 of Traders. Sign up today and become a part of this educational community of Traders, just visit the front page of TFNN.com. The following is a presentation of TFNN. Trade what you see with Larry Pezzavento all now toll free at 1-877-927-6648 or internationally at 727-873-7618. Now Larry Pezzavento. Okay, looking good, Billy Ray feeling good you, Lewis. Sorry if I slur my speech a little bit today folks, but let's move on and talk about the NASDAQ. This is where we left it on yesterday's show. You know, as we were trading there at 2960, I believe, and what we were trying to do was to see that if it could get down to this level right here, which is 12,600, we were trading at 12,660, but we were looking at that number of 12,600 as being something very, very important. But this was extremely important folks and the old cowboy missed it. It wasn't till after the show was over that several of our really astute followers came on and said, Bubba, you done missed a good one. And boy, I certainly did. Let me show you what I did wrong here, folks. If you remember, here's what we were watching. This was the NASDAQ. I want to walk through this because to me this is important. This is one of those times where you're on the air and you should have been sparkling like a little diamond and you end up being like an old chuck of coal there in Terrode, Indiana, off of the Fairbanks mind. As you can see here, we have these lower tops and we have lower bottoms coming in here and we have the market coming down right here. I showed the 382 retracement here and I showed the others. I think I showed the other 382 retracement there and we were coming down and I said this has the potential to be pretty bullish if we could get the doggone thing down to that old magical level. We'll get that up here again just so I can walk through the process to show you what I was watching last night and we'll get this up here. You'll be able to see it. You'll see that was the number I wanted to look at. It was right at 2660. The exact 382 off the low way back here. Well, guess what happened, boys and girls? After the markets closed, I get two emails from several of our very, very advanced students and they said, Bubba, you done missed a big one. And I said, what is that? Look closely, my son. They said, look closely, my son and you shall see it'll be a ride that you will love to reveal. And here is what we have. I was a poet and I once know it. I used to rhyme every time. Okay, here is where we are. This is, look at this, folks. Look at this A, B, C, D measured to the exact low. Look at this A, B equal C, D measuring to this exact low. And what am I focused on? I'm focused on the 382 retracement, 200 points lower when we're setting here. And then we start the big rally towards the end of the day and all day today. And there we are, banging up against that 61% retracement. And we get above that line. And if we get above that line and we're going to, we're probably going to explode to the upside. If it stops here and rolls over, it's going to be very, very interesting. But right now, this is the ballgame because remember the NASDAQ led it down and it could be getting ready to lead it up. Ali Baba came out and there was something very, very exciting about that today. I don't know what it was, but it was certainly in the news and certainly moving very, very quickly. So those are numbers that are really, really spot on. Okay, before we get into some of these things, we're going to take a quick trip across the pond so that we can take a look at the markets in Europe. We're going to take a look at the footsie. Just get this up here one second. There we go. And it will be right in to be able to see the footsie. Beautiful pattern. You'll see that we came right down to the 61% retracement. Have the big move up into here. And now we're setting in an area where we're either going to be popping through or backing off. My guess is, and this is strictly a guess, just based on this nice little Fibonacci numbers that we're seeing here, that'll tell us that we're in a pretty strong upward trend because you've got the 78% retracement here. And it looks like you're getting ready to go a lot higher because you had another one right here and you came back out of that with some strength. So that tells you they're probably going higher in the German Dachs. So the next one we're going to take a look at, we're going to take the speed train over across the pond. And we're going to take a look at the German Dachs over there in Munich. Hold on one second here. And we'll get this up to take a look at it. Alrighty. And you can see here we came down perfect 61% retracement. And you can see the smaller ones in here. And then boom, away it went to the upside. It just started though. It hasn't broken out to the upside as of yet. So it's getting ready to do that. But with the action that they had yesterday, it certainly appears like it wants to go in that direction without any trouble at all. That's for sure. We've got to do the, I want to show the NASDAQ on two different ways because it's very, very important because we've been here so many times. To me, that's the key to where the market's going to be going. And I want to show the weekly of this because that's the one that's going to give us a really good indication of where we are with this thing. And I think that's the important thing to look at. Well, I think all I have on the weekly would be this one right here. And all it does is it goes back, that's close enough. This is what I want to see. You'll see here's the