The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes at 1-877-927-6648 or internationally at<PHONE_NUMBER>. The Trader's Edge. Now, Steve Rhodes. Good morning, folks. Welcome to the August 31st. The wonderful Wednesday edition of today's Trader's Edge show. I'm your host, Steve. Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. Let's make sure we have an extraordinary one. The easiest way to do that, well, it's to always remember that life is happening for us, not to us. That's right. We do not make that one little two-by-four shift. It means we can find the gift in every set of circumstances that life is going to toss at us. Now, today, you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning. I do want you to know I am absolutely grateful for your presence here, but more important than that, that's this. We're in this next 53 minutes. I'm here to serve you. So feel free to pick up that phone. Dial on in at<PHONE_NUMBER>. And if you can't dial in, we've got you covered there, too. We can still answer your questions. Just give us a, send us an email, Steve, at tf9.com. Inside the subject, can you know if you'd be kind enough to put radio show question. Of course, inside our Tigers, then, will any in every ping will do. So let's go ahead and get this show started on wonderful Wednesday. Of course, this is Tiger, Financial News Network. Again, I'm Steve Rhodes. Welcome to the show. We've got a sea of red out here, just like we did yesterday. This one's not as bad, at least just yet.  That's three tenths, three tenths, three tenths, five, a half a percent, 1.8 percent out there, and the Trendy's down nine tenths, we're sent. Gold is off five bucks, 17.31 is a print. Silver down 35 cents, 17.93 is where she's printed. That lights we crude. 90.20 is the last priced. Natural gas is off two pennies at nine dollars, pretty much even. 30 Treasury up off three ticks, trading out a 136.22. Now the movers to the upside, shuttle pharmaceuticals up 82 percent or seven bucks. Baidu is up seven bucks or five percent. Facebook is up seven bucks, five percent. Charter communications, seven bucks, a little close to two percent. Netflix is up six bucks, nearly three percent to the upside. The shakers, umbrella ink down 15 bucks, 17 percent. Crowd strike holdings, 15 bucks, seven and a half percent. Lululemon, 11 bucks, nearly four percent. Land research about nine dollars or two percent. Broadcom down nine bucks, that's off two percent to the downside. So where do we want to begin? Let's go begin by taking a look at those daily equity future contracts out here. So we'll move over, we'll take a look at the ES, NQ, the Dow, and the Russell 2000. What we'll see here is the ES mini yesterday formed bar number eight of ATD nine count. That says ATD nine count bottom is likely to form between yesterday and tomorrow. Why? Because bar number nine will complete today. The only way that bar number nine would not complete is a rally beyond rallies out there, meaning that price would have to close above the bar number five's close. That close was 4201. Just doesn't seem likely that we're going to see that. So we should get a confirmed TD nine count bottom inside the ES mini, which will complete tomorrow because a lower low can form on the bar following bar number nine. And that's occurring right above or appears to be right above breakout support. So that should be a bottom that at least takes us up into the oscillator and change line. Currently printed at 4138. Of course, you and I know that that number is going to change as price moves up and down. The NQ did complete a TD nine count bottom yesterday or confirm a TD nine count bottom. You say today will be the completion of that. Again, there can be a lower low there. What the NQ should do is move up to the 12 915 ish area a bit above that the Dow much like the ES mini. The difference between the Dow and the ES mini is the Dow does not now equity future contract does not have a breakout level where prices pulling back to doesn't matter. You're going to form bar number nine today. The only way that that does not happen is a close above the close of bar number five. That close out there is at 33273. Again, not likely to happen. So the Dow equity future contract should also form or complete a TD nine count bottom pattern by tomorrow. The Russell 2000. The pattern that is in play here is an A to B equal CD to the downside or what could be a Gartley by pattern. But in order for that to come to fruition, the Russell 2000 equity future contract is going to need to generate a bullish reversal candle. That's certainly not what we're looking at right now. And if it doesn't create a bullish reversal candle, then price should go target that 180680 area that is its TD nine count breakout level. So the ideal thing with regard to at least some type of short term bottom market turn is that today tomorrow, we get a bullish reversal candle inside the Russell. You complete the TD nine count bottoms for the ES and Q and the Dow. And then we should be off to the race. Those races should take us up to those oscillator unchanged line levels out there. Now let's go take a little bit further deep dive into the equity future contracts. Let's start here, which one pops up on our screen is the end queue. So we already covered the daily the five hour time frame chart needs a bullish reversal candle to confirm a road's momentum indicator bottom price right now is below its red oscillator and change line. This bar does not complete till 2pm. But odds favor that price may go back and test the yellow from yesterday out there. That was at the price point. That was about two o'clock in the afternoon down to the 12 447 50 level. So that's a five hour chart. What we mostly know about the five hour chart is right now this 12 483 area is acting as resistance. It's really 12 562 50. I'm sorry 12 565 20 level. That is the real resistance zone for the five hour time frame chart in the four hour chart. It's the bottom of its profile 12 483. This has a confirmed road's momentum indicator bottom out there. But nonetheless prices below its red asset and change line that is always dangerous. Why because that tells you and I there's a falling price asset or below zero and that is a bearish condition. Directionally speaking we take a look at the 120 minute chart. Road's momentum indicator bottom price consolidating with inside its profile. So the question is will the end queue find support at 12. Whoops. Yeah at 12 to 50. I'm sorry. I'm trying to give you that number. Let me just expand this out that might be easier for Stevie at 12 288. So the question support should be a 12 288 and that's based on the 120 minute profile out there. 60 minute profile did form a TD nine count tops. What price needs to do today if there's going to be any rally is close above that high. That high out there is 12 491. Right now what price is doing is pulling back and testing breakout support 12 301 and a quarter. If you look at the 30 minute time frame chart out here prices trading below its breakout level 12 347. No bottoming pattern in play or anything along those lines. So price may be targeting the lows from yesterday. That's really the message for the 15 minute chart which is below 12 361. Really its message is to go target 12 280 75 next out there and on a 10 minute basis looks like you're going to get a TD nine count pattern that's going to confirm at 11 20 it's 11 13 as we speak right now. So overall what are we looking at out here well the longer term charts was a longer term longer term intraday charts five hour four hour two hour also just lower price. It's really I'd say it's really going to be up against the 12 288 number to be watching and 12 301 25 those things are taken out that that suggests lower price otherwise price right now this morning 11 14 is just pulling back to a support area out there. If you're a real aggressive trader you'd take a long position just about now based upon that 10 minute chart out there with price pulling back to these support levels on the 60 and the in the two hour time frame chart. Steve Rhodes with TFN will be back in just a few dows off 91 S&P down nine inflation. We are purchasing powers eroded. 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After all it's impossible to predict the future right? Like any endeavor in life before you decide it's impossible. Get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at tfnn.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave top-down sequence gives you an edge in identifying price turns. Finding the peaks and valleys in stock prices.  