 The following is a presentation of TFNN The Trader's Edge with Steve Rhodes Free at 1-877-927-6648 or internationally at 727-873-7618 The Trader's Edge Now Steve Rhodes Good morning folks. Welcome to the October 20th, a terrific Thursday edition of today's Trader's Edge show I'm your host E.B. Perseverance Rhodes Who absolutely knows that each of us should always be Pioneers of our future versus prisoners of our past. Hope everyone out there's having a great day Hey, let's make sure we have an extraordinary one and 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 Well means we can find the gift in every set of circumstance that life is gonna toss at us now today You and I we're gonna go check on the circumstance of these markets We'll go figure out what those bulls and bears what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning Now I want you to know I'm absolutely grateful for your presence here But even more important than that is that I'm here to serve you during this next 53 minutes So give us a call at 877-927-6648 if you can't call in we've got you covered there, too You can send me an email send it early send that to Steve at tfnn.com and inside the subject hitting Please put radio show question and of course if you're inside our tigers then well any in every ping will do So let's go ahead and get this show started on terrific Thursday, of course This is tiger Financial news network. I'm Steve Rhodes. Welcome to the show right now You got all the U.S. and C's trading the upside with one exception. That's the Dow trannies They're down 47 points the Dow cashiness is up 1% or 309 points the S&P's up a 10th or 30 points One of three 10s for the Nasdaq 100 147 points a little less than 1% for the Russell that's 16 points Some eyes up three and a half. That's a three and a half percent that's 77 points the upside Gold is up 15 bucks Silver's up 55 cents lights recruit us up a buck 62 natural gas is up a nickel We're gonna take a look at that here in the morning 30 year treasuries down 16 ticks 121 13 is the print now leading the charge to the upside Dollar wise is booking holdings 41 bucks two and three tenths lamb research 34 bucks 10 percent Mercado livery up 25 bucks or 3% as a mill holdings 23 bucks 5% Elevants health up 4% 21 buckaroonies to the downside. It's WD 40 That's off 15 bucks 9% all states down 15 percent or 11 bucks What's what's go is down nine bucks or three and a half percent? Union Pacific Corp down eight bucks four percent Tesla's up eight bucks or three and eight tenths percent So we got some movers and we've got some shakers, but let's begin by taking a look at the markets First thing we need to go do is take a look at the market for at the Taz market breath out here So we'll start with I don't know we'll start with we will start with the Nasdaq 100 Nasdaq 100 right now as we speak We've got for the 62 40 the daily are all in bullish configuration So if we take a look at the 60 minute time frame chart if you look over in left-hand side You'll see 60 instruments trained above the top of profile 21 below that says on a 60 minute basis The rally should continue out there unless we're hitting some type of profile resistance Which I don't believe that we are the four-hour time frame. Let's take a look at that That's the next level up that we can look at and here You've got 48 instruments above the top and you've got 30 or 17 instruments below the bottom of profile So again, you have a bullish crossover the daily time frame What we have is 29 instruments above 10 instruments below So again, these are bullish market breath conditions and they suggest that we should see a further rally So that was the NQ. Let's go take a look at the NQ charts and see what a piece of information we need We're going to change our screens momentarily We will be at some white background screens Those are my ninja trader charts out here and the top one upper left is the daily time frame on a daily basis You can see that price right now is trained above the top of its profile profile is where you've got sellers at that So 11 231 a key area as you look at the five-hour time frame chart at 11 300 really It's 11 299 and change will call 11 300 is where it's got resistance. So price is trading right That's the only resistance that I see right now as I take a look at these charts They go from a 10 15 30 60 what a 2 hour 4 hour 5 hour and then the daily time frame The resistance level is the profile on the five-hour time frame chart now this current candle does not close till 2 p.m And it's only 11 right now. So hard to say where this will be But what we can say is if we take a look at the 240 and the 120 minute chart both have very clear TD 9 count tops out Here, so let's just take a look at the 240 minute chart So the key level to be watching today at a further rally is going to be the high of that pattern The high of that pattern for both time frames whether it's a 240 or the 2-hour chart is 11 431 75 If price closes above 11 431 75 on a 2-hour or 4-hour time frame chart That's negates that signal tells us we're going higher It's next battle would be at 11 670 and a quarter if price could take out 11 670 and a quarter Then we continue to move higher with the next battle on a 4-hour time frame being 12 140 50 On the NQ 120 minute time frame chart It's battle ground Above its TD 9 count high is an 11 544 and then you have