 The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes. Toll free at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good morning, folks. Welcome to the February 20th, the terrific Tuesday edition of today's Trader's 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's having a great day. 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, means we can find the gift in every set of circumstance that life is tossing at us. Now, today you and I are gonna 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 am absolutely grateful for your presence here, but even more important than that, and that's this, during the next 53 minutes, I am here to serve you. So feel free to pick up that phone, dial on in at 877-927-6648. Now, if you've got a question, but you can't dial in, we've got you covered. You can always send me an email. Send that one off to Steve at tfn.com. And inside the subdeck heading, please put radio show question. Of course, if you're inside the Tigers then, 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 Finance on News Network. I'm Steve Rhodes. Welcome to the show. A slightly mixed bag out there. That mix is really coming from the Dow, which is up 18 points. The other US indices are trading to the downside. Dow is down, not Dow. Second time I've done that this morning. S&P is off 26. NASDAQ 100, 175. Russell 22. Summary's down 97. Trendy's down 112. Gold's trading out at 2038. That's up 14 bucks, while Silver's trading out at 2305. That's off 42 cents. Slight's recruit us off 61 pennies with natural gas basically being flat in the 30th Treasury. Up 13 ticks printed out at 1820. Now our leader in the clubhouse to the upside, it is Discover Financial Services. 15 bucks, 13%. Armstrong World Industries up nearly 9 bucks or 8%. Northrop Grumman 7 bucks, nearly 2%. Intercontinental Hotels 8 bucks, 8%. Alter Beauty 7 bucks, 1.5%. I'll move to the downside. The Shakers are Cooper Companies. Down 278 bucks. What the heck? Wow. That's a 74% move there. Super Micro Computer. Hope nobody has stock in that. Super Micro Computer down 92 bucks, 12%. And Vita at 40 bucks, 5%. Micro Cloud Hologram 50, wow. 50% move, 33 bucks. And Broadcom's up 23. That's a 2% move to the downside. We've got movers, but we've really got some Shakers out there. But let's start our day by taking what's going on inside of the equity futures. Let's do the play by play. Let's get down to the shorter term. Timeframes do that. We're going to switch over to those white background charts of Stevie. So if you give me just a moment here, you'll see eight different charts. In the upper left-hand side is the daily timeframe. Daily timeframe shows price pulled back, tested, and so far rejected support. That says we do not have a profile change in trend. That level of support to watch a day's end is going to be $17,531. We take a look at the five-hour timeframe chart. No bottom pattern here, but price is testing at prior swing point. That was a TD9 count bottom so far that has held. We've got that same condition in the four-hour timeframe chart, although there's no bottoming signal out here. If we did see, well, let's not go there. We don't need to go there. Let's take a look at the two-hour timeframe chart. Two-hour timeframe chart has a TD9 count pattern that is present. That will confirm when the show is over at 12 noon out there. You can still see a lower low because that bar can, the TD9 count bottom pattern can't form on the bar following bar number nine. That says by one o'clock we should have a bottom. There's a bullish reversal candle. As we come into the 12 noon timeframe, that would confirm a buy the D point pattern. The 60 minute or the hourly chart has already confirmed a buy the D point pattern. It did that because as we were coming on the air, we had a bullish hammer candle that was formed. Now it's nice about that. The 60 minute timeframe chart is if we see a close below it, it being 17482, even Steven out there, that would signal that people should be to the short side out there. At least for the 60 minute timeframe chart. I'm really just referring to the 60 minute timeframe chart out there because if you're long, when you close below the hammer candle, the rhyme is if you're long, you're wrong. Take a look at a 30 minute timeframe chart. Roachment to indicator bottom. Now in the case of the 30 minute chart, that really bears worth watching. Why? Because price has bounced into the first target that it should bounce into. And that is the oscillator and change line. The issue with the 60 minute timeframe chart is if that oscillator and change line holds, that's at 17594, that's telling us we're gonna go back down and test the lows of the day. If price is able to close above that, that would then say a further rally would be likely. That further rally would take a stop towards 17624. And if the move lower was only a counter trend move, then price would find the resistance at 17645. A close above 17645 would say something else. We have a by the D point bottom in the 15 minute timeframe chart. Price ran right up into resistance, the top of its profile. So you got 17594 and you have 17603. Let's make it the latter, 17603. That's both the top of the 15 minute profile, the top of the 10 minute