 The following is a presentation of TFNN The Trader's Edge with Steve Rhodes at 1-877-927-6648 or internationally at 727-873-7618 The Trader's Edge Now Steve Rhodes. Good morning folks. Welcome to the May 17th. The wonderful Wednesday edition of today's Trader's 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. I hope everyone out there is having a great day. Let's make sure we have an extraordinary one and the easiest way to do that is to always remember that life is happening for us, not to us. That's right. When you and I make that one little two-by-four shift, it means we can find a gift. In every set of circumstance that has been tossed out, sorry, was looking at something that got sidetracked there. I thought maybe we were having the same issue we had with the microphone, but we don't. So that's a good thing. In any event, folks, look, I would love to hear from you. So give us a call at 877-927-6648. If you can't call him, but you've got a question, then send me an email. Now send that up early because sometimes these Internet service providers, it takes a while to get to me. Send that up to Steve at TFN.com. It's the subject heading just to make it easier for me to differentiate your email from all the junk that I get. Just put radio show question. And of course, if you're inside our Tiger's Den, like Mr. John did, you can send me any kind of message, private or public. So let's go ahead and get this show started on wonderful Wednesday. Of course, this is Tiger, Financial News Network. I'm Steve Rhodes. Welcome to the show. We got a sea of green out there. You've got all the U.S. industries that we track trading to the upside. Dow's up 129. S&P 15. NASDAQ 47. All those up about four tenths percent. Eight tenths for the Russell. That's 15 points. One of three tenths for the Summars. That's 40 points out there. One percent, nine tenths percent for the Trannies. 124 points. Leading the charge, dollar-wise, the upside. You've got service now. 19 bucks, 4% lamb research, 14 bucks, two and a half percent. Broadcom, 11 bucks. One and seven tenths percent. Keysight technology, 11 bucks, 7% out there. United Rentals, 11 bucks, the upside, 3% move. To the downside, it's Madrigal Pharmaceuticals, off nearly 12 bucks. That's 4% move. Agilisys, down 9 bucks, or 11% world wrestling, entertainment, down 7%, nearly eight bucks. Everest Real Estate Group, down 650. Renaissance Holding, down about 6 bucks, a 3% move. So we've got movers and we've got shakers out there. So let's do this here. Let's first start and take a look at where we at with regard to market breadth. So let's take a look at our four primary time frames. The Daily, Weekly, the 240 and the 60. This is the S&P 500. So even though you've got a nice little rally going inside the S&P 500, expect it to be very choppy because all four of these speed dials are in the negative. And in fact, if you take a look at a 60-minute time frame chart, you have 47 instruments trading above profile and 335 trading below. Wow! Now you want to see, this is, we're going to see the exact opposite. I don't know if we're going to see it, the exact opposite. But let's take a look at the NDX100. What do we have? Wow! So that's really wild. I did not expect this. So you are negative market breadth for the NASDAQ 100 and the S&P for all four time frames out here. We're going to go take those intraday charts, see if we can find any kind of topping patterns out there. So you got market breadth negative with the price move up. It says be careful for a trap door. At least that's what it says to Stevie. So let's go put up a chart of the, well I'm interested in NASDAQ because that certainly is leading the charge out here. So let's take, whoops, that wasn't the set of charts I wanted. Give me a moment, we'll get there and then we'll change over. It's right here. Okay. So let's go change over to the A panel set of charts that I've got out here. White background charts and see if we can figure anything out with regard to the NQ. Let's start just simply with the shortest timeframe. Let's go lower right all the way to upper left. Someone just expand this out. What do we see? So all we see here is basically a consolidation. We see a consolidation. We're up towards the top of the consolidation. No, other than that, no signal. So no pattern that I've got. Let's try the 15 minute try. I doubt we're going to see anything more here. Well, we do have actually a Rosemont Dominicator bottom. And with price above profile and its oscillator and change line, this suggests that it wants to get back and test that TD9 count high. However, it's inside that swing point. As long as it remains above 13, 532.50, or just above that right now, the nods would favor going at least testing that swing high, because of that bottom signal that we have. If we look at a 30 minute timeframe chart, let's expand this out as well. Nothing new here. We do know that it's TD9 count top hell. But again, you just see that consolidation that's unfolding, whether it's in the smaller timeframes or the larger timeframes. On a 60 minute chart, we don't have anything here other than price trading into the sell zone. The sell zone is about where it's at right now, 13, 529 up to 13, 554. The two hour chart has a wave seven top out there, and price is consolidating with inside its profile. That would say if you want to sell, the target might be that 13, 554 area to put on some kind of a short position. The 240 minute chart has a TD9 count top. Now, if that high gets taken out, that means a close above it on a four hour timeframe, the next four