 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 September 22nd. That terrific Thursday 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. And let's make sure we have an extraordinary one. The easiest way to do that is to always remember that life is happening for us, not to us. That's right. When you and I make that one little two-by-four shift, it means we can find the gift. In every set of circumstances, life is going to toss at us. Not today, you and I. We're going to go check on the circumstance of these markets. We're going to 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 do want you to know I'm absolutely grateful for your presence here. The more important than that, and that's this. During this next 53 minutes, I'm here to serve you. So feel free to pick up that phone. You can dial in 877-927-6648. Now if you can't dial in, we've got you covered there too. You can always send me an email. Send that one to Steve at TFNM.com. Inside the subject heading, please put radio show question. And inside our Tiger's Den, well, any. And every ping will do. So let's go ahead and get this show started on terrific Thursday. Of course, this is Tiger. Financial news network. I'm Steve Rhodes. Welcome to the show right now. I get all the U.S. indices trading to the downside. The leader is the semizer of about two and seven tenths percent, 68 points. The Dow's off 90. That's a quarter of a percent. The S&P is down three quarters of a percent or 29 points. One and a quarter percent for the Nasdaq 100. That's 139 points to the downside. Gold is up five bucks. Silver is up six pennies. Light's recruited back about 28. Trading out at 84. 45. Natural gas up 24 cents. She's trading out at 753. 30 or Treasury. Down two ticks. 130.07 is the print there. Now lead the charge. Dollar wise to the upside. You've got Eli Lilly up about 11 bucks, nearly four percent. Humana is up six percent. A little over one percent. Huntington Ingalls industry is up one and six tenths percent or four. Buck Rooney's. Cassava Sciences. SAVA. That's a fan favorite here at TFN. That's up 10 percent. $3.70. To the downside, you've got booking holdings of 59 bucks. A little over three percent. Chipotle down 61. A little over three percent there. Ricardo Luebre about four and a half percent or 40 bucks. Backset research down 35 or eight percent. Model of the power systems down 21. Five percent. So we got some movers, but we definitely have some shakers. So where do we want to begin? I'll tell you where we've been. We'll begin by taking a look at what's going on right now. And that is the Dow Diamonds are testing their swing point low from June. This is the daily swing point that takes us back to the trading session of June the 17th. You're looking at the very bottom panel out there. Now on that trading session volume was 4.7 million shares. We've been trading for about an hour and a half. And this has done 1 million shares out there. So it looks like the Dow Diamonds are pulling back into this swing point with light volume. Nonetheless, a close below 30158, even if sunlight volume opens the door for a test of the swing point low. And that's at 296.39. What happens if we get a close back above 30158 and we deal with less than 4.7 million shares? Then the Dow Diamonds will have tested and rejected that swing point with lighter volume. The expression errors, if you can't bust them down, you try to bust them the upside. However, you and I have, we know where buyers and sellers reside because we use those TAS market profiles. The buyers were at 306.15, but they got slaughtered yesterday, prices below that. That is where any countertrend move would find resistance at about the 306.15 level. That's only if we get a rejection of that swing point. The other index ETFs, the SPIs, the Qs, the IWM have not made it all the way down there. Those are noted with those yellow horizontal lines, for example, in the SPI. It's at the 369.38 at the top, 362.17. Today's volume is about 31 million shares. The volume on that swing point is 134 million shares. So there too, it appears, it appears that we're coming into that swing point with light volume. But we're not down there just yet, so we really can't say. It's 81 million shares on the Qs net level, the first level would be 276.06. And on the IWM, that first level is at 168.42. The volume there is 43 million shares. So we may learn something from the Dow diamonds out here today. Again, a close under 30158 with volume says we go tag 296.39, perhaps take it out. Close below 30158 on light volume can go either way out there, but so close inside the swing point opens up the door to go take a move there. Now let's go switch over and take a look at what's going on in the equity futures charts out here. So begin by taking a look at the ES mini. And here on the ES mini, yep for left-hand corner is the daily type frame. You'll see that today is going to become bar number eight of a TD9 count. Bar number nine to complete tomorrow needs to close below 39.22.75. Seems like a likely outcome. So a TD9 count bottom should form for the ES mini between today and Monday. That then should take price up to its oscillator and change line that's currently at 39.10. Now there are a few bottoming patterns out here. You've got the five hour chart as they confirm Rosemont to indicator bottom. That pattern gets negated if there's a close below 37.66.75. That would then negate that signal. Now the five hour bar, this one closes at two, the next one will close at the session close. If we take a look at the two hour timeframe chart at two has a Rosemont to indicator bottom. The current fire here closes at noon again the same level that you're watching at the low. If that could stake it out, those patterns get negated. Those are the only bottom signals at the moment. 