The following is a presentation of TFNN The Trader's Edge with Steve Rhodes Toll free at 1-877-927-6648 or internationally at<PHONE_NUMBER> The Trader's Edge Now Steve Rhodes Good morning folks, welcome to the August 18th, the fantastic Friday edition of today's Trader's Zen Show. I'm your host, Steve Perseverance Rhodes, who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there is having a great day. Hey, let's make sure we have an extraordinary one. Now the easiest way to do that is to always remember that life is happening for us, not to us. That's right, when you and I make that one little two by four shift, which means we can find the gift in every set of circumstance that life is going to toss at us. Now today you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past 11 o'clock in the morning. I want you to know, I'm absolutely grateful for your presence here, but even more important than that. And that's this, during this next 53 minutes I am here to serve you. So feel free to pick up that phone, dial on in at<PHONE_NUMBER>. Now if you've got a question which you can't call in, we've got you covered there too. You can send me an email, send it off to Steve at tfn.com and inside the subject hating, please put radio show question. Now if you're inside our tiger stand, well, then any and every ping will do. So let's go ahead and get this show started on fantastic Friday. Of course, this is tiger financial news network. I'm Steve Rhodes. Welcome to the show. We got a mixed bag out there. The mix goes like this. The Dow has turned just slightly green, but it's flat. The S&P is off 10 points, about two tenths, a half a percent for the Nasdaq 176.  Trenny's are off 29. New York Stock Exchange is slightly green. Gold is up $6. Silver's up seven pennies. Lake's recruit is off 28 cents. Natural gas is back seven cents. And a 30-year Treasury is up 26. Ticks printed out at $1.1915. Leading to charge dollar-wise. The upside, you've got Global SA up 12 percent, 20 bucks. Freedom Holdings up 12 bucks. That was 20 dollars, 12 percent. 12 bucks, 18 percent for Freedom Holdings. Asimil Holdings up $7, a little over 1 percent. Dolby Laboratories is up 10 percent. $7 plus move and Lockheed Martin up $8. That's nearly 2 percent. To the downside, it's Booking Holdings up $57, a little bit less than 2 percent. John Deere down 19, 4.5 percent. Keysight Technologies, 18 or 12 percent, 5 percent for MicroStrategy. That's a 16-point move. Nvidia's off 11 bucks. That's a 2.5 percent move. So we've got some movers and we've got some shakers. Let's begin by taking a look at where we're at from a marketplace standpoint. Let's go to the 30s first. We'll take a look at the S&P and the Nasdaq 100. We've got the Nasdaq 100 up on our screen. 30 out of above, 13 below. 39 means above is trading above the resistance of the TAS market profile, the top of the profile, and below would be trading below support of the bottom of the profile. We'll take a look at the S&P 500. That's going to populate in shows. We've got 205 above, 86 below. So the 30-minute time frame is bullish out here. Let's go take a look at those other four time frames, 60, 240 daily and weekly. If we take a look at the 60-minute time frames right now, this is for the Nasdaq 100. It is bearish. So we've got a choppy market, 18 above, 54 below. The other four are also in bearish modes out here. Let's take a look at the S&P 500. So the S&P 500 for its 60-minute time frame and the other three, 240 daily and weekly, also in bearish mode, 368 below, 48 above. So it's going to be a truck trench higher on any kind of rallies with that kind of market breadth as we speak right now. Nonetheless, let's go take a look at those charts out here. So we had positive market breadth on the 30-minute chart. So let me just do this here. Give me a moment. We'll pull up the 30-minute charts. We'll have multiple 30-minute charts here. But let's go start digging into those and see what kind of parameters we want to take a look at. We're going to change screens here momentarily.  You'll see the eight different charts. These are each for the 30-minute time frame. Up along the top are the equity futures. The ES, the Q, the Dow, and the Russell 2000 below that gold, silver, and then the Euro, and again, just so we get a feel for what's going on intraday from a currency standpoint. So the ES mini, you've got a nice rogment-dementicator bottom. You've got a TD9 count bottom out here. And you've got price right now taken on its first level of resistance. That's the top of the current profile. The top of that current profile is at $43.7460, so it's $43.7475 is the real resistance level. If we close above that, odds favorite move to $43.8450. $43.8450 is its TD9 count breakdown resistance level. Now, if we pull the curtain back a bit, not back far enough, as that's all I've got right now, if we close above that, that would then suggest that we move higher. Yeah, I don't have it on this chart. Maybe another chart I can pull up all the 30-minute TD9 count breakdown resistance levels. But it closed above $43.7475. It's going to suggest that we run up to $43.8450. In the case of the NQ, the NQ has nothing. It's got nothing on the, nothing on the, let me just make sure that low, $14.631. $50. This closed, $14.631. $75. No, it's got a TD9 count bottom in effect out here. And price right now is trading above the top of its profile, 30-minute profile. That's up at the $14.681 area. So the NQ should target $14.764.25. If price can close above that, well, we likely have a further rally. In the case of the Dow, it is testing that key level of breakdown resistance on a 30-minute basis. That's up at the area of $34.578. It's got a nice roachment to indicator bottom as well. Price closed above that, that suggests higher price. In the case of the Russell 2000, the level that it needs to close above is going to be $18.7010. So the key levels right now, intraday on a 30-minute basis, $18.7010 for the Russell, $34.578 for the Dow. Now I'm referring to the future contract numbers out here. The NQ up at $14.764.25 and $13.8450 for the ESMini. Those are levels that you absolutely want to pay attention to. Here we'll take a look at the other 30-minute timeframe chart. It's just got a little consolidation within profiles for the gold. Same thing for silver. The Euro was pushing lower. It's attempting to rally. The Euro needs to close above $1.0899 to suggest that there is some kind of potential for some type of bottom out there. The Japanese yen, right now it's headed lower. If it continues to head lower, there's a level. It could form a TD9 count top today, but I think it needs to be trading above where it's at as we speak right now. Let's switch over and take a look at those 60-minute timeframe charts. Let's see how easy it is for Stevie to pull those up here because the 60-minute timeframe charts had negative market breadth. Now I only have the ESMini and the NQ out there when we take a look at that, but in both instances. In the case of the NQ, it's got a TD9 count bottom for its 60-minute timeframe. Its level of resistance that it's dealing with right now is at 14.709.75 level. If price can close above that on an hourly base, that would be 12 noon as the next bar of completion. Then 14.776.75 would be where it would be targeting. I have what I see here visually as a three drive to a bottom pattern when I look at the hourly chart for the ESMini, the first drive right here at a TD9 count bottom, about $2,200. The second drive is another TD9 count bottom, about $1,900. Then it's not an exact distance wise, but that's the only pattern I see on the ESMini for its 60-minute timeframe. Price right now is taken on resistance. That resistance level is up at $44.50. No, it can't be. It can be, but that's not it. What was it picking up? $43.77. Thank you. So $43.77. We close above that on a 60-minute basis. The price we'll want to try to make as we have to $44.36. That takes you back to the 30-minute charts out there. On a 60-minute basis, we can talk about the Dow. It's got a TD9 count bottom. The Russell 2000 has a TD9 count and roge mitigator bottom. Market is definitely trying to rally. Steve Rhodes with TFNN. We'll be right back. 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Visit TFNN.com and try Mastering Probability 30 Days risk-free today. TFNN, Educating Investors. Welcome back folks to 1,043 S&P SOFT 3, NASDAQ 158, Russell's Updive. We're taking a good chart here for ENVXs for Jimmy inside the Tiger's Den. The question here is, is there any kind of bottoming action that we see on this instrument? So right now what we have is a TD9 count bottom that failed yesterday, but price has made its way back to its breakout level, $13.71. That was tested and so far that has rejected. So the only bottoming action that we would have here, Jimmy, is price making its way back to its breakout level. If we're looking for some type of pattern, an A to B, equal CD, a Roadsmen Dominicator, TD9 count, nothing there, but sometimes just simply coming back to your breakout level is a place to take a long position. Now, at the same time that price was doing that, Jimmy, on the weekly chart price was testing the bottom of its weekly profile, $13.87. So as long as that holds, that's okay. And on a monthly level, price got down towards its bullish structured monthly profile area. So the real answer to your question is their bottoming action. That means we've got to look at the intraday chart out here. So we'll pull up the 30-minute timeframe. What we'll see that this morning here, specifically at 10 a.m., you've got a Roadsmen Dominicator bottom signal that at 10.30, you've got to confirm TD9 count bottom. And now you have price that's trading with inside profile levels here. What I would say, Jimmy, is that if price can take out its TD9 count breakdown area on a 30-minute timeframe, that's at $14.56, then odds favor that this is going to rally further. And it could have bottom with support holding both on the daily and the weekly. But as far as the pattern is concerned, that's the only pattern that I have is price blowing back to levels of support and holding. And those can be bottoming patterns out there. So I hope that helps you out with regard to ENVX. And thanks much for the request out there. And we'll take more. But we'll take one more from Jimmy, because Jimmy asked that same question about Overstock. O-S-T-K is the ticker symbol. And so we're looking at on these charts here, folks, is we're looking to see if there's any kind of bottoming signal. So we take like an Overstock. It formed a TD9 count bottom yesterday. That's being tested. And so far, that is held. So you're asking, is there a bottoming action? The answer is yes. Now, if price were to close below yesterday's low, yesterday's low on this instrument is $26.17. Then that pattern will get negated and that would suggest to run for its breakout