 as a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618. Let's go to Eddie and Booker Tom. Hey Eddie, what's going on? Hey Tom, how are you man? I'm doing great man, yourself? Good, good. It is a treasure to have TFNN every hour during the trading day to be there to help you to guide you and even to give you some peace of mind or like that somebody else is there with you while you're trading this crazy market. Either up or down. Well listen, we appreciate you growling and prowling us out here because we wouldn't be out here folks if we didn't have all you guys, gals, tigers and tigers as clients and you know, the market teaches you every single day man. Now, Tom O'Brien. Welcome folks, this is Tom O'Brien at TFNN. We have five days a week, we go seven hours a day, we go 24 hours a day on the internet at tfnn.com. Always remember folks, whatever you think about you bring about whatever you focus on grows. Hope everyone's having a great day, safe day. It's making a great night folks. You are what you believe you are. This is a great card folks, just wrap your head around this card. Humans are powerful magicians. You have the power to make yourself what you are right now but it's not your reasoning mind that controls your power. It's what you believe. We're a lot more powerful than we think folks. Whatever you want, just put it in the head man. Mugger eyes, let's take a look at it out here. We have the Dow Industrial's down 136. NASDAQ off 108, S&P's down 31. Gold contract down $5.50, trading at 17.26 an ounce. We have silver down 24 cents, $18.85 an ounce. Light sweet crude, taken a hit. $8.51 downtown, $95.58 a barrel, notes and bonds. So 10 year note, up nine ticks, trading 18.21, the 30 year up 20 at 139.11 and King dollar. Good ol' King dollar, up 68 ticks, trading 108.08. The Euro is at power with the dollar one to one. The yen is at a price point of $136 to the one U.S. dollar and the pound is at $118 to one U.S. dollar. iPhone number's 877, 9276648 gives a call folks, wanna know what's going on in your world and the world of the S&P's, let's take a look at them. What do you have? Bottom line, you get a lower market, you get a contraction of volume so this is gonna get really intriguing watching how this whole thing shakes out. If we take a look at the spy, you're down 320 in the spy. We have 36 million shares, yesterday it did 58 so we're not gonna basically do, we're gonna do 36, 45, yeah, about 45 million shares. And the number to keep your eye on now, there's two different numbers inside the spy as well as the queues that we're gonna watch. So inside the spy, it's 381.98. What that is, that is the high of July 5th. That's how we start going up, okay? Now where it can definitely get to is the 380, oh, this is even better. Oh, get down there first, interesting. So picture this, the swing low which has 112 million shares of the last leg down, right? The high of that is 380.65. We did 380.74. So the way that works when you're trying to test something is this, if it doesn't get there, then you would go right to the next higher bar with volume which is the bar that was on the 5th and that would be 381.98. So those are the two numbers and if it doesn't get down to the first number I talked about, you'd want it to close over the 381.98 if you're bullish and you're looking for a bounce. That's how that baby's set up. We're going to the NDX 100, the three cues, same type of setup in the cues. Cues gonna have a little more volume but they're not gonna have more volume than yesterday. So the cues are down 311. Yesterday we did 55 million shares. We're gonna do around the same. Now the cues are going into the bottom bar is, we're not gonna make that bottom bar. This is the bar we want right there. So it's 28708. That's the number to keep your eye on. If we can close over it, you'll get a bounce out here tomorrow. Now, if you don't close over it, it's gonna go right after that swing low that was established out here on the 30th. This is gonna be really cool watching how this whole thing shakes out because what you have here, this is basically a consolidation you're going back and forth. The volume characteristic is like, which way are you pushing and what type of force do you have on that push? That's what this comes down to. Gold, we're gonna take a look at the gold contract out here. Bottom line, gold's breaking lows and it has volume. Now this is really intriguing because we have 224,000 contracts. That's a huge amount of contract volume folks. So there's buyers down here because if that was a one-way trade, you get a big expansion of volume and that could get taken apart in a second. Now, inside the gold market what I'd be looking for is a close today above 1730.70. It's only four bucks away but that's gonna be a hard four bucks to get, I can tell you that. But bottom line, that's how it's set up. And we get over to King Dollar. We take a look at King Dollar out here. Well, we have a King Dollar. This is hanging tough at all, not all-time highs but all-time highs the last 20 years and you get King Dollar bottom line at a price point today of 108,562. Right now we are trading out at a price of 108,113. So a lot of moving pieces out here. Let's go take a look at that oil market. So oil, you know, you talk about a downdraft. Man, oh man, this is about as intense as you can get. Just giving it all back. Okay, last consolidation. So we have done 357,000 contracts. Let's take a look at this. Put this up here. Last time we're down. So the swing low there is 380,000 and it's 96,57. So you broke it, you broke it with 350, you get 380. Yeah, this thing is 7, it wants to go low. This thing is there, like if you really can, where's the swing? 