 The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes. Toll free at 1-877-927-6648, or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good morning, folks. Welcome to the December. The March 8th edition of today's Trader's Edge show. It's a fantastic Friday edition. Of course, geez, I totally screwed that up, didn't I? I do that in my mind, and it just goes from there. Anyways, welcome to the Trader's Edge show. I would love to take your call. If you've got any questions at 877-927-6648, if you've got some questions but you can't call in, well, we've got you covered there. You can always send me an email. I'd love to steve at TFNN.com. Inside the subject heading, please put radio show question. Just makes it easier for me to pick out your email from all the junk that I get. I get a lot of junk out there. Of course, inside our Tiger's Den, any ping will do. So let's go ahead and get this show started on Fantastic Friday. Of course, this is Tiger. Finance and News Network. I'm Steve Rhodes. Welcome to the show. I think what threw me off there was I looked at my screen and I saw red. I saw red, the semiconductor. We're going to try to figure that out. Right now you got the Dow up 99 points. S&Ps up 15. Nasdaq just slightly negative. Russell's up 21. Summer's up 28. Trendy's up 47. So we got a mixed bag out there. Gold's up 16 bucks. Will Silver be down 9 cents? The U.S. Dollar index is up 24 pennies. It's completed the 1 to 1 a to b equal city move to the downside. We're watching for any kind of bullish reversal candle there leading to charge dollar wise. The upside, we've got micro strategy got micro strategy of 22 bucks, 2%, 30 bucks. That was super microcomputer, I'm sorry. Micro strategy of 30 bucks, 2%, super microcomputer, 20 bucks, one in seven tenths percent, HCI group, 15 bucks, 15%, Coinbase, 13 bucks, 5%, BlackRock, 12 bucks, one and a half percent. To the downside, it's Costco. 49 bucks, a 6% move there. Broadcom, 45%, 3%, Asmill Holdings, 22, Amelix, Pharmaceuticals off 80%, holy schnikes. Oh, nobody's got that. That's a $15 move to the downside. And LAM Research off 12 bucks. That's a 1% move down there. So let's go take a look at what you want to look at in the markets. What would that be? Let's go take a look at the daily and the weekly equity future contracts. I'm not sure if that's what you want to take a look at, but we're going to, we're going to switch over to those white background screens. The reason we're switching over here is because, well, I want you to be aware of what it is we're going into as we end the week. And that means look at that bottom panel. Bottom panel is the weekly timeframe. ESMini will complete a TD9 count top this week. Now what that suggests is that price will pull back to test support and support is down at the 50-38th level out there. That's that green oscillator change line. That number is going to move. If we take a look at the NQ, the NQ is going to complete a TD9 count top this week. Now price is already testing that oscillator and change line. It really needs a close below that to get any downside traction, that being 18058. If it were to do that, then we'd be looking at a battle at 17601 and 17239. That's the weekly chart for the NQ. If we look at the Dow equity future contract, it's completing its TD9 count. It's already testing that oscillator and change line. That's still a number. That price must close below in order to signal that we're going to see some kind of downside traction. That number right now inside the Dow equity future contract at 38-812. The next area of support should price close below that would be down at the 38-113. If price doesn't close below that level, it's not headed lower. Maybe it's headed sideways. The Russell 2000, a close today above the 2097 mark and where 2105 actually triggers an A to B equal CD to the upside when they take a look at the weekly timeframe. Now let's go take a look at the daily. Why did I want to start with the weekly? Because we've got topping patterns on three of the four. I want you to be paying attention to that. Why? Typically, when you have a top on a weekly timeframe, you'll see a top on a daily timeframe. I did say typically, right now, it's not so typical. What do you mean? We don't have any kind of a top. We take a look at the daily timeframe chart for the ES many. It doesn't mean that I can't form a top. It just means the topping signals that I use to identify tops and bottoms out there isn't present. There's a rose meant to mitigate a signal that's been triggered. Absolutely. However, that requires a bearish reversal candle to identify a top. Maybe that doesn't take place till Monday. Maybe it doesn't take place at all, but we want to watch for that. So you want to watch for any kind of a bearish, maybe it may be occurs at the end of the day. Now today will also become bar number seven for the ES many that says it could form a