 is a presentation of TFNN, The Tiger Technician Hour with your host, Basil Chapman. Call now. Call free at 1-877-927-6648. Hi, everyone. Basil Chapman here. There's one exciting music there. Nice bumper music. Thank you. Thank you, Hal, and the team. So, we're looking at, let me just move this over and we can go straight to the market. We're looking at the market at 10.06 a.m. on a Monday morning, the 13th. Here we go, INDU. The Dow is up 188 at 34,806, giving back a chunk of that opening surge to the upside after a whopper of a down move on Friday. Just for clarification, in the Chapman Way methodology, for us, for the subscribers, we have been short the Dow on a shorter term. We still had a long, from way back at the day of the low of last year, we still had a long call position, but we had just recently had a number of long positions. We've taken profits there and we switched to the short position on the 26th, I believe it was, right there, and we've gone from the 35,000, I think we're really shorted by 35,000 to 80, we're at 34,800 right now. This is something very serious in the Chapman Way methodology. I'll do this today because we're starting off the week and we really want to know what the parameters are to look at. There's a pattern I call the dreaded H. Why do I call it the dreaded H? It's a straight line down, arches over at a peak, A or a peak, B, that's the first peak or the second peak, and then it takes out the left side low. What happens after that is really important in the Chapman Way methodology. They need to close above it within two sessions, sometimes I'll say three, but usually it's two sessions, and then we look at what happens after that, but if you've closed below it, it puts a great limit on the moving averages above or a doji candle or a gap or something above, and then you need to come back and retest. So we're in the retest situation right now. Number one, number two is in the arch formation, what happens is it is so severe sometimes that it starts to impact the next time frame. What's the next time frame? The weekly chart. We've got a G slash C, 35,631 was the all-time high peak, E in the daily chart, peak G slash C in the weekly chart, leg D in the monthly chart, and D is the fourth highest peak, the objective in the Chapman Way methodology is to get you to at least a D, then you have to use other parts of the technique, and you can see what's happened here. We went to an instant restart in the weekly chart back in going to the April time frame. We had a peak D for one bar and then you made a new recovery high, and now look at this. This is an alternate count G slash C, but if there's a week closed this week, this will say, uh-uh, your energy, that's fairly serious, and we'll see if we pull back. So we've been short for a little while. Now what we're all looking at is, within the context of the different indices, there are patterns. They're all different patterns. This is the first time I've actually seen it quite so serious. Look, the S&P has also pulled back quite sharply from the 45, 45, 85 high of the 2nd of September at a peak G with two doji candles. Those are absolute clues at all time highs. You watch for the reversal there, and what we're looking at is the MAGD turned down, stochastic turned down, but it'll take a week today or tomorrow for the 9th period to close below the 14th period to give you a confirmation of the cell mode. Look, in the Dow, what we did, we spoke about this, uh, I think it was Thursday, we were already talking about the fact that we are closed below it. You'll see this as well. I show my subscribers every day. Um, look at this. This is the green line is the 9th period moving average. And when it crossed negative right here, it turned pink. And that says, you've got a confirmation of the cell mode and the, uh, daily chart. Not the weekly, weekly chart is not even close to having the 9th period go into the 14th period, still early in the game. So what we're looking at here is go back to the S&P. The S&P nice move up. I mean, really just built from, uh, middle of the night, I'd say it just starts to build and build the build. And by this morning, you had already hit in the, in the, in the, not the futures, I'm going to the cash S&P 449 2.99. And now we're at 4461 30 points lower at the low of the day. I have to tell you what I'd be warning subscribers for a little while that we're looking at that we're probably going to lighten up on our lungs, raise the stops. Um, we still go long positions, but we've had these shorts and this says to me that within the context of where we are at this particular point, pure on a technical basis, the daily charts are suggesting sell modes all the way around the weekly charts. They've just begun a turn down. You can't even talk about them yet as something fulfilling the parameters of the chaplain wave. So you even get a sell signal yet, but the warning is out there. And I'm going to explain some things as we move along. So you've got the S&P up four at right now at 4462.6 if you look at the QQQ, unbelievable new low, uh, uh, since the high that was made on the seventh and three 2.78 two days ago at the open, we went short via the, um, SQQQ Q just a small, very small position, but that's okay. Small position over three times short. That's still something to be worried about if you're wrong, but look the nine period moving average on the QQQ, Indiex 100, uh, trust series. This is the Indiex 100, um, trading vehicle. Look at that. Now, now I need to do this. So this is the start