 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 morning, folks. Welcome to the September 26th, the magnificent Monday edition of today's Trader's Edge show. I'm your host, D.B. Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. I hope everyone else is having a great day. 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, well, it means we can find a 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 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 do want you to know I'm absolutely grateful for your presence here, but more important than that, 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 on in at 877-927-6648. Now, if you can't dial in, we've got you covered there too. You can let those fingers do the walking, which means go ahead and send me an email. Send that to Steve at tfnn.com and inside the subject heading, please put radio show question. Of course, if you're inside our Tigers, then well, any and every ping will do. So let's go ahead and get this show started on magical Monday. Of course, this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to the show right now. Got a bit of a mixed bag out there. The Dow and the S&P are trading a bit lower, 80 points and two. Then you've got the Nasdaq 100 Russell trading the upside 55 and four. Summars are down nine points. Trendy's off about eight points. New York Stock Exchange on 68. Gold is off four bucks. Silver's off three cents. Sliced recruit back about 28. Natural gas off 12 cents. She's trading printing out at $6.70. 30 Treasury trading out at 130.07. That is back to tick. So let's begin by, well, we've seen our first move, our first rally move out here. Why did price stop where it did? Excellent question. The answer to that question will be revealed to us momentarily. When we switch over to our take a look at our 30 minute equity future charts out here. So the upper left hand corner, you got the S mini upper right. You've got the NQ lower left. You've got the Dow lower right. You've got the Russell 2000. If you take a look at the NQ upper right, you will see that the rally. Now this formed a roadsman to indicator bottom pattern. It did that at about 3.30 in the afternoon. That was on Friday. What that has led to was this morning as we got into the 1030 time frame, what price did was it ran right into the sellers where price had recently broken down. And that's at the price point of 11,534.75. Now, we also have a green oscillator and change line that is likely to be targeted. That's around the 11,388 ish area. It'll change a little bit lower. If price can hold that level and then take out 11,534, there's one more area. Well, there's a couple more areas of resistance. There are going to be a lot of areas of resistance on further moves higher. The next level resistance for the NQ would be up at the 11,585 area. So you're going to watch that. Now to the downside, you're watching the lows of last Friday because that would negate that road's mitigator signal. There's additional support. 11,322 is the current 30-minute profile. Price closed below that. That would signal move back to those lows on Friday, those lows being at the 11,229 area. If you look at the Russell 2000, did the exact same thing as the NQ. Ran right into resistance at 1705. Again, we use the body of the candle as the essence of price, not necessarily the wicks or the shadows out there. So that is its key level, 1705. The Russell doing the same thing as the NQ. Now it does not have a green oscillator and change line, whereas the Russell, sorry about that. I don't know how to avoid these pop-ups there. Just really too bad. Keep showing up, terrible. So support for the Russell is either about where it's at right now. It's oscillator and change line. It's just a tad below here. It's at the 1681 level. Below that would be 1670-50. 1670-50 is the real key area. If you take a look at the Dow, the Dow never made it up to its breakdown level. So should there be a rally? What the Dow would do is should find resistance at about 29,880, much like the NQ did, much like the Russell 2000. That's the number to be watching inside of the Dow. For the ESMini also did not make its way up to the TD9 account. Well, all four of these, by the way, had those nice rosement dominicator bottom patterns that are out there. In the case of the ESMini, its resistance level is going to be $37.35 and a quarter. If Price is able to close above that, then it's got resistance at $37.64. $50 out there and above that, I'm not so sure just yet. So why did Price stop where it did on this rally? It's because Price got right up to the breakdown levels that were established by these 30-minute charts. Those were established by the TD9 account pattern. TD9 account pattern is something we're certainly going to get. Well, we talk about it every day. Today, perhaps even more so than other days. Why is that, Steve? Well, this was what's going on under 