 The following is a presentation of TFNN The Traders Edge with Steve Rhodes at 1-877-927-6648 or internationally at 727-873-7618 The Traders Edge now Steve Rhodes Good morning folks. Welcome to the February 8th. Yep It's the February 8th. The terrific Thursday edition of today's Traders Edge show. I'm your host Steve Perseverance Rhodes who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. Let's make sure we have an extraordinary one. 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 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 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 more important than that. That's this during this next 53 minutes. I am here to serve you. So feel free to pick up that phone. Dial on it at 877-927-6648. Now if you've got a question but you can't go in. We've got you covered. Go ahead and send me an email. Send that off to Steve at TFN.com. Inside the subject heading please put radio show question. Of course if you're inside our Tigers then well then any in every ping we'll do. So let's go ahead and get this show started on terrific Thursday. Of course this is Tiger financial news network. I'm Steve Rhodes. Welcome to the show. We got a mixed bag out there. The Dow's up 94 93 points. The S&P's down 3. Nasdaq 143. Russell's up 17. Semi's are up 85. Trendy's off 60. Gold's off 6 bucks. Silver's up 17 pennies. I'd say we got a mixed bag. Light's recouped up a buck 40. Natural gas is up in nickel. 30 or Treasury down 1 point. Pray not 119 and a quarter. Leading the charge dollar wise to the upside. 100 $3 move 16%. That's monolithic power systems. Micro strategy 68 bucks. 13% 60% for arm holdings. Holy snikies. Broad comes up 38 bucks. Mercado Lebe of 22 bucks. To the downside it's Mount Everest. EG is the Turkish symbol. $39 a 10% move. O'Reilly Automotive 36 bucks. 3% move. S&P Global $28 6% move. McKesson 25 bucks. 5% snap on 22 bucks. We got some shakers but we've also got some movers. So let's begin our day. Let's begin our day. Let's begin our day by taking a look at the equity future contracts. What do we know? Well, we know we negated a roach minted indicator top yesterday inside the NQ. There's no top inside the ES. There's no top inside the NQ. A bearish reversal candle would confirm a top. So even then price would still be neutral unless it closes at least back below the top of its daily profile. The Dow, which is the weak link this morning, still has a roach minted indicator top. That was a bearish sash candle back here on February the 5th that confirmed that topping pattern. Only a close above $38.892 would negate that signal. However, even though it's got a topping pattern, you can see that price remains above the top of its daily profile. The new profiles that we were looking at yesterday did not take hold. I believe there was one in the NQ. Maybe I can't remember where the other one was, but none of the new profiles that we looked at took hold with regard to equity future contracts. So it's a neutral signal unless price were to close back below $38.050. Now that still may be the target. Now, if we take a look at the Russell 2000, there's a question to take look at the IWM, Danny from New York. So this is the first place that we would start with that. We'll get into it. We'll take a look at the IWM. Maybe not right away, but just since I'm talking about it right here, what you can see and what's important is that one number one, we're trading above yesterday's high. That's a bullish signal, period, carte blanche. But what's it doing? It's trying to get back into potential resistance. Why potential resistance? Well, it really is resistance. That's because price closed below the bottom of its daily profile for more than two consecutive sessions. The bottom of that profile is $19.7510. If we close above $19.7510, price will have gotten back inside there. And then the next upside price target would be either $19.96 or $20.18. It's a very balanced profile out there. So there's no edge to either buyers or sellers with inside that profile. But if you can get back above, close above the bottom of that profile out there, and that's the first level to be watching, Dan, is $19.7510. Price closed above that. Odds favor you see a further rally with $19.96 being that price target. Now, how are the equity futures trading inside of other major currencies? Do all-time high today in terms of euros, in terms of pounds, in terms of yen? That's a big bullish outcome for even the ESMini priced in dollars. If we take a look at the Dow, or the NQ, I should say, the NQ is made in do all-time high today. Also, in terms of dollars, euros, yen, and pounds out there. This is a international global rally inside of US markets. Period. If we take a look at the Dow, that's trading lower. It's made a new all-time high today in terms of euros, in terms of pounds, and in terms of yen out there. That doesn't mean we won't see some kinds of retracements out there. But the retracements that we do get, they're likely not to be very large out there. They're just set up some type of range of a consolidation. But we're not even there just yet. And we're not going to get there, especially if we make new all-time highs each day in these other currencies out there. We cannot think, well, we can think however we want to. We should not think just, we shouldn't be so selfish and only think of ourselves in terms of US