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 Good morning everyone Basil Chapman here on the 16th Monday the 16th of October we're looking at the Dow up 199 at $35,872. For me I think this is even though we are short-term long for a trade I think that this is more a bounce than anything else I think we will get out of this we'll get an H pattern and whether or not we break say thirty-three thousand five hundred with thirty-three thousand eight seventy two is going to be the issue but right now you can see the market say few at least the Middle East it seems to be a little hiatus in the tension so the Dow popped up to the thirty three thousand nine forty eight level the whole thirty three thousand nine hundred's would normally be strong resistance so we're gonna be watching this very closely look here it is again at this orange 200 period exponentially orangey pink 200 period exponential moving average on the left side chart the daily chart one two three four this is the fifth day that it's trying to get above it will it be able to get above it and hold I think that's a big issue and look you've got the weekly chart nine period moving averages under the 14 that's a bit of a negative because the S&P we've got exactly the same thing here the S&P tried to rally then had at the 50 period moving average right the little dash line one two three four sessions to try to get there couldn't hold it what it got there but it couldn't hold it had a ugly session on Friday and today's trying to rally it's kind of stuck it's up 22 not bad action when I would have thought that today would have been quite ugly if the tension in the Middle East had held it's it's still there believe me this is not going away that's the reason why we look at gold in a moment but meantime 43 51 up 23 it's not it's already pretty good action look at the QQQ in the X100 this is trading up 2.46 at 367.74 ugly session there's a technique that I've developed over the years I call this a chavel wave inside track repellent zone what I call the chavel wave because it's something that I developed and if we used pretty successfully for a long time what happens is there's a trend line trend line is a single line eight trend line if you get two trend lines and they are parallel it becomes a channel there's a little mini channel right here and then mini channel says that look every time the prices come into that channel even though it's a declining channel and how on earth does a chart know that it's a declining channel if it was horizontal like this line of the little fabonacci this right here fabonacci expansion line and that's horizontal you remember horizontal 20 20 20 it keeps hitting 20 but if it goes 20 19 18 17 that's amazing that it should do that but I have a reason I think that the reason for that is because the tide is going down and the emotional response from a load to the high gets worn out at a certain level and it just isn't quite good enough to break out from the previous high and it fails then it does it again it's a little weaker response and that's kind of a way I'll look at it this right right now so this is in a declining trend in the daily chart but the 9-period moving average in the QQQ and X100 has turned up and that is a positive the Magdi is good the stochastic is actually over 80% at 80 81% and I should also mention that we are long and a little bit aggressively on a very small position a position we're a little long take a little bit off as a kind of a reward whenever we can but most importantly that on balance volume the blue line is pulling back and the relative strength is at about 50% 53% it's okay it's not great so when I look at this I say well the daily chart is holding very nicely in the QQQ the weekly chart is holding even better with that same trend line now it's the weekly chart so we're looking at this trend line right here just tagged it and then pulled back on Wednesday I think it was Thursday of last week now look at this the 9-period moving average is turning down but it hasn't crossed negative it's still positive that's a little green line you can see right there let me see on the chart yeah you can just see it barely see it maybe I'll go here and I'll just do this I'll show you the blank chart right here right there open the recent workspaces let's go to the blank there it is now you'll see the 9-period moving average it goes to green when it's positive goes to pink when it's negative and low and behold what do we have right here that's Bitcoin that's going nowhere at this particular point let's go to the QQQ there's a weekly chart and you can see the week anybody oh yep there it is the weekly chart green it turned green right there I think it was May February of this this year February the week and the third 313 was a high 289 was a low and here it is a 368 and it's green starting to make lower lows and lower highs and the almost in the price itself the grades the price but here it is slightly above the 9-period moving average which is green and the greens are just above the black 14 period moving out and if you look at the S&P in this particular naked chart that's all you've got these three there's S&P weekly it went pink and now the rally is coming up but it hasn't changed to green yet to me this is really important because it's I called the indicator of last resort and we're going to see if this week if it stays if the S&P and the QQQ QQQ stays green all week and the S&P stays pink then we've got this bifurcation between quite important in indices the index 100 of course the more high-tech than anything else and you've got the S&P just general 500 stocks and I haven't been able to put it down arrow here in the week even for a sell signal because it hasn't closed decisively underneath the 14-period moving average it has closed twice out of the last five weeks but we'll see what happens