Hello. Hi. Welcome to a new vlog. My mask is still hanging from my ear. Yeah I know I'm keeping that in there.  Welcome to our Friday Starbucks run. That's right. I am so excited. I sure hope that they have my Gouda sandwich. I know I'm sure they will. Gouda and bacon. Oh I love that. Today we are also going back to school shopping. I am not going to help Alex with her back to school shopping. I got papers to grade. I know but Valerie is we are stopping at the grocery store because Valerie's gonna cook tonight which will be in another vlog because this one's going up tonight. But you're gonna go with me later on right? Yes. We're gonna see. Is this car gonna go? If it doesn't rain we're gonna get steaks. Yes I'm so excited. And Valerie's potato. Oh yes. Do you want broccoli and hollandaise? Yeah I think I want that. Or do you want a asparagus? Oh that's a hard decision. Let's do broccoli. Okay broccoli and hollandaise it is. Starbucks can be so complicated sometimes. I know. Let's have that as a discussion for the day. Yes. Do you find Starbucks to be complicated sometimes? Yes they run out of stuff sometimes. Yes. We'll actually know everything's running out of stuff.  Oh my gosh. While they're still in line. And then they... He's like what are they doing? Yeah. And today they're taking orders outside. Outside instead of at the drive-thru which I don't really understand it because there's a lot of people here but like not that many. It's very confusing. Yeah. Starbucks can be a confusing trip sometimes. Confusing experience. Oh also too. We are in the talks of Valerie starting a TikTok. I am so excited. In the fall. I had to tease it though. Right. In the fall. Yeah. In the fall. It'll be fun. She's gonna become TikTok famous. You're gonna love it. I know. I'm excited about it. I know. But first I have got many tasks I must complete. You're looking here right? Not there. I'm looking... No. I'm looking here. Oh no. You need to look here. I know. See I'm like so silly. You silly. Okay. I'll look here. I have many tasks. No. Just look here. I am.  I am looking in there now. I see you can't even tell my sunglasses. That's true. Yeah. You can look anywhere you want. I have many tasks that I will need to complete. Yeah. Oh man. This traffic. I know. Oh my gosh. So we were in McDonald's line on a road trip back and they... Their machine was down. That's like the fourth time. I know. I couldn't believe it. I ordered an ice cream because they said the machine is down. What does this keep happening? The machinery just keeps breaking and there's a national shortage of everything. And then tell them about Four Rivers. Four Rivers has excellent chicken. Yeah. Valor loves their chicken. Oh man. They got the best chicken in the world. Except for Hooters. Well but they have good wings. True. Okay. This is the chicken chicken. Like you know rotisserie chicken. Okay yeah. When it comes to rotisserie chicken. Oh man. It is like fabulous. They're always out. I know. I'm always so frustrated. Yeah.  And then they disappoint me by telling me they're out. So we've started to go earlier and earlier and earlier. We're probably there like at 5 o'clock. Sure we could get rotisserie chicken. They said they had sold out right after lunch. How can that be? So anyway that was a disappointment. Hopefully they won't be out of food at the grocery store. Well they were out of chicken at Fresh Market. I know. They will be out of chicken sometimes. But then sometimes they don't have. But this is like Friday. So I would think they would probably have steaks for the weekend. Because that's all we're gonna do is we're gonna do steak. Yep. Because we're hungry after our trip. We are. All right.  Okay. Bye bye. Oh jeez. The disappointment. I couldn't get any of the Gouda bacon sandwich. They were all out. They were out. I know.  Valerie's upset. Oh man. Acceleration. Oh man. We almost lost the camera. Oh my gosh. Oh thank you so much. You too. Thank you very much. Okay Valerie where are we now? Well now we are attempting to go to another Starbucks because we're still looking for a Gouda and bacon sandwich and Alex my drink is it was too milky this time they just didn't make it right so I drank like half of it and hopefully the people here will make it right I'm not gonna get the big size I'm just gonna get like the medium size yeah it was just disappointing cuz it's too milky you can't put too much milk in the drink sad I am so happy they have the bacon Gouda cheese sandwich in the Starbucks she's elated I am elated okay she had to have this other one that she didn't really like and then hopefully my drink will be good so I'll give you the update once we're we get parked and stuff look how excited she is all right guys my drink is good her sandwich is in hand right now okay muckbang with Valerie there we've made it into the fresh market because we're gonna get our dinner supplies get in the taters I'm so excited I love the way Valerie makes her potatoes my favorite part of rush market is the vegetable section because everything's so colorful okay so I am at Target now and I'm gonna do some back to school shopping I don't know if I'm going to montage this or what I mean