profile that would take you over that oscillator and change line for the 30 minute timeframe. So we have in essence here, bottom patterns on the lower row, each of the lower row charts out there 60, 30, 15 and 10 have given us bottoming signals. The 120 minute chart is likely to do that in 48 minutes out here. And then confirm that pattern at 1 p.m. But we need to see resistance fail if there's going to be more of a counter trend move up there. So 17603 is the number. Let's take a look at the Dow equity future contracts. And so that's the only one that's trading to the upside. Let's see what kind of signal information if any we can glean from it. So if you give me just a moment out here, I'll take a swig of water while these charts here go ahead and populate. Now in the case of the Dow equity future contract, it is consolidating with inside its daily profile. So support here is 38, 370, resistance 38, 920. Not testing any kind of levels of support. So it doesn't have to have those bottoming signals that we saw inside the NQ out there. And it turns out that really we don't. I take that back. Earlier this morning, you had the Dow on its 30 minute timeframe generate a roads meant to indicator bottom. It confirmed that on a 15 minute base at 645 this morning. Now, what do we have going on out here? We have price that is rallied right up into its breakdown resistance area at 38, 715. There was a close above it as we came on the air at 11 a.m. If 17 minutes from now, we get another close above 38, 715, the Dow equity future contract. Well, I was going to say it would suggest that we want to rally further. But now that I look at the hourly timeframe, we can see that price ran into resist at 38, 733. So the number that you're going to need to see the Dow equity future contract close above and we'll make it on a at least a 30 minute basis. Really it's a 60 minute basis would be 38, 733. If we see that, then at least the Dow equity future contract is likely to rally as we speak right now other than hitting resistance levels on the bottom chart. It was a 60 and 30 minute TD nine count breakdown level on 120 minute chart is the top of its profile. And the other timeframe charts really not much out there. No requests thus far that I'm aware of. So I'll just continue surfing around. Maybe we'll take a look at the ESMini. We probably should because we have a number of traders that trade that. So we'll do that. Of course, you can reach out to me at 877-927-6648. Steve Rhodes with TFNN. 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. 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It's not, you know, it's really not ideal. What I mean by that is the lower low is on the trading session from 11 o'clock in the morning. That's back on February 16th, and the high that we should really use would be out here from 7 o'clock in the morning. I cannot use this low. That's from 5 p.m. on February 16th, because that low did not exceed this low right here. So I'd have to use really kind of a more of a junior, if you will, A to B equal CD. So since we're uncertain with regard to the pattern out there, I'm not going to say, and you didn't even know what I was going to say, but I'm not going to say that the ESMini charts along the bottom row, which each look like they have bottoming patterns, in fact do, because I can't call that a buy the D point pattern for the 60-minute timeframe chart here for the ESMini. But we do see a bottoming pattern, a roadsman to indicator bottom on the 30-minute timeframe chart, 15-minute timeframe chart, TD-9 count on the 10-minute timeframe chart for the ESMini, and the 120-minute, we'll go ahead and confirm a TD-9 count bottom very much like the NQ. It'll complete that pattern at 1 p.m., and what price should do is it should rally towards that oscillator and change on the 5,000 and the 6 out there. On the daily timeframe, here we've got a bullish structured profile. If you caught the opening of my show, we were looking at the black background charts for the ESMini at the 11 a.m. update out there. That's the black background charts as a bearish structured profile. The white one, it's a bullish structured profile. I realize it creates confusion. We just have to use all the data. The next area of support here is at the 49.67 area out there. So what we haven't seen take place here, and that's really what has just gotten to right off the bat, we have not seen any resistance levels fail on those intraday charts that have those bottoming patterns. So what's the level to really be watching here? I would say it would be 5,006. You'd need to get it closed, but make it 5,008. If you get it closed by 5,008, we're likely headed up to the 5,024 area. And that's what I see when I take a look at the ESMini. Let's go out to Colorado and speak with Ron. Ron, thanks for calling. Thanks for holding. How are you today? Very well. Thanks, Steve. This is Roger, by the way. Oh, Roger. Sure. My apologies. My apologies. No, no, no, no worries. Actually, we are all waiting for NVIDIA earnings. Sure. And I was just wondering if you have time, take a look at Marvell. Yes, are you? I was trying once to make sure it would be next. Okay. Are you in Marvell? Correct. You are. In and out at a long term, like a yearly