90, yeah, 93 would be the next move. 93 would be the next move. And you know, folks, I want to thank everyone out there. So check this out. This is pretty cool, man. You know, we've been on YouTube for a while, no doubt. And we do some of these shows, okay? So we get a lot of views, but check it out. We reached five million views yesterday. Yeah, five million. Now that's cumulative, but it's still five million views, man. I mean, pretty cool. So we are psyched. There's no doubt about it. We want to thank all you tigers and tigers who's out here because without you we wouldn't have a job. That's the bottom line, you know? And in that context, you know, bottom line is that, you know, when I did that workshop, folks, I did a workshop and what we did do is that the workshop is archived. And if you'd like to get that workshop, the last workshop that I did, bottom line, you can, there's a full archive out there. When you get it, you know, it's time in the trade mythology, you know, goes through the whole business about two and a half, three hours and you get a book with it. So you go into services and you go into services, you'll see it right there if you decided that you'd like to get that workshop, go through that workshop, you know, with price and volume. Stay right there, folks, who come right back. We have the Dow Industries right now trading down 132, Nasdaq 107, S&P's down 30 and Microsoft. Microsoft is a culprit out here for, you know, a lot of these indices. Stay right there, folks, who come right back. At a time of glooming inflation, we are purchasing powers eroded. There's no better place to protect your harder and money than in gold. VISTA Gold's flagship asset is the Mount Todd Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in a tier one mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. VISTA Gold just completed the Mount Todd Feasibility Study, which resulted in a 7 million-ounce gold reserve in a 16-year mine life. All of this combined with the approvals of all major operational as well as environmental permits. This distinguishes Mount Todd as an attractive, diverse party, ready-development stage gold project. VISTA Gold trades on the New York Stock Exchange under the symbol VGZ. 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. 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 Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. Toll free at 1-877-927-6648 internationally at 727-873-7618. Welcome back, folks. We have Dow. Dow right now is trading down to 1-37. We get the Nasdaq F-104, S&Ps are off 30. Let's get over to our man, Mr. Basil Chapman, as we do each and every Tuesday at 20 past the hour. And don't forget, folks, Basil has an outstanding show right here at TFNN every trading day, 10 to 11 Eastern Standard Time. Also, it's a great newsletter, the opening call. Now, it's very easy to get the opening call, folks. Come over to our website at TFNN. You go under Newsletters. You're gonna see the opening call on the left-hand side. You just hit that View button on the opening call. You're gonna hit Subscribe and bottom line is you're gonna, you not only get a, whoa, how did I go, there we go. And so, you can get the opening call for one month, folks, for $149. You can get it for six months for 6.95, which is a savings of $199 at 22%. And you can get it for one year for $11.95, which is a savings of $593 at 33%. Now, once you get it, folks, you'll get on Basil's page, bottom line, he has approximately 10 to 11 archives there that you'll, has a great education to understand how he looks to the market every day, how he can ride the Chapman Wave each and every day. Basil Chapman, what's going on? Hi, Tom, how are you doing? I'm good, I'm doing great, man, yourself. I'm doing well, but this market has just been struggling, it hasn't broken down, it hasn't broken out, it is just struggling here. If we can consider it as a consolidation, yeah, if we consider it as a consolidation, that's one thing, but you know, after consolidating, you've got to make a commitment. So for me, the price movement in the Dow, it's so interesting. For three days now, we've been so close, even in today, the nine-period moving average that I follow very closely, just