 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 February 7th 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. Hope everyone out there is having a great day. Let's make sure we have an extraordinary one. Now the easiest way to do that is to always remember that life is happening for us, not to us. That's right when you and I make that one little two-by-four shift means we can find the gift in every set of circumstances that life is going to toss at us. Now today you and I we're going to go check on the circumstances 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 am absolutely grateful for your presence here but even more important than that and that's this. This next 53 minutes I am 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 call in, we've got you covered. Send me an email. Send that off to Steve at TFNN.com. Inside the subject heading, please put radio show question. Of course inside the Tigers down, well then any in every ping will do. 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. A sea of green, so to speak. A little bit of a mixed bag. The mix coming from the Russell off about 4 points. That was up 170. S&P 35. NASDAQ 178. Summice up 47. Trendy's up 150. Gold's up 4 bucks. Silver's up 2 pennies. Lights recruit 45 cents. 30 treasure up 2 ticks printed out at 1202. You've got natural gas off 4 cents printed out at 196. Leading to charge the upside. It is Chipotle up 197. 2684 buckaroonies. Booking holdings up 82. Broadcom up 28. Eli Lilly up 24. Powell networks up 22 bucks. We got some movers. We've got some shakers. Madrigal pharmaceuticals. 18 bucks or 9 percent. Amgen 13 bucks 4 percent. Next our media 11 bucks 7 percent. E plus Inc. 11 bucks 14 percent. Gartner down 9. That's about a 2 percent move. But let's start looking at the equity future markets right now. Let's go take a look at what to be watching for at day's end. So first the ESMini it does not have any kind of topping pattern. There's a rose meant to indicator signal present. You don't see that but a bearish reversal candle would identify a top. Right now we are in breakout bullish mode. Price above the top of its daily profile. It's above its oxygen change line. Not seen here. It is in a bullish breakout mode. The NQ will join the ESMini. If it closed the day above 17, 793.50. What's there? That's the rose meant to indicator top. Generated by that bearish shooting star candle. From a couple of weeks ago. So close above that will put us into a breakout bullish mode. There's a new profile that's attempting to form. Price is trading above that. It is 17776 would be the resistance level support 17387. The Dow. The Dow needs a what's the Dow need. The Dow needs I think it's got a really it's needs a close above this candle session right here. I should label that. That's the high from February 2nd. That is at 38892. That also generated rose meant to mean indicator top. I'll label that later out there. So close above that would put it into full out breakout bullish mode. In the case of the Russell 2000. You can see a new profile that is attempting to form. That new profile has support at 1935. Resistance at 1995 out there. It is bullish in structure. If this profile holds a close today above 1955. It's going to suggest to move to the 1995 level. If we want to understand the party that's going on. It is a global party. If we take a look at the yes many new all time high today. Priced in dollars. Priced in euros. Priced in yen. Priced in pounds. This is a global rally. You got to be careful. Shorting. You might find some signals here to short inside the U.S. But those are going to be met with buyers overseas. If we take a look at the NQ again it may. We're at a new all time high today. The question is will price close above that 177 9350 level to negate the road's momentum indicator top. Well the NQ in euros. New all time high in pounds. New all time high and in yen new all time highs out there. In the case of the Dow it's at a new all time high in terms of euros and in terms of pounds. We need to understand how these markets are trading in other currencies. It answers a whole heck of a lot of questions out there. This is a worldwide global bullish breakout market with the concentration of capital right here in the good old U.S. of A out there. So that's what's going on. There's a question. Hey where can we possibly head to. Where could the NQ possibly head to. If we just simply take a look at our multi time frame. This is something you can do at home and just simply pull out the QQQ series ETF. And in the Q's here I'm just simply going to open up the weekly time frame chart. There's all kinds of A to B equal CD patterns out there. If we take a look at this one here that starts off at the 2020 low runs up into the highs out here back in 2021. Makes a nice retracement of about 0.618. It was really 63% back in the lows that formed out here in October of 2022. We are trading above 408.71. Now that swing point has volume of 230 million shares. We have not passed it with volume. We were up with 228. That's close enough for Stevie's work out there to say that okay we've got equal or almost greater volume. So I'm going to say we've got to confirm A to B equal CD to the upside on that bigger time frame. It's a weekly chart. It doesn't mean we get there tomorrow. In