 presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648. Internationally at 727-873-7618. Hey, Robin, how are you doing, man? Yeah, thank you for taking my call. I wanted to let you know that I've been a subscriber for a couple years, just different members of your team and I really enjoy it. Really the reason I'm calling is to express my sincerest gratitude for you providing that information yesterday on the Small Business Scrantz. I'm a small business owner, primary bread winner for my family and if I can get that money, it's gonna really mean a lot to my family, so. That's awesome. Thank you for taking the time to do that. No, well listen, man, we appreciate you growling and prowling with us. Now, Tom O'Brien. Well, welcome, folks. And you got a small growl here because I had a vicious sore throat, folks. And I was part of it. And then yesterday, Bridget and I, actually we have a brand new German shepherd that just came in from Germany. So we had to do a road trip to Atlanta. He flew in 11 weeks old from Frankfurt to Atlanta. But the reason I was out was, well, was the sore throat, anyway. I'm back, but I can't growl as loud, that's for sure. Our talk is loud. Be impeccable with your word. Manifest your true intentions. Regardless of what language you speak, your intent will be manifested to the word. What you dream, what you feel and what you really are will be manifested to what you say each and every day. Mugged-wise, let's take a look at it out here. We have the Dow industries down 231, Nasdaq's off 198, S&P's off 59. Gold. Gold contract down $26.80, trading at $19.40 an ounce. We have silver down 14 cents, $23.69 an ounce. Platinum off $16.90 cents, 9.32 an ounce. Light suede crude, flat. $89.56 a barrel, notes and bonds. You get the 10-year note, trading down 25 ticks, 108.14. That 10-year is yielding right now 4.470. 30-year down 2.4 plus 10 ticks at 1.6808. And then if we go a little bit to Kingdoll, Kingdoll's up 24 ticks, trading 105, 351. Euro's at 106, Yen's trading 147, British Pounds at 122 to one US dollar. iPhone number's 877, 9276648. Give us a call, folks, wanna know what's going on in your world. Now in the world of the futures, we're already broken a low. Take a look at this, you get a wide bar too. Okay, there's the low. You're breaking a low. And what's gonna be interesting, we got out of man, Tim Ward coming on. But look at this, this is not good for a bounce. That's the arms. So right now there's no fear. 1.04, arms reading, okay? When you get 1.04, that means there's just as much buying on the left-hand side of the islas that are right-hand side. You normally don't get that when you basically have come down. Yeah, they get the Nasdaq down 1.4%. You get the S&P's off 1.1, then the Dow is off 0.64. Gold, we go take a look at the gold market out here. Gold is coming into two different signs of strength. Now you're gonna have the volume, meaning we're gonna have a volume expansion. Yesterday, and a lot of the gold stocks, almost every gold stock, actually the S&P did this too. You actually went to a higher high, gave it up on price. And when that happens is that most times you're right back up there. So if we take a look at this gold contract, you're gonna see yesterday we did 230,000 contracts. Today you're doing 213, you're down $26. Well you're coming into the 200,000 from last week as well as another 170,000 from a few weeks ago. So we'll see if we get that rejection of lower price. We go to the dollar, we take a look at, now let's go to the NQ's first. We go look at the NQ's, what we have inside the NQ's. Now the NQ's, this is how you can tell the NQ's are stronger than the S&P. You can see the NQ's haven't busted out its lows yet. Bottom line is that the NQ's are down 240, but that low that we're talking about in the NQ's is 14,792 and we're at 14,907. We go to the, let's go to the note and bond market because this is a big move by the 10 year for sure. So you had Powell come out yesterday, bottom line, market basically traded sideways. That being said, market woke up this morning and says, man, I want lower price, me and the bond market. Now if we take a look at the larger picture inside this 10 year, right now, I'll string these together. We're at 108,14, let me pull this back, I gotta pull this back 30 years. It's pretty wild. So what you have is this, is that we went below the swing from last year, which is the 108,26. The next level is this, yes, it's 104,34. We go to 104,34, man. That 10 year and these rates, that will be another hike. That's how it works. We go to the dollar, we take a look at the dollar and the dollar's the big wild card out here folks. Has