 The following is a presentation of TFNN The Traders Edge with Steve Rhodes Toll free at 1-877-927-6648 or internationally at 727-873-7618 The Traders Edge now Steve Rhodes Good morning folks welcome to the February 27th, the terrific Tuesday edition of today's Traders 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. Let's make sure we have an extraordinary one. Now the easiest way to do that is to always remember that life is happening for us not to us. That's right when you and I make that one little two by four shift means we can find the gift in every set of 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 11 o'clock in the morning. I want you to know I'm absolutely grateful for your presence here but even 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 would love to hear from you at 877-927-6648. Now if you've got a question which you can't call in you can always send an email send that off to Steve at TF9.com. Inside the subject heading please put radio show question of course if you're inside our Tigers Den will then 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 the show we begin our day with a mixed bag the mix coming from the Dow and S&P down S&P's down just slightly the Dow's off 138 points about three tenths removed. Trendies are off four points that's basically flat then Nasdaq 120, Russell's up 24, Semi's are up 23, Gold's up four bucks, Silver's off two cents like recruiters down a buck, natural gases basically flat in the 30-year treasury bring out a 118-25 hour leaders in the clubhouse to the upside auto zone. $162 moves six percent big move there seven percent for micro strategy or 56 Viking therapeutics 34 90% 196 for Janix therapeutics sterling infrastructure 20 bucks a 23-point move we got some movers we've also got some shakers SBA communications down four percent eight dollars and change Adobe eight dollars and change are nearly two percent booking holding six bucks that's basically flat amgen down six two and three tenths percent Berkshire off six nearly one and seven tenths percent service now down six less than one percent to the downsides we got movers we got shakers what else do we got out here we had price let's go take a look at our daily equity future contracts let's stay on the black background charts what do we know we know there's no top on the daily time for my various reversal candle we're generating a rose with a indicator top price above the top of its profile therefore conditions are bullish top of that profile 50 52 a price we're to pull back close blow it we've got something else happening the same thing with regard to the NQ except the price point to watch there 17 924 no topping pattern that's in place as we speak if you take a look at the Dow equity future contract no topping pattern here in the equity future contract price right now pulling back and testing support the low so far of the day is down at the 38 935 38 460 I'm sorry 38 920 is the top of that daily profile so support holding there the Russell 2000 is the strongest of the four now that's targeting the top of its descending trend line so that first target around 2065 I believe 2064 567 somewhere around there so you got the Russell 2000 other 10 points before it hits that resistance level out there so it'll be interesting to watch how the rest of the market does the NQ start turning down does that turn down the other three equity future contracts I don't know the answer that just something I'm questioning or wondering inside my mind out here quick peek at Apigee that came in over the weekend on Saturday you do have the as many trading below it that's at 50 95 so that's a slightly bearish signal the opposite in the case of the NQ short term it's a slightly bearish signal short term in the NQ slightly bullish signal because prices trade above its apogee pivot point at 17 961 gold below its silver below its likes recruit above its that's a bullish thing and the US dollar index actually trading below apogee at 103 89 so that'd be a level just simply to be watching all right so let's do this here let's go ahead and there were a couple instruments that came in yesterday towards the end of the show I didn't get to them let's begin with those let's can there's a number of instruments that are coming I don't want to get behind but we're just going to surf around let's see what we can figure out with regard to yesterday there was a question that came in from Dan in New York City it came in so late I just didn't have time to really take a look at it it was with regard to PPLT the ETF for platinum I had mentioned hey let's take a look at platinum itself uh and see what its signals are now I did try to look up PPLT Dan I did try to find out what its holdings are and I don't have a clue but I've got to assume that it is the current contract for platinum which is a July I don't have that up on my screen I have the continuous the reason I have a continuous up is if I put the uh April I say July if I put the April contract up on my screen right now we won't get any data enough data to get any kind of stevy technical patterns on the weekly and the monthly I did check and by the way the profile levels are the same when I use the continuous contract here for the daily timeframe so what do we know about the daily timeframe we take a look at the underlying instrument I assume it is April you don't see the screen son of a gun sorry about