 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 on this 16th day of November and we've gone halfway through the month now we started the second half the Dow is actually you know it's difficult to say but the Dow is down 12 points 9 points 8 points 7 points and 34,984 just the buying keeps coming in the S&P having also yesterday made another recovery high in leg B went to 40 it's at 45 10 right now up 7 yesterday high yesterday's high was I think 45 was 16 or 14 and we'll just check yesterday's high was 45 21 21 and leg be a little doji candle saying I am running out of energy to the upside need a bit of a breather but we'll see if that's gonna happen QQQ in the X100 trading right now up of 14 cents at 385 65 to 387 75 yesterday in leg B all these made their leg B's yesterday I think there's a chance that we make peak B today the market is just getting a little bit tired and within that context what we're looking at is the IWM really sharp move to the upside from 161 October the 27th to yesterday's high in the 180s in the areas of 176 down 2.13 and 176.63 I need to talk about this let me do it right now the small caps have been the laggers the laggers the laggers they had a fabulous move to the upside but the real issue is this is a still leadership look yeah we've got Microsoft trading at this particular point and a new all-time high 376.07 we've taken a little bit so far after our initial buy back at 338 I keep wanting to add back it's not pulling back and is breaking out of this cup formation in the weekly chart and it's broken as of right now it's broken the uptrend chapwave inside track repellents on this rising green pink narrow band moving to the upside it's I think it's still the the key key stocks that I'm moving this market yes you've had a broadening out if you look at the it was the XLP that's the XLP is the select consumer staples spider yes it moved up very nicely from the 65 area to the 70s now trading at 69 it's the broadening out is really important if you look at ARKK this is Kathy Wood it's her fund the ARK innovation ETF great move off the 33 level to the 43s now it's a trading at 42 18 done 83 cents that move is going to be imperative to to monitor if you've got to see a broadening out for you want to see the XLF which is moving up very nicely it's gone from just the 31 level to 34 that's a 10% move the the charts are starting to improve I need to see a broadening out for this to be able you cannot get such a spectacular move like you have in uh let's go to I think meta would be the one yeah meta is a good example meta making a new a new recovery high not all-time high of 384 but this is now trading at 329 this straight up move is saying to me that the power of this initial thrust from October the 27th to where we are today is extremely important and you've got it because you've got the dollar in a sell mode in the dating the sell the weekly could very quickly go to a sell signal I have to wait for Friday I have to wait for tomorrow's close but we talked about this at the 107 35 high of the 3rd of October looked very much like it hit an inside track repellent zone with a doji candle and that if it took out the support of the channel you could get the dreaded H and would have to see whether or not it's sharp it took out the left side low it didn't it means said it made a lowercase h to a lowcase m with a retest of the 107 high by late October and then plummeted by three sessions ago it just took a dive and that dive to go right to the 200 period moving average well in that case you'd expect gold to be up sharply it is up today it's up 20 points it doesn't look that impressive in the weekly chart but I believe that if the dollar pulls back the counterpoint is that gold finds some support now I think the support that it's finding is completely not the gf there's a part of it but it's not the focus the geopolitical focus that always talk about this is real buying to see the real buying continue look yeah it's asa is always for me a nice benchmark it's not the greatest thing but it's a set five set I think five south african gold stocks precious asa golden precious metals it's still kind of just stuck in fact this inch up we've inside track repellent zone right here I could raise it now a little bit to say that's the next level oh I'm having a little trouble there it is okay right there and it's just breaking out can't hold above it I can call this an inside track let me just do my usual thing which is add another one oops I didn't mean to do that uh here we go new you parallel make that red I'll make it pink it's a differentiator from the red chart okay make that green so we'll see if the asa is able to break out sharply but look at the weekly chart looks terrible so it's very selective there's some gold stocks that acting well hey look at this look at silver hey oh silver look at this 24.005 up point 52 breaking out of this resistance level it's gone just above all the $24 resistance level let's see if it can hold even the weekly chart now I can move this I always like to be as conservative as possible so I'm going to go to the outer wicks of all the candles right there and I'll say okay as you inside track repellent line and you want to see I had spoken about this earlier I said if if the silver contract can get to the 24.75 25 area that is really impressive and so far this is acting well isn't it interesting that gold is silver is acting stronger look at this you're almost got a propeller shop the one-to-one to the upside here um you'll be a little careful when I say that but it is very