 The following is a presentation of TFNN The Traders Edge with Steve Rhodes Toll free at 1-877-927-6648 or internationally at 727-873-7618 The Traders Edge now Steve Rhodes Good morning folks. Welcome to the to the March 26th, the terrific Tuesday edition of today's Traders Edge show. I'm your host Steve Perseverance Rhodes who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. Hey, let's make sure we have an extraordinary one. Now the easiest way to do that is to always remember that life is happening for us. Not to us. That's right. When you and I make that one little two by four shift, it means we can find the gift and every set of circumstance that life is going to toss at us. Now today you and I we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning. I want you to know I'm absolutely grateful for your presence here, but more important than that. That's this during this next 53 minutes. I am here to serve you. So feel free to pick up that phone. Would love to hear from you at 877-927-6648. Now if you've got a question, but you can't go in, we've got you covered. You can send me an email. Send that off to Steve at TFN.com. Inside that subject, please put radio show question. Of course, if you're inside our tiger's tent, well then any and every ping will do. So let's go ahead and get this show started on terrific Tuesday. Of course, this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to the show. We got a sea of green out there. All of the US indices that we track trading the upside, all the sectors with the exception of the utilities and the energy sector. Energy sector completing the TD nine count top yesterday. So that pullback is anticipated and expected. You've got the Adalap 104, S&P's up 14, NASDAQ 56 to the upside, Russell's up 7, Summizer up 7, Trendy's up 41, New York Stock Exchange up 37. You've got gold up three bucks now. Silver's down 19 cents, like Recruit is down 18 pennies. Natural gas is flat 30. Treasury pretty much flat. The US dollar index is trading up two pennies as we speak right now. Let's try to figure out what all this means out here. Let's go take a look at those daily equity future contracts. I believe there is some new information for me to report to you. And that's coming from the Russell 2000. The Russell 2000 has formed a new daily profile. That new daily profile is below price. Holy schnikes. So that's a bullish sign out there. Even though that's a bullish sign, look, there's still a TD nine count top. You could see another trend line that is formed out there. So what's the deal here? I'd have to go with neutral prices trade above the resistance of the top of that daily profile. That's a bullish condition. We've got the top. So the Russell 2000 is in a neutral position. That is not the case for the ESMini, the NQ or the Dow. Both of the, all three of those have rose meant to indicator tops. You can see the rising trend line areas where price could fall back to or could find some support out there. So that's what we have going on on the daily timeframe. What else do we want to do? Let's go take a look at, let's go see what's going on under the hood. Let's take a look at some intraday trading out here. And for that, we're going to go ahead and change screens. We'll begin, looks like with the ESMini. So we'll do the ESMini, the NQ. I'll give me a moment here, if you would. Yeah, let's do this here intraday and then we'll come back to Garo. So if we take a look at the ESMini, what we can see here, price is trading a daily timeframe. Price is trading above the top of its daily profile, 52, 57. That would be a support level on a further move lower. Price has run into resistance. That's at that green oscillator and change line, 53.02 basically. If you didn't see a close above that, that would suggest that price wants to get back to test that rose meant to indicator top, that bearish shooting star. If we take a look at the five hour timeframe chart, I believe when I was on the air with Tom yesterday, we left off with watch the five hour timeframe chart because it was forming or completing a TD9 count. And we expected to anticipate it to bounce right up into that oscillator and change line, which it did this morning. It did that during the nine o'clock session as price got up to 5,350. The oscillator and change line right now is putting up at 5,300.81. That says that we now know to the downside, the key level to watch out here. That's going to be 52, 72, 50. If price closes below that, that tells us we had lower out there. So I'd say the five hour timeframe chart is the best one to watch at this moment. Now if you're looking for the play by play, what's going on on a shorter term timeframe, we can see the 30 minute timeframe chart took price right back to its breakout level. That was at 5,284.75. So that was a key level of support that held. Now the 30 minute timeframe chart has resistance, two resistance levels really. One is the oscillator and change line currently printed 5,293, but 5,294 is the top of that profile. Price moves up, I expect the oscillator and change line to get to that area as well. So 5,294 is going to be your resistance on the ES mini. So that's what I would be watching for. Now let's go over to Garo and from Newport Beach, California. Garo, thanks for calling. Thanks for holding. How are you doing today? I'm doing very well. How about you, Sher? Excellent. Thanks so much for asking. Feeling a little old today. My oldest grandchild turned 16 today. So kind of a, yeah. So got a new driver on the road. So it's a great day. Great