 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. Good morning, everyone. Basil Chapman here at $1.97. S&P's up $28, and we're going to go through a bunch of things right here. I need to just clarify something that occurred just every year. I've done, let's see, since 2003, when I started my new year, I came onto TFNN in 2002. I think it was February when I started my very first newsletter, and I've done one almost every single day a couple of times. I've been away for maybe, I don't think I've skipped more than three days even when I'm away overseas or whatever it is. So if you multiply that by, how many trading days are there during the year? Maybe 180. I multiply that by over 20 years. I think you get the point that there are a lot of newsletters that I've done. Every once in a while, I type something, and I've got a very comprehensive newsletter that goes out every day. Every once in a while, I make an error, and we have a position, and I always like to take a little bit off as things are moving up or moving down, whatever it is. But if I get a position that I think has the potential to go, to have some legs just that we don't know, but you never can tell, then what I do is we get the position, I have to stop in, and then I raise the stop. But what I do is if there's a really good gain, especially if I've got a position that looks like there's a chance that this could have some legs, I put in a stop that then gets raised. But to keep that core position, if there's a pullback, I'll split it, I'll take a tad off, and then I'll split it so that I still got the core position, and then make the stop with like pennies off the, if it's a long position, pennies off the entry price, because you never know the wiggle from a low that's being made. And yesterday, what I did is we got in perfectly for the UDOW three times long, and then I thought I had, I'd raised, I gave it a $1.20 stop, that was perfect, that was great, and it had a good rally. And then I said, if there's a pullback, let's raise the stop, take a tad off at a certain point, but then raise the stop, and I made the stop, I didn't realize it way higher than, way higher than the entry point, three points higher, but I didn't know that what I really wanted to do was just to raise the stop from $1.20 to much less, and then take off a little bit, if there was a pullback before it hit our little tad that we would take off, and no one actually even mentioned to say, what was that number? Because that's not how you usually do it. So no one actually sent in anything, and I want one person did say, hey, the stop was hit, but actually the number wasn't hit because it was the wrong number. It was an impossible number, it never got there. So I always have difficulty with that because there are some people that are in, and some people that did use a stop that they thought I did. Now, I don't like that, that puts it in a difficult position because we got pretty much the low yesterday and it's still acting very nicely. It's not so far off that I can't say, okay, let's get a new position. That's not the issue. The issue is it's a quandary because so people are actually in, they've already taken a tad off for a 2% gain if they held the position, so I'm not sure exactly what to do. I'll try to figure that one out, but I hate every once in a while. I do hundreds and hundreds and hundreds of positions over the years. Just every once in a while, I just make a dumb mistake. Just like in Tennessee yesterday, those dumb mistakes, you just looked at me and say, what was, well, how, what? Yeah, anyway, I don't like that. It's so upsetting for everybody. There's no win-win here because I'm not sure exactly how to do it, but I'll handle it. I'll manage. It's happened before, not often, but I'll do it. Meantime, I'm back at ranch, Dallas up 35, 767. So this is took, look at why I went, I wanted to go long. Another chapter of Roman candle is never spoken about because of something I made up. It's a particular candle that we've seen so many times. Look at this. He has an inverted, rare chapter of Roman candle. Back in, I used to use these and then they came extremely forceful like in 2000 and I wonder if I can go there right now. Should I do it? I don't want to waste time. There was a candle just after the high was made in 2008 in the monthly chart and I said, this is a chapter of Roman candle. If we take out halfway of the wick at any point in the next two months, be careful because we could take out the load. Well, we did that. And then the very next month we made another Roman candle, took it out and that was it. We had a pretty serious decline from that level. 