Sign up today. The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes and<PHONE_NUMBER> or internationally at<PHONE_NUMBER>. The Trader's Edge. Now, Steve Rhodes. Good afternoon, folks. Welcome to the Fantastic Friday. The May Day, the May 1 edition of today's Trader's Edge show. It's absolutely great to be with you, folks. Hope you're having a great day. And if you're not, well, why not? It's easy to. The easy formula is always to know that life is happening for us. Not to us. You know what that means? It just means we have to reframe things out there. We've just got to learn to reframe things. So life is happening for us. Now, look, it's absolutely great to be with you here. I don't just change up the opening here. But we've got a lot to get to with these markets. They're all trading lower and lots of information to be able to pass on to you. But I want you to know that, and I am grateful for your presence here. Absolutely. But more important than that, during this next 60 minutes, I'm here to serve you. So feel free to pick up that phone. You can dial on in at<PHONE_NUMBER>. If you can't dial in, well, we've got you covered there. Do it early, which is let those fingers do the walking. Send me an email, Steve, at TFNN.com. Inside the subject heading, please put radio show question in our Tiger's Den. Well, any ping will do. So let's go ahead and get this show started on fabulous, fantastic Friday. Of course, this is Tiger, Financial News Network. I'm Steve Rhodes. Welcome to Lush Show. We begin the show with all the markets trading to the downside, a couple percent or more. You've got the semis that are off nearly 5% down 82 points. The Dow is off 2.3% percent, 576 points. The S&P 80, the Nasdaq 100, 273. Of course, all the key is what is it trading into? Or is it trading into anything just yet? We're going to go take a look at that. We'll take a look at the spot volatility index up 13%. $4.49 trading at 38.64. Still below its 50-day exponential moving average. Gold is up 9 bucks. Silver is up 4 pennies. Light's recruit is trading up 76 cents. Trade out at 1960, natural gas back 4 cents. And Treasury bonds basically flat the 30 years down 4 ticks. Lead the charge dollar-wise to the upside Mercado Libre of 15 bucks. Seattle genetics up 11 or 8%. Charter communications 10 bucks, 2%. To the downside, Amazon up 188 bucks. That's over 7%. Tesla down 68, over 8%. Booking holdings about 3%, 43 bucks to the downside. Google is off 30 bucks. So let's begin by taking a look at the general markets out here. I'll go ahead and start with the 30-minute. Peter had asked for that. John was also noticing that the 30-minute has a TD sequential buy, I believe, or maybe just the pattern out there, maybe not a confirmation. But we can also look at out here on the 30-minute timeframe. We can see the price is pushing lower, doing a less relative energy. Now that last bodied candle, 1 o'clock, you can see very, very small body out there. So it doesn't take much to generate a bullish reversal candle by 1 to 30. Of course, you need to see a couple of ticks to the upside. But what's really going to be key out here, Peter and everybody else, isn't the 30-minute profile right now. It's going to be Stevie's red line. Price must first clear that before the profiles will come into play. So you need to see a bullish reversal candle. And this would just be for some type of interday counter-trend rally. Then it closed above 28, 24 right now. That number is going to change a bit, but that's your basic ballpark. And then that gives you a potential setup or a run to 28, 35, the bottom of that bullish-structured profile. Now, what we all know is that there's a counter-trend rally, and it's going to stop when you've broken through a bullish-structured profile. Remember, it doesn't matter what timeframe it is that we use out here. The counter-trend rally would typically stop around the center of that profile. So your range is going to be 28, 35 to 28, 38. Should there be any bounce right now? That's what's taking place. But this is the pattern that is set up inside of the ESMini. So we'll want to keep an eye on that. Hopefully that helps you out, Peter. Let's take a look at the NQ because this is an area that we do want to focus in on. If we take a look at its 30-minute timeframe as well, we're going to see the price also pushing lower, doing it so with less relative energy out there. It too needs to generate some type of bullish reversal candle. And in its case here, 87.30 will call it probably as the Stevie's red line area on any kind of move up. That's where the NQ would need to close above to then suggest a bounce to 87.72, the bottom of its new profile. So that profile, that would be the level of resistance that I would be looking for. No confirmation at this stage of the game at 111 that any kind of counter-trend or intraday rally session is going to unfold at this stage. But the patterns are set up there. The question is, what can the bulls do from a candle standpoint as we come into the 130 timeframe? Well, obviously I have to take a look at that on a, well, I have to take a look at coming into the 2 p.m. But let's take a look, though. Why did I say the NQ was one of the areas that we need to take a look at? The reason that I said that is because what we're trying to determine today is we take a look at the NQ. Let me open up the daily timeframe chart. What you're going to see when you take a look at this chart out here is you are not going to see any type of topping signal. You can see that yesterday price made the 1 to 1.272A to B equals CD pattern. We can also see that Stevie's green line or red line, but it's green right now, is the level that the NQ is testing. It's basically about 87.05, I think. We're trading at 87.04, 75. We're trading at 87.04 or 87.05 right now. You can see it if you watch this on Tiger TV. Now, one of the reasons that I developed this tool, I don't know if you've ever had this situation, but I just wasn't able to easily determine was a retracement, just a retracement and nothing more than that, or was it something more than that? And that's really what this oscillator and change line, it does a number of things. But that's one of the aspects about it and how we use it. Now, even if price trades below at a bit during the day, that doesn't matter. It's a daily timeframe chart. It's all going to be about the close. It's just like the candle session. It's all about the close. We can call something a candle right now at 1.13 in the afternoon, bullish bearish, whatever it might be, but it doesn't really matter until the last tick trades out there. So we want to watch this. What the NQ is doing, it's trading back to a potential level of sort. Because I don't know if it's going to hold or not, but that's the reason to go take a look at the shorter-term timeframe, such as that 30-minute, to say, hey, are you trying to form some type of bottom? Now, whether it's now, whether it's at 1.32, 2.30, we'll be telling. Now, if the NQ closes below this level, of course, you know, Stevie's two-day rule out there, but we'll just stick with the one day at this stage. So price right now, no topping pattern that has formed out here because of my strict criteria. That strict type criteria came from not just me wanting to pull something out of my arse, it came from protecting my assets. And I'm here to help you protect your assets as well because I used to sell every D-point, or buy every D-point that was moving lower.  So what we know about the NQ right now, which is the lead dog, this can help to lead things down, a close below Stevie's green line, certainly two days in a row, we'll go ahead and set up and move to 75, 35. However, however, Lee Corso is in the house right now and he's saying not so fast, Stevo. Why would Lee Corso say not so fast, Stevo? Jay will appreciate this. And that is because, isn't it great, I just get to sit here and talk to myself. He is, well, we'll have to do this when we get back to the break. I'm going to have to leave you with baited breath, but I gave you a clue. I said Jay in a Tiger's Den, I don't know if he's in the Tiger's Den or not, but he will love this next chart or set of charts that we look at. Steve Rhodes with TFNM. We'll be right back. In today's technological world, the use of top flight software applications and technical analysis expertise is essential to successful trading in today's market. You also gain access to the webinar that Steve Dahl and Tom O'Brien just hosted, the best way to use the Taz Profile Scanner to profit. This webinar archive is available for all subscribers immediately upon signing up. 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What you're going to see out here on this chart, you're not going to see the market profiles, which we'll switch to in a moment. But a close below Stevie's green line today, it's 8705. On this chart here would suggest to move back to where the NQ had broken out. And that's at the 75-35 level out here. Now, when I talk about the markets going back to, here, I'll come back to that or I'll try to remember to come back to that. Now here, this is what Jay likes, which is, and everybody else out there too, we like to understand where, you know, where is the game? Where are buyers and sellers sitting? So last night, just as the market had opened back up, there were new profiles at form for each of the equity futures contracts.  I'm using my advanced Doppler tool out here. And they're always subject to a change or reformulate out here. I can't recall. It's possible that the Russell 2000 has reformulated itself since this morning. The others are pretty stable. So, Jay, I'll know this evening or certainly Sunday night if these profiles are going to hold. But they are real. Even though it's an advanced tool out here, they're absolutely real with regard to where buyers and sellers are sitting. And we can see, and I posted in the den that right now what each of us know is that that center line, that is where we have both buyers and sellers. So you can see there's a big party going on. The party at the center of the profile, that's where the ESMini is trading at. And same inside the NQ, just lightly blow it. Same for the Dao Equity Future contract out here. Now, the Russell 2000, I can't tell you R-Y out there.  