 a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618. Let's go to Eddie and Bucarton. Hey, Eddie, what's going on? Hey, Tom, how are you, man? I'm doing great, man, yourself? Good, good. It is a treasure to have TFNN every hour during the trading day to be there, to help you to guide you, and even to give you some peace of mind or did somebody else is there with you while you're trading this crazy market? These are up or down. Well, listen, we appreciate you growling and prowling us out here, because we wouldn't be out here, folks, if we didn't have all you guys, gals, tigers and tigers as his clients. And the market teaches you every single day, man. Now, Tom O'Brien. Well, welcome, folks. This is Tom O'Brien at TFNN. We have five days a week. We go seven hours a day. We go 24 hours a day on the internet at tfnn.com. Always remember, folks, whatever you think about, you bring about whatever you focus on grows. Hope everyone's having a great day, safe day. Let's make it a great night, folks. You have the power to create. Your power is so strong that whatever you believe comes true. You are the way you are, because that is what you believe about yourself. Your whole reality, everything you believe is your creation. And yes, my glasses are broke, folks. I'll be having some new glasses. What a look, right? Knock it wise! Let's take a look at it out here. We have the Dow Industries up at buck 30, no, 47. NASDAQ up 131. S&P's up 27. Gold contract trading up 1350 at 1731. They got Silver Upper Penny $18.68. Light Sweet Crew down $3.62. Trading at 96.26. Notes and bonds. A 10-year note. Up a full point plus one tick at 1.1826. The 30-year up a full point plus 23 ticks at 1.4007. And Kingdoll. Kingdoll's down 163 ticks. Trading at 106.914. The year is 101. The yen is at 137. The British pound is at 119 to one U.S. dollar. Our phone number's 877-927-6648. Give us a call, folks. I know it's going on in your world. In the world of the S&P's, let's take a look at it. And what do you have, folks? Check it out, man. Bottom line, you know, I just did that update. It's breaking the B point right now. Your next leg up, we're at 3993. Your next leg up, folks, is 4234. And let's just see if we're gonna get the ABC, man. This is a market man that is so freaking cool. It's insane. Let's see what we got. 27,019. Okay, you got a minute. We got a minute to get 8,000 contracts. You get 8,000 contracts, intraday. You got an ABC structure on the way up. Pretty wild, man. And so that's on the intraday. We take a look at this on the daily. And what you're gonna have is that the bottom line is that you launched the swing points. You know, your first downdraft out here, when those three days of the downdraft going back to the 9th of June, the bottom of that is 4016. So we'll see what kind of flak you get at that particular point. We go into the NQs. We take a look at the NQs. NQs will lead in this market, man. That's the bottom line. We take a look at the NQs out here. And we have what the NQs. Pull this back. And this baby, okay, so that's 99. Oh, look at, no. So the NQs, there was shot for an ABC structure on the way up, okay? What we had is this. You had 99,000 column tracks at the first high, 9900, and we just did 7,800. So we'll see whether we get more in the next bar. But the bottom line is that that bar there didn't have enough. Let me just go back, well, I've seen enough, enough for a confirmed ABC structure on the way up intraday. Because these intraday ones are something else, man. So let me just look at this bar again. You got 22 versus 27. No, we got light there too. That being said, guess what? Market wants higher price. Gold, let's go take a look at the gold contract out here. What do you have inside the gold contract? What we have inside the gold contract is this. You came down, so you had the ECB come out to smaller folks. They went a half a point instead of a quarter. That was a surprise for the marketplace. Guess what? What it didn't do, which is unbelievable, is didn't do anything for the pound. Okay, I can imagine if they only did a quarter percent the pound would have went to like 50 cents. Only kidding, but it would have really smoked. Anyway, gold market, what the gold market did is this. Gold market went down to 1678. Now the intriguing thing about the gold market going down to 1678, that wasn't even when the dollar was up. I mean, down. The bottom line is that it rejected lower price there. We have the price spread going on right now. There's no doubt about that. You're talking about 32, well, 22, 32, but yeah, about 37 point spread out here today. Now, what you do need is you need follow through. That's what it comes down to. We've had on a continual basis, there's been no sellers. The bottom line, we haven't had follow through. There hasn't been a sign of strength all the above. What is intriguing out here today, of course, is that what you do have is that interest rates are going down versus going up. We are at 2.9 right now on the 10 year. And if we go take a look at this 10 year, what you're looking at, you know, we were going sideways on the 10 year. Bottom line is that what you have out here today is that, you know, it's 155. You don't have a lot of volume, man, but the 10 year is saying that we are gonna make it run back up to 120. Right now you're at the 1,1827. We go take a look at the 30 year US. Where I am, man, US. Okay, here