 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 August 3rd, the wonderful Wednesday edition of today's Trader's Edge Show. I'm your host, Steve E. Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. Let's make sure we have an extraordinary one. And the easiest way to do that, well, it's to always remember that life is happening for us, not to us. That's right. When you and I make that one little two-by-four shift, well, it means we can find the gift. In every set of circumstance, that life is going to toss at us. Now, today you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past one o'clock in the afternoon. I do want you to know I'm absolutely grateful for your presence here. But more important than that, and that's this. During this next 60 minutes, I'm here to serve you. So feel free to pick up that phone. You can dial on an 877-927-6648. Now, if you can't dial in, we've got you covered there, too. You can always send me an email. Send it to Steve at tfn.com. And inside the subject heading, if you would be kind enough to put radio show question. Of course, inside our Tigers and, well, any in every ping, we'll do. So let's go ahead and get this show started on wonderful Wednesday. Of course, this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to the show right now. You get all the U.S. and C's trading in the upside. Dow is up 448, 1-4-10%, 1-6-10 for the S&P or 67 points. NASDAQ, 2-7-10% or 351 points. Russell's up 1-3-10, 25 points there. The semis are up 62. That's all over 2%. 1-45 for the trend is that's 1% to the upside. Gold's trading out at 1776. That's back 13 bucks or 7-10. Silver's off 1%, 21 cents. Trade out at $1992. Light's recruit is off 329. She's testing resistance, 9-1-13 is the print there. Natural gas up 3 pennies, 7-7-4 into 30 Treasury. Trading out at 1-4-2-14. That is back 17 ticks. Lead the charge. Dollar-wise, the upside. You got that. El Nilem Pharmaceuticals up 58 bucks or 41%. Mercado Libre up 51 bucks. 6% regenerate up 38 bucks or 6%. MicroStrategy up 14% or 39 bucks. Moderna up 26 bucks, 16% there. To the downside, Solar Edge Technologies up 62 bucks. MicroSectors, U.S. Big Oil, that's Charles River Labs up 22. All the beauty down 18. Steris is off 18. Horizon Therapeutics down 17. So we certainly have some movers and some shakers out there. But let's go take a look at what's going on in the markets. First, let's go take a look at our equity future contracts out here. Here we've got the daily timeframe. What you should notice is that there are some new profiles. They did form. Those new profiles are on the ES, upper left, Dow, lower left, Russell 2000, lower right. The NQ has not generated a new profile. Now the profile for the ES and YM formed below price. That is a bullish message out there. We're up above the highs inside the ES mini. We are not above the highs inside the Dow. Those highs took place two days ago. That suggests what the ES mini wants to do is go target its next price projection level on its C to D leg. That would take us into the 42.26 area. If we take a look at the NQ, strong like bull. It's gotten over the highs from back here in, when was it in June? And now it's targeting the highs in the May timeframe out here. So you've got no topping signal. You've got the A to B equal CD pattern. We had a two-day knee jerk reaction bottom that formed here for each of these equity future contracts out there. That is a signal of a strong bull market. That ain't no bull out there. So next price target, well, it's really already gotten to it, 13, 282. That's 1.618. A to B equal CD. The next area to target is 13, 738. Of course, we have to look at the weekly profiles out there. I believe price is trading into a bearish structured weekly profile. But from the daily standpoint, no resistance. Likewise, inside the Dow, other than the high from two days ago, and the price again above that, its next price projection level takes it at 33, 713. The Russell 2000 also generated a new profile. Now, the top of that profile is at 1892.46. We're trading at 1910. So formed yesterday, that has not acted really well as resistance. In fact, the price closes above that 1892.46 level. That's also telling us about a strong move to the upside. Now, the 1.618 extension. That's the CDD extension. We'll give us a price target of 1930. As we take a look at the weekly profiles out here, and the weekly profiles, what we'll see is that the NQ is above the top of its bearish structured weekly profile, but running right into descending trendline resistance. Now, I'm not saying that this is where the rally is going to stop. It could, but we'll want to watch that trendline resistance. You'll want to put that down on your charts out there and watch that level. As far as the ESMini, before it can get up to trendline and profile resistance, that move would take us to 43.55. In the case of the Dow Equity Future Contract, that same or similar move would take us to 33.935. In the Russell 2000, it's testing the third fan of its descending trendline out there. Price can clear this area. We're at about 1910 right now. 1944 would be the next move. And then above that, you'd be looking at 2066. Now, let's go spend a little time and take a look at the multi-panel time frame charts here for the NQ and the ESMini. See if we get any kind of feel for what's going on as we take a look at these multiple time frames. So we're going to change screens here. Momentarily, you'll see eight different white background screen. The left one, upper left is the monthly time frame. Monthly time frame shows that the close below its breakout level of 12209. 