 The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes. All now toll free at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now Steve Rhodes. Good afternoon, folks. Welcome to the June 7th. 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 is having a great day. Hey, let's make sure we have an extraordinary one. And 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 a gift in every set of circumstances 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 one o'clock in the afternoon. I do want you to know I'm absolutely grateful for your presence here. More important than that, though, and that's this. During this next 60 minutes, I'm here to serve you. So feel free to pick up that phone. You can dial on in at 877-927-6648 if you can't dial in. Hey, we've got you covered there, too. Let those figures do the walking. No, don't let me the bird. That means send me an email. Send it to Steve at tfnn.com. And inside the subject heading, please put a radio show question. Of course, in our Tigers. Well, any in 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 last show. Most of the U.S. Indices trade to the upside, Dow's up 72, two tenths. The same with the S&P, which is about 10 points. And Nasdaq the same about three tenths or 35 points. Russell's up 12. Summai's up nine. It's the trendies that are the little loser out here down two tenths or 26 bucks out there. You've got the spot volatilics that is trading lower. Gold's up nine bucks. Silver, 10 cents. Light's recouped is off 28 pennies. Natural gas is flat. Third of your treasury is up one point, basically, at $137.19. Dollar wise, leading to charge the upside. You've got Mon, God, me, whatever that is. It's up about 20 bucks. Mercado, Lube is up 19. Arch resource is up 15. Shopify, 13 and Marata, Marathi therapeutics is up by 12 bucks. That's 30 percent to the downside booking holdings. Thirty two bucks a little over one, three tenths percent. The equinix is off 18. Pool Corporation out about nine. American Tower's off seven and Cracker Barrel. How can Cracker Barrel be down? It's off six dollars and 41 cents. That's off six percent out there. So let's begin with the charts that really may and that are the most important, I believe, from a timeframe standpoint to watch and observe today. And that's really, you know, as I mentioned to you, I go through a multiple set of timeframe charts out here looking for to see if we can find some synergy, synergy in the waves that they're moving in. It's like being on the ocean and being a surfer out there. You know, you got just different cycles. And so today's cycle is brought to you courtesy of the 120 minute timeframe chart. Let me show you what I mean out here. And this is for the equity futures. What we're talking about. So let me be very specific. What I mean here is if we take a look at three of the four form TD nine counts earlier this morning, the key threshold level. This is for today for tonight is 40, 85, 75. If you see a close below that, that's going to suggest lower price. Now the ES mini that's upper left hand corner held the TD nine count bottom and price found resistance very close to the top of that profile 41 40. So that's the key resistance level. If the ES mini close above 41 40, it will make a run to 41 68 25. That's the TD nine count breakdown resistance area. The NQ actually closed just slightly at eight o'clock just slightly below its TD nine count. So really cutting the gate of the signal nonetheless out there because it was closed below 12 470. Nonetheless, what we saw out here is we saw the NQ bounce up and find resistance at the top of its profile, which is the 120 minute timeframe is what I'm referring to. And that is the price point of 12 640. We're trading 12 650 or 12 649 right now. Now here's the deal. This bar does not close until 2 p.m. So it'll be what's the close look like as we are getting off the air prices above the top of that profile. That suggests a run up to 12 810. Don't know if price could take out 12 810, but that's where price would be targeting inside the Dow equity future contract also for this timeframe. That's at 32 947. It's still possible that that could or would hold. We want to go take a look at the short term timeframe chart. See if we see any kind of signals out there, but here's the deal if at two o'clock or when your favorite polar bear is coming on the air, prices trading above that 32 947 level, then the Dow is telling you it wants to make a move to 33 229. We did not get the same pattern TD nine count that is on the right hand side. So that's what I'm referring to. That's what I'm referring to. That's what I'm referring to. That's what I'm referring to. That is on the Russell 2000 on charts out here, but this is where we've got the most synergy with regard to bottoms that have held and resistance levels that have held. And that makes things kind of easy peasy if this market is really easy peasy, which it's not. But at least we have a good frame of reference with regard to what the equity futures are doing out there. So now where we go to next great question. Why don't we