 The following is a presentation of TFNN The Trader's Edge with Steve Rhodes Call now toll free at 1-877-927-6648 or Internationally at 727-873-7618 The Trader's Edge Now Steve Rhodes Good morning folks welcome to the April 5th 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 is having a great day and let's make sure we have an extraordinary one Now the easiest way to do that It's to always remember that life is happening for us not to us That's right. When you and I make that one little two-by-four shift Well, it means we can find the gift in every set of circumstances 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 at just past 11 o'clock in the morning. I want you to know I am absolutely grateful for your presence here, but even more important than that and that's this during this next 53 minutes I'm here to serve you so feel free to pick up that phone I'd love to hear from you at 877-927-6648 and if you've got a question, but you can't call in We've got you covered now this you need to send it off early and send an email to Steve at tfnn.com Inside the subject heading please put radio show question Of course if you're inside the Tigers then well than any and every ping will do so let's go ahead and get this show started on Fantastic Friday, of course. This is Tiger Financial News Network. I'm Steve Rhodes. Welcome to the show right now We got a sea of green out there all the US indices that we track that we track are trading the upside Dow is up 224 S&P 45 Nasdaq 100 205 Russell's up seven kind of a week bounce there 52 for the semis 59 for the trainees You've got gold up 32 bucks big move there one and four tenths percent You've got silver up 16 pennies at six tenths percent lights recruit up seven tenths or 64 cents natural gas is up two cents One percent move to the upside the 30 Treasury is now basically one point printed out at 117 14 hour leader in the clubhouse out There is as a mill holdings up 30 bucks 3% service now 23 bucks 3% Micro-Strategy 17 bucks 1% Broadcom 23 bucks 2% HubSpot is 21 bucks 3% to the upside to the downside and phase energy of 7 bucks a 6% move there Northrop Grumman down about 6 bucks 1% Tesla 5 2.6 cents percent there John Bean technology is down 5 bucks and charter communications off for dollars. So we got plenty to look at of course I want to look at what you want to look at Let's go take a good this crazy week in the markets. Let's start by taking a look at Let's switch over to our white background screens Let's just go through this one step at a time and take a look and see if we can try to figure out where the market is Headed to and so we start with the daily. We'll start with the NQ Which got hammered yesterday big swoon to the downside what we do know is that Osler and change line? That is a major significance level out there Well, we also know is that 18 026 is a very key level of support. It's been tested several times That is a center of its bearish structured profile out there And that is a key level if we ever get down below that 17761 would certainly be in the cards now with price above the top of the profile No idea where we'll close today, but a close of of 18 to 24 would suggest a run again For that Osler and change on it the 18485 level. That's one possibility You'll see that yes, it was bar number seven now. I thought we got below see the low 18 051 50 Yeah, we did so out of I my tools not I guess it's not bombards Okay, not even so today is going to become bar number eight of a TD9 count That is unless price closes above that be one heck of a rally and I don't think that's going to happen unless price closes above 18497 so I'll become bar number eight In order for bar number nine to complete of a TD9 count bottom pattern price must close below the close of bar number five Which is basically where we're trading right now that close is at 183 30 or 18294 out there So those are the factors to kind of take a look at we may not get that TD9 count bottom. Do we need that? Look what we need to know is an 18 026 is a real key level of support out there Now let's look at the five-hour time frame chart that waterfall cascade yesterday Took us right down to where price had broken out on a five-hour time frame 18 053 25 I mean right down to it and then what took place in the overnight session at about nine o'clock last night We got to wave number seven that is letter G out there So that's a bottom and price right now is trading above It's also in change line, but if you look real close, then we just expanded out so we could all look a little bit closer There's a new profile that is forming and this is above price That's overhead resistance out there and it's a bearish message for this time frame But with price as long as price remains above 18264 It's message to you and I is that price should rally up to 18 413 to 18 464 184 13 being the most likely air so that says we can get all the way back nearly all the way back to where price Just simply fell off the clip yesterday. We take a look at the 240 minute time frame chart What do we get here? We got a wave number seven bottom as well Price is above its oscillator and change line new profile forming above price just like the five-hour again So this suggests now and that's an 18 413 so 18 413 seems like a logical target As long as price remains above that oscillator and change line for those time frames bar number seven on a two-hour time frame chart This bar completes that noon. I believe yeah So you get bar number seven at noon bar number eight at two It says you could get the so maybe we're just simply gonna rally into the close But that could set up a TD 9 count pattern for the two-hour time frame chart I don't see such a pattern in the 60 minute the 60 minute is telling you and I that the market wants to rally further