 trade what you see with Larry Pezzavento call now toll free at 1-877-927-6648 or internationally at 727-873-7618 now Larry Pezzavento okay folks I posted a picture here of Jimmy 20 men that was taken on Monday the 13th no Monday the 12th and then of course he was gone on Valentine's Day so that's how quickly it comes and goes folks so live every day in an attitude of gratitude and may God bless that's the bottom line now he's gonna be missed by a whole lot of people all right let's take a look here at some of these markets how they made these bottoms and had this tremendous move here I want to show you first of all the long-term picture in the S&P on the weekly chart I did this on the other part of the show but we're already we're continuing to go higher so this is definitely gonna exceed because we've already gone higher now what I didn't do is I didn't do the exact in other words add B and C together and subtract you know the a leg from it because that's how you get the extra this little this little tool can be off by you know you see that you can just be off by just a little bit and the market can go you know some place where it's not I didn't do that I probably should all I know it's up in here somewhere I mean that doesn't mean it's gonna turn around but right now it's still going higher let's take a quick look here at the bonds here because they they just just don't have any friends they just you can see the lower highs all the way through here we made lower lows again remember we thought it was gonna hold here and it did you know we rallied up to this level here 04 and then of course we came down more and if you had a you know some type of a profit in here you certainly wouldn't want to let it go to a loss that's you know what you try to do when you're when you're looking at some of these things so that's a that's one of the ones but I wanted to just give you a rough idea we can of course we're wearing some soy beans right now they've got they're almost at the Mac in fact they are at the maximum loss right now you should be out of the out of the November beans right now we bought those at 48 and I said to stop them at 38 and so we're out with a 10 set loss on that so we're not going to do anything on the wheat that we had that turned out if you were paying attention you'll notice here we had the 382 right here there was a 382 and look look at our high today folks it was right at the 78% level of this level right back in here so that's why we're watching something that is going to be quite interesting it backed off and so far on the back off you'll see it's just come down and stopped pretty much where it's where it should have right near the 382 but we took our profits up in here because it completed that ABCD well it made the 78% level within two pennies and that was the main reason for for taking it so that's what we're paying attention to here right now as we watch some of these markets here unfold but these markets are you know what is the old Chinese curse may you live in interesting times well these are one of those times I have not seen anything like this since the dotcom bubble but the dotcom bubble is different because it was a whole group of stocks but you know the AI is not that bigger group you know there's maybe 50 60 I don't know maybe I don't know how many and some of them are really small and but they're they're the one that's you know that's where the games being played so that's why we need to pay close attention to it on this week I wanted to point out the fact that we were also setting exactly at the 61% retracement that's what prompted me to take a look at it from you know to get out of the long position because you know it was working pretty good and of course the soybeans weren't so one you know one made 21 of May 23 cents the other one lost 10 cents so either way you'd have probably been okay you know with that so that that's what we're watching here as we're paying attention to some of these here things here this morning and as I mentioned our guests will be Grace Morris of Astro Economics of course she's extremely bullish these NASDAQ stocks as she should be because boy they just keep wanting to go higher and higher and higher let's take a quick look at NVIDIA and see what it's doing on a little tiny tiny bit of an intraday basis we'll just put a 13 minute chart we should be right up at I well we just made the high a little while ago up here at 17 excuse me it's 17 will be next week 781 was the number we were looking at and of course you know that long-term weekly chart that we were looking at we thought it was going to get to just about 779 787 70 to 779 and we've certainly we've certainly done that to be exactly you should take B plus C and subtract a because this little tool can be off by you know eight or ten points and something like that and that could really make a variance you know we could do that right now since we have time what we're going to do is we're going to take the high here I've got to get my little calculator out and only take a second I used to do these over and over and over again hold on a second the high on the see what you're gonna do is it take gonna add B and C together B and C so B is I think 502 yep B is 502 and then you add to that C point right here which is 386 plus 386 and then you should shucks hold on 502 plus 386 plus minus that doesn't sound right but the minus would be 100 minus 100 I'm doing this wrong because it's gonna come out with the wrong number that comes out with 488 that can't be right wait for 502 plus 386 just this is terrible wasting your time folks but it's important to me so we got 506 is a high plus we have 386 as the BC leg 386 plus okay that's eight now there