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Always remember, folks, whatever you think about, you bring about whatever you focus on, grows up up and seven. Great day, safe day. It's making a great night, folks. Be impeccable with your word. Release the need to be right. When you believe something, you assume you're right. You may even destroy relationships in order to defend your position. Let go of the need to defend your position. Let's take a look at it out here. We have the Dow Industrial's down 326. Nasdaq's off 298. S&P's down 62. Gold, gold contract down $6.70, traded at 1972 an ounce. We have silver down 49 cents, $23.83 an ounce. Light, sweet, crude, down a buck, 48. $79.89 a barrel, notes and bonds. Ten-year note, down 1.6, trading 1.1026, the 30-year off 20 at 1.2211 and King Dollar. King Dollar's up 284.6, trading 102.587, Euro at 109, yen at 143, British Pound at 127 to one US dollar. Our phone number's 877-927-6648. Give us a call, folks. I know what's going on in your world. In the world of the S&P's, let's take a look at it. Well, first, we're going to, I was going to the futures. Take a look, it's been a one-way trip on the way down. You've had one bounce out here. So you take a look at this. You can see you've opened, you've got a bottom line, a real small bounce, but I don't see this, you can tell when you, if you're going to bounce into the close, what you have is this. Normally, you'll get a couple up bars with volume, we don't have it. So I expect what you're going to see, you're going to close at the lows today. Bottom line is it's been a one-way route all the way down. If we go take a look at the spy, what you're going to see with the spy is that you rolled, well, the spy, the cues, they both gapped. And when they gapped, what they did, if you take a look at this, okay, you gapped and you're going to have an expansion of volume simultaneously. Now, the spy, the first place that, you know, basically has any type of support is right here, which is the, what's that, 443. And you're at 450 right now. That's how that baby's set up. You get plenty of small gaps in there too. You can see that gap, we gap right down. We're going to break that swing, but you're not going to break the swing of volume. It's 58 million. Now, where that support is, we almost hit it. It's 453, 453.90. We hit, hold it, one second. No, it's 453, 453. Yeah, we didn't hit it, not even close, yeah. 453, we hit 459, okay? So I suspect, let's see, it's Wednesday. Yeah, I mean, you can get down there. Window dressing is, yeah, this would be kind of it with the window dressing. We got Apple and we got Amazon tomorrow, but bottom line, it looks like you get that roll happening. We're going to take a look at the NDX100, the three cues, same type of setup, the difference in the cues, you definitely have higher volume. They're getting out of the cues so fast they can't see straight, okay? So if we take a look at there, yeah, this is the one I was talking about, that the cues did come into where it should have some support, just missed it actually, but it's above it. We hit 373.13, that's 372.85. Now that's 80 million and right now I get 57, so we're going to do about 70 million. And we'll see if that's going to be a rejection of lower price. They'll work very well, could be. That's the bottom line, particularly with Apple and Amazon coming in tomorrow after closed with their numbers. This would be really cool, folks, okay? Is that if you got a rejection of lower price, right? Amazon and Apple comes in, you get a little pop again, you get another, you know, the market's trying to get higher and if you try to get higher and you had a contraction of volume again, you man, you could fire away like in a monster way here because that would be saying that your correction just may be starting because you got to remember something. We have gone, this is four months, man, you bring this back, this is rally started at 285. You know, it's rally started in May. Yeah, May, started in May. And just, you can see this, this is straight up. Now the next thing that if you get something like this, the next thing that you'd be looking at is you'd be looking at the aspect out. Let's see, look at this. It's coming right into the channel line right from the very bottom. So it's gonna get pretty cool out here. Notes and bonds. So let's take a look at the 10 year note first. The 10 year note is right at the lower end of a trading range. That lower end is 110.05. We hit 110.15 today. The yield right now is 4.09, I believe. Where are you? Yeah, 4.06. That's a big number. Now the 30 year, this is where it's gonna get really interesting. The 30 year broke down. So this broke out of its range. I'm gonna put this up in a generic chart also. That broke out of its range, man, in a month's away. You can see it quite clearly. So let's take a look at this 30 year. Okay, so generic. I'm curious where the, oops, not that one. USA. That should get me, no, no, no. US one. There we go. Okay. So if we take a look at the 30 year, put this back, and put this on a 15 year monthly. I see, okay. That's interesting. So the 30 year, we've been down here before, 117, 117.19. Well the first place is 121.27. We hit 121.20 today. 