 The following is a presentation of TFNN, the Tiger Technician Hour with your host, Basil Chapman. Call now. Pull free at 1-877-927-6648. Good morning everyone, Basil Chapman. This is the Wednesday edition Tiger Financial News Network 10 o'clock, 10.06, start of the Tiger Technician Hour. I'm just scrolling across here. I wanted to see if there was anything there, and that's just regular. So, let me just show you this as well. I show my subscribers every day, one of the reasons why it would be short for a little while. Since about, I think it was, the actual short position was started on the 9th of January. of the Dow. What we're looking at here, and this is just a short-term trading position because we still have long-term trading positions from about 200, 211 actually in the diamonds from back in April 2020 and just about 300 in October of 2022. So within that context, what we're looking at here is, look, the Dow is only down 42 points. The S&P is actually down 30, but I just wanted to show you this chart. Look at this green nine-period exponential moving average. Look how long it's taken, and it's still very positive. It's way above the 14-period moving average, except for the first time now. They're both pointing in the downward direction, but that doesn't mean anything. That can change. And look at all the support levels. The Chapman Wave automatic support level is right here. You see this cyan-coloured one in the daily chart. And look at the MACD, very weak stochastic down at 67%. Not bad, but it's not good. Unbalanced volume sharp, you know. It has a 120-minute chart. Look at all these red automated Chapman Wave support levels. But the last one, 37187 is the second to the last, and then 370.95 and 370.92, a little cluster between the last, I'd say, two weeks of action. You've got these baselines that are really important to break under 37, and you start to test 38,980, 60, that is, the 200-period moving average. But we haven't got there yet. And that's why I've said that this is really, I've considered a digestive consolidation phase. I want to talk to some things in a moment. But look at the resistance levels, the automated resistance levels. The other daily chart, 37966, the 37785, 37842, 37860, these are all automated, and they're really based on the MACD and the stochastic. It's work that I had asked my good friend Herb to do a long, long time ago. The Herb has now passed away, so I've never been able to change the colors the way I would like them. But that's okay. Most importantly, let's just get to this. And it's really important that, so yes, this is crude oil down at dollars. I'll go backwards. All right, crude oil is down 31. You see stuck in the range, in the lower range, see the weekly chart, 9-period moving average, very negative. MACD's negative stochastics only at 19%, under 20%. The daily chart's also pretty negative weekly chart. It was starting to make a cut pattern, then it failed, and now it's kind of in an H pattern. And what's going on here? Because crude oil, you would expect with what's going on in the Middle East that crude oil would be really much higher. You would expect what's going on in the Middle East. And I discussed this within days after that October 8th attack on Israel, minus 13 in gold right now. And what I'd said is that this particular move to the upside was very unconventional to the usual Middle East configurations where you get crude oil spiking higher and then continuing higher, you get gold moving higher and then continuing. This was just like a whoops, what's going on here? And now it says, yeah, whatever it is, the gold insurance, in other words, treating gold as insurance for the Middle East is not doing what was normal. It is something very different. And I had said my suspicion based on the PPA, which is the Invesco Aerospace and Defense portfolio, said that there was a chance that there'd be some defense and aerospace contractors that would benefit. And I discussed at the time that it looked like gold GD, which is General Dynamics, was the one that was benefiting and that Raytheon, which should, in fact, be benefiting because of their dome, was, but not to the same extent that you would anticipate. And that told me that the ground warfare was more conducive to something else than the normal military operations in Gaza, that is. So within that context, I think that's the reason why gold is pulling back, but there's something else that's going on here, the dollar. So the dollar is moving up quite sharply. It made a low in the hundreds, so 121, was that? 100.62 on the 28th of December. Now it's at 103.57. This is a pretty big move when you consider that it came down so sharply. It's come back up, it's taken a little longer on the way up. No, it's about the same. But it hasn't taken out the 200-period moving average of 103.79. That's the magnet line. If it starts to go above that, then this pullback in the market is going to be a lot more serious. Now, within that context, let me just say that, let me just do this right now. The Dow, this is really nothing when you consider that it's come from the 32,300s, October the 27th, all the way to 37,825. This is really time rather than price of the consolidation. That's why I wanted to keep core positions and have a short position based on timing and my analysis of the consolidation. But look at this. I need to put this up here. I have to keep doing it to remind myself. When I spoke about the Chapman-Wave Dark News cloud cover, and I'm really thinking now that I'm over the next week or two, I'm going to consolidate to make and really define what makes this a Dark News cloud cover and maybe change the name to the Chapman-Wave Dark