 The following is a presentation of TFNN, the Tiger Technician Hour. With your host, Hazel Chapman, call now. Call free at 1-877-927-6648. Hazel Chapman here on this Tuesday the 19th of September. Down to 145-34479. Let me just go back to this. Oh, I haven't got it. Let me just put it in right now. This has been a very busy morning. I had a Zoom meeting up until just before my show. So now I'm trying to catch up to everything. Let's go to right there. So you remember, I made a big deal for months. Weeks and weeks and weeks. Now it's going on for months. About the indicator of last resort. That is the 914 moving average. So crossover that is. So within that context, what have we got? Right as we are looking at the charts at this particular moment, I'm looking at, oh, come on, what's going on? A little slow there, huh? A little slow there, huh? Maybe it'll hear me. There it is. So what we're looking at here is, this is the Dow. We waited and waited and waited for the green to go pink, meaning negative on the 914 crossover. We use this peak right here on August the 1st, using a different indicator in the Chapman wave. This is the conglomerate, the overall umbrella that I use as a Chapman wave methodology. We used a particular indicator to get us that exact high on August the 1st to go short the Dow. But we had to wait and wait and wait to confirm that there was a cell signal to a cell mode by this pink 9-period moving indicator. And what happened was just for one day there was this big pop-up the other day and I said, I think that's temporary. We're staying short. And look what happened. It went pink yesterday and today it's pink again. So within that context, look what we've got for the first time and the day is young. I mean, not even an hour intersession, 37 minutes or something like that. And what have we got? We've got a pink 9-period moving average in the S&P. That means that I'll switch between each one. So this is the white background. He has the white background with the daily weekly monthly charts. And look at this, S&P arching over. Went pink, day's young. It could change back to green again. But in the meantime, that weekly chart is so important. Look at this. The vertical line from this mid-July high at about 40, what is it, 46,000? I should have put that in. I was at 46,000 and two or something crazy like that. 46,000 and 7.07. When we went to the recovery high at 45.07 on the 27th of July. Look, here's the weekly chart. Look how weak the MACD was. Look at the stochastic. The on-balance volume, even though it was positive, was way under the previous one. But the determination of this 9-period moving average in the weekly chart still hasn't got even close to being negative. So as I've said before, it's going to be, you've got your little rudder. You've got your little speedboat that makes the quick turns. Then you've got your bay cruise ship that goes around the bay that makes turns but not that quickly. And then you've got your super tanker. That's the monthly chart. So this just says it's taking a while for this intermediate term, the weekly chart, to cross negative. I don't even know if it will. But in the meantime, we have to use the dating. The dating says down 21 at 44.32, the deeper it goes down today and the day is young. We can still have a pretty decent balance. We're going to be watching the distance, the aperture between the 9 and the 14-period moving average in the dating chart. Look at this. Oops, I didn't want to go there. That's the intraday. Look at this. Yeah. You've got the S&P just turning pink. You've got the QQQ just turning pink as we speak, down three at 367.67. So that just says you've got an arch formation occurring right here in the dating chart. This is a dating chart. This is the QQQ. The gray line is the intraday action of the QQQs. 9 is the 9-period exponential moving average, 40-period moving average. And it just crossed negative. Day is young, but so far it's rolling over. And you can see it right here in the day. But look at the weekly. Look at this. The dating chart just making a rather large H to M pattern. And you've got a potential. I'm going to draw these in now because I like to be ahead of the game. And that just says there's a chance that you're going to get a lowercase h. But if you take too much time, you're going to hold steady here and you're going to have a successful test of the left side low. In this case, that's the low of, that's not 4335. That is the low of 4335 with 31 in the QQQ, I'm still looking at the S&P. In the S&P. Look at the QQQ. Same thing. The 9-period moving average in the weekly chart is still great. Just turn pink in the dating chart. Look, you've got repelled. And whichever way inside, track repellent. So look at the estimators, which were short. And some people, if they were lucky, didn't get stopped out of the new position we put on yesterday. The aggressive position three times short. We got stopped out for a very tiny loss. I should have widened the stop. But I thought it's either going to work immediately or it's not going to work. So we've had tremendous success with this. But today, not so because the stop was just a tad too tight and we got stopped out. But we're still short. There are semiconductors from two points under the 161.17 all-time high. And it's now at 145. And here you've got your arch formation. This is telling us how important this inside track right there, inside track support level is. We're sitting right on it at this particular time. It tells us that for the first time, the 14p moving average is actually moving down a little bit together with the nine. But that doesn't mean to say it's going to cross negative. But the low that we're looking at is 143.35. And you're 145.83 right now. Monkey chart is fantastic. 