75 was a one hit wonder, only one bar below that. This suggests that price could go target the 14697 level. So if price takes out that descending trendline, that would be a price target to the upside. Another price target to the upside, a price can take out that trendline. I've got different trendlines drawn on the NQ, the consolidated contract, or the... You can see the trendline. If price takes out that trendline, another price target there is the... That was a continuous contract. Just had a little brain fart there. Sorry for the smell of that brain fart, by the way. But that would take us to 14412. That would be another target. If, in fact, the NQ can get over that descending trendline out there. The daily time frame, no topping signal. Today's going to become bar number six, as if we were going to get a TD9 count pattern, that the earliest that that would form would be... Well, you could get a bar number eight on Friday. So it would be between Friday and Tuesday. Speaking of bar number eight, that is what is in place right now, or being... Well, let me see here. Hold on a second here, Stevie. Let me just hit the update key. And did we get to bar number eight just yet? We have not. But if price can close, well, we are forming bar number eight. It just needs to get above in order to potentially give us a TD9 count out for the 30-minute time frame. We need to spike above 1327650. That probably will only be a few moments from now. If we take a look at the 60-minute time frame chart, so this says by two o'clock, this is going to complete a TD9 count top. Bar number eight on the 120-minute time frame, that's going to complete at 2 p.m. That says 4 p.m. is when bar number nine would complete out there. So that is suggesting even if the 60-minute NQ gives us a TD9 count top and the market responds, not expecting a gigantic rug pole out there. Not that you can't get it, but not really expecting that. Now, where price would pull back to on these TD9 counts should, in fact, they unfold. You'd have to say 13168 to 13113 would be price levels to pay attention to. Those are the only signals that I see at the moment here that could signal at least a short-term top. Steve Rhodes with TFNN will be back in just a few. Time of booming inflation. We are purchasing powers eroded. There's no better place to protect your harder and money-thinning gold. This is the gold's 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 tier-one mining district. This is a large-scale, low-cost project with significant existing infrastructure and a politically safe and friendly mining jurisdiction. This, the gold just completed the Monk Todd Feasibility Study, which resulted in a 7 million-ounce gold reserve and a 16-year mine life. All of this, combined with the approvals of all major operational, as well as environmental permits. This distinguishes Monk Todd as an attractive, devious pot, ready-development stage gold project. This, the gold trades on the New York Stock Exchange under the symbol VGZ. 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 in his Mastering Probability newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's Market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 Days Risk-Free Today. TFNN Educating Investors. 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 market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared 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. Welcome back, folks. We've got the Dow up 426. S&P's up 65. NASDAQ 100, 354 to the upside. We're going to go take a look at the currency pair. This is for Peter from Park City inside the Tigers Den. So, Peter, now the only chart here that's not updating, I'd have to change data feeds and I'll do that during the show out here is the U.S. Dollar Index out there. So, that is, we can talk about that as well, but let's go start with the Euro. So, the Euro formed a nice roadside to the indicator bottom, which has basically led to a sideways move. That sideways move over the last couple of weeks out here. Price is still holding today. It's actually testing that red oscillator and change line. We've seen a couple different tests there. Peter, if price were to close below 1.01, that's going to suggest a run back at the recent lows out there that roads meant to be to the indicator bottom. Otherwise, the Euro is just in this little sideways consolidation from about the 1.01 level to 1.00, almost up to 1.03, just below that area. You got a nice TD9 count bottom that formed inside the Japanese Yen. That suggests that price will target oscillator and change line. That's at 1.35, 85. Now, don't quote me right to the tick out there because that number is going to go up and down, but that's your general range. 