 presentation of TFNN. The Trader's Edge with Steve Rhodes, toll free at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good afternoon folks, welcome to the August 27th. The Fantastic. And I do mean fantastic Friday edition of today's Trader's Zen 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. Hey, let's make sure we have an extraordinary one and the easiest way to do that is 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 circumstance 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 passed one o'clock in the afternoon. 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 60 minutes, I'm here to serve you. So feel free to pick up that phone. You can dial on in at 877-927-6648. If you can't dial in, we've got you covered there too. Go ahead and send me an email. Send it to Steve at tfnn.com. Inside the subject, hitting please put radio show question, of course, in our Tigers Den. Any 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, you get all the U.S. Syngesies trading higher, the Dow up by 255, the S&P by 41, the Nasdaq 100-149, the Russell is up 60 points out there. That's a big move there. Summai's up 58, Trinity's up 179, and we are going to start off with a treat, and that treat is John in Philly. Let's go out to John in Philly. John, thanks for calling. Thanks for holding. How are you today? Steve, I'm excellent today. And once again, you sound 100% again today. Hope that's actually the state of your existence entirely. I tested positive yesterday for this darn COVID, although my doctor says you don't have it. But, you know, the tests come out and say I'm positive. So, but hey, I'm feeling good. And I know you want to talk about the ESMini, and specifically, I believe it is the two-hour time frame chart that you would like to discuss. So tell us what you are looking at specifically and how I can best help you. Wanted to ask you a very specific question about that E-mini on the two-hour chart just as you kick off your thorough review of the indices. And specifically, Steve, I just observed since the low on Thursday the 19th, the E-mini S&P has rallied, and that two-hour chart, and that's a chart that I do pay attention to. Yes. That's in making new highs this morning between 10 and noon, and we're at the highs of the day, 45 or 6 area now. That is in a Chapman wave leg G on that chart. Yes. And long ago, it was a student of Basil Chapmans. He went by the call sign of Saratoga Bob in the Tiger's Den. Yes. He came up with a trading tool that he used very successfully and taught me, and that was using, as he called it, the Chapman wave peak G cell signal. So I make that observation, and I wanted to just ask if you would indicator and your task profiles and other factors that would shed any lights, whether or not the odds as you see it suggest an imminent turn on the very short term. So that's the question I share with you, and I'd like to just leave that to you and listen off air. No problem. Hey, John, thanks so much for calling. Have a great weekend, and good luck on Sunday out there. So let's take a look at the two-hour timeframe chart. That's what's up on our screen, folks, and so you can see that John had identified wave number seven. That's letter G. You're going to see I have both letter C and letter G. Part of the Chapman wave is really doing multiple counts at certain points in time. Now, that letter G will carry over to the current bar as soon as we get towards the close of that current bar. That's not going to be till, I believe, 2 p.m. on my charts out here. That is also going to be, John, bar number eight of a TD nine count, and we know that it could be bars eight, nine, or the bar following nine that would be identifying a top. So how I would put this together, because you were asking, is there anything that shows that there may be an imminent turn using the two-hour timeframe chart? So we'll go with Saratoga Bob's observation of wave number seven. Of course, we don't get that confirmed seventh wave count until we see a lower high on the following bar. So we're not likely to get that type of a confirmation until the end of the trading session out there, and that would be the same thing with regard to the TD nine count. So, John, it may be that coming into today's close is where on the two-hour charts, you've got everything set up for potentially Sunday evening versus today. How I would look at this is say, okay, the two-hour timeframe chart shows a signal, potential signal. How about a lower timeframe chart? Oh, by the way, the road's momentum indicator, nothing is present there. So the only two topping signals, John, you have our wave seven and the TD nine count pattern. If we just simply go to the 30-minute chart out here, what we're going to see is I too have either waves number five or wave number seven. I would have to say on the five, on the 30-minute chart, it's more likely wave number five than seven. But where we're at here is bar number eight as well. So we know that