The following is a presentation of TFNN. The Tiger Technician Hour with your host, Basil Chapman. Call now, toll free at 1-877-927-6648. Hi, guys. I'm Basil Chapman on this Monday, the 25th of October, 10.06. And we are about at a decent time. And we're looking at the DAWB 21 at 35,698. It's going to be a really fascinating one. I went through all the charts over the weekend. And certainly for my subscribers at opening call, I did that webinar on Tuesday. I stopped it just a little before the charts that I had already noted and everything. Just before the end, because we were running out of time, but I wanted to finish up talking about the VIX. We did that. And then I said to subscribers the next day that I'll be following up when the archive is there and on Saturday in my webinar, sorry, in my video that I do for the overview. I'll finish up those slides, which is what I did. And one of the things that we were looking at is that so many charts have gone like the DAWB methodology. We're always looking from an identifiable low bar to count each excessively higher high to notate them alphabetically in sequence on the upside. It's uppercase letters on the downside is lowercase letters just to identify the trend. We're looking at the chance of going all the way to seven peaks to the upside, but it's at that fourth highest peak, peak D, we label it ABCD, that other things can happen. And that's exactly what we're looking at right now. Look, the DAW has made a leg D at 35,765. One of the reasons why we're long is that we looked at it as the technicals were improving. It kept on bumping into that right here. Inside track repellent zone. The repellent zone can give you a one-to-one to the upside if it breaks out. It's done that. We've taken just a little bit off as it went to that leg D, but now I'm starting to look at it and say, well, there are a lot of things going on. So let's discuss those things. I suspect the day is so young, we're not even at 38 minutes into the session. So it's impossible to discuss, as if it was a closing bar, what this candle is going to do. But I think we're real close to some kind of a short-term digestive phase. Just a short-term, it doesn't have to be more than three days, five days. If it does pull back, it doesn't have to. I'm just saying, I always get a little bit cautious in leg D, in the traveling methodology, but wait a minute, the diamonds, the diamond's just a trading vehicle, has made a leg E. Both of these could recycle for a traveling instant restart, but at this particular point to have a restart and suggest that we could go to another four peaks higher over the coming, that would take us into, it would definitely take us into November, it's a possibility, but I think we are more likely to have some kind of a digestive phase. That's just my thinking. At this particular point, no real action towards that. We're still long, we grabbed along. In fact, we've got stocks that could be in the $300, $400, $500, $600 area. Not the point, we've also got stocks that are in single digits. And today we grabbed a single-digit stock. I liked it. I've liked it a lot. We missed a big move to the upside over the weekend, and I showed that this is still looking good. So it closed at I think it was $8.50, $8.50 on Friday. Pre-market it was up quite a bit. I said, no, no, no. We're going to try to buy a pullback below a certain level. At this point, we said $8.51. We were fortunate. The print low is $8.50. The pre-market low was a little bit lower. There are just a couple of pennies lower, but we managed to get it. And my target was that I wanted to see this go from the $8.50 area to touch the $9.00. It needed to get to $9.00 and $9.00 quickly. So it's done that this morning. It's now at about $8.94, some about 5%. This is one of the screamest stocks that we talk about. The day is young. Anything can happen. It's already gotten to that LED that was missing. These days are so important in the Chapman methodology. I have no idea whether it's going to succeed or not, but I did one, and I know it's late, but I looked at it saying, if this particular, it's in the energy area, if this particular stock starts to garner strength from here, it could turn that whole $8.50 to $8.30 area into support. That's the way I'm looking at it, $8.00 that is. That's the way I'm looking at everything right now. What are your risk rewards? What are the areas that are still working over the weekend? I looked at investors' business daily stocks. Some of them I hadn't heard of before. What was this BLD? Let me just check. Is that one BLD? Yeah, BLD. This is top-build corporation in soil, distribute, installation, and building materials. I mean, let's face it, this is the time for that. And at a spectacular move, just recently from the 200-period moving average at $200, where to $250 is trading right now at $245. It's made of PXC. I could have grabbed something like this. I just didn't want subscribers at this particular point to be spending that kind of money. Of course, you could buy 10 shares, you don't have to buy more than that. But that wasn't the point. The point was to try to identify in this particular phase right now where we are, what we are doing, what are the risks and where we want to be very careful. All right, just with that said, let me go to the next chart. I want to look at the S&P and I want to discuss that because I'm taking a little time today to discuss what I'm expecting here and during the week. So my suspicion is that the S&P is making a peak D. What do I mean by that? I mean that there's a chance that there is no new high today, a peak C that is. There is no new high today. It's one letter behind the Dow. It should go to a D base on everything we're looking at. Not on the short term, the short, very, very near term. We've got the E-mini that just went in the one-minute chart to a peak E at about 930, slumps down from a high of the day of 45-48, and it slumps down to the 45-29s. It has a big balance of where does it go to? Peak D, and now it's pulling back at peak D, but that might just be a sideways consolidation. I'm not sure about that. It shouldn't be too deep if this is a peak C coming up, and I'm still expecting a leg D by maybe tomorrow or the next day. So as it stands right now, I just want to do something at this particular point. We haven't got that. We haven't got that. So long-legged doji candle for leg C on Friday in the S&P spies exactly the same. What's interesting is that the Dow diamonds, diamonds are in E. The S&P and the spire in sync, not the Dow and the Dow diamonds. That's very interesting. So I'm a little further ahead, and the diamonds going to a leg E. More importantly, what we're looking at is the QQQ. So where would I be looking at at 453 in the spy? I know people like to look at the spy. I think the 451 to 459 area is kind of the support this week, but actually what I'm looking at is in a very short term. This should just go. Friday's low of 451.05. I think we just got a meander right now, and then we pop to D tomorrow. And then I think we've got to be somewhat careful. Let's go to the QQQ. This is the NDX100 trading vehicle. Triple Q's. And we're looking at a peak B that was formed. The one-to-one says it could go all the way to 380. But in the meantime, back at the ranch, it's kind of struggling right here. Looking at it, I'm saying it's lagging. I think the QQQ is going to continue to lag. Do they test the all-time high? There's no reason why they shouldn't, but I still think that that's what we're looking at at the moment. Tommy Jr. was talking about testing it just earlier on in his show and test the right place at an all-time high. All-time high. I'll be right back. Basil Chapman, take it. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights, today and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN, Educating Investors. Giving all the information gives us the perspective we need to place the right trades at the right time. The TAS Profile Scanner is the premier market-profile-based scanner. Powered by its acclaimed TAS proprietary algorithms, this feature-rich scanner instantly filters over 2,500-plus global financial markets such as stocks, ETFs, commodities, futures and forex. This powerful suite of tools leverages instant trade filtering and strategy formulation for you emerging trades before they happen.  Level the playing field with the TAS Profile Scanner which you can find out of the Services tab at TFNN.com. Sign up today. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority 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. 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. Call now, toll-free at 1-877-927-6648 internationally at<PHONE_NUMBER>. I remember when we were back, I was up 48, oops, it's a little more nice. I was up 51 and S&P's up 7. We're looking at IWM, which is the Russell 2000 finally seeing a little strength here and this is now a leg, is this a leg E? But it looks very good. Leg E, within the context of the rectangle going from the lower part of the halfway mark to the upper part. Nice action, in fact. Let's see, I think it's about 50-50. If I drew a midpoint right here into the rectangle just there, right? I'm doing it visually, so that's about where I do it. Right there, in fact, I could raise it just a fraction and you'll see that the number of bars on the upside to the number of bars on the downside actually favours the upside. The big spikes on the downside are big but the actual pressure points with the market closing on a weekly basis above the trend line says more price movement to the upside, very good. So I suspect that we will get to a leg D in the IWM, it's made of PXC1, C2, what does that mean? It just missed my point or so, just by a fraction going to a leg D and I usually call that as a PXC and even more importantly it suggests that there's a magnet there at the C's level, that PXC and I suspect we will get to a leg D at some point. Okay, a couple of things I wanted to talk about here. Whoops, the SMHs, the SMHs are the semiconductor, ETF, PXC is really lagging, lagging a lot just like the Q's are and that's why I'm saying the semiconductor, I believe that the chip shortage could come to some kind of a negative climax over the coming weeks and then I would not be surprised in the first quarter of 2022 there's almost like a glut, a glut of chips. But how does that play out? You never know how this is going to play out. Look at this, chip shortage, chip shortage, 2021 has just been basically almost every other month higher highs so we can't discuss this in a rational way to say we know exactly what's going on. The chip shortage was a very selective chip shortage. Money has been going into putting certainly in the automobile industry now we're finding out what's happening. There are a lot of high-end cars and there are a lot of low-end cars that are having the chips pushed so that they can market the sales where you get nothing or you pretty much have to go to the higher end so they can push the prices up and one of the reasons why I think we're seeing the prices like a general motors up at most recent highs not all time highs but recent highs is because of that very factor that prices are being pushed up and certain what you need inventory there's no question about it and that will show up and then I think what we're looking at is at some time in 2022 we might find that we've resolved some of that they'll do in a very selective way it might take time but yes absolutely I think the chip shortages are coming to some kind of a head and we're about to find out exactly which companies are doing the right thing amongst their dealers and that is sending off cars that are probably in the middle using up whatever chips they've got and not selectively try to push the higher end so that people really have to people are paying thousands more for automobiles as far as I can tell there are probably no discounts people take your trading and will give you a good price the good price that they give you is not what you could get in the real market if you sold it yourself sometimes it's two, three, four, five thousand dollars difference so this is going to be a very complex phase let's go back to our story what we really want to look at is if you're talking about interest rates interest rates let me show you this chart this is a chart that I show subscribers to my opening call on Saturday my Saturday overview webinar video and this is the chart of the 30 the 10 of the five year yields y is the 30, tyx t and x is the 10 year and f of vx come on, come on is the five year look at the five year you would not believe how steep the five year has gone hello anybody home uh-oh hello anybody home uh-oh let me see if I can move to a different chart no yes I can oh there it is alright good so look at this look at the cyan color five year look how it's broken out ab leg c we're only in leg at peak b in the 30 year and we're at a I believe this is a peak oh it's so tiny let me see if I can find it uh let's see 11, 86 and 11 I'm moving it to the right there it is there are 11, 86 and then we've got 13, 85 is what I'm looking at 13, 86 so this is a leg c yes sir this is a leg c so five years a leg c in the dating chart in the yields that's the five year f vx cyan color yield this is the 10 the brown is the 10 year yield t and x in leg c unless it makes no new hide this week it makes it a peak c and peak b in the 30 year big discrepancy look how close they're getting they're getting that squash I'd love to see that um and then we'll talk about what it means but in the meantime look at the wood the ice shares global timber and frost sheets you have just sideways not breaking down not breaking up and the same thing with the uh the bull the this is the housing Philadelphia housing index it is acting quite nice it's in a second art formation um let's see on a one month our ROC basis okay two year up 22 basis five years 35 yeah yeah it's very interesting it's a steepening of the curve and uh all I can say is we're gonna with the yields curve steepens it often makes the market very