been is still continues to be. You take a look at the dollar, you're gonna see this set up yesterday. It was pretty amazing that it goes right up to where you'd have a false break top side. You came down 200 ticks below the swing point and then it just said, see I don't wanna be as soon as Powell started talking, goes top side. Now today what you have again is an inverted hammer. So it's like, okay, this number's still in play. And we'll take a look at some of the heaviest stocks inside the NASDAQ. You got Delta is, no, Dollar Tree's trading down 4.5%. Lucid, the card company's 4.5%, AMD is 4%. Inside of the Dow industrials, the strength versus the weakness inside the Dow. Put this up point wise. You only have three stocks that have any green in them. United Health is the only stock that's given the Dow anything. We're down 252, United Health's given it 71 positive points. Taken away from it, you had minus 33 for Caterpillar, minus 33 for Goldman, minus 31 for Salesforce and minus 28 for McDonald's. We go take a look at the 30 year. Now this gets interesting. So 30 year, you talk about USA, yeah. So this is down two points and 10 ticks. Also blowing that bottom up, you know. So if we do US one, let's see where this one's hidden. US one, what happens folks is that that's a generic string together of a charge that I can bring back. In this case, I can bring it back 50 years actually. I'm gonna go 30 right now. Pull this baby up, okay. So 116, yeah, you're right around there, 116, 113. Stay right there folks, come right back. Adding stock options to your portfolio can be a major game changer, but the full complexities of these instruments can oftentimes allude even the most experienced traders. Whether you're a seasoned trader looking to sharpen your knowledge on options or you're completely new to the market, Teddy Kextat is here to help. On Wednesday, September 27th from 4 p.m. to 5 p.m. Eastern time, Teddy is hosting a live stream that will teach you how to capitalize on time with calendar stock options spreads. Teddy will also go over how to trade stocks and other market movements without large capital allocation, how to expand portfolio diversification, how to maximize potential returns, basic entry and exit techniques, and more. If that wasn't enough of a reason to attend, Teddy will also be answering all questions live. If you're serious about making money in this market, head over to the front page of TFNN.com today to sign up for Teddy's live stream, TFNN, Educating Investors. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, 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 comes with a 30-day money back guarantee for all new subscribers, so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter, Market Insights firsthand. TFNN, Educating Investors. 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Internationally at 727-873-7618. Welcome back folks to Dow. Dow investors right now trading down to 268 to get the Nasdaq off 215, S&P's down 63. And if we go take a look at the industry volume out here today you take a look at it in there at 421. Now it gets interesting folks, I wasn't here last Friday. You know, but that big number on Friday inside of the option marketplace was huge. 3.4 billion inside the NYSE. And then when we do the Nasdaq composite, it was 8.453 billion. And what I've found, whether it is option expiration or not, if the bottom line is if you're coming down with volume, even an option expiration, until you can get a rejection of lower price, you are going lower. If we were going higher and it was option expiration, bottom line, it would just be the opposite way. So bottom line is at the, you know, this market right now looks like it wants to take another leg because the S&P is in general. You know, this S&P, the further it gets away from the break, there's not much in between, you know, where we are, well, of the 4397. So right now you're at 4384. You know, if it can save itself by the end of the day, it'll be a different situation because your next leg, you know, you're coming into strength. Your next leg is really down there at like the 40, 43, what is it? God, it'd be nice if I could see. 4328, well, it's 4328. It's not that far down actually. Yeah, let me put this over here so you can see this one. You know, your next leg is laying right here. You can see, you're like in limbo land in between this level there. And if we go look at the NQs, you can see that there is a difference in the NQs. So the NQs, what you have with the NQs here is that they haven't reached that low yet. Let's get over to my man, Mr. Tim Ord, as we do every Tuesday and Thursday. And don't