level down to $22.04. On a weekly basis, you've got a TD9 count top with price testing. It's an oscillator and change line. Now, it closed below $27.53. We'll signal to you and I that it's lost its luster. But you got the daily. Now, what the daily should do, what price should run to, is that oscillator and change line. Well, we can also see the bottom of its daily profile is at $31.29. So if you're looking to take it a long position here, your reward risk, your target, should really be $31.29 to the upside out there. And to the downside, you just simply would close it out if you got to close below yesterday's low. If we look for Overstock at a 30-minute timeframe chart, we'll see that it is or has was it's trying to form a arrangement to mitigate your bottom. But no bullish reversal candle here. Price is dealing with resistance. That's a 30-minute resistance level. And if price can close above $26.62, odds favor the Overstock is going to continue to rally. Why? Look at all these other 30-minute rallies. Price has not been able to take out the top of a profile, not exceptions did at 11.30 in the morning back here on August 14th. So it just would add to the idea of a further rally inside of Overstock. And that's based upon that TD9 count bottom on the daily timeframe, as well as now the 30-minute chart out there. So I hope that that helps you out with regard to those two instruments. Thank you very much for getting this kicked off with regard to requests out there. The next request coming in from Jambalaya. Jambalaya wants to take a look at ticker symbol JD, JD.com. And I think the question was just simply to look at it. So JD.com gaps down this morning. When it gap down this morning, and as long as it closes below this bar right here, it's labeled bar number one. That was a bar following bar number nine. A close below 33.92 is a very negative thing. Why? Because you're closing below a TD9 count bottom. You're closing below a bullish structured profile. You're closing below TD9 count breakout support. So the daily chart looks ugly. The weekly chart says you're trading now below its bullish structured profile. A close below 33.71 today would be a close below its red oscillator and change line. That would tell us it wants to go tag that bottom, that rose meant to indicator bottom out here. Now there was volume there of 62 million shares. So far through today, you're down at 53 million shares. Now yesterday's volume on this was about 7 million, oh, I'm sorry, about 11 million shares. You're already at 7. So you've got pretty good volume. So this could be signaling that price is going to go tag at least that low. That low out there, let me give you that, that is 31.57. And a price close below that jambalaya, you're looking at 25.77. 25.77 is it's monthly, it's next monthly TD9 count breakout area. So JD, I think you had something you were writing there, JD didn't look that good. It really doesn't look that good on the chart here. In fact, it is suggesting to you and I lower price. So I hope that that helps you out. The next request was a take look at Mara. M-A-R-A is a ticker symbol. This for McGuppy inside the Tiger's Den. And his question was, is there any bottoming signal? Well, on a daily timeframe, this negated its TD9 count bottom yesterday. So this is looking ugly, fuggly priced yesterday. Close below its breakout level of 13.15. That means its next breakout level could be its price target. And that's down at 9.16. Now there's a couple different A to B equal CD patterns that I see in here. So therefore, McGuppy would be watching for a bullish reversal candle. If a bullish reversal candle were to form, that would then generate a buy the D point pattern. But short of that, price should go target 9.16. Another price target would be down at the 10.75 to 9.61 level. That is its bullish structured weekly profile. And with price below that green oscillator and change line, and after take a look at the daily timeframe, odds favor, that is its next price target. And we couple that with the monthly timeframe chart that shows that price is trading below a red oscillator and change line. Of course, we're still early in the month out there, but that is not a good sign either. So I would have to say with regard to ticker symbol, M-A-R-A, is there any bottoming signal? It's just the opposite. The signals are that this wants to continue to trade lower out there. So I hope that that helps you out with regard to M-A-R-A. Greg wrote in, and I know he wants to take a look at Tesla. So we're going to go ahead and punch the symbol in here. It's going to take a few moments here for the charts to populate. Let me read his question. It goes like this, would you work your magic on Tesla? I'm in Tesla and considering taking profits. What support levels do we have that we can take a look at? The next support level on a daily timeframe out here, Greg, is going to be down at 195-12. Now, in the case of Tesla, it negated a TD-9 account bottom the day after it formed and negated on August 15th that's continued to head lower. We've gapped to the downside this morning. So no reason for this to not continue to head lower would 195-12 be the price target. Just like McGuppy and I were looking at on his request, same thing here. And the same thing here is that there's an A to B equal CD to the downside. And therefore, if you get a bullish reversal candle, that would generate a buy the D point pattern. That would generate a Gertley buy pattern. That would then signal a move up to resistance. And the next level of resistance right now because there is no daily profile on a daily timeframe would be up at the 239 level. That's its red oscillant change line. The weekly timeframe for Tesla, Greg shows that we are going to close below a bullish structured weekly profile. That opens up the door for a move back to 164-35. That doesn't come into play until we know it happens at 195-12. Or of course, if there's a bullish reversal candle on the daily timeframe and on a monthly timeframe, Tesla back inside his profile levels. That opens the door for 144-165. So it looks like Tesla wants to head lower 195-12 being his next price target. Steve Rhodes with TFNN. We'll be right back. TFNN has just launched their new trading room, the Tiger's Den, hosted at this court. TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. And now they are expanding their reach with 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. 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TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4 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. The price was moving lower at the same time that we had higher lows inside the advanced client oscillator. That's the kind of divergent pattern that Peter was asking about. We had the same kind of pattern that identified the lows back in September of 2022. Prices moving lower. The advanced client oscillator was making higher lows. We do not have that pattern just yet. What we do have is a extremely oversold market condition out there. And so this is leading into my next question from InnoVisual says, hey, I missed the opening of the show. He wants to look for a place to go short inside the NQ. I simply want to point this out to you. And if you've got this chart, Inno, you've got access to this tool out here, go check it out. Because when you get below that minus 250 level, you're looking at your anticipating more of a oversold condition being worked off. The question is, when is that going to begin? Because it has to begin. And it doesn't have to begin today. It doesn't have to begin on Monday, but it has to begin. So you're getting more towards the area of some type of counter trend move to work off that condition. And it could take days. It could take a week or so. These oversold conditions back here in September and really back here in March of this year, that didn't happen overnight. That didn't take place in a couple of days out there. But those are when you form those divergent patterns. And I don't know if we've got a divergent pattern that's going to form out here. We could be all the way back here as an example, back here being like July of 2021, where you just simply made that V bottom on that advanced client oscillator. Not necessarily price, although it did so in price as well out there. So I don't know which one of those. What I do know, I don't need to know which one. Right now I know, and I'm just simply sharing with you, even though I'm belaboring the issue is that the markets are extremely oversold. So I went from the extremely overbought level now down to the extremely oversold area. So I wanted to preface it that way. Now let's go take a little switch over to the white background charts. Let's look at the NQL, do that relatively quickly here, because we already did that in the beginning of the show. So now we're looking for any kind of bottom signals here. Well, the bottom signals inside the NQ come from right now, they come from a 30 minute chart, which has got a TD9 count bottom pattern, and the 60 minute chart that also has a TD9 count bottom pattern. So we're watching here, if you're asking me, well, where would be the place to go short today on an intraday basis? I'd be watching 14, 764 to 14, 776. Those would be two areas that I would be watching. But then I'd be looking at, I see at 14, 730, you've got a TD9 count breakdown level on a 10 minute chart. And the price close above that. And then that's also the same breakdown level on a 15 minute chart out there. Hmm, something to consider that perhaps the counter trend move is beginning, but only close above those levels would really suggest that, at least suggest that to Stevie. Now, if we take a look at the NQ here, and that can change just to all different types of timeframes. So on these timeframes, for the most part, what we can see on the NQ on a 30 minute basis is that its TD9 count breakdown resistance areas have been holding out there. So that key level, if you're going to ask, where's the real area to short from, I'd have to go to the, well, this is the 30 minute chart now to come back to that 14, 6, 14, 764 area.  