 Educating Investors. 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 June 29th, the wonderful Wednesday 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. Hey, let's make sure we have an extraordinary one. And 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 circumstance, that life is going to toss at us. Now, today, you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I 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. We'd love to hear from you at 877-927-6648. If you can't call in, we've got you covered there, too. You can always let those fingers do the walking. Send me an email. Send it to Steve at tfn.com and inside the subject. And please put radio show question. And of course, in our Tiger's Den, well, any, in every ping we'll do. So let's go ahead and get this show started on a wonderful Wednesday. Of course, this is Tiger financial news network. I'm Steve Rhodes. Welcome to the show right now. We got a bit of a mixed bag out here. It's the Dow that's straight into the upside. The Dow in the spot. Ballotinics. That was up 43 spot. Ballotinics up 60 cents, which is trading about 50 day exponents moving average. The S&P's up 10, 310th percent. Nasdaq 100 about two tenths or 18 points. Russell one and six tenths or 28 points. Some eyes down two and six tenths or 70 points. Trendy's off about 1% 125 points. Gold straight out at 18 18. Still above support, which is 1813. Silver's trade out at 2075. Let's recruit his back 41 pennies. Trended 1137 natural gas off 8 cents. 649 is the print there. 30 Treasury's up 1 point and 1332nd. She's trained at 136 18. Dollar wise, the leaders in the clubhouse are IDEX laboratories up 11 bucks. That's 3%. Regenerative pharmaceuticals up 9 bucks and change are 2%. Elevance health is up 9 bucks, 2%. We'll ride the automotive. About 870 or one and three tenths percent. Our Genix SE is up 9 bucks and 2.5%. To the downside, it's booking holdings. 42 bucks. Equinix off 27, that's 4%. Tesla 24 bucks, that's nearly 3.5%. Solar Edge is down 17 or 6%. Google off 16, 7 tenths of 8% out there. So, what are the markets doing? Great question. Let's tell them. Let me tell you what they're... Let's just kind of review signals as we see it at this moment. So, the first signal, I'm going to start with the bigger picture first. So, to do that... Well, let's do this. I'll do the bigger picture in a couple of different ways. First, we'll take a look at the weekly timeframe charts. These are the weekly timeframe charts for the equity future contracts. Three of the four confirmed last week confirmed Rogementum indicator bottom signals. How do they do that? They did that when they generated a bullish reversal candle, bull sash candles out there. After generating that Rogementum indicator signal trigger. So, we've got a solid bottom it's in place. That bottom is not getting negated until price closes below the lows. It's not the low of that bull sash candle. It's the week before. So, in the case of the ESMini, it's a close below $36.39 that then says that that pattern has failed. So, that's on the weekly timeframe chart. If we take a look at the daily timeframe chart, I don't want to do that. Oh, I know how I'll do that. Let's get this back up on our screen out here. What's occurred in the daily timeframes so that I can pull it up. Equity future is probably right here. There we go. Now, I don't show the patterns. I mean, I can draw them in right now. I'll just draw it in real quickly here for the ESMini. What these did, the daily timeframe, that is what I'm referring to, they confirmed by the D point patterns. So, here's the A to B equals CD pattern for the ESMini that we're putting in. It made a little bit over 1 to 1.272. A to B equals CD. It forms that bottom and it completes that, or confirms that bottom on June the 21st. Why does it confirm that bottom? Let me get rid of the A to B equals CD because it was a three river morning star pattern, bullish pattern out there. Now, price has back inside its daily profile. And that's problematic. So, that's the first thing that's a problem. But if we go take a look at the other daily equity future contracts, I want to show you these here momentarily. It's saying, I'm not sure if it's a problem or not just yet. And what I mean by that is price is above the oscillator and change line for three of the four. That's the ES, the NQ and the ADAO. And that may be just simply a level of support out here. And so, we're going to pay attention to the Russell 2000. That's one of the weak links today, semis are the second weak link. But the Russell's a weak link and you can see that price has pulled back and it's tested that level, that level being the oscillator and change line. Now, it doesn't matter where we're trading at 111. It just matters where this closes at 5 p.m. this evening. But if in fact that level holds, it suggests a possibility that what we're seeing is the B to C leg of an A to B equal city at the upside. Now, can make that not guaranteeing that. But what I am sharing with you, you've got nice confirmed weekly bottoms out here and you've got nice confirmed daily bottoms out here. And even though price is pulling back, there are no key levels of support on the daily or the weekly timeframe that have failed. And why is this important out here? Why is those weekly? Why does Stevie start with the weekly Roadsman Dominicator signals out there? And that's