121.27 is the number. And if we go look, let me see what this is doing. So the 30 year, 30 year right now is at 4.15. You get 4.15 for the 30 year. You get 4.06 for the 10. Look at that, two year. The two years at 4.8. Now good old King Dala. We take a look at King Dala. Yeah, let's do the gold first. We get over to the gold contract. Gold's down here today with 158,000 contracts. It didn't hold. You know, we got underneath where it wanted to test. We got underneath the strength, which was the 1976. So that's laying out that the bottom of this consolidation can get hit, which is the 1939. Stay right there folks, come right back. 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, which is why it's a great time to try out Teddy Kegstad's Tiger Forex Report. Teddy Kegstad breaks down the forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, forex, stocks, and options. 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Internationally at 727-873-7618. Welcome back folks, I doubt. Dow investors down 355, you get the Nasdaq off 321, S&Ps are off 67, so let's get over and take a look at the GDX, so go to the GDX next. Because if this dollar's gonna go up to that level folks, okay, the bottom line is that you're gonna see gold and all these basically equities get down to the bottom of consolidation. So we had here, you're breaking a swing, you're not breaking it with volume, not being said though, you're not holding price. So like the GDX, you got game down here at 28-26, that's what it looks like, and we'll see whether, now with that, what you do have coming over way over, on the way up on the last time in March, you can see you got, you have some support here from that level, but the way the dollar's going folks, the dollar wants to go to higher price, man. If the dollar goes to higher price, we're gonna be down at these levels again. If we go to the GLD and we take a look at the GLD, kind of the same setup, you know, the GLD is five million shares today, yesterday you did 6.2, you took the swing out, now the swing's out with light volume, which is good, which is that's what you want, okay? That being said, you're not holding price, and you know, this baby saying that, well, it still wants lower price, and it's all gonna have to do, let's go to the silver market for a second. So we take a look at silver, silver out here, that is 69,000 coin traction. Now silver, this is gonna get intriguing here to watch how this shakes out, because what silver and gold definitely move together. That being said, you can see it quite clearly that silver had a huge sign of strength. It hasn't blown by its big signs of strength yet. So at the bottom of 23.31, you know, that was a big sign of strength that we came off a few weeks ago, went up, took out a swing point, had volume behind the move, gave it up at this 25, 46 level, and then we go to the SLV, and we take a look at the SLV. Yeah, this is going to fill a couple of gaps right now. What does happen, this is something important to understand inside of the commodity market road, particularly, you know, we talk about gaps, gaps up and gaps down. What always happens inside the gold and silver market, there'll always be gaps. The reason being, folks, is that silver and gold trade all night long, okay? So gaps aren't the same inside of that market. That's my point more than anything. That's what it comes down to. We go take a look at, let's go inside the Dow industrials and take a look at the strength versus the weakness inside the Dow. Point-wise out here, this is what we have happening. You have Walgreens, let's see, what Walgreens boots? Walgreens boots, that's putting six positive points, IBM five, Johnson and Johnson five, taking away from it, Microsoft minus 58, Boeing minus 41, Goldman minus 38, and then we go into the NDX 100, the strength versus the weakness there. Walgreens boots, up 3%, Vertex up two and a half, Chatter up two, Dexcom up one, taking away from it, Z scale down seven and a half, electronic stats off seven, you got Palo Alto off seven and Pinduoduo off seven, there's a big numbers man, holy cow, it's like, they've been up tremendously too but six and a half percent in one day is pretty intense, there's no doubt about that. Let's go to the IWM and see what's happened with the IWM out here, we take a look at the IWM, so that's coming off the highs, that volume's not bad in the IWM, see that, 21 million? That's not bad at all, because the 21 million, it coming into 40 million, yeah, so this thing's not over yet, man, that's, this IWM was kind of saying that, it's kind of intriguing here actually watching it. If you go overseas, I've talked about this many times, if you're trading the intraday or daily, you always want to understand what's going on overseas, because overseas was telling us this morning, man, that this market was going to be rough. All the markets were down, they were down pretty good, they stayed down and our markets are chasing them because what you had out there yesterday, so if you take a look at the DAX yesterday, the our markets didn't chase the DAX down yesterday, it was down but it didn't chase it down as much as it should have. You can see it closed as lows, you know, today, bottom line gets down there again, now I'll get the volume about eight o'clock tonight