 Educating investors. The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes. Toll free at 1-877-927-6648. Or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good afternoon, folks. Welcome to the July 11th, the magnificent Monday edition of today's Trader's Edge show. I'm your host, Steve Perseverance Rhodes, who absolutely knows it 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 of the easiest way to do that is to always remember that life is happening for us, not to us. That's right, when you and I make that one little two-by-four shift, means we can find the gift in every set of circumstance that life is going to toss at us. Now today, you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I just past one o'clock in the afternoon and want you to know I'm absolutely grateful for your presence here. But more important than that, and that's this. During this next 60 minutes, I'm here to serve you. So feel free to pick up that phone. You can dial on at 877-927-6648. Now if you can't dial in, we've got you covered there too. You can always send me an email. Send it to Steve at tfnn.com inside the subject that if you'd be kind enough to put radio show question. And in our Tigers, in any, in every ping, we'll do. So let's go ahead and get this show started on Magnificent Monday. Of course, this is Tiger, Financial News Network. Welcome to Let's Show right now. Get all the U.S. Indices that we track trading the downside. Dow is off just one-tenth percent or 35 points. S&P about seven and about three-quarters percent or 29 points. One and six-tenths for the NASDAQ 100, 192, one-seventh, 10th percent for the Russell, 31. One and six-tenths percent for the semis. That's 42 points to the downside. Spot politics is trading up a buck, 52. But still below is 50-day exponents moving average. Gold's off eight bucks. Silver's down seven pennies. Let's recruit off 44 cents. The U.S. is up 44 cents. And the 30 Treasury is up nearly two points, trading out at 138.26. Lead in the charge, dollar-wise, the upside. You've got Murphy, USA. Is that Murphy beds? Probably not. 12 bucks to the upside. That's about five percent. Plant therapeutics up about $10 or 107 percent. That's a good day. BioRAD laboratories up seven and a half bucks. One and a half percent. Alt of beauty is up four-sixty. That's one and a quarter percent. Downside lead in the charge, dollar-wise, is Google. 57 bucks, two and a half percent. Mercado Libre up 45, 6 percent. Tesla 42, 5 percent. Bucking Holdings 42, 2 percent. MicroStrategy, 20 bucks. That's about 10 percent to the downside. Of course, I want to look at what you want to look at. No request just yet. So let's just go take a look at the markets, the equity future contract. Let's go take a look at the... Let's go start with the NASDAQ and the NQ. Take a moment here. We're going to change screens. In the upper left-hand corner, you're going to see the daily timeframe. Now, the daily timeframe on Friday closed above... I've got two different sets of profiles. One on the white background chart and one on the black background chart. For example, the black background chart, I won't show it right now, is the resistance level is at 12, 8, 37. On the white background charts, the resistance level is at... Where is it? Is at 12, 0, 37. So we're close, but no cigar here. So on one set of charts, well, here's what I can share with you. Regardless of which profiles we use, price is trading below the top of those profiles out there. So that suggests there's a possibility of what price wants to do. Let's go tag that red oscillator and change on it, 11, 6, 5, 8. I say possibly. Why? Because that's the daily timeframe that we're taking a look at. Now we take a look at the market breadth of the daily timeframe. And the daily timeframe right now is still bullish. What I mean by that, we take a look at the task market breadth tools. We've switched this to the daily timeframe. If you look over on the left under the market breadth statistics, you'll see there's 33 instruments inside the NDX100, 33% that are trading above the top of their profile. Only 13% trading below the bottom of their profile. And that'd be 14. So with that being the case, it's not that price can't get down in a test set 11, 6, 5, 8 area. It's just that the daily market breadth does not support that idea. So time will tell. Now we have four, on this tool, we have four different timeframes that we can utilize to help us understand what the task market breadth is. Again, when price is trading above the top of a profile, it's thought of that instrument. It's thought of it to be bullish below the bottom. It's thought of as a bear signal. So let's go from the daily timeframe. Let's just simply go down to the one-hour timeframe, the 60-minute. And here we can see that you have, and this work, we are, I guess the purpose of this, or I probably should have said that ahead of time, is we've got very choppy conditions out there. And that is going to be supported by what we just take a look at here inside the NQ. What I mean by that is the daily timeframe chart showed a bullish crossover. 