Yeah, well, I'm Desk of Lady Aida. Hey, everybody, and welcome to another Desk of Lady Aida at Sunday night here at Lady Aida o'clock. And it's me, Lady Aida, with me, Mr. Lady Aida on camera control. He's the voice of reason you hear in the background. And I was just checking in. What have I been up to this fine week doing engineering and a lot of purchasing, actually? That's right. So I don't know, do you want to have any news or updates or should we just kick it right into? Let's just jump right in. It was Arduino Day on Saturday. A few things to talk and show about that. Oh, yeah, let's show off the Arduino stuff first. And just a heads up, if you are someone who's in electronics, it's all about how to find things online soon because there's a global part shortage. So the great search is gonna be something really special to look at every single week. So we're gonna be talking about that more. So let's jump right to the overhead. Here's my overhead. Let's look at some of the Arduino stuff. So like I mentioned, it's Arduino Day. Check out the Arduino YouTube channel to see some of the videos that they, obviously it's always been remote. They've always done videos and then people have local events, but they've videoed a lot of the presentations. They've talked about like IoT stuff, their learning system, new products and more. So check it out, it's on their stream. We watched a little bit of it. And one of the things that they did talk about is how they're going to be doing a RP2040 board. They have like the Nano IoT 2040 or something. I don't remember the exact name of it. And it's gonna have a RP2040 from Raspberry Pi plus an ESP32 in like their handy little format being compatible with existing boards. And that was kind of cool, but we also saw, I think it was like on Twitter, we saw it on Tom's hardware, that there's also a kind of like a DIY Arduino core for the RP2040. So we want to try that out. So this is our feather, which is the one in the shop, the feather RP2040. And it's plugged into our TFT feathering. It's color, I'm keeping it monochromatic. And I have it plugged into a STEMI QT TMP117, which I can hold in my hand and make the temperature go up. So it's interesting about this is it's an Arduino. This isn't in Circuit Python or Pico SDK. So this is kind of neat. If you want to use our libraries, our code, you know, testing TFTs and sensors is a really good way to kind of make sure that I squared C and SPI are working as expected. It's not a full complete everything, everything implementation of the Arduino core, but it's pretty good as person Earl Phil Howard did an excellent job. We even opened up an issue and it was resolved in a day.  And they're like, oh yeah, okay. And they did it. And then all of our sensors now work because we use zero byte rights to detect when a sensor is plugged in. So this is the feather RP2040.  So it's just showing two OLED, sorry, two I squared C devices. And this is on the RP2040 QT PI, right? So that isn't out yet, but we wanted to just try it out. Only thing you have to watch for is, you know, the board definitions aren't quite set yet. So this thinks it's a Pico. So like, you have to use a GPIO pin numbering not like, you know, the smart pin numbering that we put on our boards to match other feathers. I think this is gonna be a next step. We'll, you know, eventually we'll add, you know, board packages and then part of that will be pin renaming. So, you know, it's, I think we'll still probably end up using the official Arduino RP2040 package, but it's really cool that there's one while we wait. So maybe if you go to my computer real fast, I can show people where to find this. So this fellow and it's under Arduino Pico. So check out, check out this repo here to download. Again, it's early, it's not, this isn't like a good, you know, my very first Pico project never done in my controls before. It's great if you've already done a couple Arduino board support packages and you're kind of like cool with the process and you're cool with debugging and being okay with that in progress board support package. So that was kind of neat, but that was nice. Okay, next up we have been doing more keyboard stuff. So our Neo key breakouts made it into the store. So you want to go back to the overhead and I'll show this. So this is, you know, it's a demo that we had for the product that we put into the shop. So when I press the button it, it reads the button, press and stop sending Neo pixel data to that Neo pixel. The cool thing is, you know, we fixed the reversed, oh my God, that's so great. We fixed the reverse Neo pixel. So now it's glowing up into the keys, which is, you know, the one thing that we didn't have quite right the first time we made these, but yeah, so far so good. We're, you know, we got the socket working pretty well and we're trying out different key caps and stuff. So this is just the simple breakout and then we're also working on that four key, your modular breakout using a seesaw chip that does the I squared C. So this one, you know, it does not have the correct direction Neo pixels, but it does have the switch to, you know, Neo pixel detection. So over I squared C reading the switches and then writing the Neo pixels. So this will be chainable.  I just, I press a lot of keys quickly to make sure that the I squared C isn't hanging or being flaky, but so far so good. I've been using the same D09 for the seesaw. And one of the things I was thinking of is, you know, because of this part shortage, if I can't get this chip, what's an alternative? So I looked at, you know, what is the cheapest microcontrollers on Digikey and it was like the MS 51 series for like basically something that's, you know, about one K of RAM, about 16 K of flash. And the MS 51 from Nuviton, which is also a chip that Pymroni uses for their little I squared C breakouts. And I looked into it and it was interesting. It's like, this is a very, very inexpensive, like a 20 cent microcontroller. Not sure if it's worth it to move from something that's, you know, 50, 60 cents down something that's 20 cents for the complexity that comes with it. I rather like the Samdy series, but I have to be, you know, flexible, willing to move at a moment's notice to a different chip set. So I own a little dev kit for the Nuviton MS 51. I'll try it out.  You have to use SDCC, a different compiler. And so a lot of things that, you know, it's not like you can use your own Arduino on it. You know, all the code has to be written basically from scratch in very low level C. And I don't even know what support really there exists for SDCC, but I don't want to use Keel or Air or IR, whatever it is that's available. I'm gonna try to stick to a free compiler. So maybe in the future, Descobal data, I'll do a blink demo for the MS 51. So that's me starting to think about what chips are available. You know, we just did a bunch of purchasing to get chips that we needed for the next six months because the lead times are starting to become, you know, 50 weeks or so. Speaking of chips, I also got the chips for this Metro, which is slowly but surely coming to life. This has been delayed, but we're actually getting pretty close to launching it. I've designed the tester, but the board itself is pretty much qualified where did it go? And I wrote a demo that, I just wanted to test out Shield compatibility. So I made a little demo that just bounces some DVD logos. So you can see this is running Circuit Python and it just has a little bit of like a graphics demo. I'm trying to test like, it's a 500 megahertz processor. What does that mean? Like you're not gonna get four times faster than the SAM D51 because this has your flash memories off chip. So it's like much slower to get to and they're just, you know, tightly coupled RAM.  So you can do, you know, graphics and IoT stuff with it. So this was just, you know, me just trying out some graphics projects, making sure that Shields work because it's like Shield compatible. I'm not sure our Shields still work. Okay, some questions. What about the, this is on other chips to try. What about the tiny 406 or similar? What do you think about that? You know, nothing is as cheap as Neurotons. Like they're just, they're just half the price for you do need to have a significant amount of RAM and flash to do I've scored C and manage a protocol. You know, I don't want to write an assembler. So I need something that has at least, you know, eight, 16, 32K of flash. And you know, I want to drive Neopixels and I'm gonna need to have at least a K of RAM for the stack and my Neopixel buffer. Like it's just tough to, you know, I know that there's chips that are like 10 cents and it's like, you get 56 bytes of RAM. I need more than 56 bytes of RAM. Okay. And just to confirm you ordered a 8051 micro as a backup case, we can't get Samdies. Yeah. You know, I'm always...  Adapt or die. Just for this one case. Just for this one case. Here's the thing. Like we've had to deal with COVID for the last year and we had to change what we were manufacturing for a while in addition to the things that we normally made. You gotta like, you gotta roll. There's natural disasters. After 2008, the recession, you just have to be ready now. Like... Yeah.   I'm not gonna buy a $6,000 compiler yet. But it is something that, you know, I just, I'm like, okay, let me get it and just have it in case this is something I need to look into. Again, I met all people by new tops, you know? It's like, but I want... 246, I guess, has i-squared-c and Arduino support via tiny mega-core. I mean, I wouldn't be able to use Arduino. Like, there's just, I would have to do it in straight-c. I've just, I've learned that you can't, even for the SAM-D09, you can't use the Arduino core. That, you know, there's Arduino core support. You can't, you have to write it in plain GCC if you want to have something that is an i-squared-c peripheral that just does an i-squared-c peripheral and it doesn't have overhead. It's just, you don't have enough memory to handle the overhead of Arduino, which is a very handy overhead for this particular case. You have to, you just have to get rid of it and go straight to direct control of the registers because you have, you know, you want to run the whole thing quite tightly. Okay, we'll see how it goes on. Okay, I got some like this cool, let's see. I've got this cool chip from, sensor chip from Sensorian, it's the SCD-41. So this is, I got these actually a couple of days ago, but finally opened up. So this is a CO2 sensor in like a little surface mount package, just kind of neat. These are not cheap, but I got some samples and I designed a STEM IQT board for it. I could show that pretty fast. Let's see, break out boards. Okay, let's make it puff up my computer. So, you know, this little sensor module goes in the center and it's kind of cool, the green doesn't show up. Oh yeah, it's not doing anything. Green screening it out. Yeah, we got it, I don't know, it's fine. I don't know, that's cool. It's cool because it's, it's not the insert. There you go, all right, cool. So this is the sensor in the middle. And even though it runs from three to five volts, I thought of putting a regulator on there at a level shifter, more for like pin protection.  