 The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes. Call now toll free at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good morning, folks. Welcome to the January 11th, the fantastic Friday edition of today's Trader's Edge show. I'm your host, Steve Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. And 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, means we can find the gift in every set of circumstance that life is gonna toss at us. Now today, you and I, we're gonna 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 more important than that. And that's this during the next 53 minutes. I'm here to serve you. So feel free to pick up that phone. You can dial on it at 877-927-6648. Now, if you've got a question, but you can't dial in, we've got you covered. You can always send me an email. Now send that off early and send that to Steve at TF9.com. Inside that subject heading, please put radio show question. Of course, if you're inside our tiger's dead, well then any in every ping will do. So let's go ahead and get this show started on fantastic Friday. Of course, this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to the show. We got a mixed bag out there right now. You got the Dow off 177, the S&P's off two. The Nasdaq 100 is up three. The Russians off about two. Summers are off 26. Trendy's down 129. You've got gold trained up 38 bucks. That's nearly 2%, 3.5% for silver. That's 81 cents. Lights recruit up nearly 2% or a buck 31. Natural gas up 15 pennies. Nearly a 5% moved there into 30 treasury. Basically flat printed out at 122.25. Our leaders in the clubhouse to the upside. Regenerative pharmaceuticals, 17 buck runes. O'Reilly Automotive 13. Northrop Grumman 9. Globant SA up eight and E-Pamp Systems up eight as well. To the downside, micro strategy. 32 bucks. United Health is off 21. IDEX Labs down 15 and change. Humana 15 and change. Elevance Health 10 and change to the downside. So we got movers and we've got some shakers. Let's begin our day by taking a look at the, let's go take a look at the Daily Equity Future contracts. Let's go take a look at them on my other system out here. White background system. System that is powered by the Ninja Trader Charts. And here what we'll see. You got the ESMini upper left hand side. Yesterday was a key reversal bar. Key reversal bar requires you to be in a, really three things. You got to be in an extended condition while we were. And that was telling us because we had that roads momentum indicator signal back on December 28. The extended condition, you've got to exceed the high and low of the prior bar that accomplished yesterday. And then third, you've got to close one tick, one pip, one penny in the opposite direction of the trend. Well, it did all those things that is a key reversal bar that confirms a road momentum indicator top. Now prices below the center of that profile, 4827. That suggests we should see a move lower. However, we're fortunate enough, you and I, we're fortunate enough to have a set of profiles that is different on our black background charts. So the level that price needs to close below. In order to suggest that we get that 4716 level is going to be 4799. So at day's end, watch the ESMini, if it's closing below that, that tells you to come next week, we should see a move back down towards the 4715 level. If we take a look at the NQ, the Russell 2000, there is no topping pattern out here inside the daily NQ chart. Price is trading above the top of its daily profile. When you trade above the top of a daily profile, the top is resistance, the top is where sellers are, it is a bullish signal out here. You've got a green answer and change line that adds to the bullishness. Now, the NQ has lost its momentum, but it tells us tell us we have a price also that is above zero. Those are bullish conditions. Now, if in fact the NQ were to close above this green answer and change line, it would make a B line for its most recent high out there. So the level to be watching here today is 17.017 to the upside. To the downside, if price were to get back inside its profile, that would require a close below 16.832, another number that you should have on your pad of paper, that would then signal that we had lower. And lower would be basically to the buy zone. Its buy zone is between 16.417 and 16.583. The Dow equity future contract, form a roadsman to indicator top back on January 3rd. Doesn't matter if we get a three river evening star candle formation today to confirm another one, we've got a roadsman to indicator top. What the Dow has not been able to do is take out profile support. And profile support for it is at 37.607. It was just at 38.041. The Dow is the only instrument that has not generated a profile change in trend signal to the downside. Now, in the case of the NQ, it has generated both a change in trend profile to the downside and also