nervous but over the last year that hasn't had the same effect as usual but we'll be watching it very closely it's a close work space thank you we're done there let's get back to our story I want to take a little another moment here before the break to say uh the TLT is down 14 cents at 143.99 but it's in the lower band it seems to me that yields are going to be so important over the coming two weeks uh sorry two months um if there's a break below 139 in the TLT that the yields will be screaming higher if there is a push into the 140 we had 144 147s that's a lot if it goes 147s the yields just come down and says don't worry about me I'm just stuck in a range we'll be looking at that let's just look at the crude oil crude oil okay so look at this I love to draw channels I teach that in my webinars all the time I don't want to make this messy but I'm just for demonstration purposes I'm making that green I'm making that red that's your chapter we've inside track repellent zone well pink actually I like to make the inside pink and we're there right now I'm not going to do the bottom because you got a nine period moving average got the 14 period moving average you got the trendline I don't have to change color so in the meantime back at the ranch the crude oil is bumping into resistance the on balance volume the blue on balance lines making it a little m shaped patterns getting a little toppy it's good for a little week and then it was 90s outstanding success it's excellent at 90% how does this go back I need to talk about the Simpsons to a Basel chapter tiger tickers are a nice content are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with become an apex predator in the trading markets and join the tigers and trading room only at tfnn.com the tigers den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas join the den and surround yourself with the sharpest minds in the trading world subscribers to the tigers den are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows interact with other tigers and tigers as they share trading ideas news analysis and discuss the market action all trading day subscribe to the tigers den risk free with our 30 day money back guarantee and become part of the tfnn trading community tfnn educating investors you could be making money off the stock market and if you're already making money off the stock market you could be making a lot more check out tfnn and tiger tv and get expert investing advice to give you the power to control your financial future go to tfnn.com and find the newsletter for you whether you're into trading gold metals futures currencies or options you'll get advice and analysis to help you seriously get ahead tfnn also features trading services with a 30 day money back guarantee for new subscribers as well as tfnn's tiger den trading room trading software and educational webinars for all trading levels and make sure you check out tiger tv for free tfnn.com or tfnn's youtube channel for live financial content from 8 30 a.m. to 4 p.m. eastern on market days stop watching on the sidelines while other people get rich and become the investor you were born to be tfnn educating investors tfnn is excited about our new software charting program the art of timing the trade charts in collaboration with tom o'brien and using his best selling book the art of timing the trade trading mastery system david white has programmed an outstanding piece of software that will complement any traders methodology using this first of its kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci formation setups including guardleaf, abc's 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 Donald Trappman Tiger technicians out we're looking at the down down five S&Ps up six and we're looking at high-grade copper high-grade copper at 4.52 I believe this is getting I need another day or at least I need another price a little bit lower and then I feel confident in saying that that's a peak D at 4.6855 that was around about the 18th 19th of the month and I am looking at this as in the cup formation in the weekly chart as being a grey-legged B because the magnia hasn't yet crossed positive it's at 0% right now and stochastic is only a 66 on balance volume has been pretty good so all I can say is that copper is in play but it's kind of struggling to make a new recovery high and most importantly I like to put copper together with wood that's the iShares global timber and forestry and this is suggesting that there is international strengthening in the economies but at the same time there is a stuck attitude towards this it's not breaking out and if it does break out that's going to be really important the other the other thing that is going to be quite important here is how does how's the XLF doing that's the financials and it is benefiting from higher yields so it's in leg D and this is what I'm saying the reason why I'm getting just a little bit cautious here haven't gone short or anything any position still long positions and one of the reasons is when yields go higher it isn't the only thing but it's a really big help for the financials and of course the financials aren't just financials they aren't just making all sorts of things that we don't even know about because we always find out what they were doing when the crash comes there's no sign yet anywhere close that there should be a crash in the XLF selects S&P financial spider fund I've only gone in legs C in the weekly chart but at the same time I do think it's becoming a little overbought leg D that's all but the mag D is good stochastics at 96% that's fabulous soul overbought or anything like that it's pretty good, relative strength is showing strength so I think this is still in play and as I've said before I love the financials our bank stock that we have subscribers to opening call in the 31s is now at the 47s area a really nice game now what's really important here is how does for instance let's just use Goldman Sachs as an example Goldman is under his all time high of 428.76 that was made back in beginning of September dropped sharply to 370 that's about a 12-13% decline and then it goes peak A B, C and here it is again in leg D this is why I'm saying I'm becoming a little not nervous I don't want to say nervous because I still see a lot of stocks acting really well I'm sorry to see a lot of stocks getting to this leg D either at just under or just above the all time highs and it just seems to me stocks that make all time highs seem to continue doesn't stop them from having some kind of a bit of a pullback and that's kind of what I'm anticipating at this particular point that we're getting closer and closer to that chip policy Paul says the chip supply will follow the collapsing economy stay dry yeah yeah I don't think it's quite that's a little globe I know I don't think it's going to be quite that easy or simple there's a lot going on here a question came in about radio show question let's see another question as well by UNG all right let me just see UNG UNG came first I'll do that Basel what does