 The following is a presentation of TFNN The Trader's Edge with Steve Rhodes, toll free at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good afternoon, folks. Welcome to the December 13th, the magical Monday 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, well, it's to always remember that life is happening for us, not to us. That's right. We do not make that one little two-by-four shift. 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 these markets. We'll go figure out what these bulls and bears, what these buyers and sellers are communicating to you and I at just past one o'clock in the afternoon. I do want you to know I'm absolutely grateful for your presence here, but more important than that. And that's this. During this next 60 minutes, I'm here to serve you. So feel free to pick up that phone. You can dial on in at 877-927-6648 if you can't call in. We've got you covered. Go ahead and send me an email. Send it to Steve at TFNN.com. And inside that subject heading, please put radio show question, of course. If you're in our tiger's den, well, any and every ping will do. So let's go ahead and get this show started on Magnificent Marvelous Monday. Of course, this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to less show right now. Get all the U.S. and C's trading to the downside. The leader, percentage wise, is the Semi-Zerof 1-7-10% followed by the Russell down 1-6-6, 1.66%. So it's 67 and 36 points to the downside. The Dow is off 317, the S&P 30, Nasdaq 1-1-54. Spot follow till next is up $1.71. It is trading above its 50-day expansion moving average. We've been going up and down, up and down, above and below over the last four trading sessions. So we're not going to apply a significant meaning to it as we speak. Gold's up about $4, trading out at $17.88, $17.89. Silver's trading at $22.32. That's 12 pennies to the upside. Light's recruit is flat at $71.71. Natural gas is up at penny. It's traded right up into resistance. The 30-year treasury is indicating it wants to trade higher. It's up by one point, one full point, two ticks. $162.12 is what it's trading at. Leading to charge dollar-wise to the upside. You've got arena pharmaceuticals, $39.00. Bionitech up $24.00. That's 79% and 9% respectively. Equinix up $21.00, about 3%. Moderna up $17.00, about 7%. Al Nilem pharmaceuticals, about 6%. That's about $11.00. So the downside, it is booking holdings. Off $90.00, 4%. Shopify down $62.00, Tesla off $54.00. That's 5% Amazon. $42.00, a little over 1% of line technology is out of line. It's down 37 bucks or 5.5%. Of course, I want to look at what you want to look at out there. Let's just go to our first question, maybe on the minds of many. And that question is coming in from Rick. Rick K. Rick writes in and he says, hey, Stevo, can you please provide your opinion on Apple? The stock had a tremendous move up. Do you think the stock can go higher by the end of the year? Well, of course it can. But what Apple is doing today is forming the bar following bar number nine. So I think we took a look at this when I was last with you on Thursday of last week out there. And so let me just pull over the other white background charts first. So here on the black background chart, you can see the completion of the 1 to 1A to be equal CDT upside. It's a strong move off that C to D like. So it's really suggesting a once higher price. But there may be a short-term pause out here. So let's go take a look at that potential short-term pause. And that would be created by that TD9 count pattern. So Friday was bar number nine of the TD9 count. TD9 count top. Rick can take place on bars eight, nine, has to take place on bars eight, nine, or the bar following nine. Right now we're in the bar following nine. Now the cool thing about this is you can really answer your own question based upon this pattern. If Apple, so let's just say that today's high holds, today's high is 182.13. I think that when it need to get to 182.17 to get to 3 trillion or something like that, I think was in that range. But that doesn't really matter. But the point that I really wanted to make to you, Rick, is that whatever today's high is, and right now it's 182.13, if we see price close above that tomorrow or the next day, that's going to tell us about a continued strong momentum move to the upside. And if you ask me then where will price head to, we would just use that A to B equal CD pattern on the weekly chart out here and suggest the next stop would be in the 190.49 level. Now where is it that Apple may pull back to? Well, the first logical spot for price to pull back if this TD9 top takes hold is going to be 172.26. Now it's going to be about that area. Right now on my screen that's what it's printing at, it being that oscillator and change line. If you'd like to learn how to use the oscillator and change line, how to create the oscillator and change line, just subscribe to Mastery Probability. Do it for 29 days or less. It won't cost you anything. And you'll learn some pretty cool tools out there. So 172.26. The reason why that is certainly the first target area is because the current daily profiles are well below