one at 11 645 So those would be the battles But really the first battle right now has to be that TD 9 count top and again the key level there is going to be 11 431 75 that's what price needs to close above to suggest that the NQ is in rally mode Now let's take a look at the ES mini will get these charts here fired up while these are populating I'm gonna shift screens again We'll go take a look at what the task market breath for the S&P 500 looks like so now let's pull that over We'll switch up from the NQ to the S&P 500 the ES mini out here And let's go see what we've got here market breath. So this is interesting Market breath as we speak right now for the 60 minute time frame for the S&P 500 is a slightly bearish Slightly bearish you've got 126 above the top 153 below the bottom on a 240 minute basis Let's go take a look at what that's got going on That's a hundred twenty three above a hundred sixty six below So it's just a daily time frame as we speak right now that has that bullish crossover and on a daily time Daily basis what we have is 156 instruments trading above profile 66 below So this one's really leading to our choppy market here We don't have any consistency with regard to market breath, but let's go take a look at the ES mini charts The ES mini the level to be watching and it's a teeny-nine count top for both again The four hour and the two hour time frame that high is going to be and this is what you're looking for for price to close Above says forget market forget. Oops. Let me see your cool life. I forget Forget the Taz market, but we're not going to forget it here. We take a look at a four-hour time frame chart What we can see is price is trading up into resistance. It's a bearish structured profile area That's between 37 53 and 37 69, but even a price close above that it needs to close above the high of 37 66 and a quarter. Let me make sure that was correct 37 that was wrong 3777 and a quarter if price close above that well, then it's got another battle So you've got really three battles right here 37 53 30 set four battles 37 69 3777 and then 38 15 it's the 38 15 level at the ES mini on a four-hour time frame needs to clear to Suggest that it is rally on that it is game on on a two-hour time frame chart The resistance level is Really 37 70 50, but it's that TD night out. Hi. We've already taken a look at that price here on a two-hour time frame trading right into resistance That's the top of its current profile So that's what's going on in the ES and the NQ world out there We get back from this break. We're gonna take a look at Adobe for Alton natural gas for Kota and Somebody else inside the Tigris Den had mentioned that and that ticker symbol VNOM for Kota as well Of course, I would love to hear from you at 877-927-6648 Steve Rhodes with TFN Teddy keg stat has just announced a live webinar coming up for subscribers to his newsletter the Tiger 4x report Wednesday October 26th at 4 p.m. Eastern time. Teddy will be hosting a live 60-minute webinar 4x strategies and fundamentals What is behind the Tiger 4x report newsletter in this 60-minute webinar? Teddy will be discussing a full breakdown in the markets that influence currency pairs as well as applying those variables to Individual currency pairs how to evaluate trading scenarios for risk versus reward as well as a live question and answer session Sign up now and gain instant access to this live webinar coming up as well as a month subscription to Teddy's Tiger 4x report Which comes with a 30-day money-back guarantee so you have nothing to risk Don't miss out on this live webinar event with Teddy kegs that Wednesday October 26th sign up now for the Tiger 4x report at the front page of TFNN.com You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews That give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN.com The opening call newsletter is written by Basil Chapman Creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in Identifying price turns finding the peaks and valleys and stock prices get the opening call newsletter by Basil Chapman 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 Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 finishing at number two for the year an Amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his mastering Probability newsletter Steve's award-winning newsletter Mastering probability is delivered every trading day with updates throughout the afternoon sign up for Steve's market newsletter mastering probability and you'll receive access to seven of Steve's educational webinars Absolutely free at TFNN all our newsletters come with a 30-day money-back guarantee So you have absolutely nothing to worry about visit TFNN.com and try mastering probability 30 days risk-free today TFNN educating investors toll-free at 1-877-927-6648 internationally at 727-873-7618 Back up folks so we got the church for Adobe up on our screen out here Alton is wanting us to take a look at this is a Question good morning Steve finally great weather in Florida. Yeah yesterday was not so great It was a lot of rain on the golf course I hope you are enjoying it if you I am well I am except for yesterday if you have time Please look at Adobe good fundamentals making money hand over fish at the stock has been killed over the last year stock prices Already visited 2020 lows buy hold or sell looking at the longer-term horizon. So