 investors. 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. Welcome everyone Basil Chapman here on this very last trading day of January 2024 the dollars up 12 at 38478 look at this Boeing out of the blue Boeing comes out with earnings it's up $7 $259 from the chart pattern that I'm looking at this looks more like a a balance that's going to have to be retested at the 200 level 198 level over the next week or so but we'll see this is important because Boeing has done so many so many things wrong all I can say is that it's very hard to have the kind of faith we used to have what was a 10 years or so in Boeing you know they've had some some situations that are almost self-inflicted and that is really troublesome all right so let's get back to because the Boeing was the other one that I was thinking of yeah Honeywell is in the Dow and Honeywell was up quite sharp in fact it spiked up to 207.71 now it's down to 204.19 down to $71 came out with earnings it looked like it was good hey look at this you see this tiny doji candle right here on the 2nd of January at 210.61 the recovery high uh well you know what happened that day also saw a close of 209.00 and then what did it do it plummeted down to the 195 level announced had a big spike up talk about round numbers you know I've been talking about round numbers this is a week exactly right since last week Wednesday I was saying hey there's so many round numbers look at this um Nvidia NVDA I was watching this all day yesterday and I thought am I right am I reading this correctly well it had a 634.93 all-time high yesterday well you know how I talk about round numbers that for oh not just years decades and decades uh going even going into the 1987 crash I was already very aware of round numbers and that gave me the signal on the 19th that we had made a made a major loan that within what did I think I remember saying within 16 months we should be at all-time highs because of those round numbers well I don't know if it's going to work that way this particular point but we've had I must have counted between last week and this week just on stocks that are important stocks maybe 30 40 round numbers either at the high of the or the day before the day after or at the close within that actual high within a day or two or the day off so what do we get we get Nvidia 634.93 and it has an opening 629.00 open goes to an all-time high and it's now at 617.00 so make it this is the way I used to always use the round numbers if it takes out this that should be resistance if it takes it out it allows for it's still important but it's lost the importance because the further away you go the greater that 629.00 is going to be a very serious repellence line so if at this point it can pop above it but if it closes above it be prepared that it can go a little higher but it's a warning to say that it's reached like a ball when you throw it up it reaches a zero percent change as it's about to inflect from the upside to the downside it stops for a millisecond stationary it has to otherwise it couldn't turn around and that's really what I look at for round numbers all right now for that let's just go on let's just see what advanced micro devices doing so advanced micro devices made a not made an all-time high I have this still in a leg being the weekly charts and I'm not getting too excited about any pullbacks yet the moment and that could change but right now we've got an all-time high of 184.92 I searched and I searched and I searched and I searched for round numbers I didn't find any and right now what we're we're trading at in advanced micro devices is it's trading at 167.13 down just about five so it's not a big deal that's from the 184s to the 181.67 area well again it is considering how quickly it came up this is that inverted v-shaped pattern so we've got to watch it close all right let's get to our story so we've got the QQQ I did the S&P the QQQ had a 429.25 p d high with a doji can all these tiny doji candles at all-time highs I always say to myself wow I mean that's the slowing of the upside momentum but that just means the slowing of upside means you can't turn around to oh my god 429 I see that's going to 320 no you have to go one step at a time the one step at a time says we've got the dreaded H which failed yesterday because now it's making a low a low it's sitting on the two of the 14 period expansion moving average this is the QQQ invest QQQ trust series QQQ trust series this is the NDX 100 trading vehicle I have it as a peak see I could give this a g-stash see but I'm calling it a C in the weekly chart for now so that says intermediate term still very strong and I'm calling it a B in the monthly chart that says longer term it's still in a buy mode all right so this is just a very important momentary timeout that's the way I'm looking at it I want you to just go to the IWM because some people are saying small caps are going to become more popular I don't know so this is the 2000 the 3000 is that wait the IWB is the 1000 which is done fantastically IWB made an old made an all-time high at a peak oh this is a peak C right here look peak B peak C and a D we made a D just like the QQQ just made a D and pulled back the IWB that's the I shares Russell 1000 ETF gosh what's the 3000 somebody if you're in the den if you give me a yell then tell me what the 3000 is I'd appreciate it actually you know what I'll do right now I'll say if I can just go right here actually none of them have