 The following is a presentation of TFNN The Tiger Technician hour with your host Basil Chapman call now toll-free at 1-877-927-6648 My Basil Chapman, you know on this Monday if I could just get this right on this Monday the 15th I really went into the wrong den that I was doing all my stuff correctly, but I was in the wrong place but I did get the voice out for the For the 10 o'clock Tiger Financial News Network market update now. We've got a 10-06 10 of 7 We've got the Dow up to 58 to 38,000 236 Everything I did over the weekend when I sent my subscribers just about an hour long a video I actually had to do the thing twice. It was just one was you know in technology There's sometimes there's just one little dot that can change everything or that's what I did I didn't even have to do the whole thing over. I didn't realize thanks Jacob He helped me on Saturday morning. He's off-day, but he helped me get my overview my first subscribers Out there my the video and we discussed a bunch of things as I'm looking at this now Most of the time let me just run the numbers thousand children 13 and 38,000 191 had a balance announced way down from the high The S&P and the 9-period roofing average is being confirmed in a cell mode for some time That's the same thing with the S&P which on Thursday Friday Yeah, Friday went to a negative 9-period moving average over the 14 to confirm at least a cell signal probably a cell mode It's 51 50. It's up 27 the QQQ that's the index 100 trading vehicle trading down Sorry down from the high of the day. It's up 184 and 440 point 15 right on the Chapman we've inside track Pro Palin zone and it's used that a lot, but that's also now becoming a repellent zone. So if in the next two days If it goes to the four three seven area or lower, whoo, that's not very good Looking at the IWM try to rally and it's now looking poor. It's down 11 cents at one idea 57 It's been in a cell mode for a little bit. We're looking at the gold The gold this point is down 30. I think just for the moment gold is done It's gonna have a bit of a breather a peak e in the daily peak D in the weekly leg B only a leg B in the monthly But wow that X that reversal on Friday. We were talking about it in my show I said, oh gotta watch this closely because if it reverses here We'll see what happens then of course we had the news about the Confligation going on with Iran attacking Israel over 300 different weapons of sorts and Everyone the I mean the iron dome this that was that was really something to see What a what a piece of technology that is. All right, so the day so gold is down 31 and silver So I made a Strong move up and then pull back Friday. It's holding quite nicely 28 30 30 is actually holding a little better than gold and this is what they do It's a little rabbit race the one chases the other than the other one says Oh, I'm gonna catch you and the catch is in that both come down together That's where I think we are just in the short term and let me tell you why look at this USDJPY This is the yen spiking to the upside up at up 1.17 at 154.43 Leg E in the daily I'm calling it E for now a leg D in the weekly and a leg D in the monthly ha and look at the EUR USD or ST here we go This is a euro down again sharply making another cup formation and the dollars attempting to hold it is holding okay And that's down a penny, but that was a very strong week it had last week and that was a breakout week I'm not gonna ignore that and I'm gonna tell you right now Even though we just got stopped out of our for-profit our SOX which were which got a split today 10 for one split I kept checking I went I couldn't tell you how many times I went to check When is it going to split because when when it plummets and comes down to the threes all of these Uh funds that are three times shorter three times long They invariably have a 10 to one split, but I didn't or more and I didn't and it was a surprise that it was today Unfortunately, we did go stopped out. I I think this is going to be a position that I'm I'm going to plan very carefully now For the smh's and I want to go to them right now look smh Was up four at some point went to 224.98 For the very first time the nine-period moving averages crossed negative Then you remember this is the indicator of last result an unbelievable And now we know we're talking talking talking you can read commodity magazine For as I have for 20 30 years. I've never seen anything discussed in this particular way Let alone the round numbers But in fact, these are techniques that have proved themselves over and over again I don't know why it shouldn't prove itself again. So let me go right now to this I was going to do it before but I said I want I'll go through some of the indices. Look smh This is a daily chart. Oh, wait a minute. What was I looking at? smh Oh, isn't that interesting For a very brief second It had an s that means that the nine-period moving average. So let me go back to this since For one brief session Back in january The nine-period moving average went pink from the moment it crossed