 a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618. Let's go to Ben and San Jose. Ben, what's going on, brother? Hey, Tom, how you doing, man? I'm doing great, man, yourself? I just wanted to thank you and your team and everything. I've been using your technique with the 10-minute charts, watching the VIX, and just making a fortune here on the futures. Isn't it interesting? That's awesome, man. It's wonderful. Thanks, Tom, I appreciate it. OK, man, have a great one. Have a safe one. Now, Tom O'Brien. Welcome, folks. Appreciate your growling and prowling with us out here. By the end of the week, I should be growling. To begin, a great relationship, know what you want. Know what the needs of your body are and what the needs of your mind are and what fits well with you. There are millions of men and women. Some of them will make a good match for you and others won't. The two of you only need to be like a key in a lock, a match that works. Mockin' wise out here, we have the downed industrials right now, downed 85. We get the Nasdaq off eight, S&P's off two. Gold, gold contract, trading down $10.90 at 19.34 an ounce. We have silver down 47 cents, $23.36 an ounce, light sweet crude, off 28 cents, trading $89.75 a barrel, notes and bonds, a 10-year note, down 16 ticks, trading $10.805, the 30 are full two points at $1.1429 and $Kingdala. $Kingdala's up $410 ticks, trading $105.993. Euro is at the price point of $105, yen is at $148 and the British pound is at $122 to $1 US dollar. Our phone number is 877-927-6648. Give us a call, folks. Want to know what's going on in your world and the world of the S&P's. Let's take a look at them. It's pretty cool here. So check this out, man. So you're down 20 cents right now. You've done 47 million shares. Now we hit 428.72 out here, okay? So if you track this as to what we've done out here, you're gonna see, yeah, it's right here. Let me get this line right across it. You're gonna see it was basically two, yeah, two days, maybe three days after the breakout. That's what we've done. Now the breakout that we're coming into is 91 million shares, folks, okay? We're only done with 47 million. We did 104 and 100 million on Thursday and Friday. So at this point, you do have a rejection of lower price. You have dramatically lighter volume and that says that we're gonna bounce, okay? That's on the S&P's. Now watch this. On the Q's, it's actually more bullish. Well, the Q's are much stronger than the S&P. So on the Q's, now this gets really intriguing because on the Q's, you have not even made it to the swing point. Now, what I've found is that if you're coming down to a swing point, and let's just look at it, okay? So today you get 30 million shares. The swing point has 63. On Thursday, we did 68. On Friday, we did 51. So the Q's have rejected lower price out here today and they haven't made the swing point. That is a positive indication, folks. So I'm not quite sure what this market was gonna make it bounce, but right now you don't have any sellers. Now, let's go to the note and bond market because there's no doubt the note and bond market as the dollar is pretty intense here. We take a look at the note and bond market. I'd say the note and bond market is more intense. Now, what this is doing, you can see this, we've only done 1.1 million contracts. You add a low, a low. And the contraction, however, is pretty dramatic. It's two point, you're going into 2.1 million contracts versus the 1.1. So you don't have a blow away here as we did last Thursday when we broke that whole consolidation. Well, Wednesday and Thursday broke the consolidation. That being said, the 10 year right now is at 4.532. The two year, check this out, the two years at 5.1, now let's do the 30 year. So USA gets me the 30 year. What has happened is that the 30 year, you can see this has been quite a move. I mean, we went down four points, four and a half points in three days. And the 30 year right now is at 4.65. So US won, I'm gonna take the 30 year and I'm gonna tie these future contracts together because we did this Friday. I just misplaced the number that it was. You have to go back 30 years now because what we're looking for is that we're looking for where the support was and those swing points were up. Okay, so we take a look at this. You can see that we absolutely blew away the swing points from last year. We're into the swings, yeah, 2007, 2008, 2009. And you're right into them. Now, there's a lot of support in here. It's gonna be pretty hard to break the 112 level. 