finished this I'll write it down IWM 3000 not three IWM but it's that okay so all right with that said let's look at the TLT TLT was soaring earlier on because the bond yields have started to come down and that's usually a very good thing but we'll see if that correlation works here because all the correlations have been topsy-turvy lately now so this is 96.50 up 78 cents on the 200 period moving average after that 100.57 peak G at on the 28th of January and then it comes down I think the IWB went to a D let's see what this meant trough a trough B yep trough C and trough D so this went to a trough D and on the upside we've got a gray A because it's stochastic us and MACD are still very weak so I'm only calling it a gray A I'm not going to change the color right now and the TBT which is the inversion has gone to a peak D and we're pulling back with 3202 down 58 cents this is going to be something to watch so where are we we're starting for my subscribers we're going to start implementing some short positions we're trying to get one today I know there's something if you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter you should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals sign up for rocket equities and options report today with a 30-day money back guarantee so you have nothing to risk for all the details and to start your subscription today visit the front page of TFNN.com TFNN educating investors everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the Fibonacci 24-7 newsletter at TFNN.com when you subscribe you'll get a weekly report from veteran day trader Larry Pesavento on stocks you need to pay attention to and you can trust Larry's analysis after all he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking expect notifications from Larry on market movement you need to act on at any time first time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up subscribe to the Fibonacci 24-7 newsletter today TFNN.com educating investors the gold report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market the us futures market and the Shanghai gold exchange the gold report tom obrien publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xAU hui gdx the dollar bonds the south african rand as well as 25 different mining equities with specific buy sell recommendations the gold report new subscribers get a 30-day money back guarantee so you have nothing to risk subscribe to tom obrien's gold report newsletter now at TFNN.com TFNN has launched the tiger's den hosted at discord TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours the tiger's den available to all tigers and tiger's for just one dollar for the year there's no catch or added costs when you join our community of traders sign up today and become a part of this educational community of traders just visit the front page of TFNN.com free at 1-877-927-6648 internationally at 727-873-7618 3000 is right there the dollar rua i get it from trade station so i haven't got the iwm equivalent i've got the actual index the actual index has made a peak in the daily a leg b in the weekly tiny energy candle but we've still got a couple of days to go and a leg c in the monthly and that legs oh oh oh wait a minute that was 28 17.11 and that was the 27 yep that was the high back in january of 22 and uh 28 when i say 17.11 and the most recent high was at 28 28.07 so actually that's not a d that just picks up remember the whole the rule here the chapter weight methodology is from the low bar you count each excessively higher peak and becomes a gray peak if you pull back and you start another another peak under it but if it takes out that that higher left side peak that's the next letter that becomes a c so if this made a c underneath you'd have an overlapping wave which guarantees you that you're going to a d uh 90 something percent that you will go to a d well we've just gone to the d now this is not a c because that c gets picked up because the pullback didn't take out the initial starting point down to the 1200s and here we are we're in a leg d right now so that's fascinating why because remember the s and p monthly chart spx.x there we go s and p made a peak b but all the other peaks underneath it was peak a gray peak a gray peak b then i made it blue because i said uh oh stochastic's over 80 percent i have to call this a buy mode we should be going to a d and that d gets picked up the moment it crosses that peak b because we're already at a higher letter that's chapter weight methodology and that's kind of important and most even more significant is that within the context of the i w b the i w whatever this is in i w language there's some p 500 index so this is the right oh now do i remember r u a i believe it was i was at dot x yes no it wasn't dollar r u a there it is yeah and that that is where you take that peak c and that's a continuation pattern to d all right so that's very different all-time highs is just made so it's only the i w m that's been relentlessly reluctant to move higher so now we've got a bunch of questions coming out i covered everything i wanted to yes um so a couple of things that we needed to look at and that is let's just go back to gold now of course with the fed talk this afternoon etc that is important but what was really important to me is that the weekly chart and that's what i've been saying about gold all the time is that it's not acting badly it's not acting great it's just acting okay it's gone sideways