 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 March 22nd, the terrific Tuesday edition of today's Trader's Zed Show. I'm your host, E.B. Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. I hope everyone out there is having a great day. Hey, let's make sure we have an extraordinary one. And the easiest way to do that is to always remember that life is happening for us, not to us. That's right. We do not make that. One little two-by-four shift means we can find the gift. It means we can find the gift and every set of circumstance that life is going to toss at us. Now, today, you and I will 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. I want you to know I'm absolutely grateful for your presence here. But more important than that, 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 in 877-927-6648. Look, if you can't dial in, we've got you covered there, too. You can let those fingers do the walking. You can send me an email. Send it to Steve at tfnn.com. Inside the subject heading, please put radio show question, of course, in our Tigers. Then, well, any and every ping will do. So let's go ahead and get this show started on terrific Tuesday. Of course, this is Tiger. Financial News Network. I'm Steve Rhodes. Welcome to Lush Show. Right now, you get all the U.S. Industries trading to the upside. The Dow up 282 points. Eight tenths. S&P 1%, 1.1%. That's 49 points. The Nasdaq, 100, 251. One to three quarters percent. Eight tenths for the Russell. That's 16. Semi's are up about eight tenths or 26 bucks. Tranny's up six tenths, 92 bucks out there. You've got the Spot Ballotics trading lower. Targeting it's lower Bullinger Band reading. Gold is off $10. 19.50 is the print. 19.2060 is the bottom of its daily profile. So it's testing profile support. Silver trading just below the bottom of its daily profile. I believe that's around 24.95. It's trading out at 24.87. Lights recruit down $2.34. 109.78 is the print there. Natural gas up a nice 23 pennies. Trading right up into a prior swing point. If you take that out, we've got a breakout message for it. The 30-year Treasury back one full point. An 8 ticks. 148.12 is the print. We'll take a look at that. I believe today is day number nine of a TD9 count. Or maybe it's the day following bar number nine. But we'll take a look at that. It says that you could see a bottom form. Maybe as early as today. Today or tomorrow. But we'll go back and get the counts. We'll make sure we get those things right out there. As far as what's lead the charge, dollar-wise, you've got Google. 81 bucks, nearly 3%. Amazon 74, a little over 2%. Mercado Libre up $61. 5%. Shopify 45 bucks, nearly 7%. Booking holdings 32 bucks, 1.5%. To the downside, it's oak to ink. Down 3% or 5 bucks. Arch resources, 5 bucks, 3%. CVR partners, 5 bucks, 3.5%. Eli Lilly, 5 bucks, 1.5%. So we've got things to look at, of course. I want to look at what you want to look at. There are no requests as we speak right now. So let's just simply go take a look at the ES mini. We'll switch up panels out here. We'll take a look at our eight-panel screen. Momentarily, we'll have that up for you in the upper left-hand side. We will begin by taking a look at the monthly time frame. Again, on the monthly time frame, you've got a TD9 count top, priced below that green oscillator and change line. So you've got a bearish to neutral type signal, what we'll call it. In the case of the ES mini, it formed a Rosamund Dominicator top, took price back to its breakout level, $41.26. And now what price is trying to do, or targeting, where it's likely headed to, is the oscillator and change line. That's currently printed. And we speak right now at about $45.13, prices at $45.00. Now, if price were to close the week, not Tuesday, not Wednesday, but on Friday, if price were to close above that level, that would be very bullish for the ES mini. Now, when I say very bullish, that would suggest that we should see higher price. We don't have that yet. That could be or should be where countertrend move would peter out. Now, if we take a look at the daily time frame on the white background charts, we certainly can see that price is above the top of its profile and likely targeting $45.14. Close above $45.14, which is the TD9 account breakdown level, that would suggest higher price. Now, we'd say higher price to where? Well, we've got that $45.00. So that was $45.14. And the oscillator and change line of the week is $45.12. So that takes care of both of those. So where would the next move take us to? I'd have to say back to the prior swing point in the $45.57 level, back on the February 9-ish type time frame out there. If we look for intraday type signals out here, we've got, well, I take that back. We have one topping pattern. I guess there's a buy the DSL, the D point on the 30-minute chart, which took price right back to support. So if price is able to close above today's high, that negates that signal. The 60-minute has a TD9 account. That took place as we came into the noon time frame. If price close above that high, it negates that. This is still a neutral signal on a 60-minute basis, because price above that green oscillator and change line. So you've got a top, but you've got price, you've