 The following is a presentation of TFNN, The Trader's Edge with Steve Rhodes at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good afternoon, folks. Welcome to the May 11th, the wonderful Wednesday 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. We need to make that one little two-by-four shift. Well, it means we can find the gift in every set of circumstance that life is going to toss at us. Now, today, you and I, we're going to go check on the circumstance of this market. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I, just past one o'clock in the afternoon. I want you to know I'm absolutely grateful for your presence here. The more important than that, 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, we've got you covered there too. You can always send me an email, steve at tfnn.com. And inside the subject heading, please put radio show question. So let's go ahead and get this show started on wonderful Wednesday. Of course, this is Tiger, Financial News Network. I'm Steve Rhodes. Welcome to Lush Show right now. I get all the U.S. indices trading to the downside with the exception being the New York Stock Exchange is up about three points right now. Probably we'll turn red here shortly. Dow is off 119, S&P 29, Nasdaq 244, Russell's down 19, Sama is off 43, Trendy's down 144. You've got gold up 11 bucks, silver 13 cents, Lice recruit is a big winner out there. Change natural gas up 21 cents in the 30th Treasury. Up 28 ticks, 139.15. So I'm going to attempt to do a show here today, battling through a case of bronchitis. That's the reason why I've been off the last couple of days. The throat or the bronchial tubes have opened up slightly. But if I do start hacking away here, then that's possibility. One day, I'm going to go ahead and cut the mic. But if it really starts to get in the way, I don't really need to be coughing in your ear, so to speak. So the energy level is toned down. And on my energy level, from a zero to 10, I'm about a minus 10 as we speak right now. But let's see if we can do, let's see if we can get through the show. So let's begin. Let's begin by taking a look at, let's take a look at the indices out here, and the primary indices. So the upper left, you've got the Dow, then the S&P, the Nasdaq, Russell, Summice, then New York Stock Exchange. So if we take a look at the Dow, there's at least two different A to B equals CD patterns that are underway. The first one had a one-to-one price projection of 32.021, which basically we got down to yesterday. And so just because you hit a one-to-one level, that doesn't mean that the move is over. At least in the work that I do, the work that I do, I look for a confirmation. The confirmation is really that bullish or bearish reversal candle. Here it's a bullish reversal candle. So that's one possible A to B equals CD. It says we should be on the lookout for a bullish reversal candle, which would then at least give us some type of indication of a counter trend move. There's the larger A to B equals CD pattern that just has a one-to-one price projection of 38.12. In either case, there's A to B equals CD patterns to the downside, none of which have been confirmed, but we know what to look for. The S&P's A to B equals CD is really clear. There's only one. I could draw an A to B equals CD along the C to D leg out there, but not needed. We don't need to do that. Why don't we need to do that? Because price is almost back to the one-to-one level for the S&P, which would be 39.33. That does not mean price will stop there. Price could easily make its move to the next area, which would be 37.42. The NDX100, there's only one A to B equals CD pattern to draw on here. And this is where it gets ugly, because here we're not really close to the one-to-one level, which is 11.5.20. We're trading at 12.110 now. And the Russell 2000, it has two different, at least two different A to B equals CD patterns. So at this stage here, the larger one, by the way, takes us down to 15.74. Still, we'll be on the lookout for a bullish reversal candle to confirm that some type of counter trend rally is likely to unfold. The semiconductor index, two different A to B equals CD patterns. The larger one, 25.95 is its price projection. The smaller one, 27.53. And finally, there's the New York Stock Exchange. And the New York Stock Exchange, earlier in the day, was showing, was definitely showing signs of a bottom. Why? Because it had a bullish engulfing candle. Yesterday's candle in the body, so small, so pretty easy to form that bullish engulfing candle. But that is not what we have at 111 in the afternoon. Now, the New York Stock Exchange was positive. I believe, and maybe Tom could answer the question, I don't know. But inside the New York Stock Exchange, there's a fairly decent percentage of close-end bond funds. And I think that's the reason why, or one of the reasons, perhaps, why the New York Stock Exchange was trading to the upside. The other pattern going on inside the New York Stock Exchange, well, let's go see if that pattern is still there, that is, is a divergence pattern. The divergence pattern is where we take a look at the advanced decline oscillator. Now, the advanced