 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at 727-445-1044. Now, Larry Pezzavento. Alright, looking good, Billy Ray feeling good, Lewis. Welcome to the offices of Duke and Duke. Let's take a look at this DAX, folks. It's a beautiful, expanding triangle. As you can see, we posted this just about every day this week. It's now completed. It looks like it's ready to finally roll over, but we don't know for sure. But you know what? Nobody else does either. So it's all about risk control. That's what it looks like. It doesn't always mean it's going to be that way. Let's take a look at the footsie, given the fact that we've got new things going on in Brexit. I guess it's not going to be now till October 31st. That's only fitting to come in at Halloween, since it didn't work on April 1st. I don't know what's going on over there, but nobody else cares, so why should I? Take a look at this footsie chart, folks. If you like ABCD, you're going to love this one. Look back on March the 28th. We made a low at 7,040. Then we made a high on March the 21st at 7370. Then we made a 61% retracement at 7155. So here's your homework for today. B plus C minus A equals D. So you add point B and point C. Get that total and then you subtract point A down there at the bottom, which is 7040. So B plus C minus A equals D. And you'll see up there, D at 7480. That was the exact high today. And now we're trading about, we've already broken almost 100 points from that high. So that could be an ABCD pattern, I don't know. It is, at least it started in the right direction. We'll have to take a look. Here's a question that someone had this morning was about the gold market. I want to bring that up here so you'll be able to see it here. Here's where we were yesterday. This is a video that I, whoa, shut the front door and raise the rent. A little bad problem there, just a second here. The old chubby little fingers on the old mouse. Get confused once in a while. Here's the gold yesterday, folks. This is over the last 10 days. If you'll see the 78% level up there at 131470. And then you'll see where we are today. We've already down to 1298. This is a major, major move in gold. That was nothing more than a four-day rally with a three-drive pattern coming together at that level. And we'll see if that's going to continue down. We're trading below 1300 now. But folks, look at all the Fibonacci numbers on this chart, folks. They don't work all the time, but boy, they work some of the time. So gold is a great one to trade, as is the Euro and that is crude oil. Those are the ones. If God came down and she said, you can only pick one thing to trade, I would pick the Euro. And then she would be really kind to me. She says, oh, you get to pick one other. I would have to pick gold. And then as I'm leaving the golden gates to head back down, she would say, okay, you get to pick one more and I would pick crude oil. So those are the three that I would pick. Well, because it's got volatility out the wazoo, man. That thing really jumps around. The only thing that jumps around more than crude oil when it usually is trading is natural gas. That's really, really, really big one to trade. So keep an eye on those. They're very, very interesting because they give you lots of volatility and a lot of bangs for the buck. I mean, with gold, the margin's around $6,000, but you're trading a contract that's worth $130,000, folks. That's serious bucks. So you get a lot of bangs for the bucks and then crude oil. That's even better. That's $60,000. And the margin on that, I think, is $2,200. So, I mean, that's even better than gold. So that's a really good one. So we'll watch those as we go through here. Lots of questions this morning. Folks, I wanted to talk to you about Lyft, okay? Because we have these companies that are out here that they don't make any money, but this company doesn't own any car, just like Uber. It doesn't own any cars. It has no, and yet it's one of the largest transportation companies in the world, I was told. And the same thing with this bed and breakfast and stuff. BNB, I don't know. But anyway, you'll notice here is that ABCD pattern that we're looking at coming in at around 52. We're trading around 60. So that doesn't give a lot of what I call promise for the Uber, but we'll have to wait and see. Folks, here's my two cents worth on these initial public offerings. If you'll remember about seven years ago, there was a one that came out of Harvard called Facebook. Let's take a look what Facebook did. Let's just get up here and take a quick look. Facebook opened at $45, okay? And you can see it went from 45 to 25. It dropped pretty much in half. Then it rallied up to a 382 retracement and then came down. It didn't give its first buy signal. You see the guardly with that big triangle that's there. There's the first guardly right at the 78% level. Stopped right there and that was at $19. Then it had a rally back to that old resistance at the 382 level, of course. That was nothing more than a 50% retracement of the whole move. Then it came down and you'll notice it made a guardly sell signal up there at 29. It went down to the 61% retracement at 29 to 23. And that's where it made a major bottom there because that was the 61% retracement of the low that we made on September the 4th. And from there, it went to over $200 