 The following is a presentation of TFNN The Traders Edge with Steve Rhodes at 1-877-927-6648 or internationally at 727-873-7618 The Traders Edge. Now Steve Rhodes. Good morning folks. Welcome to the January 22nd, the magnificent Monday edition of today's Traders Edge show. I'm your host, Steve, Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. Let's make sure we have an extraordinary one. Now the easiest way to do that is to always remember that life is happening for us, not to us. That's right. When you and I make that one little two by four shift, it means we can find the gift. In every set of circumstance, that life is going to toss at us. Now today we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning. I want you to know I'm absolutely grateful for your presence here, but even more important than that. And that's this during this next 53 minutes. I am here to serve you. So feel free to pick up that phone. 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 send me an email. Send that off to Steve at TF9.com and inside the subject heading, please put radio show question. Of course, if you're inside the Tiger's Devil, then any in every ping will do. So let's go ahead and get this show started on Magnificent Marvelous Monday. Of course, this is Tiger. Financial news network. I'm Steve Rhodes. Welcome to the show. Right now we've got a slightly mixed bag out there. That mix is really just coming from the Summizer off 12 points. We'll certainly take a look at those. See what's up there. You've got the Dow 146, the S&P's up 11, the NASDAQ 19, the Russell's up 28. The trend is up 246. You've got the gold trading down 5 bucks in change. Silver's off 43 cents in change. Light's recruited up a buck 28. Natural gas is off 12 cents. And a 30-year treasury. Printed out $1, 2023, that's up 23 ticks. Now the dollar, leading the charge dollar-wise to the upside, it's Mercado Libre up 1.6%. About 28 bucks, 15 bucks for Mon Gob, nearly 4%. Synopsis, 14 bucks, nearly 3%. Monday.com, having a good Monday, it's up nearly 6%. Nearly 12 bucks. Asthma Holdings, 10.50%. A 10.6% move. To the downside, it's booking Holdings up 102, nearly 3%. Archer Daniels Midland down 14 bucks, 20%. MicroStrategy off 10%, 2%. Ferrari's down 9%. That's a 2- and 6-10% move. And Advanced Microsoft, about 9 bucks. That's a 5% move to the downside as well. So where do we want to begin? Let's begin by taking, like, what's going on around the globe out here? How's the US market doing compared to the other markets? Well, we know where a new all-time high with regard to the Dow, with regard to the S&P, with regard to the Nasdaq 100. That's what's across the top out here. So I know conditions inside the US are pretty gosh darn bullish. How about over in Shanghai? No, in fact, a price close below the bottom of a hammer candle. That says it wants lower price out here. Now, the Nikkei is rallying nicely, but nowhere near it's all-time high, which is back in, you know, 1990. But still it looks pretty good, compared certainly to the Shanghai. We take a look at the Hang Seng. That's got no bottom signal here. Looks like it's trading lower. There's no capital. There's no global capital flowing into the Hang Seng. There's no global capital flowing into Shanghai, perhaps into the Nikkei. We take a look at the FTSE here. Nowhere near it's all-time high, nor is the Australian S&P 200, nor is the DAX. This is the point. The rally is going on here in the US, but it's not really just in the US, is it? It's the US indices. It's the US stocks. It's the large cap stocks out there. If you take a look at equity futures, here's the ES, the NQ, and the DAO. ES along the top row. NQ along the middle row. DAO across the bottom row. New all-time highs in terms of the ES many, in terms of euros, in terms of yen, in terms of pounds. That's all unfolding today. If we take a look at the NQ, the same thing out here. New all-time highs today in terms of all four major currencies. The US dollar, the euro, the pound, the yen out there. The only thing that is not a new to all-time high right now is the DAO priced in British pounds. New all-time high in terms of euros and in terms of yen out there. This point, the point that we should understand until across the globe we start to see sellers out there. This is the reason why the markets are rising because capital is flowing into the US. You and I are looking at it on this screen out there. If we take a look at the DAO itself priced in major currencies. Here we can add the sweetest corona. That's in a new all-time high as we speak. In Australian dollars, we're in a new all-time high. So the DAO Equity Future Contract did not make a new all-time high, but I can see that since I last updated this, the great British pound has. So again, this is a global rally in the US. It is not a global rally across the world. This is a global rally in the US. And if in fact capital is concentrating here, which it is, we're going to see these markets move way higher than any of us think. That doesn't mean I'm saying they're going to continue to move higher nonstop. We know the dance steps out there. You know, two steps forward, two, three steps forward, one, two steps back, and so forth. We know how to dance out here. Here's the, this is the DAO priced in all those major currencies, which is really where they're concentrating because they want large cap liquidity out there. You can certainly get in some of the Nasdaq stocks, you can get in some of the S&P stocks, but not like the entire index out here. But if you ask about the S&P 500, we're a new all-time