TD9 count top between Monday and Wednesday of next week. In the case of the NQ, the NQ actually has a wave seven signal that has been triggered was triggered this morning when we made its new all time high. Now that requires a lower high in order to confirm that top out there. If we did get that signal, then we would see price likely pulled back to the 17, 793, 17, 924 area out there. In the case of the Dow equity future contract, it needs a bearish reversal candle to confirm its top. So we don't have that. So while we've got topping patterns on the weekly timeframe for the ES NQ and the Dow equity future contract, we do not have that same signal or any kind of topping signal with the exception of the NQ, which could form a wave number seven top out there. Now the Russell 2000, we talked about the weekly timeframe chart potentially generate an A to B equal CD pattern in the upside today. The daily timeframe is going to complete a TD9 count. It also has a wave seven top, but I'm more interested in that TD9 count pattern this out there. Again, the key level here that price would need to close below would be 2077. Let's go out to Philly and speak with John. John, thanks for calling. Thanks for holding. How are you today? I'm doing very well. Thanks for taking the call and I was hoping you could help me with a very specific question. Yes. On NVIDIA stock, NVDA. Go right ahead. Steve, if in fact the candlestick, excuse me, if in fact the candlestick analysis gives this a shooting star pattern today, if that occurs, can you tell me what that would mean to you in the context of this stock and all your other work given, of course, this stock is highly extended, given it's up 80% or more year to date. It's now the third largest market cap stock in the country just behind Microsoft and Apple, but it's a star candlestick possible pattern that I'd ask you to comment upon, please. Sure, absolutely. So I accidentally deleted that chart, so I've restarted it here. So we'll pull that up. We're taking a look specifically at the daily timeframe and what Mr. Z is asking about, what John is asking about right now, that candle formation is not a bearish shooting star, but what if it were to form that at day's end? I would have to say here, John, looking at this candle formation, there's no way for NVIDIA to produce a shooting star candle. And the reason is if we take a look and so a shooting star folks, it's the opposite of a bullish hammer candle. And in order to have that, the wick of the candle needs to be more than twice the size of the body of the candle and it really can't be much of a lower wick here. So if price gets down, John, even to the low of the day and the low of the day right now is 9.20, what we can see is the body of this candle will not be, will be less than, will be more than, will be, will not be small enough because the wick will not be twice the size of the body. First, I want, I just want to, we're going to go to a break here and I want to come back and take, we'll get NVIDIA. But did I confuse the heck out of you? You're still listening. Okay. We're going to clean up that language. We'll get back to this record and take a look at NVIDIA out there. Get a feel for what it's communicating to a Steve Rhodes with TFNM with John and Philly on the other side of the line. 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Back up, folks, so we're taking a look at the charts here for Nvidia, John, Mr. Z inside the Tiger's Den, who was unable to hang on out there. He's going to listen to the discussion offline out here. I was really asking a question about, or I took the question to be if we get a bearish reversal candle inside of Nvidia today, what does it mean? He was looking at the possibility of being a shooting star. What would be identified was that that's not a likely possibility, but it could. If we're taking a look at the chart right now in a daily timeframe, John, it price closes within half the body of yesterday's candle, which is pretty much about where we're at right now, right around this 912 area. So right around there, but you could actually go do the calculation out here. If price closes within side half of this body of yesterday's candle, that would be considered a dark cloud cover candle. Of course, it might form an actual bearish golfing candle by just simply engulfing yesterday's open and closing below that, and that would require a close below 926.69 out there. So there's a possibility of getting a bearish reversal signal inside of Nvidia. It just wouldn't be a shooting star. Now, the reason to take a look at that on the daily timeframe, I can find an A to B equals CD pattern to the upside, but I've done the larger timeframes out here. I've done a weekly chart. I've done a monthly timeframe chart, and they can see the two different A to B equals CD patterns that are present. So what we do know is if I can generate an A to B equals