forget, folks, you can reach Tim every trading day at Ord-Oracle.com. That's Ord-Oracle.com. Tim Ord, what's going on? Well, I sent you over some charts. We can cover the S&P first, or we can look at the gold issues. Whatever you want to do. We got a market, that's for sure. Yeah, all right. Well, let's start with the goal, I guess, chart number one. Okay. So, and this is kind of a repeat. This looks like the bigger picture. I know GDX is off. Probably the market, you know, S&P's are off, so it's probably affecting. Running out in a nutshell, this is the daily bullish percent index for the Gold Meyers Index slash GDX. So it's a ratio. Yes. And the top window is the 28 period RSI for this ratio. So when it falls below 30, then closes above 30, usually the bottom's in. And all those blue lines going back to, it looks like about mid-2016 shows the times when that condition happened. And there was just one failure back in 2016. All of them came near or at major lows. Yes. And usually the signal's in, you have to go below 30, then you have to close above 30. When you do that, it has to just, the bottom's in. So this happened probably, you know, a good month ago. I didn't know, it was probably September. Well, this is September, maybe August, that signal is generated. The market has worked higher here. So I'm thinking, using markets, especially the gold markets, it really has to have a warship move to the downside. They have to get everybody on one side of the tent. Right. And if you don't get everybody on one side of the fence, it's usually not a bottom. And this indicator helps to figure out if we all got on one side of the fence. Yes. So you want to get on the other side of the fence. So I'm thinking the bottom's in on the GDX. So let's go to chart two. Okay. And this chart goes back to 1984. And the middle chart is the monthly XAU Gold Ratio. And so, and one I did, I did some other stuff, but it seems what works best is the slow stochastics of that ratio. And so when this ratio is plummeting, then the slow stochastic gets at a very low level. But when this ratio is plummeting, that means gold stocks are going a lot down a lot faster than gold is. Okay. So usually when this ratio is going down, it's actually a very sign, but when it goes down too fast, it's a bullish sign. And so when the slow stochastic gets down around minus 10 and turns up, you're usually looking at a major low. And all those blue lines across the chart are times when that happened. Okay. You know, it came at the 2000 low, it came at the, there was a minor low in 2012, it came at the 2016 low, came again and can't quite read that, but it looks like about 2018. And then again, it came in, you know, currently, actually it came in in October of 2022, the last time we had that, and that was last year. So that picked out a major low. So these signals were multi-years. And if you look at most of them, these are big time frames because you're looking at a monthly chart. Right. So I'm thinking on a bigger timeframe, I'm thinking something big is going on here. The XAU ratio really hasn't, you know, if you look at the middle chart, it really hasn't performed well to the upside. It just kept going down hard and bouncing up and going down hard. And it's done it last three times, going back to, look like about what, 2020 or something. So I'm thinking this ratio on the bigger time frames, it just really sold out. But anyhow, that's another major signal, gave a signal last October, in my opinion, that's the signals that still in force. It goes out of force when the flow stochastic gets above plus 90. And those are the red lines across the chart. I see, okay. So I'm thinking, yeah, so I'm thinking that's probably where we're gonna go. We go down to minus, you know, tip plus 10 to plus 90. So I'm thinking we got quite a ways to go here. So we can go to the last chart, we got time. Oh yeah, so hold it, we were only on the second chart. Do you want me to go to the second chart? If you got questions here, we can talk about these two charts. The third chart is actually the short-term chart. Okay, so then I have the last chart. Well, the last chart that takes, takes in, you want the third chart, right? I have the third chart. Yeah, third chart, yeah, third chart rather. Okay, I have it, yep. Okay, well anyhow, this chart is just a short-term chart. So the major two charts of the previous ones are looking at the great big time frames. Yeah. And this chart, all right, I hear the music. That's cool, just stay right there. Stay right there folks, Tim and I are coming right back. We're talking gold first, we're gonna go from gold and to the S&P 500, which is trading down 65 points right now. Stay right there, Tim and I are coming right back folks. 