 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 morning, folks. Welcome to the March 15th, the fantastic Friday 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. Hey, 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, well, it means we can find the gift. In every set of circumstances, that life is gonna toss at us. Now, today, you and I, we're gonna go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning. 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. I'd love to hear from you at 877-927-6648. Now, if you've got a question, but you can't call in, we've got your back. You can send me an email. Send that off to Steve at tfnn.com. Inside the subject heading, please put radio show question. Of course, if you're inside our Tigers then, well then any and every ping will do. So let's go ahead and get this show started on fabulous, fantastic Friday. Of course, this is Tiger, Financial News Network. I'm Steve Rhodes. Welcome to the show. Right now we got a mixed bag out there. The mix is really coming from the Russell, which is up seven points. The other U.S. indices trading to the downside. For example, it dows off 59 points. The S&P's down 22, Nasdaq 151, Semi-Zerof 11, Trendy's down 25, New York Stock Exchange down just slightly. Gold's off two bucks. Silver's up 48 pennies. Lights recruit is flat. Natural gas is off four cents. 30 Treasury printed out at $1,820. Our leader in the clubhouse to the upside, Madrigal Pharmaceuticals, a $35 move, 14% there. Coming Zinc, a $9 move, or 3%, and Vinny is up 9 bucks. Watsco is up $8, 2%, Intuitive Surgical, an $8 move. That's a 2% move as well. Getting hammered to the downside, it is Adobe. Now in 78 bucks, 14% move. Booking, holding soft 42, a little over 1% service. Now is down 37, all the beauty's down 32. J. Bill, Link is down 23. So we got movers and we've got shakers. Let's begin our day by taking a look at the equity future contract. So let's take a look at the four horsemen out here. Upper left is the E.S. Mini. Let me turn off the trend lines. You can see prices traded in the trend line. That's not really what we want to focus on at the moment. We want to take a look at is the new profile that is attempting to form. In fact, let me just turn off price right here. There we go. So you can see this profile. I don't know whether this is going to hold or not. This is different than the profile we're going to take a look at when we go take my white background chart. But right now, you still use both. You still want to notate this information. This profile has been changing all morning long here on my black background chart. It's been pretty steady for the last, like it looks like for the last couple hours on my white background chart. Support 52, between 52, 12 and 50, 201. Resistance up at the 52, 57 level. Let's go ahead and turn price back on. No other new profiles. When we take a look at the NQ, let's open this up. Let's turn off those trend lines. So when price closes above a barest structured profile, it doesn't matter what the timeframe is. When price pulls back, if it's just a counter trend move, what I have learned, what I have experienced is that where price will find support is at that center line, which is 18, 028. We've seen a low of 18, 029 this morning. Watch 18, 028 come the end of the trading session. Why? Because the price closed below that. Odd's favorite that we see moved down to 17, 761. There's no new profiles inside the Dow, the YM out here, nor is there any new profile inside the Russell. What's transpired so far in the case of the Dow and the Russell price is really just testing the top of its profile. The Russell 2000 also testing the top of its profile. So let's go from here and then let's move over to the white background chart. So we're gonna focus in on the EES mini because that's the one that's got the new profile that is formed. So we'll switch over to those charts. I'll be there momentarily. The upper left hand corner is where you're gonna wanna kind of focus your eyes. In fact, what I'll do, I'll just simply expand out the chart. Let's do that. Now we can see here that this new profile has the same resistance level, 52, 57. Oops, go live, hold on. There we go. Okay, so 52, 57. That's steady. So you know that is solid resistance. Of course that is the all-time high. That's the high from the trading session of March the eighth, which we're still trading inside that candle as we speak right now. The support area here is 51, 67. So remember on the other set of charts that we were looking at, we had a support at 52, 01. This one is 51, 67. So you use them both. 51, 67 I think is real key area. Now the interesting thing here, if you notice from a profile standpoint, so we're talking profile folklore here, is that this profile formed above the prior profile. That tells us that from a profile standpoint, the trend is still in place and that trend is to the upside. In the case of the ESMini, we