I'll probably end up showing you guys like an overview of the items but I'm gonna do like a main channel style video where like I tell you the rules and like when the thing ends so yeah I don't know I crazy Florida drivers I don't know if I did this video last year but I don't know I was just feeling like I should do it this year for some reason I like going school shopping like notebooks and folders and all that so hopefully I find some cute stuff I feel like I'm a little late on the trend but I'm late for like all the trends so hopefully I'm not too late there was this one year I was like really late so hopefully I'm not too late this year yeah let's go into Target and see what I find the back to school section is kind of busy I'll do my best to get as much footage as I can but it's gonna be a little difficult we shall check that bad that's gonna keep but I never really like get away back back so I love that and also like that the trans I guess are those still cool like I don't know when I was in school those were pretty popular anyone else remember when you had to like spend $60 on a calculator yeah no we're not doing that I'll probably just get this one that's really cute for a locker or whatever but I like this butter I don't know I want to include a fun thing targets so crazy that like there's no room for this so I'm literally just like leaving my car in this corner so I can like get by these things are huge so far we're looking good my vibe is like kind of like neutral colors even though this is kind of rainbow but it's kind of muted but I'm doing like black white gray cuz like I want more people to be entered like I don't know I want it to be like practical so I think I just need like pencils and like I don't know I'm just gonna walk around but as you can see it's like crazy over there okay so there's a couple things I can't really find because I feel like they're all out I want to get a pencil case pencil holder thing but it's non-existent like I can't find anything there I probably won't include like a pencil pouch like hopefully you guys like have one or whoever you're gonna give this giveaway to what else did I want there was one other thing that I was oh like a ruler I couldn't find any rulers I don't know I feel like there's just a lot of people here so they've just like taken a lot of the stuff but the hardest part of these videos that I'm admitting it's getting a thumbnail because literally there's like so many people shopping so it's gonna be kind of difficult but we'll try hard but whatever I wanted to get like a thumbnail cuz like back to school might be trending on YouTube but other than that I think I have everything that I can like find that I would actually use shoot this camera's gonna die and I would want to do a time-lapse with me checking out I literally always forget that I have a charged battery in my bag so I'm glad that I carry one with me for instances like these okay so I know I'll probably say this in the actual video that I do I know my audience is a lot older so like maybe finishing college already out of school and stuff but you can still like enter to win for like your niece nephew brother sister whatever if they're still in school college anything so I don't know I love doing back to school giveaways just giveaways in general they're just so fun for me and it helps me out it helps you out and I don't know I just see it as a like a win-win situation try to make it more like you know neutral so whoever ends up getting the stuff it's not too crazy so yeah I am gonna head home I want to do this like fun unboxing and then I have to edit this and everything like that cuz it's going up tonight so yeah I will be a busy girl later I know that you might be like I'm not in school but also to just keep in mind you're never too old to like go back to school college trade school any type of certification like you're never too old to do that and you can do whatever you want in your life so if you're going back to learn something then this is the perfect stuff to use because it's pretty basic and everything to conclude the video I wanted to unbag this because I always forget what I order from I think this was my second choice I don't even know because I forget so it looks like this and these are the shorts it's really cute I like it I love biker shorts so this is good to have so I hope you guys enjoyed this video make sure you give it a thumbs up subscribe and I'll see you guys in my next video bye


