 The following is a presentation of TFNN. The Tiger Technician Hour with your host, Basil Chapman. Call now toll-free at 1-877-927-6648 internationally at 727-445-1044. Now, Basil Chapman. Everyone, Basil Chapman, Tiger Technician Hour, also author of the opening call. Daily newsletter, very comprehensive. Daily newsletter goes out every single day. Even on weekends, I try to get at least one prepared set of notes ready for the Monday opening call. And we start sending it out Saturday. So this is going to be very interesting because here we are. It does sound only 23. However, it was at a high of 27,745, now 120 points lower than that. Now, of course, this impeachment process is going to be debilitating to a certain extent. But you've got to think, wow, what residual strength the market has. Look at this. This is an island reversal. Usually that's very bullish. And then all of a sudden you get the bearish news. And yet it is holding pretty well, except for one little thing. I'd spent a lot of time for the past many weeks talking about this, showing this one of the Chapman Wave techniques we discussed. My subscribers and I, we're using this all the time. I show it, I demonstrate it. Let me just go all the way through to back here. Remember, this is the moving average. This is the green line period moving average. It's the black moving average. The 14 when the green crosses under the black turns pink. It's negative, but it crosses back over. It goes light green and that's positive. But I use other methodologies. And what I've said is these moving averages are, they're very nature make them delayed. So they're lagging indicators. So what I've done is I use my own methodology. And back in April on the 22nd, we've been short the doubt was the day before the top, using my notation, Chapman Wave notation and other techniques. And then the market plunged pretty sharply down to the June 1st low, ran up and then on June the 3rd, we actually got the exact low, the day of the low, we got the low and we ran it up. Now, we also got the, within seven points, was this the one in, yes, within seven points of the 16th of July high, we went short. So then you see what happened across negative. Then it turned around and I missed, I spoke about the lowercase h that goes to the, I call it the dreaded h, they can go to a lowercase m pattern, another arch, and that's what it is. Now I said, there's a very sharp break above the arch high. You got to be careful because instead of retesting the lows, that's a breakout. What had happened so quickly, you remember that move of the 5th of September, massive move to the upside. The low was 26603, but the day before the close was 26355 and that day is sort up to 26366. So I missed going along there, but we had long positions, stocks, long stocks, just missed the down itself. And then we wanted to go short right here. We missed the exact, I did, I put it in as a short, we just missed it by about 15 points or so. And then we managed to get it about 100 points from the top, maybe even less, back on the 19th of September, went short. And then this rebound here, we got some of it and we missed some of it, but we did have long positions. So what has happened is we went short twice because I thought that this was going to be the high. We went short via an option. We went short via the DOG, one to one short right here. And that was round about the, I think it was around about the 90th of November. And I had a very tight stop. We did get taken out on the read, worked beautifully, looked fantastic for three days. And then it turned around, we went higher. And I said there's something wrong with this picture because how can you have three beautiful, indicated work beautifully three times. It's very unusual to have it work the fourth time. Well, it was unusual because it went up. It went above and it made a new high. Well, now this is the one that is going to be so important because we got the cell signal right here at the opening on the second that was on Monday. At the opening, we went short. And even there, I had to put the rectangle ahead and over and I think this is an aberration in that all the other rectangles had the high and then we countered the number of bars before we broke down with the moving average crossing negative. In this particular instance, if I had to do that, it just doesn't work. Look, if I move the rectangle right here, it took one to two days. And the third day, it was underneath it. So I think that we really saw some technical, in the Magdeen stochastic saw some technical weakness here. So something's going to either change or it's going to be exactly the same. Something will change if there's a new high over the next week and a half and we're not going and retesting the low of, was it Tuesday? Tuesday, I think it was, yeah. Of the third, 27,325 or at least getting close there, especially if today closes fairly weak and we get this cell signal with a nine-period crossing underneath the 14-period moving average. You don't usually have much more than the very next session that goes kaplop. And we'll see what happens. So the patterns change because it took so long for this nine-period moving average to turn down without those techniques. What would have happened if I said I'm waiting? What would have waited till the end of