 The following is a presentation of TFNN The Traders Edge with Steve Rhodes Toll free at 1-877-927-6648 or internationally at 727-873-7618 The Traders Edge now Steve Rhodes Good morning folks, welcome to the April 1st, the magnificent Monday edition of today's Traders 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 and the easiest way to do that It's to always remember that life is happening for us not to us That's right. If you and I make that one little two-by-four shift It means we can find the gift in every set of circumstance that life is gonna toss at us now today You and I we're gonna go check on the circumstance of these markets We'll go figure out with those bowls and bears what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning. I want you to know I'm absolutely grateful for your presence here But even more important than that and that's this during this next 53 minutes. I'm here to serve you So feel free to pick up that phone You can dial on it at 877-927-6648 now if you've got a question But you can't call and you can send me an email send that up early if you will send it to Steve at tfnn.com And inside the subject dating, please put radio show question Of course if you're inside our Tigers then well then any in every ping will do so let's go ahead and get this show Started on magical magnificent Monday, of course, this is Tiger financial news network I'm Steve Rhodes. Welcome to the show. We start our day with a mixed bag out there We got some indices trade the upside some to the downside to the downside It's a Dow 218 points about six tenths percent a quarter percent for the S&P or 12 points seven tenths for the Russell 15 points Treadies are down eight tenths under 33 points to the upside the semi is up one and a quarter percent 62 points And a NASDAQ is up 15 points, which is basically flat out there gold is up 18 bucks with silver being up nine cents Lights recruiters up 80 pennies natural gas up six cents and a 30-year treasury down nearly two points printed out at 118 19 our leaders in the clubhouse. Well, that's not to the upside. That's to the downside. Give me a moment here Don't know how Stevie changed that Point point point. Where's the point point losers? We want point here. We go point gainers. How about to the downside? It is equinex. It's leading a charge the downside dollar wise off 17 bucks 2% 15 Toyotas down 10 bucks or 4% inspire medical systems 10 bucks 5% centos down 10% Down 10 bucks one and three tenths percent to the upside. It is super micro $43 day 4% move for it as mill holding 39 bucks 4% Broadcom 18 bucks Mercado Libre 12 bucks KLA Corp up 13 bucks So we got some movers and we've got some shakers Let's begin our day by take a look at the equity future contracts We'll switch over and take a look at the well first actually while I'm here Let's just do this quick peak here. You can take a look at the daily time frame for the ES many What do we know about it? We know that it has a rogment indicator top at 53 20 to 75 Now quite frankly you could get a another confirmation of that today because you've got a key reversal bar already We don't need that but it would set up the next resistance level assuming that we do trade lower So there'd be two resistance levels 53 22 and today's high would be at right now It's at 53 33 50 now if we do close above 53 22 75 the ES many will lose that bearish reversal candle signal And it would negate that TD 9 count top in the case of the NQ doesn't look likely that that will happen that being a Negation of that roads meant to mitigate her top up to the 18709 level, but this has just really traded the sideways out here We haven't gotten through yesterday's low. We have gotten above yesterday's what I say yesterday I mean really Friday Thursday's high out there if we take a look at the Dow the Dow has a roads meant to mitigate her top as well This is also a key reversal bar. So that too just like the ES many would generate a second Resistance level today's high. That's assuming that his candle formation sticks and that's up at 43 58 It's 43 16 that would negate that TD 9 count top out the other roads meant to mitigate her top The TD 9 count top is going to go ahead and complete today for the For the Russell 2000 for I'm sorry. I take that back Right now today So what yeah, actually that so the roads there's a road meant to mitigate her top that formed and it's still in place for March the 8th out there and price on Friday Thursday's close was just was just still below that 2146 level now today You can see we've exceeded that this road meant to mitigate her topping signals still in place out here We have a key reversal bar as well much like we hit do on the Dow out there So that would set up a second resistance area unless you were to see a close above 2146 open and confuse anybody out there Basically, my point is we still have tops daily wise in the ES the NQ the Dow and the Russell 2000 out there So that's the day the daily timeframe message says caution That caution signal is really getting a little bit loud out there if we take a look at spot politics Which right now is trading above its 50-day exponential moving average the 50-day is trading out at 1376 the spot The the 50 days at 1376 the spot politics at 1392 a close above 13 Close above 1376 is going to suggest that sellers are the ones that are now in control of a market How about the New York Stock Exchange Advanced Client oscillator? It's below zero now It's been moving back and forth and back and forth So I don't want to hang my hat on any reading here But nonetheless if price did close below the zero threshold level today It's just bullets minus three basically out there Would also be a signal that sellers are getting ready to take charge now if sellers get ready to take charge Where is price headed to so that's the question because we always want to understand We're support and resistance out there now in a