 The Trader's Edge with Steve Rhodes, toll free at 1-877-927-6648 or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good morning, folks. Welcome to the April 2nd, the terrific Tuesday 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's having a great day. Let's make sure we have an extraordinary one. Now, the easiest way to do that, it's to always remember that life is happening for us, not to us. That's right. When you and I can 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 are going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning. I want you to know that I'm absolutely grateful for your presence here, but even more important than that. And that's this. During this next 53 minutes, I'm here to serve you. So feel free to pick up that phone. Dial on in at 877-927-6648. Now, if you have a question but you can't call in, we've got you covered. You can always send an email for that. Send that off to Steve at tfnn.com and inside the subject heading, please put radio show question. Of course, if you're inside our Tiger's Den, well then any and every ping will do. So let's go ahead and get this show started on terrific Tuesday. Of course, this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to the show. We've got a sea of red out there. All the U.S. indices that we track our trading to the downside. Dow's 432 a little over 1%, S&P 53, 1% 270 for the Nasdaq about 1.5%, 1.8 for the Russell. That's a $40 move. Semmars are down 1.16, 2.4, 10%. You've got gold trading out of 22.58. Zover's up at 25.86. Let's recruit. Trading out at 84.82. Natural gas up 3 pennies at 1.867 and 30 year treasuries down 24 ticks printed out at 1.17, 24. Our leaders in the clubhouse, dollar wise, the upside, exact sciences, an $8 move there. Grayscale is up $8. GE Verona is up $5. Weather for an international up about $5 and pie international resources up $4. To the downside, it is micro strategy. 105 point move, 6.5% in Humana, a 48 point move, nearly 14%. Super micro, 46 bucks. To the downside, almost 5% there. Decker's outdoor, 4.5%. Or 41 bucks. And Broadcom is down 40. That's a 3% move. We got movers, but we mostly have shakers out there. So where do we want to begin? I'll tell you where we begin. Let's go take a look at the daily and the weekly equity future contracts. Let's do this. Where is Stevie's in the wrong spot? Give me a moment. We'll get back here. Let's take a look at the daily first. We take a look at the daily timeframe. All four of them, what do we know? We know that we've got topping patterns now for each of these. In the case of the Russell 2000 yesterday, so it had a TD-9 count top that's still in place yesterday, formed a Roadsman Dominicator top as well. You've got a Roadsman Dominicator top in the NQ for the daily timeframe. You've got a Roadsman Dominicator top in the ESMini for daily timeframe and the YM. So we've got topping patterns there. If we take a look at where profile levels are at. So I've got slightly different profile areas in the NQ, I believe it is, between the Black background charts and the White background charts. Right now the ESMini is trading below support at $52.57. If it remains below that, we're likely going to see a move to $52.12 or $51.67. In the case of the NQ on the Black background charts, what we know is if the move is only a counter trend move to the downside, price will find support at the 18026 level. That is the center of its barestructured profile based upon these Black background charts. We know that when you trade above the top of a barestructured profile and you do it for more than two consecutive sessions, in this case here, we've been doing it for several weeks now. When you trade above that, any move is lower. As we experienced back here, the last time we had a move lower was back on March the 15th. At that point in time, everybody was ready to say curtains in the NQ. The problem was price found support where a counter trend rally would find support. And that's at the level of 18026. It's based on a closing basis out there. So if price is able to get below $18.158, we're likely going to see a move to $18.026. If price closed below 18026, it tells us that this is more than a counter trend move to the downside. Now, that being said, that doesn't mean it's curtains, because we also know the bottom of the profile is where buyers are at, and that is support. We can see, even as we take a look at this chart here, we can see that that level was also tested, that level being $17.761. So that's what we've got. We take a look at the daily timeframe for the NQ. In the case of the Dow, it's testing the top of its daily profile, very close to it, which is at $39.313. A close below that would suggest lower price. Now, in the case of Russell 2000, it's making an attempt to form a new profile today. It's still in place out there. In the buy zone, which is trading below, by the way, the buy zone is between 2092 and 2101. If we get to consecutive close below 2101, any rallies would find resistance, or should find resistance inside that zone. The exact opposite of what you and I looked at inside the NQ. The real point to make here is to understand where the profile support is