a great question. And we're going to answer that for you. I'm just looking for the actual tab. There we go. So let's take this is a weekly timeframe chart. Now, this is my historical file. Goes back to 1896 out here. And this is on the weekly timeframe. Now, I don't have the, I just have this as of February the 11th. So I haven't updated this. This is something that I have to manually do. But I do have on this chart that you can take a look at. Here are the last two. So this is the third Roadsman Dominicator bottom on the daily time on the weekly timeframe for the Dow. I guess I didn't show you the, oh, I don't even have that post. Oh, so I'll show you right now. So I'm actually on the wrong screen. So this works out perfect for me. Here's the weekly timeframe for the cash indices. So I want to make sure that I'm just staying consistent with you so that you can follow along. Here's the Dow, the S&P and the NASDAQ, the upper row out here, the first three. And you can see each of those. So it wasn't just the equity future contracts. That formed the Roadsman Dominicator bottom. It is these cash indices that did the same. So now we can go back and we can take a look at the Dow historical. Let me take that since I'll stay on that same page. So give me a moment here. Let me pull this back this way. I'm going to make sure that... Where are we? Okay, good. So now here is the... This is the third Roadsman Dominicator bottom on a weekly base that has formed since the 2009 lows. By the way, on a weekly basis, that's what formed the bottom. That's one of the patterns. There were a couple of patterns that formed on there. But this is one of the patterns out here. And you can see that so far, so far since 2009, they've made some really solid bottoms out here. Now let's pull this back further. That does not mean that they don't fail. But failure of any kind of Roadsman Dominicator bottom or by the D point pattern means you have to close below support. And support would be the support of that bullish bull sash candle or the low of that pattern. Here in the 2007-2009 move, there was a Roadsman Dominicator bottom that formed. That was confirmed on the week of December the 5th out there. But that pattern eventually failed. We may have that going on this time, but let's say when we come back from this break, we'll go back historically and we can understand it. Maybe that's not the case. We'll be right back. Time of booming inflation. We are purchasing powers eroded. There's no better place to protect your hard-earned money than in gold. This, the gold's flagship asset, is the Monk Todd Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in a tail-one mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. This, the gold just completed the Monk Todd Feasibility Study, which resulted in a 7 million-ounce gold reserve in a 16-year mine life. All of this combined with the approvals of all major operational as well as environmental permits. 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Get Tom O'Brien's newsletter, Market Insights, today and try all of our products and newsletters 30 Days Risk-Free with our Money Back Guarantee at TFNN.com. TFNN Educating Investors. Toll Free at 1-877-927-6648 Internationally at 727-873-7618 Welcome back, folks. We're taking at the Dow at this moment here. We're taking a look at my historical chart. I'm not going to take us all the way back to 1896. I'll take us back pretty far though. Here, and we're looking at the Rogement Dominicator bottom patterns. The reason we're looking at that is because that's what's formed last week for the Dow, the S&P, and the Nasdaq 100. Now, when you see these black diagonal signals out there, that doesn't mean that you have a confirmed pattern. The way that a pattern or the way that Stevie confirms patterns out here is I wait for the Calvary. What that means that I wait for, in the case of a bottom, I wait for a bullish reversal candle. For a top, a bearish reversal candle. So here's the one that formed. The 2000 and two time frame. So that was off of the 2000 top out there. Again, that bottom formed with a bullish candle. Rogement Dominicator bottom. Let's continue to pull this back further on in the weekly time frame out here. You'll see that we don't get these patterns out often. The next one, the next one formed in August of 1982. August of 1982. Now, we had a nice Rogement Dominicator bottoms formed. What's the one that was before that? The one that was before that takes us back into March of 1978. The one before that takes us back into December of 1974. Here is a pattern that did end up failing. And this is the one from May, January of 1970. Now, I say it failed. I mean, we got a little bit more of a rally, more than just a one week rally out there. Like a couple of months rally before price gave it up. If we take a look at the Rogement Dominicator signal that confirmed back in 1966 in October, that led to a healthy rally. This pattern out here never could, well, I take this back. There's a pattern, the Rogement Dominicator pattern that confirmed back in 1966. This was in July of 1966. And what price did was it got up, which it should always do when you form a bottom, get up to that red, or get up to the outside and change. It doesn't have to be red, it could be green out here. And that's what is a little bit concerning about the equity future contract that we looked at, because that