 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 morning, folks. Welcome to the November 8th. 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. 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 up 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 are going to go check out the circumstance of these markets. We'll figure out what those bulls and bears, what those buyers and sellers are communicating to you and I 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 this next 53 minutes, I am here to serve you. So feel free to pick up that phone. I would love to hear from you. 877-927-6648. That's the number to call in on. Now, if you've got a question, but you can't call in, you can always send me an email. Please send that off earlier. The earlier, the better. And in that subject heading, please put radio show question and send it to Steve at tfnn.com. Of course, if you're inside our tiger stand, well, then any in every ping will do. So let's go ahead and get this show started on Fantastic Fabulous Friday. This is Tiger. Financial news network. I'm Steve Rhodes. Welcome to the show. A sea of green out there. You got all the U.S. indices that we track trading the upside, the XLV. Healthcare sector just went slightly negative. That's the only sector inside the S&P 500 trading the downside. That was up 64. S&P 8. NASDAQ 32. Russell's up 10. Semi's up 25. Trendy's are up 17. You've got gold trained down 21 bucks. Silver's off 30 cents. The U.S. dollar index up 370 ticks or so. Silver's down 30 cents. I didn't say that late. Recruit is up nearly two bucks. Natural gas is flat. And the 30 year treasury printed out 118. 27. Now leading the charge. Dollar wise the upside. You've got micro strategy. 26 bucks. 4.5%. Lulu lemon. 21 bucks. 4.5%. Hub spot 12 bucks. 2.5%. United rental. Number of waiting inside the Dow up 2.5%. That's a $12 move. NVIDIA is up 10 bucks. I believe we took NVIDIA and I think NVIDIA's got that TD9 count bottom. That is up 10 bucks today. 3.5% move to the downside is restoration hardware. That's off 38 bucks. 13%. Magical pharmaceuticals 22 bucks. 9%. SBA communications corp. 3%. 7 bucks. Nile and pharmaceuticals 5 bucks. 3%. Pool corp down 5 bucks. That's one and a half percent. So we got some movers and we've got some shakers. But let's begin with. Let's begin with it was Jobs Friday. It is Jobs Friday. And in the case of Jobs Friday out here is the Dow Jones Industrial Index. And we take a look at the 10 days prior and the 10 days post Jobs Friday over the course of the last 15 years. Well we've been rallying up into this point in time. Looks like it's following along this analog. This analog says that we rally for the next seven trading sessions out there. This shows the prior 10 and the post 10 of these. Oh, she's Louise. That's not good. Losing that the monitor. That would be a bad thing. It's so interesting. This this tool here seems every now and then to get to a monitor and it shuts it down. So weird. I need David Wade around her to tell me what in the same act is going on. But that's the seasonal pattern that we're dealing with here. At least that's the seasonal pattern for the Dow. So this pattern tells us we should have hired. We take a look at the this. That's a labor market. If we take a look at the actual seasonal pattern for the Dow. We can do it really over the last 15 years. Let's use the same time frame. Now in this case here. Oh boy. We're going to have to change monitors. Let's change monitors. Let's go over to this monitor. Give me a moment. Let me change it on the actual screen out here. Hopefully doesn't do that to this screen. That would be here. Okay. So now we're looking at the seasonality chart. So let me just make this a little bit easier. We can really see what the trend is out here. So you can see over the last 10 15 years. We're basically in the unfavorable seasonal period of time. And price should be moving lower. Now the the Dow actually has a still has a teeny nine count top. This suggests that price should move lower into about the December 19 time frame. Now that's over the course of the last 15 years. If we take it look at it over the last 126 years. It'll take just a moment here to populate. What this is going to tell us is that we should be seeing a market turn today or Monday out there. So let's keep that in mind. But we do have two diverging patterns that are in play as we speak right now. Now those requests inside the Tiger's Den from CKP wanted me to take a look at the seasonal chart for the S&P 500. So let's go ahead and do that. Let's put that up here. See if there's any difference. Well we're not going to have 126 years. We've got 90 five years worth of data. We take a look at this chart here. This also shows us that we should have formed a top. Now in the case of the EAS Mini and the S&P 500 we do not have any kind of a topping pattern. Doesn't mean we can't form one. It just means that right now we do not have any kind of a topping pattern. Now this also suggests that the market could move lower into that September 19 time frame out there. That's a seasonal. If we take a look at the events and the event being Jobs Friday out here. We'll get to that report as soon as we can. That's not it. There we go. So now we can take a look at reports. Let's take a look at the labor report out here. Let's take a look at the last 15 