a share. I believe, yeah, way over $200 a share. Just went straight up from that level. So if you're going to do an IPO and folks, we have a big one like what we have with Google. When Google came out in August of 2004, it opened at 102. I think it was 125 sold off all day. When it opened at 70, went to 120, backed off to a 78% retracement all during the day with about two hours to go. And I had a main squeeze at that time and she wanted to buy Google at the opening and now she had saved about $40. I said, if you want to buy it, you buy it now. And so she bought it and we had to leave for the airport to go to one of the... It was a money show over there and so I was over there speaking and when we got off the airport, we didn't have all this fancy stuff with their phones and stuff, but on the tube up there, it was showing that Google had rallied to 130. So she made like $60 a share. She bought 100 shares, so she had made a lot of money and she wanted to sell it, but the market had closed. It closed about 20 minutes late so she was a little upset until it gapped up $60 on Sunday or Monday. Anyway, just if you're going to do an IPO, wait till you find a pattern. Come on, they're there all the time. It doesn't make any difference if you just use, buying these things on the opening and stuff. That's a, oh dear, I don't know how to say it without using some type of street smart, but we'll have to see anyway. Anyway, that's what that's my two cents worth. If you got a pattern, you got a little bit of an edge that you can see, and all these are the same. You can look at all of them. It doesn't make any difference. You just go back and look at Groupon, all of them. They all got the same type of stuff. 877-927-6648. The Taz Profile Scanner is the most revolutionary piece of trading software that you will ever try. Wouldn't you like to approach the markets with confidence? As you begin your trading day, it's likely that you'll be faced with lots of decisions. In order to make the best decision, the first thing you'll need is a strategy that will help you minimize your risks. 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The team at Taz has even put together a 12-part video series to walk you through every aspect of the Taz Profile Scanner, which you can find directly on the Taz Order page at TFNN.com. Sign up now for only $97 a month with a risk-free 30-day trial so you have nothing to lose and everything to gain. See for yourself how you can harness the full power of the Taz Profile Scanner by visiting the front page of TFNN.com today, and you'll find the Taz Profile Scanner under the Services section. Remember, with a 30-day money-back guarantee, you have nothing to lose. Don't let another day pass you by without trying out this amazing piece of software that will revolutionize how you look at the market and how you place trades. Sign up today. Many of our new listeners have heard about the Tiger's Den. The Tiger's Den is a lively community where professional traders and investors can meet, exchange ideas and information in a comfortable, moderated atmosphere. Hear all of the TFNN shows, plus see all of the charts as they happen live and have access to archives of all of those charts. You can test drive the Tiger's Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you. Details on the Tiger's Den are on the front page of TFNN.com. TFNN has launched our brand-new website. You can still visit us at the same TFNN.com URL, but when you do, you'll see a new and improved homepage with a much simpler navigation, whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new TFNN.com now and experience all the upgrades. TFNN.com, educating investors. Call now, toll free at 1-877-927-6648 internationally at 727-873-7618. Folks, it's storybook time. I'll have to tell you why. One of the reasons that I get frustrated in this business is the computers. And I've had a major problem with the computers here in Cowboy Town in the last few six or seven days. One of the big computers cost a little over $6,000 about seven years ago, just basically burned up. So I had to send it to the graveyard and get it replaced and stuff. And so yesterday, I called my sister and was moaning to her about it, and she was laughing at me. And she said, do you remember when we were little what mom used to do whenever we complained? And I said, yes. And folks, there's a place in Terre Haute, Indiana on the west side of the Wabash River called Toad Hop. It's also, the real name of it is Taylorville. It's a place for the homeless folks. I mean, you would not believe. And folks, I'm going back 60 years. That's where they live. They didn't live on the streets. They were not allowed to live on the streets and in the parks. They had their own little place there. And my sister told me that it still exists. And so my aunt and my mom would take my sister and I, well, my sister was always good, but she would take me through and say, you think you're poor now? Look what these folks have. And that always brightened me up. So whenever I have a day like that, I go down to the gospel mission and I realize how lucky I really am. And then my sister was joking about, in August of 1980, the girls were back there. The whole family went back with the exception of me because I had to work, but 20 men was playing in a blackjack tournament