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. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter, Mastering Probability is delivered every trading day with updates throughout the afternoon. Sign up for Steve's market newsletter, Mastering Probability and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN, Educating Investors. Sharpening your skills as an investor is like getting better at playing a musical instrument. 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Whether you're a seasoned trader looking to sharpen your knowledge on options or you're completely new to the market, Teddy Kextat is here to help. On Wednesday, September 27th, from 4.00 p.m. to 5.00 p.m. Eastern time, Teddy is hosting a live stream that will teach you how to capitalize on time with calendar stock option spreads. Teddy will also go over how to trade stocks and other market movements without large capital allocation, how to expand portfolio diversification, how to maximize potential returns, basic entry and exit techniques, and more. If that wasn't enough of a reason to attend, Teddy will also be answering all questions live. If you're serious about making money in this market, head over to the front page of TFNN.com today to sign up for Teddy's live stream, TFNN, Educating 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. Welcome back, folks. Tim or Tom or Brian who do appreciate your growl on a problem on this out here. We have the down industry right now trading down $3.23, and as that goes off, $2.15, S&Ps are down $6.07. We have gold down $26, and we are talking right now the GDX. Okay, Tim. Yeah, okay, GDX, go to the third chart. And this is just a short-term chart. The bottom window is the 18-day average of the up-down volume. The next higher window is the GDX Advanced Applying 18-day average. So anyhow, anything above the blue areas when both indicators are above minus 10 and the pink areas are, when both indicators are below minus 10, and even though the market's off a couple, over 2%, 2.5% right now, this indicator is still above, we're still in the blue area, so I'm thinking it's just noise, but. That's interesting, huh? You look here. Yeah. Yeah, so it is what it is. Actually, if you go back and look at the May High, that was pretty good. The both charts caught most of that rally up, then the GDX made a double top there. Right. And both indicators went right below minus 10. Right. And now we're making a double top last week, or even this week, we tested the previous high we had in the end of August. And both indicators made higher highs, so that's a bullish divergence. So I don't think this is a top of any consequence. And if you kind of look at the volume charts there compared to the previous highs, it looks like we broke the previous highs in a higher volume. So you can have pullbacks, but it's probably gonna be short-lived in my opinion. We'll break above last week's highs and just keep kind of staggering higher here. So in my opinion, the whole thing looks actually pretty good. So that's saying tomorrow's gonna be an update. Oh, no, I get it. And your market's gonna work higher. I get it. Okay, so let's talk this S&P. There we go. S&P's chart, okay, chart number four. Yes. Chart goes back to mid-2014. And the bottom window is the 21-day average of the CBOE equity book call ratio reading. And the next higher window is the five-day equity book call ratio reading. And intermediate-term lows form when the bottom one, which is the 21-day, gets above about 75. And on the five-day, it gets above 80. And right now, or at least last couple of days, both of them are above, they're bullish readings. So we're pounding out an intermediate-term low. And where exactly is it? You know, I think we're probably days away. You know, October, we could probably see a retest. I'm not sure how October's gonna work out. But on a intermediate-term basis, probably you could buy here. And even though you could see some short-term pain, maybe over the next several days, this is probably not too far away from the intermediate-term low forming in this range. So, you know, that's the semideic here. I doesn't say anything about sport and resistance. It tells you what the equity book call ratio readings are right now. They're basically both in bullish territory. Okay. Now you flip to chart five. Yes. Okay, chart five, bottoms always form on panic. If you don't have panic, you don't have a bottom. The top window is the 10-day average of the trend. And the last, you know, the shaded areas, I noted that when the 10-day trend