 The following is a presentation of TFNN, The Trader's Edge, with Steve Rhodes. Call now toll free at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now Steve Rhodes. Good afternoon folks, welcome to the terrific Tuesday the October 12th. Yeah, sorry it was just a lost track of the days, but it's the October 12th version of today's Trader's Edge show. So welcome to the show, I'm your host, Steve. Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. 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, we do not make that one little two by four shift. Well, it means we can find a 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 out the circumstance of these markets. We're going to 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. The 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 it at 877-927-6648. If you can't dial in, well, we've got you covered there too. You can always let those fingers do the walking. You can send me an email, send it to Steve at tfnn.com inside that subject. And if you'd be kind enough to put radio show question and in our tiger's dead, any ping will do. So let's go ahead and get this show started on terrific Tuesday. Of course, this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to the show right now. We've got the markets are mixed out here. You get the Dow's off 60. The S&P's down eight. Nasdaq one is off 53. Russell's up 11. Summizer off 52. Trendy's up 87. So we got a real mixed bag out here. Gold's up 6 bucks. Silver down 8 cents. Light's weak. Crude is flat. Natural gas up 7 cents. The 30-year treasury is up over one point. Trade out at $158.17. Dollar-wise to the upside, leading the charge is up spot. Up 89 bucks, 13 percent. Chipotle 22 bucks, a little over 1 percent. Solar Edge up 7.5 percent or 21 bucks. Upstart holding is 18. Mon God me. That's up 3 percent or 17. Buccaroonies. To the downside, it's Google. Lead the charge off 54 bucks. Micro strategy down 26. Sam Adams beer down 11. SVB Financial 11 as well. And DocuSign off 9. Buccaroonies. Is this YouTube? Not that I know of. I'm Stevie. I'm not YouTube. I don't know if it should be playing YouTube out there. But any of it, let's go take a look at these markets and see what are they doing? What are they doing? Let's go do this set of charts out here. Let's just change over real quickly. We're going to take a look at the NQ. The NQ, I believe, is primarily powering this market to the upside and to the downside. So here are some, this is another eight panel chart. I use this, this version of this chart when I'm trading the NQs because I like to understand what's going on in the different timeframes because each of those different timeframes can provide us with different information. Is it confusing to me? No, it's not confusing. I can take a look at the daily, for example, and on the daily chart, that's the upper left hand panel. What do we know about the NQ? Well, first, you don't see it here because I don't have the tool to show the A to B equal CD pattern, but it did form a Gartley buy pattern. Did it on this day right here, this day being, I think it was last Friday? No, why not on Friday? That's the six. Whatever the date, the six was out there. And that confirmed that pattern. But what price has been unable to do is close above that red oscillator and change line. So we know that that is resistance. But prices below that, we anticipate or expect that price would head south to where? Well, the next level of support for the daily timeframe is going to be the bottom of its profile, 14, 470. So that says we're headed south. Then they go take a look at the five hour chart. Well, what I see is that the bottom or when it did form a bottom, this was about 15 hours ago or so. Let me tell you exactly when that took place out here at four o'clock this morning. That's not 15 hours ago, Steve. That's just at four o'clock this morning. Well, at four o'clock this morning, the five hour timeframe chart generated a TD-9 count. So that's going to be your support level. Now, I'm sorry about that. Let me get this back here. If price closes below that level, that level being 14, 586, 50, that's just going to then move over to the daily timeframe and give us the additional information that price is likely to target 14, 470. Kind of see how I tried to, or I did put that together, between just simply a five hour chart and the daily timeframe. Now, as we take a look at the four hour chart, do I have any kind of signals out here? I do have wave number seven. That's letter g. That formed at exactly, let me give you the exact time on this one here, that formed at exactly six o'clock this morning. So I know at four o'clock this morning, we got a bottom signal at six o'clock. We got a bottom signal. If we take a look at the 120 minute timeframe chart, that bottom signal or wave number seven, letter g out here, that's courtesy of Basil Chapman. That came in at four o'clock as well. So clearly, the larger timeframes, when I say larger from an intraday specter, five hour, four hour, then two hour, certainly trying to signal to you and I that it is trying to form a bottom. Now, if those lows get taken out, they provide us with important information. Now we get down to the intraday charts. On the intraday time period, on a 60 minute chart, there's a TD nine count bottom at form. That is held. If we take a look at the 30 minute chart, you've got a rogement to indicator bottom that formed this morning at 330. That is held. Then you had a TD nine count top. So your