that and thank you mr bill that's how I test to see if anybody's paying attention mr bill just kidding uh okay so now we got those screens up for platinum uh so what we know about platinum out here for the April contract for platinum is that uh price is consolidating with inside it's a uh profile level this generated a by the I'm sorry road's meant to be indicator bottom back on February the 12th out there so you just got a good old-fashioned consolidation yesterday price got back towards the bottom that consolidation 879 40 on a weekly timeframe chart not much here to assist us we're below profile below red oscillator and change line that says if we get a close below the day of the February 9th that would be 873 30 we're headed lower out there now that lower could just be 852 50 which is the bottom of its monthly profile so you're consolidating the monthly and the daily timeframe out here so just a consolidation we now have a much clearer message Dan than we did when we took a look at ppl t here on the ppl t charts out there doesn't show that same wide consolidation on the daily of ppl t like it does on the actual underlying instrument out there so if you trade ppl t my best recommendation for you is get access to the futures contract you don't have to trade the futures contract but if you're looking for signals as to what it's communicating to you look at the underlying instrument out here so that's that's really what I would do I wouldn't really spend a whole lot of time on this ppl ppl t chart unless we find out that there's multiple contracts multiple platinum contracts inside this thing if you could go figure that out help me out there maybe we could even do a better review of it so that's what I see when I take a look at platinum thanks wake in an extra day on that um Dan yesterday towards the end of the show wanted to take a look at blink blnk is the ticker symbol out here right now blnk is trading at about three dollars and fourteen cents it's trading with inside its profile we take a look at blink charging what do we have out here you know I don't see a whole lot on the daily other than just a consolidation with inside his profile it's um it's traded above that green oscillator and chains line that profile the daily time frame Dan is slightly bearish 328 to 362 is the cell zone on the daily time frame we come back from this break let's take a look at blink charging for its weekly time frame it's monthly time frame see if we could figure anything out we'll be right back if you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter you should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals sign up for rocket 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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 at number two for the year an amazing accomplishment steve rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his mastering probability newsletter steve's award-winning newsletter mastering probability is delivered every trading day with updates throughout the afternoon sign up for steve's market newsletter mastering probability and you'll receive access to seven of steve's educational webinars absolutely free at tfnn all our newsletters come with a 30 day money back guarantee so you have absolutely nothing to worry about visit tfnn.com and try mastering probability 30 days risk-free today tfnn educating investors 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 tiger's for just one dollar for the year there's no catch or added costs when you join our community of traders sign up today and become a part of this educational community of traders just visit the front page of tfnn.com toll free at 1-877-927-6648 internationally at 727-873-7618 stock charts here for a blink charging consolidation with inside the daily profile cell zone between 328 362 you're trading with inside his profile in the weekly time frame dan 241 is the sport 379 is resistance you have a wave number seven bottom that looks like it will take hold so on the monthly time frame you do have a bottom that suggests they move up towards its oscillator and change line the oscillator and change line right now is at the four dollar and 46 area out here but before you can get there you've got to deal with resistance like 328 362 379 386 before it would get up and then 496 so those would be your battleground levels based upon the current profiles for the daily weekly and the monthly time frame so that's what i see dano hope that helps out by the way you do have a nice road meant to mitigate your bottom on the weekly time frame so you get a monthly and a weekly bottom pattern out there and that should bode well for you so thanks for the question thanks for waiting an extra day hector wants to take a look at newmont mining now hector and newmont mining first i'll put up the charts for newmont let's do this here and i think we're going to go back and take a look at the black background charts i believe but let me see his question is the monthly i don't actually we don't probably don't have to do that so the question i'm going to expand out the monthly chart the question is you know the monthly chart if you compare it to the last move higher which uh in this case here he's looking at the november 23rd swing point out here from just a few months ago and that by the way did volume of 402 million shares last month when this thing was pulling back was 