 The following is a presentation of TFNN the Tiger technician hour with your host Hazel Chapman call now toll-free at 1-877-927-6648 Hi guys, let me just put this in the den also the G slash C aspect all right so we're looking at the Dow I've got Krutor right here Krutor is up a dollar 20 is just on the 200-period exponential moving average and we just go through this since the end of the month we can start looking at monthly charts right now the Dow hit a height of 35,725 35,679 was the last high so we're looking at a new recovery high and we've started a leg C in the monthly chart and let's put it in right there we can do it because it doesn't matter where it closes once it's gone above that you have to put in the notation that's as simple as that it could actually pull back a hundred and three hundred five hundred points from this moment on a 10 oh seven and Thursday morning the 30th doesn't matter you've already reached that level to go to a leg C in the Chapman methodology I had a one-to-one expansion right here in the weekly chart I've been talking about that for a while that said that there's a possibility that we could go in this single move to the upside leg a and what do I call the notation since we didn't take out the 31,429 starting point in the Dow we can watch the March of 2023 and now at this particular point I've got a gray a I have to change that now to a blue F slash a why is it an F because it's a continuation pattern that didn't take out the low of that peak even though there was a cell mode in place the fact that it's gone high says I've got to be a little careful in my notation it doesn't really do anything other than place it there to say be careful because F says you can have a bit of a pullback at any moment aces are you kidding any pullback needs to be bought if the stochastic which is 80 percent right now there's a weekly chart tomorrow if it closes over 80 percent there's a much greater chance that this will become a brand-new and that's really positive for the rest of the year and this is a leg D right now in the daily chapwave methodology what you'd like to look for is a bi-signal upgraded to a by mode which takes you to takes you to at least a peak D for higher peaks and just do this quickly identify a low bar get a bi-signal gets upgraded to a bi mode implying that it should go to at least a D it can go to EF and G there's never an H and D other things can happen we're at D in the Dow we have made the D and then we popped to an E yesterday in the SNP right there but just a normal high and now it's kind of struggling and it's trading down one at 45 49 the Dow is up 246 as I said in the update CRM sales force is really a big influence there obviously other stocks I'm just trying to have a quick look here a Goldman Sachs is moving are the brokers Goldman Sachs is moving up nicely Honeywell Microsoft has pulled back and had a spectacular move from the the lows and and it hit the 380s announced a 377 pulling back but sales force in the Dow also in the Dow is helping a lot so this is the SNP look at the QQQ QQQ is down to a 370 7.72 there's a peak of I'm meant to do this within the context of measurements a vertical measurement if you look at this peak D right here because strong the MACD is moving average convergence divergence look how strong the stochastic is up at the 90% 91 I think it was 92% area let me just give you the exact number the right here the SNP the QQQ stochastic right there was at who can I find it yeah is that 90 the slow was in 95 forces in 93 so now it's at 83 so it's pulling back and the 9th period moving average was expanding as being very strong but wait a minute look what happened in this one right here yesterday's high the MACD had a really the 9th period moving at 9 period differential has started to move down the stochastic was started to move down the on balance volume gave a signal to say that it's making slightly lower highs in an overboard situation therefore it could start to pull back and we've gone there's the same thing that we've just done on the Dow this is an e slash a should be blue right there blue meaning it's in a buy mode but at the same time we don't know if it's a well it's 89% in the stochastic in the MACD's good 9s over the 14 there's a good chance as an AI if there's a pull back in the QQQ in the daily chart 384 is that 387 the 9th period moving average 384 is the 14 period to really go negative 9 period under the 14 you'd have to see the QQQs at about 376 at this point I just I'm going one step at a time all I'm saying is I'm looking at a disparity between the strength six days ago and the strength two days ago the same with the S&P look S&P the strength here very good and the strength here was not quite as good so pretty good but not as good already in the S&P all right as we go on I want to go to the IWM we're gonna ask the question will the IWM the Russell 2000 in this particular environment start to finally move away from the 200 period moving average resistance at 180 that is at right now in the daily 181 is the resistance in the weekly chart if it can move in this period it's just say there's a little bit of a pullback and some of the key indices but the small caps hold well and all of a sudden you're looking at the IWM pushing towards the 183 area somewhere around here and that's a leg B I would start to say to you know I think there could be a bit of a rotation there's a broadening out of the market we've seen that ARKK is a good example this is ARKK is the ARK innovation ETF at a leg D yesterday was just a doji candle at about 48 didn't 48 exact I think it went just above it 40 48 oh two and here it is at 46 73 pulling back just a little bit down 16 cents from yesterday's clothes but there's a D and there are so many stuff I