15 minute looks like it's going to go ahead and complete a TD9 count bottom. It'll do that at 11.15. That pattern will form at 11.15. So you have a TD9 count bottom. That pattern will complete at 11.30. That should then take price up to 38.72 or 37.86 or there above. That's the signal coming from the 15 minute timeframe chart for the ES mini. Let's go take a look at the Dow. Let's go take since the Dow is testing that swing point low from June. Let's go take a look at the Dow equity future contract. We'll come back. We'll take a look at the end queue out here. First, let's get a feel for the intraday signals. By the way, the Dow also is going to form bar number eight today. In order for a TD9 count bottom to confirm tomorrow, price must close below 31.117. That sure seems like a likely outcome. That suggests a TD9 count bottom should form between today and Monday. What does that mean? That means we should see a countertrend move up to its oscillator and change line. There's also, this is a bullish structure daily profile that price closed below. So it's really the center of that profile and the oscillator and change line into 31.030-ish area out there that you should expect a bounce. Now, five-hour chart here also has a Roadsman Dominicator. That makes a low overnight at 30.048 the key level to watch. A close below that says we had a lower out there. What other signals? You've got a TD9 count bottom on a 10-minute chart out here. And that's simply led to a test and rejection of that oscillator and change line. So here's really kind of the way that it works. So when you get valid bottoming patterns out here, that's another cool element about the oscillator and change line. Which I teach you if you don't know if that's a sound foreign language. Just sign up for mastering probability. You know, for 29 days cost you nothing and you will learn a ton out here. That's all I see. Purchasing powers eroded. There's no better place to protect your harder and money than ain't gold. Vista Gold's 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 a tail-one mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. 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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 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 Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing it number two for the year. An amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit tfnn.com and try Mastering Probability 30 days risk-free today. TFNN Educating Investors Toll Free at 1-877-927-6648 Internationally at 727-873-7618 Welcome back, folks. No requests so far. Either by email or inside the Tiger's Den. Let's go take a look at the NQ charts out here. You'll see the NQ also forming bar number eight today in order for bar number nine to complete tomorrow. You need to see a close below 12.45-50. Seems like likely outcome. That suggests that we should see a TD-9 count bottom complete by Monday. And again, that should take price up to its asset or change line right around the 12-0-18 area. The five-hour chart right now, and again, this candle doesn't close until 2 p.m. The lowest being taken is, well, we have price trading below the overnight lower. Really came in around midnight or 11 o'clock last night, and that's out at the 11-5-50 area. We're trading right now at 11-5-31. Looks like what price is trying to do is negate that signal out here. And if we take a look at a 30-minute chart, we can see that a TD-9 count bottom formed right at 10-30. It was negated immediately, tells you about a strong moment to move to the downside out there. 15-minute chart right now in the following bar number nine. You can watch the low of the session. That low gets taken out, meaning to close below it on a 15-minute basis. That suggests lower price. All these charts here are suggesting lower price when we take a look at the NQ. The last one to look at would be the Russell 2000. Let's go explore that. Let's take a look at its equity future contract. See what kind of signals, if anything, are being generated for you and I. So give us a moment here to get this to populate. Now, in the case of Russell 2000, today is only bar number seven. So it puts off the TD-9 count signal. We'll take a look at that. You know, maybe tomorrow, maybe on Monday is more likely the time to look at that. As we look at its other charts out here, the five-hour chart is in the process of negating the rogement of indicator bottom. You are in wave number seven. That's letter G on a four-hour chart. That would need a higher low. This got candle closes at 2, I believe. Yeah, 2 p.m. So you could get a wave seven bottom. The 120-minute chart looks ugly. As does the 60-minute chart. As does the 30-minute chart. TD-9 count on the 15-minute. That will complete a TD-9 count bottom at 11 to 30 out there. That could lead to a or should lead to a bounce up to 1741 or there about. Just a quick little relief rally there. But otherwise, everything looks pretty horrible here for the Russell 