60-minute chart shows a bearish crossover. Only 5% of the instruments are trading above the top of their profile for a 60-minute timeframe. Now, that supports it, perhaps, in the daily chart. Price might pull back to that oscillator and change that. And I think it will need more than that. Here, there are 64 instruments trading below the bottom of their 60-minute profile. So that's a 60-minute chart is bearish. Now, if we take a look at, well, profile-wise, if we take a look at the 60-minute chart itself, the 60-minute chart formed a Roseman Dominicator top. It does that at 4 o'clock, I'm sorry, it does that at 1 o'clock in the afternoon, back on July the 8th. Now, it creates a TD9 count at 4 this morning. And we get a little bit of a rally, and that rally takes us right up into resistance. That was the top of that profile. Now, we have an A to B equal CD pattern, but no bullish reversal candle on a 60-minute timeframe. We know that the market breath is bearish. Even if price rises, it should find resistance at 11992. That's what the 60-minute chart is communicating to us. If we come back and take a look at our task, mark, breath, we can go. So we've looked at the daily. We've looked at the hourly. Two different messages there. If we take a look at the four-hour timeframe chart, we're going to see here it's close, but no cigar. You've got 27 instruments trading above the top of the profile, 35 trading below. So it's kind of a close call here, but the call is it goes to the bears or the sellers in the market. Now, that was a 240-minute timeframe chart. We'll pull over a 240-minute timeframe chart just to get a feel for anything else that we can see. So on the 240-minute timeframe chart, you see an arrangement of indicator top. We also see the last 240-minute cycle. That completed, I think, might have been 10, but let me just make sure here. It was at, yeah, 10 o'clock. So the next one, this is a four-hour chart, going to be at 2 p.m. And what price is trying to do is get back inside its daily profile. What that means, it's trying to close above 1196930. They're at 11971. If price gets inside, they're closed inside, they're even with bearish market breadth, it may be signaling that price is going to try to make a run for the 12066 level. Not that it'll take that out, just that that would be a logical place to move to in reality. Now, if we change to or it changes to positive or bullish market breadth, then that's a different story. And price, in fact, might take those levels out. But that's not the conditions that we have right now. So that was the four-hour chart. So we've got the four-hour timeframe chart, 240 minutes, 60 minutes, then our bearish. And if we take a look at the last chart out here, that would be the weekly timeframe. And from a weekly standpoint, and this is interesting, very bearish. What I mean by that is there's 9% of the instruments, or 9 exactly, on the NDX100, trading above the top of the profile. 32% or 32 instruments trading below the bottom of the profile out there. So what we have here, how are we going to summarize this up? This is a copy market, and it's the TAS market breadth that tells us to expect that to continue right now. Bullish for the daily, bearish for the other three-time frames. See roads with TMP. Hope you're right. For booming inflation, we are purchasing powers eroded. There's no better place to protect your hard-earned money than in gold. This, the gold flagship asset, is the Monk Cod Gold Project in the Northern Territory of Australia. This is Australia's largest gold gold project. We are talking a world-class gold project in a tier one mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. This, the gold just completed the Monk Cod Feasibility Study, which resulted in a 7 million-ounce gold reserve in a 16-year mine life. All of this, combined with the approvals of all major operational, as well as environmental permits. 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And try all of our products and newsletters 30 Days Risk-Free with our money-back guarantee at tfnn.com TFNN, Educating Investors. At 1-877-927-6648 internationally at 727-873-7618 Back up folks, we've got the a-dow trading off about 34 points, one tenth of a percent. S&P's off 29, that's seven tenths on the Nasdaq 101.5%, 189 points to the downside. Let's go to our first request out here. This is coming in from Hector and Patty and Hector and Patty's email goes like this, Happy Marvelous Market Moving Monday. Back at you, my friend. Microsoft, could you please work us an AB equal CD pattern, an AB equals CD up on the daily timeframe of the June 13th, June 14th, the bottom of there. Let's certainly do that. Let's first take a look at what our three white background charts are communicating to us, Hector and Patty. Now we'll get to the A to B equal CD. Now, you might be looking at that A to B equal CD pattern because price closed above the B point also happens to be letter B from a Chapman wave. That's the swing point from June 27. Now that swing on June 27 had I believe was around 24 million shares. Let me see here. It was 24. 