 as a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618. Let's go to Al and Tampa. Hey, Al, what's going on? Oh, it's a beautiful thing. I mean, if your listeners don't get the gold report, they're missing out. I mean, with your gold report, you just printed money. I love it. You're my best dad out there, Al. Let's go to Jeff in New Jersey. Hey, Jeff, what's going on? Great. Hey, listen, I was calling to thank you. A few weeks ago, you were prompting on your show to fill out that $10,000 grant. Yes. So I filled it out, and just a couple days ago, I found $1,000 in my business checking account. That's awesome, man. That's awesome. Yeah. Because if it wasn't for your prompting, I would have just assumed, you know, no way I would have gotten anything. So I wanted to thank you. No, we appreciate you growling a problem with us here. Now, Tom O'Brien. Oh, welcome, folks. This is Tom O'Brien of TFNN. We're five days a week. We go seven hours a day. We go 24 hours a day on the internet at tfnn.com. Always remember, folks, what if you think about, you bring about whatever. You focus on growth. I hope everyone's having a great day, safe day. Let's make it a great week, folks. Kicking into Labor Day. Always do your best, but don't overdo. This is a great card, man. When you overdo, you go against yourself and you pleat your body. It'll take longer to accomplish your goal. And this is, you know, when you go to Ray Clark, folks, he wrote a 100-page book about the making of McDonald's, and he was 55 when he started making McDonald's. The key is work, work, work, and then shut that brain off, because then you can get up in the morning and get done what you want. McDonald's! Let's take a look at it out here. We have the Dow Industries down 652. Nasdaq down 320. S&P's off 92. Gold contract down $12.50. Straighten at 17.50 an ounce. You got Silver down 18 cents. $18.99 an ounce. Light Sweet Crew down 54 cents. $90.23 a barrel. Notes and bonds. A 10-year note. Down 12.6. Straighten 117.22. The 30 off 19 at 137.28. The 10-year now is yielding 3%. Once again, folks, high in the last three months, I believe, you talk about the swing. Look at this swing. Swing's amazing. So the swing, we're 3.0. We had a low of 2.5, and we had a high of 3.4. That's in 90 days, folks. And King Dollar, that is on the move. Once again, it's going after it's high. King Dollar up 821.6 at 108.990. The euro is trading at 99.99 to 1. Get those euros, folks, to go to the Amafi Coast, man. You get the pound at 117. And the yen is trading at 137 to 1 US dollar. Let's get over to our man, Mr. Dave Mazza. Dave is the head of product and managing director at Direction Chairs, folks. And as you come over to our website at TFNN, hit that Direction banner. And it's going to bring you over, and you are going to see right when you hit that banner out here today, is that we have the Direction Daily Tesla bull, a 1.5, a bear, a 1 to 1. Dave Mazza, welcome back to TFNN. They happen to be back. OK, so let's talk about this Tesla, the 1.5 on the bull side, the 1 on the bear side, the two symbols, folks. OK, so the bull side is TSLL, the bear side is TSLS. So if you can walk us through, Dave, how these are going to work, that'd be awesome. Yeah, happen to do so. So we're really excited about the launch of TSLL and TSLS because they provide, on one hand, daily upside exposure, 1.5 times to the common shares of Tesla, and then conversely, an inverse exposure on the 1X side. Now, for those folks familiar with Direction's products, we know that they're really for tactical traders. You have to have the interest and ability to make buy, sell, and hold decisions on a daily basis. Yes. But they actually function exactly the same way. So TechL is a basket of S&P 500 technology stocks, SoxL, a basket of semiconductor stocks. The difference here is this is just one security. So it's definitely going to be more volatile. It's just a direct relationship with Tesla. But what we've found really encouraging, and these funds are barely a little over a week old, is really a lot of interest already. Maybe that's not a surprise. Really nice volume in TSLL. As folks are looking, especially we know the share split on Tesla's coming this week, looking to position for that to take advantage of the fact that shares have gotten beaten down, took that bounce back. And so we really encourage, again, for traders who are interested, have the ability to do that monitoring, put this in their toolkit. Because maybe you have an interest in Tesla, now you can express, again, for shorter term views, amplified exposure that might be easier than going out and using margin, or going to go try to price a call option or even a put option. I'm so glad you just brought that up, Dave, because that's my next question, because