do not have a topping pattern for its daily timeframe. We do on weekly timeframe and that's a TD9 count pattern. I don't have the weekly chart here to show you, but I will switch over to those so we can take a look at those for each of the four equity future contracts. Now, we look at this multi-set of timeframes out here. We can see a 15 minute TD9 count bottom that has taken price right up to resistance. Not exactly what you want to see if you're a bull out there, even though it's a 15 minute chart, it's still telling us that this could turn down, could absolutely turn down. If we take a look at a 30 minute timeframe chart, I don't know if there's an A to B equals CD, but let's take a look at it. Let's open up this chart, see if there's a, I'll try to open it up. Yeah, so let's see, I see A to B. Let's just see how well this measures out here. That's good. This is going to be approximate. I'm not trying to get it exact to the tick. I just want to see generally speaking because that's really the way the ABC program works anyway. So now let's pull this back and you have, I don't know. I don't think that's enough to tell me that this is completed by the D point pattern. So instead what we have on a 30 minute timeframe is price consolidated with inside its profile. Its resistance level is what it hit. So certainly you want to respect that, that resistance out there and that profiles up at the 5202 area. That's on the 30 minute timeframe chart. Let's go ahead and slide this back down, see what else we see out here. We can see that on a 240 and a five hour timeframe chart, price pulled back. These have this, the 240, four hour timeframe chart as a Rosemont Diminicator top took price right back to its breakout level of support of 51.76 and a quarter. So I would say this, we can see 51.76 is a key area of support. You got this new profile, 51.67. So it's going to be a close below 51.67. It's going to tell you that we've got a profile change in trend signal inside the S&P 500 or that we may because you still need to see two consecutive closes below that area. Let's go flip over and take a look at the daily and weekly timeframes for each of these here just to kind of wrap this piece of it up. If I could find that daily, weekly, here we go. So the bottom portion is the weekly timeframe. You can see a new profile inside the Yasmine at 51.22. So you got the 51.22 on the weekly and you've got 51.67 on the daily. So what does that tell you? That says if we see a close below 51.67, we know where price is likely headed to 51.22. That's a beautiful thing. If we take a look at the daily timeframe chart for the NQ, we've already been through that. The weekly's got a TD-9 count top and price right now is pulled back into its buy zone. That's right. So on the daily timeframe, you have the NQ hitting its counter trend area where we would find support. And on the weekly timeframe, you have price that's pulled back into the buy zone. What's the buy zone? It's a buy zone because the center of this profile is a bullish structure profile closer to the bottom than to the top. So this tells you you got strong support between 17.945 and 18.070. On the daily timeframe for the Dow, nothing here really to report. On the weekly timeframe, it's got weekly profile support down at 38.722. And you got a new profile that's trying to form right now today inside the Russell. That area of support will be at 20.2760. Stay tuned folks, 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 30 day money back guarantee so you have nothing to risk. 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Internationally at 727-873-7618. Back out there. You've got the Dow down 83. S&P's off 23. The NASDAQ is off 153. Let's go out to our first caller. It is John in Philly. John, thanks for calling. Thank you for holding. How are you doing today? You know, I'm doing very well. How about yourself? Yes. And I'm sorry, just lost my train of thought. I apologize. No problem. No problem. Let me try to help out. Is it TSM? Is that what we want to take a look at today? I do. And I have a very specific question for you, Steve. Perfect. NASDAQ peaked last week about 158. We've fallen off now, what, 10% or so? My question to you is, if you could use your tools and tell me where your first buy would come in and why. And if it goes lower than that, where would be your second entry point, you know, considering risk involved? I just like to get your view on those two particular questions, if I could. Absolutely, absolutely. So the daily timeframe chart shows that when price made that high last week, it had formed a rogment of indicator top. And then the following day, a new profile appeared. And price right now, John, is sitting on that profile support level, which is at 136.53. I've got 136.59 printing on my chart right now. So this is support. This could be one area where you would take a look at a buy. So it's one place to consider would be right now