 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 September 16th, the terrific Thursday edition of today's Trader's Edge show. I'm your host, Steve. Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. 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 need to make that one little two-by-four shift. Well, it means we can find a gift in every set of circumstance. That life is going to toss at us. Now, today, you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I just past one o'clock in the afternoon. I do 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 60 minutes, I'm here to serve you. So feel free to pick up that phone. You can dial in 877-927-6648. And if you can't dial in, hey, we've got you covered there, too. Go ahead, send me an email. Send it off quickly, not quickly, but soon. And send it to Steve at TFNN.com and inside that subject. And if you'd be kind enough like Michael does, he wrote in a radio show question. Of course, in our Tigers Den, any ping will do. So let's go ahead and get this show started on terrific Thursday. Of course, this is Tiger. Financial News Network. I'm Steve Rhodes. Welcome to LUS Show right now. All the indices trading downward with the exception of the trainees are up 26 points. The Dow is off 156. The S&P 20. NASDAQ 73. Russell 6. Semi is 13. New York Stock Exchange is off 72. Gold is down 3950. Silver is off $1.05. Lightspeed crude is down 35 cents. Natural gas back 16 pennies. Lead the charge dollar-wise. The upside, it is chipotle up 23 bucks. A little over 1%. Hub spot up $20. 3%. Lithium motors 5%. Or 15 bucks. Rooney's upstart holdings 15 bucks. Or 5%. Aligned technology is about 15 as well. That is 2%. The big loser dollar-wise to the downside is booking holdings off 36 bucks. Google is off 25. Blackrock down 24. Intuitive surgical is off 15. And pool corporation is down 12. That's about 2 and 3 quarters percent. Let's just begin by taking a look at the equity future contracts out here. So one of the things that we know is that the ESMini in fact did form a new daily profile. This profile here on the daily basis wraps around the prior profile. That generates a signal of a market that is going to consolidate in between those levels. 4436. 75 at the bottom and 4528. 75 at the top. Now there is a new profile that's attempting to form here in the Dow. So I'm just going to switch over to that. That's panel number two from the right and three from the left. This panel here shows support at 34477 and resistance at 35065. So the profile we looked at yesterday inside the Dow that did not take hold last night. I do not know whether this one will take hold or not. Back to the NQ. What's the NQ doing? We know that the NQ has support and its key level to watch is 1530195. That is the top of the weekly profile. Price gets down inside that are closed below that I should say. Then we're looking at a move to about the 15102 area. And if the ESMini were to close below 4436, that would signal move back to 4410. That's the center of its weekly profile. The Russell 2000. It's just hanging out at the center of its weekly profile. So nothing really more for me to report there. The Dow has tested and rejected the bottom of that new daily profile out there. So that's the daily timeframe. Why don't we go look at some short-term timeframes. Excellent idea. Let's go do it. Here's the 30-minute chart. So what do we know about the 30-minute charts for the equity futures contracts? Well, we know a couple of things. Number one, for example, in the ESMini, this is a little piercing candle right here at 11 o'clock. And that confirms an A to B equal CD down pattern out here. And price, I'm going to go ahead and remove that now just so we get rid of some clutter. And now price is consolidating with inside its daily bullish structured profile. But what is it that stop price where it did kind of dead in its tracks? Excellent question. The answer is DB's red and green line, the oscillator and change line. So what we can see here is if there's just a countertrend move and that's what the signal is at this moment, then the oscillator and change line will hold. If price closes above that, $44.52, you'd expect an anticipated run to $44.58. It's really the $44.58 number to the upside that you would be paying attention to. If price closed over that, the signal is higher price, higher to where? Could get up to $44.83. But right now that is not the signal. But watch that level, $44.52. Again, it's a bullish structured profile. You'd expect or anticipate that on a move lower, $44.37.50 would hold. So that's on the ES mini. You can see on the NQ out here, you also see an A to B equal CD down pattern, like a 1 to 2.618. This generated a bullish engulfing candle. So whereas we had a little piercing candle back here on the ES mini, let's go ahead and get rid of that A to B equal CD down pattern inside the NQ, this was a bullish engulfing. Now price was able to close above the top of its profile. So the NQ, now if we get two consecutive closes, so this candle does not close for another 18 minutes. But if you write down this on your sheet of paper, $15.427.15, if price closed above $15.427.15, come $2.30, you'll have two consecutive