dollars. Because if we do that, well, we're going to get the, we're going to bear the cost of what being selfish is really all about. We're not going to do that. All right, so let's go take a look at intraday. Let's go ahead and switch up panels out here. Take a quick peek at the intraday stuff before we start getting into, well, we've got a few requests out here. Not many, but we have a few. Let's get over to our white background charts. Let's switch screens out here. Let's get to the intraday detail. And I'm not sure which one's going to pop up first. It could be, it's the ES mini. So what do we know about it? So in the ES mini, it's pretty easy to try to identify what its intentions are going to be. And the reason why I say that is because we've got a perfect setup here. You have a TD9 count-top on the four-hour timeframe chart. That TD9 count-top has led to what? Nothing more than a test of support, bullish structured profile support for that timeframe. That says the level of 5,005 is a very key area out there. If we see a close on a four-hour basis, by the way, four-hour basis, the next bar close at 2 p.m. After that, it'll be the 6 p.m. close. After that, it'll be the 10 p.m. close or the 5 p.m. close. After that, it'll be the 10 p.m. area out there. What you want to watch is both to the upside and to the downside. To the upside, a close above 50-20 negates the TD9 count-top and should lead to a further rally. Likewise, a close below 5,005 should lead to a further decline. Now, that further decline could be the 49-54 level. However, Lee Corso would say not so fast. Why would he say not so fast? Before that breaks, you've got to at least get below the daily green oscillator and change line, which is printed at 49.93. So watch that 5,005 area. If we get a close below that, we're likely headed to the daily oscillator and change line. No idea what we might do after that, but right now in the ES mini, it becomes pretty easy. So how do you trade around that, especially right now when you're right in the middle? I mean, it's really right in the center in essence of that profile between 5,005 and 50-20, we're at 50-10. That's right in the middle. So I'm not sure how you really trade that. You've got to really go down to maybe, I don't know, 5-minute chart and see if there's any kind of patterns out there. But that's what's going on. We take a look at the ES mini. So we come back to this break. Let's take a look at Taiwan semiconductor. We were supposed to do that yesterday and Stevie overlooked it. But man, is this thing in a bullish mode out there? Here's my suggestion. Go check this out on the monthly basis and see what it's trading into and with what kind of volume. And then you tell me, where's TSM headed to? Steve Rhodes with TFN. We'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities & 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 & Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN Educating Investors. 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. 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There's no cash or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Toll-free at 1-877-927-6648. Internationally at 727-873-7618. Starts here for Taiwan Semiconductor, Duncan Steve, inside the Tiger's Den. You got the answer that I was looking for, which is if you take a look, there's a couple different things. Let me look at the monthly chart. I'll just expand it out first so that's the only chart that we're looking at. This is going to give us the big picture out here. When I say the big picture, first, there's an A to B equal CD pattern. The B point was June of 2023. 247 million shares traded hands that day. When that was passed, it was passed with 308 million shares. So far this month, we're at 74 million. We're just entering into it. We're only at the eighth. Just a handful of trading days out there. But here's the key. Take a look at the swing point. It's all time swing point high. It was in January of 2022. The volume there was 358 million shares. As I said last month, you're at 308. We're coming into it right now. It was 74. We're coming into this thing with volume out there. So when we do that, that tells us we should go up and at least test that high. And that's on the weekly timeframe. Now, the weekly A to B equal CD has a price projection of 135.19. We're at 132.94 out there, 95, something like that, 132.98. The 1 to 1.272 would take it above the high. It's all time high. That price projection, 149.12 out there. On the weekly timeframe, it's really the same price projection level. It'll be the same A to B equal CD. What I can share with you is A to B equal CD patterns do not end on wide-ranging bars. And we take a look at the daily. We take a look at the weekly. We take a look at the monthly. That's what we've got, folks. So unless this thing falls off planet Earth tomorrow, you've got a gigantic, weekly, wide-ranging bar out there. And that says that this thing heads higher. So if that says this thing heads higher, again, that nice next price projection level being the 149.22 level. There's no topping signal on the daily, no topping signal on the weekly, no topping signal on the monthly. This is looking awfully strong out there. Now, if we look at consecutive days higher and lower, we know once we get beyond four, we typically get a change in trend. Today's going to be day number six. Well, not a