out There such as just keep your eye on those red oscillator and change lines for the 240 and the five-hour time frame chart It's suggesting that price would rally up to 18 413 son of a gun We got 18 413 on a two-hour chart four-hour chart a five-hour chart a 60 minute chart if I ask the question Where do you think the rally would run in a real strong resistance out there? He's yeah exactly 18 413 out there now on a 10-minute time frame if you want to do the play-by-play We're completing a TD 9 count top that pattern completes in another Seven minutes out there that would suggest price pulls back to the 18 237 area if price gets below 18 237 Then that says that you can get back to test 18 162 to 18 177 That's what the end queue is doing out there So keep an eye I would say on that 10-minute chart to Maybe probably a 10 and a 5-minute chart just just simply to get an idea That's what the market is doing. Let's go take a look at the ES mini out here Let's get its charts. It's gonna take just a moment for these to populate Now if you didn't catch the if you didn't catch the 9 a 9 a.m. The 11 o'clock update Yes, there was a question from John inside the tiger's den about potential new profiles that we're forming in gold and silver And the answer is there is new profiles that are attempting to form there Just give those to you while this chart here finishes populating so those profile levels in the case of gold And it won't be come won't be confirmed for me until Sunday evening It's the new profile. It's attempting to form, but it's still in place out there So it's worth paying attention 22 71 is support 22 98 is the center in 23 25 is the top And we're well above that 23 25 level out there. We'll take a good gold I believe we still got TD 9 count pattern to contend with out here So now let's get back into and silver by the way its profiles are below price though Which is a bullish message its profiles are 24 76 at support 2564 is resistance course we're trained well above that that was the top of the profile So now we come back to this break. We'll finish take a look at the ES mini course We haven't begun doing that and then we'll go on to a couple of requests that have come in Steve Rhodes What TFNN would love to hear from you as well right back If you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter You should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and Technicles sign up for rocket equities and options report today with a 30-day money back guarantee So you have nothing to risk for all the details and to start your subscription today Visit the front page of TFNN comm TFNN educating investors Many trading newsletters attempt to focus on a narrow set of equities or commodities While this works for some it oftentimes misses many opportunities that possess huge game potential But how is an independent trader supposed to scan the entire market looking for these hidden opportunities? One simple answer the opening call newsletter Basil Chapman developer of the Chapman wave trading methodology has been trading markets for longer than most trading influencers have been alive And over that time he has honed his methodology in order to accurately call movements in a wide range of equities from Semiconductors to uranium to key indices and so much more Basil is old-school taking the time to educate the trader while also giving his insights into key indices Selective stocks and more Opening call subscribers also receive access to dozens of educational live streams that can be accessed at any time for your edification All first-time subscribers receive a 30-day money back guarantee So ignore the pop trading influencers and start learning time-tested technical analysis 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 TFNN has launched the Tiger's Den hosted at Discord TFNN has been educating traders for more than 20 years With live programming hosted by a variety of professional traders during market hours the Tiger's Den Available to all Tigers and Tigris's for just one dollar for the year There's no catch or added costs when you join our community of traders sign up today and become a part of this Educational community of traders just visit the front page of TFNN.com Toll-free at 1-877-927-6648 internationally at 727-873-7618 Welcome back folks. So when we were taking a look at the ES mini charts if we take if we saw in a daily time frame yesterday's move You can see that asset and change line how significant that is for my resistance standpoint right now We just have an inside bar. We're trading with inside his profiles price did pull back yesterday to its buy zone That's between fifty one sixty seven and fifty one eighty nine out there Well, we don't have on the charts out here are the same type of bottoming signals that we took a look at inside the NQ And so and we can't we have so we can't see even that prices pulled back if we look at the ten minute chart out there You know, I can I can see a sell the d-point pattern because of the dark cloud cover candle that finished at 11 1110 out there But now this candle here You know right it's going to complete in another minute or less has pulled back and it's tested rejected a key level support That's at fifty two thirty one level both the oscillator and change line and the top of the profile So from an intraday standpoint, I would I think that the market has taken its cues from the NQ out there Simply because I don't have the real same type of patterns out here for the ES mini But that ten minute chart is something that would be paying attention to knowing that we had to sell the d-point pattern and price Pulled back in a successfully tested support as can be suggesting that it wants to continue to move higher out there so let's go take a look at some requests that