high, dollars, euros, yen, pounds, Aussie dollars, Swedish Krona, pretty darn powerful move that we see going on out there. So that's perhaps the most important thing is to understand the bigger picture and what's going on across the globe out there. Again, as much as there are problems here, there's problems everywhere. If you're inside the Euro right now, you're sitting here trying to figure out how do you survive? Even though we've seen a bit of a rally out there, you can't be feeling that comfortable. Maybe you're feeling comfortable if you're over in Europe and my apology, but really, I think you've got a weak currency and the index is somewhat weak over in Europe as well. That's why they're all flooding or moving over here to the dollar. It's not the only reason, but it's certainly one of the reasons they're moving over to the dollar. There's boots on the ground, wars out there. Go back and study wars. Wars always lead to inflation, usually higher interest rates. I know everybody's talking about interest rates going lower, but not until the war cools down. Now, we don't have boots on the ground as we speak here in the United States, so that's another reason why capital is flowing here. So let's take a quick peek. Let's go run over. That's a bigger overview of what's going on. Now, we've got the smaller stuff to take a look at. The noise would in essence be the daily timeframe charts out here. So let's go take a look at what's going on in the EES mini. Actually, these are all for future contracts right now. The weekly charts are really important out there. But if we take a look at the weekly, the EES mini negated its TD-9 count top last week. Of course, that TD-9 count top, what does price do? Pulls back, tests that green oscillator and change line. We know that's a bullish condition on a weekly basis. The EES mini is in a breakout bullish mode. The same thing with regard to the NQ. The Dow, maybe by the end of the week, is still just it had been consolidating outside its profiles out there. And the Russell 2000 is now trading above the top of its weekly profile. So that is a bullish outcome for it. The only real issue here for the Russell 2000 I see is that price has also found resistance at the top of its profile on its green oscillator and change line. So if the Russell's going to rally, it's had a nice rally right up into resistance out there, you need to see it close above $19,570. If you're to get that today, it's going to join along the U.S. equity futures and not that it hasn't been rallying, but really joined the rally. Because when you close above the top of a profile and a green oscillator and change line, you get to breakout bullish mode. Folks, stay tuned. We'll be back in just a few. Of course, you can give us call 877-927-6648 or send me an email. Send that off early. Steve at TFN.com. We'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities & Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities & Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFN.com. TFN, educating investors. 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. 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There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Toll-free at 1-877-927-6648. Internationally at 727-873-7618. I hope everybody had a great weekend out there. Boy, there was great golf, great tennis, great football. Tonight there's going to be some great tennis as well. Our local Cocoa Golf is playing. I'm not sure what time. I would think it's after 9 o'clock this evening out there. But anyway, let's do this here. We had a number of requests that came on Friday that I was unable to get to, and I did get back to each person, let them know that I would cover their request this morning. So I'm going to go ahead and start that. Then we'll come back. We'll circle back around to the indices, what's going on, the play-by-plays. We take a look at some of the intraday equity future charts out here. So let's start with Blackstone. This request that came in from Nicholas. His question on Friday was, is it a buy? And I can answer it as of today. The answer is no. Now, the reason I say the answer is no is because prices rallied right up into its sell zone. So the sell zone here for Blackstone, Nicholas, is between the levels of 121.32, 121.12, the high today so far, 121.22. If price were to close above 122.22 out there, a lot of twos, that still is not necessarily a buy signal. In order to really give this thing a buy signal, we need to see it close above its green, oscillator and change line. And for the daily timeframe, that's at 123.19. Now, what we don't see out here is any kind of a bottom, whoa, whoa, whoa, whoa, Stevie, hold on a second. There's a daily TD9 count bottom. I looked too quickly. Looked like it. I thought that maybe it had been negated. So this has a TD9 count bottom. Okay. So I would have answered your question on Friday with yes, it's a buy. Maybe I did. I don't recall. Oh, I did. I think in an email. But I said, we'll cover this. I think I might have suggested a little bit of caution here, but I can't completely recall. But I would have said on Friday it's a buy because of that TD9 count. The reason I'm saying it's not today is because you've already traded up in resistance. If this is only a counter trend move, and I don't know if it is, but if it is only a counter trend move, this where price would stop. It'd be really between the 121, 121.32 and the 123.19 level. On a weekly basis out here, we have prices running into a potential resistance as well. That's its weekly oscillator and change