 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. Hi everyone. Basil Chapman on this Thursday, the 10th of March. We're looking at the Tiger Technicians Hour. We're looking at the Dowdown 173 at $33,117. The S&P is down, let's see, $33 at $42,44. The QQQ is down $5.25 at $329.72. IWM Russell 2000, that's a small caps, down $187 and $198.39. You're looking at gold. The reason why I'm going through these right now. Gold is up. It's up $13. That's good. It's holding really well above the nine-period moving average. But on a purely technical basis, we had said about a day or two ago that they're laying up that spiked to the 2078-ish area. There should be some consolidation. That's got nothing to do with whether or not there's the icon of gold being a fear, a visual fear factor, geopolitically that is. What's keeping it up? Well, of course, the tensions around the world. We're looking at silver. Silver right now is trading up $0.46 at $0.2628. Also pulled back quite sharply from the 2750 something. 2749.5, almost 27.49. Off, but it's holding the nine-period moving average. You're looking at high-grade copper. Between the 14 and the nine-period expansion, moving average is still green. But it has pulled back quite sharply from the 5.02-ish level. We're at 4.64, up 0.07. We're looking at crude oil. Crude oil is up $1.88 at $110.56. All of these, Larry Perzevento, his story was scratchy yesterday, and today I think he's got a bad throat. So I just reconfigured all my whatever I was going to be doing after my show, and I will be doing his show. And I think what I'd like to do, I'd like to do for myself, in fact, I want to go through all the different commodities based on the Chapman wave with the daily, weekly, monthly charts, so we'll get to that. And I'll just tell you that in the crude oil, just on a purely technical basis, 102 to 98 should be key support. If it starts to pull back, something else is going on in the Russia-Ukraine situation. But in the meantime, just on a technical basis, there should be some digestive phase. We're looking at this is, the reason why I wanted to run through all these different, the preamble to my show itself, I usually like to go through all the different indices and key metrics that we're looking at in the different ETFs, et cetera. This is the most important for me. When Tommy O'Brien, and folks, if you want to really listen to a show that puts together fabulously the fundamentals and the technicals, Tommy O'Brien's market kickoff at 9 a.m. Eastern Time Fabulous Show. He was having some technical trouble yesterday, and I'd already done quite a bit of work, so I was able just to jump in. I had the pleasure of interviewing Teddy Kegstad, which Tommy usually does. And in that, I was saying to Teddy, we had made a fantastic call. Over a year ago, to say crude oil was going to 100, and just about a month ago he said, I think it's going even higher. Obviously, beautifully correct there. What I had said was, if I was looking at the monthly chart of bonds, we had moved over to bonds, the arch formation in the pattern that I call the dreaded H, and that's why I wanted to spend a little time on Larry's show talking about some of these things that have occurred, which are really important market-wide. So the pattern we're looking at is, come straight-line down, then you make an arch formation at either a peak A or a B. The first or second peak, you turn around and you start to roll over. If you take out the low on the left side, that can evolve into a very serious decline if it doesn't hold well. The Dow held the other day. The QQQ held by fractionally touching the left side low. The S&P didn't get to the low. That's the reason why I thought there was a chance now that we could have a lowercase H that goes to a lowercase M formation in the daily charts. But look at this. You see that move? Look, there's your first dreaded H in the bonds. I better check because this is a continuous contract. It gets smoothed out. So the high of March of 2020 was 179.70. Oh, let's say the same. So that is the exact number. It comes down to about 155, was it? 153 in June, pops up for two bars. That's two months. A minus because it fails and goes for the generate, takes out the left side low and then has almost a greater than a one to one to the downside. Goes to 133.19, rallies up to the most recent dive, 155.12. And then what does it do? It turns over and I'd say to Teddy, are we looking at, what are we looking at? Oh, was it the Euro, EUR, USD? Yes. Are we looking at the same sort of thing? That if Euro rolls over and starts to take out key support, maybe 1.08, it could go quickly to test the left side low of March of 2020 of 1.063. This is a EUR dollar currency pair. So I said, the way I'm looking at it looks to me like, and we were up at about 137 or something. So it looks to me like the bonds could in fact roll over and take out that left side low of 133.19. Well, today's low is 134.06. Oh, I put in PC. We can't do that at a trough seat. Can't do that just yet. So let me get rid of that. Let me get rid of that. And