 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 January 11th, the terrific Tuesday edition of today's Trader's Edge show I'm your host, Steve Perseverance Rhodes who absolutely knows in each of us should 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 ship Well means we can find a gift in every set of circumstance that life is gonna toss at us now today You and I we're gonna 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 just passed 1 o'clock in the afternoon. I do want you know, I'm absolutely grateful for your presence here But more important than that and that's this During this next 60 minutes, I'm here to serve you So feel free to pick up that phone would love to hear from you can dial on it at 877-927-66 for it If you can't call them, we understand but we've got your back That means you can go ahead and send me an email send it to Steve at tfnn.com and inside the subject And if you would be kind enough to put Radio show question and in our Tigers did well any in 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 let's show right now We've got most of the u.s. In disease trading to the upside the only one that is not is the dow transports is up 100 points Otherwise the dow is up 37 the s&p is up 19 the nasdaq 143 the Russell's up 11 some eyes are up 41 Gold's up 19 bucks silver 34 pennies lights recruit is up three bucks. She's traded 81 27 natural gas up six pennies Continue with the rally that began yesterday the 30 year treasures up 10 ticks 155 21 is where it's printing lead the charge dollar wise the upside 97 buck runes for mercato libre. That's a little over 9 percent amazon 73 bucks two and a quarter percent Aluminum is up 48 bucks 13 percent booking holdings 38 nearly about one and a half one and six tenths percent chipotle Is up 2 32 bucks to the downside it is a moderna off 10 bucks nearly five percent Bayana tech is down 10 bucks or four percent Saya s a i a i believe that's the moving company down two and six tenths percent seven bucks Thermal fishers off seven dominoes pizza down seven So we've got things to look at of course. I want to look at what you want to look at Let's begin by just simply taking a look at what's transpired Yesterday, how do I best and easily communicate this to you? I think the easy way to do that is just go back to these charts out here So these charts we're taking a look at a four panel set of charts for the es mini You have the left hand corner. You've got the daily upper right hand corner You've got the weekly lower left monthly lower right. You've got the quarterly So we're really going to focus in on the daily time frame back on the trading day of December 27th We had the es mini close above Actually, I take that back on the day of December 23rd We had the es mini close above the top of the bearish structured daily profile that profile level is 470950 The close was 4715 the very next day the second session you had followed through We had two consecutive closes above that resistance level tells us about a real breakout that is going on now When price or if price does pull back into a bearish structured profile that is broken out of my experiences If it's only a counter trend to move Where price will find support is at the center of that bearish structured profile. Sometimes the top is enough But uh, typically we see price pull back into the center. Now look it did that yesterday Somebody out there is looking at their screen saying wait a minute stevo Look at that long legged wick out there Yes, but the body of the candle is really the essence of price It is you know the wicks provide us with information most certainly and price did push down to test its rising trend lines out there So that's another potential level of support, but it's really the center of that bearish structured profile. So So far the move that we've seen has been nothing more than a counter trend move in that bullish market. Now granted i'm i'm I want to make sure that i'm clear out here I do believe that the high for the year is in but the markets are going to prove itself to us Anyways, doesn't matter what I think the question is what is it doing now? And what is it likely to do well the likely to do part We know that price was unable to bust it down. It's just a counter trend move and what we have right now is a new daily profile Now the current profile is bullish in structure. It's coming. It's gone a couple times during the day I don't know whether it will be here at 6 0 1 this evening But that's when I would get the confirmation of it We go with the data that we have right now support is at 46 43 Where price is running into resistance happens to be the center of that profile That's where both buyers and sellers believe there's fair value. That's an area where that it should find Some resistance 46 90 if price can close above 46 90 doesn't have to be today But if price does close above 46 90 assuming this profile Remains out here. That's when then the signal would be that okay. I'm going to go all the way up to the top of that profile 4808 but before I can get up there It's got a number of different resistance points that it has to deal with for example 47 43 50 would be one of them as I look to another one my screens 47 31 That shows me the oscillator on change line for the daily time frame So there's a number