in Las Vegas. And so I went over with him to play poker. We went over on a Thursday night. He was playing Friday, Saturday, and Sunday. And on Friday morning, I went down to play Kino. And my grandmother used to teach me numbers by Kino. There's 80 numbers on the board and you had to pick eight or 10 or whatever. And if you pick eight out of eight, it was a lot of money. So if you bet a dollar, you get all eight numbers and it was, I think, it paid off $50,000. If you hit seven out of eight, it paid like $1,750. So I'm playing and, son of a gun, I look up and I hit seven numbers. And I was really excited. I ran up to the counter and I said, I've hit seven numbers. The clerk looked at me and said, no, sir, you didn't hit seven. You hit eight numbers. The last number that came up was my birthday number, 28. I didn't realize the balls had still not dropped. And I got $50,000 for that. And 20 men didn't come down until I called him. He usually didn't get up to late 30. And anyway, it was a long story. I don't want to go into it anymore. But believe it or not, 20 years later in 2000, I hit an eighth spot again, but now they only paid $25,000. So I hit two eight spots in my life. One paid 50, the other paid 25. So I've been relatively lucky at that. So anyway, when you're feeling low and down, go look at somebody that has a whole lot less than you folks because there's a lot of people out there that way. And, you know, I know we still complain. You know, everybody doesn't like to hear anybody complain, but that's where it goes. Okay, we'll get back to the charts here a little bit to take a look at it. A lot of talk about Apple folks. We've talked about Apple before. I want to bring it up here so we can take a look at it right now. We did get up to that 61% retracement. We'll be able to see a little above 200. Actually, I think we're trading just a tad below that right now or right near it. So that should mean something, but whether it does or not, you know, I'm not sure. I do have some news on programming. Tom O'Brien, I will be taking over for the Tom O'Brien show several days next week while Tom is gone. So if you wanted to listen in, I think it's from three to five on, I don't know which days I'm going to do it yet, not every day, but I think I'm going to do three of the days. So we'll see if that's going to, if that's going to, you know, be the, during that time, I'll be talking about stocks mostly answering a few questions. I mean, I mean, just hold on just a minute. Al's telling me that the call board people calling in is just, it just swamped right now. So folks, so don't call in right now because there's just too many calls coming in asking question. What is that? Al, you say there's 50 people waiting. Okay. We'll do it by lottery after the break. We'll get a lottery number going. So those that call in will be able to get, get the calls in. Okay. Oh my goodness. It's up to 60 call waiting. Oh my goodness. Well, let's just move on here. Hold the phone. Maybe somebody will call in one of these days. God bless you, Mr. Z. God bless you, Marshall. I know you guys do call in and that's it. And you do get your $20 whenever you call in. That's for sure. Folks, let's take another look at one of the fang stocks here. This is the goog. There was another one. Hold on one second here. It's been stronger than some of the others. It's got above the 78% level still trading up near that level. Those companies folks, Facebook and Google, they know so much about you that it's, it's absolutely pretty scary. I mean, it's an Amazon. Oh my gosh. Amazon knows so much about you. Yesterday I Googled, I Googled, what's the best razor in the world? Because I don't like to shave. Well, I do shave, but I don't like to. And so I like to get the very best I can for a razor. And I bought some of these ones from, what is it, the shave club and Harries and stuff. And they're just nothing. They're not really very much. And so I tried another one. And I didn't think Harries was that good actually. The, the, the lather was pretty good, but the razor was not nearly as good. Anyway, they knew exactly. I mean, I, they had history of, which they should have because I buy stuff from them. But it's amazing everything that they know about you. It's just really amazing. But from what John Jameson tells me, that's nothing compared to what Apple knows about you. So we'll see. Apple knows what you are, what you had for breakfast and what you're thinking about having for lunch. Okay. Mr. Z, you're the best. I had to be careful. Oh my goodness. Al said the calls are up to 72. He said it's almost an all time record. Shut the front door. You're right. I believe that thing about 1984 is probably coming to fruition if we haven't made it already yesterday. One thing I did enjoy yesterday folks was the fact that I was watching a little bit of the, the congressional thing with the finance committee and when Steve Mnuchin was on and she was being grilled by Maxine Waters, Maxine Waters. We didn't, didn't evidently know that Steve Mnuchin is a multi, multi, multi-millionaire. She was worried about him losing his job at the, at the Treasury. Anyway, we'll see what's happened. Anyway, that's neither here nor there. You know, one of the reasons these guys take these cabinet jobs is they get a really good break on taxes. I think Hank Paulson, when he took over as Secretary of the Treasury, he had like $470 million or something like that and he got like a $120 million tax break for being a, you know, the Secretary of the Treasury under Obama. So, who knows? We'll see what happened. That's all, that's not just Obama. That was, that's all of those guys get that break. That's how they get these people to come in and the make it. Yes, Steve Mnuchin does a lot of movies. He's done some really, really profitable movies. If you, if you Google it, you'll see that he does a, a pretty good job here. Folks, the silver is still acting very, very poorly. Let me get this up here. We can talk about the markets here a little bit again. I had a guest plan. Keep it on. 