community of traders.  The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at<PHONE_NUMBER>. Now, Larry Pezzavento. Okay, looking good. Billy Ray, feeling good? We're going to start out the day by looking at the Dow Jones industrial average in many. The Dow Jones industrial average index itself will not show the same pattern because the exact 61% retracement came in at around three o'clock in the morning. We had already hit the 61% retracement in the E-mini S&P, which came in at 41.53. The high was 41.63. We're a little bit lower than that right now. The Russell couldn't even make a 382 retracement and the NASDAQ was also having a great deal of trouble just barely getting above the 382 retracement and then backing off. Whether this is a serious correction or not, we don't know, but we did know that it did hit that exact number. As you can see by looking at this chart, you can see the beautiful A, B, C, D structure on the way up. That's a three-day rally. And then you see the four-day rally on the downside going right down to your, again, right at your D point and then the rally back up. So we could back off a little bit and then move higher. We don't know what's going to happen next, but we do know, but putting a trade on anywhere near that level tells us that that's what your risk is. And as long as that risk is in force, you have a pretty good chance of seeing whether the trade is going to win or not. That's basically it. Now, I think we should spend some time here with one particular market segment that really needs some important characteristics to look at. Let's start out here, which is the crude oil. Now, we had Mike Moran last week telling us that we were expecting to see a pretty big break in that week. And we did. And as we show you the chart here of the crude oil, you can see what happened here on Thursday. We had this. It took out the actual low here from March folks, believe it or not, by about 10 cents. There must have been a huge buy order there, how they orchestrate these things. I'm not quite sure, but this was legitimate. Now, there was an actual move down. It took a total of about four minutes. And that was two minutes up and two minutes down. And boy, it was, let's try that again.   Now, one of the things that we do when we do trading for our interday and also when we do the trading program that we have here a couple times each year, we try to find out where it would be the best place to enter given the fact that that bottom is being made. Now, after four years of experience now, watching what Tom Hougar does and proving it to ourselves that it does the importance of that 3-8-2 retracement, what we're going to do now is to show you the crude oil last night because this is where we were. It wasn't last night. It was before. We even talked about this on Friday show, if you'll remember, and I just wanted to follow through just to show you what happened. Now, as you see here, there was on Friday, there was the 3-8-2 retracement within five pips of the exact 3-8-2 retracement of this low. And folks, this is an hourly chart. So this took a long time to get to that point. Now, what's interesting is after this market made this low right here, you see what that tells you is that gives you an ABCD structure where you have A, B, C, D, and it measures here. You'll see right there to that level which is 71.53. The high today was 71.63 and from there it's broken a dollar a barrel. Now, a dollar a barrel is not much to most people, but a dollar a barrel is still a thousand bucks. We mentioned in the video last night that yes, that should be the spot. Now, we also made a smaller 3-8-2 off of this low that came in right here. That happened in the middle of the night. Look how many hours we stayed there, folks, before it finally broke to the upside. Anyway, that's just one. So in order to prove ourselves some of these things, we're going to take a look now. This was one that we were also talking about last week, right on the 5th.  By the way, I don't follow basketball too much anymore, because I did all during the time that Larry Bird was playing from 1979 through 1992. I never missed a Celtic game on MSN, Massachusetts Sports Network, and Larry happens to be friends of the family back in old Terre Haute.  But anyway, I was watching a little bit of the Phoenix Suns game, because it was really quite exciting, but there was a player there, folks, believe it or not, shooting three-point shots in the NBA, something 25 feet out. This dude has hit, he hit 35 out of 42 three-point shots. I mean, oh my goodness, that is just, and that's in the heat of the battle. And Phoenix won the game, but I end up watching. Just to watch that kid shoot, I was just blown away that in the last two games, he hit 32 out of 30, 35 out of 42 shots. That's better than 75 percent. Are you kidding me? I can't even do that training. Anyway, let's move on here to the second part of this as we look at the heating oil. We did the same thing with the heating oil that we did with the crude oil.  You shouldn't trade both. You should either pick one or the other, because if you trade both, you're doubling your position. Now, if you've got big bucks, sure you can do that.  So look at the, you can see a perfect 382 retracement.  This is the ABCD on the weekly. See how it came right down to that spot? We'd been waiting that for a long time. Anyway, you'll see that it pulled back right to 382. And where did it go again? Exactly to the 1.618 expansion of that move, because that makes that an ABCD move to the upside. And that's why it's so very, very important. And all you do is when you're looking at pieces of a puzzle, you look at your daily chart, your 4-hour chart, then you go down to your 30 minute, whichever it's comfortable with, and find out what that structure is. It gives you a pretty good idea. Are you going to win all time? Heck no. But nobody else is going to win all the time either. You got to remember that. That's a really big thing. Now we've got one other one here, and that is the gasoline. And that had been the strongest of the whole bunch. And we're going to get that up here right now. And then we're going to have a break coming in. And then we got some fun things to talk about. About gasoline,<PHONE_NUMBER>. Currents, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity market across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the Forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, forex, stocks, and options. 