When we talk about performance numbers on FPGAs or on the GPUs or on other multi-core architectures or cell processor, there is something, a very wise man I can't remember who once said there's 12 ways or 12 ways to fool the masses is what it's called, there's a quote which says because oftentimes writers and technical writers and people when they write about performance numbers, some of them very clearly overlook the overhead in getting the data in and out of the processor. Ultimately in the real world and it may be so many times, it may be so fast and so good and everything but if it does not include the data end-to-end data movement, it's not really a good benchmark. There's a few things to watch out for when we look for benchmarks and all other kinds of product specifications which are released in papers and articles. So when it comes to cell processor also we're trying to keep that in mind and keep come out with effective techniques which will hide this latency that is or the overhead that is used in movement of data with computation in the background. So one of the techniques that we came out with is a DMA list. So while one thing that we have is simple DMA transfer, PPU to SPU, SPU to PPU. Once in a while depending upon the application needs what you might need to do is when it's not enough just one by one buffer transfer. The application on the SPU side what it wants to do is it wants to initiate a huge chunk of data transfer just initiate it and then forget about it. Go keep working on the data on the SPU side while this list transfer what it does is it goes to the main memory picks up data here from wherever it's available and does it asynchronously keeps collecting the data and sends it over to the SPU. So the important thing to notice while this activity is going on for data transfer we are doing computation in the background. So DMA lists and double buffering are two effective techniques which we deploy in applications to override this overhead for data communication or IO transfer. Let's look at the theory part of this. Now there's basically two important aspects to it. One is you have to specify how many transfer elements are there. Every transfer elements is about 8 bytes and each element specifies one transfer. Each transfer can be up to what is the maximum size of DMA transfers that can happen between a PPU and SPU. 16 kilobytes right? So any particular DMA operation the limit of it is 16 kilobytes we cannot do more than that. So every list element will specify 16 kilobytes, 16 kilobytes, and there will be two case such list elements. So on the whole a total of 32 megabytes of data transfer can be transferred from the main memory over to the local store. It's of course a streaming model because you know we can't fit all that data in the local store. So the local store size is only 256 kilobytes but via this DMA list it can have access to as much as 32 megabytes of data which is collected asynchronously in the background. First we have to specify the starting address of the effective address where it needs to start collecting the data and then incrementally as the data keeps on getting collected then that offset is you know keeps on increasing and of course we already know that any DMA list can transfer 1, 2, 4, 8 or multiple of 16 bytes of memory to a total of 16 kilobytes. So local store address increments as again it needs to start somewhere in the effective address and it needs to start somewhere in the local store address. So once you specify the starting local store where which will contain all this data every time data is fetched with through every list element it keeps on getting incremental and this is how a list element looks like there will be a transfer size LTS and there will be an effective address low and optionally there can be a stall and notify bit that can be set once in a while sometimes you might the DMA list might need to say okay after this list element is fetched the stop because I need to notify it to the SPU that we have fetched say 32 kilobytes of data you want to stop there or 48 kilobytes of data you want to stop because the SPU needs to probably process that data before going ahead with the remaining list transfers. Okay so effective address low you have to specify that address and then the size of the list and they're only specified once because once they're specified we only need to keep on incrementing every time a list transfer happens okay that that's the structure definition how it looks like struck DMA list element and then the size and the address and then the command to start the this kind of DMA operation is MFC underscore get L so instead of MFC underscore get we just do MFC underscore get list and again it looks the same you have to specify the beginning local store address and then the effective address and then the list at this whole list that you have created over here and the size tag ID usually just like that and then the group ID and the RID. Alright let's look at one example so as we have covered in the just now there'll be a stall bit in the structure there's some reserved bits over here number of bytes in here is is set to 16 and then type def it to bits and then this whole union consists of that structure and the effective address low so in the DMA list element again we have to attribute we have to align it alignment right very important and then the we start the actual this is the main part that does the DMA transfer and list transfer so basically as you can see using a single DMA list command we are able to transfer a large region from main memory over to the local store of course every single list transfer is limited to 16 kilobytes so so the size for every transfer if it is less than 16k right or if it's more than 16k it is to if it is less than 16k it's set to n bytes of transfer per list element if it's more than it is truncated to 16k because it won't it won't go through anyway and then size of is set to the s3 value that we've just computed initialize the effective address and then decrement the size with the amount of bytes that we have just initialize this list element with so that the next element gets the next the remaining bytes to be transferred and then increment the effective address space because we want to store it in the new offset or we want to get the data from the new offset okay and then basically list size becomes I time size of struct DMA list element and then which is the total size of the list right