 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 day, folks. This is Steve Rhodes. Well, that's what I do for my one o'clock update. But folks, this is Steve Rhodes coming to you early. If you are listening in, I'm recording today's Master Trader's Edge show between eight and nine. So if you're listening at the normal time, I'm gonna make today's show as pertinent as I can for you. And so let's get right to it. We've got the US equity futures are trading lower. The Dow's off 225 points and NASDAQ's down 114. The Russell is off 20 points. That's 1%. ES mini is off 34 points, about 9 tenths percent. Over in Asia and Europe, over in Asia last night, all markets trading lower. Off by 5% for the Shanghai, that was down 166 points. In fact, we'll take a look at the international markets here momentarily. The Nikkei was off 500 points, that's about 2%. Three and seven tenths percent for the Hangsang. Australia markets down one and a half percent over in Germany right now. The DAX off one and a quarter percent, 174 points. The Futschi down 143, that's 2% to the downside. Gold is off 26 bucks, that's one and three tenths percent. Silver down two and a half percent or 61 cents. So we've got plenty to look at. Copper's off about 2% this morning. Lights recruit is down four and a half percent. Trade out 97.46. Got natural gas up 15 pennies. She's trading at 6.18. A 30 year treasury is up 1.12 ticks. Trade out at 141.15. Out there, US dollar index is up 29 cents. Trade out at 101.50. So let's begin this way. This way being what? This way is, let's start with what we know. A couple of different things. One of the first things that we know is that on Friday, and give me, get a seconder to get to this chart. On Friday, there was a spotball tonics, one day rate of change above plus 10%. Friday's one day rate of change came in at 24.38%. All you need is one day rate change above plus 10%. You typically get some type of bouncer bottom. We have not seen any kind of bouncer bottom at this stage, although that's we're gonna go take a look at to see, okay, what are the charts communicating? It's UNI 808 in the morning, 108 in the afternoon if you're listening in, again at the normal time slot. So we are recording this show earlier, but we'll give you the levels to be watching that'll help you identify what the market is communicating to us as far as where prices had to do. So that's the first level that we've gotta take a look or that we know that we have to deal with or the market has to deal with. In all these instances, usually blue and green arrows on this chart out here, there's a rates of change above plus 10% or below minus 10%. Each has a different meaning out there. That's the first thing. The second thing is the advanced decline oscillator. That is the difference between the 30, in this case here, that's the difference between the 39 and 19 period exponents moving average of the advanced decline line. Turns out that when that calculation, that ratio gets down to minus 150, that's when the New York Stock Exchange gets into its oversold territory. Now, look, it can get lower than that. It can get down to the minus 250, but what this tells us is to expect or anticipate some type of bounce or bottom to form over the next couple of hours, next couple of days out here, but you are the New York Stock Exchange is sitting right now minus 150 oversold. So you've got the 150 oversold level. You've got the one day rate of change above plus 10% out there. That says, okay, boy, we really should pay attention. We've always got to pay attention to both sides of the trade out here, but now let's go pay attention. Now, when we take a look at this one day rate of change of spot bottlenecks, it's really just dealing with the ES mini. So that's what we should do next. So let me give me a moment here just to change. We're gonna just take a look at just the ES mini charts. In fact, we'll take a look at all four equity future contracts. By the way, if you are listening live, we would love to hear from you. And you can give us call 877-927-6648. You can also, if you can't call in or you don't wanna call in, but you would like a question answered, you can send me an email and you can send it to Steve at tfn.com. And inside the subject heading, if you'd be kind enough to put radio show question, that would be great. And of course, inside the Tigers, then you're welcome to send me any kind of ping public or private. Although I would say that the private pings might be the best way because there's so much information that can get posted into the general den out here. It's easy for me to only concede maybe the last five or six posts out there. So maybe a private ping inside the Tigers, then we'll do. But right now what we'd have is we've got the ES mini that we're looking up on the charts out here. So here's what we know. We know we take a look at the daily timeframe and I'll just simply expand this chart out. So let's take a look at this. Well, first there's a couple of different things that are going on. There's an A to B equal CD pattern that has now formed. And although on this white background set of charts, I can't really draw that pattern. And I can certainly draw on the A to B line. So