 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 here Tiger Technician Hour 877-927-6648 And just to mention again I'm going to be doing my webinar Tuesday, 5 o'clock to 6.30, the 19th And it's about many of the techniques that I discussed here Which really are kind of fundamental to my way of analyzing markets And some of them are just nearly tools that you would add to your tool chest In other words, if you're using any platform, it doesn't matter which platform it is You must have the MACD, you must have the stochastic, you must have even on-balance volume Moving averages, those are all part of the equipment right there And I'll be showing you how to use it One of the things that I like to do is, let me just briefly go through this again In the Chapman Wave Technique, we try to identify a low bar that's important That can take you to at least four higher peaks, A, B, C, D When you get to that fourth highest peak at D, other things can happen So you have some caution because you could recycle higher Or you could actually stall, have a deeper correction You'll see, yeah, in the corner you can see this chart, there's the dollar No, sorry, that's the Dow, back in September the 12th in 27306 Next day I made a peak D with a little doji candle, pulled back to 25,743 I also like to look at the arch formation and the cup formation You can get a combination of a straight line down And an arch that takes out the left side low, that's called the dreaded H Because it goes much lower, unless the technicals are really improving To give you a new brand new buy signal, so that's always a warning And the same thing here at the top, where you go from the left side high After a straight line, move to the top And you make a cup formation, if you break out to the top side with good technicals You can keep going higher, basically that's how you're looking at the peak A And then you take out that peak A by one penny to start leg B That's your, look, there's your reversed Y There's another reversed Y, anyway, so those are simple techniques Now what we're going to do is, let me just put this across here So in this particular pattern right now, one of the reasons why I wanted to go short Is that there's a pattern that's been working for quite some time now Where the market makes a high and a D, or a little higher, but the letter D And then it goes sideways for a moment The big clue that we've found now, I've found at least Is that if it breaks to a new high, within the high of that rectangle You've got to be careful because especially if the technicals are good Because it just could keep recycling higher Look, this isn't so much in points When you're going from the 27,500 to today's high of 27,954 Yeah, 400 or 500 points, that's a lot of points But just in the spectrum of what you're looking at having come from 25,743 So far it isn't all that much But what's really important is the nine period exponential moving average The green line held the support and it looked as if today If today there was a turn down in the market And you start to break the nine period moving average of 27,677 now It was actually just a little lower yesterday It's higher because of this big move up That would have suggested now finally you could start to test The black line, the 14 period exponential moving average of 27,547 If it doesn't happen, you have to say, okay What were the things that you were looking at that were positives And are still positives And one of the things I always say is a flat stochastic at 93,95% Is really good The only way you're going to get a turn down after that Is if you can identify using either Chapman wave notations Or some other way maybe a little doji candle in a reversal You can identify that there's something going on That is going to make the price deteriorate And what I've been saying for a while is that you're going to have a 5 to 700 point down move Before you even get this green line, the nine period moving average To cross negative under the 14 period moving average But the on balance volume with the blue line was suggesting It's overbought wherever it gets to this particular level The upside gets real different You can see we've taken one, two, three, four, five days Where it just stalls right in this area of 27,790, 27,806 And today's a big break So this is very important because it was saying We are short, we might not be short for much longer We've been almost a penny of being sucked out of our diets It was a position that was based on the technicals as they were looking Today's break to the upside with a gap That's really good action Compared to what could have happened if we were pulling back And if we were down 150 points right now from yesterday's close It would have said, yep, correct You're in the rectangle formation A rectangle formation can last a lot longer than your patients This is a tactical Friday So I'm going to be a little technical here But what's really important about this Is that it's