 and. The Traders Edge. With Steve Rhodes. At 1 877-927-6648. Or internationally at 727-873-7618. The Traders Edge. Now Steve Rhodes. Good afternoon folks welcome to the August 16th the magical Monday edition of today's Traders Ed and I'm your host Stevie Perseverance Rhodes who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope open out there's having a great day. Let's make sure we have an extraordinary one of the easiest way to do that is to always remember that life is happening for us. Not to us. That's right when you then make that one little two by four shift it means we can find the gift in the hands of the people that life is going to toss at us. Now today you and I were going to go check on the circumstance of these markets will go figure out with 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 know I'm absolutely grateful for your presence here. More important that that's this. During this next 60 minutes I'm here to talk to you about what's going on right now. I'm Steve Kent. Then we've got to cover there too. Go ahead. Send me an email. Send it early. Send it to Steve at tfnn.com inside the subject hitting please put radio show question and in our Tigers Den any ping will do. So let's go ahead get this show started on a magical Monday. Of course this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to less show all this news and so today I brought you out to talk about boxes. What's inside the box? This is $1.809 Nasdek 100 104 Russell's off 13 semis down 29. You've got gold trading out at 1788. That's up $9.80 Silver's up. Let's basically flat trading at 2378 Light's recruit down 90 cents 6755 is the print lead the charge dollar wise the upside intuitive surgical 11 bucks Dexcom 11 bucks Charter communication about 10 Mercado, Libre, 3%, 59 bucks, Amazon, 46 bucks, one and a half percent, Biontech, 44 or 11%. So certainly we have things to look at, of course I want to look at what you want to look at. So let's do this. Let's take a peek around the markets. There is some new information, valuable information for each of us, though that valuable information with regard to the equity futures contracts coming from their TAS market profile. So what do we know? We know that the ESMINI, you're a left-hand panel out there, is attempting to form a brand-new, bullish-structured profile. So if price does head lower, you would expect an anticipate price-defined support in the 4407 to 4421 level. If price closes above 4463, well, then it's back off to the races. Now this market profile will not be completed or confirmed, I should say, until this evening, 6.01 to be exact. So this has been solid. When I say solid, this profile formed just past 6 o'clock last night and it has remained steady, steady eddy out here, so I'm thinking that this profile is going to hold. The NQ, today we've seen it move all the way from basically the high to the low. So it's just in your consolidation, some very structured profile, a close below 14.919, which suggests lower price, but that's not where we're at right now. The Dow, the YM, this profile has changed numerous times. It now, this morning, as an example, at about 8.30 this morning, it was a bare-structured daily profile. It has now turned into a bullish-structured daily profile. Support would be between 34.837 and 34.922, resistance of 35.519. The Russell 2000 has not generated a new profile, price has just been consolidated between it, the bottom at 21.36 and the top at 22.83, although neither of those have really been hit for a couple of weeks out here. So just a consolidation sideways inside the Russell 2000. So there are your new profiles, they'll be very helpful, they'll be very helpful to anybody who's trying to take a short side or anybody trying to take the long side out there. What else do we know? If we take a look at the ESMini as an example, we know that the only profile that's holding it back from continuing its move up to 45.67 is this daily timeframe. So if you're asking me what's the upside potential, well, the upside potential is a close above the top of that profile, again, 44.63, in which case we would then say price is likely targeting 45.67. That is coming from the monthly timeframe chart, and that is the 2020 swing points, the high and low out there, and that would be the expansion of those. We take a look at the NQ, same type of scenario, although the NQ has two profiles that are resistance that it needs to clear. The daily, which is priced at, sorry about that, 15.136, and the weekly, which is at 15.190, and no, that's wrong, 15.172. Good Lord, Stevo. So really 15.172, I'd have to say, is a real key mark out there because a close above that is going to suggest to move up to 16 to 488. Couldn't bust them down, which would have tried to do this morning. Maybe it's going to go try to bust them up. And then now here, again, the only profile right now that's a resistance level is the new daily profile that's attempting to form. And again, that resistance level being 35.519, support down at that 34.837 level. So that's what's going on in the equity markets. Well, there's one more thing I suppose we should take a look at. That's that spot