okay let's go to the IWM IWM there it is IWM very ugly chart just not pretty at all let's go to gold and we'll see that gold is holding steadies down 10 for quite a while a couple of hours now 1930 my thinking here was that with the kind of move that we had on Friday which is really an emotional response to the Middle East conflict that we would get unless there was a real easing of the tension we wouldn't get more than a 50% as I said in my market overview my long video over the weekend for subscribers to my opening call we're gonna have to watch gold very closely because it is an emotional response this is a response that any international conflagration yours always see gold become the go-to area and then obviously gold stocks improve and silver also participate but gold is the one that we go to and for the international response to uncertainty the dollar is really the dollars being the strength for a long time and it's showing strength right here if you want to look at the EUR USD that's the euro dollar currency pair okay look at that sharp pullback now quite unfortunately I'm gonna have to spend good part of the day I think figuring out what's going on here look my notations are not holding I've had that happen before when it's just one particular chart usually like usually one chart not all the different time frames this is affecting everything I just went to trade station we worked and we got rid of cookies didn't help I don't know it's gonna be a big deal I can tell but anyway I didn't get my notations back I am in very deep trouble downs of 243 S&Ps up 34 got a lot to look at being this Monday oh so just a real quick as we go into this the GDX is holding very well the question was what about it I think it's in play we're gonna be watching so I'll be back in a moment 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 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 and 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 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Discord 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 Zen available to all tigers and Tigris is 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 toll free at 1-877-927-6648 internationally at<PHONE_NUMBER> on acceleration of the market thousand two hundred and sixty as it is at 37 and the E-minis at 38.50 this is starting a brand you move up to the top here let's go to out we've got a call we've got Earl and Seminole how are you great Basil great to talk to you good to talk with you how are you I'm doing excellent thank you good look at the short-term for GLD okay so GLD folks this is the way this is the one-tenth the price of spot gold and the GLD trading right now down 87 cents at 117.97 images get rid of these FIB numbers because obviously they're in use anymore so this made a peak F in the weekly chart way back earlier this year I think it was around about May let me just double-check May yep May the week of May the fifth at 191.36 spider gold trust trades over 10th the price of spot gold and had a fabulous move this move now I just want to check I think this is leg B to the upside 172.86 a yes this is in fact now it's funny that I've got my icons I've got the up sign the up arrow and the down arrow but I can't put the down the chair man a right disappears we're in a leg B and it will be a peak B if today there is no high above 179.10 that was the higher Friday and I'm gonna draw in this channel line right here it's one right here for the weekly chart basically I'd like to do it in this manner right here just a little bit over there yeah so it's got a bit of it's got a channel formation I'm looking at the resistance on the it's funny because on the very short term and that's the daily chart and the weekly chart I've got trend lines of resistance and it makes it very clear what what I'm looking at right now and that just says the nine period exponential moving average in the daily chart went positive on Friday it's positive again today the magnates had a huge spike in the nine period differential the green line and the pink that the red line the 26th period exponential moving average is turning up very slowly now usually what you get is this is an emotional response to something it could be earnings or anything like that when you see this green line spike and then what happens is the green line starts to pull back as that red line tries to work its way higher and that's when you get a consolidation so I'm just mentioning this just in each indicator because each technical tool gives you its own response to action and if you're looking at the stochastic very nice straight line move up to sixty three percent the on balance volumes lagging and the relative strength is moving up but it's not it's not very strong right now so for me the way that the gold action occurred it's just so interesting I would have expected Monday a week ago that you would have got a 40 50 point move up maybe add a little bit of a consolidation the next day and then another big move up instead what happened was there was a pop then there was this big gap up it stood still then another gap up for two days and it stood still and then a gap up and now you've got your two-day rule here and let's see what happens next in terms of just the price pattern for the GLD but your question I'm I'm just going to get to the issue right now I think your question is is this a bigger move in GLD than just a single pop to the upside is that your question yeah I'm just wondering whether we're at the top of a move or we still got a little more room to to go north so this is the ready I spent quite some time over the weekend kind of pondering this looking at the charts trying to decipher the action in return in corresponding to other big spikes to the upside in gold due to the same kind of same Middle East tensions you see as I was analyzing it