basis. Okay. So here's what's going on, Roger, in the short term. My apologies for not getting your name correct. Right now, prices trading below on a daily timeframe, that is, prices trading below support. And prices trading below its prior swing point that actually formed on February the 1st. That swing point low was $65.51. If price closed below that, we're a buck before that right now. The signal would be that price is getting ready to pull back and test support. And the next level of support for Marvell on a daily timeframe, Roger, is where it broke out from. That's at $59.95. That is the bottom of the candle session from January the 8th. You mentioned that you're more of an intermediate term, longer term trader. We have on a weekly base a rogment of indicator top. And price is likely going to go target support. For it, it would be the top of its profile because this is a profile that formed below price, which was a bullish message. So the area of support that I would say that Marvell is likely to tag is the first level would be $63.21. If price closed below $63.21, we're likely to see it move to $61.15. $61.15 is where price should hold if the move lowered Marvell, Roger, is only a countertrend move. And on a daily timeframe chart, $59.95 was where it broken out from. So it looks to me like that's where price wants to head towards $59.95, $61.15. But the only proof of that would have to be a close, a weekly close that is below $63.21. On a monthly timeframe, your longer term horizon, this formed a beautiful TD9 count bottom. It does it during the month of January 2023. That takes price right up into its breakdown resistance line. It did that last month at 73 bucks. So resistance is held. This says price might want to pull back. The monthly timeframe chart gives us an initial figure of $61.69 to about $59.00 and change out there. So everything that we've looked at, whether it's long term, whether it's weekly, intermediate term, whether it's daily, each of these charts here are suggesting that Marvell should pull back towards that around the $59.00-ish range out there. Any questions about what I've shared with you so far with regard to Marvell? No, I really appreciate your talk on this. It's pretty clear, but I just need to, I guess, either write it or you should take some action on this. Roger, because you're a longer term trader, I don't know where you're in your position inside this, but I wouldn't really consider... I mean, yes, you've got to anticipate you're going to get some heat out there. What we don't know is whether $63.21 will hold or not. And we're at $64.39. So I don't see necessarily... Because on your longer term trader, we haven't seen any key levels of support really fail out here. We've got the topping patterns, but price is pulling back to support. So you've got to do what's right for you, for sure. But if you do stay with the trade, watch that $63.21 area first out there. Now, are you also long NVIDIA? Correct. You are. So we had a request to take a look at NVIDIA. If you want to stay on the phone, we can go ahead and do that right now and get a feel for what it's doing. That came from Mr. Bill inside our Tiger's Den. So what NVIDIA has done, it formed a TD9 count top. It did it about four or five days ago. It did it on the trading session of February 9th. It completed that pattern on February 14th. And now what we have is prices back inside its profile. And that profile... Whoops, sorry a minute. Just a little way for me. That profile ranges support as at $658.74. And we're trading below the center of its profile, which is $691.51. I would say Roger, a close below $691.59, says $658.74 is in the cards. Now, you mentioned NVIDIA is out with earnings tonight. Is that correct? Tomorrow, tomorrow, 21st. Tomorrow. Okay. So if NVIDIA... So NVIDIA has already got a top. If it responds poorly to whatever news comes out, the daily timeframe chart says the key level to be watching is $616.50. Now, I'm not referring to the intraday or overnight hours because anything can happen overnight and the next morning out there. But if we do see NVIDIA begin trading below $616.50, the daily timeframe is going to suggest that we have a change in trend out there. The weekly timeframe has also set up a top. It's also a TD9 count top. And that pattern will complete this week. Now, in this instance here, prices above all levels of resistance. So even though we have a weekly top confirmation out here, because price remains above all levels of resistance, and when I say all levels, I'm referring to either $643 in change or $505.48, its overall signal is neutral. Got a top yes, but it's not one of those ones where we can see where it's gained any traction, at least just yet. And finally, on the monthly timeframe chart. A monthly timeframe chart. The monthly timeframe chart is simply bullish. It is just simply outright bullish. So how do you summarize all this? Even though the monthly chart is bullish, it says longer term and NVIDIA should have higher. In the shorter term, intermediate term, we've got to watch $643. If price trades below $643, that's a signal that price wants to move lower. That area would be $616.50. And I gave you a bunch of numbers. You're welcome to hold on if you've got some questions. If not, I appreciate the call. And I look forward to speaking to you again. So that's your call for a new heartbreak right here. Steve Roach with Rodgers. Upet in Boulder, Colorado. The Gold Report. As a precious metal, gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The Gold Report. 