Okay, we are going to start. Can you hear me? So we are going to give a couple of more minutes for people to take a look. Okay, so we are going to get started. Hello everyone. Thanks for joining. My name is Animesh Singh and these are my colleagues Daniel Crook and Jason Anderson. We work for IBM Cloud Team and we have been focusing on Cloud Foundry and OpenStack integration over the last one and a half years. Now today we are going to talk about how to optimize Cloud Foundry deployments, large Cloud Foundry deployments on OpenStack. Now before we go into some of the details, I would like to ask how many people here have actually either used Cloud Foundry or have deployed Cloud Foundry. So that's roughly around 40% of the room. How many people have actually heard about Cloud Foundry? Exactly. I mean, that's the reason you're here. So that's good. One more quick question before we get into the contents. How many people here have actually experienced number 11 syndrome? It's a pity you didn't because this is a term which I just coined two days ago. So let me explain to you what it means. We all have bosses, right? So you're given a task by your boss and you make a list of the 10 things you need to do so as to accomplish that task. Great. You do the task to perfection. You go back to your boss and what does he say? Why didn't you do number 11? So that's what I mean by number 11. So I'm hoping all of you at some point have experienced that number 11 syndrome. So with that, we'll give a very brief overview of how IBM Cloud is being built on open-source standards and technologies, be it at the infrastructure as a service layer, with OpenStack, Open Daylight, OSLC, or at the platform as a service layer with Cloud Foundry. Database is like MongoDB, portable workload templates like Tosca and even at the SAS layer where we are focusing a lot on HTML and JSON standards. As you are seeing through the conference, IBM is committed to the success of OpenStack. Throughout IBM, we have around 380 IBMers actively working on OpenStack in different capacities. And specifically with respect to the OpenStack community, that has grown exponentially from 8,000 individuals in March of last year to around 16,000 individuals as of now. And now begins our number 11 syndrome. So in last year, at the beginning of last year, IBM announced that all our cloud products will be based on OpenStack and seeing the success of OpenStack, we were asked by our boss or a set of bosses in terms of exploring Cloud Foundry and see whether we can replicate the same success at the past layer. We started looking at the Cloud Foundry. We deployed it in-house. We did a couple of tests. So what is Cloud Foundry? It actually passed a lot of those tests which we wanted. First of all, it's open-source, truly open-source. Secondly, it fits the real paradigm of platform as a service. As a developer, you're not worrying about virtual machines, network storage. You just go with your code.  You need Java, you need Ruby, Node.js, and you tell what services you will need to actually run your application. It will provision and bind it to them. So it's open-source. Target's developer needs. And third and most important, it actually has a very strong and vibrant community. As of now, we have more than 1200 contributors actually working on Cloud Foundry and more than 700,000 lines of code have been written and contributed back. In this chart, we give a very brief architecture overview of Cloud Foundry. At the very top is the router layer which is responsible for managing all the incoming traffic to your applications. User Authentication and Authorization, as the name suggests, it is responsible for making sure users are authorized and logged in. And Cloud Controller is actually the brain of Cloud Foundry. It's responsible for managing the lifecycle of applications. Applications are deployed on DAs, which are dedicated VMs, which get provisioned for applications, and the containers are actually embedded in what they call build packs. So, for example, for Java, you will have a different build pack. For Ruby, you will have a different build pack. Similarly, Service Gateway and Service Connectors are very much self-explanatory. They allow you to actually write your own services and broker it within Cloud Foundry. Health Manager here is responsible for making sure that everything is consistent. And if there is a mismatch, it reports it back to Cloud Controller to take some actions. Great. So we investigated this. We went back to our boss and said, Cloud Foundry seems like a very, very good fit. Do you think he was happy? What's the next thing he asked us to do? Can you integrate it on top of OpenStack? So we started looking at how Cloud Foundry can integrate with OpenStack. So Cloud Foundry uses a tool called Bosch, which is a release deployment and lifecycle management tool which allows you to deploy Cloud Foundry on different IS platforms, be it VMware, be it Amazon web services. And in case of OpenStack, it uses OpenStack CPI to do it or Cloud Provider interface. Now we'll go a little bit into the vocabulary of Bosch itself as we will be using some of these terms through the presentation. So what you see here is a job. A job is basically a collection of software packages with some config files. For example, if you're deploying MySQL, that's a job in itself. If you're deploying PostgreSQL, that's a job. And a release is a compilation of all these different jobs together. A stem cell is a base OS image with DEA agents embedded in it. And all the Cloud Foundry deployments actually go on the stem cells which are converted into VMs. And finally, at the heart of Cloud Foundry deployment is the deployment manifest, which combines all these things together, takes the jobs, takes the releases, takes the IS infrastructure information, you construct a big manifest file and tell Bosch to deploy Cloud Foundry. And in the end, Bosch deploys virtual machines on your IS environment and converts it into a Cloud Foundry deployment. This is a sample manifest file. Just to give you an idea, some of these manifest files can actually run in 2,000 lines, if you see. And part of the reason is if you're deploying multiple jobs, multiple software packages, if you're doing a Cloud Foundry deployment with caching service, queuing service, a lot of other services, plus you need to feed in a lot of infrastructure information. For example, in case of OpenStack, you need to tell what is OpenStack network information, what are the credentials to get in, what is the public-private key pair, what four different jobs will be running, etc. What are the used IP addresses? So there is a lot of information you need to manually enter in this manifest file. This chart gives a very brief overview of the OpenStack CPI or Cloud Provider interface. Now, any IS provider who need to deploy Cloud Foundry as we talked in the beginning, they need to implement this interface. In case of OpenStack, it has been implemented using Fog Gem, which is a Ruby gem written to interact with OpenStack APIs. It provides some of the basic functionalities like launch a VM, delete a VM, provision a disk, attach a disk to a VM, etc. Okay, so we figured out all the things we will need to actually deploy Cloud Foundry on OpenStack. But there's one more thing, a vanilla install of OpenStack is not sufficient. We need to customize OpenStack, we need to make sure some of the prereqs of Cloud Foundry are set up on OpenStack. In this case, we needed to make sure that there are static and floating IPs which are enabled, there are persistent disks. The VMs being deployed have outbound internet connectivity. You can get rid of this by doing a lot of work in terms of setting up a lot of Ruby gem servers inside, etc. Custom flavors need to be created for different components of Cloud Foundry. For example, for a router, for a DEA, which will host the applications, you need to create custom configuration sizes. And we need to make sure that there are security groups which are specialized to handle Cloud Foundry traffic in terms of making sure there is connectivity to the router from outside or the VMs in Cloud Foundry are able to communicate to each other. So great. We completed the integration. We actually deployed Cloud Foundry on OpenStack and we are happy. We go back to our boss. What do you think he will say? What to do next? Anyone? Integrate, automate. So we completed the integration, but he said, okay, there are a lot of manual tasks we needed to do. Specifically, when we talked about the manifest file, you saw that we needed to enter a lot of those entries. We needed to feed a lot of parameters. So with that, we actually went down the journey of automation. So a few of the things we did on the automation side. We extended the fog gem, which we saw the OpenStack CPI uses to discover a lot of information from OpenStack. So rather than going to OpenStack installation and finding out information in the config file or going through the APIs, we actually used this fog gem and invested a lot of effort in writing automation code to discover a lot of these things, like key pairs, flavors, your VM subnet, where is the DSCP server running, where is the DNS server running, what are the used IP addresses, because all this information we need to tell Bosch. So that was one step in terms of automating it. Step number two, as I talked about, a vanilla install of Cloud OpenStack is not sufficient, you need to customize it. So we actually invested again effort in terms of customizing OpenStack environments using the same fog gem. So what we are doing is we are actually creating key pairs, we are creating different flavors for routers, DEAs, cloud controllers, and we are also creating security groups, etc. We are upping up the tenant quota so that it can absorb a Cloud Foundry deployment. All through automation using the fog gem. And finally, automation tip three, which in our experience was the most cumbersome task of all, creating these manifest files. As I mentioned, some of these manifest files could be very, very long. So we invested a lot of code in terms of taking all the information we are getting either through discovery or through the setup we are doing and feeding it in the manifest file and generating it. So that was a big back through in terms of getting this done very quickly. And one more thing, I talked about the stem cell or the base OS images which a Cloud Foundry deployment uses and converts it into different components. Now in our experience, the community images, the stem cell images which are there, they didn't work as is. We needed to make some modifications. So we have invested in writing automation code around it as well. I mean, there are different ways to get around it. We experienced that the FS tab entry was not there. So you could either inject it manually or if you are just using a dedicated OpenStack for this only, you can change the OpenStack configuration parameter or the best of all, you could have Cloud in it installed in your image and it works in conjunction with the OpenStack metadata service. So great. We did all these things and finally we are happy. We are happy that we actually automated the whole Cloud Foundry and OpenStack installation and we are getting this done now in two hours. We go back to the boss and what do you think the boss will say? Number 11, guess it, scale it. So with that, I'll pass to my colleague Daniel Crook to talk about scaling Cloud Foundry and OpenStack. Okay. Can you hear me okay? Okay. So we thought our boss was going to be pretty happy with the integration, the automation, but what they really wanted to know was how do you actually run applications on this thing. So we asked what sort of, what would represent a large cluster out there and we picked 1000 applications written in Ruby, PHP, Java as a benchmark. You showed them using 252 megabytes and taking this list of this number of 1000 applications, we wanted to see what sort of resources we would need to support that. So for that, we estimated there'd be about 60 virtual machines. 