CD pattern a weekly or monthly, that same pattern would exist in the daily timeframe. And so therefore the reason to be, therefore the reason to be watching for a bearish reversal candle today. Okay. So now that I could show you those A to B equals CD patterns, now let's go take a look at what I did then. And part of the reason to delay was my system's running a little bit slow, and I can't really reboot everything. I can, but then we'll be off the air for about 10 minutes or so, and we're not going to do that. But what I did was I wanted to put up the multi timeframe charts out here, as opposed to just looking at a 30 minute timeframe chart as an example. And so that everybody can get a feel for what the charts for NVIDIA are telling us. So number one, let's just take a look at the yearly timeframe chart. You already know that we're trading in above last year's high, gets very bullish out there. But the other thing that's very bullish here, John, about NVIDIA is it's negating its TD9 count top. It's negating its TD9 count top from last year out there. So very strong move. You didn't need me to tell you that, but it is simply, it's important to get a good view of what's going on. Because when we look at the monthly timeframe chart here for NVIDIA, it's nothing but bullish. Yes, it's attaining the 2.618 A to B equals CD pattern, but there's no other pattern that is out there. And it doesn't have a bearish reversal candle on the weekly timeframe. We've got a negated TD9 count top. That's taking place. So as we speak right now, now that would change if NVIDIA sells off and it closes below the high, which is 823.94. Not a likely outcome, but it could take place out there. So it'd be 823.94 that would say, oh, that still maintains its TD9 count. Otherwise, weekly charts as I still want to move higher. The daily timeframe chart, if we don't get that bearish, so if we did get a bearish reversal candle, we don't have it at the moment at 1121. But if we did get that, the signal then would confirm a rosement to indicator top. What that would then tell me, John, is that price would get back in test support. Well, the first level of support in NVIDIA right now would be that oscillator and change line. So that's going to be in the 877 area, 877.90 or so is on my screen at the moment. And the price for it to close below that, that would tell us for the daily timeframe that NVIDIA has lost its momentum. If it loses momentum, it's still bullish, but if it loses, and it would have a bearish reversal candle, but if it loses the momentum, odds favor further retracement. Well, that further retracement could take us back to the next level of support. That next level of support on NVIDIA would be 807.79. So now let's go take a look at those intraday charts out there. What's the 195-minute timeframe chart doing? That 195-minute timeframe is going to close at halfway through the session. That should be at about 12.45 this afternoon. Right now, we have a dark cloud cover candle out here, speaking of that. And so that would confirm a rosement to indicator top for its timeframe. The 130-minute does not have a topping pattern. Maybe there's an A to B equal CD for its timeframe. I'm not going to go ahead and try to pull that apart, nor will I for the 65-minute. Why? Because a 30-minute chart's got a rosement to indicator top. The 15-minute timeframe, price is pulled back in its testing breakout support. So John and everybody else paying attention to NVIDIA, trying to look for the first clue of a potential chink in the armor, I would have to say it's 916.60. If on a 15-minute basis price can close below that, that would be the first chink. Where's the second chink? The second chink is the bottom of the 30-minute profile, since we have a TD-9 count rosement to indicator top. That level is at 915.51. So if on a 30-minute basis right now, that level has been tested, that has held that support, but a price did close below that in less than seven minutes from now, that would signal to you and I another chink in the armor. And that chink would then suggest getting back to the 847 level. Well, if you get back to 847, well you can see right now it's about 915. Just under 915 is where we get that dark cloud cover candle, 913. Make a 913.70. That's what I saw up on my screen out there for the daily timeframe. So it's got potential here, John. The one progression step at a time, just like your QB, for the Super Bowl team out there, you start the shortest timeframe first to feel what's going on there, 15.30, 65.30. So it's got potential. So I hope that that answered your question with regard to Nvidia and as always, thanks so much for the call. Let's go take a look at some other requests that have come in. Now we can go take a look at the general markets, get back to those. This first request, well, shoot, I changed that. Nordic American tankers, my apology, this will take a moment, as I