24.6 million shares and when it crossed over closed above it on Friday it was on 20 million shares. So if it had been on volume you could easily say, okay, it looks like an A to B equal CD to the upside. We can also see that price was right there where the sellers reside, the top of that daily profile, 268.30. So you can either close, a convincing close certainly Patty and Hector above that high from June we have 27th, that high out there is 268.30 and your preference is to see that high fail with more than 24.6 million shares. If you get that then you'll have an A to B equal CD to the upside that I'll draw momentarily because I can draw that easier on the black background tool. Weekly timeframe chart formed a TD9 account bottom about four weeks ago. Also was letter G, that is a wave number seven move for the Chapman wave that was week of June 17th and then what's taken place since then Hector and Patty is price had gotten up to that first level of resistance. That first level resistance is the red oscillator and change line. Now on Friday there was a glimmer of hope and maybe there is a glimmer of hope because this Friday if we also get a close above that level that level being the weekly oscillator and change line that is going to suggest that Microsoft's intent is to trade up to $273.91 and above that $293.30 and above that $294.51 out there. So it looks promising but what we need to see here is for price to close above that oscillator and change line and I would say that's taking out the B point with volume. That would be kind of a safe move out here. Now in the case of the monthly timeframe chart what Microsoft has done is it's pulled back and it's testing support. It actually closed below support in June it's back above that level because that level that we're referring to is the bottom of the TAS market profile. So what we have here with Microsoft we're going to switch over to a black background screens. We're going to go ahead and answer the question for Hector and that is to draw in an A to B equal CD pattern. So here's what it would look like. Our A point out here is going to be the low from the trading session of June 13. The B point that's the one we were talking about earlier is the high from June 27 and the C point is the low on June 30th. Your one-to-one price projection level would get you to 279.67 11.272 286.95 If we take a look at the weekly timeframe chart it's next level of resistance on a further move higher meaning it closed above the 268.30 area would be 273.91 If it closed above 273.91 then that 279 the 1 to 1 A to B equal CD for the daily timeframe. Or price might be targeting 1.272 at 268 or even 296 which is the 1.618 C to D expansion of the A to B I hope that wasn't too confusing for you. So that's what the A to B equal CD pattern looks like there Hector. You do not have a confirmed one as we speak just yet and we know that price is up against a pretty decent resistance level. Top of that daily profile and on the weekly chart we have a lot of questions about the price of the A to B and we will look forward to talking to you again soon. No other request that we have either inside the Tigers Den or by email so that says we should go take a look at something else. What's that something else? Well let's just kind of surf around because we've got mixed messages for sure we took a look at the NASDAQ 100 let's spend a little time with the S&P and a few other instruments out here. So for the NASDAQ 500 we have that same mixed message. Oh wait this is the 30 minute time frame chart. I didn't pull that up for the NQ so we did see that the NQ was trying to rally and we already established by taking a look at the other 4 time frames 61, 20, I'm sorry 62, 40 daily and weekly then we've got a mixed bag out there. One that's got a bullish crossover the other three have a bearish crossover. There is a 30 minute time frame and this is for the NQ as well so if we see that it's rising now that should not be we start with the shorter time frame that should not be a surprise to us. Why should it not be a surprise? Because we have bullish market breath crossovers for the NDX100 for its 30 minute time frame. What we mean by that specifically is 69% or 69 instruments are trading above the top of their daily profile whereas 4% are only for trading below the bottom. So for the 30 minute time frame talk about wacky the you've got 69% and if we take a look at the NDX100 for the 60 minute time frame we're trying to get that established over here let's just put this am I on the right chart? Yeah I am okay good. It really meant am I on the right screen. Here we take a look at the bearish crossover. Only 14 above the top 52 below. Again we have a market here where we're seeing this jostling going back and forth and this is the reason why and I don't see anything clearing up at least not just yet. I can't be a forecaster and I'll put up a super dopler and take a look at it. If price was above the top of a profile that might tell us. So on the 30 minute chart since that is bullish out here yeah we're on the NDX100 watch 11, 9, 8, 6, 80. 11, 9, 8, 6, 80 is the top of the 30 minute profile for the NQ but I said we're going to take a look at the S&P 500. We are. In fact let's just stay with this 30 minute time frame chart let's just change from the NQ to the S&P 500. I think we're probably going to get similar messages out here. So now we take a look at the S&P 500 that's calculated as we speak. We have 315. 72% of the instruments are trading above the top of their profile versus 6% below the bottom of the profile. Again that was for the 30 minute time frame. So if you're looking at a 30 minute chart here you've got positive market breadth. You certainly want to know where resistance is on a 30 minute time frame because that positive market breadth price should be able to make its way up to that level. Now that level I'm trying to pull this up on our screen here for the ESMini. If you give it just a minute I should see it momentarily. Maybe more than a moment. And that level is wow okay. So if this is just a counter trend move well let me just do this here. Let's change screens. I don't want to talk about something and then you're like well what the heck is the guy talking about? Of course you might say what's the heck is that guy talking about most of the time but at least if I show you a chart here well at least you can see where I'm going with this. So now we take a look at the 30 minute 60 minute time frame for the ESMini. Wait a minute this does not happen right. Sorry about that folks. I'll get the proper symbol up on my screen. There is a symbol called ES it's just not the one that you and I were after out here. Now we've got it up on our screen. We take a look at the ESMini. Price is trading above the top of its profile. Very interesting. Steve Rhodes with TFN will be right back. 