 The following is a presentation of TFNN The Tiger Technician Hour with your host Basil Chapman Call now toll-free at 1-877-927-6648 Internationally at 727-445-1044 Now Basil Chapman Welcome to another Basil Chapman and this is the Tiger Technician Hour we're looking at the dial up for the S&Ps un-change the QQQs are down a little bit the IWMs down a little bit and gold came back very nicely I want you to show you a couple of patterns that we're looking at here One of the reasons why I want you to do my webinar on some of the Chapman Wave techniques that have worked very well for us this year I just wanted to show a couple of things here First of all, we're looking at the two-minute chart I'm always looking for at least a peak D can even go to a slightly higher high like an E and then it can go sideways It's kind of what we're looking at the two-minute chart to go into the low it's 1030-ish it's exactly 1030 and 31... 2,111 round number low that was at the E-mini two-minute chart then it goes to a peak A if it pulls back and it moves in 25 cent increments 125 cent level above the previous high that would start a leg B it goes to leg B until that's called the floating ladder until the price reverses and then it's called the peak it can pull back as long as it doesn't take out the starting point of that went to leg A it's all in a bi-mode in an up-mode and then the moment it takes out B it starts C that should take you to a bi-mode especially if the stochastic goes over 80% which it did then with the peak C, peak D and then just one bar later goes to an E and now it's in a rectangle formation I'm going to be talking about these in the coming webinar that's tomorrow night and it's for subscribers you can become a subscriber and you're able to see exactly what we're looking at and why we're looking at these things how it's worked out certainly for the stocks that we've had there have been some really nice gains and very, very nice compensatory reward for following the patterns that we've been identifying so, yes, we missed out on the doubt because it stopped us out just fractionally the other day on our short position short-term short position not all that much change other than the pattern itself broke to the upside now we have to deal with that I'm saying very much change because it was an up-mode the technicals were very good and I've been talking about this pattern maybe I can find it here and we'll just go to it quickly because it's all part of what I'm looking at here can I find it? yep, I can so that's going to be Dow dollar IMDU let's see if I can get that to work here we go so remember this worked three times it actually worked four times but we only used it for a short position and that's the Dow daily chart and I'm showing it with the green and the black lines these are moving averages when the green line goes underneath the black line changes to pink when it goes back above its green what's really important about this is there is a pattern that identifies the rectangle formation that had a peak D and from that peak D the fourth highest peak remember we were talking about that a moment ago other things can happen look what happened we had that sharp sell-off from April down to the June 3 then we had the sell-off back and that was right there that was on the 16th of July same thing happened we were able to use that to get short 7 points from the top and this rectangle formation took 13 days before the moving averages crossed negative, very sharply negative yeah we had the same thing we just missed the short we got a little later on about 100 and so points from the top and we managed to hold that on the way down and then the 14 days later the two moving averages crossed negative I thought it was the same case recently it went sideways the one on Thursday was holding basically sideways 1, 2, 3, 4, 5 about 5 bars sideways 6 bars usually the one that pulls back the one that skyrocketed up it moved up so now we might have to start this over again because that fast moving average the 9-speed moving average is just moving look how quickly it's moving up it's going to take at least 6 or 7 bars for this to start to turn down decisively unless we've already had a couple of bad news events there's a China news today it was negative about them thinking twice about everything it didn't affect the market for more than that 830 drop and then it came right back so there is definitely just based on this there's a very good chance that the chopping formation is still in a process and it hasn't really I can't say it's begun we haven't even added down candle look at this 1, 2, 3, 4 a little doji candle but it was still up 5, 6, 7, 8, 9 look at the last 11 bars we've only had 3, 4 tiny little doji stalling motions but mostly big green bars so I don't want to get in front of it now this is acting well and so I want to just show you this this is what I'm discussing the power of these moving averages I used it correctly before there was no reason why I shouldn't have expected that this would change right here other than that news on Friday where the market gapped up and that was it and that's all we needed so we got 1.5% last one actually less and we're out, we're done but we missed upside opportunity I don't like that now what is it, what does the pd mean look he has the dollar pd the 1st of October pulls back there's