 The following is a presentation of TFNN, the Tiger Technician Hour with your host, Basil Chapman. Call now. Call free at 1-877-927-6648. Looking at the Dow up 150 at 34217. This time I've got my train station chart, so I should show you on the daily chart on the left, we're in a leg scene, which I have my methodology, especially if you break it above a previous key high, that was a high of 34257 in the Dow on the 1st of May. You're confirmed in a buy mode, and the buy mode says that you should almost always go to at least a leg D and then a peak D before other things can happen. And they don't have to happen, but that's where the yellow light goes on and we start to become much more cautious now. Of course, for subscribers to open and call, we've been long for a while, we've added, actually we've been long from the October low, we've had trading positions on the short, three times short and three times long Dow, as well as the Dow itself, as well as having a core position there. Our trading position now is up, of course, very nicely. We've been in it about a week, over a week, I think. And now we've got to be a little bit careful. If you have leg C, you should pull back then make a peak C and then a leg D. But wait a minute, you finally got your leg D in the monthly, in the weekly chart, and that weekly chart had a high that was on the 16th of December, which is 34,712. Since then, it plummeted to the low that was made back in October, actually on March, and that was the March low of 31,014.29. So this is really important because within the context of this low that was made at 28,660, October the week, October the 14th, that's where every higher peak it gets counted, the alphabetized it. So you went to peak A, B, B pull back, another A, B underneath that pull back, and then it went a little A right here on this candle, high candle, on the 10th of March. That was A, then B was a slightly higher, oh wait a minute, let me just double check. 34,082,34018, yeah. So that was peak B, and then peak C was right here. The week of the 5th of May pulls back goes to D. Now this D is under that previous height, so we've got to be real careful. In the meantime, everything looks good in terms of the price. The MACD is only slightly positive in the stochastic at 7607 is still under 80%, and the on-bottom volume is lagging. So there hasn't been a confirmation other than price on the 9-period moving average over the 14, but that's good enough for now. So let's go to the S&P, we'll do this as well if I can with my one hand, spx.x, there we are. Now I've got this as an alternative count, GSASH C, which would correspond to the Dow being in Leg C, if that's the case, that means we should get some kind of a pullback. This is fascinating why, because if we've got a Leg C today with a higher height than yesterday, both in the Dow and let's say the S&P, it means that whatever the Fed does tomorrow, there should still be, technically it doesn't have to be, but technically there should still be higher highs. So maybe the market gets a little nervous tomorrow, pulls back, and then Friday says, no, I think they're okay, and then we've got to make a decision over the weekend, if we're in Leg D. So I just, it sounds, for those of you, you chaplainly methodology, you know exactly what I'm talking about. Otherwise, maybe you're just hazing over and saying, oh man, DC, you know what I'm saying? All I'm saying to you is it's still very positive, what is negative, if you say, look, in this daily chart, the on-balance volume is very overboard, but the stochastic is flat at 93%. And I always say a flat stochastic in the 90% area is very positive. Every textbook says over 80% is overboard. Even the term overboard implies that it should now come back and be over, come back to be oversold or something like that. No, it is very positive, that's all you can say. The weekly chart is 97.06, that is extremely positive, but that on-balance volume is in fact overboard. That is the only indicator our users are overboard. And if you're looking at the monthly chart, this is a very strong Leg C. Wait a minute, we're talking about a, a lot of people are talking about a major bear market. A major bear market, you've got the semiconductor index going to 154.35 today. 159.42 was the November 2021 high. We've made almost a V-shaped recovery. No, it's not the same in price left side to the right side, but I can tell you this. It's very close. We are one while late in getting to the 159.42 level, but at 151, that is fabulous action in the semiconductor area. Now let's go back to our charts. We want to look at, and I'm just going to ask Al to please cue me in for the, when I hear the music, if I hear the music. We're looking at the QQQ up 7 cents now at 360.68. See, it's pulled back a little bit. MACD is good, Stochastic is good at 88%. Long balance volume is a tad overboard. 