211 so pulling back with light volume this month we closed pretty soon we're about 235 his question is hey this is pulling back with light volume it's not a bowler sign my answer to that question would be no in this instance and the instance being we're trading below that swing point and as long as we close below that swing point that's at 3359 really what that's telling us those buyers that were there they don't have the strength to come in and support it they're not willing to support it so if you close below a swing point i don't care whether it's with light volume or heavy volume it's with heavy volume really he's telling you that it wants to go lower light volume uncertain but where it would go to next where's the next level of support hector uh 3286 is a td9 account breakout level you would have expected i would have expected i would have anticipated numot mine it would have at least held that on the monthly time frame it has not it is a weak as can be we take a look at that monthly time frame a great question but likely we're going to close below that swing point unless there's some big major things take place in the next couple of days out here so i'd say it's more of a bearish message when we look at the weekly time frame chart you can see that roadsman to indicator signal uh that needs a bullish reversal candle we're in week number eight of a td9 account that says you could be getting close to a bottom td9 account bottom that could form between this week and the next two if that's going to unfold the what we'll see on the daily time frame hector and patty is we'll also see a bullish reversal candidate confirm a roadsman to indicator bottom if we get that out of numont then regardless of what the monthly chart is telling us we get a bottom out of the daily in the weekly then i think we've got a bottom but a great question thanks for bringing it up there's a lot of chatter you know there was when i just turned in i can't see if there's a lot of chatter just what what i saw on my screen just discussions about mining stocks so i said hey since there's all that chatter why don't we go take a look at the mining stocks i think what what the analysis was trying to figure out which stocks are the strongest so i can share with you which stocks are the strongest utilizing the tools that i use which are maybe different tools than what others use but at least you can go ahead and take this into consideration now what i'm going to do is i'm going to change screens out here because we're on basically the last leg of the uh mining stocks out there that i would track from a waiting standpoint uh so we are on which screen god wish i could tell oh numont mine there we go okay so just to make sure yeah i got numont mining okay so this is at least as of a couple of days ago this is the top eight weightings within side of the gdx and if we take a look at numont mining we already covered that you can just see on the daily base that roads meant to mitigate their signal week we know in order to show any kind of strength and these just form a bottom pattern gold i would say on stevie's charts is a strong mining stock why it has a td9 account bottom pattern that formed um probably a week and a half ago or so so formed on the trading day of february the 14th right now you have a consolidation with inside his profile so for those of you that have a hankering to own a mining stock i would say the number two weighted stock inside the gdx looks bullish it's got a bottom bottom signal with the consolidation aem ran into resistance that that it's got a td9 account bottom as well ran into resistance up at that breakdown level of sport in 1958 that's fairly strong too it's still trading above profile levels you just know strong battle at 49 58 franco nevada has been in a sideways consolidation let's see for how long this has been going on quite a while out here so i'd say the mining stocks don't get moving until this guy gets moving right now we're towards a bottom that consolidation we're testing his td9 account bottom for back in december that had volume of 1.26 million shares last week we came down with 567 so far for the first day and a half 136 so no idea what that's going to equate to come friday out there so that's franco nevada if you take a look at wpm no bottom signal there that's dbcs we're trading on gfi gold fields we're trading into a td9 account bottom the swing had volume of 6.2 million shares yesterday this did 3.3 so this has got this is kind of an interesting one to take a look at would be gold fields because we're testing this swing point have we tested and rejected that swing point that's the question so let's go find out so it was a td9 account bottom yeah we did so this tested and rejected that swing point yesterday on lighter volume this should rally up to 1310 so i would say gfi is a has got at least a bottoming pattern to the extent that you would want to trade that if i take a look at au anglo ashante looks relatively bullish because price above profiles as well as its daily oscillator and change line trading up into a td9 account top though that does swing point that is trading into did volume of 2.9 million yesterday pulled up into it with 2.5 so not too shabby out there but you are trading into resistance that resistance is going to be that high at 1886 if we take a look at randgold rgld it's got a roadsman to indicator bottom now it has