volatility X. Well, we can see here, if you're looking at the bottom left-hand panel, what you'll notice is price tagged, the 50-day expansion moving average, which is currently printed at 1749. The high of the day has been, high was 1771. It's tested and it's rejected. That's bullish for the ESMini. If at day then, the spot volatility X closes above the 50-day expansion moving average, then what you and I would anticipate is to move back to that support level. Assuming again that the profile holds, that would be between 4407 and 4421. Okay, what else we want to look at? You know, with regard to the general markets, that's pretty much where we need to be. Let's go take a look at our first question that is coming in. The first question coming in from Alex. And Alex writes in, he says, Steve, please show a buy price for Amazon. Absolutely. So let's take a look at Amazon AMZN as a ticker symbol. Well, we know about Amazon. It's in an A to B equal CD to the downside, Alex. So not until we see some type of bullish reversal candle on a daily basis will Amazon generate a buy signal. It's made the 1 to 1.6 when 8, A to B equal CD. That price projection, 32.68. It's trading right now at 32.47. That's as price is likely headed to the 1 to 2 A to B equal CD in the 31.64 level. Price is below the bottom of the weekly profile as well. If we pull over Amazon's other charts, see if there's any other signals out here. And on the daily basis, we can see that price has made its way back to its 39 breakout level. That's 32.18. So Alex, there's a possibility that this is where a bottom will be formed. If that is the case, you will see some type of bullish reversal candle. Without that, price just simply pulled back to its first breakout level. If price were to close below 32.18, it doesn't have to be today. Then price would go target the next breakout level, and that's at 30.62. So there's potential, but not enough potential to go ahead and take that trade. If we saw some type of signal on a 30-minute basis, and I have the 30-minute chart up on our screen, and that kind of signal would be a close above 33.37, then we'd say, okay, maybe the bottom has been made, but we don't have that signal. Without that signal, Amazon may continue to head lower. So be on the lookout for a bullish reversal candle, and if you don't see one at price below 32.18, look out for 30.62. Steve Rhodes with TF&M. We'll be right there. 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. 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You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority in technical market analysis, and it's not just dry tedious text either. TFNN airs live financial content streamed live on tfnn.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 am to 4.00 pm Eastern. For free, each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at tfnn.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN, educating investors. Welcome back folks. I've downed down 10 S&Ps off of 10 as well, and let's go to our next question. Our next question coming from Hector and the Fuel Injectors. And Hector's question is about Newmont Mining, NEM is a ticker symbol. In a specific question on Friday, I drew in an A to B equals CD pattern. It's one that is showing right now. And Hector's question, so in the case of this A to B equals CD, both Hector and I chose the same A point that is the high for May 19th. I then chose for my B point, the move down into June 29th. Hector's question is, why did I use that versus Hector used the swing point from July 23rd? So let me try to explain that the best that I possibly can. And the reason I preface it like that is because the A to B equals CD pattern for the most part is a very subjective pattern. And so both A to B equals CDs, in other words, whether I use, now explain the reason why I did, but whether one uses the swing point from June 29th, that would be correct. Just likewise, you could also use that swing point here from July 23rd. That too would be correct. Which one is more correct? I don't know the answer to that. First of all, I don't know, and I did also say on Friday, Hector, I don't know if you caught this, this doesn't look like an A to B equals CD pattern that's going to complete. Although it's drawn in here, and it can, and I'll explain the reason why as well on that. But the reason, so what I'm looking for here, and then when we're, in the case of the A to B equals CD pattern, we're always using more information as we get, as we get more information, if the pattern changed, we go in there and redraw it. Well, the initial pattern out here, Hector, if we were drawing it, I think you would agree with me that the B point would have been June 29th. Forget about this data over here, you know, because we hadn't gotten, let's say, to July 23rd. In other words, if the chart was looking like this, you would have chosen the same A to B and B to C and C to D swing points out here. Now, in this case here, when we see this retracement found resistance really at the top of that profile, July 14th. So that's a reason why I just stick with this as the A to B equals CD. But in either case, so yours might