90 is way over the 14, 9-period moving average. And that, that's a good sign. And we've got LEG GSTC in the monthly chart, in the weekly chart. And that is going towards the left side, right side price time match, which has another couple of weeks to go to try to get to the left side. I have 371.83 made back in April of last year. So this is also very good action. Look at that weekly chart. Just walking the 9-period moving average. I want to do the IWM, the Russell 2000. Russell 2000 is trading right now up strongly, up 2.51 and 188.32. Now I've got this as a LEG F, but it's got an instant restart. So there could be an F, F slash B. So far, it's going to have to be really bad news. That really tanks this market. And the weekly chart's just okay. And the monthly chart's just okay. But that data is really moving along nicely. Let's just do this quickly. GSTC. This is the Gold Index. Gold's down five in 1964. Just stuck in this range, making kind of an arch formation. Must hold 1950. Key support. The weekly chart says, yeah. By the end of this week, we might be getting into a cell signal in the weekly chart. The down the monthly chart is just kind of ho-hum. This is silver. And once again, I need to be told when the break is over, as we're doing this remotely. Oh, I think I missed something here. This is silver. Silver, and I think I'm right. Silver on the 29th of May had a high of 23.51. And the next day was exactly the same. Okay. So parallel highs at this counts as a continuation pattern. So that's peak A. And we've made a peak B. Silver's acting chart-wise. It's a little bit better than gold. And remember, silver is also used in the batteries, or at least in the technology for the batteries. And now, as it used to be gold, silver was used in photography years ago, decades ago. So now it's being used. That's good. So we've got a break coming up. Basil Chapman, I'll be right back looking at the Dow INDU as we go out through the break. The Dow is up 118. Be right back. I get the technician's hour. We have exciting news, Tigers. This June, Tim Ord of the Ord Oracle will be hosting two webinars, providing insight into his renowned market timing methodologies. On June 8th, Tim will delve into the S&P 500, teaching sentiment indicators, identifying market bottoms and divergence, and so much more. On June 15th, Tim pivots to the gold market, taking a look at cycle analysis, ratio studies, advanced decline indicators, and other important tools for analyzing this sector. Sign up today on 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? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the Opening Call newsletter at TFNN.com. The Opening Call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the Opening Call newsletter by Basil Chapman in your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know, and you'll get a full refund within 30 days of signing up. TFNN.com, Educating Investors. 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If you're looking for potential trading setups in the stock market, then Rocket Equities & Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them, using a combination of fundamentals 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. Tuesday the 13th of June, we're looking at the CCJ, which is Chemical Core, and it is trading right now. 57 had a question if I could just show the chart. 32.52 right now. This is like so many of these indices and stocks have this potential for a C and then a pullback and then a D, and then we have to assess. And next week is going to be the week to assess everything so far. Look, the technicals are extremely good. On balance volume is overboard. It says it should have a pullback, just a pullback. That means it could become a peak C, then go to a D. But look at the weekly chart. There's a beautiful symmetry between the left side cup and the right side cup like a W formation, rising W formation. And look at the way it's walked, the 14 and 9 period moving averages in the monthly chart. They're really good. So this is actually extremely well. And finally, in this month of June, the MACD is cross-positive. Stochastic full lagging is 64%. So this on price is extremely good. So let's go, I want you to finish up the areas of the commodities. High grade copper is made a very quick peak B, peak C, and one bar S. Peak D, one bar S, and today's lag E. So usually when that happens, you get a bit of a pullback. It's not a major sell for anything like that, but the speed with which it goes from C to D to E says, okay, you've got to be a little bit careful. So that's copper, but it's acting extremely well in the daily chart. The weekly chart is still, that leaves a lot to be desired, looking at the dollar again. Let me just do this dollar DXY. We've got that. There it is. Pulling back, it's actually gone to a sell signal right now in the daily chart. The weekly chart is all being in this lower case H. They go to a lower case M path. Everyone's saying dollars should be breaking out to the upside. My work said, well, if it follows the pattern that is being seen in crude oil and many of the other areas of chart formations, this lower case H should go, because it held the left side low, should in fact make another arch formation which go to a lower case M. So the dollar doesn't have to break down. It's really not leading at this particular point. If you look at the USDJPY and they usually go in the same direction, the dollar in the end, that's the direction. That doesn't mean to say they're following the same percentage, but this is a way better chart. They made a big rally and now it's making this cut formation because they have one spike to go to maybe a peak C1, C2, or even a D. Well, the weekly chart says it's holding very steady. And that's what I've been talking about for quite some time. The correlation that we've had between the yields coming down, the market going up, or gold coming down and dollar goes up, the VIX comes down, the market soars to the upside. That's not really been the case for quite some time now. And in this particular instance, you can see it with the dollar and the yen. They both have a trajectory, just a shorter term, but in fact, if you look at the weekly chart, yes, the dollar, so yes, the US dollar, Japanese yen, the yen going to a peak A and then a peak B in the weekly chart, very nice upside action. And look, I'll just do this one more time, look at the dollar. Can I get that? Yes. Because the dollar is the exact opposite, and that's very unusual because it's usually the euro that has the exact opposite to the dollar. And look, yes, the euro, peak A, peak B, I think. Let me just check. 