change in trend to the downside. This just tells us this is just being run by the bulls out here. Now, we've gotten to six consecutive days a couple of different times as we take a look at this chart going back to June of last year. I've seen one, seven consecutive day move out there. So Taiwan Semiconductor should be getting ready for some type of pullback or retracement. And it should not be for more than two to three sessions out there. So that's what we see when we take a look at Taiwan Semiconductor. It is long and strong out there. Vic wanted to take a look at Coinbase out here. So let's switch over to the Coinbase charts. COIN is that ticker symbol. And here we take a look at the daily timeframe. What do we know about it? Not much. I see price right now just trading with inside its profile. Bullish and structure. And so therefore a close above what looks like 130.93. Let me see here. 130.93 should then lead to a move to 143.83, Vic. That's what the daily chart is telling us. The weekly chart is telling us that price is consolidating with inside its profile level. And the price takes out this week's low. That says we head down to 95.80. We have a confirmed TD9 count top on the monthly timeframe chart for Coinbase. You know, it's, it's, we've made, this is now on a monthly basis to the third slightly lower low out there. So no bottom pattern on the daily. That is in place as we, well, I take that back. Yeah, I probably do take that back. Give me one second. Just I want to check on my other system here. I just want to see what that A to B equals C. The B to C retracement level would be, just see if it's anywhere near 0.3 A2. It looks like it might be. And if it is, then I'll come back and I'll draw that in. And it's, yeah, 39%. So here's the A to B. So there is, today is another confirmed by the D point pattern. So here's your A to B. Well, I'm going to try to put that in here. A to B, here's your A to your B point. I'm just simply going to move this over to the C point out there. We can see we had the first by the D point pattern when this bullish hammer and TD nine cow bottom formed on January 19th, but price closed below the bottom of the hammer candle back here on February 5th. Today is a gap to the upside. That is a bullish reversal candle. So you have another by the D point pattern with price consolidated with inside that profile. So your first resistance level other than where it is right now is going to be a 14383. That's the top of that daily profile. Price can close above that. We're looking at 16104 out there. That's what I see, Vic. When I take a Coinbase, I hope that provided with the information you were looking for. G-Man inside the Tigers then would like to take a look at the amazing one. And that is Amazon AMZN right now consolidated with inside its daily profile. Its daily profile has supported 16542 resisted at 17250. I do not see any kind of a bearish pattern here. So you just have a consolidation on the daily timeframe. The weekly timeframe has negated TD nine cow top wide range you borrow last week. This looks like it wants to continue to move higher as well. And so too does the monthly chart. Now in a monthly timeframe, prices trade into its all time swing point high. That takes us back to July of 2021. The volume on that trading session was 83, 83 million shares. We are into it right now with 354 million shares. 354 and we're going into a swing point that had 86, 83 million shares. G-Man, what more do we need to know? It closed inside that swing point. There's no topping pattern there. No topping pattern to daily, just a consolidation. No topping pattern the weekly. Stevie's vote is we go test that high inside of Amazon. So I hope that provided you with the information you were looking for as well. And as always, thanks so much for the request. Pearl and G-Man, they teamed up. They want to take a look at high hoe silver. So let's go take a look at silver out there. Now I'm being told by Pearl inside the Tiger's Den that silver typically moves during a new moon. Pearl, I was aware of the price movement inside of gold and initiation move. We don't know whether it initiates to the upside or the downside when it comes to full moons. But I did not know that there was any kind of new moon phenomena. I wish that I could test the new moon phenomena. I cannot. I could only test the full moon. I can't test a new moon. What I mean by that? Oh, here. First, let's take a look at this and I'll go back to it. So this is the seasonal charts provided by our good folks at Seasonix out there. This red vertical line tells us where we're at. And right now with regard to silver, which hasn't been responding the way that this tells us is we are in the favorable seasonal cycle that typically comes to an end in about a week, February 22nd. So really two weeks, right? Week from yesterday is Valentine's Day. So two weeks from basically yesterday is when the favorable seasonal cycle of silver comes to an end. Something to think about. Now, if we take a look at, come down to the lower right-hand panel chart out here. Whoops. Oh, boy. We're not going to do that again, are we? All right. I'm going to change screens here. This one hopefully doesn't go blank on me. When they go blank, that could be a problem. That could be. It is a problem. There's no could be. There's no if, answer, buts. It is a problem when the screen goes blank. Now, back