fact, I can guarantee you we won't get there tomorrow. But over time where does this want to target? This wants to target the 490804 level. Here you can see if I pull this weekly chart back as well and each of you can draw this exact same set of patterns out there. So there's nothing, nothing you don't have access to are the profile levels. But here are the rising price channels that I have. And what's nice about that is once you get the first set in there you can just simply multiply times that same distance and that's what's going to give you your next area or your next price target level out there. I mentioned there are multiple A to B equal CD patterns out there. Let's take a look at whoops didn't mean to do that. I meant to do this. I meant to pull it back just a tad. Let's look at the other one that could be out here. If you give me a second just to position the charts. So you got the one that's coming off of the October low. Here the most recent low. Well this is October of 2020 I take that back. So if you use that October low and then we use the high out here that formed in July of 2023 we pull that back to a low this October now. This October low what you're going to see is a one to one price projection gets up to 476. So I believe we're at a 490 on the larger one. This one is 476. But that retracement is a little bit less than a 0.382. It's 34.12%. So this tells us this wants to more than a one to one A to B equal CD pattern to the upside. So those are the price projections. Each of you can take your own series of charts for the QQQs and try to come up with a price projection levels out there. If I take a look at the S&P 500 here in the S&P 500 doesn't matter whether we look at the monthly that's the left hand side weekly in the center daily on the right. These are the horizontal trading range boundary lines out here. 5808 is a price target on the monthly. 5138 is the next upside price target on the weekly and 5803 is the next upside price target for the S&P on the daily time frame. Steve Rhodes with TFNN. We get back from this break. Let's pick up where we left off yesterday. I think we're going to take a look at Aspen, Sox, AENVX, Lili, Oprah, Winfrey, Kava, DKNG. And let's get an update on those soybeans out there. Steve Rhodes with TFNN. We'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. 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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. 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 it 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. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Folks, just on the quick intraday charts here for the NQ, again, the only topping pattern that's out there, quite frankly, is coming from the 10-minute timeframe chart that I quickly see. That was the Roadsman to Medicaid or top prices pulled back. It's testing that oscillator and change line right where we're at right now, at about the 17, 8, 28 level of price. We're to close below that. We should see a move back to 17, 7, 81 to 17, 7, 65. But if this is really just all-out bullish, just where price even on a 10-minute timeframe should find support. So that's what's going on today. On intraday, we took a look at some longer-term targets by looking at those horizontal trading ranges and those A to B equals CD patterns. Now, let's get to all those requests out here. We've got a ton of them. So let's begin that portion of the show. Aspen, I can't recall if we looked at this yesterday or not. I know that Nicholas was looking for a buy point. He got that buy point yesterday with that, both wave number seven completion and TD-9 count bottom. You're inside a bullish structure profile, price closed above the center of it yesterday. Price should make a run for 11.74. That's an oscillator and change line. Above that, 12.14 would be the next battle. And then the final batter, battle would be a 12.64 on a rally. Clear 12.64, you're headed higher. How much higher? I'd say 16.07 to 16.47. The daily TD-9 count breakdown level and the weekly top of its profile out there. So Aspen looks pretty darn good. Let's go take a SOXL for Tom. He was looking for an entry point. And in the case of SOXL, all that I've really got out here is price yesterday. I got back inside of its profile. Was it back inside there for the last retreating session? You just have a good old fashioned consolidation between support and resistance Tom support at 33.25. So that could be an area to buy resistance up at 37.02. It is a bare structure profile. So your real resistance zone is between 35.76 and 37.02. Let's go to ENVX for Bob and Spokane. We take a look at it. ENVX is of yesterday formed a roadsman to indicator bottom. So if you're looking to take a long position, you got that signal yesterday. Price is trading with inside his profile. It's in the bearish zone section of that profile. That's between 9.76 and 10.17. You clear and close above 10.17. You're off to the races. Those races ought to take you up to about 12.40. Now 10.62, you could easily run into a pit stop. 10.62 ish is the weekly asset or unchange line out there. But otherwise ENVX looks good, looks bullish. If you're going to take a entry into this, since Price has found that resistance in the daily sell zone, why don't you wait for either the 9.22 to 9.46 area out