So I was like, you know, I'd really hate for somebody to just like plug in power underground and vice versa and fry the chip. So having a rugged, a rugged or like, at least, you know, an input protected regulator could prevent some common things. I don't know how delicate the sensor is, but like, you know, if the breakout's 50 bucks, I don't want somebody to be like, oh, I just like smashed my CO2 sensor by accident. But, so you made a quick breakout for this and so I'll send this out and I'll try it. I mean, it's, what's needed is since Sierra has drivers in Python and Arduino. So it'll be a very easy sensor to use. They've already written the code for microcontrollers, which is like really nice. Haven't seen that from a lot of companies before that they've added. They've written the Arduino in Python and Raspberry Pi code for you. So that'll be cool.  I think this will be very common. You know, I think a lot of industries are going to use this for like home air quality monitors. You know, it's just very tiny compared to the SCD 30, which is great. Let's see, what else did I have on my list? Do you remember? Other things? Yeah, let's see. The Arduino day stuff, you got some QT design. Oh, we got the Trinkie. I'll show that this, the slider Trinkie that you came up with. Yeah, I don't know if we're gonna do that. No, I don't hear that, but I was just like, well, you know, it's a Trinkie. So in addition to all the other Trinkies, it's like Trinkie Tuesday. I don't know if it's coming to the Trinkie of the day.  Yeah.  Sure, some of them might. Maybe, but you don't know until you actually tried out. So I thought we would get one as a little like a mini slide potentiometer.  I think you could put a rubber foot underneath it and then we just sit on your desk and be fine. Yeah, maybe.  Yeah, I don't know. Yeah, yeah. It's interesting. So, slide it. Well, this actually used to say slidey Trinkie. Slidey Trinkie. What's the difference between that CO2 sensor and the other ones? Smaller. It's just so really small. It's pick and placeable. You know, you can fit it into a small space. OK. What's going on? So let's see. OK, got the RP2040, NeoKey. Oh, the only thing left was doing some more stem acutification of old designs. So you'll notice like every week or two, we come up with a new, you know, a sensor that we've already made, we will revise it to add stem acutic connectors. Usually we have to change this shape and, you know, not the schematic, but the mechanical outline. Some people are a little annoyed by it, but I have to make the change, and I might as well just make it and be done with it, because I'm not going to have to make the change again. Basically, having all our sensors be in a standardized standardized pin order, you know, is worth it. So this week I'm doing the seven segment backpacks, which are pretty popular, very old design. They have an HT16K33 on the back, and then a seven segment or, you know, alpha numeric segment LED matrix on top. And then, you know, we always had the I squared C plug-in on the top. I'm going to keep that, actually, because like there's so many designs that use it that I'll keep that pin order and that plug. And then on the side here, I added stem acutic connectors that stick out. So you'll be able to chain these together to make long seven segment displays. So that'll be, you know, it'll be an upgrade. We'll replace the ones we have with these, and I think we'll be able to keep the price the same, because we're just adding these two little connectors. Otherwise the code's going to be identical. So it'll be, it'll be nice.  A lot of, you know, all new ones, of course, are stem acutic, but then going back and redoing the old ones has been, you know, it's tough, because it's like, I don't want to discontinue some, but some it's like, wow, we really don't make a lot of these, or, you know, they're getting close to being discontinued. I have seen more things get discontinued lately. I mean, maybe I'm just getting to that 10 year, like I've been using this bar for 10 years, at the end of 10 years, support is being dropped. Speaking of which, you know, for the great search, which we'll jump into next, there are these really long lead times now for components. We did a lot of purchasing this week to make sure that we had some of the lead, long lead time components, we started ordering and booking them out. So, you know, they're not in stock, but we could at least book the order with factories and let them know, hey, we will, this is when we're expecting to get more. So, if you do get stock, like it's not like nobody's gonna have nothing for a year. We just don't know what and who is gonna have something within the next, you know, six, nine months, 12 months. So, you know, booking things out, hopefully we'll be able to keep the majority of our products being manufactured. Definitely a tough time if you're, if you need a wifi or cellular module, like, you know, I sell particle, has 56 weekly time for their cellular LTE modules, or the boards that use the cellular LTE modules, even I think the NRF 52A40 modules that they were using have, you know, 20, 30 weekly time. So, it's a lot of weeks, a lot of weeks, but, you know, this happens, every time there's a recession on the bounce back, there's always this like component crunch, and then, you know, six, nine, 12 months later, it dissipates. So, we'll eventually have components again, like it's not like there's no sand in the world. There's lots of sand, we'll turn those into semiconductors and sell them, and there's a lot of money to be made. So, I'm not worried about that. Just in the short term, it might be tough to get some parts. So, just be, so I'll always be on the lookout for alternatives and replacements. And I'd say don't be afraid to redesign a board if you can get a part. PCBs are annoying to re-spin, but PCBs are usually not the most expensive component of your design, and they're always available to be made. So, you could re-spin the, you know, the boards, get new boards, and keep the old boards, so when you do get that older component back, you could, you know, swap it in and have it be like a drop-in replacement, basically. You don't have to even throw anything away. You're just kind of delaying that build for a few months. So, the component that we had to find this week, we used a lot of what? I have to start the intro for the great search. Oh yeah, I want to start now. Ready? Yeah. Where are you? All right, The Great Search brought to you by Digikey. Thanks, Digikey. And Lady Eda, Lady Eda is going to use your powers of engineering and procuring parts for 15 plus years and using Digikey site to show you how to find what you're looking for. Yes. What are you going to look for this week? Okay, so, as we were mentioning, due to this post-recession boomed in components, a lot of components that were hard to find and now impossible to find, some that were easy to find and now impossible to find, it's just everything is very long lead time. A lot of parts of evaporating, as I like to say, they're being gobbled up. So, one of the components that we've used a lot of and had new, even though it's not recommended for new designs, NRND, we were still, we were able to get large quantities, no problem. The lead time was a little long, but you could still get tons of them and then this week they just completely disappeared because I think this part was used by other people. They really needed it and so they purchased it up. So, this was the part that I like to use. This is the APX80326SAG. So, the APX803 part, this is a simple reset supervisor. So, what it does is when you plug in power and this is people who do electronics, once you get past just using modules together, you'll quickly hit this. If you power up some circuitry in each one, it turns on at different times, based on when the voltage rises past the turn on voltage for that component, you can get components that like the microcontroller has start up but the display hasn't or the display has and the microcontroller hasn't and it needs to be like usually, this is why you have a reset for your sensors or displays or peripherals where you actually like pull the reset pin low on after the microcontroller or microprocessor has booted to really like make sure everything is reset and comes up together at the same time with like fully clean reset values. But for us, because we're using a lot of modules that you know, beginners are using, they sometimes don't connect the reset pin or they don't want to connect the reset pin or they forget to toggle it or whatever and so we'll add auto reset circuitry and what that will do is make sure that when it's plugged in that, you know, the component itself will not power up until it won't come out of reset until power has reached a certain level. So it just means you get a much better experience. You're less likely to have like flaky, you know confusing responses with your peripherals. So let's go to the overhead real fast and I can actually show a component in question. So this is a display module. So this is like a, you know, a TFT display breakout and I have level shifting here is that APX803. So what this does is that when you power this TFT it'll perform a hard reset and hold the reset low until the power gets up to about 2.7 volts and then it'll hold the reset for a little bit longer and then release it just making sure that the TFT really comes up very cleanly. Otherwise you can get like, again, flaky behavior or you think it's responding. It's not really, you know, has old values from, you know, when it was previously powered on or they're corrupted a little bit. And if, you know, there was a reset pin but if you don't actually perform the hard reset this chip will do that favor for you. So they're lovely little chips and they're pennies, right? They're not very expensive. I love to sprinkle them on displays especially. I found that they've given much better experience to users. So back to the computer. So the APX803, like I said, I was able to get it. Now I can. And also the lead time is 43 weeks, right? I mean, like, I don't even know what's going to be going on in 43 weeks. That's- It moved to Mars by then. I know. It's ridiculous. But what's cool is you can see, like they're inexpensive, you know, for 10 cents or so you can have one of these auto reset supervisors. I just really love them. So let's find an alternative. Now this was, again, this is not for new designs but I really, I was able to get this. No problem. This part I've been using this for years and there's been always plenty. And then, you know, recession ended or post pandemic ended and these were all swept up. And I was like, you know what? Now's a good time to find a replacement. So I'm