2000. So where is it that prices are headed in the four equity future contracts? Well, let's go change screens out here. We've got those A and B equal CD patterns that are typed in. I don't believe we took a look at that yet. If we did, my apology. But here's the A to B equal CD for the ES mini that we touched upon. 37, 29 is one to one. 36, 081 is 1.272. We take a look at the end queue. The one to one level is at the 11, 161, 10, 664 is the one to 1.272. The Dow, the one to one is at 29, 537, 28, 652 is more likely the outcome. Only a 50% retracement. Everything is on the left side of the C to D leg that tells you the move is stronger along the C to D leg than it is along the A to B leg in the Russell 2000. The one to one would get us down to 1683, the 1.272 would get us to 1614. We take a look at the horizontal diagonal trading ranges out here. We can see that the rising price channel was formed off of the lows in 2020. Price is now below that. This is a weekly chart unless there's some substantial rally by the end of tomorrow. But this is signaling Q and I as price should go tag the bottom of its descending price channel as well as its next horizontal trading range. And that's going to be in the 28, 908 level. Now this is a Dow chart that we're looking at. So just remember around 28, 900. As we take a look at the US indices out here, 29, 271 is the one to one A to B equal CD. So 28, 391 is the one to 1.272. So we go back and we take a look at the horizontal trading range at 28, 909. That most certainly seems to be the likely outcome as to where price is headed to. We've got a caller on the line. It is Ben in San Jose. Ben, thanks for calling. Thanks for holding. How are you today? Hey, Steve, how are you doing? I am doing very well. You're calling about the 30-year treasure, I believe? Yes, I am. And tell me what you're doing and how I can best help you. I'm sort of seeing on a daily chart an ABC down. I just bought the D point at around 128 flat. I was wondering what you see as far. Well, just basically what you see as far as resistance, support and resistance level. Okay. So we're glad to help you out. Thanks so much. So we take a look at the, we take a look. I'm going to pull up the daily timeframe chart for you. And so we've been pretty much in a straight decline. So on your A to B equal CD pattern, I know what you use for your A point. I'm just curious, what did you use for your B point? Do you know? I don't know if you're in front of your charts or not. Oh, boy. No problem. I don't have my A point in front of me. Sorry. Because that's okay. So this one is a little bit more complicated because it's just pretty much been in a straight downward move out here. So when I take the, what I would use for the A to B points, A points pretty easy. It's going to be the high from August 2nd. Then what I would use is I would use my B point. I would use the low from August 25th. And it was just really a two-day retracement. That was in the high of August 26th. And that gets us very close to your one-to-one price projection. The one-to-one price projection would take us down to the 127, 75 level out there. But if this was the A to B equal CD pattern that you were using, the one that I've thrown in here, it's less than a point 3A2 retracement. So this really tells us that this is a super strong move to the downside. And odds would favor that this would do more than a one-to-one A to B equal CD. Before I move on to any other charts, any questions about that so far? Oh, no. Looks great so far. Okay. So that's what I'm going to do here because we just rolled over to the December contract, as you know. And what I want to do is I have a set of charts here that uses my synthetic version of the contract so that we can get some profile levels. So I'm going to turn over and we're going to take a look at that. And here we've got daily, weekly, monthly time frames out there. And so you'll see the larger A to B equal CD patterns. I actually need to redraw that in here. I see that it shifted just a tad. I'll do this on the monthly time frame. The A point out here takes us back to March of 2020. The B point is March of 2021. And the C point, the high looks like it was C12-1. That was 164-22. 160. Yeah. So it's going to be the high from December of 2021. So it is already on the larger basis out here. This has already achieved the one-to-one level. It's below that area. And it's really suggesting to you and I that this wants to do more than a one-to-one A to B equal CD. And this next price projection, I use the 1.272 expansion of the A to B leg. That would get us down to about 120-21 out there. We're below profiles on the monthly. We're below profiles on the quarterly. We're below profiles on the daily. We're below profiles on the weekly. This is telling us that the 30-year treasury is likely to have lower. Before I shift to some of the intraday charts, any questions? Because this set of charts here kind of says taking a long position is maybe a little bit suspect. But we're going to go take a look at the shorter-term timeframe charts. But first, I want to make sure you've got this bigger picture out there. Now, so any questions about this set of charts and those profiles? I'm essentially just doing a short-term trade on this. Perfect. This could be just something for today or to end by tomorrow morning. Okay. I'm just looking for a slight rebound. Sure. So let's do this, Ben. We're about to go to a heartbreak out here. If you're watching Inside Tiger TV, you'll be able to see the intraday charts. And we'll come back and look for those signals for you that you need to see in order for an intraday trade to work out. Or not. Steve Rhodes with TFNM. We'll be back with Ben and San Jose for just a few minutes. If you want to 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. New 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, DXAU, 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 TFNM.com. Don't miss out on the next great gold trade. Sign up today. TFNM is excited about our new software charting program, the Art of Timing the Trade Chart. 