 The following is a presentation of TFNN The Trader's Edge with Steve Rhodes Toll free at 1-877-MAC-27-6648 or internationally at 727-873-7618 The Trader's Edge now Steve Rhodes Good afternoon folks, welcome to the October 20th, 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 everybody out there is having a great day. Hey, let's make sure we have an extraordinary one. The easiest way to do that is to always remember that life is happening for us, not to us. That's right. We do not make that one little two-by-four shift. Well, it means we can find the gift in every set of circumstances that 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 bulls and bears, what those buyers and sellers are communicating to you and I just past one o'clock in the afternoon. I want you to know I'm absolutely grateful for your presence here, but much more important than that, and that's this. During this next 60 minutes, I'm here to serve you. So feel free to pick up that phone. You can dial in 877-927-66 for it. If you can't dial in, we've got you covered there too. Let those fingers do the walking. Go ahead, send me an email. Send it to Steve at tfnn.com. Inside the subject heading, please put radio show question and in our Tigers stand, any and every ping will do. So let's go ahead and get this show started on wonderful Wednesday. Of course, this is Tiger, Financial News Network, IBC Broads. Welcome to the show right now. We've got a mixed bag out here with the indices that dows up 176 and the SP's up 15. NASDAQ 100 off 27. Russell's up 14. Semi's are off 7. Trendy's up 155. New York Stock Exchange up 107. Gold's up 15 dollars. Silver's up 56 cents. Light's recruit up 55. Lead in the charge. Dollarwise, the upside, it's micro strategy. 32 bucks, 4.5 percent. Anthem, Inc. 27 or 7 percent. Mercado, Libre, 22, 1.5 percent. Charter communications, 14 or 2 percent. Humana is up 13 bucks, 3 percent. So the downside booking holdings off 63 dollars. Asimil holdings off 38. Google's down 30. Amazon down 23. Nova backs off 21. So we've got things to look at. Of course, I want to look at what you want to look at. There's four requests that have come in so far. Looks like a fifth request maybe. And let's do this here. Let me go over the general markets and then we'll go to the request line out there. Of course, we do have call head seating. So that means if you do call, we go right to you. So let's begin by taking a look at the market. So what do we know right now? First, the question is, is the Dow getting ready to break out? So we have both the Dow and the ESMini. So this is a daily timeframe set of charts out here. You've got the four equity future contracts. And what you have are those consolidation patterns that you and I have been tracking. So what we know right now is the upper right hand chart and the lower left hand chart is the Dow and the ESMini. And both of them are at the top of their consolidation. So the question is, so logically, if we're just in a consolidating market, we should expect to see price begin to turn down somewhere around this area here. But what happens if it's a real breakout inside of the Dow? So let's go take a look at that. It could this be a real breakout? Now, the answer to that can be summed up by take a look at how is the Dow trading in all of the major currencies? In order to have a real breakout, you know that the instrument needs to be trading higher in all of the major currencies. So I'm referring to things like gold and light sweet crude and the Dow and so forth. And here we can see the Dow price in dollars, euros, yen and pounds. In dollars, we've made a new all-time high. In euros, we made a new all-time high. In yen, we've made a new all-time high. We did that a couple of days ago, I believe. And in pounds, we're just about to do that. This is a signal of certainly global capital flowing into the Dow. And that can sustain a rally for quite a period of time. What quite a period of time? What the heck do you mean, Stevo? Well, let's try to figure that out. First, if we take a look at each of those, I've taken those same charts here and shown you the price projections. Now, this is the measured move price projections for each of the four equity future contracts. So those are identified in yellow. These are approximate numbers. Don't hold me right to this, but we know that when we get a break of a consolidation, then that offers us a measured move equal to or greater than the consolidation. So back to the Dow. It's the only one right now. Well, really, the Dow and the S-mini flirting with those resistance levels at the top of those consolidation boxes, the Dow would be signaling a move up to 37406, if in fact this is a real breakout. Well, look, we just took a look at how the Dow is trading all the major currencies out there. So that means on every trader's desk across the globe out here, they're like, I don't see anything bearish. Now, we're going to take a look at some of the details to see if we can figure that out. But right now, these would be the price projection levels or potential price projection levels on a breakout. In the case of the S-mini, you're looking at $4,800. Well, what else can we take a look at from a tool standpoint to try to understand is the Dow breaking out? Well, one of those things would take a look at its horizontal trading range boundary lines. Now, this is the weekly timeframe, but this really gives us the best view of what the Dow is doing and prices up against. So we know that the Dow is up against, this is