 The following is a presentation of TFNN Trade what you see With Larry Pezzavento toll-free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Okay, I'm looking good Billy Ray feeling good Lewis I posted the chart of the German Dax and the footsie as they were very early in the morning I know they sold off substantially, but whether they came back or not I'm not sure our good friend mr. Allen Smith over the UK always Updates these for me early in the morning, but right before the show I don't have an update but given the fact that we are so very strong that would be really Hard to believe that they would be down But hey anything is believable these days folks. We had a real interesting situation here as we went off the markets on Friday I wanted to bring this up to you and explain to you I sent a special video out on this over the weekend actually on Sunday to alert you to the fact here that we had this perfect ABCD pattern there at 4440 in the E-mini S&P and we opened down about three points The reason why I brought this up to the folks was the fact that if this were to fail I mean, there would be nothing to keep it from making new highs as you can see We've already done that and the reasoning behind that was there was twofold There were two things that were happening that I thought were very important from the market stand for forces One is we always watch Hong Kong because that's the gateway to China And if you take a look here at the Hang Seng index here on Friday, you'll see we had a really big break We got down to twenty four thousand six hundred But the market rallied all the way back two hundred and fifty points to close at two forty eight And last night in the UK, excuse me in Hong Kong when it opened, which was about I think eight o'clock New York No, yeah about eight o'clock New York time The market opened one percent higher I mean just out of the blue and of course it had a strong rally after that and that's what triggered the rally in the S&P because we went from Forty-four forty all the way up to forty-four fifty-three and stayed there for a little bit and gee once it went above forty-four Forty-three, you know or forty-five anyway You knew that it was probably going up to make new highs and you can see the Nasdaq has gone way past the 1.618 expansion of that shorter time frame that we were looking at so those are a few of the things now There's one other one that I thought was very very important This was our trade of the day if you want to say that anyway We sent this out Sunday to get ready for the bottom and crude oil Look at the beautiful ABCD here and crude now the crude oil could have failed just like the S&P could have failed But you'll notice here went right down to it folks it made it open look ten cents lower than the low on on Friday it did immediately rally for four four thousand five hundred dollars and That's that took it three days to do that the last time here. It did it in about it did it in about six hours So this is probably a significant bottom here in the crude oil That was another reason why I was thinking we could probably get some more rally in here and the fact that we do have this Blue moon situation thanks to mr. Presley where we have two full moons in the month of The same month that happens about every 18 months by the way our guests today Will be none other than Tim boss? Tim is been giving us some really great information and he's got a great course on those of you that are interested in WD again, you'll be talking to us about that for the break. So there's a I mentioned in the newsletter and also in the Videos that I sent out that we were at absolute major major major support in a couple of things that we were looking at From a long-term stance of standards and one of them, of course was None other here than our good friend mr. December corn where we were talking here the support here at 5 30 The low today folks was five twenty nine and a half We're now trading eight cents higher on that not as good as the crude oil But still a big move to the other thing in addition to that crude oil folks if you take a look what was happening With the heating oil which you remember we've been we've been bearish this stuff for about a month Especially crude oil from about the 77 level all the way down to the ABCD that we hit today We're due for a Tremendous rally and if you look at this heating oil just defy human nature as 20 men says and do the work yourself This is not a head and shoulders pattern. I keep this in there because people confuse what a real head and shoulders pattern is It's only a head and shoulder if that right shoulder you'll see there on July 28 If that right shoulder is lower than it was back there on June the 10th Then it's a head and shoulder if it's above it you can't do it That's the definition that Andrew Lowe gave it in his book You know the evolution of technical analysis and also non random walk down Wall Street So it has to be lowered the reason why I showed it is the fact that you do have some really nice Cyclical things and basically that head and shoulder is a double top It's not a head and shoulder and that leads to here now the BC the AB leg Guess what down eight days in a row the CD leg today was the eighth day boom What does it do? It rallies a sixth sense So though those are just the technical factors that I was looking at today There's still a lot of information going out on the news about inflation and deflation and all the other stuff And of course the Fed doing their virtual show from Jackson Hole Wyoming Which is an absolutely incredibly beautiful place We'll probably have some implications in the market, but everybody's already Expecting them to act in the way that they'll keep the market very very bullish We were entering a time of one of the