on the DAX and that volume's gonna tell me quite a bit, you know, because if we broke a swing, if we broke that swing with volume, that's saying it's gonna go down in the lower range, so you can get a nice edge when you're looking and starting to trade our markets if you're really understanding what's going on overseas, that's particularly, you know, yeah, let me bring this up again, particularly in Europe, particularly the DAX in general, I watch the DAX all the time, I want to know where the DAX is, where it's going, because then you can watch it, what also happens is that on the DAX is this, if the DAX starts moving, let's pitch you have a down market, and, you know, the DAX is ahead of us hour-wise, but in the middle of their session, if you see that DAX starting to move higher, well, pay attention to it, and then pay attention to the dollar, because you combine those with what ends up happening is that you're gonna get a good feeling whether you are gonna get a bounce in a down market, and just the opposite in an up market, because it's really consistent, there's just no doubt about it. Let's go take a look at some of the higher volume equities out here today. You have, well, let's see that, I'm over, I love it, I love that, I'm over in Germany right now, nope, we gotta go back to the United States, let me pull this back, SPX, there we go. Okay, so you get, you get Tesla's down seven bucks, you get the NVIDIA's off 23, you have PayPal off a couple bucks, Meta's off $9, you get Devron Energy off four, nothing, you know, those are decent numbers, but the reality is that you're dealing with a very high number to start with. Let's go over to Amazon and see what Amazon, now Amazon's after the close tomorrow, Amazon's trading down $340, Amazon's gotta be looking to take in $131 million in the top line, 35 cents to the bottom line, if we take a look at this, let's see how this is set up, yeah, this is, okay, put this on a weekly, I'm gonna put it on a monthly, I'm gonna put it on a monthly actually, okay, so on a monthly, yeah, on a monthly it's still not bad, on a monthly, man, look at this, you know, from its low, I mean, Amazon was at 81, that's 128 right now, but you can see it just crawled up and it actually has volume at that high of 115, I mean, 135, so Amazon looks like it wants to go higher, and then let's go to Apple, Apple is gonna be also coming out after the close, after the close tomorrow night, there's gonna be some real action here, let's do this on a monthly and see how it looks too. Apple looks wonderful to me in a monster way, yeah, this is there, you can see the different channels together, Apple's Apple's been up on air for a long period of time, man, stay right there, folks, we're coming right back, we have the Dow, Dow Industries right now, trading down 377, Nasdaq off 326, S&Ps are off 70, we're coming right back. A 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 O'Brien 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. 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To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Welcome back folks, a doubt. Down industry is down 392, Nasdaq's off 335, S&P's off 72. Let's go over to the spy for a second because we have an ABC down setting up here and it's gonna be all about did we get, yeah, we got the volume. Okay, so you're in, now watch, this is how, because there's a gap down, right folks? The bottom line, you take the top, the bottom of the gap, you don't take the top and this is an ABC down. Right now we're at $449, $447.80, $89. This thing can go right down there right now. Yeah, that's, we're down seven bucks but that means we'll be down about $10 on the spy. It just broke it, it broke it with volume. You can see it right here. That's where you just broke it. You needed volume more than 1.6 million. You just did 1.79 million. The cues are a little bit different. Let me get the cues up because the cues haven't hit it yet. Yeah, the cues haven't hit it yet down there. You can see the expansion of volume. The cues probably just want to get onto the bottom of it because that's, yeah, it's a high volume low. Yeah, that's where that wants to go. You can see this one right down here. The low is different. It was a high volume low. And then if we go into the futures, you're going to see the same thing. I can do the number on the futures here. Let me look at this for a second. The futures could be a monster one, man. Let me look at this for a second. So we took it out contract-wise, yet 38,000 taking out 37,000. Yeah, I mean, let me do this because if we don't get this now, we're going to get this tomorrow morning, which is so cool. So let's see what we have. This one's going to get interesting, man. We get the roll happening here. Let's see what we have. 45, 83, 50. The B's 45, 34, 25. That's a 49E to B. Minus 45, 49, flat. 4, 4, 9, 9. Yeah, 4, 4, 9, 9. That's another 30 points down. So the way you play this, right? I trade this. Never mind playing this, OK? I don't like that word, playing. Because it's definitely not playing. We're trading. So it broke it. It broke it with volume. And you're at 45, 29. So you've got to remember tomorrow, 44, 99. Because that's the ABC structure down. And that's about as cool as you