 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 Hello everyone Basil Chapman Tiger Technician Hour Pleasure to be here Monday through Friday New to 1pm 877-927-6648 Let's get to the numbers Dow is up Yesterday this time Dow was down Over 300 points Started to come back Now we're up 201 At 27704 So A couple of things happened yesterday And I think that The balance is a little more than I anticipated But certainly you could expect the balance A couple of things going on here Number one That VIX index It was just way, way, way too quick We went Toodling along yesterday From about the 14s Zipped all the way To I think it was 17.99 And pulled back sharp VIX is back at 14.27 So coming off an all time high And if you look If you look at the If you look at the Dow futures It made a high yesterday It was yesterday It gave you four On Monday Monday made an all time high That was on the 2nd of December I was talking about this and I said That's very interesting For the monthly chart You've extended leg D But in the Dow itself In the cash index It made us on the 27th At 28174 That was very unusual And that happened to the index And the S&P as well Futures went to all time No, I don't think it went to It was the NBX Yeah The high that was made On the 27th was 8458.75 Then 845825 That's 50 cents less And then on Sunday evening going to Monday Yeah, 847 845725 So this is very interesting So you've got a peak G In the continuous contract The QQQ Made a peak G at 6.05 in the 27th The S&P Cash Made an all time high 3154.26 On the 27th All of them made peak Gs And they are in cell modes On the daily But those weekly charges Technicals are still very good So the S&P is up 20 And 3114.08 Made a high today at 3118.02 Filled in the gap from yesterday From the low On Monday And yesterday we Gapped down So it's full of that gap The Dow Gap From Monday Because the low was 27,000 27,078.02 And IWM The Russell 2000 Up 1.20 at 160.80 And this Is very interesting It had not a gap down yesterday It actually It's right These little details are actually Important right now because the low On the second that was on Monday It was 159.91 The high yesterday in the cash index Was 160.12 And we went below it We went down to the 158 level 158.10 And now we're trading at 160.85 The high was 161.22 Wow Very interesting Let's get to all the nitty gritties As far as where we are In the daily charts we've got sell Modes in place Let me just finish everything In the New York stock exchange The NYA.X This is the very broad New York stock exchange Also PG On the 27th Right there Cash goes 13,611 0.49 On the 27th All-time highs 635 Isn't that interesting This by 25 points After being elated Since January of 2018 At 13,635 Plum is down to 10,723 In December Rallys all the way back and gets to Within 25 points Is this the left side right side price Time match? Nope Yes 11 months 1,2,3,5,6,7,8,9,10 11 months 1,2,3,4,5,6,7,8,9,10,11 Yeah 11 months So it has 11 months From the all-time high in January Of last year Down to the low of December And then it's 11 months And misses by 25 points Is it going to make an all-time high In December Is it going to make an exact 11 months 11 months But in the meantime Back at the ranch This is what I wanted to show you Remember we were talking about The moving averages Look at this Moving averages, yeah we go For the Dow It failed to cross negative yesterday But why that 9 period Look at this 9 period moving average Look at that 9 period moving average Went very close to the black line That's the 9 Is the green And just what is the difference today You got Can I do that Is they going to tell me No this won't tell me Yes it will No So it was very very close Hasn't crossed negative yet I suspect it is going to cross negative But maybe it just rebounds Deflects back up again Let's look at gold Gold at this particular moment And trading at Hit the right key Down 5 And 1479 Had a big day yesterday Went right to the 50 period moving average A little dash grade line And then today popped up It opened lower, popped up And now it's down below It's above the 14 period moving average 14.79 At this particular moment And the maggie is good It is rallying but not great But the on balance volume says Something's wrong with this picture At this particular moment Because it's flat, it should be up But it's not, it's kind of sideways to down And the monthly chart says Ho-hum, stuck in the range Nothing to see yet And silver is the same thing Silver tried to rate it all the way to the 50 period moving average Of 17.41 Now trading down at 15.92 Trying to go for the 200 period Exponential moving average And the dating, remember those rectangle formations Let me just drag this across here If you don't think a rectangle formation is a powerful instrument Wow, just have a look at this Look at that That's the line that I drew in Way back It actually goes to just trading Oh, look at that All the way from From August, the week of the 7th of August At 20 and 19 All the way across It keeps coming back to the space of support We're going to break down, we'll see I'll be right back, Basil Chapman type of missions out Tiles of 