 of TFNN, The Trader's Edge with Steve Rhodes. Call now toll free at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now Steve Rhodes. Good day, folks. Welcome to the January 21st, the Foster's Friday edition of today's Trader's Edge show. This is 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, when you and I make that one little two-by-four shift, well, it means we can find the 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. But really, it's just past eight o'clock in the morning. So if you are listening live, we would love to hear from you. You can reach out to us at 877-927-6648. If you're listening live between eight and nine and you can't call in, you can always send me an email. Send it to Steve at TFNN.com and inside the subject heading, please put radio show question, of course, in our Tigers then, well, any. And every ping will do. So let's go ahead and get this show started on Fantastic Friday. Of course, this is Tiger. Financial News Network, I'm Steve Rhodes. Welcome to Let's Show. We begin the morning with our equity futures trading lower. The Dow futures are off by 116. NASDAQ 146. That's 1% S&P 6 tenths or 27 points. Russell 7 points, about 4 tenths or a cent. Gold's off $5. Silver down 20 cents. That's 8 tenths. Platinum is off 17 bucks. Nearly one and a half percent. You've got Lightsweed crew trading out at 84.57. That's down 97 pennies. And a 30-year treasury is up one full point trading out at 155. 15. Let's go to our first caller. We've got Brent in Martinez, California, who's joining us early for tea and crumpets. Brent, how you doing? And thanks for calling. Well, I'm doing great, Steve. How are you this morning? Very good. Thanks so much. So the early bird is going to get the early worm out there. Is that early worm Netflix? Yeah. This is here. We are another Friday. And of course, I like this. I love Fridays for a lot of reasons. But of course, because it's the last day of the for the options before they expire. Yes. This case, they're monthlies. And I just, the thing that's intriguing me about Netflix is that if you bring it up, I mean, it's a pretty obvious A-B equals CD pattern. And of where the thing is trading pre-market, it would be a, it looks to me like a 1.618 expansion of that CD-D leg, but you can take a look at it. And so I'm, I think it is, I'm going to try to get some kind of, I'm sure it'll be down for the day, but just looking for some kind of bounce potentially out of it. So I'm going to be looking to pick up some calls, like maybe the four 10s or something to see if it can't bounce up to that level or beyond. And then yeah, I've expected it will still be down, but that's what I'm looking to do. So. Okay. So if we take a look at Netflix in the pre-market, it's trading out of 409.50 as we speak right now. As we go back to the three multi timeframe charts out here, 500.78 is the bottom of its monthly profile. Now, obviously the month is not ending, but trading below that because we're below the bottom of the daily, below the bottom of the weekly. And now we potentially, you know, during the day could be below that 500.78 level, just something to take into consideration. Now, in the case of Netflix, there's multiple A to B equals CD down patterns. I've drawn in what I think and as the folks, as the, as each candle gets generated each day, provides us with additional information. Sometimes it provides us with the opportunity to change the A to B equals CD pattern. So I put in here the larger one, Brent. I understand the 1.618 expansion on the smaller one that you're looking at, but either way, whatever A to B equals CD pattern that we would put in place out here, we wouldn't get a confirmed bottoming signal. Like what I refer to as a buy the D point until we were to get a bullish reversal candle on a daily basis. So certainly in the pre-market, we don't, we don't have that. What we'll want to do in the case of Netflix is we'll look at my white background chart. So let's pull it first, Brent, any questions about these black background charts? I'm assuming that you're able to see these in Tiger TV. Yeah, I can. There's a little delay, but no, I can. Okay. All right. So any question about the A to B equals CD pattern that I just recently drew in? No, you can go to the white chart. That's fine. Thank you. Okay, great. So let's pull over Netflix. Let's look at those white charts. And on the daily time frame, so again, we're looking for signals. Today, what we do have out here is wave number seven. That's letter G. So that's in place out here. But if we get a lower low today, sorry about that. If we get a lower low today, then that just extends itself. So that would be one potential bottoming signal. Because of the A to B equals CD pattern, I'd be more inclined to be looking for that bullish reversal candle to confirm a bottom. But by that stage, that might get away from what your trading idea is. So that's the only bottom signal that I have out here in the daily time frame. Brent, any questions about this chart before I go switch over to the weekly? No, I think that's good. Thank you, Steve. Okay. So on the weekly time frame, as we take a look at it for a bottom signal, price is trading below its breakout level. And if it does close this week, below five, 12, 