it say first thanks for your newsletter I am a new subscriber enjoyed it thoroughly I would like you to review your thoughts on UNG I opened a half position to test the waters I plan to hold this in my retirement account through spring my thoughts were to add on strength and need help where I might add a stopper the way up or to protect loss on the way down I will be ordering your book to better understand the techniques again thanks for all you do I am in UNG at 1814 I will be listening today Joe in Tampa so Joe let's just do this UNG now that that's the natural gas there you go UNG it's the vehicle United States natural gas fund it's a good I thought I had not created this all right I have notated NG I know I haven't notated UNG but it has exactly the same pattern so UNG just to be clear you see these prices here you see how they're getting obliterated by the block of the candles the reason is it gets smoothed out I'm looking at the continuous contract so it always gets smoothed out nothing changes about about the pattern nothing changes about the notation of the peaks nothing changes about anything the technicals nothing other than because it gets smoothed out you're looking at the price change so whatever the price was a couple of weeks ago on the 6th of October on that most recent high of six dollars six four seven cents now it could have been different on that day all right but the pattern is exactly the same so what we've got here is one two three four five six bars to this little cup for shape lower high pattern and one two three four five six seven bars it's one two three four five six yeah it is seven bars to the upside I happen to think that natural gas I was doing someone yesterday about this saying you know ever since that pipeline what administration I don't know how they assess this I don't know what they did but ever since they just on the day of the first day as president Biden just obliterated everything I personally would rather try to handle the aspect of fracking and all these things in some kind of even if it's a legislative way so that we become independent you've got to make some sacrifice to be independent of other countries surely and now we once again dependent on other countries so that's a little political spiel I have to talk about that because that absolutely is an issue here because crude oil is what we're 50% higher than we were so this is an issue and it is obviously also a political issue otherwise I wouldn't be talking about it politically so how that handles is not my business the result is my business but I'm just talking about it as part of the equation when you're looking at everything so I'm kind of with you Joe I think that natural gas at least for the next I don't know about the spring but at least for this phase we should see higher prices in natural gas this candle in the monthly chart in grey leg B no it's a proper leg B now because the price is at 87% on balance volume is not too great but yeah this is in fact a buy mode that says it should go to a C and a D so I'm with you how you handle sort of the smaller trade is really going to be important so let's go to your UNG maybe during the break I'll get to note take this actual UNG chart so you asked me about UNG and I'm going to give you why is it not going there click click because I kept typing it on the chart UNG what a strange thing okay you've just broken this down trend line the day is young so we can only say at this particular moment as we're speaking at what 1982 you've broken above Chapman Wave inside track repellent zone there it is and now it has to act as a propellent zone of 18.76 you're in at 18.14 Joseph this is I want to do this because I actually had a couple of calls I had my own questions over the weekend about exactly this I'll take some time we've got the break I'll do the chart I'll be like that are you in the market for buying or selling real estate in the Bay Area including the surrounding St. Petersburg Tampa and Clearwater markets Tiger Real Estate is a firm that has extensive experience in the Tampa Bay Area whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels from the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating real estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future call Tiger Real Estate LLC today at<PHONE_NUMBER> or email us at tiger at tfnn.com that's<PHONE_NUMBER> call us today the technology around us is changing every day with so much happening it can seem impossible to keep up with all the information David White's 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 Dave delivers his weekly newsletters every Friday with updates throughout the week you can get the Technology Insider at tfnn.com for only $37.50 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 biotech is booming but for how long whether you think the biotech bull has room to run or has run its course LABU or LABD Directions Daily S&P Biotech 3 times bull and bear ETFs Visit Direction Investments.com slash biotech today an investor should consider the investment objectives, risks, charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact Direction Shares at 476-7523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor 4-side fund services LLC Welcome back we are looking at UNG the United States natural gas fund the monthly chart is new leg B it's done this before where the technicals were okay but what happened was in the previous big spike we went to a peak ABCD way back in 2016 to 2017 I think it was maybe December or 16 or January and then it went to PDN and made an arch and pulled back and then it had another rally from about the 19s area all the way to 40, just about 40 at a peak B- and yet the stochastic didn't get to 80% it failed, that's a really good clue that there's no inner strength there's no sustainability now what is done is gone in the monthly chart to a leg B with a long leg of doji so that was a real whoopie so far a very whoopie few weeks October but it did make a new recovery high the real highs that you want to look at is the high of 22.81 that is in November of 2019 and September of 2019 and went to 2340, that would be my upside target I could draw left side, right side price, time match I could do it now, Maisel and that says within two months certainly by January there should be a test of the upper level, that's in the 23s and it's at 19 right now of course that could happen in hours but I'm just saying this is my left side, right side, price, time match and most importantly this is the first time that the technicals in the monthly chart have seen the stochastic actually get above 80% to 89% I think that's really good and so far it's flat the charts that we can't really tell look at the weekly chart it's gone from a trough at just above $8 what was it $8 and 22 cents on the first that's the first week of January of this year went to peak A, peak B, peak C then it arched over but held really nicely in the ninth and then what did it do it went to a leg D with the Chapman instant restart so this could be called G-A, F-B and