 The following is a presentation of TFNN. The Traders Edge with Steve Rhodes. All toll free at 1-877-927-6648 or internationally at 727-873-7618. The Traders Edge. Now, Steve Rhodes. Good morning, folks. Welcome to the January 29th. The magnificent Monday edition of today's Traders Edge show. I'm your host, Steve, Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there's 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 make that one little two-by-four shift, it means we can find the gift and 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 am absolutely grateful for your presence here, but even more important than that. And that's this. During this next 53 minutes, I'm here to serve you. So feel free to pick up that phone. We'd love to hear from you at 877-927-6648. Now, if you've got a question but you can't call in, you can always send me an email. Send that off to Steve at TF9.com inside that subject, getting police put radio show question. Of course, if you're inside our Tigers, then well, then any in every ping will do. So let's go ahead and get this show started on Magnificent Marvelous Monday. Of course, this is Tiger, Financial News Network. I'm Steve Rhodes. Welcome to the show. Right now we've got a mixed bag out there. That mix is going like this. You've got the Dow off 27 points, and SP's down two. The Nasdaq's up one. The Saad, the Russell's up six. The Semi-Zerof 10. You've got gold trading out of 2044. That's up eight bucks. Silver's trading at 2310. That's up 23 cents. Light's recouped 75-19. That's up a buck 78. Natural gas is off 23 pennies in the 30th Treasury. For now 120-06. Now our leaders in the clubhouse to the upside Chipotle up 44 bucks, nearly 2 percent. MicroStrategy 21 bucks, 4 percent. Equinix 13 bucks. One at 6-10 percent. Adobe 12 bucks, 2 percent. Regeneron Pharmaceuticals up over 1 percent. That's an $11 move. The Shakers to the downside. It is Mercado Libre off 30 bucks. One at 7-10 percent. PDD Holdings down 13 bucks, 9 percent. Williams and Sonoma off 10 bucks. Shockwave Medical down seven. Corpus Pharmaceuticals off five. That's an 18 percent move to the downside. So we got Movers and we got Shakers. Of course I want to look at what you want to look at. Let's begin the day by looking at, let's look at the four bearish charts that exist in the marketplace right now. And when I say four bearish, I'm referring to cash indices, the ETFs, the index ETFs out there, as well as the equity future contracts. So let's go switch over to my white background charts. Let's get to that actual set of charts that are the four that we should keep an eye on. Why? Because they've got topping patterns out there. So now we've got those four. You've got the Dow. Well, I take this back. So the Dow Jones did have a arrangement communicator top, and that was negated on Friday. So that was set up by this little bear sash candle. And so the resistance level would be the high of the prior candle out there. In this case there was a 38-109. And Friday's close was at 38-109-43. And the high on that prior candle was 38-109-20. So by 23 pennies, that top was negated. That's just simply how it rolls out there. But another bearish reversal candle, well, that would go ahead and trigger a rosement communicator top. So that one is gone. But when we do have tops out here, we've got it in the socks. You've also got it really in the SMH. So let me just switch over here and put the SMH chart up. But let's just change it so that we can have some profile levels in there. If you give me a moment, we'll do that. We'll put in the proper template here. Get all that going all daily. There we go. So now we at least have some profile levels. So you can see in the case of the SMHs, which is a different set of holdings than what's inside the actual semiconductor index, which we have next. So you can see in the case of the SMHs, they're holding that green oscillator and change line, which is a bowler signal. It actually gives you a neutral signal at this stage here because we have that top. What is that top going to do if it finds support where it should find support? Then it gives us a neutral signal. However, close below that level. This is the SMHs out here. That level being 187, 87. Don't hold me right to the penny, but a close below that line would then suggest they move down to the bottom of its new profile. That's at 18370. In the case of the semiconductor index, we don't have profiles there to assist us, but we can see that it's lost its momentum with price being below that green oscillator and change line. And that suggests lower prices. You can see we've taken out, we're not trading below it right now at the moment, but we have taken out yesterday or Friday's low. We're not even anywhere near Friday's high out there. If we take a look at the XLF, the XLF generated a, it has a wave number seven. So very, very, very, very small portion of the Chapman wave out there. That is letter G that was confirmed on Friday. Now what price is likely doing in the case of the XLK is targeting its oscillator and change line. That's at 20112. A close below that because there also was a new profile that formed on Friday. It's bullish in structure. In the case of the XLK, it'd be between 19792 and 19757 where price should find support. That's if it closes below that green oscillator and change line. And finally, we've got the NQ. And