First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. tfnn.com. Educating investors. Steve Rhodes started his trading career as a student 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year. An amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his Mastering Probability newsletter. Steve's award-winning newsletter Mastering Probability is delivered every trading day with updates throughout the afternoon. Sign up for Steve's Market Newsletter Mastering Probability and you'll receive access to seven of Steve's educational webinars absolutely free. At tfnn all our newsletters come with a 30-day money-back guarantee so you have absolutely nothing to worry about. Visit tfnn.com and try Mastering Probability 30 Days Risk-Free Today. Tfnn Educating Investors. Toll Free at 1-877-927-6648 Internationally at<PHONE_NUMBER> You've got all the equity markets are trading to the downside right now. Dow is down 79 S&P is off 7.5 bucks out there. Let's go to our first question that is Kimman and folks I would love to hear from you so he gives call<PHONE_NUMBER> or send me an email Steve at tfnn.com We're going to look at charts here for CMPS CMPS is Compass Pathways PLC and the question is what is the question? The question is let's see here see if I'm in CMPS at 1540 took some profit off the table how does it look now so we're trading at 1661 so what price is doing yesterday what price was doing was testing at swing point from the trading day of August 22nd now that swing point has volume of 532,000 shares yesterday it pulled back with 569,000 shares so it was pulling back with volume ordinarily that would suggest at least testing the bottom of that swing point and that bottom of that swing point is 1508 the only way that that message would change really be a couple different ways one would be price closes above the high of 1755 the other way is price closes above the bottom of its profile yesterday was day one below this profile that's where the buyers are at that profile level that bottom is at the 1653 at mark we're trading at 1661 so to a certain extent G-man you need to wait to see how the day plays out now even if price gets back inside the profile out there it looks like you got kind of a sideways little consolidation maybe price makes its move up to that greenhouse and change line or the top of that profile 1798 when we look at a weekly time frame chart for compass pathways it did form a TD-9 count top out there and price right now is testing a level of support and that is the center of its profile both buyers and sellers exist at the center of a profile and that's at the 1577 level because this profile is bearish in structure on a weekly close below 1577 would suggest going to the 1118 area I would say 1253 to 1118 that would be the next area of support so in the monthly chart really not a ton of information out there because that's been trading that long so your question was how does it look now it appears as if it wants lower price and if it can take out that swing point which it wasn't able to do yesterday had the volume but if it did then you'd have an A to B equal CD to the downside so you're in it you took some profits off the table it took just some off of it you're in it 1540 so I would stay with the position and I would just have a stop in place out there I don't know where your stop is in place it might just simply be a close below that swing point from August the 22nd out there because if you do get a close and even if it's not with volume if you get a close below that 1508 area you still form an A to B equal CD to the downside and you've got that downside price target of its breakout level at the 1235 area and that adds to the weekly chart that's got that TD9 count top but there it's saying just pay attention to 1577 so gee man I hope that helps you out thanks much for the request and just giving, okay great you're welcome so let's go to the next request out here this is coming in from Duffy we'll get to your symbol A-V-E-O so let's get that populated on our screen out here and Duffy just basically I think just asked if we could just look at it but we're going to do more than that we're going to give our full analysis on ABO pharmaceuticals which right now is consolidating within its daily profile Duffy and that's between the range of 1757 that support was tested two days ago and that's the resistance which is at 914 and if price can close above its green oscillator and change line right now it's on it at 846 if price can close above 846 it's called 850 if price goes above 850 then the signal is that price should be able to make its way up to the 914 level the top of that daily profile if we look at a weekly time frame chart this does have a sell the D point pattern to complete that pattern last week when it formed that big old bearish shooting star on top of its weekly profile above a green oscillator and change line so the signal is neutralized even though you got a bearish pattern with price above resistance level it's very hard to call that bearish out there so really it's neutral and then I think Duffy all we really have to do or maybe all we should have done to begin with is look at the monthly chart because now that we look at the monthly chart you tell me where is key support and where is key resistance could not be clear you're in a monthly bullet structure profile price has made its way to the top of that monthly box that is at 851 we're trading at 846 we have not seen a monthly close above 851 you're at 846 boy you would love to end the month of August that is today at 4pm above 851 that would then suggest that price is getting ready to add higher of course you got to take out the resistance established by that bearish shooting star and that level up there is at the price point of 937 but if you close above 851 you head to 914 maybe get up to the actual higher back end and maybe even take it out so Duffy I hope that's the information that you were looking for on AVO pharmaceuticals thanks much for the request out there let's go take a look at the BTAI for Dan inside the Tigers then BTAI let's get that up populated out here BTAI and Mr. Bill I do see your request out there for the XLYXLP I'll try to work on that during the break out there so I'm not ignoring your request that just takes a little bit more time to put together that ratio and maybe take a look at that for you so we'll most certainly do that with regard to biaxial therapeutics out here biaxial therapeutics did what? well the first thing that it did was it negated a TD9 count bottom pattern it did that on August of 26 so four trading sessions ago so this is suggesting that maybe there's an A to B equal CD to the downside however if that's true we need to see a close below the low from August the first and that low out there Dan is 1365 so if we get a close below 1365 then we'd have an A to B equal CD to the downside that would give us a price projection or the first price projection I would say the one to one level would get us to 1281 below that would be 1195 and below that would be 1084 now you're not seeing that on the screen that you're looking at you're seeing it on my other screens out there we already had the A to B equal CD pattern drawn in but we don't really have confirmation of that just yet because we have not seen a close below that low we've seen price flirt with it intraday again that low being the 1365 level we don't have a close below that area now to the upside what are we looking at well I'd say that price needs to close above 1439 really 1440 1455 then your next battle grows it's got battles it's got a battle of 1414 1439 1455 and 1497 you got sellers in each of those different areas and a price can take out the 1497 that would be a beautiful thing but then you have one more round of sellers and that's at the TD9 account breakdown area at 16 bucks even Steven on the weekly chart out here it just appears that price is trying to pull back to perhaps test that red oscillator change line at 1242 it does not need to do that but as long as the daily chart stills blow profiles and you can see the oscillator change I recently changed colors out there price in that line should catch up to each other I like the monthly chart because it's got a nice TD9 account bottom out there so your question was just simply if we have time this is a coin toss right now could turn into an A to B we'll see it in the downside has not confirmed that just yet and your below support level so just be careful out there could be making a move to the 1243 level see roads with TFN and we'll be right back if you want to take advantage of this sector now is the time to subscribe to my gold report the gold report is a comprehensive look at the metal sector as well as the markets that move gold which is the currency and bond markets new subscribers get a 30-day money back guarantee so you have nothing to lose every Monday morning I publish the gold report with coverage of gold, silver, bonds the XAU, HUI, GDX as well as more than 30 different mining equities to see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting tfnn.com don't miss out on the next great gold trade sign up today tfnn is excited about our new software charting program the art of timing the trade charts in collaboration with Tom O'Brien and using his best selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any trader's methodology using this first of its kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci formation setups including guardleys, ABCs, butterflies the art of timing the trade charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find and right now we're offering licenses available at only $79 a month we are so confident that you're going to love this new charting software that will even give you a 30 day unconditional money back guarantee don't miss out on this incredible new piece of software get your copy of the art of timing the trade charts today by visiting tfnn.com every market day from 8 30 a.m. to 4 p.m. Eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert hosts to help you make the right moves with your money watch online at tfnn.com or on tfnn's YouTube channel and become the investor you were born to be tfnn educating investors this segment is brought to you by think or swim for more information just click the think or swim banner on the front page of tfnn.com welcome back folks we had a request inside the Tiger's Den from Mr. Bill Mr. Bill wanted me to take a look at the weekly time frame chart for the xlyxlp ratio so the bottom panel of the chart here takes the xly divides it by the xlp gives us that ratio out there and what we're looking for here now I know Mr. Bill uses this xlp as a staples well xlwazd discretionary tips looking for people not spending on luxury when they start their ratio flips so at this stage here then if that's what you're looking for that ratio certainly has not flipped it's pointing to the downside I know one of the things that I look for here just simply in the past we've looked for our divergent type patterns out there to make us alert that there may be something that's out of whack and there might be a change in trend and we don't have that pattern either but if you were looking for the flip inside the weekly time frame xlyxlp it's just simply not there so thanks for that further explanation I hope this chart helps you out if you need something else please write back to me and I'll be happy to get that the next question is coming in from Wanda Wanda R writes in please