30, that's going to suggest that it wants lower price out there. As I look at the monthly time frame chart, if it were to close below, we know it's trading right now below the bottom of that monthly profile. That could signal that Netflix is getting, is preparing to pull all the way back to the 290-25 level. Lastly, I'll look at a 30-minute time frame chart. And as the Netflix closed yesterday, it was bar number seven. So if you're looking for any type of in-interday signal out here, watch how this trades between 9 and 9.30. Right now it appears it's going to trade lower. That would be bar number eight. So I would be focused on the, for your specific need, I would be focused on that 30-minute time frame chart and look for some type of bottoming signal there. Where a counter-trend move would take you to, and that's based on the current 30-minute profile, Brent would be 518-22. So that would be the level you'd want to see price close above to then at least suggest move to 525-44. So what additional information can I provide to you? It's a little hard for me to see on the charts just some of the different, you know, figures on there. Is there anything down around that 400 level that would be, you know, some kind of area that could be support or what's, what are your charts showing? Nothing. Okay, all right. Yeah, unfortunately, yes. Okay, good, that's good enough. I take that back. The next potential level would be 486-28 and that is a TD-9 count breakout area. So what you'd like to see here on a daily time frame is probably a TD-9 count form next week above that 486-28 and that might give you some options. But right now that's the only support level. I've got 486-28. Okay, yeah, I'm just looking to do a day trade and see if the thing doesn't get some kind of balance. I know it's going to be down, but it's ugly. There could be just some kind of, you know, that they have enough movement in it that it could certainly have some kind of, you know, interim pop up a little bit even as 10-20 bucks. That's fine and I'm out. Absolutely. Okay, perfect. Hey, Brett, thanks for kicking us off from all the way out in California, folks, where it's pretty early in the morning, I would say. And always good to speak to you. So have a wonderful weekend and we'll look forward to speaking to you hopefully next week. All right, you did the same, Steve. Thanks so much for your help and take care. You bet. Let's go out to Gary in New Buffalo, Michigan. Gary, thanks for calling. Thanks for holding. How are you today? Hey, well, you know, we got Brett. We got hope and we're giving it everything we got. How are you doing, buddy? Good, good. Hey, hang on. We're going to go to a break here. We come back with Gary. We're going to take a look at New Skin. Tinker symbol there is N-U-S. Steve Rhodes with TFNN and Gary in New Buffalo, Michigan. We'll be right back. 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 TAS Profile Scanner is the premier market profile based scanner powered by its acclaimed TAS proprietary algorithms. This feature-rich scanner instantly filters over 2,500-plus global financial markets such as stocks, ETFs, commodities, futures and forex. 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For free, each host is an experienced trader and gives their take on the market while taking calls and questions live 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. Welcome back folks. We're on the phone with Gary in New Buffalo, Michigan. We're taking a look at ticker symbol New Skin. NUS is the ticker symbol out there and one of Gary's favorite stocks. Gary, how can I best help you this morning? Well, a bit concerned. Obviously, I've been following along on the market downturn and there's a lot of pressure down and I got beat up before when it got hit and I've got options and so some of them expire in March and I'm thinking of just trying to get out of them and then take it longer. I don't want to get caught in a real significant downturn here again because it's made its way back to some good, you know, to that number that we talked about a couple of different times and had gone over it. Now it's gone back underneath it. Yeah. So I think that I don't, I can't recall the last time that you and I spoke about NUS Skin, but what I can share with you is on January 7th, what NUS Skin did for a daily timeframe was it generated a TD9 count top and yesterday in the day before price closed below the bottom of its daily profile which was $52.19. So two consecutive closes below that typically suggest that it's a real breakdown. Now that real breakdown should take price to $49.02. Now I do not know whether $49.02 will hold. That is its breakout support. That would be the key level of support, $1, you know, almost $2 lower than where it closed last night. That would be then generating a signal for you that, okay, there's something more seriously wrong. Stocks pulling back their breakout level, that's a normal thing. That's where you would be looking to buy the dip, so to speak. Now what it doesn't look like is that price will get back to that $49.02 level with some type of bottoming pattern to pull back to support. So $49.02 is the daily timeframe level that you would be watching for. Can you see the chart? Are you watching a