and then do the MFC get this is the old API in now it's just MFC underscore get L you don't need to use this MFC DMA 32 okay so double buffering building on top of the DMA list technique now we have another technique where we are exactly trying to see you know for example if when you are your DMA is going on how to overlap with compute and again this is also a standard technique it's not a new invention by IBM done by other architectures also we are just trying to provide via the double buffering technique how it happens in cell architecture so basically we have to start one DMA list transfer the whole key the whole key is to overlap the DMA transfer when the DMA is exactly going on operating on the previous chunk of data that is fetched so we have to start the whole overlap contain you know is it comes between computing on the data and then initiating the DMA and while you're waiting for the first DMA to complete right when you're getting the first chunk of data obviously there's no overlap from the second chunk of data onwards when you're waiting for the second DMA to complete you're working on the first DMA data that you've already fetched so we start a DMA transfer from main storage to buffer B right wait for the transfer to complete use the data in buffer B and repeat let's look at a diagram to give it give a good idea so we have the first iteration over here these these portions signify compute and this is the portion that signify DMA input so the Mac purpose of double buffering is to maximize the time spent and then minimize the time spent in the compute phase of the program and then minimize the time spent waiting for DMA transfer to complete so a key thing is multiple local store buffers and double buffering we use two buffers and triple buffering will use four there's there's applications which use you know four times I'm not sure what the word is for that but you'll have four buffers and you're trying to create a pipeline for four buffers in fact we did have an application which uses triple buffering the extreme blue project accelerated vision okay so and then with the same thing the same rules apply for these DMAs also for all the get-and-up put operations you can use fences and you can use barriers with all the double buffering techniques also okay so this is a good diagram let's dig deeper into this so we first initiate the DMA transfer for buffer to buffer 0 right and then you initiate the transfer DMA transfer to buffer B1 right you bait you wait on the DMA transfer to buffer 0 on the buffer 0 to complete you use the data in buffer 0 right and initiate the DMA transfer to buffer 0 wait for the DMA transfer to buffer 1 on buffer B1 to complete and then use the data in buffer B1


The Tom O'Brien show is produced every business day. Tom takes your phone calls toll free at 1-877-927-6648 internationally at<PHONE_NUMBER>. Hey, Robin, how you doing, man? Yes, thank you for taking my call.  I'm a small business owner, primary bread winner for my family, and if I can get that money, it's going to really mean a lot to my family, so thank you for taking the time to do that. No, listen, man, we appreciate you growling and prowling with us now. Tom O'Brien. Folks, Larry Pesimento is setting in for Tom O'Brien today. I'll also be setting in for him on Monday, but I'm going to start out the show today with a chart from Jeff Hughes of Alpha Insights that he shared with us on Monday. This is what he's referring to as a bear market rally, and that it had peaked. If you'll notice this chart very closely, folks, remember, this is technical analysis. This isn't fundamentals, but you can see here that those two little red circles, that means that we left an island reversal up there. It's one of the most bearish patterns that you can get in all of technical analysis. Now, should we get above that, that means that this is no good, and we're going to go a whole lot higher, but right now that's what's happened. So far today, we're trying to make a 382 retracement in the E-mini S&P at 4190. So far, the high has been 4186. Dyle Jones is behind it a little bit, but not too far behind, and the Nasdaq is also pretty much spot on. But that's the 382, and it's taken two days, Wednesday, Thursday, to get there, maybe even Friday, maybe even next week. I don't know. We'll have to wait and see, but right now that's what we're looking at here in the market to see what's going on. I'm going to be covering some metals here just a little bit later, but I wanted to cover a few things that I think they're relatively important because we don't see these types of things too often. I wanted to show you a really vivid explanation of what that three-drive pattern is, and if we look at the price of Microsoft here, you'll see we went right up to the 50% retracement spot on, and then the market gap down, leaving that big island reversal. Folks, the reason why that's so very important is because the fact that everybody that bought it over the last eight days now has a loss, and that's not usually a good thing, but it can easily reverse, get a lot stronger and go higher. We could certainly do that without any trouble at all, but right now that's not what's happening, so we've got to do just one thing at a time as we look at these charts that I'm going to be showing you here today. Now, I always talk about, oh, we have to share a really great story. One of our new listeners had his first experience with the 135 pattern today with the stock of CRM. Boy, if this would ever make it to the textbook, this would be it. Look at this, folks. It opens at the 78% level down there at 161, opening price. It opens right there at 786. Man, your risk there is so small. Look at that made it well. There's a huge move in one day, but that is a 135 pattern. There's your one over here on the left. There's your three and there's your five lining up perfectly at the 78% level, and that has had a very, very strong move today. Congrats on that.  