 The following is a presentation of TFNN Trade what you see with Larry Pezzavento Call now toll free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Okay, looking good Billy Ray feeling good Lewis. I'm going to start out the show much like we did yesterday We were talking about natural gas. I had my one fan out there said, please go through what happened to natural gas yesterday So we're certainly going to do that you can see from this chart right here We had this ABCD pattern that completed at 9.69. The high was 970 That's when we were on the air now remember if you remember back in here this three-day break here folks was $22,000 and yesterday we broke down $15,000 from the high so let's just see you know what happened because we might be able to receive the repeat Performance again today here is let's get this up here. So where we could see it I guess shut the front door and here it is right here Okay, here's what we were talking about as we went on the air at 9 10 yesterday hold on one second get this up here and I'm sure there's a way to do these things lie, but that ain't gonna happen Okay, now here's where we were right there. We were trading there at 9 962 963 as we were making that high at that point Well that turned out to be the high of the day and we'll get them I'm gonna go through a sequence just to just to build a case for what we're looking at here today folks because We're getting down to some real serious support here in the SMP that we have to talk about here In just a moment Bring us up here and take a look at it. Now here was the natural gas and you'll see we had this monster break It was over $10,000. I posted, you know if you if you shorted it there You know to cover it there at that point now just to show you how tired I was folks I'm sitting here looking at this actual high ABCD and I'm too tired to even roll my little Chair over here to the other computer and put the order in I really didn't care whether I did it or not I was frustrated because I missed the sale in the cat gold at 1863 and so and I It doesn't make any difference. Anyway, sometimes you win. Sometimes you lose. That's the basic thing But the important thing if you learn something from all of these trades, that's the main thing So let's take a look here of what we're doing here. Let's get this up here. This is that what happened This is an eight-minute chart just to show you the things that we have that we talk about they repeat over and over again If you wait for them, they're going to give you a pretty good chance. I'll look at this We had this huge break down in here and look we rallied exactly to the 3a2 and then we broke down Even more now now we're going to see what's going to happen today So all we're going to do now is we're going to see what the prediction is and the prediction is a little different this time Because the prediction says we're going to top in about Half an hour or so. So let's just move that over here to see where we are And there's what we're looking at what the prediction is going to be surround 1130. It's supposed to change direction Is it going to change direction? I don't know, but you know, nobody else does either The one thing we do know boys and girls is we know how to calculate 3a2 retracement So if you look at that chart that I just posted and you go back to look at the one that I posted previously It's going to tell you that the 3a2 retracement on this natural gas contract comes in at 864 So if it 1130, it's trading at 864 That's telling you that time and price are together and then you'll be able to look at it By the way tomorrow today's the last day to sign up for Tom O'Brien's full day stock trading Seminar I You'd trade stocks or futures. You definitely ought to pay attention to Tom because he knows that stock market like the back of his hand So anyway, let's keep that in mind as we go through some of these other charts But the main reason for that natural gas set up was they're starting off with that Half-hour three drive to a top pattern Timing was correct, you know, you can do these timing things yourself folks If you just practice a little bit and study what the market's doing It repeats itself over and over again and all you're trying to do Is to find that repetition Now I wanted to bring a couple of patterns up to show you because first one We're going to share with you is from our friend Jeff over in Philadelphia we'll get this up in here And it happens to be crude oil and I believe folks we're getting Things Things are acting a little different now in the crude oil market. I mean, it's extremely bullish by listening to the news But if you notice here, this is Jeff's chart here with the one Three five pattern and as you can see here just a little while ago It made the first a bcd objective at that point. See if he's selling here at point five You don't have to risk very much at all folks Right Okay, from now you've made your first profit objective. So you're pretty much home free now. Look at this pattern Look at this one three five pattern because if you see it in crude oil You're going to see it in other things too. So what we're going to do now is take a look at what we want to watch And this was Hold on one second folks. The little frog is back. Hold on get this back up here And here is the same pattern In The Dow Jones industrial average. There's your one three five pattern And as you know, we're already breaking down quite a bit I'll I'll go into the stock with the s&p here in just a minute But I wanted to cover one other thing before we move on to that Because I think we're going to be