 The following is a presentation of TFNN The Trader's Edge with Steve Rhodes Toll free at 1-877-927-6648 or internationally at 727-873-7618 The Trader's Edge Now Steve Rhodes Good morning folks, welcome to the September 20th The wonderful Wednesday edition of today's Trader's Edge show I'm your host, Stevie 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 Well it's to always remember that life is happening for us Not to us That's right When you and I make that one little 2x4 shift It means we can find the gift In every set of circumstance that life is going to toss at us Now today you and I are 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 I want you to know I'm absolutely grateful for your presence here And 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 Dial on in at 877-927-6648 Now if you've got a question but you can't dial in We've got you covered Send me an email, send it off to Steve at tfnn.com But please send it early and inside that subject If you'd be kind enough to put radio show question Now if you're inside our Tiger stand Well then any and every ping will do So let's go ahead and get this show started on wonderful Wednesday Of course this is Tiger I'm Steve Rhodes Welcome to the show Right now we've got a mixed bag out there The mix is coming from the Nasdaq 100 and the Nasdaq Composite Bull Trading slightly lower Otherwise the other U.S. Indices are trading the upside with the Summice being flat The Dow's up 171 The S&P's up 9 The Russell's up 11 That's a half percent, two tenths and six tenths per percent A nine tenths for the Summice are up 132 points Gold's up $12 now A six tenth move 36 cents are one and a half percent for silver Lights recruit up 17 pennies Printed out 90, 65 natural gas back 10 cents A 30 year treasury Printed out 118, 25 That's up 18 ticks Now leading the charge Dollar wise to the upside You've got Cambridge, Cambridge Bank corp up 12 bucks 25 percent move there John Deere up 9 bucks 2 percent Lulu Lemon 9 bucks a little over 2 percent United Rentals 7 and a half bucks Almost 2 percent And digital transformation opportunity A 55 percent move there To the downside it's a What is that? Bage limited sponsor Down 15 bucks 7 percent Zebra technologies That one I can read Down about 5 percent or $12 Check group down 6 bucks 9 percent Celsius holdings up about 3 percent That's about a $6 move And Lynn to PLC Off about five buckaroonies out there So we've got some movers And we've got some shakers Let's begin by taking a look at that Market breath out there And we're going to see We've got mixed up market breath What I mean by that is Here's the Nasdaq 100 Bullish for the 60 Bullish for the 240 Bullish for the weekly And just slightly bullish Or slightly bearish right now For the daily When I say slightly I mean 23 instruments above profile 28 below So for the most part We've got bullish conditions for the Nasdaq 100 At least as of 1109 For the S&P 500 It's a different message It's bearish bearish bearish Weekly daily 240 and 60 Now the 16 minute chart Shows 155 above 166 below But we've got basically What is set up conditions For a choppy market Now you would have expected us To have choppy market conditions Coming into a Fed minute A day here Where we're going to find out Whether they're going to hold Reduce or raise rates out there And so you would expect That we would have this Choppy kind of market Well market breath Is also confirming that Which we would expect Now because it is Fed rate day Fed rate cut Raise or what have you What I do have here Is this the S&P 500 Over the last 10 years And over the last 10 years This shows Fed rate change Now I don't know if there's Going to be a Fed rate change What I don't have an opportunity To do here is pick out a When I take a look at the options That I've got This is using the season next Platform We've got Fed rate change Fed rate cut Fed rate hike Well we don't have No rate change out there So it's the potential For a rate change maybe You know so this basically Says that we move lower Into that day And then for the next four Days the S&P 500 Will move lower That's been the historical Pattern over a 10 year period Let me see can I I can't really do 25 years At 15 years Really the same kind of Pattern set up for a 15 year period as well So that's what we've got From a seasonal standpoint What else do we have Out here Let's go take a look At the end queue Let's switch panels out here Take a look at what's going on On our interday charts For the end queue Since they've got mostly Bullwish conditions out there Let's go see if we can identify Any resistance levels So we take a look at the end Queue on a daily time frame We know we're trading below Profile levels That suggests lower price We take a look at the Five hour time frame chart Five hour time frame chart Let's see if we completed An A to B equal CD to Downset I'll draw on the A to B point And I'm just simply Going to move this over To the C point out there Let's see if this in fact Formed it did No it didn't It really did get down there I mean the projection Was about 15, 186 Got down to about 15, 248 So you're still an A to B Equal CD to the downside What we know right now About the five hour time frame Chart is that resistance is Where those sellers are located And that's at the top of the Profile And the top of its current Profile is up at the 15, 4, 30 level You can see how that acted As resistance does