 30 day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up tfnn.com, educating investors. 727-873-7618. Now, Larry Pesevento. Okay, looking good. Billy Ray feeling good, Lewis. We're going to take a look at the stocks from yesterday, the E-mini S&P. Several people asked me to point out some of those smaller ABCD patterns that we were looking at. You can see here in the morning, we had the first one, then we made new lows and we made the ABCD three drive to a top pattern. Up here at 4067 and we were on the show there and I said, that's where I'd be looking to sell it. We went up to here, folks, and then after that it backed off just a little bit in the middle of the night and it had one hellacious rally. And we want to take a look at that because I think it's important when we see these things, the way they're rallying, you've got to follow what's happening overnight because, you know, they have huge moves. I mean, just absolutely huge moves. Now, what I'm going to show you now is basically what we did all night last night. Now, we didn't quite make the 382 pattern. We missed it by eight handles. That number up here, we were supposed to be at 4782, I believe we got to 4772 somewhere in that ballpark. And then you can see, you know, it gave up the ghost and broke down. We completed the big ABCD down here at even money at 405. We went a little bit lower down here to 469, 470, 3969, 3970. Folks, something is wrong with the stock market. I hate to be a breaker of bad news, but my goodness, boys and girls, this is not looking good. It really isn't. Maybe it'll reverse today and go back up at Golly G. It's got so many things happening to it. You've got to be very careful in here. Now, there was one thing that was really super duper important, and that's what we had here. We talked about this yesterday, and I want to bring this up because, you know, if you can learn from this, just like I do, I learn every day. That's what kept me young all these years. Now, this is the NASDAQ as we were yesterday. And I said, we want to look for to get a 382 up in this area right here, or failing that, look for what pattern would be like to see boys and girls. Little Johnny in the back of the room has raised your hand. What is it, Johnny? It's AB equals CD, Mr. Valentine. Well, by Golly, shut the front door, and that's what we're looking at. So now what we're going to do is we're going to go and we're going to look at this because, believe it or not, let's get it. Where are you, Mr. Shut the front door and raise the rent. I got it written here somewhere. Oh, dear. Now I've lost it and my beepers are going off. There's what I've got. Here's what I want to show you. Here's where we were. And I want to get this up here to see what's going on here. And by the bing, by the boom. OK, there it was. You see a perfect ABCD in the NASDAQ last night around. I think it was around two in the morning. The trading gods had put me to sleep, so I didn't get it. My beeper went off. But by the time I got in, the beeper was 100 points lower than that. So it didn't make too much difference here. So let's remind ourselves. Hold on here a second. They're yelling and screaming me here on something. OK, that's what we're seeing here as we get the stocks are getting below the 61 percent retracement of the range now, which is not a good sign. That number comes in at 3978. We start getting below 3978 here, folks. It's not going to be a good sign this late in the day, but that's still a little bit early in the day. Now, we've had a bunch of things happen overnight, not just the S&P. The Dow E-mini missed the 3-8-2 by well over 150 points. The NASDAQ missed it by a lot on the 3-8-2, but it made the ABCD. The E-mini S&P made the ABCD and then also missed the 3-8-2 retracement. So the question is, how do you trade one or the other? I like to trade with the 3-8-2. But you know what brought me to the promised land here, boys and girls? You know what that number is? Hello, operator. Yeah, yeah, yeah, yeah, you got it. It was a 3-8-2 number, and that's the one you want to be focusing on here. I've got to turn off my machine folks because my beepers are going nuts. We're breaking below these key levels and the old cowboy is a press in the market. Anyway, let's let's forget this. Let's move on. We got a couple others. Remember yesterday we were talking about this one to get ready for something really big to happen to this one right here, which was none other than the crude oil. Let's get this up here to see it. There's the big ABCD. Remember, we went right down to the 3-8-2. Remember, we talked about that. Look at the ABCD structure up here. It's 96-60. The high was 97-12. Well, boys and girls, it ain't 97-12 no more. It's down 10 percent today. Read in my lips, 10 percent. Was that George W. did that? Never did like that guy. Hold on, like his son, but not too much, your man. Let's get back up here and take a look at this one right here. If you have any questions, 877-927-6648. And you'll be up to see where we are here. There was the move in the middle of the night. There was the first 3-8-2 retracement right here. There was the second 3-8-2 retracement right here. And we've gone down. We've dropped well over six dollars a barrel. Now, that isn't bullish. It's good for the people in the UK, because I'm going to tell you a little story here right now. We have friends, of course, in the Isle of Man, one of which is John Jameson's. John's not involved with this, but we have a mutual