we go. The 30 year, you get 303,000 contracts. Now that's a decent contract volume on the 30 year. You know, because the 30 year normally comes in about 2,250. Yeah, you get action here, man. This will be a mind blow if it's gonna be an ABC up. It's not gonna take much. I suspect tomorrow it's gonna happen we're gonna go after this swing point. The swing point that we're talking about is 14206. And if that's, if we get a ABC structure up folks, inside of the 30 year, what that's going to be saying is that your probability is gonna get higher and we'll see the Fed fund futures rate starting to trade off of that. That when you take a look at the Fed calendar, you know, the next meeting is on the 27th of July, which is of course next week. And I suspect a half a point is built in. But if you take out the high in the 30 year, it would probably take it out in the 10 too. That's telling me that the, in September, the next one out here is September 21st. It'd be saying that we would back off a bit on the interest rate structures, which hey, we'll see where this goes. But that's what this market is saying at this particular point because inside the bond market, they are buying this thing hands over fist right now. That's how it's shaking out. And when we go back and we take a look at the spy, you gotta remember something that, you know, the swing point in the spy is 417. Well, we're at 397. Calendar-wise, it's setting up correctly. The reason being it's setting up correctly is that next week's the last trading week of the week of the month and guess what? You go into window dressing. So it has a shot to really get some action going here, man. Dow, Dow industrial is up 15. Asex up 125. S&Ps are up 25. Stay right there, folks. We'll come right back. If booming inflation, we are purchasing powers eroded. There's no better place to protect your hard-earned money than in gold. This, the gold's flagship asset is the Monk Todd Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in a tail-one mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. This, the gold just completed the Monk Todd Feasibility Study, which resulted in a 7 million-ounce gold reserve in a 16-year mine life. All of this, combined with the approvals of all major operational as well as environmental permits. This distinguishes Monk Todd as an attractive, devious partner, ready-development stage gold project. This, the gold trades on the New York Stock Exchange and the symbol VGZ. 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. 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Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. 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. Subscribe to the Fibonacci 24-7 newsletter today at TFNN.com, educating investors. All now toll-free at 1-877-927-6648 internationally at 727-873-7618. Welcome back folks, Dow. Dow investors right now up at 35 we get the Nasdaq up about 117, S&Ps are up 23. And we just, it wasn't one of the questions that he was joking around a bit I think about like how many ABCs can you have before it craps out. The largest ABC structure I've seen in the marketplace and we rode most of this folks was AMAT in 1998 to 2000, it just kept doing ABC structures. One after the other after the other, it was crazy. Bottom line is that when you are in an ABC market it's pretty cool. Now that's the bull side of it. The bear side goes like this, that when you are doing ABCs, I've seen when an ABC finishes I've seen plenty of them fall apart too, okay. But to answer the question, that was the longest I've ever seen. I mean it was unbelievable, it was like for a year and a half, I forget the exact date when it started but it was, well you know it probably was. No, I got it actually because what happened in 1998 is that that was the Asian contagion. And as soon as the Asian contagion was over so that would have been October of 1998, it never stopped from October of 1998 going right up to the millennium in 2000. Because the reason I remember that is that I remember the amount of calls that were coming in and I got this, so this is crazy. And you probably heard this story before because I told it a few times. We were having a New Year's party and what happened is that almost every person was coming up to me saying I'm never gonna sell on this and I'm looking around and I'm saying to myself, okay man, I gotta feel him that this is like really a huge problem. And by about 1.32 o'clock in the morning it was just so extraordinary that people started saying to me, no I'm not gonna pay the tax and I says, you know what, this market's done man. And what ended up happening January 3rd to January 6th that was the high, I believe in the NASDAQ or the SMP and March 10th was the high in the NASDAQ, okay? And that was the end of like an amazing run. And then, you know, so anyway, ABC structures can continue to go on an amazing basis. The thing that does happen is that the, well yeah, no, thanks EKS. I'm gonna go over to these right now because when I was talking about this this morning the home builders, and this is gonna be deviant man, the home builders are doing ABC structures up. Look at this, Lana, Lana's blowing. Oh no, no, no, it didn't have it. Okay, hold it man. Oh, see now this is, okay, let me bring up DHI too. Well yeah, I'll finish with Lana. This morning, when we were looking at this it should have had the