 The following is a presentation of TFNN, the Tiger Technician Hour with your host, Basil Chapman. Call now toll-free at 1-877-927-6648. Hi everyone, Basil Chapman on this Friday. This is Friday October the 8th and we're looking at the Dow up 48 points at 34,802. Looking at that higher range above the 50-period exponential moving average, trying to go again, let me just draw this in a little bit clearer, trying to go into this Chapman wave inside track repellent zone one more time. It keeps touching the pink line and then reversals. I've been talking about this as an arch formation that should make a second arch formation, the pattern that I call the lowercase M, which makes a lowercase H, and then it repeats with a successful test above the previous most important lower, 33,613, around about September the 19th, and the last low was 33,785. So far it's making a higher low and lower highs. If at any point next week is suddenly associated in the 35,100 area, that's a breakout to the upside and that extends that. And really what it says, and this is what I was talking about yesterday, when you think of consolidations, if you think of percentage and time, I like to think of the vertical and the horizontal. If you're thinking of time as moving sideways, we've gone in the doubt from August the 16th, the high of 35,631, we've taken to today, it is almost, look, as August, then you go September, and now you're going to October. We are just about in, by next week, we will have been two months in a consolidation pattern, and we've really only broken 2,000 points to the downside. We're in the middle of that at 34,817. It's one of the reasons why for subscribers to an opening call, we've been holding the diamonds, the position that we still have, we're taking a little bit off the profit from, we start off with options, the day of the low of August the 23rd of last year. A week or two later we went into the diamonds, and we've been in those diamonds, that's the long side, one-to-one, the long side since then. But in interim, we've had short side, we've had the DOG, one-to-one short, we've had the long diamonds as rallies. We just missed the other day holding our third position just in one week on the long side. It just got stopped out, and then it saw from the 340 level to where we are right now, 348 in fact, it went even higher, it went to 349. Now what we're looking at is holding very nicely, and because of it, and one of the reasons why for subscribers, we've been adding long positions, we've built up a nice cash position. Now we're slowly starting to put back. I'm not putting everything back. There's going to be a lot of whoopsaws going on. We're looking at a sideways consolidation taking time, not price yet. So that's the doubt. The weekly chart, I should wait until today at 4 o'clock to discuss it, but in fact it isn't a sell signal. Technically I could call it a sell mode, but the line hasn't broken under the 14 period yet, so I'm holding off on that. And the monthly chart has made it peak D, and it's still holding really well. In fact, it's just one or two percent of its all-time high. Let's go to the S&P. I'm going to take a little time today. I just want to kind of give the good sense of where we are, and for subscribers to my opening call, usually I try to do a Saturday morning overview video. I can't do it tomorrow, and I will try to do it. I'll probably do it on Sunday. I'm not sure when, but I'll do it on Sunday. And I'm building up the resources to be able to say, these are stocks that I really like, and over a period of weeks we want to start. At least I want to give you some sense of what I want you to get into for the longer term. I want the outlook for the rest of the year. I want to give a sense of what I'm looking at. And since we are still only in leg B, maybe a peak B in October, if we don't go above the S&P, higher 45, 45, 85 made on September the 2nd, maybe we'll make a peak B and by November we're starting to rally again to start a leg C to the upside. I'm not sure yet. All I'm saying is that I'm looking at this because in the travel way methodology, buy modes tend to go at least to a leg D than a peak D, and they can even go higher to E, F and G. So minimum in a buy mode should go to a leg D, and we're only at a leg B right now, haven't even confirmed the peak B. So that's very bullish looking out. In the interim, we can have a lot of choppiness. So the key support on the shorter term is 43.50, but certainly at any point next week, for whatever reason, I don't know what's left on the table, but there's a lot going on. 42.78 was the low, a close underneath 42.68 says, uh-oh, we're in a sell mode in the weekly chart, and this is more serious, but we haven't gotten there yet. Let's go to the QQQ. I'm taking a little time now going