going to use the product attributes here to find a good alternative. So I don't care the manufacturer. So I'm not going to click that. I don't really care about the packaging yet. I'll deal with that later. Obviously I don't want it to be, not for new designs, I want active. I do want it to be the same sort of thing. A simple reset, power on reset. I want it to be open drain or open collector. What that means is, yes, you know, they can reset the micro-troller. Actually it's interesting the IMX-RT board. I also had also the IMX-RT-1011 micro-controller board I'm designing. This micro-controller in the data sheet, like the app note for like minimal schematic. It also recommends to have an auto reset circuit. So it's the same chip used here. Again, I really like this chip using a lot of designs in mind. So I want open collector because that way I can also have a reset button. Or if I do want to have a reset control, I'm not going to have like two, you know, signals fighting each other. It's like, this will hold it low. But then if I have a reset button that pushes the reset pin low, that's also okay. So let's do open collector. Active low, that means when I want to be in reset, I keep it low. So for this chip, the reset timeout is 140 milliseconds and the voltage threshold is 2.63 volts. I'm not going to click those because again, I don't care if it's 130 millisecond, 140, 150. The voltage, I don't care if it's 2.5 or 2.7. I just need it to be around that number, right? So I don't want to be too picky. I don't pick those. I do want to have the same package, SOC 233. I really would like it to be drop and replacement. And I only want to monitor one voltage. Okay, so let's look at what's available. So here, you know, I'm in the normal search. I'm going to have my classic only search for active and only normal stocking. Why not, you know, in stock? Because there's a lot of stuff that isn't in stock right now that like might be soon, again, stock numbers are like so confusing and weird right now that I have some APX 803 in stock. I'm good for like a month or two, but if that lead time is 43 weeks, I will run out before my back order gets fulfilled. So I just want something that is like, he's likely to come into stock in the next few weeks or few months. Okay, so the reset timeout again, the one that I had was 140. You know, I think anything between 120 to 150 is fine. It doesn't, for my purposes, it doesn't really matter. As long as it's held down for about 100 milliseconds. Maybe I'll pick even 100 milliseconds. Okay, so that's good. Then the voltage threshold. So remember the one I had was 2.63. And the reason it won't be picky is you can see there's 2.625, there's 2.63, there's 2.64, 2.7. All these are like pretty much okay. So I'm gonna pick like 2.625 up to like 2.9. Cause everything I'm using is like basically 3.3 volts. And so as it rises, I want this to turn on a little bit before the 3.3 volts. And also, you know, if the voltage is a little bit low, I don't want it to kick in by accident. So, you know, maybe, maybe something like that. Okay, so let's apply. Okay, great. So we're already starting to see like, ooh, these look good. You saw 23, these look nice. I can start scrolling here.  This one is 33,000.  I sprinkle these on board. So I want something inexpensive. So I'm going to view the prices at about a real. And a real of parts is 5,000. So I'm going to do that. And then sort by price. And I'm going to see these TI parts, the TLV803 EA-26s. So those came up. I'm already feeling really good about this. Why? Because I, you know, my part was the APX803 and this is the TLV803. I always love it when the part I'm looking for has the same like number in it. Cause that gives me a hint that like they're, they're designed to be cross compatible. Just one is uses the TI prefix TLV. And the other one uses the, the diodes prefix APX. So the next thing you have to watch for is like many chips. I'm, I, you know, especially the low cost ones, they often come in multiple package formats that have the same part number, which is like so tricky. And this is one of the, the part, luckily I remember this from when I first specced the APX803.  I have the data sheet for the APX803.  See, it's not remanded for new designs. Okay. They actually come in using the 803s, which is also out of stock, but, or maybe it's the, I don't remember, maybe it was a BGA part. I don't remember. So there are two packages here. There's this part and they're both sought 23. One is the essay package, which has ground reset VCC and then the SR package, which has reset ground VCC. Why would you do such a thing? I mean, it's probably like, this was a replacement for something else. Maybe they had a customer who was like, you know, I really need to have this particular pinout. There's, there's some reason, but basically have to watch out. Cause if you get the wrong one, you're going to be very unhappy. This chip is not going to do what you think it's going to do. I don't even know what it would do. It should get very confused. So I'll be trying to pull ground down or like reset up, who knows? But the one that we are replacing is the essay package. Right. So it's sought 23 SAG, which means we want ground reset VCC. Okay. Cool. So now when we go back here, we want to look at the data sheet for the TLV803, which already downloaded. And you'll note that they also have like, you know, various packages, they have various types. This is the topology. This is, you know, what it does is it push, pull, open drain, active high. So, you know, yes, we want the 803. We got that. There's multiple voltages. Cool. We got the one we wanted. And then, yeah, there's different packages with which one is reset. So let's scroll down and see if we can find the pack. Okay. They have like eight packages, too many packages. So for this one, we want the one that matches this. So ground reset VCC, ground reset VDD. And we want not the SC70, but the SAG 23. So this one, ground reset.  They went the other way too. They're like, we'll flip it around anyway. I don't know. Maybe it's again a replacement for some other part that has a different pinout. So we want the DBZ package, the Dragon Ball Z package. Cool. And this is the R pinout. So we want the non-R. And so if you look here, it's a little, maybe I'll zoom in. You can see this is the R. It has the R in that part number. And this one doesn't. This is the one we want. Yes, TLV EA26 Dragon Ball Z. Not R. Confusing because this has R in the part number, but that's for tape and wheel. I'm pretty sure this is the right one. But I'm still gonna get samples anyways to try because I think this is very, oh wait, sorry, I cooked the wrong thing. I meant, hold on. See, I was confused. One second. I'm going to find, I want the TLV. Yeah, sorry. The 26R DBZR. And this is the 26 DBZR. This is correct because there's an R, but an N, but not after the 26. So I did get it correct. Very tricky. Watch out. I have been fooled multiple times by multi-package parts with different pins. In fact, even today, looking at the resistive touch controller, I was looking at the pinouts for the QFN and the TESUP part were different. I really wish everybody would just sort of stick to one pinout, but they just don't. So I'm still gonna get some samples of this. Make sure that it's the right one because I'm paranoid. But now at least I have a drop-in alternative for that APX803. So good news is I will be able to keep manufacturing all the parts that use the APX803 just by dropping in this component after I test it and verify that it's a drop-in replacement. Yay, we'll be doing this for the next six to nine months. And that's a great search for this week. Sneaky R. All right. Okay. And that's a desk-a-ladied for this week. Yeah, any final questions?  All right, thanks everybody. Thanks for going in the search. So we'll see everybody during the week. We have our shows Tuesday, JP's product pick Wednesday, three hangouts with Noah and Pedro, show and tell, ask an engineer. We've got JP's workshop and we also have Scott's deep dive.   So stay tuned to the airfruit sites, channels, social media and more. All right, thanks everybody. Thanks for tuning in.


Mae'r ffordd a chyfnod, yma, y 24th yn fflaesio a fflaesio a'r ystafell mwy o'r ysgolod yn ysgolod. Mae'n fflaesio i'r ysgolod yma, i fynd i'n ddyn nhw'n gweithio i'r ysgolod. Mae'r ysgolod i'n ddysgu eu sesio o'r ysgolod yn ysgolod, a'r ysgolod yma, a'r holl o'r cyflaesio i'r ysgolod yma i'r ysgolod. You will see from the calendar on my right here, this was posted by head of analysis Anthony overnight on our Twitter feed. I think I retweeted it as well. If you haven't seen this, please do head over, it helps to start planning the week as it comes. Monday is other than really the I-Fo out of Germany. It's going to be a pretty quiet one. Ie, fe wneud fydd y bach yn yr hwnnw o'ch bwysig mwy o'u llyfrgellun gwaith, fe wneud ei ddim yn gwybod, fe fydd e'n gweithio ydy ddim yn gallu'n gweithio ar Ascot. Bydd nid oedd rhan oedd o'n gweithio ar y llyfrgellun gweithio a rhoi hadech chi, a bydd honno yn oes fod yn oed yn gallu bod hefyd yn fany o'r oed yn dweud, yn dweud yn dweud mas gweithio'n oed, a gweithio'n gweithio sy'n ddych chi i gael'u phwng.  Friend, tell me, So today seems like one, Just to sit back and plan and not go chasing the market too much. If we have looked where stocks are trading Following a fantastic week, it has to be said back above 2900 on the beginning of it, this time last week the dovish Aqua Fed healthy… Helping to push on, however we are just stalling a touch if we have a look then of course Mae'r ffrindio cyfry bryd yn gweithio. Ben yn yr un pethau a ddweithio'r erbyn! Felly ydych yn hyn yn ymddangos? Mae'r marweith hons yn gwneud hynny i ddif iechyd o'r rwyaf a mae'n cael ddweud i wneud hynny. Byddwn yn ymddo i'r cyfrifiadau yng Nghymru yn ei wneud yma y tuw i ddweud. Felly mae'n cael bod'r passerbyn ar y maen nhw yn mynd i chi'n meddwlol yn ymryd. Dyna'n hefyd fel y byddai b~) ddechrau'n llawer o'ch cymdeithasol a gwybod i'n meddwl gwneud, Ond gweithio'r ffordd dyma nid yn cydnodd a phoesol yn ei ffwrdd gwneud, Ac yn ddiddordeb amdano'n gweithio'r ddedigau, yna, yn ffwrdd US. Fel Ynrhyw Gwld, mae'r dda hefyd o Eicor, ac mae'r perffindingau gennyngerol a'r ddweud o'r ffwyll诚au. i mentioned here is we are now at 1,805. We're keeping an eye on how we trade around at high, is that gonna be at double top? It seems like it's if you want a neck line for a gauge of judgement, 14.0, 4.2.  