 The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes. Toll free at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good afternoon, folks. Welcome to the October 28th. Yep, it is the October 28th. Magnificent Monday 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. Hey, let's have an extraordinary one. Yep, let's have an extraordinary day. And the easiest way to do that, it's to always remember that life is happening before 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 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 circumstance of these markets. We're going to go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I just passed 1 o'clock in the afternoon. I want you to know that I'm absolutely grateful for your presence here, but much more important than that. During this next 60 minutes, I'm here to serve you. So feel free to give us a call at 877-927-6648. If you can't call in, we've got you covered. Let those fingers do the walking. Send me an email, steve at tfn.com inside the subject heading. Please put radio show question in and our Tigers Denny Payne will do. So let's go ahead and get this show started on Magnificent Monday. Of course, this is Tiger, Financial News Network. I'm Steve Rhodes. Welcome to Les Show. Right now, we've got all the indices in the green, including the spot volatility index. It's up 30 cents trading at $12.95. Hmm, something to think about. You've got the Dow up 87. The S&P's up 16. The S&P's up about a half a percent. The index 100, nearly one full percentage point. Trading out at $8104. Russell's up 1%. The Semi is up 1.5%. Trading out at $1674. That's up 26 bucks. Gold's off 10. Silver off nickel. Lights we'd crude down about 79 cents. Natural gas up. Natural gas is up 10. The 30-year bond is up about a full point. Lead the charge to the upside. Gold was up $31. Trade down to $12.95. Tiffany's up 30 bucks. Sanderson's Farms up 19. Spotify 16. Things to look at to the upside. To the downside, it is Chipotle off 14 bucks. Dorman Products is off 8. Blueprint Medicines down 8. Wayfarer down 7 to 40. So my mic sounds distant. That's a bummer. Yeah, it's this new machine, this new setup here. So hopefully you guys can hear me okay. Sorry for the distant sound on the mic. But lots to do here to set this new little puppy up. During the break, guys in the studio, let's try to mess around with it. Okay, good enough for you guys, Tucker and Mark. I can hear a difference too, even inside my ears. But I can't hear that well. Okay, so let's just keep it rolling. So let's go to our first question. First question coming in from Tim M. Tim writes in, hey, Steve, hope you had a great weekend. I did. Hope you did as well. Would you like to, would you please look at crude oil from the daily timeframe? So let's go take a look at crude oil. Let's put this chart up here, only because I can see a couple things that Tim is mentioning. So Tim goes on to say, I'm long via USO from a certain price point, Friday's close, and the crude contract close, to the tick of the top of the ATAS daily profile, as well as completing a TD9 count, plus one day. So what we're going to do is we're going to share with Tim that that's not exactly the case, at least with regard to the TD9 count. So the question's more upside, time to ring the register, and let's know where key support is, and so forth. So Tim, first of all, today is, or could be, day number seven of a TD set up 9 count out here. So we take a look at this chart. First of all, you're absolutely correct. Price did hit, resistance, which is the top of the profile out there, 56.93. I did that here this morning. At least the profile levels on my white background charts, coming from Ninja Trader, sometimes the e-signal profiles are slightly different, but we're just going to go with this for the moment out here. And so price and resistance. Now that doesn't mean sell necessarily. It means it is a price target where somebody could take money off the table, but hitting resistance just means it's kind of like, you know, many folks out there, Tim, I don't know if you've had this, I don't know if you're an athlete, or you don't have to be an athlete. It's just kind of the easiest thing for me is, you know, when you're playing sports, no matter what it is, could be baseball, could be tennis, could be golf, could be bowling, whatever, you kind of get to a threshold of less resistance. And it's just the universe testing you to see if you really want to bust through it. Now we don't know if price is going to bust through resistance here in LightSuite Crude and up, but stopping in that area and pulling back is nothing unusual out here. You don't have a topping pattern, per se, other than resistance. So as I mentioned, today could be bar number seven of a TD setup night count, but that means that today's close is above bar number three. Visually looking on my screen, that looks like that is going to occur. Now in the TD setup night count pattern, Tim, you're taking a look at each day's close. You're comparing it to the close of four bars earlier. You have to have nine consecutive bars out there. So you're bar number one, just watch us on Tiger TV or catch the archive of this, which I'm sure will be posted in an hour or so, and you'll see that we're in day number seven. So no top. I do want to go ahead and be able to put the top to charts not coming through. That's a real problem. Hmm. Wow. Okay. I don't know what to do there. We'll try to get all these things fixed here. That would be a real bummer if you can't see my chart. In any event, I'm just going to have to keep going here with the flow. So you don't have bar number seven or you don't have a TD setup night count. Let me just take a look at LightSuite Crude here. You were looking for support and resistance. So you have the profiles, but the first level of support on the way down would be 5465. That is Stevie's red line out there. That would be natural for price to pull back to that level of