real resistance level during the day, we've talked about downside action where price might go to, let's take a look at some upside action. And but in order to gain that upside action, not that price can't trade higher, but the real upside action would not take place until price closed above that TD nine count top. And that's at 1478325. We also know that right now price is trading into a support level. That's its breakout level 1463425. So price is pulling back there. What's going on on its shorter term time frames? For example, the 30 or the five minute on the 30 minute chart, I don't have anything other than coming back to the prior lows out here, but yet on a five minute timeframe chart, we're starting to see this had a TD nine count bottom, just as price was coming back to that breakout level in the 30 minute chart out here. So that tells us what, if there's going to be a rally inside the NQ, we need to watch level about 14661. Really level, I would say we have to watch is 14677. That is the center of its bearish structured profile. That should be the real resistance level. But the first one would be where it's oscillator and changes on oscillator on change line is in the bottom of that profile. So watch the 14661 price clears that then 14677 and if price clears that, that probably signals to you and I move up to the 14710 level. So what do we summarize here in the NQ? It's biases to the downside that is based upon the daily timeframe, but when we take a look at each of the other intraday charts out here, we see bottom signals that have form across the board. So we have to watch to see if those levels of support hold and if they don't, then that tells us on the daily timeframe that its message that price is going to go down and tag the 14470 level is the likely outcome. So hope that helps y'all with the NQ. Let's go out to Puerto Rico and speak with Phil. Phil, thanks for calling. Thanks for holding. How are you today? Do we have Phil on the line? That's great. We have Phil. Phil, are you there? I'm here. Can you hear me? I can. I can. How are you today? And thanks for calling. Are you in Puerto Rico right now? Oh, yes. Yes, I used to live off of Atlantic Avenue. I moved down here a few years back. I lived on Northeast First Court. Oh, well, cool. I lived off the Palm Trail. Yeah, cool, cool. And so what took you to Puerto Rico? Well, the incentives in Florida was getting a little too crowded for me. Okay. All right. And now you've been through a couple of storms recently, yes. Well, I actually came down right after the bad one, Maria. Perfect. Hey, can you hear me? Phil, we're about to go to a hard break. If you'd be kind enough to hold on, we'll come back. We'll talk. We'll take a look at ADTX for you as well. This is Steve Rhodes with Phil in Puerto Rico. We'll be back in about three minutes, folks. 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, a tribe 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. 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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. Paradise over there. So you moved after the big hurricane came through? Yep, about three months after, and it was a mess. I mean, there's still some small towns up in the mountains, still no power, no anything to shame. Isn't there a power grid issue that they're dealing with over there? I guess we all are probably around the country, but I thought I read an article maybe yesterday or so about some power grid issues that they were having, but it's not affecting you. Yeah, it's a mess. It was just years of crony capitalism and insider pay to play and this is the remnants of it. They took all the money, they never built anything, they duct-taped everything, and now we're paying the consequence. So we'll see what happens next. Duct tape works, don't you know that? Maybe not the electrical grid, but for most stuff, yes. That's true, that's true. So you want to take a look at ADTX. That is Atatix Inc. out here, trading at $1.85 right now. Tell me what you're doing and how I can best help you. You know, I've been swinging this for a little over a year, had some success with it. Just wanted to see if you see any type of bottoming pattern on your technicals. Okay, sure. So let's pull over in the white background charts because that will get really right to it. And do I see some kind of bottoming pattern out here? So when I look at the daily time frame, although I can't draw it in, I am certain that there's probably an A to B equal CD pattern here, but I don't see anything else. What I can share with you though, as we do take a look at this daily time frame chart, any idea, just by the way, because you followed the stock, what took place on August 25th when this thing gapped up to about the 260 area and got all the way up to $4, I'm assuming that wasn't a bad tick out there. It said, you know what, and then it just simply gave up the ghost. Like that was a blow off. Yeah, that was on news that they broke ground on an extension. It's an assay test. So it's a new type of COVID test. It was just news that they broke ground on an extension of their manufacturing facility. They can increase the output of the test and shift them worldwide, which I believe launches this quarter. So here's what I can share with you, is where are the battleground levels for you? If you're in this position or you're looking to possibly get in it. And that's at $1.97. So this had a fairly decent move to the upside. It gave up price on August, I'm sorry, on