day. Good celebration day. Thanks for asking. Mr. Steve, I have a question from you regarding VST. It is an oil company and I've gone long on $60 about a couple of weeks ago on a daily chart when the first dot hit and the dot went down around $60 and I got out of it at 68 about three days ago on a weekly chart. The weekly chart is even better than the daily chart. I don't have no place for any resistance to see that where this is going to stop and somehow this is going to go down and correct itself. I can't find any resistance up there unless if you have something in your charting system, Sher, please guide me. Sure. You bet. So, Garo, excellent read there. Both you and I do not have any kind of a resistance or topping level on a daily or weekly timeframe. And you're right. I would say if you had called and asked me, hey, on a weekly or monthly timeframe, where's price set it to? And I have to say it's set it north because what happened was on the last week, price negated a TD9 count top, which was from two weeks ago. So, it is certainly bullish on the weekly and the monthly timeframe. Absolutely. Now, the fact that you got out, I think you said yesterday or within the last couple of days out there, that's really supported. Yeah. So, let me show you, Garo, that's actually supported by what I see on the daily timeframe chart. So, I'm going to switch over from your charts that I use out there to my white background charts. And what you'll see here is that today is going to form a TD9 count top. Now, that TD9 count top may just result in a pullback to the first level of support. That would be the oscillator and change line. And that's around 68-63. If I open up the daily chart, which I'm going to do so that that's all that we're looking at, we can see how for the most part, this oscillator and change line is acted as support with the exception of one, one section, one session, maybe two, two sessions. We'll take that back all the way to January of this year, January 25th of this year. So, that green and oscillator and change line is going to be a key level for you to watch and observe with regard to price behavior, at least from my standpoint. Now, Garo, we're about to go to a breakout here. I'd ask you to hold on if you'd like to. And then I'll investigate this even further, take a look at it in the interday, see if there's anything else that I've got out here in my arsenal of tools. Steve Rhodes with TFN, I'm with Garo in Newport Beach, California, we'll be right 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 TFNN.com, TFNN Educating Investors. Many trading newsletters attempt to focus on a narrow set of equities or commodities. While this works for some, it oftentimes misses many opportunities that possess huge gain potential. But how is an independent trader supposed to scan the entire market 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 than most trading influencers have been alive. And over that time, he has honed his methodology in 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 into key indices, selective stocks and more. Opening call subscribers also receive access to dozens of Basil's educational livestreams that can be accessed at any time for your edification. All first-time subscribers receive a 30-day money-back guarantee. So ignore the pop trading influencers and start learning time-tested technical analysis. Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing it number two for the year, an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter Mastering Probability is delivered every trading day with updates throughout the afternoon. Sign up for Steve's Market Newsletter Mastering Probability and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN Educating Investors TFNN has launched the Tiger's Den, hosted at Discord. TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. The Tiger's Den, available to all Tigers and Tigresses for just one dollar for the year. There's no cash or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com toll free at 1-877-927-6648 internationally at 727-873-7618. Charts here for Vistracorp VST as a ticker symbol. We're doing this with Garwin, California, and so what we identified before we went to that break girl was that on the daily timeframe chart, a TD9 count top is going to form today. It'll complete that pattern tomorrow, meaning you could have a higher high tomorrow. That suggests that we should start to get retracements back to support. On a daily timeframe, folks, when we get a topping pattern, what I like to see on intraday charts, it doesn't have to be all of them, but on intraday charts, I like to see topping patterns that confirm that. So the first intraday chart that I would use for a stock and indice would be the 195-minute timeframe. That's because there are 295-minute bars in a trading session. Well, here what we can see is that girl, this formed a TD9 count top. It's in the process. It's all formed a rogement indicator top to and right now prices beginning to trade below the first level of sport, which is Yasseter and Changeline. That's at 70-37. This candle will close at 1245. If at 1245 prices below that Yasseter and Changeline, its target to the downside would be 6212. Not saying that it'll get there, but at least you know for the 195-minute timeframe, 6212 would be its number. Turns out on the 130-minute timeframe, there's 330-minute bars. It has also formed a rogement indicator top. Prices trading below that Yasseter and Changeline, that tells us green. It tells us its lost momentum. And so its price