an arch formation that I call the dreaded H formation if it holds well it can rally if it rallies sharply it can go towards the previous high if it takes that out and the technicals are strong it can go even higher but even this is forming a much bigger arch formation because the d in the weekly chart says hey be careful here and the leg d probably I don't see how in the next week and a half to the end of the month or whatever it is to the end of the month we're going to make a new high above 99.67 unless something spectacular happens that says the dollar you got to look at the dollar very closely and that tells me that they're moving gold today that was doubt wrong chart that move that was very negative in gold earlier on down 6 and then down 4 and now it's up 4.5 that's a nice that's a nice bit of action I'm also going to spend some time tomorrow because I'm talking about the Chapman Wave techniques look at this rectangle formation you know my expression of rectangle formation you lost a lot longer than your patients and if it goes for a long time it becomes like a fulcrum as you go above it and below it and above it and below it until a certain point where you keep going either above it treating it as a support level or below it treating it as a resistance so this rectangle formation the rectangle formation how long it can last can be a very telling instrument in your technical tools you don't have to use it until it comes back until it goes into it and you say okay now it's defined I call this the fulcrum or the propeller shaft midpoint now look at this CCI I'm going to be talking a lot about this one about trades sorry it wasn't CCI it was another one that I was looking at which was am I forgetting now what it was that's not good that is not good at all oh there it is okay let me get that oh that's right there's a start that I featured the other day for subscribers I had a whole thing I showed them the chart and I said this chart has made a chaplain wave volume price climax and it should trade up at least for the next 28 bars at 28 days it's a daily chart and if it hasn't even come back towards the low it can go for 56 bars well this is now service now look at this propeller shaft fulcrum that I put in here it's going right back in I talk a little bit more about it when we get back and the lowercase H goes to an M pattern oh a lot of techniques I'll be right back as a chaplain does up for S&P's unchanged be right back if you're not currently using the Taz Profile Scanner when looking at setting up your trading opportunities then 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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 or on the front page of TFNN.com now and experience all the upgrades TFNN.com educating investors toll free at 1-877-927-6648 internationally at 727-873-7618 Hello and so we're back and I just wanted to say that within the the hour and a half that we have usually I would take a whole day for this but within the hour and a half I'm going to identify patents that have worked really well patents that I suspect are going to be implemented over the coming months because I do anticipate that at some point we're going to get a really sharp pullback and that's going to be maybe the PD that we're getting the Dow the other charts are all alluding to higher highs in 2020 in the Chapman wave methodology let me just do this for a second here I'll show you what I mean look at the monthly charts INDU see the Dow is still a leg D very strong leg D till a time sequence to November 11 months and 11 months I don't know if this is going to be a turnaround month maybe December turns out to be a much weaker month my contention has always been that when the Dow especially the Dow makes an all-time high-entry year and then in September August, September, October has that usual it wasn't that deep this year but it has a usual very sharp pullback and comes back and makes a new high the last week of October until the first week of November that's usually a bullish sign says that the mark of the Dow should close reasonably well within the parameters of an all-time high on the last day of December that's one thing but it means that this is a leg D but it's way ahead in the Chapman wave methodology to the others look the S&P is at this particular point very strong but it's only in leg B even though the Dow had just fractional highs to make it B the S&P managed to squeak to a new high each time to be able to have only leg A that came about in July I mean from December low 2003-46 up to 3027 I mean that is a huge move and now we're in leg B and that says you can't get a peak B until December if there's no new high in December new high bar and then it comes January that'll be C and then February that'll be a peak C and then March will be leg D so you can't until the first few months of 2020 so far it's looking like we're going to be going to higher highs in 2020 because you're only in B in the month each other the S&P look at the QQQ that's only in leg C so that means in the worst-case basis let's say D is a peak C because there's no new high bar in why do I say high bar because you've got to take out the very high of this bar of November in December to extend that into the next month into December so okay so as it stands right now what you've got is leg C very strong technicals are very strong