October the 5th. But what it did was it really tested its TD9 breakdown level. So the first level of resistance that you're watching, whether I have a bottom pattern or not, is going to be $1.97. If you can get two consecutive closes above that, then that would signal that price should make its way back to the 289 level that's coming off the daily timeframe. See if there's any kind of a bottoming signal on the weekly chart out here, of course. And the answer is there is not. So what do we have on the weekly? I'm going to move off this white background chart, take a look at our black background chart. So what we'll see here more clearly is the top of its daily profile. That's a resistance levels at $2. So I believe we had like a $1.96. I moved that chart off my screen or so on the daily timeframe. We've got $2 on the weekly. Now on the weekly chart here, this is a brand new bullish structured weekly profile field that formed last week. Okay. When price closes above the center of that, that would be $2. And I don't mean 201. I guess what I do mean here, let me give you a figure. If price closes above 219, then what that signaling to you is that this could move all the way back to 395. That is the top of the weekly profile. And that's really all that I see here. So nothing from a daily or a weekly standpoint with regard to the bottoming signals that I look at, not every chart is going to bottom with those patterns there. And that's another reason why we take a look at TD9 count breakdown levels. That was the level we took a look at on the daily timeframe, the weekly profiles or any daily profiles on it. By the way, price is trading above its daily profile, which is a buck 81, but that doesn't get my skirt to float up. Price has got a close above that TD9 breakdown level field in order for this to have some meaning to the upside. Right. Makes sense. Well, it's a tremendous methodology you have and I appreciate your time. Well, thank you. And we appreciate you listening and enjoy Puerto Rico. Well, hey, I wish I could enjoy a lunch at 54 with you, but I'm too far. Well, when you come into town next time, you just, you know, you give me a call and we'll just we'll walk over there. You know what? I'll shoot you now and we'll meet over there. How about now? You do that. You do that or we'll walk over to my beach club and we'll watch the waves coming either way. Hey, you have a great week, Steve. I appreciate it. You too, Phil. Thanks so much for calling. That was Phil in Puerto Rico. Let's see here. So we do have a question that's coming in. Let me get to that here. We don't want to fall behind. Oh, there's a few questions look like the first one coming in from from Brent in Martinez, California. So Brent says you're watching M. You have no position at present. So let me just at least get this fired up out here and I can go back and take a look at it. Let me get the chart on our screen or three panel screen out here. And so as we take a look at MU, that is Micron Technology. So you've got no, so let's see. You've got no position present. It would be for a long trade. Looks like an A to B equal CD pattern starting to form. Okay, you've given me the dates. You've got recycling. Thanks as always. Have a great day. What any areas you can identify to the downside? TD or TAS levels, that would be helpful. So let's go take a look at that. Just try to get right to the guts of it. And Brent, I've got bad news for you. So with regard to TAS market profile levels, we've got none as Micron Technology is blown through all of them. That is the daily bullet structured profile. There was a close below that yesterday. You're going to certainly have a close below that today. You're well below the weekly profiles. You're now below the monthly profiles out here. So now let's go to Stevie's white background chart. See if there's any signals for us on the daily timeframe. Let's get to the daily timeframe first. Well, okay. So if this, let's get to the actual current data. There we go. No, that's the weekly. Hello, Stevo. Okay. So here's the daily. Let's get this thing populated. Oh man, bad news. So yesterday, Brent was the bar following bar number nine of a TD9 count, but it wasn't really even a valid TD9 count because bar seven was the count. So we don't have anything there. Yeah, I'm going to come take a look at the weekly chart. So then the daily, yeah, you would have an A to B equal CD to the downside. I'll draw that in. We go to the black background charts on the weekly chart to see that Rosemont to Mindicator top. This suggests Brent that price might be pulling back to its breakout level of 54, 36 or 65 and change right now. The monthly chart for Micron, what do we have here? Nothing good. And I won't tell you the $26.85 breakout level that it could trade back to. Because we're really not there just yet. First price could have to get through the 54, 36 area. So we know there's no good news there. Let's go take a look at some A to B equal CD patterns out here. And where do we want to start? Let me expand out the daily chart. There are so many A to B equal CD patterns that we could draw in here. Let's draw in the original one. And the original one, and this is just taking the chart back to a March of last year, the high of April 12, 2021. And Brent, I can't tell because the writing that comes on in your email is really small. And Stevie's eyes out of my glasses on. They, it's really hard for me to read that. That's not your fault. That's a Stevie issue. But here's the A to B equal CD that I see out here. And again, that was starting with the high for the A point on April 12. The B point out here looks like low on May 19. About a 46 or 50% retracement up in a June 1. And the one to one, and I think this is what you're looking at because price is getting down there, is $64.95. So if this does generate some type of bullish reversal candle, that would be a pattern most certainly to look at. If price doesn't generate that bullish reversal candle, this is telling us about $59.30 as a price target. So I don't see anything just yet inside of Micron Technology. Brent, thanks so much for writing in. We'll be right back folks. Steve Rhodes with TFN. 