 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 November 3rd. Yeah, it's the November 3rd the fantastic Friday edition of today's Trader's Edge show I'm your host Stevie 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's having a great day Hey, let's make sure we have an extraordinary one. Now the easiest way to do that It's 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 gonna toss at us Now today you and I we're gonna 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 had just passed 11 o'clock in the morning. I want you to know I'm absolutely grateful for your presence here But more important and that's this during this next 53 minutes I am here to serve you so feel free to pick up that phone dial on it at 877-927-648 If you got a question, but you can't dial in we'll go ahead and send me an email Send that off to Steve at tf9.com, but inside that subject heading Please put radio show question Of course if you're inside our Tigers then well than any in every ping we'll 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 the show right now. You get a sea of green out there the sea of green goes like this It does up 159 the S&P 32 Nasdaq 110 rustles up 42 That's a big move two and a half points there 200% there some eyes are up 63 trend is up 179 golds up 9 bucks So is up 50 cents natural gas up three pennies 30 treasuries up nearly two points The only thing to the downside the spot ball tunics that bodes well for the S&P 500 and Lights be crude off 90 pennies as we speak right now Late in the charge dollar wise the upside you've got Gartner ink up 52 bucks 15 percent Mercado Libre 42 bucks 3 percent monolithic power systems 20 bucks 4 percent insulate corporation 14 percent Quaker Hooten up 16 bucks as 11 percent move out there to the downside the shakers Fox factory holdings 36 percent down 30 bucks velocity of 27 bucks 15 percent bill holdings 29 percent 25 bucks booking up 22 That's a lesson 1 percent move out there and every spack is off 20 bucks That's a 74 percent move there ouch that is a stinger, but there's no stinger when we take a look at the equity futures out here Let's go shift screens Let's go take a look at the daily equity future contracts because now we've got to take a look at resistance levels out here That's what this chart set of charts is going to help us do so we can see that in the ESM anywhere above profile Resistance 43 17 odds favor that price is going to go target that 40 for 2325 bubble that is a TD 9 count breakdown area in the case the Russell 2000 also are the and Q I should say closing above the top of it bear a structured daily profile as long as price remains above that today 15 309 in a quarter is its next price target area now the interesting thing today This is the area to watch today, and that's going to be the Dow equity future contract You can see that price right now is trading above slightly trading above its TD 9 count breakdown resistance level at 33 990 We're going to go take a look at intraday charts for the Dow to see if there's some kind of topping Patterns out here that we want to be aware of as price hits that resistance area But if price close above 33 990 that's going to tell us that what price wants to do is go gravitate towards its next TD 9 count breakdown level and that's up at the 35 357 area So that becomes a new price target where the close today above 33 990 in the case the Russell 2000 also above profile level So each of these equity future contracts are broken through the sellers That was at the top of their profile and now they go on to the next area in that next area again Is that TD 9 count breakdown area and inside the Russell 2000? That's an 18 hundred ninety now What we can see out here is that two of the four have confirmed road's momentum indicator bottom signals out there YM is one that has that and if you take a look at and if somebody were to ask me somebody asked me this question Hey, Stevie, what do you think of all the indicators and tools that views? What do you think is the best one? And my answer would be it's the roads momentum indicator It's one that gives the most consistent signals out there both the tops and at bottoms here is just simply a bar chart I do have the bullish reversal camels that are turned on on my system out here And you can see here's the roads momentum indicator bottom that just formed out here Earlier this week on Monday if we take a look at the last bottom that we had last October What do we have? We had a roads momentum indicator bottom pattern there that identified the top if we just simply pull this back You're gonna see a few roads momentum indicator signals. They've all identified pretty decent rallies out there But keep taking this back. We go back here is to what March of 2020 out there we had signals going we've got these signals over here This is the July inside the May 2020 time frame. So these patterns is a really cool pattern out here It's one that you should really want to learn and the easy way to do that just subscribe to the newsletter You're gonna get access to a couple of workshops that review that specific pattern So we want to take a look at the Dow equity future contract So let's go take a look at that see if there's any kind of short-term signals that we're taking a look at here and here We've got when you look at the I start with the smallest time frame that we have the smallest time frame is a 10 minute chart 10 minute chart had wave number 7 and a roads momentum