support Is down at 15, 309 Let's continue looking at The end queue charts out here On a four hour time frame Chart what do we have Actually I see a potential For an A to B equal CD To the downside pattern That could be forming Different than the one we Looked at on the Five hour time frame chart The two hour chart has Enrollment to indicator top So it's got a nice bottom With price consolidating With inside profiles 15, 4, 22 is resistance That's at the top of the Profile price right now Testing support The red oscillator And change line On a two hour basis And this next candle Here is going to Complete at 12 noon If price were to close Below that red oscillator And change line 15, 355 That would suggest a Further move lower Into the support structured Area of its bullish profile At 15, 267 to 15, 306 No signal here On the 60 minute Other than price trading Below support 30 minute time frame chart No topping pattern That sticks out at me But price pulling back And testing a key area Of support So watch the 15, 348, 75 That is the last breakout Level for the end queue If price closed below That on the end queue That would suggest We're headed lower And headed lower to where Well the next area Of support right now Would be at 15, 263 But that requires a close Below 15, 348, 75 Out there So even though we've got Bullish market breadth For the NASDAQ What you and I can see Out here is that Price is running into Resistance The resistance being The top of those profile Levels for the longer time Time frames out there The two hour and the Five hour chart Out here And I would be watching Support levels But even a ten minute Chart From the roachment To the indicator top And then a TD nine count Bottom that is Out here So what do we expect? I gotta expect that The markets try to Pull back a bit As we come into The two o'clock time frame When Powell gives us His decision out here Let's try to pull up The ES mini charts We've got about 30 seconds Before we start going Into the breakout Here let's see What we can find here I'm just looking for Resistance levels To be able to share With you Does anything stick out And if we take a look At the four hour Time frame chart 4505 is the top Profile out there The two hour chart Has a roachment To indicator bottom Price is above The top of that profile So that's actually Suggesting to you and I That price wants to Make a further move Higher out here I don't have any Other topping Patterns per se But I take a look At the ES mini Nonetheless I think it's more logical That we see markets Kind of pull back Get towards break even As we come Into the two o'clock Time frame But I can't share with You is a topping Pattern ES mini Charts as we speak Right now C. Rhodes with T. F. N. We're gonna take a look At the X. L. E. For Hector Silver For Dizzle And I would like To hear from you Adding stock options To your portfolio Can be a major Game changer But the full complexities Of these instruments Can oftentimes allude Even the most Experienced traders Whether you're A seasoned trader Looking to sharpen Your knowledge on Options Or you're Completely new To the market Teddy Kextat Is here to help You get to know How to maximize Potential returns Basic entry And exit techniques And more If that Wasn't enough Of a reason to attend Teddy will also be Answering all questions Live If you're serious About making money In this market Head over to the For more information On the X. L. E. For more information On the X. L. E. For more information On the X. L. E. For more information On the X. L. E. For more information On the X. L. E. For more information On the X. L. E. For more information On the X. L. E confident That there's fresh selling on the market Head over To the front page At TFNN.com today To sign up For Teddy's live stream TFNN 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 use that give you direction on the key indices, selective stocks, and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman in your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com, educating investors. Steve Rhodes started his trading career as a student almost 20 years ago, and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn, and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN, educating investors. The question that comes in from Hector is he's asking, first he's asking, was yesterday's candle a bearish and golfing candle? When he's looking forward, did that confirm a sell-the-de-point pattern? So that's an essence of the question. So the answer to your question, Hector, is no, that is not a bearish and golfing candle. In order for it to be a bearish and golfing candle, one, price must be in an uptrend. So to a certain extent, we could say that price was still in an uptrend here as of yesterday, but what the bearish and golfing candle needs to engulf or wrap around is not a red-bodied candle. And if you take a look at the prior days candle, that was a red-bodied candle, even the one before that. So it's really a bearish and golfing candle. You've got to be in an uptrend. You're going to wrap around the body of the prior candle, but it needs to be, in this case here, for a bearish and golfing candle, that prior candle needed to move to the upside. So we don't have that. What we do have is price got down and basically tested or closed just slightly below the bottom of its profile out there in the bottom of the profile being 9143. Now there's a number