30-minute time frame charts. And if we take a look at the daily time frame charts here, we'll switch over to that screen here in a moment. Screens, there we go. And so now you're going to have the same thing. You have the ESMini upper left, the NQ upper right, Dow lower left, Russell 2000 lower right. Take a look at the number of nine counts out there. So today we'll complete a TD9 account bottom for the ESMini, the NQ, and the Dow Equity Future Contract. Now what should take place from here is we should see a rally. The first target, because Price is below the bottom of their daily profiles, the first level of resistance to the upside is the oscillator and change line. Now those levels are going to change as Price moves up and down. Currently for the ESMini, that level is at about 3842. For the NQ, about 11804. For the Dow, it's about 3522. And for the Russell 2000, which will confirm a TD9 account bottom today, it will not complete its bottom pattern until tomorrow. That does not mean that the low is not in. It just means that the pattern itself, the full pattern, will not complete until tomorrow. But it did make a low on Friday with bar number eight. As long as today's Price does not close below the close of bar number five. Bar number five out here is at 1843.20. And that's not a likely outcome. You will get a TD9 account bottom. The question is, do we make a lower low tomorrow? We could make lower lows today inside the NQ, the ES, and the Dow. It does not negate the TD9 account. It just establishes that lower threshold level, which right now happens to be Friday's lows, but those could change. So you've got TD9 account bottoms for really all four of the equity future contracts. That's why it's important to see if we begin to start forming higher highs and higher lows out here. And that is a possibility. Again, if you go back and take a quick peek at those 30-minute timeframe charts, you'll see that that is potential. But the only potential is going to turn into something more than potential when those TD9 account breakdown resistance levels at 11.5, 34.75 for the NQ and 17.05 for the Russell 2000 fail as well as 29.880 for the Dow and at least 37.35 and a quarter. But we can see here, see slightly here. So if you go back to Friday's low, we made a slightly higher low. That took place at about 2.30 in the morning. It took place again at about 6.30 in the morning. Out here, we're starting to see slightly, slightly, just very slightly higher highs. Again, we're just looking at a 30-minute timeframe chart. The next question that somebody should ask, and I guess Stevie will ask it because I don't know the answer to it, is where are we at with regard to the 30-minute TAS market profile market breadth out there? And I'm going to try to get this. I was not logged in. I'm logging in right now. We've got a few seconds before we go to a breakout here. But I believe, what screen are we on? Oh, we're showing that right now. Perfect. So this is for the S&P 500. And it has negative market breadth. So that's not helpful. Let's take a look at the N2 out here. The NASDAQ 100. See what it is telling us. Moment. N2 has negative market breadth. So definitely not out of any woods. We'll be right back. Steve Roach with David. At the time of booming inflation, we are purchasing powers eroded. There's no better place to protect your harder and money than in 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 tier one mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. Vista Gold just completed the Monk Todd Feasibility Study, which resulted in a 7 million-ounce gold reserve in a 16-year mine life. All of this combined with the approvals of all major operational as well as environmental permits. This distinguishes Monk Todd as an attractive, diverse partner, ready-development stage gold project. Vista Gold trades on the New York Stock Exchange under the symbol VGZ. 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 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 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 internationally at 727-873-7618 We've got folks, a bit of a mixed bag out there. You still have the NASDAQ and Russell 2000, Russell 2000, just slightly higher, 29 cents. The NASDAQ 35 points to the upside. So we're back still here looking at the 30-minute Equity Futures charts. We'll see that the ESMini, really all the instruments were making a high as we came into about the 10-30 time frame. So now back to the other chart that we're looking at, which is a 30-minute, this is called the EDGE product, this is from the Avocitas Market Profiles. This takes a look at the 30-minute instruments for those that make up the S&P 500 and for the NASDAQ 100 out there. And what we're looking for are Bullisher Bears Crossovers. We're looking to see how many instruments are trading above the top of a profile versus trading below. Right now, for a 30-minute time frame