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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 TFNM.com. Welcome back, folks. So we'll take a look at the 30-year treasure here. This is for Ben and San Jose. We're looking for a short-term trade-out here trying to assist him where a bounce could take us to. So there are really three charts out here, Ben, that I'm focused on right now from the intraday standpoint. And that's the 10-minute, the 15-minute and the 30-minute timeframe chart. All three of these charts have bottoming signals for you. The 30-minute chart has a TD9 count bottom. It's on a 30-minute bar, and it was the bar that completed at 11 o'clock this morning. That low is a real key low for you. If there were to be a closed-low, 128.03, that's the low of that session. That would then signal to you and I that being on the long side of the trade is not the place to be. So that's the first level. Because we've got a confirmed TD9 count low, what price should do is bounce up towards its oscillator and change onto the daily timeframe. And we'll call that somewhere in the 129 area. But we want to manage this thing on even shorter-term timeframes for you based upon the larger picture that you and I looked at for the daily and some of those larger timeframes. And even when we take a look at the 5-hour, 4-hour, 2-hour, 1-hour chart here, they all suggest that the price could or should have lowered. But the bounce out here that you're anticipating, first I'll go to the 15-minute timeframe chart. The first level of resistance on the move higher is going to be at about 128.22. I'm trying to use that approximation because it's really the oscillator and change line, but as price moves higher, that should also move higher. And there is a bare structured 15-minute profile. So the sellers, we don't know whether the buyers will be able to overtake the sellers, but the sell zone out here where you've got sellers is between 128.22 and 128.31. If price can overtake 128.31, then you'll get up to the 129 area. Those would be the parameters that I would be using here at this stage. Does that make sense? I don't know if you can see the charts, whether in Tiger TV or inside our Tiger's Den out there. Does that make sense? You entered the trade for a certain reason. Where were your targets? Maybe I can try to assist you that way also. It was similar to what you just said. I entered around 128.01. Okay. And I'm looking extreme for daily targets, just 129. Perfect. But I'd be happy with... I'd be happy with 128.30. So look, the cool thing here is I think you're in a free trade right now. So if it's me, based on everything that we took a look at, I'd move my stop to break even. You were going to target the 129 level. And you're looking at, this is a short-term trade. And everything that we looked at for the 10, 15 minute and 30 minute chart, support that idea out there, whether that price takes off above that. You entered into a trade for a certain reason. You got into it for a certain reason. And I'd be looking to take that trade off following your guidelines there or at least move the stop up. So if you get above one... Yeah, I've already moved the stop in the money. Yeah, perfect. Whether I make $100, $1,000, it's still profitable. So it's wonderful. Thank you so much, Steve. I appreciate the help. My pleasure. Glad that we're able to help you with this trade and have a great day. That was Ben in San Jose. Any other questions? Okay, good. I think we got them. All right. Let me just check the email. See if there was anything that came in. Yeah, there are a couple of questions that have come in. So let's get to... There was one inside the Tiger's Den though. So give me a moment here to get back to that that came in first. That was from... But Guppy wants to take a look at NVIDIA. Absolutely. Now I know that NVIDIA had shown a couple of days ago was one of the stocks that showed, I believe, an erosement diminicator bottom signal and RMA bottom signal. Let's go see if that held up through yesterday. The question goes like this. Could you please look at NVIDIA and the semis? Yep, we'll do that. You've got several long-term, highly profitable positions out here. So right now today, that erosement diminicator bottom that 4 months of September 16th is being tested. If price is able to close below 126.17, that suggests you're on the wrong side of the trade. Now there were 67 million shares that traded that day. So far today inside of NVIDIA, you're at 35 million shares. So this is moving lower with volume. But Guppy, if that erosement diminicator bottom holds out there, there's no reason to jettison the position. It would just suggest that we're in some type of consolidation with