that's where it looks like we're headed there. Look, look at the pace in the monthly chart of that roll over on the right side. This is the quadrant. And this quadrant of the ellipse or the arch formation is accelerating. And it was the thing I was fearing most on, what are we, Thursday, on Tuesday that instead of holding when I was being interviewed by Tom about 3.20, I said, I'm watching this right side low, because if it stops here, that's really important. You could have a pretty decent rally. But if it keeps going, we will attack the dowels, what was it, 32.272 or left side low. Well, this is the same pattern. And we're already at 134.21. We just fraction over a point away from the left side low. And that is just saying to us that bonds, if you go to the TNX, this is the 10-year yield. Look at this. Look at that move up. It's at 20.02, 2.002. The last high was 2.5 something, 2.5, we're going to put it in. 2.06. Huh, this is quite something. And the monthly chart looks like it's turning up. You're able to go to a higher high. I'll be back, buzzer chopping dowels down to 186. We'll be right back. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago 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 That's right. Information. Having all the information gives us the perspective we need to place the right trades at the right time. The TAS Profile Scanner is the premier market-profile-based scanner. Powered by its acclaimed TAS proprietary algorithms, this feature-rich scanner instantly filters over 2,500-plus global financial markets, such as stocks, ETFs, commodities, futures, and forex. This powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades before they happen. For a limited time, you can save $100 off your first month by using the promo code UPGRADE, and you still get a 30-day money-back guarantee so you have nothing to risk. Level the playing field with the TAS Profile Scanner, which you can find under the Services tab at TFNN.com. Sign up today! 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. Educating Investors Free at 1-877-927-6648 Internationally at 727-873-7618 For those Basel Chapters, this is the Tiger Communications Hour. I had a question when I look at the... I'm going to see if I can do this now. The two-minute chart of Chevron, A, B, C in the Chapman Wave, where are we the question was? Peak, E, I've got... Peak, E, and now we're pulling back on the two-minute chart. No, you just missed the Chevron Wave instant restart. It doesn't matter, it was the same thing, because there's a down arrow and then an up arrow. Now, I don't see that one penny moves as easily, yeah, as if it's a quarter of a point, like the S&P, E-mini. But anyway, Peak, E, and its pullback from the height that was made of 173.87. If the 9-beauty moving average across is negative, 170.10 to 169.30 would be the next key support level. Okay, but what I really wanted to show you is using the Chapman Wave methodology. Here we go. This is... Let me just... I've got it all notated. I can't really trade at the same time, unfortunately. But I'll be doing this by using Tri, but today was just too many things going on. So I wanted to show you patterns. And the patterns I'm talking about in the monthly chart, there's no difference here in the daily. There's no difference to the one-minute chart. Look, let me show you this. You see this E-mini? It could be anything. It just happens to be the E-mini. We go to a trough at about 8.10 this morning, around about 4.22, let's say. And then it starts to move up as the MACD goes up and the stochastic goes up. And what do we get? We get A peak B peak C peak D and the Chapman Wave methodology. I'll just show you this because we always have new people coming in. In the Chapman Wave methodology, we try to identify the lowest low and then we count each successively peak. We alphabetize them. Basically, I'm grading each peak. So what happens is it starts off as a buy signal after the low is made and certain conditions are met. And that buy signal, you want to see upgraded to a buy mode and that implies that it should go to at least a D. It could go E, F and G or it could recycle to the Chapman Wave. Instant restart, Chapman Wave, flat base restart, a whole bunch of things. It doesn't matter. The objective is to get you a D and then we reassess. So, and it's as simple as that. There's nothing more complex than that except your obligation is to count each successively higher peak and trough. So, within this context, look how many As we had. We had A, parallel high, parallel high, then a lower high, then a parallel high. So we had four As that didn't take out the left side low and then we went to B, C and D. Pulls back, goes to E and I drawn in the smaller rectangle. I made this bigger as I was doing more work on it this morning and then I got the big rectangle from the large rectangle can have a whole series of higher highs and higher lows as it starts the stair step move going back to the previous high and that was the rule of thumb there. So, the previous high was at 8.35 this morning, 42, 