biggest anniversary dates of the market that is August the 25th of 1987 that's when we had five planets lined up all in the sign of I believe it was Aquarius no wasn't Aquarius five cancer all in the sign of cancer and That happened on the 25th the market top that day broke down for two weeks It rallied up to a perfect 61% retracement on October 2nd Went down to the close of October the 16th Then we had this is Friday and Saturday the 17th and 18th and October 19th They wrote the history books with the Dow being down 16% in one day over 500 points someday in In my lifetime, we'll probably see something like that again, but they better hurry Let's take a look here with a really cool chart was sent to us by a good friend Jim Bartolioni Let me get this up here. He's one of the F-16 pilots that Let's try that again Larry F-18 pilots. That's the Navy. You'll see here. These are This is Palladium. It's used in a lot of electronics But you'll notice here the little boxes that he has marked there It really shows that Palladium in the New York Stock Exchange index have a great deal of correlation Maybe it's because of the products being made or whatever it happens to be but it's interesting I have never traded Palladium. I I don't know anything about it. I'm not even sure how to spell it I put it in with one L and they got mad at me So I put it in with two L's but that's that's what he's seeing here So and we somewhere up in here folks in my lifetime and I think I'll leave at least another 15 years The we're gonna have a correction if nothing else and possibly, you know a big top and nobody nobody I warn everybody about it. I know the warnings go and he did so that's not a big deal too But listen folks when you see action like you're seeing today when markets break through The patterns that we look at it's going higher eight seven seven nine two seven six six four eight Markets can rise and fall like the ties Subscribe to Basil Chapman's newsletter the opening call and you too can ride the wave Basil Chapman is an authority in technical analysis His Chapman wave trading system has been helping traders identify trends and capitalize on momentum in the markets since 1984 TFNN invites you to test Basil's proprietary Chapman wave trading methodology with a monthly subscription To the opening call newsletter for only $149 Your subscription to the opening call comes with a 30-day money-back guarantee as well as daily market updates on key indexes stocks and commodities Ride the wave sign up for the opening call risk-free today What's separating you from the most successful men and women on Wall Street? 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We're back and we wanted to have a question ask a question about apple I posted it up here folks this hourly chart You can see we're forming an a bcd pattern as we speak up here at 150 bucks a share The old high was 151 and change could easily make new highs But that is a tradable pattern at that 150 level In apple now. I did want to bring to your attention amazon because it's in the news It's had a big move. It's up about 70 Little more than 70 dollars right now, which it's been what we call a tiny bit oversold you'll notice we went from 37 75 all the way down to 3175 wow hard to believe it dropped 700 points We're rallying back today. It's one of our strongest days we had since You know early july, but that's just a short covering rally folks And the you know market has extremely been oversold and so the shorts are covering in there that that's a very negative chart I don't know where amazon's going long term, but In the next few months. I think it's going to be making new lows, but it's still a little bit Away from you know any type of sell place, but this was basically what happened They they have some people short in the morning and boom a way they run it to the downside So let's remind ourselves that this can just be I I don't trade a 20 33,000 stock. I'm just bringing it to your attention to show you, you know where we are Now the other one that I wanted to bring to your attention to you here Is the gold market because it has been extremely bullish ever since we made that big abcd pattern on the downside At 16 75 the low was 16 73 50 you notice here the same thing is in the s&p We had a beautiful abcd pattern on friday and what we do we came down just a little bit We couldn't even make the support down there at 17 60 could only get down to about 17 75 last night and then from there We went all the way up to 1808 Which also means it was a more than the 78 percent retracement of the hive we made from from july 28th So all of that's telling you this gold is acting extremely bullish We had the same thing happening in the silver market and silver, of course was a little bit Let's get the holy cow. Let's here. I've got it right here. Hold on a second Let me get this up here. You'll be able to see it. We this is the daily on the silver We talked about this in the video that we sent out That it was ready to have a pretty good rally from this 22 97 level and we've already been up to 23 65 today, but that was a nice retracement It was down five days in a row and had it just completed the abcd down there at 22 20 And that was a good place to go longer I know how I happen to know some of you folks that were in it And I they asked me what to do next and I said well First thing you should do is rely on your own judgment because that's the only thing you can gauge this on folks You can't listen you can listen to what I say, but you have to do what you want to do I'm just trying to give you some ideas and hear of what we're looking at Just when I looked at all those grain charts, you know over the weekend I said boy these really have a possibility here of coming into some major sport and