here's your A to B line. Then we can just simply take that line and we're gonna keep the same angle just because it's the same line. And then move that over to the C point. So we know there's an A to B equal CD pattern that is in play out here. And that would take us right about to where the TD nine count breakout level is. Now, this would be a one to one A to B equal CD pattern. I don't think this is likely where this pattern completes. It might be an intro day or a short term type of a bottom signal. But whether it is or it isn't, the way that an A to B equal CD pattern gets confirmed is with a bullish reversal candle. Now you can see here that I've maintained that same angle of A to B because I've taken that same line and drawn it from the C point out there. And you can see how price is on the strong side. Strong side would be the left hand side of this chart. In other words, the move from A to B has taken a shorter period of time to make that one to one move on the C to D leg. I don't know if that made sense. It made sense to me insane and I don't know if it made sense in interpreting it. But what price has also done has gotten back to this 42, 39 level. That is where the ES mini most recently broke out. So this should be a strong level of support. So we've got three things as we speak right now at 8, 12 in the morning. 1, 12 in the afternoon, about 8, 12 in the morning. You've got the over one day rate of change above plus 10% rule. You've got the advanced client oscillator at the minus 150 level. You've got the completion point of an A to B equal CD on the daily timeframe for the ES mini. And you've got price pulling back to its TD nine count breakout level. Okay, perfect. So now we've got that established. Now we know that if there's going to be some type of bounce that forms or some type of bottom that forms that it's going to occur on the shorter timeframe charts. First, that's really the power of this multi timeframe eight panel chart that we've got here. And in this eight panel chart, we start the shortest time period that we look at is a 30 minute timeframe. We can certainly look at shorter term charts out there. But right now we're looking at a 30 minute which is in the upper right-hand corner. 60 minute, lower left, then 120, 240 in the five hour. Now on the 30 minute timeframe chart, there is a rosement to indicator bottom that is already formed. Let's open up this chart. This formed earlier this morning. There's been a couple of them that have formed but this formed this morning here at 330. 330, we had a nice bullish and golfing candle with a key reversal session but was price was unable to do and this is where you know where there's a significant resistance level. It happens to be at the top of that profile. Now the actual high of that 330 bar between three and 330 got up to 4251.75. 4252.50 is the top of that profile. So should you get it closed this morning? Maybe it's after the show ends at nine o'clock going into the cash market open 9.30 during Tommy's show but should price close above 4253. Let's just simply call that. Then what that would signal to you and I is you should expect and anticipate a rally up to the 43.11. Likewise, if the lows get taken off, the lows of the sporting get taken off. Those lows are 4218.50. That's gonna tell us, well, guess what, that either being the seating leg or you're more than the one to one level and now you start looking for the 1.272 expansion which will take us down into this March 15 swing. Two broads with T of an N will break that. What's separating you from the most successful men and women on Wall Street? That's right, information. Having all the information gives us the perspective we need to place the right trades at the right time. The TESS Profile Scanner is the premier market profile based scanner. Powered by its acclaimed TESS proprietary algorithms, this feature rich scanner instantly filters over 2,500 plus global financial markets such as stocks, ETFs, commodities, futures and forex. This powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades before they happen. 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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 now toll free at 1-877-927-6648 internationally at 727-873-7618. Welcome back folks. You get the Dow futures down to 29 S&P is off 35 Nasdaq down 121. We are recording this show between eight and nine. It's 8.18 in the morning. So if you're listening at 1.18, thanks so much for doing so. We're certainly trying to make today's show as pertinent as we can for you as well as those folks listening in live. So let's go back to those ES mini charts out here. What I want you to know, so we took a look at the 30 minute chart. So there are bottom patterns. There's a roadspin to indicator bottom pattern for the 60 minute chart. This tells us that 426285 is the resistance level. Price is able to close above that. You're looking at 4311 as it's moved. The 120 minute chart has a TD9 count bottom. This says that the resistance is at 4255, a brand new profile that formed as we have been on the area. No bottom pattern that's in place here on the 240 minute chart. You do see a TD9 count pattern, but that was negated. And that there