volume. This had 1.4 million when I was on at 10 to 11 when I was doing Larry's show this morning. And now it's not gonna have the volume. It has the price, okay? So that's saying Lana can run to like 83 and you're at 81. Let's go to DHI, DH Horton, DHI. Does it be really strange if, this definitely should have had the volume. Let me say this. Okay, so yeah, DHI is gonna be an ABC up. It needs a volume of 4.4 million then 5 million. It's a decent one too. Your B point is 75 and a half. Your A point is, yeah, it's $10 A to B which gets you $80 and right now you're at 75. Let me pull a few more of these up and see where this shakes out. So, Ovenia. Well let's pull the strongest one up, okay? So if I take this, see that's interesting too. Well, DH Horton is this year has been the strongest one. No, let's change 28% MDC, Ovenia. Oh look at this, this is interesting. BZH. Now BZH, that's BISA. Let's see what they're doing, man. If this is ever doing an ABC up, it'll blow my mind because this is just, no, it's not, right? Yeah, it's not, yeah. Let's go to Home Depot and see what Home Depot's doing and see if there's gonna be any traction in that area. No, that's falling out of bed. It's up on $1.13 but you can see Home Depot, Home Depot's coming into $2.9 million, you got $1.7. The swing point there's $308.46, $308.46, yeah, $308.46 and right now you're at $303.45, you know? So, we're gonna have some divergence out there. The DHI though, no doubt was really intriguing. The numbers weren't bad, weren't great, but the bottom line is that the market liked it. That's what it comes down to. It liked it and liked it in space. Let's go take a look and see some of the higher volume equities out here and see what we have. So, you got mob bells down at $1.64. They haven't a problem collecting phone bills which is pretty intense, man, because phone bills aren't that expensive. You got American Airlines down at $1.27. You got Apple up $1.93. We have NVIDIA. Oh, look at that, NVIDIA gave it up. Let's go to NVIDIA. So, NVIDIA, oh no, I see, okay, that was yesterday. Right, okay, so NVIDIA's still, the high of today was $181. NVIDIA took over, blew away at swing point, has volume on the blow away, NVIDIA's gonna be making its way up to this $196 area. Some of the other higher volume, well, hey, let's go to Tesla because Tesla bottom line is blowing away swing points, has the price movement, has the volume, has it all. Yeah, there you go. So this is how you wanna blow a swing point away too, and blow a consolidation away. You can see the top of the consolidation here, $793, you're at $816, you get a volume of $42 million. You also have, let's just see what the .382 on the bounce would be. A .382 would be $821. And I'll say you can see $821 in a second. That's a .382. A 50 is a $892. And then we take a look at, hey, the shot position's not bad. The shot position right now is only 3.16. Now, granted, that's 27 million shares, but it's not like a 10% shot position inside there. Now, I suspect there'd be some buy-in because you get an acceleration like that, bottom line, which I expected, you're gonna see some buy-in in there, but that equity wants higher price. That's the real bottom line. So let's go inside the NDX again and see what's moving this baby. Because if we hold up like this, yeah, Tesla's up 10%, you get NetEase up 5.5%, ASML is up 4.7, and Pinduodoo is up four. Taken away from it, T-Mobile's down 3.6, you get married off 1.5, Walgreens boots is off 1.4, and you got Dollar Tree down now 1.7%. And there's no doubt as we, yeah, let me show you something here. This is pretty cool too. We're gonna go over to the DAX in Germany because you can see what happened. You gotta always remember something. Europe is basically four and a half hours ahead of us. And what happened this morning, as you were doing it, the DAX had been down, the DAX had a low of $13,097, and it just kept clawing back, clawing back, clawing back. That says quite a bit. You wanna, I think you should pay attention to that intraday because it gives you a lot of great hints as to where we're going. Stay right there folks, come right back. If you wanna 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 in 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. TFNN is excited about our new software charting program, the Art of Timing the Trade Shards 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 Shards allows you to scan thousands of stocks for Fibonacci formation setups, including guardleaf, ABCs, butterflies, and much more. The Art of Timing the Trade Shards is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 a month. We are so confident that you're gonna 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 Shards 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. Welcome back, folks, Dow. Dow investors right now are up 70. You got the NASDAQ up 126. S&Ps are up 27. Let's get inside the Dow and see what type of strength versus weakness we have. Point-wise out here, what you have, folks, is that you got Goldman Sachs putting 29 positive points, Boeing 16, you got United Health 15, Visa 14, taking away from it IBM minus 15, Chevron minus 15, and Travelers minus 11. We're gonna take a look at Symbol NEE, which is a next-year energy, the lowest 67, the highest 93. So they're coming out tomorrow, 22nd? Yeah, tomorrow, 22nd, with their numbers. And so let's take a look at