more for confirmation than anything else of a trend. When green from the pink, pink is negative, it means it's under the 14-period moving average, over the 14, it turns green. Yesterday, when green just momentarily, today, this morning during my show, it went green, and I said, let's see if we can hold all the way through the day, no, it hasn't helped because now the Dow's down 138. And within the patterns that I look at, you can see there's sort of, it's like a large rectangle, and within it, there's an arch formation. It has been making higher highs and higher lows since the high that was made in 31,085, around about, just at the end of June, and then it pulled back quite sharply. So this is an important pattern. And what's very interesting is that even in today, and I like to look at arches and cups and arches and cups because that's what the market is made up of all the time, but even in today, we're looking at, this is the 10-minute E-mini, and it went from a high around about three o'clock this morning, Eastern time, at about 38, somewhere around 38,60, and then it came down, down, down, made a low at about four o'clock this morning, and then almost in the same, the equal amount in a cup formation that went back to the high and it broke out of it just briefly in the 10-minute bar, and that was the high of the day, 38,76. And then it pulled back, and look what's, the reason why I brought this up is I don't want to see the low that was made just the other day and the down taken out because you can see in this arch formation, we had almost within three bars, 10-minute bar from three o'clock this morning to three o'clock this afternoon, we went all the way to the top and the same number of bars became down and we just touched the left side low. So you can see within the rectangle, there's this arch formation. So that's what I don't want to see in the down. Let me go back to the down right there and that's this inside bar. I don't want to see it arch over and come back. So at this particular point, I've said that 30,900, perhaps 800, that's really a serious cushion as far as I'm concerned in the short-term. I want to see a break within the next few days of the high of that was made the other day of 31,511. So that's the down. But what's really interesting is that we've got all these different patterns. We do, I mentioned the other day when you interviewed me that we had a stock called Sunopter Inc. I like for my subscribers to have all different prices for entry levels of positions that we take. In this case, it was an entry level at about eight. And it's plant food-based foods, beverages, organic ingredients sources, non-GMO food products and packaging. So this stock's STK-L, it's trading at 8.87. You can see what's really important in this particular environment. I look at what stocks are holding well when the market pulls back. So so far, this has done this cup formation. You can see in the daily chart, it's gone to a leg E and then a little doji peak E, which meant that I had to be a little careful we've taken some profits, nice percentage gains on this. But I'm watching it closely because here it is in this environment, it's up four cents at 8.86. So, and it's got a leg D in the weekly chart, beautiful cup formation here again, you've got your left side, right side price, time match the 9.01, 9.01 was the target back in October, the 21st, there was a high that I chose as this cup formation and we've gotten to it and it's holding quite well. So I'm being very selective for subscribers. We've got a big cash position. We're putting money to work, but very selectively. We saw along that dollar, we did take something off yesterday from the UUP, which is the dollar bull fund that we've been in since 2018, since April at 108.56, the dollar high today's in a leg E, it's done this one to one expansion to the upside, but the mag D is still strong and the statistics at 89% in the daily chart, the weekly chart is still 88% in the stochastic, mag D is strong and the monthly chart is still expanding in the nine pre-moving, the differential in the mag D is still expanding and it's flat in the stochastic at 88%, I love flat, flat on the 88% to 90% area is really good. So I'm watching the dollar closely because this is normally I'd be saying, hey, this is about, this is probably an area that it should be topping, but so far the technicals are still very strong and that would be a clue to some change in the market, but if this is still holding well, that's, I don't know if that's gonna be it. So I'm watching it closely and trying to put cash to work but being very, very selective. You know, it's interesting, Basil, is that the equity you brought up that, San Opte. Yes, yes. It's pretty cool folks, okay? So, picture, because Basil is from Newt and I'm from South Boston, we Kendall Square, that's where all the biotechs started, that's why there's so many other biotechs that are there and I was just looking at