on it. Again, another reason just for you to be cautious here. The monthly chart looks okay, but it's really the daily that needs to resolve itself. And I don't have a great, I don't have a really clear signal as to which way it will do that. Now we do see a series of higher lows out there. And as long as that remains in place, that looks pretty good. Now I would think because we're up at resistance and because in the case of Blackstone, it's had what appears to be a three consecutive day rally, that we could easily see a one to two day pullback in it. So that's what we're looking at, Nicholas. You've got this trading right up into resistance. No idea how it's going to resolve itself there. But those are the areas for you to be watching. Let's go to our second request and that came in from Eddie. Eddie was really more concerned or questions had really about these next two instruments about the weekly timeframe, A to B equals CD pattern. So I'll switch over and we'll take a look at that. But before I do that, Eddie, Nvidia, which is the one of the ones that you requested or had requested that we discussed out here, is going to go ahead and complete a TD9 count top today. It's been on one heck of a move. The weekly chart is not showing any signs of weakness nor is the monthly chart. In fact, they're showing signs of strength out there. But the daily chart, you'll want to watch tomorrow's activity for sure. So I don't know what the end of day high is going to be at the present time. The high inside of Nvidia is 60331. Let's assume that's the high. We'll just pretend that that's the high. The price closes above that high tomorrow. This TD9 count gets negated and tells you about a strong upward move to the upside. You also wanted to take a look at NTNX, which I'm going to just pop up on the screen before I change screens out here. And we'll see that in the case of NTNX out here, that this is also going to complete a TD9 count top today. So this is suggesting that it should pull back. Now its retracement should pull back to its oscillator and change line, 5247, about a $3 or so move to the downside. No idea how long you've been in this or what have you. The weekly chart looks very good. Why? Because it's negated a TD9 count top out there. The monthly chart is not showing any signs of weakness out here. So it's just the daily. So both for Nvidia and NTNX, which is Nutanix, you want to really pay attention to those. So now let's switch over to the black background screens because I can draw in an accurate A to B equal CD pattern. And that's what Andy had asked about. And he's really focused on the weekly time frame. So I'm just simply going to open up that screen and we take a look at A to B equal CD patterns out here. I only see one that exists. And that's this one out here. For the A point, it looks like I would use, let's see, what's that low is? 1351, this is 1344. So it's going to be the low. This is a weekly time frame that we're looking at. The week that began June 13th, that's our A point. So let's get that pushed in there. Our B point, very easy to find and identify. That's going to be the high from December the 12th. And then our C point was a retracement down into low that formed in April, April 24th of 2023. You can see that Nutanix is up at the 1 to 1.618 A to B equal CD pattern out there. If we take a look at the expansion of its last set of swing points, kind of curious to do that. That's really going to be from the high on a weekly basis of September 6th of 2021, down to that low that identified that A point for the A to B equal CD. So the one point, we're trading above the 1.272 out there. That's the expansion. If price can overcome 50, 618, that's 1.618, A to B equal CD expansion. You should see a price move up to the 63, 84 inch level. Now in Tom's book, you start to get that 1 to 1.618, A to B equal CD, you really start to anticipate a top. Now in this case here, for the weekly basis you would need a bearish reversal candle to confirm that signal. So on the daily time frame, you got that TD 9 count that's going to complete today. Again, watch today's high. Watch whatever today's high is. Watch that tomorrow and the next day. It closed above it. Today's high so far, 55, 78. Wouldn't negate that signal and suggest a further rally. Let's go take a look at it was Blackstone. BX is the ticker symbol. Let's pull that up. Again, let's focus on the weekly time frame out here. Give any the A to B equal CD patterns. The one that I see that is the most likely on a weekly basis out here, the A point is going to start down at the low from the week that began December 26th of 2022. The B point is going to be September 18th of 2023 and a retracement down into October 23rd. You can see that price hit the 1 to 1 level. Notice how price is along the left side of that C to D leg. It's on the inside. That tells us about a super strong move when we take a look at Blackstone out there. Now we can see that price is pulled back, but has it done more than pulled back? Well, the answer to that question wasn't BX. Ah, shoot, it's NVIDIA. Stevie, wake the heck up, would you? Sorry about that. Let's go to NVIDIA. Oh, good, luckily Stevie's got the A to B equal CD pattern drawn in here. Or do why? Because if you take a look at this, this is the only logical weekly A to B equal CD pattern that we've got to the upside. And you can see that its retracement is only a 28% retracement. You know we like to get a 0.382 retracement or more out there. Well, it still somewhat qualifies, I suppose, as an A to B equal CD pattern. If you take a look at