going to take quite a bit of price movement or time With lower highs and lower lows to get this MACD to cross negative It's going to take the same thing to get the stochastic When the stochastic goes flat Let me see if I've got other examples of this I really want to try Yeah, there it is So there it's flat And the MACD was good And it was a shorter time period And then you got to pull back And it just hung around and hung around It didn't break out of the 26,907 level from June Until suddenly there was this big spike that took it to the high Of July Fortunately we were able to short within 7 points of the high Using this particular method we were expecting the D And so it took a long time The flat stochastic actually went lower and lower And the MACD didn't really cross negative just briefly And then it went to that D And then after that it turned down So it's important to recognize that a flat stochastic In the 93,95% here Can stay flat for a long time And to get it to decrease And then to go under 80% Because I always believe over 80% is very good Under 80% says okay now you're starting to see some weakness To do that we would have to go all the way down To 27,420 27,360 level And so far I don't see any news at this particular point That's really going to do that So we'll see if this is going to be a sideways consolidation With a breakout now or we're going to go back into the Consolidation phase With that said the weekly I had a question A good question came in from GT Why am I not calling this leg B a peak F Since there was the E and that was an A That was a grey egg because it was underneath that level So it counts but it's not as important as if it's blue Why am I calling it a B and not an F Well there's three reasons I've called it for a B for a while One of the reasons is that In time we've used up so much time We've had a cup shaped formation That went to the top in July Had another bottom in August That went to a cup formation I keep forgetting to put the date in here September the third, the regular September the 13th Pools back makes yet another cup formation This is suggesting to me that we're making higher highs Higher lows It's just been consistently doing that since the June low Even though the retracements have been deep I don't, even if I called it F I'm not looking at more than 26,500ish Or maybe a little lower on a worst case basis Just at this particular point So I think I'm comfortable right now Calling it a B and a B mode And a D in the month I'll be back, Mazelchap and take admissions hour And we'll go through the hour If you're not currently using the Taz Profile Scanner When looking at setting up your trading opportunities Then your arsenal is short a mighty weapon The Taz Profile Scanner is a stand-alone piece of software That instantly filters over 2,500 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definition Or just accessing your newsletter subscriptions We even have new pricing In six months and yearly options Check out the new TFNN.com now And experience all the upgrades TfNN.com, educating investors Hi folks, so now we've got the S&P and leg F and this has done a recycle. This is a tough one because the technicals are still good. I got to give it, I have to be conservative in my wave count. I don't want to be aggressive by saying F slash B. But wow, this, I mean, the way the stochastic is holding a 91% on balance volume is really high. Usually, I mean, I can go back and I'll show you that these, there were serious tops. Look, on balance volume right there, what did we get? We get that rare G top of 3021 and the S&P back in September, the week of the 19th. Here it is, top right there, that was a D peak D at 3027.98. That was in the first, what was it, end of July. And you've got May 29, 49 peak D and look, there it is. So this is, look how high it is. This is really unusual. We are on a one hand, it's really good because this is on balance volume, volume has been accumulating because they've been so few down days. So you add the total, this is a running total, a total of the volume on up days, you add it to, you add in the down days, you subtract. It's very simple. But at the same time, this is where it's exactly the point. There's one other reason why I thought there was a good chance we were making some kind of a top. Hey, what can I say, this is what we're doing right now. And it's letting us see a nice breakout in the S&P. So I got an email saying, the S&P 500 is closed above its 10 day moving average for 26 consecutive days. Ah, that's why the unbalanced volume is so good and the MACD. This is actually the second streak of at least 26 closes above, above in 2019. This is the first year that's happened since 1985. That is the same year Nintendo was released in the United States. That was a long time ago. You actually remember that well with my son, Nintendo. Funny, that's his language. It's kind of what he's doing in real life, software. All right. So thank you