the company you're talking about, right? And it's pretty cool, that's in Minneapolis and where all our food stops folks come from the Midwest. Midwest, correct. You got General Mills is in Minneapolis too and then you got Kellogg in Battle Creek, Michigan, right? So I was looking at that and so it's pretty cool. You can see that wherever you have that type of brains then they start these other companies too, pretty cool, man. And in a way, I wouldn't be, just like the oil companies at some point are gonna take over more and more of the battery of the EV market, I'm sure. They're gonna have no choice but to do something there. So this is kind of a niche, it's really a very important, you brought out a very important point because this is an important niche in the food market. For many reasons, but the reason why I got into it, as I said, people who buy this particular product, I don't think they affected quite as much by cost because there's a choice that they make it. So that just said, it gives me a little bit of a cushion. But so far it's acting very well, yes. Great, you love it. Listen folks, you can come over to our website at TFNN, you're gonna go into the newsletters, you'll see the opening call right on the left hand side, you hit that button, subscribe, it comes with a 30 day money back guarantee folks, so it's a great deal. And of course we get a great trade in markets. Bows, you have a great one, safe one, we look forward to show tomorrow. Thank you very much Tom, you too. Thank you, stay right there folks to come my back. If you wanna take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metals sector as well as the markets that move gold, which is the currency and bond markets. News subscribers get a 30 day money back guarantee so you have nothing to lose. Every Monday morning I publish a Gold Report with coverage of gold, silver, bonds, DXAU, HUI, GDX, as well as more than 30 different mining equities. To see for yourself the types of profitable trades that are recommended within the Gold Report, sign up now by visiting TFNN.com. Don't miss out on the next great gold trade. Sign up today. 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. 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This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Welcome back, folks, to Dow. Dow industry is right now down 200. You get the Nasdaq off 130. S&Ps are off 39. And let's go to Microsoft. Take a look at Microsoft here. So Microsoft is doing a number on the way down in a monster way. You're talking about 11 bucks. And I suspect what this is about, folks, is that you have Amazon Prime Day. Well, this is a little bit different to Amazon Prime Day. They are out there also selling their cloud service. Okay, and I might understand this the first time that they've done that in Prime Day. And you can see that it whacked Microsoft at about two seconds at the open this morning. Now, it's gonna be intriguing watching how Microsoft goes into its swing point. So the swing point has 31 million, or 25. Now, it hasn't hit it. The swing point is 252.90, with hit 253.30. But it's always dangerous when you're coming into a swing and you have an expansion of volume. That's Microsoft. And of course, that's putting a number inside the Dow industrials. If we take a look at the Dow, what you're gonna see bottom line, I suspect is gonna be the number one on the way down. Yeah, it is. So, you know, you got Microsoft putting the 73 negative points, sales force 53, United Health 28. Now, let's bring this up. This is something you wanna look at, man. And I know this has been a loser for a long time. I was on the TD network this morning and I picked this one out for a buy. So, it's Boeing. And this is what you have going here, okay? So, it has the swing point. The swing point is at 147.58. Well, the bottom line is that you're doing 16 million shares versus 12. It's an ABC up. That's why I was on this morning. I was speculating, you know, that's what we're gonna have. Bottom line, you get the volume now. So, check it out. Your A point on this is 113. Your B point is up here at 147. So, we're talking approximately 30 bucks. Your C point is approximately 31. So, you got 161. 161's game. Well, you got a couple of gaps up here. It's gonna be, and ICE is laying out. ICE is laying out, folks, is 166. Now, when you take a look at this chart, this has been a disaster, there's no doubt. We take a look at this. March 2020 was bad enough. They hit it all at the same time. But look at this when you, you know, if you use price and volume, we're looking at this, man. This is a classic, man. This is a classic. It comes down, it comes down hard. It comes down with 740 million shares. Test it again with 621. Then, we test it with 239. Now, and there's plenty of space in between it. Now, watch this, that's technically, fundamentally, it's gonna get really interesting. Why? Because look at these numbers. And bowling's not going away. Bowling's