of different A to B equal CD patterns that are out here. So let's start drawing those in there. And as price releases more information to you, you draw the new pattern. So for example, the A point is going to remain the same here. And for that, we're going to use the June 23rd swing point low. So the first A to B equal CD, the B point would have been the high from July 3rd, a pullback for two days into July 6th. And there's your 1 to 1, 1 to 1.272, 6182 and 2.618. OK, that's one A to B equal CD. Let's draw another one. And I'll just simply draw them in one at a time out here. We'll go ahead and use that June 23rd low. We'll use the high out here from July 13th and retracement down into July 17th. There's your, again, your price projection levels. Now there's another A to B equal CD. Now I haven't checked to see if they're confirmed or not. They don't always have to be confirmed in order for them to come to fruition. This last one, though, we will go ahead and we'll check it out. This is a larger A to B equal CD. And it would look like this. So give me a moment here. We're going to use, again, that same A point, the low from July, June 23rd. The B point now is going to be the high from August 11th, the C point out here from August 23rd. Now that 1 to 1 price projection will get us up into 99.15. Now the B point that we used out here, the high of August 11th, generated volume of 23 million shares. When that was passed, it was passed with 24 million shares. So the XLE on this larger A to B equal CD, as a confirmed price projection, at the 99.15 level, if that's going to take place, obviously price needs to remain within its profile. So you're looking for a close day above 91.43, the bottom of that profile level. If it doesn't close above, it doesn't negate the A to B equal CD pattern. The answer there is no, it does not. But in order to negate this pattern, price would have to close below 31.10 out there. And if close below 31.10, there might be a different A to B equal CD that we would draw in here. Now this retracement, this B to C retracement, is less than 0.382. It's at least it's 31%. Oftentimes when you get about 0.382, or maybe slightly less than that, what happens is this turns out to be more than a 1 to 1 A to B equal CD. That's what's coming from the daily timeframe chart. Let's switch over, take a look at the white background charts out here, and see what kind of information we can provide to Hector and Patty here as we take a look at the XLE charts. Now what we can see here is that we also had a Roadsman Diminicator signal that's been triggered. And that trigger needs a bearish reversal candle. Well, we have not seen a bearish reversal candle since then to confirm that top. What we also have out here is we do have a Wave 7 signal out there. So that is a potential for a top out here. And if price does close again today below the bottom of that profile, Hector and Patty, 9143 odds would then favor that price may want to make a run to its breakout area. That's at $87.54. If we look at the weekly timeframe chart, the weekly timeframe chart last week confirmed a TD9 count top. In order to negate that pattern, price must close above $93.69. What should take place is price should pull back to test support. The first level of support in Light's Recruit for its weekly timeframe is $90 bucks, even Stephen. The top of that weekly profile. If price can get below there, then it would be the oscillator and change line that would be the target. Right now that's printed out at $88.90. So the XLE has got a definite confirmed top. The XLE on the weekly base. The XLE on a monthly basis is taking on a prior TD9 count top. Price would need to close above on a monthly basis $93.31 to negate that signal. Now, there's still resistance up above that at $94.71. But to negate that TD9 count top from back in June of last year, was it June or July? Was June of last year? Price needs to close above that high. Now, what else we want to take a look at in trying to understand the XLE? Well, what we want to really take a look at is what's going on in Light's Recruit. Why do we want to do that? Well, I'm going to change panels here. I'll show you the exact reason why. And that exact reason is going to be because of the correlation that the energy sector has with regard to Light's Recruit. The top panel of this chart is Light's Recruit. The bottom part of the center panel is the XLE. And below that is the correlation. Bars above zero have a directional correlation. So we know that we've got a topping pattern on the weekly basis. We've got prior resistance from the top on the monthly basis. The daily wave seven top that's in place out there. Does that mean that's on the XLE? Is the XLE going to head lower? Well, I would say if we can confirm that Light's Recruit is going to head lower, then I would say, yeah, we've got the signal that the energy sector is going to head lower as well. So now let's go ahead and switch panels again. Let's go back and let's take a look at Light's Recruit. So if you give me a moment, which you don't really have a choice, we'll get back. Those are going to be the XLE charts. We're going to switch these over to Light's Recruit and we'll take a look. Oh, I know we're going to do the larger panels. I'm going to change different screens out here. So let's take a look at the bigger picture. To do that, I need to change screens out here because right now you're looking