for that. And I'll answer some of those other questions as we get, as that's an exhaustion, options, explorations, there's an exhaustion gap up. We won't know for a little while. But let me just show you something. I missed this. I'm sorry, subscribers, although I didn't want to change any of my calls because they were based on other things that kind of coincided. But look, here in the in the Tringage, we had Tringage reading yesterday of 2.38. I didn't realize it would be so high 2.38. And that says that you should get a 92 off point. You many futures within two days. Certainly we got that. It was four days ago. Same thing. So these I missed them for some reason. I just been so busy. I forgot to look at my Tringage. So now what we're looking at is in the 120 minute doubt chart. We've got a little doji and a peak E and you can see it right there. And the Magdi did turn up for this. And the statistics is 91%. What happens now? Really important. All right. Let's get back to the S&P. So the S&P, at this point, make it simple. 308 is the nine period moving average support. 307.5 is the 14 period exponential moving average support. And you're getting the M shape pattern in the Magdi, which says normally I'd be expecting some kind of a pullback. I'm not talking about a massive crash. And I'm just seeing a pullback, a digestive phase in a starting next week for within my Tuesday. That's what I've been looking at anyway. Okay. So the QQQ123. Here we go. QQQ, a little doji candle. Had a height today of 2.80 all time high. Magdi is good. You can see that little turn up called the Dolphin pattern. It says that the right M shape pattern, the right little arch, how long it lasts is going to be very important. Stochastic is really good at 90% and the on balance form started to pull back a little bit. Leg E, I didn't put this in yet correctly. I keep taking it for granted that people know what I mean. No A, B. I'm going to call this a C. I'm not going to call it an E just now. Maybe it will be an E, but I'm not going to change anything now other than to say I'm calling it C because it really is very strong. Now you can still have a pullback from the, you know, at a peak C between 195 and 193. And it's still nothing wrong with the whole thing. Stochastic said 95, 96% and the Magdi is just expanding now. That usually leaves a little room on the upside to go. Leg C in the monthly chart is very good. IWM, same thing. Now I had questions about long term trend lines. Yeah, look at this trend line. It goes all the way from 2009, where it wasn't the start of it, but the low at 34.26. And the IWM was the start that was in March of 2009. And then it rallies all the way to a peak D at 86.82. There starts your trend line. And then it pulls back and creates a bottom trend, a beautiful channel. I love the way channels work. prices stay in that channel. How they do that is just incredible. I have a theory about it. I could never prove it. It's just my in my mind, I've got a theory and basically it says enthusiasm runs out when it gets to the top in the same percentage as it does each time the same kind of move up bumps into resistance bumps into resistance. But how do you measure that? And then it pulls back breaks the support at 93.64 in February of 2006 and runs all the way to 173.39 August of 2018 plummets down to that's a real plummet 5050 points to 125.81. And that was December and then it rallies and now it's making the arch formation that's getting sideways in an M Platinum. Good action. It should take out it should have a test of 111 right here. So it should have a test of the high that was made right there. That was in May of 161.11. Today's highs 159.29 getting close. But this one's really struggling. And this this is this could be a very positive Chapman wave. This is the falling axe pattern, although it looks more like a channel right there. That could be very positive if we get to 159.70 by Monday or Tuesday, then it could retest the 166 high of was it the third of the fifth of November? All right, let's go on. Any questions? Yeah, it has something that I think is very important. The IYT has started it really is it hasn't confirmed anything in the Dow going to all time highs or the others. It said 196.08 the transportation index up 94 cents but it's really struggling. It can't get out of there it will but not now it's good at least it's not doing it now in November this trend line resistance, it needs to break into the 198 area to say, Hey, I'm doing great, but that's not good enough. It has to break ready above the high that was made in the seventh of 201.48 and type that inside can remember it. I don't have to remember it point 48. All right, so so far there's not really a confirmation in the transports. A couple of things that we want to look at here. So I want you to look at gold. I did Larry show this morning. So subscribers, I think I forgot to mention it, but Larry show at nine o'clock did a whole bunch of things