just switch over and just take a look at the daily timeframe out here because sometimes it's good to get a little bit larger perspective on things. So we'll switch over to those charts as soon as I can find them. Here we go. Now we've got our the four equity future contracts for the daily timeframe. Well, what do we really see out here? We saw over the last four, five, six trading sessions. For the most part, nothing but a sideways move when you take a look at that ES mini chart. So no reason to think that that's going to be different. That doesn't mean that we can't rally into those levels that we took a look at out there because we most certainly can especially price is able to close above those resistance point. But really if you look at the end cue, sideways move, Dow basically a sideways move. The Russell 2000 is really more sideways to hire out here. So the Russell 2000, it's the strongest of the four. What do you mean jelly bean? I mean, the Russell 2000 has already traded above yesterday's high. Now it's also traded below yesterday's low, but this is the only one that is traded above yesterday's high out here. So it is the strong indice and maybe we should go take a look at the Russell 2000. See what it's communicating to you and I. So to do that, we'll go over to our multi timeframe charts out here. Let's get the Russell 2000. We're going to be rolling over contracts here shortly, but let's take a look at the June contract, see what kind of other signals we might get from its intraday time periods. Now it's going to take just a few moments to go ahead and populate out there. The daily is what's going to be in the upper left, but we've really kind of taken a look at the daily. So just curious, what's the five hour chart showing us here? What's the 60 minute chart out here? So on the five hour timeframe chart, let's just expand this out. Price right now is taking on a TD9 count breakdown resistance level of 1897. It has triggered a rogment to indicator signal, but it needs a bearish reversal candle to confirm that top. We don't have that. I can see an A to B equals CD. So price is able to stay above 1897.70. It would suggest to move to 1933.20. That's courtesy of the five hour timeframe, the 300 minute chart. We've already covered the two hour chart, 60 minute chart, what do we have out here? Just see what else we've got, any resistance area. Just getting back to some prior highs out here for back about six o'clock in the morning on the 30th of May now. So price can clear that level. That would be a strong message. So don't really see other than the 10 minute chart that did have a nice little TD9 count top pulled price right back to support. That was the top of its daily profile. So the 10 minute chart is very strong as is the five minute chart out here. So what the Russell 2000 is communicating to you is there's some resistance up ahead out here, but we're not seeing any kind of a topping signal to suggest that price can't try to plow through that level. Let's switch here from the Russell 2000 and head over and take a look at the NQ. Well, we're not gonna have enough time because we're going to a hard break, but we'll take a look at that unless we get some calls or some other requests out there. Of course, I wanna take a look at what you wanna look at and Nancy wants to look at Apple. So we'll get that set up and I see we've got a question here from Eric from Dennis and from Michael. So thank you guys for sending in those emails. We'll certainly get to those questions. Steve Roach with TFNN, look great then. Booming inflation, we are purchasing powers eroded. There's no better place to protect your harder and money than in gold. This is the gold flagship asset is the Monk Todd Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in the T1 mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. This, the gold just completed the Mount Todd feasibility study which resulted in a 7 million ounce gold reserve in a 16-year mine life. All of this combined with the approvals of all major operational as well as environmental permits. This distinguishes Mount Todd as an attractive, diverse party, ready-development stage gold project. This is the gold trades on the New York Stock Exchange under the symbol VGZ. Steve Roach 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 Roach 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. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years, a frequent contributor to TD Ameritrade Network and CNBC. Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights today and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN, educating investors. Toll-free at 1-877-927-6648 internationally at 727-873-7618. Welcome back, folks. Now it's up 115 S&Ps up 14. You know, a lot of movies out there they've got these great scenes or great, what's the, what is I'm looking for? Phrases, if you will. Like for example, I Feel the Need for Speed. Most people out there that have seen the movie Top Gun would be easily be able to say, yeah, that's from Top Gun out there. There's a great Christmas movie that features Cameron Diaz, Kate Winslet and Jude Law out there right at the holiday. And Kate Winslet, there's logistics in my mind or what have you and when she says I'm looking for corny. Well, how did I segue into that? Because we've got John on the line from Philly and I believe we're gonna take a look at corn. Now, not saying, John, that you're corny. I'm just saying we're gonna look at corn out there. So thanks for calling. How are you doing this afternoon? Well, Steve, I am just flow mixed here. I have never heard anybody mention my name in the same breath as Kate Winslet. Okay, perfect. I don't know what that means, but that's pretty cool. That's a good thing. Yeah, it's a good company. You keep good company. We'll leave it like that. So I believe you wanna take a look at December corn. A few things you wanna take a look at, I think. So December corn is one of them. Is that correct? Yes, Steve, thanks very much. Yes, I'd like to ask you about Dees corn, November beans in July, Kansas City Weeks. Reason being is that Steve, up until last Thursday, I was flat all three. Okay. Book gains on each of those in prior weeks when we're up near highs. I re-bought wheat last, re-bought corn yesterday morning on a dip. Okay. And I bought the November beans a couple hours ago. And you can see on the corn and the wheat have pulled back. The wheat is probing, excuse me, soybeans are probing highs. In that ladder, I see the potential for a weather-driven building cause jump the creek rally ahead. And just to let you know, we've come into the heart of growing season now. And planting is just about done. The Kansas City Week, the Southern Plains wheat crop is made, it was destroyed in the past couple of months by drought. So that much is already known. What the corn and soybean crops will be, come harvest time, now we're totally weather dependent. And then we've got that added uncertainty over Ukraine supplies. But these corn, November beans, wheat, I'd like to ask for, tell me where you see resistance as these things start to rally if they do. Sure. So it's pretty easy with regard to December corn, the first resistance level, in essence is where it hit today's high, which is the green oscillator and change line. So first of all, let's come back to take a look at December corn, which formed a nice TD9 count bottom on June the 1st. And it did that on the bar following bar number nine out there. And I believe it might've been the next day you said, might've been June 2nd that you took a long position there. So very much supported by that TD9 count. Now you have a new profile that has formed out here for corn and the bottom of that profile is at 687.08. So that's your support area. The first resistance level, this is a bull structure profile. So typically when you get above the center of that profile, and I mean a close above it, and that's at 707.38, you get a run up to the top of that profile box. That's at 727. John, you've got a resistance level, which is that green oscillator and change line. And that's at 720.65 right now. If price can close above, let's say 721 out there, that's gonna be a very bullish signal. But then you've got one last battle, at least on the daily timeframe. And that's at that 727, we'll call it 728. If price can clear that, then what price should do is run to its TD9 count breakdown resistance level. That's up at the 760.50 level. That's the daily timeframe chart. I know that you're in the tiger's den, so you can see this chart. Do you have any questions about what I've shared with you so far? That's all we need, the daily chart alone. So prices, got the parameters, check on corn. Let's go on to beans and Kansas City Weeks. Okay, so we've got ZS, we've got the November contract out here. So this is gonna take just a few moments here to populate. I'm gonna just, while we're on the phone and this is populating, I'm just on the line here, I'm gonna look at my black background charts out here and just see if there's anything that pops out to me for November. So nothing yet, what I see on my other charts is that prices trading above profiles, daily profile levels out there. Here you're gonna see that shortly, prices above its green oscillator and change line. So we're gonna open up this chart here. This is November beans. I don't believe we're gonna see a resistance level out. Well, so resistance would be, there's really two, let me see here. So resistance, the interesting thing, John, is that all the way back, and you'll love this, this is courtesy of a Saratoga Bob and of course, his finding in the use of wave number seven from the Chapman wave. But back on February 24, 2022, that was wave number seven. And it also turned out to be a shooting star and a bear sash candle. So that is your resistance level. You already knew that though. I know you knew that. And that's up at the 1555 level. So price should target that. That's the level of resistance. There's also a little bit of resistance on the evening star candle formation that formed, it was really a three bar candle formation culminated on May 31st, that resistance level 1560-50. So those are your