 The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes. Toll free at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good morning folks, welcome to the July 6th, the terrific Thursday 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. Hope everyone out there is having a great day. And 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 can make that one little two-by-four shift, it means we can find the gift in every set of circumstance that life is going to toss at us. Now, today, you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those 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. We're in this next 53 minutes. I'm here to serve you. So feel free to pick up that phone. Dial on in at 877-927-6648. Now, if you've got a question but you can't dial in, we've got you covered there too. You can send an email. Now, send that up early. Send that to Steve at tf9.com. And inside the subject heading, please put radio show question. Now, if you're inside our tiger's den, well, then any. And every ping will do. So let's go ahead and get this show started on terrific Thursday. Of course, this is Tiger. Financial News Network. I'm Steve Rhodes. Welcome to the show right now. You got a sea of red dows off 482, one of four tenths, one of three tenths for the S&P, 58 points, one of four tenths for the Nasdaq, 100, 207 points, two and a half percent for the Russell, 46 points, 84 points for the Summars, that's two and three tenths. Trendy's down one and a half percent, 225 points there. You do have that spot bulletin which is up 18% right now. You're going to watch day end. If that is above 10% odds favor, especially if you've got a Rosemont indicator signal in the future contracts that you're going to see some type of bounce or bottom overnight. Gold's off 12 bucks. Silver down 52 cents. Light's recruiters also have 52 pennies. Natural gas down 2 cents. 30 Treasury printed out at $1.2327. That's off one point and 13 ticks. Now, leading the charge, dollar-wise the upside, we've got Perion Network up $2.66, a little over 8 and a half percent. Health equity up $2.30. That's up 3.7 percent. Caribou BioScience is 58 percent. That's only a $2 move. Health equity, well, we did that. LPL financial up $2 as well, about a 1% move. To the downside is Mercado Libre down 7.5 percent. Nearly 100 bucks, 94 to be exact. Asimil Holdings down 20 bucks, 2.8 percent. Hubspot, 17 bucks, 3 percent. Model the power systems, 15 bucks, 3 percent. Broadcom, nearly 2 percent or 15 bucks. So we've got things to look at. We want to look at what you want to look at. Let's begin by, well, let's actually begin by looking at the most bearish thing that I've been able to find today. And that's on the chart for Apple. If we take a look at the Apple chart right now, the Apple chart here shows that we have an island top. Now, this is at the end of an A to B equal CD. I believe this is 1 to 1.6 when A, but let's go find out what it is. A point down at the low of January 3rd. B point the high of February 3rd. It would be nice if it actually took those numbers. Come on, aren't you working? Let's try this again. Oh, man, oh, man. What the Sam heck is going on here? Wow. Okay, folks, so much for that A to B equal CD, although that's very odd. No, we're going to do it over here. So let's go over to the three-time frame, say APL. Probably should be over here anyways. So now let's go take a look. So here you can see the island top. So to take a look at this, first you have a gap up that takes place between June 29th and June 30th. The high of June 29th is 190.07. The low of yesterday is 190.62. So you've got a little bit of a gap there. The high of today is 190.46. So we've got a little bit of a gap that's inside there. That sets off this island top. Now, an island top pattern is as bearish as you can possibly get. Now, in the case of APL, as I mentioned on the daily time frame, this is an A to B equal CD pattern to the upside. So here we go. We've got this now working for us. So you'll see the A to B equal CD pattern, the C point being March the 2nd, gets up almost to the 1 to 1.618, C to D leg out there. So very bearish. Now, you also have a new profile that formed inside of APL. So this will not get really bearish until we see a close below support. And support in this area here is 185.96. Now this is a bowler structure profile. So APL should find support between 185.96 and 187.85. So that's the first thing. Let's go take a look at switch panels here. Let's go take a look at the Apple charts, daily, weekly, and monthly. Now we'll just look for other signals out here. So, you know, we're looking as a daily forms of top. What we like to see on a weekly is some type of top formation as well. So let's switch over here. And as we take a look at the weekly chart, all we have at this stage is a, well, you could get a sell the D point pattern, but we're too early into the session to know that. And of course it would be the close to tomorrow. Needs a bearish reversal