commodities, etc. So what we're looking at here is gold has a rectangle in the weekly chart that basically says between 1542 and 14, let's call it 65. That's a big support level and resistance level. But I've got another one a narrow one that says treat this like it was. Basically, if I can do that here. Yeah, let me get rid of this because now it's unnecessary. This is like a full crew. Like a propeller show off. This is the midpoint. You go above it, you come back in, you go below it, you come back in. And then you get stuck and you keep trying to go below it and holding but you can't it makes lower lows. So this whole area you go 1495 to 1505. That's going to be really important resistance to try to take out the gold right now. It looks like it's just continuing to come solid. I'll be back with more about soul. Basil 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 19 from five till 6 30 p.m. 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 Basil's live subscriber event taking place later this month with some stock picks up 15 to 30% this year alone. Basil 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 path of least resistance is David White's daily trading newsletter. 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Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade Charts today by visiting tfnn.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. So let me talk about this again. I'm gonna be doing a webinar on Tuesday at six o'clock. That's the 19th, five o'clock, I keep saying the same. Five o'clock till 6.30. It's an hour and a half. Talk about, look at this peak D. I keep saying peak Ds. Look at this peak D there in NVTA. So I think it was a Greg who had that. No, Jason, I think, we got Jason, I think, had this NVTA yesterday. We're talking about it. I said, looks good. Good starter position. Nothing I would change in his trading pattern right there. And I said, it looks like it should hold here, but you really want to see a nice move up to the pink weekly, nine-beard moving average, and then maybe even touch the 14 at some point in the next week and a half. Well, today he did it. It's up $1.50 at 18.89 up 8.6%. Nice eye, Jason. Good rational, good entry, good way to do this. And now I can't remember if I said to you to add, if it goes one penny above A at 18.12. That was my thinking. And I have no idea if I actually said that to you, but that would be my usual positioning if it's acting very well. And that's certainly when a gap gap opened at 18.04 when it closed yesterday at 17.39. That would have been it. So I hope you do. Congratulations. You are doing well. A good trader. I had a question if I'd review some of what I looked at yesterday. So just before I go on and go to the dollar et cetera, they're not doing all that much. Look, SPLK, I think Splunk comes out with earnings. I don't know when it comes out with earnings, but 118.76 up $1.77. What I said is the question was what would I, what would you do? And I said, either you put a stop in a little lower down, but I didn't like the action at all at this particular point. But if you're in for a longer term position, let's just wait and see how it handles. I think I'd say the 116 to 114 area. Today's low is 115.33, but I didn't like it at all. This is a good turnaround, but that weekly chart still looks very personal. Whatever happens in the whatever the earnings is, let me have a look if the earnings came out today. I know it's real close. It's either earnings, let's see. News, this is not very good. This is on trade station. They have a great platform, but they don't always. Okay. Splunk option alert November at 1.18 calls. 118 calls sweep. Ooh, sweep. Cleveland research downgrade Splunk. That was yesterday. All right. So I don't know what that means. Splunk option alert. Well, that's maybe because of earnings. So, okay. So I'm not sure when the earnings are coming out. Okay. Now, the other thing I'm looking at here is, in video, we had a whole session on video, not a whole segment. I said, a couple of people asked me about it. And I said, for the people that have it, and someone said they've got quite a good profit in video, I said, I would, just because you've asked me the question and because they have earnings, I'm going to recommend take a little bit off your core position. If it's from much lower down, you'll be able to handle that. But I'd rather see you take a little bit off and have it spike six or seven points because it's fantastic earnings news yesterday and say, oh, I've still got my big chunk. But I have taken a little bit off because of money management that you have. You say, now what do I do? Take more than a little bit off? But now you don't have to do anything. It's a 205. It had a height today of 211.78. The most recent high was, in fact, 211.86. And it's just fascinating to me how these spikes occur and they can come within pennies of the previous price and then they can do something else. In