this, baby. So I suspect what it's gonna try to do is get into, well, let's see, let me just see. So they're looking fundamentally, they're looking to come in with 5.2 billion and 75 cents to the bottom line. I suspect it's gonna try to go for the swing point up here. What this baby did is that last week, had the swing at 81.30, couldn't basically take it out. The swing we're talking about here is 81.49 that had 12 million shares. We got up there with 7 million, so it's gonna need more volume, but I suspect it's gonna go try to test that area once again. That, this equity there, bottom line is that, just like the market had come down, come down hard, that looks like it made a bottom though about two, two and a half months ago. That's how that baby's set up. Let's go over to the S&Ps again, because my take, let's see, what time is it? Yeah, see, this is perfect, man. This is when you wanna see the run, man. The bottom line is that it's been trying, trying, right, when we first got on the air, we were talking about the aspect of it could be the ABC. Bottom line, didn't have enough volume to be the ABC up. Making a run, it can even wait another five or 10 minutes. What you like to see, if you're a bull, what you like to see is that when you can run closer into like quarter four, your probability goes much higher, that you are gonna blow everything away. 330, it's a close call, man. It's a close call. The way that we've been trading, however, and the amount of angst that people have that the world's gonna fall apart, which I think we're going into a recession is no doubt about that. The market's deviant enough to just make this run, and we'll see where this baby's gonna shake out tomorrow, but next week, folks, the tech stocks like is one after the other after the other, and what we've seen is that you've seen the pre-announcements about how many tech equities are basically cutting expenses hand over fist. There was a good article yesterday on Bloomberg, and what they were talking about, they had, you know, they were talking about the aspect that most times what does happen in a recession is that companies wait for their recession and they start pulling back. And I can see exactly what they're talking about because when I'm trying to think back of recessions myself, right, and it seems like this recession has been telegraphed, right? So it's like, okay, well, maybe we won't have a recession. And I think we will because when you saw that yesterday Ford says they're laying off 8,000 people, man, when you start seeing those types of numbers, those types of numbers, folks are absolutely huge, man. And you know, I just, well, the bottom line is that 8,000 people is a lot of people. I mean, in the context of how many people in the United States know, but what does happen is that that won't be the only company that is laying off those types of people. And then on top of that, what you have is the aspect of that a lot of the tech companies have stopped hiring. It's amazing to me that when you start looking at some of these numbers, even when they're hiring, how many people they hire on a continual basis? I mean, how do you manage that, me people, right? It's like, it's just crazy, man, it really is. Let's go take a look at the, let's go take a look at a few gold stocks, okay? Since they haven't caught a bid at all. We'll start with Newmont. Newmont, you know, before this down draft, folks, Newmont was the strongest gold stock there was. And Newmont literally just came down 40%. You know, Newmont bottom line went from 86 dollars down to 51.95. We bring this back, let me put this back. Yeah, look at that. Okay, so, now this is pretty intriguing because if Newmont doesn't close tomorrow over 5303, that's saying, and hey man, that thing can still go to 48, 43. What was the low? 51, because you're in another range now. I mean, that broke the consolidation. Let's go take a look at an eco-eagle. Look at this, that's a problem. Man, this one was like a small ABC town. Hold it, let's see this. Okay, so this one's straight down now, last six months from 67 to 41, broke the consolidation. Well, that's a problem, man, yeah? You got, so picture this, man, an eco-eagle, it's only two points into the high of the low bar, but that folks, they can get out of that, because the bar itself is huge, the bar itself is seven points. But you get into that another couple more points and that would say we want to go to the bottom of the bar. Now, the volume contraction is also large. So let's go to Barrick. Barrick, it's amazing to me how actually weak Barrick has been. You know, Barrick straight line moved down from 25 to 15. Put this on, yeah, this is into the bar big, man. Oh, this one's, this is actually saying it can hit the bottom, yeah? The top of that bar was, oh no, put it monthly, sorry. Yeah, still can, this is, yeah, it doesn't help. 12 bucks, that can hit 12 bucks. Now, that's the bad news. The good news is one of our tigers, just to give you a heads up, you go to Pan American Silva, this is a good, this is, they got action hand, man. Pan American Silva, same deal. That went down from $30, we hit 17.26 last week, but see this volume pushing? You see it, someone's coming into the stock and that's not you and me, that's gonna be a fun, folks. 