gets above 1.2, that's when panic in the markets occur. And that's where all those pink areas are defined. And so we've been, actually, we've picked out that low on your radio show we kept saying. And it went sideways for about 11 months and finally did break out. And now we've gone up. Now we need the 10-day trend to get back above 1.2 before you can expect the next low to form. Well, as of yesterday's close to 1.05, that's not high enough yet to indicate a bottom's forming. If you look over the last, actually three days of trend, you got a trend yesterday at 1.27, day before 1.16 and day before that 1.61. So over the last three days, not counting today, you're getting the trends up around 1.2. So you need a 10-day trend to get up around 1.2. So we're gonna have some possibly pain over the next couple of weeks to finish that off. But it's probably gonna be pretty close to the current time and the current price range, in my view. I thought we might pull back to 4.20 at one point on the SPYs. I'm thinking maybe 4.30 is probably gonna be it, but time will tell. But intermediate term-wise, we're not quite there yet. I think next week, if we bounce, come back down, we may get to that trend of 1.2. And that'd be the time I'd start flipping intermediate term bullish, because I think we're gonna go into a year in rally. You know what's amazing, Tim, is that today, I mean, you're down pretty hard today. And when I was first out of the show, the trend right now is at 1.08. When I started the show, the trend was at 1.04. It was like the zero fear here, man. I mean, it's like, how do you down hard, but yet no one is worried, which is pretty wild, man. Yeah. Well, what trend reading are you getting at from? Stock charts or? Bloomberg. I got a trend right. Which, from who? Bloomberg. Bloomberg, okay. I got a trend 1.28. Oh, interesting. Yeah, this is what, think or swim. Okay, I'll check, I have think or swim also. I'll check, think or swim. But today I have the low, I have a trend in 1.09 right now, the low of the day of 0.67, the high of 1.14. Huh, yeah. Okay, well, that's all right. I've been using that, no, the cool thing. Think or swim part, it ticks and creams. Well, yeah. Let's flip to the last chart, just to show you some. No, no, I just wanna get this straight with the clients too. So what happens here folks is this, Tim has think or swim. So if you have think or swim, the bottom line, just keep using it because that's what he's done the work on. That's correct, Tim, right? Yeah, that's why I did my work on it, right? So if you have that folks, do the work on that because I'll do the same thing because that's what ends up happening with some of these feeds anyways. That's the bottom line. Okay, so I'm at the next chart. All right, chart. So here's where we are right now and all of that blue section. Yeah. I did this chart earlier and all of that blue section, you see, I put in blue the times that trend closed above 1.2 and the ticks close to below minus 200. Yes. And it's all coming in pretty close to where we are right now all the way up to about 445. So I'm thinking this is a base billing problem. So I'm thinking we're gonna bounce probably shortly, you know, probably not this week, but probably next week, then we'll probably come back down again. The only reason why I say that because we need the trend, the 10-day trend to get up to 1.2 area to qualify as a intermediate term bottom and the bottom window as of yesterday's closing, now we come into 1.05. Yeah, just stay right there. But it's probably not the one to chase. No, I'm waiting. Just stay right there, Tim. Tim Boyd, Tom O'Brien, we do appreciate you grow a little problem with us out here. We're gonna be right back, folks. We're still gonna talk to the S&P. We have the Dow Industrial's down 314, Azix off 208, S&P's down 64. Stay right there, folks. We'll come right back. 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. TFNN, educating investors. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. 