have, yours would have a lower one-to-one price projection of $51. On Friday, I said, I don't think that Newmont Mining is going to fulfill this A to B equals CD pattern. Now, the reason that I said that, my thoughts on that might change a little bit today, but first, let's take a look at why did I say that on Friday. And the reason I said that on Friday is because what Newmont Mining still has is a confirmed roads momentum indicator bottom. It did that when it generated this bull sash candle that was on August 11th because that was the bullish reversal candle. It's going to be the low of the pattern. This is a two candle pattern, a bull sash. And that says that the low of the prior day, August 10th, that low is really your support level, that price would have to close below to negate the pattern. So Newmont Mining has a confirmed bottom in it. That low that we need to pierce, not pierce, but close below $57.96. So it's got a valid bottom pattern here, what it has not been able to do. And I was tempted to take a long position in Newmont Mining this morning. I was thought about sending that out for subscribers. Price is inside a bullish structured profile, but what price has been unable to do has been unable to close above its red oscillator and change line. So it hasn't, even though we've gotten the bullish signal, it's not as if the bulls have really stepped up their game. In fact, they have not stepped up their game. So is this a bottom? It may be. Is it going to go on to make that A to B equal CD to the downside? Well, if it closed below that low out here from the trading day of August 10th, then I would say Hector more likely than not. Okay, then that pattern is back in play. But right now you've got a valid bottoming pattern. It just has been able to prove itself to you. That's on the daily timeframe. The weekly, as we take a look and look for a bottom here, well, the answer is, hey, guess what? You have a TD nine count bottom. Of course, that says that last week's low is a key low. If price closed below that, that says a further move lower than maybe that A to B equal CD pattern. But on Newmont Mining, both on a weekly and on a daily basis, we've got a valid bottom. So then, Steve, why didn't you take the long trade? Well, the interesting thing was as gold was beginning to move higher this morning, when I say move higher by about five bucks or so, but off of the lows, there was a little TD nine count bottom that formed earlier, the mining equities didn't really move much. And that always makes me say, hmm, something to think about. Now, what you should do at home, and I'm just trying to find the chart here, and we'll see if we can do the same thing. And that would be what this chart? Yeah, okay. So this chart here, which is this side. So we've got the GDX on the right side. You've got gold on the left side out here. You can see how gold has had a nice rally, right? I mean, after that big move lower on August 19th last Sunday, it's just been nothing but a nice big rally to the upside. We cannot say the same thing about the GDX. If I go back, so that's going to be one, two, three, four, five, six, so maybe seven. I'm going to get to the rate of change out here. And let's either set it's either six or seven. I'm going to go ahead and put in seven days. So if you give me just a moment to do that, let's get this rate of change out here. Blank, what the heck? So I upgraded this software over the weekend, really was on Friday. And there are some tools that just aren't, oh, three days. Okay, so I want to go for seven out here. So let's get that to seven. And then let me come over here and get to the GDX. And so on the GDX, we've also got seven day rate of change. Now, the reason that we're taking a look at the rate of change is in a bull market for the mining equities, the rate of change will be two to three times the rate of change in gold. The rate of change in gold right now over the last seven sessions, that can't be right. It must be six sessions. Right now, my computer system says minus 1.12. And on the GDX, it's minus five. So it's the exact opposite. So yeah, so the reason that I didn't take that trade this morning, Hector, is because the mining equities have not proven itself to us. And I really have to go by. I know that I did a study a long time ago. And I couldn't find it. I looked forward over the weekend. But go back and do the study as well for yourself. For those of you that are taking a look at the mining sector, go back and see how often do the mining stocks take off when their rate of change is less than the rate of change of Goldilocks? I believe that the answer you're going to find is not very often out there. So that can change, but it hasn't changed as we speak right now. So again, back to the A to B equal CD pattern out here. Neither of us are wrong. It is a subjective pattern. I like this pattern out here because it was the original one. And there was no reason to really change that Hector. And look, there's multiple A to B equal CD patterns. But right now, as long as Newmont mining can hold this bottom here at the 5851 level, the bottom of its profile, it's got the potential out there. It's certainly given us the bottoming signal. The caution sign is really coming from Goldilocks and its rate of change versus that for the mining equity. So Hector, I hope that that helps you out. But if not, please write me back. And because I'd like you to be able to at least get the thought process that Stevie is looking at when I'm taking a look at drawing the A to B equals CD pattern. Steve Rhodes with TFNN gives call 877-927-6648 to send me an email Steve at tfnn.com. We'll be right back. 