analyze gold WR out there so let's go change our screens give me a moment we'll do that we'll pull up the daily and the intraday charts here for Goldilocks so let's do this so on the daily time frame the daily time frame Wanda could be sending a signal to UNI that price wants to make for its TD9 account breakout level that's priced at 1696 now remember maybe you don't remember but what this does not show and I don't have the weekly time frame chart so I'm just going to share that with you at least the information if you give me a moment I'll get over to it come on Stevie where is it but I believe is that that price is also testing or close to testing the bottom of its weekly profile yes and for the December contract that number is 1716 so if price were to close below 1716 60 Wanda then odds would favor a run for the breakout level of 1696 now we don't have that pattern just yet the five hour time frame chart is a temp uniform erodesment demindicator bottom pattern what it needs to do is close above its red oscillator and change line out there now if we can do that Gold would then have a battle at 1743.70 if price could clear 1743.70 then the next battle would be at 1764 1772.30 the four hour time frame chart has a TD9 count bottom that suggests that what Gold needs to do is close above that red oscillator and change line if all it does is test it and then rejects it that's kind of a normal occurrence when you form a bottom pattern is getting up to its oscillator and change line a normal occurrence at a topping pattern is getting down to test that oscillator and change line so you're really looking for a close above the 1732 mark out there Wanda for Gold to give you the suggestion it's bottom but it's got a battle at 1743.40 1749.80 1755 and 1767 so it's got its work cut out for it on the four hour time frame but the first things first price must close above that oscillator and change line on a 120 minute time frame chart out there I don't show a bottom signal nor do I with the 60 minute time frame chart on the 30 minute chart we do have erodesment demindicator bottom we have a TD9 count bottom price above its oscillator and change line price above the top of its profile this suggests a test of the 1736.70 level that is a TD9 count breakdown pricing close above that that suggests that price should continue to move higher 15 and 10 minute charts they both had erodesment demindicator bottoms the 10 minutes one that identified the top with a TD9 count pattern price right now then what price did was it went back pulled back and it tested that green oscillator and change line after to change colors that's a bullish message but really to have a bullish message for a 10 minute time frame chart price needs to close above its TD9 count top the TD9 count high out there is at the 1735 40 level and above 1735 40 you'd have another battle and that's at 1736.70 so really you're looking for a close above 1736.70 for the 10 minute time frame chart now I have no idea what Rhonda trades with regard to timeframes out there but that is your basic overview so how do we summarize this well gold is absolutely trying to form a bottom certainly so with regard to the 5 hour 4 hour 30 minute 15 and 10 minute charts out there so that's enough it doesn't have to form intermediate term but something's going to change trends I'm not saying this is changing trend here it doesn't need to show those bottoms in every single interday time period that we show out there and it's got to covered for many of them so Rhonda I hope that that helps you out thanks for taking the time to write in Cumus writes in this is cause he writes in and he says can we take a look at Google for an entry point so let's go back to our three time frame charts out here cause and we'll take a look at Google G 00 G out there we got to let this populate what you will do here momentarily and then we'll be able to see if we can find an entry area into a Google so Google forms a TD nine count bottom yesterday that pattern will complete today it's also in change line recently changed colors we just went through this on a short term time frame with gold so where do you think price is likely to head to exactly the oscillator and change line around the 114 72 mark out there so that's what that tells us the weekly time frame chart has a by the D point pattern and the monthly time frame chart has a TD nine count top but price had pulled back into its bullish structured monthly profile into its by zone which was between 97 97 and 108 83 so your question is look for an entry point well if we take a look at the 30 minute time frame chart here for Google here's what we see so as soon as it expands out there we go so we can see that at exactly at 11 o'clock yesterday the 30th what Google did on the 30 minute time frame chart was formed a roadsman to mitigate her bottom when it generated that bullish hammer candle it then took price up to 111 37 its breakdown area that acted as resistance price right now is testing support or did on that last 30 minute chart 30 minute bar that was the top of its profile 10 06 so your entry point could be right here right now you could wait for price to close above 111 37 for a confirmation out there or close above 12 47 for a confirmation but you've got the 30 minute bottoming signal going along with a TD 9 count bottom for the daily time frame and so what if this is going to be a bottoming Google price should not take out yesterday's low serious top we need to be below that so I hope that that helps you out cause thanks much for taking the time to write in and best of luck to you whatever action is that you do take out there and that was for Google we've got a request inside the Tigers then from me guppy this morning Devin Phil so let's go to put in the ticker symbol dvn and let's let this populate here and the question is this morning dvn Devin energy filled the gap it created last week about strongly do I see even an energy all natural gas in general going higher from here okay so that's a loaded question so when we take a look at Devin energy you get rid of this blue line out here what do we have so clearly an A to B equal CD to the upside and that was confirmed with a bearish engulfing candle on the trading day of August 26 out there that says in order for this to truly get its mojo back price needs to close above 74 87 and above that you've got sellers are sitting in the 76 23 mark now a price did do was it pulled back tested it's green oxidant chains on both yesterday and today so this is still bullish but prices right now with inside his daily profile so we're going to call it a neutral type of signal out there the monthly time frame chart price pulled back that I've said the weekly time frame chart this week price pulled back tested and rejected it's a green oxidant change line no top there that remains bullish you do have a teeny night count top on the monthly chart but price above its profile above the green oxidant change line so that's bullish to neutral out there so we got a lot of neutral signals here inside of Devin energy that did not answer your question do we see energy oil natural gas in general going higher from here so we come back to this break we will go take a look at oil as well as natural gas the road to tfn right back you might think that if you want to be successful trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at tfnn.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening 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services LLC this program is brought to you by vista gold traded on the NYSE American and TSX under the symbol VGZ welcome back folks so we're taking a look at the charts here for the weekly chart we're going to focus on the weekly chart here first so the question is inside the tiger's den do we see energy oil natural gas specifically going higher from here so the weekly time frame chart has generated a weekly TD nine count bottom did that two weeks ago what price should do here is it should at least go target I think it really came close to doing that this week so far but hasn't done that completely please get up to test that and change line that currently is printing out at ninety eight ninety eight and a price can close above that then price would make a run for one oh six sixty three to one oh eight oh seven so the weekly chart says yeah I'd like to move higher the monthly chart says you know what I've got a sell the D point pattern it's got that bearish shooting star candle that formed out here that was back in the month of March of this year price finally took it self back to its greenhouse that are in change line it is tested and rejected that level as long as price remains above it currently eighty seven forty seven it's a neutral signal it's not a bearish signal it's at least a neutral signal so neutral monthly bullish weekly the daily has a by the D point pattern it's got a couple of those and price right now is just consolidating with inside its daily profile between eighty six fifty one and ninety four seventy three now two consecutive closes above ninety four seventy three would answer that question for you McGuppy which is that you continue to move higher so the weekly says higher you got some battles up ahead the daily is just a consolidation the thirty minute has a teeny nine count and roadsman communicator bottom this says at least on a thirty minute basis price should make its way to ninety two sixty eight the teeny nine count breakdown area price can clear that then it moves to the next breakdown level next breakdown level on a thirty minute chart would get you to ninety five oh four sixty minute chart I don't think it completed native equal cities no bottom pattern there still looks like it's bottom same thing about the two-hour time frame chart price finding resistance potentially at the outside and change line right around we're trading right now around ninety one thirty two is where that is located teeny nine count bottom on the four hour time frame chart and not much on the five-hour chart so we do have