really technicals are strong leg C and the weeklies leg C in the monthly but the monthly says you can't get a D until 2020 this should be in January okay wait a minute IWM is lagging very badly down 41 cents right now that's not the point the point is that it's being in a big rectangle talk about rectangle formations look at this the rectangle formations it's a broke out in December of 125 went into the January then the February timeframe and then March sort of stuck between support level of 143 and I believe it's like 160 yeah and 160 to the upside look at that rectangle now we've gone below it now let's see if we go above it what happens here maybe the market takes a bit of a callback and all of a sudden the IWM the Russell 2000 takes on leadership hasn't done it yet but I'm saying that's kind of thing I'd be looking for that's what we're going to deal with in my webinar coming up tomorrow night what sectors and what stocks look like they can really lead the market into 2020 what stocks look like they need further consolidation or a consolidation where exactly are we what are we looking at and that's part of it plus these techniques that I'm talking about the rectangle formation how the MACD is stochastic work I just try to put it together in a couple of capsule let me see if I can get to this one here which one is this yeah okay we can go to this one here so I'll just move over to which one is next that's now so I'll go back to now and I'll show you some interesting things the only reason why we didn't get it the other day I didn't put it as a buy at 230 or whatever it was at the time we had low price stocks that were going to give potential of much better gains percentages percentage wise and that's the reason why I decided to keep it that way and so this is very good action in now service now trading up 7 today at 267 but look there's the arch formation there's the price time match there's the lowercase H template that if it doesn't break out up or down it can create this rectangle formation creating a lowercase H that goes to a lowercase M which can continue even if it breaks a larger arch and that's kind of what I was looking for remember that breakout that we saw in the Dow that I didn't play when I was showing it just a short while ago we just didn't get that upside because it broke so quickly instead of breaking down in this third arch formation it broke to the upside so now you're in this propeller shaft but you've taken out the low will it stall in this area here well there are a couple of things what I wanted to talk about tomorrow I want to talk about gaps what happens when you're fill a gap how important it is gaps mean nothing until you come back to the gap and how it's how you treat it it's almost like a particular candle formation so I'll be talking about all these things so far the surface now still looks very good so I don't want to I don't want to skip many things tomorrow night but I'm going to try to be as thorough as I can on what I choose to do and show the power of certain techniques that we've used how that price volume climax low has worked fantastically for now there's another stock that I'm looking at that had the same thing well there was one that we had the other one that I'm also going to feature CCI you remember I was talking about this this is in the reeds area crown castle in the towers look at this beautiful template of the Chapman Wave Cup and ladle that when you take it out in a shorter period of time the cup formation on the left side and right side price time match and you take out the price in a shorter time you can create this cup and ladle pattern not a cup and ladle a cup and ladle Chapman Wave methodology and that can take you to at least a D well it took you to a D and then it had a Chapman Wave two bar reversal I'll talk about that I'll talk about how we we took profits on this on the way up and what we were doing I'll talk about the lowercase H this dreaded H pattern look what happened there's the H it holds goes under it by 50 cents and then bounces back can't do anything goes even lower what is all that what about the 200 period moving average those are things like these are easy things that you can put in your charts you won't need me to do it you can do it yourself and it's all I mean it's based on the architecture that's within your trading platforms that you all have there's nothing else created that you need a program for it's all that question the dead well I look at plug another one that we chose we had for just a brief moment and it's just screaming to the upside we got out of it I really liked it and I wanted to get into the other day I featured it as a stock that's it what I call the rocket ship it's a group that I call now the rocket ship and look at this it's now in a leg see in the daily we don't have it now unfortunately but some subscribers know that I've been talking about it I've featured it we have had it and they've kept it and they've done very well so congratulations to you leg C in the daily leg D in the weekly plug power hydrogen power fuel cells that's why I featured it and then we got and now it's got the Chapman wave copper and ladle patent potential in the monthly chart wow this is very good action I'll be right back Basel Chapman does up six and we'll be right back thank you questions 877-976648 Basel Chapman has just announced