We'll begin by looking at verses one and two Micah chapter six reading verses one and two and getting into our study Micah chapter six verse one here and now what the Lord says Arise plead your case before the mountains and let the hills hear your voice Here O you mountains the Lord's complaint and And you strong foundations of the earth For the Lord has a complaint against his people and he will contend with Israel Now as we've seen as we've been going through the book Micah has been prophesying concerning judgments that are to come and He has prophesied Judgment on the world in general as well as judgment that will come upon the nation and And so as we begin chapter six He once again is giving a message to the world as well as to the nation of Israel and Notice with me that Micah begins by calling on the people to plead their case Before in nature that's basically what he is saying when he says in verse one Arise plead your case before the mountains and let the hills hear your voice plead your case is what he's saying Mount a defense It's a way of saying let humanity as well as nature Hear this case that is about to be presented You see he's calling on nature to be a witness if you will it's just a picture, but he's calling on nature to be a witness Before whom he presents a case against the nation of Israel and so it's like God is saying here You know I have a contention with you I have a complaint we'll look at that in just a moment, and I want it to be public I want everyone and everything to be aware of this particular complaint And so he's dealing with the fact and we've seen this as we've gone through through this book He's dealing with the fact that the nation has not been faithful to him He's been speaking concerning how the nation actually has been actively in rebellion Against him, and he spoke concerning that in chapter 5 Let me remind you of that and develop a foundation so that we can look at the case that God is presenting Because in chapter 5 remember with me beginning at verse 11 How he had said I will cut off the the cities of your land throw down all your strongholds I will cut off sorceries from your hand, and you shall have no soothsayers your carved images I will also cut off your sacred pillars from your midst You shall have no more you shall no more worship the work of your hands, and so as we're looking at that last time together He was speaking concerning the fact that the nation has been in active rebellion against him They've been trusting in a variety of things and not trusting in him They trusted in their military strength. They trusted in their own fortifications. They had given themselves over to idolatry They were practicing the occult He speaks concerning their sorcery and their soothsayers Now I didn't even mention Soothsayers to you last time and I thought you know I'll give them something I didn't share with them last time because the word soothsayers is still used in our day and Yet many people don't know what a soothsayer is and so let me share with you a little bit what that is Because the soothsayers were those that are spoken of in the Old Testament, especially Who were were pretending to be able to predict future events? Soothsayers There are different ways to look at that and it one one way is this the word soothsayer the word sooth When you see the word sooth That actually is an old English word sooth then and this is an old English. It's an archaic word The word sooth speaks of Truth or reality that's how it used to be used many years ago So a soothsayer was actually in the biblical sense. The reason was translated soothsayer is because in the biblical sense these were people who were Presenting what was being called truth or reality what made them Objects of God's judgment is that they were individuals who were not speaking for him and So when God says that there are sorcerers who practice, you know magic and there are Soothsayers God has a contention with them because he's saying you are going to these people for truth and reality When in reality, they are not telling you the truth at all So they would go to these people that are called the soothsayers because they wanted to hear What was said to be true? What was said to be real? But in reality, they were not giving the truth in scripture. They are referred to as diviners deciders Determiners there are times when the word the Hebrew word is used to speak of those who studied the clouds So they were also pictured as or portrayed as or known as astrologers They were also referred to as fortune tellers Spiritists magicians Practicers of witchcraft Enchanters and God said they're not to be listened to Because if you listen to the soothsayer, you will turn away from God These are people who gave words that deceived these are people who gave words That didn't set people free These are people soothsayers who would give words that were supposedly true But the fruit was to bring people and keep people into bondage The soothsayers the occult practitioners were individuals who were attempting to To determine and give out the will of God While at the same time rejecting what God has to say in the Old Testament book of Deuteronomy in chapter 29 verse 29 It says the secret things belong to the Lord our God But those things which are revealed Belong to us and to our children forever That we may do all the words of this law. There are some things that God says I choose not to reveal and There are other things that I choose to reveal and the things that I choose to reveal are for you and for your blessing Not only for you individually, but the things that I choose to reveal are things for you as well as your descendants These are things that God determines to reveal to us a Soothsayer was a person who's trying to find the hidden things They were the ones who were trying to go out and determine the will of God that had been kept secret from man and Thus God says I'm a I'm opposed to you Because if I choose to reveal