have come in and The first one is from Dan inside the Tigers Den He's got a two-fer the first one is going to be ticker symbol a B us a B us is trading out at about three dollars and fifteen cents one heck of a move a couple of days ago So from a pattern standpoint, let me open up this daily time frame Let's pull this back a bit make a little bit easier to view so we can easily see the a to b c to d pattern out there Let's just kind of give it feel so where I believe we're in the extended zone, but let's just take a look at this We have a it's like about right there is the a point. Here's the b-point And we'll just simply copy and paste this. I'm gonna try to come on grab it. There we go Let's copy. Let's paste. Let's pull this over Sorry Dan don't know what's causing this a little delay here So there's your one-to-one. So this is achieved and attain the one-to-one price projection level out there So what I'd be looking for here, Dan is if you were to see a bearish reversal candle That would identify a sell to the point pattern that would suggest price pulls back to support Unless there's a new profile bit form support would be at about two dollars and seventy two cents out there You are in bar number Seven of a TD nine count. Let me take a look at these wave counts out here We got a And you're potentially wave number seven as well So you could be getting this could be getting ready to identify a short-term top I say could be let's take a look at the weekly chart the weekly chart And there's there's really a couple different a to b equal CD patterns That's why you know a little bit hesitant because here I'm showing the same one on the weekly that we had on the that we had on the daily Let's try the new one that's out there There's another one and you always have to be as as the market gives you new information You have to be prepared part of the a to b equal CD pattern You must be prepared to redraw or add an additional a to b equal CD So there's the larger one if we take a look at its swing point the swing point was from February 23rd 3.8 million shares this week wide-ranging bar were 24 million shares So the larger pattern out there is going to look like this give me a moment We'll paste this up here, and we'll try to get a approximation. We'll even take back. I'll pull this over Here we go. So the approximation on this one is gets you up towards the 355 360 is level and when we take a look at the monthly time frame chart We're trade above last month's high the month before is high out there. This is we're trying to be above prior Swing highs out here a key level really to watch Dan would be this a two three dollar and fifteen cent mark We're three sixteen right now you maintain a price above that level and this is a suggesting four all one out there So a bus looks really good. I still there's still you know to a to b equal CD patterns If you get a bearish reversal candle wouldn't be surprised to see some kind of retracement back towards this support So best of luck to you there hope that information assisted you you also want to take a look at One of our friends out here Sabah SAVA it turns out Sabah had made to be equal CD to the downside never got to the completion out there And the reason it did was because it formed a TD sequential count That's at number 13 right here at the that took place on March 11 now in order for that pattern to confirm Which it did that very next session you've got to see a close above the close four bars earlier So you have on the daily time frame a TD sequential bottom price right now is trading above the top Of its daily profile 2073 you'd love to see it remain above that and trade above that again on Monday so the question is is this getting ready to form an a to b equal CD to the upside well the swing point that would be the B-point of this trade would be from March 14th and that had volume of a million shares You're moving up today. You're at 142,000. You're trading inside that swing point You're doing light volume out there But it does look like to me that this wants to continue to move higher and at least go tackle that swing high up at the 2242 level if you get above that you'll trigger an a to b equal CD pattern to the upside Before all that's going to come to fruition. We can see that price has got to overtake 2147 2147 at the present time is the reading of its oscillator and chains on for that weekly time frame We can see that for the last two four six seven weeks out there Price has struggled to get it's gotten above but by the time the week has ended it has traded below that so I'd watch 2147 as a key area and if we get above that we're likely going to go to 24 87 then 2436 to 25 65 out there you get above 25 65 you're off to the races to 2702 and then finally 38 53 But we like that daily TD 9 sequential bottom signal out there And you've got a TD 9 count on the monthly time frame You had a roadspin to indicator bottom on the weekly and price is just simply quite frankly looks like an a to b equal CD It looks like a Gartley by pattern. Let's go check that out. So this is got it's got almost everything that you could want out here First let's see if it actually formed Did we get to that price projection area? Let's move this over sure looks like we did Holy snakes. Well, you didn't get all the way down there. And now the question is that would have been at 1706 has got down to 1818 is that close enough? I don't know watch 2146 so that's going to be the key to what a sabba wants to do From this point forward. So thank you for those requests Tony F inside the Tigers And he's got a couple of requests as well The first one is ticker symbol Mx WL Maxwell smart out there Actually, I don't it's just Mx L And Let's see where this is headed to that's a max linear ink So right now what price