decline oscillator is the difference between the 19 and 39 period exponential moving average of the advanced decline line. That's a mouthful. But that's what it is. Now, when price makes a lower low, if you take a look at the upper panel, as it was, but the advanced decline oscillator is not making a lower low, which it has not, not at least as of 1.12 in the afternoon, that's a divergence pattern that says, pay attention for some type of bottoming signal inside the New York Stock Exchange. And that's why taking a look at it today, if it does generate a bullish reversal candle, it's going to signal to you and I that at least what the New York Stock Exchange should do is work off its oversold condition. When you get below minus 1 to 50, and we're minus 165 right now, you're in the oversold condition area. So those are the A to B equal CD patterns that are underway out here. And let's see, I believe we've got a caller on the line. If you give me a moment here, we've got Sue in Bethesda, Maryland. Sue, thanks for calling. Thanks for holding. How are you today? Fine. Thank you. Thank you so much, Steve, for taking my call. My pleasure. Here, I have a question. The name of the stock is LBPS. Okay. It's been down for many times. I was thinking to hold for a long term, but you know, it keeps going down and down. It does. It's almost near. So you're a long-term holder of this and this is right now? No. I'm not really a long-term holder, but this one I have is for a long time. Okay. Well, so let's see if we can try to find some good news for you out here. That would be nice. Thank you so much. Well, yeah, but so I'm going to switch over. Are you watching this on Tiger TV by any chance? Yes, I do right now. Yes. Okay. So let's first start with your next potential level of support. And that level of support would come from what I refer to as the TAS market profiles. And the TAS market profiles on my charts, at least these set of charts here, show three different blue horizontal lines. The only profile that price is trading above right now is the weekly. And that profile level, the bottom of which is where buyers are lined up is at $2.92. So we're trading at $3.10. If on a weekly basis, Sue, price were to close below $2.92, then that signal is at price likely head down to its all-time low out here. And that would get us back into about the 274 level. So can you hold on through this break here? And when we come back to the break, we'll take a look at our other white background charts. And then I want you to ask me any questions that you have that maybe come from our conversation. So please hold on. We'll be back with Sue and Bethesda Merrill and take a look at 4D Pharma. Steve Rhodes started his trading career as a student almost 20 years ago. And the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn. And he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. 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Welcome back folks, so we're taking a look at 4D Pharma out here, ticker symbol LBPS and Sue. So on a monthly timeframe, this actually bottomed with what I refer to as a TD9 count. It does that in March of 2022, so just a couple months ago. So that's your bottom signal. But when we take a look at end price on a daily basis, pulling back to support, that's 292. So price should find support there. And if it doesn't, as we said going into the break, what price will likely then do is go target the bottom of that March 20 low, March 22 low. So that's one thing to take a look at. When I look at a daily timeframe, no, here's what the stock actually did so I can help you out. When you had a back in March, March 25, the week of March 25, you had a big spike to the upside when price got up to about 887, right? 887 on a weekly basis was the TD9 count breakdown level. And with price being unable to get through that, it was sending you a real significant message there. So that's the first thing to take a look at on a daily timeframe. So after it does that spike, it pulls back on a daily basis. It forms another TD9 count bottom. It does that on April the 6th. And then what does price do? Well, it doesn't really spike higher, but it moves higher into its daily TD9 count breakdown level 532. What this stock is telling you is every opportunity that it has to rally, it's been unable to break through key resistance levels. So I'm not seeing a ton of positive information here for you other than what I've shared so far, which is just to watch the 292 level and to expect that if price closed below that, to look at lower prices ahead. But I don't have any other real bottoming signals, just price really pulling back to support. So I don't know if that helps you out. But what other questions, what else can I possibly help you with here? Yeah, what do you mean? It looked like there's no future or what? I mean, this stock. Well, I guess fundamentally, I used to be a fundamental trader. That was before I met Tom O'Brien. And not that I don't take a look at fundamentals, but this company has not made any money. And in 2021, I don't recall whether a fiscal year ended in 2021, but that was their worst performance so far. So they're going in the opposite direction. It's