has the same pattern. The cash indices does not just yet. But just simply what I'm sharing with you is this pattern, Rogement Dominicator signal, 1958. Here's a nice solid bottom. Again, you're waiting for that bullish reversal candle to confirm out here. Here's another one that formed, almost similar to maybe what the markets might be looking like this time around. This is 1946. When I say this time around, because we are in the seasonal, we are in the seasonal midterm election cycle. Now, 1946 was actually a midterm seasonal cycle pattern. So this is something to kind of keep in mind that we might be really in this kind of a range here, at least through the election time period. So that takes us out. I don't think we have to belabor the point anymore. You can see that the patterns that are on a weekly base that form that Rogement Dominicator signal are most certainly worth paying attention to. Now, I mentioned the seasonal cycle. So here is the seasonal cycle. This is for the midterms. The reason why I was able to tell you off the top of my head in 1946 was a midterm election. It was because I was able to go back to this and check that out. So only the years that are checked off, it's right here, it's 1946. And here is the... I can just do this here. Make it a little bit easier. So the red vertical line is where we're at. So what I want you to notice is that a bottom typically forms in June, whether it's during the midterm cycle or not, and that's why those daily, last week's, daily confirmed Rogement Dominicator signals, followed up by the weekly, is really suggestive to you and I that we should see price move higher into the middle of July. And then that kind of that choppy period sideways looks very much like the 1946 pattern that we had looked at there. So those are the reasons to not, not just to get overly bearish out here, but that concern, the one concern that I do have, and again, it's oops. Oh, I got to just switch charts here. Search palettes. That's not it. Sorry about that. It was a different tab. Give me a moment to pull this up. And here are the weekly timeframe charts. So the weekly timeframe charts for the, for the NQ, that's your upper right, and the ES and the Russell 2000, lower right, each of those have tested and rejected those red-octane and change lines. That is not the case for the ES mini. That is not the case for the Dow equity future contract. And it's not the case for the S&P or the Dow cash indices out there. So what are the troubles that we have? What are the, what are the, what are the reasons why this pattern could fail? Well, one of those reasons, or a couple of those reasons, could be the following. The first reason would be that spotball utility, which yesterday did close above the top of it, or did close above its 50-day exponential of narratives. That is the blue line. Let me make sure I'm on the right screen here. That's the blue line on the top panel of the screen that we're looking at. And you can see that today, prices trading above it as well. It being 2805, prices trading right now at 2903. As long as that condition remains out there, that can be a real problem for the, for the S&P 500. And here is the S&P 500 chart. Again, the green boxes are representing periods where the spot politics is below the 50-day exponential moving average. Doesn't matter whether what the number on the print is and the yellow boxes or rectangles, those are when the spot politics is trading above its 50-day expense moving average. Another issue that's popped up today, it's just popped up at this moment and we really need to see what it looks like at the end of the day. So when we do have a spot volatility that is above its 50-day expense moving average, what I have found in my studies is if the advanced decline oscillator for the New York Stock Exchange is not below the zero threshold level, the moves lower are somewhat tepid. Well, as we speak right now, at 1.24 in the afternoon, that is not the current pattern. We now have the advanced decline oscillator at a minus 24 reading. That is below the zero threshold level. You really need two consecutive sessions below that to confirm that. But this is problematic and that's why it looks to me like what the markets want to do is pull back on a daily basis and test those red oscillator and change lines. So let's go back and take a look at those and we're going to look at those here for the equity future contract. So now, if you ask me where is it that the ESMini is likely to head to? Not that I can't take it out, but that target is about 37.79. I say about because that number is going to move up and down by a couple points or two as price suggests. In the case of the NQ, that level is 11.521 or thereabouts. Inside of the Dow, it's at 36.66. Now, the Russell 2000 right now is trading just below the oscillator and change line. The oscillator and change line is at 17.10, price is trading at 17.06. A red oscillator and change line tells us that we have a price oscillator that is below zero. When price is below a red oscillator and change line, it tells us we have a falling price oscillator below zero. Those are bearish conditions. We don't have those conditions as we speak just yet, but if price did close below those, then what we would see is the ESMini would target its profile levels of support, and that's between 36.89 and 37.40. In the case of the NQ, it's at 11.396. In the case of the Dow, it's 29.982 to 33.25. And for the Russell 2000, it would be 16.67. That would be the number. So, let's go take a quick peek here and take a look at the... Okay, let's go take a look at the ESMini before we go to a breakout here. That's up on our screen right now. So, what we're looking for here, from an intraday standpoint, we see any kind of bottom signals out there. The answer is... The answer is, do. So, the ESMini has confirmed the roadspin indicator. Bottom pattern. They did that at... We came out here at 1 o'clock. We have that, well, bold, sprucing camera out here. Now, the price of that one is 38.37. Steve Rhodes with CFNN. 