 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. Internationally at 727-445-1044. Now, Basil Chapman. Hello, everyone, Basil Chapman. Yeah, this is the Monday edition. Monday the, what is this, the 8th of July. And this will be the first full week of July coming up. We'll look at the different indices. But let me just show you something quickly. The dollar is just bumping up against us. A technique in the Chapman wave methodology that I call the inside track repellent or the inside track support or propellant level. And it means that you see this dollar chart. Look at this. I'm going to squeeze a little bit so you can see it clearly on the left side. Yeah, this is in fact the daily chart. You see this light green, thick light green trend line. See the little mini up channel right there with the dash pink line. That is saying that every time the price of the dollar went into this area, there was a repellent and the magnet was turned around. So it became a repellent instead of pulling it in, sucking it in towards there. It does it and then it repels the price. Well, we've just seen the same thing happen to the upside in the downtrend. And on Friday it spiked up above. It didn't close above the dash green line. But it held, today it's held the dashed pink red line or pink line. And that's a support level. So it's testing is breaking out as we speak. Let me open this up a little bit more now so you can see a closer look. We're just above that resistance level in a leg seen the Chapman Wave. And what does the Chapman Wave always ask for? Very simply put, we identify the lowest low bar and merely count each successively higher peak, label them alphabetically on the uppercase on the way up, low case on the way down. But it's really the way up that counts the most because when it gets to the fourth highest peak, we label it ABC peak D. That's where other things can happen. I always talk about patterns. This is a straight line up or down. That's one. There's either a cup or an arch. So it's straight line up or down, cup or arch or a combination. So it's just the three patterns. Straight up, straight down, arch, cup. Well, what do we have? In this particular instance, we have cup formations with lower highs and now we've got an arch formation and we're testing the previous high an arch formation, so that goes to a cup formation. The 97-44 level was challenging the 97-77 level from the 18th of June. Now we've broken out of that resistance. The magti, the moving average convergence divergence is strong. Stochastic is at 50% is rounding, but it's not great. It needs to be over 80%. So that is a positive. But wait a minute. The weekly chart, whoops, the weekly chart right here of the dollar. Remember, there's a dollar index trading right now at 97-36 up eight peaks. You've got a new leg A in the weekly chart. So you've gone from a cup formation to an arch formation. Now you're making an even narrower, shorter term cup formation. But we really need to see an extension this week above last week's high of 97-44 to continue leg A to the upside. Why not say great? Because it's way under the previous high. You need to confirm with the magti and stochastic giving good buy signals to buy modes. Right now, they haven't even given buy signals. It's just a good balance. Now look at the monthly chart. The monthly chart is really good. Of course, this is just the second week, second bar of the weekly chart of the month of the, in the dollar. This is the first month of July and it's made a higher low and it's held the 14-period moving average. The black line is holding the green moving average which has support at 96-62 and it's trading at 97-36 right now. Magti is good, not great, but good. Stochastic is very good at 86, but it has pulled back a little bit. So the dollar is indicating that it wants to try for the 97-70s, preferably the 98s quite soon. If you look at the Euro currency pair, EURUSD, this is the inverted pattern. You've got this cup formation now, very weak. It's trading at 1.120, down 0.01 and there's that almost like an Eiffel tower straight up, straight down. We did it once before, it's done a number of times actually, and failed. So the Euro is not looking too well and the USDJPY, which is the yen, the dollar yen currency pair, is looking much, much better. The weekly chart needs a lot of work with the debties and legs. See, very nice with the Magti up. Stochastic is 66, about the same as the dollar. So so far that's acting quite nicely. So gold. Gold is trading down 3.4, had a rally that failed. It's made a high at 1442.9 on the 25th of May and it's been in a rectangle formation. There could be one more push toward the 1440 level, but I suspect that at some point in the next couple of weeks it will break below 1380. And that's going to be a key moment. But in the meantime, the weekly chart is still holding very well and so is the monthly chart. All right, enough with