 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. Everyone, Basil Chapman, dials up 37S and P is up 10. Let's just go straight to some nitty gritties of the technical. This is Technical Friday with Chapman Wave Notations and Chapman Wave Analysis. So, my expression, a rectangle formation could last a lot longer than your patients. You can see this here. Look at the E-mini. It's really been trading between 2896 and 2892 pretty much since 10 o'clock. And it can keep doing that. And the whole thing is that every time it goes to the top, you think, oh my goodness, this is going to break out. And then it turns around. And then as it gets to the bottom, it's going to break down. Nope. It goes right back into the range. So, that happens until a certain point. And then, when it's at the higher level of a trading range, and you can see this now, this whole area is in the higher area of the low that was made this morning at about 8 o'clock when you were 28, 84.75. So, this trading benefit. Let me just do this right now. It looks like an oval pattern. Let's see if we're going to break to the upside or just keep going like this. That's the pattern that I'm looking at. The MACD is negative. Stochastic is negative. Yet the price is holding the 9 and the 14-period moving average in the 10-minute chart. The 5-minute chart has pretty much the same look. This has got a different, it's above a trading band that's formulated earlier on. It's in the upper level. What's the upper level? That's the upper level. It shows you here in the 2-minute chart. And the result, very often, not always, but very often is that at a certain point, the longer you go without a break to the upside, at a certain point, you might just nick the upside. In fact, this is A, B. This will be C right now. You can even go to D and just nick the upside. My evidence-based kind of rule of thumb. What is it called? It's called a... I kept reading that in this book. A really interesting book. The Undoing Project. They called it... I'll think of it in a moment. Oh, the word just slipped my mind. Four letters, five letters. I'll think of it. It's where things are like empirical. You're learning on the spot, and that's the evidence that you can use later on. Well, this is what it says that very often, the result of a very long rectangle is that you take out the low and you take it out quite sharply, but you still might just bounce above the top part first, but eventually you come down and you come down quite sharply. All right, enough with that. Let's go on. 2-minute chart. Enough to be talking about it. I was talking about crude oil just a moment ago. Look, high-level consolidation. My reading of this is that if crude oil can trade even for one day close above 63.30, then the 6509, 200-period moving average that it just plunged against, remember that October smashed to the downside all the way to December low from 76.90 to the 4261 on the continuous contract, that 200-period moving average when it was taken out the week of, the 2nd of November, 69 high, 40, 64 low, goes all the way down 24 points and now it's coming back and 6509 will be your target. If it can have one more bounce, it was, as I say, a close. Not just a bounce, but a close above 63. I'd say 28, 63, something around there. All right, next thing I want to look at is notation in the chapter-read methodology. Look, let's go through this very carefully. The Dow had a high yesterday of 26398.90. The low today was 26393.68. So it started off with a very nice, kind of a slow move to the upside and then it got a little more energy. Now it's got a plus sign, that doji candle, very small doji candle so far for the day on a Friday, after four days, five days after a gap to the upside. That was a big spike to the upside on the 1st of April. Taking out then the left side high of 26241 from 25th of February. Beautiful cup formation. What I am looking at here is that this should be based on the 120-minute chart. Oh, I shouldn't go to that one. Let me go to this one right here because this is the one that I always note. Share my subscribers. This one here shows you that we've gone to a peak E if there's no new high in this bar, 120-minute bar going for the next 20-something minutes. Now what's really important about this is that within the context of this pattern in the Chapman Wave methodology, a breakout in a cup and ladle. That's not a cup and handle. A cup and handle says you stop at the left side high and then you come back and you take a little time and you make a little cup formation that looks like a handle and then you break out my evidence-based analogy is that you've lost that handle takes away the momentum from the upside and that if you go further up, you come right back in and that cup and handle becomes like a cup and a double handle. So I don't like that. I love the Chapman Wave cup and ladle where it powers right through and then you start the ladle pattern and that says, yep, now you can come back and retest below. In this case, 26,101, which you did over there, 26,138. Didn't quite get there, but that was close. And, oh no, was that one? 26,122. No, it hasn't actually retested that significantly. Now what's really important about this is that there's just enough energy that says maybe we get a peak E in the 120-minute chart down and then we pop to slightly higher, whichever we five, as well as a leg F and that culminates this move. Monday, Tuesday, or next week, maybe into Wednesday morning, we have a bit of a pullback, a