 The following is a presentation of TFNN, the Tiger Technician Hour with your host, Hazel Chapman. Call now. Call free at 1-877-927-6648. Hazel Chapman, you have Monday, January the 31st, and we're looking at the Dow down 1 at 34,727. I'm impressed, I'm impressed because whenever I see a sudden rise in the market in the last hour after kind of being choppy but not doing all that much from the day before, the price of the day before, very often you give back 20 maybe even 30% of the last hour's extra push to the upside. Well we did that, but now the Dow is trying to come back. So there are so many conflicting things that in the den was a couple of things were mentioned. I'm going to take that, thank you very much G7. I want to use that as well. So here we go. The strength of support in the 34,000 to 33,500 has been really good. I'm suspecting what I said from my subscribers to my opening call when I had my very long video on Saturday, trying to just go through all the different complexities of the market was that I see enough strength to build a base and now I'm seeing enough strength to start to try to go to the upside but there's still a cap on the upside just at the moment. And there are a couple of reasons for that, I don't get it, Tommy Jr. just in his show that Mark had kicked off a few minutes ago was talking about the difference and talking about the variants of the COVID, etc., and welcome back. We missed you for the last two sessions. That's kind of, that's really important because it's how does it play out with a job interviews just, you know, all the things that pertain to having a society that's able to move around and do the things that what normally does and that's been curtailed for two years now. How do we come back? So let me go through this in my way, which is looking at the strength of the different indicators and you can see the nine period, the pink nine period moving average still sharply below the 14 period moving average in the Dow daily. The 200 period moving average has been a repellent and a propellant but only very slightly to the upside. Mostly it's a magnet and every time the market wiggles and shakes up and down and up and down like a yo-yo, 34,530, 200 period moving average has become the place to go to. We're also looking at the magnet. Now the histogram starts to turn up, I like that. That's good. The stochastic finally is out of the 20% range in the 35%, that's at least for five sessions after the load that was made a week ago. That's kind of pathetic. It should be at 48 to 53% but it's good that it's rising. The on balance volume really looks very weak and that speaks to the issues that I wanted to come to in a few minutes and I'll do that when I'm talking about the one sector indicator and one stock. So in the meantime, if you're looking at the weekly chart, it's in a sell mode in the daily chart. In the weekly chart, everything here is weak and the nine period closed under the 14 period moving average. Doesn't say you can't run into the 35,230 nine period moving average, another 6,700 points from here but at the same time we are looking at a situation that says a great deal of damage has been done and that has to be prepared. Look at the S&P, slightly different, we are now long, a variant of the S&P, that's fine and one of the things we're looking at here, leg B has finally started. The MACD is also weak but the histogram is improving, stochastic is 28%, that is kind of pathetic and the on balance volume is very poor and the nine period moving average is still way underneath the 14 but that's how you start when you've had a major setback from 48,18 down to 42,22, you need time and you need price to be improving in a concerted way and I think today we're starting to see that, that's a good sign. Weekly chart is still horrible and that monthly chart went all the way down to the 14 period exponential moving average of 42,42, remember we went down to 42,22 and now it's nicely above the green nine period moving average as we go into the end of January. So what we really want to see is 45,85, the 40 period moving average, you want to see a close above that, that will be very important, you do not want to see another test of 4,400 in the daily chart of the S&P which is the 200 period moving average because that's just going to confirm for me that the pattern that I was about to draw in and I'll draw it in now could have a lower arch formation but in the meantime I'm giving it a lot of room, I'm saying there's a chance in the next two weeks or so we could have a move higher, very choppy but basically trying to get higher and so far today up 28 is very good at 44,60. The QQQ, many questions came in, I'll deal with them right now. QQQ in leg B, I'm calling it a grade leg B in the daily chart, that's a pretty big move from 408 down to 334, that's kind of bear market material but that's not the point, the point is that those