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With nothing to risk, sign up now to Larry Pezzavento's Fibonacci 24-7 by visiting the front page of TFNN.com under Trading Newsletters. The path of least resistance is David White's daily trading newsletter. And if you're looking for active trading ideas, then now is a perfect time for a 30-day free trial to this powerful daily trading advisory service. David uses his years of trading experience to offer his subscribers his trading ideas each morning in his Path of Lease Resistance newsletter. Using a combination of equity trades along with options, David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted. Don't miss out on this great chance to get a 30-day free trial to David's daily newsletter, the Path of Lease Resistance, with no obligation to pay anything. 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The Art of Timing the Trade Charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of the Art of Timing the Trade Charts today by visiting TFNN.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Okay, folks, hats off to our good friend Mr. Z. In the room today, he posted in the tiger den that the gold was going to be down $17 an ounce from the high, and by golly, spot-on, there it was, down $16.90. Well, you missed it by 10 cents, Mr. Z. Try to polish up your entries from now on, but spot-on, buddy, that's really a good one. That's the half-harmonic number in gold, and gold follows those numbers very, very nicely. That means we could be looking at a pretty significant bottom here in the gold, and any move below $12.97 would certainly negate that, but we'll watch one thing at a time. There is a lot of things going on, folks. Today, as far as astrological things that were pointed out to us the last time Norm Winsky was on, so pay attention yesterday and today were really big days, so a lot of things could happen. We've had a pretty big drop in crude oil. We actually dropped $1.10 a barrel from the high, if you can believe that, and now we're in the midst of a rally, but watch the time frame of $10.45 today for you folks that like to follow the artificial intelligence stuff that I look at. I'll bring this up here just for, because we've made some really huge improvements here the last few days. Eh, better not do that. Yeah, might as well. Hold on one second. Just remember, this is all related to time. It has nothing to do with price. You'll be able to see, it looks like we should top somewhere around 11 o'clock, and then for two hours, you're going to have a pretty big move. The last hour of the day is the least predictable for this, so the last part of the day, you certainly don't want to consider it, because it's basically for day trading and for timing of the trades, but that's neither here nor there. Okay, let's move on to the next one. I want to get some more of these. Shut the front door and raise the rent. Let's get one more here. I want to cover one more of these things. This is the Netflix. This has been actually behind the market a little bit. Give me one second here. And soybean meal, you betcha, Mr. Z. This is what we call gift day. Anything you would like to see on the charts, all you have to do is to call in to Al, and he will give you the first call around, of course, was Mr. Z. He gets to see the soybean meal, so we'll get it up here for him. We'll scroll down the old chart list until we get to the Z's for soybean meal, and there we're going to do the Christmas. Let's just do nearby and we'll see where we are here. I am very bullish the meal. Of course, I'm very bullish the beans and I'm very bullish wheat. I'm bullish all that stuff. Hold on one second here. Here's where we are. You can see, oh Mr. Z, this is a really interesting one because we've got this really nice triangle built here. You can see the highs from the 25th, the lows from the 20th, the lows in the 25th, that's a 78% retracement, just absolutely spot on, rallies up to the 61% retracement. Now, the $64 question is, do we move down to 305 one more time or do we break out to the upside? We don't know the answer to that, but if we got the meal back down to that 305 level, I think it's a buy there with about a $2 stop, so you can, that's a $30,000 contract. You can trade it for 300 bucks without any trouble at all, so it looks like it could be a very, very interesting one. But the one that I like the most of all the grains is the wheat market. I really like the wheat. I think it's got a good chance. Keep a really close eye on that July wheat because I think it's got a really good chance to rock and roll today, and