resistance levels out there. I see an A to B equal CD to the upside out here. The A to B equal CD starting on May the 1st. Now, or April the 1st out there. I'm off the, I have an A to B equal CD tool on the other set of charts out here. So I'm gonna go ahead and just simply put that into the system and see what kind of price projection. So I get a one to one price projection up at the 1579 area. That does not mean that's where price is going to stop. But if you get a price can clear the 1555, then you've got 1579-50. And because the retracement level, this B to C retracement level out here was less than a point, less than a point 618 retracement area. Is that the one that I'm using? No, hold on a minute here. I've got my apology. There's a different, there's several A to B equal CD patterns out here. So let me go to a little bit larger one. I think it's going to give us- As you're punching that up on your chair work and I'm watching right in the tiger's den on discord. So I'm seeing everything you do, but just let me alert you and your listeners to why I'm asking this now. Other than the Southern Plains drought that has been in existence for the past 90 days. So that's old news, destroyed that crop. But now as we're coming into the heart of growing season and the corn belt, the west and the east, planting was a bit on the slow side, but it's caught up and conditions right now are A-OK compared to average. The first shot of real heat is forecast to come starting next week. And so I am just being very prepared with facts and figures in the event that hot weather turns into truly adverse weather and prompts buyers to take control and price to go crazy. I'm not forecasting that. Sure, sure. But I do want to be prepared. Should that occur? Hence my reason for asking you about this now. Perfect, perfect. We're gonna come back with John and Philly. We're gonna take a look at soybeans and anything else that he's like. Steve Rhodes with TFNN, we'll be right back. If you wanna take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metal sector as well as the markets that move gold, which is the currency and bond markets. News subscribers get a 30 day money back guarantee so you have nothing to lose. Every Monday morning I publish the Gold Report with coverage of gold, silver, bonds, the XAU, HUI, GDX, as well as more than 30 different mining equities. To see for yourself the types of profitable trades that are recommended within the Gold Report, sign up now by visiting tfnn.com. Don't miss out on the next great gold trade. Sign up today. TFNN has just launched their new trading room, 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. And now they are expanding their reach with the Tiger's Den, available to all Tigers and Tigresses for just $1 for the year. There's no cash or added costs when you join our community of traders. In the Tiger's Den, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other Tigers and Tigresses as they share trading ideas, news analysis and discuss the market action all trading day, even at night and on the weekends. The Tiger's Den at Discord is accessible on mobile or tablets as well. So it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of tfnn.com. Tom O'Brien has just announced a live Timing the Trade webinar Friday, June 10th from 9 a.m. until 2 p.m. Eastern time. Join Tom O'Brien for five hours of live education as he teaches you his trading methodology right from his best-selling book, The Art of Timing the Trade, Your Ultimate Trading Mastery System. In this live webinar, Tom O'Brien will be teaching you his entire trading system, including quality volume, ABC structures, Fibonacci confluence zones, cause and effect, swing points and more. We'll be limiting this class to 40 attendees, so please do not delay and reserve your seat today for this special live event with Tom O'Brien. All attendees will also receive a physical copy of his book, The Art of Timing the Trade, an $88 value, mail to you, along with a free month of his daily newsletter, Market Insights, a $169 value. For all the details and to reserve your seat today, visit the front page of tfnn.com. Tfnn Educating Investors. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. Welcome back, folks. We've got John and Philly on the line. We're talking soybeans out here. No, I put them, and we're talking A to B equals CD patterns as well to the upside. So I put them monthly, the continuous contract on my chart out here, John. And I don't know what the all-time high is. I think it's like 18 bucks or so, but it looks like we're headed to a new all-time high in the $20, $21 of bushel or so. And here's how I come up with that. First, we take a look at soybeans. Soybeans here, on a monthly basis, formed a... Oh, sorry about that. They formed a TD9 count top, and they did that the month of April of 2021. And that led to a pullback in a retracement to its bowler-structured monthly profile. That's a level of support. And that held, and it's since taken off from there. We've gotten above that swing point. That sets up a longer term A to B equals CD to the upside. And