 The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good morning, folks. Welcome to the November 14th, the terrific Tuesday edition of today's Trader's Edge 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. Let's make sure we have an extraordinary one. Now, the easiest way to do that is to always remember that life is happening for us, not to us. That's right. When you and I make that one little two-by-four shift, it means we can find the gift in every set of 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 bowls and those bears are communicating to you and I at just past 11 o'clock in the morning. I want you to know I'm absolutely grateful for your presence here, but even more important than that, and that's this. During this next 53 minutes, I am here to serve you. So feel free to pick up that phone. We'd love to hear from you at 877-927-6648. Now, if you've got a question, which you can't call in, we've got you covered there, too. Go ahead and send me an email. Send that off to Steve at tfnn.com. Please send it off early and in the subject heading, if you would be kind enough to put radio show question. Now, of course, if you're inside our Tiger's Den, well, then any and every 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. Sea of Green out there. All the sectors inside the S&P 500, all the U.S. indices that we track are trading to the upside. That was up 534, S&P 89, Nasdaq 319, Russell's up 79, Semai's up 122, Trani's up 509. We'll figure out where all these are headed to. Gold's up 19 bucks. Silver's up 83 cents. Light's recouped us up a buck 19. Natural gas is back four cents, so 30 treasures up two points. 1510. Leading the charge, dollar-wise the upside Mercado Libre. 55 bucks, 4% move. Blackrock, nearly 5%, 32 bucks. Ceramonic power systems, 29 bucks, 5 and 6, 10th percent. Idex Labs, 25 bucks, nearly 6%. Equinex, 25 bucks, 3% move there. To the downside, micro strategy up 3%, 15 bucks, 12% for Celsius holdings. That's 12%, 12 bucks. McKesson Corp. down 10, 2.25%. You got Sea Limited. This is down 8 bucks, 17% move there. So we got movers and we've got some shakers. But let's begin the day by looking at those equity future contracts. We're going to switch the panels here, get a feel for where things are headed, what they're doing, what they're not doing. So the first place that we're going to start, now we've got the daily and the weekly time frame charts out here. On the daily time frame, first of all, there's no A to B equal CD pattern out here. Even if I were to try to force one, I've got to use the same candle, which is a little bit of a different point, if you would, as the high and the low. And Stevie just doesn't like to do that. And it's really not an A to B equal CD pattern. It's just a straight move to the upside. Well, here's what we know. Where's the next level of resistance? In the ESMini, that's its TD-9 count breakdown level. When you close above one, which ESMini did on Friday, you'd likely go to the next one. That's at 45.66. 45.66 is a likely next price target. We're 45.15 right now. If you look at the weekly time frame chart, price now is trading above the top of its profile out there. And it's green. That is a bullish outcome. So there's nothing here in the daily or weekly that suggests that price should not make it all the way up to that 45.66 level. But we take a look at the NQ. The NQ is trading above. It's negated its TD-9 count top. That's assuming it doesn't sell off and close below the low from a couple of days ago. It doesn't look like that's a likely outcome. That's about 15, 7, 19, 75. That's its TD-9 count breakdown level. Well, all we have to do is look at the weekly time frame chart. And we can see the weekly time frame chart shows prices above a green oscillator and change line tells you of a rising price oscillator above zero. Those are simply bullish conditions. That does not going to help us identify a top out there. We've got to use other tools for that. But what I can share with you, inside the NQ, inside the ESMini, those are very bullish conditions. The weekly chart on the Dow, YM out there, not the same condition. Neither is it for the Russell 2000. But in the case of the NQ, we know that price is trading inside its sell zone. And the reason it's a sell zone is because it's a bearish structured profile. And a bearish structured profile, we've got the center where both buyers and sellers reside closer to the top where the sellers are located. So the sell zone is between 15, 7, 27, and 16, 130. No reason for it to not be able to make its way up to that 16, 130 level. If we take a look at the Dow, again, it's a steady pattern, just a straight line type move out there. The Dow going to go target or should target 35, 357. 35, 357 is its next TD, is its next TD-9 count breakdown level. On the weekly chart, price is trading above the top of its profile. It's a red oscillator and change line that tells us that right now I just on a weekly base have to consider this a counter-trend move. It does increase the odds of a further counter-trend move to the upside. 