 The following is a presentation of TFNN The Traders Edge with Steve Rhodes Toll-free at 1-877-927-6648 or internationally at 727-873-7618 The Traders Edge now Steve Rhodes Good morning folks, welcome to the November 30th, the terrific Thursday edition of today's Traders Edge show I'm your host Steve, Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day Let's make sure we have an extraordinary one. Now the easiest way to do that is to always remember that life is happening for us, not to us That's right. When you and I make that one little two-by-four shift, 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 am 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 at 877-927-6648 Now if you've got a question, but you can't call in, you can send me an email Send that off to Steve at tfn.com and inside the subject heading, please put radio show question Of course if you're inside our Tiger stand, well then any and 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. Right now we got a mixed bag out there. The mix goes like this You got the Dow up 322 points, nearly 1% move. The S&P is flat. The Nasdaq is off 111, a 7 tenths percent of a move to the downside Where the Russell's up 7 tenths or 12 points. The Semi's are up a little over 1%, that's a 41 point move to the downside Trendy's up 105. We've got a mixed bag. The mix continues. We've got gold down 8 bucks and silver's up 12 pennies Lights recruiters off a buck. Natural gas is down a penny. Third of your treasury is down 17 ticks printed out at 1, 16, 28 Late in the charge, dollar wise to the upside. We've got regenerant pharmaceuticals up 19 bucks A little over 2% sales for 15 bucks over 6% Immune, immune ogen up 13 bucks 82% move there United Health Up nearly 12 or 2%. Our Genix SC is up 2%. That's a $9 move. Our shakers are led by Broadcom AVGO is a ticker symbol down $21 a little over 2% synopsis off 20 bucks 3 and 6 tenths percent Mercado Libre, Libre down 22 bucks over 1% micro strategy 15 bucks to the downside. That's a 3% move in NVIDIA 2.5% $12.40 to the downside as we speak right now. Of course, I want to look at what you want to look at. So what do we want to look at? Let's go take a look at first. Let's take a look what I consider to be maybe the three most important charts for us. What the heck happened there? Okay, so let's have the three most important charts. Well, maybe I've got a caller and we that's the second here folks, we do have a caller in the line. And so with call ahead and sitting, let's go out to Brent in Martinez, California. Brent, thanks for calling. Thanks for holding. How are you doing this morning? I'm doing great, Steve. I didn't want to mess up your mojo. I just thought I get to early and ask the question about Frank and Nevada. Absolutely. But yes, it's all going well. How are you doing? Good, good, good. So Franklin Nevada this morning, it's up two pennies trading out a 113 98 as we speak right now. What are you doing? How can I best help you? If you don't mind, we could, I guess, bring up the price show best maybe on the weekly or the daily. There's definitely a a vehicle CD. I'm taking the eight point would be May 8. It's like a 161 25 high. Yeah. And then my B point I've got is October 4. It's about 127. Yeah. And then the C point, it had a 382 retracement up to the 18th of October. And then it kind of blew away that swing point that that B point with big volume. I think it had like 700 and something thousand shares initially and I broke it with like two and a half million shares. So it's a confirmed a B equal CD. My question, I guess, would be, and I think the projections around 108. But if you could go back on the chart, believe it's February of 2021. There's a low there of around 105. Does that seem like something that, you know, potentially an area to go to or anything on your charts that would kind of indicate some area of a bottom that would make sense? Sure. Okay. So first thing, and we'll take a look at the weekly. You mentioned the weekly is maybe being a good place to start. So I take like a Franco, Nevada. I have a swing point that I'm looking at from the week that ended September 30th. That's September 30th of 2022. And that swing point did volume of 3.2 million shares. So far, it's Thursday, just early trading 3.2 million. So price is moving into that swing point Brent with volume. And I, if it closes below the high of that swing, which is 121.36 odds favor, that's a likely outcome. Then what that suggests to you and I is price should go target that low, which is 109.70. So on a weekly basis, now I don't have any other kind of bottom signals out there. I do see the different A to B equal CD patterns. They apply on the weekly timeframe chart as well. And so that would then say that this would need a bullish reversal candle to confirm a bottom. But since it is trading in that swing point, perhaps next week, what we get is a test of that low, again, that low being 109.70 does that less than 3.2 million shares. Then you have a test rejection of a swing low. Then what I would probably do is look to the daily timeframe chart for some type of sign of strength. Does it come off the bottom? Does it come off the bottom with the sign of strength? If it does and you buy that first pullback, that could be one way to trade it. The other way to trade it is if price is a test rejects that swing low on the weekly chart out there, what's going on in the daily timeframe chart? Maybe it's just simply a