its B point, B point at 431 million shares was passed with only $289 and then last week, $195. So even on the weekly time frame, as strong as NVIDIA has been, but when it comes to the A to B equal CD pattern, it hasn't taken out a swing point. But the only one that I could find for you, Eddie, is this one here, and that's what it gives you a price projection up to $786 out there. I think that's what you might have come up with as well. Just be on the lookout. You've got that TD9 account on the daily time frame. So hope that helps you out. Nicholas with BX, Eddie with NVIDIA, and Nutanix out there. McGuppy had a request. Take a look at LAC. So let's get that up on our screen out here. For that, we're going to switch over to the white background screen. See, I caught myself. So we get back to this breakout there. We'll see LAC. That's from McGuppy inside the Tigers. And of course, I'd love to hear from you as well. 877-927-6648 or Steve at TFNM.com. We'll be right back. 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. 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 equities with specific buy-sell recommendations. The gold report. New subscribers get a 30-day money back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNM.com or on TFNM's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. Eastern for free. Each host 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. Subscribe to our YouTube channel and become the investor you were born to be, TFNM, Educating Investors. TFNM has just launched their new trading room, the Tiger Zen, hosted at Discord. TFNM 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 the reach with the Tiger Zen, available to all Tigers and Tigresses here. There's no catch or added costs when you join our community of traders. In the Tiger Zen, you can look over the shoulders of Tom O'Brien and the other TFNM 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 Zen 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 TFNM.com. This is for McGuppy inside the Tiger Zen. He's looking for a long-term buy point. Well, McGuppy, your hair on the back of your neck must be standing up. Why? Because this month is going to confirm a TD9 count bottom. That pattern will complete next month. That says the bottom could come in anytime between now and the end of next month. When we look at the weekly chart, a TD9 count bottom is going to go ahead and confirm this week. That is unless we have some kind of extraordinary rally. When I mean extraordinary rally, this is $450. This is trading at $450 right now. Not a likely outcome. You're going to get a confirmed TD9 count bottom in the weekly. Again, that will complete next week. The daily timeframe has got nothing to assist us, but that's the key. You're looking for some type of turn on the daily timeframe chart to then signal that perhaps the weekly TD9 count and the monthly TD9 count is in place out here. You may have to take a couple of stabs at this. I don't know at this stage here, but I'm going to take a look at the weekly. You'd love to see some type of bottom pattern. Today is going to become bar number six. It looks like it could. Maybe this will form some type of TD9 count bottom between what is it today would be bar number 607, eight. We'd be talking Wednesday through Friday of this week out there. Continue to pay close attention to it. I would say the minimum. When I just look at that daily timeframe chart, I don't see the highs of a prior candle, a close above the high of a prior candle since good takes all the way back to December 26th out there. So that could be something for you to take a peek at out there that at least be some type of signal of at least a potential change in trends. That's what I see. We take a look at Lithia, Lithium, America's Corp out there. Thanks so much for waiting the weekend there. McGuppy, we had a request from David in Panama City. David's got the calls for into it. He's got the calls that expire coming in a week, January 26th out there. So let's try to assist him and he's asking the question if Price is able to take out the swing point that's a December 28th swing point that has volume of only about 680,000 shares so far today and into it you have done 186,000. So 200, about 600. It's a similar type of actually looks to me like light volume, David. So you've probably identified that at this stage here. Now what price needs to close above to take out that high is 630107 where it's 639 631 right now. Give me such one to make sure I don't have any kind of delay. All the delays should be fixed. Yeah, 630102 is what I've got on my other screen, 630103 here. So we're good. I know this one's so perfect. So first price got to take out that swing point. If you look at the weekly timeframe chart here what we can see David is priced right up at resistance as well. That's a top of its weekly profile. So 630107 is the top of the profile. That's a swing point that price is trying to take out there, albeit on lighter volume right now. The monthly chart for into it shows that a TD9 count is likely to form between January and March. I know that's a big, you know, timeframe out there. Look, we are what took place today as price spiked above that high, hasn't taken it out. So it looks like it's trading above it as we speak right now. What did on the weekly timeframe was it generated a trigger day wave number 7 bar out there? Of course, that needs a lower high. That means the earliest would be next Friday before that could confirm out there. So I believe your question is what's the upside potential out here? So the upside