112 to 114, you can see this here. I can put a couple of these lines on here. They're right next to each other because 112, 114. We'll see because if you do break them, then you're gonna do 104, which a 104 would probably turn into a 30 year of a five and a quarter, which would be pretty intense, man. Now, gold, we go into the gold market. Gold is also testing where it had strength with tremendously lighter volume. You don't have a rejection of lower price yet though. But we did with gold, the equities, some of the, a lot of the equities have a rejection, not the contract though. The contract is doing 1.5 million contracts. You're going into two million contracts. It hasn't reached the swing point yet. It hasn't reached the swing point of 2.2 million contracts where that low was established. But the bottom line, you still need a rejection of lower price. And then if we go over to the dollar, it's all about this dollar. Now, if you take a look at the dollar, the next two targets on the dollar go like this. Because you can see that you don't have a wide price for it in the dollar audience today. So if we take a look at the dollar, what you're gonna see is two different things. You're gonna see the total breakdown with the dollar broken down and the swing point. Now the breakdown, the number of the breakdown is 106, 381. That's 106, 281. So many times, you like to get a bounce up to that area. The next swing is the 107, 903. This area, that's what it's trying to get into right now. Now you can see the destruction on the dollar on the way down, what is this? This is a week, I don't know, that's last November. We had gone from 111 to 106 in a week, in a week, okay? And then if we take a look at the expansion contraction, you are just right now, you're just over the point 382 and the larger number is just over the point 50. Stay right there folks, come back when I'm at Mr. Steve Rhodes. Adding stock options to your portfolio can be a major game changer. But the full complexities of these instruments can oftentimes allude even the most experienced traders. 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If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. All now toll-free at 1-877-927-6648 internationally at 727-873-7618. Welcome back folks to the Dow. Dow investors right now down 10 to get the Nasdaq. I'm 20, S&Ps are up seven and a half. Let's get over to our mammoths to Steve Rhodes as we do each and every Monday at 20 past the hour. And don't forget folks, you can reach Steve, listen to Steve, every trading day, 11 to 12, east and stand to time right here at TFNN. He also has a great newsletter, a mastering probability. Now it's very easy to get Steve's newsletter. Come over to our website at TFNN. You're gonna go into newsletters, you're gonna see it right in the right-hand side. You can get mastering probability for $149 for one month. You get six months, 6.95, which is a savings of $198 or 22%, and you get one full year for 11.95, which is a savings of $583 or 33%. Now they all come with a 38 money-back guarantee folks. He has a huge amount of archives on there, huge amount of different ways that he looks at the market and you get to get them all. Steve Rhodes, first off, welcome back and happy birthday. I know you had a birthday over there somewhere, right? Yeah. Yeah, yeah, yeah, yeah. We celebrated that in Kyoto. Oh, how cool was that? Yeah, it was really a cool birthday experience. It was four of us that were over there and they had planned for us to go to a certain sushi bar. But when we got over there, they were kind of like, hey, it's your birthday. So why don't we go where you want to go? Yes. So I said, okay, that's fine. So we ended up going to a place a couple days before my birthday, about two or three days before my birthday. And when we sat in there, before we were even served a glass of sake or even an order for an appetizer, I looked at the other three and I said, this is where we're coming back for my birthday. I love it. It was just an energy, it was just a vibe. Yep. And the other guy that I was with, Steve, he said the same, he turned right around to me and he said, I'm thinking the exact same thing. How cool is that? So then, when I'm over in Japan, I like to bring my own sake if I can. Yes. Which is harder and harder to do these days. Easy in Florida. Okay. But in Japan, it's harder and harder. So luckily, this place also allowed us to bring in our own sake. So, I brought ours in for that meal and the chef and owner, well first, the chef behind the counter, he saw the sake they were drinking, he understood that we kind of knew what we were doing. Yes. Because it was not your normal stuff that people would even know about or bring in. I was listening to education on sake the day I came back. I know, I like it. Yeah, yeah, yeah. And so, he and I started talking. So one of the first things he said to me, he was talking about how this used to be Steve Jobs when he was alive, his favorite restaurant in Kyoto. Wow. And so, I, look, I first met Steve Jobs in 1983 and in my crystal business, I did some business with him. So I had his personal phone number in my, still in my contact list. So I go to my contact list, I open it up, I said, how about this? You have that. So it was kind of a, just kind of a nice thing that we had. Serendipity for sure, yeah. Yeah, so I had ordered four bottles of my favorite sake before we got there. And it was shipped to our hotel. So it was waiting for us. This was when we were in Tokyo. So we brought a couple of bottles with us to Kyoto as