 The following is a presentation of TFNN The Tiger Technician Hour with your host Basil Chapman call now toll-free at 1-877-927-6648 Hi everyone Basil Chapman here on this December day This is Tuesday 21st of December and we're looking at the Dow up 298 points and 35,231 that sounds like a lot, but look at that smash from the 36,189 level to 34,715 yesterday That was just three days that that's that was quite a beating and it's the H pattern the low-case H pattern So this is a nice balance. I suspect that this is about was what I'm thinking a Number of people I've been hearing over the last I'd say week or so We're talking about the 20th a full moon. Is that a full moon? I'm not sure but they're talking about the 20th There's being a potential reversal day to the upside um I I suspect that a lot of people were just itching to get back in and my thinking last night was twofold one is That the stocks that normally I would love to grab the ones that have just been beaten down mercilessly unmercifully I should say And plunged 25 35 percent or even more They the ones that people are going to gravitate to immediately and if those give everything up by the end of the day These people are going to be really disappointed and just kind of They're ready to kind of give up and throw everything out If what happens is that you get this gap to the upside Then you get an intraday bout of weakness doesn't have to go negative just a bout of weakness for those particular stocks Not in general, but it is specifically those stocks And that goes to the qqq. Look at this the qqq Red candle at the low of the day after the gap up at 384.05 Spiced at 384 93 And is now 381 84 almost at the low of the day Um, that's going to be very disappointing That's why I've been saying bs selective as possible when I said to subscribers is that um How the money gravitates towards the oversold stocks and how The prices hold at the end of the day. It's going to be really telling so what we did we did some buying and um More trading buying and and we did buy one very low price stock single digit stock I'm giving you a little bit of room Um And I wanted it to be it acted so well in the last couple of days and then I said it wasn't well Maybe it's acted well as the markets pull back But if the market has a big rally Maybe it'll pull back and that'll be a bit of a test To see how it acts. I like this stock. We've had it before We've cheated as a screamer. It had a quick 3% gain the day that we got it We took some profits at a certain point and then we raised the stop So we took a little bit of a loss on the stop But the the big gain really made up for everything And in this particular instance, I'm looking at it slightly differently. I think it's starting to improve On a technical basis. So I'm being very very selective and as I go through this I'll discuss things. Look the Dow Is such a mix. It's a dowel 30. It ain't no more industrials. It is the dowel 30 Um You've got maybe a handful of if that industrials So the action today where it filled the gap of yesterday's big gap down and really an ugly ugly day But it did make a chapter of roman candle on the downside I like to see these things when they're right up at the top In fact, the reason why I was happy that we had initially shorted Right on the day of the high of the 8th of november Uh In the dowel was because the following it had a doji candle then the following day it had a look was a tiny one It was a chaplain wave roman candle. What's a roman candle is where the price opens Had just a fraction. There's a slight little wick just enough to be able to light the candle And then it plunges to the downside, but then it closes halfway to three quarters off the bottom So you've got a long wick big body, but it's a red candle If it closed above that That would be a that would be very good action But at any point if it breaks halfway into the wick of that candle That's a negative That's exactly what happened because that third the second session and third session after the doji candle Time doji candle three six thousand five sixty five all time high on the eighth of november Um, so three red candles and then I pop up to a single egg a And a failure pattern in the dreaded h lowercase h. That's what it looks like Just for those of you always have new people here. Let me just do this What we're looking at is this particular pattern. I believe strongly that there are really three major Um, diagrammatic patterns. One is a straight line that goes up or down two is a cup formation three is an arch formation And you can mix one or two or one and three in this case one and three red Because it's straight lined down If it makes an arch fails at a peak a or a b And then takes out the left side so you can go down quite sharply And look exactly what happened right here. Certainly you went down very sharply And we're all the way down to 34 000 and 22 to the watt to the 200 period exponential moving average Then you had a whopper of a rally 36 189 2000 over 2000 points And