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Don't miss out on this incredible new piece of software. Get your copy of the Art of Timing the Trade Charts today by visiting tfnn.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. Welcome back, folks. Let's go back to the ESMini charts here. Give me a moment. We'll pull those up on the screen. So as we were going to break, we're taking a look at the 30-minute timeframe chart. Top of the roads meant to be indicator top. This was back at about 4.30 in the morning. Early it was 5 o'clock. When it topped, that's when it confirmed that Three River Evening Star candle formation. Here we had a roads meant to be indicator signal that was triggered at 10 o'clock this morning. And that low has not been taken out, and we got that little bullish piercing candle that formed at 1 o'clock this afternoon. So that is a confirmed roads meant to be indicator bottom. Now, if there's going to be any kind of rally that has any kind of meaning, what we need to see is price close above the top of its profile. And it's 1.30. And guess what? Right at 1.30, we just got a brand new profile. So the number is going to be fresh. It's going to stick around for a while or should stick around for a while, likely for several hours the rest of the day, I would say. And so the levels of support to be watching here, let's say you were long or short, these are the levels that you want to be watching. To the downside, give you that moment, that is at 3805. That's your support level. Resistance, 3,832. The center of the box at 3,438.16. So again, those numbers, you got 3,805, 3,816 and 3,832. Your price closes above 3,832 at the top of a profile. That's something that has not occurred since about June 28th. Today's at 29th. And that happened at about 10 o'clock in the morning out there. So that's what the NQ would need to do to say, okay, maybe there's something to this roads meant to be indicator bottom pattern. Otherwise, inside the ESMini, it's really suggesting a price once you get down to that 3,780-ish type area, the daily oscillator and change line. So that's the overview of the markets. I'll take a look at the longer term, the daily timeframe, the different patterns that are out there. I hope that helped you to understand what the markets are communicating to us. And again, just to summarize it, right now the signals are that price should pull back. Test those red oscillator change lines on the daily timeframe out there. And then give us the next signal. Let's go to some questions that have come in. The first question coming in from HD. HD wants to take a look at the BP. Both BP and XEL says I have both and looking to hold for just a bit longer. So we take a look at the BP out here. Again, I think we discussed this yesterday. It's trading with inside a consolidation. We take a look at the weekly timeframe chart. Maybe it wasn't yesterday. Maybe it was some other time. But the prices hit the bottom of the consolidation. That would suggest, and that held, you didn't bust it out, that price is going to go target the 3087 level. If we take a look at the daily timeframe chart, you've got a TD9 account bottom. But here is the bummer, and that bummer is that price got up to that red oscillator and change line. Tested it yesterday, tested it again this morning or today. Price is trading below that level. That suggests that BP should go test the 2832 level. If it closes below that, it'll go test that swing point from June the 23rd out there. But right now I would say in the case of BP, it wants to pull back, and that pullback should find support at 2832. The next instrument you want to take a look at was XEL. This will take about 10 seconds to populate. So while that is going on, I'm going to put XEL on my other charts out here just to see if I can get a quick head start on this. So when we take a look at XL Energy, price is trading above the top of the daily, inside the weekly, and inside the monthly profile out there. So the daily timeframe, I'm just going to go to the very right-hand chart out here, shows a nice TD9 count bottom. Price is well above the top of its weekly daily profile. Price above its red oscillator and change line. You're in bar number five. This suggests to UNI HD that price should continue to move higher. Now it's eventual target. I'm not saying it'll get up there, but it's target right now on a daily basis, 7584. That's the TD9 count breakdown level. At least that's one of the targets. If I look at the monthly timeframe chart, monthly timeframe is going to generate. It appears a rogement to indicator top, but it hasn't broken any levels of support. The weekly formed what? It's formed a sell the D point pattern, and price pulled back to its second breakout