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Let's go switch over to my eight-paneled chart out here and get a feel for what's going on intraday and as well as the daily time frame. So here, as we take a look at gold, gold has a TD9 count top for its monthly time frame. You can see that out there. For its weekly time frame, it's got a TD9 count top, it's got a TD9 count bottom, and it's had a buy the D point last week. It did generate a bullish hammer candle. So gold has a, it should at least target its oscillator and change line. That's at $1,870. That's what the weekly chart shows. The daily chart, let me expand this out. Although the A to B equal CD pattern is not drawn in here, you can visually see it. It did get the wave number seven S letter G. Price is above the oscillator and change line out here, and that says that that price should continue to move higher. Now not shown on this chart is the daily profile. In that daily profile, the bottom, in this profile form below price, that's typically a bearish signal. If it's going to be bearish, then price is going to find resistance at one of three areas. 1786-30, price at 1787, 1802, and 1817-70. Those are the, oh shoot, I gave you the wrong levels. My apology. Hold on a minute here. Let me give those to you again. 1788-50, price is trading at 1789. 1804, not like this is going to make a huge difference in your world, and then 1820-10. But I do want to give you the correct numbers out there. If you close above one, typically you'll go to the next level. Those are the three different TAS market profiles, bottom, center, and then top. So that's the daily timeframe chart out here. If we look at intraday, what's going on, a 30-minute timeframe chart, there's a roadsman to indicator top. It was generated with this nice little dark cloud cover at 1130 this morning. That says if gold is going to be on its merry way, it closed above 1791-30 would be that signal. So if you get above 1791-30, odds favor, gold will make a move to 1804. You might say, well, gee, Steve, that's not a ton of money. I know, but I want to be able to give you where price would likely go to next. As far as support is concerned, in the case of goalie locks, the roadsman to indicator signal, price could pull all the way back to 1776-90. I don't have a signal that suggests that that's what it's going to do, but that's what it could do, and that's what it could do if we were to see it closed below, I'd say about 1787-70. You're only 1789-20. So it's just a couple bucks away. As we look at the other timeframes out here, if we look for tops, the five-hour timeframe chart is now in bar number eight of ATD nine count. That says if gold is going to form some type of top on the five-hour chart, it's going to happen by about four o'clock today as the five-hour chart bars come to an end out there. So I would say that overnight you could see some type of pullback retracement will be normal inside of a goalie lock. So that's what's coming from the five-hour timeframe chart out here, and not that gold necessarily needs to get any higher. It's going to have bar number eight. So with that roadsman to indicator top on the 30-minute timeframe, you can see there's one on the 60-minute as well, the continued move higher in gold is likely done for the day, at least as we speak right now. As long as we're over here, take a look at gold. We probably should go take a look at what's going on in the currency pairs. We don't do that often enough. Let's do that as long as we're over here on our eight-paneled screen. Of course, now we're down to a two, four, six, seven-paneled screen out here. But these are the currency pairs that make up the US dollar index with the euro over on the left-hand side. Next to that, the yen. Next to that, the pound and the Canadian dollar, the Swedish corona and the Swiss franc out here. But as the US dollar index that's one on the very right-hand side, you see that price stalled up at the top and generated a second roadsman to indicator top out here. Although if you caught the one o'clock update, what you know is that big move lower inside of the US dollar index on Friday, but that big move lower on Friday, was nothing more than a test of support or close to support. Support is actually $92.41. The actual low that took place on Friday was $92.47. You've got to love that. And as long as price holds that, the US dollar index may just simply trade sideways. It's traded in between support and resistance. Support we just provided to your resistance was the top of that roadsman to indicator top from about four days ago. Now, are we getting clues from, let's say, the euro as to what the US dollar index