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. 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. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years, a frequent contributor to TD Ameritrade Network and CNBC. Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's daily market newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights, today and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN, educating investors. Free at 1-877-927-6648 internationally at<PHONE_NUMBER>. Okay, we're back folks and I believe we have Jeff from New Jersey on the line. Jeff, are you there? Yes, Larry, how are you? Very good. I posted a chart here in the den so the folks can look at it, but you had a question about the three drive to a top pattern, the fact that it didn't have perfect seven. Yeah, I was studying chapter seven of my Bible, also known as trade what you see on the three drive pattern. And yeah, I had a couple questions. So there's a couple rules or guidelines in there that I wanted to see if I can ask you for a maximum value, like a threshold over which you would not take the trade. Sure. So one of them is you have the the AB leg, excuse me, which is an extension off of the point one to a first leg. And so in the book it says that you don't want the AB leg to be much more than 1.618 of the 1A leg. But in order for me to like write a rule for myself, how much longer would be okay?  Well, I do it by a dollar amount, Jeff. If it's more than like three, three to $500 beyond with 1.618. And, you know, then that's really telling you something that's not right. But I do it by a dollar amount, not by percentage. And when you're doing this, Jeff, and I've watched your work, and you've made such great progress this past year, that you have to realize that what the patterns are doing is they're giving you a setup.  We had the currency one was perfect. The bean oil was perfect. The Euro was perfect. But this one that you're showing here was very, very unusual because you had everything set up. And what I did was, if you'll look at the chart that's in the den, I don't know if you can see it or not. But I drew in from the high to the high and high to the high. And you notice that there was a three drive pattern there. And then it backed off a little bit and made a perfect ABCD. Now, I know you saw that because you were describing it to me. And I saw the results of it, which were, you know, quite spectacular. So the thing on your rule, Jeff, is you've got to be, Amos Hostetter had a thing about rules, be flexible in your rules and rigid in your execution. In other words, what he was trying to tell you that if you're really close, that's okay. But boy, when you're wrong, get out of dodge. Do you understand what he was trying to say there? In other words, if you're right there at that point and it's not working, then that's when you say, and that point for me is around 300 to $500 and almost everything that I trade when I'm doing a three drive to a top or three drive to a bottom pattern. Is that so what you would do is you would take a look at if it went against you that it would not go against you more than 300 or 500, 300 to $500. So you know, we're looking at that at the extension 1.628, like relative to that particular number, just saying, eh, it's bigger. It's not crazy bigger. I'll give it a try. Yeah. And I don't lose more than $500. Yeah. If it goes to like one, if it goes to like 1.7 or something like, see the difference between 1.618 and say 1.7 sometimes is really, you know, not very much, is it? No, dollar wise. So how much bigger could it get that you're going to read $500. That's what I'm looking at $500. Okay. And I, you know, I've lived by that for a long time. And the thing that you got going for you is even if the trade doesn't work, there's so many opportunities and so many things that we're looking at. Look at the amount of money that that trade made for the just amount I posted in there just now. It just was, it just set up perfectly. Now, I've seen your rules and I'm so happy when I saw the fact that it was not a black background. Did you do that for me today, especially? Actually, I did that for you quite a while ago. I don't know if you can see it on my other platform, but that's actually not a black background anymore. It's a dark charcoal gray. Yeah. Charcoal gray. Well, that's better than black. That's for sure. Anyway, it was a really good trade. And the thing that you want to do is to be, be, you know, flexible and also rigid. And that flexible and rigid for me is $500. I don't want to, when in fact, if I have a 1.618 goes beyond it a little bit, like 150 bucks, I'm okay. It starts going back above it. I'm out of dodge. I just go on to the next one. You know, my goodness. I mean, we've got what five or six trades going on that are all working great. And you know, they never had any heat. But once in a while, you have one that, you know, is bouncing around and you got to make that decision. So be flexible in your rules and rigid in your execution. Let me ask, how would we apply that to this other question about the three drives pattern? Looking at the time symmetry. I don't know if you have that second chart that I sent, but it's a comparison between the time, the time durations. And so, so you want those time, the differences between, let's see, A and B. And then C and D you want to compare those two time times. And you want them to be pretty close to each other. But if they're significantly different, then it's kind of ruined the pattern. So at what point, you know, is the time difference too much of a difference? To me, this is really simple.  