September 17th Trade What You See with Larry Pesavento on TFNN - 2026

journey because when you know better, you invest better. Join us and experience the difference today. TFN, educating investors. The following is a presentation of TFN. [music] Trade what you see with Larry Pesventto. [music] Call now toll-free at 1877-927-6648 or internationally at 727-8737618. Now, Larry Pimento. Okay, folks. This is the Dow Jones Industrial Average. Over the last 6 weeks, it's been in a bare market. It's made its uh objective here yesterday almost exactly to the tick. We took this out by about two points and then we had a rally of 600 points before the Dow closed and then it rallied another 3 or 400 points. So, we go down to the hourly chart and we'll try to make some sense. There's where we were. All we did now is we rallied back to the 382 of that move right here. Just going to do it together. Okay. Then the market pulled back. We thought it would pull back to the 382 because the trend was so so strong, but it went to the 50% level. And you can notice now the rally back. Now this is an hourly chart. There's the rally back. So we're going to go down to an 8-minute chart and just see what we're looking at right now. So there's the move. Okay, there's the pullback right there. And as you can see, what we're doing now is we're making a little ABCD pattern right here. Now there's your 50% pullback. See, we wanted it to go to the 382, but it went through there like melted butter. And I'm going to show you why. Okay, there it is right there. There you can see the ABCD coming in. We're trading just about at the 382 retracement now, I believe. Uh no, actually we're at the pretty close to it anyway. But let me show you why this happened, folks. The Dow Jones has 20 stocks that are triple digits. The number one stock in the Dow Jones without any h this hesitation at all is Goldman Sachs. And you can see here Goldman Sachs got creamed here on the opening. It went down to the exact 61% retracement, folks to the exact ticket. And you can see we've already rallied 33 points. That's a lot. That's enough to move the Dow that much. So that's what we're watching here. This completed this right here. We had some major stuff. You know, this this market is not bearish anymore. It might be in a day or two, but by golly, it certainly isn't. You got to be looking at places to possibly get long. That's what I would be watching. I watch short-term patterns, of course. That's what I'm watching here with the Dow Jones. All right, the next one we want to take a look at here is the Russell. Now, there's the Russell. We'll get it up here. It had a huge rally again. There's the Russell. Now, this is on an hourly. What we're going to do now is we're going to go to the 4our. You can see what we do. We came down. We actually went um actually this is the 382 to count of everything. And I didn't put that one in. So, let me do that right now. There's your A B C D and that didn't quite make the last we we shattered all those. So that's been in a bare market for a month. And so now we had a big rally. We've rallied back uh 80 handles here in just a matter of a few hours here. Okay. Now to me, these are rallies in a bare market in the Dow Jones and in the Russell. But the the NASDAQ is a totally different story. But before we get to the NASDAQ, let's just see what we've done today. We're going to move this down to a smaller time frame and see if there was any 382s. And as you can see, there was not. There's not a 382 in sight. Not even close. So, there's nothing you could do about that. Just a straight up I believe it's short covering, but one never knows. But let's take a look here at the NASDAQ. And it'll help give us a little bit of information here. And the NASDAQ is right here. Let's see. Remember now, all these things crashing down, right? not the NASDAQ. What we're going to do now is look at this on the 4hour chart. And there's where we are. Okay, we did not take the news. We did not take the lows out. You see that, folks? We did not take the lows out. Every index did except the NASDAQ. It did not do it. All it did there's here's when the the big daddy rabbit came in and talked about what was going on and then the market collapsed. Okay? It didn't even take out the lows of the, you know, of the 10th matched. It didn't do anything. And look and see where, you know, straight up again. Where are we? We're back into the resistance zone. So, this is what we're going to find out what it's going to have and how much it can continue on because if it's real bearish, it'll have a 2 or three day rally and then we'll be back in uh looking at it. So, right now, we stand aside and that's uh what we're paying attention to. I think we already did the uh S&P. Uh pretty sure we did. Yeah. Well, if not, we'll pick it up eventually. Okay. Now, let's move over here and talk about that. Was a big deal. All right. Here's Let's cover go through some of the positions here that we've had on here. And this is the uh we took profits. What's going on here? Okay, there it is right here. Here's the British pound yesterday. completed the pattern in the British well actually today early morning it did took