News index. Just make it as simple as possible. The reason I wanted to do that is because higher yields all the way through every one of these tops that I notated, I mean you can go back and back and back, every one of those tops that I notated with a little rectangle, I said there's yields, there was international uncertainty around the world. There were all sorts of things that just pertain to this. It included crude oil at different times. But this is the first time I said, I don't know if I can do that. Let me just check here. Yeah, you can barely see it. I guess I'm going to have to change that a little bit. Color. And this is going to be full pattern. So full color. Full color. And let me go down to full color right here. I don't know what I'm going to make it. Full color. This yellow. I'll make it a little bit more. There you are. That's the effect I'm going to do with that. Yes, there you are. You can see a little bit clear. And that just tells me that in this period since the 15th of December where I've been saying I'm anticipating the sideways move in the Dow, I think we're still unfolding. I'll be 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. 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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. 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. Our folks are back to the gold. It's G-O-L-D. This is a very gold corp. Big plunge to the downside and definitely again in the tagging YouTube says, gold has been broken as a hedge, oh no, Basil Barrick Gold yesterday came out and said costs are rising 10%. Wow, big move. Just two and a half weeks or three weeks ago, it was up in the 18 area. Now it's at 15.54 and it got repelled after 200-period moving average in the weekly chart. Yeah, this is tough. Okay, so I just wanted to go through this look. The dollar, the XY, nice move up, up 29 ticks at 103.60. We are still along the dollar from 2018. Haven't changed that position, have taken some money off, but haven't changed the position. USDJPY. So this usually goes in the same direction, not necessarily the same amplitude, but the same direction as the dollar. And yeah, it is. What a beautiful way better move from 140 to 148. What a nice move this is. Leg C in the daily chart and the weekly chart, it's about just over 50% retracement and for the 151 high back in September or so last year and it comes all the way down to 140. So now this is a good move to 148, but you've got the weekly chart with a big RIT candle last month and so far this month, big green candle. If it takes out the high of last month on a closing basis, that actually is quite important. I'm not sure how long this is going to last because if you look at the EURUSD, we were just looking at the yen currency pair and now you've got the currency pair of the EURUSD, the United States dollar. Look, there's your dreaded H, lowercase H, takes out the low and this is a sharp move down for the second day actually with the doji candle at a peak A and that just says the 1.080 level of the 200-period moving average is probably a target and it's at 105 right now. So that's interesting. Just one more second. I wanted to show you the gold dreaded H pattern and that takes the 2002 200-period moving average and makes it a target. Look at the GDX. GDX, whoa sharp you know, 27.69. Yeah, oh and for the first time we've got an S, first time in a month or two, we've got an S that means that the 9-period moving average has gone under the 14 in the weekly chart of the gold miners ETF GDX trading at 27.67 down 71 cents. Now let's put this together with silver. I remember I didn't like the silver chart at all recently and now the silver chart is, let me just get this, there it is. You're looking at silver down 0.30 at 22.78, another little dreaded H here. Just a minute, 22.50 pushing away from the 200-period moving average. 20.50 is the target, it's at 22.78 point, down 0.30. That's going to be important to hold because if it doesn't, the 22 low, the 22.28 lows, the continuous contract low of the 13th of November becomes a target. So within the context of what we're looking at, so let me just sum up, for me, so we are shorted down a very short-term basis, not aggressively short, just short. We're short the semiconductors and the centers are down $3.59 and 172.10 right now. This peak C which made it a fractional new high, I meant to change it this last night as an F. This is really a case where there's a chance and a very good chance that the high that was just made at 176.85 is going to be the high very short-term, but a lot depends on whether 169 is taken out within by Friday. So with today's Wednesday we've got Thursday and then we've got Friday, that gets taken out. Then we watch now. I need to talk about something because it's very few times have I listened to Stan Harley and not being absent, especially at the conference the other day, a cycle conference. He was so clear back in October, about before October that there was going to be a late October low and then there was going to, well there were two lows that he said and both of them were perfect. I think he said October 28th and then another one about two weeks later and that I mean it was just, it was perfect the way he announced it and then because of the way he's defined all these different parameters, the last week, the last week has been just for me. I don't know, he's very clear about it, I'm sure, but it just seemed to me that in his cycle work, since the down made its high on Friday, which is the 12th, let me just double check on the exact timing and he had said the 16th was where initially it said it's going to be the, it's going to be, I don't even want