then it comes back sharply to yesterday's 34 1715 and ready's back and now you can see there's an arch formation. There's a chaplain wave inside track repellent zone I'm suspecting. We actually are along the dow. Well, we're along the core position that we're still holding All the way from april of last year At about 21 000 And we've traded in and out with the dog one to one short of the diamonds one to one long We've even had uh, you the u d o w or the s d o w but At this particular point We we're trying to play the long side just for i called it a trade. Maybe it's a day Maybe it's two days. I'm not sure but the moving averages are 35 420 area That's going to be tough to break above in this particular environment So that's what i'm looking at. Let me just get rid of this pattern right here Okay, now the next thing is S&P Look what's happened here with the sdp. It was a better chart formation It went close within 12 points of the all-time high the 22nd of november high V shape pattern goes all the way back goes to about 12 31 And then fails and comes all the way down and stride to ready today And look what happened 500 stocks giving back the intraday higher 46 14 20 You're at 45 96 right now So the day is young anything can happen as i said I would love to see the market try to rally like it did gap up and force people in and then pull back And then when everyone's just about to give up and say, you know, I Don't like this at all Boom you get another rally and that rally is the one that's lost about until maybe thursday It could go longer I'm just saying this is the kind of rally that would first of all fool everyone and then get everybody in And then it gives up everything and that's later on I'm just looking at it that way and we'll see what happens qqq 1 2 3. There we go Um, as I said red candle source of gaps up and then pulls back. It's still up a dollar at 3 1.75 This is not the area that you already are I think The nasdaq type stocks Are the ones that are going to suffer the most they still need more of a consolidation in time IWM very nice action today at the high of the day to 16.57 This is going to be the counter-trend move. Hey, you know, I think I should have stuck The item on diamonds for a trade. We'll see what happens a good action. I'll be back in a moment I like to talk about Are you looking for a way to consistently add winning trades to your portfolio? 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It was a big red candle ugly candle yesterday A red candle where it gapped up made a little high high and now it's training at the low of the day 43 52 um Yeah, it's just this is kind of biotech is real tough because you've got to wait for news and then you have to act on the news almost immediately because um either there's something that's Newsworthy for that particular day hour or moment and you have to capitalize on it as quick as you can Or it is a very long-term situation and just incrementally You should see as you can the monthly higher highs and higher lows And then there's usually one huge big spike to the upside and that's where they Things are starting to look right, but maybe they've got now one or two final phase uh Phases that they have to go through and then you get the pull back and they're waiting for results I don't know if this is the case, but right here Um, this is a very interesting stock We have some people that traded one person in particular and the den who really does understand the company very well All I can say is wow to to to trade these um It's something completely separate to having positions and to have a position you're going to have I guess you have to wonder whether this is a biotech stock that trades in some kind of Tums or some kind of soothing stomach formula because wow they can really do do stuff So I that was just a statement. I thought I'd look at it So I had a couple of questions. Could you go over the semiconductors again? So the semiconductors we had the smh is up 4.34 at 295 85 stuck in the range for now But starting to make signs that it looks like lower lows and lower highs Just let me get to show you what i'm looking at you. Let's go alphabetically amd advanced micro devices Let's get that again advanced micro devices. There it is trading at 137 Up a dollar 21 had around had a high of 164 46 back on the 20 On the 30th of november and uh dropped to 130 that's 30 points. That's that's a big move down It's 20 then it has a big pop to the 145 ish level and then it pulls back and now it's just stuck and I suspect This is telling us that advanced micro is in a digestive phase with very limited upside And maybe at the moment it will be limited downside But my guess is that over a period of a few weeks you're going to see lower highs and probably lower lows. Let's go to a Uh I'll just do them as they come to mind Nvidia Nvidia is exactly the same chart 346 round number round number 319 low on the 22nd high of 346 47 And that's all she wrote because it's making low lows and lower highs if you look at the