positive way back here On the 6th of november It crossed positive last year. There was a brief one day moment when it went pink And it's green up until this very second Two minutes ago. It was pink and that's the hint because look, it's very seldom and I always say that the Semis leaders up the leaders need to mark it up. They need to mark it down. But wait a minute. Look at this Pink, right? That's the doubt for a week over a week now. Look at this s and p through uh Friday turn pink pink right now. That's the nine-period moving average first time It's pink since it went green from pink to green back november the third. I believe it was look at the qqq pink Look at the i w m Pink for a little while now. Look at the space between the nine and 40 period moving average So that just says it's starting to increase the momentum to the downside. Look at the smh's green All right enough with that. We'll wait I don't see how your four leading indexes could be pink And the smh's don't actually follow sometimes smh's lead sometimes they follow but uh, I'm watching them very closely All right, so smh is up 2.23 at 222.91 hit a 224.98 high today And just gone sideways and so far it's just a sideways consolidation It made a 239.14 high on the eighth of uh march It's all the way down to the start area now to 22. It's just kind of going sideways and it's broken down yet We'll see Uh, one other thing before we go to the break is let's look at this tlt Wow, I mean really this is serious stuff yields are going on. 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You'll find Fibonacci 24 7 right under the newsletters tab 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 obrien 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. 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So bitcoin is uh down 12 17 to 13 hundred at 65,850 now what i said last week And also in the in the video that i did for subscribers over the weekend Is that there's a pattern that i'm looking at that suggests that Bitcoin i don't want to get into although, you know the the currency side I don't want to get into anything other than what i'm seeing on on the chart And the chart suggests that that really is a peak g over here at 75 185 That was i i better give you the hype because that gets uh smoothed out. So that was in fact on the March march march march March little double top 75 135 on the 13th of march and 75 185 On the 14th of march and that's like a chamois of two bar reversal And we pull back but actually we're holding steady in the rectangle formation and what i said When we were looking at this and gbtc Is that there's a really good chance gbt is the bitcoin investment trust But the high that we've just seen it could be nicked just a tad But it's forming a a narrow rectangle formation and that there's a really good chance That over a period of weeks if it doesn't start to trade with them What are we today's monday the 15th so it's mid month By by monday a week if by next week there hasn't been a pop to the 75 300s But in fact It's just stuck in the range at some point. This becomes a form of distribution And if there was a close any day Under 59 000 that would suggest that this has become a huge cap to the upside Doesn't say use other indicators. It just says that that becomes your dark cloud That's that resistance that just says at any point It'll start raining heavily and the price should pull back and it's not going to break that cloud For a long time long time in daily chart weekly chart something else So it's a more a shorter intermediate term pullback that has The potential to pull back deeper If it starts to close under 39 000 and that's uh 6 000 points away. So this is a work in progress. Okay So that's the whole area and then I threw in ethereum because a number of people also asked about ethereum I said no no no it acted okay for a couple of days And now it's given back in the dreaded h pattern meaning comes down sharply goes to peak a or b And then fails and takes out the left side low and that would be the low of 23 point 01 that was made on the 2nd of april yesterday uh friday's low was 23 02 so 23 02 and 23 01 Whoa, that was close, but it didn't take it out and we'll see what happens But this is much weaker now when i'm talking about um And when i'm talking about Um this particular area I do want to just go to the dollar for a moment to say look the dollar is holding extremely well The euro as I showed you is very weak and the uh, so talking about current You have to treat bitcoin as kind of a mix of a currency Even though it's supposed to be a kind of form of currency But you also have to treat it almost like a commodity and I would put it in the category of gold right now just because as commodities they both had An extremely extremely strong run up and their technicals are holding okay at this particular point But that's the category so i'm just treating it as a chart that i'm looking at in a particular sector now When I said that I anticipated a failure today and one of the reasons why Because we split that