care of that we did complete that we remember we bought it here sold it here sold bought it here sold it there sold it there was very very good to us same thing with the uh yen excuse me but the euro but the euro uh really went way through the uh uh if there's no reason to buy it of course but to cover the shorts what we were doing there's your covering of the short was right here at the 115 level and you can see we went down to uh dropped another 70 points below that. So, uh it continued to go down. It didn't even make the 786, but now we're bouncing a little bit, but those are completed patterns now. So, we're not uh we're not going to be doing those. Uh we'll be watching them, of course, but uh there's nothing else to do with that. We had another one that looked like it was going to be good, but the problem was, and the problem was I misinterpreted what I was trying to say, and that was here in the Japanese yen. And I I did it the correct way. I said to sell it at 15,560 with a stop at 156. And you can see here that was boom boom. You were in the total of about 10 seconds is all you were because here's where the dude started talking and you would have been filled there and out there and that's it. And here's what it's done so far. So there's not much to say about it. Sometimes they win, sometimes they lose, but boy, we've had one heck of a good winner, folks. And that's been this one right here. If you all remember, we've played this game before. And then you can see where we are. There is a game we were playing the other day. Remember we said it could get up here and then we said in the video look look it didn't get there. So let's sell the first 382 retracement. There's number one was right there. Okay there's number two. There's number three. And where we are right now we just we just made one right here. Let's just just doing it right now. Let's move it over here. In fact it's just above it right now by about uh 20 points. There's the number comes in at uh 132, excuse me, 10202 and it's trading 10231. That's a 382 off of the high that we made right back in here. Now, I haven't checked the AI with this, but I'm going to do it right now just to see if it has any validity. Oh my goodness, we've got some validity here. We can say this big move here. Oh, we've got another big AB CD here, too. Let's just double check here. There's AB [clears throat] equals CD. And there it is right there if you're like that. And all we got to do now is [clears throat] to see because we've certainly seen this invert. It's inverted here and it's inverted here. That's not unusual. Those are those are mirror images. So, we're just going to turn this around and uh have a big surprise ending when you come back. All right. There's where we are, boys and girls. [music] >> [music] [music] >> 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 TFN, you'll get advice and guidance from the authority in technical market analysis. And it's not just dry, tedious [music] text, either. TFN airs live financial content streamed live on TFN.com [music] and TFN's YouTube channel with Tiger TV. Live every market day from 8:30 a.m. to 400 [music] 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 [music] 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 [music] right moves with your money. 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TFN newsletters cover every aspect of the markets [music] so you can analyze the market before you trade. Try any [music] of our great newsletters risk-free with our 30-day money back guarantee. [music] Just visit the newsletters tab on the front page of tfn.com. TFN, [music] educating investors. >> [music] >> Okay, folks. I want to show you the action in the gold from yesterday. Gold, uh, this was the 61% retracement on the daily. It went from 4410 down to 4270. That's $140. That's $14,000. And what did it do? It went up 15,000 today. Look at the ABCDS. Now, what I do is when I mark these like this, what I do, I send them to family members, let them decide, two of them anyway, whether they want to buy it or sell it. But I they know what I'm doing. But you can see how the symmetry is so beautiful. There's your BC swing here, exactly equal to the B swing right here. This was 50%, this was 50%, you have your two targets up here. It's now trading around 43.99. So, it's made a few thousand bucks. That's basically what I'm doing. Okay, just to give you a heads up. All right, the thing that counts the most is this right here. This is it. The next through what we'd like to see if you're really bearish, you want to see about a 5day rally, and it'll probably be 5 days. We'll see what it's going to do, and we'll see how these others are all acting the same way. And that's the main thing that we're trying to look at here. So, let's get back here and go over some other things that we need to be covering. All right, that is the crude oil. Let's get this out of the way here. Here's one that messed up. I messed up, folks. I got to show you what I do, right? and what I do wrong. This was the trade I love the best and uh I put the stop too soon and that I put it at break even because I didn't think it had the chance to get back up here and