years. Let's just see how this lines up. And again the same pattern here. CKP that we have with the Dow and the S&P 500. Now perhaps. This is where the S&P 500 looks like we should have lower for a day before the rally if that resumes for the next in essence the next seven trading sessions out there. So how are we going to figure out what all that means out there? Well what we're going to do is we're going to take a look at the patterns. So let's go take a look at the patterns out there. Let's go take a look at the for equity future contracts. For that we're going to change screens here. We'll be over at our white background screens momentarily. So here in the ESMini there's no way to draw in an A to B equal CD pattern. Why is there no way Stevie? Because we have never had a retracement that's even close to a .382 retracement out here. So there's no B to C that we can tie in here. We can we can draw one but it's not going to qualify as an A to B equal CD at the upside. Now what we can see today is that just like on the trading session here of November 29 there's an erosement to indicator signal that's been triggered. That tells us about a divergence pattern in the relative strength indicator but it's more than just that because there's a certain set of patterns that I look for. It's not just an immediate so in this case here what this needs is at least a bearish reversal candle to confirm that top. So it's got potential and that could even take place today. So we'll want to watch that with regard to the ESMini. In the case of the NQ still has that TD9 count erosement to indicator top with prices consolidating with inside his profiles. In the case of the Dow Equity Future contract you can see it's TD9 count top that took place two days ago. Any close above that high that high by the way is .36352 that negates that pattern and tells us we had higher. Now in the case of the Russell 2000 it has a sell the D point pattern that took place out here on December the 6th. That was a bearish shooting star that does have a retracement that is at least .382 and so that's got a valid A to B equal CD. So again sell the D point pattern that would be negated with a close above 189520. However if you poke above 189520 you'll form bar number 9 of a TD9 count. The problem is for this TD9 count pattern it's likely to go away today. It will go away unless price closes above 188490. 188490 is where price would have to close above in order to get that TD9 count pattern. But the Russell's already got a topping pattern that's in place. So you got one in the Russell, you got one in the Dow, you've got one in the NQ. We just don't have one in the ESMini. Maybe that road to mitigate signal maybe we get that bearish reversal candle on Monday. And then maybe that 95 year or 126 year seasonal pattern with us moving into December 19th or so takes hold. We'll be right back. Get ready Tigers. Thursday December 14th Tim Ord is back to host another stellar live webinar. From 4 p.m. to 5 30 p.m. Eastern Time. Tim Ord will delve into the secret science of market tops helping you the viewer with how to effectively call market tops in order to increase your success in trading. Tim Ord has developed this understanding over decades of trading and is ready to impart this knowledge on you. Visit the front page of tfnn.com today to sign up for Tim Ord's secret science of market tops. tfnn. Educating investors. If you're looking for potential trading setups in the stock market then Rocket Equities and Options Report is a newsletter you should try. 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Visit tfnn.com and try mastering probability 30 days risk-free today. tfnn educating investors toll-free at 1-877-927-6648 internationally at 727-873-7618 folks so yeah I think we covered the at least right now we've covered the equity future contracts we've got a number of requests that are in so let's go ahead and get to those and start the first one's coming in from yesterday we wanted to take look at LABU now LABU is the biotech it's I believe it's a two or three time biotech etf out here let me see if I can figure that LABU, LABD see there are two X or three X out there it's a three X out here so we really should be looking at the one X this is for the S&P so it's not the it's not the IBB let's switch it over to XBI here momentarily you can see that it's going to complete a TD it's going to confirm a TD9 top today it'll complete that pattern on Monday so that's suggesting that this should pull back to test it's also to change time around 8198 the weekly time frame chart it's got a rosement to indicator bottom it's trading above profile it's suggesting it wants to out here as to what's going on if you would take a look at the LBL ABU chart you can see look at the monthly chart it's just the way that these doubles and triples work out here but here we take a look at XBI and again thank you Dan for that you've got a TD9 top that's going to confirm today it'll complete on Monday we take a look at the weekly time frame chart we can see that price is trading above profile it suggests move to 8444 so when the Tuesday Wednesday price starts trading above that it'll negate that pattern and that would be your signal that set it up to 8444 in the meantime well you should prepare for over the course the next couple days to retracement the retracement should