closes above the profile. Now what price is also doing as we take a look at the NQ, it is trading above its oscillator and change line. So the NQ is a bit more, I say just a bit more bullish than the 30-minute ES mini, because at least price has overcome that area. In fact, this is saying, hey, maybe more than a countertrend rally. We can't say that, I know I just did. We can't say that until price closes above $15.477.25. So here's what we would expect and anticipate. If price closes above the top of its profile, that's the NQ, we would expect price to make its way up to the TD9 breakdown level of $15.477. So slightly different message than the ES out there, but it is what it is. Let's go take a look at the Dow equity future contract. Now here we have no A to B equal CD down pattern. Why? Because we had that spike higher just as the market was opening during that 9.30 to 10 o'clock session out here. And so price and spike higher, there's no way for me to put it into A to B equal CD pattern. Price is trading with inside a bullish structured profile. You'd be watching for any closes below $34.455 says it's curtains. Curtains say price would head lower. If we take a look at what has stopped the advance in the Dow, it is its oscillator and change line. And that's printing right now at about $34.573 as price moves up or down. That would be the level to watch. If price closes above that area, you'd expect to run to $34.601 or maybe even $34.740. That is the Dow equity future contract. Now what the Dow was not able to do today was take out its prior lows. And so there's that Roadsman Dominicator signal from yesterday that we were talking about. Okay, let's finish this off by taking a look at the Russell 2000. What has the Russell 2000 done? Well, just like the Dow, I don't have the ability, I have the ability, but there's no A to B equal CD down pattern out here. So we've got two that did, two that don't. Here's what we know about the Russell 2000. She too closed above the top of its profile at 1 o'clock. That number is 2223, trading back below it now. But in 16 minutes, as this bar closes, if you, and I'm talking about happy hour, you know, when I say this bar closes, if price closes above 2223, that'll be happy hour for the bulls. And that'll then suggest to run to the 2229 level. I know you're wondering what's at 2229, Stevo. Excellent question. That's the TD9 breakdown level for the Russell 2000. We get back to this break. We're going to go take a look at December cotton. No, not December cotton. December wheat for Michael W. Steve Rhodes with TFNN. We'll be right back. 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. What's separating you from the most successful men and women on Wall Street? That's right, information. 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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 4.00 p.m. Eastern for free. Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN. Educating investors. All right. I'm going to continue this program in just a couple of minutes. I'm going to do a quick screen right now with no technical tools or anything out here. If we're just taking a look at this, I mean, it looks like an A to B equals C D to the upside. That set up this three river evening star. There was an A to B equals C D to the downside. That A to B equals C D to the downside Michael looks like this. It was basically a perfect one to one A to B equals C D pattern, Now, from a Fibonacci standpoint, if we do that, all by the d-points have five different, in this case here, this is a Gartley bi-pattern, Gartley patterns require, oh, I got to grab the wrong tool, sorry, Gartley patterns require, I think default will do this, have five different potential outcomes. The first outcome, just simply from a retracement standpoint, I know I don't do this too often. Let's get rid of the A to B equal CD pattern out here for the moment, I'll just turn that off. And so you can see that the first bounce is, it would be the first price objective is the .382 level, that's at 718.60. It basically got there, the actual high so far of the day is 716.60, so you're really right around that range, this would be an area where you would anticipate that some people might get off the elevator, that would just be normal. If we look at the TAS market profiles out here, we're going to see that price is trading above, so price is trading into a resistance area. That resistance area is its bullish structured profile, if I turn price off, you'll see that the center of this box, which is at 710.60, is closer in proximity to the top, which is 727.50 versus the bottom at A at 682.50. So this becomes your resistance zone, and again that zone is between, which it's in right now, 710 and 727.50, if price can close above 727.50, that price should make it to its next level, that next level being the .618 retracement area of 744.50 and above that 786 and so on and so forth. If we take a look at trend lines out here, and I turn off the TAS market profiles, you'll see that right now price is really trading in between trend line support and trend line resistance, those diagonal lines that are up on the screen. So this in essence is the full December