on the NDX 100, what we know is there's 20 instruments trading above the top of the profile. That's considered, we'll call it bullish out there and trading 65 instruments trading below the bottom of the profile. Now, as the market was rallying this morning, this is as we came into the open, right at 9.35 out there, there was a bullish crossover. That's where the green line crossed the red line out there. And that lasted until we got to about 10.45 this morning. We got a bearish crossover at about 10.45 exactly out there. And we just looked at the ESMini that was making its hire in a 10.30, 10.45 time frame. So very helpful to have this market breath. So, but right now it is still negative out there. That's both for the NQ, the S&P 500, its market breath reads like this. And that is that there are, wow, 44 instruments trading above the top of a 30-minute profile, 312, trading below the bottom of a profile. So it was the NQ that I was looking at. The ESMini or the S&P had a bullish crossover at 9.45 this morning. And that bullish crossover went to a bearish crossover that was at 10.40 this morning when it went to a bearish crossover. So this market breath is very helpful right now as we speak at 11.20 in the morning. We still have intraday negative market breath for the shortest time frame that Stevie can track out there. Okay, does that change anything? Let's go take a look at that. We looked at the four equity future contracts out there. By the way, there are no questions that I have either inside the Tiger's Den or by email. But if you do have some questions, I would love to field them. In the meantime, what we're going to do here is we'll change screens. Now again, this is the four equity future contracts for their daily timeframe. But if we switch over, we take a look at the core U.S. cash indices out here. That's what pops up on our screen right now. You will see beginning in the upper left, that's the Dow TD9 count that we'll complete today. It should send price up towards its oscillator and change line. That's at the 30,426 area. If you look at the S&P 500, TD9 count pattern will complete today. Price should target the 3824 level. The NDX100 also will complete a TD9 count bottom today. Price target 117.30-ish, the Russell 2000. So whereas the equity future contract did not have a confirmed TD9 bar number nine, that will take place today, the cash indices says, hey, I don't know what they're doing over there. But I've got a completed TD9 count pattern that will take place today, and that should send price up to the 1767 area. The semiconductor index does not have a TD9 count bottom. Instead, what it needs is a bullish reversal candle to confirm a buy the D point pattern. And I would say that in order for the equity markets to rally, this is the one instrument that would then give the signal that the markets are ready to do that. If that does not unfold, then it makes these TD9 counts somewhat suspect. Why does Stevie say that? Well, if I look at the transports out here, so each of these are cash indices, well, with the exception of the composite and the New York Stock Exchange that we can actually trade by ETFs and so forth. If we take a look at the Dow Jones transportation, it generated a bullish hammer candle on Friday. Yeah, it did. And that was also a confirmation or recon confirmation of the TD9 count bottom that completed out here on September 7th. So it has a bottoming signal. That hammer candle also completed a buy the D point pattern out there. So the transports at this stage here have confirmed a bottom. They would negate their bottom with a close below $13,392.67. Next, the NASDAQ composite TD9 count. Price should move up to the 11305 level. New York Stock Exchange TD9 count should take price up to $14,330. So now we will move from here, the primary equity, the primary cash indices out there. We just finished taking a look at the New York Stock Exchange, but we're going to take a look at it a little bit further by changing screens. We're going to take a look at that advanced decline oscillator reading, which on Friday closed at the lowest level that we've seen in quite some time. What is the quite some time? Well, it takes us back to the March 2020 levels out here. So let's go ahead. Let's expand this out. Give me a moment here just to expand this. Make it a little bit easier for you and I to take a look at. The top portion of the screen is the New York Stock Exchange. Now, what we're looking for is right down here, the lowest reading that we got during the 2020, during the 2020 lows out there, the lowest advanced decline oscillator reading came on March the 12th, minus 392. That was telling us that there should be some type of bouncer rally that forms. Now, what price did then was price, I did have a bit of a rally, but then price continued to move lower, but the advanced decline oscillator was making higher lows out there. That was a kind