357 looks to be locked and loaded. And if we take a look at the Russell 2000, its price target out there is 1800.90. That's its TD-9 count breakdown level. If price is able to close above that, it joins the ranks of the Dow, the YM, the NQ, the ESMini, and likely heads to higher ground. That's great, Steve, but where's higher ground? Well, there we turn to the weekly time frame chart. And there it's that weekly profile level. And for the Russell 2000, 1841.90. If we're going to close above 1800.90, likely what we see is a move to 1841.90. And that covers the daily and the weekly equity future contracts. Now, what we're going to do is we're going to flip back to my black background screens. We're going to go take a look at New York Stock Exchange Advanced Client Oscillator. I know Peter in Park City was probably going to ask me about it. He hasn't yet. But I'm thinking maybe he was going to. Oh, he did put in there New York Stock Exchange Advanced Client Oscillator, please. How about that? You got to it now. I don't know why I could read your mind. But in any event, let's go take a look at it. Right now, the conditions that are in place are the exact conditions that you and I have discussed for the last couple of, but for about the last four, five, six days out here. That's when that Advanced Client Oscillator, that's a difference between the 19 and the 39 period expense moving average of the advanced decline line. That oscillator, when it gets above plus 150, gets into the overbought condition. Now, in this case here, this is back on the trading day of November the 6th, November the 3rd, my apology. November the 3rd, the reading gets up to 274. 37. Now, the cool thing is, that tells us that we're likely going to see higher highs. Well, that's unfolding today out there. It's always the way that it has worked in the past. That's the way that it worked this time as well. But now the key thing is, do we make these higher highs and the Advanced Client Oscillator ends up making lower highs? That is how the other tops have formed out here inside the New York Stock Exchange. Now, we've got to go back and research those tops to see what patterns are present. We can do that at another date. We're not going to do that as we speak right now. But as we speak right now with regard to this setup here, we just have to be on guard. I don't want it to sound like it is just bullish to the end of Kingdom come or anything along those lines. Now, if this pattern gets negated, which it can in order for it to get negated, we need to see that Advanced Client Oscillator get above the plus 274 level out there. Is that going to unfold? I don't know. I don't think it's likely to unfold, but anything can happen out there. This is not something to act on, but what it does show us is the pattern that has been present for the last three years is present right now. What else is there for me to share with you? I don't think anything else on these screens. So we come back to the break. We only have one request. Why don't we get that request out of the way? Of course, I'll feel more. But if we don't have more, I've got things for us to take a look at. Currency pairs. Let's take a look at the euro, the end of the pound, take a look at gold, the GDX, things along those lines. Steve Rhodes with TFNN. We'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them, using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a look at what's going on in the stock market. We'll be right back. We'll be right back. 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 a daily basis, you might find that it's not so impossible after all. For a daily basis, 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 in stock prices. Get the Opening Call newsletter with 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.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 it number 2 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 for 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 for David and Panama City David is Long-Tessa and the question is if the gap is filled, what do you do then? The gap he's talking about would be at which price he's trading into right now. That's the gap that formed on the trading day of October the 19th. Gaps down. So the gap that he's referring to is getting up to the 242.08 level. That would be the bottom of the gap. What we can see out here, David, is that we've got an A to B equal CD to A point, or B point I should say has volume of 190 million shares. So far today, it's done 62 million shares. So it's got the volume confirming an A to B equal CD to the upside. Now, that gives you a one-to-one price projection around 237 with regard to Tesla if we take this back so the first to answer your question specifically what you're looking for because this A to B equal CD pattern doesn't matter anything really about the gap is that if you were to see a bearish reversal candle and you don't have that today today is a gap to the upside that is a bullish signal. It's really a wide-ranging bar if we fill in that gap, so to speak. And so that is not how A to B equal CD patterns complete out there. So odd's favor, what you're watching for is a bearish reversal candle. A bear sash, a bearish engulfing, a shooting star, something along those lines. And if you get that, that wouldn't be your sell the D-point. That would be your signal to go ahead and jettison that position out there. Until then, you probably want to continue to ride this to the upside out there. And again, we're taking a look at Tesla. And again, it's got some good volume as we speak right