now it's really important is we've seen so many of these big spikes up and by the end of the day they give give it back this is to me is a little different because the ninth period moving average is within a millimeter of crossing green which would be the first time it's done since the big move down back in the beginning of uh january so and it hit the 200 period moving average almost twice and now to use that as a springboard so i'm not rooting it out and i'm not rooting it out because the dollar has made its pd it's tested a number of times in fact what i meant to change was uh that's 103 point 103.82 on the 23rd and 103.82 yeah double top pd and it's pulling back but it's still i mean it's still green nine period moving average right so that's why and if you're looking at the dollar it almost went to a 60 uh no a 50 percent retracement on that move up from the the 100 area so at this particular point the day is now so the question is i've got a couple of emails coming right now and texts and questions and we just change this if you don't mind i just want to see i'm updating here with my i think i've finally got all my emails working correctly uh let me see right here oh wait a minute ah there we are okay uh yes i'll get to that in a moment so rsp or i'll do it right now the rsp that is the there we go rsp rsp that's the sd 500 equal weight etf remember this is where we're talking about the chance of an overlapping wave it made a peak seed 164.49 i just get this to show there it is um we've got an overlapping wave potential if all of february well it's going to be tough look what happened uh yesterday we went to 158.84 i forgot to type this in 158.60 we missed it by a fraction so 158.60 158.60 this is the equal weight now it's only important kind i i look at this more as informational um meaning that the equal weight is there's a difference but you know index are indexes i just treat them for what they are chart patterns and this one says a move above 164.49 starts with egg d even if it continues in this great egg c all of february i think that february is going to be the month it tells us whether or not the small caps are going to do something so let's just go back the reason i was looking at this was a question came in so let's look at this in terms of the gdx the gdx something completely different market vectors gold minus etf is up nicely it's at 156 percent 44 cents at 2859 but it's not a chart that looks like gold now i prefer if the gold minus because that's telling us it's actionable it tells us that the gold product itself is in demand as a utensil as a as an economic barometer of how gold is not as a geopolitical situation but how it's functioning in the actual in the active world in the functional world so i'm just saying to you that yeah the gdx let's put it this way at this particular point what i've been saying is i think the dollar is now going to start to struggle a little bit i think that if you look at the e u r the usd and i always like to put this into the pie is testing and testing and testing this is the euro the 200 period exponential moving average concave of the ground like a magnet the usd jpy this is the japanese yen a dollar currency pair as it's just like the dollar made a little double top at pd is pulling back but the line is still very strong so i think it's a little early to say okay and this is go to uh let's go to numont mining numont mining that's a nice little move up to up two percent but it's up 75 cents and 3526 after a really ugly h pattern but it has successfully so far tested the the low let's go to gld gald that's gold that is um barric that used to be abx also the same thing it also looks like the gdx so the question is do i buy actually a few people say do we find they get into gold and i've had subscribers out of the gdx to find some time and i'm going to say this is where i would live at the gdx i don't know if i go aggressively yet i would just live and i'd give it a fairly wide stop to gdx trading at 2865 just for now i'd give it just for the moment about a dollar point and 10 cents currencies commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe 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go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv so i just wanted to show you this look silver is out 17 cents at 23.40 this is not this is okay it's not a great chart yep it's turning around in the 90 removing average will probably cross positive the magnies goods the castings range to 65 percent but it's a 200 removing average at 23.81 that's really the target if it solves a trade above that that's really important but this is a good sign because it means for green candles one two three red candle four five six seven so out of seven sessions there's just been one red candle and it's a peak a and then a leg b today's a leg b so that says this action action here it isn't very strong right now but it just says making lower lows and lower highs it's just starting at an attempt at a turnaround weekly doesn't look great but it's better than it was so i'm just saying to gdx yeah at this particular point i prefer to have got it just a little bit lower to give me wiggle room but at this point i'd make it just a small position at 28 64 very small positions like a like a testing position right because what happens very often is when the market pulls back sharply if it's gained to hasn't it does up 38 sbs down 38 huh interesting um uh this is that rotational