check this out, folks, this is really cool. So the Tesla's trading folks at $869. So if we look at the bull side, Dave, right, we started these off at a much lower price. So that means that a lot more people, listen, if you're not a trader, folks, don't trade these, OK? Because it's a daily deal. But for all of us that do, it's really cool, man, because you're talking about $24 versus like $800 and something dollars change. Yeah, so that's a big part of it, too, is that just to share price is more accessible to retail investors. So that's a big benefit. There's been a history of stock splits there, and at least on Tesla, that's a conversation for another day. But the idea here is that on one hand, it's been great. And some of the newer upstart brokerages don't offer margin. They don't offer options. Others do, and there's people that are dialing in right now that say, Dave, I know how to use options, and that's great. But many others, it can be complicated. It also can be costly. So that's why I think these, particularly the inverse, although the bull funds caught on more, can be really beneficial. Let's say you're a massive bull. Anything Elon Musk does is great. There's plenty of folks out there. But hey, I'm concerned about discerning season or I'm not sure if this month's production numbers are going to hit targets. I don't want to touch my long holdings. Maybe I've done really well. And I have a ton of embedded gains. But for that one or two day period, I can actually use TSLS to provide me that kind of delta neutral hedge to take advantage of and limit the potential downside that could come without impacting your long standing position and long term viewpoint on the stock. It's huge. It's huge. And what you also have, folks, is this. When we just brought up the option, so I'll pitch this. I just pulled up in In the Money 868. And the bottom line is it's going to cost you 5%. And I'm talking about expiration. Oh, well, that's the September 16. But the bottom line is it's $48 for an In the Money call. One. So the point's well taken, man, particularly that you know that there's plenty of people with longer range plans. And to be delta neutral just for that day is a huge deal. Delta neutral, folks, means you won't lose a win. It's going to be very close just to let the earnings event happen. Well, this is really exciting, Dave. It's a brave new world. There's no doubt about it. And we're going to be diving into it. You have a great one, a safe one. We look forward to speaking to you next week, Dave. Thank you, Jackson. Thank you. Stay right there, folks, to come right back. In a time of booming inflation, we are purchasing powers eroded. There's no better place to protect your harder and money than in gold. 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When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to, and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. Toll-free at 1-877-927-6648. Internationally at 727-873-7618. Welcome back, folks. The Dow Industrial is right down at 630. You get the Mazdaq off 316. S&Ps are off 90. Let's go inside. Well, yeah, no, let's look at the market first, okay? Because these are the two different places that, you know, Bottomline had brought up last week that I suspect were going. So the first one, we're at. The first one is the gap. And what we've got really interesting here coming into the close, and I'll show you this as soon as I finish this is, can this get some juice coming into the close? The second one is going to be where the sign of strength is that comes down on the 27th of July. And that's where we basically had an ABC structure up. We took off with volume. Okay, so now let's go look at the volumes that are coming in first in the NYSC. So what we have here is you're at, okay, there's going to be light volume in. So you've got 466 right now. It's going to say it's going to do a 657 or something, but that's tremendously light volume. Inside the Nasdaq composite, we are dealing with same deal, man. Okay, this is going to be kind of cool if I watch this. Okay, so now we go back to the spy. And what we're going to look at here is that the correlation, what we're going into. So your correlation, you did 47 million shares. We remember we hit a high with 59 million. You did 47. So you're coming into the gap at 44. You had 67. We're going to do about 57. You're not going to do the 67. On the first leg down, it's going to be hard to crack these numbers here, meaning at the 413 level. That's where we are inside it, because you can see the way this is set up, the bottom line, that was 69 million. You're going to do 57 million. Now, if we don't hold price at all, that is saying that this next leg is game and sitting, yeah, pretty quickly, okay? But I want to show you something