friend over there that is a very, very large house. It's 12,000 square foot with a heated garage of 3,000 square foot, where he keeps his cars, OK? His heating bill, folks, has gone from 400 pounds a month. Remember, 12,000 square feet and the ceilings are 60 feet high. 400 pounds a month to 2,500 pounds per month to heat his house. Now, he can afford it, but people that see that type of increase four or five times what they've been paying, they're not able to do that, boys and girls. They're really not that that is not that is not in the card. So this is big. I hope we're going to have one of the warmest summers we've ever had, but I don't know if we are not. OK, now let's move on to a couple of other things that I think we need to talk about. And one, of course, was the wheat yesterday. We had the same thing happening in the crude oil that we had in the wheat. We had that beautiful, just the pattern was the same. I know I'm just doing this to remind ourselves that be ready for when things happen. Now, we had to move to get up into this area right here at 849. And now we've down about 22 cents today, completing another ABCD pattern. So those are the ones that we're watching and we watch ABCD. That's our bottom line thing that we look at. But remember, long term, we've got some big things happening in these markets, financials and the bond market. Oh, my goodness. You want you want to see a dead quail, boys and girls. Look at this one here. We've been buried this one since Hector was a pup and that dog's nine years old. Hold on here. Well, it's actually only been three years. We've been buried that ever since they were telling us about, you know, the good old negative interest rates. We couldn't even make a 3-8-2 on these last few days, folks, with the Federal Reserve out there. We couldn't even make an ABCD. Now we've taken out the lows in the last five days. Higher interest rates are coming, boys, and girls' steel cash-carrying guaranteed it. We'll be all right back, poison girls' 877-927-663. Time of booming inflation. We are purchasing powers eroded. There's no better place to protect your harder-earned money than ain't 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 tier-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-oz 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, dearest partner, ready-development stage gold project. This, the gold trades on the New York Stock Exchange under the symbol VGZ. Steve Rhodes started his trading career as a student almost 20 years ago, and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn, and he shares his vast amount of trading knowledge every day in his Mastering Probability Newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's Market Newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability, 30 days risk-free today. TFNN, Educating Investors. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open. To give you the competitive informational edge, you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights today, and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com, TFNN, Educating Investors. At 1-877-927-6648, internationally at 727-873-7618. Okay, folks, I've had the request to take a look at Silver. Most of you that are trading with the 24-7 realize that we've been bearish the gold for quite some time. We were selling it at the 3-8-2 at 18, excuse me, 17-73. We're now trading at 17-35. We think we're still gonna get down to around 17-10 to 16-95. I posted the chart of Silver. Steve Rhodes mentioned it on the last time, but it is extremely weak, boys and girls. As you can see with gold coming down, Silver's absolutely collapsing. Being where it is is a very, very, very low level, but I still think long-term we're gonna be okay, but we gotta wash out this stuff. We gotta get Silver maybe down to that 1,500 level, and then we're gonna take a really close look at it, that's for sure. Now, I've had a request, I don't wanna do this, but when I have a request, I'm gonna try to honor it, and that is they wanted to take a look at what the AI, the artificial intelligence is looking at in the E-mini S&P here today, and it's interesting because we'll be at the end of the show here to see if it's going to happen. So, we'll get this up. Now, this comes right out of the Floor Traders Handbook folks, this is nothing more than the time, key times of the day, they usually happen right after the opening, as you can see right here. The other one's in around 10 o'clock. Here's your midday, right around noon, when we get off at two o'clock today, with two hours to go, we should be bottoming in the S&P at that point, so we need to watch that very closely because if it's true, we could be looking at a rally towards the end of the day, and we've seen these things rally last night, folks. I couldn't believe it when I woke up this morning and saw that the S&P had gotten from 40, was it 39, 90 years, no, no, no, it was 40, 40, 29 to 40, 72. When I get up, it was like, it was already down about 30 points from the high because I overslept a little bit, but that's what it's happening. Anyway, we'll watch that for a key time of the day. We should be making new lows here between now and the next 35, 40 minutes. How much? I don't know, no one really knows, but let's talk about something that's in the news and that is this heating problem that they're having around the world, especially in Europe. I wanna bring natural gas up here because if you're not trading this, folks, you're