a monopoly, folks. That's the bottom line. Okay, so, you look at this number, and if you watch on Tiger TV, you're gonna see they're expected to do 74.9 billion this year, 90 billion next year. This quarter, this coming quarter, they plan on making money from here on in. So, the next quarter, we'll see how this shakes out. They plan on making money, and they're gonna go from losing 25 cents this year to making 5.96 next year. So, something to check out, man. You know, that's very unusual, you know, when you can get an equity like that at, oh yeah, that's what I wanted to do. I gotta show you that. Not that it has to go to all-time highs. This thing is for something, I think. But, all you have to do is really understand the aircraft business and the business that they ran. That, you know, you're buying this at a 2014 price. Yeah, oh no, this is even better. No, 2014, not 2007. No, 2014 price. So, yeah, 446. 446 down to 167, big number. Now, check this out. This is pretty cool. I got this this morning off Larry Show at Jim Marlini. He was bringing up the dollar index, and this is pretty cool to look at if you're into Fibonacci. You know, my take is the dollar's getting tired right now. You listen, eventually it might go to 141, I mean, 121, but check this out, what you have is at the level we're at right now. So, picture, the high of the dollar index is 164, which is registered in 1985. Now, watch this though, this is cool. We're right at 0.382 of the whole move. We're actually above it a bit. It's 106.520. So, this is gonna be cool to watch, because this is why. We've been talking about the 121 area, right? If it gets a little bit further away from this, guess what, the 50% is 121, that's gonna be game. So, the cool thing is, and that's what's so cool about Fibonacci in general, is that it's a leading type of indicator because what happens is that you can, you know what the number is before you get there. So, pretty cool, man, no doubt about it. S&Ps, there's no help, man, let's take a look at this. So, let's go take a look at this S&P contract. But I can tell you this, when you do go down this fast before like a CPI number like this and you have a contraction of volume, it's normally pretty good. That's how that normally works. So, let me put this in the daily, this doesn't even work. So, you're into the bar, get the top of this bar is 38.25. Okay, so here you go, man. This is where it's gonna be. If we close, we're at 38.09, 50. And if you close under this 38.25, you're gonna go to the bottom of that bar. I mean, if you close at 24, something like that, that's different. But that's how that's shaking out. So, this is gonna be really wild, watching this can't come in. Let's go to the cues and take a look at the cues. You down to buck 66 inside the cues. Okay, so, to do the same exercise here. So, the cues, the high of the low bar is 6.96 and you're at 7.27. Yeah, so that's the bar to keep your eye on. That's the 30th, yeah. And we're right next to 6.96, really. I mean, you're only, right now you're 24 points away. So, we'd really like to see it do. You'd like to see it get down there, hit it and reject it if you are looking for this thing to bounce once again. Hey, we'll see where it's gonna shake out. This certainly is showing, let's go to the Dow industrials for a second and take a look at the Dow. Same setup in the Dow. So, the Dow, 30,971 and you're below it. You're below it by 100 points. So, the Dow is really already saying that you're gonna go to the bottom of this bar. This is gonna be intriguing tomorrow, man, because the aspect that the Fed is saying that they wanna get down to 2% before they basically back down on rates is a big, is, you know, we're not gonna be, this CPI, they're thinking the CPI is gonna come in somewhere about 8.79, okay? And, you know, you come in cheaper than that, yeah, the market will get a little breath because the dollar will get breath. The dollar is the whole game here, folks. That's what it really comes down to. What we haven't heard yet is off the large internationals that the dollar strength has hurt them. We will get that. We will, that'll be the next thing is coming down the pike, okay? It's just a matter of when, and I suspect we get earnings that are kicking off next week. That's when you're gonna start here and this deal about the dollar, about the strength of the dollar, and all of the above. If we go over to the Euro and we take a look at the Euro right now, you can see the Euro right now. Basically, you know, this one here just says exactly one, this'll be really wild. So, the Bloomberg says that we hit 1.00000, you know? I know when I was listening to Tommy this morning, he was looking that it actually hit 99.999, I believe, you know, bottom line, you get the gist of it. Go get some Euros, folks, you know? Because even if it goes to 87, you know, if you're gonna go get 5,000 or 10,000 Euros for a little vacation, it doesn't matter when you have to take the vacation, that's the bottom line. And you know what's so cool about that trade, folks? It's money, okay? There you go. Stay right there, folks, we'll come right back down. Down is down to 300, now it's six off. 160 S&Ps are off, 50 will come right back. This DeGold owns and operates the largest undeveloped gold project in Australia. The Mount Todd Gold Project. This DeGold just completed their feasibility study, resulting in a 7 million ounce gold reserve. This DeGold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing an accretive transaction. This DeGold trades on the NYSE American and TSX under the ticker symbol VGC. This DeGold executing a strategy to create shareholder value. 