been able to get any traction out here we can see that oscillator and change line is acting as a key resistance level so if you see rgld close above its red oscillator change line currently printed at 10614 that would be able to signal so of these eight stocks out here the ones that stevie's signals show strength gold i'd put that probably gold and gfi at the top of the list out there then i'd probably look at aem and uh rgld now those were the top eight weighted stocks we can change screens let's go to the next eight weighted stocks out here i said we'd look at the go through these mining stocks so let's just do that uh screen i gotta try to get to the right screen though must be this one hey mr bill or anybody watching in just make sure that first yeah it says ag okay i see that so in the case of ag that's got a nice bottoming pattern roadsman to indicator bottom it's in with its cell zone between 467 and 473 if ag can close about 473 it's off to the races to the upside bvn don't see much there a ui's got a roadsman to indicator top that formed yesterday this is just that it wants to pull back i'd say 561 becomes a target each yo no bottom signal sand got a nice td9 account bottom but it just has been able to really deal with that red oscillator and change line so that's your problem iag looks like it'll confirm a td9 account top between today and the next two days out here nothing with regard to ngd so that's the top eight that's probably enough to go through with regard to these are the top eight weighted mining stocks out there so i hope that that'll help some of the conversation inside the tiger step we get back to this break let's take look at vba i m str cfl t xbi i ova we'll be right back as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market the us futures market and the shanghai gold exchange the gold report tom obrien publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xau hui gdx the dollar bonds the south african rand as well as 25 different mining equities with 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transform your trading journey because when you know better you invest better join us and experience the difference today tfnn educating investors don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv let's take a look at bbai trading out right now at three dollars and 14 cents has had two stellar days yesterday price took out the top of its daily profile took out a td9 count and road's meant to mitigate her top out here now you've got an a to b we'll see the pattern to the upside so i'd be watching for a bearish reversal candle out here on bbai if you get one of those on a daily time frame if you get one of those on a daily time frame we're seeing only your home screening and well i thought i changed it sorry about that thank you al appreciate that let me get those charts out there for bbai there we go now we got it so you can see the a to b equal cd so form the real nice td9 count road's meant to mitigate her bottom back in november forms roads meant to mitigate her top pulls back out here and now we've got as the a to b equal cd pattern so it's above the one to one price level we don't need to really um go ahead and type that in there for any reason you'd be watching for a bearish reversal candle to confirm a sell the d-point pattern on a weekly time frame chart looks like this is going to take out its td9 count breakdown resistance level at two dollars and 23 cents out there that says you take out one level you go to the next level the next level i have dan four dollars and 34 cents so i'd say that's its next target you're asking do i have anything at 583 i do not once price gets about 434 then the next area that i've got is 1052 you're asking about 1003 so i'm gonna go with that 1052 is close enough to your 1003 price target out there but i don't see anything at this point in time that would come up with that six dollar type area but bba it looks very strong daily weekly even monthly your trade by the top of its profile so congrats to you on that one stay with bb ai let's go take a look at ticker symbol mstr was that monster uh micro strategy uh that's not having a nice day out here it's having a nice week it's having a nice month i believe so if we take a look at micro strategy on a monthly basis looks like it's going to take out a td9 count breakdown resistance level at 743 it's also taking out a monthly td9 count top that bodes well for a further move higher the weekly time frame too early in the week to know uh vik but uh if you do get a close above the uh two weeks ago the high from two weeks ago bear shooting star roge went to mitigate her top 80678 if you get a weekly close above that that is a bullish uh outcome and the same thing on the daily time frame we trade to a profile you're trading above on screen also to change line things are just simply outright bullish with regard to mstr um geez i didn't write down what your question was and there's so many emails let me see if i can find it here real quickly marvin no you just said you just put mstr out here so uh so that's what i've got everything here looks pretty bullish uh and i hope that that information helped you out uh duncan steve inside the tigers den wanted to take a look at cfl t so let's pull those charts up here see what we can find for duncan on a daily time frame yesterday looks like it may have been a roge momentum indicator