of divergence pattern that led to one heck of a rally. As we know, that was that rally began on March 23rd, 2020. So as we take a look at where we're at today or where we were at on Friday, today or Friday doesn't matter, Friday we're down at minus 35670. Again, we're in the extreme oversold condition. The question is, does a bottom get formed similar to back in the 2020 timeframe where we see price continue to move lower but the advanced decline oscillator starts to move higher? I don't know the answer to that question. My current thinking is that, no, that does not need to happen this time around. Why is that? Well, it's a great question. The why comes down to this. If you give me a moment, we'll get to those set of charts out here. So remember, the date that the, so we had the lowest advanced decline oscillator reading, that was around March the 18th, I believe, March, no, March the 12th, March the 13th, March the 13th, 12th or 13th out there. Okay, so we had that. What else did we have to take that took place? Remember, we were taking a look at those TD9 accounts. We looked at them all the cash indices, the equity future contract. Do they mean anything? Well, if we take a look at what actually transpired on Friday, out of five to 6,000 instruments, I don't remember the number off the top of my head, my apology there. I'd have to look it up. But if you take a look at a number of individual stocks that were scanned, 1426 of them, I have TD9 counts. Now I'm just looking at the nine counts. You could have been that completed pattern where the low was made on the bar following, bar number nine, those would be added to this. But just to be consistent here, we're just looking at those instruments that actually made bar number nine. Well, the last time we had this kind of reading was back at the March 2020 lows. It actually took place on the trading day of, why can't I see the day? There we go. March the 19th. And remember, it was March 23rd, was the actual low inside of the, no, it was March, yeah. So it was just a few days later. So what this is telling us right now is that we should see, and all of these red little dots out there in the charts are representing these spikes that we have inside of how many TD9 count bottoms are formed inside of instruments out there. What I can't share with you is about 30% of the instruments, maybe 33% of the instruments that had TD9 count bottoms back at the March 2020 lows. On Friday it was about 25% of the instruments scanned up there. So we should see some kind of bottom the next couple of days. Maybe all those TD9 count bottoms we're looking at are telling us that. Steve Rhodes with TFNN. 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 TFNN.com. Don't miss out on the next great gold trade. Sign up today. TFNN is excited about our new software charting program, The Art of Timing the Trade Charts. 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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 TFNN.com. Back up folks, we've got the Dow down 19, S&P's up five, Composite's up four, otherwise all the other uses are trading the downside gold down about nine bucks as we speak right now. Let's go to our first and the only question that we have at the moment and this is coming in from Dan F. Dan writes and he says, Steve, I got into rig. Tiger symbol there is R-I-G. Let me make sure what screen. Okay, we've got the black background screens up. Got a rig today due to a the TD9 count bottom. What is the probability of a reversal to the upside, Dan in New York City? Well, first I'm going to switch charts here and Dan, I just want to make sure that your charts are in line with my charts or vice versa out there and the TD9 count bottom will not be confirmed until will not be confirmed until today. Friday was bar number eight of a TD9 count. No, I'm not saying it's not going to because rig would have to close above today to negate this signal or pattern out here. Rig would have to close above $2.73 century, 236. So yes, you're going to get a TD9 count bottom. But today's only bar number nine and that blow can form on the bar following bar number nine. So we really, you know, we're lacking that information out there. So I want to make sure that from accounting standpoint and you could take a look at my chart out here. So hopefully you're watching us, at least on Tiger TV. If not beside the Tiger stand, you'll be able to go back and take a look at your charts and make sure that they tie out to each other. Now let's go back and your question was what's the probability of a reversal to the upside? So first I got to really wait for the pattern to truly complete out here, but let's go take a look at the black background charts only because you and I can take a look at what took place on Friday. And if we take a look at the weekly chart first here, the weekly chart, that's the center chart that I'm on. You'll see that the week of July 11th, the began July 11th, there was 128 million shares that traded. Price is testing that level. Never got back to the bottom, but it's doing it with 167 million shares. 