support. Hopefully test it and reject it for you. Let's come over here. Take a look at this set of charts. Boy, those are small numbers. So now we've got the 4K monitors out here. Of course, when I tell you, if you saw my office in the room here, you would be like, get the willies out there. But here we do have, I've got the willies, so to speak. You can see there is a new profile that is attempting to form. All these things are saying monthly, but it's not monthly. So Tim, there is a new profile that is attempting to form. Now this is using, just went away. You can see the color of the bar is orange. So there's a new set of profiles that are attempting to form out here that will provide you and I with some new, should provide you and I with some new support and resistance levels tomorrow. But they're not in place right now. Your question was, is it time to get out? I don't know what your outcome was when you got into the trade. The only thing I can say is you had this picked up as price hit resistance. We can't see a slightly different profile level here using the eSignal set of profiles which is totally fine. And at this stage here, you haven't taken profits. I don't see the reason to do that just yet. So Tim, I hope that helps you out and hope that helps you out with regard to the TD set of nine count for LightSuite crude on the daily timeframe. We'll be right back. If you're not currently using the Taz Profile Scanner when looking at setting up your trading opportunities, then your arsenal is short a mighty weapon. The Taz Profile Scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks, ETFs, commodity futures and forex. Headed by Steve Dahl, Taz understands that in today's technological world, the use of top flight software applications and technical analysis expertise is essential to successful trading in today's market. You also gain access to the webinar that Steve Dahl and Tom O'Brien just hosted with the best way to use the Taz Profile Scanner to profit. This webinar archive is available for all subscribers immediately upon signing up. 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Check out the new TFNN.com now and check out all the updates TFNN.com Educating investors call now toll free at 1-877-927-6648 internationally at 727-873-7618 Welcome back folks so hey I'm going to try to do this because I do want I want you know I certainly wanted Tim to be able to see the chart and so we're trying to get this resolved I don't think we'll get it all resolved here well that's not good that's okay now we're going to make it good so I'm just going to post charts individually out here for the moment that way and let's see if this works a little bit better for you so inside the Tiger's Den you might have to do something different but this should now be my chart for Lightsweed Crude and the guys we were able to post that in the Tiger TV that way Tim has got access to it so we're taking a look at that I had mentioned before earlier I see when you upgrade like this it's supposed to be things that are supposed to be better not worse that's okay we're just going to work through the hump see I'm going to go ahead and actually post the daily timeframe chart here the e-signal background chart it's got the profiles out there see those two of you right didn't get anything yet on your end so that's a problem so I'm posting these things real bummer out there wow that's a real bummer I can see what you guys are getting is not good well folks so I've got some work to do here so what I'm going to do is my best job to kind of explain to you what's going on and my apologies that you cannot see the charts well that one sort of posted no that's not working either wow what a bummer what a bummer what a bummer okay well so be it and yeah Peter says I guess kind of like a kid on Christmas day when you don't have the batteries so to speak so Tim what I'm going to do is I will find a way to get a copy of that daily chart for lights we crude and I'll email to you that way you've got that and you won't get that dizzying for all of you watching on Tiger TV my apologies and inside Dennis well but we'll get these things figured out here over the course of the next couple of days hopefully sooner than that so let me go to my second question out here second question and please keep them coming now it's really going to be easier okay so Tim so Tim's got it he's listening so that's great and Robert writes in a Robert basically says that he would like to go along natural gas via UNG and what are the patterns look like right now of course I'm paraphrasing that question out here but if we take a look at natural gas and I know you can't take a look at the same chart that I am my apology for that no idea why out here and you do have natural gas trading above the top of its daily profile out there and it does look like what the and I'm looking at the November natural gas contract here Robert it looks like the natural gas is on its way up to the $2.63 area $2.63 is going to be the high from the trading session September 19 so with regard to your UNG trade I would use the high of September 19 as your price target just your target it's really going to be should natural gas get up to that level regardless of what the UNG is trading at that stage that is when natural gas will hit its next area of resistance assuming that it continues to close above the top of its daily profile out there now even though you can't see it out here I want to go take a look at another set of charts out here my black background charts I just want to see what the profiles look like there so if you'd be kind enough to give me a break here we go and by the way natural gas trading out of $2.39 out here and then when I take a look at my other profiles I don't have any other levels of resistance for you and I to take a look at so your question was you know should you go ahead and enter that trade now this is going to be really cool because I was going to show you this new set of charts