 investors. 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. Good morning, everyone. I'm the Chapman, and this is Thursday, 8th of June. Well, this is a fascinating market. The Dow suddenly became a leader after the S&P and the QQQs were soaring to the upside and they kind of took a bit of a breather. Now what we're looking at is that the Dow is up 32, it was almost 100 yesterday and kind of leading the pack, and I think that this bifurcation is going to continue a little longer. And one of the reasons that I'm looking at this, we are so long the Dow, but one of the reasons we're looking at this in this kind of split personality manner is that I'll go through this slowly now. Look, the Dow has this rectangle formation. It could be making a V-shaped pattern. We just saw that V-shaped pattern right here in the E-mini. This is the one-minute chart. It made this kind of couple, V-shaped pattern, had a big spike above the previous high that was made at about 9.15, 9.30 this morning at 42.77. Now we're going to see, does it have the strength to keep going to the upside? And you can see this 200-period moving average, how the resistance has been so strongly, that resistance in the 200-period moving average, and it managed to spike just a moment ago, just for a brief period. And now it's starting to gain. Now we've got to follow this closely because in this 10-minute chart, if the E-mini is able to close, I would say above the high that was just made at 42.79. Remember yesterday, 42.80 was the level that we were looking at. Well, 42.80 again is going to be this magic number. It keeps pulling back, pulling back. That's a pity, but it actually did very, very nicely in that big spike to the upside that was a peak C in the one-minute chart. It should try to get to the D. All right, that's enough for that. I just want to show you patterns repeat over and over. It doesn't matter whether it's a one-minute chart or a daily or a monthly, same parameters are applicable. 33, 6, 9, 8 on the Dow, up 33, the S&P. Now this is what, this is fascinating to me always. It's such a big challenge. One of the things that keeps me just so absolutely fascinated with the market for every minute of the day, every hour of the day, every day of the week, every week of the month for years and years. Because look, in the Japanese methodology, we're always looking to identify the lowest low-born. You know that we try to do that for subscribers very, very often over the years, try to pick the lowest. We've done March 6th of just to get a few. March 6th of 2009, got it down the exact low of the day. We've done that. We got that on the October low. We got that just recently. So I want to be able to have that flexibility. So now what's happened is if you go to the low that was made on May the 5th or so, let me just go to this May the 4th. And the S&P at 48.28. Peak A, peak B, and on the Chapman, we're always looking for identifying the lowest low-bar. Funny how many birds have been bumping into windows, lady, and count each successively higher peak. You can go all the way to peak A, B, C, D, E, F, G. 7th highest peak, there's never an H in the Chapman methodology. And at the same time, what we're looking at is the 4th highest peak, peak D, is where other things can happen. All right, let's get out of this and go back. So we got to our peak D. But at peak D is where other things can happen. One of the things is within three bars, if there's a higher high after that peak D, that's new leg E. But it could also have an alternate count. It's the only way that you can get an alternate count is at that peak D with an instant restart. Well, that instant restart says, isn't this an F in the S&P with a high on the 7th? That's yesterday of 42.99.19. Well, it's holding so well. If that sell-off yesterday and today was something really serious, today the futures early in the morning would have been down 32. The S&P futures, the Dow would have been down about 180 to 230. The QQQ would have been very sharply lower. No, I think that was just a very important digestive moment. I think it's like an internal high. I think the residual high is going to come in a couple of days. And I'll show you why. If this is going to be a peak F, we should not break about 42.99 in the next two sessions. If in the next two sessions that we take out the low of the gap, the gap low of that big spike on the 2nd of June of 42.41, point O is called a 42.41, that's going to be a big negative. That'll say, you know what, we might be rotating, but the leaders, just the recent leaders are now going to be the recent failures because why the QQQ is exactly the same thing. QQQ, NDX 100 Trading Vehicle and VSCO QQQ Trust Series made a peak F with a double top, 357.50. That was on the 5th of June. Yesterday's high was 30, 35, wait, what am I doing? Yeah, 357.12, just under it. So there's a chance that this is a peak F without this instant restart instead of an F slash B. That's the big question. But look at the distance of the nine-period moving average over the 14. Look at the way the MACD is holding okay, and it's just started to turn down, still positive, and the stochastic's still at 86% on the on-balance volume, all in the daily. Look at the strength of the weekly chart. Yes, on-balance volume in both cases is overbought, but the price is holding really well, and even today it's up $1.60. So you can see why I'm saying very important moment for a number of reasons, but the key reason right now is that the