 The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes. Free at 1-877-MAC-27-6648 or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good morning, folks. Welcome to the October 25th, the wonderful Wednesday edition of today's Trader's Edge show. I'm your host, Steve, Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. Hey, let's make sure we have an extraordinary one. Now, the easiest way to do that is to always remember that life is happening for us, not to us. That's right. When you and I make that one little two-by-four shift, it means we can find the gift. In every set of circumstances, life is going to toss at us. Now, today, you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those moles 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'm absolutely grateful for your presence here. But more important than that, and that's this. During this next 53 minutes, I am here to serve you. So feel free to pick up that phone. We'd love to hear from you. 877-927-6648. That's the number to call in at. Now, if you've got a question, but you can't dial in, you can always send me an email. Send that off to Steve at tfn.com. Inside the subject heading, please put radio show question. Of course, if you're inside our Tigers Den, well, then any in every ping we'll do. So let's go ahead and get this show started on wonderful Wednesday. Of course, this is Tiger, Financial News Network. I'm Steve Rhodes. Welcome to the show. Right now, you've got a slightly mixed bag out there. The mix is coming from the Dow, which is up 33 points. The S&P is off 26 points. NASDAQ 100 down 171. Russell's off 16. Semi's down 62. Trendy's up 262. Gold is off 3 bucks. Silver's down 21 cents. Light's recrewed off a buck. Natural gas up 2 pennies. Thirdary Treasury down 27 ticks right now. Printed out at 109.05. Leading the charge. Dollar wise, the upside. You've got Moody's score up 15 bucks. That's about a 5% move. Micro strategy, 15 bucks. 3.6%. Microsoft is up 3%. $10 move there. Waste management up 10. Stride is up about $9. That's a 19% move there. To the downside, the leaders in the clubhouse, Thermo Fisher scientific off 33. Market taxes holding down 21. That's about 9%. 8% for NASD stocks. Auto data process in 80Ps down 19 bucks. 8% old dominion is off 18 bucks. 5%. We've got movers and we've got some shakers. Let's begin by taking a look at what the equity markets are doing out here. Right now, you do have the Dow that's trading the upside. Why don't we just start there? Let's go take a look at its intraday charts out here and see what the Dow needs to do. I don't know to suggest that this rally has any kind of meaning to it. What do you mean by meaning to it? We need to see where resistance is. Where is price trading into? For the Dow, we're not going to go take cash in to see if we're going to take a look at the equity future contract. As we do that, we can see that the Dow equity futures are certainly up. They're trading out at $33, 289 as we speak, but what you'll notice out there, and I'll just simply expand out the chart, is that red oscillator and change line. Red oscillator and change line is a somewhat bearish directional signal. As long as price remains below that, that tells us we have a falling price oscillator below zero. That is a bearish signal. Now there's support out here inside the Dow on its daily timeframe. That's at the bottom of its profile. That's at the $33, 148 level. So what you're watching now today, and don't use this to the T, $33, 342, the reason I say not to the T is simply because as price moves higher, that number is going to move a bit higher as well. What I can share with you though, is if we get above yesterday's high and we stay above yesterday's high, slide this over to the left. Yesterday's high is $33, 420. Then you can expect to anticipate that a further rally is going to unfold. So yeah, the Dow is green, but if we take away the Dow equity future contract so far it has not taken out resistance on the daily timeframe. Let's go take a look at those other timeframes. The five-hour timeframe chart suggests it's just consolidating between support and resistance. Attested support over the last five hours at $33, 122. If you can close above $33, 341, offers the promise of a move to $33, 559. You got a TD9 account bottom on the four-hour timeframe chart for the Dow. You can see it's consolidation zone, and that's between the bottom of its profile, $33, 122, and that was tested early this morning, and $33, 341. Just like the five-hour chart, four-hour chart has the exact same profile, at least at the bottom and the center. So it's going to be that $33, 341 level that's really going to be key for price to close above on a four-hour timeframe chart to suggest a move to the top of the profile or its breakdown area. The breakdown is at $33, 559. No different opinion on the two-hour chart. It's got the same information. Similar to the 16-minute chart, it's got the same information. It has a little bit different resistance points. Both the two-hour and the one-hour are at $33, 357. Let's go with the $33, 357. It makes it just a little bit more difficult for price to move over that level. Otherwise, on an intraday, the only thing I've got is a 15-minute TD9 count pattern. This should take the Dow equity future contract up to $33, 366. That's its TD9 count breakdown resistance level. If we can't do that, whether it's pretty weak is what the signal would be for you and I. So that's what we see going on. We take a look at the Dow. We take a look at the Dow