looking at oh the gold. I wanted to cover the gold because here's where we were Yesterday yesterday in the gold We had an order to sell the gold At 1863 the high right here Was 1862 30. So I missed it then later in the afternoon right when the markets was were closing We got back here to 1858, which was a perfect garly. There's a abcd coming in, you know, just right at the 50 percent level I didn't have to risk anything above the 61 percent retracement. And of course you completed your Your by your pattern completion down here at 844 on that one this morning. So That's what we were watching yesterday when we were watching the uh, some of these things as we were seeing them unfold Okay, now I wanted to bring to your attention the one also dear These charts are jumping around with me. This is the one that's going to mean a lot today folks So let's get it up here to take a look. I'll start with the stocks now because I think I got a handle on this And boy, that's the scariest situation of all is when you think you know what's going on And that can be very very dangerous, but you can see here the other day we made the 382 retracement We went up and we matched the 61 percent retracement and now we're coming down to test if we break this low That's going to be pretty important and I'll show you why When we get back to from the break because it's going to take me a little bit longer to walk through this sequence If you remember the sequence of events that we had From May the 5th through the 22nd I'll I'll bring that chart up and show you what that meant and comparing it to what happened in 1987. Well, we're running in the same type of A situation folks these things are bouncing off these numbers Uh, and it can't be doing it by accident because it's doing it spot on So we'll take a look at that when we come back from our break just to see Where we might be as we come in here to the really key day, which is as Tim boss pointed out yesterday June 13th, and that's when we have a venus conjunction Opposition we'll be right back eight seven seven nine two seven six six four eight The blooming inflation we are purchasing powers eroded. 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Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices Selective stocks and commodities Subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by basal chapman creator of the trading methodology known as the chapman wave The chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices Get the opening call newsletter by basal chapman in your inbox every day 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 tfnn.com educating investors Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 Finishing at number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn And he shares his vast amount of trading knowledge every day in his mastering probability newsletter Steve's award-winning newsletter Mastering probability is delivered every trading day with updates throughout the afternoon Sign up for steve's market newsletter Mastering probability and you'll receive access to seven of steve's educational webinars Absolutely free at tfnn all our newsletters come with a 30-day money back guarantee So you have absolutely nothing to worry about visit tfnn.com and try mastering probability 30 days risk-free today tfnn educating investors Toll free at 1-877-927-6648 internationally at 727-873-7618 Okay, we're back folks. I've posted the chart of the s&p here over the last few days To show you what's been happening. And as you can see by looking at this pattern It is just like the Jeff one that Jeff posted on crude oil It's uh, we have a caller online too. Yes, sir. What can I help you with? Hey, larry. I was wondering if you had an opinion on the ym Um reason being i'm looking for places that it might hide out in It's pretty good. It's a high dividend payer. Oh, what can you tell me what the ym? A victor yellow mark The ym. Okay. Just give me one second and see I have to put this into my uh My database which shouldn't take very long. And where are you calling from and what is your name? Uh, Keith cedar rapids. Iowa. Oh cedar rapids. Oh my gosh. We got a very dear friend from cedar rapids Okay, I see v ym. Yep. Okay. Here it is It's uh, it's had a pretty good rally off of the 20th. In fact, it's rallied quite a bit now. It's just related to uh, What is it? What is v ym? I don't know what? It's a very good high yield dividend fund Okay, all right. I've got it. I've got it right here. So just give me one second and I have to uh First of all, I got to send it to myself and we'll be My neighbor who I bought this house from was from cedar rapids. Iowa. So we know Quite a bit about cedar rapids. We we went through it quite a bit Okay, now I should have it in just one second and then we'll be ready to go here Uh, there we go by golly. Look at this. I did something right today. Holy moly guacamole Okay, Keith, we're going to take a look at it right here This actually looks pretty good actually because if you notice here, we had this beautiful abcd bottom here On the 20th just like everything else. We had a huge rally and there should be a lot of support here Just a little bit lower here at this 382 level So this nothing wrong with this stock. It looks like it wants to go higher Well, that's what I thought but I wanted to check my work against yours. So yeah, um very good I appreciate it very much. Well, and if it doesn't go up, it'll be your fault not mine No, but it does has a good probability of going higher here Good All right, thank you for calling in. I appreciate it and by golly