it is and that's 892 minus 100 equals 792 that's what it measures to and that's what we're gonna see whether that's gonna be it or not we've been as high as 81 and we're still going up so we'll be watching it real closely here as we move on to some of these things okay alright let's get over here to one other question that someone had about another stock that is out there trading it which is Tesla hold on one second I haven't looked at Tesla you know most you guys know that I don't look at stocks very much but we'll get to daily out here it was making a nice Gartley down there at the bottom so it should have rallied well it is rallying a little bit but gosh not very much I mean you talk about a dead cat bounce look at this folks I mean this is this is really bearish this little if that's it that's not even close to a 382 but let's just let's just check from the last high down to the low no it's not even close to 382 comes up up here at you know 210 up there then if you got ABCD up at 210 that would be a bearish bearish sign for Tesla but remember it went right down to the 618 you see how it stopped on the whole 618 of that whole move stayed right there the little hidden shoulders pattern you can see that if you can see there's your shoulder head right shoulder right shoulder higher than the left shoulder that's that's an idea I mean that's not a lot but when you're looking at a stock that's worth a couple hundred bucks you know 10 points is 5% which isn't too bad so anyway let's move on here with the next one here and see what we have going on I'll get this out of the way with Tesla and we got a we got a break coming up and we'll be right back 8779276648 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 Steve's award-winning newsletter mastering probability is delivered every trading day with updates throughout the afternoon sign up for Steve's market newsletter mastering probability and you'll receive access to seven of Steve's educational webinars absolutely free at TFNN all our newsletters come with a 30-day money-back guarantee so you have absolutely nothing to worry about visit TFNN.com and try mastering probability 30 days risk-free today TFNN educating investors are you ready to take your trading to the next level introducing Tom O'Brien's award-winning newsletter market insights your key to successful active trading Tom O'Brien renowned for his expertise in the financial markets has designed market insights to be your daily guide to profitable trades Tom publishes his daily market insights newsletter every market day before the market open along with updates when warranted stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox whether you're a seasoned trader or just starting out market 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Friday during market hours for exclusive content that moves with the markets at TFNN we bring the trading floor to you our seasoned hosts are here to answer your calls and questions live on the air check out the tiger's den for just $1 and follow us on YouTube and become part of our vibrant community and remember at TFNN we're so confident in the value we provide that we are for a 30-day money-back guarantee on all new premium newsletter subscriptions and services you have absolutely nothing to risk so why wait tune in live to Tiger TV and transform your trading journey because when you know better you invest better join us and experience the difference today TFNN educating investors call now toll-free at 1-877-927-6648 internationally at 727-873-7618 okay folks next week we're going to have Mike moron but I have to you know let me just clean this out here because I haven't updated this new pattern because we had this lower low here yesterday it was you know right on spot on and now we're heading up to another ABCD move here there's your a leg right here there's your BC leg right here coming in and then you have another one coming in right behind it right here so we're going to be up into some really interesting spots up here once we get to this 79 40 level we're very very close to it right now and if we look at this on the daily chart you're going to see the cluster of all the stops that are going to be kicked in here the first one comes in at 78 77 and we just took that out so you know I believe we're getting ready to make this little ABCD pattern right here in crude oil just blow it up a little bit so you'll be able to see it there's your there's your big one right here and you've got another one coming in right behind it right here if you like ABCDs and I certainly do but there's your AB hope I can get this to connect right yeah that'll be up around this 79 see here's the old highs at 79 they're going to take that out and it's probably where it's going to go up here to around 80 16 so watch this closely this morning you had a pretty big break from last night I'll show you the break there was the break last night we were we're setting right up at that 786 level and then it broke down and it look where it stopped folks I mean you just can't make this stuff up it's pretty much almost as well almost exactly 50% a little bit below but I need to show you one from yesterday that if you like numbers and we certainly do oh dear where is it oh no oh dear I got one here I have to show you but it's really cool and I just can't find the darn thing what you know what I have it here I have it in my in my stuff from from John Jameson so just give me a bear with me a second folks I just want to get this up here and show you there there's yesterday's low in the NASDAQ folks you can see these three highs that we had here earlier in the morning and that was the mean and look what happened when you hit one standard