got a rising price oscillator above zero. That is a bullish condition. I do see wave number seven that may form here on the two-hour time frame chart. So there are a couple more topping signals than I initially thought, but still nothing has broken through support. The real key level for support inside the ES mini is all the way back down at the 44-40 level. I'm not saying that's where price is headed to. Just in that would be a key level of support out there. So that's our look. How do we summarize the ES mini out here? Look, short-term topping signals. The levels have been broken. Maybe price pulls back to the 44-87, 44-89-ish type area out there, but if price is able to close above that 45-14 level, that says we've got more movement to the upside inside of the ES mini. Let's go take a look at the charts for the NQs, see what kind of clarity we can get from those charts. Again, we begin by taking a look at the monthly time frame. You've got a TD9 count-top, took price back towards, not to its breakout level of 12-207, whereas in the weekly chart, which has erodesment to indicator top, price did come down and test and reject its breakout level to 13-462 level. It also created a TD9 count-bottom. Now the NQ is taking on the resistance level. We're going to try to take on the resistance level of its weekly oscillator and change line. That says we should see a price move up to 14-722. At 14-771 is the TD9 count breakdown resistance level and at 14-865 is the top of the profile that has been generated by my white background charts out there. So to summarize this, in order to get a breakout message inside the NQ, it would have to see a close above 14-865. And if you get that, you're going to be above the weekly oscillator and change line. That's going to suggest to move up to the 15-636 level. We don't have that signal. These are just simply the levels to watch. You know the battlegrounds ahead of time. We can clearly delineate those. That way you know what is going on. We'll take a look at what's going on on an intraday basis out here. The only topping signal is a 60-minute chart. Again, I'll take that back. I see an A to B equals CD on the 30-minute chart. Price might pull back to 14-557. A close below that would say we're headed to 14-538. 14-538 is the oscillator and change line for the 60-minute time frame chart that does have a confirmed rogement and indicator top. But again, if we take out today's high, take out today's highs, those signals fail. And what they would be then suggestion is that move to 14-771. Don't see anything else inside the NQ there to pay attention to. Just long as we're on this page, we've got a few seconds here. I'll just throw up the gold charts. We take a look at Goldilocks. Not really going to see a whole lot here, other than price just hovering around the bottom of its daily profile. And that's in that 19-20 level out there. On the intraday charts, what do we see? As Stevie likes to say, that much. Steve Rhodes with TF&M. Great man. 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 TF&M, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. 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I've looked at the 30-minute timeframe chart. It has a butterfly buy pattern. It's an A to B equals CD. Pattern of the downside, it was an expansion of the swing point from 10 o'clock in the morning on March 21. That was yesterday. So now that we've got to buy the D point, you're also inside a very wide-ranging profile from a 30-minute perspective, bullish in structure. And this suggests that price should make its way to 1926. Now, it's favored that move as long as price remains above its red oscillator and change line. 1980 is the print, we're trading in 1920 right now. So if price could hold this level, we should see price take on the 1926 level, maybe it gets above that, maybe it doesn't, but that's its target area. That is the only thing really that I see on the multi-time frame charts for Goldilocks out there. Let's go to our first question. First question coming in from Hector and the fuel injectors. That would be Patty. And Hector wants to take a look at ticker symbol WFC. That is Wells Fargo out here. What we're going to do is put up our eight-panel charts for Wells Fargo. WFC again is a ticker symbol. And let me see what the question actually is. Happy Taco 2 for Tuesday. You've got Wells Fargo and Exxon Mobile. Do they still have the upward mojo? So great question. The mojo is dealing with these sellers right now in Wells Fargo. Hector, that's right at the top of its daily profile. So let's open up the daily timeframe screen. And the snipers, so to speak, are sitting right here at exactly $53.40. And price is trading at $53.40. So really, it's going to be the, you're asking, do buyers still have the mojo? You're going to find out today. If priced out volume-wise, what I can share with you is it has done so far about 16 million shares. Now, the B-point of an A to B-equal CD would be the March 16 timeframe Hector. And that had 34 million shares. So it's not taking out the B-point with volume. It doesn't mean that it's not going to form an A to B-equal CD. But that's a potential. But first, the battleground is at this $53.40 level. And not that