 The following is a presentation of TFNN The power trading hour with your host David white Call now toll free at 1-877-927-6648 or internationally at 727-873-7618 now David white And welcome all to another excellent addition of the power trading hour. It doesn't matter where you're at What you're doing? What position you are at you could be standing on your head as long as you're here at this time The following takes place between 2 p.m. And 3 p.m. So what do we have going on today? Well, we got a good question already we'll get into stuff and Nancy wants to know is there is some kind of secret handshake that causes the Market to trigger a sell-off within a revel relatively short time frame such as the one that took place around noon east combed a east Coast time today some kind of secret signal maybe Maybe the drums like all the African movies had the drums telling everybody what to do and then of course If you're but Jimmy Buffett fan, they had to coconut Telegraph where people would tap on those but No, there isn't My understanding is That at least the one today That seems to be getting repaired Had to do with a rumor that I will not repeat That is not true But of course everybody's still wondering why it all happened, but we had a bunch of people instantly sell Handful of very concentrated big guys on Wall Street Thinking that they had something but not a whole lot there off of 23 on the S&P cash as we speak Dows up 85 the Nasdaq's off 190 and of course Yeah, it could have been a bear raid. Maybe they thought they knew something that they didn't know I'm gonna say that the rumor I heard was rather salacious and And Yeah, just about as much as every fake news story that we've heard for the last three or four or five years That after a number of times you just say you know these people are not telling the truth But you know people on Wall Street. They're they're very good at clicking that mouse And letting the dust settle and then coming back later But now I don't think as much is going on here We did test on almost no volume, and I'm gonna say light volume a lot of previous lows As Steve Rhodes said in the previous hour, so there's not a lot to add into that I'm really kind of looking forward because I don't think much has actually happened today That's gonna change much, but let's get into the sit rep. We've got Tim Ward on today, so we need to make sure and Be ready if you want to give him a call eight seven seven nine two seven six six four eight He's got a handful of charts already sent to him But we'll see about that Okay anyway Big winner today, of course is a Taiwan semiconductor Up and seven percent I think it was up eleven or twelve percent earlier in the day When I was watching it very interesting to watch how this closes over the next couple of days the reason why is The people that are big fans of value stocks Dislike with a passion when these big companies start spending cash One of the reasons Intel got itself into the problem It got into was that no one wanted them to see spending any money to remain Competitive with Taiwan semi and slowly they fell behind and Generally the the people on Wall Street don't really care They'll just sell the stock when you've actually run out of gas As Intel did for a number of years and then you have to go back and start all back over But anyway, keep an eye on that because generally I can't remember a big running stock that at least didn't see a fairly Let's call it a minor to medium setback When the value crowd takes a leap and they tend to leap when you start spending money Because that means that that's not going to be money You're showing you're making next year and they can't jack the price up even further Great company are going to be spending 40 billion dollars billion with a B on CapEx over the next year and of course Amat some of those other ones to me. That's the safer bet Because I guess what it's not about CapEx for amat It's going to be about all that money Which about half of it is going to be from Taiwan semi if they're going to spend 40 billion because amat is the man On the chip circuit when you have to build stuff Anyway, that's kind of interesting KBH had a nice pop it had four days to cover It's up 16% I kind of figured that when it started off this morning There were a lot more shorts to squeeze As I said in the newsletter generally your short does several days Are actually a factor of three the three hours three days three weeks or three months early on shorting something I think you're a lot of the people who got short KBH are about three weeks early When that first rate hike happens in February, I think it'll be a different story Earnings tomorrow with a JP Morgan black rock Wells Fargo and city group We are closed Monday And I think a lot of people after the big rally up had decided that they were going to cash out today Before we get into three days also options One of the reasons why I sold my micron stock my options yesterday before the Taiwan semi Earnings, which we're probably going to be at least okay Was that we're going to see options premiums really decay Because instead of the normal two days you're going to get one more extra day because we are closed on Monday as we said But watch that very closely, I think that a lot of stuff may move later in the day But they're going to wait until they create almost always happens just like just like Look at it