that. Let's just get to the numbers here. INDU. This is the Dow trading down 142. It is under the Chapman Wave inside track, repellent support line. So that's not so good. And the monthly chart, the weekly chart shows that this whole area has a lot of resistance and the monthly chart saying all of them show that we're bumping into, we're getting into a strong resistance area. Unless the Dow in July closes about 27,000, oh, I'd say 27,350 would be fantastic action. But up until 27,000, 27,100, I think there's a lot of resistance. We're looking at that. We're looking at the SM. So key support. If the Dow closes below 26,600, especially without making a leg deep to the upside, that'll be very interesting and suggested. We are in a timeout, and it could go a little while longer. If there's a rally, I'm not expecting the rallies going to be able to clear this trend line. And it says 26,990 has a lot of resistance to 27,090. QQQ. Three Qs. There goes the voice again. Oops, let me give them NDX100. The NDX100 trading vehicle, ETF is a QQQ, InvestCo Trust Series, and they made a high, not an all-time high, the all-time... Oops, it did. They made an all-time high of 191.44, which is just 191.44. 12 cents above the 191.32 resistance from April. Leg D, peak E in the daily, leg E in the weekly, and only a leg B in the monthly chart. So that's very positive. There's no other count. It has to be a B. And that's suggesting that we in a buy mode in the monthly chart. Then no matter what happens, unless we take out, well, I'd say 150 to 145 support and it's trading at 189 right now, this is going to go to higher highs in 2019. I'll be right back. That was down 148, 6,000, 17,000, Tiger Editions Hour. I'll be right back. The Taz Profile Scanner is the most revolutionary piece of trading software that you will ever try. Wouldn't you like to approach the markets with confidence as you begin your trading day? It's likely that you'll be faced with lots of decisions. In order to make the best decision, the first thing you'll need is a strategy that will help you minimize your risks. Whether we're in a bull or bear market, a good strategy is to have the tools needed to help you scan and analyze the markets before you trade. The Taz Profile Scanner instantly scans and filters over 2,500 global financial markets such as stocks, ETFs, commodity futures, and forex. 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Details on the Tiger's Den are on the front page of tfnn.com. TFNN has launched our brand-new website. You can still visit us at the same tfnn.com URL. But when you do, you'll see a new and improved homepage with a much simpler navigation, whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new tfnn.com now and experience all the upgrades. That's tfnn.com. Educating investors. Call now. Toll free at 1-877-927-6648. Internationally at 727-873-7618. Hello, I'm from back. So we got the QQQ's down $1.81. And the key support level will be, I would put it right now on a shorter term basis, $188, let's see the low today is $188.93. I'd put a little bit lower down somewhere in the low, just below the gap, a low of $188.38. That was the gap high of the 1st of July because the day before, it closed at $186.74. So just a little bit below that, let's call it $188.30 area. Should be the worst case basis for the next couple of days at least. And the IWM, which is the Russell 2000, ugly candle today down at $1.41 and $155. $27 has $154.90 to $154.37 is really important to support to hold. Okay, so there are a couple of things. Crude oil here is really showing a little bit of strength. It's within that rectangle. Actually, I put it up there. Now I'm going to change it. I'm going to make it right here and say that this is where we're looking at this pattern everywhere. Look, you've got a doji candle right there with the high in crude oil on the 1st at $69, no, $60.28. And you've got a low over the last few days in the $56 area. Call it $56.04, but I'm going to say $56. So I'm anticipating, I'm going to lower this and I'm saying just for the shorter term, we've got a trading band between $55.80 and I would put it at $58.90. This is over the next few days. If it takes that out on the upside, goes above $59, there's a good chance it's going to go to a leg D above $60.28. And at the same time, if it does that, there's a good chance that Dow's going to go to that leg D or very close as we get. I was asked if I'd talk about whichever way you pick C1, C2, or I'll do that. So in the charming methodology there's a pattern that we look at that suggests that if you go higher and you can get to that third highest peak, peak C, and then pull back a little bit and then go back, but don't make a leg D. What you do is you go just fractionally under, so the high and then I was 26,966 round number high, actually very unusual to have a round number, all-time high. And then pull back and then rally back again. It