 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. Hi, folks. Tuesday, the 18th of April, and we're looking at the Dowdown, 113,000 and 33,873. Let me just check. I think I can see it here. I don't know how updated this. Apple's up a little bit. So, Goldman Sachs is down eight. That's one of the big movers to the downside. I guess it's weighted, so that makes it important, and Amgen is down sharp. But the others are doing quite nicely. Yeah. So, this is really very selective right now, but we're looking at the Dow down 126,000 and 33,861. In the Chapman wave methodology, what I'm always looking for is from an identifiable low bar, and you've got to go look to the left side to make sure that you've got the low bar correct. From the right side, as the low bar, the next bar makes a higher low. That starts your trough that you can start a wave count. So, in this case, from 31429 on the 15th of March, we've been looking at peak A, and what do I like to see? I like to see higher highs alphabetize them sequentially. A, the next higher high is leg B until it makes a peak B, then it goes to leg C to peak C, then D. It can go all the way to a G, but at D, the fourth highest peak, that's where other things can happen. So, we've achieved that. We've done it in the time sequence. We haven't quite got to the 34,331 level yet, which is the highest peak D on the 14th of Feb, and we haven't got it in price. So, this is missing, and I do not like to see peak Ds that fail under a previous major high. Why? It just says you haven't got enough strength. I love to see a leg C fire away right through that left side high. That could be above 34,331, and that says this is really a powerful buy mode. It's going to help the weekly chart. In this case, it's the daily to help the weekly chart, and the weekly will help the monthly. Well, we have stored right at the resistance. Look at the, and there was a little tiny candle yesterday. I said to subscribe, suspect a very small candle. And now we're looking at bumping up against the inside track, repellent zone in the weekly chart. So, I was asked if I would look at the weekly charts. What was the statement? Where am I? Can I find it? So, I'm going to go back down here. What was the exact question? I don't think I'll find it quick enough. Okay, but there it is. Hi, hi, Basil. Great assessment on daily charts. Can you please do a weekly review of the diamonds, the spy, the cues on your show today? Yeah, so, yeah, what we're looking at is we're bumping in the weekly chart. The Magdi has finally turned up. Remember, I said this rectangle was a little messy, but basically I had to stick with the rectangle, which is right here, saying that we've gone from a rectangle to a cup, potential cup formation. And we've, let me just do it quickly for those of you, you know, Chapman wave methodology. We pulled back sharp, we made the arch formation in this particular instance. I'll go here and I'll show you what we're looking at. So, the patterns I look at straight line, up or down, cup formation, arch formation, those are the core trends that we look at. And if there's a very sharp pullback and it makes an arch formation at a peak A or B and then fails and takes out that left side low, be careful because that can go quite a lot lower. On the right side, it's a reverse wide green because if you take out the left side high, you can go a lot higher. What I look for, I look for an identifier low bar, can't eat successfully higher peak. When you get to the fourth highest peak, even though you can go to E, F and G, D is where other things can happen. We sort of look right here in the corner, you can see on the 14th affair peak D, look how far we plunged the downside. So, within that context, what we've got here is another pattern where I look at straight line up and you start to make lower highs and much lower lows and all of a sudden you form a base and it takes out that trend line that I call it the falling X, but it's really an expanding code to take out that higher trend line. That means you can go all the way back to the previous high. So with all that said, we have a whole combination. There's the falling X, there's the dreaded H, the arch that fails at a peak B, went to a doji candle low, nice move up. All of these we've been training on the long side and actually a little aggressively on the long side. Now we've lightened up to the point where at peak D we always want to lighten up. We are prepared to go short at some point in the next day or two. It should have maybe been today, I don't know. But you're bumping up against that resistance and now we've got the Chapmeb inside track repellent zone holding the price. If this is going to work, then by the May the week of the 19th, we should be testing 34,331. If the cup formation is going to hold in place and here's the monthly chart, falling X formation within the inside track repellent zone. How does it break out? That's going to be very important. Now let's just run the, so the support level will be 33,700. Nine-period moving average will be key support, then 33,522. The next level of key support, but it's the upside that I'm looking at if there's going to be a rally above 34,082. You've got a ton of resistance to break to try to get to the 34,331 level. And if we can go higher than that, that'll be really important because it'll help the monthly chart. In the meantime, we're in this thing where I say to subscribers, let's have a little bit of caution here. Let's look at the SMP. So the weekly chart says, in the Dow, the SMP, the Dow