at 130, you'll have a TD nine count top. That says a short-term top should form between 130 and 230. That'd be bar number eight, nine and 10. Yeah, 130 and three. Sorry about that. So until you would get a confirmed topping signal in the 30-minute, and I think this is really your overriding chart to be able to make whatever decisions it is, at this stage here, I'd be looking for the confirmation on this timeframe for a confirmation of what you're anticipating on the two-hour timeframe chart. So I hope that element helps you out. As I take a look around here at the other timeframes, I don't have any other topping signals or potential topping signals, just the 30 and the 120. The weekly timeframe, this is going to be the bar following week number nine. So the cool part about this pattern here, folks, is my belief at this stage here is that, well, we're in pretty volatile markets out here. We're seeing one-day rates have changed above plus 10%, below 10%, fairly often here. But the cool thing about this week and then next week inside the ES mini, if the markets are going to move higher into October, which is not an easy task, September is the, of all of the months of the year, the odds of September finishing higher than the prior month, that would be August, see how smart I am. The percentage is well below 50%. I think it's down between the 30 and 40% chance range. Nonetheless, if we see a close next week above this week's high, that's a strong momentum move and that, hey, screw Stevie's historical data, the markets are likely to move higher into August. So on the monthly basis out there, no topping signal whatsoever. The daily has taken out its roads momentum indicator top from yesterday. So it is still bullish out there. Short-term top absolutely could form between 130 and 3 this afternoon. That doesn't really give you a whole lot of time to take a short position going into the weekend. Steve Rhodes with TFN. We'll be back in just a few minutes. 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 TFNM, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit TFNM.com and try Mastering Probability 30 days risk-free today. TFNM, educating investors. 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 code 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 TFNM.com. Sign up today. 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 TFNM.com or on TFNM's YouTube channel and become the investor you were born to be, TFNM, educating investors. Welcome back, folks. Let's go to our first question. Quite frankly, it is our only question in the queue. John, thanks for the call earlier. And that is from Pete G. John was talking about Wave number seven. That is a letter G on my charts out there. And so this question here goes to Pete G. You've got to love how all that works. And he wants to take a look at the Matador Resource Company, which right now is trading out at $29.08. And it is above the top of its daily profile peak. So that's a positive. It's inside its bearish weekly profile, but above the center. So the next upside target here, till we go look at our other charts, is going to be $31.14. The question is, did this complete a bottom? Was there some type of bottom signal out here back about last week or the week before the trading day? It looks like maybe August 20th or so. So let's go ahead and answer that question for the Pete G out here. What we're going to do here is I've got it set up so that we can look at our eight panel, our multi-time frame charts here for the Matador. So if you begin by taking a look at the monthly time frame chart, one of the things that Pete noticed was that this formed way, not bar number, ITD-9 count top. So that's in play. We can also see that the oscillator and change line has changed colors. So over time, Pete, price and that line are going to catch up to each other. That could just simply be the line moving higher out there, but that's still an open element to be concerned with. If we take a look at the weekly chart, that was Pete G. That's the top that was out there. It was also bar number nine. It was also road momentum indicator out there. Price is, as we discussed, it's trading within its weekly profile. So it's just really in a consolidation. But any moves lower out here, 2373 would be where you'd be looking at for support. The daily says, we're not getting back there just yet. On the daily timeframe, there's your bottom. You can see it as bar number eight of a TD-9 count. And now price is headed to 2944. If you're not in this peak, don't get in it right now because you're at 2909 in price and 2944 is the resistance level. If in fact, price closes above 2944, that tells us about a change in trend on the daily timeframe and the price you'd head higher. Head higher to where? Well, I would say the next level of resistance, just go to the 195-minute chart. That's two bars during the day that gets us in. Now, I can't drink at more than two bars during the day. You want to know the worst