through each one carefully. QQQ is red, minus 37 right now at 362.62. We took our profits from the short side. I'm looking to get back into this maybe next week, because I think the NDX100 still has a lot of choppiness and a lot of consolidation to do, and at the same time, yes, a question to Dan while I'm thinking about it. Hi, Basil, could you look at the trend? I got 2.44 read yesterday and today. So I got to listen to this. Yesterday, the day before on Wednesday, in my chapter with Tringage, and all it is, is Richard Arms Tringage. Actually, they caused the Richard Arms short-term trading index. I call it my Tringage because I only use the numbers. It's made up of highs and lows subtracted from up and down. So it has its own methodology. I couldn't kill it. Yesterday, it had a low. Two days ago, that was Wednesday, it had a high of 213, which is exactly the same high as a week before, 213. And we did get the rally in the market. And the day before yesterday, we got a short-term trading index reading of, that was 0.36. And today's reading is 0.39. Both of them are very low, and that suggests that the Dow should have a week open, go to negative, and then have a rally. It's exactly what we've got today. You can see it's missed a couple of times. In fact, that's only out of the high reading and the low reading. The low reading has had more misses this year than ever. Normally, it has like a 98% success rate. This year, because of the incredible force of up moves to spike and stay higher, we've had quite a couple of misses, very, very few on the upside. And what happens on the upside, if it's above a certain level, I always say that there should be, within two days, there should be an E-mini, S&P E-mini, 9 to 11 point rally that'll help the market. Even if it's down sharply, don't be surprised if there's a sudden big rally. And that's a real good clue to that. And as I say, it's missed on the... It's often happened on Options Exploration Friday, where the following Monday, because of news over the weekend, there's been a big spike to the upside and it hasn't come down to negative. And that's a few times. So what we're looking at here is... There's a peak C in the 120-minute chart. Yes, thank you for mentioning that. And it should go to a D above the 34,975 level. It doesn't have to, but the technicals are still good. I don't think we'll do that today, but it could do that very soon. I'll be back in a moment. Brasile Chapel, we want to look at gold. There's a lot to look at. I'll be back and we'll talk about it. Bye. 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. 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Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be. TFNN. Educating investors. Toll free at 1-877-927-6648 internationally at 727-873-7618. So we're back. So Gold had a really nice boot earlier on from the streets of Dobson. It was like 78 equal 4 and now it is trading up just 5.80 at 1764.7. But I tell you what is interesting about this is that the GDX which is rare right now at 30.75 still a gap up from yesterday is starting to see a little bit of technical veracity that says, yes, it is not in play for the big move but on a shorter term basis it's trying to build some kind of a base and we'll know by, I'd say later today, I don't think it's there. I think it's Sunday night into Monday in my show on Monday, at this time on Monday I think we'll have a really good sense because we'll be looking at something like an ASA work it's holding much better, it's up 31 and 19.99 we'll be looking at what else what do we want to look at? We want to look at yesterday what was working. Remember NG I said people think it's a natural gas this was finally putting back down 3 cents to 7.39 it's had a spectacular move but let's go to RGLD, Royal Gold and you'll see, just trying to get off the bottom nothing really big but I like the fact that and if you go to Bitcoin Bitcoin is having a very big session today it's up 3.75 at a new recovery high not all the time high, recovery high and it's holding so I suspect Bitcoin has got a little bit more to play but Gold is trying to find a base to say hey, at some point very soon I want to be in the game of having bigger rallies and just bouncing up and down and up and down so I think that look at Silver, you'll see what I mean Silver is trading up and it's holding steady it's up to 24 cents at 22.90 nothing big but if you look there's an inverted head and shoulders the MACD is improving, the stochastic is at 61% not 35% but 61% the unbalanced volume is okay but it is improving and you're very close, another two days like this and Silver could finally this is a continuous Silver contract could have a crossover and says you know what, I could try to fill in that ugly candle of the 16th of September