says, yes, the technicals are improving, the stochastic is only 68, but it is improving on balance volumes very weak. So this is a period where I say just be a little careful. Looking at the SMP, you've got the same sort of thing, slightly different chart formation. All it needs is to get to 41.95, and that'll go to leg D. This is holding much better. Look, it did go... I don't like a peak E and a very quick F after that, although it could turn into an instant restart or a brand new buy mode, F slash B, but make these good nine periods over the 14, the price is way over the nine. All of them are way above the 14 and the 200 period moving average and the 50. I didn't want to do any shorting right now because there is still internal strength. Stochastic is at 91%. Magnet is good on balance volumes, holding okay. Weekly chart says a cup formation should try over the next couple of weeks to break to a leg D and that'll push us finally out of that monthly chart resistance. Very important. I've got Fib numbers at the 4,200 level. There's all sorts of things going on, but all I can say is that key support will be 4,100. So first 4,150, 4,100 will be next. And if it goes under 4,100 in April, that's a big problem. But in the meantime, we're looking at potential. How this plays out is going to be very important. We're at kind of a cuspish moment right now. Q is slightly different again. There's a cup formation. It hasn't been able to break above the high that was made. Maybe it did. 321.42 was the high today. 321.63 missed it so far by about 25 cents, making a new leg E. And Weekly chart will go on to a leg G Stas C. And here's the same thing that if the Q2 in the X100 gradient vehicle is able to get above 321.42 in April, that will be very positive because it will be helping the technicals which are still very strong and strong. I'll be back in a moment. That was down to 118. And then I'll show you something here with the E-mini. If you're looking for potential trading setups in the stock market, then Rocket Equities & 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 & 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. Are you looking for a way to consistently add winning trades to your portfolio? Tommy O'Brien is here to help. Tommy O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tommy O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the markets open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tommy O'Brien's newsletter, Market Insights, today, and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN Educating Investors. You'll get a weekly report from veteran day trader Larry Pezzavento 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. 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. Toll free at 1-877-927-6648. Internationally at 727-873-7618. So I need to look at Merck in a moment. FXI, SBSW, and I will. But I just wanted to show you something that I think is kind of cool. So in the chapter we methodology, I have a whole thing going on with rectangles. So either it's a large rectangle or it's a narrow, very long, narrow channel. And I have in my, if you subscribe to my opening call, if you are a member of my opening call, you'll be able to go to my webinars and I discuss these over and over. So the long, narrow rectangle and the large rectangle have two different connotations. The long, narrow rectangle says you can stay within this range and keep thinking that you're going to break to the top every time you see, oh, this is the breakout. It doesn't happen. It pulls back. You think it's going to break down. It doesn't happen. Then at a certain point, it actually goes to a peak D or F above the line. If that gets back to a halfway marker of the rectangle, in other words, a diagonal line, a horizontal line takes it out. There's a real good chance not only are you going to take out the low of the rectangle finally, but you will go quite deeply below it. Then what happens is you try to get back in. If you get back into the rectangle but you can't take out the diagonal line, then that's like a barrier. All right. Wait a minute. What's all that talk about? That says, look at this, the E-mini from, wow, let me scroll back. I love this kind of thing. It's just incredible how it happens over and over and over and over. It has been in a kind of a rectangle, narrow rectangle between 4196 and let's just say 4192. It's been there since about 6.50 this morning, 6.45 a.m. and it just stayed there. Then it finally went to peak ABC, snuck out, went to a D, had a little doji candle at the top, and then what does it do? It has a cup formation with the right side, weaker than the left. Look at the McDean stochastic. Look at the stochastic fading. Unbalanced volume did pull back and then rallied, but that was a much stronger signal when the McDean deflected lower and look what happened. And what I like to do is I'd like to do a measured move from left side bar symmetry. I put an X in there right there and we went right to that X, one bar early, tried to bounce, went into a little mini rectangle, couldn't break the resistance. Oh, I better make this a little bit darker. Couldn't break that midpoint resistance. Failed to the peak A- and kaplop. It goes back down. It goes to 4187. And then what does it do? It rallies again, peak ABC D. This is a one minute E-mini chart. It goes right to the resistance level, makes a cup formation and plunges back down. Now we're making yet another rectangle formation. Look how many times it's tried to find support. I suspect at some point it's going to find the