was a close below the bars nine or yeah, bar nine that had the lowest low out there. But there is a TD9 count bottom on the five hour chart. So basically we've got five different interday time periods. Four of the five have got bottoming signals. So we know what the market's intent is. Whether or not the buyers can hold off sellers that we don't know, but we do know the levels to be paying attention to the levels again are this morning's low and the resistance levels on these interday timeframe charts. They'll help guide us as to what the market's actual intention is. Now, let's go from the ES mini and let's go over to the NQ. We're gonna do this for all four of the equity future contracts. That is unless I get a caller. We do have call ahead seating here and we go right to those callers. So let's get over to the daily timeframe or the eight panel charts I should say for the NQ. Now, the case of the NQ, you can see that price closed on Friday below its breakout level, 13, 4, 17. Remember we're looking at the ES mini and price has just pulled back to that breakout area. So no bottom signal here. There's an A to B equal seeding to downside. This A to B equal seeding to downside is gonna take us much lower than the lows from March the 15th. So with price trading into that swing point, odds favor that what is intention, at least what the daily timeframe chart is telling us is that price wants to get down and test that low. That low is at 12, 9, 42, 50. You're trading at 13, 261. However, we can see that it's short-term timeframe charts. It's intraday time period charts. The 30 minute chart here has a nice roads, mid-dicator bottom. The 60 minute has the same. The 120 minute has a TD9 count. But it's got a roads, mid-dicator bottom. Yes, it does. The four hour timeframe chart out here actually has a TD9 count. So all five of the intraday time period charts for the NQ have bottoming signals. So it's telling us it's trying to defend the lows of today. But if the lows don't hold, then what this is telling us is price, based upon the daily timeframe chart, she can back and retest that low from March the 15th. Now, the key area to watch here because this could turn into a weekly A to B equal seeding to the downside. We're talking about this. We could even begin today. And that is the weekly timeframe chart has a TD9 count bottom as well. And that was also, that was formed with a bullish hammer candle. That bullish hammer candle's low is 1302575. That is level to actually have down on your pad of paper. If price were to close below that, then that's going to, we know there's an expression that we like to say around here. If you close below the low of a hammer candle, it's if you're long, you're wrong. Now, of course, if you're long, you're wrong. What does that mean? Well, that in this case here, you'd have an A to B equal CD pattern that would form. You would also have price below a TD9 count breakout level, the first one that would suggest to move to the second one and that would give us a price target of 10942. So you're going to want to watch on a weekly base or something going to want to watch that low. But right now at this stage here, odds favor that if price breaks this morning's lows, then we see price get down and we test that swing point on the NQ. But again, short term timeframe chart, you've got bottom signals here. I'd be watching the 13295, 296 area. If price able to close above 13296, that's going to signal move to 13508. 13508 happens to be the TD9 count breakdown area on the 30 minute chart. And it lines up with 13508, which is the current top of the profile for the 60 minute timeframe chart for the NQ. Now, in the case of the NQ, any counter trend rally this morning should find resistance at 13344. 13344 is the center of its bowler structured profile. The price has been below for the last many hours out here all night, as a matter of fact. So counter trend moves, if it's only a counter trend move, that is where price should find resistance. So let's say you're sitting here, it's 823, you're listening and you're saying, you know that the market is going to head lower and you want to find a spot to sell into this market here. Well, then that level that you're going to look to selling to would be in that 13344 area. Now, because that's a 60 minute timeframe chart, you want to have like a 10 minute chart or five minute chart up, looking for some type of topping signal to tie into that. But what we also know is that if price is able to close above that 13344, that is telling us that there's something more than a counter trend move or that counter trend move should take us to the next level. And that's more likely what the message is, that next level would be that 13508 level. If you close above 13508, then there's a whole different message that's out there. And we'd have to come back and reassess what that is and take a look at what's going on on each of the charts out there. So that's going on inside the NQ. Let's go take a look at the Russell 2000. The case of the Russell 2000 charts out here, what do we have? Well, actually in the case of the Russell 2000, the better chart for me to first show you is going to be this one, which is what is the Russell 