 The following is a presentation of TFNN Trade what you see With Larry Pezzavento All now toll-free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Okay folks, we're gonna go over the Dow Jones E-mini here. Let's try it again Larry the E-mini S&P 500 because we had that big high that we thought was going to come in on Friday, which it did and now you notice we went slightly higher so far today backed off Very little we backed off about 16 points stopped right here at 43 85 We're just setting up in here a lot of resistance up here at the 44 0 8 But let's take a look at this on the daily because this is what we were concerned about We hit that level now. We took that high. You see we did take that we took that level out by just a little bit We went to 40 40 2 yesterday's I was 43 96 we're trading at 43 97 Right now. That's why I said this looked like a potential for a small Correction and that's what we did there was our low down here on Friday You've had the monster move up when we were up about 70 handles and then all we did was make the ABCD pattern and came right down yesterday, you'll see you there it is on Monday went right down to the 30 handles down from the high right at the 38 to stay there and then it started to go up now Right before the market opened I sent out the video because I was looking at this pattern right here Okay, we had a higher bottom, but notice here that we had a really nice ABCD pattern right here which we did complete and then we went up and we backed off One more time and then shot up and made new highs up into this area here So we are playing with this area one or two more times. It's still bullish folks There's nothing negative. I mean we had this one correction and that's all it was So you have to assume that it's still bullish if we look at the last pullback from your low up to your high You can see it went just a tiny bit below the 38 to there was 88 This was 86 didn't even make a 50% retracement if that's the case Look what we're gonna be looking at. There's our number up here that you know He's probably gonna get up to this is it 44 10 to 44 12 level. Let's just draw it in to show what we're watching here We'll just draw both of these in so we can see them here. There's your AB leg right there You notice how it shoots up through here folks. That means it's a lot of power right there It tells you it's got a lot of power. See how it comes out of point C when you see that you know that the BC leg Excuse me. There's your AB leg You know that your BC leg when you see power like this that means your BC leg is going to be at least 1.27 or 1.618 of the AB and all I have to do is to click on that and change the CD leg right here I'm just gonna make it to 618 because I think that's what it did We'll get up here and see and there we came within One point of the exact 1.618 expansion right there Oh, two was oh two and a half was the high Oh three was a number and then we backed off Right to here. What does that tell us the next move here is going to be most probably coming up into this area Right up in here around 43 44 16. So we're not we're not done going up. It looks like to me now So far, you know, we haven't made new highs, but you know, we could easily get up there I mean this market's very bullish folks. I mean you can see what it did here This is all we could do after that five-day run a low operator. There's nothing bearish about that puppy Now let's turn on the hose and get on to something's various because we've got one out here That just doesn't have any friends at all. Believe it or not Here is the crude oil now folks. I have to show you my trade today that I absolutely loved Hold on one second here and we'll get this up here. I've got to get it on a A tiny bit longer time frame. Let's get it up here on that. I think it was the hourly was it we were looking at There it is. Here's what we were looking at right here. Here's what I really liked this morning This is what I was looking for. See we got right down Beautiful abcd right here. Okay, so I bought it in here Rallyed a little bit and you can see what happened. It just totally collapsed folks I'll tell you when I see stuff like this happening I literally say, oh my goodness. Why doesn't a person just sell weakness because look at that breaking below here You know that set up this larger abcd pattern right here and now we're going lower Look how look how bad crude oil is looking now folks on the daily Look at this. See we're breaking down. There's already made one of the numbers we were looking at yesterday 78 27 The next one is 75 so well 76 75 97 so we're only two points away from that So this is telling us this thing is, you know, very very bearish. So that's all I can tell you and I'm sticking to it So anyway, that's what we're watching here in the crude oil But since we're watching crude oil, we ought to watch what's happening with gasoline because I know gasoline here in Tucson is dropping like the proverbial rock Like you ever seen that cartoon it says The sky is falling the sky is falling and the guy yells out sell sky And he's probably right. Let's move up here and we're going to take a look at the We'll look at the Gasoline the arba first. We'll try to have a Tim more excuse me. Tom mic more on this Tomorrow as our guest hopefully now look at this We were supposed to get a 382 retracer and look how we're cascading to the downside here folks This thing is just incredibly weak Let's just move to the daily and you're going to see how weak this crude oil How this thing really is very very weak There's your hive that we made back up in here when we were making a bcds to the upside There's a b c d a b c d Right up to this level then we come down start making 382s There's your first major one right here on