candle. What Apple needs on a weekly basis, spike above the last week's high. Last week's high out. It would need that between next week and the following week. That high is 194.48. So on a weekly basis, if that doesn't fold, you could get a TD9 count top. Your other pattern is a bearish reversal candle, whether it's this week, next week, whenever, to confirm a sell the D point pattern. But right now inside of Apple on the daily timeframe, you've got to sell the D point pattern. On the monthly timeframe, we have price that negated a TD9 count tops. This got actually a very large A to B equal CDT upside. We're not going to go into that right now. I would go into it. If these patterns here, well, at least at this stage here, if the daily pattern fails, but what we really want to watch is 185.96. Now, in the case of Apple, if that support level fails, what we'd be looking for then is to move back to 1863. 1863 is its most recent breakout area. And depending on today's close, you could get another TD9 count top. Now, this will not identify a top out here, but it would set up the next area of support. And that would be down at 185.01. So 185.96 and likely 185.01. But we won't know that until days end. So in the case of Apple, it's got the most bearish signal that I've been able to see out here. There may be other individual stocks. And it's more important when it comes from a stock versus an ETF as an example, that might be following the futures markets out there. So you really want to understand what components it is that we're looking at. When we take a look at the number one stock under the number two stock, Apple, that bearish, that island top is something to certainly pay attention to. Now, let's take a quick peek. Let's just stay over here. Let's take a look at where are we at market-breath-wise. Now, we know we're going to be negative or we shouldn't be negative when it comes to intraday, 30-minute timeframe. 83 above, 187 below. For the S&P 500, the NASDAQ has a total of 7 above, 48 below profiles. So we know we're very negative market-breath when it comes to the 30-minute timeframe chart. Let's look at the other four timeframes that we monitor. And here, we've got the S&P 500, the ESMany, only bearish for its 60-minute timeframe. For the 240, you still have 177 above, 164 below. So it's the 60 and the 30-minute for the S&P 500. In the case of the NASDAQ, it's the 30, the 60, the 240, the daily. And again, we just spent a little bit of time talking about the island top formation on the daily timeframe for Apple out there. And that has a bearish connotation. Trade above the 50-day expansion moving average for the spot volatility says a bearish confirmation. But we come back to this break. Let's take a look at what we should be looking for if there's a one-day rate of change about plus 10% in the spot volatility index. Tigers and Tigresses get ready for our annual 4th of July Tiger Dollar sale. 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The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys and 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 TFNN.com Educating Investors Visit TFNN.com and try mastering probability 30 days risk-free today. TFNN Educating Investors Toll Free at 1-877-927-6648 Internationally at 727-873-7618 Folks, you've got the down-down 501 recipes of 60 and NASDAQs of 222. Let's take a look at a couple of requests that have come in. First one from Options Dan inside the Tiger's Den. Options Dan wanted to take a look at the SMHs, and he was most specifically interested in this 10-minute timeframe chart. So let's pull the 10-minute chart out here. And Dan, what you've got is a TD9 count bottom that formed right at 11, this 10-minute chart, right at 11.10. And so that low there, which is a critical low for you to be watching for this specific timeframe. Let's give you that low out here. That low is going to be 147.21. Now what Price should do, first you can see, this is a bow-structured profile for the 10-minute timeframe. What Price should do is target Sosleder and change line. But this bar and this bar, bar 9, and the bar following bar 9, were closed below the bottom of that profile. So if this is only a counter-trend move, you would expect the SMHs to run into resistance at 148.28. If Price closed above that for the 10-minute timeframe, says there's something more to it than that. So you've got a TD9 count bottom. Price should make its way up towards the Sosleder and change line at 148 even, or perhaps 148.28. A close above 148.28 would suggest a further rally. If we take a look at the other timeframes now, here's the daily, weekly, and monthly on the daily timeframe. Roadsman to indicator top. That has pretty much led to a sideways move. Now Price is getting back into a swing point that formed back here on June 26. 