I'd be looking for a pattern, perhaps there. If we go down to a 15 minute timeframe chart, this again, well, this will put up all the TD9 count breakdown resistance levels there. So you can see how the market has responded. If you close above one, you're likely to have a bit higher out there. If we move this from a 30 to a 60, we'll take a look at the hourly chart out here right now, just take a look at breakdown resistance and get back to that 14, 776 area. So where's another area to potentially go short? Another area to potentially go short. Now go ahead and change screens here. So if you give me a moment, we'll do that. I got to get to the right spot to do that. And this would be on more of a multi-day rally, I would think. And that multi-day rally, the place that you would look at for going short the NQ specifically is 1509850. Not to be exact or anything, but to be exact, 1509850 out there. That is the epigee pivot point that came in. I think it might have been on Tuesday of this week out there. And that is likely to be an area of resistance. So that would be a pretty good place to potentially take a short trade. So I know you wanted on the Qs. Really, it is. We got to take a look at the interday charts here for the NQ, which we just did. And I hope that that answered your question. With keeping in mind, keeping in mind that the markets are in that extreme oversold condition, and we should expect and anticipate some kind of counter-trend move out here. So let's go to our next question. The next question coming in from Dan inside the Tiger's Den. Dan wanted to take a KRE. So let's get over to those charts here. And as we speak right now, this is the regional banking ETF sector out here. Today is going to become bar number eight of a TD nine count pattern. Now, bar number nine has to complete on Monday in order for this pattern to confirm what does bar number nine on Monday have to look like. You need to see a close below this price level 4530. If you get a close below 4530 on Monday, because there's no way that it's going to, bar number eight is going to complete no matter what. You'd have to have such a miraculous rally out here. So you're not going to get that. I also see a confirmed A to B equal CD to the downside. So a Gartley buy pattern inside the regional banking sector here. That's assuming that today we do get that bullish and golfing candle or bullish reversal candle by day's end. So I don't know what it's going to look like, but as we speak right now, typically 90% of the time when you get a confirmed bar eight on a TD nine count, you get a completed pattern out there. But still at this stage here, I've given you the data, the number that you need to look at on Monday. But if you get that bullish reversal candle, the TD nine count doesn't really matter. In other words, having two bottoms doesn't necessarily make it better than one bottom out there. Of course, I could use two bottoms. Yeah, you don't see too much in the rear on Stevie. In any event, we take a look at the weekly title. There's too much information, but it was offered. If we take a look at the weekly chart out here, price remains above the top of its weekly profile. So that's bullish. If we take a look at the monthly timeframe, right now you've got price consolidating with insight. It's a profile level. You can see here how price pulled back, pulled back to the breakout level. It might have been Jimmy D that was asking me a question about an instrument. Could have been overstock or I don't remember the other one now. I said, you know, when price pulls back into a breakout area, that can be a bottom. That's really the pattern is that bottom or that breakout level holding. That's what took place on a monthly basis. So it looks to me like the regional banking sector, thank you, ENVX. The regional banking sector is getting ready to a bottom. Now, what price should do from here, Dan, is price should make its way up to the bottom of its daily profile. That's the first level of resistance, 46.55. Now that's on that timeframe. On a 30 minute timeframe, we'll see arrangement to indicator bottom price right now trading above the top of its profile. And it closed at 12 noon above 44.89. That's a slightly bear structure profile. It's going to suggest that price wants to go target 45.97. So I'd say 45.97 is in the cards out there. If we get that close, you've got that bottom. Again, the key is going to be, well really no key. If you get that bullish reversal candle today, you've got your Gartley buy pattern. So Dan, oh, I hope that that helps you out with regard to the regional banking sector. We get back from this break, we're going to take a look at ticker symbol IAC. This is also for Dan inside the Tiger's Den. And it could indeed some more help today, but it's got arrangement to indicator signal triggered, but no bullish reversal candle just yet. But there's some more time left in the day. Steve Rhodes with TFN, we'll be right back. We'll take a look at IAC Inc. 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. 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The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact direction shares at<PHONE_NUMBER>. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principle. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, four-side fund services, LLC. This program is brought to you by Vista Gold, traded on NYSE American and TSX under the symbol VGZ. Welcome back, folks. So, we take a look at LAC, not IAC.  What did it do yesterday? Negated a daily TD9 count bottom. What is it going to do this week? It's going to negate a weekly TD9 count bottom. But where's the next level of support? That's really the question right now, and that's at 1546. We're trading at about 1616 as we speak. So, 1546 is the next area of support. Dan, if that level fails, we're likely headed back to $2.39. At least that's the next level of support that I have for this instrument. Now, on a weekly basis, let me see, what are we doing volume-wise? So, we've done 8 million shares, and the swing point has 10.9 million shares. That swing point is this TD9 count bottom here. But that could set up an A to B equal CD to downside. Let's do this. Give me a moment. We'll switch back to another set of charts out here, my black background set of charts where we can draw in the A to B equal CD pattern out here. So, this is the weekly timeframe. So, for the A to B equal CD, there's a couple that we could draw in here. One looks like this. The swing point that we're using is the high from November 2021. We move all the way down to May of 2022, we then retrace into a high that forms in August of 2022. That was a .618 retracement. The 1 to 1 A to B equal CD out there gets you to 10.58. Now, the volume on that swing point was 24 million shares. When we closed below it, it was with 8 million, then 10 million. Today, as I said, we're going to do 8 million shares. So, we're closing below that swing point with lighter volume. Does that mean that it won't go fulfill the A to B equal CD to downside? The answer there is no. This is the pattern that's in place. The A to B equal CD pattern really does two things for us. It is a price projection tool, and then what it helps us to understand is as price approaches at least the 1 to 1 level, then we start looking for bullish reversal candles. That is when we may get a buy the D point pattern.  So, again, back to the black background charts out here. When it comes to LAC, Lithium America Corp, its next level of sport is 1546, and a price closing below that, it gets extraordinarily ugly out there. The next request from the Tiger's Den from ELO, he wants to take a look at XHB. Now, for, oh, what did I do? What did I do? Huh? Where did I put that on my other charts? Well, we're going to just have to go put it in XHB, and then we'll switch over. So, let me get X, XHB, and XHB is the homebuilder's ETF out here. Okay, great. So, is that what you wanted? Was XHB the ETF? I'm going to have to assume the answer there is yes, but if not, just let me upside the head. All right. So, what do we want to do here? We want to go to my other charts to see if we can find any kind of bottom pads. We don't see anything here on the daily timeframe. They wouldn't see anything at all. So, let's go switch over to those white background charts on your welcome quota. And as we take a look at XHB for ELO, today's going to become bar number seven, maybe Monday through Wednesday up next week you get a TD9 account bottom. I say maybe. Its next level of support, well, shoot, it's all the way down here at 6845. You're below daily profile. Don't have anything else. I've got a swing point that it's going to maybe trade into on a daily basis. You'll be watching July 6th out there. Now, volume on that swing point is 3.9 million shares. Yesterday you did 7 million shares. Today so far, you're at 1.7. So, it's got about that 3 million share type volume. So, that would be an area to be watching that swing point. The weekly chart shows that we are below profiles and below its green oscillator and change line. 6839 is actually, it's nice downside price target. And the next price target to the downside on a monthly timeframe is 75 even Stephen. Now, on a intraday basis, ELO, you did get a TD9 account bottom pattern out here. And so, what you want to watch, if this is going to rally further versus head lower, you would see a close above 79.95. You'd see two consecutive closes on a 30 minute basis above that. Otherwise, that's your resistance. That's where the sell the dipsters or sell the rallysters are at is about the set. Well, really between 79.69 and 79.95. But a price were to close above the 79.95 level, 81.26 would become the next price target area. But overall, the daily, the weekly, the monthly, they're all suggesting that this thing wants to trade a bit higher. Now, with regard to consecutive days to the downside out here, what we've got is this is going to become, it looks like we've had three consecutive days. And this typically rallies after three to four consecutive days to the downside out there. So wouldn't be unusual to see a couple of day rally, but that doesn't mean that it's bottomed at all. So I hope that helps you out with regard to XHB out there, ELO. And thanks so much for the request. Inside the Tigers Den, I think Kota wanted to take a look at ARKK. And I believe the question was maybe looking for some bottom signals. Well, the only bottom signal out here, much like when we took a look at those first two instruments, I think it was ENVX out there, the only bottom signal here is price pulling back to its breakout level supported 39.35. Now the actual low this morning, 39.35. You got to love that. And it's bounced off of that. Is that a bottom? It could be. If you're asking me, is there a bottom pattern? No, it negated a TD9 count bottom a couple of days ago. I don't even see an A to B equal CD pattern to the downside. So what I see out here is wave number four, letter D. Of course, that can't be confirmed until we get a higher low. But price getting back and testing a key level of support, that was its daily breakout level. The weekly chart says I'm going to close below profile support, bullish in structure. So that says I want lower price. And for it, that would be 37.42. So we'd say if price fails to hold 39.35, we see how important that was, how that reacted, how price reacted at that breakout level out there. If that area fails, then I would say 37.42 becomes the likely price target for ARKK. Of course, you know the routine out there, Kody. You've really got to take a look at probably the top 10 instruments inside of ARKK. See what