you watch you just know They'll wait until the premiums fade They'll they'll run the people out and then the their reversal will happen throughout the later part of the day But if you're thinking about getting options just remember that they're going to decay all the way into Friday and then they're probably going to open up Significantly at least for the premium part significantly lower on Tuesday if nothing happens, so this is a tough time to hold Options I've got one that I have that I started off with that the options were Literally, I think I paid 10 or 20 cents a premium for a week or nine days or something So I'm kind of sitting pretty with that there's not much that they can do with the premiums So that's it when we come back on Tuesday. We got Goldman Sachs JB Hunt and We'll find out a little bit about Interactive brokers, maybe they'll let us know a little bit Wednesday We've got Bank of America ASML, which I think someone was talking to Steve about before Morgan Stanley United Health Proctor and Gamble Fast and All United Airlines American Airlines Thursday got a LKBH Netflix intuitive surgical CSX So starting to get into the meat of earnings next week we go back with Timblewood Are you grinding in the market but seeing little to no return or are you a successful trader? 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You were born to be tfnn educating investors Toll free at 1-877-927-6648 internationally at 727-873-7618 Turn we've got Tim or on the line Tim or it has been writing a newsletter for over 30 years Won many awards for timer of the year in many different disciplines from the medals to the indexes written in his book the the softs secret of price and volume that's available on Amazon and Yeah, always a pleasure to have you on the line Tim Thank you for having me on again I think so the charts over yesterday. I hope you got them. Yep Yeah, because I was actually I had appointment today I didn't really have time to so anyhow I got him done yesterday, but it really shouldn't make any difference one day in these charts, but You know We could take a look at this doc you sign Stock first somebody requested what they thought about it. Mm-hmm. Do you want you want to do that one first? I've got it up all right anyhow back in 2020 it looks like probably August September. I got a little note there. It says buying climax And that's when the market really shot up shot up over 280 and I came back down But the volume exploded you know I ball in it, you know, it's probably about 50% higher than the previous days around it And normally that kind of just stops the market that much energy in that short period of time Really puts a halt in the market That's what happened there. He had a buying climax and market flip sideways Oh, you know for the next, uh, you know six seven eight months didn't really do anything then Then uh, looks like about probably June of 2021 went back up again and tested that high of uh Of August of 2020 and if you notice volume was not even half and so That was kind of a warning sign normally when you break previous highs No matters on a daily weekly or monthly chart this chart's a monthly chart and you should at least break those previous highs on on Equal volume at least uh prefer a little bit higher and that's not what happened here. So that was kind of a warning sign That the market is having a hard time going forward What kind of turned everything bearish here? I got the bowlinger bands there and as long as The monthly bowlinger mid bowlinger bands going up I can start the stock in an uptrend when it closes below the mid bowlinger band Usually that's a warning sign that the market may be peaking Well, I went below the mid bowlinger band and also went below the previous lows of Eyeball and it looks like about 180 there those lows back in 2020 and to an early 2021 around the 180 there blew through those lows Actually, you had a sign of strength at the same time you also Find for a sign of weakness rather And those sign of weakness Is also a kind of selling climax So that will really stop as you climb And uh and now at this month January we're testing the previous lows of that monthly chart Or that monthly bar in december and we're probably most likely we'll test their lighter volume The market's going to attempt to rally Um, what I think is probably we'll head back up to 180 area And probably stop And then now you're below the bowlinger band the bowlinger bands Um, you know are kind of turning down now So I'd have to say this stock is because of december Breaking below previous support and breaking below the mid bowlinger band on the monthly time frame This stock now is in a downtrend. It may get rally back to 180 maybe 190 But that's probably about it So until we get back above the mid bowlinger band, which is a long ways up around 220 You know this This stock is in my opinion in a bearish mode now So That's how I read that stock. Well, it's certainly bearish today. It's off another four or five percent. So Yeah, only only 20 days before it's free If you if you want to look at it that way um So, uh, but I still think we'll bounce here just because of the selling climax we had in december You know, it's uh the exhaustion to the downsides, you know is is Well, it's kind of exhaustion. This is exactly what it means. So it'll tempt to try to go up here, but This is the risk is not worth the investment. So