get. The ABCs, folks, when you can get the straight line move, the straighter it is, then you get the consolidation, then the A to B is straight. B to C is all over the place, which you can see. Then C to D, straight line move. That's how they set up. And again, you coordinate it with that good old US dollar. That's how this thing would shake out. Let's go take a look at a couple of the big dogs out here. So Tesla's only down $7, which is nothing. So Tesla's coming into its lowest swing. Tesla, that's a big contraction of volume. See that contraction of volume today? So that's not a lot of selling in Tesla. Just not a lot of selling. Let's see what they did out here with Caterpillar. Caterpillar broke topside yesterday, went higher today. That'll have to pull back a bit. But the bottom line, that thing is strong like a bull. We go take a look at the SMHs. Now, look at that. That's down on big volume. The SMHs, so the SMHs, oh, look at this. Yeah, this is going to get, this is going to be some serious business. The SMHs made a high with $3.9 million and coming down at $8 million, $8.3 million. You're in the lower range now. So the SMHs were at $154, $146 a game. But was it really a game? It was down at these lower levels. And if you do use moving averages, this always gets dangerous at moving averages. You can see how far, let me put this up this way, because the moving averages, folks, because we went up so dramatically, the moving averages on just about all the indices are much, much lower. Let me put that up for you so you can see that. You can see the purple line there is the 50. Well, just to go to the 50, it gets you down to 50's 438. And I suspect the first support is 443. Now, when you gap like this, you know, Basil talks a lot about the nine. And if you take a look at the nine, it jumped the nine today. And the nine's a beautiful thing to use. There's no doubt about that. But see how it jumped it? Bottom line, it rides the nine. It loves riding the nine. And it gapped down over it. Then you really got to pay attention to it when it jumps the nine. It was like, OK, the last couple of times it jumped, it was only down there two days. So since March, you got, let's see, you're down two days there, two days there, four, five, you got another five, there's 10, didn't close underneath it. You've only had 10 days that it was under the nine since all the way going back to March. Check that out, right? That's about as wild as you can get. It really is. The cues, I believe, are going to be set up the same way. The difference in the cues is that the 50 might be even further away. So if we take that, no, it's not that bad. The cues, that's set up at, what, 364? We're at 374. But then if you did, you're going to see the same deal that you did the same deal. You jumped it. You gapped down, you jumped it. When you gap over either fib numbers, trend lines, channel lines, it makes it a whole different ball game, folks. And in particular, we're going to have out here today, we're going to have wide price spread. So let's go to the TLT, because the rates, this is going to get pretty wild, man. The TLT, oh, interesting. So TLT rejected 96.40 today. Let me bring this way back. Put this on a monthly. OK, no. Yeah, TLT is going to, I mean, I didn't realize that 10 months ago, we were down there. The low on the TLT is 91.85, and right now, you're at 97. Yeah. Stay right there, folks. Come right back. My phone now is 877-927-6648. We have the Dow Industrial's Dow. It's trading up $380, down $380. NASDAQ is off about $321. S&P's are off $69. We'll come right back. 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. 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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 Tigresses for just $1 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. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Welcome back, folks to DOW. DOW's down 377 NASDAQ off 320 S&Ps off 68. Let's go over to that crude market to see what's happening inside crude. So if we take a look at the crude market, that's quite a bar. So it's gonna be a failure at the top of its range. You get good volume though, yeah. Okay, so we got to 82.43. This could be volume off the top. Let me bring this back, see how one like this. I'm putting this on a monthly right now. See how this setup is laying. Oh, I see, interesting. Yeah, it's gonna be a failure at the 82.83. That's how that's laying out, man. Yeah, that's, look at that. It's so intriguing when you put it on a monthly. Let's go to the XLE and see what we have happening in the XLE. You're pulling back slightly, nothing heavy. But you see, it couldn't make the high. The high 87.73, 80, oh, you gotta be kidding me. This is wild, look, watch this, folks. This is crazy. So your first high, and there's a gap down, okay. So your first high, like say five months ago, was 87.69. It gave it up, you go down to 78. Your next high, 87.73, gave it up, you go down to 77. High just now, 87.73, it's not good. Because this, what does happen is that oil loves to trade in large consolidation, so that's how it loves to trade. ExxonMobil, that hasn't been able to break out, yet that's pulling back with light volume. So that's still gonna try to break out. You had big volume on