 Welcome back, folks, Dow. Dow, right now, down 30, that's X off, one S&P's are off five. Let's go over to our man, Mr. Basil Chapman, as we do each and every Tuesday at 20 past the first hour. Now, don't forget, folks, Basil has an outstanding show here. Every trading day, 12 to 1 Eastern Standard Time, also has a great news at the opening call. Now, coming up a week from tomorrow, Basil... What is tomorrow? Oh, tomorrow, my God. That's the 12th. Thank you. That is sick. That is sick. Time I'll tell you. We all know time goes quick. Coming up tomorrow, folks, I'm man, Mr. Basil Chapman. I'm going to be doing a great webinar for all his subscribers. That's going to go from five to 6.30, hour and a half. And the title is the tie that you're going to love it. The way you come into this workshop, you're going to hit the open and call under featured content. You hit subscribe. You can get the open and call for one month for $128, six months for $5.95, which is a savings of $173, a year for $995, which is a savings of $5.41. Now, they all come with a 38-money-back guarantee, folks. So, it's a great way to come into the workshop, get a good month of Basil's newsletter. If you like it, great. You keep it. You don't like it. You get the money back. You get the workshop. You get the whole ball of wax. And inside the workshop, folks, Basil had done three other workshops that you get right along with that. Basil Chapman, what's going on, brother? Besides, he's saying a week from tomorrow. Yeah. Yeah. So, this is, of course, timing here is really quite important because we've had a very strong move from the Monday week ago low. And as I said, I'm showing you, it's the tie. These are the tools to help identify trends in different timeframes. What I'll be looking at is techniques to be discussed. I really want this to be a very practical workshop. Yes, I'll be discussing the different indexes and all that, but I really want the subscribers to understand very much the way I show every single day. I show the technical tools, how we're using them, how they've been really successful, especially lately. So, it's the MACD, the Moving Average Convergence, the slow stochastic that I use a lot. Yeah. Also, the most important thing about this particular webinar is I'm going to be talking about key moving averages. These are moving averages that have really given us a sense of both the intermediate term of each time frame so that you can be looking at a daily, but the intermediate term might be like for a swing trader. For instance, we went long on Monday a week ago. This morning, I said, swing traders, we've had a fantastic move in the Dow. It's up for you. It's up over 11%. If you want, this is a good time to take some profits, but the core position for those subscribers are not swing traders. We're still holding those positions because we got in so well. So, the time frame is moving around quite a bit. So, right? Yeah. Correct. Yes. So, and what's really important here is that I want to give a sense that each time frame can have a different perspective. You can be looking at the shorter time frame. It looks very bearish. But if you put it onto the weekly, say, hey, wait a minute, this is just a mere consolidation within an up move. And then the monthly chart can have something completely different. I'm going to also be explaining the triggering a trend reversal. That's where we'll be using where we went short the Dow the day before the most recent high in April and what gave us the long position on the Monday week ago at the very bottom. And we're looking at the sustaining move. We're going to be looking at monthly charts. I'll show that in a moment. And then the inverted relationship because we were short the Dow here, the DOG, which is one to one short. And when that started to make a move to the upside, they gave it a potential leg F in the Chapman Wave methodology. That's where you really have to be very careful. That was corresponding to move down in the market. I'll be talking about sentiment risk and reward. And just to show you exactly what we're looking at here, let me go to this chart right here. This is the big picture. I'm using this left side chart here as a kind of a template for what's happened on the right. Okay. And on the right, you see these ovals, these light blue oval patterns. Well, look at the MACD and the stochastic. I like this because in the background, it's a little difficult sometimes to see. You can see all these different lines fabulously. You can see the downward move here in the MACD and the stochastic making this W formation. Hey, wait a minute. This is exactly what we're doing right now. The MACD is coming down. The stochastic is making this W formation. You've got the oval pattern. So I've been showing this for about a year now, especially my last webinar, I made a big deal about it. And then I'm going to explain where I think we are in this matching template. This is the down monthly chart. And we're using this one on the left as some kind of a template. So far it's working. The other thing that we're going to be looking at is within the monthly charts, there's something that I often talk about. And I something I developed a long time ago. It's the Chavenway projections of resistance and support. And here you can see in the monthly chart, these green numbers, 27,500 and 28,900. That's on the upside for resistance and 21,264 is the low and we made a low in December of 21,700. So these are the parameters we'll be looking at. And then even more important, we'll be looking at the different time frames. So here you can see this, we went long at that just before that peak D in on the 22nd of April 23rd, the Dow went to 26,695. Then we use these different techniques to come down. And then using our explaining what we were looking at here with the support that was coming in, I'll expand this chart and you'll see. Look at that. There was a head and shoulders pattern, the left side shoulder, the head, the big arch and then the right. And then it broke down and then went right to the gap that we had seen earlier on that goes all the way back to February. So those are the techniques that we were using. So we went long. And then as I say on a very short term basis also because there's a technique that I use where I've got two parallel lines here called the Chapman Wave inside track repellent zone. Whenever price gets into this area, it should be forced back. And until it breaks out, you know exactly where your resistance is. So that's going to be very important. So if you look at the monthly chart, you'll see that the Magdi is stochastic are not all that good. And yet look at the price, the price is very much over the nine period moving average. So I'm going to be talking about these things. What can help you in your trading? What techniques can you use that can can help? And I'll be using some kind of a template to run through our stocks that we have, which have done very nicely lately, to show where they are, where they stand, and why we want to start, we've been for the past few months, we've actually been putting in positions that I think are more intermediate term positions. And we'll be talking about what we want to add. If we add what sectors we want to add, you're talking about the dollar the moment ago. So I agree on a shorter term, the dollar is weak. But I'm still looking at the monthly chart. And so for the monthly chart, technicals are still pretty good. But I do agree the cell mode we've gotten the daily and the cell signal the weekly suggests that gold certainly should be the beneficiary here. And I'll be talking about these cup formations and the arch formations. So it's going to be detailed. But it's really for people and subscribers to really get a big benefit out of the technical conditions. And what we're looking at, of course, every day I do my technical analysis of the market, which they use for their own, maybe trading or our positions. Big time. And listen, folks, you know, you just heard Basil, I mean, it's amazing education. So you get an hour and a half. Great education. You're going to get a great newsletter for the month. And you can see that he's melted the education with the newsletter. So you're really going to understand what's going on inside the marketplace. You come over to TFNN, you go on to featured content. You're going to see I'm a Mr. Basil Chapman right there. You just hit the opening call, you hit subscribe. That's going to get you into the workshop as well as the three archives and a great newsletter for the the whole month. Basil, you have a great one, safe one. And of course, we look forward to the program tomorrow as well as the workshop. Thank you very much. Okay, man. Have a great one. Thanks so much. Stay right there, folks. Come right back. App phone number is 877-927-6648. We have that our industrial is down 34. Mazdax off three. S&Ps are down five and a half. We'll come right back.