 The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes. At 1-877-927-6648. Or internationally at 727-873-7618. The Trader's Edge. Now, Steve Rhodes. Good morning, folks. Welcome to the March 11th, the 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. Let's make sure we have an extraordinary one. Now, the easiest way to do that is to always remember that life is happening for us, not to us. That's right. When you and I make that one little two-by-four shift, it means we can find the gift, and every set of circumstance that life is going to toss at us. Now, today, you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning. I want you to know I'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. We'd love to hear from you 877-927-6648. Now, if you've got a question, but you can't call in, we've got you covered. Go ahead and send me an email. Send that up early, if you would, and send that to Steve at tfnn.com. Also, inside that subject, heading to police, put radio show question. If you're inside our Tigers, then well, then any. And every ping will do. So let's go ahead and get this show started for Marvelous Monday. Of course, this is Tiger, Financial News Network. I'm Steve Rhodes. Welcome to the show. We got a slightly mixed bag out there. You've got all the US indices traded downside with the exception of the transports. They're up 29 points. All the sectors inside the S&P 500 traded downside with regard to the, with the exception being the consumer staples area. XLP, it's up six pennies. Oh, I take that back. The XLB building materials up 53 pennies as well. So you got the Dowdown 107, S&P up 12, Nasdaq 148, Russell's down 13, Semai's 53. Gold is up. Two bucks. Silver's up 11 pennies. Light's recouped as up 53 cents. Natural gas up three pennies, 30 or Treasury printed out a 121, 13 out there. Leading to charge, dollar wise, the upside. Micro strategy, 164 buck move, 11 points. Coinbase is up 12 bucks, 5. Port percent. Dual lingo, nearly 12 bucks or 5%. Charter communications, 10 bucks, 3% Moderna, 9% or 9 bucks. The downside is super micro computer down 58 bucks. That's a 5% move. Eli Lilly out 30 bucks or 4%. Lamb research down about 3% or 27 bucks. Hasn't been holding 27 bucks the downside and Facebooker met it down 19 bucks. That's about a 4% move. Now Friday's action may be kind of important. Why is that? Let's go take a look at all of the topping signals that were formed on Monday. And we're going to take a look at the indices out there. If we go take a look at the equity future contracts, we're not going to see much out there. So we don't exactly have a unanimous vote just yet on the top. If we take a look at the Dow Jones, the cash in the seal, we've got a jail. It didn't change the start charts out here. This formed a Roadsman Diminicator top back on February 26th out there. So it's already got its topping pattern in play. If we take a look at the S&P 500, the S&P 500 formed a Roadsman Diminicator top. Prices blow. It's also a change line. It's trading into a swing point from back on March the 5th. The Nasdaq 100 confirmed a Roadsman Diminicator top as well. The Russell 2000 confirmed a TD-9 count top. The Semiconductor next generated bearish and golfing candle on Friday. That confirmed a Roadsman Diminicator top there. The Transports already had a Roadsman Diminicator top. That formed on February 13th. The Nasdaq composite, the big one, confirmed a Roadsman Diminicator top as well. The New York Stock Exchange, it's in a world of its own. But right now, prices trading below that green oscillator and change line. So it's telling us that it has lost its momentum, but we don't have any kind of a topping pattern there. But you could see we've got topping patterns in the other primary indices out there. So do we have a top? Time will tell. If we take a look at the equity future contracts, I'll put those up on our screen right now. Let's take a look at those. Equity future contracts. Let's look at the daily and the weekly time frames out here. So the top row is going to be daily. We have rolled over into June. So we're looking at the June contract out here. Again, no topping pattern. Just a consolidation with inside his profile with support in the strong area of 5130 to 5150. In the case of the NQ, no topping pattern as well. Price right now is testing the top of that daily profile. But it does close underneath that high, that high at the top of the profile being at 17... what is it? 18224. If price were to close below 18224, well, then we'd likely see it move back to 18026. And it's an 18026 area that's the real key. This is a bearish structured profile. And if price were to close below that, that would tell us that this is more than a counter trend moving to the downside. Now, that could be just telling us that price is going to seek out support at the 17761 level. Again, we've switched over to the June contracts. These are new profile levels than what we took a look at last week. So worth noting on your pad of paper, the Dow equity future contract. No top out there. But price has been trading with inside that profile for the last five sessions. 38779 is support. 