to look at the other side or what's going to happen there, but that that'll be the top and it could be a top for a long time. Now, when we're doing cycle work, you can invert the dates and all sorts of things like that, but the cycle work that he did was so, it's been demonstrated for a long time now that he's been on with Larry that I've listened to him and it's been so impressive that I was thinking how could you get a high and within a few days get a major low unless we're going in for, and that was on the 12th, so I missed it by a few days, he said the 16th and then he said the 19th, but he's talking about it from October, it's months, so I, to me that's not the important, missed him by a few days, but the direction, I'm trying to put this together to say if this is just a high-level consolidation, but the estimators are already at all-time highs, well yesterday, all-time high, and the Dow a few days ago was at an all-time high, it seems to me if we were to get another big move to the upside, and I'm not decrying or saying anything about his work, because in fact it's ongoing what he said, he said, and he's articulated very well, I'm saying for myself, I'm saying the way I'm looking at it, I'm anticipating some kind of longer and over a period of another week or two or maybe even three, a little bit deeper pullback, because if we start a brand new move from here, you remember the weekly charts, this is only, let me go to the S&P right now, because that's a little bit more extended than the Dow, that's already in leg B, probably a peak B this week, there's no other way I can count it, that it was a G at 4607.07 on the week of the 20th, 28th of July, well if that's the case we could have a little bit of a consolidation here, and then make us see what, we have an incredible move from 103.78 on the week of the 27th of October, single leg up over 123456789 weeks, nine consecutive higher highs and basically higher lows, then one bar rest, then one bar with a fractional new high from 47.93 to 48.02, and then, so do I need to put in one of my Chapman wave filtrums here, this is not the Chapman wave stork leg formation, this is a filtrum, this is where that becomes a propeller shaft, we'll move to the upside, you know in this environment, I just don't see that, I don't see that, so I'll go on with the analysis as I see it, and I'll talk about it when we return. 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In the Tiger Zen, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other Tigers and Tigresses as they share trading ideas, news analysis and discuss the market action all trading day, even at night and on the weekends. The Tiger's Den at Discord is accessible on mobile or tablets as well, so it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. Don't forget you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit watch Tiger TV. That's TFNN.com and hit watch Tiger TV. Hi folks, we're back. I just want to show you a couple of things here. So, so yes, we did. We made a very nice turn in the market right here. I was at a peak F right, stop, stop, stop right there. And that was at 720, right there. That was 726 on the 17th. That's today. 720, what's that? Yeah, that was late last, like 720. It was in the morning. Just feels like such a long day already. Yeah, that's right. So that was, and now we've come down from the 47, from 4800.75, we're at 4764. But look how important the 200 moving average was. Then it wasn't. Then it was. And now again, we'll see what that's going to do. And that's at 4769. So if at any point this morning, and I shouldn't say this morning, even in the next two hours, if the E-mini, and I did have a chapter where I was high reading on Trin gauge, which said be careful because there could be some rallies, even if the price is lower down, be prepared for that. That's what it says. S&P futures could rally 10 to 15 points. So we've had one rally already, maybe we'll get another one. So that's the level to watch. And then what we'll be looking at is what would be the next resistance. Certainly the 47, oops, that was a mistake, the 47. So within, there are really big differences. Look, the 200 moving averages of 4769, the one-minute chart, the five-minute chart is all the way up at 4780. And then the 10-minute chart is up at 4787. So let's watch that closely. At any time during the day, that whole area of the 4780 is going to be really important because if there is a rally, we're looking at time. And remember, tops are rotational because all the different sectors and stocks are doing their own thing and getting overboard in their own sequence. Bottoms are made in unison, almost always, or within a couple of days or one another, but usually all the indices kind of arrive at the bottom on the same day. So as I'm looking at it here, I'm saying this particular index that I was using kind of as a benchmark, right? I lost it. All right. Well, it was that yellow chart. Oh, it's the wrong chart. Right. This one here said that this consolidation is using time more than price because as of now, the leadership has been rotational. And just yesterday was yesterday. Yes, Apple down to 181.62 trying to target the 178. We've been talking about that for a while. But the weekly chart hasn't gone pink yet on the nine-period moving average. It's close. The data chart is in a cell mode. It's got the dreaded H pattern here. So if at any point it takes that 188 on a closing basis, that's fantastic action. Up until then, you've got to be careful. Microsoft pulled back and made a fantastic run to put it over here. There it is. Microsoft. So Microsoft is pulling back off the new old-time high yesterday. A 394.03 is down three