167 versus 127. Price is moving lower with volume. That typically says that price should go at least test that low. That low is $2 and 32 center, 235 right now. So should be able to take place pretty easily. If we move over Dan to look at the daily timeframe, nice little hammer candle at form, back here on the trading day of July 15th, the volume there was 27 million shares. Well, on Friday, price had gapped down with 35 million shares, never got down to 232. So I would expect to anticipate as long as price stays with inside that candle. And I'll give you the top of that candle. That's the swing point that we're taking a look at. Again, that's a nice hammer candle. And that hammer low is 232. The hammer high is 254. Price needs to close above 254 and below 232 to really give you some kind of feel for what its intent really is out here. Now you got lighter volume today, 13 million shares in the first two hours of trading out there. So you're much lighter than what we saw on Friday, which, well, much lighter. No, Stevie, that's not much lighter. That's approximately the same kind of volume that we're looking out there. And remember that swing point, that hammer candle swing here, Dan, only has 27 million shares. So to answer your question, what is the possibility of reversal to the upside? I'd say it gets better if you get a test and rejection of that 232 low out there with lighter volume out there. And then that would give you a better signal. So you've got a TD9 count pattern that's forming. It might not be until tomorrow that you get that low, which would be the bar following bar number nine. And I think you also want to see how price deals with that 232 level because it has been moving down with volume into that area out there. And I think that's where you'll get the most amount of information released to you. So Dan, thanks so much for writing in and have a magnificent Monday out there. No other questions as we speak, so we probably should go take a look at some of them. Well, I'll take that back. There's something inside the Tigers down there. Steve, what do you think about the forex moves? I think some fun got hurt and we'll need to sell. Well, now that I don't know, I mean, the forex moves have been pretty interesting out there. Rossi, is there a specific forex pair that you are interested in? You know, the common ones, obviously being the pound, the yen, and the euro out there. Let's do this here. Let me go to my year pound charts out here. That's what we really should take a look at. So I think I've got trading, Great British Pound. There we go. So we'll switch screens here. We'll pull up the pound charts. Just really, you know, the interpret, what we want to do is really interpret the market. What are the charts telling us? What's the charts telling us about the Great British Pound? We all know that it hit a 30, 35 year low or something like that earlier in the day. But what are the patterns? So it's populating right now. As soon as it pop, well, I'll go over and we'll take a look at those charts. We're just waiting for these charts here to populate. And here we've got the big picture and some smaller pictures. Smallest picture is a 30 minute timeframe. So let's take a look at the monthly chart out here. Let's open this up, pull this back, see what we see out here. What we see is Stevie's got to add more data to it. So this will take just a moment. Since I've got 5,400 days, we probably should put in 20,000 days. Man, what's going on with my keyboard here? Oh, well, not 200,000 days, but we'll go with 20,000 days. Now it's going to take a moment here to populate. That wasn't even good enough. So what we can see out here with regard to the Great British Pound, we can certainly see a very large A to B equal CD pattern on the monthly timeframe. So let's just draw that in. We'll draw an A to B. We'll just simply go ahead and we'll copy that and then we'll move that to the C point out here. So as soon as my system will let me do this, C control B, there we go. So now we take a look at the A to B equal CD pattern of the Great British Pound. Again, we're looking at a monthly timeframe chart out here. Sorry, it's about right there. So the 1 to 1 level, just from the bigger picture, that would get us down to about the 95-cent level. And right now we're at a buck 8. This morning we got down to a low of inside the pound of 1.03. But you can see the A to B equal CD pattern that is in place out here for a monthly timeframe chart for the Great British Pound. Let's go take a look at the weekly charts. What's the weekly chart tell us? Well, the weekly chart certainly has an A to B equal CD to the downside. If you did generate a bullish reversal candle this week, that means Friday, then