support. When we're going to the bare phase, normally you don't get just a minus. What is the E-mini now is down four. It's up four points. You get like minus 42. So until we start to see two consecutive days of massive moves to the downside, we are just stalling here. We're not breaking up. We're not breaking down that is. We are coming down. So this is AB. This is AB. That'll go to a C if it pops up a little bit. I'm watching this closely anyway. I wanted to show you that. That's the one minute chart. Uh-oh, mistake. Let's move that away. And there is the 10 minute chart. So I like to look at different time frames. Yeah, in my opening call we have positions that go back like the dollar back to 2018. We have positions that we've just gotten. So here's your rectangle in the 10 minute chart. It went to a peak B. There was this expanding wedge formation right here. This is the falling axe. And then we broke that cone formation to the top from the 200-period moving average. Made another deep, long Chicago style pizza right there. I like the thin crust. I don't like the thick crust. And then I don't often have it, but anyway. And then it went broke to the upside peak. ABCDEF, you see the nine-period moving average went from one this morning. It went positive, and it was positive all the way to this peak F. I put a question mark there, and then I was just busy preparing for the show. I forgot to change that because the one minute chart already given me all the information I needed. That was a down arrow. And now what we've done, and I put an X in here. It just took it right out. It went right to where? The 200-period moving average. And now look how important it is to you. It went right to the penny to the 200, to the quarter point. 200-period moving average. I'm trying to hold there. Magnet is very weak. Stochastic is very weak, but it is getting to an area where it could try to bounce a little bit. On balance volume is weak. And the next level of support will be right here. If there is a break of this low of 41, 75, 50, then the next level will be the little dojo candle right there at one o'clock this morning, 41, 72. Break that, and then we've got a different cup of tea all together. So what we're looking at, that's that. Now let's go to the questions. Now I haven't finished. I have to do this first. Gold, GC. Gold is trying to rally. It's up 13 points of 2020. Now what happens is exactly the same thing. So the large rectangle now for the dollar, so for gold, has become a long rectangle. So it's starting to lengthen. It's changed its pattern so that I've got to consider, it's in a trading ban, especially with that dojo candle from the close of last week, like one evening star type thing or a hammer candle with a hammer at the bottom. And now what we've got is very strong technicals in the weekly chart. So I think we're in a chop, chop, chop area for gold, just digesting really good gains. Silver, so gold is up 12. Silver is up 21 cents at 25, 35. I'm calling this for now, peak F. I don't see any other reason why I should change that. But it's holding very nicely. If at any point silver contract, continuous contract starts to trade, it can't just go there. But if it starts to trade under 24.45, then I think we've got a deeper pullback, but it's still technically holding very well. High-grade copper is pulling back, but now it's holding steady, up .02, at 4.086, gone back into that on the trend line resistance and support. So this is going to be very important. How copper holds the weekly chart says it's just stuck in a range. Now this is going to be important. I had questions about SCCO. Yeah, look at that. Going to the leg D. That's what we anticipated. It's still within the Chapman Wave inside track repellent zone, right there, but it's just not gets hit above it in a very quick peak C to D. So leg D, and you can see this expanding cone. This is a pendant formation in the SCCO, this is Southern Copper. Yeah, I had a question about that. What's going on here? Okay. And the other thing that I need to look at now, I can go to the dollar. The dollar is down 30. It takes that 101.80 USD. U, USD, JPY is trading. Let me just see. It's trading down 43 cents at 134.04 in leg. You're going to watch this closely. So that's the yen, and the EUR, USD is trading. Up a little bit at 1.096, up 0.003. So basically what we're looking at is also kind of stuck in that range. Now there are a couple of things going on. Oh, so we did get that drop in the down, down, down 146. The recipe is now down 328 at that 41.72 level. We were looking at just a moment ago. All right. I think I've covered a chunk. Look at this. The TLT. Stuck in a range, remember? 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. We'll see you in the next video. 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 in technical market analysis. 