some bottom signals out here I didn't mean to do that dang it Stevie why did you let me see if I think I did do that which was closed out the five-hour time frame chart okay so I did and I know a way around that so I can't go back to that time frame chart but to answer your question first with regard to does it look like lights we crude wants to move higher the answer is yes but what I don't know what we don't know is what's going to happen as it hits those resistance levels that you and I have taken a look at out there so I hope that helps answer your question for lights we crude just close this out here without saving this that way I won't have screwed up losing that chart and now we'll go take a look at natural gas out here I know this is gold showing up give me a moment we'll get to the natural gas charts in the case of natural gas you're coming to at the end of the month and the resistance for its rose mint and mitigator stop still is in place out there and that high that it needs to close above on a monthly basis nine dollars and fifty seven cents has not done that if it was able to do that then that would be telling us our price wants to move higher right now potential on a weekly basis you could get a rose mint and mitigator top but prices held the support of its green oscillator change on it eight eighty so we need to really come back and take a look at the end of the week here but so far that high has not been taken out so you're up at resistance we take a look at the October contract out there October contract I'm sorry the daily time frame of course look at the October contract it's got a TD nine count top and prices now consolidating with inside the profile that's between a twenty two and nine forty seven thirty minute charts got a nice bottoming signal out there rose mint indicator bottom as does the sixty the a hundred twenty needs a bullish reversal candidate to confirm its rose mint indicator bottom signal out there there's a TD nine no you don't have that on the two forty five hours pulled back to support so it's holding well considering the fact that it's up at resistance on the monthly and weekly charts and a TD nine count top on the daily time frame chart so my guppy maybe that's telling us something but one thing I know for sure that it's telling us is resistance is held at this stage of the game and you know the expression you can't bust them up you try to bust them to the downside so hope that helps you out both with regard to natural gas and lights we crude as well as Devon energy thanks much for the request and have a wonderful Wednesday let me see if I've got some oh there was some request from inside the Tigris den this one from jambalaya and jambalaya wants to take a look at two different instruments so let's get back to our Exxon mobile is one of them and we take a look at Exxon mobile this confirmed a sell the D point pattern yesterday at least I believe that it did here's the A to B let's draw that in here you say to be and then we'll just simply go ahead and take this line move that over to our C to D line out there yeah maybe it didn't you know is that too far away from the high I'll say yes does it matter well of course it matters out there because it matters with regard to our interpretation but so what are we going to do here from an interpretation standpoint well we're going to do with regard to Exxon mobile is go take a look at its profile levels for the daily time frame and here we can see that price for Exxon mobile is trading where below the bottom of its daily profile just by a smidgen now there's a new profile that formed a couple days ago it's kind of hard to see out here you can see the top because you see the black digits 99.91 so we know that that is the top of the profile the center is at 98.11 and the bottom is at 96.27 we're basically printed at 96.27 out there if price can close back above that level then a key level of support will have held and if Exxon mobile closes below the bottom of the profile and it does the same thing tomorrow that is suggesting to you and I that price would want to move lower now move lower to where well the next lower level on a daily time frame jambalai is down at 85.21 that is not what I'm saying I'm saying I said that but it's still not what I'm saying now you really confuse me I'm not saying price can ahead there just yet why because we go take a look at the weekly time frame chart look for other support levels well turns out the weekly as a road smidgen indicator top that was many weeks ago took price to support completed its task that was getting back to 81.92 you're above the top of the weekly profile out there you don't have another topping signal other than the one that already was in place out there so this looks like Exxon mobile wants to move higher well if it wants to move higher that you and I know the pressure be able to take out the bottom of that profile and that is to close above that 96.20 what was it again shoot I don't think it was 28 might have been 28 I'll give you the exact number 96.31 96.31 is the number out there the monthly time frame chart has a TD 9 count top out there the price is basically just kind of moves sideways from a monthly perspective out here it's above the top of its profile it's above its green uncertain change line so monthly is neutral weekly is bearish and the daily we need the day to play out here jambalaya before we can make a call really need to see tomorrow's candle session as well so hope that helps you out with regard to Exxon mobile you also want to take a look at tick symbol B I O X so let's get those charts fired up on our screen see if maybe we can be more helpful with regard to BIOX which is Bioseris Corp Solutions Corp which is right now consolidating as we can see with inside its daily profile that's between a range of 1306 to 1505 what do we have here so price made its way up to a second TD 9 count down there where it found that resisted to 1466 I think right now I don't have any kind of topping pattern you know there's no A to B CD that is completed at least I don't believe those even if I use the the conservative one out here here's a to B and we move this over I believe that clicks visually doesn't look like it to me but let's just make sure there's C to D all Stevie was wrong not the first time BIOX has a sell the D point pattern we'll take a further look at this when we get back to this break Vista Gold owns and operates the largest undeveloped gold project in Australia the Mount Todd Gold project Vista Gold just completed their feasibility study resulting in a 7 million ounce gold reserve Vista Gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives and in completing an accreted transaction. Vista Gold trades on the YSE American and DSX under the ticker symbol VGZ Vista Gold executing a strategy to create shareholder value you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman in your inbox every day first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up TFNN.com educating investors everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the Fibonacci 24-7 newsletter at TFNN.com when you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis after all he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking expect notifications from Larry on market movement you need to act on at any time first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up subscribe to the Fibonacci 24-7 newsletter today TFNN.com educating investors TFNN has launched the Tiger's Den hosted at Discord TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours the Tiger's Den available to all Tigers and Tigresses for just $1 for the year there's no cash or added costs when you join our community of traders sign up today and become a part of this educational community of traders just visit the front page of TFNN.com Welcome back so we're taking a bio serous crop solutions corp out here which did complete a TD9 it did complete a sell the D point pattern about five days ago when it formed a rubber candle so odds favor that price net oscillator and change line Jumbalaya will catch up to each other that's currently printed at 1357 and that's saying it gets exactly at 1357 that line might move higher as price moves sideways up and down but that price net oscillator and change line have a date with each other the other charts the weekly and the monthly are not provided with a ton of information other than the monthly has a clear picture of a consolidation pattern that's between the bottom of his profile 1027 and close to the top of the profile at 1666 they didn't want to do the 666 double kind of thing so it's just slightly below that area so you got a big sideways consolidation out there between that range price should pull back to the 1357 level out there I hope that helps you out both for ExxonMobil and bio serous corp out there so thanks much for the request now I believe that I have gotten through all of the request out there which is a beautiful thing so now let's go back and take a look at well can we do this let's go back and take a look at the that's the gold charts the NQ charts let's see if I get these here populated real quickly 922 you may recall as we began the show I said if you are an aggressive trader now is probably the time to take that long position inside the NQs and so far that signal has paid off and of course what we used out there was a TD9 count bottom frame chart while price was pulling back to support areas in the 60 minute chart as well as the 120 minute time frame out there so if in fact so that piece of the work has been done on the bottom the question is how we know if this rally is going to continue and last through the day well if price can close above this one level that is called 12 491 then odds favor the answer is yes and where is price targeting in the NQ it should go target that change line in the 12 915 ish area out there so folks thanks much for joining me on wonderful Wednesday I hope you'll be back on terrific Thursday I want you to have a great day out there be safe and we'll see you soon take care now