they're doing out there because that would be helpful to you. So I hope that that helps you out with regard to that request. Now I believe I've taken care of everything inside the Tiger's Den with the exception of taking care of Mr. Bill. And now we're going to go do that. Mr. Bill wanted to take a look at the horizontal trading range boundary lines out there. I know he thought I forgot about him, but I did not. So he was asking about the S&P 500. Mr. Bill, I hope it's okay if I start with the Dow out here. And then maybe during the break, what I'll be able to do is just make sure I've got the right charts there for the S&P 500. If we take a look at the Dow, remember we're in a total oversold condition. What has the Dow done? Well, the Dow found resistance at its midpoint, primary trading range midpoint. That was at 35, 463. Those are the dotted lines. And now prices pulled back to a rising trend line. That's off of the low that formed out here in October of 2022, the low that formed in March of 2023. And that ran into lows back here in May of 2023 as well, as well as a move lower back in July of 2023. So you've got a key level of support that's being tested. The bottom or its next horizontal trading range number is 34152. We got down pretty close to that. So you've got the Dow at a key area of support. It would not surprise me to see a rally to work out that oversold condition. You could even get a rally where the Dow would make its way up to 35463. I'm not saying that's what's going to happen. But if price takes out this rising trend line, if price does close on a weekly basis, we're looking at weekly horizontal trading range boundary lines, if price close below 34152, that could be signaling to move back to the 31 to 530 area. Yes, there would be some intraday support or some intra-weekly support, if you will, whatever that means at 32841. So those are the horizontal trading range boundary lines for the Dow out there. We're going to try to take a look at those for the S&P and we get back to this break. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today visit the front page of TFNN.com, TFNN Educating Investors. 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. Welcome back, folks. Hey, before we go take a look at the S&P 500, I had noticed something. We're taking a look at the Dow. We're taking a look at the primary trading range boundary lines. We took a look at the trend line. We found that the Dow should have found support on that chart. We're taking a look at the daily timeframe chart. These are for the U.S. cash indices out here. We could also see that the Dow has pulled back to its breakout level of support. Because of requests that have been asked for this morning to take a look at charts, we have seen two or three instruments where they pulled back to those levels of support, that breakout level, which has been in essence a bottom. What this is signaling to me, at least what the Dow is signaling to us, is that that oversold rally should really be underway today, should begin. And where could price move up to on the Dow? You could get all the way up to that 35-183, that greenhouse litter and change line. Now, it's a Dow that's going to have to be all the strength. The S&P 500 is saying to me, and I want to get to 41-56. The NASDAQ 100 says 13-059. The Russell says 17-44. The semis, I don't even know where they want to head to. I've got to really scrunch the chart out here. I don't even have that level. And the transports, 13-810, 12-604, the composite. And the interesting thing here about the New York Stock Exchange, if it forms a bullish reversal candle today, it'll confirm a Gartley buy pattern. So just watching New York Stock Exchange at day's end out there. So I just wanted to share with you, at least with regard to the Dow, what it's doing, the levels of support that it's at and where it could likely head to. Now, let's go back to those black background charts for a moment. We'll pull up the S&P 500. We'll take a look at its horizontal trading ranges. Those are the horizontal lines that you're going to see here momentarily. And what we can see is price, when it broke through a couple of days ago, the 44-20-70 area, there were 43 opens or closes at that price point. So breaking through that, that's a pretty significant level. Price is likely to head down to the next horizontal trading range number. That's at 42.59. And below that, price is then likely to target its rising channel, rising trend channel. Now, where is that at from a price standpoint? Around a 41.50-ish plus just depends on when price might get down there on a daily time frame. So those are your horizontal trading range, Mr. Bill. We got them both for you for the S&P and the Dow. Took care of all the requests that came in. So folks, I want you to have just simply a fantastic Friday, a fabulous weekend. And please join me again on Monday, 11 o'clock sharp. I believe it's going to be 11 o'clock. I know I've got to drive over to Naples that day. We're going to try to make it an 11 o'clock sharp. If not, it'll be 8 in the morning. Folks, have a fantastic weekend. Take care.


Okay, welcome to today's final session in terms of our education series. Before we get going here, let's just, as always, familiarize ourselves with the disclaimer in terms of risk. And as we all know by now, the Foreign Exchange Training Institute carries with it a high degree of risk. As such, we're looking to mitigate some of that risk by participating in the education series. And hopefully that will equip us better when we move into trading live market conditions. So just before we get going here, I'll briefly introduce myself. My name is Patrick Manoli. I'm a fund manager, trading mentor and a market commentator. I've always been involved in the markets after I graduated, joined a consulting firm and left and eventually did a startup with some fellow employees from the consulting business. And that experience of pretty rapid growth after about four or five years, I cashed in my stake in the business and moved on to explore my passion for markets. As is often the case, I started trading the E-mini S&P Futures, had some early beginners luck, experienced some growth and then some significant growth. And then ultimately, as is often the case, I gave back the gains and then some. And after taking a pretty significant loss, I decided I had to revisit how I was going to approach the markets and if I was going to seriously commit to trading as a commercial. And so I sought out a mentor and developed a trade plan, back-tested that and forward-tested it and then took that plan to market in 2008. And it's pretty similar trading conditions to what we're experiencing at the moment. But ultimately navigating my way through 2008, 2009 and since 2008 I've been consistently profitable on an annual basis. And that's really how I measure my performance. I'm not concerned about the outcomes of individual trades or even a series of trades. What I'm interested in is the extended series of outcomes demonstrating my trading edge. Since 2010, I've privately mentored trainers of all experienced levels from complete novices to former floor trainers at the CME. I have since 2013 been managing external investor capital, like I say, delivered consistent annual profitable returns. I'm obviously current market resident, current market experts in residence at TickMail. And I'm also the head of trading and trader education for an online trading education brand called FX Career Swap. Whereby we take retail trading talents and develop their skills and then give them a funded trading chance. So that brings you up to speed with who I am and the context in which I'm presenting today. So what I basically want to do, as there was an issue with last week, technical issues last week, I just want to very quickly come through and recap what we were discussing in terms of the pin bar. And as we know, the pin bar highlights to us a potential for a market reversal and that can be a reversal against the trend or with the trend. Today we'll revisit the DNA of the pin bar and then I'm ultimately going to move forward to discuss the pin bar reversal combined with a divergence and I'll walk you through what divergence is. And then I'll also see the heads up in terms of the pin bar used as a continuation. And certainly in the current volatility, there have been a number of decent pin bar continuation setups and I'll walk you through some of those on live charts in this section. The part we know they're looking for an extended tail and a smaller body. We know that in terms of training the pin bar, we want to ideally or the standard approach to train the pin bar is to enter on the breach of the pin bar in terms of the direction in which the pin bar is pointing. We stopped just above the high or the low of the pin bar. What's important to us in terms of the pin bar is that we effectively identify the DNA of the more high probability pin bars. So what we're always looking to do as traders, we know that regardless of whatever strategy we decide to trade or how we intend to approach the markets. We're looking to stack the probabilities in our favor. We know that our strategy is not going to deliver winning trade after trade after trade. But what we're looking for is over time to build a high probability case for entering the markets. And when I say high probability, I mean a set of circumstances that indicate one outcome is more likely than another. And so the pin bar suggests to us the potential for reversal. And as you can see on the screen there, we have two types of pin bars that we're looking for really. We certainly want a bar that closes with inside the range of the prior days bar. Equally, we would also take a candle that closes above the range of the prior days candle. This is specifically when we're looking at reversals, right?  