 The following is a presentation of TFNN Trade what you see With Larry Pezzavento All now toll free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Hi everyone Basil Chapman sitting for Larry Pezzavento. Sorry, I too am missing Larry, but what happened was I Mentioned earlier on during my show that Larry won't be here. Is there any chance that you could do it? I didn't think there was but there were so many questions that were coming in I was able just at the very last minute to switch something around so I was able to free up this hour Let me just show you something here So I have the opening call daily newsletter and I my my show is the Tiger technicians hour 10 o'clock to 11 I my show comes in just before Larry's and One of the things I do which Larry absolutely has never done using moving averages, etc. I use that all the time I'm showing the charts right now. We were discussing this during my show. I said, oh wait a minute We've got a signal here that says a by signal in the e-mini in the two-minute chart It should go and I'll do in a cup formation with the left side right side price time match and In fact, I could have done a little differently. I should have done it But everything was going so quickly normally what I would do is I would go to either a high point or a low point And I like to say the number of bars in the upside match the number of bars to the downside Except when you can see that the cup or arch formation just cannot be it looks more like a lopsided it looks more like a lopsided gravy cup and So what I would have done is right here. Let me get rid of this He has the two-minute chart and then I have a way of looking at it and it said that using this As a fulcrum to the left side number of bars from the high to the right side I could give you a parallel move and said by 1048 we should be testing the high that was made right there at 932 of 44 89 point two five Well, it's a it took one more bar to two minute charge an extra bar Then it broke out and then it broke out now It's gone to a peak see in the Chapman wave methodology what we're always looking for is from a from a low bar Whoops. Oh, don't do that. No no no cancer From a low bar. Well, I sound like Larry they did not Technical problem second problem from the low bar We get a start of a of a turn around and then you expect four higher peaks If you get to the second peak B on the way there if it goes from a buy signal to a buy mode upgrade Based on technical factors That says you should get in the Chapman wave methodology should get to at least a D All right, and then you got time frame through time frame Well, this has gone to a peak C and if you look at this little chart right here I I've never been able to do this because The person who did did to me it was actually one of the first people at MIT to be working on the computers way back Herb Brunner's his name was his name I should say well, it's still his name per herb died a few years ago. He used to do a ton of work for me and We would meet for lunch somewhere and he'd be doing all the stuff and I had him develop for me and I because he He's secure ties that he didn't allow it to go out as a public thing. I have no I I remember the questions I found the book that had the questions based on the MACD and the stochastic and I gave him parameters Could you give me Chapman wave? Support and resistance lines. So look here He has the support line on the e-mini in the one minute chart at forty four seventy nine point fifty and forty four point seventy seven Point seventy seven, of course, it doesn't I'm trading the e-mini, which is in twenty five cent increments It gives you the support and boom nothing nothing nothing until it gets to forty five eleven point seventy five What was the double top high at eleven oh three and eleven oh four forty? Forty five twelve point twenty five it just a fractionally higher than it pulls back now You can see it's giving you forty four ninety nine forty five as the sport So this is a peak see it's in a by mode because the stochastic said eighty two percent the MACD is good The nine is way over the 14 look when the nine crossed over the 14 Look what happened at ten twenty six it went to a by mode and it's in a by mode It's stayed in there now the hundred and twenty minute chart only now is gone to a by mode meeting This there is it now a chance. I I need to see the stochastic Move to eighty percent as a seventy three percent and then I can say there's a good chance Over the period of the rest of the day we can make a peak see and then a peak D target and Where's the big resistance right here the previous four bar high at the forty nine Oh, sorry five forty five eighteen two forty five nineteen a dress called a forty five twenty area So this is it we'll come back to this in a moment. I could do it anyway. I could do it I haven't even looked at gold. Let's look at gold Gold is made. Oh, how important Larry never talks about this and understand why he's got fantastic techniques He doesn't need to but I always talk about the 200 period exponential moving average. Look at this orange line right here This is gold from the moment he started testing it on the downside and support at 23. That's 11 o'clock yesterday up until 850 this morning 10 to 9 Eastern time it couldn't let go of that line It just kept coming. That's how important the 200 period moving average is why because it's a look back period off 200 periods of whatever ever time frame you're working on and I didn't mean to do too That's not a double buy. It's just an up arrow and I double clicked and now look at this a I a be Higher high higher