now one up to the upside. In the case of the Russell, so what does that mean? That means that in the case of the NQ, we need a pretty good topping pattern to suggest that a top is in out here. If we take a look at the Russell 2000, that does have a roadsman to indicator top that was confirmed with that four bar evening star candle formation. Right now we just have a good old fashioned consolidation with inside its profile. The support zone there is down at the 1954 level and resistance 2002. If either side gets broken, that is likely where price would go ahead and run to. So that's the overview of the daily equity future contract. Just to add a little color to it, let's go see what's going on on an intraday basis. Let's take a look at the EES mini. If we look at the EES mini, you can see you've got on a 10 minute timeframe chart, you've got a TD9 count top. What did that TD9 count top do? Took price right back to where it had broken out from. Where did it break out from? 480275. So you had a sell and then you had a buy. Now the key is prices taken on this where the first resistance level would be on any kind of a rally when you get a bottom and getting back to a breakout level can be a bottom out there. Is that oscillator and change line? That's currently printed at 4815. If price is able to close above that, again it's green, then you'd have a rising price oscillator above zero. That would be a bullish condition and price would then go target the next level of resistance. On my charts that's easy to identify because that would be at 4825.60, can't print to 60, but 4825.50 out there. And above that 4831, above that 4836. 15 minute timeframe chart, TD9 count. We can see that it's really the 10 minute chart that has more control, at least from a signal standpoint because it came back, price broke right back, came back to its breakout level. In the 15 minute timeframe chart, price has not gotten down there. Doesn't mean that it won't. In fact, if price does not close about 4815 on a 15 minute basis then I'd say it probably will. If it does close above it, if it's only a counter trend move on a 15 minute timeframe, price will find resistance between 4821 and 4825. 4825 being the real key number to be paying attention to. 30 minute timeframe chart, we've got nothing out there other than price consolidated with inside its profile, the same with regard to the 60 minute chart, although the same with regard to the 60 minute chart out there. I don't really have anything else out here that's worth really notating for you. So I think when it comes to the ES mini, it's real, I can simplify it for you. If the ES mini, close it below 479950 is gonna be the number. Then we're likely to see a further move lower inside the ES mini. We come back to this break. Let's go take a look at block for Jimmy D. Gold for somebody who requested that. Amazon for Duncan Steve. And natural gas for ELO, we'll be right back. 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Internationally, at 727-873-7618. Let's go take a ticker symbol, BLOK. That is for Jimmy D inside the Tiger's Den. You've got block trading on it. Jimmy is looking for an entry point, I believe. BLOK, again, is the ticker symbol. So an entry point could be $2635. So that's going to be the first one. So what we have out here, as I don't know why this topped, notice I don't have one of my topping patents that I can see off the top of my head out here. But the reason, so we can see that price yesterday closed below the bottom of its daily profile. We're trading below that again today. Here, Jimmy, that tells us about a profile change in trend. Out here, in fact, we had another one, a profile change in trend back on January 3rd. And on January 4th, that led to a rally right up in the resistance top of its daily profile yesterday. Now, the next level of support is going to be the breakout level, $2635. But today, you could also generate a A to B equals CD patents. We're going to take a look at that. The B point would be the trading day of January 3rd. Volume, there was 348,000 shares. So far, you've done 368. So in essence, you already have a confirmed A to B equals CD patent on the downside. How do you compare January 3rd's volume to today's volume? I don't know. But regardless, you still have an A to B equals CD to the downside. As long as price closes below that low, let's go ahead and I'll give you that low again, and let's take a look at A to B equals CD, which would take us below the $2635 area. Not by much, but around $2611 or thereabouts. So the first thing to be watching here inside of block is going to be the low from the trading day of January 3rd. And again, that is at 2802. If you close below that, you're likely headed down to $2635 or so. That's the area where you start looking then for that bottom that you want to buy. Because it would be an A to B equals CD patent on the downside, you