that. If price were to close below the oscillator and change line, that would suggest a further retracement. We don't have that in play as we speak. If we look at the weekly timeframe chart, we mentioned that it is completing the one-to-one price projection on a weekly basis. This is also going to be bar number nine of a TD9 count. So on a short-term basis, you've got a potential topping signal. On a weekly basis, you have a potential topping signal out here. On a monthly timeframe chart, you've got wave number seven. That's letter G. Bar number seven, rogment to indicator signal. I don't really see anything of significance out here to be concerned with just yet, but the daily and weekly suggests that Apple should pull back. Now, if I look at just the short-term timeframe, looking for some type of topping patterns out here, we like to see those when we see something on a daily basis. Other than A to B equals CD patterns, I'm just flipping through the different timeframes that we have. Well, this is a 130-minute chart where I do have a rogment to indicator signal. So what this would tell us, Rick, is that price is going to need to close below 176.75 to suggest that we see lower price. And that first lower price area would be 173.10 to 174.56. Let me look at that 195-minute chart out here. Well, actually, let me see. Where was this closed? So this is the bar following bar number nine, 179.50. The high, I'm sorry, it's really the high, 179.63. Where was this closed? So you've got a TD nine count top that's in place for the 195-minute chart. So your question specifically was, do you think the stock can go higher by the end of the year? I do, but it's December 13th. You've got a TD nine count topping pattern in place for Apple out here. And if it's going to go higher, price is going to have to close above today's high. And that would be your signal. So you don't have to worry about my charts or my opinion. You could just go ahead and pay attention to the chart patterns out there. Now, if Apple has a higher high today than what we've already seen, then you'd go ahead and factor that into the equation. That's what you would be using. So does that the opportunity move higher by the end of the year? Yes, it does. But right now, I think what you should be taking a look at is that TD nine count top. So Rick, thanks so much for taking the time to write in. Much appreciated. And folks, I'd love to hear from you as well. No other request as we speak, not inside the Tiger's Den, none by email, and there's nobody on the lines out there. So with that being the case, let's just go take a tour around the markets, get a feel for what they're doing. Let's start with the equity future contracts out here. You've got the ES. So we're rolling over into the March 2022. Stevie's got a synthetic version of the symbols up here and the profiles that go with that. Now, what's really interesting here about the Russell 2000 right now, price is pulling back to the bottom of a brand new weekly profile that has formed above the prior profile. And when I say this is a gargantuan one, right now support is at the bottom. When we come back for this break, I'll tell you where the top is. We'll be right back. 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. You have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability, 30 days risk-free today. TFNN Educating Investors. What's separating you from the most successful men and women on Wall Street? That's right, information. Having all the information gives us the perspective we need to place the right trades at the right time. The TAS Profile Scanner is the premier market profile-based scanner powered by its acclaimed TAS proprietary algorithms. This feature-rich scanner instantly filters over 2,500-plus global financial markets, such as stocks, ETFs, commodities, futures, and forex. This powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades before they happen. 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From the moment the market opens and bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be. TFNN, educating investors. Call now. Toll free at 1-877-927-6648. Internationally at 727-873-7618. So from a profile standpoint, the newest thing that has formed since we were last together is the one that began forming last night in the Russell 2000. That's for the weekly timeframe. So the bottom, and this is a gigantic profile, 2169 is the bottom of the weekly. That's been tested so far today. It doesn't guarantee that it's going to hold. The center is up at 2266. Now the top of the daily profile is at 2282 out there. So that's quite the range. Now price is able to close above 2282. This is a bullish structured weekly profile that's forming. That would then signal to us that the Russell 2000 wants to make its way all the way back to its all-time high in the 2460 level. So you'd really want to see some kind of nice bottoming signal on the daily timeframe. Oh, we already have that, I believe, on the daily timeframe. And that's below where price has got a TD9 count on the daily. We'll go take a look at that. And price is holding the support of the weekly. Sure it makes you