intraday that I suspect we're going to have a little rally coming into the close. This is what it is. We take up the e-mini, okay? You take a look at it. This has been down all day long. No, not any bounce, but when you take a look at this, the last time that we actually had volume on the way down, it just kept pushing it way up here. That is 4,167. That's 27 points higher than we are. And you can see, it just kept lagging down, down, down, bottom line. So that is a shot to go to that level before we close. If we do that, let me pull up the MQs, so you can see the MQs and the MQs. If we do that, that's telling me that the first gap will hold at this particular point. We do the MQs, you're going to see the MQs right there. Last time, this is 13,021. So you're talking about, it'd be quite a run if that's who we did into close. But that was the last time that you also had volume on the way down. It just kept down, down, down. So we'll see where it shakes out. Because the correlation, the way the correlation goes is this. We came into the first area. If in fact, at the end of the day, if we have an expansion of volume, that is saying the second area is game, ASAP. If we reject the S&P at that level, and we do have a contraction of volume, if it looks like we're going to have a contraction of volume, then you're going to see this market pop once again, go after those highs once again, and we see where we go. It's a very nice market. There's no doubt about that, man. We'll see what this whole thing's going to shake up. So, inside the Dow Industries, let's take a look inside the Dow Industries, the strength versus the weakness out here today. What we have, everything's red. Let's see, so, putting the most negative points into it, Microsoft minus 51, Home Depot 51, Goldman 51, Salesforce 48, the strongest stock in the Dow Industries is Procter & Gamble and Verizon. Inside the NDX 100, the strength versus the weakness inside the NDX 100, you got Pindu Oddu up 4.5%, Baidu up 1.7, NetEase up 1.5, JD.com up 1.1. Now, those are all Chinese equities, every one of them. Take them down, Netflix, down 6%, Align Technology, down 5%, Booking.com off 5%, and Match.com off 4%. So, we got some numbers out there. Some of the higher volume equities in the market today, these poor people after these meme stocks, they're getting toasted, roasted, yeah, they're drenched out here today, man. AMC's down 7.5 dollars, trading 10.50, you get Bed-Back in the Beyond, but down 140 trading at 9.60, you can see both of those at the very top of the range, bottom line, that money's gone. Tommy brought a great point up this morning. This is what's pretty intense, right? Let me bring this up, because what had happened is this, is that Ryan Cohen, because he had so many shares, he had to tell the market what he was doing, right? So, the bottom line is that he told the market what he was doing when, you know, this was trading at 16 to 20 dollars, and it's amazing to me that, you know, I mean, I hope some people paid attention, but I know there's plenty of people that probably bought it over that, because the last couple of days it went higher than that, and of course, as soon as it got announced the next day, so first it was announced that he's selling into it, the next day, what does it do? Gap Town, $10. I mean, you know, pretty intense, man. I mean, just, yeah, it's, well, whole thing's pretty heavy. Now, let's go to the gold market, because this is so intriguing that the, if we go look at the GDX, and you still have Newmont and Barrack, which is the two largest weightings, you know, they basically have not performed, I know we get Barrack up a couple pennies today, which is huge. It's huge in the context of the dollar being at highs, yeah, it rejected, look at this, this is a classic, man, gold's going, man. It rejected lower price at $15.88, it's trading $16.17, you know, and that's with the dollar at all-time highs, now, not all-time highs, time highs for this year, that, so the way that sets up, that it looks to me, folks, is this, is that this dollar, you know, and now on top of this, you have the Jackson Hole meat, the Jackson Hole meat, and that's where the central banks get together, all over the world, this is the first one that's in-person, and the last, this is the first one in three years. So this is telling me, see this dollar up here? The high was 109.294. It's real possible that number one will test that, and I suspect if we do test it, bottom line, it's going to get rejected. The reason I'm saying that is that the gold market, okay, should be like down in a monster way, and it's not. So that's telling me that this dollar is going to back down again. It's also telling me that the spies kind of probably reject lower price right here. We've got another half hour to get a little bit higher. That's the way this seems to be setting up. You just put a couple of these things together and we'll see where this baby goes. Stay right there, folks, we'll come right back down. Down, down, 624, and as I go off, 360, three, excuse me, folks, 316, S&P's off, 89, we'll come right back. If you want to take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metal sector, as well as the markets that move gold, which is the currency and bond markets. New subscribers get a 30-day money back guarantee so you have nothing to lose. Every Monday morning I publish the Gold Report with coverage of gold, silver, bonds, the XAU, HUI, GDX, as well as more than 30 different mining equities. 