the low being the yellow from September 16th-ish and the resistance level or support level, I should say, and the resistance level being 135.82. Monthly or the weekly chart out here looks god-awful. Why is that? Well, it had a seventh wave move bottom. That is being negated. That was negated last week out there. So I don't see any bottoming signal. You are in bar number eight on a TD9 count monthly chart out here. You're below the breakout level of 134.59. Bar nine still has to complete out here. Bar nine in order to complete has to close below. That's next month has to close below 151.59 out here. So NVIDIA on the daily timeframe is testing a key level, which has that erosement diminicator bottom set up by that Bolshevik golfing candle, and it's doing it with volume. So my Guppy, as I take a look at the 30-minute timeframe chart out here, what we don't have is any kind of a bottom signal. It doesn't mean a camp bottom. It just means that the tools that I use, it does not have that bottom signal out there. So I hope that that helps you out. You also wanted to take a look at the semis out here via the SMHs. So let's get the SMH charts up on our screen out here. I don't recall the SMHs having the bottom. NVIDIA did, Intel as my recollection did, but the index ETF did not, and that may have taken a long trade, a new long trade, I should say, my Guppy kind of suspect out there. As we take a look at the SMHs, we do not see any kind of a bottom signal with one exception that is wave number seven. That has been triggered today. That is letter G. Now, in order for wave, it's a very small part of the Chapman Wave tool kit out there. It's a very cool tool. It was actually brought to us by a guy named Saratoga Bob. It used to be a long-time dinner, and Zee or John inside the Tigers Den. The two of them really kind of developed this tool out here with wave number seven. Now, in order for wave number seven to confirm, you have to have a higher low. So the earliest confirmation you can get on that would be tomorrow. That should then take price if that takes hold up to its oscillator and change line. Just like we took a look at with Ben and take a look at a 30-minute time frame chart for its TD9 count bottom out there. It works the same way with any bottom signal that price will typically make its move up to the oscillator and change line. What we don't know is whether that price can take that out. So the SMHs, if it does confirm a wave number seven bottom, should take price up towards the 203.29 area. On a weekly time frame chart, price is sitting at support or near support the bottom of its weekly profile. On a monthly basis, there's really no bottom pattern out here. And the price is below its breakout level of 216. Does this mean that the SMHs are headed to 126.11? That's potential. Typically you break below one support level. You go to the next support level out there. The only support that we've got right now on a monthly time frame is down to 126.11. So for the SMHs, now there's an A to B equal CD to the downside pattern out here as well. So a bullish reversal candle would confirm a buy the D point pattern. On a 30-minute time frame chart out here, if we take a look at this, we have no bottom signal yet. Bar number seven. But you've got to see lower lows in order for a TD9 count to form on the 30-minute time frame. That helps you out. We've got to be both with regard to the SMHs and NVIDIA out there. Okay. So no more questions I see inside the Tigers then, or if there was one, and I overlooked it, if you'd be kind enough to retype that in, that would be great. Let's move on to the two questions that have come in by email out here. The first one coming in from Nicholas A. Nicholas up. Good morning, Steve. Would you mind going over the SMHs? Are they close to a TD9 count bottom? So the answer to that question specifically is no. They are going to be in bar number three of a TD9 count. I think you'd have a great day. So you do have that potential wave seven bottom out there. That's the only bottom signal that I see potentially inside the SMHs. But of course, Nicholas, you'd also be looking for the potential of a bullish reversal candle. That could confirm or would confirm a buy the D point pattern out there. So we get back to this breakout here. We've got our next question. Looks like it's coming in from David H. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all for daily market overviews that give you direction. You might find that it's not so impossible after all for daily market overviews that give you direction. You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices, selective stocks and commodities. Subscribe to the opening call newsletter at tfnn.com. 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 in stock prices. Get the opening call newsletter and customers 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. The technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. 