Indiex 100 stocks right now already should have a good balance to the upside and we'll treat it first as a balance and then see what happens. Let's just see for fun, let's go to the ARKK, that's Kathy Woods, oops, not Bark, I play tennis with Bark but with ARKK. Yeah, nice move up, up 4.36 and 73, 28 being decimated from the high just at about 160 to the low of about 84, got 64, got over cut in half, very, very poor action. Now let's do a couple of things. So the QQQ, a couple of questions came in, if the Qs are in a sell mode, what would I expect in a decent balance given the oversold condition especially as I related it on my, I mean my webinar on Saturday, on my video on, overview video on Saturday with a VIX index coming down if it continues to come down, well it's very important. We've had an internal low December the 31st in the general market, December the, let me just go back to this again, that was in the stock market, that was December the 1st, then there was that big rally up to 36,952 in the Dow, then a move down to the 33,150 area, in the QQQ we saw something very different, we smashed through the December 1st low and that was a low at 378, we went all the way down to 334, so something very different. Now this is the start of a brand new move in the QQQs, it could very well be, at this point I just want to deal with it to say that in terms of the oversold conditions, absolutely you're looking at the good chance of a decent balance. Now that pertains to the QQQ's monthly chart, I had a question about the monthly chart, the day's young, the QQs today up 6.26 could actually push all the way to 360, the 14 period exponential moving average on the daily chart and that'll change dramatically the monthly chart pattern in the QQQ, I need to talk about this candle because if it actually does push up quite a bit more, we'll have a Chevrolet Roman candle at a top, close to a top, what happens after that? We're talking about I'll be back, God help me, what a 7 points. 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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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 toll free at 1-877-927-6648 internationally at 727-873-7618. Hi, folks, we're back. So as I was saying, we got the QQQ. So if there's a really strong session today in the at the close for the QQQs, then this monthly chart, if it's able to close today, it's a monthly chart. So today is the last day. Got another many hours to go. So if there's a close, I don't know if we can do it. They actually get to 368. That's another 10 points higher. You know, with the squeezes we've seen, let's just say, anyway, what I would say then, at any point in your month, if there is a close, that isn't today, January, and we start off February. And there is a close at any point in your month. I can't tell you the exact number because we haven't got the exact close. But somewhere under 355 on any two days in the general market, preferably I'd like to say in a week because it's got to be in a shorter time frame, but we could start off with two days, close below 355. There's a chance that intraday month, intramunth, February, we'll go down and we will test the 334 level. I'm just saying that's the technique that I have in this particular candle. It's not there. I'm saying it for guests because I'm not going to be here at four o'clock to tell you. So I'll be able to tell you tomorrow. But that's what I'm looking at. The IWM is having a really nice bounce after quarter of a bounce. It didn't make a little V shape pattern and the unbalanced volume of all the technicals are just terrible. This is still the lagging so that late December, January phenomenon that we've seen every few years where the small caps the ice shares Russell 2000 really have a fantastic series of gains. Not yet. It's exact opposite. So we'll see if it's delayed or whatever it is. But no matter what happens, it's the two or eight to two 12 area in February. That's going to be absolutely imperative to monitor because if it stalls there and this starts to come down this monthly candle right now closing any way around here. That's not a good sign. That takes me to I'm going to get out of order now. It takes me to what was mentioned in the den. TROW I use this just kind of as a benchmark all the way up. And then I said, you know what? I just have to watch. We didn't do anything. This is TRO price activity managed funds and programs. Look at this candle. It made a high five was that five or six months ago? Six months ago, it had a high of 224.04. That was in August. And look what happened. You know how I've been talking about these these double top V shaped patterns. It's just a cut a cup formation or a V shaped from mostly it's been V shaped formations. How incredible it is that weeks or months later, sometimes the price of whatever we're following goes right back to where it was within pennies 