 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 February 29th, the terrific Thursday edition of today's Trader's Edge show. I'm your host, Steve, Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there's having a great day. Let's make sure we have an extraordinary one. Now, the easiest way to do that, to always remember that life is happening for us, not to us. That's right. When you and I make that one little two-by-four shift, it means we can find the gift in every set of circumstances 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 am here to serve you. So feel free to pick up that phone. We'd love to hear from you. 877-927-6648. Now, if you've got a question which you can't go in, we've got you covered. You can always send me an email. Send that off to Steve at tfn.com and inside the subject heading, subject heading, please put radio show question. Of course, if you're inside our Tiger's Den, well, then any in every ping will do. So let's go ahead and get this show started on terrific Thursday. Of course, this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to the show. Well, we've got a little bit of a sea of green right now. The Dow just turning positive. It's up five points. Joining the other US indices that are trading to the upside. S&Ps up 14 points. Nasdaq 188. Russell's up 18. Semi's up 73. Gold's up 12 bucks. Silver's up 16 cents. Like we could up six penny. Natural gas is flat. The 30 year treasury printed out 1912. The leader in the clubhouse to the upside is super micro computer up 56 bucks. We're going to take a look at that during the show with Steve or for Steve Woods. We'll take a look at his float indicator there. Duolingo up 43 bucks 22%. Now I've never used the app, but I do have a granddaughter, youngest granddaughter has been teaching herself Japan, Japanese on that. It's really pretty cool. Very eight years old. Just decided to pick this up last year. Micro strategy up 36 bucks or 4%. Oaked up 17 bucks 20%. And Vidya is up 15 bucks, about 2%. To the downside, it's Snowflake. CEO is leaving down 43 bucks. That's a 20% move. Our Genix SE down 24 bucks or 6%. Regeneron down 15 bucks. Viking therapeutics up 15. Bank of Montreal down 13 bucks. It's a 4% move there. So let's go take a look at what you want to look at. What do you want to look at? Let's go take a look at. Let's go see what we've got going on here in the daily equity future contract. So we know that as of our last set of swing points, let's go take a look at this daily timeframe. Let us set of swing points out here. Major swing points on a daily timeframe would be the July 27th high. And then the low would be the October 27th low. If we take a look at that and apply our Fibonacci expansion, you can see we're just sitting right at the 1.618 expansion level of that set of swing points. 5091 is the number we're at 5091 right now. Price is above the top of its barest structured daily profile. That's a positive. If there's any negative that I would see out here, I see one, two, three, four bars with lower lows. But today we have spiked a bit higher out there. What does that mean? Well, right now, what price is doing, it's testing at 5105. You can write that down in your pad of paper. 5105 is that green oscillator change line. If price were to close above that today, not that the ESMini is not bullish, but it would get to all out bullish mode out there. There'd be no traffic. There'd be no resistance point is really what I should say. So that's the ESMini out there. What's its next price projection level? 5309. If we take a look at the NQ, I don't have the expansion levels on here right now. The reason is because we've got a roadsman to mitigate our top. And that's at the 18040 level. There was a bear sash candle that formed a couple of days ago. By the way, my apology for being unable to host a show yesterday. Internet issues was down until about 430, something like that. I'm still actually having some issues in the house now. So we got real wireless issues, but luckily I'm wired hard in. So a programming note, I will be unable to host a show tomorrow. So I'll be back with you live on Monday. Nothing internet related. I'm going to go play with my one of my youngest out there and roll around on the floor and just have a blast with him for the weekend. So with regard to the NQ, watch 18040-25. The price closes above that. We're headed higher. Otherwise, it still has its roadsman to mitigate our top. Now, the interesting thing about yesterday's activity and today's activity, price had closed above the top of this bear structure daily profile for more than two sessions. It began that close above it on February 22nd. It remained above it for four sessions. Then we get that bear sash candle. That bear sash candle yesterday creates the roadsman to mitigate our top and closes just below the top of that profile. Old resistance typically becomes new support. But