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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. 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. We got Silver trading down 40 cents and G-Man inside the Tiger's Den would like to take a look at its charts. So we take a look at the monthly timeframe chart. We just got a good old-fashioned consolidation between 1987 and 2405 out there. We take a look at the weekly timeframe chart. It has a sell-the-de-point pattern. Price is just consolidating with inside its profile. 2163 is support. 2439 is resistance. The daily timeframe out here is an A to B equal CD pattern that is unfinished. Price on Friday closed above the top of its daily profile, signaling that maybe there was going to be a profile change in trend. But right now, price is back below that, so that was a false breakout message. It actually shows that Silver is really in a sideways consolidation. If we open up the daily timeframe chart, we pull it back. So, Stevie, let's get rid of the A to B patterns out here. Let's just get rid of that at this stage. These can always be drawn back in here. But let's just take a look at the pattern that really is prevailing as we speak right now, which is that sideways consolidation. So as I clean up the chart, probably you are able to see that sideways consolidation as well. But let's just pull this back. Let's get Stevie's rectangular shape out here. And let's just start to draw it in. So we're going to say we're right at about here from a resistance standpoint and support is going to be right at about there. So we can see this nice little sideways consolidation. So price was unable to bust it to the upside G-man. Perhaps what this is telling us is price is going to get ready to bust it to the downside. At a minimum, I'd say likely price is going to go target $22.65. Let's see if that's supported by the other timeframe charts out there. On a 30-minute timeframe chart, what we don't have as a top, but we do have is price trading below profile support. So I'd watch $23, even Stephen. The price closing below that, that's his TD-9 count breakout level. That suggests lower price. On a 60-minute timeframe, I don't really have prices right now, just consolidating with inside his profile. It's a brand new profile. By the way, that's formed out here. You are an intraday trader, I believe. $2,305 is support, $23,21 is resistance. I don't see much else out here to really share with you. I think that support level on the 30-minute timeframe at $23, even Stephen. The support level of $2,305 on the 60-minute timeframe, yeah. That's the key number, G-man, for you to be watching to the downside out there. The price closed below that. It just adds the idea of what we looked at on the daily timeframe in that consolidation pattern out there. So I hope that helps you out. And as always, thanks so much for your request. Sticking with the metals area, that says that NitroM wants to take a look at the GDX. So let's get back there. The GDX would like to take a look at the GDX as well as the juniors. So we're going to do both out there. Let's start with the GDX. The GDX has a TD-9 count bottom. In fact, we don't need this daily A to B-equal CD any longer since we already have a confirmed bottom. We don't necessarily need to. Price is trading above the top. I'm sorry, it's consolidating with inside its profile, G-man. You have support at $2589. Price is above the center of its profile and that oscillator and change line. About the $2673 area, this suggests that a move up to 2756 should be anticipated. However, the weekly timeframe chart shows that price is trading below profile, below support levels out there. So that could suggest that it wants to head lower. The benefit here is that we are trading above last week's, not the high, but certainly at least last week's close. So it's slightly bullish signal. On a monthly timeframe, the GDX is pulled back into its buy zone. The buy zone is set up by the bullish structure profile, the bottom of which is $2353. The center is at $2554. So price is pulled back into support on the monthly timeframe. We're trading above the close from Friday on the weekly timeframe. So that's somewhat bullish. We're trading above profile and the oscillator and change line on the daily timeframe. 