said, my system's running just a tad slow out here. And so we'll let these, this is a question coming in from Bob and Spokane. And Bob, what I can share with you about Nordic American tankers is that, is that what? Right now, price is consolidated with inside its profile. So that's your range out here. I don't know if there's, yeah, it looks to me like there was also a buy the D point pattern. So this has a buy the D point pattern. It was this bullish, bullish piercing candle, piercing candle is the exact opposite of the dark cloud cover candle out here. So that formed on February 26th, that is a buy the D point pattern that is out there with price consolidating with inside its profile level. That's between 401 at support, 413 is really your set is the center of the profile. Both buyers and sellers believe there's fair value there. And the top of resists at 433. Why didn't this change? Huh? Oh, I know, I didn't change because I deleted that chart and I had to put a new one. I forgot to get this all set. Ah, shoot. All right. So let me get Nordic American tankers out here. Let me get it for the weekly and the monthly timeframe. What I'll share with you, though, at the moment here, Bob, is that the weekly timeframe has profile levels, 389 is support, 431 is resistance. On a monthly timeframe when that populates here, you'll see that on a monthly basis, price is traded by profile resistance, which resides at 351. Now on that weekly timeframe, I don't have much more than that. The consolidation is a daily that's got to buy the D point. On the monthly timeframe, I see a teeny nine count top. That teeny nine count top has taken price back to both profile support. It's taken price back to that greenhouse that and change line. So Nordic American tankers for its monthly timeframe, Bob, is neutral. Neutral to bullish out here because sellers were not able to bust through those key levels of support out there. So that's what I see when I take a Nordic American tankers. I hope that review assisted you with your trade. Brett writes in, let's take a look at ticker symbol G triple R out here. So let's get the grrr up on our screens. And Brett is waiting to buy, he's waiting patiently to buy this. Now today, so there's an A to B equal CD to the downside. There's really a couple of them in here that we can draw. Let's take a look at the first one. The first one, which is much smaller. Our A point starts up here in the trading day of February 6. And it comes all the way down here to the low on February 8. I'm just going to move this into that C point. So there's your A to B equal CD pattern. That's really the only one we need to know right now. And so the question is, if we get a bullish reversal candle a day's end, and this could turn into a hammer candle, then we'd have a buy the D point pattern. If we're further looking at GRR, we'll get back on the screen. Gold Report As a precious metal gold is still king. 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Investing in the funds involves significant risk and should only be utilized by investors who understand the impact of leverage and actively monitor their portfolio. They are not designed to track the underlying index or security for more than a day. Before investing, carefully consider a fund's investment objective, risk, charges, and expenses contained in the prospectus available at Direction.com. Read carefully. Distributor, Foreside Fund Services, LLC. G. R. R. That is a gorilla. G. R. R. is a gorilla, something or other, gorilla technology. So we were talking about the first A to B equal CD pattern that's out there. And if at day's end this generated a bullish reversal candle, that would be a currently buy pattern. Now volume here today is still pretty high. It's so far during the day, it's done a little over a million shares, 1,068. If we multiply that times three, we get to over 3 million shares. Well, there's another swing point here that it's dealing with. That's a swing point from February 15th. That low is 73 cents. The volume there was 2.7 million. So the question is, does the A to B equal CD pattern get much larger? Right? Does it look like this? So we take this all the way up here, A, and so you've got to be one of the things with the A to B equal CD pattern. The market gives you new information. As it gives you new information, you've got to be willing to take that information and redraw the pattern. So there's still two A to B equal CD patterns out here. But this one, let's assume you don't get a bullish reversal candle today. What's its message? And because it's going to potentially pass that B point with volume, I'll tell you what its message would be, that this stock would get down to about 35 cents or so. 38 cents is what it looks like when we take a look at this A to B equal CD pattern out there. So Brent, you're waiting patiently. I think right now the first thing you've got to do is