39314 is resistance. And the Russell 2000 did generate a rosement demindicator top out there. I'm sorry, a TD9 count top, just like it did on the Russell 2000 cash indices, just like it did on the IWM. Right now, price is testing OUL support. It's actually below it. It being 2100 even Steven. We're 2091. If price closes back above or holds that green oscillator change line, then it signals neutral. Whereas if price closes below it, tells us that we could be pulling back further. Now the pullback further inside the Russell 2000 at the moment because it does not have a new profile or anything is down at the 2034 level. That's its level of support and that would be the Russell 2000. If you look at the bottom row out there, that's the weekly time frame. You can see TD9 count tops for three of the four, the ES, the NQ and the Adawakari future contract. In the case of the Russell 2000, may be trying to form an A to B equal CD to the upside pattern. But there's no TD9 count top. There's no top on the weekly time frame. There is most certainly on the daily time frame. So now it's really key to be watching that oscillator and change line. Even though we've got a top out there, remember when you have a top all it really is telling us that price should pull back to test support. Well we're looking at those support levels now on the daily and the weekly time frame together. In the case of the ES mini as an example, there is a new profile that is formed here. That new profile formed above the prior profile. That's a bullish signal from a profile standpoint. Support here is at 5089. 5122 or so is the level where price should pull back to to test. That's at green oscillator and change line. If that level holds, then it, well we would have a neutral signal out here, neutral to bullish what Stevie would say. And the NQ right now is testing that profile as well as the top, which is the top of its box for the weekly time frame. Then you know the problem is I've got the I don't have enough data on the Dow and the NQs. I don't want to look at those profiles and give you those as the key areas to watch out there because they may not be accurate. But we can see if that is accurate out there. And that says that if today the NQ or the week, really it's a weekly chart we're looking at, but if we do begin seeing close below 18178, that would suggest that we see lower price out there. We look to the daily time frame for those areas of potential support. In the case of the Dow equity future contract, same thing out here. Now this is forming a new profile. It's bearish in structure. So the key level to be watching there is really 38, 831. But right now it's still that green oscillator and change line. That's at the 99,000 even Steven. The price flows below that. Odds favor a further move lower. So that's the equity future contracts. Daily and weekly we took a look at the cash indices out there. So is it a top or not? I don't know. We're certainly pulling back the test support. We break support and it is a top. If we just test support well, then you know what we see here that's going on across the globe. But this is an international rally here in the U.S. that would continue. Steve Rhodes with TFN will be right back. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. 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Last week we had some S-O-X-S may want to buy a little bit more this week had some huge volume on Friday just looking to see where you think it can go in the next couple of weeks so to really answer that question so these eight stocks out here Tom and you probably know this but I want to share this with others out there these top eight stocks right now represent 53% of the holdings with inside the Semiconductor Index those being NVIDIA, AMD, Broadcom, to really answer that question we really want to understand what's going on inside these eight stocks since they represent 53% of the weight and we'll go and take a look at the Semiconductor Index we'll take a look at S-O-X-S for you as well try to give you some signals but we take a look at NVIDIA NVIDIA on Friday generated a rosement to mitigate our top it also generated a sell the D point pattern and it did that with generating that bearish and golfing candle price right now what's also transpired is that there's a 20- yeast on the record level and it'd be 821. 60 So I wouldn't be surprised to see price pulled back to the 21. 60 level out there whether it holds or not it's actually the way that this profile is formed it's above the prior profile it really says that the bull's trend would stay in place unless we see a close below 821. 60 now the other level be suggesting price moving up towards one of those new profile levels either at the $897. So that would be much a move $897.80 or $935.90. We take a look at AMD. AMD formed a Rochement Dominicator top on Friday, generating a bearish shooting star candle. This morning price gaps down and it's below that oscillator and change on a $203.66. Watch that $203.66 level. What price should do here as long as it remains below that green oscillator and change line, Tom, is pull back to test the 180405 level atop that daily profile. Avgo. Avgo formed a Rochement Dominicator top about a week ago. It did it with a three river evening star candle formation. That remains in effect. What price is doing right now, Tom? It's back inside its profile. Its key level of support or first key level of support would be a $1223.31. So you're going to need to see close of low $1223.31 on Avgo, $176.34 on AMD, $821.60 on Nvidia. In the case of Qualcomm, it's got a TD9 account top, but it hasn't even made its way back to that