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September 14th The Tiger Technicians Hour on TFNN - 2026

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On September 14th, host Basel Chapman analyzed a mixed market environment where the Dow Jones Industrial Average fell approximately 100 points to settle at 52,473, while the S&P 500 declined roughly 33 points in cash. Despite this broader weakness, major technology and consumer staples stocks like Google, Apple, Microsoft, and Procter & Gamble managed to gain ground, whereas Amazon experienced a sharp decline. Chapman identified a specific technical pattern resembling an "H" formation as the market broke down from a rectangle consolidation, tested the halfway marker of that structure, and subsequently rallied back to test the base before potentially breaking lower again. While daily charts displayed clear signs of weakness, monthly and weekly charts suggested that the market would likely continue its sideways, choppy action within higher ranges for several months. The analysis delved into specific sector performances and individual stock setups, highlighting significant movements in semiconductors, energy, and technology. The semiconductor sector (SMH) dropped nearly 23% to trade at 545.83, with Chapman predicting a breakdown below the 503 level referencing the July 31st low, noting that support was held only by data from September 14th. Nvidia formed a double top around 234.76 and was pulling back toward its 200-period moving average at 198.76, signaling potential acceleration lower for the sector. In contrast, Archer Daniels Midland showed strong bullish momentum with a cup formation targeting previous highs near 98, while Frontier Limited Shipping hit a new all-time high above 50. Defensive stocks like Procter & Gamble and Johnson & Johnson were noted for their stability, and Bitcoin was observed holding near its 200-period moving average but requiring a move between 78,700 and 84,000 to demonstrate significant statistical strength. Crude oil prices rallied to a recovery high near 104.95 but remained below all-time highs, with Chapman expressing skepticism about a sudden resolution to geopolitical tensions involving Iran and the Houthis, suggesting that oil would likely continue rising into the hundreds if it sustained above 110. Attention also shifted to rare earth elements and bonds, where MP Materials pulled back after looking strong three weeks prior, similar to PD, while the GDX ETF declined by 3.51% due to weekly consolidation. The speaker warned that gold needed a rally to avoid entering a corrective phase and highlighted that Treasury yields had reached leg C daily and leg E weekly, approaching the 4% level, which was unfavorable for ultra-short limit 20-year bond ETFs like TBT. Consequently, Chapman advised caution, recommending that investors raise cash positions, avoid over-leverage on underperforming assets, and prioritize capital preservation with the sentiment that being out of the market wishing to be back is preferable to being in wishing to get out. Chapman concluded that the current market environment was predominantly negative, favoring short positions until clear confirmation of a trend change appeared. He emphasized monitoring round numbers in stock prices as significant targets for highs and lows, citing examples like Cadence Design Systems and Synaptics. The segment included standard promotions for TFN newsletters, educational services, and leveraged ETFs, while noting that it was only an hour and a half into the first trading day of the week with further analysis expected by market close. Overall, the technical outlook remained cautious, urging traders to respect support levels and wait for definitive signals before committing to long positions in a volatile landscape.
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The following is a presentation of TFN the Tiger [music] Technician Hour with your host Azel Chapman. Call now toll-free at 1877-927-6648. [music] Now, [music] Basel Cap. >> Good morning, everyone. Basel Cap here on this Monday, Monday the 14th of September. We're looking at the Dow uh down 100 at 52,473 there. Just enough Dow stocks kind of make it a mixed market. Um it hasn't broken down, but it did definitely do that pattern that we talk about. I showed my subscribers over the past weeks that we're anticipating that there should be an H pattern and if it rallies, there should be an a lowerase H that goes to a lowerase M and then a breakdown. What very often happens in this particular pattern, [clears throat] the price goes back to test. Oh, let me show you right here. Gosh, I I love to do this in real time. Look at this here. Well, let me get it back. I'll show you. Look at this. There it is. Look. market gaps down went into a u a spike went into a rectangle high level consolidation