ideally would see some type of bullish reversal candle as price gets down into that 26 and change level out there. If you get that, then you go ahead and fire away. If you don't get that, you don't fire away. You wait for the bullish reversal candle. And the reason is you need the market to at least need the cavalry to tell you if they're ready to try to defend themselves out there. And that's what those bullish and bearish reversal candles are really all about. You can go ahead and buy the A to B equals CD pattern. I think if you do that along the way, you're going to find you're going to get burned out there. Wait for the cavalry to arrive. In the case of the weekly timeframe chart, you have a TD-9 count top. That suggests that price pulls back in at least tests in such a certain change line. Jimmy, that's currently priced at $2676. So we've got the $2611, $35, $2676 area. So we can see that we've got confirmation of price headed down towards that area. If price close a blow, $2676. And on the daily timeframe chart, we don't get it confirmed by the D-point pattern. Then the next downside target you'd be looking at, Jimmy, would be $24.72 cents out there. So that's what I would be looking for. I think you've got a little bit of time to wait on the blockchain, which is what this is, blockchain leaders. It's the ETF. I don't know what's inside there. Of course, we did have a number of ETFs that came out yesterday for Bitcoin out there. And we'll continue, we'll monitor those for you as we start to get more and more information. If we take a look at those Bitcoin, and this is not all of the Bitcoin ETFs out there, the only one that's really got any kind of data associated with it would be that GBTC. Now, if we take a look at the January contract out here for Bitcoin, if you try to understand it, where is this likely headed to? The January contract, we can see that price is got a wave number seven top. That's gonna go ahead and confirm today. Price below the green also didn't change on its loss of momentum. The next area of support for Bitcoin is down around $40,057 to $38,559. And below that would be $35,000, even Stephen out there. So it does look like Bitcoin's getting ready to head lower. If you were trading the GBTC, what you'd be looking at here is really the similar kind of pattern out here. And its level of support, its first level, its next level of support would be $36,68 below that, $3,404 to $3,442. So over time as we get more and more days and weeks out here, you and I will track what's going on inside of Bitcoin and those ETFs, but there's not a ton to report on it for you today. So Jimmy, I hope that helped you out with regard to a block and potential entry levels and at least the pattern to be watching. We had a request to go take a gold and that was with regard to the commodity and I did not write down who requested that, my apology, but thank you for the request. And the question was, take a look at gold from the shorter term timeframe. So on this set of charts here, the shortest timeframe that I've got right now is a 30 minute timeframe. If we take a look at a 30 minute timeframe chart for gold, we'll see it formed a TD9 count bottom. This is at one o'clock in the afternoon, back on January 11th, is today the 12th? Today is the 12th. I just think I said it was January 11th. Okay, that's a pretty smooth move there, Stevie. It is the 12th. Okay, so it makes that bottom yesterday, makes a TD9 count top, it completes that at 7.30 last evening, pulls back slightly, never even gets down to the oscillator and change line, negates that TD9 count signal right here at 2.30 in the morning. Once it does that, it's off to the upside. Now the off to the upside, the price target was 20.56. It sliced through that as well, but it sliced through that on its way to forming a TD9 count top. Now what we have is price trading with insider profile. As long as price remains on a 30 minute basis below its oscillator and change line, that's currently printed at 20.59 is what we'll call it. If as long as price remains below that, we should see Goldilocks pull back and test the next level of sport, that's at 20.50.70. That is the bottom of its 30 minute profile. The price we're to close below that, that's Goldilocks, that is 20.42.60. What happens if price closes above the green oscillator and change line for a 30 minute basis at 20.59? That suggests that we run back up to its high. The high right now would be 20.65.50. That's a top of the 30 minute profile. That's a short-term timeframe chart. We've got a TD9 count top as well in the 60 minute chart. Now here price is trading with inside its profile as well, resistance 20.67.30. Support would be 20.52 and change, or maybe it's a little bit less than change. Maybe it's 20.51 and change out there. That happens to be the 60 minute oscillator and change line. If price were to close below