if it can't take it out, it doesn't mean it doesn't have its mojo. But it certainly doesn't have the volume you'd be looking for to take out that mojo. But if it did find that mojo, then what you'd be looking at is moved to $59.32. That's based upon the daily timeframe chart pattern signals. That's its TD-9 count breakdown level. On a weekly timeframe, we can see that Wells Fargo also trading under resistance. That happens to be its green oscillator and change line. So much like we would take a look at the ES and the NQ, that's at $54.30. So that would be a real key level that if price can close above that, now we've changed it from the $53.40 level to the $54.31 area. But price really needs to close above to then really get a signal to you that it's got its mojo and to move back to at least $56.35 out there. If we look at the other Wells Fargo charts, things still look bullish. I mean, they'll get the monthly timeframe. No topping pattern here. If anything, you've got a breakout message that it wants to move to higher ground. It gave you that message the month of January when price closed above its TD-9 count top. And what it hasn't done is taken out that $54.04 level. That's a TD-9 count breakdown level on the monthly basis. But nonetheless, that price did pull back this month. Tested and rejected its green oscillator and change line. That was after it recently changed color. So the longer term timeframe here, Hector, does say that it has its mojo. Price is just dealing with these resistance levels out here. And you've got the daily, so you know what's going on there. On an intraday base, I don't really see much here to be paying attention to, at least at this stage. So I hope that helps you and Patty out with regard to Wells Fargo. Now let's go ahead and try to populate these charts here for ExxonMobil. This may take a moment. Well, not that it may take a moment. It will take a moment as it churns through all the calculations for those different four timeframes out there. But what I can say is that ExxonMobil, both yesterday and today, are trading above the bottom of a daily profile. That's a daily profile that formed yesterday or a couple of days ago. You can see it right here. And the bottom of that profile is at the 80-83 level. Now, what you want to see here, Hector, to answer, well, first let's just open up the daily timeframe chart. ExxonMobil forms a TD9 count top. Does it on bar number eight. Price pulls right back to its breakout level of 76-20. That's the buy area. That was March 16. And now what Price is dealing with is resistance. It dealt with one resistance level yesterday, the bottom of that profile at 80-83. Now the next area that it's dealing with is that green oscillator and change line. Price can close above that. Currently that's printed at 82-63. You then should see it move up to its bearish structure daily profile. So those snipers are really sitting Hector and Patty between 85-41 and 86-93. So it had its mojo. Price pulled back. Did what it was supposed to do. Tested support. That is still bullish out here. And now you've just got the battle going on between the bulls and the bears. We know exactly where they're situated. If I look at a 130-minute chart, you do have a TD9 count top. That says that if Price can close above 82-51, that would be negated and suggest to move to 86-23. Price above the oscillator and change line, so it's really a neutral signal for that. You've got a roadmap to indicator top on the 30-minute chart out here. No real bottom signal per se, but if Price can get back above 82 bucks, then a false breakdown will have a form. But otherwise on a 30-minute basis, you could make the case that this is going to try to pull back to 78-53 out there. I'd be more focused on the 130-minute chart right now than I would on the 30-minute timeframe chart. So Hector and Paddy, that's what I see on a Taco 2 for Tuesday. Thanks much for writing in. Haven't heard from you for a few days, so glad to hear from you. Of course, folks, I would love to hear from you as well. 877-927-6648 is the call in number. No request as we have at the moment. I don't see anything inside the tiger's den. If there was a request that was put in there, would you please just retype that? And we'll immediately get to that. In the meantime, we'll go take a look at some other things. Well, no, J&J, okay. So that's coming from G7, J&J, Johnson and Johnson. So we'll take a look at that. That's going to go ahead and populate here. Take a moment. But in the meantime, I can share with you the Johnson and J&J. Stevie, learn how to type J&J. There we go. Johnson and Johnson has a new profile out here, G7. Your resistance level, or the top, I should say, is at 177.16. The bottom is your support level. And that is at 171.71. Now, the area you really want to pay attention to, because this is a bearish, structured, daily profile, is 174.43. Odds would favor, if there was a close below that, that sellers would have the strength to push it down to support, again, which is that 171.71 level. The monthly type has a TD9 count, which has really led to a sideways consolidation with inside its profile. And that's, in essence, between 160 and 174.23. The weekly type frame chart out here, I