at, understanding that on a daily timeframe, we've got topping patterns. And let's go take a look at the weekly chart, because we get the weekly and daily topping patterns all at the same time. We start having price get back inside profile levels. That's an important message for us. Well, now, it's potential. It's only Tuesday. It's only 1112. I have no idea what the candle formation will look like at Friday at 5 p.m. But if this were Friday at 5 p.m., we would then have a sell the D-point pattern inside the ES-mini. The ES-mini for its weekly timeframe is missing a topping signal. It negated a TD-9 count top, but now we might have a sell the D-point pattern. In the case of the NQ, it still retains its TD-9 count top. In the case of the Dow, it may be generating erodesment to indicator top. We don't know what the candle's going to look like at Friday at 5 p.m. Right now it's a bearish engulfing. Right now it's also a key reversal bar. The same thing with regard to the ES-mini. And the key reversal bar just simply says you have to close one tick lower than the open. So if we get that, no matter whether it's a bearish engulfing candle or not, or bear sash candle, or any other type reversal signal, a key reversal bar would do the trick. And that's really the same thing for the Russell 2000. The Russell 2000 will go ahead and form the TD-9 count top last week. It'll complete that TD-9 count top this week, no matter what. So what I'm saying or what I'm suggesting right now as of 11.13 in the morning is that the weekly charts are now starting to confirm that we've got tops for the weekly and for the daily. What does that mean? That means we could or should expect at least a couple-week pullback. Now, I'm speaking in advance of Friday. A lot can happen between now and then. But if that's the way that the ball rolls out here, that's the way that the signals come in. The message is to expect or anticipate a further move lower. Now, in the case of the weekly timeframe charts, you've got support inside the ESMini between 51-22 and 51-56. In the case of the NQ, it's between 17-490 and 17-852 for the weekly timeframe. Shoot, in the case of the Dow, a counter-trend move would find support at 38-594. In the case of the Russell 2000, the levels to be looking at would be 2048. As a potential next stop to the downside, followed by 1969, that is the bottom of its daily profile. And yes, Mr. Bill, there are TD9 count bottoms across the board out here on the 30-minute timeframe. We'll switch over to those. We're going to go take a look at what's going on in the inter-day periods. But right now, we're going to take a look at the one that is, well, I don't have that up. How did that happen? Oh, I know my system had to reboot that. But I'll get that up here momentarily. The 30-minute equity futures charts, I'm going to change the screens. You'll be able to see that. You'll be able to see those TD9 count patterns out there. We get back to this break here. We'll talk about these patterns and what they may be telling us right now from an inter-day standpoint. Steve Rhodes with TFNM, we'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them, using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNM.com. TFNM, Educating Investors. Many trading newsletters attempt to focus on a narrow set of equities or commodities. While this works for some, it oftentimes misses many opportunities that possess huge gain potential. 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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 TFNN.com. Toll free at 1-877-927-6648. Internationally at 727-873-7618. Back up folks, so my natural progression when we take a look at a daily and weekly time frame chart and they are generating topping patterns out there is to take a look at the intraday chart. So one intraday time period that has the most consistent signals out here is the 30-minute. And we take a look at that. You can see you've got TD9 count bottom pattern that's still in place out here for the ESMini, for the NQ, and for the Dow. The Russell 2000 negated its TD9 count pattern just as we were coming on the air at 11 o'clock. Price closed below the following bar number 9. That low was, well I've got to move this over here to tell you what it was, that low was a 2082.60 and price closed below that as we came into the 11 o'clock hour out there. Now in the case of the Russell 2000, just to open this up, not all hope is lost. You can clearly see an A to B equal CD pattern to the downside. Now I don't know that it's attained that level just yet, but we'll go ahead and we'll put that in here. So there's your A to B. I'm just going to go ahead and move this over. And there's your C to D level out here. So you can see it's attained the one to one area. And therefore if at 11.30, it's 11.19 right now, this generates a bullish reversal candle. You'll have a buy the D point pattern. Now bullish reversal candles for any of these, they each have A to B equal CD to the downside patterns. They would also confirm a buy the D point. But that doesn't matter whether you have one or two bottoming patterns. We're just looking for a bottoming pattern to then give us an idea of, okay, where