buy hold or so What here's what we know on a daily time frame Adobe completed a I buy the d-point pattern It was more than a one-to-one probably 1.272 C2d expansion the reason why I say was completed was because of the bullish reversal candle They conformed on October the 3rd. That's a bear sash candle What that does is that sets up your support level if you were to take a long position That sets up your support level at the low of the prior day, which is 274 85 So first note that a price were to close below that that would be suggestive of a market that wants to continue to move lower now If you're looking for a long-term position, which you said you were now is not the time to buy the reason is because prices made its Way up to resistance. That's the top of its daily profile out here and that's right up at the level of 308 31 We're right now at 307 98 now I don't know whether price is going to be able to close above that if it does that would be a Short-term positive and at the same time we also have the weekly chart that is trading right up into so this has a Roadsman to indicator bottom. This is where market is stretch You then get a confirmation with a bullish reversal candle that took place on October the 7th There was a bull sash candle out there And that then when you get a bottom pattern the first thing that price will do is move up towards its Oscillator and change on on a daily basis out here price was already above that the oscillator change line But then the weekly base that is not the case so price trading into resistance here in adobe Top of the daily profile weekly oscillator and change line if price can close above the top of that daily profile and again that number Was 308 31 a price can close above that then you're going to make a move to 318 and a quarter 318 and a quarter is the top of its weekly profile It's really that level there often and I think that price would need to close above Then what you'd be looking to do is to buy some type of retracement Hopefully a low-volume retracement out there now the monthly time frame last month confirmed a TD 9 count bottom So to review adobe you have a monthly bottom pattern you have a weekly confirmed bottom pattern You have a daily confirmed bottom pattern So now what we're really doing here is dealing with resistance levels And I don't know whether those resistance levels will fail or not I can share with you that on the way down that big gap. You see that that big falling window now that had 27 million shares out there and there's a lot of people who might be well I don't know what they're saying but 27 million shares. Hey today You're moving up into that area with 1.3 million shares. So there's gonna be a lot of Well, this is where if I'm flying the plane I'm telling you to be careful because those oxygen Mask might fall down and you might need to put that on so it's looking good But now you got the battle at resistance So you don't want to buy resistance out here if he does get above resistance Then you'd be looking for some type of pullback or retracement out there So hope that helps you all all done with regard to Adobe and I thanks so much for the request the next request coming in from really several people out there You've got Kota. I got the Brent in Martinez, California Alan in the Tigers den all looking to get some type of feel for natural gas and what that is doing out here In the Brent's case, he took a long position UNG this morning with call options So that's fine, so let's go and code want me to rip the charts apart here for oh, that's not the natural gas Let me switch over to natural gas. Sorry about that Pay attention Stevie pay attention now we got the natural gas chart So on a monthly basis so bigger picture out here roads with the indicator top Price is below its green off-center and change line back inside its monthly profile This suggests that natural gas could be targeting the 423 to 484 level could be Right now the chart for natural gas as it wants lower price the weekly chart for natural gas is in bar number seven We know that's not a bottom and price is taken on a prior swing point That's the swing point from back on July the 8th price is trading into that candle So price may be targeting the bottom of that candle, which is 5.5 9 9 we're at 590 right now So that's what the weekly chart now if price closes below 599 What this is suggestion is will pull back to its breakout level its breakout area is four dollars and 45 cents again I'm looking at the December contract I have not looked inside of UNG to see which contract or contracts natural gas is Is trading on maybe a coda or Alan you guys can look that up Well, I'm reviewing these charts here and let me know but that's important We're looking though specifically at the December contract I suspect there's probably a little bit of November left inside of UNG and the rest of it would be the December contract out here if we look at the daily time frame the daily time frame has an a to b equal CD pattern That has not completed. Why is it not well it actually completed back here? Give me a moment. I don't want that tool. I want this tool So we had an a to b equal CD confirmation when this bull sash candle Form back on October 4th that led to a two-day rally price really never got above that Oscillator and change line did not get above for two consecutive sessions out here And that's