And Mr. Garley called it expanding triangles or something like that. If you have to ask yourself whether it's a three drive top or a three drive to a bottom, it ain't it.  That's a beautiful three drive to a top. It's a beautiful three drive to a bottom. If you have to start squeezing and moving the chart back and forth to get it to fit, now get out of dodge, go find something easy, because the easy ones are the ones that make money. This one was very good. It had beautiful symmetry, except it went up and made that slightly higher high up at that ABCD right in here. And you were able to catch that.  And so how much, you know, and this is a, this is a, this is a big daddy rabbit, the Euro and forex. So you did exactly the right thing. And, you know, there's your profit objective and it's probably going to go lower than that. But that's, that's what it looks like to me as you set it up perfectly. Well, you see that little line on the right, the, it was actually like just a fraction of the AB time. Yeah, you're looking right out of your pointing at it. So, I mean, that's much shorter. I looked at that and said, oh, that's symmetry is bad. I can't take this trade. Well, the stop and think now, the symmetry is okay, but the trade, that when you say you can't take the trade, the main thing is, can you afford the risk? See, if you could afford the risk on that trade, you can take that trade. You can, you know, you can bet on whether a fly is going to land on a watermelon or a cantaloupe, if you know what the risk is. So if you got in, you know, and if it's a slight question, you know, ask how much you have to risk to see if you're going to be right.   But just remember it always, always thinking about when you put it before you click that button, how much do I have to risk? Remember that. Okay. Okay. Thank you, Hey, it's my pleasure. Great questions. And do me a favor, call back in at the top of the next hour and we'll go through this again because people that might miss this, I think it's an important concept. Okay. Can we do that? Okay. Okay. Great. We'll be right back folks.<PHONE_NUMBER>. The 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. up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pesavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First time subscribers also get a 30 day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today TFNN.com Educating Investors. 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. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Folks, as Fortune would have it, I wanted to go over something again. This is the crude oil chart that we were talking about earlier. There was a big drop here on Thursday. There was a rally back on Friday. Of course, we had the one in the middle of the night. Our profit objective on this, you see, would have been this level here at 73.53. Believe it or not, folks, sometimes this stuff that we work on really does work. All we're going to do now is we're going to take a look at it on a little bit closer time frame over the last few days. I know you find it hard to believe sometimes this stuff works, but here is crude oil up to date from where we were last Thursday going through Sunday night and what's happening today. You can see there was your price objective right there. There's your 70. What is that? 72.53. Look what happened. You come right down exactly to the 3A2 of the previous 3A2 from the previous 3A2. Look at that. 1, 2, 3. 3A2 is where you want to pay attention to, folks, because that's a really good spot to enter sometimes. Going to be covering a lot when I get the next day trading thing that we're going to be doing because these things are, boy, I'll tell you, I look at this and I shake my head. I said, holy cow, I've had people say, this can't be right because it's too easy. Simplicity beats complexity, as my good friend Mark Douglas used to tell me all the time. Nothing is better than simplicity. Always very good. We did miss the chart on the natural, on the gasoline. I wanted to bring that up too because it also had the same situation where we had the 3A2 retracement and that's there's where we were. You notice we had the first one here that didn't quite make it. Then we made a higher high. Then it pulled back and these are hourly charts. So this takes quite a while to get this down here. Then we hit it exactly and then, boom, we went up and of course we went above the 1.618. I'm afraid what's going to happen to gasoline, folks. I use premium gasoline in my 32-4. No, it's not a 32-4. Anyway, I use premium gasoline because it's required, but it's $5.60 a gallon. I know in California it's a lot more than that, but in my whole life, which has been going on for a long time, I can't believe that I paid $90 to fill up the car. That was really surprising. Now, compare this. When I got married in 1963, I had a Porsche 356 Roadster and we took it from Terre Haute to all the way out to California to Disneyland. Then we came back through El Paso, Texas to visit some relatives and we went to the dog track in Juarez, Mexico. Before we went into Mexico, I filled up the car and there was a gas war going on, folks. The little Porsche only had a 15-gallon gas tank and gas was $1.5 a gallon. That was for premium. Can you believe that? A $1.5? Holy cow, where is the times going? I've got to share a chart here that I kept up here that I think is we got this from our good friend, Mr. Stan Harley. I want to get this up here to show it to you. What he did was he makes a comparison between the 20-year time period and this is what he's looking at. This goes back 20 years ago and he's showing the highs and lows and how they've matched up and you know that he's looking for a low to come down here sometime in June is what he's looking for. Now, if this low lines up in June like this, boy, let's pay real close attention to that because you don't see symmetry like that. This basically what it is, it's a snapshot of what happened 20 years ago move forward. Now, we know that the markets repeat themselves over and over again, correct? And we know it with regularity. Andrew Lowe has already proven that and also