 The following is a presentation of TFNN, The Trader's Edge with Steve Rhodes, free at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good morning or good afternoon, depending on which version of the show you're listening to. This is Steve Rhodes coming to you live. It's 8.06 in the morning. Thanks so much for joining me. If you're listening to the archive show, we'll make today's show as pertinent as we can to the 1-2 o'clock hour. Of course, if you are listening, I'd love to hear from you. You can do that a couple of different ways. You can give us a call at 877-927-6648. If you can't dial in, well, we've got you covered there. Now, look, if you're listening between 1-2, don't send me an email and not doing the show. But if you are listening live right now, you can send me an email, Steve at TFNN.com. Heck, you can send me an email between 1-2. That's okay. I just won't be able to answer it on the show. Steve at TFNN.com. And if you could put a radio show question in the subject heading, that would be great. Of course, in our Tiger's Den, any ping will do. Private public, it doesn't matter out there. Go ahead and get this show started on Friday the 13th out there. That is, for some people, I think that's an unlucky day. For me, it just reminds me of a good friend of mine. He passed away years ago. But in fact, he was one of the key guys that really gave me an opening into the Las Vegas marketplace. Years ago, back in the 90s, I had a business where, photography business, it was where we put your face on somebody else's body, turn those into magazine covers, movie posters, things along those lines. You probably, if you've traveled to tourist areas around the world, because we had stores all over the place. But Vegas was really an area to break into back in the 90s, because they were changing, they were trying to change their environment into competing with the Orlando area, really, the theme park. And they tried building theme parks, a couple theme parks out there. But Mel Larson is the guy that, he was in charge of marketing for Circus Circus. In fact, he's really one of the kingpins out there that helped develop Las Vegas. As they went through a transition in the 90s into the early 2000s where it was all themed, right? So he went from Circus Circus, developed Circus Circus properties out there. Then they came up with the Excalibur Hotel, and then the Luxor, and then the Monte Carlo, and the whole thing. But Mel, if you knew Mel, he's a great, great guy, but his lucky number was 13. His phone number had 13. He died on November 2nd. 11 plus 2 was 13. I mean, that's kind of amazing there. And he loved pink. And everybody in Las Vegas knew Mel. Really great guy, really befriended me. He was a big race car driver. So he raced cars on Daytona Beach. He was great friends with Carol Shelby. I had dinner with both those guys in lunch several times as they were bringing the Las Vegas Speedway. And Carol and Mel played a big role in that. So on Friday the 13th, this would be a day that he would be celebrated, and I'll celebrate it for him. In fact, if you go to the Circus Circus Hotel, I'm not necessarily recommending that you stay there, but in any event, it's one of the few hotels, if not maybe one of the only, but it's one of the few hotels that has a floor number 13. That's how much control he had. You go to Vegas specifically, right? You go to Vegas out there, and you look at the elevators, right? Because it's all about good luck. You do not want to put the thought of bad luck into a player's mind out there, but Mel was like, we're not going to have any of that. 13 is a lucky number, and we're going to have, by God, we're going to have a 13th floor out there. And I know that it wasn't the Circus Circus. I don't recall if they kept the 13th floor. Imagine they would have in the Excalibur. Now, they may have changed things since Mel has passed away, but in any event out there, look, let's get to the markets. That's really what you wanted us to take a look at. So let's do that right now. As of 8.10 in the morning, we've got all the equity futures are pointed higher. Boy, it was pretty interesting at 8 o'clock. They must have been released by China or something like that, but we had futures flying all over the place out there, but they're not flying right now. They're pretty steady. You've got Dow equity futures up 76 points. The ESMini is up about seven. The NASDAQ 24, the Russell is up about five points out there. Big moves overnight across Asia, about 2% moves, 1.75% in the Shanghai, 2.5% in the Hangsang, the Nikkei 2.5% out there, the S&P in 200 in Australia, up 1.5%. The DAX right now is up 8.10. The FTSE celebrating the victory of Boris Johnson out there. A huge landslide. I was reading something this morning said that this is the largest conservative party win since the days of Margaret Thatcher. So a big huge kibosh on the Labour Party, the Socialist Party out there. So now we'll see if they actually bring a Brexit they should now be able to bring a Brexit to an end out there. So a little bit of celebration going on. Gold is up three bucks, silver seven pennies, lights we crude, 56 cents right now. T-bond futures are up slightly, but in essence relatively flat out there. So let's go take a look at the market, see what they're doing right now. Just really in the short term out here, the short term, there were some, there are some topping