the NQ formed a Rosemont Dominicator top a few days ago when it generated that bearish shooting star candle. Only a close above that high negates that signal. There is a new profile that formed last week. Resistance is up at 17683 support at 17351. So to summarize these charts, watch 17351 for the NQ. Watch 20112 for the XLK. For the semis, John continue watching the lows of those prior candles out there as well as the highs just to give you a feel for the momentum. A piece of it inside the SMHs. You want to watch that oscillator and change line. And again, that's printed out at 18786. So those are four charts to take a look at and to monitor and pay attention to. If we take a look at the actual equity future contracts out here, what we'll see is that today is going to likely become bar number seven of a TD9 count pattern out there. So the ES could this week form a TD9 count top. A bearish reversal candle before that pattern might form would generate a Rosemont Dominicator top. And there, if price could close below that green oscillator and change line, then we'd be looking to move probably back to about the 4827, 4841 level, at least that would be its first stop. That oscillator and change line currently printed at 4912. We'll take a look at the end queue. We've really already covered that, I believe. We don't need to do that. The Dow equity future contract going to form bar number seven today. So you could get a TD9 count top between Tuesday and Thursday, just like in the ES mini out there. Short of that, a bearish reversal candle would confirm a Rosemont Dominicator top. You've got support, real key support at 37386. That's in the Dow equity future contract. Russell 2000 is beginning to trade just slightly above the top of its daily profile, but in order for it to generate some type of breakout signal, meaning that it wants to move higher, we need to see it close above that oscillator and change line. That is acted as resistance for what now appears to be six sessions out there, at least five. Today's session is not over. So the last five sessions, that is held as a key resistance level. So that's what's going on on the daily timeframe for the equity future contracts out there. What else can we take a look at? As long as we're talking about equity future contracts, let's go switch back to our other screen. Let's try to understand what's going on across the globe. How is it that traders in Europe, in the UK and in Japan are thinking about the ES, the NQ and the Dow out there? And the answer to that question, new all-time highs in the ES in terms of euros, pounds and yen today. The same is true with the Dow. We have made a new all-time high in terms of dollars, but that is likely to follow. That's the signal of that message of global capital flows into the U.S. Steve Roach with TFNN. We'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities & Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities & Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN Educating Investors. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? 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Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Folks, let's get to a couple questions that have come in and would love more, so if you are listening live, 877-927-6648 or Steve at TFNN.com. The first request coming in is about XPEV out there. XPEV is a Chinese something or other out there. I believe it's an ETF. And what we've got here, it is in wave number seven to the bottom. On the daily timeframe, that needs a higher load to confirm that bottom pattern. It's got a roadsman to indicator signal that's been triggered. That needs a bullish reversal candle to confirm a bottom, and there's an A to B equal C to the downside. That suggests maybe the bottom isn't in just yet. On a weekly timeframe, this week will become a TD9 account bottom. So the cool thing for you, the individual that continues to look for XPEV, I'd watch this week's low because whatever this week's low is, if price closes below that next week, that tells you about that this thing's going to continue to move lower out there. On a monthly timeframe chart, price right now is testing, it's trading just below, profile support out there. So on a daily timeframe, you can watch for a bullish reversal candle to confirm a bottom. That'll go along with the weekly timeframe. That's got that nice TD9 account bottom. Again, this week completes that pattern. So pay attention to the low of this week out there because if price closes below that, that says get out of dodge, which is XPEV. The next request coming in from John inside the Tigers then was to take a look at Apple. So let's pull up the charts for Apple. On a daily timeframe right now, price is pulling back, trading down by $1.45 at $190.97. It is trading just below its green oscillator and change line. A close below that today, John, would tell us that Apple's lost its momentum to the upside, that level being $191.28. And that would then suggest they move back to further support. And that's at $187.42, or price were to close below $187.42, $181.62 would be up next out there. If, on the other hand, at day's end, John price is able to hold that green oscillator and change line out there, that says be careful because it could be setting up the C point of an A to B equal CD to the upside. I say could because finding the