wants to do? Not really a clear signal. It's the exact opposite of what we just looked at on the US dollar index, with the exception being, I don't have a TAS market profile to go take a look at for you. But price did close above that red oscillator and change line. And if that's the case, that that's a signal that price could move higher out there. But if it's going to move higher, here's where the real tell comes. You'll see a close in US dollar index below $92.41. So we don't really have to know what the euro is going to do or whether it's going to be able to do it. We just need to know when the signal that the euro is going to move higher is going that that it's likely going to move up to the 119 level. That would occur if we were to see the US dollar index take out support. And that would be $92.41. As far as where the US dollar index would trade to if it took out support, it would likely trade down to about the $92 level. So that's what's going on with gold, US dollar, as far as the other currency pairs out here. If we look for anything that's of significance, I don't really see anything to report on for you. So that's what's going on with regard to the US dollar index. Let me check, see if there's any requests out here. We've got a request from Mark D. Mark D says, if you'd be so kind, you're in meet, meet.cn. You know, Mark, I don't, that's going to be a Canadian exchange stock. Let me just see here if what comes up here for me, for me. And the answer is nothing. And so I don't have access to the Canadian exchange. I just haven't paid for it. So I can't look up meet.cn. But if you've got something else that you'd like me to take a look at more than happy to do that, just go ahead and send in another request. There's also a request here to take a look at Apple. AAPL is the ticker symbol. So let's go ahead and get that in here. And we can see that Apple right now on a daily basis is really trading into resistance. So when I say resistance, price is above the top of its bullish structured daily profile. 149.01 is the number. But all we have to do is go a little bit further over to the right. We can see that on a weekly basis, there's a bearish structured profile. It's at 150. Even Steven, that is where Apple needs to close above. You don't see the chart. Oh, thank you. Sorry about that. I forgot to switch over. Thank you, Mr. Bill. I'll be in a moment to do that. Okay, here is the Apple chart. So again, on the daily side, on the very left hand, you see that price is trading above the top of that daily profile. But notice here, and let me just do this. Let me just get rid of this. We can always put that back in here. That's the expansion. So now you can clearly see the bearish structured weekly profile. So if Apple can close above 150, even Steven, by Friday, that will be intermediate term bullish and suggest that we had to hire price. Now, let me pull over my other charts, give me a moment to get there and then get Apple. Well, actually, you know what? I've got it up on the daily and weekly. We must have looked at this on Friday. Let's take a look at the other chart here for Apple, the other set of charts for Apple or tools. On the daily timeframe, we get here. So on the daily timeframe, nothing really here to add. On a weekly timeframe, this is going to be the bar following bar number nine of a TD9 count. That's going to make this week's high really important inside of Apple because whatever that high is, if next week price begins trading above it, that's pretty much a signal that the markets are going to go ahead and move higher into October. Wouldn't that be nice to know in the middle of August? Steve Rhodes with TFNM will be right back. Are you in the market for buying or selling real estate in the Bay Area, including the surrounding St. Petersburg, Tampa and Clearwater markets? 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Visit DirectionInvestments.com slash Biotech today. An investor should consider the investment objectives, risks, charges, and expenses of the Direction Chairs carefully before investing. The Prospectus and Summary Prospectus contain this and other information about Direction Chairs. 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, 4-Side Fund Services, LLC. Welcome back, folks. So I think we have finished off Apple again just because we were going into the last piece of the break. And this is really going to be helpful for each of us to try to understand what the market's real intentions are. Because at this stage here, we know that the market is somewhat negated the unfavorable seasonal cycle. And what I mean by that is typically during the unfavorable seasonal cycle, we would have a high end that would typically last through about the middle of October and we don't have that. So the question is, instead of moving lower into October, are we going to go ahead and move higher into October? So how do we answer that? Well, we answer that by looking for clues and certainly stocks that are heavily weighted because they could be the ones that would provide us with a signal. So for example, Apple is one of those charts. Because we know that there is now a valid TD9 count. And