 Educating investors. 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 July 25th. The magical, magnificent Monday edition of today's Trader's Edge show. I'm your host, Steve. Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. Yeah, let's make sure we have an extraordinary one. The easiest way to do that, well, it's to always remember that life is happening for us, not to us. That's right. We knew I make that one little two-by-four ship. Well, 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 one o'clock in the afternoon. I do want you to know I'm absolutely grateful for your presence here, but more important than that. And that's this. During this next 53 minutes, I'm here to serve you. So feel free to pick up that phone. You can dial in at 877-927-6640. If you can't dial in, we've got you covered there too. You can always let those fingers do the walking. That means go ahead, send me an email. Now send it to Steve at tfn.com and inside the subject heading, if you'd be kind enough to put radio show question. Of course, there are tigers down by any and every ping will do. So let's go ahead and get this show started on magical Monday. Of course, this is tiger financial news network. I'm Steve Rhodes. Welcome to the show right now. You got a mixed bag out here. Dows up about 95 points, 3-10 percent. Espeys up 8 points, 2-10. Nasdaq 100 off 4-10 or 44 points. Russell's up 6-10. That's 11 points the upside. Semis are up 22. Trainings are up 73. So we've got a real mixed bag out there. It's not mixed in the metal section. You've got the gold off 11 bucks. Silver's down 28 cents. Lights recruit on the other hand is up about 43. Natural gas up 32 and the 30 Treasury back 21 ticks. She's trading out a 141.13. Lead the charge. Dollar wise, the upside. You've got SVB financial up 29 bucks or 8 percent. Elevants health is up 11 bucks or 2.5 percent. Pioneer natural resource up 11 bucks, 5 percent. Booking holdings 11 bucks, 6 percent. To the downside at Chipotle, off 18 bucks a little over 1 percent. Idex lavatories down 17 or 4 percent. AMTD digital off 16 or 24 percent. That's a stinger. You got Domino's pizzas in the red. Off 11 bucks and change us nearly 3 percent to the downside. So where do we want to begin? Let's go begin by taking a look what's going on these markets. Let's do it this way. Sounds like a good way. So here's our four equity future contracts. Each showing the September contracts out here. And what you should see out here is you'll see the A to B equals CD patterns. There's only two that have completed. And when I say complete, what I mean is there's only two that have attained at least the one to one level and have generated a bearish reversal candle. And that's what took place inside the NQ on Friday. That's what took place inside the Russell 2000 on Friday as well. We do not have that same pattern for the ESMini and for the Dow. What we do have is we've got a new profile that is attempting to form for the NQ. The top of that profile that's your resistance levels at 12, 5, 79. It's a bearish structured profile. And that suggests that if we were to see a close below the center line, that center line is at 12. Let me get this down here. That center line is down at the 12, 342 areas. So that's the area to be watching, not an intraday move, but on a closing basis. If price did close below that level, that increases the odds of a price move back to the bottom of its profile. That's a 12, 104. Now, from a profile standpoint, there are three that are attempting to form. Actually, ESMini is trying to form its profile as well. It's just not showing up at the moment, at least on this chart. Let's go take a look at the other two. The other two being the Dow Equity Future Contracts. So the Dow's profile, you've got resistance at 32, 193, support at 31, 359, and the center is at the 31, 776 level. So a two has a bearish structured profile. And if price, whether it's a top or not, in other words, we don't have a confirmed sell the D point. But if we didn't get a close below the center of that profile, 31, 776, again, odds increase, that sellers will be able to push price back to support 31, 359. The Russell 2000 has a bullish structured profile. But price fell right into resistance, the top of that profile at the 1845, 16 level. And so here it's wide open for price to make its move to 1731 or 1698. Now, how are we going to know if that's going to happen out there? Well, what we'd really look at, and I can show you my other charts out there, would really be taking a look at the red oscillator and change lines, really for each of the contracts out there. But for the Russell specifically, it's at 1764. That'll change as price goes up or down. But 1764, what it should be, or could be a support level on a further move lower. We don't really have that signal just yet. Yes, we've got the top. We have price sitting at the area, the center of its profile, where both buyers and sellers believe there's fair value with inside that entire range out there. Now to the ES mini, the ES mini's profile that's attempting to form, we won't really know until tonight at about 6.01. That profile has resistance at 40.16 and a quarter and supported 38.99. Now, each of these profiles have formed. Well, let me go back to this here to make sure. Yeah, so each of the profiles that are forming right now or are attempting to form are new profiles above the prior profiles. From a trend standpoint, that is a bullish signal. So