7.4 million shares traded hands that day. So far, we are at 1.6 million. So we're 1.6, 3.2, 4.8. So we're going 4.8, going against 5.9. So the SMHs options, Dan, are pulling back with lighter volume, at least as of 1120 in the morning out there. So that low should hold, although it has not been tested. So don't know for sure. If I look at the weekly timeframe chart, you have a sell the D point pattern. Price should get back to test the Sosleder and change line. That's currently printed 144.58. No signal on the monthly timeframe chart. When I say no signal, it's bullish when we look at its chart. Price is above the top of its profile, a TD-9 count breakout level. It's greenhouse that are in change line. It's bullish and it says it wants to go target the highs out there. So that's what I see when I take a look at the SMHs. Today will be bar number two of consecutive moves lower, or should be, or could be. And as we take a look at the rally coming off of the low here, we see two, three, four bar knee jerk reaction low. So you could be looking at a bottom that could form a tomorrow as well. Again, light volume on the pullback in the SMH at least as of 1121 in the morning. So options Dan, I hope that that 10 minute chart helped you out. Thanks so much for the request. We have another Dan inside the Tiger's Den. And this Dan wants to take a look at multi timeframe charts for Nike. He also was interested in the short term timeframes, the intraday charts out here. So we take a look at Nike, just like we looked at a 10 minute chart for the SMHs, Nike has also formed a TD9 count bottom. Now that's going to complete here at, unless this is off, hold on a second here. Let me just get my cursor. This is 1110. Huh. So I have a little bit of a delay here, Dan. Yeah, definitely a little bit of a delay. So this should have confirmed 1120 out there. So you've got a TD9 count bottom on the 10 minute chart. Watch the oscillator and change line. Right? Well, I don't even know where it's trading at. Hold on a second here. NKE. Now that I know I've got a little bit of a delay there. Nike is trading. Oh, wow. I really have a delay. This is trading at 103.85. Hmm. Sorry about that, Dan. Oh, so on the 10 minute chart, the intraday chart, I don't know why it's not giving you the, not giving us the data, but that's a bummer. So we're not trading at a, not getting the feed through here. 104.43, 103.35. So here's what I can do for you. It's the only thing I can do right now. Price of this, what Nike did, we talked about an island bottom inside of Apple. Nike formed an island top inside of Apple. Nike formed an island bottom. That was right back here. However, that island bottom might have gotten rejected. Let me see. That high was 104.60. And this low out here was 104.60. Right on the button. In any event, price is trading below profile, below Red Oster and change line, moving back in that June 1st swing point that did volume of 12 million shares. You had 3.6 today. So you're still light in volume, but you need that low to get tested in the case of Nike. And that low is at 102.90 out there. It's not trading at 104.31. It's trading at 103.86 as we speak right now. So my apology for that, Dan, as far as the other intraday charts out here, it looks like you've got a TD-9 count pattern under 130. 65-minute, as a TD-9 count bottom, a price would need to close above 104.37 at 11.40. So that's another, what, 16 minutes or so from now in order for that pattern to hold out there. So Dan, best that I can do, I do hope that that helps you out. Thanks so much for the request out there. The next request coming in from, next request coming in from Peter in Park City. You want to take a look at the New York Stock Exchange Advanced Client Oscillator. For that, we're going to go ahead and switch screens here. We'll get to the black background screen. Now, Peter, the Advanced Client Oscillator a couple of days ago, I believe it was on Monday or was it Friday? It was on July 3rd. It was on Monday. The reading on July 3rd, the closing reading was 159.09. And Peter knows this. He knows that when you get a close above 150, that tells us about future prices for the New York Stock Exchange. And those future prices are that we should see higher prices. Doesn't mean today, doesn't mean tomorrow, doesn't mean the next day. It just means down the road, we should see higher prices. Now, what price is doing is it's now trading below the zero threshold level. But this is only day one below that area. You need two consecutive days to confirm that sellers are in control. I think sellers are in control as we speak right now. But that's what the message of the New York Stock Exchange Advanced Client Oscillator would signal to you, Peter. So I hope that that helped you out with regard to that information. We've got a request to take a look at the junior nugget out there. Those are the gold miners. Where did I put that? Wasn't there? Did I put it here? There we go. Let me actually get to the question. This question coming in from Joe. Joe writes in, can you give me an entry point for J-Nug to go along? Thank you. Well, Joe, I'd have to say right now, what are you waiting for? So