the higher round number 24 below 22.58 and here it is at 22.90 so I'm just saying that we were looking at it yesterday and I said Gold is becoming more interesting finally Gold, the GDX is participating before it wasn't, it's just a good sign, I don't know when the big moving Gold will be because it has to do with the XLF, it has to do with a lot of things XLF is up 18 cents at 39.01 it brought to a new recovery high yesterday peak APB, I really have to call this could be an even, I'm calling it a B for now here we go, peak A peak B, I don't like to use alternate counts if it's going to get confused but if it just says it's clear I know my parameters, that's one thing but right now I I mean the MACDs, good stochastic is at 85% on balance volumes already, 90 is above the 14 so I'm going to call this a buy mode that should squeak to a C and then maybe even a D and the weekly chart broke out so this is the S&P financial spider fund, when and if it starts to really tank and go below the 37, 20 it's called a 3690 level I think that's where you could maybe see the general the global, the geopolitical side say oh oh financials are in trouble let's go into Gold they haven't quite done that yet they're using the Bitcoin as kind of a proxy for the kind of trading we had seen for decades and decades in the Gold now for at least when I say now I mean the last three years or so four years we're looking at a Bitcoin taking over that volatility trade that some people love that's the way it is I need to just quickly show you the IYT which is the why am I not getting that IYT which is the iShares Dow Jones Transportation Average Index Fund they've got to change that name pretty quite nicely it also is trying to show that the economy is not quite as bad the big negativity we see is being alleviated a little bit by price movement to the upside and as long as the transports are acting well even with containers being held up etc that's a good sign yes we've got that peak D in the Chapman wave methodology peak D in the Jets the US Global Jets ETF peak A leg B in the weekly chart with the UShape pattern holding quite nicely so I think there is a general improvement in the market and we've just seen so many stocks really get clobbered not just like the market 4% to 8% but individually 25-30% even and some of the real leaders before okay I want to go to the TLT quickly this is trading at 142.05 we've been looking at this and saying the peaks that were made recently and that would be that's a C now that's a B this is in leg C to the downside and in the daily chart is broken the rectangle this is the rectangle always move between 152 and 145 is now at 142 and that says in the dreaded H pattern in the Chapman wave methodology you can get now you can get the 1 to 1 okay there it is the 1 to 1 to the downside and what does that mean this is from this high right here to that low you could get I don't even want to do this because it's not a good sign you could get there it is the 1 to the downside and it says wow 138 139 to 138 is a possibility and if that's the case you're going to see this tnx.x really move to the upside look it's already broken out in the weekly chart this when the politicians talk about they say oh it's just transitory the inflation aspect I don't know where they are and where they're living but this is a sign that rates are going up it's a sign that it's impacting the Philadelphia housing index which is way in the H pattern on the left side is taken out the left side low last week this week is getting a little bit back in but this is just suggesting there is inflation absolutely everywhere the other thing I did not do crude I'm sorry here comes crude crude oil crude oil has gone to an alternate account normally I would just go with this and I would say that was pd pullback and then a new start for an up move and that's e-slash a is probably af-slash b is probably b g-slash c is probably c the only reason why I keep the alternate account here is because in this methodology in the Chapman methodology when the MACD had a pd just barely acknowledges that there was a pullback and continuous higher and the on balance volume becomes extremely overboard that's where you've got to be careful because that's where you can get your reversal at a peak g the seventh highest peak but in this case I'm keeping it as a g-slash c my suspicion is we had the two day pullback Wednesday and Thursday and today we had a new recovery high I have to tell you crude oil I'll put it together someone asked me about xle at the same time I'll do the xle also just squeaked to a new recovery high is this an f or is this a brand new I'm just calling it an f for now there's no actual cell signal cell sign and the breakout in the weekly chart suggests this could be headed towards a test of the high that was made in the energy s and p select energy etf of 5665 and that was made back in June and we plummeted down to the 46th level and now we are 10 points higher in a cup formation that's really a strong week I'll be back in a moment guys grab your son five days piece of food are you having fun trading the markets, but having trouble finding like-minded individuals to discuss your trading and investment ideas with become an apex predator in the trading markets and join the Tiger's Den trading room only at dfnn.com the Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. 