we're at G-C with the Magdi strong stochastic now pulling back at 68% a hint to say there's some kind of internal failure but the on balance volume is still good and the 9 is still way above the 14 that is fabulous strength so I like what we're looking at I'm taking a little time here, I want to do it for myself I want to do it for subscribers if they're watching and I want to do it for Joe because he's already in it and he's got a little bit of a profit about what is it no, a little more, it's almost a 2.0 this is a very nice profit in fact so you've got yourself about an 8 or 9% gain, what I am looking at here is what happens with this potential head and shoulders pattern well, the technicals are suggesting on the daily chart that this is a big help, the fact that it gapped up to dates $1.44 up 19.82 if we can have a follow through if there's even just a touch of this high of the 14th which is at 20.57 in the next 2 weeks and we treat this chart wave inside track now it's a propellant, it was a repellant zone as some kind of a trampoline it shouldn't even get there the 9 pre moving average is 1876 the maximum it should get is within the gap up today gap up low is so far 1954 I'd even give it 1920 to 1897 that's the area, I don't want to see a close below that otherwise it's liable to fail but if it holds and for whatever reason I don't care what the reason is if natural gas is even able to spike into the 20.30 area preferably closing near there then I think what we're looking at is natural gas has acted really well I just want to show you this here look at crude oil look at that steady move up you see the channels work the way up channel trap wave inside track repellant zone works look how many times it's hit that and pull back and yet it's not fading at all see the way the magti is hinting see the way the stochastic is at 91% the on balance volume is hinting that it's really close to some kind of a dip that's all just a dip even that red candle gave it a dip that's all but what's really important is that that weekly chart I have to consider an alternate wave count and that's the magti is 97% the on balance volume is a tad overboard sorry the magti is strong, the stochastic is 97% monthly chart has got the V-shaped pattern what was the high and of course this keeps changing so that whatever the high is it's the front high that we can take for now and that was the 85 85 level back in October of last year today's high is 85.41 we're almost there in the V-shaped recovery to the double top so oil is very close to some kind of just because it's bumping into a barrier needs to pull back to before it can build but this is the area we're watching closely so I want to put it together going back to the natural gas, the UNG UNG is playing catch up and that's the way I want you to think of it they're only in sync in trend but they're not in sync in percentages or chart formations not that much I like UNG I think it's acting really well I think it's in play that's one of the reasons why the particular vehicle to go long, which is in the energy sector but it's not oil, it's not natural gas I think that's a the other alternate areas are going to play catch up to the oil, that's just the way I'm thinking I think you're right, what's the key support on a very short term basis when you're 18-18 or 18-11 whatever it is your entry point that should be sectorized right now I don't see a reason why it should come back to that level I think there could be a little bit of a pullback and then another bounce and it's after that bounce that we need to say is the pattern going to be a rectangle formation, is it going to be a new cup formation, is it a double top, not a double top is it a hidden shoulders pattern, whatever it is I want to give it another day or two but so far you're in the right area, right at this moment perfect, this is looking well hold on and we'll talk about where to add and what to do but this is let's just treat this as the first day of the week as a gap up in natural gases occurring, let's see if there's follow through to the upside there, alright next question I got was FXI, if I could just look at FXI, yeah, FXI is at peak D, leg D, it could be a peak D, it's a nice bounce, it needs much more to the eye shape, this is the large cap China ETF I'm looking at this and saying nice rebound, I discussed this was a possibility but I really need to see follow through by Friday, I'm giving it all five days to close about 4323 is at 4326, 4323 is the 200 prem removing average I want to see two closes above 4367 and then I'm going to say to you, aha China's having more than a rebound, this could actually be persistent, well it suddenly starts to decline alright, hope that fulfills the questions there, natural gas I've been told the sentiment questions, LNG oh I haven't looked at LNG, that was one on my favorite list and I completely forgot to put it in the favorite list, LNG is 107 this is Shenier Energy, I think this is a peak A, peak B peak C, I think it looks, it looks good I'm going to see in the in the weekly sharp, it does look good, it could digest a little bit more it could even test 104 I don't want to see a break 100, if the right count runs 740 up to 230, but if it does up 80 we'll be right back sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice, sure but you also need excellent instruction from experts, at TFNN you'll get advice and guidance from the authority in technical market analysis and it's not just dry tedious text either, TFNN airs live financial content streamed live on TFNN dot com and TFNN's YouTube channel with Tiger TV live every market day from 8 30 a.m. to 4 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 8 different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN dot com or on TFNN's YouTube channel and become the investor you were born to be TFNN educating investors 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 dot 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 dot com educating investors are you looking for secured investment which pays you on a monthly basis the Tiger first mortgage program may be the program for you the best rate on a five-year CD in the country right now according to bankrate.com is paying 1% per year $1,000 per 100,000 invested the Tiger first mortgage program pays 7% per year paid monthly on secured high value buildable properties in St. Petersburg Florida the investment is for four years paying 7% per year $7,000 per 100,000 invested your investment is secured by high value real estate in St. Petersburg Florida your investment can be anywhere from 100,000 to 500,000 do you want to make 1,000 per year on $100,000 invested a 7,000 per year on a secured Tiger first mortgage the Tiger first mortgage program may be just the program for you the Tiger first mortgage program pays 7% per year paid monthly for more information you can call<PHONE_NUMBER> that's<PHONE_NUMBER> 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 hi folks let me just get to the question I had oh that's a subscriber question subscriber