 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 terrific Tuesday, the August 24th 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, and I mean always be, pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. Hey, let's make sure we have an extraordinary one. And the easiest way to do that is to always remember that life is happening for us, not to us. That's right. We need to make that one little two-by-four shift. Well, it means we can find a 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 the bulls and bears, what those buyers and sellers are communicating to you and I just past one o'clock in the afternoon. I want you to know I'm absolutely grateful for your presence here. More important than that, 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 in 877-927-6648. If you can't dial in, well, we've got you covered there too. Let those fingers do the walking. Go ahead and send me an email, Steve, at tfnn.com inside the subject heading. Please put radio show question, of course, in our Tigers, Dan. Well, any 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, all the U.S. indices that we track our trading to the upside. Dow's up 62 S&P8. Nasdaq 139, Russell 15. Summizer up 8. Trendy's up 51. New York Stock Exchange 98. Composite 64. Wilshire 171. And the Spotball Tenix is up 4 pennies. Not a big deal there. It is still below its 50-day exponential moving average. Goldilocks is up 2 bucks. Silver's up 25 cents. That's 1%. Running right in. It's trying to take out the resistance of its daily profile. Perhaps that's a message to us about Goldilocks. Gold, I think. Lights we accrued, I should say, is up a buck 90. Trading out a 67.54. Natural gas back about a nickel in the 30-year Treasury. Dow 21 ticks. Trading out at 165.05. So let's begin by taking a look at the markets. We have a question that came in from Eddie. This is Eddie in Boca. And his question, he's got two really, integrates right into taking a look at general markets and what they're doing here. Since the Dow has been range bound on a 10-minute chart. I'd say probably on any minute chart out there. Fluctuating 60 points up and down in a rectangular pattern. Why do you think the Dow is having trouble busting it up? Is it Powell's, Jackson Hole's speech? Absolutely not. What it is, is where the sellers reside. So Eddie, if we take a look at, for example, the weekly set of profiles out here. So you've got the ES, the NQ, they're on the left. And then you've got the Dow. That one, in the end we have the Russell 2000. What you're interested in is the Dow. And you can see on a weekly basis, granted the week's not over, it doesn't matter. But this tells us where the sellers reside. And the sellers are at 35, 354. That way, I don't have to give you a BS answer. I would have had to have been a BS answer before Steve had these TAS market profiles. But now we know that you and I, we have a competitive edge out here. And we know where buyers and sellers reside. And these profiles are just simply wonderful tools out here. If you take a look at the profiles in the ES and the NQ, they're priced as well above those. Those are weekly profiles, by the way, that we are looking at. So Eddie, I hope that answers your question or it should answer your question. Will price be able to take that out? I don't know. Certainly the ES and the NQ have. So perhaps the Dow will as well. If we go back to the daily timeframe out here, here on the daily timeframe, the pattern is in play inside the ES meaning. Now price is rising and doing so with less relative energy. And what that means is that, is that, what that means is that if there's a bearish reversal, sorry, I got a text from a friend of mine and I shouldn't have looked at it. So, but I'm expecting a birth announcement here shortly. And that was a different person in any event. They stopped that. So short of a bearish reversal candle, then the ES mini is going to target the 4600 level. That's the A to B equals CD pattern. The NQ has an A to B equals CD pattern as well, but it also has a consolidation breakout. So the A to B equals CD takes you up to 15, 438. By the way, that's just the one to one. That does not mean that's where price is going to stop. And there's also a consolidation that measured move, which takes us to about the 15,500 level. So in the case about the ES and NQ, they both have rogement and indicator signals triggered. But just being triggered doesn't mean anything. I mean, just take your umbrella and be on the lookout for rain, which in our case here would be a bearish reversal candle. Then that would generate some type of short term topping signal. In the case of the Dow just dealing with these sellers at the top of their weekly profile. In the case of the Russell 2000, it's dealing with these sellers at the center of its weekly profile, which is right at the 2223 level. And 2223 also happens to be the center of the bearish structured daily profile. Let me turn the weeklies off here for you for a moment. We get over here. Let's edit this chart. That way you'll be able to see it. So the Russell is right up against a significant group of sellers. The weekly sellers, let me do this here. First, I'll just turn on the top of the profile. There's a top of the weekly profile, 2322. Now I'm going to turn off all of the weekly profiles out here and