159.42 was the high of November. And the semiconductors make it all-time high. We did two points. It goes to one. That's the two points. 161.17 was the high in July. Isn't that amazing? I mean, talk about, I love this technique. Look at this. Carvana. We had one of our dentists was saying, CVNA was looking at this and asked me about it. And I said, no, I think it's still going to make a leg D. Well, it did make that leg D. And now look at this. 57.19 was the high in July. And it pulls back to the 35. And then it runs 22. It goes all the way to 56.84 sessions ago. Unbelievable. Look at this beautiful cup formation with a price tie match, makes a double top with no new high. And now it's pulling back. So these exact double tops and double bottoms, we're going to be looking at in the TLT. 92.23 was the low two, three weeks ago. 91.83 was it? 91.85 was the low in October of last year, the low of the market actually. And now look at this. We're arching over and tipping over. Is it going to hold you or is it going to break down is the question? Double bottom. Let's look at the IWM. Has already been pink for a little while now for two days. No, no, what I was saying for two days. I mean, even two weeks ago, when it looked like it was across green and didn't get deep like the lower, not a good action. It's out for 52 cents. The 181.85 Gazel Chapman Tiger was out. That was down 117. You're being right. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Romeo Bryant 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. 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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. Toll Free at 1-877-927-6648 Internationally at 727-873-7618 Hi folks, so let me just get this organized so I can be better around. Okay, so we're looking at the IWM coming all the way back, retesting, almost retesting the left side low, sitting on the 200-period moving average, and the weekly charts is really basically a rectangle that's gone into an H to an M to an H pattern. So talking about the H to an M pattern, quite a few questions came in and even to a person I was speaking to, some people that I was speaking to who had one of those really big investment companies around the world. Just a short while ago, we were talking about different things and we were talking about the bonds that the Fed is going to ease up now and that we could be getting into a low in yields. And I said, well, so far, every indication has said that there are key levels to watch. So I'll tell you the levels that I was looking at. In the dreaded H pattern, when you take time, if you don't fail at the first or second peak, peak A or peak B like this went to peak A and then a peak B and here's your dreaded H pattern. I'll show it to you in a moment where it looks like for those of you new to my work. Gosh, got to get that sneezing, I guess. So when I'm doing chart formations, basically what I'm looking at is, all right, yeah, I'm looking at three kind of core patterns. This is besides the rectangle patterns and all the others, just directional moves. And essentially what we look at is straight line moves. Now, why is that not moving? Uh-oh, am I stuck? Don't tell me. Did I do something wrong? Oh no, I added an extra chart. But let's just see, this works, right? Yes. Oh, okay, I've got the wrong thing on. Let's just put that there. Why did it disappear? Why did it disappear? Let me go back to this. Oh, there it is. Okay, good. That's what I wanted. I wanted to show you the pattern called straight line up, straight line down. That's a straight line, straight line, straight line, straight line up. So you can have little bumps. But basically it's going from one point to the other very quickly. But you also get cup formations. That could be a V or an inverted V or an arch. So you've got one, two, and one, three. You've got straight line down, arch formation called the dreaded H. Because why? If it takes out the left side, it usually goes to peak A or B. And then takes out the left side low. It can be very, very sharp pullback. If it goes to a peak C or a D, three or four higher peaks, it means you've used up a lot of both upside and downside energy. And sometimes you start to stall quite nicely. You might take it out, but you kind of treat the left side low as really a good cushion. Not always, but a lot more often than this dreaded H pattern. So this is the TLT and the daily chart. Let me just expand this for a moment and take you to stretched out version. Right there. Look how many dreaded H. There's a large one. There's a