boys and girls I hear the old beepers going off and we're going to be looking at and here we are with the natural gas trading at There's the number of folks 864 So I don't know if it's going to work or not But by golly, this is the same thing that happened yesterday and it's sitting right at the 382 there at 864 And that's why the thing was beeping a little bit here. Now. Let's move on to Something else here. This is what I wanted to talk to you of getting back to that s&p because There here's the real the real test of the s&p folks is going to be coming up here Probably either today or tomorrow, but my best guess is it's probably going to be monday And I'll tell you why in just a second. Okay. Here is the bottom there at the march 20th We had the huge run up as you can see and we've been going sideways For seven days folks and you're looking at the 382 retracement there at 40 60 if we can stay above 40 60 coming into Today tomorrow and preferably monday That's what I would be watching for a potential buy that would be a very very bullish sign In the stock market and you know how bearish I am that would be a very bullish sign For the stock market to not get below 40 60 in the e-mini s&p At that time and the reason why that time is important was brought to us yesterday by our friend tim boss Financial cycles weekly he was talking about the the venus urnus aspects And i'm going to go back in history just a little bit to show you where we are with that Here's where we were You'll remember back on uh, well we started this back on january the fourth This was equivalent to the high in 1987 and then we had the big Retracement here at 618 on may the fifth that was equivalent to october 2nd 17 days down took you in to the 22nd of may we bottomed on the 20th And now we've been going sideways pretty much ever since But what's important here if you notice that may 5th day that was a venus conjunction opposition Back in 1987 and we have venus conjunction opposition coming in on the 13th Of june which is going to be monday now. Why is this date so important? One of the reasons why I got into this astrology stuff Was because you know, I was scared of it because you know, I was a good old catholic boy That was the instrument of the devil. So by golly, you know what I I said, I better be really careful with this So what I decided to do Was to let the numbers speak for themselves and so dr. Miller showed me that when we had these Sequence of events are called venus urnus aspects. In other words, it's 360 degrees You start out with zero which is venus conjunction Then you go all the way around to 180 and it's venus opposition And then you take the two squares the one at 90 and the one at 120 and that gives you 360 degrees So we decided to if we were going to this was going to make any sense You know in the stock market if we could go back and look at the days when we hit those four aspects Over a period of 100 years. We had all the data that we needed. We had uh The astro computing folks neil michelson down in the San Diego put the dates there and he matched the dates You know with the dates that this actually happened and folks about 86 percent of the time It was within one day of a very significant turn in the stock market And it's it's worked for a long time This is one of the reasons, you know, I've been a friend of uh, frank tausher the super traders almanac for many years But when he saw that along with the pesevento index, which dr. Millard wanted me to name it that but Basically the pesevento index is you take a bell shaped curve and when you go out to the tails If you have three or less Aspects on any one day. It's a very high degree of turning or 12 or more The problem with this was 12 years ago These astrological types nothing like trading types, of course They said look, we're not going to put enough We don't have enough information in these almanacs. So we're going to just in the ephemises We're just going to start, you know, putting in Asteroids and other stuff that I don't know diddly squat about and that just ruined the whole thing and So I can't use the p-index anymore because the way they did it There's probably a way to figure out if folks. I'm basically an abcd guy And that's really what I'm that's really what I'm trying to do. I don't do Anything more than abcd. That's That gets me to the promised land and that's where I want to be. So let's get back to where we were And where we're coming into on june to 13th This is really important folks because if we If we hit that number and we start to rally there's going to be one heck of a rally My guess is there's only one thing that would really well, there's two things One thing that would really Really make the stock market rally is if they Stopped this stuff that's going on over in Ukraine and Russia if they stopped that That would really really give the market a boost not just because it might be bullish just because of psychological implications of it The second thing would be is something would happen with the oil market that would make the people believe that Oh, maybe this thing is finally over in oil. It's not going to get much above $5 a gallon and we're starting to see things like that already when we look at these charts In the We'll be right back folks eight seven seven nine two seven six six four eight If you want to take advantage of this sector now is the time to subscribe to my gold report The gold report is a comprehensive look at the metals sector as well as the markets that move gold Which is the currency and bond markets news subscribers get a 30 day money back guarantee