47.00 around number high, pulls back sharp to the 42, 20-ish area and then what does it do? It breaks above the rectangle and goes to this dojo candle. I could have called it an F, but it broke out so nicely and the 9 was still over the 14. I decided I'd call it a B. And then I was busy, busy, busy because of my doing the show and all that and look what happened here. We had an inside peak A, peak B, peak C, peak D very quick, one bar rest, new high, one bar rest, new high and underneath the previous high and then what does it do? It goes all the way to the 42, 55 was at 56, 42 56.25 level of 10, 20. Now it's pulling back but still walking the 9 and 14 period exponential moving averages at this particular time. So, one of the things that I said to subscribers, why we went along certain positions yesterday and one of them I said this is for everybody one was for traders, one was just because we had no idea, we still have no idea where it's going to go to on the upside was because the risk reward said that if certain conditions were met right now under these horrendous conditions internationally and I'm talking about, now I'm talking about humanitarian, usually I'm talking about just we try to talk about it market-wise, but here I'm talking about humanitarian and I just want to add I had spoken about this a while back I said why, a couple of days ago, why on earth aren't we sending hundreds and hundreds of thousands of drones? Why can't we send drones? Why can't the drones go over those tanks that are all that equipment, 40 mile long equipment, just bam, bam, bam, bam, bam, finishing them off? I mean you don't even need anything you don't need fighter planes anymore because of the cleverness and the brilliance of the way people are able to use drones I've got that out the way and not only that I need to also add, television changes everything and if you can see war up close it creates a guilt that these people are going under such duress and here we are we're just sitting and watching it eating something at the same time I mean, wow all I can say is every administration around the world at this particular point has to be saying we've got to do something so at least it looks good I mean if nothing else but on the humanitarian side how can we do nothing? It's just pathetic anyway so what we're looking at here is that the TNX has rallied this is the tenure yield and a lot of the loans are based on the tenure yield it hasn't broken to the upside yet and bonds are close to breaking to the downside so that just says to me that no matter what the Fed says they have no choice because normally under these conditions we just flood into the safety of bonds as stocks go down we're not seeing that at all we're seeing in fact money go out of bonds go out of stocks and start going more into commodities etc but even there the commodities right now I'll probably say gold is one of the as a fear factor icon that's probably one of the better places at this particular stage but in the meantime back at the ranch there's something very important because that monthly chart is only getting stronger look the stochastic is finally at 83% in the monthly chart the magnet is rising the histogram is flattening out it's not sliding it's not gaming yet there's a month early in the month not even halfway through the month but the history and the vertical lines the 0% line at 1.05 it's really very strong moving up you cannot ignore and that's the reason why I'm saying that the Fed is really caught but don't we always say this we used to joke about it because it was Iraq IRAQ we used to say the Fed caught between Iraq and a hot place now what we're looking at decades later what we're looking at is the Fed is really stuck between conditions of inflation that are just staring them in the face anybody who's been to a supermarket lately anybody who's filled up with gas you know I don't know why we haven't opened the spigots I mean just say you can open the spigots at least but do something enough for that we're going to go back to the markets and now I want to talk about just briefly we've got two real where is it now having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with become an apex predator in the trading markets and join the Tigers Den trading room only at tfnn.com the Tigers Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas join the Den and surround yourself with the sharpest minds in the trading world subscribers to the Tigers Den are also generous to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows interact with other Tigers and Tigers as they share trading ideas news analysis and discuss the market action all trading day subscribe to the Tigers Den risk free with our 30 day money back guarantee and become part of the tfnn trading community tfnn educating investors you could be making money off the stock market and if you're already making money off the stock market you could be making a lot more check out tfnn and Tiger TD and get expert investing advice to give you the power to control your financial future go to tfnn.com and find