of battles right now the key battle for you to be watching and observing Is going to be the current center of this new profile attempting to form 46 90 50 The price is able to close above that odds favor that we head back to the top of that profile out there So that's what the markets are doing. We'll come back to the markets because we have call ahead seating here And we've got a caller on the line. So let's go out to john and philly john Thanks for calling. Thanks for holding. How are you doing today? Steve i'm doing very well. Hope you're doing the same and thanks for taking the call. I wanted to ask you about oil Yes Fire away Steve by way of background I spoke with you on your show They excuse me back late october. I think it was the first Excuse me the last monday of october and oil were approaching what became a Tradeable chop at 85 and change. I think it was maybe 83 at the time And i've been trading it on the long side almost exclusively into that time and was asking you hey steve Your tools your techniques are there any Are there any indicators that suggest? We ought to be careful Watching for this rally to complete. Well, lo and behold steve you pinpointed a number of indicators That said yeah, uh, I see this Coming very close to possibly completing. Well, it completed. I think within a day And then it eventually declined as you know from 85 back towards 62 63. Anyway, uh, that's the background I've been trading it again the past couple of weeks exclusively on the long side once again I'm long as we speak And my question to you sir is As we're up over 81 now approaching that prior high of 85. Is there anything in your work or not? No, the only thing that I see in my work are these natural normal type resistance levels for example 8465 Which is an area that it did take on as you pointed out And that's the high that goes back into the october 2018 level. So that's a number Area out there for us to watch john. We've got to go to a break here. So please stay on through this break We'll come back. We'll continue taking apart the charts for lights. We've crewed for john and philly Of course, I'd love to hear from you as well folks eight seven seven nine two seven six six four eight steve rhodes with tfnn 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 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 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 task profile scanner is the premier market profile base scanner Powered by its acclaimed task 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 for a limited time You can save $100 off your first month by using the promo code upgrade And you still get a 30-day money back guarantee So you have nothing to risk Level the playing field with the task profile scanner, which you can find under the services tab at tfnn.com Sign up today 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 Live every market day from 8 30 a.m. To 4 p.m. 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 Oh now toll free at 1 877-927-6648 Internationally at 727-873-7618 Welcome back folks So we'll take a look at the charts of lights we drew with john and philly And in essence his question is uh, are there any uh patterns that I see in any of my charts to suggest that You know, maybe we're headed back to you know, just a double top triple top whatever kind of top it might be But some resistance out here. So the real resistance level john is going to be and I'm looking at the weekly chart So the weekly chart formed a td9 count top And that was weak that began october 25th and that high out there is 84 10 84 10 also happens to be the top of the weekly profile So if it so that's where price is headed to we don't know whether we'll take it out or not But if it does take it out, then you've got an a to b equal cd of the upside We had higher with the next battle being 89 55 But that doesn't mean that price isn't going to go beyond that So the real battle ground even though I mentioned the price point of 84 65 for me It's really going to be 84 10 if price can clear that level Then that would suggest to you and I that we should head to higher price now During that break I also went back and looked at the intraday charts just to make sure that I was correct on that So the only intraday topping signal that we have that you should be paying attention to is a td9 count On the two hour time frame chart for lights we grew do you use the two hour time frame chart for your trade at all john You know that I do steve Okay, perfect. Okay. So you're in bar. You're in the bar following bar number nine Um, so whatever in this guy, this is going to end at two o'clock So we've got another 40 minutes 41 minutes before this ends Now that might be just a short term top might pull back to the top of its daily profile where it's also at our Change line is hanging out right now at 79 77 But the other side of this is is whatever the high is if there's a close by four o'clock Above that high this pattern will have failed and that would be the confirmation additional confirmation That price should then head up into that 84 10 level So I don't have any other topping signals In fact, I would tell you john on the 240 minute chart price is negated the topping signal that it had Um, yeah, I just don't have any other topping signals out here