signals out here. The roads momentum indicator top now. As we take a look at a 30 minute ES mini, we're going to see that right here, now this pattern is not going to identify the exact top in the, well it's going to identify, it's just not going to, if you trade it the way that I would trade it, the way that I do trade it, you're just not going to be selling the top tick or buying the bottom tick because what we do as part of this pattern is we wait for a bullish or bearish reversal candle. That's exactly what took place at 6.30 this morning. You got that nice little bear, bearish reversal candle. It was a bearish engulfing, the three river evening star, a bear separating land the whole kit and Kaboodle. And then what we saw here at 7.30 was we saw price close below the bottom of its profile. That's a level of support. You and I, it doesn't matter what time frame it is that we look at, in this case here it's a 30 minute. It's got the patterns that you and I like to use to identify tops and bottoms out there. And then what we do is we look for support, support or resistance. Here support was, well, there's three levels of support on this screen. You would be take a look at or resistance. Stevie's green line or red line, the oscillator unchanged line, price was already below that level. One that roads momentum indicator topping pattern was in play out there. And then the second level, or there were really three levels, your task market profile. So the bottom of the box really being the support level that was 387175 out there. There was a close below that, that close below that suggested a move back to its breakout area around 3157 out here. Whether price gets all the way down there or not, I don't know. It's just important to understand that that is the real key breakout level, 3157 out there. So that's why the markets were already signaling a bit of a sell off. That took place at 630. That was before the eight o'clock news that we saw the spike to the downside out there. Whether that's going to last or not, I don't know. But what's really important here is as we shift really from the 30-minute time frame chart, what I'll do is I'll just simply pull up the daily time frame chart. Here on the daily time frame chart, you're also going to see that price is moving higher, doing it with less relative energy. You'll see the A to B equal CD pattern out here. So the roads momentum indicator signal is present on the daily time frame. Would you go ahead and sell here? And the answer is absolutely not. We just answered that question when we looked at the 30-minute time frame chart. We said we're never going to sell the exact top tick or buy the exact bottom tick. We're going to look for those patterns that identify tops and bottoms and wait for the market to communicate its message to us. And today that would be a bearish reversal candle. In the ES many without that price wants to continue to move higher. Let's see roads with TFNN. We'll be right back. 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TFNN.com educating investors. Call now toll free at 1-877-927-6648 internationally at 727-873-7618. Welcome back folks. Hey, the show here is 8.18 in the morning recording this early for the 1.18 in the afternoon replay out there. Let's take a look at the Great British Pound. Let's take a look at where it may be headed to right now as we take a look at it. We can see the prices above its daily and its weekly profile levels out there. A little bit of a pullback on the 60-minute timeframe chart. But let's go take a look at it. Try to get a feel for where it is going. Let's look at the intermediate term timeframe out here. Let's look at the weekly timeframe. And here's what we know. It's going to be interesting to see where the close is at day's end. There is a resistance level. That's at 1.336 out here. And we're trading at 1.338. So just a few pips above resistance. Now, if you see a close above that resistance level, and then a second close on a Sunday Monday out there, then there's an A to B equal CD pattern that is underway. Got to be a bit careful out here. Now, that A to B equal CD would take up in the 1.38, 1.41 area. Oh, you don't see it. That's my apology. You'll see it here shortly. So now we take a look. Here's the chart. So you can see now that you're looking at the resistance levels are those green horizontal lines. Those green horizontal lines are established by the TD Setup 9 count. If you're not familiar with that, that's where we would see an open or close. In this case here, these counts are being set by price moving lower. And we're looking for nine consecutive closes where each close is below the close of the bar four bars earlier out there. If you'd like to learn that pattern, sign up to Mastery Probability for at least 29 days because you've got a 30-day money-back guarantee and you'll see a workshop in the archive section that will teach you about this pattern. So it's great because they help us identify turning points in the market or they can do that. In fact, the Euro or the Great British Pound, we can see utilize the 9 count out here to identify a bottom on August 17. You saw a counter-trend rally up into the resistance level, that 133.6 area. You saw another bottom that formed out here on December 14. And again, price moving up into that resistance level. Now if price can close over that resistance, suggests on a weekly