 we talked to our man Steve Rhodes. Now folks, you can check out Steve Rhodes every trading day with his newsletter, Mastering Probability. You head on over to the newsletter tab. You can do it while we're sitting here chatting with Steve. Talk to him. I think it was a couple of weeks ago, man, and we were talking about quite a price tag on this S&P and we got him back. Steve Rhodes, good afternoon. Hey, Tommy, how are you doing today? I'm doing well. How about yourself, man? Doing good. Do you have any skin in the game on the football game last night? You know, I had a little skin on the Chiefs. We got legal sports gambling in Florida now, baby, and I can't go against my homes, man. I mean, we're watching something pretty cool. I know you love sports, man. I hear you talking in your show and, of course, some of my dads. And boy, just as a sports fan, quite an awesome game last night to watch in person, man. Just sitting here in my chair right at my desk. Just pretty cool. What were your thoughts? Sure. That's really what you want, right? You want a great football game. You hate going to a Super Bowl. Can you imagine you pay all that money and then it's kind of a blowout? I know. Yeah. It's worse here. Just as a sports fan, just nice to have a great game. But, you know, and we obviously will never know if that point after was really the difference, because things would have changed. They had to block the point after attempt out there in San Francisco. It isn't amazing, Steve, how they work so hard all year. There's so much effort for all the organizations we know from playing sports. It's like you put so much into it, man, and these small little details. But when you're playing a one-game winter, oh, it's just brutal, man. Some of the passes, right? Some of the penalties I found myself saying, oh, man, is that going to be the difference when they had the chiefs had some tough penalties, man? So the whole deal. It was pretty cool, man. Great game. It was really following the golf as well. That was going on at the same time, because they had delays and so forth. And the golf tournament went into overtime. So I was flipping back and forth. But you and I were too young to have lived through the roaring 20s. Maybe it's going to be the new roaring 20s out there. We take a look back and try to understand what went on then, what might be going on now, what to be able to look for out here. So the roaring 20s, that rally began, I've got it beginning really in September of 1921 and lasting for eight years into September 1929. Now, we've never seen the Dow repeat this same type of a move over an eight-year period of time. And when I talk about eight-year period, Tommy, it averaged 60% per year. Amazing, man. I'm looking at that chart. Amazing. Yeah. Right. Yeah. So I went back and I went back to like 1896, just trying to find any period that came even close to this. And we didn't. But the important thing about this chart, because we're dealing with markets here that just seem to continue, as you say, kind of defy gravity, continue to move to the upside. We had a similar market, I would say, back in the 1920s. The important thing here, Tommy, is we're looking at a monthly timeframe chart. And those blue numbers at the bottom, those are showing consecutive moves lower out there. And we can see that once we got beyond the 20, once we got into 1925, all moves were two consecutive bars to the downside. So the buying opportunity, one was not inside the market at that time, was to, in essence, wait for a two-month pullback out there. And that's what's represented. And the red numbers up on the top of black digits out there, which is really unusual, is nine consecutive higher closes on a monthly basis. You just don't see that too often out here, probably more so in the Nasdaq, Tommy, than we would inside the Dow. But the point is this was a 1920s. And even during that gigantic rally, we still had time periods where the market moved back for two years. So what I've done here is this is a chart that the folks over at Seasonix provide me. And this tool allows me, here I've selected 1921 through 1929. So we're going from January to the end of the year. And this shows what the, how the market actually traded during that average eight-year period of time. And just simply, again, this just reiterates what I said on that first slide out there, is that we're not expecting, I wouldn't be expecting the market to just simply move in one direction. In fact, when you get a pullback of two months, that's a pretty nice pullback out there. Now this is a weekly chart. And this weekly chart takes us back to September 1921. And I wanted to understand what kind of pattern was present when the market was making a low and the market was generating what I referred to as a roadsman to indicator bottom. As you know, that's something that all subscribers get access to. I teach people about this. You don't necessarily need the automated tool like I've got in my charts in order to identify these. What we can also see here on a weekly basis, we talked about the monthly charts forming two consecutive monthly closes to the downside. And that set up the next rally out inside the markets. Here we can see that on a weekly base, we had a couple of different roadsman to indicator bottom patterns out there. Now, how important are those bottoms? If I just take a bar chart and I go back into those starts in the 1930s out here, if you take a look at the bottom out there, you'll see where these patterns actually form. And they identify pretty significant buying opportunities out there. So I'd say that the weekly bottom pattern, now that just takes us from the 30s into the 50s out there. So if we go from the 60s, 70s and 80s, we can see this pattern here. That's also formed. It's a very specific formula out there. So it's not just the matter that the pattern forms. It's a very specific formula that gets confirmed with a bullish or an atops bearish reversal candles here. If we take a look at the last 25 years, we can see that this signal has been present at every major bottom most recent one being the October 2022 weekly roadsman to indicator bottom pattern for the Dow Jones. Now, just out of, I don't think it's coincidence, but when we take a look at the October 27th, the most recent bottom that we had, Tommy, on a daily timeframe, that was also a roadsman to indicator signal that had identified that bottom. So this is a really great pattern for folks to learn. It's applicable to all timeframes, even intraday charting out there. Now, even though when I take a look at what's going on right now in the Dow, it's up 92 points. And here the Dow itself. So just focus on the Dow actually has a daily topping pattern out there. It happens to be the roadsman to indicator top. And it is present Tommy on the daily equity future contract, the daily cash index, and the Dow Jones industrial. So everybody can really follow this on the Dow diamonds. It's 38778. That's the number to watch your price close above that. This pattern gets negated and really talks about a strong further move to the upside inside the cash indices 3873862 and on the equity future contract 38892. Those are the levels to be watching out there. If we take a look at the Dow's weekly and monthly charts, that's what we have here Tommy on the right hand side there in what I see just a breakout bullish condition. So what this tells me that if we do get some kind of top and a pullback inside the Dow, that the like a two month a two month move lower is likely not in the equation as we speak right now. So what I want folks to really understand is that this is even since the October 2023 bottom Tommy and how these numbers just pop up. This is a daily timeframe charts here. The pullbacks have each been two or three consecutive moves lower before price moved higher out there. So today might just be, well, I don't know what this was taken on yesterday. So I don't it's clearly we're trading higher inside the Dow. But as you said it, I got the diamonds at 38787. So we're right there man. This is pretty amazing. Yeah, Steve, I appreciate you bet you bet. I appreciate it folks head on over. Mastering probability is right on the front page of TFNN.com right now. You can check out Steve's outstanding newsletter for 149 bucks and it comes with a 30 day money back guarantee. You can't go wrong. Steve, thanks so much man. We look forward to the show tomorrow.