here's, we take a look at the junior nugget. What we can find out here is this has formed a nice rogement dominicator bottom. It does this on June 29th, creates that nice big old bullish and gulping candle. Now, that swing point has 1.47 million shares of traded hands. It's down there right now with 794,000 shares. So you're actually pulling back with lighter volume. So what I would suggest is now it depends on just how committed you are to taking a long trade in the junior nugget. Because you're pulling back with volume into that swing point, odds would favor a test of that low. And that low would be 29.74. So 29.74 would or could be the level that you would be taking a look at. Joe. So we get back to this breakout here though. Let's finish taking a look at the junior nugget. We'll go take a look at how I don't know what it's trading at right now. I'll try to get things lined up here as soon as we get back. 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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Educating investors. The next show is the Junior Nugget JNUG. It's a ticker symbol. It's actually trading at 30.52. Now what this needs to do is this needs to tick below the low of the day, 30.37. It needs to do it. This is a 30-minute chart. We're in bar number eight. So you've got, that's going to end right now at 11.30. So by 12.30, you need to tick below that. If you do, you are likely going to get a TD9 count bottom. That might be your entry into the Junior Nugget. It would be at least worth a shot, my opinion, because you'd close that trade out with a close below last June 29 slow out at the 29.74 level. Now the reason why it could be a low. Let's take a look at this here. Here's your daily timeframe of consecutive moves, how you're in lower. Today is going to be a consecutive move lower of day number two. Now typically, if this is a bull market, that'd be the reason why you'd want to take a long position here. We'll typically get just two day or two bar moves lower out there. So that's why I throw that out as the potential there for a bottom volume. Why so, you know, if we just simply follow what we're taught by Tom, because you're moving into a swing point with volume, that response would be to wait for a test of 29.74. Of course, that would be wait for a test rejection of that on lighter volume and then wait for a sign of strength out there. The weekly chart has got a TD9 count bottom that it's likely going to complete this week. That would be another reason for you to entertain that physician. So I hope that that helps you out with regard to the junior nugget. Thanks so much for taking the time to write in. Mr. Z inside the Tigers didn't want to take a look at two different things. One is the NQ, the short term timeframe. So let's switch over. Here's the ES mini. Let's let me look at the ES mini first, John. Then we'll go take a look at the NQ. So in the case of the ES mini out here on a daily base, this is going to become a four river evening star pattern that confirms the roadsman communicator top. What price should do is pull back to test support. Because we're below a green oscillator and change line, support is between 43.62 and 43.99. It's both a structured profile. The five hour timeframe chart, the current bar will complete at 2pm. This is going to be the bar following bar number nine. This says we should have a bottom that is either unfolded already or should unfold by two o'clock. On the 240-minute chart, it says I want to go tag 44.13. It's TD nine count breakout level. The two hour chart has a TD nine count bottom that's going to complete at 12 noon. So that says watch that low. And prices pulled back to its breakout level at 44.18. We've actually gotten down to a low so far today at 44.19.50 out there. So the two hour chart and the five hour charts are signaling a bottom. The 60-minute chart is not a negated a TD nine count bottom. The 30-minute will have a TD nine count bottom or appears it will have a TD nine count bottom as long as price closes below. Well, I don't know if it will or won't. We've got to wait until 12 noon. But if price closes below 44.34, you will get a TD nine count bottom with price targeting 44.35. It's oscillator and change line out there. That's what I see when I take a look at the ES mini chart. So bottom, watch this, watch the 30. We'll go take a look at all the 30s, the five hour and the two hour. Now, let's go take a look at those NQ. Now, let's take a look at those NQ charts. And John really asked two questions. So I'm going to try to put all this together. The ES mini charts were important for us to look at out there. But he wants me to put that together with Spotball Analytics, what would be the buy signal there, so to speak. And as I mentioned to you, you get a one day rate of change above plus 10%. You then start looking for the buy patterns inside the shorter term. And I found the 30 minute charts to really work the best overall, but not always. The intraday or the 