The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. All now toll free at 1-877-927-6648 or internationally at<PHONE_NUMBER>. Now Larry Pezzavento. Hi folks, Basel Chapman here. Larry's voice is not yet well enough to be able to do the show.  So we're looking at a number of factors. So let me just give you the dowels down 216 at 34,266. Let me just kind of do it brief over you and then we can go on with the show. I'm looking at the dowel in the long term looking extremely positive. In the short term going from the daily chart is on the left. Excuse me. Middle chart is the weekly. The right chart is the monthly same things. Dowels at 34,251-222. One of the things we were looking at, I'll do this real briefly, is that we were looking for some kind of a top coming into this August period and each of the indices late July, early August. Well, using a particular technique in this case, this blue line right here on balanced volume, we managed to get a short right there on the 1st of August at 35,679 because there are a number of factors. One-to-one, something that Larry used very often is the extension, the A to B equals C to D. Now you'll see these notations in every single one of my hundreds and hundreds of charts, whether it's a one-minute chart like this, a 10-minute chart on the right here, a one-minute chart like that, you'll see the notation. These are blank charts. I put the notations in every single letter that you see. So in this particular instance, the one-to-one said that they should... I don't use this very often. Larry uses it just beautifully in his own technique and then he uses the Gartney.  It breaks out above that particular pattern. It looks like this way. Price goes to about four higher peaks, so maybe five. Then it starts to make lower highs and much lower lows. Then suddenly it turns around and it takes out the declining cone resistance. Then it can do what I call a shadow wave, one-to-one, parallel extension. In other words, in the number of bars up to that particular line, there should be the same number of bars in the same angle of progress to the upside and this diagonal move. So what did we do? We got the same thing here. There's your falling exclamation right there. There's your breakout. So that said to me, we're getting close to the top. But then I use another particular technique that I call the 914. That's where the 914 period moving averages now. Of course, this is anathema to Larry's technique. He does not use any of this at all. He never uses moving averages. I've always said to anyone that I talked about technical analysis, if you have a particular indicator or a particular tool and you use it over and over and it really works for you, don't let anybody tell you it's not in the book. If it works for you, just keep doing it over and over. Of course, it won't work 100% of the time. But if in the majority it gives you a good result, who on earth is there to say to you, don't use it? You've got to use it. It's yours. Not only that, when you learn a different technique, someone else's technique, you've got to make it your own. It just has to become part of your vernacular. You don't want to look around and say, did I do that correctly? I'll just put in $10,000. But am I right? Would you go out and buy an automobile for whatever it costs you without doing any homework whatsoever? People tend to do that in the stock market. Get used to doing your homework. Okay. So within that context, we use another indicator that said, if you just use this one indicator, you need, if you're on a desert island and you had internet, but you were only allowed to use three lines, all I would want is the price of the thing I'm following and this 914 crossover. When a cross is negative, it just goes down. As soon as the cross is positive, it goes up. It can go up. In this case here, it was very nice because we were waiting for the term. But look at this. The QQQ in this particular index from the time it rallied at around about, let's call it 300. Back in March, this is a daily chart. March of 2000, March the 16th of 2023, there was one day where it went pink. And it's still right up until the 7th of August was green. One indicator. Now it looks great when you're going back, but in history, when you're actually doing it live, it's a different thing. This is the moment it's going to jump. This is a simple technique. So look at the Qs. It turned pink and it's been pink for a while. It hadn't been pink for a long time, so this is a little bit more serious. Look at the S&P. Pink since the 8th of August. And look, it rallies right up to the line. It gets repelled at the 14-period exponential moving average. Look at the SMHs. Even with a spectacular movement in Vidya, one of the reasons why we are still short from the two days after the all-time high about less than two points of the top is because it's said to me that it's not going to turn green unless a lot of things happen to the positive side. But it is being green since May the 16th or something. May the 12th. Green, green, green, green, green, all that noise. You didn't have to listen to the show. You could just stay green until it turned pink. All right, well, with that said, shouldn't have said that, right? With that said, let's go on with the show. I've got a bunch of questions coming in and let me get back to this. So the Dow is in a sell mode in the daily. If this Friday it closes quite sharply below this 14-period moving average, it goes to a sell signal. If it does that for two weeks, it'll be a sell mode. Or if other things happen, it'll be upgraded or should be called downgraded from a buy from a sell signal to a sell mode. The other thing that we're looking at here is that the monthly chart is still really good. All the technicals are actually holding pretty well. So let's just do this because the questions are good. I wanted to show you wheat does wheat because Larry