just concentrate on the daily. And you'll see here at the 2223 level, so the center of a profile is where you have both buyers and sellers believe there is fair value within the range. What's the range? The top and the bottom of the profile. So the Russell 2000 is 2252 at the top, 2137 at the bottom. So you've got both at this level here, 2223, significant resistance. So Eddie, even though you didn't ask about the Russell 2000, you're getting a twofer. You've got the Dow right here at resistance where the sellers reside and inside the Russell 2000, those are weekly sellers, and Russell 2000 is both weekly and daily. Now if price can overcome those levels, that tells you about the move to the next level. The next level in the Russell would be 2252. The next level in the Dow equity future contract is going to be it's all time high. That's the trading high from August 16th, and that's up at the 35, 547 level out there. Let's go take a look at our nine panel market update charts. We had a little technical issue with regard to visually being able to see these charts out here. And of course, to a certain extent, to understand what the major markets are doing, all you have to really do is tune into the one o'clock update out here because this sort of covers it all. If you take a look at the EES mini, you see that in the upper left hand, we've already covered really the top row with the exception of the spot volatility index. So if the spot volatility index were to close above its 50 day exponential moving average, that's 1779, no indication that that's in play. But it could be, you would want to be, if we did see a close above that level, that would, we would likely see, we might see some type of various reversal candle in the EES mini. We're not there yet, but you want to have that down on your pad of paper as something to watch out for. The US dollar index, we talked about the Russell and the Dow equity future contract, sitting where buyers and sellers are, so too is the US dollar index. So the US dollar index has a new daily profile, the center of which is at $92.98. Price is trading right now at $92.97. You think it's sitting there right at resistance? So the Dow US dollar index hasn't really budged much. Neither has gold, silver has budged, and right now it's trading above the top of its daily profile. The top of the daily profile is $23.89. Now you should also notice in the silver chart, that's the center, that's row number two, and column number three, what you should also see those green lines are the weekly TAS market profiles. That is a bullish TAS market profile. So silver can close above $23.89, its next target is $24.34. And if price can close above $24.34, we're looking at $30 in change as the next move. Like sweet crude, she's headed to $69.39. Steve Rhodes with TFN, we'll be right back. 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 TFN, 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. What's separating you from the most successful men and women on Wall Street? That's right, information. Having all the information gives us the perspective we need to place the right trades at the right time. The TAS Profile Scanner is the premier market profile-based scanner. Powered by its acclaimed TAS proprietary algorithms, this feature-rich scanner instantly filters over 2,500-plus global financial markets, such as stocks, ETFs, commodities, futures, and forex. This powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades before they happen. 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From the moment the market opens until the closing bell sounds, TFNN TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN Educating Investors. Call now. Toll free at 1-877-927-6648 internationally at 727-873-7618. Welcome back, folks. So let's go to a couple of requests out here. Eddie had a second request, which was to take a look at NVIDIA. So let's get over to our three time frame charts out here. NVIDIA trading above the top of its daily, weekly, monthly profiles. It's a new all-time hire. Basically, yesterday hit a new all-time high out there. So everything here looks hunky dory. Let's go take a look at the white background charts. In the white background charts, what do we see out here? We see prices moving higher with less relative energy. Again, a signal that we've gotten the EES and the NQ. But other than that, that's just beyond the lookout for some type of bearish reversal candle. That is not what today's candle is. And so NVIDIA should continue to move higher. The daily again, no topping pattern that is in place out here. The same is true for the weekly chart. So that looks very good. And as I look at the monthly chart, that looks good as well. So topping signals out here. NVIDIA should continue to move higher. Eddie, I hope that helps you all. Thanks so much for writing in. We had a request for the SMH for Danny from New York out here. So the SMH is Danny's trying to follow the ETF that tracks the semiconductor index out here. So here's what we can share with you at the moment. If we take a look at the daily timeframe out here, the daily timeframe shows that prices run into resistance, resistance where the sellers are at, and that is at the top of their profile. And that level is $263.96. Now, even though price has not been able to take that out, that