especially the corn Because now you're a farmer. You're basically free if it goes black below that 530 level you certainly don't want it, but at least it started in the right direction And that's the whole key to being successful in this business is be concerned about your Risk that you have on a trade now about how much it's going to make because If you concern yourself on what how much you're going to make you're in big trouble And the reason why is you don't know the future. Nobody knows the future So you have to concentrate on what's happening now and what happened What's happening now is how much you got on the table and that's what you've got to focus on Just like in in in sports, you know baseball teams that have great defense always have a chance to win Same thing with football players hockey players soccer players Even tennis players that are hurting. What do they concentrate on they concentrate on defense? So that's something that you have to remember, you know when you're trading It's not about how much money you make it's about how much money you don't lose remember Warren Buffett's two rules Rule number one Never lose money rule number two. Don't break rule number one So that's it, of course you have to put yourself at risk sometime And that's where you become a trader and you have to determine what that risk is And then that'll make it, you know much easier on you, you know to be able to To be able to see that so I think it's important the other one that we were Extremely interested in and let's get this up here to talk to you about it And that here was the euro and if you have to you're going to have to remember Those of you that belong to the 24 seven videos I sent this out as early as I could Sunday because we had a possibility here of making a low down there at that 1670 level and the reasoning for that folks was because what was happening with the dollar index The dollar index was telling us that there was a very strong probability that we had made a major ABCD pattern here now I'm going to bring this up here. You have to follow through with me here The a is down there on january the fifth. That's a B is on march the 28th C comes down into may the 25th And D was friday and that is a absolute perfect abcd pattern Defi human nature as 20 men says you'll be able to see that you go right up there to that 9380 and bada bing bada boom that last little ABCD leg on the daily didn't make it it said 9390 this one went to 93 79 And that was the abcd now why that's important and why that is important Is because of what's happening on the weekly chart of the of the Oh of the dollar index and the reason why that's important folks is because that's a very very big one I need to show you that because I think if if the dollar is going to have any trouble And I think it's going to down the road. You're going to be able to see why let's get this up here to Let you see here get to the weekly because this is a to me. This is the most important The most important chart that we have here these next few weeks here We get this up here and you'll be able to see the weekly what we're looking at here Okay, now you have to look closely but look at what's happening over the last 10 weeks Just go up here and look you'll see a beautiful abcd pattern as we just pointed out Right there 93 79 and if you if you count the bars in your ab leg This is weeklies, too You're you're going to see that we have a major major three eight two up there And that could be the kiss of death for the us dollar because stop and think folks we have been Since the 25th of december a little over a year ago. Okay, uh, lucy 26 december now That's about that's about nine months nine month december. No, wow. That's december 20 Yeah, so we're talking about we've been in this thing here now for quite some time And so this is a perfect abcd at a 382 retracement on the long term weekly on the us dollar That means if that's the case it means that the us the euro might be the one that's turning and that's why We were saying, you know pay attention to the long side of the euro Because it looked like it had a chance to have a pretty good bottom And of course you can see here from this chart today This thing has been going up all morning long and it continues to go higher So we've gone from well, we've rallied up about 80 pips already So that's a that's a pretty big move into euro and we think this could be the beginning of something But those were the ones that we were learning you to just looking at the two different patterns between what was happening with the uh Dollar index and what was happening with the euro and help spot that out just like looking at the stay tuned for 10 boss folks We'll be right Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with Become an apex predator in the trading markets and join the tigers den trading room only at tfnn.com The tigers den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas Join the den and surround yourself with the sharpest minds in the trading world Subscribers to the tigers den are also the first to have their questions answered live on air And can privately chat with our tfnn hosts live during their shows Interact with other tigers and tigers as they share trading ideas news analysis and discuss the market action all trading day Subscribe to the tigers den risk free with our 30 day money back guarantee and become part of the tfnn trading community tfnn educating investors You could be making money off the stock market and if you're already making money off the stock market You could be making a lot more Check out tfnn and tiger tv and get expert investing advice to give you the power to control your financial future Go to tfnn.com and find the newsletter for you Whether you're into trading gold metals futures