 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 morning, folks. Welcome to the August 8th, 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 is having a great day. Let's make sure we have an extraordinary one. Now, the easiest way to do that, well, it's to know that everything in 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 in every set of circumstance that life is going to toss at us. Now, today you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning. I do want you to know I am absolutely grateful for your presence here, but even more important than that. And that's this. During this next 53 minutes, I am here to serve you. So feel free to pick up that phone. Dial on in at 877-927-6648. Now, if you've got a question which you can't call in, we can answer that for you. Just send me an email. Send that out 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 right now. We've got a sea of red out there. All the U.S. Indices that we track trading the downside. That was a 403 points, one and about 110%. The same for the S&P or 52 points, one and six tenths for the Nasdaq 100. That's 251, one and six tenths for the Russell. That's 32, two and seven tenths for the Semi. That's 173 points. Gold is off nine bucks. Silver's down 39 cents. That's a half percent and one and seven tenths percent. Light's recruit is off 72 pennies. Trade out at 81.23. Natural gas trying to take out resistance. That's the top of its daily profile. The 30th Treasury up one point. Watch the continue to move higher. Form that nice road. It's meant to mitigate her bottom. Last Friday, we take a good move into the upside. You've got Eli Lilly up 80 bucks, 17, 18% move. That's a big move there. Novo Nordisk 29 bucks, 17%. West Pharmaceuticals up $15. Sterling infrastructure, whatever that is, up 20% or 12 bucks to the downside. It's booking holdings up about 2% or 63 bucks. Mercado-Lubay down about 3% or $38. Broadcom up 23, about 2.5%. Blackrock 23.3 over 3% there. And Asimov holdings down 3%. $21 move to the downside there. So let's begin with, I'll begin with the market breadth. It's kind of futile, I would believe, but I'm sure we're negative market breadth on the 30 minute timeframe charts. But let's just make sure we are for the S&P 100 above, 188 below. Let's just check out the NASDAQ 100. At least gives you a feel for where we're at market breadth-wise. And the index 100, this is a 30 minute timeframe that we're taking a look at. And that is 11 above and 56 below. So that says on 30 minute charts, the sellers are the ones with the advantage. The other four timeframe, 62.40 daily and weekly. This is the S&P, let me just do this first. Let's go to the NDX 100. This way I get it updated just to make sure. So on the NDX, we're bearish again for 62.40 daily, we're positive on the weekly. When I say positive, 30 above, 24 below when it comes to the weekly timeframe chart. So the NASDAQ 100 bearish for 30, 62.40 daily. It's only the weekly that still has positive market breadth. If we take a look at the S&P 500, remember that was bearish for its 30 minute timeframe. If we take a look at this update. Yeah. If we take, so this is, wow, what? Okay. Man, oh man. So I didn't, Stevie didn't expect to see this. Are you seeing what I'm seeing folks? It must be if you're watching a live stream. Let's update this just one more time here. Do it from NASDAQ. Okay. Go back the S&P 500. So the S&P 500 is bearish for its 60 and its 240 minute timeframe. Wow. Let's take a look at this. And the 60 is pretty good. Yeah. 210 above 90 below. Wow. And the 240 minute chart, you've got 185 above 143 below. Well, how bad is it on the 60 minute chart? Let's take a quick peek here. 210. No, that can't be right. Oh, it is right. Oh yeah. I'm sorry. We already took like 210 above and 90 below. Wow. Okay. Hmm. If you're short, what this is telling you is be careful. This is saying they start looking at the charts for some potential type of turn out there. At least that's how I would, I mean it's market breadth positive. You saw me going through there trying to figure that out just to make sure my eyes were not deceiving me. My eyes were not deceiving me. So let's immediately get over to our white background charts and let's start doing some analysis there. So give me a moment. It's got the NQ that's up first. First, let me change the windows and then let's go ahead and I want to go right into the ES mini first because that because the market profile, market breadth data. So this will take just a moment here to populate, but I think this is the area for us to really be paying attention to. Now there are new profiles that are attempting to form. I'll switch back. I'll flip back to my other charts out here for the moment. And just so you can see those new profiles, actually the one in the NQ went away. So the one in the ES and I expect that this is likely to go away. But so the only new profile that we have out here right now is on the ES mini, the S&P 500. And I'm going to turn off price just so you can see where it's at. I mean, you can visually see on the screen in my data box, but I'll just simply turn off price here right now. And you can see you've got a new bullet structured profile. Now let's assume that this holds today and price closes below it and you close below it tomorrow. Then a counter trend move would typically find a resistance at about 45-24 out there. We have 