just kind of put that feather in your cap. What happens if price goes below the bottom of those profiles? Well, then it starts to get a little bit suspect. But what we don't have right now, 1.12 in the afternoon, is suspect patterns out there. So you've got four new profiles attempting to form, each forming above the prior profiles. That is a bullish message. That means that the buy the dip point would be the bottom or could be the bottom of those profile levels. So for the NQ, you're looking at 12.104, for the Russell, it's really in that 17.64 to 17.31 level. And in the case of the Adawakuni Future Contract, it's 31.359. In the case of the ESMini, is at the 38.99 level. Now, the only thing with those numbers that I gave you is we need to confirm those come tonight or really tomorrow morning or tomorrow afternoon when we're back together out there. But in essence, that's what's going on with those indices out there. Equity Future Contracts. Let's go take, look, since the NQ is the one that is in essence, it's really the NQ and the Russell 2000, but it's the NQ I think that we should focus in on. So let's do that here momentarily. We'll change screens. Right now I've got silver up on the screen. That's what will come forward. But in a moment, we'll get the NQ charts fired up here. And we've got this September Contract. So let's get this fired out here and just see what it tells us. And we're really looking for those intraday time periods out here. So it should be up on our screens now. So it just hasn't fully populated. It's in the process of doing that as we speak. So on a daily basis, as I mentioned, you've got the sell the D point pattern, the currently sell pattern with regard to its asset and change line 12.054. This does not show the new profile that's attempting to form. I'm using Stevie's advanced Doppler tool for that. You got the five hour timeframe chart, confirmed erosement to indicator top and price is just simply consolidating with inside its profile. 12337 is the number to watch to the downside. 240p chart, really the same thing. Price never made it back to its breakout level. 120 minute chart, price is all 1237350. It's breakout area there. 60 minute about the same thing. So we're not getting a ton of signals. Other than that, say that so far right now, supported sell very nicely inside the NQ. Steve Rhodes with TFN, we'll be right back. Inflation, we are purchasing powers eroded. There's no better place to protect your harder and money than in gold. 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Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing it 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. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open. To give you the competitive informational edge, you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights today and try all of our products and newsletters 30 days risk-free with our money back guarantee at TFNN.com. TFNN Educating Investors. At 1-877-927-6648. Internationally at 727-873-7618. Welcome back. Folks, let's go to our first and only question that we have at the moment here, this one coming in from Pat S. Pat writes in, he says, is there a message if the VIX and S&P both trade down like they did on Friday? So let's just open up that set of charts out here and we'll do what we can to answer your question. So this is a chart here. I believe that in essence Pat is asking about. And so on Friday, you did have the spot ball to the smooth lower and you had the S&P move really slightly lower as well, no bearish reversal candle. And the answer to that question, Pat, is not that I know of. I mean, there's no, for me and the work that I do and the way that I use these tools, there was no significant relevance to that out there. Really the most important thing here or more important things are, where is the spot ball of tennis trading in relationship to its 50 day expansion move average? Now, if you get a clear top in the S&P 500, then that would signal that you are likely to find some type of bottom inside the spot ball utility index while the S&P moves lower. We did not get that bottom signal for the S&P 500 or for the ES mini on Friday. Whereas we did get that for the NDX 100. We did get that for the Russell 2000. We also got that for the semiconductor index. So we've really got some markets here where we don't have a whole lot of synergy. But the cool thing is, I think it's cool at least, is that even if price does move lower, and I would say the spot ball of tennis is more likely to move higher, the level to be watching out there would be 26.66. So the ideal trade would be the spot ball of tennis making its way to 26.66 or the 50 day, whatever it might be at that moment in time, test reject that level while you have the ES mini pulling back into that bullish structured support level. And that bullish structured support level, that's interesting. I think the profile here, see, I thought the, yeah, so the profiles are changing. But right now, let's go with what we have on our screen out here. And that would be with price pulling back into the 38.99 to 39.28 area out there. Now, what you'd also like to see at that same moment in time, Pat would be some type of short-term bottom signal. Maybe it's coming from a 10 minute, a 50 minute, a 30 minute, a 60 minute, something along those lines. But that's how you would really put it all together. But to answer your question specifically, is there any relevance to the fact