to this chart out here. Look at this March, April, May, June. Very unfavorable seasonal time period out there. Now, I was mentioning, unfortunately, I can't look at the new moons. I can look at full moons. So as an example, here if we come down to miscellaneous. So it's cool that they have some of this information out here. If I could just hold this. See they've got a solar eclipse, lunar eclipse and full moon. Now, what this does, this tells us how silver has been trading during the last 10, during a 10-day period over the last 10 years when we get to a full moon. But I'm going to just switch. I would switch this up to gold. Let me just go to a longer term. So I got 56 years out there. And typically on a full moon, just so you can put this into your feather cap out there, you typically get a rally of the last three days, a decline, for a couple more days, and then a resume hire out there. So let's get back to the actual silver charts out here. Let's go ahead and change screens. And we know that silver been trading between a rising price channel and a descending price channel. That's not going to be shown on the white, but well, you know what, since I'm still on the black background charts, let me show that and we're going to break right here and then we'll come back. Here you go. These two charts, gold and silver, 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. 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If you were to see a monthly close blow, $21.94, that would bring $19.87 into play. We take a look at the weekly timeframe chart. It created a sell-the-de-point pattern. We have price consolidating with insight is profile. We are trading just slightly below last week's low out there. That's really a bearish sign out there, and that suggests that we could see silver make its way back to $21.63. If we look at the daily timeframe chart, price has just been consolidating with insight is profile. So the trading range for silver over the last couple of weeks has been really between its bullet-structured profile range, between $22.37 as support and $23.21 as resistance. If I look at the intraday charts out here, we can see a nice roadsman to indicator bottom on the 60-minute timeframe. What price did was it rallied right up towards its breakdown level. It didn't get up there, but very close to it. $22.68 is a key level to watch on any kind of a rally out there. Price is able to close above that. We should see price then get to $22.84. Above $22.84, we should see price make its way to $23.35 out there. Now, just real quickly back to those. Yeah, we don't need to go back to the other silver charts out there. So that's what I see when I take a look at the silver out there. So G-Man and Pearl, hope that that helps you out. Danny from New York wanted to take a look at the IWM. We already covered the Russell 2000, at least the daily timeframe. We provided you with a number that a price closes above at today's close is going to suggest a further rally. The IWM is going to take its Ps and Qs from what the Equity Future Contract does. But in the meantime, let's go take a look at the IWM. Let's see if we can figure out what it is doing. That wasn't it. Maybe this is it. The IWM. So here in the case of the Russell 2000, we've got a consolidation with inside its daily profile. This is a bullish structure daily profile, Dan from New York. And typically when you close above the center, which has been above the center for the last two sessions out there, the bulls are able to make a run for resistance. In this case here, resistance resides between $195.95 and $196.61. If we take a look at the weekly timeframe chart, we don't have a top. We just have price consolidated with inside its profile. And that profile ranges from $190.30, which this week price tested and rejected. All the way up to $205.49 out there. Prices above its green oscillator and change line. This says what the Russell or the IWM, the ETF wants to do, is go target $197.90. If we look at the monthly timeframe chart for the IWM, what do we have here? What we have is a profile change in trend. And price is trading above the top of its profile. It's above the green oscillator and change line. The monthly wants a further rally. The weekly, it's a consolidation, but it wants to move higher. That's its signal. And so too on the daily timeframe. The question on the daily timeframe, Danny, and I can't answer that. I don't know that you can answer that, but the market will answer that. Is can it close above $196.61? If it does that, it'll then join what the weekly and monthly charts are saying, which is that it should lead to higher price out there. Now, if we take a quick peek at an intraday chart for the IWM, for example, look at a 30-minute timeframe, what do we have out here? Not much. We're trading above profiles. The green oscillator and change line. No reason for it to not try to make its way to $198.94 as long as price remains above those two things. The top of a profile and that green oscillator and change line, which is currently printed at $194.16. So, Danny, hope that provided you with the information you were looking for there. And thank you so much for your request. LB writes in, he wants to take a look at a lithium entity. L-I-F-F-F is the name, and he's looking for an entry point. Well, I'd have to say at this stage here that two days ago what Price did was