The presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at<PHONE_NUMBER>. Let's go to Ben and San Jose. Ben, what's going on, brother? Hey, Tom, how you doing, man? I'm doing great, man, yourself? I just wanted to thank you and your team and everything. I've been using your technique with the 10-minute charts, watching the vicks, and just making a fortune here on the futures. Isn't it interesting? That's awesome, man. It's wonderful. Thanks, Tom. I appreciate it. Okay, man. Have a great one. Have a safe one. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien of TFNN. We go five days a week. We go seven hours a day. We go 24 hours a day on the internet at TFNN.com. Always remember, folks, whatever you think about, you bring about whatever you focus on grows so everyone's having a great day, safe day. It's not going to be a great night, folks. Getting better. By tomorrow, I might look normal, cultivate wisdom. You don't need to accumulate knowledge to become wise. Anyone can become wise. When you become wise, you respect your body, you respect your mind, and you respect your soul. When you become wise, your life is controlled by your heart, not your head. Knock it wise. Let's take a look at it out here. We have the Dow Industrial's Dow in 27, Nasdaq off 144, S&Ps off 27, Gold contract down $11.10 trade at 19.36 an ounce. You have Silver Flat, $23.38 a barrel, an ounce, Lightsweak crude, got a nice bid up about $60, $88.88. Notes and bonds. You get the 10-year note, up two ticks trading at 109.27, you have the 30-year, up 11 ticks at 119.13 and King Dollar. King Dollar's a trip, man. There's no two ways about it. You got King Dollar right now. Yeah, she's stopped doing that to me. Up 151 ticks, trading 104, 719, the year was at 107. The yen is trading at, there we go. The yen is trading at 147. The British pound is at 124 to one US dollar. Our phone number is<PHONE_NUMBER>. Give us a call, folks. I want to know what's going on in your world and the world of the S&Ps. Let's take a look at them. What do you have? Well, what we have here is the battle between the bulls and the bears. But in both cases, right, you actually, you know, you can see when we bottom line the down, there's no sellers. When you go up, you know, if we go back to that, what's that, the 29th of August, that was a sign of strength there. You're just messing around with him, man. You know, the bottom line is that the spy yesterday did 60 million on the way up. We're not going to do, you know, we're going to do about 52 on the way down. Now 52 now is going into that 83. So that's not enough to break down. We go to the queues. We take a look at the queues. You get the same type of setup inside the queues, which have with the queues out here. You're doing 30 million right now, down 420. You're going into 52, as well as 58. You need more sellers, you know, to get us to the lower market. Notes and bonds. Okay. So we've been talking notes, bonds, dollar. That's the correlations out here big time. So we had, in the note and bond market yesterday, you had a rejection of lower price. You had much lighter volume. And today you don't have any buyers either.  But when you go higher, you should have more than 842,000 also. We tested, you know, 2 million contracts yesterday with 900,000.  So the gold contract today got down into the 1929 area, a rejected lower price. Now this is pretty cool, man, because you only had 150,000 contracts. I think we're going into 178. We're going into 171.67. And then you got old Kingdala. So you get Kingdala. This is the number, man. This is so weird. It's not weird, but the bottom line, this is a magic number, you know, but still 104.699. Take a look at this. That's your swing. Put this up. It's been messing with this thing for a long time, man. You know, when you look at it, yeah, it's only five days. But this was trying to get here for a long time. And you can see right now you're at 104.711. So we're talking 699 and only talking, what, 12 ticks away. Let's go to John and Philly. John, what's going on, brother? Hey, big Tom, thanks for taking the call. And by the way, thank you for reading the note regarding Bud in Taps yesterday. That was just terrific. Wasn't that cool? Yeah. It was so cool that, you know, Nancy sent it to us. Nancy is the wife, of course, and I'm so glad I got it yesterday. It really worked out because, you know, the day before was a year from his passing, so it was pretty cool. Right. Right. Tom, I would like to ask you to take a look right at the top of your show here. GDX, please. I'm going to listen to you off the air, but I wanted to share my observation. Okay. Comix Gold has been bleeding lower for now seven or eight consecutive training days. Cool. Interestingly, GDX is up today and well off of that August 21st low. Yes. Could you look at that and share with us what your read of that phenomenon is? So I thank you in advance. I'll take this off the air. Okay. Cool, John. Have a great one. Have a safe one, man. Yeah. What's happening here, folks, is this, is that, you know, it's easier to jam the future market than it is to jam the GDX. That's the first place, you know, and the GD, the futures market, gold in the futures market has really held up well for the dollar being as high as it is. You know, my take is that, you know, the 104, 699 is going to fail. The GDX itself, okay, you know, is going to need more volume, but, you know, it came back to its strength, came back with tremendous, no sellers, man. It came back with 13 million shares going into 38, 38, no, 30. I mean, that's how, that's how you want to see a retracement, man. That's like a, that's like insane, you know. So bottom line is that this wants higher price. Now when you go inside the gold market, meaning the equities, you still have some heavy divergence, you know, there's a few of them that, you know, don't look that great. But overall, you know, as you can see with the GDX, the XAU, the HUI, they're all up. So that says quite a bit, because the bottom line is that, you know, they're buying them.  The gold bugs index rejected 219, you're trading 223. And both of those also had anemic volume when it was trying to test, when it did test, the strength as it came off the bottom. Stay right there, folks. Come right back. Currencies, commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kekstat's Tiger Forex report. Teddy Kekstat 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's 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.com, TFNN Educating Investors. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real time analysis and trade recommendations delivered straight to your inbox.  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. 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 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. Welcome back, folks at Dow.  Let's get over to our mam, Mr. Basil Chapman, as we do each and every Tuesday. And don't forget, folks, Basil has an outstanding show every trading day, 10 to 11 Eastern standard time, also a great newsletter, mastering the opening call. Now, it's very easy to get the opening call, folks. You can come over to our website at TFNN, you can go into newsletters, you'll see it on the left-hand side, the second one down. You can get the opening call for one month for $149, you get it for six months for $695, which is $199 savings, that's 22%, you can get it for one full year for $1195, which is a savings of $593.33%. Now they all come with a 30-day money-back guarantee. So the bottom line is that you can take any one of them you want, check it out. As soon as you get the opening call, what you're going to see is that Basil has about 12 or 13 great archives there.  