high yep C Pulls back now normally I'd say this could be a peak C C1 C1 C2 like a double top. I don't need to do that because within it. It's gone to a D Let me just double check when you're dealing with numbers like this. I always have to check 1936.5 point six on the continuous contract 36.6 1936.8 so that becomes a D. This becomes an E right here and That becomes an F. F is where you got to be really careful So it comes in F get a big tumble to the downside It's what the 200 period moving average and then has a spiral to the upside So because afterwards it took out that left side low This means that I have to consider that this is a G now. That's a little unusual. It's a little more This called it sophisticated in the traveling methodology It's the Eiffel tower straight up straight down and now we've started a brand new move and has gone to a peak A and a peak B gold is acting quite nicely up 8.6. So this is an A and a B it could fail Uh, you remember I I'm only following things. I'm not I'm not gold. I'm watching gold I'm just following it the best methodology I can so this made a peak B The other ways that I could describe it but right now that's the way I'm going to call it Will it go through a C and a D? We'll see. I don't know if it'll do during the show The meantime, that's the way we're looking at it. Now. Let's go to numbers the dow is made A nice high today of two to Follow through candle from yesterday to the upside to up 260 to 348 4 4 and you can see this cluster formation of consolidation I have a technique that I call the chap with inside track Repelence propellant zone it went under it and now it's stuck in this area right now Can my monday or tuesday the dow try to take out 35,000 uh and 70 resistance to try to get to the high that was made back on the 29th of March at 35,072 Good question. Oh, I've got a chap. We're falling exclamation You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life Before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices Selective stocks and commodities Subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by basal chapman creator of the trading methodology Known as the chapman wave the chapman wave up down sequence gives you an edge in identifying price turns Finding the peaks and valleys in stock prices get the opening call newsletter by basal chapman and your inbox every day First time subscribers also get a 30 day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors What's separating you from the most successful men and women on wall street? 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I've got the rule of 136 It's already used up too much if it gained if it's gained to move It means that the next leg up to a d if it does that is actually going to be It could be a star or something more important And that'll take it to a leg d in the five minute chart and we're watching that 10 minute chart This is the way it is. So a couple of questions came in one is does it work in all time frames? Well, I just showed you I showed you the monthly charts and the end of many of these major stocks Whatever it is and it happens It's it's a template in other words It is a fractal of human nature a human nature doesn't change from time zone to time zone 10 minutes of work It's human nature and that's I'm looking at a price point of human nature. Will it get to d? Well, I technically there was something I wanted to do It's a little I did it for subscribers this morning to one of my One of the positions that we picked this morning at five dollars and 61 cents And then it's slipped to about 540 after People got in if they got in when I sent out my newsletter And then it screamed up to 584 something like that I mean gave a gave a five percent gain in in minutes And then it pulled back and now it's holding steady But there was one key aspect that I I did in my mind I forgot to do it to show the subscribers and that is look here You see this parallel high especially with e-mini trading at 25 cent increments Normally when I'm trading I give this what I call a chap we fent and peak if there are two bars Parallel especially there have been other parallel bars I can use it if there's a little nick in the unbalanced volume at the same time which there was look exactly you see that See the little that little dip. So I would use this and I'd say okay D. I'm out I've got my D even though it's a phantom D technically on a purely theoretical basis This is a chap wave C But using my alternate count which I developed years ago and I've Explained to to subscribers and I explained to people who've done my webinars Every once in a while. I like to do this just to be ahead of the game I don't even waiting for a D when in fact there's a much deeper correction However, the five minute chart is at peak C. It can take a little time and the five The ten minute chart isn't B. So money management says to me take whatever you've got Take something off at least and then you can have alternate stops And then you just have to patiently wait. Look, there's a mini channel There's also a technique I call the falling axe where it makes the lower highs and much lower lows This is just stuck in the channel. I think it's going to make slightly lower low And that'll expand that to this wedge formation. What is that? That is this particular pattern here Where it runs up sharply and then it makes a lower highs and much lower lows in all of a sudden It finds support and if it can break this upper trend line declining trend line You can get a one-to-one to the upside and it's in a parallel move and it's in a parallel Angle and that's really important meaning the same speed. Once it breaks that level So let's see what happens. All right enough with that I want you to do a bunch of things and I'm going to do them right now head questions come in Could I just show the grains as I did the other day? Can I just show you this? You remember the falling axe pattern that I just spoke about one months ago He has the falling lower highs and much lower lows and turns around tries to break the resistance We're going to be watching this for a few days to come Does this does the dow break this? Upper trend line declining trend line with this falling axe expanding from a pd Can it break if at moment the dow can get to 34,950? 