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Distributor, Four Side Fund Services, LLC. TFNN has launched the Tiger Zen. Hosted at Discord, TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours, the Tiger's Den. Available to all tigers and tigeresses for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Welcome back folks, Dow. Dow Industries right now trading up at 276. You get the NASDAQ at 120. S&Ps are at 46 and bottom lines. Let's go take a look at these volumes just for a bit to see. If we did have an expansion of volume are basically as, yeah, it's still, it's still light, man. You're at 460. You're going into 80, 44,000 rather, 44 million you're going into 81 million. So you're not gonna have that volume there. UVXY, so the UVXY folks. Okay, this is the Procia's UltraShot term futures. VIX futures. Funds seeks daily investment for fees that correspond to one and a half times the performance of the VIX shot term futures. Okay, so this baby here, yeah, the way this baby's set up, it looks to me like this thing just wants to go back up to this 1850, man. That's gonna be interesting. Yeah, that's how it's set up. What has happened is this, this is kind of cool in the aspect of understanding the VIX product in general. That product folks, the larger dollars, people are wondering why the VIX, you know, basically is not operating as it has in the past. You know, the bottom line is that the VIX and options in general, okay. What the larger players have been doing now is that they've been buying options on the futures. So you haven't seen as much play even on the way down as you normally would, because what has happened, my take on what has happened is this, is that when you look at the aspect of how markets have evolved over the years, right, you know, you've always had the equity market. We were talking about the Dow industrials yesterday that you could have bought a seat in the American Stock Exchange in 1974 for $25,000, okay. Bottom line, equities people used to. Then bottom line, futures came into the market, options came into the market. Now money managers are much, they're much more used to trading options on futures. And you know, once you understand it, it makes much more sense, you know, because the bottom line, you're going in for defined risk anyway. So if you're gonna leverage a portfolio the way to leverage that portfolio, particularly if you're going Delta-neutral. So Delta-neutral just means, let's say you have a portfolio with 100 million in it, right. What happens on the Bloomberg, I can actually hit a couple buttons and it can tell me exactly what I gotta do in order to leverage that 100 million as close as possible. And so that's what has happened dramatically inside of this downdraft, you know. So, you know, we'll see where the whole thing goes, but it's a very, it's the best way to hedge it. That's what it really comes down to. And people have got used to it. So that's why there's this many times that people say, okay, well, it's not going up as far as it should go up. It's not going as down as far as it going down. Well, it all has to do with what the six week option on the S&Ps have, you know. So when there's less of them, and there's less buying, there's less selling, they're not going to drive it as much. That's what it really comes down to. Some of the other higher volume equities that we have out here, let's go take a look at it. You know, Microsoft is out here, that's for sure. And then you got Advanced Micro is up a dollar. You got AMC's up 63 cents, NVIDIA's down a buck 30. Microsoft's the big bird. Tesla's down $8.51. You got Oxy off $2.30. You know, let's go over to Tesla because good old Elon Musk, it's going to be really interesting watching this one whole shake out. That's what it really comes down to. Meaning, you know, is it going to have to come up, you know, with basically the speculation right now is that the attorneys, of course, are going to make all the companions on both sides. That's going to be the deal. You know, and more than likely, we're on the path to have a settlement. And real question is, is that, you know, I almost can't see him going for a settlement. That's where this gets really intriguing. Because the fact that, you know, you get speculation