Uh the daily weekly and monthly charts you can see a topping pattern But at the same time it is at 279 It is just 40 uh 279 70 points from its all-time high But this is a this is a consolidation that has to be respected if you look at uh, What was it marvel marvel had a spectacular earnings report gaps up to 93.85 No gaps up to 88.49 Three days later it's on the 8th of december is at 93 85 and now it starts to do the same pattern Of kind of struggling it hasn't broken down, but definitely struggling at 85. I mean no big deal But let's face it when you draw your trend lines in like this You say hey wait a minute It needs to break out into the 88 89 area to show that it's really today's high is 87 29 It's got to go above the trend line and hold to be able to say I'm getting a new breath of fresh air To go upside instead. I think it's going to come down and maybe even after full the gap in the 75s That's a fantastic company morvel technologies looking at Uh, did I do I just didn't Nvidia didn't I I don't have them all in front of me. Let's see Well, what was the one oh MU of course last night? So there's a doji candle for MU, which is micro and tech Trading up seven at 89.05 of the fabulous earnings report 90.29 all-time high not all-time high 90.29 was the high the all-time high was 95 Is that 95 and 96? Yeah, right there uh on the In april it had 96.96 And dropped down to the 65 area That's kind of almost kind of off and then there's a big ruddy back And this is leg b in the weekly chart holding much better Of course because they had great earnings if it can hold it otherwise You can get the same pattern with the other as you saw with other biotechs Where you start to make a gap to the upside and within a day or so You start to take out the the the low bar Of the gap and you start to fill in the gap and then you're making low lows and low highs I don't know if that's going to happen. I'm watching it closely because I'm not I would not be surprised if the uh semiconductor area you start to see A pattern that suggests very strongly. I don't think we're even close to seeing a micro chip A glut But we're on the way to seeing Something that says either this production Or something's going on in other words in the semiconductor area and that's going to slow down The the chart pattern so that you see them consolidate for a little bit xlp. I was asked could I look at the xlp the xlp Yes, it's having a down day 15 says in 74 56 This does look like a peak d e or f right here not a c at the most recent all-time high But it's unusual to to break From a peak c in the chapter weight methodology On a steady basis at an all-time high In any of the time frames usually it's at least a d. So the height that was made at as 76 78 on the 16th of december We'll see if over the period of the coming weeks We start to see the markets are pulling back generally and that you get some kind of a Rally that continues in the s and b select staples spider fund That's where money goes when it's looking for some kind of safety in a in a in a Market that's very vulnerable. Oh, let's go to victor impenetrable. It's new jersey victor. How are you? Yeah, I'm gonna close it. Yeah. How you doing? I'm looking for um tlp r I think it's a cibonacci 1741 there close enough to it This is palimptu technology software platforms Yeah So Well, one of the things one of the things i'm looking at is when stocks make this cluster formation At a low after A sharp move off the most recent highs and that i'm going to just go to this high not the Well, the doji candle have 29 29 on the 17th of september Pull back to the 200 period moving average was found fantastic support going to a buy signal buy mode To a d and hit that d at 27.20. Was it no 27.11 on the 9th of november? And then made made a low just three days ago. It made a low in the 17 0.81 area. So what i'm going to suggest here is that I don't actually see anything in palantir technology right now All I can say is that if it starts to trade actually can't just go there, but it's got a trade for a day or two Holding above 19 Dollars and 10 cents. It's an 1848 right now. I'd say it has a chance to balance Actually, hold on victor because there's something else I need to say so we'll we'll be back with victor in a moment That's up 283 sorry to give back some of the gains. We'll be back as well Are you having fun trading the markets? 