now. What else can we share with David in Panama City? If we take a look at the weekly timeframe chart, that has a confirmed Gertley bi-pattern that did that three weeks ago. Price is now regained or is attempting to get back to $235,000. So the next resistance level on a weekly base, that is David for Tesla, is that around $237,883. That number is going to change slightly as price moves up and down. Just call it $238,000. So if price can close above that, then in the weekly chart, you would have a rising price on above zero. Bullish conditions would say $250,000, $233,000 would be the next price target. On a weekly basis, price right now is trading above profile, above resistance. That's at $229, $229, $53 out there. As long as price remains above that, $248,991 becomes a price target. So what do you do? If the gap gets filled, I think because it's an A to B equal CD to the upside unless there's some other pattern that unfolds, you stay with it until you get that bearish reversal candle. Let's go take a look at some currency for everybody else that's out there. We've got the US dollar index that is trading much lower. In fact, we'll switch over and take a look at that. Then I'll come back to take a look at the three primary currency pairs that make up 83% of that index. And here we're going to switch over. Take a look at the US dollar index, and you're going to see an A to B equal CD pattern to the downside. Now, the retracement on this is about a 55% retracement. When you do less than 0.618, and this is certainly less than 0.618, that's favor more than a 1 to 1 A to B equal CD to the downside. But all of this is going to be predicated on the euro, the end, and the pound out there. But as long as there's a close blow of 104.69, the price targets to the downside are 103.66 and 103.04. Once it gets to the 103.66 level, if there's a bullish reversal candle, that would confirm a currently by pattern. Now let's go take a look at the currency pairs that make up, or the three primary currency pairs that make up the US dollar index and see what they're signaling to you and I. To begin with, we look at the euro. The top portion of the screen is the daily time frame. The bottom portion of the screen is the weekly time frame. You can see on a daily basis it says a TD9 account bottom. Price right now is above that red oscillator and chains on it. It's struggled to stay above that. A close day above 1.194 accomplishes that task. And if price can close above, and this would be the A to B equal CD to the downside that would then help to confirm that A to B equal CD to the downside in the dollar, all that the euro needs to do out here is close above 1.199. We get a close above that, then you can have an A to B equal CD to the upside in the euro, and that most certainly will send or should most certainly send the dollar lower. The US dollar Japanese yen what that is doing out here is, oh, just wait a minute here. Jesus, I don't know why this thing does that. It's already in the euro. Sorry about that. We're coming back to the euro. The euro is negating a sell the D point pattern. That sell the D point pattern actually formed out here in the trading day of November 16. But notice here, if you take a look at that A to B line, and we move this over to the C point, see how price was along the left side of that? That was telling us that likely this was going to do more than a 1 to 1. Well, that more than a 1 is coming to fruition today. Now where's the next price target area? Much like the advice that I provided in the city, when you're in A to B city to upside, once you've passed or passed the 1 to 1 level, a bearish reversal candle is going to confirm the next top. That top out here would be a Gartley sell pattern. Short of that, price will go target the extension levels I don't have. That was factored in on the system here, but a price could be targeting all the way up at 1.1065. Now in a weekly time frame, price closed above. It's also in a change line two weeks ago, back below it last week, back above it this week. It's telling us about a target in that same area 1.065. If we take a look at the Japanese yen, today would be a confirmation of a road momentum indicator top out there. You're trading below the green outside in change line tells us its losses momentum likely headed lower. That would then put strength or weakness into the US dollar. As the Japanese yen on this chart here moves lower, it gets stronger, the dollar would get weaker. It's the opposite for the great British yen. This tells us that there is an A to B equal CD pattern that is forming. Let's go draw that in. Here we're going to use this swing point which is down here in the trading day of October the 26th. That's our A point, our B point out here. It looks like on the day of November 16th. We're just simply going to go ahead and copy and paste. We're going to use that CPA knowledge that Stevie has out there and the question is, can he pull it off? He does pull it off. He's a cut, paste and that A to B equal CD pattern is going to take us up beyond the TD 9 cal breakdown level. That's at 1.2506. That's where it should target and if he can close above that that would be both bullish but it's just fulfilling that A to B equal CD pattern. Now we can see that along the CD leg priced along the strong side that would be the left side