the reason is because price is overtaken by our number five on a weekly basis. And that high was the high of about 50. We've gotten above that, we're trading above it right now. So that says whatever the high is this week in Apple, that will identify the key resistance threshold level of the TD9 count system. And if we were to see a close above that, that would then be a signal, at least to Stevie, that the markets are likely going to go ahead and move higher into October. So Apple is really a key chart for each of us to come take a look at certainly next week. And of course, it's by the close of next week that we need to know. So really about a couple of weeks, but still it's a really important, in my opinion, it is an important chart, the weekly chart for Apple for us to really pay attention to, because that could be giving us that signal out there. Zip inside the tigers den wants to take a look at Microsoft. No, Monster MNST. Monster Energy Drink is out with that is Monster Beverage Corp. So absolutely. So as we take a look at MNST, what do we know? We know that Stevie Stolling here is I try to get that typed in on my other system. Okay, well it was the first thing that we knew. The second thing that we know is that Monster Beverage is consolidating right now with inside its daily profile zip. So that's in between support at $96.66, resistance at $99.08. We know the price is above the top of the weekly and monthly profile. So from a profile standpoint, no resistance there. Your resistance is at $9808. Let's pull over Monster Energy's white background charts and see what kind of signals out here that the zip needs. Well, on Friday, well that's the weekly chart. Let me come back. Let's go to the daily. Let me populate this here. And on the daily chart zip, all we've got is really an A to B equal CD pattern. Let's come back and take a look at that pattern out here and see where we're at and see if there's a confirmed A to B equal CD. We'll come back to those charts. Just going to expand out the daily timeframe. And the A point that I'm going to use here, I'm going to go ahead and just use this low from July 9th. Hector, you could use this low from June 25th. We can come back here and do another A to B equal CD here from May 7th. There's a number. I'm just going to use the most conservative one right now. So there's our A point and our B point out here is going to be July 23rd. And our C point is going to be the low on August 5th. You can see that price has already made the one to one level. So that just says, hey, we want to be on the lookout for some type of bearish reversal candle. Now I know somebody in the audience is saying, what do you mean, Stevo? I see red-bodied candles. And that's absolutely true. But a red-bodied candle doesn't mean it's a bearish reversal signal. We're looking for Japanese candlesticks out here and we just don't have that. So there is no confirmed top. You have the completion of the one to one A to B equal CD, which has now led to a consolidation out here within those profile levels. So that's what we see when I take a look at the daily timeframe. Now let me come back to my other white background charts because I want to take a look at that to say, okay, maybe there is an A to B equal CD. It's completed. And that's going to suggest a pullback to 9705. Now price still may pullback to 9705. That is the oscillator and change line. But the MNST for the daily timeframe continues to look bullish to me, Zip. So I hope that that helps you out. The weekly chart for monster energy last week generated erodesment and indicator top as a result of its bearish shooting star candle. However, what we do see is price is above its oscillator and change line. So its signal is either neutral to bullish versus bearish out there. So even with that, it still looks bullish to Stevie. And on a monthly timeframe out here, I don't have anything right now that suggests to jettison your position. If you are in that position right now, it's just a sideways consolidation, but things still look pretty bullish for monster energy. So I hope that helps you out. Thanks much for writing in. Let's go to our first caller that's Brent in Martinez, California. Brent, thanks for calling. Thanks for holding. How are you? I'm doing great, Steve. It's so nice to have you back and you sound like you're doing well. I'm hanging in there, absolutely hanging in there and good to be back. So thank you. And Gilead Sciences, GILD is, I believe, what you've called. Is that correct? Yeah, I called. I think it might have been the first day you're back that there was some issue with the obvious. You couldn't really take calls. Yes. So I want to focus, of course, more on the longer term, because I'm not day trading. This is a longer term investment. And I believe there was something on, I can't recall if it was the weekly or the monthly, but I think it's above one error. The next level you kind of talked about was around 78. And I guess my question would be if it were to get above that, then is there something then, you know, past that, that they'll watch? What other errors do you have that might potentially be an issue? And I think