Mae cwmdoch anodol o gwasryd iawn, ac mae'n fydd rhan o'ch bwrdd yma. LED yn fwy o'r opa על gwyllfa, neu mae'n fwy o'ch gofynu. Yn eisiau ein gwyb sydd yna'r ddweud, yma, yna rhaid yn wel i'w haf. Felly mae'r wrthym yn dweud yn rhywbeth oed â'r bwysig bwysig ddech chi nes yw fengyrchu ei chweithio'n fudd i'r gwaith gweithiau. ond ganddo'n gweinwys iawn i $50. $51, ond ganddo'n gweinwys iawn i ysgwrdd yn y gwbl iawn. Diolch yn byw ychydig i gyd yn mynd i'w gweinwys iawn i'w gweinwys gweinwys iawn. Rwy'n ni'n meddwl i'n cael hwnnw. Rwy'n ni'n meddwl i'n meddwl i $55, ond rwy'n ni'n meddwl i $58, ac mae'n meddwl i'n meddwl i $55, ac rwy'n meddwl i $55 i'w meddwl i $55. Rwy'n cael ei ddweud o'r drwg yma, ond yna yma yma, ond yma'r G20 yma ar y dyfodol, yma'r Trump yn ddiwedd i'r Proseson G. Felly, yna'r ddweud, ond, yna'r ddweud, ond yna'r ddweud, ond yna'r ddweud yn ddweud yn ddweud yma, ond yna'r ddweud yn ddweud, ond yna'r ddweud, ond yna'r ddweud, Over the last couple of days, well, on Friday evening, I'm sure you all saw the headlines that Police have been called to Boris Johnson's house. Yes, absolutely, if you hear something you should call the police, but to then, when nothing's then no further action taken to then go and send a video recording to the Guardian, kind of sums up what kind of person that person is. However, it's bit of a non event, bit of a non story, nothing coming of it. Boris doesn't want to talk about his personal life, people think he has to, it's going to go around in circles, there's a lot bigger things going on. Has this affected his odds in the leadership race? No, not according to Oddschecker, as low as one to seven with some bookmakers, one to five the best you can get with Sky Bet. With Jeremy Hunt at four to one, I think that is fair considering obviously it's a two horse race. You know, it's a second horse pun here of the day. But yeah, I don't think there's too much in the way that this is going to worry the market. Also, we've had over the weekend Boris Johnson talking in his telegraph report. This was on the weekend signalling that his focus was on leaving the EU on the 31st of October. We've heard this all before, whether he can actually get things done or not remains to be seen. The pound recovery has been quite strong back up to 128 trading below 126 just a week ago. He was suggesting in this article that the date that the UK would face a democratic explosion if it did not leave by that date. Now that's big words for something that is not a foregone conclusion with Rory Stewart getting the boot on Wednesday or Thursday last week. That was Theresa May's last backer really going of her deal. The EU have said they're not going to change the deal and Boris Johnson is going to obviously try his own one to get through Parliament. The EU would then just reject anyway. So to come out and say something so hawkish about leaving on the 31st of October is pretty brave and you can picture the headlines come the back end of that month and then on Halloween when we again have to ask for a further extension. He went on to say this time we are not going to bottle it, we are not going to fail. In my opinion and I think it's shared by many for us to get things done by the back end of October is wishful thinking. The back end of July pretty much this date now will know who the next Conservative leader is and the next Prime Minister. Obviously have the back end of August is recess for government and then you've got the new EU commissioner being elected before we then can get down to business. And there was actually a report from the independent over the weekend suggesting that the Conservative party are reportedly making plans that will permit the next PM to hold off from putting their Brexit plans to Parliament until autumn, which could limit the time to reach a deal to just over three weeks before the 31st of October. It's been three years trying to get some sort of deal but now new Prime Minister is supposed to do it in three weeks. Having a look at the pound and I said it's over 128 and really this is going to be helped by the dollar weakness that we've seen. You can see the sharp recovery if you like of the pounds here. I do think like we were saying last Friday when we were talking about the biases for the day and the week ahead that the dollar does feel a bit overdone. Whether you want to look at this more technically to have your sort of gauge of sentiment, you know you could be looking, I mean it's as close as around, draw this trend line on, you can see the importance of the level around 127, 66, the pivot below that 59. If we get it to get below that close to day then we could of course drift lower and that might be the way to look at the things here. Because obviously you have the weaker dollar on one side but also the pound situation doesn't really look like it's going to get much better. If we have a look at the direction that we went on from May we of course are still a fair way off that. Probably worth having a look at some Fibonacci levels from that cellar to that low. I mean the 3.82 holding quite firm now. If we look back historically as well to the February lows, the Valentine's Day lows, another meaningful boat, quite a key level that we're trading now. A bit of rejection this morning has this just been the good opportunity to get short again. Obviously time will remain to show what will happen there. But is it important week for the US as well? We have some data wrap, we just go back to that calendar. The Chicago PMR on the Friday, you've also got the PCE number as well which we know the Fed look at. If that was to come in and that's really what I'll be focusing on the Friday, the core PCE number. We know the Fed look at it so if we were to get a weaker reading where this strengthens the case for further cuts and maybe it is going to be a 50% cut rather than that 25% cut or 0.25% cut that people are thinking about. However if we were to see a good number then the market might have to change its view and the dollar might have to start strengthening again. Going back to the dollar and it was interesting having a look at the reaction to the Fed on Wednesday. If I just bring, well, just circle up or rectangle the area. So we did push higher, we're now, I mean if we go from the Fed you can see, actually Friday, Thursday, I've got a long day there and say it wasn't a massive reaction. You can see we have pushed on quite a lot since. However, if we look right back on the day it was happening and this is against the euro, but the dollar was on a two week high. So unbelievably going into a dovish Fed announcement interest rate decision. We were on a two week high of the dollar or just touch. So a bit of unwind of that, not necessarily to say that they were ultra dovish more so than expected, but the dollar had strengthened into this meeting. So maybe just an unwind of that. I do think there's going to be a good opportunity to short say euro dollar again and the way this market is behaved over the course of the year. It might be worth just trying to identify any potential trend lines going into the week and breaks of those. Then you can get that continuation lower. But back to the calendar and looking at opportunities for where the dollar strength could come. Friday could well be that with the Chicago PMI and the core PC numbers, which we know the Fed prefer and looking at as it strips out more volatile components such as energy. Analysts expecting a 1.6 reading as of now. And then some analysts have gone on to say that if they were to overshoot the forecast it will strengthen the argument of Fed Chair Jay Powell who says weaker inflation this year is transitory, a scenario that would spur markets to rethink the case for a July rate cut. But however on the flip side of course if it's worse then it's just going to boost that idea. Which brings us on to the G20. Going back to this time last week I was speaking with Ann about what I would do if I was Trump and having the tweets last week however long ago it was where it was looking now that Trump was saying they're going to meet and it's all going to be great. We were just saying perhaps he's just shot too early here. I know it's in the election year and he wants the stock markets on all time highs. He wants these good trade deals.  If I was China I would do the same. I would make Trump sweat as long as possible. I know there's been a big impact on the economy for China. But if they wanted to play it from a more clever point of view they could just hold off and then actually have the latter part of the year when Trump is really campaigning for that re-election. If he doesn't have this China trade deal done he will struggle. That is leveraged on the other side and sleepy Joe Biden might just wake up. So it will be interesting to see what can get done at the G20. I don't think the markets are necessarily expecting a deal to be announced. We have pushed higher a lot going back to just the last week. Just the idea that they were meeting was enough to strengthen markets massively helped I guess by the rubbish fed as well. But it should be a pretty interesting end to the week. So looking at that calendar quiet start to it more range bound let the markets tell you what's going on and the scheduled releases and perhaps more unscheduled announcements that the G20 might be the better opportunities for a longer lasting move. China what they were saying in the people's daily administration the paper they were saying the US must drop all tariffs imposed on China if it wants to negotiate on trade and only an equal dialogue can resolve the issue and lead to a win-win. That's what the newspaper was saying. Any hint that they're prepared to get talks back on the road on track towards a deal would be welcome news for the economy the global economy really. And then that on the flip side that positive news then may give that warning or take that warning away and the Fed may not cut rates at all. So if you're Trump now you've seen what the Fed are looking to do. You've seen now there's talks of a 0.5 rate cut. Trump's going to be hawkish isn't he. So therefore if not if it does look like there's a deal going to get done and significant progress will be made well then the stocks should continue to push on. However I don't think he's going to do that right now. He's got a bit of ammo with the Fed and I do think his baby down Jones is what he cares most about in this election and he will time it as best as he can. It may be interesting to see how hawkish as well on the flip side China are as we go through these talks as well. Last week obviously we saw a lot of central banks with the Fed, the Bank of England, Bank of Japan. We saw some comments from some ECB. So we'll just have a quick run through of those things here. If you flip back to the euro we have pushed on higher since then. The interest rate decision 7pm last Wednesday, Powell took it as close to a rate cut as possible without executing one. It would be the summary. He and his colleagues removed a previous pledge to be patient. That removal was obviously ignited further dollar weakness and we traded around that day 113 on the futures and we're now 114.5. So not the biggest move in the world but still a big reaction from where we were trading in that sideways range in the build up to the meeting. The uncertainty highlighted by the US trade war will remain and Trump knows now that he can be a bit more hawkish come Friday and Saturday. So I would say the