targets would be 6744, 6624, or 6564. So we got 6212 in those three levels on a 65-minute timeframe. Another intraday time period that I would use 65 divides into a 390-minute a day evenly. So we have all 65-minute bars out there. This has a TD9 count top. Now, this suggests that we should see, because prices trading below its profile, this suggests we should see price get back to 6822. If we take a look at that daily timeframe chart again, it shows Yasseter and Changeline at 6864. So we're going with 6864 is to 6822. If price close below 6822, that's going to take out the support level on the 30-minute timeframe and 6352 would be the next area. So it's kind of the progressions. But what I love, Garo, is your instincts or whatever it was that got you out of that trade yesterday, you're a great trader. You know that? No, no, I'm not, I'm not as good as you are. Today I shorted it at 7128. And I'm waiting on a 30-minute chart. It gave me the first start up. And I'm waiting to come to the 50-day moving average, which is about 6925. So I would get out at probably 6930-35. So I'm just waiting for that 50-day moving average. But whatever you say is completely makes sense to me. I wrote all the numbers down, but you're absolutely right. Absolutely. Thank you very much. And I'll call you in the next two, three days. That'd be great, Garo. And if we don't talk till next week, please have a happy holiday. And it's always good to hear your voice. And thanks so much for calling. That was Garo. That was Garo, Newport Beach, California out there. We've got a couple other requests that have come in. So let's go ahead and get to those and start on those. The first one is from S&P inside of the Tigers Den. Give me a moment here. Just get my charts back to kind of a normal spot. Here we go. So let's go take a look at CRISPR for S&P. If you give me a moment, we'll get over to that chart here. CRSP is the ticker symbol. So what do we see when we take a look at these charts here? We can see that price is back testing its TD9 count bottom, which is down at the level. It was a trading day of March 14th. That low is 71.13. If you were to see a close below that level, this is going to suggest a price move lower. 62.46 would be the price target. But this stage here, you've got to consolidate within its profile. That would suggest we're trading up yesterday's high. S&P, that's a good signal that we should make a move up towards that resistance zone, 73.95 to 74.85. That's what the daily timeframe chart is telling us. The weekly timeframe chart is saying that if we do close below that TD9 count bottom, again, that level being 71.13, we're likely to make a move to 62.84. 62.84 is the bottom of the weekly profile. In the case of the monthly timeframe chart, it looked like last month was signaling a monthly profile change in trend. But you've got to have two bars above resistance. And right now, we're back inside that profile. That consults just a consolidation between 43.74 and 77.35 where they're about. So I would say with regard to CRISPR, expect or anticipate a rally. Most likely it should last at least a couple of days, 73.95 to 74.85 being the price target out there. Hope that helps you out with regard to CRISPR. S&P also want to take a look at ticker symbol BEAM out here. So let's pull up the beam charts. And what do we see here? We see that price right now. Yesterday it closed below, really two days ago, closed below the bottom of its profile. Yesterday the same. Today, doing the same. It looks to me like BEAM Therapeutics is headed down to the 3068 level. That's its daily TD9 count breakout level. We also have on a weekly timeframe supported about 31.45. So I would say the price target to the downside is between 30.68 and 31.45 out there. If price were to close below 3068, then the price target level would be 26.39. Is there anything else that I've got here? The answer is nothing else that I see with regard to BEAM. So S&P, I hope that information provided you with what you were looking for. And as always, thanks so much for your request. John C, inside the Tiger's Den, would like to take a look at Nike. We take a look at holy schnikes out there. It did form a wave number seven bottom. You got to love that when it gapped down back on March 22nd. Such as just watch that low because that is a bottom signal out there. Like that's the only bottom pattern that I see on the daily timeframe. Let me just open up this chart just a tad. The question is, has this formed an A to B equal CD to the downside? So let's look at the weekly chart and try to answer that. So the B point out here, the only way to get an A to B equal CD, and I'm going to actually do this on my other charts, I just want to make sure that on Nike, what I would use as the B and C points out here are going to create at least a 0.382 retracement of that B to C leg. So I've just give me a moment here. I'm just monitoring that on my other charts. Just put it into that panel and oh, that didn't work. Nice, nice. Good thing you didn't see me there, folks, because you would say, what the heck is that guy doing? Don't worry, I already said it. So now I'm just, and I know you can't see it, 34%. So that's close enough. So now let's take a look at, well, let me do this here. So the volume, what I'm using for my B point is actually letter B here, part of the Chapman wave tool, not the same, but it is a low from the week of February 9th out there. That low is at 99.05. It retraces a one week retracement up into a high that forms on the following week. That's at 107.43. So