 Educating Investors. 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. On top of that, we're on October 1st, Friday, last day of the week, but first day of the month. And the first day of the trading month, that candle, Dow monthly chart, peak D. Now you've got to be a little bit careful. We're looking at the arch formation, the weekly chart, looking at the dreaded age pattern in the daily chart. And so far, that left side low of $33,613 has been held in the daily chart of the Dow cash. But look at the YM. YM went under it. YM went down to date to $33,838. No, $33,383. And the low that was made on the 20th was $33,478. So almost 100 points, 90 something points down. And now it's trying to rally in the arch formation. The MACD has deflected low. Histograms, not that good. And the stochastics only at 43%. Not very good on balance funds attempting to rally. So there should be some kind of a balance attempt right here. I'm just putting in this rectangle. And there we go in the weekly chart. And here as well, we've got a peak D in the monthly, in the futures. I like to see everything in unison. And what we are looking at here is within the context. Now we go back to the cash down, within the context of the cash down trading. Look at that ugly candle from yesterday. Normally, this is the data you would see a follow through to the downside to either test or take out the left side low. So there's just enough evidence to say there are, there is some buying coming in and that somehow or other, the oversold condition should be worked off a little bit here. Maybe, you know, you still got a lot of news with the bills, pending bills coming up. Ha, there's just so much going on. But at the same time on the very short term basis, I wouldn't be surprised if we do have a bit of a balance. Something for subscribers that we, we're trying to be contemplating here. What we are looking at is in the S&P, slightly different chart formation. The S&P went closer and then this morning, the low was 4304. Let's see, 4304. 4304.30 and the low of Monday, a week ago was 4305.91. So that to this moment says, hey, so far at least an attempt to break the left side low hasn't done it yet. And that just, the day is young, we're looking at a daily chart that just says, good, maybe there can be a bit of a balance from here and that weekly chart says, what an ugly candle from last week, as I say, the day is young. We have to wait for Friday at four o'clock before we close. But yes, there's a really good chance that at the end of it, when I do my overview, my video overview for subscribers to an opening called tomorrow, I'm probably going to be putting a down arrow here for the weekly chart to say we've got at least a cell signal. The nine-period moving average is still very sharply above the 14, so it's going to take a lot. It's probably going to take a move of this long-term trendline right here. Let's take it over there. The long-term parallel trendline, which we're touching right now to actually crack and go into the 4277 area or lower, and then we'll have a break of that. And it's a leg bead. It won't be a peak bead until the whole of October sees no new high above 45, 45.85. I suspect there's a good chance that that's what we're going to see. We're going to see a choppy sideways move, balances to the upside, slightly, well, very quick pullbacks that start to make slightly lower lows. We'll see if that's the pattern that we're looking at. Look at the QQQ. Nothing yet. Down to $1.75 at 356.17. Just a little bit off the law, 355.91. This is really very poor action. Stochastic is at 6.99%. Whoops, as I'm talking, went to 7%. That's very low. But this is where balances can unfold. But in this particular instance, with the MACD negative stochastic, very negative, the nine-period sharpie below the 14-period, to see the... Let's just do this right now. Amazon, what is that doing today? Is it balancing at all? No, it's weak. It's down six and nearly at a low. That's right on the 200-period exponential moving. Apple, is this balancing at all? No, it's down $1.25 and 140.24, making a new unrecovered low. What have we called it? Recovered low. This is a multi-week low. Let's go to Netflix. This is the Fang stocks. We've got Netflix down after an all-time high yesterday, and now it's down 12. So it's nearly all-time high. So that's fine. Facebook. Facebook is looking very, very poor. It's making lower lows, and it's trading up to today, 341.50. But wow, that is a PESEL mode in the weekly chart. Leg E in the monthly. So to just say that Facebook is in a struggle for a little while longer. And now let's go to... I want you to show you the transports. Look at this. The transports having a nice move up. 330 today, 246.48. Look at Jets. This is the airline index, and it's trying to get to a leg D above the 25, or the 24.98 high of the 27th of September. It's at 24.54. It's up 91. So this is just saying, you know what? In the overall spectrum of the economy, the travel area is starting to show a little bit of life, and that's the U.S. Global Jets ETF. Let's go on. We want to look at gold. Gold right now is straight. I didn't look at the IWDM. We will. It's up 2.6. Not bad action off the load. It's made in the continuous contract of 1721.1 