indicator top and all prices able to do so far as get back and test support Support has held if we take a look at a TD9 count on the 15 minute faces price also pulled back Tested support the bottom of its profile. So that held if we take a look at a 30 minute time frame chart It's a roads momentum indicator top. This is a key reversal bar that formed right here at 10 30 And what's price doing consolidating with inside that profile support has held We also on a 60 minute basis have a roads momentum indicator top again a key reversal bar confirming that that was when it came in As we came on the air at 11 o'clock support here is down at 33 893 We're nowhere near that area, but maybe price gravitates all the way down there If I look at the larger time frames out here The only other signal that we have at the moment is a TD9 count top for the five-hour time frame chart is price approaches 34 146 34 146 is the TD9 count breakdown level for that, but if price is able to close above We give you the number that number is 34 104 that TD9 count of the five-hour chart gets negated and that says that we had to hire price out there And with regard to the Dalwak would a future contract and close above that 33 990 level again brings us into getting back I thought I had another oh, you know what? I think I just have one line turned on here So I don't recall off the top of my head that other T I don't have recall the other TD9 count breakdown. Oh, I could give it to you. It's right here. It would be at 35 357 that would become the next price target for the YM the Dalwak would a future contract now Because it's separate resistance I don't know how the day is gonna play out But what I can do is I can give you a guide that you can follow to be able to interpret the market And we're going down to real short-term time frames I'll show you what I mean here and that is The cool thing about the TD9 count pattern is what it does is objectively gives you and I Support and resistance levels. That's a beautiful thing that way. We're consistent here and the red lines are the What I use as a support the green lines are your resistance areas you break through a red line You're likely to have lower you break through a green line You like that had higher out here, but it also has some other meanings what we can see here This is a 15-minute time frame chart that for the most part with the exception of about a half an hour Really was probably more like 20 minutes that price on any pullback is found support at these breakout levels That's on a 15-minute chart that says watch 33901 to the downside should the Dow decide to tank later on this afternoon Steve Rhodes with TFNN will be right 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 Keg stats Tiger 4x report Teddy Keg stat breaks down the 4x markets every Monday using his 30 plus years of experience as a trading veteran of futures 4x stocks and options Teddy releases his weekly Tiger 4x 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 4x markets tremendously When you sign up for the Tiger 4x report you also gain instant access to Teddy's 60-minute webinar archive He just hosted 4x strategies and fundamentals What is behind the Tiger 4x report for all the details and to start your 30-day Tiger 4x report subscription today? Visit the front page of TFNN comm TFNN educating investors 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 comm 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 and stock prices get the opening call newsletter by Basil Chapman and your Inbox every day first time subscribers also get a 30-day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up TFNN comm educating investors Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 finishing at number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge Every day in his mastering probability newsletter Steve's award-winning newsletter Mastering probability is delivered every trading day with updates throughout the afternoon sign up for Steve's market newsletter mastering probability and you'll receive access to seven of Steve's educational webinars Absolutely free at TFNN all our newsletters come with a 30-day money back guarantee So you have absolutely nothing to worry about visit TFNN.com and try mastering probability 30 days risk-free today TFNN educating investors toll-free at 1-877-927-6648 internationally at 727-873-7618 Good back folks. So let's do this here. We've got a number of requests that have come in Let's start getting to those. I don't want to get too far behind But I do want you to stick around because I'm going to show you How the market is very likely to form its next high now if the market closes like where we're at about right now That's really going to very likely gonna come to fruition And if you ask me what are the probabilities? We'll put it up there at a significant probability So it's gonna be worth sticking around but I want to just kind of see how the Marcus here trade for a bit. So let's get to these requests the first one coming in Yesterday towards the end of the show J bro wanted to take a look at the SMH's so with regard to the SMH's We've got a TD 9 count bottom pattern. We've got a wave number seven. That's a little G pattern Doesn't matter that we've got two. We only needed one prices trading above its bearer structured Daily profile it accomplished that task a couple of days ago That was back on the first and now what price is doing your next battle ground out there J bro is at 149 