Kind of a thing. It's a special tool that I have developed out here for this specific software application. So it's just a specialized tool that I've got. And it's really nice how the way that it works, because it gives us the advanced warning that this profile is attempting to form. So at least this way, and especially at Gintre Day out here. Now, let me show you the reason why understanding these profiles are so helpful to us. But first, you've got the profile levels out here. So let me give you those. So unlike my, so I can't say that the NQ is going to go back to its breakout level until the bottom of a profile is broken being enclosed below it. So inside the ES-mini out here, you're looking at 2766. You're looking at 8548 inside the NQ, 23012 inside the Dow. And the Russell 2011-94. Now it is a bullish structured profile. The ES-mini is all, actually the NQ is bullish in structure. So it should be strong support. Don't know whether it will be or not, but should be strong support. But those would be the areas before we start looking at prices coming back to those breakout levels. Now, in the case of the Dow as an example, whereas the NQ had a TD-9 count, and I believe the others do, the Dow doesn't. So if the Dow closes below Stevie's red line, it's not there just yet. So where the NQ is testing, the Dow is not 23346 is the number here on the Dow equity futures contract. You're not going to see a TD-9 count out here. And this just says, okay, so where's the breakout level? Well, that's where we start getting back into the monthly timeframe charts. Or the weekly timeframe charts out here, which gets us back beyond the actual lows that we're taking a look at. That's how the Dow gets through and blasts through the lows. Now, there's another level that the Dow is going to have to close below in order to give us that signal. That's going to be below the bottom of a profile. We don't know if this one's going to form. It may be the one that's already in place that's out there, but right now it looks like there's a new one. And it's going to be the 23012 level. Now, well, let me show you. Excuse me, why these profiles are so important. We're just going to take a look at the ES mini. And on this chart here, just using a line-based chart. So we're just looking at closing prices, which really it's all about to close most certainly when we're taking a look at profiles out here. So I want to show you in when markets are moving higher. So let me just pull this back out here. Now, the red lines are the bottom of the profile. The green lines are the top of the profile. And in a bullish market, so coming off of the December 18 areas out here, you can see that price never closes below the bottom of a current profile. Right here where my cursor is at, there was a prior profile out here that a new profile forms, price gets above that. And you can see all of these daily profiles here holding until when? Until about the trading day of May 8th, 2019. Nearly a year ago. It's always interesting that sell in May thing. And so we've got maybe a little bit of that out here. Now, if you go back to that time period, April 30th was a bit of a high, then a move lower for a couple of days out there into May the 2nd, then one move higher into May 3rd before it kind of gave it up. But here was the important thing. You see once price closed below the bottom of a box, it gave you a change in trend signal. Now this created a currently by pattern. We can see the A to B equal CD pattern out here into the lows of June of 2019. Price continues to move up. It's not until you close below the bottom of the box that you know you've got some type of change in trend and something else that's going on. You got that, it's easy. If we take a look at what transpired here this year, if we take a look at what it was on the trading day of, let me move over, the trading day looks like a February 24th, when we finally saw a close below the bottom of a profile. That went ahead and sent the cascade down to the bottom that we currently saw. So now how do you put this together? So if your intermediate term trader out there the real prepare for winter comes if you see a close below the bottom of this new profile, 2766 or whatever the number might be. So you'll have to check back in with me on Monday or subscribe to the newsletter service and you'll see what those are over the weekend or on Monday mornings newsletter out here. But if you just take, so this is how the profiles work. This is why they're so key. This is why when somebody calls in or through the den or what have you and we're taking a look, sends an email or looking at an instrument, we're really always trying to understand where support and resistance. That's like the very first thing and we want to do it in a very objective fashion out here that we can use time and time again so that we're standard and you and I aren't making, we're not making decisions. We're letting the market make the decisions for us. Now we're going to change over here to the, and well there's nothing that's testing the bottom of a profile right now. So there's no reason for me to go switch and look at something else out there. But that's the use of really putting all these different tools together out there so that I hope that that helps you out, whoever you are. But let me go, we do have a couple of questions that have come in. So before I just, you know, continue babbling for some reason out here, let me get to these questions. So the first one coming in from Jared. Jared writes, hello Steve, looking forward to your show today. Well great, as I do every day, that's nice. In the newsletter this morning you thought the Russell could be testing 1254 is the daily level of support. Do you see the markets building cause to trend lower just test on a daily basis? Thanks for all your fascinating insight. Here's a reminder, look at Harmony. Oh, okay, great, okay. So we're going to go look at Harmony Gold as well. Let me get a couple of things going out here on my charts. Okay, so the Russell 2000. Let's come back and take a look at the profiles. Now, Jared, it's possible that these profiles have shifted intraday out here as opposed to pulling up my newsletter and finding it out. Here's what I want to be able to share with you. 1254 was the top of the daily profile out there. The center is 1214 and the bottom is now 1194. Just based on the work that we just did and take a look at the ESMini, the change in trend signal for the Russell 2000 will be a close below the bottom of that box out there. If in fact it is 1194, that's what it is right now. So I hope that helps you out. When we come back, we'll go take a look at Harmony Gold with Steve Rogers Tf&N. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trait that we tigers and tigers share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastering Probability and for the last 12 months, Timer Digest has been tracking my newsletter signals which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, 6 and 3 months. Timer Digest also ranks me as the number one market timer for gold as well. The fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the best at what I do. Sign up for Mastering Probability today by clicking on the newsletter tab on the homepage of tf&n.com and get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide great market calls too. Sign up today. 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Get your copy of The Art of Timing the Trade charts today by visiting tfnn.com 603 S&P off 85. No bullish reversal candle on those 30-minute timeframe charts out there. So got to wait to see what transpires this half-hour, the 2 p.m. session. So no type of counter-trend rally bottom signal here. GSA, I do want to go back to the Russell 2000 because this is interesting for you, Jared, or anybody else. And so remember the bottom of that new profile that we're looking at is in that 12-13 area, 12-13, 12-14, which right now is lining up with the CV's red line out here. It's at 12-14. So that would appear, and so you can see the three drive to a top. Really a perfect textbook. Three drive to a top pattern. All these patterns, according to the way that I use these patterns, require bullish or bearish reversal candles. We got that yesterday inside the Russell 2000 out here. And inside the Russell 2000, much like the Equity Future Contract, much like the Dow Equity Future Contract, you can see that once price would close below Stevie's red line, which is also approximately where the bottom of its daily profile is. If we see that out here, Jared, to answer your question, this suggests, okay, you're headed all the way back to those March lows, and very likely you're going to take those out, and take those out in a fairly significant way out there. So that's what's going on inside the Russell 2000. You wanted me to take a look at Harmony Gold. So let's go do that as well. And as we change over to our daily, weekly, monthly timeframe, here's what we notice. We notice that price is above the daily profile. This is a profile that formed a few days ago, and when profiles form below price, that is a bullish message out here. So before I even go any further in looking at the chart, just from a profile standpoint, so we're just going to standardize on this one tool for this black background chart, if that's a bullish message, then where's price targeting? Well, price would go target the top of its bullish structured weekly profile, which is 426. Now our eyes can also gravitate over to the monthly timeframe. We are just beginning a new month out here, and what we can see is price is now above the top of that monthly profile. Now price has been above the top of the monthly profile for about the last six months out there, and by months end, price gets back inside there. So that may be something to think about or consider. Maybe this is just a breakout altogether. You won't know that until you see 426, but it does look like the price is headed to 426. Now we're going to bring over Steve's other charts because they may show us some other different elements out here. So we take a look at the daily timeframe. What we're going to see is that what Harmony Gold is doing, it's taking on a very key level out here. It's breakdown error, which is 271. Now even though on this tool here, this set of charts, I can't draw in the A to B equals CD pattern, we can clearly see the A to B equals CD pattern, and it gave us a sell the D signal out here, and it did that on April 28th when it generated that bearish engulfing candle. So Jared, not until that high is taken out, quite frankly it's going to be the high of April 25th, because on a bearish engulfing candle, it's the high of all of the candles out there, and that says you've got to get a close above 384 to negate the Gartley sell pattern that is in play out here. So 384 is going to be a key number for you. If you can get a close above that on a daily basis, then you're off to the races back to the top of that weekly profile. We can also see here that Stevie's red line did turn green and we still haven't seen the test of that level out there. So if price does not close above the top of that Gartley sell pattern, this is telling you that we may see that test, and I don't know if it'll be a test of rejection, that would be the bullish case, and a close underneath it would say you would then be tracing back to other support levels. In this case here, the daily profile levels, 306, 294, and 283. So that's what I see when I take a look at Harmony Gold on the weekly timeframe. I don't have anything negative out here at all on the monthly timeframe. I don't have anything negative either. We just took a look at price trading above the top. So it's really going to be the daily, and it's going to be very easy for you to understand what it's going to do. You've got to see a close on a daily base above 384. Otherwise, this is subject