970 that area that left side high of the fifth of uh of april at 34,000 So 35,112 becomes a target and you just go step by step and the meantime you got all the support on these moving averages right here All right. I want you to show you wheat does wheat We did this incredible move. This is a technique that I use Chapman wave This is the roman candle What happens at highs it it opens gaps up Gaps up Has a fractional wick and then plummets to the downside only to close halfway Or two-thirds above the the low of the wick The rule of thumb is that in a shorter time frame If there is a move that holds for I it depends on what it is in this case I said 120 minute chart if there's a two or three hour Decline underneath the midpoint of the wick the lower wick and that would have been This got smoothed out because there's a continuous contracts of the prices will change But in the wick at this point i'm saying 12 1242 this is wheat And uh, then there's a good chance you're going to take out the left side low test it or take it out Wish we went down we plummeted down and then it made the pattern that I call the lowercase h pattern What is that? I'm only looking at three patterns straight up straight down Cup formation arch formation in a combination of one and three or one and two in this case It's one and three red because if it takes out that left side low watch out because that's showing weakness It took out the left side low then the lowercase h can become a lowercase m Be careful because when it takes out the left side low after that That is really significant and what did it do it did lowercase h becomes a lowercase m Second arch plummets below and it hits the 50 period moving average. That is now the support and that is at 997 And we're trading at 1047 making another series of arches In fact, what I will do is make it simple and treat it as if it's a rectangle formation A rectangle formation can last a lot longer than your patients. That is wheat Uh, so any move under nine 60 says uh, oh that's it for wheat for quite a while Any move into the 10 93 Area says, what are you talking about? I'm still in play doesn't mean some moving back to the highs But I'm in play looking at uh soybean continuous contract. Look at that the rectangle formation I drew this in I did not know what would happen had a chap and looked at it here And it did what it did everything we were talking about it had a high spike to that leg e on the 24th of feb plunges down and then creates the base This rectangle formation says In the chamomile methodology if there's a large rectangle not the narrow long run, but a large one You can see a rally if it starts to make higher highs and higher lows go to at least a peak d Just under right on or just above the previous high and then be careful because it could pull back if it breaks The halfway point of the rectangle it could go all the way to the bottom when I went to a peak d I can now change that from the plus sign to a down arrow And it made it underneath the previous high. That's always a big negative And that's what I was talking about exxon and some of the other oil multinational oils They're all making highs underneath that previous high and they've already gotten to season d's got to be careful there Look what happened. It made a beautiful arch formation and now soybeans are up 33 and a half points at 16 79 Coming back again So this rotation between the arch and the cup and the arch in the cup Now we're in the process of making either a v or an arch formation saying This is acting. Well, someone mentioned again the dba which for subscribers to my opening call We've had for a long time trading at 22 27 There's the same pattern the large rectangle goes it makes it ready for the h pattern now. It's in the m pattern The the grains are still in play, but you can see they're now having a They're having a high level consolidation if you're looking at corn continuous contract Look at this the rectangle formation. It went under it And that starts a brand new leg a And this could be a new leg b within the context of the rectangle This is acting a lot better than the others corn couldn't fact break to the upside It's trading at 768 and a half Up 10 three quarters basil trap and sitting here for Larry persevento. I'll be back in a moment Are you having fun trading the markets? 