that 20.49.30 would be the level you'd be looking for. The two hour timeframe chart, looks like it'll go ahead and confirm a TD9 count top and it'll do that at 12 noon. That would then suggest price pulling back to 20.44. So at this stage here, we've looked at a 30, a 60, 120 minute timeframe chart. They're all suggesting a pullback out here. Gold on its daily timeframe, you didn't ask about it, but I'll share it with you. On its daily timeframe price also hitting resistance. That's the top of that new profile at 20.62.90. So the short-term timeframe charts, not necessarily the four hour or the five hour chart here, they are suggesting that we should see at least a retracement out there. That's what I see when I take a look at those shorter-term timeframe charts for Goldilocks. I do hope that helps you out. 777 Jack inside the Tigers Den would like to take a ticker symbol, B-U-R. So we're gonna move over to those charts here. Momentarily, I just wanna close down all those gold charts, free up some other resources. Well, there's another set of gold charts, but we don't need those just yet. Let's go take a look at Burr. It's cold out there. Give me a second here. B-U-R should be here. There we go. So we take a look at Burr. Burr is what? Burr is Burford, Burf, Burford Capital. Well, Stevie has a hard time pronouncing that, but I don't have a hard time pronouncing what it's doing. It's consolidating with inside that daily profile. That's got support at 14.64, resistance up at 16.25. There's native B-equal CD pattern out there. That was confirmed where they sell the D-point pattern. That confirmation took place on January 2nd out there. So you gotta sell the D-point pattern. You got a consolidation with inside it's daily profile. Your price can close the day above the screen onset or change line. That's at 14.98. We'd like to get a move to 15.28. Monthly or weekly consolidation with inside it's profiles as well. Two consecutive close by 15.27 would be nice. Now it's just moving back towards that $17 level. We'll finish, take a look at Burford Capital as soon as we get back to this break. The Gold Report. 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. The Gold Report. Tom O'Brien publishes his weekly Gold Report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African Rand, as well as 25 different mining equies with specific buy-sell recommendations. The Gold Report. New subscribers get a 30 day money back guarantee so you have nothing to risk. 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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. Max, we're taking a Burford capital out here. You've just got a consolidation in the daily and the weekly I've provided you with those numbers so far. If you can close above the 15, 28 level, that would signal that price would go up to target. The TD9 count top that formed on its monthly timeframe chart, that was the month of September, 2023 and that high out there that you'd be looking for would be 1770. You clear 1770, you're off to the races to the upside. So Jack, I hope that helps you out with regard to Burford capital. Duck and Steve would like to go take a look at Amazon out here, AMZ and being the ticker symbol. We take a look at Amazon, what do we have out here? Well, on a daily timeframe, you have an A to B equal CD pattern, although really that retracement's not enough. So we're gonna get rid of that. That's not enough of a retracement on a daily timeframe, I can tell that. You need to at least get towards the 382 level. That's just a 20% there or something along those lines. So what do we have here for Amazon? You've got wave number seven that's likely gonna go ahead and confirm today. So Amazon will give you a daily topping signal. Now that daily topping signal, that's assuming we don't get a tick above yesterday's high. Yesterday's high 157.17. If you do get a tick above that, the wave seven signal extends itself until you get a lower top. Like any topping pattern, all that it gives the sellers the ability to do is pull price back to support. Well, there's different sport levels out here. The first one inside of Amazon Duncan is gonna be at around 153.54. I said around because that's the answer and change on that moves. The next level below that is down to 151.56, the top of its profile. And below that, we'd be looking at 145 to 146, the bubble structured area of that daily timeframe profile. The daily signal out there of wave number seven goes along with the wave number seven signal that's present on the weekly chart, but you also have a road momentum indicator signal and a TD nine count top. And that's what's most important at this stage here. As long as on a weekly basis, price does not close above 155.63, the TD nine count top remains in force out there. And on a monthly timeframe, you also have a TD nine count top. Now, if price were to close above that TD