tacticals are still strong. So we could see flurries to the upside as the Dow go back to the judges for a moment, squeaks to a leg C. It doesn't have to because it's under the previous high of 34,257 on the 1st of May. So failures can happen under that. It means you don't have to get to a G. You can fail to B, C, anything. But at this particular point, it looks like there's just enough strength with a stochastic at 85%, and the MACD good, nine period, nicely over the 14, to suddenly have a little pop. It goes to maybe 33,18 somewhere around there for a C, and then it pulls back, and then it makes the D as possible to do that. And you can see the weekly has so much resistance up in the 30, just under 34,000. So that could happen, I guess the other thing, this is, I think, fascinating. The IWM, and I always talk about the scales of justice where you're on the one side, you've got all the evidence on the other side, you've got all the evidence, and you have to juggle them. That's like the market. So yesterday we saw that when the leaders, that was the S&P, the semiconductors, and the QQQs were all weak, the Dow took the leadership role with the IWM. And that to me is important. As long as you've got that rotation, you don't have to have this synchronous smash to the downside. Now here's the trouble. IWM is with an instant restart, leg E, maybe a peak E, if there isn't a high above yesterday's high, or 187.77, isn't that fascinating? If it goes above that, then that becomes an F, but it becomes an F slash B. That means, as long as the tech, unfortunately we've got almost all the indices at the point where they could turn down, but they're not. In fact, they're trying to go on the strength. If you look at the Dow of 44, I'll be back in a moment. That's what's happening. This is our, we'll talk about the questions that I have. We have exciting news, Tigers. This June, Tim Ord of the Ord Oracle will be hosting two webinars, providing insight into his renowned market timing methodologies. On June 8th, Tim will delve into the S&P 500, teaching sentiment indicators, identifying market bottoms and divergence, and so much more. On June 15th, Tim pivots to the gold market, taking a look at cycle analysis, ratio studies, advanced decline indicators and other important tools for analyzing this sector. Sign up today on 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? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. 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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. Toll-free at 1-877-927-6648, internationally at 727-873-7618. So, gold is at a big spike in the upside, $24.98 a year. This is exactly what I think of my is going into gold. But perhaps if we start to see going into, I can't say next week, I need it to go all the way into the third week of June, into June the week of the 21st, the week of the 18th. Yeah, in the week of the 18th. It's not good enough just to go next week. If the XLF, I'm putting these two together, the XLF was trading down 17 cents at 33. There's the S&P Select Financial Spider Fund, and you can see the weekly chart made an H-pad and now it's trying to make the cup formation. It's really struggling, but it's doing okay. But if what we need to see, and this is going to be really important, is we need to see that the XLF is trying to get closer to the 32, 73, 200-period moving average over the next, I'm going to give it one week, two weeks. Going into that second week, that includes this week, going into tomorrow, Friday, the end of the week, and then the full five days of next week. That's going to be really important. Why? Because if it's able to do that, we'll see whether or not there's an amelioration of the nervousness of all the governments and huge financial institutions that are buying gold because they are afraid of what's going, they think might happen to the financial sector. That's the banking sector. That's my thinking right now. It's one of them. It's not all that goes with gold. There's so many other factors. And of course, when you go to silver, silver is being, there's a lot that's now going to silver from the usage of electric vehicles. That's how silver's now become quite important. Remember what we talked, I always talk about the semiconductors as being the crude oil of the 21st century because everything in the 1900s revolved around and evolved around oil, plastics, everything. Well, in 1980, that's what I consider the transition phase, all of a sudden semiconductor chips became really important. And even more and more and more important, but if you remember, cameras used to, film used to use silver. And then, of course, digital and everything, that kind of faded. So that usage kind of dissipated, but I think silver's coming back. So now I have to think of them a little bit separately, gold and silver or the travel kind of together. Now, here's another thing. Yes, Dan, I'm the one that's going to make the change there about talking into the music of the break. That's my fault. So here's the other thing that I'm looking at. Platinum, we were talking about. Platinum is pulling back. I just wanted to go back to the XLF because I went to the silver because of the XLF, the relationship of all these different things. Well, in the case of the KRE, which is the KRE is the SOB Regional Banking ETF, it did everything we were looking for that I was, I showed subscribers were actually long this ETF. It went right to a PD. And instead of