SunTiger TV or are you going to pick up the archive? I'm going to pick up the archive. Okay, all right, so that's the first level. Yeah, that's the first level for you to pay attention to. Now the weekly timeframe chart also generated a TD9 count. Now that was two weeks ago and that was right at the breakdown resistance level of $53.83. And so this is suggesting $48.28. So the two price target areas are $48.28 and $49.02. So that would be kind of the area that you'd be really keeping an eye on. But everything right now looks like it's going to move lower out here. With regard to the monthly timeframe, I don't really have any signals there that are going to help us on a 30-minute chart, but we're going to look at a signal. I don't really see anything here that's assisting us as well. So I don't know what it's doing in the pre-market, but it does look like it's going to go target that $49.02 area out there. I don't know if that's what you want to hear, but that's what the charts are at least communicating to you. Whatever you have for me is what I want to hear because you're the man. Okay, all right, well, let me just see where it is trading in the pre-market here real quickly and hit much new skin, NUS. NUS is trading right now. Last trade fired up at $51.21, but the size of two. So, yes, there's not any intraday information really to help us out here. So, Gary, is there anything else that I can provide to you? You know, since we're on a roll, and I love talking to you, and you make my day when I do get a chance to talk to you. You're too kind. No, it's true. And if you look at Palantir, I know a lot of people are in it, and I've been moving more and more into it. Not much right now. I'm waiting to try to make sure it really bottoms and then go from there, but I am looking to make a long-term position more and more into that. Okay. So, the only signal, let me see what we have out here. You do have a TD9 count bottom signal that took place not yesterday, but the day before. That low is $14.54. That's suggesting that it wants lower price. Right now, as I take... So, it's really kind of neutral, but leaning more bearish out here because what we saw take place yesterday was price moved up, tested and rejected that red oscillator and change line that tells us we have a price oscillator below zero that is falling and that is a bearish signal out there. So, the daily timeframe has some potential, but see how it trades today. What you'd really like to see at a minimum before I would enter this trade is that oscillator and change line. So, right now that's printed at $15.24. That's what I would be looking at there. Otherwise, it looks like Palantir could get all the way back to its IPO, which is in the $8.90 type range, $8.90 to $11 show and you're at $14.62. So, right now what I would do if I were you is I'd just be patient on this. I wouldn't take a long trade at this stage. Now, it's great. You'd be well, my dear friend, and make it a great day. You too, you too. That was Gary Newbuffalo, Michigan. Thanks so much for calling. Let's go to our next caller. It is John in Philly. John, thanks for calling. Thanks for holding. How are you doing this morning? Steve, I am very good. I suspect you're doing the same. Doing the early show. You've got good things going the rest of the day and the weekend, I'm guessing. Yeah, I've got a bunch of... All next week I'm going to do the early show as well. I've got some family coming in town and so, you know, one o'clock in the afternoon could screw up, you know, lunches, things like that. So, you're going to get me at 8 o'clock in the morning for the next, you know, today and then all of next week out there, which is nice. I like it. I'm up early and it's great and it gives you the freedom in the day. But I know you call to talk about the 30-year treasury. So, how can I bet? What information can I provide you with? First background, Steve, I checked my records. The last time I traded the long bond futures was April of 2021. So it's been nine, ten months. Yeah, perfect. You know me. I look to trade markets where I can envision intermediate term rallies or declines. Over these past ten months, eleven months, I have listened intently at trading and speculating on the short side, the bare side. I have to give kudos to Larry Pezzavento who trades these actively and has found every tradeable top. On the other hand, I also have to give kudos to Tom O'Brien every tradeable bottom. Yeah, I love that. So if you're looking to trade either way, I found both those individuals been in being patient and waiting for the direction they're looking for. For me, with the long bond having traded in a range in the past year of 167 down to 153, I have been as to the intermediate term. So that's the background. What I observe, as we all have observed just this week, the DragZBH2 that March bond went down and hit a low of 153. That is an exact double bottom with the March 2021 low. So it's very obvious we did that and we've bounced a point or two and traded it. My question to you is to that 153 area. Is there anything showing up on your daily, weekly monthly charts that says an important decline is completing and now we're going to do something else Perfect. Great question. We're going to answer that question as soon as we come back from this break. So please rejoin us in just about three or four minutes. This is Steve Rhodes with John in Philly taking a look at the 30-year treasury. We'll be right back. 