missing a really good deal. Let me just show you why. The margin on this, this was from yesterday. This was the 382. The market went down 5,000 and up 5,000. That's a $10,000 move, folks. That's equivalent to 200 handles in the S&P and it did it in one day. Hello, operator. You getting the picture? This is what we call volatility, volatility. So what we tried to do this morning was to go into the natural gas and follow it along just to show you how it hits these numbers that we talk about here. We're gonna be doing a lot of this when we do the day trading thing on September 20th. My sainted mother's birthday. Hold on one second and get this up here and be able to see that boy. She was sainted, let me tell you. All right, we'll move this up here. I have one question, I'll cover this in a minute. Here's where we were. We broke down yesterday. This morning, we rallied up to a 382 retracement to the absolute tick and then down another $4,000. So we're waiting for this to come in here right now because this would be an ABCD and it would be a double ABCD because you have an A, B, C, D coming in right here. And someone's asked the question, why am I only showing the ones that work? If I showed you the ones that didn't work, my show would have to be nine hours long and I haven't got that much time. I just picked the ones that I'm looking at boys and girls, the simple ones. You know, you're going to find the ones that are easiest to look at and this was one that looked relatively easy just like that crude oil trade. You know, the crude oil rallied up exactly to the 382 at $93.60 a barrel and immediately dropped $2,000. I mean, hello operator. This is a, you know, they don't always work but when they do and when they do, those are the ones that we'd like to see how they work and that's the real key to what we're watching here, looking at some of these things here today. Now, we have a question, actually request to take a look at the German DAX for what's happened today. This comes from our good old friend, Mr. Tommy Terrific who guard, you'll see that it is acting much better than the US stock market even though it is weaker. It's acting better and it's having a little bit of a bounce just like we had this morning and that's basically all it's doing. Nothing more, nothing less. These markets bounce around on the slightest bit of news and that's what we try to see is how we're going to handle this news as it goes through. One other question I wanted to bring is this is super important, folks. I'm gonna, I should put this out every day. Should be on my business card actually because my old compadre, Mark Douglas, made me live this dream and I wanna get this up here. It's his favorite quote, folks. Honest to God, it really was. And other than Amy equal CD, that was his favorite. But after this, it was this quote right here. It says, when you really believe that trading is simply a probabilities game, the concepts of right and wrong no longer have any significance to you. And folks, that's what it's all about. Do you know what your biggest problem is if you're trading and you're losing money? I can tell you right now, you're watching the GD screen too much. Try to wean yourself away from watching the markets. And the reason why is with these programs that they've got now, they tell you what your equity is within a heartbeat, right? Well, hello, operator. That doesn't help you at all because all that money is doing is changing your, what do you call it, your way of thinking of things. And that's not a good deal, boys and girls. Honest to God, it isn't. Practice it a little bit. Chest the old cowboy on that, okay? Just don't, you don't have to be, you don't have to watch it all day long but start out with baby steps. This is what I tell people to do but they don't listen to me. So that's not unusual. Put a 15 minute chart up and only look at 15 minutes. Go do something else, do the lawn, wash the dishes, do something else, kick your dog, walk your dog, whatever it is. Come back in 15 minutes, okay? Then wean yourself to half an hour. Okay, when you get to an hour, you're gonna be, have a lot of peace of mind and you're gonna be able to monitor your positions a whole lot better, at least with the 30 minute chart. So that's a big deal. So pay close attention to that. It's not, it's not rocket science but boy, I'll tell you, it's very important not to watch those things go up and down. It really isn't. Mr. Shane comes on and says, in Larry, we trust only if you must. Hey, I is a poet and don't know it. I makes it rhyme every time. We gotta have the Shane man on next week. By the way, our guest on, on Thursday will be Stan Harley. Our guest on Friday will be Peter Elides. And our guest tomorrow will be Shane Smollion. Hopefully he will take the exception speech and be on our guest tomorrow and show us what, show us what he's looking at because this dude has been super bearish and we wanna hear what he's having to say and then we'll be able to see it. So hopefully he'll be able to be on the show tomorrow and we'll always like to hear what he has say. By the way, if you do come on Shane, please go over the Bradley model. We've had several people ask about it and I don't, I rely on you on what the Bradley model's doing. So let's, let's keep that in mind. Okay, one other thing across the pond here, a market that's held up incredibly well considering they're under the gun and that is the UK. We'll be right back, 877-927-6648. 