level, which was 6350. The price is above the bottom. It's regained the bottom of its weekly profile. That's this week that it's done that. It's only Wednesday, but I'm assuming that price will, under the assumption that price stays above 6879, then this says the price target is 7189. That in summary is where XLE is headed to, because the daily is bullish out there. It's got that nice bottom. There's no resistance until you get to 7584, but we switch over to the weekly, and we see the potential resistance at 7189. HD, I hope that helps you all with regard to those two instruments. Thanks so much for taking the time to write in. Ray, this is Ray. I believe in Sarasota. The reason I know that is because he wants to take a look at Nordic American tankers. My recollection from phone calls that we've had, this is a core holding inside his portfolio, whether it is or it isn't, it doesn't really matter. Can you identify support or resistance for me for the following two stocks? Nordic American tankers, it's populating right now. The monthly timeframe shows that price is tested so far this month. Its level of support, which would be 191. If price were to close below that rate, then your next level of support is 159. You ask for resistance as well. Resistance is 276 for the monthly timeframe. On the weekly chart out here, well, turns out that we don't really have profile support because price is below the bottom of that level, and that's at 222. Last week and this week, price tried to get inside there. The week's done over, obviously, this week, but a price closed below 222. This would suggest that we may see a move lower as well. So that's coming from the weekly chart. Yeah, no support. Other than, the support would be the lows. The lows from back in March out here, the February, that is. The February lows would be the support level. The daily timeframe shows support at 206. That's the red oscillator and change line. If price were to close below that rate, 197 would be the number. To the upside, it's 223. And if price can close above 223 for two consecutive sessions, then the upside potential is $2.89. That's the TD-9 count breakdown level out there. So that's for Nordic American tankers. Ray also wants to take a look at ticker symbol, V-E-R-U. I'm sure I typed that out. Did not type that in correctly. V-E-R-U. If I type it incorrectly, we can usually keep these to about 10 seconds or so. And if I don't, well, then it's a 20 to 30 second kind of a deal. So now let's wait for V-E. What is V-E-R-U? V-E-R-U is V-Ru-Ink. Well, there you go. So with regard to support, the monthly profile has support at 566, resistance at 1750. There's another level of support on a monthly basis. That's its oscillator and change line rate, and that is 952. The weekly timeframe has support at 1064, bottom of the profile, resistance at 1641. Odds' favor, that price is going to go test the 1064 level, because price is below its oscillator and change line for a weekly timeframe. The daily chart is taking on a swing point. Ray, that swing point is from June 1, and that volume was 6.2 million. So far today, you're at 3 million shares out there. So you've got really a consolidation pattern to a certain extent that is going on. That consolidation pattern is going to look like this. Let's go draw that in. The reason we want to do that is because this could help Ray understand where price might head to if price breaks through the consolidation. So it's a small consolidation. The tops are very easily definable. It goes like this. And the bottom is probably like about right here. So, I mean, we're actually... I'm just looking. It almost looks more like... Wait a moment here. That would really be the better spot. That's really the consolidation pattern. So as we speak right now on a daily basis out here, Ray, price is breaking through that level. That level, by the way, so what I'm using here as the low, you know, you could use either 1146 or you could use 1166. And I've got 1166. The nice thing about the consolidation pattern out here, Ray, is that once you break through it, you usually make a measured move equal to or greater than consolidation. That would suggest that price wants to go retarget the main swell flow. Deep roads with TFNN. We'll be right back. Tiger Realty has the experience across all areas of real estate in the Tampa Bay area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating, Tiger Real estate can help you make the best decision when it comes to all areas of the market. 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The funds are designed to be utilized only by sophisticated investors such as traders and active investors. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Welcome back. Now, Ray, we're still back on VeeRoo. V-E-R-U is a ticker symbol out there. And that is this, that the other possibility and perhaps a more likely possibility is that Nordic American tankers is pulling back into a big breakout. That breakout was a gap to the upside that was on May 13. The volume on that gap to the upside raise, you probably know, 109 million shares. Today, you're pulling back into that area so far with 3 million shares. So much lighter volume. Now, price will either target 1041 or 923, either the bottom of the gap, that's the 1041, or the top of the gap, that's at 923 out there. So it may not fulfill that consolidation pattern that Stevie drew in there for you. So I'd be looking for, but price is pulling, you know, it's below support. That's the bottom of the profiles out there. That's always a dangerous thing. But price is likely going to pull back to either 1041 or 923 to back to it, in essence, to its breakout. And that doesn't mean that it can't pull back to the low of May 12th out there. And that May 12th low is at 679. That would get you close to fulfilling that consolidation breakout. So Ray, thanks so much for taking the time to write in. I hope that helps you out. And we'll look forward to speaking to you again. Let's go to our next question. This one coming in from Mike over in Europe. And Mike is asking about Apple and Microsoft. Let's change screens here. Give me a moment. Let's get over to the white background screen. And let's read Mike's question. Mike's question goes like this. Based on the chart, you showed on Monday, the 27th, Apple pulled back to just above the daily top of the Taz profile out there. So if we take a look at the daily timeframe, you're on the very right-hand chart out here. And you can see the top of the profile is 136.97. Today's low so far has been 136.67. So yes, absolutely. Price has tested a key level of support. The reason why the top of the profile here is a key level of support is because oftentimes old resistors which is what it was can become support. Especially in prices above it for more than two candle sessions, which is what we have here. So it's possible that that support and that could be setting up an A to B equal CD to the upside. You put Microsoft also pulled back above its daily oscillator and change line. So we can take a look at that next. I think Apple and Microsoft are canaries in the coal mine. Please look at Apple. And we are. So in the case of Apple, you have a buy the D point pattern that by the D point pattern confirmed out here with this gap to the upside on June 21st. Then if we take a look at Apple, it also confirmed on a weekly basis a TD9 count bottom. What that should do in the case of Apple, Mike, is when you form a bottom on any time frame, price should make its way to the oscillator and change line. The weekly oscillator and change line is at 148 and change out there. That is likely where price is headed to. I'm not saying that there's an A to B equal CD to the upside inside of Apple. I can't say that until price would take out the B point or the B point of the A to B equal CD pattern. That in essence is bar that's labeled as bar number three out there. And that volume on that candle session should price get up there. Well, I don't know what it is. I'll let you know in a minute. Wait a moment here. The volume on that candle session, which candle, that swing point from June the 27th is 70 million shares. So today so far we've done 40 million shares and it's not too far away from actually testing that swing point. So the low of that swing is 140.97. The high today is 140.67. 30 cents out there. So yeah, we've rejected support or we've held support out there. But if price does trade up and it does tag that swing point with less than 70 million shares, then we really are just like in a small consolidating pattern between support and resistance out there. And that's between 136.97 and perhaps the 140.97 area. But for all intents and purposes, what Apple should do is move higher, especially if 136.97 does hold out there. So let's put up the charts for Microsoft. So Mike, I hope that helps you out and thanks again for listening in. It's now what, about 746 in the evening, I believe. Maybe it's 646 in the evening. I might have my day late savings time. I was screwed up here. But as we take a look at the charts here from Microsoft, yesterday price closed below the top of that profile out there. So kind of cracked the armor. But today so far price is back above that level. That level, the top, oh, there's a brand new profile. Oh, I take that back. Hold on a minute here. Brand new profile forming today, Mike. And so we're going to have some new levels. So the new level of support is at 245.55. The new level of resistance at 268.30. And the center of that profile is at, oh, the center, we don't see a profile center, do we? You know why? Because the center is down at support or the bottom of the profile at 245.55. So that should be a real strong support level. Price is pushing up. So the swing point that it's also going to deal with is the one that's labeled bar number six. So bar number six has volume of, and I'm looking off a different screen out here, volume of 24 million shares. You're pushing higher today, so to speak, with 11 million shares. But you want to watch that low of 263.28. If that gets tagged today and it rejects it means closed back below with lighter volume, you know, then we've got some problems. They're getting kind of like Apple, somewhat of a small trading range out there. However, it's support levels all the way down to 245. You do have a potential support of that red oscillator and change line to 254 area. Microsoft on a weekly basis though, real clear, it's got a nice TD9 count bottom. Here is the potential trouble for Microsoft. And that's this, Mike, is that you have the TD9 count bottom. Last week, price gets up close to the red oscillator and change line. This week, price gets up there and rejects that level. So on a weekly basis, even though we've got a bottom, that was a TD9 count bottom. That