 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. Chapman dials down 187 on this 6th day of October Thursday. And we're looking at down 193 at 30,064 with 084. We're looking at the SB down 23 at 3799. Now, what's really important is you see this pattern here, this arch formation spiral up to a peak in the Chapman wave, going out of this rectangle, narrow rectangle formation that was in place for a long time this morning and then suddenly pops above it and then it turns down into a beautiful price symmetry, the bar symmetry with a low that was made at the one minute chart at 928 and the E-mini pops up to that peak at 3811.50 at 944 and then comes back down and breaks the support that's been in place for an hour about and then it takes it out and look in the same price in exactly, I was busy drawing this before the news but as news was coming on, I rushed a little bit so I didn't get the exact, I didn't draw it correctly, I just corrected the drawing I should have put in, which was from the low that Truff D at 928 to the high that was made at 944. Look at the symmetry. The exact plumb line from that high came down and took it out where at 1002 it went to 3771.50 and that took out with a beautiful bar symmetry. In other words, the number of bars to the upside matched exactly the number of bars to the downside and what's so fascinating about, I love to look at the market as if to say, okay, what's your core situation? What are we really looking at? Well, what we're really looking at are just three chart formations, a straight line up, straight line down, a cup formation, that could be a V-shaped formation but basically going from one level down and then coming back to it, how you can gauge the technical veracity on the moved back is important but the same with the arch formation, straight line down and if it forms an H pattern and makes a straight line down, archers over at a peak A or B reverses because if it takes out that left side low it can go quite a bit low and on the right you can see a combination of one and two which is a green line, straight line up and then it makes the cup formation or it could be a V-shaped formation, how it breaks that left side high is really important so three patterns, straight up, straight down, cup, arch and over and over and over it's like the fractal of the market whether it's looking at a one-minute chart or whether you're looking at multi-decade charts the fractal is the same why? because the market at this point maybe in 20 years time it won't be the same because of the computerization, the automation of everything but at this particular point every single move in every single bar is a price point and reflection of human emotion and a price point frozen in time until it moves even if it's in seconds so we've gone to a trough, a leg D which is maybe going to make a trough D as a mag D tries to turn stochastic is not good at 9% on balance volume is attempting to turn but this pink nine-period exponential moving average you need to see a bigger move so I'm talking about very near term let's go to the charts to look at what's happening here spiked up to a peak E in this beautiful cup formation in the 10-minute chart now I can put it down arrow to tell you the truth like a bit of a consolidation today we went along the Dow prior to the opening on Monday we added to it yesterday I'm not sure how that's going to at this point it's still up but I'm not sure whether that's going to remain the case and this is very interesting I bought for subscribers to my opening call the SMHs, the semiconductor lead markets up and down there was just enough strength with their turnaround from Friday's low of 185.11 to a Monday's gap up and nice move to the upside and then a further gap up on Tuesday pulls back, falls a little bit of the gap and I wanted us to buy the low any low that was made yesterday via a three times long position ironically enough we bought it and it just stopped us out I had a really tight just over 2% stop on a three times long that's crazy, I mean that's really tight but we had it and then it closed up it moved over 10% higher but that's fine at least I know that this is now a little bit in play finally the semiconductors are showing just enough strength to say if this is a counter trend rally you will need the SMHs which are down $1.28 to $200.66 you will need them to continue the move up together with and I'm going to put it here the IAI which is the broker dealer index or ETF made a peak B went from the 84 spikes up into the 91s it's now 90.13 we actually long from way back 45 back in 2020 March the 23rd, the 24th the day after the low but at the same time this is really important I want to see the broker dealer index move higher I want to see the semis move these have been the laggards so unless that's going to happen basically what we're looking at is this is an extremely oversold condition that worked its way off a $15 a point move to the upside you've got to expect that unless this is the low which I don't believe it is the low would have set a gap up today and we would have been on our way to much higher prices this is just saying very oversold condition very near term became very overboard this morning or going to the close yesterday