on the 21st. How can that be the 21st? On the 29th. And here we are two days later. It's trying... If gold pops and actually works its way higher in a continuous... I don't want to see a pop in a drop. I want to see a pop above yesterday's high of 1765, and then a concerted effort to push into this candle right here, the candle on the 23rd of September, with the high of 1777. Well, you would think 18 points in gold, if it's making a turn, should not be a difficult thing. We'll see. And in this particular instance, the arch formation within the Chapmanee Falling Axe Reversal in the gold says, the whole area of 1780 to 1788 with the 9 and 14 period moving averages in the weekly, that's going to be the big challenge. Will it be repelled at that point? As the dollar, the dollar which is pulling back 21 ticks right now, 94.04, have you made a new recovery high of 94.50? I think, yep, 94.50 yesterday. Dollar index, we are along the dollar index. Is this going to be something that goes sideways and then makes higher highs? Leg E in the weekly, a new leg B in the monthly chart. You know, dollar's acting very well. If you look at the Euro, EUR, USD, the EUR a dollar currency pair, it's really struggling to come off the low. What I said yesterday is this down channel, this Chapmanee Insight Track Propellant Zone, we're in it right now in the weekly chart. So this is the opportunity for it to rally. I don't think there's more than a bounce and then a retest of the 1.155 area. We'll see what happens if you look at the USDJPY end of the week beginning of a new month. So we've got a peak E, probably a peak E right now in the daily, a leg E, what, a new leg E in the weekly chart and a leg C in the monthly. So the USDJPY of the YEN is actually rallying quite nicely at this point. It's down, but overall it's really improving in the rectangle formation. I'll be back in a moment. I'll see you soon. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. 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Toll free at 1-877-927-6648 Internationally at 727-873-7618 Hi folks! So we just had a... just simultaneously we've got a question. One says S&PX, that's the S&P Annual Chart. Thank you for repeat of 2018 for 2022 or another two up years to be followed. I can't get the full sentence. Let me see. Followed by what? Followed by a year like 2000. So in a sense, yes. Then another question, much shorter term is state and war. Basil, can you look at the daily on the ES last year, September 2020, we had a lightning bolt pattern, that expanded down to only 0.78 low. Then big turn up. We just did the same here last night. I'm looking along here. So okay, couple of things we need to look at. Let me just do this quickly. I didn't finish silver. Silver is trading up. This is actually a much nicer candle than the gold because look, it's gone. It's filled in the red candle on Wednesday, big red candle. So it's filled that in, almost filled it in. So this is a little bit looking as funny. We can alternate between gold looking better than silver, silver looking better than gold. But basically the trend is the most important thing. Both of them in downtrends at the moment. Let's just go to a high grade copper. I'm going to come back to that question. I haven't finished that. High grade copper, nice balance of the 200-period moving average, 4.184, up 0.09. And then you've got, I missed the IWM. IWM right now is trading down 51 at 218.19. So I just want to show something that's really interesting. We are still short the NASDAQ and the instrument that we have is up 2.5% today. This is just so interesting. We did take a long position in one of the indices just to see if there could be a counter trend bouncing and then we probably will want to go back to short. We'll see what happens there. So that's there. Now I also want to look at the just bonds at the moment, U.S. bonds. Maybe we can go to the TLT because that's no tail, it was clearer. TLT is rallying 45 cents at 144.77. So put that together with the TNX.X which is the tenure. And you'll see the ten- Why is it doing that? Okay. So the tenure, there it is, is showing you that it's made a potential peak ease, pulling back it's in the upper range. There's a trend line that it took out in the weekly chart. This one's a little bit more tenuous because I've only got two points ready for it to be a trend line. My preference is usually to go to it on either the wick, the outer wick or bodies if I need to, if I get more of them. In this case it did pop very nicely above it but right now it's closing a tad, not closing, it's a weekly chart, it's a tad underneath. And that says to me, just be a little bit careful here. Now, what we're looking at is this ten-year monthly chart says that it's kind of trapped. And it's trapped between the yield of 1765, that's 1.765 and the low, that was the high of March of 2021, this month, this year. And then 1128, 1129, 1128 that was 1.128 is July of this year and it's kind of in the middle of the range at 1.486. I suspect that what we're looking at is just for the moment, it's kind of stuck in the range. What will happen is if yield started, the ten-year specialty starts to not just get into but actually starts to trade at 1.57, 15.57 that's going