bottom pattern. Right now, other than the A to B equal CD pattern, no reason for me to re-show that, you identified that very well. There's also wave number seven that we're trading into right now. So there's a potential for a wave seven low. In order for that to occur, folks, we need to see a higher low. So the earliest that could happen would be by the end of trading session tomorrow. We also have a roachment to indicator signal that's triggered. That requires a bullish reversal candle to confirm a bottom out there. Can't say whether that's going to happen today. It doesn't seem likely, but that's what I would be waiting for. So you've got the wave seven bottom in the daily to pay attention to. Does that identify the bottom? Don't know because we don't have a confirmed pattern there. But on a weekly chart, I see price pulling back into that swing. Now, this is the end of the month out here. And so let's take a look at that same swing point in September of 2022. And the volume there, Brent, is 13.1 million shares. And so far for this month that we're pulling down into that level, 16.3 million shares. So all of this supports the idea that Franco Nevada is not done heading lower out there. The only word of caution is that certainly that wave seven bottom on the daily time frame chart. If I peek at the 30 minute time frame chart, we got a wave seven bottom there. We've seen any kind of a signal of a bottom on a 30 minute chart. And I really don't have that just yet right now. I've got prices trading with inside its profile with resistance being 114.49. Brent, does that add the information you were looking forward to assist or is there something else that you were looking at that I need to pull the charts even back further to look at? I think that's it for the white background charts. I personally have just been trying to be patient with this. It's had little bounces and things that is you know, a little headstate kind of stuff. I just, I think I need to... It has, yeah. ...have it finish off that pattern that I'm watching at least that I indicated to you. And Brent, do me a favor. Just hold on. Just hold on. If you can, we're going to hard break here. I'd like to finish up that conversation. We'll be back in just a few moments with Brent. He's in Martinez, California. And Stevie, he's in Delray, Beach, Florida. We'll be right back. 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. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Palm Dollar, Dollar Swiss, Dollar Yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence Forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60-minute webinar archive. He just hosted Forex strategies and fundamentals. 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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. We're looking at the stock charts here for Franco, Nevada. FNB is a ticker symbol. We're underlined with Brent in Martinez, California. Brent, they didn't want to have you just be cut off there by going to a commercial. So, at this stage here, your thought process is to wait for your price target to be hit. Was your price target again? Was that the 111.96 area? My belief is the 101 on that one I described would be around 108. Maybe you can put on your black background chart and see what it projected. Okay, give me a second here. We'll switch over to that set of screens. So, I had picked up my black background chart to pick up a little bit slightly different A to B equal C pattern, so there's more than one that's out here. So, I'll use that same A point. And I believe you came down to the low in October of 2023 and that would be a B point as well and then a C point up here for October of 2016 and that would be 108.80, absolutely. But there's another A to B equal CD pattern that can be used out here, Brent, and that would be, and I'm looking at the weekly chart just to make it easier. We could find a bunch of different A to B equal CD patterns on the daily chart. But that was starting with your high in May and so either you can take the swing low from August of 2023 on the weekly base. That was August the 14th week that began or the one that you're using which is October 2nd of 2023. Either way, the more conservative one, it's already achieved the one basically the one 1.272 level. Now, I would say the next bullish reversal candle would confirm a bottom. And yes, your price projection level is 108.80. And folks, both A to B equal CD patterns are correct out there. You just simply draw that in, be paying attention to what you're looking for to confirm those patterns. And I suggest that you take a look at bullish reversal candles or bearish reversal candles depending on whether you're looking for a top or bottom and then obviously integrate the other timeframe charts to see what they're doing, much like the monthly chart. Not monthly chart here, we can see that price has held one trend line and it's crushed through another trend line. What's more important is that price is trading below the bottom of a bullish structured daily profile. And that says a closed below 1.1566 day suggests lower price. That just adds to Brent's idea of waiting and being patient out there. So, Brent, is there any additional information or anything else that we'd like to look at? We'll just let you know that that's something that might buoy it a little bit is there's going to be a because it has an X date of next Wednesday for a dividend of 34 cents. So that might be