there or look at an intraday chart and try to come up with some type of pattern. Now I don't see anything yet on a 30-minute time frame chart out there. But that's what I would be looking at. But to answer the question, if that was a question, you've got the buy signal yesterday on ticker symbol ENVX. Let's go take a look at Eli Lilly, LLY is a ticker symbol out there on another rampage today. Now yesterday, this formed bar number 8 of a TD9 count. So Eli Lilly, as strong as it has been, is going to confirm a TD9 count top today. It'll complete that pattern tomorrow. What ought to unfold is Price should pull back to test support. The support level is going to be at around 680.47. That's its daily asset or change line. Now there is a new profile that is forming out here and resistance is at 658. And we are already above it. This profile is formed below Price. This is a bullish signal. Nonetheless, you're going to get a TD9 count top on the daily that should result in a retracement at least back towards that asset or change line. The weekly chart is just simply all out bullish. The monthly chart is even more bullish because Price right now, it's only early in the month, it's only the 7th, but right now Price is trading above last month's high. That would negate its monthly TD9 count breakout level. All those people sucking down all that nasty weight loss medicine. In any event, I think that's why Eli Lilly is off to the races out there. So hope that helps you out, ELO. Joe D wanted to take a look at Oprah. OPRA is the ticker symbol out there. So let's go see what OPRA is doing. It formed a nice TD9 count bottom. It did that about two weeks ago. That's led to a consolidation with inside its profile levels. Those profile levels range from 1052 at support to 1120 as resistance. Yesterday, Price closed above 1120, and that said that it needed to deal with its next resistance area. And that was where Price had broken down from. And Price broke down from 1150. So if Price can clear 1150 or off to the races with a further move higher. And I would say that further move higher should take you up towards 1340 out there. But there is an A to B equal CD pattern that is likely to unfold if in fact Price can close above that 1150 area out there. And that's really a small A to B equal CD at this stage in time. So that would have to say that if we do get it closed above that 1150 area out there, I'm just drawing in the A to B. I'm just going to move this over to the current C point out here. Looks right great there. So that would get us up towards the 1178 area. My point is as you get up towards that 1180 range, it should you get up there, you want to be on the lookout for a bearish reversal candidate because that would generate then a Gartley cell pattern. That's if one would form. So right now just a good old fashioned consolidation with inside profiles out there on the daily timeframe. The weekly timeframe does not have a bottom. It's just been consolidating sideways out there on a monthly timeframe. You can really see that sideways ish consolidation pattern. So to have bottoms on the weekly and the monthly, what does that say that says if you get a close below that bar number eight, that's a bar that formed out here on January the 25th. That low by the way is 1030. If you get a close below that, you should get out of Dodd because that would be signaling lower price out there. And as far as that next price target one, that could generate an A to B equal CD to the downside. I'm not looking at that, but 917 would be that next downside target. So Joe D and all the others, thanks so much for waiting an extra day for those requests out there. But we've got more. We've got further requests that came in yesterday that we didn't get to. And the one was from Michael in Pennington. And Michael wanted to take a look at Kava. C-A-V-A is a ticker symbol. And Michael is looking to short Kava. Well, if we take a look at it, I would have given you the same outlook yesterday as I am today. And yesterday, I would say you're trading above profile, you're trading above a greenhouse that are in change line. The daily timeframe is all out bullish, a bullish breakout mode. Today, you're just adding to that. There's no topping pattern. There's a roadsman to indicator signal. Michael, that would say watch for a bearish reversal candle. If you got a bearish reversal candle, that would confirm a roadsman to indicator top. The weekly chart has negated its TD9 count top, but prices run right smack dab into where it had broken down from. That was at 51.16. Word 51.15 right now. Does that mean sell? It could mean sell, but the daily timeframe is saying, what do you mean it could mean sell? You just told me I was in a breakout bullish mode. And in fact, that is the case out there. So right now, price is just at a normal resistance level. And up on a weekly basis, you can get a close of about 51.16. It's just simply going to suggest you get back to its most recent highs. Looks like from August of last year out there. So Kava looks all out bullish out there. I don't even have an intraday topping signal on a 30 minute timeframe out there. So Michael and Pennington, you're looking to short. I would wait. I would wait for a daily confirmation of a top out there. Instead, this looks to me like it really wants