small one, small one, small one, small one, small one, small one. Small that goes to a large D. And the D says you could hold just underneath the left side low, which it does. But then it makes another arch and a peak B fails and it goes smash. Peak B and it goes smash. Peak C and it's stalling, stalling, stalling. So there's a chance that 92.23 to 91.85 or 83, was it, on the left side from October of last year, that could become quite a good cushion. It's a beautiful thing when you look at this left side, right side price, time-match and it went just a little longer to almost the level. But now what I'm looking at is what are the ingredients that would tell us that the yields are going to go higher. Now, because a lot of people are asking this question, one particularly right now in the den. Hi, Basel, please review TLT. Yesterday a nice engulfing candle. Today an inside day so far, despite the weakness, the risk can rise from here. Might we have a successful dreaded H, aka an H of hope? I like that, that a bottom is in. You know, A bottom is not the bottom. So yes, A bottom is exactly what I'm talking about. You say there could be a deflection loss. Now this is because I know what you're talking about when you say a bottom, you're meaning a bottom in yields. Therefore there could be a decent rally in the market. But then you need the dollar. You do need the dollar at least to show some more serious weakness than just three days of a slight breather. You need the dollar to be down at not 105.01 right now, down 8 ticks having made a new recovery high on the 14th of September. This is a daily chart. 14th of September at 105.44. Let me just type that in. 105.44. You also need to see that the, and I would put gold in this category because if the dollar is going to be pulling back then gold should rally sharply and it's really struggling. It's unchanged in 1953. It looks to me like that 200-period moving average. It's just such strong resistance right now that you break above it. You'd have to see the dollar literally plunge two points, two and a half points and gold has to get close to 2019, 1992, 1998, somewhere in that area very quickly. You have to see the TBT which is underneath the previous half, 36.44. With the MACD, look, the MACD is just, it's okay, it's positive but just okay. But look at that stochastic at 91%. I never fight that flat stochastic. You see when it makes a big turn and it comes down, you turn and you come down because remember the stochastic is representing the price. Look at the price of the, whatever you're following. Look how it follows this. Look how it follows the MACD so well. So in this particular instance I'm looking at this and saying it has to be news that just absolutely changes direction and I can't tell you how many times I've waited and waited and waited for the Fed to make the decision to get a huge market turn. It works out differently. It isn't the Fed that makes the big market turn. They make intra-weak fluctuations, serious ones, but very seldom. Once I remember buying the DXD for subscribers that's the two times short the Dow after the Fed speak and I put out a note at about 230 that day and it worked out well but most of the time I could have done the same trade the next day or had no trade at all. So what I'm saying is what you need to see is not a break to the upside to start a strong lot G slash C but a huge leg C in the daily chart of the TBT that is the short side of the TLT because they're both getting close to in this case resistance and the other case support and if you're looking at the weekly chart I don't see anything yet in this weekly chart look the MACD is strong very strong for the MACD to go negative you're going to have to see us smash to the 3183.18 level it's a 35.86 right now and the price is way over the nine yep it's struggling on the left side to get above that but everything here is good actually at 80% if it goes down to 77% then I can see a pullback so I would prefer not to like put all your chips on the table other than to say yeah we're at a point now just look USDJPY this is the currency pair between the yen and the dollar USDJPY look at this it's starting to stall it did make that USDJPY and it's flattening out so and the MACD is still good oops the MACD MACD has gone negative the stochastic is still at 90% so there's still internal spent here so it has to be a process or an incredible smashing reversal to the downside in this case with the yen 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 it's a great time to try out Teddy Kegstad's Tiger Forex report Teddy Kegstad 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 influence forex markets tremendously when you sign up for the Tiger Forex report you also gain instant access to Teddy's 60 minute webinar 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TFNN 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 The answer is that yes I can see a little optimistic kind of turnaround about but the key trend using my 9 period moving average 914s says that a lot has to happen to change those to go back to positive after all this time so let me just do a couple things I wanted to show