NASDAQ. It's pretty much up to date with about yesterday's data in there. But none of today's data has been put on yet. And you'll be able to see this that hopefully it'll come. There it is right there. You see, oh, we've got a caller from Bob in District of Columbia. What can I do for you, Bob? Yeah, hi, can you hear me? You're coming in great, my friend. Coming in great. All righty, all righty. Five by five. Yeah, net gas. The last time I called was in the 22nd last month. And I got that bottom today. Very likely we hit the bottom today. Yes, sir. I think so too. And my saturation indicator was telling me that the last time it was qualitatively, they're both the same. But last time it was quantitatively stronger. But quantity doesn't mean anything with saturation. All it has to be is saturated. And this one, I'm looking at it right now. And this one definitely looks better than a short covering rally so far, so far. I have to agree with that. I'm going to be covering that at the first break. So stay tuned because I did a lot of work on that last night in showing the difference between the April and the June. And the rollover and stuff. And we had not a big move, 20 points off the bottom. But it's still early in the day. We could still go a lot higher. But I was in there buying it last night. Remember last time I caught it was a 47 Lucas number this time. I think the other, the shorter Lucas number is 18. And I think this is plus or minus one. This is 18 from the other pivot. Well, we're going to be looking at those when we come up with the next breaks. Where are you in District of Columbia, Vancouver? Or Washington, DC? No, the District of Criminals. Oh, the District? No, you're in the northern part of Virginia. I understand. It's a great place. But you know, that's what I say the last time we talked about. As far away from Capitol Hill as I can get without getting wet. All right. Good luck on the good luck on the dance. Yes, we'll cover that. We get back from the break folks. 877-927-6648. 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Get Tom O'Brien's newsletter, Market Insights today, and try all of our products and newsletters 30 days risk-free with our money back guarantee at TFNN.com. TFNN Educating Investors. Okay folks, I posted that chart of the NASDAQ making the ABCD estuary down here at the bottom. You can see these places where the 38% retrace and come in. That's at $12,975. We're trading above that already, folks. So we had a big ABCD. Basically, that's a five day down at an ABCD, missing the 382 retracement by 200 points. It was supposed to come in at $12,600. It came in at $12,640. And now it's had a heck of a run up to you. And this tells you this thing is getting ready to break out, folks. You can take anything you want to about the banking in crisis or anything like that. Somebody out there knows something that this market wants to go higher. You don't want to stand in front of it. And that's the main thing is you just got to stand outside or get long. And last night, I was thinking more about it and I could see it. And I said, boy, you got to get along in here. And it just took off and kept running and running and running. So that's another one that you got to pay very, very close attention. That's some really positive things, folks. Let me show you what this would mean here. Because this is the daily chart of the NASDAQ. And you'll be able to see it much clearer as we get up here. You won't be able to see the interday. But there you can see here we had this little pullback here after the highs just a few days ago. And now we're getting ready to go blasting above that. Oh, my goodness. Don't know what the reason would be. But you don't want to trade what you see, not what you think. Because you start thinking about it. Then you're in big, big trouble. But these are acting extremely bullish. And you just don't want to stand in front of that. OK? Let's try to remember that. Now let's get back and we're going to talk about... Well, someone asked a question about the soybeans. OK, I got out of the soybeans too early of the July beans. I got out at 4.37. And so what I've done is I go to a smaller time favorable. The next couple of days, I just take a three or four minute chart and I try to find a pattern that would tell me that, yeah, we might be getting ready for some type of correction. And today you can see we've had a really nice three drive to a top pattern up here near the high of the day. The last time I checked, we were still below that level. But that tells us at least a small three drive to a pattern here. There might be a correction coming. And we've got this big report coming here on the 31st, the stocks and all. No, it's a planning intentions report. And that's going to be a really big one. But it's going to be... You don't want to take a position into that. What you want to do is have your order setting in there either above or below the market, especially you'd like to have it below the market so it can gap down and fill you. And then you should be able to... Because this is a major bottom in these grains, folks. And it could break easily because we're only up 56 cents from the bottom. And they could give that up in a heartbeat if the report is very, very bearish. But then again, it doesn't stay bearish for very long because they know that it takes a long time to grow a crop and a lot of things can happen in between. So those are some of the things that we're paying attention to today. Now let's go back into the history books for two reasons. One, we want to take a look