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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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 we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade charts today by visiting TFNN.com. The Think or Swim banner on the front page of TFNN.com. Welcome back, folks. So we're going to take a look at Platinum for Ruby inside the Tiger's Den. And as we take a look at the January 2022 contract, that is the active contract. We can see an A to B equals CD pattern to the upside. The first price target is $1,056. The second price target would be $1,088. We see that price to trade above the top of its daily profile has been for the last two days. Looks like today may be the same. So that is a bullish message out here. But why did price stop where it did? Well, we can draw some trend lines out there. If we put the trend lines on there, we can see that. But if we bring over, let me keep those out there anyways, because in any event, let's just pull over my other Platinum chart and we'll really see the battleground area for you, Ruby. And that's going to be the TD9 breakdown level. And that's at $102850. So that is the level that you're looking for price to close above. It tested it yesterday, rejected it, tried it two days ago, rejected it. Doesn't mean you sell, because price is above both its oscillator and change line above the top of its profile. So right now you're in between support, which is $99890, could be all the way down at $975, but right now it's $99890, and you've got resistance at $102850. So your price closes above that, you're in pretty good shape. Let's go take a look at that shape by looking at the weekly chart out here. The weekly chart, that's because I've got the January contract, not a ton of data, but enough data for you to know that price did pull back to a breakout support level of $94770, held it, and did it with a bullish reversal candle. So that's not too shabby out here on a short-term basis with regard to the 30-minute. This forms a TD9 count bottom. It does it at 2100 hours. This was last evening, today the 12th? Yeah, today's the 12th. So it does that last evening, nothing else out here. $102820 is a key level for you to look at, but really this all boils down to $102850 on the daily timeframe chart, Ruby. So that's your resistance level. Price can clear that. You should be off to the races. So I hope that helps you out. Thank you so much for the request. The next request, and it is the last request that we've got in the system right now. So folks, I would love to hear from you either in through the Tiger's Den, you can send me an email again, steve at tfn.com or the preferred method. It gives a call like Phil did at 877-927-6648. Well, how about that? Hector wants to take a look at Micron as well. So Hector says happy two for Taco Tuesday. Good. He's got a second one we can look at. And that is MU is being oversold today, any bottom in sight. So we really covered that. Hopefully you heard that review. Victor, I'm sorry, Hector. If not, maybe just a re-queue up in about an hour or so when they get this today's show posted. But your second request for Exxon Mobile. So let me get over to my set of charts out here. We can punch that into the system. So XOM is a ticker symbol. Let me get that going on the white background charts as well. And then let's go ahead and read Hector's question, which goes like this. XOM entry point for run into the spring time next year. Okay. Well, that's pretty simple. So as we take a look at Exxon Mobile right now, what we know is price is trading above the top of its daily weekly profiles. That says, Hector, that your next price target to the upside, unless we see some kind of topping signal on the daily timeframe out here, is going to be $64.92. So price is going to have to clear that $64.92 level before that says price is going to move into higher highs into the spring time out there. But let's bring over the white background charts. See what other signals Hector might be able to find here. Well, if we're wondering why price stopped where it did today, it's because it was dealing with its TD9 breakdown level. So even though price is above all those profiles, we certainly do want to know where those TD9 breakdown areas are. They can act as support or resistance out here. In this case, this is resistance. The breakout levels would be the support area. That's down to 41 bucks. We're not there. If price can close above $62.76, then you should be off to the races. Those races, Hector, will take you up to $71.36. That's the next TD9 breakdown area out there. Your question was, you're looking for an entry point. That was the monthly chart. That's the monthly chart, by the way, that I was looking at. My apology. I thought it was daily. So all of that was referencing the monthly, the