not really surprising to see the stock behavior here of what buyers and sellers are doing. But you know, the monthly has a potential bottom. But the problem is, is that every opportunity to rally is found resistance. So you really want to see this breakthrough some resistance levels out there. So I hope that helps you out. Thanks so much for calling in. You bet. You bet. I have another one AUI. Steve, would you play it AUI? Sure, we can take a look. So Yamada Gold out here, it's going to take just a moment for you. It's going to take just a moment for these white background charts to populate. But I will let me see here. So you're in your in Yamada Gold. Is that correct? Yeah, it's AUI. It's a goal. Yeah. So let's take a look at this time to keep losing money. So this let me do this here. So in the case of Yamada Gold, the only positive, if I'm going to find one, is that on a daily basis prices pulled back and did this yesterday, Sue, it pulled back and it tested support. And support was $4.92. $4.92 was the TD nine count breakout level. So if you mind in this oscillator and change line here, change colors yesterday. So what price should do, not that it's a bottom, it can be a bottom when price pulls back to support. It's not a bottoming pattern per se, like an A to B equal CD pattern, things of that sort. But price should be able to make its way up to about the 541, 547 level. If it can clear 551, then you should see a move to 572. But the concern here, or the concern for me, is that on the trading day of May 9, there was volume of 23 million shares. Yesterday was 29 million shares. That was even worse. So there's actually a confirmed A to B equal CD to the downside in Yamada Gold. I'm going to show you that to you on a different screen. And so now you've got the black background screens. And I'll draw in the A to B equal CD to the downside here. The A point is going to be April 18 high. The B point is going to be the low from May 2. And the C point is going to be the high from May 5. As long as price remains under 518, that's the B point out there. And that had volume again of 27 million shares. Yesterday was 29 million shares. There's your confirmation of a move lower. If price closed below 492, that's its breakout support level. If price closed below that, then that's going to suggest that Yamada Gold should run down to 444 to 411. That's what I see when I take a look at the daily timeframe chart. Let me see, see if there's anything else that's out here that's of significance. Not really that I see in Yamada Gold. So it's got the potential and it should bounce up to the 541, 551 level out there. But if it closed below 492, I believe that was the number I made sure here. The closed below 492, very likely you're going to see 444 to 411 out there for Yamada Gold. Okay. Okay. Thank you so much. You're welcome. I appreciate it so much. Thank you for your time. You're most welcome. You bet. You're most welcome. That was Sue in Bethesda, Maryland. So let me do this here. Folks, I think there were a couple of questions inside the Tiger's Den. I believe, what was the take look at Microsoft? And that was asking for support. May have been asking for additional information as well. But give me a moment here. Make sure I'm on the black. Yeah. So let's put up Microsoft and we're going to look here for support. At least first on this set of charts is Boyle Boyle. So we're looking for support here. We're looking for the TAS market profile support. We're below the daily. We're below the weekly right now. And we're below the monthly. The monthly level of support is 264.33. So there's your levels of support or one set of levels of support. We're going to change screens here. Let's go over to the white background screen. See if we can find any breakout levels that price might be pulling back into or any kind of bottoming signals. And you know, on a monthly basis, what Microsoft suggests to us is if it closed below 264.33, 211.94 would be next up. In the case of the weekly chart, price is now negating a TD9 count bottom out here. That suggests that Microsoft's level of support would be its breakout area for its weekly timeframe. That level is 249.81. The daily timeframe, no bottoming signals there. You're in bar number five. So no TD9 count, no A to B equal CD to the downside. In fact, the A to B equal CD to the downside on Microsoft. So the B point here is going to be 46 million. It was passed with 47. Son of a gun. Okay. So Microsoft has a confirmed A to B equal CD. Now I'm going to switch back to the black background charts and show you what this is showing us. I didn't realize this, but it is what it is. It has a one to one price projection. Let me just switch the screens right now. So the one to one gets us to 244.93. But if you take a look at that retracement, a 45% retracement, odds would favor that if in fact that's the pattern that completes here, that where this is going to head to is more than a one to one A to B equal CD to the downside. And that more than the 1.272 is 232.43 out there. Let me see if there's anything. So I don't see anything else on my charts out here that are going to help us with Microsoft. So I hope that that helps you out. There was a question to take a look at the US dollar index as well. So for that, let's switch over to this chart. And on this chart here, where did it happen? So with black background screens, yeah. So Kota was asking if there were any kind of topping signals, I believe was the question. And Kota on the one of our dinners on April 28th, that was a TD9 count top. That says that its threshold resistance is at the 103.95. But that is exactly where the top of its profile is at. Now, ever since that TD9 count top, it's been a sideways move. A close above 103.95, would say we're up and away. That would be to the 109.58109.47 level. Steve Rhodes with TFNM, we'll be right back. 