 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 afternoon, folks. Welcome to the November 4th, a magical Monday edition of today's Trader's Edge show. I'm your host, Steve E. Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone else is having a great day. Hope you had a great weekend. But as far as today is concerned, because today is something we can do something about. And so let's make sure we have an extraordinary day and the easiest way to do that. It's 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're going to 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're going to go figure out what the bulls and the bears, what those buyers and sellers are communicating to you and I just passed one o'clock in the afternoon. I want you to know that I'm absolutely grateful for your presence here, but much more important than that. During this next 60 minutes, I'm here to serve you. So feel free to pick up that phone. That's right, you can dial on it at 877-927-6648. And if you can't dial in, guess what? We've got you covered. You can let those fingers do the walking. You can send me an email, steve at tfnn.com, just inside the subject heading. If you'd be so kind to put radio show question, of course, in our Tiger's Den, well, any ping will do. So let's go ahead and get this show started on a magical, magnificent Monday. Of course, this is Tiger, Financial News Network. I'm Steve Rhodes. Welcome to less show. We've got all of the indices. That's including the spot volatility index in the green. That's right. You've got the dial 105 points. That's about four tenths of a percent. S&P up four tenths of a percent as well. That's 1213 points. NASDAQ 148. Russell up eight. Spot volatility index up four percent. 54 cents. Trade on a 1284. Gold is flat. Silver is flat. Lightspeed crude is up a buck. Natural gas is up 11 pennies. That's four percent to the upside. Treasury bonds are 30 years off. One full point. Trade out at 159. 20. If we take a look at that, lead the charge, dollar-wise. To the upside, it's Amazon. 18 bucks. Lancaster County Corp. 18. Google up 16. Nettys 16. Lending tree 15. Metler Toledo 14. To the downside, it is credit acceptance corp. Down 40 bucks. 8.88 percent. Now it's usually a good number out there. 8.88. Doesn't look good to me. Inspirity is up. And that's ticker symbol. NSP is off 35 bucks as well. That's down 32 percent. Yikes. Boston beer losing some of its pale ale out there. Down 7 percent or 27 bucks. Chipotle off 16. Equinix off 16. So there's things to look at, of course. I want to look at what you want to look at. Let's just start by taking a look at what's going on in the markets here from an intraday perspective. So I'm going to pull over Stevie's little market analyzer tool out here. We'll just put this on the screen. That's the white little backgrounded area. And if we take a look at this, what you're going to see from a short-term standpoint, this helps me to pick out my roads momentum indicator tops and bottoms. You'll see the ESMD, the NQ. Both have confirmed 30-minute and one-hour top confirmation patterns. But look, let's do this. We've got a caller on the line, and we have call-ahead seating here at TFNN. So let's go out and speak with Tony in Wellesley, Mass. Tony, thanks for calling. Thanks for holding. How are you doing this afternoon? Question. Thanks. I just want to know, do you think oil can go highly? Do you think it's caught? What's your timeframe that you're looking at? Give me a feel for what's the basis behind the question? What are you trying to do and accomplish? I was maybe thinking of going short oil. Going short. Okay. I mean, that helps me a lot. So what we want to do, if you're going to go short oil, is we want to be able to try to identify some type of pattern as to where you should do it. So let's do this here, Tony. Let's just begin by taking a look at the daily timeframe chart. You've got Lightsweed Crew, December contract trading out at $57.19. Now, Tony, I do not know where price is going to close today, but if price does close above $56.92, or $57.19, that will be a close above the top of its bearish structured TAS market profile. Now, what that means to you specifically is that $56.92 are where the natural sellers are located. Price is above that. The centerline of this profile, and this stretch between $53.26 and $56.92, the center is at $55.70. And at the center, Tony, is where both buyers and sellers are believed to believe that there's fair value within that range, within that top to the bottom. Sometimes I refer to it as a box out there, even though on my screen it doesn't look like a box. The point is, Tony, that there's nothing more bullish than a failed bearish pattern. And so sellers should be here because there's more sellers lined up between $55.70 and $56.92 than buyers, yet price is right now trading above that level. So we're going to give you the X-NAI on going short, Lightsweed Crew. Now, if price were to close back below $56.92, then at least in that