dollar side of things, it could be a good opportunity to get a reversal of that but stocks wouldn't be too aggressive just yet about thinking that this market is going to push on and on and on. Just be careful perhaps going into the back end of the week. Of course the data we talked about, the PC number, if that is good then on the flip side power again you can step back and say we've seen this transitory inflation number. As we mentioned we're now not going to cut rates and suddenly the dollar strengthens quite a bit again so we'll go back to those highs on the index. ECB, yes they well, we know it was, well what was it, the 18th? So Tuesday where we had the Draggy tweet in the morning, or not Draggy comments in the morning only for Trump to come back and blast him on Twitter. The tweet here, Mario Draggy just announced more stimulus could come which immediately dropped the euro against the dollar making it unfairly easier for them to compete against the USA. They have been getting away with this for years along with China and others. So the ECB, while they didn't have a central bank meeting, Draggy found himself at a Twitter war with Trump not something he would have signed up for all those years ago. Of course he's stepping away in autumn. Bundesbank president Jens Weidmann sought to make himself a more viable candidate as well to succeed Draggy by acknowledging the ECB's crisis fighting tool is legal and valid. If he was to get the nod it would be a hawkish one for the euro despite him trying to make him more viable here. So we had some dubbish comments out of the ECB out of the euro last week and you can see that the day before, I'll just bring this into picture here, the day before the feds, you can see that reaction although the complete reversal and more following 24 hours later after that. Bank of England, what did we have? Let's have a quick look over at the pound. On the Thursday we drifted higher into the announcement, came back lower and then since Friday afternoon where we've seen a lot of dollar weakness we have pushed on. We're just coming to that key level though on the pound. I'll keep an eye on those Thursday and Friday morning highs to keep a close eye on. The Bank of England, what do they say? Acknowledging rising concerns on the UK leave in the EU, really they can't do anything until that is sorted, especially if the UK leave without a deal. So they've kept rates on hold, however Mark Carney said they still see the need for interest rate highs in the coming years if they're forecast bear out. So of the two previous dovish meetings that we had from the Bank of Japan and the Fed, the Bank of England is slightly more hawkish, however not really resembled in markets as of yet. The Bank of Japan has mentioned they were dovish but they kept things on hold minus 0.1% remaining there. Curoder reiterated that the Bank of Japan stands ready to add stimulus of momentum towards its 2% inflation goal is threatened, so keep an eye on that inflation number for the Bank of Japan. If that was to weaken, you've got to imagine this and be a follow-through and actually they might have to look at alternative measures. Unbelievably in an era of monetary policy easing, you've got the Nordges Bank who have raised rates for the third time since September and signalling more tightening to come. So fair play to them, that Scandinavian economy which is backed by the world's biggest sovereign wealth fund is starting to show signs of overheating after surge in oil investment. So at least someone is raising rates as well. Quick look over the calendar again just to reiterate today is looking pretty quiet. I wouldn't be expecting too much really other than the German IFO which will be worth keeping an eye on certainly for the euro and the DAX alike. That's coming out in 26 minutes. The forecast for that IFO business climate is 97.4%. So a tiny drop down from the previous reading so that will be really the main highlight today. As we go into tomorrow you've got Jerome Powell speaking again so that will be something to keep a close eye on. Has he got any further comments to say following the dovishness of the Fed and the market reaction that that saw ahead of the G20? Does he want to say anything? That will be something I want to keep a close eye on. You've got the weekly API and DOE's as usual Tuesday and Wednesday slot. Oil has obviously pushed on quite a lot. We've had some relatively hawkish comments out over the weekend from Iran as well. Let me just bring these into picture. I mean not actually about 46 minutes ago the Iran naval chief warns that Iran could down more drones whether they would do that or not. I think that would escalate things a bit. Trump going back on his word over the weekend saying that he actually wasn't ready to send the attack on Iran. He was dismissive of that despite tweeting it 24 hours previously. Last night over the weekend Iran Deputy Foreign Minister says its decision to decrease its commitment to nuclear deal is a national decision and irreversible as long as its demands are not met. Of these comments, of the China hawkishness ahead of the G20 I have to say I'm slightly surprised the US markets are still near those highs. I know we're in a bit of a chop right now near the all-time high. I'm a bit surprised we're not coming off the touch but oil remaining around 58, pretty key to see what happens at this area. It does seem like the R1 offered a good level of resistance along with this trend line. The pound is coming under a touch of pressure and you can see actually therefore now just breaking through that level and finally support on that trend line. This is a key zone 72 to 77 that will be keeping a close eye on gold. That neckline that we talked about before is key. We're keeping a close monitor on that as well. Back to the calendar just to wrap things up. You've got retail sales numbers out of Japan so keeping a monitor on how Japanese data comes out ahead of their next meeting where they're going to have to start doing things into the middle part of the year will be quite interesting. You've got a couple of speakers as well on the Wednesday and Thursday. Bank of England's Carney, Feds Bullard all speaking and the Votny on ECB. You've got Tory leadership hustling Thursday as well. I think it's a pretty much foregone conclusion with Boris to win it. Time will tell if it can get more interesting but right now not the case. On paper the most interesting day, G20, big US data that will be the main focus and we do have some European numbers out in the morning as well. I hope you all have a great trading day. Good week ahead and I look forward to catching up with all of you throughout. Take care.


The following is a presentation of TFNN. The Traders Edge with Steve Rhodes. Toll free at 1-877-927-6648 or internationally at<PHONE_NUMBER>. The Traders Edge. Now, Steve Rhodes. Good morning, folks. Welcome to the July 28th. The fantastic Friday edition of today's Traders 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. Hey, let's make sure we have an extraordinary one. Now, the easiest way to do that is to always remember that life is happening for us, not to us. That's right. When you and I make that one little two-by-four shift, it means we can find the gift. In every set of circumstance, that life is going to toss at us. Now, today you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning. I want you to know I'm absolutely grateful for your presence here, but even more important than that. That's this. During this next 53 minutes, I am here to serve you. So feel free to pick up that phone. I'd love to hear from you at<PHONE_NUMBER>. Now, if you've got a question, which you can't call in, send me an email. Send that off early. Send it to Steve at tfnn.com. And inside that subject hitting, please put, radio show question. Of course, if you're inside our tiger's den, well, then any and every ping will do. So let's go ahead and get this show started on. Fantastic. Fabulous Friday. Of course, this is Tiger. Financial news network. I'm Steve Rhodes. Welcome to the show. We got a sea of green out there. You've got all the US indices, nearly all the sectors trading the upside. The Dow is up 205, the S&P 42, the Nasdaq 10260, the Russell 24. Semi 73. Largest percentage move is the semis. They're up about 2%. Gold's up 14 bucks. 7 tenths percent. Silver's up 4 tenths percent. That's 10 pennies. Light's weak. Crutus off 26 cents. Natural gas up 3 pennies. 30-year treasury printed out at 124-14. That's up 18 ticks. Now, leading the charge to the upside, you got Boston beer, Sam Adams. $59. That is a 19% move. That's a big move. Must be selling a lot of beer. Radar pharmaceuticals up 57 bucks or 52%. Even a bigger move out there. 32 dollar move or a 3% move from Ricardo Lirbe, KLA Corp up 26 bucks. 5% Chipotle up $26 as well. That's a 1-3 tenths percent move. To the downside, it's Enphase Energy off 17 bucks down 10%. Aeon PLC off 15 bucks or 4%. BioRed Laboratories 15 bucks. 3.5% Solar Edge 12 bucks. 5% Sleep Number. Not having a good number down 28% off 11 bucks. So where do we want to begin? I'll tell you where we're going to begin. We're going to begin with the charts that we need to really focus on today to help us set what is likely going to be the outcome of the market. So let's do this here. Let's take a look at Oh, I don't want to first do. So first let's take a look at intraday where we at. So we're going to change panels here. You give me a moment. We'll go to those white background charts. And we're going to take a look at the 30 minute equity future contracts. And the reason that we are is because we have TD9 account topping signals and all four of these. In fact, we now have the one for the Dow. That completed as we were coming on the air. That high 35, 651. Just want to note that down here. 35, 651. Perfect. Okay. So here we go. Write these numbers down. First numbers, 4607.25. That's the ES mini. That is the threshold level of its TD9 count top. That TD9 count top completed at 1030. If we get a 30 minute bar close above that level, that tells us about a further rally. And that's going to be really important when we start taking a look at the ES mini out here. And you'll see momentarily when we take a look at that. So 4607.25. You get a 30 minute bar close out. My suggestion is don't be short. Now I'm not looking at the other timeframe chart. See what else is out there. I'm just telling you what the 30 minute chart would be communicating to you and I. With regard to the NQ, the number that you're writing down is 1582925. If we close above that, same thing. It will lead or should lead to a further rally. If we take a look at the Dow equity future contract, it just completed its TD9 count top at 11 a.m. and that high of that pattern. That's the number to write down 35651. You get a close above that. We're likely headed higher. And finally, the Russell 2000, its number is 199640. So the good news, we have TD9 count tops for all four equity future