in this case here, we know that counter trend moves. And I can only tell you that right now as of 11-11, the activity we've seen inside of the NQ over the last four days has been nothing more than just a counter trend move. And the reason that we conclude that is because all counter trend rallies will typically end at the center of that bearish structure daily profile once you close above it. I hope that makes sense to you. I can just give you the load out here. 17-793. If you see a close below the NQ, I'll say tomorrow, today, not likely. But if you do see a close below that, then this is telling us something else. Now that something else might just take price back to 17-531. So the two numbers to watch on the NQ, just cut to the chase, Debo. 18-040, 25, and 17-793. Those are the numbers that you need to know for the NQ and that will assist you in which direction it decides that it really wants to move. Now we take a look at the Dow equity future contract. We do have, it does not have a top in place. No topping pattern. I can't say, you know, it doesn't have a topping pattern. As a top, I don't know. I don't have a topping pattern out here. What we do have is price trade above the top of this daily profile. Old resistance. Yesterday, today has shown that it is new support. It's beyond the 1.618 expansion of its last set of swing points. So the Dow equity future contract says it wants to get up to that 40,116 level. Now let's take a look at that Russell 2000 equity future contract. One heck of a nice rally. But how strong is that trend line out there? Price right back below it right now. Look, it's got a, the key number here for the Russell to the upside is going to be 2097. The price were to close above that. Geez, that could actually set up a gigantic A to B equal CD to upside. That is not the pattern that we have right now. That's your top 2097. A secondary top is that trend line. And that has a, that has a, so what I watch for is if the Russell were to close a day above 2065, that's my best guesstimate right now because I don't, I can't really put an exact number, but it looks like about 2065. If price close above, you know, I can tell you, this looks like a dark cloud covered candle to me. It didn't close all the way in there. I'll just leave it like that. 2065, you get to close about 2065 odds favor the move to 2097 out there. So that's what I see when I take a look at the daily equity future contract. Just curious how we trade in the other currencies out there. And a new all-time highs, 4033, we're at 4032. No, no, no new all-time highs in the other currencies as I see them just yet. So now what do we want to do out here? What do we want to do? I'll tell you what we'll do. Let's go take a look at some of the intraday charts. So let's switch panels here. And we're also going to have to get over to that chart and fire it up. If you give me a moment, we'll go to the white back. Well, you know what? We're coming to a break. Let's do this. We come back to this break. We've got, I believe, a couple of questions from, that was supposed to be yesterday morning for Jay and Boca firm, POWW. Then we're going to take a look at AI, MARA, SMCI, AMD, Lightsweed Crude. And we'll keep those rolling too. Steve Rhodes with TFNN, 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 Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN Educating Investors. 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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. 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. 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. Back charts up for Affirm AFRM, by the way, is the ticker symbol out there. We've got the Daily, the Weekly and the Monthly. This is for Jay in a Boca Raton out here. So Jay, thanks for waiting an extra day on this. I believe we didn't get to it on Tuesday out there. So we take a look at Affirm right now. What do we have out here? Right now I just have a consolidation with Insight and Staley Profile. So the level of support would be at 37.06, the level of resistance would be between 40.52 and 42.83, with there being also resistance up at the 42.20, let me make sure I get that right, 42.22 level. So do I have any kind of a bottom signal out here on Affirm? So the bottom signal would have to be this Jay, and that is that price got back to the breakout level at 37.25. And getting back to a breakout level, you do see a TD9 count out here, but it was bar number six that made that low. To me that doesn't qualify as a bottoming pattern out here, but you do have that breakout level. It's been tested and it's pretty much held for the most part. So what price would have to do is, price would have to, on the daily base, have to close up 39.01, to suggest that it wants to go take on where those sellers are at at the 40.52 and 42.83. They're sellers by the way right here at 39.01. Weekly chart, TD9 count with