1.35, 85 should be where it targets. Now, if price can close above that, Peter, that signal would tell us that price is going to make a run for the 1.38, 87 level. That is the TD9 count breakdown resistance area. The Great British Pound formed a TD9 count. No, it did not form a TD9 count up. It was trying to, and it lasted for basically a day or just a few moments out there. This is really a strong momentum movement. Right now, the Great British Pound, Peter, is trading below resistance. That's at 1.233. That's a TD9 count breakdown level. And above its oscillator and change at 1.20 and above its breakout level of 1.18. That's really trading in a range out here. As far as what its next move is likely to be hard to say, but wouldn't be surprised to see it get down and test that oscillator and change line, but it doesn't really have to. When I say it doesn't have to, we don't have the topping signal to suggest that that would be the outcome. The Looney out there, the Looney has confirmed a TD9 count bottom. Again, when you confirm a top or bottom, what we typically will see is price make its way to that oscillator and change line. It's one of the reasons you want to go ahead and learn about that tool and get that tool or apply to your church if you can. Here, we can see that the Canadian dollar, Looney has gotten up to the 1.28 level. Price can close above that, Peter. That's going to signal move up to 1.30. That's a TD9 count breakdown area. If we take a look at the Swedish corona out there, what we can see is what? Not a lot. This is just trading supporters at that 10.03 and resistance at 10.29. When it comes to the Swiss franc, the Swiss franc had negated its TD9 count bottoms. I never got a bottoming pattern from that. Now, maybe there was an A to B equal CD pattern out there. Do I see one? I see an A to B equal CD, but I don't see one that was complete. Okay, doesn't matter. Actually, did it hold this TD9 count bottom? Oh, that's what it was doing. So, Peter, if we take a look at the TD9 count pattern that formed on June 29, it was the bar following bar number nine. That low was the support area, and that's what price was testing. Now, with price above a red oscillator and change line, I don't know where the Swiss franc will close today, but if it does close above 0.96062, that suggests they further move higher and possibly up to the TD9 count breakdown area at 0.9841. So, I hope that helps you all with regard to the currencies. The US dollar index did form a brand new profile. That profile is between the support range is at 105.63. When I say support, I'm referring to the bottom of the profile. The top is at the 106.82 area. So, thanks for the request. I hope that helps you out and have a wonderful Wednesday. The next request coming in from Tim M, Tim writes in, I want to take like a ticker symbol, PRVA. So, let's get over to our set of charts that we can look at for that. And what Tim is looking for is an entry point. So, we take like a PRVA. We can see that it's weekly timeframe chart is in the process of negating its TD9 count top. Let's expand this out here. So, if price closes on Friday above the high of bar number, in this case here it's bar number nine, that high is 37.78 or 38.72. A close above 37.78 on Friday, Tim is going to suggest to move up to 46.89. Now, I know you're asking for an entry point, but I've just got to cover these charts one at a time here. The daily timeframe is taking out a Roadsman to Mindicator topping pattern looks like. So, here's the signal. That took place on the July 21st. And then the confirmation came on July 27th when a bearish engulfing candle formed out there. Now, price has actually closed above that and negated it yesterday. You're only in bar number five out here. This is suggesting a further move higher. Again, we haven't gotten to where's the entry point because we're trying to understand what's going on here. This is nothing but a big huge rally to the upside that looks like it wants to continue to move. So, now I'm asking where is an entry point out here? Wow. So, one entry point, now that price is above the top of its daily profile, one entry point, it's not much below that entry point right now, it's $37.98. The entry point below that would be $36.85 and below that would be the $34.99 level. Now, we don't have anything in place at the moment that suggests that that is what the outcome is going to be. But if you did get a retracement out here, I would understand taking that long position. It's one of those ones where you're going to have to take it, hold your nose and jump into the deep end of the pool out there. It's not the ideal setup. The 65-minute chart, as I look at this little closer, does have a TD-9 count and roadsman to indicator top, but price is above its oscillator and change line. So, it's really a neutral signal there. The 130-minute chart might form, might form a roadsman to indicator top. But again, price is bullish. It's above profiles and a green oscillator and change line. So, back to where's your entry area? Just based upon the 65-minute chart of pricing up below the oscillator and change line, $37.78 would be one area to consider out here. Yeah, that's about all that I've got. So, I think what you really have to do here, Tim, is on the PRVA. Should this thing pull back sometime over the next couple of days? Why don't we re-look at it, reach back out to me? We'll see if there's any kind of bottoming pattern forming on some type of intraday chart, even a 15-minute chart out of your 15 or 30. So, I hope that answered your question. I don't really think it gave you the answer that you were looking for, and that's just simply because it's not present to me at this point. So, I did give you a couple different areas. That would be logical places to begin a position out there. So, I hope that helps you out. The next question coming in from Dan inside the Tiger's Den. Dan wants to go take a look at BTAI. So, let's get, let's do this here. I don't think it's been trading that long, but let me put it up here, BTAI. This is going to take just a few