contracts. So for an inter-grade trader, I can understand taking a short position. Now what you don't have out here are any levels of support that have been breached. So those would become the price targets to the downside. Those would be the oscillator and change lines because there are all the profiles with the exception of the Dow are much further below those OUL lines out there. So in the case of the S-mini, it's around 4594, 15760 for the NQ, 35574 in the case of the Dow, and 1983 for the Russell 2000. Folks, price has to at least close below those levels to tell you and I that for its 30-minute time frame, that it has lost its momentum. But right now, momentum is very strong. The NQ out here right now is trading above that 1582925 level. We've got 19 minutes left in the session. We want to watch that. So that's the first set of charts to be paying attention to. While we're paying attention to these charts, well, one of the reasons is, see if I can do this. Well, what's another chart? Let me rephrase. Let me restate. Let me provide a different question. What's the next set of charts that you and I should be focused on? That next set of charts are going to be the DAX. The DAX? What are you talking about? Stevie, we're in the U.S. Not in Germany. Yeah, I know we are not in Germany. But what we want to pay attention to is, will the DAX close above 16-427-42? What's at 16-427-42? Excellent question. On a daily basis, it's a wave-7 pattern. That's letter G. And it's a ROGE momentum indicator top. Add it's all-time high, by the way. On a weekly basis, you've got the daily and the weekly charts, it is a ROGE momentum indicator top. If that level fails, in other words, if we get it closed above 16-427-42, the DAX is going to form an A to B equal CDT upside on the daily timeframe. I'm showing you the larger one on the weekly as well. So price is going to continue to move higher. Now you might say, well, that's nice, Stevie. That's interesting out there. But why are you focusing in on the DAX? So that's a great question.   We're going to change windows. We're going to go back to those black background screens. And what we're going to put up here is our correlation tool. And we take a look at our correlation tool. The top is the NASDAQ 100. The center is the DAX. And the bottom is the directional correlation. This is set to a three-day. I believe three days is the minimum that I can set this to. And bars that are above zero tell us about a directional correlation. 90% of these bars or 87% of these bars or whatever the high percentage is show a strong directional correlation between the NASDAQ and the DAX. So if the DAX takes out that very important high, odds favor, so too will the NDX 100. Or what it does is this really jeopardizes the daily and the weekly patterns that we have going on inside of the ES and the NQ. Now, let's go from here, let's go back to, let me do this. Let me close out a couple of charts here. Just to freeing up some resources. And we're going to go back to the white background charts. And we're going to take a look at the weekly time frame. So let's just do this here. Let me switch panels. We're going to go to the weekly charts. Give me a moment. Weekly, let's get there. And what we're going to look at is, actually I'm going to take a look at the weekly equity future contract. So there's over to being punched up on our screen right now. You'll see the TD9 Count Top for the ES. You'll see the Roadsman Dominicator Top for the NQ and a TD9 Count Top. Again, inside the ES Mini out here. That high to be watching. $4609.25. We close above that. That negates the weekly sell signal. And that suggests to Stevie, we had higher into mid-August. Steve Roads with TFNN. We'll be right back. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. 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After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices.  First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know, and you'll get a full refund within 30 days of signing up. TFNN.com Educating Investors. 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. 6-6-4-8, internationally at<PHONE_NUMBER>. Welcome back up, folks. Let's take a look at the weekly indice charts out here before we take a look at a couple of requests that have come in. So if we take a look at the Dow Jones, the upper left hand out here, what you don't see is any kind of a topping signal on the weekly timeframe, right? And what we know is we have price above its green oscillator and change line, it's above prior profiles out there. So we can say, volume or not, there's an A to B equals CD to the upside on the weekly timeframe for the Dow, and that should take us beyond or at least up to its all-time highs out there. So that's a signal coming from the weekly timeframe for the Dow. Now, we don't have synergy here. We take a look at the weekly charts. However, that synergy might come into fruition by day's end. The S&P 500, remember, closing the S&P 500, now the cash-indice, that level to be watching is going to be 45, 78, 43. We will take a look at equity-future contracts earlier. 45, 78, 43, we're trading at 45, 83 right now. A close above that negates the TD-9 count top. And what that does, we already have an A to B equals CD pattern. It's achieved the one-to-one. And what that would do, and I'll show you what that pattern looks like here, or at least I'll draw in the A to B, the 100% move out there. So there's your A to B. We'll just simply move this over to the C point out there. The lowest point that occurs after that B point, and you'll see we're beyond the one-to-one. So all the, and we've got wave number seven out here. Now that wave seven pattern can't be confirmed until we have a lower high out there. That could not take place until next week. But in essence, what we've got is an extension of the one-to-one A to B equals CD out there. And that would suggest higher price. Again, with that close above, and we're trading above it last week's high. In the NDX 100, the cash-indice, the number to be paying attention to, don't worry, I'll spit it out. It's $159.3205. $159.3205 is the top of the TD-9 count and it's the top of the TD-9 count pattern. Period, end in simple. You get a close above that. That says we had higher. Now remember, pay attention to that DAX out there. That's a little secret. But it's going to tell you a lot. Now when does the German DAX close? Is that at 1130 or 1230? I don't recall. 1030, 1130, 1230. I don't recall which one when we're in daylight, Savinstein out there. But it could be in 10 minutes out there. And if that were, maybe it's already closed. And if that's the case, and this is telling you, get a close above that, it's what it's doing is increasing the odds that the NDX 100's top will also fail out here. If we take a look at the Russell 2000, no top here. In fact, that just tells us that price wants to go target. It's a swing point. The most recent swing point high is up at the 2007 level. So no top there to be paying attention to. In the case of the semis, another important indice out here. If we get a, let me see, where is this top? So actually does not have a, it's got a wave seven top. That's it. And are we trading above? Let's see. Last week's high was 38, 55, 48, 38. No, we haven't traded above that just yet. So I don't have a topping pattern. Well, I take that back. We have a wave seven topping pattern in the weekly timeframe. If we just simply tick above last week's high, that just simply continues itself. The transports here are going to form bar number nine. They will confirm a TD9 count top today for the week, but they will not complete that pattern until next Friday. In the case of the NASDAQ composite, the NASDAQ composite has both a TD9 count and Roadsman Dominicator top. Again, they close above that high, which is at 14, 446, 55, tells us about higher price. The New York Stock Exchange in the process of forming bar number eight right now. That says potential top between this week and two weeks out. So watch the S&P 500. The S&P 500, probably the most important chart to watch today out here. Yeah, I'd say that. That's it. The S&P as well as the ES mini. So that's kind of a decent overview. Hopefully more than a decent overview. The markets, what to be focused on today and what the markets will communicate to us depending on its close. So now let's get to a couple of the requests that have come in. The first one coming in from Jambalaya. Great question. The question is really about bearish and golfing candles. And he provided me with a number of different indices. I'm just going to choose the diamonds. If that's okay with you. Why? Because you know, we're paying attention to that indices as well. So this will be helpful to you. This will be helpful to them. So let's talk about bullish and bearish candlesticks out there. What kind of meaning do they have? Well, the first meaning that comes with a bullish or bearish candlestick pattern just simply provides us with a new level of support for whatever level of support or resistance depends on the candle formation. That's it. A random Japanese candlestick that just appears is just really providing us with support or resistance. It does not tell us something is topped. It does not tell us something has bottom. It does tell us something is top and something is bottom. What do you mean, Steve? You just told us it hasn't. It tells us when something is topped or bottom at the end of a pattern where bullish and bearish Japanese, if you want to understand the real power of those Japanese candlesticks, it is at the end of the completion of a pattern. When something's happened in the middle, there's no top or bottom signal out there. Again, all it does is establish a new frame of support or resistance, kind of like a football game. You haven't made it to the end zone, but you do have some new yardage markers or what have you. As an example, let's just take a look at a monthly timeframe chart here for the Dow Diamonds. We had a bearish and golfing candle that formed out here at Jumbalaya in May of 2023. And that bearish and golfing candle happened right below resistance, which was its oscillator and change line. What did that meaning have? Nothing other than until some market had topped until some market had bottom. It just was interesting information. It just told us where there was a new level of resistance. Well, we closed above that level of resistance last week, so that just simply failed. Now let's take the Dow Diamonds. The Dow Diamonds, let's take a look at its patterns out here. The Dow Diamonds formed a TD9 count top, the bar following bar number nine on July 25th. And the very next day, which was Thursday. No, there's next day, which was Wednesday. Guess what happened? Price closed above that pattern by one penny. It negated that topping signal. So there was no longer a TD9 count top. What did yesterday's bearish and golfing candle do? That's the question really from Jumbalaya. But the answer is it did form a