 The following is a presentation of T F N N. The Trader's Edge with Steve Rhodes toll free at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now Steve Rhodes. Good day from T F N N. Welcome to the July 19th. The fantastic Friday edition of today's Trader's Edge show. I'm your host, Steve V. 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 day, an extraordinary weekend, an extraordinary life, 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, it means we can find the gift in every set of circumstance that life is gonna toss at us. Today, you and I, we're gonna go check on the circumstance of these markets. We're gonna go figure out what the bulls and the bears, what the buyers and the sellers are communicating to you and I just passed, well, eight o'clock in the morning. That's right. If you're listening in at the normal time frame, it's eight oh seven right now. We're gonna make this show as pertinent as we can for you today, provide you with some numbers that you can take a look at where price is trading in relation to those numbers at the one o'clock hour as well as coming into today's close. Of course, if you're listening and live, I would love to hear from you. So give us a call at 877-927-6648. If you can't call in, we've got you covered. Just send me an email. Steve at tfnn.com. Inside that subject heading, please put radio show question. And of course, in our Tigers Den, any ping will do. So let's go ahead, get this show started on fantastic Friday. Of course, this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to less show right now. Dow equity futures are trading up 77 points. The print is 27278. S&P futures are up five. They're trading out of 3002. NASDAQ futures up 16, about two tenths of a percent to the upside trade. It's 7950. Russell 2000 futures are flat. Trading out at 1558 overseas last evening, you had the Shanghai finish up 24 points, eight tenths of a percent. They hang sang up over 1%. That was 303 points in the Nikkei up at 2% 420 points. The upside in Australia, the S&P 200. They're finishing up 51 points or eight tenths of a percent this morning. We've got Europe is trading higher. The Dax is up one tenth of a percent or 12 points. The FTSE up about one little over one tenth of a percent. That's nine points. She's trading at 7502 out there. Goldilocks trading out at 1438. That's up nearly 11 bucks in silver 1641. That's 21 cents to the upside. Lights we crewed getting in on the action. 69 pennies, one and a quarter percent trade out at 5599 team on futures. The 30 year back six ticks and two ticks on the 10 year note. King dollar is up 236 ticks out there. I've got a 10 minute delay, so it may be something slightly higher than that. The Euro trading lower the pound lower the end lower the Canadian dollar. The Looney is lower. There's your strength inside the US dollar index. And this is a chart that I always like to start off with. Typically, I will lead with this. I didn't this morning inside the newsletter had other things that I wanted to show. But just to give folks a perspective as what's going on across the globe. What's going on inside the futures markets, whether it's equity futures or it's commodity futures or debt futures out there, just to get a perspective on the day and what is going on. Now the first question that came in coming from John and the Tiger stand. And the question is looking at both sides of the trade for the Treasury bonds. And the question is, where's the low risk buy for a long and where is the low risk short for a short out there? John, it's a it'd be pretty easy for me to just simply pull over this chart here. And first to let you know, I have a bearish bias. Now, I don't have a bearish bias. Although you could say I have a bearish bias. It's the daily chart that has the bearish bias. What I mean by that, folks, is if we take a look at this chart out here, this is the daily timeframe chart, you'll notice that I've got actually this little stair step line. That's the weekly oscillator and change. I know the weekly Stevie Green line for those of you that listen to the show. No, we take a look at that green slash red line right now. They're both green out there. And where prices trade in relation to those is very helpful to you and I. So the easy answer, John, with regard where is that low risk sell opportunity? It's a 155 and I don't know if it's a I've got to do the math conversion out here, probably about 155 15, something like that out there. That's Stevie's green line. I say that because what we're seeing is a bounce prices trading above the top of its profile out there. And so that is really the next resistance point. If you're looking for a daily timeframe, where's the next cell opportunity? As far as where would the next buy opportunity be? Well, that would be perhaps down towards the bottom of its profile. But again, I think that what's really transpiring here, John, inside the Treasury bonds is going to be the makeup of an A to B equal CD to the downside. I say that simply because we did see T bonds break through the bottom of a prior box. We have a new box that formed below the prior box. Yes, prices above resistance that says, Okay, where's the next resistance level? That's Stevie's green line. That may be where prices headed to in order to generate an A to B equal CD to the downside that would be as this thing going to let me draw it. It's going to screw with me. That's not the A to B equal CD. You're you're proficient with this. And so you know what it is that we would be looking for. Ultimately, where I believe that T bonds are headed back to is the breakout area, the most recent breakout area. That's 148 13 out there. So that's on the daily timeframe chart. Now, I don't know if your question was with regard to a daily timeframe or some other type of timeframe out