to go target that swing point from back in August of 2023 out there. So thanks for waiting today on Kava. We're going to go to a break here in just a few minutes. We go to that break. We're going to take a look at DKNG, DraftKings. That's for Nicholas. He's looking for the next resistance level. And his question is where to sell. We'll go take a look at that soybean update for Z inside the Tigers Den and others that may be followed along. We'll take a look at SOIB, which is a way to consider that trade. We're going to take a CLF, Palantir, Mosaic, EGY, USO, MDRX and XPEV. I love it. Steve Rhodes with TFNN. We'll be right back. Every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, The Dollar, Bonds, The South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report. New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com. Sharpening your skills as an investor is like getting better at playing a musical instrument. 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Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Welcome back. Now, folks, we're taking a chance here for DraftKingsDKNG as the Turkish symbol. I had asked the question because that was the question it was asked of me. Where's the next resistance level? So did anybody during the break come up with the next resistance level that you and I can share or that I can share for you with Nicholas out there because we take a look at that daily timeframe chart? What do we see? We see prices trading above all resistance levels. We're trading up profiles. We're trading above that green asset and change line. We don't have a topping signal out there, so all I can give you is support. It's support is at $40.69. Your question was where's the next resistance level? Where do you sell? So we haven't answered that just yet. What I can share with you, if you look at the weekly timeframe chart, it's in a bullish breakout mode just as the daily is, green asset and change line. We're above that. We're above profile levels. There's no topping pattern out here. So DraftKings wants to go higher. Where's that next price target? Well, if we take a look, I don't have it drawn in here, but if we take a look from its all-time high back in March of 2021, all the way down to the TD9, go bottom that formed in May of 2022. If we take a look at the retracement level, we're at about the 50% area right now, the .618 area is 4970. So we'll give you 4970, may be the next resistance area for DraftKings out there. And above that, we'd say price is going to go back and get towards that 6458 level. That's where price had broken down from on the monthly chart out there. So you're bullish in the daily, bullish in the weekly, bullish in the monthly. Your fact, you are a breakout bullish on all three timeframes inside of DraftKings. So if you're asking me where to sell, I wouldn't even necessarily sell at that 4970. In other words, what I'm going to share with you is there's not a sell signal that we have right now. So any other action that you take would just be based on other tools, not really these technical tools that Stevie would use. Let's go take a look at those soybeans out there. Now, John is trading the November soybeans or was trading. I don't know whether he's still in that trade. Doesn't matter, but I thought he asked if we would follow along. And I think we should follow along this, maybe a couple others. A couple other trades that we should just simply follow along on a day to day timeframe. Now, here we take a look at the, these are the March contracts. This is the current contract that's sure enough, but that's not what John had interested. So we're going to change panels out here. If you give me a moment, we'll get over to another white background set of screens out there. And what we'll actually take a look at is not just the November soybean contract, but the contracts that are inside of SOYB. So if you want to trade, now in the case of the November contract, let me just expand that out. What we were looking at out here is we were looking for some type of bullish reversal candle. We ended up not getting that a couple of days ago, like we were, maybe at the time we looked at it, looked like that might be, but that's what the November contract needs is a bullish, hold on a minute, hold on a minute, wait, wait, wait. Yeah, it needs a bullish reversal candle to confirm a bottom out there. Price is below profile levels. So that is up at 1188. Is a key resistance level should price rally. So we don't have that bottom pattern on the November contract as we speak just yet. We take a look at the other contracts that are a part of SOYB. That's the only way, other than trade in the future contract that I've been able to identify that you could make this trade. The May contract also, while the May contract did have a arrangement of indicator bottom, that informed, let me see, that's gonna fail if price closes below that low today. And that low out here is, give me a second, why isn't it popping up? Maybe if I do this. There we go. Okay, so the low is, we're looking at January 30th, that low, 1199, even Stephen. I believe this closed back above it. No, it didn't. So it did not. So this needs, the May contract, needs a bullish reversal candle to confirm a roachment to indicator bottom. Let me see on the July contract out