top, not because it was a bearish and golfing candle. It formed a top because it was the completion of the A to B equals CD pattern. Totally different, totally different out here. So here's the A to B. And I'm just simply going to move this line over to the C point. That's the lowest low that takes place after the B point gets formed. And there you go, right there, basically. And you can see we exceeded just a bit more than that one to one level. That sets up a sell the D point pattern. The power of bullish and bearish Japanese candlesticks is when they complete a pattern out here. Now, is the Dow Diamonds bearish? That's my question back to you. If you're watching this on Tiger TV, what you should be, if you're watching this inside the Tiger's Den, answer that question. Did yesterday's bearish and golfing candle that confirmed a sell the D point pattern, is that a bearish signal right now? The answer to that is no, it is not. Now, prior to having developed the oscillator and change line, my answer to that question would have been yes, and that would have been a false answer. Why? Because when price is above a rising price oscillator, and how do we know that? Well, that's what the oscillator and change line tells us. When price is above a green oscillator and change line, that tells us we have a rising price oscillator above zero. I don't care how you slice it. That is a bullish message. So we have both a bullish and a bearish message. So what we really have then is what? So yesterday, we have a confirmed sell the D point pattern. Absolutely, no doubt about it. And we may in some of those other indices, but if they didn't complete a pattern, then the answer would be that was just interesting information out here. But not until we see momentum fail. The only way momentum fails here is you've got to get it closed below that green oscillator and change line at $352.96 right now. So hope that helped answer your question with regard to bullish or bearish and golfing candles and all the other Japanese candles. Zero's with TFN. We'll be right back. We're going to take a look at Tesla and MDB. Attention traders. Larry Pesevento, the renowned trading mastermind, is holding an exclusive live trading event on Wednesday, August 2nd. From 9 a.m. to 2 p.m. Eastern time, transform your trading skills with the real-time wisdom of a Wall Street veteran. Just $295 gets you a front-row seat for this power-packed session plus a month free of Larry's sought-after newsletter, Fibonacci 24.7, a $97 value. 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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 4.00 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 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, so we do have the 30-minute bars that have come to a close. The ES Mini negated its TD9 count top. I wouldn't be short this market. This is suggesting this wants to move higher. If we take a look at the NQ it negated its TD9 count top. The Russell hasn't, so three out of four have. This tells us this rally should continue. We'll try to figure out where the next area of resistance is. At this stage here, these charts are telling us about and it's a significant rally, at least for these 30-minute time frames. So as an example, let's just stay with the 30-minute here. It's a strong momentum. We know price above, it's also there and change on. We just kind of covered that out here. And now where price is likely going to go target is the highs from yesterday. And that's up at that nine o'clock. High, which is up at that 46-34 level. That's well above the high that it needs to take out. To negate, it's topping patterns out there, both daily and weekly. So that's what we have there. Let's go take a look. Let's take a look at the request that have come in. We just have a few. And the first one, well, actually we're three. One was the SMHs. So let me do that one first out here. So take a look at the SMHs. Here's an example of bullish or bullish. Or bearish Japanese candlesticks. Yesterday, most people would say the market was just ugly. But what was the Japanese candlestick signal yesterday in the semis? Everybody had a horrible day for all intents and purposes. It gapped up. If we would just take a look at the SMH out here, it gapped to the upside. That's a bullish signal out here. There was no bearish candle that formed yesterday inside of the SMHs. So if you were to take signals from just whether it's a bullish candle or a bearish candle, you'd get all out bullish. We wouldn't do that here. Why? Because we know that it has a top that's in place already. How was that top formed? That top was formed with a rogement dominicator top. It was confirmed with a bearish engulfing candle on July the 9th. So we know that we've got resistance at the high of that pattern. That's up at the 160.79 area. That's up at 160.79. You're going to negate its daily top. You're going to negate its weekly top. And on Monday, you could be negating its monthly top out there. So what's the number to be paying attention to? Inside the SMHs out here, it's going to be the high of this pattern. It's at 160.79. We close above 160.79. The SMHs will turn all out bullish. Daily, weekly, and monthly. And that says no top in place here. Again, so when we take a look at, so what might be going on inside the markets out here? What might be going on, instead of using, this is the NDX100 as an example, instead of using 37 years worth of data to figure out its seasonal pattern, instead what we want to do is we're going to go down to a little bit shorter term time frame, such as a 10 minute. And here on a 10 minute time frame, this tells us that the NDX100 on average over the last 10 years is not topped until the middle of August. And so the signals that we're looking at today inside the DAX, the EES mini, all the signals out here, that is more likely what we're looking at. That's why I said if those levels get taken out, we're likely looking at a market that rallies into mid-August. At least from a seasonal standpoint, that's what shows up on our screens out here. Okay, let's go take a look at the next request. The next request is take a look at Tesla out here. This is for John C inside the Tiger's Den. So TSLA is the ticker symbol we have priced that is trading with inside its daily profile. It closed below the bottom of its profile yesterday. That was at the 258.64. That was a one-hit wonder. We're back above it today. The consolidation with inside that profile continues. Now, in the case of Tesla, Tesla gapped to the downside back on the trading day of July 20. That established a road momentum indicator top out here. And until price takes that out, will it tell us anything different? But what we do have is we have support that is held. And so this is just consolidating sideways. When we look at the weekly timeframe chart for Tesla, this formed ATD nine-count top out here. It did that last week. It completed the pattern. Now price should make its way back to its oscillator and change line. You are trading right now below the top of its profile, 265.73. John, I would say if price remains below that this week, odd still favor a pullback to the 243-ish area between 231.93 and 243.20 would be the likely target to the downside if you are interested in knowing that. The monthly chart is very bullish out here. Daily has a top, weekly has a top. No levels of support have been breached. In the weekly case, no level of support has really been tested. And that tested level would have to be between 231.93 and 243.20. So I hope that helps you out with regard to Tesla. John, and thanks so much for the request. The last request that I have at this stage here, I believe, unless there was another one that was put in here, is to take a look at, not McEwen, mine in MDB, oh, MDB. That's on my big set of charts out here. So Dan really wanted a taste for Dan inside the Tiger's Den. He wanted to really understand the 10 minute, I thought I had a 10 minute chart. I've got a 15. I'll change this for you. I'll change this. Oh, I've got a 10 minute over here. Let me pull this over. So why don't you're really interested in the in the very intraday time charts out here. What is a 10 minute chart for MDB telling us? Well, right now, prices trading above, it's bear structured 30 minute, 10 minute profile out here. It prices able to close for a second consecutive bar. That's got four minutes less than four minutes to go about 45, 405 out here, especially if it closes above that oscillator and change line. What that signals to you and I is likely a rally up towards at 412 level. So that's the MDB. So you want to watch what's the oscillator and change line. Good question. On a 10 minute basis, that is up at 405.79 to be exact. Now let's look at the other time frames. You wanted 10 and I believe 30 was your focus. So let's take a good 30. We'll take a look at the other ones as well, but I want to knock these out of the way. Let's look at the time frame chart here, Dan. What you have is a consolidation within its profile level between 397.78 and 408.43. Now, it's a 30 minute chart and we've got 24 minutes. So I was going to say if we get a bullish reversal candle, that would actually, what it looks like to me on a 30 minute timeframe is you have a three drive to a bottom pattern. The problem with that pattern right now as I see it, is we don't have a bullish reversal candle to confirm that pattern. So that's a 30 minute chart. Now let's step back and take a look at the time frame charts for MDB. Monthly chart says I want to get up to 519.54. We're trading above profile. We're trading above the green oscillator and change line 519.54. TD9 count breakdown resistance. On a weekly basis, you have a TD9 count top this in place with price trade above the top of its bearish structured profile. Close above it last week. You close above it again this week. It being, let me give you that number, 403.29. We're trading above that right now. The signal on a weekly basis becomes neutralized. You've got a top, but you're trading above resistance. So when you're trading above support as well, and therefore the signal would be neutralized. On a daily timeframe, roads meant to mitigate our top. That was confirmed with a three river evening star. All that that has done has led to a consolidation with inside its bullish structured profile. MDB has significant support between 392 and 402. I'm leaving off the sense. On a 195 minute timeframe, see what we have here. You have a roads meant to mitigate our top, price of being able to hold support. That's a port level out here, 394.74. So Dan, I hope that that provided you with the information that you were looking for with regard to MDB. How would I call it? I would just simply call it a consolidation with inside its daily profile after forming a roads momentum indicator top. Steve Rose with TFNN, we'll be right back. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basel Chapman, creator of the trading methodology known as the Chapman Wave. 