We also had another gentleman from Philadelphia, Mr. Jeff, called in and talked to us about one of the currencies that he's following, which is the Swiss franc. Hold on one second, I believe. Get this up here, Swiss franc versus a dollar. Get this up here, and we'll be able to see it. It's the 135, but this time the 135 is on the downside. You can see you have the three lower tops in here. There's your one three and five, and then the market heads down. Your trigger is the first red bar after the market makes that high. In other words, the first time it closes lower, that's where you sell it, and your profit objective is down at this level right here. So that's a 135 pattern on the downside. The one we just saw is a CRM, the stock CRM, and it is a 135 on the upside. It's just the absolute mirror image of that, and that's what we're paying attention to. Now, I know that Tom O'Brien is heavily involved in promoting gold because he has his gold newsletter and stuff, but I wanted to share with you a couple of charts here. First one we're going to look at here is the daily chart for the GDX, which is the gold miner index. Boy, this thing has had no friends, folks. As you can see here, it's been dropping like a rock. We're trying to make a bottom in here. As you can see here, we're making the big ABCD to the downside. We have a little ABCD to the upside. We're basically going sideways, not too much happening. So the first thing I do is looking at that, say, what could be holding it up? So it could be a possibility of a longer-term cycle. So all we're going to do now is we're going to take a look at the GDX, and we're going to put it on a long-term basis, which is going to be the weekly, and you'll be able to see that this is where we're hanging out, folks. We're hanging out on the big ABCD at this level right here. Now, we're holding here for now well over 10 weeks. And do you know what the first thing I did when I looked at this chart? It's not breaking lower yet. And this might be a bottom, folks. It could be a major, major bottom in here. As you can see, you have the big ABCD coming in, just absolutely spot on. And it's not breaking. You see, it has that little tiny bit of a rally, and then it came back to test, but it's not breaking it out yet. So that's it. We had an interesting pattern last night in the gold market. I want to share the folks with you because of those of you that follow Tom know that he follows the gold minute by minute, and he'll be able to give you a pretty good idea of what we're looking at right here. And I think this is it. Nope, that's silver. We'll do silver in just a moment. Here's the gold right here. There's the gold. Here's the gold. We made a 382 retracement in the gold last night off of the high we made just about five or six days ago. And that tells us that this could be the end of it. This was the 382 came in at 1772. The high was 1778. We went all the way down to 1764. I just checked the price. Check the price before I came on here. We were trading at 1769. So that's still in the process. You can see we've been going down here for weeks and weeks. You know, there's our first there. We have the big ABCD. We have another 382 retracement up here. And then we have another move down. That's your ABCD to the downside. Then we have a really strong rally. That's the 382 of this other number back in here, folks. And so that's all this market has been doing is making 382 retracements, you know, on the way down. That's a definition of a bear market. And that's what we're basically seeing in the Euro. And it's very hard for the US for the goal to rally when the US dollar index is so strong. And folks, if you want to see strength, boy, oh boy, I'm just going to bring this up to you right now. We'll just look at the daily, then we'll look at the weekly. We'll be right back.<PHONE_NUMBER>. Time of booming inflation. We are purchasing powers eroded. There's no better place to protect your hard earned money than ain't gold. This the gold flagship asset is the Moncard Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world class gold project in a tail one mining district. This is a large scale, low cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. Vista Gold just completed the Mount Todd feasibility study, which resulted in a 7 million ounce gold reserve in a 16 year mine life. All of this combined with the approvals of all major operational, as well as environmental permits. This distinguishes Mount Todd as an attractive, diverse party, ready development stage gold project. Vista Gold trades on the New York Stock Exchange under the symbol VGZ. 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. 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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. I'll be setting in for Tom O'Brien. I'll also be setting in for him on Monday. We're going to have Jeff Hughes, our guest on Monday. He'll be helping me show some of the wonderful charts that he puts out from his service alpha insights. I mean, it's just really good stuff. That first chart we saw of the island reversal in the S&P cash is very, very important. I've posted charts of both the dollar index daily and weekly. As you can see, we've been in a tremendous bull market. This market is going to continue until it stops. The objective on this looks like it's at 112 to 113 on the daily, which is very, very important. But in between, during this time, all the times that these markets are jumping around the way that they're jumping around, I want to show you just how beautifully harmonic the euro is. I know it's not a stock, but it's the most actively traded thing in the world, folks. About a trillion bucks a day goes through. There's your ABCD pattern. As you can see right there, just absolutely perfect. The line right below it is the 382 line. You make a beautiful ABCD right near the 382. The market starts down. The fact is, if you'd followed it for the rest of the day, much like we were trying to do when we were watching it today, you'll be able to see that we had a pretty, pretty big correction here in the euro coming down, almost exactly where it was supposed to come down, you'll see. And that forms that same pattern that we just saw from our good friend that talked about CRM. There's the 135 pattern coming in right here. So pay attention to it. This is where the euro is going to make it stand. And if it fails, we're going to be heading down. Remember the long-term pattern on this, the weekly that we've been watching for a very long time comes in at 95. That's not unusual because 22 years ago, here in Tucson and all the rest of the world, the euro had started trading in 1998 and it was in the midst of a pullback in 2000. It got down to, I believe, 86 was the low. From 86, it went to 160. Believe it or not, folks, that's how much volatility that goes on in those markets. Because in 19, in 2007, in March and April of 2007, we were looking at a euro at 160. That's when you went into