the Dow cash indices, up against two levels of support, the consolidation, which was shown on the daily timeframe chart that we were looking at. And now in the $35,493 level, that is its monthly horizontal trading range boundary line. Now, we're only at the 20th of the month, and I don't know where the Dow is going to close at the end of the month. But if there's a close above the top of the consolidation, if there's a close above 35, just called $35,500 out there, this is suggesting a move over time to the $39,000 level. So we have two price projection levels, if there is a consolidation breakout here. One is going to be the $37,000 level, that's the move equal to the consolidation. And the second would be that next horizontal trading range boundary line. And that would take us up to the $39,068 level. If we take a look at the Dow sticking here with the theme of the Dow right now, this is taking a look at four different timeframes and its TAS market profiles. We can see that right now on a weekly basis, the Dow is taking on the top of that weekly profile, and that's at $35,388. A close above that would be a bullish outcome. The last level of TAS market profile resistance comes from the monthly time frame, and that's up at the $35,431. $35,431, we're trading at $497 right now. Of course, it's a monthly time frame chart. But all these would be the benchmarks or measurements that we would use to help us understand, is there a real breakout going on? And inside the Dow, the answer right now is absolutely yes. Of course, we want to see what the end of the day looks like here. But everything that we're taking a look at is pointing to a yes. Now that is in opposition to what's going on inside the NASDAQ out here. And what I mean by that, I'm going to switch to a different set of charts as soon as I can find them. So give me just a moment. So we've got really two competing patterns that are out here, the breakout inside the Dow, and then in the NDX100, here we go. So let me change the screens. And really what I'm looking for in the NDX100, that's the indice that is trading lower, as we speak right now. And here, when we take a look at the top eight holdings with inside that, represented by Apple, Microsoft, Amazon, Tesla, Google, Nvidia, Facebook, and PayPal out here, we can see as we take a look at Apple, Apple could, we don't really have a topping pattern per se out here. Apple was in a Consolidate, take that back. Apple was in a small little consolidation, and it may have been making that move. It's right now, it's got a shooting start handle. So Apple, we're going to say, not sure you should. We'll take a look at the detail charts for Apple soon. But if you take a look at Microsoft, this is forming a sell the D point or appears to be in the case of Amazon, the same thing. Tesla has a TD9 count top, that suggests to move back to 841. Google could be confirming a sell the D point, as we speak right now. So could Nvidia, not so much in the case of Facebook and then PayPal will just kind of leave that off the side. So the NASDAQ100 is saying, hey, maybe not so fast. And the Dow, and international capital is saying, I don't know what you're talking about. Steve Rhodes with TFNN, we'll be right back. 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 it 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. What's separating you from the most successful men and women on Wall Street? That's right, information. Having all the information gives us the perspective we need to place the right trades at the right time. The TAS Profile Scanner is the premier market-profile-based scanner. Powered by its acclaimed TAS proprietary algorithms, this feature-rich scanner instantly filters over 2,500-plus global financial markets, such as stocks, ETFs, commodities, futures, and forex. This powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades before they happen. For a limited time, you can save $100 off your first month by using the promo upgrade, and you still get a 30-day money-back guarantee, so you have nothing to risk. Level the playing field with the TAS Profile Scanner, which you can find under the Services tab at TFNN.com. Sign up today. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the Authority in 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 4.00 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. Call now toll-free at 1-877-927-6648 internationally at 727-873-7618. Back folks, let's get to our first question. First question coming in from Nancy A. What does it say? That's okay. Nancy wants to take a look at Apple, so that's the charts that you've got on our screen. We're going to stay with these eight panel charts here for a couple of the requests that have come in. So Steve, if you could do a TD9 count analysis on Apple today, you'd appreciate it. Where's the likelihood to go? Also, could you send me a chart that I can read? Okay, I can take care of that for you. So we'll take a look at Apple right here. So if we take a look, as you start from long-term, go down to short-term. If we take a look at the monthly timeframe chart, you see a roadsman to indicator, completed pattern, but priced up and able to bust below at oscillator and change line, which is bringing at 1.4526. If price did close below that on a monthly basis, 1.2950 would be its signal to us. The weekly chart has a confirmed roadsman to indicator top. It's got wave number seven out there. So this could just be a counter trend rally in the weekly basis, price sitting right at the center