and a half at 386.60. Yeah, this is very important. And not only that, look, the weekly chart still has all the technicals ready, very strong. I'm not as volume though, starting to weaken, but the price is held and it says the whole containment area between 380 and 367. That could be a digested phase for a little while. So when, so trying to get back to, is it possible that we make some kind of a low instead of making a high over the next few days because you need to have a confirmation that the semis, as far as I'm concerned, that the semis are ready, that was it. And this high is going to be there for at least two, three weeks. And it pulls back. And what does it pull back to? It pulls back to the 50-period moving average of 184. All this low right here that was made about two weeks ago. And one that it is right there on the 4th of January of 163.97. And that would just be a minor consolidation of the fantastic move to all-time highs. And that's really what I'm looking at here. That could change, but I don't see any reason to say it's about to change. So I had a couple of questions down and we get to them right away before I run out of time. Okay. So yeah, oh January options in Friday. Yeah, that's right. It's going to be a really interesting session. Okay. So a question came in. Could I look at NVIDIA? NVIDIA is trading made an all-time high yesterday. Oh, there was a round number. Is there a round number today? No round number. Yesterday, 549 a low and it closed at 563 made a higher of 568.35. So what would I say it was 549 and we're trading at 552. So 549 means that if we close under 549, two out of three sessions, that 549 level is really important because it closes above there. It says just a high level, very short of consolidation and it couldn't go higher. That's NVIDIA. But look at this candle here on the weekly chart. It's only Wednesday. It's not even high, exactly halfway into the week. So I'm going to watch this very closely. So that was NVIDIA. Look at, I did Apple. Oh, I want you to do this. So I was asked about WBA. That's Walgreen Boots. And I said I would just hold off and let's look at it again tomorrow because I wanted to see if it was going to close underneath this long-wicked candle before it gapped up. It was a gap down and then it moved up, closed the gap, now it's back under it. So 2258 was the low of the fourth of January. And I said, I'm just watching this closely to see if that was an aberrational two-bar move, big green candles, and it was. And that just says to me, hold off on Walgreen Boots Alliance, Inc. Drugstores. It's just not ready for prime time yet, but I've got it on my radar. Same as I've got Verizon on my radar. See how this was acting so badly. Look at that. Just lower lows and lower lows and lower highs and lower lows. Then at 13.14 on the 6th of October, it starts to move and it gaps up. And since that gap, it hasn't even looked back. It's gapped up to about the 33 level from the 31s. And now it's trading at 39.08 down 21 cents. So it's really important, looking at this market, saying, all right, what if we make some kind of a low in the market over the next week or so? What would move? Well, I'm watching these very closely because if you look at the monthly chart of Verizon, that is just one ugly, going from the 62s down to the 30 level. That's ugly. Cut more than cut in half. And now it's trying to bounce. And they give dividends. So there are a couple of things that people look at. And this is what my webinar was about. I haven't gone into this yet, but it's on the list. I'll be back in a moment. 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. 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 season 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. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Let's get back to our story, so a number of things. So I mentioned just in looking at different sectors that might be working, the telecommunications like Verizon or not quite so much T, which is a telephone, that's kind of an area that just intrigues me only because you had fantastic gains in the dividend stocks like Exxon and Chevron, and now they're just fading. I mean, look at this, Chevron is down 20 cents in 97.49, and that just tells you that whole concept of what's going on in the Middle East with crude oil, even the whole thing with the how can I put this, the closing of the canal so that you have to go around the Cape of Good Hope, go right around. I used to see the boats coming around where I lived in Seapoints, Cape Town, South Africa from my bedroom window as a preteen growing up. I used to see the castle liners and the oil tankers, etc. Yeah, anyway, that was a long time ago. So in the meantime, back at the ranch, what we're looking at is you see what I mean by the magnet line, look at this, there it is, right there, peak D, couldn't break above it, not yet anyway. Okay, so with that said now, I'm free to do a whole bunch of things, and I've got them all written down here. So I want you to look at, I want you to look at, let me see, where was it? IBM. So IBM has been absolutely, oh, don't do that, it was on the wrong page. Okay, there you are. Okay, now we can say IBM, this is on my Daddy Weekly monthly chart, an 120 minute chart, right there. Look at that move. This is so strict. I've seen this kind of wiggle in the daily charts. I'm trying to think offhand. Oh, what was it? Oh, I'll probably come across that chart. There are a couple of charts that look like this, but they've got this strange single leg up in the daily chart. I can understand it in the weekly chart. I can call this an F slash B in the weekly chart. It is so strong that it has a