 The following is a presentation of TFNN The Traders Edge with Steve Rhodes Toll free at 1-877-927-6648 or internationally at 727-873-7618 The Traders Edge now Steve Rhodes So Give me a signal then You're on okay. Hey, good morning now folks is Steve Rhodes. This is the Traders Edge show It's about 11 o'clock 6 in the morning I'm having some fairly decent technical difficulties out here So it's gonna be an interesting show the technical difficulties. I can't hear a thing So, you know, but usually we use the music to cue ourselves in to ourselves out and obviously I would love to hear from you But today I think you need to send me an email So send an email to Steve at TFNN.com inside that subject any people kind enough to put radio show question We're inside the Tiger's Den I tell you what we're gonna is gonna work best today for sure Because I really need to stay on the channel with the production room out there So if you send me a private message Then I should be able to get that and we can take a look at your instrument out there So by apology for that, you know, everything does happen for us Not sure what the force is just yet, but we will go ahead and get through this So right now we've got all the US equities straight to the upside You've got the DAWA 567 points the S&P's up 83 the NASDAQ 333 and they're also 49 That's 1 in 7 10s percent 2 percent 2 and 6 10s percent 2 6 10 2 and 6 10s percent Respectively the some eyes are up 3 percent or 87 bucks. The trend is our force 7 that's 3 percent to the upside Got gold trade out at 1818. That's a butt 6 bucks sober praying out at 2080 That is up 32 pennies lights. We crude is back 59 8 8 92 is the print their natural gas up 15 cents of the 30 Treasury up 8 takes trade out of 142 20 Lead the charge dollar wise the upside You've got booking holds up 58 bucks 3 percent Mercado me break nearly 7 percent 65 bucks SBB financial $41 nearly 10 percent hub spot a little over 10 percent or 38 bucks We've got some movers But we also have some shakers those shakers come from tea tech holdings down nine and a half dollars or 13 percent springworks therapeutics 18% to the downside nearly seven bucks Optimix corporation down about six bucks or 26 percent scryde ink up four bucks 11% so we do have some shakers out there, but first let's begin with what we want to get but I tell you what We're going to begin with I'm going to go take a look at our change panels here momentarily Go take a look at the a daily equity future contracts And there we will look at the levels that price needs to close above to negate their top competitors Now each of these contracts Have valid copy and take a look at the yes, maybe put to simply expand out the chart out here Make it easier or the stack just a tad. We're going to see as a nice TD 9 cone top that TD 9 cone top If price close about 41 88, that's the part of bar number nine out here that will negate that path Now there's still an A to B CD to the upside There's a couple perhaps that we could generate out here, but this would be signaling to you and I That what price wants to do is make its move up 46 17 in a quarter 46 17 quarter is the TD 9 count rate down so that becomes a target if we were to get a bearish reversal candle on them Move up that would generate another sell the deep outer But what's going to have to happen is price going to have to take out its green oscillator and chain line in order to signal There's any kind of traction there. So the level to be watching today inside the as many as 41 88 You don't want to be short price closes above that level the NQ The NQ is not trading by resistance resistance here was established by its bearish and coffee candle That formed out here at the trade day of August the fifth that set up a cell deep lead pattern But what transpired yesterday is price pulled back tested every take that green Chains on the same thing this morning. That's a bi-signal the real bi-signal inside the NQ is the confirmation of that bi-signal Would be a close of up 13 3 8 450 that is the high of that bearish involved Can't so that's the next number put on your pad of paper price close above that don't want to be sort Unless there's some kind of really in today patterns. I'm not really going to intraday So I'm going to trade up fifteen hundred and thirty minutes. We're looking at the daily time here and this would suggest a close above the Cell the default thirteen three eighty four fifty would signal a move up to the fifteen two twenty eight fifty level Let's go take a look at the Dow equity contract the Dow equity future contract right now is trading above the resistance That was established by its bearish and coffee candle now It was really like that candle that work yesterday engulfed the prior day So the resistance really the high of the candles that are being engulfed either the gulping can or the candles being Engulfed so that's that's up 30 065 That's the high to go price is well above that you close above that level in case that signal Suggests that price wants me to move to 35 and 77 trade right now at 30 306 again a to be equal CD patterns are present Just like the bearish involved candle at born yesterday that could identify a sell the deep one pattern But that green oscillator change line is so if you don't close all that That's just simply a retracement back to support if we take a look at the Russell two thousand years just to go ahead and Finish out the equity future contracts. It has a T not felt up. It also has a sell the deep That was because of yesterday's a bear sash came here. It's all being camped out here So resistance here is nineteen fifty nine eighty prices trade in nineteen sixty two right now close them up nineteen fifty nine eighty It's gonna suggest move back to its recent highs. Those are the price remarks that would get us into the twenty one 32 tight up there. So that's