something that people want to try to partake in. And so they might help it a little bit. But I just, yeah, I'm going to try to be patient with it so far. It's worked and I'll be looking, like you said, for that bullish reversal candle. And yeah, it sounds like we've having a busy completion of one and just, yeah, we'll see what level it gets to. Absolutely. And it's going to try to be a little patient. Yes, yes. And tomorrow morning, I've got on my list here to take a look at that Ambrella and Mar-Vell for you. Now, or they come out tonight? Is it tonight when they come out there? It's going to be this afternoon, but of course, I wouldn't be able to trade anything until tomorrow if I do the options. Got it. Okay. All right. So tomorrow I'll make sure that we take a look at Ambrella. Ambrella looks to me right now like it wants to respond positively to earnings. And the reason I say that, folks here, and I'll just switch the template or switch the screens out there so everybody can see what it is that I'm looking at out here. We'll see if that comes to fruition tonight. For price right now, there's an A to B, we'll see the pattern of the upside. There's no topping signal that's in place. And price yesterday closed above the top of its daily profile, trading above it today, signaling that it wants to make a move to $60.96. The weekly chart looks bullish as well. Price is above top of the profile for the second week. This is a suggestion and move up to $69.48 level. So Mike Hall and Ambrella right now would be a move to $60.96 to $69.48. And Mar-Vell, MRVL is the ticker symbol. Let's just go ahead and throw that up on the screen here. And we'll come back to it tomorrow and see whether this came to fruition or not. In the case of Mar-Vell out here, I don't have as it's so what Mar-Vell is doing did yesterday tested a swing point. Let's see. And this is a swing point from November 15th, did volume of 8.9 million shares at that swing. Yesterday was 7.6. Yesterday was a test and rejection of that swing point. And today so far, you've got the same. The problem with calling that a top though is the fact that price is still, it's got strong momentum. It's still above that green oscillator and change line. So I don't have as clear of a signal here on Mar-Vell as we did on Ambrella. So we'll come back to that tomorrow for you, Brent, and see if there's any trade for you. I appreciate that. Sometimes you just get lucky like I did with Zoom where the numbers were good and actually dropped, which is like that's the total gift that you can get that. But I just try to be patient. I've tried it both ways of doing it beforehand. I just have found that there's so much built-in premium in the options beforehand that it really doesn't. I mean, sometimes it'll make a big enough move and exceeds what they were even expecting. But I just, in general, I found that it's just better to wait. And then sometimes they just run on it. You can't do it. But other times it works out. Yeah. Well, look, thank you for sharing your strategy with all the listeners out there. I know it's much appreciated. It's always good to speak to you, Brent. And again, we'll take a look at Ambrella and Marvell tomorrow morning. So I have a terrific Thursday. And we'll look forward to speaking to you again soon. All right. Thank you so much, Steve. Take care. You bet. That was Brent in Martinez, California. Now, we've got a couple of questions that came in yesterday that we didn't get a chance to get to out there. Stevie was kind of fumbling and bumbling. And it wasn't really the smoothest of shows out there. Today so far, so good. Let's get to some of those questions that did come in yesterday. And the first one came in from Hector and Patty. And Hector was asking about gold specifically. He was asking about gold priced in all the other major currencies. So I went ahead and I sent him this chart here, but I said that we'd go ahead and share that for you. Now, it's really important. Nancy asked a great question. Nancy asked a question, hey, when you get a topping pattern, it doesn't matter whether it's a sell-the-de-point, a roadsman to indicator top, a TD-9, whatever it might be, how do you make a determination as to whether you want to go short? And it could do the opposite to find a bottom out there. And it's more than just looking at one thing. This is not like city slickers. And what was the name of that cowboy there? I forget his name, but it was always just the one thing. When it comes to the stock market, it is not just one thing. Just because you got a signal that says at the top or bottom, you've got to look at things further. And Hector and Patty were really onto that, trying to understand, is the move in gold real or not? How is gold trading in the other major currencies? Because real rallies inside any commodity, and gold specifically, you need to see it rallying on everybody's screen. For example, if you're in Japan right now and you're trading gold in your local currency, yen, you'd be hard pressed to go ahead and short gold in that local currency. Why? We're at a new all-time high as we speak right now. That's making new all-time highs. That's not the case. Now, what I'm looking at here is the GLD versus the Gold Futures contract. The Gold Futures contract, that's beautiful to look at, but there's a number of adjustments that have to be made. Even my stitched together future contract doesn't work as well out there. So I went to the GLD