it was 9:00 on Friday you pop up and you just hold steady steady steady and you break down from the long narrow rectangle formation and what do you do 6:00 last night push to the downside and look this bar the gap down bar that became your rectangle so what happens very often you go out of [clears throat] the rectangle, in this case to the upside because it's on the downside that the rectangle's unfolding and you come down, you take out the halfway marker of the rectangle formation that says be careful. You should be testing the the base and you did. And then you went under it. And what does it say? It says whoops, be careful because you're going to go back. And if you cross the halfway marker point, you can go even higher. So there it is. So this is the pattern where it breaks down, it comes back up. So then we go back to this. We're looking at the Dow. It comes sideways action and now it's come down and then it tried to get back into the rectangle. So, this is going to be very important. Couple of things are going on. Um, oh, I have to do it again. That's why I just did the update. Let me just do it. So, the Dow is now down uh only $60. $50 $54. That means that the mix and I'm just having a look here. So, Google is up. Uh, Apple is up, PG Proctor and Gamble's up, Microsoft's up. Uh, [clears throat] oh, a lot actually up. Amazon's down quite sharply. American Express, JP Morgan, I got to watch that. Okay. So, what we're looking at here, there's a mixed market going on because the Dow is coming back quite nicely. I don't think it's going to come back and hold. I think it's going to over the period of the next couple of days, it's going to be pulling back again. But look at this. the S&P which is down over 50 something points now down 33. Yeah, that was in the futures. Now down 33 in the cash at 7623. Uh didn't take out Thursday's low. So we're watching that very closely. Look at the weekly chart still holding very nicely. Monthly chart leg D with good technicals even with this pullback. the onbalance volumes pull back of the stochcastic set 93% but the pattern does suggest this lot look I'm pointing to this monthly chart daily weekly monthly and that monthly chart says you can hold in the '9s for quite a while you did that through 2024 all the way through December of 2025 then you started to pull back well we've held this again since July of last year that was last year then July of this year uh we went all the way stand holding from July of 2025 through 2026 and this at some point going into the next gosh I I just have to think that going that there's going to be so much viciousness going into it would be October into about the just really intensify well how it how it happens to affect the market we just don't know my suspicion is it it isn't going to be good for the market but who knows. Okay, so let's just go through this and say that the monthly chart there's every reason to think that 7816.70 the high of the 13th of August is not going to be touched as we go into each week just consistent choppy choppy choppy and therefore we could be making a PD in a monthly chart pd in the sh wave methodology says uhoh watch out yellow light doesn't mean to say you're going to turn down but this is where you have to be ready for some kind of a turndown. But look at this. The Dow is only in B. Unbelievable. Look, leg B, we have to call it leg B until the end of the month. Uh the QQQ is in legs legs is peak C. So it still has to go to a new leg D because in a buy mode. The IWM and the QQQs are down seven at 707. Look, the daily chart is looking it's looking kind of weak. Monthly chart says a weekly chart says hey nothing to see here. This is just chop chop chop sideways at the higher range. And the monthly chart says ah three months of just sideways action. Nothing to see here at the moment. Now look at this. The IWM monthly chart leg see probably a PC without going over 305.18. Uh the weekly chart peak starting to have quite a few bars underneath the 14 period moving average. that says be careful because there could be a sell signal. We haven't even got a sell signal in any of the weekly charts yet. And look at the uh daily chart sell mode and it went exactly to the arching over to test the left side low of uh the 31st was the 31st of July at 28783. We're at 288.78 right now having bounced off the low of 28736 uh which was above the low of Thursday which is at 28718. Okay, let's go on to the SMHS. SMH is coming back off a very sharp pullback into the CH wave inside track propellant zone. Uh trading right now at 545.83 down 22 almost 23 caps down 9 moving average to actually flip back from a green. It went pink then green and now it's back to pink. The day is young. We'll see what happens. I think it'll stay pink, but we're watching this very closely because here is the pattern we've been talking about. We saw it in the Dell, the lowerase H doesn't break the left side low. So, it goes to an Mshaped pattern. I suspect that we will be breaking under 500. 