Appalachian Wireless is Appalachian Advantage. Unlimited text talk and two gigs of data for as low as $45 a month. Or if you like, get five lines on eight gigs of data for just $145 a month. Sea store for details. Better service, bigger savings. That's today's Appalachian Wireless and East Kentucky Network Company. Kentucky Power has been in the news pretty frequently in the past several months. One reason has been because of a rate increase the company has asked the Kentucky Public Service Commission to approve. But another is for the hundreds of thousands of dollars in economic development grant money being handed out by the company. And many people who are upset over the proposed rate increase are questioning the large grants that customers are helping fund. We do have an economic development surcharge on bills. Currently, you know, customers pay a certain amount and actually people don't realize this but the shareholders then match that amount. So we get double the bang out of that. And the reason we think that's important and success has already shown it is we're able to reinvest those dollars directly in our community. Kentucky Power President Matthew Satterwhite explains the declining coal industry has cost thousands to move from eastern Kentucky, which is one of the reasons for the requested rate increase. And he says the money that helps fund the grants is needed to create new jobs and bring those people back home. And that goes into making sure our industrial parks are strong enough that they can compete with all the other states. It goes to sending economic development directors from our different counties to economic development school. What we found is that someone comes in and they're from overseas, they don't have the difference between Kentucky and Kansas. And we just didn't have a consistent way to educate everyone to make sure we start off on a strong footing to really get people to the second meeting. He says by getting new business to locate here, the issues surrounding the requested rate increase will solve themselves. At the end of the day, you talk about rates and you say, how are we going to get past this? How are we going to stop having rate cases? Well, it's not by having more and more customers leave. We have to have more and more customers come in. We have to have businesses come in. We're all in this together. We're an eastern Kentucky company. We're not the disease. The disease is the economy, but we all need to work together and stop pointing at each other internally and row in the same direction and get out of this. Tomorrow, Kentucky power President Matthew Satterwhite will discuss the rate increase that his company has asked for and he'll address many of the questions that customers are asking. In Pikeville, I'm Shannon Deskins for EKB News.


Good afternoon. I'm Adrian Dix. I'm BC's minister of health and I want to start by Respectfully acknowledging and recognizing the territory of the Lekwungen speaking people the Songhees and the Esquimalt First Nations I'm very pleased to be in the press Theater of the legislature today with some special guests for a very important announcement that is I think Significant and very close to my heart and their hearts as well I wanted to say that Mabel Elmore the Parliamentary Secretary for senior services and long-term care and the MLA for Vancouver Kingsway Kingsway, I'm the MLA for Vancouver Kingsway, right? You're the MLA for Vancouver Kensington. That's really good Nola Galloway the president of the independent long-term care council's association of BC Kim Slater the founder of the family councils BC past founder and chair of Vancouver I owned Association of Family Councils and Heather Stuckey via Zoom Chairperson of the Interior Association of Family Councils. I I am very appreciative to have people here from all over including the office of the seniors representative and others who have worked on these issues over time I think the long-term care sector is Something that has been central in our thinking for this period of the pandemic people have genuinely Struggled I know this because we've had family members in long-term care personally and I know this because of the many discussions I've had in evenings with family members of long-term care who are expressed Sometimes their frustration and sense of loss that a critical time in their loved one's life during the pandemic They weren't allowed to visit or the circumstances that we've gone through together. I strongly believe I strongly believe that We need to respond To what happened in the pandemic in long-term care by measures to make things better that long-term care and Other forms of senior care, but particularly long-term care So much in the public mind a little while ago and not as much now in our discussion Should stay focused and that there is a debt owed and improvements that are required and need to be made the voices sometimes of people living in long-term care sometimes because of their circumstances I would say are discounted Sometimes their family members find their roles Limited and unable to influence things that are fundamental long-term care homes are not just health facilities Although they are They're also people's homes and we need to act that way as we would in people's homes whether it's in an apartment or a house Anywhere in BC We've of course taken a lot of steps in long-term care To improve staffing our age cap initiative. We promised 7,000 new hires in long-term care and In fall of 2020 and we've met that challenge and we will have passed the 7,000 number Before the end of this fiscal year, which is when we said we'd do it more than 6,500 both in the age cap program and in terms of infection control and other activities that have taken place we're building more long-term care beds in all parts of the province and We've moved to improve staffing levels to meet the provincial staffing levels that we all need to meet But this issue that we're addressing today that of the role of residents and the role of families In what goes on in long-term care facilities in particular Is is a central one and one that a lot of us have worked less and a lot of time thinking about But we have not Done that made the changes required to ensure that family's voice and Residence voice is fully heard and In many places of course many long-term care homes. That's not the case Residents voices are heard and you hear that but not everywhere not all the time and the role Has an element of the voluntary as opposed to the necessary and it is necessary So the person who's been working on this On behalf of the Ministry of Health the person who's been making this happen is my colleague from Vancouver Kensington The Parliamentary Secretary for senior services Mabel Elmore and it's my honor to introduce Mabel now to make the announcement Thank You Minister Today I'm honored to be here on the unceded territory of the Lekwungen people Known today as the Esquimalt and Songhees nations to talk about how we're taking another step to improve residential care in long-term care facilities for residents Many of whom are vulnerable seniors The pandemic has shown us how residents in seniors and long-term care homes are intrinsically more at risk of infectious diseases And how the weaknesses of our long-term care system such as workforce challenges Have implications for residents in their families In the past two years I've heard from constituents who are family members of seniors home residents people working in these facilities and advocates Who are asking for reform to the long-term care system? They've shared with me in valuable first-town experience Related to the long-term care homes and ideas for how to make things better Most important of all they wanted the government to take steps to address the concerns for the quality of life for residents in these facilities Where they call home? We agree that it's vital for government to make sure residents voice is Being heard when it comes to decisions about how the long-term care is operating to improve their quality of life To help overcome feelings of isolation and to give them a sense of family and a belonging to a community This is vitally critical With that in mind, I'm excited to announce that people living in long-term care homes and their family representatives Will have more input into issues that affect their daily lives as a result of changes To the residential care regulations relating to resident and family councils a Resident and our family council is a group of long-term care home residents and or their family members who meet regularly to promote the collective interests of residents and To discuss issues of concern Similarly like a strata that many are familiar with Councils may include residents family members and other representatives who act on behalf of residents We're doing this so people can be more involved and Those with lived experience can be at the table when it comes to promoting quality of life Resolving problems that arise and providing input to the management of the long-term care home Currently some families may feel they're not able to participate in a council Because they live in another community and cannot easily attend in person They may not also fully understand their rights and entitlements in long-term care That is about to change The provincial government will strengthen support for councils through a number of measures This includes requiring operators to meet more frequently with a council As well as ensuring councils can have opportunities to meet with operators when preferred Additionally health authorities will oversee the formation of new regional resident family councils These regional councils will have representation from individual councils and will meet to discuss systemic issues and share information These networks will meet at least twice annually to share information and discuss issues with residents and families As well the ministry of health will continue to engage with health authorities the BC