So it's only the two hour time frame chart to pay attention to and it's whatever the high is Um, you know, it may be the high that we've already seen today or maybe we see another rally between now and two o'clock That's what I would be watching out there any questions about so the information I've shared with you so far or anything else that I can't provide you with yeah, no steve. I uh You've done enough I'll just pick out Something that was of greatest interest to me and listening to your words namely The assessment on that weekly chart if 84 10 84 65 is taken out an abcd Target is up near 89 90 And fundamentally to me that seems to fit Uh understand this a lot of the oecd world is but cap backs a lot of the ground So that will constrain the supply side. I don't know and hence the uh, the reason for my call here to you today so 89 90 if we surpass that resistance Very helpful. I appreciate that Perfect perfect. Hey john. Thanks for the call always good to speak to you and I have a terrific tuesday We look forward to speaking to you again soon That was john in philly So we're talking about oil john. I were talking about oil obviously That kind of leads in or segues into our first request out here that comes in from hector and patty In hector and patty want to take a look at x on mobile So let me get to the charts out here our three time frame charts So we've got x on mobile the question is can you please do an a to b equal cd up on the weekly For projected price targets. Well just so happens. We have that already in here So hector here's your small a to b equal cd that gets you to 72 24 Now if you want to see the large a to b equal cd It looks like this so we keep the small one on there as well as the add this new larger one So the large a to b equal cd inside of x on mobile on the weekly basis hector You'd start down at the october 26 2020 low The higher the b point looks like it's the high from the week that began june 21st of 2021 and the c point Be the august 16th Low the one to one a to b equal cd pattern Inside of x on mobile by the way the b point had volume of Of course, let me get the data box so that we can actually read this together here Because i'm not very good at reading numbers behind numbers So the volume was 116 million shares last week us are past that with a wide ranging bar and 151 million shares So x on mobile on a weekly basis as a confirmed a to b equal cd that should take it over time Up to the 85 91 level. So that really kind of goes into, uh, maybe john's question Who's the dog? Who's the pony out here and um, you know, right now what the x on mobile is communicating to you Is that it's going to go higher and if that's the case? Well, we should see lights we crude continue to take higher and maybe in fact what it's going to do is take out that 84 10 level i believe was the number that we were looking at but let me just read the question In its entirely can you please do an a to bc up in a weekly projected price target because of the volume you're interested in what the 1.618 would look like well I think maybe you were thinking about the smaller a to b equal cd pattern that i had in there that too By the way has been confirmed the b point had 88 million shares last week was 151 So we've got confirmed small and large a to b equal cd up patterns the small 172 24 and the 1.27276 12 The 1618 gets you to 8107, but hector. I really think it is the bigger pattern That is the one that is in play here So I hope that helps you and patty out and thanks so much for the request and have a terrific taco tuesday as well Um, although i'm up steve's gonna eat tacos tonight You never know so, uh, that's the only question we've got by email But i do see we've got another caller on the phone and that is url url. Thanks for calling. Thanks for holding. How are you? Good happy new year. Thank you very much. Happy new year to you as well. Are you off to a good start? Yeah, and I'm really hoping to bounce it up here. I'm along the slv Okay, and I wondered where it is on your account Ah, so the slv is uh, you don't have to worry about counts out here So that's not an issue. We'll come back to it, but you're along the slv Let's first go take a look at where it's likely to trade to and where it's where it's likely to find resistance and to do that Or just come back here and take a look at the silver chart I'll go take a look at the slv chart for you momentarily But really the slv chart is going to take its Q from what's going on inside of the silver contract. So the silver contract. Yeah, yeah The silver contract to url has significant resistance at 2347 now It's the daily time frame that we're looking at that's the upper left hand corner We can see that prices trading with inside a bearish structured profile We know that both buyers and sellers sit at 2345 But right now when we take a look at price action Those sellers have got the upper hand price has not been able to make its way through that area Even to get up to where the real sellers resided at 2393 So silver should target 2345 now if I go over and take a look at the slv chart I'm not sure what I'm going to find but let's go take a look at it out here slv Oops slv and let's uh get this reduced down so we can take a look at its daily time frame And on the daily time frame. Yeah, so so its profiles Url do not match up at all With what we're taking a look at inside of the silver contract and the slv The interesting thing here is this has a new profile that's attempting to form right now And right now prices below this area. That's typically a bearish message. So the slv would say and You know, we're going to a break your hold on and we'll be right back with url and seminal Are you having fun trading the markets? 