was a seventh wave bottom. We have a price oscillator that is falling below zero. Those are bearish conditions. So what I'll say right now is conditions are neutral. And they'll remain neutral unless price closes below the low of its TD9 count pattern. That low is from June 17th and that was at 241.51. The real key level resistance of Microsoft must take out. In order to get on its merry ways, is that 267.40 level. But that will likely change as price moves up and down. So Mike, thank you so much for taking the time to write in. That's Mike Formley of Sarasota. And we'll look forward to chatting with you again. So I've got no other questions that I know of. Let me just take, oh, I take that back. Where's one here from Dennis G? And Dennis G says, what's our outlook for Apple? Dennis G and West Palm Beach. And I think I really already covered that. So I'm hoping you caught that because we did that just before we took a look at Microsoft. So thanks for the question there. And at this stage here, again, just to summarize, Apple held support at the top of its daily profile. I'm not showing Apple on any screen out there. And now price is going to head higher and it's going to go test or it's going to go target a swing point. I think Apple might be targeting the swing point from the June 20. Well, let me tell you exactly the APL. I think it was June 21st. But it was June 24th. So that's the swing point that it's going to go target if it can generate more than 70 million shares and close above 140, 349. Then you'd have an A to B equal CD to the upside. We do not have that. That is not the pattern that Stevie is calling out here. But because we have the support level holding the top of its daily profile, that's what says this is a real possibility. Now, if it did form an A to B equal CD to the upside, Dennis, the price target, the one-to-one, would be in the 151 level. And 151 would take you back to a prior swing point, which is from June the 1st. Steve Rhodes with TFNN will be back in just a few minutes. Vista Gold owns and operates the largest undeveloped gold project in Australia, the Mount Todd Gold Project. Vista Gold just completed their feasibility study, resulting in a 7 million-ounce gold reserve. Vista Gold has all major permits approved and has retained CIBC Capital Market Assistance in evaluating alternatives and in completing an accretive transaction. Vista Gold trades on the NYSE American and TSX under the ticker symbol VGC. Vista Gold executing a strategy to create shareholder value. TFNN has just launched their July 4 Tiger Dollar sale. For one week only, we've doubled all the bonuses, where you can now get up to 20, 30, or even a 40% bonus on your Tiger Dollar purchase. Tiger Dollars are good on all TFNN newsletters, webinars, and trading services, and they never expire. For all the details and to get your Tiger Dollars before the sale ends Tuesday, July 5, visit the front page of TFNN.com today. 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. 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They're still in place out there for the daily and the weekly timeframe. For the S&P, the Nasdaq 100, the Dow, the Russell 2000. So that's the first thing. That does not mean that price can't pull back and move lower out there. It just means that we've got confirmed bottoms. Those bottoms have not failed as we speak just yet. That's the first thing. The second is if we take a look at the 30-minute timeframe charts, if you take a look at the ESMini and the Dow that's upper left and lower left, I'll just take a look at the ESMini. We'll expand this out. This has a confirmed rogment to indicator bottom pattern. The level to be watching here, if there's going to be any kind of significant move to the upside, is a close above $38.32 and a quarter. That's the top of its new profile. That's the one that formed as we came on the air at the one o'clock. If price able to close above that, that could be a signal of a move, further move higher out there. In the case of the Dow, the level to be watching here would be the 31-142 area out there. As far as where resistance is at for the Russell on a 30-minute basis and for the NQ, it's $117.30 for the NQ and it's $17.29 for the Russell. Now, we're going to switch charts out here. We're going to go to the black background screen. So we're going to take a look at two different charts out here. Another number to be paying attention to is the spot volatility mix. If the spot volatility mix closes back below its 50-day exponents will be average. That's $2802. It's trading at $2849. That'll put the wind at the back of the buyers out there. If it doesn't, then the wind is at the back of the sellers. The reason to believe that that is a potential possibility out here, potential possibility, I love it, is because we still have positive market breadth for the daily timeframe for the S&P 500. What that means is there are more instruments, 161, trading above the top of their daily profile versus 109, trading below the bottom of the daily profile for the S&P 500. So hope that helps you out. Thanks much for listening in. Have a wonderful Wednesday, folks. And stay tuned. Two more great hours are up next. You've got your favorite polar bear, David White. After that, Tom O'Brien will take us on board. And I'll be back with you tomorrow on Terrific Thursday. Please have a wonderful Wednesday. Take care, folks.