over the weekend I said to myself wait a minute as as I can recall going back not years but decades when the Israelis respond to something that happens to them especially when it's under the under the guise of annihilation there is usually an immediate response they were caught off guard and there's going to be a whole bunch of issues involved in that not recognizing what was going on when there was internal strife in in Israel due to the Prime Minister's action etc but at the same time what we're looking at in terms of that immediate response that didn't occur it says that now the world spotlight is going to go from they've got to avenge what happened to now it's a humanitarian crisis of course it's in a humanitarian crisis so that I look at this I'm talking about this purely in relationship to gold I've got this good nothing to do politics anything it has to do with my internalization of things that have happened what usually happened and what hasn't happened and when you use up time in any conflict then the whole aspect of of another way of looking at it keeps in in other words if they had done whatever response it was Tuesday or Wednesday of last week then they would have just said okay well that's done now now let's just deal with what we've got now they aren't in that position at all so gold is responding to that what gold is saying to me right now the fact that gold itself is holding minus 10 like minus 10 for hours now it's it's in a holding pattern very much like what's going on with the conflict and if there is some kind of resolution that doesn't involve a lot more killing and I'm just being as blunt as I can I would say to you that gold will probably start to pull back because the whole thing about gold is it has this there's kind of a humanitarian side to this whole thing and that's what I'm looking at so I don't know if I'm overthinking underthinking wrong thinking clear thinking but that's that's in the forefront of my mind because I've been looking at gold and we for my subscribers in the opening call we have a gold stock it's actually holding up even though we bought it on Friday and I said this is crazy but we have no choice we it's the best of this particular sector it's a South African gold stock let's see how and we've got a fairly tight stop and so far the stop hasn't been hit we've even taken a little bit off in terms of taking as I like to do so I'm trying to put it into perspective let me show you something else if you look at silver silver is also holding really well often absolute spectacular peak a leg be right now we're looking at you've got your chapter with inside track resistance zone coming up which will be in the 20 2290 to 2310 area it's training right now 2382 if you look at I want to do look at I have to put crude oil into the picture because they're all kind of go together crude oil is pulling back the dollar at 86 so if you don't mind I'm going to take just a moment because there are a couple of other aspects in the gold that I want to look at I want to look at the XAU and a lot of those peripherals are going to be quite important right now so if you hold on I'll get to it as soon as we return is that okay 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 Keg stats tiger forex report Teddy Keg stat breaks down the forex markets every Monday using his 30 plus years of experience as a trading veteran of futures forex stocks and options Teddy releases his weekly tiger forex report every Monday morning with coverage of all the major currency pairs including the dollar index the euro dollar pound dollar dollar Swiss dollar yen as well as many more and he also has weekly coverage of the crude oil market and the 30 year T bonds as they both influence forex markets tremendously when you sign up for the tiger forex report you also gain instant access to Teddy 60 minute webinar archive he just hosted forex strategies and fundamentals what is behind the tiger forex report for all the details and to start your 30 day tiger forex report subscription today visit the front page of TFNN dot com TFNN 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 it is mastering probability newsletter Steve's award-winning newsletter mastering probability is delivered every trading day with updates throughout the 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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 dot com or on TFNN's YouTube channel and become the investor you were born to be TFNN educating investors don't forget you can listen to TFNN live on your mobile device 24 hours per day go to TFNN dot com then hit watch Tiger TV that's TFNN dot com then hit watch Tiger TV I vote and we're all back and what we're looking at is Erlen asked me about the GLD and I said I can't just do the GLD I have to look I kind of have to look periphery around and I'm looking at the XAU this is a single leg H to the upside XAU is the Philadelphia golden silver sector index I've lost my notations this should be A, B, C, D, E, F, B, G, C and a D right there yeah see this is not a great-looking chart so if gold if gold never had this big move last week it wouldn't look very good at all so this is something that I'm rather intriguing so I'm going to say to you Earl that going to the GLD I believe it's in play what I mean by in play is that it's come off of the support level in the 160s it's now at 177 right now I don't know if this is going to be the move that takes into the 180s to get above this resistance level the chapter we've inside track repellent zone but it's sitting on the 200 was Friday it was sitting on the 200-period moving average when it gapped up and that's still holding at 176 so do you have a position yeah I'm I'm along I'm looking for for how much just how long just pay it okay so the way I would do this is I'd have kind of a two-fold plan with sub A and B in it and