C point is very hard to do. Really the easiest way is to go down to intraday charts as price on a daily timeframe is testing a potential supporter. Again, $191.27. So let's do that, Steve. So if we take a look at a 30-minute timeframe chart out here, do we have any kind of a bottom inside of Apple? The answer is, depends on the close of this candle here in the next nine minutes out there. Why? Because this could be a bullish engulfing candle. And if so, that would confirm a buy the D point pattern. In the case of Apple, John, that would suggest to move up to $191.87-ish, and at price we're able to get above that, you'd be looking at $192.50 or $192.96 out there. So that's what I see on a 30-minute timeframe when it comes to Apple. So I hope that helps you out, and thanks so much for your request. Let's go to our first caller. It is John Infili. Thanks for calling. Thanks for holding. How are you this morning? Steve, I'm doing very well. Hope you're doing the same. I am. I am. And since we've got a rematch about four years ago and your Sunday's time, we're counting on you giving us a run down the day after. Okay, that sounds great. Sounds great. Good football, certainly over the weekend. Good tennis. A couple of blown leads out there. What did you think? Detroit blew their lead. Medvedev blew his two-set lead. Second time he's done that, in the finals at the Australian Open, Nellie Corda, she blew a four-stroke lead out there, ended up coming through and winning out there. But it seemed like a lot of leads were blown over the weekend out there. How about for yourself? Did you play any golf or do any... No, you can't play golf up there this time of year. Maybe go skiing? Yeah, but you know what? We try. You do? Yeah. I wanted to ask you about VIX. Yes. VIX. Yes. Specifically, Steve, of course, the VIX bottomed back in mid-to-late December and is now just fluctuating around at a low level. As options volatility, implied volatility is going new, whereas people are not eager to buy puts or calls with reckless abandon yet. But you and I have discussed and you've described to your audience how the VIX and its 50-day exponential moving average, and when VIX closes above or below that moving average, then be the early signs of a change of intermediate term trend. So my question is, could you please pull up the daily VIX chart and with the 50-day exponential moving average, comment upon that and describe for us what your view is of this particular indicator and whether or not it is or just about to signal a change in intermediate term trend. So that's the question. Perfect. And Steve, if you don't mind, I take it off air. No problem. No problem at all. Thanks so much for the request out there. Much appreciated. And so let's take it. So we've got that chart that John was referring to up on our screen right now. And so at the very bottom panel is the actual spot volatility index. There is a red line on that. That red line represents the 50-day exponential moving average. So each of you should be on your charting applications. Each of you should be able to put that on your screen out there. So the tool that I'm sharing with you, each of you should be able to monitor this as well. And this is over the long term. Really, I'm showing a chart here that goes back to right now 2022, I think. Let's see here. Yeah, 2022. And we can go back further, but we really don't need to. There's a plenty of data. So what John was referring to is when the spot volatility index is trading below, closing below the 50-day exponential moving average, that gives the buyers an edge out there. And that is represented here. If we just start over on the left, you'll see a green square rectangle shape out there. And that shows the time period of when the spot volatility index was below its 50-day exponential moving average. So the way I like to say it is when the spot volatility index is below the 50-day exponential moving average, the S&P 500 is likely to move sideways to higher. Of course, the only caveat to that is when you've got an actual top that is formed inside the S&P 500. So the spot volatility index is not necessarily going to be that pattern that identifies the actual top or bottom. But John was asking about really a change in trend type signal out there. And so we want to, what I'm going to do is I'll focus next minute and a half or so, and then when we come back from the break, I'll spend perhaps a little bit more time trying to pull that together for us. But the red rectangles or squares that you see out here are periods where that spot volatility is above the 50-day. Sometimes we get just a quick move below or above that. I typically don't, you know, looking for the larger trend out there. And that's what these rectangular shapes are showing us out here. So at this stage, the red areas show when the spot volatility is above the 50-day and what price action is. Again, here, typically the S&P 500 moves sideways to lower out there. And so right now we're in a time period. So John's asking the question, where are we now? If we take a look at this chart right here and I just simply expand this out, this might be a little bit easier for you to take a look at. And that is now on this chart here, I also have a Bollinger band. And those are the red lines out there. And that setting is 50 to 1. That's not the normal 20 to 2 setting that is a typical default. But what we can see is that blue line, that's at 1361. That's the 50-day exponential moving average. So when I woke up this morning or maybe after my workout, I came back and you had the S&P 500 where the S-mini was trading higher and the spot volatility was above the 50 and of course I was saying, what's up with that? So I don't know what's up with that. But John's asking, what's the first signal that you could be seeing a change in trend? And the answer to that would be a close today above 1361. Especially because we are also in the time period where we've been seeing a rising bottoms pattern inside the spot volatility. Steve Rhodes with TFN, we come back from this. We got to go take a look at the S-mini just to put all this together for you. Be right back. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, show your skills, and you can do the best you can. It's the best way to do it. And you can do it. And it's not going to be like the other ones that you've seen, but you can do it. You can do it. You can do it. You can do it. It's the best. You can do it. You can do it. You can do it. It's the best. You can do it. It's the best. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from THE authority in technical market analysis, and it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. Eastern. Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. 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In the Tiger's Den, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other Tigers and Tigris' as they share trading ideas, news analysis and discuss the market action all trading day, even at night and on the weekends. The Tiger's Den at Discord is accessible on mobile or tablets as well, so it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. 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. Back up folks, so John would appreciate this last night, that was my wife's birthday yesterday and so I had to tape some of the football games because we already had ticket concerts to go see Al Dimeola. John's a real aficionado, especially guitarist. He's one of the greatest guitarists really out there. I mean there's a whole group of them but he's certainly right up there. For those of you that aren't familiar with him, I mean at a young age, I think he was 18, 19 years old, he, Chick Korea, heard a, I heard one of his tapes, one of his recordings somewhere and called him up and invited him to join the band. He was 19 years old and literally five days later, he was playing in Carnegie Hall at 19 years old. I mean he is, he is that good. Now last night was the end of their U.S. tour and he was in an amazing mood. He brought out that guitar, that he hasn't played that, he said he hadn't played that guitar for at least 30 years out there, so it was the original guitar that he brought out. I mean they were really having a hoot which was really cool to watch. You know and he's a great storyteller which is also another great thing. Now a lot of folks might not be able to necessarily handle his music, sometimes to get a little avant-garde so it's not your typical type jazz but if you just simply watch and really the musicians that he travels with, the piano player, French guys, been with him for you know 20, 30 years as well out there. So unfortunately I know he, I think he played through, I think came through the Clearwater area out there. I know he's traveling so it was very cool to be on that last show. Normally like they're done and they just want to get the heck out of there but the sound in this place, and I've been to this theater a number of times, the sound was just simply horrible. It was disgusting, the kind of sound that actually we left at intermission. So let's go back and I want to, and thankfully we did because others have been told so late I would never have seen the football games. So back to John's question about there, with regard to the spot ballotenex and maybe how each of us should go ahead and put this together, at least consider doing this. So I'm going to switch over to my set of charts out here for the ES mini and we're going to take a look at the daily timeframe. I mentioned this earlier. So the spot ballotenex trained them up it's 50 day that would be one signal of a potential change in trend. Another signal or the additional signal you'd like to see with that and it could be the S&P, it could be the spy, it could be the ES mini, it could be all three together which you'd prefer to see some type of unanimous vote out there is some type of topping pattern. Well, it turns out when we take a look at the ES mini out here, John, there is a possibility. So one of the things that I do with regard to my Chapman wave counts is once I get to letter D, that fourth wave out there, I then immediately start another wave count. Those are the letters here that are in the black digits and Friday was a wave number seven count that was out there. If you go the more traditional route, which would be you wait until you get to that seventh wave, G and then restart that count out there, you'd only be in that third wave. But we do have a road meant to mitigate our signal as well. And if we could get or if we did get a bearish reversal candle or anything that confirmed that top out there and close below its green oscillator and change line, which is currently printed at 4913, I would say that that would be