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 TD, 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. 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In collaboration with Tom O'Brien and using his best-selling book The Art of Timing the Trade Your Ultimate Trading Mastery System David White has programmed an outstanding piece of software for many traders' methodology. Using this first-of-its-kind program The Art of Timing the Trade chart allows you to scan thousands of stocks for Fibonacci formation setups including Gartley's, ABC's, Butterflies, and much more. The Art of Timing the Trade chart 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 so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade charts today by visiting TFNN.com We're on the line with John and Philly. We're taking a look at the 30-year treasury. Try to understand what it's communicating to you and I. So one of the timeframes that John had mentioned was March of 2021. And we're taking a look at the very bottom left-hand panel chart. Bar number 8, John, of a TD9 count. It did complete that TD9 count in April of 2021. And that led to a bounce of why it didn't find resistance where it did. I'm not sure. But it did find resistance at that area. And what price did do on a monthly basis, the month of July, the month of August, we had two consecutive closes above the top of that profile. So typically, when you close above the top of a... So prices pulled back into this profile and it's found support where it should have found support. And it's really a range, John. The range was between $150.26 and $150.305. The low so far this month is $150.307. So if you're asking me a question, is there a possibility that price is pulled back to a support area? That would be the support area in the range that we would look at. Any questions about that so far? Got them so far. Perfect. Now, this set of charts that we're looking at, folks, in order for me to get market profiles, I have to use a synthetic version of the symbol that stitches together all of the futures contracts and it does a better job of doing that and maintaining its profiles versus using a continuous contract. Sometimes when that occurs out here, we can get different profiles. And what I'm referring to is the daily timeframe right now. And this is where sometimes there's a little bit of a confusion out here. On a daily basis, what price is doing right now, whereas the monthly was trading into the support level of a bullet-structured profile, the daily, when I use a synthetic contract, is trading into the resistance zone of its daily timeframe. And that's between $155.24 and $156.28. So typically, you wouldn't enter a new position as you're moving into resistance, although that's the zone out there. So that's one zone that you're taking a look at. Any questions about the daily so far so good? Okay. Now I'm going to switch over and take a look at the actual March contract. And here's where you get kind of the fly and the financial ointment, so to speak. In fact, this is great because I didn't realize I had on this set of charts here I've got both the synthetic version of the symbol, right-hand side. You can again see that profile versus the left-hand side, which is the March contract. I know somebody's going to ask me which one is right. I have to go with both are right out here. What are they communicating to us? So we have $155.06. We're trading $155.11 right now. For the March contract, price gets back into its profile. And that would then suggest, John, that price should move up to $156.12. We know that the top of the synthetic contract is $156.28. So there's the possibility that we would get a further rally. Now before I go to the intraday charts to see what's going on and what levels might have to be taken out in order to get to that rally, let's talk about now these two side-by-side charts. No, but I do have a comment to interject, please. Please, right ahead. Go right ahead. You showed data and the question that I know you've received all the time from a great many of your clients and that is, okay, which one is right. My comment here has to do with that question. This was a teacher of mine. You've got a bunch of tools and Ryan has talked the concept very well over the analytical tools and the way Richard was by developing technical tools coming up with price points, time points, what market action, what price action is actually doing and if price action rallies or declines into a calculated figure who got actionable intelligence there. Technical indicators are right nor wrong. They're just tools. I think it's great, and each person that calls in and shares information with us is so valuable to the listener base out there. So we all appreciate that and with regard to that Sears & Roebuck tool, I always did like Craftsman Tools. I thought they were well built out here. If we switch over to that actionable information, regardless of which profile is correct out here, when we take a look at the daily timeframe that's going to be chart number two from the right-hand side at