44-97-10 holds at day's end. You'll know that a strong area of support is held. We had a bullish structure on the prior profile. I've got a bullish structured profile here as well. The NQ's profile seems to have vanished. That's gone away. Now I'm using my Advanced Stopler tool here. And just to pick up what it's detecting technically what buyers and sellers are doing. So in the case of the NQ we'll just stay here for a moment. That's likely targeting 14-865. That's the bottom of its weekly profile. In the case of the Dow equity future contract it closed below the bottom of its profile, 35-267. Likely telling us about a move down to the 34-823 or 34-619 level. I haven't put the weekly data on the, let me see if I can do that here while we are on the show live. Let's see where the bottom of the weekly is. There's the bottom. Yeah. So it's the bottom that could be the target of the weekly profile for the Russell 2000. Still no topping pattern for the equity future contract. But you close below 1942. That's a signal of a change in trend out there. That 1844 level becomes a price target. Now let's get back and go take a look and dive down into the ES mini charts. Figure out what's going on. That's 60 and 240 minute chart out there. What are we missing? If anything what are we paying attention to? So on a 60 minute timeframe you can see got several A to B equal CD down patterns out here. So I don't care how we draw them. They're all over the place. So we don't have to really draw that in there. And what that would be telling us if we got a bullish reversal candle at 12 noon just as we're about to get off the air that that would be a buy the D point pattern. That would be one. Let me just try to clear this up here if I can. Come on. There we go. Let's get rid of that A to B equal CD pattern that was up there. And I don't need the 44-97 level. And you have bar number eight that's forming. So on a 60 minute timeframe and the 60 minute timeframe tells us we have positive market rent. You're in bar number eight. It says you could get a TD nine count bottom between now is the hourly chart. Let's say between 12 noon and 2 p.m. Does that help you out? You want more help than that. I know that. Steve Rhodes with TFNN. 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At TFNN, all our newsletters come with a 30-day money-back guarantee, so you have absolutely nothing to worry about. Visit TFNN.com and try Mastering Probability 30 Days Risk-Free Today. TFNN, Educating Investors. Call-free at 1-877-927-6648. Internationally at 727-873-7618. Back folks, so we're looking at the ESMini charts. Our focus is really right now in the 60 and the four-hour timeframe chart simply because when we took a look at their market breadth, their TAS market breadth, meaning where's price-trading relationship to their profiles. For example, on the ESMini, you can see the profile levels at about 45.07, 45.33, 45.54. When you trade below the bottom of a profile, which we're supportive of, that's where the buyers are lined up. That would be considered bearish, most certainly. And that's what we've got on the 240-minute chart. That's certainly what we have on the one-hour chart. But what we look for there is when you're below those profile levels, any kind of a bottoming signal. And inside the 240-minute timeframe chart, you do have a roadsman to indicator signal that's been triggered. Many of you see a three-drive to a bottom pattern. That is present. Drive 1, as an example, would be the low here at 2 o'clock in the afternoon on August the 3rd. Then the next drive would be down to August the 4th at about 5 o'clock, and then the one that is present right now. Now, the way that those patterns get confirmed, like everything else that Stevie does, most everything else would be a bullish reversal candle. Now, this current candle session is not completed until 2 p.m., so we're a long ways from there. But right now, still, there's positive market breadth on the forward timeframe. So knowing that there's positive market breadth on the forward timeframe, you take a look at a two-hour timeframe, chart. It is formed bar number 8 right now. Now, this is going to complete at 12 noon. That says that between 12 and 4, you could see a bottoming pattern. This requires, on a TD-9 count, that is. Of course, there's a road to indicator signal that's been triggered. So a bullish reversal candle would confirm a bottom there. It doesn't mean things would be out of the woods. It just means it would be a counter-trend move. It's all really that I'm talking about here right now is a counter-trend-type move. If we look at the... And we talked about the 60-minute chart that had positive market breadth, and that it is in the process of, looks like to me, this is going to go ahead and form bar number 8 of a TD-9 count and the close of... Now, the issue here, in order for a 60-minute timeframe chart, because between 12 and 1, you're going to be wondering, perhaps, will it complete that pattern? In order for that to take place, price needs to close below the close of bar number 5. And it seems likely that that would happen, but let me give you that price level. At 1 o'clock, if a TD-9 count is going to confirm on a 60-minute chart, price must close below 45.0675. 45.0675. So at least you've got the parameters established for that. Now, on the intraday charts here, with regard to the bottoming signals that we see, the first area of resistance are really two levels. 