that some type of meaning that the spot ball of tennis was moving lower and the ES mini or the S&P 500 did as well? Only if it was, there's nothing pattern-wise that I have for that. So I don't know if that answers the question. I'm answering the question the best way that I can. So I hope that that does help you out. And thanks so much for taking the time to write in. Inside the Tigers Den, Johnny D would like to take a look at wheat, W-E-A-T. So let's do this here. Let's, now he's referring to the ETF. And of course, as you know, what we need to do is understand, well, what is inside of wheat? Which futures contracts? It's usually three different futures contracts out there for it. I'm gonna try to locate it right now. Oh, I didn't want, I put in wheat in the system types in weather. That's not what I asked for. I asked for wheat, the tech green wheat ETF. Okay, so I got this up on my screen. I might as well put this over here. We might as well do this at the same time. I'm not even on the same page out here. Give me a moment to change screens for you. So that way, we're at least looking at the same thing. So now we've got that. So the question is on wheat, what are the holdings out here? So where do I find that? I think if I go down, here we go. View wheat holdings, right there. Could you hit me upside? They had any further. So with regard to WEAT, Johnny, you must. I know you know this, but I'm just for everybody else that's listening out there. You've got the March 2023 future contract makes up 30%. You've got the December 2022 contract makes up 35%. And you've got the December 2023 contract makes up 35% as well. So most people wouldn't think that. And you've really got to take a look at what's going on there. If we just take a look at wheat itself, wheat itself, the ETF, shows that price is moving lower, doing less relative energy out there. If we take a look at wheat on a weekly basis, you've got a TD9 count potential for TD9 count, but that's going to require that price this week for WEAT closes below 863. And if we take a look at the monthly timeframe out there, price is below the bottom of its monthly profile, and I said our change line, this suggests that we could be targeting the WEAT ETF, could be targeting 664. But really that's just, so that's your wheat. But I would be disingenuous if we didn't go take a look at some of these other contract soldiers. So you got no position in wheat, so that's good. So the very first thing you want to do before you take a position in that, Johnny, first go back, update yourself with regard to what the holdings are, and then go take a look at those holdings. So the highest level holding, percentage-wise, is actually the December 2023 contract out there. So I don't know how much information we're going to get, but we're going to go ahead and try to put this up on the screen. Now we're not going to have anything really much for the weekly and the monthly timeframe out there. But here's we take a look at the daily timeframe. We've got a little bit for the longer term. But you see that same roads meant to indicator signal. You really want to see some type of bullish reversal candle at least to confirm that pattern out there, to confirm that bottom pattern. Let's go take a look at wheat for December of 2022. And then the third one would have been that March. So December 2022 out there is about 35% as well, 35.29 for the 2023 contract, 34.8. Same real patterns out here for December 23. It's waiting for a bullish reversal candle. And just real quickly, let's go take a look at the March of 2023 contract here for wheat. See what it is showing likely the same. But what I would do is I'd really come back to those contracts out there. Yeah, they almost look almost exactly the same out here. I'd wait for the bullish reversal candle there and try to understand where the profile levels are at as well, Johnny. That should help you out. So thank for taking the time to write in. Much appreciated and have a terrific, a magnificent Monday. Vic writes in or Vicky writes in and says, I've got NVIDIA and the SOXL. So let's go take a look at NVIDIA, see what it is doing. NVIDIA is a ticker symbol. We'll stay on these screens here. We will get the daily, weekly, and the monthly time frames. And they'll let us know what's going on for each. So in the case of NVIDIA, Friday was a confirmed Gertley's cell pattern. Let's just expand this out just a tad. So you can see the A to B, C to D pattern. That C to D pattern didn't complete until you got that three river evening star pattern on Friday. Now what you have out here for NVIDIA is a new profile. And it looks like it is slightly bearish in structure. The top is 181.44. The bottom is down at 148.33. And the center's up at the 166.72. So far on the pullback out here today. So you got that confirmed top. Price is pulled back and tested an area of support, an area of support where you have both buyers and sellers. That's at the 166.72 level. Vic, if price closed below 166.72, you're looking to run to the 160.92 area. That is its red oscillator and change line. If price closed below that inside of NVIDIA, then you're looking to run back to 148.33. As we take a look at the weekly timeframe chart here for NVIDIA, let's simply expand this out just a tad. You've got week number one, in essence above its oscillator and change line, but price right now is pulled back and is testing that level. A second consecutive close above the oscillator and change line, which right now today is measuring out at the 168.87 level. 