thing about COVID? I mean, there's many bad things about it. But as far as how it's impacted Stevie here, so I still have no taste. Of course, many of you out there say, well, wait a minute. That's not a COVID issue. You never had any taste to begin with. So, okay, I got that. Now I'm referring to the actual taste taste. So a couple of nights ago, I decided, okay, I'm going to have some sake. I don't drink much, but I do drink sake for sure. And you know what sake tastes like when you have basically no taste? It tastes like rubbing alcohol because you do not have any flavor whatsoever. And just drinking a soda. It tastes like club soda out there. So it's tough to drink any alcohol. How did I get there? I don't even know how I got there. But we were taking a look at the Matador out here. And so, Pete, you've got a nice bottom that is in play out here. 29-44 is going to be your next resistance level you have as the I have no class, for sure. And I'd say 31-97 is its next price target. The 30-minute chart does show a TD9 count and wave number C pattern is out there. So that says there could be a short-term top that is forming by 130. But if the high, and so far the high out here is 29-14, if after 130, you see price trading above that and the closes above that, then in fact, this is telling you about a strong moment to move the upside but still 29-44 is your resistance level. So hope that helps you out and take a look at Matador resources out there. And believe it or not, folks, that is it for the questions that we've got. I've got nothing. Well, wait a minute here. Would you get some? Oh, I take that back. We've got one from Purdy. And Purdy wants to take a look at. So some politics now is standing. Is there more meat on the bone of Pfizer, PFE, to go long? So let's go take a look at Pfizer, PFE out here, see where it's trading, the relationship to market profiles, and really anything else. Well, let me actually get this going on my multi-time frame chart. Let's see how quickly can this pick up out here. That's not too bad. I shut down a number of things just so we could actually today on Fantastic Friday, take a look at our eight-panel charts out here. So here's what we know, Purdy. And that is, price right now is trading below the bottom of its daily profile. That's after forming a TD-9 top. So you're taking a look at this to the upside. And right now, the daily chart is saying you should be looking at this to the downside. And to the downside is the 44.63 level. Now, today will become bar number six, or should become bar number six of a TD-9 count. That says if Pfizer's going to make a bottom, which you would ideally like to see that occur, that should take place between Tuesday and Thursday of next week. And it should occur above 44.63. So the daily chart is saying, hey, you're too early to even consider a long trade because price is trading below support. And you've got this pattern that might set up next week. The weekly chart doesn't have much of a pattern. Well, I take that back. It's going to confirm a sell to D point because you've got to bearish it. And you can see the A to B equals CD. You can visually see that, I would think. And I can always take you over to my other charts and show you that. But I think most of you, you can see that out there. And that says price should target 44.22. We got 44. And that's the oscillator and change line. We've got 44.63 on the daily. 195 minute chart. Road's mid to mid indicator bottom. Looks like the second bar below the bottom of its bullish structured profile. So no, Ruby, everything that we are looking at both you and I says no, do not take the Pfizer jab now. Wait for it to get down to about the 44.63 level and look for that bar number nine or TD nine count bottom. And I hope that helps you out. Thanks so much for writing in. Now we don't have no other. Now we have no other questions inside the Tiger's Den. Nothing here by email on a fantastic Friday. It is the getting towards the end of the summer. So many people may be on vacation out there. So let's go take a look at the general markets out here and see what it is that we see. Well, the first thing we see in looking at the equity future contract is prices above the top of resistance. That's the top of the daily profile for the ES mini that also is negating that roads mid to mid indicator signal that formed yesterday. This suggests that the ES mini. Oh, I don't have the chart up. That's a problem. I guess I should change over to those charts. That'll make it easier. And here we go. That it makes it should make it easier for you. S N P. If you sent a question, I'm not sure why it's not popping up on my on my email. But if you re forward that to me, it should pop up on my email and I'll get right to it for you. So please do that. I don't know how I would didn't get through. But emails kind of a mystery at times. Here we've got the ES mini. So let's go back to just simply the general markets. You're up above resistance. It's