the 29th. We've already pointed that out to you That came in at 229 and then look at the lower tops through here folks. There's a beautiful 135 pattern set up here in the gasoline contract Gasoline is getting a lot cheaper folks and it's going to get a lot cheaper because Looking at this pattern right here on this hourly chart You easily have this set up for in fact, we might have made this today Because it's such a move down Not quite. We've got another couple cents to go. Well more than a couple cents It goes down another five cents here to get to this level here in the Gasoline which is a 1.618 expansion of this whole move. There's your 135 pattern You can see the beautiful symmetry that's here just absolutely spot on we'll be going over that one very closely on the It's 15th of november now. We don't quite make the a b c d here You see how we make a double top up in here, but we don't let me see if it took it out by a penny Okay, that is 25 58. This is 26. My gosh just took this out by just a penny So that is an a b c d and that was done yesterday and look at it today It just drops another 10 cents a gallon for gasoline Since we're looking at gasoline, let's take a look at the heating oil That's always another one to look at. We'll just go down We'll do that on the hourly chart too because that's probably oh my goodness. Look at this one. This is a This is a dying quail. Oh Son of a god, I missed a couple here We're going to get back and talk about this heating oil folks stay with us 877-927-6648 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 insights provides the edge you need to navigate the market 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 bryan's award-winning newsletter market insights firsthand tfnn educating investors 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 forex report Teddy keg stat breaks down the forex markets every monday using his 30 plus years of experience as a trading veteran of futures Forex stocks and options teddy releases his weekly tiger forex report every monday morning with coverage of all the major currency pairs Including the dollar index the euro dollar pound dollar dollar swiss Dollar yen as well as many more and he also has weekly coverage of the crude oil market and the 30 year t bonds as they both Influence forex markets tremendously when you sign up for the tiger forex report You also gain instant access to teddy's 60 minute webinar archive He just hosted forex strategies and fundamentals What is behind the tiger forex report for all the details and to start your 30 day tiger forex report subscription today Visit the front page of tfnn.com tfnn educating investors Toll free at 1 877-927-6648 internationally at 727-873-7618 Okay, folks, we're looking at heating oil here over the last 10 days or so I just wanted to point out here after this high was made You know, we try to look for the first 382 retracement and you can see here We went to the 382 went a tiny bit above it about a penny I didn't quite make the 50 and then we broke down. This is the one That I should have been watching today folks. This was a four-hour rally And if that was exactly it's not I can tell you that right now just by eyeball it Well, I think I can but from the high Down here to the low You see we missed the 382 here by just a little bit and then of course it it collapsed Into this here right now Folks, you can put a trade on anything you want buy sell Up down makes no difference if you'll put a stop in And do the trade doesn't make any difference what the pattern is Whatever you're looking at because all it costs folks Is to put the order in and you can either buy it or sell it and you put your stop in You could I got a chance of losing if you don't put a stop in Therein lies the problem because you're telling the market that I know more than you do And so I don't need to put a stop in and we all know that that is not correct So you've got to put a stop in I I put stops in religiously I get stopped out a lot Sometimes I don't but when I do I move on to the next one. That's all I can do I don't worry about it because I know there's going to be another train coming down the right to track and That's the one I'm going to be trying to catch So it looks like we're still going lower in heating oil gasoline And crude oil is another dollar two dollars lower in crude Stop and think folks. We've got a war going on in ukraine That's got to do with russian oil. We've got a They definitely I don't know what they call it a war, but it is a war over in Middle east I mean for heaven's sakes People are dying every day and yet you think with the price of oil Should be going up and what is it doing? It's going straight down folks. There's nothing wrong with that Because markets do that, but let's take a look here at the crude oil. All right Right here. You see when we were right there at almost 90 dollars that beautiful abcd Right at the 61 percent retracement. That's when goldman sacks put out their special report And they said it's going to 120 And from there it's dropped 22 dollars a barrel In 12 trading well by 14 trading days. That's what's really bullish news all along the way So the news is not so much bullish is because they keep pumping it to the downside, which means They can say all they want about the fundamentals, but they can't sell the oil that they got That's why they're that's why they're reducing the price of it. So that's what you got to pay attention That's why these bar charts So darn important because that tells you the sum total of all the buyers and sellers You don't have to listen to the fundamentals of this stuff You just don't need to do that another one, you know, I don't want to bring these up When I do bring these ups what people say And remember I do