basically your did you get it long before the big move up on Friday yeah okay so then it's much easier for you what I would do is this I try to keep a core position and have a trading position and that trading position says that if the GLD closes under the lower Friday which is at 170 672 I I'd monitor it with a fairly tight stop on just a small position and the reason why I say that is because the move was spectacular to the upside but I think it's in I the way I'm looking at it right now I don't see any reason why gold shouldn't be in play because this is a very complex issue right now and it's not going to be an easy solution and they're going to be moments where it looks I mean humanitarian wise looks horrible and the other times it says well maybe it's easy and that's the way you're going to be looking at gold the second thing I would do is this if gold actually if the GLD trades at any point doesn't have to close but it actually hits 100 it's a 178.01 right now if it touches 181 I'd say take a little bit off just part of money management because that inside track is going to I suspect is going to be repellent zone first and then a propel zone and left to keep being tested and then what I would suggest to you is that if the GLD is trading all the way through for this all the way through Friday the entire week and hasn't closed I'm going to give it a little bit of room but it hasn't closed under the 50 period moving average of 176 now that's a little close make it 175 50 you can expect some kind of a pullback but the pullback has to very quickly go back to the 177 level to me that's really the issue because the amount of energy expended in that move in seven days is so big that you're now asking gold to remain up there even if there isn't that much tension I'm talking about the same this humanitarian side and that's going to be a big deal for for the gold if you look at start this is going to we've got a new month mining new month mining had it where did it go NEM new month mining had a really big move it's in a single leg a up it's not giving anything up and that just says to me that the golds the gold miners not all of them but the gold miners more so let's say let's go to HMY this is a South African harmony gold yeah that's a fantastic move to the upside giving back it's unchanged today $4.86 so I'm saying to you I think you're in the right position we're just talking about how how you would trade around it and that's really what I'm talking about so your core position I wouldn't touch that but I would have trading positions where I'd add back on the GLD if it does pull back underneath the 200 period of 176 73 maybe that's when I add back a little bit and I trade around it but you got your core position I think the next three days are going to be really important because if the GLD starts to close under 174 74 no I'd have to say under 173 it could say that the upside is going to be a lot more limited at the moment but that's the way I'm looking at I think it's in play I think you've done the right thing we've still got as I say we've got a gold stock that we got in on Friday it's doing very nicely today I'm a little surprised but it is so I think you have to trade it as if gold is in play and it'll be in play as long as is this tension and this tension looks like it should last quite a bit longer so I hope that helps you yes bezel I want to thank you as always your analysis you're the best and I thank you there well thank you very much I appreciate that all right well folks thank you we're looking at the Dow holding really well at 344 unfortunately I can't put in my notations I hope to resolve I better resolve it today otherwise it's going to be a big issue for me and what we're looking at here in terms of the e-mini look at the nine the nine cross positive again it was up and then it pulled back and it's not at 10 10 this morning at 43 81 it turned green with a 9p moving average it's still green and I think this is just a kind of a relief to say phew we survived the weekend without you know tremendous you know fatalities etc like you know just the way this is the response and yet at the same time gold is still holding very well so we're not out of the woods but the market this I'm cheating this and I can't complain because although we have a short position in the Dow from August 1st high we have a training position a long-term and so the three times long trading position in the in the in the and the Dow and we have it in the QQQ and we have other things we have a financial stock which seems to be doing let's look at Bank of America think they come out with earnings the next day oh I didn't want to do that on that chart let's go to this chart right here so Bank of America trading at this particular point BAC now yeah BAC is up 25 cents at 2703 I still think it's not a great chart but if for those of you went to want to tiptoe in last week I think it's holding it didn't sneak underneath that gap gap high of the was at Wednesday or so of last week and 2657 is the low Friday's low with 2652 just a tad under it and it's holding okay I I don't know what the response is going to be in Bank of America because JP Morgan there were parts of it that were not very good and yet it had a spectacular I'm not sure if it was the output whatever it was had a spectacular gap up session that went all the way to 152.5 and I was at 153.11 and then it closed at almost the low of the session and today trying to rally again it's up 45 cents at 148.47 and hit 149.52 and it's pulling back a little bit I'll be back in a moment we talk about this and then I've got the questions all the questions in the general get you and the questions that came in by the email 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 subscribe to Tom O'Brien's gold report newsletter now at TFNN.com analysis and trade recommendations