to be a big deal, a really big deal to the general markets. Okay, got that out the way, did that, that, that, that. Okay, now I'm going to go back to what I was talking about yesterday. I said we will continue today with my analysis of the S&P. I didn't really give you any result because I wanted to see how we closed yesterday and how we closed today at the start of October. Now look what's happened. The S&P has gone below the 4305.91 low that was made on September, September the 20th before the big rally. Is that September? Yep, September the 20th. It just time seems to fly. And it ran up to the Chapman Wave Insight Track repellent zone and it's come back down in the arch formation. It's in Leg C. So far, any sign, now this is all political at this particular point is technical and political obviously because we're waiting for some kind of resolution, some kind of vote and that vote's going to be going on for a little while now. And what we are looking at is if that's the case, the monthly chart of the S&P, the weekly chart at this particular point has gone below a trend line, a very important trend line. The back these weeks, the casting has now gone under 80%. This is the weekly chart at 71%. The 9-period moving average is turning down but it's still above at 3, at 4, 4, 10. It is above the black 14-period moving average of 4, 3, 8, 6. Double check here. Yeah, 4, 3, 10 is above 4, 3, 8, 6. And to see it actually plummet and go negative, you'd probably have to see the S&P down to the 40, oh, 42, 20 area for this to really take on 4, 30 I'd say. Below 4, 30 in that area. That is hard to say because now you don't know the speed of that 9-period moving average going negative. Now on a monthly basis, the question came up and what was the difference? Is there a difference between now and 2008? Is there a reset in 2007, 2008 to 2009 with the financial crisis? Yes, there is a crisis of sorts but it isn't the same thing at all. It's very different and we have to deal with it in a very different way. And one of the things I'm looking at here is when we made that top, remember I discussed this yesterday, I'll do it again, when we made the top at a peak D at Chapman Wave 2 bar reversal on the week of the 20th of July at 15, 55.90 and then pulled back down below the Chapman Wave conventional Fed-based restart to the peak D trough of 1377.80 we actually went underneath it we went to 1370.60 ran up in a peak A, peak B gray A and gray B before it picked up the previous high and made that a peak E with a doji candle all-time high at that point in October the week of the 12th of 07 and then you can see the MACD much weaker the stochastic ran up above 80% and then turned down sharply and that's always a clue that you've got to be really careful that's that technique that I call the double camel hump we've got that in the MACD anyway what we are looking at is is there a similarity now in the technicals and that's what I was trying to deal with yesterday and my answer to that immediately is the technicals are different the result might be the same but the technicals are different and you can see this trend line now what I like to do is to start off with parallel trend lines and then see if they match to specific low points so far they don't really match if I did run that match well I've done one that matched and now we're under it but that's just a transitory thing and at this particular point all I can say is there's really good evidence to say that this is a digestive phase it's probably going to be one of the deeper ones we've had in longer in time and a little deeper in price and that the levels that we need to monitor are as soon as we return we'll talk about the levels to monitor Basel Chapman Tiger Ignitions Hour down's down one it's at least down 13 you're right back 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 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thousands of stocks for Fibonacci formation setups including Gartleys, 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 this segment is brought to you by Think or Swim for more information just click the Think or Swim banner on the front page of TFNN.com I just have to show you this is the two minute E-mini chart S&P made a peak D right then about 830 the techniques of confirmation goes to peak F and then what does it do it turns around and it comes back and you can see it's still playing still saying be careful you'd have to see it's at 42-84 some people have said is there a chance of a bounce today yeah I think there's a chance of at least an oversold bounce just a pure technical oversold bounce but we had that opportunity there was a huge move if you go from the low of 42-60 this is 42-60 to 43-21 the low this morning early this morning that's 60 points it's like 600 down points that's huge so now we're giving back some of that so what you want to see if you're feeling just even counter-strain bullish you want to see the E-mini which is a little bit weaker quite a bit weaker than the Dow itself but you want to see the E-mini start to trade and hold the 43-10 that's 20 21 points from here that's a big deal so if it doesn't do that and starts to trade under 42-68 even for 10 minutes on the 2-minute chart that's going to be