2008. Okay. Now, what I wanted to just show you 2007, sorry, 2007. So in this particular instance, we need to close above this candle's high, the candle of the 27th of September, 731. We're right now at 33,748. We didn't close above it. We went above it, but I have a rule of thumb in this particular chapter of Roman candle technique. If at any point we were 60, for 60 minutes or more, under 33,460 yesterday, that would have said, be careful, we could retest the load. Because we went above it, it means that the close of this price right here opens at 33,642, no 33,550. Yeah. So this close now should become some kind of a support level. That's the way this works and it works for two out of three sessions. Now, as I'm looking at this, there's a lot going on. I'm going to talk purely technical at the moment. You see the weekly chart? How close? Let me show you just the three-chart pattern. So what we're looking at here is, oh, look, I've got the dollar up. Let me show you. The dollar is way above the nine-period moving average on the weekly chart. The weekly chart is above the 14-period moving average. So that's a good sign. So I don't think the dollar's done just yet. I know a lot of people are saying, that's it. I don't think so. Now, let me go to the Dow. This is the weekly chart and I'll show you why. I didn't get too fussied about the, this is the weekly chart. Let me go. This is the weekly chart. Let me just put that down there. You see the weekly chart has gone S. That means the nine-period moving average has gone below the 14-period moving average. And that's the reason why I didn't want to get aggressively long, because the weekly chart, you remember the Dow was the first one to turn negative and then the others followed and then went positive and the others followed. So I'm using this as kind of a benchmark, because if I go to the S&P, there isn't any room for error today. That's why I'm not overly fuzzy about the petition that we had yesterday, because I think we'll have another opportunity over the next week. There's a lot going on. There is the, do we fund the government? Well, you know that the parties always wait. I don't know why they do. Is there no way of avoiding this every single time to use it as some kind of a crux, use it as some kind of leverage on both parties' side? It's just horrible the way that happens. But look, that nine-period moving average in the weekly chart of the S&P is so close to turning negative, because the QQQ, it's not, it's still quite nicely above. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. 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Basel Chapman does up 52 as if he's up 23. And look at this V-shaped pattern right under the 200-speed moving average in the one-minute chart with a double top right there. Remember, I like to measure double tops and you can see it was starting to weaken over here. And we've pulled back. I mean, I already have the whole thing is that I didn't have a short on as 67, 43-67. And then I thought, I just, there's too much going on. Let me just get out of that. And now we're out of it and it's down at 59. Anyway, that's the way it goes. Can't do too many things at once. Now, let's just do a couple of things. So within the context of just the patterns we're looking at, we've made a peak F in the five-minute top. We've made a peak F in the Chapman wave. Now, this is the exact thing I was talking about in October of 2007. The S&P looked like it had made it stop in July. We thought, this is it. This is it. And then it had this fabulous rally. And then it only made one or two peaks. And it looked like it was a brand new leg B. But I was discussing this and saying, no, no, no. It looks to me like this is a failure pattern. This is the double hump. I have these nicknames for these different techniques where the MACD looks as if it's going to turn down, but then it has another rally. And that second arch is the one that you've got to be careful of, because if the stochastic goes above 80%, then immediately it goes under it. This is the one that can fail. And that's where we are right now. So I'd say 42.50 is going to be absolutely imperative to hold in the next hour and a half for support, just on the very short term. Now, that's not to say that I'm not looking at some stocks, but I'm starting to show some nice signs of positive positivity. So let's get back to our story. Within this context, you can see the Dow chart on the daily, the 9-period moving average is way under the 14. The price couldn't hold above the 200. It hit almost hit the 200-period moving average, and now it's pulling back. The MACD is still very weak stochastic is at 15%. So the stochastic went from single digits to 15%. That's kind of good. The MACD hasn't given any signal yet on the upside. The price has rallied, but I need to wait for the close, because today it's a daily chart. So you have to wait for the full day candle to come close. By the end of the day, we could have another burst of energy and push above the 200-period moving average. So what I'm saying is I'm watching this very closely, and the fact that the 9-period moving average has at this particular point, but Friday has to close by the end of the day, we could see that disappear, that S, because it's a weekly chart based on a weekly bar. We'll see what happens. But when you're looking at the monthly chart, it's just a little bit too much of a pullback to say, wow, we should immediately take out the high that was made in the down of 35,679 in October, early part of October. It looks to me like it's a work in progress. But if, because the high that was made 645,679, this high means that if we go higher, one penny above 35,679, the higher of August the first, that's where we went short, we still remain short for intermediate term position. And a longer term position, we're still long from October low. If in fact we go to 35,679.34, one penny above that, that if it's in October, but it just extends leg B, that would be really positive. I say we should by January or so be moving into the 37,000. So there's a