a consolidation inside its profile levels out here. So 34.12 at support, 49.42 at resistance. Monthly chart looks pretty good, although on a monthly basis, we close out the month today. We are closing bill last month's low. So that's not a great sign out there. So I would suggest here, if you look at our product, I didn't write down anything else, any other details. I don't recall if you gave me any other details. But if you're looking to enter this, I'd be watching the 34.12 area, probably more than anything else. So that's what we see when we take a look at a firm. You also want to take a POWW. So let's pull that set of charts up on the screen. I'm POWW right now trading at about 236. You'd love to see this close a day above 237. If it did that, that would be telling you its intent to go target its most recent swing point. Now that recent swing point, pretty wide ranging, runs from 245. So you'd love to see it close above 245 all the way up to 273. Now volume there was 1.6 million shares. Today you're trying to push into it with 167,000 shares. So way light on the volume standpoint. Nonetheless, POWW trading above the top of its daily profile. If it can close above 237, that's its green-acid and change line. It should go retarget those recent highs. The weekly chart looks bullish as well, with price above resistance levels. Those being basically a 218. And in the case of the monthly timeframe chart, nothing bearish here that I see. Price just trading with inside its profile as well. So Jay, thank you for waiting an extra day for your review of POWW. And Affirm. Jim writes in and he wants to take a look at AI. So let's pull those stock charts up here. And Jim was looking for resistance levels. Jim C. Well, first what pops up on my screens out here is your next resistance level is 4490. Now that's on the weekly chart, by the way. That's a TD9 count breakdown level. Why does DB come up with that as a conclusion? Well, first of all, we're trading above all of the most recent swing points. So that would be number one, wide-ranging bar. We're trading above green-acid and change on the weekly basis. It'll close above 3081 tomorrow. It's going to be all out bullish conditions. So 4490 is the weekly next level of resistance out here. On a daily timeframe, it's at 4068. That's its TD9 count breakdown resistance level out there. Now, what do we see? I see pretty much a consolidation breakout that's going on here. When we take a look at the daily timeframe, if we draw in the approximate consolidation pattern, I'm not going to worry about being on a right. So the bottom is pretty easy to line up here. That's easy. And I'd say the top, pretty much right there. Right about here. So now what we've got is a consolidation measured move for AI. That's the breakout today. And so if we take a look at this, we're just simply going to add this to about right here. And that's going to give. So it tells us where this wants to go target. So usually when you break a consolidation, Jim, what an instrument will do is make a measured move equal to or greater than the actual measured move. So we know we got resistance on the daily and the weekly in that 40-ish dollar area. This has us getting up towards the 43 level, which really gets us back into the swing point on a daily basis from back in August of 2023 out there. So you were looking for resistance levels. I think that's what I provided to you. 45.03 on the monthly base would be the AI resistance level as well. You also wanted to take a look at Mara. M-A-R-A is a ticker symbol. So let's pull that up and see what we have going on here. Now this has a new profile that is forming today and price is trading inside it right now. That new profile has supported 2381. Now as far as tops are concerned, it had a Rosemont Dominicator signal that's been triggered. Believe it or not, we still don't have the bearish reversal candle, but we are trading now back below that greenhouse pattern change on inside the profile. So the first level to watch today, Mara, is going to be, Mara, Jim, is going to be 2610. That's assuming that price closes below that. If price closes below that, that becomes your first resistance level. You were looking for resistance. If price closes above that, resistance is maybe around 2731. It's greenhouse pattern change on above that 2918 out there. When I look at the weekly timeframe chart, the weekly timeframe chart at the moment, not that we don't even need it at the moment, the weekly timeframe chart has a TD9 account top, a Rosemont Dominicator top, but price has not been, it's had those for a while. Price has not been able to bust through any real key levels of support. So the next area of support on a weekly timeframe for Mara on a move lower is going to be 2273. Resistance on a move higher is going to be at the 3130 level. The monthly timeframe chart, so this is going to be important for you to watch, Jim. We just talked about, I don't recall the instrument. I don't recall the instrument at the top of my head. That's how good my mind is, isn't it? But we talked about the barest structured profile. This is the opposite. Time frame doesn't matter. Bowler structured profile. Price closed below it for many, many months. If the move is only a counter trend move inside of Mara, where would it find resistance at the center? Where is the center? 