the upper level, we can see that price is also testing that red oscillator and change line. And what we can see here, John, is price has been tested and rejected it a couple of times. So right now price is trading above that level. So if there is a close above what I would say 155.06 right now, that is then a suggestion of at least a further retracement higher, a further move higher out there. The level of the 30-minute timeframe chart tells us that price needs to close above to suggest that its rally on to the upside is going to be 151.21 and that is the TD9 count threshold resistance level that was created because of the TD9 count pattern. So the two levels to be watching today I'd say would be 151.21 John, if there's a close above that that suggests that we should see a move higher. That move higher could be between 155.24 and 156.12 out there. And that's what the charts are communicating to us. Does that help you? Thank you so much. One last question before I jump. Look at that weekly chart. The one-week chart on your eight panel series. I see an A, B, C, D down. Looks like it's completing. I see a Chapman wave leg D. Remember Basil's rule about going to at least A, D. And what else do I see? Well, I see those and ask the question. Do those suggest Oh, and I also see you've got the candlestick charts. I see a potential hammer candle. Does that suggest bottom and an important one at that? It does suggest a bottom. So it does. I've drawn in just the A to B leg and then I move that over to the C to D leg. So you're absolutely correct. You've got that. And because last week's candle was a doji candle out there whether it's a hammer, if the pressure simply closes above last week's high, you'd at least get a last week's open and close out there, you at least would have a bullish and gulping candle. So yes, if at the day's end we get that bullish reversal candle, that would be a signal of a bottom. Absolutely. Thanks so much, Steve. I'll hop. You bet. John, thanks so much for calling. That was John in Philly. And so let's go to, we've got just about 15 seconds out here. So there was a question to take a look at ExxonMobil. So let me just at least get back to the charts out. In fact, two questions that came in this morning. And so let me get the three panel charts up on our screen. XOM is a ticker symbol. And so we'll take a look at this when we get back from the break. Of course, we're going to look at ExxonMobil. We'll go take a look at Lightspeed Crude as well. Steve Rhodes with TFNN. We'll be right back. 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 den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our TFNN hosts live during their shows. Interact with other Tigers and Tiger's as they share trading ideas, news analysis and discuss the market action all trading day. Subscribe to the Tiger's Den risk-free with our 30-day money-back guarantee and become part of the TFNN trading community. TFNN Educating Investors The Tiger Realty is a firm that has extensive experience in the Tampa Bay area. Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain areas of the market. Before you make one of the biggest decisions of your financial future, call Tiger Real Estate LLC today at 727-329-8322 or email us at Tiger at TFNN.com That's 727-329-8322 Call us today. Are China A shares hot or not? If you trade China A shares, now may be time to take a closer look. Trade C-H-A-U or C-H-A-D Directions daily CSI 300 China A share bull and bear ETFs. China A shares in either direction. Visit Direction Investments.com today. An investor should consider the investment objectives, risks, charges and expenses of the Direction shares carefully before investing. The Prospectus and Summary Prospectus contain this and other information about Direction shares. To obtain a Prospectus or Summary Prospectus contact Direction shares at 866-476-7523 The Prospectus or Summary Prospectus 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 Welcome back, folks. I'm both David in Tombal, Texas and Hector and Patty. Our fuel injectors want to take a look at the Exxon Mobile. So first let's do this. Let's take a look at LightsWe Crew. That's what we've got on our chart panels out here. And I've got the Daily, Weekly, Monthly and Quarterly Profile Levels. Now, LightsWe Crew just rolled over into its March contract out here. And so I believe that, and I do have different profiles for the March contract the synthetic version that we have out here. When we roll over, I'm more comfortable saying that the profile that is more significant to us is the one in the upper left-hand corner. Here's what we know. We know that there's an A to B equal CD to the upside. There's no bearish reversal candle and price is stalled. It's just consolidating with inside its daily profile. That range is between $83.18 and $87.10. So that actually formed last night. Now if I pull over the white background chart what we're also going to see is that price is held support. And the key level for it is this green oscillator and change line or that could be red. At times right now it's green. What that tells us is that the price oscillator which is the difference between the 19 and 39 period expansion moving average that it is above zero. Now because the line is green