weekly chart. Oh, Stevo, slow down. Okay. So that was the weekly chart that we were looking at, Hector. So $62.76, that is a key level that you'd like to see price close above. But as long as price remains above, it's oscillator and change line on top of the weekly profile. In the $59.80 area, there's nothing wrong with this. Now let's get to the daily chart out here. Okay, here's the daily. Let's get this thing populated. And what do we have? So you have a TD9 count pattern. So Valentini 9 count, that took place on the trading day of October 5th. Even though yesterday's move opened above that price, it never negated the pattern. Price needed to close above that. It did not. That remains in effect. So Hector, the first level on a daily chart that ExxonMobil is signaling to you and I that price is going to go ahead and pull back to an oscillator and change line. That's currently printing at about $60.48. The reason we suggest that that's likely outcome is because that oscillator and change line changed colors about two weeks ago. And we know that over time, that line and price will catch up to each other. Especially happens when that changes color. This took a little bit longer than normal, but that is likely move. So the question Hector becomes, should you buy this at $60.48 out there? And should you buy this, knowing that your resistance, your key resistance level, was that weekly area at $62.76? You have to have a real compelling reason out there. And I would think with regard to ExxonMobil, that compelling reason is going to have to come from Lightsweed Crew, which right now is still in the November contract. So we'd really go take a look at that, but you're asking me specifically for a buy point, not to take a look at Lightsweed Crew or anything like that. I'd have to go with $60.48. Now, what you'd like to see as price pulls back to that area, should have pulled back that area, you want to come over to your short-term timeframe chart and find some kind of bottoming signal. Now, maybe it's not the $30, maybe it's the $65, or maybe it's the $130, or maybe it's the $195 out there, but you want to see those bottoming signals. We don't have those as we speak right now on the 30-minute chart, but that's how you would go ahead and put those things together. The 65-minute chart says, yeah, I want to pull back further, although it's going to form bar number eight right now. So you could see a short-term bottoming pattern over the course of the next couple of hours. But the thing is, Lightsweed Crew looks good, but then let me pull over the Lightsweed Crew chart out here. Let me just take a quick peek with you, Hector. And so the daily chart looks good, and definitely no topping pattern out here. It looks like this wants to continue to move higher on a weekly basis. What do we have out here? I believe we have the same. Bar number seven on a TD9 count. So everything does look pretty good. I just rather you get a deeper pullback inside of ExxonMobil, and that deeper pullback would be about $58.31. The problem is, Hector, I don't have anything on the charts to suggest that that's what's going to happen. So hope that helps you out. Thanks so much for writing in, and you have a terrific Tuesday as well. Let's go out to Ron and Denver. Ron, thanks for calling. Thanks for holding. How are you today? Hello? Ron? On a weekly basis, what do we have out here? I believe we have... Hey, Ron, can you hear me? I can hear you at the N9 count. So are you there? Yeah, I think we were picking up the audio in the background, maybe coming off your computer or so. So if you can manage that thing. All right, I'll get that down. Okay. Yeah, no problem at all. So you want to take a look at UNG, the Natural Gas ETF, I believe. Tell me what you're doing, how I can best help you. Well, I bought a couple calls on me this morning on UNG, because it looked like Natural Gas pulled back, and UNG pulled back. Is that look like a good move on UNG? I just wondered. Sure. So if I would only look at the UNG charts, let me pull that up first. I would say, yeah, that's a good move. It looks like a good move to me. And the reason that I would say that is because price pulled back into a bullish structure daily profile. And the bottom of that profile is 1834. Today's low is 1827, traded 1898. So Ron, if we were just only going to use the UNG chart to make our determination and answer your question, you just answered it. Yeah, that would be a good buy because of being at a bullish structure profile. But do me a favor, hang on through this break. We'll come back and we'll take a look at the UNG charts, but we're certainly going to go look at Natural Gas to assist you as well. This is Steve Rhodes with Ron and Denver. We'll be back in about three to four minutes, folks. 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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Visit DirectionInvestments.com slash Biotech 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 866-476-7523. 