instance, you would have the sellers on your side. If price closes above $56.92, I'm going to give you the next price target. We're going to do that by taking a look at Stevie's white background charts. And this would suggest that price would make, at a minimum, a move up to $59.39. Now, $59.39, Tony, is the price level. On the specific day I'm referring to September 23rd, when we saw Lightsweed Crew make nine consecutive lower closes than the close of each day four bars earlier. What that does is that sets up where price actually broke down in Lightsweed Crew. That was $59.39. A close above that level, similar to what you and I were just taking a look at with regard to the TAS market profile, would really tell you about a significant change in trend. So to answer your question that we're just taking a look at the daily timeframe chart, we're going to have you just sit on your hands and watch the battle at $56.92. Because if there's a close above it, you should anticipate a move to $59.39. And then as price gets up there, then we'll have to have another conversation to see if there's any kind of new information. But I would have you stay put at the moment. That's my take. Okay, well that's brilliant, Steve. I really appreciate it. And my congratulations for being rated so highly on the publications for the time it's digested, you know? Well, thanks. Thanks. I appreciate it. And it's all because of listeners and deniers like yourself. Because what you guys do is you give us a reason to be as good as we possibly can. And that's a beautiful thing out there. So I want to say thank you to you for your listenership. Are you giving a plus effort, Steve? And God bless you. Well, thank you. Same to you. Thanks so much for calling. And best of luck. When you do go short, Lightsweed Crewed. So folks, yeah, you bet. Have a great day. So what we were looking at before Tony and I were having that conversation was the short-term time frame signals. And what we saw was on the E.S. Mini, we saw Rosemount indicator topping pattern for the 30 and the 60-minute basis. So what does that look like? If we take a look at the E.S. Mini on its 30-minute basis, we can see price rising, do a less relative energy out there. We know that because my system automatically draws those black diagonal lines. So what we wait for is some type of bearish reversal candle. In other words, for the sellers to tell us they've arrived, well, that took place at 10 o'clock this morning on a 30-minute basis when it formed that three-river evening star. So what you and I are going to do when we get back to this break is go take a look at other levels of support. And we're also going to look at the 30-minute Bolusher bearish TAS market profile signal. You'll be right back. If you're currently using the TAS profile scanner when looking at setting up your trading opportunities, then your arsenal is short a mighty weapon. The TAS profile scanner is a stand-alone piece of software that instantly filters over 2,500 global financial markets such as stocks, ETFs, commodity futures, and forex. 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Before you make one of the biggest decisions of your financial future, call Tiger Real Estate LLC today at 727-329-8322 or email us at tiger at TFNN.com. That's 727-329-8322. Call us today. Many of our new listeners have heard about the Tiger's Den. The Tiger's Den is a lively community where professional traders and investors can meet, exchange ideas and information in a comfortable moderated atmosphere. Hear all of the TFNN shows, plus see all of the charts as they happen live and have access to archives of all of those charts. You can test drive the Tiger's Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you. Details on the Tiger's Den are on the front page of TFNN.com. Go to TFNN.com now and experience all the upgrades. TFNN.com, educating investors. Well now, toll free at 1-877-927-6648. Internationally at 727-873-7618. Welcome back, guys. That was up 105 S&P is 13. Now we're going to go out to Kansas and speak with Robert. Robert, thanks for calling. Thanks for holding. How are you doing today? I'm doing great. Steve, thanks for taking my call. My pleasure. I would like to piggyback on the previous caller. He had a question about, well, I actually had a question about XOP. It's the ETF that has oil and gas producing companies in there. I don't currently have a position in that, but I'm looking to take a long position. And as far as my time frame, I would never use anything less than a daily chart. I prefer to use daily and weekly and hold investments for a little while now a few weeks or so. Sure. So XOP, Robert, and thanks for all that information that makes it kind of helpful for me to try to guide you as to what the market is doing out there. And similar to what we were just taking a look at with Tony and LightsWeedCrewed, XOP today is now trading above the top of its daily profile, 2232. That also was a bare structured box, meaning the centerline