reverse split 10 to 1 I didn't want to I didn't want to put in A profit is a profit we took a profit very nice profit on friday on a very small bit a bit and then we took At another profit today I'm looking at this and i'm saying look you've got invidia Making a round number high of 974 0.00 on the 8th of march. It's only gone sideways. It hasn't broken down. In fact, it looks Very much like the smh's to a certain extent. It's gone sideways consolidating But that pink nine-peered moving average is still in place for invidia if you look at avgo And that's broad calm had a round number 114 13 round number and 1395 Open high and 13501 high and that was after it made the 14.38.17 all-time high So i'm watching these and at this particular point. It's the same thing. It's holding steady So i don't want to get in front of this and say oh everything's collapsing No, the semis are really important and they are not collapsing But what's really interesting is you've got this rotation through the different sectors and you've got Even within the look at last microdiver even within a sector. Look how badly advanced micro devices that i full tell us straight up Straight as really like an egyptian pyramid right here, right? So even within sectors when i talk about sectors, I need to look at this right now. Look the xlf. That's the smb Select financial spider fund makes a 42.22 high recovery high and then it goes to an old Is that an all-time high? Let me just double check because I haven't looked back far enough I just don't recall. Yeah all-time high 41 70 was all-time high January of 2020 when it just snuck to a new high All-time high that was April 1st or the end of March at 42 22 And uh, it's pulled back sharply to under 40 and now it's training at 40 point 40 But look at the kre and we tried to go along the kre thinking There was an opportunity if bonds held if they just didn't break as they did a couple of days a week ago If they held that the kre in fact could find some footing And really not break the low of January was it? Let me just check when that was That was right there February February the week of the 9th of 45 point 67 Wow, it's getting so close. Yeah, there's a 46 50 and on friday went down to 46 Was it 28 or something 46 14? So yeah, that's what i'm saying. There's a very even within sectors. There's a very mixed Market so look at this high-grade copper high-grade copper is trading at 4.31 It's in leg d It looks to me like it's going to hold fairly well 4.2 is would be the key near-term support In the den near dense is tgb. That's a good tgb Oh, man. Look at that new recovery high 267 was the old Well, not the all-time high but the may high of 2021 and the high today is 260 8 cents from breaking to a new recovery high multi your high tgb's to sake of my congratulations Then I know that you love that stuff and you do very well with it So that's a leg e in the daily chart now needed to do this. I had a question. So I had a question. Would I look at alcoa? So alcoa is trading at a $1.70 at 36.90. I've liked it for a long time And I just we never got into it even though it went to the 9-period moving average moved up nicely It did the chamois instant restart already a big one quite there So this is a g-stash c but the 200-period moving average is something that I've been monitoring for a while I thought I've I've missed it. Let's see if we can even get there and what happens if it hits the weekly 36.94 It's right there as we speak If it hits that and it starts to fail and I need to look at the others look x which is us steel A favorite from a long time ago We haven't been in for ages because we had a takeover that I got That that looked like it was in a fail and then it went from 48 down to 36 And now it's trading at 41 35 and I believe the nip one still I think that there's a takeover that they're going to accept but look at stld A round number On the first of april opens at 149.00 it goes to 151 And now it's putting back a little bit. I think the steels have a little problem. I'll be back If you spend any time online researching trading techniques on how to begin your trading journey You've no doubt come across many folks who push forex trading as a way to make big money quickly Unfortunately, there are equally as many stories of these so-called forex professionals Just looking to make a quick buck off his spiring traders without actually teaching the ins and outs of the forex market This is what sets teddy kek stacks the tiger forex report off the riffraff Every monday former chicago mercantile exchange member and author teddy kek stat releases his tiger forex report newsletter Where he dives into the complex world of forex and takes time to actually teach you his methods That have made him so successful in the fast-paced and rewarding world of forex trading Furthermore all subscribers receive access to archived livestreams of teddy's where he provides university level education to help you in forex trading All first time subscribers receive a 30 day money back guarantee. 