that tells me it's above zero. When price is above a green line it tells us we have a rising price oscillator above zero. So that's what we've got out here. And so support has definitely held. If price were to close below $84. Well one would be below that green oscillator and change line. We'd be below the bottom of that daily profile. And that would suggest a further retracement. That's not what we have at the moment. So it's really kind of neutral to bullish would be its signals out here. There is resistance to the upside beyond the daily profile. And that's on the quarterly profile. That's $89.03. And if price is able to close above $89.03. Boy that's going to suggest that. Well it suggests you could run all the way back to $20. That's not what I'm calling out here. But that's what it would suggest to both you and I. So now let's go take a look at ExxonMobil. Which is certainly going to trade off of LightsbyCrew. And we take a look at ExxonMobil. Price is above the top of its daily profile which is down at $69.50. It's trade or close at $73.27. It's above the weekly. It's above the monthly profile. So ExxonMobil also looks bullish. The weekly has an A to B equal C to D to the upside. That's the center panel. Price is on the left hand side of the D-leg. Tells us about a very strong upward momentum move. So LightsbyCrew ExxonMobil should be making its way up to the 76-12 level. I'm not saying it does that today but that should be its next target. If I pull over the white background charts out here for ExxonMobil, again we're looking for any kind of a topping signal. Instead what we have is a momentum signal. And what I mean by that is the trading day of January 14th. That generated a TD9 count top. And it didn't even have a hiccup because the very next day of the month that high closed above it tells us about a strong momentum move to the upside. Now you didn't need me to tell you that but that's what the technical signals are communicating to us. So no topping signal at this moment on a daily timeframe for ExxonMobil. Nor is there one on a weekly basis. Yes, price is moving higher doing less relative energy. But that requires a bearish reversal candle to confirm erosement of indicator top. So nothing on the weekly at this stage and certainly nothing on the monthly. So ExxonMobil looks like over time wants to continue to move higher. And sorry about that folks. I've had all kinds of problems with things technically. Now I got the TV on for some reason. And okay, so I got that up if you were picking up that sound. So ExxonMobil here looks very, very good. So Hector and David, thanks so much for writing in. I do hope that that helps you out. Now one of the things I haven't done, there are a couple more questions that are in here. But one of the things I haven't had a chance to do today, at least this morning, is to take a look at what's going on inside the equity futures. People are trying to understand, I'm sure, hey, what are these markets doing? Or what are they getting prepared to do out here? So let's do this. First, let's go take a look at the daily timeframe chart. So we're going to do it in several different ways because I really do think we want to spend some time trying to understand what the markets are communicating to us. So first, we'll just simply start with the daily timeframe. And here we take a look at the ES mini. We'll really take a look at all four of these contracts. The only one that has a potential for a bottoming signal comes from the Russell 2000. So that's where, on the area where you should be focused today. If you're listening at 1 o'clock, 1.46 in the afternoon, this is an area to be taken a look at. Why? Because if there were to be a bullish reversal candle, that could confirm erodesment and indicator bottom. There are no other bottoming signals for the ES, the NQ or the Dow. Now, each of them have A to B equals CD down patterns. If we were to see some type of bullish reversal candle today, then that would confirm a buy the D point. If you look at the Dow, it's oscillator and change line. Change colors yesterday went from green to red. Typically when the colors change, we see price and that oscillator and change line catch up to each other. Now, it's more likely to happen when we get a bottoming signal. So that would require that bullish reversal candle. Short of that, that would suggest that price wants to get back and test those December lows out there. The NQ, when we take a look at it, it's trading below its breakout level. It's really two breakout levels. 