daily timeframe We were looking at some levels profile levels out there We can take a look at both the daily and the weekly together just to give us give ourselves a good view because we really do have mixed signals out here Not just isn't a mixed market today We've got mixed signals as an example we take a look at the yes many We've already covered that in a daily time frame straight below that oscillator and change line I get a downside target would be 52 57 turns out at 52 57 It's also the top of the weekly profile So that's a pretty strong or could should be a pretty strong level of support if price gets down there Watch that area. What happens if that area fails? Well, then we go to the next level The next level would really come from the weekly timeframe chart, which is that green oscillator and change on you can see during this rally Once we cleared that oscillator and change line Which was a November 10th on a weekly basis any pullbacks have found support at that line Makes sense that if we're gonna continue this rally into April and May that not a pullback in the yes Many would find support at that level. We don't even know price getting it down there just yet But if it did that area right now is printed out at 52 39 So those are your downside targets who share with you the reasons why if price is moving lower Well, we know it is right now at the moment and each of these still have those daily topping patterns out there on the daily end Q its target level with price being below that oscillator and change line would be 18 to 24 We can see you still have a teeny nine count top That's in place out here on a weekly timeframe prices trading with inside his profile levels So its area of support is down at the 17 945 to 180 70 area 18 to 24 would be the level to be watching in the case in Kate in the case of the Dow equity future contract Why am it still has a roadsman to mitigate her top out there today? We'd just be a secondary one, but a close blow 40,000 even Steven 40,000 is the oscillator and chains line tells us that prices lost momentum If it's lost momentum Where's it headed to where the first place to be paying attention to is gonna be this recent swing point from April March of 26 out there that swing point range is between a low of 39 six fifty seven and a high of thirty nine eight twenty two If the Dow equity future country at close below thirty nine six fifty seven then thirty nine three fourteen would be its target Steve Rhodes with TFN. We'll be right back If you're looking for potential trading setups in the stock market then rocket equities and options report as a newsletter You should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination Fundamentals and technicals sign up for rocket equities and options report today with a 30-day money-back guarantee So you have nothing to risk for all the details and to start your subscription today visit the front page of TFN and comm TFN educating investors Many trading newsletters attempt to focus on a narrow set of equities or commodities While this works for some it oftentimes misses many opportunities that possess huge gain potential But how is an independent trader supposed to scan the entire market looking for these hidden opportunities? One simple answer the opening call newsletter Basil Chapman developer of the Chapman wave trading methodology has been trading the markets for longer than most trading influencers have been alive And over that time he has honed his methodology in order to accurately call movements in a wide range of equities From semiconductors to uranium to key indices and so much more Basil is old-school taking the time to educate the trader while also giving his insights into key indices Selective stocks and more Opening call subscribers also receive access to dozens of educational live streams that can be accessed at any time for your edification All first-time subscribers receive a 30-day money-back guarantee So ignore the pop trading influencers and start learning time-tested technical analysis 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 it is 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 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 Tigris's for just one dollar 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 Toll free at 1-877-927-6648 internationally at 727-873-7618 Good back up folks. We'll go back and take a look at the uh indices equity futures Let's move on to a couple of requests that have come in thus far. The first one is from david h in Panama City wants to take a look at ticker symbol alb. Is that alby marl out there? That's what we've got up on our screen It is and david's in the 130 calls. So let's take a look at what we know here about alby marl Let's take a look at the daily timeframe. Let's open it up. See what we see out here We see a rogment of indicator bottom. It was tested This formed back on the actually formed on february 6th. That was a confirmation It was low february 5th that swing point had volume of about 3.8 million shares It was tested with 19 million shares tested and rejected boy. That is a strong area of support So tested rejected with volume the very next day the volume on this was 15 million shares still volume as it did that Retest out there. We haven't been back down there So you want to just potentially be careful knowing that you do have that high volume low from march the 5th What we have right now david is price on uh, wednesday was able to get in suites daily profile On thursday it confirmed that it uh, it it it liked that level that level being above 126 83 That area has been tested so far this morning Ideally you will see this instrument still trade above at least its green oscillator and change zone, which is below profile support Currently that's at 124 40 if you were to see a close below that Could be signaling that we just moved back to the recent lows or that we get back towards that