green oscillator and change line. It's above profile levels. It's above that. It's really a neutral signal. $167.55 is an area for you to watch. If in the case of Qualcomm, price close below that, that would be telling us it's lost its momentum and it should pull back further. How about Intel out here? Intel is trading above the top of its daily profile. Maybe signaling to move back up to the $45.41 level. How about AMAT? AMAT does not have a topping pattern, but it is trading back inside its profile. And it has support at $194.24 to $196.33. Watch that area. Price close below that. $167.50 would be up next. Marvell. Marvell has a Rosemont Dominicator top. In this case here, this is the bearish of so far of the other six that we've looked at. This is the most bearish pattern. Why? Because as a Rosemont Dominicator top, it has price trading below the bottom of a new profile that formed on Friday out there. That suggests that Marvell wants to try to get back to $59.95. Now, I'm not looking at the weekly chart. And one would need to do that for sure to understand where a level of support could be. If we take a look at Taiwan Semiconductor, Rosemont Dominicator top there, new profile that has formed. And that says that you've got support at $136.53, resistant $145.90. So based upon these charts, based upon the weighting of these charts, based upon the profile levels there, it sounds like you took a fairly large position on Friday out there. So kudos to you there. You've got to watch these levels until they break. It'd be hard to say whether we're going to get a substantial change in trend or not. But let's go look at the other charts for the Semiconductor index itself. I'm going to change panels here. If you give me a moment, I'll leave on my panel too. I hope I am. Let's see. Screen, I don't know if I am or not. No, I think that's one. So you should be seeing now, yeah. So on the left-hand side, you've got the quarterly chart for the Semiconductor index. There is nothing. Well, I take that back. I say there's nothing bearish. Hold on, Stevie. I see a wave number seven. Yeah, I see a wave number seven bottom that we're in. Now, that requires a lower high on a quarterly basis in order to confirm that pattern out there on a monthly basis for the Semiconductor index. Well, it depends how the month ends. We're too early into the month. If we did get a bearish reversal candle right now, it shows up as a shooting star. No idea whether that's what it will be. Come a month then, that would confirm atop. The weekly timeframe chart needs to close this week above the close of bar number five of its TD9 count. Then that's at 45.2768. If price close above that, then you've got a TD9 count top. That would then tell us, Tom, you'd really be watching that green Ossetian change line on the weekly timeframe at the 4667 level, the daily timeframe, much like we took a look at for the top components in their confirmed erosement and indicator top. Price below is an Ossetian change line out there. But is this just a two-day pullback right now? All right, we had closed lower. Friday, where it looks like we'll close lower today, we know that in a bull market, you typically see knee-jerk reaction lows at last two to four consecutive trading sessions out there. So we won't know until we really move along here, Tom, whether this is a top of significance or not out there. You get a top on the monthly and the weekly and the daily timeframe that I would say is a top of significance. But the monthly chart here, we've got more time left, so I don't really know where to go with that. So hope that helped, John. Now you do want to take a look at S-O-X-S and you want it to see levels out there. So let me actually close these charts out as I take up a decent amount of resources and we will flip over to take a look at S-O-X-S. So if you give me a moment here, we'll pull up those charts just to see if there's some levels there for you to watch. But really, you're really watching those top eight instruments and the actual indices itself. If we get a moment out here, I think it is this one that went off. Yeah, so if you take a look at the S-O-X-S on Friday, what it confirmed was a buy the D point pattern. It was a bullish engulfing candle out here. Now, Tom, what I don't have, so the profile levels here in S-O-X-S are way up higher. So I don't have any support other than the low of Friday. If you see it close below a low Friday, this is not the place to be. Where's this headed to? I just have to look to the last swing point high. And that was back on February 28th. So perhaps price is going to go target 413 to 406, 418 to 406 would be the area. TD-9 account bottom potential on the weekly timeframe and the monthly, there's really nothing for us to look at there. So I hope that helps you out. Now, again, I mentioned the two to four bar rule out here. Here's S-O-X-S. We can see that the last several, now this has been moving in a downtrend, right? Been a bullish market. So this is the opposite. This is the bearish position out here. Well, we can see the rallies have lasted two bars recently in the past several weeks out here. So you see a number of two or three bar rallies out there. So you want to keep an eye on that as well. That's just like a normal dance step out there. So Tom, thanks for writing in and hope that helps you out and thanks so much for your request. The next week is what was Jeff to ask about. Oh, I think we got a caller. Hold on a minute here. Give me a moment. We do. We got Bill and Jupiter. Bill, thanks for holding and do me a favor. Continue holding. I just realized we're going to a heartbreak out there. So sorry to pick you up there. But when we come back to this break, we're going to go out to Bill and Jupiter and we're going to take a look at the 30-year treasury. Steve Rhodes with TFNN. We'll be right back. 