224.04 was treat TRO prices high back on somewhere around August or so. And then it pulls back sharply to the 180s. And then it rallies 50 points to 223.26 a dollar below the previous high makes an inverted a V shaped formation like the dreaded H takes it out and plummets to the load that was made just on Friday in fact at 143.64. So that's saying to me this is something to monitor in the general market because the actively managed funds and programs who this is not a this is not a thing that you want to see for an actively managed fund. This is terrible. And to go with that is Charles Schwab, which I have liked still like, but I don't like the action today down to 35 at 86.56. Yes, part of the I AI, which we own from way back to 24th of March of 2020, which is still acting quite nicely here. But Schwab, what was it a news event? Something happened. Suddenly it's down from the close. On Friday it hits 90. This morning it goes to 84.92 is now at 86.62. What's that? What's with that? So together with Tiro Price, Schwab, a brokerage company. I think this is still going to have a great move. I don't know what's going on right now. I do like it. I want to see if we can I don't want to see a break under 85 at any point. But in this particular moment, no positions, we're just looking at it. And I'm just surprised that it had this must have been a news related item. I don't think that earnings or anything. But what's really important is that within the context of what was mentioned in the den by G seven, Tiro Price is something to keep your eye on in the big picture. Because it's it's still underperforming. Although today's up 1.5%. That's a pretty good number percentage wise. Alright, and Charles Schwab, because I do believe that investors are coming back. I thought they were coming back over the last week or so. Maybe they're really disappointed in early Friday action by going lower again. We'll see in the meantime back in the rash. Let's get on with what we're looking at, which is that the semiconductor index is up seven at 269.50. This is a nice thing I almost decided we finally decided to go along today. Didn't do that. I am looking at this and saying, All right, the semiconductors, everything I read has got such a mixed picture that you can see it in the chart. The chart is showing a mixed picture. But if the semiconductors are able in the next this week, in fact, it's just starting a fresh on Monday, if they can go to 282, they're at 269 right now, 282 would say you know what, this can last a lot longer. And it's really important that semiconductors are doing well, but they have acted terribly up until now. Okay, now the next thing I want to look at is gold. Gold is trading up 10 at 1797. It sounds great. But you know what? After the smash that it had from the 1850s down to the 1780 level. This is a well, a well earned rectangle formation. I drew this in the other day. I said, This is the level that I'm looking at. We should be trading within it. Yes, we are trading within it. And it's just saying gold is not quite the place to be at this particular point. There are other areas that are working. Therefore, money is not using the gold or the GLD or in this case, the GDX as anything but intraday activity. That means I need to look at silver and then I will look at silver SI. Silver is up 18 cents between 248. It went under the trend line support. It's just not going anywhere right now. It seems it's just stuck in a range. And that takes me to the dollar. But what I want you to look at and I get to that in a moment, dollars pulling back down 24 takes a 9698. I do believe this is a peak C. I can't give it an alternate account because the starting point was below. Oh, I can't. I can't call this an East-Stash C. I don't really need to. It is a leg D in the monthly. In the weekly chart on the leg C in the monthly. Let's just watch it because if the dollar goes under 9645 this week without making new recovery high, that doji Canada saying, okay, dollars in for risk, maybe gold it isn't acting like it now, but maybe gold will have a bigger bounce. We'll see. We'll watch this very closely. EUR, USD, the euro dollar currency pair should be bouncing. It is. It is up .005. But that's not a great chart and the rectangle formation. Remember sharply lower goes right back, tries to get back into the rectangle formation. And that would make the one point give you exactly the 1.12 area significant. We're at 1.11 looking at the USD, JPY. Yep. That's just holding nicely at 115.39. They're still moving high just like it goes in tune with the with the dollar for not the same same contract. I'll be back in a moment because we want to look at the BTC, which is Bitcoin, Bitcoin trading up with the price to spend. 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 Tiger's Den Trading Room only at tfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the Dan and surround yourself with the sharpest minds in the trading world. 