care providers association and the denominational health association About how to enhance the councils so there is increased communication and collaboration within all licensed long-term care homes The province is also ensuring facility operators collaborate with councils for the common good of all residents And that there are opportunities for them to learn from each other about what works well What challenges they face and how they can best collaborate to resolve issues And there's more The ministry of health will lead a provincial committee with representatives from each regional network to focus on addressing provincial level issues This new approach will ensure increased collaboration and communication And ensure members have more access to support information and can have open and frank conversations about their experiences This is so important And I think this is good news for people who are in care homes and their families and I look forward to watching this progress As I mentioned at the beginning of my speech that I've had the opportunity to talk to people around bc About these issue about this issue And the minister mentioned in reference the many families and residents that he's talked to have also had the opportunity to meet families there was During COVID-19 we would visit Outside of care homes to show support for health care providers at at 7 p.m and also hearing from family members about just the difficulties and challenges of providing a care and comfort to their loved ones in care homes and the real need and desire to be part of The equation and to really contribute to ensuring that the quality of life for their loved ones Is uh is enhanced So today's announcement is a result of the input from community members The seniors advocate and our personal experiencing experiences supporting our loved ones in long-term care homes during the pandemic It's also a result of the hard work of minister dicks and staff in the ministry of health In conclusion Making sure residents in long-term care homes have the best quality of life possible is a priority for our government And i want to take this moment to pass along a couple of very specific thank-yous To members of the independent long-term care councils association of bc Thanks for your uh steadfast advocacy They were previously known as family councils of bc And to the members that belong to the action for reform of residential care association Commonly known as arc bc Thank you for your comprehensive your unending advocacy and your participation to make this a reality All you've been passionate on this matter and for that we are very appreciative We listened And we took action We also respect your role as valued partners And we look forward to taking the next steps in this critical project We know that resident and family councils have an equal stake ensuring that residents and loved ones in long-term care homes are adequately supported that they're part of the care team and that with this announcement We recognize their important role and look forward to continuing to build a long-term care system ensuring that our seniors receive the quality of care that they deserve If they live in their homes if they live in community if they live in long-term care homes And so to this our government is committed and i'm very pleased To announce the additional support for resident and family councils to ensure that they participate fully In building a quality of care for seniors in our long-term care system. Thank you Thank you very much Mabel and I think This issue is one of agency That people need to have One of the reasons one of the things we've advocated for a long time prior to becoming Government as MLA's was changes to the first available bed policy and those changes were made And they're very few times That I have received on a particular issue So much so many people coming up to me most recently in a savon foods On main street in vancouver and saying that change meant the world to people giving people in a system which does not provide much control And where our circumstances are diminished More control and more voice is a necessary step to both reform of the system But also to treating people as we would all want them to be treated And we've had I think and benefited in this area from strong advocacy From from family councils across bc existing family councils and groups of family council organizations Who've worked often with the seniors advocate in the office of the seniors advocate To to demand And indeed seek the very changes we're talking about today And so it's a real honor for me to introduce nola galloway president of the independent long-term care council's association of bc nola Thank you. Mr. Dex Hello, my name is nola galloway My journey in the long-term care system began when my dad entered care in 2009 Within a year joined by other families from our care facility. We established an independent family council I believe that independent family councils are essential contributors to collective efforts Aimed at improving quality of care and quality of life for long-term care residents The covet experience heightened the importance of long-term care residents and their families having a guaranteed voice In decisions that affect them Families felt helpless as decisions were being made that tremendously impacted them and their loved ones in care Yet they had zero input into those decisions In early 2021 Under the leadership of kim slater a long time advocate working to empower the voice of residents and families family council members from independent family councils across bc banded together First establishing an association of family councils in every region of bc And then establishing a provincial association family councils of bc in early 2022 Their purpose being to collaborate with the health authorities and the ministry of health by bringing forward members Member councils experiences concerns and recommendations to be discussed and addressed the provincial association Just recently incorporated under the legal entity of independent long-term care councils association of bc Not having detailed ministry of health protocols in place to encourage and support independent family councils has made it challenging For independent councils to be as effective as they could be But the initiative today Should alleviate some of those previous challenges We express our gratitude to minister dicks and parliamentary secretary naval elmore and to the ministry of health For enhancing and strengthening independent resident and family councils to elevate their voice Creating avenues for residents and families and then their voices elevated not only to the long-term care home operator But also to the health authority and the ministry of health As the president of the independent long-term care councils association of bc and on behalf of our members We look forward to working collaboratively with the ministry of health as a valued and essential stakeholder In the long-term care sector The announcement today will resonate Profoundly with all those who have been calling for a guaranteed voice for long-term care residents and their families for years Thank you So nola gave kim some hype. So that's good news. That's good news. We're and so it's uh, I think it's fair to say that um, and I just say this from both personal experience And from uh, the experience that many people have talked to me that when a family member is in long-term care Whether before the pandemic or now one's bandwidth for advocacy Is a more limited And it's been people like kim slater that have made a real difference Not just in the achieving what is being achieved today But in bringing people together and giving people other people hope And giving other people examples of what they can do To have a voice in their community and in their family's long-term care home and to give residents a voice as well And so it's a real honor to introduce kim slater Thank you very much for your kind words This initiative has a potential to be a game changer for residents in long-term care And uh, so I'd like to begin by thanking minister dex And uh parliamentary secretary elmore And the director is embedded within the ministry who have been working with us to bring about this change Um, thanks also to isabel mckenzie who has worked very hard Uh to support our efforts and our goals And also to key researchers Who toil away, uh in our case from uvc from uvic from sf u from york university Who have informed us about best practices in long-term care Um, but also about the uh tremendous importance of independent family councils and regional associations I've been learning from them for 20 years And um that has in fact informed the ask that we've made of the ministry of health Also many thanks to the bc care providers association who have committed to creating guidelines New guidelines for their membership in order to um align with these new ministry regulations and policies But why do I say game changer? Because historically groups that have had a voice in decisions that are policy decisions that impact on long-term care Have included the ministry of health, of course health authorities Workers unions and of course service providers But now the very people who are actually Experiencing long-term care up close and personal Will have a uh guaranteed independent collective voice In policy decisions that are impacting on them Um finally and to wrap up Um, I know that the implement with the implementation of this initiative there may be policy tweaks Um or small resources that are That are Necessary to make this new voice the best possible version of itself Uh to make sure that it's an independent voice that is both um Sought and heard by all other stakeholders Um, and the thing is that voice can bring a perspective that's often different than those stakeholders So we must make sure this happens and i'm excited to see it happen over the over the coming years. Thank you very much Now we're going to show how flexible we are and we want to thank as well. I