that gives us this about this 20, 50 of bushel or so price projection. That's on the bigger picture. If we take a look at the daily timeframe, as I mentioned there, there's a couple of different A. There's so many A to B equals CD patterns here that we could select. I've chosen two of the conservative ones. We identified the resistance level, which was the high from February 24th, as well as the high from May 31st. So if those highs are cleared 1560 or so, that's gonna suggest a move to 1579 or 1604. John, either of these charts here, do you have any questions of? Do I need to put the monthly backup? Tell me what you need. Very complete. I thank you. I'm going to sign off. If you could just put up the July, Kansas City, Wheat Futures daily chart, that would be helpful. I'll take a glimpse of that as I sign off. And just one last comment for you and your listeners, and frankly, most importantly to myself, we've had a massive bull market in grains and speculators are heavily long. If anything happens, like particularly good, summer growing weather, or some sort of temporary or permanent resolution over there in the Black Sea, think Ukraine and Russia, any of those or others that I, other factors I can't think of. Dramatic, very, very quick, 20 to 30% price declines are not impossible. So this is a situation of danger, any which way we cut it. So thanks for all those details. I appreciate it, but that July, Kansas City, Wheat daily chart would be helpful. Thanks, sir. You got it. Thanks for the call that was John in Philly. And so with regard to, first with regard to, I'm gonna do a couple of different things out here. Here is the July contract that John did go long on. Now, what we see here is, and this is a perfect example of the tools that I use to help us identify tops and bottoms. Now, that does not mean that these patterns are present at every top and a bottom, it just means when they are present, boy, they alert us. And so if we take a look at the July contract, this top with a TD9 count and Roadsman to Mindicator top, that then took price all the way back to its breakout level. Now the breakout area is at 1123.25. I can guarantee you, John, in the Tiger's Den, any of the TFNN contributors, myself included, would never have picked out 1123.25 as the breakout level. And that's the beauty of the TD9 count pattern. Gives us multiple tools to assess what the market is communicating to us. This formed a TD9 count bottom. It does it on bar number eight. Now what price should do is make its way to its oscillator and change line. That's at 12, 10, 15. However, there's a brand new profile that formed today. So John, if you're asking where are the sellers residing, right now they're residing at 1195.60. If price can clear that, you've got another potential group of sellers at about 1210, that's at oscillator and change line. If you can clear that, or not you, but you know price, you know how I'm discussing that here, then you should get a move up to 13 bucks. Even Steven, that's the TD9 count breakdown level. Just like the TD9 count breakout level with support, breakdown level can also be resistance out there at 13 bucks. So I think that covers what John needs out here. I don't really think we need to go into the black background chart. So again, I appreciate the call and thanks for that. So let's go to our next question. This one came in from Nancy. Nancy wanted to take a look at Apple. So we're going to switch over to our other screen out here momentarily and take a look at Apple and go through what is communicating to us with our multi timeframe set of charts. Monthly timeframe, TD9 count top took price back to support. Bottom of its full structure, monthly profile, 140, 48. The move lower may be over. I wish we could say, well, we got an A to B, we got a Gartley buy pattern looks like on the weekly chart. Let me just confirm this here, confirm it this way. So we'll draw the A to B line out here and then I'm just going to simply take this and add this to the seeded, well, I don't even have to do that. I can already see that we have a confirmed Gartley buy, Gartley buy pattern out here. So Apple's giving us a Gartley buy and that makes a whole lot of sense because we got the same thing out of the NQ out there with regard to a Gartley buy pattern. Now, because we have that bottom, what price should do in Apple Nancy? Again, we're looking at a weekly chart. It's mosey on up to that oscillator and chains on that's currently printing at the 157, 29-ish area. That's the weekly chart. The daily timeframe chart out here inside of Apple, it's got an A to B equal CD to the downside as well. Price right now is just dealing with its has market profiles. The resistance level, which is taken on right now is at the 14805. Now, I would have thought that I did think because price closed above the top of its daily profile on May 27th and then the following three trading sessions that we had a real break up. But back on, I think it was made up on Friday, June 3rd out there. Yeah, June 3rd, we had price dipped back below. But if we get back out of it, it was just