 of traders. Sign up today and become a part of this educational community of traders just visit the front page of TFNN.com. 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. Okay, looking good. Billy Ray feeling good news. Let's talk a little bit about learning folks. I most of you that have been here to see me and there's been a few of you. You notice I have a very large library of hundreds of books and a lot of different subjects matter all related to numbers and market stuff usually. My book that I cherish the most is called Secret Teachings of All the Ages by Manly Hall. Manly Hall lived in the Los Angeles area upon Mulholland Drive for many years. He was self-taught by his mother. He traveled all over the world. He never went to a regular sophisticated school like a college. He might have attended them for a few classes, but he didn't graduate. He wrote probably 50, 60 books over the years. His Institute of Medical Physics is still there on Mulholland Drive right down the street from where Mike Milken lives. I used to hang out there all the time when I was at Drexel and also during the years when I was trading at Conti Commodity because I've always been attached to numbers. Many years ago a gentleman came to visit me from London that we had met at a Tom Hougard seminar. He spent quite a bit of time here with me. We became closest to friends. I cherish him as one of my closest friends. His name is Norma Sharr. He's written a book called Plato and the Koran. Folks, if you have any interest in numbers, I'm not going to try to give you a sales pitch because you can't do it in just a few minutes, but there's a five-minute video that you should watch. If you really want to look at something, I just moved my Manly Hall book over and I put it right next to it because there's three books up there that mean the world to me. That one, this one, and also the Dimensions of Paradise by John Michelle. But this is a book you really should look at. If you're thinking of getting a gift for somebody that has everything, he doesn't have this. It's got some really, really great stuff in it, folks. I think you're going to enjoy it. All you have to do is just look at that video. It'll self-sell itself because it's been the maps in there and the history of Mesopotamia. Oh, my gosh, it's just, it's really spectacular. And the things of the Bible about Jonah and the whales and stuff. I mean, it's all related numbers and he's been able to decipher this in a way that you're able to really understand it and see the value of everything. It doesn't make any difference what your religious background happens to be. This is history, folks. This is the kind of stuff that's in the library at the Vatican. So give yourself a gift for Christmas in the middle of the summer. But it's really quite special. I'm going to be talking about it more and more because it is, it's really a special book. There's no question about it. Okay, let's move on to the markets. First of all, I finally got 10 hours sleep after not sleeping through the big storm where we lost our electricity. This morning when I woke up, I looked at the kitchen floor and there was a glass all over it. The plate glass window that we made it through the big storm actually had a slight crack in it in the middle of the night. It kept splitting and splitting and splitting and it finally cracked open and I was still asleep. And when I saw that, I have to get it replaced, but that was my only damage. But boy, we had a heck of a storm here to really mean quite a bit. The $64 question that everybody's asking me is what went wrong because, you know, I had all these numbers saying that Monday was going to be the day. Well, actually Friday or Monday was going to be the day. Of course, Friday and then Monday and Tuesday were spectacular days as is Wednesday. We've gone up to levels that we've not seen. We've broken all the Fibonacci numbers in everything except one and that is in the Dow Jones. And we broke it by 100 points. We're 150 points below that right now, but that's neither here to there. The sequence of this is either I'm totally wrong that this is going to be a continuing bull market going up forever. Or we're probably going to have one heck of a correction in here. The bullishness now is the green index is off the charts. No question about it. The overbought index is off the chart, but it hasn't turned down. If you'll remember when I was on the show on Monday, of course, we had that big storm Monday afternoon and I was totally out of commission on Tuesday because I had no electricity. But if you remember, one of the things that I posted that morning was the fact that the move that we were having in Microsoft, which was, you know, the big thing in the Dow Jones, it had made this beautiful 382 retracement right on the open. And then from that level, it just went on and just, you know, oh, what happened? It did post just a second boys and girls. I'm having a slight technical adjustment here. We'll get this up here. So we'll be able to see here we go. We're almost ready to go now. All right, there's where we are. Okay, now you'll see here. And this was all probably 80% of this was Microsoft. And then the people just, you know, hanging on the bandwagon