equity future contract. That is, let's go take a look at the other equity future contracts. But let's look at the daily, the weekly, and yeah, just the daily and weekly. So the top row out here, ES-mini are the daily timeframes. The bottom are the weekly timeframes. So let's start with the ES-mini. Off of about $0.6 we were sent as we speak right now. It yesterday generated a, a, uh, Rhodes-McDominicator bottom. Had a little bull sash candle. Now we can see that price ran into resistance at its oscillator and change line. We talked about this OUL, the oscillator and change line for the Dow. For the ES-mini, that number is around $4281. It's printed at $4281. If price moves higher, price needs to close above that. Now, I've got two different sets of profiles and we've got to use them both. Remember, the first set of profiles, so we take a look at here on the white chart, uh, shows that price, uh, the profiles are above price. And that is a bearish message. It tells us about overhead supply. But my black background charts show, and we talked about this at the, um, at the, uh, 11 a.m. update. Support here and write this down in your pad of papers at 42, 34, 25. We use both sets of profiles out here. When they form, I just simply use them all. I don't get, uh, anxious or anxiety because which is real, they're all real out there. So we'll use those as support and resistance levels. But you did get a, a rosemate to indicator bottom yesterday. And if price can close above that oscillator and change sign, we're going to get more rally. Now, that more rally may only take us up to the top of the profile when I take a look at the black background chart. And that's up at 43, 18. And that's the bottom of the profiles you can see on this white background chart. So 43, 18, 25 would be the level that price should be able to get to if it can close above that red oscillator and change sign, certainly move above it. Beyond that, then what you would see is resistance at 43, 60 and 44, 0, 2. That's looking at the daily timeframe. We look at the, uh, um, uh, for the EES mini. The weekly timeframe has a Gartley by pattern. That remains in effect unless price closes on Friday below 42, 35, 50. If it did that, it also has support not that much further down. It's next support level would be at 41, 94, 75. For the NQ, the NQ has that TD9 account bottom. That TD9 account bottom remains in place unless we see a close below 14, 5, 86. We have a new profile that form. The new profile has support at 14, 5, 99. Again, the profile here inside the, uh, white background charts show that the bottom is down at the 14, 6, 84 level. But I'm going to use those black background charts. We use them all and that profile support level is lower. And that was actually tested earlier this morning. 14, 5, 99, 50. That's level. A note on your pad of paper. Zero to a T of an N. We'll be right back. Currencies, commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the Forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, Forex stocks and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the Euro dollar, pound dollar, dollar Swiss, dollar yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30 year T bonds as they both influence Forex markets tremendously. 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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. Welcome back, folks. You get to dial up 68 S&Ps down 27. We're going to take a look at some requests that have come in. The first one for Nancy. Let's take a look at Microsoft and her question is up or down from here. So let's open up the daily timeframe chart here first, Nancy. And it's going to be dependent upon the close. So what we can see right now is that first, price is taking out its TD9 Count Top. That TD9 Count Top formed on the trading day of October 12. So taking that out is a bullish message out here. We can also see that price is trading above a TD9 Count Breakdown Resistance Level, the key important one, which was at $337.40. So if price stays above $337.40 at day's end, price should make its way up towards the $351.89 level. Now, there's also an A to B equal CD pattern that we can take a look at. The B point is the trading session from October 19. Now, the volume on that session was 25 million shares. So far today, we're at 21 million shares. So what we know, Nancy, is we have at least a confirmed buy A to B equal CD pattern. So let's take a look at it. Let's go ahead and draw in the A to B point right there. And let's see if I can take this over. See if Stevie fixed that problem. Did he fix it? Sort of fixed it. Maybe it just got good at the grab. So the one to one takes us up to that level, that next level that we were talking about, that next level is that TD9 Count Breakdown at $351.89. So at this stage of the day, at 11.19, don't know what the end of the day session looks like. And we really want to see price stay above that $337.40 level out there. It looks like you've got a confirmed A to B equal CD to the upside. Now, that retracement level, that B to C leg out there, Nancy, that's less than 0.618. Maybe that's a 0.382 retracement out there. Typically, when you do less than 0.618 retracement, odds favor, doesn't guarantee it, but odds favor increases the probability that this will do more than a one to one A to B equal CD. That's why it's so important to maintain the exact same angle of the A to B leg toward the C to D area. That way you can understand, is it a stronger move along the C to D line that is on the A to B? That's another