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One simple answer the opening call newsletter Basil Chapman developer of the Chapman wave trading methodology has been trading the markets for longer than most trading influencers have been alive And over that time he has honed his methodology in order to accurately call movements in a wide range of equities From semiconductors to uranium to key indices and so much more Basil is old school taking the time to educate the trader while also giving his insights into key indices Selective stocks and more opening fall subscribers also receive access to dozens of educational live streams That can be accessed at any time for your edification All first time subscribers receive a 30 day money back guarantee So ignore the pop trading influencers and start learning time tested technical analysis Are you ready to take charge of your financial future? TFNN is your gateway to the world of trading and investing Whether you're starting out or scaling up TFNN empowers traders and investors of all skill levels with top-notch investing systems Strategies and techniques. It's time to protect and grow your money with insight You can trust join us live monday through friday during market hours for exclusive content that moves with the markets At TFNN. We bring the trading floor to you our season hosts are here to answer your calls and questions live on the air Check out the tiger's den for just one dollar and follow us on youtube and become part of our vibrant community And remember at TFN. We're so confident in the value We provide that we are for a 30 day money back guarantee on all new premium newsletter subscriptions and services You have absolutely nothing to risk So why wait tune in live to tiger tv and transform your trading journey because when you know better you invest better Join us and experience the difference today TFNN educating investors This portion of the tiger technicians hour is brought to you by directions daily leveraged and inverse ETFs Whether you're a bull or a bear you choose the direction visit direction dot com Investing in the funds involves significant risk and should only be utilized by investors who understand the impact of leverage And actively monitor their portfolio They are not designed to track the underlying index or security for more than a day Before investing carefully consider a fund's investment objective risk charges and expenses contained in the prospectus available at direction dot com Re-carefully distributor foresight fund services llc Oh folks, so still dynamics is trading at 142.03 up a dollar 40 After very ugly friday, but i'm just mentioning that on the it's all time high It on the i believe that was the first i typed in the first i need to just check that because i did it by memory Yeah full on the first 151.34 was the high but 149 was the open price and here it is at 142 So there is a bit of a pause the sharpest pullback and longest in time that it's had in a month or so So i'm watching that and you you uh Uh You what's oh my god, let me see Why am i forgetting? Oh any you any you that's it. Yeah, steel stock. Yeah, this is the oh don't tell me. I don't have Is that right new new market? I don't have this so it's in you e Not any you in you e. There it is. Oh, that's a good stock. I must put that down any you in you There it is. So this is uh You course still made a peak e No leg e on friday because it made a fractionally new high So leg c in the monthly and this is one of the great companies and it's an a B cd a d in the uh in the daily Let me just see if there any round doesn't have to be but let's just see Yep, 203 all-time high. I I I just I've never seen this. I've just never seen this I I don't even remember some of them. I did the other day looking at them Looking at them and just uh marveling because we were talking about them and then just the day before that had round number all-time highs Um, so that's just telling me there's something's going on here. That's a little different And we've got to be careful. So lcoa. Yes, I like it a lot if you're looking out See, there should be some the economy is still pretty strong. I mean we've seen that Number the numbers over and over coming in pretty decently And if you look at what happened to this steel stocks now, you've got aluminum plain catch up And if you look at lcoa, it's just way below 98.08 was the high in march of 2022 And uh this past year We hit a 223.07 low. I think it was in october And here we are at 37. That's uh, you know, that's a really that's a very good game 14 points So that's 14 points. It's a 50. No, you're close to a double. No, so close to yeah 50% gain and yet it is starting the 200 period moving average And i'm looking at the market as a kind of a slow rollover, but i'm not seeing it. I don't see the kind of 12 to 15 percent correction here at all I see a 4 to 8 percent It depends on which area you are Just a really decent digester phase that i'm looking at at the moment. It'll change if things change Um, so as i'm looking at it, this could be an alternate count of the g-stass