basis a further move higher, maybe even all the way back up to the highs out here on April the 20th. So that's what's going on. We take a look at the Great British Pound right now. Just recognize that it's up at a key resistance area, 1.336 out there. Let's go out and speak with Brent in Martinez, California who is up very early. Brent, thanks so much for joining us this early. What time do you go to bed to get up at 5? He's around 9 o'clock, sometimes 10 o'clock. I just don't require as much sleep as I used to. Yes, yes. That's good. For me, my struggle is I have always been a person who doesn't need an alarm clock really for the most part. I wake with the I'm a sun person. I wake when the sun is rising. And man, when it's setting out there, I start to get dreary and droopy. So you better get me out early overnight if you want me to not fall asleep. But 7.30, 8 o'clock in bed, no problem because I like to get up early as well. The early bird catches the worm so to speak out there. And speaking of worms, not that it's a worm out there, but S-L-C-A. So tell us what you're doing. This is silica holdings and how it can help you. I'm long this. I got in not on the first low, but that secondary test of the low. Yes. I'm in at about, oh, it's like mid-force is the one I'm in at. And so I just want to get your thoughts on it and making some progress here and what levels of potential resistance and such. Yeah, I might have to contend with. Well, you're there now. You're basically there now. And by there now, we're just brand taking a look at the daily and the weekly timeframe charts with the TAS market profiles and the level of resistance is 576. I'm sorry, 584. 584 is the top of the daily profile. Yesterday's high was 583. Funny how that works, right? Price gets up, sees resistance and says, okay, I'm going to take a break here. Now hopefully overnight it was silica holdings was recharging its batteries to take out that level of resistance. You've also got resistance at six bucks. So even if you cleared 584, $6 is the top of the weekly profile. So it's at its resistance areas out there. There's nothing to suggest that this is the time to sell other than this is at a resistance area and you could see some type of retracement. When I say no types of patterns out here, we can see a TD nine count bottom that form back on November 23rd. We can see that yesterday was bar number five. So we don't have any type of nine count pattern that's confirmed at this stage here to the upside, just simply that price is at a resistance. So does that help you out? That does, yeah, big time. That's what I was looking for. I guess if I can make that, make it to those levels, that would be a positive for me. I'm going to hang with it and it's good to know where you're at with the counts and everything. It just gives me some idea where to be looking for, again, some resistance and maybe some potential for the thing to slow down here. But it seems to be back in, okay, I'll just keep an eye on it. Yeah, so the average daily range on this over the last 10 trading sessions has been about 32 cents. Out here, you're inside a bullish structured profile. So any type of pullback should find support in the 512 to 476 area. For those folks that would like to get in on this, if you did see a pullback into that range, that would be your buy entry point unless there was some type of major volume coming to the downside. So good support at 479, 476, but also great resistance at 584 to 6 bucks out there. So Brent, thanks so much for getting up early, calling in early. Is there anything else that as long as you're, you've got the early bird special. So that could be the Bogo buy one, get one for free. Is there anything else you need me to look at? How do you take a look? I guess at Baidu, I got into that the other day about 115. So just, yeah, I guess you've had a minute to take a look at that. Absolutely. Yeah, absolutely. Hey, if you're taking the time to get up this early and call in. So in the case of Baidu, just doing the same kind of review right now, just taking a look at its daily, weekly and monthly timeframe chart. You're inside the daily box. It got inside there yesterday. So that was a positive thing for you. Prices above the weekly profile, actually the weekly profile is very bullish from the standpoint that it formed, its profile formed last week and the profile was below price. And typically the meaning there, that's a bullish indication. Now, the issue that Baidu has is clearing the resistance level established by the top of its monthly profile. And that's 121.24. Price has already been up to 121.44. So it's tested it and it's rejected it just slightly out there. So your resistance is in the 121 to 124 area. 124 takes us over to the daily profile. And that's bearish in structure. And so that's going to be your significant resistance level out there. If I look at the other charts out here, my white background chart, see if there's any kind of signals. There's not anything that I have on a daily timeframe. I'm looking at the weekly and the monthly on a different screen. I don't see anything there. So resistance Brent, 122, 124. And those are the daily levels. And on the monthly it's 121.25. All right, thank you so much. Jesus, have a great day and enjoy your weekend. You bet. You do the same. You bet. That was Brent in Martinez, California. Right now, Dow equity futures up 76 points, S&P up 7, Nasdaq up 24 out there. I want to hear from you. And we get back to this break. Well, we're going to go take a look at something that Mark wants to look at. Mark wants to take a look at the IBB. So we get back from this break. We'll look at the IBB for Mark. Steve Rhodes from TFNN. We'll be right back. Since 1984, Basil Chapman has been using the Chapman Wave methodology to advise traders of his expert market opinion. 