high volume low out there So keep that in mind really watch that 126 83 level we'll take like an intraday chart See if we see anything out there If in fact price could hold 126 83 level it should make its way up to its cell zone The cell zone which is created by the bearish structure daily profile is between the range of 137 74 and 143 19 So that becomes a likely target as long as price certainly rains above 126 83 And uh and that green oscillator and change line below that right now printed out at 127 40 That's the message of the daily time frame now You're in the uh calls that expire this week So the weekly may not be that helpful to you on the other hand Maybe it is and what's that we take a look at this weekly time frame chart We have a roadsman to indicator bottom that that pattern was formed or was confirmed on february 23rd When there was a hammer candle that hammer candle has also established the bottom of its weekly profile Which is at 112 87 the center is at 112 87 That is a strong level of support that if closed below on a weekly basis says we're heading lower Now what looked good on thursday last week was the fact that price closed above the top of that profile 130 80 We're back below it now So we can't say that there was a profile change in trend until friday of this week And that would require a close above the top of that profile again that number is 130 80 So if we're trying to understand why did price on a daily time frame basically stop where it did We have our answer. It is where those weekly sellers reside up at that one again that number was 130 80 I think it was uh, no what yeah 130 80 is the number out there So you might want to kind of keep that in the in the feather of your cap out there with regard to your Options trade out there if we look at the monthly time frame chart all that I see out here Well, when I say all that I see maybe there's an a to b equal cd to the downside that's been completed So let's take a look at that real quickly. I'm just going to move that a to b point over to the c level No, it didn't really complete that Yeah, so we can't say that so the monthly chart all that I can share with you there David is that price is consolidating with inside his profile. Let's take a look at some intraday charts out here So as price was dealing with the top of the weekly profile What was generating out here was a roadsmen dominicator top and that was a bearish and golfing candle that completed at 10 a.m Price also closed right below the bottom of its bullish structured 30 minute profile And now price was dealing with the support area of where it broke out from on a 30 minute basis We saw one closed below 127 27, but the very next bar got above it So we don't have a change in trend signal on a 30 minute basis But if we do get too close below 127 27 And you'd have your answer and your answer would be that price is headed lower out there on a 30 minute time frame That next price projection level be down at 1964. I'm not saying that's where it's going We'd want to take a look at like the 65 minute chart and some others But that's what we see right there. So if you're trying to understand why did price find resistance where it did this morning Where it did on thursday, it's really because of where those sellers are at on the weekly time frame So david h I hope that that provided you with the information that you were looking for if not Go ahead and write back and I'll make sure that I get that out to you We've got a david that wants to take a lean hogs inside the tiger's den And inside the tiger's den folks, which you should be a member as well If we take a look at lean hogs out here, you can see that price is negating a rogement Dementicator top now as long as price closes above the high of april 18th march 18th That's at 103.475 as long as price closed above that that topping pattern gets negated Now we can also see that there's an a to b equal cd to the upside My eyes say that this retracement from b to c is less than a point six one eight retracement So odds now favor that this will do or could do or should do more than a one to one now The one to one price projection is approximately the 105 level 104 Maybe 70 somewhere along those lines nice wide-ranging bar. That's getting up into that area A to B equal cd patterns do not end on wide-ranging bars out there So it doesn't look like even if we get up there that this is a sell the d-point pattern What you'd be looking for what you'd be waiting for is some type of bearish reversal candle on the daily time frame Now on a weekly time frame. This has a td9 count top And that top is at 103.475 if on friday price closes below that This tells us that lean hogs are getting ready to rally even further out there And that would go along with the idea that uh price will do more than a one to one a to b equal cd to the upside So the level to watch at weeks end throughout the week is going to be that 103.475 The top of the weekly profile by the way Is up at 103.475 as well So that becomes your real key level But what it looks like to steve is that hogs want to continue to rally further Let's take a look at a consecutive days up and down out here See where we're at on its dance steps And it looks like a pretty bullish market to me Why because all of the moves back have been for two consecutive days out here with the exception of one three Consecutive-day move back into march 21st out there So lean hogs look like it's going to get a little bit more costly for bacon out there So hope that helps you out, uh, both at david's and if not right back to me and i'll get you the information you're looking for Dan inside the tiger's den would like to take a look at ticker symbol spro spro is drumroll johnny Sparrow therapeutics. So what do we got going on with regard to sparrow therapeutics? Well one this formed a roadsman to medicator top It took price right back to support and support was the buy