That uh, we can move on if you want to let you want to talk some more about it. No, it's good Okay, um, I got two two other charts Uh, kind of people wanted to look at View of the bigger trend And I got two different charts and kind of two different methods And actually both are kind of saying the same thing and it could pull up the bullish percent index for the nyse I've got it All right, uh, this chart goes back to like 2001 and bullish percent index uh For the nyse what the bullish percent index does it measures the percentage of stocks that are there are on point and figure buy signals So the reading right now I got circled in red there is 56.81 in other words 56.81 percent of the stocks in the nyse They're on point and figure buy signal Well, it turns out That's uh, when you get below 60 percent where I got a or a 65 percent I got a red line drawn Lots across there on the bullish percent index And that's kind of a danger sign if you get below that and I got little circles and blue there at that 65 and um, and a lot of times those picked out significant highs, uh, if you go back and look at 2002 it Never got above 65 percent of the stocks above nyse gave on bicycles. That was kind of top in 2007 there, uh They look like it didn't even get above 60 percent stocks above this uh by the bullish percent index And in 2015, you know, I peaked out about 65 And they had another high in 2018. It didn't even get back to 65 percent And right now even though we're we're pretty much not far from all-time highs here on the nyse or on the spx the Holy percent index says that 56 percent So this is a you know, it's market's market weakens before it finally tops and normally when you get You know the 65 percent of the stocks and um Or below that are Or not in other words 45 percent of the stocks or below or higher On point figure sales signals that you got a kind of a big drag on the market And if you notice also if you look at the monthly spx chart You're way above the mid bologna band that mid bologna band is like a magnet You get too far above it you go back down to it if you get far too far below it You'll come back up to it and that's a long ways down from here. You know, we're at 40 700 area On the spx that mid bologna band is at 4000 so At some point, I don't know when but you're probably going to get sucked down to that mid bologna band at some point so Okay, I hear the music Yeah, if you want to uh look at uh bowing ba during the break and we'll talk about it All right You having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with Become an apex predator in the trading markets and join the tiger's den trading room only at tfnn.com The tiger's den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas Join the den and surround yourself with the sharpest minds in the trading world Subscribers to the tigers den are also the first to have their questions answered live on air And can privately chat with our tfnn hosts live during their shows Interact with other tigers and tigers as they share trading ideas news analysis and discuss the market action all trading day Subscribe to the tigers den risk-free with our 30-day money back guarantee and become part of the tfnn trading community tfnn educating investors You could be making money off the stock market and if you're already making money off the stock market You could be making a lot more Check out tfnn and tiger tv and get expert investing advice to give you the power to control your financial future Go to tfnn.com and find the newsletter for you Whether you're into trading gold metals futures currencies or options You'll get advice and analysis to help you seriously get ahead tfnn also features trading services with a 30-day money back guarantee for new subscribers As well as tfnn's tiger den trading room trading software and educational webinars for all trading levels And make sure you check out tiger tv for free on tfnn.com or tfnn's youtube channel for live financial content From 8 30 a.m. To 4 p.m. Eastern on market days Stop watching on the sidelines while other people get rich and become the investor. 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 guardleaf 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 dollars 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 As we return We have our guest that's import on we're going to talk about bowing in just a second I'd like to say if it's bowing or i'm not going when it's talking about I know a lot of people are his fans air air bus fanboys, but not me Uh, of course the pilots like it because the cockpit is bigger than the bowings But uh, anyway, um What i was going to bring up Oh On three-day weekends, we've talked about this in the past maybe a year ago We got one coming up this weekend Um, you kind of early on in the 2000s talked about how three-day weekends can be major turning points Mostly because people get a day off to go back and rethink Our extra day off where they go out and visit their friends and family Uh Mostly you thought about it at least early on back then as the big three-day weekends of the summer But uh, does uh, does that kind of exclude this one or does it include one like uh, monday when we're closed Well a lot of times I I know it's kind of like holidays, you know things change over time. I think when everybody gets Uh committed to Some indicator normal meal quit working But in the past if you're