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We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. 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. So thanks so much for joining us. We're actually doing the show here live this morning. It's 8.30 in the morning trying to make this as pertinent as we can for the afternoon show if you are listening live right now. All the equity futures are trading to the upside. The spot volatility index is down 87 cents straight out of 1307. It's trying to move to lower price. But let's first go take a look at the IBB. We had a question here from Mark S. And Mark says, can you take a look at the IBB and XBI and tell me the prices that both of these indexes might be targeting? Well, you're really right there right now. We take a look at this chart here, Mark. And what we're using is taking a look at the longer term, the monthly timeframe chart for the IBB. And what you'll see out here, that's a very right-hand panel. 12070 is the top of that profile so far this month. We've seen a high of 121.16 and prices trading below that level, below the 12070 area. So what you'd like to see ultimately by the end of the month is a close above that area. But that's resistance. So when you see resistance on a longer term chart like a monthly, you go back and say, well, what's going on on the shorter term timeframe charts? Now, yesterday, you did have the IBB close above the top of its barestructured profile. So that is nice. But there is a little bit of a potential hiccup that is going on. As we take a look at the IBB, what we'll also see is that little sideways move out here, also generated a roads momentum indicator topping pattern. That was the bearish and golfing candle. I confirmed that pattern on December the 10th out there. And so price really would need to close above that candle session. That high is 121.16. So that's really the number. 121.24 is another number out there. But a close above 121.16 would negate the pattern at the present time. There might be a new one that would form, but would negate it and suggest that price could move higher. But right now, the daily chart here is confirming what we see on the monthly timeframe, which is your upper resistance. Doesn't mean that it can't clear it. But you asked for it. And if you're asking me what the target is, well, that is the target right now. You're sitting here right at the target level. Now, there's no change in trend on that Rosemont Dominicator signal, unless we were to see the IBB close below 117.13. So that's really your benchmark out there. Mark, you're up at resistance. And so, you know, make the decision that it works best for you. And that was taken at a monthly and a daily timeframe. Now, the other somebody you want to look at is XBI. So let's get that rolling out here. And in the case of XBI, a different setup. XBI is the S&P Biotech ETF. The IBB was the NASDAQ. And here, if we're taking a look at resistance level, we can see that on a monthly basis, it is not, it's approaching the top of its monthly profile, which is 101.17. You closed yesterday at 94.82. So that looks like it has higher to go. The daily bars are above the top of their profile out there. But let's go see if it's, in essence, doing the same thing on the daily, the monthly we know that the monthly, and by the way, the weekly basis, price above resistance at top of its box as well. However, this is going to be week eight of a TD setup. We'll take a look at that in a moment here. In the case of the XBI, you can see that this too has been, price was moving higher due to less relative energy. But that didn't confirm until December the 12th when that bear sash candle formed out here. Again, topping signal, but no key levels of support or the first key level of support was Stevie's Green Line. That's 95.35. Price is below that. Now you've got the top of the box. That's 94.12. That's an area of support. Then you've got the bullish structured box, which is 90.93 to 91.73. It would only be a close below 90.93. That would then suggest price could make its way all the way back to where it broke out in the $83 and change area. So the daily, similar to the IBB, showing you words of caution. The weekly and the monthly, well, the monthly in this case here, saying it has more room to run to the upside. The weekly, and I didn't show the IBB weekly chart. It did not have the same pattern. I don't believe that it did. But here what we can see is your price target on XBI is 97.60. It looks like this is going to be week, bar number eight on the weekly chart of a TD9 count. Bar number eight can be the high of that pattern out there. So, but you need to wait until you get to weeks nine. That's next week or week 10. So you really would know till two weeks from now, whether this has, or at least till next week, the end of next week, whether this has formed any kind of a top. But here's what we have 97.60 is your next resistance level. That's on the weekly