503.0 63 was the low of the week of the 31st of July. This pattern suggests based on the technicals of the U MACD retro strength stochastic at 34% and the onbalance volume that it's only the 914 that's holding it up and when the 914 goes pink we will test that level that 503 level a close under 499 any day let alone any week any day between now and the next week or two says oh you've got to be real careful that's the vanic semiconductor. So I just wanted to do this. Look here is here the components. So I wanted to show you something fascinating. I've done this uh for quite a while now. Sent a paper to the stocks and commodities magazine. Just an outline to say hey how about this? I've never seen you have a round number uh discussion in the 20 30 years or whatever I've been getting the magazine. Um and she was very interested. She said but we are actually doing one this next month. That was September. it came out and really what it is, it's the S&P futures and what happens at the various round numbers on the as if it's a Fibonacci extension or or a contraction and it's not the round numbers that you see, it's the round numbers that you aim for. So that's just so completely different. Oh man, we out of my round numbers in the semiconductor index, I'll go through just a few of them in when I get back. out of the public that have a number. I think it's about 30 something like 30. I've already got 18 that either the day of the day after they had round numbers at the all-time highs. I'll be back. >> If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of tfn.com. tfn educating investors. >> In the world of trading, only a few names stand out like Larry Pesventto, a pros pro with over 50 years of experience. Larry has seen it all. A former Chicago Merkantile Exchange member, Larry has authored 10 books [music] and trained over 1,000 traders with his unmatched expertise. Introducing Fibonacci 24/7, Larry Pesento's daily trading service that turns [music] the complexity of markets into opportunities. published every Sunday. Receive a comprehensive report packed with detailed commentary, charts, and videos that illuminate the patterns shaping the markets. 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Sign up today and become a part of this educational community of traders. Just visit the front page of tfn.com. [music] Unbelievable. I just went through this and I forgot all about cadence design systems. So I thought okay let's have a look. [music] The cadence design systems on the first of June has a round number 393 open right there. Right there um 393 open the all-time high was the very next date on the 2nd of June 416.69. no round number at all that day, but the very next day it opens with a 410.00 round number and that's it. It's trading right now 281. And look at this. I didn't even see that. Gosh. Um, if I was to do uh well, I I won't do it. I was going to do left side right side price time to that candle right there. It will take us somewhere over here. Doesn't matter. But let me just see the next one. Synapsis. I didn't even see that. SNPS. SNPS. [clears throat] All right, there it is. That's just before June. And the alltime high is 539.48. The day before 510 open round number open uh alltime high uh 53948. And the next day now around numbers that was the day before 500 same 510 open on the um on the 28th. So unbelievable right? So the day before it has a round number open makes an alltime high no round number and then the second day it has second day after the alltime high. So uh yeah so let me just put in my notes here. SNPS it's just incredible. S NPS S NPS I I won't all the details right and I'll just put the name there so I don't forget it. Um yeah we can just go through Pterodine I mean just I don't want to do them all. I've done them before. Okay. Pterodine has an alltime high of 487.61 on the 30th of June. Remember it's not always in sequence. Tops are made uh incre tops are made not sequentially. Bottoms are made almost always sequentially. All right. 487.61 alltime high on the 30th of June. 460 round number open. Goodbye. It's down to 342 right now. It had hit the 300 level. 