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Well, I I don't think I've ever looked at oats and even though the symbol I'm looking at the continuous contract through the monthly chart makes a low back in uh Early 2020 must have been march Uh, it was March right there Um march of 2020 at 238 round number low goes to peak a peak b peak c The objective in the chapter week methodology is to if a bicycle gets upgraded to a buy mode It should go to at least a d. Well low and behold when to a d pulls back and goes to an e in the monthly Look at the daily chart. Now. This is actually quite fascinating for me because Uh, where did I just do that? Uh Yeah, so in the data chart it goes from a low of uh, right there On the 14th of january 2022 598 round number low and it goes to peak a peak b peak c And then it comes back down It's not a failure because it didn't take out the left side low So I can't put a new up arrow But I can continue because you can't eat successively higher peak peak a great peak a great peak a right even lower And then it goes b c and it goes to d pulls back and this is a new leg e and this is fascinating because Um, it's broken this huge rectangle in the Look at this All the way through it's taken out the left side high that was going all the way back to november of 2021 round about 768 double tops exactly that peak c pulls back and now it's a little bit higher so that is a good sign And um the weekly chart I haven't finished. What was I looking at? Oh, there it is I wanted to show you this so outside never looked at it What's the chapter wave obligation is to get to a d if it's a buy mode right upgrade the buy signal So I do this and I'm counting I go right here the low of the april of 2018 at 239 Remember as a continuous contract that price will change nothing else changes But the price gets smoothed out it goes to peak a peak b peak c and low and behold goes to a d Everything pulls back and it takes out the left side low of 232 39 it goes to what it goes to 238 That one point means that now you have to restart the buy buy signal Completely that's it. And what did it do? It did the pattern we talked about that is Right there the dreaded age pattern, but it held beautifully it took it out But it within one bar it was back above it and that was it and then this pattern There's another thing I'll be talking about because we've got a lot of charts that have done this Look you've now got this beautiful bowl formation that breaks out and look at the breakout And it's gone to a deep pulls back as the magninium sarcastic everything's strong 9th period way over the 14. So oats is really looking strong Very strong. Oh, that was interesting. I've never done that before. All right, so let's look at I said we go through those So the d dba is the fund itself for the commodities It has many other things but it does have and this just stuck a little bit in the in the Rectangle formation going sideways. What we want to do is to let's go to gold I had a question about fcx fcx is freeport McMoron makes an all-time high in the Monthly chart in leg c. Let me just double check Yes, I knew that this is the case. So it goes to 40 it goes to 51 99 in march So far the high in april is 51 85 It's just 14 cents away in the monthly chart I still call this a leg c if all of april does not take out that high by one penny This becomes a pxc if it parallels It's still the leg c but if it's one penny lower that becomes a peak c one penny higher It continues leg c. All right peak e in the weekly chart still very strong I do this in as a left side right side price time match. We did have a copper stock We took a little tiny bit of a profit in it But basically I need to get back into that at a two dollars or a dollar whatever it is dollar something Because if if copper is going to start to Strengthen in a little while That should move meantime freeport McMoron has broken the the arch formation Did I say arch? I mean a cup formation with an exact left side This is where it's lovely where you can see the left side making lower lows and lower lows and lower lows Makes it low with an on-balance volume turn around everything turns around and it starts a buy signal It gets upgrade to a buy mode and then you can say in the same number of bars from the left side To the right side can it get back to the 46 10 level? 46 10 level Just you can just see no, it's not 46 10 level of the week of the 14th of May Well, lo and behold it took two weeks early to get to on the 21st week of the 21st of jan It goes to 46 20 10 cents higher pulls back sharply It's a little bit like a cup and handle along not one of my favorite patterns But everything was holding look how the 9 held above the 14 and boom it goes up And now it's it's digesting gains up at the high. Is this an all-time high for freeport McMoron? Uh, look at this incredible cup formation Over here in the dreaded age successful test It turns into a huge ball And that says free freeport McMoron has a target. Oh, I didn't do a left side right side price time I mentioned this I thought I had in the monthly chart of 59 point 66 the high of january of 2011 And I usually do it from here Can I do that now? So this is do it live So if I can't see an exact left a trough that makes a perfect visual law I use this visually as well as technically I just have to use other techniques So there's a technique I use which would make this particular canal right here The the the midpoint I call it the plumb line The fulcrum from the left side to the right side to see the same number of bars Uh, which one did I use I use this one over here? Right Now let's see if this is going to work and now I go click I go left side right side Um And I'm using this as my guide Okay, so it looks to me like Freeport McMoron can over a period of going into The summer midsummer this called it. I'm not going into July Between yeah in the summer summer in july That it could retest the high that was made back in the january january 2011 high of 59 66. It's at 49 Well, it's a long way to go, but let's see if that works out I'm going to just color this in green. It's called the chaplain wave inside wedge target resistance line It means that every time it gets close by it should be repelled. We'll