contract with all of Stevie's tools out there. The only other thing that we can do, which we will by the way, is go take a look at the white background charts. So on the white background charts, we're just trying to see if there's anything else that we can see. So did I mention this? I probably did. If I didn't, I probably didn't. Which is price right now, Michael's also targeting the resistance of that oscillator and change line. It is slightly above it as we speak right now. So close above that would be bullish and suggest to move up to the 727.63 level. I don't know. I don't really have a ton of information on the weekly since we're using that December contract. Short-term why? If I look at a 30-minute timeframe chart, this did form a rogement and indicator top out here. This was at about three o'clock in the morning and went on to make an A to B equal CD to the downside. But right now on a 30-minute basis, price is above the top of its profile. So that is bullish and suggest that price tries to make a run for the highs, I guess not the high of the day. The highs of, not the high of yesterday, must have been a, well, that's interesting. What is this? It'll at least make a run for this 765 level. So Michael, I hope that helps you out. Thanks much for writing in. Next question from the Tiger's Den is from Mr. Bill. Mr. Bill wanted to take a look at support or resistance, really resistance levels I believe, or TAS market profile levels for Chipotle. I haven't looked at Chipotle for quite a while out here, Mr. Bill. Quite frankly, was surprised to see that it's trading up at 1,900. Man, what a rocket ship for just a fast food restaurant. Okay, so with regard to profiles, the only profiles for you to be concerned with at this stage here, with regard to CMG is going to be the daily, which is support or the bottom, which price is up above right now is $18.90, $49, and this is a bare structured profile. So a close above $19.30, $89 would be a very bullish message. So let's take a look at the daily timeframe chart out here, using the white background charts. We can't see arrangement of indicator signal. I don't have any real bottoming pattern or anything out here, but price is back above the bottom of that profile, Mr. Bill. Very likely targeting that resistance zone, 1920 to 1930. On the weekly timeframe, what do we have? No confirmed topping signal or anything on the weekly basis, on a monthly timeframe. No confirmed topping signal. The 30 minute timeframe formed a nice road, a indicator bottom at about 10 o'clock. This was on the 14th out here and it's had a nice run. Where price is headed to is the 1920, 41 level. That's the TD9 breakdown area. So that is Chipotle, Mr. Bill. I hope that helps you out with regard to that instrument and best of luck to you. Next question coming in by email. This one is coming in from David H. David says, hey, Steve, do you see from the charts whether or not a firm, that's not the horse out there, wasn't one of the Kentucky Derby winners a firm? Was a firm a triple crown winner? Not much of a horse race guy out there, only because of the first, my very first horse race that I went to, AFRM, so that you understand my dyslexia out here. We were given a, we were given a, anyway it was just a kid. When I say a kid, I was 16, 17, but I was a big kid. So nobody carded me, even if he had to be 18 at that stage or 21 even to, to bed. It was probably 18, I'm sure. But a buddy, a friend of a friend of mine knew some guys that worked, 1978 triple crown. Okay. Thanks, top dog. I thought it was. That's a firm. Let me get the affirm charts out here while I'm babbling. So any, in any event, the short story is we got the perfecta, that's a, that's what two horses, right? A perfecta. Yeah. A trifecta would be three out there. So we got the perfecta. And let's just say it was five and three. And so I went up to the, I took all, I took the money that we assembled together, you know, as poor kids. And so we took our lawn cutting money, our newspaper money, and we put it down on the, on the perfecta for that race, five, three. And in fact, that's how the race came in. Now to remember it was five and three, okay, out there. But what we were told actually came in. You can imagine my friends were pretty happy campers until they looked at the ticket that I purchased, which was three, five. So Stevie is not much of a gambler out there and not big on the horses after that first win. But in any event, with regard to a firm, the question is from David in Panama City, David, I hope that you guys weathered okay through those, through that nasty hurricane that came through there. Panama City has been hit by a few over the years. But the specific question is, will, the chart suggests that a firm will be able to take out the recent swing point at 126.46. Boy, that, that one's tough to call. Yeah, I know I should have boxed it, but Dan, I was literally 15, 16 years old. I know I wasn't 17 at that stage. And what did I know about horse racing? Zip, you know, I just wanted to make sure that I didn't stumble at the window looking like I knew nothing. So you know, I walked up there, you know, sporting my big chest or what have you, and you know, put