So you have nothing to lose every monday morning I published a gold report with coverage of gold silver bonds the xa u h ui gdx as well as more than 30 different mining equities To seep yourself the types of profitable trades that are recommended within the gold report sign up now by visiting tfnn.com Don't miss out on the next great gold trade sign up today Tfnn has just launched their new trading room the tiger zen 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 And now they are expanding their reach with 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 in the tiger's den You can look over the shoulders of tom o brian and the other tfnn hosts while they analyze charts during their live tiger tv programs And join an interactive trading community with hundreds of members Exchanging ideas interact with other tigers and tiger's as they share trading ideas news analysis and discuss the market action All trading day even at night and on the weekends the tiger's den at discord is accessible on mobile or tablets as well So it's always at your reach to sign up today and become a part of this educational community of traders Just visit the front page of tfnn.com Tomo brian has just announced a live timing the trade webinar friday june 10th from 9 a.m. Until 2 p.m. Eastern time join tomo brian for five hours of live education as he teaches you his trading methodology Right from his best-selling book the art of timing the trade your ultimate trading mastery system In this live webinar tomo brian will be teaching you his entire trading system including quality volume abc structures Fibonacci confluence zones cause and effect swing points and more We will be limiting this class to 40 attendees So please do not delay and reserve your seat today for this special live event with tomo brian All attendees will also receive a physical copy of his book the art of timing the trade an $88 value Mail to you along with the free month of his daily newsletter market insights a $169 value For all the details and to reserve your seat today visit the front page of tfnn.com tfnn educating investors 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 Okay, folks. I'm going to review here this natural gas situation that we're looking at right here Believe me folks. I didn't put it on yesterday and I ain't putting it on today I'm just giving it to you for Prosthetic or whatever these Prostomus or whatever you want to call it Anyway, we're due to top here in the next 10 minutes here This 382 retracement on this is 865 If it gets above 870, it's wrong You know yesterday it was right today. It might be wrong But even then you're not going to miss very much Keep an eye on it just for fun as we go through this last half hour We'll check it out as we're doing because if we're making new highs in about 10 minutes After this thing is supposed to be made it most probably Is going to fail but that 382 tells you where the number is that you want to be Watching so let let's get back to talk about the The s&p and the fact that it must hold Well, I say must that's my assumption But stop and think folks. We had this monster Monster move off the bottom on march 20th. If you'll recall I said in the newsletter and just about any time anybody would listen to me I had not seen this many major abcd patterns hit in stocks and indices In a very very long time. I can't even I can't even go back far enough to remember Because we didn't even have that back in 2009. We had a beautiful three drive to a bottom pattern But we didn't have all the abcds That we had here coming from higher bottoms, which was uh It itself pretty important. So that's why These numbers are so important the other thing that I know With 100 degree of certainty Once we do go below the may lows and I think we will someday Maybe sooner or maybe later, but once we go below those lows, which is 3,800 In the uh e-mini uh s&p 500 That's going to tell us that we're going to go down, you know big time There's not any I mean there's there's pessimism in the market folks But there's not any there's not any fear in the market and you need to get fear In there to get the market to break and that's why I think we're going to get a good rally here before You know we go lower eventually now that those are my That's where remember i'm a short term trading folks when I see a 1 3 5 pattern like we saw In the s&p, uh with the last couple of days you have to take your shots at those because You know you don't get those set up so beautifully when you're up there at 81 60 excuse me 41 60 and 41 40 I mean those were lined up just about as clear as you could possibly get as far as picking a spot to to go in and You know take a short position on and to see if it's going to work or not So that's pretty much it. I want to take it a little bit more to talk about frank tarsher the super traders almanac He he came to visit me in pismo beach a couple of times and one of those times jack swagger from the super super traders like dudes for what would he call that Mega traders. I forget what that thing was. Anyway, he wanted frank to be there As one of the best traders and frank says nah, I said that I don't want to have anything to do with that He said but thank you for the opportunity But frank to me was the best personal trader that I knew personally. I didn't know aim is hostetter I only met aim is twice I met him at 72 and 74, but I never spent more than an hour at lunch With him and that was I did very little but frank I did I talked to frank all the time Frank was he was a phenomenal trader years ago We used to have these trading