there. If you are looking at a shorter term timeframe, by shorter, I'm suggesting a 30 minute timeframe out here than here right now. T bonds are so we were suggesting that T bonds might had higher out there. And the 30 minute chart says resistance is right around the 155 04 level. That's a TD ST resistance line. We saw price poke above it just slightly yesterday afternoon, then it got right back down below there. We see here basically a series of both higher highs and lower lows. So right now, I don't have a good short term buy opportunity level for you. That would have to be 150 405. That's that support area, the potential support air 153 28 is another one. But from the low risk to the short side to be 150 504. No other pattern really that is present when I take a look at the 30 minute timeframe out there. You asked about T bonds, you know, one of the things that newsletter subscribers get each day is this and they get this for many different instruments. We'll kind of go through that this morning here might make it easy for everybody. So John, not knowing the timeframe that you're looking at, here are your TAS market profiles, your TAS market profiles being for a one hour, a two hour, your five hour timeframe, which I know you love the daily as well as the weekly. You also see 150 605. That's a new weekly profile that formed for Treasury bonds formed last week. So 150 605 is a significant resistance level as well. So hopefully this chart here, this set of charts with regard to profiles will work for you and your specific timeframe out there. So thanks for writing in and folks, I want to hear from you as well. 877 9276 648. Of course, you've been listening in at the normal time at now 114 in the afternoon. Don't call in. Not that we don't want you to call just that I'm not there because it's 814 in the morning. So we get back from this first breakout here. Let's go take a look at. Stevie loves to look at because you should love to look at it, too. Because it is one of the keys to understanding these markets, and that is where is the flow of capital going just over the past four days? Where is it flowing out of? Hope you're right back. 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TFNN.com educating investors. Call now toll free at 1-877-927-6648 internationally at 727-873-7618. Welcome back folks. Let's go to our second question. This one coming in from Earl. Earl Wright says, hey Steve, hey Earl. Actually said hi, not hey, but using seasonal times, so he's referring to the seasonal time frame, so let me go ahead and put that chart up on our screen for so he says Earl says, hey Steve, using seasonal times is now the time to take profits and wait for October to buy again. Will the market go back to the June 3rd, 4th levels out here? So first with regard to seasonal folks, if we take a look at the sea, you've heard of the cell in May cycle. Really the market is broken down into favorable and unfavorable seasonal cycles. For example, the favorable seasonal cycle really kicks off at the end of January. Now this is the average of the Dow over the last 86 years out here and right around the end of January around January 30th out there is typically where we see the Dow move higher into May. The first high usually comes in around the middle of May, May 19th. Sometimes it can be May 1st out there and usually we see things chug along then right around June 25th. We get a little bottom one last push into the summertime blues and the summertime blues typically by the way who sings the summertime blues out there by if we take a look at where the summertime blues begins July 21st. Now today's July 19th, 21st becomes what Sunday out there. So are we near that time period where it appears that the markets may be moving lower? Well, what I like to do with the cycle time frames, Earl, is see what the patterns are that are present inside the markets out here. So if we do that and then the other thing here's this chart folks that you certainly want to make sure that you're aware of. Here's the Dow. These are the cash indices, the Dow, the S&P, upper left, upper right and then the Nasdaq lower left and the Russell 2000 lower right. If you take a look at the two upper panels Dow and S&P you can see that prices run right into a trend line resistance level out there. So we're also up against a resistance zone. We're into the potentially where the market would typically turn down. Same thing for the Nasdaq 100 out there. The Russell 2000, which has just simply been trading sideways for many months, has not been able to break above 16 or close above I should say 1602 out there. So everything here points to okay we're up towards a resistance level, then the question is well what's going on in the short term time frame. With regard to the Dow, the Dow here and I'll thank John in the Tiger's Den for in essence pointing this out to me, although when we were talking yesterday it's really not looking at the Dow instead is looking at the S&P and notice the same pattern out there, which is a Tommy DeMarc sequential pattern. Now in the case of the Dow, the Dow confirmed, this is the Dow that we're looking at, it also confirmed a, well yesterday was the confirmation of that TD sequential count, the actual sequential count number 13 took place out here a few days ago on the 15th out there and then it was yesterday's close below the bar of the close for bars earlier that generated the sell signal for the Dow. So Earl you have a sell pattern, valid sell pattern inside the Dow that is lining up with the seasonal that is lining up with trading into resistance. So all I can do is share with you you've got everything in there to in essence draw the conclusion that you have. Now I also want to make this specific statement. I do not believe that the highs that we've seen and even though