of it, which is at 2173, is much closer to the top at 2232 than the bottom at 2057. So what this would say, this doesn't tell us whether there was a bottom pattern or not, but this would say that XOP wants to move higher. Now, just take a look at market profiles. The next level that we would look at would be the weekly time frame. And that is at 2443 happens to be the top of its box. So at this stage here, the signal to us is that the XOP should target 2443. If we move all the way over to the monthly chart out here, that's a very right hand panel, price is well below the bottom of its profiles out there. So right now your price target to the upside is 2443 or trade at 2302. Let's go see if we can find a bottom. And even though you want to use your daily time frame chart, you did mention you would look at the weekly and the monthly. So we just did. I'm going to start in that reverse sword and just start with the monthly time frame chart. Is XOP trying to form some type of major bottom out here? Well, here's one thing that we do know. Price has been pushing lower and doing it with less route of energy from a monthly standpoint. Now it's just early part of November. If this were November 30th or whatever last trading day is, we would say that this has completed or formed a roads momentum indicator bottom pattern because of the bullish reversal candle. Unfortunately, we've got a long way to go before the month comes to an end. If it did though, we would also be looking for price to clear 2436 or thereabouts. 2436 happens to be Stevie's red line, otherwise known as the oscillator and change line. What we can see here in the case of the XOP that every bounce to the upside has found resistance. Now when I say bounce to the upside every, I'm really just referring to since April of this year. But basically for the last six months or so, any kind of bounces have found resistance there. So in order for XOP to really get its legs to the upside, we've got to see a close-up of Stevie's red line. Right now that's measured at 2436. But this does have potential of identifying a significant bottom. If I look at the weekly timeframe chart, we're going to see something similar. Now price was pushing lower, doing less route of energy into August 30th. It took several weeks for the bullish candle to form. That was on October 25th. So this is telling us that this has generated an intermediate term timeframe bottom. Now what you also know, what we also know, is 2443 could be resistance for this. So we've got 2443 at the top of its weekly profile, 2436 Stevie's red line. Those are the levels that price would need to close above in order for this thing to tell you that there is a change in trend. If I look at the daily timeframe, this is where it becomes a slight problem. I really don't have a true bottom pattern, so to speak. What we do have is price pulling back to where it had broken out, which was 2069. That takes us back to Robert to the day of September the 4th out here. And this tells me the daily timeframe chart. So no real necessary bottom pattern that I like to use to identify the bottom. Not all markets will generate one of my three or four signals to do that. But this still says to me prices headed up to that 24 level where it had last broken down. This is the XOP September 21st. So to sum it up for you, the intermediate and long-term timeframes have some promise out there, but the price needs to clear resistance. And the daily timeframe is above resistance. And so the 24-ish area is where price is headed to. Does that at least help you out with regard to what XOP is doing? Oh, yes, that was excellent. Thank you for that summary. I have one other question on a long-term basis is I have a short position in TLT and my perspective is from a weekly and monthly just continue holding that short position and I may add to that after a while. So if we take a look at the TLT, instead of looking at that, what I want to do is I want to look at the actual 30-year Treasury bond. And we can go back and take a look at TLT. Yes. Stop and ask you a question there. Given I'm looking at longer timeframes, I understand that the Treasury bonds are good like they do 24 hours a day. But since I'm looking at longer timeframes like the weekly and monthly, does that even matter for me? Well, I think what you want to do, yeah, I think it matters because you just want to know where you've got, I guess, does it matter? I think it does. That was a question, not a challenge. Yeah, no, no, no, no, I know that. I know that. So I think it does matter because what you're communicating to me is you are in the short TLT trade, hopefully for some time to come. Am I mishearing you or? No, that's correct. I plan on holding this for weeks or months unless the trend changes. Okay. So in that case there, what you'd really like to see is you'd really like to see some type of significant topping pattern in the Treasury bonds. And if Robert, if we go take a look at the monthly timeframe chart, well, and this