Ben Womendal brought us proven. That's so is H.M. Gardley. So we really want to watch that. Now, for my purposes, being a shorter term trader, I'm not interested in the time zone, but until that happens, this is not on my watch list, but the fact that it did it so perfectly, well, some of these other things are perfect too. Look at the high in the Dow Jones last night. That was worth 300 Dow points. And, you know, whether it's going to work or not, I don't know, but I made a little bit of money on the one way. So that's an important thing to pay attention to, correct? Absolutely. Now, back to some other things that we talked about. This was one of the trades that we sent out last night because it was, well, it was long before this happened, but let's get it up here. This is a cross rate between the Canadian dollar and also the U.S. dollar. And as you can see here, the Canadian dollar, excuse me, the U.S. dollar has been weakening really badly to the Canadian dollar. Canadian dollar is increasing. See, because the Canadian is the long as the U.S. dollar, that means that that's going down. The Canadian dollar is going up. So look at the break here. But here's what I said in the newsletter in the video last night. We were sitting here on Friday and we talked about it right there. We were sitting at that exact 786 retracement. And I mentioned, I said, look, this does not look very good for the bulls. And let me explain to you why. When you have those big ranges, they tend to increase. So what we're going to do now is to show you what I tried to explain last night in the video. It seemed to work because quite a few people have picked up about a grand off of this. But look at this. Look how it went. It went through the 382 and didn't stop. It went through the 50% level and didn't stop. It went through the 61% retracement and didn't stop. On the 786, it stopped here for a few hours. It stopped there for a few hours, maybe six hours. And I said, if it gets anywhere below that, it's cyanora. And cyanora is already down here. That's almost, it was $1,000 from that high to that low so far today has been $1,000 with a very, very small amount of risk. So that's what we try to do when we're, now if you had to put this trade on and it popped above there, 30 pips or so, you're wrong. You move on and the 786 probably held. But until that time happens, you know, you can't do it. Now this is an hourly chart and you can see the strength of this. Look at these ABCD patterns right here, the 382 pullback, the 382 pullback. All the way up. Look at A, B, CD, A, B, CD. Now you come up, you make a double top, you rally back to the 78% level. You see how the 382 held it for quite a while, hit it one, two, three times, and then had a pretty good rally and what happened when it went back below it. That's your trend, folks, because once your 382 breaks, this is what happened to gold when it broke 80 bucks. You know, once we went below 2040 after hitting 2065, it was a cyan aura. And of course, we went down quite a bit and we're almost at the 382 in the gold market, which comes in at the magical price of 2039. I don't know where it is right now, but it was getting there close just a little while ago. I saw 2037. So we can keep a mind on that. We've got the questions that you have,<PHONE_NUMBER>. I'm going to be doing multiple shows, so I really appreciate any questions coming in. It makes my job a lot easier, boys and girls. So live every day in an attitude of gratitude and wait. We have some more. 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. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded tfnn over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights today, and try all of our products and newsletters 30 days risk-free with our money-back guarantee at tfnn.com. tfnn. Educating investors. 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&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, four-side fund services LLC. This program is brought to you by VistaGold, traded on the NYSE American and TSX under the symbol VGZ. Okay folks, I wanted to review. I did some trades for those folks in Las Vegas there on the 26th of June. Try that again, Larry April. This was we had shorted Apple up here. We had covered it and then we were saying it'll get up there on the long side. So we picked up some pretty good money there in Apple. We picked up three and a half points on this side, two and a half points on this side. But what happened was we had an original order to sell it at 171.11, which it hit on Friday and we were risking I had a $5 stop on that. So far that one has worked. We did have one losing trade. We lost $4 in Microsoft. We sold it at $5. We sold it at $06 and we got stopped out at $11. We sold it at $3.06, got stopped out at $3.11 and the high was $3.12. But anyway, we had a couple other trades that I tried to show the folks what we were doing. You'll see that this is the Microsoft trade. You'll be able to take a quick look at it here and just trying to show them ABCD because the people in the room they never heard of ABCD. I can't believe it's been around forever, but nobody pays too much attention to it. So you can see the ABCD level that was up in here. It worked for a while, but then with the report that came out, that was what made it a little bit differently. And so that was it. And then I showed the pictures of Apple on what it was doing at this particular time. The same thing, looking daily charts. You can see the ABCD patterns all the way up and it did get as high as $173, but we sold it at $171.11 on Friday. And so far it's working pretty good to that one. The real big one was this one right here, which was the wheat trade. And I told the folks it's easy to do the ETF, but you can see here you came right down to the level here, and it took off. It rallied $0.60 off the bottom, folks, which was quite a bit, and hold on. I've got to tell somebody. Hold on just a minute there, boys and girls. Okay. Anyway, that's worked out pretty good. And you wouldn't believe the calls that I've got. Oh my gosh, I had 72 people