2000 itself doing? What has it been doing out here? And that's pretty easy. So we're just gonna pop up on the screen here of the four daily equity future charts out here, but it's the Russell that we're talking about. In the case of Russell 2000, you can see a nice consolidation pattern out here. So price has made its way back towards the bottom of the consolidation, hasn't gotten all the way back there. Don't know whether it will or it won't. Whether it will or if it does, where does that level? That's in the 1893-ish type area. So you've got a good old-fashioned consolidation. Now the cool thing about a consolidation pattern is that if or when the consolidation gets broken, what it does is it provides us with a measured move. So if the Russell takes out the bottom is consolidation pattern, the measured move is gonna be equal to that consolidation, equal to or greater than, and that would give you a price objective. Likewise, it'll be the same thing if price were to break through the top of the consolidation. So we've got the daily timeframe chart. We know exactly what's going on there. Let's go back to the Russell 2000 charts and just see if there's any other signal information coming from its intraday charts out here or from a longer-term chart. Well, if we take a look at the intraday charts, the 30-minute chart has a teeny nine count and Roadsman to Mindicator bottom. Price right now is taking on the top of its profile and above that it's gonna take on its teeny nine count breakdown resistance level. So to the extent that you believe the Russell 2000 could generate some type of signal information for you, the level to be watching here is 1929-40. If price is able to close above 1929-40, we're gonna see him move up to 1952. 1952 would be the next teeny nine count breakdown level on the 30-minute chart. Turns out that you've got a 60-minute Roadsman to Mindicator bottom and the price can close above 1925-20, its signal will be that price is gonna go hit that 1952 level. That turns out on a 60-minute basis to be where its teeny nine count breakdown level resides. On the 120-minute timeframe chart out here, what do we have? We have a, looks like a teeny nine count bottom has been established there. No bottoming signal on the 240-minute chart and on the five-hour chart, you've got a teeny nine count bottom as well. So four out of the five interday time period charts that we track here, I've got bottoming signals. That's coming from the Russell 2000. Let's close this out real quickly here and take a look at the Dow Equity Future Contract. We have just a few seconds to do that. And as we pull up these charts out here, we take a look at the Dow Equity Future Contract, really a similar set of patterns out here. And that is you've got bottoming signals on four of the five. The key level to be watching here inside of the Dow Equity Future Contract. It's a good question. We're going to go with 33, let's tell you exactly what the level is. You know what, 33,645. If you close it up 33,645, there's more rally left in its legs. Steve Roach with TMP. Great. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. 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Using this first-of-its-kind program, The Art of Timing the Trade Charts allows you to scan thousands of stocks for Fibonacci formation setups, including Artleys, ABCs, Butterflies and much more. The Art of Timing the Trade Charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks or even months searching to find. And right now we're offering licenses available at only $79 a month. We are so confident that you're gonna love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade Charts today by visiting TFNN.com. Welcome back, folks. Nice to be with you early in the morning at 8.30. If you're listening live, thanks so much for doing that. We'll return to normal programming tomorrow. In the meantime, let's go take a look at Goldilocks. Gold is trading down $36, $37, trading out at $18.97. Now what we can see here is we take a look at the charts. You're just looking at the daily timeframe chart. Let me just expand this out for us. And what we know about Gold, as we know from last weekend from prior weeks out here, that Gold has got some significant resistance at the top of its daily profile. Now at the top of, I'm sorry, at the center of it, so this is the center of its bullish-structured daily profile out here. And remember, when the price closed below the bottom of profile, we looked at, I think it might have been the NQ, or maybe it was the Russell 2000. We looked at how price had been trading below maybe its 60-minute profile. We said, hey, if it's just a counter-trend rally, price is gonna find resistance at the center of that profile. Really, we've got the same pattern here on the daily timeframe for the Gold contract. So what took place last week is price got up to that resistance level. See how price had been trading below it, below the bottom of that profile. It's up to 1994. And it says that's it. That was the counter-trend move. Now the counter-trend move was taking price right back to its breakout level. So what you and I know, at least at this stage, as of 8.31 in the morning, is Gold has significant