has the message that you're looking for, because here's one of those topping signals that I like. This is the TD set up nine count. And back in August as Treasury bonds, the 30 year Treasury bond was moving higher, that formed bar number nine of a TD set up nine count. At those bars, eight, nine, is when we can see those changes in trend. So at this stage here, you've got the longer term change in trend signal for me to be able to say to you, okay, I can see what you're looking at. Now on the longer term basis, this suggests that price should push down to my green line level, the oscillator and change line. Right now it's in the 155, 156 area out there, but that's just a price level that you're going to want to pay attention to. Much like we were looking at XOP, in this case here we're looking at bonds, in reverse where we were looking for bottoms, here we're looking for topping signals. So the monthly has given you that signal. If I look at the weekly timeframe chart out here, let me see if I can do some, I know I can do it, some wave counseling, make sure I just start from the correct place out here. And so I don't really have the intermediate, meaning the weekly timeframe signal that I look for for the tops out there. You do have it on the monthly. Let me take a look at the daily out here. So in the daily timeframe chart, what we like is that price right now is trading below Stevie's red line. And a red line out here means that the price oscillator, which is the difference between two exponential moving averages, 19 and 39, that the price oscillator is below zero. And you didn't like for the last two days where price was above zero, Robert, because that was suggesting there could be a change in trend and price might move up to 164 and 2430 seconds out there. So stay on here through the break. Right now the daily timeframe chart looks good, but you need to know where support is at, because price could find support at 158.13. We'll be right back. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trait that we tigers and tigers share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastering Probability, and for the last 12 months, Timer Digest has been tracking my newsletter signals which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, 6 and 3 months. Timer Digest also ranks me as the number one market timer for gold as well. The fact is markets can be timed, and I'll teach you the exact set of tools that I use that has transformed me into one of the best at what I do. Sign up for Mastering Probability today by clicking on the newsletter tab on the homepage of TFNN.com and get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide great market calls too. Sign up today. The path of least resistance is David White's Daily Trading Newsletter and if you're looking for active trading ideas then now's a perfect time for a 30-day free trial to this powerful Daily Trading Advisory Service. David uses his years of trading experience to offer his subscribers his trading ideas each morning in his Path of Lease Resistance newsletter. Using a combination of equity trades along with options, David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted. Don't miss out on this great chance to get a 30-day free trial to David's Daily Newsletter, the Path of Lease Resistance with no obligation to pay anything. David has been delivering solid recommendations for his subscribers recently, and if you'd like to see the type of newsletter he delivers every morning, then visit the front page of TFNN and you'll find the Path of Lease Resistance under Trading Newsletters. For all the details and to start your 30-day free trial today, log on to TFNN.com now. With this ultimate trading mastery system, David White has programmed an outstanding piece of software that will complement any trader's methodology. Using this first-of-its-kind program, the Art of Timing the Trade charts allows you to scan thousands of stocks for Fibonacci formation setups, including guardleafs, ABCs, butterflies, and much more. The Art of Timing the Trade charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. Right now, we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of the Art of Timing the Trade charts today by visiting TFNN.com. Welcome back, folks. We're tearing apart the 30-year Treasury and also taking a look at TLT for Robert in Kansas who is short. Long-term is taking a long-term short in the Treasury market out here. And so what you're going to be watching for as far as T bonds is concerned is the $158.13 level. That's a key level of support. If price breaks below that area, that will bode well for your trade out there. In the case of the TLT, an approximation for what that would equivalent be is about $137.99. But it's not going to be exact out there. Here's the TLT chart, and I'm just trying to provide you with levels of support. If you're going to ask me, Robert, hey, what's the TLT or the TLT likely to do over the course of the next couple of hours out here, I