the newsletter for you whether you're into trading gold, metals futures, currencies or options you'll get advice and analysis to help you seriously get ahead tfnn also features trading services with a 30 day money back guarantee for new subscribers as well as tfnn's Tiger Den trading room trading software and educational webinars for all trading levels and make sure you check out Tiger TD for free on tfnn.com or tfnn's youtube channel for live financial content from 8.30am to 4pm eastern on market days stop watching on the sidelines while other people get rich 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 charts allows you to scan thousands of stocks for Fibonacci formation setups including guardleaf, ABCs, butterflies and much more the art of timing the trade charts 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 going to love this new charted 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 I'm going to go back and we're going to go straight to Brent Brent I'm sorry I didn't see that you were cold I hope you haven't been waiting too long how are you I'm doing great that was not a problem I was just listening to your analysis which I enjoy listening to you so yesterday we're looking at THOR as THO is a symbol it's thought industries RV recreational vehicles and Brent had a position in that and we were looking at and I mentioned that there were certain levels that I was looking because this is one that is consistently under all conditions failed to hold rallies it's made lower lows lower highs in every time frame and if ever the left side low that held the arch formation that this time that was three days ago had held the left side low this is the moment that it needed actually introduced speed is really important here it needs to move very quickly to the upside and it's in the area that so far from my perspective what I've been looking at was the whole recreational side of the comeback kid for outdoor activities and recreation this was right in the sweet spot of that category and it should be doing very well and today it's down 237 and 84 point 90 so and it didn't do well yesterday for the moment we spoke it just kind of stalled and then it closed towards the low of the day so what is your position now I just wanted to let you know I don't know that I necessarily made it clear exactly what I do with these I was actually yesterday probably not too long after we talked so I looked at the time stand so I got in it has it on eastern time so I got in at 9.57 and was out at 10.57 7.57 my time so exactly an hour and I got in at 2.50 on the calls there were the 90 calls for you know the monthly ones the March 18 calls and then I I sold them at 4.25 so when I looked at it I was like a 70% gain for about an hour so I don't hang around in these things when I get what I want I've been watching it pre-market and it had gotten up to that level around 91 and so I bought in it was about 87 and change and I got out at 91 change so that's all I wanted it to do got out and then I just now kind of move on to other things I was watching it today and I was hoping because I know that you you have a plan but you always have a backup plan to say if such and such does happen this is what I want to do even if the time is quicker than I was expecting or if it starts to fail this is what I want to do so I was hoping that you had at least you know got got rid of some of the position but that's congratulations you did very nicely so what I would say to you is I would keep it on my list but I don't think under the circumstances that I'm looking at right now it just doesn't seem to want to participate because it would give you clues that it's suddenly in the sweet spot of what fund managers are looking at and what would happen is every pullback would be met with buying it would slowly creep to the upside and if there was another sell-off it would be higher than the previous one and then it would go a little higher so I haven't seen anything like that with this at least since we spoke yesterday but keep it on the list because within the context of spring coming now of course this is probably to do with I'm not even sure with a lot of most of their sales are winter or summer I'm suspecting that it's probably spring-summer is where they do better or that's where they use the most but that would be a not just a clue to though industries and recreational vehicles it would probably be a clue to what's going on outdoors and remember the only other thing I said is I'm not sure if these are the people that would be affected by higher gasoline prices because it's a fun thing to do and you just account for it or you just you go there for a shorter period of time or whatever it is but this is saying that everything is working against it at the moment but I'm going to do once again I did that yesterday I'll do it again 6 which is 6 flags entertainment is down 17 cents at 39.40 I probably would say to you it's in the lower range of the rectangle formation from here from the 36 level is where it should bounce and it did bounce yesterday and bouncing