currencies or options You'll get advice and analysis to help you seriously get ahead tfnn also features trading services with a 30 day money back guarantee for new subscribers As well as tfnn's tiger den trading room trading software and educational webinars for all trading levels And make sure you check out tiger tv for free on tfnn.com or tfnn's youtube channel for live Financial content from 8 30 a.m. To 4 p.m. Eastern on market days Stop watching on the sidelines while other people get rich and become the investor You were born to be tfnn educating investors tfnn is excited about our new software charting program the art of timing the trade charts In collaboration with tom o'brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David white has programmed an outstanding piece of software that will complement any trader's methodology Using this first of its kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci formation setups including art lease abc's butterflies and much more The art of timing the trade charts is designed to help you when scouring the markets for stocks Just beginning to form the trading patterns that many investors spend days weeks or even months searching to find And right now we're offering licenses available at only $79 a month We are so confident that you're going to love this new charting software that will even give you a 30 day Unconditional money back guarantee don't miss out on this incredible new piece of software Get your copy of the art of timing the trade charts today by visiting tfnn.com This segment is brought to you by think or swim for more information Just click the think or swim banner on the front page of tfnn.com Okay, we're back folks and I believe we have tim bossed in the house tim. How are you doing? I'm doing very well this morning. How about you sir? I'm very good. Everybody in the room would like to congratulate you on the calls that you made a couple weeks ago Because they were spot on that august 16th trade and the august I forget what the other was the 19th trade all of those were just absolutely spot on So we wanted to have you on again for two reasons The main reason is is that you're doing some really important educational Webinar coming up here on wd again. Do you want to tell the folks about this? I think it's important enough because I respected gan is You know a great technician that he was and quite famous, but tell the folks what you're going to be offering Right, we've got a brand new gan class. It's starting tomorrow in fact on the 24th of august And we have done some gan training programs in the past Done some writing on on his work and continue to be amazed and fascinated with all of his methodologies This is a little bit more advanced program We're going to be taking a look specifically at gan's work with time and price And then his methodologies for combining the two which of course is essential if we're going to be able to trade successfully And a specific look at the work with the gan did with planetary price lines It's the astrological way of combining price and time. That's an extraordinarily powerful tool He made some notes on some of his trading charts and and put in a few Scribbles here and there that indicated that's what he was doing But it's he never developed it totally during his lifetime, although we know that he got the benefit from it So we're focusing primarily on that. It's a six week class We are meeting weekly via webinar each week and going to do a deep dive into that subject And so we still have a few slots open for other students We are starting approximately 24 hours from right now. So We can have a way connecting there and get connected and let us know if you want to join the class Okay, well the super folks you folks know how to reach him and we'll post that again today But you've got a chart here that we have an interest in and that is the one that you posted the last time You're on about august 19th now That was uh thursday, of course now we've made a new high today. How what's the the first question someone's asking is What is the the margin of error here because you're talking about something that's including weekends How many days would this have to go up before you consider it wrong tim? That's what I'd like to the question That's a great question And you know when you start to factor in the weekends and whatnot it does skew things a bit And typically we're doing our work using calendar days rather than trading days So you may want to use different parameters if you're setting up short term trades But typically we use gan's rule, which is the rule of three. You look for three Price bars to confirm or deny whatever it is that you're anticipating there So that's the the the fudge factor if you will Okay, okay that that's that's pretty good. So it's it's called the rule of three Right, this is one of the techniques that gan used. They said look if you can see a signal in the markets That suggests you've got a change in trend Then watch it for a while and make sure that you've got three confirming Price bars there at whatever time frame you're trading before you make your move Wow that one I wasn't I wasn't aware of and I did a lot of work Of course 20 men did the major work on that stuff. So I have to I'd have to rely on him because The late robert krouse worked on that and and he put a book together on that specific methodology. So Okay, mr We have a question for one of our listeners is what are the odds are that this is reversed in other words Uh, the 19th is no longer functional And that uh, you know the fact that you were lower last week and now you're higher this week Does that have any effect on it at all or is that rule of three? No, we're just saying basically three trading days Past the 19th. So that's 20th 