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You were born to be tfnn educating investors tfnn is excited about our new software charting program the art of timing the trade charts In collaboration with tom o'Brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David white has programmed an outstanding piece of software that will complement any trader's methodology Using this first of its kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci formation setups including guardleafs abc's butterflies and much more The art of timing the trade charts is designed to help you when scouring the markets for stocks Just beginning to form the trading patterns that many investors spend days weeks or even months Searching to find and right now we're offering licenses available at only $79 a month We are so confident that you're going to love this new charting software that will even give you a 30 day Unconditional money back guarantee don't miss 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 I've always said that Dow is a 275 S&P's up to him when you think about what's happened over the last few days The 360 area is really what you want to see not 280 in the Dow But I do think that the the main thrust right now is that the Dow will hold a little bit better on the upside But the others are starting to weaken so we with uh victor in parameters new jersey and we're looking at Palantir, you know Victor the fact that it made that peak D in the chapter way methodology That's the fourth highest peak. That's where we get cautious right there just about a 27 Early early november and it's just been relentless in making lower lows and lower Highs and now it's gone sideways says this is the first time that i'm looking at it Especially if you look at the left side lower way back in may was it or june May the week the may the 14th and 1706 was the low um and the low uh Let's see 17 point 81 so it's almost done that it's almost up. So, you know, you've obviously uh, listen to I've discussed this many times But I've said over the period of the last year and a half or so There are just so many stocks that have gone right back to previous highs within pennies This is the same thing now on the way down within pennies in a big arch formation The trouble is on the way down We're talking gravity and what happens is on the way up you throw something and it has this gravitational Uh, it reaches a certain level and then it makes a zero percent change and then it reverses down What you want to see is on the way down It makes the same zero percent change and then reverses up. Unfortunately gravity is a lot stronger on the way down You've got you've got the weight that is it just hasn't been able to do very much I'm just going to say to you I'd watch it if you're looking in as a I wouldn't in any of these tech type stocks I would not get into a position that says, oh, I'm putting a lot of money in because this is going to the moon I'd rather just step I'd rather treat it as a stock that says if it goes to the next level in the 1980 20 22 area That's one step if it pulls back and then comes back again and then surpasses that level make stair step moves to the upside That's the action what I want on the upside because it's done that to the downside So at this particular point, I'm just going to say I I'd be watching it You know, I did we speak about gme the other day Um, I can't remember it was you but we were looking at it and I said this is starting to form some kind of At least a trading bottom You could look at it and if it starts to move up You could you could start a position right now and then you could add a little bit But the way it's pulling back So sharply off the each big move up You need a v shape pattern. Well, we haven't even got that yet in Palantir It hasn't even made any v shape pattern that you can speak ups PLNT What's that plnt? That's planet fitness. Oh planet fitness is held at 200 period moving average. We want pl tr Yeah, so pl tr it it hasn't been able to get that talk to the upside. Do you know what I mean? Uh, well, uh, it was victor still there. I'm not sure if victor's a victor if you're still there Maybe sometimes uh, yeah hangs up and listens. So just I'd be real careful I just I don't see anything yet And then maybe a little bit of a pop But you want a v shape pattern that says I'm going straight into from 1854 into the 1930 1950 That I'm going straight into the 20 then it says, you know what? Now you've got a rectangle formation. You've broken above the resistance You can go to the next level and that would be all the way to 21 40 I don't even see it doing that yet. So I hope that helps you So let's go through the other other aspects. I was someone who asked me about online autos Autodealers, so I thought I'd go through look this car g. This is called car gurus On the 200-period moving average had a massive move from the just about just about 39s To yesterday's low in the 31s. It's trading at 3157. I had this as a peak f I'm not making any changes here in the weekly chart called gurus. See rg up 51 cents at 3157 And the monthly chart is on leg d. I'm watching this really closely because If these it's so easy now for people to buy online automobile is online But look alternation makes a hundred and thirty three point forty eight all-time high Or was it I think well, whatever the high was back in october november and then it pulls back to 110 That's 20 points. That's that's 18 was a big percentage, right? And I don't understand why they're doing that cars cars.com ARS or the other one was an was a symbol Ortonation and now we've got cars of 51 cents and 15.58, but it's not a great pattern