1.0787, 1.0787, no. So this is a leg B right now that we're looking at. But look at that monthly chart having a high-level consolidation, not breaking out because the weekly chart that was because the weekly chart making the sideways almost like a rectangle and you can see it better in the monthly chart. So that's the euro which is up just a fraction right now. I wanted to go to the TLT and TLT is pulling back, but there again, that's the pattern I spoke about in the dollar. Look, lower case H goes to a lower case M, sideways rectangle formation. If the TLT, which is the ICIS-20, a treasury bond ETF, actually breaks 100 and starts to test the 99 to 98 area, then I'm going to be looking at the yields and saying, uh-oh, yields. Let me just go to the TLT, we'll see it's the opposite. So the TLT is going to D, E and F. Let me just do this. I'll type it in here. So in the chat wave, you find the lowest low and you can't eat success at the higher peak. It's about as simple as that. My objective is to go sequentially, A, B, C, D, E, F, G. But at D, other things can happen. You can get a recycle and get a whole bunch of things. So yeah, it is the TBT, which is the ultra-short, even 20-year treasury bond ETF. I need to put it down arrow, but the 9-period moving average hasn't turned negative and the price hasn't closed. Well, it has closed as before, below the 14 black, 14-period moving average here. But look at the prices being sideways and look at the weekly chart. So I think yields are just stuck in a range. What am I missing here? I did the copper, did that, did that, did that. Okay, so a couple of things I had questions about and I want to follow up on them right now. So could I do apple? Okay, apple. And I'm not sure if you want the apple on a daily inch a day or whatever it was, but apple made a peak F in the chat wave methodology. That could have been an alternate count, but basically what I do when I see something like this is I draw in the rectangle and I say, okay, you've got your outer limits. Let's see how it deals with these outer limits and we will look at Nvidia in a moment talking about outer limits. But look at this, apple made 184.95 high about seven sessions ago. The weekly chart made an almost doji-type candle and it's saying, and I'm going to draw that in right here at this particular moment. Let me just finish drawing this. Here we go. Okay, and then I want you to do the monthly chart to show you this is the weekly. I'm doing it right now. There it is. It's like I'm the right thing. There we go. And you can see 182.94 was the all-time high back in January of 2022. There we are a month and a quarter later, almost a month and a year and a half later. And what do we do? We've got this beautiful cup formation and we've seen it so many times over the last year that there are prices that go as lows and highs to exact within pennies, even if it's 100, even if it's a $300 stock or index. And it goes right to within pennies and then has a bit of a reversal. So is Apple telling us that we're getting really close to some kind of a digestive phase where maybe the 184 to 182 area is strong resistance and we start to pull back, just digest a little bit in this rectangle formation in the weekly? But wait a minute. The daily chart technicals are starting to weaken but that 9 is still way over the 14 to get that negative, to get a cell mode, not just a cell sealant. You'd have to break this up trend channel line right here, this inside track propellant line right there. That means you'd have to close under 174, 10 points lower to actually start to get that 9-period moving average turning negative in the daily. The weekly chart, everything's good. On balance one's very overboard. Look at the flat stochastic. And 95% that isn't really good. And the weekly chart, monthly chart has just seen the MACD cross positive. Baselchap and Tiger Technicians Hour will be right back out. Just give you the price of the Dow as we're looking at it now. The Dow is trading at 100, up 102, 3,400, 117. It hasn't made a new recovery high. I'll be back. 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. 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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. 