piece of information that's out there. So right now, when we take a look at the daily time frame chart, the $351.89 becomes our price target. Let's take a look at the weekly chart. The weekly chart says $350.350 is the price target. And I would say a price closes above the center of its profile out here this week. The center of that profile is at the $340.21 level that will add to that message of moving higher that $350 area. On a monthly time frame, Nancy, you've got the top of the profile on a monthly base at $350.204. So based on today's action, we'd have to say that Microsoft, over time, is likely going to go target those areas. Now, we have seen Microsoft back off. What's behind that? Can we figure out what's behind that? Let's put up the 30-minute time frame chart. Let's at least start there. And what do we see? We don't see much. Price moved higher, gapped up, obviously. But on the pullback, price right now is trading with inside its profile, but price pulled back that says that green oscillator and change sign. So that message is bullish, but we do have this new profile to contend with Nancy. And that's between support at $332.62 and resistance at $346.20. Let's just change this. Now, the oscillator and change sign is going to be wrong here. But let's just go down to a 15-minute. It's going to maintain that 30-minute oscillator and change sign. But just look at for any kind of signal out here. Nothing changed when I look at a 15-minute time frame chart. Nancy, so we're going to go with that call as we speak right now. Of course, it's going to be dependent upon how the market closes today. But it does look like Microsoft wants to make that move higher. Sorry that I couldn't detect that yesterday when we were taking a look at it as price was sitting up for resistance. But resistance was resistance until it's broken. And today it is broken. Let's go to our next request out here. It's coming from ABCD, your day on Inside the Tiger's Den. You want to take a look at ICU. So let's pull up the charts for ICU. Get a feel for what they are doing out here. ICU trading at about 83 cents. 87 actually was the last trade. Now at 92 pennies, Dan, you've got a profile resistance. In fact, right now is a profile resistance zone. And that zone is between the price level of, let me give these to you, 83 and 91. So 83 cents and 91 pennies. That is the resistance zone. If I see, and I see you a couple of days ago confirm that roads went to Mindicator top when it formed that little bear separation candle. However, its overall signal is neutral. The reason it's neutral is because price found support at that green oscillator and change line. So you're at a neutral signal unless price closes back above 92 pennies. And if it does do that, then you are off to the races and those races take it back to its high around a buck and a quarter. We take a look at the weekly timeframe chart. The weekly's got a nice TD9 count bottom. That TD9 count bottom actually formed at bar number eight, the week of September 15th. Price is above profile resistance. So it should continue to move higher. We have a TD9 count bottom on the monthly timeframe. No profile is here worth paying attention to. But you've got a bottom on the weekly, a bottom on the monthly. You've got a top on the daily, but it's found support that green oscillator change line. And right now all it's going to deal with is that 92 cent area. If we take a look at, if we take a look at ICU on a short term basis, a 30 minute timeframe chart, see if there's anything out here for you and I to glean from, the answer is a buy the D point pattern. That buy the D point pattern came in right at its breakout level of support, about 64 cents out here. So yeah, no, I don't see anything too. So it's really going to be all about the battle right now of those sellers. And those sellers again, these exist between 83 cents and 91 pennies out there, 92 pennies. So Dan, I hope that provided you with the information you were looking for on that music to your ears. Perfect. I like being able to provide music. All I'm doing is narrating the chart. And then by narrating the chart, what do I mean? We're one, we're taking a look at where support and resistance really important. What also are we looking for? We're looking to see was there a top or a bottom? Was there a top or bottom that formed several days ago and where's price trading relationship to that? So we've got profile support and resistance. We've got oscillator and change line support and profile resistance out there. And we're just narrating what the charts are telling us. Obviously anything can change in a heartbeat out there. And oftentimes it does, but we use these probabilities. We use these tools to our advantage to help us understand what the market is communicating. Let's go to our next request, which is coming in from Alton. And Alton writes in, he wants to take a ticker symbol, TRX out there. So let's pull up those charts. And what Alton is looking for is a entry point into TRX. TRX, RTX. Well, wait, TRX? I better go back and take a look because RTX pulled up on my screen. So now Stevie's guy had maybe a little brain fart there. It is RTX. Okay, so I got the right, I just typed it in the wrong spot. So RTX is the number and RTX is RTX Corporation. Okay, well, that's helpful. Now RTX, so you're looking for an entry point. So this has got an A to B equal CD pattern yesterday that it generated when price closed above its swing point, which was from the trading day of October 17. That swing point