the day today? Hundreds and hundreds of points off the top. So you have to use other techniques as well. I want you to explain this because, look if I show you the S&P, so the down right now is down 31. The S&P is down only $1.51 and it hasn't crossed negative. Look, there's the green line, there's the black line, the red candle so far, days young, anything can happen, but it hasn't yet turned down. It looks like it will. I've seen this happen when I trade the two-minute or the short time frames. I've seen where this looks unbelievably negative, price-wise, and even Magnia Stochasi get this down nine-period exponential moving average. The green line just doesn't close under it and it just deflects, so it's a whole new move to the upside. So let's watch that. And look at the QQQ. Even with down 10 cents a day, $2.33, considering what it did the other day, that each pattern that I'd be anticipating, we'll have to see what happens by the end of the day. Every single sell-off has been met with buying and every buying is being met with selling. So IWM, let me show you the same thing, IWM, right now the IWM is trading up 13 cents at $1.60.92. This is a much better pattern than that. Nine-period moving average doesn't even show signs yet. It's got a little M shape, but the 14-period is still rallying, so there's no turn down yet. All right, so enough with that. Let me just go back. I like to keep it on the down chart so that I don't keep hitting incorrect buttons. Here we go. We've done that. I said that the gold contract is up four at $14.84, and it's just in the arch formation, holds nicely with the higher right-side low. Then it rallies up, and so you get your arch, you get your cup formation. I'm going to be talking about those formations, and then I'm going to talk about something that we've been doing lately. I have no idea if it's going to be a successful venture or not, but I've been adding screamers to, this is SCREA, M-E-R-S, to my newsletter, and I'll explain what it is. I'll be right back. This webinar archive is available for all subscribers immediately upon signing up. All new subscriptions also come with a 30-day money-back guarantee, so you have nothing to risk. Start your subscription by visiting the front page of TFNN.com today, and you'll find the TAS Profile Scanner on the right-hand side of the screen. You'll also find the TAS Profile Scanner on the right-hand side of the screen. You'll also find the TAS Profile Scanner on the right-hand side of the screen. You'll find the TAS Profile Scanner on the right-hand side of the screen. You'll find the TAS Profile Scanner under the Services tab. Sign up today. You'll find the TAS Profile Scanner on the right-hand side of the screen. You'll find the TAS Profile Scanner on the right-hand side of the screen. Sign up today. That's 727-329-8322. Call us today. Many of our new listeners have heard about the Tigers Den. The Tigers Den is a lively community where professional traders and investors can meet, exchange ideas and information in a comfortable, moderated atmosphere. Hear all of the TFNN shows, plus see all the charts as they happen live and have access to archives of all of those charts. You can test drive the Tigers Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you. Details on the Tigers Den are on the front page of TFNN.com. TFNN has launched our brand new website. You can still visit us at the same TFNN.com URL, but when you do, you'll see a new and improved homepage with a much simpler navigation, whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new TFNN.com now and experience all the upgrades. TFNN.com, educating investors. Call now, toll free at 1-877-927-6648 internationally at 727-873-7618. Hi folks, we're back, Basel Chapman down to 36 SMEs down to $168. And we're looking at gold, which is up for, and I just said it's kind of neutral right now. I don't see anything as a trigger yet. I think there will be, but I don't see it yet. I will. There should be a leg D in the monthly chart, but we're going to have to wait for that. If you look at silver, SI, silver trading right now, it's just, it's not a good pattern at all. Okay. It's up 0.12 and 17.04. If you look at the EUR, USD, and that is going to be very important because that is running quite nicely here. But still within just a range in the EUR dollar currency pair, weekly and monthly chart formations. It's at 1.11, up 0.002. And if you look at the USDJPY, that is down probably up down just a little bit stuck in the range. It has made an idea, wouldn't be surprised with the end of the week on Friday. It's Friday, and I'll be doing my show tomorrow at 8 o'clock at 8am in the morning. Just got a real busy day. I wouldn't be able to do my show at noon. So the yen is down 0.17 and 108.69. And the dollar actually, that's going to be very interesting because I don't know what they are doing, but we've had red candle all week. This is the fourth red candle making lower lows and lower highs. It's not even a peak. It's just, and there's not even a trough yet. Just lower lows and lower highs from the 98.54 peak D. Remember peak D, how important that is. So what we're looking at here is that the dollar is going to make an H-patent, and when it tests the 97.11 area from the 1st of September, that is going to be really important. And