a live 90-minute webinar he'll be conducting for subscribers to his daily trading newsletter The Opening Call which will be taking place Tuesday, November 19th from 5-6 30pm Eastern Time titled a comprehensive review of the Chapman wave techniques and market outlook ahead for 2020 this is a great time to sign up for a 30 day free trial to the opening call while gaining access to Basel's live came place later this month with some stock picks up 15-30% this year alone Basel will review many of the Chapman wave techniques that helped in their successful analysis as well as providing the sectors and stocks that he thinks will be of importance heading into 2020 for all the details check out the Opening Call on the front page of TFNN.com the path of least resistance is David White's daily trading newsletter and if you're looking for active trading ideas then now's 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 least 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 the path of least resistance with no obligation to pay anything David has been delivering solid recommendations for his subscribers recently and if you'd like to see the type of newsletter he delivers every morning 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get your copy of the art of timing the trade charts today by visiting TFNN.com or swim for more information just click the think or swim banner on the front page of TFNN.com yes so plug as I say in LAC I just wanted to do a review of all the indices as we're going through here so let's see but down right now I'm anticipating some kind of doji candle after the Marabazu candle of Friday no wicks it's very important most of the time it's given us very good reason readings the one that missed was the one right here but that wasn't the gap to the upside with an island reverse an island gap this is one that had was inside the bar before this is the first of November there was this huge move up down close hit 27,000 G47 next day opens at 27402 and that was it it hasn't actually gone back that gap will be full at some point so I had a question so what exactly and this is talking to me about last week's miss but it was a one quarter percent missed that's the loss the miss for me was not having been in the long position and now starting to look to see whether or not the moving averages are showing some signs of deterioration so if you think that I just let things go and I say what's the big deal it's always a big deal for me I spent most of my time studying the charts saying just looking at this in terms of saying forget about a position what are you looking at right now that said that you were correct and what up until Thursday and what changed on Friday well look the unbalanced volume and the daily chart went right to an overboard this is one of the most overboard readings that we've had even close look at this even close to where it was number one and it was in a leg E to the upside and it was a D at that point in the Chapman methodology usually it's a little behind the actual price so if the chart itself is in E and this is in D it says hey you're getting kind of close to some kind of a pullback so that to me was a good sign number one number two is it hadn't up until then but it did right at that moment resemble many of the let me just go through this here many of the patterns that we were looking at before look when I gave the cell signal that bag sorry I keep saying this is the green nine period moving out which was very sharply high there was not a clue other than my Chapman methodology to say there could be a pullback and we got it the day before the high on this one here we got it even earlier we got it at seven points from the high and look this nine period moving average was absolutely fantastic it was using the methodology then when it went sideways which I thought this was doing very well there was no reason except for one thing I'd said before that if you make a new high all the others even going back to this one right here that I identified a couple of weeks ago just one right here on the 25th of February when the Dow went to 26,241 it was five or six days later before it turned down sharply but it never made a new high so that's the first mistake I had noticed the second mistake was that within the context of what I look at on the other occasions the stochastic had already started turning down and I had said it's my rule of thumb and that's where I kicked myself because it was the rule of thumb that very, very seldom makes a mistake and the rule of thumb says that when the stochastic is holding steady in the 93 to 95 percent area or even higher to 97 percent it's going to take a while for the price to come down and it could be very choppy in the process unless there's just such a bad news event that within three days you drop 8 to 1100 points and I just didn't see anything yet to see to do that so that was that was really the error that I made in saying let's short in fact that should have just been saying hey go along even right now we should still be along waiting for the kind of turnaround that would have occurred so absolutely it's a good question where did I see have I learned anything I've learned not to question a technique that I developed and use forever and talked about it forever that when the stochastic is flat and holding in the 93 to 97 percent area