a restaurant in Rome and order a Diet Coke and it was only nine euros, folks. Euros, not dollars. That's 12 US dollars. Hello, operator. I moved to water that particular day. Okay, just talking a little bit more about some of these things here. I wanted to give you an idea why we're at such a critical level here in the stock market. Remember, this is from my perspective. You know, I'm a technician and this is what I'm looking at. Here's the action that we're seeing here. If you'll remember, if you listen to the radio or belong to the 24-7 or listen to the show, we were looking at being a seller up here last Thursday. We had a beautiful pattern. Then you had the 135 pattern. As you can see, two days later, it lined up just absolutely perfectly on this hourly chart. Then we dropped all the way down from 43.35 all the way down to 41.10. And 41.10, folks, was exactly one standard deviation down from the high. And that's why it was so very, very important to pay attention to that. And then you can see what's happened now for the last day and a half. We're trying to make it up here to this 3A2 retracement at 41.90. So far the high has been 41.86. The Dow Jones is far behind. It's not doing nearly as well. It could in any moment, of course. But right now, that's what we're seeing here in the E-mini S&P. Now, I know that the Fed is out there today and they're telling you all the things that are wonderful and good. And if you believe any of that, I still have two shares of the Brooklyn Bridge, but that's neither here nor there. Remember, the bonds have been going down since Hector was a pup. And they finally had a little bit of a bounce today. We came off of that major level we were watching down there. And just a little above, actually, the number for the ABCD came in at 135.22. Our low was 136.04. And we rallied about a point and a half today from a very, very oversold market. And that was telling us that the Fed is out there trying to help us the best way that you possibly can. I have a question someone just asked about interday swings in the Dow Jones. And I'll try to answer it with this next slide. I watch 15-minute charts, folks, interday, because it gives you a lot of swings. They're easier to identify the ABCDs as opposed to a 10-minute chart. Well, not difference between 10 and 15-minute, but you get down to a two-minute chart, too much flutter. But on a 15, look, over a period of a couple hours, you can see some really nice, look at this really nice ABCD at the top. And look at the bottom. There's an A, B. The market goes exactly to the 3A2, goes all the way down to the 78% level, and then back up again. I mean, that's the beauty of the ABCD patterns, folks. They are predictive within nature. But do they work all the time? Nope. But guess what? Nothing else does either. It's all about probability. That's all we're dealing with here is probability both on the upside and on the downside. Main thing. Now, we're going to get into some metals here. We're going to start out with the Dr. Copper today, because it's been acting relatively well. We've had a tremendous break in Copper from the $5 level. As you can see up in the upper-far ABCD pattern right there, there's your ABCD coming off of a major $5 a pound. And look what happens. Down, down, down, down. We finally have a really strong rally here over the past three weeks. And where do we go to so far? Right at the 3A2 retracement of the high that we made way back here in March. So that's a very important level. We're out here at $370 in the Copper, boys and girls. If we can get Copper popping above $370, maybe the world's going to be wonderful and good again. And there's going to be all kinds of building and producing all kinds of stuff. But, boy, if it fails from here, it tells you maybe the demand for a Copper isn't what you might think it is. But remember, since the 22nd of June, we've been up, folks. We've been up for just, well, a month and three days. That's a heck of a rally. We rallied from 312 up to 370. So there's nothing wrong with the Copper on the bounce. It's had a lot of people that really liked it. So I hope that helps out a little bit. Someone else asked a question about why I like ABCD. Well, they know why I like ABCD, but why I like 15-minute? Well, to give you a perfect example, here's one in the crude oil. I just did one with the stock index with the YM. Now, let's take a look at the same pattern. This is the 15-minute on the crude oil. The difference is, when you make the ABCD here, the market drops $2,000. With the S&P, it dropped about 750. So you can see the volatility in this is in the crude oil. I mean, lots of action going on in the crude oil. No question about it. It's moving around, rocking and rolling, just like we expected to do all the time. Remember, we had a beautiful ABCD pattern on this. Since I don't get it on Tom's show very often, I should bring this up and let you folks take a look at it, because it was pretty important that time that we did this. And we'll get it up here in just a moment. And we'll be right back.<PHONE_NUMBER>. If you want to take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metal sector, as well as the markets that move gold, which is the currency and bond markets. New subscribers get a 30-day money back guarantee, so you have nothing to lose. Every Monday morning, I publish the Gold Report with coverage of gold, silver, bonds, the XAU, HUI, GDX, as well as more than 30 different mining equities. To see for yourself the types of profitable trades that are recommended within the Gold Report, sign up now by visiting TFNN.com. Don't miss out on the next great gold trade. Sign up today. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority in technical market analysis. 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. Including guardleafs, ABCs, butterflies and much more. The art of timing the trade charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks or even months searching to find. And right now we're offering licenses available at only $79 a month. We are so confident that you're gonna love this new charting software that will even give you a 30-day unconditional money back guarantee. Don't miss out on this incredible new piece of software. Get your copy of the Art of Timing the Trade Charts today by visiting TFNN.com. 