it it will be revealed But if I choose not to then you attempting to discover those things that I've chosen not to reveal is Placing you in direct opposition to me You are in rebellion against me and thus because you're saying that you know what I am saying You're you're trying to reveal what you say you have sought out and found out with your enchantments and different forms of debonition God says I'm opposed to you And so God is setting up his Complaint against the nation of Israel You see God wants them to know that he has a case Against them and they need to see and that's what this complaint is about to do. They need to see that God is right and and what they have What they haven't and what they will soon endure what they've endured recently and will continue to endure is actually just on the part of the Lord You know instead of complaining against God for him dealing with them, which is very natural for us We you know when the Lord begins to chastise or deal with us in whatever way he chooses to do So very often people get so upset at God We can't love me because because look at how my life is turning out with Lord is simply saying to us But but you've been sowing to your flesh and from the flesh you will reap the consequences of making determinations that are not pleasing to me You are going to reap the consequences. Oh God doesn't love me. Oh, no if the Lord loves you then he's going to chastise you the whom the Lord loves He chastens the scripture says Vizalus therefore and repent So the Lord's word would be true and he's saying this is what's going on And I'm going to deal with you concerning this and you're going to discover that that I'm right about this When you look in the Old Testament book of Nehemiah in chapter 9 verse 33 it reads however You are just in all that has to be fallen us For you have dealt faithfully But we have done wickedly And see that's where we're supposed to be when the Lord is chasing in us We need to say Lord you've been faithful and we've been wicked you are right when you judge It's like what it says in Psalm 51 verse 4 Against you you only have I sinned and done this evil in your sight that you Maybe found just when you speak and blameless when you judge And so that's the whole point of it and so God has a complaint so in verse 1 here now what the Lord says Arise plead your case before the mountains and let the hills hear your voice Here owe you mountains the Lord's complaint and you strong foundations of the earth For the Lord has a complaint against his people and he will contend with Israel And so he says here mountains the Lord's complaint that word complaint is an interesting word The word complaint that he's speaking about here is what you'd call a legal complaint.  It's so hot. I'm sweaty I don't want to go outside and work anymore. Why don't you you know? We're not that's not the complaint that God has he's saying I'm establishing a legal case and I'm presenting evidence that my judgments are Correct and that you deserve to be dealt with in the way that you've been dealt with I have a complaint It's like a legal case that he's establishing so that as he brings charges they will know that they're guilty and It's interesting because the world is to hear God's case against the nation of Israel When he speaks of the mountains and the strong foundations of the earth he's speaking of the nations and he's speaking of The great people and he's saying this is what I have to say In the book of Hosea chapter 4 verse 1 it says there Hear the word of the Lord you children of Israel for the Lord brings a charge against the inhabitants of the land There's no truth or mercy or knowledge of God in the land And so he's dealing with this in a very powerful way and now he speaks in verse 3 and says Oh my people What have I done to you and how have I wearied you? Tessify against me For I brought you up from the land of Egypt. I redeemed you from the house of bondage And I sent before you Moses Aaron and Miriam Oh my people Remember now what Bala King of Moab council and what Bala the Senate Bay are answered him from Acacia Grove To Gilgal that you may know the righteousness of the Lord Oh my people, what have I done to you? Instead of outlining their sins and building a charge I want you to notice how God begins he begins by asking them a question What have I done? What am I guilty of why have you rejected me? Why have you rejected me? What have I done? How have I sent against you? How have I harmed you? you see When you read your Bible you discover some things about God's relationship with Israel there's so many things that we could point to but I'll just Just focus on one thing when you read your Bible. You see that God loved the nation and God From their creation had led them throughout their history There's a very powerful scripture found in the Old Testament book of Hosea. I'm gonna read it to you It's in Hosea chapter 11. Let me read this to you verses 1 through 4 and It says When Israel was a child I loved him and out of Egypt I called my son as They called them so they went from them They sacrificed to the veils burned incense to carved images I Taught Ephraim to walk Taken them by their arms But they did not know that I healed them. I drew them with gentle cords with bands of love and I was to them as those who take the yoke from their neck. I stooped I fed them I Taught I taught the nation how to walk What you have here is a picture that is very tender Anybody who's a parent in this room? Mama dad can understand somewhat of the sentiment that God is giving to us in this verse Because one of the things that that I identify with very much is when he says I taught Ephraim to walk Ephraim is another name that is a picture of the nation I taught the nation to walk is what he's saying, but he describes how he did it He said taken them by their arms You know any parent in here knows the tenderness that's in that's associated with that. What is he saying? Well, you have