zone established by that bullish structure daily profile The buy zone was in the range of 1.64 to 1.66 now We have price trading above resistance It's above the resistance of its daily profile and a close above 178 today Will be a close above the resistance of its osceter and changeline that osceter and changeline is green A close above a green osceter and changeline is a bullish move In other words for the daily time frame price would in essence be in a bullish breakout mode However, it still has that bearish and it still has that uh roadsman to medicator top now that roadsman to medicator top out here Would get negated With a close. Well, it looks like it's gonna get negated today. All it really needs is a close above 1.78 Well, we're at 1.79 right now. So kind of watch that dan Um, if price closed above that that says we head back to its highs And when the weekly start would say where you're really headed back to is 183 To 186 out there dan. That's what I've got when I take a look at spro. That is sparrow There are putics spro's with tf and ed will be right back Hi folks, this is tom o'brien. It's the 22nd anniversary of the gold report. Can you believe it? We've taken 22 trips around the sun together and we have many more to come This year alone the gold report has returned over 50 and I want you to come along for the ride I provide in-depth analysis of the gold market as a whole in addition to providing outlooks on individual mining equities For a limited time, you can save 35% off the monthly price for as long as you subscribe 35% savings will be applied to the current monthly price and it will stay with your subscription forever With gold pushing all time higher as gold equities trading higher and inflation still raging This is a great time to try my newsletter the gold report First time subscribers get a 30 day money back guarantee. So you have nothing to risk Just enter promo code 22 years of checkout and you'll see that 35% savings applied to your subscription price And this deal will stay with your subscription for as long as you subscribe Don't forget just enter promo code 22 years at checkout 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 a.m. To 4 p.m. Eastern for free Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts To help you make the right moves with your money watch online at tfnn.com or on tfnn's youtube channel And become the investor you were born to be tfnn educating investors Are you ready to take charge of your financial future? tfnn is your gateway to the world of trading and investing Whether you're starting out or scaling up tfnn empowers traders and investors of all skill levels with top-notch investing systems Strategies and techniques it's time to protect and grow your money with insight you can trust Join us live monday through friday during market hours for exclusive content that moves with the markets at tfnn We bring the trading floor to you our season hosts are here to answer your calls and questions live on the air Check out the tiger's den for just one dollar and follow us on youtube and become part of our vibrant community And remember at tfnn we're so confident in the value We provide that we are for a 30-day money back guarantee on all new premium newsletter subscriptions and services You have absolutely nothing to risk So why wait tune in live to tiger tv and transform your trading journey because when you know better you invest better Join us and experience the difference today tfnn educating investors This portion of the trader's edge is brought to you by directions daily leveraged and inverse etfs Whether you're a bull or a bear you choose the direction visit direction dot com Investing in the funds involves significant risk and should only be utilized by investors who understand the impact of leverage and actively monitor their portfolio They are not designed to track the underlying index or security for more than a day before investing carefully consider a fund's investment objective risk charges and expenses contained in the prospectus available at direction dot com Read carefully distributor four side fund services llc Welcome back folks a lot the u.s. Dollar index we talked about this during the 11 a.m. Update It is achieved the 1 to 1 a to b equal cd price target out there And its retracement suggests that it's going to do more than that now We're taking a look at the three currency pairs that represent 83.1 percent of its holdings out there So we don't need to take a look at the other The other Currency pairs the the yen the corona and the frank out there What we take a look at the euro u.s. Dollar chart though This is what I want to bring to your attention is that today is going to become bar number eight of a td9 count And prices approaching its breakout level. That's at 1.0732 So there is a chance a pretty decent chance that we would get a td9 count bottom pattern that forms between today and wednesday of this week If in fact we get that we should then see a rally now that rally would take us up towards that oscillator and change line That's currently printed at 1.082 We're 1.074. So it'd be a pretty decent rally out there Should that unfold so want to pay attention we want to keep close attention to the euro And we'll look at it tomorrow. We'll put up the interday charts as well Just to see if we get any kind of signals out there now the Right now the dollar's got a perfect storm for it to continue to rally out there. Why is that? Well, we've got 83 of the currency pairs that are suggesting so so the euro's headed lower that puts strengths and strength inside the U.s. Dollar index the yen is headed higher that puts strength inside the u.s. Dollar index out there And it's it does have a td9 count top with price finance support at that oscillator and change line And a price were to close above the high from uh, march 27th It negates that td9 count top that level to be watching for the yen