of this pattern out there. That suggests a further move higher. If we take a look at the great British pound out here on its early timeframe, this would be the first time we could have a close above on a weekly base. We don't have it just yet but this could be the first time that we have a close above that oscillator and change line since July 28th and if we get that that would be a change in trend signal and suggest to move up to the 1.2873. So when we take a look at the currency pairs here, they're supporting a further move lower inside the US dollar index. Let's go out to Niagara Falls and speak with Michael. Michael, thanks for calling. How are you today? Hi, thanks for taking my call. My pleasure. I'm looking at the VIX and the S-VIX on the daily versus the weekly and I've noticed that, you know, tomorrow is the VIX exploration. There's a roll over from November to December, right? And I've also noticed in the past that whenever the CPI is released, there seems to be some kind of a trend change in the market. So I'm looking at the behavior of the S-VIX on the daily today and it didn't hold the times. It basically popped up at the open and it's been fading ever since. Right, right. Well, let's do this. We're about to go to break. Michael, please stay with us. We'll come back to you. We'll go ahead and analyze the spot VIX index for Michael in Niagara Falls. As a precious metal, gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market, the US futures market and the Shanghai Gold Exchange. The Gold Report. Tom O'Brien publishes his weekly Gold Report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African RAND as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report. New subscribers get a 30-day money back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN you'll get advice and guidance from the authority in technical market analysis and it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV live every market day from 8.30am to 4pm eastern for free. 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Michael you're in luck here. I was able to go back to my seasonal charts and that's what I've got up on our screen right now. These are provided to me by the folks over at Season X. Great. You're looking for seasonal chart patterns. These guys have got it all now. What I'm able to do here, I've got 33 years worth of data of CPI reports. That's all that this chart is showing is the market behavior. This is the market behavior of the spot volatility index, both 10 days prior and 10 days post and you're sort of right in that. But now you're saying that what your experience has been that after CPI report the very next day you see the spot volatility next move up. What I can share with you is what this looks like is that this shows us that actually in that red vertical line is today and this shows us that when that consumer price index comes out we typically see it move lower for three consecutive sessions out there. Now that's over 33 year period. We can we can reduce that. We can go from 33 to 25 see if there's any difference. No, there's no difference there. That's still three days. Let's back it down to 15 years worth of data. Same thing when we take a look at 15 years worth of data, 10 years worth of data, the same thing. So what I think here is I think your observation is correct but I think you're off by just a couple of days at least based on this tool here. So this would then suggest in fact if the spot volatility index is likely to head lower for the next couple and this over the last 10 years it's just been a two day after the second day then it moves higher and if I look at five years worth of data, well five years worth of data is perhaps what you're looking at that shows that we move higher for one day and then back down. But I'd say that the larger trend is more than just, you know, five years worth of data, more likely the 10, the 15, the 25 along those lines out there. So I hope that that information at least helps you out. What is it that you're planning on doing with this information? Well, I'm trying the time to talk here like I am quite surprised by this move we've had since October in the 27th and I've noticed I've looked at the charts before and I've noticed for example October 2022 CPI came in red hot. So initially they sold it off but then the VIX came off and the market rallied and had a nice rally into the end of the year and I'm thinking maybe this could be the opposite, you know the CPI cooling now and the VIX may have bottomed. I'm looking at the inverse, the S-VIX S-D-I-S is not behaving well. It may it's high at the open and it's sold off since which is unusual. Right. So the S-VIX what is that tracker? That's one time short VIX. Short. I would just say I like to trade this when the VIX is really high like 30, 31 you see when it gets to a major limit and I've noticed that there's a lot of activity on these things when the VIX pops out you see you just get in you scale in it's like riding an elevator it's just chugging and chugging along up and down just trending upwards. Let's do this here. What I've got on my screen right now because you had made a comment you were surprised about today's activity so I want to help with the unsurprised so to speak and what I have up here right now is I've got you know you're talking about the VIX or