47 if the SMH's can clear that level then price is gonna go target its next resistance area And that would be the high from October the 12th and that high is up to 150 406 or price can get above that Then you're looking at a move back to 158 79 That's a daily chart signals the weekly chart says I've got resisted at 150 110 or thereabouts And if I can close above that we're headed higher and on a monthly chart What price did was it pulled back it tested it rejected support the bottom of his profile And this is just in the wants to make a run to 161 17 So first things first and that first battle is going to be inside that at that 149 47 level may make sure that the SMH starting to trade into that right now I know I've got a little bit of a delay. No, they're not so but watch 149 47 Thanks for waiting an extra day for that information And I do hope that helps you the next request coming in from Alton and he want to take a look at Pfizer With regard to Pfizer first on a monthly basis. This is going to complete a TD 9 count bottom pattern this month This is a just in Pfizer wants to rally up towards 37 69 You're going to get a TD 9 count bottom on the weekly chart and No, just a TD 9 count bottom pattern But what you need to see Pfizer do is you really want to see this close above its red oscillator and change line And that number right now is 31 20 So you'd love to see price close above 31 20 today Can it do that? Well, can you do anything that it wants if we take a look at the daily time frame chart here for Pfizer? What I don't have is a bottom pattern. Yeah, I've got a roads meant to indicator signal has been triggered Oh, I take it back. We've got a bottom pattern That's as of today as long as this gap to the upside holds again We're taking a good Pfizer so each of my Pat well not each of the patterns But the roads meant to indicator pattern Requires for a bottom a bullish reversal candle and for a top it requires a bearish reversal candle So this gap to the upside that is a bullish reversal candle and that would suggest that a price can close above the center of its profile The center of its profile reading is a 31 11 odds would favor that price wants to make move to 31 70 So that's what I see when I take a look at the Pfizer and by the way price get above 31 71 Then we'd see a move up towards 34 12 So the monthly looks good the weekly is looking pretty good except for that oscillator and change line and the daily also has a bottom Signals you want to watch those resistance levels. So Alton. I hope that that helps you out with regard to Pfizer Inside the tiger's dead. It was Kota who wanted to take a look at AMD So as we take a look at AMD, what do we know? We know that price is consolidated and it's trading inside its cell zone as we speak right now Now the top that cell zone is one eleven thirty one the high for the day so far one 1118 if price can close above one eleven thirty one Kota Then you've got a change in trend signal and the reason why we'd have that is because price is trading above 108 97 That was a TD 9 cal breakdown area And so if you could take out that next level resistance on the daily time frame You have a change in trend for the daily time frame with regard to the weekly the weekly shows that prices dealing with resistance as well That's a top of its profile So you've got a couple of battles one at one eleven thirty one and you've got another one at one eleven thirty one How's that work both the weekly and the daily are exactly the same? Well, what we can say is that that's a strong resistance level Kota and the price gets above that you're headed higher The next battle would be at 120 oh nine and then the battle after that would be one twenty five sixty seven So I'd have to say that AMD charts look pretty good But what you're doing here is who's going to win the bowls or the bears of buyers or the sellers because that's what AMD is Doing right now. It's testing out that strength or weakness We take a look at the next request coming in from Dan inside the Tiger's Den and Dan wanted to take a look at Juniper Networks JNPR is the ticker symbol So let's go see what they are doing out here and this formed a roadsman Dominicator bottom the cool thing is with regard to that pattern that was that was confirmed by this gap to the upside But do you find it odd that where price ran into resistance was right of that TD9 count breakdown level at 2784? I don't find it odd at all again. It's objective. It is objective There's not a technician that I know of that would have chosen 2784 as the level where price broke down from But the TD9 count pattern does it for us? So we don't have to worry about it. So you don't have to learn that you don't have to learn some idiosyncrity Syncrity You know a tool that Stevie has or something. No, this is this is as objective as you possibly can get back to Juniper now So, you know, that's a real key level of resistance stamp That's that TD9 count breakdown at 2784 the weekly chart shows a buy the D point pattern It's what it looks like to me out there. I've been measured that but that's I've got to be pretty close Well, let's just not make it pretty close. We're not trading horseshoes here. There's your A to B Let's just move that over to the C point. That's more than a one to one A to B So this week you're getting a confirmed buy the D point pattern now What you really want to see price do here is get back inside its profile to accomplish that task You just need to close