c in the daily chart But what would I do with lcoa for subscribers? I'm holding off. I'd like it I'd like to get it But we're gonna hold off a little while and see if it can pull back maybe I'll start looking at it again In the 34 to 33 area that to me is what that makes sense So other than that if you're a long-term position player Then i'm going to advise you that you can just nibble on lcoa right yet 37 27 be prepared There could be a 10 15 even a 20 20 percent pullback And the weekly chart could still be really good. It's got tremendous support in the 33 to 32 area So that's what so that's five points. Yeah, so maybe a 15 percent pullback But at this particular point that monthly chart is suggesting that there's a slow improvement in the technicals And that at some point it's going to be up in the 42 area So that's what i'm saying. I would prefer to have a pullback To to to get in with a little bit more safety factor But if you're interested, so I hope that helps you next question came in when was it? Which which way oh, that's right Could I look at a rathiot? So rathiot, you remember a long time ago? We had we had a caller Oh, I think it was all And I said out of he I think he liked lmt lmt Let me just maybe I'll put that chart first lmt lucky martin. There we go And that just had a big pop today and it's given back most of it And it it's it's trying to get out of the long-term weekly chart It's chapeauve inside resistance the repellent zone It got above it and now it's just gone back into it the weekly chart says, you know, just ho hum stuck here The one that did the best though is gd, which is um general dynamics. That made all-time highs 296.5 On the 8th of april and what do you think 296? Round number open and here it is 288. Well, I tell you these round numbers you got to keep them in focus So let's go back to rathiot. So rathiot. I'd said because of the iron dome I think that rathiot has the best potential both kind of a software and maybe hardware as well But that's the way I'm looking at it out of the different stocks that we looked at and it did make A recovery high recently the all-time high was back. I think january or February what was it? Let me just check 2022 Oops, let me get the little pointer. There it is And that says Got it right here Yeah, has a high of 100. Uh, I'm not seeing it properly with all okay 106 Point 62 that was on the 29th of april of 2022 Paul's back very sharply under 17. It comes all the way back and now it's going to the chamber We've inside track repellent zone in the monthly chart Rookie chart is broken the cup formation left side. We got a beautiful left side right side This is the the price but the time I had to move the plumb line from the locals It looked too obvious that it was lopsided There's the gravy cup where you got a cup that's a little lopsided And it did it two weeks ago and now it's trading in that range So I like raytheon. Yes, the good the only question was Which one do you like best? I like General dynamics, but I think raytheon has the the longer term outlook I think is a little bit more positive. That's why I'm looking at another question came in. Oh, so in the den was mentioned Can't remember exactly what it was about bonds So if you look at the bonds the way it's pulled back here This is a massive move Down one and 25 30 seconds today. It went down to 100 and wow It went down to 113 and 29 30 seconds And what the problem is here is that in this particular pattern Any reversal to the upside has to overcome A lot of negative technical action So to get the pink and ivory moving average to go back to green in the weekly chart I I would think that it has to I don't know if it has to go much above 118 180 and a half Well, this is the one thing at a time For the daily chart to improve And there is some talk about a cyclical low and things like that Maybe so but all I can say is that the technicals are extremely weak and for anything really positive to happen You would have to see a closing price And I'll do this in the bonds and say 118 and a half, but it's the tlt I'll tell you right now tlt needs to get to 92 and it's at 89.06 right now. I'll be back. That was only up 85 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 abryan 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 abryan's gold report newsletter now at tfnn.com The stock market is a delicate interconnecting web of commodities equities and trader psychology When one string of the web is pulled it has a ripple effect across the broader market This is where opportunity lies But how are you to gather all of this information into one cohesive model when you're already spending your energy looking for any possible trade opportunities? Luckily, you don't have to worry about that as tom abryan has brought all important market news to you in one single newsletter market insights Market insights provides a daily overview of what's happening in the indexes bonds gold and more Follow along with tom daily as he analyzes the components that affect the overall movement of the stock market Giving insight into how each one plays either a bullish or bearish role tom also analyzes specific equities that he believes has the potential to make huge returns and his track record proves his analysis right All first time subscribers receive a 30 day money back guarantee. So what are you waiting for? 