what's going on. Take the daily time for the equity futures. Let's go take a look at some shorter-term credit charts and This will be for the ESMini So on the ESMini got a five-hour chart five-hour chart here It's gonna be gated seventh wave top throws the Dominicator top where they close it's high Which is forty one eighty eight same thing that we're looking at inside the daily time frame So close above that we come into a two o'clock hour Wait a minute to be one second 41 92 we are Or prices already gated this at nine o'clock So that pattern has been negated there is no top pattern for the five-hour That would also mean there's no the four-hour time frame which had that same wave number seven and roads It's gated top look at a hundred time frame chart and signal present Bar number four sixty minute chart you are completing a you will complete a TD nine As we come into the well-known time frame bar number nine is going to plead. I take that back bar number nine is going to Noon the bar following bar nine is going to complete at one o'clock. That suggests you could see a short-term top We've got bar eight that is complete 30 minute time That's as a 12. We're likely to have a T-count and a 12 30 the completion of that pattern the 15-minute 10-minute charm of the future might be signaling a short That's if you don't maintain this road There's a bearish start to confirm Meticator top price still of its daily profile on a screen on center James on so it's kind of a questionable topping signal overall Take a look at the yes many a nice rally price trading above that key resistance levels Don't know whether we'll hold some want to take a look at at a set right now The 60 minutes the 30 minutes are so the one signaling that there could be a short-term I preferred a short term That could take price back 60-minute time frame all the way down to forty one sixty one So you want to watch thirty twelve levels forty two one level forty one eighty seven is another and forty one seventy three Is the next out there so hopefully we've tied this pretty well Hopefully we find this out and I'll be able to break So come back here and try to on the sound zeroed with TMP Blooming inflation we are purchasing powers eroded. There's no better place to protect your hard-earned money than in gold This the golds flagship asset is the Monk Todd gold project in the northern territory of Australia This is Australia's largest undeveloped gold project We are talking a world-class gold project in a tail one mining district This is a large-scale low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction This the gold just completed the Mount Todd feasibility study Which resulted in a seven million ounce gold reserve in a 16 year mine life All of this combined with the approvals of all major operational as well as environmental permits This distinguishes Mount Todd as an attractive dearest partner ready development stage gold project This the gold trades on the New York Stock Exchange under the symbol VGZ You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices Selective stocks and commodities subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by Basil Chapman Creator of the trading methodology known as the Chapman wave the Chapman wave up-down sequence gives you an edge in Identifying price turns finding the peaks and valleys and stock prices get the opening call newsletter by Basil Chapman and your inbox Every day first-time subscribers also get a 30-day money back guarantee if you're not satisfied Let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 Finishing at number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge Every day it is 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 toll-free at 1-877-927-6648 internationally at 727-873-7618 Coming in and out of breaks out there it means I really can't take any calls But I do want to hear from you so you can always send me an email like Alton has done here and a few others And I'll get to your get to your request now Also, I know that there's some choppiness that apparently some choppiness on your end and my apology for that What we're gonna do is during the next break, which is about eight minutes from now I'll go ahead and read my whole system what that means is I won't come back on live during the normal segment So there'd be a little bit of a delay to get my whole system power back up We're gonna try that as a fix in the meantime, but just keep rolling along here So Alton writes in and Alton says good morning Steve Ray call in the market so far Please look at a you ticker symbol a you looking for an entry point In your take if it's a good stock for the long-term holder out there So we take a look at a you to make sure I've got that right chart up in the yep We've got that up on the screen so get there that sounds better. Well, that's cool But I don't know what's going on with the system So we take a look at Anglo Ashanti out here right now It's straight out at 1612 and it's trading above the top of its daily profile really It's a bearish structure daily profile that gapped up above that two days ago. So 1498 so that's suggesting a potential change in trend And it doesn't have a bottom It does it's got a nice roadsman communicator bottom as far as where is this next target or next resistance level to the upside? I know you asked, you know for a buy point out here and a daily time frame chart You know to have to say it would be some kind of a pullback and a pullback to where you know the 1498 1467 and I don't have any indication here ultimately That's what price is going to do but that would in essence be your entry area if we look at the weekly time frame chart What I don't have here is a bottoming signal doesn't mean it hasn't bottomed just means I don't have a bottom signal prices inside a Bowler structured profile. It's well above the center of that