see what happens. All right So enough with that Let's get out of this Okay, now that's what I want you to show you is that uh, so we did that we did a lot of people are asking about Gold so gold. This is very interesting There's a pattern that I talk about very often and that is a lengthy narrow It starts with white but then it becomes a narrow rectangle formation Well, gold has been in that trapped in that 14 50 Sorry 1950 to 1700 area for a long time The rule of thumb is if pops out of it You've got to be careful that it doesn't suddenly spike back down because it's going to go deep into the Into the rectangle formation in gold and here we are at 1948 And we're up 10 and look at the daily the daddy's got the rectangle formation lowercase h Here's the lowercase m. I'll be right back. That's what you have been sitting for now. You guys have entered 20 27 Are you in the market for buying or selling real estate in the bay area? Including the surrounding st. 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That's tfnn.com and hit watch tiger tv Chapman singing for larry perseverance. So you remember I said that this is this thing called the phantom Chapman wave peak You have two parallel highs. It has to be two parallel highs And I also want to see one of the technical indicators give a little flicker of weakness. Otherwise, I'm just I can't use it Um, and I said I'm going to use this what I would do is call this a peak d in the in the two-minute chart Now I can put it down arrow and it it's successful and look what's happened when this strength You've got to look at moving averages As key support levels Or resistance levels and remember the 200 period moving average that it broke above Look how close it's getting it's touched it. This is going to be really important because if it starts to close In this time frame underneath Uh, let's call it 44 96 is at 4502 right now if it gets there, that's a big negative But what you've already seen is trough a trough b Trough c it doesn't have to get to a d on the way up You always need d's on the way down I use other technical tools I always want to label it because I need to know how many times it's tested. It's made a trough to um At least Assess what's going on and you can see the nine is struggling to hold positive The s is there to say when this bar concludes there's a chance it could go to the cell signal That's the one on the two-minute chart. You can't be thinking weekly or monthly or anything You think two-minute chart. That's your obligation. Look at the time frame you're studying Don't anticipate something because I have seen I know all of you who do this very much Um Know that if you're looking at a particular bar That very second look at this the uh one minute bar has how many it has 48 seconds 47 46 seconds I've seen it where it looks so horrible With two seconds to go I was about to call it a whatever and it turned around and it flipped the other way Let the bar complete and wait for the start of the next bar. Look at this We've got an s a cell signal for one bar and now it's going back to an l which is long So this is a nice sideways consolidation. This is the pattern that I talk about it's used time Rather than price if it can get from 45 or 375 right now to 44 75 I'll start drawing in the pattern Like this at the bowl formation not just a cup of a kind of a saucer pattern I put that in they're always two fighting patterns The one is that it should go up in a in a bowl formation The other is that you've made the dreaded h pattern took out the left side low then quickly moved back up But you could make a second one So remember all we're doing is saying The price is the price. I'm not the price. The price is the price I'm just trying to use as many techniques as possible to be able to decipher it And when you look at the weekly weekly the five minute chart the mag these turned down just three last Only gone above the 80 percent level for about six or seven bars and now it's underneath at 71 Yet the price is holding very nicely, but it's used up time and it means that there's a chance Hey, if it fails at a peak see so my fault. Am I to blame? No, I'm just following it And I'm trying with all the methodology. I have I'm trying to analyze it as best I can All right And the same thing whether you have to look at the 10 because it's the one minute It's the two minutes that's going to count two minutes source to fail. It implies that the five minute will fail All right, well that that done. Let's continue. We're looking at what are we looking at? We're looking at report by Marin the the arch formation in the data at this double top in a peak f Suggest very strongly that if it's able to now at 4902 Underneath the key moving averages, but still green if it's able to get to 50.20 I think that it's stuck in a range and it could hold there very nicely It's trapped within the 51s and the 47s But if by Tuesday Monday Tuesday Suddenly drops and it goes below 47. I think I said 47 20 47 50 Watch out because that 46 level of the 50 period moving average will become a target And then you'll see it moving down like this lower highs and lower lows Just as we saw the two minute chart until it found strength if the fine strength This one could be a bigger move up, but let's go one step at a time. Okay So we want to look at bonds. There is always looking at bonds It's a big deal for him and most people I think they beginning to understand that the bond market Is when I say huge that's not big enough. It is massive. It is just massive Why because countries are buying the dollar or bonds? They they were involved. So