telling you that there's trouble in River City that pattern that by the d-point pattern was negated the trading day of October 17 when price closed below the support of that bull sash candle now we can see here as prices pulled back I'll just simply expand out this chart for you prices pulled back to its breakout level $5 and 72 cents or very close No, I guess it's gotten down there. Is that a bottom? It can be a bottom We don't have a bottom pattern the preference would be to see some type of bullish reversal candle to confirm the a to b Equal CD pattern so you're back to an area of support But it's still a risky trade knowing that the weekly is saying a I want lower price and the monthly is saying I want lower price now to the intraday charts the 30-minute time frame from a nice rogment to indicator bottom I did that with this nice hammer candle that formed at 9 30 this morning What price is doing right now is it's trading above the top of a 30-minute profile Now it suggests that price would want to go target as TD 9 cal breakdown area That's at $6 and 4 cents So the 30-minute chart on an intraday basis says it wants to move higher the 16-minute time frame chart also has a Rogement to indicator bottom that confirmed as we came on the air at 11 o'clock when we this formed a bullish engulfing candle Price here is also above the top of its 60-minute profile and that suggests to run back to its TD 9 count high So this is helpful to us because on a 60-minute basis a price able to close with $6 and 4 cents 6.044 to be exact that's going to suggest that we see higher price was $6 and 27 cents being the target the 120-minute time frame this bar will not complete until I think it's noon It is noon. So you got another 35 minutes But if price can price is so I must well get 35 minutes if it forms a bullish Reversal candle and it sit with inside the profiles and it's got a battle at $5.99 and $6 and 6 cents above that It would be signaling to move to 627. So there's potential with regard to the bottom We really want that bottom pattern to show up on the daily time frame And that would be a bill bullish reversal candle on a 240-minute chart and this candle here will not complete until 2 p.m. So too too early to call on this one But it's negated this is the 240-minute chart and negated a TD 9 count bottom pattern out there And so the only thing that would be present would be a buy the D point Maybe there's a three drive to a bottom it needs this bullish reversal candle needs to close above that red Ocelot or change line, but then we'll have a battle at $6 and 13 cents and above that 653 That was a 240-minute time frame chart the five-hour chart Needs a bullish reversal candle here as well and really a close above that Ocelot or change line We'll finish looking at natural gas we get back to the spring If you want to take advantage of this sector now is the time to subscribe to my gold report The gold report is a comprehensive look at the metal sector as well as the markets that move gold Which is the currency and bond markets new subscribers get a 30-day money back guarantee So you have nothing to lose every Monday morning I published a gold report with coverage of gold silver bonds the XAU HUI gdx as well as more than 30 different mining equities To see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting tfnn.com don't miss out on the next great gold trade sign up today Thanan is excited about our new software charting program the art of timing the trade charts in Collaboration with Tom O'Brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any traders methodology Using this first-of-its-kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci formation setups including Gartly's ABC's butterflies and much more the art of timing the trade charts is designed to help you when Scouring the markets for stocks just beginning to form the trading patterns that many investors spend days weeks or even months Searching to find and right now. 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So it is the December contract that is inside the UNG. So that's good You know now in the road in a good question here. It says Steve It's amazing of all the gas shortages and the prices down. He's referring to natural gas And the prices down that low. Please explain So you're asking me Alan a fundamental question out here not a technical question But really I consider it to be a fundamental question and that is what really got me into doing technical analysis Was questions like that Because what I've learned is the most fundamental element of any Analysis of a company is what our buyers and sellers doing. It's not what the CEO says It's not what we read in the newspapers or whatever It's really what our buyers and sellers doing out there And so in the case of natural gas on a monthly basis those buyers and sellers are saying I want lower price The weekly chart sellers are saying I want lower price the daily chart saying right now I want lower price, but I am back in a breakout area And so because of the intraday signals the roads with the indicator signals that we have and some of those charts out there Price should be able to generate a bullish reversal candle today on a daily time frame and then Brent and Alan and Kota then I'd say yeah, it's time to take a long trade in natural gas In looking at these charts here if you look at the five-hour time