168.87, if price closed above 168.87, that's going to suggest that you should or could see around to 191.64. Don't think there's much else out here with regard to NVIDIA, but it should go target that 191.64 area. That's the weekly center of its bearish structured profile. Zeroed to a TFNM. We'll be right back. If you want to take advantage of this sector, now is the time to subscribe to my Gold Report. The Gold Report is a comprehensive look at the metals sector, as well as the markets that move gold, which is the currency and bond markets. New subscribers get a 30-day money back guarantee, so you have nothing to lose. 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Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be. TFNN Educating Investors This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Welcome back, folks. Right now we've got the Dow. She's trading out at the 3197 level. It's up about 78.7 p.s. of four. At 39.65, the Nasdaq off 62.12. 334 is the print. We're taking a look at the SMHs right now. In essence, that's what BIC was also asking about. Mention SOXL, but we're going to take all of our information off of the SMHs, which on Friday we got two different messages out there. And we got two different messages inside the Dow as well. So for example, if you take a look at the daily timeframe out here, you'll clearly see the A to B equals CD pattern. Looks like about a 1 to 1.618 A to B equals CD. Remember, you never, well, you do whatever you want, but in the A to B equals CD pattern, about 60% of the time, you'll get through the 1 to 1 area, and that is where price will turn down. And it's almost like a flip of a coin, because the other 40% of the time, price is going to do something more than that, extend, expand out there. So how do we know which is which? It's really simple. You look for those bearish reversal candles at the completion of a pattern, which may be the 1 to 1 area. It might be the 1 to 1.272. It could be the 1 to 1.618 out there, but that's what you'd be looking at. So you've got about a 1 to 1.618 A to B equals CD on a daily timeframe for the SMHs. You generate a bearish reversal candle on Friday. You now have a new profile. Price is trading just below the center of that profile, which is at 225.59. The top is at 232.14, and the bottom is at 205.94. Now, what price should do, that's dependent upon whether it closes below 225.59 today, but if it does, and closes where it's at about right now, it's signaling to you and I that price should pull back to its ossiter and change line. The buy the dip point on these SMHs right now would be in the 214.70. The areas I'd be looking at are about 214.76 for the SMHs and 205.94. That's the bottom of that new daily profile. The SMH is also forming a new profile above the prior profile. Again, another subtle but important bullish signal. If you look at the weekly timeframe chart, you have a confirmed buy the dip point, and that happened three weeks ago when it generated a bullish piercing candle. What it did on Friday, so you got the bearish on this daily timeframe for the SMHs on Friday, and at the same time, you got the bullish signal from the intermediate term timeframe, which is a close above its red ossiter and change line. What I can share with you is that price has not been above a weekly ossiter and change line in all of 2022, and you can see the couple of times that price did try to rally and get up to that level. I'm not looking about the intraday bars. I'm looking at the closing price out there. Price was unable to close above that line. Folks, last week in the SMHs is a change in trend signal, no matter how you cut it. Granted, price did close above the top of its weekly profile, and right now it's struggling with that area, and a dip back to the 214 to the 205 level would get it down below. That could be suggesting that last week's message was a false breakout message, and that still is a possibility out there, but I don't really think so. I think what we're looking at here is a further rally, and in the case of the SMHs, that further rally likely would take price in the 246-42 level. Now, those of you looking at the charts know where I pulled that number from, and that was from the monthly center of its bullish-structured monthly profile. We are now below that level what looks like for two consecutive months. Granted, it's only the 25th, but in as long as price closed below 234-31, we'll have those two consecutive months below a bullish-structured profile, and if it's only a counter-trend move where price would find resistance, or typically find resistance, is at the center, and the center of that level is at 246-42. So that's what I'd be looking at if price closed above 246-42. We've got something else going on inside of the SMHs out there. So, Mike, I hope that helps you out with regard to both NVIDIA and the SMHs. Thanks for taking the time to write in. Looks like we've got another question. That's perfect. Thanks, folks. David H. in Tombal, Texas says, please take a look at Sandridge Energy. SD is the ticker symbol, so let's get that fired up here. Let's Stevie take a swig and read the question. Please take a look at charts for Sandridge Energy and the natural gas contract, trading ranges, TD9 counts, and also their change line. So we take a look at Sandridge on a daily timeframe. We've got a nice TD9 count bottom. Looks like you've got a A