I wouldn't be surprised if the administration is somehow trying to push the dollar down. We'll see if that's going to work for how long. My monthly chart is still very positive. Now, I wanted to talk about this, the TLT. The TLT has rebounded off the low. It's still down 69 cents at 139.11. But I made the comment recently that I think we stuck in a range, and each volatile day can sound right on 2%, or two points up in the TLT and then two points down. I just think it's stuck in a range for now, and maybe a little bit lower and yields can go a little bit higher. I just don't see too much at this point. Are short-term trades, yep, they are short-term trades. You just made a peak D in the daily chart, and you've got a lower case H pattern, going to an M pattern here in the weekly. So yeah, I think that yields can go down a little bit more. But if this market starts to really take it on the chin, like another 160 points down in the next day or two, and then another 220 points down, I think money will go back into the TLT. You're fighting the one thing is the volatility of stocks forces money into bonds, and then you've got the Fed on the other hand. So there's a conflict going on. So I just want to talk about screamer stocks. This is something I've been doing, I've been working on for years. I mean, but especially for the last couple of months, I introduced it to my subscribers recently. So there are stocks that I place here, and I just say these are stocks that are on my watch list, and sometimes I've picked some, and sometimes they've worked, sometimes they haven't worked. We had one that was BKCC. We got in and we took a 4 cent loss and a $4.96 stock. And then I mapped out everything that I thought, and then all of a sudden yesterday it spiked up. It went to $5.11 from the $4.92 area, really nice percentage gain. And then it went even higher today to $5.13 amounts pulling back. There was another one that I actually put on the list, and it was a toss-up between this and another one that we actually chose two days ago. And I thought I'd take it and it was A-U-P-H, A-U-P-H. So it's over here, right here. So this is a screamer stock. Look how it just keeps going up and up and up. Legs see, it pulls back for a moment, and then it goes even higher, and it goes to, let me see if I can do this very gently. And then it goes to leg D. And there's your leg D. So here I am. I'm looking at it. It was right there, the 6.80 area that I saw it. It showed up on my screen as a potential screamer. And I chose between yesterday's one and today. I chose another one, which I'm going to explain in a minute. Yesterday's closed at $8.39. It had a drug, not a drug approval, but a very favorable thing on a lupus treatment. Today it is up, it was up over 100%, it's up 96% at 16.53. I'm not complaining. I'm thrilled because it means that I've started, you see, it's all very well for me because I can do this and I know my parameters. I can have bigger stops. I can say great, I like it, but it's not doing what I wanted but I still like it, I can add. But I can't do that for subscribers. I just will not see a subscriber having a huge loss just because I got carried away. I have very tight stops. When it works, it's really good. That's just the way it is. So we got another stock that we were looking at, had a really nice pattern. We tried it yesterday. Some people were lucky because I said within the first three minutes you must bite underneath this level. They waited patiently. They got it as it hit a lower and then turned around and they bought it then so they're in it because then the stop wasn't hit after that. But some people got in a little early, didn't break any rules or anything, just got a little early in the stock, went a little lower and then it closed almost unchanged. In fact, it closed about 2-3 cents lower. And I said, no, I like this. I like it. So we're going to buy it again today. For those people who didn't have it to buy it, it's still long, that's great. So we bought this thing at $5.93 because yesterday at 6, we brought it on the dip to $5.93, went to $5.92, and just a minute ago it hit $6.21. That's a 4.5, nearly a 4.8% increase. So you can get out right now. I mean, the whole point of these are they call screamers because in a blink of an eye, they've done exactly what you want. You don't want to, you don't want to be wrong. For instance, the people that kept asking me about Clovis and I said, please be careful. Clovis is, I don't want Clovis yet. It's just run up too high. You have to wait. But it did 17.37 and it's trading right now. I would say 17.37 to $9.07 is a little bit of a dip. Yeah, it's a little bit, okay? It's on the days down 25% let alone yesterday and the day before. So just you've got to be careful. This was a screamer. This was on my list. Some of you remember that we had, Jason, I don't remember. One of our subscribers I had called in or one of our TFN listeners had wanted to know about it. Very good at picking these biotechs and it did a great job for him. So now you've got to be careful. Okay, so let me go through some other things. There was another one I wanted to just make. Oh, CMRE was on my list. CMRE was on my list two days ago and then I thought, you know, it's going to do the same thing. It said BKCC could have a nice move but it's