the same thing. I say certain things are going to happen and they don't happen Okay, and that's normal because I'm I'm a technician. Sometimes I'm wrong. I mean I'm I'm wrong a lot, but I'm also right a lot So all I'm doing is when I when I'm right I try to tell you when I'm right and when I'm wrong I want to tell you that I'm wrong, but if you're listening to other people You got to remember that many of them have a different agenda if you remember when Morgan Stanley, let's get this up here Get this chart of Tesla up here. It's going to be interesting because This is was a few weeks ago. You'll remember it very vividly It was right here Right here back in September Morgan Stanley came out and issued a special report this big gap up. I remember it quite vividly That the price objective they're giving Tesla Is $440 a share that's when it was right here Now you went up to 282 and you came down to 132 35 and up to 270 That gave you the abcd to the downside right here, which we made it But here's a here's a lesson here since we're talking about this the two reasons for this When someone tells you something's going to happen. Sure. Okay, maybe it's going to happen But remember, you know, they might have an ulterior motive look at this This thing gaps up and stays up here for five days and they're looking at 440 You didn't tell me that some of these dudes had bought it here Didn't get out of it there. Come on. Give me a break But let me show you why cycle why these abcd patterns can be so tricky When you have an abcd pattern like this, okay There's your pattern right here. Okay. Now This is secret stuff. So don't share it with anybody. All right You see this distance right here from there to there all I'm going to do is I'm going to measure that distance from here to here Okay, that's that distance from Right there to right there. I think that's pretty close to it. Isn't it? Yeah, that's close enough So there's the normal abcd if we take that gap distance and add it Okay, look what you're going to do. You're getting real close now Down to this level down in here. So whenever you see a gap You have to extend that and usually what I do is I extend it by Go back and do that 1618 again. So you'll be able to see that that's what usually happens when When we do that and you'll see that there you go by the bing by the boom It takes you right down to the 1.618 expansion. In other words, we're looking at this move right here And instead of being one to one, we're making it 1.618 to one and that gets us down to here So what has tesla done so far this week? Well, we've had a pretty big run up We've gone from 195 up to 225. We rallied 30 bucks. All right The first thing you want to do is measure it From the last high right here and you'll see that the 382 came in Right there. You also should do it from the high which is farther back than this and where did it come in To the exact 382 that was uh two days ago hit an exact number 226 That was off of this high right here. We can say You buy to this one There's your high because it hit it twice Hit it last. This is tuesday. So hit it last Friday monday and this is tuesday right here. So until we get above this we're still bearish in tesla So that's a couple of things that we're paying that close attention to here today I've also added a question that someone brought together about hold on. Let me get it up here So that we'll be able to see it. All I got to do is find it and that is Meta m mta, right isn't meta Yeah, here it is right here. By the way, I'm disabled my whatsapp is disabled for the first time in a long time Well, first time ever as near as I know so I I can't get calls if people and that Frustrating as hell. Okay here. You can see this has been one of the really much stronger stocks. No sell-off at all Still going higher. Does it look any? It looks like there's much selling coming in here You'll see we had the sell-off here into the eclipse on the 27th and from then we've been on a vertical straight up move here Let's just see how close well, I think we're already above no We're not above the 786 yet, but we're very very close Oh, we hit it. Yes, we did we did it that was trading at it right now 319 69 and it's trading at 320 the high on the day is at 321. So This may be a little potential high in here, but boy, believe me the impasse there is on little Hey one other one show this abcd folks and we'll take a break abcd and we'll be right back Tires every tuesday and thursday tim org joins the tom o brian show to share his unique Insight that he's developed over decades of trading now on tuesday november 7th from 4 p.m To 5 30 p.m eastern time tim org will be hosting his own live webinar Tim's analysis has been outperforming market return by almost double and his gold analysis is on track to be a Winner as well tim will be delving into six secret ratios that every trader should know In this webinar tim will be covering the daily tlt vixx the daily and weekly spy vixx the american Association of individual investors bull bear ratios and the trend panic levels Tim will break down each ratio how it is calculated its importance and how it can help you make bigger returns It's as simple as this learn the ratios trade by them and see your returns That's it visit the front page of tfnn.com today to sign up now tfnn educating investors 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 xa u 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 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 you'll get a weekly report from veteran day trader larry pesavento 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 Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com then hit watch tiger tv. That's tfnn.com then hit watch tiger tv Okay, folks. I posted the chart