always does commodities. Look at this beautiful arch. I'm always looking at these patterns. Straight line up or down. There's a straight line up. There's a straight line down. This looks like an Eiffel Tower or a pyramid pattern. This is the arch formation. So I'm always looking at these patterns. Straight up, straight down. Cup formation, arch formation. The market is made up only of straight lines, cups and arches. The cup can be a V-shaped pattern, but it's going from one point down back to that point. The arch can be an inverted V, but in fact it's going from one level up and then back again. How we test that level is called the dreaded H-Y because if you come straight down and you make this move to a peak A or the second peak will be B and then fail and take out that F-side line, you can double that move to the downside. And there it is, dreaded H. The very positive green reverse Y is when it's going up.  There's another Y that broke to the upside. So with that said, a couple of questions have come in. 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 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 thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter, Market Insights firsthand. 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 tigers for just $1 for the year. There's no cash 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 tigers 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. Toll free at 1-877-927-6648 internationally at<PHONE_NUMBER>. I'm going south down 234, SMEs down 34, Baselchapen here. And if anyone's interested in my service, the opening call to my daily newsletter, I did a webinar last night. It was really one looking at all the, not all, but many of the plethora of tools and indicators that we use, all that I use all the time. It was really very 90 minutes. It was very detailed to get my service for a month free. It's money back guarantee. So I got a question here about FNGD. And this is the Micro Security FANG Plus three times inverse. And I believe it's the inverse long. I just tell me if I'm wrong, but that's what I'm looking at. The chart looks like it just had a good rally and now it's giving it back. So this is those FANG stocks, which did come down, but it should be, it looks different to me. I'll just do it. It doesn't matter whether it's long or short. So they're using the most obvious lowest low bar. This is the low bar right here in July and gaps up and it goes to peak A, up a case on the way up. And even this little A here gets counted because it's a peak. As your starting point, every single peak gets, that's your obligation in the Chapman wave is to count each single peak and trough. I shouldn't say single, but it's each peak and trough. Then that is a higher high. So that's peak B. There goes C. Here is D. And in the Chapman wave methodology, a buy signal that's upgraded usually at B or starting C says you should go from a buy signal to a buy mode, especially if the technicals concur. And that takes you to at least four higher peaks, but it can go higher, but it's at least four higher peaks. So there's your E and it plunged underneath the nine is still strong. The nine is still strong over the 14. Magdi is very strong. Stochastic was good. It was over 80% and now it's 61%. So that's one thing that's weak and the on balance volume is still strong. So that just says, I'll give you parameters for this rather than looking at it right now. It looks like it could be an inverse shoulder, head, double shoulder right there. I tend to treat those with respect, but I don't ever use them in the sense that there are so many other things that you can use. And then it gets a confirmation. So as this is, as I'm looking at it right now, and I just want to see, did anybody correct me? Because that's what I've read. Yeah, okay. I'm doing his chart. Okay. Here we go. Okay. Question. Yes, I'm live. I did a show this morning, but this is live. I'm live right there. Thank goodness. Nice to be above ground. Ultimate objective. So no chart. What do you mean? No chart. There is a chart. I believe there's a chart. The charts, right? Must be charts. Come on. Please have to be charts. Yeah, I can see that they're charts. At least I think I can. Yes, there you are. So just refresh, Phil, and you'll get it. So what we're looking at here is, yeah, so this is the FNGD. And it's the micro-sec fang plus three times inverse long. That's what I read. It certainly doesn't look long, but look what happened. It made this double top, and now it's pulled back quite sharply. But today it's rallying. And that just says to... Looks like this should be short. Am I wrong? Somebody help me. Because I'm also trying for something. Okay. No chart. I'm watching you on YouTube. Okay, someone... It's short. Oh, yes. I want to say this just doesn't look long at all. This is the short. So okay. With that said, these are what you need to look for. There is something today, and that must be in video, because it's at 4... 