taken longer. I have the rule of 136 the best acceleration like on the right here is when you take just one bar to consolidate or intraday you consolidate whatever the bar is, intraday you consolidate then you keep going higher but if you do consolidate you want no more than one or two bars then you make a new high. But when you take a little too long now you're starting to get into a different parameter. Now it's not a screamer anymore. It could become a screamer but now it's a snail. So you've got to be careful. Snail screamer, I want the screamer. So we'll see what happens. I just don't mention that I'll be right back we'll talk about some commodities. Basel Chapman type, this is our yes, it's down three. Be right here. On the computer software which included the standard market technical indicators enhanced the degree of accuracy in calling price turns as well as market trend calls. Thus was born the Chapman wave sequence. Using the Chapman wave methodology along with other indicators Basel Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter. Right now you can get a two week free trial to the opening call, Basel's daily trading newsletter by visiting the front page of TFNN.com. Cancel at any time during that trial and pay absolutely nothing. Get your two week free trial to Basel's newsletter the opening call today by visiting TFNN.com The path of least resistance is David White's daily trading newsletter and if you're looking for active trading ideas then now's a perfect time for a 30 day free trial to this powerful daily trading advisory service. David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter. 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The Art of Timing the Trade Chart is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks or even months searching to find available at only $79 a month We are so confident that you're gonna love this new charting software that will even give you a 30 day unconditional money back guarantee Don't miss out on this incredible new piece of software Get your copy of The Art of Timing the Trade Charts today by visiting TFNN.com This segment is brought to you by Think or Swim For more information, just click the Think or Swim banner I had a question about about the streamers What do you do with stops and all that? So it's almost like it's another newsletter because that's how much time I have to take to write it up and that sort of thing So what I did today is I said if the stock is when I say 618 raised the stop on half I gave a level for the stop and then I gave a new number that if it can get to everything that's raised and you can actually start to take some off Either way I mean this is now in a sense you could be on your own because I've given you everything that you needed to look at Now you can say I love this is the kind of percentage I would like to make every once in a while just doesn't have to be a great if it's every day but nobody can do that but this is nice It's a process and that's what I wanted to point out here It's actually you know how I trade the very short term So this is a microcosm of trying to put everything together to say hey you can do this but if you incline to, if you have the time and you're a short term trader and you're able to watch the market hey this is like a game it's almost like fun because I'm making the stock so tight that you're either right or you're wrong and if you're right you're very right if you're wrong you're not very wrong or one and a quarter percent on a five or six dollar stock you know that's you can do that many times and be right just three times and that will really alleviate the situation or be wrong many times so I just want to show you this the wheat is still it's held quite nicely off the lows it's not showing any real strength soybeans is a continuous contract now that's nice I like this turnaround why? because here you've got the magti finally the histogram sorry to improve and you've got it hasn't crossed positive yet but it's certainly starting to turn up the stochastic was flat I hate flat it not only wasn't flat but you don't get much flatter than this the stochastic was 2.04 I mean 2.04 that's like when it's positive and I say it's great when it's above 97% that's like saying 97 0.90 96% I mean that's amazing so that says yep this could be a bit of a rally but it's got that arch formation it's just coming off the arch and at 87 up 9 and 3 quarters it really needs to get to the 892 area 896 to say oh okay now maybe the weekly can start to improve and if you're looking at corn it's getting right now at it's up a half of 379 that attempted to do the same thing everything was exactly the same and that's the reason why you can only treat these as starter positions because you need to know that that weekly chart has more than just a little bit of an arch to overcome it's got you need the technicals to be improving so in this case at 379 it has to get to the 386 area and at that point it's kind of at all resistances for the shorter term not the weekly but the shorter term I also said I would look at KC which is the continuous contract for cattle what is that doing there this is the cattle continuous contract and I looked at this the other day and I said I think there's going to be a chance to go to a leg D so now we're in leg D and