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Investing in the funds involves significant risk and should only be utilized by investors to 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, Four Side Fund Services, LLC. Welcome back, folks. Let's go out to Jupiter, Florida and speak with Bill. Bill, thanks for holding. Thanks for calling. How are you this morning? Very good, Steve. Thank you. And by the way, fantastic analysis of the markets. I need to be watching every Monday morning. I can't miss that. That was terrific. Well, thank you very much. I appreciate that. Thanks for listening in. I know you want to take a look at the 30-year treasury. We talked about this last week, I believe, sometime. We know that the 30-year treasury completed a TD9 count top last Thursday out there. How can I help you with this instrument? Steve, it appears to be stalling, but these things sometimes take time to get moving in the direction they appear to be going. I know the 30-year is overbought, but I'm wondering what your thoughts are. Is it still overbought and does it appear? And one of the reasons I ask is I looked at the open interest, and open interest is completely gone. So I'm assuming this thing should come down, but it's not reacting that way. It seems to go back and pull up over that 121-23 level. Just want to get your thoughts on that. Okay, so when we take a look at the 30-year treasury, I've got multiple timeframes that we're looking at here. And it's important to understand what's going on for each time frame. So for example, the 30-year treasury for its monthly time frame, you need to see a close blow, 118. In order to tell you that for that time frame, it's going to have some big downside traction. Other one, 118, even Stephen, is a support level. On the weekly time frame chart, it's about 119 is a key support level. That's at Osseter and Chainsline. So those are two numbers, just simply to note. Now let's get to the daily time frame, which is what you were really speaking about. And on the daily time frame, we can see, since that TD9 account, let me just simply expand this out just a bit. So we're just looking at it. The TD9 account formed on Thursday of last week. What that suggests, folks, is that price should pull back to test support. What support here would be that daily green Osseter and Chainsline. And right now, that's printing out at about 121, Bill. Okay, so I have 121 on my pad of paper out there. We do see a sideways move, really over the last three days out there. Now there's a brand new profile that is forming as we speak right now. This profile is a different calculation. It's a different set of profiles on my white background chart and the black background chart. Unfortunately, that happens at time. I've learned to use that to an advantage for us as opposed to a confusing thing. Right now on the white background chart, Bill, that you and I are looking at, this is forming a new profile below price. That's a bullish message. If we go switch over to the black screen, it's a profile that's formed within price out there. So this white chart, I want to stick with this chart right now, what this is telling us that price should pull back to about the 120, whatever, 75% of the 30 seconds is. So in that range is where price should pull back. If price pulls back and finds support there or maybe it gets down a little bit lower to that green-acid and change line, that might be the extent of the move. We don't have anything to suggest that this is not going to move lower. And when I say anything, what I'm looking out at right now, Bill, it's very subtle, but since the TD9 count pattern formed on Thursday, we have a lower high on Friday, we have a lower high today on Monday. Now we haven't taken out Friday's low out there, but at least we have a little series of lower highs. If I, any questions about the charts that we've looked at so far? No, terrific state, understood. Okay, so if we take a look at anything else, let's say intraday charts out here, I don't see any bottom patterns on the 30 minute chart or a 60 minute chart. However, the 60 minute chart does tell us some important information. And that is that if this is going to get downside traction on the daily timeframe that you're looking at, you need to see a close below 121.11. On a 60 minute timeframe, that is where price had broken out from. That breakout took place, let me get my cursor out here. That breakout took place at 5 a.m. back on March the year seven. That set up a very objective level of support, it's breakout air. We can see that prices test that level, one, two, three, three different occasions and it's held. So we've got a very strong support level there at 121.11. That's the area that you'd be looking at to see price close below to tell you that you're gonna get some further downside traction out there. And that's what I see when I take a look at all those charts and timeframes. Any questions