is price headed to? Was this a bottom? Well, we know you're at the bottom of a daily, when you're a potential daily support, it can be. I don't know that that's the message right now. Instead, let's just take a look at what is the message of the market for the 30-minute time frames based upon these bottoming signals. And that's pretty simple for you to answer. In the case of the ESMini, price should go target as oscillator and change line. That's currently printed at 52.55. If it gets up to that level, rejects it and starts turning back down, it was just a little counter trend move. So watch the 52.55-ish area, price is going to move up and down as price moves up and down as well. In the case of the NQ, that range, that zone, that area is around 18, 311. It'll be a little bit higher than that, especially if we rally further. Again, if price stops there and moves lower, then it was just a counter trend move. If price closes above that, then I don't know if new profiles will form. So right now we have to use the existing profiles. You could get the ESMini that could get all the way up to 52.86 easily, even 52.92, the NQ in the 18461 to 18485. No, I say easily. I don't mean that it'll be that easy to do, but that is a possibility. But that's why you want to watch those oscillator and change line signals. In the case of the Dow, the Dow is actually forming a new profile for its 30-minute time frame. I would anticipate and expect that over the course of the next hour or so, we'll see the same thing unfold inside the ES and the NQ. Right now what we know is that price should go target its oscillator and change line. That's printing at about $39,530. It's also inside a profile that has support at, maybe easier if I do this, the support of this profile is at $39,407, the resistance at $39,601. A close above $39,601 in the Dow would say we get back into the $29,796 area out there. In the case of the Russell 2000, again, we're watching to see if it generates a bullish reversal candle, nine minutes from now. It currently is a bullish piercing candle. If it does, it's got to buy the D-point pattern here, price should then rally up towards its oscillator and change line, and that's in the 2094 level. Now that's what's coming from the 30-minute time frame charts. If we take a quick peek and take a look at some other multi-time frame charts out here, move over to that set of charts, what we will see is, thank you, Dan, XBI. That's what I thought. If we take a look at the ES mini, if you look at the bottom panel, remember there's A to B equal CD pattern, so it's going to apply to all of these time frames out here. So in the case of the 15-minute and 10-minute, they both have TD-9 count bottoms and a Rosemont-Dominicator bottom on the 10-minute. Here, they're telling us the price should get up to $52.52 next. That's a 15-minute resistance. If price can close above that, $52.59 to $52.63. Remember, at $52.55 on the 30-minute time frame chart, you've got resistance. Now the 60-minute time frame chart looks like, well, we don't know, it's $11.22. But if at 12-noon it's a bullish reversal candle, you've got to buy the D-point pattern. And there you've got $52.64. So I wish I could just give you one number, but you have to take things in progression. Now the cool thing about the shorter-term time frame charts is you get up to resistance first. If those resistance levels fail, then it helps to identify where price is headed to next out there, which is really what I'm trying to do. On a two-hour time frame chart, this bar here completes at 12-noon. That means by 2 p.m. or 4 p.m., you could or should have a completed TD9 count bottom pattern for the two-hour time frame chart. Let's go see what the other two-hour time frame charts are doing. Let's see if they're in unison as we speak right now. So that, I don't have populated, but we will populate those here momentarily now. I'm not sure which contract is going to pop up here. So I'm going to have to set this to I got September of 2022. Okay, so we haven't looked at the 120-minute charts for quite some time, but we will shoot. Sorry about that. I guess I have to let these populate. Darn. Three minutes before the break. Well, they shouldn't have to populate. Yeah, there we go. So we've got the June 2024 contract. So I've got to put all this in. It's going to get all the signals, pull up all the accurate data, but that's okay. We want to see. The thing we're really looking for is some type of synergy. Do they all do all four time frames? And we haven't seen that quite frankly for quite some time when we've looked at the equity futures out here with 624. Let me get that in there. So we got a, so in the NQ, well, you can see there's the A to B equal CD pattern in the downside for the two-hour time frame chart. It's only in bar number 700, bar number eight. The ES we are no-sows. So I can already see right here. I'm just going to go ahead and continue to populate just to finish this out. But no synergy here. That doesn't mean we don't pay attention to them. The question becomes, who's driving the train out there? If it's the NQ, you'd be looking for a bullish reversal candle out there. If it's the