lot to ask for in this market. But my suspicion is we aren't yet done, based on my work, we aren't yet done with the consolidation. And now we're giving back a little bit of the S&P. We're going to be watching this week. What if, and this is just a what if situation, by the end of the day, the Dow is down 135 points and the S&P is down 45 points. Will that change this weekly 914 from green to pink? No, it'll take a lot more. It'll probably have to go down below the 4238 low of a few days ago. I just don't see how that's going to happen today. But I'm watching it because if it does, it says, wow, not only do you have the pattern that dreaded H in the weekly chart, not only are you looking at a much weaker right shoulder than the head of the top here, that was the high of, I think it was July 20, the week of August the 4th. I think July 31st or so was the high in the S&P. So you've made your dreaded H and you're almost at a one to one to the downside of the arch formation. And look, when you made the retest of that high on the week of the 1st of September at 45-41, look at this, the MACD was already lower, had deflected lower, the stochastic was much lower, unbalanced volume was lower. So we're not quite done in this whole consolidation as I see it. So it's the reason why we haven't gone heavily onto the long side. So as I get this, I've got questions that I want to deal with those because I did some of the charts of stocks that I said that I had questions about and I wanted to get to. So Eli Lilly's question again this week about where would I start a new entry? That's for some people. Others are really long from some time ago. So it's completely two different scenarios. One is I said any new buyer has to have maybe three positions, but I would probably hold off. And I said, if you're asking me for my opinion, I would hold off. I would not do anything. I would wait for a new position. If you're in a long position, what I said, take something off when it was up in the 590s. I said, you got to take something off here because this is like a gift. This kind of vertical move to the upside, not quite an exponential move to the but a very sharp vertical move to the upside. I'm still saying hold off. I said, give me a yell when we're between 546 and 532. We're at 538 right now. And the reason is there was this low that was made right here. August the 18th at 533.90. And low and bold today we are at 538. So we're getting close. So give me a yell. We'll look at it together. I think it could be getting to at least a basing attempt. The weekly chart is fantastic. The monthly chart is even more than fantastic, but it's the daily chart that we're looking at. So okay, that's Eli Lilly. Next question came in. Could I look at XLE? XLE, fabulous move. Look at this beautiful weekly cup formation. You remember all about these patterns? More about the plumb line. The plumb line was on the right. It wasn't the exact midpoint. And it came right back to 94.71 was the high back in 2022. What did it get to? It got to 93.69 in September. Now it's digesting those gains. And you see the cup formation in the weekly chart. And that's the same to me. You cannot rule out the select energy spider fund because it keeps flying buyers. I do believe that we're in a topping area, but topping doesn't mean to say you're going to crash to the downside. It's like high level between 86.85 and 95. It's in this rate. It's in the state for a while based on up back down, down, up in the area, 75. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the euro dollar, pound dollar, dollar Swiss, dollar yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30 year t-bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60 minute webinar archive. He just hosted forex strategies and fundamentals. What is behind the Tiger Forex report? For all the details and to start your 30 day Tiger Forex report subscription today, visit the front page of TFNN.com, TFNN Educating Investors. Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. 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I'm just watching it because there's so much uncertainty still now we could turn out that Monday by Monday we've got the there is funding. The one at least one or two of the three unions says that or that's order unions says who we're going to get pretty much what we want. We're getting close. We're very, very close and out of the room Monday we have a 500 point update. But when you look at what's going on I don't think things are going to be quite so easy because the unions are in the drive excuse me the auto unions are in the driver's seat. They can pretty much ask for whatever they want and they might get a lot more than they wanted thought that they would get because the order companies I mean let's just look at them right here look here's General Motors. General Motors at the bottom of its range. It was once up in the high 60s. It's trading now almost half at 33. It was at 32 just the other day. It's really struggling I guess repelled of the 200 period exponential moving average weekly chart. Let's see you've got Ford. Ford is acting a little bit better. It's above its 200 period moving average but still stuck in a range. It hit almost 25. I think it hit 25. Let me see January of let me just check this out here right here. I think it was just above 25. Yeah 25-22 January of last