selectivity that we talk about so in within that context very often gold actually does pull back so it has a quite a bit to do with yields and the yields right now saying that um yields are attempting to to slide a little bit so follow that closely so i wanted to show you something interesting look he has microsoft this is a chapter so far it's a chapter of roman candle the long wick big red body but the days we're an hour into the session i can't really talk about as if it's done but i'm just saying i'm watching this very closely i'm anticipating that n leg d goes to peak d that microsoft is going to pull back it is a dow stock so that that is having a little bit of debilitation in terms of where the dow would be with bowing up like this up now it's up 660 but that's just one stock all right meantime back to the ranch i wanted to look at have i ever ready for mdy which is the real midcaps mdy went to an alternate count ho ho ho that's g slash c how many g slash c's eventually go to a d it's just unbelievable when i see to you about a year and a half ago and then a year ago and six months ago i said consider that g slash c put it in because it tells you that there could be a little cup formation and then it'll go to a d and that's where you got to be careful and then lo and behold uh midcaps s and p midcap fund went to that d with a tiny doji candle pulled back quite sharply through the under 490 so it goes from the 5 uh 13 or so area sharply down goes to peak a and now it's stalling at this peak a but it's not pulling back sharp it's just stalling and we're going to be watching it's a peak c in the weekly chart so the mdy hasn't done the same as uh the i wb and thank you jeff and the youtube tiger youtube yeah that the rustle 1000 is the best 1000 of the 3000 so that's the i w well just that's r r u a dollar r u a dot x that i that's how i get the uh uh that's equivalent to the i to the rustle 3000 so this is the midcaps and you can see you've gone to a peak c all of january i don't think today it's going to go to a continuation of legacy that'll become a peak c that says you can get the sharp move at some point to the 533 level and you're at 506 all right but in the time it's holding well it isn't leading right now what i want to do i did that did that did that then there was a question that came in where was it where was that other question oh right here let me just go back so in the tiger dam we've got let me go go back so i can get them in order uh that wasn't for me okay here we go question came in that said could i look at surfs up i m v is the three i so could you get i i m v i don't get it that way at this point i'll try to figure out what it is i w v you get i wonder if it's i m v i m v nothing okay next question was well i've just i dealt with it i i gave you buzzard did you say you remember 1987 markers 37 years ago uh what were you 14 um not exactly um i'm i'm sorry to catch up to larry i mean you know that's the way it is but as long as i can still play tennis age is just not an issue could i look at amazon am z n uh am z n making a peak e today i made a top yesterday this is amazon comes out with earnings thursday who could it be an interesting week i said this is an interesting week and i'm going to give you my scenario right now before i forget oh the other scenario is i was a number of people have asked me about my coda what what does it really mean or some people have said i've listened to you for years and years and years and you whenever you talk about coda i listen intently and i'm not i'm only going to tell you the ingredients they haven't come together yet one is the world's tallest world's tallest building but now i've i've said i think the next move will be the united states tallest building and lo and behold said an article was sent to me the other day saying oklahoma city is going to build the united states tallest building so that's one sign number two is stock splits we have hardly had stock splits for years we used to have there are if anybody remembers the year 2000 with those stock splits um the stock splits were unbelievable it could be between 9 15 in the morning and 9 30 before the market opened if a stock was mentioned as a stock split it could gain 30 i even saw one this is almost a 50 percent gain just from and what does the stock split it means that you've got a pie and you're going to divide it wait a minute you still got the same pie you have an increase in fact you've taken away a little bit because you had to the knife takes away a fraction when it cuts it but no everybody thinks that's the most amazing thing what it does of course is it allows stocks that are up in very big high digits can go down to small numbers so that the layperson can get in and be trapped so anyway amazon we're looking at right now made a high of it had that two session exact high of 158.51 then it broke above and then it went on the 28th uh no round numbers then yesterday it had an all-time uh sorry a recovery high all-time high as 188 this was at 161.73 and it closed at 159.00 i mean this is i can't make these things up this is for real this is a round number the day made is most recent yearly high round number and yet it is under it at 156.31 this is just saying that if amazon after earnings can spike and close about 159 that is positive for a couple of days just a couple of bars because that 159 is still going to be very significant but if it pulls back the sharper it pulls back from 159 the