at gold and silver. I don't want to do that. Not that I don't want to look at them. But this is the chart that I wanted to take a look at. So it's the upper set of panels that we're looking at out here. You've got the yearly chart over on your left. We're trading above last year's close. That's bullish. Trading above last year's high would be very bullish. The monthly chart price right now is trading above bearish structured profile resistance. And that's at 87.43. It's only the 20th. But if, in fact, we get a close above 87.43, that would be a bullish signal on a monthly time frame for Light's Recruit. In the case of Light's Recruit on a weekly time frame, what it's doing is trading above profile. It's trading above its green oscillator and change line. It is very likely targeting resistance. And resistance is that prior roadsman to indicator top against the November contract you and I are looking at. And that price point is $94.34. Hector and Patty, if we see Light's Recruit close above $94.34, I could guarantee you, as much as I can guarantee anything, that the XLE will also follow suit and will be trading higher. If we take a look at the daily time frame, what we don't have out here with regard to the daily time frame is any kind of a top. Yes, yesterday was a bearish shooting star cable. It just sets up a resistance point. But there is no confirmed A to B equal CD the upside. It just hasn't occurred yet. So I don't have a topping pattern. Yes, there's resistance at yesterday's high because that was a bearish shooting star. That's at 92.43. What we can see so far, the pullback today, has been nothing more than a test and rejection, at least it was 11.25 of its green oscillator and change line. That means that conditions here are bullish, period. Plain and simple. However, there is a new profile. Why aren't the profiles showing up here? Well, let's change that. Let's add those out here. This should show the new profile as well. Let me get down there and add that indicator. Sorry about that. It has boxes. And let's change that to each price change out here. And there you go. So we have what Light's Recruit did today. It tested both the bottom of this new bullish structure profile. That's at the 89.28 level straight and above its green oscillator and change line. The daily conditions out here still remain bullish. So what's Light's Recruit? It's bullish for the daily. It's bullish for the weekly. It's bullish for the monthly. And it's pretty much bullish for the yearly time frame. Watch Light's Recruit as well if you're trading the XLE. We'll be right back. Old report. As a precious metal, gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The Gold Report. Tom O'Brien publishes his weekly Gold Report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African Rand, as well as 25 different mining 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 TFNN.com. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority and technical market analysis. And it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 AM to 4.00 PM 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. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN, educating investors. Adding stock options to your portfolio can be a major game changer. But the full complexities of these instruments can oftentimes allude even the most experienced traders. Whether you're a seasoned trader looking to sharpen your knowledge on options or you're completely new to the market, Teddy Kextat is here to help. On Wednesday, September 27th, from 4.00 PM to 5.00 PM Eastern time, Teddy is hosting a live stream that will teach you how to capitalize on time with calendar stock option spreads. Teddy will also go over how to trade stocks and other market movements without large capital allocation, how to expand portfolio diversification, how to maximize potential returns, basic entry and exit techniques, and more. If that wasn't enough of a reason to attend, Teddy will also be answering all questions live. If you're serious about making money in this market, head over to the front page of TFNN.com today to sign up for Teddy's live stream. TFNN, educating investors. 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. Folks, let's get to our next request that's coming in from Dizzle inside the Tiger's Den. Let's take a look at the silver out here. So we've got a multi-time frame charts out here. Dizzle, if we take a look at the daily timeframe, you'll see a nice TD9 count bottom that formed on September 14th. It was then finalized on September 15th. Price right now is taken on resistance. That's the top of its daily profile. That's at 23.74. You'll want to watch that at day's end. If price closes above that, that's going to seem to be a good thing. Price closes above that. That's going to suggest that silver wants to continue to move higher. Its next higher level, coming from the daily timeframe, Dizzle, would get us up to the 25-22 area. That's a TD9 count breakdown level. So at day's end, watch at 23.74. Now as I look at the intraday charts out here, do we have to be worried about, as you get to a resistance level on the daily timeframe, 23.74, if there's going to be a top there, we should see some topping signals on the intraday charts. Turns out that on the 60-minute timeframe chart, it completed a TD9 count top. The price right now on an hourly basis is trading above that high. Doesn't matter to 1131. What's it