potential would have to be, I'd have to say it had to be the swing point on the monthly base from November of 2021. Now that swing point, the low which was already above 356, that had volume of 34 million shares. When we came into it, we closed inside that last month and we did it with 26 million shares closed inside a swing point that had 34 million shares. So again, light volume there. Nonetheless, you're inside that swing point. The upside price objective here before we go any further would be that 716 range out there. So in order to see that I would say that today, today, tomorrow, whenever you need to see a close above that high, 631.07 out there. Now, if you were to test it and close below 627.18 and do it with less than 680,000 shares, that would say, okay, get ready for a retracement either to 621 or 60391. We don't have those conditions right now. Everything looks good with regard to into it. If I look at a 30 minute timeframe chart for into it, we're not seeing it. I take that back. We've got a TD9 count top. Perfect. So this will help you answer this question just simply by watching the stock patterns out there. Now, we don't have anything bearish to report other than a TD9 count top in the daily timeframe. What I really mean by that is prices above profile, price above its green oscillator change line. So the 30 minute timeframe chart, although it has a top, it's really a neutral signal. It would not become neutral if there was a 30 minute close above 632.44. So if you get that, you're probably back off to the races up towards that monthly high out there. That's what I see David when I take a look at that. Hope that helps you out. If not right back, let me know what else you're looking at or what else I can provide to you happy to do that. Mimi wants to take a look at the USO. So in order to do that, we really need to take a light sweet crude. We'll do that. Light sweet crude turns out that USO as we speak right now Mimi 100% of it is inside the March contract for light sweet crude. That'll change over the coming days or week out here. But right now we can just look at the March contract. That's a beautiful thing. Now the March contract for light sweet crude is consolidated with inside its monthly profile. The same thing inside the weekly profile. The same thing inside the daily profile. You kind of get a hint out here, Mimi. Light sweet crude is doing nothing more than consolidating out there. So what does that mean? That means if you want to buy a consolidation, you're towards the bottom turns out the bottom of this consolidation is more likely in about the 6970 ish to 7037 area. That's the bottom of the weekly profile 7037. That is it writes now price is getting ready to target its cell zone. So the cell zone out there is between 7548 and 7752. That is the March contract for light sweet crude out there intraday wise. I see a five hour cheating account top that is in place as we speak right now. Nothing else of major significance that I see. So you are running into resistance out there. Now let's switch panels of my charts and go back to the last slide. And I have a couple of other things I want to talk about. So let's go back to the last slide. So I'm going to take a look at USO specifically since that's really what you asked for. So we'll get over to those here. Those are going to be on the left hand side. You've got that March contract. But here I've got the USO for the daily and the weekly timeframe on a weekly timeframe, your next resistance areas up at 7029. That is what we're going to talk about. So let's go back to the last slide. Mimi, those would be 6934. The price were below 6934. 6659. USO is trading above all profiles. So if I had just only looked at USO because we know of the directional correlation, we also know that the only instrument the side of USO well, not the only instrument. The only futures contract with regard to crude oil is the future's contract. I'm not asking you to trade the crude oil futures contract, but I'm asking for you to do that if you want to get a better understanding of what's going on and what action you should or shouldn't take out there. And not that like we crude can't take out the 7548 level to 7752. It most certainly can. But we can see Mimi price has gotten up there. It's tested at 28. It's rejected that area. There's no way I'd have you enter a long trade inside of USO right now knowing that we're trading at 7457, the likes we crude in 7548 is a resistance. We'll be right back. Currencies, commodities and bond markets are as important as ever 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 out every Monday using his 30 plus years of experience as a trading veteran of futures, forex stocks and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the Euro dollar, pound dollar, dollar Swiss, dollar yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30 year T bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant credit. Teddy's 60 minute Webinar Archive, he just hosted forex strategies and fundamentals. What is behind the Tiger Forex report? For all the details and to start your 30 day Tiger Forex report subscription today, visit the front page of TFNN.com TFNN 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. 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An investor should carefully consider a fund's investment objective, risks, charges, and expenses before investing. A fund's prospectus and summary prospectus contain this and other information about direction shares. To obtain a fund's prospectus and summary prospectus call 866-476-7523 or visit DirectionInvestments.