nine count top, and again, I think I gave you that number, let me make sure 155.63, that's a whole different signal. And that would negate the weekly chart, that would negate the monthly, could negate the monthly timeframe out there. And then that would suggest we had higher. But otherwise, Amazon is all set up right now. So, Steve, thank you for even bringing it to our attention out here for a daily, weekly and monthly top out there. Maybe we are getting ready for the markets to pull back. So, hope that helped you out. Again, watch the upside because if it closed above that wave seven top on the daily, it extends itself. And if it closes on a weekly basis above its TD nine count top, then it says that that whole idea of moving lower is out of the question. Hector and Patty right in, they wanna take a look at the XLE. So, let's go take a look at the energy sector out there. The energy sector yesterday what it did, Patty and Hector was attested and rejected a lower swing point with lighter volume. That swing point was from the trading session, let me make sure of that, yeah. That was from the trading session of December the 12th. That session did 22.6 million shares. Yesterday it tested the high of that swing point, it closed above it and it did it with only 19 million shares. That's called a test and rejection on lighter volume. Not unusual then Hector and Patty to see a rally. That's what we saw. Like all rallies when you form a bottom, that was certainly a bottom signal out there. What's the first thing? The first thing in this case here because it's a bottom is trying to take out resistance. Turns out the XLE struggled to do that today. That's that red oscillator and change line. Now that's really your little booger out there because as long as price remains below a red oscillator and change line, the conditions for that timeframe in this case here, the daily is that we have a falling price oscillator below zero, bearish period end of story. Now that doesn't mean there's not support because there is. In the case of the XLE, there's a brand new profile that's forming today and that support level is down at 81.81. If price closed below 81.81, well price goes ahead and revisits that swing point from December 12th. But we don't have any kind of a breakout here. Even if price were able to take out that oscillator and change line, that new profile has resistance, Hector and Patty, that's up at 83.58 out here. That's what the daily timeframe charts are communicating to us. Let's go take a look what's going on on a weekly basis. Weekly basis, prices below the bottom of it's a weekly profile at 83.09. Not really a good scene. That could be suggested move back to 80.52. We wouldn't make that call unless we saw a close bullet swing point out there for again, from back on December the 12th. The monthly timeframe we're trading below the center of its bearish structured monthly profile. Hector and Patty, you know what that means. That says the XLE could be signaling a move bound towards the bottom of its profile at 68.40. We're not going there just yet. We're not even below last month's low out there. But we don't have a bullish signal. It's really what I wanna say coming from the monthly timeframe from the XLE. We don't have a bullish signal from the weekly timeframe. And we really don't have a bullish signal from the daily timeframe either. We just simply have a test to rejection of a swing point on lighter volume and then price running right into that buzz saw that red oscillator and change line. So hope that analysis helps you both out. Thanks so much for writing in as always, Neb. You have a fabulous weekend also. ELO inside the Tigers Den just long as we're taking a look at XLE and because the XLE and Lightspeed Crude track, he would like to take a look at Lightspeed Crude. So that's a perfect timing. Nice segue because maybe we find something out different here that Hector and Patty and I and you should pay attention to. We take a look at Lightspeed Crude. We saw that nice rally today. Now the rally on this set of charts is not showing the group of descending price trend lines out here. So that's the dollar. That's the wrong one. I was going to change screens. Just doing a horrible job. So I will change screens and then we'll come back and forth out here. So I certainly want to show you what that rally has done and has been doing. And the reason for that is because you can draw these lines on your chart as well, yellow. And I'd recommend drawing them out there. So you can see these different trend lines from swing points. You can even add another one out there. I don't need to at this stage of the game. We can see how all rallies have been running into that level of resistance out there. Support has really been the bottom of its profile at 7014. So I'm not going to show these same trend lines on the white background chart, which was