the actual time for that would be to watch it at around 11 o'clock in the morning. That's the one that I would be watching at 11 o'clock this morning, and that's the eastern time, of course. So that's something that you might want to take a look at. Let's move on here to the last one that I wanted to cover here. No, I think I did the last one. I'm not going to do any more of those. Let me see any other questions coming in now. Folks, I'm going to have to give you a little bit of a refresher course in etiquette. When I do these shows to try to help out here at TFNN, it's not as easy as you might think. It takes me about an hour every day to prepare for the show to try to keep it new and interesting. On days like today where I was up in the middle of the night working on this blankety-blank-blank computer with Skinny Kenny, I get a little bit tired and frustrated, so I don't have as much to talk about today, so I need as much help as possible. This is when you want to make up stories about call-in. Say, gee, whatever happened on the 3rd of March in 1926? See, thanks, Mr. Bill, but it's not as easy as you might think, especially on days like that. Let's just switch over to the British Pound here. Hey, Roy's calling in. Let me get the checkbook out. Roy from Fort Worth. What can I do for you, my friend? Yes, sir Larry. Good morning. I was wondering what your opinion on Bitcoin has been dormant for so long, and now it's showing somewhat of a surge here. Oh yeah, we'll pull back now. Yep, we've actually went up to, I think, we got up to 5,500. Let me post this for you. You know, we had a really strong buy down there looking at the guardly pattern there when it was at 3,400. You can see it marked there with the triangle there if you're on to Tiger TV. Remember, Roy, this market came down from 19,000 to 3,100, and that's actually the fourth time since 2010 that the market has corrected more than 80%. That's the fourth time. So if we get this above 6,000, and I will be watching for the first correction here, if we get this above 6,000, we could have something really significant, but I don't think it's about cryptocurrencies. I believe it's about blockchain technology, but Roy, I know so little about this and I would be the last one. You know, I can see the charts. That I understand, but as far as what they mean and stuff, it's so far over my head that I don't even want to think about it so far above my head, pay grade. Did you ever get involved with it at all? Yeah, a little bit last year, and then I got up before the bus and now we're just waiting here. I'm getting in with the GPTC. Got into the 5, so it's been doing pretty good this past week. Okay, just make sure that, you know, you keep a stop in on these because these ones that are traded on these Bitcoin exchanges, I think there's 81 different Bitcoin exchanges and 71 of them CNBC reported as being bogus, so be really careful with that stuff. It's the Wild Wild West, as you would know about Fort Worth. Right out. Well, thanks, Larry. I appreciate it. Thanks for calling in, and it's one of my favorite cities down there. I love Fort Worth. All right, good deal. Put you on the horse when you get here. Oh, listen, I'm an expert writer. I go to the track every day and pick the jockey that looks like me, and of course, if I pick three jockeys, I'll have one me. Anyway, thanks for calling in, Roy. I really appreciate it. You bet, yeah. I just had a funny thought. We've got the first Saturday in May coming up here in a few weeks, which is the running of the Kentucky Derby, and I'm still in contact with the coin dealers that I did business with in Los Angeles all those years, and they always call me to ask for, you know, to talk about the horses, because I know about as much horses as I do the markets, but I've had a couple of winters through the years, but it's really fun to remember this stuff anyway. That's the real good part of the memories. There's no question about that. Okay, let's move on to the Japanese end, folks. We have a question here, because we're getting up here. We'll take a little break, and then we'll answer this next question. If you're in the CD market and looking for a secure investment, the Tiger First mortgage program may work for you. The security for these first mortgages are building lots in the tax opportunity zone in St. Petersburg, Florida. The Tax Act of 2018 set up tax-free zones across the country where you can build and hold for 10 years tax on the profits, which makes these lots valuable. The investment is anywhere from 30,000 to 75,000. The interest paid is 7% yearly paid on a monthly basis. According to bankrate.com, the best rate for a four-year CD in the country as of February 20th is 3.1%. A $50,000 investment at a normal four-year CD rate of 3.1% would give you income of $1,550 per year, or $6,200 over the four-year period. That same $50,000 investment in the Tiger First mortgage program would give you $3,500 per year, or $14,000 over the four years. What should you prefer? $6,200 or $14,000 of interest on your investment. If you'd like more information about the Tiger First mortgage program, you can call me at 877-518-9190. That's 877-518-9190. It's amazing to think that Tom O'Brien started his weekly gold report 17 years ago with the first issue published April 7th, 2002 when gold was trading at under $300 per ounce. Gold peaked at more than $1,900 in 2011, and after spending many years consolidating at lower prices, gold may be poised for its next big run. Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. As of April 1st of this year, the gold report currently has eight active positions with an average unrealized profit of almost 8% for each open trade. New subscribers get a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your gold report subscription today, visit the front page of TFNN.com. Don't let gold's next big run pass you by. Sign up today. Will the S&P 500 continue to climb for bold trades on U.S. large-cap stocks in either direction, trade SPXL, SPUU, or SPXS, directions daily, S&P 500, bull and bear, leveraged ETFs. Direction leveraged ETFs. An investor should carefully consider a fund's investment objective, risks, charges, and expenses before investing. A fund's prospectus and summary prospectus contain this and other information about direction shares. To obtain a fund's prospectus and summary prospectus, call 866-476-7523 or visit Direction Investments.com. A fund's prospectus and summary prospectus should be read carefully before investing. An investment in the fund is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. Mr. Z, John from Philadelphia calling in today. John, how are you doing? Boy, oh boy, Larry, your need of razors, computers, some psychological relief. Holy cow, let's go swimming over in the Wabash. Yeah, oh my gosh, over there by Taylorville. Yeah. Have you ever seen Taylorville, John? Did you ever know it was there? Well, Larry, there's a great many cities in this country. Yeah, they have to have their own Taylorville. So I've seen a great many, yes. Yeah. What can I do for you, my friend? A question on gold, please. I wanted to ask if you'd pull up that chart, the shorter term chart, very specific question. First, by way of background, I am guessing, it's merely a guess, that the low March 7th and then last week April 4th, I'm guessing that is a double low bottom to be followed by higher price. How much higher, of course, is unknown. What's obviously clear is there's just massive weekly chart resistance, you know, 1350 to 1375. So nothing to get really excited about until you get over that. But short term, what is it that you'd need to see that would tell you, hey, that 1285 low back on the 4th of April, that is the bottom and a more significant rally phase is already underway. If you could give your read of what you'd need to see to give you that answer, I'd appreciate that. John, I would like to, but I'm prevented because of the fact that if I told you, I'd have to have you whacked. I don't really have any, I don't really have any, you know, anything new to say. All I know is that if we clear 1317 on a print, this thing's going to go a lot higher because we stopped exactly at the 78% level yesterday at 131470, that was to the tick and we backed off $17 as you pointed out, which is one half the harmonic number in gold spot on. It was right out of 61% retracement from the low on April the 5th. So that's really strong support. What I'm watching this morning is the 3A2, which is at 1305. If we don't clear 1305 here in the next three or four hours all day today, then this market's going to be going lower and the real easy buy, if we would ever get it, would be down around that 1260 to 1255 level. But boy, when it gets there, the people are going to be scared to death because it's going to be down over $100 from the high and yet that's going to be the first major ABCD that we've had in over a year. And those are the ones that Gartley loved. So that's what's on my menu. 1266 is what I'm looking at in June gold if we can get there in the next two or three weeks, which would be ideal. That would be a really good entry for gold. Thanks very much for that elaboration. As I listened to you mention, the 1305 5382 level just on the way back up, I combined that with the observation you've made many, many times in the past that I found very helpful, namely, be respectful of going against markets that have made wide price spread. And just on the hourly chart today is one of those phenomena where we do have wide price spread, excuse me, going lower. So thank you for all that and I'll keep my eye on that 1317 and we'll see if that happens or if we get your 1255, 1260. So thanks for doing the show. I will speak for all of us listening. We're forever grateful for you putting forth the effort to get prepared to do this. It's very helpful. Well, John, I hear the sound of one-hound clapping in the background, so thank you very much and I'll get that $20 check into mail to you as soon as possible. Very good. We'll see you. Hey, I look forward to seeing you soon, buddy. Take it easy. Okay, let's move on to the next one here. We talked about that Japanese yen. Folks, that Japanese yen, if it can get above 112, it's got really strong legs. It hasn't done it yet, but if it can get there and if it can get there, then it's got a pretty good chance of something really, really big happening. So keep an eye on it. It looks very, very interesting for sure. Okay, now the next one we want to cover here. If you'll give me one second, I want to get into the currencies is the British pound. I'm still holding out. I want to get this up here to let you see it