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. So this is what I wanted to show you. If you look at the market in a way that says what's working, what's not working, therefore what is the market telling us? Pave, which is a global ex-U.S. infrastructure and development ETF trading today right now at the high of 30.16 up 54 cents in LegC in a new buy mode in the daily chart has 30.30 as its all-time high back in the week of March the 3rd, 2023. And that was above the 29.45 high of January. So you tell me, if this is working so well in terms of the deep infrastructure, the deep part of the economy, and that's the super tanker. That doesn't just change on the dime. It takes a long time to heal and repair any damage. And you've got a caterpillar, which must be part of that, acting well. Look at this caterpillar up today, up $8 at 2.45 of 3.36 percent. I've got this as a leg E in the daily chart, but it could have recycled. It doesn't matter. Everything here is positive. The weekly chart has a long way to go to get back into the 260s where the last high was. And it made a big D in the, this is a kind of heavy duty equipment. C-A-T is a symbol. And look at this monthly chart. It has a chapter where a falling axon broke out and went back in and now it's acting very well. Even if you put deer, which is actually more agriculture, Deers, look at that action in deer. It's so early and it's moved to the upside. It looks like peak A, peak B, leg C. Oh, so many charts in leg C. Look at this chapter where a falling ax formation in the weekly chart. So deer is acting well. If you look at the agriculture, DBA, I should just mention, we are a long DBA for a long, long time from the 13s is trading at 2131 right now. That means that the grains are starting to move back up after a very sharp move down. Look at this wheat. Trading nicely. It's in a buy signal at this particular point. It hasn't confirmed the buy mode. Weekly looks terrible. Monthly looks terrible with the deities improving. It has probably, it needs to get to the 666 area, 680 area to say, hey, I'm now in a buy mode in the daily chart. Soybean, this is soybean continuous contract, is making, this is still a leg, a leg A in the daily chart. Weekly looks a beautiful arch formation, retest of the left side low, weekly chart made that H pattern, monthly chart that is, test of the left side low. So this is very good action going to the 200 period moving average of 1411 and it's trading right now at 1398. So I'm liking what I see in the rotation. Remember, I consider rotation to be, if you're looking at the market, if you aren't considering rotation as being important, then I think you're missing out on sectorization. And that sectorization says, if you pick the right sector, if it's in a bull phase or if you're a bear and it's in a bear phase, that tide can keep you in the trade a lot longer than you anticipate, anticipate initially because all the momentum goes that way. And this particular instance, corn, they exceed to the upside, very strong technicals. I like what I'm seeing. So what I was saying is that the DBA is telling us that yeah, the agriculture, the DBA cultural funds doing a very nicely, 2301 was the May High, there was a major high, and then a pullback sharpie into the 19 area and here it is at 21, two points, but in this particular instance, it is a big deal because it's a trend of a particular sector. That's why deer, I like the action very much in deer. A question came up about, okay, so I wanted to go back to this, so we said apple. Apple is pulling back from the inter-day high, looking at Amazon, Amazon is trading right now, and I want to look at Nvidia, I mustn't forget. So Nvidia made a new recovery high. I'm calling this a G, at this particular point, a G slash C, because it could have an alternate count. That's why you always have to be, after your initial D, that's where other things can happen, that's the case here, but look at the weekly chart. Leg C looking very good, Amazon holding very nicely, makes the at 126 right now, even though it's down 44 cents, they make the whole area of 117 to 115, really important support. It is a major turnaround. Nvidia, Nvidia is the, I typed it in the wrong place, type it over there when you're working with one hand, because the other hand is holding your cell phone, because I couldn't Skype in correctly. Yeah, we got Nvidia up at $5 in the 12 cents, at $3,977, all within that rectangle. You remember I drew the rectangle, I said these outer limits are what we're going to be looking at for some time, $419 on the upside, $366, I think it was, let me just double check. Yep, $366 on the downside, there it is in the middle one, just a little above the middle at $400. Look at that weekly chart, a little silent doji candle from last week says, okay, if at any point, and I suspect it's going to happen, in the next, I'd say in June, if there is a close any day below, let's go to the $366.35, let's call it under $365. That says, Nvidia is finally after this spectacular announcement and all the, everything that was working for it, is just having a big digestive phase, well, I don't know about big, but a digestive phase, because that's huge, that's $290 to the $360 gap, that is an amazing gap. And it went to an all-time high, it's just off the all-time high. Next thing I was asked about, could I look at the PPA? PPA is the, oh, I didn't update it, Invesco Aerospace and Defense portfolio. So this is gone from here, you identify the lowest low bar, then count each successfully higher peak. I believe it's in leg D. So you can tell when I'm doing all the stuff, everything that's worked up until this very moment has to be analyzed in the next three to five sessions, I'd say even three, yeah, three to five sessions, to see whether or not the continuation pattern, since this is a rectangle, and we retest in the previous high in the Invesco Aerospace and Defense ETF, right now we're looking at it at a high, 82.71 high of the day, 80, oh, just off the high of the day, well, the previous high I didn't type this in, was back in, right there, back in March, the week of March the 10th of this year, 82.61. You see what I'm saying about how so many key areas are testing almost to the penny