contests and I used to enter them and I did okay I'd be in the top five six ten maybe once in a while I get second But frank was so good that and and everybody was trading with funny money The paper money except frank he put his own money up And he would make more and I mean this sincerely folks He would make more in his own account trading alive than all of the other people in the contest Trading with with funny money. That's that's how good he really was He was he was 59 years old He was in his with his son crossing the street in Tulsa, Oklahoma And he was talking to his son And all of a sudden he stopped talking to his son his son turned over and he had had an aortic aneurysm His in other words the big vein in his in his abdomen leading for all the heart muscles come in for the blood and stuff Burst and that's instantaneous. He didn't even get to finish the sentence. That's how quickly he died He was only 59 years old one of the nicest Christian men I have ever met in my life and he was incredibly philanthropic folks He gave a gave a lot of way But he had a lot of great stuff that he worked on But he had an intuitive feel for the markets like no one had ever seen before And but he was by far one of the best that I ever met Okay, now let's just take a review here as I want to see what's happening with this Chart here with this thing. Well, the time is just about up. We're trading at 867 if we get above The number actually on the upside is 872 if we get above 872 I would consider this a failure because a 382 comes in at 865 and believe me. This is a heck of a run here folks You know, that's a $6,000 move folks in two and a half hours so that That's equivalent to 120 handles in the s&p We saw something like that would say holy moly guacamole. So let's watch ourselves I want to go back here One other thing to cover in that is this this crude oil because I I think we're coming in to a potential type top folks And let me let me show you why it's I've been preaching this for quite a while here. So we can get this up and take a look at it So bear with me here Oh dear, I've got to send it to myself and then I will send it out to you I I know that I'm just an abcd person. So just bear with me here one second. Here we go. We'll get this up here Have to take a little drink of water. Sorry Okay, all right All right, now we'll get this up into the screen here and you'll see all these abcds that I'm looking at here Oh, you see the red line where it says four hours. Okay. That's the 786 number Where it says crude oil four hours if you go over there that number We were looking at it 123. Okay, that was the chart that Keith Keith Jeff had posted yesterday on the 135 on the 15 minute. Well, that market is broken down now So it's it's held below that level at 123. We're not 121 and change if we don't get any higher than that Today or tomorrow that tells us there's a high probability that this market could be in this green in this Energy stuff could be ready to top and if you look at the natural Natural gas we've already seen but if you also look at the gasoline contract, which has been the big daddy rabbit That's been leading all the way. Well, it's not leading anymore folks We just had a great garlic failure on that last night And the same thing with the heating oil heating oil is still not in god above The 78 percent level and it's been there for four days So those are signs from a technical basis nothing Fundamental or that you can write in the twitter or anything like that But these are patterns that say hey, wait a minute. Take a look at me Maybe this is going to be something that is going to be, you know, really interesting to watch here So let's remind ourselves of that. Okay All righty now. Let's move on here and see where we are here with a couple other things We've got here and you were trading. This is the time right now So we're trading right at the 382 and 865. So And i'm not doing this one either folks. I didn't do the one yesterday I'm not doing I am not trading until I get back and I've rested because I Uh, I have stretched the old envelope a little too much. Oh, oh on a medical note time out when we get back Stay with me because I have a sleep update for you folks. Anybody that's having trouble to sleep I have to give a plug for this stuff that I had taken now for two days Two capsules. It's all a dietary supplement stuff. There's no Pharmaceuticals in here that you have to have a prescription for but uh, I don't know but boy it flat out makes me sleep. Boy, that's an amazing thing We'll be right back eight seven seven nine two seven six six four eight Are you in the market for buying or selling real estate in the bay area? Including the surrounding st. 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That's 727 329 83 22 call us today The technology around us is changing every day with so much happening that can seem impossible to keep up with all the information David white's investment newsletter the technology insider is designed to give you all the information You need to understand the technology that shapes today's markets and tomorrow's future David white has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only 37 dollars and 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30 day money back guarantee tfnn educating investors Are china a shares hot or not? If you trade china a shares now may be time to take a closer look trade chAU or chAD directions daily csi 300 china a share bull and bear etf's china a shares in either direction Visit direction investments.com 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 