off the load today but it's still down I probably put the two together maybe I shouldn't but kind of in my thinking here I put the two together and if 6 flags entertainment starts to trade it's at 39 right now 39.40 at any time in the next 2 weeks I give it a little bit of time starts to trade in the 42.80 to 43 now actually I'd say 43.10 to 43.80 area that would be assigned to say hey maybe things are maybe the activity outdoors is being represented by this and I'd probably say that I'd put the two together and see if Thor can finally break the pattern of lower highs and low lows and instead make a higher high because even if it goes above yesterday's high that'll be the start of saying whoops this is a nice turnaround because it's starting to make a higher lows and higher highs but that's kind of the way I think about it but thanks for bringing it to our attention congratulations that you did the trade very well but I that monthly charts is and the weekly and the monthly charts are saying it needs a lot more in fact it needs 3 weeks of holding above I would say 3 weeks of holding above 97 to 100 testing 100 to say ah finally it's changing the course of its weekly chart from low lows and lower highs to at least higher lows and maybe higher highs I hope that helps you it does yeah I think the key for me was just being as nimble as possible and I was just looking while I was listening to you and I was on hold I did a trade it was a little on the GLD and I bought it like 10.09 and I sold it at 10.20 so whatever that's like you know about 12 minutes and it went from I bought it 74 cents and sold it at about 10 so I just these are the things I just do them kind of quick I don't you know what I get what I wanted to sell it make a little money just move on to the next thing so I think that's the key you can't get too comfortable and stuff is sitting there you know especially with options you got to be fast you got to be fast but I have to congratulate you because that 200 period moving average in the one minute chart on the GLD was resistance but it's holding above the it's got the green nine period exponential moving average and I suspect that it's just about in leg this is leg D this is about to have a bit of a breather so you got hey what nice timing congratulations that's that's great to hear congratulations all right very nice action so it's a pleasure talking with you and I really appreciate your time just have yourself a great day and a great rest of your week we'll talk to you soon and I must say if I'm busy talking training maybe that's the inspiration because you were playing something completely different to THL congratulations speak to you soon take care Basil folks the dollar is now down $290 as it is down to $48 this is a real struggle and what we're looking at that peak either we were talking about a little moment ago at about $10 $19 $25 $45 are you in the market for buying or selling real estate in the Bay Area including the surrounding St. Petersburg Tampa and Clearwater markets Tiger Real Estate LLC is a firm that has 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 up and coming areas to the type of cash flow investment properties are capable of creating Tiger Real Estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future call Tiger Real Estate LLC today at 727 329 8322 or email Tiger at tfnn.com that's 727 329 8322 call us today the technology around us is changing every day with so much happening it can seem impossible to keep up with all the information David White's investment newsletter the technology insider is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future David White has made his living staying on the cutting edge of technology the newsletter will give you specific recommendations for value tech stocks as well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every Friday with updates throughout the week you can get the technology insider at tfnn.com for only $37.50 sign up for David's newsletter the technology insider and get an inside look at everything the technology sector has to offer try at risk free today with our 30 day money back guarantee 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 and p biotech three times bull and bear ETFs visit directioninvestments.com biotech today an investor should consider the investment objectives risks charges and expenses of the direction chairs carefully before investing the prospectus and summary prospectus contain this and other information about direction chairs to obtain a prospectus or summary prospectus please contact direction chairs 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 distributor four side fund services and Erica do not forget you can listen to tfnn live on your mobile device 24 hours per day tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv back down to size 237 263 we're looking at bank of America so what I discussed with subscribers because we've had bank of america since of last year. This is one of those, we used to have General Motors every year we'd have General Motors for a little bit