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 principle. 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 title VGZ. This request out there, thank you each for providing me with requests. This makes this show, makes it easier for me to provide you with the information that you're looking for. So, XPEV, XPENG, ETF out here, this is a China something or other. It's got an A to B equal CD pattern to downside. That one-to-one price projection would get you to $8.34 out there. This thing negated a TD9 account bottom so it suggested it wants to head lower to the $8.34 or lower area. If you were to see a bullish reversal candle that would be your buy signal into this. Now do not use a gap as a buy signal as a bullish or a bearish because this is got a number of gaps out there and I'm assuming it's because of currency translation. The weekly chart has got a TD9 account bottom. It's going to go ahead and confirm this week and it'll complete next week. So that says you're near a low. Right now the monthly chart is sitting right at support. That's the bottom of its monthly chart profile out there. That's at $9.12. That's what I'll be watching for with regard to XPEV. We had requests from Duncan Steve to go take a look at the QQQs out here. Let's do it both ways. When I say both ways, let's go take a look at the Qs because I think one of the requests would be to take a look at A to B equal CD patterns because they are all over the place. Let's look at here. We can take a look at the different A to B equal CD patterns. Let's start with the large one. A gigantic one. This is the monthly timeframe chart. I would ask you where would you start the A point on this pattern because somebody could come all the way back and say, you know, Steve, the A point is the 2008 low. Yes. The Qs bottom in 2008, not in 2009 out there. They made their lows in November of 2008. That could be one. We could also come back here and say we could choose maybe the low from March of 2020. That would make some sense out there. We could use the low out here from December of 2018. What I would say the best thing to use when you get confusion like this I would say one of the best things to do is take a look at the expansion of the last set of swing points out there. So I take a look at the monthly timeframe chart out here, Duncan. I'm going to start with the high that's been taken out from March of 2021 high and take it all the way down to the low out of the October lows out here. And what we have is a 1.272 Fibonacci expansion that would get us up into the 450 area. So I think that's the first thing to take a look at. Now let's go take a look at the weekly time frame chart. This is for the Qs ETF. Here as I pull this back, you'll see that I've got rising price channels that take us back pretty far out here. Actually, I guess this was the rising price channel from March of 2020 out there. So as I take a look at those price channels out here, we are above the center or we're above the top of the first rising channel line out there. And then that price and that's solid green line. That's the exact distance of the first two lines out there. So that gives us quite a price projection. But here it's pretty easy to draw in an A to B equal CD pattern. We don't have to worry about going back to 2009. Instead, what we can do out here Duncan is take a look at the low out here. This is the A-point, October of 2022. The B-point out here is going to be the high from July of 2023 and the C-point is going to be a low out here of October of 2023. Now that's close to 0.382. It's actually 34% retracement out there. But this one to one and the B-point out here by the way, it had volume. This is the volume from July 17th 282 million shares out there. When this was passed it was passed with 232 254 216 209 last week 228. So how about that? That B-point volume still out here has been passed with volume. Doesn't mean that it can't go on to complete that one to one. But the price projection out there, Duncan, would get us up towards that 476 level that would get us up towards that next rising price channel line. And finally, let's look at the daily time frame. In the daily time frame out here, we've got a small A to B equal CD pattern. For that what we can use, you can use a couple of different ones. Let's look at the larger one in the daily time frame. The large one is going to use the swing point from October 26th. The B-point is going to be the high from December 28th. The C-point is going to be the low from January 5th. That's also less than 0.382 retracement out there. That's kind of a bummer, right? It is for Stevie because if you don't get a 0.382 retracement it says, well what else do you want? Where does that 1 to 1 take us to? How about the volume aspect of that? The volume was at swing point in December 28th. Short trading week of 27 million shares taken out last week with 70 million shares. That certainly was taken out with volume out there. That price projection would get you up to 465 out there. However, and I do mean however, why do you mean however, Stevie? I'm going to go ahead and put the cues. I should have done that before. I didn't, but we're going to do that now. We're going to go ahead and change screens out there. See what other signals that Duncan needs to be aware of other than just the A to B equals CD patterns. Turns out that on the daily time frame dunk we've got that Rosemont to indicator signal. And if we were to get a bearish reversal candle that would trigger a Rosemont to indicator top. Suggest price pulling back to 