talked to Isabel McKenzie last night. This is something that we've looked at a long time bruce. I got a chance to talk to her She's she's doing well by the way She's doing well and uh And uh, and she would have very much liked to be here today as bruce is on behalf of the office, but she's um She's obviously a strong advocate and supporter for this and uh, and that's expressed in the news release But it's also expressed in years of work on these issues and we're really Delighted with Isabelle's with her support and of course her ongoing role Now we get to do something we get to show how technology hip Uh, I am Not really but the staff working with us. We're going to hold on um, Heather Stucky via zoom Who's the chairperson who played a really important leadership role, particularly in the interior of bc I'm so we're so Honored that you're able to join us and be part of this today heather. So via zoom heather stuck your association of family councils over to you heather Thank you honorable honorable minister dick And parliamentary secretary miss elmore for the opportunity to speak here today These new regulations announced today enhancing the lines of communication between family councils the health authority And the ministry of health are incredibly welcome for those of us involved in family councils I cannot stress enough the importance of every facility across bc establishing their own independent self-led council to give our long-term care residents The voice they deserve to enable them to deliver opinions and ideas on what is working and what is not in their own homes My mother was a resident of long-term care for six years and after a lapse with the help of two other family members We reestablished a resident and family council in her facility The process of entering into long-term care can be a huge learning care can be a huge learning curve for families and residents In the past there's been very little support at the move-in stage This is something family council can help with so that the transition isn't quite In my personal experience I plunged into family council as a response to several upsetting Incidences that my mom's long-term care facility I quickly found it to be very rewarding to be part of the family council Not only did I meet other families who were able to give give me advice and support based on similar lived experience But I found I was able to forge a more positive relationship with the management staff of the facility It is important that we understand the challenges that the operators of long-term care facilities face and offer ideas and solutions to those challenges Operators in turn need to trust that families and friends want to help solve problems and make life as enriched as possible for residents When operators and family councils come together and find solutions they can share the successes of their collaboration We need to all work together as a team We all know that a huge obstacle right now is the shortage of employees So the help that families and volunteers can offer in a long-term care home are fast becoming invaluable Let's get the message out just how rewarding it is to spread love and kindness to those residents Who have suffered suffered loneliness and boredom during the pandemic Communication communication Which minister Dixon his team has enhanced with this new legislation Will give residents and family councils tools to ensure that all long-term care homes Are interpreting the rules and suggestions the same way so that all residents and their families will be assured They are all getting the same message And support I would quickly like to know legality legality and isabel mckenzie careless efforts in establishing independent long-term council's association of vc Along with the five regional associations and family councils And of course minister dick and the ministry of health A great congratulations to everyone involved well done Thank you Thank you very much heather and thank you to everyone involved in the in this in this venture. I think I think it's fair to say that I believe That the involvement of people means better care and it sometimes means challenging Authorities and that's okay. That's what needs to happen That's what we would expect in any other venue and having these regulations in place To protect people's opportunities to have voice to protect people's access to information to ensure the independence of family councils And to promote people working together Uh, makes a lot of sense because long overdue we're doing it now And I think this is a good moment to do that and with that all of us are happy to take your questions A reminder to reporters on the line, please press star one to enter the queue You will be limited to one question and one follow-up We are going to start with questions in the room today. First question comes from richard's osman global news Heather spoke there while the critical issues during the pandemic, which was this inconsistency We saw between care homes around interpreting some of the visitation rules In terms of these changes that come into place. What assurances are there? That the province will make sure that the rules are followed consistently based on what families are saying And extending that beyond we hope that we don't get into a situation again Like coven where in essence long-term care residents are separated from their families, but Families would raise concerns about that through these councils. What ensures that you are actually listening And doing what these families are raising their concerns about well, um, first of all, it's a law That um information must be shared the councils must meet There are councils in a majority of care homes, but not in all care homes now So this ensures first of all The resident and the family council voice in the activity of the care home And that's critically important as it would be in anybody's home as you can imagine whether you're a tenant Whether you're a condominium owner, whether you're a homeowner Whatever you're whether you're part of a co-op whatever your circumstances We all should want and expect voice in our own homes And so this ensures that that voice is heard And it's heard strongly and that we're supporting family councils and their role is recognized in the system Of course It doesn't mean that every time an issue is raised it goes a particular way But that's not the case But up to now I think this has been seen as an extra Where there's a care home operator that's interested in it works well and when Families have to advocate a great deal. It works well And one of the challenges and I'll ask kim to speak about this as well. I think is that often people's sense of One's capacity to advocate is Is denied through impediments that are not necessary This means advocacy always ends in a result But what it means is people will have to listen including ministers of health But most importantly operators of a given care home listen to the residents who live there Ensure that they have a voice ensure that they have agency and that those who love them also have agency I think that's an important change. It reflects. I think At least a little bit my reflection of things we've learned in the pandemic Which is that not just that we Have long-term care homes that keep people safe That of course is a given in its necessity But we also have to live our best lives even when Our health lets us down and we have to be in long-term care And it's particularly important in circumstances of long-term care where many people are dealing with Alzheimer's and other Dementia's and where their family members are their voice In the in an exchange, but it's not just that group of people I I would argue this provides for residents and for family members a real role An established role when established in the law It would be our expectation and I believe we have the support Of long-term care home operators in this and some of whom are the ministry of health but in the Private and nonprofit sector as well. And I think that's a very positive thing. I'll hand it over to kim Maybe to talk about some of the experiences of the next one Oh I'm I'm glad you asked the question actually and COVID does provide us with a good example When the when the crisis hit us all, you know, people were scrambling and so on and Minister dicks and The ministry of health implemented programs I can't remember the name of it that were designed to try to keep Facilities as sterile as possible What was lacking at that time though was a formalized mechanism for them to ask families look what what do you think about the situation? What do you folks need? And now that that that's in place Having this formal kind of relationship between the family voice and the ministry of health and health authorities and the facility They can say well look We've been in During the panda or prior to the pandemic helping our our residents our loved ones by feeding and dressing and and all of this kind of Thing historically in the past And we can't do that anymore. So what's what's going to happen to them? So now that we have that voice we can sort of provide that heads up that look this needs to be attended to And you were witness to of course all these stories of you know, loneliness isolation despair that happened as a result of it And that's why this this move is is a really good move for the well-being of residents even during things like covid Does that make sense? Follow up Richard One of the inherent challenges obviously is around staffing and you know, we'll see how families respond to this But one of the issues that you may hear time and time again is around A lack of staffing. I know that the system it's a challenge. So how do you address issues that families may raise That are systemic that may not be something that can be solved. Well, I think um, I think by addressing them You know this and it's a real it's a comparison point. I mean we heard we hear some of this debate sometimes I mean, I think It was a betrayal of families That 88 percent of care homes didn't meet