don't see much of anything. Well, I'll take that back. We open it up. We see a TD9 count top. That was at its high back in August. So it looks like that is where price is going to target. Now, on a separate screen, I'm just going to take a look at the volume. The volume on that swing point from back on August 16, this is the weekly timeframe of the week that began on August 16, was 29 million shares. Last week, you moved into 49 million shares. Now, you tested and rejected it. When you test and reject something with, the volume says you're going to be back up there. Well, that's what it's doing this week. This week, you're at 10 million shares. Not bad for a Tuesday, because you're really going into 29 million shares. So what it looks like Johnson & Johnson is doing is really pushing up into that swing point to suggest that it wants to go test that swing point and hide that TD9 count. Now, if it took that out, that would be a very bullish outcome. Coming back to the daily timeframe chart out here for Johnson & Johnson, what do we have? We had a TD9 count that was negated on March 15. So that looks pretty good too, G7. So what you've got going on here is just simply a battle where the sellers reside. That's pretty simple. That's right up at the 177.16 or 174.23. Otherwise, all looks good. A possible double top? Yes, sure, but the price line to the top is fair to be great. 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We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional Money Back Guarantee. Don't miss out on this incredible new piece of software, get your copy of the Art of Timing the Trade Charts today by visiting TFNN.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Welcome back, folks. Let's go to our caller. It's going to be... We're going to be second here. Let me see who's got the line. We've got Gary. It's a new Buffalo, Michigan. Gary, thanks for calling. Thanks for holding. How are you today? Hey, Steve. Good to talk to you. How are you doing? I'm doing great. Nice to hear. How's the weather up in Michigan today? What are we missing? It's funny you asked. Yesterday was 50, and it was beautiful. I'm over in Chicago today. It's turning blustery and cold and supposed to maybe snow by the weekend. Okay. You remember those good spring days, right? Absolutely. Yeah, it was absolutely. Winter's not over. We're probably getting there, don't you think? Yeah, we're obviously getting there. Yesterday was just beautiful. The real question I know... The real question is... I'm sure that you're going to ask is winter over for the 30-year treasury? The TLT, I think, is what you're calling about. Tell the folks what you're looking at and how it can best help you. Well, I'm just... I do a lot of macro stuff and reading and I apologize. I made it out today, so you may have already covered it a bit, but I'd heard you had an opening, so I just wanted to kind of go over it, get your thoughts and see where you think it's headed in maybe the longer term here in the next three to six months. If you want to look at that, if there's any indications in the monthly chart or things like that. Well, I've got the 30-year treasury up on the screen. I've got my synthetic version of the contract so that we can take a look at the actual profiles for longer periods of time. And right now, the news is that prices below the daily, weekly and monthly profile level. So that's not a good scene. That then takes me over to a quarterly time frame. In Gary, on the quarterly time frame, the price target to the downside would be $138.22. We're trading at $148.11. Now, that's what the bigger picture looks like. Whether we get down there or not will probably be proven tomorrow or the next day. And the reason is, I'm going to go ahead even though you're listening, when you go back you can take a look at the archive on this. And that is, I'm going to put up my white background charts and we're going to see on the daily time frame here that today is the day following bar number nine. So as it's making a low out here, it is going to complete a TD-9 count pattern today. So you should see at least eight bounce from here. That bounce should take price up to $138.11 should take price up to about $151.5 or so. I would say that would be the target. But the cool thing here is that if we see tomorrow, if we see a close below today's low, whatever that ends up being, or we see a close below today's low the next day, that will tell us about that this pattern will have been negated or failed and tell us about a strong moment to move to the downside. We're going to be drawing A to B equal CD patterns, but no reason for me to do that at this moment because we have that price target to the downside of $138.22. Now typically when you form any questions so far, I know you're just listening or maybe you're watching on Tiger TV on your phone, it could be. No, I don't have it on my phone at this point. Yeah. No, not at this point. Okay, so typically Gary when we see a daily time frame that gets to a resistance or a support level in this case here, we're hoping support level from the standpoint of forming a bottoming pattern. We like to see intraday time signals say, okay, yeah, you got a daily bottom. You should see the