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At TFNN you'll get advice and guidance from the authority in 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 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 8 different shows with expert hosts to help you make deals 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 Investors 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! So before that break let's take a look at the market breath TAS market breath for the S&P 500 Again, this is a 30 minute time frame 307 instruments, 70% trade above the top of their profile Again, that's a bullish signal and only 7% trading below the bottom or 29 instruments for the S&P 500 So for the 30 minute time frame we've got market breath bullish We take a good 30 minute chart out here What this tells us at price right now is trading above the top of its profile is at price to target 38, 84, 75 Looks like it will have the positive market breath to do that, but that's a key level of resistance Now if price does close above that 38, 84, 75 That says that price could run all the way to the 39, 12 could run wherever it wants to, but 39, 20 would be the likely target area That's for the 30 minute chart But when we take a look at a 60 minute time frame out here, we have the opposite message The opposite message is 288 instruments or 58% are trading below the bottom of their 60 minute profile and only 16% 82 or 82 instruments trading above the top of their profile for the 60 minute chart out there So what that is suggesting to us at least at this stage here at the moment is that we've got a choppy market out here and that choppy market I don't see that resolving itself just yet but if we look at the 60 minute time frame we can see that price is right now and this chart is not going to have any meaning until 2pm but as of 131pm price is trading above the top of its bearish structured profile for the hourly time frame chart and that says a close about 3872 would suggest a run up to the 3900 area but we have to see where this really closes at 2pm versus where it's trading at 131 in the afternoon although it does look pretty good at this moment but we know because the market breath the bearish market breath perhaps we're going to see price push it back out there now when you look at the 10 minute of the 5 minute charts the 10 minute chart is going to form bar number 8 so that would say you could get a TD9 count pattern 8, 140 not until 2pm not until we come into the close of the show out there so a mixed bag with regard to market breath and that's important to understand and that's why we're getting this choppiness that we see out here inside of the market so I hope that helps you understand trying to communicate that to you let's try to do an even better job and do an analysis of Apple and this is for Nancy I believe maybe Nancy wants to take a look at Apple and so Apple has in essence a confirmed A to B equal CD to the upside the B point out here was taken out and that B point had volume of 70 million shares when it was taken out it was taken out with 66 million shares that was trading day of July the 7th that's a tighter volume but it's still pretty good I mean is that that's within what 5% or so so you've got an A to B equal CD pattern that is under way where price is running into your real issue out here Nancy this is on the long side you've got a nice TD9 count bottom for the weekly the daily's got a confirmed by the D point pattern and the monthly has nothing other than a TD9 count top that took my derosement to mitigator top that pushed price back to support which is held 48 but it's really going to be that red a third change line that's going to give you the answer is Apple bullish or is just a countertrend move a close balance of 147.64 or their bounce right now would suggest a further rally and of course we come back to that take look at the A to B equal CD pattern on the daily time frame chart for price to move to the upside so Nancy I don't know what else it is out here that you would like to know about Apple I'll just quickly here move over to the black background screens. The black background screen is gonna show you the A to B equal CD pattern that is underway at the moment. But of course, what we know with this weekly charter doesn't tell us, the weekly chart doesn't tell us where the resistance battle line is, which right now is at 147.63. So I'd say price wants to get to the 147.63, that'll at least come close to completing that one to one move. If there was a bearish reversal candle that then formed, then you would have a sell the D point or a Gartley sell point pattern and but we don't have that as we speak just yet. So Nancy, thanks so much for writing in and I hope that helps you out. Dan and from