would say it looks to me like it's going to bounce a bit. The reason I would say it's going to bounce a bit out here, I'm going to put my 30-minute, 60-minute and two-hour timeframe charts for the Treasury bonds out here. What we can see on the 30 and the 60-minute is they both have formed these TD set up nine count bottoms. That would suggest that we should see a bit of a bounce here. That's not going to take out of your trade out there, but we've got all types of people listening and all different types of timeframes out here. If somebody were to jump on the short side now from an interdates perspective, I would say that's not the right time to do that. I like what the monthly timeframe chart shows you out there. Just watch these TAS profiles that was a bit concerning or should have been concerning with price a couple of days ago in the TLTs case trading above $139.65. That's what on a daily basis, which I know you said you use to make some different signal calls was suggesting that there was going to be more of a bounce or it could have been a bottom. The reason it could have been a bottom was because the low inside of TLT, and this is the same thing for Treasuries, where the lower 28th was a higher low than the low from September 13th. So right now what you've got in the TLTs you've got a series of higher lows and lower highs. So really kind of a consolidation that's going on as we speak right now. Does that help you out, Robert? Yes, that's very helpful. Thank you for your time. My pleasure. Thanks for listening. Thanks for calling and I look forward to speaking to you again. That was Robert in Kansas. You bet. Let's go out to Sarasota and speak with Ray. Colin, thanks for holding. How are you doing today? Doing well, Steve. And my question today is on CRR. I spoke with you about three weeks ago about it and at that point it seemed to have bottomed and had a nice little move up and now it's done a pullback and I'm going to go up again. So what it's actually doing right now today potentially, well first I'm going to give you where price needs to close below. Give me a, well here, let me pull the chart over so I can show you what I'm looking at and for some reason my white background chart hasn't caught up totally to the e-signal chart for some reason I don't know, but that's okay. So what this is in the process of potentially doing today potentially doing today, this is carbosuramics, is generating a bottom signal. That bottom signal would be the TD setup eight count out here. The last time that we saw bottom in carbosuramics was on October 11. In October 11 price got down and it formed bar number eight of a TD setup nine count. The very next session confirmed that TD setup nine count and that was because the close of the following bar was below the close of bar number five. So that's the same thing that has to take place right now for carbosuramics today. That says if carbosuramics closes below $1.78, $1.78 then what you would have out here is you would have a confirmed TD setup nine count bottom. The next thing you need to see is price close above Stevie's red line. That's at $1.80. It's truly trading right now at $1.73 so it's really close. So you're looking for a bottom. You don't want to see this thing move higher today. You'd like to see it close below that bar number five. I know it sounds kind of awkward so to speak, but that's really what you would like to see. You then want to see price close above to confirm that bottom signal. You'd like to see it get above $1.75 preferably tomorrow and then above $1.82 out there. And that would then be your bottom to then signal that price may only bounce up to about $2.41. That's at least where the next resistance point is at inside of carbosuramics. It's also at $2.21 which is the top of its daily profile and $2.06 the top of its weekly profile. So we know in the twos out there is where we've got some resistance between the low twos to $2.41 out there but you may have a nice bottom signal and carbosuramics today. That's what I'm looking to hear. Okay. Thanks again. Watch that price. Watch that price. Closing bar of the bar from I believe it is October 29th that's what you're looking at. And that's $1.78 out there. You bet. Thanks for calling out there. That was carbosuramics ticker symbol folks with CRR. So look here's what I'm going to do. I was going to go right take a look at the GDX chart. We have some folks that have written in and so I want to get to their questions out here and basically Ray was asking the question not Ray I'm sorry Larry was asking the question is a GDX in an A to B equal CD to the downside. So let's go take a look at the GDX out here and try to answer that question. So if we look at the daily time frame chart for the GDX here's what Larry says is the A to B equal CD to the downside out here. What we're looking at is the A point is starting right out here in the trading session of September 4th. That's our high price moves down and creates a low on September 13th. That's