doesn't mean that you need to sell. And there's also resistance at the top of the weekly profile. So the resistance range inside of the SMHs are $263.96 and $265.85. If price can clear those level, then it's off to the race. There may be another level here for us to take a look at. That level being the titty-nine breakdown area, and that's on the daily timeframe chart. So that's $268.71. So even if price gets above these areas where the sellers are at, there's another round of sellers that are sitting at $268.71 out there. So just simply, and price is above, it's green oscillator and change line, which is one of the reasons why there's no way I can say, hey, sell this out here. I'd have to go to a 30-minute chart and see some kind of breakdown. We don't have that. What would be a breakdown? Well, the first breakdown would be a close below $263.04. That would just be a little junior breakdown. So the SMHs look strong like bull, and there ain't no bull out there. So I hope that helps you out. Danny from New York. The next request coming in from Dan in Boston. So let's go take a look at that. The ticker symbol here is... Can you look at WKEY? We can. Is that Workday? No, that is Wise Key International out there. Wise Key International. Let me get this going on my other set of tools out here. So here's what we know. Beautiful day today. Price is taking out resistance, and so is attempting to, Dan, the top of its barest structured daily profile. So close today, as well as tomorrow, above $7, says we go to the next level. Well, where is the next level out here for WKEY? Right now, from a profile standpoint, that next level would be $8.84. That's the bottom of its weekly profile. So it looks like $8.84 becomes the target. Let's pull over Stevie's white background charts, see what other kind of signal information is out here. And on the daily timeframe, not a zilch, nothing. Bar number five of a TD9 count. That doesn't mean anything to you at this stage here. This says price could be targeting $9.89. $9.89 is where, on a daily basis, WKEY in Cincinnati would tell you about a change in trend. Now that's quite a bit higher. You're at $7.20. But right now, this looks more bueno. If we take a look at the weekly timeframe chart. The weekly timeframe chart shows price is above its oscillator and change line. Danny, I'd like to see a close above $6.90, $6.89, somewhere in that area out here, because that would suggest getting up to that next resistance level of the $8.84 range. I don't think the monthly is going to give us much. It's not. So not much else really for me to do out here for you with regard to WKEY, but it does look like it wants to continue to move higher. So I hope that helps you out. Thanks so much for the request. There were other things that folks in the den were taking a look at. So let me just take a look at a couple of those. They weren't really request out here. One, I believe, is INMB out here. We're just going to look at the white background chart just to provide some additional assistance out here. That additional assistance shows that this instrument, which made a nice TD9 count bottom about a couple of weeks ago, trading inside a bowler-structured profile. You know, when price gets above the center of that, you usually get to the top of the profile. Well, it did that yesterday, and it's taking that level out today. That level is $18.87. Next up for INMB to the upside is going to be 2076. If price can clear that, that says you head back to its all-time high. If we take a look at the weekly chart out here, which had a TD9 count top pulled back, and where did it find support? I don't really see it right. Where it found the bottom was on the daily timeframe when it made that TD9 count. So we know why the bottom is in inside INMB, and it looks like it wants to continue to move higher. The next item that was being discussed, I believe, was Bitcoin. I think that is the August contract. I don't trade Bitcoin, but here what we have right now going on is potentially a Rosemont Demindicator top on the August contract. I'll go ahead and put the September contract up as well. You can see that price has moved higher due to less relative energy. Does that mean sell? Does that mean that Bitcoin is going to crash? No. What it means is Bitcoin is going to get back and likely test that oscillator and change line, which also happens to be the top of its profile. So 46,835 should be a strong level of support if that holds. Then you really have a neutral to bullish signal because key support will have held, but you might have this Rosemont Demindicator top. And if price can take out yesterday's high, 58,535 is the number. If price closes below 46,835, then price can move all the way back to 44,928 or 43021. Let's just see what the September contract here looks like. And give me a moment to, well, don't give me a moment. Let's give the chart. So you've got a similar set of patterns here on the September contract. And 46,915 is likely its downside target. Again, the top of the profile and a green oscillator unchanged line. So that's what's going on inside of Bitcoin. Let's see. Did I get everything that folks were talking about? I hope so. Yeah, I think I did. If I didn't and you have a request, would you be kind enough to go ahead and type that in? Here I'll look for some additional