the money down and said, you know, give me five and three in the perfect on, you know, whatever the race was. And you know, didn't want to, didn't want to blow it that way. You know, that's like, in any event. It's a family show that we have here. So I won't tell you the next story. But any event with regard to whether is a firm going to be able to get up to test the top of that profile, that or the top of that day, that day has volume up there of about 54 million. You only got 12 million right now, but I've not seen any signs yet in a firm to suggest that it won't be able to do that. But we'll actually look at the charts. I won't tell any stories when we come back from this break. We'll finish out, take a look at a firm in just a few. Are you having fun trading the markets, but having trouble finding like minded individuals to discuss your trading and investment ideas with, become an apex predator in the trading markets and join the Tiger's Den Trading Room only at TFNN.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the Dan and surround yourself with the sharpest minds in the trading world. 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So David's question was actually, can't affirm, we get to that, to get to 126.46 by tomorrow. So this must be an options trade out there. And I guess that possibility, you'd have a better outcome if we see on the 30-minute time frame. I close above 1,840. So as we take a look at this 30-minute time frame, it's got a TD-9 count top. Prices above the profiles, prices above the oscillator and change line, price should be able to take this out. You can see it's inside this gap out here. The bottom of that gap at 124.60, that could be a real resistance level as well. So by tomorrow, it's just impossible for me to say. But here is a pattern to be looking at that could say, hey, that's not likely to happen if you see price turned down. But a close above 1,840 on a 30-minute time frame looks good. Otherwise, the daily and weekly charts do suggest that price is going to get back up there. It just doesn't tell me that that's going to happen by a certain time tomorrow. David, I wish I was that good. I really do, because if I was, I would give you that answer. I just can't. Dan writes in. Dan F, and this is Dan from New York City. Hey, Dan, thanks so much for listening and writing in. You'd like to start a position in AGFY. So let's go take a look at AGFY, see what it is, and get some type of feel for what it's doing and where it's trading into. So it's trading inside a bullish structure daily profile. And this is AgriFi Corporation. I'm going to go with a guess here, wild guess. You are going to fill in the blank between wild and guess. And I'm going to take a wild guess that this is an agriculture company, but probably not even close. In any event, price is, your question is you'd like to start a position. And yesterday you asked about POWW. OK, so we're going to take a look at this. So with regard to AGFY, let's just see if there's some kind of bottom pattern, as price was approaching the bottom of that daily profile. And voila, the answer is yes. You have a TD9 count bottom. You've got an A to B equals CD to the downside that was confirmed as well. So you've got two bottoming signals. You're inside a bullish structured profile. All price really needs to do here is close above the center of that profile, $22.87. And that'll suggest to move up to $24.99, then $26.34, and then $28.95. Those last three numbers are your battles that price should take on. So you do have a valid bottom. You're looking to begin a position. I don't have a reason to tell you not to do that. Short term wise, they don't have any signals really up atop to say, hey, wait for some type of retracement. But if you're asking is AGFY a buy, the answer is yes. And the weekly chart out here, I don't have anything to assist us there. Let's go take a look at POWW as well. I'm going to do POWW on a different set of charts that won't take as long to populate. And this way, we're just looking Dan at the daily and the 30 minute timeframe. So what we'd like to look at here, the reason that Dan wrote back about it is because we had a TD9 count and that formed yesterday and we know that a lower low can take place today and still maintain that pattern out here. If we look at, so if today we're the bottom and it's not going to give us that signal, I can already tell you that because on the 30 minute timeframe, we don't have a bottom pattern out here. So I'm still going to suggest that you wait on this. I'm still going to suggest that you wait on this one here. And I guess what I really should have done is done it on the other time frames. I'm going to do that for you anyways and I'll just tell you a story in between. I'm just kidding. I will do it anyways and not tell you a story and hope that they cross my fingers here that this thing populates quickly. Okay, I think that it did. So that's good. So with regard to POWW, just want to look at the shorter term, 15 minute chart out here. Yeah, nothing that floats my skirt. Certainly not on the 30, 65 minute, nope. So this is what I would say, Dan, from New York City. I'd say we liked AGFY because that's got