20 of those would be high memory virtual machines that run the applications. There's 11 of the core fabric, the routers, the controllers, the authentication and there's the services themselves, brokers and then the open source services like MySQL, MongoDB, Postgres, Redis. And for each of those VMs, we needed an OpenStack infrastructure that provided them with local storage, root storage, ephemeral storage as well as blocks, object storage and of course all the network private IPs and public IPs to support the system. So we took this attempt of 1000 applications to run on an OpenStack cluster and because we were also experimenting with OpenStack in addition to discovering Cloud Foundry, we basically took the simplest possible approach we could to stand up a cluster. So we had basically all of the open stack components on a single controller node. That's all the databases for the components, the messaging, Cupid, the APIs, the scheduler, the user authentication and of course the UI. And we moved the rest of the servers within our cluster to be compute nodes for the actual virtual applications to host those Cloud Foundry components. And we also reserved one node only for storage which had Cinder and Glance. So it's a great first approach to working with OpenStack, getting the simplest thing to possibly work but it wasn't very good for what we wanted to do with 1000 applications. So the architecture there that we have used, it had plenty of single points of failure. There was also some bugs within Folsom and how it worked with Cupid that caused that head node to run out of memory. That in turn caused some issues with lost messages. Bosch not only provisions resources that Cloud Foundry needs but it also checks on their state, checks to see that they're there and a lot of messages and hits the API database result from that. We also, because it was also an open stack environment with a lot of other innovation experiments going on to clean the area of big data and analytics, there was a lot of network traffic that went through that head node that caused a lot of congestions, that caused Bosch to time out and caused other problems with that deployment. So in addition to being kind of an inefficient system that we first came up with, we also had implemented it directly on bare metal Red Hat servers. We had selected the nodes that were going to serve the roles and that's what it was. We could add more compute nodes but that was about it. So based on the lessons we learned there, trying to run Cloud Foundry at scale, we came to a more distributed architecture of open stack that kind of mirrors what we've done with Cloud Foundry. So we've broken the controller node out, we've kept the databases and RabbitMQ nodes, we moved away from Cupid, we have three of those each in clustered formation, and we've got the Nova API, the scheduler, Keystone and Horizon still on a head node but we've duplicated that onto two machines.  Those are all virtual machines which gives us flexibility to move them around, add to them, and we remained with dedicated servers for the storage nodes and the compute nodes. So this gives us the IO we're looking for as well as the better networking. So this open stack cluster then gave us what we were looking for for our Cloud Foundry experimentation. It provided a foundation that was highly available, very flexible, could add more nodes, we could move nodes around, and it was also very scalable to match our experimentation with Cloud Foundry past 1,000 applications. And of course we could have replaced an upgrade much easier than with the single point of failures we had before. So there's a bunch of other IBM sessions, two other IBM sessions that are going on tomorrow that go into a little more detail about the hardware, the actual specs on the racks that we used to our morning, and in the afternoon there's a talk on the testing and the architecture decisions that went into that HA architecture. Okay, so we now could integrate, automate, and scale. So we were pretty proud of ourselves, but there was still some more work to do. And what was that? Optimize. So Jason's going to take you through. Alrighty, so now our boss thinks we tirelessly work and we have one more task to do. We have to optimize. So we have our Cloud Foundry environment, it's up, it's running, we now have the ability to scale it out, but now we've got to fine tune it. We have to make it, to tighten it up, make sure it's secure. So the first thing we want to do when we're looking at optimizing Cloud Foundry is to go and look at where the bottlenecks are. We want to make sure that those bottlenecks are alleviated. So the first is the communication between Bosch and Cloud Foundry, or Bosch and OpenStack. So the OpenStack API is what Bosch uses to request the infrastructure that the Cloud Foundry VMs will be using. So Bosch, though, in its implementation, is pretty aggressive with the API. It says, hey, OpenStack, I need a VM, and then it consistently goes and says, are you done yet? Are you done yet? Are you done yet? And so OpenStack and the API gets overwhelmed, especially when we start talking about 60 VMs and we start scaling out. So in order to fix this problem or at least allow OpenStack to allow this communication, we had to update the rate limits that it has in place. So to do this, you can go into the NOVA configuration files, and you can edit and update them. So right now we've set them to 9,999, and so that seems to be enough to allow this scale version of OpenStack to be deployed. One of the other optimization bottlenecks that we have to perform has to do with Bosch itself. So as these Cloud Foundry VMs are coming up, there's an agent in the stem cell that Animesh had talked about. Now, this agent communicates using a bus inside a Bosch called NATS. Now, originally, NATS was only a single node could be deployed at a time, and this one node starts to be overwhelmed, especially when we start looking at 60 plus VMs that are all communicating through this one message bus. So in order to allow this communication and allow a little more lag, inside of the NATS configuration, we increase its timeout ping to 30, and that allows enough for this scale for every VM to be able to communicate. They just have to wait a little bit longer. And so actually now with the latest version of Cloud Foundry, version 169, they have the ability to cluster NATS and to scale it out a little better. So we'll try again with the new version, and hopefully we don't need this work around with the ping interval increase. All right, so we've looked at the bottlenecks. We've taken care of a couple of them, but now we need to start looking at a little more some performance during the deployment time. So there's an issue we found with the implementation for Nova Network and the way that it implements the security groups. So a security group in OpenStack allows what VMs to communicate with each other, what ports are allowed to be accessed. And so there's a couple of ways you can set these up. The first is by the source address. So you can set up a network saying anything in this network is allowed to come in and access these ports. Now there's an alternative to this. Instead of allowing a network or an IP range, what you can do is actually specify any other VM in this current security group can access another VM in the same security group. Now the implementation for this basically has to go every time you add a new VM to a security group, has to go to all the other VMs in the database. It's put messages on the bus and says, okay, this VM is now allowed to talk to all the rest of them. And so you can see this is a problem as we start scaling out, because for that 60th VM, it has to go to the 59 other ones and update it to allow access to that one VM we just added. And we add the 61st, 62nd, it starts to become more and more of a problem. So we were seeing deploy times for the VM increased by two to three minutes, just based on these security roles. So instead of using these name-based security groups for the source, it's much better to use the IP-based security roles. And the other thing related to scheduling and how do you distribute your Cloud Foundry VMs, you want to make sure that you're using a OpenStack scheduler that evenly distributes VM load. So when Bosch comes to OpenStack and says, hey, I need 60 VMs, if you have a scheduler that fills up one compute node, moves on, fills up another one, you're going to be deploying maybe 20 VMs on one compute node, 20 VMs on another, and you're not really using the full infrastructure that you may have. Maybe you have 15 compute nodes, but you're going to have a lot of empty ones if you're not using a distributed scheduler. So the default scheduler, luckily, has that capability to distribute the load. So as long as you don't customize or OpenStack for those different types of schedulers where it's going to co-locate all of your VMs, you're going to be okay. All right. Now let's start looking at the security. So the guiding principle when you have a secure system is you want to make sure you're only opening security holes where they need to be. You don't want them to be bigger than they need to be. You want them to be as tight as possible. So the first, and when we were first doing some initial tests, we were guilty of this ourselves, but you want to make sure your credentials are as tight as possible. So instead of using the full OpenStack admin credentials to access and deploy VMs for Cloud Foundry, you want to use, you want to create a tenant and use that tenant credentials specifically for that purpose. Similarly, you want to not open up all the secure ports on all the VMs. It's not a good idea. Instead, what you want to do is to get the list from docs.cloudfoundry.org of all the ports that Cloud Foundry needs to operate, and then go in and create your security groups logically. You can actually see, I think on the website, even they have a list, a screenshot of how to configure OpenStack, essentially step-by-step, to set it up correctly. So it's not that not