to trading sideways. Pulling back or it does have a topping pattern that is in play, but no level of support has been broken. So no reason to jettison the position unless you, and I'm not speaking to Jared, unless you actually think you know where price is going, and I don't have any other tools other than this to tell you what's going to happen next out there. So I hope that that helps you out. Thanks for being patient on Harmony. I know you had written in yesterday, and when we got to towards the end of the day, we just couldn't finish it off. The next question coming in here from Dave, Dave W. Dave, the dancing Dave. I like that. He says, hey Steve, I'm looking to crude oil for several months or so. I was thinking of WTI. Well, you're not thinking of WTI as the name of a company, which engages in oil and natural gas. So let's go take a look at it. WTI, which does also stand for West Texas crude out here. What we are looking at, this is W&T offshore, trading at $2.56 above the top of a daily profile that formed below price, bullish, trading above the top of its weekly profile, $237. So profile wise out here, Dave, this is suggesting a run up into about the 401 area. 401 would be, or really 428, the center of its monthly profile. We're not going to go there though just yet. We're going to, because this, you know, this has a currently sell pattern too. It looks like this, Dave. Let's put the A point out here is on the trading day of March 18th. B point is the next day at the high. And really I've got to use to truly do this properly. I have to use the low of that point. Let me see if this tool will let me do that. Yeah, it does. So this has made a 1 to 2A to B equal CD pattern. You've got your bearish reversal candle out here. But so you've got a bearish pattern and you've got a bullish pattern. You've got a bullish pattern from the standpoint of where profiles informed. But you're looking to get into it. So if you're looking to get into it, you're looking for some type of a pullback out here. Let me pull over my other chart, see what other things that we might be able to find out here. Here we can see, Dave, that my oscillator and change line changed from a red to green today. So what we know here is that we should see price in that level catch up to each other. That level is about 235. The top of the daily profile is about 230. You're trading at 256. So to the extent that you're looking to get into this, which you are, I would wait for price to pull back into that level, preferably on some lighter volume out there. But that's what I would be looking at on the daily timeframe. The weekly timeframe, let me see if there's any signal out here, any additional signal for us. Made a TD9 count bottom. That's what it did back in March out here. And it's trading above the top of the profile. So it makes all the sense in the world what you're looking at from a trade standpoint out here. And that is with the ticker symbol WTI. So thanks for writing in. I hope that that helps you out. Let's see here. No other questions by email. Let me take a quick peek and see if there were some questions inside the den. I think there were. Mike Kay wanted to take a look at PPLT, PPLT. So let's go take a look. That is the ETF for platinum if I am not mistaken. And Mike is long and wanting to add. So when we pull this up here, we're looking for some type of topping signal. Do we see anything? You know, we don't. We had a TD9 count top. It looks like. Back on the trade of April 17th. And this just simply turned into pulling back and testing support. That was Stevie's red line out there. See that Mike? See how that red and green line. So oscillator and change line. This is where the question always is. This is where the question I had always had. Hey, is this just a retracement? And if it's a retracement back to support, how do I figure out where support is? And you see it. Now, in this case here, when it pulled back was both to the bottom of its profile as well as its oscillator and change line, but just trading sideways out here. So where's the next level to add? You're basically about there right now. $70.99 if you wanted to get exact. You almost got down to that level this morning. You're up above the top of that daily profile out here. If a price can get above the recent highs, you're looking at a move up into the $83.39 level out there. No indication that it can't, but if price did close below $70.99, then your buy area would be $68.05. Take a look at that move. Take a look at this straight day out here, April 22nd. You've got to love this mic. Not only do you get the TD9 count top, then you get to pull back to Stevie's red line. We'll be right back. If you're in the CD market and looking for a secure investment, the Tiger First mortgage program may work for you. 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So the underlying instrument, I'm assuming at this stage, you're going to have to look this up, but I'm assuming that the only instrument inside there is the current contract for Platinum, which is July out here. And here's where the real problem is, now that we take a look at the underlying instrument, Mike, if you look at last week, the week before and now this week, you can see how Price really tried to get above the top of that weekly profile at $7.91 and it hasn't been able to. And you know what they say, if you can't bust them up, may try to bust them down. So be careful here. Now, at this stage of the game, you don't have any signal that it's going to bust them down because Price is trading above the top of that daily profile. So the level you're really going to be watching, not in PPLT, but in the Platinum futures contracts are going to be $7.66.6. Any close below that on a daily basis would suggest that Price is going to move back to the bottom of that profile. And that's $7.30.70 out there. Not that you need to sell, not that you need to short, I'm not saying shorted or anything, but that would be a level of support out there. So that's what I'll be watching, the underlying instrument, I think it makes it really clear for us. So hopefully that helps you out. Jerry in Boston wanted to take a look at the XLE. And Jerry's question is, is the XLE a short? So let's go ahead and put up the XLE. If we do all of your instruments, let's put up the three different timeframes out here, daily, weekly, and monthly. So we take a look at the daily timeframe out here, Jerry. What we can see is that Price is still trading above the top of its daily profile out there. The top of that profile is $34.72. The bottom is $3181. And the center is at $33.55. So this would work really, Jerry, the same way as that ES mini-chart that we took a look at to try to understand whether there's a change in trend. So you're asking, is this a short? And it may be. We'll pull up a charge to take a look at that. But then you've got to do the reward risk. None of us know whether support will fail or not. I can answer the question, is it a short? Then you've got to be able to answer the question, is it worth the reward risk? And you're trading above resistance, which is now a support at this stage, $34.72. And that would be the first potential level of support out here. Now, when we look at the weekly timeframe, we can see that in essence, if it closed right here right now, price ran right in the top of that box. The top of the box is $35.89. You're trading at $35.87 as we speak. So closing below $35.89 out here today says, okay, this may be just consolidating sideways. Maybe that's the end of the counter-trend move. Those would really be the two interpretations for you. If it closes above $35.89 out there, that in essence would be a bullish signal inside the energy sector. And on the daily timeframe, with price trading above the top of its profile out there, that's a bullish meaning out here. So you kind of get the gist. Now let's pull over the chart and see if there's some type of pattern that formed out here. Is there a Gartley cell pattern or something else? Well, lo and behold, we don't really have a Gartley cell pattern. You and I would have to be so liberal to do that. I'm not referring to your political persuasion. I'm talking about liberal with regard to the one-to-one A to B equals CD to the upside for a Gartley cell is $44.23. Or thereabouts. We've only been up to about $38 out here. So you can see the A to B equal CD pattern that is still potentially going on out here. Price is above the profiles for daily. Price above Stevie's red line out here. Is it a short? Did we get a cell signal? And the answer is we did. We have a TD9 count. Today will be bar number nine as long as price closes above bar number five. That close is $35.38. Now if price doesn't close above, price closes below, I'm sorry, did I say I meant $35.62. $35.62. No, close, $35.37. Hello, close, Steve. Look at the close, $35.37. $35.37 is the number out there. Price closes below that. Well, then we won't even have a TD9 count out here. So is there a topping signal? Yes. Should you go short out here? That would be a tough one. It would be a tough one for me to say yes, you should go short the energy sector out here. You really got to take a look at breaking some level of support and we just don't have that. We just have resistance in essence holding at this stage of the game on the weekly basis. So Jerry, thanks for the request. It was a request by phone out there and I hope that that helps you out. Now I'm going to check to see if there are any other requests that came in on the, in the tiger's den. That's where I got in trouble last time because it covers up all the rest of my screens out here. I don't see anything, but if somebody had a request, I did not do TLT, so we can do that. So G7 wanted to take a look at TLT out here. And I think either side of that trade, well, let me go back and take a look at the chart, see if there's anything that is updated before I say that. We take a look at TLT, yeah, either side of this trade, I don't see anything in it. I don't see anything in it to win it.  