from a daily perspective. If we see a close below this profile level, obviously you'd like to see two close, but if we do close below 136.53, then the hint John would be that as far as where price would head to, I would say would be approximately 127.76. I say approximately, because that takes us to our weekly timeframe chart, which shows that a TD nine count top is going to go ahead and form today. That pattern will complete tomorrow. But since we're below last week's open, as we speak, God's favor that this, you know, that the TD nine count high is in place for Taiwan semiconductor. And typically, John, when you get that pattern price, we'll pull back to support. But the daily right now is overriding the weekly chart unless the daily chart fails. Does that make sense, what I've shared with you so far? You know, it's perfect. I had this hunch that something would pop up on your chart giving those exact answers. So 136.50 and 127.70. I think those are the answers to my two questions. Neither you nor I can predict the future. Sure. But the parameters are clear. So that's all I need. And I thank you. You bet, you bet. Thank you for the call. That was John in the Philly out there. And I want to thank everybody that called in this week, really every week, for sure. Yesterday was such a fun show to do, you know. So it just, I just love that piece of it. That's, for me, that's the best thing of doing this is the interaction that we have. Whether it's inside the tiger's den, whether it's on the phone, whether it's by email, you know, it's just really fun. Really, for me, it's just fun and great. With regard to Taiwan Summit Underground, just for anybody else that was listening, when we see something that's at support or potential support, what we like to see is some kind of bobbing pattern on an intraday chart. So here's a 30 minute timeframe chart for that, which we don't see, I don't see as a bottom pattern out there. I'll put up the 65 minute chart now. Folks, when I take a look at individual equities, cash indices, things of that sort, we have a 390 minute trading day. So I like to use timeframes where each bar is equal. And that's why I use a 65 minute, not a 60 minute timeframe chart out here. Here on the 65 minute chart, I don't see a bottom. So the only thing that you've got at your back right now is that daily level of profile support, which is a strong level. But at least we know we don't have right now that bottom to necessarily take us in to that trade. I didn't go take a look at the 10 minute or five minutes. But John, thanks for that call. I wanna get back to some requests that came in yesterday. I just, I had that last two minutes of the show, it was such a flurry, I don't know if I got to everything. And I apologize if I'm re-stating something, redoing something, but Nicholas had written in and was looking at LNG. And take a look at the daily timeframe chart for LNG. We can see that this has a slightly bullish structure daily profile. And that suggests because price closed above the center of that profile yesterday, it's trading above it again today, we're trading above yesterday's high. What the daily timeframe chart is suggesting to you or I is that buyers wanna push us up to resistance. Resistance on a daily timeframe for LNG is the top of its profile. That's at 160 to 48. I think that is likely where price is gonna go target. The reason why I say why it's likely to target is because of the weekly chart. So Nicholas, if we look at the weekly timeframe chart, this had a TD9 count pattern that had formed out here. It can actually complete the week of February 16th. The low on that was 155.07. Last week price closed at 154.95. It negated that pattern. Low and behold, it looks like you're gonna get a bull sash candle at the close today. That will confirm an A to buy the D point pattern. So you've got kind of a bullish pattern on the week, definitely bullish pattern on the weekly. You're inside a bullish structured profile above the center of that level on the daily timeframe. The monthly got back towards support, which was at 151.53. So LNG does look like it wants to trade higher out there. Now, if we look at consecutive moves higher and lower out here, we wanna take a peek at that, just understand its dance steps. We can see that we had one two, we had one two bar move higher, another two bar, another five bar move higher. So that five bar move higher back here on the trade day of March 11th, that was another signal that this has upside momentum to it. You typically at a counter trend move, you don't get more than four consecutive rallies to the upside. We can take a look at this, coming off of the high from back here in December, here's a two bar rally, your first one, here's a three bar rally, and then we got to this four bar rally. That was the extent of it. Once you get to five and six and seven, it really tells you about where price is trying to push you. Does it always