Boston wanted to take a look at ticker symbol S-A-M. So let's get that fired up out here and let's get that in the black background charts as well. And this is what Sam Adams, say Boston beer. So now when we take a look at Sam Adams, here's what we know. A mixed message Dan, price above the top of the daily profile, again presumed to be bullish as long as price remains above 304.13. Price below the bottom of the weekly profile and below the bottom of the monthly profile. So that would be presumed to be bearish. So here's another mixed message to a consolidating type market out here. Let's go change our screens. Let's go to the white background screen, see if there's any kind of patterns out here that would assist Dan or perhaps we just need to understand where that oscillator and change line is. So for the daily timeframe, you've got a rogement of indicator bottom. You've got a TD nine count bottom. Price moves higher, pulls back, looks like about a 0.786 retracement. Never breaks support, meaning the bottom of his profile 292.71. It's perhaps a chance that this is heading up an A to B equal CDT upside. But what we do know is price is trading above the top of its profile. That's on the daily timeframe for Sam Adams, that's a bullish outcome. On the weekly timeframe chart, let's pull this back a bit. What we have is a TD nine count bottom, rogement of indicator bottom. Price above that oscillator and change line. Your resistance level is going to be at that 395.62 area. That is a TD nine count breakdown resistance level, Dan. I don't know the price is gonna get up there. You've got the bottom, but you've got another issue with regard to sellers sitting at 365.01. But if they can take out those sellers, then the move to 395.62 would be likely. On a monthly timeframe chart, you have a negated, this is last month, a negated TD nine count. And so that's not a good thing because that's telling you a strong momentum to the downside and that price should head lower. Now you would likely ask head lower to where? I would say 107.41. 107.41 is a TD nine count breakout level that takes you all the way back in the 2012, 2013 timeframe. That's the monthly chart for Sam Adams. So overall, with regard to Sam Adams, price should be able to continue to move higher. Nice bottom on the daily, nice bottom on the weekly, resistance level the first one up should be at about the 365.01 area. So hope that helps you out, Dan. Thanks so much for the request. I think we've got another request out here and that is for, nope, that was for G-man. Well, that might've been if that was Nancy. I don't think so. No, it wasn't Nancy. That was for somebody else who wanted to take a look at Apple. So we kind of killed two birds with one stone. We do have another request. This one's coming in from Mimi. So Mimi writes in and she says, please come and then oxy, oxylo petroleum. OXY is the ticker symbol there. What Mimi is looking to do is to get long this instrument. So we pulled this up on our screen out here. Let's see what we see. We see oxylo petroleum has a TD9 count bottom. And what that did out here was ran all the way up into resistance. That resistance level Mimi was a top of its daily profile. On top of its daily profile, an accidental petroleum is 6304. So if price can close above 6304, that's good. What we can see right now is that price is trading, OXY, let me second. Price is trading below its red oscillator and change line. And therefore if price remains below that area, it increases the odds of a further pullback. Now that area for the red oscillator and change line is currently printing at 59.81. So Mimi, if price closed below 59.81, you're looking for an entry point. What I would suggest to your entry point is between 55.80 and 57.25. You're trading with inside a daily bullish structured profile. You had a rogement indicator top that led to a TD9 count bottom. And now price is just dealing with resistance as it tries to battle to make its way to 70.99. On the weekly timeframe, there is no topping pattern out here. There was a rogement indicator signal triggered, but no bearish reversal candle. The monthly timeframe chart says Mimi, be careful. Because longer term, I want to pull back and test my monthly oscillator and change line. That's currently printed 43.90. Sea Broads with TFNM, we'll be right back. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets, Tiger Real Estate, LLC, is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. 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The Perspectus and Summary Perspectus contain this and other information about Direction Chairs. To obtain a Perspectus or Summary Perspectus, please contact Direction Chairs 866-476-7523. The Perspectus or Summary Perspectus should be read carefully before investing. An investment in the funds is subject to risk including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, foresight fund services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Welcome back, folks. We're still taking an accidental patrolling. This is for Mimi who is looking for a entry point to go along out here. What we established when we took a little of those white background charts was the monthly's got a TD9 count top of daily, has a TD9 count bottom. And here, and we can see that price is consolidated inside its daily profile. It's your left-hand panel chart that you're looking at. So we know our resistance is at 6304. We also know that once price comes