wait to see if you get a bullish reversal candle. If you do, then you've got a decision to make out there. And that decision says, well, let's go take a look at an intraday time period chart, which we could do on Monday because then we would have that action to see if that's signaling that we've got some type of bottom or just some type of little counter trend movements out there. So that's what I see when we take a GRR. I hope that that helps you out. And as always, thanks so much for your request this week. Next request comes in from Alton who wants to take a look at ticker symbol LNC out there. LNC is Lincoln National Corp out here. So I want to make sure hopefully all those LNC not LNG, but the LNC does exist. So I'm assuming that's what you were looking at. And right now as we take a look at this on a daily timeframe, I don't see much out here. What I do see is that price tried to get back inside its bare structured daily profile after being below it for weeks on and out there. So what I can share with you is on any rally Alton, 2811 is your key resistance battle. You would need to see price close above that to suggest that, okay, something else is going on here that buyers now have the upper hand. So we'll leave you with that idea that sellers are the ones that have the upper hand buyers were able to this week, just like they did about four weeks ago, test and reject the oscillator and change line and it's trading with inside this bullish structure profile. So that's suggesting, hey, it might want to get up 2856. Well, 2811 is really getting where that battle would be. I don't have a signal suggesting that that's a likely outcome right now on the daily timeframe and I have really any signal other than the sideways consolidation out there and the monthly timeframe, that sums it up. That's got a consolidation between 2211 and 2933. Those were its profile levels out there. So all to help that help you out with regard to LNC, that was Lincoln National Corp out there. If it was LNG, then right back and we'll certainly go ahead and take a look at that. Bob and Spokane wanted to take a look at tickle symbol CRDF out here. So let's pull that up. See what that is communicating to us. Well, it's communicating that it's going to complete 18.9 count top today. Bar number nine completed yesterday. Wave number four. I've got letter D. Basil likes to say and I believe him that when you get to letter four, that fourth move out there, something else can happen. Well, that's something else out here should be a move back to support and that support area would be between 303 and 316. However, if price takes out yesterday's high, when I say take out, I mean closes above it. And yesterday's high is $4.12. If it closed above it on Monday, not today, but it closed above it on Monday, Tuesday, and the gates that signal and says that we're headed higher out there. Where is its profile? Where's the top of its profile? 340. And you're trading above that right now. That's so interesting. So oh, I see the bottom is all the way down here. That's right. They want a gigantic profile. But this form, so this is an interesting, it's an interesting stock to analyze, Bob. Why? Because this profile formed below price and that is a bullish signal out there. So you've got it, I'm going to have to go with the daily timeframe, the correct signal, the correct message, the correct message at this and communicating to you and I is that on the daily timeframe, its message is neutral. The weekly timeframe is anything but neutral. It is bar number eight that's going to complete this week. So TD9 count top could form between this week and the next two. Monthly chart is trading above profile resistance at 275. It looks to me like this wants to rally further. However, you still got that TD9 count top. So support, I would watch 316. If this closed below 316, we're likely headed lower about 96 might be the area where we're headed to. And if we close above yesterday's high out there, let's say on Monday, Tuesday, or what have you, this wants to continue to head higher. So I hope I didn't confuse you. Hope that helped you out. That was a Cardiff oncology out there. Duncan Steve would like to take a look at CFLT. So let's fire that up. I think I might have to see here. No, we do have that. That should be up on our screen. That is confluent ink. And Duncan's question is, is this still headed for the $39 area out there? So let's try to answer that. This has a, so this has a Roadsman Dementor indicator top right now. So let me pull this back just a bit. So see how this has a gap to the downside out here. Duncan, that took place on May the 5th. In order for that gap to get closed, for that window to get repaired, price must close above the low of the bar from March 4th. And that low is $34.01. So far, that is held as resistance. It was tested this morning. It was tested two days ago. If price were to