well. This was a sake town that I used to drink 15 years ago and you couldn't get it, you cannot, you cannot, they do not ship it to the U.S. any longer. And I would send these guys, this company and email every three months, please, please, you know, let's find some way to do this. So it was nice, we had that sake and we were over there. So the meal was so nice. And, you know, we asked him if it would be okay if we came back a couple of days later and he was looking and then my wife said, hey, it's his birthday. So he said, absolutely. You guys can come back on your birthday. And so I decided to bring him my favorite bottle of sake as a gift. Just cause it was so nice. For sure. And in Japan it's all about respect of individuals and so forth. So I bring, so we walk in to the restaurant that night and it's a family owned place. So he's got his wife there, his two sons there, his daughter there and a couple of other employees. Now we didn't know these folks, you know, before we got there. But the first night after we left, it was almost like family. Oh man. So I show up with a gift for the owner and his family. And so he comes out and I presented to him. He says, wait a minute. He turns around, he goes into his refrigerator. He pulls out a bottle of sake that he got me for my birthday. Wow. We don't know each other, right? So cool. He gives me the same bottle. Unbelievable. Only one year later. Mine was in 2019, his was in 2020, which doesn't really matter. Wow. But just that, when he saw that, he grabbed me, he said, we're brothers. How cool was that? Yeah, it was just a, and we had a lot of different experiences like that. But that was, as far as a birthday celebration goes, that was just so perfect out there. And you know, there's no doubt when you have what you had, you don't have no doubt. When you have a real, you know, it would be a sushi chef, right? Yeah, I don't know. I mean, it's just a mind blow what they can do. I mean, it's like. Well, this guy here, this is the company was started by his father. So he's in his second, he says he's only in the second generation of businesses. He's kind of like, we're still in the infancy. And the reality is, in Tokyo, there's a lot of businesses been around. Probably more businesses have sort of are around over a hundred years still. So in fact, the sake of brewery that I, my favorite sake comes from, they opened in 1141. Oh my God. You know? That's amazing. Right? Yeah, exactly. Wow. So it really was, it's a cool experience. And if people haven't been over to Japan, you know, it's really a wonderful environment to visit for sure. It was a great time. And we're still overcoming the jet lag. And we get back, we had to go to a wedding this past weekend. And we had to go out to Aspen to go to a wedding. Which is not the easiest to get. Life is rough. Yeah, yeah. Well, let me tell you what. We did not want to go. I don't blame him. No, I know. It was 33 degrees. We woke up yesterday morning. So, and it's just a hassle of flying. Right. You know, we had flights that were delayed and canceled and new flights. You know, we don't get home till one in the morning. Yeah. You know, so, you know, it could get, it could get a little bit. So, hey, look, I thought what we'd do here for just for the next couple of minutes. Let me just share it with you. Yeah, well, I'll keep you on for the next segment. We have some time. Yeah, yeah. Oh, okay, okay, all right, all right. Hey, so I'll tell you one thing I'm looking forward to. That's tonight's game. Yes. The game that you guys have at home. No, I know. I know. I mean, I had a hold for the Bucks to win. It wouldn't it be great, Tom, that we have Miami and Tampa, both three and oh? You know, which will only be three teams right at this stage. It's early in the season, obviously. I'm with you. I'm with you. But we don't see that too often. I mean, we've got some great football teams down here. You know, even Jacksonville, all those struggling, but so I'm looking forward to the game tonight. Hopefully, I can stay up. And so, and also check out folks now. This is pretty intense now. This is wild. You've heard me say this before. So we have, you know, we have the raise here, okay? So this deal's been going on forever, folks, about the raise. And you know, I got up in the middle of City Hall, you know, three or four years ago, I says, hey man, so the guy that owns the raise folks retired from Goldman Sachs at 33 years old. The lease that he had was amazing. And, you know, meaning they have 85 acres in the middle of a major city, okay? And St. Petersburg is growing by leaps and bounds. Well, the bottom line is that it finally came down and the guy, Stu's quote, who owns the raise, right? So what's going on, folks? They're gonna, they're not only gonna do the project. So the raises staying, the 85 acres, he has, he got hooked up with the Heinz Corporation out of Dallas, who I'm familiar with. I don't know them personally, but they're huge, right? Yes. And now, what's gonna happen right downtown, right where I'm building, actually, four blocks away, is we're in. The bottom line is that the raises staying, it's gonna be, you know, I don't know, 10, 12 billion dollar project. But it's hilarious because it's just like, he wasn't gonna let go of that property. And now he has the property, has the development rights, and we're gonna have a new raise stadium. Yeah, and for, you know, and I would imagine it's gonna be a similar setup to the stadium they have in Washington, D.C., and it's so popular. That's right. It has to do with, it's an entertainment center, more so. There's gonna be still 60% green, but it's an entertainment center. Stay right there, folks. Steve and I come right back. 