and stuff. But that's one of the reasons that that's when it shattered. I took that one shot 150 points in the Dow. And I just stood aside. And that's basically what I wanted to do. I stood aside all day yesterday and pretty much all day today. Believe me, folks, it's been very emotional with my brother, Lawnmine, who's quite ill. And my sister's birthday, I was supposed to be there today, but the flights were canceled. And so anyway, we'll move on to that. I just wanted to say, no matter what happens here, folks, we're going to have some great, great patterns, you know, that are just going to be absolutely spectacular. Now, we always talk about the German Dax. So let's get up here. And first, what we're going to do is we're going to remember that this is in the midst of what we've got going here in the US. And these are pretty much up to date this morning. So first, we're going to look at the German Dax on a daily chart. And the reason why I do this is because our good friend, Mr. Hougard, trades this just like we do the S&P. And as you can see here, we have there's that 135 pattern. You see the green triangles on the right? That's the 135 setting. Exactly. There's one, three and five right here. There's one, three and five. And it's done exactly what it was supposed to do. Now, what we're going to do now is we're going to go down to a little microscopic view of this and look at it on the hourly basis. And you're going to see that is actually working quite nicely. This is what patterns are for folks. They're there to help you see where the market direction is going. And when they fail, it's going in the other direction. You can bet your socks or a few pennies if you want. But you'll notice here, we have lower highs in here. This is a sign that yes, we could be rolling over here. We've come down a little bit, but not a great deal. But at least the pattern is working. We know that if it goes above that recent high, your risk is so darn small, you're in and out of it without any possible, you know, ramifications for having a big loss. Okay, now let's switch gears. Something that we've been talking about here for a few days, it's been working quite nicely. And that is the British pound. Same thing here. If we get this up and take a quick look at it. This is the daily chart. And you're going to see the beautiful three drive to a top pattern. Perfect symmetry, folks. The number of days up in the AB leg equals a number of ups in the CD leg, setting right up at that 1.618 level. And we've already broken 200 points down. We went from 131 up to 129 in that British pound. And if we look at this, on the four hour, this is what's really interesting is because the low today, and those of you that follow us at TWS, tradeway, you'll notice that we follow that 382 ratio. So very, very closely. And as you can see, all we've done here is to go up to it and stop. Anyway, we're going to take a break here. We'll be right back 877-927-6648. currencies commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Keg stat's Tiger Forex report. Teddy Keg stat breaks down the Forex markets every Monday using his 30 plus years of experience as a trading veteran of futures forex stocks and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the euro dollar, pound dollar, dollar Swiss, dollar yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30 year T bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy 60 minute webinar archive. He just hosted forex strategies and fundamentals. What is behind the Tiger Forex report? 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So you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk free today. TFNN educating investors. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open along with updates when warranted. Stay ahead of the game with Tom's real time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30 day money back guarantee for all new subscribers. So you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award winning newsletter Market Insights firsthand. TFNN educating investors. Call now toll free at 1-877-927-6648 internationally at 727-873-7618. Okay, folks, we've had requests for one of our listeners to bring up a coffee chart. Now most of you know that I do not trade coffee for the reasons I've stated in the past. I got too much other stuff going on. But this is an absolute perfect Gartley pattern. You can see the market is setting right at this 78% level now for almost two weeks. We've made slightly lower lows three or four times. One of them almost today just by a few pips. But folks, I personally believe the coffee trading here at 156 offers great value just by looking at the chart. The AB leg and the C day leg are almost equal in time, setting exactly at the 78% level. Your risk here is about two or three cents per pound on coffee and the profit potential is well over 15 or 20 cents. So that's an eight to one risk reward ratio. So it might not work. But I have it on my watch list. I got the limit miners on I have not put an order in for myself nor will I put an order in for myself. That's just not going to happen because I'm just too busy doing the other things that I do that I don't really need coffee even though it's okay. But it hit 