hour timeframe bar closed at 2pm. You need to see a close above 13, 554, 50. If we get that, that's a signal that you've got further rally to go out here. On the five hour timeframe chart, it has a sell the D point pattern, a close above that TD9 count top on the 240 would accomplish the same thing. And then finally, we're left with the daily timeframe. And then the daily timeframe, we're likely going to go ahead and negate its roads with the mitigator top. That form, we had that little bear sash candle back here on May 12. So that sets up the resistance as the high of that candle. The high of that candle is 13, 494, 25. Now, even if that gets taken out, we're trading above that right now, you can see that yesterday was bar number eight. Yesterday was also bar number seven of a potential wave seven top out there. But of course, if you get one tick above yesterday's high, that continues to extend. This is going to become bar number nine, as long as price closes above the close of bar number five, that close was 13, 446, 50. So even though you could lose one topping signal, you would have another that would replace it. Now the TD9 count top would not really complete until tomorrow. It'll be confirmed, could be confirmed today, but we'll not complete until tomorrow out there. So what does this say to us? It says we really have the top in place. There's no reason for the NQ that the NQ needs to take out that TD9 count top. It's basically like well, so here's the issues. So let's take a look at the issues out here really would be the semiconductor index. So let's go try to take a look at that. I wish I had has market data for that. I don't. I'd have to manually do that. That would be a take a while to do. So we're not doing that. I think it'll take a while. But let's take a look at the SMH. So here you can see inside the SMHs. Yesterday, they completed the one to one A to B equals CD. I think we looked at that during the show. But what we didn't know was at day's end that we were going to see a bearish shooting star candle. Now that should have confirmed a Gartley cell pattern. I don't know where today's close will be. But if today's close is in fact below yesterday's high and yesterday's high is 127.42, then that pattern still remains in effect. Whereas if it closed above 127.42 or whatever the number was that negates that signal and says we move higher. It's only daily pattern out there is still the A to B equal CD to the upside. And that would say it would need another bearish reversal candidate to confirm a top. If you were to ask me, where is the SMH headed to? Assuming it closed above yesterday's high, the inch would be 130.25. That's the top of its weekly profile. Boy, these markets are confusing. Negative market breadth across the board inside the S&P and the NDX100. And the semi-sand, I don't know what kind of top you guys are talking about. I want to head higher. See broads with TF and N. We'll be right back. 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. And he also has weekly coverage of the crude oil market and the 30 year T bonds as they both influence Forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60 minute webinar archive. He just hosted Forex strategies and fundamentals. What is behind the Tiger Forex report? For all the details and to start your 30 day Tiger Forex report 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. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman and your inbox every day. First-time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com, educating investors. Steve Rhodes started his trading career as a student almost 20 years ago, and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn, and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money back guarantee, so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 days risk-free today. TFNN, educating investors. Welcome back, folks. You got the Dow up 200 S&Ps up 25, Russell's up 70. I'm sorry, Russell's up 18, Nasdaq is up 73. We'll take a look at the Charter for High Grade Copper. We're looking at the July contract. This is a question from inside the Tiger's Den from our man, John, or otherwise goes by Z. And the question is specifically, what level must be exceeded to confirm a new rally? So, John, I have to answer the question this way. First, if we take a look at the monthly timeframe chart, and I realize we've just been way through the month out here, but price was trading above it, closed above it for four consecutive months. And now we have price, and that was a bearish structured monthly profile. And so price has pulled back into the level. The exact level would be 3.6559. The actual low has been 3.6525. If this is just a countertrend move to the downside, that's where it would find support. So that's a suggestion to me that the rally has already begun. Now, the weekly chart says, well, I'm not so sure, but the week is not over. Last week, it did close below the bottom of its weekly profile. So the first number of the piece of your puzzle is going to be, can price get back above the top of the bottom of that profile? And that level is 3.7872. If we get that, that combined with the monthly chart out there, that would then say to me, okay, we already have a bottom. Now, in the daily timeframe, yesterday, the daily timeframe, well, really, it was a couple of days ago, it closed below its breakout level of 3.7445. There's an A to B equal CD to the downside. We can see that. If you can't see that, folks, let me just go ahead, I'll draw it in here. We'll just simply use a line chart. We'll go from