moments to populate. So, what we're going to do is, we're going to switch over to my BTAI, the black background chart. So, let these white ones populate. So, give me a moment to change that screen. So, we wanted to, Dan got into this position a couple of days ago, and at the time that he got into that position, I was noticing that it was two days ago, and price was trading below his swing point with volume. That is August the 1st. The swing point, well, it was really trading below a couple swing points. The swing point that it was trading below was from July 26th. That had 210,000. And then it was taking out this swing below that at 325,000 from July 12th. So, what I wrote inside the Tiger's Den was, be careful of the potential A to B equal CD pattern here to the downside, which would look something like this. Now, what we have is price is now back above the B point. That's at $1489. You're at $1515. Now, of course, it will be at the end of day, Dan, that will want to take a look at that. What happens if price closes back above $1489? I would say the more important level for price to close back above is $1512, the bottom of that daily profile, because price was below it for two consecutive sessions out there. So that's the first place that we want to start, the weekly chart, strong like bull. Why? Because you have a new profile for me that is below price. We'll look at those white background charts for BTAI as soon as we get back from this break. 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 publish the 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.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. 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Get your copy of The Art of Timing the Trade Charts today by visiting TFNN.com 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 in technical market analysis. And it's not just dry, tedious text, either. TFNN airs live financial content and 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. 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. 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. We're taking a ticker symbol, B-T-A-I, that is Bioxyl Therapeutics. This is for Dan inside the Tiger's Den. And if you'd like to learn more about TFNN, Dan, as we take a look at these charts out here, there are a couple things that stick out to me. Probably when I put these charts up on the screen, they stuck out to you as well. The first one is from the Daily Time Frame. The Daily Time Frame shows that today's rally has been nothing more than a test and so far a rejection of that oscillator and change line. That's printed in 1572. Price has gotten up to 1574. So far, this is just a countertrend move. Your price closed above, and I know earlier before we went to the white background charts, but hey, the important level to close above was 1511 or 1513, what did I say, 1512, 1512. Yeah, I take that back now, because now I can see what it's actually doing here. And that's testing the oscillator and change line. Now, if price can close above 1572 today, now it might be 1573 or 74 when it gets up there. Then that would signal and move back to its recent highs, or at least 1616 or 1721. But you really need to see that next. If I look at the 195-minute time frame chart, we really have kind of a similar situation in that price is testing and has been deflected both by the top of its profile and that oscillator and change line out there. If I look at the 130-minute time frame chart, 1557 was the TD9 count breakdown level. Price got to that, and it's moving lower. I'm not saying that it's curtains or anything like that, but you still have that A to B equal CD to the downside where the price projection of 1281, it's confirmed, meaning that you took out a swing point with volume out there. So I still say you should be careful here. But by being careful, what you want to just do first, at least initially, is watch the shorter-term time frame support levels. And in the 15-minute time frame, that's at 1507. 1507 is the bottom of its current profile. On the 30-minute time frame, that level is going to be its green oscillator and change line. That is currently printing at 1506. A close below 1506 is going to suggest to move back to 1441 to 1403. And I don't really see anything else out there other than that. So I do hope that helps you out with regard to what shareholders are doing with BTAI. Now, I love the weekly. It's got a nice roadsman to indicator bottom, and you've got a nice TD9 count bottom on the monthly time frame chart as well. It's the daily that's giving you a bit of a problem. That's where I said, boy, would this be a nice ideal stock for a Gartley buy pattern. That would be the A to B equal CD to the downside. I'll put that chart back up on the screen. Just in case we're fortunate enough to get it out here. It looks like this. Here's the daily chart. We'll expand it out. So that's all that we're looking at. And a Gartley pattern, folks, is basically when you have a move, in this case, you move to the upside that you would like to get in on. What HM Gartley came up with was the HM and I'd say Larry, the A to B equal CD to the downside. Now, if price got down to around 12.81, and then we got a bullish reversal candle, that would be your Gartley buy pattern. But there's a 1 to 1.272 A to B equal CD price projection level, and that's at 11.95 and below that 10.84. Are we guaranteed to get there? Absolutely not. And if price goes above that green oscillator