because each of you can do this at home. Now, you may not be able to, on your trading system, convert gold or anything into how it's trading in different currency pairs. But you can see, in the case of gold in euros, really close. Last month, we're looking at the monthly timeframe just so you get a bigger picture out here, really close to its all-time high, which is 17640 on the GLD out there. Now, make sure did I switch that over to a second here on the end? No, I did. So in the case of yen, that's trading out. You need 27,943 yen to buy one share of the GLD. If we take a look at gold, GLD in Great British Pounds, it's really not that far away from its all-time high, which is 153.56. So most certainly in the month of, well, we're in the month of November. Yeah, we're in the month of November. It's really that month of December out there. So here's gold priced in all those major currencies. We'll finish this off. We'll get back to this. I will come back to this brief. As a precious metal, gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. 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The Tiger's Den at Discord is accessible on mobile or tablets as well, so it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. Don't forget you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit watch Tiger TV. That's TFNN.com and hit watch Tiger TV. Welcome back folks. Just to finish off this chart here, the GLD price and all the major or many major currencies out there, we can see that for the month of November, we had gold trading higher in terms of US dollars, flat in terms of euros, basically flat in terms of yen, slightly lower in terms of pounds, higher in terms of Canadian loonies, lower with regard to the Swiss corona out there, the Swiss franc has been lower, the Chinese yuan has been higher, and flat to slightly lower in the Australian. Whereas in the month of October, it was higher in all those major currencies out there. We can see that in terms of US dollars, GLD has hit some trend line resistance out there. So Hector, thanks so much for your patty. Thanks so much for waiting an extra day to review that chart. Let's go out to our next caller. It's John and Billy. John, thanks for calling. Thanks for holding. How are you doing today on Terrific Thursday? Steve, it is a terrific Thursday. Perfect. We like terrific Thursdays, don't we? We do. We love them. Steve, I'm making an observation about the Nasdaq 100 cash index. Yes. I'm looking at things bigger picture. I always revert to the cash and eliminate any of the, quote, unquote, adjustments that needed to be made when dealing with any derivative. Sure. NDX rallied dramatically, of course, the past four and a half weeks. And after yesterday's high, I think the number was 16166. Well, we reversed, yeah, we reversed, and most would say, so what's the big deal? Which I would normally concur with. However, after making that high at 16166 yesterday, this decline is now back under that July 19th top, which was, I believe, 15932 if I'm doing that from memory correctly. So I look at that, and one thing I can tell you, we've seen lots of insiders selling, picking up, going in the past two weeks, while at the same time, retail buying has been huge and commodity trading advisory buying has been huge. So we might be viewing a situation where the strong hands are selling out to the weak hands. Yes. So I just make all those observations. I look at this and say, this is a potential failure pattern here up over July 19th now back under. And of course, we'll only know in the fullness of time if this is indeed a failure and an important turning point top occurring right here. So since we don't have that fullness of time, I ask you if you can show your work and share with us the levels that would be your first and second and third support levels and if broken what those might port 10, please. Okay, perfect. So I do have the chart of the NDX 100 up on our screen for us just so folks can follow along. And inside the NDX 100, what we can see here is this formed a TD9 count top. That TD9 count top was on the trading session of, it was bar number eight, November 22nd out there. So that's the first thing. So you've got a top. Nancy in the Tigers didn't ask a question, when you get these topping patterns, how do you decide when to go short? Well, in this case here with regard to the NDX 100, we had a topping pattern, by the way, that came in and confirmed on November 13. We didn't take that short at that stage. And one of the reasons we didn't take that short was because price was above this green oscillator and change line that told us we had a rising price oscillator above zero. If anything, price should have pulled back and tested that level. It did not. In fact, it's simply gapped up on November 14th, and it's gone on to make another TD9 count top. Well, today is the first day that we can see here that price is right now trading below that green oscillator and change line. And a close below that, John, that's about 15, 944, call it 5945 out there. A close below that tells us one thing, and that is that the NDX 100 has lost its momentum. Now maybe we didn't need the stock chart to tell us that, but certainly visually we can see the importance of that outside and change line. So that's the first thing that I would throw out there. The second thing that I would go to is even though we've got that topping signal inside the NDX 100, and another reason we did