where they were months ago, and that's so often that we've seen in the last, I'd say eight months to 10 months, how many, actually it's more than a year, how many times prices have gone to within pennies of the previous high and then pulled back again, then gone to the low, hit the low, we've seen that, we saw that even in the TLT, the TLT went to the 99 area and retested it, so you even saw that in the dollar, so we're looking at this very closely, but the question came in, oh, Netflix and FLX, Netflix, a new recovery high, leg F, could be an instant reset, oh my goodness, in the daily leg D in the week, everything looks excellent here, I'll be back in a moment, Basel Chapman, Tiger Tititions Hour, we're going to the next break and I will check to see, I can't see YouTube, but I will see in the den if there were any questions coming up, I'll be back. The Gold Report. As a precious metal, gold is still king. It continues to hold the most effective global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The Gold Report. Tom O'Brien publishes his weekly Gold Report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report. New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com. To help educate investors just like you, Tom's daily market newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights, today, and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN. Educating investors. Biotech is booming, but for how long? Whether you think the Biotech bull has room to run or has run its course, trade LABU or LABD, Directions Daily S&P Biotech three times bull and bear ETFs. Visit DirectionInvestments.com slash Biotech today. An investor should consider the investment objectives risks, charges, and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact Direction Shares at 866-476-7523. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. So we're looking at the XLF which is the S&P Select Financial Spider Fund. Very nice off the 31 area back in early May training at 33, 42, two points. It doesn't sound like much, but it means that the weekly chart we can look at and say at least at this point as we're speaking at 10, 42 a.m. eastern time on the 13th of June, we're starting to make higher highs and higher lows. That's what I wanted to see for quite some time because I think it's absolutely imperative that you have the... Oh, I've got to double check that. That you have the financials moving up. If they start to store, the IAA stored a little bit and then it started up strong again. 33, 43, 33, 53. Yeah, this is 33. Today's high is 33, 48. Oh, we haven't made a leg B yet, but it's good that we are trying to make higher highs and higher lows in this particular instance. The regional banks moving up not quite as sharply today. It's up 74 cents at 43, 89. It hit the left side targets that we had in price symmetry. 44, 59 has been the target. It's gotten to 44, 98. That's a really good action. I want to see this almost lead in the banking sector because this is the regionals. You want the regionals to be doing very nicely. So I spoke yesterday about HEC, which is the iShares. So it's a cyber security ETFs on security stocks, making a new recovery high today. Up 48 cents at 50.18. HACK hack is the symbol. Now, this is how many times we've got a potential instant restart where after a PVD, within three bars, there's a higher high and that gives you an E, but it could be an alternate count. So that's why I'm saying this is such, I'd rather not pre-suppose something. I'd rather let the market tell us because if the Fed actually says, we're getting to this halt, we're going to stall, we're going to, whatever they say, how the market perceives the statement is going to be absolutely imperative to monitor because it's not what they say, it's how the market responds. And as far as I'm concerned, it's a response that says we might continue in this move up I'm looking at so many aspects that say on a very short-term basis, becoming quite overbored just on my on-balance volume, that's the only thing, but the nine is, almost all of them that I've shown you here, look at the daily charge here of HACK. The nine is way over the 14, the MACD is deflected up in this M-shaped pattern, it's higher, statistics over 80% at 82, not great, but it's good. In this instance, because it had to be much higher before, on-balance volume had to retracement, now it's trying to rally. The weekly charge there has this cup formation and it's not only that, it's a rectangle formation. Now I can expand the rectangle formation because that's the lopsided cup, the gravy cup that I call, and that just says, if you're making higher highs and higher lows and you've got this rectangle formation with the lopsided sharp move down and then you're making the steady move to the up to make that he lifts on the right, the quaro that's the semicircle on the right, like a boat that's the keel, the other side of the keel, then you should get very close to right on or just above the previous high, this is the high in HACK, which is at 50.28, the week of the 26th of August, and then you've got to be careful. And here it is at 50.18, very, very close. And every perspective that I'm looking at the market right now, the Fed, from what we can perceive as the market's anticipated response to something that hasn't happened yet, sometimes you get to sell the news. You know, you get an anticipation of news to get you ready or get yourself and then you get your exact reversal on the news itself. So I'm