doing all sorts of things today, taking a little bit off and all that, I wanted to give it some kind of credence in this reality, because the MACD's good, the nine's way over the 14, price is way over the nine. It went to my 44, 59 target on the left side, 45, 35, was the outside target. And the high yesterday was 44, 98, just missed it. All of those things, the MACD's good, Stochastic's flat at 87%. On balance volumes, good, but lagging a little bit. And the relative strength index has been very strong. I like that. So within that context, what I'm looking at is the weekly chart touched the 14 period moving average. That's a good start, but it isn't peak D. What did we say peak D? In the channel wave methodology, peak D is where other things can happen. You can get your instant restart, or like the Dow so often, INDU, like the Dow, you can get your peak D and get quite a big pullback. Yes, it could go to EBDs, but you've got to be a little bit careful. So I'm watching this because it's together with the alternate count in the S and P and the QQQ, IWM even, IWM. Look, go on to a, here it is, leg E, maybe a peak E today. All the technicals are strong, the on balance volume is somewhat overboard. That's why we're getting some kind of a pullback, I believe. Okay, so I want you to go through those things. I want you to also show you Crude Law right now. As I've said for some time, it's just stuck in a range. Now it's down 38 cents and 72.19. A lot of people are talking about it breaking out and going into the 80s. I said, I don't think so, not based on my chart patterns. My chart patterns say the lowercase h to go, so lowercase m, science to fail, got to be careful, but it could be a rally, but it's got to close decisively over the upper peaks of the arches and so far it hasn't happened on the continuous contract and that price would be 74.73 on the continuous contract. Okay, did that, did that, did that. I just want to quickly do the TLT. TLT is made, there's the same pattern. You remember patterns repeat over and over, lowercase h goes to a lowercase m, frankly like 3ms right there, 3m, oh, that's okay. Remember we had Sue, she had called about triple m, way back, that was way back, way back. Now I can't remember, I should have typed it in and I said, no, I'd be really careful. It was over there, somewhere in early May and it was trading at about 104 and she was in it and she said, I would put a stop in just a little bit lower down because if this goes lower, it could go all the way down below the 100.16 level. Well, lo and behold, it hit 92 the other day, 92.38 and then popped it, oh, I got you, that's the way my mind works, I'm sorry. We got to triple m because I was looking at, I got to go back to see what it was. Oh, the TLT, this is the lowercase h that goes to a lowercase m that did it twice already. So that's how I got to triple m, three m ink. So all right, what we're looking at here is patterns repeat. I've gone through a bunch of the things I wanted to look at and now I had a question about the longer term QQQ and all I can see is I don't see the QQQ upside action is done, but whether or not it goes much higher than the 358, 361 area in this particular move to get to the left side, high of 371, 83 that was made way back in April or so of last year. I don't know yet, but I, oh, you wanted to have a quick look at the E-mini. Yeah, E-mini has made this little double top that exact price is 4,280.25, 4,280.50. So that's an E. Remember, D is your target in the Chapman wave. At D, other things can happen, as we have to start using some of the other techniques. And what I do is the measured move and the measured move right here is a vertical move, that is, right there, see how strong everything is. Stochastic was under 80%, but it was actually rallying. And right here, whoops, right here, there's still strength, the MACD is good. Stochastic is actually improving much, much higher than it was, that's a good sign. So here's where I start the alternate count, E and that's an F, I want to do these live because this is what I do, this is what I'm doing all day. To practice my techniques, and that's really important. So we'll see, yeah, and this is a single leg A, a huge A. I'll stop talking, we've got a break coming up, guys, I'll send these here, we'll be right back. Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. 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For more information, just click the Think or Swim banner on the front page of TFNN.com. Hello, I'm Jeff, and this is Dr. Nick Krishna. Oh, I'm using it, coming in. All right, so what I want you to, I was hoping to have more for myself because I'm gonna be working on this next week. I'm gonna be out of my office, but I will be doing as many shows as I can, plus my daily newsletter, but I may be working on this two-click session. The reason why I just got out of a two-click going from the long right here at this low, the two-click session means that you can, if you can get the low in the early morning and hold it all the way through to past maybe two o'clock Eastern time, if it holds that long, based on the nine-period moving average over the 14, the 10-minute chart, you can hold that all the way through. But the reason why I just did a couple of things going on that I just needed to be free to think clearly here, it's okay if it keeps going, it doesn't matter, but I just needed that for myself. So a question came in here about the DRR. Yeah, we'll work on that. I know I tend to talk through into the music for the break. It's not a wonderful engineer's fault. He's doing what he can. I'd have to figure out what to do there. I like to just, I'm doing with things, I'm looking at the market. It doesn't matter to me about a break or anything. The market doesn't stop just because there's a break. Anyway, I'll do my best to kind of start a little later and end a little earlier in the breaks. 