 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 our man Alan Homo Sasa. What's going on brother? It's isn't it wonderful I went ahead and invested in your tiger dollars and I went ahead and got your gold report for a year and and also your morning your year call letter and stuff like that and I got over 50% return in one day not counting everything else but I just want to thank you. Tom's not perfect but he tells you how to put your stops in and keeps your losses small. You can take your small losses but then all of a sudden you'll be like Dave Root and you'll hit a home run. I mean a big home and put the money in your pocket. Okay brother you're awesome man thank you. Now Tom O'Brien. Welcome folks this is Tom O'Brien of 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 everybody's having a great day safe day. It's making a great night folks. This is a funny card. I'll read it and you can go from there. Be impeccable with your word. Become a white magician. But where do you hear this card? All the magic you possess is based on your word and you can cast spells all the time with your opinions. You can either put a spell on someone with your word or you can release someone from a spell. I don't quite get this one man. Mug it wise. Let's take a look at it out here. We have the Dow Industries down 18. NASDAQ off 115. S&P's down 14. Gold. Gold contract down a buck 80. Trading at $19.45. We have Silver down 47 cents. $22.97 an ounce. Lace we crewed up a buck 42. Trading out at $72.61 a barrel. Notes and bonds. To get the 10-year note flat 113.10. The 30-year up-for-ticks at $128.06 and King Dollar. King Dollar's down 468 ticks. Trading at $102.073. The Euro's at $109. The yen is at $141. The British pound is at $127.00 to one U.S. dollar. Our phone number's 877-927-6648. Give us a call folks. I know it's going on in your world. In the world of the S&P's let's take a look at it. Well we're going to start with the E-mini because I'm going to show you with the E-mini here that the spreads now in summer trading and compared to what we've been used to folks the volatility has slowed down dramatically okay and you can see you know when I did the update there's no doubt we I got the bar that you know basically I was looking for because what's happening and we got an expansion of volume on this bar because if you're watching Tiger TV you're going to see we have a high volume low on the S&P that 4403 is a high volume low that's the first part second part when we got up into the 4438 bottom line is that that was coming against volume on the other side was at 30,000 I think we did 12 we did 27 against 30 so you know we'll see how this shakes out it just got inside the lower range because once you're back inside of let's see 4421 we're just here under 4421 our probability gets higher that yeah we're going to get down there right now it's teeter in there it got into the 4418 you know I suspect it's going to have to build a little bit cause here but you can see this expansion of volume just on this bar this bar it's okay so it just finished and had 27,000 contracts on the way down so and on the way up which was a little sound straight was still only 24,000 so that sets up that it doesn't want to get hit now that being said the MQ's don't have the same well here now let's do the spy so that's the daily okay intraday rather when we look at the daily this is you know there's not sellers out here man yesterday you know bottom lines that we came back we pulled back with 76 million shares you get 50 million today you know bottom line is that you're coming into 95 million so this is a basically a vanilla type of pullback after something that's been up that high you know we'll see where this thing wants to go but there's no sellers right now the NDX100 we take a look at the end cues so let's just go over to the cues first we take a look at the cues and we have with the cues same type of setup yesterday you came down with 49 million today you're at 42 that's coming in to 57 so we'll see how this shakes out now what does happen is this this is where this gets intriguing when you this is like an inverted like a hachew but it's inverted and what I have found with inverted hachews right is that it's going to be like tomorrow is going to be a well we'll find out what's going to be a big day but if if a market does want to go lower this is where it would basically have a much longer bar that when you when you look at the aspect of how these hachews work um right when you you know ready that we're right with the longer part of it comes out and if in fact there's going to be a sell-off that's where you'd get it so if we got the same type of trading as we get out here today that's just saying that guess what you got a slight pullback you're going to go to higher price we go to the gold contract gold contract right now has an abc structure down inside an abc structure down so your probability that you're going to get to lower price is pretty high we got down to 1929 today it did reject lower price at 1929 uh that being said it hasn't got above the b point again of the second abc down the second abc down the b point is 1949 this abc structure down here sets up an 1875 number and a lot of the swing low on this contract is 1846 so you'd still be coming into approximately so it's 