3.2 million shares traded. We hit a low with 3.3, that 3.3, yeah, this is cool, man, so check it out. Here you go. The high or the low is 17.74 in March. We hit seven, oh my God, look at that. What's that? Yeah, 17.74, we hit 17.26, every ejected lower price. You know, so now bottom line's gonna try to go higher. It'll get a little flack at $20, $21, but bottom line is that that is one of the first ones that I've actually seen that you're getting some traction into, because what should happen here, folks, the gold market is so small that when they get traction, it should look like Pan American Silva. You know, you can't hide when you start getting volumes, bars that expand dramatically. And then, of course, as you have the wide price spread, the accelerated volume, guess what? Bottom line, that is saying you're going to try a price, so let's go to EXP. We take a look at Eagle Materials, right? Is that right? Okay, so EXP, stay right there, folks, you're gonna come right back. Our phone number is 877-927-6648. 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Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. I'm Orion. Welcome back folks, Dow. Dow investors right now up at 76, you get the NASDAQ 125, SAPs are up 28. Let's go take a look at the composite. So the composite right now, oh look at this, I like this. Okay, so the composite blew away the swing point two days ago and the top of the next swing is 12,320 and you're only 300 points away from it right now. Bottom line, that's where we're going, man. So just watch how this shakes out, folks. So ICE on the composite is 12,555. Now let's go see what a 50% retracement is. 12,609. So watch this. You know what's gonna be really cool here, folks? If in fact we go for the swing point that I think we're going for, which is a June 1 swing point. Well, depending how we get there, so let's picture, my take is that we're actually gonna go for it tomorrow. If we go for it tomorrow and we get to that swing and the swing we're talking about in the composite is 12,320, well, that's past the point 3A2. When you go past the point 3A2, you normally go to the 5.0. So that sets up, you know, 609 and we'll see why that's maybe shaking out, but let's go to the Dow Industrial. So let me look at the Dow. So the Dow is just taken out. That's just getting over the swing, your first swing. And this bail, well, it's right at it right now. 31,085 and right now you're 70 points over it. We'll see what kind of volume we're gonna come in with today. And you gotta remember that we're not gonna get volume tomorrow. I mean, you're 3.9 billion inside the composite. We take a look at the NYSC and you're at 560 versus 980 and we got what, 15 minutes left. So that volume's gonna be light, man. That's the bottom line, you know. So when the volume's light, you get a whole price. We go, let's go take a look at the IWM, the small caps, small caps, they are interesting. Look at this, small caps, same setup. You took out the first swing, now you're going after the IWM, we're going after 190 or 181. Yeah, so this is good, this is pretty twisted, man. Meaning twisted in a sense, folks, that you come down hard and fast, right? And what we have done and we know that we tested this bottom so many times, this thing looks to me like it's gonna get some legs. And the sad pot, so that's the good pot, right? And the good pot is you wanna run it as long as you can run it. The real kicker is gonna be at every one of these swing points, you know, is there a turn that's gonna come up and bring us right back downtown? And it's gonna be about the doll. Let's go take a look at the IWM, because we know right now that the doll is running the deal. And the scary part about the Euro is that it can't get out of its way. The Euro is still at 102, 99 was the low, that 99 was hit five days ago, six days ago. It's not impressive what the Euro did today. Euro gets to a price point of 1.0180 and then gives up 4100s, 400. That's saying, hey man, you can go right back to the bottom. So there's a lot of good little dynamics that are happening in this market and they're happening very quickly. That's how this is shaking out right now. Let's go take a look at Angler with Shanti. So Angler with Shanti, bottom line, same in the gold market, same deals. This is a straight line move down from 26, five months ago. You're trading at 14.05, you know, we'll see whether it can get any juice here. The reason that I went over there is that what you had out here today, and this has happened all over the world, you had the South African Bank, Central Bank. Let's see what they, they went up on rates big time. I mean, they have huge rates over there anyway. Let's see where it was it. So was it right? I'll find that rate. Bottom line is that they also went up on their interest rate structure. Now they have a much larger interest rate structure than we do in spades, there's no doubt about that. You know, you start looking around the world and you can see, this is what's really cool too folks, right? You can see how we're in a one world economy in general because first everyone goes into negative rates, right? Well, a lot of countries do. Then they're basically trying to get the rates up. This is a worldwide phenomena that inflation is just raging. And so the real kicker is gonna be bottom line is, you know, how far they're gonna go, how fast they're gonna go and will they be able to stop the train? Now they gotta be able to stop, they have to be able to stop the train because the