30 minute charts looking for some type of bottom pattern. TD nine count, I prefer the roadsman to indicator bottom. The reason is because that's a stretch pattern and those stretch patterns kind of like a ball in a pool that you push down. Usually you lose footing on that and that thing comes popping out of the water. The stock market can behave the same way. It would be nice if I actually had typed in the correct symbol. I just typed in NQ and that didn't really work very well. Now the NQ on a daily timeframe, although that's not what you talked about or asked about, it's just simply the consolidation with inside its daily profile. And that's between 14845 and 15370. On a five hour timeframe, unlike the ES mini, which had a TD nine count bottom, the five hour NQ does not. What the four hour NQ has done is pulled back and tested its breakout level of support. That's at 1519. So that's an area for you to watch. On a two hour timeframe, we're in bar number eight right now. That says at 2 p.m., you could get a TD nine count pattern that confirms and at 4 p.m., you could get a TD nine count pattern that completes. No signal on the 60 minute timeframe chart. No signal at this stage here on the 30 minute timeframe chart. The 15 minute has a TD nine count bottom, roadsman to indicator on the 10 minute chart. In order for the 30 minute chart to get a TD nine count signal, price is going to have to actually spike below and we'll have to do this by 12.30, spike below 15, 111.50. So with regard to, let me switch over and that's what's going on in the short term timeframe charts here for the NQ. But let me go ahead and pull open the 30 minute charts for the NQ for all timeframes. Give me a moment to get there if you would. Of course, you're saying, well, Stevie, we don't really have a choice. You're the one that's in control here. So we'll get those patterns populated. Now this is with regard to, this is with regard to what you'd be looking for if there is a one day rate of change above plus 10% this evening at 4 p.m. What you'd be looking for is you'd be looking for bottoms. Ideally like to see this in all four equity future contracts. So here's the 30 minute timeframe chart. Right now we can see TD nine count bottoms in the ES, the YM and the Russell 2000. And each of those patterns are going to, looks like they will confirm at 12 noon and complete at 12 30. Of course, the NQ does not have that same pattern. And I don't really have a pattern. I'd have to force something inside the NQ. I don't ideally what you would see John is this evening. You just look at that spot follow text. So it's a one day rate of change above plus 10%. Then you come back to the four equity future contracts and look for a pattern, whether it's a TD nine count could be a buy the D point. Get preferably the roadsman, Dominicator signals out there. Those are what you'd be looking for. And the NQ is the one that's leading the charge here, at least has been leading the charge. So ideally what's been leading the charge, you'd like to see some type of bottom signal out there. So I think that I answered your question, but if I didn't answer your question, please write back to me and let me know and I'll make sure that I get back to that. But was the short-term NQ. We also got the short-term ES mini and we got that spot volatility X in there. And Fletch, you identified as, I'll just pull back over here as Fletch put in and good job there identifying that. But I made a comment when I was talking about the island top inside of Apple. So if we take a look at the spy, there's an island top that sets up here. Now it's not the ideal island top in the case of Apple. It said it's all time high. So that's the first thing. Second here with regard to the spy, yes there is an island-ish type top, but it was really back at prior highs out there and the spies being controlled by the ES mini. So I would say if the ES mini had an island top, then the spy or the S&P index island top would have more meaning for Stevie. You kind of get the drift there with regard to an individual stock like Apple, that's it. Yeah, it was dragged down lower by the futures, but it really would be the individual stocks that I think are going to have more meaning versus something that's traded by an underlying instrument. If it's traded by the underlying instrument, you really want to go see what's taking on there. And if we go take a look at the ES mini or any of the equity future contracts, there are no island tops out there. So I just throw that out there for you to consider. Steve Rhodes with TfN. So in the case of Apple, if it hits 190.62, that island top is gone today. So far the high, or what the high was as of about 10 minutes ago, was 190.46. 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. 