of a week. First full week we've had in a little while. So let's do this. Apple these are the fang stocks. Apple peak F at 157.20. Six. I'm going to double check 157.26 on the 7th of September. I can now make this red. It is in a cell mode in the daily weekly chart, peak E always morning at D's and E's and F's in weekly charts. Gotta be careful. So down arrow apples in a cell mode. This is F in the daily E in the weekly leg F. I'm going to call this for an F in the monthly, even though I could give it an alternate count. I have no need to do anything. First of all, we don't have a position, but we have the QQQ short. So we'll see. Then we want to go to Amazon. Amazon. I was warning the other day that the bounce could be over. Um, but it has got a peak B and trying to fill the gap, that huge gap of the earnings. It wasn't really an earnings misperceive. I think it was the outlook was a little first time. It's been a bit shaky. So we went from right here from the three, just under 3600, kept down to under 3400. And now we're trading at 3457, sort of arching over, but it's still a great company and it's still looking good. But I think it's in for a continuation of this digester phase in the H pattern. And look at the weekly chart, potential head and shoulders, but I don't even get into that until we start to see some, uh, a move below 3033 50, uh, on a closing basis. And this is just a buck to the upside to the all time high of 3773.08 in the monthly chart. Let's go on to, um, what are we talking about? Fang sucks. So we go to Facebook, Facebook, trading a peak D in the Chapman methodology right there, all time high on the 1st of September at 384.33, trading now 380, 375.21 is in the rectangle formation. Uh, I'm always wary of this because at a high, if you start to make the rectangle, rectangle formation, you also have to draw in the potential for the H pattern right there. Pump the music coming up. I'll be back in a moment. And we're looking at the Dow up to 15 S&Ps of $3,098 cents. We'll be right back. That's a chapter. We'll be a bump on music for Monday. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years, a frequent contributor to TD Ameritrade Network and CNBC. Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights is published every morning when the markets open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. 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Educating investors. Call now. Toll free at 1-877-927-6648. Internationally at 727-873-7618. I'm back and the dozen of 213 is a piece of 331. Just before I forget, I tried this morning to to get back to some of the questions that were sent to me over the weekend. If you sent me a question, could you just quickly send, resend it? I'll get to it. I just, I couldn't for some reason, I just couldn't, it's there. I just didn't have time to scroll down to see. I usually write them down, but I was really busy and I had some technical problems just with, I had to close my program very suddenly and I couldn't save at that point after all the work I'd done and I had to redo those charts. It happened a few times. It was really frustrating. I'm not sure. I can't blame anyone. It just happened. So I was busy that way. So we've got Facebook pulling back sharply. Facebook at 375 closes under 371 in the next two, three days. I would say that it too, right now, it's not even a cell signal. It says it's hinting strongly, but it hasn't even got there. That'll go to a cell signal, maybe an immediate upgrade to cell mode. Look at this. The S&P's just about to turn red after being spectacularly higher earlier on. It's one of the reasons why over the weekend, when I did my overview for my subscribers, my video on Saturday, I said, let's be really, really careful. And we're going to say, oh, they even had one of my futures of counsel. They had a trading thing that didn't affect me at the time when I was using it. They had a problem there. People are saying they also had some technical difficulties. Larry, as a mentor, also said he had some technical difficulties. So within that context, we're looking at Netflix. Netflix is any of these stocks that, oh, I did this enough to redo it. Oh, what a frustration. D, it's gone to a peak. E in the daily chart. I even did this to see if there were round numbers and now I can't do anything yet. I'll just put red for the moment. So Netflix is down 13. If I recollect, there was a round number. Nope. So the high was all time I was 600. Oh, there it is. No, 650 and 60. 650 and 60. But this is really important. I've got a peak C in the weekly chart and it's an all time high. So it could be an E slash C because it never took out the low in the weekly chart when it restarted. So E slash C and a leg D, finally a leg D in Netflix, NFLX trading at 585 down 13, monthly leg D. Oh, we've got everything sitting in place for at least some kind of a digestive phase. We'll see if that can occur over the next two weeks. So Netflix and what am I looking at? Netflix fang. Oh, Google. Google is trading at 2008, 5, 3. It made a peak F. I'm calling this an affigate root of that F slash B because it is. All the technical indicators get out of that. Suggest that this is in fact a short-term top in the daily chart. I'm going to put it down arrow N and in your high in any of these just negates everything we're talking about. I just don't see that right at the moment. I see attempts and the fact even the fact that we had a very strong open and even the fact that the dow is up 243 that while the SMB has