300 what? Uh 296. I would say 487 to 296. You could say that there was definitely a round number significant decline in that particular end. All right, enough with that. I've made my point many times. Okay, let's just do this. What did I What did I just do? Was it STM? What am I looking at now? I'm looking at terror. I won't look at SDM. We go on because there's just so much to look at. So, I believe that we're making a a a series of highs. We were waiting for the semiconductors to really take a dive and today they're down 24 down 4 and a half% at 543. This is what I've been waiting for as confirmation that this is a sector that is not just taking a couple of weeks but it's going to be a couple of months of digestive action. Okay. So now let's go on. Let's get this out the way. We're done with you for the day and we're going to go a so busy talking. Never got a chance to get that short in. Oh no. Let me just have a look here. Okay, there it is. Daily chart goes to higher high A C goes to peak C1 C2. Okay, that's fine. Oh no, it doesn't goes to a G. All right, very good. G. And now we get back to the 200 period moving average. Ah, be careful out there. We've for subscribers, we've raised a lot of cash. We we um we're being very selective in anything that's a buy and in fact the buys are probably the short side. Um as I say, we've got our short positions. I'm really upset about two things. One is we had the UCO and I've been talking about this all the time. I've been saying everything I look at is suggesting that crude oil is going to go to higher highs. It's going to go into the hundreds. How it holds, if it goes over 110, that's going to be a major thing. It hasn't got there, but how it holds in the low 100s is going to be very important. Look, today it popped up, went to a new recovery high, not alltime high, just a recovery high. Um, went to 10495 and here it is. Uh, this is not this is overnight, but we're talking about 10:30 in the morning and it's still holding up $410. There is nothing that I'm looking at on the fundamental level that says um Iran should just say, "Okay, this is it, folks. We we're done. We're going to seed to everything that America wants. We're just going to give in." They just don't do that. 47 years they've never done anything like that. So, it just seems to me that we're looking at something that is a predominantly negative. I don't see a plus side to this. is this you remember we were just look we were there we were down just the low of the the most recent low was July the week of the 3rd of July um crude oil was at 65.61 61 on the continuous contract. It is now at 104 $40 more. That's I mean we won't expect anything like that. We've been there. We thought that was it. No. Nope. The 9 period moving average for back to green. And look where we are. I've got a left side right side price time match that says that by next week we should be tagging the 10800. Oops. Don't get carried away here. 107.65 high. This is a continuous contract. the prices change of uh April the 10, the week of the 10th and then the high that was made at peak D was um the week of the 13th of March and that was at 108.82 82. This is continuous contract. Remember the best thing you could look at is really the UCO which is three times short and it is ex just today. It went exactly to man and we had this and we I just didn't get back in. Why? Because it kind of gaps up and then you know what's going to happen. But it was my ideal pick. Didn't hold it. We did have it. We didn't hold it. Made some money and then we got out. So look at this. The high that was made in UCO back on the May the 22nd. see it has slightly different uh date dates than the other. Uh it was 52.94 today high today's high was 52.80 we were within pennies away from testing to see whether it can go to a leg E in the daily and that leg C could be an alternate count but I'm calling it a C in the weekly and that will be a leg C in the monthly chart with a high that we're looking at of 55.60 60 back in June of 2022. All right, this is not a great scenario. Now the Dow's down 237, S&P is down 56 and um man. Oh, but look at this. Um okay, we know we did not get back into our RBK. This is nice move. This is obby rubric cyber security cloud data management ransom recovery very good move up eight today you just can't tell with these things they act so poorly then suddenly pop they have a good upside action so this is acting very nicely today I'm going to emphasize today all right next question came in let's see basil uh as we assess the short side in traders coin that's my daily news there the the the the channel the the chart that as my all the positions trader corner. It sure would be a lot more comforting if the diamond weekly wasn't only in PB. [music] Seems like we could get a big upside at any time for Yeah, that's that's a good question. I'm going to go through that. But at this particular point, um negative is the way. Look at this. Look at that. We went into the rectangle to the top [music] and now we went right to the bottom. This is not good. I'll be back in a moment. Basel chap this is our a negative basel chapman I'm sorry >> if you spend any [music] time online researching trading techniques on how to begin your trading journey you've no doubt come across many folks who push forex trading as a way to make big money quickly unfortunately there are equally as many stories [music] of these so-called forex professionals just looking to make a quick buck off aspiring traders without actually teaching the ins and outs of the forex market this is what sets Teddy Kekstacks the Tiger Forex report off the riff raff. 