the reason I moved over here. Now let's go move back to those white background charts where lights recruit and see what other kind of signal or pattern information we can pick up. And to do that, let's begin with the monthly timeframe chart. Just to consolidate with inside its profile, that's between the range of 7180 up to 8792. In the case of the weekly timeframe, a consolidation with inside its weekly profile with a key level of resistance actually being the outside and change line currently printed at 7150, 70 yellow above that 7734. Support here, 6954. Support for the daily timeframe. That's at 7014. So in addition to lights recruit trading into trend line resistance, it's also trading into its bearish structured profile zone. That's between 7543 and 7755. The actual high today so far is up at 7525. 7543 being that, and it's also trading into its swing point here from, that's what TD9 count swing point from December 26th. Volume there was 208,000 shares. You're up with 263,000 already. So it's pushing that swing point with volume, even rejection says you get back to retest that. 30 minute chart here for lights recruit. So we've been backing off top with a TD9 count top. You're going to form TD9 count bottom here at 12 noon. You'll complete that pattern at 1230. What you should be watching for here, ELO is some type of rally on that short term timeframe chart. If you don't get that, the price closed below the bottom of the TD9 count on the 30 minute phase, you're looking at 7204. Steve Rhodes with TFNN, 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, pound dollar, dollar Swiss, dollar yen, as well as many more. 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To obtain a fund's prospectus and summary prospectus call 866-476-7523 or visit Direction Investments.com. A fund's prospectus and 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, Four Side Fund Services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Take a look at this chart. The chart's here for a lightspeed crew to see if there's anything else to pay attention to. We were talking about that 30-minute TD9 count pattern that's gonna complete by 12.30 out there. So the bounce here, the first level of resistance on a bounce is gonna be 73.62 and above that, 74 and change. 60-minute timeframe, I've gotta sell the D-point. 20-hundred and 20-minute to sell the D-point. 240, sell the D-point. The same thing on the five-hour timeframe chart. Five-hour timeframe chart, maybe not so much out there. But you can see we've got lots of different topping type action. Watch the 30-minute, that'll give you a clue as to what lightspeed crew's intentions are. So I hope that helps you out. Let's go take a look at Google. Let me close this set of charts out here free of some resources. That's for ESXVM inside the Tigerstem. We gotta find out what that stands for. I got the ES mini part of it. The X and the V, I think we're starting to get into Roman numerology out there. But what does Stevie know? But let's go take a look at what he would like to look at. That is called Google. So momentarily we'll get back, hopefully to the Google chart. Is this it right here? That's not it. Maybe this is it right here. There we go. So we take a look at Google, what do we know? Well, the first thing that we know out here, ES, is that we've got a wave number seven top that is likely gonna confirm today. The only way that doesn't confirm is if we get a rally and we tick above yesterday's high. Now, get a wave seven top and price is doing the first thing, which is testing support, the first level of support. So here's the area to be watching during the day. And that's gonna be the top of that daily profile. That's at $143.94. If price closed below $143.94, it's oscillator and change line becomes the next target. $142 and change, $142.34. Below that we'd be looking at the profile level, $141.68. And then below that, $139.42. So Google does have a top, it's a wave seven top. You now have those different levels of support to watch. What happens if price stays above the top of its profile and above its green oscillator and change line? And that is an excellent question. Thank you for asking that question. Well, then conditions just simply are neutral. Neutral because we have an absolute, because we have a topping signal. Neutral also because we are above resistance, two key resistance levels out there. The weekly timeframe chart says, I don't know what the Sam heck you guys are talking about. So maybe longer term, Google wants to move higher, while the shorter term ES, this is looking to pull back to test some other support levels. If it doesn't close below $143.94, again, it remains neutral and the weekly might be the correct signal out here. Well, the monthly says, hold on a minute guys, I'd like to pipe in. And by piping in, it's telling you and I that if in fact we get a close above