A to B. So let me draw this in here. So it's our TD9 count top out here, all the way down to wave number seven. I'm just simply going to go ahead and move that chart over here, or that line over there, and I'll pull the chart. So we can see that we're already, so what it's doing today, and that is the daily timeframe chart for high-grade copper, is it may, I don't know what it will look like at day's end, but this is confirming a Gartley buy pattern. Why? Because at the completion of the one-to-one level, we're talking about almost like an exact completion of the one-to-one, we now have a bullish engulfing candle. What I don't know is whether this will be a bullish candle at day's end. But, John, as we speak right now at 11.20, if this were the end of the contract time period for the day, I would say you already have the confirmation of the bottom. That didn't answer the question that you had, which level must be exceeded to confirm a new rally out here. So in the case of the daily timeframe chart, this is where you really, this is a piece of the puzzle out here, and price is below that red oscillator change. So that's the first level price got to get above 3.7732. You get above that. Well, now it's got to deal with daily profile levels. No idea how to get through. Remember, the monthly was a barestructured profile. The daily is a bullish structured profile. What's that mean, Stevie? That means unless a new profile form between now and then, then being what price would get up there, that's where a counter trend move would end to the upside, and that would be at $3.87. I think that's too early to call at this stage here. But so again, just to step you through the process with regard to high-grade copper, the monthly chart has pulled back to exactly where a counter trend rally would find support. The weekly chart has closed below the bottom of its weekly profile, and that could be saying lower price, but if it can get back inside its profile, then it would be a false breakdown move. And to do that, it needs to get back above 3.7872 by the close of Friday. The daily at this stage here is confirming a Gartley buy pattern. If I take a look at the other intraday charts out here, I would say the 60-minute timeframe chart is showing us a resistance level, and that's its TD9 count breakdown level at 3.7755. So if you get a close above that, that would be another positive out there. So perfect, John. You got it. You got the information. That was the best way that I could give you the answer to your question. And what that's going to then do now is that's going to lead us into another question. So one of the questions that we've got out here came in from Hector. And Hector wants to take a look at southern copper. Now, I have not taken a look at his question, but since we just took a look at the copper charts, let's go see what southern copper is doing. And let's actually go ahead and, yeah, let me go ahead and read his question. I can come back to that right there in a minute. I think I put it right here. So let me pull up his actual email question so I can at least try to answer that. And it goes like this, as southern copper, where would you draw an A to B equals CD down and possibly by the D point setup? Thanks, and have a great day. Okay. So first with regard to southern copper, I can see that it has already completed a by the D point pattern. So his first question or the only question is where would I draw the A to B equals CD pattern? So let's draw on the A point. That's going to be here. I'll give you the date. Give me a moment. We'll get back up there. The A point that I've got out here was from April 19th. That led to a swing point low B point at April 27th. That then I'm going to go ahead and just simply copy that line. So let's do a little cut, paste and assemble. Everybody here can become a CPA. And now when we take a look at this, you can see that this has more than done the one to one A to B equals CD. Once we get to that area, we look for bullish reversal candles. Turns out, even though we had this gap to the downside on May 11, and then we had a little small body candle right at the bottom of the body of the prior candle out there. And then we had this move to the upside that gave us our three river evening or morning star pattern. What that does is that sets up your support level at 6882. So it's has completed the D point with that bullish reversal candle. Now we have a price that is trading with inside its profile out here. That profile runs from a bottom of 6992, a center of 6992. And that level was tested this morning. That is your buy area, 6992. Now I don't know whether the price will get back there or not. It's still below the top of its profile, which is at 7102. If you close above 7102, price should then target 7372. At the same time that Southern Copper is generating a buy the D point, a Gartley buy pattern on a weekly basis, prices, testing support at the bottom of the weekly profile. On a monthly basis, prices pulled back to test that green oscillator and change line. A green oscillator and change line is exactly where you would expect a retracement, even though this is a large retracement, a retracement to find support. So your question was not, is it a buy today? But the answer to that question is absolutely. And then we just put that together with Copper and the charts that we saw there. So you've got everything set up here, both inside of Copper, as well as inside of Southern Copper. So let's just say a great thanks to both Mr. Z and the Tigers Den and Hector, who was thinking the same kind of thing