Look, here's what we know about the treasuries right now, the 30-year treasury out here, which basically, I'm not looking at the TLT. We're looking in essence the underlying instrument, so to speak. It's not just the 30-year treasury. There's all kinds of long-term dated bonds with different rollovers going on, but we use the 30-year treasury in essence to gauge what the TLT or the TBT is doing. And what you can see priced in dollars out here, you just see a sideways consolidation. Now, it's a fairly decent-sized consolidation. Maybe the bottom's around $177 and the top is at the $182 and, say, $183 out there. So I just don't see a lot. Now, we can see that prices trading slightly lower in terms of dollars, lower in terms of euros, slightly lower in terms of yen, higher in terms of pounds. So G7, what you don't have out here with regard to traders around the globe, they're not each looking at this and seeing selling going on. Quite to the contrary out here with regard to what's going on in the 30-year treasury. The other thing, and I'll say, gigantic important factor out here, gigantic important factor, we talked about it briefly yesterday when somebody had called, or not called, maybe they had sent in a request to ask me to take a GBTC, and that's the Bitcoin trust out there. And when they did that, what I shared with them, I shared with them, hey, be careful, be very careful with regard to Bitcoin. Why? All you have to do is go do the reading. You can do the searching yourself. You can go see what Christine Lagarde has said in the past. You can take the new IMF person that is there. But what you're going to find out is that what they're trying to do over in Europe is to eliminate the euro as a paper currency. And they'll call it the digital euro. That's going to scare the... And if they do that, if they do that here, there's no way they're going to allow these other digital currencies to survive. Just ain't no way. And they can do it in a heartbeat. Shoot, they just, the governments around the world, forced us somehow to lock ourselves down. But we're going to rise up out here because this has now gotten to be insane. You want to know how insane it is? I live here in Palm Beach County. I don't know who did it. I don't know if it was the mayor, but what they opened up today, they opened up community pools. You know what's still closed today? The beach. Now, granted, I don't recall the gentleman who's in the infectious disease area for the army or the military out here, but came out and said that the coronavirus can't, doesn't last in the sun for more than five minutes. A community pool, so my private club, they're going to open it up somehow at the community, you know, at their pool. But you can't, it's on the beach. You can't go into the ocean. These folks have gotten not so out here. Anyway, we'll come back to the Treasury in just a moment. With markets trading with extreme volatility and peaks and troughs everywhere regardless of what you're looking at in the markets, this is a great time to see the type of analysis Basil Chapman delivers for his subscribers every market day with the opening call newsletter. He's been analyzing markets providing his take for subscribers to his trading services since 1984. Every morning, Basil publishes an update for his subscribers along with weekend and evening updates when warranted. 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The Gold Report is a comprehensive look at the metals sector as well as the markets that move gold which is the currency and bond markets. New subscribers get a 30 day money back guarantee so you have nothing to lose. Every Monday morning I publish the Gold Report with coverage of gold, silver, bonds, the XAU, HUI, GDX and 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. For more information on the Gold Report visit www.google.com www.google.com Every Monday morning, Primal Edge formulated and approved by Nico & Page of Living a Primal Lifestyle. Buy it today for just $89. Click on the Primal Edge banner on the front page of tfnn.com This is David White.  Welcome back folks. Where I was going with that little dialogue there here on this chart here, the set of charts that we're looking at in their major cross-rate currency. So on the very left-hand panel we've got the Euro, US dollar next to that the Euro pound next to that the Euro yen, next to that the Euro Swiss franc out there. What I'm watching for out here are some cracks in the armor. What we're really seeing right now as I look at this is just at these charts here, just a little countertrend rally that is underway. And the reason where I was really going with that G7 is you've got to be careful because there's a drop out here. There's a lot of shoes that could drop but you certainly want to be watching what's going on overseas because the more that people understand that's where the hoarding of dollars is. So I read a report that 70% of the $100 bills or US dollars period are sitting overseas. They're being hoarded. People want to have that currency. They didn't want to give up their rights to their local currency for sure. So if you're going to be out here you're going to see Treasury, I think you're going to see people move into the US and whether it's a dollar, whether it's a 30-year Treasuries, whether it's stocks, it'll be some forms out there. That's really what I was getting to. Let's go to our last question. This came in from Hector and Patty, the fuel injectors out there. And this question was to take a look at the semiconductor index. Now the semiconductor index may be giving us the biggest message period out here. So if you want to take a look at this daily timeframe chart, here what you're going to see is a nice Gartley cell pattern out here. This formed yesterday with the bear sash candle. That also happened to get up to wave number 7. That is letter G on my screen out here. And you can see that price had gapped down to Stevie's green line. That was 1679. This is a clear break of that. So if you want to understand where the semiconductor index is headed to it's headed back to its breakout in 150874 Hector. So boy folks time really flies. Always been great a great week. Great to be with you. Thanks for all the questions in the den. Everything by email. All the questions by phone. And be safe out there. And I don't know don't listen to our politicians. What do they know? Let's fire them all. Let's fire them all. Let's put them out there. And we'll send them a check for a thousand bucks. See how they like that. Take care of us.


Tezal Chiang Mai Chiang Mai, the capital of North Thailand and once the capital city of the Lan Na Kingdom is the home of the TEFL International course in Northern Thailand. Chiang Mai was founded in the 13th century and is one of the oldest cities in Thailand. It's recognized as having an independent cultural personality at its own right. Outside the city, Chiang Mai is surrounded by beautiful scenery of mountains, rivers, waterfalls, forests and valleys, stemming from the foothills of the Himalayas. Chiang Mai offers a different experience for TEFL International TEFL courses in Thailand. Many feel that Chiang Mai is an essential part of any journey to Thailand. Located more than 700 kilometers northwest of Bangkok, Chiang Mai has an excess of 300 temples with an impressive 121 within the municipal limits. This number is close to the total in Bangkok and makes the old city center of Chiang Mai visually striking. The Thai people love their beloved northern capital, a quaint, moated and walled city surrounded by mountains with legendary, mystical attributes. Chiang Mai is also an exciting modern city which has successfully managed to combine its rich history and traditions with its increasingly modern side. Chiang Mai has always had its cultural riches, relative peacefulness, fantastic handicraft shopping, delicious food and proximity to many natural treasures. Changes are coming though, with chic, Thai style boutique hotels popping up everywhere. One look at the new shops, bars and restaurants, particularly in the Naman Hemen area, shows that the city's identity is changing. Yet Chiang Mai still manages to retain the relaxed, temple-sprinkled, cultural capital atmosphere it's always had. With its many and varied attractions, the days of Chiang Mai just being a quick stop-off point before heading to the hills are long gone. The architecture of Chiang Mai reflects Lan Na, Thait Mon, Sri Lankan and Burmese influences. A city of great history, Chiang Mai is home to 300 temples, some of which date back over 500 years from before the great Lan Na Age of Chiang Mai, and most are decorated with ornate twig carvings. These include the magnificent Wat Phra Thit Boi Su Thup, elevated 1300 meters above the city, and constructed in 1383, Wat Phra Sing, probably the city's most famous temple, and constructed between 1385-1400 and Wat Chiang Mun, said to date from the founding year of the city, 1292, and its oldest temple.More recently, the city has been through a period of regeneration while retaining its unique cultural identity. The city itself covers an area of 200,000 square meters and can be found 700 kilometers north of Bangkok. It is situated 300 meters above sea level, which accounts for its dry and cool climate. However, Chiang Mai still retains a tropical climate experiencing monsoons, which arrive from India at the end of May, 23-32 degrees centigrade 73-90 degrees Fahrenheit, and remain until November, 19-30 degrees centigrade 66-80 degrees Fahrenheit. During this period, it often rains for a couple of hours in the afternoon. From November to May, cool air from China bring the dry season with milder weather, and during this period temperatures range from 13-36 degrees centigrade 55-97 degrees Fahrenheit. Why Chiang Mai? Chiang Mai has a striking mountain backdrop, over 300 temples and a quaint historical aura. It's also a modern, friendly, internationally flavored city with much to offer the visitor. Food, accommodation and shopping are all top quality and cheap, and the nights are relatively cool. Boi Xuthip, topped by one of Thailand's holiest temple, rises behind the city, providing a dramatic backdrop and fine views of the city.


The plan on the page is an attempt by the Australian Civil Military Centre to capture the who, why, what, where and how of the business we're in. We serve Australian government stakeholders and we work very closely with a range of international counterparts and colleagues. And there's really an opportunity here to explain how we do advocacy, support training, promote lessons learned within government, look at how we provide advice to government and overall how we conduct support for all of the organisations that we're in. We are effectively a service provider and the plan on the page provides us with an opportunity to communicate to those who we work with and who we support and how we do this, who we are and how we're going to assist them to achieve better civil military police coordination in the future. The Australian Civil Military Centre is administered by the Australian Defence Department. We're given by a board of our six main stakeholders and this board in 2014 signed a charter which we still have at the centre, which establishes our priorities and determines our work streams. And the agencies that are our six main stakeholders are the Attorney-General's Department of Australia, the Australian Council for International Development, which is the peak body for the Australian NGO community, Australian Federal Police, clearly Australian Defence, the New Zealand Government and the Department of Foreign Affairs and Trade here in Australia. One of the huge strengths of the Australian Civil Military Centre is the diversity in thought and people that we have there. Unlike the military or the police or other career organisations, everyone's come to the centre via a different path and we have everything from a colonel in the Army through to a NGO representative and everything in between. So the diversity of thought we have there is impressive and enables us to apply a lot of different lenses and perspectives to a lot of different issues.