digestive phase, and here's what I'm really looking at. If you go to the XLK, this is the S&P Select Text Spider Fund. It made a high of 7 days, 26, three days ago. So a big deal. What's that mean? Have a look at this. Have a look at this weekly chart. Look at the left side. Look at the right side. Now look at the MACD. Look at this stochastic. Stochastic is actually holding, holding way better than it did when it made the high back in November into the October high, October the week of the fifth, at 76,27. Look at this beautiful decline 24% decline. Here's my midpoint, my plum line. There's a Chapman wave inside which target line, and it almost went to the week. It went to 75, 25, one point lower, one point and two cents lower. Last week, three weeks ago, that would have been an exact plum line, but that line is still active. It's called the Chapman wave target, target repellent line, the screen line right here. And that means now we might have to move it a little bit, but sometimes it takes a couple of days before it actually takes it out. But it turns out that this week on Wednesday, Wednesday, it went to 76, 26. Now what does that mean? It missed by one penny, hitting the previous all-time high. It missed by two pennies, taking a brand-new leg to the upside, a leg B, and a leg A, F slash A in the monthly chart. Amazing. I'll be right back. That was a Chapman, that was a 38, it's a piece of 11, it's a divergent state, bowed down to, I'll be back. The Taz Profile Scanner is the most revolutionary piece of trading software that you will ever try. 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TFN.com, educating investors. Call now. Toll free at 1-877-927-6648 internationally at 727-873-7618. The 90 is actually just kind of good. It's not great. It's just good. Secastic is very good at 90%, but the price action with higher highs and higher lows is extremely good. It is getting into, let me just show you something. Here, let's call this green. Let's call this red. And you'll see even the Chapman Wave inside track, repellent zone, it got into back in mid-March and then pulled back, but this time it hasn't even gotten close. I should say that. It did get close. The high of 76, 76, 26 on the 3rd of April just was hitting the pink line of 76, 47. All I can say is this is holding very well. I wouldn't be surprised if we just get into an area where you should see some pullback and that compartmentalization where we're looking at certain sectors. And that's what I did in my webinar, folks. The webinar's up. If you're interested in my subscription to my opening call, you'll get that webinar and we can check out any other webinar that you want. But at this particular point, that webinar is absolutely relevant to stocks and indexes and sectors that I was looking at, talking about. You can see from our portfolio that they've been active over the last few days working really well. The other thing is that I spoke about a couple of sectors, one in particular that has been a laggard. It came on quite strong today with one of the stocks having good earnings. We'll be looking at that very closely over the weekend and we'll probably start some positions on the next pullback there. So the other thing I want to look at was, if you are... I had a question about the IYT. Yeah, the IYT is very nice. Today is at 193.67. We are along this from 185 area. But the point here is that it's really important as far as I'm concerned, just in this particular phase right now, I want to see, regardless of what happens in the whole aircraft area sector, I want to see what happens to this particular very important index, the IYS transportation average ETF. Because if I can get some extra openness and it can actually close nicely today and by Tuesday or Wednesday or next week, it's getting closer. It's already at the Chapman Wave repellent zone right there. They can get into the Chapman Wave inside wedge target repellent zone into the 193s now. If we can even get to 195.30, somewhere around there, about a point and a half higher, by Monday or Tuesday, then all of a sudden I'm looking at a target of 199, the high of 199.09 from where was this November? December, the week of the 7th. That ugly candle high where the transport just absolutely fell out of bed. 199 down to 155, 40 points in just three and a half weeks. So I'm looking at that and I'm saying it would be very good chart wise because this could turn into an inverse. Now this one I actually say is a potential inverse. Inverse head and shoulders because all the action after the high that was made back in September of 2018 from the 209.44 and then 209.33 Chapman Wave two bar reversal says that the neck is really at 199.09 and that the target would be 209.44 inverse of the head and shoulders. So that's very good. Zined, someone mentioned in the den I'm going to go to Regeneron first or so mentioned in the den but first up Regeneron trading at, no it's not Regeneron, it's Replygen Corporation of course. RGEN trading at 57.13 up 17 cents. Once a chart formation is formed and you get the lowercase H that goes to a lowercase M that can stay there for a little while and you can see this has a habit of making the arch formation, big spike and then an arch formation. So the high that was made back on the 4th of March at 63.41 had a low, a little dojo candle low on the 7th of March at 55.62 runs up to a peak B minus because it's fading and that becomes an arch formation. I say give it a little time if it's on your list, if you do own it