head back to the 7731 level that's the first level of support on a move lower out there on a monthly chart we just have a consolidation with inside his profile this is going to potentially close higher for three consecutive months the bottom there that had five moves to the upside that was a real good signal that this was a change in trend that is in place out here we've only seen now a couple of two bar pullbacks out there so it's got a very strong momentum but nonetheless you've got that TD9 top to be paying attention to on a 30 minute time frame I don't see any kind of a topping pattern as we speak it's going to take hold but it's a great signal so you'll want to pay attention to at least the intraday charts to see if you start to see some topping formations out there let's go to our next request that came in from Hector and Patty Hector and Patty noticed the same thing I did on my screen when I took a look at my initial screen as we came on there I noticed that Franco Nevada was straight into the upside that's a big thing today at this stage here what we do have is we have bar number eight now in order for bar number eight to complete and that's a likely outcome it just simply needs to close below the close of bar number four the close of bar number four was one ten twelve the issue with regard to the TD9 bottom pattern out here Hector is that price needs to close on Monday below bar number fives close and that's at 10745 my system right here is showing 10851 so I've got this delay thing that's going on but what we can see is that price has run right up into resistance Hector and Patty and that's that red oscillator and change line so no bottom yet it actually better off and looking for a bottom for Franco Nevada for asking this thing to trade at least lower come Monday and close below that close of bar number five out there then we could get a TD9 bottom pattern out there we would actually get a TD9 we would complete that pattern on Friday I'm sorry on Tuesday of next week today is Friday on a weekly timeframe chart we've got the only thing we've got out here is prices testing the swing point that's a swing point from September 30th volume there was 3.2 million shares we came into it last week it was with five million shares this week so far for Franco Nevada we're done with 3.9 million so we got 3.9 going against 3.7 so even if we reject that swing low you'd like to see at least reject that swing low close back of 1.1948 we're trading right now at 1.0823 so it's got to close back above I'm sorry 1.0970 geez Louise Stevie wake up 1.0970 still it's got a rally above that and then that tell us is that because you're testing that swing point with volume you're likely to go back down and test it that's what could get us to that ninth candle that 19.9 count candle out there so Hector and Patty good eyes wondering myself out there and now we know the answer all right we took care of the seasonal patterns there for CKP the next request that we've got is to take a look at Google that's from a guppy inside the Tigers and when a guppy would like to find is an entry point so if we take a look at Google what do we know out here so in the case of Google the only top that I really have is price testing a prior swing point that's a swing point it looks like from October 12 the volume was tested with 17 million shares and then it was tested and rejected with 8 million shares so there was your signal that moved price lower now I don't know what pattern I don't see a pattern out here to the downside that retracement there between this letter D that high out there from the trading day of November 22 and the retracement up into November 20 that's more than 0.786 so we're not going to say that was native equal CD to the downside but you're looking for an entry area and price is now trading above its daily profile and above its green oscillator and change line and yesterday price was moving to the swing point from November 22 that had 17 million shares this did 38 million shares so this is telling us that it should get back up to at least test that low that low from November 22 139 even Stephen today's high so far 137.99 so odds favor price is going to get up there again you're asking for an entry point the best way to find an entry point like that so the question is do you want to enter a long trade in Google just yet well shoot Stevie why are you asking that question McGuppy the reason I'm asking that question is we just have a good old fashion consolidation with inside the weekly profile that's between 128 29 138 64 and we have a TD nine count pattern that's going to complete inside of Google at the end of this month and right now you have a consolidation with inside that pattern out there so the longer term is saying be careful out there you can see the last TD nine count bottom that form that actually formed on the month of November in 2021 to complete that pattern December 2021 and then we ended up moving lower until made a TD nine count bottom so the TD nine counts of the monthly timeframe chart you know pretty good signal I can see one that failed here as well that was back in February 2021 out there but to answer your specific question at least to some intraday charts out here because it still has strong momentum and look for some type of pattern now we don't see any kind of pattern just yet we do see that