that I put together for you and now nobody can see it but I'm just going to try to explain to you so remember how we take a look at the different time frame charts out there folks and you and I we we look for support and resistance and that's certainly something that Robert here is looking for oftentimes you and I just take a look at a 30 minute time frame we take a look at the TD set up nine counts out there we try to understand where is it that price would find support in the case of the natural gas contract right now and in the future I'll certainly be able to show you this but what I have is one chart and on one chart it shows us a 30 a 60 in a two hour time frame and that same set of charts shows the support resistance levels those TD nine levels out there for those three time frames as well as the current count that is in place as we speak so I don't have a topping signal per se for the 30 60 or the 120 minute time frame natural gas has pulled back out here and so what I would suggest is is trying to buy this on a retracement the problem is going to be Robert is trying to time a short-term pullback which may occur not during market hours out there but UNG has had a nice run today I would I would just still be patient and look to buy some pullback versus getting into it just just at the moment out here so the price on natural gas if we were to pull back is in that 230 area and it's 2.33 that is the top of the daily box out there so my suggestion would be try to try to buy a pullback out here try to see if natural gas will pull back into either that level that's that 233 let me see where Stevie's red line is that it's actually even less than that it's about 230 so I think that would be your ideal pullback unless we see some type of bottoming pattern to TD9 counter something for 30 minute or 60 minute time frame out there Robert I think you know how to how to do those counts so I would just get that intraday time frame out there for the natural gas contract and watch to see if those patterns unfold out there so those are the questions that we have at the moment would certainly love to hear from oh I got another one here Bill writes in oh the mic sounds good loud and clear all right well that's good nothing like and we got Tom G okay where we go okay yeah keep these cards and lenders coming if you would so Tom G haven't heard from Tom for a while Tom nice to hear from you I entered a long trade on the TVIX I'd like to hear your opinion on VXX short term so if I take a look at the spot volatility index and I mentioned earlier that it is trading a bit higher when I say a bit higher it's trading out at 1545 it's up I take that back it's trading at 1297 it's up 32 pennies and you have the S&P futures up 17 nearly 18 points right now so a bit unusual so we do have a rising VIXX pattern that is out here you know ideally Tom what we would see would be some type of pattern out here so your TVIX let me see here TVIX just to get my head wrapped around it is that going along the VIXX I believe it is I just want to make sure that it is going along the VIXX pull this back here a bit and yeah so the I believe that it is TVIX would be going along the spot would be going along well not the spot volatility it would be the two contracts that are inside that ETF or ETN at this is an ETN out there at this stage of the game so here's what I would like to see what you're looking for is an actual top inside of the ES mini here and so if we take a look at the ES mini it did form a top a 30 minute time frame it did form a top at a nine count top I should say at 11 o'clock this morning and here's what I would here was what I would be looking for it does appear to me at this stage here look let's come back from this breakout here I'm going to talk to the guys in the studio see if there's any way that we can get these charts fired up here so that you can take a look at it Tom can take a look at it and see what I'm actually looking at we'll be right back it's the most common trait that we tigers and tigers share if you're looking to become the best 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Think or Swim banner on the front page of TFNN.com give me the hot sign you're welcome folks so we are still trying to come up with some solutions here and there should be a chart right now just showing the actually showing the continuous contract for the NQ and it's actually showing looks like the daily horizontal trading ranges out there with the next one from a daily perspective you know it's a monthly timeframe is $81.44 we're trading at $81.14 so that's an area of resistance out there but so I want to get back to Tom's question and so in the case of Tom's question here what I was really trying to show and maybe this will show up a you guys in the den somebody give me some some high signs if you see something this is just a single chart it's a 30 minute time frame chart for the ES mini and so Tom what this was what I wanted to show you on this chart was at least from a short term standpoint we have we do have a valid topping pattern inside the ES mini and so not until price were to close above $30.42.75 if price moves above $30.42.75 you should see the spot volatility next move lower out here that's the theory behind it remember doesn't always work that way because those vehicles that you're trading are really the futures contracts which I would put up on my screen right now but but I'm not going to do that you guys can't see it and I don't I'd have to spend a little bit of time developing that so you're looking for the spot but in summary what Tom is trying to do is he's trying to play this assuming that the S&P 500 is at a significant high and therefore the spot volatility should continue to move higher out there I'd say you'd be off to a decent start and on a short term basis but what what's really required when you get a topping pattern out here what's really required is that's the opportunity in this case here topping pattern for sellers