44.93 is 1, the top of a 10-minute profile. And we've got that red oscillator and change line here, and that's at 44.91. Perfect. So you've got 44.91, 44.93. We're going to call it 44.93. If price can close above 44.93, then the next price target should become 44.98 to 45.00. 44.98 is the bottom of the 30-minute profile. 45.00 is the top of the 15-minute profile. So those would be the parameters you'd be looking at out there. The first price needs to overcome 44.93. With regard to the downside stuff, we've already taken a look at that, right? We took a look at it, or if you're saying, right, what do you mean? We took a look at that compared to weekly profiles. Now, if you look up here on the... So this is kind of interesting because this has been shifting. So this had just literally... Before I went to break out there, let me just check one thing out. I want to make sure I've got this setting set properly here, which I do. It has boxes. Yeah, no, I don't. Okay, sorry. I didn't have it there. Let me change this. So now this should pick up that new profile as well if it's still out there. It does. So it's got that new profile. And this makes me believe that on the ES mini, because white background charts typically don't pick this up early like this, but it has picked this up. And it looks to me like 44.95 is going to be your strong support level out there. So want to watch that. We're at 44.89. This is a daily chart. So it doesn't matter that it's trading below it right now. It matters where does it close this evening out there. And if price closes, then you would above that level. Then you're inside a bullet-structured profile. You will know that price was not able to really bust it out to the downside. It just busted it to test out where buyers were located out there. Okay. I think that's about enough for the ES mini charts out here. I'll throw up the NQ right now. There's a question inside the Tiger's Den about the TQQQ. And Jumbilai, the only way I could really answer that question is to do what we just did here with the ES mini and take a look what's going on inside the NQs. And so I can give you at least a play-by-play on the short-term timeframe stuff out there with regard to where is price likely going to go target to the downside. Where's the downside target? For the NQ out there, we gave you that number of 14865. And that number that number's not going to change here. Not unless we see the NQ close above 15586 at this stage here. And that doesn't seem like a likely possibility today. Now, as we start exploring the intraday charts here for the NQ, because I don't really know what timeframe it is that you were talking about. If we take a look at the intraday charts, there's still no bottoming pattern that has been confirmed just yet, whether it's a 10-minute or a 15-minute or a 30-minute chart. Now, a bullish reversal candle on the 30-minute chart would confirm a buy-the-de-point pattern. That would be the same on the NQ. So the NQs charts are not showing us the same patterns that we took a look at on the ES mini. The upper panels, the two-hour, four-hour, five-hour, all those need bullish reversal candles. I guess the bigger chart out here is the 120-minute chart. That's also in bar number eight. Let's do this here. The ES was in bar number eight. The NQ was in bar number eight. Let's look at the 120-minute timeframe chart. See if we have any kind of consistency here. It's always nice to have a consistent message. So if you give me a moment, we'll pull those charts up. This should be set to the September contracts. Yeah, they are. So now we'll see the ES, the NQ up top and then down below. Well, it turns out, yeah. We are in bar number eight across the board on the two-hour timeframe charts. Now, I don't have two-hour TAS market breath data for you. But I would be keeping, so those of you that are intraday traders, you're trying to trade both sides of this trade. What I'd be watching now would be certainly the two-hour chart. You want to go look at those shorter-term timeframe charts as well. But we do have out here is consistency. Now, remember, the bar that we're in right now, this is a two-hour timeframe, it's not going to close till 12 noon. So bar number nine will complete or should complete at two in the afternoon. In order for that to happen, that price must close below bar number nine. That is, must close below the close of bar number five. And that seems like a likely outcome to occur. The one that's closest for bar number, no, it looks like a likely outcome out there. But I can't guarantee that. So it's 120-minute timeframe charts. At least we've got that piece of it figured out that you really want to kind of focus in on. Jumbalaya, again, longer term. Out here with regard to the end-cues, they're likely going to go target the 14-865 area. But intraday, it's a two-hour timeframe charts, at least inside the end-cue that could be generating that bottom signal for you. So hope that helps you out. Hope that helps everybody out. Let's take a couple of questions that have come in. We can always continue to take a look at the equity future contracts. We can look at the Dow and the Russell 2000. We do have a couple of questions that have come in. And I want to get to those. The first one, I think, was a question from Jimmy in the Tiger's Den. If not, then