not go short the NDX on November 10th or November 13th was because we wanted to take a look at the underlying instruments out there. And specifically, we wanted to take a look at the top eight or the magnificent seven. So I'll put the magnificent seven charts up on our screen. And at that stage, back then when we got that top, we didn't have any kind of real great topping signals inside the other instruments out there. Sure, we had TD9 count patterns, but they were so far away from the oscillator and change line that again, it became risky to say that was the time to short. Well, yesterday inside of Apple, Apple being the number one instrument inside the NDX 100 about 11 or a little over 11%, it generated a roadsmit to indicator top. Now, in the case of Apple, so take a look at an underlying instrument here, the key level of support for Apple is being tested. That key level is 188.29. Now I may have a little bit of a delay out here. I think we're at about 188.56 or so. No, we're 188.39 right now. So a level to be watching, John, is going to be 188.29. So we're not even talking about the NDX or the NQ out here. We're starting to take a look at the Magniffs and Seven that make up 44% of the weighting just these seven instruments. And if we get a Apple to close below the bottom of its daily profile, if we open up this chart here, we haven't seen a close below the bottom of a daily profile since October 18th. We've got a close below that. And there was a TD9 count top that had formed prior to that. That told us we were headed lower. In fact, it told us we were headed to 170.82, which we did. We test that for a few days until we made that TD9 count bottom on October 26th. So if we get a close below the bottom of that profile, John, that adds the idea that this is a change in trend, at least for Apple, could be a change in trend then for the NDX100. Well, Microsoft, which has been strong like a bull, confirmed a TD9 count top two days ago, and yesterday was a Roadsmen Dominicator top. So the key level here to be watching inside of Microsoft is going to be 367. It would really be 365.16 to the 367 level. That's where price should target, but first it has to get through the support level of the top of its profile. That's at 374. So Microsoft isn't as, let's say, potentially bearish as Apple is. Google doesn't have a topping pattern. But price right now is back underneath that green oscillator and change line back inside its profiles. That's against 133.27, 131.67. I think it's very important for us to take a look at these instruments that make up such a weighting to get a feel for what their signal is. If we take a look at Amazon, in the case of Amazon, I don't have a top. We just have a consolidation with inside its profiles. It has support at 140.147. Now that number is really important, folks, because if you get closing below the bottom of a profile, that tends to indicate a change in trend in the instrument. We've got a request to take a look at NVIDIA today, I think, from John C. Well, we don't have a top inside of it. We don't have a topping pattern that I use, John. That doesn't mean we don't have a top. It just means we don't have the pattern that I'm looking for. And if price closed below 460, 417, in NVIDIA, that tells us about a change in trend, and that price should then go target 408.69. Tesla, the same kind of thing. I don't have any kind of a topping pattern. As we speak just yet, there's an A to B equal C and E, but we don't have the confirmed bearish reversal candle. Nonetheless, prices back below the top of its profile, that was old resistance, should have become new support. It has not become new support. And this suggests to move to 23440. Facebook has a TD9 count top. It's giving us a change in trend signal at least right now. If today closes below 32570, that tells us we're likely headed to 29686. So I'd watch these top seven instruments, pay attention obviously to Apple, and that would be a place that I would start. We come back to this break here, John. We'll take a look at the NQ. We'll take a look at what I consider to be the most important shark that has given us a change in trend signal for the NQ. Steve Rhodes with TFN, we'll explain that when we get back. 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. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the Euro dollar, pound dollar, dollar Swiss, dollar yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30 year T bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60 minute webinar archive. He just hosted forex strategies and fundamentals. What is behind the Tiger Forex report? 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The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact direction shares at 866-476-7523. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, foresight fund services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American NTSX under the symbol VGZ. Back folks, so we're talking about the NDX 100 or I am just trying to answer John's question about the NDX. And I mentioned there's one chart that I think is most important chart for us to be looking at that's giving us a change in trend signal. That happens to be the 12-hour timeframe chart for the NQ. The reason I come up with that is because the red horizontal lines are TD9 count breakout levels. We can see here when that first started we came off the October lows out there. We had a nice rally that set up a TD9 count top that set up 14306 as a TD9 count breakout level. That was tested about 10 o'clock in the morning back on October 31st and that held. We've not seen any TD9 count breakout areas hold. There was another one up here at 15.822 that was tested at 12 noon on November the 16th out there. And now what we have is we have a close below not just perigee at 59.81. That tells us from a short-term standpoint to be looking for the short trades inside the NDX 100, but price closed below that breakout level at the 15.985.25. Let me just get rid of this perigee line. Don't necessarily need to have that out there right there so you can see that break. Now, what I don't know, John, is what happens when price gets to 15.844.50. That's an XTD9 count breakout level. That is very likely where price is going to head, but what you can see here is we've got a change in trend signal. That's the first change in trend signal. It's a two-hour chart. What's the second change in trend signal? That came yesterday. Somebody asked for me to take a look at the spot politics. I don't remember who that was, but I say thank you to whoever that was because why? When we pulled up the chart out here, we saw that price had not been above that oscillator and change line since the trading session of October 27, 2023. Nearly for the entire month of November, with the exception being today, November 30, price remained below that. This is telling me we have a change in trend in the spot ballotonics. I had mentioned that Garo's parabolic SAR system had started forming dots below price, indicating that we likely had a change in trend there. Now we're getting a confirmation of that with regard to the spot ballotonics. The S&P hasn't really done very much. In fact, it's off seven points right now, so it's not really done much. We've got both a TD9 count top. We've got a Rhodes-Mint Dominicator top. What we don't know is whether price is going to find support at 45.41 or thereabouts. Why? Because that's its green oscillator and change line. We've just taken a look at that same level that price would need to break through, just like it did inside the NQ, at least at this stage of the game, to tell us that we've got a change in trend out here. Watch the 45.41 level for the yes. You weren't talking about the yes, it was just the NQ. I think I've answered my questions as much as I can with regard to the NQ, what to be looking for. In the NQ, we definitely have a change in trend signal. We don't have that inside of the DAW. We'd have to go back and take a look at the DAW. What I want to do here next is get to some of the questions that came in yesterday that we get to and a couple that have come in today. The first one is from Coin. Now, I did send a chart, I believe, to Vicki, who was asking about Coin. What I was able to share with her yesterday was there was a TD 9 count top that was in place. As any TD 9 count top, price should pull back to that oscillator and change line. We take a look at Roberto Coin. Price should head back to 115 and change. Right now, it's 115.80s or so. That number is going to change. If price pulls back and tests that Vicki, then you've got a neutral signal. There's a new daily profile that is formed. If price closes below that, price should make a run for support. Now, it would be at 103.15. Resistance is up at the top of its TD 9 count top up there, 131.42. The weekly chart on Coin looks really good. The weekly chart says after I'm done pulling back and protesting a support level, I want to make a run to 162.44. However, the monthly chart is saying, are you sure about that, Stevo? I said to the monthly chart, well, why are you asking me that? The monthly chart responded because I'm going to go ahead and confirm a TD 9 count top this month, today, this evening. You've got a potential top on the weekly. We definitely have a top on the daily out there. It says, just be careful. The weekly, not so much. On that TD 9 count, it could be the month of December that identifies that top. You've got to watch the daily. Watch what it does, but right now it's going to pull back or should pull back and test that oscillator and change on it. Again, below that, 103.15 and below that, 89.79. None of those are out of the cards out there. We just have to take things one step at a time. The next request that came in from Vicki as well was for NYCB. Now, we take a look at NYCB. NYCB has a rogment to indicator signal. We didn't get the bullish reversal candle until yesterday. And yesterday was a gap to the upside and a close above the top of its profile. So support here is at 935. Old resistance, the top of its profile, likely becoming new support. If you look at a weekly timeframe chart, no bottom signal here. On the monthly timeframe chart, no bottom signal here either, although it's a bullish structured zone between 749 and 917. That's a pretty large zone out here. Right now, what would I say about NYCB? I'd say it likely wants to head higher. Those price targets, well, the TD 9 count breakdown level where price broke down from was at 1104. The weekly oscillator and change line is up at 1024. I would say those would be the price ranges on a move higher. How confident am I on that move higher? Well, there's a swing point out here from just November the 15th that had volume of 11 million shares. And yesterday's move up above that swing point was 9.8 million shares. Did I actually close above it? It did. So it's not the most convincing. Yesterday it was