support at 18.95-60. We know that because this level's been tested this now the third time. Is the third time the charm and price breaks through it? Well, if it does, then what would signal to us that Gold is gonna make a move back towards that 17.91-60 level? That will become its next price target. That's not where we're at right now. It would need to see a close below 18.95-60 in order for that to take place out here. So, has Gold found support? The problem with saying that it's found support is when we take a look at the inter-day timeframe chart, it's very different than when we looked at the four equity future contracts. Here I don't have any kind of bottom signals. The only exception that I can find is the two-hour timeframe chart which does have a wave number seven signal that is present. There's bar number eight and a 240-minute chart out here. So that could form some type of TD-9 count bottom. You do have on the 30-minute chart a stretch pattern but that needs a bullish reversal candle to confirm its bottom. But here's what we know about Gold at 8.32. Price is pulled back to support. So if you're somebody that's thinking, oh man, it's time to go short gold? I'd say no way. I'm not suggesting that you necessarily step in. If you are a Gold trader and there's other tools that you use, what you wanna know is that price is pulled back to a key level of support that 18.95-60 level. So use your tools to identify whether there is a pattern to consider getting you to a long trade. The nice thing is that your stop just needs to be below, I would say it needs to be below somewhere below 18.93-20, which happens to be the low from the trading session of March the 29th, 2022 out here. So right now, price has found support. The breakout level, what we don't have is the corresponding intraday charts to suggest that, okay, not only is it support, but it's truly at a bottom out there. Now let's go see what Silver is doing. So as we take a look at Silver, see where it's trading to, and we'll look at the Silver chart. Silver's also doing the same kind of thing. What do you mean same kind of thing? Again, on the daily timeframe chart, price has pulled back to its breakout level. Pull this back over here, and this could be or should be a level of support, 23.48. Now, if price closed below 23.48, then that's gonna signal to you and I that what Silver's intent is, is to move to its next target level, and that would be at the 22.14 area. But right now, Silver's hit a level of support. No, bottoming signal in the daily timeframe, but a bottoming signal can be, price is simply pulling back to its breakout area. Now, what we like to see, as you know, is we like to see bottoming signals. Well, whereas Gold doesn't, Silver does. Silver has a TD9 count pattern that may form on a 30-minute timeframe chart. It's in bar number nine right now. Just depends upon its close. It has a Rosamundicator signal. And if you get a bullish reversal candle, that would complete, now this is a 30-minute chart. So it won't know till 9 a.m., it's 8.34. No idea what the candle formation is gonna look like, but if you get that bullish reversal candle, that would confirm a Rosamundicator bottom and suggest that price would move to 23.82. Now, close above 23.82 would take us to 24.17. 60-minute timeframe chart has a confirmed TD9 count bottom. We'll complete that pattern at 9 a.m. That should then take price at least up to 23.72 or 23.89 and above that 23.97 and above that 24.05. Each of those are battleground levels for Silver on the move higher. 23.72, 23.89, 23.97 and 24.05. We've covered what happens to Silver if it breaks through that daily TD9 count breakout level. It has lowered, we've given you that price target. The two-hour timeframe chart has a TD9 count bottom that we'll complete as well. The 240 is wave number seven, that's letter G, as is the five-hour chart. So Silver here is where gold traders are gonna have to pin their hopes. Because we don't see those intraday timeframe signals from gold, but we most certainly do from Silver. So I'd say if you're a gold trader, I'd still be paying attention to what the Silver charts are communicating to us, even though there are two different things out here and we'll trade differently. But the signals with regard to precious metals may be coming from this area. Now, somebody out there might be saying, well, wait a minute here. Steve, oh, you've covered gold and Silver and you haven't taken a look at the US dollar index or the other currencies. Well, I heard you. So let's in fact, go do that. Let's go get a feel for what those currency pairs are doing out here. And we begin by taking a look at the lower right-hand panel chart. Lower right-hand panel chart is the US dollar index. Now, in times of war, or in times of periods prior to war, prior to war might be or some type of military exercise that we could be talking about here, such as China and Taiwan, where price will fly to it'll look for cover in the US dollar index. And that's really what we're seeing here. You've got the US dollar index, which did generate a rose mint and indicator top about four or five days ago. That was negated on Friday and prices continued to move higher and should