3135. It's tested that this month. It tested it two months ago. That's your strong resistance level. So if you want to really know where Mara is going to go ahead and have a big old party and invite everybody, it would be a monthly close above 3135 out there. So right now I'd have to say, it looks like to me this wants to pull back 2381, 2273. That would be the range that I would be looking at. So I hope that helped you out, Jim. Thanks so much for the request. Stevie Woods of the Woods Float Indicator out there. Watch the take. Look at SMCI. That's our leader in the clubhouse, by the way. A dollar-wise, the upside, a $49 move up nearly about 6%. But when we take a look at it, what is it actually doing out here? Great question. Well, it's trading above the top of its profile. So, Stevo, 785.36 is going to be a level of support on any move lower. Your first resistance level in the daily time frame is at 900.71. That is the green-octane change line. That is the level, even though it's up 48 bucks and even though it's a 6% move, that's off of yesterday. 900 and change. Let's call it 902. A close-up of 902 would get this thing really bullish because it would be above all-profile resistance. It would be above its ossiter and change line resistance. Then the next upside target would be this bearish engulfing candle out here from the trading session of February 16th. And that resistance level is the high, which is at 1,077.87. Let me open this up. Just a tad, pull this back. See if there's anything else out here worth noting on the daily time frame. The answer is no. On a weekly time frame, you've got a rogement indicator top of price above... It's neutral. Price above profile resistance, its ossiter and change line. It's all out bullish on the monthly time frame. We come back with this break. I'm going to go ahead and put the float indicator chart up so that Steve can take a click at it and try to get the folks to the signal to correct zero for TFF. As a precious metal, gold is still king. 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Join us live Monday through Friday during market hours for exclusive content that moves with the markets. At TFNN, we bring the trading floor to you. Our seasoned hosts are here to answer your calls and questions live on the air. Check out the Tiger's Den for just $1 and follow us on YouTube and become part of our vibrant community. And remember, at TFNN, we're so confident in the value we provide that we offer a 30-day money-back guarantee on all new premium newsletters, subscriptions, and services. You have absolutely nothing to risk, so why wait? Tune in live to Tiger TV and transform your trading journey because when you know better, you invest better. Join us and experience the difference today. TFNN Educating Investors. Folks, so the chart that I'm showing here is the daily chart for SMCI. The indicator that's out here, pretty cool. Some of you may know Steve Woods. He's the one that's developed this float. Turnover channel indicator. That's what that purple area here. So it's a tool that's on the eSignal system, but it wasn't working properly. So Steve asked me if I could post this chart so he could see what's going on. So there you go, Steve-O, and hopefully they've corrected what it was you were looking for. The next request that came in is AMD. That is for G-Man inside the Tiger's Den. For those charts, we're going to go back to our white background charts. Take a look at those daily, weekly, and monthly timeframes. Get a feel for what is going on here. So we take a look at AMD. The question is, will this continue to move northward? And the answer to that is blowing in the wind. Looks like the answer test. We speak right now at 1131. The answer is yes. Why do we say the answer is yes? Well, first, we're trading above the top of its daily profile. The top of that profile is 18163. Second, we're trading above the top of its Roseman Dominicator top. That was from February 23rd. That high is 183.80. That's the most important level right now for you to watch G-Man 183.80. If price closes above that, then this is a move to the upside. Now there is a swing point that it's also dealing with here. Let me just open this up. I don't know if that was a sell the D point. Yeah, that was also a... But it wasn't a bearish reversal candle. So it's just a swing that has volume right now. It has volume right now. It's not going to change, Steve-O. That was back on January 20th. Don't you just love the