change on the daily time frame, then I say, okay, that move is likely over, but we don't have that just yet. That's what to look for. So for Dan, it's a long-term strategy for you. Perfect. I hope all that information helped you out. Let's go to our next question. This is coming in from LB. LB writes in, he says, hey, Steve, I've got two stocks if you have time. We're going to make the time. The first stock is CTRM. So I believe I got that one started on my three-panel chart. Let's move over to it. Let's change the screens out here. What's that guy talking about? So we don't want to do that, even though I do that, what seems like fairly often these days. So again, the ticker symbol here that we're looking for, for LB, for Lee, is CTRM. CTRM is Castor Maritime, which is traded out at $1.69. You can see an A to B equal CD to the upside. I'll take a look at what that pattern looks like on my other set of charts out here and just simply report back to you where the one-to-one and so forth is. So it's already achieved the one-to-one, which is a buck 72. No bearish reversal candle. So its next price chart would be a buck 80. Above that would be a buck 90. Those are general guidelines. If you look at a weekly time frame chart, what we see out here is that price is trading above the top of its weekly profile. It's 165 Lee. It's only Wednesday, but a close above that on Friday would be a bullish outcome. That bullish outcome will be suggested to move to 250 Lee. So everything looks pretty good. If you were to receive a, oh, I take that back, you did get a confirmed sell the D point pattern. We have big old shooting star that formed out here on July 28th. So you're really neutral price above the top of its profile and above its oscillator and change line, but that is your resistance level. Okay, glad that I took just a closer look at it. So there's your shooting star that resistance is up at the buck 77 level. So if price can close above buck 77, then this looks pretty good. If you look at it to 205, it looks really pretty good as we speak right now based upon the daily and the weekly charts that we looked at. So Lee, I hope that helps you out with that. Your second request was GTE. So let's get those charts fired up here and your question is if you can't do both or it's not a problem, either one is fine. I'm looking for a short-term trade of both a four to six week outlook. So in the case of GTE, maybe this has given you a better opportunity to look at it. What price is doing right now is trading with inside a daily profile that looks like about three days ago. What do we have here? It looks like we also have a Gertley cell pattern. So that Gertley cell pattern, I'll draw on the A to B leg here and then we'll draw and I'll just move that over to the C point out there just to kind of confirm that in fact this is a sell the D point pattern or Gertley cell so that I can grab it. There we go. What's that high enough? I think I'd be plagued. It really wasn't high enough to complete an A to B equal CD. So we take that back. This does not have a confirmed Gertley cell pattern. But what it does have is a pattern with price consolidating with inside its daily profile and so the first entry area would be between 115 and 119. 115 is the bottom of the daily profile. 119 is currently the oscillator and change line. As I look to the weekly timeframe out here, all we have is a consolidation or price trading with inside its weekly profile. That would be between the price range of a buck 11 to a buck 45. Now at a buck 11, you have both the bottom and the center. So $1.11 should be strong support on any kind of a pullback. So if your question was you're looking for an entry point for a short-term trade, the buck 11 area looks pretty good. Now in a monthly timeframe, what GTE has as grantierra energy, it does have a confirmed TD-9 count top. That suggests that price should pull back and test its oscillator and change line. It got very close to it last week. So we're going to say maybe that that test is done. But perhaps price will pull back and get to that buck level out there. So the answer to your question is $1.11 would be where I'd be targeting an entry point for a short-term trade out there. So LB, thanks much for writing in. I do hope that helps you out and have a wonderful Wednesday. The next question coming in from HD. Right. And he says, would you please analyze rig and Hecla HL for support and resistance? So absolutely. So let's go ahead and get in the rig at Tony out here. See what it is doing. Trans Ocean rig, RIG being the ticker symbol. Momentarily, we'll have the answers that HD is looking for, which was support and resistance. Well, on a daily timeframe support is at about $2.99. That is the top of its daily profile and where the standard change line is trading. As far as resistance goes, well, that's going to be yesterday's high because this is or appears to be completing a currently sell pattern. We've got a bearish engulfing candle today. That says that the high of the pattern is resistance. That high from yesterday was $3.99. Now price would have closed above that. You've got resistance at $4.25. But $3.99 is the answer to your question and $2.99 is the answer to your question, both support the daily timeframe. As we look at the monthly timeframe, do I have anything really to add out here? You've got another resistance level and that's at the $3.67 mark out there. That is the top of its weekly profile. So HD we got your rig in. We come back to this break. Let's go take a look at Hecler. Ticker symbol there folks is HL. TFNN has been your trusted source of analysis for bonds, metals, stocks, commodities and options for years. And we are happy to announce that we are bringing that same caliber of analysis for the Forex market. Teddy Keckstat has 30 plus years of experience in Forex trading, commodity risk management, Forex hedging, volatility and so much more. Teddy releases his weekly Tiger Forex report every Monday morning with elite coverage of all major currency pairs including the DXY, Euro dollar, pound dollar, Aussie dollar, dollar yen, dollars Swiss franc and so much more. 