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He's looking for a buy point out here and if price is not trade lower than swing point, the low of 371 is this stock of buys looking at September 8. So September 8, he's looking at this swing point right here. The volume on that swing point is 15 million shares. So far today, the volume is 4.5 million. So 4.5 million, 2, 4.5 times 3 is going to get us into the 13 or 14 million share close to the 15 million share. So it's moving to that swing point of volume. Your question is if price tests and rejects that swing low, does it not lighter volume, is it a buy? My answer is going to be probably not. Probably not at price close below 379. Now I say probably because this would be the first day below the bottom of its daily bullish structured profile. A second consecutive close below 379 would say, okay, that move to the downside is real and this already has a confirmed A to B equal CD to the downside pattern. The swing point that was taken out with volume is the swing point for back on August 23rd. There was 9.7 million shares there. When that was taken out, there was volume of 9.9, there was volume of 11.7, there was volume of 8.2. So this thing has a confirmed A to B equal CD down pattern. And I think your buy is more likely in the 322 level which is the bottom of its weekly profile and approximately where the 1 to 1 A to B equal CD pattern would complete that. So and yeah, so I don't think David at this stage here we're seeing some kind of a buy signal. Now, of course you know if we were going to see a buy signal we'd see that first on an interday chart out there in a buy signal meaning it's testing, rejecting the swing point on light volume. So let's look to the 30 minute time frame chart. We do not have any kind of buy confirmed pattern. We can't see prices testing that area from back on September the 8th out there. Now the volume on a 30 minute basis, that was 1.4 million shares. As price has been pulling back into this area we first had 950,000 then 808, the current 30 minute bar which finishes in 15 minutes is 329. So price is pulling back in this area with a little bit of a greater volume out there. Maybe that leads to a bit of a bounce that bounce baby takes up to 382 could even get you up to 396 but do I see this as a bottoming pattern inside fuel cell technology knowing that you have a confirmed A to B equal CD to the downside and potentially a close below a bull structure profile. I think the answer to that question David is no. I don't see that in the accords not just yet. So I do hope that helps you out. Rahul and Nancy inside the Tigers down want to take a look. So let's go pull up with those charts. Nancy's specific question is any chance of a bounce by tomorrow and if so where? So let's get these charts here populated. Let's get the Apple charts are populated and for Nancy, what we're first going to do so in the case of Apple right now it is testing its swing point low. So here's the interesting things. Is this correct? Okay, hold on a minute here. We pull this up on my other chart. It doesn't look right, but maybe I'm missing some data. No, it is correct. So what Apple did not do yesterday. Nancy and Rahul is the gate. It's a by the D point pattern out there. It has not taken out that hammer candle from the trading session of September 16th. So Nancy that's a first positive that says there is a possibility. So prices testing that swing point is testing the high of that swing point. The high of that swing point for Apple is 15135. The volume on that bar was 162 million shares today. So far in the first couple hours and 15 minutes worth of trading is 37 million. So if we take 37 basically we're at 105 to 115 or so million shares versus 162 million shares a price closes above 15135. Then the answer to your question Nancy is yes, there's a chance. The reason there's a chance is because we would have that test rejection of that key swing point and Apple still has its by the D point pattern. Your question is where could price take us to. Well I would use the oscillator and change line as my first price target and that's around 155 and change. It's going to change as price goes up and down. So use 155, 156 if price get above that then the real resistance level has been tested twice now yesterday in the day before is 15790. That is where it's going to get us in the position. So yes, it does appear that Apple could bounce out there. I like the chart here for Apple as we look at a 30 minute timeframe chart what's missing here is some type of bottoming pattern out there. Perhaps this will get to a TD 9 count bottom it's in bar number seven right now. You still have to take out the lows of the day in order for that to happen. So that's something that you could look for is a TD 9 count bottom and then of course you want to see price go above that swing point high out there. So hope that helps you out with regard to Apple. Rahul's question was also just take a look at Apple out there and I don't really have anything else to add to the analysis there. So Rahul and Nancy I hope that helps you out. Rahul wanted a threefer and that was Netflix as a second request out here. So let's get those screens populated on our screen. Those screens populated on our screen. Yep, Stevie is Stevie is about to teach a English class. Grammar for sure and that'll screw up a couple of kids. So let's take a look at Netflix. Now to take a look at Netflix on a daily basis out here Rahul there is a confirmed rosement to indicator top. That took place yesterday but the signal really that the charts are given to you and I is more neutral. Neutral because price is trading above its green oscillator and change line. As long as Netflix holds 237.96 approximately there and the signal is neutral but you got resistance certainly at the 246.76 level. If price closed below 237.96 then