195 We'll be right back After these important messages But look at the dollar this one If you're not currently using The TAS Profile Scanner When looking at setting up your trading opportunities Then your arsenal is short a mighty weapon The TAS Profile Scanner Is a standalone piece of software That boosters over 2,500 global Financial markets such as stocks, ETFs, commodity futures, and Forex Heated by Steve Dahl, TAS understands That in today's technological world The use of top-flight software applications And technical analysis expertise Is essential to successful trading In today's market You also gain access to the webinar That Steve Dahl and Tom O'Brien just hosted The best way to use the TAS Profile Scanner To profit 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 Under the Services tab Sign up today TAS Profile Scanner It's an extensive experience in the Tampa Bay area Whether you're looking to sell your current Property for maximum value Or you're in the market for a second home Or investment property Tiger Realty has the experience Across all areas of real estate In the Tampa Bay area to help buyers And sellers make the most informed decisions Across all price levels From the price you should be paying Per square foot in certain best decision when it comes to all areas of the market. 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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. Hopefully at 727-873-7618. Hi everyone, we're back. Basel Chapman, 186 points up on the Dow, 20 points in S&P. It's kind of stalling out here. We're going to see how I talk about the overview in a moment. Let's finish this. The dollar is down 98.54. I think it was that, the 27th is why everything he makes is 29. I think that was a little earlier. That was, oh that was a 29th. The dollar hits 98.54, just about a point and a half of the old tie of the recovery high, five-year recovery high, and low and beholds a five-year, I'm sorry, two, three, two and a half year. What we're looking at is that the dollar has gone to a peak D yet again. Remember the peak D was made back on the 1st of October, 1967 and then it comes back down to 97.11 on the 1st of September. Rallys up to another peak D at night, that's four peaks higher than the Chapman methodology. 98.54, that was on the 29th of November and now it's hit a low today of 97.43, it's trading in 97.66. It hit the 200-period moving average. Every time it's done that, it's rebounded above it. I don't know if this is the time it's going to be different, but the weekly chart says there's a dreaded age pattern forming, so let's see if it's able to break away into the 98.50s over the next two weeks or if we're going to break down and go to 97. But that monthly chart has made a peak D and it was a peak D way back in January of 2017 and 103.82 before it went to the low of February of 2018 at 88.25. So this is a very nice bounce, but it's taken quite a long time. I like a strong dollar. I want to see a strong dollar. So the most important thing right now is the EURUSD. That had a balance and now it's given back some of the balance of 1.107. It used to get to the 1.118s to say, I've had enough of sideways. I'm breaking out. I hasn't done that yet and I better hold 1.00. And the USDJPY, that is the Japanese yen currency, dollar currency, has had a big pullback. I have to call this, I can't call it a G and an H because you don't get that. So this is an A, B, C, O. I have to rename this. I don't usually do that and not in this kind of manner where I have to move the down arrow all the way back, go to an up arrow over here. This becomes an A and that matches the dollar because very often it's not in price, but kind of direction. The yen moves closer to the dollar than the inverse, the mirror image of the C and a D. So that's the yen and the euro and this has gone to a sell. I'm going to put it down arrow here even though it looks like it's trying to run it. And it's a leg D. Oh, this is the same thing. We can beat D way back in April. Pulls back, comes back, runs, goes to a leg D and there's a chance that this week it makes a peak D. We'll see about that. So that's that. I just wanted to quickly say crude oil. It's very interesting. This is a big move up in crude oil. It didn't, oh, is this the same thing? So crude oil is trading at 58.44. I'm not sure what turned it around. That was a really ugly session back in the 29th, up in the 58th, 30th area and then tumbles down to 58.02 and then it has a rebound and now it's a little bit higher than that bar. It's at 58.53. It's a high, 58.43 right now, but it's stuck in the range. Look at this weekly chart. This is range bound and I don't want to ignore it because when you get this kind of reflex action, you remember this kind of, it's like a spring loaded action and in fact, let me do this. This is the most important thing. This pattern that I'm looking at right here says a breakout above. Yeah, we go. Maybe it's the mouse. It's not just allowing me to freely click. There we go. You see this kind of oval pattern? What's important about it is that if there is a break in the continuous contract of crude oil above 