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Watch online at tfnn.com or on tfnn's YouTube channel and become the investor you were born to be, tfnn, educating investors. tfnn is excited about our new software charting program, The Art of Timing the Trade Charts. In collaboration with Tom O'Brien and using his best-selling book, The Art of Timing the Trade, your ultimate trading mastery system, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, The Art of Timing the Trade Chart allows you to scan thousands of stocks for Fibonacci formation setups, including Gartleys, ABCs, Butterflies, and much more. 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. And right now, we're offering licenses 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 on the front page of tfnn.com. Welcome back, folks of Dow. Dow Industrial is down 647. You get the Nasdaq off 325. S&Ps are down 92. Let's go to our man, Jose in Lakeland. Jose, what's going on, brother? Salutations, Tom, from Lakeland. I'm putting on some spaghetti sauce here. It's almost done. I just, Bridget just made me, I just had some Marcella that was insane. I'm so psyched, yeah. That's good stuff. That's good stuff. Anytime you can get it. Is it? Tom, your calls have been so flawless. I'm afraid I'm gonna have to suspend all your future vacation days until next February. You can visit Bhopal India during monsoon season, next March. Yeah, and this is where we really gotta watch out. That's the bottom line, exactly. Need you on the desk, all tones. Hey, Tom, a follow up question from my last call. Your call on Disney last month, I believe, the stock was under 100. You said this one, 225. I believe you said that. And Bing Bang, boom, we were at 125. But my question is, when the stock was before, under 100, and I went out and purchased 30 call options, for example, the other side of my trade is the writer's seller taking in my premium. If he's using a Ouija board, and he's dumb money, and you're telling me you are ABC swing trading, says this is going to 125, I defy anybody to tell me that that isn't dumb money on the other side. No, watch what happens. The way that trade goes, this is how this trade goes. This is a great question, man. So watch how this trade goes. You and I, Jose, now where the market maker's there, you bought the call, right? This is what option market makers do, they're just so good at. Picture that you have a you, okay? An upside down you, make it a horseshoe. Just make it an upside down you, right? As soon as you did that, they either bought the stock, okay, and they'll make the spread on that. They try to stay delta neutral as much as they can, meaning that on the left-hand side of the horseshoe and the right-hand side of the horseshoe is the same deal. And what happens is that they can cover that immediately. Now, if they don't cover it immediately, those are the ones that used to, they used to take out on stretches at the CBOE, okay? But you don't see that happen as much anymore, meaning that they cover immediately. So we're not trading against them, they're either gonna cover that with stock, they're gonna cover that with another spread, they're gonna cover that with something to stay as delta neutral as they can, that's how that works. Oh, I thought I was trading against some guy in an igloo in June or a lot of other countries. Listen, I get, I know what you're saying, man, but that's how it works each and every day. And they'll still take some risk, okay? But they wanna stay as delta neutral as they can. So on each side of that you, okay? I remember being, when John and Jerry used to do a show on TFNN, him and his brother did one for, now him and Tom White, Tom, Tom, Tom Howell, because that's who the brokers they were working for. And so I was in his office for quite a bit for a couple of years then, back and forth. And I remember him, he would start the, all his traders off every day, and they'll beg you before the market open would be on the board, and they'd all know where they hung out from the night before, meaning where they had a