today above 2714 your 2713. So you'd love to see that if you get back inside the profile Then you know, you've got a battle of 2784 if you can overcome that battle the next battle would be a 2804 and if you can overcome that battle then the next one be a 2940 But at least you know where the sellers are lined up here And now it's time to see if that weekly chart can find the string to get back inside its profile So Dan, I hope that helps you out with regard to Juniper Let's go to our next request now for this one I've got to type it in because I only have four of those screens open at one time That's okay, it'll just take a few moments here to pop play but this is for Kota and Kota wants to take like a ticker symbol G-o-l-d. So that's what's going to be pulling up on our screens here momentarily. We're what did I do here? Sorry, I know you don't know what I did but I'm asking myself what I did because what I saw on the screen So as we take a look at a bearic gold out here What I don't have on bearic gold on a daily time frame is any kind of a bottom pattern out here Do we need it yet? No, we don't need it because we're gonna interpret the charts here I'm interpreting the charts right now if price can close back above and traded below the bottom of its Daily profile for more than two consecutive sessions. It actually did it for three consecutive sessions Yes, it was session number three now It's a bullish structured profile and that says that if it was only a counter trend move That's what you want to watch for today Kota if it's only a counter trend move price is gonna find resistant at days Then it's 1629 a price close above 1629 and gosh, I hope it's not 1630 You know what I mean, but if it closed above 1629, let's call it 1630 flower 35 that would be good Then that's telling you that what price wants to do is make its way to 1693 and 1693 is the top of that profile Why because when price is able to close above the center of a bullish structured profile You have all the support of those buyers behind you It's like first in goal at the half-yard line and what do you do? You got every Friday from behind to push the quarterback through on that quarterback sneak It's not so sneaky. This isn't sneaky as well. You close above the center of that profile Your odds are increased that you're gonna make a run for those sellers are out. They're up with that 1693 level So Kota, thanks for the request. Hope that helps y'all with regard to Barrett goal Steve Rhodes with TFN We get back. We'll look at BBAI TGB HUM Tesla never GDX Tigers every Tuesday and Thursday Tim or joins the Tom O'Brien show to share his unique insight that he's developed over decades of trading Now on Tuesday, November 7th from 4 p.m. To 5 30 p.m. Eastern time Tim or will be hosting his own live webinar Tim's analysis has been outperforming market returns by almost double and his gold analysis is on track to be a winner as Well, Tim will be delving into six secret ratios that every trader should know in this webinar Tim will be covering the daily TLT VIX the daily and weekly spy VIX the American Association of Individual Investors bull bear ratios and the trend panic levels Tim will break down each ratio how it is calculated its importance and how it can help you make bigger returns It's as simple as this learn the ratios trade by them and see your returns That's it visit the front page of TFNN calm today to sign up now TFNN educating investors The gold report as a precious metal gold is still king It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market The US futures market and the Shanghai gold exchange the gold report Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU HUI GDX the dollar bonds the South African Rand as well as 25 different mining equities with specific buy-sell recommendations The gold report New subscribers get a 30-day money back guarantee. So you have nothing to risk Subscribe to Tom O'Brien's gold report newsletter now TFNN calm Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at TFNN You'll get advice and guidance from the authority and technical market analysis, and it's not just dry tedious text either TFNN airs live financial content streamed live on TFNN calm and TFNN's YouTube channel with Tiger TV Live every market day from 8 30 a.m. To 4 p.m. Eastern for free 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 calm or on TFNN's YouTube channel and become the investor You were born to be TFNN educating investors Don't forget you can listen to TFNN live on your mobile device 24 hours per day Go to TFNN calm then hit watch Tiger TV That's TFNN calm then hit watch Tiger TV So the stock chart we've got up on our screen here big bar big bear AI holdings out here And you'd love to see a close above 139 today or 141 as we speak and so you've got a TD9 count Roach meant to be indicator bottom pattern So that's a beautiful thing We've got that slingshot in operation and price taken on a second level of resistance That's at the 139 level so close above that is going to suggest a change in trend now that change in trend says I've got another battle in store that next battle It's in store for us would appear to be at about the buck 65 level and at a buck 65 We've got the bottom of its weekly profile out there What else do I have I don't have anything on the monthly time frame You know what I do have I've got a trend line that I can show you Dan We're going to switch charts you can draw this trend line in maybe you already have but