1902 and 1875 so the live the live date here is march 10th if you're basically looking at your you know your stocks march 10th march 13th uh the days you're you're going to want to watch notes and bonds notes and bonds regardless of what the fed wants to do out here they continue to want higher price lower yield what we had out here today you rejected 112 27 you're at 113 09 bottom line we'll see how this shakes out we've been here for four or five days right now but my take is this thing's going to go right back top side and when you're taking a look at the 10 year the 10 year right now is yielding 3.7 and that brings us over to the dollar the dollar is really weak man you know that being said uh you can see here let me put this intraday because if if the s&p wants to go down and basically test that low um what we're gonna see yeah see there was there there was the can you imagine this look at this folks that the dollar hardly moved and the s&p moved uh let's see it moved i think it moved like eight points since i was it was down it was it was down or now it's only down 12 yeah it moved a good five points and the dollar only moved from 102 0 2 2 to 102 0 7 4 so it's been a one-way move all all the way down in the dollar today that is what relieved the market and the market goes up so the correlation is a very direct and tight correlation stay right there folks who come right back we have the dow the dow industry is down 13 as except 102 s&p off 11 will come right back 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 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 are you looking for a way to consistently add winning trades to your portfolio tom obrien is here to help tom obrien has been successfully trading markets for over 30 years a frequent contributor to td ameritrade network and cnbc tom obrien 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 markets 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 obrien'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 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 for free at 1-877-927-6648 internationally at 727-873-7618 welcome back folks a doubt down this just down 21 nazis off 103 s and p's are off 12 if we go into the end the x first and take a look at the strength versus the weakness you have dollar trees up four and a half percent what is this one here oh costa interesting that's interesting that's all about real estate i'll pull that back up again that's up for 2.8 percent you have a baker hughes up by 2.8 percent and orally automotive is up 2.3 taking away from it intel's down four and a half percent crowd strikes down four and a half percent amd's down 4.4 percent and zoom is off 4.7 let's go a bit of costa for a second i gotta see this so costa folks is used for basically commercial real estate because all-time high what a trip man that i guess now that would make sense you know why that would make sense the lowest 55 the highs 88 the reason that would make sense is that that the amount of data that they actually have even that commercial real estate in many cities is in the dowel drums in a monster way but if you were going to go in and try to basically get some you know grave digging here uh that would you would want costa it's really expensive but you'd want that you'd want that information because what costa has which is really hard to get in the commercial market are rents rents and leases they don't have mall but they have a lot of them we go into the dowel industrials we take a look at the dowel industrials strength versus the weakness point wise inside the dowel we have united hell putting 48 positive points visa 12 honeywell 11 chevron 11 taking away from it sales force minus 38 goldman minus 25 microsoft minus 21 the silver let's go take a look at silver these silver gold platinum living on a one-way trip down there's no two ways about that and that's bottom line so okay so this continues lower today like this is going to be an abc down to what let me do the slv first because the slv will give me the volume right off the bat oh yeah so is an abc down to okay here we go so the slv that's 23 63 points which gets you 1950 was 1950 yeah so there's a gap down at silver to at 1911 that's where we're going there let me put this uh s s s i a let me put this back up so we take a look at this now give me the volume okay so 26 60 23 360 like it's a 21 bucks a low is 20 40 these bars the bar folks okay this is a just wrap your head around this man because what what does happen is this if you're in this market and you know you want to be in the gold or silver market it's always much better to get prepared prior to uh you know something like this because if you get ready for it see we had to sign a strength in in both all the medals on the 13th the 10th without the much they're all different this one's March 13th the gold is March 10th uh same bar though it was wide price spread accelerated volume and bottom line that's exactly where it looks like it's going to be going to and so it's always easier because what you're going to be looking for is that you're going to be looking for a contraction where you're looking first off what you like is is the volume blows out of the place which the volume has been blowing out and if the volume blows out before you get to those lower