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It's the end of the month and it's the beginning of the month tomorrow. So this is really an important, a perfect point in the market. Why? Because look, Crude Oil we're looking at right now, up five cents at 86.67. The last four sessions has been a real struggle and I've been saying, could be wrong, but I think we're making some kind of a short term top here. Is it time to do the SCO, which is the inversion three times? No, I just, I'm saying that I think Crude Oil and for those of you who asked me and sent me messages over the weekend, look CVX, a great company, just a fantastic company, Chevron Corporation, multinational, I'm talking about stock market-wise. Peak D in the data at 137 round number high. It's up to today 72 cents, but it's below the 137 level at 131. It's a leg D, possibly a peak D in the weekly and a leg D in the monthly. I think that it's time. Look, MRO is one we had, we took profits, we got stopped out. Made a peak D. It's same thing. Look at these four candles right now. Just suggesting maybe they could still be one more spike to the upside, but we are in an area that says just maybe a pullback. Did I do Halliburton? I had a question. Yeah, Halliburton made a peak D. Slumberjee. Did I do that? Slumberjee? Oh, I had it all done because this is one that goes way back decades and I don't know why it's not all notated yet. Doesn't matter. It's done at peak. Is that an A? 68? Yes. Peak A, peak B, peak C, and there's a peak D. Still all of them are holding really well. So I'm just saying this is my belief that I think we're in for a little bit of a consolidation. No matter how I counted the weekly charts of the ones that still say, hey, any pullback, that's where you've got to look at them again because crude oil could be in play. We could be having a slowdown of all, you know, with Russia, with Putin, with oil situation and Germany. We could be having some kind of a slowdown of the configuration as far as oil is concerned. So maybe we see a bit of a pullback and natural gas pulling back a little bit from the days high has had a very good moving legs. See, but look what happens. It does. It's got like a week and a half, two weeks of action going from one peak to the other than a huge pullback. Do we get another pullback from 4.733, a 0.092, and then a leg D? But it is outside the Chatham Wave inside track repellent zone and this falling ax formation in the weekly. Time alone can do it. So it needs now to prove that it's using the trend line as support to push into the five point, I'd say five point 35 point 50 area. So we'll see. So I just wanted to go through those questions. So I had a question about that and that and that. Then question. I want to deal with the questions that came up first and then I'll continue with my overview. Look at the different sectors. So CCI is Crown Council called REIT Towers. We once had this fabulous game and just missed a huge couple of moves in the monthly chart. And I'm still looking at it. I'm saying this is on my agenda as a potential buy. So the question is said. I want to start a position. I'm looking out. I'm prepared to start a few positions. I mean, I'm prepared to put on a few positions because I think looking out is going to go higher. I still have this as a peak C. Look at that candle. Huge green candle in December. A whopper of a candle to the downside in January. What is that saying? Well, that's saying that a lot of work needs to be done with CCI training 179.40 down to $1.10. I it's got. This is a pattern that I often draw and I only draw it because the technical tools are there to draw it. I draw this. It's like it's like a curve and a bigger curve just using the technical tools a trade station has. And that just says within this half moon or early moon projection, where would there be a breakout in CCI? And the answer to that is that if there is a move over the next two weeks, I want two full candles in the monthly chart of the long week candle of last last week game from 170 intraday to about 180. Now what I want to see is within two weeks it's got it. I say it's got a hold 178. Why is it? No, sorry. It has to hold 176. A close below 176 could stall everything. But it can go the intraday. I'm just saying on a weekly basis it's got a hold there. But on a weekly basis, I want to see an intraday daily close above 185 above the 200-period moving average of 184.71. Why? Because 186 is the 9-period and 14-period moving averages in the weekly chart. The closer you can get to that, the greater the chance that that becomes a magnet for about a week or so. And then you could start to see the move higher. So it's a process. This is not a one-time thing. And I say, oh, yeah, it's down to $1.75. I'm just saying there's a process that I'd be looking at. Where would I personally go? And I might have to