here, the July contract. Yeah, that, well, let me see, the low was 1209.25, this low was, this low was 1208.25, yeah. So you need a bullish reversal candles for the three contracts that make up SOYB. John, you still need a bullish reversal candle on the daily timeframe for the November contract. We'll continue to monitor this, but we don't have that entry into the November beans out there. Not as I see, these are the daily time frames. Okay, let's get to our next request out here. The next request is a take look at CLF. That is for McGuppy inside the Tiger's Den. If you give me a moment here, I'm just gonna shut these charts down, free up some resources. We'll get back to the CLF charts. Right now what you're looking at is the Four Equity Future contracts. So if you give me a moment, let's go try to find where Stevie stuck that CLF chart. I think it's in this position, and it is. So we take a look at CLF right now, what we know about it, it is consolidating with inside its daily profiles out there. That's between the range and support of 1948. In fact, it's a support zone, 1948 to 1999. And where Cleveland Cliffs has resistance up for that new profile, that's up at 2076. That formed yesterday. What else does Stevie see out here? I don't see a top. I just see price trading with inside profiles on the daily timeframe. Weekly timeframe, price above green, outside and change line above profile. It's traded into a swing point. This is a swing point from the week of December 22nd, volume out there was 86 million shares. Yes, last week you closed inside there with 74 million shares. So you closed inside a swing point with lighter volume. Kind of interesting, because that was the week of December 22nd when you would expect lighter, you don't see it? Oh, thank you, Mr. Bill, appreciate that. You see my other main screen out there. Caught that early enough. Perfect, perfecto. Thank you also, Dan. So here is the Cleveland Cliffs. You can see the consolidation inside the daily profile, 1948 at the bottom, 2076 at the top, trade above profile and a green outside and change line of the weekly or nearly we'd say that is in bullish breakout mode. But because we ran into that swing point on lighter volume, and that's so sure. If we take a look at that monthly timeframe, also a consolidation with inside profile with price finding resistance at that 2071 level, both last month and the month before. Maybe that's telling you you can't bust it to the upside and price is going to try to bust it to the downside. Watch 1948. A close below that would bring 1803 into the mix out there. So I hope that helps you out, McGuppy. Let's go take a good Palantir. That was your second request out there, PLTR. Having some follow through today, quite a bit of follow through. So what do we see here? We see that resistance is up at 2711. 2711 is courtesy of the monthly TD nine count breakdown area out there. We are above profile resistance on the weekly timeframe. We have entered wave number seven, that is letter G. The earliest confirmation that that could come with would be next Friday. You have to see a lower high out there. On the daily timeframe, you've got no topping signals whatsoever. Let's open up this chart, pull it back just a tad, see if there's anything out here. Boy, there is not anything that I see inside of PLTR. So I'm just on the daily timeframe. Just what looked like somewhat of a consolidation. The B point, the potential B point. There's a couple of different B points out here that you could use for Palantir just to try to get a feel for where it's going. So to do that, let's get over to the black background screens. We just have a few seconds before we go to the break. So let's do this for blanks and giggles out there. I'll give you the most aggressive A to B equal CD pattern to the upside out there. On the weekly timeframe, the A point, the week of December 26th of 2022, the B point would be this high out here from November 2023 and that retracement down into January 2024. The one to one A to B equal CD would get us up to 3159. 3159, that appears to be the next target level for Palantir PLTR. Zeroed with TFN, it'll be right back. 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Distributor, foresight fund services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Now folks, we'll take a look at the stock charts here for Mosaic, MOS is the ticker symbol. Now Mosaic had a B point from back in November that was on the date of November the eighth. There was six million shares that traded hands on that day and when it was passed, it was passed with 5.7 and 8.1. So Mosaic actually has, although it's not shown here, it actually has an A to B equal CD pattern to the downside. And that A to B equal CD pattern to the downside gives you a price projection of 2709. Now that being said, what we can also see out here is there's a possibility that over the course of the next couple of days, you could see a TD-9 count bottom. In order for that to happen, there's a couple of different things. You're gonna have to take a look at the close of each bar compared to the bar four bars earlier out there, but there's the potential for that. So Duncan, I know you're looking for a bottom here, I believe, and so what we need to do is come back and take a look at that probably on Friday, give it