levels what ends up happening is that the sellers are gone then what you're looking for is you're looking for that test and that rejection if that's what you get you know the bottom line is it there's a huge consolidation there so it's always nice when you can get down as close to can the bottom if in fact you can catch that ride on the way up all right the right no way down we go up and take a look at the oil market out here oil today you know it's amazing the type of spreads that oil is creating these days you know it moves a buck and a half every day now you get 20, 242,000 contracts out here today let's see what we've been going into yeah so today's a big day you're going into 236 so that's not bad so it might make it up a little bit higher and if we go to the XLE we take a look at the XLE out here yeah XLE wants lower price so XLE gets up 99 cents right see the contraction of volume yesterday we came down with 21 million and going up at 13 today that's a flat out you know bottom line can't make it this these lows the bottom of the consolidation is game in the XLE so and then financials XLF we take a look at the XLF we had Paul out here speaking today he'll be going to be speaking tomorrow also we take a look at the XLF now the XL the XLF looks to me that it actually is going to get some juice in the way up you can see what happened now the XLF bottom line is that yeah you came down with volume yesterday you know you're up eight cents but you're really a sideways move that's what you kind of want to see you want to see sideways moves you know instead of basically trying to get the higher price with volume contracting that's that's when things get in trouble when you try to get the higher price and simultaneously you have the volume contracting some of the higher volume equities out here that we have today Tesla is going to be number one it's been a number one for quite a while that's down 11 and a half dollars you got Intel down to $1.70 we get Google's off 223 PayPal's off 42 cents Amazon Amazon's getting sued by the FTC because of the fact that you can join Amazon but you can't un-join it well you can but it's so hard to do it it's insane and it is not doing a thing to the equity out here today you know the bottom line is only down 63 cents it and it's not just Amazon you know I'm sure we've all experienced this man it blows my mind that doesn't blow my mind it gets me flipped out actually when you know you're trying to get out of the payment system meaning that you know you're paying every month and what I've found a few times and what I've done a few times I used to do this almost every couple years is that I would just call my credit card company and tell me give me a new one because sometimes I forget how many you know you put on the payment every single month and so I was like okay man just give me a new one we'll figure this out but the bottom line is that they have they they have they're onto the right deal there meaning that they made it so hard in an Amazon's case they called it the Iliad because it's so long and if you've ever seen that book folks okay it is that long there's no doubt about it. Dow, Dow Industries right now is off 41 you get the Nasdaq down 118 S&Ps are down 16 let's go take a look at that E-mini and see if we still got volume on the way down and I'll go over there we have a couple targets that want me to go over that again about that high volume it's it's it's cool about you know what we do at the volume in price is that you're just looking for high volume lows and high volume highs and you can see it's quite clear the highest volume that we have out here bottom is a high volume low that's and you and you don't it goes both ways stay right there come right back. The gold report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market the US futures market and the Shanghai gold exchange the gold report. Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU, HUI, GDX, the dollar, bonds, the South African RAND as well as 25 different mining equities with specific buy sell recommendations the gold report new subscribers get a 30-day money back guarantee so you have nothing to risk subscribe to Tom O'Brien's gold report newsletter now at TFNN.com. 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swim banner on the front page of TFNN.com welcome back folks and down investors right now down 52 you get the NASDAQ off 118 S&Ps are off 16 and a half and it's getting close for this submarine down there at the looking at the Titanic folks okay sad but true you know the hearing noises okay underwater noises detected near the wreck of the Titanic can't be positively linked to the missing vessel with five people on board the US Coast Guard said adding that the search mission has expanded a Canadian plane with sonar capabilities looking for the Titan vessel picked up sounds early Wednesday and remote and remotely operated vehicles were moved to the area where the sounds originated you know the more you read about this thing it's it's pretty intense and I guess one of the you know reasons that it's an unregulated area is that because it's also an international water so bottom line is that you know when you read about the the controller they don't even have a GPS on the deal that that's it's kind of strange I think that blows