you I can do that now yes so wait in the den I never hit my CL stop is that a CL meaning Colgate palm olive stop in 92 I'm not sure well oh you know I used to have these all notated anyway I'll do them again so look all your defensive stocks are not doing well look at this Colgate palm olive PG you can just go on on look at this week not as weak as some of the others but yeah weak look at GIS this is the the XLP this is a select there we go look this is the right way wait it was just to wait about four months ago General Mills was trading in the 90s it's at 66 it's 30% decline XLP look here it is the uh there we go S&P select consumer staples spider fund look making dreaded H's lowercase lows I mean just keeps doing that the big test is coming here in another couple of days will it hold the 70 is a 69 or 70 in this low right here it's at 70.85 it's trading at 71.12 it's almost there and that goes back to March in a big alteration at a peak D peak D in the D in the weekly peak E in the monthly that's why I'm saying this is a little bit more serious in the sense that what you would expect that the S&P select consumer staples would be doing well but look at my DBA this is a subscriber DBA this is DBA good cultural fund you remember we were talking about these double tops how about 22.38 you peak D in the Chapman wave peak D in the Chapman wave means that the objective of buy signal to buy mode is to get you to at least a D in the Chapman wave and then other things can happen wow 22 38 down to 21.04 back to where 22.38 three days ago look perfect well it's not perfect it wasn't the exact low but to the measurement that I had beautiful left side right side price time match with the bar symmetry this is the plum line moved it to the right but look at this it's holding and it hasn't made leg F in the weekly chart because it's stored right there but this is the agricultural fund and this is what I mean about a bifurcated market look in the DBA agricultural fund you have wheat well wheat look at the 200 period moving average resistance right there in the 760 what is it 587 right now plummets look at this soybean a dreaded H pattern right here fails into PEC monthly charts still very good weekly chart already starting to fail but the 9 hasn't crossed negative yet look at corn corn is at a low right now and yet the DBA agricultural fund because it has the mix of sugar almost at a new high sugar is at 20 oh sweet tooth America 27.61 up 26 leg D and I asked about this the other day yeah so the DBA is working because of this one thing sugar so strong because the others are pretty weak alright so I wanted to look at question came in about Microsoft Microsoft is about to make a dreaded H pattern ops I didn't put that in correctly there let me just get rid of that edit needs a plus sign over the D right there doji canal pulling back so Microsoft doesn't look horrible but it really is struggling let's put it that way and look at me all time high three months ago mmm did I say all time high yeah that is an all time high in Microsoft way all time high oh wow is that a my oh yeah all time high so 349 was the high in November of 20,000 and 21 and lo and behold it goes to 368 wasn't 366.78 in July 360 x did I say 7.8 I can't even remember now yeah and there it is a 325 so it's starting to fail Apple type there look at this Apple where is it now it's down 47 cents at 177.51 there's your dreaded H perfect at 198.39 high in July the rallies fails at peak A and it goes A minus because it plummets and gaps down then there's a big peak A to B and it fails and it's failing right now 171.96 was the low in August and here is at 177.48 with the week 9 period moving average below the 14 so the answer to the question is yeah I can see bounces but I don't see the big move as if to say this is the low and now we're going to screw to the upside not yet I think we just we need a little more time and certainly a little more price in some aspects so this is Apple I've got all that in I should take it away that's from it before it split way back there 233.7 47 was the high in October of 2018 2018 but that's before the split so that would have been right here was at the high was at the low must have been the low about peak D right there this is your peak here right here so today's price is 58.37 and that was back in 2018 so isn't this interesting it made a new all-time high three months ago Apple and now it's pulling back 182 at 94 was the high in January of 2022 and 198 0.29 in July look at this double topping and pulling back so that's why I'm saying you've got to be careful here that's all so now I want you to just show you this so the estimators it's really important that a question about about the estimation where do I think it's going to well is I can't tell you where it's going to because I haven't yet I'm real close to a cell signal in the weekly chart and I'm it might turn out that the cell signal gets upgraded immediately to a cell mode if it goes by Friday any day that it closes under 143 that's going to impact look it's going to impact the weekly chart of the jam web inside track propellant zone because that'll become a repellant zone make