will be somewhere around here, maybe 26,009. It's got to be close, 50 or 60. And then pull back and that makes a peak B and a peak C. And then I call this a C2 because everything about it says the magnitude was so strong, stochastic was trying to bounce off instead of turning negative. And the 120-minute chart usually gives you a little ictus, a little sign to say that it wanted to bounce, it's made a peak D. And then you can have justification to call that a peak C1 and a peak C2 like a phantom peak D top. Then you've got to be prepared for a pullback. I've been prepared already for a pullback. That's why we took some gains because everything about, look, you see this move up here in the Dow 26,907.37 on the 21st of June, pulls back quite sharply to the green line that's the 9-period moving average and then just fails against the 26,009. What was that? 26,890. So you've got 890 against 907. 17 points, 18 points would have made it a leg C. So this here in many ways looks like it could be a phantom C. And I don't want to make this complicated, but those of you who are used to the Chapman methodology, I know we're transitioning really easy into what I'm saying. So that makes this a D. So everything, but why do I say it makes it a D? Well, look at this. The spy, the S&P, whoops, the S&P 500 ETF, the spy has gone to a D. The QQQ has gone to an E. The IWM has already gone to an E and pulled back quite sharply. So the missing link is the Dow. So I'm able to say because of all the other accoutrements, all the other peaks that have been in place, like they should be, the Dow was missing one, but there's enough evidence to say, hey, that's the reason why we took some profit on Friday at the open because I was saying, I believe we're really close to some kind of a pullback. And everything here says, you don't really have to go above this, call it a phantom P D, because everything says that you kind of made it look, but the MACD hasn't crossed negative and the stochastic's still at 91%. And that leads me to believe there's going to be some news event. It could be Boeing. It could be anything. That just allows it for another, I call it a rogue wave phantom peak or at least even an attempt to make a new recovery all time high. Why? Because the MACD is still good. Stochastic's still 91%. That's very strong. There's still enough strength to be able to do that. My biggest thing is to say to subscribers, if the Dow closes above 27,000, 190s, but ready, it has to be something like 27,000, 270s, preferably 27,300, that weekly chart is going to get so strong, it's not going to be an alternate count here to say, hey, this is a peak D we could be pulling back. It's going to be a sign to say there is a lot of strength and it's really improving the monthly chart. So here we are on the cusp of either being very positive or being somewhat negative. So I've said yellow light out. We're just a bit cautious. We're not going to add any positions right now. Not even short. I just want to see how this plays out. Got it. Okay. Next thing I want you to look at is I had a question about, yeah, I'll do that. So my dark quartet, Caterpillar. Caterpillar is holding. It made a peak C. That's the other thing. There are so many stocks that have made peak Cs. Important stocks. I'm missing that leg D. I think it's going to be here. And it's not a big deal. It's just saying that I need it to complete the waveform. So Caterpillar holding very nicely but the monthly chart says, wow, is there a lot of work to get back to the all-time high in the 170s trading at 135. Look at IBM. I don't know. I'm beginning to think IBM should just be scrapped completely from my dark quartet, just like GE was. It's really going nowhere. Peak EE pulls back down 94 cents, 140.44. It hasn't even made the leg D yet in the weekly chart. Unlike the IBM. Triple M. This is at a leg C, a peak C, but it's a horrible pattern in the daily and the weekly and the monthly. So it needs so much. It's very bullish looking out if Triple M is going to participate again. There was a leader right up until January of 2018 when it hit 259. Right there. In the 250s, January of 2018, and then plummets down to 160. That is not good. 100 points. Gosh. And then UTX. UTX is going to be amalgamating with, there we are, with Raytheon. And UTX is holding very nicely. Its monthly chart has really improved a lot. So it's trading at 131.14, minus 140. It just is in a digestive phase, speaking to someone the other day. I don't want to mention names or anything like that. This person is a senior person in one of these really big companies. They got taken over. I'll give you a clue because we're looking at, you know, a lot of stocks here that are either merging or getting taken over. And he was in the taken over firm. And the reason why they were taken over is because they were doing so well. Absolutely tough line. The earnings have been great. Everything was in line. So