Hello and welcome to the CMC markets weekly webinar with myself market analyst David Madden the day's date is Monday The 9th of October and the time has just gone 12 15 p.m As always we will be I will leave the brisk warning slides here on the screen if you'd have a read through yourself It just basically states whatever we cover in today's webinar. It's just basically commentary My own personal views And talk the discussions of what's going on in financial markets. It shouldn't be constricted as an explicit investment or trading advice It's a necessary part of the actual webinar itself It will keep my compliance department happy by me doing so But this it won't take very long believe on the screen for a few more seconds and then after that We can actually kick off with with the webinar itself Is obviously been some a few economic indicators and some political Proceedings over the weekend Which we can now crack on with the webinar properly. So I'll be quick look at what has gone on Within the past number with the past few days Obviously the Catalonian situation and standoff has is is still very much in play There was a kind of a pro unity rally yesterday in Catalonia and also around Spain And Spain can a projected the kind of public image that they actually wanted to to send out At the there was no this was the direct opposite of the previous Sundays Previous Sundays Scenes whereby you saw we saw there was a very heavy hand approach by the police this yesterday's one for direct opposite So we have seen a bit of a cooling of tensions Also, it does appear to have taken more of a political and financial route whereby the Spanish government are not making it easier for companies with headquarters in Catalonia to relocate the headquarters to a different region of Spain Applying a bit of financial pressure to the Catalan separatists and also the Spanish government have actually blocked or prevented the Prevented the Catalonia in a parliamentary meeting today And it's only at one of those meetings can actually Katonia she declare independence the president of the region cannot do it himself So so we are seeing a bit of a bounce back in the Spanish market looking around Europe We are seeing a bit about yet in the footsie pullback recently in the sub or sub the 7500 level we do appear to be seeing a bit of a sell-off We have seen a push higher in the British pound and in turn we have seen a bit of weakness in the footsie win-hundred What we saw overnight out of China the service figures the Kaishin private Survey of Chinese Chinese figures Chinese service sector grew at its slowest rate in 21 months There was a very minimal growth it came in below expectations as a decline in the month It's a sense sent out a it was a bit of a I didn't have a major impact on the Markets over in the Far East But we have seen a bit of a sell-off in some of the mining companies that are listed here in London because China's are a bit Fearful that the Chinese economy may be some of growing As much as it is as it would like to also Beijing have been making a conservative effort to move away from a mower Heavy industry manufacturing construction driven economy to more servers based economy What did it broadly been doing save the past 12 or 18 months? But unfortunately today's number was it's kind of a better spanner in the works and is obviously gonna Unsettled some investors nerves. It's going it is a it is a holiday in Japan So the Japanese market was closed overnight. So there's relatively low volume volatility in Asia Today is Columbus Day in the United States of America You can also expect a low volatility on that front and obviously we did have the Non-farm payrolls numbers out of the West last week. Yeah, we saw a decline in the headline number But there was upper revision to the previous month There was a decline in unemployment and a very hefty Increase in the wage numbers and so overall I think it was a decent report But to be honest, I wouldn't be surprised if we see that negative number I should revise to a positive number next month obviously with the hurricanes Harvey and Irma this obviously been a bit of a skew to it But I wouldn't be surprised if that number We surprised it that number of remains as it is Taking a quick look at the week ahead. I always show you every single week where it is on our website So if you go to our website itself on of the news and analysis section Click on the news analysis section. This will bring you to the page here under filter by topic third one down the weekly outlook Taking a look here at the weekly outlook Effectively gives you a breakdown of the major corporate and economic stories. We can look look ahead to during the week So turn it to a tomorrow. We've you get with numbers are the UK Manifaction numbers coming out of the UK tomorrow. We also have an update from the fashion house Ted Baker And then there was a back end the week We have the US banking US reporting season kicks off again And we have the banks the major banks are the ones to watch out for this week We've updates from JP Morgan city group and and Bank of America is also worth Fargo. I believe as well Then on the end of the at the end of the week The big of watch out for will be Chinese that Chinese trade data obviously keeping an eye on the imports and the exports is obviously going to have a Potentially big impact on companies which are heavily exposed to China such as mining companies like Rio Tinto and Glencore and also and all but another and other mining companies like PSP Billiton also playing into that mix into the in the China story our company HSPC Very large exposure to Asia Sander Charter as exposed to through the Far East as well the Azure have been a big and Burberry I've also been a big seller to to China as well Scrolling down on the corporate and the corporate front We've already kind of covered the major stocks which are reporting this week It's also we're pointing out black rock of that third board numbers out on Wednesday Domino's pizza numbers out on Thursday You also be a full your figures on W. H. Smith on on Thursday And on Friday as I mentioned we Bank of America and we also have Maryland They're the big ones to watch out for from the United States on Thursday So taking a look now at the other folks even hundred as I mentioned because a push higher in sterling has in turn Take a bit of the edge of the foots you in hundred But we did see a fairly decent and move Upward move in the footsie last week If you take a look at how the footsie been performing It's a you we see if you appear different a snap out of the kind of the kind of sideways downward trend The downward trend that the market has that was in throughout the summer pushed higher Fairly decisively and granted we are seeing a bit of a turnaround now, but notice how the momentum they can Move to the upside has been kind of matched by an increase in kind of positive momentum Granted we are seeing a bit of a slight cooling or stalling of it to and today's session given that we have to Yeah, pull back About you know from today's high. Yeah, pull back around 45 points, but the broader kind of a sentiment and also the kind of Chart has been pushing higher for a number of weeks now so as I suspect the overall kind of upward trend that we've seen for the last few weeks is likely to could remain intact and Should should we can remain north of should we remain north of kind of 7,500 the olive could continue to be positive Even if we do pull back You know given how much we'd be how many a positive candles we can see here Even if we do even if we do drop it all 7,500 we could also potentially find support in around this price area here He of seven thousand four hundred and sixty one move to the upside If you do continue if you do resume the wider So we do resume that the upper trend at the mark has been in for a few weeks now We could be looking towards the August high seven thousand five hundred and fifty two and then at that level has taken out You could be looking towards the all-time high of seven thousand five hundred and ninety nine as always I'm going to go through the major indices major major Commodities major currencies and any markets that I that you that you would like for me to cover Just feel free to stick it in the chat box. I don't have to be kind of run down What we can have we could have run through whatever markets you would like me to have a look at The Germany market at the German market the Germany 30 obviously do do quite well Not too far away from record highs So that is your that is automatically your your indication right there the price the most important indicator works far away from record highs We've had widely consider a push to the upside Fit me over the last few weeks See even if you do see a bit of a correction Even if you see a pullback, we could find support in around this level here the low here from from last Wednesday in at 12,893 and then south of that in at 12,847 so these are the areas for potentially If you do see a bit of a pullback the areas you could potentially see some buyers enter the fold give that The train has been to the upside and we are just off all-time highs So to the upside we've been looking towards 13,000 and then as it's as it will be, you know Fresh territory chairs is ending keeping me off of the big numbers like 13,100 200 and so on Don't worry Michael. I will certainly be covering brand oil in a few chairs time And as you can see well as we look at the Spanish shirt here It's the i-bex 35 the first thing you notice is that is even before the Catalan chaos kicked off Which is in around here early October we can see for the Spanish market was already in decline I didn't have the same first hire from September onwards Like like like that that we saw in the tax. It was already pushing lower We have managed to actually kind of have managed to kind of push back up Close kind of in around the two hundred a moving average the two of the moving average is pretty much in around this area here summer in the region of 10,240 10,045 so that's obviously an important barometer to keep an eye on and Notice how negative momentum has actually been declining so we could see so this so the setting pressure that has been in Existence for the last few days has been declining hence we're seeing that we're seeing that should the price push higher But even before the Catalonia in situation kicked off We did seem to have problems and trouble getting north of the 50-day moving average So that level has acted as resistance and that in the past so it could potentially act resistance In the near future and and the current level of the 50 moving average is in at 10,345 if you do happen to break that that will be potentially Potentially send the market even higher again And if that weren't for the case potential levels to watch out for to the upside would be the kind of mid August high of 10,445 and then north of that at the one or two moving average at 10,525 Notice how the one or two moving average did act as a bit of support to the downside in July but then of course if we're going to fit around and then act as resistance Once the mark was actually below that metric So where they were potentially at a fairly key level We're close ish to what could be a very interesting area for the Spanish 35 the Ivex 35 The US markets are in quite quite impressive shape Last week we saw well, the Dow Jones and the S&P finished a touch lower on Friday But it's been a very much an upward trend I'm kind of buying on the dips has been a popular strategy for traders When they're trading the US markets as we can see here, this is just all record highs slight pullback in September only to be gonna Only to be followed by a continuation of record high So if you do see any kind of moves lower in the Dow Jones, it could potentially find support in around 22,700 or 22,634 and then back down towards 23,500 potentially but as you can see here the trend is clearly to the upside It's a bit concerning that we are seeing a possibly a standing stand or maybe a slight decline of positive momentum So we could be seeing a bit of the the power behind the bulls could be waiting ever so slightly But as I mentioned prices is the Indicator is most important indicator. That's going on reaching registering record highs That's the one that would take precedence and it is also worth pointing out today is Columbus Day in the United States So it makes you it's likely see low volumes low volatility But we will build the US markets