So go check it out, folks. Great newsletter. Basil Chapman, what's going on? Hi, Tom, how are you feeling? You know, I feel good, man. I just look weird. Yeah, sometimes these things happen and we just have to cope with it, but you're doing great. Yeah, yeah. It's a lot easier talking today than yesterday, I can tell you that. Yeah, but it was important that... Exactly. You're going to not do the program. Right. Brad was that terrific. Right, right. I've seen him a lot. Yeah. So, you know, I thought I'd just do this, just to kind of give an overview of where I am with subscribers to my opening call, using the techniques in the Chapman Wave methodology. Okay. So I'll just do a quick review. So using one of our particular indicators, these technical tools, I always talk about it. It doesn't mean anything. It used to mean a lot when I talked about my Sears and Roadbox toolbox. I don't even know what Sears and Roadbox is anymore. But anyway, I have just a plethora of tools that sometimes you need them and sometimes you don't. Sometimes I just put the moving average on the chart and just wait for it to come and hit that particular level and then it becomes important. So let me just go through this. On the left is the Dow chart. In the middle is the weekly Dow chart. On the right is the monthly. So on the left, you can see it's got these notations. It's got this extension. It's got this blue line and a parallel blue line that's called the Chapman Wave, a one-to-one parallel extension. It's basically like your A to B equals C to D. That's the use here. But it comes about when I've got a pattern that I call the falling X where I've got lower lows and much lower highs and much lower lows. Then all of a sudden, it forms a support level. It looks like this forms a support level. And out of the blue, what looked like a terrible chart becomes a very positive one because you got this cup formation. And then once it breaks this resistance line, you can go one-to-one to the upside, which is what you saw over here. What's important also is I'm looking at basically three patterns, straight up, straight down, cup formation, arch formation. The cup could be a V and the arch could be an inverted V, but it's basically going from one point down and then back to that point. So if it comes down sharply and with the first or second peak called alphabetically peak A or B, the second one, and takes out that left-side low, it can go quite a bit low. You can just see the little bit of a chart you're looking at here. You went down sharply. There's that straight line. Then it fails at a peak A and B, and then it turned down and took out that left-side low. Then it did it again at a peak A. So that's important. So this technique is called the dreaded H because if it's red, because if it takes out that left-side low, it can go a lot lower. And on the right, you've got the reverse, the green, very positive reverse Y pattern. If it takes out the left-side high, you can see right here, that's a little Y pattern there, that little cup formation, took out that left-side high, went much further. Then there was another one, almost like a V, went up to that peak E-top at 34,257 on the 1st of May, yeah, 1st of May. Yeah, this is the last one, so that's still from way back. So using these techniques, very simple techniques. They look complex because I like to keep them on the chart so that subscribers, when I'm in the den during my show, 10 o'clock to 11 o'clock Eastern time, people can see these things. So there's another technique that I use, this falling axe pattern, the lower highs and much lower lows. And you get, I make it parallel, a little mini-channel at the outer end. And look how it becomes a repellent zone. Every time that does the Dow data, every time it got there, it made this H pattern and then it started to fail. So I use a particular technique, using on-balance volume. So we've got the exact high on the 1st of August at 35,679 to go short, we still short the Dow, because we keep making these arch formations. So it's fascinating because the data is in a sell mode. The weekly hasn't yet generated sell signal, it's still in the buy mode and the monthly chart is the same thing. So I thought I'd just go through some of the patterns, I'll go through them in more detail during my show, say tomorrow morning at 10. But there are a couple of other things that I do as well. So you've been speaking about the dollar. So the dollar, I use another technique, I call this the technical tool of last resort, and that's where I look at the 9 period moving average over the 14. And one of the things that I've been looking at and one of the reasons why I used one particular tool to get the Dow top, but it was really nine sessions later when the 9 period finally crossed negative and said, uh-oh, now you've got a problem. So the dollar is exact, I'll be still on the dollar for subscribers to my opening call. The dollar has had a really good rally, but you can see this green 9 period moving average is still way over the 14 period moving average. So I always have to put it in timeframes. If you look at the weekly chart, it feels like a big deal, but all that the dollar has done ready has just gone from the lower boundary of the rectangle, went under it, made this H to a lowercase M pattern, and now it's reversing and it's making the cup formation. So the big thing for me is the dollar on a weekly basis, it can do it intraday, it'll be fabulous, but on a weekly basis, if there can be a close above this high, right here, the week of the 10th of March, with a high, this is the dollar index, a high of 105, 88, if there is a close above that, that will say that is very good action. Right now it's really, I treated more as a counter-train rally, but it has significance because it coincides with many other things. So I just thought I'd show this pattern, and then I'd spoken to you last week, there's a particular stock that we have, which is in the uranium area, EUC, this is, the name is called uranium energy core, the symbol is UEC, so I had drawn in this pattern for subscribers, first I drew in this cup formation, the one I was talking about before, and within that I have what I call symmetry, where the bars on the left side equal the number of bars on the right, and you can see I drawn this in, this particular pattern goes all the way to, right there, it goes to the 9th of August, and on the 10th of August, the number of bars on the left from the 388 high, it was way back, whoops, way back here, in February, finally came through, and it went all the way to that level, and the whole thing about this nine-period moving average, look at it, it's still green, it's still green, even as you speak, it's green, so we're in at about $3, and we saw along at about $3.48, and here it is at 486, we took another, we're taking a little bit off, we took about a 42% gain, but we still have this core because another technique that I use is a Chapman wave cup and ladle pattern, and it says that if after the left side, look, there's a sharp pullback, you break through that left side in leg C, you should still go to D, and look, here's this bar, the symmetry, and we've broken up, so this so far is a nice pattern that we're looking at. Folks, come over to our website at TFNN, you're going to go to Newsletters, you go to the, as soon as you hit it, you'll see the opening call on the left-hand side. Bowsley, you have a great one, safe one, we look forward to show you tomorrow morning. Thank you, Tom, you too. Okay, stay right there, folks, come right back. 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 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 4.00 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 TFNN has just launched their new trading room, the Tiger's Den, 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 Tigresses for just $1 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'Brien 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 Tigresses 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. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit watch Tiger TV. That's TFNN.com. And hit watch Tiger TV. Welcome back folks to the Dow. The industry is down 42 Nasdaq, down 146 S&Ps off 30. And you know, if you saw that game last night, folks, you know, Aaron Rodgers big deal coming to the Jets, Jets and the Bills and third play he rips apart as Achilles heel. The poor Jets fans have been through everything. Now the Jets won the game. But you know, we talk about we're in the risk business and it's like I was looking at that contract. So Rodgers has a 78 million guarantee for two years. He has a three year contract with 78 million guaranteed. So we'll see how this goes. Hopefully, you know, he's out for the season though. It's pretty intense. Let's go over to our man, Mr. Tim Ord, as we do every Tuesday and Thursday. And don't forget, folks, you can get hold of Tim every trading day at www.Ord-Oracle.com. That's www.Ord-Oracle.com. Tim Ord, what's going on, brother? All right. I sent some charts over. We can start right off the charts if you want. Absolutely. And no matter what market we're talking about, Tim, these bulls and bears that seem to be fighting like crazy where it's kind of sloppy like you've been saying for a while, but what a trip, right? So the first one I have is the GDX. Is that correct? Yeah. Well, actually, we can skip if you want to look at the S&P's a little bit. Okay. Which one was that? The chart four. The chart starts at chart four. Okay. Cool. And because you're talking about that, and here's what I'm looking at. You got chart four there? Yeah. Well, the trend? Yeah. It's a trend. Yes. So this kind of looks at the bigger picture. Really, it's been over the years. It's been pretty accurate. But anyhow, the bottom window is a 10-day trend. Yep. And the pink up and down areas is when the trend gets above 1.2. So you really, on a 10-day trend, anything above 1.2 chances are you're going into a bottom. And the more you get of them, the more sniffing that bottom is. And if you look over the last, this chart goes back a couple of years, almost two years. And I've highlighted that area, which is between 365 to 390. That's a massive support area because that's where the 10-day trend was up around at least 1.2 and higher. So the bill of base went sideways for about a year. Then we rallied out of that area going into the current