continue to move higher. Now, it still has a rose mint and indicator signal that's been triggered. You're in bar number six. Maybe there's a TD9 count on its way between Wednesday and Friday of this week. Maybe there's a rose mint and indicator top, but there's a bearish reversal candle forms that would give us another signal. But short of that, price trade above the top of its daily profile, above the top of its green oscillator and change line, the US dollar index should continue to move higher. Well, it takes us to the Euro now. Euro is in the upper left-hand corner. In the case of the Euro, it's trading below prior lows out here, no bottoming signal, below the red oscillator and change line. That tells us we have a falling price oscillator below zero. That is a bearish condition. And so the Euro should continue to move lower, weaken. That continues to weaken. The US dollar index should get stronger. If we take a look at the Great British Pound, this thing has gotten snuckered. It's trading at lows. It's trading below breakout levels. I'm not sure where the next breakout level is. You can see large A to B equals C needed downside. No bottoming signal here. So the pound appears to want to get lower. That's gonna go ahead and put strength into the US dollar. Again, no bottoming signal there. If we take a look at the US dollar Japanese yen, it continues to weaken as well. So on this chart here, it's weakening by moving higher. Again, we're comparing this to the cross rate currency pair of the US dollar. But right now, price is trading just slightly below that green oscillator and change line, which you can see prices held for quite some time since the early part of March out here. So I don't know what today's candle session is going to be out here, but if price is able to maintain a close above 12834, its condition, the Japanese yen, is still bullish to neutral, but meaning that it should continue to move higher, which would also put strength into the US dollar. So when we take a look at currency pairs out here, and there's five currency pairs that make up the US dollar index, but the three that make up the majority of the holdings there, the euro, which right now is signaling to you and I that it wants to move lower, it's weakening. The yen is weakening, especially if it holds that green oscillator and change line. The pound is weakening by moving lower out here. And then we can take a look at the Canadian dollar, the Swiss franc, the Swedish corona. The Swiss franc is going to form a TD nine count top that appears today. Now complete tomorrow. Right now, US dollar index looks like it wants to continue to move higher. Steve Rhodes with TFNN. The gold market has taken off topside in a large way. If you want to take advantage of this sector, now is the time to subscribe to my gold report. The gold report is a comprehensive look at the metal sector, as well as the markets that move gold, which is the currency and bond markets. 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We've taken care of the US dollar index, each of the four equity future contracts. So now let's go ahead and move on to oils. We'll cover oil, we'll cover the 30 year treasury. And I think we will have given the larger picks. We didn't take a look what's going on internationally but we'll do that too. Here, let's take a look at what's going on inside of natural gas. So on a large picture basis, the monthly timeframe price got up to that 649 level. That was the highs from back in 2014. So it's a normal potential pit stop. And in fact, last week it really was a pit stop because you got a TD9 count, a Roadsman to Mindicator top. Little dark cloud cover candle. Now this suggests that it gets a weekly chart out here. So it's not going to have as much noise as these other charts, but this suggests that price and oscillator and change line have a date with each other. Now the oscillator and change lines currently printed at 605, price at 665 out here. We're going to look into the June contract. I don't know what the combination is of price moving lower, the line moving higher, sideways moving so forth. But those two lines you catch up to each other and that will then signal when that does occur that will generate the next message for us. The daily timeframe has a sell the deep point pattern. Price and below it's oscillator and change line. Below the center of its bear structure profile. Odds favor that price should go target $6 and 29 cents. If price closed below 629, then you'd be anticipating move back to the 532 level. Now the 30 minute timeframe chart just completed its first counter trend move to the upside. The counter trend move took us so you had a TD9 count bottom that formed out there. It topped with a TD9 count pattern and it did it right at TD9 count breakdown resistance, 684. Folks, this is a pattern that you would like to learn. You should learn out here. You see it enough present on my charts out there and you see how it behaves. It's a worthwhile tool to learn. You could subscribe to my newsletter service, Mastering Probability. You can do that for 29 days. It cost you nothing out there. So in the case of natural gas, we're kind of at the 30 minute chart and sort of neutral