5.81 is DRRX. I can't see right now what it is. Die is something core and interesting. Drug to treat liver injury caused by alcohol, alcoholic hepatitis, oh yeah. So look how it's holding this 200-period moving average. Look how important that level is. That to me is so, that's key. And that's key because within the context of these big U-shaped formations, which is very often what you see in biotech, especially the mini microbiotech, they have an inch a month, a huge move up, and they're closed with a long wick. Look at the long wicks of this character. It's the character of this particular thing. It's the character of mini biotech. Now the interesting thing is it's held the 200-period moving average. I know that you're looking at this in a longer-term perspective. What I would do is you see the way it comes down in the ellipse to the left side is called the quoro. That's the quarter of a semicircle. Well, that quoro says if it's able to make that like a ship, the hull of a ship, the left side of the hull, now you want to get to the right. I need to see this very ugly candle, the candle of the left side, which is on the May the, so June the 2nd, with a high of 637 and a low of 555, I need to see a close above that. And in the scale that I'm looking at, it should take maybe five sessions, preferably less, but five sessions. Now the key thing here is look out quickly the moves to the upside on the weekly chart. It's like three weeks, four weeks, bam, it goes up and then gives everything back in the Eiffel Tower. Straight up, straight down. What's the Eiffel Tower? Here's the Eiffel Tower. In the peak A goes to an A and then fails, comes back down sharply. Looks like an uppercase A or the Eiffel Tower. Straight up and straight down. And that's kind of what you've got right here. Eiffel Tower there, but it didn't held. It held the 200 period moving average. So that's what I'm saying. You don't want to see it take out this low of three days ago, which is at 533. If it takes that 533, closes under 533, you're gonna have to wait a long time. But I like the idea of being in, looking at it, being in for the big move. The big move will start if on a closing basis, on an hourly closing basis, if it can hold above maybe 6.11 for a whole hour, it's probably gonna go quickly to the 618, 622 area. That's just the way I'd be looking at it. But you need speed, you don't need time. Time is your enemy. You need speed. Otherwise you have to wait for the next big move to the upside. That's one question. There's a question that is important for me. It's important, I think, for a lot of people. What do I have looking out on the QQQ? So can I do an analysis of the QQQ? Well, I don't know if Larry is able to do his show. That hour, one to two, I might have free. If I'm able to do it, there are a lot of things I will look at during that hour, because I want to look at some of the grains, some of the different commodities, et cetera. But in the meantime, what I am going to do is to show you, I'm just looking at some questions. Okay, that was a question right there. Could I look at, I missed it. Oh, no. I'm just trying to find someone in the den and post it, the question, I think it was S and P. Looks like, XOP. Could I look at the XOP? So let me just do that, because it's a question that's also come up. And they kind of go together, because the XOP is the oil and gas exploration. The reason why I say they go together, I haven't done an analysis on this for a little bit, but the reason why I want you to say they go together is that the oil and gas, if we start to see oil move higher and you can get the OIH, remember I always move around because everything I'm looking at is related, the OIH, which has a pretty similar pattern to the XOP, oil services, Van Agh Vectors ETF, made a peak G, I believe, held this chapwave inside track propellant zone, and the last time I went to the repellant zone, so so far that's good, is trying to make the H formation. Remember the chart we were looking at DRX, how it drew in this ellipse on the left side, that's the quoro, that's a quoro of the semicircle. You want to see this move up, and you want to see this is the low right here, and this is a really great spike to the upside in XOP. So I'm just going to say to you that the oil exploration, that the whole services is different to the multi-nationals, and in this particular instance, I'm going to say, there is some upside that 200-period moving average of 276 is a 270, I'm going to call it 278, is really important support, but at this particular point of 279-88, I'm going to suggest in the case of the person who asked me, S&P, yes, I would start just a small position at 279, why would I start a small position? Because this takeoff has the credence, it has the nine-period over the 14, the 200-period got hit and broke above it yesterday, and now it's holding above it, MacDee's good, Stochastic's flat at 87%, so treat it as something separate to oil, it's on its own momentum, and the reason why I want you to put together with the QQQ is that in chart