a confirmed bottom. And let's just take a look back at this. Now, tomorrow I'm going to redo the show from eight to nine. So we're not going to have any information there on that one to help you with. But you're looking for some type of pattern on a short term timeframe, like a 30 minute timeframe to form a bottom and then be able to take out resistance. So I hope that that helps you out. Dan and I would like you to listen in tomorrow at eight o'clock if you can. Hector and the fuel injectors is happy, thirsty, throttle Thursday. Oh, okay. That's because we were doing tequila Tuesday. We can't have tequila two days in a row, not two days in a row, but two days during the week, can we? Yeah, we could if we wanted to. But the question here from Hector is GDX. You've been a bear on GDX, however, today's washout has you wanting to load up the wagon for a great pop-up here. So let's take a look at GDX. Let me get that going on my white background charts out here and see if that makes sense for Hector to do. So let's pull over the GDX. They're just gonna go right to the white background charts out here. The GDX right now is printing out at about 3080 down to buck 46. And what this is doing, Hector, it's retesting the prior swing point. So I'm gonna go back, I'm assuming this testing it on higher volume out there. So we'll come back and take a look at this. You've got still rogment and indicator signal trigger. That's the only pattern that's out here, but that needs a bullish reversal candle. And even though I go to like a 15 minute timeframe chart, I don't have a signal for a bottom 30 minute timeframe chart. I do have wave number seven, but no levels of resistance being taken out here. So just somewhat questionable, nothing on 65, nothing on 35, nothing on a 195 minute chart out here. So let's look at the volume makeup here. For that, we're gonna go over to the black background charts. You just get a feel for is a GDX testing that prior swing point with volume. And if it is Hector and price closes inside it, then that suggests that that swing point would be tested again tomorrow. So the swing point is from August 20th, 18 million shares. You're already at 32 million shares. I kind of suspected that there was volume there. So the weekly chart had volume of 152 million and you're coming in really light. So I'm looking at panel number two, I'm just gonna expand it out so nobody gets confused. So here's the swing point that it's dealing with. And it's testing the bottom of that swing point weekly basis. And if it closes above 30, 64, that's a test rejection of a key swing point on lighter volume. Now you don't get out of dodge until price closes above 32, 21. But with regard to price moving down in that swing point, the daily swing point with volume, I'd say wait till tomorrow, unless you just wanna take an aggressive trade, what you can, most certainly doing, knowing that on this weekly basis, we're not seeing the volume to break out that swing point. And just you know that your average true range over the last 10 trading sessions is 81 pennies. So your stop needs to be 81 cents. And I would multiply that times 1.618. I don't know what that is, a buck 20, somewhere around that area, buck 20, buck 30. And so you'd use that as your stop if you wanna take an aggressive trade. So Hector, I hope that that helps you out. Generally the only other thing that I can share with you or show to you would be, if I take a look at this market update, US dollar index is right now tinkering with the top of its daily profile. I've got a 10 minute delay here. 92.90 is the top and I've got 92.91 as to where price is trading at. The reason why you're taking a look at that is, is the move lower, was this just a washout in gold out here. If the US dollar index is able to close below the top of that profile, it's still adjusting to consolidation pattern Hector. And we could say, we would have logical reasons to go ahead and do what you're attempting to do out there. So I hope that helps you out. Stevie Babble out here, dollars down 172, and piece up 22 will be right now. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value, or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. 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The Perspectus or Summary Perspectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. 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. That's tfnn.com and hit Watch Tiger TV. Folks, phone lines are open 877-927-6648. You can always email me Steve at tfnn.com. Do that right away. If there is something that you would like me to take a look at, put a radio show question in the tiger stand if you would. So we've got no request at this stage of the game. I'm not really sure what direction we should take this in. So we're just gonna kind of scan around through the charts out here, see if there's anything interesting that pops up for us to take a look at. So nothing new, we've already covered everything with regard to market profiles. If we're looking at signals, here you can see that you've got the ES, the Dow and the Russell 2000 just consolidating with inside their weekly profiles. Closing below the bottom of weekly profile is really the indicator of a change in trend. Here, if we go back to the Dow Equity Future Contract, you can see once back in February of 2020, once price closed below the bottom of its weekly profile, that was the week of 224-2020 out there, that led to much lower prices. So the real key level here is not the bottom of the daily profile, it's gonna be the bottom of the weekly profile for the Dow Equity Future Contract, that is at 34276. As we take a look at our four quads out here, this is the ES mini. Let me take a look at the ES mini. Really nothing bearish here because price hasn't broken through the bottom of the daily profile. So the uptrend still is in place out here. It has resistance, that is the ES mini at 4507. 