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 at 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. Sharpening your skills as an investor is like getting better at playing a musical instrument. 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Whether you're a seasoned trader looking to sharpen your knowledge on options or you're completely new to the market, Teddy Kextat is here to help. On Wednesday, September 27th, from 4 p.m. to 5 p.m. Eastern time, Teddy is hosting a live stream that will teach you how to capitalize on time with calendar stock option spreads. Teddy will also go over how to trade stocks and other market movements without large capital allocation, how to expand portfolio diversification, how to maximize potential returns, basic entry and exit techniques, and more. If that wasn't enough of a reason to attend, Teddy will also be answering all questions live. If you're serious about making money in this market, head over to the front page of TFNN.com today to sign up for Teddy's live stream, TFNN, Educating Investors. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to tfnn.com and hit Watch Tiger TV. That's tfnn.com and hit Watch Tiger TV. Welcome back, folks. Steve Rhodes, Tom O'Brien. We do appreciate the corral and the prior analysis. We have the Dow Industries right now, Dow in 37, Nasdaq's up 19, S&P's up six, and don't forget, folks, you can subscribe to Steve's newsletter. It's very easy. Come over to our website at TFNN. You can go to newsletters, your mastering probability right on that right-hand side. Okay, we are ready, Steve. Perfect. So let me tell you what everybody else, what it is that I'm looking at. I'll just share with you the information. You can make your own judgments or what have you. The first screen, and you and I, we've taken a look at this from time to time. I think it's really pertinent now. And this is a 95-year seasonal chart for the S&P 500. So we'll use the S&P 500 as a general market conditions. Of course, we know we've had a pretty poor September out here. And if we take a look at the average return by month over those 95 years, you can see September sticks out like a sore thumb. But from here, seasonally speaking, as we start to get into the October area, we should see some kind of move higher. But in fact, if we take a look at this chart right now and kind of going with your thought process on the cues, testing a swing point on lighter volume, having busted through the swing point and so forth, this chart here suggests that we should see some type of bounce take place this week. So your analysis matches what has taken place over a 95-year period of time out here. So that's the first chart that we can take a look at. The second chart, though, is taking that same 95-year period and then because we are in a pre-election year cycle. So what does that chart look like? Well, that's what this is. This shows us over that 95-year period, which is 23 different touch points or 23 different years out there, that markets actually, one, we should see a short-term bottom form. But mostly what this says, instead of moving lower into October time, this says we move lower into late December. So yeah, this is saying that Santa could be delivering cold. That'd be pretty intense. Yeah. He's delivering cold this Christmas, at least if we follow that cycle. And that's really the question is, which seasonal pattern is the correct pattern? Is it the one that says we bottom around now and we move higher into the end of the year or is it the one that says, hey, we have a short-term bottom, we do a little bit of a counter-trend move and then we continue to move lower into December? So if we go looking for clues out here, the very first clue is what took place on Friday inside of the ESMini. So we're looking at the ESMini charts. The green line, this is a weekly timeframe chart. The green lines represent the TAS market profiles, which are really great tools that help us understand where buyers are, where sellers are, when there's a real breakout, when there's a real breakdown. So if we look on the upper, or the left-hand side of the chart, which is coming off of the lows from March of 2020, those blue arrows keep showing us when price had pulled back and found support where the buyers were at, at the bottom of the profile. So that trend remained intact. When we start to take a