rallying into a holiday a lot of times the volume will drop out That holiday will turn into some sort of a high You ever notice july 4th? Uh time frames what you know, it's not exactly it's on the 4th But usually around the july 4th holidays either uh going into some sort of a high or going into some sort of a low Uh, this one we got coming up was president's day or something Um, we got or martin luther king. Maybe we got what it was anyhow Uh, if you go into a holiday usually people take off, you know traders take off early and a lot of times the volume Uh black so if you're going uh, mark is going up into a holiday And volume starts to drop off. That'd be a very sign You know, you don't make excuses for volume volume. You take it as verbatim Um, but you know if the market rally here into this coming friday to me, that would be a kind of bearish sign Because you know assuming volume will drop off. Are you still there? Yeah, can you hear me? Can you hear me? Hello? Are you hear me? I I I've lost about the last 30 seconds of you, but I've got you now. Can you? Okay. Yeah, all right. Well anyhow, um You can hear all right. Well anyhow volume a lot of times raw holidays drop off Because traders take off early for that holiday And if the market's rallying up into a holiday period a lot of times the volume will drop off That's kind of a bearish sign to its market energy to the upside decreasing so it could represent the top same If the market's going down into a holiday volume a lot of times will drop off and that'd be a bullish sign So if the market holds up into friday here Um, and we they're pretty much at this level a little bit higher To me that would beginning of expiration week which the next week would be kind of a bearish sign Um, actually I'm actually short right now. I got a short couple of days ago Just for other reasons but If we get hit here over the next couple of days Um, and the volume's not you know, I'll cover that I'll cover that short but You know historically though going around holidays Rallying into a holiday the volume lightens up that's bearish if you're going down into a holiday Volume dries up. Uh, that's bullish. So that's why I said years ago and and and it still kind of plays out um You know far as volume's concerned so um I know okay Anyway, we're looking at a chart of Boeing okay, um You know the chart's kind of goofy here, you know, obviously you look back at 2019 high. It looks like a head and shoulders bottom And it worked out to be the case you know, basically in late 2019 you you started closing below the Mid Bollinger band that kind of give you confirmation that's mark was going to go down and it did and you got um what Really went down in a hurry and kind of got a Some volume spikes down there kind of off of the market to the downside um Now you're above the mid Bollinger band, but the mid Bollinger band is still trending down so and you got the Bollinger bands on the month. This is a monthly chart. It's starting to squeeze here, too I mean they've kind of come together because Boeing You know over the last 12 months here really hasn't done a lot. I mean it's worked itself down a little bit but Movement really hasn't done a lot You know, I hadn't really gone up. It's gone down a little bit, but not much the last 12 months um I don't know. I wouldn't I wouldn't be long or short just just Following here just because it's not really giving a lot of clues what it's going to do next. So um You know my answer to this Chart would be neutral. Um, I mean it could probably do go anywhere the rally Uh from the 2020 even though it started off kind of good Uh, the volume didn't really stay with it as it went up And then when it went down the volume kind of just stayed lackluster Uh Okay, so why don't we take a look at or get started on this summation index chart you sent me All right summation index, all right Things can uh, I always put down trouble can happen when the summation index falls below zero And this chart goes back to uh 2014 and The top chart there is it NYSE summation index and I got a red line drawn at zero there and Uh, then I got blue, uh Vertical lines showing when the drop below zero And uh, and right now we're we're as this was yesterday a couple of days ago. We closed at plus 35 So that's not real decisive that We're really climbing above zero here, but it's in a danger zone And what you know, we did kind of is look at the bottom window the bottom window is the nyse mccallan osquator When it gets below minus about 250 is kind of selling climax And I marked those with the red circles Then uh coming out of those selling climaxes you want to call an oscar you get about 200 to show minus strength Well, we did get the selling climax But we really haven't got the sell of the the sign of strength off that low And if we don't that would become a very sign. So I'm thinking we're we're kind of making a peak in here Uh, unless we get a sign of strength pushing this market higher We may be topping out right around this range in here And that kind of goes along with the bullish percent index On the chart I showed earlier On the nyse, you know, we're at 56 anything below 65 percent stocks are it's kind of a danger zone. So this uh nyse summation index hanging around zero Is another kind of a bearish sign, you know two different methods kind of saying the same thing so I'm not real bullish here, but uh Um short term it kind of varies but it still needs another week or two to really Clear the picture if this is a sniffing top or not Okay, why don't you let's take a look at nvidia nvda during the break and uh, we'll be back nv what d a v a nv d a nv n 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 cashflow 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 call tiger real estate llc today at seven two seven 329 83 22 or email us at tiger at tfnn.com. That's seven two seven three two nine 83 22 call us today The technology around us is changing every day with so much happening. 