But when we get a pin bar, I see a third example there that closes below the prior days range and that doesn't really indicate a strong sense of sentiment in terms of reversal. So we're going to be looking through some live chart examples shortly. Again, here you can see this idea of the long tail demonstrating to us that there's a liquidity issue. In this instance, lower prices that the selling has basically come up against overwhelming demand in the market. And that's ultimately driven prices back up and we're closing within the prior candles range suggesting the potential for reversal. In this instance, we're seeing prices move higher, price extends higher, the buyers meet overwhelming selling pressure or close back within the range and we see a reversal. Pin bar continuation that we're going to talk about shortly is a way of using the pin bar to align ourselves with an existing trend. So most people, the challenge that they face with the pin bar is that once they become familiar with it, they think it's the cash cow so to speak that it's just permanently going to pay out and that as we know just simply isn't the case. So what we're looking to do as traders in terms of stacking probabilities in our favor is we're looking to identify high probability locations for taking advantage of the pin bar. In this instance here you can see we get a number of continuation sessions, but we're trading ultimately too close to resistance within the market for these pin bars to really, really to take things forward. So what we're ideally looking for in terms of reversals are candles that the tail of the candle or the nose reference to the Pinocchio candle is extended above the price and suggesting the potential for reversal or exhaustion with the prior move. In this instance here you can see that we had a pin bar in terms of a continuation that didn't really stick out as sorts and was kind of, again, if you look at that chart, you can see those three or four candles are relatively tightly bunched and you can see where the resistance is. And it's going to be difficult for price to move there, meaningful fashion. And what we're looking to do is slice them up. The other tools that we've talked about, to give us the higher probability scenario we're going to do now is we're going to move away on the pin bar in terms of the standard pin bar. Now we're going to combine the pin bar with some of the training tools I've introduced you to over the past 12 weeks. And as most of you will know, one of the tools I use is the pin bar trader, which identifies the pin bars. So let's just see what we're setting here and make sure they're correct. What we're looking to do is identify, and this is an indicator. You can go over the last video. I'm not going to walk you through exactly how it works here, but basically it's a color code indicator that identifies the pin bar by the rate of a minimum of 1.7 by the tail of the body. So again, just give me a picture idea of the exhaust. The volatility bands give me a statistical, mathematical based ability in terms of when price tests these bands, if it's above above, they have a high probability of causing at least a pause in the price action and more often than not a correction or a reversal. So when price tests these and we get a pin bar signal, then I pay attention. Okay. Now, that's the standard setup as we discussed last week. What we're going to talk about shortly is divergence. Now, for me, I use a archery tool called the site indicator. Again, these are the tools that I've had developed for my needs of an extended period of time in the market, so I wanted to make things as easy as possible for myself as I can. So I like things to be color coded for me. I also saw the potential for some enhancements. Essentially what you've got here is enhanced version of the relative strength index, the RSI. I refer to it as site because I use it slightly differently in this color coded section. Once we pass through the zero line here and that the site flips to green, then that's considered to be a bullish market condition. It's bullish because what tends to happen at that stage, that's when the majority of retail traders are actually looking to sell the market. So if it's red, it's bearish, it's green, it's bullish. The only time that I would trade against the trend as defined by the site indicator is where we have something called divergence. Now, what is divergence? Divergence essentially means that when price makes a low, and let me get rid of the RSI. So when price makes a swing low here, we test down into the volatility sport bands, and we get a swing low in terms of the site indicator here. Price then moves higher and we get back to the central tendency. You'll remember from the week before we talked about the central tendency in terms of the volatility. There's a 20-period loop. So we'll test up to the 20-period price over the past 20 days here. Then we move back to three tests, the volatility support bands. As we test through, we actually test the volatility support band. So that's a three-step deviate away from the meeting. We know that in that three-step deviate loop, we have about a 90% chance of witnessing a reversal of sorts. And in this instance, we get the reversal and PIMBAR indicator highlights that the reversal candle is actually a PIMBAR. So we've got a couple of things developing here now. We've got the PIMBAR reversal. And as we've made this new low in price, the new low in price is not confirmed by an equal in the site indicator. So what's the information that we're getting from that? Well, from a sentiment perspective, what it's telling us is that the support that we saw into this low in price is not being matched on this new low. So the rate of change in terms of how quickly prices were moving and how quickly the ticks were occurring down into this low here was significantly different to the last low. Excuse me. And in that difference, we know divergence. Okay. So, again, divergence simply means that on any swing low or swing high, we'll look at some examples of swing highs in a minute about, as price makes low. And for me, what I like to use for these lows or these swing points is certainly the volatility bands, because we know that when we test those volatility bands, we're testing a standard deviation move away from the mean. So it has some statistical significance. So we get the swing low, we get the low in terms of our cycle indicator, consolidate, test the central tendency, move down into a new low. This low experience a liquidity issue, because as we trade down into these lower prices, the sellers are overwhelmed by. Okay. There wasn't the same momentum or sentiment support for lower prices as well as confirmed by the divergence here. So on the price low here, we were this level on this price low, we're ticking up towards the indicator actually turning bullish. So what happens? Well, if we're trading this strategy, we will be entering a long position at the close of the candle or one tick above the high, whichever way you want to trade it. We have a predefined stop as per, as per the indicator. And then our first objective is to get to one times our risks. So once we get to one times our risk, we take our risk off the table, and then we have a risk free trade and ultimately we're looking for two times our risk. And the indicator maps these levels out for us automatically. And what happens? Well, let's, let's walk it forward, we get a move through the highs. So even if you were trading this at the close, or you are looking to be pulled into the trade with a, with a buy stop one click above the high of the candle, either way, you're in the trade. Okay. And what happens next? Well, we consolidate, we track a bit lower test back into the volatility bands, but what's happening from a sentiment perspective is this market is now turning increasingly bullish. Okay. And the consolidation is then taken out by a bullish outside reversal, which is has additional conviction to this trade now, because we have got this psychic indicator really starting to tick up into the into the buy zone. And then what happens? Well, we run up, we get a risk free trade here. And then ultimately we trade higher enough into our two times risk reward. So the thing we've got the couple of things that we want to know here is that we have this diversion signal, we have a pinbar reversal. We tested into the volatility bands, we've actually exceeded the three standard deviation, which has mathematical significance. And then finally we got our price trigger. Does that make sense to everyone can you get a why in the chat box if you're if you're following along here. And that makes sense in terms of divergence. Good stuff. Okay, let's look at so let's look at another example. Here we have the the dollar Swiss. Again, I'll just get rid of this. This makes it easy for you guys to see here. So price moves down. We test in and around the two three standard deviation, we had a reversal up into two to three standard deviation resistance area and price pulls back down retest these problems. Okay. So, what we've got here is if we think back to the patterns that we covered we've got a potential double bottom scenario, certainly on a closing basis. So we've got a double bottom. We're testing now into that two to three standard deviation support zone. But most importantly here, look at the divergence we're seeing. So as we broke lower, this indicator, the psych indicator had almost flipped bullish at that stage and certainly did by the next candle. So from a trading perspective, we get it. We've got a set up here. We've got a potential double bottom with significant divergence like so. We enter either at the close or we put a buy start one bit above the high of the candle and we're triggered in the trade. The highest bullish. So we're doing that extra conviction that this this buy signal is is valid. And that's our times are risk. So we take our risk off the table at that point. We are stopped to our country. We watched to see if price can trade up to time risk. And again, fortunately in this instance, it does the set up here as you know that are obviously working out. But again, I do stress and this is incredibly important that you know you can even when we stack all the probabilities in our favor. And we've adhered to our trading plan and our trading rules. We're still going to experience losing trades and anyone who tells you anything different is is lying to you and themselves. But if you look at how we're using this tool this is the combination of these tools. You'll know that our winning trades are two times the size of our losing trades. So that means we could we only have to win four out of 10 trades to be really profitable. Okay. So let's take a look at another example here with the Australian dollar. This is a trade that I took last year and shared with with clients through the tick mill log. So again, we've got this double bottom scenario developing right smooths down test to three standard deviation consolidates again test to three standard deviation support and pops higher into the resistance area. But we get a pin bar reversal here where we get a bunch of them, all of which would have would have been profitable in terms of just trading that pin bar reversal scenario.  