159 80 so far today. I think that's where it's trading right now. I'd have if I were in it and I'm not, I would never stop at 150, 380. That's the main thing that I would be doing. Okay, now I want to talk to you just a tiny bit here about the Dow Jones E mini. I want to get this up here. Now this is the E mini. This is not the this is not the contract itself. But there's the one thing that I could have maybe made a mistake on and maybe that was the reason I don't know because the Dow's what made everything go up on Monday and Tuesday because of Microsoft, which is the one of the major Dow stocks. But if you'll notice here, you can see the ABCD leg right here. This is a weekly chart folks. Now what we've done now is we've taken out this high. That's that basically 150 25,300. Okay. And we hit the high today was 25,400. We went in that vertical move we were having this morning, we took that out by just a little bit. Now if we close below that 25,200 level, that will tell me that yes, maybe this ABCD that we're looking at right here may be the valid one and I missed it because the S&P was so very, very perfect in both cash and futures. But remember folks, that's when cash was trading at 47,000. The S&P was trading it at 47,35. Folks, we hit 46,10 today folks. I mean, that is what we would call a major failure. And so we don't know. Also, the other one, if you remember the Dow Jones Transportation Index, we pointed it pointed that out several times now, it has made a new high, but only slightly let's just get this up here. So we'll be able to see that we can get it together here with any luck at all. And the luck is not running with me right now. I don't know why there it is. It's here. Luck is with us again, folks. Get this here and we'll see it. There we go. Only take a second. And what we've done now, you'll see the high here that we have set up here is at 259. Well, we hit 260 today. We went higher by another little bit. This is Wednesday. We made a higher high slightly on Monday, slightly on Tuesday and slightly today, we're still around that 26080, I think was the high. So if this ABCD is correct, we're off by one week, which we could be. And, you know, maybe we're not. All I know is that I'm not going to trade until I see a pattern like I had on Monday. Yeah, I would do that pattern all day long. But it lost. And that's, that's when you know, you got to get out of dodge is when something like that happens. I say this every day. It's not how much money you make. It's how much money you don't lose. Because if you still got a few shekels in your pocket, you're going to be able to find a winning trade if you use these patterns because they work roughly 60% of the time. And the other part of the time they just don't work. And that's the key to what we're watching here. Okay, very, very important to remember these things. All right, now let's move on here to the Euro. We talked about that quite a bit. And it looks like we have some type of a small correction going now. Oh, just a second, broadsword to Danny Boy, they were over back in business. There's the Euro. And of course, the pound was the easiest one. You remember, we had a three drive to a top up there in the pound. It's dropped 200 pips, which is a very substantial amount, considering your only risk 50. So that's a four to one risk reward ratio, which is very good. That's all you're really trying to do is to line them up to make it look pretty good. Now, since we're talking about the Euro, what we're going to do now is we're going to switch over to the US dollar index. And I know we have a little bit of a I wasn't on hold on just a second. I was on yesterday, but Monday was the day we had the big problem. Okay, just give me one second here. I've got to get this up here. What did I do wrong here? Okay, now I got that correct. Move over here. Get this there where we go. Okay, here's the dollar index on a daily basis. You notice that we came down and you notice how we took out the lows of the last few days by a little bit, and then popped above that number. That was telling us that there was a probability that the Euro and the pound were going to back off because this is the dollar index. And that's 53% of that is the Euro. And that's why the market turned and had the pretty good rally. But at the same time, folks, if you remember, we were watching the weekly chart because the weekly chart is the one that had the absolute phenomenal pattern that has been proven to be correct. And that is we made it to the 61% retracement on the dollar index. You can see the three drive to a bottom pattern, folks. If you don't believe this, do it yourself. There's drive one, there's drive two, there's drive three. You'll look at you have an ABCD pattern coming in here. You're exactly at the 61% retracement. Okay, this could be something really, really significant, folks. If we get below here, we get below 98 on the US dollar, the low was 9920, I believe. If we get below 98, all bets are off, then you'd be looking at something to the order of ABCD to the downside. But right now, we're looking for the market to rally up into this 102, 103 level in the dollar index. Okay, now, it's all probability related, folks. So, you know, don't go saying I got