price and pulled back this morning when it gap down it gap down right into its breakout level that was at 136 23 so clearly that's time as it could have been an entry point but the better thing would be to see Google form and a to be equal CD to downside now we don't see that price that would give you that signal now we are trading back inside that swing point from this morning that swing good volume of 3.6 it's a 30 minute bar we're looking at this finishes in four minutes only 343,000 shares that was opening volume as well out there so unfortunately I don't really have a great answer as to where to enter right now because I don't really see the patterns out here pull back to the top of the profile see an easy entry right now into Google Steep road for TFN it's December Tigers that means festivities decorating spending time with friends and family and the TFNN tiger dollar holiday sale don't miss your chance to receive a 20 30 or even a 40% bonus when you purchase tiger dollars once you purchase instead of your credit card visit the front page of TFNN dot com today to purchase your tiger dollars don't miss your chance to receive up to a 40% bonus on your tiger dollar purchase this holiday season every tiger who purchases tiger dollars will also receive a complimentary TFNN tiger mug with their purchase act fast and educating investors Tigers Tiss the season for leveling up your trading skills Basil Chapman is happy to offer all opening call subscribers a free subscriber webinar Wednesday December 20th 4 p.m. to 5 30 p.m. Easter Basil Chapman will be discussing major sectors and stocks that are coming off their lows today to secure your spot for Wednesday December 20th TFNN educating investors you have to practice sure but you also need excellent instruction from experts at TFNN you'll get advice and guidance from the authority and technical market analysis and it's not just dry tedious text either TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV live every market day from is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert hosts to help you make the right moves with your money watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be TFNN educating the whole device 24 hours per day go to TFNN.com then hit watch Tiger TV that's TFNN.com then hit watch Tiger TV folks let's get to our next request out here that's coming in from Nightram inside the Tigers then wants to take a look at their bearic gold GOLD as a ticker symbol so Nightram what took place today at least that's far is price a gap down below the bottom of its profile so that's a bearish message out there just triggered an A to B equal CD pattern to the downside now it's already attained the 1 to 1.272 price expansion level that's actually at 1693 we're trading just below that as you can see the 1 to 1.618 area 1673 the 1 to 2 would get us down towards 1652 we don't use those numbers as price has to hit those levels that's just where the next price projection areas are what you'd be looking for here for a bottom of a bullish reversal candle so that's what you want to keep your eyes on there we've already covered Franco Navada so we know what to keep our eyes on there as well we look at a weekly time frame chart you can see bearic gold consolidating with inside its weekly profile so it's got strong resistance at the 1766 area and strong support between 1571 and 1620 we've got its dance steps out here and well Jesus made eight consecutive moves to the downside that's as it was forming the bottom back in October it's going to be day number five so it's really kind of a bad it's really this bad news get into bar number five not that five consecutive moves to the downside is telling us about a change in trend so we've got that A to B equal CD pattern so we're not going to negate that but bearic gold is done today it's not really a good move out there and you add that to the fact that we've got a sell the D point pattern inside of gold as it made that new all time high so that's got to make us something to think about so Nitrem I hope that helps you out with regard to bearic gold out there be looking for a bullish reversal candle and of course be paying attention to what gold is the D point or a Gartley buy pattern it would become somewhat suspect rose inside the tiger's den wants to take a look at Berkshire Hathaway BRK we take a look at BRK we can see that a TD 9 count bottom is very likely to form today rose on a daily basis and complete on Monday now may get priced back to its breakout level 348.60 doesn't have to and even it gets below that with the TD 9 count top and that high form on the following number 9 so it looks to me like Berkshire Hathaway is getting ready to form a bottom that either took place yesterday or will take place on Monday out there and that's the pattern we take a weekly time frame chart you're back inside its weekly profile now a counter trend move to the downside would get us to 347.68 out there so we got 347.68 as another target there rose if you're looking to get in that means come back and let's take a look at this on Monday Monday or Tuesday out there the monthly time frame already has rose meant to communicate her top price just consolidating the essence with inside it's a bear structured monthly profile and on a weekly time frame not much out there other than just trading back inside his profile so