deviation to the exact tick and if you went and did the ABCD patterns on this you were not very far off the thing is it when that news came out this thing just never took any prisoners it just went up and up and up and up so that's that's when and this is the way markets act I mean there's supposed to look at all the news I mean everything in it is about AI how wonderful it is and I you know what it really is wonderful but you know I don't think it's going to be wonderful forever who knows we'll have to wait and see but it's a it's a pretty big move here now let's move up here and we'll get a couple other charts up here that we can see but anyway watch this crude all now the reason why I'm focusing on that I want you to see what's happening with this I do not understand I don't understand how this can be but if you're looking at crude oil when you break crude oil up okay you're gonna refine it it becomes heating oil correct and has get here's gasoline now here's gasoline now look where look where we are here I'll just give you an idea this is a going the last few days but look at look where gasoline is it's hardly even moving mean we got crude oil up here and and this is doing nothing I mean this is telling you got you know ABCD's coming in here also so that's what that's what I'm looking at this is telling me the market is actually a lot weaker because look how gasoline should be you know way up here and it's not now let's do the heating oil I wish we had Tom Mike Moore but we'll have him on Monday and you'll be able to see or he'll be able to explain to us why this crack spread is doing so crazy now here's heating oil and that was earlier it was a lot weaker and it is still a lot weaker you can see here it's come down and now we've we've made lower lows here but look look where it is for today it's still not even hardly up on the day it's just barely up on the day this is telling me that the complex even though you know the crude oil is you know up in this area right here the other products that they're cracking into it are not selling well that hey what do I know I'm just telling you when I look at it as some total of all the buyers and sellers so I hope that gives you some idea of a you know what we're we're looking at right here so all right let me move that one out of the way we covered that and we covered the gasoline and then we covered already did the crude oil we're waiting for crude oil to get up to that clean those stops out let's get that again so you can see it on the daily you want it to get these stops out right up in here because then you'll have a really nice ABCD okay and if it's really nice what it'll do is it'll match up with this real nice three-drive pattern that we got going and that would take you right up to this level right here around 80-20 and that's what you'd be wanting to watch it around 80-20 that takes care of all these stops over here 79 58 in all of these stops in here and it's gonna look like it's real bullish and you know it might be but that's what you look for is that little ABCD coming into that area right about here so that's what I'm watching here in the crude oil complex I'm just surprised that the other are very very weak you know that's the thing that is you know really quite dangerous the fact that it's so much weaker than the other the other market so I hope that gives it some type of an idea of what we're watching here okay all right now let's move on here with market continues to go higher and I can see here we're just these are delayed here in in video so who knows where it is trading at I'm showing it's trading at 73 but we've got the S&P making new highs now as we speak right here I I assumed that we were going to have a little bit of a three drive pattern right here but it looks like it's going to go even higher we had one right in here but went a little bit higher and it looks like we're still going to go up we've got another one coming in but when it does turn folks just like it went up I don't think it's going to go down the same way that it went up but it's going to be interesting to see you know what really happens when we when we look at this thing when it starts to unfold and we have to look at this one too because this was a pretty big one early this morning the market backed off looks like we're going to go to 50 90 maybe 50 100 which we could easily do because looking at this on this long-term weekly you know we said we could get up there and there's you can see where we are there's the number was a 50 88 and we're at 50 87 right now so we're really close to that that same ABCD see the same ABCD number that we're looking at right here so that's what we're seeing as we look at this here so far today now we've got that Grace Morris will be coming up here in just a few moments and we'll ask her some questions hope we'll get her on the line and we'll be able to see what she has to say but we had one heck of a run and this thing last night folks when I saw this thing take off I said holy moly guacamole look at this thing it just zoom fact that look at this it actually backed off a little bit and then it exploded you know and this just kept going up and up and we keep going up and up and up so not much you can do about that so we'll wait and see how it all comes out but the beans are going lower which is not unexpected we had to get out of those we bought those here at 48 I said put the stop at 38 that was right here and now we're trading 35 which is lower so there's no reason to get too excited about it yet maybe down the road but look looking at this on the daily now you see we're really breaking down big time below these levels here that tells us it hasn't made a bottom yet and we'll just have