these weeks the casings very weak at 42% on balance funds week 9 period moving average is declined but it hasn't crossed negative it'll take 136 before 137 before the weekly chart of the SMH turns down so when we shorted right there two days after the doji candle have 161.17 on the 31st of July because sharply pulled back to 143 for 143 was a low of 142.98 way back here in June so it tested it and had a really strong balance APB peak C peak C says yeah maybe there's enough support in the one low 140 to actually have a bit of a balance you can see that everything is close to having good news give a balance we'll have to see if it does that there's a chance of saying doesn't look too good today I'll be back does down 100 200 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 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 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 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 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 daily S&P biotech 3 times bull and bear ETFs visit directioninvestments.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 principle 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 yeah so this is a 10 minute chart of the many look at that arching over I took out key support and it's almost at a one to one to the downsides getting ready for just at least another bounce attempt whoo this is ugly action down 30 right now let's get back to this so the questions came in so um high grade copper high grade copper not acting all that well making the lowercase H actually it's more like an arch formation right now I wanted a question came in about uh heating oil H.O. is that pulling back well it did pull back now it's having a nice session a green session and the night period moving average is still very strong I wouldn't fight this and you can see look I drew this in yesterday the heating oil monthly chart it's got this inside track repellent zone wow if it climbs into the at 3.37 this is a continuous contract if it starts to climb into the 3.60 whoo that's going to be a sign to say we're going to tackle that resistance level again that's so heating oil is and this is you know we're starting to see heating oil to become a reality as people start to the weather starting to get a little cold here in the northeast the question came in about um I did this oh it was oh syntax one of the ones that I've been watching for decades as a key ingredient in telling us about uh let's see is that yep that's it this is an F slash C right here in the daily chart F slash C uh the weekly chart this is an F it's getting a little tight in terms of um a notation F is where you're going to be a little bit careful but that's all because it's doji candle so far it's a leg E in the monthly chart wow this is an all-time high so if if syntax overalls uniforms rentals is an all-time high what's it telling us is the feds going to do I I have to tell you I I think the feds kind of stuck I don't think they must change any other action so they must if they can do whatever they want obviously I'm just saying from the chart pattern that I'm looking at I don't think I see anything yet that says to them that they're chartered the one that they've claimed that they're following should change uh because look even the homebuilder so this is syntax wait a minute let's go to builders BLDR builder this is builders first source ink building materials um manufacturers everything for the uh not everything but a chunk for the housing and the for the building area peak C doji candle last month quite a steep pullback from the 156.84 level down to 129 this is saying yep there is a bit of a bit of a problem here Home Depot same sort of thing look at that plunge in Home Depot and told brothers but told brothers if you're looking at the the um look yes told brothers turned around today so now it's down to $10 but that monthly chart is still a really strong leg E looks like it almost looks like the uh syntax chart made an all time high it wasn't an all time high uh told brothers back in no it isn't an all time high gosh look at that all time high in 2005 uh June was 53.73 and here it is 20% high at 76 huh interesting huh not all of them have done that so the HGX index that's the HGX housing for the Delphi housing index uh is down today but only a little bit and the monthly chart has made this dreaded H pattern now I have an alternate count that I'm keeping active here that's an E as an F slash A and G B goes to a C uh oh oh from here so this is the one that says A B C D so there's a way of counting this because in the chapter methodology it shouldn't fail seriously at a peak C so I said I must have missed something so this is the alternate count that says everything about it at this particular point says there's a good chance that's a peak D so we're watching this because the moment any time the next three weeks if the HGX Philadelphia housing sector index which has a Chapman wave overlapping wave at peak C should go to a D at some point but if it starts to break down and go to the it's at 29 if it starts to go to 505 between 505 and 495 that's where you'll start to see the green 