with all this Brexit stuff. Thank you, Pedro. I appreciate it. Instead of saying that you appreciate it, give me some plutonium. I'm not on the plutonium train, Mike, but I will cover platinum next. Hold on one second here. Here's the British pound. I'm still holding out for a maybe move down to around 129. That would be a beautiful garlic pattern down there. Be a 78% retracement of the low on February the 15th, and it would be a 382 retracement of the low on the way back on January 31st, when the Japanese banks did their annual bank robbery. All right, let's take a quick look here at the platinum. We'll just get it up here so we can take a look at it. I wanted to show you what's happening so far, and oh, it's on the other side of the hill. Hold on a second here. Where's the platinum? There we go. Okay, let's just get this up here. And this is a real interesting one, Mike, because I want to bring it to your attention. Here's platinum where we were as we came in on Sunday, and here we are on Thursday. Remember, I talked to you about the importance of that 888 level in platinum. We got down to 890. And what I'm going to do now, Mike, if you'll bear with me since we've got the time, I'm going to pull up the platinum chart so that I can show you what happened yesterday because it was a really, really good entry point in the platinum if you were following it, and unfortunately I was having computer problems so I never really got to it, but give me a second here, and I'll show you where we are. There's where we are. Just one second here. This was yesterday, of course. Let me draw this little guardly in, and you'll see it really clearly. There we go. Okay, let me bring this up to you so you can see this nice little pattern that we had here yesterday in the platinum. You'll notice that we made that really nice guardly down there at right around the 894 level. You'll notice the ABC structure on this came in at 888, but the low was actually 890, and then it rallied for a couple hours during the day, and it made that beautiful guardly pattern there at 894, and then away it went. It went all the way up and hit the exact 78% level. Hold on one second here. The exact 78% level, and then it's getting ready to possibly break out to the upside. Folks, we're trading at 914 now. It looks actually pretty good, so we'll take a look at it. Only got half a chart. Did you get the full chart yet? Oh, Mike, you ought to hold off on that 1,000 in platinum. It's got to get through 930 before it gets to 1,000, Mike. Anyway, we'll take a little break. Well, coming to the end of the road here, we'll be right back. 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Later, Basil found that computer software which included the standard market technical indicators enhanced the degree of accuracy in calling price turns as well as market trend calls. Thus was born the Chapman Wave sequence. Using the Chapman Wave methodology along with other indicators, Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter. Right now you can get a two-week free trial to the opening call, Basil's daily trading newsletter, by visiting the front page of TFNN.com. Cancel at any time during that trial and pay absolutely nothing. Get your two-week free trial to Basil's newsletter, the opening call 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. Okay, we're back, folks. Let's keep an eye on these markets. We're due for a pretty serious correction in stocks. In my opinion, the pattern that we looked at, that Al Jones is by far the weakest of the three major indices we look at. So keep an eye on that one. It's certainly being affected by Boeing. You know, here they almost have to take this plane out of service, which is very unusual because those boys usually do a pretty good job with the safety, but we'll have to wait and see what's going on. Regarding the platinum folks, we've had a really strong rally here since we made that low down around $890. The perfect ABCD on that was at $888. It missed it by $2. And then, of course, if we get much above the 78% level, which is up here at around $13.15, let's try it again. They're at $9.15. Then you could easily start a move going higher. And remember, the platinum has been running counter to both gold and silver, silver being the weak sister of the group. So if you're going to buy a precious metal, you do platinum, then gold and silver. If you don't like trading platinum, then you do the gold. And if you don't like gold, I wouldn't touch silver because something's wrong. It just doesn't want to go up yet. It'll tell us when it's ready, but right now it certainly doesn't look like it has legs. So I would stand aside. So pay attention to that. Watch the treasury bonds, folks. We made a major top in those bonds at $150.20. We've not been able to rally very much at all. That's a negative sign. And maybe it'll rally today, but it's not bouncing. And when it doesn't bounce very much, that's important. That's why this bounce in the gold, it needs to get above $1305 quickly. Otherwise, it's going to show more weakness. We'll see if it's going to continue. We're trading about $1302 right now. We've been as high as $1303, so sort of pay attention. One other thing, live every day in an attitude of gratitude. And may God bless and be sure you do something for people that have a lot less than you.