questions. Hector and the fuel injectors. Hector wants to take a look at Newmont mining. NEM is a ticker symbol. And happy a two for Tuesday to you as well. So yesterday's move in Newmont was nothing more than a big fat dead kitty bounce. Really? So let's take a look. Let me get my other charts up here for a Newmont mining as well. Price is now inside of a brand new daily profile that is forming Hector. And as long as price can hold, $57.71, prices trading at $57.73, this would be a signal that price is likely to go target the $59.27 level. But let's take a look a little bit further, a little deeper dive into Newmont mining. What we know about Newmont mining is simply that it has a roadside indicator signal. I don't have a bullish reversal candle per se, but nonetheless prices above the oscillator and change line, it's inside that new profile out there. And so it does suggest that price could continue to move higher out here. Now you may get today's candle might be a little red candle, red body candle. Maybe we get that bullish reversal signal tomorrow. But isn't a dead cat bounce? My, let's take a look at the weekly chart out here, just for the heck of it. I mean, it's got that potential. It most certainly does. However, gold has formed a really nice bottom. I'll tell you what, we'll get back from this breakout of your Hector. I'm going to share with you and everybody else in the listening audience, Sumi and I can find it, a study on gold. And yeah, let me put this into a PowerPoint slide so you can take a look at it. And we'll discuss that as soon as we get back from this. Are you having fun trading the markets or having trouble finding like minded individuals to discuss your trading and investment ideas with? Become an apex predator in the trading markets and join the Tiger's Den trading room only at tfnn.com. The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas. Join the den and surround yourself with the sharpest minds in the trading world. Subscribers to the Tiger's Den are also to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows. Interact with other Tigers and Tigers as they share trading ideas, news analysis, and discuss the market action all trading day. 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We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of the Art of Timing the Trade Chart today by visiting TFNN.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Welcome back, folks. So we're taking a question here from Hector and Patty, the fuel injectors out there. And Hector's question was about Newmont mining. So I'm going to give a broader overview that then we'll take us back into some of those mining equities like Newmont. So the chart that I have up on my screen, the top portion of the chart is a GDX, the mining sector. The center portion is the gold contract. And the bottom portion is a correlation model. Now, what I have this correlation model set to is an average of three days out here. When the bars are above zero, it tells you about a directional positive correlation. And when they're below zero, it tells you about an inverse correlation. You can see that gold and the GDX basically trade in the same direction. And if you ask me which one is the dog, which one is the tail out here, I'll tell you that gold is the lead dog. And so the question becomes, did gold form a bottom? Well, there's an A to B equals CD. Let me show you. Let me see if I've got that somewhere here. I know I've got it somewhere. I've just got to be able to find it. And probably right here, I can take a look at this. So here you've got an A to B equals CD. Here's gold, silver, US dollar index. So here, as we take a look at gold, you've got a nice A to B equals CD pattern. This was confirmed with a bullish reversal candle out here. Price is inside its bullish structured weekly profile. The next level of resistance for gold is 1817. And to close above that, 1836-70. Okay, so we've got that established. Let's go take a look at this chart here. This is about 75, 85, 95, 2005, 2015. 45 years, 46 years worth of data. Okay, so that's what we're going to look at as soon as I can get this slideshow going. Slideshow from beginning. There we go. Voila. So this is a chart table, I should say. This table goes back to January 1st, 1975. And what it does is it takes every month since January 1975, all Januarys, all Februarys, all Marches, all April's, May's, June, July, August, September, October, November, December. Hey, pretty cool, huh? That I know all 12 months of the year. What this chart here is doing, this is giving you the odds of closing higher, of gold closing higher by month. And what we can see is, if we go back to 1975, as we enter the July time period, it's well above 50%. And as we get into September, it's a 60% chance. So you can see we've got this little nice little elevation out there, and it says, hey, expect maybe a pullback into October, like the general markets and so forth. But right now, I just want to focus on July, August, and September. And the reason that we want to focus on that is because we've got an A to B equal CD on a daily timeframe and on a weekly timeframe. And then when we just simply go ahead and take a look at the seasonality, so to speak, on a monthly basis out here, we know that what gold is doing Hector and Patty is entering the most