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Using this first-of-its-kind program, the Art of Timing the Trade Chart allows you to scan thousands of stocks for Fibonacci formation setups including guardleafs, ABCs, butterflies and much more. 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 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 charts today by visiting TFNN.com. This segment is brought to you by Think or Swim. For more information just click the Think or Swim banner on the front page of TFNN.com. Hi folks, so Ethereum is trading nicely here. It hasn't gone to the high of the 3rd of September of 3869. It's a 34.61 ETH. E is a symbol, 34.61 up 26 cents. So it's in this high-level consolidation, but if you look at the pattern of the weekly chart, it's made one new shape pattern. If it's going to have the second new shape pattern, and this is a weekly chart, without taking out 2920 on a closing basis, it needs quickly, and that's a weekly chart. So I mean quickly meaning two weeks, within two weeks or so, I'd say by the very first week of November, it has to be about 41 to be able to say, not only am I going into another leg C, gray leg C in the weekly, but if I surpass 43.23 at any stage, that'll start a leg D. And that's what you would want, because that would be E in the weekly, in the monthly chart, and that incredible early move in the first, in June of 2019, when it opens at 33, 33 goes to $8.69, and then screens up to 67, 67.78. Now it was the other round, it opened, and then it screened up to the 67th, and then plummeted down, and then it went even lower. It went down to 466 and 411 in October, two years ago, 2019. So this is a nice steady move. Look, higher highs and higher lows, but you see these wicks. This looks like a biotech stock. I don't like that I was asked about a particular stock in the den just a moment ago. A-V-E-O, A-V-E-O. Keep your eye on the monthly chart right here. This is Ethereum. Now look at E-V-E. Look at that. You see, when I said like a biotech stock, we used to see this years ago. I don't think they're allowed to do anymore, but we used to see every month a big spike, and it was because there was a news release, and the news release was because, I'm just guessing, the news release was because they needed to pay their workers, and they paid them in options, and they could sell their options on the big spike, get out, and then see it plummet down. That's why you got, in monthly charts, huge single shadows, these legs to the upside with the clothes down at the bottom of the candle itself, and that's what we're seeing. So my only concern when I was looking at A-V-E-O is that for the Daily Mag-D to cross positive is a 643, it needs to get to the six, really needs to get to the 668, 670s, and fairly soon, and it hasn't yet done that, but overall I can see the higher highs and higher lows is a possibility. So I'm talking about that in XLE, wasn't XLE, XLE is holding very nicely at 5641, what on earth was I looking at just the moment ago? I was looking at A-T-H-E, oh yes, A-T-H-E, yes those big spikes, but you see this one tends to fill it over a period of time, and the other one wasn't, so that's the difference in chart patterns, we're talking chart patterns. Now let's go back to the XLE, this is a very good sign, very strong, Mag-D is good, Stochastic is flat at 686%, 88% on balance volumes are tad overboard. I think crude oil and energy itself is in play, I think it's in play for 2020 and 2021, and you just got to be real careful, I wouldn't be shorting in this area at all. Federal Reserve hates gold, it was their only real competition until Bitcoin okay that's a political statement in a way, yeah I kind of understand that, and Newmont Mining, a question again, Newmont Mining, look at this, a nice red candle earlier in the day, look great and now it's giving it back, so I'm just thinking that there's a chance to begin a little stabilization here, and then just very slowly over a period of maybe seven to nine sessions, you just see another move to the upside, trying to build a base, and that's really the most important thing about the GDX gold, and just see where gold is right now, now it's only up two, let's give