had volume of eight million shares. Yesterday it was passed with 25 million shares. So the A to B, you know what we're going to do here, we're going to switch over to my black background charts. We'll use that A to B equal CD tool, because we can give you some price projection levels. But before we do that, I'll just take a quick peek here at the weekly and the monthly. And on the weekly chart, what we know is that price is trading above resistance levels, two resistance levels. One's the oscillator and change line. That's printed at 76.61. The second is the top profile. That's down at 75.94. When you trade above resistance, of course, the weekly chart. So we have to wait till Friday. But right now, this is telling us we're in a change of trend mode out here, and that price should continue higher. Now, this does have a gap, and that gap to the downside on the weekly basis formed on September 15th. The volume on that gap was 85 million shares. As I mentioned, only Wednesday, we're at about 37 million shares. So it's got, it seems a little bit lighter, but only time will tell there. We get back from this break, and you're going to have a monthly TD9 count bottom. That could form between this month and the next two. So let's try to figure out where this is headed to on its daily time frame. It is A to B equal CD pattern up there. Steve Rhodes with TFN. Hope you're right back. Old Report. As a precious metal, gold is still king. 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Gapped up yesterday and confirmed it A to B will see it at the upside. It made the one-to-one price projection level. So when you gap up or you're coming in with a wide-ranging bar and a gap, in this case here, this is a wide-ranging bar. All you have to do is just color in the area from the prior days closed to the yesterday's closed and that would be a wide-ranging bar out there. And that's not how you complete patterns. That typically tells you that you're going to do more than, in this case here, the one-to-one out here. We also had that .382 retracement. It was 38.33% out there. So likely this is going to go target the 8058 level. But what you're watching for here, though, Alton, is a bearish reversal candle to confirm a top. If I look at a 30-minute time frame chart, so let me pull this over to this chart just to get a feel for what's going on intraday. This did form or is forming. It's trying to form right now a roadsman to indicator top. So we have price gap up. We have a potential dark cloud cover that's forming. It's only 1130. Well, this actually, I think there's a little bit of a delay out here. So it looks like to me this is going to just maybe about a minute or two that we're behind. So it looks like this is going to confirm a roadsman to indicator top. And price should pull back to $77.65 or $76.51 out there. That's at least on an intraday basis. Would you go ahead and take the trade down there? I don't know. I think we'd have to come back and take a look at it as it does the retracement out here. The better, more ideal thing would be to get a, sell the D point pattern on the daily timeframe and watch this thing pull back to a support level, which right now would be about $74.66 or the top of its daily profile out there. Nothing assisting us on the weekly or the monthly out here. So I think you got to sit tight out there, Alton, and continue to monitor RTX. Hope that that helped you out. John C inside the talk, he wants to take a look at Boeing. So we're going to flip back to the white background charts out there. Give me a moment. See what Boeing is doing. I believe it's confirming a TD9 account pattern, but let's go take a look at it. Let's look at the chart. So today is going to be bar number nine if price closes below $182.79. $182.79 is first the most important number that you want to write down on your pad of paper. Now, if you close below $182.79, we're actually trading at $184.90. So my chart really does have this delay. I got to figure out what the heck is causing that. But that's okay. I've got two screens I can, really multiple screens, but I've got two screens to pay attention to. So if price closes above, that's bar number five, that low that I gave you, it will negate a, it will not form a TD9 account pattern out there. Again, that number to be watching days in $182.79. Now, what you do have certainly is a key reversal bar, but in order to have it a full key reversal bar, that would then confirm a roadsman to indicator bottom, price has to close one tick in the opposite direction. That means you've got to see a green-bodied candle out there today. So watch for that too. The open on Boeing was at $186, even Steven. So $186.01 would actually accomplish that task. Now, what you do want to see this do, so you'd like to see that key reversal bar, you'd like to see it close certainly above the $183.94 level, that's the bottom of its profile. Now, if all of that gets accomplished, John, I don't know whether it will or it won't, but if that gets accomplished, then you'd have a buy signal. Your battles to the upside, your warriors are sitting at $189.48 between $189.48 and $193.63. I say between because that is a bare-structured profile, so that's your entire range out there. What's nice about Boeing, if it can form a bottom today, is the weekly chart, which is going to confirm on Friday a teething at nine-count bottom. When I say confirm, I really should say complete. What I mean is that the low took place on the bar following bar number nine. Now, the cool thing about that