profile at four two and thirty seven the ultimate that typically signals Is that price should make its move to the top of the profile? That's at 1709? So it's now a good time to add when you're you know buck away a lesson to buck away from that resistance level You know, I don't know if I look at the monthly time frame chart out here It looks like really just a good old-fashioned consolidation. So we'll just expand that out Just so you can see so this is trying to answer your question Well, what are the charts say about the longer term move out here? So we're looking for that longer term pattern that longer term pattern What I see out here, maybe you see the same kind of a thing is in essence is a consolidation that looks Something like that. So right now From that perspective you are or it is near the bottom of that consolidation That would at least suggest that price should move over time to 1910 Maybe up to the top of that consolidation level top that consolidation Would get you into the 25 or 26 level out there So is Anglo-Chante the strongest of the gold stocks out there I don't know the answer to that question as far as an entry point It would be on some kind of retracement and right now from a daily profile standpoint that retracement would be in the area 1467 to 1498 but again, I don't have any signal, but that's what's going to unfold out there 1555 could be another area So all tonight do hope that helps you out But what you're looking for and I thanks much for taking the time to go ahead and write in our next question coming in from a AI out here Pumas and a cause okay, and says hey Steve But I see Disney for an entry point. So let's get the Disney charts up on our screen out here Diaz is the ticker sample found long at home and a Disney right now is trading out at 111 15 So what your question is is where's an entry point on Disney? So the entry point here would be if price could pull back and test its green ox litter and change along So we'll take a look at that now where that's printing out right now cause It's not necessarily be printing out as price moves down to that area. It should price move down to that area now That is 106 and a quarter in the top of its profile daily profiles 106 65 What's missing here? You've got the a to b equal CD pattern, but what we don't have now Maybe we had it yesterday. Let's just take a look at the a to b leg We'll just move that over to the c to d leg just to see where we're at inside that pattern out here Let's move this There we go So okay cool actually so it has not even completed the one-to-one level now We get us up into about the 114 area now what this needs to confirm a sell the d-point pattern It's going to be a bearish reversal candle today's a gap to the upside. That's a bullish signal out there Not a bearish signal So I'd say let that Disney complete the a to b it might be more than a one-to-one a to b Equal CD and then by the retracement out there At least that's what I would say and a reason to suggest that to you cause is when we look at the weekly time frame chart for Disney Nice roadsman to indicator bottom the price is struggling in the resistance zone And I say zone because it is a bearish structured profile That says that sellers are hanging out between 111 41 and 115 39 the price did close about 115 39 That would be telling us about a change in trend in Disney and it's intent to go run up to the 13359 level Now Disney it looks like on a monthly so the monthly basis atop with a TD9 So let's take a look at the a to b pattern that it initially set up here I'm gonna go with this right there where price made a TD9 count and Let's take that to its C point and see if we've got a we do so a Disney is done on a monthly basis Is it as confirmed a by-the-d point pattern? It did that when it completed the one-to-one price projection area and then it was confirmed with that Woolish piercing candle for the month of July Now we can also see that that caused that it's also in chains on his change colors That tells us because we have a valid bottom that price over time wants to go target that area That's at 130 346 course We know that Disney has its work cut out for us in this cell zone on the weekly base 111 and 115 So you're looking for an entry point that entry point would still be a retracement the ideal retracement We take it down to the 106 65 ish level that would be both the top of its daily profile and that green Osset or in changeline so we need to see here first is the market or Disney itself moved lower And then you and I can come back to that stock chart take look at even at the intraday charts to see if We can find some type of signals so cause I hope that helps you out Thanks much for taking the time to write in less writes in in very small print I might add there less so maybe at your next one you could just for Stevie's eyes You could increase it from a font of like maybe six to maybe 12 or 14 or something like that I do appreciate you said and I've just got to try to blow this up see if I can read it So my is good. They're not actually that's that's suspect. Let me try to turn this thing sideways Hey Steve my charts signal a by long on gdx yesterday at the close what do you see? Thanks. Well, let's go take a look at the gdx get that up on our screen out and see what kind of signals we can find from yet and So I'm not sure what was the signal for you on a gdx yesterday So when I take the gdx all I can see is that it was moving into its gap that it had On the trading day of August the it was August the 8th out there So one pencil by way might have been just filling that gap Which would had to get you down to a low of 26 30 and it didn't do that yesterday. It got down to a low of 2648 out so they complete the gap but your question specifically was well, that was a by use to show this by one That's fine. Don't we see yesterday's close to