say, hmm, something to think about. We take a look at the Dow. That's the second panel from the right. We can see that price right now is testing the bottom of its daily profile. Now I take that back. It's testing the center of its bearish structured daily profile. That center level is at 35505. Now that's a really important level. The low so far today has been 35505. So 35505, isn't that amazing? How does price stop right there? This profile formed way back in the trading session of December the 2nd out there. How does price stop? Well, it's because these profiles are very valuable to you and I. So if price were to close below the center of a bearish structured profile to increase the odds substantially that price will make its way down to the bottom of the profile. And that'd be at 3432. If that's going to happen, I doubt that there also 2000 will hold 2160. By the way, 2157 is the bottom of its daily profile out there. But right now prices testing a level of support, clearly level support inside of the Dow. The NQ and the ES have been doing the same thing for the last four trading sessions which is basically just moving sideways and consolidating within side their bearish structured area of their daily profiles. And the ES may be between 4649 and 4717. And the NQ has been between 16088 and 16456. So just a sideways-ish type market out there. Now, what that does is it sets up a consolidation, so to speak, or a measured move. So for example here, let's just take a look at the ES. And I'll just go ahead and draw the potential consolidation pattern around it. It's just this little rectangle out there. And so that looks to be about right. And what that does, that's that little yellow square which probably just change that to white because I've already got yellow profiles out there. So give me a moment to do that. It might make it easier for you to see on your screen as you're watching us, especially so there we. So we've got the little white box out there. Now what a profile, what a horse? Stevie, what are you talking about? The cool thing about a consolidation is that when price busts through it, it gives us a measured move equal to or greater than the consolidation. So in the case of the ES mini, if we were to break to the upside, first we know there's resistance at 4740. But likely, because it's a small consolidation, price would more likely make its move up to about the 4760. And likewise, if price busted to the downside, then the first target becomes about 4600 or so. And that is the measured move. That is the equal to the little consolidation that we've seen over the last four trading sessions. You can do the same thing inside the NQ out there. We don't really have the exact same pattern inside the Dow or the Russell 2000. So those consolidations are really inside those two instruments out there. So I hope that helps you out with regard to what the general markets are doing. We do have another question that has come in. So let's get to that. And then we can surf back around and take a look at what else is going on, generally speaking, with regard to the equity markets. This question here is coming in from Greg M. Greg writes, and he says, hey Steve, would you take a look at the IBB, I'm not in, but I've been watching it for a bottoming signal. What do you think? So let's go take a look at the IBB. Let's look at our three panel chart to begin with. Our daily, our weekly, and our monthly. And we take a look at the IBB. We take a look at the IBB. The first thing we'll notice is price is trading below the bottom, Greg, of its daily profile. It closed below that on Friday. So far that's acted as resistance today, it being 149.32. So it's a suggestion right now until we see if there's an actual bottom signal that took place four, five, six, seven trading sets should go back on December the sixth out there. This would suggest that price is going to go target that December the sixth candle, which is anywhere between the 143.25 to 147.20 level out there. The actual load today has been 147.25. We're below the bottom of the weekly. Support is really the bottom of its monthly chart, which is 145.96. So let's pull over the other IBB charts. Greg's specific question is, do we see some type of bottom pattern? So as we open this up, the answer would be, well, let's just see if this did complete. I don't think it did. But just because I say I don't think it did, my eyes could be lying to me. I don't like those lying eyes. So let's go look at the A to B equal CD pattern. Because if this did complete, then we do have the bullish reversal candle. The A point would be out here. It looks like on September the 2nd, the B point would be the low on October 6th. The C point is a retracement up into November 3rd. Well, pretty close. Greg, I mean the bottom, the low so far out here was on December the 6th. And that low was down at the 143.25 level. And 142.19 was the one to one A to B equal CD. So let's just say there's a potential that the IBB for its daily timeframe completed that by the D point. It did it when it generated that bullish reversal candle, a little rising window or gap to the upside on December the 7th. Okay, so