out there for helping each of you to identify two potential trades out there. And it's only 11.25 in the morning. Boy, is that a beautiful thing or what? Okay. So let's move on to our next request out here. Next request coming from Roger. He wanted to take a look at a more detailed review of that Dow Equity Future contract. So let's get back here. That wasn't it. Let's see if we get back to the day trading. There we go. So here we've got the Dow Equity Future contract. So we can get down to a, the question is, as I look at this, what do I see? What do you see? What is out here to assist us with regard to the way that the Dow is trading? So on a daily timeframe, just simply open up the charts here, you know, you've really got, I keep expanding this consolidation pattern out here. Your support level. So just simply using candlestick, this is not pattern recognition or anything along those. You've got a Bolshevik Golfy candle here that says the low of the candles added in golf becomes support. So in the case of the Dow, your key level of support right now, because we're going to be a profile level, it's going to be 33-004. Note that on your pad of paper, we come back, we'll finish looking at the Dow Equity Future. 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. And now they are expanding their reach with the Tiger's Den, available to all Tigers and Tigresses for just $1 for the year. There's no cash or added costs when you join our community of traders. In the Tiger's Den, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other Tigers and Tigresses as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tiger's Den at Discord is accessible on mobile or tablets as well, so it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. And it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 am to 4.00 pm Eastern. For free, each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN Educating Investors. Swim Banner on the front page of TFNN.com. Back folks, so we're still looking at the Hidalgo Equity Future contract. This is for Roger inside the Tiger's Den. So, Rodge, we've got support. We've identified a level of support on the daily timeframe. Let's just keep going across the top of the five-hour timeframe as a confirmed rogement to indicator bottom suggests to move to 33-361. The four-hour chart has a confirmed rogement to indicator bottom. It has resist at 33-284. 33-284 is going to be your key resistance level. If price can close above that, we should see a further rally. The two-hour timeframe chart has a rogement to indicator bottom. It's trading into its barest structured profile with the resistance level being at the 33-283 mark. So, that's why 33-284 is going to be your key area to watch and observe today. The 60-minute timeframe chart, which had a TD9 count bottom, went ahead and formed a Gartley buy pattern. That Gartley buy pattern took price back to profile support and also turn chains on support. The move lower is done. If it can close above 33-233, it suggests it wants to move higher. The 30-minute chart also confirmed a sell the D-point pattern. Price found support at the bottom of its boiler structured profile. So, its work to the downside is done. Should continue to move higher. Higher to where? Well, we still got to deal with that 33-284. But if 33-284 can get taken out, then it heads up to the 33-372 mark out there. If I look at the 15-minute timeframe chart, even though it's got a roadsman to indicator signal, it's been triggered, no bearish candles or anything. So, it's just a potential for a little shower out there. I don't see anything on the 10-minute chart. So, overall, what the Dow Equity Future contracts are signaling to us right now, Roger, is that price wants to move higher. We don't know whether it can take out 33-284, but if it does wants to even move higher. And the odd thing is, and I'm not saying take a long trade, in fact, if anything, I would say this is a good moment to sit on the sidelines and watch what unfolds here because I just checked that market breadth again. And for the S&P and for the Nasdaq 100, it is bearish for all four timeframes out there. It's not that the market can't rally and that those can't shift. It's just really unusual out there. So, it's kind of like expecting something to come out of thin air out here to go ahead and send the market slower. But I've got to read the charts the way that I read the charts. And so, we just did that. And I hope that provided you with the information you were looking for on the Dow equity future contract. Let's get to the next question coming in from Jim Belaya wants to take a look at the XLU. So, let's see if we get that. That wasn't it. Let's see if we can find that XLU, the utility sector out there. Now, I don't know what the question was. I apologize. I didn't write it down. I don't know if there was a specific question. I'm going to take a look at it. But here's what we do know about the XLU. It's going to go target 65.59. Why do you say that, Stevie? Well, for a couple of reasons. The first reason though is it's been below the bottom of its daily profile. This is now session number three. And that becomes the area where it broke out from. So, that is the next level of support. On a weekly timeframe, price is trading below the center of its profile at 66.76. So, that says, okay, it wants to continue to move lower. 