ES, you're just looking for a TD9 count bottom pattern to complete out there. So that's what we've got. We take a look at the equity future contracts out here. Let's not belabor this too much more. Let's actually try to get into some requests that have come in. So we'll switch over to those. And if we need to come back and take a look at the equity futures, I'll be more than happy to do so. So let's begin by taking a look at the first request that came in, which are some Nicholas. And Nicholas is asking the question with regard to Tesla, where is the next support level out there? So if we open up the daily time frame chart, we'll just look at the daily first and try to give him that level. What we see out here in the daily time frame is a wave number seven and an erosement to indicator bottom pattern. And price is trading into that swing point. That swing point was March 14th. That swing point had volume of 126 million shares. In the first two hours of trading, Tesla has generated 61 million shares. So we know that Tesla is moving into that swing point with volume. It hasn't touched the bottom, but as long as it closed below 205, 60, odds favor a move down to test support, which could be support, is the bottom of that candle. And that's at the 160-51 level. So that's one area of support, 160-51 Nicholas. That's the daily time frame. The weekly time frame shows that basically it's at support. And that support here are two different levels. One is a weekly breakout area. That's a 164-35 courtesy of the TD-9 count pattern. The second is the bottom of a new profile that formed last week. The bottom of that profile for Tesla is at 165.02. So that's tying out to the lows that we have out here from March 14th. No, that was 160-51. Sorry about that. So on the weekly chart, price is basically testing support as we speak. On a monthly time frame, Nicholas, price is pulled back into its buy zone on a monthly basis. Now, if price closes below the low of that trading session on the daily base from March 14th, closing below 160-51, then the next area of support will be 144-38. That's not what we have right now. So you've got your support for your daily, your weekly, and if the daily fails, then we know where it's going to head to on the monthly time frame. So I hope that helps out, Nicholas, with regard to Tesla. Thanks so much for the request. We come back to this break. We're going to look at Gold, Platinum, UNH and LABU for Dan inside the Tigers. Then we'll be right back. Hi, folks. This is Tom O'Brien. It's the 22nd anniversary of the Gold Report. Can you believe it? 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This portion of the trader's edge is brought to you by Direction's daily leveraged and inverse ETFs. Whether you're a bull or a bear, you choose the direction. Visit Direction.com. Investing in the funds involves significant risk and should only be utilized by investors who understand the impact of leverage and actively monitor their portfolio. They are not designed to track the underlying index or security for more than a day. Before investing, carefully consider a fund's investment objective, risk, charges and expenses contained in the prospectus available at Direction.com. Read carefully. Distributor, Foreside Fund Services, LLC. Welcome back, folks. We've been asked to take a look at Gold Train out about $22.74 as we speak right now. Now, the first chart that I'm going to put up on my screen, because when we go take a look at the other charts for Gold, what we are going to be missing is any kind of a topping pattern. We take a monthly, a weekly and a daily timeframe out there. But the question should be, is why did price stop where it did right around the $22.98 level? And the answer, I've got the answer to that question. That's because price hit a horizontal trading range boundary line. This is the weekly timeframe chart that we've got for Gold. That's at $22.98. If price can close above $22.98, that would be a positive thing. But we do have, and that would also suggest to move up towards a $25.50 level. If I take, these are the horizontal trading range, I'm not going to go into the explanation of that. But that's the only resistance area that I've got out here right now, Marcus, with regard to Goldilocks. And you'd love to see price close above that level. Now, let's get back to the multi-set of timeframe charts for Gold. Those are the white background charts. We'll be back there momentarily and make sure to get back to the right spot. Go live. Let's see. Yeah. So now we're taking a look at Goldilocks' charts out here. So on a monthly timeframe, I'm just going to simply open this up. This is the June contract that we're taking a look at, which I prefer to, if we can get enough data, I prefer to look at this versus the continuous. Now, we can't pay attention to the oscillator and change line. There's just not enough data out here in order to do that. I have to switch to the continuous. But what you can see here, when we look at the June contract pattern, is that you are not seeing any kind of a topping signal. We are in bar number seven. Now, when I say we don't have a signal, we have an erosement indicator signal