I see I see right now price testing resistance levels Those resistance levels less are both topics daily program. That's currently printing at the 23. I'm sorry 27 34 and just above that 69 count breakdown resistance of 27 signal one. So I show the gdx trading in resistance And close by reasons that would keep me playing We'll come back and look at the gdx with less as soon as we get back to this break My system out here, so we're not going to be able to start that next second right after time If you want to take advantage of this sector now is the time to subscribe to my gold report The gold report is a comprehensive look at the metal sector as well as the markets that move gold Which is the currency and bond markets new subscribers get a 30-day money back guarantee So you have nothing to lose every Monday morning I published a gold report with coverage of gold silver bonds the XAU HUI gdx as well as more than 30 different mining equities To see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting TFNN comm don't miss out on the next great gold trade sign up today TFNN is excited about our new software charting program the art of timing the trade charts in Collaboration with Tom O'Brien and using his best-selling book the art of timing the trade your 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 Gartleys 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 and right now. We're offering licenses available at only $79 a month. We are so confident that you're gonna 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 comm Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at TFNN You'll get advice and guidance from the authority and technical market analysis, and it's not just dry tedious text either TFNN airs live financial content streamed live on TFNN comm and TFNN's YouTube channel with Tiger TV live every market day From 8 30 a.m. To 4 p.m. Eastern for free each host is an experienced trader and gives their take on the market while taking Calls and questions live from around the world from the moment the market opens until the closing bell sounds Tiger TV has eight different shows with Expert hosts to help you make the right moves with your money watch online at TFNN.com or on TFNN's YouTube channel and Become the investor you were born to be TFNN educating investors Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help Tom O'Brien has been successfully trading markets for over 30 years a frequent contributor to TD Ameritrade Network and CNBC Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you Tom's daily market newsletter market insights is published every morning when the markets open to give you the competitive Informational edge you need to succeed These newsletters are packed full of Tom's advanced technical analysis in our gear to deliver comprehensive strategies for a successful portfolio Get Tom O'Brien's newsletter market insights today and try all of our products and newsletters 30 days risk-free With our money back guarantee at TFNN.com TFNN educating investors fill the S&P 500 Continue to climb for bold trades on US large cap stocks in either direction trade SPXL SPUU or SPXS Directions daily S&P 500 bull and bear leveraged ETFs Direction leveraged ETFs an investor should carefully consider a funds investment objective risks charges and expenses before investing a funds Prospectus and summary prospectus contain this and other information about direction shares to obtain a funds prospectus and summary prospectus call 866-476-7523 or visit Direction investments.com a funds prospectus and summary prospectus should be read carefully before investing an investment in the funds is subject to risk Including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services LLC 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 it is 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 This segment is brought if you want to take advantage of this sector now is the time to subscribe to my gold report The gold report is a comprehensive look at the metal sector as well as the markets that move gold Which is the currency and bond markets new subscribers get a 30-day money-back guarantee So you have nothing to lose every Monday morning I published a gold report with covered of gold silver bonds the XAU HUI GDX as well as more than 30 different mining equities To see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting TFNN.com don't miss out on the next great gold trade sign up today TFNN is excited about our new software charting program the art of timing the trade charts in Collaboration with Tom O'Brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David White has programmed an Outstanding piece of software that will complement any traders 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 guardleaf ABC's 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 and right now we're offering licenses available at only $79 a month we are so confident that you're gonna 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 This segment is brought to you by think or swim for more information Just click the think or swim banner on the front page of TFNN.com Welcome back folks, so we did try to reboot the sit down We didn't try we did reboot the system that did not resolve the issue So I still have no sound in my ear other than the a tinnitus sound Which is not a real pleasant sound to have out there, but any but I believe you guys can hear me We were taking a look at the gdx. We want to go ahead and finish that off. That was for Less and so less what we've got with guard to the gdx. It is running into resistance Again, that's the top to its daily profile It is the TD 9 count breakdown level of 2761 and then just above that if you look to the weekly time frame chart Gdx has got resistance at 2799 and then just above that is the oscillator and change line So we don't know and