timeframe. And what I really want to point out here, if you go to the bottom window again. Yes. You need really to say when you get up to 1.2 is really you're building a base. Right. Because that's when markets panic. When markets panic, you're building a base. If you don't have panic, you don't have a base. And usually anything around 1.9 in the lower is usually kind of a very sign for the market. And I got that noted with the kind of green area across the chart there. A lot of times it came to the highs. The last time we got there was in June. And we're 0.95 right now. We're awful close to that area. So we're not seeing any panic in this sideways move. We almost got like euphoria, I guess. Yeah. And at 1.9, you certainly do, man. Yeah, right. Yeah, kind of euphoria, everybody. There's no worry in the market right here. And so until we do get worried, and the trend is to get up to 1.2, you don't have a worthwhile bottom. So I'm thinking this at least sideways. I think the upside at the moment is done. And it won't get a bottom until we start seeing the trend. The 10-day trend gets up around 1.2. And I think that's probably going to happen in October. It's not happening in September yet. And I may, you know, when these things, to get that trend going to 1.2, you actually need a decline. Yes. So I don't know how the next decline is going to be, but I don't see a worthwhile bottom here for me here. And there's still a possibility we may get down to 4.20, which is basically the previous highs. And we broke out of that high area with a sign of strength. And so I think we could pull back to 4.20, which is a long ways down from here. I don't know if we'll make it. But I can see that because. You'll see a trend of a 1.2 or higher. So we haven't got that yet. No, I can definitely see that because, I mean, you were getting the trend readings that you needed at 4.33. I mean, that wasn't even a big retracement. And people were basically saying, hey, man, I'm getting out of here. So 4.20 is a whole different ball game, man. You know what I mean? Yeah. Yeah, yeah, 4.20. So that's pretty important. So let's flip to 5 real quick. Okay. Just a short-term picture. And you got it up there? Yes, I do. Yes. All right. Okay. Last, yesterday, we had a little gap on September 6. I got that pointed out in red. Yeah. Gap tests on ladder ballings perish while we hit it yesterday. And so I'm thought, okay, that we couldn't get through the gap. So most likely we'll go down. If we can't take out the previous high, which gap is considered like the previous high, gaps are resistant.  Well, the previous low is the last week's low. And so I'm thinking we're going to go back there. And if you're looking at the trend today, you know, we're not doing much. So I don't know. And this is expiration week, which normally leans bullish. So I don't know what's going to happen. Maybe we go back to the bottom of the trading range, which is the August lows. That's a possibility. It's kind of hard to say here. You know, I'm afraid to bet on either side here going on. I can see that. It's almost like, you know, we're still in summit trading. It's sloppy. You know, you don't have buyers and offsellers. You know what I mean? Every time we go up, the volume drops off.  The volume is going to be anemic today on the way down. It's unbelievable. Well, actually, I'm watching volume today. I want volume to be higher than yesterday. No, I know that, but it's not going to be. Yeah, so you can keep going down at least. Right.  I think we will probably break yesterday's volume. So we're testing yesterday's low and higher volume. So we'll probably go a little bit lower and maybe go back to what's the last Thursday's low or whatever. I got, Tim, right now on the NYSE, I only got 395 million. And, you know, normally when that happens, you know, yesterday we did, let's say, we did 895. I mean, I think we'll probably do like 750 or something. But I, and, you know, 30 minutes, I don't think we'll see. Well, we know how this goes at the end of the, you know, that's where the volume comes in. So, yeah. Right. So anyhow, I usually get more excited about the market when everything started blowing apart. Oh, I agree. Listen, I agree. I'm not. I definitely agree. Yeah, right. And you get this dull drum, I guess. It rallies, it can't go anywhere, declines, it can't go anywhere. But, you know, the best trades come out where the maximum fear is. And that's when VIX is rising. Yes. And actually, if you look at the bottom window or second window up, that's the VIX, which is a little bit troubling here. You only got 13.92. That suggests we're still in an uptrend. Yeah. But, you know, the bottom window, which is a 10-day trend, is down to 0.95. So it's kind of a contradiction. Normally, so I don't know, there's no fear here whatsoever. No, there's not. No, there's not. And so, you know, I'm waiting later. I think the October scenario is going to fold out because I think the bigger trend is up, I think, for the years out, we are going to break some new highs. But we need a trend up around one, a 10-day trend up around 1.2 to get enough power to get this thing going up to the upside again. Good scare first. Stay right there, folks. Tim Oud, Tom O'Brien, we're going to be coming right back. We have the Dow Industries right now down 26. Nasdaq's up 145. S&P's down 28. Don't forget, folks, you can contact Tim every trading day. That's the great newsletter. It's oud-or-d-oracle.com, oud-oracle.com. Tim and I come right back, folks. 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 in stock prices.  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. Direction's daily S&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 principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor Four Side Fund Services, LLC. $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. Thursday, which chart would you like to look at? RSI works better than the 10-period RSI. And when the 10-period RSI of this ratio gets below minus 25, you're looking at a bottom. And the last time the signal on the bottom was last August. And if you notice last August, that was a decent rally. So it fell back down again. It's currently in a buy signal right now. And this is an intermediate-term type scale. So these type of signals are going to last a year. Couple of years, sometimes three, four years. So it's on the bigger time frame. So it did pick out last year's low. Now it's picking out another low.  So anyhow, we're still below the RSI on the 10-period. 15.42 is put as of today. And then below 25 is a buy. So anyhow, it's on a buy signal. So that's the bigger time frame. That predicts market is making a low. And this percentage doesn't say, yeah, we're made up. Already seen a low. We could go. We may be seeing it right now, whatever. But we're in the vicinity of making a bottom right now.  In fact, we had a call at the beginning of the show. But yet the GDX is hanging south, you know? So it's pretty cool, you know? I mean, so that ratio is rising then. So gold's down and GDX holding steady. So that ratio is rising. So that's a bullish thing. So when XAU or GDX outperforms gold, that's what happens to bull markets. The issues will outperform the gold price. And so you want that ratio to go up. So I'm not looking at gold right now. But anyhow, let's flip to the second chart. And this is chart number two, which is the bottom window. Makes the most sense. And this is the 50-day average of GDX up-down volume percent. So it measures the volume up and down. So the next one higher is GDX advanced decline percent with a 50-day average. But I found over time, the up-down volume is more accurate than the advanced decline. So wherever that may be. But anyhow, we talked about this particular indicator in the past. Oh, yeah. And when it hits it below minus 20, which it did back in July and did it before the previous July, and did it before it looks like about August or September, the last three of them hit below minus 20. Well, when it hit below minus 20, the market flips sideways in general. Even though it kind of makes a little bit minor lows, the downtrend in general is over. And the market can flip sideways for back in 2021. It flipped sideways for six months before the rally began. And in 2021, it flipped sideways for four months. We've been going sideways now for about three months. So we'll do for about a rally to begin. And for this rally to begin, you need this indicator to close above zero. When I sent this out to you this morning, it was minus two and change. So it's at zero but not above zero. Now we did get above zero last week, kind of came back down, but it's hovering right around that zero level. And what you're saying is you needed above zero, not at zero, correct? Well, it's right now as we're put, it's below zero minus two. No, I'm with you. I mean, but we wanted above zero. You wanted like a plus one or something, right? Yeah, you wanted plus one, right? We did do that last week and didn't quite hold and fell back down a little bit below zero. So you're kind of