favorable, the most favorable time period for gold, at least over the last 46 years. So for those reasons, I would say the answer is no. It's not a counter trend. It's not a dead cat, a dead kitty bounce. And instead, it's something more than that. And we should see gold and the mining equities continue to move higher. Now, I say should see. I can't control that. But what we can do is we can do the work to understand whether it's seasonal patterns, then along. Remember, if you get a seasonal pattern, what we're then looking for seasonal patterns as we're moving higher or lower, what we're looking for is some type of topping signal or bottoming signal. And in this case, we got it as Tom likes to say in spades because you got it on the daily and the weekly. So then we go back to where we go back. Let's go take a look at the XAU. Let me get that going out here. XAU and as we take a look at it. So this is going to, as soon as it finishes populating here. So now we take a look at the XAU. Again, we're looking at the sector. You can see we did get the bottoming signal yesterday. Don't pay attention to these profile levels. They're not accurate here for the XAU. So as we take a look at this sector, you can see yesterday's gap to the upside. That rising window was the confirmation of that road's momentum indicator bottom. So we've got a nice bottom pattern in the XAU. We've got it in gold on the daily and the weekly. And we know that July, August and September are the most favorable months for Goldilocks to close higher. Therefore, no, I don't think it is a dead cap. At least the chart patterns, the correlation patterns are really the ones that are signaling it to me. Now I'm sharing with you the exact same evidence. And maybe you've got a different way of interpreting it. If so, that's the beauty of the markets. You've got to take a look at both sides, right? If everybody just simply took a look at both sides of the transaction and we can include all the ongoings on politically and so forth and just everything, if you looked at both sides of the transaction, then you should be able to reach a fairly good consensus conclusion. So Hector, I want you to write me back as I've laid that out to see if in fact that did that or if not, you know what other question you might have or something that you want to throw to me. So I realize that the bounce per se inside of Newmont and its point back in testing support. Again, that's the support of the bottom of that new daily profile that's out there. Maybe it didn't look that great to you, but I think overall it looks like we've got a bottom that should at least last through some time in September out there. You also had a second question. I'll try to be a little less winded with regard to answering that, although you never know. So also, when are the queues finally going to jump off the wall to the downside? Well, so that's another great question. And I wish I could give you the answer. Like I'd say in like a 2.30 on October the fourth. Somebody should write that down on a pad of paper. Who knows? It might be. But in this case here with regard to the end queues, they're very likely targeting the 15, 4.38 to 15.500 area. And I'm not saying that that is where they're going to stop. I'm just giving you the next price target. The only thing Hector that gets in the way of that would be some type of bearish reversal candle. Not because of bearish reversal candle would form, but more so because it would go ahead and give us a topping signal. What would be that topping signal? Let me just go ahead and change screens as opposed to dragging stuff all over the place out here. Let's see if Stevie can do this. I know I can do it, but can I do it accurately? Did I do it? I did do it. Okay, that's a bonus start. So Hector, in the upper right-hand side, that's the end queue out here. What you can see is price is moving higher, doing less relative energy. I also, by the way, happen to have a wave number 7 out here, letter G, so we can pay attention to that. But at this stage here, it would really be the bearish reversal candle that would give us that signal of some type of short-term top. Now because the profile, the daily profile levels inside the end queue are way down to 15.141, that could set up a nice little short-term trade. Are we there yet? We are not. And so I am not at all suggesting that that is the market condition. I'm just letting you know that conditions exist, that should we get a bearish reversal candle, that would confirm at least a short-term top. And we'd have to see where price is trading in relationship to any new market profiles that could form. The oscillator and change line, which is at 15.246. So it does look like to me where normally we have a market that moves lower into October. Let me see here. As long as I've got that screen, if you give me a moment, you know, normally I try to be more flowing and more prepared out here. But give me a moment. Let me get this new slide going again. And let me pull over a similar kind of a study. Now you're familiar with the seasonal charts that Stevie does. But this one here is also broken down by month visually. I just want to go ahead. The easiest way for me to do that is to put it into this PowerPoint. Okay, cool. We're going to a breakout here. So as soon as we get back from this break here, we'll go take a look at the Adal. And draw some conclusions. Steve wrote to a TF. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa, and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value, or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. 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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. Welcome back folks. So this is the normal chart that you are used to seeing when I present it, which is the annual seasonal cycle goes back 86 years. And typically we have a top, the summer top that occurs in the third week of July. We actually did get a summer top that occurred right around then, but that was taken out obviously. And then the market typically moves lower into the middle of October. On average it's around October the 13th. So the thought process here is, and we have seen a handful of significant tops in October. You can go back and take a look out there and you'll see those highs. So the question is, I don't know if the answer is yes or not, but I'm prepared for the possibility that even though I don't like inversions out here, and so I'm not calling this an inversion, is that the market instead of moving lower into October is going to move higher into October. So that's the first chart. That's what you're used to seeing. You can see the data, although I don't go back 86 years here, I only go back to 1970, so we're what? 1970 we're 50 years, 51 years. So you can see here that here's where you typically get a nice, the odds of July closing higher than June. You've got about a 63% chance of that. And then we know that markets typically move lower into the October timeframe, September-October timeframe. So we're approaching here September. And September of all of the months of the year. Now, you probably knew this, but if you didn't, now you can visually see this from 1970. September is the month of the year where only about 35% of the time does the market close higher in September than it did in August. So it could be that what we're about to see is some kind of top take place. I'm not, you know, and we've got those roads with the indicator signals that are out there in the ES and the NQ, and it just says to me, we just simply have to pay attention. So at this stage here, Hector, short of, and to finally answer your question, short of a bearish reversal candle occurring, it appears to me with regard to the A to B equals CD and the consolidation breakout that the NQ should target 438 to 1500 or even higher than that. So I hope that that helps you out, and thanks much for writing in. This next question coming in from, I'm not sure, DBC. DBC is what we'll call this individual. And DBC wants to take a look at PLTR. I think that is Palantir or something like that. So let's go take a look at this PLTR. And Palantir Tech is just simply consolidating, just looking for insights. It's consolidating with inside its daily profile. Today it hit that resistance level, again, where sellers are at. So no biggie, 25, 36, that's the range. It's inside a bullet-structured profile. Only becomes a problem for you if you were to see two consecutive close below 2338. Let's pull over the Palantir charts, the other Palantir charts, see what other signals we have, if anything. Well, might as well just start with the weekly, since that's what this is going to sit on. I don't have anything here in the weekly to assist us with regard to what's going on. Other than it's positive that price has gotten back inside its weekly profile. What you'll be looking for here, DB, is a further rally up to 27 bucks. The question is, can it clear 27? If it can, by the way, that has been an area where the countertrend rallies have stopped. But if price can clear 27, you're looking at 3044 and then 36 bucks. That's on a weekly, so a larger timeframe. On the daily timeframe out here, just looking for any kind of signals of a top, don't have them. Price is just consolidating between support and resistance, and the price can close above 2536. Price should set its sights on 2692. So DB, I hope that that helps you out. Thanks so much for writing in. The next question coming from Joe. Joe wants to take a look at Tillray. T-L-R-Y is the ticker symbol. So let me do this here. Let me get this off the screen. Let me get that going on my other white background chart. And let me get that going on our black background charts, or your signal chart. So take a look at Tillray. You say, is Tillray a buy at 1350 for a long position? 1354 is where it's trading at. So what do we know about its market profiles? First, let's start with the monthly. Both the center and the bottom of the profile are at the same level. And that's at 1067. So Joe, if you gave me my preference where it would be a great buy, it would be at that $10.67 level. Price is below the bottom of the weekly profile. So that says, OK, that could happen. However, price has gotten back inside its daily profile. So what I really need to do out here is take a look at Joe, the white background chart. See if there's any kind of bottom signal. And the answer is, there is. There's a Roadsman Dominicator bottom that completed on July 28th. Price has pulled back into this daily profile. And so you've still got that. You still have that bottom pattern in. So it just may be in a consolidation. You're near the