we do have a nice We've got a daily roads went to indicator bottom and basically just a consolidation with inside its profile What we have on the weekly chart is really not a confirmed by the d-point pattern If we take a look at this you can see that prices well above or the low that it came in here a couple of weeks ago It was well above the one-to-one price projection level So what I have a bottom signal doesn't mean it hasn't bottom just means we don't have a bottom signal out here So was yesterday a buy A buy You know signal there was a buy signal if you're using No yesterday So I don't I don't show that but but you're using different tools out here The most important thing that I can share with you is what I have shared with you So far, which is where the battles are up top This doesn't tell me Whether we're going to be able to get through those battles or not Yesterday's volume on the pullback was a light volume pullback as an example yesterday's volume price pulled back with about 16 million shares We are two hours into the trading session and it's done nearly 9 million shares and it is moving higher So this does say that at least you've got the volume behind it to try to push through this resistance level It doesn't guarantee that it will but it's pushing higher to get through that resistance level So the all clear with regard to the gdx less would come with a close above the weekly oscillator and change line That's about the 28 dollar area. So I hope that helps you out. Thanks much for taking the time to write in and Sorry about the uh audio Out there and you sent me another message the print is so small I just can't read it. My my apologies. You've got really great eyes That's all I can say and I'm not hitting on you and hector you've done the same thing You're a prince just a tad tad larger, but it says hey steve. I happy wonderful Wahoo wapoo Wednesday out there Google abc up breakout You've been loading up the ragged so let's pull up about google out here. See what his charts are telling us Question goes on and we've been loading up our wagon since the bottom Of may the bottom of june and the bottom of july each time believing it was the by the d-point To the moon just finally headed towards the moon out there Well, we take a look at uh google right now. You can see that it's trading above Uh, both both above a prior high out here from a couple of days ago. So that looks pretty good You've got that nice road's meant to mitigate her bottom out here. You're seeing a series of higher slightly higher highs Um, not so much with regard to the higher lows out there But on a weekly time frame chart out here What we've got and you can see the a to b equal cd pattern They was referring to or if you can't see it. I'll sort of draw it in out there. Whoops. That didn't work back up in there um The a to b Would look like this So that's your a to b and we just move that over That's going to be an expansion of that line more than 120 c And uh, so you can see it's it's more than did that. So you've got that nice hammer candle That confirmed your buy the d-point so you're absolutely right about that now But prices still Is we're looking at the ob The price is trading above the top of its weekly profile. Now that's going to be important on friday It's nice to have that today, but it's really going to be important on friday So 120 65 is a number that you and the patty are looking at price close below that Then the signal would be and the price should make its way to the 132 94 level 132 93 Is the td9 count break up? So This coming wednesday august 10th basal Chapman will be hosting an all-day live webinar from 9 a.m Till 2 p.m eastern time Well, he'll be presenting the technical tools based on the Chapman wave methodology a full in-depth course on his entire trading system Over the five hours of live education basal will discuss studying and practicing entry and exit points Assessing where to add or subtract from positions utilizing simple technical tools for holding positions longer Taking bear charts and adding notations tools and patterns as well as identifying three core formations that repeat in Every time frame and much more when you sign up You get a chart booklet emailed to you immediately to start studying and you gain access to his daily newsletter the opening call A $149 value the cost to attend is only $295 and the full five hours will be archived Don't miss this live special event wednesday august 10th with basal Chapman for all the details and to get started Today visit the front page of tfnn.com right now The technology around us is changing every day with so much happening that can seem impossible to keep up with all the information David white's investment newsletter the technology insider Is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future David white has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only 37 in 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30-day money back guarantee tfnn educating investors Are china a shares hot or not? If you trade china a shares now may be time to take a closer look trade chAU or chAD Directions daily csi 300 china a share bull and bear etf's china a shares in either direction Visit direction investments.com today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing The prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus Please contact direction shares at 866-476-7523 The prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk Including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services llc This program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz That folks sorry about that. Sorry about a number of things here today having some technical issues And I think I was talking right as we were going into that that commercial again I couldn't couldn't hear anything. So let me go back to the google. Hopefully