those folks are Listening or watching and doing the home game version of this here are the trend lines with regard to be big Bear AI holdings out there. So today's move we can see Running into a trend line resistance level. So you'd love to see it close above that as well I know I had given you that buck 39. We can see at a buck 41 You're right in that trend level. So you'd like to see it close above the buck 41 to suggest that you know You've got some other trend levels out there that you're going to run into assuming that price can continue to move higher You know that would become those battleground areas out there So I think the trend lines are going to be helpful to you. What did I okay? Good are going to be helpful to you in managing this one at least for its next steps to the upside out there so what looks good on the daily and Best of luck to you Dan Let's go to the next request out here and that is from a rye inside the Tiger's Den and rye wanted to take a look at To say go mine DTGB is the ticker symbol had a stellar day yesterday by closing above a buck 22 a buck 22 Was his TD 9 count breakdown level this has the what kind of a bottom? I don't know looks like a buy the D point bottom formed out here on the trading day of October the 27th and now the question might be where's it headed to next next upside target on a daily time frame Would be to buck 41 if we take a look at the weekly time frame chart out here. Now. That's a big old candle What's this telling us? We'd love to see it close above 130 today Why because you'd be back inside the profile if you get back inside the profile odds would favor Maybe you're gonna make a move to the cell zone So 141 as I said becomes a daily upside target turns out that it between 142 and 149 is your bearish structured weekly profile So that's the cell zone that is out there monthly chart just have it has a consolidation with inside its profile level So looks pretty good and looks like it wants to continue to move higher a buck 41 I'm not saying that's what it's gonna do on Monday or would have you but right now It looks like that's what it wants to do again That is to say go mines tgb is the ticker symbol so rye Thank you for the request and best of luck to you on that trade The next request coming in from zip inside the tiger's end wants to take a look at ticker symbol h.u.m It sounds like a Hummer to me But what h.u.m. Is doing which is humana ink it is trading below Breakout support it closed below that yesterday 484 25 if I asked you where's the next price target Where's the next price target zip? Exactly it's the next TD 9 count breakout level that would be at the 460 38 area Okay, easy enough for us to do that. Let's actually populate the weekly chart So we can see what kind of signals we have out here and what do we have? We don't have much what we have is price trading above profile But below it's also done changed on a weekly basis so it's lost momentum But it does have support so I gave you 460 38. Let's change that to 460 a 460 38 to 460 503 that is the next support zone that is likely where humana is headed to Even the monthly chart has rejected its green oscillator and change line chain and trading into the buy zone of that monthly chart It's a fairly wide range zone about $50 442 to 491 out there But the daily chart is suggesting to you and I that this wants lower price Now think it'll get down towards that 465 460 level so hope that helps you out zip with regard to humana The next question coming in from not a trader is to take a look at Tesla But I think not a trader is a trader and I mean t r a d e r not the other kind of trade So we take a look at Tesla out here. What do we know? Well, what we do know is got a wave seven bottom. That's letter g That's courtesy of the Chapman wave just a small portion of it a very small portion of it And but you do have that bottom Signal and now what we can see with regard to Tesla is prices trading above the top of its daily profile So you got a wave seven bottom you got price taking out resistance assuming that it closes above 219 25 today So then where would price be headed to next? That's a pretty easy call That next level or that next battle is up at the 232 35 level. What's up there steve? That is the bottom of that weekly profile and a price get above that then at about 246 89 Which happens to be the monthly oscillator and change line that would become the next battle and above that it would be 265 41 that is the daily td9 count breakdown area out there now There's an a to b equal c d to the downside on a weekly time frame that price projection actually Let me give you the accurate price projection. I'll do that calculation off-screen My other set of charts out there because what I'm curious about is how close was it and I think it was close enough What is it? Oh shoot? I'm on I'm on the black background screen She's Louise steve steve steve steve steve I'll go back and redo those Those other white background charts because I don't think I was there But anyway, here's what here's what we can see you've got a to b equal c d downside inside of tesla And the price projection was 190 205 price got to 197. That's close enough for me. Why this is a key reversal bar Tesla on a weekly base just confirmed or is confirming today a gertley buy pattern So you're above weekly daily profile resistance. You're going to get a weekly buy pattern out here So it does look like tesla wants to make that move towards that 232 35 