work like that? No, you gotta pay attention to candles, pay attention to the simplest of all technical tools out there, look at the bottom of the prior candle and the top of the prior candle. As a candle that you're currently in, done anything to that, it is traded below, is it trading below the low, is it trading above the high? It's just a helpful, very subtle, but very helpful piece of information. So we're up now for three days out here. We not expect a retracement or pullback within the next three days or so inside of LNG, but overall, it looks pretty bullish to us. And when we take a look at Stevie's charts out there. So Nicholas, hope that that helped you out. LB wanted to take a look at Uranium. URA is a ticker symbol out here. I believe it was long-term. So even if we did cover it yesterday, Lee, what we've got out here is we've got a new profile that is formed today. This profile has formed with inside the prior daily profile. This may not be the message you wanted to hear, but the message is that the consolidation should continue. So the consolidation, to a certain extent, I would say would be from the low of February 26th down to about 2653. And the top of that consolidation really is gonna be the high of this bearish engulfing candle. That would be up at 2946. Obviously, I don't know that price will get up to that level out here because you've got profile resistance at 2865. But the important message for you this morning is you have a new profile forming with inside the prior profile. That says expect and anticipate a sideways consolidation out there. And that's really what I see. I like how the weekly chart is really supporting that idea as well. The reason is because it's trading with inside that bulbous structure profile. And it's above the center line, just above that center line. We come back to this break. Hey, I need more requests out there. Some assistance, please. But we'll take a look at XPEV and VFC, those are the only two that I've got left. If I don't have any more, we'll go take a look and try to study the holdings with inside the GDX, try to get a feel for what's going on there. C roads with TFN, we'll be right back. The gold report. 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. 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This portion of the trader's edge is brought to you by Direction's daily leveraged and inverse ETFs. Whether you're a bull or a bear, you choose the direction. Visit Direction.com. Investing in the funds involves significant risk and should only be utilized by investors who understand the impact of leverage and actively monitor their portfolio. They are not designed to track the underlying index or security for more than a day. Before investing, carefully consider a fund's investment objective, risk, charges, and expenses contained in the prospectus available at Direction.com. Read carefully. Distributor, foresight fund services, LLC. Welcome back, folks. We're taking a look at ticker symbol XPEV. I think it's a Chinese, I'm not sure what it does out here, but we did have a request to take a look at it. So what I can share with you, and that we don't really focus, I don't focus on the gaps on this because those are currency, translation issues out here. So it really makes it kind of difficult to truly put some good technical analysis on this. But what I can share with you is that price right now is trading above the top of a bear-structured profile that formed a couple of days ago. 960, as long as price can stay above, I'd say, 943, then we should see move up towards that 1048 level. 1048 was tested earlier in the week. At 1048 levels, the TD-9 count breakdown resistance area. Support is down at $8.23. Now, I like the weekly timeframe chart. Here's the good news and the bad news about the weekly timeframe chart. The good news is, it just has a TD-9 count bottom. That TD-9 count bottom completed the week that ended February 2nd. The bad news is, this thing is rallied right up into that red-acid and change line. It's with inside its profile, but it truly is that resistance. It's both got to the top of that profile, 1066, and it closed below this 1015 level, is gonna suggest that price could get back towards that 852, 923 level. First, you'll watch 943, though. 