2756 is really the message for it. Now, let's take a look what's going on with regard to its dance steps. And by dance steps, we're looking at consecutive moves higher, consecutive moves lower. What we saw out here on Friday was three consecutive moves higher out there. So normal, if this is a bull market out there, real bull market, we should see not more than four, but typically, you'd love to see just a two-day retracement or two consecutive days to the downside out there. Now, what's interesting here, if it's going to do that, if the GDX, we're likely need to see gold move lower and we likely need to see the U.S. dollar index move higher out there, the U.S. dollar index, I believe, is testing a area of support. So we should certainly take a look at it. But before we do that, Nitram, let's go take a look at the GDXJ out here, the junior miners. The junior miners have a similar pattern, a similar pattern that on a daily base, they have a TD9 cal bottom. The difference here is on the weekly chart, we didn't have a bottom on the weekly time. I don't believe we did on GDX, but let me just go back and make sure. Maybe I'm, nope, we don't, but on the GDXJ, you do. And when I say you do, I'm referring to that TD9 count pattern. So this week is going to go ahead and confirm a TD9 count unless the GDXJ were to close above 3413. So if you want to find a bottom pattern out there, you don't want to see price close above 3413, you get a weekly TD9 count bottom lining up with the daily. Now, we are in a bearish structured daily profile. And right now price is testing a key area of support. Now you try, and that key area of support is that red oscillator and change line, 3229. A close below red oscillator and change line tells us we have a falling price oscillator below zero. That would then suggest that price might move back to support, which is the bottom of that daily profile, and that would be at 3118. So watch this oscillator and change line, the daily time frame, that's going to be really your key out there. Now the GDXJ, much like the GDX, rallied for three consecutive days, a bullish pullback would be not more than two really, but two to four, four still qualifies out there. But if it's really in the beginning of a strong move out there, you'd really likely just see a two bar knee jerk reaction low out there. And of course that would be confirmed with an intraday chart. For example, like a 30 minute time frame chart, if I pull that over here and you'd be looking for some type of bottom pattern, that is not what we have as we speak right now. So Nitram, I hope that helps you out, both with regard to GDX and GDXJ. I personally mentioned the US dollar index. So let's go take a look at it and let's take a look at it, buy a take a look at the euro, the yen and the pound, or at least let's begin by doing that. So we take a look at the euro, which looks blank right now and it doesn't look blank anymore. What we have is price, we can see in the case of the euro, you are now beginning to see higher lows out here. Each day has a higher low. That's what I'm preferring to, coming off of the low that formed out here just a few days ago, back on Valentine's Day on the 14th, on Wednesday of last week. The reason I bring that up is that was a real nice poor job, wasn't I just dribbling it all the way down my shirt. Nice job there, Stevo. And yeah, don't take me out drinking. Okay, even if it's water. So we're trading above yesterday's high, this suggesting on a daily timeframe that price should get back to the next area of resistance would really be established by this bear sash candle which we're trading into. That was a trading day of February 2nd. So if you close inside their odds would favor move up towards its high at 1.08975. If in fact that unfolds, that will put strength inside the U.S. dollar output weakness. Hello, Stevie. Weakness inside the U.S. dollar index. The Japanese yen has got a TD9 count top and right now price is trading below its greenhouse certain change on it, a daily timeframe. That suggests that price might want to pull back, strengthen U.S. dollar weaken at the 146 level. Now those two things that we just said, if they unfold out there at night trap, that's going to be good for the GDX and GDXJ. That would be good from the standpoint of gold as well. That should suggest that they both rally up towards resistance at the top of those profile levels. And a great British pound is trying to influence its muscle. And a close day above 1.2624 will do just that and suggest higher price. So those three currency pairs, if they do, but they are signaling right now, we haven't looked at the interday charts, that'll actually put weakness inside the U.S. dollar index. Steve Rhodes with TFNM. 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Distributor, foresight fund services, LLC. This program is brought to you by Vista Gold, traded on the NYSC American and TSX under the symbol VGZ. Weekend, a lot of good sports out there. How about the end to that Daytona 500 race last night out there? You know, it seems like it always ends like that with just, I mean, that was a pretty crazy crash. Like about eight laps to go or something along those lines, eight, nine, 10 laps, something like that. That was quite a crash out there. So it was pretty good. How about the, you know, I'm not a big basketball fan. I love college basketball and participate in the March Madness out there. Not real big in the pro ball of Miami Stadium. It's too long of a drive really to get down there and watch the heat games for the most part. But I did watch some of that All-Star game. And what's the score? It was like, I'm not being really that facetious. I don't have the actual score at halftime. But then they scored nearly 200 points in just the first half out there. So clearly I haven't watched the All-Star game. Clearly the message is no defense whatsoever out there. But what