now what we also know is price is pulling back into a swing point out here. It's a swing point that has volume of 75 million shares. Last week, price closed in it with 80 million shares. So when you close inside a swing point with volume odds favor, price will get, you're not seeing it? Yeah, you're seeing it. Price will get down and test that low out there. That low is 88.66. Below that low is a breakout level at 86.24. Now, that's also a larger A to B equal CD. Let's switch over to my black background charts and let's go take a look at those patterns out there. So I can give John the accurate information. So you should see the black background charts. I'm going to open up the weekly chart. Just cuts out a lot of the noise. So here on the weekly timeframe, and again, the B point, I think we covered that 42 million shares and it was passed with 46 million shares. So it's been passed. Okay. So the one-to-one price projection gets us back to the lows out here from 2022. So that's where I believe that it is headed to because you've got a confirmed A to B equal CD. 83.09 is the price target on that, but I'd have to say it's the lows from October of 2022. And that's down around the 82.22 level. She rode with TFNM. We'll be right back. The South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report. New subscribers get a 30-day money back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com. 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 and 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 p.m. Eastern. For free, each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN Educating Investors. Are you ready to take charge of your financial future? TFNN is your gateway to the world of trading and investing. Whether you're starting out or scaling up, TFNN empowers traders and investors of all skill levels with top-notch investing systems, strategies, and techniques. It's time to protect and grow your money with insight you can trust. Join us live Monday through Friday during market hours for exclusive content that moves with the markets. At TFNN, we bring the trading floor to you. Our season hosts are here to answer your calls and questions live on the air. Check out the Tiger's Den for just one dollar and follow us on YouTube and become part of our vibrant community. And remember, at TFNN, we're so confident in the value we provide that we offer a 30-day money-back guarantee on all new premium newsletter subscriptions and services. You have absolutely nothing to risk. So why wait? Tune in live to Tiger TV and transform your trading journey. Because when you know better, you invest better. Join us and experience the difference today. TFNN, educating investors. This portion of the trader's edge is brought to you by Direction's daily leveraged and inverse ETFs. Whether you're a bull or a bear, you choose the direction. 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, risk, charges and expenses contained in the prospectus available at Direction.com. Read carefully. Distributor, foresight, fund services, LLC. The last thing on the charts here for Nike, John, we can see that price is trading below all profile levels. And on a monthly timeframe, price is trading into its swing point. That swing point takes us back to the period of October of 2022. We were taking a look at that just as we were going into the break. Now, that swing point on a monthly basis did 200 million shares, and right now today we have done 198 million. So it looks to me like it's got the volume that's suggesting and just confirming that Tesla, that Nike, should get down into those lows out there. So I hope that helps you out. And as always, thank you for your request. Snowball inside the Tiger's Den wants to take a look at PAPS Blue Ribbon. PBR is a ticker symbol. So let's get back to our white background charts and go see what that is doing. Actually, PBR, I think I've only had one of those in my life. The first one was enough for Stevie out there, but this is a petrobrass. So we take a look at PBR out here. It's got a beautiful Roseman Dominicator bottom. It generated that pattern out here, Snowball on the trading day of March the 18th. It was at Buller-Shamber candle that confirmed that pattern. Two days later, you got a new profile that formed. And what price is doing right now, it's consolidated with inside that support and resistance level. That's between 1442 and 1506. Come on, folks. You've got to admit out here. You don't have to admit anything. But you've got to admit, I say that again, that these profiles provide us with extraordinary information. I'm pretty sure I could take all of my tools out there and couldn't figure out why 1506 would be a resistance area. But those profiles, look at that price yesterday. Didn't get up to 1506. No, it didn't. It missed it by how much? It got up to a high of 1505. Really? Come on, give me a break. It's a beautiful thing. And you and I, we use these to our advantage out there. So right now, you've got a bottom with the consolidation with inside of profiles. That's the daily timeframe. The monthly timeframe says be careful because I'm trading below the profile levels. I'm trading below my Oceter and change line out there. The one little glimmer of hope out here is that we did at least take out last week's side. We got above it. We're back inside that candle. Closing above it would be a better thing. But it's only Tuesday on a short trading week, which by the way, tomorrow morning, folks, I'm going to need to record the show between eight and nine. So if you would