patterns, like the other QQQ, very, very different chart pattern, what you look for is what gives you veracity, what gives you confidence to say that the move that started is one that can continue. So for the monthly chart, there's not yet been a breakdown of the XOP, in the QQQ, there's been a fabulous break with the nine-period last month, and this month confirming a positive crossover, the MacDee's crossed positive, the Stochastic is still lagging in the monthly at 62%, but the on-balance volume is rallying. In the weekly chart, the MacDee's good, the Stochastic's flat at 96%, almost 97%, you can't ask for anything better, and it does retract, it's tipping down a little bit, but so far, that's all it's saying, it might be tipping down from 97% to 96%, and the on-balance volume says, yes, that is a little overboard, and it's in leg G-Snash-C, and I've got a beautiful symmetry here, the last symmetry, it got there in the QQQ, it got to my target of 331, I think it was over there, or 324, I think it was. You know, at one late, it was earlier late, and then it went sideways for six weeks, and then, damn, it broke to the upside. Now, I think it's getting ready for a digestive phase, and all I can say is that I'll do a little bit more when I reach there. Baselchapitide, Venusgesau, it does up 49 now, it's gonna be up six, be right back. 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. 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. 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To obtain a prospectus or summary prospectus, please contact direction chairs 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, 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. So now I'd like to add a couple of fundamental aspects to it and this is not my forte because I'm going to fundamental analysis. This is my background thing. And that is, and I've been saying this for some time, I have no real proof. It's just, it's kind of like, I wouldn't say it's a guess. It's just kind of putting your experiences together, having lived a certain age into a certain age and gone through this a number of times. And that is, I wouldn't be surprised if the jobless numbers, that is the people out of work, increased suddenly and really sharply. And we wouldn't surprise you. I've been saying the next six to eight weeks and that was about three weeks ago. So we're into that period. So in the summer, I would not be surprised if there's just a sudden, it's just like, almost all the announcements we've had have come from a huge change in numbers. And I think that that's the thing that, I suspect that the market must be ready in the Dow's case for an 1800 to 2200 point slide at any point, I would say in the summer. I'm still very positive, maybe not as much as that, but I'm saying a pretty sharp, and that's why today I see the subscribers, I don't think we're going down sharply because we didn't get this cascade in the futures. After yesterday's turnaround, we should have got a cascade all the way down to S&P minus 63, Dow down, maybe it was holding a bit better, only down 230, but we haven't got that. And that just said to me, we aren't yet ready for the, huge sellers come with two or three sessions of months of selling. And it comes, it's not like selling and then nothing, then selling, then nothing. No, it's just three sessions, bam, bam, bam, bam. And then that just sets the stage that now you've got your upside resistance level clearly demarcated. And now you have to see how do you deal with lower highs and lower lows. We haven't got that yet. Look, even now, remember I said that I just, I wanted to concentrate, so I'm getting out of a position. I got out right there, got in the low register, it would be a nice two-click session, but I just, yeah, there were other things that I had to do. So I got out and now I'll be back to where it was. The 82 is where I got out, so 42, 81, 75 right now. This could be a wonderful two-click session day. It's only a leg eight to the upside, and even then it's been reluctant to make a peak eight in the 10-minute chart. This is still leg eight, and that's from the low of the day at 42, somewhere around 42, 62, and here we are at 42, 82, and it's still a single leg eight to the upside. I think there's strength, and then someone that I didn't see who it was said, boring, boring. I think this is really very fascinating. There have been some big moves within limited range, but look at this, this peak in the one-minute chart, and it plops down, it comes back up in this V-shaped pattern. They make the U, and U, and U. That's the same U pattern we were looking at in this DRX or whatever it was that we were looking at a moment ago, and look at this, left side, I said the techniques are still pretty good here, and even here the techniques were pretty good, and now we've got a brand new signal, because the only thing that can be right now is peak A, I believe, A and a B. I'm doing this live because this is the way I like to do my notations, and the homework I do for subscribers to my opening call. So in the meantime, back at the ranch, so the QQQ, in the long term, that I think the 371 high that was made back somewhere around April of last year, that's my target on the upside. We're at 351.62 right now. I think it's my target. I don't know if it's in this particular phase right now, or we have to get down to 327, the 14-period exponential moving average of the weekly chart of the QQQs in a sudden-sharp sell-off, and