look at the red arrows out here, we can see those identified breaks of the bottom of those weekly profiles. In other words, a change in trend. On Friday, that's what took place here inside the ESMini. Price closed below the bottom of its profile and that says that we have a change in trend. So I would then say, based upon that, the pre-election seasonal cycle is more in play than just the general seasonal cycle out there. So this is one that shows us moving lower into the December timeframe. Now that being said, both seasonal pattern, both of these seasonal patterns suggest that we should see the short-term bottom this week. So as we start looking for clues there, here are charts, both the daily and the weekly chart for the ESMini. The one on the left is the weekly chart. We can see the clear break of a swing point. We can see an A to B equal CD to the downside that is formed. It's the same A to B equal CD. Tom, if we take a look at the daily timeframe. So the one-to-one price projection area is 43.10. Today is also going to form bar number seven of a TD9 count. And that says we could be getting close to a short-term bottom. So all of this is really the A to B equal CD pattern, the potential TD9 counts, they're all leading to the idea that matches really the seasonal cycle that you and I just took a look at. So in fact, if we also take a look at each of the futures contracts, and this is what I really prefer, I prefer when all of them are giving us the same signal that doesn't always happen. But today, each of the equity future contracts for their daily timeframe will form bar number seven of a TD9 count. And that says that we could get a bottom. When I say could get a bottom folks, if you don't understand the pattern, it sounds a little foreign. As Tom mentioned, there are many archives that subscribers get to, if they've become members of Mastering Probability and it will teach you exactly about this pattern. That is really worthwhile to learn. Now, in order for a TD9 count pattern to come into being, we still have to see a spike below today's low. And that needs to take place either tomorrow or the next day or the latest would be Thursday out there. So if we do get a spike, doesn't have to be a close below. We just have to get a spike below whatever today's lows are out there. And that has to take place again over the next couple of days. If we get that, then the TD9 count pattern is in play. If we don't get it, then I'm probably back to the A to B equal CD pattern. So either of those would assist us with identifying that short-term bottom. If we take a look at the New York Stock Exchange, it's advanced decline oscillator, it attained an oversold status, I believe it was last Wednesday or Thursday. And the way that that works and what this is folks, when I say an advanced decline oscillator, an oscillator is simply the difference between two things. And the two things here, I'm using the advanced decline line. So that's this second panel out there. And I'm just looking at the difference between the 19 and the 39 period exponential moving average. And that's what's reflected in the bar below that where it says advanced decline oscillator. When that gets below zero, that tells us that sellers are in control. When it's above the zero threshold level, then buyers are in control. But it also helps us to understand overbought and oversold readings. Oversold readings take place, we get down to the minus 150 level, overbought when we get to the plus 150 area. Now that doesn't mean we can't get more oversold or that you can't get more overbought. But what does tell us if we study the charts and the chart action, it says that we're getting close to some type of a bottom out there. So between the TD nine counts, the A to B will CD pattern, the swing points and fewer sellers out there, as you said, we should see some type of counter trend move. So all the supports at least a short-term bottom. So what should we look for? Well, the other thing that is going to impact the market out here is going to be King dollar. And if we take a look at the U.S. dollar index, and here, when we take a look at the U.S. dollar index, when we close the, right now we're trading above a swing point from probably about six or seven weeks ago inside the U.S. dollar at 104.75. If we close above that this week, the signal there, Tom, is that it over time, not saying it happens tomorrow, but over time wants to make a move all the way up to the top of its profile. Now, the reason that I say that is this is a bullish structured profile. What I mean by that, folks, profiles typically have three lines. The center is where both buyers and sellers believe there's fair value in between the top and the bottom. And so, and at the bottom are buyers and at the top are sellers. So when we have the center line closer in proximity to the bottom than the top, that gives us a bullish structured view. We have more buyers than we really have sellers. And once price closes above that center line, that's at 103.26, for right now I'll use 