timeframe. So Mark S in Denver, Colorado, also another early bird. I love it. I love it. I have been an early bird my entire life. Now, it probably wasn't that way from birth, but I did have two paper routes when I lived in Detroit as a kid. Yes, a kid. I was 11, 12, 13, 14. I believe when I had those paper routes, the Detroit news and the joint free press, I delivered them both. That meant before school, I was upright my Schwinn. I had one of those big Schwinn's with the big monkey bars, you know, and would be, I believe I had to be at the paper depot area to collect my papers by about five in the morning. And that was rain, shine, snow, sleet. It didn't matter. The afternoon paper was much easier to deal with. That was the Detroit news. I used to get out of school early. You know, we used to have those, what they call them, those break periods. What are they? I don't remember what they called those break periods, but we just ranged with the school to put my break period at the end. They let me out early so I could hop on my Schwinn, go pick up those papers and deliver them in any event. You don't want to hear about those stories out there. And I don't even know how we got to that story, which is so easy for Stevie to get off track. Well, we're going to get back on track here. Hector, the fuel injector recess. Thank you, Marshall. Funny. So I can't, I don't remember. We all need a recess out here. Let's have a Friday recess in any event. Hector, the fuel injector, wants us to get back on track here. He wants us to do that by taking a look at ticker symbol, N-B-E-V out here. N-B-E-V. Let's see what Hector is looking for. N-B-E-V. And I guess that was just the get in the early part. So is N-B-V showing any type of short-term bottom? I'd like to, I'd like to bottom fish on this. Let's take a look at the N-B-E-V out here. Closed yesterday at $1.92. It is below the daily profile. It's below the weekly profile. And it has found support, perhaps, at the bottom of its monthly profile. So right now from a profile standpoint, Hector, who's in, also is in California. Gosh, you have to love these folks out here. Lodi, California. So I don't know where Lodi, California, is. I'll have to look it up on my map system. I'm not familiar with Lodi, and I'd like to be familiar with Lodi, California. L-O-D-I, California. Hey, they say Lodi wine. So where's Lodi up in the wine country? Let's see here. Oh, by Woodbridge area. All right. Is that, let me pull this back. Okay. Yeah. So you're east of San Francisco out there. But let's take a look at N-B-E-V. So if you're looking for support out here, you're looking to bottom fish, and we'll go take a look at my other charts out here. But you're certainly at support on a weekly timeframe. A $1.74. If we pull over the daily timeframe here before we go to this hard break, was there a rogement to mitigate a signal? The answer is yes. But no bullish reversal candle yet on a weekly timeframe. That always has me cautious out here. Always has me cautious. But look, here's the deal. If you want a bottom fish, go ahead, make sure you've got a close. If this close below a $1.74, that's not a good scene for you. But if it's me, Hector, I'd be patient and wait. I'd be patient and wait out there. Steve Rowe, there's no sign of strength off the bottom here. As I take a look at the daily timeframe, but just be patient. 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Distributor, Four Side Fund Services, LLC. 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 for the latest market information. Welcome back, folks. Two questions in the queue here. The first one coming in from John in the Tiger's Den asking the question as I scan the markets do I see anything that indicates a sizable rally or decline over the next 30 days out here? So the interesting thing, John, about yesterday's move higher, even this morning in the futures contract, is the following. And you're looking at a set of data table here that was included in last evening's end of day reports that I send out or try to send out to subscribers each afternoon. And what we take a look at, and here you're looking at the equity futures contracts, the mostly every indices up in the top in the S&P 500 sectors. And the pink colors indicate a signal change as of yesterday or over the last three days, I really should say. And what you're going to see in the, so, you know, we looked at the ES mini, the 30-minute timeframe chart we began the show which showed the road momentum indicator top out here. Here we have them on nearly every industry, not every industry, but nearly every industry. The semiconductor doesn't have it. The transports don't. The transports made a seventh wave move top out there. That has been, that has capped price at this stage of the game. So here, basically, except for the semiconductor index, and we'd have to go out and take a look at it to see if it shows any kind of a top signal. We've got these topping patterns. So John, this is just simply a warning shot at this stage here. If we were to, for example, if we were to get a reversal in, or really not just a reversal in price, but a bearish reversal candle in any of these, or each of these, boy, they would be signaling over the course of the next 30 to 60 days, a potential move lower. But in lieu of that bearish reversal candle, then price should continue to move higher. So the question is move higher to