to B equal CD pattern. Do that completely. Let's draw on the A to B line out here. A to B. We're just going to move that over to the C point out there. There's the C point. And yes, you most certainly did. On Friday, what formed, was a sell the D point pattern. And that sell the D point pattern will be negated today if Sandridge Energy closes above 1790 and priced at 1783. You did see an early morning rally, and that took price David up to its TD9 count breakdown level of 1838 coming from the daily timeframe. So price above the top of the profile, it's above its oscillator and change on which is red. You've got to confirm sell the D point pattern. Oh, I take it back. I was getting a, looks like you're already trading above that level. I had a slight delay there on Sandridge Energy SD. Now it is all the way above that. It is negating that pattern. So what does that mean, Stevie? What that means is just simply that that sell the D point pattern, which never closed below any level of support, has failed. And I expect that the NQ, the SMH will do the same. I'm not saying it does it today or tomorrow and so, but I suspect that it's going to change as well. Now what we have out here is a brand new weekly profile. And that weekly profile, David, the top of which is at the 2008-ish area, that is very likely where price is headed to. Now on a weekly timeframe, I don't have any kind of a bottoming signal. We just have that profile to take a look at. But when you close above the top of a daily profile, which by the way, Sandridge Energy has been above it for four or five trading sessions now, what you then look to, or what I then look to is the next resistance area that easily is identifiable. And that is coming from that weekly TAS market profile. On a monthly basis, price pulled back. It looks like they sell the deep point, but price pulled back. Tested support, the reenactment and change line. So those conditions on a monthly basis are neutral. On a weekly timeframe without a top, other than price pulling back, they're consolidating with inside this profile. And the daily is saying, you know, I know I gave you a message on Friday. That was a stinky message because that message is no longer in place. So Sandridge Energy is headed to the upside out there. At least that's the way that it looks right now. No TD-9 counts to worry about your bar number six on the daily timeframe. You also wanted to take a look at natural gas out here. So let's put up the September contract. Here for natural gas. Give me a second. Oh, I put up the NQ. Sorry about that. Sometimes I mean to type in NG and I just simply type in NQ. Oh well. Well, man, sorry about that folks. Just to have a little bit of a natural gas. Oh my gosh, 22. I guess in the meantime, everybody have a nice weekend? I had a great weekend. Went and saw Larry Carlton. You guys know, guys gals, you know who Larry Carlton is? For those of you that say no, the answer to that question is probably yes. You may not know him by name. You may not know him as a great guitarist. He's one of the great guitarists around, period. And but you know, you know who Larry, perfect. Larry Carlton has played on, you know, so it's probably most famous. His biggest break came when he was a studio musician for the longest time. And he still does a lot of that studio work. But it's probably his biggest break. Hard to say, you know, his biggest break might have come from playing with the Crusaders. So those of you that like Crusaders music in the 70s, maybe like 69 or 70 to 76, 77. That time period, he was with them. That's when they made some amazing albums out there. And his next break really came with, and he's played with countless, countless artists out there, all of the folks that you know. But one of his bigger breaks where I know that you would know his songs was he played with Steely Dan. And most, not every great hit that they have, but 30, 40, 50% of them are tunes that he really, that he really made just simply extraordinary. Anyways, puts on a great show. If he's ever in your area, you got to go see him. He's got all kinds of music in the play. See bro, it's with TFNN. We'll be right back. We'll look at the natural gas contract just a few. This stat has 30 plus years of experience in Forex trading, commodity risk management, Forex hedging, volatility, and so much more. 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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 $37.50. Sign up for Dave'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 S&P Biotech three times bull and bear ETFs. Visit DirectionInvestments.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 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, Foresight Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Folks, so we're taking a look at the natural gas contract. We finally got that up here. You can see that this formed a nice TD9 count top and did it on July 20th. The very next session was just a little sideways move, a little bit of a hiccup, and then on Friday, price took out that level. That suggests that price is gonna go make and run for its TD9 count breakdown level. That's at $9.13. You were asking about the oscillator and change line, David. For the daily type frame for natural gas for the September contract, that's currently printed at 719. We can see that price is above the top of its weekly profile out here. That suggests that price is gonna go back towards its highs. Price, I don't see