was pretty cool was in not going to pro games or not watching the pro games was just simply where they were shooting. The final was 211.86. Son of a gun. Holy cow. But where they were shooting from, they were not three-point plays. Is there, they ever talk about going to like a four and a five-point play out there or something like that? I mean, it's pretty extraordinary. Yeah, mid-court swishes. It was pretty extraordinary to see out there. So that skill level from shooting out that far, they're shooting better than 50% from way out there is pretty extraordinary. And in the golf, one of my favorite courses out at Riviera, that is a great track. If you've never played it, you should really try to get out there. I haven't played it for a couple of decades, but I used to play out there in the 80s. And they never allowed for tee times. You never had a tee time. You just simply showed up. Hey, I am showing the charts here, by the way, for the currency pair. So with regard to the Euro, the yen, and the Great British Pound, I thought that what we would do is we'd go to the play-by-play here and take a look at the 30-minute timeframe charts. I see that. I see that, Al. Thank you. So if we take a look at the Euro on its 30-minute timeframe, it completed a sell-the-de-point pattern. It completed that pattern when it formed that three-river evening star at $10.30. And price right now is testing that green oscillator and change line. If this level holds, we are likely to see the Euro, in fact, move lower. If it moves lower, then it will go ahead and get weaker, I should say. The U.S. dollar index would get a little bit stronger. If I take a look at the U.S. Japanese yen, it has a buy-the-de-point pattern, the exact opposite of the Euro. But this is likely to rally towards that 150 area. And if it does that, what that's going to do is that's going to put weakness inside the yen and that'll put strength inside the U.S. dollar index. In the case of the Great British Pound out here, kind of tough to say that that's a sell-the-de-point pattern, but price is pulling back in sympathy. So we should see, you really should see, depends on, you know, so the daily timeframe that we were looking at, that's suggesting those rallies, you got to really watch the 30-minute timeframe charts for these equities, for the equity, for these currency pairs to give you a feel for what is likely to unfold with regard to the U.S. dollar index. All right, let's go out to Ron. No, we've got Ron in Denver. Ron, thanks for calling. Thanks for holding. Was that because I announced you on that previous call when I screwed up? You and Roger was that? Yeah, I thought I'd say I must bug you too much, but yeah, thanks for the time, Steve. I'll just mention one quick thing. Thursday, I knew PPI was coming out and it included housing, and you knew that had to be inflationary, so when you get a long weekend like that, I like to sell options. So I sold the calls on the SPY and the IWM that expire today, and I sold them, and I bought them back today for two bucks each, closed them out, but they expire, but that's just selling calls on a long weekend in that time. We're for me. Well, nicely done. What I wanted to ask you about was the UNG, is it, I was thinking of doing a call at 14 and a half and go out about a month. Is this the time or is it, would you wait for further proof and hit bottom? Well, what I can share with you, the question is proof now. So what kind of proof would you like? With regard to, is it a bottom? It is a tradable bottom to make an attempt. So what do I mean by that? The UNG, at least as of Friday, I should probably look this up right now. Oh, we're not seeing the chart. Sorry about that. Thank you. Give me a moment. Does that be a real problem for me to just talk through this whole thing again and then not show charts? But now we've got some charts out here. And Robert, what I want to do, I just want to check one thing. UNG, I get my holdings. I just want to see if we're still March and April out there. So just give me a second here, because if we need, it's important. To be able to answer your question. So we now are exclusively in the April contract. OK, so we're just going to focus it on the April contract out here, Ron, not the March. In fact, I'm just simply going to get rid of that. I'm going to expand this out here. So the holdings with inside UNG, all 100% of the April contract. On the April contract, what we did take place on Friday was a buy the D point pattern. That buy the D point pattern was formed because of that bull sash candle. Now this pattern would get negated price were to close below the low of the pattern. So the low of the pattern would be a buck 63. So your trade set up, you could take that position. But if you saw a close below that level again, let me give that to you again on the April contract 1.633, then the signal that we would have used to enter the trade would be void. And then at that stage here, I'd probably take the small loss and move forward. So the April contract now exclusively 100% inside of natural gas. The reason to consider that natural gas trade run is because of the seasonals. I think you're familiar with them. Let me just pull those out here for all of our other viewers and