delivered straight to your inbox whether you're a seasoned trader or just starting out market insights provides the edge you need to navigate the markets with confidence ready to join the ranks of successful traders head over to TFNN.com and subscribe to market insights today don't miss out on this opportunity to supercharge your trading results market insights comes with a 30-day money back guarantee for all new subscribers so you have nothing to risk don't miss out on this opportunity to revolutionize your trading game head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter market insights firsthand TFNN educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade labu or labd directions daily s and p biotech three times bull and bear ETFs visit directioninvestments.com slash biotech 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<PHONE_NUMBER> 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 principle the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor foresight fund services LLC this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ hi so um folks we're back and we're looking at the tower p 34 now this is going to be important to see the way a crude oil has rallied and it is trading at 86.91 down 79 cents it did hit it is a continuous contract it did 88.33 but you see this these two doji candles is what looks like a plus sign with long legs in this case pd in the weekly chart it did pretty much what we were looking for in terms of this particular pattern to that high the high back in i think it was october november of last year of 92.81 and we went right to it we went just above it went to 95.03 and now we pulling back look the 9 pre moving average is above the 14 it's holding really well and that just says the weekly chart is given even though it's a pd and pd's where other things can happen in the chaplain wave it says it's holding really well because this is part of the conflict this is conflict trading around the world you know kudo is part of that so i'm watching this very closely and i'm putting this together i'm saying kudo is holding well so far it should have been it was acting so poorly last week it should have gone down quite sharp it didn't um we did the same thing with gold we look at the usd jpy this is the yen this is the the currency pair dollar japanese yen the rule of thumb in these rectangle formations they make a lopsided u is at the price if it makes higher highs and higher lows and walks the 9 period moving average should go to at least a leg c or even a d just under right on or just above the previous high in this case it is the high of october of last year of 151.94 and the last high was about a week and a half ago uh that was on the third of october 19 at 150.16 so it's a little bit under it but it's on its way higher and that just says to me that the whole idea of the dollar and gold having this uh mirror image relationship is not it's not in play right now you've got the dollar as the currency of import king dollar tom always i said king dollar and that's what it is and you've got gold and gold is reflecting the tremendous uncertainty geopolitically so think of gold as the geopolitical king and the dollar is the currency king so in the meantime what we're all looking at is the tlt the tlt is pulling back that means yields otherwise the tbt which is the uh then this is the mirror image the ultra short beam and 20 at t1 etf is bouncing so that's yields if you look at the tenure t nx look at this strong hasn't taken out the left side high but it's holding very nicely so within that that aspect you you don't have the yields coming down so that it really helps the market and that means that the xlf uh i have to watch this very closely a nice session today so far 47 cents 40 cents at 30 361 you got bank of america you had wells flago let's see what wells flago did on friday and today that big balance leg c leg c in the uh denny char getting to the 200 period moving average of 42.37 wow without this configuration out there we there's a chance we would have seen something a little different this week without um that week friday session and as it is with the market routing it's saying you know we're kind of looking away for the moment but that can change under time so yeah come to the questions question was could i look at meta meta meta platforms inc internet resource info formally facebook trading up four and a half dollars at 319.24 it made a peak at three just on the 330 level it was 330 point 54 on the 12th of october three days ago holding quite nicely weekly charts looking good all of these are looking good and i think the question is where would where would i add if i'm long in this environment i i would have a tough time saying to you without without at least taking into consideration that there are a lot of things that could go wrong so i would say to you if you want to add to the position if you've got your core position i okay this is the way i would look at it i know that you are prepared to do trade quick trades with a chance that the quick trade could become a more intermediate term trade i don't think at 319.30 all i can say is if you wanted to add to your position i would treat it as a split and i would add that position right now and i wouldn't add the second position until there was a lot more gain in the in matter so that's what i'm saying to you right now i personally i would hold off right at this moment even though the chart is really looking very good but you have the potential for a double top in the weekly chart even though the nine is very strong still so it just says to me the risk reward i i don't with a risk reward i can just say quick trade yes but not as a position play that was a question the next one was matter could i look at tesla yep we've got our tesla players right here tesla at that peak c and i said you know