that much effort to do it the right way. Another point on security, you want to make sure that you have good network isolation. So you want to keep your Cloud Foundry VMs on a separate network than your OpenStack management, and you don't want to allow necessarily communication between the two. So there's no reason why the router component in Cloud Foundry needs to talk to the Cloud Controller of OpenStack. So why allow it to do that? So you want to keep them on separate networks and only pinhole security points when you need them. One good example of this is Bosch. In order for Bosch, which is deployed on Cloud Foundry, to communicate and get those VMs deployed for Cloud Foundry, you need to have pinholes opened up just for that reason. And then finally, you want to also keep the services that you're going to be using in Cloud Foundry separate as well. So you have your OpenStack management network, you have your Cloud Foundry core components on a separate network, and then finally you should have a third network for the services that you're going to be deploying. So for instance, if I'm going to have a DB2 instance that I'm going to expose through Cloud Foundry, I want to make sure that's on a separate services network, and then I pinhole access as needed for Cloud Foundry to communicate with that DB2 service. Great. So that's how we optimize our Cloud Foundry OpenStack environment. So we come back to the boss. And is the boss happy? Yeah? Well, you're going to have to join us at the Cloud Foundry Summit next month to find out. So for those of you who don't know, there's a Cloud Foundry Summit, similar to the OpenStack Summit. Everyone from Cloud Foundry goes to the summit in San Francisco. It's June 9th to the 11th, and a lot of great talks, a lot of great speaking. So if you're in the Bay Area and wanted to come by, feel free to. There's a registration discount code here on the right hand side. You get 50% off. Great. So with that, we have any questions in the audience? If you wouldn't mind, come up to the microphones and then we can hear you guys a little better. I'm not sure if this is a question. It's more of a statement. I assume you will be taking all the information that you learn optimizing Cloud Foundry for OpenStack and work that back into Cloud Foundry. Because I know we've had implementations of Cloud Foundry that, again, those timeout values are critical. Once you start doing anything with it, we've had problems just deploying Cloud Foundry because it hits that timeout and the whole thing has got to be redone from scratch. And it seems like you guys have actually solved a lot of these problems that are not, it's not an OpenStack problem. It's a Cloud Foundry problem. Right. Definitely. I know just finding the timeouts and how to change them was one of our main problems. So contributing back, at least in documentation, for how do you change these timeout values? Because you don't want them larger than you necessarily need for a small deployment. But when you start looking at scale, nobody's really documented what needs to be changed for it to work. So definitely contributing back through documentation and where it makes sense, especially with NATS, they've implemented the clustered NATS. So now hopefully that's less of an issue even in a configuration level. That's good. Could you make sure is Micazon as well, please? And I would like to add to his comment as well. I mean, we do a video blog of our Cloud Lab site and where we post a lot of these materials as we are finding out. So we'll definitely make a note of it. Make sure that it's in the slide, which we send out. And we actually have some sort of documentation which is then contributed back to the Cloud Foundry community. And part of our larger organization, they are committers to the Cloud Foundry project. We are committed to improving OpenStack as well as Cloud Foundry. So we've got dedicated resources to do that. So we'll take that back as a request. Thanks. Can you talk more about your NOVA scheduler? Are you using an anti-affinity filter for scheduler? Right. So right now we're just using the default scheduler. We haven't had a need or a reason to change it, really. So you've been finding that it distributes the DEAs well? Right. Yeah. So I mean, as far as Bosch is concerned, because Bosch is really requesting the VMs. So its job should really be to know where the VMs are being located and therefore distribute the DEAs, for instance, a little more. So it's actually Bosch that's handling it. Right. So that's a gap currently in Bosch. But that's something that's also being looked at. Great. Any other questions? All right. Well, thank you, everyone. Thanks for joining. Appreciate you guys joining. Thanks.


The following is a presentation of TFNN The Trader's Edge with Steve Rhodes Toll free at 1-877-927-6648 or internationally at<PHONE_NUMBER> The Trader's Edge now Steve Rhodes Good day folks welcome to the August 5th the fantastic Friday edition of today's Trader's Edge show I'm your host Stevie Perseverance Rhodes who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past hope everyone out there's having a great day hey let's make sure we have an extraordinary one and the easiest way to do that well it's always remember that life is happening for us not to us that's right we do now make that one little two-by-four shift well means we can find the gift and every set of circumstance that life is gonna toss at us now today you and I we're gonna go check on the circumstance of these markets we'll go figure out those bulls and bears what those buyers and sellers are communicating to you and I it just passed well it just passed eight o'clock in the morning so if you are listening at the normal time slot we'll try to make today's show as pertinent as we can absolutely but if you are listening live we would love to hear from you so you can give us call at<PHONE_NUMBER> and if you can't call in you can always send me an email send it early send it to Steve at tfn.com and if you be kind enough to put radio show question in that subject and that would be great of course inside our Tigers then well any and every ping will do so let's go ahead and get this show started on fantastic Friday of course this is Tiger financial news network I've Steve Rhodes welcome to the show right now you got US equity futures for the most part traded higher point and higher the Dow is up 67 NASDAQ is flat the ESMini is up four points Russell's up two over an age last night it was a sea of green you had the Shanghai that finished up 39 points a little over 1% nine tenths for the Nikkei 243 points about 1% went one tenth of a percent for the Hank sang 27 points over in Australia it's in to see the S&P 200 finished higher by about a half a percent over in Europe you've got a mixed bag footsies trading off by six points that's flat in the tax is up eight points that too is flat goals of three bucks Silver's down three cents Platinum is up 14 pennies ladies up 19 Copper futures are up seven cents out there likes we crude is back 26 pennies traded 88 27 doesn't look like you want slower price natural gas back 12 cents she's printing out at $8 almost even Steven 30 Treasury 14 ticks 14308 so what's all that stuff mean out there well let's go take a look at the first of all international markets well it is jobs Friday so what do we expect if there's going to be fireworks and there can't be fireworks after the jobs report first that Friday of every month is released and that is at 830 so be live will be able to take a look at what's going on I'll try to make sure I have as many at church closed down as we can in case there's a lot of activity out there but we'll see what kind of impact of course we want to do here is look for any kind of early tells as to how the market may respond so we just take a look what went on overseas that's a change screens out there I see I didn't do a very good job of that we move over here we'll look at this white background screen so if you take a look at the Shanghai what it mean that the Shanghai closed up 39 points a little over 1% well there's an A to B equal CD pattern to the downside it has not completed even though it did generate a bullish hammer candle yesterday follow through today at this stage here it looks like what price is going to go do is target that 3397 level that's it's also there are chains on it look at the hang saying it also has an A to B equal CD to the downside prices tested or tested that they're red oscillator and chains line so as long as price remains below it and it's just slightly below that right now the A to B equal CD pattern to the downside should continue the decay closed above TD 9 count break out a breakdown resistance at 28 044 it's got one more area left that it needs to tackle and that's its TD 9 count top from June the night that means a close of about 28 389 75 for the decade what suggested it wants lower price in the case of the DAX it has an A to B equal CD pattern is underway has not completed it the one-to-one takes us up to about the 14 020 ish area out there did get a bearish shooting start candle yesterday but that's just kind of interesting it doesn't complete a pattern now the footsie chart here straight out of 74 39 and my data feed is not updating for the footsie nor is it for the US dollar index out there but what we can see is that the footsie negated a TD 9 count pattern it did that yesterday and so that's suggesting that price wants to make move for its breakdown level at 76 17 the US dollar index has got a nice roadsman to mitigate her top prices testing or holding the bottom of its daily profile the euro which formed a roadsman to mitigate her bottom has just been trading sideways so not a lot not a lot of information there and you've got the Japanese yen did complete a TD 9 count bottom that suggests to run for its a oscillator and change line 135 13 so that's what's going on overseas that's what its activity from last light from last evening meant now let's go take a look at what a what what what's going on with regard to today's futures for the US markets out here so to do that let's switch over to a couple of our charts out here let's go to this one which was shows the daily time frame for the ES the NQ the YM and the Russell 2000 so do we know we know that that there's a potential first of all there's an A to B equal CD pattern that is underway any bearish reversal candle today would be an easy day to do that for the yes many yesterday was a doji candle so all it has to do basically is close lower on the day we'll get a bearish engulfing candle that would then confirm a sell the D point if we do get that I don't know if we will or we won't if we do get that then that would suggest that price would pull back to 40 66 at least that would be the first target out there in the case the NQ it is actually made a higher height today we have not taken out yesterday's high inside the yes many we've not done that inside the Dow and we have not done that inside the Russell but we have inside the NQ what that does is that triggers