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To obtain a Prospectus or Summary Prospectus, please contact Direction Chairs 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. Welcome back folks, we're taking a ticker symbol HL, that is a heckle and right now trading out of 437 so you do have a new profile that formed out here for the daily time frame that formed yesterday, that is below price that is a bullish message, that does not mean that heckle won't pull back and test the top of that profile of 419 or the Osseter and Chainsline, but it has given you a bullish message out here. On the weekly time frame what do we have really not much, other than price trading with inside it's weekly profile, so all they can provide to you here HD is the support level and resistance, and support is between 361 and 379 bullish structured weekly profile and resistance is at $4.83 But look at the monthly time frame chart out here, not really helping us a ton price trading below it's monthly profile so that's not exactly the most bullish message I don't have a completed pattern I don't have a completed A to B equal C D or anything along those lines, the daily edge form a Rosemont to Mindicator bottom so you at least have that. So what it does look like to me what heckle is signaling to us is that it wants to do some kind of retracement out here maybe that gets us back to 409, but longer term wants to add higher now that had higher would take us up to 483 and we'll have to see how price deals with those sellers on the weekly time frame up at the top of that profile, that's all that I see when I take a look at the charts for heckle, so I do hope that helps you out, thanks so much for the request we had a request inside the Tigers then to look at Rolls Royce the ticker symbol there is R-Y-C-E-Y and it's from Ron M and I'm going to change the panels out here there wasn't a ton to see on the white background charts, so we'll just go take a look at the black background black background charts out there and the question is what do you think of Rolls Royce thinking long term and well first look at the monthly chart out there, this thing has been under accumulation or sideways movement at these lows since January of 2021 so it's been 18 months right and it may be 24 months or more months than that out there so this and that's why I put inside the Tigers Den to me this looks like dead money out here now let's go take so it's under accumulation and typically you'd say you want to see a sign of strength out here well that's what I would have said okay it looks like maybe this thing is under accumulation if we really take this back further out here we can kind of see what's going on and you want to look for a sign of strength out here well here's one sign of strength wide price spread accelerated volume that should have been the signal and that's right here on the trading day of March 25th 2022 out there but what happened that was a one hit wonder I mean it's one thing for price to pull back and test the support of that which would have been you know the prior day March 24th but price got below that area here's another sign of strength and it turned out to be what I mean that was not as wide a price spread but decent of price spread certainly the accelerated volume on June 14th that never held out there so I am not seeing a lot of great things inside of Rolls Royce and it just doesn't have a you know a ton of liquidity to try to trade this intraday and you can but I just don't I know this is a long term hold out there I don't see it however not the however to the extent that you want to add this to your portfolio out there I'd say the place to do that would be at about Bucko one 101 to 105 I don't have any signal to suggest that price is going to get back out there but since it's been trading in a sideways range out here for so long there's no reason for it not to do that and that's the place I don't want to go ahead and take your entry but not seeing any kind of signals that this is going to be a gigantic moneymaker out there at least not as of 1.46 in the afternoon on August the 3rd so I do hope that helps you out Ron thanks much for writing in that was coming in from the Tiger's Den do I have any other questions out here let me just check real quickly it looks like we do not let me just make sure I don't like to fall behind no other questions that have come in at this stage so what do we want to do we've got four minutes to do anything that we'd like let's go take a look at the markets and see if there's something here worthwhile for us to go try to track down so what do we want to track down Myrna Moderna out there sure we'll be happy to take a look at that that is for Elo Elute Eludo doesn't really matter that's just probably the handle out there MRNA is the