last month's high, last month's high is what we're trading above right now. If last month's high was $143.94, if we close above last month's high, that negates its CD9 count immediately and tells about a strong upward momentum move. Now, I don't want to get all happy here. Of course, I love being happy. I'm only happy out here. And what I really meant by that is that doesn't mean it's going to the moon. What it means is that it would head up to $152.10. Now, how can it be so specific, Stevie? That's because that's the TD9 count breakdown resistance level. I don't know whether it can take that out or not, but I do know based upon the signals, the patterns that you and I are looking at and just simply narrating these charts for you so that you can follow along, you can see the exact same thing that I'm looking at. In fact, if there's any benefit, hopefully there's a number of benefits of listening to the show or listening to the workshops and watching these charts out here is that you can narrate the charts. But I can put this set of charts up on my screen. While I'll focus on one, you can take a look at the others and come down and determine what is the message of the market as we speak right now. You and I know that at any moment in time, anything can change out there. We can't. For example, we don't know if the Britain and the US are going to start bombing the heck out of the hoodies somewhere. If it does, it's likely to have an impact like it did on gold and the late sweet crude and silver and the GDX out there as well. So I hope that helps you out with regard to Google out there. Let's move on to Metta. That's coming in from San El inside the Tiger's Den. We take a look at Metta Facebook out here. It's just simply in bust out mode. Now, what does that mean, Stevo? That means it's going to try to bust out. It's all time high for back in September of 2021. And that number is 38433. On a monthly basis, back in September of 2021, there were 338 million shares that changed hands. Now, it's only the 12. We've done 135 million shares. Even if we multiply that times three, which is being aggressive out there, well, that gets us up towards that similar type volume. So I don't know if the monthly volume is going to be out there, but if you do get a close above that level, again, that level is 38433. And that's where price is targeting, by the way. That's why we're focused on that level. Then you're going to have an indication of a much further move higher. And it could be a gigantic A to B equals CD at the upside pattern. On the weekly timeframe, there's no topping pattern that's in play right now. There's a Roadsman Dominicator signal, but that requires a bearish reversal candle. Otherwise, price continues to move higher out there. And you are above its green asset and change on a profile levels. And that's the same thing on the daily timeframe chart. So with regard to Facebook, Meta, however it is you want to call it, you can see the A to B equals CD pattern on the daily timeframe out here. So that says, just be cautious out here. Look for some type of bearish reversal candle. Let's see if we've achieved the one to one level. And the answer to that question is, yeah, we're achieving it as we speak right now. Now, if you're an aggressive trader, you want to go and sell the D point, go for it. But don't do it because Stevie suggests that you do it. Stevie suggests just the opposite. You're trading above every resistance level out here. Wait for the bearish reversal candle to form inside of Meta. Short of that, its stock charts look moi bueno. Now, on the 30 minute timeframe, I can do this real quickly here. 30 minutes says, Hey, Stevie, wait a minute here. Wait a minute. I'm trying to form a Rosamund Dominicator top out there. Well, okay. If you get that, then you need to see a close ball 374.36. That'll get you down to the 371.80, 369.83, maybe 367.86, but you got a close ball 364.94 to really get my interest out there. And that is Facebook. So it looks to me like it really does want to move higher out here. Let's go take a look at URNM. That is for LB and LB wants to know about the A to B equal CD patterns out there. And if that's the case, what we need to really do is change over to my other set of charts out here. But right now, I will stay here just for a moment. We can see on the daily timeframe, is there anything that LB has to be concerned with? The only thing that I see out here LB is a wave number seven top. And so that says, if you get a lower high, that would suggest a pullback or retracement back to the 50 and change level out there. There is a Rosamund Dominicator signal. That needs a bearish reversal count to confirm a top. I don't see any kind of a top on the weekly timeframe. In fact, it's just simply all out bullish and it is all out bullish on the monthly timeframe as well. However, a TD-9 count top could form in