mean I don't want to do it I did yesterday I don't want to do it again but there are so many stocks and indexes that are at potential DE or F highs I think that we are very close to some kind of a some kind of a digestive phase it might just be sideways I'm not sure yet because at 9 over the 14 then all of these are still very strong okay now let's go to gold gold pulling back just a little bit down 12 at 2054 this is going to turn account D I think it is I got a little reversal on balance volume which is overboard but 93% in the stochastic MACD is good 9 over the 14 is good so this just says maybe a bit of a pullback and that pullback occurs exactly when I go to look at this as a left side right side price time match I had within the last two days I had yesterday probably as the click right there yesterday is the day that I said the test of the load that was made more of August the 30th August the 30th 102.94 will tell us whether or not it's going to be a balance which I was expecting in the Dow in the dollar and the dollar today is up 65 cents and one of the 49 not a big deal but a big deal in comparison to where it was two days ago technically where the dojo candle allowed it to be ready today down up 274 S&P's up five I'll be right 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 dot com TFNN educating investors everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the Fibonacci 24 7 newsletter at TFNN dot com when you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on 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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 dot com TFNN has launched the Tigers then 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 Tigers then available to all Tigers and Tigris is 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 dot com free at 1-877-927-6648 internationally at 727-873-7618 yes thanks Pat in the Tiger YouTube Lana Solis storms today not good for the market yeah I you know I coincide that's of course I think it's the wolf trader yep that's good information and a couple of things I was going to do I don't want to do them right now I just want to I need to go right here to the market and 103 56 up 72 in the in the dollar now look at look at the technicals that I have I don't like messy charts I know it looks like everything's messy and this is starting to be really messy so I mean I used the dollar we have been along the dollars since 2018 I want to remain along the dollar for now I see no reason why we should do anything we've taken some profits the office will kept the core position it was at 90 it went all the way it's gone to 120s and pull back back to 90 the UUP which we've owned still held support ran up again went to 107 35 the dollar in October of this year and then what happened is 107 35 you see these first of all you see this inside track chavewave technique inside track repellents and look at the prices kept in this little inside little channel mini channel it turns out to be a proper big channel on the upside channel means two lines are parallel so trend lines that are moving up so it went there it had a little doji candle on the on the 3rd of October and then it started to pull back it held support and what I like to do is I like to take the dip if I don't get my eyes sees I love it when you can do it left side right side price time after symmetry of that says that you can use the number of bars on the left side to the down or the up move curve turn around if you identified correctly to get the exact number of bars on the right side to go back to that level I call it price symmetry or time price match now what we've got here is this low I like to use if I if I'm looking at it and I say you know I just I think it needs a lot more time I'll use the cup I haven't there are standard techniques that I use all the time I keep wanting to know if people are interested in these techniques because I would love I just something I love to do I love to do another all day webinar and we just look at charts throughout the day and I say what chapter wave technique is applicable right now well this one was applicable you went to an E and then the technicals look this the stochastic was starting to fail the relative strength is starting to fail the on balance of volume was a really good but what happened was the type of technique that I use and especially the with the UUP let me just do the UUP because that was really what I was looking at the UUP gave a nice V shape inverted V shape pattern in the on balance volume and that was a nice clue to say that you could turn around so now let's go back to the chart just showing you some of the I usually wear a Friday is the technical Friday I do chapter wave techniques but this is applicable why because it's the dollar it's really important so you made a top and you start to make low lows and lower highs and then there was a beautiful so this up channel was the reversal point right there hit it exactly turned around so as it took out the support level that was the clue that this should be a bounce and give you a dreaded H pattern a lowercase H pattern which it did and then it had a retest of the highs but all the technical the technicals here were just terrible and then the 9p moving average cross negative so now I can get rid of all this stuff here because I've just this is the channel that I used a support it broke it let's get rid of it I like cleaner cleaner charts than this right there out out damn spot all right I'm even going to get rid of this up channel right here it's just getting messy and then what I did is I drew in from that I have a technique called the chapter wave inside wedge target support or the target resistance like it's dash pink on the way down dash green like over there dash