to wait and see but we gave it a nibble paid a little that's the way it looks like eight seven seven ninety seven six six four eight the gold report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the 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 currencies commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe which is why it's a great time to try out Teddy Keg stats Tiger 4x report Teddy Keg stat breaks down the 4x markets every Monday using his 30 plus years of experience as a trading veteran of futures 4x stocks and options Teddy releases his weekly Tiger 4x report every Monday morning with coverage of all the major currency 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these these numbers that these people are posting here the for the AI stuff is really spectacular if you've seen a demo on AI I've seen a couple of demos it just blew me away I can see where it's a game changer but holy cow it's like the internet and the printing press yes the reason it's particularly with the magnificent shopping so this is a great time to be in the markets except over 400 the S&P's back over 5,000 that is the NASDAQ up over 400 today and the Dow is up a new number came up on the board is up for 389 holy cow yeah everything everybody wants to be in so this is you know we've had a heck of a move here on some of these things are any stocks that you look at that are good value in here let me and just I just finished the black and books my blog for this morning and it's not only the markets are all up but everything on our recommended list is absolutely up there's any is over hundred and points and all the magnificent seven which is very much promoted our art and I think a really interesting one is SMCI which is on the front page of my this month's newsletter and it's over 200 advanced dollars a share and that was an example of gap ups and how they keep moving and it's still moving and it's up is it up $200 today yep and let me give you the exact number SMC I you said right oh here SMCI is at 226 dollars a share today it was it's at 972 that's up $272 today boy oh boy wow amazing and last month's newsletter which your audience can request a free copy of on our website astro economics that come and while they're there take a look at the wall on the site wow but but I mean as they will see I have a call in the call a first column I'm biased and gap up and super micro computer was up 75% at the start of the month and it's they did nothing but gap off and it's gaped up again and this I like to put in buying and holding strategies in every newsletter and this is a great buying strategy to buy on gap ups it's like I remember years and years ago in a stock club people wanted to buy something that was falling or bottoming and I can remember around Bill O'Neill IBD sure when it's going up it's going to go further up and so those are always yes tax to pick yeah my I don't know if you knew this enough but my my oldest daughter she her first boyfriend was Bill's son long time ago the kids all the kids went to the same high school there at Westlake so it was anyway so anyway do you have any particular stock besides SMCI do you have something maybe the poor man could buy like under 300 200 $100 or well let me say this and all my mistakes I put in for this month are doing well but let me talk about these sectors because if we know ahead of time which sectors are going to be favored and I've done this for about 25 years and it is amazing we're going to have a shift after a May 26th through the next year and the cycle we're in right now is the cosmetics restaurants financial and today like lemon and alf are up there's a blue shovel in that sector and ahead of time it's good to know the airlines which are having such problems right now in this sector will do very well I after June and will recover a lot of I mean the ground that they've really lost like in the news is the jet blue and spirit merger fell apart yours and limbo and done is the pulling back of the Boeing 737 max and all of the problems that they are having at this point will not be there and so any of the transportation stocks particularly the air related stocks should do very well and it's probably railroads also Grace how would the folks get a sample copy of your letter how do they how what's the best way for them to reach you well if you just go to our website after economics that town and just requested on the content page well thank you so much for being our guest today we'll have you on again soon you still like it down there in Florida you not gonna move back to Chicago are you Chicago well I think we suffered long I can remember some of those seminars we had back there before they were held in cold weather but we had some of the spring that were good too so listen it's great having you on and thanks for the kind things you said about Jim 20 man I knew you knew Jim and he was really a stand-up guy so anyway thank you so much grace and I hope to meet you again one of these days if we're in the old seminar circuit again okay I'll do the best I can grace Morris folks astro economics and I believe we have to check the clock on the wall to see how I'm doing with time because usually oh I've got a whole minute segment here so let's move on to add another one that someone asked about one of the mega stocks I'll get it up here so we could all see it together and I think we'll be able to see it this is meta and as you can see here oh I don't have the thing being showed yet so bear with me I posted the SMCI chart hold on I'll post it again let's just get here all right this is the one I'm showing you know I did I did post the SMCI cover again okay this is the meta and I'll do the other 