i'm i've seen a number of stocks do this go to a c or a d on the left side back in september then pull back and then have another gain but give back more after this gain than i would have liked to say that it's a continuation upside pattern so tesla says to me i would not i think i said that last week that i'd be i'd be holding off on adding anything to tesla i do like it i do think it's uh neo is the one that keeps coming up neo is uh the chinese electric car vehicle why isn't this instead of being at 8.45 if it's like tesla at all it should be up in the uh 55 area not at eight dollars and 46 cents and if you're looking at what was the other one i was asked about rivian rivian rivian right here rivian a nice candle today but it doesn't look very good i just be careful of these things tesla is the one that i'd stick with tesla another question came in is oh i saw this down always look at this because like almost the same as my granddaughter's name this is veru veru hers is a little different spelling with a different implication there it's got a nice move up today and i can't remember what they do but i've always checked that up because whenever it goes by in the tick house i recognize and then so this is uh stopped at the 50 period moving average i'll have to check on what it looks like an ev company almost it's just gone flat and hasn't been doing very much um all i can say is that on the daily chart it's very close to the 90 moving average turning up but it is it's got a lot of resistance it's at point 91 right now and it's a pink sheet stock because it's got four digits after the the point 91 it's at 9100 it's up point 06 and the high of the 21st of september was uh 98 98.00 and the high today so far is 94.93 i think that's where it's trying to go it's basically stuck in a range so i'm not sure about that i'm not sure what the question was um unit costful plungers volume oh rivian vehicles sell for over eight something um unit costful plungers volume ranks next year yeah so rivian is a different thing you remember when tester started up and i was saying hey each car was custom about a quarter of a million and then it came down down now they do i mean everywhere i couldn't believe it yesterday i stopped counting but there'd be nine nine uh uh testers and i was in the space of a you know a couple of miles unbelievable they're so popular i'll be back in a moment and dials a 371 nice 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 and 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 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tfnn.com don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv i folks we're back for the final segment and i'm just hoping that i resolve my problem with the uh notation in the chapter way by being able to get those letters and trade stations to stick and not fade uh i need that i've done it i've done i easy a million charts i'm sure over the years and years and years of decades that i've been notating the charts uh so and trade station was supercharged and became trade station they've always been real good and see if they able to resolve this particular problem so let's just do this make it as simple as possible we see the vix index and this is all really okay this is this has to do with news that's there the geopolitical economic news out there so vixx is down at 1763 and uh i'd seen my webinar and i'm anticipating when the when the low for this particular down phase is over and you get a really good buy signal the way that i'd normally look at it is that the vixx should be up in the 2832 area we're not even close so maybe there's still more to go but in the meantime we are trying to ride this up move as much as we can for subscribers from opening call our long positions so far doing very nicely but um i i i'm going to leash on these things so the vixx index is at any point in the next three days if there is a spike into the 21s and the dow is down triple digits s and b is down 60 or 80 points i think then we start another phase a very weak phase but in the meantime this is really important and i'm not going to try to dismiss it i like it i'm looking at it so here we go the s let's go to the s and b most people follow the s and p i'll just say if the s and p after 2 p.m this after 2 p.m today it's up 50 right now 45 77 if it's able to push at any point into leg c gray leg c uh that might even start to tune into a buy signal goes into a buy signal and that you'd have to be over 43 85 point 85 and then i'd have to say i don't normally say but in this case it also has to close really strong at least up 47 points that'll be a good sign for tomorrow but the


Liquify natural gas, or LNG, is methane extracted by fracking, which is then condensed into a liquid. During this energy-intensive process, LNG export facilities release air pollutants known to cause asthma, respiratory diseases, heart disease, preterm births, and cancer. The vast majority of existing and proposed LNG export facilities in the United States are in the Gulf Coast. If fossil fuel companies get their way, that number will quadruple over the next few years. That is four times more climate-disrupting pollution, four times more chances for environmental disasters like spills, explosions and damage from hurricanes, and four times more poisonous chemicals affecting the health of Gulf communities. The fossil fuel industry has turned the Gulf Coast into a sacrifice zone. More LNG export terminals would perpetuate a polluting and high-safety risk industry. Its frequent boom-and-bust cycles create economic instability and burden communities with high utility bills. Our public officials and regulatory agencies must stop prioritizing the profits of LNG export corporations and instead work toward a transition to a clean energy economy that supports healthy communities and restores ecosystems.