in the room in the phone calls. You guys couldn't even guess the number of phone calls that I got. I mean, it was, I was, even me, I was even impressed. One. That's right. Just one. Let's move on here. It's one other thing that I want to talk to you about. And that is we had another great trade here, but also how it turned around. I wanted to bring this to your attention because when these patterns fail, get out of dodge. Look at this 1.618 expansion. We have, this is June hogs, perfect three drive. Okay. It rallies. It makes it, and there was your profit objective right up here. It made just under five points, which was about $1,600. And then look what happened. You see the gap down here, the 61% retracement. When those numbers gap beyond those numbers, it's telling you that something really dramatic is changing. Now we're going to have a really nice big A, B, C, D pattern coming in here, just a little bit lower here in hogs. And one of the things that I'm going to be doing when we come back from the break is I'm going to update the June hog chart and see where we are. Cause we should be getting down into this level right here, very, very shortly. And that's where we'll find out whether it's going to be a really good, really good trade to be on right now or not. Also folks, please, I need some white light for my good friend, Steve Shapiro. He's in hospice now and it's a matter of days or hours, but he's lived a great life for 79 years. And he's been one of my very, very dearest friends. He taught me more about the jury's faith and he and Michael Weintraub than just about anybody that I knew. So he'll be missed, but he's been loved by everyone for a long period of time. And so we're going to be able to communicate in a different area. Now let's move on here and talk a little bit about something that's fun here. And that is the soybean oil. This is the same pattern that we were looking at. These patterns are the same folks. All you have to do is identify them. Look at the ABCD leg, folks. You've got nine days down in the AB leg. You got eight days down in the CD leg. The AB leg is equal to the CD leg.  And there's your profit objective. And we got up to here last night and now it's starting. At least it was starting to back off a little later in the day to see if that was going to happen. And then I had one other commodity that I wanted to bring to your attention because, oh shucks, I hit the wrong button. Do that a lot lately. Let's get it up here. Where are you, Mr. Corn? This is really important, folks, because this is where the pedal meets the metal. We have to get along the corn market pretty soon here. I'm watching it daily to keep an eye on it, but this is the long-term weekly. You'll see we've been down here twice now. We matched that low that we had right here. Remember, farmers are used to making about $350 to $4 on corn. We got corn now at $6. So they're making pretty good money. The problem is, if anything happens to that corn crop, anything, we could see, like we did several years ago, $8, $9 corn, maybe even $12 corn. Because remember, folks, oil they can cut back, right? Oil is indigestible. You can't eat it. But food they need so food can go out of sight. We've seen beans as high as $18. They could go back there again, too. When I traded beans, they were trading from $350 a bushel to $5 a bushel. And now they're $18 a bushel. You think there's not inflation in the world?  Who are they trying to kid? There's not anything magical about that. Also, people have asked me about the bond market. Is the bond market finished? And I said, no, I don't believe that it is. I could be wrong, but it's in a corrective phase now after we hit that 61% retracement up there at that 133 level. And it's just a matter of time before you come down and get it. Here's a copy of what we're watching here. I'll bring this up to you. And when we get back from this break, we're going to take a look at that June hog chart just to see where we are. But there's a little bit lower down in here. And we want to be taking a look at the old Bondolis again. There was your 61% retracement, folks. Look at that. We bought that bottom right there. We sold it right there. I mean, that's a perfect A, B, C, D. And if you did the daily, you took this out by two ticks. And where was this? Ring the bell, Tommy Hougard. It's three eight twos where it was. And bada bing, bada boom, A, B, C, D. You're the one for me. Where does it go? To 618, to Fibonacci. I'm a poet and don't know it. I make it rhyme every time. That's about all I know about poetry, boys and girls. We'll be right back after we pay a few bills. I think the time to do that is now. We'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. 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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. Friday, we had this big gap down and that's telling us that, uh-oh, maybe something's wrong here. So the first thing that I do is when I'm looking at a situation like that and seeing that there's danger here, then I would be, if I had time on my side, in other words, the same number of days down in this, you see, we're only halfway down. This means this thing could really go a lot lower. So the first thing I want to do is I want to find out what that expansion number is just like here. You see that expansion number told me that's where that was going to go. So if I do the expansion numbers on this one, this is what you want to be looking at and I'll get this up here hopefully and we'll all be able to see it together 45, 46 and here it is right now and I'll bring it up and you'll be able to take a quick look at it. I hope this helps because I think this is how I have fun doing this. But anyway, there's where your expansion number is. Your 1.27 number comes in right about where we are now. So buying it there at point D is right at the 1.27 number, okay? So that will be a good spot. Today's sort of late in the day because they're going to close, the piggies close in about an hour, but I'll be watching this tomorrow. The good part is that after the big collapse here on Friday, we have not collapsed, we're down, but we haven't, you know, there's, they're not circling the wagon. So you still got a chance. So tomorrow and the video that I'm going to make tonight for our 24-7 folks, and this is what we're going to be looking at right here because right here we can become a hog farmer and we don't have to risk more than 400 bucks and that's what we want to do. We'll be right back. Another show coming up, folks. Don't miss popcorns available<PHONE_NUMBER>.