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Visit direction.com. Investing in the funds involves significant risk and should only be utilized by investors who understand the impact of leverage and actively monitor their portfolio. They are not designed to track the underlying index or security for more than a day. Before investing, carefully consider a fund's investment objective, risks, charges, and expenses contained in the perspectus available at direction.com. Read carefully. ALPS distributors, Inc., we're back and we're looking at the D down 227. But the question came in about just using the D. The question was for the D. I'll go to the D. Now, you made a PC in the weekly chart. Excuse me. And you see the nine period moving average above the 14 right there. Um I'm going to move that away there. You can see a little better. Let me just check in on my charts. Yeah. Okay. Yeah, you can see it nicely. So that's the green line above the 14 period moving average black line. Um that could take a while. It could actually happen very quickly. But the 9 period moving average on a weekly basis going below the black line to go pink. You'd have to see the Dow somewhere in the 51 500 area. That's my thinking right now. So it's another maybe thousand points 800 points down. So these things do happen quickly. But most importantly what we're looking at is uh the monthly chart. Well first of all to negate this PC you'd have to see a low below the 45,057 low that started off in April. All right. Yes. If it came down to the 50,000 level, I say, "Oh, man, that looks like it's going to avoid." And then what we might get is a peak A B C D under that peak C and that'll be a prioritization of the waveform. But I don't want to go there. Look, it's this is this is a very slow roll. Look, even the Dow um which should have been very negative. Look, I just read to you Google up. Um even Disney is up. So, it's just a couple of stocks that are dragging it down. Um, and that's the way it's been. It's been real good and then real poor. So, as I see it at this particular point, um, I'm not going to I being short, I think, is the pro is the is the right position to be in. We get stopped out. We get stopped out. Big deal. We can always jump back in. But and I did not get stopped out because we got out of our long position up there and I said, "Oh man, this looks like it's going to break down. Um I should be short, but because I expected the choppiness, it was really hard." But the fact is it's worked out so far and that's the way it is. The um question came in also about um Yeah. So your your question about we could get a big upside at any time. The way I'm looking at it, I've said this before and it hasn't been accurate. I've said, "How many times can the administration pull something out of the hat and have the market spike up because they thought a deal was close?" I I at this point it really you've extended. You've got the hooties. You've got the Houthies Houthies. Uh you're you're it's much wider than it was. All right. So that just says to me, keep crude oil in your mind because that is holding very well. It is not an all-time high, a recovery high. They're very close to the high that was made back in March. And all I can say is I don't see anything on the chart. Look at the flat stochcastic. When the stochastic goes up over 80% and then comes down, be careful. And that's exactly what happened. And you see that peak? See how weak it was? You see that chart there? Keep your eye on this part of the chart. Have a look at this chart. This chart right here. You remember I spoke about it. I said this is weak. This is not a good this is not good action in gold. I don't know why it's not much higher. So a charge is a charge. So all I can say is as it stands right now, a lot of things could happen. But as long as we've got this rotation that at some point other some areas are weak, other areas are making out. Look at this. All of a sudden, you've got PN A W P. Oh, I shouldn't have said anything still. I remember P A N W. What am I? I'm looking for the W. Is that not right? Yeah, there it is. P AW. Palter Networks. A huge leg up in the weekly. Look at this. The monthly. The weekly is holding beautifully. And look at this big spike we got today. So this is that whole cyber security thing. So maybe that >> [clears throat] >> uh stock be had did so nicely uh rubric is back in play again because this is the cyber part of AI everything involved. So you see the rotation that I'm talking about. It didn't look like that on Friday. Didn't it look like on Friday? That was lousy. Look at that. Uh