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We're taking a slv That is the etf for a silver out there Earl is long this and looking for some guidance as to what it's communicating to us So the underlying instrument here is silver and I choose to use that for its message And we're seeing a perfect example of it if I just use the slv as I mentioned before we're going to break Earl There is a new profile that is attempting to form when a profile forms above price That's typically a bearish message and it would say That price should find resistance at 21 22 and move lower. Maybe that is the outcome I don't know obviously But what I would be watching is really the trading day the key trading day out here is the trading day from December 28th December 28th on either the slv or the silver contract Was a td9 count top and that top is held price tried to uh, you know pierce it, but it could not close above it So the real resistance level is going to be 21 51 If you see a close above 21 51, then that would suggest that price moved to 21 76 and if price can clear 21 76 Earl Then you'll be in slv heaven Because that would suggest to move up to 27 39. So I have to take this one step at a time I did mention to you that in the slv you don't have to worry about the td9 counts or anything Now the only then that meant with regard to the current days bar Uh, not really not really referring back to the td9 count in slv that formed on december 28th out there. So Any questions of so far in what I've provided to you? No, I had a target of 21 51. I'm I'm in a short term Okay, look over 21 51. I wondered if you see much resistance Well, you know on the slv because of the new profile, I suppose the answer is yes But I discount that and I and I prefer to move from this chart then back to the silver chart And as I pull over the daily silver chart, this is the march contract that we're taking a look at You're the next resistance level on the price of silver is going to be at $23 and nine cents out there So that would be you know a level that I would be watching not exactly sure what that's going to equate to on slv Right now is trading. So you got silver 2275 and the slv is at about I think it's around 2104. So I hope that that helps you out. Um, but Perfect, perfect. Okay. Well, that's that's that's my task. That's my role here At don't want a clock because do whatever I can to help out anybody that calls in So does look like it wants to run higher the other thing that I would be watching for It would be gold because gold may be the instrument that makes its way up to resistance before silver And perhaps gold is going to control the direction of silver. So before you depart here, we're going to pull over the gold chart Momentarily if you give me a moment, I'll find it and here what we're going to see earl Is that just I'm going to expand the chart out is on a weekly basis We can see that the top of that weekly profile, which is 1828 50 We're in 1818 90 right now. That's the key resistance level. We hit that back on the week of december 27th We did it the following week, which is last week looks like we might do it this week I don't know if the third time is a charm. I might be sure what the third time is a charm means out there Uh, but uh, if price what I do know is though if we can't get it closed above 1828 50 That might really bode well to your message in silver. Kind of makes sense That's your story and you're sticking to it It is so uh gold's gonna probably hit resistance before silver does and if gold can take it out Likely so can silver out there. So those are the areas to be watching earl. I hope that helps you out Uh, thanks for your wishes same to you and is there anything else I can do for you No, thanks a lot. You you're a great help man. You're the best Well, thank you. I'm the second best. You're the best Ha ha ha I wish As do I do Hey earl, thanks so much for calling. Have a terrific tuesday That was earl in seminal florida. Just checking real quickly the email Stream, I don't see any requests out here for that um So let's go and take a look at the uh, let's just simply take a look at the the markets Well, since i'm on this page here, let's take a look at this page. Here's our equity future contracts out here So what do we know about yesterday as well? You know, let's do this here because uh, you know, I tried to I tried to Articulate as clearly as I could what the es mini did yesterday Let's articulate what the nq did yesterday and as we take a look at the nq Remember in the es mini we were talking about the daily center of its bearish structured profile turns out in the case of the nq It too had a bearish structured profile, but it was really for its weekly timeframe That was the week of uh, october 18th that price closed above that Followed through the next week and it's been above the top of that weekly profile It still is above the top