is 151.971 If it closes above that it says it's going to further weaken and the u.s. Dollar index would get stronger The great British pound did have a buy the d-point pattern It had that when it formed a bullish piercing candle back here on a march the 25th Price was never able to really do much and never even got up to the oscillator and change on which is red So not a good signal, but it still has need to be equal cd to the downside Likely targeting this most recent swing low from back on february 5th And that's at 1.2519 if price closes below that we'd likely continue to head lower But you'd be watching for a bullish reversal candle to confirm a buy the d-point pattern out there So we want to be on lookout for these three currency pairs see what they do But right now they're suggesting that the u.s. Dollar index should continue to strengthen out there Okay, let's move from here and let's go take a look at How did that work out really so daily? Uh, okay, you're on bond there we go. Let's go take a look at a request a couple requests that came in from lb So give me a moment. We'll get over to those charts here Okay, and lee would like to take a look at uranium u r a is the ticker symbol. This is the etf I believe uranium u r a is traded above the top of its daily profile it closed above it on thursday It's trading above it today. It's trading above a potential resistance level Which was the high from rj that generated bearish engulfing candle out there and that was up at the 29 46 So if you are a lee closes above 29 46 today It's signaling to you and I that it wants to make it move up towards its td9 account breakdown level That's what the daily chart says 31 42 But before we can reach that final conclusion We need to understand what's going on on the time frames above and there we take a good weekly chart Where price has been doing has been consolidated with inside its weekly profile That's been in the range from 27 55 lee up to the top of that profile, which is at 29 83 So even though I gave you a number here on the daily timeframe And it was accurate with regard to the daily timeframe at 29 46 What we now know is you really need to see price trade above the top of its weekly profile So in order to get giddy, we need to see a close. We need to see price trade above 29 83 out there If we do that then that suggests moving back to that 31 42 level Now what we like about the monthly timeframe chart, which by the way is neutral at the moment Is that it formed a td9 account and rose meant to mitigate her top? Now that's not necessarily why we like it But we like is that when you form a top the question is how does support handle the move lower in this case here It was a true out rejection It had a buy zone on a monthly timeframe that buy zone in that form last month is between 25 89 and 27 0 1 it also has a green oscillator and change line which last month was tested and rejected now The resistance area here. That's a bullish structured profile. We are above last month's high That suggests that ura wants to run the 30 36 again It's all dealing with 29 83 first then 30 36 30 36 would be second followed by that would then be 31 42 out there So lb. I hope that helps out with regard to ura You had a twofer your twofer was nxe is an x ticker symbol So nxe is I don't know what we're going to find out Well, what it's doing is trading into a prior swing point and that swing point had volume So this is next gen energy. It's a swing point from february 2nd There was 5 million shares that were done that daily Well, guess what you're already up with 4.5 million shares So price is moving into that swing point the high of that swing point is $8 and 31 cents So far today we have been up to $8 and 32 cents So even though it looks like we have a rejection at the moment It's going to be a rejection with volume. It looks like price will close inside that swing point Price is likely to go retarget that high now if it closes above that high different story If it closes above that high it negates its wave number seven pattern out there In fact, it already has negated that because we traded above that today So that's no longer high that we're paying attention to out here So it's just really about that swing point What else well, so it's you know what it is. It's the monthly time frame lb That's that you're really dealing with that's of most importance and that is a td9 account Rogeman dominicator top and the top of the profile is that high that top of that profile is at $8 and I'm sorry is that $8 and 31 cents. So the key area for nxc is going to be 8 31 The daily says I'm pushing into it with volume. So that's a good sign The weekly chart we're too early into the week to know whether we are or we aren't but the weekly chart is bullish The weekly chart is actually in a bullish breakout mode Because price is traded by the top of its profile and that green oslater and change line Those are two very bullish conditions So now it's really up to the monthly time frame chart and the question is can this Negate that td9 account top and that's up at $4 and 94 cents out there. I don't know the answer to that question I'm not seeing anything on a 30 minute time frame to suggest that it can't Of course, anything can happen out there, but resistance is resistance until it fails and resistance can become sport This is a 30 minute chart by the way for nxc. We don't see really any kind of a bearish signal there at the moment So lb. Thanks much for writing in much appreciated. Let me check to see if we have any other requests been kind of a quiet morning out there um The answer is I don't see one. I don't see anything inside the tiger's den If inside the tiger's den you had made a request Please retype that in because I clearly then have overlooked that So without those requests, what do we want to go take a look at next out here rum? Okay, piper paul would like to go have a little bit of