for pal pala networks and all of a sudden look what happens today. Look at hack. This is the it look horrible. I I was looking at this over the weekend. I just show my subscribers because we were looking at other things. But that looked lousy. I didn't show it because it looked lousy. Suddenly today it moves. So that's is amplify cyber security ETF. All right. So, let's go back. So, the question came in. Could I look at Yes, I did look at crude oil. Oh, you want CLSK? CLSK. CLSK. Yes, I should know this by now. Uh, Clear Park, Inc. Clear Park Inc. Am I Am I going to Oh, Clean Park. Okay, this is Energy. Nice move today, but it's just stuck. So, this is what I'm talking about. They look great and then they just stall. See how strong that nine that 200 period moving average is? It's like a magnet. It just keeps being drawn right back to that. So until it can get is it 12 138 down 30 c 38 cents today. But that doesn't look right. Oh. Oh, cuz it had a good Friday. And until it can trade in the 14.80 to 15.10 area for two out of three sessions, I think this is just kind of stuck. It's looking quite good right now. Um, and the weekly chart still doesn't look good because the night moving average hasn't turned positive. Yeah, I'm going to stay with that. So, parameters to watch 14.80 to 15.10. That would be the best sign because it'll say it's starting to move up even more. But if it breaks down and closes down to $1245, stuck. It's just not going anywhere. Hope that helps you. And next question came in and that is uh yeah so um so I consider the the semis to be always to be the most important sector of the of the market for forever where they go the general market is going to go at some point not always at the same time but it's just a directional indicator okay so I was showing you Nvidia so Nvidia [clears throat] that's the one that didn't a round number at the all-time high. That's the one I expected to be right there. Um, and that was at 236.54 back in May. Let's see if I can just swing this over here. Yeah, 230. So, what does it do the very So, it makes that high. Um, and then the very next day, nothing. But then what happens? The second day it has Where is that round number? Didn't Wait, where's the 230 come from? 230. Uh, I must have put it in, but Oh, there it is. 230 on the 18th. So, that's 2 days later. It has a 230 high and then it comes tumbling down. But look at this. It's already back. So, it did the inside. Uh, this is the falling acclamation. Now what I can do is I can say um oh and I love this. Look what happened. It went all the way to two 234.76 [music] a double top 23476 on the uh 4th of September and now it's pulling back. I'll be back in a moment. >> Many trading newsletters attempt to focus on a narrow set of equities or commodities. While this [music] works for some, it often times misses many opportunities that possess huge gain potential. But how is an independent trader [music] supposed to scan the entire market looking for these hidden opportunities? One simple answer, the [music] opening call newsletter. Basil Chapman, developer of the Chapman wave trading methodology, has been trading the markets for longer than [music] most trading influencers have been alive. And over that time, he has honed his methodology in order to accurately [music] call movements in a wide range of equities from semiconductors to uranium to key indices [music] and so much more. Basil is old school, taking the time to educate the [music] trader while also giving his insights into key indices, selective stocks, and more. Opening call subscribers also receive access to dozens of educational live streams that can be accessed at any time for your edification. All firsttime subscribers receive a 30-day money back guarantee. So, ignore the pop trading influencers and start learning time-tested technical analysis. Steve RH started his trading career as a student almost 20 years ago [music] and the student has now become the master. Steve won the prestigious timer of the year award in 2018 [music] and barely missed that mark again in 2019, finishing at number two for the year. An amazing accomplishment. Steve Rhodess is committed to sharing his techniques and knowledge with [music] anyone who wants to learn, and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's [music] award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFN, all our newsletters come with a 30-day money back guarantee, [music] so you have absolutely nothing to worry about. Visit tfnn.com and try Mastering Probability 30 days risk-free today. TFN, educating investors. For traders who crave risk, directions daily leveraged and inverse [music] ETFs provide opportunities to magnify short-term perspectives with up to three times a daily leverage. Utilize bull and bare funds for both [music] sides of the trade and trade through rapidly changing markets. 