intelligence that sometimes I display? I know it just cracks the, you know, out of me. But that event out here, if we take a look at that high, is at 184.92. And it's important, but the more important high for us right now is really going to be that high from the dark cloud cover that 183.80. But to answer your question, you close them up those things out there and it would suggest that it wants to move higher. If we take a look at the weekly timeframe, the weekly timeframe does not have a top and price trade above its weekly profile. So tomorrow, and I won't be able to be with you tomorrow to take a look at this, we can on Monday, but a close tomorrow of 179.80 is another bullish outcome. Of course, closing above its swing high and that's the swing from January 26th and that high out there was at 184.92. That would be a beautiful thing. And the monthly basis, everything, you know, you're going to close the month. It appears with a close above last month's high. It's just simply bullish. Daily, weekly, monthly timeframe. So the only thing I could get in the way is some kind of intraday chart that shows some kind of topping pattern. Again, this is getting ready for a retracement or pullback. Well, the 30 minute timeframe chart doesn't have that pattern. Yep. So we don't have anything there to be worried about at this stage. How about the 65 minute timeframe chart? You don't see anything there. We'll just try one more, which would be that 130. Again, we use these timeframes, may seem odd to you, but if you think about it, reality is a 390 minute session. If you want to do true technical analysis, each bar should basically be the same timeframe. And that's why at 130, there's 330 minute bars in a day inside the indices and inside the stocks out there that we trade. So let's just skip this back to a 30 minute chart and let's move on. So G-Band, help that help answer your question with regard to is there an upward movement continuation? It will be revealed to you at day Zen, but right now the answer is absolutely. John C inside the Tigers, they want to take a look at light sweet crude. So let's pull up the multi timeframe charts for light sweet crude. Give me a moment. We'll get there. And here we're going to have daily, weekly, monthly. And the shortest intraday type here that I have here is the heck. What the heck's going on? Oh, I see. I'm like, what the heck's going on in my 30 minute chart? That's because it wasn't updated. There we go. Okay. So on a monthly basis, right now, John, on a monthly basis, light sweet crude is dealing with a potential resistance level. And if you can close above, we're talking today. And that level is at $79.31. If price glows above $79.31, that's going to suggest that we should rally further, with $80.13 being a bit of a battleground and $86.17 being another battleground. That's the monthly, the weekly timeframe chart. It looks bullish because we're trading above a green oscillator and change line and it's profiles. That says it wants to head higher. So what's the holdup here? The holdup is really the daily timeframe chart. And then the daily timeframe chart right now, price is trading above the top of that daily probe, about $78.43. But there's a trend line that it's dealing with as well. We looked at that during that update. So you've seen that. So we don't have to review that. So it's just really running into some trend line resistance that if you can clear, and it really, you could draw that trend line. It's a simple one here. Just draw it from this high, this high being November 30th. Then to that next high out there, which is on the trading session of January 29th. That's your little trend line. If you get price to clear that out there, then it'll just simply confirm what the weekly and the daily timeframe charts are telling us. Inter-day wise on that 30 minute timeframe chart, what do we have here? Price to trade above profile, it's green oscillator and change line. It says it wants to head higher out there. So everything that we look at is saying that it would like to head higher. It's just that trend line. And I have no idea whether it's going to fail or not. But that's really what Lightspeed crude is dealing with as far as my eyes can see. So hope that helps y'all, John. And as always, thank you for taking the time to put in a request. Duncan Steve as well. We'd like to take a look at an instrument. Fortinet, FTNT is the instrument we're going to take a look at momentarily. Let's get those charts up on the screen. And we take a look at it. It is consolidating with inside its daily profile. It's rated into the sell zone, Steve. The sell zone, Steve. The sell zone is between $69.39 and $71.49. That oscillator and change line, you can see, boy, that is acted as a real key resistance level. So you know you need to see it close above that. It being $70.09. Of course, you were going to get a rally to be a little bit