it takes something else for it to really turn down and it's going to either be vicious or it's just going to be a bumpy ride it takes many days before there's a crossover and you start to see the stochastic in the 88 percent or 86 percent area so good question I hope I answered it as honestly as I could I hope I'm not forgetting anything but the third thing was that within the traveling methodology even now I've got to say wait a minute you've got this thing that you call the instant restart well within three bars the Dow went from 27,774 on the 7th to 27,770 on the 12th so that's the three bars it was the next bar that went to a fraction on your high everything about it suggests that that is probably not an instant restart but wait a minute if you go to the S&P spx.x you did get within three bars a new high and it's managing to make another high and the magnate is still good and stochastic is still at 94 percent this I'm going to circle it now I don't like to have complicated looking at charts I'll try to make it as clear as possible yes could turn around to be an instant restart I just don't think so based on this unbalanced running but it failed me last week maybe it will fail again and you're in the Chapman Wave inside track repellent zone I'll be talking about that as well so yes this is saying to me at this particular at this particular time you've got to be careful I did explain the buys I explained the June 3rd one was a clear one and the other ones had that H pattern that suddenly spiked upside where it was so clear now look at the QQQ on the QQQ side you've got a pattern that also has a potential Chapman Wave do you have three by signals from a D going all the way up that's unusual so this says to me again getting a little toppy right now let's monitor this very closely and that's the position that I think I am comfortable saying Stochastic is very good Maki is finally starting to dip a little bit got to watch it alright now let's get to some other questions that I had I do see the call I don't see the call yep we've got Scott in Safety Harbour Scott how are you Scott I didn't see you there sorry I don't know if Scott's talking about you wanted to talk about maybe Scott you can call back sorry I didn't realize that you were holding I wanted to go through this because I've got the webinar coming up a lot of people have asked me exactly what you will be discussing and how does it relate to what you've been doing and it's related very well because I'll show you some of the stocks that have done extremely well in the interim so Macy's had a very good move on Friday it spiked to the 17 and it hit it to exactly 17 point 17.01 on the 15th inside bar today now Scott's going to call back nope he hasn't called back yet but what I will do is I said to Scott and I said to the day after I said to him I don't really see anything yet and then Macy's pulled back quite sharply didn't break down just broke down into that rectangle formation I'll say it again the rectangle formation can last a lot longer than one's patients and this is right here you're looking at Macy's in this rectangle formation and it says it's stuck between 17 and point 70 and probably the base of support now is 15-50 so I'll try to get back to it in a moment but meantime we've got a break coming up down to 11 slightly down I'll be right back we're looking forward to the webinar tomorrow night 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 and tax free zones across the country where you can build and hold for 10 years and pay no tax on the profits which makes these lots valuable the investment is anywhere from 30,000 to 75,000 the 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If you trade China A shares do you have any time to take a closer look? Trade CHAU or CHAD Directions Daily CSI 300 China A share bull and bear ETFs China A shares in either direction Visit DirectionInvestments.com today An investor should consider the investment objectives, risks, charges and expenses of the Direction Shares carefully before investing The Perspectus and Summary Perspectus contain this and other information about Direction Shares This please contact Direction Shares at 866-476-7523 The Perspectus or Summary Perspectus should be read carefully before investing An investment in the funds is subject to risk including the possible loss of principal The funds are designed to be utilized only by sophisticated investors such as traders and active investors Distributor Foreside Fund Services, LLC Hi folks, so couple of questions I'm also going to do this It won't take very long at all I'm just going to add it in in fact I'd better put it in right now so that I don't forget it Give me a chance, give me a moment here I'll just find a little blank space and I'll put it in right here There we go So Parallel lines So lines. So in trying to find parallel lines, if you're looking at Macy's, look, Macy's has hit resistance in this dashed line. Now what I like to do is I like to have a chat with inside track repellent zone. Look, it got stuck right at the repellent zone. I'll make that red and a few. If you have colors, that's fine. You don't have to have colors, but I like colors. I came to charting through patterns, pattern recognition. And at the bottom here, I don't even have to put anything because the bottom is way down in the 1540s. 1540s. Yeah, 