that just says nothing nothing to see yet let's get back to our story so the S&P weakening I like to go step-by-step if you had to say to me just on a purely visual basis where do you think the S&P is going to go I suspect that over a 2-3 week period we will see this low right here that's 41-73 that's 100 points there's almost 1,000 points in the Dow there's a chance that that's going to be tested the only way it won't be tested if there's just something that triggers not just a big spike a single day or a single 3-hour spike to the upside there's a raise of closes above the high and of course we're looking at a weekly chart so the weekly high is this week's high of 457 47.30 so 4457.30 I would say a close of on the weekly chart any close in the 44-63 area over the next 2-3 weeks I would say that raises the base and shortens the time span that's the way I'm looking at it but I do anticipate that the patterns that we've seen so often in this particular case I'm looking at the chance of an arch formation it's hard to draw it in because I have to cover the bars and also just to show you that it's an arch it tends to expand of a number of bars I don't know if we're going to have that that any rally there's a chance that you can get the arch formation and then a retest so this is really important and like in the den any squeeze into the close I'm using the Dow just for the moment if the Dow goes 150 or more points after 2pm that's just going to be a really big negative for the general market and that will take the S&P probably down about minus 28 to minus 30 that would be just terrible action and to go into the weekend like that with nothing resolved politically and I don't know how it's going to get resolved politically this quickly this is just saying be careful we're in probably in a sell mode in the weekly chart probably going to sell signal as I'm speaking and it's going to be updated to sell mode later today we don't know this is just in the chapter of methodology just be real careful countertrend rallies, yep you can try to play countertrend rally, have a tight stop and just have it as a minor part of your portfolio because we've raised a lot of cash we have very few positions, long positions we're just getting ready in fact now I've decided I will have a webinar coming out fairly soon and I'm going to make it so that it will be what to look for, what to buy what's going to happen for not the next part of the year we don't really know but what can happen over the next at least 6 weeks to maybe even 8 weeks and that's going to be really important so you've got a lot of choices if you're interested in any of those really big cap the mega big cap fang type stocks you don't have choices at this particular instance they just especially with rates higher they should be hammered every single day so it's kind of the Dow type thing that I'm looking at now to give stability so I did mention that the IYT was trying to rally here it's up $1.63, let's give them back some of the gains but I don't see the transpose just yet having a really strong move let me see DSX a question came in, kind of look at DSX oh look at this, this is Diana shipping bulk shippers, nice move up to have $0.26 at $0.597 $0.46, filled in the gap I love when stocks fill in the gap and then continue past that gap towards the most recent high in this case it was a recovery high of $6.36 we did not have it we've had it before, Diana shipping a question I had was Gans master cycle was the 20 year Pat's Jupiter satin cycle in 2001 the top in the S&P was on the 3rd of September and not 9-11 this year the top was 9-3 interesting, yeah there are a lot of similarities going on right now this is just a different market we've had the COVID the whole COVID and then the aspect of the variants, the Delta variant this is changing things completely and what this has done has delayed in my mega bull market move, the IAI this is the we're still long from the 34's went to 111 and then dropped to the 102 level spiked to 109 now it's at 104 I suspect this is the clue watch the iShares broker dealer and security ETF and that's only at a peak B and that says to me that the in the chapter we methodology we should still go to a C and a D so that doesn't tell you how deeply you can pull back and these are all separate things peak E in the weekly chart cell mode this says the broker dealer index is giving us a clue that this is a big digestive phase and that when this makes a low significant low and it usually coincides with the market what does that say oh okay got that what we're looking at is however deep unless it drops from the 104 level to some kind of a just an absolute smack down and you start to see a trade for a month in the 83 to 79 area I don't have to say gee you know I don't have to reassess this but I suspect we will go to a leg C and a leg D but everything is suggesting that there is an appetite out there if we go to hood this is hood this is the Robin Hood J41.33 this will be in play and that is a huge digestive phase in Robin Hood while they have to figure out how they're going to survive how they're going to everything's going to work out for them I suspect this will be one of our clues that it will at some point take out the all time