58.74, the 22nd of November, it can go a little higher and then what would happen is like an oval pattern and it breaks above it and go to the 59 area, but then it's probably going to come back into the 5740s. That's going to be the clue because if it breaks down again, that's decisively looking like a rectangle formation, but if it suddenly breaks down, it's very negative and if it does break, it starts to go to 5960 to 60.22, something that range. No, I think that's a little too high. 59, right there. So 5925 to 5975. If it breaks and holds in that area, that's also improved the weekly chart to the point where I would have to say there's now a chance that the crude oil can break from this pattern and start to move quite a bit higher. I didn't think I'd say that, but that's what I'm looking at. Higher highs and higher lows on daily crude. Not quite, but it's kind of like that. I'd rather prefer to think that of it as an oval pattern within this big rectangle where it just keeps coming back in. Look at this. This rectangle formation, it's just been stuck between 58 and about 53. It can go a little lower, a little higher, but it keeps coming back into the range. So it's a pattern within a pattern within a pattern. Let's see what happens. Okay, it's crude oil, but we have to look at the TLT trading at peak D. 139, 54 down 167. Isn't this interesting? Look, we had this spectacular gap down. This is really a big one the other day because it was also a bit of a surprise. On the 29th of November, it's up in the 140 area. Boom. Monday, gaps down two points. Remember, it goes down to 137.95. I didn't reversal yesterday. Huge move up. One of the things I think I spoke about it, but it's something that I usually talk about. I usually talk about when the market becomes vulnerable and layman's terms vulnerable means when there's a lot of selling. They never say vulnerable because it's going higher. They say vulnerable because they're selling. Money tends to flow out of equities and into the so-called safety of bonds. I say so-called safety of bonds because one day it's not going to work out that way. In the meantime, that's what we were looking at. So most importantly, what we are considering here is that the pattern that I call the dreaded H pattern, the lowercase H from 148.90, a weekly chart peak E pulls back to 136.54, runnies back up to about 145, pulls back to a new low of 134.45. The week of the 8th of November announced balancing. So once again, it's trying to form these arch formations and arch formations have a particular modus operandi. If there's a push back into the 143.5, 144 area, that's going to be really positive that this particular time sort of stuck in the low range trying to balance. All right, spoke about TBT yesterday. You'll see the TBT had a sharp decline yesterday and now it's balancing a little bit stuck at 25, 25.56. Just stuck in a range for now between the 26s and the 24s. I'll be right back, guys, I'm behind the 72 Basel Chapman Tiger's Ignitions Hour. A bunch of questions came in. I'll get to them as soon as we return. Hey, was there anything else I wanted to look at? No, I can now do it for questions. I'll be right back. Since 1984, Basel Chapman has been using the Chapman Wave methodology to advise traders of his expert market opinion. Well, originally hand drawing charts from the late 1970s into the 1980s, Basel noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply. Later, Basel found that computer software which included the standard market technical indicators enhanced the degree of accuracy in calling price turns as well as market trend calls. 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This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Hi, folks. We're back. I got some really good questions. Let me just deal it one at a time. So, question, if one feels China deal will happen, isn't this a great buy regardless of current technicals? So, Kevin, you know, that's a really good question. A question you've asked many times before and the markets kept going higher. I have to... How can I put this? All right, let me just do this for a second. I'd spoken about this quite some time ago. And what I'd say it is, I believe that the president has found an absolute... The president has a particular modus operandi and he tends to use whatever works and he uses it until it stops working. Number one. Number two is, other than the tariffs, I suspect that the market would have been pulling back a little bit more over the last few weeks. So, absolutely, this is a tool for him. And he's used it very well. He would like it. I'd said about a month ago, I said, this is the period coming up, the period of the next three months, this is in November, December, January, maybe February, would make the most sense on a political format regardless of who's president at this particular point in the market at all time highs. This is the period where you'd prefer to see the market pull back and then have a great April, May, June, July, especially in July and going to August. You want to go into the election year with a market in full ball bull mode. It makes it very difficult