them back a huge chunk of the game, so Tiptoe if you're interested in gold, I'm advocating just tiptoe in, see what happens and don't treat it as the play until it starts to show you signs of holding gains, that's the most important thing, we've experimented today, we're experimenting with a position, a very very tight stop, I don't care if it gets stopped out, I don't care if it works, I care if on Monday or Tuesday we are still holding the position and it's starting to stabilize, that to me would be important, that's the only way you can do it, you have to have a test case, FANG I had a question about FANG which is the diamond back energy, look at that, it's like all the others, it just keeps going and going, wow talking about the energizer buzzer, energizer bunny, a leg D in the monthly chart, I don't know if this is a leg B in the week, everything about it says I should keep it as a B, I can have an alternate count because no it took out the left side, it took out that low, did it, now that was an overlapping wave, so this is really the starting point, yeah this is still in play, just for now I'm going to call it, you don't have to worry about the B until you worry about the the deity and the deity says strength at this point and it means that this particular strength has turned 109.69 FANG 109.69 up $4.57 up 4.35, one day, it's just unbelievable, I'm calling it E for now in the deity chart, NACD is a very good on-balance volume, extremely overboard, stochastic is flat at 91%, this is great, it's just looking at, I know person asked me has been in this for absolute ages, shaped my head, oh you sold half, no don't, no I think, look how were you to know, you're doing money management S&P, so maybe half was a little too much, but taking profits in a stock that's moved up so sharply on a big percentage move, there's nothing wrong with that, what I would do is split the half that you took off into two sections and say if this pulls back, it's at 109, if it pulls back in the next two three weeks between 98 and 95, I will put some part of that back and that means you've got a good 10 points that you've just gained by putting back some of it, and even if that becomes a top of more intermediate term, it doesn't matter, you can deal with it, but let's just deal with it when it gets there, you've done fabulously and it still looks good, and you've kept the half, that's fantastic, let's say questions have come in, okay Baidu, so I said yesterday I can see a balance coming, yep there's another balance today, it was one of the better ones, we were looking at Baba, Alibaba, also a balance but I think the chart formation of Baidu is a lot better because it never even got close to the left side low, FXI, FXI is the, this is the, now why, oh is it going to become a problem, I'm going to have to do something about it, yes, okay, FXI is up 32 cents, also had another, it's had a gap up yesterday and now it's followed through to the upside, so I'm going to draw this in, I don't know if this is going to be accurate, but I'm going to draw it in to say this is the pattern I'd be looking for, an arch formation, a little mini arch and then a larger arch and then it comes back and it might be a successful test by November of the 37 support, but if it goes from 39.90 the FXI, this is the ICHA's China Large Cap ETF and it spirals into the 41.30 area, 41.80, that's this, you know what, that's really much better action and the digestive phase that it's had, could be saying I might be consolidating but now I've got the upward bias to establish which stocks are really good and when we come back down, those are the ones you want to look at as potential bias, okay, I'll be back in a moment and we're looking at, yeah I've put it two years ago, that's Jeff, thank you for your questions, Awa. 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That's TFNN.com then hit Watch Tiger TV. Hi folks, we'll be back. I just wanted to check on. I said I would check it out over the coming two days and we'll look at it again on Monday. It's SDC. This is the Smile Direct Club Inc. It's trading up 22 cents at 682. Look at the range it had today, 709 and 641 on a percentage basis. That's a big move. But look at the weekly chart. Time alone is going to take it out of that downtrend line. So I said just maybe just start a little nibble on that. I still feel that way and maybe by Monday we'll have a good sense of how it holds. Just purely on a technical basis. Remember I said on a fundamental basis, there are all rumors, all sorts of things that are going on. You never know with these things. So we look at it purely on a technical basis and I'm pleased that today it's holding well. That was really important. After that candle, Chapman Wave Roman candle that we had yesterday, if there was a