this case, what happened was it plummeted down to 200.64. Now it's come back five points so people are still deciding because some of the others applied material. AMAT has had a very good session is helping the SMHs and help some of the others. Although I'm a little disappointed the SMH is up $1.57 at 134.51. I would say that it should be up two and a half to three and a half at this point if it's such great news. It's not bad. It's up at an all-time high. I'm just a little surprised that isn't that much more. So here's the other thing. Nvidia, Leg D in the weekly and that's the reason why I said, you've got 211.70 last week as a high. You've got 211.86. If there's a sharp turn down this coming week, I get a two-bottom wave, two-bar reversal. And that says, give me a little careful because you could come down to the next most important doji or gap or moving average. In this case, 194 is the weekly. That's really far away. But you could come down to the low of, they filled the gap today. They filled the gap, 203.89 was the gap high of the first of November and the next day, 204.92. That's a $1.10 gap. So that's already filled. Okay, so yeah, so we'll deal with that. We'll have a look at it again. Just, it's on everything you wanted, still holding very nicely. If you're in long-term in Nvidia, at this particular point, other than take that position off that I said, just to alleviate some worry or pressure, stay in that way. I don't know if I'm shorted right now. I think it is a potential for a pullback. I don't know about shorting. Next question I had was, could I look at tree? Because it was holding and I said, it's just doing okay, don't do anything. It's had a peak D. Yeah, there it is. Down at 370 is down 0.46, down 0.12%. No, I feel the same way. I think it is consolidating. Just give it a little more time. The weekly chart at peak C is suggesting that you could get a D. So keep it there. Next question I had was, yeah, so in the den, I had a question about, could I look at SVM or Ego? So on my, I have a list for my subscribers. I put them in just to say, these are the ones that are coming up that could have, I call them screamers, because even though they're in leg D and they've really gone higher, they just keep going to the upside and they're low price and they're grateful trading. I don't know how to add it to my news that has just really day trades. I don't wanna do that, but they have been really quick moves to the upside. I had this, I didn't, I don't think I mentioned it, it was on my list. And I'm not sure if I mentioned it in the, in my newsletter the other day, it's SVM. And I'm looking at this and I'm saying, wait, silver's acting quite poorly, gold is acting so weird. What the heck is this? And I saw it right here on this day. And that was at the close, it was actually intraday, I saw it in my scan on the 12th of November. SVM is silver core metals, that's the silver core metals, the metals are not doing all that great right now. What's going on here? Well, I still don't know what's going on here. Other than I was going to say, let's try to get it on the 12th, I thought I'd put it in, I had something else instead. And I was gonna say, let's get it on the dip. It closed at 458, I would have said, let's try to get it under the 452, 450 level. Well, we would have missed it because the next day the low was 456. And it screamed again. And then the next day I'm looking at it and it does it again, I knew. Legs, this is called the floating letter, I'm gonna teach this on Monday, on Tuesday when I do my webinar for subscribers. It's a floating letter, I'll just review it, some people know it very well, but other people would be fresh. So it remains a leg D, a leg D, a leg D, a leg D. Boom, if there's a lower high, below today's high, which so far is 490 tomorrow, that becomes a peak D. So it stays a leg until it makes a peak. And then the weekly chart is gone to a leg D. I still don't know what they do. And the monthly chart, this is actually a new leg C, isn't that incredible? That's a screamer, look, this is a single leg that went from $3.90 maybe, 391. All the way to today's are 493. That's a, wow, one and a half point move. That's like a three percenter in days. 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. 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We had one in the newsletter, just very briefly, BDLB, Bellard Power, BLDP, which I followed, but it didn't do quite what I wanted. And now it's screaming to the upside. Look at that, $6,000, $8,000, these $6,000, $7,000 stocks have been absolutely fantastic. We had one just the other day, which LGF.A, which we got out of, we got in nicely and had a great day. It went from 7, our entry point, 7.62, it went to 7.92 in one day. But then it pulled back just a little bit more. And my only concern was for months it's been going from the 36.48 high in January of 2018 down to the most recent of October of 7.65, October the 30th. And I didn't want to see another LGF.A fail. This is really good action. Now it means that it's part of the Zionsgate Entertainment Corps, A shares, movies, et cetera. That's all part of the media section. And they're doing well. I mean, look at Disney, Disney is on fire. Well, I wouldn't like to sound fire. It's done fantastically. 