here the treasury bonds. We've completed the abcd up here at 1401 High was 1402 trading at 113 28 Now we're a little late on this one Nothing else I can do about that because we had a commercial to pay for But that this means we should get a sell-off the last bc swing. Okay, we want to measure that Should take you down to this level right here, which is around 113 Oh seven so that's this is a thousand dollar move to the downside folks If you sold it here at 114 or 114 0 1 I'm going to have a stop at 114 0 5 It's only risking $150 But your profit objective here would be this distance right here, which is $9 Which is $900 so your profit objective is $900 Your risk would have been 150 you divide 150 Into 900 you get six times in other words You got a six to one risk reward ratio in other words, you're risking One unit to make six and that that's those are good odds folks You can't beat that. It's like a broken drum. You can't beat it Okay, now we've got another one here that we should chat with a bit and that is here About the hold on one second. We want to get it up here And that is the gold market here's we've been coming down quite a bit in the gold You notice that we have some a bcd structures forming in gold now over a shorter time frame This is a 13 minute chart. So there's our first There's our a b cd move coming here in gold pretty quickly. There's your a b leg right here There's your cd leg taking you up into this area here 1977 we're trading at 1974 if you look at this very closely As you can see here, you've got another a b cd forming also So you want to draw that one in There's your a b leg right here. There's your cd leg right here That comes in at 95 Excuse me 75 and the high so far has been 74 90 Now when you have two of these right here You have to give precedence to the larger one because we could still make it up to that level right there And if we did remember this is just a 13 minute chart, but it's going to show you a really nice butterfly pattern up there At the 1977 whether it's going to get there or not. We'll have to wait and see that's what we'll be watching now Since we've done this we're looking at 1977 what we need to do is go back and look to see what's here So we're going to go back and go to the hourly chart Okay, there's where we are right now. We want to go to the hourly chart Which is Right here. Okay Here's where here's where the short was folks. This was the the really nice short Your a b cd. There's the one we had on friday. We pointed that out to you folks. There's your a b leg right there There's your cd leg right there. It's supposed to come in at 7 it came in at 11 And now look we're coming down. There was your Almost a perfect eight three eight two here just missed it by about a dollar And then of course it comes down. Now number we're looking at here is 1977 So let's go and go from your high down to your low And you're going to guess 1981 Is going to be the three eight two coming down from the high right there So that's the number mathematics before geometry Okay, and geometry is the a b cds and the butterflies. So we're going to go With the mathematics and that's going to be being a seller of the gold at 1981 90 or just let's say 1981 Putting a stop here at 1988. You're going to risk seven dollars Okay, so that's pretty much what we're watching. I've just noticed here that we made a pretty nice A b cd on the downside here. There's your a b leg right here There's your cd leg to the downside that came in at 72 The low has been 63 so at nine dollars lower. So here's what we're watching here either today or tomorrow Watch for that potential three eight two retracement here at 1981 So that's what we're you know, sort of watching here as we're outlining some of these today now Here is the natural gas Had a nice trade in that today But unfortunately, I didn't see it till after it was over There was the high that we made right here if we looked at this On a shorter term basis. We didn't make anywhere near a three eight two on anything on the way down You see it's not close to anything at all. But this my friends. This is An a b cd pattern right here and remember this is a 13 minute chart So you got several hours in here that you're dealing with and there is your a b cd That's what we teach here at the old Pueblo a b equal cd It don't work all the time But it works most of the time and that's what you've been looking for There's your a b cd leg right get it right in there Well, the high was uh 29 and a half and it went to 20 Right on the money folks just spot on right there. This number is uh 329 and a half the a b cd 329 70 You got to trade it at 329 you got to risk risk that 70 cents Come down rally up one more time and then boom down you come and then you're looking for A uh three eight two retracement you would have got it right here Then you backed off a little bit But let's just play the devil devil's advocate not that I like the devil But we're just going to play him as an advocate here There's a possibility and it's a slim one We could be looking at an a b cd here either today or tomorrow up here at 322 now That's a 61 retracement But if we go to the hourly chart, I know you guys are bored stiff with this but it's all I got It's all I got and Nothing else I can do about it. So 22 is the number we want to be looking for So let's just go up here to see what the next three a two is going to be And there it is right there 322 so there's what you want to be looking for to be a short seller In this natural gas because it this thing is bearish folks I don't know where the bottom is but this thing is bearish looking at this on the daily You know, we're coming down pretty hard We're down in this level right here. So Uh, this is a change of data. So to disregard this this