Monday, pushing with volume, you're backing down with light volume, so that's still the chance of breaking that 109 level. Chevron, CVG, CVX. That's down 272. Now that broke out. It had volume, yeah, you know, Chevron and Exxon, they still want higher price. It's gonna be a little back and forth here. That's what that seems to be going on. We go take a look at the, what do I just have? Let's go into the drillers. We take a look at TransOcean. That's up at 834 right now. Yeah, put this on in monthly. Yeah, this is pretty dangerous, actually. You gotta keep an eye on this one. If this one gets back under 769, then you're gonna have a failure. You can see the contraction. The contraction's pretty heavy. Last month, we did 221 versus 456 million on a monthly basis. That's a whole different ball game, man. You should have got a lot more than that, particularly if this thing does look like it's basing out though. I mean, there's no doubt about that. And that's what does happen in that business, meaning the aspect of what these rigs are worth. One month they're worth nothing the next year. Another month they're worth quite a bit of money. That's just how they're set up. We gotta take a look at the, let's go take a look at Platinum. See what's happening with Platinum out there. So the PPL will actually hold it. I wanna take a look at the future first. So we take a look at the July contract. How does that give me anything? What the July contract, PL? There we go. Okay, so I got the October contract. That's down 11 bucks. 1,400 contracts traded. You're at 928. Yeah, this one's the same thing. I mean, we'll see whether this goes through lows. The last lows out here were 894. And if we go take a look, what we haven't had, let me just take a look at this first. We take a look at the ticks. This morning, what happens folks is that you don't use the opening tick. You're gonna see a huge downtick out here today. Minus 18, 19, but that was the opening tick. Intra day out here. Oh, hold it, one second. That's a good one. Hold it. Was that, oh, that's a daily one second. There we go. Well, we just did have a big one right there. What is that? Yeah, that's minus 12. So minus 12, 11. It's not bad. That was 30 minutes ago. And then the trend is laying out here at 0.91. It got as low as 0.66. There's still a lot of, you know, you don't have the, as Tim Moore would say, you don't have the fear going yet. You know, you just don't. And you gotta remember that we're still in numbers out here. Now, what we are gonna see happen, you know, this is gonna get really interesting inside the bank structure. The banks, they're not even, the banks aren't getting hit bad out here today as the context of what's gonna happen. You know, Bank of America is only down 44 cents. So the large banks folks are gonna have to come up with an additional 19% capital. And I'm not quite sure when this is gonna happen, but the capital rules, let's see, when they're gonna go into effect. But 19% is quite a bit. The Federal Reserve, Federal Insurance, Office of Control, released plans that would require big US banks to set aside more capital with the eight largest financial firms facing an increase of about 19%. That measures the tide to an international overhaul called Basel III that began in the wake of 2009, 2008, rather. So I wonder when they're gonna come up with them because that's 19% of anything is a big number, folks. There's no doubt about that, you know. If we take a look at the overall volume out here, the NYSE, we're gonna have some volume out here today. That's gonna, NYSE is gonna be over a billion. NASDAQ is the number. NASDAQ's gonna be like 5.5 billion. That's a big number. We're coming down on volume on the NASDAQ. That says that we should continue coming down. Stay right there, folks. Come right back. We have the Dow. 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So, and it doesn't mean it has to go higher, but the bottom line is that now the trend is definitely on the upside. Now, let's look at the nine, because the nine's gonna set up really nice. The nine, I'm sure, yeah, see it popped, you see this, yeah, the nine's a trip, man. So, the nine, basically last couple days, it was over. Let's see that, just went under, over. Now it's basically getting higher. So, if we take a look at these numbers out here, inside the spy first would you have, you get 73 million, yep, you get the expansion happening, man. You know, 73 million, you're coming into basically 80, you know. So, we're gonna do 80, was that 73 million is still got, you know, five minutes left to four o'clock, but they can pile in to a quarter past four pretty easily. And the queues, as I said earlier, they got some monster volume, man. The queues, you're already at 64. You're breaking a swing that had, well, let's see, you're going into 80, they'll end up doing 70, but that's how this thing's set up. So, we get some volatility back. It's a beautiful thing, man. Always remember, folks, the bear can claw your heart out, the bull can run you over, and thank God, there's always another trade. Health happens in prosperity, have a great night, folks, have a safe night. Come back and visit Tommy tomorrow morning, kicks us off, 9 a.m., great show, folks. Real, look at him, folks.