they get taken out by this big, big conglomerate. He said, you don't know what's going on. Nothing. Since 1984, Basil Chapman has been using the Chapman Wave methodology to advise traders of his expert market opinion. While originally hand drawing charts from the late 1970s into the 1980s, Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply. Later, Basil found that computer software which included the standard market technical indicators enhanced the degree of accuracy and calling price turns as well as market trend calls. Thus was born the Chapman Wave sequence. Using the Chapman Wave methodology along with other indicators, Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter. Right now you can get a two week free trial to Basil's opening call, Basil's daily trading newsletter by visiting the front page of TFNN.com. Cancel at any time during that trial and pay absolutely nothing. Get your two week free trial to Basil's newsletter of the opening call today by visiting TFNN.com. The path of least resistance is David White's daily trading newsletter and if you're looking for active trading ideas then now is a perfect time for a 30 day free trial to this powerful daily trading advisory service. David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter. Using a combination of equity trades along with options, David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted. Don't miss out on this great chance to get a 30 day free trial to David's daily newsletter, the path of least resistance with no obligation to pay anything. 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The Art of Timing the Trade Chart is designed to help you when scouring the markets for stocks just beginning to form the trading patterns for 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 check out the banner on the front page of TFNN.com Hi, so I basically what I'm saying to you is that the Acquireer is this huge conglomerate and they are so cumbersome that they don't even understand the language. You have to wonder why they take over these smaller companies. And this person who was a senior person out of the eight or nine companies that have in different countries in the really the nitty-gritty, this is in the accounting and procurement area said I just I get these 40 emails a day just completely overlooking what I've asked them to do or to look at and by the end of the day we've done nothing. It's just a waste of time and waste of money and I don't know what to do. I just don't know what to do anymore because what they're suggesting isn't what worked for us before and we're the company that they took over because we were doing so well in what we were doing so well why didn't they even wonder why they're messing around? So it's happened so often and I have another story where I know someone in Australia whose company were a very small little company that had this paints it was really stonework they had a some kind of some kind of a cover for stonework, liquid, I'm not sure quite what it was but an American firm just loved it and one of the people there had started the whole American sales and had done really well so they got acquired by an American company and then he said I don't know why they even took us over we had this like a blink of an eye in one of their divisions and it's not like they wanted we were a competition to them they wanted us because it was a growth company and for the year that I was working and opening sales offices around the country it was really successful that's why they wanted us they had a clue well it got taken over a second time by another company so now the little eye blink became a little mini eye blink and he got even more frustrated because he now didn't know who his boss was and the bosses didn't know who the boss was nobody knew anything and then it was taken over a third time this is all in the space of a few years and finally that person just said I'm done I'm out of here, I don't even know what to do I'm just going to get what's owed to me and I'm out of here and that happened so often with big companies taking over small companies they love IBM, the reason IBM is one of those examples IBM took what was it again Red Hat Must have been Red Hat I think Red Hat, they bought Red Hat millions, billions of dollars and they are still lagging so badly in the cloud area you know enough for that so let's just look at I'm saying UTX here had a fantastic balance when the news was can't remember who it was they're taking over and next thing UTX is UTX is with Raytheon so they had the big balance Raytheon had the balance when both of them came tumbling down, you see what Raytheon is doing RTN RTN yeah and then both of them Raytheon soared from the 180s to 193 0.99 and then it plunged now so in the 170s I guess just after a while well this is one of the two good companies I would think that actually I did speak to someone from Raytheon over the weekend