what you've got here is the peak D. Remember What do we look for the fourth highest peak where other things can happen? Look at the daily chart hits the 200 period moving average at where the peak D I drew this in I said Eiffel Tower straight up straight down looks like an uppercase a Capital a watch out because if it takes out the left side low That could be a problem with the one-to-one to the downside Well, I drew in also the Chapman we've inside track Propel in zone, which is now a repelling zone In the weekly chart from that doji candle peak f way back on the week of the 23rd of july 2021 it makes this beautiful double top formation. We have seen it in so many charts within pennies they come back And they retest and they fail and what I like to do is there's a technique that I like to use And I've discussed it when I do my webinar. Look at the left side Look at the left side at that high where the magdeen stochastic everything was running sharply Then you got your blue on balance volume turning down. Look what happened when we went back to that same level Look how there was a much weaker m shape pattern in the magde Stochastic couldn't even get above 80 percent on balance volume failed and look what's happened So these are techniques we want to this is like the dreaded H But on the y pattern left side high is Taken out on the right side with terrible Technicles and kaboom it comes down and look at the dreaded H pattern in a monthly chart in bonds This is the tbt. Watch this tbt Took out the left side high of 21.97 and here you are At 22.79. Look at this left side right side price time match In the cup formation Or more like a bowl formation the 2260 high in the tbt. This is uh, this is the ultra short See a lemon t-bond yield and what the t-bond? Give me the exact name ultra short 20 year yield yeah, so the high of the 19th of march That's a weekly chart 19th of march of 2021 pd The 2260 comes all the way down to a trough e There's this is actually two two sequences to the downside 15.53 and what does it do? I chose this is my my my midpoint and two within one week Short uh one week. Yeah before the price time That should have been with the chaplain wave inside which is looking this a little bit deeper Look at this with with the chaplain wave inside which I'll show how you can draw these lines Inside which target resistance line hit it breaks out above it pd. This is really important Are we about to see the tlt have at least a relief rally? At this level from the chaplain wave inside track daily uh declining Little mini channel If you try to get a look at the statistics in 18 percent, I wish it was at 6 percent But it's an 18 on balance. No, I think we might have a little bit more to go But this is where we could get a little bit of a balance watching it closely Baselchap is sitting in for for lady was a mentor dow is up 235 s and p's up eight And this is how we're looking at the charts 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 and 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 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 You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? 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That's 877-518-9190 Yes Hi folks, just don't forget coming up straight off to the show at noon is tfnn's fast market live td americ trade Think of swimmers chicago A great show really they talk about options in such a way that Not only do you learn a tremendous amount as we love to do tfnn education education education But the trades and things they put on are really terrific. All right, so we're going to wrap this up in a moment So we've had a sideways move and that's the reason why I use the phantom peak especially in the futures Just I want to get out Why it's propitious, you know, Dave White always says Get out what you can not when you have to and this particular case You could still be holding I got in real low. You could still be holding is holding the 200 period moving average Sideways is a trend. Remember sideways is like going up for for a trend or get down for a trend Sideways in a rectangle formation can last a lot longer than your patients The longer it lasts the greater chance that it'll actually pull back So it's really important in this e-mini chart two minute that I'd say by 10 10 12 10 Just 10 this afternoon or a little later if it hasn't taken out 44 and 96 is to 4502 If it really needs to get to the 45 12 area and that'll be really good And if it gets to a d in the five minute chart, that's us to help the 10 minute chart All right, and you're seeing here the automated two minute chart support. Look at all those support levels Upside 4509.98. So that's called a 4 5 10 is resistance. All right. So basil chap and all these techniques I've discussed in my webinar coming up on the april the 13th 4 o'clock to 5 30 minutes archive and it'll be through through Assistant that we're using a discord you can join discord for a dollar And if you are if you are a subscriber to the opening call my newsletter You just automatically come in practice it a little bit beforehand Sign up now and there's a dollar a year for those people or who only want to go to the den But if you are a subscriber really you can just come right in It's your right to come in and it should be a very simple matter So practice beforehand. You don't want to be doing that as I've started the show and you can't get in Help I can't get in. Anyway, wonderful. I have a wonderful weekend Stay tuned for great programming here. It does up to 42 s and p's of eight. It does Eating and we'll see if it continues to lead Have a great day