to do this because it's going to work every time. Not going to happen. Just not going to happen. Now, people ask me about trading breakouts and stuff like that. I don't chase markets. I'll trade a breakout occasionally, but I'm a pattern recognition trader, folks. I watch these patterns every day. I know what my edge is. And that's all I really have to do. I don't have to do anything else. I'm not going to try to, you know, pick where every market's going into, you know, when I did that special report, I wore it, I warned everybody. Hey, look, this looks so beautiful. It might not work. And it didn't. You know, I've had these happen all the time. They've had others that I've done. It worked pretty good. I'm right about 60% of the time. I don't expect it to do any more or any less. And that's why I'm doing it. Let's just talk just a little bit here about this one that I want to mention to you because I think it's quite very, quite, quite important because this is one that really could be telling the tale. And I just missed how high I can go. This is the cash S&P market. This was as of this morning, folks. Now, we did make a slightly higher high up in here, but this is as of this morning. You can see you have really nice symmetry between AB and CD. Now, the actual weekly should have come in yesterday or last week, Friday. That's where I thought it was. Here it is Wednesday of the next week, and we haven't started going down yet. So if we don't start down this week, this thing can go up a long way and you don't want to stand in front of it. That's a $64 question that you don't have to answer is because you don't want to be involved. Let's take a break. We'll be right back 877-927-6648. The Gold Report. As a precious metal, gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The Gold Report. Tom O'Brien publishes his weekly Gold Report every Monday morning for subscribers consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report. New subscribers get a 30 day money back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. 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So it's a question of if this thing is going to turn it'll be has to be doesn't have to be it should be today or tomorrow Friday because if we have an up week today, like we've had and finish it that strong, you know, all bets are off. It could go, you know, a far, far greater place than I think it go. And that happens more often than you might think. Now I want to walk walk we through what's going on in the grain markets, folks, because we've had some spectacular moves here. Yesterday, when we were have a right when we had Jeff huge on, I wanted to bring this up to your attention here. This is the hold on one second till I get this chart up so we can see it here. And we'll get up here and you'll see it. There's where we are. There's where we were. You see we had a pull back to the 61% retracement here was a number, you know that that was the 61 on the downside. Now folks, one of the things you want to remember if you're in a really strong market, you see the 61% retracement, that acts like a trend line, folks. So if you start getting above that, that means usually, especially when you're in a weather market, like we're seeing in the grains, it usually means you're going to be going a lot higher. So all I did was I just brought it forward to show you I wasn't trading this I was looking at it, but I didn't have anything to do with the trade itself because I haven't done anything since the storm. And that was early Monday. So have nothing since that time. Let's get this up here. Get here and be able to take a quick look at it. Now there's, there's what's happened to the week today, folks. Once we broke this level right here, we went all the way up to this. So in fact, we went a little bit higher than this and we started to sell off slightly. But the thing to remember is, if you'd have looked at that, if you'd have looked at that line, you see that line is basically like a 45 degree line. If that line is broken right out of fit number, that means it's going to go up to the next number. So if you buy it above that line, you don't have to put your stop a little bit below it. And then if it runs, it runs. And if it doesn't, it doesn't. That's that's really what you're looking for. Let's extend that just a little bit farther out. And what we're going to do now is we're going to give you the same example here, because this was corn. As of yesterday, let's get this up with same thing happened, only I didn't draw the line in. I want you to see it ahead of time. So that you'd be able to remember, we were trying to buy the corn down there. We missed it by about five cents. And then we were trying to buy it a little bit lower down in here. Then it had the pullback right here. You'll see just right at the exact 50% level. There's where it would have broken the line right there yesterday. And boom, look how it exploded to the upside folks. There's a huge move 20, 30 cents in corn. You know, that used to be the range for the week. So this is telling us, and of course, that's a big ABCD market there. Oh, we've got a caller homely cow. How did someone get through on the lines? It's hard to believe they've been blocked up