building momentum here a little bit as hovering around zero. But the majority of the rally begins when that indicator is above zero. And all the blue stuff you see on the chart is when that indicator is above zero. So sometimes the rally can, so this is like an intermediate term rally. So normally these rallies last several months. You know, the last one we had, only lasted probably a couple of weeks. But majority of the time, once they get going, a lot of times, if you look back in 2019, 2020, it stayed above zero for at least six months there. I should have gone back further. So we're hovering right around where the impulse wave just about ready to start. So this is their midterm because this is a 50 day average. Yes. Okay, we'll go to chart number three. Or yeah, chart number three now. Okay. So now you're into the short term time frame. Yeah. So this is, these type of signals can last several weeks or even a several months or even a couple of weeks. But this one is on a bi-signal. And the bottom window is the 18 day average of GDX up-down volume percent. The next window up is the 18 day average of advanced climb percent. So the blue areas when both indicators are above zero and the pink area with indicators are below, or excuse me, this is minus 10. So I don't want to confuse anybody, but the 18 day average of the up-down volume advanced climb indicators need both be above minus 10, above minus 10, which they are today. One, the bottom one is about plus two and the next one higher is about plus one. So both are above minus 10. So this is saying right now that at least the short term rally is beginning and the short term rally keeps going up and holds above minus 10, say for a week. Let's go back to chart two. That most rightly will flip that 50 day average up above zero. I love how you break this down. I know man, it's so cool, right? You get the short term one going, the short term one will get the 50 day one going. Yeah, that's what I'm saying. So it's kind of been going up and down on the short term here because you got pink, blue, pink, blue, whatever. So it's kind of getting momentum, but it's not holding up. But if you also notice over the last end of August to current level, the price of GDX is actually lower. You see that? I drew that red arrow line there. I see that, yeah. On the GDX. Okay, if you look at the up-down volume, the bottom window and the next window up, they're making higher highs, both of them. Yes. So that's telling you the internals of the up-down volume, advanced client indicators are stronger than what the price is saying on GDX. Right, right. So you got a positive urges going on here. So we may stay above in the blue area longer because we've got a positive urges. And we may, you know, if we can hold above, you know, the minus 10 area for another few days, most likely chart number three will get above zero and stay above zero. Yeah. That's what I'm saying. Well, you know, and the short term chart needs to stay above the minus 10 area. Yeah. If we go right back to the gold contract today, it's interesting, man. They jammed it down to 1929. Yeah, it's a 1936. Sills down 11 bucks with the GDX, you know, the bottom line, it's still green. So this is the XAU and the HUI. So listen, Tim, I love your breakdowns, man. You have a great couple of days, safe one because I'm going to be talking to you on Thursday, man. All right, see you then. Thank you, man. Stay right there, folks, who come right back. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox.  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. 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.  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 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. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Welcome back, folks, to the down-industrial Sound 8, NASDAQ off 131 S&Ps off 25, and 8.30 tomorrow morning, folks, CPI. And that's the bottom line is that if inflation is pulling back, we're going to see it. And my take is that inflation is pulling back. I mean, it has pulled back dramatically, not in a small way. So we'll see how this baby shakes out tomorrow morning. And that's going to make a huge difference what the market will move. The dollar's going to move, the S&Ps will move, the bond market's going to move, all the above is going to move. Let me just see if I'm wondering what they're looking for. So, okay, so the survey is 2.10 to 1%. Interesting. I mean, if it's a 2.10 to 1%, man, the bottom line is that you're at 2.4% inflation. And that was pretty quick, right? And yeah, that was about as quick as you can get. Oh, that, okay, no, no, I'm sorry. That was the release on August 10th. So we'll wait until the next one. Yeah, so we'll see where that baby shakes out. You know, my take here is that you're going to get a low one. The reason I'm saying that is that, so if we were coming into this and the market was going up with lighter volume, I would be saying, okay, we're going to get a higher one because what we're doing or not though, we're coming into this and the market's going lower and there's no sellers. So that's saying that what you're going to see is that you're going to have a lower one which is going to be bullish for the market. That's just kind of how pricing volume works. It's pretty wild, man. It really is. You know, Apple, Apple's having a hot time catching a bid and they have their pony show going on right now. It's Apple's down 310. It's right in 126, 176 right now. And you get big volume out of it. So they're going to have a hot, it looks like they're going to have a hotter time getting some of these prices they want for these new phones. Always remember, folks, the bank and Clio hot out the book and run you over and thank God there's always another trade. Health happens in prosperity. Have a great night, folks. Have a safe night. Come back and visit us 9 o'clock tomorrow morning. CPI is going to be out. A lot of good action tomorrow, folks. They'll get them, folks.


You and I are living in the atomic age. The peaceful atom, no longer just a laboratory dream, is here today working wonders, providing a happier, more abundant world for all mankind. Already, atomic development is a major factor in the American economy. Thousands of men and women earn their livelihood by harnessing nuclear energy for our benefit. The Chamber of Commerce of the United States is going to introduce you to just a few of these atomic wonders, miracles that are happening all about you, wherever you are, because the atom has come to town. The atom is on its way to brighten our towns and to help manufacture our most dependable and indispensable household electric power. Electricity that illuminates our lives frees us from drudgery and brings us in contact with all the world through radio, telephone, and television can now be produced from the energy within the atom. And to some of us at least, this is surprising news. You know, I don't know what I'd do without my new kitchen. Really, it saves me hours of work every day. But do you suppose that our appliances would run as well on atomic energy? Hey, Sam, you know that someday this machine of yours is going to be operating on atomic power? Yeah. Well, they can run it on kerosene if they want to, just as long as I'm still at the switch. It'll take quite a while before these atomic power plants even get built. I declare with all these atomic plants going up everywhere, I wonder if the girls even safe in her own home. I just hope they know what they're doing. Who's lead? I see by the morning paper we're getting an atom power plant here. I remember when this town got its first electric generating station. I was only a boy. Tom Edison himself came down for the ceremony's checkmate. Don't gents write about one thing. This town has sure grown up since he was a kid. I don't understand, why do we need an atomic power plant unless maybe it's to make free electricity? Yeah, I suppose that's the reason. Well, no, that's not exactly the reason. But never mind. A lot of other folks are just as confused about the real purpose of atomic energy. And it all begins with a particle of matter so small that it can't be seen under even the strongest microscope. The end of that billiard cue, for instance, could comfortably accommodate more than 1,000 billion billion atoms. But infinitesimal as it is, scientists know pretty well just how the atom is constructed.   