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Just wanted to show you this a peak f in the uh There are peak f in the 10 minute e-mini right there big g the five minute and beautiful quadruple top right here In the uh one-minute chart went to uh, 30 52 13 point 25 Right there came back retested it couldn't break it made a low low then start to make This chap we're forming x formation retested it gained. This is once Twice three times and that was it and then it broke down went under the 200 period moving average Now it's trying to form some kind of a trading base so it can have a bit of a balance But I have to tell you the reason why we stuck with it with a short position in the dow Uh, I probably should have stayed with a short position in the smh's but Because it was such a strange ending on Sunday early sunday morning To what looked like it could have been a devastating blow to israel um the market Actually, it was hard to say how it was going to respond. You would think that because crudor looked like it was going to scream to the moon. So I think that's today. I think we've got it's now what 10 43 So this is really just the opening selva for the day But what I am looking at here is that there's a chance that regardless of all these other things That the market is just overbought and that we've got sell we're in cell modes in the dating charts Of all but well, let me go to it because the day is young Let's go to that to under that Oh pink on the estimation is that 222 point 23 days young Anything we've seen that already a couple of times today. It's from s to green so long Staying long green But s is saying this particular index not not the whole thing Is saying if it goes pink then this particular index has gone to a cell signal Then it gets upgraded depending on the width of the that's between the aperture between the 9 and 14 moving averages so days young. Let's just see what happens but I don't see how you can have the key indices weak and Just a turn on this there's still a lot of uncertainty there So now I could get back to a a so I told you that's what I'm looking at another question came in with ms os so ms os Advisor shares or you're not giving it enough time was the question Pure us cannabis. So the reason why I liked it very much back in Mid-March was because I thought it's us cannabis you had Kamala Harris Talking about it and I said nothing's going to happen until you get the politicians talking about it positively But we've had so many other things going on. I think it's going to be the backburn I think we're going to have to wait until maybe july Before they start talking about cannabis. Look, they've done everything they can is what all administrations do They're trying to find their voters and I think that's just a whole another voting lot that could be in play But I'm not playing games yet because at eight dollars and seventy cents 77 cents down 15 cents and it only it failed at a peak c Uh, and that's really not very good action. That's not fading. It's actually at a peak c It hasn't gone to c-minus because that would only be if it took out the low of the starting point on the 12th of march Of 730 so we took a little bit of a gain a little bit of a loss. I'm not playing games yet I will be time if this really saw us just saw this took an mj because that's the More international one made a peak d pulling back sharply. That's the alternate harvest etf Cannabis say no, I think we might have to wait the reason why I liked it at the time There weren't all these other things going on and I thought wow if there could be a focus in the administration on this particular sector Then you talk about the the the federal level and all sorts of things that they make a difference But uh, but all I'm saying is that as a chart I we can get back in I'm just Let me put it this way and I'm going to go back to this a couple of times over the next two weeks That alternate harvest etf mj is a symbol And m s o s which is the right the m s s Is the advisers she has pure yours cannabis sector if you're prepared to buy and hold I'm not going to guarantee you this But I feel really confident in terms of chart patterns That you will always get back into the eight seventies eight seventies nine fifties even the tens You will get there, but you're going to need a lot of patience and it could actually drop All the way to seven again before it gets I didn't want the kind of risk We want money I'm we've we've built up a cash position because we're looking at this market being highly vulnerable for a little bit longer And that's the reason why so I hope that helped you next question came in if I can just find the wrong thing Oh, yeah, this is it. I mentioned this in my uh overview Video on saturdays to subscribe