bar number eight or potentially triggers bar number eight of a teeny nine count and over today's bar to complete is bar number eight price must close above bar number four is close bar numbers four close was 12 980 and a quarter now a teeny nine count has to complete bar number nine that says on Monday that the NQ would need to close above bar number five that close is 12 920 and a quarter if either those don't happen this up pattern will go away and what will remain is just simply the A to B equal CD pattern that requires a bearish reversal candle to confirm a top short of that price should continue to move higher in the case of the Russell 2000 we can see that prices made its way up to a natural area of resistance where price had broken down recently now is at the nineteen nineteen level it also has the A to B equal CD pattern it was a doji candle that formed yesterday pretty easy for it to generate a bearish reversal candle today if it doesn't then it makes a higher high then it brings in the TD nine count so that's what's going on on the daily time frame let's go take a look at what's going on on the 30-minute time frame and we can switch over and take a look at what I'll tell you what we'll do is let's go look at the 30-minute charts out here that's probably going to take us into break so as you look at the 30-minute charts in the ES many that's the upper left hand side what you will see is a TD nine count bottom that formed in a what 8 o'clock 7 o'clock 7 30 it was at 7 o'clock this morning the bar following bar number nine now prices above its green oscillator and change line so price should take on and it is taking on the resistance area of its 30-minute profile and that's a bearish structure resistance area and that has resistance in the levels of 41 59 to 4 41 51 to 40 I take that back 41 59 to 41 60 this is called 41 61 and the price you get above that then what price should do is go target its breakdown level that breakdown level be 41 63 and a quarter what price really needs to do you'll see a number of different accounts fact that let me just simply open up and expand the chart out here so if you look at the ES many you've got resistance right here right here is seven o'clock in the morning and that was on august 4th that was yesterday TD nine count Roadsman Dominicator top then you get another TD nine count pattern that forms out here at the top that was at 2300 hours that was last night price needs to take both of those out to suggest that we're going to run to higher highs out there otherwise you've got a couple topping signals in place for the 30-minute ES C roads with tfn would be back in just a few booming inflation the purchasing powers eroded there's no better place to protect your harder and money than in gold this the gold's flagship asset is the Monk Todd gold project in the northern territory of Australia this is Australia's largest undeveloped gold project we are talking a world-class gold project in a tail one mining district this is a large-scale low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction this the gold just completed the Mount Todd feasibility study which resulted in a 7 million ounce gold reserve in a 16 year mine life all of this combined with the approvals of all major operational as well as environmental permits this the Singlish is Mount Todd is an attractive dearest pot ready development stage gold project this the gold trades on the New York Stock Exchange under the symbol VGZ 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 markets 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 TFNN has been your trusted source of analysis for bonds metals stocks commodities and options for years and we are happy to announce that we are bringing that same caliber of analysis for the forex market Teddy Keckstat has 30 plus years of experience in forex trading commodity risk management forex hedging volatility and so much more Teddy releases his weekly tiger forex report every Monday morning with elite coverage of all major currency pairs including the DXY Euro dollar pound dollar Aussie dollar dollar yen dollars Swiss franc and so much more Teddy will recommend specific trades when the market presents them and provide updates throughout the week when warranted for the month of July inaugural members to the tiger forex report will receive 25% off the monthly subscription for as long as they're subscribed just use promo code 10E25 to lock in the added savings this offer is good only for the month of July so do not miss your opportunity to save on the tiger forex report TFNN Educating Investors now toll free at 1-877-927-6648 internationally at<PHONE_NUMBER> back up folks there's going to be a scheduling change it's effective on Monday Larry Pesvedo and I are going to swap shows Larry's going to do the one to two I'll switch into the 11 to 12 show out there so that's the effective Monday morning out there so obviously turn into both let's go to a couple questions that have come in before we get that jobs date out there that could create some fireworks so let's go to the first question that came in this was inside the tiger stem this was from Jack F and Jack wanted to take a look at EOG I believe Jack is looking for an entry points into it so let's take a look at the chart patterns out here so when we take a look at the daily time frame what this did generate was a nice uh road's momentum indicator bottom it did and it was a TD 9 count bottom as well so the TD 9 count bottom took effect on July 14 the road's momentum uh signal confirmed on July the 15th now what we have out here is a price was able to get above its barest structured daily profile you see that Jack out there it was above that for more than two sessions quite frankly it was for about four or five sessions if it was just a countertrend move to the downside then EOG should have found support where it did not yesterday but the day before at the center of that barest structured profile at the 102 51 level yesterday's price closed below that and below its offset and change line suggests to run at support so what that really means or what you're looking here then what you're looking at as a potential entry point for EOG is really that swing point low that was what July 14th I believe was uh July yeah July 14th now I'm going to just go take a look at my other charts out here just easier for me to look at the volume 5.58 million shares Jack on that day so as price pulls back yes it was 5.7 million shares you want to see price at least tag 95.66 that's the top of that candle close back above it and do it with less than 5.5 million shares out there uh now price might get down to 93.64 that's the bottom of that profile but you still want to see it close back above that swing point to then generate a potential buy signal out here but you know what what that really sets up is maybe this is just a consolidation pattern so don't let uh you know don't don't get too far ahead of yourself out there that yesterday's yesterday should have held support it did not hold support well it did hold the key level support you were looking for so EOG likely headed back towards that 93.64 area as we take a look at the weekly time frame chart out here I don't have any kind of signal at the bottom I don't have that in the case of the monthly chart either out there so we'll just pay attention to the daily so Jack I hope that helps you out that's what I would be looking at that July 14 swing point on a further move lower let's go to the next question that came in this from John inside the tiger's den Joe wanted to take a look at the Dr. Copper so let's get those charts up on the screen and where we at here we go so you'll see our multi panel set of charts out there so in the case of copper for the monthly time frame you can see that nice bullish hammer candle that formed last month now not at any pattern completion or anything along those lines but it did tell you that copper was trying to form a at least buyers are trying to form a bottom out there on that monthly chart if we look at the weekly chart out here we do have we do have an a to b equal cd pattern that had that did complete and well let me see here that hammer candle low 327 that close 323 I take that back so we don't have a confirmed by the d-point we do have that we do have the we do have the a to b equal cd pattern so a to b looks like this here's a to b right down to that level we can see there was more than a one to one move out there and what we were looking for was the bullish reversal candle and there was that hammer candle but we did get a close blow at the following month so it does not have a confirmed by the d-point does not mean that price can't rally and the rally would take us up to the 375 level out there that's that red oscillator and change line you can see how price has been below that level so if there were to be a close above that john that would be a positive outcome out here as we look to the daily time frame charts for high-grade copper out there what do we see well the thing that we really see the most is a td-9 count top and then probably the daily chart out here john the one that's going to help you the most why because that td-9 count top has resistance at the price point to three dollars and three point five nine seven to be exact we're trading at three point five seven six if price closes above that td-9 count top that will then generate an a to b equal cd to the upside that will then also generate a target zone of four dollars and 46 cents that is the td-9 count breakdown level so whereas the monthly chart is kind of i don't know what the signal is here in the weekly chart is that don't see much of a signal there the daily if it takes out that td-9 count tells us that we had higher now that had higher where i would look at would be that red oscillator change on in the weekly time frame three dollars and 75 cents and just above that is the top of the profile at 380 so that becomes the resistance zone should price close above that td-9 count so hope that helps you out john or z inside the tiger's den if not please let me know what else i can assist with next question coming in from hector and patty coming in by email out here so let's read their question which is about google so let me get over to the charts here i think i've got that already up on our screen and read the question hey stevo happy fabulous early bird friday back at you my friend google on a weekly close above 120 43 confirms an a to b equal cd to the upside question mark no does not if we look at the weekly time frame chart for google out here we'll just simply expand this out what we don't have is uh so the retreat you know what i'll do is let's just switch charts here it's going to be easier for you to see uh because i can draw that pattern in so give me a moment we'll switch over to the weekly time frame chart here for google all right so we take a look at the weekly chart for google first of all the a point would be pretty clear for us that would be the low that we see on the charts out here that's low from the