to lose. If that doesn't matter who it is, it just makes it remember with Obama, I expected, I was one of the few people to say the next president will be President Obama, but I suspect he might be a one-term president and that was because of the economy at the time. I thought it would be very difficult for him because he was kind of anti-capitalist. Meantime, it turns out he was one of the great bull markets of all time. He never spoke about it, yet was. And now Trump has considered himself to be Mr. Market. There'll be a penalty to be paid for that, I believe, a very, very strong penalty, but not yet. It's still too early in the game. So I suspect that it is just a tool and that he doesn't want to actually resolve the problem. He wants it hanging over and he wants more than 51% of the problem to still be a problem so that he can manage the problem. He doesn't want to resolve it, and eventually when everything's concluded, he just wants a 51% win because that's what he calls winning. So I just needed to say that. So I don't see anything that's changed. For instance, now I can go to what I wanted to show earlier. Now's an appropriate time to just read your note. Look. Look what happened when the green nine-period moving average crossed negative and turned pink under the black moving average, the 14-period moving average. That started off the whole process I discussed way back in April when we went short the day before, the high. And then I called it a bad news cloud cover when we went short right here in September at 27,398. We went short 27,391. Seven points off the all-time high. And then it took a whole bunch of time, 13 sessions before it crossed negative. Then I missed this one. I want to do, we just missed it, but we did go short about 120 points off the high back in. That was the high of September. Bad news cloud cover. The high was right there. I think it was the 16th of the 12th of July. And then it came down to 14 days before they crossed negative. Now I've drawn in the oval pattern, but I decided I'm going to go to the high of the 19th of November, our very first time to attempt to short on the 28,090. And then we took it out. We went just a little bit above it. We went to 21,000 all-time high, 28,174. So we were very fortunate. I think we were fortunate two days ago at the open, about 80 points off the 70 points off the high, we got short. And now I'm going back, just to be cautious, I'm going bad news cloud cover. I'm going all the way back to the 19th. I should start it over here. But the fact that yesterday we broke decisively underneath. Look, we broke decisively underneath. Every other time we took ages before we broke decisively underneath the 14 period moving average. That happened yesterday. So I can just go with it. What I see my chart says that yes, we could be very choppy, but choppy with lower highs and lower lows. And we might not go all that much further to the downside because once we crossed negative, it took just two more big down candles in the daily back in October to go the October first low. And then when it crossed very negative in, that was in July. And then it crossed negative the first of August. It took 1, 2, 3, 4, 5 and a big bounce, 6, 7, 8, 9, 10 and 11 sessions later, 22 sessions from the cell signal. Before you turn up and you start the big move up. So I suspect that we will go down and then the big test comes with a rally. Maybe sometime a third week of December. You remember my rule of thumb is that if the Dow survives, the usual September October down moves. And last week of October, first week of November, it's trading near the yearly high. There's a good chance you're going to close near the yearly high. So we'll see. So I'm just trying to do my analysis as best I can. The other thing to look at here is, that's to answer your question, I think you're right in your assumption. I think I'm right in my analysis. There might now be a compromise between the two because now we know that Trump is using it in shorter timeframes as a tool. And at a certain point, that gets worn out. People start not believing it anymore. So all I can say is yes, we've got, was it December the 15th? Deadline, the 12th and the 15th. So we've got the deadline coming up in just over a week. And let's just deal with it one at a time. So right now I think this is just a bounce. I've answered your question. I do think limited upside, but maybe it's limited downside. And the big thing about it, if I can show it, I just show my subscribers every day, is that I showed here the daily chart, the MACD is very negative, and even with those bounces, the cash is still only at 40, or is it 49%? And I think there's still room on the downside. And there's a pattern that I call right here, Chapman Way 5. I think there will still be this Chapman Way 4 to the upside. I think there'll be a Chapman Way 5 under 27,000, 325, the 27,200s will be the key test. A break under that said, oh, now there's much deeper weakness. And if you look at, I don't want to take too much time. If you look at a lot of the key stocks, many of them needed a digestive phase, and that's what they're getting right