my mind I can't quite understand that but anyway bottom line is that it's keep sending those prayers and send that white light because it's not over till it's over and I can't even comprehend being inside that I can't comprehend being inside a period that that's that's the bottom line particularly because that you know Tommy was talking about the risk reward of doing that period okay but the thing that's so crazy is that my understanding is that you know Jacob was telling me this just before he came downstairs is that what's happening is that you're only looking at the Titanic through a window in the bathroom but the window in the bathroom actually is is the camera that's outside so it's it's like you and I can basically sit here and basically looking at the same thing so it's like anyway and I get I get the deal that you know people want to say they've been there I get that you know but damn to lose your life over it is a whole different ball game that's for sure the dial that just so the dial industrials this is the dial has been moving around out here today man I mean that it's been moving pretty quick I mean look at this so so you have volatility in the dial the dial got a low out here today of 833 876 then it went to 34097 now does this pay this also well actually let me look at the diamonds and see if the diamonds have that high volume low also if we look at the diamonds yeah see they don't we had a high high volume low but that's right at the open and it did attest it right after it but no that's yeah that's still the highest volume the highest volume is still right after that that's on the diamonds that's 338 71 so it is there so let me just go over this high volume low or high again so as you watch and target tv and if you have the out of time in the trade just review those chapters because you know it's a great tool man so if you take a look at this right what you're going to see was the first time that we came down this morning that was at 10 o'clock you came down you had 49,000 contracts then you bounce the key is with time in the trade is that you are basically showing what happens when you're down versus what happens in Europe okay so we go down there with 49 49,000 we go up with 43 then this is the one we go down with 489 and then we go up was 20 we come back down but we don't test with 28 then we make a high with 27 and the first one right before I got on the air was the one that's saying okay man you know my take is when you're when you always have one bottom line it looks to me like that that is the most deviant thing the market could do and you know what the my saying is the market's job is taking the most amount of money away from the most amount of people in the least amount of time and it's the most efficient mechanism that I've seen in order to do that so you know on a continual basis you just try to basically be on the other side of that when we talk about that that's where you know if you went to Tim Ords workshop last week that's what you saw inside that workshop that workshop was phenomenal it was just an amazing workshop and those tools that you got basically people don't use them that that's that that's the bottom that's what's so cool about Ords in general but that's when that's how I that's I first picked up on them that I knew there was something that people don't use number one which is a huge plus and one of the reasons is that took so long to basically you know all the things that I don't care whether it's price and volume it's Fibonacci and all that they've been around it and you know and so people know them when you have something that has been worked on for so long as Tim has worked on it whole different ballgame man whole different ballgame 877-927-6648 so let's go take a look at the XAU and the HUI because those also they were breaking B points yesterday so let's see what kind of volume they had I suspect these I ABC structures down so let's see we need more than 21 million there yeah we get 25 million so XAUs and ABC down that's going to go right down to the bottom we're trading 119 we're talking well let me get the full full number here so one second put this up here okay so 143 they get 24 points yeah 104 and what's the bottom we're going well actually this is say we'll break the bottom so this is cool to know too saying the XAU is 104 and we're at 119 we go to the gold bugs index set this baby up okay so we needed more than 15 million and you got 17 okay so the ABC down 284 it's a big one 236 38 so it's 211 what's that low 210 the low is 210 so let's go into the lows man and that's what I mean about the aspect if you if you get if you set these up first you know and trust me I know it's it's wild you know writing the gold report and I'm saying the ABC well there the ABC downs man you know that's that's that's how it works you know you can't basically fight how these things want to trade what I love about it what I love about the gold and silver market period is this is the moves are very large you do have to get out when they finish ABC structures on the way up but they telegraph that the gold and silver market has a very great way of telegraphing on a continual basis kind of where it wants to go and you can check that with the aspect of the dollar and the aspect of bonds that's why I you know there when you