green on the way up and I can even get rid of that right all right and then what happened was we came down sharply and I drawn in from that low the price match and I said that by the there's the daily chart right yeah by the that's where it goes to it says by the 29th of November we should be testing 102 well we did it the day before did it yesterday and now we've turned around quite nicely that doesn't mean sell my god why yeah now we're moving it just means this is the price turn you've got the stochastic turning up it's still terrible at 8% you know how I like to say over 80% in the stochastics very positive under under 10% is very negative so it's got a lot of work to do the strength has moved up the MACD histogram is starting to improve and the nine period moving average the pink line is starting to flatten out that's the line there's a ton of way to go to get this to cross positive you'd have to go over the 200-period moving average of 104 20 you'd have to probably get close to the 50-period moving average which is somewhere in the 104 80 area a lot of work needs to be done so that's all I'm saying right now and here's another this is the technique I kept that in I said this is going to be very important this channel this inside right here this this trend line right here look at it went from that high to that high and it gave you that exact low so that's that's important for a balance all right and the monthly chart is still the nine period is still over the 14 and that says hey there's still internal strength and that just is now look at the euro the euro did exactly the opposite we went to this chapter wave technique g slash c now I normally say mmm a g slash c very often makes the cup formation pulls back from G but if there's still internal strength you should see a D and then be careful well this is a genius pulling back sharpie it went right to the 200-period moving average I mean just look at the times it's hit it and it's repelled at this 200-period moving average so the euro says and if you look at the monthly chart it's not a great-looking chart it's improving chart but it's still pink with a nine period moving average negative so this is a work in progress and if you look at the u s djpy this is the currency the Japanese yen currency pair nicer does the same technique channel we've inside track repellent zone I usually make this green right here because if it takes that out that's really important and I make this pink because this is the zone the cell zone well it hit the cell zone and it got repelled at PEE making lower lows so the technicals are still very weak here it's a lot of work to be done for the USDJPY to to cross look the night in the weekly chart I'd say before there's nothing wrong it's still looking great technically so that's internal strength and that kind of the trend of the of the yen and the dollar tend to go together not the same proportion but they go together plus you've got the large rectangle in my webinars if you if you're a subscriber you know you can go to any one of my webinars I've had a number of webinars on this but the one of them was called the difference between the large rectangle and the narrow rectangle large rectangle says you go to the flagpole high there's 148.82 peak F in the monthly chart come tumbling down and then if a source to make high highs and high lows it should go to at least it should go to it could go to a D but it will be underneath just underneath the target is always just under right on or just above the previous high and that was 148.82 the last high was 151.80 was it 151.90 151.90 so we've achieved everything in us having a bit of a pullback so it's not interesting so we've got some kind of some kind of strength still in the yen the dollars pullback of the monthly the week chart is still okay and the euro is just started to pull back as the dollars wrap and that corresponds to go pulling back does up to 62 S&P's up to I'll be right back currencies commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe which is why it's a great time to try out Teddy Keg stats Tiger forex report Teddy Keg stat breaks down the forex markets every Monday using his 30 plus years of experience as a trading veteran of futures forex stocks and options Teddy releases his weekly tiger forex report every Monday morning with coverage of all the major currency pairs including the dollar index the euro dollar pound dollar dollar Swiss dollar yen as well as many more and he also has weekly coverage of the crude oil market and the 30 year T bonds as they both influence forex markets tremendously when you sign up for the tiger forex report you also gain instant access to Teddy 60 minute webinar archive he just hosted forex strategies and fundamentals what is behind the tiger forex report for all the details and to start your 30 day tiger forex report subscription today visit the front page of TFNN comm 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 after all it's impossible to predict the future right like any endeavor in life before you decide it impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN comm the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices get the opening call newsletter by Basil Chapman in your inbox every day 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 TFNN comm educating investors Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 finishing at number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his 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say it's so important that we've got some of those stocks that just got hammered like Shopify like CRM even Salesforce I mean so many of these and some of the I mean Shopify wasn't in the category of self Salesforce which is just a monster in the in the cloud but