an opportunity to see. So here's what I'd like you to watch. Let's not take a look at it unless we get that pattern triggered out there and that would be that we would need to see at least a tick below yesterday's low out there. That's at 2974. Today price got a close below. This close out here, that's a close of 3087. Tomorrow, the close would need to be below 3086. So everything is set up. You just need that spike lower in Mosaic. Now, the reason to be paying attention to look for that is because the weekly timeframe chart is gonna form bar number eight of a TD-9 count. So that says you could see a bottom on a weekly basis between this week and two weeks out. Now, next week, in the case of Mosaic, price would need to close below. So you wouldn't be looking at a gigantic rally or anything. Price would need to close below 3210. If you get that, you'd have a TD-9 count on the weekly and potentially a TD-9 count on the daily. These are potential patterns at this stage of the game out there because we still have that A to B equal CD pattern that would get us to at least the 2709 area. So what's the seasonality from Mosaic? Great question out there. Let's go take a look at that. Let's pull this over here. Let's see if we can find out. MOS is the ticker symbol. Let's see if our folks from Season X have got all that history out there and they do. So we take a look at Mosaic. First, let's see how many years worth of data can we pull up? 36 years worth of data. Let's get where we're at right now. Let's just detrend this for a moment just to kind of get a feel. That really didn't do much to us. So we are in the favorable seasonal cycle there, Mr. Bill. So great question. That favorable seasonal cycle typically begins around the January, the 21st of January. Clearly we're not in that. We typically get into the unfavorable seasonal cycle that begins in March. And you can see here, if you look at that bottom right hand panel, it's very unfavorable between March through June out there. So that's what you've got. Great question. Thanks for asking. As always, let's go to our next request out there and that next request coming in from HD. And HD wants to take a look at EGY. EGY is the ticker symbol. No idea what it is. We don't need to know what it is. What we do know is prices trading below profile support on the daily timeframe, profile support at 417. It's gonna be day number four below that. That's not a good scene. However, the daily being helped by the weekly group. The weekly group has got a buy zone between 406 and 421. So HD, that's the real key level out there is 406. No buy pattern or anything on the daily timeframe, consolidation with inside the weekly, your below profiles on the monthly. Boy, that makes it 406 level real key out here. So I'd say you got a consolidation just on the weekly timeframe. Not much more than that that I can provide to you. I would if I could, I can't. So I won't. How about that? I'll tell you what I'll do. The 30 minute timeframe chart has got a TD9 account bottom. And that would suggest that price should go target. It's TD9 account breakdown error. And that's at $4.18 out there. So that's what I have on an intraday base for ticker symbol. EGY. HD also wanted to take a look at that ETF called USO. You know what that means? That means Lightspeed Crude. But the question with regard to those ETFs is what's inside it? If you don't know what's inside it, you could end up making the wrong decisions. For example, March is the active contract for USO. I would ask you this question. What percentage is March of that contract of USO? What percentage? Well, all you have to do is go to the internet, go to USCF, and that is going to be the entity that controls this ETF, USO. And here what we can see, holdings as of yesterday's close. You've got 50% of them are inside of the market value. You've got H. The March contract, you've got $737 million invested. And about half a million, half a billion, half a billion, I should say, $500 million, $737 million, half a billion in the April contract. So you need to be paying attention to both of those. The other stuff down there, there's not too much you can do about that. So you've got to be paying attention to both of those contracts. But here, let's just start with the March contract on the daily time frame. What we can see here is that price and cloud just expanded out. And we'll make sure we're all looking at the exact same chart. Price closed below the bottom of that daily profile. It was bullish in structure. It did so on February 2nd. It did so on February 5th. Yesterday, price got back inside there, found resistance at that center. Today, it's also found resistance at that centerline and its Ossetian change line. Only a close above that Ossetian change line, which is currently at 7410, will put this into a bullish position. I believe you are looking to go along the USO. So I'd want to see lights recruit at least close above that. Now let's go take a look at the other contract. For that, we're going to go ahead and change our screens. Hopefully, I'll remember to change back. Here, we're going to take a look at the April contract for lights recruit and just see what its signal is. So that's the left-hand side. And here, we can see that price was below the bottom of its daily bullish structure profile. Two