year. So 25-22, 0.221, 20-22. And plummets down to the 10 area gets more than cut in half and it's struggling. Let me just have a look at Toyota. Toyota I haven't updated for a while. That's had a really nice move. Don't worry about gaps. Anything that trades overseas is always going to have gaps. So I can't take it. I'll take it from the last one. So this is peak in chat wave. You identify the lowest obvious low bar. You merely count each successively higher peak. If it gets to a B there's a chance you can get upgraded from a bi-signal to a bi-mode meaning it should go to at least four higher peaks. Peak A, peak B, peak C, peak D. And then other things can happen. Let's see what happens. There's your D. And what does it do? D becomes your top. And now it's technically I'd like the nine period to go close under the 14 to go pink for it to have a down arrow. But it's closed under the 14 period moving average so far even if it includes today four times out of the last four sessions. I'm going to put it down arrow to say it's got at least a sell signal maybe not get a sell mode. And the weekly chart has peak A, B, C, D, E, F. So yeah, it's done much, much better Toyota motors doing much, much better than the others. But anything can happen. All right, now the next thing I need to do is I need to questions came in. So I'm going to go follow them up and I'm about to talk about I think this is going to probably coincide with another question. I can't get you right now, but I'm almost certain that this is going to coincide with a couple of people asking me, what about the semiconductors which we are still short from to less than two points of the all time high. It should have a nice bounce from here. Yep, there it is. Up to at 146.33. This is a newly gray leg A. Why is it gray? Because the MACD is still very weak stochastic still only 20% 22% on balance run funnily enough is getting a little bit overboard on this balance. Isn't that interesting, huh? But here's the top 161.17 on the 31st of July. I think it was within a day of the top of the S&P. Let me squeeze that a little bit so you can see what we've got 161.17. There's the all time high and it was a G slash B in the monthly chart 159.42 was the high in November of 2021 plunges to 83, cut in half and then boom goes all the way back and makes a nominal new high. That to me is a big positive looking out. Shorted term, this pullback has gone underneath the Chatham Wave inside track, propellant zone. It's now repellant zone, but it's testing it and that nine bit moving average is still not too negative and I wouldn't be surprised. This is going to be this is speculation now. This is not based on anything that we have positions in other than that we are short. We had the SOXS, which is three times short, number of positions, really nice gains. I failed to get back in on this sharp move down and even this bounce away to see what happens to see. Is there a whole new set of new legs to the downside? Well, we've done the one to one. This is the TFNN lightning bolt pattern A to B equals C to D. It's got nothing to do with peak A, peak B, or trough A, trough B. It's in the Chatham Wave. This is just a measurement pattern. That's all. But it has the exact, this I didn't draw ahead this in and then I decided it was getting too crowded. There's a Chatham Wave falling ax formation right there. This is the inverted one and what is that? That's this one right here. It's not this. Whoops. It's not this. That's the falling ax when it goes to a high and then it comes down and makes lower highs and much lower lows and then it forms a base and then all of a sudden it takes out the declining upper trend line and it can go one to one in a measured move. I call it the Chatham Wave parallel extension cut pattern. Right? All of these have long titles but they are descriptive of what we're looking at. So then it can also occur when it's inverted. In other words, this pattern, right? If I can find it or I still have it, it should be here. Hello. There it is. Nope, there it isn't. There it is. This is the exact same thing. I even have the lettering turned upside down. You see it expands to the upside and then when it fails it can go one to one to the downside. It has to be in a parallel movement. In other words, the angle of descent or the number of bars should equal one another. When it did that, it went almost to the penny. Now it's bouncing off that low but each one of these things has a time limit. So I would say the time limit for this particular pattern is about to be completed because if it starts to fail here, you've moved to the right and now you have to look at other patterns. Most importantly, the weekly chart has the pattern that I call the dreaded H, technical Friday today. So we do some of this. What is a dreaded H? It's a pattern that comes down sharply, straight line and then bounces and at a peak A or B it fails and it takes out that left side low. If it closes two out of three bars below that, you can have a one to one to the downside. We saw that in the pattern we were looking at just a moment ago. I can't remember what it is. But in the meantime, here we have this arch formation fading at an A, dreaded H. It closed last week well underneath the low that was made on the left side which is I think 143.35 and here it is at 146.30. So if it closes this week above that left side low and above the low that was made back in July, that's going to be important. I need to just double check my numbers here because I've got a feeling that it is this low right here that we're talking about. Now is it this low? Let me just check what we're talking about here. That's correct. That was the week of August the 18th, 143.35. So if we close above that, that will be a short term positive for the semiconductors and the question came in, what would you be looking at for either re-entry of the SXS or when would you think of covering your short position, the core position of the SMHs? I'll talk about that when we return to Asa 47, this includes a 21. I think pretty well when you think about everything, I'll be right back. The gold report. As a precious metal, gold is still king. 