the province's own standards when I became minister of health in terms of staffing It was a betrayal Those tenders have been set in 2008 and nine years later They'd made no progress and the person who brought attention to that most particularly including workers and and some family councils Was isabel mccancer and we may took action to change that and you know what it is today Every health authority Exceeds that average significantly everyone and our care homes are funded for staffing and get staffing You see the increase in the amount of people working in long-term care reflects that so that was advocacy, right? It was advocacy in that case Previous opposition, but also by the hospital employees union and others to ensure that the province doesn't say their standards But meets those standards and we did that before the pandemic and thankfully we did Right, so that's point point one and it's an important one Secondly, we have taken exceptional action even extraordinary action with the age cap program To find more health care workers such that we promised In advance of october 2020 7000 health care workers right age cap infection control and have delivered to date. I believe 6700 Which is pretty impressive in a time of labor challenges and other challenges thirdly We took action on staffing Where we had we had a huge number of people working in long-term care homes working for poverty wages So we eliminated bill 29 and 94 as you will know But also in the pandemic and the single site order came in Raise the raise the wages of those who are not in the facilities bargaining association To the tune by the way of 165 million dollars a year So that they would not be working poverty wages Can you imagine if we hadn't done that the impact on those residents who work in some Private and not-for-profit long-term care homes, so we raise people up All of those have made a significant difference and I would expect A stronger voice for family councils will be a stronger voice for advocacy And we see this often in children families as well The very confidentiality of the system is used to To stop changes in the system that are necessary And that's why we've taken these actions and on this question There is a compare and contrast and the action that had been taken have been I think Exceptional and required of course significant public investment Our next question from the room comes from bender sergeant ctv I'm just wondering the seniors advocate does a survey Long-term care residents and I'm just wondering what information you think he would get From these council that might be different than what's in that survey I think there are limitations to the survey. I'm going to ask Mabel to speak to this In a moment because she's been working on these issues I think the survey is important In that it reaches out to individual Family members but surveys come once a year And that report reflects just what I said and answered the previous question that We've made exceptional progress for example on staffing And you look at those surveys year into year and you see that progress and no one can argue with it No one that even some of the people I can think of can't argue with it, right? It just happened So those surveys are important. The work of the seniors advocate is important on a broad range of issues But I think where family councils are important and I'm going to ask Mabel and Nola to speak to this as well Is to raise issues that occur in both particular care homes So yes broad issues such as are raised in the survey and raised by the seniors advocate on a regular basis Such as the staffing issue I referred to earlier But also issues in advocacy at the care homes themselves That that are critical people's voice feels locked out and especially when there are not a lot of options I talked about first available bed But prior in 2017 in no choice of what care home you could go to you had to take the first available bed And often families were locked out of the process of consultation Well, that is not what one would expect at any other time in one's life And now when in a period when for whatever reason one's in long-term care But partly because one's health has failed one that the basic voice that you have In the running of your life has taken away. So this is an important change I would like to ask Mabel and then Nola to speak to that Thanks in addition to the importance of the annual survey from The seniors advocate The distinctive role and opportunity for These family resident councils at every long-term care home. So we have about 300 care homes approximately 250 have some sort of Structure in place but you know in terms of the starting point we need to assess that And this is also why there's a commitment to resource and also support Each long-term care home to develop their own Resident and family council to get that up and running and fundamentally to have an opportunity For them to bring forward Concerns at that local level as well the changes that we're implementing in resourcing are So to facilitate each individual care home to develop their own resident family council But also for them to work together in a regional structure so that they can meet They can share resources share experiences best practices find out what's going on and also learn from each other And then facilitated through a provincial network With the support in infrastructure as well as the health authorities for the opportunity to identify systemic issues and also raise that to the ministry of health So, you know, we need to ascertain what what is going on in each of the the long-term care homes and To raise it to the regional and also provincial levels Further to the question you asked about the survey and it's a good question I give you an example of how family councils can contribute to that in the most recent plan to build new more effective surveys Isabel Mackenzie invited myself and another part of the executive team from our provincial association to contribute ideas they would make the survey a better instrument and So we participated with other stakeholders and it was very very clear that we brought something to the table that would not have otherwise being considered Questions that would glean important information, you know as they go out with her survey And even how the survey is conducted So so family councils can play an important part of that very important project as well Follow-up bender Okay, we have time question from the phones. Dave Natalie news 1130 for the final question Hello, good afternoon. My name my question is for minister dicks I know there's quite a few issues in the long-term care right now and especially facing bc seniors in general There's been a recent study from Statistics canada that found that bc seniors were one of the largest groups in canada to report not having prescription insurance to cover their medication costs and in general bc is having Many residents are struggling to get insurance to cover their medication and so I just wanted to ask you How can the province better support seniors many who live in long-term care who may be struggling to keep up with their medication costs? well, it's I would say that that's less an issue in long-term care Where there's coverage there's a particular plan under pharma care in long-term care Then it is generally in the population and here's how we've done it in in February of 2008 We proposed and made changes to pharma care deductibles there's always a lot of talk about a national pharma care program and and I hope that it will happen in my time in elected office that initiative from the federal government But we made fundamental changes to our pharma care system in 2018 to eliminate deductibles and maximums And reduce maximums for many british columbians in fact tens of thousands of them and they're primarily seniors because it's primarily Seniors who would go up to their deductibles such that if you were a senior With a net family income of 26,000, which is not unheard of as my friends in the in the Seniors advocate office here will know If you're earning 26,000 dollars, you would be paying on your deductible the first 750 dollars Of your pharma care costs every year now 750 dollars Is a lot for anybody and if your net family income is 26,000 it's really a lot And so for that group of people and up to 30,000 We eliminated that deductible and that makes an enormous difference in the lives of people So expanding our pharma care program focusing in on issues And covering things that are not otherwise covered and have not been otherwise covered are key elements of what you do So that was a progressive way The principal beneficiaries was were seniors the value of that program at the beginning was 105 million dollars It obviously grows out over time and it makes and it were the first changes of the pharma care program that had taken place at that time Since the creation of what would sometimes called fair pharma care in 2003 So I think that's how you do it by making a pharma care program that delivers for seniors And one and delivers for all people and especially Makes improvement for those who can least afford prescription drugs and what we found just so we understand And what the difference it made was this if you look at The the income of someone and their adherence to a prescription which depends on their ability to pay for the prescription It was that group of people where there was a gap And so by eliminating deductibles we eliminated that gap that meant People who were following their prescription regimes and staying healthier So it potentially has other savings for the health care system But more importantly than anything else when you get a prescription you should be able to fill it and use it to stay healthier David do you have a follow-up? No follow-up. Thank you Thank you very much that concludes today's event. Thank you very much everybody and thank you to everyone We're going to get we're going to take a picture Yes, next door Gotta love the picture taking next door. We're taking a picture next door