January or February of next year. So let's go back to Stevie's other charts out here. Let's take a look at those A to B equal CD patterns for LB. And they're gonna be different A to B equal CD patterns. For example, if we take a look at the monthly chart out here, we have to go, this was an IPO that came out in December of 2019. The B point was a low in March of 2020. The A point, that was the A point. The B point was up here in the November of 2021. It pulls back test profile support and that makes about a 56% retracement. The B point has volume of 17 million shares. So this is a monthly chart we're looking at. You've done seven million shares almost halfway through the month out there. So you've got similar type volume out there. If this does give you the volume confirmation, you're looking at an A to B equal CD after 71, 23. The weekly has an A to B equal CD to 63, 11 as does the daily timeframe. So the only thing you've gotta be worried about is the daily chart out there. If you get that lower high, you should expect her to spate a retracement if you get a bearish reversal candle, the same thing. LB, I hope that helps you out. We come back for this break. Let's go take a look at Nike and for Dan at the GDX for extra credit. Great job. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman in your inbox every day. First time subscribers also get a 30 day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com, educating investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First time subscribers also get a 30 day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. TFNN has just launched their new trading room, the Tiger's Den, hosted at Discord. TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours and now they are expanding their reach with the Tiger's Den, available to all Tigers and Tigresses for just $1 for the year. There's no catch or added costs when you join our community of traders. In the Tiger's Den, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other Tigers and Tigresses as they share trading ideas, news analysis and discuss the market action all trading day, even at night and on the weekends. 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. Here for Nike, Dan's question is, will this get back to the $99 level out there? We take a look at the daily timeframe, Dan. That's a real possibility. Why? Because this rally here has run right up into resistance. The bottom of that daily profile, that number is up at 105.85, still below red oscillator and change line. Of course it needs to take out that swing point here. Looks like from the day of January 8th, that low out there, 101.73. But the daily is saying, yeah, I want to trade lower. The weekly chart says, you know what? If I can close the week today below 103.88, that would be too consecutive. Close below its bearish, bullish structured weekly profile. So that you'd love to see. If you get that, Dan, you can see its breakout level is 95.92. That certainly would get you back. You're not seeing Nike? Wake up, Stevo. Wake up, change windows. Thank you about that, Mr. O'ville. I really appreciate that. Sorry about that as well. Here's the charts now for Nike. You can see Nike, no need to repeat. Perfect, you got it. So here's the thing I'd be watching for then, Dan. You're good at this. Take a look at the 30 minute timeframe chart. So as the daily was running into that profile resistance level, you had a TD9 count top forming. Now prices below profile support out here. Watch 104.03. You'd love to see price close below 104.03. If it does, then you're back on your way to lower price out there. So hope that helps you out. Let's take a quick peek here at Tesla. And I'll go take a look at the GDX. Tesla, the question was, where is this headed to? Looks like it's breaking down. It's breaking down miserably and negated as TD9 count bottom on its daily timeframe right away after day number one. I say this is headed back towards its swing low. That's the swing blow from November 3rd out here and that is the 190.407 area. That's what I would look at as its next downside target level. And now for Hector and Patty, who wanted to take a look at the question was, is the GDX generated a signal for us that gold's getting ready to break out? And my answer there is no, not at all. You've got a beautiful TD9 count bottom that formed inside of the GDX and what did its rally do? Ran right up into two levels of resistance. Hector and Patty, there's a new profile that's forming today. Resistance is 3018. He just got a consolidation right now. With regard to gold, it also ran into resistance at 2062.90. So no, I don't think we're getting signals here of an all out breakout in gold, silver, or the GDX. Folks, have a fabulous Friday, a fantastic weekend. There is a holiday on Monday. So we'll see you back here Tuesday, 11 o'clock. Take care, be safe out there. Thanks so much.