just needs to work that off but there are still so many shorts there are still so many people just throwing what's the expression throwing everything out and I can tell you over the weekend I know from first hand experience with some people that I know that I know pretty well who were just shaking their heads didn't want to discuss anything just said oh my god I looked at my portfolio for the first time in a while well especially when people stop looking at their portfolios that's when you start to get to an area where the market is in such a state that any infraction to the upside can build momentum but the main course the main tide has to be overcome and that main tide in both the weekly and the S&P now for a moment the monthly chart says that yes this could be made so for October's at a higher low than September we could have an inside bar in October but this pattern as we were speaking to Georgia and Boston over the last a week the pattern in the S&P is that very often over a period of 10-12 years we only go down truck A or truck B but when we do go to a C be careful back in October of 2011 at 1077 at 74 that was only a C and we saw it at 2134 but most of the time when you get to a C you can't go to a T so we have to be a bit careful I'll be back Coming Up are you looking for a way to consistently add winning trades to your portfolio Tom O'Brien is here to help here to help. 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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. Visit the front page of TFNN.com. Toll-free at 1-877-927-6648. Internationally at 727-873-7618. Get right to a question on SLB, which is Schlumberger Oil Service Stock. This is Schlumberger Limited trading at $0.4177 up 21 cents. You know what I like to do? I always say that I want to be a little conservative. This looks like a brand new leg A, but just to be... Let me just put it this way here. Let's make sure that that's a high. I think that's a C in the weekly chart. Yeah, so normally I would go E slash A, but because the technicals are so strong, I'm going to do this is something I've started doing for a little while now. I hope it's not confusing, but my preference is to actually say this looks like a brand new A. It's done everything. The stochastics come from a low on balance volume, V-shaped pattern. The stochastics now at 79%, almost at 80%. The MACD is good. 9 is over the 14. So I'm going to do this. I think A slash E. My preference is to think of it as an A right now, even if I thought of it as an E. Why? Because the previous peak A, the start of the move came from a lower low. And because of that, and this keeps going to D, look, there's one peak D going into late July, pulls back, August begins a brand new A, B, C, D. I had an alternative count there as well, E slash B, and I went to a D, and now it's pulled back. This is almost a one-to-one, not a one-to-one, but it's greater than a one-to-one to the downside. Started a brand new move. I should technically put in an up arrow because it's broken to a new recovery high, but instead I'm just going to go trough A, trough B, make that a trough C, and I'll put a plus sign underneath it and say, that at this particular point is taking the place of an up arrow because I don't have enough evidence yet. Stochastic needs to close nicely over 80%. Price needs to pull back and have another high, and then I'll say, okay, there's a chance that it can make that double hump on the MACD, which says that you've got to think that this could be an F with a sharp decline, but not if the Stochastic's holding very well. That will become a B. That slumberge, together with, let me just see the XLE. Yes, it's the same thing. The XLE is a very strong move at this point. I'm calling it a gray leg B because I haven't got a confirmation that it is a bi-signal. Actually, it's so close to a bi-signal, but I'm not going to call it a bi-signal just yet, and I suspect the moment I give it a bi-signal, almost immediately I'll upgrade that to a bi- mode because it's gone. The XLE is the S&P Select Energy Spider Fund. Look at that. There's the Chapamea Falling Axe. Beautiful breakout to the upside and a close yesterday above it, so far it's above it today. I think that the target I would have for the XLE, and I mentioned it to my subscribers this morning, it's on our watch list. We might put into a buy at any moment, or one of the stocks in the sector. You see when the XLE at 81 is acting so well, my preference is to go for a low-price stock that's acting really well. It looks like the same chart pattern, but you can get it for either a single digit or just in the teens, and you're going to get a nicer percentage gain if it does continue to parallel something like the XLE. So, Sombra J is trading at half the price at $41.76. I like it, so you only ask me if I'll show you the chart, but I'm going to say, because it's on my list, I think energy is starting to perk up. If you look at the crude oil, look at this. Crude oil has come off the low. It's not fantastic. It's at $88 right now. This is a continuous contract, but if it can start to trade inside what was that big rectangle and arch formation that it failed, if it can hold there into next week above $86, it's at $88.05, prefer