of that weekly profile So based upon that first conversation that you and I had as we were taking a look at the daily charts for the es mini It's bearish structured daily profile If you were to take a look at this chart and say on a counter trend move Where is it that the nq should find support? You would scream out 1510405 because that's the center of its weekly profile. Well, the low yesterday was 15152 So it didn't get all the way down there, but it's inside that range It is that range of the 15104 to 15303 level What price did was it negated that prices above that level? So it says that the intermediate term trend is still in place Not that the high couldn't be in for the year, which I believe that it is but the intermediate term Bullish trend is absolutely still in place out here based upon this week's activity Price is in fact the only way to get a change in trend in the nq right now a confirmed intermediate term Change in trend would be a close below 1580458 really. We need to get two weekly closed now I'm not talking a daily close I'm talking a weekly close and that would be below the bottom of that weekly profile Now since yesterday There's a brand new daily profile that has formed and the bottom of that profile is at 15434 It is Pretty equally balanced out here. So there's no benefit to either the bulls or the bears price is pretty much sitting at the center So, um, and which is at 15717. Well, I take that back. It is You see where is that the center? Yeah, 15 we're above that 15717 We're at 15787 right now. So 70 points above that this could be a signal to you and I That what the nq is going to go do is go target the 15999 level So for those of you that are taking a look at hey, where do I want to short this market? Maybe what you've received today is a gift now this profile won't be confirmed till 601 But it's valid as we speak and that gift would be start probing at the 16,000 level the 15999 area Now if price is able to close above that level Well, obviously that probing would have been wrong But it also would a close above that level would suggest that we move higher now If you close above that level 15999 then there are no more daily There are no more profile resistance levels Maybe on an interday chart, but most certainly not on a daily timeframe chart So, uh, john just posted the questions the nq likely to form a lower high or run back to the highs john I wish I could answer that question the easy way the market will answer that question for us and Based upon the what we think is a significant top out there Where price should find resistance at 15999 if price closed above 15999 Then the price likely heads higher and you can see on the daily timeframe in the nq It's got a established already sending trend line that would likely become the target That could be your third slightly lower high out there and that may be where the hook gets set I don't know, but right now the level to be watching is going to be the 15999 level So if that helps you out we get back from this break, uh, dan and boston wants to take like a tick symbol lgvn So we're going to go take a look at that today with him as well. 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Call us today The technology around us is changing every day with so much happening It can seem impossible to keep up with all the information David white's investment newsletter the technology insider is designed to give you all the information You need to understand the technology that shapes today's markets and tomorrow's future David white has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every friday with updates throughout the week You can get the technology insider at tfnn.com for only 37 dollars and 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30-day money back guarantee tfnn educating investors Biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade labu or labd Directions daily smp biotech three times bull and bear etfs Visit direction investments.com slash biotech 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 shares at eight six six four seven six seven five two three 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 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 down to another success in p28 points. Let's go out to michigan and speak with gary gary Happy new year to you. Thanks for calling. How are you today? Happy healthy and blessed one to you and all you love steve. Thank you. Thank thank you very much So, uh, we're gonna start our new year with one of your favorite stocks. That is a new skin Trade now right now at 53 78. How can I best help you? Okay, great. And well, I just Want to run through it quick if you can uh, because I know you want to get to boston dan and he always says some Oh, that's okay. That's okay. That's okay Um, so what I was looking at what we talked before we talked about the idea that about this point um We're gonna meet a major resistance and we I've been moving most of my, um, uh march, um Out to like the next one june As far as giving me some more room is they don't get caught and you know the downturn if it turns back again But I think it's headed up. But you tell me you're the man Well, so what gary what gary mentioned is that uh, he's up at resistance level So let's let's establish those again by taking look at