that's been triggered, but that requires a bearish reversal candle to identify a top. So, sort of that, it just says take your umbrella out there. But bar number seven, so no topping pattern as we speak right now, that says the earliest topping signal could come next month or the month after that out there. But that's what the monthly timeframe chart is saying. As we take a look at the weekly chart here, we kind of tied that into the 2298 level, that horizontal trading range boundary line. You can see we are in bar number seven out there. So, on a weekly timeframe, you could get a TD9 cap at forms between next week and then two weeks after that. The daily timeframe is one for us to keep our eye on. Bar number six is where we're at, but we have that erosement indicator signal that is triggered. A bearish reversal candle would identify a top and suggest move back to support, which in this case would be in the 2223 to 2235 level. Now, let's get into the intraday charts out here for Goldilocks. On a 30-minute timeframe, I do see a wave seven signal. Let's make sure that that is a good enough call. No, I don't think so. It's really in wave number six. That's letter F versus that G out here. But that doesn't matter because what we know about on a 30-minute timeframe is prices right now trading below profile support of 2278. So, that is suggesting to you and I that Gold should pull back further. Pull back further to where? Well, if we look at a 60-minute timeframe chart, the 60-minute timeframe chart has a TD9 count top. It has a erosement indicator top that was completed at 11 a.m. Now, prices trading below profile support at 2274. If at 12 noon, we've got 27 minutes ago, we get a close blow 2274, that's going to suggest to move back to 2268. If price closes below 2268, I'm not sure what that means just yet. I can't believe I don't have that tool on this set of charts. Okay, 2268 would be its call. If I look at a two-hour timeframe chart, you've got a TD9 count top that is completing here at 12 noon. Price is above profile. So, it looks like 2263 is its price target. So, we've got 2263, 2268 as price target to the downside. You want to watch those areas. If those levels fail, that tells you about that tells you if that key support has failed for those intraday time periods. On the four-hour timeframe chart, you have a key reversal bar right now that would confirm erosement to indicator top. Now, this candle will not complete till 2 p.m. But it's a key reversal bar. All it needs to do is close one tick lower. When I say one tick lower, if by 2 p.m., gold closes at 2270 to 10 or less, you would have a confirmed erosement to indicator top for the four-hour timeframe, TD9 count top on the five-hour timeframe chart out here. This says watch its oscillator and change line. That is where price is at support. And that support level here is at 2271. This is called 2271. Price closes below that. That's going to suggest 2254. So, interestingly enough, I didn't realize this when I pulled up the charts out there that we had so many intraday topping signals for Goldilocks out there. I know that what Marcus was looking at was for the long-term. In long-term, I think this is still pretty good. However, this is, let's see, let's take a look at Gold this way. Let's look at the consecutive days higher and lower. We are now in a bar number six of moves higher out here. We did get to a bar number seven back here on March the 8th, and then we had a pullback out there. Now, this is a daily timeframe. I'm interested in seeing one of the longer-term periods because that's really what Marcus was interested in. So, what is the weekly timeframe chart show us here? The weekly timeframe shows us that we are going to be potentially week number two to the upside. If we do get pullbacks, they typically last two to three bars to the downside. So, nothing really big there about the monthly timeframe. Where are we at on a monthly timeframe basis for consecutive moves higher? And so, only bar number two. Now, this is what was the signal that I shared with folks that this week was back in February, that this could be the signal that we are at the beginning of a new bull market out there. It's with this two-bar pullback. Now, I've got the June contract. Those of you that, well, I can probably show you the reason. So, that should have been something else. Okay, if we, let me see if I've got enough data here just real quickly, relatively quickly. That's the wrong chart. Don't pull this open, Stevie. Sorry about that. It was this one here that I was looking at. Let me pull this open, see if it's got enough data to go back. So, now, if I take this back, I don't think it does. Well, this is the rally that took us into 2011. Even if I go back further, it's going to show the same thing, which was all retracements on a monthly basis. We're about two months to the downside. But as we speak right now, we're only two months to the upside. So, I don't see anything gigantic or big here. Now, this is the continuous contract, which kind of alters the data. We know we're at new all-time highs. That's not what it shows. We take a look at the continuous contract, which was the whole reason