sacrifice some of the price movement to the upside by saying I'd rather be a little late and buy a higher peak A, maybe a pullback, and then a leg B, and maybe a little bit of a pullback from B, maybe even in leg B as intraday pulls back. I want to see a nice leg B, that's CCI. Next question I had was, oh, Amgen. Amgen, I mentioned this on Friday, is a very complex kind of notation in the Chapman wave methodology, but I do have it at a peak C. It looks like a D. It's acting like a D. But Amgen is in the whole area of biotech, pharmaceuticals, this whole area that has just been in a sharp down roof for quite some time, if you look at the IBB. So the question was, where would the IBB be a place to start looking at in terms of building long positions? And I would say we've seen so many of these charts. They had a big spike up after the Monday last week, a low, and then it pops up, and then it pulls back, and it either holds or breaks the left side low. If it broke the left side low, you have to ask for a lot more from the chart formation. That's my impression. So I would just say if I can see IBB, the Nasdaq biotech ETF, trading anytime this week, trading, not just popping up and holding, but trading in the 133s for maybe two days. I'm not really worried where the closes are. I want to actually see a trading there. I will start to look at this and say, hey, counter trend balance, is this in the running? Oh, just meet me Ruby. I was just about to say XLF is really important. Why? Because the financials like to see if it's not the only thing, but they like to see the yields go higher. And the TLT is down 76, it takes at 142.39, and that's allowing the yields to go a little bit higher. And that's really helping the XLF because XLF took a big hit. I forgot to type that in. I wrote it on Friday, and then I forgot to type it. 41.70 was the high of the 13th. 41. That was a good day. 41.70, the high of the 13th. Okay, and that goes in red. Cell mode, cell mode in the XLF, goes to the 203 moving average, uses that as a bit of a springboard, that pops up from the low of 30 in the 36 60s, I think, pops up to 30 in the 39 37 area, moves back and now it's trading at 38 70, I think it's to be talked about like the HR in the XLF. It's gone 100% yet. I'll be back in a moment browser chapter, Tiger Industries Hour. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay area to help buyers and sellers make the most informed decisions across all price levels. 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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 and hit Watch Tiger TV. That's tfnn.com and hit Watch Tiger TV. Hi folks, we're back and we're looking at the two-minute S&P mini and at a fabulous move off the 200 period expansion, moving average, running all the way to 44, I believe 63, yep, and it made a peak F top, now it's making the potential dreaded H pattern and the 10-minute chart has gone to a peak D, so this is where there might be a little bit of a pullback in the market, but the fact that there was buying, you're saying a lot of people are trying to try to pick the bottom and that's important. I'd shown, and so the XLF needs to get to the 3960 area and this week, otherwise it's stored, it's going to make the dreaded H pattern, it's going to stick around making the 3747 200 period moving average key support. A couple of things, just before I run out of time here, so in the den, no, this is in the Tiger YouTube, CSEE is what an old favorite of mine, Sealed Air, just an old favorite in that I've seen the name for years and years, I don't think we've ever owned Sealed Air and yet it's just a fantastic company because it's gone from under 20 to 6 to the high of just over 70 the other day, since the March 2020 low. It's just a really good company, StareStep, moved to the upside, almost like an up channel, beautiful up channel, you can see the weekly chart, leg D in the month, the weekly chart, peak E, daily chart, peak E, now what it's going to do. I'm just going to say keep your eye on the stock, I like it very much, but the tension between the buys and the sells right now between cyclicals, this is almost like a cyclical stock in a sense, between cyclicals, the infrastructure because Sealed Air is also part of infrastructure, this is, you can see the tussle going on right now, so I could do this, this is a pattern that once I drew this in and then someone sent an email saying, oh my god, the diamond pattern and over the years I found that the diamond pattern, I don't have time to tell the story of my black diamond on the ski slope now, but think of a black diamond, it sounds like it should be awful and it should be plummeting, but actually just think of it as the potential for a dreaded H or a breakout V-shaped pattern, just treat it as a designation of in the middle of a range right now, it's 6757, it's UB Long SEE Sealed Air, it's 6757 now, down 31 cents, I