about that or anything else that I can provide for you? No, fantastic Steve. Yes, just your thoughts on the open interest and what it means if anything or any significance to it. As I've been looking at the ZB the 30 year open interest is like dried up, it's completely gone. I guess that's probably why it's going sideways. There's no commitment one way or the other. Yeah, so you ask a great question and if I could answer it or I could provide you with some additional insight, I would do that. My suggestion is I know that Basil follows open interest like a hawk and he integrates that into his trading system and I believe that Larry does the same. So my suggestion with regard to an answer for that question would either be to write them or call into their show because they could provide you with better information than I can. Sorry about that, but I have to be honest. So I don't have to be, but I am. Now are you terrific Steve? Really appreciate it. Thanks very much. Thanks, you bet. Thanks for calling. That was Bill in Jupiter. Now let's go out to Martinez, California and speak with Brent. Hey Brent, thanks for calling. Thanks for holding. How are you? How was your weekend? I'm doing quite well Steve. That a great weekend. How about you? I did not enough of it, but I'll look forward to the next one that's coming. Actually the next one, next weekend we go celebrate my mother-in-law's 96th birthday out there. So that's gonna be a, that'll be a cool party, I think. That's fantastic. Yeah, 96, all of her faculties really. I mean, it's great, it's extraordinary. So I get to talk to her about the 1920s all the time and she's got early childhood memories. I wish I had her memory. I can't remember back as far as she does. But I know that you called to take a look at PFE out here. What are you doing? How can I help you? Well, just one thought on what you're talking about. If you haven't done it already, I would recommend doing it. It's worth actually recording some conversations just because at some point you're just not gonna remember a thing. You're at least write it down. Just take notes on this historical fact that she was a part of. Because it's something I were not doing with some of my family members that have since passed and there's no way to go back and do anything. Once that's happened. That's a great idea. I've asked her to write a book because she questions, her biggest question in life is why am I still here? She does have a sister. She does have a sister that's still alive. She was two years older, but she doesn't have all of her faculties and so forth. So it's a, but I've asked her to write a book. Why are you here? Write a book. Talk to us about what you've learned throughout life. It's a wonderful thing. So that's what I'll be doing next weekend, folks. I won't be here in Delray. We'll be celebrating her birthday for the entire week. So looking forward to that. But Pfizer, again, I know you call the talk about, I think you called the talk about Pfizer. How can I help you? Well, I've seen Island Bottom, Steve, on the daily. Yes, I see that too. And at that low, it tested the low back December 13th, which have much greater volume. So I just wanted to get your thoughts on what you think about, you know, potentially being at bottom, what else you might see. Okay, excellent. We're going to a break, Brent, please hold on. When we come back this break, we'll finish looking at Pfizer and be right back. 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Before investing, carefully consider a fund's investment objective, risk, charges, and expenses contained in the prospectus available at direction.com. Read carefully. Distributor, foresight fund services, LLC. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Clock charts here for Pfizer. We're doing that with Brent and Martinez, California. What these stock charts show us on the daily timeframe is Brent identified. We've got a nice little island bottom pattern out here. That formed over the trading days of March the 1st through March the 6th. And that confirmed erodesment of indicator bottom. What we have going on right now today, Brent, is price trading above resistance and resistance being 2746, the top of its daily profile. The next area of resistance isn't much further than where we're at right now. And that would really be the high of February 20th. It was a bear shooting star candle. It wasn't confirming anything, but still a bearish candle can help us to identify support and resistance levels. So the next resistance area is going to be 2814. If price can close about 2814 on a daily timeframe, then we're pretty much looking at the 2986 area. When I look at the weekly timeframe chart, last week confirmed a erodesment to indicator bottom pattern. Did it with a bullish piercing candle. Price is traded with inside a bullish structured profile. Here I would say if price can close above the high from the week of February 23rd, and that would be a 2814, its message would be that price should go target 2915 and that is the top of the weekly profile. The monthly timeframe chart does not have a bottom pattern. However, you could get a key reversal bar this month and that would confirm a buy the D point. So nothing on the monthly to assist us right now out there. So the real question, and I did this because I had a little bit of time during that breakout there. Brent is on a weekly basis. So