question please can you look at WAC that's Trump's back I'm using a 3 day 5 minute chart do you see WAC trying to make a cup formation to 115 do you have any opinion on this one which seems much like GME please Eddie absolutely this fits the same category so in other words you just got to say I don't care about fundies I got nothing to do with this it's just a price I'm following it didn't make a peak C1 C2 in the 5 minute chart about 1 o'clock when was that that was on Friday at about the 113 ish level 115 round number high it didn't break that and then it pulled back sideways and then suddenly had the one big spike oh that was the open today open today with the 121 12180 and then it pulls back sharply yes just treat this as a 5 minute chart at this particular point it's going sideways it's got a peak A it's actually got a peak B now it seems like it wants to go a little higher if it goes one penny above 101.95 that's sauce and egg C it is as something I would not have any opinion whatsoever I have nothing I just follow the price so far the magnies good the castings good if we can get above that it says it's going to leg C will it fill in the gap I think it might fill in this candle I don't think it will go to the high of the day but this candle is a potential high if it's able just to break into the 99, 80 area or 100 then you've got the candle with 110 that's a little high 107 to 110 is a possibility but it needs to break really soon needs to move higher if it starts to break under 96 you just have to say oops rectangle sideways move can last a lot longer than my patience if I can it's a potential high you've got you've got staples from sea roads they might come up fine let me just use one more time you've got the cow you've got the cow at leg C at leg C at leg C at leg C


So, if we have a diatomic molecule with several different energy levels, so here's a molecule with several different rigid rotor style energy levels that it can occupy, we've determined that the energy difference between those energy levels can be written with this formula, and the tilde on top means we're doing that in units of wave numbers, and that lets us predict what frequencies of light or what wave numbers of light will be absorbed by that molecule corresponding to the transitions between some state and the next state up. So the small peak that you can barely see right here would correspond to the zero to one, there's another peak corresponding to the one to two transition, that's this one, the two to three transition would be this one, and so on. But this raises a question, why are we limited to only jumping up one level at a time on this energy ladder? Why can't we jump directly from the L equals zero state all the way up to the L equals three state or to the L equals ten state or any state that we wish? And it turns out there's a good reason for that and we call those reasons selection rules. So to understand those selection rules, we need to know the following equation which tells us how strongly a molecule will absorb light in making a transition from one state to another state, maybe the L equals zero state up to another state or the way we'll talk about it as from one initial wave function to some final wave function. So the intensity with which that molecule in state psi will absorb the right frequency of light to make a transition up to the state psi prime, we can write that as the following somewhat complicated equation. There's a first term which depends on the difference in energy between the two states and the frequency of light that we feed it. And there's another term that looks a little bit like integrals we've seen before in quantum mechanics, but now sandwiched between those psi and psi prime wave functions. We have this new quantity mu sub z. So that is, we'll talk about that one in just a second. And I guess I'll say that there's also some constants out front, so rather than saying this is equal to, I'll say this is proportional to this quantity. So if we want to know whether a molecule absorbs light or doesn't absorb light, absorbs light strongly or absorbs like weakly or perhaps doesn't absorb light at all, we need to calculate this quantity, which is composed of two portions that we'll talk about separately. This first term, we'll talk about only in order to say this term tells us that if there's a particular delta E between two of these states, then this term guarantees that the frequency of light absorbed will be equal to or very close to that difference in energy. So normally, we know that delta E is equal to h nu. If we feed the molecule some light that has h nu equal to that difference in energy, then it will absorb light because this term will be strong. If I make a graph of sine squared of something divided by that thing squared as a function of x, the graph of that quantity is large when x equals 0 and oscillates and quickly dies and becomes small as x gets larger. So this term is large. The intensity of the absorption is large when x is equal to 0. For us, the quantity inside the sine squared and inside the denominator that gets squared, that's the difference between the energy of the transition and the energy of our photon. So when those things match exactly, the absorption is strong. If I deviate the frequency of light a little bit from what would be needed to induce that energy transition, the absorption is going to be quite weak. So in other words, if I want to induce this transition, I need to feed the molecule of light with a photon with that much energy, very much different than that energy and it won't absorb the photon or it'll have a very small chance of absorbing that photon. So that's really all we'll say about this first term. This second term, we'll go ahead and give this one a name because we'll be talking about it a fair amount. This is called the transition dipole moment and the reason for that name, transition becomes because we're talking about this transition between state psi and state psi prime. The dipole moment is because we're talking about we need to understand the dipole moment of the molecule that is absorbing the light. So this is the dipole moment of the molecule. Dipole moment would normally be a vector. Let's say if I have molecule like HCl that has a positive charge on one end and a negative charge on the other end, there's a dipole moment associated with that vector. Chemists tend to draw that vector from positive to negative. So the dipole moment of that vector has some direction. It also has some magnitude. This mu sub z and we would call that that vector mu. Mu sub z is the component of that vector in the direction that is the same as the direction of the oscillation of the electric field of the photon that we're shining on the molecule. So if I take a photon, shine it at this molecule and I'm going to ask does this molecule absorb light? Does it absorb this particular photon in order to make a transition from one state up to another state? It will if the frequencies match and if this condition is well satisfied also. So the dipole