1.50.63 was the high. Now things gonna pull back a little bit, but it isn't a leg D in the monthly chart. I'm gonna be watching this one closely. Might go a little too carried away with that move three days ago. That's the move on Friday, was it? No, whatever day it was. Today's Friday, Thursday, Wednesday. Wednesday, where everything was just meandering. And then at the end of the day, there was a rally and then there's horrible failure at about something like maybe 2.30 or 3 o'clock. And then all of a sudden it just turns around and screams up because of Disney. The Dow was helped. So yeah, that's what's happening here. That's why I've been saying that the Dow is such a perfect vehicle in many ways because it has such a big, it's not the Dow industrials. It's the Dow 30, really. And now it's in a different thing altogether. And it's just showing a completely different perspective. It really is the world. It's the economy, it's everything. It's got in there. So up here at record highs, I must admit this is very good action for the Dow. A question I had about, let's see what was, where was it, where was it? The E, yeah. So I had a question about some of the ones that we look at, like Caterpillar. You see, the industrials are stalling now. They've had a fantastic move. So Caterpillar's up today, 226 at 145, 75. But it's had a fantastic move now. It's taking a breather. Deer, Deer is, same thing, makes a peak F five days ago and now it's taking a bit of a breather. And this is the thing. This is that rotational upside correction where as some group starts to falter, another group takes over. Like you do very often on the downside which keeps prices even without breaking down. So it's had a tough time breaking out even though the new highs, it isn't really vertical yet, but it's because of this rotational aspect. So Deer, the other one's triple M. Triple M is having a, where did I put it? Right here, triple M is, 3M company is up. 1.59, 172 is also hit the 200 pre moving average. Peak E is pulling back here. And UTS, one of our favorites here. We did own it for a long time and we're out of it but now it's at an all-time high. 149, 37, leg E, leg D in the weekly and only a leg C in the monthly, big breakout. These are all very good positives. And then you've got someone that have been weak. So, this is US Steel. It's had a very good move, but yet it hasn't broken out. When you finally see these deep secret goals like the Steels, like the SLX, let me put that in, that is the index itself. Look, it's just stuck in a range. The weekly chart doesn't look that great, but when these things finally start to move, I'm gonna be talking about that on Tuesday, what I'm anticipating, which sectors will really perk up in the next phase, which will go into the beginning of the year, that's gonna be really important. So, I wanted to mention that and there was something else I'm thinking out loud here because I said, oh, high grade copper. High grade copper is up today, but it's really struggling. Made that peak E in the Chapman wave with under the 200 period exponential moving average. And I'll look where it is. That weekly chart is really not good. If copper can get to the 2.86 areas, really the 200 period moving average at some point in the next six to eight weeks, that's gonna be a different thing altogether. That'll say the world markets, the world economies are starting to improve. And do I have time for this now? Yeah, I mean, just do this real quickly. Here I have my, this is what I show my subscribers in the weekend, I'll start preparing and sending out charts to my opening call subscribers. And that'll be, here's the triple yields. The white is the 30 year TYX yield, 30 year T bond. This is a 10 year T note yield, the brown TNX and the five year FVX is right there, the cyan. That's the five year T note yield. And you can see that a big move off the low, but what a move from 34.55 in the 30 year, 3.45% down to the low that was made, I forgot to type that in, I should have typed it in, right there, the low that was made in August, 1905, 1905 in August, 1.905. I mean, what a move, huh? So double check that I look at the right thing. Can that be? Yeah, well, that's amazing. I keep forgetting that it was such a big move. Yeah, this is a big move. So that's important. And yeah, you've got the wood, the global timber and forestry ETF on the right, upper right, it's in a rectangle formation, made a slightly low load, below the 55s low, back in December, it ran up to the 67-ish area and then it went down to 52.75, now it's in leg B on the upside. A failed before, well, B failed, well, we don't know yet. If