and then get out of it. And then I switched to Bank of America. We've done that for years, we've had it. This is a longest period. I actually waited to get in. We finally got into 31.18 February 2021, so it's over a year ago. And we've taken a little bit off all the way up. It hit 50.08. But now we've taken a lot more. Reason being that the financials have a couple of aspects here that one side is positive, the other side is negative. The positive is that yields, when yields go higher, it kind of favors some part of the bank's portfolio and that usually helps. It's not 100% accurate, but that's the way I like to do it. I always thought Bank of America is good because it's got the other aspect, it's got the Merrill Lynch part of it, or the Merrill they say, which is the brokerage side of it. I think that's a positive looking out. But most importantly, 38.36 was the low of September the 20th, 2021. It ran up beautifully to peak F top at 48.69, not about the 3rd of November. It comes back down to a recycled trough D. That was about around about the 20th or 19th of December. And then it has a beautiful peak, A peak, B peak, C peak, D, the 4th IS peak at 50.08 on the 10th of January comes tumbling down to 42.59 above the 200 period moving average, but below the left side low of around about the 19th of December. And within two days, it's back above it, and it has a really good rally. And the rule of thumb is that when the arch formation goes below the left side low, it can run. This is a full buy signal that goes to a buy mode. It's probably only going to go rally to a resistance level above or a gap or a dojo candle. But this went all the way back in a V shaped pattern. That's what we're looking at to test. And I've discussed this over and over again. So many charts have gone back to the previous highs, whether it was yearly weekly or daily and then reversed. And what did it do? 50.08 was Bank of America's high on the 10th of January. Eight points down. It goes to 42.59. Within two weeks, rallies back up and goes to where 50.11. What I like to do is to check. I go vertically like this. I take my note. You can do you need all these notes. You don't need not you don't need anything. You just need the vertical line. And you can do this printed in a piece of paper and draw it. And you say, What will the technicals doing on the 10th of January? That's either positive or negative to the high that was made on the round about the eighth or so of February. Well, this MACD did rally, but it was lower than it was back on the 10th of January. The stochastic ran up above 80%. And almost immediately in fact on that date was already about to cross negative. It was a red candle. The on balance volume wasn't anywhere close as high as it was back at the high of January 10th. And that was a signal to say, Be careful. One of the reasons why we took a little bit off to glue off the other day. And now what we're looking at is the beautiful arch for this is the lowercase h that goes to lowercase m successfully. In fact, the double m and then fails and takes out all the left side lows are important. So all the way down the 42 area. And what does it do? Three days ago, it goes to 38.21. 38.21 is just below the 38.36. It's the exact reverse of what happened on the upside. The only difference now is that the weight of the move down and the speed and the momentum to go to this trough D went to a peak D on the upside. Trough D on the downside is saying that unless and now you need speed, the same speed on the upside of the downside, you need to continue that speed. Because if it stalls, instead of having a pretty decent bounce, it's still twice now at the 41.44, 41.41, 9 periods for a pink 9 negative 9 period moving average and the 14 is a 42.36 by Tuesday. I'm going to give it a full half day today, Friday, Monday, and during my show Tuesday. So it's like three sessions. Let's say it needs a very before fall. Let's call it a call today a session for sessions. It needs to get and touch 42.30s. It doesn't even break it but it just has to touch it to say, no, no, no, you got me wrong. I do have some internal strength. But if you put it in the context of momentum, look at this move to the right side that and I had a chat with inside wedge target resistance line that it went below in a shorter period of time. And now it's gone above. And that's just saying, be careful because if Bank of America and this I think is one of the better banks, I mean, this is real quickly. If you want to compare it to JP Morgan, JP Morgan, it's just making absolutely considerable into a peak D in the last rally and it's plunged. It's down to 132 level. It hit 126, I think of seven just three days ago. That is a horrible look at the in the right. You can see just right here. So the XLF the question was XLF. How's it doing? And my answer is, I think that the financials are having a problem here for a number of reasons. And we might just find that in fact, it's Russia related. And Goldman Sachs said they're getting out. Is that what they said? This is a very negative chart