will be back to full swing tomorrow It's a very similar to chart for the S&P 500 whereby We have seen positive momentum Wayne has ever saw slightly But but the the price has been going on to read to registering record highs. So it's a very similar chart for the S&P 500 Move to the upside because of fresh territory chairs looking towards big numbers like 2,560 70 80 so on and so forth where it's been once again buying and Buying into the market on a correction on a pullback has all has been a fairly popular strategy So if you do see any moves lower in the S&P, we could get get some support in a 2,540 or 2,531 or throw the south of that a 2,520 As I mentioned with the S with the now keep an eye here in the momentum ever so slightly coming off So it could be sign that happy to find buying pressure is running out ever so slightly out of the scene But I'm just keep good. Just just keep an eye on that It's only if it's only if you see a sharp decline in the price in momentum. That is something that that would be actually a bit concerning And I will cover copper. No worries Michael. I'll do that in a second now Coming on to the gold market As mentioned the equity markets broadly speaking have been having quite positive so in turn The gold market has been fairly negative over the last month, but we have seen a push higher. So Gold basically lost a hundred dollars between this high here in September, which was a 13 month high pullback about a hundred bucks And in the wake of last Friday's non-farm payroll kind of ground ground gold a bit lower Near nearly as low as 1260. You didn't quite get there But this is effectively a hundred dollar move here that we've seen in the downside Notice how in the last few sessions we have seen a fairly clear Decline and positive a negative momentum rather so it could be indication that the bears are kind of and their energy It's kind of running out of steam. So we could see a push higher From here in gold and if that were to be the case Pledge level to watch out for was in around the 1296 region And the 1296 region is in around where the 50-day moving average is Notice how that metric acts as a bit of support in this area here on the way down at the end of September It's also worth pointing out that in there on the kind of 1295 1296 area That was also the same area whereby it was kind of the highs that we saw in both April and also in June So this this area here could actually be a very important level to keep an eye on for the price of gold Should we break north of 1296? Obviously the psychologically important the 3,300 level is going to be there on the cards North of that. We'll be looking towards in around the kind of 1316 region and then beyond that We kind of because of the pullback from the kind of mid September sell-off and at 1334 in here and then beyond that again in these 13 month high Which is created in September and 1358 it is possible though bearing in mind that The likelihood of an interest rate from the Fed Reserve has ticked off Ever has ticked off on the back of those non-farm payroll figures We also heard from Patrick Harker last week of the Fed Reserve who said the Fed of it He said the U.S. Central Bank is penciling in another rate rise Some people out there have their doubts about that given that the debt ceiling debate is going to be held in December We also don't know the likelihood We don't know what the Fed make-up is going to be like in a few months time But if the U.S. Central Bank a prominent center bank as we're talking about the rate is penciled in it's something that really shouldn't be ignored So if you do see the price of gold going to turn over on itself And it does kind of resume they kind of the downward move that it's been in Since the early part of last month we could be looking back down towards 1260 and then south of that Potentially at the 30 moving average at 1253 and then if that level has taken out it could take us back down towards the July low of 1204 Kind of quick glance now at high-grade copper And if you're gonna be if you're gonna be trading high-grade copper Just be mindful that China has a trade data out at the back end of the week It'd be out on the early hours of Friday morning Keep an eye on the imports component of that because that would give an indication Of how mineral hungry China is And also even the exports will also give indication of What they're kind of international trade is like as well So just be mindful of the of the of the numbers we have from China coming out at the back end of this week So as we can see here copper side quite a positive run from the back from the end of last year As I kind of quite broadly speak it's been a nice decent decent upward trend What we can see here is though and after we did have a Probably you could say an overdue correction I know it's a fairly decent boot to the downside when you compare it in comparison How much ground are covered from here from the country at 1245 up to 1350 and then we got from 1315 Down to 1288 in that kind of region. It's still percentage-wise. It isn't a major it isn't a major correction on the other copper market and now we do Seem to be actually pushing higher again And we couldn't this could be a sign that we are seeing a Resumption of the wider positive trend for the price of high-grade copper So if you do manage to hold north of the fifth of the moving average here Great to notice how sort of accident support here But then when it broke below it it was trying very difficult to get north of it And then this candle here last Thursday smashed through it. So it could be this could be the kind of Potential kind of foundation for the potential next upward move in the price of copper So if we do say north of the fifth of the moving average, which is comes into play at 296 but 95 we could potentially see a continuation of the bullish move Move to the upside three off potential resistance at 305 79 and then beyond that at 13 1315 spot 09 One of the reasons why I like to use the kind of the with the MACD Indicator moving at moving average conversions and diversions The histogram is so you can actually get so you can actually see what they kind of not which way they kind of momentum is moving Which you can see here is notice how that when the price of Of copper it was pushing higher It is swung from being negative momentum deposit of momentum Here the price is pushing higher, but the positive method here wasn't overly impressive It was sort of standing still and wasn't really growing all the while the price was kept in ratcheting up So price the one you want to follow but if the rate of which the price is increasing isn't overly impressive That could be a sign a nearly indication that the buy that buyers are running out of steam and lo and behold You have a decent correction here in September And there's a very aggressive swing from positive momentum to negative momentum and that was increasing all the way down here Until this in around this price area here So we could see the price was the setting pressure was starting to decline in around here all the while the market actually turns around So this is a good example of who I like to use this indicator that the MACD indicator as you can see here To positive momentum so and the positive momentum of the last few days has actually been increasing There for me can be more confident of the move because it's you would want to see the momentum Confirming the direction of the actual move itself So that answers your question there in relation to hypercopper Taking a look now what's going on in the oil market over the weekend? Hurricane Nate was downgraded to a tropical storm.  So it's quite likely that But more oil refineries are in operation in the United States than anticipated over the weekend And I just saw the back of hurricane herby and hurricane Irma When the refineries were knocked when the refineries were gonna effectively knocked out a commission But a man to get all into the refineries was weakened And we saw prices fall. So we did see a big fall in the price of crude oil At the back end of last week also What was added to the news mix was Russia who previously said on Thursday this candle here stating that they were looking to their keen to extend the production freeze from the end of March 2018 out to the very end of December 2018 But then on Friday the sort of double back on it and I said, oh, well, it's something that we're open to We're going to print or something like that is a possibility The kind of this disorder can I sit to do a bit of a u-turn? And on the back of that we have seen a bit of a decline in in the price of oil But bearing in mind here looking at Brent, it's been in a fairly decent upward trend since the since the middle of June So the kind of the trend is your friend until until it comes to an end is the old mark I ride that out so even though we have seen The price of Brent crude come off in the last few weeks this trend here I suspect it's still potentially going to remain in place But notice how they could have made enough momentum has actually been increasing So we could potentially have further ground to to to lose before it is possibly Resume the wider upward trend. So if you do see further moves to the downside branch Could take us down to 55 dollars a barrel or down to the 200 that are under the 50 moving average Which is comes into play in around 40 40 So 54 dollars per barrel and then south of that potentially support in around the 53 dollars per barrel region The high here that we created in September was a 26 month high So you're gonna get it giving in indication of how bullish that move actually was And if we do continue if we do turn around and resume The wider kind of upward trend that has been in for a few months now going out about four months We could potentially target this level here 57 52 and then north of that at 59 51 and then of course you're looking at you're looking towards the kind of psychologically important 60 bucks a barrel for Brent WTI didn't have as an as an impressive run As I mentioned when the US refineries or some of them were out of commission on the back of both hurricanes Harvey and Irma There wasn't say major demand for for WTI So it's lagging in comparison to Brent Brent crude But as you can see here since June produce bacon the up for trend is still actually intact for the for WTI Trading in around the two-day moving average and also the 50-day moving average. So this is an interesting level here For the price of WTI That the metrics come into place it come into play in around the current level dirty moving average It's not too far away from the current price in around $49.27 for its 50 moving average is about 40 cents below that in the 48 dollars and 87 cents So if you could hold on to this price region here We could potentially see maybe a further continuation of the wider upward trend Up towards the September high of 52 dollars and 53 cents And if the September high is taken out virus might be then looked towards the the hyphen April in at 53 dollars and 62 cents 50 53 dollars and 56 cents But once you get notice how the positive negative momentum is increasing. So We could see We could see a further decline before we potentially see a wider Before we see a potential turn higher yet again So if we do happen to kind of break up a break south of the 50 moving average of 48 dollars at 87 cents We could see that the market return down to the 48 dollar mark already Perhaps the one or two moving average at 47 dollars and 62 cents Take a look now at some of the big currency pairs Euro dollar first on the list So as you can see here essentially for the last month or so The euro has been pushing lower. We did see a bit of a bit of a turn around in the last couple of Today and Friday, but that was probably more to do with Profit taking on the US dollar because the US dollar has had a really good run Well, conversely if the Euro has had a week week a week poor month conversely the dollar has had a good month So these moves here that we've seen in the last since Friday basically probably more to do with Profit taken from the positive for the dollar rather than confidence in the euro, although We did see good German industrial production numbers this morning And also there was some good factory numbers out of Germany at the back end of last week, too Notice how as that the price has been pushing lower We have seen a bit of a decline in negative momentum So could be an potentially nearly sign that the kind of setting