eight six six four seven six seven five two three 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 principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor foreside fund services llc This program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz Okay, we're back folks and i've posted the chart of the heating oil as you can see this was as of a sunday And it's been here every day this week. We've not gone above the 78 percent level That that means there's a lot of resistance there. I would think so look at all these abcd's in the crude Fact that gasoline is not leading like it used to be it's still strong but not leading And so that's what we're watching getting back to the sleep folks I have people always give me ideas what to sleep or someone told me to try this and so It's a thing called phenotrex fe no t rex. It's all natural stuff. There's nothing crazy in it about it This has valerian root valerian extract lemon balm chamomile flour Passion flower. I accidentally I ask them to double up on my dosage there And tryptophan and those are the things that are in it. I take two a day It's a total of a thousand milligrams And uh boy, I'll tell you two nights in row. I have slept through I mean i'm sleeping through for me is four or five hours and one night was five hours last night It was six hours and that that's like 10 12 hours for for any for a normal person So stuff works. I don't know yet wait till I get back from my time off And I'll tell you whether it continues to work or not, but for a dollar a day By golly, you know, it uh, it's really a very important change Just alerted me that alcohol and wine breaks up sleep patterns and I have to agree with him. I In fact, yes, I've always tried to do this Never have more than one glass of wine During the trading week folks because it takes your brain that much to get rid of the garbage that the wine and the alcohol Leave so drinking that stuff is not good and the fact that I had uh Some problems with alcoholism in with my with my father and my grandfather But that was back in the days of you know prohibition and things were a lot different back in then so Anyway, that's neither here to there. Let's get back on to some of these markets here Let's be paying close attention here. Uh-oh. We just went up and did we get there yet? Oh Yep got stopped and was right at the exact high it looks like we would have been stopped out At the exact high up there at the 72 The high wow jumped all the way up to 76. So that was the exact time Uh for it to turn but because it's above that 382 by that much I have to assume That it's probably not working this time So I hope if you did the one yesterday that made nine grand at least you when you gave the $700 back today That it didn't sting too much But I will not be doing any more of those either folks I bring them up to kill the time because nobody calls in for questions And I'm just trying to give you the best information that I can on what's available today Let me double check here to what's going on with the market because I think That we've got a chance here for this s and p to get down into this area Hold on folks. I've got to send this out one second here And it will be ready to move here. There's the exact time. Well, we're still way above the 382 So that's totally different than yesterday, which is not What we want to see so just give me one second till I update this And I'm not putting any orders in I'm not trading. I don't plan to be trading until right around the 1st of July because uh, we've got something big company folks and I You know, I don't get many chances to go to the big dance very often And this is probably going to be my last chance for something as big as this For quite a few years. So I want to be able to be on top of this We've had a heck of a run Since february since january 4th into the 20th And now what we're looking at is to see if this market can hold these levels a ie 40 60 in the s and p And that's the one that you know pay close attention to the actual rustle has been the strongest Through this time. It's the one we watch is that s and p So we want to pay very very close attention to that because We're coming into this big cycle day here on june 13th, and it does mean something folks. I mean, I know Just because it happens see the reason why the venus urinus aspect caught my attention back in 1986 And this would got me to go to florida to learn with dr. Miller's when I saw that Then she said look look at venus and venus takes 255 days to go around the urinus 365 255 365 was 0.618 of the year if you broke it broke those oppositions and conjunctions 0 degrees 180 90 120 They tell you exactly when those dates should happen now They don't hit every time but when they do hit folks and i'm talking about 80 of the time and that's so with hundreds and hundreds of samples That was a thing that would really Really, you know lit up the the tote board for me is to you know get ready for those because when they happen You know, they're really really uh spectacular now If you have any questions eight seven seven nine two seven six six four eight I want to send this chart out here. It's my good friend carry says manskey. Hold on one second This is bitcoin And I put a couple of quick notations in here if you notice a dark arrow there where it's 0.382 That's where we were, you know a couple months ago folks when we were up there trading at I believe it was 48,000 and change pretty close to that level And now we're at 30,000 and I think we're heading down to probably get Somewhere below 20 how much below 20? I don't know but the