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The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Foreside Fund Services, LLC. This program is brought to you by Vista Gold, created on the NYSE American and TSX under the symbol VGZ. On 473 S&Ps of 53 NASDAQ 181, Russell's down 43, that's a 2-3-10% move to the downside. So back to the equity future charts out here. The one timeframe that does have synergy, meaning that we're going to get the same pattern, very close to the same pattern, is the 120-minute, two-hour timeframe. So we looked at the ESMini earlier. We can see that this is going to complete a TD9 count bottom when this bar comes to an end, which is at 12 noon. So that says any close below that low, and at the present time the low on the ESMini is 44.1950. So write that down in your pad of paper. But what I'd really write down is 44.18. If price closes below 44.18 on a two-hour basis, that says we're headed lower. In the case of the Dow equity future contract, the number to be paying attention to is its low. Its low is 33.967. If we see a two-hour close below that, that says we head lower as well. On the Russell 2000, the level to be looking at there, the price point to be looking at there, is 1835 even Stephen. If price closes below that on a two-hour timeframe, once we get past noon, that's going to suggest we continue to have lower. We have lower prices. Now the NQ is going to complete bar number 8 of a TD9 count at 12 noon. Bar number 9 needs to close below. Let me give you that number. This is at 2 p.m. Bar number 9 needs to close below 15,300. Seems like a likely outcome. And then we would have a TD9 count top. Now once we get these TD9 counts established, which are really going to take place in the next 17 minutes or so, what we should see price do is move up towards its oscillator and change line. That line is going to change. If price moves higher, that will move higher by subversa. So the ES mini target would be 44.64. The Dow target would be 34.336. The Russell 18.72. And the NQ, the target would be around 15.274. So it is a two-hour timeframe that I would suggest that you continue to monitor and pay attention to because it's giving us the most consistent signals. As an example, if we switch over, we take a look at the five-hour timeframe chart, the five-hour timeframe chart, you have TD9 counts for the ES, the Dow, and the Russell, but nothing in the case of the NQ out there. The NQ has been the leader, so we really need to take a look at the NQ and see what's going on there. And for that, we fall back to that two-hour timeframe. So therefore, that's what I would be using for the rest of the day, as well as the other charts there, but monitor that two-hour timeframe chart, and you should be okay. Now, in the case of Apple, the actual high, so interesting it's been rallying a bit, it's gotten up to 190.60, and if it gets down 190.62, still an island top by two pennies out there, but that could easily change by a day's end. If it changes, then you've got no island top inside of Apple, and we just simply move on from there. So with regard to other questions that have come in, with regard to other questions, I don't see any other questions at this moment in time. So what do we want to do? We've got five minutes left in this section. BTAI, if you need. Thanks, yeah. So let's go take a look at BTAI. Thank you, Dan. Give me a moment here. We'll get back to that set of charts. And let's go see what BTAI is doing. BTAI, let me get to my other screen to see where it's actually trading at. See how far off I might be. So it looks like around 11.33. No, 10.81, 10.86 on my other screen. So specifically, Dan, at the price point of 11.16, 11.16 is the top of its daily profile, and right now, price is trading at 10.82. I know it is showing on my other screen here. That's dealing with some of the delay. So BTAI has a TD-9 count bottom. That pattern completed a couple of days ago. What price should do here is, if it can take out the top of that profile, so you're at resistance, 11.16, then what we should do is see it move up to 12.48. 12.48 is the oscillator and change line. If price closes above that, then likely it will go ahead and fill the gap. Now, that's the daily timeframe out there. On a weekly basis, we don't have any kind of a signal out here for BTAI. And on a monthly basis, no signal other than price getting back towards its breakout level, 5.58. It did that last month. It got down to a low of 5.88. 5.88 versus 5.58 out here. So on the daily timeframe, watch the top of that profile, 11.16, and then watch 12.46-ish. And if there's a close above that, you likely head higher. You're welcome. You're welcome, John, with regard to the NQ and the Spotball of Chillimax. Okay. Let me just check emails out there. I see nothing by email. And, okay, thanks. I'll read your trading plan there when I get off the here. Okay, so what do we want to take a look at next? Let me see what screen am I on. I'm on the white background screen. So let's switch over here to the black background screen. Let me give you the most information that I can. So I think what I neglected to share with you were the new profile levels that are being attempted here. Now, where it's not being attempted, that's where we're going to start is with regard to the Russell 2000s. The Russell's been the weak link out here. The bottom of its new bare-structured profile is 1834. 