keep your eyes on the daily out there with regard to a 30 minute time frame chart and the answer to that question is well there is and that took place back here let me get my cursor going rose meant to indicator bottom that form to 1030 morning back on December the 7th I guess that would be yesterday now prices pulling back and it's testing support and it's a key support level you're also trading inside that swing point now that swing out of 30 minute base did 90,000 shares last bar down 75 so far out there for Berkshire Hathaway but I'm not suggesting that has formed that top or that bottom today I'd really wait for today it's candle to confirm and come back to tomorrow out there tomorrow I mean on the Monday for Berkshire Hathaway so those are the patterns that I see I hope that helps you on especially here another reason to wait when I'm looking at is that we've only had a one day bounce usually you get at least a two day at least a two day bounce out here so coming off of that high you know we saw a four day move we saw a three day move out there that's got a lot of pressure to the downside for Berkshire Hathaway so let's wait to that bar following bar number nine forms out there look those CD9 accounts have worked their magic on the daily timeframe the last two times out so the third time could be the charm out there Rose thanks much for taking the time to write in have a fantastic weekend Ray in Sarasota wants to take a look at his favorite instrument and that is Nordic American canker actually I don't know that's one of them that he loves to trade this question is Stevo where is support and that is a great question the next area of support to the downside is 379 why is it 379 because we've been trading for four consecutive days below the bottom of its bullish structure daily profile not a good scene out there I do not have any kind of a bottoming pattern just yet I take that back I do take that back let me just make sure it looks visually like I've got a buy the deep point pattern let me just make sure in the A to B line there was a TD9 account bottom took price up towards its oscillator and change line and now if we go to the C point we did so this does have a this does have a buy the deep point pattern so the real level of support is a low of that bull sash candle which is the prior candle out there which is going to be 386 so you ask for levels of support 386 is one 379 is another now what you'd really love to see price today at least rally and hold the bottom of its weekly profile the bottom that profile is at 389 you close below 389 with regard to Nordic American tankers and boy that could be telling us about a weekly change in trend signal Ray as we pull this chart back I don't know what we're going to see what we're going to see what we see and we're going to look at the weekly timeframe chart we have any closes below weekly profiles out here once we came off the bottom we don't have that for two consecutive days so that would say this week and next week if we close below it then this is telling us that we're headed lower and I don't have another level of support on the weekly timeframe that I'm willing to shut out to you would have to come back to the monthly and the monthly profile of support or the monthly levels of support the first one's at 375 the second one's at 351 so those are your numbers for support you've got a buy the D point pattern on the daily timeframe price close below for at least 379 below 379 Ray you have another breakout level and that's one that's at 371 so hope that helps y'all with regard to Nordic American tankers thanks so much for your request now I believe I've been through all of the request nope G-Man wants to take a look at Disney D-I-S is the ticker symbol out here so I tell you what G-Man we've got about five seconds before we start hearing the music so let's take a look at Disney which is trading $3306 when we get back from this break did form a TD-9 count top the question is did it form a bottom Steve Rhodes with TFNM currencies, commodities and bond markets are as important as ever right now 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Now folks, so we'll take a look at the charts here for Disney. What do we know? We know that at the top of the TD9 account, that pattern formed on November the 24th, there's an A to B equal CD pattern to the downside was just confirmed with volume. So the B point would be the trading session from November 29th, 13.8 million shares. When it was passed, it was with 12 million shares, a little bit lighter volume out there. So I won't put that A to B equal CD pattern in just yet. So I don't have a bottoming pattern. We have price that is trading below profile G, man. In order to get back to its bullish ways out there, price is going to be required to close above 94-48. The reason is that on a daily timeframe, what Disney has is a bullish structured profile. No joy. I didn't do that. I noticed that you had that request there and that'll come up next. But with regard to what Disney, again, a countertrend move in a bullish structured profile would typically find support at the center. Now it could be our resistance, I should say. It could be resisted at the bottom of the profile as well, 93.67. So right now the daily timeframe, I've got a term, this is a countertrend move G, man. We look at the weekly timeframe chart, it