move that held under 646 for about an hour and a half, I would say be careful. It'll take out that left side low. This is so far good action. A bunch of questions came in. DBA, what was it? DBA, I know your own DBA. It's got the grains. What's it got? DBA is the DBA Agricultural Fund. We're along from the 13th way back in July of last year. So it's over a year. We're taking just a little bit off at 1493. Red is at 19.45. It's holding really nicely. And I must say, I never know how it's going to hold it, what's going to hold it, because it rotates. I don't know what the percentage is on. I don't even want to look. I just like to look at the chart. But look at this wheat dust, wheat pulling back. We're still holding in the upper range at 740. It's down just three quarters today. It needs to get to the 768 or higher level. And then I'll say that is very good action, but it's holding well. Soybean is trading up nicely. Well, that's helping today. Up 10 and three quarters at 1258. I want to see this, trying to get to 1282, the 200 period exponential moving average again, which was the magnitude went up and down and up and down like a little yo-yo until it pulled away. And now I want you to see it get back there. It's going to be tough to do that soybeans continuous contract. Khan, as we say in the Boston area, Khan is up just a dollar quarter at 535. Made a peak C1. This could be a C1, C2. But actually, I think it's holding very well. The 90 is still very strong as a MACD. So I think it has a chance by next week if it can go about 544, that's about nine points higher than where it is right now. That'll be the sign to say it's going to make that leg D. And if you look at sugar, I mean what else is there with sugar is, just in the sideways move, not doing very much. Someone said, could you look at CC, which is this is continuous contract of cocoa. Said a really strong move. Look at the weekly chart. Peak A, peak B, leg C is going in the monthly chart towards the upper band in the 2, 800 area. That's a 2741. It must hold 2681 as key support. KC, which is KC is the coffee, had a peak C, and then it pulls back and goes peak A, peak B. Oh, there's a leg D. And it's made a peak D, holding very nicely. Now it's in a range. And I think the range is at 200 right now. I believe the range will be between 215 and 180 over the next two, three weeks. And if it can break either one of those, that's the direction it could continue in. So that's that. High grade copper, high grade copper had a very nice session yesterday and another one today. Oh, the question came in, could I look at TGB? To sake of mine's periodically, we own this one. We don't have it right now. TGB, so high grade copper is in the upper range of this level, going towards 430 and it's trading at 427 and really strong 415 support. Yeah, so this is leg D and TGB. And I would just suggest you have this as a long-term position of the questioner. I want to know about it. Just leg D, the last one pulled back from 201, very sharply under the 200 period, moving average for two days and then rallied up and then went back again and ready back up so that whole 166 areas support. And it's a 2.00 right now. TGB trading unchanged at $2. I like this, but if it does pull back, I think the 192 to 185 area should be very good support. If it takes that out over the next two weeks and starts to pull back under 175, high grade copper is going to be telling in the same story internationally as many of the other areas that have been consolidating. But this is still way below the 267 high of the 15th of the week of the 15th of May. And it's in the lower range consolidating, but not breaking down, holding very nicely. I hope that helps you there. Question came in. Question, question, question. Where did I went to go with? Oh, NEU. NEU is New Market Corporation. I love the stock on a short term basis. The reason I got to it is because I thought it was NUE, which is a new call. And new call with all the steals is just being hammered. It's just, it's getting no play. Why? Because they're not really talking about infrastructure anymore, unless you got the big bull and the big bull is going to have just, I don't even know what it'll be, infrastructure. So that's why it's in a holding pattern, NUE, but NEU, keep in mind, it is, look at this from the low that was made back on the 19th around about the 19th of September, it's gone peak A, peak B, and in a leg C above the 200p moving average. And that means it could store here a little bit, but that weekly chart is starting to improve a lot. So this is, I don't know what they do. New Market Corporation, I suspect they have something to do with New Market Corporation. I don't know what they do. But I think this is something to keep in mind as a trade, but I probably would say to you, the question is just, what about it? I don't know whether you're long, short, any, if you're long, just hold it. Let's look at it again, maybe Tuesday of next week to see if it's held, it's a 354. 