impressive right so as I said before the whole metal area is differentiating itself from what I call the geopolitical gold icon that whenever there's fear the financials current getting crushed you'll see gold coming to play that's the huge countries and major major institutions that are buying gold because they're afraid that it's going to be an economic collapse that's not the case here the XLF is holding pretty well so with that said the dow's down 54 I think we're going to get that down day the S&P is up 22 dollars you're right back puzzle chapter we'll continue this and then I've got a bunch of stocks if you want to look at here see you tomorrow oh kudo kudo right now is down three whoa is that a smash if you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter you should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals sign up for rocket equities and options report today with a 30-day money back guarantee so you have nothing to risk for all the details and to start your subscription today visit the front page of TFNN.com TFN educating investors everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the Fibonacci 24-7 newsletter at TFNN.com when you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis after all he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking expect notifications from Larry on market movement you need to act on at any time first time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up subscribe to the Fibonacci 24-7 newsletter today TFNN.com educating investors the gold report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market the US futures market and the Shanghai gold exchange the gold report Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU, HUI, GDX, the dollar, bonds, the South African Rand as well as 25 different mining equities with specific buy-sell recommendations the gold report new subscribers get a 30-day money back guarantee so you have nothing to risk subscribe to Tom O'Brien's gold report newsletter now at TFNN.com sign up today and become a part of this educational community of traders just visit the front page of TFNN.com toll free at 1-877-927-6648 internationally at 727-873-7618 and so just let me do a couple of things here because I like to do things that are timely so yes the one-minute chart look at the beautiful synchronicity of the plum line going from the left side to the right side in this chart you go up to a peak F pullback and the chaff wave peak ABCDEFG on the counting the peaks in the upside there's never an H you have to check out to see whether there's an alternate count who's got to an F turn around and as it was happening I I looked up because I was busy doing my newsletter no I finished the newsletter but I had other things that had a complete so I looked up and I saw leg D and as I saw leg D I thought okay look MACD is strong but a very big turnaround coming on balance volume was about to make a v-shape inverted v-shape turnaround so 2021 sorry 45 uh it wasn't it wasn't this one it was this one right here so 40 45 20 was the a really good way to look at it this is a short position or sell and it worked beautifully held the 200p and moving abs that orange 200p and moving abs broke and then try to test it again so I'm saying to myself I thought this was going to be a really wonderful potential two-click session so the the first click was just under the high that was made at about 45 22 that was perfect and then I said no I've got to get out because I've got many other things that I had to do and all of a sudden it holds this beautiful chaff wave inside wedge support I usually may I didn't even have time at that moment to to change the color usually I make it a pink with a dash line just to say that is called chaff wave inside wedge target support line and look out health support support and went all the way down to this one it did not get to the exact level that I was looking for for 4508 which are 4509 and then it started moving up at that point I just just tied up with many other things got back to see this and it's already getting this kind of oval pattern but the green line moved positive and it went all the way to peak abcd and yet again it went to e and f then I did the news as I was about to do the news wife yells out internet internet she had a zoom meeting I had to zip down to we couldn't figure out I got my alternate count my Verizon instead of the Comcast I got my Verizon special card called the jetpack I tried to find it and get it hooked up and then I looked at it I said oh she had her own airplane mode anyway she got all set up I got back here then I'm looking and as I got back here I'm seeing this bouncer and the reversal the dreaded h pattern I thought oh this is great for shorting I just I was trying to set up for the program I didn't get to it and look at that at 45 22 look where we are we went all the way down beautiful if you're looking at Fibonacci in yesterday's in yesterday's workshop Larry just showed some really great usages of the I've always put Fibonacci for years and years and years I've had Fibonacci but then I take it off because at a certain point it looks a little messy to me because my other trend lines and things are working just great so but what he had said was yesterday there was a move in the S&P to 45 32 was the number he was looking at as a retracement but then if you use the lower low that was made it became 45 30 was just a perfect place to short so I'm saying to myself don't forget to move your Fibonacci your right here don't forget to move the retracement lines and I moved it up