1540s. So in 1517, if it breaks out in this particular phase and it starts to go to 1735, I'm not going to call that E to F. I'm going to say, hey, that very well could be a new buy mode because it's starting to make the cup formation right here. There you are. Look, love to take previous highs, make a cup formation. Does that have to be to the exact bottom? I'm looking for something with symmetry. That's all. And the symmetry says, all right, there. Symmetry says, if this is the case, then it should try to make subscribe for listening. This is what I'd be looking for right here. Let me just get rid of that phone call. I make this a rather thick channel and I'll go sideways to the side from here to there. There we go. Yeah. Okay. And I'll go to this particular candle here because it looks to me like identifying and always choose a particular candle, which I'll discuss in my webinar tomorrow for the F side, right side price time match. And I go here, I make this green because that's going to be the target upside. And if it works out, what we've got is the chance that if it breaks higher, I can start a new buy mode and that buy mode is going to go all the way to the high that was made there. And I'll tell you the time sequence says that it should take until, oh, that's really steep, 17 point this high. I usually don't like to go to the most important high, which would be this one of the 9th, 11th of September, 1785. I'd rather go to the next one, which is 1760. So between 1760 and 1775, if it kicks in, if everything goes well, by the 25th, 26th of November, oops, 20. Yes, 26 to 27th of November, it should be up in the 1750s. If it fails, it makes an arch formation. And it comes back 1650 to 1613 is the support area. So this gives me parameters, the MACDs goods, the castings, it's at 79% is rallying on balance volume is reached a particular peak that says it's pulling back a little bit, but so far action is good, said weekly chart, huge price move in the MACD, yet the price has really failed. I think arch formation going to a second arch formation is what we're looking at lowercase h to another h another and like an m pattern second arch is trading in a range. And that's what I'd be thinking right now. So if you get these short-term trades, Bravo, that's exactly where you excel Scott. That's what I'd be doing. I'm not sure yet I want to hold on. I'm too tight. Okay, so next thing I wanted to ask, I've been asked by many people turns out coincidentally, about Roku. Yes, it's Chapman way folding ax formation. That's where there's a price move to the upside, it goes to a D or an E source to pull back and then it makes a lower highs and much lower lows. And then it turns around. And if it turns around, it takes out the left side, the left side resistance. If it takes out the resistance level, it can go to the left side high, the next high here in this particular case, would have been 142.65. And then the 151.48 151.32 bar Chapman wave reversal of the beginning of November, it's gone through it. And this says there's a chance you can get a one to one expansion in Roku, Roku streaming media application. It's a hardware package. Okay, that's what I'm looking for. So what I'm saying is this measurement right here could be equal to the upside. So now let me draw this and show you what I'm talking about. And right here, there you are. And that's the breakout. And it's almost there. It says at the 167.60 area, that's where the next resistance comes in. So this is a fantastic move very quick 116 on the 7th of November to the days higher of 165. So I featured it for my subscribers and the first paragraph of my opening call newsletter. This is the page that says it's the traders corner. And I usually give a quick brief summary of exactly where we are, what we're expecting, and what's working, what's not working. And I featured Roku, but I didn't give it as a buy three, it would be four days ago. I wanted to see how it would test the resistance, bam, it spiked through. By that point, I thought, all right, now the risk is a little too high because it could double top. And 151, no, it didn't even think about that. It just powered a short covering. I'm sure this is what it looks like, as well as new buying. Because I mean, people like this company, Roku Inc. A shares streaming devices 164.41 up 7.11 today. This is a big move. And look, the magnet is confirming with an M shape formation, getting a little bit overboard. Stochastic is finally well in the 80% area at 86%. The monthly chart, actually the weekly chart is lagging. This is a price move based on the daily more than the monthly. All right, so I go through that next question I had is, can I look at the TLT? Yep, TLT. That was a question. What are yields going to do? Well, we've gone to a leg B in the TLT at 138.19 up 43 cents. If you look at the weekly chart, now I'm going to talk about the lowercase H that I call, this is a dreaded H pattern. Let me just, I don't know if I even got it now because I've done so many charts today. Give me one second. It's right here. And will I find it? Oh, don't tell me I lost it. Yep, I think I have. Don't tell me I have to redo it. Yes, I do. Oh, dawn. Oh, I put in too many charts in this particular list. Have I got it? Have I got it? No, I haven't. All right, so we're always looking at a pattern that says arch formation or cup