we're up in this trend line resistance area are highs that are going to last over the course of the next year or so. So that is my take out there. So with regard to trading accounts versus long term retirement accounts, look with regard to any accounts prices up towards resistance, you use that information how you wish, take a look at that seasonal cycle and take a look at the daily timeframe charts and the ES mini as an example on a daily timeframe. It has confirmed a top that's the rose momentum indicator top, the last significant top inside the Dow or inside the ES mini, by the way, took place out here May day May 1st that was with the rose momentum indicator top out there. So there's your your signal inside the ES mini. So you've got that prices trading below Stevie's green line trading within the profile. If you're a conservative trader, you won't get a confirmed change in trend signal. Now look these patterns don't always work. They work enough. I don't mean enough like a flip of a coin enough. They work well much more. Well, well much more. Good Lord, send me back to grammar school. But you know what I mean out here. Here's the point. Here's the number. If you're conservative trader, there's not going to be a confirmed change in trend until you see a key level of support fail. And right now that is the bottom of its bearish structure daily profile. That's 29 69 50. 29 69 50. For those of you not familiar with the ES mini, don't be using round numbers out here. It only moves in quarters out there. You're always going to get to a round number. You know, you get two out of four are going to be round. Well, you've got a quarter 50 cent 75 and then you're at whole numbers out there. So in essence, two, two out of five are going to be 29 69 50 inside the equity futures for the ES mini. If you're going to get to a quarter 50 cent 75, you're going to get to a quarter 50 cent 75. The price closes below that. Then you've got a confirmed change in trend. If we take a look at the NDX one of the NASDAQ, the NQ, I should say it's got a confirmed pattern out here. It's Larry Pes event does a three drive to a top pattern that has formed that has confirmed it confirmed back here. The way that patterns confirm folks is they generate these numbers. You've got a bear sash candle. You've got a key reversal sandals candle and sandal that all taking place on July 16th out there. So unless those highs get taken out and even if the high gets taken out, that's 8001 point 50. What that's going to do is that's going to get you to letter number G wave number seven and a wave number seven that's where you can see changes in trend as well that's where you can see changes in trend as well. So Earl, you've got a topping signal inside on a daily base of the ES inside, which is the S and P 500 as well. If I put that out, there's got the same signals. The NASDAQ, the NDX 100, the NQ and the adult Russell 2000. It doesn't have any signals out there, so to speak, other than the signal of just simply being all out week. So Earl, you've got the same signals. That's where you can see changes in trend as well. Still things pulled back to the June 3rd area inside the ES mini. If it closes below price close below the 29 6950 level, then the answer is more likely. Yes. And no. Yes, because the breakout level, this is where price would then usually pull back to when you see a change in trend. It would pull back to where price most recently came out. The ES mini is going to have to break through that support level. Um in order to get that message that price may head back into those June areas out there. And what you and I are will have to do most certainly is just simply pay attention. If price does continue to go up, then the ES mini is going to have to break through that support level. In order to get that message that price may head back into those June areas out there. And what we're going to do is we're going to get that message that price does continue to move lower. We just simply have to continue to keep paying attention to any patterns that might form on the way down just as we would on the way up. So hope that answers your question out there. So with regard to that, taking that one step forward or what's that next step? So here's what we know. We know that the ES mini. We know that the ES mini is going to have to break through the whole flow of capital, which is what this chart here does. And I know we're going into break. But here's the here's the issue both Earl that you and I have right now. You see the Dow equity futures contract. They're down at every currency except for euros over the last four days. Those are the folks that are buying right now. If you're holding euros, you're not so sure about a cell signal. You know, you don't want to hold onto it. Since 1984, Basil Chapman has been using the Chapman Wave methodology to advise traders of his expert market opinion. Well, originally hand drawing charts from the late 1970s into the 1980s, Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply. Later, Basil found that computer software, which included the standard market technical indicators, enhanced the degree of accuracy in calling price turns, as well as market trend calls. Thus was born the Chapman Wave sequence. Using the Chapman Wave methodology along with other indicators, Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter. 