got an A to B equal CD price target 4600. The N Q has already hit the A to B equal CD price target. Do not go short the N Q. This is a wide ranging bar coming into the D point. Larry would kill you. I won't kill you, but he would kill you if you sold a wide ranging bar coming into the D point because he'd say don't do it. Now the next price target to the upside inside the N Q is going to be about the 15,500 level. That's equal to the consolidation breakout out there. So that looks like it still wants to continue to move higher and it may get above the 15 500 level. It's next A to B equal CD price target area is 15 635. But I don't want to freak you out out there. You were already freaked out when we were talking about, hey, the N Q is going to get the 15,438 to 15,500. It didn't take that long, did it? It took just a matter of about four or five days. That was it. The Dow above the top of its alien weekly profile, the Russell 2000 had it all the way up to 23, 22. We might talk about the strong move off the bottom. It's in the Russell 2000. Are you having fun trading the markets, but having trouble finding like minded individuals to discuss your trading and investment ideas with become an apex predator in the trading markets and join the Tiger's Den trading room only at tfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. 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One is to take a look at the U.S. Dollar Index. And as we take a look at it, what we can see is that price right now is just consolidating with inside its daily profile. The top of that profile is 93.62, and the bottom is at 92.59. The low so far today, 92.63. So we just have a consolidation. Now, if price is able to close below 92.59, we should see price make its way back towards the 92-ish area. That's got a nice little rising trend line. So that's what we know about the daily time frame. As we look at the weekly, last week was a breakout. It has now turned a false breakout. Price had closed above the top of its weekly profile, and it's back inside that level. So what is it? Why is it that the U.S. Dollar Index stopped where it did last week and turned down? The answer to that question, relatively simple. All we have to do is go look at the monthly time frame. And on the monthly time frame, that is a lower right. You'll notice that price has been trading below the bottom of its bullish structured monthly profile. When price trades below a bullish structured profile, and there is a move higher, a countertrend move will find resistance at the center of that bullish structured profile. And that is exactly what has happened during the month of August. So in the case of the U.S. Dollar, and I believe the monthly chart has some type of topping pattern, although I can't go to it right now. So I'm just going to have to, whether it does or it doesn't right now, it doesn't matter. So the levels to be watching now to the downside are going to be $92.59. We may just have a consolidation with inside the profile. If somebody is telling you that the dollar croaked because of the way that it's trading today, well, those are people that don't trade with the competitive advantage like you do. You and I trade with the competitive advantage. Why wouldn't we? And that means we use these market profiles and realize that is a bullish structured daily profile on the daily time frame. So that really makes that $92.98 level more important day. I don't really see anything else that I can add to the overall view of what's going on inside the U.S. Dollar index out here. So hopefully that helps you out. And I apologize. I don't recall who it was that had asked for that. The next request was to take a look at quantum escape. So let me do this here and do a couple of things. I want to see if I can get back to those other charts of mine. And I know I can get back there. And let me type in a QS here while we just reviewed what's going on from a profile standpoint. So from a market profile standpoint, Quantum Escape Corp is trading above. This will be day number three above the top of its daily profile, which was $2102. It's not like it's a gigantic amount above it. It's trading at $2163 right now. But nonetheless, that tells us about a potential change in trend, especially if we see on the daily basis some kind of bottoming signal. So now where would price go to? Well, here using our market profiles, our only next price target is the bottom of the weekly at $3986. So we'll just kind of leave it like that. And let's go switch back to my other set of screens out here. See if I can do this relatively quickly. And here are your eight panel charts for QS. A monthly is not giving us any information. The weekly says you're in bar number. You're going to create bar number nine. You're going to create a TD9 count this week, with last week's low being the low. The daily's got a rogement and indicator bottom out here. And with price above the top of its daily profile, boy, that says this