ticker symbol that is Moderna I saw a lot of those stocks we're moving to the upside Moderna of 26 bucks at 16% out there and as we take a look at what is it doing or what is it not doing well we take a look at the daily time frame out here which is simply expand this out the only real signal that I've got it is in wave number four that is letter D has not confirmed a D top but does sometimes at those at that fourth move you see this stock do something well price trade above the top of that daily profile 1873 so if something is to occur out here you would think that what price would do would pull back and test that level of resistance that could then become support so 1873 is an area to be watching the only signal that price can move back there is that fourth wave move letter D out there as we take a look at the weekly time frame chart we can see that price is trading above its prior swing point out there so we want to understand what the volume matrix is so the swing point took place on the trading week of July the 8th and that volume was 26 million shares so far today through today I should say we are at or it is at 18 million shares so we're halfway through 1818 is 36 to my knowledge 36 is more than 26 so what you're getting now is a confirmed A to B CD to the upside pattern out here so let's try to switch back to the black background chart simply because I am on the black background charts was I not on the black background charts before shoot my apology for that well it's okay I think it still works with the and even the daily the swing point which was from the trading day of July 8th had volume of 7.5 you're already at 10 million shares so let's look first at the weekly that's probably going to be similar or the same as the daily but here's the weekly A to B equal CD to the upside pattern 1873 181 1873 I guess we already covered that when I was looking at that so that's their B point that's great it's not taking why is it not taking there we go let's try this one more time out here there's our A here's our B shoot you don't have to do actually the low of that pattern is really the B point and the C point are using the same candle out there yeah well you know I'm going to just go ahead and use the I'm going to go ahead and use the low from July 25th so we're looking at an A to B equal CD that that should take us up into 216 234 level out there if we take a look at the daily A to B equal CD pattern out here the eight points going to be the low from June 13th the B points going to be the high from July the 8th and the C point here this one's really clear so this is easy it's going to be the low from July 28th and that's what's going to also give us that 216 85 mark so it looks like that's where price is headed to who had requested Moderna that was inside the Tigers that was Ron M. So Ron looks like that's where price is headed to out there I don't really see anything else worthwhile to take a look at so best of luck to you I hope that information assists Shazam what just happened I was in Boyle and made three and a half percent big time move up I was too mesmerized to exit and search the news but something must have happened well it really wouldn't be Boyle it would be what's inside Boyle which I believe is the September natural gas futures contract I believe that's all that is inside there so we really would want to go take a look at what's going on inside of natural gas it's ready to that question so Shazam why don't we do that we get back to the break that's how we'll end the show I believe we'll be take a look at natural gas see roads with TFN great man 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 CIBC capital market assistance in evaluating alternatives and in completing an accreted transaction Vista Gold trades on the NYSE American and TSX under the ticker symbol VGC 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 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 in stock 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resistance level so this is still bullish from a weekly standpoint the monthly chart you can see a nice roadsman to mitigate her top of prices pulled back to that green oscillator and change line so its signal is neutral to bullish out there the daily time frame price got back up to a TD9 count breakdown area $9.13 there is no topping pattern out there price just simply got back to resistance if today price goes above $7.97 that's its daily green oscillator and change line that's going to suggest well $8.44 would be one move and above that we're back to the $9.13 level right now on the 30 minute and the 60 minute time frame charts and on the 20 minute time frame chart you can see that prices taking on TD9 count breakdown resistance there at $8.19, $8.20 and $8.20 respectively $30.60 and the 120 minute time frame so closes above those levels suggest higher price as well out there so that's all I see when I take a look at the September contract for natural gas I do hope that helps you out that was for Shazam and the show out here with about 15-20 seconds to go I don't really know how are we going to end it I guess we're just going to end it by asking everybody to have a wonderful Wednesday and to stay tuned for your favorite polar bear and that's none other than that David White out there and of course Tom O'Brien he'll take us on home I'll be back with you tomorrow on terrific Thursday please have a wonderful Wednesday be safe out there we'll see you tomorrow take care