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, 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 TFNM.com. Don't miss out on the next great gold trade. Sign up today. TFNM has just launched their new trading room, the Tiger's Den, hosted at Discord. TFNM 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 TFNM 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 TFNM.com. TFNM is excited about our new software charting program, The Art of Timing the Trade Charts. In collaboration with Tom O'Brien and using his best-selling book, The Art of Timing the Trade, Your Ultimate Trading Mastery System, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, The Art of Timing the Trade Charts allows you to scan thousands of stocks for Fibonacci formation setups, including Gartly's, ABC's, Butterflies, and much more. The Art of Timing the Trade Charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day, unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade Charts today by visiting TFNN.com. 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. I picked the perfect time to get laid up and get sick, be a little under the weather with all the hockey games. When I'm sleeping or trying to sleep at night, the wheezing that comes from my breathing keeps me up. It's about the, you know, I've got this terrible case of tinnitus. I've had it for Lord knows, 20 years or so. So what it sounds like inside my head is going to a high energy set of power lines. And you hear that little hum that's going, that goes on. That's what I hear all the time. So pretty amazing at what, that the noise that I hear above that is the wheezing that's out there. So what that means is that I've been able to stay up and actually watch the LA games out there, which, you know, don't end till about 1, 1, 1.30 in the morning. East coast time, but, you know, and I love hockey. So it's my favorite time of the year from a hockey standpoint, but back to Apple, not back to Apple, but that was a question that came in from G-Man in our Tigers den. Apple's got a couple of different A to B equal CD patterns. That's a large one would take us to 146.77 and that's assuming you get a close below 150.10 today with volume of more than 108 million. You're already at 70. So it seems like that is a real possibility. There's a smaller A to B equals CD or there's an A to B equals CD I should say along the CDD leg gives us price projection down to the 140.14 area. Now to change screens out here there are other possible levels of support on the way lower for Apple. Low supports being the TD9 count breakout levels. Well in the case of the weekly chart you're looking at 143.16. So it's within side those A to B equals CD patterns. The daily timeframe doesn't have any kind of a bottoming signal. You're in bar number five here. The only intraday timeframe with a bottoming signal really the 195 minute chart it's in the bar, the bar falling bar number nine of a TD9 count out here. So you can watch that low and if there's a close below that that's going to suggest that Apple is going to continue to move lower out there. Let's get to a couple of our questions that have come in through email to make sure yeah it was on the right chart sir. This one coming in from Hector Hapi says Microsoft in a weekly week looking okay so we already covered Microsoft isn't this by the D point ready to confirm? No, so Microsoft weekly looking at ABCD now. So we go back to the Microsoft charts out here and I'm going to switch back to the black background charts because possibly I've overlooked something. So let's go back and see if in fact I have. So let's get to the weekly time frame chart which is larger time frame. So in a weekly chart here I don't actually have an eight. Well it's got the A to B equals sorry about that. Give me a moment. Just trying to spread this out make a little bit easier for us to see. So the eight point that's easy to pick out. The B point is easy to pick out. That's going to be the low out here Hector from March the 7th. So that low the week that began March 7th is 270 even Steven. 