thing could run or should run to the $2983 level. Now, before it gets there, there was wave number seven. That's courtesy of Peak G and Saratoga Bob out there. And bringing that to John and the Tigers done bringing that to our attention. So this suggests that Quantum Scape should make a move to $2437. No topping pattern on the $130. No topping signal on the $65. The 30-minute chart shows a rogement, a indicator top, and just a sideways move. So Quantum Scape here is trading above support though, the top of its barra structure daily profile. If Quantum Scape pulls back further on a 30-minute chart, it should find support at $2145. And you've got a TD9 count bottom forming on the 15-minute chart. So again, I don't recall who had asked about Quantum Scape. But I hope that that helps you out. There was a question to take a look at. MSGE. Let me MSGE. No idea what that is off the top of my head. I know that's not Madison Square Gardens. MSGE, at least I don't believe it is. I think it was just MS. It is Madison Square Garden. I always thought it was just MSG. When did they add the E? Or am I just losing my mind? Now, that's an absolute possibility out there. But I always thought it was just MSG. Maybe they didn't like that MSG because, you know, I used to own a Chinese restaurant. Did you guys know that? Absolutely. It was I started one of the first, just carry out, just delivery. It was really a delivery. It was a take off on Domino's pizza out there. But you know how they say no MSG? I always thought when restaurants said no MSG, especially Chinese restaurants, I was like, hey, okay, it makes sense. MSG comes in these huge barrels. I mean the barrels stand up four feet tall. And most Chinese restaurants use MSG folks in any event. Madison Square Gardens, what do you got out here? Hey, way above the top of its daily profile at 64 and a quarter. Profile wise, the next target would be 9028. So and we're looking at the daily time frame charts out here. So let's let's step back for a moment. What do we know about Madison Square Gardens on the basis forms a nice TD nine count bottom prices above its oscillator and change line. Its price target is 9050. We have a roadsman to indicator bottom on the daily time frame. Its price target is 8321. You've got a TD nine count pad. No, you don't have a TD nine count pattern on the 195 minute chart. You don't have what you do on 130. But if price can close above the level is 7835. That tells you about a strong momentum move to the upside. So Madison Square Gardens looks Moyno. Let's go out to John in New York. John, thanks for calling. Thanks for holding. How are you? Good. I'm glad to hear you're doing better, Steve. Thank you. Thank you very much. I appreciate that. And Fidelity Covington, I believe FEN. Why is that what you would like to discuss? Yes, I sold all my today. It was very strong. So I sold all my holdings. And I'd like to know what price would you go back in? Because crude and natural gas are bullish now, right? Natural gas is gigantically bullish. Crude oil is up against some resistance levels. I don't it looks like it's going to try to clear it today. But if you're asking about natural gas, yes, it's absolutely on fire. As far as where would you say you're really micro managing this one here? I mean, you had a nice bottom and prices above on a daily basis, the top of its profile. This is really suggesting that this wants to make a move to 1393 to 1467. Now the next stop up here, the next resistance level is 1361. And that's coming to us after a TD9 count pattern on the 195 minute chart. And that becomes your TD9 breakdown resistance, 1361. So what you're looking for, John, is you're looking for that to hold as resistance and then price to pull back. As far as pullback areas, 1337 to 1310 to 1298, those would be the areas right now based upon the signals. Those numbers are going to change just a bit, but that would give you a fairly decent idea. But more likely than not, short of those levels holding its resistance because they don't have any topping signals at the moment, price is more likely to make a run for 1414 before it really begins to pull back. But you've got to leave the third. So you've sold it. Hey, congrats. You probably made some nice bread on it. So no problem there. But it looks to me like this still wants to continue to move higher. And the best entry point would be to find some nice type of topping and some nice type of 30 minutes bottom out there. Does that help you, John? Yes. And can I make some comments about the internet? No, you can't. We just we don't want to send me an email. Steve Rhodes with TFN and we'll 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. 