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. Okay, we're back folks and we are rallying into the close here. It looks like the last 25 minutes. Remember that number we're watching is $41.90. We're at $41.80 something I heard just a second ago and so we're very close to making that $3.82 retracement. $41.90 might not even hold it folks. It might go through there like it doesn't even exist. We don't know that but nobody else does either. Next chart we're going to look at now is we're going to switch over to the precious metals and we want to talk about silver. We're going to do a daily starting out with and then we're going to move over to the weekly. As you can see here this daily rally has been quite meager. Not even able to make a 3-8-2 retracement of the high we made back here just about five or six weeks ago. That's not a very good sign as far as much of a market rally but we want to look at it on a little bit longer time frame because we've got a chance here over a period of time to maybe get a really big move here in the silver market. Hold on with me one second and we'll be able to take a look at it here. This is the one I wanted to show you. It's the daily folks. Hold on one second. That last one I showed you was the weekly.  This is the daily because we're down into area where we're at pretty good support. This is the very large ABCD to the downside. We've completed that and now we're testing it down here to see whether we're going to hold it or not. That's the real key. Very similar to what we're looking at in the market with the gold market as the same thing in the gold markets hanging in there at the 3-8-2 which was 1773. 1768 is last so we're the same thing in the gold and silver to see whether they're going to hold these or not. Now I know today's a fed day because everybody's having fun in Jackson Hole, Wyoming and so there will probably be a lot of variations of what happens with these markets before the end of the day but that's what we're seeing here today. Watch those numbers folks. Very important. 4190 in the S&P and the E-mini Dow Jones is way up there. That's at 3-2-3-2-3. I mean that's way up there. That's another 150 points, 200 points from where we are right now so that's got to really move just to get up to the 3-8-2 and believe me folks it can do that. That has no question about it. It can really move. We're trading at what somewhere around 30-31 and we could get to 33-3 without a heartbeat. The high so far in the S&P last time I checked was right around 3188. That number is 4190 and of course we're coming into the close which is going to be this is summertime so anything could happen with the markets being really really quiet. Okay let's get back to the precious metals. The next one I want to show you is the platinum market here. We'll get this up here. I've already showed you the GDX and why it's so weak and no wonder. I mean the platinum miners you can see look at these lower tops all the way through here folks. This last one was an exact 61% of the move right here and 3-8-2 off of this one right here. I mean just spot on and we dropped well over $107 in platinum just off of that high right there but we're getting down into some really really strong support in here. Is the chart showing now? I'm showing a discrepancy that possibly that we're not showing. Yes we're okay so that's what we're looking at. You'll see that it's holding relatively well right now but anything could happen and it usually does as they say in the trade. Okay now if you have any questions<PHONE_NUMBER> and be more than happy to answer them. I've covered that dollar index which I think is a you know very very important one to look at and get these others lined up so we'll be able to see them. I wanted to show you what is this that's not it. Hold on one second here I wanted to show you natural gas folks because if you listen to the news at all there's a real problem of course in Europe especially Germany and France with natural gas especially Germany but look at the action that you have in natural gas. Look at the ABCD pattern here right at the high at the 78% level. Look at that and it drops five almost $5,000 down to this level here and all that was doing was making an A, B, C, D right here and guess where it went went all the way back here we're trading at 9 30 already came all the way back all the way down here from 915 we rallied another $3,000 $8,000 swing like it was not even nothing this makes pork bellies look sick when we used to trade pork bellies that's how they used to trade is up and down like that all the time anyway that's what we're watching here the natural gas I believe my prediction is once we close above $10 in natural gas we will probably go to 14 or 15 the old high in natural gas many years ago was $17 and remember they've got prices in natural gas over there in the Isle of Man in the UK and Scotland and Ireland is like four or five times what it is here I mean it's really really it's really really tough remember gasoline over there is $10 a gallon as opposed to what 360 here of course our taxes is not as much as they have now I've been asked to talk just a tiny bit about the cryptocurrencies and I'm going to do that and I'm going to do it in context of what I know which is nothing more than a B equal CD and here's the first when we get up here you'll be able to see there's where we are we had the high made back here 68,000 the market broke makes a perfect ABCD as you can see right there perfect ABCD that was a 50 percent retracement then the market breaks down the ABCD on this measures to 12 look at this folks the first rally exactly 382 the second rally here at 25,000 we just hit I believe I think that's what we 24 25,000 that's exactly what we hit again 382 so this market is still bearish and if we get much below you know 20 and 19,000 or 18,000 that's going to tell us that we could be looking at 12,000 so this is not a market for the faint of heart and of course we have you know BlackRock is in the business now because they have supported they're going to be supporting Coinbase and so that's a positive event but these things can go and come very very quickly as you can see like we did with the how the price of Peloton you know they were taking our gave what Amazon gave them a space for advertising and it was up 10 percent next day is down 10 percent so what the news says and what the news does is two different things so let's remind ourselves of that for sure okay now one other one I want to talk to you about here is Palladium we hardly ever talk about this but this is very heavily involved in all electronic