cover, where they had to keep that to stay that. They wanna make the spread on all of these. That's what they're looking for, so. All right, I got you. Hey, Tom, I missed the opening growl. You said last Friday things could be deviant in the market and we could go to the next level, but now you're thinking we're gonna bounce here, we're down on light volume, because I went along some places. It depends on how we close here, because we're at the gap, we're right at it. I mean, we're literally four pennies at it. It's 412.75, we're 412.90. It has to reject it. So if it doesn't reject it, we'll go down to the next level, man. And what's that next level? The next level on the spy is 394 to 402. The day, Jose, is the 27th of July. That's the thing to keep your eye on. I got you. All right. Okay, man. Thank you. Have a great one, man. Have a safe one. 877-927-6648. We'll get, let's go over to these NQs again, just to look at them, because it's coming in for a test right now, and of that low that was generated like 20 minutes ago. See what they do with it. Okay, so we got, let's see, it's 334. You get four minutes into this. That first low had 9,200 contracts. It can blow it away, because this got 6,000 already. So this'll be cool to watch how this shakes out. That's in your NQs. We go into the E-minis, put this up, going into the same deal. We're going into 24,000 contracts. You've done 19. Now this is where this is gonna get cool, folks. Okay, so check this out. You know, I talk about this a lot when you're going after swing points, right? Now, because what we're gonna have here is this. We're gonna have higher volume on the 10-minute bar. Now, if this 10-minute bar cannot take out that low, on, it should take it out, because we know that the volume's already higher. And if it doesn't, that's gonna be a bullish position. That's gonna say, guess what? You're gonna try to go higher versus lower. This is how this shakes out, man. These bars, actually, you get a lot more out of them if they don't hit the swing and you get the expansion of volume. So we'll see where this whole thing's shaking out, because you still get four minutes left. You've already done 24,000 contracts and we're going into 24,000. So what it's done already is this. It's done the amount of volume to basically blow that away. Yet, that low that we're talking about is 41.33 and on this line down here, we just got the 41.35. And now you're at 41.40. So that's on your S&Ps. If we go over to the NQs, let's see if they're set up the same way. Put this one here. Okay, NQ, NQ. Okay, so we take a look at the NQ. Put this back. Okay, so the NQ, the low had 9,200 contracts. We've done 9,200. It got to 8.90 and that low is 8.88. And now we're at 9.10. Hey, we're gonna see. This is gonna be pretty cool watching this whole thing shake out, man. That's the bottom line. So let's go to John in New York. Hey, John, what's going on? Hi, Tom, how are you? I'm doing great, man, yourself? Okay, good. I'm going too early in two weeks. Oh, lucky you. What a great time, huh? 99 cents. You're doing great, so it's good exchange rate, right? Yeah, where about you're going? It's between Naples and Rome. Oh, that's beautiful. You ever hear of Monte Cassino? Oh, yeah, no, listen, man, that's the area that I'm familiar with. I've never made it higher than that, actually. Yeah, pretty cool, man. So. I'd like to look at Nugget. Okay. What price would you recommend buying it? So let's take a look. You got NUGT, Nugget folks is the 200% bull position inside of the GDX or the XAU or the HUI. So let's go over to the GDX because what has happened on the GDX is that in the bottom line, even with the dollar this high, the GDX is hanging on. Okay, so the low is established at 29 million where at 8 million. I'd buy it right here, man. That's, I mean, you know, you can put a stop underneath it. It doesn't get much better than this, meaning risk reward because the high volume low that you have on the is 24.37. We hit 24.87 today. Yeah, just stay right there. We had a quick break. We'll be coming right back. iPhone number's 877-927-6648. We have the dial. Dows down at 630, NASDAQ's off 324, S&P's off 91. We'll come right back. Vista Gold owns and operates the largest undeveloped gold project in Australia, the Mount Todd Gold Project. Vista Gold just completed their feasibility study resulting in a 7 million ounce gold reserve. Vista Gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing an accretive transaction. Vista Gold trades on the NYSE American and TSX under the ticker symbol VGZ. Vista Gold executing a strategy to create shareholder value. 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. 