because price is trading between support and resistance out here. It's about really resistance of the profile levels but it found resistance at the TD9 count breakdown level. So I've been watching $6.84 to the upside. A close above that tells us about a further rally. If price takes out the low of the day, that tells us we should see a move back to the $6.29 level. So that's all I really see here. We take a look at natural gas. So let's go flip over and take a look at what the lights we crude charts are communicating to us. In the case of lights we crude, again here as well, we have the June contract and on a daily timeframe, all we really have is a consolidation going on in between its profile levels. That's between the range of 93.75 at the bottom and 100.63 at the top. If I look at a 30 minute timeframe chart, if you're looking for signals out here, this bottom with the TD9 count, it does it at 1.30 in the afternoon on Friday. And so if price is able to take out that low, that's a key level to watch, 98.81, then that's gonna signal to you and I that price wants to move lower. The 60 minute timeframe chart formed a TD9 count bottom at six o'clock this morning. That level is held. So has resistance, that red oscillator and change line. So has the top of its profile, 98.17. So what we know here is 98.17 is the key number to focus in on on lights we crude. Is it trading above it at 1.45 in the afternoon? If it is, then price should be making its way up to 100.88. Has price taken out the lows of the day? If it has, then price should be targeted at 93.75 level. TD9 count bottom on the two-hour timeframe chart, TD9 count bottom on the four-hour timeframe chart, and no such signal on the five-hour chart. The five-hour chart is suggesting to move to the 94.52 level. So the cool thing here is that, I mean, I can't completely say that for the two-hour and four-hour chart. They're in the bars following bar number nine and I don't know where these bars that the two-hour timeframe chart as an example close at 10 o'clock. It's 8.46 in the morning. So it's what I was going to say is if we trade below today's lower that we're definitely headed lower out there. I can't really make that call at 8.46 in the morning. But here's what we know. Interday-wise, lights we crude is tempting to form a bottom. And if it does take out the lows of the pattern that form the TD9 counts for the 120 and the 240 out there, if it closes below those lows, then the signal is that price is headed lower. And again, that brings up the 93.75 level as a price target. So let's go ahead and kind of finish off the general markets, so to speak, the general US market, well, international markets overall, by going and take a look at a 30-year treasury. What is the signal coming from the 30-year treasury right now? Well, we take a look at the daily timeframe. The daily timeframe has a nice confirmed TD9 count bottom. The price right now is trading above its red oscillator and change line. Let's expand out the daily timeframe chart. Let's pull this back just a tad. What we have not seen the 30-year treasury do is trade above the red oscillator and change line very much since the beginning of March out here. We've had a couple of sessions. We're above it again. Now, you're above it again, but you're below profile. So the first level of resistance here for the 30-year treasury is going to be the 142, I've got to do the quick conversion here for us. It's going to be 142, 142.01. 142.01 to 142.03 is where there should be resistance. If price can take that level out, then we're looking to move to the 143, 23 level. And above that, 145.13 would be the area where price would target to. As we pull the daily back to its normal size, and we look for intraday signals out here, if we take a look at the 30-minute timeframe chart, it's showing us that it's trying to form some type of short-term top. And that is because it has an erosement communicator signal that did complete at 8.30. Now, price is just also consolidated with inside the daily profile. So it's not as if anything is broken down here. But if price did close below 141, that would signal a pullback to the 139 level. The 30-minute chart is the only one at this stage. All the two-hour timeframe chart could form a TD9 count top out here, but it still needs a couple hours to form in order for that to occur. So it won't go there, won't go, the 240-minute chart is taking out a resistance level. As did the 120-minute. It's really suggesting it wants to move higher. So I think that if the highs of the day fail, meaning it closed above, and that would be a close above the price point of, 141.20. If price is able to close above 141.20, what you'd expect and what you would anticipate is a further rally to continue in the case of 30-year treasury. We know that's a 142.01 area is a resistance level. So price is above 142.01. Then we're looking to move to the 143.72 level. So boom, I know, the last thing that we'll do here with our last minute, because we've really covered all the markets, we haven't covered commodity markets per se. Well, really, we haven't covered soft goods as an example, but we also haven't covered the international markets. So we talked about how markets