pressure on the single currency is starting to kind of wait a bit So if you do push higher on the euro versus the US dollar We could see a head back up towards the fifth day moving average in around 1844 and then if that level is taken out, we could head back up towards the kind of 120 region if the US dollar kind of continues a Shorter term kind of positive move that has been in over the last four weeks We could see it back through 1662 and then south of that at 1613 and Then if you go below that it could take us back towards the kind of 115 114 80 region The pound versus the US dollar So we can see here a decent move higher after quite a few After quite a losing but quite a bit of ground since the middle of last month the pound as point time America Very decisive move north of the 50-day moving average. So if we hang out of the 50 moving average In at 13152 we could potentially push higher up towards the 132 67 region or 133 region and then north of that we can look looking towards 134 or 134 52 this price action here. This could potentially be No, notice how there's been a dip in negative momentum. So after this kind of this nice this an increase in In a negative momentum, this could be the kind of the turning point By the market starts to kind of push higher on itself because let's face it If you look at the wider trend for the pound versus the US dollar Since since kind of March of this year has been brought very much to the upside We have seen some decent moves. We have seen some decent moves lower whenever Corrections when it has corrected itself, but the wider trend is still in place. So This could be the sign here. Keep in mind that on the MacD. This could be the sign here That's setting pressure is in decline Keep in mind now on the euro versus the British pound Euro sterling So keep an eye on the euro versus the British pound here What we're seeing is after quite similar Because at the big picture since April the euro has been a fairly clear up for trend since since April decent size correction I came into came into effect from end of August until the end of September But if we could potentially like you're looking at a scenario that kind of wider trend it could potentially be Can be back on the cards notice how as the market was selling off aggressively here We saw a very steep increase in negative momentum on the MacD indicator But then as the market was kind of finding a bottom here finding a base in around here We saw the setting pressure on the naked on the negative momentum indicator Decline quite quite consistently here only to swing around into positive territory. So And if you look at the price action here, it's it's might to come off the lows here from late September It's taken off we're now above the water day moving average And it's not going to already kind of eyeing up the fifth day moving average the next potential big hurdle for it to overcome If it can hang out under this price here the order to moving average was in around 18 89 14 we could we could look for a retesting of the fifth day moving average in at 90 20 Notice how it did active resistance here What after it broke below it it tried to kind of regain and again a qualifications But it wasn't quite successful This price area to watch out for there And if you do take out the fifth day moving average, it could send us back on track up towards 91 And then north of that at 92 26, and then of course how we take out that level here We look and potentially back towards the August highs If you do in the other hand though drop back below the fifth at the one or day moving average We potentially looking back toward this price area here over on 87 30 a to the downside Keeping it on the last one big mark. We're going to look at now. It's going to be the US dollar versus the Japanese yen Bearing in mind probably kind of all that all that a movement in this currency pair Japan was at holidays overnight and we have a lot of people will be celebrating Without people will be celebrating Columbus day in the United States of volatility imagine it will be quite low What we can see here is that a kind of bigger picture has been to the downside What aggressive sell-offs big bounce backs and then only and then only only last month do we go on and hit a multi-month low But it's been in a fairly price wise It's been a fairly decent upward moving and bounce back in the US dollar versus the yen But it hasn't large bounce backs and large corrections hasn't really been uncommon What we've seen in the dollar versus the Japanese yen So you can see here and again a near term they kind of the upper trend is very much in place But if you look at the momentum indicator It could be a sign that the buyers are running out of steam We can see here the price is continuing on to push ahead nicely You know on Friday here. We created a multi-month high But we created that high on very obviously declining momentum There's no guarantees to say that the momentum that is actually going to keep falling our turn negative But it's just a bit. This is potentially a bit of what's called divergence when the price is clearly moving higher and And the MACD the momentum indicator is moving lower. It could be a sign the buyers running out of steam Should the market turn over on itself and look to push lower We could potentially find support in a fertility moving average of 111 spot 90 South of that back towards the water day moving average at 111 spot 10 and then take us down towards the They kind of one of the kind of big lows from September in at 109 spot 55 If you do push higher if the price continues to push higher We could potentially find resistance coming into play at 113 87 It's what it's kind of the high here from the middle of June of June and then of course So July rather and then if you do take out that level a big area to watch out for it It's going to be the July high in at one of 14 49 and that and that was just ever saw slightly slightly eclipse the high here in May So that'd be the next level to watch out for to the upside As always, I give you I give you a quick rundown Of where other items are on our on a trading platform and also on our ship on our actual website itself So what I'm looking at here is chart form is updated by myself and the other other analysts Here at CMC it is a quick and a snapshot of a take a snapshot of a chart I will write a few hundred words about it What we think may or may not take attention levels to watch out for in certain charts That can be found under the trading pulse tab here I think I'm trading first-rate market pulse rather and it is the third option down the chart forum To the right of it. What I have set up here is the insights some of the some of the articles that we do Here by the analyst team get posted to the website some of them get posted to insights and the insights is the second option down here It's also a good place to keep an eye on because the economic indicators that come out during the day will get updated So well as soon as the the eurozone Investor conference numbers come out this morning at half nine. I have data them there In terms of corporate accounts in terms of economic counter that is the fourth option down on the market pulse It's a good way to keep an eye on to know what economic indicators are coming out As I mentioned UK industry numbers coming out tomorrow morning. It'll give you the forecast what's expected I'll give you the also the the previous month number as well Spanish CPI is going to be going to be relevant What's going on in Catalonia? That's on a Wednesday on Thursday as always We have we have the US initial claims from the United States. We also have some industrial production numbers out of the eurozone And then our Friday as I mentioned the big ones to watch out for on the early hours of Friday morning will be the Chinese trade numbers Also keep an eye on the events the webinars and events section of our of our website This is where you found the the webinar That I'm hosting at the moment On Wednesday on Wednesday the 11th of October on a couple days time. We have a webinar covering commodity trends That is at 1930 British summertime half 7 p.m. London time Well as always the Monday 1215 webinar hosted by myself is is is on every single Monday at 12 15 And then a Wednesday the 18th of October at 1930 British summertime 730 p.m. London time we have a webinar covering next generation foreign exchange I want to thank you for your time and appreciation Have a good trading week. Good luck, and please tune in next week. Thank you very much


Welcome to the Longmont weather forecast for the week beginning Wednesday, July 8th. I'm chief meteorologist John Ennsworth coming to you this time from the Glenwood Park Library. So you might hear some strange sounds in the background. This week the last quarter moon occurs on July 13th, Monday, and that's the wrong moon picture. Sorry, but I got to keep going. Moon rises at midnight and sets it just afternoon. Well, it's just going to get hot. I got to lead with the lead. There's a big high-pressure system setting up at the surface easily visible on this Wednesday map. But what's going on above is what's really going to dictate the heat. So we have a high-pressure center starting to really strengthen over northern Mexico with a ridge up into Canada. We've got a few lingering short waves wandering around, but they aren't going to matter much really soon. Okay, and that same pattern superimposed over the water vapor satellite image from Tuesday. You can see the reds and the oranges in the desert southwest and out on the plains. Moisture is getting cut off by this ridge as a little thread of moisture right up the spine of the Rockies up into Montana. Those allowed for afternoon thunderstorms on Tuesday. As for smoke, the fires are much more under control in the southwest and the air flows not such that it can bring much up into Colorado. So for Wednesday, we see the ridge is even getting larger. Here's the high-pressure center down here, northern Mexico still. There's a little shortwave cutting through Montana, but it's way far north of us. This is really part of that same ridge. By Friday, this will be our hottest day over the next week. We have the high-pressure center drifting northward into the United States. We are right under the spine of this thing. Again, a little bit of shortwave action going up in Montana, but this is a lot of air piling up and sinking, compressing and heating. Just as a snapshot for Friday afternoon, the temperatures are above average, nearly statewide. Right here, downstream of the Rockies, see a little belt of even warmer air. Some of these temperature anomalies are approaching 20 degrees above normal. And this is because in addition to the sinking and compressing of the air over the entire region, we're getting some downslope flow. We have sort of a weak west to southwest flow. So heat on top of heat. For precipitation over the next five days, maybe a few afternoon showers out on the eastern plains, we are high and dry in the mountains and front range. Looking all the way out into next week to see what we're in store for, and we're in store for the same pattern. There's the high still in New Mexico, giant ridge, extending up into the United States. There's a passing strong trough up in Canada and Montana and the Dakotas, but it really isn't going to be close enough to do anything to us or for us. Looking at the 10-day GFS ensemble, the normal high temperature is now 90 at the beginning of this period and just maybe climbing a degree or so. The nighttime temperatures are starting about 53 and still climbing a little bit. We're starting to peak in the normal high and low temperature extremes for the year. The actual temperature forecast here shows it popping above normal almost every day, with nighttime temperatures far above normal, kind of fit an average temperature through this time period, and the weekend is definitely the hottest time of this next 10-day period. As for precipitation, there's almost nothing. So looking out, we have not seen a graphic like this in this briefing yet. With 100-degree temperatures, 103 on Friday, 102 on Sunday, it is just going to really roast and chances of rain are nearly zero until maybe early next week might get just enough moisture for one shower someplace in a county nearby. For more frequent weather updates, take a look at the Longmont Leader at LongmontLeader.com and get local news. This has been Chief Meteorologist John Insworth. Keep looking up.