frame chart in the four-hour time frame chart The two in the bottom right out there what you'll see is that price is really struggled for the last Almost ten days out here to close above that red osciter and change line on a five-hour time frame That number as we speak right now is up at five dollars and ninety seven cents I would say that you want to see a close above that really two closes above that to then suggest that maybe the bottom is In for natural gas, but just be careful here. The daily is not so not so certain about that So I do hope that helps you out with regard to natural gas. I'm keeping my eyes on it as well To possibly take subscribers long so we're all in the right space. We're just not getting the right signal At least I'm not seeing the right signal as we speak right now So if that helps you out Brent Allen and And Kota Kota also wanted to take a look at ticker symbol V and oh em So let's get back to our three-pane charts out here daily weekly and monthly. Let's go put in V and oh em What this up populate did I spell that correctly I did that's four letters That's a got an a plus on a spelling there So you got to love that now, of course, I'm just a little little Strategic pause here while I wait for the charts to a pop of it V and oh em Is populating right now and it's right above the top of its daily profile and trying to take out a TD 9 count top out there So this is a viper energy So Kota you can see the TD 9 count top that formed on the trading day of October 10th That led to a pullback to support support in this case here being its green oscillator and change line that test Rejection back on October 14th and 15th was a bullish signal that sent it to really a neutral status The reason is because it had a valid top out there now if price can close above that TD 9 count top That is at 33 35 then this should continue to rally continue to rally to where well 35 11 Is a TD 9 count breakdown error? So that would be the next area of resistance and then this has another TD 9 count top And that was formed on the trading day of June the 7th and that high out there is that that can't be right That high is though it is right 35 59 so 35 so those would be your battlegrounds here So right now the TD 9 count that formed out here on the trading day of October 10th That's done its magic. It's held that resistance level You still have a neutral signal because price above the top of the profile above its green Changed line with a topping pattern. So that's the daily time frame The weekly time frame price above profile price above the green Changed line that's confirming what we just looked at on the daily time frame, which is suggesting that it wants to continue to Move higher now the swing point on the weekly basis is that swing that began June 6 Which had volume of 1.95 million shares this week so far you're at 1.3 or through Thursday So it looks like it's a you know, let's see. What did yesterday do? Volumize yesterday was 700,000 the day before was 293,000 it seems like we're coming in short That doesn't mean it's not good doesn't what it's telling us is it's not ready to take out those highs It's not doing it with gusto and then finally we've got the monthly time frame chart The monthly time frame chart has a TD 9 count top out there It's got a probably a sell the D point top as well prices making its way back to a TD 9 count breakdown Resistance at 3310 we know based upon the TD 9 count top that was out here that really what needs to take place This price has to close above that big old bearish engulfing candle that was June of 2022 now that high out there is 3585 so 3585 that's gonna be where the real work where the rubber hits the metal or the road so to speak out there So Vina Looks good, but just doesn't have the volume at this stage here, but it should continue to move higher So I hope that helps you out Coda with regard to be none if you need anything else on that Please let me know the last question, but I see at this moment is coming in here from Coming in here from Hector and Hector wants to take a look at UNP So let's go put up the charts here for UNP. I believe that is trading lower Was that trading lower this morning? Yeah, that's off about eight bucks and change So the question goes like this stevo. Happy thirsty Thursday. I'm on board with that for sure UNP United Pacific ABC down on a weekly. We loaded up last week Getting ahead of a buy the D point We love the fact that this C2D leg much weaker than the A2B leg as you teach and we finished this week above 193.79 all aboard looking for a nice big bounce here So let's go take like at UNP and see what we see out here First of all, so it's pulling back and it's pulled back to test a level of support Hector And that is the bottom of its bullish structure daily profile that formed about four or five days ago So a key level of support that you're watching is that bottom? And that's at 191 87 We're trading 191 52. So we're trading just below that if in fact You need Pacific closes below the bottom of that daily profile today What it does is it increases the odds that price will pull back and test that swing point that bullish engulfing candle Deformed out here and created that roadsman to indicator bottom Now the volume on that candle session that bullish engulfing candle was 3.4 million shares Today two hours into trading. We're already at about two