come back a little bit to a plus six says that there's residual strength. Don't take this for granted that everything's in place between those three things said 45 so that everything's in place for a major downtown to not yet because what you really need to do is so what you really need to do is understand that you go one step at a time. There's a residual strength and I showed this to my subscribers in my opening call this morning. I said I mentioned it on the weekend, but I was still working on the night and information I had to redo the dark news cloud cover that I talk about using the Dow. This is a daily chart. Look how many times when I do that rectangle you had this consolidation. Well look this pattern right now looks exactly like others. You made the rectangle within that you've got the arch formation the dreaded age pattern and then you broke the left side low and what happened next is really important. That's why there's a green candle here. If there are another two green candles in the Dow in the next two days I'm telling you that we've got a rotational aspect to this that says watch out because there's a high level consolidation in some of the indices while other indices are taking a well-earned rest like the QQQ NDX100 and that's the whole thing that I've been saying you can't expect a crash when you've got rotational aspect when you get a Joe Granville 95 to 98 percent of all stocks are going down that's a crash but when you get this rotation that says wow we're looking at the Dow up 233 what's to worry about yeah you got to look at things individually and that's really important so okay within that context we've got our fang stocks we're looking at GOOG up 12 but it's really it's in a sell signal to sell mode it's only Facebook that's just turned down and Netflix is giving the clue oops no what did I say I said Facebook was in fact did I type in the wrong place I did oh no I didn't want to type it there but that's okay Facebook yeah Facebook is in the rectangle formation and Netflix is just turning down as we speak and I'm pretty sure it's going to turn into a peak E so that's that's the fang stocks but wait a minute question came in about XOP well XOP is the S&P uh oil this is called the S&P spider oil and uh gas exploration ETF monthly chart at the peak C gosh I had these all of these charts notated every single chart I talk about just about has been notated from the beginning of time I have to redo them because every time my system suddenly gets closed down what happens is like a little library in there and you find out that yes it's safe but it's gone to a different folder when I come back again I've lost a whole chunk of information on the one that comes that shows up so somewhere I've got the XOP all notated but it ain't here so I just redid this peak E in the weekly chart so the question is having started a new position a couple of months ago is this still something to be considered as in an up move and what I would say is I believe that this rotational aspect is really important for the general market right now because the oil and gas because oil not just oil right now oil is trading this is the crude oil that I have gone to a leg D in the daily charts you're going to be a little careful at peak at leg D because that's where can turn down but it hasn't spoken above resistance levels the weekly charts made a nice move I would say that unless this crude oil continuous contract trading at 70.57 up 84 cents unless on a weekly basis it closes below 6680 out it's called at 6650 below 6650 that's a closing basis we're on a sideways range and I would just say I would not XOP let's go back again look at the daily chart more typed it in there and type it in here all right XOP here we go in leg D I would not I would say congratulations on your entry let me see what the question is uh yeah the question question means was the statement uh definitely morning Basel I've been lugging XOP 83 uh we buy since July 21st it should be 87 last you see it should be a running standing to reach us July 1st 100 top okay I'll answer that question soon to reach I'll try to answer the question but I do see it as a positive right are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with become an apex predator in the trading markets and join the tiger's den trading room only at tfnn.com the tiger's den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas join the den and surround yourself with the sharpest minds in the trading world subscribers to the tiger's den are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows interact with other tigers and tiger's as they share trading ideas news analysis and discuss the market action all trading day subscribe to the tiger's 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out on this incredible new piece of software get your copy of the art of timing the trade charts today by visiting tfnn.com this segment is brought to you by think or swim for more information just click the think or swim banner on the front page of tfnn.com hi folks we're back and uh we're looking at the down now 250 and this pf5 is a real struggle to different uh uh indexes uh in in the youtube uh uranium stocks uh passes uranium stocks jump as reddits wall street bets goes nuclear so i'll get to that in a moment let me just finish what i'm going to say is because you got into the xop so well i i i'm going to say i like it it is in leg d it says this is where you can expect some kind of choppiness i would just not do anything with it because overall the