level and again I'll just simply uh, well, I'm going to try to do this What the heck Change screens Okay, here we go So now we're back to the white background charts. You can see the tesla charts out there You can see the td9 cal breakdown level on the daily time frame chart Let me go back real quick while we've got about a minute to go because I don't think these charts were up Here are the charts for humana. Here's a td9 cal breakdown levels Here's that next level at 460 38 and 460 503 the top of that weekly profile Real quickly. Let's go down to the chart that we had done just prior to that. That was to saco mines tgb D in this being the ticker symbol. There's your 141 level. That's the td9 cal breakdown area for the daily time frame Above that you get into the cell zone 142 to 149. That's coming from that weekly profile Finally, we go back one more chart one more set of charts. That is bba i dan Here's your td9 cal that 139 level and then you can see you've got a you've got your resistance at 165 The bottom of that weekly profile out there So sorry about that for not being in the right place at the right time But stevie rectified that and so now let's go on to our next request This is from hector and patty and they want to take a look at the gdx out there So let's go take a look at gdx. This will populate here momentarily The gdx happened a nice day or I assume that it's having a nice day. It was the last time I looked at it Let me see. What is it doing? Yeah, it's having a wonderful day But that wonderful day says, okay, all I've done is made my way up to where those sellers are at Oh shoot now what happened yesterday is that the gdx confirmed a gertley by pattern How did it do that? Well, what it did was it confirmed a to b equal cd pattern here is our a to b Actually it was a smaller a to b equal cd pattern that we had out there Yeah, that's a smaller one than that It was the one where this is the swing point right here from october 23rd But let's let's not fret over that right now But we want to know about the gdx as prices got resistance at 29 32 and 29 53 We'll be right back to finish looking at the gdx 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 keg stats tiger 4x report Teddy keg stat breaks down the 4x markets every monday using his 30 plus years of experience as a trading veteran of futures 4x stocks and options Teddy releases his weekly tiger 4x 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 4x markets tremendously when you sign up for the tiger 4x report You also gain instant access to teddy's 60 minute webinar archive He just hosted 4x strategies and fundamentals What is behind the tiger 4x report for all the details and to start your 30 day tiger 4x report subscription today Visit the front page of tfnn.com tfnn 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 to stay on top of stock patterns You can take advantage of sign up for the fibonacci 24 7 newsletter at tfnn.com When you subscribe you'll get a weekly report from veteran day trader larry pesavento on stocks You need to pay attention to and you can trust larry's analysis After all he's got 45 years experience as a day trader larry will also provide daily charts videos and data on the key markets That he's tracking expect notifications from larry on market movement You need to act on at any time first time subscribers also get a 30 day money back guarantee If you're not satisfied let us know and you'll get a full refund within 30 days of signing up Subscribe to the fibonacci 24 7 newsletter today tfnn.com educating investors Are china a shares hot or not if you trade china a shares now may be time to take a closer look trade chau or chad Directions daily csi 300 china a share bull and bear etf's 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 Please contact direction shares at eight six six four seven six seven five two three 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 site fund services llc This program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz Welcome back folks so back to the stock charts here for the gdx again for hector and patty We're taking a look at the gdx which formed a new profile today So that's some new information. So you got a td9 account bottom Regardless, whether it's a buy the d-point or not On the weekly chart now you've got a confirmed gartly buy pattern. No, so that's a beautiful thing there And so but on the daily chart, that's really what you're interested in and right now It's that resistance level price needs to close about 29 32 To tell you that you want to go try to take out that td9 account top And in order for an a to b equal cd pattern here to form Price is going to have to close above the swing point from october 20th hector and patty and that high is 29 60 I'm sorry, it's 30 16 the volume there was 29 million shares now today You've already done 13 million shares. You've got nice volume But we're not up towards that swing point just yet if it did get inside there That would be a nice outcome inside there would be a 29 47 A close above that on a weekly chart things look pretty good Looks like it wants to make a move eventually up to 32 36 out here at 29 56 So you've got monthly profile resistance. So you got resistance at 29 56 and 29 32 and then finally 29 53 Those are your battlegrounds and the price can overcome that then the gdx is going to head higher So hope that helps out hector and patty. Thanks much for writing in our next request coming in from kota inside