million chairs. We're at 1.1 point 9 1 We're gonna call it to so you're moving into that swing point with volume I don't know if price will close below the bottom that below structure profile So this is where buyers should be able to step in and support it But if they don't which means a close blow 191 87 and knowing you're coming down to that with volume Looks to me like this wants to continue to head lower So that's the first thing that I would look at on a weekly time frame You're talking about an a to b equal CD pattern Well, this would be an a to b equal CD pattern to the downside and we'll go draw that in on my other screen out There will be much easier for us to take a look at on this screen though Well, we want to point out as there is no bottom signal you're in bar number 8 right now But in order for a TD 9 count on a weekly base to form price gonna have to get below last week's low It doesn't have to do it this week It just needs to be able to do it between this week and the next two weeks out there and on a monthly time frame your below profile You're targeting the 161 41 level you're in bar number seven out there So the question is is the daily triggering is signaling to you and I that is this is the bottom It's gonna somehow take over for the weekly and the monthly charts out there and that I don't know So now let's go back and take a look at the black background charts easier to draw in the a to b equal CD to the downside We're gonna focus in on the weekly time frame So first of all the b-point is gonna be the trading session from July 11th And that did what 12.6 million shares that was passed with 17 million shares the week of September 26 So this has a confirmed a to b equal CD to the downside the a point out here very easy to identify That's the high for the week that began March 28th the b-point very easy to identify That's a low from July 11th the c-point also easy price getting right up into the top of that daily profile on the trading day of August 15 One to one would take us to 70s would take us to 165 79 But this is only a 50% retracement Hector and Patty This is suggesting lower price lower price like 144 97 But first the 165 area which lines up with that monthly teeny-nine count breakout area of 161 41 So I hope that helps you out Watch today's profile and today's clothes for you NP You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices Selective stocks and commodities Subscribe to the opening call newsletter at TFNN comm the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave Up-down sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices get the opening call newsletter by Basil Chapman and your inbox every day first time subscribers also get a 30-day money back guarantee if you're not Satisfied let us know and you'll get a full refund within 30 days of signing up TFNN comm educating investors Technology around us is changing every day with so much happening that can seem impossible to keep up with all the information David White's investment newsletter the technology insider is designed to give you all the information you need to understand the technology That shapes today's markets and tomorrow's future David White has made his living staying on the cutting-edge technology His weekly newsletter will give you specific recommendations for value tech stocks as well as entry prices Target prices and stops to set for each trade Dave delivers his weekly newsletters every Friday with updates throughout the week You can get the technology insider at TFNN comm for only 37 dollars and 50 cents Sign up for Dave's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30-day money back guarantee TFNN educating investors are China a shares hot or not if you trade China a shares now may be time to take a closer look trade CHAU or CHAD Directions daily CSI 300 China a share bull and bear ETFs China a shares in either direction Visit direction investments calm today an investor should consider the investment objectives risks charges and expenses of the direction shares Carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary Prospectus, please contact direction shares at eight six six four seven six seven five two three the prospectus or summary Prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principle The funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services LLC This program is brought to you by Vista gold traded on the NYSE American and TSX under the symbol VGZ Folks I hadn't switched over to the black background screen. I thought I clicked all the buttons I did not but here's that weekly a to be confirmed a to be equal seeding to the downside for United Pacific in 165 79 being its first target out there 11.272 at 144 at 97 So we've got some questions have come in through the tiger's den. Let's say get to those You know visual wanted to take a look at the spot volatility action. Oh, what let me do this here Let me get over to the spot here is the VIX right here And what we can see is that the spot picks a mix So what what you don't see out here is that this trading day right here October 13th that confirmed a Roads momentum indicator Top out there. That's an RMI top and so that suggested that price should head lower, which it has done So that top has held now What price should do is should target its 50-day exponential moving average So the 50-day exponential moving average is at