high round number 85 back in the week of August the 6th and that will be taken out but you can have a lot of page dropped by almost 50% you have to watch 41 you have to watch this closely this is the kind of true you want to see let's go to Moz in United Kingdom Moz how are you? I'm very well Basil how are you? I'm very good excellent I wanted to ask you about DSX Diana shipping but you've already taken a look at it so I think we'll take a look at some other stocks maybe some energy stocks hold on a second we'll be back there in the United Kingdom in a moment we haven't looked at Diana shipping actually I haven't finished with Diana shipping we'll be back in a moment DSX is down 14 Basil Chapman and we've got our guests from the United Kingdom 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 this is 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 could seem impossible to keep up with all the information David White's investment newsletter the technology insider will 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 visit directioninvestments.com 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 866-4767523 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 for side fund services LLC don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv we're back, puzzle trap and doubts struggling to try to go positive you're all looking both mods and Kim DeMonte we just finished it with the DSX to say the rectangle formation that you know I love to look at with a high of 636 and a low of 490 I like to draw the rectangle to say alright now we have a lot of sided cup formation and it's trading at 592 my guess is it's going to have an attempt over the next maybe into next week as long as it can as long as it holds the 552 to 548 support, I think it's going to try for the 636 area, and that's going to be really important because it really improves the weekly chart. So that's what I'd be looking at. So you had another question? Yeah, actually, so basically I had a target of 636, 637 in that region, and I took the profits on my short-term trading positions, but I still have a longer term one, which I'm long from around 480 area. But fundamentally, what I'm also hearing is that some of the sea freight pressure from China, especially that route, is easing a little bit. So maybe after Chinese New Year, next year, there could be a significant reduction in the sea freight. So I might actually consider if it goes up to around that region, and if it doesn't make a new high, I might actually be out of the position. So I'm just watching that for now. Yes, what I would do is if I agree with it, obviously we've spoken about it for so long. At this particular point, you can expect that absolutely there are more containers that are being built. Everybody's going to go into this. So there's probably going to be a glut at some point. I would do this. If you can see Diana shipping close above 636, the moment it breaks into 637, I would raise my stop on the core position. But what I would do if you have a trading position at 637, if it's able to close above 637 for two out of three sessions, that's a good sign because talking about the more intermediate term, it takes a long time for the whole process to unfold. This is still in a strong move to the upside. But if the nine period moving average continues to be the key here being stronger over the 14, if the MACD, which is still negative, actually crosses positive, that's going to give you the kicker to finally get to the 640 area. So I would just say to you, treat it as a price in the back of your mind. You can have all the information about what's happening in the containers and everything, just treat it as price and go with the price. Because if it starts to close in the 640s on a shorter term basis, my suspicion is I'm going to have to call that in the weekly chart, probably not leg F, but a new leg C. And if all the technicals are still good in the weekly chart, that's still strong. So don't try to separate the fundamentals that you're very much aware of and the technicals. So if it starts to fail right now, you just treat it as if, okay, it's struggling in the rectangle formation. If it actually starts to move much nicer, this is DSX shipping folks trading up 17 cents at $5.89 right now. I would just go with the price and let's see what happens. Because the MACD hasn't yet crossed positive and if it does, it usually gives a little bit of an extra kicker for the upside. I hope that helps you. Yeah, that's perfect. If you might have time, we can have a look at an energy stock, a Royal Dutch Shell. That's RD, RD? RDS.B. Oh, I don't know. You know, I don't know if I can get that. I know that Royal Dutch, I know it's been mentioned. It's also traded as an ADR. So RDS.B should be the one on New York Stock Exchange. Okay, I think I've got, yep, I've got that. Very good. So this is folks, this is Royal Dutch Shell PLC ADS. This is class B shares, just made a new recovery high today at $44.98, trading off that high a little bit. It's up $0.08 to $44.35. Now, I think this looks very much like all the others that I've notated. So this has got a peak A, peak B, peak C, peak D, peak E, F, unless it's A, B, C, D, unless it's an instant restart. So this looks