Look, it's this IWM pattern rectangle formation Spiles up to a D and goes right back into the rectangle cars that come online car buying So something's going on there and that says to me this is part of what we're looking at in the economy It is not all that clear rex are question about rex are Do you find support at 72 so let me just we were looking at this recently recently zip showed it to me Rexford Realty Core Inc. The monthly chart looks absolutely spectacular in a leg C It goes from the March of last year's low run about the 32 ish area 33 And spirals up to today's high of 77 50 The the the only way I can count this in the weekly chart I I suppose I could say the other ways to count it But really it seems to me I did it very carefully It got to repeat G in the weekly chart rex R as a symbol Rexford Realty And it got on the the week of the 3rd of September. It got to 63 55 It pulls back, you know 55 ish 56 not a big deal And then it has to single move up single leg all the way to today's high And I have no choice but to call that an a it looks to me like it's more an e slash a That is completing something not beginning something But I'm not going to argue with it. It's fantastic action And now you've got a very quick Strong leg a to the upside off the chap we've instant restart D goes quickly to a and then it goes Two bars rest third bar goes to be the rest for one bar goes to see see rest for two bars It goes three bars and then it goes to a little doji candle D today And that says to me it's getting a little bit tired And that there should be some kind of a pullback But it is a leader In the IY R a I bet it's in the IYR area the REITS area Although I can't say for sure. I should have checked on that but whatever happens here is Let me go back to REXR It says to me that there's a good chance that unless there's some kind of remember I drew this before And I see there's a chap we've instant restart It broke the arch formation, which is usually a very positive thing And then what happened is it continues straight up And then it's stalled with the pk and then just a minor b a little higher And then just a little higher c and then just a little higher today's d at 77 point 50 So all I'm going to say to you is If I remember correctly I see take a little bit off because it's acted so well But if you want to ask the question it means that you are a little bit nervous So just make yourself comfortable take something off and all I can say is that This is a leader It's a leader in the sector. It's doing extremely well Stocks that make all-time highs tend to stay making all-time highs for quite a while Unless the general market just drags them down and at this particular point the same cluster We were looking at on the downside with a pelleteer is exactly what you're seeing in the upside And that says, you know what I could fill in all these things. I could even have one I don't know what earnings are coming out. I can even have one sudden move down from 76 87 to the 70 And then try to fill it in so I think rectangle formation With the 70 70 support level over the next four weeks This is what's the most fantastic So Lex congratulations. I'll be back in a moment Are you in the market for buying or selling real estate in the bay area? Including the surrounding st. Petersburg tampa and clearwater markets tiger real estate LLC is a firm that has extensive experience in the tampa bay area Whether you're looking to sell your current property for maximum value Or you're in the market for a second home or investment property Tiger realty has the experience across all areas of real estate in the tampa bay area to help buyers and sellers Make the most informed decisions across all price levels from the price You should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of Creating tiger real estate can help you make the best decision when it comes to all areas of the market Before you make one of the biggest decisions of your financial future called tiger real estate LLC today at 7 27 329 83 22 or email us at tiger at tfnn.com. That's 7 27 329 83 22 call us today The technology around us is changing every day with so much happening. It can seem impossible to keep up with all the information David white's investment newsletter the technology insider is designed to give you all the information You need to understand the technology that shapes today's markets and tomorrow's future David white has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only 37 in 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30-day money back guarantee tfnn educating investors Biotech is booming, but for how long whether you think the biotech bull has room to run or has run its course trade labu or labd Directions daily s and p biotech three times bull and bear ETFs Visit direction investments.com slash biotech today an investor should consider the investment objectives risk Charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares To obtain a prospectus or summary prospectus, please contact