 The following is a presentation of TFNN, the Tiger Technician Hour with your host, Hazel Chapman. Call now. Call free at 1-877-927-6648. Five votes. Call the Chapman Lovers Tuesday, September the 21st, and it is Tuesday. If somebody's not kept thinking it was a different day, it's Tuesday today. And we're looking at the market having a very strong rebound from about three o'clock yesterday. Let me just show you something very interesting here. Let me just get to this. So here's the half-hour chart. It makes a low, it was the E-mini, this December contract, made a low at 4293.75 yesterday at 15.30, so that's about 2.30 in the afternoon. And then it started to rebound, and rebound very nicely now. I love to do this. You can go to Naked Charts. If you have a template of, say, Chapman Wave methodology, look, from that low, it went to a peak A. What do you expect? At least you're alphabetized, you're sequentially each higher peak. At peak D, you expect something other than rallying could occur, that's where other things can happen. But if it does, you just continue your wave count and you have to monitor it. And then you can use just real simple techniques. So the half-hour chart goes peak A, pulls back for about, what do you think, for about five, five half-hour bars, two and a half hours, and then it goes to peak B and pulls back. Let me get rid of this here, I'll add to that later. And then it pulls back and it goes to a leg C and a peak C, just afraid you could miss this if you aren't really adept at looking at Chapman Wave methodology and you haven't got an automatic notation because that looked like it was a parallel high, but it wasn't. It went to 43.68.25, the very next bar at a high, yep, had a high of 43.68.00. So that makes a peak, peak C. Then it goes to peak D and pulls back again, 25 cents. Goes to peak E at that particular point with two doji candles and right there, two doji candles and a bigger candle that almost has a doji look. So be real careful, wait a minute, this is still in the strength and it lands up going to what? A peak F and that is the sixth highest peak at 43.95, 75, at five o'clock this morning. And then it starts to pull back and that pull back sees a big candle, you know what I normally do with a big candle like that, especially a doji type candle, is I outline the perimeters outside the wick high and the wick low and we'll see it doesn't break the top, doesn't break the bottom, well it's breaking the bottom as we speak. So this is it. So what I did as I was notating it, of course I wasn't up before but just very soon afterwards, I drew this in and I said, oh fantastic, this is the Chapman Wave inside track repellent zone. This is the technique that I developed years ago when I started hand charting. It seemed to me that very often the price goes right to a particular point and if it's a rising trend you can draw a trend line and then a channel line if it's parallel, remember a channel line has two parallel lines, otherwise you've got trend lines. In this case this is an inside track repellent zone and it gets there and it breaks down and what happens it reverses sharply. So the E-mini has made, I believe this is quite a serious near term top at the 40, 395.75 high and now we're going to be watching this very closely and that as I say is a naked chart but you could do it anyway, I'll grab gold. Look, gold you've got from the low that was made at 22, that's 8 o'clock in the evening on the 19th. He goes peak A, peak B, peak C, peak D, peak E, peak F and peak G. G is never an H, G is the 7th highest peak, you have to use an alternate counter at that particular point and then it stalls and it has a little mini, peak A, peak B, peak C and a peak D. D is where other things can happen, boom pulls back. Now it's gone peak A, peak B, it's in leg C, there's a 30 minute chart, there should be a peak D and then we'll see what happens. Just choose anything you want, did that, did that, did that. Let's go to the VIX index, I haven't looked at that but let's just do it. The VIX index goes from the trough that was made at about 2 o'clock on the 16th, it goes peak A, peak B, peak C, peak D and then it recycles in a chart and we've incidentally restarted with peak A, B, C, D and an E and it pulls back sharply and it goes all the way to the 28th, plummets down, this morning goes under 22, now it's at 24, 28th, selling has come back in. So I like to do it, this is just the notation of the price based on the Chapmanian methodology but wait a minute, remember we were using the Chapmanian inside track repellent zone, well look at this, tell me this isn't a repellent zone. So I'll make this green because you go above that, that's very positive. You go under it and that says be real careful, you've hit that resistance level 1, 2, 3, 4, 5, 6 times and now you're breaking down and there it is, plop! And look at that sharp move down from the 28th to the 21st. All right, so I just wanted to go through a couple of things people keep asking me, can you show the Chapman Wave live just as you're doing it and whatever it is so that we can, we've begun to use it but we don't always get it right, one question is, where are we in the Dow based in your Chapman Wave methodology? So let me just do this, we had a peak E-top of 35,631 August 16th, it pulls back sharp to 34,690 within four sessions, then it rallies sharp to the 35,510 area, that's where we weren't sure we were long on the