84. It's up 13. I mean, don't give up on Nvidia. I think there's still something there. It's the go-to stock, but I think it just got way carried away last time. We're watching this very closely, because as I said before in my show, we are short the SMHs. Just off the top, 161 was the top. 159 is when we're short. We've taken off our three times short positions. Done very well. We just got out of it and got stopped out of the loss a little bit yesterday. I should have got back in it immediately this morning. It looked like it was just an aberration, but I didn't. So I'm talking about it because this has... I would prefer if this was one-to-one, but it doesn't matter. So in this particular instance, it is three times short. Look at this big move. And I think that Nvidia must have something to do with it. Maybe... Let me just have a look here. Forget what the symbol is. FNGD. So Microsoft... Let me just do this one at a time. Microsoft had a big spike. Giving it all back is down 474 and 322. Look at the way the pink nine-speed moving average has been so negative. It's trying to rally. By Tuesday, if it's able to get back into the 327 areas of 322 right now, that will start to see that pink nine-speed moving average getting closer and closer to the black 14-speed moving average. And say, hey, I might even turn green. But if you look at that monthly chart, four major candles to the downside after this doji candle high at peak D. Remember, fourth highest peak in Chapman Way. You've got to be careful. And the monthly chart. Look at this. The monthly chart went to 349 in November of 2021. It comes all the way down to 243. It goes back to a new recovery high. In the 360-something area. Right? And then what happens is the MACD is good, but it's nothing like it was at that previous high. On-balance volume is okay. It's good, but nothing like it was. The MACD is good, but nothing like it was before. So there's going to be a little, and the nine-speed moving average is up. So there's nothing to say that's very negative about Microsoft in the monthly chart, but it's starting to show weakness. And weakness starts off in the daily, which is your rudder. And then the boat turns around. That's the weekly. And then the long, the super tanker is the monthly chart. And that takes forever to turn. And so far, it's holding very well. If you're looking at Amazon, fang, it must be Amazon. Apple. Oh, so Amazon's maybe not even in there. So Amazon pulling back, made a double top. These double tops are amazing. 143, 146 was the high back in September or so last year. Pulls back to the 80s. That is to 143. The way these, the way even the semiconductors after a year and a half, almost a year and a half, went back to within points of its November high, after such a big tumble. That's amazing. How do markets remember? Horizontal, actually, I think you can remember better, but those diagonal ones where you just bump into a trend line and then pull back or bump into a trend line support and rally. That's amazing. So anyway, I'm looking at this. So it says to me, you've got to have a good look at these other instruments. Google had a nice rally. The AltMI is 152. It plunges down to the back. And for the last, the last low was in the 80s. And now it's at 134. So this is really showing good strength. It's gone to the missing leg D. As we speak in the weekly chart, that doesn't mean to say, oh my God, D. Now something's going to happen. No, it just says this is where you've got to be a little bit careful. The daily chart has made this cup formation that goes to an H pattern, holds nicely, and then it's gone to a higher high. But it hasn't closed there. So it's a little bit vulnerable, but so far as doing well. Facebook, which is meta, why they change names, I'll never know. Look at this beautiful up channel. Peak F in the chaff wave in the weekly chart. Strong leg A in the monthly. And a peak G top and it's pulled back really sharply.  Or D G? There are. I'll give you parameters on this when we return. We'll look at. Yeah. D down. Basil. You is up. F N G U. Okay. I'll be right back. That was done 260. 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. 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. 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Watch online at tfnn.com or on tfnn's YouTube channel and become the investor you were born to be. tfnn Educating investors. Don't forget, you can listen to tfnn live on your mobile device 24 hours per day. Go to tfnn.com and hit Watch Tiger TV. That's tfnn.com and hit Watch Tiger TV. Hi folks, in my webinar last night, we went through a lot of things and one of the patterns that I look at is bar symmetry. Initially, years ago, I used to call it, I still call it, left side, right side, price, time match. So too many words, bar symmetry is what we're looking at. In other words, the number of bars on the upside equals the number of bars on the downside. Sometimes you have to use a particular technique because the plum line, the midpoint, it just, if you start to do it, it just doesn't look like it's going to be right. So I would move it under certain conditions using a particular candle or a particular peak or trough, but what you love is when it's exactly mathematically equal. Look at the number of bars from 12 o'clock in the one-minute chart going to this first peak, C1, C2 high. C1, C2 means you've just missed going to a D, but all the technicals were fading and it says that could be called a D and you've got to learn how to prepare for it because if it isn't a D, you could still go a little high to finally get that, to get the D, but if it's a C1, C2, it says at least it prepares you. If you have a position, you can take something off. Well, lo and behold, that first, that high was the midpoint. I drew this in as the arch formation in the first one from 12.30 going to 1 o'clock. Look at that beautiful arch number of bars and the left equal number of bars on the right. But look at this larger one that goes from 12 o'clock to exactly where we were when we started here at 1 o'clock, at 1.27. 