of that bear structured weekly profile. In the case of the daily timeframe chart, as I mentioned earlier, it looks to me like this is completing a measured move of a small consolidation breakout. If you get a bearish reversal candle today, that could be suggesting to you and I price pulls back to the top of that profile Nancy, 1.4519. So that's the bigger picture. Now let's go take a look at the intraday charts. On the 195-minute chart, there's 295-minute sessions in a daily cash market. It's right between 9.30 and 4. And that's why we use the 195-minute timeframe so that the bars that we compare are equal to each other. In this case here, we have a TD9 count top. This, and we can see that the odds that are in change line change colors went from red to green. That suggests that price is going to target that line, which is currently printed at 145.76. If I look at the under 30-minute chart out here, maybe I could put an A to B equals CD. We're just going to pass that one because we've got other charts that have topping signals such as the 65-minute. It has a roadsman to indicator top. This says that targets are 148.55. Let me see if that's correct. 148.33. Andrew, that wasn't correct. And 147.49. Now the key level here, Nancy, for this timeframe, 65 minutes is 147.49. If price were to close below that, that would signal move to 143.16. The 30-minute has a roadsman to indicator top. Price right now is trading just below the bottom of that profile. That would suggest two closes below that and move to 144.17. In the 15-minute chart, it suggests to move back to 145.78. So with regard to Apple, the daily timeframe where really it's intraday charts out here are the ones that are suggesting a further pullback that should put some additional pressure, Nancy, inside the NDX100. So I hope that that helps you out. David H writes in, and he wants to take a look at CNI. So let me get this fired up on the screen out here. And of course, Nancy was asking, where was Apple going to? So right now, based on the intraday charts, Nancy, it looks like retracement is in order out here. So that's why we just really kind of focused on that versus some upside potential. Okay, let's take a look at the CNI. So this says, can you give me your analysis on trading ranges for CNI? You're in a small position to stock, get a long-term gain considering the gap up today. Where's a good place for a stop for your recent gains? How concerned should you be about the stock filling the gap that was created today? Well, let's just take a look at CNI. If we look at the monthly timeframe, that's in full out bullish mode. I don't see a topping signal. So long-term, that looks good. The weekly is suggesting the same thing out here. The daily, the gap to the upside, what has this for? And well, this is going to become bar number six of a TD9 count. So that bar is not going to scare you with regard to that signal. It has triggered a Rosemont Dementicator signal. But what you need is a bearish reversal candle. So David, the answer to your gap question, if we get some type of Rosemont Dementicator top, like this formed at the bottom, Rosemont Dementicator bottom, it has not formed that yet, then that would say, okay, the gap likely gets filled, price pulls back, I would say to 124.35. That's the center of its bearish structured daily profile. That price is gapped up above today, which is a bullish outcome. So it looks like it still wants to head higher out there. You're saying, where do you put your stop? You know, I would get concerned if you saw a close below the oscillator and change line. I don't know where that will be days from now. But so I'd be watching that 124.35 level. Price close below that could suggest move back to 114. That's a daily timeframe. Let's just take a quick peek here at some of the intraday timeframe charts. See if there's any signals out here. The 195-minute is a very bullish signal. It also has triggered a Rosemont Dementicator top. The price is trading above a prior TD-9 count top. Yesterday was another TD-9 count. It's negated that. That tells you about strong momentum move. I don't see anything out here to suggest any real concern with regard to CNI on those intraday timeframes, at least not just yet. So David, with regard to where do you put your stop, you know, what you can do is I'm not going to show the screen to you, but one of the tools might be to take the average true range over the last 10 trading sessions. That's $2.92. Multiply that times a Fibonacci expansion level 1.272 or 1.618 and make your stop that below wherever today's close would be. So that would be a way or an approach to consider. So best of luck to you on CNI as we speak right now. Things look pretty good. The next thing that we're going to take a look at our next instrument I should say is fuel cell. F-C-E-L is the ticker symbol. And this is for Mike in New Hampshire. And Mike writes in and says fuel cell energy is looking bullish on the daily and weekly charts. Do your tools agree? Looking to go long on future retracement. So that's Mike in New Hampshire. So you said on the daily and weekly charts. So on the daily chart or the weekly chart, let's start with the weekly. On the weekly chart, I have a TD9 count. I don't really have a TD9 count. So you say it looks bullish. I would say that price is trading above the top of its weekly profile and price should go target its TD9 breakdown level of 1027. So you're at 813, 1027. Yeah, I would agree then, okay, that would be a bullish outcome. Price is trading above the top of its bearish structure daily profile. It did that two days ago, but it's created or it's trying to create a three river evening star that will go ahead and confirm a cell, the D point. So let's take a look at this. Oops, sorry about that. Well, you don't see it on my other screen out here. Just trying to draw a line. What did I do? Here we go. So here's the, here's the A to B point. And for our purposes right now, I'm just going to move this line over to the C to D level. And so we can see it's a chain, it's attained more than the one to one area. If we get that bearish reversal candle out here, then Mike, what this is telling you, okay, you may be able to get your entry point. Your entry point here on the daily timeframe would be somewhere between 748 and 710. 