turns forming in the intraday charts. Well, the 30-minute chart does have a confirmed rogement to indicator bottom. So that took place this morning at $10.30. Now price hasn't really done much out here. It's just traded sideways. But to at least have a bottoming signal we don't have one on the 60-minute. That needs a bullish reversal candle. We don't have one on the 120. That needs a bullish reversal candle. You do have a TD9 count bar that's formed on the 240. So you've got a bottoming signal there. So we've got bottom signals on the 30 and on the 240 and you could even get one on the 5-hour chart because this is going to be bar number 8 out here. So the answer to your question I think will be revealed to you and I tomorrow. Right now it's got the potential but certainly not enough to take a trade. And I think you wait until you get those type of signals. But again, if we see a close blow today's low, whatever that is, that tells us that the 30-year Treasury is headed south and I would say the next target will be 138.22. Is that specific enough for you? That's actually great. It just gave me the numbers I need to kind of watch. So we're looking for a close below today's low if we have that and we're in trouble as far as if you're long. Right? Yes, and so far and I don't know what today's low will be but so far it's 148.05. And again, I think we're best to take our decisions from the actual 30-year Treasury that we are by taking a look at the TLT. So that's what I would be looking at. And I'd be looking at the 30-year Treasury chart and hopefully in the morning you'll sort of get a good feel for whether or not we've made a turn or not. At least a viable bounce type turn that could take us to the 151 level. Okay, I may call at the end of the week I've got another question for you but I'll leave it for you at the end of the week and we can maybe cut back in this. You're welcome to ask now. I don't have any other requests or anything. Oh, you don't? Okay. I believe it's a TMF. No, let's finish this though. The question on this is the TLT, the way I've read through the makeup it isn't, I wish it was just the 30-year. I would really like to be doing more with just the 30-year versus the mixing it up with the 10 and some of the other stuff that's in the TLT. Is there another instrument that I'm missing that would just have the 30-year straight that you're aware of? You know what I mean? As opposed to the TLT which has a mixture. No. First of all, thank you for doing your homework on it. Okay, which you have done and you are correct, it's just not the 30-year Treasury that is inside there. The 30-year Treasury is one that's closest for us to be able to make those types of decisions. You're absolutely right about that. I do have the TLT up on my screen right now so if we were just going to pay attention to the 30-year here we don't have a TD9 count bottom. We do have a potential of wave number 7 or G but we need to see a higher low and you do have a road indicator signal trigger for the daily timeframe and that would need a bullet reversal candle. If we did get a bounce, whether it's the 30-year or coming from the TLT, that says that the counter-trend move should find resistance at about 131.91. That's on the TLT out there. But it's a great question that you asked and the closest thing that I've been able to find and I think most others have been able to find is to pay attention to that 30-year and you know, that's one of the great signals out there. Okay, got you. Some of the macro stuff I've such a divergence of who controls the 10-year versus who you know the 30-year and what goes on in that so anyway cool. On the macro stuff Gary, I think the one big macro piece you've got to really consider here is we take a look at what's going on geopolitically we know we know that uh... the actions of the u.s uh... had that they've taken against their russia uh... have been to uh... to uh... to provide all kinds of sanctions go after all kinds of people's up personal money and assets out there and uh... so the signals been sent to uh... china that if you do something we don't like taiwan related russia related uh... we're going to go ahead and confiscate your assets as well so what you've got to be aware of is that the uh... second largest holder of u.s. treasuries is china and so the signal to china is to sell sell sell and certainly sell into every rally out there so gary if you believe that china might take some type of move over taiwan uh... trading the uh... the thirty-year treasury the upside could be a very dangerous thing so i'll just leave you with that i hear the music in the background always great to see you we look forward to speaking to you again soon that's gary a new buffalo michigan will 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 clear water markets tiger real estate l l c 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 from the price you should be paying per square foot in certain up-and-coming areas to the type of cash flow investment properties are capable of creating tiger real estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future called tiger real 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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 