that would include, now let's just do this, to go together with everything. NVIDIA is in the Qs as well as the SMHs. Remember, I drew the H pattern, the lowercase, what is the lowercase H pattern? In the Chathamay methodology, we're looking at three core, the dynamicism of these three patterns is in every single chart you look at. Straight line up, straight line down, cup formation could be a V. You're going from one point down, then back to that point, from one point up, and then back to that point in the arch formation, or the inverted V, and the dreaded H says you come down, you make the arch formation, you fade into peak A or B. If you take out that left side, so you can keep going down, you can go one to one to the downside of the arch, and the cup formation is the exact same thing, but on the upside, it's green. So what have we got right here? We've got the dreaded H fading so far, it's failed because it took out that low at an A. That's an A. I'm not gonna call it an A- yet, because I do have to call it an A- just for the moment. And we'll see what happens here. You're on the ninth-grade moving average, and I say that I believe in the next week or two, you will take out this left side low of 366.35 in NVIDIA. So NVIDIA is saying, I should check my email right now. This is when I've usually missed an email. Yesterday was a couple of emails I missed. I've gone through them already today. No, I haven't missed anything. Okay, good. So what we're looking at is NVIDIA, goes with the SMHs and the Qs, looks at SMHs. Got a peak A, gray A, and now it's gone to a lower one. There's another A, there's another A, there's a new one. There's a first arch, there's a second arch. And I think that this gap right here is gonna be key. 141.78, the low of the 26th of May. Take that out with lower lows and lower highs, and then you start to see this gap, not the whole gap, but the 135 area becomes a target. Not a big deal, nine points down in a consolidation effect. But so far the weekly is still very nice, but look at the stochastic at 87%. The speed with which the stochastic breaks underneath 80% tells you the speed of a pullback. So that's really important, keep a note of that. Okay, so within that context, so the answer is the Qs are acting really well, even today after that sharp sell-off yesterday, I love that, that's the reason why there was a gain leading, IWDM is not leading fairly enough, and now what I'm looking at is within the context of the weekly chart, look at these steady candles, little tiny candles and big green candles, now tiny candles again. The momentum to the upside started to slow down, and that's why I think we're getting to a little topping formation right here. How much of a topping formation? I don't know, but all I can say is that you've got to keep in mind that these massive moves to the upside, if you don't make the Eiffel Tower straight up and straight down, so if today was a horrible session, and I was saying, oops, Eiffel Tower, what's the 340 level of the QQQs? Today we're up, we're up almost three. That means that that was just normal selling pressure right there, and that it could still be a retest of the She-57-50. So nowhere, I don't think we're getting close to a short-term top in the Qs, I don't think we're there yet, and my thinking right now is that the Dow, somehow or other is going to go a little higher, the Qs are going to have a lot of resistance, the SMHs are going to struggle as well, and then we have everybody coming down. This is the relationship that I always look at with gold, gold, Sos de Rowdy, Silver's looking around Ho Hanh, having a doughnut, and then looks around and says, oh my gosh, gold, and then chases gold, and then when Silver finally catches up, Gold says, all right, I'm done, I'm taking a rest, and Silver continues, and then they both come down together. So we'll see if this is the same QQQQ. Metaphorical exercise there, I'll be right back, question, oh, the fix is small. Ha, ha, ha, whoa, whoa, I said that out loud, hope it didn't kill me. I'll be back. We have exciting news, Tigers. This June, Tim Ord of the Ord Oracle will be hosting two webinars, providing insight into his renowned market timing methodologies. On June 8th, Tim will delve into the S&P 500, teaching sentiment indicators, identifying market bottoms and divergence, and so much more. 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It wouldn't be for me, unfortunately, but anyway, you can't complain. There we go. Yeah, so EQT is a question. EQT is the natural gas and hydrocarbon. Now, the analysis that I've been trying to do is to say, are some of these companies that do the, for instance, do the deliveries or do the pumping or the piping, whatever it is, of natural gas? Since the amount of natural gas usage should not change regardless of the price. Well, maybe it changes slightly, but if people need it, they need it. That's all here, if it's your energy source, right? So this used to be to answer my question by saying EQT, which is EQT Corporation, Natural Gas and Hydrocarbon, doing very nicely. Leg D, maybe making a peak D today, but at 38.59, looking really good. The weekly charts improve peak A, peak B, leg C, remember stays a leg until it makes a peak. Wait, can I just hear the break? I have to get the shot. Don't forget, folks, today, Tim Ward does his webinar, it should be a fabulous webinar, and go to the front page of Tiefen and check it out. Thank you for being here. Check out my opening call.