like to listen in live, would love to have you there. I'll try to make that show as pertinent as I can. As always, 4, 11, 12 Thursday, we'll be back to the normal program. And of course, Friday, we're off for a good Friday out there. If you take a look at PBR, Petrobras on a monthly timeframe, it's got a TD nine count top and it's trading below that green Oceter and change line right now snowball. If it remains below 15, 13, that suggests a further retracement is likely. So if a further retracement is likey, what you would see would be a close below that rogement indicator bottom. And that's going to be your critical low at $14.21. So you got a bottom on the daily consolidation, weekly and monthly, say be careful, but you're only going to be careful if you get a close below that low from March the 18th. So snowball, hope that provided you with the information you were looking for. Let's go on to Jimmy D inside the Tiger's Den. Jimmy would like to take like a ticker symbol, FL. That's in honor of Florida. It is a great state. And then I tell you, Florida looks like or FL, which is footlocker looks like it wants to head higher. Why? Well, we're trading about profile. We're trading about yesterday's high. That's a beautiful thing. So this suggests we want to move higher, the daily timeframe. But the good news is, folks, is that when you and I analyze a chart, we don't just look at the daily timeframe. We want to understand what's going on up top. Well, we take a look at that weekly timeframe. Now we know why price stopped where it did. It's that Oceter and change on it, $27.18. What's the high that we've seen today out here? The high today, $27.19. So that's a second tool that you really should learn and understand. It works different than any moving average that's out there. And you get to see it in play real time out there. Now, if price is able to close above $27.18, the next resistance point will be $28.11. And $28.11 in footlocker is the make it or break it level. $28.11 is where if this is only a counter-trend move, that is where price would find resistance. And what I mean by that, you would not see a close above that. You can spike above it, but you would not get a close above it. So the real key level here as to whether or not footlocker has made a change in trend is going to be that $28.11 area out there. That's what I see when I take a look at footlocker. This is going to be day number seven of consecutive moves higher out there. Let's pull that chart out here. And so that's a strong bull market. That's suggesting that there is a change in trend just by being able to pull that off. Nonetheless, let's pay attention to the other technical tools out there. And I hope that provided you with the information you were looking for there, Jimmy. Let's do a twofer. Twofer says, let's go take a look at BYON. I believe that is beyond Stevie. I think that's that meat that I would never touch, not with a 10-foot pole. Not that I carry 10-foot poles around when I go to dinner, but you're not getting meat to eat that stuff. Now, if we take a look at beyond out here, what's it doing? Well, it looks bullish to Stevie. Why does it look bullish? Well, because it's going to take out a TD nine-count topping pattern. That TD nine-count top, that confirmed back here on the trading day of March the 6th. It was the high of the bar following bar number eight. That's overstock BYON. It still says beyond on my charts out there. So I thought that was beyond meat out there. Sorry about that. Well, I still not going to eat beyond meat. I don't care what ticker somebody put out there. Overstock, a whole different thing. So overstock on a daily timeframe is going to go ahead and take out, it looks like it's going to take out its TD nine-count top. It's going to trade above or close above resistance atop of its daily profile. It right now is trading above its green oscillator and change line. So beyond.com out here is in full out bullish mode on the daily timeframe. Now, what you'd really like to see quite frankly is you'd really like to see it don't, it doesn't do too much out there. Why? You're in bar number eight as we speak right now. If price spikes above, this is over the course of the next two weeks out here, it probably spikes above 3685. Well, odds would favor that you have a TD nine-count top. So we got to come back to that on a weekly basis. Right now it's only a caution sign out there. It becomes more of a caution sign. If price is able to tick above that high, that high out there is at 3542. Now, I don't have anything in my charts here, Jimmy, to suggest that it won't do that. Yeah. So it looks to me like that is a place where it's headed to the volume on that candle session on the weekly basis back on March 8th was about 5.8 million shares. So far you've done only less than a million shares, but it's early in the week and it's going to be a shortened trading week. But otherwise beyond, which I guess is over stock.com is looking very good out there. So Jimmy, I hope that helped you out with regard to those two instruments, FL Foot Locker and over stock.com, which we actually have friends that friends of friends that actually started that company. We ran into them at dinner in Palm Beach a few weeks back. In any event out here, let's take a look at the next request, which is for AQST. Did we do that? We didn't do that. So I think we got AQST, but where do I have that? Do I have that? We do. So now we take a look at AQST out here. AQST is trading out at 4.25. This is a therapeutics company out there. So we