says Stevo. I don't know what the heck you're talking about. Countertrend move, well, it's a different timeframe. Price is trading above profile. It's got a nice bottom. Roadsmen to indicator bottom says once the eventually move up to 103.91. On a monthly timeframe, we have price that ran into resistance and that was at the top of its profile. That's at the, let me just make sure that Disney, yeah. That looks like that is at 93.84. So you got 93.84, that's resistance. Your other resistance level out here is this TD9 count top, that is at 96.51. So those are your two resistance points out there, longer term resistance points. You know about 93.67 to 94.48. So I've got to go with just a countertrend move on that daily timeframe. With regard to Disney, this could be day number three to the upside. So if in fact this is just a countertrend move in Disney, I would say that today's high would be the top of that move out there or could be the top of that move. If I look to an intraday chart, such as a 30 minute timeframe chart out here, well we don't see G man right now, I'll take that back. What we do see is a dark cloud cover rogement and indicator top. So what price is going to need to do, if Disney is going to pull back, first thing it's got to do is close below 93.07 or close to that figure, because that's its green oscillator and chain sign. Then if it could do that, then the question is what does it do is it tests the other support levels. And there's three of them, 91.91, 91.70, and 91.49. And even if price were to close below 91.49, there's one more support level. That's at 90.38. So that's your progression out there. So there's the potential for Disney to form a top. But right now it's 30 minute signal, even though it has a topping pattern, because price is above profile, so it's above resistance, because we have a rising price offset above zero, conditions are neutral. They're quite frankly, they're neutral to bullish, but really just neutral because of that 30 minute topping pattern out there. So that's what I see when we take a look at Disney. Again, in summary right now it looks like it's just a counter trend move to the upside at this stage of the game. Let's go take a look at WDC out here, and that is for Joe D. Inside the Tiger's Den. And WDC is, well it used to be Winchester, Western Digital, Western Digital. Now Western Digital, that goes back a long way. You want to know how far back that goes? Like 1983. The company that Western Digital is now used to be Maynard Electronics. They were a little house that started back in the 80s out there, hard disk company. How do I know that? Because, well I ran a pretty large $100 million microcomputer retail store out there, and it was in the Orlando area, and that's where they're from. But any event, you don't really need to know that data. The question is, what's Western Digital doing? Western Digital is doing right now. Let me see if this had an A to B equal CD pattern. Did this form a sell the D point? Stevie doesn't see it. So what we've got right now is I don't really have a top. What I've got is a consolidation with inside its profile. And that profile level is between 4633. That's your level of support, and resistance up at 4858. That's the top of the profile. The weekly chart looks pretty good. The question is, did the weekly chart, is the weekly chart now have a confirmed A to B equal CD to the upside? Well, the B point that we use for that would be the week of October 6th. Volume there was 14.3 million shares. Last week, this was passed with 41 million shares. Wow, that's a pretty decent size A to B equal CD pattern. So what we do for that, just to move this over just a tad, we're going to draw in our A to B. Now we're just simply going to copy that line. This is important. So here's the A to the B line. And now what we're going to do is we're going to copy and face. And this is important because what you want to do with that A to B equal CD is you want to make sure that you maintain the exact same angle because this is where this is how you and I can interpret the charts out there. First off, on the weekly chart, price along the left side of the C to D leg out there. This is on the strong side. This is telling us this is more likely to do more than a 1 to 1 A to B equal CD to the upside. Now, the 1 to 1 price projection would get you up towards the 5084 level. And that's what we take, because no other topping signal or pattern inside the weekly time frame chart that Stevie sees out here. If we take a look at the monthly time frame chart, it's trading with inside a bullish monthly structured profile, typically when you close above the center, that gives the bulls the energy to move up to resistance. And that would be 53.75. So you've got a weekly A to B equal CD pattern that gets us up towards that 53 level. You've got a monthly profile area. It's just the weekly that you're dealing with here, which is a consolidation. So if your question was, where do you enter long trade on Western digital, it would either be a pattern that forms on an interday chart, such as a 30 minute chart. And here, as we take a look at the 30 minute chart, we can see that the most recent pattern was a TD9 count bottom that formed at 4 o'clock in the afternoon back on December 6. That level was tested. That level was tested. It was rejected. Now, we don't have any