above that level. And then if it could close above that, you'd be looking at $71.49. Now, if we close below $69.39 today and we close below $69.39 tomorrow, Steve, I would say prepare for a move back to $65.20. And $65.20 is the bottom of its daily profile. That's what the message of the daily time frame chart is as we speak right now. The weekly time frame chart is simply bullish with price consolidating with inside its new profile. Its new profile has resistance at $70.52. It centers at $67.12. And the bottom is down at $58.64 out there. So you've got a bare structured profile. Resistance, again, $70.52. So you've got resistance on the daily. It's $70.08 or thereabouts. $70.52 on the weekly out here. And support at $65.20, $67.12, $64.07, and $58.64. That's what I see when I take a look at Fortinet or Fortnight, however you properly pronounce it. And the monthly chart just has a consolidation with inside its bullish structured profile. Oh, I take that back. The monthly chart for Fortinet is just simply all out bullish. Price is trading above. Closed above last month, the top of its profile. Looks like it's going to close above on a monthly basis. It's green oscillator and change line at $67.28. So it's just waiting for the daily chart to get its mojo. And can't tell you when that's going to happen, but it does look like it wants to get back to that $65.20 level out there. So I hope that helps answer your question. Let's go out to Robert in Kansas. Robert, thanks for calling. Thanks for holding. How are you today? I'm great to see you. Doing very well. Thanks so much for asking. And the Russell 2000, I believe, is the area that you want to take a look at. Tell the folks what you're doing and how I could best help. Now we're going to go to a break here, Robert, in about 20 seconds or so. So tell me what I can do to help you out. And then when we come back from the break, we'll see if we can see if I can fulfill that request. You bet. So I just wanted to kind of like back up and look at the bigger picture. Last week, you were thinking that like the major indexes were like a, you know, long term, they were going to be bullish, but you were expecting some type of pullback. Correct. And I wanted to kind of elaborate on that if you kind of go back to that point, specifically the IWM today and see, are you still thinking that or have you changed based on new information and what the market's doing this week? Perfect. Have you changed your, you know... Excellent. Excellent question. Excellent question. Thanks for teeing that up for me. We come back from this break. That's what we'll spend our time taking. Thanks, Robert, in Kansas City. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex Report. Teddy Kegstad breaks down the forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, forex, stocks, and options. 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The funds are designed to be utilized by sophisticated investors such as traders and active investors. Distributor for Side Fund Services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Welcome back. The folks around the line with Robert in Kansas City, we're going to go take a look at the indices out there. The question is, does Stevie still believe that we are in for a short-term pullback? Short-term pullback, in my eyes would be one that lasts about four weeks long. So let's take a look at the Russell 2000. We take a look at the Russell 2000. Today it's testing its swing point from the all-time swing point high from December the 27th out there. That swing point did volume of 35 million shares. We got over it today. We're trading under it right now. The volume so far has been 18 million shares. Now we're about two hours into trading. So that's roughly about 54, 55 million share a day if this volume level, the first two hours, matches the last four hours out here or so, four and a half hours. So if we take a look at that again, 35 million versus we're at 18. So we're moving into this swing point with volume. What that tells me first, Robert, is even if we close below the bottom of that swing point, the bottom of that swing point from the trading day was December 27th, that low was 20340. If we close below 20340, odds favor that we're gonna get back up and at least test that level, 20340. Whether we get, you know, if we close inside that swing point, then that would tell us that price is gonna go at least test that high. So that's, and I see that also if I come off of that December high and I get to the next swing point that formed out here, we can see it forms a little bit of a trend line and so far price has rejected that. So what I'm not seeing here is a breakout inside the IWM. Before I move on to anything else, any questions about that, Robert? No, what I heard you say, you're not seeing a breakout, but potentially it may test that a few times and that'll tell us if it's a short-term