 Let's get over to our mammoth to Steve Rhodes as we do each in every Monday at 20 past the hour and don't forget folks Steve has an amazing newsletter Mastering probability now. It's very easy to get Steve's newsletter come over to our website at TFN Going to newsletters. You see on the right hand side you can get it for one month for $149 you get it for six months for 695 Which is a savings of $199 at 22% and you get it for one full year for 1195 Which is a savings of $593 of 33% now they all come with a 30-day money-back guarantee folks Okay, so the bottom line you can test drive it. It works for you fabulous if for some reason it doesn't guess what 29th day You just say okay You know until next time Steve Rhodes, what's going on? Well, you know I I just checked just before I came on the air to see what time the game started tonight Yeah, I'm 20 920 920 That's way past my bedtime me too. I know bummer Shot at the end was phenomenal wasn't it? Oh my goodness, you know what what really what a game? I know You know and and for a game-to-end like that. Look, you don't you know, whichever team you're pulling for it's either good or bad But but as just simply a sports enthusiast how great was that totally not that they lost You know, but because I was obviously pulling for them But how great of a game was oh, no, there's no doubt and folks if you didn't see it There was no time left the ball was in the air San Diego state state one by one. They were down 14 and The thing I just think about Steve the pressure that these basketball players must be it is insane I mean everything is like down down to 30 seconds 60 seconds It is but the talent talent is really good. Yeah, I think the games has been it's been one of the more fun Seasons I think took to watch If you watched any of the college basketball during the deer you during the year you saw all kinds of upsets as well So it's not really that surprising right out here But I imagine that the game is on at 9 20 I don't know if it was always scheduled for that But maybe because it's a San Diego team playing and they want to get the you know, the TV revenue East coast gonna be asleep Exactly. We watch a little I watch a little bit. I know I Soon as I hit that coach, I know I'll try to watch it, but I know what's gonna happen exactly So hey, I thought we talked about the S&P really a couple different things here So this chart here that we're taking a look at we've looked at it in the past very appropriate now as you were talking about on Friday We had some swing points taken out with volume up there It looks like we should be headed higher if we take a look at the S&P 500 We can clearly see that we are in the favorable seasonal cycle now folks the red vertical line That shows us where we're at as of today Some other interesting data that these folks here from season X are providing like if you ever want to know Over 95 year period of time what day is the worst day of the year for the S&P 500 is clearly Mondays But Wednesdays those are all have been over over on average have been the best performers fall by Friday And then Tuesday the other thing if we take a look at the average return by month You know, we had a decent March April is one of the stronger performing months inside the S&P 500 The most the strongest month over 95 year period has been July Followed by December and just right behind it is is April. So we're in a favorable seasonal cycle We had some volume come into the market on Friday. I think that we mark the market does move higher In through the early part of May out here. So that's the S&P 500 If we take a look at the monthly so these are monthly charts here Tom for the NDX and the semis And the one thing that I noticed was that both of those two indices closed above The February high that's a bullish message out here The second thing folks if you're if you're looking at these charts watch us on tiger tv You'll see a green squiggly line. That's referred to as the oscillator and change line Now the cool thing about it when it's green, it's a it's a positive indication But when price is above it, it's very bullish So we have from a monthly standpoint a very bullish outlook right now inside the NDX 100 in the socks And as you know, and as you've taught us, you know, those two instruments will typically lead the markets higher So whereas the other indices hadn't closed above The green oscillator and change line on the monthly basis these two did so that suggests to me that the market should move higher If we're looking for a price target, the Dow should target the top of its descending trend So this is kind of interesting because you know, we've had nice market rallies out here But if we look at the actual cash Dow chart Tom, it's still in a descending price channel So, you know price is likely to go target that level out there or and so when I say that level folks It's really that descending red channel line and also the horizontal Primary trading range line that's up at 34152 So I expect that that's where we will see price get to the question is do we close above that if we do close above that This is a weekly chart that we're looking at so if we close above that on a weekly basis It would be hinting at us that we've got a breakout going inside of the The Dow or at least we've got a a real change in trend here. So will that act as resistance? I think it does react react as resistance this time around Tom. Okay reason is because This is a chart that shows the advanced decline oscillator for the new york stock exchange that is panel number two And here when we get above the plus 150 reading This and what this is doing folks This is looking at the advanced decline line and it's determining the difference between its 39 and 19 period Exponence moving average. So that's a technical reason For our purposes, you don't need to know the details about how it's computed Just need to be watching the plus 150 and the minus 150 area That's where you get into for the general markets overbought and oversold So really in a overbought condition right now and that has to work So as we're moving up into a significant level of resistance, you know that descending price channel That's why I say I don't think that it will bust through it this time Um, of course it can but overall I'd say with regard to the equity markets They do look like they want to move higher. We should see some kind of pullback or retracement Maybe it's just a two-day deal out here and then the market should continue to move higher If there's new information that gets revealed to us well Subscribers will know about it the folks that listen to the trader's ed show in the morning You know, well, we'll certainly make them aware of that All right, let's move on to gold here. You were talking about gold You were talking about the large consolidation that's been in if we take a look at its 54 Year cycle out here march has really been a thorn in gold side If you take a look at it It's been the overall worst performing month followed then by june, which is not the best and then a little bit in october But right now we're into april. We've got gold that's performing well Here tom, you know, I don't have really an overbought reading out there We just have that large consolidation at large range at top of its profile Something for us to take a look at and at gold if we take a look at gold and the other major currencies out here It's yet new all-time highs in the month of february Okay, and that bodes really well for gold priced in dollars It says we will make new all-time highs at some point time doesn't you know invite us to the party tells when That's where you and I have to use our our technical knowledge to identify where that's at out here But gold is very strong Um a little bit about the newsletter We don't talk much about the newsletter during the segment during the segment The first section of newsletter is always providing key areas to watch uh intraday out here So it's kind of like the play-by-play and this morning it was looking at the 60 minute time frame charts Which each had topping patterns. We provide I provided the subscribers This really helps the day traders or anybody just trying to navigate and understand what the markets are Communicating to us right I start I start loader off that way Then we go into showing the current market conditions and this is for multiple time frames All anyone has to do this is the primary is every sector in the s&p 500 the popular etf's the equity futures Other futures that are out there and it helps you to identify exactly what the market condition is So this is really helpful for managing your longer-term portfolios that identify support and resistance From a daily standpoint identifies where there's tops and bottoms out there So a ton of information as you say the third section lays out the daily message of the primary markets time Which includes basically this section where I tell people exactly what these instruments are doing Where they're headed to and the reasons why huge absolutely huge folks It's very easy to get steve's newsletter Come over to our website at tfnn When the newsletter is gonna see master probability on the right hand side hit it and you are often a racist Steve if you have a great one a safe one, of course, we look forward to show tomorrow. Thanks, Tom Thank you. Stay right there folks who come right back We have the now the now industrials are up 330 nazis down 57 s&p's are up 14. We'll come right back If you want to take advantage of this