anything negative on the monthly timeframe as well. Natural gas is headed up to the $9.13 area. I'm not saying that that's gonna stop right there, but that is where price is very likely headed to based upon negating that TD9 count top on Friday. So David, thanks so much for taking the time to write in. I hope that helps you out and have a great day in Tomball, Texas. Our next question comes in from HD. HD wants to take a look at ticker symbol UEC. So let's get UEC fired up here. UEC, see what that actually is. And we'll provide you, it just says, please take a look at it. So we're gonna take a look at it and we'll give you an analysis. And you've got UEC right now trading out to $3.53. So when I take a look at the daily timeframe turd out here, is there anything that sticks out for a bottom of sorts? So only thing that stands out is price did. We can see that it formed some type of bottom back here on May the 12th. And that swing point, that was a nice three river morning star pattern. That swing point, by the way, did volume of about, not even about, it did volume of 20.6 million shares. And that level was tested way back on July 6th with nine million shares. So you had that test of rejection of a prior swing point on later volume. If you can't bust them down, price will try to bust them to the upside. In essence, that's what it's doing right now. It did form a new daily profile that looks like on Thursday or Friday of last week. Looks like Thursday. And that profile did form above price, above the prior profile, sort of really what I meant to say. And therefore that gives you from a trend standpoint, a bullish signal from a trending with resistance right now, HD at the $3.64 mark. That's the top of that daily profile. If price is able to close above that, then you should see a continued move higher. Now that continued move higher might run out of steam as it gets just a few pennies higher up into the 379 area. 379 happens to be the bottom of its weekly profile as well as its weekly green oscillator and change line. That would be a level if you're longing this instrument that you would like to see price close above. If you get that, then you're looking at move to 459. You've got a nice roadspin deminicator top on the monthly timeframe for UEC, but where price is found support is the center area of its bullish structured monthly profile. And that's at the 306 level. What it really needs to do though, to kind of give you the longer term push is close above its oscillator and change line. And that's at 372, you're trading at 354 right now. So from a daily standpoint, I don't really see an A to B equal CD pattern out there. I do see a test of a prior swing point on the daily timeframe. Again, that was a swing point from way back here, way back here, maybe at 12. Couldn't bust into the downside, so price is gonna make an attempt to bust it to the upside. So hope that helps you out HD. Thanks much for writing in and have a magical Monday. No other requests that I see right now. It doesn't look like there's anything inside the Tiger's Den. Steve Sonow, please, I take that back. That's from Dan. So S-O-N-O is the ticker symbol. And S-O-N-O, I'm not familiar with that. Is that Sonos? No, yeah, it is Sonos. That's the speaker company out there. Speaking of speakers, Steely Dan. You know, they were the guys, that was the band really, that I've always been an audiophile when I say always. I mean, really since a young kid. So I've got, I still have a ton of albums. I've got cassette players, cassette tapes. I've got the eight track tapes. I've got the CDs. And when I say CDs, we're talking hundreds. Malt, I mean hundreds and hundreds and hundreds. My playlist, which is whittled down to just having the best, what I consider the best of the best of my music is like 2,500 songs. And it's a great playlist. If I put it on, people are like, well, what Spotify or what, I don't use those other services. But Boss Gags, back in the 70s, was that music was so good, being an audiophile. I went out, I always had my heart set on those Bose 901 speakers. You might know those things. Back then they were pretty expensive for a kid. And our teenager, young adult out there. But it's such an amazing sound that they produced out there. And Larry was one of the guys that was kind of responsible because he's, people are just simply amazing licks out there. But anyways, back to Sonos out here. So if you take a look at Sonos, you've got a confirmed A to B equal CD to the upside. No bearish reversal candle. So that still wants to continue to add higher. The likely price target for it, as we can see, is at 2258. This is looking at the daily timeframe chart. At 2258 is the TD9 count breakdown area. If we look at the weekly timeframe chart, this confirmed a rogement and indicator bottom pattern. It did it four weeks ago when it formed that bullish piercing candle. And right now what Price is trying to do is take out the top of it. So it's right at resistance. Resistance is the top of its weekly profile. It's really trading just slightly above. The top is at 2138, you're at 2151 right now. It's really gonna be about the weekly close out there, Dan. If Price is able to close above that, you'll be above profiles on the daily be above. But actually there's new profile that's attempting to form on the daily Dan. It's below price. Doesn't show up on this screen here. I guess I'm using my advanced Doppler tool on that one. But it is showing up below price. And that's a bullish message. Now the top of that profile is at 2024 in case Price did pull back out there. But that's what's going on with regard to profiles. On a monthly timeframe, don't have much here other than Price pulling back to a area of support. And that's in that 1685 level. That's the bottom of its monthly profile. So it does look like Sonos wants to continue to move higher. 