economy at this particular point is really doing quite well there's a lot of nervousness remember i've got the dark cloud cover that i just showed out there but i think that it's really important for crude oil to be part of this economic structure right at the moment and even though i've got signals to say watch out we're in for a very choppy september at least in the beginning for this first part of september um and of course we don't even know because we've got that rule that says what's selling russia shawna which was last week and buy on yom kippa which is this thursday so that would be on thursday or friday that's that's just an old saying i'm just going to suggest within the within the context of what we're looking at i like the action and if i close look at 86.90 let's just give it um 84 84.35 give me a gala if it suddenly dips to 80 84 how it dips and what happens in that weekly chart is going to be important this week your tactics are not good at all but it's nicely and i haven't seen a turn up of the nine over the 14 and the weekly chart it's still negative but the the daily chart is saying i'm holding really well what are you talking about well we're talking about the fact at d especially with the island reversal that's a powerful move and when way above just shocked right through the 200 period moving average resistance the pink line the daily it's above the 50 i'm just saying all of these nine and 14 and 50 moving averages give you the whole of the 83s as support i don't want to get to the 83s i want just 84 34 give me a yell and we're looking at it together so far i just say to you hold tight if you are getting to the point where you say uh oh this is where i i don't quite understand the i know you like to do fundamental as well as technical then why not just write as we speak in the 86.92 take a little bit off set it aside put in 80 do you want it to break the 84 20 level and get to 83 i just set it aside as if it's money that you will put back under certain circumstances and it's really just a reward to say i've done it right i'm just taking a little bit off that i can put back and that's all that's the only statement i would make right now i don't want to i don't want to um anticipate over anticipate something that hasn't even happened it's still in leg d mac these good stochastic said 84 the on balance volume is the only reason why i'm saying to you yes if you're a little bit nervous take something off right now and that's it all right next question i had is baidu i'll do that before we go to some of the other areas baidu is trying to um after their pd is holding quite nicely but i'm putting it together with the fxi although it's not in the fxi but don't believe it is is that made a pd and that's holding so that whole area the china area is holding after just being decimated if the fxi starts to at 41 36 this is the china i shares large cap etf it it's changed its name over the years we've called it all sorts of things but in the meantime at the fxi if it at 41 35 after the pd in the 42 50s if it trades if it no if it closes on a daily basis twice under 40.55 oh let's make it 40.50 at any time in the next week that's going to say uh oh be careful that counter train rally could be done next question i had let me just check on here if i could see it at all uh whoops that was a mistake i made that a little out of my mistake okay i could get that out there i want to hear that because i think i was talking over the bumper music okay i'm going right here wow i'm listening to myself in youtube i'm sorry about that i'm trying to move over to this chart right here there it is okay now i'm going to run i just want to see if i've missed anything yeah a couple of questions came in came in and from the weekend there's one i'll get to soon okay good i need you to know that and um so within that context the question came in over the weekend what about gold you've been you've been talking about gold is being okay but nothing more than okay not very weak not very strong just stuck in a range well you can see it's up six and a half today at 1798 it's holding well if this will turn into a one-to-one to the downside if certain conditions are met and i'll explain exactly what i'm looking to add right now i'm not saying it's going to happen i'm preparing that there's been this rotation through the different sectors at this point after the last week i would have thought on other conditions other usual historical conditions that i'd be looking at gold at 18.23 to 18 or maybe even a new recovery high above the high of the third of september of 18.30 let's call it 18.37 on the continuous contract it's not happening so if there is a close on a daily basis below 17.77 i'm going to be watching this let me give you a silver quick because i want to go to the dollar pd oh i drew this and i have to draw it in again oh what what a nuisance i've learned now i'm going to do this actually talking i'm just going to get into that i should have been doing this for years and years and years just hit the save button every few minutes because i do so much work to have to go redo that because it's suddenly closed look at this it's got a chaplain wave uh falling explanation to the downside and silver at 23.80 it needs very quickly at minus nine it is very quickly i mean by wednesday to be above 24.15 that shouldn't be a big deal but so far it is because if it goes under 23.30 that's a problem now i'm going to go to the dollar maybe it's pulled back by now yep it has so the injured day high was 