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 and 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 a full refund within 30 days of signing up tfnn.com educating investors are you ready to take your trading to the next level introducing Tom O'Brien's award winning newsletter market insights your key to successful active trading Tom O'Brien renowned for his expertise in the financial markets has designed market insights to be your daily guide to profitable trades Tom publishes his daily market insights newsletter every market day before the market open along with updates when warranted stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox whether you're a season trader or just starting out market insights provides the edge you need to navigate the markets with confidence ready to join the ranks of successful traders head over to tfnn.com and subscribe to market insights today don't miss out on this opportunity to supercharge your trading results market insights comes with a 30-day money back guarantee for all new subscribers so you have nothing to risk don't miss out on this opportunity to revolutionize your trading game head over to tfnn.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award winning newsletter market insights firsthand 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 direction investments dot 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 distributor foresight fund services LLC this program is brought to you by Vista gold traded on the NYSE American and TSX under the symbol VGZ folks I'll try to explain what grace was telling us you see how the little pattern here we have a little six day pullback and then the market gaps up like that she thinks that's incredibly bullish and believe me that is incredibly bullish when you gap up like this and just keep going stop and thanks folks this went up a hundred dollars this is a three hundred dollars stock it went to four hundred dollars in the first day and then it backs off for a little tiny bit and then it doesn't back off at all I mean just up up up up another breakout another breakout here you had a big outside day to the downside and the rally back thus far is probably went right up to the old 78% level not quite but it's still going but that's what we're that's what he's what she's talking about at this level what I would do here I don't know if we can do this or not without too much trouble now you can't because it you can't get the damn thing to move over enough to to measure what I wanted to do is to measure ah you know what I can do is to do this go to the right the elite to the right delete right yep all the bars and then I just move this over like this push it up a little bit and you'll see here that's still not it I was thinking this might be a 382 right here but it doesn't I think it's more than a 618 because this is it's in the two hundred dollar category folks and now it's trading for 900 so yeah I went right to a 61 percent retracement and then gapped up so that's uh that's what you I mean I you know when I look at this chart and I go back here and just look at this here because this if you remember this was my this was my problem right here this was the big buy this was the big buy and this was when we had that lunar eclipse on the 28th and we had that big cycle that said we were going straight up into late December which we did and not going to live that one down boys and girls I can promise you that so anyway that's the smci that we're watching here today and we've already looked at tesla most of these you know like there's microsoft is really big with the ai and google is back down today they said basically our product isn't anywhere near ready to be used by the public and so that's what I heard I could be I could be entirely wrong on that I'm still focusing you know even though you know we had a you know look like it's going to be a great start to the wheat trade we still made some money on the wheat trade we raised our stop to after it hit 93 you know I said put I sent in the video I said put your stop at 85 because if it gets below there there's something wrong and it went back below there and so you know there's nothing else you can do but stand aside and and just wait and see if it's going to do it the market continues to go higher look we're still we're just made new highs in the s&p again we're heading up to looks like 5100 we're at 50 let me remember this on the long-term weekly that number was still we're still it's already above the number let's put it that way you can see it that is already I've measured these and that's where it measures to right up here and that number is at 50 70 and we're already 24 handles above it looks like we're heading up to maybe even the 127 of this move right here so I let's just check one other one just to see if this has got anything I don't think it's got a little bit higher to go yes it certainly does and that means we can get to 52 82 I don't know all I know is folks this is how moves in not how they begin that I don't know how much higher it's going to go and you know that's all I'm doing you know I think yesterday we took a nibble at it on the rally back in the s of the Dow Jones that didn't work but you know the other trades that we had on were acting pretty good missed a beauty today by just a heartbeat doing all this other stuff and I didn't get a chance to send it out it was in the cattle because we were waiting to see cattle make this remember this is just a 30 minute chart but look at this really nice little abc here today and it stayed here for two hours come on boys and girls I wonder why couldn't I do that one and I didn't see it and you know it missed it by missed it by 10 pips 189 40 was a number