710 would be the more ideal level. That is the center of its bearish structure daily profile. That price really moved above a couple of days ago with a real sign of strength, at least a sign of strength from a wide-ranging bar perspective. TD9 count top on the 195-minute chart. Price is testing support right now. So you want to see price close below 790. Mike, this suggests that you can get down to that 710-ish area. Looking for other signals. The 30-minute has roads meant to indicate top, but it's going to be forming bar number nine as we speak. So in another four minutes, bar number nine of a TD9 count should form in fuel cell. The same thing goes for the 15-minute timeframe chart. So you could see a bottom form between 130 and two with regard to fuel cell. So maybe it's not going to form that evening star candle. I think you just got to wait for this to play out, but you do have that potential top. That's all the D point, Mike. So be patient, and let's see if fuel cell does find a short-term bottom in the next buy-about two o'clock, I would say would be the timeframe. Steve Rhodes with TFNN. Would love to hear from you folks. We get back to this break. Michael P is taking a look at oil. I believe it is. Yep, you're in oil. Looking to add to it on any kind of drawdown. Steve Rhodes with TFNN. We'll go take a look at those terms in just a few. Are you having fun trading the markets, but having trouble finding like-minded individuals to discuss your trading and investment ideas with? 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This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. So we're taking a light sweet crude here for Mike. His first question is, he's already in, he's already long oil and he's thinking of adding here. So as we take a look at these charts out here, Mike, I'm going to caution you against adding to that position right now while prices are trading at $82.97. The reason is you'll see a TD9 account, I'm going to expand out the, well, I'm just going to try to see if this, okay, great, because I was having some trouble, some issues with the system. Here, Mike, I want you to see this formed a TD9 account two days ago. So that high, which is $83.18, is really going to be your key threshold level. If price closes above that, then I get the idea of adding to the position. But you have a topping signal. Yeah, price pulled back this morning, but if we take a look at that oscillator and chain, this is bullish, certainly. So really the signal here is neutral, neutral to bullish. It turns to bullish with a close above $83.18. So I'm not going to tell you to buy into resistance. A close above resistance would be a different story. The close above resistance would suggest to move to $86.51 or $91.41. So that's what the daily timeframe chart is signaling to us. Let's take a look at the other charts. On a weekly basis, Mike, you're in bar number eight of a TD9 account. So that could signal to us that there's a top that could form between this week and the next two, just to again suggest caution. So while we have that signal out here and still a TD9 on the daily timeframe, Stevie says, no, no, no, no, no. Don't add, not just yet. Let the market prove itself to you. Intraday charts have some topping signals. Nothing that has led to anything significant. When price did pull back this morning, it was to the breakout level of 8108, which was the TD9 breakout level for the 240. 8137 was the TD9 breakout level for the 120 minute timeframe chart. So support is held. But what we don't know is whether or not resistance is going to fail. So that's your question. My response is from a charting's perspective, I would not have you buy into resistance. Not asking you to sell your positions out here, but I would not have you add into resistance. So I hope that that helps you out or at least my explanation. Your next question was about being along the Russell 2000. So let's just go take a look at its equity future charts out here. With regard to the charts that are breaking out though with regard to indices, Mike, it's not the Russell. It would be the Dow, which we kind of covered during that first move out here. That's where we see the flight of capital coming into the market. And so that's what I would be looking at versus the Russell 2000. But let's answer your question with regard to Russell. And Russell's just in a big old sideways consolidation. Mike, you can see that just by looking at the monthly chart of the upper left. You can look at that by the weekly chart that's right next to it on a daily timeframe. I don't really have much here. Price needs to overcome the resistance of its shooting star candle from a few days back. That's up at the high of 220, 229810. Looks like we've got