65.59 is the next price target level. On a weekly basis, the price target level will be 64.06. That would be the bottom of its weekly profile. And on a monthly timeframe, you have price above the top of its profile, but below its oscillator and change line. So, based upon the signals we see on the daily and the weekly, this says that it wants to pull back further. And this level of support would be 65.57, the top of its profile. So, what we've got with regard to target areas for the utility sector is going to be 65.57, 64.06, and 65.59 out there. Now, on a 30-minute timeframe, if we go take a look at it, just see what's going on intraday, we don't have any kind of a bottom signal. Not just, shall I take that back? Do I take it back? Do I want to take it back? No, I don't want to take it back. We do have a potential for a TD9 count pattern to form. But price must spike below 66.16 between now at 11.34, 8.12, 30. By one o'clock, we have to have a spike below that. Then you could potentially get a TD9 count bottom on the 30-minute timeframe. That would say expect a little bit of a rally out there. So, that's what I see when we take a look at the XLU. Lastly, how many days to the downside? Three consecutive days to the downside is what today's low may form. If we take a look back here, even during the very bearish of times, it mostly, when it got to a three-day consecutive move lower, it at least got a one-day move higher if not two or three days higher out there. I do believe over the long haul, that's where the XLU is headed. But I would say to expect or anticipate a likely bounce tomorrow or the next day out there. Hope that helped you out. Jumbilaya, thanks so much for the request. We had ELO inside the Tiger's Den. Wanted to take a look at KRE, the banking sector out there. So, we take a look at KRE out here. What KRE has done other than get trashed, it confirmed a roachment to indicator bottom, and it did that on May the 5th. It did that by generating a gap to the upside. That became its bullish reversal candle. Now, today, you've got a bear, a bull separating candle, another bullish candle to confirm that roachment to indicator bottom. So, what I would say ELO is odd's favor. What the KRE is going to do is go target resistance. And resistance, the first level of resistance is 4047. The second level of resistance is 4132. Now, short of a new profile forming, what you can see here, ELO, is that is a bullish structured profile. The price has been below for several days out here. A counter-trend move. If this is all this is inside of the retail banking sector, it would find resistance at 4132. Not that it couldn't find it in 4047, which it can, but 4132 would be the end. If you see a close on a daily basis, about 4132, says this is more than a counter-trend move. Could it be more than a counter-trend move? Absolutely positively, yes. Why, Stevie? Well, if you look at the weekly chart, you have a TD9 count bottom. That's been confirmed. That says what price wants to do is move up to 4192. And 4192 is its oscillator and change line. So, KRE should continue to move higher. Look at that monthly chart. What does it do? It gets all the way back to where price broke out from 3517. Folks, learn the TD9 count system out there. It's an easy one. And, you know, depending on the timeframe, you know, intraday, it's not going to be so easy to calculate yourself. But on a daily chart for whatever positions you have in your portfolio, you should just understand where they're at. And you should do it for multiple time frames out. They're a real easy pattern. I teach it to you. Subscribe to Mastery of Probability. If you do for 20 and 80, it doesn't cost you anything out there. So, KRE definitely is a bottom candidate out here. So, I do hope that that helps you out, ELO. And thanks much for the request. The next question coming in from Tim, who wants to take a look at On Semiconductor. So, let's actually get to the question that came in by email. So, let me see if we can answer it. It says, looking for a long position when the opportunity rises, looking at the daily, weekly, and monthly out here. So, you have, oh, this is not on. This is SCCO. Let me see if I've got on done here. There we go. We got on. And, you know, the problem with this is, only way for me to give you an entry price is to tell you to plug your nose, jump into the deep end of the pool. And I'm not really a big fan of that. What price is doing, it has a swing point out here from February 20, February 9. That swing point did volume of 9.1 million shares. So far today, you're moving into with 4.2. You're moving to that swing point with volume. That high should get tested. The high of that swing point was 87.55. You're at 85.89. Now, I don't have any kind of a topping pattern in play out here. I'd hesitate to throw in an A to B equal C. Let me just, I'm like, other charts here. Let me just look real quickly. Just, well, I'll tell you what, we're going to a break right now. Let me just review ON on Semiconductor as we're in that break. See if we can come up with an A to B equal C to your nut. And, but it is headed higher. Steve Roach with TFNM. 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 TFNM.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman in your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. 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 TFNM.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pesavento 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, TFNM.com, educating investors. If you trade China A shares, now may be time to take a closer look. Trade CHAU or CHAD. Directions daily CSI 300 China A share bull and bear ETFs. China A shares in either direction. Visit directioninvestments.com today. An investor should consider the investment objectives, risks, charges, and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact direction shares at 866-476-7523. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, four-side fund services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. This is the monthly chart we're looking at. This will do more than a 1 to 1 A to B equals CD, at least at this stage of the game. More likely its price target is 125, that would be the 1 to 1.272 A to B equals CD at the upside. You're above the top of its weekly, its monthly, its daily profile out there. The only thing you can do out here, Tim, is you've got to look for some type of intraday pattern. Here we take a look at the 30-minute timeframe chart. You can see back here you had a nice TD9 count bottom pattern. That was at about one o'clock in the afternoon on May the night. That was really the last real good entry area into it. You could have perhaps taken something at 10 o'clock this morning, but you would have needed to have known where the breakout level was, 8171 TD9 count, as well as profile levels, which was a slightly bullish structured profile. So, short of that, I just think you've got to go down to a short-term timeframe chart and see if you can find a pattern out of retracement, and then you can go ahead and jump on in. Now, from a day's consecutive standpoint to the upside with regard to on, this is going to become day number six out here. And is it getting along in the tooth? It probably is. So, odds favor that you get some type of pullback, I'd say over the next 48 to 72 trading hours out there, trading the days, I should say. So, that's what I would look at when you take a look at on Semiconductor. So, thanks so much for the request out there. Let's go to our next request. I believe the next request that I've got, I don't think I have anything else inside the Tiger's Den, but if I do hold on, let me see here, we just make sure I don't want to... I don't think that I do, but if there was something and I didn't get to it, please let me know. We do have a couple that have come in by email. So, let's get to those. The first one by Joe. And Joe wants to take a look at Tilray. T-L-R-Y is a ticker symbol out here. So, let's get that up. He says, can you please look at Tilray for a buy to go along? Also, if you have time, can you please look at Natural Gas for a long position? Absolutely, we'll take a look at both of those. So, we take a look at Tilray out here. What do we see? What do we see? Let's pull this back on the daily timeframe. So, with Tilray dead, was it formed a nice rogement to indicator bottom? And it does that back here on April 27th, when price gaps up. And then, where does it run into resistance? The resistance that it ran into out here was the top of its weekly profile. And that number is up at 274. So, you really need to see two consecutive close above 274 to suggest that this might be looking at a change in trend and signal out here. So, for an entry position inside of Tilray, right now price today is pulling back and hasn't even tested it yet. Let's see what's going on on a 30-minute chart out here. So, on a 30-minute timeframe chart for Tilray, you have a rogement to indicator bottom. That formed at 10.30 this morning. Price is above its profile, closed above it at that 11.30 timeframe. What Tilray should do, at least right now, is get up to 245. If it can close above 245, it becomes a candidate for a bottom out here, not because of a daily timeframe pattern. We already have that, but price is pulled back and pulling back into an area that could be supported. Now, the real preference would be to retest that swing point from April 26th that had volume of 10.4 million shares. That was tested here with 7.1 million shares back on the trading day of May 2nd. Volume-wise today inside of Tilray is only about 3 million shares. So, if you're looking, here's where I would say it, to take your buy would be at 226. That would at least be a test of that swing point. If you get a test of that swing point on light volume, that would be good. You can see the bottom of the weekly profile is 223, so that's really where the combination of all that comes from. So, that's what I see. We take a look at Tilray out there. So, I hope that helps you out, Joe. You wanted to also take a look at natural gas. So, to take a look at natural gas right now, now we're going to roll over into the July contract here, Shirley. Let me just pull up the natural gas June charts. Give me a moment here. If you would, you don't have a choice. Oh, it's the Euro. Mike wanted me to look at the Euro. We're going to do that next. Thank you. I just didn't put it in here Euro for Mike. Okay. So, now as we pull up the Gold contract, gee, Stevie, that was when I was looking at. We wanted to pull up the natural gas contract. Sorry about that. When I get to take a look at the Gold contract, but that's not what I was asked for. So, let me get to natural gas. There we go. NG. Now, these charts will populate. You're asking if natural gas is a buy. Are you looking at the future contract? Are you looking at UNG? You know, what are you looking at? And the answer is going to be, yeah, it's a buy. It's got a Rosemont to indicator bottom. Price is just simply consolidating with inside its daily profile out there. Will it get more of a pullback out here? You know, because it did find resistance to the top of its profile yesterday and the top of its profile today perhaps. So, it is a buy and we had a confirmed Rosemont to indicator bottom on the daily. We have a confirmed TD nine count on the weekly. It