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 and bond markets. New subscribers get a 30-day money back guarantee so you have nothing to lose. Every Monday morning I publish the Gold Report with coverage of gold, silver, bonds, the XAU, HUI, GDX, as well as more than 30 different mining equities. To see for yourself the types of profitable trades that are recommended within the Gold Report, sign up now by visiting tfnn.com. Don't miss out on the next great gold trade. Sign up today. TFNN is excited about our new software charting program, The Art of Timing the Trade Charts. In collaboration with Tom O'Brien and using his best-selling book, The Art of Timing the Trade, your ultimate trading mastery system, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, The Art of Timing the Trade Charts allows you to scan thousands of stocks for Fibonacci formation setups, including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade Charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 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. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority in technical market analysis, and it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 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. 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. Okay, I posted the chart of the footsie folks and the footsie's holding up incredibly well, considering all the news that's over there in Europe about the cost of gasoline and the cost of heating oil and the cost of natural gas and all four cameo appearance just early in the morning to talk to us a little bit about the state of the market and the Bradley model and stuff because he's rather busy, he's under a deadline. Anyway, let's keep talking about this footsie here because there's so much news in Europe. We don't get it over here, but The Guardian is one of the famous newspapers over there and they're talking about the fact that the heating bills for people are going up from 100 pounds to 400 pounds. Now, that doesn't seem like a lot folks, but that's tripling. I mean, and some people over there, these are people that are on pensions and stuff like that and they're not gonna be able to pay their heating bills. They have a choice between your heating bills and eating. So it's gonna get nasty, but like the news always says, maybe the price of crude liquor at $91 a barrel now or low was back here at 87. A little bit below that, shucks. Below 87, folks, you're looking at $65 crude oil. Hey, if it can give up $5 a barrel in one day, it can give up, go back and take those lows out, no problem. Look what we did overnight in the S&P. These markets are acting. Something is out there, folks. I keep saying that there's some type of an event out there. I don't know what that swan is, whether it's black, white, pink or green, but there's a black swan event coming. It could come from China, it could come from Ukraine, it could come from Russia, it could come from China, it could come from Tampa, Florida at TFNN. I don't know, but something's out there. Somebody's out there selling this stuff and you know, I'm a little tiny cowboy. I mean, I'm a microman, but anyway, these boys are getting rid of this stuff. You know, we've seen the chart patterns, how bearish they are. I mean, that's just technical stuff. There's something that's causing it, folks. I mean, I haven't seen it this way. Let's go back again and I'll show you the whole program again because I shared this with my good friend, Tom Hougard over the last night or so to remind ourselves where we were here because I wanna bring this up and just to show you where we are. This is a 2008 market. Tom had been working for City Index. He quit in August of, they moved. They quit the promotion stuff that he was involved in at TFNN or CNBC of Europe. And so Tom was on his own. He started there and they gave him 18 months. They loved him so much, they gave him 18 months severance which allowed him to trade freely. He didn't have to worry about money and stuff, but I believe where we are was right here, folks. Right where this 20-man line thing is, that's where I believe we were the other day when we left that island reversal. That's where I think we were. We're in the midst of making this move right here and then if we get this one and if we get this one, if we get this one, this little five week rally like this at a three, eight, two, you're gonna see me on a soapbox that I haven't been on since 2008 because that'll be the one that if it's right and if it's right, that's your falling safe right there. And those are the ones that pay all your bills for a long time, college education, whatever it happens to be. Now we were fortunate enough to sell this stuff back in January, got incredibly bearish here on that July run into August 11th, 12th that Stan Harley was talking about. Jeff Hughes was talking about it. Peter Lighties was talking about it. I was talking about it. Basil Chapman was talking about it. Steve Rhodes was talking about it. David White was talking about it. And this could be, as Mr. Shane Smollion says, it could be in the words of David Niven, the big casino. So let's go, that wasn't David Niven, that was Humphrey Bogart, also a Yale graduate. But anyway, you'll notice here that we made that big bottom down on March 10th, March 9th, no matter what happens when this thing is over, it's gonna have some of the best buying opportunities we've seen since 2009. But there's gonna be some pain. In fact, the pedal