there's no new high this week, new recovery high, this will be peak B. But look, there's the home builders with low interest rates like this, they've done very well, but they've been stalling for about three weeks. I'm watching this closely because at the Philadelphia HGX Housing Index, if at 3.56 right now, if we can break into the 3.61s next week, as yields remain low, that'll be good, but that would mean that the TLT is rising and if the TLT is rising, normally you would expect that the market is getting, it doesn't like this uncertainty of stocks because when stocks get volatile and drop, money goes into bonds. So this is gonna be very important how we come out of it. In the TLT trading at 137.91, a big move above, I would just put it this way, above this trend line going into the 139.60 area, 140.20, that says, hey, be careful, bonds could now rally again as yields pull back and if it's the other way around, that 136.54, low that was taken out at 134.45 last week, be careful because then these things can go down, the TLT could go quite a bit lower and yields could go higher and that might impact the housing market negatively. Just trying to give a bigger picture. Silver, I just want to finish, I don't think silver is like gold, it went underneath that the weekly low yesterday, last week was lower than the low that was made first of all, October, and that's that H pattern, the dreaded H and the channel wave methodology. So we've come back above that fractionally 90 to watch this closely because if it gets back into the range, then you can have a balance to about the 17.40, 17.50 area in silver. This is going to be an important moment. Just come back from the low of today and that's good. Same with gold, gold is now down five, it's improving, but that too is gone from underneath last week's low, now it's trying to get back into the rectangle formation. Plaza of Chapitows up 161, S&P's up 18, I'll be right back as soon as these messages are finished. 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. 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Primal Edge is powered by highly concentrated folic and humic acids. Nature's preferred delivery system. They've 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 Niko and Paige of Living at 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. Hello, don't forget Steve comes up, Dave White comes up, you've got Tom O'Brien, I'll be back with Tom later on. Okay, this is what we're looking at here. A question just came in, Greg. Morning Basil, would you look at ABPN for me? I sold half of my position at 56.98 and we'd like to add back. Wow, very nice. The high in fact was just over 60, 62. Good positioning. I would like to add back. My core position is at 36.90. Where would you add back? Thanks, Greg. So Greg, this is what I've been looking at. ABPN is APN core, A shares. I know we spoke about this some time ago. So it's pullback sharply announced, walking the 200 period moving average. So I don't think you need to be in a rush here. But what I would say to you is this, you see the way it keeps hugging 41.25, you're in a nice position. I would do this, I'd have two positions. I'd have two mental aspects to it. One is, I'd say the 200 period at 41.25 is like a magnet. So even if it goes below, it's bound to retouch that. And this is a gap down because it's just real bad news. So I would have one place to go at 41.26. And there I would have maybe a two point stop because you've had a really good gain just to start your position. That's all, just have it in, that's all. But if it starts to move towards the, the height today is 43.81. If it goes to 44.08, I would just nibble. I'd start a little position there only because that's the 40 period moving average and it hasn't held it yet. But if it holds it, there's a good chance to get that one quick pop towards the 46.26 high of the fourth of November. And then you can start working around that and say, well, have I lost that position I wanted at 40.25? It's a better way to be in it because you're moving with higher highs and higher lows. I don't want to be buying lower highs and lower lows. So that's the idea right now. And then we can talk about it again next week. But that's the way I'm looking at it. So folks, just stay tuned to a good programming here. Check out my webinar coming up Tuesday, the 19th, five o'clock to 6.30 for subscribers. You can become a subscriber, you get my service for a month free because you can get your money back if you're unhappy. And in the meantime, back to the rest, we have had some good buyers who use all these techniques, left side, right side, price, time match. We were in this BDSI, this bio delivery service. The reason why we, there it is at peak D, we're in at 5.17 and went to 6.45. Some things have worked very nicely. Other things haven't quite worked out as well. But I have very tight stops, one to 2% stops. So we either get taken out and then it works or it does.