22nd 23rd 23rd 24th. So the 24th would be the last day there, right? So right. Yeah, we're looking for confirmation tomorrow On on this to see if that actually holds there But we also have done some additional work here. We have revised and updated our cycle projection what we do is is combine The various cycles that we're able to detect and try to create a synthesis of them to get an overall picture So what we just showed was the chart that we shared a couple of weeks ago And so we did a little bit of work here over the weekend to see if we could update that process And uh, this is what we're getting here. It's at the decline doesn't look quite as precipitous as we were seeing in that previous chart But we've been able to extend this out through the end of this calendar year. So this uh, Black line is showing the s and p through the close on on friday With the closing prices there in a line chart The red line is our cycle projection. Uh, and that extends through the end of 2021 here the end of december So we can see that we're looking at still a decline moving into The the next couple of months here with a good potential for a rebound You know after the the end of october there So that's that's the the basic thing that what we do then is go back and look at the inflection points in that cycle And see what's coming up astrologically. And so what we've been able then to do is combine this Is in an astro cycle Projection and we've identified about a dozen different Events coming up that we think are going to be fairly significant Over the next few months in determining Uh, this particular direction with the markets Now again, we don't try to trade on this information alone But we like to have this broader perspective again one of wd gan's core principles Was the idea of using multiple time frames He insisted that you need to keep weekly charts and monthly charts as well as daily charts And of course, he was doing all that work by hand. It's a little easier to keep up with On the computer here. So that's why we try to do these cycle projections a few months out ahead So, you know, we've got the final four months of the year here to give us an idea of what we're anticipating It doesn't mean that the markets will adhere to this precisely But we at least have to have an opinion to know whether or not we're right Well, uh, tim, we have a question for one of our listeners and you're showing this red cycle line Now that the depth of that cycle line that is related to time. He is not it's not the actual Price level that you're looking at basically means the time down Exactly. So you'll notice here on the left side of this chart That our red cycle line is considerably below the actual price levels of the s&p So you we're watching the the twists and turns of the cycle line indicative of potential shifts in market direction This does not indicate the amplitude of the move In any case, so we're looking for the for the general trend dynamic here Oftentimes the amplitude will surprise us, you know, we get a much bigger move than we anticipate or a much smaller one And so it keeps us entertained anyway Well, you've been doing incredibly well with your prediction So you certainly deserve all the accolades that you get now We have one other question and that's one of our listeners is asking Is the red line that you're talking about with your astro cycles projections. Is that any related to the bradley model? No, this is actually a Derivation of composite cycles rather than the bradley model the bradley model is a useful one And we often apply that as well. But what you're seeing here is not The bradley model what the bradley model does is take the astrological aspects And kind of tally them up there Donald bradley did that work back in the 1940s and it's it's proven to be a useful tool But this is not derived from that Okay, okay. Well, that's really good now. We're gonna have to pay a Bills here we stay back with us a little bit and we'll talk about the blockchain folks Absolutely, we'll be right back with Tim boss folks financial cycles weekly Are you in the market for buying or selling real estate in the bay area? Including the surrounding st. 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Call tiger real estate LLC today at 7 27 32 9 83 22 or email us at tiger at tfnn.com that's 7 27 32 9 83 22 call us today The technology around us is changing every day with so much happening It can seem impossible to keep up with all the information David white's investment newsletter the technology insider is designed to give you all the information you need to understand The technology that shapes today's markets and tomorrow's future David white has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only 37 and 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30-day money back guarantee tfnn educating investors Are china a shares hot or not? If you trade china a shares now may be time to take a closer look trade chAU or chAD Directions daily csi 300 china a share bull and bear etf's china a shares in either direction Visit direction investments.com today an investor should consider the investment objectives risks charges and expenses of the direction shares Carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus Please contact direction shares at 8664767523 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 Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com then hit watch tiger tv That's tfnn.com then hit watch tiger tv Okay, we're back folks. We're talking with tim boss financial cycles weekly Tim we're going to talk a little bit about the blockchain or cryptocurrencies I have some people say that the cryptocurrency is a misnomer that it's really about a Technology known as blockchain. Do you follow any of that fundamental