All bound together by powerful forces. If our atom is split or fissioned, some of the energy is released. A few of the neutrons go flying off and can be made to split other atoms, which release their energy in a chain reaction. Tremendous heat is generated and it is this heat that can be harnessed for our use. Every element in the world is made of atoms. But only the atoms of a very few elements can be split in this way. The most important are uranium atoms. Potential energy in just one tablespoon of uranium equals the muscle power of 40 million strong men working for an hour, or the heat from more than 750 tons of coal. In fact, one tablespoon of uranium is potentially capable of making enough electricity to meet all the needs of an average size city for a full day, or your own home for about 500 years. But this is potential atomic energy. In actual practice, only a small amount of the uranium fuel can be burned or fissioned. The trick is to make electric power economically from this usable portion of the fuel. Atomic engineers begin with the simple energy conversion principle by which most of our country's electricity is already being produced. Fire can be used to make steam, and steam can be used to turn a pinwheel. If the spinning pinwheel is attached to a magnet, the invisible lines of magnetic force can be made to cut across the turns of wire in a coil, generating electricity. In today's modern electric power plants, this is exactly what happens. Coal, oil, or gas is burned in huge boilers which produce steam at tremendously high temperatures and pressures. The steam spins a large turbine which drives a giant generator to create the electricity we use. In an atomic power plant, a reactor is substituted for the boiler. The reactor is a special chamber in which atoms of uranium fuel are split, releasing their pent-up energy in the form of heat. Of course, safety devices are added, including dense radiation shielding and special enclosures such as a steel spear. Otherwise, an atomic power plant is just about the same as any other power plant. It will produce the same kind of electricity and run the same kind of appliances and machines as we are using now. Over the years, our consumption of electricity has increased enormously. Ten years ago, the average use in an American family was about 1500 kilowatt hours of power a year. Now, with so many more household chores being done electrically, about 3000 kilowatt hours are needed. And 10 years from now, the average American family may be using twice this amount. The same thing has been happening in our factories. In 10 years, twice as much electricity will be needed to maintain our increasing rate of productivity. Already, the United States, with but 6 percent of the world's population, uses over 40 percent of the world's electric power. It's one reason why we enjoy the highest living standard of any nation in the world. In the years ahead, our electric power consumption will continue to increase. More for our homes and more for our factories will bring the nation's total demand to at least four times the present level by 1975. Right now, most electric power is made by burning coal, oil or gas. But all those supplies of these fuels are adequate to meet demands for years to come. They are not inexhaustible. Besides, these conventional fuels are needed for many other important purposes, in addition to the generation of electricity. As our power requirements increase, a new energy resource, atomic energy, will be needed to supplement our present fuel reserves. Fortunately, known uranium deposits exceed by at least 20 times the combined power producing potential of all the world's coal, oil and gas resources. Thus, the real purpose of atomic power development is to assure a continuing abundance of electricity. And already, progress is being made. This atomic power plant, built for the army, is generating small amounts of electricity at an important base in Virginia. Originally developed for use by the armed forces in overseas locations, this type of station may eventually prove useful in remote areas of this country. Near Los Angeles is another of America's early reactor projects, built as part of the government's nuclear power development program. A California electric utility has installed a power plant to provide electricity from the reactor heat on an experimental basis. Near Pleasanton, California is the nation's first nuclear power plant built entirely with free enterprise funds. As with every atomic plant, special attention has been given to safety. Automatic control equipment would shut down the plant instantaneously, if for any reason, fission began to take place too rapidly. A thick steel and concrete vessel would contain radiation even in the most serious kind of accident imaginable. Atomic power plants will be good neighbors wherever they are built. This is shipping port Pennsylvania, site of America's first full-scale atomic power station. When completed, it will be the largest known atomic plant in the world, devoted exclusively to peaceful purposes. But it won't make free electricity. No atomic plant ever will. Shipping port's complex nuclear apparatus and tons of concrete and steel add up to a multi-million dollar investment jointly shared by government and business. On the quiet banks of the Ohio River, genuine evidence of our nation's atomic progress. For the present, at least, this progress must be measured more by the nuclear knowledge we gain than by the actual power we generate. Electric utility executives must choose from hundreds of different designs, all of which are theoretically possible. The most promising must first be tried out in small-scale reactor experiments, then incorporated in actual power plants before their commercial value can be established. It's expensive research, but important plans are underway. This is a model of a 275,000 kilowatt station which will go into operation outside of New York City sometime in 1960. This plant, now under construction near Detroit, will have a different type of reactor capable of actually manufacturing more atomic fuel than it burns. By 1960, power from this atomic station will be furnished to a half million homes in the Chicago area. And in the hills of New England, work is already underway on this modern nuclear project. During the next 10 years, atomic plants will be springing up throughout the nation. As America's electrical industry, working in the pre-enterprised tradition, invests hundreds of millions of dollars in nuclear development. And by 1975, the atom may provide a substantial portion of our total generating capacity. The world will have a brand new energy resource, one that will be vitally needed to assure an abundance of economical electricity for light, for power, and for our continuing high standard of living. But atomic energy can also be shipped in a can in the form of radioisotopes, mysterious products of the atomic age that start out as ordinary elements but become radioactive through exposure to atomic fission. Their radiations are invisible, yet so powerful that just one drop of radioactive water can be detected in a full tank car of ordinary water. At the Oak Ridge National Laboratory, where most radioisotopes are produced, an atomic drug store is maintained. Here, mechanical hands fill prescriptions for a variety of customers in every corner of the nation. One radioisotope user may be the hospital in your own town. More than 900 medical centers and clinics employ the atom in the fight against disease. Doctors have discovered that radioisotopes can be extremely useful, particularly in the diagnosis of specific ailments. One well-known technique is the atomic cocktail, prepared by mixing a few drops of radioactive iodine with ordinary drinking water. This simple drink, which serves as a tracer, is used by physicians who work with patients suspected of having thyroid trouble. And incidentally, one of its best features is its complete tastelessness. If, as suspected, the patient's thyroid is overactive, the iodine will concentrate in the gland in excessive amounts. Within 48 hours, the radioactive iodine can be traced with atomic detecting equipment. Sensitive instruments measure the thyroid's performance, giving the doctor an accurate picture of the gland's condition, and helping him decide on the kind of treatment the patient should have. Several other ailments, including some diseases of the liver and blood, can be diagnosed in much the same way. In larger doses, radioisotopes are also used therapeutically to control diseases such as polycythemia and bring relief for certain types of leukemia. Here at New York's Memorial Center, a cobalt machine is used for deep radiation of cancer. This rotational therapy is similar to x-ray treatment, but the new equipment using a radioisotope source is more flexible in its ability to reach the malignancy. At the New England Deaconess Hospital in Boston, the cancer operation is in progress. As the diseaved tissue is removed, a specimen is kept for basic research on the behavior of cancer cells under atomic radiation. In the research institute adjacent to the hospital, the specimen tissues are quickly processed and then they are incubated in a special fluid medium which supplies nutrition and allows them to continue growing.  