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If you trade china a shares now may be time to take a closer look trade chAU or chAD Directions daily csi 300 china a share bull and bear etf's china a shares in either direction Visit direction investments.com today an investor should consider the investment objectives risks 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 then hit watch tiger tv And as we turn with tim ord the author of the ord oracle You can reach him at ord dash oracle dot com. Of course, uh a noted author available on amazon the secret science of price and volume And we are back Messed up the uh ticker a little bit there. So we won't bother with that one uh right now Did want to talk to you a bit about gold And uh What we've got going on here now, which is uh looks like Finally hold in 1800 and looks a little bit better than it did over the last few weeks ago Any thoughts on it? Yeah, there's uh Um, there's a head and shoulders bottom Um, we knew we were going to talk about it. I would have sent a chart over but there's a head and shoulders bottom Uh, that's part of a right shoulder of a gigantic head and shoulders bottom that goes back to 2011 And the right shoulder head and shoulders bottom has a neckline at 1850 So we're kind of not backing away from it. We'll get up to 1824 or 1825 here the other day Kind of backed away, but you should see a sign of strength through 1850 and it'll probably come news you know Some conflict somewhere in the world so that could be china or russia probably and uh, it'll be um, but yeah 1850 is an important number And uh, I don't know when that 1850 is going to be broke, but that's the neckline And it will see a sign of strength through it And uh, so I'm thinking there's going to be some conflict in the world probably within the next 30 days or less and uh, to really confirm that that pattern That that head and shoulders pattern dates back to august of 2020 That's where the head and shoulders pattern began. So we kind of look at and draw the the Neckline at those highs down. You'll see it comes in rather around 1850 So, uh, I'm thinking we are going to break through it. I just don't know when but I think it's going to be Not a year from now. You know, I think it's probably going to happen in the next 30 days I got some other stuff on a shorter term basis that Are on the buy signal Even though not a lot of price action has happened. I do got some bullish divergence and a few different indicators So I'm thinking something's probably going to happen within the next 30 days, so But the thing I was looking at was the g in the gld Which is one way that everybody can look at it Is when I'm looking at the monthly and going back it looks back the high on august 31st Last year in 2020 kind of set the high, but if you've got a trend line moving up That goes back to October of 2018 We're kind of now at least back into what I'm going to call it February of 2021 Kind of a big triangle setting up here when I'm looking at the monthly and it looks like we've made it to the apex Which is one of the reasons I've gotten kind of excited about it now It looks like maybe all the consolidation and hoopla is over of that retest of the previous high up to 194 but What are you looking at any of that stuff or? Well, I'm looking at for you looking at the daily or No, I'm looking at a month. I'm looking at a monthly going back to the august 30 for a 31st high right And You call them at a triangle Well, if you look at the uh march 31st low Right, I see a triangle over about I don't know 12 15 months or something whatever that is And now it certainly looks like an apex to me, right? Yeah, you're back And here you again, you hear me? Yeah, I can hear you Oh, yeah, kind of you're going in and out, but anyhow You see I got I see that too, but if you go back to august 2020 high And you connect those highs You'll see that that marked low of 2021 Or uh, yeah marked slow. That's what's ahead of a head and shoulders bottom Right, you can see that So then you've got the triangle pattern going on here to pushing out the apex A lot of times those first Excuse me the first moves out of those apex A lot of times those first moves are the opposite way the market really breaks, but So you might have a gyration before these big You ever notice these great big moves when they start They kind of like knock everybody out they knock the longs you knock the shorts out So I'm thinking there could be a gyration before this moves to the upside really begins So kind of a slap in the face before the rally begins and I don't know that's going to happen here, but um, yeah, it is time to get kind of excited and Uh, the apex that triangle, you know, I think the the market's going to make its mind up here and pretty short order you know could be You know days