at Apple because this was yesterday it was a perfect 135 pattern. It had everything going for it. And all Apple has to do, folks, is to close above that line. And that is extremely bullish for two reasons. It's breaking this long-term downtrend line. This on the weekly chart, boys and girls. This is the weekly, okay? And the low that we made here, look at this. This is just like what we did in a NASDAQ. A, B, C, D, at the 382. Now the NASDAQ missed the 382 by 200 points, which 200 out of index that is 12,600 is a very, very small amount. But in fact, it wasn't perfect. And so we have to wait and decide what to do besides that. But right now, it's acting extremely bullish on some of these things, folks. They just really are, and you don't want to stand in front of it if you're in their trading. You can sure do short-term scouts, but to try to say this is going to be a top for four or five days, be really careful with that. And that probably means today's going to be the high. I don't know that for a fact, folks. I'm just saying that you trade what you see and not what you think you're going to be far better off than if you just try to examine every little swing in the market and try to make predictions on everything. That's pretty difficult to do. Very few people can do it. I certainly can't. Now let's look at a couple markets that we've been following really closely because they are in the game as they say here. Now, as we get up to this one, we're going to start out with the crude oil, okay? And we'll remember, here's where we were in crude oil the other day. If you'll remember, we'll get this up here and we'll see this coming here. And there's where we were in the crude oil, okay? We had the beautiful ABCD here down and then we had the big move up. We had the 135 pattern and that's where we were Sunday night and then the market gapped down to get to our level right here, right into that 3-8-2 zone and that's where our order was setting and we were basically planning on using that for trading beans and other things but we made that beautiful low right down here and then we made the secondary low right here at a perfect 61% retracement just like we did in gold. So that gave us an ABCD to the upside in crude oil. So today, one of the things we did last night was send the video out and say, let's get ready. We want to put a really nice trade on in the crude oil tomorrow at the ABCD and so we get this up here and I'll show you how all this worked out and you'll see there it goes right there. We were looking for this market to go right up to here and you can see we've had a big break to the downside since that time. There's one slight probability. One slight probability. You see that 1.618 number up there at 75.53? Okay, that's where our order was setting. And what did it do? It went nine cents under that. In other words, nine ticks got to 93.43 I think or 48. Something like that. Missed it by just a heartbeat. And then of course it broke badly. Now what I was doing after the market broke badly, I said, well, watch for the 382 coming back and that's the one you want to be able to jump on board and see if you can get that one. So if you look at this and check the 382 on that, that came in at 73.48 and the high was 73.48. We're now 73.10. So sometimes these markets work pretty good to these numbers and that's what we're trying to pay attention to here today as we're looking at them. Okay, so we'll move on here and then we're going to cover another market that is in the news and it's been in the news for a long time. We're going to be a lot of charts on this. This is natural gas, folks. I want to bring this up because yesterday we were looking at the hold on one second here. Uh-oh, that's the wrong one. Just a minute. We've got to get it on the discord. Hold on. Uh-oh, okay. All right. This is it. This is what we want. This is the chart that we've been waiting for for a long time. Now you'll notice here that we had the ABCD to the upside that was the high, 10 dollars. Then the market came down and there's your first drive, there's your second drive, there's your third drive, there's your ABCD to the downside right there and you can see these are very, very harmonical. All right. So we go on into the future. We want to find out what's going to happen next and that is not an easy task unless you use a little tool called Fibonacci because the Fibonacci will bring you to the promised land. Here is, let's get this up here. Hold on. We'll be right back, 877-927-6648. If you want to take advantage of this sector, now is the time to subscribe to my gold report. The gold report is a comprehensive look at the metal sector as well as the markets that move gold which is the currency and bond markets. New subscribers get a 30-day money back guarantee so you have nothing to lose. Every Monday morning I publish the gold report with coverage of gold, silver, bonds, DXAU, HUI, GDX, as well as more than 30 different mining equities. 