can see that price is trading below profile levels and formed an erosement indicator at the highs out here. That was back on March the 18th. So this is suggesting lower price. Now lower price to wear because it's below daily profiles, my eyes need to go focus on the weekly timeframe chart. And on a weekly timeframe chart, 3.93 is the number. So you want to watch that like price closed below 3.93, then it opens up a move back to the 2.63 or 2.75 level out there. And that's for ticker symbol AQST. Steve Rhodes with TFNM. We'll be right back. If you spend any 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 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 Keckstatt's The Tiger Forex Report off the riffraff. Every Monday, former Chicago mercantile exchange member and author Teddy Keckstatt releases his Tiger Forex Report newsletter where he dives into the complex world of forex and takes time to actually teach you his methods that have made him so successful in the fast paced and rewarding world of forex trading. Furthermore, all subscribers receive access to archived live streams of Teddy's where he provides university level education to help you in forex trading. All first time subscribers receive a 30 day money back guarantee. So what are you waiting for? Forex awaits. In the world of trading, only a few names stand out like Larry Pesavento, a pros pro with over 50 years of experience. Larry has seen it all. A former Chicago mercantile exchange member, Larry has authored 10 books and trained over 1000 traders with his unmatched expertise. Introducing Fibonacci 24-7, Larry Pesavento's daily trading service that turns 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 with updates throughout the week, exclusively for subscribers. Whether through charts or videos, Larry's analysis is your road map to navigating the markets. You can sign up now at TFNN.com for just $97 and with all TFNN newsletters backed by a 30 day money back guarantee, you have nothing to risk. For all the details, visit TFNN.com. You'll find Fibonacci 24-7 right under the newsletters tab. For traders who crave risk, directions daily leveraged and inverse ETFs provide opportunities to magnify short-term perspectives with up to three times a daily leverage, utilize bull and bear funds from both sides of the trade and trade through rapidly changing markets. These are highly leveraged ETFs with daily resetting designed for short-term trading, not long-term investing. Whether you're a bull or a bear, you choose the direction. For up-to-date pricing and performance, go to 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, risk, charges, and expenses contained in the prospectus available at Direction.com. Read carefully. Distributor, Foreside Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Let's go to a question coming in from Mr. Z inside the Tiger Center. He sent it to me earlier this morning, and the question is, let me get back to it, is it possible, if not likely, gold price peaked on March 20th, that the high is at March 20th, is the end of the current rally phase, and now undergoes a consolidation pattern into the July first timeframe out there. So let's try to analyze that. Now, I've got charts out here for Gold and Silver. The very left-hand side is the yearly chart. So the very first thing we take a look at the yearly chart, just want to make notes, a continuous contract out here. But that level that I've got on it is 2183. And when you close above that or you trade above it, it's certainly very bullish to signal out there. We take a look at the monthly timeframe. On a monthly timeframe, we can see a cluster of highs out here. So it is very possible. So that adds the idea. You've got TD9 count tops, a rogment to indicator top out here on the weekly timeframe. So again, this is the continuous contract that we're looking now. Let's jump down into the June contract on a weekly timeframe. So on a weekly basis, what do we have out here? You could say we have, but you could draw in a consolidation pattern out there, although it'd be kind of tough. Here's what I would say with regard to the weekly timeframe. I don't see a topping pet. Let me pull this back even further. Yeah, no matter how I slice it, John, I can't come up. I don't believe I can because if you take a look at the A to B equals CD pattern out here, that's the A to B point. And I come back here and here's the C point. So you can see we haven't even made that. So let's just say, so this would add to John's idea. Oh, wait, am I on the wrong chart? I am. Okay, so my apology there. Let me do this. The reason I put up the US dollar index, so I've given you a little bit of the question. The question is, is it possible that gold is peaked and we're going to see a pullback in some type of consolidation or some kind of pattern? And my answer to that is, it's really possible that that is a outcome. Why? We still know that the US dollar and gold are directionally correlated. If you take a look at it over a three to five day period, it's indisputable with regard to its data. And as long as that condition remains, that we have to also understand what is the US dollar index communicating to us. And right now, if we take a look at that weekly timeframe chart, we can see that last week, price closed above that little descending trend line. And right now, all price has done is pulled back to test that level. So what is that level? That's a great question. We'll call it right around the 10380-ish area here. But at price, if the US dollar index closes above last