who said that they're kind of excited they think that it's going to work out quite well it's a different set of circumstances because Raytheon has so much high technology especially in the military area and Raytheon needs that so they kind of do understand a lot of things so maybe that one's going to be a little bit different okay enough with that next thing is someone asked me is there any thoughts on the silicone valley bubble so let's just do this I don't know about silicone valley let's just look at the SMH this is an example of not a bubble but on a move up that was the precursor to the move up was it was so oversold when I went into December law of 18 having hit 120.71 in late 2018 and then it had a spectacular sorry 114.55 was the high of March of 2018 plunges down to 80 that's a 35 point decline I would say that's a pretty big decline then it has a spectacular 50 percent rally 40 point rally 50 percent I mean that's amazing and then it pulls back sharply to the 90s and now it's trading at 110 having just the other day hit 115 almost 160 so this is saying and then a book to build everything I've been trying to find out about it says that the orders are not really of the standard that you would expect all-time highs especially after making yearly lows just spectacularly in a few months go to an all-time high with a 50 percent gain that got away from itself and yet the price is holding very well so I try to put the two things together and what it's saying is that these four small candles since the high that was made at 115 point 96 on the 1st of July to me this is just saying that yes it did get away but maybe billing is starting to come back you cannot ignore the fact that this kind of price moved with this kind of pullback from 120 to 98 and then bouncing all the way back to the 115s trading out 110 this is still pretty good action and I said to subscribers we were short all the way down but I did not switch to the long side and now I have to make a decision because if it holds nicely today that's going to suggest that maybe there'll be a little bit more of a rally before we have a deeper pullback and therefore I don't know if I want to go short of the SMH's I just I might have to be thinking of going along depends where and how for how long so the question is Silicon Valley if I go to the XLK I don't see a Silicon valley bubble I see exuberance I see over exuberance bubble I just don't see people talking about it I don't see remember with juniper and all those the whole thing of 2019-99 and 2000 I don't see that going on right now even the new sexy stocks was zoom in the technology area zoom video communications had a fabulous move since the IPO in the 60 area runs all the way to the 107 area 107.34 trading now at 90 after a pullback into the 86 is 84s this is pretty good I don't see no I don't see I don't see that and salesforce CRM big digestive phase it just needs it this is the equivalent of the last year in the summit exactly this time I was talking about how I anticipated that the thing stocks AA and G we're about to have some kind of a hat trick top in the monthies which should be a timeout for quite a few months I think that the the sales forces and the cloud area same same thing and that's why we're looking at a potential rotation here and that's why for subscribers to my opening call we are very selective we've got areas that seem to be a little under the radar rather than under the weather and that's that's really important to me a question about the XLF yeah the XLF is a lagging I don't think you have to look at the financials as part of the interest rate infrastructure I would rather look at it as part of the economic infrastructure and that they've done things they've done good things to have the to have the fair say they get check marks positive marks for balance sheets and everything that they had to do I'll be right back down down 136 be right back as the chairman Tiger Christians our love to hear from you 877 9766 648 see you in a month if you're in the CD market and looking for a secure investment the Tiger first mortgage program will work for you the security for these first mortgages are building lots in the tax opportunity zone in st. 