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We just spent some time because of a question that Earl had posed with regard to seasonality. Market top signals, things of that sort of what to anticipate in Earl's asking about going into the to the unfavorable seasonal cycle, which doesn't typically end until the middle of October out here. Now when we the chart that we're looking at right now, it's not actually a chart. It just a set of data, but these are these are these are perhaps the most important pieces of data that you as a trader need to understand. So if the charts are correct, the ES has topped the NASDAQ has topped the Dow has topped out here. What we really need to see is it's not just about how those vehicles are trading in your dollars. It is to you. You really only interested yourself in how is this trading and am I making money or losing money in your currency? You don't spend time sitting there. Typically you don't spend time saying, Hey, what's the other guy thinking? The other guy being the other guy sitting in euros or sitting in pounds or sitting in yen. Okay, primary currencies out there, primary reserve currencies out there. And that's really a must. Think about it like this if out without knowing that information, you're trading with your you have the information it's available to you. It's available to me. It's available to me. It's available to you. So it's available to us out there, and we really need to know if you're playing poker, as an example, those of you that play poker, I don't care whether it's Texas Hold them or it's a seven card, you know, whatever out there. Well, don't you like to know what the other guys are holding? Or if you're playing blackjack, don't you want to know what the dealer is holding out there? The answer that is yes. So then you would pay dearly for that. Yet why aren't you doing that when it comes to the markets and understanding what the dealer has or what the other guy has because in order for something to move lower or move higher and do it in a concerted way, it must be moving higher or lower in all those major currencies. Otherwise, if you're wondering who's buying because if in the term of euros prices still rising and it has over the past four days out there versus it's moved lower in terms of yen pounds and U.S. dollars out there, there's your natural buyer. So that's what this chart here shows up. We also can take a look at the indices, the DAX, the FTSE. You can see each of those over the last four days are moving lower in all currencies out here. So money is not flowing into those areas, okay? It's not flowing into the Nikkei. The Nikkei was up 2%. Up 2% last night, yet it's still down over the course of the last four days. We take a look at the topping signals that came in and they use the topping signals of the U.S. market as our benchmark to figure out what is the global flow of capital. Look, this is the short term timeframe. This using from four days. I know that in order to be short which I am that what I need to see, what we need to see out here. The ES mini you know that's over in the upper right corner of the market is up over in over in Hong Kong. The Hang Seng is a higher in all major currencies out there. Australia. We talked about how they closed higher last night. So you can see a flow of capital into those areas emerging markets up slightly as well. So it's really important to take a look at there. I believe that's important to take a look at what subscribers and I look at each morning is I'm looking at the Dow and ES mini as far as their futures and how they're trading in currencies. This is as of today what's going on what's going on in T bonds out there. So for example John was asking me about T bonds. Where's a good buy or where's a good short opportunity. What John now knows is that in taking a look at this even though we're down just a few ticks three 30 seconds inside of T bonds in dollars. What he also knows is that's not the case with regard to in this case here I'm taking a look at T bonds equity futures the DAX down below and so forth and this is really a helpful understanding of what's going on in the U.S. John but there's buyers over here I say buyers because they're not losing money in their currency. It kind of see what I mean out here so I'm always looking for Hey is there some kind of divergence or not with regard to in this case understanding of what's going on what the subscribers also see each day or each morning out here as they see the task market profiles for daily and weekly timeframes just numerically the top of center and the bottom of the boxes all of these instruments out there commodity futures as well down at the bottom if you trade those you want to know this information you may not use daily and weekly timeframes so Stevie all their pertinent profile levels and for we're all visual so some people like just looking at the numbers just give me the facts ma'am out here for those that are visual they then get this John and I and you we took a look at the same set of charts here for treasury bonds inside the newsletter each day is the visual version of this on the 612300 daily and weekly time frame where you can see the details just give me the facts ma'am out here just simply to assist you with your trading investing you get that for the ES you get that for the NQ you get that for the Dow you get that for the Russell 2000 so if you're trading any of those instruments information is king out there I believe that it is and if this information that if you're trading those with your neighborhood just simply saying be careful be careful be careful out here don't get too caught up in the I am a non-emotional trader I trade by the emotion of the markets we're going to go back to gold. We're going to be confirming bear signals and bullish signals out there. Um and so we'll go. We'll go back to gold. Here's lights. We crude lights. We crude, uh, you know, again, all these different timeframes with their profiles to assist you again. We had already taken a look at T bond. So so here they are. So in essence, that is what the subscribers are seeing each morning. I'd love for you to be a subscriber to get that video. And if you're interested in that video, you can see one of the elements