pattern is that a price closes below that low. That's the low for the week. I don't know what it will be by Friday, but so far, the low for the week out here is $176.25. Let's assume that still is a low, and next week, we come in and price closes below that. Well, you would exit the long trade because intermediate-term timeframe, it'd be telling you we're headed lower in a strong momentum move, and that lower move in the case of Boeing could take us back to $132.21. It's not the call I would make, but on a weekly chart, that is the open target out there for Boeing. On a monthly chart, while we have Boeing completing a TD nine-count bottom for its weekly timeframe, we have Boeing that's pulled back to its buy area on the monthly timeframe chart. That's a bullish structure profile. The buy zone is between $181.21 and $191.24. What that means, John, is you certainly want to see price close above $181.21 at the end of the month. You don't want it to be a trick. You want it to be a treat, and that would be a treat if price can close above that. So, Boeing is looking pretty good. It's really all about the daily as we speak right now. It did negate a prior rosement to indicator bottom pattern that formed out here on October 6th. We had about a four-day rally, and then price slipped back inside its profile. Not really what you want to see. You don't want to see price slipped back inside a profile once you've cleared resistance out there. Kind of suggests it was a false move to the upside. So, those are the parameters to be watching for Boeing. John, I hope you wrote those down, and I would assume we'll take a look at that tomorrow just to see what, in fact, it did do. We had a request by GPH inside the Tiger's Den once to take a look at the gold contract out here. And the question was, what did the gold contract do yesterday? So, we'll take a look at it yesterday today and all the other days that show up here. We'll do that by moving to the daily and then the intraday charts out here. So, when I take a look at gold, here's the most important thing that you need to know. First, it has a TD9 count top. So, let's take a look at that. We're going to simply go ahead and open. I think it's this panel. Let's give me this problem, but we're going to first open this up. Let me get rid of an old marking out here that we don't need. Let me get rid of that 1939. Okay, so we've got a TD9 count top. By the way, this formed a TD9 count bottom. So, the key level, there's going to be two key level of resistance areas that I provide for you, GPH. The first one is the actual TD9 count top. It took place in the following bar, number nine. If we take a look at that high, that's at 2009-20. That's a real key level of resistance. There's a piece of resistance that's down below that level. That's at 1996-40. However, there is a new daily profile that has formed. My system did pick that up. That's a beautiful thing. So, 1996-40, that is your key level of resistance. Now, when we take a look at this profile, it shows that it's a bare-structured profile. Even on my black background system, I have this bare-structured profile out there. And that means the price closed below the center. And the center is at 1983-70. If price closed below 1983-70, GPH, that tells us that price should make its way down, at least to its oscillator and change line. Currently printed in 1946-90. More likely, and if price were to close below that, then it would be the bottom of the profile that we'd be looking at. And inside of gold, that's at the 1980 level. What took place yesterday? Really not much. Just nothing significant that I can see, at least on the daily timeframe chart. So, watch the daily TD9 count. Watch those levels that I gave you, and they will assist you in what the chart is telling you, what buyers and sellers are telling you, what their intentions are. If we take a look at a five-hour timeframe chart, all we have out here looks like a consolidation with inside its profile as well. That's between 1997-60 at resistance and 1977 at support. Both those levels were explored during the last five hours out there. So, just a good old-fashioned consolidation. The four-hour chart did form a TD9 count top and it did that at two o'clock in the afternoon on the 20th of October. And now it's just consolidating with inside its profile. So, no other piece of information that's worthwhile for us there. What else does DB have? I don't have much else that I can see, GPH, to assist you with Goldilocks. But if there's some other piece of information you were looking for, just ping me back, and I'll get that for you. We get back to this break. We're going to take a look at Micron. That's for Nicholas and SBSW for Brent in Martinez, California. Of course, I'd love a few more requests out there. Steve at tfnet.com. Many ping inside the Tigers. We'll be right back. 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 tfnet.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. 