top i'm sorry a wave number seven top out there wave seven uh it generated a roge momentum indicator top two days ago when it formed that bearish engulfing candle so you got two tops out there does that make it better than one no duncan in fact even though you've got tops its overall signal is neutral neutral steve you just said it formed a top i did and whatever you form a top all that they're really entitled as you do is go back and test support well in this case here the first level of sport is that green oscillator and change line currently printed three dollars 33 and 23 cents tested yesterday rejected it tested it today and rejected it that's why it has a neutral signal the weekly is anything but neutral it's bullish price above green oscillator change line price is traded above a td9 cal breakdown level it's trading above all resistance and that suggests a run towards its swing point out here that swing point range that's from the swing point of july 21st anywhere between 3606 and 4122 monthly file for cfl t you're trading into the cell zone so to speak a slightly and i do mean slightly bearish structured profile looks to me like price once ago target 3909 we get that confirmation when we get a close above that wave seven top yesterday's high out there 3432 out there so cfl t neutral on the daily bullish on the weekly bullish on the monthly time frame chart dunk it hope that that helped you out and uh thanks so much for the request mr bill he put in a special request you want to take a look at xbi if i understood him correctly utilizing steve's multi set of time frame charts out here so now we go from monthly down to a 15 minute at mr bill you have to tell me if i got that right or if that was just simply a wrong assumption making you know what out of me but not out of you if we take a look at the monthly time chart for xbi it is in bullish mode it is trading above profile resistance longer term says wants to get to 141 50 well let's see what the weekly the daily and other charts have to say the weekly says i'm in agreement with that call steve why because it is taking out its td nine count top and now setting up an a to b equal cd to the upside not i don't know what that retracement is we can go check it out on my other charts out there but no matter what a close above 94 32 this week is going to be a very bullish outcome daily time frame no topping pattern roads meant to mitigate or signal triggered that just needs a bearish reversal candidate confirm a top but they don't get worried about it just means you know take an umbrella with you because you could get some rain showers out there but otherwise everything looks good now we take a look at those other intraday charts this really what mr bill was probably after 195 minute chart looks uber bullish out there the 130 minute chart is taking out a td nine count top as we speak that is extremely bullish 65 minute says you could get a top within the next few hours because we are bar number eight as we speak you've got a wave number seven top that's extending itself on the 30 minute time frame chart i'd say focus on the 30 minute time frame chart because that wave number seven pattern out there if you get a lower high on a 30 minute basis we should see price pull back event i would say that pullback would be to the oscillator change line the other time frame to watch would be the 65 minute time frame chart we use 65 minutes because it's an equally time framed bar there's 390 minutes of trading each day in the cash markets out there you divide that by 65 you're going to get an equal number of bars that that's that way we're looking at things that are even steven huh that's kind of interesting so that's what i've got when i take a look at xbi mr bill i hope that that helped you out looks pretty bullish when we take a look at those charts so i hope you're in that a gman wanted to take a look at a couple of symbols the first one is i ova so let's pull up let me uh close out this set of charts out here it takes up a lot of resources and then we'll get over to those i ova charts as soon as stevie can find them sorry this is taking a moment here to uh do and let's see where is i ova that's not it i think it's got to be all right that's harmony that's the second one that he wants now we got it i ova so we take a look at i ova you've got a wave number seven potential uh top out there that's gonna that could form today you have price trading into a gigantic uh a gigantic profile bear structured profile and that sells on between 1532 and 1693 1693 out there so you may have a top but things are neutral on the daily time frame as long as price remains above that 1383 level weekly time frame gman looks very good i believe you say you're in this with calls just know that you're dealing with that resistance of the top of that daily profile out there and then yesterday's highest a potential the profile level out there is at 1693 weekly looks very bullish monthly looks very bullish says wants to move up to 2796 so it's the daily that you've got to deal with out here how about an intraday chart we take a look at just simply a 30-minute chart for i ova stevie's got nothing roadsman communicator top consolidation with inside his profile how about the 65-minute chart out there let's take a quick peek at that what do we have here roadsman communicator top but it's neutral price above the top of that daily