Well, actually, yes, there's a lot of confusion and I don't understand the argument over empirical evidence and observations of things like ice, because ice is nature's best thermometer. When it warms up, it melts. If it's cold, it doesn't melt. And so the earth is clearly warming because we're losing a lot of ice, especially from glaciers. And all you have to do is look at sea level. Sea level is the best indicator of whether the climate is warming or cooling, because when the climate is cooler, then you have more ice from the oceans, which falls as snow. It's stored on land and sea level falls. When it's warmer, you are melting ice on land and that's raising sea level. And sea level has been rising and is continuing to rise. There's no question about this. So I'm really puzzled and don't understand why a very vocal small minority of people ignore very simple empirical evidence that the earth is warming.


Hello and welcome to People's Dispatch. We are reporting from Caracas, where an international solidarity meeting with Venezuela is being held. Delegates from more than 85 countries are here to express solidarity with the Bolivarian Revolution. Today, we are joined by Cira Pascual-Marquina, a professor of political science, as well as one of the communicators behind the site, Venezuela Analysis. Cira, thank you for joining us. Could you talk a bit about the phenomenon of the Workers' Army that is currently being seen as well as well? Thank you. Basically, the Productive Workers' Army began about three years ago. It's an initiative of self-organized workers. Here in Venezuela, it should be important to understand that with the crisis, the productive system has been suffering. These are workers who are highly capable trained workers who do initiatives, one-week self-organized voluntary initiatives where they go to a factory or a commune, and they help restart the technical, self-technical problems. It's important because it's not only about initiating and re-initiating the productive process, but it also shows that it's possible to solve problems. So there's a patriotic South-South initiative here where we could call it a gavarist perspective, voluntary work perspective. Different problems are solved. So we could say that there is jump-starting production, but there is also remoralization in the whole process. Could you talk a bit about the internal dynamics of these processes? What is the organizing process for these workers to come together and say, for instance, the administration, the decision? Basically, it's very horizontal, the process of organization. There is about 50 to 100 very committed workers, although there are about 1,500 committed workers who are voluntary, who can go at any time if they are called on it, who have said, who have expressed their intention to participate. But there is a group of workers who are sort of mapping spaces where there's problems in terms of production, and then there's proposals to go to a commune or a worker-run factory or a state-owned factory to solve problems from, I don't know, ovens that are not working, electrical problems, machinery problems, etc. So basically that would be, I would call it the processes, sort of spontaneous in the sense that people from all around the country are working class men and women who are involved in different experiences, kind of like spot spaces where there's a need, and then from their conversation with the people who are in charge of it, with the workers, with the commune people, is it started then from then on when there is an agreement to go to work in space, somebody from the workers party goes to do a diagnostic, and from the diagnostic, well then the whole process begins to recruit workers who have the capacities, the capabilities to address the problems that are faced in that factory, in that commune, etc. And you talked about the communes currently in Venezuela right now. So could you give us also a brief context about the functioning of the communes and their current situation? Sure, and actually I will say before that the workers' army, it's called the Productive Workers' Army, and now it's going also to focus on Campesino and communal work, so strengthening the ties, especially with communal organizations. So what are communes? Communes basically are spaces of self-organization, democratic self-organization for the reorganization, both in economical and in political terms of the society. The commune is Chavez's proposal for the transition to socialism in Venezuela. So they are territorially based, they are not based on a factory, for instance, they are based on a territory, and there's both urban and rural organizations, communes. For instance, I can talk to you about one rural and one urban experience. The rural one, which is well-known, one is the Comunal Maisal, and the Comunal Maisal has a long plot of land that has been recovered through workers' organizations, through Campesino organization in this case, taken from private owners of land who had it unused, and there's a law in Venezuela, a law from 2002, that grants Campesinos the right to take land that's not being productive. So these Campesinos have taken land that was not productive and are producing corn, but they also have a pig farm, and there's other exercises in terms of production. So it's a main industrial agrarian production with the objective of, well, of course, producing and addressing the problems of the people, but also the processes of organization are highly democratic, where the assembly of the people, of the community is the highest instance, and then there's delegates, we could say, or representatives who have different responsibilities, but it's a highly democratic form of organizing society, of reorganizing society, and for us, for Chavismo, for the left of Chavismo, we can see there are many of us, we can see that really the commune is the way to come out of the current crisis, and then with the productive workers' army, which is beginning to work precisely with communes, we have committed to helping jump-start production faced with the problems that I was telling you earlier, the problems with production under the crisis. Thank you so much. That's all we have time for today. Keep watching People's Dispatch.