and look how it's working yet we're right to the 23.8 level and it's like trying to balance so I wanted to show you this and I also wanted to explain some people have asked why do you use that little inverted V shape pattern the carrot I use it because if I've used the down arrow and it's gone from a cell signal to a cell mode but then it has a really good V shape turnaround it makes a new high and it's about to fail I put in the inverted V and I've used up my down arrow correctly because I went from cell signal to cell mode yet this doesn't look like a by mode if it turns around I very often put in a new down move to say that becomes the new cell signal right there so yes it could be e slash a but everything about it's probably an E so that's your second cell signal to cell mode even though there's a nice bounce right now this bounce could work it doesn't matter if you're looking at the 10-minute chart that's a peak A because you went to a low low so that's a peak A and that's a peak P there's nothing I can do about it technically it should say hey however wild it is you should make higher highs and higher lows to C and a D of just the only time this really fails is when there's a news related 8 30 or 10 o'clock a news related event that really changes the market that's when the chapter wave buy signal to buy mode which should say go to a D can fail so maybe this is one of those times but anyway I was looking at this and saying you know buyers just keep coming in for for two weeks now every single pullback has been met with with a very strong buy signal and even my little benchmark here of Microsoft which should have had a it really deserved to have a pullback come on it is up over five dollars so you just see buying going to the best of the best all the time now with that said let's just get back to the market so I finished looking at the gold finished looking at the silver the the high grade copper high grade copper is doing it's doing okay it's gone to a leg D the weekly chart is ah it needs so much work and that kind of represents the overall this is dr copper they call it because around the world when copper was strong usually you got good international economic activity and this is just saying we really don't have that right now so copper is not participating that well now yes another thing that I want to look at I wrote down here so let me just see where it is Thursday quab I had a question about quab I didn't do that yesterday so I had already and then I just forgot to mention it I talked about calls and today's down sharply down one at 27.68 and I keep typing this in keep losing it quab is am I going to read that doesn't say crispy cream but it's got a capital K crane shares CSI China yeah crane shares I'll never remember what it is so let me just do this yeah we go just ask a quick question I'll say co web ETF does access the stocks leaving internet oh that's right Chinese internet and commerce the ETF okay so yeah so this has had a very nice balance with weekly chart this is going from an H to an M pattern and the children should be moving out of 28.34 it's been it keeps getting reversed right at that level so the next time if it's able to hit 28.50 there's a real good chance it's going to go to a leg D and that will be above 29.10 so with that said we've got our break coming up 1038 bias just keep coming in S&P's up 4.71 it is amazing which is the reason why I'll explain in a moment what I decide to do if you're going to miss something that you really want I'll tell you what I find is I'll be back in 10,000. Thank you 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 keg stats tiger forex report teddy keg stat 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 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 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investors 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 six street specialty lending ink so i was saying before so in a situation like this where the market really the power of the move up from that low is the kind of um what i call takeoff action that happens very rarely and what happens is it's almost impossible to get in because it's just keep going and you just either have to close your eyes and grab it or or the other thing to do is to say i like very much for instance something's only in leg b this is a good example tslx this is called six feet specialty lending ink um what do you do well the best thing to do and this is what i did today with subscribers with a new position that we wanted um something i followed for quite a while um and i said this is not this particular stock it's a different stock i said let's do this we'll get a split position we'll get it uh just about where it closed yesterday actually i wanted to just under a certain round number it was above the round number i wanted this under the round number and it's a split position and then the position that i wanted which was lower down i kept that position and if we just get one we split split in half if we only get the one position that's fine if it takes off i want i want to be in but i don't want to be losing it like i have on some others on this big move up where i've waited for a pullback knowing that it was so hard to get pulled back it was just silly because this has like screamer attitude the screamers that we talk about when we get stocks under ten dollars and you just got to grab them and run and you take off something and you raise the stop it's the way to do it if it's some if something that shows an extra like a rocket take off take off so that's