stuff? Does it ring a bell to you at all? I've done some study in in that area Larry and and the blockchain Is the system by which it validates the value of the cryptocurrency? and it's an interesting kind of concept because You know, we typically we've got currencies that are pegged to gold or to silver or just with fiat currencies Based on the on the good good faith that there's something actually out there that means something so with Bitcoin and other cryptocurrencies that use the blockchain what they're doing is essentially creating a ledger and that ledger is Recording all of the transactions That take place with that currency and the ledger is then duplicated amongst thousands of computer nodes around the world That all operate independently, but are also Interconnected via the good old internet and so whenever there's a transaction It has to be verified and cross-checked on all these multiple copies of the same ledger And then once everybody agrees that yep This amount exchanged hands and it went from here to there Then that is added to the ledger or the chain that adds another block to the chain hence blockchain and so That that verification process then amongst multiple people, you know, if you and I You know like the same kind of food or the same kind of movie we can agree on that But if a hundred people all agree that it's a great movie then it gets a high rating and and becomes a box office success So it's the same kind of thing. It's that group verification That's what the blockchain is all about and that's what makes this such an extraordinary concept In the world of currencies in general Wow, that's really cool. You knew more about it than I thought Hey this and but and I think you're just keep learning stuff, man Absolutely for sure. Well, you mentioned the last time we were on that if the bitcoin could get about 42,500 That it was probably going to be off to the races and we hit 50,000. So What are we looking at here now? We've gone above the chronos line. So that that is relatively bullish, isn't it? Right. Absolutely bullish. What we're looking at is that darker line across the middle there These are all eight harmonic projections of the chronos line, but that one in the middle Is is the first harmonic one very very important configuration And that was at 46,544. And so when we broke past that 42 level there 42,044 then that was the next big target And in terms of the most technical analysts that were following bitcoin, they were looking at 47,000 as a critical level of resistance The chronos line is a little bit shy of that, but you know, it's close enough at that Level of 46,500 and change there So we have now seen a definitive Breakthrough with that if this is adhered to the free training day rule And so we now have broken that level of resistance Which is very very important for bitcoin What that does then is leave us this next target at 51,044 The 50,000 mark has had a lot of psychological energy behind it as well. We did break earlier Within the last 24 hours that traded briefly above 50,000. I checked a little while ago. It was at 49,057 So it's still kind of fighting that resistance at 50,000 But for me, that's kind of a side argument What what i'm really watching for is that next price level at 51,044 there 51,044 Okay, we have a question for one of our listeners. This is a personal question Maybe you don't want to answer it, but how if you were I imagine you're involved with this Do you go through a coin exchange or how do you go about buying the cryptos that you're looking at? Tim Well, there are a variety of exchanges to deal with my favorite way of Accumulating cryptocurrencies is having clients that pay me in in bitcoin. So Get out of here. Oh, yeah I do some consulting work and so forth and so Some of my clients pay me in fiat currency some in crypto and and we have some Setups there that that do split the difference I get you know half the payment in in us dollars and half in bitcoin and and i'm happy with that kind of arrangement So it is a means of transaction and the great thing about it Is that it cuts out all the banking fees and credit card charges and all that mess along the way So it's a much cleaner at a lot of level of exchange Which is one of the reasons why i'm very bullish on it long term as well Well, that's very cool. I didn't realize that I should start doing that, but how do you break a penny in half? There you go Hey, listen, we have the one the other one that you have here you're talking about this You just brought the price up of where we were Today with brit bitcoin right now right now. Do you have an ultimate price objective on? On bitcoin and say in the next five to six months or at the end of the year. What do you think it? Well, I've still got my eyes on that hundred thousand dollar mark. I'm not sure By the end of the year, but Yeah, we need to work through these increments here and get past that We're just north of 60 000 at the high that was set a couple of months ago And so that you know, we need to to break previous levels of resistance In order to have a legitimate projection there, but If we get about 65 100 is not that far that's for sure Remember that we were we were trading below 30. We were trading at 29 000 just one month ago on the 20th of july so This thing can move pretty fast And it has been for sure now. I would like to take a few more minutes here to talk a little bit about the class that you're having here I'm going to put a listing up here Are you the question is someone is he positive on are you positive on any of the other? Coins or tokens that that are in the news. Do you just look at the bitcoin or Do you use any others? Very I try to pay attention to what's going on and certainly look at the news stories but a couple of factors