14,785, we're 14,723. So watch that level. Price regains that today. That's going to make us say something to think about. If it generates a bullish reversal candle, that's going to then confirm a Gartley buy pattern, or at least a buy the D point out there. And then that would then suggest they move back up to its oscillator and change line. About the 15,378 is area out here. Back to the ES mini, no bottom signal here. In fact, based upon yesterday's close, it would suggest to move back to 4348. But here again, if there's a bullish reversal candle that forms, then that would suggest a buy the D point. And here price would move up to its oscillator and change line, which we expect to occur because it also changed colors a couple of days ago. But we don't expect that to occur until we get that confirming bottom signal. That's coming from the daily timeframes. What I'm going to do next, I'm going to switch over and we'll do the deep dive into our A panel charts for, let's start with the ES mini. So we'll begin with the ES mini, and here what you've got. So right now, well on the monthly chart, we're still a ways away from the monthly time frame out here, but prices below that green oscillator and change line, I'll just expand out the chart here. If it does close below that, that's signaling to you and I that we could see a move back to the 3720 level over time. Remember, in the early part or the end of the year, I had mentioned several times about all of the TD9 count tops that have formed on an annual basis, on a yearly basis out here, not really annual, but on a yearly chart out there that was suggesting to you and I that we could see a one to three year pullback. That's still absolutely in play out here and at the ES mini close below that oscillator and change line, currently 4542, at the end of the month, you'll be given the first signal that that is a likely outcome, and you can see you've got a TD9 count pattern here for the monthly time frame as well as having it for the yearly time frame. On a weekly basis out here, you've got a confirmed roadsman to indicator top, this suggests to move back to 4126 over time, the daily time frame, we've really kind of covered that. There is an A to B equal CD to downside, a bullish reversal candle would then give us that bounce up in that oscillator and change line approximately 4614. Is that a possibility today that we get a bounce? Well, that's where we go to this inter-day time frame chart. So on the 30 minute chart out here, you've got a confirmed roadsman to indicator bottom. And only if price were to close below 443975, would that say, eh, maybe no real potential bounce here. If I look at the 60 minute time frame, you've got a TD9 count top. Now the 60 minute time frame, what's cool about that is it clearly shows us why price stopped where it did earlier this morning. And that is at the center of its bullish structured profile. Why was that an area? Because at the center of a profile you have both buyers and sellers. And price stopped right there. And so sellers have the upper hand. And what that means to us is if price does close about 4476, that's going to suggest then, okay, buyers have got the upper hand and that can take price to 4545. So in summary, the inter-day charts have bottoming signals. There is potential out here for a bounce. And that's really all Stevie's got. I'd say in the ES Minute, the key level to watch the 4476 out there. Steve Rhodes with TFNN. We'll be right back. The reality is that navigating financial markets can be risky. Markets can be chaotic and difficult to understand. 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The investment is for four years, paying 7% per year or $7,000 per a $100,000 invested. 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 on $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. But it's a key level of support. The daily timeframe as we've talked about needs a bullish reversal candle. Here on the intraday charts, 30-minute has a rose-meta-mindicator bottom, TD9 count on the 60, rose-meta-mindicator bottoms for the four-hour and the five-hour timeframe chart. Watch those oscillator and change lines. About the 34, 740-level price can overcome that. Then that's going to suggest a further rally. In fact it could suggest a rally up to about 35-40. to rally up to about thirty five to thirty two and just to finish this off will take a look at the end queue out here that way you've got everything to look at the again and thanks for listening at eight o'clock in the morning and all next week we're gonna do the same thing what's the level at the end queue needs to close above to suggest a run higher a further move higher I'd say fourteen eight sixty one price gets about fourteen eight sixty one you can see a move to fifteen two forty five folks stay tuned Tommy O'Brien is up next if you're listening at nine and if you're listening to one it's it's a David White our favorite polar bear so have a fantastic Friday a wonderful weekend and I look forward to seeing you bright and early Monday morning for tea and crumpets at about eight oh six a.m. take care folks building wealth trading in the stock market seems impossible to most people they think it's too volatile and risky most people aren't going to take the time to educate themselves on how to do it right but you're not most people are you at TFNN you'll get the guidance you need to refine your strategies and techniques to invest like a pro because you'll be a pro all TFNN subscriptions books software and courses are available at TFNN.com and I'm even going to tell you how to get them for less use TFNN's tiger dollars and you'll get up to a 20% bonus on your purchase and once you apply them to your account tiger dollars are automatically used for all future or recurrent charges tiger dollars also never expire are fully transferable and are a great way to add savings to your newsletters or services become the investor you were born to be at TFNN.com TFNN educating investors