now what do we have? We have prices back below. It's red oscillator and change line. That red oscillator and change line. Oh, let me move this down here. I don't know why that happened. But now let's see if I can figure this out. So the red oscillator and change line value 148.82. So you're looking for a bottom. One way to potentially play this is a close above that area, above the oscillator and change line. And right now it's straight at 148.71. So yeah, I'd wait for the 148.82 and a close above that. So that's got potential. Now where would price head to? Well, remember we said that price is below the bottom of that daily profile 149.32. I would say, Rick or Greg, that you really need to see a close above that because that's your resistance level. So you got a valid bottom. Price makes a move. I don't have a reason, at least on the daily timeframe, for why it pulled back from the high, from four trading sessions ago. But that doesn't really matter. It is, it's below the red oscillator and change line. Always dangerous. Below the bottom of the daily profile. I think this needs, even though it's got that bottom pattern, it needs to prove itself to you. Now, another potential proof could be Greg, could be that price comes back and it retest that swing point. That's a swing point from the trading day of December 6th that had 3.9 million shares. On Friday, price pulled back with 2.4. Today, the volume is 1.9. So certainly lighter volume out here. You did get a test and rejection of that swing point on Friday. Very close to it today, but you got in the light volume out there, but really resistant. So it's almost kind of like a neutral signal out here and neutral. You're really waiting for additional information. So has it formed a bottom? It has, but you don't like right now that resistance is holding. And that always says that price could move low. If I look at a weekly chart for you, let's see what kind of signals we have out here. On the weekly basis, this would also support being patient because price closed below for the last two weeks, it's TD9 breakout level of 149.15. And we don't have any kind of a bottom signal here where we do on the daily. We do not on the weekly. However, the weekly chart does have a oscillator and change line that changed colors last week. So typically we see price and that level catch up to each other. That's at the 156.75 area, Greg. So here's the way to take a look at this. I would wait for this to prove itself to you and a price conclusion of 149.32. The IBB should at least make a move to the 156 and change area out there. And above that, you're back off to the races. So I hope that helps you out. Thanks much for writing in and we'll be back in just a few moments, folks. You having fun trading the markets, but having trouble finding like-minded individuals to discuss your trading and investment ideas with? 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The first one coming in from Susanna and Susanna from Canada. She wants to take a look at two symbols out here. The first one is Ballard Power Systems. The ticker symbol is BLDP and she also wants to take a look at the Bitcoin. Do I add or get out? Do I have long BLDP debating? Do I add or get out? Okay, so here we just take a look at Ballard Power Systems and as relates to its daily, weekly, and monthly profiles. Not good news out here, Susan. Price is trading below all of them. Now price is trading back into a recent swing point. Well, there are really a couple of recent swing points. There's the one from October 6th had volume of 3 million shares that was tested and rejected with 4.6 million shares on December 6th. Typically, when you test a swing point with volume, you go back and you retest it. The test is taking place as we speak on Friday and today. Friday, the move down was with 3.7 million. You're at 2.0 million right now. So maybe that's about another 3 million. I think at a minimum. So the low from today is 12.78. The low of that swing point from October 6th is 12.78. Boy, so you've tagged it. Let's go see if there's any kind of a bottom out there on the daily timeframe to assist with you. Now, you've already held it this long. I would at least wait until so I would at least wait for price to let me get back to the daily chart here. Interesting. I wait for price to at least close below that swing point from October 6th before I get rid of it. Now, what we have out here is price is now also moving lower doing less relative energy. Doesn't really help you because it's not a confirmed by pattern until we get some type of bullish reversal candle. So the earliest, well, that could happen to me. Well, it could happen today. This thing would really have to take off, but not likely. So I would wait. So since you have what I add to it, I would add to it if you got a confirmed bottoming signal on this run out here. We don't have that. So I wouldn't add to it for sure. Would I jettison this? I wouldn't unless I saw price close below the low from October 6th. That was tested today. So that's I believe that's the 12.78 area. Let me look at the weekly chart any kind of bottoming signals out here. And the answer is I don't know. Other just testing the swing point, which was a hammer candle for May 14th. So there's another area to watch that low is what is 12? 