bottom of the consolidation, which is right around the 1250-ish level. So yeah, if you want to take a buy, and I'll go look at a short-term timeframe chart, but yeah, I can see that. I know that you've got a battleground at 1412 and one at 1531, but has till reformed a bottom on the daily timeframe? It has. What might it lead to? Maybe a consolidation? Maybe something more than that. But yeah, it's certainly not an A-cell signal. Now, interestingly enough, the weekly, unfortunately, it's not helping us out. You've got a TD nine-count pattern that may form this week. In order for it to form this week out here, price on a weekly basis has to close below 1461. Is that right? Did I say 14? Yeah, 1461. But it also not only does it have to close below that, it needs to spike lower than last week's low. And last week's low out there was 1255. So I'd love to see a TD nine-count bottom to go along with that Roadsman Dominicator bottom on the daily timeframe. And we don't have that right now. So maybe someone is saying, nope, they're not saying, no, they're not saying that. So let me look at a 30-minute chart out here. We're just looking to see if price is busted through a key level of resistance. It has not. The key level of resistance is 1388. So you're looking at 1350, 1388. I'd rather pay 40 cents more to get that confirmation. So I'd say sit tight. If price closes above that, you can chase it if you want to. But ideally, you'd see Till Ray pull back and create a nice TD nine-count bottom on the weekly timeframe as well. So thanks so much for writing. I hope that helps you out. And let's go out to Denver and speak with Ron. Ron, thanks for calling. Thanks for holding. How are you? Great, Steve. First of all, I wanted to compliment you. I think it was last Thursday. You said Amazon was at the bottom. And I sold some puts and tried to buy some calls, but I missed the calls. But my puts, I sold the 385 for 240. I did a couple of those on the spread. And they expire Friday on Amazon. But anyway, and of course, Amazon now is 3304. And I sold with, what was it, 285s? 2285s. Anyway, I wanted to see what you thought of a STEM, STEM. Sure. Tell us what you're doing here and how I can help you. Well, I'd like to spike some calls and sell some puts on STEM. Okay. I think, I know there's, revenue users really zooming. They do energy storage as they sell. They work for utilities and large corporations. Okay. So let's take a look at STEM. I'm just going to start with the white background chart here for a moment. And you're going to have to hold on because we're going to go to a heartbreak here in just about 15 or 20 seconds. So the question is, do I have some type of bottoming pattern on a daily timeframe? And I don't. That doesn't mean that hasn't bottomed. It just means that I don't have a bottoming signal. And price right now is at resistance, which is at 2447 basically, which is where price is trading. So do me a favor, Rod. Hold on. We'll come back from this break. We'll use the last two minutes to rip apart STEM, S-T-E-M. Steve Rhodes with TFN and Ron and Denver. We'll both be right back. 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. 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But, Ron, on this chart here, I just wanted you to understand and, you know, it was a very kind compliment with regard to Amazon, but it was really the chart pattern that was the one that was generating that bottom signal inside of Amazon last Thursday. That was a TD9 count. And then the following session, a bullish structured daily profile to suggest that price should make its way to $33.21, $33.58. So we had the patterns going for us. I had mentioned before we went to the break that inside of STEM, I don't have that pattern on the daily time frame. And so, you know, price right now is trading into potential resistance, the top of its daily profile, $24.43. You're about $0.10 above it. Even if price closes above this level, it's not clear to me whether it's going to be able to take out the down draft from August 12th. So it may just be, you're looking at getting to $25.87. That's likely not going to set up a good trade. Maybe price could get all the way down up to $26.64. But without having any kind of real patterns in place out here, I struggled to try to find a similar type of a good trade for you. Does that make sense? Yeah, I appreciate it very much. And Amazon at the time was $31.85, and that's how I sold the puts. I bought a $31.80 to cover it. And I got $240. It expires Friday. So as long as the stage is above $31.85, I make $240 times two. Yeah, Amazon should continue to move higher. Again, it's resistant. So in STEM, I'd be disingenuous if I could come up with something there for you. I'm just not into doing that. So with regard to Amazon, $33.21.51. So you're not that far away from resistance there. And I don't know where the price will clear at the top of that profile or not. It could hit it and then pull back a normal retracement. So just keep that in mind on that trade as well. Ron, always good to hear from you. Thanks so much for calling in. And folks, stay tuned. We've got two more great hours left. Your favorite polar bear, David White, power trading hour. He's up next. Time for Brian to take us on home. I'll be back with you on wonderful Wednesday. Have a terrific Tuesday, folks.