I'm, oh, well, then it is a question. Steve will turn it into a question, which was CRDF as the ticker symbol. And CRDF, a nice day today. What is it doing? It's testing a prior level of resistance, which was an old swing point from back here on May 24th. And that swing point did volume there of about 274,000 shares. You're at 2 million right now. So even if price closes below that level, that level out here on CRDF is two bucks, even Stephen, price is going to be back up there. If price closes over that, that's a bullish thing. I don't see anything bear. Well, actually, a close above today, a close above the high from August the 1st. That's at 190. That would then confirm what that did. That would tell us that we're headed higher as well. I think moving into that swing point with volume is really all we need to know. Where's your resistance area here on CRDF? 211. 211. That's the TD9 count breakdown resistance area. Steve Roach with TFN. We'll be right back. We're going to take a look at SWIM and WMB. 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From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, at TFNN, Educating Investors. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Welcome back, folks. Right now, you've got the Dow trading down 344 points. S&P's out 45. NASDAQ 222. Russell's down 29. Gold's off 9 bucks. We're going to go take a look at Swim out here. We're going to go swim with the sharks. And this is for Dan inside the Tiger's Den. This is Latham Group Inc. I have it a nice day trading out right now at about $4.51. I see on my other screen, $4.47. You'd love to see it closed today above $4.29. That's a daily TD9 count breakdown level out there. If it closes above that, that suggests higher price. The weekly chart you can see is taking on both profile resistance. It's a brand-new profile that formed just this week, Dan. So the sellers reside right now up at $4.39. And we're trading right now at $4.47. And I'll show us $4.50 on my system. And $4.35 happens to be the TD9 count breakdown area. So what you're really looking for, Dan, is you're looking for a close above $4.39. You can see a nice TD9 count bottom on the daily. Two of them, three of them. You can see a nice TD9 count, a Rosamund Dominicator bottom on the weekly timeframe charts out there, the same on the monthly. So Swim's looking good. You're just taking on some resistance right now. Again, at the end of the week, watch that $4.39 level. You close above that. And it should be off to the races to the upside. So I hope that helps you out with regard to Swim. And thanks so much for taking the time to put in a request. Let's take a look at another request. This is from Jambalaya inside the Tiger State. And let's take a look at WMB out here. And WMB is Williams Company. It's trading out at $34.27. So what do we have out here? Well, this formed a rose momentum indicator top two days ago. And it did that when it generated a bearish shooting star. It already had a TD9 count top. So it's a second top. Does that mean it's more important than the first one? No, it even has a sell the deep point. So with regard to what Williams Company's charts look like for the daily timeframe, it's looking like it wants to top. However, price still remains above the top of that bearish structure daily profile. And a counter trend move to the downside would find support at $33.66. It could be $33.79, but certainly $33.66 if it was just a counter trend move. So what we have to say here, what Stevie will say is that this is a neutral chart right now. Yeah, you got three topping patterns, but price remains above key levels of resistance. That was the top of that daily profile. Now when we take a look at the weekly timeframe, it's going to complete a TD9 count top this week. Kind of adds to the flavor that we're likely going to see a further move lower, but it's got to prove itself to us. And on a monthly timeframe chart, you've got a good old fashioned consolidation. The consolidation really in between the center of its full structure profile on the top, which is $28.79 up to $35.35. If you're asking what's the number that you really need to close above to suggest this thing wants to break out, I'd have to say it's $35.35, the top of that monthly profile. So you've got a top in place on the daily, but it's a neutral signal. You're going to complete a TD9 count on the weekly. That suggests move back to the $32.53 level out there. Just keep your stops in place. Hope that helped you out with regard to WMB Williams Companies. Nancy wants to take a look at Microsoft. For Nancy, we're going to go take a look at those multiple timeframe charts. She's trading us intraday. As we take a look at the intraday, first let's start with the longer term charts. On a monthly basis out here, right now Microsoft is bullish. And it still has strong momentum. That remains the case as long as price remains above $317.79. We've got a TD9 count top on the weekly timeframe. Price right now is taking on the bottom of its weekly profile. A close on Friday below that level, and that level is at $326.93. Nancy, that would suggest to move to $307.59, the TD9 count breakout area from a weekly timeframe chart. Microsoft on a daily timeframe has a confirmed rogment to indicator top. And today is really an important day for you. Why? Because prices test in a TD9 count bottom that formed three days or four days ago. That