it did and so that's why I uh I had it at the break even spot and it went up to a little bit higher than that and then you can see it's went down a little bit over. So didn't make any money on it but we didn't lose and that's the that's the main thing. Okay, now we got that one out of the way and we want to continue on here. I'm going to be jumping around a little bit because there's a bunch of things that we need to cover. Hold on one second here. Let's let's take a look at Intel. Okay, here is Intel. Okay, that's in the news today. It's up about 10%. You can see we're coming in higher right here. Now, this is going to be a legitimate legitimate type sale, folks, because you're almost at the 50% level and you're almost at point D. that comes in at uh 112 and we're at 11137's been the high. So 112 is the number you want to be watching. That is a sellgarly A B C D A B C D right there. Okay. Your stop would be well on this you have to risk 3%. So 3% would be $4. So your stop would have to be 1112 would be 115 would be the buy stop. If you're wrong, put that in 115. There's you say goodbye. So, you're only risking $4. Okay, that's the way we' be watching it. Now, [clears throat] let's look at another one that we always watch. That is Mr. Appel who's down by the well. We'll get this over here. Move that over right into this level right here. And you can see it. There it is right there. The same type of thing. This is also a bearish gardley. Now, we went up to this level, then we backed off. with the news today, whatever the news is, uh, with all the other stuff. You can see we're above it right now, but the sale comes in here at uh, 335. We're now trading at 336. 1% of 300 bucks is 38. So, you stop right here. If it gets to 38, you say, and take your $3 loss and say goodbye. So, that's what we're watching here with the uh, with the uh, with Yeah, I'm not doing these trades. I'm just showing to you uh how these stock things work just as well. You can see on the bottom here, look at this. You have higher bottoms in here. Look, I mean, these are these are this is a really significant bottom. You come down, you're almost exactly at the 61% retracement. Look at that. Just uh a you know, tick or two below it, you're down 1 2 3 4 days in a row. That's what you're looking for. So, it worked pretty good at the time. And now we're going to see the opposite side. We move it back the other way. Okay. All right. We got that done already. We've already covered the Russell. We've covered the British pound. Hold on one second. I got a couple others in here that I must cover. So, the only way I can do this is to window tile vertical is to uh put them back together so I can all see them. Make sure I Apple S&P the go. I've already covered the Goldman Sachs. I've covered the euro. I've covered the crude oil. I covered the natural um the uh what do you call it? The NASDAQ and uh the YM. I've covered Oh, no. Here's the YM. Yeah. No, we did cover the YM. This is the move down. We just made the ABCD up here at 50%. Now it's jumping around. Folks, these numbers in Wall Street, they they like this volatility and we're they're really getting a lot of it. So, that's the the [snorts] real beauty of uh what we're looking at here as we're watching some of these uh things unfold. Now, we've been asked to take a look at the Canadian dollar because Canada is going to be our 51st state, it appears. That's a joke, boys and girls. Hold on a second. We'll get this Canadian dollar up. And uh this should have a lot of volatility because it's in the news a lot. We'll put the daily up first. Now, this is not a big lot of lot of volatility. This is a this is a Oh, this is Gartland stuff, boys and girls. We got a trade. We done has a trade. Shut the front door and razor it. Okay. Now, this is the Canadian dollar. US dollar versus the Canadian dollar. You're long the dollar, short the Canadian. Okay. Now, here's where you want to be reversing. And the reason why is you can see in this move here, there was your 382 went to 50% and then boom, down it came. And what have we done? so far. Now, this is several weeks now since the 16th of August. You see, we're making an AB equals CD pattern. There's AB equals CD. Okay. Now, it because of the strength of this part right here, it has to go to 1.27. So, we're going to put that in there. Let's see if it takes us to the promised land, which it usually does. Too bad the Elliot boy Elliot wave boys never looked. It went actually higher a little bit. Actually, it's close enough. So it went much higher than we expected on the 127. So it's really basically one one AV equals CD. It went just a little bit higher here. We went uh from 39. Oh, not even one point. So it's not a big deal. But let's take a look at the high from right back here. And let's see if that takes us to something interesting. And there it is right there at 50%. And it's trading below it right now. So, you sell the Canadian dollar. Uh, sell the US dollar here against the Canadian. This is going to be a trade I'm going to be doing. I'm going to sell the US dollar against the Canadian. Okay, that's what I'm going to do. Put it right there. And then I'm I will put a stop of about 