to show us what kind of strength they have inside the move and so the strength would be to push things down to support well support just so you know Tom on a 30 minute chart for the ES mini there are two levels right now 3031 that's the bottom it's 30 minute box and then 3025 that is its breakout level and those are the levels that you need to see the in theory the ES mini close below in order to suggest that there may be a change in trend at least on a short term basis that's using a 30 minute time frame chart out there so you know you're asking me what do I think I think that we don't have any kind of on a daily chart I sure wish you guys could see this chart out here it's a beautiful chart we don't have in the daily time frame for the ES minis any kind of topping signal so to get it on a short term basis and pull back which it is the ES mini has pulled back hasn't even gotten down to a level of support out here I'd be very hesitant to get too tied into your trade out there and going along the spot ball or going along those VIX products out here in essence what the ES mini is communicating to you and I straight out at 3037 and one possibility Tom is that there's an A to B equal CD to the upside that is underway and if that's the case you're not going to get a lot of traction intraday you can and you're good at those short term timing patterns inside the inside those volatility products out here but right now you and I would look at this chart here we say well one possibility and it's a serious possibility and a likely possibility is what we're seeing as the ES mini going ahead and making an A B equal CD pattern to the upside we're trading at 3038 the first price target the one to one takes you to 30105 now how are we going to know if price is actually going to make that move well one thing that you want to be able to do Tom is take a look at those task market profiles now I'm going to do that for you and you're going to pay attention to the level now the level you're going to pay attention to is 3032 and a quarter that's about six points north of where we're trading right now the reason that you're looking at that is because that is the top of the weekly profile so I don't know what the market's going to look like today at four o'clock or a little bit later when the ES mini contract closes but if for some reason it does close below 3032 then you've got a level of resistance of 3032 then that's really suggesting to you and I a likely possibility of that larger outcome at a to b equal CD pattern to the upside out there so that in essence is what I'd be watching now you can't see my charts unfortunately but this chart here is our four quadrant charts I know that Peter Jay likes to look at this there are no new profiles out there I know that was a question earlier what the NQ is doing the NQ is trading up to 80231 now just be and it's only in wave number five to the upside I'm assuming that Basil cover those during his shows out there but just because I give you a price target of 80231 that doesn't mean that's where the A to B is at the top of its weekly profile the NQ as well has an A to B then therefore as long as price stays above 8071 then what the NQ has is an A to B equal CD pattern to the upside inside the NQ has to stop it can easily go ahead make 1.272 expansion which is 8437 so in essence when we take a look at the NQ out here the NQ is busting out of resistance areas busting out of resistance areas I'm going to go back to so I can take a look at the chart that I tried to put up on the screen earlier this was taking a look at our horizontal trading ranges for the NQ and it's a monthly timeframe chart out here although it does have the daily let me actually let me try to modify this chart here on the fly let me get rid of the daily timeframes let me see there's the weekly so here I want to take a look at here's our weekly horizontal training ranges so these are especially helpful because they are especially helpful when we are above resistance right when we're above resistance we're in between maybe an A to B to the upside we're trying to figure out where else is there some kind of pothole is there a pothole that is out here and inside the NQ that pothole so to speak and I mentioned the number earlier that might have been the daily number the weekly number is 8141 and we're at 812 so for all intents and purposes that's a number that we can get to and if you see a close above that that says that it wants to continue moving higher it's next horizontal trading range for a weekly perspective would be 8491 so and what I don't have out here let me see what I let me see what I do and I don't have if I look at the NQ 30 minute chart if only you could see this we'll get this figured out so that you can no topping pattern whatsoever so whereas the ES mini is on a date on a on a 30 minute basis on a 16 minute basis it's slightly different it does have it is in bar the bar following bar number nine of a TD set up the nine count so you want to watch as closely the reason is is that if you continue so this is a 16 minute chart that means that the current candle session is going to close at one at 2pm if at 3pm 4pm there's a higher high when I say higher I'm going to give you that number out here it's a new mouse let me see how this works all right it's not working well I'm going to have to learn how to use this mouse oh you saw the gun should have been simple there we go so if this trades above 81 21 50 81 21 50 what you'll know is that this nine count pattern did slow down price it just tells you of strong momentum fact less on an hourly basis took place at last night's open and price just moved sideways that was it just sideways and then went ahead and took off this morning so Steve Rhodes with TFNN I will be right back hey I'd love to hear from you I want to answer your questions and I'd love to show you visually what the charts are doing but we'll get that figured out we'll be right back if you're in the CD market and