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And here is what I wanted to show you a question I had about Salesforce. No, it's not that. It is this, isn't this? No, it's that. It's this. There you go. So here's the building. And I have this thing about, now it's of course common knowledge, but I used to think that I, an original concept back in 1980s, 1990s, that skyscrapers were announced. And that was invariably the market top of that country, that city, that area. And it's happened so often on Petronas Towers back in the 1990s. I mean, you could just go on and on and on. Burj Dubai had to change its name to the Burj Khalafi. And because the week that it was supposed to open, there was a market crash. And they actually had to switch funding. They switched the names and everything. It just happens. And 1929, of course, the Empire State Building, you can just go on and on. So I was saying when I read about the Salesforce new tower in San Francisco, I said, oh, let's watch this. Well, this kept going for quite a while, writing to May. And this was open in January. There's this huge building. And look at this. I'm trying to put it in context. This is the best way to see it. I think I've not seen it in real life. Here's the Golden Gate Bridge. You have the other tall buildings. And there it is right there. Look at that. But here's the chart. The chart is saying, yeah, we might have a digestive phase. But the cloud computing is absolutely the way to go. It's most important area has been for a long time. So now there's a big digestive phase because so many companies are wanting to get in. And Salesforce is probably one of the leaders. And it made a high of 166, did I say 167, 6756. And that was in April. So now it's pulling back a little bit. It said 152, no big deal. It could even pull back to the back to the 140s. I didn't see a problem with that. But is this a PE? Or is this a brand new A with a digestive phase? And then we go to BCND. I have my own analysis in terms of what I'm anticipating. But I can't even discuss it until we break 148 and then it becomes viable. At 152, yes, you could go up. And yes, you could go down. So it's just stuck in a range. I don't see much for it right this moment. Okay, next question was the IYT and Boeing. IYT is down $1.92 after that peak E. This is really like a roadway for a right shoulder, a right arm extension failure pattern. But it'll only be so if at 186, 76, it plunges another point and a half in the next two days. And this is suggesting that that weekly chart is really important, that it is in a digestive phase, and that the IYT, the Transportation Index, is not rallying toward the highs, all-time highs of 209.44. It's way down at 186. Got a lot of work to do, looking at that's very positive. Sure to do. It confirms to me that I just have to be real careful here. A question I know, a statement in the den was, I was talking to someone from Silicon Valley yesterday, big egos. Yeah, you know, you've got to separate that. The big egos is really what keeps them ticking. And it's an important ingredient, absolutely. But the hubris comes when they do something like build the world's tallest building, make a big announcement about it. And this is one of the world's most efficient, efficient buildings. Actually, you're very interesting. I actually quite like the design. Haven't seen it for real. That's where the real proof of the pudding is, not just a drawing or a picture. But at this particular point, I am kind of impressed. And we'll see what happens. So in fact, let me show you how impressed I am. It says, okay, let me just see if I can say do it quickly. Here we go. We work is opening a second headquarters in Salesforce, new $1 billion skyscraper. It was the other one, the other page that had it with all the benefits. It's heating self sufficient, I believe, heating and air conditioning. There's a charge to actually put it in place. But once it's going, I think it's almost self sufficient. I mean, there's a lot that's fantastic. The near completion of Salesforce tower is the cherry on top at rise 61 stories over the city's financial district, San Francisco, making it the tallest building west of Chicago is capable of being occupied. And it goes on and on and on Boston properties. I didn't realize that they were the developers. That's interesting. So if anyone's in San Francisco, if you know anything about the building and good news, bad news, I love hearing about that. To me, this is a great thing. I got nothing to do with saying people shouldn't build buildings. I have to love architecture, I love new buildings. And they call it a display of optimism that San Francisco's future is bright. Fred Clark of penny clock and penny architects, great deal more than simply another office building. I hope that's true. You just want the best for your cities. Okay, enough with that. IYT Boeing, what's going down again, Boeing, oh, down five to 350. That's a drag on the Dow. So that's not so great. Yeah, I just think Boeing is a real problem. When Boeing eventually starts to see things come right later in the year, there's a chance that it could have a very good rally that'll really help the Dow when it needs it the most right now to the Dow's mix. It's got some goodies and baddies. So look at Home Depot. Home Depot right now is up at 95 cents at all time highs as we speak in a new leg. This is a new leg C. Oh, like the Dow. Okay. And leg E in the weekly chart very close to some kind of digestive phase and but really good action Home Depot. All right. So that question I had about the XAL 27 cents and leg B in the daily is above in the