I can somehow pick up where we left off so What hector and patty are looking for their question is is google headed to the moon So with regard to where google is headed to right now on a daily basis its price target is 13192 That is a td9 account breakdown level on a weekly time frame chart We talked about how google right now is trading above the top of its profile One 2065 if it closes above that on friday, that's going to suggest a change in trend Google's got a nice a to b equal cd pattern to the downside A nice roseman to make it bottom on the daily time frame and at the monthly time frame with prices It's got a nice td9 account top of price will right back to break out some more 100 was slightly above that so that helped If in fact price on a weekly basis close above 126 120.65 then that's going to suggest to 13294 We have 13294 to target 13192 on our charts patty and hector that's where the moon is located And on the monthly time frame the target would be 13412 to 141 to 13 here So hope that helps you out. It does look like you just make that run Thanks much for taking the time to write in and have a Wonderful day yourself. I don't see any other questions so far Um, so uh, although I believe there might be something inside again. SNP is AC can we look at none? Thank you. I am long we can but and we will SNP I'll put the charts up on the screen, but really it's the tds charts Do you want to be looking at This is the uh nugget charts for example when we looked at the gdx you look at the gdx you may recall We could see that price was trading at the top of this daily profile on Well, I guess the nugget is same Or closely doing the same thing that's at 3475 3575 is also a Breakdown level, but again, I would focus more on what the gdx is doing versus the uh nugget You've got a next rose communicator bottom for its daily time frame For it's a weekly time frame. We don't have to confirm that. It's an a to b equal cd outside That that says it should add or that does not mean that that's where So your level SNP I suppose is going to be 3475 and if price get above that The next battle is going to be on the week the offset from chains on 3603 If price get above that and it talks about our suggesting price moving further Not further higher further higher, but you love that grammar out there There would further higher piece to be if that was actually Well, that would be 44 dollars and 18 cents. So 3475 is the line to say it That's where your battle is uh gone and I would really pay attention to gdx Versus and you just uh, that's where I found that Helpful to you. So hope that helps about and uh, thanks so much for the uh request of um Just looking to see okay that one here from from dan it looks like hey, how about aq st So dan, let's get that aq st Thanks for uh, I really do appreciate its help. It's a it's, you know, a slightly convoluted show today So getting these requests just had to be centered focus course. It also tells you I don't really pay attention to clock Uh, which is how I just kind of run through. Okay. So I take a look at aq st yesterday had a stellar day and what I did was it ran into resistance Which was one of the td9 help break down So that was in a buck 22. It was a nice big old shooting star out there. So the question is was that a cell that The easy way to find out is actually draw. So let's draw on the a to b. Well The a to b is going to look like this Right about that simply move that over to the c to d area. So It's going to be an approximation like it's been time to find if I got exact Oh, it looks like it might be that right today. So yes yesterday was a cell Okay, we have that However, does that mean you weren't going to sell that t point today? Well, here's the issues if I know didn't know what sort of a dollar stock out there We could still talk about this this method was a dollar or a hundred dollars. What it is. I will share next Price still close above the top of this daily profile And it's a and when you're above the top of the daily profile, you're above resistance up there So even though you get a cell to keep the topping pattern out there, what you really get is a neutral signal Now what a q st needs to do to truly give it? Tell us that it's on its merry way because it still has a cell the d point That's going to remain in effect until price close above yesterday's high Yesterday's high was a dollar and six Price is trading above the So that looks pretty good. You might get a td9 bottom signal out here in order to do that and you can stand price at Below 40 at the end of the month That's probably not what you want here up there, but that would say we're not going to do a hold So with regard to a q s to the summary um You were looking for long-term persistence We've given you the buck to we gave you the high yesterday's shooting star game about that Next resistance Looks like it would be $1.81 $2.81 is the center chart t9 cal Breakdown area above that 343 409 It's the bottom and center both structured one Out there. So those are your resistance levels then hope that helps you out And thanks so much for the request out there. So we got a couple of minutes to go this segment. You're welcome A couple minutes to go in this segment out here. Oh, it looks like another question coming in Just real band Anyone else in the internet? Uh, yeah, it's not a bandwidth. So in my heart Dave It is a Issue more than anything. So, uh, I gave plenty of Plenty of code and download stuff there, and I apologize for the clipping that's going on. I can't hear it but uh You know it is it is what it is Out there. So let's go to uh, what do you want next out here? I want to I'm going to crawl in a hole. Let's get you I want to let's see if this is saved Pull up by Cash indices out there because what I want to get to you are the levels to be watching observing 4 p.m Why is that because if