trading at at 12 o'clock? And if price closes above 23.78, 23.785 to be exact, then that will have negated that signal, and that will suggest a further upside move. It's a 16-minute timeframe Dizzle that is the only one on an intraday basis of the time frames that I'm looking at that shows any kind of a topping signal. So I pay attention to the daily profile level. I would be paying attention to 60-minute timeframe chart for silver out there. So I hope that that helps you out and provided you with the information that you needed. If not, just write back to me and we'll get you what you were looking for. So that says, let's go take, well, look perfect. I wasn't sure where I was going to go, whether I was going to go to Bogart Dogs Google or Johnny D's GDX, but instead we're going to go to the default, which is taking a look at what's going on inside the US dollar index via a review of the euro, the yen, and the pound out here. Looking for any kind of clues from the market before Powell gives his speech today. So as we take a look at the euro, this is with regard to the US dollar index that we're looking at out here. With regard to these are the three components that make up about 80-some percent of the US dollar index. What the euro has done, the euro completed, we talked about this yesterday, the euro completed by the D point pattern. It did that when it generated this three river morning star candle formation. That was candle formation between September 14th and September 18th out there. Price right now is above its oscillator and change line. It is red. It has struggled to get above that level. A close above 1.068 today, would suggest a further move higher or otherwise a weakening of the US dollar index. Remember, the US dollar index has got that new profile that formed and it has support down at 104.35. So that's an area you'd want to be watching on the US dollar index as well. I would say the price target, if in fact the euro today is able to close into its most recent swing point, that would mean a close above 1.0705. Price ought to go target 1.0769. And price can get above that. The next area of resistance would become from the high of August 30th and that would be out at 1.0945. On a yen standpoint, there's a roadshed indicator signal that is present. Right now at 1.1133, it's a bearish shooting star candle. I have no idea if that's the candle that it will look like at day's end. If it were to be a bearish reversal candle, that would confirm a roadshed indicator top. That would suggest price would be lower. That would really suggest that the yen would get stronger, the dollar would get weaker. If we look at the Great British Pound, the Great British Pound yesterday, albeit small, because the prior day's body was a small body candle, yesterday's candle wrapped around the prior day's body candle. This would be a bearish, a bullish engulfing. When Hector and I and you were take a look at the XLE, we were looking for a bearish engulfing. This was a bullish engulfing. Candle, let me just simply spread out the charts or we're all looking at the exact same thing out here. Let me expand it this way. You can see the bullish reversal candle. Now, we've got a bottom. We've got a buy the D point bottom inside the Great British Pound. But as you can see in looking at this chart, if the pound is gonna have anything more than a counter-trend move, we need to see a close above 1.242 or thereabouts. That number's gonna change as price moves higher and lower out there. But a close above that red oscillator and change on it would say the pound once gets stronger, the dollar once gets weaker. If we were gonna make the prognostication as of 1134, we'd say prepare for the US dollar to get weaker. However, we'd also say watch that 104.35 level, the bottom of that new profile that in fact has formed out here. Why would we say watch that? Because if price closed below that, let me switch to panels now. Give me a moment. We looked at this yesterday, but I wanna re-look at it with you again today. If price closed below the bottom of that daily profile, and you can see coming off of the lows from back here in July, we have seen no closes below the bottom of a daily profile. We had a couple of tests of it back in the August timeframe, but no closes below. So if we did see a close below 104.35, what that would be signaling to you and I is that we have a change in trend. And then we'd have to go take a look at other possible areas for where price might head to. But right now, let's just keep it pretty simple with regard to today's activity. And what you're really gonna be doing is you're gonna be paying attention to that with regard to the day's activity as it applies to the impact that we'll have on the equity markets, on gold and silver, and the GDX. Hey, that was a nice segue, wasn't it? Because we had a request from Johnny D to take a look at the GDX. So that was a nice segue. Let's get over to those GDX charts out here. Let's turn over to the white background charts. We'll pull those up. And Johnny is long. So with regard to the GDX, what we have right now, the GDX is taking on a prior swing point. And if you can close above that prior swing point, that's a swing point from right here on August the 30th. If you can close above that, it'll set up an A to B equal CD pattern. So it being the high of that candle session, the high of that candle session is $30, even Stephen. We're trading right now at $29.97 on my charts that are up to the second out there. Here, this white background chart says $30.04. Doesn't matter where it's trading right now. Where's it trading at 4 o'clock? If it closes above 30 bucks, you then will have triggered an A to B equal CD. Does it have volume behind it? Well, the volume on that trading session, August 30th, was 14.5 million shares. Today, you've done six million shares in two hours of trading. Does it have the volume? It absolutely does have the volume today. So Johnny D, what you're looking for is you're looking for price to take out that swing point high with volume. Now that's the good news. Sometimes good news also has bad news. And the bad news is, right now you've got bar number eight of a TD9 count. 