a baby and the baby when the baby is first brought home. The baby does is lay around Kind of like dad and after a while The baby begins to develop should the natural process of development occur at a certain point Whatever it may be for that infant the baby begins to To roll over to begins to crawl Begins to crawl up to tables or crawl up to couches and Begins to crawl up on the couch and hold themselves up every parent has seen something like this and Then at a certain point they begin to be a little daring and they May hold on to the edge of the table or they may hold on to the edge of the couch Or maybe they'll crawl up to mama or daddy and they'll start Crawling up their legs and they hold on to them and they kind of stand there all wobbly like that All of us who have raised kids and graduate grand children have seen this and then at a certain point what happens is You begin to coax them to walk towards you it may be that you take out your car keys and kind of Make noise with it so that the child Gets fascinated desires to reach out then you keep pulling it a little bit further from the grasp and They begin to move as they begin to move you might reach out and hold their little arms as they're walking towards you You're not clamping on them and dragging them You're just holding lightly to them and you're holding them up and you're helping them to establish their balance and There's a tender activity as you help them and when they begin to fall. What do you do? You throw them on the ground. No, what what do you do? You catch them and you help them don't you you help them to learn To walk and he's saying I taught Israel to walk. I Taught them steps of faith. I taught them how to come to me I taught them that I would protect them that when they fell I would hold them I taught you this and Whatever you've done, you know every person who has a child has a mixture of joy and pain Joy in the senses. I gave us a child Pain because eventually that child does things that they ought not to have done joy and pain and You try to teach them to walk you try to teach them to depend on the right kinds of things to walk straight To have a moral life and God is saying these saying listen. He said when you were a child I loved you and out of Egypt. I I called you you were in bondage. I I brought you and I delivered you I have this this father's love for you this protective interest and and I've taught you how to live This is what I have done. I stooped down and I fed you But he goes on in Hosea 11 verses 7 and 8 and he says my people are bent on backsliding from me Though they call to the most high none at all exalt him There's a complaint and then he says something that I think is so passionate and you almost can hear the the tear in the voice of God Does God have a tear in his voice? You see it all the way in the book of Genesis the tear in the voice of God all the way in the time that Adam Chose to rebel against what he knew was right to do And the voice of the Lord was crying out in the garden Adam. Where are you and as I've shared with you before Sometimes we think that the voice of God there in that garden when he said Adam.  Where are you? Was coming out of the heart of a God was broken because his child had disobeyed and judgment was coming And he was given Adam that opportunity to say here. I am I have sinned against you Which Adam didn't do and we know the whole story as it relates to Adam Blaming Eve whom God gave To me he wouldn't give me the woman. I wouldn't have this problem Well anyway So you hear the voice of the Lord with a tear and in this there's the voice of the Lord with a tear My people are bent on backsliding For me though they call to the most high None at all exalt him and then you hear the tear. How can I give you up? Ephraim How can I hand you over Israel? How can I make you like Adama? How can I set you like Zebo'im? Adama and Zebo'im were two of the cities that were judged alongside of Sodom and Gomorrah How can I bring judgment on you the way I've brought judgment on these cities? How can I set you like Zebo'im? Then it says my heart churns within me My sympathy is stirred So God's desire God's desire is for them to remember what he has done and he's saying to them He's saying you were enslaved and I set you free. I set you free from the bondage of Egypt I'm the one who did that. He says it in verse 4. I brought you up from the land of Egypt I redeemed you from the house of bondage and so we speak in concerning his special care for them He said I set before you Moses Aaron and Miriam When you were set free from Egypt I gave to you leaders. I gave to you Moses when you when you look at Moses You know him as the law giver or you know him as The one who delivered was used by God to deliver and he's saying I gave you Moses He says I gave you Aaron Aaron was Moses's brother Aaron is the first high priest And then you have Miriam. Miriam was Moses's sister She is also regarded and and and revealed to us in scripture as being a worship leader And a prophetess He says I gave to you the essentials of faith. I gave you deliverance.  