These are living cancer cells, functioning just as though they were still within the patient. They are splitting apart in the process of mitosis, the way in which all cells multiply and the way by which the disease spreads in the body. Medical science is searching for a reliable means of destroying the cells completely through radiation. A small amount of radioactive material is placed over the laboratory culture. The cells are exposed for a short time to atomic bombardment. Here is a cancer cell actually dying after radiation. Its furious struggle to split is of no avail and its malignant growth is halted. If it were still within the patient's body, it could no longer threaten his life. Many hours of painstaking research lie ahead before these laboratory successes can be translated into actual clinical practice but each day medical science moves closer to the complete conquest of this dreaded disease and already through the healing power of the atom we can all look forward to happier, healthier lives for ourselves and our families. The atom has come to the farm too. With radioisotopes, agricultural specialists are learning important new facts about plants and livestock. These youngsters may not realize it but they're growing up in a unique laboratory at the University of Maryland where their mothers are cooperating in some highly unusual research. The ordinary dairy cow is a remarkable factory. She's one of nature's few animals capable of converting grass into milk. Yet how she does it and why some cows give more milk than others has largely remained the mystery. Now some of the answers are being discovered with radioisotopes. Various chemicals similar to those the cow might get in her regular food are harmlessly injected into her bloodstream. The chemicals have first been tagged with the radioisotope but since the cow doesn't know this she processes them just like any other diet and later she returns them to the professors in the conventional manner. In the laboratory the sample is broken down into its major components to see how much of the radioactive injection was actually converted into first quality milk. A Geiger counter provides the data with an accuracy never before obtained. New clues to cattle nutrition which will mean more milk and better milk on our breakfast tables. Even the dependable cow is getting health from the atom that takes place every autumn in the Southland. The peanut harvest governmental farm operated by North Carolina State University. The peanuts being so carefully classified and tagged were grown from seeds radiated in atomic reactors. Radiation upsets normal hereditary characteristics creating new plant families with widely varying qualities. Plant biologists select only a few for development into permanent strains. Experimental cultivation of these new varieties has been encouraging. There is a good chance of boosting acreage yield by 10 to 15 percent and the atomic peanuts stronger resistance to blight may eventually save millions of dollars every year. These are giants created by radiation. We can imagine their future impact on the peanut buying public. Equally significant are the many manufactured products including the family car which are now being developed with atomic energy. Radio isotopes are among the more important research tools in Detroit. In factory laboratories automotive men assemble special engines with operating parts which have been made radioactive. As these unique power plants run on the test stands any metal which wears away is collected in the lubricating oil and the oil is circulated through an atomic scintillation counter. Being radioactive the most minute metal particles can be detected providing an accurate indication of the rate of engine wear. This is vital information for the men who are now designing the better cars of the future. The tires on your car also wear longer thanks to the out for nowadays radio isotopes help check quality. Much of the strength in an automobile tire comes from its nylon core to which just the right amount of rubber coating must be added for maximum safety. After the coating has been applied the fabric passes under an atomic thickness gauge. This device can tell immediately whether the proper amount of rubber is being added. If there is a fraction too much or too little the gauge sends back a signal and the machine is readjusted. This is automation a giant rubber mill controlled by invisible atomic rays and it means a safer set of tires on your own family car. Paste may be a product of the atomic age. These teeth which have first been made radioactive at Oak Ridge are being scrubbed with a new toothpaste containing stannous fluoride a chemical which makes them harder to dissolve. After their laboratory brushing the teeth are dunked in acids similar to those which are formed in the mouth and cause tooth decay. The acid solution if it does succeed in dissolving any of the tooth enamel must also pick up its radioactivity which can be accurately measured in a Geiger counter. The count is low indicating the new toothpaste with stannous fluoride will do its job of preventing cavities. Home from a trip you may have been carrying an atomic suitcase. At least its tough plastic skin which absorbs the abuse of baggage rooms and luggage racks may have been made in machinery controlled by radio isotopes. An atom ray thickness gauge sends a specified amount of radiation through the plastic as it travels between the rollers making sure that thickness stays within prescribed limits. Already more than 1200 American businesses are using the atom to help manufacture their products from raincoats to razor blades. Yet it's really just a beginning. In the next few years atomic radiation may lead to major changes in several of our most important industries particularly the petroleum industry. Nowadays only one in nine exploratory wells pays off as oil becomes harder and harder to find. The earth still holds plenty of oil hidden within certain types of rock strata but no one can tell ahead of time just where these formations are located. Drilling operations must be halted while samples of rock at different depths are cored out and brought up for inspection. Thousands of feet of pipe are yanked from the well and lassoed to the top of the dairy breaking time consuming expensive work. At last from a depth of almost a mile the cored out rock reaches the surface and is quickly rushed to a laboratory for detailed chemical analysis. Oil companies have been searching for a better means of identifying mineral formations below the earth. Now atomic energy may offer the answer. In the research laboratory various types of rock are collected and prepared for testing. Since every mineral reacts differently to radiation scientists can now identify specific rock strata by their radiation response. A particle accelerator or atom smasher is used to bombard the rock specimens. The test is ready. The room is evacuated. The accelerator is energized. As radiation intensity builds up the reaction of the sample is recorded providing definite identification of many of the mineral elements in the rock. Now just one additional technique remains to be perfected. Engineers are experimenting with a portable downhole radiation source. With this miniature atom smasher oil men may be able to obtain instrument readings at the site and by comparing them with laboratory data already gathered correctly identify the rock formations below. Radiation will be the eyes of the geologist allowing him to see literally thousands of feet below the surface of the earth to where our hidden resources lie buried. But there is yet another way by which atomic energy may revolutionize this same industry. Eventually radiation may be employed to produce completely new kinds of fuels and lubricants. These engineers are preparing an experimental device in which crude oil can be maintained under conditions similar to those in a full-scale refinery. In a few minutes this test apparatus will be exposed to radiation from an atomic reactor built expressly for this type of research. The reactor is constructed like a swimming pool half of which can be drained while the operators prepare the experiment. After the test device has been firmly anchored to a movable rack it too is covered with water. Experiment is moved into position next to the reactor's uranium core. When the chain reaction starts atomic bombardment will literally tear apart the petroleum molecules. But this change in molecular structure may lead to better fuels in your automobile. Everything is in readiness for the test. Control equipment is switched on and the reactor comes to light. We will be watching atomic fission. As the speed of the chain reaction increases the core begins to glow. It grows brighter and brighter as its penetrating stream of neutrons strike home. Though no one can foretell the exact results of this particular experiment one fact is clear. It is through research such as we see here that our greatest hope for the atom will be realized. And in a free country with a free enterprise economy there are no bounds to what man's creative ingenuity can accomplish. Already atomic energy can bring us electric power, cure disease and relieve suffering, help raise our food, produce our material goods, make our homes more comfortable and our communities more prosperous. Yes, the atom has come to town. This has been a presentation of the Library of Congress. Visit us at loc.gov.