after day, day number four in the daily, and maybe you can get into the weekly cap thing like that. Sure, absolutely. So just first with regard to the weekly, there's an A to B equal CD pattern that isn't play out here. I'm just simply drawing that in. And the one to one price projection level for the weekly chart would be 74.19. And 1 to 1.272 is 77.67. So that's on the weekly chart. I think the level Brent that you and I might have been looking at that we want to see price clear was coming from the monthly timeframe. And that level was 70.21. And 70.21 is the top of the profile. Price is above daily, weekly and monthly profile level. So price is above resistance there. So before I pull over the white background charts, is there anything that you need from these charts here that we haven't already discussed? No, that was important to me to, you know, I was really having a lot of trouble with the 70 level or sellers there in it. Yes. Be able to get above and close above that last week. And now it's done that for a few days on a row. So that's important to me. Now we'll just see how it handles the next levels above that. Yeah, no, I guess go to the other chart. Yeah, yep, yep. So here on the daily bar number four, but TD9 count. So no TD9 count pattern or no other pattern that I see here to be concerned with. So that's positive on a weekly basis out here. Boy, it just sure looks strong, super strong. And when I say super strong Brent, 78.94 will become its next price target to the upside. Granted, we already looked at A to B equals CD patterns. And those are still applicable. But short of the A to B equals CD pattern, the TD9 breakdown level is at 78.94. And there's not anything on the weekly chart to suggest that that's not what its eventual outcome is. Again, it's a weekly chart. So I'm not saying that happens tomorrow, but that's a positive. And then on the monthly chart. So this is kind of interesting. This is going to be month number eight of a TD9 count. But you and I know that that could occur a TD9 count on the bar following nine or bar nine. So it still could be a couple of months away. Hey, Brent, we're going to a hard break here. Just hang on through it if you'd like, because I want to be able to give you whatever information and questions you have. Steve Rhodes with TFNN. We're taking a look at Gilead Sciences, G-I-L-D. I hope you're ready. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure. But you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority and technical market analysis. And it's not just dry tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV. 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Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Welcome back, folks. We're taking a look at the chart here for Gilead Sciences with the Brenti and the Martinez California. We're taking a look at the monthly chart as we're going into that breakout there. Brenta, as I mentioned, this is going to be bar number eight or should be bar number eight on a monthly basis, but when I go back and I look at the chart patterns taking us back into 2006 timeframe, I don't see any monthly charts where bar number eight identified the top or bottom of that pattern. Odds favor that this time would be similar in that you should get bar number nine and the bar following nine, I would say. So what additional information or what other questions maybe can I answer for you? That's great information. I appreciate, Steve. Again, I don't even know what my position is here, but it's been longer term hold. I think they did some acquisitions last year that were oncology-based acquisitions that I'm hoping at some point will pay dividends. I think technically it's acting okay. It's doing better than it had for a little while here, and we'll see how that continues. And then as far as fundamentally, I think there are some things there that would make sense to try to hang on to it if it keeps acting good technically. Excellent. Well, the chart pattern, the chart patterns look great and kudos to you. And Brent, always good to hear your voice. So thanks so much for calling and we'll look forward to speaking to you again soon, I hope. That was great talking to you, Steve. I'm still happy to have you back and that you're doing well. Thank you. Thank you so much. Brent, you bet. Brent de Martinez, California. Real quickly here, we've got one request, and that request is to take a look at Pfizer. And that was actually for Mark who wanted, who was looking at the Canadian stock. Pfizer, trade above all profile levels out here, daily, weekly, monthly. So everything there looks strong. Marcus, I take a look at the daily just looking for any kind of topping signal or anything. You do have wave number seven. That is letter G that is in play, bar number eight of a teeny-nine count. So Pfizer could top between today and Wednesday. That'd be a short-term top that should take price back to about the $47 buck level. And that's on the daily time frame. Folks, stay tuned. You've got two more great hours up and I'll see you back here on Terrific Tuesday. Have a marvelous Monday, folks. Building wealth trading in the stock market seems