close above that level, again, that level being $34.01, it would close that gap. And then it would not have a Roadsman Dementor indicator top. However, I see wave number seven saying, let me try to pick that up. Yeah. So it has a confirmed wave number seven. So there are two topping patterns. Not that that makes it more bearish in one topping pattern. It just has two. And that means there's two for you to manage and watch. So CFLT, Confluent Ink, will not get to that $39 level now until you see it close above that swing point at March the 4th, which was at wave seven top. That's at $3,507 out there. Volume on that bar is about 7.9 million shares out there. And then when it dropped, oh, moved down with 6.7 million shares. So right now you got sideways move, but you do have the bearish signal out there on the daily time frame. So your question is, we'll get to $39. Right now the answer is I don't know. I don't, it's got some work to do where when we took a look at it before, maybe you didn't have that work, that I don't know on the weekly time frame chart, it's bullish out here. However, oh, now that we take a look at it, oh, wait a minute, this has got a Gertley sell pattern. So you got the top on the daily. What's the Gertley sell pattern? It's an A to B equals CD. In this case here in a move that was moving to the downside that somebody would have wanted to have gotten into. So we draw the A to B point out there, and I'll just simply copy and paste and assemble. That makes me a CPA. So let's copy, paste and assemble out there. I'm a real good one. And so now we can see this attain more than the one to one A to B equals CD. We have a key reversal bar this week. Key reversal bar requires three things. Why do you've got to exceed the prior bars high and low? It did that. Number two, you got to be an extended condition. Well, the A to B equals CD qualifies for that program. And number three, you got to close one tick in the opposite direction of the trend. It doesn't look like it's going to have any problem doing that. So you got a weekly top and a daily top out there. Price should pull back further. Where is that price target? I'd say 2831. Zero's with TFNM. We'll be right back. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the Euro dollar, pound dollar, dollar Swiss, dollar yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30 year T bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60 minute webinar archive. He just hosted forex strategies and fundamentals. What is behind the Tiger Forex report? For all the details and to start your 30 day Tiger Forex report subscription today, visit the front page of TFNM.com. TFNM educating investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. 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That third gap needs to be the largest of the three, both in percentage-wise as well as distance-wise. I don't see that. I see a large gap that was out here from the trading session on February 23rd, and then the two gaps that followed that were much smaller than that gap. It doesn't qualify, but you don't need that right now. George, right now, what we have is actual key reversal bar. We talked about a key reversal in the last instrument that we took a look at. I just can't even remember what that is. It's off my screen. That is, again, a key reversal bar. You need three things. Those three things are, number one, the current bar must exceed both the high and low of the prior bar. Well, we've now done that. Number two, you must be in extended condition. Well, no one's going to argue in that video that it's not in an extended condition. And then number three, price must close one tick in the opposite direction. In this case here, we don't need a Japanese candlestick, bearish reversal candle. You already have that. But it also does mean that price in NVIDIA today must close below $9.51.38. It's got to close below $9.51.38. If it doesn't do that, you don't have a key reversal bar. You don't have any kind of a top. You do have a Wave 7 pattern that would still exist out here. Now, here's the fly in the financial ointment with regard to NVIDIA. And that is, price has gotten down basically and tested that greenhouse that are changed on it. It's still above profiles. So even if you get that bearish reversal candle today, again, it doesn't have to be a Japanese version. It can just be a key reversal bar out there. It would still be an overall neutral signal. We'd have to have some real good compelling reasons out here when we take a look at it on the inter-day charts to suggest that that top is in. We may get that at day Zen. But make sure you're doing your analysis on the inter-day charts out here for NVIDIA as well. So George, hope that cleared that up for you. And again, with regard to NVIDIA, it really doesn't matter right now for today's price action and what we would call. Hector and Patty right in, they