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To obtain a Perspectus or Summary Perspectus, please contact Direction shares at 866-476-7523. The Perspectus or Summary Perspectus should be read carefully before investing. An investment in the funds is subject to risk including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four-Side Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. So attention to Friday, let me just show you what I'm looking at. Look at NVIDIA. This is the semiconductor area. A nice strong leg A off the bottom just in terms of numbers, but not in terms of the candles themselves. One, two, three. It took one, two, three, four, five, six candles to get from the low of 409, around number low, 409 on the 21st of September, to the height of 441. So that's a 50 point move. 409, oops, is that correct? No, what am I saying? 409 to 441. Yeah, so that's no, that's about a 30%. So it's not even yet quite a 10% move. And walls are the same time. Look how quickly it dropped from 439 high of the 20th. Within two days, it goes to that 409 level. So it's taken, look how long it's taken to move up. I like it the exact opposite way. When I see a low like the low we got in October, I like to see just, it's like the shorts get squeezed. There's not a second that they have relief. Just every little pullback of 10 points in the dowel and it moves up another 20. Every move in the S&P of 15 points, next thing it's up 25. We're not seeing that there is a lot of tentativity out there. So within that context, look at the V-shaped pattern in the weekly chart of NVIDIA. That 90 is still way over the 14. Mac Diaz drops the casings very weak at 47%. On balance volumes holding well. I give credence to the 9 over the 14 at this point. So I'm saying I would not rule out NVIDIA as a big player in the next big market move to the upside. But this digestive phase, this pyramid pattern says there's a really good chance that we might have to test that 410 to 400 area yet again before we get a bigger move to the upside. If I'm wrong, then by next week, if next week the 9-period moving average in the SMHs remains green, has not turned pink. I'm going to be impressed with that. Look at applied materials, AMAT. These are all great companies in the semiconductor. A peak E in the weekly chart. Look at this peak E that we just saw in the five-minute chart. It was a peak F. Look at that arching over as you're making higher highs, but they just nominal new highs and then you start to make seriously lower lows and lower highs. That just says you need a little more time for applied materials. Look at advanced micro-darb ice. It's also a great company. Oh, 10-minute chart. We were not looking at 10-minute charts. We were looking at daily, weekly, and monthly charts. On the left is the daily. On the right is the weekly. And here we go, AMD. AMD is going to this trend line resistance, but look at that high. Why did I not type that in? 164 was the high November of 2021, goes down to the 50s, bounces up to 132.83. And that was in May. And now we're looking at a price point that has, I had this measured move to the left side from the right side, on the right side from the left side, over here. There it is. Left side, right side. And it's taking a little bit of time, but it's getting close to it. And it did hit the 94s. And here it is 104. 10 points higher. It's a 10, 11% higher. Right at the 50-period exponential moving average resistance. So it's not looking very powerful at this particular point. But it's definitely not breaking down, but it is making consistently lower highs and lower lows, meaning the trend remains down for now. But look at that nice sweep in the stochastic, but it's only a 31%. On balance form, reality. And AMD just turned positive. 