415.97. Weekly time frame as bullish as can be last week negating the TD 9 count top says it wants that higher. Both the weekly, the daily and the monthly each have rose Rosemont to indicator signals out there. That is, you know, be careful because that is a rubber band that stretch. That's a cool thing about the roads. Momentum indicator signals because those get stretched and when they do confirm out there, you can see gigantic moves. In this case here, it could be a gigantic move to the downside. Is that what's likely going to happen? I'd have to define gigantic right now. We don't even have to answer that question because we don't have the signals to suggest that that is what's going to unfold out there. The most important thing to be watching right now is that daily time frame. If you were to get a bearish reversal candle, then we'd have to say, hmm, what else is going on? For example, is that possible today? It most certainly is. Why is that even possible, Stevie? Well, in the 30 minute time frame, the cues have topped at an all time high on their 30 minute chart with ATD 9 count bottom. No, what price is going to need to do to suggest to you and I that there's any traction at the downside is closed below 416.28 for trading just above its green awesome and change on. So the 30 minute signal has actually been neutralized as we speak right now. So I hope that gave you the analysis you were looking for on the cues out there. I know you also had a request to take a look at K. Oh, cold out here. Let's see if we can find where Stevie put that. That's not it. Maybe it's right here. Is this it? That's not it. Oh, I did do the cues. What was Stevie thinking? There we go. So now we take a K. Oh, out here. We've got this here. It's about 59 64. It's above profiles. It has a T nine count. It has a roadsman to Mindicator top out there. You know that suggests that Coca Cola wants to move back to further support was at 59 16 Stevo. So that's the place I think Coca Cole is headed to on a weekly base were trading below profile resistance at 59 82. So that supports the idea of a further pullback on the monthly time frame chart. We're just consolidating with that. So and you're right at the center. So that's in a resistance area. So I would say you're looking at a pullback towards 59 16. Now on a 30 minute time frame out here. What do we have? Yeah, the TD nine count top price below its breakout level support at 59 72. So that's ushering the idea of a further move lower. So hope that provided the information you were looking for for Coca Cola. We had a request take a look at E. G. Y. and he's looking for a long position out here. So we get back from this break. We'll try to figure that out. I don't see a bottom pattern as we speak on the daily time frame. You do have on the weekly time frame HD price pulling back into its fuller structured support zone or by zone. That's between 406 and 421 out there. We come back this break will further look at E. G. Y. 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. 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In the Tigers 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 Tigers Den and 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 So look at the chart here for EGY that is a Valco Energy and the question that has been put to us is where is a long-term buy. So I'm going to come back and tell you I would look at the 406 area. So the monthly chart is below profile, below its oscillator and change line. So that suggests a potential possibility pulling back to there. We're trading below profile and a red oscillator change on the daily time frame. So that's what I think we're looking at out there. The other area you can watch out here may be the low of a few days ago, that Amer candle from the 17th out there. You know, if you close below that low, which is 413, that suggests lower price out there in that 406 area. So that's a quick peek in at the socks. That was the only index I was trading the downside when we began the show out here. It is trading the upside now. So we got everything trading the upside. Now in the case of the semiconductor, they do have a wave number seven signal as letter G. They've erosement to indicator signal out there. So that says a bearish reversal candle would identify at least a short-term top. Short-term top because the weekly negated is TD9 count top, but still has been strong out there, but the daily says perhaps caution over the next couple of days out there. Finally, let's close out the show by taking the EES mini. Let's look at its intraday charts. What do we have out here? What pops out to Stevie is the 30-minute time frame chart. The 30-minute time frame chart has got that erosement to indicator top. And it pulled price all the way back to its breakout level at 48, 77, 50. So if that level fails, if we start to see close below that, then what profiles might form? The two-hour time frame chart has erosement to indicator top. The five-hour chart still has a TD9 count top, but only gets negated when they close about 48, 87, 50. We have not seen that on a five-hour time frame. So there's reasons to simply be cautious out here. Maybe just a normal couple-day retracement. Maybe it's more than that. I don't know at this stage here. But right now the EES mini says caution on the five-hour, caution on the two-hour chart, caution on the 30-minute time frame chart, and watch at 48, 77, 50 level. Folks, thanks much for joining me on Magnificent Monday. Please have a great day, and I'll look forward to seeing you again on Terrific Tuesday. Take care, folks.