that's fine and you probably own it from lower down but I'd just say be a little careful because if it starts to trade at 50, under 55.80 then that 54.55 towards a pre-moving average becomes a target. I think it's not going to get there. I think this is support right, maybe not. Yeah, if it does take out 55.80 I think it's going to test the 54.55 here. Give it time. The best case is just a chop chop chop the best case is this scenario right here. Look, just keeps chopping around low-case H goes to a low-case M and that arch formation look at this, it just keeps going on testing your patients, testing your patients. Okay, so just be careful with this one on the shorter term, a longer term that high in the 70s back in I think it was November of last year and I plunged down to the 47s. It's a really nice balance but it's testing it, it's saying I'm not getting ready for this balance. I think it needs time. You want time. Let's hope that it holds a 55. It doesn't do anything off just it goes sideways. It just hangs around. It doesn't do very much under that. And then it has another balance and then within about six weeks all of a sudden you see it climbing to the 61, 60 area. No, 58, then the 60s and then the 61s and then I would say to you you know what? This is going to look good for the end of the year but you need patients right now. It has to hold that whole 55, 54 area. Next question is Zyne. Well, is that a comment? One is a comment and one is a question. Whoa, Zyne, unbelievable. 875, up a dollar, over 3, up 13%. Good eye, I code in the den. And it's still only in Leg C in the weekly chart. Leg B in the monthly. Very nice. But you want me to do some work on... I write here. Kara. Kara. Kara is C-A-R-A. This is Kara Therapeutics. Oh, you're into these biotechs. Good. Doing nice here at 90.69. A-B-C-D. It's just stalling at this area at 19.70. C-A-R-A, up 10 cents. Very nice action. I would not be surprised if you know... This time next week that we've seen it testing the 1990 area even if it has a little pop to the 20 but it's making high highs and high lows. I do think it wants to come back and test these moving averages here. I like it. I don't want to tell you anything about this if you're in it. Just keep it. It's a biotech. You know, biotechs can do anything. All I'm saying is it looks good. It's done well. It has a stair step move. It has a good rally. And then it takes weeks. Then it has another good rally. Good rally. Peak A weekly. Goes from the 12 area. Pops up to the 16.5. Pulls back. Then it goes to... I believe that there was a peak. Yeah, 17. That's what I thought. Then it goes to B. Peak B. Pulls back. Then it goes to... Get in the D. Announcement of D. Yeah. It's just very nice. When I buy it, when I sell it right now, I just wait for a pullback to the low 90s and I'll have to assess. I'll be back. Downs up to 34. It's up to 10. You've got urgency. I'll be right back. Since 1984, Basil Chapman has been using the Chapman Wave methodology to advise traders of his expert market opinion. While originally hand drawing charts from the late 1970s into the 1980s, Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply. 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. 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Get your copy of The Art of Timing the Trade Chart 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 Hi folks, we're back. I had a question and again about W which is wayfaring. I showed this the other day Doji Top at 17317 on the 21st of the daily chart of March it's pulled back a little bit it went down to the 149 actually that was quite a bit 30% sorry 30 dollars but now it's trading at 154.78 The monthly chart had a peak C Magdy is still strong. That to me is really important. Circassian pullback still good at 84% but pullback and the monthly chart I've got it as a peak F but I suspect that wayfaring is in for the long haul and this is not this is going to be recycling I'm even going to put it in now I think F slash B I think it's going to be going high I think it's here to stay I don't know anything about it other than what I occasionally read but looking at the chart I followed it for a long time I think we even had it for a very brief moment did we ever have it I've done the notation and everything I think we had it for a brief moment and then we got out of it so I like this now is it ready at this particular point to move in a cup formation I don't think so based on the Magdy and stochastic so I'm going to say hold off if you're in it and you're being for a long time no problem just keep it it's a long-term position but just now would you say to me would I buy it would I sell it I would do nothing right now I'd like to monitor it it's on my list in my opening call traders corner list the bottom I've got W there as a stock at some point I would like to own I don't know how we'll do it because if we get too many I can't get it but at this point I like it but I don't want to buy it I want a little more time holding the 145 area maybe if it goes over 160 I'll have to rethink it I'm prepared to give up some points rather to have the trend confirm with technicals to the upside even though the weekly and the monthly are still very good I just need time I've got a feeling it's going to give us an opportunity to look at and I'll mention it for subscribers I might personally not have it in the opening call but I might mention that this is a very good thing in fact that's what I'm going to start doing I've had