is doing it is yesterday it dealt with that TD 9 count breakdown resistance level Tony That was at 2303 Looked beautiful But at the days then that proved to be resistance. Will that be resistance today? I do not know But you want to watch that if price close above 2303 And you get another close above that on Monday The price should go target the high from yesterday that bear a shooting star No, it's called the bear a shooting star But Tony if we were to try to fill in the gap and I'm talking about from the close of the prior bar in this case here to where the to the low not the low but the Close of the of yesterday's bar out there if we fill that in there's no way that's a bear a shooting star candle So you had a gap to the upside and a bear a shooting star out there So that's why you filled in to see which candle is correct out here. And so that was really a bullish candle So you're watching 2303 like a hawk 2350 on the weekly timeframe. We come back to this break We'll finish take a look at max linear ink and then we'll move on to SN Newmont mining and Tesla see roads with TFN and we'll be right back Hi folks, this is Tom O'Brien. It's the 22nd anniversary of the gold report. Can you believe it? We've taken 22 trips around the Sun together and we have many more to come this year alone The gold report has returned over 50% and I want you to come along for the ride I provide in-depth analysis of the gold market as a whole in addition to providing outlooks on individual mining equities For a limited time, you can save 35% off the monthly price for as long as you subscribe 35% savings will be applied to the current monthly price and it will stay with your subscription forever With gold pushing all-time high as gold equities trading higher and inflation still raging This is a great time to try my newsletter the gold report First time subscribers get a 30-day money back guarantee. So you have nothing to risk Just enter promo code 22 years at checkout and you'll see that 35% savings applied to your subscription price And this deal will stay with your subscription for as long as you subscribe Don't forget just enter promo code 22 years at checkout 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 TFN 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.com 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.com or on TFNN's YouTube channel and become the investor You were born to be TFNN educating investors Are you ready to take charge of your financial future? TFNN is your gateway to the world of trading and investing whether you're starting out or scaling up TFNN empowers traders and investors of all skill levels with top-notch investing systems strategies and techniques It's time to protect and grow your money with insight you can trust Join us live Monday through Friday during market hours for exclusive content that moves with the markets at TFNN We bring the trading floor to you our season hosts are here to answer your calls and questions live on the air Check out the Tigers Den for just one dollar and follow us on YouTube and become part of our vibrant community And remember at TFNN was so confident in the value We provide that we offer 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 This portion of the traders edge is brought to you by directions daily leveraged and inverse ETFs Whether you're a bull or a bear you choose the direction visit Direction comm 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 funds investment objective risks charges and expenses contained in the prospectus Available at direction comm read carefully distributor foresight fund services LLC So Tony what we know about mxl max linear is at the top of this profile the weekly base at 23 34 and 2350 these are real key resistance levels that it's struggling to get through but if it does You'll be in good shape out there now price should at least go target that swing point from December 29th out there The volume on that swing point was 2.1 million shares so far this week We've tested it and we've rejected but with 7.5 when you test the swing point with volume and reject it price will get back up there So but you are on a weekly basis trading within that that zone of 1705 to 23 34 their box Got a nice teeny-nike out bottom on the monthly looks like it wants to eventually get up to 26 53 out there So that's what I see when we take a look at mx. WL You also want to take a look at ticker symbol SN for Saturday night live out there. We take a look at SM What do we see out here? Well, what we see it's got a Roadsman Dominicator signal triggered that requires a bearish reversal candle So that's just kind of like hey it might rain today take your umbrella with you But what we also know on a daily time frame is price above resistance resistance being it's also done change on a 60 309 the top of its profile this suggests it wants to rally further now What you want to be paying attention to especially here if you are long and I'm not suggesting that you you I just want to share with you what is likely to happen if we take a look at the weekly time frame chart We are in bar number nine of a TD 9 count the last time that this form This is just an IPO from last year August I believe of last year out here the first TD 9 count on a weekly time frame formed on December 29 And that led to a pullback that lasted for about one two three For about five weeks or so to the downside out there price finding support at the center Which was a slightly bearish structured profile So I was telling us there was not going to be a change in trend here That was just a counter trend move to the downside So you're gonna get your second TD 9 count that says we should get a top either this week Next week between this week and next week I'm gonna go with you won't get that top