90% of the time when the GDX or any instrument forms a confirmed top or bottom that is on candle number eight, it goes on to successfully complete that pattern. 10% of the time it doesn't. So this could be a 10%er, but right now the beauty of what you're looking at is, hey, you want to take out that swing point. The bummer is, well, you can get a TD9 count top that forms between today and it's Wednesday and Friday out there. Let's look at the weekly timeframe chart. The weekly timeframe chart shows that price is trading above its oscillator and change on it. It's also trading with inside its bullish structured profile. If on Friday, price can close above 29, 78 or thereabouts, that's again that oscillator and change on it, it'll change as price moves up and down. But let's use 29.80 as a guideline out there that would then suggest to move up to 30 to 36. That's what that would suggest that could be over time because of the potential for a TD9 count top inside of the GDX. But one of the things that we know for certain, or relatively certain, much like the XLE and the lights we crude are directly correlated, so to with regard to gold and the GDX out there. So we really gotta pay attention to what Goldilocks is doing, not just pay attention to the GDX patterns. But overall things look very good today on September 20th and maybe you get a further rally for the next couple of days. Maybe it just completes that A to B equals CD and then you get some kind of a pullback. So Johnny D, I hope that that helped out with regard to the GDX. We get back to this break. Let's take a look at Google for Bogart Dog inside the Tiger's Den. 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? 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Trade CHAU or CHAD, directions daily CSI 300, China A share bull and bear ETFs. China A shares in either direction. Visit directioninvestments.com today. An investor should consider the investment objectives, risks, charges and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact direction shares at 866-476-7523. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk including the possible loss of principal. The fund are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four-Side Fund Services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Folks, let's go to our next question out here. Next question coming in from Bogart Dog inside the Tigers. They want to take a look at Google-y one. And if we take a look at Google right now, what we've got is you've got a Rojment Dominicator top that will be confirmed today as long as we get this bearish and golfing candle. And that's what we have present at the moment. Price is traded within side. It's a profile. Now, we can see in the case of Google, Bogart, that price trade above the top of its bearish structure daily profile for more than two consecutive sessions in it for four. That says if this is just a counter trend moved to the downside price will find support right around 136.47 or 136.28 or thereabouts right now. So watch that 136.47 level. Because even if we get the top, the confirmed top today and we've got a wave number seven top I see letter G out there. But even if we get the confirmed Rojment Dominicator top, if price doesn't close below 136.47, I'm not talking 136.45 or something like that. If it closes below one, if it doesn't close below that, it could just still be just a counter trend moved to the downside. Now, that's especially true when we look at the weekly chart because on the weekly chart, you can see A to B equals CD patterns. There are at least two or three different A to B equals CD patterns that we could draw in there. What we don't have is we don't have a confirmation of a top. What do we need there? We need that bearish reversal candle. Not that we can't get it at week's end, but we don't have that certainly at Wednesday at 11.43. And we don't have any other kind of topping signal and prices trading above resistance both at the top of its profile and a screen oscillator and change line. On a weekly basis, if you're an intermediate term trader out there dog, well, this is bullish period end of story. And if we look at the monthly chart, the monthly chart which has a beautiful TD9 account bottom, prices trading above profile, prices trading above its green oscillator and change line, it too is bullish. So longer term, the signal we're getting from Google is it does want to make a move up to the 152.10 level. The daily timeframe is saying we might have a timeout. Now, that timeout, even if we do get a close below 136.47, could just be a move back to the bottom of that profile. That's at 134.36. If price were to close