a lot of requests but I just do the analysis and a lot of people would do their own homework I just don't have time to do every single thing we even have had some options it takes time even the futures I do every day so yeah so let me just think it through over this weekend how I'm going to be very clear about certain aspects of the traders corner and my opening call because people have asked me a lot of times you don't have to actually have it but do an analysis so that we can look at it that's different to the analysis that you do in the den because it's probably going to be far more comprehensive that's all so the next question is you went a long oh that's right I remember seeing that so yeah so this is if you are long and you're long below 150 I would have no problem whatsoever just keep a whatever your stop is just keep that stop give it a little while just give it another another week I think the Dow is getting a little tired today you've got CVX moving so you've got the oil multinationals Home Depot it's just had a spectacular move I love that move I think it's employment as it is fabulous results in the employment I'm just looking at this and I'm saying you know this is this is really a golden era that we're in people just don't look at it that way but it is a golden era not for everybody it's never for everybody it cannot be for everybody but Home Depot goes from 215 down to 157 what was that low 158.09 and now it's trading at 185 almost 30 points higher I like it look there's wayfair so here's the pattern that we're looking in wayfair you see you come down quite sharp you make a little H pattern it holds very well and then it breaks out that's kind of what I'd be looking at that's exactly the pattern that I'd be looking at in wayfair so S&P in the den here's your template that you could use I'm only talking about the pullback from a low to a high that's pullback pretty reasonably and now it's got the lowercase H that might turn into cup formation that's what you want to be looking at so okay now the other thing that I'm looking at at this particular point and a lot of questions it has a statement there are two statements that I want to get to one is how do you explain that you had all these signals that the weekly chart especially in the Dow has been so strong for so long and we as for subscribers we've had some really long positions but our long position with Dow we did have a really good 40 to 60% gain in the you Dow three times long option call that we had but I've not been long all the way through to the top from the bottom to the top just missed it and that there's no excuse I mean Magdi gave it the stochastic gave it all each time I was looking at it either got away from us because you were gapping up to the upside was very difficult to do I'm just looking at money management and that every time we pull back we just pull back briefly look at this all the way from the bottom I'll just open this up and you can see so I have no excuse I kept talking every single weekend but I sent out my triple my my chart with my three time parameters for the Dow daily weekly month monthly I kept saying the week is looking very good the actions very good everything was there I kept talking about a bush we have had no shorts on any stocks for weeks and weeks and weeks I've been very positive I have no excuse why we actually didn't put that trade and I have to be honest about things it just helps me because then I can go on to the next thing without anything hanging over my head my subscribers know that I'm just saying I don't have an excuse for it and I did my big mistake really was the SMH because I I usually don't take in the fundamentals and treat them with great respect because I know that over all the years they've very often failed and absolutely we got a total failure with the shipping and even now and I'm talking to a couple of people actually about the semiconductors they're still telling me orders are not there we're not seeing an increase maybe we're looking out six months half of the year but at this particular point there's still tremendous weakness in the actual fabs and maybe some individual companies also there's something coming on in China oh look at this there you are this is the first time we're looking 2891.75 in the E-mini on the two-minute charge going straight down to the 200-period moving average 291.25 whoa and it does only up 15 SPs up eight let's see what happens here there it is so let me finish that semiconductor there are companies you see they have funding they get government funding in China and there are smaller companies that are coming on with products that are going to impact the semiconductor industry quite heavily it might impact it because there is so much demand and they're just filling in demand I don't know I have no idea it's not my area of expertise but I am saying that I was looking at it to be two points away from an all-time high little doji candle in the SMH right now are heighted over 112.67 that's less than two points from the all-time high 114.55 and I'm still hearing about the semiconductor companies the orders are not coming in like they should there is I don't know whether they've used up inventory or not maybe that's the case but look at the price the price is no they're wrong they will get the orders and there'll be some regression to the mean maybe it comes down to 102 as orders in the next quarter start to improve I don't know all I can say is a little toppy right here with the doji candle I'll be right back 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 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 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 20 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 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If you trade China A shares now may be time to take a closer look at the new or C-H-A-D Directions daily CSI 300 China A share bull and bear ETFs China A shares in either direction Visit Direction Investments.