moment we're talking about here is not the vector of the dipole moment that I've drawn here but the component of the vector, if I break this vector down into a component that's in the same direction as the oscillation of the light and a component that is parallel to the direction of propagation of the light. In this 2D example then this piece would be the mu sub z that we're talking about. So it's the piece of the dipole moment that is in the same direction as the light. And so all we need to know for right now is in our spherical coordinate system mu sub z is equal to mu times the cosine of the angle theta. So that's how we're going to end up using this mu sub z in this integral. So when we want to look at this part of the calculation a little more carefully for a rigid rotor the transition dipole moment will have, if we want to talk about the transition between let's say quantum state described by L and M up to a different quantum state described by a different L and a different M that we'll call L prime and M prime. Then the transition dipole moment, the thing that looks like the initial state multiplied by the dipole moment in the z direction mu cosine theta multiplied by the final state. We need to integrate that over d theta and d phi because since we're talking about a rigid rotor a rotating molecule those are the coordinates in which our wave function is going to be expressed and don't forget when we integrate in polar coordinates we need the sin theta term inside the integral and then we're going to integrate over both of those variables. So that's what the transition dipole moment looks like for a rigid rotor molecule. We need to know what the initial and what the final wave functions are and then we've got the dipole moment term and integrating over theta and phi. So the question is when is that integral large and when is it small? There's one very easy answer to that question. There's one way to make that integral zero quite simply and that is by looking at this term. Mu, the mu that's in this z component of the dipole moment depends partially on what angle this molecule makes with the z axis but the mu without the z that's the magnitude of this dipole moment. So for a molecule like HCl that has a dipole moment that dipole moment is some particular value. Every molecule has a different dipole moment that's particular to that molecule but some molecules have no dipole moment. So for example a homonuclear diatomic molecule like H2 or Cl2 or N2 any homonuclear diatomic molecule has no dipole moment. They're non-polar molecules so for a non-polar molecule with mu equal to zero sticking a zero in this integral guarantees that the integral is going to come out to be equal to zero. So what that means is for those non-polar homonuclear diatomic molecules this whole transition dipole moment works out to be zero. This quantity i works out to be zero and what that tells us is light will not be absorbed. Regardless of what the orientation of the molecule is, regardless of what the frequency of light is, regardless of which transition we're trying to make, this quantity is zero so that's called a forbidden transition. Light will not be absorbed in order to cause that transition. Again doesn't matter which transition I'm trying to cause I cannot shine microwave light on a chlorine molecule and cause it to change its rotational motion. So that's an example of what we call the gross selection rule. For rotational motion we need the dipole moment of the molecule to be non-zero in order for the molecule to absorb light. So we can get molecules like HCl to absorb light at least for some transitions because they have a non-zero dipole moment but for non-polar molecules because they violate the gross selection rule then those transitions are all forbidden and they do not absorb light in the microwave. We can't cause rotation of a non-polar molecule using electromagnetic radiation. That doesn't mean we can't cause these molecules to rotate. Hydrogen, nitrogen, chlorine molecules do rotate but the rotation has to be caused by some other source such as collision with another molecule rather than by absorbing light. So this raises the question of are there other ways to make this integral zero and in fact there are, so that's the next thing we'll talk about is a slightly more complicated question of what do these wave functions have to be in order to make this integral equal to zero or not equal to zero and that will be not the gross selection rule but another flavor of selection rule.


Hi everyone, Joe for jazzy's casebreaks.com, brand new release, 2020 tops, archives, signature series, baseball, retired player edition, random player break number six. Big thanks to all of these folks for getting into it, so one spot gets you seven players, two, three, four, five, six, seven. So let's multiply that list by seven, should be 105 items on each list. Let's roll and randomize both lists a hard six, three and a three. One, two, three. After six, we got TJ, down to other TJ, TJP. Two TJs in this break. All right, six here. One, two, three, four, five, and six in final time. After six, we've got Eric Chavez all the way down to Barry Larkin. So per usual, obviously throw what's kind of killing me here. I'm not going to read off all these names. That's just crazy talk. I've got to preserve this golden voice for the rest of the week, but I will show you the list as is. And then I'm going to alphabetize them by your first names. So this is mostly just to get this on the recording. So everyone can see that the Google Documents Alphabetizing Machine did not do something goofy. All right, now let's sort by column A by your first name. So Barry, there are your players right there. Dan, there are a group of players. Daniel, Ed, Joe, Matt Medlin has a good group of players here. And then a few more right here. Volleyball Nancy, there's Nance. Last spot, Mojo. Sam, TJP, a couple more for TJP, and last but not least, TJ. All right, any trades or anyone need to see their players again? Remember, this is the second half of the case that we popped open. So remember, I marked those with the Sharpie, so you know they're from the same case. Cardboard dust off the table here. No, we don't really do card submissions for grading, unless it's like if someone, if we pull like a Zion one-of-one or something like that out of prison basketball, and someone's like, hey, can you ever be like, yeah, of course. But no, generally no. That's like a whole other, I feel like there's a whole other job just to keep track of all that. We're not at that level yet. We thought we were. We thought it could be a little bit easier. All right, looks like no trades. No one else needs to see the list. TWC, trade window closed. Let's rock and roll. All right, good luck, everybody. Let's see what we got. Obviously all retired players. We've got Kerry Wood, 57 out of 81. Kerry Wood ended up on the Yankees? I do not remember that at all. I don't remember the Indians Kerry Wood. Sorry, hold on. There are a lot of blasts from the past here. So you