greater the chances are that you've got a more sustained at least near-term move to the downside and it's an a leg D in the weekly chart so that's amazon uh wait a minute oh i didn't do this oh how dumb is that txn texas instrument i've got a type of on the chart otherwise ah two days ago i wrote down in my notes right there at 152 oh so what was it what what what old report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market the us futures market and the shanghai gold exchange the gold report tom obrien publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xau hui gdx the dollar bonds the south african rand as well as 25 different mining equities with specific buy sell recommendations the gold report new subscribers get a 30 day money back guarantee so you have nothing to risk subscribe to tom obrien's gold report newsletter now at tfnn.com insights to be your daily guide to profitable trades tom publishes his daily market insights newsletter every market day before the market open along with updates when warranted stay ahead of the game with tom's real-time analysis and trade recommendations delivered straight to your inbox whether you're a season trader or just starting out market insights provides the edge you need to navigate the markets with confidence ready to join the ranks of successful traders head over to tfnn.com and subscribe to market insights today don't miss out on this opportunity to supercharge your trading results market insights comes with a 30 day money back guarantee for all new subscribers so you have nothing to risk don't miss out on this opportunity to revolutionize your trading game head over to tfnn.com right now to join the thousands of traders who have already experienced the power of tom obrien's award-winning newsletter market insights firsthand tfnn educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade lab u or lab d directions daily s and p biotech three times bull and bear etfs visit direction investments dot com slash biotech today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at 866-476-7523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principle the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four side fund services LLC this program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz those also i will just show my one five and ten minute e-mini charts um yeah so uh this is look at that 200 feet moving area to peak d right there uh in the 49 25 area but actually it started off earlier than that we got that peak g spike that sudden spike after the economic news at 8 30 went to a g and that was it that was the high at 49 38 00 round number and then it starts pulling back and now look at this uh the 200 feet moving area resistance resistance repellent line now it's pulled back and you've got the one minute chart still pink negative look at the five minute chart you made it a very nice rogue wave peak after right there at the high and we pull back and it turned pink and it stayed pink all the way through and even the 10 minute chart has been negative so as i'm looking at this right now i haven't done this yet but i'm going to do it right now one of the things i said to subscribers is that we are looking at the chance that we've got a high that's made as january's finishing and then we've got a couple of days we've got thursday and friday of the new month within the week it's unusual actually for months and months we've had both the end of the month going into the friday and a lot of the time the end of the month has gone on into friday as well but most importantly what we're looking at here is the chart you're seeing right now is asa asa golden precious metals i like to use this as a bit of a bell weather it's not doing much it's stuck at the 200 period moving average at 14.19 up down nine cents let me go back to what i'm talking about and i want you to show you this within the context of this rotation you're looking at the smh's 195 90 was the high and that was january the 25th i think yeah january the 25th 195.90 and that is the van eck vectors van eck semiconductor etf and we're at 184 right now a little dreaded h right there failure pattern um leg d and this week says there's a real good chance that little doji candle to make these and make a peak this is the semiconductors so within that context look nvidia pulling back sharply as i mentioned after that run number at the all-time high he has advanced micro devices amd pulling back that's going to be a peak f the way i'm looking at it right now at 164.12 it hit 184 and i say it was 184.92 and um so so far in just a couple of days now this is a pretty big pullback but look at that sharp move up it had uh so that it's just a like a mirror image of what went up is coming down now let's go to um i want to go to am at applied of materials made a peak d uh in 178 level uh 178.40 um i'm not seeing any round numbers anyway i don't want to go through them intel was was really the clue that this was not working out very well look at that move 51.28 back in as we were going to the end of december with a doji candle at a peak d which happened wave and then it comes plummeting down uh gaps down now it's at 42 i'd say a 10 point move in a 50 dollar stock that's that's that's pretty quick and pretty serious um question came in here could i look at xlu this is the utility sector now so i i don't know if i finished that dan in york you asked me about the t and x that's the 10 year yields 10 year yield yeah