number one number two is that wasn't the question the question was um tslx basal is this a breakout now a breakout there are many ways of defining a breakout i'm going to use a little chap because it's not friday technical friday but i'm going to use some of the technical aspects that i that i like to look at in the in the chamois methodology you try to identify the lowest low bar you can't use successively higher peak you alphabetize them abc defg seven higher peaks is never eight you never get an h there's no such thing what happens is very often there's a recycle and you got to find out what you what you must have what you might have you might have to change because there's never an h so in this particular instance one of the things i'm looking at is look how beautifully this held the 200 period moving average tslx it did it for a whole chunk of time between may and june july of this year and then it took off and then it came back a closer and closer then the closer you get to 200 period moving average boom it's like a magnet it just grabs it look how long it held over there and and what we're looking at now is that it used it as a springboard yet again so that means that it's it's in a buy mode because the stochastics in 95 percent the magnies strong the price is way above the nine and nine's way above the 14 and they all above the 50 and 200 period moving average so i like this very much so when you say breakout i suspect you're looking at the left side high and let me just draw i'll just for one line i'll make it a rectangle for a long one right look right across like that i could have done it left side right side price time match to that high i'll do it just to show you how this often works and make it green and go and right past this particular high right there there it is and it went right oops it went way way past it let me go to the right there it is it comes in round about the 23rd of november and here we are on the 13th the 14th it's already broken out yes it's a breakout so i answer the question number one number two it's a breakout at peak b and it should go to a leg c higher than b and then a leg c higher than peak c going to a d um and the magnies good on balance one's a little bit overboard so you get this little bit of a pullback but i like it it's very strong that's number one and it's in the lending area the the weekly chart look i didn't put it down arrow i just did this it takes just a minute in the two minute break i did the whole thing the daily weekly in the monthly but look at this from the low that was made back in the beginning of october of last year it's a year ago it hit the 200p moving average couldn't get break and then now it's broken above it but not it had to come back and retest it but look at the green moving average that nine period moving average never went pink so i can't put it down arrow here i have to put a plus sign and i have no choice but to say that this new leg up what it could be a i'm just going to say it's a continuation of the previous high and it's e and that just says yeah it's good but you've got a chunk of stuff on the left side that would be the next resistance level and i'll do it slowly i'll say that the first one is at right there first one is at 20.95 and the next one's at 21.09 but they straight line downs are basically you could you could leap above that and we're at with a height of 21.07 and the high two days ago was 21.21 so i like this very much i like it's doing everything what i am saying is that i suspect it is going to make a d and then it's going to have a pretty decent pullback either d or e but it's going to have a pretty decent pullback and then what you need to see is how does it tackle this whole area between 20.50 say and 21 that's going to be key right now it's looking very good so i hope i answered your question then the next question was is it a breakout the answer is yes but it's a process it isn't a breakout that says wow that's a leg a and we're going much much higher it could happen i'm being a little cautious and just to show you what i would normally do is i'd say e slash a he says be a little careful there's a weekly chart obviously a says are you kidding every single pullback you want to buy so i'm not there yet because i have to deal with higher highs in the in the daily chart it breaks down if it closes under 20 it's a 21.01 for closes under 20 it could be taking its time before it really goes back to the higher highs all right so with that said next question came in and i believe it is coin was that coin three coins in the fountain uh coin coin coin coin but yeah okay so next question is coin please where would you get along this have a small position would like to add more so c o i n this is obviously coin based i'm typing in the wrong place you type it right there we go c o i n okay so hello anybody home o i n there it is so coin is oh man i've had this notated so many times i don't know why i've lost the notation doesn't matter look how easy it is i just go to the weekly chart identify the lowest level always go a little bit to the left to make sure that you've got the right bar otherwise you're busy doing the notation suddenly you're looking at yourself oh no that wasn't the law i have to do it all over again not a big deal this is a this is a this is a this is a and now you've got b over there and you've got yourself a c right here and you're making a cup formation in the weekly chart um i'll be back in a moment down on 83 that's a piece down three and um i'll be back in a month as a captain tiger gold