normal retracement that might be setting up quite frankly in A to B equal CD to the upside. The reason I say may is because we have to get past the B point and that's actually labeled here as B part of the Chapman wave tools. If price is able to take out that high, 151.74, then you'd have an A to B equal CD pattern. No reason for me to draw that in right now because we don't have that as we speak. As far as volumes are concerned, I'm gonna go off of the screen here that you're looking at. Let me type in Apple because price is trading into that swing point or into a swing point. I just wanna see what kind of volume the swing point I'm referring to inside of Apple is from the trading session of June 1st. 74 million shares. So you're trading into it already with 41 million shares. It's a four hours into the trading session. So it's gonna be a close call, but it is pushing Apple, is pushing what seems like mathematically pretty similar volume. Not light volume or not substantially lighter volume. Of course, I don't know what the next two hours will hold for Apple. Let's see if there's anything else out here that we can share with Nancy that's worthwhile. As we look at the intraday time period charts out here. And there's just nothing that's really sticking out at me. So I'd say that today's battle for you is the top of that daily profile. And that's at the 148.05. If you clear that, the signal is that Apple should continue to move higher. So I hope that helps you out Nancy. Thanks much for the request. Let's go to a couple of requests that have come in by email, first one coming in from Eric and Eric is from Naples. Hey Eric, nice to hear from you. Naples, what a great, what a great city. First of all, I love Naples. I'm over there quite often. And I love the gas prices compared to what I pay over here. But your question is, can we take a look at UGA? UGA we most certainly can. What I need to figure out is what is, you don't really need to figure it out. It doesn't really matter once the charts pop up on the screen, we're agnostic to it. But this is the U.S. gasoline fund out here. Trading right now at the 7620 area. And gosh darn it, I hate this new Apple Man, oh man. With the way that, you know, some update and just simply the way that this works with the emails that are open, it used to be so easy for me to take your guys' emails and in any event. Here we take a look at the UGA. So what is it doing? When we take a look at a monthly timeframe chart we've got no topping signal. Your bar number seven suggests to move higher. And I will tell you, I looked at gasoline futures this morning, the seasonal pattern. I can't put that up here. But what I can share with you is that it's suggested that we continue to move higher. The weekly chart says the same thing now the TD9 count pattern on the daily timeframe says hey, hold your horses out here. There could be a little bit of a retrieve. We'll take a look at that when we get back from this break. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa, and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. 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Visit Direction Investments.com slash Biotech today. An investor should consider the investment objectives, risks, charges, and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact Direction Shares at 866-476-7523. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four-Side Fund Services, LLC. This program is brought to you by VistaGold, traded on the NYSE American and TSX under the symbol VGZ. Welcome back, folks. So we take a look at the U.S. gas fund out here in the daily timeframe. We see a confirmed TD9 count top that was confirmed yesterday. Price has gapped to the downside and it's trading below its oscillator and change. Now that oscillator and change line is green and a close below 76.56 a day suggests a further retracement. We'll take a look at further retracement to where. On the daily timeframe chart, there's no support until you get down to 68.51. So that would be a pretty decent move and then the breakout support is at the 66.77 area out there. Now I'm not saying that price is gonna go there just yet. How are we gonna know if price is headed there? Well, that's pretty easy and the reason I say that's pretty easy is because we've got a nice little TD9 count bottom on the 30-minute timeframe chart that formed above breakout support or a breakout support level of 75.19. So here's the deal, Eric, and that is if you see a close below 75.19, that's a signal that we had lower, probably an A to B equal C to the downside on the 30-minute timeframe chart, but you've got a valid bottom. Price to consolidate with inside the 30-minute profile. It should make a run for the 77.01 area and if price can close above that, then you're looking at 79.23. So right now you do have a bit of a, you do have a top that's in place for sure and I'd watch the 30-minute timeframe chart for future signals. I do hope that helps you out. Thanks much for taking the time to write in. Dennis G writes in and Dennis wants to take a look at ESTE. I see you've got a second