wanted to take a look at it. I'm going to close this out, free up some resources out here. They wanted to take a look at Caterpillar, CAT as a tick assemble. I'm going to show those charts. I'm going to switch over to my black background screen in a moment. And because the question is really about where to draw the A to B equal CD pattern. But what I wanted to also do here first, since they're asking about NVIDIA, see what kind of other signals we have, turns out that yesterday was the completion of a TD9 count top. Now, if that high gets negated, meaning we get a close above it, it being 342.34, weren't 342.82 right now. If price closed above 342.34, it negates that signal and says we continue to move higher out there. The weekly chart is only in bar number seven, needs a bearish reversal candle. If this is the completed A to B equal CD to generate a sell the D point pattern, the monthly timeframe chart does not have any kind of a bearish signal as we speak right now. So it's a daily that does have that TD9 count top, but if price closed above yesterday's high, that pattern gets negated. Price right now is also above the top of that daily profile and that green oscillator and change line out there. So its signal is neutral. It's really not bearish when we take a look at Caterpillar on the daily timeframe. Now let's switch over and take a look at the A to B equal CD pattern and try to help Hector and Patty identify what is it that we would use for swing points to generate that A to B equal CD pattern. Let's start with the easy one or easy ones first out here. And the easy ones being the monthly timeframe. Why on the monthly timeframe? Because you got less noise out there. When you have less noise, it becomes much easier to figure out. So the very first thing we've got one we're going to draw on a couple different A to B equal CD patterns. You were asking about the monthly and the weekly, I believe. So let's take a look at the one that takes us all the way back to 2009, March of 2009. That would be an A point. Let B point out here. Let's see where the high came in. Let's see. That was 1, 16, 25, 1, 16, 55. What was this one right here? 1, 16, 55. It is. So 1, 16, 55. That's high for the week of May of 2011. And then the C point is all the way down here for this in January of 2016. So that's one version of an A to B equal CD. What's the second version of an A to B equal CD pattern? We can start on the monthly basis and still stick with our A point, March of 2009. We're just going to switch our B point to the high that comes in in 2018, January of 2018. And that retracement down to the low of 2020. Now when we take a look at that A to B equal CD pattern, this has just hit the one to where did that go? Let me do this here because even I'm confusing. Let me see if this will just get rid of that one. Perfect. Okay. So that's at the 1 to 1.618 A to B equal CD. There's another one that we can draw on the monthly timeframe. I'm just going to delete this so that I don't have to confuse myself again. So on a monthly basis out here, now we haven't checked in volume because those are going to be completed patterns. They already attain different levels. Another one is starting with March of 2009 and for the high, the June of 2021 level. And then for your C point out here, October of 2022, that would be your, oh my goodness. Sorry about that. Stevie needs to do a better job of grabbing the A point. March of 2009. Perfect. Okay. We got that done. Here's your A to B equal CD. This is using the much larger pattern that has formed. And this would give you a price projection up into 385 level. Now on this one here, the monthly B point was, again, the week that began, June of 2020, the month of June of 2021 volume there, 103 million shares. When it was passed, it was with 50 million. When it was passed again, it was with 65 million shares out there. So I don't have the volume, but nonetheless, it still may go ahead and target a 385 level. So that's on the monthly timeframe. Let's see on the weekly timeframe. I do have an A to B equal CD that's already been drawn in. Looks like we're going to draw that in again. And this is the one, Hector, that's coming off of the, there's so many out here. So I understand why you could be confused about the A to B equal CD patterns out here, because there are just so many that you could draw in and you've got to draw them all in. But what's that do if you get a bearish reverse account? You know, which one is, has worked, which one hasn't. That's where you need to really take a look at some of those other tools out there, whereas price trading relationship to profile levels, whereas price trading in relationship to its asset and change line, because then you know, you've got some downside targets to watch price and see how that price action reacts at those support levels out there. So I hope that that answered your questions with