report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market the us futures market and the shanghai gold exchange the gold report tom obrien publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xAU hui gdx the dollar bonds the south african rand as well as 25 different mining equities with specific buysell recommendations the gold report new subscribers get a 30-day money back guarantee so you have nothing to risk subscribe to tom obrien's gold report newsletter now at tfnn.com are you ready to take your trading to the next level introducing tom obrien's award-winning newsletter market insights your key to successful active trading tom obrien renowned for his expertise in the financial markets has designed market insights to be your daily guide to profitable trades tom publishes his daily market insights newsletter every market day before the market open along with updates when warranted stay ahead of the game with tom's real-time analysis and trade recommendations delivered straight to your inbox whether you're a seasoned trader or just starting out market insights provides the edge you need to navigate the markets with confidence ready to join the ranks of successful traders head over to tfnn.com and subscribe to market insights today don't miss out on this opportunity to supercharge your trading results market insights 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investing an investment in the funds is subject to risk including the possible loss of principle 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 we're looking at this this confirmation we had one h pattern lowercase h we went to a low low the 200-period moving average has been like a magnet since mid august i mean we're talking about months and it just broke out in november and it's up to it's up to hit just about a hundred previous i was in 112 13 area so normally what i would like to do is i'd like to show that this cup formation is formed on two new shape patterns it's like a can call it a lowercase h that goes to a lowcase m and then there's a much larger cup formation okay but you need to see the nine over the 14 the price over the nine the daily chart needs to make the very strong the stochastic has to be nicely over 80 percent on balance volume needs to be up near the highs well you've got everything except the stochastic is at 80 percent it's kind of struggling and you've got your left side high now let's just say that i was taking this as the plum line i don't always take the lowest the plum line you have to sometimes it looks exactly like the number of bars on the left could equal a rally to a number of bars on the right to go back to that level in this case i'm just going to this level right here this resistance i always like to bump up against what i call the grand canyon wall at the back there and then i type in like new parallel change the color and look what we've got we've got right here to check that this is good what i would normally do listen to imagine we're over here right i would go to a bar on the left side a truffle on the left side there are particular ones that i choose or a candle but usually it's a bar and i choose that and i go to the right and i see whether or not it's bumping into all the resistance points on the rally in this particular case it isn't ready doing that but i would now have to extend this out to here right there so that would be my target and the target is a high of this high right here on the 31st of july of 100.20 and yesterday we went to 100 point 15 and the the plum line that is the midline midpoint symmetry number of bars i called the left side right side price time match said that by the by the 21st of november i remember i'm going back all the way to the 27th of july i can tell how many bars this is right it's about 180 or so whatever it is um and it missed well it hasn't quite got they missed by a few cents getting they missed by uh five cents getting to that level and it's already made a peak f or a leg f because we haven't got the end of the day result yet but everything out here is positive however what i would have liked to have seen is that the stochastic was at 83 percent and then i would say you know what i think it's not going to just bounce but it's going to tackle the next high which is the high of the 27th of july of 102.73 i think it still could do that but right now it's just in a stalling just it needs a breather it's at such a big move now is this an instant restart yes it's an instant restart because within three bars it went to a high high off the peak d so technically in my mind i don't have to put it in i'm thinking e slash a f slash b that says it could still go to a c and a d and that's the way you've got to think of it so where would i add to it i would add to it based on the weekly chart which says hey look at that fantastic cup formation can it go all the way to a new high with a parallel wave count peak c pulls back holds it the left side low this is the original low right here remember this is an a this is still an a it's a lower a but it hasn't gone above that so i call it gray a gray a lower down gray a but all of a sudden made a b now it's going to a c it hasn't gone a to b it's gone a to c why because underneath it i've got a and b here's your starting point this is a little lesson i wanted to do that today and tomorrow i had so many questions i wanted to show you some things so this is the starting point so every peak your obligation in the chapter maybe is just to count every peak in every trough and that's it that's going to tell you the story so within that