formation. There can be an arch formation that looks like this if it takes out the left side low. So it comes down and style. It's got a single there. So it comes down, stops, especially off the D or an E, stops, has a balance. And then either at a peak A or a peak B, it just, it cannot hold. It starts to fail and it starts to roll over. And the template looks just like a lowercase H with a sloping back, that is. And if it takes out that left side low and closes below it, you've got to be careful because you have to balance within two bars. You have to balance right back into, in this case, above 136.54, which it's done. It didn't do that last week. But this week, oh, sorry, didn't do it last week. Didn't do it two weeks ago, but it did it last week. So this is the third week that it's attempting to try to find a stable pattern. And what it says in this lowercase H pattern, the dreaded H, is if it takes out the left side low, but closes above it within two bars, maybe three, but I usually like to say two bars, it says it could rally and it could rally to the next or peak on the left side, or a moving average or a gap, but something that is an inflection point that failed before. And in this case, it's stopped right at the weekly nine and 14 period exponential moving averages. If it breaks above, then the next level will be 141.68, 141.68. That will be the next level up. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trait that we tigers and tigers share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastering Probability and for the last 12 months, Timer Digest has been tracking my newsletter signals, which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, six and three months. Timer Digest also ranks me as the number one market timer for gold as well. The fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the best at what I do. Sign up for Mastering Probability today by clicking on the newsletter tab on the homepage of TFNN.com and get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide great market calls too. Sign up today. If you haven't checked out the newsletters page of TFNN.com, what are you waiting for? 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It includes a special blend of ionic, soil-based vitamins, minerals, fatty and amino acids in an easy to use liquid form. Primal edge is powered by highly concentrated folic and humic acids, nature's preferred delivery system. They have been called miracle molecules because like sunlight, air and water, life cannot exist without them. That's right Paige. They ensure we receive all the nutrition we need to be healthy and thrive. We take it every morning. Primal edge, formulated and approved by Nico and Page of living a primal lifestyle. Buy it today for just $89. Click on the primal edge banner on the front page of TFNN.com. Hi folks, this is Steve Rhodes. Stay tuned for another great hour of the trader's edge heard here at TFNN.com. I'm going to go back and just there are a couple of things I need to get to before we wrap up. You go to Steve, you go to Dave and then Tom and Brian. MJ, we were in it a long time ago. We just got out. I see there's something wrong with the harvest. What is it called? Alternative harvest is the marijuana and cannabis area. Legally, there are big problems. There's a lot of competition from the real world. Real art and I have not yet seen a buy signal. It could come up soon but so far nothing. Be careful. Be very careful. The other one was, yes, and then I had a question. What about the stocks that we have in the opening call? Would you talk about that? I'll do this quickly. BDSI, this is Bio Delivery Science. There's a beautiful cup formation. Look at this cup formation in the weekly chart. It's right here but I treated it as a cup that's half cup. In other words, it comes from a huge decline and I picked it out and said in December the target should be the $6,045 level but it did a cup and a cup and a ladle breakout to a peak D and now it's stored in the weekly chart instead of D in the daily. So all the techniques that we've been talking about are right here. The other one that we still have is cyber, cyber arc. Look, there's a cup formation forming. It's holding very well. It's making a rectangle formation. I'll talk about that tomorrow night. I still think it looks very good. Where would you get in a new position? We'll talk about that. We went from 104 to 100, almost 120. Now it's pulling back and digesting. We're in at 100 and we're in 100 in the 104s and that's good. So these are the patterns that have been working. I tried and tested and we keep doing them. So we've still got Bank of America from December long-term hold, went to peak effort stalling now on the 7th of November, 3360. It's holding really nicely. There's another cup and ladle breakout and the monthly chart has got a beautiful V-shaped pattern. So yeah, these are the patterns that we're using and these are the patterns that I will talk about tomorrow night and what we're looking at for new stocks. What we're looking at for the rest of the year going into 2020. It's going to be such an important webinar, especially looking ahead. Hey, have a great day. Stay tuned for Steve Rose and Dave Biden, Tom O'Brien. I'll be back tomorrow. Check out the front page of TFN's opening call. See you about tomorrow's webinar for subscribers.