104.75 as real key level. If we get a close above that, typically what happens is price will go ahead and seek out the top of that profile. So that's all the way up at 113.34. Now, what's nice about that is that actually supports this idea of that move lower into the end of December with a stronger dollar out there. So again, we're taking a little bit, look, that's on a monthly chart, by the way, that we're looking at, that 104.75. So closing above that on a monthly basis, we just have a few days to go there is gonna be a real key level for us to be watching observing. This happens to be the correlation chart, Tom, and I'm using here a 10-day average. So let's take a look at the last 10 days, kind of averaging the direction out there. And the top part is the ESMini, the center part is the US dollar index, and the bottom part is the correlation. And when those bars are below zero, there's an inverse correlation. So longer term, this supports that idea of the market's moving lower. And what I would expect, folks, I would expect any counter trend move that we get here to run into resistance to about 44.24. So that's what I'm looking at. I'm looking at a short-term bounce, up to about 44.24, before we continue to resume lower into the end of the year. And we get to 113, man. We have a quite a down draft, man. Go down. This is awesome, Steve. Have a great one, man. Have a safe one. Thanks, Tom. Thank you. Stay right there, folks, to come right back. Get 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. 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That's rejected lower price out here today. You're up for 42 cents. And in the context of, now they've been down, since we're 33, they're down from 43. But that's 43 is going back to July. If we take a look at Ford, you're looking at the same deal. So this is gonna get interesting chart wise versus fundamentally what's happening. Ford, same deal, Ford is down from July of $15, there's 12 bucks. But you can see this is that on Friday we actually moved high wood volume. Today rejected lower price, you're moving higher once again. So, we'll see how this maybe shakes out. I mean, the way the union is doing it is that they're breaking this down factory by factory so they can basically inflict the most amount of damage to get the car companies to back to the table. My understanding is that just at this particular point they're just not back to the table yet. We go take a look at the Amazon. So Amazon, I mean, AI's been around for a long time folks and Amazon no doubt has always been one of the best ones at it, okay? That's why Amazon is Amazon. Now, that being said, they went out this morning and paid $4 billion. Now that's just an investment, okay? They're in a minority position here for $4 billion. So it's gonna be interesting to see how this whole AI works out but there's monster amounts of money that's coming into AI, there's no doubt about it. It didn't say what their minority position is actually going to be but bottom line is that it's not a majority position, it's a minority position. What will happen is that the company that they're buying is gonna use AWS in order to do everything that they need, meaning, because it's repetition on these large servers as to how AI works, that's the bottom line. Now if we take a look at Amazon, Amazon went through the bottom of its consolidation and thus far rejected lower price. So we got down to 128.77 today. We put this on a weekly, the weekly was coming into strength. So this is strictly looks to me like it's building cause for higher price. That's how this thing is set up. If we, now let's go into the gold market for a bit cause it's the gold market is pretty intriguing right here. Well, it has been for a while but every time that you think you're getting something out of it, bottom line comes all the way back down. Now if we take a look at an eco-eagle, AEM, what you're gonna see is this. It's out on 1.3 million shares but you're going into 1.4 million shares. I mean it's not even close. And you have a swing high that has good volume too. We take a look at the AU, you take a look at AU, this is a nice setup man. You know now I own the stock, we own the stock in the gold report. So you take a look at this and you're gonna see, you know you came down to 1762 today. You had volume of 890 million. You rejected lower price you're at 819. Well you're coming into 5.2 million. Cause what had also happened is this, this is what ended up happening folks, okay? On that date, what is that? That was a two, four, six, seven trading days ago when I think that was probably if it was an opportunity of exploration, the bottom line is that something came down inside all the indices and you're gonna see plenty of huge spikes with volume inside, you know, I'm looking more so at gold stock. So you see them inside of gold stocks and it was a positive day that day which is huge. Now if we go over to Newmont, we take a look at Newmont, what you're gonna see with Newmont, you know bottom line is that you get down to 3978 