train will destroy everyone's wealth in about, you know, a year or two years. That's what it comes down to. You know, Tommy was talking about this morning he's social security. And there's no doubt if you're on social security, the bottom line is that you're gonna get end up, next year getting a raise from like 9% to 10 and a half percent. Now that's a monster number, right? And I'm sure, you know, everyone that's getting social security including myself would, you know, it's quite a raise, man. That's a big fricking raise, man. You picture this, if you go up like that for two or three years, right? The debt structure, they were worrying, markets were worrying somewhat in the aspect of, okay, just paying the baby boomers off period. Nevermind, you know, that you start hitting inflation and you start kicking in a 10% or 9% raise every year. I suspect we'll start seeing some articles about the aspect of how much that's actually gonna cost the government because it's a monster number. But there's no doubt about that. It's just an absolutely huge number. Let's go take a look at the XLE. So the XLE, earlier in the year, that had the good run, no doubt about that. Bottom line is that, you know, it looks to me that you might have had that oil top out, man. You know, bottom line, the XLE, you got a high of 93, you're at 71, you came down fast. You know, this is gonna take a lot of juice to get by the 72, 59. You know, the way we came down on the 17th of June is a very large number. And we got down there in 64 million shares. We tried to get back up. We went up with 39 million, couldn't handle it. In the last, yesterday, you went up with 20 million. You can see that as it's going up, it's getting weaker. So it's real possible what you had here is that you had funds that were running it all the way up, ran it up good, right, go rid of it, flipped it around, start taking that bread, going into the broader market, you know? And the SMHs, there's no doubt, the SMHs, they got smoked more than anyone. When you look at NVIDIA, when you look at some of these SMHs, I mean, the smoking was unbelievable, okay, on the way down. So even if they're a dead cat bounce, they're gonna go for quite some time. Dow investors up 118, NASDAQs up 146, S&Ps are up 34. Stay right there, folks, come right back. The technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. David White's investment newsletter, the technology insider, is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future. David White has made his living staying on the cutting edge of technology. His weekly newsletter will give you specific recommendations for value tech stocks, as well as entry prices, target prices, and stops to set for each trade. Dave delivers his weekly newsletters every Friday, with updates throughout the week. You can get the technology insider at tfnn.com for only $37.50. 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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. Subscribe to the Fibonacci 24-7 newsletter today. tfnn.com, Educating Investors. 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. Welcome back, folks, to Dow. Dow is up 114, Nasdaq's up 147. The S&Ps are up 34. You're gonna finish the highs of the day, folks. They're gonna run this market right up, and the bottom line is that this is the sixth day we'll be going higher. That's a long, that's a good trend, man. Now, the reason I'm bringing that up is that it, you know, when you get a trending week like we have, your probability is much higher that tomorrow this trend will continue. That's kind of how these things normally work. So we'll see how it does shake out. If we go take a look at the spy, you know, we were talking about this this morning is that this is a three-gap play. So this is what you're gonna have to watch out like at the hawk. The first gap, we're coming, the first gap down, we're coming into, which is 401-44 on the spy, or at 398. We go over to the NVX 100, we look at that, and look at that, it's buy it. I love it, $299. Okay, so check this out, man. The bottom line is that the Qs buy that one. So this market has legs, man. That's, I know it's bizarre. I'm telling you, blowing my own mind, but it has legs because what you have, and this is why you like to look at both indices, you try to look at it as much as you can look at that you think is a correlation. Well, the NVX is blowing away this $299 in the hype. We're 307, and man, this is going, man. This is going, and it's real possible. Your next leg, I see it right there. What is that? 317, yeah, 317 is ice. And so what ice is, folks, is this. Ice is, it's a white cough term, right? And it's where you've come down, okay? And then you break lower, and then you break into a new trading range, okay? So it's, you know, this is not scientific, that's for sure, you know? There's a lot of, it's subtle, okay? Bottom line is that I'll get you some better examples tomorrow, but once you really kind of understand it, you'll see it a lot, you know? At the beginning, just even the term is like, okay, what the heck is that, man? And I get it, folks, don't. Always remember, folks, to bank and claw your heart out, the bull can run you over, and thank God, there's always another trade. Health happens in prosperity, have a great night, have a safe night, come back and visit Tommy tomorrow morning, nine o'clock, kick us off, great show. Yeah!