really also and you're trying to time the top what that means is you're really trying to time the top of the S&P 500 so now we take a look at the S&P 500 which is what I've got up on my screen here I've got the S&P 500 it's shown in major different major currencies in the upper left as an example this is the S&P 500 in Canadian in the Canadian dollars in Chinese one you can see we're trading above last weeks now these are weekly charts we're trading above last weeks high out there that's a bullish outcome if we take a look at the spot politics in euros out here that's targeting you're trading above last weeks high that's targeting the 4255 level if I come all the way down here on the right hand side in the middle that's the S&P 500 trading in yen now let's just say Michael you're sitting over in Japan and you're trading the S&P 500 and it's your local currency this has been in a full breakout mode for the last two weeks out here so those people are not taking a look at the S&P 500 and saying there are sellers those people are bulls and if you take a look at the S&P 500 priced in pounds out here it's back to its highs it's all time highs from back on September 11th 2023 out here the point of this and if we take a look at it quite frankly the S&P in Australian dollars it's very close to its all time high from September 4th of 2023 the point that I really want to make here is you can't just think in terms of now you might I don't have Canadian dollars I should put that out there for you but that's your local currency base so you're thinking in terms or should be thinking in terms of Canadian dollars traders in Japan in Asia using yen as their currency they're looking at this instrument trading in their currency not in US dollars the same thing for the folks in the UK the same thing in Australia out here so what we have going on is we have international participation in this rally and that's really important to understand and it's really important to understand at times like this times like this what do you mean Stevie times like this when you're in war torn areas out there and in war torn areas money flees where's it going to go let's just say you're over in Europe Michael where are you going to go ahead and park your assets to get it out of Dodge well it turns out the US is a pretty good place even the US dollar even though it's pulling back today out there so that just simply the point I want to make and try to maybe take away a little bit of the confusion we're looking at weekly charts out here the rally participation we cannot just think in terms of US dollars only if we do that we're going to miss out on the message of the markets okay well that's very educational thank you very much you bet you bet that was Michael in Niagara Falls let's go to our next request out here this is coming in from G-Man and G-Man wants to take a look at Apple so we take a look at Apple out here what do we know well Apple is actually going to this might help Michael in Niagara Falls Apple is going to go ahead and complete a TD 9 count pattern today so to the extent that we believe that Apple can drive the markets we really want to pay attention tomorrow to today's high what is today's high so far I don't know what it will be at the end of the day but today's high so far 187.73 what should unfold out here am I on that screen not on that screen give me a seconder sorry about that I think that might have been Alan my ear that was the bell of hey Stevie would you change your screens already out there you can see you can see the A to B equals CD pattern I can get rid of that but today is going to be the bar following bar number 9 and so if Apple can trade above tomorrow can trade a close above not trade above but close above today's high whatever that is indicates that signal it says it wants to continue to move higher in an Apple's case much like we took a look at for for Tesla you'd just be following the A to B equal CD pattern the next bearish reversal candle would identify a sell the D-point or a Gartley sell pattern the weekly chart on Apple is bullish out there G-man and on the monthly chart you're trading into the sell zone and that sell zone is right around the 186 where we're trading right now 186 and change at 198.23 so with regard to Apple you just have to be careful why do you have to be careful well when you make a top on a daily you typically see a top on the short-term time frame chart and voila we've got roads meant to be catered top that says you've really got to watch 183.53 if price closed below that Apple would be signaling to you and I that we've got to change in trend until then that's not the signal see roads with TFN and we'll be right back Tigers have you ever 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investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four side fund services LLC this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ take a look at charts here for Amazon this for G-motion inside the tiger's den and on a daily time frame out here what do we have we don't have any kind of topping pattern or signal whatsoever a couple days ago this on the trading day of Friday November 10th what price there was a negated is TD nine count top out there so a price right now is taken on resistance G-motion and that is the bearer shooting star candle that confirmed