it negated its TD9 count bottom. Well, first of all, if you look at the data on the screen, LB, we just don't have a ton of data to do what we'd call as a great technical analysis. It just is. I'm not trying to bow out. I'm just trying to let you know that we just don't have a ton of data. The data that we do, and I can't really say how reliable it is at this stage here, because it's so, yeah, I'm not even going to go there. And the there was, it shows the road's meant to mitigate our signal, but I don't think so. That's why I'm saying I'm not going there. Originally I was going to say, you get a bullish reversal candle, fire away. And I would say, no, that's not the case. I think what you're going to have to, at this stage here, we have not seen Price close above a prior bar's high, close above a prior bar's high since January 19th. So if you're looking for the first potential signal that Stevie could try to come up with for you, LB, on a chart that has minimal data, I'd have to say that might be it. Of course, you'd love to see a new daily profile so you know where the buyers and sellers are lined up. Right now they're all sellers and they're up at 452. And I'm not even sure that Price could even get up because this guy resisted at 370. The monthly chart actually shows that two months ago was a bullish hammer candle. And if you close below that low, it's so early in the session, we know if you close below that, that says lower price. We're trading at 331. It can't go that much lower. It can only go lower by $3.31 out there. But a close below 470, is that right? No, 338 would say it's headed lower out there. So I wish I could provide you with better information. I would say if you see a close above a prior bar is closed, then switch down to some intraday charts out there and start managing the trade that way. That's the best information I can provide to you. LB, I hope that helps you out. Joey D, or Joey D inside the Tigerston, wants to take a look at the roadblocks out there. RBLX is a ticker symbol. Well, so what was it that you wanted to know, Joe? It's trading into a swing point. This is a swing point from the trading day of December 28th. So the volume there is going to be somewhat suspect, right? Holiday, 5.4 million shares. So far today, you're up into a 7.8 million shares. I'm going with, this could be walking out on a limb here, but I'm going with the fact that price is trading into a swing point with volume, and it should go at least tag that high. And that high is 47.20. Now, what would be best for it to do that is at least close a day above 46.31. We're not there just yet. We've been up there, but I don't see any reason for this to not go after that when we take a look at the daily timeframe. However, the weekly says, well, you could come up with a reason, Stevie. The reason why it might not be able to get after that is because price is traded right up in that weekly profile resistance level. And those sellers, they're lined up right at the 46.11 area out there. We can see that that has stifled so far, yesterday's rally and today's rally. And if we look at the monthly timeframe chart, we're trading up at that resistance area of its profile, bearish in structure, and that's up at the 45.37 area. So Roblox, the daily timeframe is telling us it wants to at least go tag. Tag that high. Tag that high out there. But the weekly and the monthly are the fly in your financial ointment, Joe D. So I don't know what more I can share with you out here for Roblox. I'll just have to leave it like that. Price is trading up into some potential resistance levels out there, but if we can clear them, then you might have some A to B equal CD patterns to the upside out there, both daily, weekly and monthly. But that's not the signal that we have just yet. Duncan Steam wants to take a Juniper Networks. JNPR is the ticker symbol. This thing formed a beautiful TD9 count top. That was on January the 12th. And it turns out that it formed a TD9 count bottom just a few short days ago. It was confirmed two days ago on February the 6th. So let's look at Roblox when we come back from this break. 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. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the euro dollar, pound dollar, dollar Swiss, dollar Yen, as well as many more. 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To obtain a fund's prospectus and summary prospectus call 866-476-7523 or visit Direction Investments.com. A fund's prospectus and summary prospectus should be read carefully before investing. An investment in the funds is subject to risk including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. This program is brought to you by Vistagold traded on the NYSE American and TSX under the symbol VGZ. Folks, here we're taking a look at the Juniper Network's JNPR is the ticker symbol. We are identifying that when it did form a top, formed it with a nice TD9 count top that led to a TD9 count bottom that confirmed just a couple of days ago. So now this is pretty helpful to you, Duncan. Your price closed below the TD9 count bottom. We're just trading with inside his profile right now that has supported 3628 and resisted at 3804. But if we get it closed below 3682, we're headed to 3628. That's the bottom of that profile. If we get below that, we're looking at 3619. That looks like the bottom of its weekly. Let me check this out here, 