to, on this chart here, to take a look at June so that I could provide Marcus with a better feel for what's really going on out there. But right now, it looks like Goldilocks wants to pull back from an intraday standpoint. And let's watch that 226350 level. That will be an important area to watch. So, Marcus, I hope that helped you out with regard to Goldilocks. Let's go take a look at Platinum as well. Platinum is in the July contract. So, we take a look at Platinum. Here, I have such little data that if I put up, well, I'll just put it up here. Let's put up PL0724. Let's take a quick beat. It is just not enough data to generate anything that's helpful to you and I with regard to Platinum for its monthly time period. Really the same on the weekly. So, the weekly chart does show that price may be trading, well, it's trading above its asset or a change line. So, that's a positive. It looks like price found support at the bottom of its profile, which is at $914.50 out there. So, if you look at the daily timeframe, here's what we know about the daily timeframe. Marcus had formed a TD9 count top. Let's pull this back here. You can see this pattern. It was the following bar number nine that identified the high. That's an important high out there, which is at $957.20. What we can't see on the daily timeframe is prices inside its profile. And if price can close above $937.90, the center of its profile, you should see it moved to $959.70. Otherwise, in Platinum, I'd have to say all you have is a consolidation with inside profiles after forming a TD9 count top. Steve Rhodes with TFNN will be right. If you spend any time online researching trading techniques on how to begin your trading journey, you've no doubt come across many folks who push forex trading as a way to make big money quickly. 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The Platinum charts do want to share that if you take a look at some of the inter-day time periods, 30-minute, for example, has got a roadsman to indicator top price right now testing an area of support, 930-30. The close below that were likely headed to 942, TD 9-count top on the 60-minute chart, price finding, supported, it's oscillator and chains on a 930-20. The close below 930-20 is going to suggest to move back towards 916-20. Two-hour chart, it's going to complete a TD 9-count top. That suggests move back to 925. So those are the inter-day charts to watch on Platinum. I hope that helps you out. I know that you had one additional question, which was to take a look at the ratio of gold divided by Platinum, and whether or not it's completed in A to B equals CDT upside. So for that, what we need to do is change over to a different set of screens. Let's go take a look at that black background screen out here. Give me a moment. The answer to your question is yes. It has completed the one-to-one. It did that last week out here. Screens, black, here you go. So this is the continuous contracts of gold and Platinum. This is the ratio, the division of it. And you can see that the one-to-one price projection was $2.43 from a ratio standpoint out there. Now, what does this mean? That I can't tell you. What I can tell you though, in just simply A to B equals CDT folklore language out there, is you need a bearish reversal candle to confirm a top out here. And that would say that you could get a bearish shooting star candle this week, but we really wouldn't know until Friday. But to answer your question, do I show A to B equals CDT, a one-to-one price projection? I do. I see a .618 retracement out there for that B to C leg. What you're waiting for here for what it might mean to you would be a bearish reversal candle. So Marcus, hope that helps you out. And thanks so much for your request out there. Let's get to the next request. Actually, let's do this here. Just in keeping with metals and then mining out here, let's get to the white background chart since it just popped up on the screen out here. If we take a look at gold from a weekly standpoint, it's got an A to B equals CDT that doesn't complete until you're towards a 2350-ish area out there. Silver is trading above the top of its daily profile. This is the first day up there. A close above this level here, the candle says from March 21st out there, a close above 25.97 would be a bullish thing. Otherwise, that is resistance, but so far has held. If we take a look at the GDX out here, it also has A to B equals CDT upside. I'm not going to be concerned about this wave number seven level that shows up there. But still, the GDX will be controlled by the direction of gold for the most part out there. What's going to control the direction of gold? Normally, I would say the US dollar index, but that usually has an inverted relationship. Over the last couple of weeks out there, it has had a directional relationship. But nonetheless, if we take a look at the US dollar index and that can go back in D-couple, if we take a look at just looking for myself, thought it was right here. Here we go. If I went to look at the US dollar index, we did that during the 11 a.m. update out there. It said that if we got a bearish reversal candle, it would form a sell the D-point