I didn't leave you in bondage He's bringing his complaint. What have I done to you? Look at the good that I've done to you is what God is saying here. What have I done to you? How have I wearied you? Testify against me. Let me tell you what I have done when you were in Egyptian bondage I set you free when you were in need of a leader. I gave you Moses when you needed to know my ways I gave you Aaron When you needed to come to me through a priest Aaron was there when you needed to worship Would you wanted to learn to worship and know my ways? I gave you Miriam What have I kept from you? And then he goes on and says this in verse 5 he says oh my people Remember now what Baelic king of Moab counseled and what Baelum the son of Bioran answered him from acacia Grove to Gilgal that you may know the righteousness of the Lord interesting interesting It's interesting how come the Lord brought this up to them remember now what Baelic king of Moab counsel This is another story that relates to the Old Testament Wanderings of the nation of Israel and when the Israelites were on their way to the promised land They were wanting to enter in they were about to enter in but as they were about to enter in they had to go through a Particular portion of land the Moabites land and as they were going in that direction there was a king there and The king there didn't want them crossing through and he didn't like the idea of the nation of Israel Going into this area and all he wanted to hinder him. So what he did Baelic did is Baelic went out to hire a prophet by the name of Baelum We all know Baelum And he said to Baelum I want you to bring a curse against the nation of Israel And I'll make you a very rich man if you do what he had done is he sent messengers to Baelum but when Baelum Wanted to come and to to speak to him. He got on this donkey.  Why won't you start? We've never done that We don't understand at all. What what this mad prophet was doing. Do we? But that the thing that's amazing to me about it is the donkey speaks to him and he is so upset now We have our you know our nav systems that speak to us now But And our phones do too minds an Australian man That's the truth.  I cannot bring a curse But he wanted that money He wanted the money because because Baelic the king had said I was going to make you a very rich man But it's required of you That you bring a curse to the children of Israel and he said I can't I Cannot bring a curse against him if God is not cursing them But listen here's something very practical and I always present this whenever I look at the story of Balaam He wanted that money more than he wanted anything else and you know what he did He gave counsel to Baelic and how To get God to move against the children of Israel do you remember what he did? I'll tell you if you don't what he did is he counseled them by saying the God of Israel is a very jealous God and He's given commands to his people that they are not to intermarry with pagans They are not to have a relationship with people who are not under his covenant if you bring some of the women from your people who were idolaters and You introduce them to the Jewish men The Jewish men will go after the women and when they go after the women God who is a righteous God Will judge the nation of Israel and will bring His anger against them. I can't curse them But I can give you ideas on how to get God to move against them And that's what he did and the Lord is reminding him concerning what had happened there All my people remember now what Baelic king of Moab counsel and what Baelum the son of Bior answered him I'll give you money. This is how you can do it. He's saying that is in your history I wanted to bless you But he was counseling ways for me to have to turn against you you see Baelum couldn't curse them But he did counsel Baelic to introduce the Jewish men to the women This is spoken of in Revelation chapter 2 verse 14 where it says I have a few things against you because you have You have there those who hold the doctrine of Baelum who taught Baelac to put a stumbling block before the children of Israel to eat things sacrifice to idols and to commit sexual immorality and That's why God rose in opposition to them And he's reminded them that the judgments that have come upon you have come for good reason you violated your relationship with me He says Finally in verse 5 you know that you may know the righteousness of the Lord The reason that he had done all these things Interestingly is interestingly is that they might come to know how righteous he actually is It was Israel that actually determined to rebel against him He didn't have an intent to have to judge them But you know that I'm righteous and this is how I've demonstrated it as I've moved against you When you've rebelled now in verse 6 continuing With what shall I come before the Lord and bow myself before the high God? Shall I come before him with burnt offerings with calves a year old? Will the Lord be pleased with thousands of rams or 10,000 rivers of oil? Shall I give my firstborn from my transgression the fruit of my body for the sin of my soul? What an interesting thing Micah gives them the answer of how they can approach God who is righteous and let's look at this They're saying what kind of offering should I bring to this mighty king? How many valuable offerings can I bring to him in order that I might be accepted by him? Should I give him offerings of calves or rams or oil? Should I offer him my firstborn would that be enough to pay for the price of forgiveness? What will I do to satisfy him? We've gone through all the rituals and yet he remains unsatisfied Have we not done enough already and what kinds of things must I do to be accepted by him? Well, I want you to notice a couple of things and we're gonna look at this in a little detail in in in a moment But I want you to see how he said in verse 7 will the Lord be pleased with thousands of rams 10,000 rivers of oil Shall I give my firstborn for my transgression how can how can my sins be dealt with? How can your sins be dealt with you know, there's an entire system Let me share with you for a few moments about this now There's an entire system of human belief religious systems that believe that somehow somehow We can do enough good things to outweigh the bad things that we've done There's this mentality.  You were sincere. You tried hard You were religious you went to church on Easter and Christmas you went to to to weddings and baptisms I'll let you in But but what's interesting about this to me is they're not talking about light things here. They're talking about Expensive things should I give them all my luxury items? Should I go so far as he not even is not just the oils And it's not just the other things. It's not the calves. It's it's not the the various sacrifices What if I What if I gave my firstborn Would that be enough well the fact is No, the fact is if I gave my firstborn Which I wanted to do a number of times the shoes growing up, but if I That wouldn't have been enough God gave his firstborn.  