context it says there's a really good chance that over the next six weeks you're going to have a test of the 110 level if this is still a leg c and then it makes a peak c under that and then it goes to a leg d with that peak c leg d when it goes that's really powerful this is not only going to make a leg c to a peak d a leg d that d is going to be way stronger so it's a whole working process because the monthly chart says you know i i have these moves to the upside then i take a couple of months to digest so this is in the digestive phase this is the this is the month going into december that says it wants to break to the upside it won't break to the upside if it closes under 84 50 it's at 95 41 right now so i'm just telling you that because of this instant restart so that's the question that's the answer where should i add you can add here at 95 40 because you're already in it and you've got a little bit of room because you're looking to the upside with upside potential so you're not cost you're not dollar cost averaging in the sense that you made a mistake and now you want to add to it to get back to even you are trying to add to your position so i would to tell you to tell you what i would do i probably let me just check the 120 minute chart the 120 minute chart is in leg it's a real bumpy ride look this is like a u shape pattern this side here to that high let me just put that in this side high so then i says i'm not quite ready yet look much weaker technicals actually not that much weaker the technicals yeah it says i need i would say to you if you could get the add-on have a little patience if you get it on under 95 and i'll tune it as a small position that you're going to split in two for the add-on under under 95 and if it goes to 95.47 something like that give me a yell i might say to you now you can add the second part of that okay and the first part i would give it a two dollar two and a half dollar stop okay okay next question came in uh did i get to it yesterday oh myrna myrna we looked at myrney yesterday what did we look at yesterday so myrna is moderna so moderna i'd say at some time ago is that unless they've got something absolutely which really triggers a whole new buying phase because they had the right moderna biotech and the covid just had the perfect perfect ingredients for that but now i they're working on things i don't know what's happening and what i'd say is if you've got a long-term attitude that says you know i've done my homework i like it i think it will be back it's been smashed from 497 down to 75 i would say a 425 decline point of decline is something serious i don't see anything yet but if you're looking to do it how it folds or doesn't pull this gap is going to be very important so just give me a yell for those of you interested um here and more and then i excuse they just have a liquidity because if it's gone above 79 that's it's at 75 i'll be back the reality is that navigating financial markets can be risky markets can be chaotic and difficult to understand having the latest market advice can help you turn this chaos into a key for creating winning trades at tfnn we understand that it can be hard to find reliable market news that's why each of our market experts offers their very own market newsletter a must have tool for every trader out there striving to find an edge in today's markets tfnn newsletters cover every aspect of the markets so you can analyze the market before you trade try any of our great news letters risk free with our 30-day money back 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investors 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 so look at this dreaded h pattern a very large h pattern uh coming down under the 200 period moving average and as i said i expected i said to subscribers we're expecting some kind of a pullback some of the entries we're looking for on a pullback one we started knowing that there was a little gap up today after a really spectacular move so we did it do two two entries on the one position started a position and we'll add to it uh on a pullback uh at a certain level where i really wanted to get in uh just in case things just suddenly take off which they've done so often so quick a question came in i only have forgotten something that i was looking at let me just check here um yeah so that was marina so the another question is uh basal why is uranium still working with the energy sector so weak so i i was asked about the xle and i said i i didn't really think it was a short position oh wrong wrong chart yeah easy and two three down there let me just say on the um on the on the market if by after 115 or 130 today the dial is down more than 60 there's a good chance that we're gonna we're going to uh make a um a negative close uh if it's holding over plus 40s or 50s that is really impressive but i think that we we're in a digestive phase so the question came in about the um look ccj ccj has had a spectacular move ccj right there ccj get it out there quickly yeah so ccj is making an all-time hand made an all-time high a few days ago holding about at 43 37 kamiko uranium and yet the xle is pulling back xle is pulling back well the reason why the xle is pulling back with oil and everything now what i'd say was i wasn't sure about shorting it but definitely the 1881 area is going to be some kind of a target it's an 18274 but goes under there that's pretty serious stuff so within that context yeah um the uranium has done quite nicely it's holding very well have a wonderful recipe check out my opening call day in the news there