184 million shares we're below that right now. We're halfway through the week and there's 108 million shares. So this has volume in it to the downside. So the weekly chart the A to B equals CD pattern again I'll draw that in here. The A point the week that began November 22nd the B point the low that takes place on March 7th and the C point out here is March 28th. And there's your one to one which gives us a price projection of 236.28 out there. So that's what I see when I take a look at Microsoft. So I hope that helps you out. Definitely no buy the D point inside of Microsoft as we speak right now. Mimi writes in please go over the profiles on APA. So let's get APA fired up here on the screen. Make sure I'm on the right spot we are. You're asking specifically Mimi for profile levels. You're below the daily 4276 was it. You're approaching the weekly 3569 and the monthly is all the way down at 2309. That is APA. Let me see here if I can get this fired up on the other white background charts. Please go over the profiles you're long. So what this is really telling us here. So let me try what let me test one other thing out. So the daily time frame there was a swing point that formed on April 25th had 10 million shares which was tested yesterday with 13 million shares didn't actually test it. The test took place today. Today's yesterday 11 point about 12 million shares was testing 10 million shares that said we'd be back down there. We're back down there today. So from a swing point standpoint it has not proven itself to us from a bottom. But again you've got support at 3569. As we switch over and look at the white background charts let's just see if there's anything there to assist you Mimi. The white background charts you could get a TD9 count on a monthly basis. That's a top. The dailies got roads with the indicator signals. The price closes below that low. That low is one that we took a look at with a swing point was testing 3698. I would say a close below 3698 you're headed to 3213. The TD9 count breakout level for its daily time frame. So Mimi thanks so much for writing in. I hope that helps you out and have a wonderful Wednesday. David in Panama City wants to take a look at Goldman Sachs. G.S. is the ticker symbol out there. So let me get that fired up. And Goldman Sachs you've got the 290 puts for the May 20th expiration. So as we take a look at Goldman Sachs let's see here it's popular. Let me switch the screens. Well here we go we're getting up to speed here. So you're looking for 290. We're trading right now at 305. Monthly chart suggests lower price. Weekly chart suggests lower price but says caution. The caution is that Goldman Sachs on a weekly basis waived number seven that's letter G. Now in order to confirm that pattern you have to have a higher low. So the earliest confirmation of that would be next week. If it doesn't confirm a bottom 272 is your mark. But you're looking at May 20th so you don't have a ton of time. The daily timeframe no bottom signal yet. If you did if it did well hold on hold on Stevie. Yeah no bottom signal but if you did get a blows reversal candle that might say hey this is headed to 317 321 before we get down to your 290 area out there. Goldman Sachs so it's below all profiles without any real significant bottom pattern forming here and in the interday charts are not showing much either. So I like the call out here the caution would be watch the daily. If you get a bullish reversal candle David then you might want to consider closing out that trade. So hope that helps you out. Next question coming from Alan P. And Alan wants to take a look at XBI. So XBI let's get that going on our charts out here. And Alan's question is been following biotech for a while. Do you see it going lower or do you see a consolidated here by the last three days looks high. Thanks Alan. So let's see what we've got here. What set of charts are we looking at the white ones. So let me do this. OK we've got XBI up on the white background charts doesn't look good. I'm going to start with the monthly looks like it still wants to have lower TD 9 count top forms February 2021. We're at our third breakout level and that's at 6430. We're at 6388. Shoot that says it still wants lower price. That's coming from the monthly time frame charts broken all kinds of level of support the weekly time frame the same thing. It's broken. I've got to put more data in here to see where the next breakout level is. I'm not going to do that. Just not going to waste the time to do that because this still shows it wants lower price. So XBI in the weekly and monthly say lower price. The daily says the only way that this is going to form some type of bottom and some type of bounce is if you get some type of bullish reversal candle that would then confirm a roadshank to mitigate her bottom which could only take up to the seventy twenty threeish level or above that seventy six sixty seven. But no daily bottom pattern here. Your questions do I see this going lower. The monthly chart says yes. The weekly chart says yes. The daily chart says yes. I think the answer to our question with regard to XBI is it wants to head lower. So Alan P. thanks much for writing and hope that helps you out. And we'll talk to you again soon. I hope zero twenty seven and we'll be back in just a few. 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. Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property. 