until we get a confirmed topping pattern on the daily time frame And so that says just watch for a bearish reversal candle could that that could identify a rogment of indicator top That's what I see when I take a look at Shark ninja ink what a great-looking shark You don't see too many IPOs that come out like this and basically just continue to rocket ship forward now It didn't have that one retracement that we took a look at it really two retracements It's had on a weekly basis that has taken off to the upside But looks like you're getting ready to form at least another short-term top maybe a three four week up pullback out there So if that helps you out Hector wanted to take a look at Newmont mining NEM as a ticker symbol and Hector's asking You know is there an A to B equal CD to the upside on the weekly basis? And my answer to that is not really and the reason is is because if I were going to try to form it I would have to use the exact same candle for the B and the C point out there and Stevie Just does not like using that that would be the candle session for March of 22nd But the good news is that what you and I could do is we can take a look at the daily time frame and identify that a To be equal CD to the upside pattern because there we don't have to use the same candles And in essence it would be doing about the same thing out there. So here's the A to B point out there Let's just simply cut copy paste an assemble We'll do the assembling right now So you've got a one-to-one that would take you up into about the 39 38 level now that B point out here had volume of 20 million shares when it was passed it was passed with volume of 14 million and then 12 million and then 15 million and 15 million again So if you're asking the question can a to B equal CD pattern form when across a B point with lighter volume There is your answer the answer is of course it can out there So that's just one of the aspects where we take a look at volume out there Oh, we what we believe is that if the B point is passed with volume And it increased the odds of at least making that one-to-one price projection level So that's the first thing got a to B equal CD the upside bar number seven That just says watch for some type of various reversal candle now It hasn't completed the pattern that's up around the 39 50 ish type area if we look at the weekly time frame chart There's a couple of different trend lines that you can run in here You were talking about native equal CD pattern for the for the weekly time frame chart You can from the different senses swing points out here So if you go back to January 27th, you'll see a number of swing points And you can see that price right now is dealing with that so from a trend that land standpoint not trend line standpoint I went ahead and put another one in here from July 14th So price is running into trend a lot potential trend line resistance out there the monthly chart says Hey, I don't know what the heck you guys are talking about. I'm inside my profile above Stevie's red line out there I want to go target 41 26 to 43 18. I'm on board with that I think that 41 26 is a likely area so watch these trend lines out here on the weekly time frame But the a-to-b equal CD pattern Hector when you get to something like this And you really go to the daily because you're really looking and that that retracement is quite frankly a little bit less than a point 382 retracement but because price did pull back to the bullish structured profile area We're gonna go ahead and use it anyways, but it does look like Newmont mining wants to continue to move higher Nicholas is asking the question. What's going on with Tesla? Let's go find out Let's go see what its stock charts are telling us so in the case of Tesla Tesla has a rogement dominicator bottom. It's got a wave number seven bottom out here and price is just simply testing that swing point Now that's a swing point from the trading session of March 14. That swing point did five of 126 million It's pulling back today and so far it's tested rejected it with 61 million shares So it's pulling back with volume even if it does not close Nicholas below That swing low at 160 51 that is likely to get tested again Now the only thing that is holding it up or maybe one of the things that are holding up are the buyers at the bottom of the profile That formed yesterday out there. So that's another area to watch out here But still even if that holds I still believe at least the high of that swing point from March 14 The high beam 171 17 would be tested you have a new profile out here that support zone is 165 38 That's your bottom and the resistance here is at 1806 on a weekly basis What has not happened there's an a to b equal cd to the downside We have not seen a bullish reversal candidate confirm that pattern the monthly chart has got support between 144 30 and where it's trading right now in the 165 zone. So what happened? What happened is it formed that bottom ran into resistance at the top of its profile pulled back And now you got a new profile from yesterday. So that's what's going on Nicholas We take a look at Tesla. Hope that helps you out Rose inside the Tigers Den would like to take a look at ticker symbol be e out here So what do we got going with be a look yesterday? This thing went ahead and ran all the way up to its breakdown level. That's bloom energy That's at the 1242 level. That's it's TD 9 count breakdown resistance So Rose, you know by looking at this daily chart because you could see price got back to that level once before And then it fell off the planet now. I'm not saying that's what's gonna happen But what we do know is that 1242 is a key resistance level what you also know is a TD 9 count pattern formed a few days ago And that is still in effect that will