So here I'm trading it most effectively with the higher term, the higher time frame volume when it's average price and this instance obviously it's the 100 period which represents the monthly position of the VWAP. Once we get once we got the pin bar signal here, we have that additional confirmation of the monthly VWAP being bearish and then the short term flow also being bearish. In terms of just playing a vanilla bar reversal, obviously what we're looking at is increasing the probabilities by using divergence. So let's look at the convergence we traded back down into the support zone. This instance we just took out those prior swing lows. And again, extensively formed a double bottom here, but the double bottom has additional conviction because you can see how sentiments or momentum to support or fail to confirm potential for lower prices. Okay, so we got down here, we got our pin reversal as per the indicator. Sorry, we got our divergence confirmation. We also got the RSI stochastic positively diverging to the upside. There's a bunch of, bunch of covalence here that suggests it's worth us risking to find out if this pin bar is going to play out. So we enter out the close at one bit above the high, we automatically know where our stock speed plays, trade up into one times our risk reward. So maybe from there I could take my risk off the table. And again, this is important. We're not always going to have winning trades. We're not always necessarily going to have a losing trade. In this instance, I would have been stopped out of this trade. Because I would imagine, well, if I traded the close of the candle, I probably would have just survived, but if I traded one above the high, then I would have been taken out. And the trade went up to, it chopped around and, you know, that's a frustrating period of time. But ultimately, trade played out from a technical perspective. But I can tell you a real world example, walking with some others and shortly that I've been taking out that trade at break even. And I guess the idea of break even simply a loss mitigating strategy. So once the trade moves one times in my risk, I consider it to be bad business really to let that trade come back and then stop me out for a full loss. So that's why I want to trade this. Once I've got the variation markets from the signal and it's moved one, one time I risk in favor, then that's going to be okay. See what else we have here is the pound. We move down, test the volatility, support bands, consult. Then come back in, volatility, these bands, and roll up with new loads.  And so from a sentiment perspective, lower prices aren't being supported. We're getting additional confirmation from our pin bar indicator. And we've got the divergence, positive divergence in terms of the RSI stochastic. So this all stacks up. So we're going to take a trade here. One bit above the higher close. We know where I stop this trade moves up quickly. The following day into one times our risk reward. So again, take our risk off the table stops to entry. And it's either going to be a break even or two times risk reward. And we consolidate in the coming days, but ultimately trade up into that two times risk reward. One more here. This is the report. And in this instance, we move up into volatility. We don't get the test of volatility resistance there, but we're starting to see some initial signs of exhaustion with that tail layer suggesting there's an equity issue here as we're moving higher. And then ultimately we get that move into two to three standard deviation, potential double top where we've just run the stops at the high and then bang, overwhelming selling pressure prices down to close as a pin bar as per the indicator. And then what do we want to do? Well, we want to see where the site gets positioned. And you can see significant divergence there versus these prior peaks. And so that again, just follow the plan. But our entry, one, people are low or close. We have our stop automatically defined price quickly moves into one times our risk rewards. We have our risk table and the break even or two times risk reward. And that's what we get. So that's how we use divergence to do eviction to these sell these pin bar setups. So only we're thinking about location using statistical edge of volatility volatility bands. Further to that. We are also now using sentiment momentum to highlight when there is a shift in the market. So prices may be continuing in one direction, but by using this divergence method, we're able to identify a shift in the market system in their support of the support of the prices. Clear and diverse. Why in the chat box if that's making sense. And then we'll take a quick sip of water and we'll move on to look at finally the pin bar continuation. Okay, so now we're going to think about the pin bar continuation set up. And again, for this, I'm using some of the other tools here. Specifically what I like to use is the RSI stochastic, the divergence positive or negative to support the direction current direction of trades. I'm also obviously using my long term volume waste average price near term volume waste average price. This is all color coded obviously. So when I get when price closes below five period volume waste average price, the candle whether or not it closed up or down on the day is going to be painted red for me. Why do I do this? Well, it just helps me easily identify trending conditions and the near term trend within the market. Because again, we're thinking about money flow. And in terms of the need to have volume waste average price telling us is that and these candles rose red over the past five days, there have been more down ticks. There have been. What can we gain from that? Well, what we can glean from that is that the money flow in the market is already taking the sell side is on the buy side. And as I suggested all along to you guys is that what we're looking to do is trade is essentially align ourselves with. This is a simple method to help align ourselves with that that price action. Once again, we can use the site tool as well to add conviction to our trade. We know that when it's read that indicates that we're in a bearish market condition. So we've got we've got four confirmations here and then finally what we've got is we've got our pin bar tool. Okay, so what we're looking for in terms of this trade sets up in terms of the pin bar continuation is we want to see that the RSI stochastic has tested the 80 level which suggests overbought conditions. We want to see a red can they bearish pin bar. Denoted here by the red dot. So where we get this red dot, if that red dot is confirmed by price to be below the near term volume waste average price that and we have the RSI stochastic coming from this 80 level and the lines diverging negatively. Additional confirmation with site also being read. What we're being told here is the money flowing the market is bearish pin bar is a much attention because if we think about pin bar reversals which is what most people are looking to play. Then this isn't going to attract much attention and so it allows us to join the market. Well the trade tree is going to be left out again. Think about the dynamics of the market. We want to try and avoid congestion and overcrowded areas and areas where every trade on the planet is looking at. So this is almost a camouflage entry into this bearish developing bearish trend. So we broke into the downside we've consolidated RSI stochastic it's got backup above 80 and then we get this little pin bar here. We enter at the close stop already highlighted for us one times risk boom and then we get that second push down into two times our risk. So you can see here this setup and a bunch of things going for a negative monthly VWAP negative near term VWAP RSI stochastic negatively diverged and the psychic in the case of suggesting bearish market conditions. Okay, so that's the first one. Let's look at another one. Here we have the Aussie again, similar scenario, broke to the downside. Consolidated monthly VWAP has just flipped bearish suggesting the high timeframe trend now is moving to the downside. RSI stochastic rolling over from above 80% negatively diverged bearish and we get a red dot bearish pin bar. All the reds enter at the close price went down. We get to one times our risk and then ultimately two times our risk reward. Okay, so look here was a euro setup that I issued last week to the guys in our pro trades chat room. So we had the euro moving to the upside. Now, terms of technical scoring, what I'm looking for when I'm taking these trades is about 70 to 80% in terms of an ideal trade. Yes, these two that we looked at here had everything going for them. These were in terms of technical scoring, all four criteria were met.  We've certainly got some divergence as per prior swings. And we get that bearish pin bar confirmed with the RSI stochastic coming from significantly overbought levels. Okay, so for me, this ticks enough of the boxes to put a trade on. Now, again, important to clarify here because this again looks like a great trade looks like a winner. The reality of this trade was because of the price action on the day the ECB announcement was on this day prices whipped around. I actually got taken out of the trade for break even. It's obviously gone on to be a great winner and we're turning lower today. But here's an example of where the analysis and the strategy proved themselves, but the actual reality of trading that candle and that type of price action on that specific day with a huge amount of time risk means that, you know, it was ultimately it was a risk, it was a break free exit, break free, sorry, break even trade. But what I take from this is it shows the strategy working. What I'm looking to do is build conviction in the efficacy of the strategy and so strategy works the intraday dynamics of putting that trade on and managing meant that it was was ultimately a risk a risk break. Okay, so again, I just just hammer home this idea that what obviously what I want to show you today in the limits amount of time we have are how the set up works and it working. Strongly, strongly, strongly reiterate, you know, this is not, you know, this is not everyone's a winner because that is just not the reality of trading. Okay, and what they what this does show, and this is the real takeaway from these examples is that if trading correctly and executed correctly, that the winners will be two times. And you have to win four out of every 10 trades for this to be a profitable strategy. Kiwi Swiss next example so price declining into two three standard deviation what do we know then well we're likely to have some sort of pause or potential correction, and we get that long term value waste average prices bearish. Okay. Now, this isn't here because you can see we actually it looks like we have a signal here. We've got that red dot bearish monthly VWAP bearish near term volume of service price. So why wouldn't we take that trade. Well, one of the major factors for passing on that trade is that one of the key components for this trade to work is the idea that the RSI stochastic has tested up into the overbought condition. And it hadn't done by that stage. By the time we had this, we were, we were here. So we were testing it, but we hadn't seen, we hadn't seen the rollover we haven't seen that negative divergence. Okay, so this, this will just suggest that this was a premature signal. But then if we waited and what we want to do, obviously, the key to success in training is patients