week that began may 23rd the b point would be the high that follows that's from the week that uh began july 4th and then the c point would be the lowest load that occurred after that that takes us back to last week when we take a look at that retracement out here that's an 86 percent retracement and once retracement skip below 0.782 really loses its luster as an a to b equal cd pattern even if this were to be hector it only gives you a one one price projection at 122.99 so no it's not an a to b equal cd pattern what it is though as we take a look at the weekly chart at least what sticks out to my eyes is a sideways consolidation pattern out here so google's just in a sideways consolidation that says you typically sell the top of the consolidation so that's going to be at that one 2065 area out here and you would buy the bottom of the consolidation and that's towards last week's a low in the 104 ish range out there now the daily time frame chart price is trading above the top of its barestructure daily profile so any countertrend move to the downside should find support at 112 86 if google is going to maintain any kind of a bullish ways out there so now let's go back to um now what this does have on a weekly basis it does have a buy the d-point pattern so it did form a nice bottom there and what that looked like so here's the a to b equal cd for that our a point is the high from january 31st our b point's going to be the low from february 21st the c point's going to be high this is the week that began march 28th now see that's only a 70% retracement out there so it qualifies with what we're looking at and then that was confirmed with this nice bullish hammer candle that was the week that began at may 23rd so you do have a confirm by the d-point pattern for the daily you've also got for the weekly you've also got it for the daily you can see that nice bullish hammer candle what uh that was the one that formed on may the 24th out there so hector and patty no a to b equal city of the upside from the weekly standpoint just a consolidation out there and you want to watch that 2065 level we get back from this breakout here we've got a caller on the line it's roberting kansas we're going to go take a look at the energy sector the xle zeroed to a tf and n we'll be right back 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 seven million ounce gold reserve vista gold has all major permits approved and has retained civc capital market assistance in evaluating alternatives and in completing an accretive transaction vista gold trades on the nyse american and tsx under the ticker symbol vgc vista gold executing a strategy to create shareholder value tf and n is excited about our new software charting program the art of timing the trade charts in collaboration with tom o'brien and using his best-selling book the art of timing the trade your ultimate trading mastery system david white has programmed an outstanding piece of software that will complement any trader's methodology using this first-of-its-kind program the art of timing the trade charts allows you to scan thousands of stocks for fibonacci formation setups including godly's abc's butterflies and much more the art of timing the trade charts is designed to help you when scouring the market for stocks just beginning to form the trading patterns that many investors spend days weeks or even months searching to find and right now we're offering licenses available at only $79 a month we are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money back guarantee don't miss out on this incredible new piece of software get your copy of the art of timing the trade charts today by visiting tf and n dot com 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 metal 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 every monday morning i published a gold report with coverage of gold silver bonds the xu hui gdx as well as more than 30 different mining equities to see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting tf and n dot com don't miss out on the next great gold trade sign up today tf and n has launched the tiger's den hosted at discord tf and n 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 is for just one dollar for the year there's no cash 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 tf and n dot com back folks you got the dow equity futures up 87 the nasdaq futures of 21 the s and p futures of seven it is 8 30 in the morning we are recording this show between eight and nine if you listen in live we're going to make it as pertinent as we can for your day so we do have the jobs report numbers that are just being released but let's go to our first caller that's robert in kansas city robert thanks for calling thanks for holding how are you this morning happy friday steve thanks for making my call sure my my pleasure i have a question about xle i hopefully you haven't covered it in your segment so far i have not so uh fire away okay i don't currently have a position in xle but i'm interested in it but i just needed some guidance on uh where do you think this is headed when you look at a a daily or a weekly chart was was the kind of all time top in back in uh you know a couple of months ago and i'm not looking at i'm not in my front of my computer so i don't know they can't date but are we sure kind of on the uh the c to the d leg down on a bigger abcd down or do you think this is a minor retracement and we're heading higher so great question looking at the daily and weekly chart okay we will look at the daily and weekly chart but the way i'm going to first answer your question is to look at the yearly chart something that we really do now and i would always pops up on my screen but i don't really focus too much time on it during the show unless it's really pertinent so the very first thing is we open up the yearly chart here for the xle robert what we should all notice is that price is trading above last year's high when you trade above last year's high for any instrument out there it tells you you're in a bullish market so not that that not that that couldn't have been a major top which was you know also into one of your questions but right now the xle is in a bullish mode and that's coming from the weekly chart and so i would first answer the question this is more likely just a counter trend move to the downside so any questions about the yearly chart before we go take in the dive down into monthly, weekly, daily and anything else so i typically don't i don't even know if i have a yearly chart faithful to me that's a big number do you do you have that can you kind of reach that same conclusion when you look at a the monthly chart as well um no so i first is trying to give you the larger the larger overview right because your question is this is this just a counter trend move to the downside or was it a major top out there so the first thing i want to put in perspective is at least from a weekly or from a yearly standpoint the xle is an all out bullish mode out there we don't have many instruments um that are trading above last year's highs robert so you know this is certainly a strong area and a reason why you would be taking a look at putting a a long position in so that's the first thing the second thing if we take a look at the monthly time frame chart it does have a td9 count top out there so you ask is a potential that uh that that was a significant top if price were to close below 5166 and i would say the interest that was likely yes out there we're trading at their close yesterday at 7166 so you have that td9 count top that took place in the month of june and uh and then price pulled back and tested and rejected that greenhouse that are in change on as long as price remains above that line that closed yesterday at 6848 it's still bullish out there now because that's the level of support what you look to is some type of bottoming signal for the lower time frames like weekly or monthly but before i go over i mean weekly or or daily before i move on to the weekly chart robert any questions about the monthly no no it was helpful actually i don't you actually i don't think you you can't see you said you don't see your computer so you probably can't see it so i probably shouldn't stop asking you that question but i'm gonna go back and listen to the archive and get my computer in front of me but i'm just not at a position where i can look at it right now sure sure sure no problem so the weekly time frame chart what's the weekly time frame chart communicating to us well there is a new weekly profile and what that does is that for first you've got a a roadspin to indicator top out there at price close through the first or below the first level of support that was a profile that informed the week that began june 17 but there is a new profile that is in place right now it is a bullish and structure if price were to close below 6826 on a weekly basis robert that would then be telling us that price is going to go retest its recent lows the lows from july 15th or could head back to 5426 but right now you've got the significant support at 68 in a quarter so if you were to ask me where is a likely buy point out here i would say that 6826 level would be an area to be looking on a daily time frame so the chart here closes up i can see there's a lot of activity going on on my screens so there we go so now in a daily time frame what did we get the xle the energy sector formed a td9 count topic did it on the day of july 29th price yesterday closed below the bottom of its bullish structure daily profile this suggests that price is going to go tag its breakout area at 6966 so the buy zone or the potentials buy zone out here would be between 6826 and 6966 and of course this price were to close below 6826 that probably says step back take a small loss and let's uh you know let's let's read let's let's relook at the charts out there so that's what i see when i take a look at the yearly monthly weekly and daily in summary the early chart says that this is in bullish breakout mode the monthly chart says even though you've got a td9 count top price held support the weekly chart says i've got a new level of support that is so far held at 6826 the daily says price might get back to the 6966 level not that it can't get below that but those are the current price targets out there robert does that seem to answer your question for you i still believe that this is just a countertrend move to the downside uh yeah so you you nailed it right there thank you so much and i don't know if you have questions lined up if you do you can you feel free to pass on this one or maybe you take it next week but nope you're on the phone you're on the phone fcx the uh the big minor yeah let's take a look at its chart so with regard to fcx uh there is going to really do two things that you want to do when you're when you are trading fcx you are trading the australian dollar the correlation we've done this many many times the correlation it's not exact it's just short of exact out there so yes you're trading the mining materials