looking for a secure investment the Tiger first mortgage program may work for you 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S&P is up 17 points right now and that's what you see on your screens out there and so I'm just going to go back and since I don't have any other questions that are in right now I'm just going to go back here and share a couple of those screens for everybody so Tom here's the ESMini you can see the TD set up 9 count for a 30 minute time frame but you're going to see you're not going to see the task profiles but you're going to see breakout support areas out here and you'll see that they're at 3025 really in 3000 so in order for your trade to work out from a longer term standpoint you may be just trading it for an hour or two I don't know you really need to see it close below 3025 out there and if you see the market the ESMini specifically take out the highs take out the highs of the day so far then at that stage I'd have to say you're on the wrong side of that trade and so it's working on Tiger TV now okay not in the den thanks Peter for Trader Joe for letting us know that so yeah folks go do what you'd like but take a look at Tiger TV to grab that screen but they'll work on it in the background let's try to figure it out and so here was the ESMini and so if prices and above those resistance levels you can see the A to B equal CD pattern you can see the one to one at 3105 this is in this leg here the CD leg out here it is in wave number 6 that's letter F it's only in the TD setup bar number 3 out here possibly if we get to wave number 7 or letter G which the earliest would be Wednesday I'm not saying it happens on Wednesday I'm saying that's the earliest that it could happen out here it could be a topping signal but so right now we really you know you got the short termer out there but I wouldn't I wouldn't get married I would not get married to that trade just yet now look folks we're up at these resistance levels so certainly something could fail to create a failure out there and the only signal that I have that suggests that is still a possibility out here is it taking a look at this chart now this chart that is up on our screen at least on Tiger TV is the New York Stock Exchange and and that's the top panel of the screen the center panel is the Advanced Decline Oscillator Peter and Park Sutter he likes to take a look at this and what you can see in the center right hand side Peter what you'll notice that the Advanced Decline Oscillator is not making a higher high it's actually a lower lower versus Friday out there and we have to have the New York Stock Exchange at a higher closing high and that type of divergence where price is going higher and the Advanced Decline Oscillator is moving lower tells us of at least a retracement now it gets it moves from a retracement to something more major than that typically if that Advanced Decline Oscillator line gets below zero it's at 65 right now it really things start getting rocking and rolling to the downside New York Stock Exchange wise when the Advanced Decline Oscillator is below zero combined with the spot volatility next that is above its 50 day which right now is priced at 1573 so this is the only chart out here and I kind of segue into this for Tom's behalf because he's looking at trade looking at the spot volatility next moving higher and to do that it means we really have to see some type of topping signals in the market whereas I don't have them in the EES specifically which is impacting his trade out there I also don't have it in the NQ and so we'll watch this but I think this is not used so much as a timing tool instead it's used as a tool to warn us of an impending short term type top out there but it really needs to go along with other patterns that we would take a look at so we're out there I've answered those questions I believe all lights we crewed I can go ahead and post this here that'll be easier because it's going to be complicated for me to copy this chart and set it up to Tim anyways but here Tim you can take a look at the TD counts out there you can see Friday was bar number 6 today should be bar number 7 as long as it close above the close from bar number 3 that would be 4 days ago out here and then the natural gas one for Robert so here's your natural gas contract you can see prices above the top of that profile out there you'll see Stevie's red line at 230 here for Robert this was one of the tools that I was referring to just to make it easy for you and I to have the information we need in a condensed time period and that is where here we've got three different time frame charts now this is especially important when you're looking at changes in trend either to the upside or to the downside in this case here the red lines are support breakout support the green lines are resistant so what you can see is that natural gas when it opened gapped up above resistance on a 30 minute basis that was a green line it gapped up above resistance on the 60 minute basis and so for those two time frames it's suggesting that we've got a change in trend for those time frames we would use those time frames to continue to monitor those charts to try to identify some type of top or bottom out here but again what you'll see Robert is no real pattern that I like to use to help us identify a top inside the natural gas contract and so we're hoping you're hoping for a pullback to one of these areas but I don't have is some type of pattern to say yeah go ahead and pull the trigger right now okay so we've gotten that taken care about there so let's go take a look at some other things that are moving in the market so this is not a total repetitive show let's take a look at gold as an example so you know each of you know that Stevie believes that the charts here are very bearish with regard to gold and in fact that nothing could have been more bearish than Friday's price action out there you know Tom always likes to say can't hold price well in