reserve, the guy, the dude, what was his name, Powell said, hey, there might be some pain for the little people. Hello, operator. Everybody, it's the little people, raise your hand, of course. You know, if you see your 401Ks or your 206-5s, whatever they are, go down in price a lot, that's pain. It's exactly what it is, no more, no less. So remind ourselves that. Look at the bond market, folks. The bond market's falling out of bed, right? That's not any good. Where's the flight to quality? Where's it going to go? I don't know where it is, but nobody else does either. That's the whole key. So remind ourselves that's what we're watching here. So very, very important to pay attention to these things here. Market is backing and filling all the time. Now, the low that I talked about this morning here with the artificial intelligence program doesn't come in until 15 minutes after I'm off the air. So if we're making new lows around 15 minutes off the air and we start to rally, buy that because it's gonna have, it'll have a high probability of working, but if it's not working, 10 minutes later, and that's two, that's five, two-minute bars. If it's not working, 10 minutes, in other words, by from 12, let's call it like it is, two o'clock, from 2.15 to 2.30, if it's making new lows after 2.30, nana, kaka, no, no, shaisa-sensei-gomi-hosan, you don't want that one, not very good at all. Okay, now, just back and forth here, just for a lot of fun, since we're watching something that I happen to be interested in and I'm gonna bring it up here in just a minute so you folks can take a look at it because it's one of those little patterns that we really like. Hold on here and we'll get this up here and take a look at it, you'll be able to see it real easy and I'm just gonna draw it in so that you're able to see it just as clear as a little bell and we'll be paying attention to it right here. So hold on, I've got to send it to the people that care over there and I just move that over here like that, here it is right there on the front page and we're gonna be looking at a beautiful AB equals CD in the old crude oil up about 92. You can see the low that we made down here, there's the A, there's the B, right down to the 618 and there it is right there and you'll never guess what that relationship would be off of here. Let's just see if it holds, okay? Because the beeper just went off because it just sold it. Now, if it's gonna work or not, don't know but we're gonna certainly be watching it, that's one of the things that we wanna be doing. That's what I do, folks. I watch 15 minute charts for little tiny patterns and it tries to get me to the promised land. I've been pretty lucky. Ah, someone asked a question. I wrote it down here on my bucket list. What are the two main things on my bucket list that I want? I've done just about everything I've ever wanted to do. I've traveled the five continents, I've seen all the crazy places down in Bolivia and also in Peru, God, Peru was unbelievable with, oh my God, Sexy, Guana and all those those places. Oh my God, Matsu Pichu, oh Matsu Pichu. You think the pyramids are cool? You should see Matsu Pichu, 14,000 feet and they built this giant city with temples, with boulders that you can't even believe how big they are. Okay, now let's get back to what my bucket list is. Number one on my bucket list would be a segment on CNBC, five to 10 minutes on astro cycles. That'll be coming. I don't know if it'll be in my lifetime or not but I think it'll be coming. And the other one is, are you ready boys and girls? Contact. I'd like to see one of the ET extraterrestrials land on the White House lawn and say, yeah, we're for real. They don't have to be the White House lawn, they could be here in Tucson, Arizona but at least make contact, it's sure. Yeah, there are people out there that have been here for a whole lot longer than we've been here, that's it. All right, back to the medication boys and girls. We'll be right back, eight, seven, seven, nine, two, seven, six, six, four, eight. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices, selective stocks and commodities. Subscribe to the Opening Call Newsletter at tfnn.com. The Opening Call Newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the Opening Call Newsletter by Basil Chapman in your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. tfnn.com, educating investors. 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 valued 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. Sign up for David's newsletter, the technology insider, and get an inside look at everything the technology sector has to offer. Try it risk-free today with our 30-day money-back guarantee. tfnn, educating investors. Biotech is booming, but for how long? Whether you think the Biotech bull has room to run, or has run its course, trade LABU or LABD, Directions Daily S&P Biotech three times bull and bear ETFs. Visit directioninvestments.com slash biotech today. An investor should consider the investment objectives, risks, charges, and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact Direction Shares at 866-476-7523. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors, such as traders and active investors. Distributor, Four Side Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Okay, folks, I've been asked to take a look at two of what I think are the most bearish stocks that I can see. The first one is Microsoft. I posted that showing you that big island reversal, just like we had on the cash S&P and so many other things. That was last Wednesday. And if you'll remember here, take a look here. Uh-oh, I think was making new lows because I see the clock on a wall telling me that's what's happening. And it is. Okay, where's my good buddy John Hill? God love him. God, he's 96 and he's not with us, but he's still with us. Anyway, let me turn this off, boys and girls. I have to turn the limit-minders off on these things because we are making new lows as we expected. That'll happen here at 12.15 another half an hour. We should be making lows for the move. But if we're not, then boy, look out. And it's gonna be dangerous down there. It ain't gonna be easy. It never is. Hold on just a second here. I gotta turn this one off too. Okay, you'll notice here, the Facebook, they got major problems, folks. I saw Mr. Zuckerberg on the tube the other day about his sware with the FBI said we've got some fake news coming in on this Hunter Biden thing and you shouldn't talk about it. And so they didn't. And of course, we now found out that the gentleman that was in charge of that FBI, oh, let's forget about that. That's politics. I don't really care about that, but someone told me about it. So I got it for men to forget it. In one year, out the other, because I don't care. I was a ABC man and that's all I be. It's all I be. One other one that is extremely bearish here of all these stocks and that is Netflix. All right, there's where we are right up in here. I think I told you the story back here when it was $700, we were having some work done and the gentleman had a lot of it on and he wouldn't get out of it. He said, no, he said, this is in my retirement. Well, it's retired, okay? But we just made a 382 back here, just like the rest of the stuff. And all's not all that was heading back down. Everything's heading back down again, folks. This is something is not right out there. Am I wrong at this? I mean, hello operator. What am I missing? You know, come on, I'm not a rocket scientist. I mean, you know my IQ is 160, but don't forget I had to take it three times to get it there. So anyway, let's remind ourselves that something's gotta be different out there that people are selling and selling and selling. Remember, this stuff is operated by BlackRock, State Street, Capital and Vanguard. They control 66% of darn near everything that goes on out there. The problem is, what if those people that they have money with, the $27 trillion, what if some of them say, I would like to get out? Hello operator. Do you remember? Way back, John, John Moneypenny, what was his name? John, I can't remember, long-term capital. Somebody with a really strong memory. They started with money. John, money, something or other, at long-term capital. They had two, what were the dude's names? They were Nobel Prize dudes. They won the Nobel Prize in economics and they ran the whole thing. And it was doing great, except for one thing. They forgot about liquidity and it took the Federal Reserve to bail them out and they went tapioca, they closed the shop. John started some money or something. I can't remember what his last name was. It's not money in the name. But he started another fund and it lasted only a year and didn't go very well. But hey, everybody starts over. I'm not saying positive or minus or not. I don't really care about that. I'm just trying to get away from the stuff I said about the FBI. I promise not to talk about politics anymore and I'm not going to. Anyway, those are some of the ones in the bank section that makes the things look really bad. There's not one good one in the whole thing. Here's Google, you know how big Google is and this thing's two days late. So it's a whole lot lower already from this. We're probably reaching down to make that target that we thought we'd get down into here. We're probably there today. But that's what we're seeing here. And so these markets look extremely bearish. That's all I can say. And I'm sticking to it. This morning on Bloomberg, on the Hong Kong section early in the morning, I heard a gentleman in Hong Kong say that the bear market low was in. It finished up on Monday when we were down there at 4006. He said that low will not be taken out for several months. And that's when the S&P was up 45 handles on the day. And it was up 60 handles from the bottom well actually 55 handles. The harmonic number in the S&P is 25. So 25 times two is 50. Because if it goes to 50 and goes again, it'd go to 75. But he said it will not be taken out. Two hours later, it was taken out. So just because someone says something, including me, I'm the worst culprit of all. But I will tell you this. When I'm wrong, I'm flat gonna tell you. I say, whoa, get out of the way. Jose, we don't wanna do that. But that's what we're paying attention to here. We're in a situation folks, this is a falling knife and you don't wanna try to catch it. That's the bottom line. You just don't wanna try to catch it. It's a real toughy. That's the main thing to pay close attention to. We made a really sharp low down here and the S&P. I don't know if we took out the lows of the day or not. I didn't hear that beeper. The beeper went off on the Dow Jones, but it didn't go off on the other one. Let me try to update my thing here. Yeah, we did. We did make a new low in the, not in the S&P. Yeah, we did. We made a new low in the S&P and we've already rallied 10 handles. So we'll see what happens here. Very interesting. We just rallied 100 