below that, that would then be telling us that the retracement is going to be deeper and the price target would be where it broke out from, where price broke out from. And that was at 12804. So those are the steps that I would take a look at. We could take a quick peek here at the 30 minute timeframe chart on a 30 minute basis. What do we see? What we see out here is a rogment to indicator top. We see an A to B equal CD to the downside and price trading below one breakout level. The A to B on a 30 minute chart out here looks like this. Here's A to B. Let's go ahead and just simply move that over to the C point. The C point's going to be the highest level after we form that B point out there. The highest high that takes place, that's where you would simply attach this to. That would become this candle session. It looks like it's that candle session right there. And now you can see on the 30 minute basis, we've achieved the one to one. Now, the C to D leg out here, which we're in, is on the very left hand side of that angle. We use the exact same angle that formed A to B as we do for C to D. This says that it should be more than a one to one A to B equal CD. But you want to be on the lookout for a bullish reversal candle. If you get that, well then, what you're going to see out here is at least a counter trend or a rally attempt. And that rally attempt would get us up towards the 137-ish area out there. But right now, we don't have a confirmation of a rally attempt. In order to get that, you need to see a 30 minute bullish reversal candle. So, Mogar, I hope that provided you with the information you were looking for on the Google-y one. And thanks so much for the request. Dan O writes, and he says, Dan, see, thoughts on the intraday Carvana, 10 or 15 minute or 30 or 60 minute, please. Okay, so to do that, Dan O, what I need to do, and this is going to take just a little bit of time, but we're going to do it. First, I've got to find it. So it's going to be radio show charge multi-time frame. Okay, here we go. So now these have got to populate, unfortunately, before I can go ahead and put in the new symbol of Carvana. But this will give us our 15, our 30, and our 65 minute timeframe charts out there. I might even have a 10 minute somewhere and I don't see one. So right now it's going to populate the Microsoft charts, but we're getting Carvana CVNA right now. Geez, CVNA, okay, let's do that. Let's see if that works. Let's get over here. Let's get rid of that. Come on, get rid of that. Okay, now it should load up here. So at a moment, we will have the Carvana charts. I don't have any other requests that I see either by email or inside the Tigris den. But if that's the case, then we'll talk sake because there were a couple of questions that came in. So I wanted to be able to direct people. Two of that I was going to use that for the last segment. We've got about three minutes left. So here we take a 15 minute chart here, Dan, for Carvana. Let's get that first timeframe that you're looking for. What do we see? I see price trading below profile and a red oscillator and change line. As long as those condition remain, price should go target the low from 1130 yesterday morning, that's at 46 to one. The volume there was 829,000 shares as you were coming down into it. It was with, this is on the last 30 minute bar, it was with 285,000 shares. So it's come down with lighter volume, but watch that oscillator and change line. As long as price remains below it, a further move lower would be likely. You get back above it, now that changes the picture. 30 minute chart out here. We are also below profile and potentially, oh well, we closed below profile on that last 30 minute bar, the profile level that you're watching here on a 30 minute timeframe is going to be 4672. Price closed below that. Odd's favorite, we go test the lows from yesterday. What happens if we get below that on a 30 minute basis? Well then the next price target area would be 4445. That's the 30 minute timeframe chart. Let's take a look at a 65 minute chart out here. The 65 minute chart shows price consolidating with inside its profile right now. It says on the 65 minute, which would be 1140, that would be the next candle. If there's a close below 4672, that too suggests some lower price. Now you also asked about a 10 minute timeframe chart. So let's do this here. I don't need a 30 minute on this chart. I don't know why I've got that. So let's change this to 10 for you. So the tools that I use, folks, they work for every timeframe, whether we choose a minute or not. The only thing I've got to do here because the oscillator and chain, let me just do this here. Let me just change it to load up the template so that it matches everything. So on a 10 minute basis, there we go. And now we'll have an accurate chart. So on a 10 minute basis, what you don't like is this had formed a TD9 count top. And that TD9 count top is now taking price below its breakout level of sport of 4705. That's really should have held. So this too is suggesting that it may make and move down into that low from yesterday at about 1130. Daniel, does that provide you with the information that you were looking for? For Carvana for its intraday time periods? I hope it does, but if not, let me know. And good, you like it because you are short. So there you go. And you know what to be able to look at. All right, so that takes care of all those questions that