instrument request out here. We'll see what we can do to get to that as well. ESTE, I don't know if that's STA lauder, I doubt that it is, but nope, it's Earthstone Energy. So Earthstone Energy is trading out at 2188. It's trading above the top of its daily, weekly, monthly profile. The question is what's your long-term outlook for ESTE? So for that actually, you're asking for a long-term outlook. We're just gonna focus in on, I suppose the monthly time, well, as I, there, I'm not gonna do that. I'm just gonna give you the monthly, weekly and daily. Monthly you're in bar number eight of a TD9 count. So we know that a top can form on bars eight, nine to the bar following nine out there. So how do we know if this is gonna be a top right now? Well, we look to the weekly chart to look for some type of signal. Well, the weekly chart then shows us what shows us there. We are in wave number seven, letter G. Now, that requires a lower high to confirm that pattern. So you couldn't get a confirmation of that signal until next week out there. But that's a possibility of a top to go ahead and match the monthly. And now the daily is in bar number eight of a TD9 count. Now bar number nine still has to complete out here. Bar number nine just simply needs a close tomorrow with a close above 1960 likely to happen. So you may get a TD9 count Dennis on the daily timeframe chart that then should take price back to its oscillator and change line. That would be natural. That's down at the 1934 level longer. So it looks like we've got a short-term top out of the way that the monthly, weekly and daily are tying into each other out there, but it is energy out here. And so there is that fundamental idiocy of what we're doing here in the US and that could just simply keep things that jacked up to the upside out there. You asked about EE. I'm gonna do this off screen out here just for a moment. That is accelerate energy. Okay, so it's charts are different and this has not been trading for as long. So I'll just switch over to share with you what this is looking like out here. And right now price is just consolidating with inside of its daily profile. So your support level is down at 2643 and your resistance level is up at 2957 out there. You can see here, not enough data in the weekly and the monthly to do the same type of analysis that we did on EST so we won't because we can't and I'll just leave it there. So Dennis, thanks so much for taking the time to write in. Let's go to our next question that's coming in from Michael P. And this is Mike in Pennington. And Mike wants to take a look at VLO Valero out there. And so let's get that up on the screen. Let's actually put this on our black background screens for a moment. And his question is, I'm in Valero, where do you see this going to? So you're above all profile levels out here, daily, weekly, monthly. You got A to B equal CD patterns that would require some type of bearish reversal candle to confirm some type of short-term top out there. I'm letting the other charts here load. I think I might have too many days requesting on somewhere. That's why it's taking a little bit longer. We're gonna go ahead and switch screens right now and then further answer the question for Michael. What is it that our charts see? So bar number seven on a monthly basis. So don't have a thread of a monthly top as we speak. And in fact, suggest that we had higher. If we look at the weekly chart, this negated a TD9 count top and it did this week of May 27th. So this is strong like bold suggest it wants to move higher. It is the daily Michael that you want to particularly pay attention to. And that is because today is going to be bar number nine of a TD9 count. Now you can get a higher high tomorrow and that would then complete the pattern. So just watch over the next couple of days. Now retracement, should we get a retracement would take us back or should take us back to the oscillator and change line that's currently printing at 137.31 out there. So all things look good, but you may be preparing for some type of short-term retracement out there. You said you are short ARKK. So let me see if I can, I'll just get that up here ARKK. And we'll wait for this to populate ARKK. I'm gonna get that on my, that's one of Kathy Woods ETFs. So the question is this, I'm short ARKK was in the green this morning, just went to red again. How does ARKK look? So I'm gonna switch back to my black background screen show you what first pops up, which is that prices trading between trend line support and trend line resistance out here. And I'm looking at the daily timeframe chart. So in a daily timeframe, you can now see that. And in the trend line, both of those have held. So you're really in the get smart cone of silence. No idea which way this is going to break. You do have resistance at 4567. So you're short, if you see a close above 4567, then you wanna prepare for price moving to 4940. I would say it would be a close about 4940 that would have you scared because that is the top of its bearish structured weekly profile. Not only scared, I mean scared from the