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Watch online at tfnn.com or on tfnn's YouTube channel and become the investor you were born to be, tfnn, educating investors. Just click the think or swim banner on the front page of tfnn.com. Okay, we're back folks, and we're watching these markets move around today. We just stocks continue to move higher. Bonds are basically flat, slightly higher today on the bonds, not doing too much, but let's take a look here at this NASDAQ. Now, what I've done here, I was watching after the markets closed last night, I was catching up with the markets and I happened to look over and the flash came up but that natural gas was trading at 201. Well, I was looking at the March contract, the May contract that was trading at $290, was that right, $220. I said, why is that different? So I realized that they were trading the April contract. So if you look at this chart that you're seeing, this is the April contract and that matches up exactly to what we were looking at on the weekly. Just put it up here so you can see it. This is what we've had here for a very long time. I've never changed anything, but you'll see that we're right down in that zone where it should get, I don't think it's going to go to zero, but it might. You'll see there's where we were. We're almost at that level. That level comes in at 202 and it went to 199. However, in the June contract, which is the May contract, which is the one you have to trade, that number comes in at 206. Let's get that one because that's what we were watching yesterday when we were on the tube here to see where we were going to be. I'm going to do it two ways so you'll be able to see it. This is the first way with a little bit more people in the mix here. You'll see there it is right there. What we're going to do now is we're going to cuddle up and go really close to it so we can see where we might be absolutely perfectly. We did have a drop or the market halted for a while. They took pictures because there was a fight on the floor. I don't know what was causing it, but it was definitely something that was serious and it was all taken care of eventually. Oh, this is not right. Let's get over here. There's what I want. Okay, here it is right here. Now, this is the hourly chart, four-hour chart, I believe. Let's try it again, Larry. It's the hourly chart. And that tells us we should get down to 12 at 206. Now, we're up at 222 right now, so it exploded off of this level right here, which was a 61% retracement. And just a minute here, I've got to tell Mr. Tucker that Mr. Tucker, I'm doing a radio show now. My boy, you want to tell hello, say hello to everybody? Well, it's 10 o'clock here. You're in Florida. Listen, I'll get back to you later, Bubba, okay? Yeah, see you later. Bye-bye. Bye. Guys, these guys from University of Chicago can't even tell time for heaven's sakes. Okay, anyway, this is what we're looking for to get here now. What I'm doing is I still think we got a chance to get to this level. Now, we did get up into here, but all we've really done so far is just jump up a little tiny ABCDs up and down. So I'm going to give it a couple of days here to see if we can get down to that 206 level with a stop below 190. I'm going to risk about 800 large on this because it's got a chance to being a really big bottom. The news is getting more and more bearish all the time. The District of Columbia, Washington area is going to disallow gas stoves eventually. That's another ideal thing to go on here. We've got so much of that stuff to use and they're going to lend it, let it just dissipate forever. So that's one of the things we certainly don't want to have happen. But this is the real key chart, folks. Let me get back up here. That covers the natural gas, by the way, but I want to bring this one up here because this is the big daddy rabbit because if this puppy is getting ready to break out to the upside, look out Gertrude because it certainly could. I thought today was so important because I thought we were going to break below that 6, 11, 12,600 level, which was that 61% retracement. We didn't even get close to it. And then the market turned around and took out the highs. That's the key level though, folks. Now you watch that 12,600 level because if we go below that now, that will be extremely bearish. And I will repeat it over and over again. That will be extremely bearish, but it's still a little early in the game to call it bearish. Now, in fact, it's nothing but bullish. As you can see by the markets that are moving the markets each day, they just keep going up and up and up and up and up and up and that's what you're looking to see here as we watch these things go through the market each day here. Okay, here's what we got to do. We got to do one other thing in here and then we'll be all done and get on with the questions that you might have. Hold on one second here. I want to get back up to that soybean thing because I wanted to show you, we've got all the way up now to the 78% level in the soybeans. You know, I don't expect to get the highs or lows all the time, but we took profits here. We bought it right here, which was really great, but the problem is we got out here. We're now trading right up here at the 78% level. But this is, I think it's got a chance to be a really big one, folks. Some of the folks just kept using a trailing stop and never even got close. In fact, the most you can back off is about eight or nine cents and then away it goes to the upside. We had a chance last night to get back in where we got out, but I said, let's just wait. We got this big crop report coming in on the 31st and that's going to be a big one. So my assumption is that the market's probably factoring it in already because we're up well over 70 cents. We took 60 of that 70 so far, but that's the way it's going and it looks like it still wants to go a great deal higher, which it certainly is. It's already up another 10, 12 cents today. So that's a really, really powerful number to pay attention to. The gold market has just been chopping around. It hasn't really done very much. So we got out of the, we got out of spot gold