price right now is at 28 38 currently spot fix is trading out of 2991 if that happens if that occurs then you should see the yes many and the s&p 500 to continue to move higher out there As long as price remains above that 50-day though if there's any kind of surprise It'll be to the downside and won't be really a great surprise out there So hope that helps you out with regard to that question You know, I know you also wanted me to come back take a look at the NQ as we go into the end of the show So I will absolutely try to do that the next question coming in from the tiger's den I'm she's I forgot to write down who whoops that was wrong back screens But Guppy might have been no one asking yeah, but Guppy. I'm sorry you were asking about skills SKL Z Out there now referring to Stevie's skills referring to the stock chart SKL Z So we've got that up on our screen here in a nice big So this had confirmed a Roads momentum indicator bottom and it did that on a trade day about October 13th I did that when I generate that bullish and golfing candle Bottoms when we're looking at patterns I'm not talking about non patterns So I don't use Japanese candlesticks just on a blank chart and say oh, there's a bullish and golfing candle That signals a buy no no no no no the way that you really want to utilize Japanese candlestick charting this course my perspective out there is where it really has meaning is That the completion of a pattern. Maybe it's a buy the deep point. Maybe it's a sell the deep one Maybe it's Roads momentum indicator top. Maybe it's an RMI bottom. Maybe it's a TD 9 count top Maybe it's a TD 9 count bottom now those don't require the TD 9 counts Don't require a bullish or bearish reversal candle, but it is nice to have the Calvary Let us know that they are on our side out there. So when it comes to skills, you've got that bottom now What you're getting out here today I'm a guppy his price is trading above the top of its profile That's at one buck if it close above one buck today close above one buck tomorrow Then that should continue higher and that higher would be a buck 27 $1.27 is the TD 9 count breakdown area. There is the potential on a weekly basis Me how do I do this? I do this by getting rid of a couple of the lines out there So let me do this here. It'll make it a little bit easier for us Let's change this here to just one line that we're showing and now it should expand up. There we go So on a weekly basis what we can see is that you've got wave number seven That'll be confirmed this week with a higher low, which is what we have in place You have a Roads momentum indicator signal that's been triggered right now We have a bull sash candle Don't know what it will look like at the end of the day tomorrow But if it is a bullish reversal candle, then you've got a confirmed weekly Roads momentum indicator bottom Just like we had me confirmed daily Roads momentum indicator bottom now This has resistance battlegrounds at 107 120 and 132 and I'm referring to the weekly timeframe chart So what got me price has to close above 132 Which would then also be a close above that daily TD 9 count breakdown area and that would be the kind of Bowlers message that you're looking for It shows that there's a potential for a TD 9 count bottom But in order for that to happen price is gonna have to close this week below a dollar one Now maybe it does that too, and then you can potentially have three bottoming signals on a weekly basis for skills out there But it is a penny stock. It's a buck. It doesn't take much to push this around So just be careful But I'm providing to you the technical signals out there and on a monthly timeframe This is going to complete a TD 9 count bottom this month now what that says is whatever this month's low Is at the present time this month's low is 83 cents a price for to close below 83 cents That says going to zero now it doesn't say it's going to zero it says it's going lower But how much lower can it 83 cents not go well it can go 83 cents lower I'm not trying to be a smart, you know I'm just I guess I was sorry about that and even so you got nice setup potential I set up on the monthly to match what's going on the daily you might have a nice setup on the weekly You've got some battles overhead. So that's what the charts for skills say your question was is a time to Break the downtrend and you're getting signals that say yeah, that might be the case out there So hope that helps you out in MacGuffin. I know you also want to take a look at Tesla TS LA Specifically here you were asking about long term So let's get these charts here populated and after the Tesla. We're gonna go for a day Dennis wants to take a look at DV and DK So we'll do that for him as well Sorry that it's taking so long to populate now You've got it on a daily basis even though you didn't ask for it You've got a TD nine count bottom that formed out here several days ago That was on the trading day of October the 14th price pulled back today tested support as well as the bottom of that candle That is held as long as price remains above the low from the 14th that low is a 204 16 You still have a TD nine count bottom on a weekly basis price is pulling back in testing TD nine count breakout support you actually close below that last week, but you're above back above that this week That's a 20908 so the weekly chart is saying there. So what