going to be our B point. We'll come back to that. Then the market makes a little bit of a retracement that retracement takes us up into the high of September 24th. That becomes our C point of this time frame chart. We're going to look at that swing point if it is passed with volume it tells us of an A to B equal CD to the downside. So Larry is looking at the volume on September 13th that was 80.7 million shares when price closed below that level it was on the trading session of October 15th and there's with 83 million shares. So what the GDX has confirmed Larry still is an A to B equal CD down pattern with an exception of 25, 22 and 24, 03. So that pattern is still out there even though price is now closing or is trading above the B point out there. So the pattern is still valid and you don't need to get married to it per se and instead we've got to take a look and say okay what's going on right now what's going on right now is that price is trading above the top of its profile Larry that's 2750 it's trading at as long as price continues to trade above that this could say at least more of a rally or countertrend rally could take place out there where where could price take us to with price being above the top of the daily profile very simple we go look at the weekly profile what is that telling us well in the case of the weekly profile what the GDX looks like is more of a consolidation with price trading between the bottom of its profile 2672 in the top at 30 bucks even that is your consolidation area out here inside of the GDX so you've got on the daily time frame you've got a confirmed A to B equal CD to the downside but now you've got price trading above resistance says this could bounce even further if it could bounce where could it bounce to we'll shoot it could bounce all the way up to 30 bucks I'm not saying it's going to but 2880 is not out of the question why 2880 well you have a brand new monthly profile 2880 so to answer your question Larry yes there is a confirmed A to B equal CD to the downside of the GDX that doesn't mean that it won't bounce because price is above support the top of its daily it's in between its weekly and a brand new monthly profile his form bullish in nature to suggest that you could see the GDX trade up to 2880 I hope that helps you out thanks for writing in look forward to your next back. 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That's T-FNN.com and hit watch Tiger TV for the latest market information Welcome back folks. Dowes up 103 S&P is 13 For peak D in the den we're going to go take a look at the green thumb industries green thumb industries right now trade out at 760 behind today's move peak D 341,000 shares so far, a prior swing point that it's taking out had volume. This is, by the way, the trading system October 2nd, 479,000 shares. So it seems like price is pulling back with some pretty decent volume in it. What we're doing is I believe we're searching for a bottom. Is that correct peak? So if we take a look at this, it's just simply from a profile standpoint, it's ugly. It is really ugly. These guys, I guess they are growers, I guess of marijuana out here, they may have a green thumb for growing, but when it comes to growing their stock out here, basically they suck at it. If we take a look at what price is doing today, it's below the bottom of its daily profile, bottom of its weekly profile, bottom of its monthly profile. This suggests that that green thumb is gonna plant a little bit deeper in its search for a bottom out here. We go take a look at the daily timeframe chart, take a look at signals out here. Well, shoot, price is right now below where this had recently broken out at $8.08, back on August the 29th out there. Never a good scene. It's okay to pull back to support, which in fact, green thumb did on October 11th, October 2nd, and then just a big rocket ship on October 3rd out there, but it didn't really last, but just for a few more sessions after that. That was price coming back to the breakout area, and that is where buyers recognize that, whether they knew that that was a breakout area or not. This is just simply how these chart patterns work on the charts out here. The most fundamental tool is understanding technical analysis. It's a beautiful thing. It's not that complicated to understand out there if you just simply focus. But Pete, what you and I know, bad news today, not only trade below the bottom of its daily box, but now trading below a key level of support. This suggests that price wants to move lower. Now, maybe this is gonna be an A to B equal CD down side. We'll draw that on the other screen out there. Of course, Pete, I think he likes wave number four. That would be letter D, and maybe Pete is saying, you know, Steve-o, I like you and all, but not so fast. Today is peak D. Now, Pete, I don't know how you buy those peak Ds, but this is a trough D, and you've signed in as peak D out here. So not until you start trading, signing in as trough D, can I? Actually, I'm