943 is a key level on the daily timeframe for XPEV out there. So thank you for that request. I believe we have a caller on the line. We've got Roger in Boulder, Colorado. Roger, thanks for calling. Thanks so much for holding. How are you this morning? Wonderful. Thanks for asking. Thank you so much, Steve, for helping all of us. My pleasure. And starting through these days. My pleasure. Yeah, I was gonna ask you regarding the entry level for, entry for Adobe. I have a 445 price in mind and there's several, one is 200-day moving averages around that area, 127.4 or 2% fixed number is there. What's your opinion on that? And also the three-day rule, I have to wait a little bit. Got it, okay. So what today is doing, today has generated a new pattern for Adobe and that pattern is gonna be the, what's really two patterns have been triggered. The first pattern is an A to B equal CD to the downside. No, I'm gonna do that formula on my other screen so I can give out the accurate numbers. Normally I just kind of guesstimated here and start to draw them in like I did over on this chart here for the weekly timeframe. But that A to B equal CD pattern is gonna first get us down, Roger, to the 475 level. Now, what I want you to notice here is I'm gonna do this. I'm gonna actually kind of draw it in on the daily timeframe here just so you can kind of see it so that I can make another point and it's a really important point here. And that is the point I'm gonna show you is that I would expect this to do more than a one to one A to B equal CD to the downside. So let me just finish drawing this in here. Let me move this over. So there's a couple of different things about the A to B equal CD pattern that can really help us to kind of judge where a price might be headed to. And one of those is, one of those is the retracement of that B to C leg. In this case here, this retracement was a 52% retracement. Anything less than a 0.618 increases the odds of doing more than a one to one A to B equal CD. That's the first thing. The second thing is how you come off of that C point. If you come off of that C point, that was actually formed two days ago on March 13th. If you come off of that with a wide ranging bar and a gap to the downside, all you have to do is mentally, Roger, paint that in out there. This is one of the widest ranging bars we've seen in Adobe in quite some time out there. When you have a wide ranging bar, that's another thing that tells you're likely to do more than a one to one A to B equal CD pattern. So the one to one, as we identified, came up to about 475.11. Was that, you mentioned a $400 figure. What were those $400 figures? I didn't jot them down. 445 is 101.27. Got it, okay. I really have to be more than one to one. Yes. And so actually the interesting thing is that four, so I'm gonna switch over to the black background charts because there I've got the A to B CD pattern drawn in. And so the second level, the 1.272 expansion is at 445 level. And then you got 406. Now the cool thing about the A to B equal CD pattern is that once you get below 475 or you get close to 475, you'd be looking for some type of bullish reversal candle. And when you get that bullish reversal candle, that would be my way of this pattern confirming that it has at least a tempting to bottom. So that's the cool thing about this A to B equal CD. When I switch over now back to my white background charts, I had mentioned, Roger, there were two signals that were triggered this morning with this morning's gap to the downside. That second one is that it triggered erosement to indicator bottom. This is black diagonal line. That too needs a bullish reversal candle. So what this tells me is even though I went through that hole and wasted your time on that A to B equal CD pattern, the truth of the matter is, if we get a bullish reversal candle before it even gets down to that level, that could be telling us about a bottom. So there's two patterns that really you and I would need to manage here to understand the message of the market for Adobe. Does that make sense? Right, absolutely. Oh, good. Okay, all right. Because usually I lose you by that second syllable. So I think Adobe's giving you a gift to the extent that you weren't in it because if you're in it, not such a gift today, but with regard to those trying to get back into it, monitor the A to B equal CD pattern, look for a bullish reversal candle, know the erosement to indicator signal out there, and then look to the interday for some type of additional bottom signal as well. If I look at the, I've got the daily, the weekly and the monthly charts up here. The monthly chart is not over, but price right now is testing monthly level of support. So we're halfway through the month, a close below 491.33. And even though we're trading below that, so we know we're trading below a support level out there, kind of adds to this idea that we should expect this to continue to move lower. But we're trading below support daily, weekly, and monthly as we speak right now. The last piece of information I can share with you, as if Adobe really falls apart, it's next level of support that I have at the moment would be 318.60. But we don't have anything to suggest that it's getting down there just yet. Okie dokie? Thank you so much. That's very informative. I really appreciate that. Also, if you have a few minutes, take a look at the Marvell. Yeah, let's do it. Let's do it together. So MRVL, what are you doing with Marvell? Are you just looking for an entry or are you? I'm trying to add to it. Okay, all right. So in the case of Marvell, Marvell confirmed a