out there that he'll have to come up with $6 to $8 billion, which, you know, is like monster amounts of money. The thing that's get TWT, let's go look at this for a second. I'm really curious as to, you got TWITTER, right, 33. Yeah, check this out. You know, if, this is pretty amazing actually, because if he loses and does have to come up with like $6 to $8 billion, that's as much as TWITTER does the whole year. $5.8 billion they plan on doing this year. Let's go take a look at the GDX for a couple of targets out here. So the GDX right now is trading at down 42 cents, $26.25. You're coming into the swing low. The swing low is $2,604, has 24 million shares, you only have 13. What I would do is this, you know, it is testing on light volume, but you might as well let it test, you know. That's how this is shaken up, because this could blow this away in two seconds, man. And if it does, then you get a monster ABC structure on the way down, you know. I'm bullish to market, I can tell you that. I'm bullish to market, I didn't buy the GDX. I get a couple equities right now, but I just let this one play out, you know, because the contraction of volume is huge inside the GDX. There's no doubt about it. You know, it's coming into, you're coming into 698 million on a weekly, and last week we only did 85 million. You know, that says quite a bit. That being said, though, you know, one day is not gonna kill ya, because what happens here is that this print will come out tomorrow. And, you know, my take, okay, so my larger take is that the larger ABC structure is still in place, and you know, if you get my newsletter, you know that in spades, okay? And that's where we're going, that's my take. In between that, though, right now my take is that this wants to bounce once again. This is what the really cool thing is, folks. When you get a bear market, we're gonna be going down for a while, man. This is not gonna be like, you know, this is not gonna be a turnaround and like happy days are here again. You can have happy days in these routes because when things do settle down again, which is gonna be, who knows, six, seven, eight months, you know, you won't be able to get movement inside the S&P like we've been getting movement up or down. You know, right now inside the S&P, you can get 20 or 30, 40 points like nothing, okay? We all know that doesn't happen if you've ever traded the S&P or the NQs, okay? The NQs move 120 points in about a second. And you know, the NQs, that's 20 bucks a point. The S&P's are 50 bucks a point. So it's big dollars both ways. And if you understand cause and effect and energy in the marketplace, that's my take on that's why we're gonna bounce here because there's not enough cause that has been built up to bring your next leg down. That's how this is shaking out. It's showing to me that it is cause for the way down because when we go back top side, I expect the volume's gonna die again. That's the route. And then the larger picture is that you already took out the B point in all the indices with wide price spread, accelerated volume. There you go. Stay right there, folks, we'll come right back. We have the Dow, Dow Industries right now, down 210 NASDAQ off 117, S&P's off 37 will come right back. 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 to stay on the cutting edge of technology. His weekly 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. 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Okay, so if you're watching Tiger TV, we hit the high of the low on the spy, man. The high of the low was 380.62. We hit 378.90, and this is gonna be a close call coming into the, we should have the Greyhounds running, man. Anyway, you close over 380.65. That's a rejection of lower price on lighter volume, tremendously lighter volume too. You got 49 million shares versus 112 million. I like that setup, man. Okay, NDX100, three cues. Let's see what we get in the three cues. Three cues. We hit 284.61. That didn't hit that bar. Okay, so the cues are a little bit different. Now watch how the cues go. So we have to go to the 287.08 bar. Now we're 286.44. Now that bar, you're gonna come into that bar with 50 to 61 million, but not bad, you know. If it can make itself over that, that'll be a different ball game. So what do we have? That's divergence, folks. That's still telling me we're going top side. It's, you know, we'll see how this shakes out. Let me go to the composite, because I believe the composite also, that came back pretty quick, man. So the composite, that number would have been 11,323. Nope, it's not there. It's not there. Until tomorrow morning, it's gonna be a wild one, folks. Join Tommy, nine o'clock in the morning. It's a great show. Now it's your turn, folks, to bake and Chloe, I'll hide out the bulk and run you over, and thank God, there's always another trade. Have a great night, folks. Have a safe night. Join Tommy tomorrow morning. CPI coming out. Yeah, look at him, folks.