this case here with regard to gold it cannot hold price and what it did was it rejected the top of that daily box out there at 1509 and there's a trend line that we can draw from the price out here it rejected that as well but what gold hasn't done it hasn't busted through support and it really needs to close below 1482 40 that's the bottom of its current profile out there if things are going to get rocking and rolling to the downside so let's go to our first caller out there that's Ray in Sarasota Ray thanks for calling thanks for holding how are you today hmm Ray do we have Ray okay great you wanted to take a look at Yamana gold I believe a you why is the ticker symbol tell me what you're doing how I can help you so here's what we know if you can wait through this break but just to hopefully you can watch us on Tiger TV and if you can you're going to see that what price did last week is it hit resistance the bottom of its daily profile that was $3.69 that and so we get back from this break let's go take look I'm not sure that that is actually the daily profile I'll get this all straight now we come back and we will take a look at Yamana gold with Ray in Sarasota since 1984 Basil Chapman has been using the Chapman Wave methodology to advise traders of his expert market opinion while originally hand drawing charts from the late 1970s into the 1980s Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply later Basil found that computer software which included the standard market technical indicators enhanced the degree of accuracy in calling price turns as well as market trend calls thus was born the Chapman Wave sequence using the Chapman Wave methodology along with other indicators Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter right now you can get a two week free trial to the opening call Basil's daily trading newsletter by visiting the front page of TFNN.com cancel it at any time during that trial and pay absolutely nothing get your two week free trial to Basil's newsletter the opening call today by visiting TFNN.com if you're a trader in the market looking for exposure to gold or gold mining equities then now is a perfect time to sign up for Tom O'Brien's gold report the summer is over gold is trading back above fifteen hundred dollars and the ten year treasury is hovering at around one point five percent Tom O'Brien has been writing his weekly gold report for almost eighteen years there's no one that knows more about how the gold market trades and how gold mining equities react new subscribers get a thirty day money back guarantee so you have nothing to lose every Monday morning Tom publishes his weekly gold report with coverage of gold silver bonds the XAU HUI GDX the dollar as well as more than thirty different mining equities as of September third gold report subscribers have five active open positions with an increased profit of almost thirty eight percent for each position to see for yourself the types of profitable trades that are recommended within the gold report sign up today by visiting TFNN.com we need to stay healthy and strong that's why we need primal edge daily nutrition it includes a special blend of ionic soil based vitamins minerals fatty and amino acids in an easy to use liquid form primal edge is powered by highly concentrated folic and humic acids nature's preferred delivery system they've been called miracle molecules because like sunlight air and water life cannot exist without them that's right Paige they ensure we receive all the nutrition we need to be healthy and thrive every morning primal edge formulated and approved by Nico and Paige of living a primal lifestyle buy it today for just eighty nine dollars click on the primal edge banner on the front page of TFNN.com this is David White stay tuned because coming up next is the power trading hour right here on TFNN folks we're on the line with Ray so Ray during that break was able to straighten my charts out for us so now when you do watch on the chart on the left hand side is the daily the center chart is the weekly timeframe the one on the right is the monthly timeframe but what we're looking at here are market profiles so one thing I'm just going to point out to our listeners I'm sure you're well aware of this is that is that Yamada Gold has been really trading sideways every for the last three years and when I take a look at sideways I'm looking at the monthly set of profiles in the monthly profile that formed last time monthly profile formed in Yamada Gold was September of 2016 in the bottom of that box where price is trading below the last three months we have seen Yamada Gold try to take out that level of resistance it should have been support out here and that was the number that I had given you as we were going to break which was $3.69 and I would say that you have sold this you took off half your profit something like that or half your position okay okay so you're up at resistance that it has not been able to close above on a monthly basis it's October 28th for three solid years out there and that is where resistance is at and I can't tell you why I just know that it's clear as as as anything and so you know whether I don't have any signals of a top let's say I can't share with you that Yamada Gold is moving higher doing a less relative energy if there were a bearish reversal candle that would form this would suggest that price is going to pull back you know so we know that that's the daily timeframe so we've got these daily topping signals so to speak nothing confirmed right now and we know that prices up at a resistance level that it has not been able to take out for three solid years so I just say be careful last couple years it's been somewhat decent to trade perfect hey we're going to the show is over my apology thanks so much for for calling in good to hear from you and have a great day you do as well folks out there and we'll try to get all these problems resolved by tomorrow's show take care have a great Monday