back and tests its swing point, that was from June 22nd out there, we can do it on lighter volume as it did on the trading session. So the volume on that swing point is 37.8 million. That was tested on July the 5th with 40 million shares. Then it was tested on the next trading session, July the 6th with 30 million shares. Not enough to break them to the downside, tried to bust on the upside, couldn't bust out the upside because of where the sellers were at at the top of that profile. So Mimi, if you want to take a stab at this, I would say around 56.97. That is the top of that swing point from the trading day of June 22nd. And what you would like to do is see that pulling back with less than 37 million shares. So if it's an hour of trading, take that volume multiplied times 6.5. If it's three hours of trading, take the total volume of three hours, divide it by three, multiply times 6.5. And that'll give you a feel for what the volume matrix may look like by day's end to then assess whether or not price is pulling back with volume or without volume. If it's pulled back with volume, depends on where price closes because if price closed underneath 56.97, that would say that price would go test the bottom of that candle, the bottom of that candle being 54.30. But right now, without knowing the results of that should price pull back, we'll use 56.97 as the price target with less than, less than 37 million shares. So I do hope that helps you out. Thanks much for writing in. We had another request from Jimmy D. wants to take a look at MPW. So we're going to do that. MPW is what, manpower maybe? I don't know. MPW is a medical properties trust. I wasn't even close out there. If we take a look at this instrument, the daily timeframe, what do we got out here? Short of other than an A to B equal CD, I don't see anything, but let's look at this. So several A to B equal CD patterns and you had the three river morning starts. Okay, I get it. There's your bottoming pattern for the daily timeframe. On the weekly chart out here, well, you don't have any kind of bottoming pattern just yet. A to B equal CDs, we can draw those in, but no bullish reversal candle. Does not mean that price will not target its oscillator and change line, but on a weekly timeframe, Jimmy, no confirmed bottom, nor is it confirmed bottom on the monthly timeframe and pricing below that support area. So back to the daily, what do we know out here? Great question. What do we know? Price is attempting to stay above the top of its daily profile. You said that's going to zero. It's trying to trade above the top of its profile, which is 1550. I would say if you get two consecutive close, that says we had higher, but price already closed above those two consecutive times and that was not the result. So, but a price does close below 1550. I won't say it's going to zero. I would say it's going to test its oscillator and change line around the 1494 level. So what else can we take a look at? Let's just change panels here for you. Give us a moment. Let's go to the black background screens. Maybe if we pull this back, when I say pull this back, I'm just looking at the daily timeframe right now. Maybe something will stick out as, I don't know that it will or not, but at this stage here, there we go. So what's price trading into? So this takes us back into the 2020 bottom is what it looks like. So we'll just simply go monitor or draw what that price level is. So we can draw that across the screen out here. And just curious whether or not price is testing that level. That level, by the way, is going to be the high from the trading session of March the 17th. That is 1512. Now the volume on that swing point is 9.8 million shares. So let's fast forward out here, 9.8 million shares. I didn't mean to do that. That's for sure. Give me a second here. Okay. So price got below that. Daily timeframe gets below it. Close it below that with 12 million shares. Wow, so it took out that swing point. Okay. So that says danger. Let's go see what this did on a weekly timeframe. So it's trading with inside that swing point. Yeah. So it's still trading in. So here's MPW, March 16th swing point. Low, 1235, the high, 1583. The volume, 40 million shares, 41 million shares. You close inside it was 60, okay. So because we're still inside this swing point out here. So this was the kind of work that we really had to do here, Jimmy, in order to try to get an assessment of what's going on. And we can see on the weekly basis, price is trading with inside that swing point. Again, that's the one that began the week of March 16th, 2020. And it's trading inside there with volume. What that says to Stevie is that its intent, its intent being price, wants to go target and test the bottom of that swing point. So I'd say 1235 would be the number inside of MPW for the, that's the weekly timeframe out there. Monthly timeframe, you're below the bottom of the profile. So again, kind of a mixed message out here, right? I say, right, you say, I don't know what you're talking about, right? We just took a look at a swing point. Price is trading in that swing point with some volume. It's still trading inside there, whether it's daily or whether it's weekly. Yet, when we take a look at the daily timeframe chart, although we don't have a bottom pattern other than a buy the D point out there, price has gotten able, has been able to get above the top of that daily profile. And that would suggest a further