rally here, we were long before, we are a core long, way from 23rd of March of last year, but this is a short term near what I call a countertrend position and we're short, we're short all the way from that, I was on the 26th I believe, yep the 20, let me just check that out, 26th of August, so that's right here, 26th of August, right there, so we went short and ran all the way down to 32,613, we're short, we're in a long position, one to one long DOG and we're still short and I don't want to do anything, I thought this is going to fail, there could be an H pattern but we've got a trend change, a title change I call it, on the shorter term, not the intermediate term yet, although there's really every single bit of evidence that my weekly chart has made a peak G, I'm going to put it down arrow by Friday, well let that go because it's only Tuesday, we've got all the way to Friday to go, look you went pink in the 9p removing average under the 14, let's go to the S&P SPX, so there we go, S&P cross negative, it's in a cell mode, it's given back a huge chunk of the gain, it went from 45, 45s and the second of September, remember I always say that tops are made in a rotational fashion, but bottoms are made sequentially, tops are made sequentially, bottoms are made in unison, within a couple of days almost all the indices make a bottom, so I'm not sure it says sound, I'm not sure about the sound as it's working or not, I'm hearing the sound in YouTube, I'll be back in a moment folks, I will continue doing this, I see no rush because I think that we're in a digestive phase and what going on alongside yet to be very specific, I'll be back in a moment, 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 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 What's separating you from the most successful men and women on Wall Street? That's right, information. Having all the information gives us the perspective we need to place the right trades at the right time. 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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. Call now toll free at 1-877-927-6648 internationally at 727-873-7618. Hi folks, we're back and a bunch of questions come in so let me just choose one time. It does up 129, so the QQQ is up 70 cents here. Most importantly, I think that when you're looking at your Amazons, look at this Amazon, it's just cannot hold the gain, it's down 10. If you're looking at Apple, up 58 cents after attempting a balance after really getting smacked with a huge cap down 157 all the way down to the 141-ish area, I just think that these things need a rest. So you're looking at this rotation. This rotation says there's no hurry to get back into stocks if you've taken profits and if you're out or if you are holding cash and you say, oh man, I've got to get it. Just to have patience, you're going to get some of the stocks that you missed that were absolutely fantastic. So have a look at DocuSign. Yeah, look at this DocuSign from the 312-ish area down to the 262 trading at 270. You'll have time, you'll have just, you'll have time. Put them on your list and look to see what you want and make two prices. One is a price that's realistic and one is a price that's just so totally off the wall that you say there's no way because you never know. There's no way you sometimes win when the market starts to become vulnerable. That's all I'm saying. And if you're afraid of missing out, then tiptoe in now. I mean, that's all that that's the best thing to do. You tiptoe in saying this isn't the best time, but it is a time. It is part of my plan and I might be early, but I know I'm early. I'm expecting that there'll be a pullback. But just in case it starts to take off from here, I want to at least have my foot in the door and then I can reassess. That's just another way to do it. Some of these things are pulled. You know that there have been corrections in this market of 15, even 20% even more in some of the fantastic stocks. So this is a digestive phase, a very important one. So let me just quickly finish this off. IWM, the Russell 2000, I think it's headed towards the lower part. It's now, now it's unchanged, now it's up 4 cents. 270.31. I think it's going towards the 214.210 area. That's really important to see. How is it able to sustain this rally that never went to the back to the top in the 233.35 area? It did stop with 230. Now it's coming down. That says another arch formation that just keeps testing the lower rungs of the rectangle and then it goes up towards the higher part. So it's digesting gains. The monthly chart says it should make a leg D at some point in 2021 and it could be quite strong, just need patience. All right, let's get back to, I was looking at gold. Gold has a nice move here up 11 and 17.74. Still stuck within a range, but it's trying to hammer out. I think I love that hammer out some kind of a base. And as I say, it's in play, but more kind of a near term, in and out, in and out. I just don't see the big move yet. I could be wrong because that falling acts in the monthly, in the weekly chart suggests that at any point of a source to trade in the 1810 area, that's 30 points from here, 35, that would be really positive. But it hasn't yet, so we'll see what happens. Looking at silver, so gold is up at 17.75. Silver's up 22 cents at 22.42. Way weaker, it went to a lower low, trough E slash B. And that's in the daily and in the week, in