3619. That would be the bottom of its weekly profile. Where Juniper would get into real trouble is it closed below 3619. That would then say we're likely going to go ahead and close that gap. Now, I don't believe that's where we're at just yet. Why do I say that? Very similar to the, one of the last instruments that we would take, like an Amazon. If we take a Juniper, the volume on its swing point high takes us back to March of 2022, 105 million shares traded hands that month. Last month, okay, full month, 183 million shares out there. So we know we're pushing into that swing point. We're still trading that swing point. That top was not tested, but it should be tested. The high of that swing, that's from March of 2022 is 3814. The high from last month was 3804. So it looks to me like that's what price wants to do. But right now, because of that wide ranging week we had four or five weeks ago out there, price just kind of consolidating sideways out there. So what you should be doing is watching support levels. Again, 3628, 3619, 3603. You get below 3603. We're looking at the 33s, 3335 somewhere right around there. So Duncan, I hope that helped you out with regard to Juniper. I believe it was Monday or Tuesday we got a call from John inside the Tiger's Den, who wanted us to periodically take a look at soybeans. The November contract is what John is trading. What I've done is I've created the charts to take a look at that, as well as the active contract, as well as the contracts that make up SOYB, the ETF. What you're seeing right now is the March contract, which by the way, the March contract here has a confirmed TD-9 Cal bottom. It's likely going to go ahead and confirm a rogement to indicator bottom today. The key here with regard to March is can price get back inside his profile. That's the resistance level, 12.06. If price can get above that, that would be positive. On a weekly timeframe, you've got a confirmed TD-9 Cal bottom. It's completed. Price should rally up to 12.50 out there. That's what's going on with March, but that's not what John was interested in. He wanted to take a look at November. So let's go take a look at November soybeans of 2024. We're going to switch over to a different set of charts. And here, what you're going to have are the three timeframes that make up the holdings with inside SOYB. It's about a third, a third, and a third. Don't quote me on that. Just go look it up yourself. But here, we've already covered the March timeframe. How about the May timeframe? We don't have a TD-9 Cal bottom here, but a bullish reversal candle today would form a rogement to indicator bottom. The same as what July of 2024 and as well, November of 2024 out there. The key here is, just like we looked at in March, is can price get back inside his profile. So in the case of May, 12, 17 and change. Call 12, 18 is resistance. 12, 27 for the July contract and 11, 89 for the November contract. Only getting above those levels will that tell us that we should likely continue to move higher out there. What does that mean for the SOYB? It means if you're going to trade that SOYB, boy, that almost sounds nasty when I say OYB. But you kind of get it. In the case of SOYB, price should rally up towards a 25, 93 level. It is above its red-ossoed and change line as are the other three futures contracts out here. So it does look like we're going to get a bottom today. Looks like it. Don't know for sure. But looks like we get a bottom today in the contracts that make up SOYB. I can understand somebody wanting to take that trade out there. And of course, if we get closed, as if we do get those bullish candles today and we see it closed below yesterday's low, you'd want to be out of dodge out there. So that's what's going on. We take a look at the SOYB contract out there. Now, I don't have any other requests. So let's do something else. Let's first close this out here. And let's take a look. Let me switch screens. Let's go over to my black background screen. What I'd like to do is we're going to follow SOYB. So we're going to follow that SOYB trade for a while out there. So that'd be one thing that I'd like to look at. Hopefully every day, maybe every other day at the worst case. What I'd like to do is find maybe one or two other instruments. And each day, what we're doing is we're tracking those instruments out there. I don't want it to be an ETF, the spies, the S&P, something like that. I want it to be a stock. So what I was taking around with earlier, before I came on the show, is there's a cool thing inside of Seasonix. It's a screener. This screener, now what I have this set to, so you can each see this tool out here, the upper left-hand side allows us to check out a market. Right now, this is defaulted to the Dow Jones Industrial. So we've got all of the stocks with inside of the Dow. I believe we have all of the stocks with inside the Dow. Today is February 8th. That becomes our start date. And let's say we want to explore what's transpired over a 20-year period and what's taken place on average during the 31 to 60-day time period. What instruments, how have they traded to the upside or to the downside? Now what I've got in here are long positions. And the long positions, the one that show up here for the Dow, Apple, typically over that 20-year period is at a 50% return out there. Not too bad. Maximum profit's been 35%. Maximum loss