all day. Don, how are you doing? Maybe I spoke too soon. Yes, you're on the air, my friend. What can I help you with? Oh, hi, Mr. Pezzavendo. This is Don in DC. I talked to you on the 22nd of February when that first down move in that gas hit and I just think it's it's had a had a recent low and I think this low is going to be a good one for maybe a long time. But the interesting thing is it has a double pattern and they both these patterns look just like pianos a hard candle down and then a serpentine move up twice in a row over two days in a two year in a two hour chart and it's really cool. I can shoot you a picture of it. Maybe to your email, I'll shoot you a picture. That would be great. I'd like to see what you're looking at. We can share it with our guests, but it's one of the things that was on my watch list today is because we had the natural gas getting up to 265 and so far that's been the high of the day. That's been the 61 percent retracement of the move that we had, you know, over the past couple weeks. So we're still thinking, Don, that we could get down one more big push down to maybe 238. Watch that real closely because there's a lot of things happening at 238 on a longer longer term chart. So pay very close attention to that one. I agree. I agree with that and I've been looking for that too. But now after seeing this strong pattern, which like I say, I'll put it in your email box any picture of it, but I think it may turn. It may turn away from that. I could be wrong, but I was looking for that volume gap to be filled. But I don't know. I'm starting to think it won't. Well, just remember, no one knows what's going to happen next just because you don't know you're tied with everybody else because nobody knows what's going to happen next, my friend. When someone tells you that they know that's going to happen next, don't walk away from that person. Run away from them because God doesn't share her secrets. That's for sure. You're right about that. And you know it's like Mark Douglas said, we do not know the future and a way to look at that is every next significant moment is a 50-50. No matter what the odds are, it could be 100 to 1 if that next moment could be that one. You're absolutely correct, Don. That's for sure. Listen, thank you for calling in. Please send me that email and I will take a look at it. I really appreciate it. All right. Bye. You bet. Okay. He's from DC. I should remind you, vote early and vote often. Hold on. Let's take a look at a couple others here. Now, one other one that I wanted to share you with, these are things that we're going to be covering when we do the full day trading session on August 2nd. You know, this is where we're there to make money. I'll do a little teaching. We'll do a lot of teaching, but mostly to make money. I wanted to show you when you're following these markets, these are weather markets. This happens to be over the last several days here. I want to get this up. This happens to be the, I didn't have this until after the storm, of course, but I wanted to point out this is the chart of the soybeans. And today, you'll notice that we had our first 3A2. There was your second 3A2. There was your third 3A2 here today. And now we're coming back. We've rallied up, but now we're testing this potentially to the downside. So if we break this level here, then that'll tell us that we're probably getting ready to go and make a more significant contribution to the downside. Folks, this is a weather market. It can change in a heartbeat. I mean, when the rains come, as you've we've seen here on Tucson on Monday, by the way, that was the worst storm in 90 years in Tucson, folks. We have a river, well, several rivers, as the San Jacinto and the Rito, the Rito is about two miles from me. And it was overflowing the banks. And that's that usually is bone dry. So there was a lot of water here, but we made it through OK, which is good. That's the main thing. But to have no electricity for 15 hours when it's 112 out is wondering how the people back in the days of the settlers, how they actually did it, because that's a real mind boggler in my estimation. Now I wanted to bring to your attention two other charts that I think were important. And you'll see this up here that we'll be able to take a look at it. And this is our gold chart. I wanted to this was the this is the one that I really kicked myself because we had a nice profit in the short side, the gold. And we went right down here on Sunday night, sit there right at the 382 here for about an hour and then boom away. It went to the upside. Of course, we sold it there and we did get stopped down. But there was a place to take the profit. And I thought it was going to go lower. So that was my assumption that it was going in. You know how you spell assumptions A S S U M E T I O N. We'll be right back folks 877-927-6648. 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. 