in discipline. So we wait for the signal as per also negative divergence. RSI stochastic negatively diverged psych bearish bearish VWAP on the monthly timeframe very bearish VWAP on the daily timeframe. And then we get our pin bar signal as well. The red dot here. Okay. Deliverance two times risk for board. Let's take a look. So let's take another one here. This is a real data. This is one again. And again, this trade goes to the take profit area. And the, again, this is another, you know, this is just being absolutely transparent. So when we got this, when we got this signal. On the day that on the day we got the center. The dollar was making a really strong, strong upside move and look like, especially from the news wires that you know we were seeing some, some sort of dollar funding swings. So when I got this signal, I took the trades. We got a bullish reversal. Sorry, the RSI stochastic. Possibly diverged at this stage. I haven't got it on here because I'll show you a different example, but this was the signal anyway. We have this bullish outside. Nice role here in terms of the bottom waste average price. And I got the signal I took. And what I did in this instance, because I saw the potential for higher prices for this dollar squeeze to play out in terms of panic phase of markets, we're in. I took the take profit off the table. Okay. So I took my take profit target off. So I could have got that two times risk reward. The reason why I did that in this instance was I saw the potential for a more significant trend to emerge. And there are instances and certainly with my level of experience in the market where you can identify shifting conditions that offer the opportunity for you to maybe get five times or seven times or even 10 times risk reward trade, which significantly boosts returns over the year. Now, what we got in this instance was I was right in my thinking. So I, you know, I made the right move versus my trading plan. So my trade got to risk free and we moved higher. And then on Monday, we got this pullback. And this pullback here took me out of the trade breaking. Okay. And then lo and behold, look what's happening. We're certainly higher again. The way I thought the market would be out is occurring. But I'm not in that trade at the moment. So again, if I just, if I just wanted to impress you with all these signals that work out and how great it is, I could, you know, I could just say, I'm in business and we're here. And this is, I want to give you the actual roots of trading. There are, you know, there are many, many times it just worked. You know, the transactional two to one risk reward trade just pays out and it is profitable and proven profitable to me over the past 15 years. There are instances where you see an opportunity that can deliver multiples of risk. And I saw one and I decided to take it. But the reality is this pullback here took me out of the trade breaking. And then lo and behold, look what I'm watching now. This thing is taking off.  I take heart from the fact I'm not the market. I read the conditions correctly. Unfortunately, this instance, you know, I'm not participating in the trade, but there is value in the experience for me, even if it's not necessarily immediate profit in my 10s. But this is the reality of trading. And this brings me to the final point really as a Thursday at 1230 UK time, I'm going to be hosting a live market analysis session whereby I'm going to be. Identifying setups in the market that I'm going to be looking to trade. I'm going to then review trades that I've taken. And I'm going to give you my take on current market conditions and potential market themes and dynamics and narratives that are developing and where I see the opportunities in the market. And each third, you're going to get to see me practically apply the strategies and techniques that we've covered over the past 12 weeks. And you'll get a front row seat to see how a professional trader navigates what are, you know, pretty tricky, pretty tricky market conditions at the moment. With these dislocations that we're seeing in terms of markets, the opportunity over the next 612 and 24 months is significant. If you know how if you've got a plan, if you've traded through conditions, then you will know that this uptick in volatility and this dislocation in markets precedes fantastic trading. And so what I'm going to show you over the coming weeks and months is how I look to capitalize on that. And you'll get awards and all, you know, you'll see the trades that don't work out and then you'll see the trades that work out and you'll see conditions like this where I called it right, but due to the volatility and price action I just got taken out. So I hope you'll join me Thursdays to Thursday over the coming months and I'll try and walk you guys through what I'm seeing and where I see the opportunity for trades. Other questions. So I'm actually just going to look for you to register for those sessions in the chat box. You should see the question. With the my technical, my tentacles are off the charts set up to not falling.  I execute some of the signals I guess on the daily timeframe on an intraday chart, maybe an hour before our chart that we're often than not. Yeah, so I mean the daily chart there is a dislocation and the dislocation creates a requirement in for participants, you know, big, big money, not, not, you know, not guys, not retail traders, but you know, significant financial entities will need to reposition and realign capital flows with this with the dislocations that we're seeing in markets, and that's what will create new and sustainable trending environments. So this, this phase we're at the moment with this dislocation and the panic. Once that subsets, it's, we'll, we'll see then how players have to real reposition or reallocate capital, and that will start and potentially be the catalyst for for really fertile trading conditions. So, so I'll be walking you through that like I say on on Thursdays as as we go ahead now, and I put the link in the, in the chat box for you to register for those, those sessions. Any other questions. Okay, if there are any other questions, I'm going to wrap this session up here. Thanks very much for your time. I hope you've enjoyed the education. I'm in the past 12 weeks where we've given you foundations in terms of education, introduce you to how I analyze and trade the markets and the tools I use. And like I said, the coming weeks and months you'll get a front row seat to the realities of that. Thanks very much for your time guys.


A group symbol of hope project has said it's currently mobilising religious groups and other relevant stakeholders to curb the real-care incidents of trafficking in persons, sex work and sex slavery, which has become rampant among African nations. Recall that a Nigerian government recently received some citizens from Libya who were victims of trafficking in persons. Also, there have been reports of sex slavery in some parts of Europe where some Africans were lured into sex for money activities. Addressing journalists, the country director of the group Reverend Emmanuel Gabriel said the project was targeted at mobilising oral legion and general public in some parts of Africa with the intention of responding to the dehumanising acts of human trafficking. We owe a duty to ensure that our words, our children, are given a sound moral cultural etiquette to maintain the long-standing attributes of our cultural people. We have heard and we have been hearing how people are selling their children for human trafficking and for economic purposes. For us, we are putting a lot of measures in place to ensure that we contain the urban migration of our children to the western and southern part of Nigeria. The Lutheran... Me on how to be dependent, on how to learn skills, go to school, learn more about life, but going outside there, seriously sometimes it influences you from doing bad things and also the friends who may be there going outside also encourage you, engage yourself into bad things. I learned a lot of things from what they just taught or they teach today because it has made more impact to me. And I think I would like to advise my colleagues or my friends who are even planning to go outside to migrate to another place is because it will not help them and it is better to stay at home because there's a lot of challenges when you go outside so I just prefer my colleagues and friends that should stay at home be stable and do something, they should learn some skills that will help them.


Here at the Ford School of Public Policy, we conduct the Michigan Public Policy Survey. It's a twice per year survey of local government leaders all across the state of Michigan. These are city mayors and city managers, county administrators, township supervisors, and so on. The most recent survey was conducted in the spring of 2012. And what we found is a significant increase in job approval ratings of Governor Snyder. And at the same time, we found increased optimism among local leaders about the direction that the state of Michigan is heading. We think that these increased job approval ratings reflect a pretty wide variety of views among local leaders. Certainly the improving economy is likely to be a factor in some of these views. But the strongest correlation that we found in views at the state's heading in the right direction are tied to the governor's approval ratings. And the governor and the state legislature have introduced a series of bold policy reforms in the last year that are affecting local governments. Things like the Emergency Manager Law. There have been changes in the Urban Cooperation Act that make it easier for local governments to work together to jointly provide services. Limits on what local governments can pay for health care benefits for their employees and so on. So there's been a wide variety of policy changes in Lansing that we think are behind some of these views as well.


What is personal branding? Personal branding is you showing up in the way that you want your dream clients to show up. Don't be the weight loss consultant that's overweight. Don't be the person that's teaching people to live a millionaire lifestyle and you are not being the demonstration of that. Don't be the person that tells other people what to do and you are not showing up in a way that demonstrates. That's the D word for today. Be the one that demonstrates you're the walking, talking, living, breathing, eating, sleeping, example of what you do. You can wear brand colors, you can show up consistently with the same message time and time again. You can be the best looking person in your industry but if you're not the best demonstrator of what you do then you don't have a brand, you maybe have a business, you maybe have some consistency but how do you want people to really remember you? That's what you want to focus on.


