 Let's get over to our mammoth to Steve Rhodes as we do each and every Monday at 20 past the hour. Don't forget, folks, Steve's has an outstanding show here every trading day as well as an outstanding newsletter, Mastering Probability. Now it's very easy to get Steve's newsletter, folks. Come over to our website at TFNN, you're going to hit newsletters, you're going to see it right on the right hand side, Mastering Probability. You can get Mastering Probability for one month for $149. You get it for six months for $695, which is the savings of $199.22 percent, and you get it for one full year for $1195, which is the savings of $593.33 percent. Now they all come with a 30-day money-back guarantee. We have the target dollar sale going on. When you get Steve's newsletter, folks, okay, you're going to get all the tools that he also works with each and every day. It's an amazing newsletter. You got a huge amount of tools. You're going to have a field day. Steve Rhodes, what's going on? Great ball night in Miami. That's what's going on. Yes, that's a fact. And we've got really great weather. It really cooled down here. I've got to imagine it's same up there. That's why, yes, it's beautiful out. It's... Why do you live in Florida? That's right. That's right, man. No doubt. It's clear. There's no humidity, folks, and it's like, you know, 65. We'll take it. We'll take it. Exactly, exactly. So looking forward to that, there's two football games going on at the same time tonight. And my eyes will be glued to the Miami game. So hopefully, you know, they're playing against the Titans. Titans have a losing record at this stage here. So hopefully the Dolphins are able to come through. I think the Dolphins, they're one of the top teams that have played Monday night football teams. But I think most of those Monday night games were older, you know, years ago versus in the last five years or so. Oh, I mean, remember, I mean, the Dolphins, yeah, people lived and died. They still do. But that, you know, there's no doubt that brand is huge, man. Absolutely huge, yeah. So I thought we'd start, we really kind of focus in on the Dow today. OK. And I thought what we'd do here is just start with a blank chart. So that's what we've got up on our screen here. Now, this is a monthly timeframe chart. So what we're going to be looking at is going to give us maybe a bigger overview of what the Dow is trying to do out here. So let's start by adding a few decorations to this blank chart. And the first decoration that we're going to add is horizontal trading ranges. So Bud Rolfe's, you know, who, as you know, was doing the show here. How long, how long was he doing the show for TFNN? He did a show at least 10 years. Yeah. And he introduced, he introduced the primary trading range, primary trading range, which he did a lot visually. And what he was doing there, folks, was he was looking for the largest number of co-located opens or closes. So we're just looking at the opener close of a bar. And in fact, if you take a look at this chart here, Tom, this shows us on a monthly basis, the largest congestion of opens and closes all the way down to 10,564. There were 50 of them. Wow. So what I did was I automated this tool to identify within a small range, the number of opens and closes, because that really sets up the horizontal trading range or the primary trading range. On a monthly basis, the second most number is actually up at the 17,884 level. So that's quite a wide trading range. So my tool allows us to go ahead and put midpoint lines, which are those little dashed ones that are in there. They're still just as important. Yes. And so here what this is telling us, now this is a monthly timeframe, folks, and we can see that the key level that price is trading into right now, a horizontal trading range at 36,185. So that's going to be really important to come the end of the month. The price close above it, it's going to bring the 39,846 level to play. These are diagonal lines. So these lines here come all the way back to the 2009 timeframe and they give us another price channel. So when I first do here, Tom, as I established the first price channel by looking at the lows and I'm connecting here, I'm also connecting the largest number of opens and close bodies that I can find. And I do the same thing at the top. So the red horizontal lines are equal in distance apart. And the same thing for these rising price channels out here. So this tells us that a close above the 39,846 area or a close above 36,185. We might get beyond 39,846. Now it's a monthly timeframe. This is not happening tomorrow, but it's good to understand what the bigger picture is. We've gotten a digital rising price channel. So that's the blue diagonal lines that I pushed in here. And what we can see here is that these diagonal lines were established. Now this is the green ones I use the actual bodies of the candle and the blue ones I went ahead with a trend line. I'm using the low of the actual bars out there. And so here I've tied in the 2020 low to the lows here in the looks like the October timeframe of 2022 out there. But what we can see is that price pulled back in October, November, this year and found support at that rising price channel. So that's a bullish signal out there. But before we get all giddy, what we're going to do is add one more set of price channel lines. And that's a falling, a slightly falling price channel. What we can see right now is prices really up against the key resistance level. So we want to go ahead and keep an eye on that. If price takes that out, that's more of a clue that were likely headed up towards that 39, 8, 46 level. Here's the full Dow chart with its channel lines that way folks are watching us on Tiger TV. They can, you know, stop the frame, take a snapshot and then they'll have these horizontal trading ranges and they can go ahead and add this to their chart out there. So here's that's the full plethora of lines. So speaking of resistance, the daily, now we've switched over here to daily, to daily Dow charts really. And I've got the Dow chart. I've got the cash index. That's on the far left. Next to that is the equity future contract. Next to that is the Dow diamonds. And then there's actually an equal weighted ETF for the Dow, which is important to take a look at is called EDOW. So this helps us understand what I can show, what I can share with you here is we see blue diagonal or blue horizontal lines for the Dow Jones cash index, the equity future contract and Dow diamond. Those are representing TD nine count tops, which are likely to get negated today. And that tells us about a strong upward momentum move. So if the cash index close above 36292, it'll negate that pattern and future contract 36703 and the Dow diamonds 36355. So negating that topping pattern then tells us we really don't have a top. Well, sort of, because what we also have out here in a couple of the, in a couple of the instruments, the Dow equity future contract has wave number seven. That's a very small portion of the Chapman wave and the EDOW has that as well. Now, the only ways those get confirmed is when we get a lower high out there. So as long as highs continue out here each and every day, that will that pattern will just continue to move along. But if we get a lower high, then at least two of those instruments will have that topping signal from 126 year perspective, the Dow enters its final year and bullish cycle this Thursday. And it runs up through the end of the year really runs up to this red arrow here, Tom. OK, first week of January. So this is what is done over a 126 year period of time. Wow. So maybe that, you know, and we don't necessarily use these right to the day. Yes. This tells us what's transpired over 126 year period of 2024 is a presidential cycle year. So I'll leave people with this. Maybe I'll finish doing this tomorrow during tomorrow's show out here. This also shows us moving higher into the early part of January. But look what happens after that. This is basically 31 years worth of those presidential cycle years. OK, this shows us perhaps going down into the mid June timeframe. We ride him cowboy. It looks like we ride him cowboy into the new year, Steve. That's it. That's what I'm thinking. I was telling you it's something else, isn't it? It's just a grind to grind to grind, man. That's amazing. Listen, man, you have a great one. Safe one. Appreciate the education. Look for the show tomorrow, Steve. Thanks, Tom. Thank you. Stay right there, folks. We'll come right back.