 12. Let's get over to our mammoth to Basel Chapman as we do each and every Tuesday. And don't forget, folks, Basel does an outstanding show here every trading day, 10 to 11 Eastern standard time. Also, it's a great newsletter, the opening call. Now, it's very easy to get to Basel's newsletter, folks. Come over to our website at TFNN. You're going to go right under newsletters. You're going to see it on the left-hand side, the second one down, the opening call. You hit subscribe. You can get the opening call for one month for $149. You get it for six months for $695, which is the savings of $199 at 22%. And you get it for one full year for $1195, which is the savings of $593, 33%. Now, they all come with a 30-day money-back guarantee. And as you get Basel's newsletter, folks, okay, he has approximately 11 different archives in there that you can go through all of them so you understand how he looks at the market every day, how the Chapman wave looks at the market every day, and he can ride this market. Basel Chapman, what's going on? Well, it's great to have you back. We missed you. Hope you're feeling well. I feel good. I can't be growling just yet. You can feel it in my chest a little, but I feel awesome. Yeah, and I appreciate it. You look good, and it's great to have you. So, I thought I'd just review because I haven't spoken to you for a little while. Yes. What I'd spoken to you about quite a few weeks ago was I said I drew in this rectangle formation, and I said to you, it looks to me like there could be some kind of a sideways consolidation coming up. I don't see anything really bearish, but I did see some kind of a consolidation. We had that in the Dow. We had the S&P, and then three days ago, or three sessions ago, I should say, we broke to the upside. So, this is very interesting because you can see on the left side chart, that's the Dow day. We still remain our long-term longs. We still have our long-term longs in the Dow. We did have a short-term trade, just a bearish trade for the short while. We took that off. So, essentially, this is now your key support level down to 37,000 between 37,737,000. So, to me, from looking at what's happened up until now, this is really the congestion area, and I think there's still some form of congestion. We're actually rotating through different, even within the sectors that have been very good, and you can see so let me just finish. This is the daily chart, and this is the weekly chart, and you can see there's this expanding triangle here. It's like a little wedge formation, and we just nicked the top of this is the weekly chart. Now, what is really quite phenomenal going to an all-time high. This is the 13th week, I believe it's the 13th week with higher highs. So, this is still a leg from the 32,000 low late October. This is still just one leg up in the Chapman Wave, and it's still a leg up if next week. That's quite a leg up. Yeah, it is. And if all of next week there is no new high, even by one penny, whatever the high is this week, then you make a peak A. And I'm looking at this closely. It's only Tuesday. I mean, we've got a lot of market action to go. We've got politics, we've got economics, we've got just, you know, we've got sector rotation. So, we'll see where this closes, but what's really important is that we've broken to a new high in the monthly chart, and this is only leg C. So, I just thought I'd quickly go through, for those are new to my work. Once I am in a buy signal, to upgrade it to a buy mode in whatever it is, whether it's the one-minute chart, or whether it's a monthly chart, if it gets upgraded through the technicals to a buy mode, it means that there should be at least four higher peaks, they're alphabetized sequentially. Peak A is the first, one penny above A stars leg B. Peak B, if it goes one penny above, peak B stars leg C, et cetera, until it gets to D. D is the fourth highest peak. That's where other things can happen. I could show you dozens of charts. I don't want to do that right now. I'll do that in my show tomorrow at 10, where I show how many times we can get to action. I can do it right now. Basil, let me just ask you, because what you are saying, however, is that, you know, because this first leg was so dramatic, I mean, in order to get to a peak D, we're talking months away, no matter what happens, right? You're talking about one whole week before you can call it a peak A. Right. Then another week to go the leg. So the week that's going into February, at the very earliest, and that's on the weekly chart, the monthly chart goes even longer. So that's, I consider it to be very positive. Yeah, look, here's the 10-minute chart, there's your peak D, you pull back, you do a cup formation, there's a 10-minute E-mini, and what does it go to? It goes to leg D right now, and it's a leg until it makes a lower high. So this is the same technique. I'm showing you one minute and 10-minute charts. It's a fractal. So it means that the same thing happens in the big picture. So if this is a leg A, it doesn't mean we can't drop sharply, it just means there should still be higher highs in 2024. I consider that to be a nice indicator, and I'm looking forward to the rest of the year. So that's the Dow. Then I thought I'd just update because you remember we had bought Microsoft, so for subscribers at 338, it had a really nice rally all the way to, it actually hit 400, just yesterday. 400.62, we've taken a little bit off and we keep adding and taking off so that we've got a core position, we use it as a trading vehicle now. But here as well, look, the weekly is in leg B, I'm calling this a leg B, and the monthly is already in a leg D. That doesn't mean to say that it has to break down, it just means you've already reached a level where the buy signal to buy mode has achieved its goal, which is mean to go to a D. So that's positive. And then there's one that I had spoken to you about for quite some time, and I said there's something going on here. This is Uranium Energy Corporation. So we've got it down to the 360s, it's now trading at 784, it hit 829, we took some money off this, but what I wanted to mention is this is Uranium, it's very different to the crude oil or the other parts of the energy sector. I said there's something going on in this area that if you go to the URNM, which is a Uranium ETF, look, it broke out leg C in the monthly chart, leg C in the weekly chart, peak C in the in the daily. This is holding really well. I'm not sure why, but it's really interesting to say, and it was a CCJ is the other one, this is really the bus, this is the chemical corporation, Uranium Fuel, it's gone to a leg D in the daily, peak D in the weekly. So I'm looking at this and I'm saying, gosh, I wonder what's going on in Uranium that has held so strongly. Is this going to be one of those instruments that actually doesn't pull back for quite a while and keeps holding up? So we've kept that, we've kept that as a core position, the UEC. And I just keep raising my eyebrows saying, I'm not, I'm not talking about just Uranium. I'm saying, what is it about Uranium in this economic and political environment that's important that I can't really answer the question. I mean, the new reactors, man, are really powerful and they're not dangerous. And they're less safer. But they still, it's a public relations deal. I mean, but those new reactors are awesome, man. I mean, you know, it could turn out that that, in fact, eventually becomes some kind of resolution. Anyway, the Uranium is acting very well. So, and there's something else that I thought I'd mentioned here that within the context, you know, you spoke about the dollar. Now we've been long the dollars since 2018. The dollars right at that leg D that we were looking for right at the 200 feet moving average. So this is going to be a key moment for the dollar over the next week. And folks, come over to our website at TFNN. You're going to go right into newsletters. You're going to see it on the left hand side, second one down to hit that opening call. You are off to the races. Bowser, you have a great one, safe one. We look forward to show tomorrow. Thank you, Tom. You too. Thank you. Stay right there, folks. Come right back.