pattern. Well, the opposite of that, so to speak, would be the euro. And if it forms a bullish reversal candle today, it would form a buy the D-point pattern. At the present time, it's a bullish piercing candle. It has a close halfway inside of yesterday's candle in order to maintain that. But it doesn't have to do that. Today is going to become bar number nine of a TD-9 count and breakout support at 1.073 out there. That pattern, of course, completes tomorrow. But this suggests to Stevie that what the euro wants to do is at least rally in towards that oscillator and change line. And that's at a buck 08. We can see on the weekly chart, which is the chart below, at a buck 08 is the oscillator and change line. So it appears that between either between today or tomorrow, we should start to see the euro rally up towards that 1.08 level. And it's 53%, 57% waiting in the US dollar index. If the euro is getting stronger, well, geez, then the dollar should be getting weaker out there. If we take a look at the Japanese yen, it still maintains its TD-9 count top, but that oscillator and change line continues to act as support. You really need to see a close below 1.5140 for that TD-9 count top to take traction. And of course, the price would have closed above 1.5197. The yen would continue to weaken. The dollar would get stronger. Now that's a 13% waiting versus 57.6. In the case of the Great British Pound, yesterday negated, it's by the D point pattern that was formed back here with that bullish Pearson to candle. So now it needs a new bullish reversal candle to confirm another by the D point pattern, which would then rally up to 1.26. But I think all eyes should be focused and continue to focus on the euro versus at this stage of the game versus just take a look at the US dollar index. We've got to understand what's going on underneath the covers. And boom, voila, we just did. Now let's get to the other two requests that we have in the system out here. The first one is to take a united health UNHS for Mr. Bill inside the Tiger's Den. So the question is, where is price headed to? When I take a look at the monthly time frame chart, Mr. Bill, that's where we're going to start here. What we see is a Rosemont communicator top that was confirmed in December of 2023. What we have seen since then is a series of lower highs out here. And now today, price is trading below its bullish structured profile support. Now, I don't know if that's going to hold. It's only April 2nd. As long as price remains below 46748, Mr. Bill, it could be telling us a price long term wants to get back to its breakout area. That would be 38312. Let's take a look at the weekly time frame chart. What do we know about it? Well, it's trading into a cluster of swing points, so to speak, the one that's most important is one from June 16th. That swing point did volume of 34 million shares. So far, in only a day and a half of trading, we are at 8 million shares. Yesterday, well, let me see, what are we doing on a daily basis? Yesterday was three, day before was three, four, day before was three. So there's about three to four million shares a day out there. Let's pull this back, see if I can figure out anything else. So the A to B equals CD pattern, the B point. So I got to do this off screen. I'll just change screens. Mr. Bill, we'll do this together. Try to try to figure out the A to B equals CD pattern. So we've taken care of the monthly piece of this, but let's get over to the black background charts. Let's get to the area where I've got that set of tools. Let's back a little further, back quite a ways further. Here we go. So we're taking United Health. UNH is the ticker symbol, and it's the weekly timeframe that we're taking. There could be two different A to B equals CD patterns out here, but let's take a look at... So that would be a consolidation that we had. So the interesting thing here, Mr. Bill, is there's also a consolidation pattern that's in play, which gives us a measured move. So there's a couple different ways for us to take a look at this. Let's draw in that consolidation pattern, which looks like... Pretty much looks like this. Actually, you can get all the way... Yeah. So you can get all the way down here. Here's the consolidation pattern that is in play, Mr. Bill. So right now, price is taking on... The low of that consolidation, in essence, is from June 12th. Week that began, June 12th. 34 million shares, and so far we're at 8.2, so no idea if we're going to hold that. But if, in fact, price were to bust through this consolidation, then we would have a measured move. And that measured move would be equal or greater than the consolidation. What this would do is this would take us down towards that 337 level. Now, on the monthly timeframe, the price target was 383 to the downside. So I'd have to say it would be inside that kind of range. Now, let's take a look at the A to B equals CD patterns that are present out here. The one that I see is one that's got a high out here from the trading week of November 27th. The B point is pretty clear, and that's January 22nd. And then it does a retracement into February 26th. A 0.7186 retrace, a 71% retracement