is the switchover of contracts And I know that this is not going to be correct, but I'm going to try to get it to now Now this is switchover of contracts. But the number you want to be watching for Tomorrow in this just move down. It's a 13 322 watch that number right here. That's a 3 a 2 and a 61 retracement 3 a 2 off the really big high back there And the other one back a little bit farther. So oh, we got a question from someone hold the moly guacamole Let's get this chart up and we'll be able to answer the question and that is about Planet here. Mr. Mr. Jameson's Loves this stock and here it is right now This is one of those a 007 Things. Okay. Now the oh son of a gun This really upsets me this secret thing here. It says buy the day before it gaps up. You see right here You always want to buy that the day before it gaps up. You see right here You buy it the day before it gaps up. All right. You die it buy it before the day it gaps up Buy it before the day that it gaps up. It's really look at this one here buy it before the days that it gaps up the only way You're going to know whether it's going to gap up or not is to attend the Secret session on november the 15th and that my friends equivalent to buying two shares of the brooklyn bridge. We'll be right back 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 basal 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 basal chapman in your inbox every day First time subscribers also get a 30 day money back guarantee if you're not satisfied Let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors Are you ready to take your trading to the next level? Introducing tom obryan's award-winning newsletter market insights your key to successful active trading tom obryan 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 obryan'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 and 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 eight six six four seven six seven five two three 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 llc This program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz Okay, folks. We're looking at the chalk Folks when my whatsapp goes out I use it so much because I talked to the uk three four times a day And I can't chat today. So I was a little upset with that, but i'm okay Anyway, let's take a look at palantir. Now this stock this is when it was issued back in september Of uh 2020 it had a nice run. I'll look at this folks This is just this is simple abcd. There's your ab leg right here. There's your cd leg right there There's your high coming in right there. It was supposed to come in at 46 and it came in at 45 was the high miss it by one point Look at this perfect 382 retracement From that you've made another abcd to the downside. Okay, there's your ab. There's your cd There's your cd to the downside and you miss it again It should have gone to a dollar 68. It only got down to Five dollars and now we've rallied back here Anyway, this stock is very heavily involved in military stuff artificial intelligence Some of the brightest minds in the world work for them Anyway, that's what we're looking at right now, but all i'm bringing to your attention is we have this big gap right here This was an earnings gap and but we do have an abcd right here. There's your ab leg Okay, there's your cd leg right here. We're there right now, but remember this gap right here You might have to add that to this and that's going to take you all the way up To the expansion of this number right here, which will be up here right at the old level of 2209 That's where it's probably getting ready to go on remember. I don't know stocks much I do know that I knew know the technical analysis of it, but that's what we're paying attention to Okay, now let's move on here to the check this bond trade that we were that we did Let's get it on here folks Wow can't get anything. There's our bonds See we've still got a chance if you wanted to sell them. They just hit 14 again So your risk here is a very small Your stop would have to be at around 06 And we're trading at 14 even the highs been 0 too So I still think that's a valid trade Because it is a perfect abcd move up into this level Right up here. I hope that makes a nice sense Now we had one other question about the cattle trade The problem with the cattle trade folks, they don't realize how bearish it is over there And they left us behind. So let's just get this up here And you're going to see that it just keeps You know going down as you can see here The range yesterday. Oh, we did have a rally today though. My goodness We had a rally early in the morning. I missed that shut the front door Please don't tell me it was a 3-8-2. No Oh god, yes, it was shut the front door Ah, Larry you teach this stuff. Why don't you pay attention? Look at this right to the $0.82. Wow, that's four cents in cattle. God bless America and all the ships at sea There's no excuse for that Oh boy, oh boy Wow to two cent rally Exactly at the 3-8-2 And now it's down three cents. So that's 14 $1,500 here Your risk here was about 200. Look where it is and it's heading down Even farther down if we look at this again on that daily Wow, look at that you don't even you don't even see that rally until you do it on the smaller time frame But there's your 135 pattern that tells us that we're heading sharply lower And we're going to get the cattle meat's going to be cheaper folks. So get ready. You might have to have a Prime rib instead of turkey. Who knows there's what you're looking at at 170 down about another 8 cents Well, that's a lot. So try to get short these cattle because How could I miss that trade in the cattle? My goodness No excuse for that one. All right, let's move on Okay, let's get on to the next one here. We have