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Otherwise, you're going to get something that might just have missed something that's very important. And that's what a computer can't pick up unless it has a very complex algorithm. What I'm looking at here is Merck at an all-time high. So stocks that make all-time highs tend to come back to that all-time high level after minor pullbacks. They're the leaders. So I like this. And one of the things that I spoke about, I think it was maybe a month ago, I said, I'm looking at the IBB, which is the, this is the NASDAQ, IBB is the NASDAQ biotech ETF, and it's not doing that well. And you remember, we looked at Moderna and I said, looking out a longer term, I like it on a shorter term basis. It made that peak effort and it's pulled back sharply, but it's a fantastic company. But walking around Watertown, just Watertown, and then driving down to the downtown of the weekend, I'm looking around the number of huge, I don't mean just, I mean, this is not Manhattan huge, but I'm doing that for New York huge, but for Boston, huge buildings that are biotechs. I'm getting very worried. I think there's going to be such a glut. Something's going to happen in biotech when you get this kind of building. So I think, and you remember I spoke about it. I said the IBB is not acting anywhere close to as well as the PPH. The IBB is the Veneq, sorry, the IBB is the, that's the biotech ETF, but the Veneq pharmaceutical ETF has a much better pattern. It's gone to a peak E in the daily. It's gone to a leg D with a doji candle from last week. So this could become a peak D in the weekly. And even, yeah, I've got this pattern that's kind of breaking out a little bit. Let me see if I can join these things. Yep, I'll join those. I just like to take trend lines and say, take me to wherever you want. Just join up the ends of any of the candles, the wicks or the bodies. Mostly wicks, the outer wicks, take me there and I'll deal with that because from that moment on, I have a trend line that just says visually, it's very easy to see in the inside track, repellent zone right now, but at very nice recovery highs. So the Veneq pharmaceutical ETF is doing way better than the IBB. So Merck is in that area. Lily, Eli Lily is in that area. Merck had a takeover, I think, yesterday with discussion. I think that these are companies, not only that, I think the pharmaceuticals I've got a feeling will be the ones that take over some of the big biotechs because they're even bigger. And as a result, I'm thinking there's this conglomeration of money that's just going towards, and you can see it, Eli Lily, fabulous move all time high just recently. So I would be not diminishing the amount of money in those. I'd actually be looking to put small little bits in on any sharp pullback because it has been the leader and it should continue to be the leader. And this is a dramatic change in the whole sequence of the tide. Where are the riptides? Where are the low tides and high tides within different geo-situations? In other words, looking at various, we'll call them sectors for now. In this case, that's what I'm looking at. So I do like it. Then just real quickly, FXI, I've said, I'm not in favor of the FXI right now. I think it's kind of stalling. It has a nice little bounce, but it's stalling at the 200-period moving average. This is the iShares China Large Cap ETF. Look at this 200-period moving average. Can't get to a leg D. It might do that, but this weekly chart as well. It's just suggesting that it's kind of stuck in a range for now. So I'd just be a little careful with the FXI. Next question came up as, could I look at, where was it? SBSW, SBSW. So this is SBSW. Yeah, I can never read these things. Then you try to get closer. Stillwater, Sabanya, stillwaterlimited. Yeah, Sabanya, stillwaterlimited. Went to a peak A, B, C, D in the monthly chart back in 2020. Pulls back sharply, goes to peak A, B, C, D. Stalls makes a double top right here. I just did exactly the same thing on the one-minute chart. This is a multi-year, actually multi-decker. No, multi-year chart. Could be a decade. And look, look at the deflection of the MACD, deflection of the stochastic, and it went even lower. And now it's trying to find some support. So SBSW is trading very nicely right now. Made a low. I don't even know what the price is. I'm just busy looking at my notations here. So where are we? Oh, it goes down to the 7s. Bounces to a peak A, pulls back. And I just have to double-check to see, is this an A right here? This is 47, 47. Okay, so that's not. So that becomes B. That's another A right there. This becomes an A right here. That becomes a B. Remember, this is your starting point. Every peak above that gets counted. That's your starting point. So even though this might have gone below that, it doesn't matter. That's A. That's A. That's A. That's B. And the more you can get A, B, A, B below, when it finally breaks out, it is fabulous. That's called an instant restart. My CD book called Introducing the Chapman Methodology. We talk about this a lot. And there goes your C. And there goes your D. And now you're in a gap up, a huge gap up E. So something's happening here. Sibanya, I bet he wrote and told me what it does. SBSW Awakening. More than Awakening. Oh, I didn't see what it does. Whatever it does, it's doing very nicely now. It's gapped up. It's up 89 cents, up 10% at 949. Now, this particular move. So this is obviously, maybe it's some kind of stormwater. It's some kind of metals in the metals group because it's got overseas action where there's gaps all the way. So forget about these gaps. These gaps don't mean the same thing. Well, there's a whopper of a gap going from about 670. Is that a six? No, that's 875 to about 950 today. That's huge. So I like this action because it filled the gap in the monthly chart. That's not good enough. You've got to start trading way above the low of the gap, the bar before the gap down. And it happens to be a weekly chart. Very unusual for a Monday to be a gap down in weekly charts. You don't often see that. It's just a coincidence. It's got nothing to do with the fact that, oh my God, look at the gap. There's a gap because on Friday it was here and Monday is here. That's all. So that gap is important as a gap. I'm just saying the fact that it's a weekly gap is not so important. And it did go peak A in the week. So this has a habit. It's very nice because it has a habit of going peak A, peak B, peak C, and at least a D. And that just tells you that's the rhythm of this thing. It does beautifully in the Chapmanian methodology. So therefore I've got to anticipate that this E here says that it has to hold. It's at 949. In the next three sessions, if it takes out 906, let's call it nine. If it goes under nine, that's a big negative. If it holds and goes to 980, that's good. 