the weekly, it's A, B, C. This is leg D to the downside. Just acting very poorly at this particular time. Let's look at the at a high grade copper, high grade copper is oh, oh, oh, that is really painful. At 4.02, down 0.09, the four red candles where it was holding so well just the other day at the 440 level. And now it's down 4.02. Whoo. This is the dreaded H-pad. No, man. And that's not a good sign because if you look at wood, which is the ice is global and timber forestry, ETF, international, this is global. Like copper, global. It's had a huge plunge from the 92 area to the 83s and now it's trading at 84.91. It's really struggling. So it just says, nothing's changed. We're short, the dial was short, the queues, we're trying to get short one of the indices. Just missing it all the time. It's a pretty we'll get there. In the meantime, back in the range, let me go to this. The dollar, DXY, that is pulling back a little bit down 8 cents, 8 ticks at 93.16. At a peak C, a gray peak C, no, no, the 84% is stochastic. This is blue. This is in a buy mode. We should attempt to get to the 93.50s very quickly. We'll see what happens then. Platinum, sure question about the platinum. This is a really good candle. That's the reason why I'm sure you're looking at it. I would like to think that platinum continues contract up 37 at 936.80 after that huge red bar yesterday plummeting to a lower low after that peak G C top peak G top back in, I think it was a March or April in the 1350 area. And then giving a more than a one-to-one to the downside. This is the second iteration. So this is almost another extension. I would like to think that this is from the technicals, the magnies improving just a little bit is still weak. Sycastic is terrible at 12%, but it has crossed positive. The on balance volume is making a positive W formation. Mike, I don't know if you're interested in buying platinum. If you just want a general outlook, but I would look at platinum. It's in the whole area of commodities, which have really been under pressure. Even the commodities in the DBA, the grains, everything's been under pressure. And even crude oil. So looking at this as a buy, this is just a nibble at 939 right now. I would have to give it a 918 to 20 points. Oh, that's just way too much for me. The 20.90 how much the translates in the futures, but a 20 point risk. I don't like that. But what I will say is this, that based on the 120 minute chart in leg B, and the technicals improving 83%, and the magnies good. A nibble right here at 938.60. I don't know what kind of stop you would put in, but you have to figure out the stop. All I'm saying is that this is the potential for a bounce. I can't say there's a potential for a move up that goes to a new recovery high above the 1025 whole resistance area in the 1020s and it breaks it. No, just a starter position. I don't think it's, I think it's early, but yes, for a bounce and a trade, a quick trade. Yes, 938.20. If you want to get in, I personally would wait. I'd actually wait for the weekly to confirm that it's making at least a gray leg A. And of course, it hasn't done that yet. You have to wait a whole week before it can do that. So it's a starter of a bounce. It's had too many of these, but this one with the one to one to the downside suggests that the selling is a little bit, a little bit overdone. It's a little oversold and it can bounce. I'm not sure that it would have to close above 952.50. 951.85 is the fourth degree of moving it. It would have to close nicely above that, probably even more 953. For me to say, hey, now I think you've got at least a countertrend ready at three to five sessions of bounce. All right, I'll be back. I want to look at JD, which is JD.com, Chinese retailer and a couple of good questions about that. Alora, I want to go to LAUR as well, follow up from yesterday. I'll be back in a moment. 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 tfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows. Interact with other tigers and tigers as they share trading ideas, news analysis and discuss the market action all trading day. 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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 guardleaf, 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 going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of the art of timing the trade charts today by visiting tfnn.com. Well, just as we're going to that, let me just do this because I promised a couple of people, quite a few people actually, that I would do things each day during my show. The show, the Chapman Wave, look, this is the NQZ and it went to a peak E in the 30-minute chart. And look at this. If you put in the technique that I was just discussing earlier on, there's the Chapman Wave inside track repellent zone and it hit it and then it tumbled. So these techniques, you can learn very easy techniques. How much do you have to know the Chapman Wave methodology? Well, in the beginning, you're going to make it as simple as possible just counting the notation and D is where your objective is to get to D and then other things can happen. So there's your D, other things can happen and it rallies again in almost like a right-arm extension to the upside and then it fails and it comes back down. So these are techniques that you can keep in mind. I'm just going to do this with platinum right now, PL, platinum is gone, peak A, peak B, peak C, peak D, peak E pulls back and then it goes A, B. Now, this is very interesting. You see this bar, the low is also the high for a notation. Normally, I'd have to wait for a higher low bar to be able to start a new wave count. In this particular instance, I'm always very conservative in the futures. I tend sometimes to take the low bar, not always, but when it's in an up move like this and say, well, to be safe, this is going to give me A, B, C and this is a D right here. And that's the reason why I'm saying monitor it closely. 