now. Then now I can get to some of the questions in the den. The first question was, whoops, am I going to see the first question? Yes. Let's see. I apologize for being late for my midday update. I just had to do some, I thought I got rid of all the snow and the ice and everything, but some of it had just showed up on the stairs outside, and I just wanted to make sure that it was clear as I was busy working out there, and I forgot my type. So question, Basil, is continuing the saga of CLVS? What now looks like doji is forming half way marker or turn around Tuesday, also a 3.382 film level. So yesterday the questioner said, what about it? It was in the, right here, CLVS type 22. Again, by mistake. I'll be back. If you're in the CD market and looking for a secure investment, the Tiger First Mortgage Program may work for you. 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So, CLVS, this is CLOBIS on Coalogy Inc. Biotech. We've had one of our TASTFN listeners have sent, periodically sends in really good calls on biotech stocks. And this was one of them and it screams from the 2.93 was the low in, that was October the 29th, and it screams all the way to the high of three days ago at 17.37. So let me type that in here so I know what it is, I don't have to keep checking, it's 17.37. And then what happens? It pulls back. So what happens is yesterday, it pulls back a little bit, it's in the 15s, 15.60 or something, and I get a question in the den, will I be able to buy Clovis at 12s? And my answer I typed in was, are you kidding, it's a biotech, of course you're able to get in the 12s. Well, during the day, I'm looking and suddenly I see Clovis is down one and a half, then it's down two and a half, then it's down three, and then it's down five. Well, it was a five, five percent, I don't remember. But it comes down to $11.57 down from where it was. So yeah, and now it's trading at 12.04 at 11.39. Now this is, 11.39 was low. So this is a biotech stock, it made a peaky with a doji, long-legged doji candle, you know my rule of thumb, if it takes out this kind of candle, if it takes out the wick halfway into the lower part of the long-legged wick and stays there for on a shorter time period for a little bit, be careful because it's going to test the low. Well, not only did that, it plunged. Now I'm going to say because of the single-legged A up, and it was obviously all news related, I don't know what the hell, maybe I can do that now. News in the series, my little icon in the trade station, how do you ever use this? News window, news window, Clovis, okay what does it say, it says Clovis Oncology Option Alert calls, the $15 calls, twice it says $25 calls, I don't know what it was, Clovis Oncology. Shares increased by 1% to 11.79, the market cap seems to be at the most recent rating now. I don't know what it was. Anyway, the fact is that's what it did and now you've got to be really careful. I'd say hold off a little bit, let's give me a yell if you see this thing trading in the, see the 40 period moving average at 10.47 cents that has been cut by a 70% going from 1737 to the 1038 level, I think that that's a possibility. I don't really want it now, I'd be wrong if it's 70 balances to 13.18, 14.10, then I'm going to say okay now it's got the rectangle formation, you can stay there for a while, you can trade it from the bottom to the top and get out bottom to the top and just keep getting out. I'm just going to say hold off and I wish there was something else that we could know about it, but all I can say is I'd be a little careful, yes it did hit the 12, but if you do remember I said let's see how it handles the 11, what was that number, 11, I think it was 11.57 area, so it's just taken that out, I'm going to say give it a little more time, put it on your list, but I don't think I'd be running to buy it now, the news is out and I'll start jesting those gains, okay next question I had was right here, where is it? Questions on the right here, answer is a weekly, oh the TLT, so the TLT, the questioner said got out of some lung positions yesterday, what now and worried about the weekly chart, lower case H that went quite sharply lower, but then since the week of, okay the lowest 136.54 the week of the 13th of September, it bounces all the way to the 145 area and makes an arch formation, it comes back, closes below that low, it goes to 134.45 the week of the 8th of November and since then it's closed above that left side low five times, well one, two, three, this is the fourth week but I don't know where it'll close, but this is the fourth week that it's much higher, so I am going to say that I think that there's another arch formation forming and the big question is when can we expect a leg D or could we expect or should we expect a leg D in the monthly chart and I'm going to say the next really big decline in the Dow, if it happens over the next six weeks I wouldn't be surprised if the TLT rally sharply and that the one yields come down maybe to the 135, 133 area in the TLT to retest that level and then there'll be a rally at some point going to a leg D above 148.90 and that's the way I'm looking at