today, rejected it, you're at 42. You've done 5 million shares and the 5 million's coming into 25 million, okay, that's a nice setup. That's a nice setup. Barrick, okay, Barrick is the big risk taker out here. Barrick has a rejected lower price yet. Barrick is, we get down to 1547. Now 1548, I think was a swing. Yeah, 1548 was the swing. So you're gonna have less volume than the swing cause the swing was 20, no, 19, 19 million and you were at 11. Now I was like, oh my God. It's a pretty tough scene with one eye. I can tell you that folks, it's so weird cause now I'm totally blind to my left eye. What is that, 12? So yeah, well it's gonna be close. The volume's 11 versus 12 going, and we haven't had rejected a lower price yet. Those are the two largest weightings also in the XL and the HUI and the GDX, I mean the XAU. Now if we go over to the GDX, what you're gonna see, nice setup. You know, you're coming into 30 million, you've only done 12, and you've had a rejection of lower price at 2826. So this still wants higher price. That's how this is laid out. So the key is gonna be, one of the keys is gonna be, of course it's always the dollar, but let's just go over to the silver market and see how this baby's shaking out. Okay, so silver's down 54 cents today, 46 cents today. You're running 5,400 contracts. Yeah, that's like contract volume. You know, but when we did do the webinar folks for the gold report, what did happen is this, is that on the short term basis, silver at that point was stronger in gold. But as soon as you put it on a monthly basis, gold is much stronger than silver. And what's gonna get intriguing here is this. So let's go look at the COPPA contract because the next big deal in the miners is COPPA. You know, you have these large mines that are going after COPPA because of the electrification of cars, businesses, all of the above. So COPPA is still trading out here at $367, you know. And it has rejected lower price out here today. It's coming into last Thursday, this thing came down with volume. Last Thursday we came down with 124,000 contracts and we get 52. You know, but if you see some of these big mining companies, particularly Barrick, they're going after COPPA in a monster way because they're looking forward and we're gonna need a lot of COPPA. Dow, Dow investors right now have seven, Nasdaq's up 33, S&P's up 11. Stay right there folks who come right back. Are you ready to take your trading to the next level? Introducing Tom O'Brien's market insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed market insights to be your daily guide to profitable trades. Tom publishes his daily market insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, market insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. 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The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman in your inbox every day. First-time subscribers also get a 30 day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com, educating investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30 day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit watch Tiger TV. That's TFNN.com and hit watch Tiger TV. Welcome back folks, down investors right now down the 23 of them as like up 19 SAPs or up six and a half. So if we look at the industry volume out here, you're also gonna see a pretty big contraction. So we did 921, 921 million on Friday. You have 437 right now. So more than likely, this will do about 850. So you can see what happens. So you get a low, a low, you're contracted. During the update, I'll try to get you closer as to what we actually did. But we also had done this on Friday. So if you take a look at this, see, right now you can see Thursday on the composite, we did 5 billion. Friday did 4.3. So you're going lower with less sellers. Now today we're at 3.6. So at 3.6, you actually can do about 4.3, 4.4 today on the composite. We'll see how it shakes out. But it is amazing how much volume that they put in at the end of the day. There's no doubt about that. Now, what has also happened with the composite is that the composite versus the NDX did break the swing but it rejected the swing. We got down to 13,132 today and that swing point was at 13,161. So you have the break, you have the rejection and you're going to have lighter volume. So we just may be seeing a turnaround Tuesday, you know? And we'll see what kind of bounce you get. Remember on the bounces folks, okay? If you're bouncing and you're bouncing with light volume then the bottom line is that is the market that wants to go lower. If you're bouncing and you're getting wide price spread and you get an expansion of volume well guess what? That's the market that wants higher price. Always remember folks, the big and Chloe hot out the book and run you over and thank God there's always another trade. Health happens to prosperity. Have a great night folks, have a safe night. Come visit Tommy tomorrow morning, kicks us off 9 a.m., great show. Have a great one folks, have a safe one.