Yesterday, I just helped the chief portal officer and startup CEO to prepare his interview with OpenAI as a product manager. As the hardest company right now, OpenAI remains the hardest question to get in, even harder than Google matter or the fan company. If you're also preparing for OpenAI interviews, there are three things you need to do. Number one, get ready to be asked any AI related question. But it's not about how technical the questions are. It's more about your understanding of the future strategies of AI and the latest trends regarding AI. Number two, get ready to answer product design questions related to AI. Most likely, those design questions will be used in AI solutions. Number three, they will also ask you product execution questions. For example, what's the success metrics of an AI product? I even made my own secret framework to answer these questions. Check out the playlist right here to learn more.


Hello, my name is Brenda Becerra. I am a Mexican American. My previous religion was Catholicism. There were so many doubts that I had with my previous religion that just didn't really add up. I was born and led to not asking questions and it was a sign for them for disrespect. And I obviously did not want to disrespect my elders. As far as finding Islam, I had very great friends that led me to Islam and asking questions was not a bad thing. The more I asked questions of my doubt that I had, everything seemed like everything was coming up. It made sense to me. There is one specific thing that I definitely knew that I was just like, this is the right religion for me. One of them is growing up at a Mexican household where alcohol was allowed and Catholicism allowed it to be allowed. That being said, it led to a broken family and I just knew that if a religion allows it, it was just not the right one. And so Islam, as much as I started doing my research for over three years, I was able to find out that all the things that I believed was wrong and was not leading me to be a better person, Islam was doing the opposite. It was leading me to be a better person, peace, definitely so much peace within me. It's still learning and I'm looking forward to learning more every day. We spoke briefly earlier and Brenda you were talking about how during this past year in COVID you were reading from the Quran and you had mentioned that certain things were being revealed to you. Yes, definitely. So previously, I would say around three years ago, I was attending Sonoma State. I was attending Sonoma State, depending on my last year. Previously, when I was going back to LA, I was going through a rough time with family. I had to go back home to take care of my family and it was a very hard time for me. I was given a Quran as a gift during those difficult times and every time that I was going through a difficult time, I would just open it. I would pray and I would talk to God and I would open the Quran and when I would open the Quran, whatever page I opened it to, that page I would read and automatically I just got a message from Allah. It was crazy because whatever I was feeling, whatever I was going through, that page that I landed on, it was exactly what I needed to hear back and that there was just like, I have to come to Islam. Brenda for sharing. These words are so inspiring for all of us and they're reminders for all of us that it's a two-way conversation. As you said, you were in a need and you asked Allah for guidance and just by opening his book, you found that. The Quran is absolutely a book that all of us gain guidance from and we should be reading it every single day. It's a really powerful reminder to never close that door. Allah is communicating with us through his words and that we have to take that first step. The first step is to ask for guidance, which is what you did and that's why you're here and I want to thank Brother Masih who's here in the background as well because Mashallah was his efforts that led you right to this discovery.  As you said, go Mashallah, it was the sincerity in your heart that after three years of pursuing God that you are standing here before us and we're all so honored that you chose this community center and we hope that you will be a part of this community, you are part of this community. As far as I'm concerned already, I just met you a few minutes ago but Mashallah, the hearts are connected and honestly, this is ceremonial, but your faith was confirmed the moment you accepted Allah in your heart and the prophet said, I'm in your heart. That was when your firm in your heart. This is more just because this is what we do. Once you make the testimony of faith now, it's a public display but you're already a Muslim, right? So what we're going to do now is we're going to, I'm going to read to you the Arabic testimony of faith in Arabic word by word and you just repeat after me. We'll do it three times and then I'll explain the meaning in English and we'll be finished and then you will welcome to this faith in a formal way here. Thank you. All right, this is the last part of the game. So first we say Ash Ash Hadoo An la wa ilaha lina ilin Allah Allah War Man Ash Ash Hadoo And the beginning. There was one time When we were going il Allah, il Allah, wa, wa, ash, ash, hadu, hadu, anna, anna, Muhammadan, Muhammadan, Rasul, Rasul, Allah, Allah, Taqbeel, Allah, Alhamdulillah. So what did we just say? I testify that there is no God, that there is no God, but God, and I testify that Muhammad, that Muhammad is the Messenger of God, is the Messenger of God, Taqbeel. So how did I welcome to the League of Islam, to the Community Sister Brenda? We're so honored again to have you come do that, just like we're welcome.


From what I understand ILE stands for immersive live experience. Yes, that's right Could you please explain to our viewers what that is because it's different than virtual reality, isn't it? Yeah, yeah, so Immersive live experience is a quite new world. So this time and in this meeting I We discussed the definition of ILE. So that is a quite a new world so the the concept of ILE here is So audiences in Remote site means not in event site can see other emotions the For example So world famous soccer game like World Cup So you cannot go to the stadium because the ticket is very expensive. So The some big such big sports event is is broadcasted to the On TV or Some viewing site so The ILE can see the as we the audiences in the event site using the Programming display and sound direction Lighting maybe in the future as smells and vibrations are also transmitted. So The audiences at the remote site can feel same emotions in the Event site. Yeah It seems a lot of these new technologies or multimedia technologies Usually start off with sports or entertainment. But what are some of the practical? applications of live immersion Yeah, so there are several directions the one is Sporty and I explained another one is a music concert and cultural event like Kabuki in Japan, you know Yeah, that is a totally traditional show another direction is lecture or Seminars so Very a famous person I cannot be attend the actual seminar but By using He His I can say He His image can be a transmitted to the remote site so the audience can see he's actually That's venue. Yeah Just to give an idea of the scale of the audience how many people for example could benefit from live experience How big are the screens? Yeah, that depends on the screen size. So In the NTD's experience About 100 100 audiences can see the same images. So what We also demonstrated as a very small size Yeah, so it is depending on the screen size and Coming back to the ITU. What kind of standardization work is taking place in this environment? Yeah, I think several key technology of ILE maybe a Has developed in the other SDOs, but In ITU T we have to standardize how to transmit the signals or Medias to the remote site especially in international connections ITU standardization is very important. I think Very interesting and as you know, we'll be having our upcoming WTSA for the world telecommunications Standardization Assembly in Tunisia. Will you be joining us there? Yes, okay And is there any key work in your study group related to ILE or other areas that you think will be discussed there? I'm not sure but In the next Upcoming WTSA the Study group structure will be discussed. So question ILE is also the One part of question The question organizations, so maybe I guess I hoped Technological services Can be more popular in WTSA person And is it already popular in Japan? Not so not so but MDT Dokomo Has some commercial commercial famous Yes using a killerly ILE services, yeah, okay Well, I look forward to maybe experiencing it one day and maybe I can attend a judo match here in Geneva with live experience Thank you very much. Yeah, thank you. Yeah, and I look forward to meeting you in Tunisia in a few weeks. Yeah. Thank you Thank you very much. Thank you