stuff especially anything related to neon and lithium from what I understand here again the old CRM chart that we heard earlier there's your 135 pattern right here look out gaps up today there's a perfect 135 135 that's three higher bottoms that's what it is the first higher bottom is at the 61% retracement the second higher bottom is at the 50% retracement so that's why it's so good what does that mean it means you most probably are looking at an A BCD up here at the 50% retracement up several hundred dollars from where we are right now I mean quite a bit trouble is this is not for the faint of heart folks I mean it's tradable but boy it is wild and it has huge margin requirements so I suggest you you know stick with natural gas as opposed to Palladium Palladium is a little too much for just about anybody's plate so remind ourselves of that okay let's take a little break and we'll be right back eight seven seven nine two seven six six four eight Vista Gold owns and operates the largest undeveloped gold project in Australia the Mount Todd Gold project Vista Gold just completed their feasibility study resulting in a seven million ounce gold reserve Vista Gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing an accretive transaction Vista Gold trades on the NYSE American and TSX under the ticker symbol VGC Vista Gold executing a strategy to create shareholder value you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at tfnn.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices get the opening call newsletter by Basil Chapman and your inbox every day first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors biotech is booming but for how long 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from 38 000 down to what 30 31 000 and now we've rallied up to 34 000 so what we're doing now is making a a 38 2 retracement from the low we made on june 24th now remember we were down really big we went from 41 excuse me try it again from 43 35 down to 41 10 which was down one standard deviation and from that we've rallied very strongly and we're up a hundred and what how many points are we up about 80 points uh almost at the 41 90 handle which is the 38 2 retracement of the move now the nasdaq remember is already is at that level right now the dow jones is 150 points below it that number comes in at 43 3 2 3 i has been 43 2 3 3 so it was 100 points off on the dow jones but that that's because the dow jones is only you know 30 stocks and they're they're price weighted folks they're not cap weighted so it's not a very fair index it's of the four indices the number one is the s and p the number two is the russell number three is the nasdaq and number four is the dow jones i mean that's basically it and remember the nasdaq is basically you know 15 stocks you know the fang stocks and a whole bunch others so that's why you've got a you know select what you're going to trade you know and stick with it i personally don't like trading the nasdaq occasionally i will because it's just has a little bit too many hiccups in there and so what i'd like for you to do is just remember that these things and might not necessarily do what you think oh we just made i just see the limit minor just went off here we hit the 41 just hit the 382 retracement just now 41 90 in the e mini s and p just absolutely spot on so we're going to see how this one works out before the end of the day and then we'll move on to the next one from that level as we keep watching some of these but we've only got i think 12 to 15 minutes about 15 minutes to go in the day but we have hit that 382 retracement that we talked about in the e mini s and p effect is i'll get it up here so you actually the number is 41 94 i misspoke on that one and i apologize but let's take a look at it you'll be able to see it it's nice and bright there it is right up there at 41 94 is the exact number i i had it to when it made a new high my limit minor went off to tell me that the markets i don't get live prices when i'm doing the show like this it just too distracting so all it does is it tells me that a price level has been hit and we did hit 41 90 but 41 94 is the number you know that we're looking at there and we should be able to pick that out you know without too much trouble we got to dial up a couple hundred points i would assume nasdaq is up but what probably about 350 it's up a couple hundred they're doing very little and the rest of it is just pretty quiet so this what we're paying attention to here here tonight as we're looking at some of these things moving on okay now the next thing we want to talk about is the bond market folks the bond market is in big trouble i mean we've had a tremendous rally up from the 382 we got up to 146 the number that we're looking at on the downside is 132 the federal reserve is in trouble i know no one believes that because what they tell you and what they do are two different things but interest rates are going higher there's no other way you can add to it they are going higher that's basically the bottom line and so pay attention to that very very important and we're almost uh i see now i just popped up to check the prices we're almost at the exact 382 now and we just hit it just now the beeper just went off at 41 94 that's the 382 now in the s&p whether that means anything or not i don't know probably not and the reason why is in the reason why is because it's the end of the day and not many people are there on this on a summertime day uh in august i can promise you that they'll actually they actually disappear around those times so let's remind ourselves of that also okay next question someone's asking is about the uh hold on just a second i'll get the chart up and that is about the german DAX we had tom who guard on my program today as a guest oh that's not what we want we want to show we want to show the discord day hold on a second get this up here this shows the german DAX you can see under a great deal of pressure had a nice snack back rally trying to make the 382 retracement and i believe we'll probably make it tomorrow and we don't think we made it today because they've already closed over there but that's what we should be looking for you can see the small a b c d pattern coming in right at that level now the german DAX is pretty heavily traded because that's all german companies but the footsie which is from the uk that that is mainly foreign stocks folks it really is it's just it's just totally unbelievable