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So, I'm going to keep usually I get rid of anything that I think is just plain old redundant, but I'm [music] going to keep this jab inside uh track repellent propellant zone in place because it's already done the cup formation with a double top and ready 23654 back in uh 14th of May. It tumbles down to 189. Then it comes back and goes to 234.76. I can't tell you how many double tops I' I've noticed. So, the two techniques that are really talking about tops for quite a while now. Have I written it down yet? Double top. Double top. Let me just I don't want to move away too quickly from what we're talking about. Um, okay. Uh, yeah. Okay. I'll get to it. But look, this says that Nvidia, look, that monthly chart is still fantastic, but this is the daily and it says it should come back into this inside track. Now it's the prop palen zone, but 198.76 is the 200 point moving average, 200 period moving average. So that should be rising a little bit. So this is the area. In fact, I'll circle it and at some point I think we'll be going there. And when we get there, that will be where we start to I think start to accelerate lower in the semiconductors. They're already down 27, but they've been counted down 27 all day. So, all sessions just over an hour and a quarter. So, okay. And now look at the weekly chart. Weekly chart. Yeah, double top made a peak B. Uh that made a an E slash. I'm still calling an E/ A because I could give you a justification for calling it an A and I can give you justification for calling it an E. But my my instinct is to tell me that there's going to be a big consolidation here. Here I do not want this is just irritating my eye. So I'm going to get rid of it. It served its purpose. Did the job. And now we're looking at more this cup formation left side, right side to the to the left to the right. [snorts] So Nvidia, keep it in mind. one of the great stocks uh that we've had at some now does is this saying it's all over all the yakity yak about Nvidia? No, I think there's still enough room. I could give alternate counts. I don't see any reason why I should. I think that is a peak B in the monthly chart and we should go to a CD in 2026. Nvidia semiconductors GP accelerated computing blah blah blah. But in the meantime, I think it's taking a bit of a breather. Okay, now I wanted to show you Oh, ADM. That was the one. So this is not AMD but ADF. This is Archer Daniels Midlands. Did I do something wrong? Did something looked wrong there? I spelled it incorrectly. Get rid of that. Boom. Okay. So, uh, Dan Eels. Dan Eels. I missed the E on the wrong side. There it is. Okay. What we're looking at here is that this is Let me see if I can just do this. I want to get this correct. I don't want to just guess it. So, oh, there's my I'll get rid of that. So, what we're looking at is Archer Daniels does [clears throat] um a global leader in human and animal nutrition. H I wouldn't have guessed that. I completely for I knew it was in something to do with kind of biosciences. Human and animal nutrition. Human and [clears throat] animal [music] nutrition. Okay. I didn't know that we went together, but it looks like we do go together. Um and processing or agricultural or ah it's the agree part of it that I was really thinking of. I would say that's why I would have missed this part. Angry. Okay. Um, yeah, look at that. A very nice move to the upside. Look at this. This is the monthly chart. 98. There's the double top. 98.88 back in April of 2022. It takes 1 2 3 4 5 6 7 months. Retested at 98.28 cup. It goes right down to the 39 level. 38 39. And then it comes back again in a cup formation. It's taken out this left side high. So it says that the 98 should be a target even though it's in a leg D. Look at the MACD. Everything's very very positive. So I just wanted to mention that someone has said um what are you looking at? That looks good. All I can say is that Archie Daniels is looking very good right now. That's the monthly chart. So that means the shorter term is the weekly and leg D right now. [clears throat] Not a peak D because it made a higher high uh this month uh this week. Um, and it went from last week's high of 90 80875 to this week of 80 8873. So, this could become a peak D. We'll see. All right. So, it's a leg D in the weekly chart. It's a peak E in the uh daily chart. Uh, but once again, double topish because it made a high on the 23rd of July of 88.48. So, isn't that interesting? Uh, I didn't do a left side, right? I would have had to use that do tiny dogee over there as the midpoint. I think I would have missed it. Yeah. Would have missed it by one bar. Okay. So, left side, right side probably bar symmetry. Okay. So, you have things that are working and then you come across a mo. Look at this mosaic. You