you could have a buy the D point pattern. Otherwise, you're at bar number 7 of a TD9 count. A TD9 count could not begin to take place until next week. So it'd be between next week and then two weeks after that. So at this stage here, the weekly chart for the Great British Pound is threatening or suggesting lower price, where the daily chart says, well, hold on a minute here, Stevie. Today, it looks like it will become bar number 8 of a TD9 count. Therefore, this could have formed a TD9 count bottom this morning. And what it could do, now we won't get confirmation of that much like in rig. We won't get confirmation of that until at least tomorrow, and then you get following day to finally complete the entire pattern out here. Now, let's assume that it's a TD9 count on the daily time frame out here. What price should do, Rossi, is it should move up to its oscillator and change line. That's currently at about the buck 11. So the daily for the Great British Pound is telling us we could or should see some type of bottom form between today and Wednesday out there. On a intraday basis, what I see that sticks out to me the most is the 60-minute time frame. And why that sticks out to me the most is because this has completed a TD9 count top. And now the question is, the price is trading with inside its profile. Does price pull back to its oscillator and change line? Which it should. And then the bottom of its profile both are at about the 10679 level. Now, this formed a TD9 count top while the 30-minute time frame chart, much like we took a look after the ES and the NQ and the Russell 2000 earlier, the 30-minute time frame, the rally ended where? Right at TD9 count breakdown resistance. Well, in the case of the Great British Pound, that is the exact same thing. And that was at 1.0887. So to the upside, if price could take out that level, it really needs to take out the TD9 count pattern from the 60-minute time frame. And that level is at 1.0931. What I would say to you, Rossi, is if price takes that out, we see a further rally. So while a great hoopla with regard to the pound doing what it did this morning, at longer term, price is going to head lower, should head lower, the daily time frame says, hey, maybe not so fast. Maybe prepare for a counter-trend move. Rossi, I hope that helps you out with regard to the Great British Pound. Steve Rhodes with TFNN. 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 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 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. The technology around us is changing every day. With so much happening, it can seem impossible to keep up with all the information. David White's investment newsletter, the Technology Insider, is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future. 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So whereas the pound on a daily time frame is clearly forming a TD9 account bottom, if we take a look at the daily time frame for the Euro, we do not have that same kind of pattern. The pattern that is present is a Roadsman to Mindicator signal. It needs a bullish reversal candle in order to confirm a rally attempt. That would take us up towards that Osset and Chainzheim in a 98 cent-ish area. We're trading at 96.42 as we speak right now. So that's the daily time frame. Don't have the same patterns that we are looking at inside the pound. On a weekly basis, the Euro is forming bar number seven. I think that was similar to what we looked at in the pound out there. That says you couldn't get a TD9 account bottom here to form until between next week and two weeks thereafter. The monthly chart for the Euro basically tells the message, price is broken through a consolidation pattern. Let's expand out this chart. I'm just showing you the bottom of the consolidation. That gives us a measured move. That measured move takes us back to the 2000 allows out here. So it looks like what the Euro is doing is headed for that 0.8229 area over time out there. So that's what its daily, weekly, and monthly charts are communicating to us. From an intraday standpoint, if I get this thing to close down for me, what do we see out here? 240? Nope, nope, nope, nope, nope, nope, nope, nope, nope. No, I don't see any kind of a bottom signal per se. I really have to study the chart more time that we're giving it right now, but nothing sticks out to me as we speak. Let's go take a look at the yen. See what the yen is doing out here. So as we take a look at it for its daily timeframe, this has a Rosemont Dementicator top. It also has a TD9 count top. The price right now is taking on its weakening. It's taking on its green oscillator and change line. And if you can close above 144-33, Peter, this would suggest a run for that TD9 count top that high from the trading day of September 22nd at $145.90. If you look at the monthly timeframe chart, its TD9 count top was negated several