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So unless we've got a topping signal on a daily basis, that looks good. The weekly chart right now is trading above the top of its weekly profile. That formed this week. 280.72 was the top and prices above it. It's a barestructured profile. So that's good. Now, what I would do here from a target standpoint on a weekly basis, I would probably take a look at the February 8th. You're looking at February 10th. So we're looking about the same thing. There's your 327.41. So the volume of that swing point, which price is trading into right now, the volume had 14 million shares. You're already in it with 30 million shares. So I'll answer that question as a big yes. Let's go look at Stevie's other charts out here, though, because that doesn't mean that it's going to do it today or tomorrow or the next day. And let's look at that eight panel chart. So on the eight panel chart, the daily chart is what we want to really focus on. Well, first, the weekly chart, you're going to be in bar number eight of a TD9 count. So it just says caution out there, David. The weekly chart is confirming a rogement and indicator top, but price is above the oscillator and change line. So it's really a neutral signal. Now, David, if price gets down below that OUL and it gets below, so let's say let's call it 289.70. If price gets below that, you should expect price to get back to 275 or 262 or even 246 out there. TD9 count top on the 65-minute chart, TD9 count top on the 130. The topping pattern on the 15-minute chart. I don't want to spend too much time on the 15-minute. So this looks to me more likely that what Snowflake wants to do is melt a little bit and pull back. So the areas to watch I say out here are 289.95. But yes, the weekly chart is suggesting that price will go target that level that you are looking for over time. And that was the 327.41 levels. David, thanks much for writing in and hope that helps you out and have a fantastic weekend. Inside the Tigers Den, Dan wanted to take a look at Sao, Cassava Sciences, SAVA, if I'm not mistaken out here. And Dan was mostly interested in some short term. So we've got our eight-panel charts out here. We can take a look at a number of different things. But the shortest term timeframe that I've got on this eight-panel chart is still loading out here. Dan is going to be the 15-minute chart. So we'll start with the 15-minute chart as soon as it calculates. And here you've got a erosement of indicator bottom pattern. Price is just consolidated with inside its profiles. So your range here is 5403 to 6509. No idea which side gets broken through. I'd say more likely than that. It's a 6509 out there. And if price concludes above 6509, your target is 7307. That's the 15-minute chart. Support, again, should be between 5403 and 5583. On a 30-minute timeframe chart, I have no bottoming signal, although it is in wave number four. That's letter D. And Basil likes to say something typically happens after wave number D. So I guess we're seeing that in prices inside its profile. No bottoming signal on the 65. No bottoming signal on the 130 out here. No bottoming signal on the 195. The daily timeframe. Let's open this up a bit here. So you're below the bullish structure daily profile. This is going to be day two below that. Price pulling back into the 4811 area, I need to add another breakout level. So give me a moment to do that. I'm only showing three right now. So let me do this and add a fourth one in there, four. And let's go see where that additional breakout area is, because if 4811 fails, where is it headed to next? Is there another one? I don't have another breakout level. So we'd have to use some other measures. So the question really, Dan, is, is there a confirmed A to B equal CD to the downside now in Cassava Sciences? And to make that call, you and I are going to switch over, for me to be able to easily make that call, I'm going to switch over to my black background charts out here. So give me a moment to do that. And then let's go see if we have that confirmed A to B equal CD to the downside. So it'd be great if I get my cursor back. There we go. So the swing point we're looking at was from the trading session of July 30th had 25. Oh, you have a confirmed A to B equal CD to the downside in Cassava Sciences. So let's go see where that takes us to. This is the swing point is being taken out with massive volume out here. And so the one to one gets you to 44535. And the 11.272 gets you to 2327. And you can also see that price is going to close or appears that it's going to close below the bottom of its bullish structured weekly profile. You know, when you close below the bottom of bullish structured profile, whatever the timeframe is in this case here, it's Cassava is doing it for its daily and it's weekly. There is nothing more bearish than a failed bullish pattern. And that's what you've got here. So now I just simply go back to my weekly chart out here. I'm not going to switch screens and 3605 is really going to be the next target to the downside, which is in between that A to B equal CD. So Dan and Boston, I hope that helps you out with regard to Cassava Sciences and thanks so much for the request. The next question coming in from Rich. Rich