direction shares at eight six six four seven six seven five two three The prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk Including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services LLC 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 Our boats were back so it does up just about 300 s and p is up 20 is the divergence there, but that's okay Uh, as I say we went back to long with down hundreds of diamonds I don't know how long it was gonna be but we anyway we're all along and it's just a trade That's all I think we're going to be giving out and maybe switch positions We'll see so I in the den mentioned marriott's doing well. Look marriott mar mar trading up Wait a minute. What's going on here? mar mar There you go Trading up very nicely up four percent up six 18 at 155 86 But it has been making lower lows and lower highs and then made this big arch formation This is a good move But it's gone into the chat wave inside track repellent zone if marriott over the next two days because this could be part of the The virus This could be Maybe just a hint to say that this variation is not making having quite the effect that Some people thought it would have I'm not sure about that But anyway, it's acting well, but if it starts to trade in from 155 right now By thursday if it touches a hundred and fifty eight to 160 I would have to say put it together with hyatt h is a symbol Fabulous move up 5.66 percent up 471 at 87 96 right now hyatt hotels Hyatt yep, this is the call In the day, he's gone above the trend line resistance if you go to h Hilton hlt. I believe yep hl hlt Trading right now Up 5.66 at 146.03 beta pkf in the weekly a leg e in the monthly It's got a it's got a week and a half to go try to get above that Otherwise it's going to be a peak e and it's gone above. Oh, I have to raise this See this is what I like to do. It's just treat. This is a lesson in chamois methodology I had this as a chaplain wave inside track repellent zone But there was one spike above it. I ignore that because three of them were right Exactly where you want them. So this was the outlier Now all of a sudden the outlier is so important that I can raise this inside track repellent zone to hear It has much more legitimacy and it says, you know what at 146 up 5.84 if At 146 if it is able to trade Anywhere in the 147s. There's a good chance it's going to test that higher 148 75 made on the 7th of december You go step by step and all of a sudden i'm looking remember this pattern here that I spoke about Uh, where did it go right there? Where I speak about a rally Suddenly stalls and then you start to see lower highs are much lower lows Then all of a sudden forms a base and it makes this cup formation or a v shape formation And the price suddenly takes out that Upper declining trend line. You could have a one-to-one in in time And in the degree of of amplitude the degree of angle that is Um, and that would be very important because all of a sudden if this broke decisively above into the 149s this week I'd have to say hey, wait a minute. I'm now forming. It could be a v-shaped pattern But I just like to make it easy. I grabbed this out of line. I draw that I draw that And all of a sudden I'm looking at something and what can I do? Can I draw a left side right side price time match? I could I'll do it right now. I'm using hilton as an example just I grabbed it and just purely my chance So I'm going to go to This particular canal right here. Normally I'd go to the bottom But just vision you can see we're almost there to the left side using the same number of bars down Up to the number of bars down So now what I'm going to do is say new parallel. This becomes green And look at this. It's all so easy. It's taken me what 15 20 seconds and there it is I can't I don't want to move to the right much more because I'd have to change the setting So what I am going to do is I'm going to say, you know what? Uh This suggests strongly Right, I'm going to go to usually I go to the left side the second highest off the low Truff in this case, it would be stupid to be a straight line. It's impossible. So it's a visual thing I I could program in this but then have to be so many but if this and but if that provision It's the simplest thing to look at. I just draw my line Towards the outer part of this left side right side price time That should be and it says if at any time in the next two three days Hilton hlt hilton worldwide holdings Hotels resource is able to break the strain line of 148. It's at 146 14 right now That'll be very positive both for the market And then I can change the weekly charts is a maybe that isn't if maybe that's a brand you peak a peak b peak c f So she is going to go to redeem the weekly But let's just go one step at a time It hasn't broken the strain line yet if it reverses here watch out We've seen a lot of these clusters go to a peak a or a b and then fail and come all the way back Down. So I'm just watching this and I thought that it just nice to be able to see that