55. A low today, 1835. You've got to love it. So what the Russell 2000 has done, and this adds to John, I see John has taken a scalp buy in the NQ. So I think, John, that this helps add to that thought process at the weakest link out here with regard to the equity markets, equity futures markets, has been the Russell 2000, and this has pulled back to test support. So as long as that 1834 level here holds, then okay, because we don't have a level of support inside the NQ on its daily timeframe. We had to go down to those intraday charts out there. The S&P or the ESMini, also trying to form a new profile. This has shifted a couple different times today, but nonetheless, there's still a support between 4934 and 4407. The Dow, which did have a new profile that was attempting to form, that has now since gone away. So no new profiles there. I would say that if the Dow equity future contract were to close below 34101, we may get a ride down to 33965 level. So what's the most important takeaway from this set of charts? New potential profiles inside of the ESMini with support between 4394 and 4407. A new profile that confirmed yesterday inside the Russell, which has held support at 1834. So I do hope that that helps you out. Mike in the Tigers down, let's take a look at FCX. FCX, so let's get that up on our screen. Maybe a moment here while we get this to try to populate, why isn't it populating? FCX, what the heck happened there? Okay, it's loading now. This is from Mike inside the Tigers down. Just ask if we can take a look at FCX so we can. FCX right now, let me actually get to my other screen as well. See FCX, where is it actually trading at? Yeah, right now. So we're at the data feed here because we're live here at 3731. So we're good. Now, what FCX is doing, what is it doing? Let's take a look at this daily timeframe chart. I know it's trading lower, but is there a pattern? And I don't really see a pattern out here. Nonetheless, so we don't always have a pattern. What is the pattern? Well, the pattern here is price is trading below profile. Price is trading below a swing point that had volume of 12.4 million shares so far today. This has done 7.1. So you're taking out that swing with volume. I would say FCX is going to target 3331. I don't know if we'll get all the way down there, but that's where it is targeting like 3331. It's TD9 count breakout level. An area to watch here is going to be the center of its bullish rare structured weekly profile. 3721 there. Your price close to below that on a weekly base. We're looking at 3409. See broads 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. 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Subscribe to the Fibonacci 24-7 newsletter today. TFN.com Educating Investors As an added bonus, every order comes with a special TFNN mug. Happy Fourth Tigers, TFNN, Educating Investors. The weekly chart now shows that price was above a bearish structured profile for three consecutive weeks out there. That says countertrend moves to the downside. Wooder should find support at the center line. And that's what it's done so far. That center line is currently at 37.21. The low we've had is 38.40. The low that we've had so far this week is 37.20. Again, it's going to be an end of week scenario, but right now FCX is sitting at support. If that level fails, if that gives us another price target, which would be at 34.09, which is the bottom of the weekly profile, and on a monthly basis, the next target. So you do this in progression. At this stage here, we say that the 37.21 level is key support. If that fails, then 32.96 becomes the next price target. If that fails, then 34.09 becomes the next price target. If that fails, 33.31, and if that fails, 27.52. So that's how you put together those multiple timeframes, pull things back, try to figure out where price is likely headed to out there. Mike from Florence is inside the Tigers Den. And Mike, the perigee lunar phase came in, I think it was July 3rd or July 4th right around there. And so you had the apogee timeframes out there, whereas it's right here. So let me switch up panels, get over to the black background screens. Look at those new pivot points, at least for the four different instruments here that I'm tracking. So in the case of the ES mini, 44.90 is its pivot point for perigee. In the case of the NQ, 15344, in the case of gold, it's 1933. Look at gold here. Look at how the rally this morning, 7.30, and I wasn't even looking at this. I should have been looking at this. Ran right into perigee, and then took off to the south. In the case of lights, it's 17.71, even Stephen. Folks, stay tuned for some great programming. I'll be back with you tomorrow on Fantastic Friday. Please have a terrific Thursday. Take care and be safe out there.