you're going to be using as a guideline is, you know, where's the spot fix index trading in relationship to its 50 day exponential moving average as long as price remains below that. By the way, the 50 day here we can see right now at 8 37 morning is 14 67. We're trading at 13 49 also tells us that there's plenty of liquidity market. That is what the spot volatility index does not matter. The only thing that matters is is it above the 50 day or is it below the 50 day exponential moving average? For proof of that go back to 2009. When it was in the 50s and 60s and 40s. If you take a look at March 2009, and you see when the market took off, you will see that the market took off. You will see that even though it was registered in the 40s or 50s, it was trading below the 50 day exponential moving average. The number doesn't matter where it's trading in relationship to that does. If you're in the CD market and looking for a secure investment, the Tiger First mortgage program may work for you. The security for these first mortgages are building lots in the tax opportunity zone in St. Petersburg, Florida. The tax Act of 2018 set up tax free zones across the country where you can build and hold for 10 years and pay no tax on the profits, which makes these lots valuable. The investment is anywhere from 30,000 to 75,000. The interest paid is 7% yearly paid on a monthly basis. 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Or the other investors may be the market holds up today. Or that was just a bounce to be sold yesterday. Here's what I can share with you is really the facts. George and then you can kind of make that decision out here. And I'll just simply go to the Taz market profile. So hopefully George you've been listening in during the one of the first or second segment. You're going to see a lot of people that are selling their cell patterns and signals that are out there. Now one of the ones that we looked at was the N Q and so the N Q George might be a place that you would focus on and pay attention to today. You're asking was the bounce or was the move higher yesterday overnight this morning. Was that something to be sold? So if we just hone in on the N Q. George because you may or may not be familiar with this or somebody else listening may or may not be familiar with. I'm going to turn off price. You're going to say why are you turning off price? I turn off price because price is irrelevant other than hey where's a trading and where's a trading in relationship to in essence this Taz daily market profile which formed just a few days ago. The importance of this is a bullish piece of information bearish piece of information for you and I depend on where the closes at what we know and it's bearish in structure for the following reason. It's it's because of where sellers are lined up. What the profiles tell us is they tell us where support and resistance is and then that's the top in the bottom. So resistance at 79 75 sellers are lined up there. Just think of it as Humpty at 77 94 that's where all the pieces get put together again. So you've got support and resistance. I always like to think of these lines as my virtual football field and the top in the bottom are nothing more than the first down markers. If you will, they change distance wise. You can see that on the chart here. But then what's really important is that point of control that center line of the box. If it is near or closer in proximity to the top, then you have a bearish structure because there is where both bars and sellers are believe there's fair value with inside this price area. So for Stevie, if you've got sellers there, you also have some bars, but sellers there and sellers just above at 79 75 to me that is lined up. That is resistance. So now if we put price up there, we ask the question out about T bonds, but hey, where's your low risk opportunity to sell the N Q. Well, we know that it's at the top of that profile. It's a 79 75 65 out there. That is the resistance area out here. So George, if price closes above that, I have an expression, which is there is nothing more bullish than a failed bearish pattern out there that would say, well, things would be relatively better. But I think that closing above that isn't going to do it for me. This is going to do it for Stevie, and that is because even though we've got the three drive to a top pattern, if it does take out the highs from July 16th out here and which means that price moves above that profile. Well, then what happens is it gets to wave numbers G wave number seven. I should say letter number G on my screen out here. We're not there because we don't know what's going to happen. We don't know what's going to change in trend out there, whether it's at the bottom or whether it's at the top. So George, is this answering your question? What we know. Let's just summarize what it let's just state the facts. Let's just stay by the numbers. Here's what we know. The N Q has in essence bounced right up into resistance. Does the market hold up today or does the market hold up? Does the market hold up today or not? The key level for the N Q to bust through in order for a change in trend or for that three drive to a top pattern to take hold has to be a close below support 77 94 70 out there. So that's what we know. We take a look at the market profiles out here. We don't have the same test of those highs inside the ES or the Dow. And that's what we know. The message really lies with inside the N Q. In other words, if the N Q can get above resistance out there, then what we should see is the ES mini, which also has a bear structured box that should be able to make its move up to 30 23 level out there inside the Dow equity futures contract. The Dow yesterday, George was giving us the signal that there should be more rally in the next