have come in here. Now, there are a bunch of questions. People, not a bunch, there were about three or four. People wrote in and said, hey, I'd like to try Saki. The problem is when they go to restaurants, and I get this, the common theme was when I go to restaurants, they don't have any, they don't have any knowledge about Saki. And when they look at some of the prices, they're like, why would I spend that much money when I might not like it? And that's really a good valid point. That's one of the reasons why Saki is not as popular as really it should be out there. It is a wonderful beverage. It's a wonderful adult beverage. Here's what I would suggest that you do. The first thing I would go to, you should at least try this Saki. And these are beautiful Saki's and they're very reasonably priced. I would go to high time wine sellers. They're out in Costa Mesa, California. They shipped to most states will allow you to have product shipped in. Florida absolutely allows you to ship in. And go and put up to Cy, just put up to Cy, D-A-S-S-A-I, great brewer of Saki. And really what you're looking at, depends on your price point. Here's what I would suggest. I would suggest if your price point is such that do you want the best Saki for $64.98 or to DeSci 23. If your budget is a little bit lower, go down to either DeSci 39 and DeSci 39 out here. Right here, you can see the price, $34.98. If that's still a little bit pricey, go down to the DeSci 45, $25.98. All those are Junmai Digenjos. I'll tell you what that means when we get back from the break, but what that really means is pure. That's what you want with the treat Saki. You're welcome. Adding stock options to your portfolio can be a major game changer, but the full complexities of these instruments can oftentimes allude even the most experienced traders. Whether you're a seasoned trader looking to sharpen your knowledge on options or you're completely new to the market, Teddy Kextat is here to help. On Wednesday, September 27th, from 4 p.m. to 5 p.m. Eastern time, Teddy is hosting a live stream that will teach you how to capitalize on time with calendar stock option spreads. Teddy will also go over how to trade stocks and other market movements without large capital allocation, how to expand portfolio diversification, how to maximize potential returns, basic entry and exit techniques, and more. If that wasn't enough of a reason to attend, Teddy will also be answering all questions live. If you're serious about making money in this market, head over to the front page of TFNN.com today to sign up for Teddy's live stream. TFNN 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. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman in your inbox every day. First time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com, educating investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pesavento on stocks you need to pay attention to. And you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. TFNN has launched the Tiger's Den. Hosted at Discord, TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. The Tiger's Den, available to all tigers and tygruses 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. Welcome back, folks. Now back to our Socky section of today's show out here. So decide 23 in the upper right-hand corner to watch us on Tiger TV. This is a Socky where each rice kernel has been milled down 77%, which is really great. The biggest I've seen things milled down to is 1% out there. While we were in Japan, we had a couple bottles that were milled down to 97%. The point is that the more you mill down that rice kernel, the more pure that the flavor. Socky's basically, it's really two things. It's water and the rice. There's a third thing that can be added and that would be alcohol-type fillers. If you stay with Junmai, so when you're looking at a menu, you stay with any Socky that says Junmai, you will not have those fillers in there. Whether it's Junmai Ginjo, Junmai Dai Ginjo, just Junmai, doesn't matter. So that's one thing you'd really like to be looking for. Now here, on the society 23, it's 65 bucks from high-times wine sellers out there. When you go into a restaurant and you see it on the menu, it's gonna be 250. Now the wonderful thing about 225, 250, there's a place I go to, they charge 300 bucks for it. I bring my Socky to those places in the state of Florida. The laws allow you to bring your own. The restaurant can refuse that, but most of the restaurants here, 99% of them, let you bring it in, they charge you a corkage fee. Usually 25, 30 bucks would have you. Well, I had 30 bucks at $65, you're at $95, drinking a beautiful Socky out there, not having to pay that price that's on those menus. Now, who wrote in? Jimmy D said, hey, he's got a desire for the unfiltered Socky. So if you like unfiltered Socky, why don't you try this Desai 39 out here. This is a, oh wait, where's the, oh here it is. This is Desai 45. This is a Negori, this is an unfiltered Socky. Now, unfiltered Socky says there is still rice residue. That's why it's white in that, in that bottle. It's because there's still some rice residue in there. Try the more pure stuff as well out here. But this is the easy way to taste Socky. You gotta drink with, you gotta drink this while you're eating fish though. That's the best way. Folks, stay tuned for great programming. I'll see you on Terrific Thursday. Enjoy your Wednesday.