to close somewhere around or into a week if it can hit $92 and then close at about $90, that would say that the target I would have is that $97.21 high of the week and the second of September, that's what I'd expect to find a lot of resistance, but the way things are lining up right now, I don't think we can rule out energy and the oil stocks as having the potential to really move up yet again. So, the chart pattern from these bars that we were looking at in crude oil were really bad for a long time. The XLE has pretty much the opposite. It's made a cup formation. Now it's going in for the second cup formation. Look at the weekly chart that Chatham made inside track. Propellant zone held beautifully. It nicked it just intraday last week, but it closed at the upper green line. Now it's closing above and we're only into Thursday and we'll see whether or not the L, which is just appearing in the nine-period moving average, about to close over the 14-period moving average in the weekly chart is going to give a confirmation because yesterday's action had that. I think I mentioned it yesterday. There was an L appearing, which is long, which says that the nine-period has moved over the 14-period moving average. So the stochastic is still lagging a little bit. So let me go back to SLB and I'm going to say, I was looking at and one of our dentists had mentioned very low price service stock or service and that's acting very well. So I think there's a way to play this with putting, at this point, I still say conserved as much money as you can. Anything you're putting to work, try to make it as beneficial as possible. In other words, if you're bought it and it's running nicely, make sure you don't take a loss unless it's part of your initial stop position. But even more importantly, just keep garnering some cash. We want to build up a cash position as much as we can so that we can be building up our kitty when we finally get that major buy signal whenever it comes in. So that's really important. So yes, SLB is acting really well. And most importantly, if it closes between now and Monday below 40.20 to 39.75, if it closes under that it says, yeah, maybe it's just from the moment it's a one-time thing and now it has to digest gains. If it pulls back even just a tad, whatever happens, if by Monday with Thursday, if by Monday at this time or sometime Monday afternoon into Tuesday morning, it is broken and it's just touched 42.75, I think that would be really good short-term action. Say, yes, I like it. I don't know if that was your question. But in the meantime, I've got it in there. So yes, yes, something very interesting. So Duffy says, look at rig. Yes, rig is what I was kind of referring to just a moment ago. I had it in my newsletter or something we've been watching for a couple of days now. A fabulous move up. It's gone from the around about the 230 area. It's trading at 3.11. That's what I'm talking about. It's a different chart pattern. Charles Ocean limited offshore drilling, oil and gas. It's acting very well. But this is a little bit risky. I've got Fibonacci numbers and all that 161 and just rallied. No, the way I'm looking at it right now is that it is in play. I don't like this arch formation unless almost immediately, which it's doing, it starts to move and it can close more than half a way into the whole pattern that we were looking at. So that's 320. Today's high is 317. If on a weekly basis it can close, oh, I don't want to say 320. I'd even say 347 to 350. If it can get there, that would be the kind of sign where the arch formation and we draw it in. This arch formation, you see that, see how it just keeps making arches and now it's starting to make a semicircle to the upside. If this can continue, then we finally got the pattern that says successful dreaded H pattern can turn into a very good cup formation. So yes, rig is acting well at 3.11 up 11 sets. I'll be back down 230 in S&P's down 26. Basil Chapman Tiger Technicians out. If you want to 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, DXAU, 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 Chart. 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. 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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. Hi, folks. There was a question. I thought this was a great question because it didn't have to apply to this particular stock, but it applies to a lot of things right now. Someone in with Dan, I didn't check to see who it was, said they have some shares of SAVA, which is Kassava Sciences Biotech Company, and it had a huge spike to a peak D. Was it just under 50 or did it hit 50? At 51.59 on the 22nd, let me just type that in because this is very, very relevant to what I wanted to say. 51.52, I think I said, yeah. So, and then it pulls back pretty sharply, but within that it's the flagpole high, then it's got the rectangle, and then it's got the art formation. But look up beautifully since it broke out above, back in August above the 19 level into the 14-period moving average, and then the nine-period exponential moving average around about August the 16th crossed positive. It's had these big spikes to a peak D, then it pulls back and had a rectangle formation, and