Hello and welcome to Around the World in 8 Minutes, a show by People's Dispatch. In this show, we take you to the front lines of struggles against capitalist oppression as the workers of the world strive for a better future. In this episode, we look at the latest developments in the Doctor's Strike in Zimbabwe, where senior professionals have joined the movement. We then look at a long march that has begun in India to save the public sector. Finally, we go on to Bolivia, where a team of human rights activists is facing persecution from the coup regime. Since the 3rd of September, junior doctors in Zimbabwe have been on strike. The doctors have said that they are incapable of going to work since the country's currency has been devalued so much that they can't even afford transport. But instead of addressing these issues, the government has chosen to fire nearly 450 doctors from service. On 26th November, senior doctors in Zimbabwe's government hospitals represented by the Senior Hospital Doctors Association, or the SHDA, went on strike 2 after serving two months as emergency service without pay. Junior doctors in the country have stayed away from work since September 3rd. It's not clear as to exactly how many senior doctors are on strike, but the severely underfunded public hospitals of Zimbabwe have a total of only 200 such senior doctors, including specialists. The senior doctors action is on the lines of their juniors who are represented by the Zimbabwe hospitals doctors association or the ZHDA. The association has reiterated time and again that this is not a strike action per se. They were forced to withdraw their service because of the sharp decline in their wages has left them incapable of affording the cost of reporting to work. Nurses and other allied health professionals are also incapacitated and have been reporting to work only twice or thrice a week under pressure from a health ministry directive. The average salary of senior doctors is less than 500 rtgs dollars and consultants receive a basic salary of 1010 rtgs dollars. Payments in this unsound quasi-currency called rtgs dollar was introduced late last year when the currency was pegged to the US dollar. However, while there has been a continuous slide in the value of this currency vis-a-vis the US dollar, in accordance with which the prices have been rising, the salaries and rtgs dollars have remained constant. Currently 500 rtgs dollars is worth a mere 30 US dollars and 1010 rtgs dollars is equal to 62 US dollars. This is according to the official interbank exchange rate at which as on date 1622 rtgs dollars can be exchanged for one US dollar. However, market rate is varying between 22 to 26 rtgs dollars for one US dollars. However, the senior doctors have continued offering medical care in the emergency wards. In the meantime, rather than taking measures to address their incapacitation, the government began intimidation. Junior doctors were targeted first. Their union's president, 26-year-old Peter Mogambayi, was abducted by suspected state security agents and was later hospitalized for treatment upon being released. Over 448 junior doctors have been fired so far, which is over a quarter of the total 601 junior doctors employed in public health care. Many more are set to be targeted in these mock trials. In the meantime, the senior doctors were paid no wage at all over the past two months for their service in the emergency wards. This has finally left them incapable of affording the costs of providing even this limited service and on November 26, they withdrew from work completely. In a statement on November 27, the SHTA highlighting the persisting shortages of medicines, bandages, gloves and syringes said that the hospitals have remained a death trap, even with the presence of the hardworking, highly specialized workforce that Zimbabwe has. The Indian state of West Bengal is witnessing a long march of workers called by the Centre of Indian Trade Union's CITU with the slogan, save public sector against the government's ongoing spree of selling and privatizing public sector undertakings or PSUs. The 283-kilometer long march by thousands of working-class people began on November 30 from Chittaranjan Locomotive Factory in Pashtim Baddaman district and will culminate at a public meeting in the state capital Kolkata on December 11th. The long march is also in protest against the implementation of the national registry of citizens across the country as proposed by the far-right Bharatiya Janta Party-led government at the centre. Talking to NewsClick, Anadi Sahu, Secretary of CITU West Bengal said, the BJP government at the centre is trying to sell all public sector undertakings. 56 PSUs in our state have been closed down and sold already. In a similar manner, the state government has closed down several PSUs and merged some with others. If this keeps going on, lakhs of people will lose their jobs in the near future. Neither the central government nor the West Bengal state government have paid any heed to one burning question. What will happen to these workers who are losing their jobs because of privatization? Prior to the workers' march, conventions and public meetings were organised in large numbers across all districts. More than a hundred rallies have already taken place in support of the march. We caution the foreigners that are arriving to our country as these seemingly harmless subjects. We are watching them, we are following them. This was the welcome given by the Interior Minister of the self-proclaimed government of Bolivia, Arturo Morello. He added, any attempt to commit terrorism and sedition, they will have to deal with the police. An Argentine delegation of human rights defenders, social leaders and lawyers arrived in the country on Thursday, November 28. The delegation came with the objective of standing in solidarity with the people of Bolivia and verifying the grave human rights violations committed following the coup d'etat of November 10. The threat by Morello was not the first aggressive gesture faced by the delegation. Upon the arrival at the Viru-Viru International Airport in Santa Cruz de la Sierra, 14 members of the delegation were detained by the security forces for hours and subjected to interrogation. Meanwhile, the other members of the delegation were attacked by coup supporters while they waited for their colleagues to be released. Following the incident, the delegation declared, violent groups of Camacho and the police forces illegally interrogated us and intimidated us in Santa Cruz, but we have arrived in La Paz in order to take forward this task in defense of human rights. Depost President Evo Morales, who is currently exiled in Mexico, denounced the attacks on Twitter. 14 members of the Argentine delegation were detained by violent coup-supporting groups in Santa Cruz and subjected to interrogation by the police. The fascist dictatorship has shown its authoritarianism. In the following days, the delegation will meet movements, human rights groups, victims of right-wing violence and their family and religious leaders in order to record testimonies for an exhaustive report on the human rights situation in the post-coup Bolivia. The delegation met with family members of victims of the recent massacre at a church in Sencata in western Bolivia. One gruboy, lawyer and social leader who was violently attacked by coup supporters in Santa Cruz and detained by the police declared, this delegation should not be a nuisance to anyone if, as they say, they really do not have anything to hide. As such, the harassment and intimidation that we are receiving does not make sense. We hold the de facto government of Bolivia responsible for anything that happens to our safety. We are not scared and they will not stop us with this type of threats. That's all we have time for in this episode of Around the World in 8 Minutes. For more such stories and videos, visit our website peoplesdispatch.org and follow us on YouTube, Twitter, Facebook and Instagram. Thank you.


Welcome to Building D. This building is the cornerstone for you as TSHD student. At the ground floor you can find lecture halls and classrooms. Please join us inside where we explain more about what we can do to make your study a success. SAPI is the study association of philosophy. Studying philosophy at Tilburg University is sure great, but you can make it even better by joining the official study association SAPI. Meet new friends, broaden your knowledge and attend amazing events, such as a one-week study trip, a study gala and much more. Learn more on our website or social media. We are Extramurals, the study association for liberal arts and sciences. We offer a variety of events from academic discussions and lectures to parties and a big gala. This is the common room. It's where people hang out and socialize. It's accessible for anyone that's looking for a chat. If we cross the road, we get into Building E, where among other things you can find the Grand Café as Planade. If we take the stairs to the second floor, you can find the boardrooms of various associations. Study Association Flow represents all the students of communication and information sciences. CIS, Cognitive Science and Artificial Intelligence, CSAI and Data Science and Society, DSS. Flow offers a lot to support all the members, like free summaries, tutoring and discounts on books. Flow also organizes many activities during the year where you can meet and hang out with fellow students, like drinks, contests, company visits and many more. Join Flow and get the most out of your student life. Animo is the study association for bachelor, pre-master and master students of online culture and culture studies. Though we are put small, we offer many formal and informal events for our members to enhance their experience at the university and find a group of like-minded people they can always rely on. We are happy to welcome you.


Welcome to All Hands Update, I'm Petty Officer Jen Blake. Winter is almost here and many sailors will be traveling to see family and friends for the holidays. The Naval Safety Center recommends planning ahead before getting on the road, getting plenty of rest before driving and pulling over in a well-lit area if you get tired, checking your tires for tread and air pressure, and always wearing a seatbelt. They also recommend having a winter kit including a flashlight and batteries, warm clothes, water, jumper cables, sand, an ice scraper, a blanket, and first aid kit. Anyone planning a trip can use the travel risk planning system or trips to avoid possible hazards while driving. The automated risk assessment tool and other safety tips can be found on the Naval Safety Center website.