a sign of a top out there. Peter, I saw Al Dimiola, D-I-M-E-O-L-A I think is how you pronounce it. He is really just a, he is a superstar when it comes to watch his fingers move on those guitar strings. It's extraordinary. It really is an extraordinary thing to do. I just have an, you know what, maybe most of us, speaking for myself, I really have an appreciation for those individuals can absolutely do things that I could never even dream of. I could dream of wanting to do it, but I just no skill set at all to to do that. So on the ES Mini, watch for a bearish reversal candle. Again, today's going to be day number seven. We're in window dressing. It would make sense that maybe we get that TD9 count top towards the middle of the week, maybe by Thursday out there. So that's what I would be looking for. That's the daily timeframe charts. Now, John, if we take a look at the intraday signals here, five hour, four hour, doesn't matter, two hour, 60 minute, 30 minute, 15 minute, maybe not the 10 minutes so far. We've got tops on all of those intraday charts. So I know what the signal is that the ES Mini is trying to send to us, but it still hasn't really broken, you know, hasn't broken any real key levels of support out there. So I would say, just stay tuned. So I hope that answered your question. I know it was long winded, but it really required that long winded. Well, I didn't need the Altimaola story out there, but it did require that long winded understanding. And again, the other issue, which we'd really like to see take place at that same time, is let's say we're just taking a look at the S and P by the ES Mini, you know, or we could take a look at the index charts out there. But if I switch over here, and we already take a look at this, but I want to do it again, because what you really also need to see, John, is you need to see the ES Mini not making another new Altimaola high and other currencies out there, like the Euro or the Yen to the pound. So we can move lower in the dollar. We are trading slightly lower in the dollar. We're certainly trading below the Fridays all time high. That's not the case in terms of Euros, Yen and pounds out there. So we could see sellers in the US, but buyers overseas out there. And that would then say that whatever move we get to the downside would be relatively minimal, muted, so to speak. Of course, another area that John is watching, I'm sure, is he's paying attention to Apigee, which came in about 3.14 this morning. That Apigee pivot point at 49.16.75 out there. And, you know, right now we've had price kind of going back and forth. So Apigee pivot points not really giving us the clearest of signals just yet out there. The NQ that numbers at 17.552.75 out there. So those are some levels and areas to watch. So I do hope that helps you out. And as always, thanks so much for the request out there. Let's take a look at, oh, we've got a request out here. Take a K-Web. So let me go switch over to those charts out there. K-Web out here. Another China, I believe this is the internet stock here inside of China. You know, it makes it difficult. I've shared this with everybody before. Then take a look at that daily timeframe because you have currency conversions out there between the one and the US dollar. It makes the daily chart really hard to rely upon its signals. Now, you can't rely upon the signals for where buyers and sellers are at with regard to those profiles. But what I would say with regard to K-Web, very similar to XPEV, is that now in the case of XPEV, it's going to complete this weekly TD9 account bottom on Friday. In the case of K-Web, it's going to confirm or should confirm a TD9 account bottom, but that pattern won't really complete until next week out there. So you could be seeing some type of bottom. I guess I'd pay more attention to the weekly chart than the daily chart out there. So that's what I see when we take a look at K-Web. I do hope that that helps you out. Now, I don't have any other requests that I see inside the Tiger's Den. Let's see if anything is coming by email. And certainly I'm getting emails. There's no doubt about that. Nicholas writes in great. So Nicholas writes in, he would like to take a look at shops. So let's go ahead and put the, oh, do I have something else? Hold on a second here. We do have, we do have a caller. So Nicholas, I'll get back to your chart, but let's go out to Brent in Martinez, California. Hey Brent, thanks for calling. Thanks for holding. How are you doing this morning? I'm doing quite well, Steven, yourself. Excellent. Thanks much for asking. So your San Francisco 49ers came through another great game out there. It's been a little hard on the ticker watching those games, but hey, it's worked out pretty good in the end. That's great. Hey Brent, I just realized we're about to go to break out here. So hold your thoughts. We come back. We're going to take a look at SQM. And so folks go ahead and fire up those charts and prepare for Brent's question. Steve Rhodes with TFNN. We'll be right back. 