look, there's a rectangle formation, and the rule of the rectangle formation for me is the wide rectangle formation, if it pulls back from the flagpole, comes back, starts to make higher highs and higher lows, it can go to a peak C or a D just underneath the previous high, right on or just above, then you've got to be careful because it pulls back more than halfway of the entire bar that flagpole bar, in this case the gap up bar, it could go all the way back to the rectangle low. Instead what it did is it held the nine-period moving average, it held the 14-period moving average, which was lowered down because the green nine-period moving average was very positive, and then it powered again from that peak C, which was at, let me just give you a number so we know we're doing apples to apples, 34.87 was the high of the 17th of August, then it pulls back to the 24-ish area around about 2350, starts walking the 14-period moving average, uses that as a springboard, and then it bounces, and what does it go to? Remember the high on the 17th of August was 34.87, what it goes to 35.58, so it goes just a tad above, pulls back, and walks the 14-period moving average, has a spectacular candle on the 20th of September, 2970 low, 3973 high, this is all to do with both short covering and fact that they have particular stage, the different stages of acceptance in the protocol that they have for there being a biotech stock, and the Alzheimer's, and other, I guess, and other areas of diseases that they're studying and working on, and then it just bounces all the way to 51.52 in a leg deep, pulls back, but the low of that candle becomes a support level, it makes a great peak, A great peak, B makes the arch formation, holds the 14-period moving average, and today it has a fabulous move, it's up 12.29% in 46.05, so the question is, I have a certain number of shares, what do I do? The way I look at this always is, if you get to a point where you say, what do I do now? It means there's a moment of uncertainty, so the best thing is so that you can sleep well at night, why not take a little bit off right here, as you're saying, what do I do now? Take a little bit off, it's at 46.05, I don't know when you got in, so you must have a very nice profit because you've been in for a little while, and then all you need to do is raise the stop on some part of it, right? It could be a one-point stop, could be a very tight stop, could be, I mean, if it's acting so well now, you just say, hey, look at the 120-minute chart, let's go there, so this is a nice thing to do. I do this with subscribers, we exit on the way up, we start to lighten up just a little bit, we try to keep a nice core position, but most importantly, we're doing money management in a market like this, you can't just buy and hold, yeah, you cannot suppose if you're very lucky, but mostly other things can happen. So the low that was made on the 120-minute chart, it's 13.30 on the third of 39.70, yesterday went to 39.65, 39.70, I said, right? Yeah, so it broke, so this is a brand new leg, hey, I think it is in the 120-minute chart, so that's what I'm saying is you can make it, any decision you want, but the way I look at it is this is a gift, did you know yesterday that it would be up $4.65? Probably not, it's a gift, so take that gift and say thank you very much, and now I'm going to handle the trade by putting in a stop because I was thinking maybe I should get out, so I'm going to put a stop in fairly tight and then I'll try to keep a core because this power move, when it has a power move like this, very often for two days after that, it can move up again and then it pulls back sharply, but the pattern of the rectangle says if it keeps making higher highs and higher lows, it can go towards just under, right on, or just above the previous side, it would be 51.52, you don't have to wait for that, you just have the trading stop and make sure you're absolutely making money no matter what because of the big move that it's had today. So that's just one way to do it, okay? And a question came up, oh where was the question, okay, I have to just move over to this, here we go, give me one second, I just need to read this. Yes, so when I was looking at Slumberger in the Tiger YouTube, Exxon was mentioned, I was looking at this yesterday, this is, look, the high that was made at peak C right here on the 29th of 8XOM is what we're looking at, the high that was made at 101.56, we're trading right now at 100.41, the high today so far is 101.14, so 101.56, just keep that in mind. The low that started the move, and this is for the Chapman waivers out there, you see the low that was on July the 16th or 17th, 14th, at 80.69, let me just type that in so we know what we're looking at here, 80.19 or 16, it was that 8.14.22, it went to peak A, pulls back, peak B, gaps up into peak B, and then plummets down, but it's still that's just starting point 80.16, just above the 200p moving average, so this is still in action, so it goes to great peak A, great peak B, because it's underneath that previous blue peak B, because the stochastic went over 80%, look how it pulled back though, then the stochastic, everything about it said that that peak C had the look of a D, and it pulled