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 To obtain a Perspectus or Summary Perspectus please contact Direction shares at 866-4767523 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 Market Information The Perspectus will be listed at the 10-minute chart The Down went negative with the S&P still up 8 and as I said it was very interesting because I think that the weighting of of Boeing is affecting down to 276 oh Dow DuPont is down to 277 That's also interesting and that's that's that's also interesting and that was a big weighting alright so let's go on what we want to be looking at is let me just get out of this I don't need it anymore that's what I wanted to oh I wanted to show you something so to go with the to go with that question that I had about the positioning in the in the Dow I had a stock the other day and I can't remember it I did a work on it and I showed let me just see if I did that LPG I love the stock everything about it was great yes I did I think I did this all in a now I don't remember if I gave it as a as a stock we were looking at LPG is the name of it I don't even know what it does Darian LPG limited whatever it is you see that peak see that I've typed in over there right here I did this I think it was last week last weekend yes it was right there so we've got Monday Tuesday Wednesday Thursday so it was right I saw it I think maybe Sunday did something work on it on Monday and I do a whole I did a whole analysis of it in Chapman wave methodology and what it was was that I did the cup formation it was trading I think at 6.54 at the time I'm pretty sure that's what it was because that's where I did this left side right side price time match and it said that by the 2nd of April it should hit this high right here of the 12th of December at 6.79 so and then I thought you know risk reward I don't really want to have subscribers because I know I have subscribers that like little fun things to do they know the risks they know the reward but they just say you know what there are some stocks that if you can get into it and has a big move like we've had big moves in the options positions we've had but I looked at it and I said you know I just I can't do it right now I love everything about it and if I recall it didn't have very heavy volume so that was another issue well look at it today I just saw it and I forgot all about it I just see it it's on this particular list that I have is trading it over a dollar higher at 7.68 since we looked at it I don't remember if I sent it out or not it's up 46 cents what do you do I mean there are look at this A look at the single leg A in the weekly chart I love everything about it I do to this moment I still don't know what it is and what it does Dorian LPG Limited so it's obviously and maybe in English company foreign company trading at $7.67 LPG is a symbol very tough I love this sort of thing because there are people that are able to to just say you know what I know the risk I know the reward I'm going to get it but what would have happened if the next day it kind of gapped up it closed the day I was looking at it I'm almost sure it was this maybe just getting it ready for the first so it closed either at $6.42 or $6.54 and then it kind of gaps up and it's gone that's really tough so I never know quite what to do but I did it as an analysis you can see I did everything look I did I put the up arrow I labeled the ABC A peak A peak B and there was my C tough stuff but there it is I was a little surprised to see it and that kind of fits in that category of what do you do now so exactly that's what I spoke about in my my webinar the other night what do you do now for what you've missed well you've got three positions that you could take one is you just say you know I missed it and he says I've got to wait for a pullback and I'm waiting for a pullback and you can look at a particular level to to pull back maybe it's a 3% maybe use percentages maybe use a previous trough on the left side and you look at it and you say where could I get it let's just take any old stock let's just take let's take federal express I haven't seen what it's doing today but there it is it's trading at not wrong wrong chart right here it's trading at there it is so it's trading at in leg E I guess a good example leg E it's above the previous higher peak effort on the 13th of February it won 87.04 it it dropped down to the 167.61 level on the 8th of March and now it's it's at a real quick turn around a nice cup formation look at this cup formation right there to right there beautiful breakout this is a cup chapter wave cup and ladle breakout which always goes to at least a D or an E and then you've got to assess and sometimes it has an instant restart and then E could be E to A you say oh E look at that weekly chart with a 195 200 pre moving amp well you can do two things so you can do three things one is you can look at it and say you know I don't buy things like this even though it's broken out and that's very good