it purely on a technical basis, so I think there's going to be a chance to buy the TLT so does that say the TBT rally is often the questions yesterday in play, probably as a bounce it could be but I'd rather use these things as visual tools because trading it is ready because you've got the overnight trade, anything can happen overnight and it only trades during the day, it's like the GBTC, GBTC which is the Bitcoin ETF only trades overnight so anything can happen so I'm just going to say yeah let's just watch this and to be real clear if there is a move in the TLT below 137.95 that's the candle low of the second that suggests that yields are going to go quite a bit high in the shorter term and that the TBT will be in play and that it should challenge is at 25, 25 right now should probably get into the 26s. At this particular point it's real tough to play. All right does up 193 further buying coming in, okay question I had was right here if I can read it, XLI, XLI is in fact had a peak E this is not was this the 27th as well now I think it was the 26, yeah 26 the industrials made a high this is the XL, there we go XLI, there's the S&P select industrial spider fund trading at 80.52 was it 82.65, 2 points it's just not a big deal yesterday it did look like it was a big deal there's an island reversal here can't ignore island reversals does that get filled in I suspect it will get filled in but this is really this is a much better reflection of the industrials than the Dow 30, the Dow 30 is not really an industrial anymore it might by accident as some industrials so what's as closely tried to rally it went all the way to 80.90 yesterday's over 79.26 it's really important to follow it next question I think was a very good one GD wants to know about C a cloud CRM minus 5% oracle minus 3.3 workday minus 9 and now is down as well now is down 3% Microsoft is down 1.3% yeah hey good point I'll check that out as soon as we return so I'll drop in time conditions are does up 198 as it means up 21 and then I quickly talk about my stream of stock that I have subscribers this morning 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 is share if you're looking to become the best of the best when it comes to managing your money let me teach you 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 it is transform 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 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 up-to-date 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 nika our 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 page 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 nico and page of living a primal lifestyle buy it today for just eighty nine dollars 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. Yes Gigi thank you for telling me that you showed the TLT the TBT is two times two I know that but the chart pattern is the same it's the only inversion that we've got of the TLT as a chart that's the only reason I use it I wasn't talking about as as an instrument to buy just it as an instrument to do a technical analysis on and then a statement in the den was that Basil Clover CLVS had 50% short interest so short squeeze plus they reported low operating loss an impossible indication of approval for prostate cancer all right well that's you know I mean so it's it's obvious they're stuck up to keep in mind as one of the biotechs that has a good story now I just want to mention to you subscribers if you're listening the screamer trade I had on today if you're fortunate I said to buy it on the dip after a few minutes if you're fortunate enough to have waited and you got it near the near the low that allowed you that very tight to one and one point two percent stop and you're in it and it's now trading a little bit above yesterday's close this is exactly what we wanted to see if you did if you were stopped out you have a choice you could maybe go with the lighter position now I do think it's about to start moving higher we did have one that I took off and now I said I just I didn't want to follow right to this moment but I expected that it would make that peak see you know we're always looking for the fourth highest peak in the chapter methodology and that is bk cc backrock capital invert investment corporation closing mutual fund company we had a 14.96 we had a tight stop of 0.04 1% we got stopped out and then I went from a peak see at 506 it pulled back and I said yep it looks like it wants to make a deal had a choice today be either this one or that one well today this is the screamer it's a 1.9 cent percent at 5.11 it's doing exactly what we wanted unfortunately we're not in it but this is a this is a learning experiment for me I've tried to do it myself I think I'm getting a feel for the way I can do it for subscribers is a little more difficult a lot of more words a lot more pay I think I'm gonna get it right but these screamers are ready they work they just they make up for any tiny loss very quickly so I have a wonderful day I'll see you tomorrow see you for Steve Dave and I'm a Brian check out my opening call my daily newsletter team quite nicely these days and