93.40, 938.40, it's in this bar that the most important things can happen and normally what I would do is grab the outer bars there. So, okay, now let's go to our question was, I do want to go to LAUR first. LAUR, this is from Laura, I think it was yesterday, and we were looking at LAUR, which is Laureate Education Inc. Now, in the field of education at this particular point, I think this is very important. As a theme, I like it. As a chart pattern, it made a peak in as pulled back in the daily chart, holding very nicely. And what she had said was that it had this fantastic dividend. Oh, am I going to find that? I'll just put this in. Let's see if I can get it. Now, I'm going to put fine to see if it finds it. It had a 7% dividend. I just didn't have a chance to follow. I did follow through on the chart formation, but I didn't manage to follow through on the dividend. So, Laureate, sorry, Laureate, hi, Bowser. Can you please take a look at LAUR if you have a chance? I'm in at 17.80 and I see it's pulling back a little bit. I maybe take just a tad off to be cautious, but once it has a special dividend of $7 and a penny, a shared plan, this seems to be good, too good to be true. Can you clarify the downside risk to this thank you, Laureate? Well, I don't know when you have to hold it, Laureate, if you could just give me a note to say how long you have to hold it for before that extra dividend is payable because 7% in a stock that's in the educational field, I like this. It's kind of under the radar. A lot of people are going to do extra work, a lot of education in this particular time. I like it. And I think that as a result, I'd like to hold onto it, not me, but you. I'd like you to hold onto it, but I don't say just now. It's crazy to say take a little bit off if you're holding it as a dividend stock, because if it has a dividend stock, you want to apply X amount of money to it because you want to get that dividend. And here I am making it saying make it smaller. Well, small means smaller dividend amount. This is really tough. All I'm going to say is I love the action so far. I actually love the fact that today it's down 2 cents when the general market's been so much higher, but it's holding way above yesterday's low. I'm just going to say I don't know how you can play this to be safe and aggressive at the same time. You're being aggressive by wanting the 7% dividend and going into a stock alongside in this particular market environment. But at the same time, there's a safety factor that says it's held very nicely. It's only a leg C in the weekly chart. Could make a peak C this month, and we don't know where a peak C can pull back to and before it makes a D. So it could give you a 10% loss before it gives you that 7% gain. So this is really tough for me because you're talking a mix of fundamentals, a mix of technicals. I'm going to go with the technicals and say to this moment I still like it. I don't feel embarrassed about saying take a tad off because that's kind of mitigating some of the risk factor. If in the end you don't get full 7% because you're out the stock and you only in the end make 3% or even 2% in a market like this, 2% is great. That isn't your purpose, I know. So Laurie, I'm just saying to say here, good eye, you've done the job so far. I don't know what your parameters are for the risk because going from 1780 down to 1708 this morning, we're looking at there's your 10% that I was talking about 17. No, what am I talking about? 7 cents from 70. No, 5%. So you're giving up some of the gain already. That makes it really tough. But as a chart, you're just saying to me, I like the chart, I say, you know what? I'd like to stay in as long as possible. But if it starts to close at 16.80, 16.70, I just don't think it's worth the risk. I'd rather wait and come back for that leg D, anticipated leg D. I hope that helps you. I took a little bit of time. So let's go back to GD. JD. JD.com, Chinese retail, I believe is one of the biggest retailers in China. Now, this is going to be very interesting because if you look at JD.com, 74.38 up 25 cents right now, did make a peak F in the Chapman wave methodology at the 8408 level on the 7th of July. It's pulled back. Not bad. It's pulled back to the 73.02 level yesterday. Now it's running a little bit. I suspect that this is so. The question came in about, oh, I have to try to find it. So Jason wanted to know, is this something that I'd be looking at? Is held well? And he thinks that as soon as China shows any sign of strength, this should be one of the big gainers. I don't disagree. Now I'm going to do this in a broad sense. Look at Baidu. It has the same pattern, sort of the same pattern, but it's been in a much longer consolidation in the 350 area. It got almost cut in half down to the 135. And it ran up to a peak D and now it's consolidating. But if I put it together with the FXI, which I remember I drew