if somebody would ask me, what do I believe is the strongest of all the patterns that I share with each and everyone each day? It would be that erodesment to indicator pattern, both for the highs and low, but mostly for the lows out there. Most patterns folks, as most people know, the patterns typically work better at bottoms than they do at tops out there. But if you put a complete tool package together, you can still identify those tops as price goes through support levels. But here's what I did was I put up, I generated a weekly chart. I just went ahead and created a bar chart makes a little bit easier to go back and forth. And now, even though there's a signal, diagonal signal, that doesn't confirm a bottom. The way that this pattern gets confirmed is with a bullish reversal candle out there. So what we can see here is you've got that bullish piercing candle that formed last week. If we pull this stock chart back further and go take a look for other weekly, want to understand what's the importance of a weekly erodesment to indicator bottom out here. If we take a look at the next one, this takes us back to 2009 on a weekly basis. How about that? And that gave us that bullish reversal candle the week of April the 17th. Oh, I take, here's another one. So then price ends up pulling back into the July 9th, July, week of July 9th, just before that. And that creates another erodesment to indicator bottom. So those two indicated to us, those are pretty solid. Let's go back further. Here's another one that forms back in December of 2005. That was a pretty significant bottom out there. Let's pull this back further, see if we've got anything more. No, that's it. So that's all the data that I have. So what I would say, Brent, is that what we got on the weekly timeframe last Friday could end up being, that we could end up seeing a fairly significant rally out there. What say you? I'd say that's great news. I appreciate it. Ah, okay, all right. So price look, even though we've got all that, it still boils down to now the ABCs of things. And that is that price still has to prove itself to us by taking out these resistance points. But at least we know where they're at. We know where those battles will be. And you know that you, I assume that you're long here and you know you've got some pretty good support at your back. You know, you've got enough patterns to really justify why you're in this position. You may be in it for a while. I would say that if price can clear the 2915 level, then you're at that 2986 and above 2986. The next area would be in the 30s. Right now I'd say about 32 or so, but anywhere between 32 and 36. So that's the overall view of Pfizer. Brett, is there anything else that I can do for you? No, Steve, I think at this point we've talked enough. It's almost like you know what I'm gonna really want to see before I even express it to you. It just kind of happens. Perfect. I appreciate that. It's like you guys on top of what I'm looking for. And by the end of our conversation, I have exactly what I was hoping for. Good, excellent. Hey, Brent, always good to speak to you. Thanks so much for the calling and the idea to start, for me to start taking notes when I'm speaking with my mother-in-law out there. So I'm gonna do that. And we're gonna do that on Saturday and Sunday for sure. Absolutely. So good to speak to you, I'm looking forward to joining. Oh no, it's great to speak with you, Steve. I didn't mean to interrupt. I was just gonna say that yeah, it's really for me it's more family history. Yes. Things that I just, only way to know is, I mean they just have been around it long enough to kind of know what happened in the past. And it's just, once that has gone away, it's really hard to retrace it. So it's much better to do it while you can still do it. Absolutely, you know, absolutely. So what's great is that usually we pick her up and I go pick her up and bring her over here and it's a couple of hour drive. So I get at least four hours, you know, and she's not sleeping. I know I know it's driving wants to go to sleep. She's wide awake. So it's a cool thing. So anyways, enough of that. Let me get on to some other requests out there. And always good to speak to you. And I look forward to our next conversation. All right, thank you so much. You've had yourself a great week and of course today as well. You bet. Brett de Martinez, California. Let's go to some requests, some additional requests that have come in. Let's see what I can get through out here. Hopefully everything. So we had a request to take a look at, I don't know if that was from Friday. We had a request to take a look at Apple from Jambalaya. So let's pull up the charts for Apple. Steve, he's just got to get to them out there. And his question specifically, is Apple based in getting ready or is it getting ready to get roasted and toasted out there? Well, here's what I can share with you, Jambalaya. On Friday, what Apple did, Apple confirmed a by the D point pattern. Oh, we've got another caller. Okay, well, let me just get through this. Apple confirmed a by the D point pattern when it generated this three river evening star candle formation. It also had generated a TD sequential, Tom DeMarc's sequential signal back on March the 5th. And that requires just simply a close above the closed four bars earlier. Well, we're going to get that today. It looks like inside