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Welcome back folks at this chart here that we're looking at is a chart a monthly chart for the Dow and the blue and red horizontal lines that are out here are the horizontal trading range boundary lines. The blue ones are for the daily timeframe. The red ones are for the monthly timeframe and it's a monthly chart that we're looking at. These lines were first introduced to me by Bud Rolfs used to be a contributor here at Tfnn years back. And what these lines are really representing is they go through the data series that you have out here. So this data series takes us back in a 1997 I believe. And what it looks for it looks for the largest number of co-located opens or closes. I mean we're looking just at the body of the candle. Either the open or the close. And it looks and what it does is it calculates the area where there's the largest concentration and figures out where the next area is. And that helps us to establish these trading ranges. You can see those monthly trading range have been really critical out here. I mean if you look at the high back in 2000. That's where it ran into resistance. The 14 0 51 level or that was a 2007 I my apology out there. But let's talk about where we're at today. So the blue ones represent daily data. The red ones monthly data. And that's why you're going to have different horizontal trading range boundary lines. What we can see here right now is prices testing a real key area that real key area called the 31 868 level. If we see a close below that that was. Suggest lower price out there. So that's how I would share that chart with you. Let's go to our next question. Next question from inside the Tiger's Den. SNP wants to take a look at Devin energy. So right now Devin energy is just consolidating with inside its daily profile SNP. That's between the range of 60 309 to 68 42. Let's go take a look at the white background charts for this. See if we got any additional information to share with you. Oh I can't believe I just did that. Oh well I did it. And now we're going to see if we're going to be able to get to that screen anytime soon. Oh it looks like we're going to be able to. I hit the wrong button and it started populating something. No she's could be a secondary to try to get to it. That's where we really wanted to go. So here's Devin energy. So on a monthly basis. Lee SNP this has the potential to top because you're in the bar following bar number nine. Weekly time frame no topping signal yet. Daily time frame does have a roadsman to Mindicator top. But as we talked about this has really led to a consolidation with inside the daily profile out there. If you did get too close below sixty three ten. You could head back all the way to its breakout level of support of fifty two seventy eight. Do I see anything else of significance out here. Not really. It does look like price wants to continue to pull back from a short term standpoint. You had a TD nine count top on the 30 minute chart. You're below the oscillator and change line. That would suggest a further retracement as an order for Devin energy. But I don't see necessarily reason for you to jettison this position at this stage but definitely use a stop out there. So SNP I hope that that helps you out. Thanks much for taking the time to write in. Our next question. I believe we've got another one here by email. We do its LB. And I says can we take a look at you are a. So we most certainly can. Let me try to get that fired up here. That is uranium. And while the white background charts are populating. Let me see if I've got anything out here for Lee. On the black background chart. So the question is can we look at it. I'm looking to increase your position. And also if we have the time we take a look at ICD. So uranium trading below daily weekly and now monthly profiles. So not really a great thing. Let's switch over to our. Oh we're on the white background chart. So here in the white background chart because he priced right now is below the bottom of its monthly profile. Not great. You're not just below the bottom of the weekly profile after a TD9 count top. You're now below the breakout level of 2027. Now it's a weekly chart. Price might be able to close back above it. But hold 2027. We'll call it the intermediate term a bullish. But right now the signal is that uranium should pull back to 1674 or URA. The ATF for uranium. That's the next breakout level. No bottoming signal on the daily time frame. You've got an A to B equal CD to the downside. Now I'm going to calculate what that move is out here on my other charts. So real quickly. Yeah let's make this the B point. That's the May 2nd is the B point. The C point May 5th. So your 1 to 1 price projection would be about 1805. 