40 pips above it. Now, if you wanted to do the futures, and futures are fun to do. They're actually pretty good because there's your Canadian dollar right here. We're going to put that daily up. You're going to see the upside down version of this, of course, because this is the opposite. Here's where you want to go. Long the Canadian dollar. And that's what we're doing. We're going long Canadian against a short. And there's where we are. Boom. Boom. Boom. Let's get these refresh the defaults. There's where we are. And let's see if we're right at the money here. Oh, this is even more bullish. Yep. There's where you are right now. So, you're going to buy the Canadian dollar right here. Either short the dollar or buy the Canadian. We'll do either one. will report it as the dollar Canadian, but that's what you want to be doing and buying it right in here. Looks like you have a just about absolute perfect ABCD. You do have a perfect ABCD in the dollar Canadian, but the Canadian by itself is uh well, it's against the dollar anyway. So, it's the same thing. We're going to put that on as forget the futures. We'll put this on as the forex. You can do the futures that you want. It's they're talking about very small amount of money here, you know. So, that's what we're watching. We'll watch that one for tomorrow. I'm going to write that down. Oh, I won't be here tomorrow. Tomorrow's physical day. We'll be right back. 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Read carefully. ALPS distributors inc. [music] Okay folks, we're going to look across the pond here and see what's going on. Before we go to do that, we're going to look at the New York Stock Exchange index. You remember the 1.618 expansion here? took us exactly to the high. What I wanted to do is to find out if today's uh the the low yesterday. Now, today it's a little higher, of course, but I want to know if this is exactly 382. I can tell you just by looking at it that it's not. So, I'm going to put the retracement up. We're going to go from the low up to the high. And uh Whoa. Where is it? [clears throat] It doesn't uh ah shock. Something's wrong. Hold on just a minute. Screw up a one car funeral. Just a minute, boys [clears throat] and girls. Let me get rid of that and we'll try it again. Okay. Okay. Let's get up here. I use delayed data here, folks, cuz I don't really do any stocks and this foreign stuff. And here it is. Where is the number? Oh, here it is. Right there. There it is. Hold on. Right there. Okay. Now, this missed the 382. Uh, [clears throat and snorts] shucks. See, I missed the 382 here. The 382 is this number right here. Okay, 382 is this number. That misses it by quite a bit. Now, we're having a rally, so we'll have to wait and see. All right, let's go through the pond here. Here, the Dow, you can see we had a move down here in the um Bitcoin. It came down. Looks like it made about a perfect 382. I can tell you that's pretty much what it did. Look at this one right here, folks. This is the uh Korean market is virtually doing nothing. Okay, here's the uh this one's doing pretty good. This is the semiconductor index. Okay, it's up a little bit. It's up about uh 3% which is quite a bit. Uh there's the euro or the pound going lower, the euro going lower. Uh this is the Nifty50. It actually has an up day after I don't know how many down days in a row. There's the Japanese stock market just barely up on the day, folks. That's not acting very good. And here is the German DAX. It's up pretty good. It's up about this is the third day up. So, it's doing okay. So, we'll see what happens with that. That's on the on the outside of uh what we're watching. So, we'll come back and we'll look at a couple other things we want to watch. Okay. Now, let's take a look over here and let's look at live cattle because I like live cattle. They're fun to trade and when they work, they're even more fun because having losing trades is not any fun. So, here's the daily chart. Uh-oh, we just missed it, I'm afraid. Son of a gun. Yeah, it looks like it. Here, there's where we were yesterday. We were up at the uh 61% of that number. And then we the last two days it's done this. So, let's look at this on the hourly to see if that would have given us anything to Oh, there was a sale up here. Uh yes. uh just a couple of days ago. All right. Then we came down and then the market rallied today. Let's see. Yeah, there was yesterday and it rallies this morning on the open. It rallied up to about the 786 it looks like. Yeah, right on the 786. And now you've come down pretty hard. There's your opening gap. Stopped at the 786. That's a big move, folks. That's well over a,000 bucks in cows. And as you look at it right now, it's completing the target. There's your AB and there's your CD coming down actually a little lower. The retracement level off the low here was right at exactly 50%. That would certainly make that a completed uh completed pattern. But here's the opening. You're coming down. You'd like to sell at the 382. It opens at the 618, goes to the 78. That's only a difference of $400. But if you waited for the 786, that got you right on the high of the day at uh 221 and a quarter and here