end up kind of deep diving a little bit. Yeah, it was with the Cubs, Indians, Yankees for like half a season, and then back with the Cubs for a couple more years. Huh. With the Yankees who went 2-0 with a 0.69 ERA in 24 games, including 21 straight scoreless appearances, served as a bridge to Mariana Vera in the 2010 postseason. Wood had a 2-2-5 ERA appearing in seven games overall. They won the 2010 ALDS against the Twins in three games, but lost to the Rangers in six games in the 2010 ALCS. Huh. I had no idea. Learning, knowledge. Let me alphabetize by player names so I can find these guys. All right, so Kerry Wood goes to Daniel Nelson. There you go, Daniel. We've got Bronson O'Royal, 56 out of 58. Who I learned today has a rock and roll band. Still tours. Matt Medlin with Reds, former Reds pitcher Bronson O'Royal. We've got Jeff Cirillo, 8 out of 33. That's the addition of Jeff Cirillo that I'm most familiar with. Jeff Cirillo, Nancy with the Jerry Remy Jeff Cirillo spot. We've got Jim Abbott. Nice. 10 out of 99. It's like an early 90s, maybe? Jim Abbott, Barry Roberts with Jim Abbott. Watch, if you're not familiar with Jim Abbott, look up some videos. I'm pretty great. His whole pitching motion, switching the gloves, is pretty amazing. All right, there's Vern Law, 79 out of 99. I have no stories about Vern Law. That goes to Barry Roberts with the Tony Perez-Vern Law combo. Vern Law, 90 years old. I guess he had a coaching career more, but yeah, a Pirates pitching coach for a bit, assistant baseball coach at BYU, pitching coach in Japan, Pacific Coast League for a little bit. We've got Hit Parade, Andres Galaraga, the big cat. One of one. Giant's addition. That's Dan Tyson with Andres Galaraga. And all aboard the Big Hit Express. Whoo-hoo! Maybe that's why my, there's too many train whistles today. I mean, that's why the voice is gone. On a Wednesday. All right, we got Jim Rice, 33 out of 40. Jim Rice. Let's see who has to go to the J's. Sam, Sam Keys with Jim Rice. Nice. Three more to go. Good luck, everybody. We got Jay Buehner, 22 out of 42. Nice, Jay Buehner. Still in the J, a lot of J's. That goes to T.J. Poyer with J. Buehner. Ryan Howard, one of one. Nice. If things went a little differently here and there, do you think Ryan Howard could have been a borderline Hall of Famer? Like, feel a little more Nancy with the, with the Ryan Howard. All aboard. Whoo-hoo! I mean, there were some seasons that he was just destroying. But then, like, injuries, I think, got in the way, and then just wasn't as consistent after that. And maybe, maybe his game didn't adjust to, I don't know, but, man, yeah, his first full season, rookie of the year, his second season, 58 home runs, first in MVP voting, second year, or third year, fifth in MVP voting, the year after that, second in MVP voting. Who do you lose to? The next year after that, third in MVP voting, the next year after that, tenth and tenth, again, two top tens in MVP voting. And then he was 31, and then, yeah, injury, 71 games the next year, 80 games the next year, and by the time he played another full season at 34, yeah, he was hitting 223 home runs, you know, which is not a lot, you know what I mean? Yeah, there was an ACL, yeah, it just wasn't the same. Just wasn't the same, but I feel like, I feel like there could have, he's, maybe he had to cut down on the strikeouts, just a little bit, but I mean, I think in this modern, in modern baseball, it might have actually worked to his advantage if he was able to take advantage of all the exit Velo line, if he had all that data and stuff too, if he was healthy, I don't know, I think there could have been a chance. And the last one is Maury Wills, one out of 36, nice. Yeah, great, great. Long time Dodger, still a base coach, and then, and then as he got older, was still like a special base running coach during spring training, T.J. Poyer with that one. And there you have it, another nice archives break in the books. I'm sure we'll do some more tomorrow, JaspeysCaseBrace.com. I'm Joe, I'll see you next time, bye-bye.


In this training video, we're going to look at using hyperlinks within Microsoft Project. Now you can add a hyperlink to the entire project, that Project Summary Task Level. And you can also do it in the Individual Task Level. So I'm going to start off that Project Summary Task Level. So with me being in the Indicator column, the I column in line with the Project Summary Task, I can now right-click, link, then the bottom, and I can link this to a folder structure, a file. My advice would be to link it to a folder structure, because a folder structure you can put in multiple files. So I'm going to link in this example to a folder structure. So link, and I've got some dummy stuff to use. So I'm going to go to my desktop. I'm going to link to a folder here, which is all about project training files. And this has a folder structure inside it. So now click OK. And there's the hyperlink. All I've got to do now is click with a hand to go and see what's inside the hyperlink. And I'm going to say yes, and say I know it's a safe file. And here we go. So it's now linked to a folder structure. So this folder has multiple other folders, and each one has files in them. So you can see how many files you could bring into a project by having a folder structure. There's more files, more files again. And you can see how many files could be in one project if you needed all of these files and more again. So now it closes that folder structure down. And back in project, I now might want to put it at task level. I'm going to put one in that, the job shortlist in task. Same idea, right click, link. Again, I'm going to go to an existing file and go to the desktop. And I'm just going to use another dummy file, this time a PDF. Click OK. And there's another link that I can click on it. And click yes because I trust it. And it's just waiting for the response of this file. And here it comes. And there's a course outline. So that's a PDF file, which is a course outline. And that's now hyperlinked. I'll close this down. I'm going to get rid of this hyperlink. Come down to the bottom hyperlink and I can clear. But you'll notice it only clears the one. The other one is still here. And if I then test the winners remaining, this one will take me back to the folder structure again. And here we go. I'll just test one of them, show all the files. There they are. I'm going to close it down. And I'll just finally also get rid of the hyperlink in this particular project summary level. And this now completes the training video on the use of hyperlinks. Whereby at the project summary level, we put in a hyperlink for a whole folder structure, which could be useful for lots of documents you need for the project about decision-making minutes. It could be any kind of drawings that are needed for the project. And also we looked at a hyperlink at task level. So they can be put in at any kind of level. But this completes the training video on the use of hyperlinks and also how to clear hyperlinks in Microsoft Project.