erosement and indicator top on a weekly basis the week of September 15th and that high out there is 145.86 now we're trading above right now but you want to see a close above it at week send if you get a close above it that tells you we likely move higher out there should be above all resistance areas that you resistance right now on the weekly time frame of course erosement and indicator at this moment time is still triggered so if there were another bearish reversal candle that would confirm a top as well on the monthly time frame with a monthly time frame very likely is going to confirm a TD nine count top in November it will complete that pattern in December out there so that says just be careful of those patterns but those patterns need to get confirmed that there's a or that pattern I should say on the monthly time frame you're going to see some type of change on a daily and a weekly time frame and even on the 30 minute chart which we don't have right now so Amazon looks like it wants to continue to trade higher but G-motion it has got to deal with that resistance up that September 15th high Nancy wants to take a look at Microsoft out here so I'm really glad that we're taking a look at Microsoft, Apple and in case of Microsoft just like in Apple it's going to complete a TD nine count top today so again we don't want to get too euphoric here we took a look at what we've been anticipating at least what I've been anticipating for the New York Stock Exchange and how it has typically formed its tops when that price outsider gets up to that level out there and I'm not talking about like some type of well I don't know what I'm talking about just yet that's probably a true statement period I was going to say I don't know whether that's the top for the rest of the year or not I don't want to go down that path here but what I can share with you with regard to Microsoft Nancy and you're looking for short term resistance and support more importantly what you need to be focused on today is the fact that it's going to complete a TD nine count top now what should take place is price should pull back that's at $364.79 a word of caution on that and I'm glad that Michael was talking about the VIX and then he mentioned about you know it seems unusual and that led me into sharing with each of you out there hey guess what take a look at how the S&P is trading in other currencies out there as otherwise we're going to only think of ourselves and if we only think of ourselves that usually doesn't lead to a very great outcome out there so this pattern could get negated and now all that requires that's a daily nine count is a close above today's high whatever that is the monthly weekly chart looks very good the monthly chart looks very good out here so you just got to be concerned about the next few days action but if price close above today's high then Microsoft continues to head higher so how would you trade Microsoft right now wouldn't do anything with it done a 30 minute if you're not in it if you take a 30 minute time frame chart here for Microsoft we've got a TD nine count top that is completing as we speak right now so see how this pattern unfolds now that's the 30 minute bar that's going to complete at noon see what that high is by noon if price is close and above it on a 30 minute basis that topping signal gets negated and tells you about a strong upward momentum move for that time frame let's go take a look at Palantir this is for Duncan Steve inside the Tigers then PLTR is a ticker symbol we take a look at it what do we see we see an A to B equal CD at the upside as it's been confirmed with volume I don't know let's go find out but the B point was a trading day of November 7th and that did volume of 56 million shares and yesterday it was passed with 92 million shares so there's a gigantic A to B equal CD at the upside now I'll type that in but before I do that I'm really just looking at the weekly chart and the monthly chart and the weekly chart shows resistance here so prices trading into it's Rosemont Dominicator top bearish shooting star candle formation August the 4th that had 468 million it's only Tuesday so I don't know how to really do the straight line math but you're at 121 out there again that's going into 468 so pay attention that volume but resistance here regardless of the A to B equal CD pattern Duncan you've got resistance at the top of that weekly candle and that's up at 2024 price able to take that out then that daily A to B equal CD pattern we'll go ahead and draw that in well actually there's there's there would be a couple I'll use the more aggressive A to B equal CD pattern that didn't work nice job there Stevo that could look like this and that is certainly a straight line and we just going to move this all the way up here and if this comes to fruition this says that Palantir gets up into the 2268 level we are not willing to make that commitment unless price takes out that bearish shooting star and that needs a close and a weekly base of 2024 so Duncan hope that helps you out thanks much for the requests satish inside the Tigers done wants to go take a look at ticker symbol L I N that's Lindy PLC out here we take a look at this this has got an A to B equal CD pattern was it confirmed with volume well the B point the one that's labeled bar number seven the trading