week's high on Thursday out there, that's telling us that we should rally further. The rally further, John, would take us into about the 104.93 to 105.95 level. And if the US dollar index is going to move higher, well, that adds to the idea of gold pulling back. Now, let's get back to those white background charts that I spoke about that nobody was seeing out there. Sorry about that. But here you can see, here is the weekly timeframe chart. And so on the weekly timeframe chart, here, I'll just move that A to B line right there. So what I'm looking for is there any kind of a top? I don't see any kind of a topping signal as we speak. So that could add to the idea if the date, so really gets down to is the daily chart going to be the one that controls what activity we see? And for that, the answer could be yes. So here's where if we take a look at the peak that formed out here just a few days ago, John's saying, was that the high? Well, you still have a teeny night count pattern that is in play out here. So it's possible. Again, we have to take this one step at a time. So what's that next step? We've got the June contract up here. 2160-80 is the next step. If this is any kind of a significant high, that leads to some type of consolidation. In price closing below that for two consecutive sessions, you'd have a profile change in trend on the daily basis. That would open up a move to the 2050-53 level. That's on the daily timeframe. So we just simply have to, is it a top on a daily timeframe? Absolutely. I've been tuning that horn for probably about a week and a half and everybody's probably figuring that Stevie doesn't know what that he's drinking out there. It's a green juice. I can tell you that. So yeah, it's possible. Watch the US dollar index. I think that will help us to understand that the answer to that question. Let's get back to the other request as well. See if I can figure out where we left off. It should be for CLSK. There we go. So let's go take a look at CLSK. Make sure I've changed the screens. I changed screens, but we're not on it. So let's go change to the correct screen. Thank you, Stevie. That would, oh, that's weird. Here we go. Okay. So now we should be back to the screens at, let us help us understand what's going on with CLSK. And CLSK is drum roll Johnny. It is a clean spark ink and clean spark ink on a daily timeframe. I do not see any kind of a topping pattern out here. What I see is price trade above profile resistance. I see price trade above screen oscillator and change line. I see price trying to take out a swing point. The swing point was from February 27. They're 59 million shares. Yesterday, you traded up into it with 48 million shares. So far today, you are in with 17 million shares. So price is trying to, if it overtakes that, you've got an A to B equal CDT upside. On a weekly timeframe, we're trading about profile in a screen oscillator and change line. I don't see any kind of a top that's in place out here. In fact, a close above 2176 would be a weekly profile change in trend signal. The monthly chart for CLSK is both. It says over time, price wants to get back to the 3050 level. That's a TD 9 count breakdown resistance level. And that thing, as you can see, has held. So I would say that CLSK peak G continues to move higher. I don't see a top with regard to peak. So you could get a peak G top that forms over the course of the next couple of days out there. But right now it's just number six peak number F. Let's go take a look at XPEV. You're welcome. XPEV. This is for GT. Oh, we got to type that symbol in XPEV. See what is charged now. I recall we've looked at this chart several times. We can't pay attention to the daily gaps because this is a currency issue that we've got out here. I believe this is a China company. The daily timeframe still suggests move to 823. The weekly timeframe says, well, the only way you're going to get to 823 is to close below the bottom of my bullish structured profile. That's an 865 out there. The monthly chart is not really provided us with a ton of information. So if we see it close below that 865 area, or I'm sorry, 852. If you see it close below 852, we're headed to 823 out there. The next request comes in from Mr. Bill. I'd like to take a look at the New York Stock Exchange. The S&P is interested in what those assets and change lines look like. So let's pull open those charts for Mr. Bill. Let's get to those indices charts. Here, if we take a look at the you specifically were looking for the S&P 500. So I'll open up the chart here for the S&P 500 and here you can see that this does not actually have a top. There is no topping signal. It's a rogement to mitigator signal, but there is no confirming candle out there. Where is support? Well, support is all the way down to 47, 40, 57, because we're using the cash indices. But Mr. Bill, you and I would be paying more attention on a daily timeframe to the EAS many looking at its support levels to try to gauge where the S&P might head to. But right now the asset and change line up at 5242. You also want to look at the New York Stock Exchange. In the case of the New York Stock Exchange, what do we have here? We do not have any kind of, well I probably can find, probably can find a sell the D point pattern. Oops, let me get that, but let me give you your answers first. The asset and change line is up at 18180. Its level of support to the downside would be its breakout area and that's at 1760388. So Mr. Bill, was that the information that you were looking for for both the New York Stock