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Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Welcome back, folks. So now it's down 666, and as it's off 336, S&Ps are off 94. We're talking with John and we're talking about the Nugget folks, okay? So John, let's go, what I wanna do here, you know, you get Newmont and Barrick, okay, which are the two biggest weightings, right? So Newmont, you get Smoke Beyond Belief. Now that being said, what happens here today is that Newmont got the 42.88, you know, it has to get above 44 and we're at 43.66 right now. It doesn't look to me like there's any more sellers in Newmont. That's the bottom line, you know, because the way this is set up right now, you can see the contraction is pretty amazing. I mean, you're talking about 4.7 million today. Friday we did 8 million and, you know, we were going into 36. So that's telling me that you don't have sellers, we don't have buyers yet, but having those sellers is a good start, okay? If we look at Barrick, bottom line, I'm surprised this, I own this and I'm still surprised that this worked out like this today, you know? Barrick has a gap at 15.61 and it didn't fill it. It went to 15.88 and rejected the lower price, that's light of volume, so, and then it has volume up at 16.78. So the way that sets up is telling me that wants higher price, man. So I think this is not a bad entry point for the nugget, particularly because, you know, you're just gonna put your stop right into it. Don't give this breathing room, man. There's no reason to give it breathing room, do you know what I'm saying? Yeah. Yeah. Cookin', brother. Thank you. Have a great one, man, have a safe one. Okay, so let's get over to the indices again because I believe they're blowin' out the lows right now. We take a look at the NASDAQ first and the NASDAQ is down free 82 and we just made a new low. So the first low was 8.88 and we hit 8.84. And you can see what happened here. This is kind of intriguing. The first, the 10-minute body we were talkin' about didn't get to the low. So this is still kind of, you know, in game and we'll see what this one does. So that number there, the 12,888, is somethin' to keep your eye on. As is, and we go over, let's look at these E-mini. I mean, E-mini's so close to, you know, being down 100 points anyway. It's like, you know, if we call, man, Mr. Basil Chapman up, he's gonna say, yeah, it's gonna go to an even deal, man. I mean, that's just kind of how it likes to trade. So you're down 99 points right now. Same thing happened here, you know, you didn't have volume before the, look at that one, he opened this up. This is pretty cool, actually. So, picture this, you came down with 38,000 contracts, didn't break the low. The low had 24,000. Now we broke the low and we already have 24,000. And that's only at five minutes. So we'll see how this baby shakes out of, has it hit 31, 50? Yeah, so we got it down 100. It was down 100, it was barely down 100 and, you know, trying to make its way back. Let's go into the indices for a second. So, indices-wise, yes, he is still shot volume, man. See this 504? What we did do on Friday is this. You had an expansion of volume, which totally makes sense because of the aspect of option exploration. I know what we wanna do. This is what we wanna do, one second. I gotta go, we wanna go back. I wanna see what else this is going into besides that gap, not besides the gap. I wanna see right here. So the gap, this is the day we actually wanna look at. What's that, the third? Is that August? August 3rd? Yeah, August 3rd. Okay, August 3rd, 4th and 5th. What we're looking for is this. MV, we wanna see what the volume's at August 3rd, 4th and 5th. So, 3rd, 4th and 5th. Okay, so this is gonna be shot. You know, if it doesn't hold price, that means lower you go. But the bottom line is that what you have right here, you can see this. The 3rd, we did 899 million. The 4th, 912 and the 5th, not 858. And that's shot volume. So you need both. You need lighter volume and the rejection of lower price. Now, let's go into the composite, the Nasdaq composite, 3rd, 4th and 5th. Look at the same thing. 3rd is 5.6 billion, 5.3 billion, 4.8, you're only at 3.5, yeah. Bottom line is that that's telling me that you aren't gonna go directly down to that second spot. Because the reality is that you don't have enough sellers at this particular point. You know, if we do reject lower price, it'd be easier to basically, you know, say that, okay, that'll happen right now. Let's go to the XAU and the HUI inside the gold market because there's no doubt that with the dollar still at highs, bottom line is that this is, you know, they've rejected lower price out here. And what we're gonna see, first we'll do the XAU. What you're gonna see inside the XAU here is that we had volume on Friday. So Friday, we did 33 million. You're going into 35 million. You're going