top. Yeah, you know, that's a way to certainly frame it for sure. Since I don't see a breakout here, your question was do I still see a potential for a short-term top? And because we don't have a breakout in the IWM, my answer to that's gonna be yes, might take a look at the daily timeframe. Weekly timeframe, we have nothing more than consolidation right now inside its profile. If price were to close above 205.49 tomorrow, Robert, we might have a bit of a different take on that, but that would be the number to be taken a look at. The monthly chart looks very good. So the monthly chart gets back to the thought process that, you know what, after some type of pullback here, we start getting ready to move to the upside. That's the signals. And the reason why I say it on a monthly basis, folks, price trade above its green oscillator and change that to 190.24 and above the top of its profile, 190.290. So that looks bullish to me. It's not that the weekly chart has bearish or anything, it just has a consolidation inside its profile. But it's not the IWM, Robert. Sorry, because you called about the IWM and I wanted to go to that directly, I wanted to be able to answer your questions. It is not the IWM that I derive the conclusions from. Okay. So where I derive those conclusions from, we're more like the S&P, the Dow and the NDX100. If you don't have any other question about the IWM, I can throw those charts up and show you what I'm looking at. You bet. Absolutely. And you're right. I think you're referring to like the spy when they're having your discussion, but yeah, delve into that, please. Okay. So where did I put those charts? So the first chart, we're going to take like just the Dow and the S&P 500 daily, weekly and monthly, although why do I have daily, weekly up here twice for the Dow? Give me a second here. Obviously, Stevie did something wrong, but we're going to correct that. And then let me just put the proper template up here. So we're all looking at the proper thing all daily. Oops, that was the wrong thing. If you're short on time, you can just look at one of the indexes, the SS5, that works better for you. Yeah. Well, they're both up on the screen. They're really going to kind of show something similar. First, the question is, do we have a daily top? And the answer with regard to that inside the Dow Jones Cash Indice is yes. We have a roachment of indicator top. There was a bearish engulfing candle that took place about four trading sessions ago. So we've got a daily top in the Dow. We have a TD9 count top that's going to confirm tomorrow as long as price closes above 38, 654, 42. So the daily and weekly are saying, we're preparing for some type of pullback. As you know, we have pullbacks, they typically last two to four bars. That's where my four week comes into. Now four weeks is not going to come into play. In order for that to happen, the Dow must close below that greenhouse certain change line. That's currently printed at 38, 485. Getting back and testing and rejecting that keeps this thing still bullish. You can see even last week and the week before price got down, test that level and rejected it. So the weekly still has a top, but we need to see it close below that level. That level again right now today, 38, 485, that number is going to change. If we do get to see that, Robert, then that tells me the two, three, four week retracement is likely. The monthly chart is just simply all out bullish. And that's why it suggests that we should continue to move higher out there. I got you, Al, thanks. So that's on the Dow. If we take a look at the S&P 500, the S&P 500 has a wave number seven top. The only thing that negates that is a close, or is a take above the all time high. And that'd be at 51, 1106. If we look at the weekly chart for the spy, it also is going to form a TD nine count top as we complete that pattern next week. As long as price on tomorrow closes above 49, 58, 61. And on a monthly basis, it's all out bullish as well. So that's on the S&P and the Dow. If we take a look at the NASDAQ 100, this is the one we'll finish it off on, the NDX 100, if we take a look at this daily time frame chart, it has a wave number seven pattern. So that's the top. That pattern remains in effect as long as price is not tick above 18, 0, 91, 62. We have a TD nine count top that's going to complete tomorrow as long as price closes above 17, 6, 42, 73. And that monthly chart is all out bullish. That's how I come up with that conclusion out there. I do not see this as a major top period, period, period. How's that? Yeah, it would just be a short term pullback. At this stage, you know, I'm here to read, I'm here to read the opportunity. Yeah, I'm here to read the message of the markets. Things can change. And so right now that's what the charts are telling me. We are not at a major all-time high, but we should expect them to spate a pullback. And that pullback, you