since someone mentioned Marriott ba ba is a Boeing that's helping the market here as well. It's up 9.85 almost 10 dollars a 1937 doesn't look great, but it is up and that's helping the Dow So a couple of things that I want to look at in the den. We had I know we had in the Citrix Wait ctr rx or ct xs ct xs is what I believe You're talking about and that is Citrix Systems a big gap up must have had a good earnings news up 10 at 95.05 peak a Big b peak c and boom has gone to leg d in a gap up, but this is what you want to see Victor if you're looking this is the v-shape turnaround You want to see in something like a Palantir you want a strong move up Especially on the weekly candle with the weekly candle finally taking out strong moving average resistance And it's this Tuesday. It has to close there by Friday. So this applies to Citrix as well Um, so there it is our next question I had was where did it go? Where did it go? Oh, no Hmm. Oh, I just uh, Martin. I I do recall periodically it comes up about the Schmeeter But I not I'm going to listen to the video you sent There's a little bit of voodoo there I but there are some things that are astounding at the coincidences. Let me listen to it in a week or so I'll I'll make some comments. I don't want to just talk out of hand, but I am intrigued. I'm always intrigued I'm intrigued that when I go back on a chart like a monthly chart Uh going back decades in the s&p I once did this. I don't know if I've still got it. Do I still have it? It would be notated very subtly somewhere No, I don't was it on the s&p? I don't have to do it again. I went through all the full moons And I I put the foot and it was it was remarkable That on the one or two occasions that the full moon actually coincided with a huge turn in the market It was a major turn in the market But if you if you go through this you'd say you said for wait a minute all the talks about you know talk about moons and stuff Um, I don't really see anything yet. There's no Real big coincidences and occasional coincidences is remarkable, but I don't see a consistency So we have it for I think it was a full moon last night We're going to see what happens over the next few days here We have so far a decent move in the Dow, but it's nothing compared to 321 It's really be a 475 to 530 right now to say hey, you remember all that stuff from yesterday It's yesterday's news. I'm today's news right now. It's still saying, you know, I'm still being influenced by yesterday I'll be back in a moment for the final segment and I'll see ID as we go to the break LC ID. 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That's 877-518-9190 This segment is brought to you by thinkorswim For more information just click the thinkorswim banner on the front page of tfnn.com For those final segments today and don't forget you got those Tiger dollars I mean if you're looking for if you're looking for a bargain in the stock market Go to tfnn front page. You'll see bargains along with the big discounts of the Tiger dollars Fabulous work there. So we're looking at 36.33 for the fxi. What about China was a question? You know, I It just broke key support It could have a bit of a bounce go a little gap up here. It's a 36.32 for the fxi. There's the big cap etf I just I always say, you know, I've got you got so many american stocks I don't know if it's why you want to go to china at this particular point. Um, I just it's it's a little hazardous That's all so I can see a little bit of a balance, but that's it. All right real quickly the vix index I didn't do that all day. I wanted to hold it for the very last moment The vix index is trading at 22.03. We had that big spike Yesterday went to 27.39 and then close at the low of the day and we followed through the low of the day However, you keep having this 200 period moving average. We got important that is it was resistance and support and now it's key support And all I can say is that if fund managers are still buying the vix Whatever instrument they used to buy the vix This is saying that it's still holding pretty high at 22 You want to see the vix start to trade under 19.50 trade and then close the day under 19 0.50 to be able to say hey Now we've got a little bit of a free reign for a balance in the mark general market Not just the dow so keep that in mind. So a couple of things we're looking at here If the dow which is up at 342 is able to hold Oh, I'd say to subscribe is over 120, but let's make it a little different if the this The dow I'd say if we can hold through noon and then go into one o'clock strong That's going to be very important and that's what we'll be looking at So if the dow is able to hold above about 250 270 Into the one o'clock time frame There's a chance that more squeezing is going to come for those people who are still short Into the closed day doesn't have to be a big thing, but if these every pullbacks get with buying I don't want to see every rally yet. We're selling at this point. It's a kind of purpose. So I want the balance