where? So there are signals out there, but the signals need to be confirmed. So move higher to where over the next 30 days? Jay had asked a great question, which was, are there any new profiles? Here, for example, Jay, are the ESMini. Because we have the contract rollover, of course, we're using Stevie's synthetic contract. That way you and I, each of us, we can use the daily, weekly, monthly, quarterly timeframe. But what we're going to see is that price is above all of those profile levels out there. And with price being above all of those profile levels, then it's, then where's resistance, right? You can find resistance by generating A to B equal CD patterns, maybe to get that resistance. But that's really, that's a price projection tool, more than helping us to identify resistance. So make sure we just erase what I said just at the very opening. A to B equals CD tool, nothing more than the, than a price projection tool out there sponsored by Progressive, the insurance company. We should get the, we should get them to sponsor the A to B pricing tool out there. But what we do want to know is, is there any resistance, right? Because they answered John's question in the den. Where would be resistance? Where would a rally take us to? In lieu, even though we have topping signals, but they're only signals, nothing's been confirmed. Where would price head to? Well, John, we would just simply go to our horizontal trading ranges, right? I mean, you use some other things, right? You use your Wheeler 57s, I believe. So you start doing, in any event, let's just take a look at where the ES mini has a, in essence, a price target right now. And on this chart, you can see daily, weekly, monthly horizontal trading ranges. Sometimes they both line up in the same area out here. But each of them, each of these time frames are just used in the opens and or closes of the candle. We don't use the extreme emotions, the wick or the shadow, upper or lower shadow out here. Price is above resistance here too. That was around the 3134 level. This looks like price is headed in the ES mini to 3214 to 3233. And doesn't mean that price will stop there. That's just simply the next resistance area and above that, 3333 out there. That's in the ES mini. So if there's no bearish reversal candle that forms out here, then the answer is price moves higher. How much higher? Well, you've got 3214. Right now you're trading at 3180. If we take a look at the NQ out here, our price is right up in resistance. So it's dealing with resistance right now. It's a daily and the weekly horizontal trading range area. 8565 is the daily. If price is able to close above that today, I would pretty much indicate it's headed up to price that is around the 89 area. Could be 8936. That's its daily level. You can see a weekly and a monthly horizontal trading range right behind that. And if we take a look at the Dow equity futures contract, you're going to see that it's dealing with resistance. So the Dow is the weakest of the group right now. In my opinion, it's not worth the whole heck of a lot. But right now what you've got inside the Dow resistance is 28338. That's the only futures contract. Now I can't do the same thing with Russell 2000. It hasn't because I changed the ticker symbols daily signal, didn't go get all the historical data to combine it to create one symbol so that I could do historical analysis out here using the same horizontal trading range. We could use the cash in to see look, let's just stay with these three at the moment. And the Dow is at the 28338 level that it needs to bust above. John, if it can bust above that area, then you're looking at 29022. Whether that's any type of that's what you're looking for as far as I think you're looking for any type of sizable. Is that sizable out there? I don't know. But markets are interesting. I think what really transpires here over the next several days, let's just take a look at the spot volatility, because it's a great gauge, a great tool to help us identify where prices headed to or where certainly it's headed to. And right now what we're going to see is yesterday we saw a close below the 50-day exponential moving average. That's the blue in a very lower left-hand panel of my screen. That's the blue line out there, 1409. What price is likely doing for the spot volatility? It's trading at 1296 right now. It's headed to the lower Bollinger Band is at 1206. If you try putting the spot volatility next and you've got a Bollinger Band tool in your arsenal out there, you're going to end up likely with different Bollinger Bands because the normal reading is 20 with a 2 standard deviation. I changed this to 50 and 1. And it just seems to work well with regard to understanding what the spot volatility index is intent is doing. And if you trade those high volatility models, this is certainly one thing you'd want to be taking a look at. So in this case here it looks like the spot volatility index is targeting 1206, trading at 1296 right now. That should continue to push price higher out there. If we look at what's going on inside the New York Stock Exchange, we can see it's advanced decline oscillator. That's the difference between, that's the exponential difference, that's the difference between the advanced decline data using its 39 and 19-day exponential moving average. I know I could get it out there, but I thought about it. It's early 8.49 