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 Basil 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 Basil 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 Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded tfnn over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights, today and try all of our products and newsletters 30 days risk-free with our money-back guarantee at tfnn.com tfnn Educating Investors The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, For Side Fund Services, LLC brought to you by Vistagold, traded on the NYSE American and TSX under the symbol VGZ. Hi folks, we're back. So anyway, so thank you, Duffy, SPS, W, Symbania, Stillwater Limited. So Stillwater comes from the global fact that it's now a global versus metal mining company. That's probably the American part of it. But all the rest, I'm looking at you. These are very familiar names, some of them to me. It's projects are grouped with two regions, the Southern Africa region and the America's region. Its products include Gold, Platinum Group, Petals and Byproducts, the company's gold project. In the Southern Africa region includes Beatrix, Cook, Drifontaine, that's what I know. I remember that very well. And Clouffe, I remember that very well. Its PGM projects include Krundahl, Rustenberg. Rustenberg is where my wife and I spent our very belated life. Just after, I think we were married quite a few weeks. In fact, maybe months when we finally took our little honeymoon. Mimosa, Platinum Mine, it's the other projects in the Southern Africa region in Kern Bernstone, Clouffe declined, Drifontaine declined, West Rand, I lived on the East Rand as a teenager, grew up as a preteenager in the most beautiful Sea Point Cape Town, South Africa. Then moved to the little mining town near Johannesburg. Yeah, those are familiar names. All I can say is that this is having a fabulous session today. What's ASA? I always look at ASA mining because that's for me a big clue. The ASA's Gold Precious Metals, there's five major South African mines. It's done very nicely, digesting big gains here, peak E, I'm calling it at the moment, E in the weekly chart. It's not even having a digestive phase like two days, three days after the big move up, and it's gone way above the left side, higher than it was made in February. I need to do this real quickly because I don't want to run out of time. I promised my subscribers to my opening call. I usually spent about an hour, this last week was over an hour, for on the weekend, I take time to go through overview of what's working, what's not, the stocks we have, why we have them, what we are looking at, et cetera. And I've been talking about, is that WT? Let me just get there. Yeah, this is, did I put WT? Yeah, WT is Wisdom Tree Inc., Exchange Rated Funds, Fixed Income, Currencies, Commodities. It's for fun. Look how nicely it's done. It's almost, the last major high was back in, that was June of 2021, it went to 738, it comes all the way down to the 550 area, and then actually it comes down all the way to this low right here in October of 2022 to 460, and now it's trading at 649. I mean, that's a 30% gain. And what's going on? If this, why is this doing so well? That's because I really believe strongly, but I did an analysis over the weekend, and I just, the more I looked at things, the more bullish I got. And then I thought, okay, wait a minute, what if, on Monday, you get really good earnings, maybe JPMorgan, what will the market do? Well, JPMorgan had fabulous earnings yesterday, or was that Friday? No, it was yesterday, wasn't it? What is today? Today's Tuesday. That was Friday, came out with earnings, and now it's above the gap up high, and yet the market was down sharply. It's down today. It's a real mixed picture, and I've got to put the two together and say, you can get as bullish as you want, but there are certain factors that you cannot ignore, and that's kind of the way I'm looking at the market right now and saying, what you like, you've got to have a good reason to like it, and if you like it, you've got to hold it and stick with it. Even though you might have stops, you're still going to have a lot of confidence in it. The other thing is this, when I'm looking at the JPMorgan, and today's Bank of America has given back, where did I put it? I typed it into the gen, sorry, BAC. It gave back a chunk of the gain, it's now down 38 cents at $2,999, and it's acted very poorly, but it very, look, $26.32 to $30.93. Don't tell me a 4-point gain was about an 18% gain in a couple of days in such a weak stock. Isn't something to be impressed with, but I'm only impressed when I finally see that the whole XLF, the bank sector itself, as a unit, is able to defy the weight, the gravity of everything that's going on there, to start trading not at $33.15, where it is now in leg D, but is holding strongly in his way above the daily 200-period moving average of $34.25, preferably in the $35.50 area, and