at the same time the fact that it's had such a good response to earnings and even though if you go deeper into it maybe it shouldn't have had such a big response but it was just maybe short covering etc but it is also the fact that you got so one by one you're starting to get these really important companies coming out with really good earnings that to me is really important so I all I can say is that on a pure how can I do this let me just do this AUD USD this is Australian dollar I believe I've got it right yeah so the question is can we look at the Australian dollar since I was doing currencies let me just do this I'm going to come to all the questions at a moment I just want to do this before we run out of time so the Australian dollar this pattern that I'm looking at in the monthly chart I don't care about the notation I'm just going to draw this in for you if they if you think of this is a trend line right there think of this as an expanding trend line but deep down if you look at it there really is a parallel move right here okay I'm just getting rid of all the all the extremes and I'm just saying to you there's a chance that the Australian dollar trading at 0.6614 right now if it starts at any point in the next I'd say probably by the first or second week of January if it's trading above 0.698 I'd prefer to see it at 0.70 that's a big trend change right now it's still in the lower lows and lower highs but if you look at the weekly it's so closely garnering a nine-period moving average green crossover Mr. Cassick's at 70% and rising the MACD's got a huge expansion between the nine-period differential and the daily has gone from has gone on just real quickly and I think it is important because we want to look at the currencies to see just how they impacting or being impacted today especially with the dollar up where they've been where they're going to and in this particular instance this is a peak E it's almost like the stocks that we're looking at in the indices where they've just gone to D or maybe an E and now this 200-period moving average of 0.86 point 0.66 is going to be really important so so far the MACD is strong the nine-period moving average is way above the 14 the 200-period moving average is like a magnet point six five six I like it I think it's going to digest a little bit and then it's going to move to the six point six seven oh area that's the test but most importantly it has to hold point six four if I can read that four six six point zero point six four six and that's going to be important on the shorter term I hope that helped you now together with us I want to do look at so I think that this the the lead is the Dow right now and the Dow is acting so well INDU that and it's in leg D that on balance volume is the clue to me that it's getting a little bit top in there should be a pullback but a pullback is not a major reversal just a pullback and from the way it's acting this homeless candle of the right here the candle in the Dow of the 20th of November with the high of 35 227 and the low 34907 to me the fact let me just put this in if there is going to be a pullback over the coming week and a half I think it could even be two weeks maybe into the second end of the second week of January or December if there is a pullback then what's really important you've already done the one-to-one expansion the chapter reforming acts formation any pullback says stochastic at 81% in the weekly chart point going to 78% is fine going below 78% I said be real careful but any pullback says this could be a consolidation area and that means you give you the two weeks the last two weeks of worth of action it gets taken back a breather and then we start moving higher if it closes under 35 sorry 34,800 in the next week and off and that means you can have to have bad news because right now there is no real bad news there's a hint of news coming up but this is what we always look at this is the wrong chart I wanted to show this for the fabulous unbalanced volume turnarounds so let me just do this here wait is this how did I get to that chart this is the one I wanted yeah so this is where I'm just about within maybe by the end of the day I'm gonna be putting in a rectangle to say just a little bit of a warning to say we kind of overbought and there should be some digestive phase and the and the bad news will be it'll come from nowhere it could be geopolitical it could be conflagration in the middle it could be anything but in the meantime we don't know what it is and it could be yields on we go to that in a moment just a temporary but the strength of this move up says that any pullback should be moderate at this particular time as the news if the is bad news as it accelerates it'll ignore the kind of move that you've seen in Salesforce and then the general the overall stocks in the different sectors will be pulling back so that's what I'm looking at but the Dow right now is the leader 3 6 9 5 2 was the all-time high and here we are less than a thousand points away from the all-time high that is really important another question came in could I look at was it the XOP oh I can't find now but the question was let me put the XOP think it was the XOP no no it wasn't am I gonna find this oh trouble the question the question that could ask me again I think it was generally about the oil stocks I'm having a little problem here I want to do this before we run out of time I can't find it right now oh Basil looking at DIA puts here I don't know if the diamonds are the best one to be looking at the puts I think the QQQ or the of the S&P you know what I just need to see the day is young I need to see how the day falls down I wouldn't even necessarily be in a rush because if you're looking at puts 100 points in the Dow it's