the pattern, I said, lowercase h can go to a lowercase m. Watch out if it takes out the left side low. It did that yesterday. That left side low of the 27th of July, a 38.24 was taken out yesterday with 37.60. So 86 as a low yesterday. So that's saying China isn't ready yet. The FXI, this is the big cap, the large cap, China fund, high shares. And that just makes me a little bit cautious. I don't think I'd be jumping in just yet on a China stock. I like the action in JD so far. It's way above the low of about 60.61. It went to the 84 area. Now it's trading at 74. Well, I can say, yes, I agree. But wow, Mike, I don't think you need. You've got so many American stocks that have risked Henry War. I don't know why you'd want to take a chance on the China, because it'll be overnight. There's nothing you can do. Hold off from now. Let's wait for a much better answer. That's only up 62.67. So I wouldn't take any of our positions to raise them. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating, Tiger Real Estate can help you make the best decision when it comes to all areas of the market. Before you make one of the biggest decisions of your financial future, call Tiger Real Estate LLC today at 727-329-8322 or email us at Tiger at TFNN.com. That's 727-329-8322. Call us today. The technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. 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It's perfect for this hour because this is Tiger technicians hour and I like to do analysis to say what can you do right now? Where are you? What are you looking at? So the question was Dave White had a fantastic for his subscribers. I'm just reading what was in the written in the den. Someone said ARQQ. Wow. And then I looked at the stock. I looked at it yesterday actually. It was almost going to be on my list for today. I don't know if I want any new any new positions today. And so what I was looking at was within the context of ARQQ, which is ARKIT Quantum Inc. Quantum encryption technology platform as a service, making communications links secure against attacks. And to me anything to do with the cyber security and this I think this is what it's all about is really important. So the question came in from someone that well the statement came in congratulations to Dave. Someone that got in the 15 and got out at about 30. Fantastic game. That was like I believe it was Dave White's recommendation. And I'm looking at this and I'm saying you said 2691. What would you do right now? Well, I've done some kind of shorter term analysis on it because I too was looking at it. I gave up the chance and it went to a peak A, B, C, D in the 120 minute chart. It actually was even an E, but that could be an E slash C in the alternate count in the chamber because the stochastic zone is 74%. It should go back to 80% or higher. And the MACD is good. So the question was someone said, where would you get in for the deity? It's in leg C. Where would you get in for a leg D? Well, first of all, this is still C. If it makes a new recovery high above 30.99, well, that's the high today. But if that's the high all the way through the close, then tomorrow if it goes to 30.31 by one penny, it extends us leg C instead of having got to a peak C. But if there's no new high, that makes a peak C. So I love the techniques. I love the story. I love the fact that it's in this particular market right now. It's in a sector that's completely independent of the market and it's in its own orbit. I love that because it's saying, yeah, I could do anything, do the analysis and not in a fundamental way right now, but in a technical way. And technically at 2687, all I can say is, why don't you can't get a full position? And what I mentioned is, why don't you have a little nibble right here? Yeah, I would personally have a stop of $1.30. That's a little bit bigger than I would like in terms of the position, but it's a very slow, very small percentage. It's a high risk stock because it's so volatile. It was down in the 14, 13, 11 area just a week ago. So this is now hit 30.99. So but nibble right here, 2676. And you can see it rise. And if it actually starts to rise, you can increase. As it moves up every 30 cents, you could increase, you'll put your stop in where you're comfortable on the original position. And then just each one has its own separate stop. And that just makes it simple because it moves so quickly. $1.50 down, it could be in a split second. $1.50 up, it could be a split second as well. And that's really, if that's what you're training on, let's go to Mike and Almond Beach. Mike, how are you? Good morning, Basil. I'm looking at Zoom. Do you think we're close to a decent bottom? So this is very interesting. Zoom folks, this is of course Zoom. This is, for anyone who had anything to do with meetings or just getting together, Zoom video communications, video conferencing had a spectacular 2020 to 2021. It made its all-time high at $594 something, what was that? $588.84 back in October. And then it had a little bit of a dip. And the dip was down to the 275 area. And then it ran up to just over 400, and it came back down. And that's made a dreaded H pattern at 276. So now this is the thing. I believe that Zoom is now part of Alvinacula, just like DocuSign is. It's really important that it has made the kind of inroads that it had. It's actually speeded up by at least five years of technology that would have taken that long, but