just trying to have some fun out here. Maybe not that much fun, but this is in wave number four to the downside. There's a little so-called trough out there, but I'm not buying it because of price moving below key level of support out here. If we look at the weekly timeframe, this says, well, we'll hold on a minute, Steve. Well, maybe Pete has got something there. Maybe price is just simply gonna pull back to where this equity had broken out on a weekly timeframe, and that price would be $7.37. So it's not there yet. Watch it. That happens to be the low from January 4th out there, but here's the deal, Pete. You can see that this is Stevie's red line is red, $8.68 right now, falling price also to blow zero. And if price close to blow 737 on a weekly basis out there, we could make a lot of 737 jokes, but we won't do that out here. That would really be bad news, and this would say that price would even be headed lower. So that is the last breakout area, the last bastion for hope inside of a GTBIF out there is that 737 area. I don't really have anything on a monthly timeframe, so to speak, because it hasn't been trading enough, but right now it doesn't look good. The only thing that looks good is it's in wave number four, but I think you already knew that, and that was an honor review, but I don't see it as a buying opportunity, at least as of 1.46 in the afternoon. I hope that that helps you out. Tim writes in, and Tim wants to, he's asking about crude oil. So I think we probably already took care of this, but a specific question is, I'm long-crued by a USO, please give me your thoughts on resistance and support levels. Again, if I come back to Lightsweak crude itself, resistance is going to be 59.39, assuming that price closes above 56.92 today. So 56.92 is your key level. Now support out here, Stevie would say support would be 55.21, that's Stevie's green line, below that would be 53.26. That is on Lightsweak crude. With regard to trying to give you those same, our approximate levels for USO, I'll pull it up here, but it's really you watching the Lightsweak crude chart more than anything else. I think you want USO, not USOI, which by the way, there is a symbol. It's USOI, I don't know what it was, but since I did go to the TFN Typing School also out here, I didn't exactly put it in my system the first time, right? But here, resistance inside USO would be 12.32. That is because that is where price broke down recently. So that sets up that TD setup resistance level. That's from September 21st out here. Support then would be 11.51, that is Stevie's green line out there. And I'll give you the last thing, I'll go ahead and give you those TAS market profiles for you. We'll do that with regard to the three time frames out here, the daily, the weekly, and the monthly. And on the daily basis, what USO is doing, like Lightsweak crude, trading about the top of its box, that is 11.88. So ideally you'd see a close above that. The next resistance level would be 12.20. That is the top of the weekly timeframe. 12.37 would be the bottom of the monthly. So those are your resistance levels out there, Tim. I hope that that helps you out and best of luck with that trade. We've got another request that has come in. This one from Jeff L. Jeff says, Steve, I think you're asking about platinum. I hope that it is platinum that you are looking at out here. So if we do take a look at platinum, and hopefully I've got that right, Jeff, if I'm wrong about that, and I've missed this than my apology, but we're gonna take a look at platinum out here. So what do we know about platinum? Well, platinum may have made a TD set up nine count top on Friday, and Friday's bar was a bar following the TD set up nine count. And that top can come in on bars eight and nine to the bar following. So right now with regard to platinum, if it is platinum that you're asking about, Jeff, price should pull back to test support. Support's gonna be 928.30. If price closed below 928.30, then we're looking at a likely move back to where it broke out, and that was an 887.80. We wanna pay attention to these TD set up nine counts. We can see that the last three or four really worked well inside of platinum. It was a TD set up nine count that identified the high back in September out there. So hopefully that's what you were asking about. But again, if not right back in, and I will be able to help you out. The other thing, well, let me just see here. Was there, is there a ticker symbol here? Let me just see here. Maybe it was E-L-A-N that you were looking at. And which would be Alanko Animal Health. So let me see if that is actually what you were looking for. And if not, well, we're just an educational moment. So this is Alanko Animal Health. And here's what we know right now. Price is trading above the top of its daily profile, 2738. It's a brand new profile that formed today. It's a beautiful thing. So that would be saying price should move to its next level. The next level would be 2972. That would be the top