 I'm Amis the Basel Chapman as we do each and every Tuesday at 20 past the hour and don't forget folks Basel has an outstanding show here every trading day 10 to 11 Eastern Standard Time also is a great newsletter Now Basel is going to be doing a workshop tomorrow folks from 4 to 5 30 for all his newsletter subscribers It's very easy to be a newsletter subscriber So you can get in this workshop really learn about them a lot about the market learn a lot about the Chapman wave the way you do this you just come over to our website at TFNN You're going to see the opening call right into featured content. You're just going to hit subscribe You can get into the opening call and the newsletter and the workshop for a hundred and forty nine dollars for one month 695 for six months where you save a hundred and ninety nine dollars or twenty two percent I you can get it for a year for eleven ninety five and save $593 for the full year now what happens folks is this is that it comes with a 30-day money back guarantee So you can go check it out. You can get the newsletter get a great newsletter get in the workshop tomorrow If it works for you 30 days from now guess what you know bottom line if it doesn't work for you You can just say I want to refund you get a full refund no questions asked Basel has a lot of other workshops right on the web page. This is dynamite and of course, you know He does an amazing workshop. That's going to be tomorrow for the 5 30 as a Chapman. What's going on? Tom, how are you? I'm doing good, man. And thank you for doing my show. Yes, they appreciate it Pleasure as always This is going to be I think timing wise This is good because we're at the cusp is really important one the reasons why I want to do this workshop is for some time now we've been raising cash because I Have not liked the shorter term aspect to the market the monthly charts I'll talk about that in a moment But what I wanted to do is to say what needs to go right technically we you know, we Geopolitically and all that that's beyond us, but what what good what can the market do? What does it have to overlook? So these are all the technical aspects that I'd be looking for for higher prices. So Basically, you know even from we've been discussing for you know for ages. I look for a lowest low bar I count e successively peak I alphabetize them a through G But it's at the fourth highest peak peak D that other things can happen. We'll just have a look here You got the Dow makes a peak D all-time high at 36 9 5 2 and a source is declined from the 5th of January it has this rally just recently to about the March the 24th or so it goes to 35 37 to to a peak D If you look at the S&P, where did it turn around the fourth height? Where did I type that? Whoops typed in the wrong place. There it goes I type it in and I give you an S&P at this particular point 46 37 was the high peak D Just that was also August around about 28th and here it is at 43 90 just underneath the 200 period moving average These are all very simple techniques that I'm going to be teaching But here's one that I think is absolutely Critical and I'll just show you this right here. So this is the the Big question I have is is it possible for the stock market to make new all-time highs in 2022? This was I actually set it up I spoke to Tommy about this before there was even talk about Russia and Ukraine But what I was looking at is what would be the technical aspects and let me just show you something here This is this is always a shocker to me when I show it You see this green line right here one of the techniques that I'll be teaching So this is 2010 February at S&P was at 1100 It's hard to believe that even with that 35 percent decline. That was a two month decline February January February of into March low back in 2020. Yes It is still green not once has it turned pink pink is usually negative green is positive And that's a technique that I'll be showing so it means that even with The most recent 14 percent to decline in the S&P from the 48 18 All-time high at January of this year here. We are green and the prices at this particular point are still above The green line so that's a basil. Tell me what that green light is again So this is the nine period exponential moving. I see when it crosses when it crosses the 14 Yeah, I mean, I wouldn't believe every time I look at it. I say, how could that be? How could it have been in that massive decline 35 percent back in 2020 that is still it remained green So this is the very long-term perspective that I like to give it But yes something else. There's a there's a particular way of looking at it. This is the S&P again This goes all the way back to 1998. There was a little mini minus 22 percent Not many, but it was a minus 22 percent It looks many because of the chart until the high that was made at 2000 and my question based on the Magdi the moving average convergence divergence and the slow stochastic is Those things match very well That particular decline in 1998. Is there a chance that we do continue the consolidation a little longer? But in 2022 we start to move higher and could we move up for about another year and that's another good That's a big question that I'll be dealing with so those are very important as well as for instance today I like to do things alive because that's really to me. The big test is it's all very well looking back 2020 In high side, everybody's perfect, but it's in real time So what I was discussing is that for such for subscribers We have some stocks that are testing highs at this particular time and I said, you know what this looks to me like the When I did my show this morning at 10 10 o'clock my tiger might the tiger technicians hour I said look at this at 9 o'clock the S&P ran up to a high around about the 46 I think 59 area and then I said as we're coming on the air Look at the difference between the MACD the moving average convergence Divergence and the stochastic Here at 9 o'clock and look at 10 o'clock. It's much weaker. Well, it turns out that that was the top of the day at 44 66 75 and here we are we've just made a little lower for 43 70 We're at 43 85 and look at the 200 period how it was fantastic support for so long This is the pink line here and look out for support and then it became resistance. So these are very simple tools I want to include them. I'm not just going to give a webinar where I say this is what we are looking to buy because we've raised cash We're gonna be looking to put money to use at the same time. I'm not I'm not I could quite easy also go short There's no no problem with that, but I'm saying there are positions and especially in the commodity area That we have I mean you were just speaking in a moment to go about the dollar We've been along the dollar since 90 point oh seven back in 2018 in a very long-term move that went all the way to 102 point 99 plunging into 89 21 and here it is back at a hundred at par It's amazing and I'll talk about the rectangle formations How the narrow rectangle formations have a certain duration at a certain point if it breaks to the upside It's very good, but if it just keeps going that way, you've got to care be careful that it won't break down So here we are at new recovery highs if you look at the dollar in the very long term You can see there's a very big rectangle formation and that just says The dollar is the currency in demand right now if you look at the the DBA We've been along the commodity area for a very long time I talk about these double tops in the rectangle formation and look what happened it went to 22 point 64 This is the DBA agriculture fund. It went to test the 2264 high that was made in March And we just broke to the upside so some of these are really simple tools that I'll be teaching at the same time We're gonna be looking at for subscribers who people who join they'll be able to look at my work and say hey These are the stocks that we're looking at where do we start putting money to work? And it's gonna be really fascinating and it's very easy to get into folks go to TFN You're gonna see the opening call right on that front page hit that button You are off to the races vows of a great one safe one. We look forward to show them out. Thank you. Thank you