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Distributor for side fund services, LLC. I don't have a position. I've just again been watching like I often do with whatever stock it happens to be. But in this case, it seems like it's getting back to you. There's definitely a level on the yearly chart that it's really close to around 44 and change. And then on the three-year chart, I saw there's something going back to May of 2021, I believe it is around 39. So I just, I didn't know if he had some levels and you're charting that would make sense. That's what I'm trying to find like worth potentially a bottom in this thing. Yeah. So I would say that the answer to that question, the first level to be watching is a swing point that it's trading into on a daily base from back on November the 13th. And that swing point generated big volume or 6.8 million shares or for this instrument, that was big volume. Today's trade as an example is done 568,000 shares, even if we multiply that times three, we're only about 1.7, 1.8 million, something like that versus the 6.8 million that it's going into on Friday, the volume to the downside. It did close below and it's been below the bottom of its daily profile for a couple of sessions, 912,000 shares. So prices point back in that swing point with lighter volume. Because we're trading inside there, that first test, it would be at the 44.86 level. And now I don't have any kind of bottom signal or anything else on the daily time frame. So that would just be your typical test and rejection of a swing point. I know that oftentimes or sometimes you trade that pattern. Brent, if you do trade that pattern, do you wait for a sign of strength or do you just wait for the test and rejection or is there some some other elements that you consider? Yeah, I would say more of the test and rejection is what I normally do. Okay. It's actually worked pretty well for the most part, not always, but sure. And then you want to see a continuation of that. You can't, I don't want to say one day deal. Yes. You want to see that kind of continue on. And then maybe even it might pull back a lot of volume and have another sign of strength and then just, you know, yes, yes, in a routine. Yes. So in the daily time frame, which is what we're looking at folks to help us try to identify a potential bottom out there, you'll see prices also below profile supports. We don't have any support other than that swing point to the downside. You're below red-acid and chains line. That's a bearish signal out here, but yet I'd still be paying attention to 44.86. And that would be your first area to look at on a weekly chart out here. Price is also trading to that same basic swing point time period for the weekly time frame, which the swing point that ended the week of November the 17th. And that had 15 million shares. As an example, last week, the pullback was with 6.5 million shares. So now there's also Roadsmen Dominicator signal that just triggered this morning for the weekly time frame. So to put that together, if that were to generate a bullish reversal candle, that would give you the confirming bottom pattern for the weekly time frame chart. The monthly already has a TD9 count bottom and that price is trading into it. Now the swing point that is trading into us from November also of 2023, 39 million shares on the monthly time frame again for then. Right now we're 28 million shares. So we're pulling into that swing point with light volume as well out there. But if price closes below that low, and that low is the lower looking at at that swing point test at 44.86, that's going to suggest that we could see lower price out there. But you'd still go back to, you'd still default back to the weekly and daily time frame looking for some type of bottom signal. Now what, how did I confuse you? Oh, no, not at all. See, that was very helpful as always. And just, yeah, I think that's the level of the watching that that's, you know, breached in it, you know, does that for more than a day or two, then I would just allow it to go lower. And if it has some kind of reversal there, then yeah, maybe that's it. And I did notice like you mentioned that there was good volume that day, but at that swing point. So yes, that's in there. I'll definitely be watching. I appreciate that. I like that you included the weekly and the monthly as well. So thank you so much for that, Steve. I hope you have a great day and a great week. Oh, well, thanks so much. Always I have a, I already have a great day. You called. I doesn't get, but I got a call from, got a call from you and a call from Zee on the same day. It does not get better than that here at TFNN. Although another call from somebody else, maybe Garo, that would certainly add to it. That would be, that would be your triple. That would affect there. Exactly. Exactly. So, hey, Brett, thanks for the call. I look forward to speaking to you again. All right. Take care, Steve. You bet. That was Brent in Martinez, California. Now, Nicholas had written in and he wanted to take a look at Shopify. SHOP is the ticker symbol there. So if we take a look at, I was showing charts. Oh, wow, wow, wow. Steve, Steve, Steve, Steve, Steve. Hey, let me pull those charts up here since I wasn't showing them. Obviously, you know, let me, so here's, here's that daily timeframe. Thanks, Mr. Bill, for making me aware. We were taking a look at the chart that showed that swing point, but here on the weekly, on the monthly timeframe, you can see that TD9 count bottom and you can see that Rosemont Dominicator signal and that wave C back in November out there. So, sorry for not actually showing that chart there right away, but now we're back to square. And let's