1.27 already at 1.27. Isn't that amazing? How does the chart know? I always, when people say, oh yeah, I used a 21 period expedition moving average because there are 21 trading days or whatever it is. I always say, give me a break. What happens if there's a holiday? You've moved that 21 day and now it's shifted to the right. And if there's another holiday, like we sometimes have two holidays in the month, the whole thing's distorted. Just use it for another, use it for a reason because it works, not because it's still weak. And I don't agree with that at all. In this case, I use the 9 or 14 because of years and years, decades, and not hundreds, not thousands, but hundreds of thousands of charts during the notation. By hand, you can automate it. Steve Rhodes does a great job automating, but in automation, it gets complicated when you have like a little peak there, great peak A, and you don't know if it's the big one, then I have a parallel move and the C1, C2. I visually just take some moments and I get it done. So in this case, we've made the base, trying out for the base, sarcastic turned up, unbalanced volume wasn't fading, it held quite nicely, magnetic held, and now you've got a little bit of a balance coming in. Okay, enough with that. Let's get back to our Fang stock. So the way I'm looking at it, at this particular point, D is for down, so three times short. What I would anticipate if this is going to have a move that extends to this high here, that's the high of the 7th of June at 1129, oops, it's 1120, the next day is 1123, so that must be more, because I can see there. That is 1120, 1120 to 1123. So in the 1120s, and the high that was made on the 18th was 1091. You would have to see three things happen. One is the magnet is holding very nicely. Number two is the 9th over the 14. Number three, the sarcastic dropped sharply to 51. The unbalanced volume, the blue line is holding very nicely and the red to strength is a little bit weak. So to have this become a bullish chart in the bearish ETF, I would want to see today's Thursday and the Thursday is nearly done. By Monday at this exact time, when Larry's back hopefully, doing a show, you want to see the FMGD trading. It doesn't have to close there, but I want to see it at least trading once having taken out the high of the 21st a couple of days ago of 10.96. And now I think it's 10.99, 10 points is the high. It is 10.20. Yeah, so at 10.20. And that's a long way to go, but it is the three times rather aggressive. If it's able to do that, then what we've got is a pattern that says now it's on one of my favorite patterns, but I'm going to put it in left shoulder. LS, whoops, uppercase LS head right there and right shoulder. That's one this one way of looking at it. It's not my favorite way, but I'm putting it in because a lot of people will look and say that it looks like it could be head and shoulder. Most importantly, the neckline is what's absolutely imperative to close over. And I would say by Tuesday or Wednesday of next week, if this is successfully trading above 10.90, I think then we'll be looking at all these different indexes. That means the QQQ, QQQ could be below 350. If you see the XLK, that is the XLK is the S&P Selects Spider Tech Fund. Underneath is at 168 right now. If it's trading underneath this low right here, that's the 18th of August, a couple of days ago, five days ago, 162, 94 is the low. If it's trading, if it touches 161, those are all the things that have to happen. That's a lot to have to happen. So it's aggressive and I just say, I think you're right. If you're in it, you're wanting it to go higher. I think you're correct in this particular phase right now. I think this aberration yesterday with NVIDIA is a one-off and the market now needs to settle down because I went through this in my show earlier at 10 o'clock, my tiger technicians are looking at advanced micro devices.  Here it is. Look at this. Going to the turn to be a moving average of 99.20, it's at 155. MU is micron. MRVL has earnings today. It was a pleasant surprise. Yeah, look at that ugly candle, but if it's a pleasant surprise, it could turn around and pop. And if it's trading at 57 right now, if Marvel Technologies, this is in the semiconductor area, overnight, spikes into the 68-69 area and tomorrow at 10.30 in the morning, an hour after the market's open, is holding at least two points of that gain instead of giving it all back. And by Mondays, actually trading below 55, that'll be a good sign, but they all got this pattern, LRC accesses, LAM research, holding much better than the others. Instead of being at 666.17, if it's down over 638 area, there's real problems. So that's expecting a lot. So I think it's a process. And the process says, the tax is still under pressure. Nvidia saved the day briefly, but he can't do it alone. I'll be back in a moment and we'll look at all the other stocks and I'll be back. 