to you but every every weekend I do one It's about an hour long and I cover all our positions. I discuss the market what we're looking at what we are looking to get into Alcoa was included in that so it's it's really important, but in the meantime Look at this Canapola, which is trading up 2.79 today Uh at 368.42 had a round number 381 high And then a day or two later goes to 382.01 pull back to the 360s Here it is a 368 not a big deal But it's at a peak g s c which has the character of a peak g right now and the weekly chart is in leg d And look at deer and these are important this catapult of heavy-duty equipment This is a very important if it starts to pull back below 357 in the next week That's going to tell me you got a little bit more to go before you can start looking at these on the positive side Deer is up $1.44 398.85 and what did you do on the high that it made on the 8th of april It had a 413 round number open for 13.92 high Not an all-time high that all-time. I was up in the 450s and it got there about twice over the last year and a half But it's trading now at 399 So it's down quite a bit from the 40 413.92 Peak g high that it made only a peak c a leg c in the weekly chart So this is all telling me that we're in a kind of a rotational market right now There's a question came in can I look at it? Yes, I will Microsoft so Microsoft is in that area that I said could be in a trading range It could be having a big digestive phase. It could be telling us about AI cloud operational system subscription services plus AI and it could be telling us that In this particular market, you've got to keep your eyes on what's holding really well Because you want to know I should also mention we are long from 338 Yeah, it is at 422 um But most importantly You want to know what is ready for the next big move up when everything comes together So far it hasn't come together. But look how nicely Microsoft is holding. I don't think that's going to stay because the longer you go sideways like this It's like distribution. I suspect that we won't be pulling back. But if Microsoft closes under 415 at any point in the next two weeks I've got to think that that's going to be that's going to aggravate Things like the xlk, which is the s and p select the spider tech fund trading at 205.30 made a 212.35 all-time high Just a month ago. All right, I'll be back for the final segment and uh A couple of questions came in. I'll try to get to them as we wrap up for today um Marathon Boston Tigers we have some exciting news Live trading fridays are here Join larry pesevento every second and fourth friday of the month 9 a.m. to noon eastern time as he places short-term trades and gives insights into his strategies That's right. 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You'll find fibonacci 24 7 right under the newsletters tab Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com and hit watch tiger tv. That's tfnn.com and hit watch tiger tv i've also just just to put it just as simply as i can If the smh's Closed negative today that is with the pink nine period exponential moving areas. We then have On the daily charts not the weak weak. You'd still look really good. We have the dades and cell mode tau s and p q q q i w m waiting for the smh's right now Did turn pink look there it is little s shows up there So i'm watching this very closely because i think that's kind of the bell weather that i need to look at maybe you know But i do and as it stands right now the consolidation that we've been talking about is still ongoing And um the other factor that i think is really very important is that the hgx That's what i was asked about and i'll go into it right now the hgx, which is the Philadelphia housing sector index Which is trading down 4.41 at 685.58 that's telling me that in a dating chart It's in a cell mode the weekly charts at a peak e and it's pulling back So far the technicals are still good, but those higher yields are going to impact The housing market at some point it just seems to me to be quite obvious just on a Theoretical basis, but we'll see if on a practical basis that's going to happen So with that i'm going to hand you over to steve rhodes should be great programming today lady the fabulous i managed to watch Just a little bit of it on friday fabulous friday all day webinar at least all morning webinar it was really Terrific i think was quite successful actually and that's really the most important thing that was the objective So with that said i hope you can check out my opening call my dating newsletter We've become even more selective. We've been raising some cash Uh, we have we have stocks that we want to buy we have positions We want to buy waiting for a pullback to get them I'm still bullish looking out but i did discuss and i didn't do it today I'm waiting to see where the smh is closed I had i did discuss in the my overview for subscribers that those weekly charts Have the potential to be making these e's and f's And a lot of them have chapter c big c1 c2 I'll be back tomorrow. Have a great day