this way you had not just our country, but around the world, you had people doing this kind of technology. There's now a lot of competition. So I don't see it going back to the new all-time high at this particular point until it gets something that is so specific to Zoom that it is almost proprietary. And at this point, I don't know if they had that technology, they had something like it. But I think in Microsoft, there are a whole bunch of people that have worked at this and worked at it, and they've refined it. So it seems to me as a trade, I'd be looking at it, but I don't think it's right now. It's at 276, it's down four today. It's in the process of trying to make some kind of a base. What I would like to say is, if you're looking at this as a three to an eight-week play, it's got so much to do on the upside, besides the gap that it almost, it's just a spectacular gap. Folks, one day's trading, this is the one day was on the 30th of August, this trading between 348 and 339, it closes at 347, and the very next day, it is at 295 to 288. And it filled in just a tiny bit of that into the two, three or three area, and then it came down. So this is just saying to me that they don't have the priority that they had earlier on of being a leader in the field, very little competition. So I would have to treat it only as a speculative bounce play, and I don't see that right now. So to make it real simple, I don't see anything. The technical start to improve and the price couldn't hold it on the dating. The technicals on the weekly are really bad, and the technicals on the weekly say that if it takes on a monthly basis, if it closes below 270, 273.20, the low of the week of the 14th of May, actually even on a weekly basis, if it closes below that, it just makes the upside, it lowers the cap on the upside so that 300 to 305 is tough. Well, 10% gain is a 10% gain. I just don't, I think it's more of the 3 to 5% risk than a 10% gain I'm seeing right now. So I don't see anything just yet. Yeah, I'll keep an eye on it, and I'll see what it does if it gets down to 273 and see if that holds its support. And I'm very flexible, Basil. I don't commit to a long-term trade or anything. I get in, a lot of times I watch it on a 10 or 15-minute chart, and then I use very tight stops. So I mean, sometimes I might get into a position two or three times in a day and make these little chunks of chains of that up at the end of the day. So if that's your modus operandi, I'm going to say this is a perfect environment for that right now. So keep in mind that it really has to test successfully. I give it a few days even to test, but if it does balance, it could be a pretty quick 15-point to 22-point balance, but have a little patience. Thanks for calling, Michael. It was a pleasure. Good luck. So, folks, if we come back for the next segment, this is a couple of things I want you to do. I want you to explain the dials down, down 14 points, SPS down six. This is a bare phase. Remember, I've been talking about that for a while. 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. 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The Tiger First mortgage program may be just the program for you. The Tiger First mortgage program pays 7% per year, paid monthly. For more information, you can call 877-518-9190. That's 877-518-9190. Show you something here. Look, there it is. We've got the gold contract in the 30-minute chart in Leg C. I just did this real quickly. People in the den saw me do it live. A, B, C, D with the Chapman instant restart potential, but you continue the letters in a sequential way. E, F, and G. There's never an H. G turns around and it drops sharply, and then it makes another low, and it starts like a rectangle. There it goes. Rectangle, A, B, C, and D. Then it pulls back sharply, and it drops again to the 1750s, and then it starts Leg A, P, K. Leg B, a lower high bar makes P, B. And now it's in Leg C, and it's going right in Leg C, going to this resistance line, suggests it's going to take it out because you still have to go to it. You don't have to, but that's the Chapman methodology. There's a real good chance. So just a couple, quite a number of people have said, hey, we like that very much. Something new. I've been doing this here in this hour at different times over the years, 11 o'clock then noon. No, 10, it was 11 o'clock then noon, and then we went back. It went to 10 o'clock. So I've been doing this for nearly, what, 19 years or something here at TFNN? It's fun to go do something completely different. So this is something that I will add because enough people have asked me, but I'm just alive. Look, I have no moving averages, no nothing. And there it is. So I like it. All right, down to 21 SMB sound five. What am I looking at? I'm looking at the cell modes in the daily charts. Look at this, the QQQ, one, two, three. Yesterday turned down and I said that the nine has now gone under the 14 period. That confirms the cell mode. And yeah, we are now down to 40 cents. So we're short the cues, we're short the doubt. We missed the gain, getting short another one that we had got a perfect entry in. That's got stopped down by French by Kenny. And so folks, thank you for being here. I'll be back with Tom a little later on today. We still have us somewhere along positions, which actually holding up quite well. See you later on. I'll see you tomorrow. Have a great day. Check out my opening call.