into 44 million. Today's gonna be less. So this is, this is a setup. This is gonna be so deviant. It's the same, man, HUI. Because this is telling me, and we'll see what shakes out, but this setup here is telling me there's gonna be a turn in the market here. The reason I'm saying that is that it's actually blowing my mind that these golds aren't like just really, that they just didn't really take us to the cleanest this morning. Because, so look at this. Let me see this for a second. Okay, so we had on Friday inside of the Gold Bugs Index. We did 25 million. You're going into 27 million and 30 million. I rejected lower price out here. It's gonna have really light volume today, man. So my point is this, is that when you look at the broad market, we know we're getting the pullback. We're expecting a pullback because bottom line is that the acceleration up was pretty dramatic. But because of the way that the doll is at highs and gold's not moving, meaning getting really crushed. Actually, let's go look at the contract. Because the contract also had, see this is interesting, man. So check this out, folks. The contract at 7.30 this morning, because I remember this so well, already had 79,000 contracts. Well, we're only at 135,000 contracts, man. That at 79, at 7.30 in the morning, I expected this contract was gonna have like 250,000 contracts. And guess what, you're only at 135. So the 135 is going into your strength from the 27th. June 27th, that's where all of these were coming into strength. That's how we had got off the low the last time. So the way that seems to be set up, again, I'm gonna go back to the dollar. I'm gonna go back to the aspect that I don't think that doll's gonna hold the highs. And if the dollar doesn't hold the highs, it will give gold breathing room and the market breathing room. Let's go take a look at the oil contract. So we gotta, let's see, where's that active contract? Okay, so we take a look at the oil contract out here. This is the active contract. This is interesting, because this rejected lower prices. And there's no one trading futures out here, evidently, in the soft market. Well, let me see this. Let me go to, actually, you wanted to look at the XLE too. So as we come back, we'll look at the XLE. Stay right there, folks, we'll come right back. We have the Dow. The Dow industry is right now trading down 633. And ASX off at 327, SAP's off 91. We'll come right back. Technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. 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Go to tfnn.com and hit Watch Tiger TV. That's tfnn.com and hit Watch Tiger TV. Welcome back, folks. Let's go take a look at the XLE out here for a couple of the targets. So the XLE right now, we... Okay, so you're at 79, 26. Take this swing out. Looks like it's building cause. Committee for higher price. But this on a weekly for a second. That week, yeah, 146 million, 109 million. Yeah, this is gonna try to make it through that big downdraft out there. That's how it looks right now. And if we go back to the oil market, it's intriguing, you got the Saudi oil minister out there saying that the lack of liquidity and the futures market is giving them a hard time and they may be forced to cut production. You can see this. This is intriguing, man. When I just brought this, I didn't realize, I had to look again to make sure I had the live contract up, meaning, but the bottom line is that no one's trading oil, man. Look at this. You only got 13,000 contracts out here today. So we'll see where the whole rest of it shakes out. Broad market wise, let's go take a look at this and see where we're gonna stand out here. So in the industry volume, inside the NYSE first, we are at, it's chat volume, man, the 539. This is the same, we're gonna bounce. In the Qs, same deal, at 3.7. So, you know, you very well could get a little turnaround Tuesday out here. And so what's gonna be intriguing on this is that, okay, so now we know that we'll come down with lighter volume. My take, that you'll get a smaller bounce, why? Because before it goes down to the 50% retracement. The bounce is gonna be really important because if the bounce is on a contraction of volume versus what we just came down on, well, that's gonna be an ABC structure down into that SPX of, I believe, July 14th. That's the day I'm looking at, I think. That's the breakout day, which is also 50% retracement. July 27th, that's how the baby's shaking out. Always remember, folks, to back and claw your hideout, the bull can run you over, and thank God, there's always another trade. Health happens in prosperity. Have a great night, folks, have a safe night. Come back and visit Tommy tomorrow morning, kicks us off, nine o'clock in the morning, great show, folks. Woo, yeah, look at him, folks.