the s&p 500 will expand out the curve Closes about And we're at 42 right now But the s&p will negate its td That would then signal now there's an a to b Upside the next bearish reversal handle would identify itself a d-point pattern, but sort of that Price target is 3603. That is for the s&p 500 41 86 62 I close about that We're suggesting not to be short if you take a look at the end the x100 all that it needs to do is close above yesterday's The downside that's 13103 80. We're well above that level That is in segment. What price wants to do in 100 let's move up 1516 289 Steady night count breakdown level if you look at the russell It's too great right now. So with the resistance steaming night count and sell the d-point pattern That is at 1959 10 or 1961 close above 1910 Says the russell 2000 wants to make a target run for 22 10 again a td night count Resistance level if you look at the socks out here all the time it needs to do to get back on this merry way It's not take out as high but take out the bottom of that gap. It's at 29 61 32 we're trading above that right now now there is resistance And that's at the 382 38 That's what's going on 177 1250 the gates it's sell the point pattern seabroach with tf and n We're right back to close up the shelf just Vista gold owns and operates the largest undeveloped gold project in australia the mount todd gold project Vista gold just completed their feasibility study resulting in a 7 million ounce gold reserve Vista gold has all major permits approved and has retained civc capital market assistance in evaluating alternatives and in completing an accreted Vista gold trades on the nyse american and tsx under the ticker symbol v gc Vista gold executing a strategy to create shareholder value 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 tf and n dot com The opening call newsletter is written by basal chapman creator of the trading methodology known as the chapman wave The chapman wave up down sequence gives you an edge in identifying price turns Finding the peaks and valleys in stock prices get the opening call newsletter by basal chapman and your inbox every day First time subscribers also get a 30 day money back guarantee If you're not satisfied let us know and you'll get a full refund within 30 days of signing up tf n n dot com educating investors Everything in the universe is governed by the fibonacci sequence This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market To stay on top of stock patterns You can take advantage of sign up for the fibonacci 24 seven newsletter at tf n dot com When you subscribe you'll get a weekly report from veteran day trader larry pesavento on stocks You need to pay attention to and you can trust larry's analysis After all he's got 45 years experience as a day trader larry will also provide daily charts Videos and data on the key markets that he's tracking expect notifications from larry on market movement You need to act on at any time first time subscribers also get a 30 day money back guarantee If you're not satisfied let us know and you'll get a full refund within 30 days of signing up Subscribe to the fibonacci 24 seven newsletter today tf n n dot com educating investors tf n n has launched the tiger's den hosted at discord tf n n has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours the tiger's den Available to all tigers and tigers for just one dollar for the year There's no catch or added costs when you join our community of traders sign up today and become a part of this educational community of traders Just visit the front page of tf n n dot com Welcome back folks. Uh, so this is the last segment Thanks much for uh sticking with me here Even though we've got these sound issues we'll do everything we can to resolve those For tomorrow's show out there right now. You got the dow up 514 s and pf 81 nasaq 143 41 the russell's up 48 points out there And so uh, it looks like the rally's gonna stick But let's go over and take a look at those es mini charts here Just simply to close out the show here for the next couple of minutes And that is by taking look at the so that the best signals are coming from the 60 and the 30 minute time frame out there So, uh, and what I mean by that is we had a td9 count top that is going to confirm At 12 new the pattern will complete at 1 p.m Why do I say that because so far bar number 9 is going to be the highest session But the highest high of that pattern can form on the bar following bar number 9 Now what you want to do here is note that high If you see a close above that coming into 3 o'clock That tells you that the pattern is negated strong momentum move to the upside and the markets continue to move higher We have a looks like we will also have a confirmed td9 count top for the 30 minute time frame chart In both instances price or is in both instances prices Price is above the top of their profiles out there and above their green acid or tans line So even with a td9 count top present the overall signal for the 30 and the 60 minute chart is simply Neutral now I can pull up all the 60 minute time frame charts here We're going to try to do that real quickly and see if each of the 60 minute time frame charts have td9 counts If they do that would be more of a signal to prepare for some type of retracement out here and while a lot the answer is They do Or they appear to so just looking at the nq and the nq needs to spike above 13 375 and 13 Yeah, okay So yeah, you've got td9 count patterns that are present for all of these and that suggests a retracement Typically those retracements will take us back Towards the oscillator and change lines out there so you can see those on the screen Folks again. Thanks much for being here. We'll try to have a cleaner show tomorrow Have a wonderful wednesday and we'll try to see you and speak to you clearly on terrific thursday. Take care