months ago. This suggests higher price. The weekly price above its green oscillator and change line. It does have a Rosemont Dementicator signal that needs a bearish reversal candle. So this chart here remains bullish, cautiously bullish. It's just bullish on the monthly timeframe. And it is sort of a neutral signal right now because price is slightly above that green oscillator and change line when it comes to the daily timeframe. So that's what's going on. Peter, we take a look at the currency pairs out there. I hope that that helps you out. And for the dollar, I'll just switch back. We could take a look at the larger timeframe chart here for the dollar. We'll go to the black background screen. You'll see the larger A to B equal CD patterns. Not just yet. I've got to get over to that tab. But here we'll take a look at the U.S. Dollar Index. Here we go. You'll see, well, you won't see it on the daily timeframe, but you do see it on the weekly, the monthly, and the quarterly timeframes. Well, you'll actually just see it on the monthly and the quarterly timeframes. So the next price projection level for the U.S. Dollar, from its A to B equal CD standpoint, is up at the 1,1654 level, 1,1643 to 1,1654. And my recollection is the dollar does not have any kind of topping signals other than, much like the Euro, a roadsman to indicator top signal, not any kind of confirmed pattern what the U.S. Dollar would need is a bearish reversal candle to confirm that pattern, much like the Euro would need a bullish reversal candle to confirm that pattern as well. So another request, as we speak just yet, let's go take a look at Goldilocks. That started trading lower out there. Well, it's been trading lower, but let's go take a look at its signal, see if we can find anything. We've got to take a look at the daily timeframe. What you'll see is today is the bar following bar number 9. So this should get us a pretty good read on what Gold's intent is. What I mean by that specifically is that if a Gold closes below the low of today, whatever that low is, at the present time, today's low is 1,63380. If tomorrow, more than the next day or the day after that, price closes below that level, whatever the low of today is. We might see a lower low than what we have. But if price does close below that, then this bottom pattern will have negated itself. It will tell us about a strong moment to move to the downside. It will tell us to expect lower price. Now, I know somebody might say lower price to wear. So that's also a great question. The lower price to wear is, we'll flip back and forth here. Let's go take a look at the A to B equal CD patterns that are underway here inside of Goldilocks. And for that, I switched back to the black background chart. Now, there's a couple different patterns out here. The more dangerous pattern comes from the weekly chart. And the more dangerous pattern when I say that is because this had a consolidation. Now, let's do this. I think this thing has shifted a bit. Let me just move this a tad. Probably right to about there and right about here. So what I want to do is, this would be the very bearish case here for Gold. And that is that it's when you break through a consolidation pattern, which clearly Gold is done. Then what that does, that generates a measured move. The measured move in Gold would take us all the way back to the lows from July of or August of 2018. And that's down around the 1311 area. So that's the longer term message of a consolidation breakdown inside of a Gold for its weekly timeframe charts. However, there is support or potential support. And the next support for Goldilocks is at the 160390 level. Now, remember, when we started this portion of the segment, it was the mere fact that Gold on a daily basis will complete a TD9 count pattern today. Today is the bar following bar number nine. The current low is 163380. If for our purposes, that low holds and price gets below that, then the next area of support would be at 160390. If price closed below 160390, the next level of support would go to the quarterly timeframe. And that would be at the 1542 to 1467 area out there. So what does that tell us about Gold? Well, if we go back to the other inter-day timeframe charts out here, which we're going to do here, we've already covered the daily. Now let's look at the other inter-day charts. Well, on a five-hour timeframe chart, you have a confirmed rosement to indicator bottom. All that price did was it got right up to the oscillator and change line, which is red and turned down. That's kind of a bearish message. But you still have the confirmed bottom. And that says that the low, which in Gold, it would be at 163380, so the same low that we're dealing with out here. If price closed below that, well, then this pattern, its rosement to indicator signal will have failed. The four-hour timeframe chart also has a rosement to indicator bottom signal. So