recovery high, as we speak, a multi-year high. In fact, IBM, one of my favorites that we haven't got, is in this beautiful bowl shaped pattern. And in 2024, I would not be surprised if a test at 206.22 high that was made back in 2013. Could it be choppy? Yeah, you can see it's choppy, but it's making higher highs and higher lows. So, yes. So, IBM, that's on my list of stocks. If there is a very sharp pullback, stocks of the oldies that become newbies. I had mentioned this in Xerox. I haven't looked at it for a couple of days, actually. There's Xerox had a spectacular move. I'm going to look at this, $12 to $18. And this is Xerox. It says printed software, Fujifilm takeover a long, long time ago. But in fact, it does other things as well. I believe it does something in the transportation business. So, there are stocks that the old has been that are really coming on me like a Cisco. Look at this Cisco. Just can't get out of its own way. It had a huge gap down from the 53 area back in November. And the next date opens and the 46s, I mean, that is a whopper of a move. And where does it go to? It gets stalled at the children's period exponential moving average in the daily chart. Weekly hasn't yet really shown anything that says it could come on. But I love the fact that in the market overall, what we're getting is a rotation. And we are getting a rotation into some areas that have been just horrible for a long time. Now they're coming back again. And that's really important. So, a question about Alcoa. Yes, Alcoa is on my list of watch stocks. We haven't done anything yet, made a peak D in the 35s, about three weeks, just the end of this in December and middle of December and now streaming at 2733. And that goes together with PAVE. Someone had asked me yesterday and I forgot about it. PAVE, which is the Global X U.S. Infrastructure and Development ETF, made an all-time high a few weeks ago. It's pulling back here. It was a peak F doji candle. It's made a generation now. It's pulling back down 22 cents at 3324. And that goes together. And it says, this is their timeout. This is the digestive phase of those areas that are done fantastically. They just need a timeout. Look at Caterpillar. Same thing. Caterpillar, it almost looks like that PAVE chart. Down sharp, down 6.31, at 280.92. We need patience. And that's why I'm saying with charts like this, to get the kind of low over the next week that says, wow, now we're going to just break to the upside. I'm not sure I see that in the charts. If I get signals, I will follow them if my on-balance volume or whatever signals come as we're moving down. If I get those reversals, believe me, it'll be fantastic. I'd love to go with them. But I can't see it right now. The triple M and all of you that became just for a moment there, a newbie, 85 up to 111. And now it's at 107. Is this the start of a new move? If I had to do a plumb line, is this the plumb line right here in a monthly chart that says, ha, that was the low right there at about 86. And now we're going to move to the right, to the upside. So this low isn't going to be taken out in 20, not this first part of 2024. And this is one of the, the oldest that's becoming a newbie. I don't know. But the spectacular moves that they've had, 85, up 30 points, or not quite 30, 20 something points, in just two months after coming down so sharply from 208 down to the 85 level over a couple of years. I'm looking at this and I'm saying, what is in store for 2024? And what I think is in store is that we've rotated, there's some sections that are done fantastically, they'll be back anytime there's a bull move, those, don't dismiss the Magnificent Seven. They haven't gone away. They are there, and it's going to be important that they come back every time there's a bull phase. But other areas are going to come on. So Tesla's made a peak after the daily chart in December, up in the 260s, comes tumbling down, it's at 213 right now, almost a dreaded age pattern. 201 is going to be really important, the 200-period moving average, that area, I'll say 205 to 201, is going to be key support for Tesla. But Tesla's one of the EVs, the EV sector, that has other things going for it. So it means that you can look at, let's look at Toyota Motors, because Honda and Toyota are finally coming into the EV modality. Very nice, the A, B, C, C1, C2. So this is Toyota Motors training at 193.67, down about two. You see, this is a chart that says the infrastructure's in play for it. It's organized itself very well. The most recent all-time highback in 2022 was up in the two, say 18 area. It plummeted down to 125, and now it's in Leg D in the monthly chart. So out of all the motor companies, this is looking really good. TFNN has just launched their new trading room, the Tiger Zen, hosted at Discord. 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At TFNN, you'll get advice and guidance from the authority in 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 4.00 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 were born to be. TFNN Educating Investors What I was saying is that Toyota Motors infrastructure with the EVs and whatever they've done, they've done mostly hybrids up until now. They've got a bunch of electric vehicles, so the chart is holding really well. A better chart actually than Honda Motors, HMC. Look at this HMC. Look at that monthly chart. It's good, but not as good as Toyota. And what was about to do? Yeah, I was about to say, thank you for Steve Rose. Check out my opening call. We are short to downwards with this. We'll see if all those are going to hold based on champion methodology and meet the next branch for one person today and see you tomorrow.