4507 is the top of the weekly profile and then at 452875, that is the top of the daily profile. Again, that daily profile is suggesting to you and I that we should prepare for a consolidation. What does that mean to Stevie? That means we don't get to see the highs get taken out or the lows get taken out likely this week or next week out here. And so mentally, you should prepare for that with regard to your intraday type trading out there, market going in both directions. With regard to the NQ, the NQ, the read here is a little interesting. Again, you've got daily, then you go weekly and we just expand this weekly one up a bit and then you've got monthly and the lower left and quarterly on the lower right. So on the daily timeframe, absolutely price is below the bottom of that daily profile. And any counter trend rally should find resistance at about the 15568 level. But even though price is below the bottom of the daily profile, it is above the top of the weekly profile. So it becomes very difficult to call this much of a signal to really look out below. We would change that approach or we would change that view if in fact the NQ on a weekly basis could close below 1530195. That is the top of the profile. So its signal quite frankly is more neutral. We take a look at just simply profiles out here. We know there's an existing TD9 count top on the daily but really the signal here is more neutral than it is anything else. We take a look at the Dow equity future contract. The Dow is trying to form a new profile, the bottom of which is so far has held. But because we don't know if this profile is gonna take a place or not, we don't know, we won't know that till this evening. If we take a look at the weekly timeframe chart, on the weekly we can see that consolidation between 34276 and 35238 out there. It's also a new profile that is formed on the monthly timeframe. So it's got some real resistance. Resistance levels are not necessarily in this order. 35065 potentially that will be confirmed or maybe confirmed tonight. 35238 and 35431. Those are the resistance levels for the Dow. Let's finish this off by taking a look at the Russell 2000. Russell 2000, down below the bottom of its daily profile, consolidating with inside the weekly profile. And you can see just a long-term consolidation. This is a weekly chart that we're looking at can easily take us back into the early 2021 timeframe out here. Resistance is at 2317, 2296 and 235750. Now look at the New York Stock Exchange. What do we see out here? Hasn't taken out on a closing basis yesterday's low. There's no real signal here. The advanced client oscillator still below zero. So this tells the sellers are the ones that are in control if it's closed above zero to consecutive days in a row that would change that message. That's not the message that we have at the moment. The VIX, what we're watching for is the 50-day experience moving average. So long as the VIX remains above that level, that level is 1789, that can always create downside action inside the ES mini. Well, if you look to the chart to the right of that, the downside action right now is at 443675. That's the bottom of this new profile. So you need to close below that. And if we do that, get that, along with the spot bottlenecks being above the 50-day experience moving average, well, then that could easily signal move down to the center of its weekly profile. That's at 4312. Global flow of capital. What do these charts tell us? Well, these charts take a look at the last 37 trading weeks. And it lets us know how each of these instruments are performing in terms of US dollars, euros, yen and pounds. As we take a look at what the winner out here, well, so far the winner is Lightspeed Crude. Since the beginning of the year, it's up 51% out there. It's rate of change. 