points in the Dow. So somebody's trying to buy this. Now the crude oil I noticed here that we got up to our price level at 92. We're now trading at 91.93. And that's gonna be an interesting one to pay attention to too. So we'll be watching it very, very closely. Someone's asked the question, what happens if this low I'm looking at comes in at 45 minutes early? Happens all the time, boys and girls. You have to let the market give you some idea of where you are in the trade and then decide whether you wanna be a buyer or seller. That's the main thing. We've actually rallied just 100 points here in the Dow Jones in, I think, two minutes. How long has it been? In six minutes. Doesn't take, that's because the shorts are scared to death. You know, right? Of course they should be because the market rallied 60 handles last night. And that's not unusual too. So let's remind ourselves of that too. Okay, next question. I have one other one that I wanted to share with you from the FANG group that I think is relatively important. And that is our good friend, Tesla. And this is a split stock. So folks, when you see this chart, don't laugh because I don't use trading view. I still use Ensign for everything and they don't make the corrections on this. So when you see that price level down here, don't let it fool you. But I did wanna show you that we made the 61% retracement here on Tesla the other day. And it has actually held up relatively well compared to all the others. It's held up extremely well in here. My goodness, the clock on the wall says we're almost done here today. So let's wait and see what's happening here and we'll do one thing at a time. But Tesla, this chart, this part down here is not, this has not happened, folks. This is just a split. This is where we were and we backed off just a little bit with the split stock. I wanted to bring that to you, man. That's why I don't trade stocks. It's just too confusing. 877-927-6648. Vista Gold owns and operates the largest undeveloped gold project in Australia, the Mount Todd Gold Project. Vista Gold just completed their feasibility study, resulting in a 7 million-ounce gold reserve. Vista Gold has all major permits approved and has retained CIBC Capital Market Assistance in evaluating alternatives and in completing an accretive transaction. Vista Gold trades on the NYSE American and TSX under the ticker symbol VGC. Vista Gold, executing strategy to create shareholder value. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at tfnn.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman and your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. tfnn.com, educating investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at tfnn.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pesavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years' experience as a day trader. 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. tfnn.com, educating investors. tfnn has launched the Tiger's Den, hosted at Discord. tfnn has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. The Tiger's Den, available to all tigers and tygruses for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of tfnn.com. Don't forget, you can listen to tfnn live on your mobile device 24 hours per day. Go to tfnn.com and hit Watch Tiger TV. That's tfnn.com and hit Watch Tiger TV. Okay folks, I wouldn't be doing my due diligence unless I share this chart from our good friend Jeff Huge of Alpha Insights. This shows you the island reversal folks. This is a one, three, five pattern. The Dow Jones was absolutely perfect with the timing of it. And we've had the island reversal trapping everybody. And now we've started to move down sharply. I were, you know, we've dropped a lot more than people might have thought folks. Stop and think, we were at 4235 and we hit a low just a few minutes ago of 3964. That's 200 in some handles in two days. That's not a, what we call a bullish scenario. So anyway, that's what we're paying attention to so far today. I hope that helps. Remember, tomorrow we're going to have Shane's Moleon as a cameo appearance. On Wednesday, excuse me, on Thursday we will have Stan Harley of the Harley stock market letter. And on Friday, don't miss, because all day and the whole program will be donated to Mr. Peter Eliades. I'm sure he'll have some wonderful things. He's been traveling, but he thinks he'll be able to make it on Friday. So that'll be fun. Remind yourselves folks to live every day in an attitude of gratitude and try to help your neighbors. Because my goodness, I mean, there's a lot of people out there that are having a whole lot of trouble and there's a reason for that. There's something wrong out here with our economy. We saw the price of lumber that I posted last week. And then I posted it on Monday too. The price of lumber has dropped in half and the price of concrete has come down. The price of iron ore has come down. You know, so that's it. Now, if you shorted the crude oil up there at that 92.15, which was the top of the ABCD pattern, you don't want to let that get above 20 points above it, folks. So if you see a trade of 92.15, 35, 92.40, you take a small loss and say, ha, we'll listen to that guy anymore. And that's acceptable also, because they don't work all the time. These patterns, none of them do. So let's remind ourselves of that also. So we'll see you on the flip side tomorrow. Our guest will be Shane's million and live every day in an attitude of gratitude. And may God bless.