couple of weeks. So let's take a look at what we know. We talked about the bear structured here. You can see the center of the box. Which is at 27 249 much closer to the bottom at 27 175. So we knew that and that's what I was looking for yesterday was a close below 27 175. If we had gotten that yesterday, then George, my answer would be easier to say, Hey, you've gotten the confirmed change in the number of buyers hanging out between 27 175 and 27 249 out there. So hopefully that is helpful to you in interpreting what the message of the markets is, and it really all boils down to the N Q. Now if we take a look at the N Q and go to a short term time frame out here, George, what you're going to see is that last evening at about 6 30 or so you had a TD set up nine count that turned out to be the top of the box, which is 15 59 15 60 30 is the resistance level inside the 30 minute time frame out there. It price moves above that. Um then you would anticipate further rally, um as well this morning. So but you've got your data points. You know, or real resistance, but you've got your data points out there. You've got your data points out there. You've got your data points out there. You've got your data points. You know, or real resistances out here and hopefully that assist you in your with with with my reply to to your question out there. And thanks for the question. Much appreciated. No other questions that have come in that I'm aware of just yet. And so let's go take a look at something John pointed out in Tiger's Den, which was a man Dr Copper has taken off and took off without him and took off. And so what we're going to talk about Dr Copper today is that it's trade above 2.7 425. That is the breakdown line on a daily basis. We can see how that level has held. That's the beauty of the TD set up nine count just because the nine count assists us with a potential top or bottom and also provides us with a key level of where price broke out or broke down. Price gets back to break down areas breaks down. It's not the end of the day, but it's the end of the day. So, uh, Copper was at 2.6 435. You did see a close below it on July 9th. You always like to have follow through follow through means an additional close below the next day didn't happen. Price got back above it said to you and I because it was also bullish candle and a wide ranging bar. Hey, I'm headed back to resistance. Well today that resistance appears to have been taken out. All depends upon the close. The next day. Today's going to be day eight tops can occur on day eight nine the day following for nine. He wrote TFM. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trade that we tigers and tigers is share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how much time you spend on mastering probability. 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It includes a special blend of ionics, oil based vitamins, minerals, fatty and amino acids and an easy to use liquid form. Primal edge is powered by highly concentrated folic and humic acids. Nature's preferred delivery system. They have been called miracle molecules because like sunlight, air and water, life cannot exist without them. That's right page. They ensure we receive all the nutrition we need to be healthy and healthy. Primal edge. Formulated and approved by Niko and page of living a primal lifestyle by it today for just $89. Click on the primal edge banner on the front page of TFN dot com. Hi folks. This is Steve Rhodes. Stay tuned for another great hour of the trader's edge heard here at TFN dot com. Welcome back, folks. So let's go to our last question out here. This coming in from Brent. We're going to take a look at a little bit of a little bit of a look at the $5.54 in the morning out there. Of course, the early bird catches the worm. And so Brett writes in and said, Could you please go over gold anything on the shorter term trade hit 14 54 last night has since pulled back any potential short term top in your counts and resistance levels. Have a great weekend. You too, Brent Brent. First let's take a look at the daily time frame here for today. We're going to take a look at a little bit of a little bit of a look at the 14 42 90 was the top of its weekly profile price closed over it just slightly yesterday. It has pulled back underneath that area. It is a bearish structured box out here with the bottom of the box being at 12 91 40. That's really not going to matter at this. Whoops I don't know what happened there. That's really not going to matter come into play until price has gone up and down the bottom of its daily profile and the center line of its bearish structured weekly profile, which is at 13 92 40. So here's what we know so far prices. Resistance has held inside of the gold contract. What else do we know about gold? Well, what we know about gold is we take a look at this daily contract and Stevie's other tools out here. Price was moving higher, doing less relative energy makes wave number G letter number G number G letter number G number G letter number number G letter number T and that cannot be confirmed until Monday out here. But you do have now two additional potential topping signals on the daily timeframe out there and you know, it says, Hey, price could pull back into the 13 36 level out here. So that's what the daily timeframe chart is telling you and I the weekly timeframe chart has to the right side. Confirmation took place a few weeks ago when the shooting star candle formed out there. Brent, I don't have anything on the shorter term cycles. Here's the 30 minute pattern. The 30 minute chart out here. Nothing to identify top or bottom. Watch 14 22 10 on any move lower. If that fails and price continues to move lower. Folks, thanks much for being here. Stay tuned for a great look at what's going on here.