that it has but you really have to pay attention to get a good grip on what fcx is doing is to take a look at the australian dollar in other words this formed on a daily basis fcx formed a nice rogment to indicator bottom and td9 count it did it on july 14 very similar to the energy sector out there i think that we took a look at or some other instrument that that i looked at so july 14th had a nice bottom pattern in there i'm going to guess based on the way that we're looking at this is that the australian dollar probably bottom on that same day out here no what we had was a nice a to b equal cd pattern to the upside that still is not completed out here the price is just consolidating with inside its daily profile if you're looking for an entry point in fcx this is irrespective of us take a look at the australian dollar that answer would be between from a daily daily standpoint between 2745 and 2809 2809 is the bottom of its daily bullish structured profile so that's the likely target area as far as where fcx is trading in the pre-market right now i'll see if i can get over to that and type that in so again we're saying 2809 is one potential buy point fcx in the pre-market yeah that the the a30 jobs report has just got my system a little bit clouded here now what we have on a fcx on a weekly basis we've got a nice completed a to b will see the downside but i don't have a bearish or bullish reversal candle so i'd really like to see that in order to be able to call a bottom in the monthly chart for fcx uh... does not have a bottom pattern either in a suggesting that over time wants to head lower but you've got the nice bottom on the daily time frame and so from a trading standpoint and i still don't know where it's trading at the pre-market my apology robert it'd be between 27 2745 and 2809 does that answer and then the resistance what i'd be looking for is around the 32 33 33 level if price can overcome that then you would want to stay with that trade but that would be the the next resistance point up top if in fact it doesn't fire thanks steve i appreciate it you have a great friday you too thanks so much that was robert in uh... cancels we had a couple requests inside the uh... tigers den as well to take a look at some instruments let's go to those the first one from dan which was a o'reilly automotive o r l y so we're going to a break right now since we get back we'll take a look at where o'reilly automotive is looking to head and we'll look at uh... the gdxj for snp inside the tigers den seabroads with tfnm we'll be right back this coming wednesday august 10th basil chapman will be hosting an all-day live webinar from nine a.m. till two p.m. eastern time will he'll be presenting the technical tools based on the chapman wave methodology a full in-depth course on his entire trading system over the five hours of live education basil will discuss studying and practicing entry and exit points assessing where to add or subtract from positions utilizing simple technical tools for holding positions longer taking bear charts and adding notations tools and patterns as well as identifying free core formations that repeat in every time frame and much more when you sign up you get a chart booklet emailed to you immediately to start studying and you gain access to his daily newsletter the opening call a one hundred and forty nine dollar value the cost to attend is only two hundred and ninety five dollars and the full five hours will be archived don't miss this live special event wednesday august 10th with basil chapman for all the details and to get started today visit the front page of tfnn.com right now are china a shares hot or not if you trade china a shares now may be time to take a closer look trade chau or chad directions daily csi 300 china a share bull and bear etfs china a shares in either direction visit direction investments calm today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at eight six six four seven six seven five two three the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four side fund services llc sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at tfnn you'll get advice and guidance from the authority in technical market analysis and it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv live every market day from 8 30 a.m. to 4 p.m. eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts to help you make the right moves with your money watch online at tfnn.com or on tfnn's youtube channel and become the investor you were born to be tfnn educating investors this program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz folks so the first reaction to the job numbers out there you can see that equity futures have taken a leg to the downside down futures right now down 140 points nasdaq up 124 s and p off 29 we'll take a look what that means you've also had gold trade lower gold and silver gold down 15 bucks right now so off silver off 34 cents uh like to be crude is basically flat out there and the 30 year treasury off 1.17 ticks one that points the downside a trade out at 140 206 but let's go finish take a look at the requester and then we'll go take a look at the uh the multi-type frame charts for the equity futures contracts get a feel for what they are likely going to do out here so let's take a look at a riley automotive is for dan inside the tiger's den a rally automotive two days ago confirmed a sell the d-point pattern it did that when it generated that bearish and golfing candle it also was a wave number seven pattern out there at least by my counting and that brings up the fact that basal a chapman has a all-day workshop i believe between nine and two uh this coming wednesday the 10th so i do encourage everybody to go over to the homepage at tfn.com and sign up for great tools out there well worth the investment so that's that wave number seven top that we've got and uh now what price needs to do if there's going to be any kind of traction the downside dan is price must close below that green oscillator and changeline a green oscillator and changeline tells us we have a rising price oscillator above zero those are bullish conditions now wait a minute stevie you just said that there was a top i did so what we have is a neutral condition price is above the top of its daily profile above that oscillator and changeline and we have a top now price takes out that high that high by the way from two days ago for a rally automotive was and is uh 712 63 if price gets above that then price heads back to its most recent highs and we take a look at the weekly chart you can see that road's meant to be catered to from april and that could take you into the 748 level short of that if price does close black green oscillator and changeline dan then you're looking and move back to the 691 area that's the top of its daily profile that would be the first level of support weekly chart looks very positive out here no topping pattern that is in play and says it wants to head back to those recent highs the monthly chart also looks bullish uh yeah it just simply looks a bullish out there but it's a daily time frame chart to continue to watch so i hope that helps you out dan with regard to a wryly automotive snp inside our tiger's den you're it said uh you're targeting 678 678 well that'd be that bottom of that daily profile dan so um so we've got one step at a time you got 691 93 683 05 and then 674 17 would be your target levels to the deltzo but you really want to see that green daily that daily green oscillator and changeline fail otherwise it's a real suspect for a short trade out there so gdxj is another instrument this is from snp he wanted to take a look at that that's the junior miners out there i imagine they're getting hit just a tad with gold off 18 bucks right now let me see uh xj and it's just there's so much activity right now going through the system here my system that's just taking just a tad longer to um to get our to get the charts out here so we take a look at the gdxj right now it's trading the last trade fired up at 3351 one before that 3363 so uh you close at 3406 so no no major damage there what you'd want to watch here on the gdxj it does have a uh profile uh where both the bottom and take that back 3220 3220 is a key level of support if price were to close below that snp then you're taking a look at a run for 31 23 and really if it's going to do that i would say it's likely going to go tag it go tag the swing point from july 14th out there and that high is 30 19 and the volume out there was 12 million shares if it does that you're certainly want to see price moving back with less than 12 million shares out there but otherwise as long as support holds then what you should see is price make a run for the 3721 level that's a daily td9 count breakdown area but first you've got to get price and it didn't close above it yesterday that's the top of its profile i didn't mention that to you that was 3392 so you'd like to see a secondary close above that now on the weekly chart you can see how price ran into resistance and that was at that red oscillator and change line so closing above that this week would be a real positive that is 3428 if it doesn't it's suspect and says watch 3220 so that's what i see when i take a look at the gdxj charts out there so i do hope that helps you out and thanks so much for the request now let's go take a look at the multi time frame charts here for a couple of the equity future contracts let's go take a look at the start with the es mini so in the case of the es mini as you know we mentioned here on a daily time frame what we're looking for there's an a to b equals cd pattern now if this were session close then we would have a confirmed sell the d-point why because you would have a three river evening star pattern formation unfortunately at 847 the morning it's too early to call what the end of day looks like but if we do get a bearish reversal candle at the end of the day for the es mini that is they're going to suggest a retracement back to 4059 that is its green oscillator and change line if price holds that level then that would be the next buy point for going along the s and p 500 and es mini if that level fails then the next area to take a look at would be as price gets back to 4030 4030 is the top of the daily profile if price close below 4030 then we're looking for a run of 39 36 or 39 60 if you look at that 30 minute chart out there you can see the jobs report came out about 18 minutes ago you can see a nice wide range of bar to the downside so now we've got to say well where are things headed to well if we look at the 60 minute time frame chart which had a nice roadsman to indicator top price is now below its support level the bottom of the bottom of that task profile and that was at 41 48 that suggests that it wants to go target 4092 or trade at 41 10 the 120 minute time frame chart also has a roadsman to indicator in 189 count top price below support it's suggesting 4092 50 so we got two uh for 4092 50 the four-hour time frame chart says yeah maybe that's where I