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, foresight fund services, LLC. Welcome back, folks. We're on the line with Ron in Denver. And Ron, what I put up on my screen right now for you and I to take a look at is the eight panel chart for natural gas. That way, you know, you can get a feel for what's going on for multiple time frames. So is that okay as opposed to just looking at UNG? Yeah, but there's no... There should be. You guys in the den, do you see it? Oh, I see. Let me try another. I did something. It should be on YouTube. Now, it should be on YouTube. There should be eight white backgrounds. Oh, yeah, Sarah. Okay, fair now. Okay, perfect. So, well, let's just start from the long term, which is the upper left, and work our way into the short term time frame charts out here. So, on the upper left, here's one thing that we know. Natural gas got up to the highs in 2014. That was at $6.49 out there. There was a shooting star. And oddly enough, that is where price found resistance, really where it should have. So, you know, you've got a long-term resistance level that has been hit. If you ever see price trading above $6.49, you know that natural gas is going to take off to the upside and could get quite expensive. On the weekly time frame chart, so we know the price of resistance and backed off. No topping pattern or anything along those lines, at least not yet. On a weekly chart, you had a... Maybe there's an A to B equal CD pattern that we can find. You get a bearish shooting star candle a couple of weeks ago. But price would need to hold below $5.10. That's the current weekly oscillator and change line. So, that's important for you because that is an important support level. If you start seeing price trading below $5.10, your UNG trade is probably not going to be in a very good position. On the daily time frame, this has a rogment to indicator top. Now, what price did yesterday is it pulled back and attested the top of that daily profile. So, very similar to what UNG did. So, at least from a profile standpoint, you have a benchmark, even if you're not taking a look at the natural gas contract, to realize that that's an important level of support. And if price closed below that level inside of UNG, in the case of natural gas, it's $5.38 out there, that's going to then suggest... Now, it's got to be a close below. Not like a spike below that we've seen intraday here, but an actual close below. If price does close below that, then it really sets up the more ideal buy points. And those are more ideal buy points because this is a bullish structured daily profile for the November natural gas contract is between $4.92 and $5.07. So, I'm not saying... You are in a level of support that is held. If price closed below $5.38, you should expect or anticipate to move to the $4.92, $5.07, even $4.60. Any questions about that so far? No, no. Okay. Very clear. So, now, thank you. So, now let's move to the 30-minute chart. And the 30-minute chart says that between now $1.45 in the afternoon and $2.30, natural gas should take a timeout. In a shade, take a timeout, and price should pull back. The reason that we draw back inclusion is because you have a confirmed TD-9 count-top. I made an error. I said between now and $2.30. It's really between now and 2 p.m. So, here's the cool thing that you can use for that trade. This pattern. And that is, right now, the current high of this session is $5.471. If you see a close above that, that says this pattern has failed and you have a strong upward momentum move on the 30-minute time frame. But even if it's on the 30-minute time frame, that's okay for you because that could take price up to, just trying to find it, about $5.79. So, whatever this high is, do you have the actual natural gas contract run? I can, I know I don't, but I know I can find it. Yeah, I can find it. So, the price level to watch right now, and let's assume that that high holds, is going to be $5.507. If you see price, let me just make sure that's what it, yeah, that's it. So, if you see price trading above that, you're going to like that for your trade. If not, price is going to pull back. Pull back to where? $5.36. Is that oscillator and change line right now? That would be the downside target. Now, that price might move up or down, but that's what you would be looking for. And the danger there is, that's at $5.36. And the bottom of that, or the top of that week, a daily profile is $5.38. So, it's going to be real close here, likely as the signal going into the close today. So, I leave you like with this information, natural gas hits resistance on the monthly backs off. You've got a weekly sell the D point, nothing has failed. If price close below $5.10, that's not going to be good for you. If price fails at $5.30, you're looking most likely to move down to the $4.92 area out here. And that's all I see on the charts. A 60-minute, you know, looks pretty good. But I think the 30-minute is the one for you to keep your eye on right now. Don't be surprised if you see a retracement. Super. Thank you. Thank you very, very much. I appreciate that. Hey, you bet. Ron, thanks so much for calling. Have a great day. All right. Let me take a quick peek here. Folks, see if there's any other questions that have come in by email. It looks like we do have a few. And that's going to be a struggle, probably, to get to them all. But let's take a look at one from Joe. Joe wants to take a look at the JNUG out here. That is the junior nugget. That is, I believe, a long position, but let me get it up on the screen out here for the junior miners, JNUG. And let me switch charts here for you, folks. So give me pages. This screen's my screen. So let's get to this screen. And now what I also need to do is to get back to a set of charts that I can go ahead and pull up so that we can do a review of this instrument. This instrument, again, being JNUG. So JNUG, let's read the question. Can you please look at junior nugget? And at what price do you see an entry for a long