watching this and we're ready to do whatever it takes. A couple of things I want to look at here and I'm going to go to it right now. So within the context of all these different sectors, we looked at Apple, we looked at Amazon, we looked at Netflix, we looked at NVIDIA, GOOG, and I look at GOOG, it's not the trading stock, it's GOOG, the Alphabet Inc. C stocks. Search Engine made a peak D just recently, five sessions ago at 129.53. Didn't get to a round number, 129.53. Well, it pulled back, but it hasn't really participated sharply in the rally the last three days, four days. That says to me, it could start to stall here and that gives you the 118 to 115 other people that asked me, at what point would you think of stocks like in Google, like in Amazon, that have read Apple, that have had fabulous moves? Where would you start to look at getting in? I'd say have patience, if you miss it, you miss it, but at this particular point, Google looks like it needs to rest a little bit and let's see, if it starts to trade under 120s, at 124.63 right now, any time in the next week going into next, the full week next week, that's when we want to start looking at it. A question came up about BSX, BSX. BSX is Boston Scientific. There it is, Boston Scientific. Oh, that's the same pattern in miniature. Sorry, the Google is in miniature. This is a bigger one. Made a peak D, then a sharp pullback from the 54s down to the 50 area, bounced up to 52, just under 52 and now it's gone sideways and you can see in the weekend. Let's just suggest that some of the leadership that we've seen, and that could include the PPA, that's the aerospace area, that could include that area that takes a bit of a breather here and that means that we've got to be looking very closely at the sectors that I wonder what CC is doing. That is Chamois. Chamois company trading up 82 cents yet a big spike and now it's pulling back. That's in materials, Teflon, fluoropolymers, et cetera. So yeah, it's a very gated scene. You've got sectors within sectors that have participated in our resting or haven't participated in one other sector. Oh, I haven't listed this for a long time. WTR, I'm probably haven't even got it notated. WAT, is that water? No. Yeah, water company. So this is also in the construction area, I believe. Is it water? I don't know if it is water, but I remember I'd follow this. Yeah, this is now having a bit of a rally. It's up $7 at 264 and it had this huge negative arch formation. So we've got to look at what could work and that was when I did the webinar about a month ago. I said, we've got to look at what's working now and what could work in the next part of the summer. And that's this part coming up now. So do we get this pullback in the, let me just once more go to the SMHs to show you what I'm looking at. So it's bounced back, it made an intraday high of 154.35 and it pulled back to the 151s now to 152.95. And that's the other thing that we've seen this week that stocks even the industries. Look, even when you think you've finally got yourself a decent top, what happens is it pulls back, makes a couple of missions and tries to go right back to that previous level. I'll be back in a moment. Let's do the E-mini's up 24. I'll take this when we get back and we'll talk about it for the last segment. That's what happened. We have exciting news, Tigers. This June, Tim Ord of the Ord Oracle will be hosting two webinars providing insight on renowned market timing methodologies. On June 8th, Tim will delve into the S&P 500, teaching sentiment indicators, identifying market bottoms and divergence, and so much more. On June 15th, Tim pivots to the Gold Market, taking a look at cycle analysis, ratio studies, advanced decline indicators, and other important tools for analyzing this sector. 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Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com Educating Investors 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 Fuel cells, fuel cells. FCE L is a symbol at 271 up 11 cents. Yeah, Leg D, we were talking about this the other day with Dan Madin. It made that peak C and pull back, and then we were expecting that it would go to a D and it would be above the high of the 8th of May, which is at 261, and it did that. Now what you've got is the stochastic's full week at 71%. MACD is good, 9-period moving average is over the 14. All the other technicals are good. The on-balance volume is just a 10 overboard, so you get a bit of a pullback. Yeah, but now this Chapman of Inside Wedge target repellent line becomes a support, and that is on the very short term, 250. Let me just get that right. Yeah, the 250 should be a key support. So that's what we're looking at. So let me just sum up real quickly what I'm looking at, and I have to do that because I think if I've got the internet still, these are remote things that are hazardous to your health and hopefully not to the wealth. So we're looking at the Dow. And this is what I'm looking at in terms of the next few days. Somehow or other we should still get to a leg B. That's a higher high. Real leg C. Looking at the S&P it's the same thing for almost all the industry. So there could be a pullback tomorrow, but somehow or other we should squeak higher and then we might have a digestive week coming up next week. It's kind of what I'm anticipating. This will remain long in our business. No shorts just yet. Have a wonderful rest of the day and Basil Chapman signing off. Thank you for watching.