regard to A to B equal CD patterns. There's not just one, there's many out there for Caterpillar. The next question that came in is from John in Milwaukee. He wants to take a look at Smucker's SJM and his question, two questions really, where's the buy and where's the sell? Great question. Let's see if we can figure that out. First with regard to the buy, we take a look at the daily timeframe. I don't see any kind of a bottoming pattern. We're trading below its bullish structured daily profile. This looks like week number three below that. I can tell that the next support level out here, John, on a daily timeframe is down at the 109.54 area. If we look at the weekly timeframe, this completed a TD9 count top. We now have price below. It's going to close the week out below its red oscillator and change line. Those are just simply bearish conditions. Period. End of story. Why? Because that tells us we have a falling price oscillator below zero. Where is it going to target? 111.50 is what it would like to get down to. So we've got 109.54 and 111.50 as our downside price targets. We're below profile levels of the monthly timeframe. So they too are suggesting that. You might say to yourself, well, Stevie, if that's the case, why is it rallying today? It's just rallying today because take a look at the intraday chart, take a look at a 30 minute timeframe chart. It formed a TD9 count bottom. It formed a Roadsmith communicator bottom and right now price is rallying right into breakdown resistance at 119.30. If you get a close-up of 119.30, well, then you should see a further move higher out there. Otherwise, the move for the day inside of smugglers is open. See Roadsmith and then we'll be right back. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at tfnn.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. 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And remember, at tfnn we're so confident in the value we provide that we are for a 30-day money back guarantee on all new premium newsletter subscriptions and services. You have absolutely nothing to risk. So why wait? Tune in live to Tiger TV and transform your trading journey. Because when you know better, you invest better. Join us and experience the difference today. tfnn educating investors. Welcome back, folks. We've got a mixed bag out there. You've got the Dow up 75. S&P's off seven. Nasdaq one is down 131. Russell's up eight. Summaries are down 115. Trendy's are up 16. They totally mixed bag out there. And we're going to go take a look at URA in a moment. And then we're going to finish by take a look at the SOX and then GWRE. So let's get over to URA this for Lee. Lee's asking the question is today a sell. Yes, it was certainly buy price closed above the top of that daily profile. You don't have two consecutive sessions above it, at least at this moment in time. And so yes, it was a false breakout signal. Now price may just be pulling back the test support out here. Support being at 2812. But price were to close below 2812. That would signal to you, Lee, that price is pulled back to 2763 to 2710. What you like is the action on the weekly timeframe because price is above the bullish structure weekly pro for the center of it at 2801. And the monthly chart has helped that oscillator change out of 2739 out there. So is it a sell? I don't know your strategy on this, but price has gotten back inside the profile. Whereas yesterday looked like we were in a breakout mode. We are no longer in that, unless we get a close buck 2869 today. The next request was again to take a look at the semiconductor area by a G-man. If you want to look at SOXL, SOXL and the semiconductor index have really the same patterns. That is there's native equal CD pattern. Right now we have a key reversal bar in SOXL that's generating a sell the D point pattern. However, that what entitles SOXL to simply get back and test 4887 or thereabouts. That's that daily oscillator and change line. If price were to close below that G-man, then we'd be looking for moving to 4405, 416, 4038. The weekly does have a TD9 count, bar number eight that's going to form it likely will form a TD9 count next week on Friday. It'll do that as long as price closes above 3833 out there. Lastly, to close out the show, let's take a look at GWRE. What do we know about it? What do we know about it? We know that the price is trading above the top of a new daily profile and the price can close above 1851. That would be a bowler signal. The weekly chart as a TD as an arrangement to indicator top. The only way that gets negated in is a close above last week's high at 121.74. Otherwise, you are going to get a TD9 count top on the weekly timeframe as well. Dan, I need more time to review this. I'll leave this on my screen and come Monday morning. That's what we'll do is we'll take a GWRE. Folks, have a fabulous weekend. Be safe out there. We'll see you on Monday.