1280. Yeah, 1280. What do I have on that first turn? Okay. Make sure I was that low. 1278. Okay. So it's closed below that 1278 that would say, yeah, maybe you've held it too long. And I don't have much for you on the monthly timeframe. So in summary, price is pulling back similar type volume into that October 6th swing point. A rose meant to indicator signal has been triggered. I wouldn't close it out again unless price closed below that October 6th low out there. And then if you got a bullish reversal, it doesn't do that. You get a bullish reversal candle to confirm your rose meant to indicator signal. Then at least as hold, if you want to add to it, you know, okay, resistance at 1399 above that 1767. So Susanna from Canada. I hope that helps you out. Thanks much for taking the time to write in and have a magical marvelous Monday out there. Let's go. You also want to take a look at Bitcoin. So let's pull over the Bitcoin chart. What did you want? You wanted to B. L. B. C. L. I. B. C. Shoot. I don't want to start that right now. That'll screw me up. Sorry about that. So let's take a look at Bitcoin. Here's the December contract for Bitcoin. I don't know if you just asked me to take a look at it. What we don't have out here on Bitcoin is any kind of a bottoming signal. The oscillator change line change colors back on December 3rd. At some point time, we'll see price in that level catch up to each other. There's an A to B equal CD to the downside patterns and play out here. We go try to take a look at where that might take price to let me get back to my Bitcoin futures charts. Give me a moment. We're looking at the December contract. Oops. Sorry about that. Oops. I think that's somebody calling about tickets for Pat Matheny, but we'll simply have to call them back. Let's, where is Bitcoin out here? Come on, Steve. Where is it? Where is it? Bitcoin. There we go. So let's go take a look at the A to B equal CD down pattern that is in play out here. So the A point in Bitcoin is all the way up here at the high from the trading day of November the 10th. Our B point is going to be the low from November 26th, which also happens to be the C point. So the B and C are going to be the same swing points. So the one to one would get us down to the 43, 680 level. We're at 47, 410 right now. So with regard to Bitcoin, that could be a currently buy pattern. It could be a buy the D point pattern. It would need a bullish reversal candle as price makes its way down there. Today is going to become bar number 7 of a TD9 count. So it is possible that between tomorrow and Thursday, there could be a TD9 count bottom that would form. So more to follow. Susanna, why don't we maybe right back to me tomorrow or on Wednesday and we can take a look at it and see if that pattern has come to fruition. But this stage here, the daily chart is suggesting lower price out there. The weekly is suggesting the same. So in the case of Bitcoin, just anticipate right now that we should see some lower price. So I hope that that helps you out. Thanks much for taking the time to write in. The next request coming from Michael P and Michael wants to take a look at Tesla. So I want to get something else started on my white background charts and let's get back to my three time frame charts out here just to make this efficient. If we can where are we are three time frame charts come on Stevie over here. So let's go take a look at Tesla and then let's read Michael's question. Michael's question goes like this. What do you think of Tesla filling the 890 gap? Any ramifications on the Q and SP Y with regard to Tesla let's actually type in the actual ticker symbol TSLA and the first let's take a look at Tesla and see what it's signaling to when I'm like the first thing we know that price is trading below the bottom of its daily profile trading into a breakout level. That's from the trading day of October 25th 63 million shares. You're pulling back with 17 million shares. So it's pulling back into a supporter potential supporter with light volume but below profiles. If we take a look at the weekly profile resistance is well prices above resistance. So old resistance perhaps is new support. That would be the top of that weekly profile or 876 so 876 becomes a target or a potential target. Let's look at the white background charts out here and we take a look at Tesla. What do we know what we know is that price may be targeting that 855 50 level. So I gave you the breakout of that gap to the upside. Wide price spread there was accelerating volume there. The actual real breakout is that 855 50. So that may be the area for you to take a look at Michael as one possibility. What other things do I see out here chart wise pattern wise not much. I see a potential consolidation that consolidation would look like this. Let's go back to the black background charts. Easier to see that. And that depends on whether or not this gap so you're asking you know will price go back and fill that gap out there. Well if it's going to fill