about 16%. Of course, that would be a little bit of a stigma. You got Apple, United Health, Chevron, Caterpillar. That's inside the Dow. We can change this and take a look at other indices out here. The other indices you and I could look at are the NASDAQ 100. If we take a look at the NASDAQ, we're looking at booking holdings. This year, booking holdings has outperformed, quite frankly, by far all of the other instruments that are within this scan. Up next would be Dollar Tree, followed by Apple, CSX, Monster Beverage. Maybe it's Monster Beverage that will fall. I want to take a look at... You're not seeing the chart? I thought I had switched over there. Sorry there, Mr. Bill. I love when I go through that whole dissertation and then I pull... Oh, it's not showing up. That's really wild. What the heck? Huh. Okay, let's try this. There we go. You should see it now, Mr. Bill. Let me just... So again, here is the... This is the tool that the folks at Seasonix, they provide the seasonal data that you and I get a chance to look at. This screener, right now, it's set to the NASDAQ 100, upper left. Today's the start date. We choose the period. We don't have to be 20 years. I've defaulted to 20 years. What time period? What takes place within the next 31 to 60 days out there? And then, simply, what are the instruments? How do they show up? This is for the long. If I were to go ahead, we had a bias to the short side, then we'd be taking a look at these instruments. So to the short side, we'd be looking at eBay, Align, NVIDIA, Autodesk. Now, how I would do this is I would take a look at these instruments. I'd take a look at this one we would do. We would go ahead and take a look at anyone that has a topping or bottom pattern out there. So what I'll try to do, and I say try, I've got a very full day, full afternoon out here, is what I will try to do over, I'll tell you what, because tomorrow is Friday. By Monday, I will select, and I'll show you how I've come up with it, we'll select one or two, let's say one instrument to the upside, one instrument to the downside out there, and we'll just simply track them, utilizing this tool. But you can see how this works. Again, that's the NASDAQ to the downside. This is the NASDAQ to the upside. Might be worth at least investigating booking holdings, behave, and gee, 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 stocks, and commodities, subscribe to the opening call newsletter at TFNN.com. 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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 It's time to protect and grow your money with insight you can trust. Join us live Monday through Friday during market hours for exclusive content that moves with the markets. At TFNN, we bring the trading floor to you. Our seasoned hosts are here to answer your calls and questions live on the air. Check out the Tiger's Den for just $1, and follow us on YouTube and become part of our vibrant community. And remember, at TFNN, we're so confident in the value we provide that we offer a 30-day money back guarantee on all new premium newsletter subscriptions and services. You have absolutely nothing to risk. So why wait? Tune in live to Tiger TV and transform your trading journey. Because when you know better, you invest better. Join us and experience the difference today. TFNN Educating Investors The price is trading above profile. It's trading above its green octane and change line. It's in a full-out bullish breakout mode out there. So on a daily time frame, we're going to breakout mode. We look to see if we can find any topping patterns on the intraday charts. Turns out, five-hour chart doesn't have any kind of topping pattern. Price right now is $1 million. The price is trading above profile. It's trading above its green octane and change line. It's in a full-out bullish breakout mode out there. pattern priced right now in this bar closed at 2 p.m. was taken on resistance resistance up at 17 875 50 be close above that at 2 p.m. it says we had higher the 240-minute chart is really doing the same thing testing out profile resistance the 120-minute chart doing a similar thing taking a look at profile resistance so we could see a stalling of the rally here just take and look at that top row of a five-hour a four-hour and a two-hour time frame chart out there now in the case of the two-hour time frame chart embarrassed reversal candle would confirm a top the same can be said about the 60-minute time frame chart we do not have that as we speak instead what we have is priced above a green outside and change line above the top of its profile the 60 minute time frame chart is in full bullish mode out there I don't see anything negative on the 15 or the 10-minute time frame charts out here so it's really going to be all about this resistance level that right now the NQ is trading into and again that's up at that 17 876 area out there we're trading at 17 878 so this is the area to watch now if we get retracement some pullbacks out there where would I expect that we would find support I would watch 17 801 as my first area on a move lower the 17 801 fails 17 716 would become the price target folks stay tuned for all the great programming thanks for joining me on terrific Thursday I hope you'll be back tomorrow on Fantastic Friday be safe out there have a great day we'll look forward to seeing you again soon take care now