We know that changing magnetic flux induces some emf in a coil. The goal of this video is to figure out the magnitude or the amount of that emf generated. Let's start off by bringing back Faraday's experiment setup. Now Faraday used an ammeter in place of a lamp here. Ammeter is an instrument used for measuring current. For our purposes let's use a lamp, and whenever there is induced emf in a coil we should see the lamp glow. Now it was observed that when this magnet is moved towards or away from the coil the lamp started glowing, which meant that there was some induced emf in the coil. Let's see the magnetic field lines. Now when we move the magnet towards and away, see how the lamp glows. And this led Faraday to conclude that whenever magnetic flux through the coil changed there was some emf induced in the coil. It was also observed that the bulb glowed brighter when the magnet was moved faster towards or away from the coil. So for example if we take four seconds to move this magnet from this point right here to this point the bulb glows and there is some induced emf and it could look like this. Now if we move the magnet between the same points in two seconds if we reduce the time by half notice how the brightness of the lamp changes. I'm sure you must have seen that the brightness of the lamp increases and it turns out that the emf induced in the coil in two seconds was double the amount of emf that was induced when we took four seconds to move the magnet between the same points. Now if we reduce the time by one fourth if we take one second to move the magnet between the same points again notice how the brightness of the lamp changes. And there you go. Again we saw that the brightness increased and it turns out that the emf induced in this case is four times the emf induced when we took four seconds to move the magnet between the same points. This led Faraday to conclude that the magnitude or the amount of emf that is induced is equal to the rate at which the magnetic flux through the coil changed. And this can be expressed mathematically just like this. This right here is called Faraday's law of electromagnetic induction which says that the emf induced, the amount of emf induced, the magnitude of emf induced is equal to the rate of change of magnetic flux through the coil. This negative sign over here is called Lenz's law and this law helps us predict the direction of current in the coil. We will not be focusing on Lenz's law in this video. We will talk about Lenz's law in depth in one of other videos. For this video let's only focus on the magnitude of the emf induced in the coil. Let me remove the field line so that we can see this clearly. There you go. Now if we have only one loop and the magnetic flux through this loop changes, then the emf induced is directly equal to the rate of change of magnetic flux through this loop. If we have three loops then it turns out that emf is induced in each and every loop and the total emf induced is equal to the sum of the emf induced in each and every loop. So we add the rate of change of flux three times which gives us a total emf induced. If we have six loops then again emf is induced in each and every loop and the total emf is equal to the rate of change of flux in each and every loop. And if we continue increasing the number of loops that means you have to add the emf induced that many times. So if we have n number of loops then you multiply the rate of change of flux n times to get the total emf induced. Now this equation right here is used for figuring out the average induced emf. Average because we are figuring out the emf induced over a period of time delta t over some interval of time. This could be two seconds, three seconds, four seconds. There is also instantaneous emf which is given by d5 by dt. This is calculated when we are interested in figuring out the emf induced at any one particular instant in time. In this video we will only be focusing on average induced emf. So let's do that with a couple of examples. Now for our first case we have a region of uniform magnetic field and the strength of this magnetic field is two tesla. And let's say we have a square loop which is which has a side of six meters and it is moving to the right with a speed of three meters per second. Because it is moving to the right after some time this square loop will completely enter the region of uniform magnetic field and will look just like this. The question is to figure out the average the magnitude of the average emf induced when the loop has fully entered the region of uniform magnetic field. Why don't you pause the video and try this one on your own first. All right so we know that the magnitude of average emf induced is given by this relation right here. It's equal to the rate of change of magnetic flux. Now over here n is just one because this is just one square wire. There's no coil over here so n is just one. We need to think about the change in magnetic flux and also the time duration for which the magnetic flux is changing. So let's begin by thinking about delta t first. Delta t is the time duration for which the magnetic flux changes and the magnetic flux through the coil starts changing when the loop starts entering the region of uniform magnetic field. So kind of like this when the loop is moving to the right and at this very instant right when it starts entering the region that is when we should start recording our time. That is when we should start the timer for delta t. So we know the speed that is three meters per second. That means that in one second the loop travels three meters to the right. So that would look like this. It has travelled three meters to the right and the distance over here is this distance right here. It has travelled three meters to the right. Now if we take one more second then in one more second it will take further three meters to the right and the loop will move like this further three meters to the right. So now over here three meters is this distance right here. That is the point when we should stop the timer because now the loop has fully entered the region of uniform magnetic field and now when it continues to move forward there will be no change in magnetic flux because the number of magnetic field lines through this loop aren't really changing. So the time duration for which the magnetic flux changes that comes out to be as two seconds. Now let's think about the change in magnetic flux. That is delta phi. So delta phi is the final magnetic flux minus the initial one. We can think about the initial to begin with. Initially the loop is completely outside the region of uniform magnetic field and when that is the case there are no magnetic field lines passing through the loop so the magnetic flux is just zero. So that leaves us with the final flux. Now flux is given by Ba cos theta. We already know the strength of the magnetic field and we can figure out the area of this square loop which would be 6 x 6, 36 meter square. But what about this cos theta over here? Now theta is the angle between the magnetic field strength and the area vector. So in order to figure out what would theta be let's try and look at this setup from a certain angle. So let's say these are our coordinate axis and here is a loop. So we are looking at this setup from a certain angle. Now if we try and draw the magnetic field vector that will always be pointing down because these magnetic field lines are going away from you they are away from the plane of the screen. So the magnetic field vector could look like this. This right here is your magnetic field vector. And the area vector could either be along the magnetic field vector or directly opposite to it. So if it is along the magnetic field vector it would look like this. Now over here the angle between the area vector and the magnetic field vector is zero degrees. So that would be zero and cos zero is just one. It is also possible that the area vector instead of vertically down it's pointing in a direction completely opposite to the magnetic field direction just like this. Now in this case the angle between the magnetic field and the area vector is 180 degrees. So that is minus one. Now it turns out that the direction of the induced current determines the direction of the area vector and we can predict the direction of the current using Lenz's law. Again that is something that we will not go into this video. We are only interested in the magnitude of cos theta and in either case the magnitude of cos theta comes out to be as one. So now let's plug in the values and if we do that here is your magnetic field strength. Here is your area and the cos theta is just one. So this will give us the final flux and rather the change in flux to be as 72 vectors. Now when we put all of this the change in flux and the time duration in the first equation that will give us 72 divided by 2 seconds. And finally the EMF induced comes out to be as 36 volts. Now in our next example we have a coil between the two poles of a magnet and the magnetic field lines look like this. They go from north to south pole and this coil can be rotated in a clockwise manner just like this. The strength of these magnetic field lines is 2 tesla. The area of this coil is 6 meter square and we can say that this coil is made up of 10 loops of wire. So 10 loops of wire they make up to form a coil. So N capital N becomes 10 in this one. Now this coil rotates from an angle of 60 degrees to an angle of 180 degrees in 3 seconds. This theta is the angle between the magnetic field vector and the area vector of the coil. The question is to figure out what is the average induced EMF when the coil rotates from 60 degrees to 180 degrees in 3 seconds. Why don't you pause the video and try this one on your own first. Alright so the average induced EMF is given by the same relation which is N into change in magnetic flux delta phi by delta t and we are interested in the magnitude so we see the mod signs over here. Now we already know the time interval delta t which is 3 seconds in this one. So we only need to figure out the change in magnetic flux. Change in flux is final minus initial and flux is B A cos theta. So we can write change in flux as B A cos theta F which is a final angle. Minus B A cos theta i which is the initial angle. Let's try and understand how do these angles really look like. So for that let's place ourselves on top of this coil. Let's say we are on the top this is our i and we are looking down on the coil. So the magnetic field lines would look just like this. They go from the north end to the south end just in this manner. And to begin with the angle between the area vector of the coil and the magnetic field lines is 60 degrees so the coil would be in an orientation like this. If we show the area vector that would be right over here. Now theta that is 60 degrees is this angle right here. That is the angle between the area vector and the magnetic field. Once it has rotated by some degrees and finally the angle between the area vector and the magnetic field is 180 degrees. So in that case the coil would look just like this along with the area vector. You can see how the angle between the magnetic field vector and the area vector is 180 degrees. So theta 60 degrees to begin with. So that makes cos theta as 1 by 2 and theta 180 degrees after 3 seconds. So that makes cos 180 degrees to be as minus 1. Now if you plug in these values right over here. We should get change in flux to be as 2 multiplied by 6 which is the area multiplied by minus 1. Minus 1 because we are starting with the final flux. So it has the final angle theta f. So that is 180 degrees. Therefore this is minus 1. Minus the initial flux and that would be 2 into 6 into 1 by 2 cos 60 degrees. Now when we work this out this comes out to be as minus 12 that is the final flux minus the initial flux which is 6. This comes out to be as minus 18. So minus 18 if you take the mod it becomes 18 vebbers. Now if you place these values into the first equation that will become 10 into 18 divided by 3. 10 is the number of turns. Tie interval is 3 seconds and the change in flux came out to be as 18 vebbers. So the emf induced in this one is 60 volts.