consecutive sessions, price doing the same thing. So what we would say here is if you can get it closed, what's called 7410. If you had a close on the April contract above 7410, you're likely to see a rally into 7843. Then we're likely to see a rally inside of USO. Here's a daily in the weekly. The daily timeframe chart shows us HD that price of running resistance at its Ossetian change line at $69.37. Daily chart, this is bullish in structure. That would say a close above $69.70, which suggests that we had higher, higher being $72.69. But I would take my Ps and Qs from the March and April lights weed crude contract because of its makeup inside of USO. So HD, I hope that helped you out with regard to those two requests. As always, thanks so much for your participation. We have requests to go take a look at MDRX. That is from none other than Brent in Martinez, California. So let's see if we can get back to those charts, find out where we might have put that. Is it here? Is that MDRX? No, that was EGY. So I'm thinking maybe MDRX is right there. So we take a look at MDRX. I believe Brent is looking for a bottom. So what we have out here, Brent right now, is we have a price trading below profile, bar number six of a TD9 count in the daily timeframe, roadsman to indicator signal that has been triggered. That needs a bullish reversal candle to enter a long position. Let's update the charts on the weekly chart. The weekly chart has the same kind of pattern. It's negated a TD9 count bottom. It's trading below profile levels out there. It also needs a bullish reversal candle on the monthly timeframe chart. The monthly timeframe chart for M, M, oh my not on the right screen. No, geez Louise, thank you, thank you, thank you. Thank you, thank you. Told you I would screw it up and I did. But that's okay. We had enough wingman and women in the audience to help us out. So here you can see we're below profile in a daily, below red-oslin and change line, same conditions on the weekly, same conditions on the monthly. So Brent, I would say that MDRX, what is MDRX? I'm gonna guess it's a prescription company of some sort. MDRX is Veridigem. Veridigem wants lower price, Brent. That's all that I've got for you as we speak right now. Steve Rhodes with TFNN. When we come back, let's take a look at Tesla for Vic. Steve Rhodes, TFNN, you're right. 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. 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Check out the Tiger's Den for just $1 and follow us on YouTube and become part of our vibrant community. And remember, at TFNN, we're so confident in the value we provide that we offer a 30-day money-back guarantee on all new premium newsletter subscriptions and services. You have absolutely nothing to risk, so why wait? Tune in live to Tiger TV and transform your trading journey because when you know better, you invest better. Join us and experience the difference today. TFNN, educating investors. Welcome back folks. One last piece of information on very Digium MDRX out there. There is an A to B equal CD pattern in the downside. So any bullish reversal can on a daily timeframe would confirm a buy the D point pattern out there. We had a request to take an XPEV. I believe that is a China ETF for electric vehicles out there. It's got a nice TD9 count bottom on the weekly timeframe so this should continue to rally. Resist is 8.91, 9.36 and then 10.48 out there. Let's take a quick peek here at Tesla. For Vic, Tesla generated the long signal yesterday. It confirmed a rogment to indicator bottom pattern. It's got a new profile that is forming today. Support at 181.42, resisted at 192.09. I wouldn't take the long trade now because of that new profile out there. But if we did get a close of of 192.09, that would tell you that Tesla has a change in trans signal out there. Otherwise, I try to buy support. And support would be at about 181.42 unless you got some other type of intraday signal out there. But we've definitely got a bottom in Tesla on the daily timeframe. The bottom would fail with a close below the low of February 5th and that would be at below 175.01. Weekly chart does not have a bottom. Suggest 164.35 and the monthly chart suggests moved down to 144.165. If I follow the daily first, you need to see failures on the daily to suggest those lower price so that we just took a look at out there. The, what else was there? That's it. Wow. We got through all of the requests out there. That's a beautiful thing. Let's take a quick peek in, go back to the intraday charts out there for the NQ to see if there's any other signals, anything that I can provide to you before we were looking at just the 10 minute chart, that was the only thing that had a topping signal out there. That is really still the case where we take a look at the NQ. So what that says, folks, is go ahead and watch the price level of 17. 793.50, if at five PM, it settles above that, you do not have a top inside the NQ. You most certainly do not have a top inside the ES. And if the Dow can close above its high from a few days ago, that high being 38.892, that top will have evaporated as well. Thanks for joining me, folks. Stay tuned for all the great programming. I'll see you tomorrow on terrific Thursday. Please have a wonderful Wednesday and be safe out there. Take care.