a, I don't know what we have here. Let me update this quickly. I have to do it this way, 2294, 22912. So you've got a TD9 count top in the 30-minute chart. Price is testing support. Watch 2282.40. That's support. The price goes below that. You're looking at 2264.90. The 60-minute chart has a road momentum or is a trying to form a road momentum indicator topping pattern. We won't get confirmation until 2 p.m. on that. 240 has a TD9 count top. The 120 probably does as well. No, it does not. The five-hour chart has a TD9 count top as well. So I just suggest caution inside the Russell 2000. Yeah, it's had a nice move today percentage-wise, but you have to keep that in context. And the context is really just with regard to its consolidation patterns out there. So your thoughts are that you're long the Russell because you see both gold and oil breaking out. So oil, we know we've got that potential top there. Gold has not really broken out. So let me see if I can change to the gold charts out here. Kind of get killed two birds with one stone. So you're the gold charts. And in the case of gold, what it's doing, it's just trading with inside its weekly profile. So no breakout there for sure. The daily, it's trading by the top of its profile, daily profile, but still not a breakout. It's got resistance level at that evening star. That was the sell, the D point out here. And that's the level that really needs to get cleared. And that's out in 1801-90 out here. So and maybe that's not what you were intending to say. So my apology, you know, when you get these emails, I'm trying to multi-task. And maybe you're not saying that gold is breaking out because it certainly isn't breaking out just yet. Has it formed bottoms? Absolutely. A weekly bottom, a daily bottom out here. So gold does look pretty good. And all the pullbacks seem to have held their support levels, their teeny nine breakout support levels out here. Well, it was just really one of them. That was one from yesterday. Oh, and what did Stevie do? Deleted that chart. Okay, that just got to rebuild it when I'm done with the show. So that takes care of the questions, the ones that we had in. Oh, we've got another one here from Hector and the fuel injector. So Hector wants to take a look at NVIDIA. I believe I mentioned at the beginning of the show that NVIDIA was looks like it's forming a topping pattern out here. So let me get over to my top and bottom charts are multi-time frame NVIDIA. And then we'll go ahead and read Hector's question. So Hector's question goes like this. On August 19th, NVIDIA had a huge breakout had huge breakout volume to the upside. And these charts are not going to show that. So my apology, I'm going to go back to my other charts and just try to follow along with you. So let me get NVIDIA. I'm not going to change the screens out here, but you're saying on August the 19th, I get back to August 19th. Yeah, there was some big volume to the upside. I think the real breakout was probably the following day because it had wide price spread. There was kind of decent wide price spread, but from the body to candle standpoint, but either way, doesn't really matter. So yeah, it's got that. You've got that. On 10-4, NVIDIA pulled back down into heavy volume with a 50% lighter volume. Okay. Is NVIDIA running out of gas or taking a breather before run? Okay, so let's just try to answer that question. So with regard to NVIDIA, we really won't know till the end of the day, Hector. But NVIDIA is forming a guard, is forming a, at least they sell the D point, maybe even a Gertley, a Gertley sell point potentially. So here's the A to B point out there, the A to B. Now what I'm going to do is just take that and put that towards the C leg out here. And I'm not talking about C legs. I'm talking about, you know, the letter C. And you can see that it's attained more than the one to one level. What we have going on right now is a key reversal candle. So that no matter what, as long as NVIDIA closes one tick below its open, that would give you a bearish reversal candle. But you also had, because it was a doji yesterday, Hector, you have a bearish and golfing candle. Now, what that would suggest, if that forms, is that price will pull back in test 216.25. So before we say things are going to break out and move higher right now, the daily timeframe chart is signaling there may be a timeout. And if price closes below the oscillator and change line, then where NVIDIA would pull back to would be 206.77 or should pull back to it. That's the center of the bearish structured profile out there. So your specific question is just getting ready to run out of gas. If this were 4 p.m., our answer would be it's getting, it needs to refuel. All right. And in order to refuel, it's got to get to a gas station. And that gas station right now, Hector, exists at 216.25. And if it tries to get back to 216.25 and it doesn't hold, the gas station is out of business, you know, obviously due to supply issues. And therefore it says, well, you're going to be able to get gas or NVIDIA cheaper and you can get it at about the 206.77 level. So we've got to let the day play out here as I take a look at NVIDIA and its interday timeframe signals, the 195 minute has a TD9 count top, the 65 road's meant to be indicated top, as does the 30, as does the 15 minute chart out here. I don't see any bottoming signals just yet on those timeframe. So it looks like price is headed back, well, at least the 217.77 Hector. Thanks much for writing in and hope that helps you out. Steve Rhodes with TFN will be right back. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value, or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. 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The Prospectus or Summary Prospectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. I really thank you because your system really makes sense to me. I tried a lot of systems, but yours just clicked with me. It's really helped me. I really appreciate all the help. Thank you for the kind compliments. I mean, that's what we're here for. That's what each of us really strives to do is to help everybody. We're all in the same team out here. So it is us against them. So thank you very much for that and for subscribing. So on Renewable Energy, tell me what you're doing here so I can try to help you out. Well, one of the things I've been trying to get better at, so right now I have been tracking my trades and I'm at about 46% success rate. And one of the things I've noticed is that sometimes I put my stops too close and I've had to, in order to not make it a come a losing trade. And I've had some winners that have really turned into quite big trades, but I got out of them early. So I'm trying to learn from my lesson and try not to get out too early. So in this stock here, I bought this at 48.75 and I have a stop in right now at 51.50. But I'm just wondering where you would place your stop on this. So as we take a look at this screen here, first we want to try to understand where is something trading in relation to support or resistance. And on the daily time frame, price is trading above resistance. That's at 53.97. So one level to consider for your stop. So there's going to be a couple of different ways you could look at it. One is to use, just as I mentioned in the last segment, you can take the average true range, which it shows here at the bottom of my chart on the daily timeframe left hand side. And that's currently $2.21. So you can take 2.21. I would multiply that times 1.618. I don't know what that comes to. I'm just going to say 4 bucks right now. And your stop would be $4 below today's close. If it were about $4, it's kind of similar to where your stop is at right now. So that would be one way to do it. And the thought process there, Jim, is that the reason why we use an expansion, we say, okay, the last 10 days, the average movement is 2.21. If it's going to do a movement that's an expansion of that level, there may be something else going on. And that's a reason to have your stop there. Another place to look at would be logical support levels. And on a daily timeframe for REGI, that would be somewhere below $50.55. Now, the reason we use that $50.55, this is a bullish structure daily profile. So price ought to find support on any retracement in the $50.55 to $51.92 level. So I wouldn't put it at $50.54 as an example. You know, I'd have it somewhere below that level because if there was a close below that level, not an interday move below it, but a close below that level, then that would tell us that there's something else that's going on. So any questions about that so far? No, that sounds good. Okay. So that's the daily timeframe chart. The weekly timeframe chart because we like to have an understanding of what are the messages coming here. And we'll take a look at the weekly and the monthly. The monthly chart shows us that price found support at $45.54. And that's a very right-hand panel. And that's the bottom of its profile as well. So that becomes another level for you to take a look at, although I think that would be below your entry area. And that would violate letting a winner turn into a loser. So I wouldn't recommend that, but just simply trying to, what you want to do here is objectively understand where support and resistance. And since I don't create these support and resistance lines here, these task market profiles, I consider that to be very objective. We get to see how they actually work out here. On a weekly basis, what you would like to see is you would like to see REGI close above $54.33. You're at $54.39 right now. Now, if it closes above this on Friday, and then closes above it again next week, that would be a very bullish sign. And that would then suggest to move to $63.40. Where $63.40 comes in, Jim, it comes now back to the monthly timeframe, and that's the center of its monthly profile. So any questions about that so far? No, no, that makes sense. Okay. Have I, have I so far answered your question about the stop, though, as far as where it happens? Yeah, I have. I don't, on my system, I don't have task market profiles. So it's why it's good to know. Absolutely. That's why you just, you know, send me an email. I'll send you a chart with them or what have you, you know, on the instrument set you're taking a look at for that. So now I've switched over to my eight panel chart out here. And on the eight panel chart, we just start with the monthly. We can see this formed ATD nine count top. It was bar number eight. It was also rogment to indicator top. When you form a top, it should really take price back to support. If support holds, then there's nothing broken here was just a normal move back to support. And that's really the message from the monthly timeframe. We sort of covered that by take a look at how price came back to that profile. So from a long term standpoint, this has done what it was supposed to do. A close below 4554 would say 2259 is where you could pick it up. I don't have much information on the weekly