formation, trying to form some kind of a base just below the left side low of 300 in this call about 320. It's trading right now 328 having gone to the 318 level just the other day. This is not good. So I'm saying this is part of the whole portfolio of things that I'm looking at. And when I get when I am, I will have a chance, I believe to do. Yes, I will. I'll be able to do Larry show because Larry's voice kind of conked in and he's not able to do his show. And I said, you know what? There are so many things I want to look at. I want to go through the grains. I want to go through platinum palladium. I want to go through just based on the Chapman wave methodology daily weekly and monthly charts to just show you here week. This is Chapman wave Roman candle that I discussed. I said this particular I was discussing it with Tom in the interview on Tuesday. And then I completely forgot I was about to do like we moved to another thing that this candle isn't just a perfect Chapman wave Roman candle. And then if we were trading for a shorter time period halfway into the week of 1238, there's a real good chance within two days with test and break the left side law. Well, we did that. And now we just got 1910. So that's the patent. I want to talk about all these things. And I'll do that during Larry show. Me time we've got Amazon. Amazon talks about a split. And it's up 136 at 2921. It's making lower lows and lower highs. That's a problem put together with the financials that I think are under pressure. This is a tough market. Believe me, I'll be back in a moment. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority and technical market analysis. And it's not just dry tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN YouTube channel with Tiger TV live every market day from 830am to 4pm 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. 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 and 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. Are you looking for a secured investment which pays you on a monthly basis? The Tiger First Mortgage Program may be the program for you. The best rate on a five year CD in the country right now according to Bankrate.com is paying 1% per year or $1,000 per 100,000 invested. The Tiger First Mortgage Program pays 7% per year, paid monthly, on secured, high value, billable properties in St. Petersburg, Florida. The investment is for four years, paying 7% per year or $7,000 per 100,000 invested. Your investment is secured by high value real estate in St. Petersburg, Florida. Your investment can be anywhere from 100,000 to 500,000. Do you want to make 1000 per year on 100,000 dollars invested or 7,000 per year on a secured Tiger First Mortgage? The Tiger First Mortgage Program may be just the program for you. The Tiger First Mortgage Program pays 7% per year, paid monthly. For more information, you can call 877-518-9190. That's 877-518-9190. 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 TFN.com. So, in this little final section, we've got, before I actually do Larry's program coming up, we're going to be looking at, let me just do this. Look, in the financial sector, I was just talking about the Blackstone Group, which is financial sector mergers and acquisitions has held really well. It is a dreaded H in the potential, in the weekly chart, but look at that. That is so different to BlackRock also in the financial area. BlackRock trading down from a high that was made up in the nine, say, 60s, trading it right now at 688, a completely different pattern. So, even in financials, you can get very differing different chart formations. So, that's what I want to mention. The other thing I wanted to do is IYT. IYT is the Transportation Index holding, even now, holding quite well down 17, says it's 252. But if you look at DSX, which is in the shipping area, there's a Diana shipping, it's near, it's recent highs. So, the whole area of shipping and products being shipped is still very important in context. Therefore, if you're looking at, say, a CSX, which is the rails, pulling back today and certainly after three days, or four days ago, being hitting about the 38, 60 area, trading now 33 down, what is it, 12%, a rate of 13. This is saying that although CSX is close to its highs, it's being impacted everything's being impacted. So, what I am saying is just be really careful out there. So, we've just very selectively gone long, we've really had longs, but more trades than anything else. Most importantly, we're going to be talking about when I get back for Larry Show, we'll talk, so many people have asked us, asked me, where would you, if you've gotten out of gold, or at least have got out quite a bit and you want to get back in the GLD, where would you re-enter? So, I'll talk about a bunch of things like that. I know what you can do Larry Show, and you Larry can do it as well as he does, of course. I will do my best, we'll be back in a moment for the, uh, change what you see, Larry Presidento's show, I'm wrapping up, pack the dishes out, check out the other people that use that are the best.