will just hold the position, I get a little concerned if it closed under 6550, give me a yell and we'll look at it again if it does that, but what you really want to see is, start a leg B, held very well in the big downturn in the mark, I like it, is it going to go much higher, this candle was a very ugly candle, the candle of the 20th of January, 68 round number low, 70.31 high, I would just say look, I tried to break 68 today, went to 6816, if it can close above 6835, 6842, I'd say great, now I can tackle this full candle here, I do like it, just in this environment right now, I just watch it closely in case it starts to slide, next question came in about Dweck, D-W-A-C, oh there's almost the same pattern of seal there, isn't it completely different, digital world acquisitions, this is one that I kept my eye on for subscribers sake, just as a trade, I don't like these specs, I don't trust them at all, but as a trade maybe we'll take a position sometimes just for a big pop up, or if it's a slide maybe shorting it, I don't know, it's having a nice move today but I don't like that big candle, it's the same candle, and then it's struggling to get there, it has full the gap and that's good, if it starts to trade in 78.20, I think it's going to go to the high of the candle of the 21st which is at 83.50, but if it starts to pull back today and goes under 70, I'd say stay away, next question I had was oh XLE, XLE is, X-L-W, you know there's an X-L-W, X-L-E is the energy sector holding, well I've got this as a peak C, I suspect there will be another pop to the upside, in the long term this is looking fantastic, it isn't E in the monthly chart, but it's making higher highs and higher lows, that's what you look for in the bull phase, just the shorter term says there should be, in fact I'm going to draw this in now we'll follow it closely, my eye says 68 resistance, 62 support over the next week and that's kind of what I'm looking at now, dials down 45 sbs of 21, let's see where that went to, this is what I like to do here, look this is the same technique we use for subscribers to explain the different stock position, index positions or stocks using tabloid methodology, so we can see the two-minute chart is in the cell mode, the 10-minute chart is just pulling back, if it closes, if it closes under 433 at any point today, it says we've had that big bounce and now you've got to be careful end of the month, maybe some selling comes in again, next question I had was, yeah we did that, we did that, oh yeah where was it, I see that, oh where was the question, oh man I forgot to write it down, could I look at, yeah, XLE, so I did the XLE, oops I don't type it in the wrong place, I did the XLE, I like it very much, and then those are the parameters that I'm looking for, looking out for 2022, I think this is part of it, I mean if you look at the, if you look at, this is energy, but if the same energy is going into commodities, everything's rising, look, W, very pro-action pulling back, but now look at soybeans, soybeans made in your recovery high, hit 1496, and now it's the LEG E, so it too could have a bit of a pullback at two brutes, look at the LEG D now, it's pulling back from LEG D, might have a bit of a dip, but look at corn, corn in a fantastic move, 625 had a height of 6 foot each, June off, LEG E finally broke out of that big rectangle, we've been looking at for about eight months, six months now, more, yeah it's about, it's almost a year, and there it is, it finally broke above and now it's pulling back a bit, so I'm saying that the inflationary aspect and that would include the XLE, is still in play, let's see, oh we have Victor in Paramus, New Jersey, Victor how are you? Good, good, good, I think the train has just left the station for a good short, like 2008 and 9, but where would you load up on SQQQ, it split on January 13th, I think it's a daily trading vehicle, where would you buy that at? So now it's a 39.19, I think it was in the threes, it must be a 10 for one split, this is peak APD, peak C and Pd, so I'm going to put this in the category of hold, don't I wouldn't, I wouldn't be buying it right now, the SQQ is the three times short, the QQQs, reason being, I think there's enough energy in the QQQ itself, they're just, they are, you know, they are so oversold, but I'm just going to say to you, why not, I'm looking at this as well to see when will the next downturn be, but that says if the QQQ at 39.21 takes out and closes under 37 in the next two, three days, that says that the QQQs are going to still go a little higher, so I, we've had a huge pullback in the QQQs and the X100, just have a little patience, you're going to get your opportunity to short see, thanks for calling, folks will be back for the final segment, the car is now at 11, S&P's up 30, there was some selling going on, what was we? 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