of its bullish structured weekly profile. Now, Stevie's going to say, but be careful. Why be careful? Well, today's gonna be bar number eight of a TD set up nine count. So tomorrow or the next day could actually identify that topping signal. So just be careful with ticker symbol E-L-A-N from its daily perspective. Steve Rhodes with TFNN, we'll be right back. Since 1984, Basil Chapman has been using the Chapman Wave methodology to advise traders of his expert market opinion. While originally hand drawing charts from the late 1970s into the 1980s, Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply. Later, Basil found that computer software which included the standard market technical indicators enhanced the degree of accuracy in calling price turns as well as market trend calls. Thus was born the Chapman Wave sequence. Using the Chapman Wave methodology along with other indicators, Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter. Right now you can get a two week free trial to the opening call Basil's daily trading newsletter by visiting the front page of TFNN.com. Cancel at any time during that trial and pay absolutely nothing. Get your two week free trial to Basil's newsletter of the opening call today by visiting TFNN.com. If you're a trader in the market looking for exposure to gold or gold mining equities, then now is a perfect time to sign up for Tom O'Brien's gold report. The summer is over, gold is trading back above $1,500 and the 10 year treasury is hovering at around 1.5%. Tom O'Brien has been writing his weekly gold report for almost 18 years. There's no one that knows more about how the gold market trades and how gold mining equities react. New subscribers get a 30 day money back guarantee so you have nothing to lose. Every Monday morning, Tom publishes his weekly gold report with coverage of gold, silver, bonds, the XAU, HUI, GDX, the dollar, as well as more than 30 different mining equities. As of September 3rd, gold report subscribers have five active open positions with an average unrealized profit of almost 38% for each position. To see for yourself the types of profitable trades that are recommended within the gold report, sign up today by visiting TFNN.com. You know what's cool? Taking something that's good for you. Something specifically formulated to help with weight loss, better sleep, stress reduction, and the need to detox. Nicar, hunter and gatherer ancestors found all their nutritional requirements for health in their wild environment. 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We're gonna zoom, zoom, zoom because there's a three-week question here. The first one is take a look at natural gas for SM in the Tiger's Den. So SM, here's what you know. Today, well, you've got natural gas on Friday closed above the top of its weekly profile. That was a 268. So that's a beautiful thing. Gap up today, that's a bullish sign. So that is all points, all things pointing to higher price. But how much higher inside of natural gas? Is there anything to worry about inside of natural gas out here? Well, today is going to be day number eight or bar number eight, bar number eight of a TD set up nine count pattern. We do know that these nine count patterns can't identify tops and bottoms. It says A, be on the lookout for a potential top. You can also see the one to one A to B will see the upside at 286, 11.272 at 305 out here. So nothing bearish, nothing bearish at all, but you do need to begin being cautious out there. Just simply adjust your stop out there. You went into, you went long, you gas, that's fine. Just simply tighten up the stop on that. Because of this potential for a topping signal or pattern that is in place out there. So I hope that that helps you out. The next request coming in from Hector. Hector wants to take a look at ticker symbol OAS. And the question from Hector is, what is it? We'll go much higher from here. So if we take a look at OAS, by the way, is Oasis Petroleum. Right now it's trading right in the top of its daily profile, that's 297. So I don't know if it's gonna get above that, but above that says that price could move up to 381. If I take a look at my whiteback, well, I can't do that if I'm gonna get to the other one. So watch the 297 level out there. And the last question is coming in from Allen D. Well, so we're gonna get close to get MDHI is the ticker symbol. I know you want me to do my analysis. You've been long since the 30s out here. Ooh boy, I've gotta put up the other charts here real quickly. So give me a second to do that out there. Price right now trading below the bottom of its daily profile brand new today. This would say price could easily pull back to 4837, 4950, two out there. That's what I see at this moment. Don't let price close below this hammer candle. The hammer candle's October 30th. It closed below the low of a hammer candle. It says if you're long, you're wrong. Hey folks, stay tuned. David Whites up next. We'll see you on terrific Tuesday. Thanks for being here.