was trading on the day of August 30, August 3rd out there. And they closed below that level. That level is $325.95. That's going to suggest lower price. Lower price to where? Let's pull this chart back out here. Can I come up with something for you? Where would that lower price be? I probably have to go back to the A to B equal CD pattern out there and just extend beyond that on the daily timeframe. Let's switch over to my other set of charts out there so we can take a look at that possibility. Now, we look at the intraday charts here. No bottoming signal on a under 95 minute chart nor on a 130. Needs a bullish reversal can on the 65 minute chart. So watch the 65 minute chart. That's the only timeframe that I see a potential bottoming signal inside of Microsoft as we speak right now. So watch the 65 minute timeframe with regard to the daily potential Microsoft A to B equal CD to the downside if in fact our price closed below its TD nine count bottom which we won't know until days in. Let me change screens out here so we can start trying to draw that pattern in and give you some type of price projection levels. And that's really one of the benefits of that A B equal CD tool out there. So now the only valid A to B equal CD looks like to me that I can draw. We know the top that's easy. That's the high from July the 18th. The B point that I'm going to use is the low from July 21st and the C point was that rally looks like enough for rally into July 25th. That was 44% to now generate that A to B equal CD. So you're now at the one to one area out there which is 324 59. Again, your key level to watch at today's close is still going to be that close from I'm just going to be the low from August the second out there and that low is at 325 95. So if you close below 325 95 odds favor you move to 317 61 317 61 is the one to 1.272 A to B equal CD. The caveat there Nancy is the first bullish reversal candlehead forms even a price doesn't get down there would then generate a by the D point pattern. So that's what you're on the lookout for. I hope that that helped you out with regard to Microsoft. Next question from Joe and probably Charlie in Framingham who called yesterday about the GDX or Joe's asking the same question which is where is the buy inside of the GDX. He wants to do use the nugget out here. We're going to take a look at the GDX first at least why because that's the better one to take a look at. So what do we know about the GDX? We know that the GDX is testing on a daily basis is testing its Rosemont Dominicator bottom. The question is and it's rejected it so far and it's going to form bar number nine today. Well for I should take that back. It will form bar number nine today as long as price closes below 2928 2928. We're 2911 right now. So that's going to be the real key out here and that's what kind of makes it somewhat difficult. Joe, I'm going to answer the question for you. I'm going to obviously give you the parameters because it could change at day's end. But first with regard to testing that swing point that Rosemont Dominicator bottom from June 29th that had volume of 17.5 million shares and the first two hours of trading were at 5.6. So you multiply that times three. We're coming in with volume but it seems to be slightly lighter. It's not like it's massive volume. Now you'd love to see price close above this level here of 2928.76 and certainly do a less than 17.5 million shares. That is a possibility. Do you need that? You don't need that. Ideally like that because if you test a swing point even if you reject it with volume says that the next day likely you're going to be back down there testing. Of course the GDX influenced by the price of gold and silver so you have to take that into consideration. But you're going to get a TD nine count bottom. It says that the bottom should form today or tomorrow. If you reject that swing point you close back above it then I'd have to say that today right now is the time to go ahead and take that position inside of GDX and because it's bar number nine you can't just close it out if price closes below the low of June 29th. I mean you could but it doesn't negate the current signal that would be in here the TD nine count. When's the safer day to do it? Let's try to answer that when we come back from the spring. Steve Roach with TFNM. 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 and 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. Educating investors. 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If you trade China A shares now may be time to take a closer look. Trade CHAU or CHAD. Directions daily CSI 300 China A share bull and bear ETFs. China A shares in either direction. Visit Direction Investments.com today. An investor should consider the investment objectives, risks, charges and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus please contact Direction Chairs at 866-476-7523. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Folks, we've got to see your bread out there. You've got the Dow trading out 371 points. That's a little over 1% to the downside. Same for the S&P percentage wise. 49 points there. You've got the NDX 100 down to 41.5%, 1.5% for the Russell. That's down 29 points. The Summers are up to 6.10% out there. What we're doing here is we're going to go back and take a look at the GDX charts. I'll pull up the multi-time frame set of charts out there. We're trying to answer the question, Joe wants to go along. We know about the GDX in the daily timeframe as we're going to form bar number nine or appears to form bar number nine today. That says a top should form today or tomorrow. We're testing a prior swing point with what seems like maybe a lighter volume out there. Close back up 28.76 would buy a buy point. When I look at the inter-day charts here, on an inter-day basis, we see a bottom on a daily timeframe which should start to see the bottom on the inter-day charts out there. As we take a look at these charts here, because price gap to the downside, we don't have a bullish reversal count. I don't have a inter-day bottoming signal out here that suggests you take that long position right now. However, because we've got that bottom signal on the daily timeframe, we really need to do this the right way. Okay, Stevie, let's do it the right way. What is the right way? So I can free up a bit of resources. And then we're going to go do it the right way. What's the right way? The right way is go take a look at each of the charts or what I say each, the majority of the charts that make up the GDX holdings. And let's really focus on the top eight out here because they represent something like about 50% of the 40-some odd percent of the holdings inside of GDX. Now, if you give me a moment here, I'm just trying to refresh some of my screens here so I can at least display this data for you a little bit better. So sorry about the housekeeping because I've got a bunch of these charts up. You're only seeing one screen. All four of my screens are populated with gold minor charts out here. So I just needed to do that. Maybe one more thing so I get a fresh screen. We should be good. Okay. So now let me change screens here for you. We're going to go to, again, the top eight holdings. We're going to see what kind of signal information they're providing to you and I right now. So that should be, should be the screen. Let me try to break that. Yeah, Newmont Mining. Okay. So let's start with the number one holding inside of the GDX and it's Newmont Mining. What is it doing today? It is forming bar number nine of a TD nine count. Okay. So now, not unusual with that being a number one holding and seeing the GDX doing the same there. So you might want to take a look at the interday charts for Newmont Mining, but that's your TD nine count bottom. You have a inside of a gold GLD. You're testing the prior swing point. That prior swing point had volume of, let's just take a look at it, 13 million. Right now today you're trading into that prior swing point with four million. So it looks like it's similar volume. Could be lighter. If it is lighter and you get a close above the top of that swing point, that would be at 1629. That'd be a test and rejection of swing point on letter volume. Franco Nevada, FNV is going to form bar number nine of a TD nine count. That says a bottom forms there tomorrow. AEM, no bottoming signal there, although prices trading back inside a bottom level that had a roadsman to indicator signal. Price would need to close below 4784 to negate that signal. So that still remains in effect out here. WPM, nothing too bearish about this. Price is trading above the top of its profile. In the case of gold fields, it's testing a swing point. The swing point had volume of three million shares. So far today you're done with two million. So that's not the greatest looking pattern that you want. Royal Gold, our RGLD is going to form a TD nine count pattern. Today it'll complete that pattern. It's coming back to its breakout level at the one 1142 area. And AU negated its TD nine count bottom yesterday. It needs a bullish reversal candle to confirm a buy. So I'll do it like this for you, Joe. You want to take a position inside of the mining, the GDX or the nugget. Why don't you just take a position in a couple of these stocks out here instead? Why don't you maybe focus in on the Newmont mining, Franco Nevada and Royal Gold. RGLD has a still Royal Gold, I don't recall if that's correct. Because those are the ones that show the bottoming signal out there. You can always add a pattern inside. You can always add GDX or the XAU. And now why don't you go take consider the individual stocks versus the entire ETF. So that's my recommendation to you. I've given you as much information as I possibly can. So thank you for taking the time to listen as well as make that request. Inside the Tiger's Den, let me just see if there was something that I've overlooked here. Just want to make sure I've gotten everything. Let's go take a look at MDB stock out here. That's Dan inside the Tiger's Den. And that girl was trading that at one time. So he may be interested in that. Oh, I don't want to. Oh, that's a request that came in. Sorry. Let me move over here. MDB. And then I'll get to that request. I forgot I had one that came in by my phone. I think it was from Greg. So we're going to take a look at that. So MDB. MDB, Dan, looks like to me it's going to go target its breakout level of 365-11. You've got a TD9 count on the weekly basis. That 365-11 was the daily breakout area. 350-705 is support on the weekly. And 325-70 is the support level on the monthly timeframe chart. So it looks to me like it wants to get to the 365 level. If it closed below 365, you're focused on 357. If you close below 357, it probably gets all the