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This program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ. Welcome back out folks. So we're going to take a look at Microsoft. This is for Nancy inside the Tiger's Den. Stevie's having some trouble here with his getting the cooperation from his trading tools. There we go. So in the case of Microsoft, Microsoft closed below the B point and A to B equal CD with lighter volume. The B point Nancy was a trading session of July 21st. Volume on that was 69 million shares. When we closed below it, a few days ago it was 58 million shares. Yesterday was 39 million shares out there and price closed below the bottom of its profile. But what we can see here is that closed below the bottom of its profile support. That appears to be a one hit wonder. We're back inside that profile level. So if this is going to turn into an A to B equal CD to downside, price should find resistance between the 340-22 to 340-303 level. Price closed above 340-303, you're headed to 346. So you've got a daily Roadsman Dominicator top that has formed inside of Microsoft. You have a weekly TD9 count top. Now the weekly chart that I'd be paying attention to here, I'd be paying attention to the top of its profile. Where does price close at day's end? Does price close above the top of its profile, which is 338-56. We're 337-56 right now. So one dollar. If we closed back above it, you'd have a TD9 count top that's in place out here that would be generating a neutral signal, not a bearer signal, a neutral signal. Why? Because price would be above its green oscillator and change line and above the top of its profile. That's not the condition we have at the moment, but I'm just providing you with that information so at day's end you can re-evaluate what did Microsoft just communicate to you. On a monthly timeframe, prices testing is all-time high. It's really, it's not all-time. It's all-time high. It's just testing the high from December of 2021 out there. And that high on a monthly basis did volume of 509 million shares. Last month we were moving into that with 547. So that said, we were going to go test that high and even if we clubbed, rejected and closed below, which we did, we'd get back up there and test it. Well, that's what we've done so far this month too. This month, 624 million shares versus 509. You know what that says? Even if we close back below that high, Nancy, that says Microsoft is going to re-test that high again. Maybe it's going to bust it out of there. So where are we on the daily timeframe? Daily timeframe, even though there's an A to B equal C to the downside, it has been confirmed by volume and prices now holding that support level of 334.60. Price was also moving into a swing point yesterday. That was this bullish hammer candle from July 11th. 26 million shares there. You were moving down with more. You were 39 million shares, but right now you've got a rejection. Today's volume in Microsoft is at about 11 million shares. So we're pretty light. We're about 30 million shares out there. I don't know what else can I provide Nancy with. I can provide you with a 30-minute timeframe chart. So on a 30-minute basis from Microsoft, what do we have? We have a rogement to indicator bottom that was confirmed with this gap to the upside. Jambalai, if you're still listening, so you got all these rogement to indicator signals here that are triggered. Well, maybe you didn't know they're triggered. They're triggered with regard to those black diagonal lines that get drawn, strong automatically because it fits within the requirements of the pattern that I developed out there. But that gets confirmed. All those signals, there was never a confirmation of a bullish move, not until we got the bullish reversal candle. This morning was that gap to the upside. Now price is trading above profile Nancy at $336.27. That suggests that we should get back to at least this high from 10 o'clock yesterday. And that's at the between $338 and $341.33. When I say that high, I really meant that swing point out there. So that's what I see when I take a look at Microsoft. I hope that that helps you out. I don't believe that I have any further questions. So let's call it a day. Let's go hit the links out there. It sounds pretty good to Stevie. Let's go do this here instead of doing that because I can hit the links in about 37 minutes from now. But let's go take a look at what else is going on inside the NDX100 just to get a feel here. So with regard to the NDX100, let's switch to from this chart set of panels, this up this panel, set of charts to the top eight holdings, waiting wise. So that's going to be this. So the number one waiting, we already covered Microsoft, no reason for us to go there. Jambalai, yes, about bullish reversal candles. If we take a look at Apple, Apple had triggered a Rosemont Dementicator signal, but it never generated a bearish reversal candle, not until yesterday. So what does Apple have? Apple has a confirmed Rosemont Dementicator top. Does that make it bearish? It does not. Why does it not, Stevie? Right now price is trading above the top of its profile. That's at $195.30. It's trading above its green oscillator and change line just slightly, which is up at $196.07. That says that the signal here is neutralized. You close back below $195.30. That would then suggest that Apple should make its way to $191.40, between $189.45 and $191.40. So do we have a top we do, but what's its signal? Neutral. Do we have a top inside Microsoft? We do. How about Nvidia? Nvidia has that Rosemont Dementicator signal triggered. Do you see a bearish reversal candle inside this? The answer is no. So this is not a confirmed top. All this is, is a consolidation between support and resistance. Support at $444.75, resistance $474.86. Amazon has a confirmed Rosemont Dementicator top. All that price is done is made its way back to support, which has held nothing bearish there, so to speak. Bearish pattern that just simply says that sellers only have the right to push back to support. We must support, well then it's a different story. No different story inside of Amazon. Tesla, we've already covered Tesla. Facebook out here. Facebook gap to the upside. We might have a caller. Do we have a caller? We do. We've got Garo in Newport Beach. Garo, thanks for calling. Thanks for holding. How are you today? I'm very good, sir. How about you? Excellent. I'm better now having heard your voice. You are calling to discuss BILIs. Is that correct? Yes, sir. Yes, sir. That Chinese stock. Yes. It's very, very seldom. I trade Chinese. So, but anyways, I want your blessing and your idea regarding this daily chart. Okay. It hit that 200 SMA. I see that. You think that it has room to go higher to 200 EMA and above or it's going to fail like April and May. Okay. So, that's an excellent question. I'm going to get my other charts here fired up. First with regard to these charts that I'm not showing anything. I'm not. I'll switch over to the Garo chart. So, give me a moment here, folks. Garo is one of those people. He's the only person, actually. He's got his own workspace inside Stevie's system. So, and that makes it much easier for me. So, here, if we take a look at what Garo was referring to, if you look at the left-hand side, that's a daily timeframe. That green lining. So, Garo uses a number of different moving averages. He uses a five-day simple and a 21-day simple. And he's always looking for those crossovers. That's the first element. He's also using a 50-day and a 200-day. The green line, that's out here. I've got a dashed line and a solid line. That solid line is the 200-day exponential moving average. The question is, will price move above that? Price right now today, Garo, if it goes above 1784 is bullish. But, of course, you've identified what can be a resistance point. The weekly chart suggests that it wants to make a move to the top of its profile level. And that is at 2060. So, that's what these charts, with your tools, I've added my one tool here, which was the task market profiles. So, what I'd like to do here, Garo, is move over to the white background charts to see what they're communicating to you and I right now. And as we take a look at those on a daily timeframe, we can see that price is likely going to go target 1936. 1932 right now, 1936. 1936 is its TD-9 count breakdown resistance level. We come back from this break, we're going to finish take a look at BILI, that is Billy Billy, with Garo, the Newport Beach. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. 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And the question is, do my charts indicate that price is likely to take on its 200-day exponential moving average? Here's what my charts are communicating to us, Garo, that more likely than not, that price is going to go target $20.01 or thereabouts. $20.01 is the monthly oscillator and change line. The last time the price was up here was the month of January of 2023 and that acted as a resistance level. And so that is going to be a very likely price target. The reason I say that's a likely price target is you have, I know you don't use volume, but today already you have 12.7 million shares. It's got an A to B equal CD out here. It's already completed the one-to-one. Price should really target $19.36. Now, I know it's not trading $18.98 right now. It's trading $18.80. I've got a little bit of a delay on this chart here for some reason. But it's above resistance, so it should go, it should go tag the next resistance level at $19.36. The weekly says I'm above a bullish-structured weekly profile. When that happens, it increases the odds, Garro, that price will make a run for resistance, which in this case is $20.60 and $22.53. But before I can get to those numbers, $19.36, yeah, no problem. But before we can get to any of those numbers and will it be able to truly take out in a meaningful way that 200-period exponential moving average if price closed above $20.01 on a monthly basis, that would be Monday. I would say the answer to that question would be yes. Do I think it will move higher? I do. Is it going to move substantially higher? That I don't know. Because I don't know how price is going to, just like you and I, you don't know how the price is going to handle the 200-day exponential moving average. We're looking for some additional clues out here to help us. It looks like it should at least move higher. And that 200-day is at, where's that at? 1914? I believe it's over the 200-day. Simple moving average is that. Gar, any questions? I realize we're almost at the end of the show. Yes, sir, yes, sir. That was excellent. Thank you, sir, your demand. Thank you, thank you, thank you. I'll talk to you Monday. Thank you, sir. That sounds great. Folks, thanks much for joining us this week. And stay tuned for all the great program we've got lined up. Have a fabulous and fantastic weekend. Be safe out there. And I'll look forward to seeing you on Monday as well. Take care.