got to 189 25 and that's boy it's had a pretty big break that's well over a thousand dollars in cattle today and how could cattle be down with the rest of the markets being up shut the front door and raise the rent you don't know which ones are going to work and you don't care you just got to keep doing them that's all you got to do okay let's move on here let me get this straight so I can put all together and I have a question about wheat and let me get up here and I will bring the wheat chart right here let's get it up here this was one that we had we played this one perfectly yesterday and today I've already brought this out I want to bring it to your attention here was the buy right here let's just clean this out we missed the buy here remember on this daily it measured right down there I don't well we better put it up here again because a lot of people don't remember it from I think it was the four hour wasn't it yeah there's your four there was your abcd right here there was your rally today and there was your 382 pullback yesterday we missed this bottom we bought the 382 that gave us 23 cents okay and when it got to there I said put your stop down to here that way you lock in 14 cents and so you've got out and now it's already six cents below that so that's all I'm doing is trying to do that I I did it with the s&p once today I did it with the dow Jones once today lost both of both times but you know what I'll be around when the dancing starts at least I think I will be this straight up moves though really surprised I haven't seen anything like this since the dot com days and I know how those ended so when you hear the boys in the poker room saying gee I'm really looking forward to get to the getting back into markets again you know it's very very close all we did on this high was just go a little above the 50 percent level we didn't even make a 61 retracement here basically what I was doing was protecting profits because my assumption was after a big move like this if you came back below here there was something really wrong and that's why I suggested to put the stop at 585 that would lock in 14 cents or $700 which would have made up for the the soybean trade and it I believe is still going lower I just saw it beeping again uh yeah here no that's yeah here's right here it's 30 we got out of this at 30 38 and it's now 36 it looks like we're still still heading down so I just have to wait and get another pattern that will line up this one lined up exactly what I wanted to do did what it's supposed to do but didn't act right you see we were buying it on this pullback right here just right here I do these on the air so you can see what we're doing let's get up here that's what I was doing right here move this over I was buying it on this pullback right here at 48 and I did and all it did and I saw this couldn't do anything about it went right up to the exact 382 here hit it twice and boom down she came and now you can see we're looking at another big abcd to the downside on this one also so we're going to be keeping a close eye on it here over the next few days especially because we have this lunar cycle that is coming in uh today and tomorrow and tomorrow I guess will be the wizard of Naples Florida norm winsky and we'll have him on the air also so those are few of the things that we're looking at here today and anyway that's about it I believe it or not folks I slept for nine hours last night I didn't see any of that move from I went to bed at eight o'clock I got up at like five o'clock and I couldn't believe it I had slept that long without any interruption I I thought maybe something was wrong all right we're going to take a break here 877-927-6648 if you're looking for potential trading setups in the stock market then rocket equities and 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 and 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 everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the Fibonacci 24-7 newsletter at TFNN.com when you subscribe 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close to the bottom how close does it come well misses it by well it looked like the bottom was going to be here at it only got to 95 and it dot it it was supposed to get down to 90 so it missed that but here's the key we were looking for a sale on the way back up okay this is the this is what we were watching from the high that we made let's just get this one out of the way so we can see the whole sequence from your high down to your low your first 382 retracement came in here and we did that one and then of course when it was here for all day on sunday and we said nope it's no good we scratched that trade it went up we were looking for the sale right here because that was the 61 percent retracement off of here and it was also the small abcd pattern lining up at the same time so that's what we were looking for we might still get it but right now it could go either way there's your low right here okay there's your high right here the next one we're taking you right up to that number and that would have been absolutely perfect it would have been a minor well not minor because it's a four-hour chart but there's drive one right there there's drive two there's drive three whoops get that up there there's drive three so that would have been a nice place to do it we're $18 away and we could easily get back up there so watch that one if it gets there because that should be strong resistance for two reasons one is we're two weeks into a rally and we haven't any been higher than the 50 percent level so live every day in an attitude of gratitude we'll see you on the flip side tomorrow with norm winsky of astro tens trends and may god bless