Okay, perfect. Yeah, so just hit the green button and let's just start start from scratch. So we'll just run a simple page like ad engagement page likes and then just what I do over here is I'll name all three of them right here. So hit engagement and then page likes and then just scroll down and hit that drop down and just name everything right here. I name all on the page like ad. I'll just name them all through the same page like our like campaign like campaign like I just name all the same okay or unless you're you know in the ad set you can always name you know the countries like in the ad set in the ad yeah okay I'm gonna just say I don't know I like to just make it a little bit yeah yeah for sure okay cool so over here yeah the second step the ad set so actually this is the first step so just scroll down and then you could just go next so if you're in housing or anything else outside that you got to hit the special ad category but if not just go to the next step so down here is this fine whatever that's fine okay so you can go unlike unlike campaigns I normally go lifetime budget but it's up to you it's the same dollar amount it's just spent you know differently over time yeah time so what does he say it's like well like 30 bucks or something like that yeah I mean you can go 30 bucks 20 25 30 the most the most I would put towards this ever and I always look at the like ad as a one-time ad like you can either put a super low budget and let it continuously run just let it run for like as long as you need it as wanted to like months for example like three months for example but have it as super low budget that way Facebook is is you're constantly running an ad right but it's super low budget like two bucks a day three bucks a day type of type of budget or you could just freaking do it once and get it out the way yeah and in two reasons why this like ad is so important is number one is so that like number can have a comma and bring some credibility to the page but then number two so Facebook can hit that credit card you know that's that's normally the first transaction you want Facebook to smash that credit card at least once or twice before you even jump in a conversion ads so that's why that's why even Robbie he'll that's why he starts everyone off this way so so Facebook can can read that credit card the first time and then and then the threshold can increase and then you can go into conversions you know so yeah I think I I mean as long as if I just do this once and then I could just boost posts in order to keep yeah for sure like in me yeah perfect so just go yeah 30 bucks that's 25 bucks whatever so change the calendar date so it says this right here yeah because we're going to change the calendar date okay when you change I always when I start the like ad I'll always go the next day so yeah the 23rd but I'll start it at midnight okay so 12 a.m. midnight for me at least here would be like one or just do it for Eastern time yeah perfect perfect so you can go 1 a.m. yeah that's fine and then just this is totally up to you you can you can knock it all out in the next few days if you wanted to you can knock it out in a week you can run it for two weeks just hold this part's totally up to you it's still going to spend the same dollar it's gonna still bring the same amount of likes yeah I think I can just do it till April what is April 1st the same one is March 23rd on Tuesday and when I always do man just just this is just preference but I I'll run it to my billing date you know like whenever my billing date is if your billing date's in the 31st for example then run it to the 31st you know where do I go to see my specific billing date go ahead and go to that events manager tab at the top events manager okay open up no no no no no no leave this leave this the tab the time yeah events manager and then just hit your dots and go to billing so just hit the dots go to billing and then you'll you'll see your date over here so hit payment settings and then you should see it right here so yeah so the 31st so you'd be charged each time see so your threshold right now so that's what that's why the like ad is so important because right now your thresholds only two bucks so you'll be charged right at the top amount do oh yeah so you'll be charged for you'll be charged every two bucks and I think it's I think it's maybe the first like I think it's the first like five to seven transactions so okay so yeah for sure so you want that to hit that way your threshold increases and then yeah and then you'll get another bill on the 31st so that's just how I run it I'll run it to the end of the billing cycle and no yeah that makes sense started right after that okay one 1 a.m. 1 a.m. to 1 a.m. yeah perfect yeah and then and then just scroll down and then all you're gonna do is just change out the locations yeah change that out and and and what he advises is is focus on on on the top five countries I go yeah yeah yeah Australia yeah I always end up forgetting one for some reason let's see if you if you know sorry New Zealand and then the UK there it is there perfect cool so one two three four five those are top five countries and then scroll down and what I what I do is I'll change out the the English the language and just go English all oh yeah yeah yeah English all and then in the detail targeting what I do what I do and I've I've done this like at a million and one times what I do is I choose just one keyword in in different examples with even with with Robbie in the in the course he'll put a few different words he'll put like five