the rosement to indicator top and also as a TD9 count top is suggesting to you and I that Netflix should go target the 226.48 to 229.01 area or get back to its swing point low that's out here. That's back from September the 6th. That's what I see when I take a look at the charts for Netflix. Let's go take a look at Amazon. AMZN that'll clear out the request here from Rahul and so Amazon as this populates this is telling us what you lost the video feed well Mr. Bill I'll go back and take a look at Apple chart maybe spotted something that I overlooked and if so I'll we'll get that resolved out here Amazon bar number eight is going to form today so this could be forming a TD9 count bottom form between today and Monday out there. If we get that pattern which is likely tomorrow's bar has to close below 124.66 in order to generate bar number nine then what we think is that price should move up towards a 125.08 area. That's the bottom of the current profile and approximately where the daily oscillator and change line is act. So that's what I see when I take a look at Amazon. Let me go back to the Apple charts here and then read the question or comment that Mr. Bill put in there. Here's my wingman he says Steve not taking out the hammer with a bullish engulfing on the daily Apple. Well the hammer yes so it has not taken out the hammer candle that's the swing point low so that the bar from September 16th is the swing low on Apple. That was a confirmed the confirmation of a by the D point pattern. It was more than a one to one A to B equal CD. Yes it was secondly confirmed by the bullish engulfing candle. So support for a bullish engulfing candle. Mr. Bill is the low of the candles at its engulfs which in this case here is also the low of that hammer candle. So right now we're just looking at the test and rejection of that hammer candle low because that's the swing point. And Nancy what I said is Apple then should bounce up to the 155.66 ish type area maybe 157.19 will be right back. This to gold owns and operates the largest undeveloped gold project in Australia the Mount Todd Gold project. Mr. Gold just completed their feasibility study resulting in a 7 million ounce gold reserve. Mr. Gold has all major permits approved and has retained C. I. B. C. Capital Market Assistance in evaluating alternatives and in completing in a creative transaction. Mr. Gold trades on the NYSE American and TSX under the ticker symbol VGC. Mr. Gold executing a strategy to create share holder value. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. 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Subscribe to the Fibonacci 24-7 newsletter today TFNN.com Educating investors TFNN has launched the Tiger's Den Hosted at Discord TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. The Tiger's Den, available to all tigers and tigers for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up to become a part of this educational community of traders. Just visit the front page of TFNN.com Welcome back folks. So the last question that we've got here is from the Tiger's Den. It's coming from RY such as maybe one more question. Hector's got these questions have come in late. So my apology, both to Hector and somebody named Ninja, I try to get those questions done a bit earlier for me. And I'll see if I can get to it. But the question right now outside the Tiger's Den from RY is Steve, do we have a three river morning star forming on the queues on a 30 minute basis? Well, we'll know for sure in six minutes out there, but the answer to your question appears to be yes. Now what the queues need to do for a 30 minute time frame is they need to close halfway into the body of the candle from 11 o'clock in the morning. And that's going to take around 2 80 29 or so we're 280 48. So if we get that, you then have a confirmed three river morning star. Now, just because you have a bullish candle does not mean it's a bottom. What you happen to have here with the queues is a roadsman to indicator signal. So that would then suggest a bounce. Now, what I like to do as opposed to use the patterns on the queues, which only trade for six and a half hours to make a look at that and see what signals it has. So here we've got the end queues. We're going to put up the 30 minute time frame chart and while a lot at this stage here looks like it's definitely going to form a three river morning star. Now, what price is dealing with here is going to be resistance or the first resistance level on a 30 minute time frame. This is for the end queue not the queue queue series ETF is going to be at about 11 595 we'll call it. So it's going to change 11 595 maybe 11 596 just to be a little bit more conservative if price can close above 11 596 this in the end queue this under 30 minute it doesn't have to be by noon it just has to be a 30 minute bar then that's telling you that there's more rally to come that more rally to come on a 30 minute time frame a lesson new profile forms will get to use the existing profile should then take us to the 11 696 50 or 11 736 30 or 7 52 but the answer to your question is it does appear you're going to get a three river morning star but we won't have full confirmation of that for another about three minutes or so folks have a terrific Thursday join me tomorrow at eight o'clock will record the show between eight and nine have a terrific Thursday hopefully we'll see you then take care