of Apple. Now, the key area here, Jambalaya, that Apple needs to get above is a Saucer and chainsaw. So we can see the prices rallied into a resistance level, a key resistance level at 17386. If Apple can close about 17386, you've got further rally. If we look at the weekly timeframe chart, Apple pulled back to its breakout area at 1742 and it found support. It also has its bullish structured weekly profile that has a buy zone between 172.09 and 174.33. So the answer to your question with regard to is Apple going to get roasted? The answer to that would be yes. If we see a close below last week's low and last week's low inside of Apple is 168.49. So that's the area to be watching. I hope that helps you out. This looks like day number two of a rally. It's not unusual. Remember if we're referring to Apple has been in a bear market out there, we certainly shouldn't see a rally that last more than four days. If we do see a rally that lasts more than four consecutive days, that's telling us that these bottoms are pretty solid out there. So I hope that helps you out. Let's go out to John in Philly. Hey, John, thanks for calling. Thanks for holding. How are you today? Steve, I'm very well. Enjoy that trip next week. And Steve, I wanted to ask you would just post up your panels of charts on two items, please, by the end of the show. One is an ETF, ticker symbol, ASHR, Albert Sammy, Henry Roberts. Yes. And that, Steve, just for your knowledge, I've never spoken to you about this in the past. This is an ETF that in my research over the past 10 years most closely tracks the Shanghai Stock Exchange Composite Index. Got it, okay. I'm longing this from about a month ago, and I'm wondering if you can put up both the daily and weekly charts and tell me what your indicators say about this advance, whether it's giving clues of short-term tops or if it's in true rally ramp mode. In the second symbol, before we go to the break. The second symbol. Very good. No, okay, zero to the table and we'll be right back. 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 prices. Get the opening call newsletter by Basil Chapman in your inbox every day. First-time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com, educating investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything, from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years' experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today, TFNN.com, educating investors. Are you ready to take charge of your financial future? 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TFNN Educating Investors. Welcome back, folks. So I've got the Shanghai Index up on my screen first. Now we'll go take a look at the symbols or the ASHR charts out there. And what I wanted you to know, John, is because we're gonna get two different pieces of information, which is why I went ahead and put this up on our screen. So the actual Shanghai Index formed bar number eight of a TD9 count today. So that says that by Wednesday, this should complete a TD9 count pattern. Now, what that would then suggest that price would at least pull back to its oscillator and change line. We had a TD9 count pattern that formed out here back on February 27th. And in essence, that's what really took place back on February 29th out there. If price were to break through that, then that would tell us that you've got even a further retracement to deal with. So you're likely in the Shanghai Index to get a TD9 count top between today and Wednesday. When we take a look at ASHR, we don't have that message. The message we have here from ASHR with price being above profiles that it wants to go target is TD9 count breakdown resistance level. That's at 2521 out there. That's just next to area of resistance. If we look at the weekly timeframe, the weekly timeframe has a beautiful Roadsman Diminicator bottom, the daily, I'm sorry, had a TD9 count bottom. The daily had the Roadsman Diminicator bottom. The monthly has a TD9 count bottom. And you can see on a monthly base here, John, price running right up into resistance, that's at oscillator and change line. So that's basically where we're trading right now. There is another resistance level just above at 2509. If price can close above 2509, then this thing should continue to motor on higher. I would say 2720 would then be the next target out there. So that's what I see when I take a look at ASHR and the Shanghai, and I hope that that's what you were looking for out there. I think you also wanted, but I could be wrong, the church for Alcoa, A is a ticker symbol. And on Friday, this generated a Roadsman Diminicator top. Right now we've got a new daily profile out here. And the support on that profile is going to be at 143.13. That's also just about it's oscillator and change line out there. That's what we would expect price to pull back. I don't have any kind of a top on a weekly basis or a monthly base. So it looks like really just a short-term topping signal for it. So we didn't get to all of the requests out there. My apology for that, but I will make sure that we get to those requests, which were for Coca-Cola, Roeblox, Carvana, and some of those gates inside the cartons. So I'll be able to post those charts in there in just a few minutes for you folks. So folks, stay tuned for all the great programming. Have a marvelous Monday and I'll look forward to seeing you again soon. Take care now.