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. 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. 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So, I looked at Microsoft, but what I want to just suggest is in Microsoft's case, the daily chart, I like to open these out so you can get a better picture. It's hard to just look.  Look how strong everything was, although the bank deed was lower, and they were lower than they were at that high, but they still were very good. Look what happened in this particular high and look how quickly it gave it up. So, we're looking at strength in the technicals, not being translated very well in price, and that just says there's slippage. Think of snow driving in the snow on the sand. You've got wheel spin, and that's really what's happening right here. So, this is going to a leg A. For this to become positive, you'd have to see a pretty decent close today rather than at the low of 322. You'd need to see it probably at about 325 to 326, and then a nice update tomorrow. I'm not sure that's going to be the case in this particular point. It's really struggling. It just needs a breather. You've got all this stuff on the left where you could test the 200p moving averages way down to 300. I'm not saying it's getting there right now. I think it's a stepwise process. How would I measure to give it price-time match? In other words, bar symmetry. I'd say I'd go to this particular... Look, that candle there we're almost at right now. So, if I did this, I'd go from here to that low, very obvious low right there, and I'd say, what happens if I do a price-time match to the right? Click. There it is. And it says it's two days late. It already reached that level. So, the next one would be this low, and we'd do the same thing. So, I would say by next week, that's what I was saying before, that Microsoft needs to hold in the 320 to 317s because if it goes under then, it's going to test that low and then I have to start looking at the 200p moving average. Question about Boeing. Boeing, it's got this dreaded H pattern. Remember, I showed this... Didn't I show it? Yes, I showed this before, that it becomes straight down and then bounces, fails at a peak A or B, like that, fails at a peak A or B, and then takes out that left side low. Watch out, you can go a lot lower. Well, Boeing just did that. There it is, it ran up right here to peak A. There's your peak E. This is because it hasn't gone to F. It has to be called an A until it gets there. And then what does it do? It fails and closes within two bars. It cannot close above the left side high. Let's just be careful. You can go one to one to the downside. It did that. Then it tried to bounce. It just made another dreaded H pattern. Dreaded H, because if you take out that low, you can go a lot lower. So that gap is going to be filled and it looks to me. That's what I'm looking at in Boeing. Amazon, I think I did that, but I'll do it in greater detail. So there's a trend line that I've used before, but I can use this trend line again. So I've got all these fib numbers. I used to use fibs, but I'm not. I use it and then it will be a little messy. I have to get out. But I, because Larry uses it so much and the other people in the, and TFNN, I think it's, it's worth at least keeping there. So it says Amazon at 132 down two and a half with an S. That means that the pink, the 9p moving average is just turned pink. It's just gone underneath the green, underneath the black 14p moving average going from green to pink. The day is young. Anything can happen. Right now it's suggesting that the test of this whole area here, this left side low and to fill the gap completely will be on the 3rd of August. The high was 129.84. It was 126.41. I think it's going to go into that area and try to fill it a little bit more. What was the next question? Enphase, ENPH. Whoa, trading at 122 down eight. Look at this. This is a lowercase H that holds. They can go to a lowercase M. These are just patterns that repeat over and over. Didn't fill the gap. And now it is down the 122 area and I drew this in some time August. Be careful because if it does fail, Enphase Energy Inc. Could go down to this trend line with a channel wave inside track propellant zone. This is a technique that I developed where I take like a 1.5 inch mini-channel and I say if it holds that, it's a propellant. If it fails, it's a repellant.  