You See In Our Lives We Have So Many Things To Complain About One Difficulty That Allah Subhanahu Wa'Ta'Ala Sends And We Start Complaining We Complain About Our Body Our Work About Finances About Our Risk About Our Connection With The People But Allah Subhanahu Wa'Ta'Ala Is Flipping This Completely Around Here Is Telling Remember The Good Times Remember Those Times When When You Did Have Things When You Are Blessed With The Na'amat With The Blessings With The Mercy Remember Those Times You See Sometimes It So Happens That We Go Throughout A Whole Day Without Saying Shukran Lillah We Go Throughout A Whole Week Sometimes Saying Alhamdulillah Sometimes It So Happens That It Goes A Whole Month That We Forget To Thank Allah Subhanahu Wa'Ta'Ala But Allah Subhanahu Wa'Ta'Ala Is Reminding Us Remember Of The Good Times That You Had In Your Life Be Thankful To Me And If You Do I Will Surely Increase You In Your Favors One Of The Companions Of The 9th Holy Imam SallAllahu Alaihi Wasallam Who Alai By The Name Of Abu Hashim Al-Ja'fari He Comes In The Presence Of Imam Muhammad Taqi Al-Hadi And As Soon As He Comes If The Imam Is Looking At Him And He Realizes Abu Hashim Is In A Not Very Good Mood He Understands That Abu Hashim Has Actually Come Here To Complain You See Many A Times You May See Someone From Far And You Know That Yep He Is Not In A Good Mood Today So Imam At The Same Way Recognize That Abu Hashim Is Not In A Good Mood Today So As Abu Hashim Comes In The Presence Of The Imam He Greets Him The Imam Responds To Him In His Greeting Before Abu Hashim Could Respond With And He Could Initiate Any Conversation Imam Starts The Conversation And He Asked Abu Hashim Which Of Allah Subhanahu Wa'Ta'Ala Blessings Have You Come To Thank For Today Have You Come To Thank Allah Subhanahu Wa'Ta'Ala To Have Provided You Eman Faith So That The Fire Of Hell Will Never Touch Your Body Or Have You Come To Thank Allah Subhanahu Wa'Ta'Ala To Have Provided You Well-Being And Health So That You Are Able To Obey Him Or Have You Come To Thank Allah Subhanahu Wa'Ta'Ala To Have Provided You With The Contentment So That You Are Never In A Position To Be In A Lowly Position Oh Abu Hashim Which Of Allah's Blessings Have You Come To Thank For Today Abu Hashim Hadn't Come To Thank Allah Subhanahu Wa'Ta'Ala For Anything Rather He Had Come To Complain Rather He Had Come With A Very Bad Mood However Imam Muhammad Al-Hadi Is Trying Tellers That Whenever You Or Yourself Is Looking At The World As A Glass Of Half Empty Water Turn It Around Look At The Glass Of Water In This World As Half Full Concentrate On The Blessings That Allah Subhanahu Wa'Ta'Ala Has Indeed Given You Has Surely Blessed You With And What's Beautiful Things That Imam Is Highlighting For Us The First Thing That He Highlighted Abu Hashim Was Oh Abu Hashim Have You Come To Thank Allah Subhanahu Wa'Ta'Ala For The Eman For The Faith That He Has Given You So That Your Body Will Never Justifier Of Hell Subhanallah Is This Reason Not Enough For Us To Prostrate For A Long Amount Of Time To Spend Our Lives In Prostration That Allah Subhanahu Wa'Ta'Ala Has Guided Us Either Raised Us In A Family Or Has Guided Us Later In Our Life So That We Believe In The Oneness Of Allah Subhanahu Wa'Ta'Ala With The Prophethood Of His Messenger With The Reliance Of Imam Ali Ibn Abi Talib And On The Ghaiba Of The 12 Fajr Al-Qaim Adjala Allahu Ta'ala Farajahu Sharif Is This Reason Not Enough For Us To Thank Allah On The Second Level He Says Oh Abu Hashim Have You Come To Thank Allah Subhanahu Wa'Ta'Ala To Have Provided You Health So That You Are Able To Obey Him Alhamdulillah I Have Health So That I Am Able To Stand Tall In Prejudice I Have Health So That I Am Able To Complete The Lengthy Fasts Of Shahr Ramadhan I Have Health So That I Am Able To Walk Long Distances In Performing Hajj In Performing The Ziyarah Alhamdulillah I Have The Ability To Talk The Ability To Recite The Holy Quran I Have The Ability To Think I Have The Ability To Interact With The Creation Of Allah Subhanahu Wa'Ta'Ala Properly Is This Reason Not Enough For Us To Spend Our Entire Life To Say Alhamdulillah On The Third Level What Does Imam Hadi Try To Tell Abu Hashim He Says Oh Abu Hashim Have You Come To Thank Allah Subhanahu Wa'Ta'Ala To Have Given You The Level Of Contentment That Will Make Sure That You Are Never In A Position To Go Out In The Streets And Beg How Many Of Us Alhamdulillah Shukrin Allah Can Say That We Have That Level Of Satisfaction That Level Of Contentment Qanaat That We Are Not In A Situation To Go Outside Of Our Home And Beg In The Streets Alhamdulillah Allah Subhanahu Wa'Ta'Ala Has Provided Us With So Much Things That We Have To Thank Him For All We Have To Do Is Reflect On The Things That He Has Provided Us On The Bounties That He Has Provided Us With Many A Times You Will See In This World There Are Problems Of Depression Now I Agree There Are Some Cases Of Depression That Are Legitimate Cases Of Depression And May Allah Subhanahu Wa'Ta'Ala Help Those Individuals But A Lot Of The Cases Of Depression Is Not Because Of Pure Depression Is Because Of The Lack Of Reflection Is Because Complacency In Life Because There Are People There Are Individuals Myself Included This Advice Is First To Me And Then To Yourselves There Are A Lot Of People That Complain More To Allah Subhanahu Wa'Ta'Ala Than Actually Concentrate On The Positive Things That Allah Has Blessed Them With For Example Allah Subhanahu Wa'Ta'Ala Has Blessed Me With A Beautiful Family With A Beautiful Community With Food On My Plate With Roof Over My Head Are These Reasons Not Enough For Me To Thank Allah Subhanahu Wa'Ta'Ala For And Not Be Complacent If You Are Thankful To Allah Subhanahu Wa'Ta'Ala I Will Surely Increase You In Your Favours