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This program is brought to you by Vista Gold, traded on the NYSC American and TSX under the symbol VGZ. Okay folks, we're back and I wanted to put up the chart of Microsoft. This was the one as of last Friday and I can show you the beautiful patterns there. You can see the 3.0, the 1.618, the 1.27. I mean, they're all lined up perfectly. You can see the double top there and that ended. Uh-oh, what do you mean? I just posted it. Shut the front door and raise the rent. Give me a second here. Okay, I just posted it. I did something wrong. Okay, get up here. Okay, here it is. This is why I really thought it was Friday, folks, and we have that type of harmony. And then, of course, Monday, the big news came out. Monday or Tuesday, maybe both days, I don't know. But anyway, this thing went all the way up to almost 3.70. I think it hit 3.66, which is a huge, huge move here. Now, there's another one that's been in here that has been just going bonkers to the upside that we were totally wrong on. And this is why these patterns are there, folks, because when they don't work, you get out of dodge and let them go or follow along. I don't know. But we got up to 2.90 in Tesla, folks. 2.89, I believe, was the high the last time I checked anyway. So I wanted to show you the only one that is actually held up. Well, I didn't check them all, but the one that is held up was the one that most surprised me. And that was Mr. Appel, who's down by the well. You'll see here that it's still within the confines of this long-term trading channel to the upside. Now, it hasn't broken to the downside. It certainly hasn't broken to the upside yet either. So those are just a few. I looked at a couple others that are in the news, of course, Google, Amazon, Nvidia. And Nvidia has a real interesting one because it has completed and has not gone above those magical levels that we've seen. Hold on. We'll get up here so you'll be able to see it without too much trouble here. But it has that monster gap in there. Oh, my God. Look at that. That's just that's where you buy it the day of the earnings. And look what happens if you catch that falling safe. Boy, that's really a big monster. But it's gone slightly higher, but normal. I mean, it's not another thing spectacular. The big one was Microsoft folks. It moved a great deal, 3% above the type target and the old high. So everybody's bullish. The contrary opinion on this, there must be about 90 to 10. In other words, 90% bulls, 10% bears because it's so powerful these markets are moving so very, very strongly. And all I do is I go down and I just go down to a 15 minute time frame and say, OK, where would be my logical place where I could either buy it or sell it? That's really, you know, all I'm looking at. Someone's asked a question about the gold market. Well, folks, the gold markets had a heck of a move off of that 3-8-2. Let's get this gold up here so we can take a quick look at it. I believe. Yeah, here it is right here. I believe. Oh, don't do this to me. Here we go. It's going to take a little bit longer. There we go. Here's our gold market right here. And you'll see the load that we made on Sunday night was that 3-8-2 that we talked about before of the previous move right there, right on the money there at 1949. And we got up to 1986 here in this run. So we've exceeded this. The next level could be up into this level here near the 1.618. So it hasn't given any indication that it's topping yet in the gold market, especially silver. Silver is off to the races. I mean, we're almost at $26 an ounce in silver. We were 22 and change just last week when we got that 3-8-2 retracement number at, you remember, this was at 1909. 1908 was our number. The low was 1903. We made really good money in this, folks. We sold it here, bought it here. We had some really nice moves in that. But unfortunately, I missed the last part of that because I wasn't buying at that 3-8-2, which was a beautiful spot to buy it. But like they say, sometimes you have chocolate cake, sometimes you have vanilla cake, but you better like both flavors because they're going to be mixed up eventually. I don't know what that means, but I just made it up myself. Anyway, folks, one thing on a personal note, please, some white light and prayers for my good, my dearest and closest and only brother-in-law, Michael. He is very, very sick. And I think he's much better than today than he was yesterday, but he's got some physical problems and he's not doing well. So any prayers you can give me, that would be very, very helpful. So let's keep him in our prayers. He's really a stand-up guy, wonderful father and grandfather and great brother-in-law. But he's got a big asset, folks. He's married to Mother Teresa, my sainted sister, Carla, because that is, she's just like my mother. Could tell you stories about the stuff that woman does for other people. You would pull your hair out. Unfortunately, I don't have any hair anymore, so I don't have to worry about that too much anymore. Who's calling me here? I don't know who that is. That's a scam number of sneers, I can tell. Okay, let's move on here. And someone had a question about soybeans. Let's get the soybeans up here. They're still having a big run in soybeans. We'll be getting pretty close to potential top, folks. Let's get up here. Remember, this is a weather market so that it can turn on the dime and stop on a quarter. So if you take a look at this, there's the ABCDs that we're looking at. There's our target levels are up in