triangle in the weekly monthly is improving. Hey, I like this. This is a good sign. Transports are moving very on. Transports are moving up a little bit. But the XAL, the RK airline index is doing very nicely. It's only up 27 cents at 105.94. But what a nice move it's had all the way from the low that was made just under 100 seven sessions ago. So this is a good, very good action. Now I had a question. Oh, man. Oh, yes. There it is. ESI. ESI have never looked at ESI. I don't know if I ever looked at Elements Solutions Inc trading down 23 cents at $10 and 15 cents. And the question is I've held ESI. ESI? Yes. ESI for some time. It is not showing much movement at this point. Should I sell or hold at the best of days? So, you know, you kind of answered your own question. These patterns that go from an H to an M pattern just stay in this rectangle sideways trading man forever. Now from 1016 to the 200 billion moving average of 10.85 is a really nice move. It's about 8%. So I wouldn't sneeze at that. Well, I would sneeze at probably, but I wouldn't sneeze at that. But if it goes below $9 and 90 cents, yeah, it has the thing of making low highs and low lows. So I'm kind of agreeing with you. I'm just going to say I don't see anything right now. It's one of those stocks that if it suddenly moves, well, you kind of have to be in to appreciate where it's going. But at this point, if you, you know, I'm not going to make it give me a second to think it through because you are already in it. So that's different. I'll be back. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trait that we tigers and tigers share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastering Probability. And for the last 12 months, Timer Digest has been tracking my newsletter signals, which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, six and three months. 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Primal edge is powered by highly concentrated folic and humic acids. Nature's preferred delivery system. They've been called miracle molecules because, like sunlight, air, and water, life cannot exist without them. That's right, Paige. They ensure we receive all the nutrition we need to be healthy and thrive. We take it every morning. Primal edge, formulated and approved by Niko and Paige of Living at Primal Lifestyle. Buy it today for just $89. Click on the Primal Edge banner on the front page of TFNN.com. Hi, folks. This is Steve Rhodes. Stay tuned for another great hour of the Trader's Edge, heard here at TFNN.com. Hi, folks. We're looking at ESI's element solutions trading down 21 cents. I'm pleased I had a chance to go through this because the chambering methodology leads to D. And we got that when it had the ready around about the 24th of January. And it went from the nine area just in the low nines. And then it ran up to peak C at about 11. And then just under 11, then pulled back sharply to under 10. And then it had the sudden upspight that failed at a peak D. Well, it says to me, in the chambering methodology, stocks that tend to make Ds can do them quite often. And then they might even go to E or an F. But it's good that they make at least a D because it shows a character integrity that goes from a bicycle to a buy mode to at least a D. All right. That's the same thing. Back in late March, pulls back to the 940s. And then all of a sudden it goes, peak A, peak B, peak C, peak D. Pulls back, but the magazine still holds well. Stochastic pulls back very sharply. And then it has one more spike to an E, pulls back a little bit above the children's removing average, and then goes to an F. And that's that pattern that I call that double camera hump, where you've got a pullback. And then there's just one sudden spike to the upside with two peaks. And then it's all over. And then it is all over because it goes from the high that was made of the doji candle, 3rd of May, high of 1144, trough A, trough B, trough C, trough D, yeah, trough D, doji candle. And then it has a really nice move from the 9.39 area and rallies up to 10.83. I'm pleased I saw this because now you've got your arch going to the second arch, which is what I was going to tell you about. But I'm going to say something a little different. If you're holding this and you're holding it and you're underwater, you didn't say, but you said you've held it for a while. So if you're underwater, sometimes, sometimes means sometimes. Sometimes also means that I'm kind of in a losing position, not much, but it's coming back and what do I do? This is what I'm guessing. So I'm going to say to you, if you got it much, oh, we're over. If you got it earlier, then put your stop in just under 10 at 9.99. But if you've gotten in and you've got a nice profit, make your stop 9.99 for now on some part of it. Otherwise, I would say get out of it right now. We can always get back in. It should make another little arch formation. I'll be back.