any questions. We're back to new highs 8 1402 the cell was at 01. So Make sure you stop is setting in you don't want to risk more than six points. So your stop is 1408. That's 100 Yeah, 680 dollars is all you're risking. All right, so this is a valid abcd. There's no question about it All right, let's move on here to see the Euro because we did cover that And now we stopped at the 382 right here off the bottom. There's our 382 All we're doing now is having a little what we call a small bounce. You can see this is a small abcd We got to do the same thing here that we didn't do with the cattle Can't believe that boy High down to wow Watch the euro up here at 10705 up about another 15 pips up in here folks This is a down market. There's your 382 retracement. So 10702 oh three That's where you want to sell it. You got a risk about 20 points 107 23 But this has been worth a thousand bucks on the way down Be willing to nibble back a little bit here and resell it on this little 382 rally is what i'd be doing Right here with that. Okay. Now. Let's move on here to check and see how we're doing In the stock market to see if it's uh, we'll start out with the dow because it looks like it's rallying back pretty good Which in fact it is There's our move here this morning We backed off from the low to high And went a little below the 382. Here's where we are now Not anywhere near the highs and i'm sure that's been the leader. So the others Oh Let's let's take that back Larry. You did make a new high Just now you see this high has been taken out here in the nasdaq. This is the Action in the nasdaq. There's there's the low early morning This is probably a spot on 382 would be my guess Nope, doesn't even make it the goalie gets down Misses it by quite a bit. So that one didn't work too well And that's pretty much it what we're looking at here. We're getting the gold up in here This is the number of the gold folks 1981 worth 76 right now. I Had an order to buy it there and I cancelled it. God darn it. Just buy that a little bit of a pullback, but What really upsets me is that cattle trade my goodness larry. Oh, I know what caused it No, that wasn't it. I was having trouble with that. What's happened when I have trouble with technical stuff folks All bets are off because I I just throw up my hands Say a few expletive words that I don't say in public And then I move on to the next one. Anyway, watch this one real closely 1982 it's a 382 in the Gold from those highs right back in here. So that should be some pretty strong resistance In this area because we've come down and made some pretty good Movements to the downside. So that's what we're paying attention here right now Well, we only got a minute to go eight seven seven nine two seven six six four eight Tomorrow we're going to try to have Mike more of more analytics on on friday We are definitely going to have grace morris of astro economics She's been incredibly good with showing us some of these stocks on the nasdaq and the burst signs and all that stuff And I believe on thursday we're supposed to have joes and aptly, but I haven't heard from him So I'll have to wait and see if joe's going to show up for that If not, he'll be more the same. We'll just go over your questions And I know the questions came in hot and heavy today if you were unable to get through It was just unfortunate, but just keep trying We'll be right back eight seven seven nine two seven six six four eight If you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter You should try tom yo brian delivers options and equity trades when the markets present them using a combination of fundamentals and Technicles 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 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? 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That's tfnn.com and hit watch tiger tv Okay, folks here is the treasury bond trade and we are out with a six-stick loss And that means that we Lost 186 dollars 31 25 per point And so that's history no mystery sometimes they work sometimes they don't Let's move on here by the way folks. I believe we only have 49 days left till christmas But you should check with any nine year old and they'll be able to tell you exactly how many days Well, see we got 25 in december And we still have 30 out 55 days left is what it's going to be 25 No, we got 25 and 25 47 days. Wow pretty good not bad. Anyway, that's what we're watching here today Um, I'm pretty much run out of gas here. So I don't know what else to say We did have a loss here today. Some of the other trades worked really good. The euro was really nice I didn't get didn't get filled in the gold. Uh, what other one did we have? We had another one that was more the cattle trade boy. That just sucks. I can't believe I missed that. I That's just uh, uh, that's just unheard of to to do to miss that. That's just not good Not good trading when you miss that boys and girls keep an eye on these ones for tomorrow folks 31 17 in the Natural gas and of course a 322 in the uh, gold I believe it's, uh 1982 in the gold is the one we're watching is a 382 on that one also, uh Do what you can for your neighbors out there because I'll tell you folks It's not an easy gig especially coming into the holidays and uh, you got to help out the best you can I'm not a big fan of the holidays. I went by kids were little From the time they were about nine years old. They didn't want presents folks They basically wanted to give their time and their presence they gave to the poor people I was so shocked that they did that but uh, I was very proud of that anyway. Hey, let's take a break. See you tomorrow May god bless. We'll have mike more on tomorrow So that's it look every day in an attitude of gratitude and may god bless