92.89 it's trading a 9265 up two cents this is a pattern we've seen quite often lately we had peak b suddenly arches over i'm going to be prepared that maybe the maybe gold actually does around it should normally but it isn't right now and the dollar starts to pull back so if the dollar can get to 93.10 in the next two days that's fabulous action if it breaks down and it closes under 92.33 i'd say that's a bit of a problem and that weekly chart did the peak d perfectly with the chaplain wave stalk leg formation there's the leg there's the body there's the neck he has the beak and usually after the beak is completed we don't always know when it's completed there's a nice bounce nice rally then you're on your own and the technique it throws it out it's done you have to look at other techniques so we're going to be watching that and that's the that's the dollar let's go to tlt i want to do that i think we're almost done with those engine yep there's the tlt in the chaplain wave inside track repellent zone after the peak d hi that was made back that was around in the 23rd or something the 20th of july at 15271 peak d idon reversal comes back down then fills it partially and then pulls back and now it's in an arch formation but holding nicely and the arch can go oh that was the question over the weekend when does the arch go to an m fat for right now we're looking at the chance because it held so nicely that the tlt is going to form an arch formation and make a rectangle so that yields are just stuck in the range they're not breaking down they're not breaking up i'll be back in a moment we've got a lot of questions i'll be back in 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we're looking at AR question came in about ARKK which is ARK innovation ETF and that's trading down 239 and 180.07 hit the 200 period moving average tried to rally went all the way to 120 and then the low was in fact oh i just changed everything let me go back and i can see the low yeah the low was 116 14 and it went all the way to 120.81 and now it's down to 118.03 i suspect and i i'm not sure how i'm going to do it whether i do a revenue for subscribers where it is one of the the usual ones that i did whether i do something that i record and i i do it after questions come in and you can just listen to it anytime i just haven't decided just the medium that i want to use i have been asked if i would do one for subscribers which is what i normally would do but most importantly what i'm looking at is in this phase of this digestive phase in some of the really the great areas that we we we want to be in we've got a couple of stocks that i said warned on friday you've got to be careful because they're making tops that should i even spoke to tommy when i spoke on when we had an interview on thursday so we've had stocks that have done fantastically like tmo a thermo-official scientific but it made a peak d it made a little doji candle um on friday at 573 63 it made an exact double top for two days in a row but we're long from 44 we're taking two little bits off um and it went from 44 we entered it hit 575.63 on thursday and friday what was the high 575.63 with a doji candle so i won't be careful and today's high is 575.30 33 cents off or 34 cents off making an all-time and it's trading now down 18 points down three percent at 553 and that's what i'm saying in the rotational aspect be careful you could have something that's done absolutely fantastically but this is that period where people are going to say fund managers are going to say hey this is spectacular if it saw us to break a certain point i'm going to lighten up i don't think they're going to get out certainly in leg c i've got this as leg c in the month in the weekly chart but i i suspect they want to buy it a little later so you'll have plenty of opportunities we have another one agilent technologies fantastic company agilent technologies and scientific solutions for labs and businesses spoke about it said four days in a row it's actually five days with 179.50 now we're in at 70 179.59 top um no i made a mistake yep 179.57 57 high on the 3rd of september the next day it's 179.37 the next day it's 179.18 the next day the highest 179.36 friday it's 179.31 this is i i when i gave one of my master classes one of those one of those all day sessions um about a month or so ago i said be careful watch this technique it's been working fantastically for quite a while in today on a one minute basis a five minute basis 10 minute basis 120 minute basis and even in some stocks making double tops or triple tops but making patterns that just refuse to break the height it refuses to break the high unlike a cintas we do not have it i use it always as a as a as a medium of looking at overalls uniforms rentals and the question guy that was a question the question was um cintas is making all-time highs what does it say about the economy and what i did is a study and i lost that i have to redo it again gosh that was upsetting i did a couple of chart patterns that i was showing the dow home depot and cintas together to show that cintas very often over years decades i'm talking about makes its low kind of close to the market low in anticipation of a turnaround of the economy but at highs you've got people that have to commit to buying and as it's getting look at this peak c1 c2 c3 c4 and then it goes to a leg d and this took over a month to break out and now it's turning at 408.10 so cintas the reason the question was how come isn't that a good sign for the economy