go take a look at SHOP for Nicholas out there, SHOP. And his question is, hold or sell? So, when we take a look at Shopify, if we open up the daily timeframe chart, what we see out here is what? Let me pull this back, clean it up just a tad. So, he had a Rosemont Dominicator top that formed on January the 12th. And what that has led to is a consolidation with inside its profile. So, in that instance there, that would tell you that this is really on a hold signal out there or a neutral signal. Now, there's a new profile that price is trading within. That's got support at $78.43 and resistance is up at where it's trading right now at the $81.95 level. So, there's even with the new profile, you'd have to close below $78.43 to give you a profile change in trend signal, you know, two consecutive close below that level. If you get two consecutive close above this $81.90 area where we're trading, the exact profile level again for Shopify, $81.95, you close above that, you actually get a daily change in trend bullish signal to the upside out there. So, right now the daily chart says hold. The weekly chart says buy or hold as well. You were asking hold or sell, those are my only two options. Why? Its TD9 count pattern was negated a couple of weeks ago. We're trading them up profile. We're trading above the greenhouse certain change line. Those are bullish conditions. So, the weekly chart says hold onto that trade. The monthly chart says hold on as well. We're trading above last month's high. We never got down to last month's low. So, this suggests that it wants higher price. So, Nicholas, that was a pretty easy one to answer for you because the daily says you're in a consolidation with the top. So, you're basically neutral out here and a weekly and the monthly say they want higher price out there. So, my answer to that question is definitely hold. I hope that helps you out and as always, thanks so much for writing in. We'll check real quickly here. See if there's any other requests that have come in. I don't see anything. Is there anything inside the Tiger's Den? Give me a second here. See if somebody get over to that page. Oil. John wants to take a look at oil. So, we can do that right here. Let's take CL. We are in the March contract. So, let's put the March contract up on our screen right now. And so, what you've got out here, John, is a TD9 count top that completed last Friday. And as long as a price remains below, closes below the high of last Friday. The high of last Friday was 78.26. As long as price remains below that, that pattern is in place out there. And that suggests a further pullback because right now we're trading below the top of that daily profile, 77.52. So, John C., the target to the downside, the next target inside of Lightspeed Crude, we'd have to save me 75.48. That's the center of that barest structured daily profile. I'll see if there's anything else during the break. Otherwise, we'll go ahead and take a look at something else we get back here. Steve Rhodes with Tia Pineda. 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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So what I was able to find out here, John C., is if we take a look at a 60-minute time frame chart for Lightspeed Crude, again, we're looking at the March contract, it did complete a TD9 count bottom at 11 a.m. out there. So watch that low. We're suggesting the daily time frame charts are suggesting that we have lower. If that's the case, what I'd say is you'd see the confirmation of that, even if I close it below the TD9 count bottom, that hammer candle out there, that low, which is a 76.54. I'd say the real proof in the pudding would be a close below 75.95. That's a TD9 count breakout level on a 60-minute time frame with 76.06, 75.95 level out there. Price closed below that. That adds the idea on the daily time frame chart that we had down to at least the 75.48 level out there. So I hope that helps you out. There was some conversation earlier about Bitcoin. We don't really usually take a look at Bitcoin, not for any reason specific, but let's actually go ahead and do that to close out the show with this next minute out here. So I've got those charts fired up out there, and this is Bitcoin. I believe we're trading the February contract out here. So if we take a look at the daily time frame, we don't have any kind of bottom pattern. That doesn't mean it hasn't bottom. What we do have is that we've got a change in trend signal out there, a profile change in trend signal, and that came across last Friday when price closed above the profile level. Now price trade above the screen outside and change line. If you get it closed today above 43.11, odds favorite, Bitcoin's going to make a move to 46.850, no topping signal on a 30-minute chart, nor on a 60-minute chart, nor on 820-minute. You're negating the TD-9 count top on the 240. So I would have to say Bitcoin is headed higher with that price objective at least at 46.850 out there. So hopefully that helps anybody who confirms whatever you might have been looking at out there. So folks, stay tuned for all the great programming. I'll be back with you at about 315 with Tom. Have a marvelous Monday. And if I don't see you or, you know, you don't hear from me this afternoon, we'll see you tomorrow bright and early 11 a.m. Take care. Have a magnificent Monday. Be safe out there, folks.