remain in effect unless price closes above Bar number 9 1188 we're 1190 right now if you close above 1188 that pattern gets negated and likely tells you You're gonna make another run for 1242 the weekly time frame has got no topping patterns or anything and no resistance It says 1539 and if we look at the monthly chart, you're back inside that profile That's a good thing remained above 1136 is positive and suggest a run towards the 1321 level So we're going between 1242 to 1321 And you'd love to see this thing negate that TD 9 count top today So Rose look for a close today above 1188 and then you should be back off to those races That take you up to 1242 If you spend any time online researching trading techniques on how to begin your trading journey You've no doubt come across many folks who push Forex trading as a way to make big money quickly Unfortunately, there are equally as many stories of these so-called Forex Professionals just looking to make a quick buck off aspiring traders without actually teaching the ins and outs of the Forex market This is what sets Teddy Keck stacks the Tiger Forex report off the riffraff Every Monday former Chicago mercantile exchange member and author Teddy Keck stat releases his Tiger Forex report newsletter Where he dives into the complex world of Forex and takes time to actually teach you his methods that have made him so successful in the fast-paced And rewarding world of Forex trading Furthermore all subscribers receive access to archive live streams of Teddy's where he provides University-level education to help you in Forex trading all first-time subscribers receive a 30-day money back guarantee So what are you waiting for Forex awaits in the world of trading only a few names stand out like Larry Pesavento a pros-pros with over 50 years of experience Larry has seen it all a former Chicago Mercantile exchange member Larry has authored 10 books and trained over 1,000 traders with his unmatched expertise Introducing Fibonacci 24-7 Larry Pesavento's daily trading service that turns the complexity of markets into opportunities Published every Sunday receive a comprehensive report packed with detailed commentary charts and videos that illuminate the patterns shaping the markets with updates throughout the week exclusively for subscribers Whether through charts or videos Larry's analysis is your roadmap to navigating the markets You can sign up now at tfnn.com for just $97 and with all tfnn newsletters backed by a 30-day money back guarantee You have nothing to risk for all the details visit tfnn.com. You'll find Fibonacci 24-7 right under the newsletters tab For traders who crave risk directions daily leveraged and inverse ETFs provide opportunities to magnify short-term perspectives with up to three times a daily leverage Utilize bull and bear funds from both sides of the trade and trade through rapidly changing markets These are highly leveraged ETFs with daily resetting designed for short-term trading not long-term investing Whether you're a bull or a bear You choose the direction for up-to-date pricing and performance go to direction.com 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 for side fund services LLC This program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz AAP this also is for rose inside the tiger's den And AAP formed a td9 count top on the trading day of March the 21st out there. This is advanced auto parts and right now today And it's got an a to b equal cd to the downside pattern. It has achieved more than the one to one No reason for me to draw that in there. You can visually see that what's important though today Is whether or not price holds 78 89 78 89 Is the bottom of its daily profit? I see a little gap out here that formed on the trading day of march the 12th What kind of volume was there 4.5 million shares so far today? We're pulling back with 517 thousand. So it's possible Possible that maybe this is going to find support, you know in between this a gap out here But you got to be careful because a close below 78 89 on the daily time frame to a consecutive closes rose Say this could be pulling back to 70 45 That's its breakout level But it is coming into a gap with some lighter volume So it's got some potential there if we take a look at the weekly time frame chart the weekly time frame chart Well, this would be a three river evening star candle formation So that would generate a sell the d-point pattern. There is a new profile that formed this week This is in a profile as support between 60 303 and 71 54 88 56 is your resistance level. So that's what I see when I take a look at AAP Advanced auto parts now what should take place is this should rally? Let's take a look at it Here's your 30 minute time frame chart on a 30 minute basis forms a TD night out bottom at 11 o'clock Just so we're coming on the air. You've got a new profile out here. Now. It's below price. It's above price So it's somewhat bearish So your resistance you got a couple resistance levels 78 64 and 78 90 if you get above 78 90 You've got two more battles those are at 79 76 and 80 14 So you got the bottom pattern out here watch to see if this can get through all of that sludge If it can and you negate this TD night out bottom by closing below that low That came in this morning that low out here is at 70 752 That would be your signal that this is going to head lower now Whether it gets through the gap it gets all the way to that breakout level at 70 45 I wish I could tell you but this is right now. It's looking like lower price Is most likely at this moment in time. So rose. I hope that helps you out CKP inside the tiger's den wants to go take a look at a 30 year treasury So let's go take a look and see what those charts are signaling to you and I Let's get these are a multi time