profile steve roads with tf and n we get back when taking harmony parallel networks 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american and tsx under the symbol vgz yeah we took care of iovl let's get on to harmony gold hmy is for gman inside the tiger's den so we take a look at harmony here's what we see when we take a look at a daily time frame chart a couple different things the first thing that i see is prices trading below that red oscillator and change line so gman that tells us we have a falling price offset or below zero that's a bearish condition period we're trading below profile support profile support of 579 that's a bearish condition so no with regard to support levels those two support levels it's an embarrassed position well we can also take a look at a swing point and volume test out here so there's a swing point from back on january 17 that swing point had volume of 6.3 million shares that swing point never really completely got tested price pulled back into it and it pulled back in that test on february 14th had 3.3 million shares so lighter volume then price rallies right so test the swing point and finally gets out of there rallies up towards that red oscillator and change line turns back down again bearish position out there now what we can see is that a couple days ago so we had volume of 3.3 million shares on friday that was tested with 4.5 million shares when you test the swing point with volume says you're going to get back and test it well what did it do yesterday it tested it yesterday the volume yesterday was 2.6 million shares again that swing point has volume of 3.3 million shares so from a swing point perspective you've got two rejections now different you know swing points with lighter volume but it still hasn't really rallied so i it's got the swing point test but with price trading below profile below the red oscillator and change line and if you didn't have those on your system you know you're i would say a little disadvantage versus what i'm able to you know look at here i wouldn't put this out there is one of those top stocks out there instead i don't remember which one it might have been go gald or wrangled or in that first second segment that we did we identified what looked like the ones that had the best bottoming signals out there on a weekly time frame you've got a roadspin to mitigator top with a consolidation with inside his profile levels 520 it supports 636 is resistance monthly time frame chart i don't have much out here to go on so that's what i see when i take a look at harmony g-man i hope that that helps you out with regard to that the next request comes in from marvin and marvin's looking for an entry point into palo allo networks pan w's a ticker symbol out here so what do we see on this baby this thing took one heck of a dive when i say a dive this closed out at the price point of 366 on august 2nd and the very next day this closed at 261 that is a haircut now we've had a rally we've had a bounce that moved to the downside was that any kind of bottoming pattern anything nothing that i had out there so i have to call this a counter trend move out here marvin the reason i've got to call it a counter trend move at least when i take a look at the daily time frame well i take that back there's a new profile that formed new profile that is formed out here it still is a counter trend move unless pricey able to close above 329 64 but you do have a new profile as well and so let's take a look at it so for its daily time frame the top is at 294 61 we're trading above that wow okay so marvin the first possible entry point that i would give you on this would be that the top of that profile 294 61 old resistance never acted as resistance maybe it would act as support on a pullback so let's leave that as one possible figure on a weekly time frame chart what do we have we have price that's trying to get back inside its profile if on friday at the close this close above 308 39 it actually says its break to the downside was a false breakdown that's the weekly time frame chart i don't have that same signal on the daily time frame chart but that would be the signal on the weekly that would be confirmed marvin by the monthly time frame chart look at it first there's no topping signal maybe there's an a to b equal cd pet let me pull this back and find out yeah it looks like there is let's just let's make sure it's made that at least that hundred percent move out here so i'm simply going to draw you just simply the a to b and edit him don't have exact exact but then we're going to move that over so yeah so this has a or could have a no this does this is going to generate on a monthly time frame they sell the d-point pattern i don't it doesn't need to be a a japanese candlestick bearish reversal candle it's going to be a key reversal bar this month exceeded this last month's high last month's low and it's going to close looks like it'll close at least one tick one penny in the opposite direction of that trend so that would be a key reversal bar now the problem with that is that price held that green oscillator and change line you know we say here if you get a top and you get back to support support holds what happens it goes to neutral so pale alo networks neutral on the monthly maybe a false breakdown won't know till friday on the weekly time frame chart above profile resistance on the daily we