at 125 30 look at this you've got one there isn't much up my automated resistance levels 10 minutes 124 8080 went above that now it's below that no no yes 125 30 was the high the 120 minute chart over here has 125 95 126 55 and 126 70 and the data has 125 round number and you went to 125 30 there's a resistance level here but this is so interesting look the Magdi still strongest to cast it gets flattered 91% I like that so yes there could be a bit of a pullback to between 119 122 to 119 if there is a pullback with very strong support 117 but so far these these technicals are saying it'll be a modest pullback what did I want to look at was it LC live cattle yeah live cattle remember I talked about these rectangle formations have a look at this rectangle formation I drew it in ages ago you go over to get under as you go but the price keeps coming back into the middle it's like gold is like the crude oil has been doing the same thing look crude oil has this because this weekly huge trading ban between 60 and 50 51 50 51 it's been right in the middle you can make it even smaller and yes we did get that spike exactly what we were talking about yesterday with the oval formation now it's going to be very interesting could crude oil be making a chap move stalk leg pattern maybe a little bit higher but then coming right back it's at 58 37 having hit 59 12 continuous contract could it now come back and start trading in the 57s in the next week or so in this particular pattern you're going to be watching that one very closely spoke about the TLT next thing I had a question about was the Roku Roku GT want to know about Roku Roku is actually quite a few people want to know about Roku Roku streaming devices peak C in the monthly chart made a peak effort 176 55 all-time high on the week of September 23rd plummets down to 98. 98.08 on the 27th of September bounces back strongly to the 169 area and now it's trading at 150 so the big thing about this see the rectangle that I drew there so it's gone above it now it's gone below it's gone back into it and that says the real magnet is the gap down I would put 155 is very strong we just do this Roku 155 is very strong resistance no not until yeah 155 right there 155 156 had been resistance is back again and then way up to the 166 level now what's really interesting is that the support even the 120 minute chart is 155 94 and you're trading at 150 25 right now but it has 113.88 way down as the as the support level so this is kind of stuck for now something's going on it's not bad it's not good it's just stuck in the little we'll have to watch it but I can just tell you this in the H pattern if it takes closes under 132 I think it goes right down to the 113 level so this needs to try to try to test some of the resistance levels question about the IYT the IYT is the transportation index I shares IYT just not good it hasn't been confirming the dials ready the S&P the the Q's all time highs so I'm looking at this and thinking wow I'd like to have confirmation that transports even though you got mixed so you got airlines I mean you got the XAL which is one thing it's completely different to say the going to the rails I don't have a rail index I probably do down down Jones rail index we have a look at that in fact let me do this in a moment let me give me a second here I'll just get it right here down Jones rail index we'll come up I'm sure I love Google with the microphone except when it works it's got to work down Jones rail index down Jones rail index that's down 0.58 alright well what is it called alright we got a break coming up I actually like to check this out oh there it is DJ DJU it's RR now let's check this out because it'd be nice to have that index I always talk about it but I'd like to actually see it so the XAL is not doing all that well and even with two doors stuck in the lower range that's interesting I'll be right back Basil Chapman Tiger 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for the latest market information my votes were back and uh yeah this is a real tussle let's see I had a question about SPIDE S&P oil and gas exploration XOP trading at let's see that is 20.58 down 8 cents so is this I looked at the XLE the other day I looked at a lot I keep saying wouldn't it be nice to get a sector right at the low and be able to ride it all the way up slow period just like I bought Bank America in December of last year and just held it let it go let it go but you know what I need a drink of tea whoosh alright so we've got a C- in the XOP and now it's running says this is a leg A I had a problem with the the whole area of this this particular series of anything oil the exploration the multinationals you know I think they're going to be on a run at some point but I don't know if it's yet maybe it'll be end of December beginning of January I think they're trying to get this little doji candle right yet on a Friday tomorrow see what happens if there's no new load tomorrow on Monday or Tuesday below 20 90 when 90 and all of a sudden by Friday I need speed so a Friday week from Friday if there's a push below below the 1990 that's terrible but if there's a rally that goes to 2150 you're at 2060 right now so that's like 80 cents 90 cents and then by Friday you're actually testing the 2185 level I'd say that's a start