standpoint that being short is not the right conclusion. I'm not saying that is the case right now, but as we switch over and take a look at our other charts out here for ARKK, you're gonna see on the monthly timeframe, you have a beautiful TD9 count bottom that had formed at TD9 count breakout support 3941. If you look at the weekly timeframe, what you have is a road momentum indicator signal, but we don't have the bullish reversal candle just yet. And if I look at the daily timeframe out here, so if you did get a bullish reversal candle to weekly basis, then you'd have a second confirmed bottom, you had the monthly, then the weekly. We don't, you know, there's probably an A to B equal CD to the downside on the daily. Let me just expand this out, take a quick peek. Yeah, I'm sure there is. I would watch the top of that daily profile, 4567. That'll give you your next clue. You know, if you're on the wrong side of that trade out there to the downside, you've got support at 4038 and then at 3686 out there. You're looking for price to crack below that 3686 level. So, Mike, I hope that helps you out. Thanks so much for taking the time to write in and have a terrific Tuesday out there. So I think that's how Hector has written in, and he wants to take a look at ExxonMobil. So that's, let's get that up on our screen here. It makes your mind the way, yeah, on the white screens out there. We'll let that populate. Hector's question reads like this. Say Steve, happy Tequila Taco Tuesday, not getting anywhere near Tequila on a Tuesday. Maybe a thirsty Thursday, but not on a terrific Tuesday out there. But the question goes like this, ExxonM, nothing can go up forever. How many, however, my A to B equals, A to B equals CD up on a weekly basis has a target of 159.73. And I've got, so here's the weekly chart. Here's the weekly A to B equals CD. So I think we've got two different, well, we did. I think we've got two different A to B equals CDs. Let me draw mine in while we go to breakout here. So the one that I would draw in looks like this. The A point that I'm gonna use is down here at the low from October 26th. The B point's gonna be the high from the week of June 21st. The C point is low on August 16th. One to 1.618 is gonna take us to 106.81. And I don't see anything getting in the way of that, but we'll take a look at that when we come back to this. 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 4.00 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. 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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. So let's take a look at, sorry, multitasking out here and I'm not doing a very good job of it to tell you the truth, but TSLA, trying to get to everything. So here's the Exxon mobile chart for Hector. And this is the A to B equals CD pattern that Hector drew in here to get to the 159.74 level, the 1.618. But Hector, that is not an, that's not the correct A to B equal CD pattern to draw in. So let me try to do this here relatively quickly. We're gonna start with the same A point out here. And that A point is from the trading session of March 23rd out here. This is the weekly chart that we're looking at. Now when I'm looking for a B point, one of the things that I'm looking for is I'm looking at the, I'm also looking at the lows, not just the high, but where is there a low that also formed that hasn't been taken out? So for example, if I chose my B point out here as the high from March the eighth, then I'd have to find the next low and that might be the trading session from February 19th, but I can see that there's a lower low after that. So I can't really use that as my A to B equal CD. But knowing that this is the low right here, I know where my C point is at. It's also near the bottom of a profile, such as I've got my B points gonna be the high of this move and that's gonna be, it looks like June 21st high, then my C point is gonna be out here on August 16th. Now, here we get pretty close to 0.382 retracement. What you chose got us a 17% retracement. That's just not realistic with regard to the way that, I mean, it can happen that way, but you're really looking for at least close to a 0.382 retracement for that B to C leg out there. So here is the A to B equal CD pattern. It is still very strong. Your next price projection level is the 10843 area out there, but I do believe in the case of ExxonMobil, let me switch over and take a look at it. Today is going to become bar number eight. So you could get a short-term topping pattern ExxonMobil between today, Tuesday, and Thursday of this week. It's not a guarantee at this stage here, but we could get a short-term top out there. So Hector and everybody else, I hope that helps you out. I know there were a couple requests that came in through the Tiger's Den. I'll look through those, see if I can respond back to you individually with regard to any answer to your question. So folks, stay tuned. Your favorite polar bear, David whites up next. Tom O'Brien will take us on home. I'll be back with you on wonderful Wednesday. Have a terrific Tuesday, folks.