that gap we can go take a look at Tesla and say oh Michael why not ask about the gap that formed on October 15. That's an open gap that is still out there. Now maybe you did you said 890. Let me see maybe you were asking me about that gap that high was 843 so no you're asking me about this gap right here which is the 890 that's the high from October 22nd so you're pulling back with light volume it can. The consolidation pattern at least at this moment looks pretty much like this I would say you know we're back towards the bottom of that consolidation so can it fill it I don't have anything on my charts here Mike to suggest that it can't right no bottoming signal on the daily time frame the only thing we have is price pulling back with much lighter volume into a breakout area. Steve Rhodes with TFNN we'll be right back. We'll be right back. 8322 call us today. It stops to set for each trade. Dave delivers his weekly newsletters every Friday with updates throughout the week. You can get the technology insider at TFNN.com for only $37.50 Sign up for Dave's newsletter the technology insider and get an inside look at everything the technology sector has to offer. Try it risk free today with our 30 day money back guarantee. TFNN educating investors. Has room to run or has run its course trade L.A.B.U. or L.A.B.D. Directions daily S&P biotech three times bull and bear ETFs. 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Last night we were seeing family up in the Orlando area for the weekend. Played some nice golf. On the way back yesterday we stopped and stewarded really what has become my favorite movie concert theaters called the Lyric Theater was built in the 19, I think 1927, 1917, somewhere right around there. They did do a little bit of refurbishment, but what I love about it, Gary, I love music is the sound. It's the most amazing theater. We got like the last two seats for this who was playing last night, Peter White and Mindy Abert. So it was a jazz Christmas type concert, really good. We were stuck truly in the corner, the very back corner up against, kind of like what looked like cement type walls. The sound was amazing. If we closed our eyes, you would have no idea that you weren't sitting right dead smack in the center. It's just a, so yes, I had a great weekend. How about yourself? Okay, well, a busy one, but is that in, you said Stewart? Is that near where Francis Langford had her boat in restaurant? Yes, yes, yes. Stewart, Florida. In fact, in Pat Metheny is going to be playing there in February. So I'm trying to get tickets for that, but I don't know if I'm going to be able to see them there if I've got to go to Miami, but in any event out here. More on that, I love the kitchen. So I know you want to talk about a couple of different facts. So, you know, and I'm a longer term guy and I get a little bit, like screw up with some of the timing, but I'm long the TMF and the TLT and I have been for three months. Okay. I've got some stuff come and do throughout all of next year on that. But on the same token, when I'm expecting from all the macro people I'm following, you know, some of my sentient email and stuff, a couple of them. Yes. So the reality is, is that, that the dollar is going to get stronger, which causes problems for the emerging markets and some other things. But also if the interest rates keep falling, which I expect them to do, obviously, not that it's obvious that they will, but it's obvious, I believe they will. But the other part of that is, is how does that affect gold? Well, that's, that's quite a question. So I know, maybe a more in depth question someday, when you're slowing, you guys, you know, you're looking for something to do. I, you didn't have any call in, so I thought I'd throw no, no, no, no, that's okay. That's okay. Just trying to stitch together everything. So let's just first start with T bonds and what they're doing or what they're not doing, maybe why they're doing it. So you are along the TLT. And as we take a look at what I have up on my screen right now for everybody that's watching us on Tiger T, we've got the daily in the upper left, the weekly in the upper right, the monthly in the lower left, the quarterly in the lower right. So we're just first, just take a look at profiles. What you like right now is prices trading above the top of its bearish structured daily profile. That level is 160, 314. So a close above that today is going to suggest that price should go back and tag its recent highs. That's the high from just a few days ago back on December the 3rd. And that's up in the 165, 27 level. So the daily is bullish. The weekly, right now, price is a brand new weekly profile that is forming. Price is trading above the top of it. That's at 163, 13. So that's another indication that 30 year treasuries should move higher. If we look at the monthly chart, we can see that price is already above the top of its monthly profile. So from a profile standpoint, the next level of resistance for you is at 169, 15. That is the center of its quarterly bearish structured profile. Any questions about that information so far that I've provided to you? Nope. It's