here. We got up to here. Didn't quite reach it today, but that's backed off a little bit today. This is the first time that we've broken below the 382 of the last move, which was just a little while ago. They're at 14.05, but that's still, it's just a very, very small amount. We're still waiting to see it if it'll get up to this level right here, because that's the only place I have interest in being a seller is up into that area, because there's nothing in here on a shorter timeframe or a longer timeframe that has my interest. So those are, that's my frequency of looking at these is every half hour. I don't set in front of the machine looking at it all day. This is the, during this show is the longest that I set in front of this machine the whole day on the weekends. I spend more time because I'm doing the charts and stuff for the next week. But that's the most time I'll set during the day is because of this. That's the main thing that I try to do. And folks, I don't, you know, I try to work smarter than I did years ago. So I only looking at certain things. I write them down on a piece of paper. These are the best trades of the day. And if I follow those, I do far better off than I'm sitting there watching machine. I see a little micro pattern and stuff. And believe me, that's not in the cards. So you just got to have your game plan stick to it and you're going to be far better off than you don't want to over-trade. I hardly ever trade more than three times a day. And when I do, I usually have a bad day. So I don't try not to do that. That's why when I do this August 2nd thing, I really work hard to get the best trades that I can for that day to show you that's exactly what I'm doing. And I'm going to be doing that for five straight hours. Just like we did this for an hour, I'm going to be doing five hours. We don't take a break. We go straight through, take maybe five minutes for a glass of water or whatever. And then we'll have something to hang our hats on. So that's the main thing that you want to remember that this thing for the August 2nd is there to make money. We've had four of these over the past three years or so. And all of them have been profitable. We have a couple that were monster profits. Others had just basically covered their cost of admission plus a little. But all of them had been profitable. And we've missed some great trades. We've had some bad trades. But you see the good, bad, and the ugly. And that's what we're looking at. I use my favorite quote from Clint Eastwood when he's playing Lieutenant Harry Callahan. And he says, in the movie Magnum Force, he said, a man has to know his limitations, folks. And my limitation is once I get past 15 minutes, it's in the hands of the trading gods. Because those patterns are the ones that put a couple of bucks in my pocket each day. We're going to take a break here. 877-927-6648, Billy Ray Valentine, Capricorn. 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I posted a weekly chart of the S&P 500. It was as of this morning. We are above the 78% level slightly, but on a percentage basis, it's still in the ballpark. It's beyond 3% folks, then this thing is no good. But frankly, you're grasping at trust, thinking this may be the high. But I thought it was going to be either Friday or Monday. Here we are Wednesday. We've been blowing up to the upside with fantastic news. Bullish exuberance that I haven't seen since the dot-com bubble. Maybe this is it. Maybe it isn't. But the one thing I can be sure of when this thing starts down, I'm going to have my ticket punched and we'll be ready. That's all I can tell you because I watch it. And when I see something that gives me a shot to take a very, very small risk, I'm going to do it. I might be wrong three or four times, maybe five times in a row, but that fifth time will pay the bills for all the other four. I seldom am I wrong four times in a row. I've been wrong with the Dow Jones one here twice recently. But remember, folks, we were bearish all the way down, and that was a very, very good return that we made. We made well over 4,000 points in that Dow. We gave 1,000 back, so it was still pretty good, much like in the gold market. We took a nice piece of change out of that. We left some on the table. But I never buy the low. I never sell the high. I tried to get that little piece in the middle, which was the walking stick, or the talking stick from our good friend. Oh, no, I have a brain space here. What is it? Oh, well, it was J.P. Morgan's best friend, and I can't remember it offhand, but I will eventually because his book, My Own Story by Bernard Baruch is who it was. And he tells it, always take a piece out of the run. Don't try to get the higher low. Leave some stuff for everybody else, and that's certainly what I try to do. We're going to take a break here for the rest of the day, and tomorrow we'll be back and try to join us here at TF&N. We're going to have some stuff on foreign currency that I don't think you want to miss. And also, if you get a chance, make sure you get that book, Play-Doh and the Quran, great present for somebody, even yourself, cost of a nice meal. Live every day in an attitude of gratitude, my folks, my friends, and we'll see you tomorrow.