we are down five handles, folks. That's 1,200 large. [snorts] Big deal. Cattle are fun to trade, folks. This is big with the commodity funds, too. They trade this a lot. There's your cuz a lot of people like to eat meat. That's the main reason. It has a lot [clears throat] of ABCDS in between. Okay. Now, let's move on here. What else we're covering here? Some of these things here. didn't mean very much. Okay, let's move over and talk about the soybeans. Okay, got up here. Oh, we'll do wheat first because wheat was very good to us this week. Here's the wheat with the December. We get the daily up. Had a lot of oxen jack. We're back down to where we were, boys and girls. Look at that. There's where we were. Remember, we bought that down here at 19. We got all the way up to there. If we remember, get this up. We'll put this up on the hourly chart. So, we'll see where we were. Okay, there was our buy was down here at the 19. We went all the way up to this level. And look what we did today, folks. Another ABCD to the downside. I missed this one. Son of the gun. You know, you almost have to get ready to do these. And when you're doing so many darn things, you can't. So, you have that big gap down. That'll take you to the 127 as you can certainly see. That'll be the 78% level of the bottom almost right there today. buying them at 17. That'd be a nice 10 cents. Now, just for kicks and giggles, bear with me here for a second. I want to see if it lined up really good with the AI program today. So, we'll put the two minute up and see how well it did. And oh my goodness. Not too bad. Not too bad. Yeah, there's the bottom coming in right about here. And there's your top. And should start down, I guess. I don't know what's like I think there's an ABCD there, too. Isn't there cowboy? Let's take a look. There's AB and there's CD. Shut the front door and raise around. Maybe this stuff does work. It's like eating ice cream without having the calories. All right, let's get this out of the way and we're pretty much done. We want to look at this the soybeans also. Get those back up here. And these are the November beans. And uh they'll be being harvested here pretty quickly. Let's just look at them on the 2-minute today to see what they're doing. And uh well that said it was going to top early in the morning which it must have did something but let's look at this on the hourly and see where we are. We're still up near the highs folks. Oh my goodness. Look what it did today. Shut the front door and raise the rent. Another ABCD. Maybe these things make sense. I don't know. What do you think? Or I don't Well, doesn't make a better shut up and be thought a fool than to keep your mouth working and remove all doubt. I don't know who said that, but they were pretty smart. There's your ABCD. Looks like it's exactly 50% off the bottom here. Yep, there it is. We have a nice rally here. 14 to 18. It's another $500 rally. [snorts] Grains are fun to trade, folks. They don't get you in a lot of trouble like you do with the stop and pee and some of the other stuff, but those are the main ones that you want to be watching. They're very, very, very exciting to to work with as uh we have already seen. Okay, now let's get the next one we want to look at is the corn. Corn has been incredibly strong, folks. Get the daily corn chart up has backed off very little. Look at this where we are here in corn. We've done nothing. You know, I just look back here. You know, nobody wanted corn at 360. It's a buck and a half higher. And look at this. It's still it's still going up. It hasn't given anything back. 16 17 cents. That's nothing in corn, folks. It looks like there's going to be some type of problem with food because if corn is still doing this, look at this on the weekly. Let's just see if we can do this weekly cuz we're banging up against the 382 right here. This is where you got to be selling corn at an ABCD and you know the high has been what? Uh [groaning] 49. We're trading at 43. This is bearish folks. [music] This is bearish. It's a 382 on the weekly 877-9276648. [music] Many trading newsletters attempt to focus on a narrow set of equities or commodities. While this works for [music] some, it often times misses many opportunities that possess huge gain potential. But how is an independent trader supposed to scan the entire market [music] looking for these hidden opportunities? One simple answer, the opening call newsletter. Basil Chapman, developer of the Chapman wave trading methodology, has been trading the markets for longer [music] than most trading influencers have been alive. And over that time, he has honed his methodology in [music] order to accurately call movements in a wide range of equities from semiconductors to uranium to key indices and so much more. Basil is old school, taking the time to educate the trader while also giving his insights [music] into key indices, selective stocks, and more. Opening call subscribers also receive access to dozens of educational live streams that [music] 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. >> 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 and trained over 1,000 traders with his unmatched expertise. [music] Introducing Fibonacci 247, Larry Pesnto's daily trading service that [music] turns the complexity of markets into opportunities. Published every Sunday, receive a comprehensive report packed with detailed commentary, [music] charts, and videos that illuminate the patterns shaping the markets with updates throughout the week exclusively for subscribers. 