way back and fills that gap and completes it and gets down to the 264-273 type area out there. For this will be day number three to the downside for MDB. How do you know that, Stevie? I know that just simply by taking a look at this tool here. And I mean three consecutive days to the downside. So far on this move up here, even after that gap up, we've only seen three consecutive days to the downside. So this is suggesting at a minimum that you could or should see some type of rally that last one or two days out there. But overall, MDB looks like it wants to go target 365-11 out there. So, Dan, I hope that that helped you out with regard to that request. We did have a request, as I mentioned, came in from Greg M. And Greg says, Steve, would you look at XBI for me? He trades the LAPU off of the XBI. Oh, you know, we might have a phone call out here. And if we do, we're not seeing any chart. Wow. Okay. Well, we're going to change that. You didn't see any chart. Son of a gun. Okay. That was a Stevie mistake. That's sorry about that brain fart. That happens, you know, too often. But I'm going to go back. I've just got to do this to provide that information. So here's MDB. And thanks for letting me know. My apology. Here's your 365-11. There's your breakout area. I can't have too many screens. 357.05. That's the bottom of the weekly profile. Green Oster and change on a monthly 325. Those are your support areas. If price closes below the 357.05, that's the bottom of that weekly profile. That's when you start getting the 264, 273 price projection areas out there. So I hope that that helped you out now this time with regard to seeing what's going on inside of MDB. And thanks so much for your patience. Now, Greg wanted to take a look at XBI. If we take a look at XBI, you've got a confirmed A to B equal CD to the downside. That took place yesterday as that B point was passed with volume. That gets us down in the 76-ish area, 76-60 or so. I see it's 75.91. I see a TD-9 count breakout area. At 75.36 to 74.75 to 73.90, I see a whole bunch of support on the weekly time frame. So odds favor what XBI is doing here, Greg. It's going to go target. We'll call it the 73.90 to 75.36-ish type area out there. Steve Rhodes with TFNN, we'll be right back. If you're looking for potential trading setups in the stock market, then Rocket Equities & 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 & 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 TFNN.com. TFNN Educating Investors. 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 and 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. Welcome back, folks. We're going to go take a look at Lightsweed Crew. This is for Zee inside the Tiger's Den. The question is, if price closes above yesterday's high, where do we see Lightsweed Crew headed to? So a couple of things out here. The daily time period is $1. The daily time period is $1. The daily time period is $1. The daily time period is $1. The daily time period is $1. The daily time period is $1. The daily time period is $1. The daily time period is $1. A couple of things out here. The daily time period for Lightsweed Crew shows a rogement and indicator top form yesterday. Why? Because price was extended. That was extended and followed the rogement and indicator rules that draws that little black diagonal line. And we had a dark cloud cover bearish reversal candle yesterday. So we have a top. What we don't have is we don't have levels of support being broken. And price right now remains above the top of its green oscillator and change line and the top of that slightly bearish structured profile. John, to answer your question, if price takes that rogement and indicator top out, where is price likely headed to? The first price projection area. I'll give you the area. It's between $85.59 and $89.23. And that is the bearish structured monthly profile level. $85.59 to $89.23. Now, if it does that while it's doing that, it would be breaking out of the weekly consolidation pattern that's been going on for quite a while out here. And that says we get up past the 100 level over time. Gets us into at least the 102 ish area out there. But that would be the longer term prognostication right now. Your question is if price is able to take out that high, where is really the next resistance level? And that answer is easy to that question is easy to answer. And that's in the $85.59 to $89.23 level. So hope that helps you out. I'll close the intraday charts. Here's the NQ. It's really the ES mini that we wanted to take a look at. Let me see if I get this populated here before we get off the show. While that's happening, I'm just going to peek in at the TAS Market Breath here for the S&P 500. That was the wild card. And it is still, I'll let me just update it just to make sure I put it on that screen. But my screen sometimes goes nuts when I do that. It is still Market Breath bullish for the time frame. Unless there's something wrong with this and there's typically not. And that is really strange. That is a strange dynamic. Don't forget you've got TD9 count bottoms that are going to form here on the 60-minute chart for the ES mini and likely for the two-hour time frame chart as well. So folks, thanks much for joining me today. Have a terrific Tuesday. Please stay tuned for great programming. I'll be back with you on wonderful Wednesday. Take care and be safe out there.