want to go but really maybe I want to at least spike down to 4084 50 and that is the bottom of its breakout that is its breakout td9 count breakout level which is the same for the five-hour time frame chart so this is pretty cool we got this wide-ranging bar moving down we're trying to understand where is a level of support we've got the 4092 50 level and if that area fails we've got 4084 50 and if that area fails we have trouble in river city but really that trouble in river city would say price to just go target that daily green oscillator change length of 40 59 area so we know where price is likely headed to and you'll be able to know whether it did at 149 in the afternoon or not by looking at some interday charts here for the ES mini let's go see what the NQ charts are signaling to you and I so let's pull those up and the NQ charts are telling us what well same kind of situation we take a look at the 30 minute bar out there and so where is price headed to well on a 30 minute basis 12 989 50 could be a number the daily timeframe by the way the green oscillator and change line is really right at the center of its barest structured daily profile and so price does get back below the top of the profile which is 1310875 a move down to 12 79773 would be in order now we look at the 60 minute time frame chart out here its breakout area is a 12892 if we look at the 120 minute time frame chart it's got a nice td9 count top roads meant to mitigate her top as long as price remains below<PHONE_NUMBER> becomes its number on the four hour time frame chart what do we have not much but prices below its profiles this suggests 12820 and on the five hour time frame chart there we've got wave number seven that's letter g out there prices below profile well I take that back it's above profiles profiles are well below price out there it's a 12867 so where's the end queue headed to first level support is the top of that daily profile that's the first area to be watching that's 131310875 watch 1310875 you get below that then we're likely headed to 12797 here steep roads with tfnn you're right 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 metal 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 every monday morning i published a gold report with coverage of gold silver bonds the xau hui gdx as well as more than 30 different mining equities to see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting tfnn.com don't miss out on the next great gold trade sign up today everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the Fibonacci 24 7 newsletter at tfnn.com when you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis after all he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking expect notifications from Larry on market movement you need to act on at any time first time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up subscribe to the Fibonacci 24 7 newsletter today tfnn.com educating investors 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 markets 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 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 back up folks we are recording today's show it's 8.54 in the morning recorded early listen at one o'clock thanks much for doing that again on monday we're making a programming change Larry Pesvento is going to slide over to the one to two slot that's a slot that the Trader Z show has been using and i'll go ahead and take the morning slot between 11 and noon so be flipping that and that is effective on monday so you got the initial reaction so far from the jobs numbers you got all us equity futures trading the downside we're going to watch that days in for any kind of bearish reversal candles those would confirm sell the depoint patterns and suggest a further move back get down futures right now down to 15 s and b off 43 nasdaq down 186 gold is taking a move as a silver to the downside gold's off 20 bucks silver down 48 pennies those are the charts we're going to go move over to right now to take a look at where price may be headed there so we'll get to our multi time frame charts for the uh gold contract what we'll see is that price is first hit its first level of potential support and that was at 1785 10 1785 10 is the 60 minute td9 count breakout level if we see price move below 1785 10 then its message will be and i'll give you these numbers 1776 70 1779 40 1768 40 and 1770 that would be the target range now if we look at the daily time frame chart i'll just simply expand this chart out what the daily time frame did yesterday was it negated a td9 count top indicating that it wanted to rally further not i don't know what the end of day is going to look like for goldilocks but if this were the end of the day yesterday was a negation of a td9 count top suggesting higher price and today would be a dark cloud cover candle giving us a sell the d-point pattern and that would suggest price pulling back to the 1754 1758 1773 area but again it is early in the trading session and that first level of support 1785 10 is what's being tested now that's just a level of support i don't have any kind of bottoming pattern or signal whether it's for a 30 minute time frame now there's a big a to b equal cd to the downside pattern but that's such a wide-ranging bar the chances of getting a bullish reversal candle off of that in the uh pursuing half hour is uh very unlikely out there so folks thanks so much for joining us i'll look forward to seeing you on monday at 11 o'clock with the uh programming changes and stay tuned right now you got tomyo bryan up next with the morning market kickoff and you're listening at one it's your favorite polar bear david quite have a fantastic weekend and i'll see you on monday take care folks 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 basal chapman creator of the trading methodology known as the chapman wave the chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by basal chapman in your inbox every day first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors the reality is that navigating financial


Hey everybody what's going on? I am Greg Sussman joined today by Tom Vecchio, a fan duo who is here to break down the top NBA plays of the day. What's going on Tom? I'm doing good. A big 11 games on tonight's NBA slate leading in a conference championship weekend for the NFL. It's a good time. It is. It begins a fun weekend of action. 11 games tonight like you mentioned. So let's jump into it. We begin in Houston where Victor Ola depot is starting for his new team. He's priced at $8,500. And as he looks to get back to full health for the first time in several years on this new team, Ola depot has proven to be a valuable commodity for DFS players. Absolutely. And I think that his value is going to continue to rise at least in the short term simply for the fact that Houston doesn't really have anyone else on offense. John Wall is out Christian Wood who's having an amazing season went down the other day and it really leaves Ola depot as the number one option by far in Houston.  And these were games where Christian Wood was playing. I know we got hurt the end of last game, but he only missed a handful of minutes. He still played his normal 33 minutes. So if Ola depot is taking 23 and 22 field go attempts in a normal game now with everyone else out, I would say that is his floor going up against Detroit. This is not a matchup we should be afraid of $8,500. I think he could be a little bit more expensive and we should be looking at another 30 plus minutes and 45 plus finger points from Ola depot tonight. There's just no one else there in Houston with all the injuries and all the hoopla that has surrounded the rockets this year. Ola depot healthy and buying himself a good combination here tonight, getting him priced at under $9,000. Makes him someone that I'm definitely looking to build around here as I make my fans will line up this evening. Oh, next for the pistons, you like Jeremy Grant. Grant is priced at $8,400 for Detroit. Obviously a high price, citing this off season. Jeremy Grant does a little bit of everything, which makes him valuable in DFS. Exactly, and that translates to his 1.28 fan deal points per minute. Really, one of the best signings of the off season, I think, coming with a 23.8% usage rate. I want to say the star of the pistons, Blake Griffin doesn't appear to be fully healthy. We know they're dealing with some injuries to some of their younger players and Grant is really that guy for them playing 33 minutes.  We're seeing him push towards a double, double on most nights, and this match against Houston is one that we can attack. So within this game, there are two very fairly priced players that both are doing more than I think their salary should be. So I like Grant. I like Oladipo and 45 plus points from both of them. I think it's firmly on the table. I know it's weird to say that Jeremy Grant, a star, but that's what he is for this Detroit Pistons team. They gave him a lot of money to believe in him. Blake Griffin, certainly not what he once was. I'm sure a German traded away last year. This team relies on Jeremy Grant. And I think as a DFS player, we can as well. He's $8,400 tonight approaching the double, double on a nightly basis. It makes him well worth putting in our lineups this evening. One last player to get to here tonight. And he's actually the highest over these three players that we're speaking about today. And that's Clint Capella, the center for the Atlanta Hawks. He's priced at $9,200 here on Fandle. And listen, that's a lot of money to pay for Clint Capella. But as of late, he's been worth it. Yes, center is really interesting tonight. We have Yoakage, we have Capella, we have Vuchovic on the slate, Drummond is on the slate, all these great options.  And that's not what we want to be chasing. Actually, we just want to be simply looking at this matchup. Going up against the Minnesota Timberwolves, we're relying 60.41 Fandle points per game proposing centers that is dead last in the lead. We know they are without quarantine towns. We just saw Vuchovic go up against them post 53 Fandle points the other night. So we're looking at a solid 223 point over under these teams are 7th and 11th when it comes to base for 7th for Minnesota 11th for Atlanta. And Capella is always a guy that can go for double double. So we're taking a match up against Minnesota, which is super soft. We're taking a new potential that he's not going to be as highly rostered as the other centers on the slate. And another player that's going to post 40 plus Fandle points. At center night, there are quite a few options, really high priced options with trying to find the right one It's taking advantage of this massive Capella at $9200 could be that guy for us tonight. That's going to do it here on the Fandle hurry up time. We appreciate the time. Good luck tonight. Same to you. Have a good weekend. Thank you very much. Enjoy the conference championships. Enjoy all the NBA action. And we'll be back here on Monday for another edition of the Fandle hurry up.