frame set of charts out there monthly price pulling back and testing a key level of support The same thing on the weekly base Although the weekly looks like it's going to close below that red oscillator and change line And if it does that you could see move back to the 113 115 area out there on a daily time frame At this stage here I would say two closes below 117 25 out there. That's a breakout area Would say that we're headed down into 116 zone. That's an a to b equal cd pattern to the downside Now there is support because that formed a three river morning star pattern So there is some additional support out here. That's low from april 30th And that is at the price point of 116 24 out there Um So that's what I see at this moment of time as I take a look at the 30 year intraday other signals Nothing that really jumps out at me Uh out here So I'd be paying attention mostly to the daily time frame chart because the weekly is kind of saying hey You know what? I'm ready for lower price out there But that confirmation has got to come from the daily and it really needs that closed below the low from may the April the third out there So ckp I hope that provided the information you were looking for on the 30 year ray and sarasota writes in he'd like to take a good Agnico eagle aem is a ticker symbol. So let's get back to uh, hopefully that chart is not there Let's try this next one should be it And now we take a look at aem aem Is I think it's one of the top three or four holdings is it not inside the gdx somebody in the dem probably knows off the top of their head Well, here's the deal If aem closes above the high from two days ago and the high from two days ago was 61 89 It will negate its td9 count top and that will suggest that we have a strong moment to move underway for agnico eagle Now there's an a to b equal cd pattern that's in play out here as well. So let's pull Okay, let's pull this back. Let's kind of draw this and I'll just draw in the a to b line That will move that over to that c point out there or there about so here's your a to b Equal c to d pattern out here. Come on. Grab it. There we go And that price projection is up at the um Is up at the 66 90 level now. There's a td13. There's a combo Uh, a signal that is out there, but that still requires a close below the bar four bars ago So just be aware of that for right now This is suggesting that this wants to go ahead and make a move to at least the reason I say at least Because it's b to c retracement. There ain't no way that's a 0.382 retracement out there But negating that td9 count top of the daily time frame would be a big deal on a weekly time frame This thing is negating. Uh, we're not gating, but it's trading above. It's taken out It's td9 count breakdown resistance levels taken on a swing point. There's a larger a to b equal cd pattern I don't know if this is the same or not, but we'll just simply draw this one in here on a weekly basis Let's take a look at volume that weekly volume on that swing was from may 5th 16 million shares So far this week you are at 19 million shares. So on a weekly basis Ignico eagle is generating a confirmed a to b equal cd That says that we get back to its highs out here. Those are the highs from april 22nd That was a td9 count top on the weekly time frame That says ignico eagle wants to get back to the 67 ish area out there So again, look for that close above the daily time frame that we gave to you because that would be that That would be that signal that that's the move that is underway on a monthly time frame You are trading above profile resistance 6105. So ray aem looks boy bueno Let's go take a look at that natural nat nordic american tankers That's all from ray in sarasota nordic american tankers doesn't look as good as ignico ego What it's doing right now It's trading below the bottom of its daily profile Which is four bucks if it closes below that could be signaling ray that this wants to make a move back to its Next level of support, which would be that oscillator and changeline and that's printed at 393 on a weekly time frame You've got a td9 count bottom that completes this week You're with inside the profile your consolidation range or your trading range 389 at support and 431 at resistance on a monthly time frame Too early in the month to make any call out here But it still has a td9 count top that is in place out there In order for that to get negated and say longer term you offer the races You must see a close above four dollars and 65 cents out there So right now intraday i'm not intraday, but daily looks like this may want to pull back Um the weekly says you're not going to pull back too far 393 that would make sense because the bottom of his profile is 389 So ray thanks much for writing in we got g-man inside the tiger's den wants to take a bite out of the apple So let's go take a look at a ap lc what it is doing out here It has formed a roads momentum indicator bottom pattern It did that a couple of days ago and now what we're doing is trading Well, where are the profiles is trading it's trying to get back inside the profile both the bottom And the center are at the same price level that price level is 169 95 So g-man you'd love to see or trade at 169 96 you'd love to see a close above 169 95 if you do that it would signal to steve that apple wants to make a move to 172 88 on a Weekly time frame bar number eight is going to form I take that back a td9 count The bar number eight will only form if apple closes below today. That is 172 62 Well, you might get that out there. Uh, so I take that back. So you could get bar number eight today Uh, so this could be forming a td9 count bottom That could take place. Uh, you get a confirmation of that that next week out there monthly chart Consolidating with inside is