rum. Is that going to be dark rum light rum? I'm not a rum drinker by the way I don't actually drink alcohol other than a sake and wine and beer. I guess that's alcohol. I don't drink hard alcohol I haven't had hard hard alcohol Pretty much since I was nearly been 19 Maybe it was 19 years old Yeah, how about that? Anyway, Steve wrote to a tfn. We come back this break. We're gonna go take a look at rum If you spend any time online researching trading techniques on how to begin your trading journey You've no doubt come across many folks who push forex trading as a way to make big money quickly Unfortunately, there are equally as many stories of these so-called forex professionals Just looking to make a quick buck off aspiring traders without actually teaching the ins and outs of the forex market This is what sets teddy kek stacks the tiger forex report off the riffraff Every monday former chicago mercantile exchange member and author teddy kek stat releases his tiger forex report newsletter Where he dives into the complex world of forex and takes time to actually teach you his methods That have made him so successful in the fast-paced and rewarding world of forex trading Furthermore all subscribers receive access to archive live streams of teddies where he provides university level education to help you in forex trading All first time subscribers receive a 30-day money back guarantee. So what are you waiting for forex awaits? In the world of trading only a few names stand out like larry pesevento A pros pro with over 50 years of experience larry has seen it all a former chicago mercantile exchange member larry has authored 10 books and trained over 1 000 traders with his unmatched expertise Introducing fibonacci 24 7 larry pesevento's daily trading service that turns the complexity of markets into opportunities Published every sunday receive a comprehensive report packed with detailed commentary charts and videos that illuminate the patterns shaping the markets With updates throughout the week exclusively for subscribers Weather through charts or videos larry's analysis is your roadmap to navigating the markets You can sign up now at tfnn.com for just 97 dollars and with all tfnn newsletters backed by a 30-day money back guarantee You have nothing to risk for all the details visit tfnn.com. You'll find fibonacci 24 7 right under the newsletters tab For traders who crave risk directions daily leveraged and inverse ETFs provide opportunities to magnify Short-term perspectives with up to three times a daily leverage utilize bull and bear funds from both sides of the trade And trade through rapidly changing markets These are highly leveraged ETFs with daily resetting designed for short-term trading not long-term investing Whether you're a bull or a bear you choose the direction for up-to-date pricing and performance Go to direction.com Investing in the funds involves significant risk and should only be utilized by investors who understand the impact of leverage and actively monitor their portfolio They are not designed to track the underlying index or security for more than a day before investing carefully consider a fund's investment objective Risk charges and expenses contained in the prospectus available at direction.com read carefully 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 Rumble because we're taking a look at rum. That is actually rumble ink out here trading out at seven dollars and 19 cents as we speak It's been consolidated with inside its daily profile. It's level of support at 668 to the downside resistance 892 now this informed erosement to minucator top It did that on the trading day confirm that pattern on march the 14th That says not until price closes above the high of that pattern the high of that pattern is up at 812 Will you be out of dodge now the good thing is that prices move lower? So far has held support although it hasn't really tested support at the 668 level But trading below Fridays a thursday's low that is a pretty good chance It's that's where prices headed to is 668 if we look at the weekly time frame chart Price here has formed a new profile last week and that profile is between six dollars and 52 cents that at support Actually, you have a buy zone 652 to 711 piper and resistance up at 831 But we can also see 859 is its td9 count breakdown resistance level That's on a weekly base where you would need to see price goes above to suggest that this thing wants to move higher Turns out that the monthly time frame chart piper also is consolidating with inside his profile The range there is between 412 at support and 808 as resistance. So what is rum doing overall? He got just simply consolidation with inside profiles It looks to me like what rum wants to do is perhaps get back that 668 level What you don't want to see is a close below 645 if you do well, then price will go target 582 And the price close will 582 you're headed perhaps all the way back down to its recent lows out there But that's not what we see But that's what you would be on the lookout for because right now it looks like price much said lower Let's take a quick peek at that 30 minute time frame chart See what kind of signal we have out here if anything And we have a buy the d-point pattern So if we take a look at that this under 30 minute time frame, we'll draw ahead a td9 count top And here's your a to b line. We'll just simply go ahead and move this over Give me a moment We'll move this over to the c-point out there. It looks like it's about right there You can see that was confirmed just in that last half hour about 14 minutes go to 11 30 You got that bullish engulfing candle now. There's a new profile that's going on here inside of rum So what you want to watch here piper down we've gone down to the play-by-play the intraday chart you're inside a It would be very slightly bearish in structure So you're going to have two resistance points to clear out here The first one is it as at $7 and 27 cents if price can close above that the next one is at 741 If price is going to close above that price should move up towards the saucer and change I'm currently putting at 766, but that number is going to change if price in fact were to rally out there So why don't you use kind of like 7? 