in the April at 1980. We bought that, if you remember, in 1940. And that was a nice move. Market is broken down below the 382 now. So we're able to keep a close eye on that as far as what we think will happen next to it. So that's going to be down the road a little bit before we do anything else in gold. Retracement that we had last night went up to the 50% level and is now trading about 10 handles, $10 an ounce under that. So same thing with the silver, had a little bit of a rally and now has started to sell off. So those are just a few of the things that we're paying attention to here today. We had a trade in the Euro that turned out to be our first loser in a couple of days, but that was, gave it a little bit more room on that than we should have ended up being a $600 loss instead of a $400 loss, but just didn't work out. So you got to go with the one work folks. There'll be another train coming down the track. It might be natural gas. It might be live cattle. It might be wheat. We don't know. We just look at these patterns, try to tell us where we are within the confines of the parameters that we have to use, which is the ABCD and the mathematical numbers of the Fibonacci summation sequence. Those are the key ones, you know, to pay close attention to. And I think I heard someone hit the winning bell here or something we might have. Mr. Z here is in the house. John, how are you, my friend? Hey, we got a break coming up, buddy. We got to pay a few bills. Can you stay with us? I'll wait with painted breath. No, that's the mint flavored as mine, but whatever you like, pal. We'll be right back with Mr. Z from Philly, 877-927-6648, and we'll be happy to answer any questions that we can. 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 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 in 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.com Educating Investors Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded tfnn over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights, today and try all of our products and newsletters 30 days risk-free with our money back guarantee at tfnn.com tfnn Educating Investors This program is brought to you by Vista Gold. Traded on NYSE American and TSX under the symbol VGZ. Folks, we're talking with John Chibney from Philly. How are you doing, my friend? Good, I hope you're doing the same. Well, I wanted to ask for your eyes on Komex Gold. Yes. With a very specific question, could you please, we've been chopping around, of course, since Monday, March 20th. So I guess that would place us in the eighth day where we've pulled back on a little bit quiet, kind of going sideways. And of course, I'm a relatively poor guesser of what's going to happen the next day or two, whether it's up, down, sideways, in or out. But let us assume this action since March 20th and the spot high, that was a yearable at that time. I think the high was 2015 to 2015 per ounce. Let us assume this eight day action is part of a pause that refreshes, if you will, that in fact, we don't turn this into a defined declining trend. And in that scenario, let us guess that the next move is higher. Let's take that just as an assumption. If we, in fact, see Komex Gold surpassing that high, can you share with us and with me what your target or what your rally targets would be in that event? I'd just like to compare those on that question. I'm looking at 2175 in June Gold, John. That's the ABCD structure from the high we made up there at 2095 and then to move down into 1939. That tells me that with that ABCD coming in at the 382, like it did so perfectly, then I think that's where it's getting ready to go is to 2175 in June Gold. Okay, so that's just using the daily chart during ABCD targets. Yes. Let us just guess that that happens. Of course, only time can tell us if it does or not. But if that occurs, that's going to put us over that 2075 double top and that double top, that occurred June, July of 2020 and March of 2022. If we get over that, does that suggest, in fact, likely much higher prices past 2175? Well, that's all I have to work with, John, because the daily is, you know, if I start looking at weeklies or something, I'm going to get out of my comfort zone. And so what I'm looking for is that 2175, my key figure on the downside is 1939. If we get below that, the whole game is changed. That means we're going to bear market. As long as that 382 can hold, then I'm all for it. So that's all I'm waiting to see is when we get this next thrust. Right now we're trading it around. Well, we moved over to the June now, so these numbers change a little bit. But that target of 2175 is pretty correct, you know? Yes, I appreciate that. Thanks, there. Can I change the topic right here? Just ask you a question regarding your conversations with John Jamison, specifically on Bitcoin. Bitcoin, of course, surged up to that 28,000 level. And we've just gone sideways just under that level now the past week or two. And of course, Silicon Valley Bank was taken down. It was Silvercrest Capital. That was also a banking institution dealing with the crypto markets or at least the on-off ramps for that market. With all that, it would almost seem like, you know, the powers that we want to take down certain crypto markets. But Bitcoin, which has CME futures on it as does Ethereum, both those are hanging up. I'm wondering if he has any comment about what that likely means. Well, as you know, John, there's only availability of 21 million bitcoins and they're split up in increments of Satoshis. John says there's not