51%. In commodities, they're second. They're up 33%. So we already see the inflation. That's just simply right here. But as we look at equity instruments out here, you've got the ESMini, which is up about 20% in terms of US dollars, 24% in terms of euros, 27% in terms of yen, and about 90% in terms of Great British Pounds. The NQ is up 19%, so it's in line with the ESMini, the Russell 13, and the Dow is up 14. Is there a global flow of capital in the US? Can't say that it's just concentrated in the US. Why can't we say that? Well, because if you look at the DAX, it's also up 14%. If we take a look at the Australian 200 market out there, that's up 14% as well. But as we look at other markets out there, not so much. So their capital certainly is flowing into the US. We see that in the US dollar. We see that in the US treasuries. We see that in the US stock markets out here. And when the should things get crazy overseas, they're a little bit crazy in China at this stage here. And I'd venture to say they're a little bit crazy over in Europe. But if the blank begins to hit the fan, we will see the dollar rise, probably US treasuries rise, gold rise, and the US market. And then we'll know the global flow of capital has really hit the shores of the US. If we take a look at anything unusual in the currency marketplace, because this is someplace we always want to take a look at, why do we want to do that? Well, if there's going to be a war, before the war actually begins, somebody knows. And what we'll see is we will see capital flows move. So here we're just taking a look at the one-day rate of change, the 37-week period, a rate of change out there. Biggest winner, percentage-wise, biggest rate of change out here so far is coming from the Argentine peso out here. It's had about a 17% move. Right behind that is the Turkish lira. What other large moves do we have out here? Not much. Well, I guess it would be helpful for me to put up the actual US dollar contract out there. It is the December contract. And it's up 3.5% since the beginning of the year. So what else do we want to take a look at? Well, we've got about seven seconds as we go into this break here. So here's just simply again, here's the chart of the US dollar gold, US dollar in the right-hand side, right up at the top of its daily profile. But if it closes above $92.90, price could run up to $93.18. That could put pressure on silver, which has held the bottom of its weekly profile. That's at $22.77. And gold, just making the A to B equal CD down pattern. But it's going to take at least a day or two, I would say, before it could generate a bullish reversal. Zeroed with TFNN. We'll be back in just a few months. Sharpening North's skills as an investor is like getting better at playing a musical instrument. You have to practice, sure. 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Your investment is secured by high-value real estate in St. Petersburg, Florida. Your investment can be anywhere from $100,000 to $500,000. Do you want to make $1,000 per year or $100,000 invested or $7,000 per year on a secured Tiger First Mortgage? The Tiger First Mortgage Program may be just the program for you. The Tiger First Mortgage Program pays 7% per year, paid monthly. For more information, you can call 877-518-9190. That's 877-518-9190. 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. That's TFNN.com and hit watch Tiger TV. Welcome back, folks. We're gonna close out this show with Jerry in Beantown that Jerry wants to take a look at the daily and weekly TAS market profile levels. Ticker symbol here is NGVC. That is Natural Grocers by Vita Cottage out here. And, Jerry, you're probably not gonna like this. A price to trade below all profile levels. Well below the daily, that was at 11.22. Now below the weekly at 10.53. And now below the monthly at 11.59. So, Jerry, I think since we have given you that information, and you can see it on the screen, that's not enough. We can't just end it there. I can't do that. We've gotta go take a look at the actual charts. So here, as we take a look at the daily timeframe, and you've got your eight panel charts out here, the daily is going to form bar number eight of a TD9 count. And tomorrow should be bar number nine as long as price closes below 10.63. And that seems like likely outcome. So bar number eight, nine, or the bar following nine, can be those candles or those bars that identify the bottom. So which one is it? Well, we look to the short-term time frame charts. I've got a 15, a 30, a 65, a 130, and a 195. The 15 minute shows a rose mint indicator bottom. The price closed over 10.17. That suggests that this could be a bottom worth buying. The 30 minute says the same thing. A confirmed rose mint indicator bottom, at top of its profile is 10.17. You've got a rose mint indicator bottom on a 65 chart. There you need to close above 10.41. And nothing on the 130 or the 195 minute chart. So you've got three intraday charts that tell you that it's trying to attempt to form that bottom. You'd like to see at least one level of resistance fail, even though that means buying at a higher price out there, because if price just gets up to the 10.17, that's where a countertrend rally would stall. So you'd want to see closes above resistance levels. So Jerry and Beantown, thanks so much for writing in and helping me close out this show out here. I hope that helps y'all, best of luck to you in that trade. Folks, stay tuned. You've got two more wonderful hours up next. You've got David White. He's got a special host coming up, Tim Ord. So watch the Power Trading Hour. And Tom O'Brien is always, he'll take us on home. And I'll be back tomorrow morning, 8 a.m. sharp. So please tune in. We'll be recording this show between eight and nine. We'll make it as valuable for the one o'clock show as we possibly can. Have a terrific Thursday, folks.