in the morning if you're listening live, but this data is really important to you, the New York Stock Exchange, the advanced decline oscillator above zero, likely targeting the plus 150 area. Maybe it's at that plus 150 area that we see some kind of a additional topping signal out there. But that's what's going on in the markets. Those are the price targets out there. Now, we had Ruby who wants to go Coco for Coco buffs. If we go take a look at Coco out here, here's what we know Ruby prices come back into the weekly profile level out there and prices testing the bottom of its daily profile. Now, you'll see that's a panel number two from your right out here. Ruby, we can see is that today's session, the bar on it is orange. This is a suggestion that a new profile is attempting to form a daily perspective in Coco. Price right now is holding the bottom of its bullish structured daily profile. That's 2543. If price does close below that, that could be bearish out there, could definitely be bearish, and there could be an A to B will CD to the downside. Steve Rhodes with TFNN will be right back. We'll finish off going Coco or Coco for Coco buffs. We get right back. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trait that we tigers and tigers share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastery Probability and for the last 12 months, Timer Digest has been working for the S&P 500 for the last 12, 6 and 3 months. Timer Digest also ranks me as the number one market timer for gold as well. The fact is, markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the best at what I do. 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Visit our newsletters page by going to TFNN.com and click the newsletters button near the top of the page. TFNN.com Educating investors You know what's cool? Taking something that's good for you. Something specifically formulated to help with weight loss, better sleep, stress reduction and the need to detox. Nicar, hunter and gatherer ancestors found all their nutritional requirements for health in their wild environment. But today our food sources no longer contain the vitamins, minerals and nutrients our bodies need to stay healthy and strong. That's why we need primal edge daily nutrition. It includes a special blend of ionic, oil-based vitamins, minerals, baddie and amino acids in an easy to use liquid form. Primal edge is powered by highly concentrated folic and humic acids. Nature's preferred delivery system. They've been called miracle molecules because like sunlight air and water, life cannot exist without them. That's right Paige, they ensure we receive all the nutrition we need to be healthy and thrive. We take it every morning. Primal edge formulated and approved by Niko and Paige of living a primal lifestyle. Buy it today for just $89. Click on the primal edge banner on 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 for the latest market information. Welcome back folks. So to finish off Coco, we're taking a look at the March 2020 contract out here. This form, the roge momentum indicator top, we had price movement higher doing less relative energy and you got that bearish reversal candle on November 18th that set up the top price moving lower. And there may be an A to B equal CD pattern that really is underway here. Price were to close below the bottom of that profile today. That would suggest that there may be a Gertleys buy pattern that is eventually setting up with that A to B equal CD to the downside out there. So Ruby, I hope that helps you. Let's get those in here before the end of the show, before the end of the weekend. One of those was to take a look at natural gas out here and this is coming in from Joe and Joe is looking for some type of short term pattern out here. Like natural gas is trading below its daily and its weekly profiles out there and there is an A to B equal CD pattern that is in play out here but what's lacking is a bullish reversal candle out here. Instead what's transpired let me get rid of the A to B equal CD pattern here. You see when Stevie's red line or green line turns colors out there it tells us that we're going to see a meet up between price and Stevie's red line and sometimes it happens right to the D sometimes it's close and today is close and today's signal out here Joe is not a good sign for natural gas. Now if price could clear Stevie's red line that would be $2 $35 that would be a different story but right now it hasn't and as long as price is below that out here I say you've got to be careful with regard to natural gas. The last one that we're going to take a look at out here to finish this off for Alex that is to take a look at Alibaba. So as we take a look at Alibaba here's what we know right now price above the daily profile, the weekly profile the monthly profile everything looks good although Alibaba similar to our equity markets price is moving higher and it's relative energy if there were to be a bearish reversal candle load form Alex just like in a cocoa it could suggest a top from a weekly standpoint Alibaba is in week number eight at its high of a TD set of nine count always something to be careful of. Folks thanks so much for being here stay tuned Larry Pesavento is up next or David White and then Tom O'Brien have a fantastic weekend I look forward to seeing you on Magnificent and Marvelous Monday take care and thanks for being here