75 or so As a target 780 as a price target But first price is going to get through the the sellers at the 7 27 and 7 41 area That's coming from your 30 minute time frame So I hope that helped you out with regard to let's get ready to rumble rumble ink Ticker symbol is r u m out there Um, let's take so no other requests that I see quick peek. Let me see. Let me make sure let me get back down Uh last time you had liquor was in 1973 18. Yeah, you know what happened for me was Tell the story. It's not a pleasant story. Uh, I was it was a uh, I went to a private college for the last two years First year I moved away from home when I was 17. Not nothing was bad at home Just simply that was my time to uh to leave I graduated from high school and was gone of a september birthday It was um, I've been on my own ever since then and uh, uh Breweries through community college and I went to this small very small private school out there And when I say small it was 800 students. I pretty much went at it was a night school I worked during the day, you know on my own. That's what you have to do But so the first class one of the first class we had was a communications class the entire grade was based upon a random group of Five people the first day that you kind of you know, you pick who you're sitting around or what have you and uh on a presentation A presentation that you would give and we chose as a topic. I chose as a topic. I suggested as a topic Let's do mnemonics mnemonics. If you don't know what those are That's using different tools to be able to remember things And and I and everybody was kind of like, yeah, that would be pretty cool And I said, well, I'd like to if I'm going to learn anything we're going to spend, you know, a number of months on this I'd like to be able to learn how to remember people's names out there. So I got that as a task. Anyways To make a long story even longer We did this seminar and it just turned out. It was really great I mean they had us do it for a couple other classes, which we enjoy doing out there But we went out to celebrate and it was the weekend before finals. I actually had a full scholarship to this college and uh So we went out to this bar. We went to this restaurant It was quite a ways away from my house and one of the uh one of the uh students was good friends with the bartender And they were bringing over everything. I mean every kind of uh alcohol that you could possibly think of and I was mixing it We were having a good time and I ended up getting so sick That I wasn't able to actually make it to the final exams out there I mean I basically had uh alcohol poisoning. So that was enough for stevie I'm uh, I'm a one and done kind of a guy out there So uh at any event that's the story behind why stevie doesn't drink hard alcohol And I go pretty light when it comes to the wine and the sake out there Okay, enough of that maybe that was enough time for yeah, that was enough time for me to take a look Oh, someone wants to take a look at nvidia then bonds and arm. I guess I shouldn't have been talking for so long So let's go take the nvda. Let's see what we can do here Let's get all this done within about four minutes or so I say three minutes to go So when we take a look at nvidia you still have that roadsman to minicator top You have a new profile that is formed out here That new profile shows on a daily time frame a buy zone of 885 to 8908 That a little even off the pennies here out there So that's that's ready right now into its buy zone and resistance is up really at either 944 15 Or where that roadsman to minicator bearish and golfing candle occurred on march the 8th And that's up at 974 even steven the weekly time frame chart Just simply shows a consolidation with inside its profiles Is that a sell the d-point pattern out there it is So it's got a sell the d-point pattern established by that bearish shooting star the week that ended march the 8th out there If we take a look at um the monthly chart as bullish as can be But you want to watch support you're trading into the buy zone of price were to close below 885 37 We'd make a move down to about 849. That's the weekly oscillator and change line a close below that we'd be looking at 755 94 So that is nvidia. Let's go take a look at ar are those zb So let's take a look at the 30 year treasury. That is the june contract out here Let's get that up on our screen. That is for mike and Oh, no, that is for john mike wants to click arm Which we will definitely be able to get to if we take a look at 30 year treasury right now price is trading below profile support So that is suggesting to steve that what price should do is target its recent swing low That's from the trading session of march 18 and that's anywhere between the 1803 to 1828 level. We're already inside that swing point Okay, so it closed in but closed below 1828 today and it closed below the bottom of its daily profile It's going to suggest either run for that swing low that swing low 1803 or its breakout level 1725 That's what I see when I take a look at the daily time frame out there mike So I hope that that helps you out. Let's take a look at it was arm. This is for i'm sorry. That was for john c Don't worry. I'll I'll get it all straightened out here Uh, so when we take a look at arm out here, uh, mike price is also trading inside It's bullish structured by zone and that's between the range of 124 36 to 127 34 If price were to close below 124 36 Actually, what I would say is if price were to close below the center its daily profile So 124 36 will do the job if price closed below that the