2258 is likely to be its next target out there. Boy, Price can take that level out. Then you've got quite a move. That quite a move might be signaling in the 3031-ish type area out there. So hope that helps you out. We've got a request out here from GT, a GTO. And that is to take a look at DbD. That's a stumper for me. DbD doesn't ring a bell, but Daibold Nixdorf incorporated it out there. And that's trading out at $3.28 or so. I guess $3.22 on this white background screen. But it's really $3.28. This will maybe take a few minutes to get caught up. It doesn't really need to get caught up. What you do see here is a new profile form below price. That's a bullish message out here. Now, I'll switch over to my other charts. On the weekly basis, very similar. Weekly basis, Price formed a TD9 count and a Rogement Dementicator bottom. Price within side to bullish structured profile. Looks like over time where DbD is headed to is the 433 to 450 level. It's coming from the weekly chart. That's its TD9 count. Breakdown area, that's the top of its weekly profile. Is there anything else out here? No, well, there is not on this set of charts, but let me go switch to the black background charts. And what you'll see out here, Dan, is that price running into a descending trend line. So that's the resistance level out here. Let me just expand out the chart. You'll be able to see the different swing points that my system is using for those trend lines out there. So that's really your level resistance. This also shows you the new profile that formed below price. Not that price can't pull back to that area, which would be about the 293 to 83 level. That's actually a bullish message. The question is, is there enough strength to take out that trend line? Steve Rhodes with TFN and we'll be back in just a few to close out the show. Vista Gold owns and operates the largest undeveloped gold project in Australia, the Mount Todd Gold Project. Vista Gold just completed their feasibility study, resulting in a 7 million ounce gold reserve. Vista Gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing an accreted transaction. Vista Gold trades on the NYSE American and TSX under the ticker symbol VGZ. Vista Gold executing a strategy to create shareholder value. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. 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TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours, the Tiger's Den, available to all tigers and tigers for just $1 for the year. There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of tfnn.com. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to tfnn.com, then hit Watch Tiger TV. That's tfnn.com, then hit Watch Tiger TV. Folks, so let's kind of summarize what we took a look at just for the general markets out here. And thanks for all the requests out there. Actually, the requests have taken a look at all those weekly Rosamund Dominicator bottoms out there, price trading above daily and weekly profiles that really make sense out here. Now, where we're at, Friday, we had both a bullish and a bearish signal. The bullish signal came from the larger timeframe. That's the weekly timeframe. The daily timeframe, the smaller, the shorter-term timeframe generated the bearish message. When we, on the NQ or the Nasdaq 100 out here, generated that to sell the d-point pattern with that bearish-ash candle. If we take a look at the TAS market profile, the market breadth out here, you can see we've changed it. Let me just, we've changed it slightly bearish on a 60-minute timeframe. What I mean by that is you now have 24 instruments trading above the top and 38 below the bottom. So you got a bearish crossover out there. If you take a look at the four-hour timeframe charge, you're 27 above, 31 below, that's kind of almost like kissing cousins out there. But it's the daily now and the weekly, that are the problem for the bearish. The daily has 32 instruments above the top, only four below the bottom. And on a weekly timeframe out here, you've got 25 above the top and 14 above the bottom. What that tells me, at least with regard to the Nasdaq 100 or the NQ, is to expect and anticipate the price will go ahead and pull back and make that move to the bottom of that new profile that is forming out there. The bottom of that profile is at 12104. And we get an increased message that is likely to happen if there's a close below 12342 out there. And then what we would do is we would come back to these white background charts. And these white background charts we'll be looking at, should price get down to that 12104 level, we'd be looking for some kind of bottom signals on these intraday charts, 1015, 30, 60, and so forth. We don't have that as we speak right now. And so that's how I would take a look at this market. I believe that this market is setting up the next buying opportunity. Folks, stay tuned to your favorite polar bear, David Weitz up next after that, Tom O'Brien. He'll take us on home. I'll be back with you on terrific Tuesday. You have a magical and marvelous Monday. Take care folks.