still got to go with that 294 level so 294 is one possibility if we look at a 30 minute time frame chart which has a road's meant to mitigate her top perhaps the reason why we're seeing a pullback out here um if you're really aggressive and i do mean you're really aggressive what's the one thing that everybody sees on this 30 minute time frame chart for palo alo networks what's everybody see with regard to the profiles what's everybody see with regard to the profiles these 30 minute profiles have we seen a close below the bottom of a 30 minute profile since coming off that wave seven road's meant to mitigate her bottom pattern and the answer to that question is no so with that being the answer then what we can also throw to you marvin is 30304 could be an entry point into x i'm sorry into palo alo networks and what you would do is if you saw price closed below that for two consecutive bars you'd say guess what we're wrong on that one at least with regard to the profile tools out there so hope that helps you out marvin and thanks so much for the request the next request coming in from i don't have the name on this but it's with regard to xpev now we take a look at xpev this generated by the d-point pattern i believe we looked at that last week the week before that confirmed on february the 6th out there this has tons of gaps it has tons of gaps we can't use them because some of those are most of those are currency issues out there so that's not going to help us on the weekly time frame i believe as we mentioned this has a td9 count bottom pattern so you've got a bottom on the daily and you're trained about profile you've got a bottom on the weekly and you're trained above the center of its bullish structured profile and if we can get a close above that centerline and that's underline the weekly time frame is 923 we should see a run towards a 1066 level that would be especially helpful it would be especially helpful if uh the close of this some month the next few days you see a close above 912 if you enter 934 right now y912 912 is the bottom of that monthly profile you get back inside that that would be a bullish outcome so your pa you're bullish on the daily you're bullish on the weekly and you potentially could be yeah you actually you're bullish on the monthly too why it's got a td9 count bottom and so price can get back inside that profile it says last month's close below it was a false breakdown that's what i see when i take a look at x peb out there and i believe steve has made it through all of the requests is that possible we take a quick peek see if there's anything else that snuck in here i don't think so ah you gotta let oh wait a minute here doing great xpi confident yeah okay great okay uh ew y jimmy wants to take a look at so let's get the ew y and uh let that populate happy to do that jimmy thanks for the request you've also got e p h e uh so ew y is the south korea etf which is testing its bullish structured profile support area so if you're looking to get into this jimmy it's got a wave seven top from a couple of days ago it's testing support area i don't see other closing below the bottom of the daily profile so i'd say if you're looking to get into korea 63 48 and 63 87 is the buy zone and you're inside that right now well finish this off we get back to this break 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 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his buy zone on that daily time frame the weekly is a bullish right now now it's bullish because price above profile price above a greenhouse that are in changeline we are trading below last week's low so i gotta say for this week it's actually more bearish and that suggests to me that price might want to go target 62 92 so the real buy point really might be the 63 48 level and if that area fails well then there's something that has changed with regard to the daily time frame for e w y and on a monthly basis it's a consolidation with inside profile levels let's look at that next request that you have out here as well let's get that in and that's going to be ticker symbol e p h e now we take a look at this chart e p h e or set of charts out here this is trading with inside his profile after confirming a road cement indicator top yesterday this had a gap to the downside had a gap the downside today out here but we're back inside the profiles i'd have to say that the next area of support for it is 27 30 or 2707 and price were to close below 2707 for two consecutive sessions we'd be looking at 26 36 on a weekly basis e p h e looks very good this is the philippines etf out there why is it very good two weeks ago three weeks ago negated a td9 count top out there it looks like an a to b equal c d the upside we're trading above its monthly time frame out here so this is a goal e p h e if you look into investing to the philippines but i'd wait right now for some other type of support to be hit 2707 27 30 or what i would look for is some type of bottoming pattern on a short term time frame chart such as a 30 minute and we don't have that right now but you can watch the area of 20 snap we don't have that i'd wait for a bottoming pattern out there so folks thanks for all the requests always enjoyable to go through all of those and stay tuned for all the great programming have a terrific Tuesday if you will and i'll see you back here on wonderful Wednesday take care folks