the uh charts and on the daily time frame chart On the left hand side folks, you'll see some green horizontal lines one was at 51 32 the next one is at 53 87 Those represent where price breaks down So typically if you're going to find a place where price is going to turn around It's going to turn around at a prior breakdown level Well went through the first one to go through the first one 51 32 you typically into the next one 53 87 well turns out that at 53 87 What new skin did on a daily basis was generated a td9 count top It confirmed that pattern right at that resistance level and it did it on friday now What price has been unable to do And this is very important. This is very cool. So the signal right now gary is neutral It's not bearish even though we've got a confirmed td9 count top and the reason why it's neutral Is because price is pulled back and only tested and rejected so far that green oscillator and change line Remember I developed that tool to help me understand when a retracement was just a retracement Versus something else and right now it's just a retracement back to support So this could and if it does take out the high from a couple days ago that high by the way is 54 67 This pattern will be negated and then it would signal a move up to the next level and the next level would be 62 70 But before we move on to the weekly chart now want everybody understand Uh, he's still there's still a significant resistance here But what we now know is that after that td9 count top what price has also done Is only been able to get back to that green oscillator and change line Which means that we have a rising price oscillator above zero and that is a bullish indication So any questions gear about the daily time frame chart and in its meaning right now People I and I I'm on a phone so I can't see at the same time. Where is that uh, the oscillator and change line at Uh, it is printing right now at 53 49 53 49. Okay. Got it. Yeah, okay So I think you can go back and you can take you can take a look at this Now look if if price were to close below that level Then you would anticipate to move back to 52 19 At 52 19 is the bottom of its new daily profile and if price closed below that Then you'd be looking at 4902, but that is not the message at 145 in the afternoon. Just so you know Okay, the weekly time frame folks. So here's the second level resistance 53 83 Is its td9 breakdown resistance for its weekly time frame? It also has a td9 count top So the daily and the weekly have the same td9 count tops And that means that if price does close above 54 67 on a weekly basis Then you'll have both of those patterns negated and that suggests that you move back to its highs out there And I would say those would be the highs up in the 63 85 ish area But because price is up at that resistance level as gary said, hey This is uh, we're up at the key resistance now when I move over to the monthly time frame chart out here We'll also see that it's trading up into the resistance of the top of its profile That's at 56 dollars and the monthly time frame also has a td9 count top So the ultimate level that gary needs to see new skin close above to say it's ready to get up to 82 85 Is going to be 63 dollars and six and 85 cents That's your real nut that you need to see this thing get above to then say you're off to the races to the upside and I um So this will be reposted probably in about an hour or so So you should be able to go back and take a look at these charts and just go into about the one minute one hour the about the 45 Minute mark of the recording out there and you should get get you to to where we're at Okay, I can't a lot most of you recording. So I got I'll be back at it. Thanks so much, Steve You you are the man. So I appreciate everything. Be well. You you bet. Thanks much for calling. That was gary a new buffalo michigan So we did have a couple requests out here one was for the ticker symbol lg lgvn And uh, let's go see what this is lgvn is uh long Long long everon ink. Okay. Well, long everon ink. Wow. Take a look. Uh, well, so this thing I don't know what this was I don't know if that's a reverse merger or what what have you but uh, where this thing really took off was on the trade day of November 18 So it's really kind of the data that we have now that was wide ranging Bar moves that we saw here on a daily basis with some volume and prices pulling back into that area So I'm really more curious that profile wise because prices below the bottom of the daily So dan From a profile standpoint. Now, this is before I know whether there's a bottoming signal or not This would be suggesting that price could pull back to 706 out there. So just be aware of that That's the only profile level that we would be concerned with but let's look at the daily weekly Not really the monthly chart out there just not enough data But if we take a look at the daily time frame charts, let's see we're looking for signals of a bottom And uh, what we we do have that and that was on the trading day of january 6 I would be watching this low like a hawk that low is $9 and 31 cents And as long as price does not close below that it can Tinker with it which it has done for the past couple of days where prices continue to close above that level You have a TD nine count bottom Now because you