the tiger's den kota wants to take a look at mode durna mrna In his question was are there any td9 count or td13 counts on the charts? I checked for the td13's on a different tool that i've got out there and there were none present as we speak Is there a td9 count? Yes, it's a negated one that tells you about a strong downward momentum move However, price this morning is back inside its daily profile again. We're taking a look at mrna So it is a bullish structured profile and if in fact price can close above 75 51 75 91 Which it should be able to do then price ought to make a run to the top of that profile and kota That's printing out right now at 81 36 if we look at the weekly time frame You are in wave number seven But as you know that can't be confirmed until next week that requires a higher low in order to confirm that pattern But you've got to confirm it But you do have a bottom potential pattern. It's just a matter of time On the weekly you've got one on the monthly which is going to complete a td9 count pattern this month No bottom signal bottom pattern on the daily time frame But the price is back inside its profile so respect what that means And the cool thing though also about this td9 count on the monthly Is that If it fails and you'll know that it will fail right now It's too early in the month to say that this is going to be the low for moderna at the present time though That low is at 62 55. Let's assume that next that monday was the beginning of a new month And the price closes below that low out there that tells us that moderna which was once at 500 bucks We get down to 13 dollars and 53 cents And don't think that's out of the question But as we speak right now price wants to go target 81 36 out there And if it can close above 81 36 and 87 oh nine becomes the number that price would likely go target So again, no td9 counts in play right now Other than on the monthly time frame and no td13 sequential counts or combo counts And you're welcome Excuse me. I had a little a little fly that flew into my throat. It wasn't really a fly, but it was a dust particle And uh, that's no fun. All right, so uh, oh went to see uh, brian culbertson last night He I saw him, um, I think last year at a really small theater This was a bit larger theater, but he was great But and he he travels with amazing musicians And a guy named walter beasley came out in stage. He played the entire show I would go see walter beasley on his own. It's just how good the uh, the uh, the uh The members of the of his band is out there So a great concert if it comes to your area, I recommend going to it You will I guarantee you'll have a good time. You get up you dance a little bit You'll forget about all of the world's troubles out there now tomorrow night We go see acoustic alchemy. They are another great band. I mean, they are a wonderful band So we see them tomorrow night and then on sunday We're gonna go see a band that I have been wanting to see they don't travel very often I've never seen them and travel into my area jazz band called special effects efx out there Kaley, manucci, they they are they're great. They are a great jazz band and then on wednesday the uh, next week I go see, um, keiko matsui great pianist out there So it's nice that we've got a bunch of music. I think we've been out without any decent music here For quite some time in the south florid area. You didn't want to know that. Yeah, but uh, you wanted to know about uber Right, that's what you're asking about. What's going on with uber? That's what nickles wanted to know and he said Hey, he was pleasantly surprised because he woke up and I was on the area. I thought he missed the show And yes, I was going to do the 9 a.m. Or the 8 to 9 show This morning, uh, but I had a uh, doctor appointment that canceled on me It was an appointment that took me months to get right and then I finally get it nothing wrong or anything like that And then it was the only time that they could get and then boom at the last minute is canceled And that even no big deal, but we want to go take a look at uber out here And uber is trading into a potential resistance area. It didn't hold before so i'm not going to worry too much about it That's at 47 85 the resistance level that we do want to worry about comes from the weekly time frame chart So nickles, I know you're looking at short term But right now it's the weekly chart that uber that's telling us where the existing resistances you were looking for some Intra day resistance. It is at 48 18 No matter how you slice it and at 48 18 and on the weekly base. We've been up to 4808 That was earlier this morning. So that's your real resistance level that uber needs to take out now Prices trading into a swing point that swing point dated back to the week of august the fourth And that swing point had volume here of 80 to 208 million shares and so far right now this week you're up with You are up with only 93 million shares So you're moving into a swing point with light volume moving into the top of the profile. That's a resistance level out there Let me give you a 30 minute chart. So maybe you wanted an uber Intra day chart out here if we take a look at the as a plan words, obviously that's a that's courtesy of david white But here I don't see any kind of a top So the 30 minute chart says I want to continue to move higher Now, maybe there's another time frame chart that's got a top. So we also use a 65 minute chart. We take a look at a stock that's where