so much like so many of the oils that I've been looking at. They had the big breakout. I cannot ignore that kind of breakout. And I suspect, let me just do this now, do this live. So this is peak A, this is peak B, clear peak C. There's your peak D. I got the upside down with a very quick one bar rest and the next bar moves to a new recovery high. And this is, I'm just treated as an E and an F for now. But this is what I wanted to say. Normally what I would do is I'd have an alternate count B, and then I do the analysis and say, OK, if we're looking at the on balance volume, that's become overbought. And that just says on a short term basis that could be a bit of a pullback. If I'm looking at the stochastic at 89% and flat, that's a big positive. If I'm looking at the mag D very strong, that's another big positive. If I'm looking at the 9 above the 14, that is a really big positive. And this looks almost like the dollar. Let me just show you the dollar right now. See the dollar's also done the same sort of thing, having a peak E at a rest point with a very strong series of technicals. And if I look at ExxonMobile, same. Why my daily charts sluggish here? Let me give me a second. There it is. That's trading at up 72 cents, made a peak E and is digesting the gains. If I look at CVX, they're all doing the same thing. CVX, peak A, then underneath it, it goes peak. Oh, this is technical Friday. So I'm just going to show something very interesting. So in Chevron, which has had a low on the 19th of August of 9286, it has a nice leg up to the Georgia period moving average at a peak A on the 27th of August. Then it pulls back. And underneath it, it has another little bounce. And that becomes another gray peak A, pulls back just a day and then makes a slightly higher high with a peak B. Remember, once you've got your starting point, in this case, it's that starting point way back on the, what did I say, 20th of August, that's your starting point. And every peak after that, you must count. So this becomes gray peak A, gray peak B. So you've got 98.43, then a rest, and then a 98.47. That's B. And then a pullback, and then a slightly higher high of 90 right here. And that gets counted as well. And that is 98.74 on the 14th. And then it pulls back, but still holds the basic low that we started off back on the 19th of August at 92.86. And it pulls back on the 20th to 93.31, a higher low. So that means I'll continue the wave counts in the Chapman wave. This is a great lesson today. I wanted to do this a couple of days ago. This is fantastic that you called it. I hope you're able to see it. So I've got a peak D and Chevron, CVX, four days ago at 104.89. And now it's pulled back. So if I go back, oh, am I going to remember what we just did? We did the, let me see if I can get that. There it is, rdx.b. There we go, rds.b. So you can see how I'm doing the note. Hey, can you hold on? I am here. OK, we're on with Boston. United Kingdom does have 18 recipes down there. You'll be right back. 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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Your investment can be anywhere from $100,000 to $500,000. Do you want to make $1,000 per year on $100,000 invested or $7,000 per year on a secured Tiger First mortgage? 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. Hasn't gone to the high back in the second week of the second of July of 102, 53 slumps down to the 65 area back in August and boom, it's back up again. So they all have the same pattern and I suspect that crude oil at this particular point is still in play for many reasons, but it's in play and that there should be higher high scum to get to the 83, 85 level. I suspect we might have to have a consolidation first. So I'm thinking that we're going to be watching to see if there's some kind of consolidation in the shorter term in these oil and oil related stocks and then we go higher and that's kind of kind of matched with the S&P and many other things. Consolidation going on right now and I hope in a way that I've answered a number of your questions. I just wanted for one second to go back to the R and to the Royal Dutch. There it is. And just to say the support right now is very strong between it's at 44, 42, between 43, 80 and 41, 50. That's kind of a support area. Not a big deal after such a strong move up and that weekly chart I have to take the load that was made back in late July, early August and this is leg A, whoops, 82, 82. Yeah, this is A, this is leg B. So it's a brand new leg B and it's a leg C in the monthly chart. So these are all working just ready for a bit of a digestive phase. Hope that helps you. That's great. Thank you very much. We'll have a great day. And you too. Thank you so much for calling. Have a great weekend. So folks, let me do this real quickly. We'll use the S&P. I'll use the Dow for the moment. We've got great programming coming up. Don't forget Monday, new format. Larry comes off to my show and think of swim goes off and then in fact Kevin is the host of the show coming up at 11. It's a fantastic show. Have a wonderful weekend. We want to see this off. And I'd like to see the Dow actually make the move to 130 plus and hold it off to the clock. Just as a counter trend.