that most of that stuff is all foreign but it's traded and it's pretty active not as active as we see in the dow jones and some of the others but take a look at this this is had a tremendous move off the bottom and again trades beautifully off the numbers and you'll see it setting right there there it is right there on the way up that's pretty much where we stand so that's what we're watching here so we'll see what's going on and we'll go from there right now and we'll see if that number of 1194 holds i just noticed that that's what was the high so far but it's still a bit early in the move so we'll have to wait and see what's going to be happening coming up we've got a break coming up here<PHONE_NUMBER> on my show tomorrow on my regular show between one and two i'm going to have stan harley of the harley stock market letter i asked my guest as my guest and that'll be always always fun to have him on the line so we'll be able to pay attention to what's going on with stan and he has a bearish posture in the market so we're going to see if anything's changed since the last time that we that we had him on the air very very important i wanted to share with you the corn market folks because the corn has had some you talk about deflationary tendencies we've had a really bullish signal in the corn and yet the market is telling us you'll notice we went right up to the 78 percent level and then today we came down and we take out we took out these lows folks from yesterday we had we went up 20 cents down 20 cents and down 20 cents so there are people selling corn so they're either they're either really seeing that the corn is going to be well distributed or there's just a little better crop coming in than what we might think but there's still a little bit early and this has got a long way to go and remember this is just a short term 15 minute chart even though it's a thousand dollars a swing that's not much in corn during a weather market that that's really the case hey we got to take a little break here to pay a few bills eight seven seven nine two seven six six four eight the technology around us is changing every day with so much happening it can seem impossible to keep up with all the information david whites investment newsletter the technology insider is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future david white has made his living staying on the cutting edge of technology his weekly newsletter will give you specific recommendations for value tech stocks as well as entry prices target prices and stops to set for each trade david delivers his weekly newsletters every friday with updates throughout the week you can get the technology insider at tfnn.com for only 37 in 50 cents sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer try it risk-free today with our 30-day money back guarantee tfnn educating investors you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at tfnn.com the opening call newsletter is written by basal chapman creator of the trading methodology known as the chapman wave the chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices get the opening call newsletter by basal chapman in your inbox every day first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors everything in the universe is governed by the fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the fibonacci 24 seven 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 seven 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 then hit watch tiger tv that's tfnn.com then hit watch tiger tv okay folks larry pesavento setting in for tom will brian and since i don't get his audience very often i want to post the chart the same as we started the show the bear market rally we just made the 382 retracement just a few minutes ago folks at uh 41 94 in the e-mini s and p whether that stops it or not i don't know but this is a very bearish pattern because it's an island reversal one of the most bearish patterns of all but if it goes above that level it's no longer bearish folks if we get above 43 25 or 43 well 43 25 we'll do it we're going to go a whole lot higher why i don't know but it won't make any difference this pattern will have broken and that means that you're going to be going a little higher and not lower but right now all we've done is make a little 382 retracement off of this so that's basically what we're seeing as we as we look at this here right now and we just made a new high at 41 95 so we've taken out the 41 94 and we're going to be closing right on the high today and that means the dow is going to be up almost 300 200 and some in the nasdaq and 50 some in the s and p and all is happy in river city and what we want to do is to make sure that you do something for your neighbors folks because there's a lot of folks out there that are not doing very well so live every day in an attitude of gratitude and may god bless and we'll see you on the flip side on monday i'll be doing the show for tom o'brien so have a wonderful weekend and may god bless


This is Witchspace news for Friday the 11th of September 2020 I'm CMDR Burr In this weeks news Galnet bursts into life Narrative returns to the galaxy There's a community goal next week We have new details about Odyssey and more If you enjoy this video remember to hit the thumbs up and subscribe to the channel That stuff really helps After a not so subtle hint at the start of the week from Frontier Elite Dangerous had what is perhaps its biggest day for a very long time Around 9am UK time on Thursday Galnet the long dormant in-game galactic news service Suddenly burst into life again and began reporting that multiple star ports in imperial space Had been attacked and were on fire The initial reports seemed to indicate Thargoid intervention And indeed the AXI did initially scramble their pilots to react to a new threat from the green meanies The story however quickly began to change and rather than a Thargoid attack It appeared that the attack may have come from within An organisation called the Neo-Marlinist Liberation Army quickly claimed responsibility And the Empire began calling for independent pilots to aid in the emergency evacuation Of four star ports from within their borders Upon arrival at the star ports commanders were greeted with burning stations and significant damage But also the familiar Thargoid green caustic burns that we'd seen on stations after a Thargoid incursion It was initially assumed that this was a bug from using