so this is what I'm going to say I it's nothing that I would actually take a position in now I know that for some people you use options I would look at it I'd go close to the money as possible I wouldn't go right out it's just sitting to waste money and go 22 thinking well what a score if I get it at 22 I can pay maybe 34 cents and wow if it gets to 22 you're up at $1.34 depends when but you know what I mean I just I wouldn't do that that you you could buy the 20 you'd be paying a premium so you probably pay a 92 cents right now I want depends December I wouldn't buy December I buy January so it's going to be more so it's about a dollar say for a dollar you could get so for like 200 300 bucks you could buy a couple of calls looking way out I'm sure that at some point you get close to your money back because it could be some pop-up at some point above the 20.50 area so it was at 2054 so I mean above the 21.50 area and that would be very good so that's just a way of doing it without putting up a lot of money and just finding out with your real money that you've tied up whether it's right or wrong now the other thing is yep we couldn't wait until it pops above the 90 pop-ups we get many pop-ups above the 90 and failed and this is a great example of a restart pk, pk- pk- and finally it succeeds usually goes to D this only went to a C that was very negative so now I'm going to say at 20.53 if you want to put a little money to work and you don't want to use options you're early at 20.53 if today was like green candle yesterday today's at 20.85 I say you know what I feel much more comfortable you could buy a little bit right here and your stop needs to be it's a $20.52 start will be 20 let's call it 21 you had a dollar and a half risk but at this particular point for a dollar and a half risk at 20.52 I think you have a greater chance of retesting 20 so you've got to be prepared for that so I'm just going to say XOP put it on your list I probably would grow other buy the trend when it's you've got higher highs and higher lows even if you you're overpaying because it's way above the 20 level but at least you got the direction right otherwise you lose it three times and you've lost yourself you know 12 or 15 percent whereas I'd rather I'd rather be buying it on the way up because then you've got to tide with you every time it pulls back it should come back higher after that so just be careful here I'd be a little careful about I'd even wait until Monday until Monday let's look at it again because it's down 15 cents but it had a high today of 20.96 now it's at the low of the day of 20.51 it doesn't sound like much but look at this red candle it should have been a positive candle days young it could happen so hold off but if you're really looking to buy this area buy the January 20 calls you'd be paying up for it you could try the 21 maybe 21 is fine you'd be paying less actually maybe 21 because you're paying less for it and if it's going to work it's going to be talking about 22.50 to 20 to 23 over six weeks if it's going to work okay think about that I hope that works out for you just some real questions quick questions here let me just do this real quickly here XLF had a question about the XLF yep the XLF is running actually I've done it here let me just show you I've really got it all notated it's the same thing it's almost the same chart this is the bank of America which belong look in a rectangle formation a rectangle formation even though you had the cup that dreaded this is a drop bucket pattern generally drop bucket pattern where it could drop sharp drop you the rule of thumb is that if it drops from the left side lip to the base of the cup if it rallies too close to or at a new high and then a new recovery after the left side and then pulls back over one third to a half of that distance there's a real good chance you're going to test the low well the low was 32.42 look what happened yesterday three days ago the low was 32.55 that's really close if it took it out I would say you can even go one to one to the downside so using the XLF as an example wait until this rectangle let's go back to the I just wanted to show you the pattern the rectangle formation can last a lot longer than your patients and we've got a rectangle pattern here we've gone over it we've got under there are now you've got under it in this case it went lower now it's bounced back into the middle watch out at 29.88 I think the XLF the SMB like financial spider fund is having a little bit of a problem here in the sense that the the yields are going up and down up and down up and down so it's kind of stuck in this range and until it breaks one of the levels if it breaks 29.30 on the downside closes under there it's going to get fully quite a few of the gaps on the left side down and if it goes up then you're looking at another arch formation and I don't think it's going right now much higher than 30.26 was the high on the 2nd of December and this makes it leg C I don't think we'll make a peak C until next Friday if there's no high above 30.26 if there is a high above that it extends the weekly chart and the monthly chart which is in leg C and that's going to be going that could target the 30.35 to 30.55 area hope that helps you on the question of the XLF next question my head was oh