Rosemont Dementicator top about six, seven days ago. It did it on March the 8th when it generated that bear separating line candle out there, bearish candle. We're trading now below support. Price is trading into a swing point. So let's go take a look at the volume. The swing point that I'm referring to, Roger was from the trading day of February 20th. The volume on that was 12 million shares. Yesterday we traded down into it with 21 million shares. Because we traded down to that swing point with volume, it was telling us that we should get back down there and test it. Today we've tested it, and so far it's been a rejection. But what's the volume? The volume today on this is 6.5 million. So we're at about an 18 million share a day, give or take, 17, 18, going into 12 million. Even though this could be a rejection of that swing point, it wouldn't be a buy for me. The buy could be at 59.95. I'm not saying that it can't be a buy. I'm saying that for me because we're testing that swing point with volume. Odd Savior that is gonna get back down there again and test it. I hear the music in my ear. Roger, can I ask you to hold on? I'm sorry. Yeah, can I ask you to hold on? We'll finish take and we'll get Mar-Vel since we get back. Perfect. C-Roach with TFNN. Folks, we're gonna go back out to Boulder, Colorado in about three or four minutes. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the Forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, Forex, stocks, and options. 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This program is brought to you by VistaGold, traded on the NYSE American NTSX under the symbol VGZ. I went ahead and pulled up my daily timeframe chart for Marvell. It went back about 1,000 days. What I was looking for was a bullish run inside this, just as, and what I had mentioned during the show so far today is that when we take a look, this is showing us consecutive closes to the upside. Those are in black numbers and consecutive closes to the downside. Those would be in red numbers. What I want you to see here is after coming off the low from back in July of 2021 out here, we can see that any of the moves lower did not exceed a four-bar move to the downside. Most of them were two or three bars. They didn't exceed a four-bar move to the downside until we got to December 14th of 2021. We can see that moves to the upside. We saw several six-day moves out there. So when we get beyond four to the upside, tells us that we're likely to continue to move higher. We get beyond four to the downside. We're likely to continue lower. Now let's fast forward to what Marvell has been doing here recently. You can see that yesterday was bar number five to the downside. It's not a guarantee, but it is a signal to you and I that Marvell may want to trade much lower for a period of time out there. So I wanted to certainly point that out to you. If we take that information and then look at the weekly timeframe chart, what we're going to notice is that last week was a confirmation of Roadsman to Mindicator top. It was confirmed with that bearish shooting star candle out there. Now, this has a weekly, by the way, weekly A to B equal CD pattern was also completed. That price projection was about 80, 31. So there are two patterns out there that identified at top. The important thing about the weekly chart right now, Raj, is that price is trading below that green oscillator and change line. So that's a level of support that has failed. We look to the next level of support and that would be the top of the daily profile. What I would share with you on a weekly basis, if this is just a counter trend move and a large counter trend move to the downside, where Marvell would find support would be at the centerline of that weekly profile. It really would be between the range of 61, 15 to 63, 21. So as Marvell, let's assume that it pulls back to that area. The daily's got a breakout level of 59, 95. I believe it's around 59, 95 to 61, 15 is the area where you would be looking to add to your position out there. Now, as price gets down there, please call back. We'll go through and take a look at the charts. If it starts taking off to the top side, starts closing above prior days, highs and things of that sort, call back as well, we can take a look at it. So I've thrown out a ton to you. Are there some questions that I can answer as well? No, no, no, definitely. Thank you so much for inviting us with this, with Marvell. I should hold on a little bit longer. Okay. By the way, we got about 16 inches of snow so we can use some of that sunshine from Florida. Oh, perfect. Well, I know a good way to use the sunshine from Florida. How about a plane? Come on down. Thank you so much. You have a wonderful weekend. That was Roger in Boulder, Colorado. Let's go over to, where did I stop? I think we were taking a look at XPEV. Yeah, I think we're done with XPEV. Let's go on to the next request. This was for VFC. This