excellent. Thank you. Okay. So now let's look at just simply the white background chart, see what they are communicating to us. We can see that right now we're in the March 2022 contract out here. Price is above its green oscillator and change line. That suggests it wants higher price. So that just confirms what we looked at from the profile area. And because we've just rolled over to March 22, it's not a lot that I can share with you about the weekly chart other than we know that a TD9 breakdown level occurred at 16409. And three weeks ago, that is exactly where price ran in resistance. So 16409 is going to be a key area of resistance for you on a move higher. A close above that would be a positive, but it does look like the 30 year treasury wants higher price. Now, what does that mean? Is that lower interest rates could be? Is it just a man to be able to get into US dollars? And that's the thing that we have to really take into account. What do you mean we have to take that into account, Stevo? All we really have to do is go back and just take a look. If you are in Europe right now, if you are a holder of euros, what we can see here is that you've had a currency deflation ever since June of 2008. This is the top portion of this chart is the euro. And you can see that it's been in a decline ever since then. And so people are maybe saying, no, maybe this euro isn't going to be here forever. And if you were trying to get into US dollars, buying a 30 year treasury bond would certainly be one way to do that. So what are those interactions? Do I, can we definitively make that statement out there? Yeah, I'm definitively making that statement. So, you know, so interest rates could just simply be because of demand for the 30 year treasury. People just want to get US dollars. So that's what they needed to repay debt. Well, absolutely. Yeah, if the interest rates do go up, as you pointed out, that's going to really hurt emerging markets and there's because it's going to cost them more. You know, if the US dollars going up in their currency, their local currency costs them more because of all the bonds that are denominated in US dollars out there. So I'm going to kind of keep my thought process with regard to the 30 year treasury, just simply based upon the 30 year treasury and its patterns versus some type of interaction that it might have with regard to US equity markets or even metals markets out there. So that's my opinion. That's my take out there. And you could just measure that against, you know, other people's opinions as well. So that's why for the 30 year treasury, I couldn't, I wouldn't be talking you out of getting out of your long position because everything we just looked at suggests that it wants to move to higher ground. Okay. Got it. Got it. Okay. Someday I'd like to explore that next step because I'm actually have put on certain things with the financials and things like that with a declining interest rate, you know, effect on them. So we could talk about that another time. I know we're getting to the end of the show. So thank you. Well, we're okay. We've got another minute here. So with regard to gold, you know, and the strength of the US dollar. So we've had gold going up and we've had the US dollar index also moving higher. So US dollar index moving higher, T bonds moving higher. Another indication to you and I that the demand for dollars is there. Why? I think that people are getting a bit nervous over in Europe with regard to everything that's going on over there, maybe elsewhere around the world. And so people are saying, you know, maybe there's just crazy everywhere, but at least it's a little bit less crazy in the in the US. So the key here with regard to metals is going to be as currencies move up and down, will the metal continue to move higher in all major currencies? Right now today, you're higher in terms of pounds, you're higher in terms of yen, you're just about break even in terms of euros and slightly higher in terms of US dollars. So I think it's better to take a look at gold in terms of those primary currencies to help us understand what a global capital is communicating to us. And right now, the real key level for gold is going to be a close above the center of its weekly profile. That's been the real resistance level, Gary. And that's at 1788 20. Perfect. That's great. And I thought the other point part two for the some of the miners, I know you would mention the other day you're along the new month. Yes. And and for some of these international miners, there's actually benefit to the dollar going up, as I understand it. Absolutely. They're, you know, filling up their product in dollars. So that'll be interesting to see how that plays out with the rising. Gary, we're going to we're going to a hard break here. You can hang on. If not, we know we'll close out the show. But I've got to say goodbye right this second. We'll be right back once 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 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. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be TFNN educating investors. 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