Exchange and the S&P 500? If so, wonderful. If not, write back to me and I'll try to get that posted into the end for you as we go into the last breakout here. Steve Rhodes with TFNM. We'll be right back. Many trading newsletters attempt to focus on a narrow set of equities or commodities. While this works for some, it oftentimes misses many opportunities that possess huge gain potential. But how is an independent trader supposed to scan the entire market looking for these hidden opportunities? One simple answer, the opening call news letter. Basil Chapman, developer of the Chapman Wave trading methodology, has been trading the markets for longer than most trading influencers have been alive. And over that time, he has honed his methodology in 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 into key indices, selective stocks, and more. Opening call subscribers also receive access to dozens of Basil's educational live streams that can be accessed at any time for your edification. All first time 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 Pesavento, a pros pro with over 50 years of experience. Larry has seen it all. A former Chicago Mercantile exchange member, Larry has authored 10 books and trained over 1000 traders with his unmatched expertise. Introducing Fibonacci 24 7, Larry Pesavento's daily trading service that turns 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 with updates throughout the week exclusively for subscribers. Whether through charts or videos, Larry's analysis is your roadmap to navigating the markets. You can sign up now at TFNN.com for just $97 and with all TFNN newsletters backed by a 30 day money back guarantee, you have nothing to risk. For all the details, visit TFNN.com. You'll find Fibonacci 24 7 right under the newsletters tab. Are you ready to take charge of your financial future? TFNN is your gateway to the world of trading and investing. Whether you're starting out or scaling up, TFNN empowers traders and investors of all skill levels with top-notch investing systems, strategies and techniques. It's time to protect and grow your money with insight you can trust. Join us live Monday through Friday during market hours for exclusive content that moves with the markets. At TFNN, we bring the trading floor to you. Our seasoned hosts are here to answer your calls and questions live on the air. Check out the Tiger's Den for just $1 and follow us on YouTube and become part of our vibrant community. And remember at TFNN, we're so confident in the value we provide that we offer a 30 day money back guarantee on all new premium newsletter subscriptions and services. You have absolutely nothing to risk. So why wait? Tune in live to Tiger TV and transform your trading journey. Because when you know better, you invest better. Join us and experience the difference today. TFNN educating investors. Sorry about that, folks. I had the wrong screen up. I had Lightspeed crew to natural gas. This was the set of charts that we were looking at here for Goldilocks and then you got Silver down at the bottom. So you can take a snapshot of that. We can also go take a look at the chart that we take a look at with regard to Gold, Silver and the GDX. Now, I still have the April contracts out here for Gold. It doesn't change anything. It doesn't have a completed A to B equal CD to the upside. It does have the TD9 count top that's in place out there with regard to GDX. GDX had a nice couple of rallies out here, continues to find resistance up at that TD9 count top. That TD9 count top level is at the 30, 49 level. Price close above that. We're off to the races right now. Price has pulled back and has tested one level of sport, the top of its daily profile, the top of the profile for the GDX at 29.94. If you close below that, we likely see a move to 29.74 below that, the buy zone 28.72 to 29.13 would come into play. There was a request to see how Gold is traded and some of the other currencies out here. Let's first actually put up the Gold contract. This is the continuous contract that I've got up here. And you can see this has got Gold priced in Euros and British Pounds. We almost made a new all-time high today in Gold priced in British Pounds. Didn't get up there, but this is how that is trading. I also track how Gold is trading using the GLD in its currencies out here. So if we put up the GLD, as an example, that would be this set of charts. And here you can see that we actually did, the GLD made a new all-time high today in terms of Great British Pounds. It made a new all-time high today in terms of Australian dollars and in terms of Euros. That is the GLD that did that, that pulled that off. So I hope that provided you with the information that you were looking for. How do we end the show here? I'll tell you how we end it. I'm going to record tomorrow's show between 8 and 9. Would love to have you join me for tea and crumpets out there. But if you can't, know that that show will be replayed a lot. Well, we've played won't be live. It'll be Memorex and that'll be replayed between 11 and 12. And I'll do everything in my power to make that show pertinent. You know, if you've got some requests out there, you can go ahead and send those to me. Please make sure if you do, though, you're putting a radio show question inside that subject because I get so much junk mail, it would be easy for me to overlook your snide. Do not want to do that. Folks, have a terrific Tuesday. I'll look forward to seeing you for the early bird special on Wednesday morning. Take care. Be safe out there.