again, that 1633 level fails. That tells us about lower price. You've got a TD9 count bottom on the 120-minute timeframe chart. Price finding resistance at the top of its profile, 165490. So now that is a key area of resistance. So you've got the oscillator and change line on the five-hour. You've got the 165490 level on the two-hour chart. The other inter-day charts, nothing that I have here for the 16 minute that stands out, the 30-minute rosement to indicator bottom as does the 15 as does the 10-minute charts out there. So from an inter-day standpoint, now switching to the 10 and the 15-minute chart, we don't see any kind of a bottom signal just yet. So price may in fact continue to move lower out here. Don't have a bottom signal on the 15-minute chart. The 30-minute chart out here, price is testing support. So the support level for Gold for a 30-minute timeframe is at the 164310. We're at 1150. Closed below 164310 as we come to the noon timeframe. That's suggesting a retest of those overnight lows out there in the case of Goldilocks. Real quickly, before we head to breakout here, we've got about 15 seconds or so. Oh, I can't do it. Well, I'm going to try to put it up here. There was a question to take. We did cover the NQ in detail out here, but we're going to be going into our last segment and we're going to come back to it. We'll come back and take a look at the TAS market breadth, which I'm sure is still negative out there, but no other questions that we have inside the queue. So we'll finish off taking a look at the NQ. We'll get back to the screen. VistaGold owns and operates the largest undeveloped Gold project in Australia, the Mount Todd Gold Project. VistaGold just completed their feasibility study, resulting in a 7 million-ounce Gold Reserve. VistaGold has all major permits approved and has retained CIBC Capital Market Assistance in evaluating alternatives and in completing an accretive transaction. VistaGold trades on the NYSE American and TSX under the ticker symbol VGZ. VistaGold executing a strategy to create shareholder 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. 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 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 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 You'll get a weekly report from veteran day trader Larry Pesavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years' experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com Educating Investors 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 Right now, our 55 NQ instruments, Nasdaq 100 instruments, trading below the bottom of their 30-minute profile and only seven trading above. So any rally that takes place while this condition is in place, there's going to be lots of selling, a lot of choppiness out there. In order for, in choppiness or really, no problem with regard to sellers exerting control. The question is, is there any level of support to be watching inside the NQ? Well, for the 30-minute timeframe, we know that it formed. I'll just simply expand this chart out again. For the 30-minute timeframe, what we know is that this formed on Friday, a nice roadsman to indicator bottom pulls back a bit. So it does that, right? You got the signals being generated out here. There was a TD-9 count bottom, a roadsman to indicator bottom that formed out here at 1 o'clock in the afternoon. That failed by 230. There was another one that confirmed here as we came into the 330 timeframe. That one has held. What that did was that took price right up to its TD-9 count breakdown resistance level, 11, 5, 30, 4, 75. Now, price is pulling back, but we still have a higher low out here. So the question is, we're below support, and support is the bottom of its profile. The bottom of its current profile is at 11, 4, 14 out there. So we did get price closed below that. So now the question is, you know, what's the retracement? What's the retracement really off of the low from 230? We really do retracement set easily on the white background chart. So we'll switch over and take a look at the black background charts. We can do that much easier. Although I need to clean this up just a tad out here. Let's get rid of that stuff if I can. Okay. And now let's go take a look at our retracement tool. And on a retracement tool, if we go just simply from the lows from Friday up to the highs of today this morning out here, what we can see is price has made the .618 retracement or very close to 11, 344. So here's the deal folks. We've got TD9 counts all over the place. This suggests that we should see a bottom of the market. That's a forms between today and I would say Wednesday at the latest out here. But if price could take out, that's the NQ 11, 534.75. That will tell us that the bottoming process or the bounce process, the counter-return rally process has begun. Folks, have a magical Monday. I'll see you on terrific Tuesday.