Propellant zone is on the edge of becoming a resistance area if Enphase goes into the 119s. And that's a monthly chart. So just be real careful. Next question was AMD. I did that. Advanced Micro Devices. Horrible candle. I don't want to take time now but Advanced Micro Devices, I followed it since way back when, oh, Fisher, what was his name? Not Fisher, what was his name? Oh, man. I can remember him so well except the name just to say, oh, Larry would get the name. He'd say, yeah, Tuesday at four o'clock. It was back in, I think it was August of 1973. That's Sanders. That's his name. Yeah, that's what he said. Yeah, Sanders, I remember. And we had, what did we have there? We had a little coffee. Yeah. Anyway, I didn't remember the thing. I did remember his name. Sanders, not Colonel Sanders, but Sanders was his name. And this is an incredible chart. This goes from the single digits to the high triple digits. Over, I don't want to do that now. Maybe tomorrow in my target technicians hour, where I do technical Friday, I'll show Advanced Micro Devices incredible moves going from sparsity to accessibility. So this says, and AMD should go down to the 99s very quickly. And we'll hug that for a little bit, the 200-period moving average. And GS is Goldman Sachs. And Goldman Sachs is failing. Very unusual. You know, Goldman Sachs, there was a period, I think there was a period where for not a single day over the year did they have a negative earnings or something like that. Anything, not a negative trade or something unbelievable. Well, you've got to have a lot. I'm not going to say insight information because I don't really know. But wow, to do that is an amazing thing. Those days are gone. It's just a regular old folk general Goldman Sachs. And it's not looking very good. At this point, I would say the IAI, which we are still long from 46 down from the low of 2020, is the clue and a sign to fail. But the one that's really fantastic in this area is interactive brokers. Look, it's almost at an all-time high as we speak. Look at that. There's a chapter inside track repellent zone right there. I can lift it up a little bit now, right there. It hit it in that trend line. How does it know a diagonal trend line? How does it know to have a high of in March of 2021 of 60, 80.57 months later in December of 2021, it goes to 80 to 83. And that angle continues to exactly March of, two years later, March of 2023. It goes to 90.19. And right here is stalling at exactly that trend line. Chapter wave inside wedge. Sorry, this is the chapter wave. There we go. Inside track reversal zone. Outside on the way up green inside pink. And it gets stuck in that track. And there's also a price time matching here between that high, the midpoint and that high. All right, I'll be back in a moment to wrap it up for the final segment. I think that's the question. I think there's one. I think that's a good one. If you're looking for potential trading setups in the stock market, the 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 in trading in the stock market, you're going to need a crystal ball. 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TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. The Tiger's Den. Available to all tigers and tigers for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of our 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. The question is about Tesla. So Tesla is trading down four and a half at 232.49. One of the things I look at is from a buy signal upgraded to a buy mode. There should be at least four higher peaks. That's where other things can happen. Well, Tesla 10-minute chart makes a low right here at about 10-ish at let's call it 230. There's peak A, peak B. See, I'm just counting each higher peak. If it goes by one penny above the previous peak, it goes, it's a floating letter. Then it becomes a peak. And what I look for, I look like tiny doji candles for reversals Oh, right there, peak D. It makes a doji candle. At this trough, I chose this as a left side midpoint and it goes to the exact one ball late, a one ball early to the low that was made. Now it's going peak A, peak B. Now so I'm just struggling but you see the nine went green. So there's a fight between this arch formation and this pattern right here where you've got your support. You've got your support right there on the up channel. This looks very much like the pattern we've inverted falling arch formation and that says if this starts to take out 2231 0.30 at any time of the next 20 minutes be careful, they give you a turnaround to where the 200 peer moving average. Did you even have to think about that when you were up here? No, but now it's the magnet line. 200 is always like a look back magnet line. So just watch this closely. Do the day. Closer we get to 230 0.80 the greater chance we're going to hit 230 at 200 peer moving average. You want to push away from that as much as you can. So with that said we're about to wrap up. Don't forget, my service is the opening call, the heading newsletter. Did a webinar for subscribers. On the weekend I usually do an hour long, where we are looking at an overview, looking at all these different aspects. Just to review once again, we are short from the down the exact August 1st high and we are still short the semiconductors two points over the high two days after the high was made, all time high was made. We'll see what happens. Have a wonderful rest of the day I'm hoping Larry's voice is improving a great deal.  Tom O'Brien 3 o'clock to 4. I'll see you tomorrow.