I'm just going to have to wait for a pullback and you can make a level of 18704 from the 13th that's that's two and a half points or so I'll start looking at it again to get in all you say you know what this is on fire this is moving it was a absolute look at the monthly chart it goes from the 270 80s area down to the most recent low 147 150 150 and now straightening 189 up 39 and that's that's pretty good isn't it up 39 from the low what can I do so you say you know what I'm going to buy some right here and I will add and now you can use what you were doing before you can use that as a little bit here maybe because it's extended but you can say I want I'm putting in a bit at 184 that means my stop has to be over five points for this and then you have to put a stop it and that's the way that's your plan it's not like you're going to be buying down just averaging no your plan is to buy a little here and then add to it later and you can even have a third position if you really love it but that's something else or you know what you do you say you know what at 189 it looks fantastic any pullback towards the 187 level I'm buying the 190 call look you've just covered yourself if you're wrong you know exactly where you're lost you know exactly what your stop is and that's the best way to do it and I've tried to do that as much as I can doesn't always work out but that's that's a plan I like that kind of plan all right next thing if you have time advanced micro yep I did want to look at advanced micro devices because Intel advanced micro kind of led this move to the upside weekly chart advanced micro is in leg E at 30 it's at 29 right now at 2969 two days ago it hit 30 2995 so this is A B it's in leg C peak C it looks very strong MacD's at 82% I'd prefer if it was at 90% but it is at 82% sorry this stochastic and the MacD's very good I like this very much and what I am going to say is well if you have time could you look at advanced micro device I have daddy peak C yes JB in the dead so this is a brand new buy that was inverted have that one right there that's your second cell signal and here comes a buy this is a buy mode daddy a buy mode weekly and the monthly is actually inverting to a buy signal that could very well become a buy mode advanced micro is doing very well I'll be right back I was at 15 S&Ps up I'm certain you are or strive to be one of the best of the best in everything you do in life it's the most common trade that we tigers and tigers share if you're looking to become the best of the best when it comes to managing 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 6 and 3 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 in 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 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but today our food sources no longer contain the vitamins minerals and nutrients our bodies need to stay healthy and strong that's why we need primal edge daily nutrition it includes a special blend of ionics oil 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 content 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 Niko and Paige 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 things before we wrap up for the weekend I'll see you all Monday check out my opening call don't forget to become a subscriber you also get my webinar I think it's a very important webinar for me look at Intel look at this left side right side price side it's got one more week to go before it tries to get to 57 60 it's at 55 33 I don't know if it can and I think they take a bit of a breather there's nothing wrong with that I don't know how long the breather will be but look at this this is the reason why the SMHs are doing so well Intel very powerful it was almost at its all time high of 57 60 back in June of last year very nice look at this beautiful left side right side price time match look at the chat wave inside so I was asking a comment came here Steve Moore oops sorry I'm the last one Steve Moore what does he ask to say of old Larry Cutlow show Trump The Apprentice I never thought of that directing Fed okay so yeah I've mentioned this last year I mentioned this over the years that I got very upset because Moore wrote this book and he just like a parrot he kept repeating over and over and over all the negatives through the Obama years he never ever spoke about that the market was coming back this was his his forte I mean this was economy economy right he never spoke about the positive it upset me yep I understand the negatives and he did that very well but he never spoke about the positive and now he's going to go to the Fed not good remember about two months ago I said my theory has always been that Republicans resign and Democrats stay what happened in Virginia right I mean we just see this over and over that was just a commentary on observation what the political commentary happens to involve politics and I'm looking at this and I'm saying this is going to be one of the most fascinating periods we've had for ages I mean I'll talk a little more next week about it but in the meantime I've got four subscribers I'm going to show you a skyscraper coming up in where in a place that you wouldn't even think of a skyscraper Denmark I'm finished with Denmark was it Denmark there's nothing there then suddenly there's a skyscraper this is the era of skyscrapers have a great weekend check out my opening call have a wonderful weekend and I'll see you back here on Monday see you for Steve Dave and Tom have a great week