day of November 3rd did volume of 1.3 million shares it was passed with 1.378 and then it was yesterday with 1.4 so now you've got a confirmed A to B equal CD to the upside let's go take a look at where that gives us a price projection to on the daily time frame now this is just an estimate here I'm not trying to be exact right to the T but I'm pretty darn close to that T so the one to one area would get us up satish towards the 418 level if I look at the weekly time frame chart the weekly had a TD 9 count top that was negated last week that swing point which was from August 4th had done volume of 8.2 million shares last week the volume to the upside was 8.4 million shares so you've got a confirmed A to B equal CD to the upside in the weekly and the daily the monthly is negating a TD 9 count top that TD 9 count top formed in July of 2023 as long as price closed we'll have 391.61 this looked like this once it continued to move to the upside now the 30 minute basis I see no top at all so satish stay with Lynn it looks like a winner to stevo let's take a look at Broadcom AVGO is the ticker symbol now I've got to start putting these in here I've only give myself a 4 to load up on but this for Bogart dog and he wants to know is this breaking the consolidation well whether it is or it isn't Bogart that's not what I'm going to focus on today for you instead what I'm going to focus on for you today much like we did for G man with regard to Apple and Nancy with regard to Microsoft and you guess what you've got today to barn you've got a TD 9 count top that is going to complete today so this is special these are three of the top 10 instruments top eight instruments quite frankly inside of the NDX 100 each now with TD 9 count tops the daily doesn't have that but it's really important what's going on in the underlying instrument so mark today's high Bogart and if praise close above it it tells you this wants to move higher the weekly is trading above all resistance so too is the monthly it's the daily that's going to be the fly in the financial ointment so watch today's high whatever that is we can come back to the consolidation breakaway I see an A to B equal seeded the upside as well that would say that a bearish reversal can on a daily base would generate a sell the D point pattern Steve Rhodes with TFN and we get back to this break where to take a look at IVRX for art and the EEM Steve Rhodes with TFN and we'll be right back 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 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the market before you trade try any of our great newsletters risk free with our 30 day money back guarantee just visit the newsletters tab on the front page of TFNN.com TFNN educating investors folks let's go take a look at IBRX this is for art art let's take a look at this chart what is this doing here we've got them up on our screen right now so IBRX is just consolidating with inside its daily profile it's got a TD9 count top price is in a bullet structured profile it's above the center there and it's above the green also on change line art IBRX should make a will up to resistance first level resist going to be 381 above that count top that was on the day of November 3rd that high out there is 405 weekly chart looks good monthly chart is dealing with resistance that's resistance of the top of its profile that's at $3.50 out there so overall things look like it wants to move higher for IBRX thank you so much for the request the next one is to take a look at for this for Duncan Steve inside the Tigers Den as well now forward here I don't really have a bottom pattern per se that I can see I need more time we to look at it doesn't matter prices trading above the top of its daily profile and Duncan as long as price can close above 1032 and certainly do for two consecutive days price ought to start making a run for that gap that gap that formed on October the 27th I see an A to B equal CD to the downside in Ford but it looks to me like it has not achieved at least that one to one level out there so it does not have a completed pattern to the downside on a weekly basis and prices below its red oscillator and change line so Ford is I think we're seeing just a nice little bit of a counter trend move right now on a monthly basis prices also below support and that's the bottom of its profile as well so I'd be careful with regard to Ford Duncan Steve but on a daily basis and you're just trading it things look okay as we speak right now lastly I guess we'll close out the show take a look at the EEM out here the EEM right now it looks like it's going to form an A to B equal CD to the upside and that is passing a B point that formed out here on November 6 that B point in volume of 32 million shares today so far this has done 16 million shares so it looks like it will have the volume the one-to-one price projection would take us up into the 4061 level if I look at the weekly chart there is nothing to suggest that that can't happen nor is that the case with regard to the monthly chart so watch that daily out there watch today's close looks like you've got an A to B equal CD to the upside folks thanks for joining me on terrific Tuesday hope to see you on wonderful Wednesday but please have a terrific day be safe out there I'll look forward to seeing you again soon take care