you've got a break coming up final break and then we have the last segment and then you have Steve Rhodes you have Dave White and Tom O'Brien I'm certain you are or strive to be one of the best of the best at everything you do in life it's the most common trait that we tigers and tigers share if you're looking to become the best of the best when it comes to managing your money to do what most wealth managers tell you can't be done which is how to time the markets I'm Steve Rhodes author of Mastering Probability and for the last 12 months Timer Digest has been tracking my newsletter signals which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12 6 and 3 months Timer Digest also ranks me as the number one market timer for gold as well the fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the best at what I do sign up for Mastering Probability today by clicking on the newsletter tab on the homepage of TFNN.com and get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide great market calls to sign up today if you haven't checked out the newsletters page of TFNN.com what are you waiting for all of the TFNN newsletters are informative today affordable and must have for every trader looking to gain a competitive informational edge in today's markets TFNN newsletters cover every aspect of the markets to offer you the very latest in market news plus new subscribers get to test drive our newsletters risk free for 30 days from all aspects of the markets including stocks, bonds, metals commodities and tech there's a newsletter to fit your needs exclusively from TFNN stay informed each day you trade and get the competitive edge that will help you stay ahead of the game visit our newsletters page by going to TFNN.com and click the newsletters button near the top of the page TFNN.com educating investors you know what's cool taking something that's good for you something specifically formulated to help with weight loss, better sleep stress reduction and the need to detox food hunter and gatherer ancestors found all their nutritional requirements for health in their wild environment but today our food sources no longer contain the vitamins minerals and nutrients our bodies need to stay healthy and strong that's why we need primal edge daily nutrition it includes a special blend of ionic, soil based vitamins minerals, fatty and amino acids in an easy to use liquid form primal edge is powered by highly concentrated folic and humic acids nature's preferred delivery system they've been called miracle molecules because like sunlight air and water life cannot exist without them that's right Paige they ensure we receive all the nutrition we need to be healthy and thrive we take it every morning primal edge formulated and approved by Niko and Paige of living a primal lifestyle buy it today for just $89 click on the primal edge banner on the front page of TFNN.com hi folks this is Steve Rhodes stay tuned for another great hour of the traders edge heard here at TFNN.com hi folks let me just mention this in fact let me make this a little bit bigger here resize make it bigger so the the meetup that I was going to be speaking at on on there it is on this past Tuesday had to be postponed because of the snow so the investors business lady Boston investors group holiday party meeting E55 Boston investors group and Boston IBD potluck holiday party and talk Tuesday December the 10th 2019 at 6 30 p.m. potluck reception networking 7 30 and seeking investment opportunities for 2020 by Basel Chapman MIT building E51 room 395 I don't do you usually go to 395 is the third floor so to see you there this is in Cambridge mass and what's the address here the address is now I think it's 70 or 77 70 I think Memorial Drive but it's also Memorial Drive you go to the street behind and I'll give you all the information tell subscribers as well so to see you there Tuesday night the 10th of December and go to front page go to IBD Boston investors group holiday party meeting I just check it out and google it you'll find all the information so a couple of things I wanted to talk about just briefly as we're about to wrap up so the Dow INDU the Dow right now is trading down 40 at 276 10 you've got a crossover the two moving averages and the Magde has already been down for a while so cast its way down 34% it's amazing how resilient this market has been with all the news and each time it pulls back this is around the attempt to fill in this island reversal gap down from three days ago and then two days ago you gapped up yesterday and now we made a slightly higher high you stopped right at the trend line resistance there so we'll watch it closely and the VIX index let's go to the TVIX I think that just gives a better reflection of what investors are doing at 70.3 let's go to the VIX as you're about to wrap up and go to Steve Rose Steve Rose and Dave White and Tom O'Brien you're down 10 cents at 14.70 hit a high the other day of 17.99 nothing much to see here but I suspect that investors are going to start putting money into the VIX index as some kind of security here because with impeachment that's not a good sign it doesn't wait for some uncertainty have a wonderful day I'll see you tomorrow at 8 a.m. in the morning Eastern time for my show to be recorded to be played at noon have a great day check out