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This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Put the charts from Micron up on my screen right now. Micron is actually trading at, let me see here. It's actually trading at 6820. So disregard the 68, oh, I'm at 68 on my screen. So the question that Nicholas is asking, he's in a long call, wants to understand, you know, really what's Micron doing? So we can see that Micron this morning traded up to the 6920 level. And the question is, why did it stop at 6920? And the answer for that, Nicholas, is on the weekly chart. The weekly chart shows that green oscillator and change line. And right now with price below that, that is a key resistance level. And that's at 69.01. So that is held. Now you have support because there's a new profile that formed yesterday. And the new profile supported at 67 bucks. So you've got support at 67. You certainly have one resistance level at 69 and a slight bit of change out there, 69.01. And above that, it would be 69.68, which would be the top of the daily profile. The retracement here looks like maybe about a .6 retracement. That was a few days ago. You have tested and rejected the swing point from down on September 28. So let's take a look at that. That was 46 million shares swing point. That was tested and rejected yesterday with 8 million shares. So there's your test and rejection of a swing point on lighter volume. And it says you didn't want to bust it down any further. But now you're dealing with that resistance, those resistance levels. Again, 69.02 to 69.68 out there. I wish I had more to provide to you. I don't see anything on a short-term chart, so no reason for me to pull that over to you. But that's what Micron is doing. So best of luck to you in that long call position out there. Brett would like to take a look at SBSW. So let's pull open that chart. And what Brett is looking for is support. How low will SBSW go? So let's go take a look at it, see if we can help him out. So SBSW, we're going to start on the monthly timeframe chart, Brent. And on the monthly timeframe chart, this is going to be bar number nine. So there's the potential that a monthly TD9 account bottom, well, there's not a potential. The TD9 account bottom is going to form this month. It will complete next month. So that says, OK, be paying attention for some type of bottom to occur. That's over the next five weeks out here. Well, how are we going to know if that bottom forms? Well, the cool thing is, Brent, is on a weekly basis. We've got a Roadsman Dominicator signal that is present. It's triggered. And that says that if we get a bullish reversal candle, then we would have a confirmation of a Roadsman Dominicator bottom on a weekly timeframe. So that would be a beautiful thing. Just so it turns out that yesterday triggered the first Roadsman Dominicator signal in a daily timeframe. Market is stretched when we see those signals form. They require bullish reversal candles. Well, yesterday you had a gap down. Today you've got a gap down. So where can this head to? That was the next question. So let's try to open up these charts here, see if we can help figure that out, at least on a daily timeframe. You know what we're going to have to do here? We're probably going to have to go take a look at the A to B equal CD pattern. So I'll go to my other charts for that real quickly. Let me open up the weekly chart and see what other bottom anything I've got out here. And nothing shows up. I'd have to turn on another tool to see where the next breakout area is, but I'm going to pass on that right now while my system is kind of acted pretty slow. On the monthly timeframe chart, the real low that it could be, let's say this TD nine count bottom pattern fails on the monthly timeframe. Well, then that's done as a price get back to $2 and 32 cents out there. So let's go take a look at the black background charts. Maybe I'm not on them. Okay, good. That's a good thing. They said and do that. Let's take a look at the black background charts and let's start with the first, the larger A to B equal CD to the downside pattern. So that's going to and because there's so many on the daily timeframe, it's why I like to start with the larger timeframe, get a feel for the real underlying pattern that's in play out here. So this A to B equal CD, the B point was at eight bucks, volume on a monthly basis, 75 million. When it was passed, it was passed with 81 million shares. That is a confirmed A to B equal CD. That gets down to basically zero gets down to minus 20. So I know that's not the likely outcome out there, but that is the pattern that is in play on a monthly timeframe. We'll watch the CD nine counts to identify A bottom. There's a couple of different A to B equal CD. Let's see if we get a different one. If we take a look at the, or if I get that same one, if I take a look at the monthly spring point, I wasn't paying attention to price out here, but that would be the high for March of 2022. And the bottom of B point would be 919, 2022 and the C point out here on January 9, 2023. Come on. Can you get us down to that minus 20? No, it gets us down even further. It gets down to minus 364. So we're going to turn that one off because that's not reasonable. So I've got smaller A to B equal CD patterns out here, Brent. And that next price projection might be 401 or so. Here's how you're looking for the next bottom. And here's how I would take a look at it based upon the signals here. The first thing I'd be looking for is a daily timeframe to see if it can generate a roadsman to indicator bottom out there by generating a bullish reversal candle. And then we come back and we take a look at the weekly chart and see what it is doing out there. But as far as price projection levels out here, really kind of complicated, difficult. $2.32 is about the only thing I can really come up with right now. And I'm not saying that that's where price is headed to. So Brent, thanks for the call yesterday. Thanks for the request this morning. Much appreciated and have a wonderful Wednesday. Hector and Patty, they