away or weeks away, but it's not months away So don't know when that break's going to come but it's going to come fairly soon. So And so yeah, I'm kind of excited here too because once that break starts And that right shoulder head and shoulders bottom is going Then you've then you got a bigger head and shoulders bottom being back 2011 um That you can look forward to too. So the the rally could be very big impulse rally Well, we've got about we've got about two minutes left. I've got a question About what your downside target is on the s and p 500 if you're short Uh, do you have anything there on this? Yeah, on my trade right now is how i'm telling my customers. I think we're probably on the spx go back to 4500 So I think you're probably finding support there um So I I don't think Usually markets we can first you really don't get big declines. So you at least get a five percent decline And we kind of had one back in uh that september high to the october low So I think Here, you know, the short one may play out to up you find support basically at the early december low Which is around 4500 if we get panic there in the ticks and trend and vix Then I'll probably be a worthwhile bottom there and we may rally back up to where we are right now again So I'm thinking down and probably back up again and the whole thing Could develop into where that december high of uh Or that'd be last year, you know, just a month ago Could be ahead and we're screwing around with a right shoulder pattern going on Which may take another couple of months to form Yes, that may change but that's kind of what may unfold in the coming weeks. So This the short that i'm on right now I think most likely we'll get down to the december low and most likely we'll probably have panic And mark is always bottom on panics if you don't have panic, you don't have a bottom But does panic does form in that 4500 area probably cover the short and the panic's strong enough i could possibly end up with a bison over there Okay, so I think the whole thing's kind of topping pattern here Anyway, we'll be uh, we'll see you in a couple of weeks tim, uh, tim right Uh at the or dash oracle dot com want to thank you for being back on again And uh, we'll see you in a couple weeks All right, thank you Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com And tfnn's youtube channel with tiger tv live every market day from 8 30 a.m. To 4 p.m. Eastern for free Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts to help You make the right moves with your money Watch online at tfnn.com or on tfnn's youtube channel and become the investor you were born to be 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's 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.com The opening call newsletter is written by basal 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 basal chapman and 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.com educating investors Are you looking for a secured investment which pays you on a monthly basis the target first mortgage program Maybe the program for you the best rate on a five-year cd in the country right now According to bank rate.com is paying one percent per year or one thousand dollars per 100 thousand dollars invested The target first mortgage program pays seven percent per year paid monthly on secured high value Buildable properties in st. 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That's 877-518-9190 catch toml bryan professional trader and educator founder of tfnn also a special guest on cnbc Tom will bisect and dissect the markets the toml bryan show next on tfnn As we return A voice christmas past reg Glad to see you again out here and uh Big trader for a long time uh Gold question about this triangle pattern setting up and really for the most part It's just lower highs and higher lows coming out But I really like this pattern like as tim said earlier This is when the the market eventually has to make a Decision of whether or not it's going higher or lower And like I said, I kind of thought that gold looked as good as it has in several years Over the last couple of days, but we shall see Uh other things going on here. Did I get uh I accidentally closed that Maybe I I did uh I don't know what's going on here Having a weird things happening But uh, let's see there we go Anyway, uh, we're off, uh, 36 points on the s and p cash And uh, 250 on the nasdaq, but I I think that's just continuing on We had some rumors out around too I think a lot of people are still scratching their head about what happened and where it came from But uh, we shall see going into a three-day weekend I think a lot of people have decided today to just cash your chips in Uh, I haven't seen uh, I watched about five minutes of CNBC today to see that these guys are incredibly bearish at the moment And that generally means that they're probably a little bit early Um as most people are when they're getting short But uh, yeah, not a lot going on. I think tomorrow will be a light volume day Uh going into the three-day weekend when we come back Tuesday, I think we're probably gonna have A much better idea options, uh, really don't show a whole lot here in kind of just in this Kind of messy trading range, but uh, we'll see how the uh, how Friday goes Not a lot just yet at least See you tomorrow same bat channel same bat time remember to sell when you can not when you have to