um so this is a leg a up in the xlu at 62.31 up 73 cents it made it an unusual peak g and then kind of gap down that was it that moved in december the 14th to the 60 66.70 level isn't that interesting wow big spike and then and now it's after just a week and a half ago hitting the uh the 30 what was this is that so 59 level is trading at 62 so yes this is a balance within the utility sector now one of the things about the utilities is that very often they're in a world of their own they are just doing their thing and the general market is doing whatever it is but i always look at them to say where is money flowing and i like to do it in in terms of the i y r which is the wreaths the u s wreaths uh that's the i says dowry's u s r e wreaths index trust all those words um and look at this it went to a d e the daily chart e f and then a g and then it's stored right there so it's stalling this is the wreaths now one of the reasons why i like to look at wreaths is because often on my little screamer list especially with the low christ ones i get a sense that money is flowing into the real estate area but it's through a kind of a dividend thing in other words see the through dividends or through rentals or you know some income that's kind of being derived from um from those wreaths so you have to do your homework on all the different wreaths but most importantly i look at the general con the market consensus of this particular symbol and in this particular equity this this symbol here i y r is making lower lows and lower highs but it's starting to store in the kind of a rectangle fashion stalling is not a bad thing if it's on the way up because it says maybe it's just building strength for the next move it could be a propeller shaft move to the upside unfortunately that's the same thing on the downside so i'm watching that the wreaths very closely because i have it as a p b in the weekly chart isn't there's nothing else that i can call it it is in a buy mode in in the uh in the weekly it's kind of stalling so to put it together since we're talking delivered dividends because xlu is dividend that is in fact the utility spider fund it's not they not just similar chart patterns right so i'm just going to say that if you are looking at dividends you want dividend you remember we spoke about this the other day with verizon i said you want capital gain and you want dividends you don't want uh capital loss and wonderful dividends that's going to just wipe you out so in this particular instance i would say that xlu because i see just at the moment i see some upside and i see it more short term i don't really see it as an intermediate term i would just say i'd put xlu in the position of a trade which makes you wonder why would you get the xlu if you're not going to be picking up waiting the three months or so from where it is to get the dividends that'll probably change for you watch you'll probably be you might you might have missed the you might have to wait a while so in this particular instance i would if you are in it i just hold it if you can lower down it's not bad it's a good instrument but at the same time it's 63 73 is a 200 period moving average that's a dollar so that's a nice percentage move one i don't know what almost a two percent move so yeah so if that's that's what you're looking at i'd say i i would also put a stop in although in the dividend stock you really want to you want to give it room so all i can say is if you're looking to buy it i would buy it here with a one point stop that's the one point stop yeah that's on a percentage basis that's the risk that i would take one why because i can see a potential for one off the two points in the outside it's kind of not the not the risk that i would take but i'm just saying if you're interested just the only position here 62 in fact i've even typed in the stock 62 29 i'd have a 61 70 stop that is just right i'll be back tfnn has 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financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv live every market day from 8 30 a.m. to 4 p.m. eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts to help you make the right moves with your money watch online at tfnn.com or on tfnn's youtube channel and become the investor you were born to be tfnn educating investors don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv so the ivocg which i was asked about is the vanguard s and p myth cat it's fun to eat here and it's already in leg d underneath the previous all-time high these are the ones that i'm always a little nervous about because if it fails under that previous high without and that were previous high was i think a p can be almost like the sb maybe it's a c so there's your a there's your b there's your c i'm just i'll do a little bit of work on this i'll put an ivocg i'll do a little work on this but right now it's just saying it's holding in this area 98 it needs to get it really needs to do very quickly next week buy next week buy a week from friday it needs to be trading in the 100s at least two three times maybe two times at least and that'll be very positive so where am i uh we as i say we've started our shorting here because we think that the market is a digestive phase uh most importantly i am looking at a rotational how it rotates i didn't do this in the show i want you to do it and i forgot excel there for still holding really well as because the uh yields have come down so it's a rotational correct