what it says is that within the context of your sectors look at this as where companies don't really want to put money to work if they don't have to they're almost forced always to going into anything like looking for job searches or overalls uniforms rentals anything that has to do with where you've got a commitment a financial commitment for x number of months years or whatever it is they don't like to do it until they forced to so the tops are very often made after the market pulls back but i'm talking about major tops so in this particular instance what it's really saying is ah well fund managers have been forced sorry fund managers companies have been forced to buy overalls uniforms rentals and do everything that pertains to the the infrastructure of the economy as it relates to hotels and whatever it is and therefore you can see it go higher even if the market is starting to at least digest big gates so that i think you explained that was one of the questions and next question is i could i look at an i y r i y r is the um uh this is the i shares the Dow Jones U.S. REITs index trust leg c in the monthly chart and it's a leg d in the peak d in the in the weekly chart says be a little careful here and it's up 1.27 at 108.30 but this peak d right here the daily chart whoops uppercase d and on the way up where we use uppercase is in a cell mode in the daily and it hit 111 whoops 111.44 111.44 let me type that in here 111.44 uh week and a half ago and that's the high and i'm making it in red so it's digesting gains to just be a little careful here but it's still the weekly chart is saying hey this is still pretty good yes we had uh two like a railroad track one big green candle one big red candle i'm just saying be a little careful here because this is an area that could digest gains uh let me just see uh let me question came in here um yeah so the uranium stocks you i can't believe i have to redo this you are a global actually uranium remember i actually talked about it i did the whole thing i did a whole bunch of uranium stocks and that just wasn't saved for some reason i'm gonna do that right now save all workspaces just keep doing that don't forget to do it um yeah so this is a huge move up doji candle legs see in the daily could pull back a little bit and then have a slightly high high i i thought i'd drawn in and i said i think we're getting to a point in the uranium stocks that it could get to a what happened to the rectangle that i just put in there this is so frustrating and this is the old version of trade station i haven't wanted to update because i'm just so used to after hundreds and hundreds of thousands of stocks to go to the new version well i want you to join a rectangle i want i'll make it i'm like in a semi-circle all right we go one more segment segment to go i'll try to find it in the break to to a rectangle i don't like to do circles or ovals unless it pertains to that so trading at 27.6 an hour per dollar 25 you are a global ex uranium ETF spectacular move this is on i'm you know i'm fine i said i'm fine they said oops wrong wrong um i should not have used that word fire sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at tfnn you'll get advice and guidance from the authority and technical market analysis and it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv live every market day from 8 30 a.m. to 4 p.m. eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts to help you make the right moves with your money watch online at tfnn.com or on tfnn's youtube channel and become the investor you are born to be tfnn educating investors markets can rise and fall like the tides subscribe to basal chatman's newsletter the opening 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give me the symbol that i used if you know it equal weighted spy oh s and p maybe because s and p itself the cash equal weighted anyway i i i have done that but yes i do use it but i haven't used it the uh the qqq one which was what did you say the symbol was i g7 that was i'm gonna find this um there it is and as i found it it just moved away qqq e okay so qqq e 1 2 3 e you see what happens is they actually move close to the same sort of pattern but one might be lagging all the way through so that when you finally find uh finally do the analysis uh and try to put them together you'll find that one is lagging and often it's the equal weighted one that's um so i'll try to get to that uh tonight we'll see but in the meantime back at the ranch a couple of questions came in um let me just see steve i i didn't know who it was it wasn't my choice uh um uh baseball i uh steve ray Vaughn i don't know i don't even know steve ray Vaughn but all i can say is that doc n knows docu question came in about docu see here's your peak d so even docu's side a fantastic company is just pulling back sharply so that's what i'm saying that we're looking at a rotation that says the qqq at this particular point especially the fang stocks are much weaker you look at the xlf when the xlf is trading it's kind of holding the like the 50 period exponential moving average if the yields start to rally you'll see this rally so with that said and with you bumping music i'll be back tomorrow and uh check out the people on the daily newsletter and as i say we do have two shorts and most of you have longs and this is going to be a pretty important peak time we can lighten up some of the next few decades have a wonderful day see you tomorrow and check out the all the programs coming up this should be great