out here. If that B point gets passed with volume, the 1-1 price projection really gets to the bottom of the consolidation area at 436. But below that, you're looking at 410. So, Mr. Bill, I hope that answers your question with regard to United Health. We come back to this break. We'll take a look at LABU and XBI to get a feel for where they're headed to. Hi, folks. This is Tom O'Brien. It's the 22nd anniversary of the Gold Report. Can you believe it? We've taken 22 trips around the sun together, and we have many more to come. This year alone, the Gold Report has returned over 50%. I want you to come along for the ride. I provide in-depth analysis of the gold market as a whole, in addition to providing outlooks on individual mining equities. For a limited time, you can save 35% off the monthly price for as long as you subscribe. 35% savings will be applied to the current monthly price, and it will stay with your subscription forever. 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Published every Sunday, receive a comprehensive report packed with detailed commentary, charts, and videos that illuminate the patterns shaping the markets. With updates throughout the week, exclusively for subscribers, whether through charts or videos, Larry's analysis is your roadmap to navigating the markets. You can sign up now at TFNN.com for just $97, and with all TFNN newsletters backed by a 30-day money-back guarantee, you have nothing to risk. For all the details, visit TFNN.com. You'll find Fibonacci 24-7 right under the newsletters tab. Are you ready to take charge of your financial future? TFNN is your gateway to the world of trading and investing. Whether you're starting out or scaling up, TFNN empowers traders and investors of all skill levels with top-notch investing systems, strategies, and techniques. It's time to protect and grow your money with insight you can trust. Join us live Monday through Friday during market hours for exclusive content that moves with the markets. At TFNN, we bring the trading floor to you. Our seasoned hosts are here to answer your calls and questions live on the air. Check out the Tiger's Den for just $1, and follow us on YouTube and become part of our vibrant community. And remember, at TFNN, we're so confident in the value we provide that we offer a 30-day money-back guarantee on all new premium newsletter subscriptions and services. You have absolutely nothing to risk. So why wait? Tune in live to Tiger TV and transform your trading journey because when you know better, you invest better. Join us and experience the difference today. TFNN Educating Investors. Welcome back, folks. We're taking a look at the S&P Biotech ETF area. We're going to start by taking an XBI. That is the one-to-one ETF that covers that area right now. Price is trading below a swing point. That's the B point of an A to B-equal CD pattern, and with volume. That's from March 19. There was about 10.9 million shares that traded hands that day. So far, we're at 6.8 in the first two hours of trading. So we got volume. If price closed below $92.15, you've got an A to B-equal CD pattern that gets you down to $86.18. If we look at the weekly timeframe chart, the bottom is profiles $88.10. If we look at the top of the monthly profile, it's $89.20. So, Stevie would say $86.10 to $89.20 are the areas to be watching with regard to XBI. If we take a look at LABU out here, in the case of LABU, it's one-to-one A to B-equal CD would give us a price projection of about $89.39. The weekly timeframe has got profile support at $1,370. Again, different profile levels. When we take a look at a 3X versus a 1X, I would be paying attention to the 1X out there for the signals and profile levels, but you want it to LABU. So you've got that A to B-equal CD to the downside, and that $89.39 level with a potential support being $1,370. So, Dan, I hope that helps you out with regard to LABU. Let's go take a look at those 30-minute charts while we've got about a minute left here before we end the show. We do have new profiles that did form as suspected. So, in the case of the ES mini, and these are the TD9 account bottoms, they are still in effect out here. The bottom of its current profile for a 30-minute basis, I need to move that over, is at $52.39. The top is at $52.57. For the NQ, the bottom of its profile is at $18.224. The top is $18.292. The Dow, that was already in place out there. Again, that remains at the bottom is down at the $39.407 level, and the top at $39.601. Each of those have TD9 account bottom patterns. They have not gotten up to their oscillator and change line. Those are areas that you want to watch. In the case of the NQ, its oscillator and change line is basically the top of that profile. If price were to close above that, we had lower. Likewise to the downside, you see an ES mini close on a 30-minute basis, that is below $52.35. We had lower. In the case of the Dow, that low to watch is $39.368. And in the case of the NQ, the area to watch in the downside is $18.201.50. Phew! Folks, have a terrific Tuesday. Thanks for joining us. I'll look forward to speaking with you again, and I'll see you on Wonderful Wednesday. Take care, folks.