our question here from peter in park city peter says as steve with the strength in the fbang stocks has the new york stock exchange advanced decline oscillator chart shown any weakness compared to last week i happen to put that chart up on our screen here preparing for peter's question mr bill and the tigers den made a comment he said hey steve you've been looking at the advanced decline oscillator line on my chart bigger moves up after a retest of the 150 value and so what he's picking up on here so first of all and we're looking at panel number two where you see the yellow horizontal lines you'll see a plus 150 a minus 150 and a minus 250 the 150 levels are when the new york stock exchange moves into its either oversold or overbought condition so we're in an overbought condition being above plus 150 now the other piece of information when we see a close above plus 150 what that tells us we should see higher highs in the future now turns out that right now we are seeing higher so first answer your question peter which was there any weakness compared to last week and the answer is yes at the moment today today is that first signal because we still see a higher high in price but we see a lower high in the advanced decline oscillator that sets up a divergent pattern out there now one day of divergence does not mean you know go ahead and pull the triggers and load up the truck and go go short but yes we're beginning to see a divergence i have other divergences on my screen noted here we can see that those divergences will typically lead to some type of retracement out there sometimes they're deeper so how do we know when this is going to give us some type of signal we have to look at a number of different charts here because we are looking at the york stock exchange that would be certainly one chart to take a look at as we take a look at it we can see that the new york stock exchange is strong it is in bar number five of a td9 count it formed with a gigantic rogement indicator bottom and td9 count on february 24th i mean that is a gigantic hammer candle that held now with the new york stock exchange we don't have a topping pattern out here peter and mr bill and uh this would suggest to me that what price is going to try to do is get up to the 69 69 so the question is will the advance the client oscillator continue with that diverging pattern we're also only in bar five of a td9 count i don't know if that will be the topping pattern but if it were to be the topping pattern we've got three to six sessions left before we would see that so that says even next week peter before we could use that but to answer your question and to answer mr bill's question there is a divergence that is beginning those divergences typically lead to some type of retracement but what you like to see is some kind of top for example let you see i mean i don't know this but back in january january fourth we had a uh a similar diverging pattern out there and if we try to come back to january the fourth well turns out january fourth was bar number nine of a td9 count now folks i did not know that i did not do this ahead of time i'm not pulling you know i'm just you know something out of my you you know what it's just typically when we see those divergent patterns when they really have meetings when we get a topping signal and in fact in the new york stock exchange that's what we did last time that's what we typically do not always so we also want to pay attention or i want to pay attention to what's going on the equity future contracts as well but not to belabor the point but we have the beginning just the beginning of a divergence i don't know whether you're just going to turn into anything or not it doesn't appear that today is the day but it could be hey we're in kind of like wartime stuff and uh you know so anything can happen but uh you do have that spot bulletin explode it's 50 day exponential moving average as long as we're here let's go take a look at that that should go target that lower bolinger band is pretty close to it lower bolinger band is a 2221 we're trading right now at 2290 out here um price inside the es many i think we talked about this it's above the top of its weekly profile right now so that's really kind of a bullish mess a bullish message out here as we speak uh so yes you've got the divergence but nothing to take action on as we speak right now but definitely something that we want to keep our eyes on so thank you to both of you for just simply making a request or pointing that out now no other requests always take that back we've got one here from jim wants to take a look at platinum jim thanks for writing in and make sure which chart we're on we're in the black background where would we buy or be able to buy point b is this question so let me do this here let me get over to the platinum charts it'll take just a moment so we take a look at platinum we are trading the we're trading the april contract still so i'm going to go over to my other chart just takes me a moment here to set this up and those top and bottom eight panel screens out here so let me get platinum april i'll get that going here and then we'll evaluate what the black background charts are telling us so the