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I mean, I'm sure the little ones like uh Bitcoin and some other might have been bigger, but of the major stocks, no one even can compare to this, folks, because one share at $17 today with all the splits is worth $187,000 for each share, shut the front door, and raise the rent. Okay, let's get that out of the way. And what else we looking at here? Something else here. Oh, we Tesla. Hold on one second. We got Tesla. We got a few stocks to cover here that folks have asked me about. Tomorrow's my physical day, folks. I go in for my tests. Uh, as you get old, you get to do this twice or three times a year where they test all your physical capabilities like your eyesight, coordination, and stuff. And they want to see if I can still do a back flip and stuff like that, which of course I can. And I'll get up here. And uh, hold on one second. We got this up here. Tesla starts with a T. There's Tesla right here. Should be up. Everything else is up today. Yeah. Well, it's doing very little. Here's Tesla is up a little bit, but not very much in the middle of the range. Not very exciting at all. Another one we had to ask about was Nvidia. We'll get up here. That's got to be strong cuz that's the most expensive stock. I think it's a $4 trillion number, isn't it? Nvidia starts with an N. There it is. The last of the ends. And we should be up on that one today. Uh where we at? No, it's not very much. Let's look at Nvidia. Here's where we are right here. Well, Nvidia is at a 382. Shut the front door and raise it. We should sell that one just for kicks and giggles. There it is right there. You can sell it at the 382 right there. 218. I'm going to write that down on a piece of paper cuz it's got all the uh all the news that you can get. But it ain't going up. That's a good sign. Anyway, it's up a little bit, but uh it still looks bearish to me on a 32. Okay, let's get over here out of the way here. One other one that people have asked me about here. And hold on one second, folks. Is uh Palunteer, the guy uh was on today. Wow. [snorts] His name is uh Oh dear, I forgot it already. Uh [clears throat] he one of the founders of Palunteer. John knows his name. And see, Palanteer is still way up in the air here. It's been a really strong stock. John recommended it right in here somewhere around $38 as we recommended. He got out of $160 or something like that. And here's where we are at 170 and it's still very strong. We had the big run here uh at the bottom here. Bottomed in June and uh nobody wanted it here. Everybody wanted it there and of course there it is. And we've had a big rally up in here. Went up another 70 or 80%. This is a company that's real heavily into uh government stuff, folks. The pullback that we had here just recently was almost 382. So, still looks very very strong. I I only do uh futures, folks. We've been asked to take a look at sugar. Sugar the sweet. Hold on. We'll get that here. That says SB here somewhere here. Sugar is right Oh, don't want that one. Hold on. Sugar is right there. And we'll see what it's way up. It backed off a bit. Well, it's back up again. Son of a gun. Look at this. This is a world sugar. This is March of 2027. And uh [clears throat] we had a heck of a run here. Boy, it's still still up in this area. Wow. This is a big move in sugar. Wow. [laughter] Sugar used to sell for 6 cents. Now it's at 18 cents. And uh you can see there's where we are. Let's look at this on the long-term weekly. There it is right here. I think sugar's got as high as 60 cents back uh many many years ago. Now this is where I met Sim only right here. It's 2016 folks. Sai is one of he he handled more crops than anybody for >> [snorts] >> uh can't go dang it. Not Farm Bureau. That is Farm Bureau. That's part of All State Street. Anyway, you can see this level right here. It was trading at 24. Okay. And uh one of my friends said, "You got to study with Larry." And we got along pretty good. But he was so bullish right here. And I said, "God, you got to get out of this. I mean, this is a you don't see all the data cuz it went back. This was a 618 on the long-term weekly. You can see the ABCDs that were in here." And I said, "Look," I said, "If you see a trade at 25, I'm wrong." And he says, "Oh, that'll be easy." And I said, "Well, get out of it now. And if you see a trade at 25, so okay." Well, then it went down and got he said, "Wow, that's really great." And then it went back up and it went went from 25 all the way down here to 9 cents, folks. So, just because you think they're going to go somewhere, that's it. But here's where we are now. And you can see we've had a big run here after this bottom. All we're doing now, folks, and sugar, I haven't traded sugar in 60 years, and I'm not going to start now, but let's just look at the