looks like we might get a close above that oscillator and change line, which is about 226. If we get that on Friday, we have a change in trend to signal with battles up top when it comes to natural gas. Now, conservatively, the buy would be at about $2.20 cents out there. That is the asset and change on on the daily timeframe. What will we get down there? And what I don't have is any kind of signals on any kind of interday timeframe to suggest that that is the likely outcome there, Joe. But if you're asking has natural gas bottom, the answer is it has both on the daily and the weekly. And that's what that's all that we need out there. So, let's go to the next question coming in from Hector. Oh, no, I'm sorry. We're going to go take a look at the Euro. We will get to Hector's question, but let me close out this chart here. Let me just close out the gold ones to just freeze up some space. Give me a moment. We'll do that. Then we'll get right over to the Euro for Mike. Mike in the Florence, previous of Sarasota and a few other places. So, we've got our traveling or traveling like, which is a wonderful thing. So, now let's take a look at the Euro charts. So, on the indication of the Euro, the Euro on a monthly basis says that that move, which looked like it had regained its trend line was a false, was a false indication. We're back below that trend line. So, I saw you said something about trend line. I don't know if it was for that long-term timeframe right now. On a weekly basis, price has a seventh wave move top. That is letter G. You can see that out there. That's a very small portion of the Chapman wave. And now price is below its Ossetian chain line. So, the further retracement is likely. So, that's the weekly chart. Daily timeframe chart shows that price is broken through its consolidation. Price is testing profile support out here. Although, I don't really use, we're not going to use profiles. So, we can't say that. You are in bar number seven out here. So, you could get a daily TD9 count bottom between tomorrow, Thursday and Tuesday of next week. So, Mike, we need to be on to look out for that as a potential pattern out there. So, I don't see any other kind of bottom signal. Don't really see an A to B equal CD to the downside. I do see a 60-minute TD9 count bottom. But that's about it. And price right now bouncing right up into where a countertrend move on a 60-minute basis would stall. So, that says, if you can't get a close above 1.086, you're likely to head up to 1.0867, CD9 count breakdown level. So, hope that helped you out, Mike. If there's additional information I need, please let me know. Hey, where's the euro going longer term? We'll take a look at the A to B equal CD to the downside for the yearly trade. That's a beauty. Steve Rhodes with TF&N. 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. 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. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman in your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com, educating investors. 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. Sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. Welcome back to folks. Apparently I pulled one of those Stevie tricks out there, talking about one thing, showing something else. So my apology for that out there. We've got two requests out here to at least take a look at, maybe three if I can get to platinum. Hexon Mobile, Hector wants to take a look at Hexon Mobile. What do we have here? You've got an A to B equal CD to the downside. So the B point, which is from the trading day of May 4th, the volume of 17 million shares, that was passed with 17 million shares. So you've got an A to B equal CD to the downside out here. You do have support at 102.34. That's on the weekly timeframe. So the weekly's got to confirm rogment of indicator bottom. The daily A to B equal CD to the downside will come to fruition if we get a close below 102.34. Now reality is it would really need to close below the support level on the weekly timeframe, which would be 9802. And that's based upon that candlestick support level out there. So there is an A to B equal CD to the downside. You are trading below the monthly center of its barest structured profile. So it says 84.58 could even be game out here. But right now I would be watching 102.34 for additional clues out there. So I hope that helps you out, Hector. Bob in Spokane wanted to take a look at ENBX out here. So let's pull that up, see if we can figure out what this is. ENBX is trading at about $12.60, $12.62 to be specifically. This is NOVIX Corp. So what do we have out here? Right now I'd have to say you've got a weekly TD9 count top that took price back to support, the bullish structured profile area. So the move to the downside, the top is done, the move to the downside basically should be over out here. And I've just got a good old fashion consolidation within that profile level. So the consolidation we'd say runs from about $870 up to $14.73 out there. There's really not much else for me to report on to yet with regard to ENBX out there. Well, I guess the last thing I could share with you is look at the 30-minute timeframe. Well, the daily's got $12.75 as a resistance point. The 30 minutes got $12.83, TD9 count breakdown resistance area out there. So I do hope that that helped you out. That was for Bob in Spokane. And that is the end of the show out here. So folks, thanks much for joining me. Have a wonderful Wednesday. I'll look forward to speaking with you again on a terrific Thursday. Take care. Be safe out there.