not gonna make a difference because if you're looking at puts we wanted pretty decent today's up 270 so you have to give back about 300 or 400 to really get the benefit there let me think about that for the moment I do see the Dow coming down I just you know it's a question of how does it go down the the diamonds at 357 I can see them getting to the 352's maybe even 350 is if there's a sharp pullback so I've answered a couple of questions was it the oil you could just type it in the game yes spoken Bob I'll have a look at that yeah I'm gonna try to find it for what the question was let me see if I can get there oh you know what I'll do I'll do it during the break we've got a break coming up the guys giving back a little bit it's up to 68 S&P's down down to again and I will talk about the two-click session haven't had a chance yet I will do that as well as looking I'll find that in a moment what the question was 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 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 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So the question was is oil oil and gas is starting to look a little bit better now so I'm looking at the spider oil and gas exploration fund that is the XOP it's stuck on the 200 period moving average you can be it's like glue we watched that yesterday I think it was 45-76 or 75 something around there how the how the I can find it I don't always time right now but it was like glue for the E-mini S and B-mini it just kept coming there no matter what happened up and down got locked in so what we're looking at right now is the 200 period moving average I I don't see anything just yet I would wait I'd rather see I'd rather be buying strength rather than sideways or weakness so at this point I do nothing I'd give up a couple of points and if I can see that is trading the weekly chart is flipped to negative and the 9 period moving average if this can get to the 143 area maybe then let's look at it because if it goes to 133 that means it's it's trying to get to this very ugly candle of the 6th of November with a higher 148 and a lower 142 so you can at least try to get into that so 143 I just wait right now that's all I can say I wouldn't be shorter when you go long I just wait next question is where did it go I had to the position oh Ron says cheers Basil hi I wanted your take on Ryce why I got in at $1.50 and it's had a good run I'm looking to putting in a stop at 250 how much further do you think now this could run and should I add to the position so I did this yes it was yesterday or the day before so this is our why c e f is the one that I'm looking at you're looking at the why oh gee I've done the work on the on the f or why c e y yes I thought they looked the same I kind of I think maybe one is a trading vehicle and the other isn't I'm surprised over all the years every time I've mentioned this no one has said that they've owned it and I'm used to use it because it's Rolls Royce but remember Rolls Royce is really the Rolls Royce engines Rolls Royce itself is that I think it's owned by BMW but Rolls Royce itself make cars unbelievable we had I was sent by one of my subscribers a picture of the Rolls Royce the two-seater convertible it just it's really this is the first time they're really good looking I've never liked them the Bentley's look way better but anyway and they've changed the grill the grill always upset me that straight up rule it was it was kind of a kind of a loose setting way back in the 20s 30s 40s 50s even the 60s but it just got outdated so yeah this is a leg D so you're in oh I have to go back now RYCEY it's straight this oh this one is trading I just typed in the wrong at 342 and I think it's the same price but I must check RYC I want to go apples apples why am I timed oh I did the same thing again RYCEY okay this one's at 337 so the question is I would not add right now um if you're thinking of adding and if you're going to put a stop at 250 or absolutely I'd even say a stop but I'd split that I'd have your 250 I'd also have part of that position at 268 or maybe 272 why because if it comes that far down it's going to go a lot lower so that's number one number two is I wouldn't add to it but if you ask me the question I'm going to say to you why not take a little bit off and try to put that little bit back and you'd have a nice percentage gain if you take that off and you put it back in the middle of the gap and it's oh trades overseas so the gap doesn't mean the same as it does if it's a say in American stock trading on the American market during regular hours so 312 probably being a little more aggressive I know less aggressive and I'd say give me a yell if you see it at 312 and we'll do some analysis see the 314 is the 200 period moving average uh magnet line it's gone above that I think it'll be pulling back and it could stick around this magnet line for a little while so that's my if you want my recommendation take a little bit off and that's the little bit you'll put back on a sharp pullback but it has to go below the 28th low of 3.21 so I would prefer down into the three teams so let's leave it at that I hope that helps you um and that's where I would add that back and I would even say if everything works out with the general market pulling back and then we're getting close to another trigger for the buy mode to the upside extension that's where I it's participating exactly with the Dow look it made it slow actually it made it slow more than 23rd of October it anticipated remember I put this together the other day with race which is the Ferrari which is pulling back from a peak D you remember this is how these peak D's work sometimes Chapman instant restart goes to a second buy mode another peak D so um yeah so that's what