different keywords in there but I've had major you know a ton of success with just one major keyword so the main main keyword you know which would be health or maybe fitness wellness like whatever that main umbrella word is for your business for your niche I should say you know maybe go off of that word you can and you could put as many as you you could put a few in there do I think there's a magazine called women's health oh yeah women's health for sure but but rather than see so now you're now you're a little narrow with like add you don't need to be too too narrow you're already narrowing it in with the language you're already narrowing it in with just five countries you don't really know that's only narrowing in yeah you know I wouldn't narrow in the interest I would I would leave a general so women's health magazine versus health or versus women's health right like I just put in women's health and that was still a little so if you went with okay well that seems pretty large which well look at look at health and wellness scroll down health and wellness see what that's that's that's what I'm talking about so that's the difference so this was higher do I want it to be you know that's that's 10 million this one's 243 million what does that 510 million I thought you saw 10 look I'm looking at 10 holy shit I didn't even see the five I'm looking at 10 million I thought it was 10 million oh you thought it was like a dollar sign or something the dollar sign yeah I was like 10 million I was 163,000 yeah I thought it was 10 million that's funny okay well then shit health magazine yeah well that's a no-brainer go with that one yeah perfect but again so you could totally so then now you can hit suggestions and see a bunch of keywords but again I've I've I've only used one actually there ain't no suggestion that's kind of it's just the like ad I'm not really yeah that's one that's one key was fine yeah right here you don't need to add a connection type that's fine and then that what is this connection type I don't feel like I've seen it before that's simply if you hit the drop-down I'll say people who like your page people who are exclude people who currently like your page but I mean your page is brand new so yeah it's not even necessary so this right here existing connections you can just the following connections can be only removed from your ad set so convert connections before publishing people who like yeah you can just exit out that's not even you don't need that so now that brings us to automatic so you just leave it on automatic and then hit next that's it okay cool so over here that's a pretty cool image right there what is that your cover photo yeah yeah that's actually a pretty cool image right there like that yeah I didn't have a specific image already so I let's yeah I'm fine without a healer that's actually a really good image normally it looks like shit but that's actually a really good image so thank you yeah dude for sure I love that so what I would do if anything just change out the text I would I would shorten it up for sure and the same one liner that I've used for for real estate you can I do you could totally use for this I I say in the real estate side actually I used it in many different niches now but really in the real estate side in this case I would put love love health and wellness like page and share love it's a question love health and wellness like page and share yeah so capital each each word for sure love health and wellness like page and then the and sign the actual symbol that's just what I've done a million times the the and sign so like page and share know them yeah I was like at the end that doesn't really make any sense now love health and wellness like page and share and then exclamation mark and that's it so what I what I also do is I'll turn off web of website events but I mean I don't think it matters but it's not necessary it's just a like ad but scroll down and that's that's it so yeah you can leave those on so publish and then once you publish it then you could take a look at what it you could take a look at what it you know looks like in the newsfeed so if you hit that drop down a little above just move your cursor up that little drop down that square to the right square this right here no you're right we're right there to the right those images no to the right by the images oh sorry that drop down right there hit that drop down and then go to desktop newsfeed Facebook desktop newsfeed down Facebook desktop newsfeed yeah click on that and then you'll see it here what it looks like in in real time okay just scroll down should be right below this one there we go okay so yeah not bad at all man love health and wellness like page and share and then there's the like but the like page call to action button and that's it man fit with soul I love that dude really cool awesome really cool yeah it's okay if I exit out of this one specifically or yeah you can you can exit that one and let that thing go so if you exit of this just not the tab not the tab but the X to the left yeah exit of this and then I just bring you back over here so this one will be in review but if you click on the middle tab the ad set you'll see that scheduled this should already be scheduled and then and then the campaign is already scheduled so you'll get an I want to see what happens maybe it is that I needed to run a light campaign first or maybe I just don't need it at all I've just been so stressed out about this that could that could be that could be one one one reason maybe the yeah I don't see how that could be a reason first I don't see how that could be a reason I don't either I just don't know like what else it is that it could possibly be I mean I should have done everything correctly like I have everything I mean I followed taking you know great notes and like yeah I'm through and watch all of this but I don't know I thought maybe if I just did one thing wrong I don't know what it would be yeah let's start with the like ad target those countries and then and then go from there yeah