one Ethereum i'm very interested in because it has a different kind of usage And it's fairly well established There are a number of others that are worth taking a glance at but most of my work I'd say probably 95 of the work that I do in the crypto space is with bitcoin Mainly because it's been around longer. We have a trading history that's well established We can do the analysis and do the back testing there If a coin's just been around six months something like that it may be a lot of fun very intriguing And you know, but but doing the the scientific work and the real study with it is is difficult There was a writer from the new york times who started a new coin and was writing about it last week He called it the idiot coin and He did it as a joke Just try to figure out how you start one of these things and now it's suddenly going up in value And he's just totally aghast if it makes money for him. He'll put he'll donate it to charity But he says I try to discourage people as much as possible. That's why I called it the idiot coin But people people won't listen. What can you say? Tim I have one other request on september 3rd We have the giant anniversary date of the cry of the high of 1929 Would you be kind enough to be our guest on that day? Friday the third yeah, we can make a friday happen that week surely Thank you very much and good luck with your again thing tomorrow And may god bless and we'll see you on september the third tim boss folks financial cycles weekly Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv Live every market day from 8 30 a.m. To 4 p.m. Eastern for free Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts To help you make the right moves with your money Watch online at tfnn.com or on tfnn's youtube channel and become the investor you were born to be tfnn educating investors Markets can rise and fall like the tides Subscribe to basal chatman's newsletter the opening call and you too can ride the wave Basal chatman is an authority in technical analysis His chatman wave trading system has been helping traders identify trends and capitalize on momentum in the markets since 1984 tfnn invites you to test basal's proprietary chatman wave trading methodology with a monthly subscription to the opening call newsletter for only 149 dollars Your subscription to the opening call comes with a 30 day money back guarantee as well as daily market updates on key indexes stocks and commodities Ride the wave sign up for the opening call risk-free today Introducing primal edge today It's even more important to take a supplement to complement your health Primal edge is specifically formulated to boost your immune system and help with weight loss better sleep Stress reduction and the need to detox our early ancestors found all their nutritional requirements in the wild environment But today our food sources don't contain the vitamins minerals and nutrients that we need to stay healthy and strong That's why we need primal edge daily nutrition It includes a special blend of ionic soil based vitamins minerals Fatty and amino acids and an easy to use liquid form primal edge is powered by highly concentrated humic and fulvic acids Nature's preferred delivery system. They've been called miracle molecules because like sunlight air and water without them life cannot exist That's right ellen. They ensure we receive all the nutrition we need to be healthy and thrive We take it every morning primal edge just 89 dollars exclusively at tfnn.com Hi folks, this is steve rhodes. Stay tuned for another great hour of the trader's edge heard here at tfnn.com Okay, rebecca folks We certainly want to thank our good friend tim boss for this great information that he's got for us So we'll have him on on the september the third, which is the anniversary the high of 1929 long time ago I posted the chart here of the dow Jonesy mini as you can see here I believe we are approaching the uh old high up here I'm not sure that could be at 35,605 So if the dow gets up more than 600 to the next two days It would make a new high at that abcd pattern now Another one that we were paying close attention to along with the others And we were talking about the fact that when we came in on friday, you'll notice here that we were right here I posted it. I should be able to see it You'll you'll see we were looking at the dowy mini on sunday And of course after the chinese market jumped up and hong kong market jumped up one percent We shattered this and this said the market was going to go a great deal higher at least to 35,348 I don't know what the high's been so far in the dow e money e mini, but that would have been the objective for the day can someone tell me what the high has been in the e mini s and p e mini and dow jones so far today I can't get a live one until the show the show goes off the board, but it should be 35,000 I believe 438 or something like that. So we'll pay close attention to that By the way on wednesday, we're going to have stan harley as our guest And I think he'll always have some great stuff that we've been been watching along and i've got a few new guests coming along the road I haven't You know verified it yet. We're also going to have your own bresser back In the next week or so. He's got some other things that he would like to share 35 356 has been the high. Thank you very much Both so within 100 points of that Pay pay close attention to that, but we've shattered the nasdaq number We've shattered the s and p number. So we're probably Going to be topping whether it's going to be today or tomorrow Let's pay attention because uh, you know, he's had some good stuff tim has showed us and we're right over this This big blue moon or full moon as we as we know it So live every day in an attitude of gratitude and may god bless