nice to gap up, but it's not the most convincing thing compared to that prior swing point. And we're trading below that area right now. So maybe we just have a sideways consolidation here out there. So I hope that helps you all with regard to both coin and NYCB. And the chart patterns are easier and better understood when we take a look at coin. The next request came in from Roger in Colorado. And Roger wanted to take a look at TSM. Oh, good. I am on the right screen out there. Just wanted to make sure I at least was doing that. So let's take a look at Taiwan Semiconductor. TSM out here. What do we have within? So what I don't have is a topping pattern per se. The only topping pattern that I have, and I'm going to have to switch charts to show you this to you just so you can see it and see what I'm looking at, is a descending trend line. And oftentimes getting up to a descending trend line or getting down to a rising trend line can be support. So now we take a look at Taiwan Semiconductor. Again, no sell the D point pattern, no TD9 count, no Roadsmen Dominicator top. All we have is a descending trend line. And that is held. And we have a rising trend line in price right now is starting to trade below that. So I would say a price closes below $97.97 out there. What we're likely to see is a run back to $95.24. And the price were to close below $95.24. We'd see move all the way back down to that next rising trend line, which would get us down towards $85.38. $85.38. When we switch panels out here, you'd see was a TD9 count breakout level. So that's how we take this one step at a time. By looking at the weekly timeframe chart, no topping pattern supports at $95.50. And you just have a consolidation inside the monthly profile. Roger had a secondary question was to take a look at PANW. So we take a look at Palo Aloe Networks out here, PANW. What do we see? We see this thing looks strong like bull. That ain't no bull out there. It's only in bar number seven of a TD9 count. It's got an A to B equal CD pattern in the upside. Let me go and get a price projection. I'll do that off screen here. I'll use one of my other tools to do that. And the A to B, I'm not being exact here, but I'm pretty darn close. Looks like the one to one gets us around $298.88 out there. Now, actually what I need to do is change screens. So give me a moment here. Let's just change the screens because I'm talking about the A to B equal CD pattern. And what I'm about to say, you need to kind of visually see. So here's the A to B equal CD. Now there's several A to B equal CD patterns. I'm using the one that's the most conservative, the most recent one. By the way, the swing point at volume of around 3 million shares, it was passed with 6 million shares. Look at how priced along the C to D leg out there. What are the odds that you think this only does a one to one A to B equal CD to the upside? I'd say the odds are very small. And instead, more likely, $316.49 is the price target area for Palo Aro Networks. Steve Rhodes with TFNN, we'll be right back. 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 and your inbox every day. First-time subscribers also get a 30-day money back guarantee. 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That's at 1.09295. A close below that tells us the euro rally has lost its momentum and is likely to move lower. If we take a look at the US dollar Japanese yen, it still continues to find support in this swing point area, the swing points that were established by the lows from the early October 3rd level out here, the level down here on November 21st. This might be targeting the oscillator and change line. If it does that, it's getting weaker. The US dollar index would get stronger. If we take a look at the Great British Pound, the Great British Pound has an A to B equal CD pattern. We're looking at perhaps a three river evening star. That's identifying atop. That suggests that the pound must at least make a movement or retracement down to 1.2573. That suggests that the US dollar index is going to continue to rally. Now, we're looking at the daily charts. We're not looking at the intraday charts out there, but that's the signals coming from those three currency pairs. Now, if we continue to rally out here, that should put some pressure certainly on the metals, not necessarily putting pressure on the stocks out there. We didn't get a chance to cover that chart. We'll try to do that tomorrow and assure that with you. The next request was to take a look at NVIDIA out there. We sort of covered that, but let me just go back to it real quickly here. With regard to NVIDIA, it's likely targeting 464.17 out there. There may be an A to B equal CD to the downside. The volume here was 90 million shares on that swing point today. So far, we're 20 million shares. That looks to me like light volume. No top here, just a consolidation in NVIDIA. I'd be watching 464.17. That should hold that support. Next request was to take a look at Walmart. It's the last one we'll be able to get to here. With regard to Walmart, what do we have? We have a Wave 7 top, a huge gap to the downside, and I don't have a real clear picture here on Walmart. So we'll come back to Walmart tomorrow. EN phase for SAP, Tesla for Nicholas, Las Vegas Sands for Nicholas, and XPEV for someone who writes in, but I don't have any clue what that individual's name is. Have a terrific Thursday, folks. I'll see you on fantastic Friday. Be safe out there.