listeners. And if we take a look at natural gas, we can go back a period of 33 years. And folks, what we're looking at here is a seasonal timeframe chart for natural gas. If I go ahead and de-trend, it just makes it a little bit easier for us to understand. We can see that natural gas basically forms a bottom right about now. And we're entering that favorable season. Okay. Yeah, it should be showing now. I saw there's a little bit of a delay usually. So you can see we're in that seasonals, that favorable seasonal cycle. It's not a guarantee that we're at a bottom, but we do have bottom pattern signals out there. And that would be the reason to fire away at it, Ron. But again, if you get a close below the close of a couple of days ago, it negates that signal. It doesn't mean that a new one can't form because they would become bar number seven of a TD9 count. And that says you could get a bottom between tomorrow and Friday out there. But to answer your question, do we have a signal take a long position inside of natural gas on a daily timeframe? The answer is yes. Is there something? I'll buy some today and maybe walk in a few more tomorrow if it's heading up. Okay, so let's do this. I appreciate that very much. I appreciate your time, sir. Yeah, you bet. And Ron, thanks for calling. Much appreciated. As always and sorry that I was just trying to get you to call. That's what I was doing. I'm still holding on my GRRRs. Oh, good, good, good for you. So we'll see what happens on those. Anyway, they got warrants out there, go out about five years for six cents, exercisable in a buck and a half. That'd be like a long-term call option. That'd be a lottery ticket. That would be a good lottery ticket. Yeah, lottery, right. Okay, thank you, sir. Okay, you bet. That was Ron in Denver. Now, I did pull up the 30-minute timeframe chart, folks, for natural gas just for you to take a look at. Form that nice TD-9 count pattern. Price pulled back and held supported spray count level to buck 63. So another signal really for Ron or anybody else to go ahead and consider taking that long trade out there. Price for the close below that. That would say we're headed lower out here. So as long as price holds at buck 63, it's still got that. And you'd love to see a close above 1.682. Steve Rhodes with TFNN, be right back. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys and 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. 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. 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 we? 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. All right, folks, folks, I'm told we got to look up Caitlyn and Clark Highlights. She's an Iowa junior. I'm sure we're going to see some pretty amazing basketball stuff that she does. So good for her. And I'll definitely do that after the show. We'll take a look at BKTX. This is Viking Therapeutics. It has been one little rocket ship out here. It's gone from $2 up to $36.44. We're trading right now. And on Friday, it completed the TD9 count top out there, Dan. So what price should do is pull back to test support, which is around $32.26. Now, you also have a Wave 7 top that's in place that needs a lower high to confirm that pattern. A close above Friday's high on BKTX, which is $37.22, would negate that signal and suggest we move higher. The weekly timeframe and the monthly timeframe chart do not have topping patterns. They do have A to B equals CD patterns. And those would require some type of bearish reversal can to confirm the top. So it looks like we get a short-term pull back towards the 32.26 level before it gets ready to take off again. That was BKTX. Ray and Sarasota, watch, take a look at Nordic American tankers. And that's not what I have up on my screen. Why did that do that? Oh, boy. OK, well, let's go back to this request out here. URA, this is for Lee B. And then we'll get back to Nordic American tankers. Lee, you're looking to add to this. I'd say today or tomorrow. Because this is a wide-ranging bar to the downside, let's wait till tomorrow. I don't see any bottoming signals on an intraday chart. So if you would be kind enough to get back to me tomorrow, just remind me, I'll try to leave that up on my screen just so that we do it anyways. But you're looking to add to your position. You should get a TD9 count pattern that confirms today and completes tomorrow without any bottoming signal on the intraday chart. That's why we go bear, but go come back to tomorrow. Nordic American tankers for Ray in Sarasota. I think Ray was looking to support. He just wants support and resistance. So Nordic American tankers, it's trading below support on the daily timeframe. That becomes resistance, which is 429. It's trading below support on the daily timeframe in Saucer and Chainsaw, which is 424. That suggests it moves back towards its recent lows. Support and resistance on the weekly, support 389, resistance 431. On the monthly timeframe, support is 398. That's support 1. Support 2 would be 351. So we got that in. Perfect. Hey, folks, thanks so much for joining me today. Have a terrific Tuesday. Stay tuned for all the great programming. I'll be back with you on wonderful Wednesday. Have a great day. Be safe out there. Take care.