says, really get the back on your health and improving. Thank you very much. I appreciate that. Could you please look at MRNA, your long term long, but it looks like it might be breaking down. Let's go take a look at modern out here, MRNA and see what it is doing. And I'm going to get that started on my eight panel charts as well. So all it's really doing right now, Rich, until I can go to my other charts and see any kind of signals, you've just got a consolidation. You've really got two consolidations. The first one is inside the daily box and it's a bullish structured box. So your key level of support here is 358.63. So if you're long and you're long, long term, you have no reason to exit the position. If price closed below two consecutive closed below 35, 358.63, well, then you may have trouble. You've got a hammer candle that formed, and this is where you're going to really watch. You're going to watch the day of August 16, 349, even Stephen. If price were to close below that, and certainly close below that with 23 million shares, you'll be looking at a confirmed A to B equal CD to the downside. We have an expression here. If you close below the bottom of a hammer candle, if you're long, you're wrong. So you're going to really want to watch that area. I'm not saying price is going to close below that. I'm saying if price did close below that and you were long term, long, you'd have to, you'd want to hedge the position. If you don't want to take gains, you'd want to do something because it would be signaling to you lower price. You might say lower price to where, Stevo, and Stevo would say the profile say 270.75. That's without doing the A to B equal CD pattern out there. So let me pull over, or not pull over, let me just go over. Let's switch screens out here. Let's go to our eight panel screens. See what they're communicating to us on Moderna. Let's take a look at the daily timeframe. So on the daily timeframe, if we're looking for tops, what do we have? There are so many A to B equal CD patterns out there. That's what it topped with. Again, price pulled back, tested support. That's your hammer candle out there that you're looking at from August the 16th. Yeah, price is struggling. It's below that oscillator and change line, but that's resistance 420 and support is 358. I don't have a reason here to tell you to Jettison that position as really we discussed the black background charts. 327 to 50 is a support level on the 195-minute chart. That's after forming a roadsman to indicator top out here. That hasn't been busted through a 30-minute timeframe chart. What do you have? A TD nine count bottom. So here's where you're going to get a signal in Moderna as to whether or not it wants to continue head lower like the 358 level. You've got a TD nine count bottom and a price close to below that low 378.72. That tells you to expect price to head lower. 361.01 to 358.63. Rich, I hope that helps you out. Thanks much for your kind thoughts. Have a fantastic weekend. See roads with the Kippin' It. 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. 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I'm going to switch over to my Black background charts because they have something worth showing you. And that is where the real resistance level is in Palantir. And that is we talked about this during the show today. Whenever price closes below a bullish structured profile, that is the center panel we're looking at. That is the weekly time frame chart. You can see how price was below that. Whenever price is below that, any rallies, if they are just countertrend rallies, we'll find resistance at the center of that box. And as you take a look at Palantir, that is exactly what it did on the trading week of June 21st and June 28th. Now, price is back inside that box out here. So our EO, we know the daily suggests that price is going to go hit $26.92. And we know at $27, you've got resistance. What I don't know is whether price can take out that resistance level on this next run. This week, price is moving higher with 215 million shares. So it is moving higher into the swing point from June 28th with higher volume. What that tells me is that price should go test that high, that 27 level. And that's really what we got on the daily time frame chart as well. So it does look like Palantir is going to make it to 27. Whether it can make it above that level, we'll just have to stay tuned and come back and take a look at the charts out there. So as we finish the show here, here's our nine panel charts. You've got the ESMini above resistance, the NQ at 15.438, the 1 to 1.8 to B equals CD, the spot ball of Tilix below the 15 day, the US dollar sitting at support, gold sitting at resistance. So just waiting for gold and US dollar to figure out what to do. Lights recruit trading slightly above resistance, natural gas blasting off to the upside. Folks, stay tuned for two more great hours. Have a fantastic weekend. I'll see you on Marvel this one.