9P removing average turn peak hasn't yet so next question came in so um Disney in YouTube the question is uh thoughts of Disney leaps so leaps are like options I'm not sure you can even call them expiring options I think they just go there they are uh very small price of whatever the instrument is that you're looking at so I would avoid looking at leaps right now but remind me in about two weeks time as we get to the end of September beginning of October that's when I think you can look at leaps if you're if you like with Disney I would I'd wait I'd say 67 points does make a difference in leaps if you're going out to January or February of next year if you're going out even longer than that then I you know a couple of points doesn't make a difference but I would wait because I don't think Disney's quite finished this down roof remember we were looking at the uh the what did I say it was with the rising highs uh in the monthly chart well this is exactly the same thing but it's upside down there's a lower lows uh what was it wasn't some test it was what did I get when I look at just a little while ago oh my uh wasn't some test well it doesn't matter whatever it was going up like that um now we're looking at the same pattern but on the downside so I'd I'd wait for it to get into this inside check in the monthly chart so that's Disney next question was about all the gdx left behind a gap uh from 11 422 I don't have opinion of gdx's building course to close that gap do you have any thoughts of support to support this idea who now let's see where the gap is gdx oh wait there was another question down let me just get to that yeah I'll do that in a moment so the gdx are you talking about this gap here is this a gap down a gap up 11 4 11 4 2022 I didn't even see it oh 2022 2022 2022 let's just open this out and we'll go there alright okay so here we go 20 22 here we go right there oh you're talking about that gap right there but that wasn't was it before yeah that's it so you're talking about this gap right here you know I can't do things like that remind me when it said that was that was around about 22 and it's trading at 2950 right now there are so many other levels of support I'd have to look at first once those goes absolutely but first of all let's just look at this it's gone green line speed moving average the gdx gold mines down 27 cents at 2948 it's really holding very well at this particular point I would just say this low right here the doji candle of the 7th of 2023 not 2022 at 2816 that's your first you take that out and then all of a sudden you're looking at a lowercase h that looks like a lowercase m I've already drawn it in then you're going to say okay now it's a fullback shop so no right now I'm just saying gdx is holding pretty gone well silver silver is also holding pretty well but it doesn't look good under the 20 period moving and take one step at a time doesn't give you say something like you might think that if you want to be successful at trading in the stock market you're going to need a 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we're looking here some questions um okay as you speak about tlt monthly liquid relation to hfnn as well okay yeah so we've just got to watch those support levels so amazon right now um so amazon this is very interesting in the in the last segment we've got here amazon made a peak d there we were waiting for that peak d it made that peak d and now it's starting to pull back but it hasn't got it down I have to wait for the day to see if this is a sell signal everything so far says I should call it a sell signal but I'll put a plus sign just because I have to wait it's a daddy chart wait for the end of the day and the weekly chart you made your peak in I was like a drop drop bucket pattern that H2 was talking about drop bucket pattern is where you make the cup formation and then it fails and basically it's like a backhoe that has this big bucket grabs all the soil puts it and drops it there's a drop bucket all right so we're watching that for the TLT IWM doesn't look very good at all LAC it was a question LAC lack LAC is lithium something other what is lithium oh so amazon so right here this is a peak d another d in the chat way methodology right there peak d putting back from the 200 period moving average down a dollar seven I wanted to just finish up that amazon um weekly chart still looks fantastic so the RTH which is the retail index which does have amazon 20% made it peak F yes your peak A peak B peak C and now it's turning down peak E in the daily in the weekly you be careful XRT is the one that doesn't the amazon is equal weighted this looks way worse this is retail look there's your dreaded H in the monthly chart I have to tell you just got to be really careful here don't agree we had a screamer today that was short of thought would work we bought it way below yesterday's high and yet it's still pulled back really quickly thank goodness we had a tight stop we're done we're out and I think you got to be very careful even our UEC we've taken tons of money off nice nice games starting to pull back and nothing technically in this particular in this uranium