next downside Price target becomes 105 60 that would be the bottom of its weekly profile So that's what I see when we take a look at arm right now watch 124 36 at support 133 31 is the resistance level see roads with tf and n will be right back Hi folks, this is tom o'brien. It's the 22nd anniversary of the gold report. Can you believe it? We've taken 22 trips around the sun together and we have many more to come This year alone the gold report has returned over 50 and I want you to come along for the ride I provide in-depth analysis of the gold market as a whole in addition to providing outlooks on individual mining equities For a limited time, you can save 35 off the monthly price for as long as you subscribe 35 savings will be applied to the current monthly price and it will stay with your subscription forever With gold pushing all time high as gold equities trading higher and inflation still raging This is a great time to try my newsletter the gold report First time subscribers get a 30 day money back guarantee. So you have nothing to risk Just enter promo code 22 years at checkout and you'll see that 35 savings applied to your subscription price And this deal will stay with your subscription for as long as you subscribe Don't forget just enter promo code 22 years at checkout In the world of trading only a few names stand out like larry pesevento a pros pro with over 50 years of experience larry has seen it all a former chicago mercantile exchange member larry has authored 10 books and trained over 1 000 traders with his unmatched expertise Introducing fibonacci 24 7 larry pesevento's daily trading service that turns the complexity of markets into opportunities Published every sunday receive a comprehensive report packed with detailed commentary charts and videos that illuminate the patterns shaping the markets With updates throughout the week exclusively for subscribers Weather through charts or videos larry's analysis is your roadmap to navigating the markets You can sign up now at tfnn.com for just 97 dollars and with all tfnn newsletters backed by a 30 day money back guarantee You have nothing to risk for all the details visit tfnn.com. You'll find fibonacci 24 7 right under the newsletters tab Are you ready to take charge of your financial future? tfnn is your gateway to the world of trading and investing Whether you're starting out or scaling up tfnn empowers traders and investors of all skill levels with top-notch investing systems strategies and techniques It's time to protect and grow your money with insight you can trust Join us live monday through friday during market hours for exclusive content that moves with the markets at tfnn We bring the trading floor to you our season hosts are here to answer your calls and questions live on the air Check out the tiger's den for just one dollar and follow us on youtube and become part of our vibrant community And remember at tfnn. We're so confident in the value We provide that we are for a 30 day money back guarantee on all new premium newsletter subscriptions and services You have absolutely nothing to risk So why wait tune in live to tiger tv and transform your trading journey because when you know better you invest better Join us and experience the difference today tfnn educating investors Folks we got a couple requests that came in the first one from nicholas wants to know it was a time to get back into natural gas that's a great question On on thursday last week nicholas what the natural gas daily time frame Contracted was generated a rogement of indicator bottom. I did that by generating a bullish piercing candle What transpired today though is a new profile is formed So right now is not the time because prices up at resistance a resistance 1.8 57 If natural gas can close above that then that gives us a Rogement of indicator bottom It gives us a profile change in trend and that would then I would say yeah It could be worth the shot now the weekly time frame needs a bullish reversal candle this week Doesn't matter what it's doing on monday, by the way It would be a bullish engulfing candle as we speak right now So closing above 1.8 57 Increase the odds at the weekly time frame would also generate a rogement of indicator bottom pattern The monthly charts in the world of its own it's not really helping us It's not giving us any kind of a buy signal out there. So watch one dollar and 85 cents 1.8 57 out there And that will help to answer that question. So nicholas. Thanks much for taking the time to write in ron Is interested in a long-term position inside of cosco? Costco is this was this at its all-time high? Let me see here. It looks like it most certainly was what I was looking at Did you see that island reversal candle on the daily time frame? So here's the deal with island reversals. It doesn't get much more bearish than that now what price did out here Unless we're talking about the island reversal formed on well really formed within three days march 6th through march 8th But it was that march 7th day where we gapped to the upside Looked like we were headed to the moon and then that very next trading session Maybe that was after earnings and said what moon are you talking about? Well, what it was said to south We know which moon that was but price did find support of 7 18 28 You're looking for a long-term position here. You've got a td9 count top on the weekly And you've got and everything looks pretty good on the monthly chart But I would say Costco is going to pull back to the 7 18 28 level below that 6 8707 Maybe even 640 out there and the monthly chart has 676 written all over it Now is not the time to get into cost go ron But keep paying attention to the chart but my goodness It is really bearish on the daily and the weekly ain't so good either folks have a magnificent monday Thanks much for joining me. I'll look forward to seeing you on terrific tuesday. Take care. Be safe out there