it trades twades or trades depending on how you want to call it between 9 30 and 4 p.m. Because you've got what How many 65 minute charts five 65 minute Five 65 minute bars. I like to have equal bars out there If I take a look at that 65 minute, there's no topping signal here as well So it's really going to be all about that. So it looks like it should be able to overcome that level But that's where the sellers exist. That's your level that you're dealing with that's at 48 18 So nicolas glad that we were able to help you out and Have a wonderful day Somebody wanted me to take a look at something or I typed in s e but I don't have a clue what s e means so Maybe it wasn't that maybe I just was typing something in so let's do this here. I had mentioned to you Um Oh, okay, uh, you want man, uh ibrx. So we're going to uh, we're going to break here I'll just put up ibrx see if these charts here populate. I I haven't totally read the question When we come back to this break, we're gonna go look at how the markets are likely gonna form their next top The pattern associated with the next top out there. What are the odds? Well, this is a pattern that has worked since the uh 2020 timeframe. That's as far back as I went So stay tuned to the close of the show Tires every tuesday and thursday tim orde joins the tom o brian show to share his unique Insight that he's developed over decades of trading now on tuesday november 7th from 4 p.m To 5 30 p.m eastern time tim orde will be hosting his own live webinar Tim's analysis has been outperforming market returns by almost double and his gold analysis is on track to be a winner as well Tim will be delving into six secret ratios that every trader should know In this webinar, tim will be covering the daily tlt vix the daily and weekly spy vix the american association of individual investors bull bear ratios and the trend panic levels Tim will break down each ratio how it is calculated its importance and how it can help you make bigger returns It's as simple as this learn the ratios trade by them and see your returns That's it visit the front page of tfnn.com today to sign up now tfnn educating investors 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 and stock prices Get the opening call newsletter by basil Chapman and your inbox every day First time subscribers also get a 30 day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up tfnn.com 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 To stay on top of stock patterns, you can take advantage of sign up for the Fibonacci 24 7 newsletter at tfnn.com When you subscribe You'll get a weekly report from veteran day trader Larry Pezzavento on stocks You need to pay attention to and you can trust Larry's analysis After all, he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking Expect notifications from Larry on market movement You need to act on at any time first time subscribers also get a 30 day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up Subscribe to the Fibonacci 24 7 newsletter today tfnn.com educating investors Resolve folks. It was snp wanted to take a look at c limited s e is a ticker symbol Here's what we know. You've got a td9 cal bottom that formed two days ago Price is now inside its profile. You've got a resistance zone between 45 32 and 4609 We're going to increase that to 46 61, which is the td9 cal breakdown level So it's going to go do battles in that area out there I hope that that helps you out. I do want to go ahead and get to how the market's going to likely make its next top I will stay on this chart system here just for a moment We're taking a look at the new york stock exchange new york stock exchange made its way up to its td9 cal breakdown level 15 541. So that's the first thing that we're going to take a look at the second thing We're going to do is go take a look at that advanced decline oscillator for the new york stock exchange We're going to go ahead and change panels out here. We're going to go to the black background screens Here what you can see Is advanced client oscillator reading right now is up at 281 So assuming that we close the day and we're up in this area here Every time for the last couple of years four years that is out here every time we get up to this level The way that the market makes a top is it makes a top with a declining tops in the advanced client oscillator With price moving higher. That's a divergence pattern. You can see this one here in july of 2023 in june of 2023 in uh, april of 2023 in uh, february of 2023 Again up at tops in august of 2022 so you can see the pattern that i've got on my screen here Odds favor that what we're going to see here now when you close above plus 150 you're overbought But what it also tells us is that we should expect and anticipate higher highs out there It's not that it can't turn down right now. It can stop at this pattern You know is is 100 percent. But boy for the last four years This is how the markets have formed a top and that signal coming for the new york stock exchange Now if that's going to happen that means that we're going to have to see the new york stock exchange close above that 15 541 38 level So if that unfolds and we know and this can take a week or two Uh to unfold out here, but that's how the next top is likely to happen So glad to leave you with that for your fun friday. Have a fantastic weekend folks Be safe out there and i'll look forward to seeing you on magnificent marvelous monday Have a great weekend