came in, I did not write down who requested it, but here's what we do know about it. VFC, we take a look at this, is trading into, let me just pull back just a tad more. Yeah, okay, it's trading into a daily swing point from back on February of the year seven. That swing point generated volume of 29 million shares. Yesterday we moved into it with 10 million shares, perfect. Has this tested the low? So the low of that swing point, 1444. Yesterday you got down and test, you got 1444, right to it. So it's really got a test of rejection of that swing point on lighter volume. Is that a buy? I wish it would have gone one penny below or one penny above, but it didn't do that. It did right to the T. So how do we analyze this? Well, the first thing we know is that you and I have a competitive advantage out here. We know where the sellers are at. They're still at 1477. Those used to be buyers, but they got trounced yesterday. It looks like those people have turned in one day from buyers to sellers. You're probably able to close back about 1477 that we don't have a profile change in trend. But if we do close below that today, we do have a profile change in trend. What does that tell us, Stevie? Get to the point already. But that would then tell us, and really the weekly chart is really signaling that to us at the moment is that price should go target the lows from November of 2023. And those lows are down at about the 1285 level. Now, on a weekly basis, that swing point generated volume of 103 million. This week, we're coming in right now with 33 million. Quite low when we come take a look at the volume metrics out there. But as long as price remains below, the red oscillator and change line, that tells us we have a falling price oscillator below zero. And until that message changes, nowhere that changes are closed above it, that's suggesting we head lower out there. And the daily is kind of emulating that too, or suggesting that because price is found resistance at the bottom of that profile. So hope that help out on VFC and XPEV. Nancy and the Debt, finally we get to some requests. Today, Stevie, it's about time. NVIDIA, Nancy is asking, is $900 in the cards out here? Well, here's what we know. NVIDIA formed that beautiful Rosemont Demindicator top. Not beautiful if you were bold because you don't want to see that out there. They did that back on March the 8th. Now we've had five trading sessions. Those five trading sessions beginning on Monday, Monday a new profile form, Nancy. And that new profile is above the prior profile. So a profile standpoint is still bullish from a trend standpoint. But price is trading with inside that. That inside that is pretty balanced profile. In other words, the center pretty much, pretty much right smack dab in the center. So we can't use that bullish or bearish profile scenario. What we do know is price has support in 821.60 and resistance up at 935.90. That's the second level of resistance. The next area of resistance is up at 910.26. So we've tested yesterday's low. We're trading inside the body right now of yesterday's candle session. Your question is, can this get to 900? If I look at the weekly timeframe chart, I don't have a top out here. It does show a shooting star candle from last week. And even if I could find an A to B equal CD pattern, there probably is one. The problem is it was also a gap to the upside. If I were to fill in that gap, this would not be a shooting star candle. So I can't say that the weekly's got a top on it. What I can do though is come over and take a look at an intraday chart. So let's look at a couple of those. Here's a 65 minute chart. I don't see a bottom, I just see a consolidation. I don't think I'm gonna get one on the 30 minute chart either, but let's just take a quick peek out here. Now I don't have anything. Now the 30 minute timeframe chart, Nancy, as long as price can remain above $884.97, odds would favor that it wants to rally further. And so that could certainly get you up towards that 900 level out there. But if price closes below, I'd say $882, might be $882.50. Then you head it back to the $875, $870 level. So that's what I see when I take a look at the 30 minute, the daily and the weekly. I didn't mention the monthly. The monthly chart, by the way, is certainly bullish. And if we look at its dance steps out here, this is NVIDIA. Let's see what its dance steps. We had two bar close to the downside. You know, it's still bullish. It's still to the downside in NVIDIA. The largest move to the downside that we've seen coming off the lows back here in October has been a four bar move to the downside. So not surprising to see a bounce today. The question is, is this just a one day bounce? Like it was back on March the 12th. I don't know. It shouldn't be if this is bullish. You should at least get two days out of it. So I hope that helps you out, Nance. Thanks so much for writing in and for your request and have a