back very sharply from that 101 level, it was a 56 or something, and it plummets to the 200p moving average, I mean that is, I mean that's a pretty decent size pullback, 20% or something, it goes from 101 down to, yeah 83.89, and now there's a single leg up, but your obligation in Chapman waivers to always count each successively higher peak, or trough, in this case B, and that went to also C down there, and that's a trough C, this is a gray A, and now what I've got is I call this a gray B, but the moment because it is above 80.16, I always show you this, the circle usually means something else, but in this particular case I just want to show you right here, this is your starting point, this is where you're counting each successively peak, and until you take it down, I take it out at 80.15, 80.16 was the low, this is in a buy, this is still making higher highs and higher lows, and therefore the last high was C, that means I'm calling this gray B, but the moment, only because I'm counting each peak, but the moment it takes out 101.56 by one penny, that gray changes immediately, and it feeds into a D, because that's your last major ledger in the Chapman waivers, this is subsequent because the low was 80.16, so I'm just counting each successively higher peak, so gray B, so yes, this is acting extremely well, just like we were looking at XLE, and look at the monthly chart, I'll be back. 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The next thing about this particular technique is that you want to do the move at the same angle, the diagonal angle, meaning it has almost the same number of bars. So this did a one-to-one from the 80.16 high to the 29th of July high of 97.52, pulls back, still the green line was above the 14, so it's still positive, and the MACD just a fractionally, a flat negative, but it didn't break down. Stochastic pullback, very sharp, the on-balance volume, and then it had a move from the low of right here, the 5th of August at 86.28, and the move to the peak C at 101.56 was on the 29th, so it was about three days late for this parallel, Chapman Wave Parallel Extension, but it did do almost a one-to-one. Then it pulls back sharply and it touches the 200-period moving average on the 26th of September at 83.69, and the high today is so far 101.14. So this has done it in a slightly shorter timeframe, and this is also that one-to-one, but I'm suspecting that there's another move just above that C to go to a D, and then we get into, and now this is, someone said to me, could you do a bar symmetry on some charts so we can see how it works? So this is a lot tougher, but I'm going to try to do it here. This is Exxon Dady Chart that in June had a spike up to the 105, so I'll give you the exact number in a moment. What I do is I love when I can do a perfect one-to-one from an absolutely perfect high or low with a potential cup formation. There's your cup formation, and that says to get to the high of the 8th of June at 105.57 in Exxon, a very conservative way, I think it said 87. A very conservative way would be just to go to the peak in the middle. This is the biggest cup formation like this. Remember, I always say sine wave, cup and arch, cup and arch, cup and arch, but this one failed to making your recovery high right there. And then I see, okay, on a visual basis, it says you'd have to go all the way into maybe September at this particular rate. Well, yeah, you could do that, but the speed with which it's working right now says it's probably in October, look at that monthly chart, I mean, right there on the right, is probably the monthly chart that's telling us higher highs and higher lows that buying pressure is coming into Exxon Mobile, multinational oil company. So normally, I would love to do it mathematically. Look at the SQ cup formation, there's the top of the cup, now I'm going to make another arch, but that just says to me, it's just too far, it can't happen, okay, I have to move to the right too many bars. And normally, I would take a truck on the left side and I'd do the extension, but everything about this says that the rally, if it's going to continue, could be a much shorter timeframe to get to the one of 587 level. So I have to look at it in a very different way, I have to go to the weekly chart and say, what are the symmetrical aspects that I'm looking at? Well, if I look at the symmetrical aspects, I could do the same thing, but you can see here, it's a little easier to see that this cup formation here and this potential cup formation here with a higher low, taking us to a higher high, takes you to round about, now I can actually draw this in, right there, to right there, and now I'm going to do the right side, make it green, you have to have all these colors and everything, you can just do it as a measured move, just with a straight line, I'm going to go there, and I'm going to say, yeah, that's a possibility. So as conservative as this looks in the cup going from a W, the left side U going to a double U with a second U here, I think it's going to be sooner, but normally I would do this and I draw it in and I say, okay, that's the pattern in a conservative way, that's the way I'm looking at it. So already broken every one of those resistance points. My