answer to your question though jim specifically i would say the buy point would be at around 1280 that is the bottom of its bullish structured weekly profile that has been tested now it's a weekly profile but it's a daily time frame that we're looking at as far as the candlesticks are concerned so that was tested rejected on march 15th it was tested rejected on march 16th out there that was also a rising trend line so it could be the rising trend line if we're going to get granular out here i mean it could today that would be at about 989 tomorrow be just slightly higher than that maybe it's 990 or so i would just go with the thousand and two level as a potential for your buy point out here for platinum let's go change over to our white screens to see if there's any additional information that we can provide jim with here uh there we go so you should have those screens out there and now what we're looking for i'm just looking for some kind of signal out here for you so no topping signal no well and no toppings look i yeah just no topping signal i'm kind of focused i apologize for the delay there i'm really looking at the 195-minute chart it does have wave number seven top out there price below the bottom of that profile so that says you could see a further pullback but at the same time the 65-minute chart here generated td9 count bottom so i guess those would be the two time frames that i would be paying attention to you've got a td9 count bottom on a 65-minute basis the top of the profile is 1025 you're above that that says a price wants to go target 1031 a price test and rejects a 1031 level jim that would then suggest a pullback retracement in that case there right now that level i'd be looking at is about 1023 or so out there so our buy points are between 1002 and 1023 at the moment 1025 yeah right right in that zone so that's the best i've got for you for platinum and again i would watch the 65-minute time frame chart see how price if it does and it should be able to get up to that 1031 level it doesn't have to i'm not saying it has to do it today um it should be able to get up to that area now the only thing that holds it from doing that it should really be able to do that that's the move it should be able to make if it gets above that then you've missed the buy point the buy point would have then been this morning on that 65-minute time frame and that would have come in at 1120 or so or really wouldn't you wouldn't have gotten that confirmation until 1225 out here so that's what i see when i take a look at platinum jim thanks much for writing in i do hope that that helps you out this there let's see if there's any other questions that have come in i believe the answer is uh no i think we are good out here so we're about to go to a break last break before we do the two-minute wrap up here let's change back to the black background screens see if there's anything here that we need to be paying attention to there's our platinum chart let me come back and oh there was a caller on the line didn't see that my apology uh ron ron i'll try to figure out what it was that you were calling about my apology i didn't see you on the line out there and if i can find out what you were calling about i'll most certainly cover that she runs with tfnn 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 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back a little bit is it look like would it be too late to get involved and say you know uh about a month go out of a month on a on a call on calls well let's let's see what the stock chart tells us so first of all price ran into a buzz saw resistance yesterday which is a group of sellers those sellers resided the top of its profile uh daily profile that's at 236-73 and then at 235-76 was the td9 count breakdown level so a ton of sellers not unusual to see yesterday's price action as we look at this chart here for the entire j for the entire 2022 season apd air products and chemicals has not been able to close above the top of a daily profile your question is it too late to get inside this no but to really prove itself to you you know do you buy right here at resistance where it's sitting right at the top of that daily profile you're better by if you want to get into it run i would say be would be between 227 and 229 you 235 right now it price does close above the top of that profile that's a signal that okay this has got some juice and it should be able to make a run to 245 and above 245 your target run would be 251 38 251 38 is the top of the weekly profile what questions do you have based on that information all we have just about 20 seconds okay you say that's the way to get involved is about down to 229 um if i didn't go that okay uh what would be a breakout to port to get in on the upside yeah a breakout would be two consecutive closes above 236-73 and your 235-76 okay yes so just remember thank you very much sir i appreciate that you bet this has not been above the top of a daily profile since about uh december of 2021 hey ron thanks much for calling call back i really appreciate that folks stay tuned for two more great hours i'll be back with you tomorrow on wonderful wednesday have a terrific tuesday thanks again for joining us