wonderful weekend. Brett wrote in, I didn't get a chance to read the message, but I know that he wanted to take a look at LAES. So let me punch those screens up here. LAES, see if we can get, not K-A-E-S, that's not good. No, LAES. See what information I might be able to give you in 15 seconds. And then we'll go to the break and we'll come back and I'll make sure I do a thorough analysis of this and of DLR for Marvin. When I take a look at LAES right now, it closed below the bottom of its bullish structure, daily profile yesterday. It's trading below it right now, it being the number of a buck 76. You get a second close below that. We'll try to figure out during this break where LAES may be headed to. We'll be right back. Many trading newsletters attempt to focus on a narrow set of equities or commodities. While this works for some, it oftentimes misses many opportunities that possess huge gain potential. But how is an independent trader supposed to scan the entire market looking for these hidden opportunities? One simple answer, the opening call newsletter. Basil Chapman, developer of the Chapman Wave Trading Methodology has been trading the markets for longer than most trading influencers have been alive. And over that time, he has honed his methodology in order to accurately call movements in a wide range of equities, from semiconductors to uranium to key indices and so much more. Basil is old school, taking the time to educate the trader while also giving his insights into key indices, selective stocks, and more. Opening call subscribers also receive access to dozens of Basil's educational live streams that can be accessed at any time for your edification. All first-time subscribers receive a 30-day money-back guarantee. So ignore the pop trading influencers and start learning time-tested technical analysis. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at tfnn.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to, and you can trust Larry's analysis. After all, he's got 45 years' experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. 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. Subscribe to the Fibonacci 24-7 newsletter today, tfnn.com, educating investors. Are you ready to take charge of your financial future? Tfnn is your gateway to the world of trading and investing. Whether you're starting out or scaling up, Tfnn empowers traders and investors of all skill levels with top-notch investing systems, strategies, and techniques. It's time to protect and grow your money with insight you can trust. 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First, prices trading, two swing, prices testing, two swing points. The first swing point that prices testing was from January 23rd. The high out there of that swing is a buck 66. The volume, 2.4 million shares. When price pulled back right here on the trading day of February 27th, that was a test of that swing point with 1.75 million. So 1.75 million was testing 2.4. That was a test of rejection on lighter volume. I want you to notice that was not a Stevie bottom signal or anything. In fact, price was below the profile on that trading day. That was a true Tom O'Brien test and rejection of a swing point on lighter volume. Can't bust them down, it tries to bust them up. Turns out we're at the same point in time right now today, we're below profile. We are testing that same swing point. Today's volume, 477,000 shares. So even if we say it's 500,000, which it's not for three hours of 1.5 million, you're still coming in with much lighter volume than 2.4. Now, Brett, this may just be a short-term trade versus some type of longer-term hold or something out there. But the answer to your question based upon its pattern out here is we should get some type of rally. I feel better about that. If price got back inside its profile out there close the day back above 176. So from a trade standpoint, yeah, from an investment standpoint, no idea. But you do have that test of swing points out there. So I hope that helps you out. And as always, thank you so much for your assistance this week. We had a last request coming in from Marvin. Marvin wants to take a look at DLR. Marvin, I don't have a chance to take a look at what you requested out there other than the symbol. Here's what I know. TD9 count top, price is trading below the bottom of its daily profile right now. Close the day below 141.88. Suggest to move to 136.07. That's its TD9 count breakout level. That's the daily time frame. The weekly chart has a Roadsman Dominicator top that's going to go ahead and complete this week. That says that price should pull back into the area of 131.91 to 137.63. And we're going to complete a monthly TD9 count pattern here. So I say DLR likely to head lower. And I think 136.07 is the likely area. Folks, have a fantastic weekend. Thanks for all your assistance and help. Stay tuned. And I'll see you back here on Magnificent Monday. Be careful, folks.