want to take a look at Barrick Gold. GOLD is a ticker symbol out there. So let's go take a look at it. And then we take a look at Barrick Gold. It is right now Hector and Patty consolidating with inside. It's a bullish structured daily profile. I don't have any kind of a top out here, any kind of a top. We take a look at GOLD. Now, the support zone is where price pulled back to yesterday. And that support zone is between $16.08 and $16.29. That held where it's price headed to. Likely the top of its profile. And that's at the $16.93 level. Geez, for all I know it could already be up here. Let me change my black background screen where I've got the most accurate date. Oh, I wasn't even on that. Let me switch over to the white screens out here. Give me a moment, folks, sorry about that. Although you were kind of taking a look at the everything that I was saying because that was really found along there. So $16.93, you're at $16.84 as we speak right now. If price can take that out, you know, you're off to the races out here to the upside. Now where would those races take Patty and Hector? When you look at these charts, what do we do? We go from daily to where? We go from daily to weekly out there because there's not an A to B equal CD to the upside even if price takes out that swing point on a daily basis. That's not enough of a retracement. It certainly doesn't look like it's enough retracement to me. And when I say enough, I mean in a .382 retracement out there. That's like the minimum level that you want to be able to get to or at least somewhere close to that. And that retracement yesterday was a 26% retracement. For me, no reason for us to try to force a pattern. We don't need to. Why? Because the price takes out resistance at $16.93. We then slide over, our eyes slide over to the weekly chart. The weekly chart says, okay, we're trading above the center of a bullish structured profile. Stevie has shared with us multiple times so much so that we're tired of hearing it which when you close above the center of bullish structured profile buyers should have the strength to push price up to the top of that profile. That's at $17.66. So $16.93, that's your first key level of resistance. If you get above that and close above that, then we're looking at $17.66. And then above that, we'd look at $18.81. And $18.81 would be the top of the monthly profile. So that's what we see when we take a look at Rand Gold on a 30-minute basis. I don't have a top. However, we're going to pull this chart over here, Hector and Patty. However, what we can see out here is price has found resistance. That is TD9 account breakdown resistance level of $16.80. You are trading at $16.86. You want to see two consecutive 30-minute close above that to suggest that it wants to add higher, at least back to the most recent highs out there. So Hector and Patty, I hope that helps you out. Thanks so much for the request as always. We get back to this break. We're going to take the EFC for damn inside the tiger stand. Great. 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 as well as why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, forex, stocks and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs including the dollar index, the euro dollar, pound dollar, dollar Swiss, dollar yen as well as many more. And he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60-minute webinar archive. He just hosted forex strategies and fundamentals. What is behind the Tiger Forex report? For all the details and to start your 30-day Tiger Forex report subscription today, visit the front page of TFNN.com. 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, the creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman in 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. Just visit the front page of TFNN.com. Let's take a look at Verizon. We're trading below that, or I believe we're trading below that right now. Let me see where we're actually trading inside Verizon. But here's what you want to see. You're at $33.94. You want to see a close-up of $34.17 to tell you that you've got a real breakout going. Now, we look at the weekly chart. Verizon has resisted at $34.60. We're trading below that right now. We're trading below that right now. We're trading below that right now. We look at the weekly chart. Verizon has resisted at $34.64. Why did it stop where it did? This is a profile, a weekly profile, with overhead resistance. So you really want to see, forget $34.17. $34.64 is a level that you want to see price overcome. If you can overcome that area, that's a real sign of strength out there. On a monthly basis, you're going to potentially get an erosement to the indicator bottom. It needs to rally a bit further. You could get a TD9 count on a monthly basis, but that TD9 count is only bar number eight. So it could be between this month and a couple months out here. Here's what I would do on Verizon. I would watch $34.64 like a hawk out there. Let me see if we get VFC up on the screen out here. Not VEX, but C. C just happens to be the letter. That's next X on the keyboard if Stevie can only type. So we're waiting for this to load here. Dan, I tell you what, because the show is basically over, I'm going to go ahead and post these charts here for VFC for you and any other commentary I'll go ahead and post in the addend. Folks, stay tuned for all the great program we've got lined up here. I'll be back with you tomorrow on terrific Thursday. Please have a wonderful Wednesday. Be safe out there. Take care.