was the volume last week? Let me check the Tesla's volume Last week volume here was 397 million shares. That was taking out a swing point low that at 465 Okay, so it was lighter volume So we're not gonna draw in a a to b equal CD to the downside pattern and on a monthly time frame Here what we've got McGuppy is price testing support 205 54 So you've got a support level on the week list being tested seems to be holding You got a task support level on the monthly being tested seems to be holding daily Testing is TD nine count bottom. It seems to be holding long term is what you asked for Well on a daily basis I'd rather see the daily get above the top of its daily profile to then say, okay That bowl of structure profile the monthly time frame that likely was the bottom after it had formed that roads meant to mitigate her top out There so one way to take it if you really look into trade Tesla You can go ahead and take a long position now and you'd put a stop in with a close below that TD nine count bottom out There and that's at the a 204 16 level. So hope that helps you out with regard to both skills and a Tesla now Dennis he wants to take like a ticker civil DV and DV is a Devon energy now. What is it? Double. Oh, that's right double verify holdings out there now double verify holdings once these charts here get populated You'll see that price to trade by the top of its daily and weekly profile There is no monthly profile out here just not enough data So trade them up profile and trade above an oscillator and change line if especially if it's green like it is on the daily basis That is a bullish message now the swing point that is trading into Dennis is all the way back on the trading session of September the 9th and that did volume of 2.1 million shares Let me pull this chart and just a tad maybe makes a little bit easier for you right there So September on September the 9th of volume out there at that high 2.1 million shares you tested that two weeks ago two days ago with 1.4 million shares You're tested today. You're at 198,000 shares. That's going against 2 million shares Doesn't look like it's really getting ready to take out that high. So if I'm kind of a I Don't know what's a signal somewhat neutral out here and on a weekly basis the swing point that is testing at 7 million shares You're only at 3 million shares. So it looks positive, but it's not getting ready to explode and take out those highs This to gold owns and operates the largest undeveloped gold project in Australia the Mount Todd gold project This to gold just completed their feasibility study resulting in a 7 million ounce gold reserve This to gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing an accreted Transaction this to gold trades on the NYSE American and TSX under the ticker symbol VGC This to gold executing a strategy to create shareholder value 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? 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We got a couple requests. Let's get to them DK out here. This is Dennis this is trading above the top of its green asset and change on a profile This should go target its most recent high that recent high from October 7th in about the 30 87 to 29 53 range out there on a weekly base you have price consolidated with inside its profile on a monthly basis price trying to take out the top of that profile of close above 2888 this month you're traded 29 or 29 12 that would be a positive outcome Satish wants to take a look at ticker symbol TC DA. So as we take a look at this here, I'll be pretty quick Monthly chart price trade above its profile that should continue higher It's got a nice TD 9 count bottom on a weekly time frame Price is consolidating with inside its profile. That's between the range of that die 91 to 1272 The daily time frame this had a TD 9 count top Prices got below yesterday the bottom of its profile that profile level is up at 1057 you're trading below it looks like this wants to target 856 TCDA so I hope that helps you out Satish with regard to that Dan and want to take like a GSM So I'll put that chart back up here for you Dan in case you didn't see it But here's GSM you're asking about the TD 9 count pattern price needs to close below bar number 5 today There is a prior TD 9 count that's still in place out here. This has so this is holding You do have a roadsman communicator signal that will complete today with a bull sash candle You'd like to see a close with fire 32. It's a center and change line That would then signal move up to 565 out there Lastly was the request to go take a look at the enqueue as we closed out the show So as we take a look at it right now, what do we see nothing has changed out here In order for the enqueue to say that this thing really wants to head higher It needs to take out its TD 9 count top that price level is out. Oh, this is the ES mini shoot Sorry about that Well looks like Stevie screwed up not the first time today, but hopefully it's the last time out there You know visual I'll go ahead and post these charts into the tiger's den for you And but at least with regard to the ES mini and I'm assuming for the enqueue not much has changed It needs to take out those TD 9 count tops. So we talked about earlier folks Have a terrific Thursday. I'm uncertain if I'm gonna be able to do a show tomorrow But I'm gonna try to do it between 8 and 9 take care