holding steady. That to me will say, okay, there's some stabilization. So this is a really mixed market, and you've got to be sector and stock specific. Sometimes the sector could be housing, but a particular stock is doing well. That's the way I'm looking at it right now. So I wanted to show you that. I wanted to show you something else as well, was that I put it down. Let me see if I can find it right here. Let me just go to this, move it over so that I can go to my newsletter. Yes, so I'm looking at a couple of stocks. I spoke about a couple already, but look at this. Why is Builder BLDR? Yes, it's pulling back. Whoops. Hasn't pulled back, has it? No, not even that. Today, it's up two at $96.32. Builder's first source ink and is deeply involved in the whole building area, up at an all-time high as we speak, at $96.42. I mean, what a diverse market. What was the other one I wanted to look at here was, I spoke about WT. Oh, HY. I came about this yesterday, and then I did some work on Heister Yale Materials Handling, Designs, Engineers, Manufacturers, Cells, Services, Lift Trucks, Aftermarket Parts. Isn't this fantastic to see? Beautiful rally in the weekly chart. This is now, it's got up against a trend line. It's just broken. It's in a leg E in the weekly chart. MACD is good. Stochastic is good. Everything's looking very nice, and the monthly chart is starting to improve. So I'm looking at this and I'm saying, gosh, there are so many things that make me extremely bullish. But at the same time, there's this overhang. So let me just show you the chart right now because I said in the work that I do, the ChapaWave Dark News Cloud Cover is one of the most important features in my long-term outlook of the markets. The other thing is I'm looking at this incredible buildup of money and CDs and in fixed income. Don't tell me that money isn't going to be put to work in the stock market at some time. Never in history, my history anyway. Have I seen that happen? Money invariably comes out of fixed income. You remember in 2000, when widows and orphans, they always said, should be in bonds. And then there were grandparents, both female and male, that took money from fixed income and went directly not into preferred shares and then the very conservative investments like a merc and things, they went straight from that to the eyeballs, AOL, etc. Money invariably goes from safety to accessibility to very speculative areas. So I'm looking at this and I'm saying, you know what? We've got our internal low. We've got our residual low. We manage, we are long. We're looking at this in a positive way, along the down that is. And now what we're looking at is, are we coming back into the area that says, oops, we might be making an internal high and a residual high, even though there are so many aspects that are really very positive right now. So that's my big question and I'll be back for the very final segment before I hand you over to Steve Rhodes and other great guests today. And I'm looking and seeing is this something I see Yale never even heard of the materials and beautiful that even today up 65 cents. TFNN has just launched their new trading room, the Tiger's End, 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 End available to all Tigers and Tigresses for just $1 for the year. 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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 Pezzavento 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. 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. Hi folks, so UNG, which is United National Gas Fund, up five cents to 7.18. Yes, this is much, much better action. Look, the magnet is starting to improve a lot. Circassians improving at 49. It's a starch deforming some kind of a base. This time, I think that we've really produced a base that says the 650 to 627 low that was made. I'm even going to go a tad low to 620. I think should be very strong support for the next week. But this is still after that gap up yesterday, a little tiny doji and not big follow-through to the upside. And even today, kind of a struggle. I need to see, I don't want to see the action that we saw on the last rally. I want to see where it leaves this 627 area. It just leaves it goodbye and it trades and it starts to trade for a week in above 690 and preferably above 710. And that will say to me, great. Now the weekly chart can finally really repair some of the damage. So that's it. So let me just do this because we're running out of time. J.O. is the coffee. I had this down a while ago and I said, oh, it's looking really good. And then I forgot to follow it up. J.O. is the iPad. It's coffee trust. And it's doing very nicely. It's down 17. At 57.95. It is an electric. How many Ds? Look at the D that, the doji D that had that big sharp pullback from the 55 area all the way down to the 48. So now it's up at 57. And it's in Leg C in the weekly. So this is some of these commodities. And one of the reasons why our DBA, which we are still long from 2020, is still at 21.18 down two cents today. But look how beautifully it's done. It's gone to a leg E. It's broken out of the rectangle formation. That's important. So folks, if by the end of the day, the Dow starts instead of being just down minus 50 by 3.30 this afternoon. It's down 210 or more. That's going to say we're starting to get this popular action. Just be respectful of that. But the taxes are still very strong. Have a great rest of the day. Stay tuned for Steve Rhodes. Check out my opening call data and use that. See you later with time.