way they're working with the politicians these days Hold on sorry the way they're working with the politicians doing you know These laws and other things that they have, you know, they're always going to litigate it too much So we'll see if that's going to be the case and we've got a caller one of our good people john from philly Soy beans. What's up my friend? Hello, Larry. Thanks for taking the call and you Uh, please uh, enjoy yourself on your extremely Well-deserved sabbatical. So uh good for you Thank you, john. I'm going to it's going to be fun I'll be able to do my jury about old crop and new crop soybeans and how you'd handle something, please Perhaps you could pull up the uh, the weekly soybean charts Uh, and uh, the the most active contract on that weekly chart today is that july contract The uh, the soybeans left over from last year's harvest And there's not much of that left on the the shelves if you will and the So the price is being bid up as uh inventories At least for delivery here in july and august are very low Uh, and then of course we've got the new crop, but um, uh, the new crop, excuse me the The weekly chart With the july contract It's just making new highs Uh, compared to march And it is surpassing the highs of last summer Uh, or maybe even it was way back in 2011. I'm not sure My question is larry as we're making higher highs on this How do you handle the rally extension? Um Can you share what higher projections you'd be working with? And the second question larry is on the new crop contract and that's currently down You know 15 60 15 60 or 70 In other words, it's at a two dollar discount to the spots Do you ever Think to yourself. Hey, I'd play that new crop contract To catch up to uh the spot as we're trading here Or do you look at that contract entirely separately? I look at it turning separately john because it's you know, it's not even a product yet It's still growing in the ground. So I have to assume that it's still, you know Some position where they might be but you know, if you look at this chart that I posted over the last three months You can see the three drive to a top pattern and you can see the 135 pattern down there at around 14 50 So I'm waiting for 14 50 or so to see if we get there in november beans Good man. Thank you. Thank you john. Thanks for calling in my friend Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either tfnn airs live 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 You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future right Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market Overviews that give you direction on the key indices selective stocks and commodities Subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by basal chapman creator of the trading methodology known as the chapman wave The chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices Get the opening call newsletter by basal chapman in your inbox every day 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 tfnn.com 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 Okay folks, I posted the chart of the natural gas Now you'll notice the 382 we had yesterday after the big break and we went may do lows There was our 382 this morning here at 865 Like I said it gets above 872. It's wrong. And of course you see it's already a thousand dollars Above that already up at the 50% level the ai did not work the 382 did not work And that means you got to remember It's not about how much money you make it's how much money you don't lose folks So you put your stop in Pay your price and move on I didn't do any of the trades yesterday and I didn't do any of those today either But this is the type that I would have done that and I would have lost today Would have won big yesterday, but have lost today So I we're trying to eat like an elephant and poop like a bird and that's what you want to try to do No, it's the other way around didn't eat like an elephant and whatever it is. I can't remember Okay, uh tomorrow we don't have any guests. I'm trying to get john person on but uh, he's traveling right now So he's always a good adrian toga ray will be back with us in july Along with our regular guests And so that's pretty much it, but I'll have some things for you tomorrow I want to cover some more about the grain markets because uh, I'll be doing the videos every day folks for the 24 seven people those of you that belong to the newsletter You're going to get the newsletter every week You'll get the daily videos that I send out. It takes me about You know half an hour to do those which I do just for fun anyway But I will not be doing any personal live trading during that time but I will be pointing out trades and just uh You know, I got a really nice trade in gold today. It's you know made well over 1500 dollars So those are the kinds that we want to be watching We really need to pay close attention to these crude oil heating oil And gasoline in here folks two reasons when we got this big cycle coming in here on the 13th Which will affect everything and then also we've got these patterns that are telling us. Hey, wait a minute This is not what the news is telling us the news is saying this stuff is running to the moon and it's not We're just right at the 78 percent level. By the way, we're going to have Shane Smolian as our guest tomorrow He's been one of our steps Standouts here. So Shane will be joining us tomorrow Because his timing stuff has been impeccable. His automatic trading system is doing great So we'll have Shane on tomorrow live every day in an attitude of gratitude and may god bless