move higher out there. But when we look at the weekly, what you and I know is in order for MPW to get back into its range, you need to see a close on a weekly base above $15.83, right? Now you're trading at 1546. So that may happen. It just has not happened during the last four to five weeks out there. So I hope that helps you out, Jimmy. Thanks much for the request. And have a magnificent Monday. Next question coming in from David H, David in Tomball, Texas, wants to take a look at Sand Ridge Energy. SD is the ticker symbol out here. Let's go ahead and get that fired up on the Black Background Church. And let's further, okay, we got that going. Let's go ahead and read David's question. Please look at Sand Ridge Energy. SD is the ticker symbol. On the daily chart, is there any significance to the trading day of July the 6th? So let's just open this up. Let's turn to July the 6th out there. And July 6th, let's just draw a little arrow so everybody can see. Green arrow, let's make it a green arrow. July the 6th, or July 6th. July 6th, July 6th. Huh, am I looking through it? Yeah, SD, let me make sure. Yeah, so SD, and you're asking, is there any relevance, any significance to the trading day of July 6th, where a gap up that was created for March 16th? So one of our charts is not correct. Am I looking at the right thing? Well, you say 7-6, where am I? I'm on June 6th, my apology. My apology, I'll eventually get there. So you say July 6th. So I really think what you're, so the question is there, I don't have a gap. So that's really the issue. Here's July the 6th. The high of that candle session is 15-62. The low of the next session is 15-57. There is no gap out there. Now, I do know that my favorite polar bear, David White, I know that he does gaps differently. So I look at the entire candle, and I don't wanna say what David does, I do know that he does things differently. So David H, it's possible you're taking a look at the way that David White, David W does, but as far as Stevie is concerned, there is no gap there. So there is no significance because there is no gap. If there was a gap, it would just simply be a bullish signal out there for the daily time frame. Steve Rhodes with TFNN, who heard. Vista Gold owns and operates the largest undeveloped gold project in Australia, the Mount Todd Gold Project. Vista Gold just completed their feasibility study, resulting in a 7 million ounce gold reserve. Vista Gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing an accreted transaction. Vista Gold trades on the NYSE American and TSX under the ticker symbol VGZ. Vista Gold, executing a strategy to create shareholder value. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. 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TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. Available to all Tigers and Tigresses for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com, then hit Watch Tiger TV. That's TFNN.com, then hit Watch Tiger TV. Welcome back, folks. So I've read David H's message a little further and the gap, in fact, that David is talking about is this gap back here that was formed on March the 15th. You say the 16th through the 18th. So here's the way that I would really just take, we've got to forget the gaps at this stage here. Those gaps, I mean, I guess what you're saying is that gap was filled, which is true. So he's looking at this gap here from March 16th to March the 17th, and that was filled out there. I think another way to really look at this here, David, is what Price was doing was it was testing a swing point. So it's kind of like a junior swing point out here for March the 16th. And that swing point had volume of 2.2 million shares. And that was tested out here on that trading session of July the 6th with one million shares. So you've got a light volume test and rejection of a swing point. Okay, so we have that. So support and essence is held. But what we also have out here, David H, is we've got a new profile or not a new profile. It's been around for about a week and a half. And that profile, the bottom and center, both located in 1667. That should have been strong support. That strong support failed. It's now turning out to be strong resistance. So really in the case of Sandridge Energy, in order to get some traction, has to at least get back inside that profile. That's at 1667. If it doesn't get inside there, then we should likely see another test of the 1410 area. So hope that helps you out. Thanks that I kind of screwed that up in the beginning there, but we finally got it done. We're gonna close the show, take a look at corn futures out here. So what corn is doing, it's the December contract that we're taking a look at. I'm just simply gonna expand this out here. And as we take a look at what's transpired, there was a new profile that formed above price. It did that on Friday. And this is a barestructured profile. And what price did this morning was it got up, tested the center, and because of barestructured profile, there's both buyers and sellers there, but now price is trading back below the bottom of that profile out there. And that's corn. Now corn does have a buy the deep point pattern out here. And it generated, well, it doesn't have a buy the deep point pattern. Maybe not. Oh, I'm looking at the December 23 contract. My apologies. I'll tell you what, who made that request? Whoever did, R.J. Lee, I'll send you that information inside. Take care folks.