have all three of them in harmony well then your probability gets much better that you're going to be right in the context of where it wants to go and when you get down to those levels just like can you imagine I mean if you're long you know we made money on the way up I sold on the way up we sold it kind of near the top here the bottom line is that we'll be buying hand over fist because the bottom line is that that's where it's at man Dow. Dow's down 88, Nasdaq's up 151, S&P's down 24, stay right there folks we'll come right back. If you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for rocket equities and options report today with a 30-day money-back guarantee so you have nothing to risk for all the details and to start your subscription today visit the front page of TFNN.com. TFNN Educating Investors. 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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The opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman Wave the Chapman Wave up-down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman and your inbox every day first time subscribers also get a 30-day money-back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up TFNN.com Educating Investors. and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at 866-476-7523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor foresight fund services LLC TFNN has launched the Tiger's Den 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 tigers for just one dollar 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 to Dow investors down 72 the Nasdaq's up 145 s and p's are off 20 so let's just go look at that e-mini for a second because i want to bring something up here just because i know that we definitely have a lot of folks that are trading the one day options i think we do anyway i trade them every day so when you take a look at this folks okay what you want to understand also about that structure as you can see it was a monster downdraft that we just had okay you know we got down to 4407 just on that bar see the explosion of volume and it's 440370 that we're looking for now if you're trading those what you should always have is you should always have a close in meaning if you're i trade spreads that's what i do i don't go direct well i go directionally but go directionally and spreads okay so what happens is that if you get a ball like this you really luck out because the bottom line is that you have if you have the spreads in there if you have your cell in there right you're going to get popped because what ends up happening is that it moves so quick that the actual premium and the premium is on a lot right now but the premium will go up because it moves so fast so what you don't want to get in the middle of is having the positions on without always having a cell inside the positions that's now that's a technical way of trading that doesn't have to do it averages or anything like this okay but you want to understand how these platforms work and you know bottom line is that and then you know you can do that also now this is what's cool let's check this out the other side of that you can also do it on trying to get into positions that that's you know that's just as good that's just as good trying to get into positions versus you know the other side of it so where am i yeah is someone on the phone now okay one second i'm sorry i'll find this thing i got it we got art from archivia all right what's going on how you're doing tom i'm doing great man yourself i'm doing very well cool man cool so i have some weekly pressure put 721 40 put and you know they're moving more and more into the money all the time so i was kind pointing your view of it okay so let's take a look you got wheat and precious metal the lows 28 the highs 52 they're trading at 42 he has the the 40 puts and they the third week in july so these are the monthlies now it's gonna be good because they got an abc down man look at this okay cool you broke the b point yes they would volume so the a point let's get this exact fire because you got this trade on one second come on baby come on up okay so we got 52 58 52 58 is your a point your b point is 43 95 so the 863 a to b your c point is 4701 minus 4701 gets you 3841 okay cool so 3841 the low out there is 3839 okay and now let's look at this so so what did you pay for them i don't remember tom i really don't okay okay that's cool okay i just buy him and i watch him go down that's cool okay one second let me see this so okay so july one two three get four weeks that's pretty cool man yeah i mean you you get action here man that's the bottom line you know i mean it wants to go to 38 bucks what you want to understand is that the the i mean you trade these a lot right yes okay so you know how they move um when it goes to 40 you think i should take all my money that i put in it yeah i mean because you should have you're gonna have like a double or a triple or a five bagger i think because you bought them out of the money and most of the times you buy them out of the money like that you're gonna have a five or ten bagger i'm not sure you know that's why i asked you um because you don't get movement your deltas you know are basically really small until you get you know on the money and then something you want to be really