position? So this is trading at $61.93. I don't know why this is not pulling up, but come on, pull up. Oh, there we go. OK. So let's pull over the junior nugget. Now, the junior nugget, Joe, gave you the entry point a week and a half ago or so. It did it with his TD9 Count bottom on September 29th. And today is what, the 12th out here. So that was your bottom signal. Now, I'm not going to suggest that you get into this trade right now because price is taking on its key resistance level. And that's at $61.72. And $61.72 is the TD9 breakdown resistance level. If price closes above that, and it's trading just slightly above it right now, that will be a positive and suggest that price will want to move up. Of course, your question is, well, then where is the entry point? So you'd have to be looking for some type of retracement. And that retracement that you'd be looking for, I would go, Joe, to a short-term timeframe chart, such as a 30-minute chart out here, and look for some type of bottoming pattern. We don't have that right now. I wish I could show you what that would look like, but we just don't have that. So I'm going to suggest right now, while price is dealing with resistance, we don't know if it'll clear it or not, is to hold off. Then with regard to, if it doesn't clear this level of $61.72, where is your entry area? Short of a pattern on a short-term timeframe, I would say look in the $54.68 area. Not that $59.11 can't be a support level. That's the top of the daily profile. It's just not the ideal trade setup for you. The better trade setup would be for price to pull back to the oscillator and change line. And of course, then you're going to have to grapple with the fact that price would be moving lower and do you buy it. That's why I say you go to the short-term timeframe charts, look for that bottoming pattern, and at least that would give you the signals that you're looking for. So I hope that helps you out, Joe, with regard to Junior Nugget. Thanks so much for writing in and your patience. Dennis writes in and he says, what's your outlook for the QQQ for the next month? Well, the QQQs are going to have to answer that question for both you and I, Dennis. And this is what I mean. What do you mean, Steve? So as we take a look at the NASDAQ, I'm looking at the NQ, and I know you're asking me about the QQQs, but I just simply have to do it this way. And we're going to take a break here. So we come back from this break, Dennis. I'll have that question answered for you as best that I can. Seabroach with TFNN, we'll be right back. 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. 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The target 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 and hit Watch Tiger TV. Welcome back, folks. So we've got five questions in the queue. Don't know that I can get to those in two minutes, back to Dennis's question. He's asking about what's the outlook for the next month or so. First, Dennis, we are in the favorable seasonal cycle. It typically begins right about now. So if things are on track, we should see a market that moves higher into the end of the year. We typically look for bottoming signals in the indices to form that opinion. And on the trading day of October, the fifth out here or six, I should say, the NQ generated a bullish hammer candle. That completed the A to B equal CD down pattern. It did a rising trend line. And that was a Gartley by pattern. What price has been unable to do is take out resistance. Resistance is the top of that profile, $14,986. If that outcome of price moving up higher through the end of the year is going to come, we're going to see price close above $14,986.65. The concern there right now is that price is below the bottom of its weekly profile, Dennis. And that's at $14,802. It's only Tuesday. But a close below that level on Friday and then next week is going to suggest, forget the seasonal cycle. There's something else going on because the NQ, which can drag everything lower, would generate for us a signal of a change in trend. We do not have that at Tuesday at $155, or I'm not willing to make that call. We need to let the candle close out at session. And that does not come until Friday. So that's the best that I've got for you. You know where resistance is at. You also know the concern. And I hope that that helps you out. Thanks much for writing in. The next question coming in from Pradeep. Pradeep wants to take a look at Tesla out here. So I'll just pull the Tesla chart up. I'm going to be fairly quick with these. Tesla on a daily basis. This looks good. Once it continue higher, what do you mean good? It's trading above the top of its profile on the screen. Oscillator and change line should seek out higher price. As we take a look at the weekly chart, it too looks good. Prices above a TD9 breakdown resistance. This suggests Tesla is going to make its way back to its highs out there. The last question that I can get to, if I can do it in time, is to take a look at what? Facebook for Michael. Facebook right now is not a buy, but it does have wave number seven. That's letter G. And it does have a roadsmint to indicator signal in play. A bullish reversal candle would confirm a bottom, but a real confirmed bottom is a price close above 332. Folks, stay tuned. You've got two more great hours left. David whites up next with the power trading hour. Tom O'Brien, he'll take us on home and I'll be back with you tomorrow on wonderful Wednesday. Have a terrific Tuesday, folks.