1 to 1.27 about 1636. So that it's really kind of suggesting getting that 1674 level. The weekly breakout area where you would then complete your daily A to B equal CD to the downsideish pattern out there. That's all that I see. I don't say anything good when we take a look at uranium. Not as we speak right now. So Lee I hope that helps you out. You also wanted to take a look at ICD. So let's go ahead and get that populated. See if we can find anything better to help you with out there. An ICD is Independence Contract Drilling. Now this is trading below the bottom of its daily. It's weekly and it's trading into the monthly support level 255. Let's see if this populates what we get out here. What are we seeing? So Stevie is not have a lot of good news today. I hate days like that. I'd like to give good news. The price is trading right now below its breakout level on its daily timeframe Lee of 352. That suggests price may target the next breakout level. That's down to 264. That's what the daily chart shows us. Weekly chart. There's been a lot of sideways movement out here. So at some point in time this is going to turn into something because there's basically a lot of accumulation going on. That accumulation area is between 296, TD-9 breakout level and 552, TD-9 breakout break down level. So the breakout to break down level out there. So you've just got a good old fashioned consolidation. It would appear going on inside of ICD. So Lee, I hope that helps you out. Thanks for taking the time to write in and for all your kind wishes out there. Okay. I think, Allen, you've got that response on that. Okay. So I think we've taken care of all the questions. I know we've taken care of all the questions that have come in by email. Let me see if I've got anything here inside the main chat area. And that wasn't in that area. So if there's some thing that you want me to look at if you're inside the Tiger's Den, if you posted it right now, I'll be happy to get to that. In the meantime, what I should do is what? What have we taken a look at out here that folks might be interested in? Let's go take a look at the ES mini. Let me make sure we're on the right screen here. Yeah. So let's take a look at what the signals are inside the ES mini. So you can find anything out here. Right now you've got the markets are where they at. You've got the Dow's up to 37 right now. Everything is red. Nearly everything is red out there. So the ES mini as this populates. So just bar number four on the daily timeframe, price below the weekly breakout level out here, intraday is there any kind of a signal? Nothing yet for sure. ES mini is now we're not getting any real great signs here from the ES mini. Now the 15 minute chart, we get to ultra, trying to form a roadsman to mitigate her bottom, that could give you a bounce. If it does confirm with 15 minutes, it's going to be 10 minutes from now. Too soon to call on that one, really five minutes into the bar. So we'll skip that market up there. Steve Rhodes with TFNN, we'll be right back. 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. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. 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In this all-day five-hour live trading webinar, take a seat by Larry's side as he trades the market's real time, including the Dow and S&P 500 E-mini, crude oil, natural gas, gold, treasury bonds, wheat and soybeans, the Euro-dollar, pound-dollar, dollar-yen, and more. If you've ever wanted to get inside the mind of a market master, you cannot miss this live trading webinar. To sign up today, just visit the front page of TFNN.com. 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 you got all the U.S. and Cs trading in the downside. Last request coming in from the Tiger's Den was to close out the show doing a detailed review of the NQ out here. And I just noticed this. And it's really because of the last couple of days activity out here. But right now, the NQ is trading below last year's low. Okay. It's trading below last year's low. And that is a bearish sign out here. But before we continue with this, we've got a call. It's Roger in Boulder, Colorado. Roger, thanks for calling. Thanks for holding. How are you? Oh, wonderful. Thanks. Thanks for taking my call. Sure. Here's a quick one. I know you went through Apple. And I was just looking at, on a weekly basis, the Fibonacci retracement of March, March low of 19 to January high. It kind of coincides with A to B, 1.382 percent of smaller A to B because C to D. So if you look at the two-day match, they coincide at 38.2 percent. And the other one would be 138.2 percent. Do you see any significant on this? So if I were to do a, let me just change my screens here. So I pulled up a weekly timeframe chart because that was what you first referenced for me. And so for my work, the very first retracement level that I would look at, I think you mentioned this, but I'm not sure, but I would go from the lows of March of 2020, the week that began March 23rd, and I would go all the way up to the high in Apple, which is the week that began January 3rd, 2022. The .382 retracement on that would take us to 133.36. If I had to look here to figure out where would I generate my next possible retracement level, I'm kind of struggling to do that. And I apologize that we're running out of time here, Roger. Maybe tomorrow you can call back in and you and I will go through the Fibonacci stuff and everything with regard to Apple. We just don't have the time to do that today, but right now my .382 retracement is 133.36. So sorry that we're out of time. Thanks for calling in. Hey folks, stay tuned. Your favorite polar bear David whites up next. Tom O'Brien will take us home and I'll be back with you tomorrow at 1 o'clock. Thanks for joining us.