame to see where you are. And so this next chart, which is chart number five. Okay. Now this is a monthly chart. Goes back, I don't know, 2007 or something. And so same type of indicator. It's the monthly cumulative advanced decline on the bottom window. Okay. And the top window is the monthly cumulative advanced up-down volume, both for GDX. Now the bottom window, I've marked all the signals going back as far as I could. Yes. And it basically got the top in big top back in 2012, gave a cell signal, and stayed on that cell signal to basically 2016. And that was a long time. I know, man. Yeah. But if you notice, if you look at the bottom window there, this indicator has kind of been going sideways since mid-2022. Yeah. And so to me, it's kind of a building a base. And are you above the mid-Bollinger band? Yeah, you're on it. Yeah. And so, but if you look at the timing of those previous signals all the way back to 2016, they usually about a year, a year and a half. Yes. You know, between all those signals, we're approaching from the last signal, you know, we're due for a signal right here because of the previous type signals, giving that signal about every year and a half. So you're due for a big signal right here right now. And you know it's so cool, Tim, when you actually look at this here, put this other chart up folks, you know, blow it up a little far so you can see it. We really, you know, even though it seemed like, you know, this was quite a downdraft, that wasn't too much of a retracement actually. You know, from the lows to the highs to where we were here. You know, that's that's intriguing also, right? You know, even though that's, you know, because particularly because, you know, the doll is giving it up today. And you know, if it continues to give it up, well, you know, the metals want a higher price, man. So it's going to be intriguing watching this shake out. Yeah. Well, yeah, what's goes forward. And what does indicators do? I mean, they're advanced decline of the GDX and they're up down volume for GDX. Well, that's the whole interwining mechanisms of what the stocks are doing in GDX. Right. So this is, so this is really kind of gives you a real clear picture, not a false picture, but what is actually happening in the GDX, you know, the stocks in GDX. Exactly. So it's, yeah. So it's kind of an important indicator. So it doesn't, it's never, I don't know, I guess you can whip you around, but it's never really going to lie to you. Yeah. So I think that's what's kind of important on the GDX. Well, listen, Tim, it's always a pleasure. We really, you know, you know, appreciate the great education they've been giving us. And don't forget, folks, okay, he's on every Tuesday, Thursday. You want to see a trip, man, go back a few Tuesdays and Thursdays so you can see how this came up, okay, step by step. And the bottom line is that it's a stair step and it worked out like ASAP 100%. Tim, have a great one. Safe one. Look forward to speaking to Thursday. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. 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If it doesn't work for you, the 29th day can the thing. Bottom line, you get the workshop, you get the Gold Report for a month. Bottom line, you know, you just heard Tim and I go through it. But the bottom line is that what I'm going to be going through, I'm going to be going through gold, I'm going to be going through the bonds, I'm going to be going through the dollar, and of course, you know, the equities. Bottom line is that, you know, my take, and that's why you hear me yapping out here, you know, and as well as Tim, we've been doing this a long time, man. This is a run, you know, it's set up, it's set up for a run, that's the bottom line. And in particular, here, I'll just show you this pot. This is the biggest pot that I think that, no, not that I think that, you know, yeah, well, it's always speculation. So if you look at the dollar, see what you're going to, when you see when you look at the dollar here, watch this. The dollar's still been at a downtrend and in a monster way here, it's pretty wild watching how this is shaken out. Pull this back for a second. You know, this is a monthly, so you can see that what we actually did on this dollar, when we go from the highs to the lows, you only did just, you didn't even do a .382 retracement from the last low. You did just over .232. So what's probably happening here is that the dollar's probably in a monster ABC down that will take it, not only my take right now, you're going to hear me saying that the dollar wants to go to 99, but the larger take, this dollar wants to go all the way down to 89. But if that's what we get, hold on for the ride, baby, because it's going to be a ride and a half. Always remember, folks, the bank and Chloe are hot out, the bull can run you over and thank God. There's always another trade. Health app is in prosperity. Have a great night, folks. Have a safe night. Come visit Tommy tomorrow morning. Kicks us off 9 a.m. Great show, folks. Look at him, folks.