careful of and this is what you want to be careful of is that once you get in the money you're gonna see that thing collapse you see what i'm saying like one second let me you have to you have the 40s right yeah i gotta do this on a different screen let me do this one second i can do this quick one second 40s oh okay july okay july 40s here we go okay so you're at 35 to 40 oh yeah the last okay so the last trade is 45 cents so what would happen is that the stocks at 42 now this stock gets the let's say 41 even 40 right that'll probably go that 40 will probably go to 90 cents okay now watch what happens but then you go to 40 right and let's say it's like two weeks then that that that 90 cents you know could actually get out of about 40 cents again that quick i'm aware of that yeah good okay so you know bottom line just make sure you take some money when you basically you know it sounds to me like you get a double or you know if you don't know what your bottom five i can't you know i mean i don't know what the the other side of it is but you get a good trade on man and it doesn't look to me that it's going to take that long to get to that price projection you know we're we're at a kind of a weird time right now because you can see the spreads are coming down in the main market the gold just keeps getting hit and it keeps giving everyone hope that it's going to go higher because just like today i mean you can see you know that it just rejected again you know the 1929 and it's like you know 16 dollars above 1929 and that's the exact same thing that it did you know four days ago and then all of a sudden blew apart again you know what i mean but the larger picture is that you know i think it wants that lower price so cooking brother nice trade have a great one man have a safe one yeah because yeah we do also have their folks you have the xa u as well as the hui on abc structures down um let's go take a look at uh a couple of the big dogs out here if we take a look at newmont i mean barrack first oh see oh this is going to be cool okay check this out folks okay this is this is a heads up once let me do this number man because this does happen on strong stocks 1816 1659 one second i gotta do this quick come on come on okay because i have a feeling that barracks gonna be one of the first ones off the bottom let's say 1816 1818 16 16 is 59 minus 1754 it's 1597 check this out man barrack just finished abc down to 1597 it's going to reject lower price it's going to have like a volume and it's the bar i've been talking about man check it out we'll come right back are you looking for a way to consistently add winning trades to your portfolio tom obrien is here to help tom obrien has been successfully trading markets for over 30 years a frequent contributor to td ameritrade network and cnbc tom obrien 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 markets open to give you the competitive informational edge you need to succeed these newsletters are packed full of tom's advanced technical analysis in our gear to deliver comprehensive strategies for a successful portfolio get tom obrien'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 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 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down it's going to reject lower price today it's coming into 37 million only did 11 so this thing's setting up for buy now watch this same deal with an eco eagle so this is going to get cool man and this is what happens you know when you do big downdrafts the an eco eagle same setup meaning and with an eco eagle did an abc down is it is it's rejecting lower price today at 47 86 now look at this look at that see that bar that we were talking about that bar the bottom of that bar is 48 49 we went to 47 86 that volume there had 9.4 million we did 1.7 it rejected it and in both cases folks okay so this is a less than a time in the trade in both cases you got a rejection of lower price you're coming into strength and at the highs in both those cases an eco eagle 61 15 you have volume at the high and we go to barric it's the same thing so but this is going to be this is a great trading market that's the bottom line we take a look at the broad market out down here you get the dow down 87 nasdaq's off 159 s&p's off 23 now what that also says this is what's going to be cool here folks what that also says is that when I look at those two that's going to get intriguing because you know I'm saying that the dollar I mean that the goals in an abc structure down well that baby might get negated and if that's the case the dollar is going to go to hell on a handbag and you have two different things end up happening if the dollar is going to hell on a handbag because this was a deeper tracement on the dollar then you would have the broad market going forward as well as the gold market and we haven't had that do you know what I mean because the dollar you know today you know looks to me like I want to go to the bottom first but all those above are happening it's a beautiful thing always remember folks the bank and claw your heart out the bull can run you over and thank god there's always another trade health happens in prosperity have a great night folks have a safe night come visit Tommy tomorrow morning kicks us off 9 a.m great show folks