legacy in-game assets More on that in a moment But whatever the reason it wasn't just the stations that were ablaze The community reaction to the apparent return of narrative was as you'd expect enthusiastic to say the least Station attacks were back on Galnet was alive Frontier had said on Monday that they'd have something they wanted to talk about on the Thursday livestream And it was now apparent that as many had expected the thing they wanted to discuss was Galnet's return However, the return of Galnet and the newly attacked stations was just the start of it In what was one of the best livestreams Frontier have ever done Community lead Arthur Tolmy and community manager Bruce Guarido began spelling out a plan For a newly created evolving narrative in the galaxy That incorporates Galnet, community goals and in-game events and extends right into 2022 And the next community goal starts next week Yes, that's right, next week Whilst we can't be positive about what the CG will be about Galnet was again updated while we were making this video And it seems that new construction projects are incoming to upgrade some outposts to fully fledged starports To help deal with carrier refuelling requirements This sounds a likely candidate but we'll see what next week brings When asked about the green goop-like damage on the burning stations Frontier only stated that everything that we'd seen in the events of the day was intentional Everything So it seems you're gonna need your tin foil hat again going forward Frontier clearly excited by what they had planned continued That they now have a dedicated team of developers in place for the planned narrative events And that the community team themselves have been personally involved in the development of multiple storylines That will contain plot twists and pivot points that should catch the community off guard And also provide opportunity for the community to steer where the narrative goes And in expansion on steering the narrative the team also stated That the changing story would also provide opportunities to reshape corporations and markets And even the diplomatic landscape of the galaxy as we know it And when asked whether the Thargoid threat would be included in the upcoming narratives The team would only say that in the forthcoming events They'd been careful to ensure that there will be something for everyone The guys also stated that the upcoming events would not just reward with credits, materials and reputation But that other rewards are incoming as well We can only speculate on what that might be but the obvious candidates are decals, bobbleheads and possibly skins etc In any event it's all positive It also seems that going forward we can expect seasonal events as well as story driven CG's Arthur hinted that Halloween for example might be something to look forward to in-game this year Whilst Frontier have always maintained and here at the pit we've always believed That CG's and Galnet were not gone but were in fact just on hold It feels great to finally be talking about them again in a positive light Whilst we're obviously excited about Odyssey and what that might bring to Elite To have Galnet and community goals off of their extended hiatus is not only exciting But it's happening right now If you've not experienced burning stations in Elite before Make sure you don't miss it Check out Galnet in your right hand in ship menu Fit out any ship with economy class cabins and heat sinks And join in the evacuation So with all that said Frontier then moved on to talk about Odyssey Attempting to answer at least some of the questions that arose from the first Odyssey developer diary The guys picked up on some specific points with some real solid actual answers I've linked below to the forum post that followed on from the livestream And that contains the full answers but I'll summarize here for you now On the subject of planetary life in Odyssey they stated that the thin atmospheres Odyssey will introduce Are not capable of supporting what we would consider animal life in a strictly terrestrial sense Suffice to say they also can't sustain human life However the life that we do find in the Odyssey expansion Will not all be strictly plant life either but rather what Frontier are calling organics They further elaborated that you can expect fungal, chemo, synthetic or even bacterial life But also others that defy any regular terrestrial classification Based on that description I wouldn't expect to see anything walking about But it's apparent we're going to be seeing life that is certainly outside of our realm of experience so far The team then goes on to explain that the huge diversity of life we'll encounter in Odyssey Will be driven by a planet's chemical and atmospheric makeup As well as the geographical positioning of the life on a given planetary body On the subject of Odyssey's new planetary rendering tech I was very pleased to hear Frontier confirm that the new rendering technology will most definitely extend To all the existing planets in the galaxy So your current favourite landable will be getting a significant makeover even if you don't own Odyssey And on the subject of spacesuits and those shown so far There are multiple spacesuits coming to Odyssey so far they've shown only just two The differences in the suits extend beyond just cosmetic and will in fact be tailored for different activities in the game Also each suit comes equipped with a flashlight And finally as if all that wasn't enough the next dev diary has been filmed It's in the editing suite at the moment and it will contain new footage from the inside of an Odyssey starport All in all it was a massive exciting and unexpected day and there was a huge amount to take in We firmly believe that with everything we heard yesterday and everything we now know about Odyssey Now is a very exciting time to be an elite player and if you've been away from the game for a while Then there's never been a better time to come back and reacquaint yourself with the best galaxy in gaming But what do you think? Did you see any of this coming? Are you excited for what the future now holds and do you think you'll be helping to build a starport next week? Sound off in the comments below That's it for now thanks very much for watching we'll be back later this week with more videos Until then 07 Commanders follow the greens on the way out and do keep clear of the toast rack We very much look forward to seeing you next time