have a valid bottom on the daily time frame and Because the oscillator and change line change colors about four bars ago That's where price is targeting. It's targeting the oscillator and change line It's currently in about the 12 33 mark out there. Yes, also wave number seven letter g That will be confirmed today Assuming there's not a lower low from yesterday So you do have that bottoming signal as well And this tells us that price should go target that oscillator and change line now It could be price moving sideways the line moving down the price moving up But what I don't know what the mixture is. I just know that what price will do or should do is go test that level Now the bearish Signal would be a test and rejection because the oscillator change line is red And then that would suggest, you know, maybe testing another area of support Maybe getting back to these lows But closing above it would then say, okay, you're on your way to 1515 and likely 1640 So that's a daily message out here You do have the valid bottom on a weekly time frame. We don't Don't necessarily have to have that And as we pointed out, if price is going to continue to pull back here 706 Would be the number and then you would see that would be with the close below yesterday's low At least at this stage of the game. So on a daily basis, absolutely It's got the bottom price to get up to that 12 33 ish type area and above that 1515 and then 1640 so I see what you see And and I like the action and best of luck to you there I don't have an interday time period on that set of charts out there to take a look at that But I don't think that you need that you know what's going on The next question that came in was to take a look at Barrick gold g old is a ticker symbol. Let's just do this here Let me just pull over my white background charts. We're about to go to a breakout here Let's see if we can get this in and as we take a look at that bear gold She's headed back towards its bearish engulfing candle from about four days ago that high out here Try to get it for you That high is about 19 dollars and 10 cents But during this breakout here, I'm going to go look at the charts for bear gold See if there's anything else that I need to report back to you and if so, I will as soon as we're 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 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 a.m. To 4 p.m. 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 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? 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The tiger first mortgage program may be just a program for you The tiger first mortgage program pays 7 per year paid monthly for more information You can call 877-518-9190. That's 877-518-9190 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. Uh, we're looking at uh, ran. I'm sorry, uh, barric gold for harman killabrew Inside our uh, tiger's den that takes us back a ways, doesn't it? Uh, brew happens to be part of the uh Of the uh handle and so but let's get to it. So with regard to uh, barric gold You like this week's performance out here So barric gold on a weekly base has a td9 count bottom that formed on october 1st The very next week that confirmed a roge meant to indicator bottom price uh went ahead and made his way up into the $21 level out there pulled back Testing the bottom of its weekly profile to it looks like this week forming a second A second a roge meant to indicator signal a td9 count is still in effect out here So your real level of resistance to watch is 1904 If price can close with 1904 You probably get back to at least the 21 ish type area And if price can clear that then the next resistance area would be 2230. That's coming from the weekly chart The daily time frame chart, um, just as uh, you've got resistance up at this next, uh Bearish engulfing candle from back on january 5th and that high out there is 1894 So everything looks pretty good out here with regard to barric gold. I hope that helps you out um And uh, thanks for having fun with uh, harman Kill we had a couple of nicknames out there, didn't he I don't remember Well, I think one was the hammer or something like that or the killer or something along those lines We do have another request out here. This one is take a look at ticker symbol vtrs And as we take a look at it, uh, we're in bar number seven of a td9 count It is taking out td9 count breakdown resistance at 1506. This looks pretty good You could see a short term top form between so today tuesday is seven Between wednesday and friday, you might see a short term top and then price could pull all the way back To its oscillator and change line. That's what the daily time frame shows the weekly time frame says I don't know what you guys are looking at. I want to keep moving higher and higher here would be 1592 To 1680. So I know this was a stock that you inherited I'd stay with it at this stage of the game. Everything looks pretty good I expect a potential short term top again between wednesday and friday Folks, thanks so much for joining me here on terrific tuesday. Stay tuned. We've got two more great hours Your favorite polar bear david white. He's up next after that. Tell him, will brian He'll take us on home and I'll be back with you on wonderful wednesday. Have a terrific tuesday folks