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Hosted at Discord, TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. The Tiger's Den, available to all tigers and tigeresses for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Welcome back folks. I'm Tom O'Brien, Tim Ord. We do appreciate your growl and prowl with us out here. You can reach Tim, folks, every trading day. It's a great newsletter at oddord-oracle.com. That's odd-oracle.com. And hey, Tim, the reason I haven't been with you is that, man, I got a vicious sore throat. And then, but yesterday, Brigid and I, we picked up a German shepherd from Germany. So we were on a road trip yesterday, yeah. So. Oh, good. It's great to be back. How are you feeling now? Pretty good or better? I am. I just can't talk loud, but I feel great compared to what I felt. I didn't feel bad, but you know, like when you get a sore throat, you can't even talk, man. It's crazy, you know? Yeah. So let's talk. Yeah, I talked to Jacob yesterday or Tuesday, I guess it was, and it says you're out, and so. So like right now, Tim, we have the spies at 432, right? You know, you're teaching us that we know we need this trend to get up over at 120, 1.2. So what are you figuring with the spy? Do you think this thing is gonna get out of the 420 area or something? One time, I thought of my, because that's pretty much the previous high down at 420. Right. Since where all the panic shows up at. Right. And that's where support comes in. Right. But we have no panic today, that's why I'm asking, I guess. You know what I mean? It's like, you're down at 65 S&P points, and you know, well, let me ask you this. Do you think we do have panic today? Because I know that you said we were at 1.2 on the Think of Swim platform. So do you feel like there's some panic today? Right, right. But let's go back to chart number six there. Okay, here we go. I got it. Yep. Okay, so I listed all those panicked tenant trend and tick ratings, and that's all about a blue area. Yes. So that's where all those panic showed up at. Sometimes you get a little bit below those levels. But if the tenant, the trend and tick did not show any panic in those levels, or very little of it, then I would say now we're probably gonna go back down to 420. But because over, you know, all in that price range and that blue price range, there's all that panic in there. Right. So eventually, I think this is gonna be the sportier, is what I'm thinking is gonna happen, is we're probably, you know, probably bounce next week. That's my opinion. Yes. And we go up, and we come back down again. And the only reason why I'm saying that is this thing needs more time and panic readings to get that trend to 1.2. So, but price-wise, I think we're pretty much there. I get it. I get it. Because if you look at, you know, chart number six, there's a lot of panic in that region, in between 430, about 435, to give or take 445. Right. And if you go back to chart five, just real quick. Just real quick. Yes, I got it. Okay. You know, we had panic between 365 to 390, you know, a couple of times we busted below that level, but that's where all the panic occurred. That's where all the trend and tick readings all occurred between 365 to 390. And I'm thinking this is a similar situation, and we're breaking a little bit below that level, but I don't think we got enough, I guess, power because panic's already present. Where we got panic, can the market continue to panic? Push lower, maybe, but it'd be unusual. So I'm thinking we got enough in this region. On the bigger timeframe, I think you could buy here and be safe, but I think you'll see a bounce up. Then another trend, you know, another decline probably around close to this level and the trend and tick will continue to be high, you know, over a 10-day period. Now it gives that reading up 1.2, if you get what I mean. We don't have enough days, I guess what I'm saying. Yes. Of panic reading to get to 1.2. So that's what I'm thinking. There's a bounce, then another decline, then next decline we'll probably have in the same region, I would think. The trend will get up to 1.2, and that's when the bottom is. That'll really drive people crazy. If we end up getting a bounce out of here, people will say, oh, I missed the bounce. Then they get in, it comes back down to test again, right? They get out again. Right, exactly. No, I get it, man. Yeah, so 10 days is actually two weeks of trading. Yes it is. Two weeks of uglyness, that's what it mouths to. Right. So one week uglyness is not enough, you need two. If you get to 21 day up there too, which is ideal, if you go back to chart number five, yep, the middle window is the 21 day. So that's the month, 21 days and a month, so that was a pretty solid base because the 21 day also got to 1.2 on that base building. That's a lot of selling on 21 days, wow, okay. Yeah, it's a lot of selling. And normally, if you go back to Weisskopf, if you got a year of base, normally you get a year of rally, if you got one base of a month of base building, then you maybe get a rally of a month. So in a bigger timeframe, so we broke out of this, this is chart number five, we broke out of this trading range back in April-May type range, and that base was 11 months old, so that implies we're gonna, in general, rally