Not every single problem is resolved immediately, that's why when you want to come to a resolution, you have to take steps in order to make it to that resolution. And that is just the case with the Cowboys and Dak Prescott, they franchise tagged him as everyone expected them to. And that franchise tag was at a whopping $31.4 million. That's a whole lot of money. But Dak Prescott and his camp, there have been so many different stories that have come out. Will he sign it? When is he going to sign it? Can the Cowboys rescind it? Will they rescind it? Cowboys signed Andy Dahl, and hey, maybe they may just roll with him this year and let Dak Prescott go or trade him to another team. And that is all still a possibility, but it's extremely unlikely. And in my opinion, I would say it's about 99.99% unlikely. So basically, it's not going to happen. Me, I am no Cowboys fan, but there was never one doubt in my mind that the Cowboys will be going into this year without a Dak Prescott, that the Cowboys would possibly be starting anybody besides Dak Prescott. Regardless of how much Haiti gets, regardless of how much scrutiny he's under, Dak Prescott is not a bad quarterback. He's not. Sometimes the stats can't get inflated a little bit, because in some games they may be coming back and then there may be some not necessarily stat padding, but he may be throwing more because the Cowboys will be down more. Maybe he threw an interception or two, maybe somebody fumbled, whatever the case may be. Dak Prescott is not a bad quarterback, but I do know some Cowboys fans personally, not all. So I cannot speak for all Cowboys fans, but there were some that wanted this to be a throwback. And being a Cowboys quarterback, it's got to be tough, because you are forever going to be compared to Roger Starbuck, you're going to be compared to Akeman. And those guys were obviously extremely successful. And that's why with Tony Romo, that's why I feel like he just got so much just hate and Tony Romo was not bad, man. But anyway, that's neither he nor there. So Dak Prescott, he is going to be signing his franchise tag and collecting his $31.4 million. And that is a handsome chunk of change. And with Dak Prescott, he wants to be a cowboy for the long term. He wants to come to a contract extension with the Cowboys. And there were of course the rumors that got put out, put out about him possibly wanting like 45 million the last year of his deal. And a lot of those rumors got shut down. And we just, we'll see what happens moving forward. But the franchise tag is something that is a gift and a curse all at the same time. Because Dak Prescott, I believe he was a fourth round pick. So this franchise tag, it is the most money that he's ever made. It'll be his biggest check yet. And the best thing about it, it is 1,000% guaranteed. And I know 1,000 is a percent, but y'all get what I mean. It's all guaranteed, all of it. Everything is guaranteed, $31.4 million is all his. So when he takes his check, after taxes of course, you know, I'm gonna say I'm gonna get hit. But anyway, after he takes his check and deposits into the bank, gotta worry about nothing. That's all he is. But it's only good for this year. It's only good for this year. So that's why Dak Prescott wants to come to a long term agreement with the Cowboys. That's why the Cowboys want to come to a long term agreement with Dak Prescott. And they have until July 15th to do just that. Now today, it is, what is the date today? June 21st. So they have what, 16 days? I mean 26 days or 25 days, something like that. They got a little less than a month to get this thing worked out. But again, as we talked about previously or earlier in the video, that's the resolution. The resolution is a long term contract between the Cowboys and Dak Prescott. So to reach that resolution, they have to take steps to get there. And this was a huge step with him signing his franchise tag, with him getting ready to sign his franchise tag by Monday. So now they can, this can sort of speed things up for the Cowboys and Dak Prescott. And this usually when deadlines, deadlines really create, they create this speed. They create this, this just this energy. There's a deadline, a clear deadline by July 15. But with this step, they've taken another step forward for meeting that deadline. So now it's just a wait and see approach for when that deal is reached. I think it's definitely going to happen. Worst case scenario for Dak Prescott, it doesn't happen this year. But ooh, that is risky. The safe instance he plays under the franchise tag this year. And what if he has a bad year? What if Dak Prescott's stock goes down? Now he will still get picked up by somebody, even if it wasn't the Cowboys, even if he had a bad year this year. And it could still even be the Cowboys. But what if his stock goes down and his price tag goes down? Possibility. It's a possibility. Or it's actually a possibility too, that him playing under the franchise tag this year, it could actually help his price go up. Because when QBs reset, I mean really for any position, but especially quarterbacks, when they reset the market, they reset the market.  He is getting ready to reset it like crazy, like it's never been reset before. So if Dak Prescott gets paid before that, then it could be like, OK, but then Patrick Mahomes is going to destroy that. But if Patrick Mahomes gets paid before Dak Prescott, we all know that Dak Prescott is no Patrick Mahomes. He has not had the level of success that Patrick Mahomes has had in his short career, but he could use that as, hey, OK, you don't want to pay me Patrick Mahomes money. I want something close to it. I'm a franchise quarterback. Show me the money. And if he's using Dak Prescott, I mean if Dak Prescott is using Patrick Mahomes contract as a talking point, oh boy, it's going to get ugly. But anyway, we'll see how everything goes. This is going to be fun. Cowboys fans, I know y'all got to be going through it. I know you are. Both in a good and a bad way, because it can be stressful.  Anyway, like Dak Prescott won't be with the Cowboys this year, I'm out.