10 points below the 344, that's going to be key because if it breaks under that, it says not just the shorter term, but on the weekly basis, it could pull back a little bit further. Right now it's holding so well, I'm just going to say hold it. Oh, add? No, add to it. I wouldn't add, even though it's a leg C, I wouldn't add to it right now. Well, let me put it this way. I don't know what your position is. I don't know what your whole thinking is. If it's a very short term position because it's a leg C, right here at 354, I would add, this is a different question. I would add because it should pull back and then make a leg D. That's if it's in a chapter with buy mode and everything about it says it isn't a buy mode. Circassians said 90% are looking terrific. The weekly chart is something different, but on a daily basis, yes, I would add, I'd probably have a 15.5% stop initially. I'd like the C to continue into Monday. Then you've raised the base and then when it comes back for D, this C could go on for two days or who knows? Look at this leg A we're going for seven sessions. So I'm just saying to you that 200p moving average with 351, keep in mind that is an important magnet and very often until the price clears that hurdle and pushes away from it in this case, 359 or higher. And any pullback doesn't even break to the 353 level. And then it goes even higher. That means it's using it as a propellant rather than a magnet. So I hope that helps you, but in the longer term position at this point, don't touch. It's looking very good. Question came in. Oh, could you do the TLT? I thought I did that. Yeah, TLT broke to a low, a low. You know what? As we come back from the break, I'm going to get up my, the chalk and hands that I show subscribers over the weekend. I'll do this now because it's so important. So the downright now is up 30 sbs of two and a half. We just stuck in a range of this particular point, but there is, yeah. You never know. Oh, and we'll also look at some of the app policies. Tiger TV. Live every market day from 8 30 a.m. to 4 p.m. Eastern. For free. Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be. TFNN, educating investors. 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This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. I've worked for the last segment to go, so there's a lot to cover in the Chapman Wave methodology. We look for the lowest low. We count each success of the higher peak. You can go to seven peaks higher to ABCDEFG sequential alphabetically. It's at that fourth highest peak, peak D, that other things can happen. How important is a D? Come on, give me a break. How important? Look at this. One minute chart of the E-mini back at about 6... What was that? Yesterday at 1600, it goes to peak A, B, C, goes to a D. Right there, 2100. That is last night at about 9 o'clock. Then it pulls back, pulls back, and then it goes, there's a 10-minute E-mini to peak ABCDEFG. Boom, what does it do? It pulls back very sharply at 3.10 this morning. Well, it goes where? To the 200-period moving average. Did you need that before? No, only when you need it, you need it. Look how many times it's been hit, and now it's using it as a propellant at a peak D again, right there at 8.40 this morning. Look at that sharp pullback. Now you've been in a rectangle formation because you trade within the rectangle formation after 1.32 o'clock this afternoon, trading above 4400. That says, hey, maybe you can even go a little bit higher. If you start to pull back, that 43.86 200-period moving average area has to be support. I got that out of the way. Let's go to this here. This is my three time frames, my three triple weekly chart pattern, the weekly chart of the yields. Look at this strong leg gray B in the 30-year, the 10-year, and the 5-year. This is already a C in the 5-year. Look what it's done to the wood, the eye shares. H pattern is holding the 50-period moving average support. Better hold there. And look at this. The left side low on the HDX is being tested right now. Very important moments. Now, just as we're going to wrap up, you're going to go, of course, to Larry Pesavento. I hope you have a wonderful weekend. I won't be able to do the update right now. We'll just repeat through the update from 10 a.m., but we're almost the same area. So with that said, watch the Dow. The Dow is holding above 90 more after two o'clock. That says it could be a good close, but my suspicion is we're going to be stuck in the range for now. I'm waiting for the weekend news. Have a wonderful weekend, and check out my opening for all my daily news then.