much they can do about that. Now remember, every 18 months they do this having thing that John said. That comes up again later this year, sometime in the fall. But he doesn't think anything's going to happen to Bitcoin. The ones he's watching are some of the smaller coins that are coming out because there's thousands of these things and some of them get better and better. And then as people come in and start to see that, they bid them up. And he's got three or four that he's watching. He says, but there are none of them here that are within what he calls a reasonable risk. Or he's basically standing aside to see if Bitcoin can close above 29,000. And then if it can, then they're going to say, yep, maybe we'll have to do something. But until that time happens, he's actually on the sidelines. He's been long silver and gold for quite a while, but not much in the cryptos for sure. John, that's real helpful. I appreciate that update. I hadn't heard his perspective for a while. So thanks a bunch, Larry, and thanks on gold. We'll take it a couple of days at a time. Hey, listen, thank you very much, John. We really appreciate your comments coming in here. And keep an eye on those beans, buddy, because there's something big brewing over there at the board of trade. I don't think there's any question about that. This thing looks like it really wants to rock and roll here. We've got a little three drive in it right now, but it's going to be really interesting to see how it ends up through the rest of the day. Just for the record, I'm long both the new crop corn and beans from a week and a half ago. It's got a lead on those. I'm actually going to hold those through that planting intentions report that comes out Friday at noon time. But yeah, we shall see. Who knows, maybe the ice age that has returned to north and south Dakota and northern Minnesota screws up planting somehow up that way anyway. And maybe that's maybe that's a factor that drives buyers to come for these things. Who knows? Okay, well, listen, we'll be watching you and you have any insight. You please give us a jingle. Okay, my friend. Very good, Larry. Thanks again. Bye now. Okay, you bet. Okay, folks, we were talking about the fact that we didn't get filled in our crude oil today. But one of the strategies that we'd like to use is that if we don't get filled, the first thing we try to do is to look for the first 382 retracement here. Unfortunately, I can't get a video out to tell people this, but we talk about it all the time here. As you can see, if you missed the first train, here's the second train came right back up right to the 382 10 pips above it and then boom down another $800. So now you have your stop at break even here. And if this is right, this is going to pay big dividends because this was a big ABCD on the daily. Just as clear as could be, it just was nine pips away from where you wanted to be. And it didn't quite get there, but by golly, it might eventually. So we're going to wait and see. But right now, we're going to break even trade in that crude oil. And that is about as best that you can get. I think we've got a break coming up here in just a few minutes. By the way, tomorrow, folks, we're going to have Mike Moore of More Analytics as our guest on Friday. I, oh dear, I can't remember who I had on Friday. I have to double check the count. 877-927-6648. 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. 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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. Okay, folks, I posted the NASDAQ chart over the last five, six days because that's the real key one for me. This is the fourth time that we've been up to that 3A2 retracement and not been unable to break through it to the upside. We've just started to sell off a little bit here in the market, not very much, but it's important that if this is going to be bullish, we start to get above that line in very, very shortly. And I mean very, very shortly, like today, tomorrow, Friday, at the latest because if we go below that low that we made just a few hours ago, yesterday morning we were on the show here trading there at 16,660. If that low is broken, then look out because then you're going to be looking at what cyclical theorists say is the left hand, left translation which means the market crests early in the cycle and that means we're going to be coming down. But until that happens, the market still looks very, very bullish. We have some sell-offs, you blink your eyes and it comes right back. So that's pretty much what you're watching here today. The gold, like I was mentioning with Mr. Z, is still in the consolidation area and we're waiting for a pattern here to get us long again or if we see something really significant, we would look to go to the short side because it trades quite well, just like crude oil does. Crude oil and soybeans L, the big ones, they trade with the same type of harmony that all the other ones do. So remember folks, that was a major high today in crude oil. If we get above $75 a barrel now, that tells us that things are going to be going a lot higher but we hit that number within nine pips of the exact number and that tells us that crude oil should be correcting here over the past next few weeks anyway. And as you can see today's 3A2 rally is already brought to you $1,000 if you were in that because it went right up to the 3A2 and then failed like a tiny little squirt that it is. Anyway, we're going to take a break here folks and hold on one second and we'll be right back best we can. 877-927-6648