numbers. There's your high. Look at this. Now, why can't you just sell it right here? Look at this. This is a sale in sugar. Sugar the sweet. It's it's a sale. Look, these these moves are equal. Just like Andrew Low says in the book. Look at that. That move here from there to there is equal to that. See, I mean that that's that's mother god and country stuff, isn't it? And I think we had a big ABCD here on the downside. There's a AB equal CD to the downside. See, it's stuff not too bad. How about on the upside? Let's just see if that worked. There's your AB. There's your CD. Huh. I'll be done. Maybe I should trade sugar again. Anyway, uh Okay, that's it. Get out of the way. Hold on one second. And uh we have a request about uh hold on another commodity. And well, we're getting into the the coffee. There's coffee as KC as I recall. Boy, that's okay. Here's coffee on the daily. Let's get that up and see where we are. Coffee's been coming down here pretty good. So, we're going to see where we are here with coffee. [clears throat] And uh see, we've already came through. There's the AB. Well, let's let's draw it correctly cuz it's not drawn correctly from maybe the There's we go right here. This is the number we go to this level right here. There's AB equals CD. Should have been right about here. We went through that. It didn't even like it didn't even exist. This is one of those where you buy it and you lose. That's nothing else you can do. And we're still going lower. There's very little here that tells us that we're going to stop at anywhere. Uh if we look at this on a weekly, let's just double check. Jumping around here. Well, [snorts] there's where we are. We're coming down here. All right. We're probably coming down to the 786 on this, folks. Is what it looks like. Yeah, this probably where we're heading is maybe Well, didn't go. It didn't stop at 50%. It didn't stop at 61. It probably is not going to stop at 786. Let me correct these uh uh [clears throat] that these things change so I can see the actual numbers. They they change on you. So anyway, there's nothing to do here at uh at all. Now, we got a um break coming up here in just a little bit and uh we'll see what else we've got going. And uh well, one thing you want to know for sure, folks, this is uh very well my opinion again. Let's just get this back up here because if we get back to that Dow Jones right here now, and we have just a little 3 to 5 day rally here and then go below this, then look out. Then we're going to be we're going to be heading down to fill some of these other gaps that are in here. That's a big one that we've got to fill. But right now, it's done everything it should to hold that level to the exact number, folks. Just over there, you can see it. 382. All right, we'll be right back. Stay tuned. [music] If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. 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That's tfn.com and hit watch tiger TV. [music] Okay, folks. One of our listeners was kind enough to tell us that old cowboy ought to take a look at part of the soybeans that we haven't talked about. We talked about the oil. We didn't talk about the meal. And the meal is al fuego. They're running out of anchovies. That's the problem. You can see there's where you are. Look at the soybean meal. There's the reasoning right there. There's 90% protein in this stuff, folks. This is tofu and stuff like that. All right. Uh that's the big deal on this. Okay. Anyway, this is still going higher. We look at this on the long-term weekly. I think we're breaking through everything on that. Uh oh my goodness. Look, we're almost back to where we were back in 74. We're already uh we're above the 786 in that right now. So, that's still straight up. Let's look at this on an hourly to see if there were any chances. Well, there had to be some chances for 382s in here somewhere. Uh there's nothing right there, but uh I don't want to miss any time, but this Well, there had to be because there were so many of them. There's one right here. I can tell you that right there. There's a 382 right there. That took a day to fill and then boom, away we went here. I haven't looked at some of these back in here. But this is strong, folks. Uh beans don't look as strong. Oil doesn't look that strong, but meal is what it is, and that's it. used to be that soybean meal uh was was competitive with fish meal which is the basically the anchovies but uh that doesn't work that same way anymore because of the fact that uh the chickens don't want to taste like fish like they used to back when we were a kid certain fish not all but the [snorts] for first certain chickens not certain fish okay anyway that's what we're looking the main thing folks the Dow Jones okay going below that low we made yesterday very very bad. Other than that, think think long because we're probably going to rally for at least 3 to five more days and then we're going to find out what it is. I don't expect any more than 3 to 5 days. But again, that's my opinion and opinions are like armpit. Everybody has one and it usually smells. So live every day, folks, in an attitude of gratitude and may God bless. [music] >> [music]