profiles. That's a very structured profile to the man Typically when you close below the center, it says you want to get the 147 to one the bottom of that profile But watch the daily the daily time frame will be the one right now because we've got that confirmed bottoming pattern To let us know whether we're headed lower or not close inside that profile level. We're likely headed higher See bro to a tfn Hi folks, this is tom o'brien. It's the 22nd anniversary of the gold report. Can you believe it? We've taken 22 trips around the sun together and we have many more to come This year alone the gold report has returned over 50 and I want you to come along for the ride I provide in-depth analysis of the gold market as a whole in addition to providing outlooks on individual mining equities For a limited time, you can save 35 off the monthly price for as long as you subscribe 35 savings will be applied to the current monthly price and it will stay with your subscription forever With gold pushing all-time highs gold equities trading higher and inflation still raging This is a great time to try my newsletter the gold report First time subscribers get a 30 day money back guarantee. So you have nothing to risk Just enter promo code 22 years at checkout and you'll see that 35 savings applied to your subscription price And this deal will stay with your subscription for as long as you subscribe Don't forget just enter promo code 22 years at checkout In the world of trading only a few names stand out like larry pesevento a pros pro with over 50 years of experience larry has seen it all a former chicago mercantile exchange member larry has authored 10 books and trained over 1000 traders with his unmatched expertise Introducing Fibonacci 24 7 larry pesevento's daily trading service that turns the complexity of markets into opportunities Published every sunday receive a comprehensive report packed with detailed commentary charts and videos that illuminate the patterns shaping the markets With updates throughout the week Exclusively for subscribers whether through charts or videos larry's analysis is your roadmap to navigating the markets You can sign up now at tfnn.com for just 97 dollars and with all tfnn newsletters backed by a 30 day money back guarantee You have nothing to risk for all the details visit tfnn.com. You'll find Fibonacci 24 7 right under the newsletters tab Are you ready to take charge of your financial future? tfnn is your gateway to the world of trading and investing Whether you're starting out or scaling up tfnn empowers traders and investors of all skill levels with top-notch investing systems Strategies and techniques. It's time to protect and grow your money with insight You can trust join us live monday through friday during market hours for exclusive content that moves with the markets at tfnn We bring the trading floor to you our season hosts are here to answer your calls and questions live on the air Check out the tiger's den for just one dollar and follow us on youtube and become part of our vibrant community 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 if I hadn't said thank you I do want to say thank you to each of you that have written in or called in during this week offering a request for For instruments to take a look at it just makes my role here so much easier when you do that So I do want to say thank you. It's much appreciated. Well, take a look at the next request is from elo inside the tiger's den Let's take a look at dks Dks right now has got that rogement communicator top looks like he's got a td9 count top out there And prices trading in its buy zone right now. So yellow the buy zone is between the 20504 And the exact number is uh 209 51. That's the uh bullish structure daily profile If price were to close below 20504 this would say we're headed lower You've got a weekly td9 count top as well And that says price could pull back to 199 60 193 52 But we don't know about that until price would have to first crack the support level the buy zone on the daily time frame monthly chart Looks healthy at this moment in time out there. So watch this buy zone. Do I have anything on an intraday chart for elo? Well, let's take a look here is the 30 minute time frame chart. What do we have? We've got a rogement communicator bottom, but price found resistance up to that 2 12 63 level That's going to be your key area of resistance on any rally out there for dks But maybe you're not going to get any rally. Maybe you're just going to go test that Support bottom out there. Uh, so elo. I hope that helps you out and as always. Thank you for your request Let's go take a look. Let's finish the show up by taking a look at what's going on inside the nq Well began the show we identified a specific price level that likely price was going to rally towards and that was 18 4 13 That's a bottom of the new 5 hour profile the bottom of the new 4 hour profile the bottom of the new 2 hour profile The bottom of the 60 minute profile out there And we take a look at the other time frames the only potential topping signals on the 15 minute basis That says that you get a td9 count top of 12 and a 12 15 That completes that pattern just like the td9 count top on the 10 minute bar That just may pull back to test support support being the oscillator and change line to the top of its profile right now That would be a decent move to the downside your 18 265 or thereabouts and 18 353 is where we're trading So watch at least the 15 minute chart. It could negate that td9 count pattern all together And that would tell you 18 4 13 is in the cards folks stay tuned for all the great programming again Thanks for all your assistance this week. I'll look forward to the same Next week have a fabulous friday fantastic weekend. We'll see you on monday