9 is still under the 14. So I'm just saying to you, Marvell, another one that I always look at, very important. Oops, don't type it there, type it right here. Click MRVL. Yeah, it's the same thing, sitting on the 200-period moving average. Did I ignore it? Sure, I ignored it all the way up there. But look what happened when it touched it once. It means it's become a magnet point. And it's become a magnet point of 52.79, starting at 55.30 right now. It's going to take a little while for this to improve. So I'm just saying, I still think we've got time, at least for another a little while. I don't know what the little while is, but I haven't seen a signal that says to me. And if you look at the SOXS, which is it made a PE in the daily chart, and that is turning around right now with that move yesterday with their semiconductors higher and again today. But look at that 9 still way over the 14. Okay, talk about that. Let's just go to serious stuff that we haven't looked at. Gold is down now. It's unchanged. It's actually down a point at 1877. And that nine-period moving average, sorry, the 200-period moving average, it's going to close the week for the first time. Under the 200-period moving average, it has not been there since the last time was the week of the 25th of November, when it was in the 1825s of the continuous contract. Look at silver. Same thing. Silver is had a big rally to the 200-period moving average this morning, 23.80. Now it's at 22.86. Can't hold the gain. Let's look at the dollar. The dollar is holding very nice. The office lows is 106.10. Remember, I'm looking at this and saying the nine is still over the 14. It's still very strong. Look at the UUP. UUP is an alternate count. G is going to make the D. It often does, but my route is the dollar index. So let's see what happens there. But look, it's a leg D in the weekly chart. Slightly different weekly charts. And this is very interesting since they should mesh, but they don't. Look, this weekly chart in the dollar is very different to the UUP. We are on the UUP since 2018. It's had a fantastic move. It had a fantastic move up. We take a little bit off, and now it's pulled back. I might take a little bit off Monday or Tuesday again, and then we'll see what happens to the dollar. In the meantime, I wanted to see two out of three consecutive weeks of closes above 105.88. I should type that in. I don't like to because it gets smoothed out, and then I've got a number that isn't relevant anymore, but I'll put it in for now. 105.88. And so far, we're at 106.12, and we've got a couple of hours to go, five hours to go before the close today. So we're going to be watching this closely. And if it does close two out of three weeks above, it means that you've turned this whole level right here, 103 area, into really important support at any pullback after that. It's going to tell us a huge story, and it'll tell us about gold as well. Meantime back at the ranch, that was that. Look at the EURUSD. Had a big spike earlier this morning, and then I typed it in the wrong place. Let me type it in over here. EURUSD. It's held some of that spike, made two days of higher lows and higher highs, straightening at 1.058. Great leg A, a lot of work to do before it can turn positive. But it's a start. USDJPY, this is the Yen currency pair, made a peak D, if there's no new high today from yesterday's high, and it's got a leg D in the weekly chart very close to the previous high. You remember how many times we've looked at 80-weekly monthly charts that eventually get back to the previous high? In this case, we're 50.7.1. That was the high of. That was the high of the 20% of the global last year. Remember, we've got the fabulous trend around in bonds and market up and down and market up. That's going to be a little bit long position in the diamonds and the UDOW. I'll be back in a moment. 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Hi folks, so just a real quick thing, Palantir technology is a question about it. Yeah, this has, look, this is a beautiful pattern that the H pattern that holds the left side of 13.68 was the loan August comes all the way up to the 16th comes back down and tests exactly 13.68 in September. So now there's a pattern that I say the dreaded H the lower case H didn't take out the left side low can form a cup formation just like those the what we were looking at before when I said oh the dollar and now what I want to see is two out of three consecutive days so that's out of three days two of those days I want to see a close above this high to say okay now we can tackle the next big left side target and that would be 16.35 the height today 16.81 is the 16.19 right now so if it can close a couple of days in this area it means now I can start looking first of all at the left side high of 16.92 the ugly candle of the ninth of August and then go step by step to the upside and it says you've turned the midpoint now do really important support that should hold but there is a potential head and shoulders in the weekly there's also a peak F that says sell signal I haven't yet got a sell mode designation but the technicals the nine is over the well of the 14 other technicals a week so just watch it now let me just do this before we wrap up I think I covered most of what I want you to do today oh high grade copper high grade copper had a very nice move to the upside and now it's giving it back uh from earlier on and that's really what I'm talking about I don't think we're quite ready for the big massive move to the upside yet I think we're starting to build it I'm starting to see some stocks really acting pretty well so that's sad yeah I got that I got that I got that real quickly okay so now we're looking at for the day if I if after two o'clock the dow is up over 60 points and holding it means that we could close positive but I got a feeling that just there's a little nervousness going to come in towards the close if we don't get any signs of any appeasement to all these different activities that are really going to be negative for the market so in the meantime I think we're trying to build the base we haven't quite got the yet nice balances