thinking is that it would probably be somewhere around here, this particular week, the week of the 28th of October, it could be sooner, but I'd rather go to the week of the 28th of October and say, that's where I think that 10557 will break. Now you say, ah, yeah, that's fine for the for the chart patterns, but you've got to look at both sides. What if, yet again, for the third time, we get one of those pullbacks and maybe it does make a new high, maybe it doesn't, it doesn't matter. You've almost, you've broken above a one-to-one to the, to the upside. What if Exxon pulls back, now you've got time on your hands to get to that other side high. So I like to put those into the package and I say, okay, well, I've got two aspects. One is a shorter term one, which says, as it's going right now, since this is grade A and B, which goes immediately to a D at 101.57, I think I said it was 101.57, yes. And we are so close, we went to 101.14 earlier this morning. I think that there's a chance that we can go higher and it'll be in a shorter time frame. So that says to me that next week sometime, there's a chance that if this time, Exxon doesn't pull back after this almost, it's greater than a one-to-one to move to the upside, it holds any, this week's low is 98.33. If it holds between 98.50 and 97.30 and then makes a new recovery high in the daily chart, we're going to get to the 105s quicker. So I thought I'd just show you that sometimes it isn't, you have to do a lot of work. Sometimes it's so visually easy that it's just, I mean like the pattern I showed you here in the one-minute chart, I don't know where we are right now because I haven't been looking at it, in the one-minute chart of the E-mini right here. Look, that was just right there. There was a one-to-one to the left side symmetry and it came down and hit it. So that's, sometimes it's fairly straightforward and sometimes it's, oh this bar moved, I had that bar as coming down a little bit sharper, not as sharp. Is that going to that? Yes, right there. So and now we're looking at the children's period moving average of the one-minute chart because it just made a trough F, oh wait a minute, is that an E or an F? A, B, C, okay, E, FG. It went to a trough G and you're going peak A, peak B, peak C. I wish I'd seen this a little earlier because while I was talking, this was making it beautiful. This is a dreaded H pattern. It went under it, but the technicals gave you a fabulous by-mode with on-balance volumes. The cast came back over 20%, the MACD didn't even close negative and that says, oh now you've got yourself a potential for a cup formation right there, right? And where do I make the cup formation? Go for the left side right here, right there on the children's period moving average, I go to a particular candle, that's usually a particular, if it isn't an exact measurement, and then I'll click on, I'll be back in a moment folks, the dial is down 144 recipes up 16, we just had a little bit of a bounce, I'll be right back. Are you grinding in the market, but seeing little to no return, or are you a successful trader simply looking to make your job a little easier? Learn to take the path of least resistance with David White's powerful trading newsletter. 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My problem with Uber is that that monthly chart has had such a series of dreaded H-patterns. That means you got that H-pattern that failed back in July of 2021 and took out and went to a low low and now you're rallying. This is the first time that I see enough strength to say that it should stay in a trading band. Now the question is that peak G that was made and I drew this in the other day. I don't know if I did this live if I was just doing this for myself, but you see how the high was back in August when it went to just under in the 33s at peak F. Look how strong the MACD is stochastic. But look what happened when it ran to that peak G, the high, high in the 34s round about in mid-September. And now it's pulled back to 26 that is trading at this point at $0.29. So my problem is that this 200 period moving average of $30.94 is such strong resistance, I would probably have to wait for it to hold above it. And then I think it makes its leg D in the weekly chart in the 34 area. But at this particular point, I just think it's stuck. I just don't see a catalyst technically for it at this point. So it's made low low low low on this pullback with poor technicals. So at $29.38, I want to see how it handles the $29.80 to $30.20 area. If it holds that and then starts with the $32, I'll say, hey, now it's acting much better. So that's it. So folks, we're going to be going over to Steve Rhodes, great programming here all day. Check out my opening call, my daily newsletter. And what's really important about this particular moment by Monday or Tuesday, if we start to see higher highs and higher lows in the general market, that's what you want to see for a more sustained move. A failure with the Dow, which is down $138. If the Dow closes under $29,900 anytime between now and Monday, that's saying, uh oh, it's going to struggle. New highs, new recovery highs would be fabulous. Have a great day. See you tomorrow. Stay tuned for the rest of the day.