got a little bit shellacked last night. So let's go take a look at what did that mean? If you take a look at the Shanghai, the Shanghai has closed below a TD9 count bottom pattern out here. That suggests lower price, lower price to wear. And I'd really have to put more time into this, give more chart. But it looks like it's headed back to the lows of March of 2020. Yeah, that's where the Shanghai is headed to is the March 2020 lows out there. We take a look at the Hangsang. The Hangsang negated a TD9 count bottom out here. That suggests that price is gonna go make a low for its March 15th low out there. The DK is gonna go target a recent swing point. That's a swing point from April the 12th. The DAX may be targeting its breakout level of 13.199. The FTSE is trading below its breakout level of 74.73 out there. We already covered the currency pairs out here. So international markets are suggesting that they want to move lower. We'll be right back. The reality is that navigating financial markets can be risky. Markets can be chaotic and difficult to understand. Having the latest market advice can help you turn this chaos into a key for creating winning trades. At TFNN, we understand that it can be hard to find reliable market news. That's why each of our market experts offers their very own market newsletter. A must have tool for every trader out there striving to find an edge in today's markets. TFNN newsletters cover every aspect of the markets so you can analyze the market before you trade. Try any of our great newsletters risk-free with our 30-day money-back guarantee. Just visit the Newsletters tab on the front page of TFNN.com. TFNN, educating investors. The gold market has taken off topside in a large way. If you want to take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metal sector as well as the markets that move gold, which is the currency and bond markets. News subscribers get a 30-day money-back guarantee so you have nothing to lose. Every Monday morning I publish the Gold Report with coverage of gold, silver, bonds, the XAU, HUI, GDX, as well as more than 30 different mining equities. To see for yourself the types of profitable trades that are recommended within the Gold Report, sign up now by visiting TFNN.com. Don't miss out on the next great gold trade. Sign up today. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the markets open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights today and try all of our products and newsletters 30 days risk-free with our money back guarantee at TFNN.com. TFNN, Educating Investors. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Back folks and thanks much for joining me early again if you're listening at the normal timeframe. Thanks much for doing that. We'll be back to normal programming come tomorrow. The charts that are up on our screen right now are the four 30 minute equity future contracts out here. So we've gone through those in detail and let's just follow up on what they're communicating to us. So the upper left-hand panel chart, you may recall when we looked at what the markets were doing this morning, we took a look at the ES mini. We noticed that price had pulled back to its daily breakout level. That's at 42.39. So 42.39 is gonna be a key level, whether it's 8.54 in the morning or whether it's 1.54 in the afternoon out there. If price closes below that level at day's end, that's gonna suggest that price is gonna go make a run for its March or February lows out there. But in the short term, price has pulled back to a key level of support. And we took a look at the five different interday time periods that we track for top or bottom signals out there. And for the five inside the ES mini have bottom signals. No, it's a 30-minute chart that you're looking at here. And price is taking on its first level of resistance. That is the center of its profile. That's at the 42, I'm sorry, that is at the top of its profile. And that's at the 42.52 level. So call 42.53, we're at 42.47. If price closes about 42.53, you should expect a move up to 43.11.75. That's a TD9 count breakdown level. The NQ, which is, it's actually the Russell's that is the weakest percentage wise right now. But the NQ, which is certainly struggle, it's got a nice rogement and indicator bottom. And very similar to the ES mini with regard to its interday time periods. It is trading above resistance right now. And resistance is 13.295. Now you got four minutes left. Your price closes above that level. Your 13.305, its signal is a move up to 13.508. The Dow equity future contract is trading above the top of its profile. It's signaling to you that wants to make a move to 34.137. And the case of Russell 2000, which is the weak link, it's going to take on the 1929.40 level. Close above that says move to 1952. So folks, thanks so much for joining me early. I know it looked very bleak out there, but what you and I do is we take a look at the charts, we take its signals and let the charts communicate to us what the market's intentions are. Folks, stay tuned. Tommy O'Brien is up next or David White, depending on what time you're listening in. Have a magical Monday, folks. 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