all the way into probably March, April of next year. That's what I'm thinking. If you do the Weisskopf stuff, and that sideways move we got going on right now, that started in what August, it's kind of high in August, we've been going sideways now since, we're almost getting into October, so a good solid two, three months here, we're due for another rally to begin. Yeah, it's a great time. I think this is just an ABC down, that's all it is. Yeah, I just put up that base building, that consolidation that we had, that was quite a wide consolidation too. I mean, bottom line is that, talk about some price spread out there, but a long period of time, there's no doubt about it. So this is gonna get really intriguing, particularly, you can see, if we just go back to the gold market for a second, they always, as Tim said earlier, folks, they always love to jam the gold market, and just when you think it's gonna take off again, they jam it again, and when I woke up this morning, I saw this down and I said, oh my God, they're gonna jam it again, and they didn't get to the swing point, the thing that's intriguing, we had a contract that's in 1933, and there's some volume on it, but the swing, the bottom line, it rejected the 1933, well, the 1921's the swing point, so it's like, okay, man, if you're gonna jam it, you should at least be able to get down to the swing point, because what it really did is that it came into the strength that we had last Tuesday, you know, and it rejected that level, so, you know. Yeah, if you look at GDX2, I mean, if you look at that chart on chart three, you know, we had some big volume days up. We did. And only thing about big volume days up, they usually kill a rally on a short term basis, because you get too much volume all at once, it's gonna take the energy out of the market right after using some sort of a consolidation. Takes a huge amount of energy to go up, but it'll go down like that, right? That's the bottom line, yeah. Yeah, it's like selling climaxes, buying climaxes. You want the volume to increase, but you don't wanna increase too much, because it gets sogy in the consolidation, so that, but we did break, you know, on that GDX chart, we did break those previous highs on higher volumes, so at some point, we're gonna break some new highs. Yes. According to that point. Tim, it's always a pleasure, and I will be here next Tuesday, so stay tuned, folks. Tim and I will be back next Tuesday. Have a great one, have a safe one, Tim. Thank you. Thank you. Stay right there, folks, come right back. Are you ready to take your trading to the next level? 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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. 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. Welcome back, folks. We have the Dow trading down 343 NASDAQ of 225 S&Ps off 70. That's a downdraft out here inside the Dow Industries of 1%, 1.4% in the S&Ps and 1.6% in the NASDAQ. If we get over and we take a look at the spy, and let's see what we have out here. Yep, you got an expansion of all. You're breaking the swing. We're gonna have more than the swing, man. Yeah, this is gonna be interesting because the swing was 90 million. You're already at 84. They'll throw a bunch of volume into this low, into this close. So what's gonna be game here is all the way where we broke out. And the spy, that's that four, 425, right? Or 431, oh, 420. Well, we're down $6.5, so we can get there pretty quick. And if we take a look at the cues, the cues so far have done 62 million. You're coming into 61. Now, the cues haven't broke yet, but what you do have, you've gapped away. So you very well could just jump the creek tomorrow morning, you know, because you do have a huge expansion of volume. And when you come down and have simultaneously have a gap, bottom line is that that's normally not the end of the deal. And particularly what we have here is that you're coming into a Friday. So what ends up happening is that if we take a look at this, you're gonna have a week. Yeah, you have a down week. That's the bottom line. You know, the bottom line is that try to get high yesterday, couldn't handle price. You know, it went sideways on Monday, sideways on Tuesday. So I was the lower yesterday. It definitely went higher, couldn't handle it. Today you go lower with volume, lower we go. All of you remember folks, the bear could quite a hot out, the bull could run you over and thank God there's always another trade. Health, happiness and prosperity. Have a great night folks. Have a safe night. Come back and visit Tommy tomorrow morning. Kick us off 9 a.m. Thanks folks. Have a great one. Bye bye.