think come on mosaic. This is Did I not put it in? Yeah. Mosaic Company, chemicals, phosphates, potach fertilizer. Surely this should be in the area that's really doing well. H the weekly chart did go to leg C then a PC. The um daily chart just went to a PG. Um and yet it said 24 just uh in July it was up in the 37 36s and the high was 79.03 back in April of 2022. You see this is what I mean about the selectivity of this particular um phase. It just something works something doesn't work. Something in the same c look at proctor and gamble. Proctor and gamble today. Nice move up um up 95 cents at 14622. Lousy [clears throat] rectangle charts already gone to a PD under the 200 per moving average. Uh Johnson and Johnson defensive as well, but it's got the healthcare part of it going to a Pak D. >> [clears throat] >> uh oh it had the round number that was back in July before it pulled back sharply but then it went to another high that was high of 281.07 07 on the uh 92nd of September. I don't see any round numbers. Nope, no round numbers. Very nice. So, it's uh up today 315 is a red candle, but it did gap up, but this is a much better chart, but they kind of be in the same same sectors. All right. Now, what about NAT Nordic American tankers? Well, it's in a leg D, a leg F in the weekly chart of that instant restart and a leg D in the monthly chart. So, I think it's going to give us good clues. That and Frontier are the ones in the energy sector. Um, that are going to just be very important. Look at this. Frontier, a new alltime high at 49.90 today, hit 50.42. Leg C in the daily chart, leg E in the weekly chart, and leg in the monthly chart. Frontier limited shipping. All right. So, I've done a bunch. I've got I haven't gone around the world. I've forgotten about Bitcoin. Look, Bitcoin is holding. Okay. It's up 1305. That's why we still have it for subscribers in the opening call because it seemed to be between that and the gold sector that it seemed to be kind of a little contrary to what's going on in the general market, but [clears throat] it's holding the 200. It's like glued to the 200 in the daytime. It is glued to the 200 pip moving average in the weekly chart. Uh something needs to happen here for it to to really show some stats. It needs to get to 84,000 um [music] to 78,700. I don't know if it can, but that'll be the the most important thing if it can do that. I'll be back in a moment. Bas down to >> 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. 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Don't forget you can listen to TFN live on your mobile device 24 hours per day. Go to tfn.com then hit watch tiger TV. That's tfn.com then hit watch tiger TV. >> Got a question about MP materials. MP is the symbol [music] trading at 50.89 up 38. Um, so yeah, this is the same thing. You think [music] that the rare Yeah, US US uh US I think it is US rare. Yep, there it is. Same thing. Look at that. PD also pulling back. So, this is what I mean. They were looking great just 3 weeks ago. All of a sudden, they're not looking so great. So, I just be careful here. It's very selective. And uh even more important than just saying it's selective, it's within the groups themselves. Each one is doing something a little different. So just real quickly, the GDX. Oh, did I do that? I didn't. So GDX is down 3.51. It's done the dreaded AC has pulled back. I think it's more consolidation right now based on the weekly chart, but it should have had a better by the end of the day. It needs to have some kind of a rally. Gold needs to have some kind of rally otherwise this is also going to be in a digestive phase. Uh, what did I also want to look at? Did that did that? Oh, TBT. This is the yields. So, the yields right now, you've gone to a leg C in the daily, a leg E in the weekly chart. We're getting so close to the 40s. Wow. That means the 4% uh in the ultra short limit 20 Tbond ETF. Yeah. Yeah. That's not so good. Um, so yeah. So, I'm just saying you're going to be going to Steve Rose right now. Um, and uh couple of things. Number one is be careful. Raise cash. We've raised cash. I think it's really important to have cash. Don't be overleveraged on anything that's not working. If it's not working, say, you know what, I'll sacrifice some upside. I don't want What was Dave Weiss's beautiful expression? Better to be out wishing you were in than in wishing you were out. I I I think that that holds right now. So, just be very careful. Meanwhile, back at the ranch. The day is young. We're an hour and a half into this first first trading day of the week. We'll see what happens by the close and u check out opening Paul D [music] newsletter and I will see Oh my good. Yeah, that's we still I guess that was a question. Yeah. Yeah, we still I All right, folks. Have a wonderful day and I will see you tomorrow. [music]