timeframe chart. So we'll just simply bypass that. We go take a look at the daily, this bottom with a TD nine count pattern as well as a rogment to indicator signal. So you like that price right now has a TD nine count top. I'm going to expand out the daily of the daily timeframe chart. So bar number nine to the bar after bar number nine, this case here, it's the bar after nine. That's the high of the TD nine count and that high was at 5589 and only a close above that would negate that signal and say price is getting ready to move to the upside. Now to the upside here would be 5796. I am not at all suggesting that you sell. So I want to make sure even though you've got a topping pattern out here, what price is also done is pulled back and tested support. In this case here, the oscillator and change line change colors shortly after that TD nine count top in two days ago was a bullish test and rejection of that line. So now because we have a TD nine count top and support that is held, a renewable energy group is really in kind of a neutral position. Does that make sense? Yes. Okay. So I wouldn't sell it here, but it does say if price closed below 52.85 or thereabouts, then that's going to say, okay, we're probably headed to the 51.92 to 50.55 level. Again, that bullish structured area of the daily profile. So back to the stop. There's nothing wrong with taking your average true range multiply that times 1.618 and adjusting that to something below to that today's close less that amount. And that's where a place where you could put the stop as well. And that's going to be below that green oscillator and change on in the daily timeframe. As I just take a look at the other charts out here, the intraday signals, I see a couple of topping patterns, but no levels of support that have really broken out here to worry about. So any other information that I can provide to you on our EGI? No, no, that that sounds good. I use the TD9 counts and the oscillator on change line and that that's really helped. Perfect. You know, my training. So I appreciate the advice and and all the advice that you give of, you know, every day. Well, thank you. And thanks for being a shining beacon of light in Stevie's day today. So best of luck to you and please reach out to me on my email if you need any of these levels. All right. Okay, thank you. You bet. Steve Rhodes with TFN, we'll be back in just a few. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority in technical market analysis. And it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN 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. 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Your investment can be anywhere from $100,000 to $500,000. Do you want to make $1,000 per year on $100,000 invested or $7,000 per year on a secured Tiger First Mortgage? The Tiger First Mortgage Program may be just the program for you. The Tiger First Mortgage Program pays 7% per year, paid monthly. For more information, you can call 877-518-9190. That's 877-518-9190. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com. Then hit Watch Tiger TV. Welcome back, folks. Our next question by email coming in. This is coming in from Susanna. And Susanna wants to take a look at Marathon Oil Group, I believe. So let's go take a look at this. MARA is the ticker symbol out here, or Marathon Digital Holdings is the ticker symbol. Mara is the company. Would you please do your analysis for Mara? I'm debating if it is a sell or add. You're wrong. So what we can see here is this has attained its one-to-one price projection level. It's doing that today. That's at the $54.91 level out here. That doesn't mean that you sell. The retracement was about a 60% retracement priced along the inside of the C to D leg out. Oh, she doesn't have this screen. What screen is showing? Hold on. Sorry about that. Thanks, Bill. There we go. So there's the chart for Marathon Digital Holdings. You can see the A to B equal CD pattern, very clear. But Susanna, I want you to also notice that to move along the C to D leg much stronger than the A to B leg, it's on the left side, the strong side. And this is suggesting to move up to at least the 1.272 area. And that's at $61.54. Now, if a bearish reversal candle forms, and today's candle is not a bearish reversal candle, at least not yet, then that would be a different message. But that's not the message as we speak. Now, price is running into resistance. Prior highs out here, if we take a look at the monthly timeframe chart, you can see this is mostly an area of resistance. So I would not suggest that you add at a resistance level or potential resistance level, even though I'm suggesting to you that price is likely to add higher. It's just simply out of an abundance of caution. You're already long. So I don't see a reason you were asking, should you sell? So I wanted to answer that question that at this stage here, I don't see the reason to sell, but we'll switch over to my eight background panel charts and see what they have to say. There's any additional information. In other words, is there some kind of short-term change in trend signal out here? Well, the shortest term timeframe that you and I would use, Susanna would be 15 minutes. This formed a TD9 count top. Price pulls back and tests and rejects that breakout level 52-88. Is that the end of the show? We're out of time. We need more time, folks. Sorry about that. Hey, have a wonderful Wednesday and we'll do this again tomorrow on Terrific Thursday. Have a great day, folks.