What's good Josh your boy Ross back out again with another video and I Got some bad news for you guys so you guys know on the main channel we check out the best moves of every month and Today I was originally gonna check out the best moves of AEW for the month of May on this channel and He actually dropped the video the the youtuber he dropped the video I want to say last night, so I'm gonna check it out today for you guys and I go to see where the video is at. I couldn't find it. I go to find his channel His channel have been terminated again This is his third channel and it seems like every time He posts AEW content his channel gets strikes and then his channel gets terminated and it sucks because At one point he had over 300,000 subs when we first started checking out best moves of each month. This was before AEW was a a thing on television Those were some of just like the best videos for our channel because he literally would sit there and watch or Get all the footage from every pay-per-view every NXT special NXT show UK NXT show like he literally Has to go through all that find the best moments and put it in a compilation Like compile them all together and that takes time and it just sucks that Ever since he started doing AEW videos AEW compilations best moves. They all his channel just started getting striked and then Now his channel is gone again. So to be honest with you I don't know if we're gonna have any more Best moves unless there's another channel out there that's doing best moves I don't know if we're going to have another best moves I'm just I'm gonna just keep it a buck with you guys and it sucks and I would think AEW would be all for Content creators getting their videos out there or getting their content out there not to like Stream and you know I'm saying like steel content, but more so just post the highlights and stuff like that I know they have their own official YouTube channel, but people People sometimes just likes to see see stuff quickly without searching for it or you know saying out going through the actual source itself Because it's I'm biased so they'll show the good and the bad and I feel like AEW you would think they would be about that and More for content creators pushing their brand so it can get seen by more people, but That's not the case man. So I don't know if we're gonna have any more best moves Just be honest with you. So it's kind of sucks, but we're gonna check out WWE best chair shot compilation part two It sucks that his channel was taken down But hopefully he can start up a new channel and you know saying we can continue to get that great content from him Man, because I know you guys enjoy the best moves I enjoy watching it and it just sucks that that's happening to them. Luckily this channel Baron Clash and they seem to be good for now I think they They really only post WWE content because I'm sure if they tried to post any AEW content They would probably get striked. So we're gonna check this out man The first part was intense. I'm sure this part is going to be just as intense man Appreciate all the love and support road to 20k. You know what it is. Let's check out these chair shots bear And we can't check out the chair shots because guys guys look at this My headphones.  I'm sorry guys. I'm not cutting that out I'm leaving that in that's how upsetting that was for a come on a W.  It's just not cool man. Come on. You got to do better.   No booger tea Oh bro, I Want you to understand That's a real chair. You cannot fake that he literally Took a chair got blasted in the face. No homo To oblivion that is insane. Oh my god.  He ain't taking I gave it to me. I Missed their commentary their commentary They're the duo commentary they had was great, bro Oh, oh, yeah, it was wrapped in barbed wire. This was a pretty good match. This wasn't pretty good match Batista was the next guy up at that point He sells getting hit with the chair so comic he just bought current angle always getting hit He always hitting himself with his own chair Oh My bro, and he ate it It's just the shot and then you got JR selling it on commentary If you shop on Amazon, you should use wikibuy. It's like a gunshot automatically compares Amazon's prices goodness Okay, Trish Showing the goods a little bit Tell me bro the steel chair is just such a deadly weapon It's like having a loaded gun look at this I hope they have the clip where Maven eliminates the undertaker and he hits maven with the Bastiest chair shot that pretty much took Maven out the Royal Rumble I hope they have that clip in because the undertaker's sold that he was being mad he beat him up and He I believe he hit him with the most vicious chair shot. I hope they have that clip in here. Oh Riffler just drenched in blood Oh Great sounds it's so great. Oh my god. Geez. Oh my god This is it, this is this is the clip. Yes, they do have it in here. Oh my god I'm so feel so bad for Maven. He was just doing what he's supposed to do Eliminate the undertaker and this is what he gets with his troubles Yep betrayal. Yep camera died back out again. Let's get into it One more there we go That chair shot We all know Dubb is not a big fan of Brock Lesney, I know for a fact if he saw this clip He would be just overwhelmed with joy. Look at the chair. Oh my god That was a nice exchange. I like that Man This was a good match Man, Jeff Hardy versus Sierra punk. They had a pretty good few. I didn't see that I don't know how he didn't see that coming bro. Oh Look at the chair that is oh Mankind was taking so much brutal here of chair shots. Oh, man this this compilation Insane bro in bugging saying I Want you guys to understand once again those chair shots were brutal and I'm so glad WWE does not Condone chair shots to the head is very very very rare that you'll see it Because it's just a dangerous game when it comes to concussions And I'm pretty sure 90% of them clips Someone got a concussion when it came to receiving a chair shot, but hope you guys enjoyed this video, man I enjoyed recording it for you guys and checking it out man camera is once again about to die I need to get another another battery for the camera, but Comment down below. What was the vicious the most vicious chair shot you saw in this video me personally?  I appreciate y'all kicking with me. I see y'all next one. Peace


Exactly. And what did Todd send us? Well, here we go. I remember a long ways back that a listener asked about a way to import photos into the Photos app on the Mac and keeping the Finder folder structure in Photos Albums slash Folders. Back to Gary Rosenweig. Rosen's wig. Rosen's wig? Yeah, at MacMost. We just talked about him a couple episodes ago. Yeah, he does great work over there. Okay. But we'll link to it. Yes. In the show notes. There's a video that shows you the surprisingly robust Photos import feature. So. Nice. That's great. So, yeah, I guess it just got, it now is part of the Photos app to be able to do that. That's great. Yeah, yeah, yeah. Cool. Thank you, Todd. I love these quick tips. It's great.