kind of a topping signal just yet. But you'd be looking for something like that. That would be great. Or you can look for a move back towards the bottom of its profile on a daily basis, 46.33. The only way it's going to get back to 46.33 is if it comes pounding to the downside with more than 3 million shares. That's that little swing low, junior swing point from December the 5th out there. So Western digital looks very good, Joe D. I hope that provided you with the information you were looking for. Duncan Steve wants to take a look at the CFLT. CFLT, we'll get that fired up here. We'll go see what this is doing. It'll take just a moment to get all these charts. And CFLT is confluent dink. Confluent dink had a gigantic gap to the downside. Big, huge volume. You don't see it right now. We'll have to pull this chart back just a ways. But when it was, now you can see it. And so now you've got an A to B pattern. A to, well, you really don't. Yeah, you could draw on an A to B equal CD pattern, but no bearish reversal candle at this stage here. So here's what I would say with regard to CFLT, Duncan. And that is, first, I'm gonna go to the 30 minute chart. The reason we're gonna do that is because 22.59, as you can see, is its 30 minute TD nine count breakout area. And, Duncan, this has been tested several times. In fact, the last time was this morning between the 9.30 and 10 o'clock timeframe when it formed, it had a gap to the downside and it had a bullish hammer candle. So I would say the first area of support is at 22.59, out there, price close below 22.59. And certainly today's low, because it was a hammer candle, that tells us we had lower. And if we had lower, then 22.13 becomes that price target. Now, that hammer candle that we're looking at on the 30 minute timeframe, that low was 22.43. So you have 22.43, but close below that, then 22.13 is certainly in the cards. Below that, I'd say 20.59. No top out here. That support area should hold. But we come back to this break, we'll finish looking at CFLT. That's for Duncan Steeve inside the Tiger Stand. Get ready, Tigers. Thursday, December 14th, Tim Ord is back to host another stellar live webinar. From 4 p.m. to 5.30 p.m. Eastern time, Tim Ord will delve into the secret science of market tops, helping you, the viewer, with how to effectively call market tops in order to increase your success in trading. Tim Ord has developed this understanding over decades of trading and is ready to impart this knowledge on you. Visit the front page of tfnn.com today to sign up for Tim Ord's secret science of market tops. T-F-N-N, Educating Investors. It's December, Tigers. That means festivities, decorating, spending time with friends and family, and the T-F-N-N Tiger Dollar Holiday Sale. Don't miss your chance to receive a 20, 30, or even a 40% bonus when you purchase Tiger Dollars. Once you apply your Tiger Dollars to your account, you will be able to use them for any T-F-N-N product purchase instead of your credit card. 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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. We'll get that confluent ink out here, CFLT. So what we notice here, you've got a nice buy-of-the-de-point pattern that formed on the weekly timeframe chart. And what price found resistance at this week was that red oscillator and change line. So it offers caution. What that tells us is that Duncan, who made this request, I apologize, I don't recall now, you got to watch support on the way down. So watch that 22-13, 20-99, and 20-57 levels out there because on that weekly timeframe chart, you really didn't want to stop the way that it did there. So that's all that I've got for you on CFLT. Hope that helps you out. We had a request to take a look at support levels for the TLT. The TLT, the 30-year treasury, now the 30-year treasury, we're trading the March 2024 contract. It formed a TD9 count top yesterday. It's going to complete that pattern just like the TLT. The question is, where is support? The first level of support is that oscillator and change line, that's at 93.31. The second level would be the new profile that's attempting to form today, and that's at 93.11. Below 93.11, we'd be looking at 91.63 to 92.12. Your price were to close below 91.63, the next level of support is at 90.21. Those are the support levels on the TLT. My expectation would be price gets back towards at 93.11 area, find support, and then it rallies from there. But that's just an initial instinct based upon what I'm looking at on the weekly timeframe chart. To close out the show, let's go take a look at, what do we want to take? Let's go take a look at the Daily Equity Future contracts again. What I did notice here, let me just hit my refresh button, is I noticed that we've got another topping signal now inside the daily timeframe for the ESMini, and that is wave number seven. And that just simply needs a lower high, which can't take place until the end of Monday to confirm a top. And why is that important? Cause you got a top still in the NQ, still in the Dow, still in the Russell 2000. And so to summarize for Duncan Steve, the seasonal pattern over the last 95 years for the S&P 126 for the Dow suggests we have a top that takes a slower into about December 19. Steve Rhodes with TFN, have a fantastic weekend folks. Thanks for joining me. We'll see you again on Monday.