know, could, look, it could last four months, it could last three months too, but that's not what I see in the cards. Not today on David White's birthday, February 29th. So maybe we just end the day. Thank you very much. Appreciate it. You have a great long weekend. You bet. And thanks so much for the call. Ron and Denver has been waiting kindly. So let's go out to Ron. But we should expect that. Hey, Ron, turn that speaker off. That pullback, you know, it could last four months. Hello, Ron. Do we got Ron? Maybe just turn that sound off. So I know Ron is calling to talk about GRRR. So as soon as we get him on the line here, do we have him? Al? No, we don't. Okay. So let me, when we do, maybe just notify me that we've got Ron and we'll go take, oh, Ron, are you there? Yes, Steve. Thank you very much. My pleasure. I got to turn the speakers off in the background. We're getting reverb, so to speak. Okay, I apologize. Yeah, no problem. GRRR had good volume here. And I just wondered what the next target would be and what would I be looking for, volume? So you're trading at about 94 cents right now. The next level of resistance is 98 pennies. If you can get two consecutive closes above 98 cents, it's trading with inside a daily bullet-structured profile out there. That would signal to you and I want you to make a move up to a buck 30. It hasn't traded enough on the monthly timeframe to give me a ton of information, really nor so on the weekly timeframe. So just the daily, so it's a beautiful trade. It formed a nice TD9 count, Roadsman communicator bottom, TD9 count top, and now, Ron, the level to be watching is 98 cents and it should get up there and if you can close above that, a buck 30 is in the cards for you. Thank you very much. And one other question. IWM, I want to get you an opened up strong this morning, it's pulled back. Would this be a good entry point on IWM? We'll be right back. Steve Roads with Tia Pineda. 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. 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And remember, at TFNN, we're so confident in the value we provide that we are for a 30-day money-back guarantee on all new premium newsletter subscriptions and services. You have absolutely nothing to risk, so why wait? Tune in live to Tiger TV and transform your trading journey because when you know better, you invest better. Join us and experience the difference today. TFNN, Educating Investors. You might not have heard the conversation when I was on the phone and you were waiting for me to come on, but if you go back and you do the replay, I'm expecting anticipating some type of short-to-intermediate term top, something that could last about three to four weeks out there. Okay, I'm sorry. That's okay. I'll try and do that replay. I appreciate your comments. Thank you. Yeah, you bet. No problem. My pleasure. I thank so much for calling. That was Ron in Denver. Thank you, Ron, about the timeframe folks. As I do have those Russell 2000 equity future contracts on my screen out here, and if he was a real interday trader, I'd say, well, the 10-minute chart is giving a nice little buy signal at TD9 Count Bottom. You should see a little bit of a rally up to 2061. If you get above 2061, 2064 is in the cards, and then 2074, 40 is likely the area where the rally would stall, which is the sell zone on that 10-minute timeframe chart. So that's the only timeframe, by the way, of an interday standpoint that I've got some type of a signal. So let me get to a couple other requests that did come in. Alton wanted to take, like, a Devin energy. So let me go figure out where we put those charts. That wasn't that. He also wanted an oxy, but let's get Devin first. We take, like, a Devin. You're going to complete a TD9 Count Top today, and that suggests, Alton, that price should pull back to its oscillator and change line. That's at the 4329 level. The problem with that is if you get to 4329, you'll be below a barestructured daily profile, and that ought to take Devin energy down to 4270 or 4186. So TD9 Count Top completes on the daily timeframe today. You should see a pullback. On the other side, but if this pattern fails, to fail, you need to see a close above 4492, and then the next battle would be up at 4565. If we take a look at, move off of Devin energy, because we just have a few seconds here, and I go take a look at oxy for you. That wasn't it. Come on. Here are the oxy charts. Occidental Petroleum. What do we have here? You've got price running and resists at 6105. Alton, if you get a close above 6105, this is likely to rally to 6261. You get above 6261. You have a battle at 6362, and then finally, 6924. Folks, thanks so much for joining me today. Again, I won't be able to host the show tomorrow, but I'll be back with you all refreshed on Marvelous Magnificent Monday. Have a terrific Thursday, and happy birthday, Paula. We're thinking of you.