I'm saying there now a couple of questions that I need to get to right now so a question came in CCJ could I look at the uranium stocks so CCJ did that peak G slash C and it's almost like it's gone C1 C2 it's still got a little strength and it looks to me like it really wants to just nick the 46th level it's trading at 44 89 right now holding very nicely the weekly charts were holding well um URN UR uranium URNM is a uranium ETF it's pulled back much sharper and you remember I said I like our position in UEC which we in from 364 and here it is at 637 and it's got that peak F and look the nine is holding well above the 14 the MACD's just slipped a little negative stochastic still at 80 percent this is my favorite out of all of them because 660 the left side have April of 2022 that's kind of my target and then we have to reassess what happens if it double tops there so yeah the CCJ is still acting well and I do think there's enough strength to try a little higher and I'm thinking that this is the surprise in our portfolios every year we have something that is kind of a low low price stock and it just keeps going and going and going I don't know if this is one of those but the nine on the 14 in the weekly chart look it hasn't shown a single hint of turning down so price has to do that before it can turn down so so far I'm kind of impressed I'm not impressed that we didn't add to our position on the little bits we've taken off but hey I like this action very much so yes I think it's going high next question was I wrote it down could I do the seven I can't do them all right now so let's just go to our long that we've got Microsoft from 338 it hit 384.30 yesterday and then pull back quite sharply actually and it's down today and this is to me a hint that the general market could be having a little bit of a pullback here because this has been the leader in the Dow now of course you've got CRM which has taken over the leadership role I think CRM is going to give back a huge chunk of this big gain that it's had today from the 252 high it's already a 244 I think a 240 area 241 to 238 is going to be the big test cannot hold the game so far it's legacy in the monthly that's a big deal other question came in with Apple Apple is digesting gains went to a pdf of 192.93 um it's down just a little bit but here again it's just a slow digestive phase and that's it I'll be back in a moment on SMH's full yeah SMH is a start to store that's another clue to me that this getting a little toppy here that's why we started a short position in one of the indices the reality is that navigating financial markets can be risky markets can be chaotic and difficult to understand having the latest market advice can help you turn this chaos into a key for creating winning trades at tfnn we understand that it can be hard to find reliable market news that's why each of our market experts offers their very own market newsletter a must have tool for every trader out there striving to find an edge in today's markets tfnn newsletters cover every aspect of the markets so you can analyze the market before you trade try any of our great newsletters risk-free with our 30-day money back guarantee just visit the newsletters tab on the front 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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 oh my i just saw and i had this is the first thing i was going to talk about and i just kind of overlooked it vgz question is vgvgz i'm holding this as an option and that's the only way i would play vgz it's just been horrible vgz is a vista gold corporation i mean this has gone to the 200 period moving average back in april weekly chart in the points 70s and it just continued down to the point 30 area and now it's had a really good move to the point 40 and it's trading at this point at point 38 yes that's the only way i would treat this one the other goal so it's completely separate on any big dips i'd be looking at them wanting to buy if you haven't gone in already most importantly vgz is just if it acts this bad there's just something not quite right and a big move up maybe things are repaired so just treat it as an option there's no other way i would do it i can't even give you support resistance levels i can just say that if it can close over point four eight at any point in the next three days that would be the first really good sign that i'm seeing a follow through the upside next question was what about the what about the e-mini you spoke about the two click session yeah so i just look at the this one minute chart look how it got hit the 200 period moving and got repelled every single time so click two click session is and i'll talk about it more tomorrow is if early in the morning it could be after there could be 6 30 in the morning it could be after the 8 30 news if you can go long or short thinking you know i'm going to go along here i'll put in a stop you're going to work out what your stop is and if it's soon as it starts to work you raise your stop to a break even trade and if you have more than one position that's great if you got one that's fine and what happens is if you've identified it correctly and i can tell you about six to seven sessions a month have been single uh just two click trades either you get the low you get the high mostly the lows and it just goes all the way until mid-afternoon or even the close and then you close it out you just don't even look at it did you put in your stop and then it do so the short would have been up at the four i mean if you would have got it before i was in the 40 46 day one of the positions but and you could just hold it and keep lowering your stop if you've got more than one and you let it and you just don't worry about until the end of the day and that's