I didn't know what to do. I'm glad that you told me I'm Who has ever been able to do that? Give him rivers of oil Multitudes of offerings and not up none of it is sufficient These things are not enough in Psalm 49 verses 6 through 9 it says They trust in their wealth boast of great riches Yet they cannot redeem themselves from death by paying a ransom to God Redemption does not come so easily For no one can ever pay enough to live forever never see the grave It's no matter what you do no matter what you give the cost of a soul is very high So how do you have a relationship with God? What's the answer? Well, he says it in verse 8 He has shown you oh man, what is good and what does the Lord require of you? But to do justly to love mercy and to walk humbly with your God. What is it that he has shown you? He's shown you these three things. He said do justly He's saying doing justly is a way of just simply demonstrating that your faith in God is real Be just in your dealings be just in your dealings with other people be honest have integrity Be true Like it says in Psalm 15 1 and 2 Lord who may abide in your tabernacle who may dwell in your holy hill? Then the answer is supplied he who walks uprightly works righteousness speaks the truth in his heart He's not saying that that their works are going to justify him before God But that their faith is going to produce a life that has works You're not saved by your works. We all know that the New Testament reveals that very clearly It is not by works of righteousness, which we have done It's God's work on our behalf But anybody who has been saved anybody who has faith as exercise that faith in Christ knows That we are not saved by works, but works are produced by genuine faith because a Faith that doesn't have any works is dead James said being alone so The real mark of somebody who has a relationship with God Is a different kind of life? It's a life that is obviously Different we're living in a day all of us know this Where there are many professing to know Jesus Christ who don't live as if he exists It's been called practical atheism in One way what it is is there say no, I believe in God and the other you're denying him by your behavior There are many people who say oh, I believe in God So he says he has shown the old man what is good and what does the Lord require of you? Do justly Let your life Shine with integrity. Let it be true. Let it be real Let it be righteous in Proverbs 21 verse 3 it says to do righteousness and justice is more acceptable to the Lord than sacrifice So let your life Demonstrate it let your light shine Secondly, he says love mercy The word mercy is the the Hebrew word has said The word has said is some have said that it's a very close word that is similar to the Greek word agape That has said of God speaks of goodness the kindness of faithfulness and So he says love mercy In Psalm 18 verse 25 it says with the merciful you will show Yourself merciful with a blameless man. You will show yourself blameless with the merciful you show yourself merciful Jesus and Matthew 5 verse 7 said blessed are the merciful. They shall obtain mercy See one of the things about being a Christian is we have come to realize that by nature We don't normally have mercy by nature We have a desire for revenge or getting even But we don't naturally turn the other cheek. We don't have someone slap us on one side and say oh, I'm glad I've got another one take a shot We don't do that No, we have a tendency of responding without mercy and yet there is no mercy shown to the one who has never shown mercy and So blessed are the merciful they shall obtain mercy. He says he has shown you oh, man What to do? What is it that the Lord requires of you do justly love? Love mercy It's not that you kind of like mercy or think it's good especially when it's shown to you But it's a habit. It's a disposition. It's an understanding that Justice demands your heart to be merciful and Then he says and to walk humbly With your God in James 4 verse 10 humble yourselves in the sight of the Lord. He will lift you up. I Knew a guy one time where I was talking to him and he was boasting about something and I I was a brand new Christian I wasn't more than a year or two old in the Lord and and he was at my house And he was boasting to me about a few things some of his spiritual exploits and all and I said, you know Humility is a good thing Because he was bragging I said, you know, God likes humility And he looks at me and says humility humility. I said yeah God likes it if we're humble He says humble. I am humble. He out. This is a quote I am the most humble man you're ever going to meet and I knew he was wrong Because I was the most humble man Isn't that kind of odd to argue about your humility to be proud of being humble? But to do humbly to have a humble spirit In Romans 12 16 be of the same mind toward one another do not set your mind on high things Associate with the humble do not be wise in your own opinion You see this is the fruit of salvation and this is not self-generated in order for us to be able to do this requires I have a relationship with God We want to do justly we want to love mercy. We want to walk humbly, but all of that comes through a connection with God So that we have humbled ourselves before him and he will lift us up in due time We learn to walk with justice and we show mercy to others Because these are all internal qualities that are expressed through behaviors And he says do you want to know well? He's shown you. This is what he requires of you No, he's not saying to them. This will make you righteous. He's saying this exhibits you as being righteous Then he goes on and says in verse 9 the Lord's voice cries to the city wisdom shall see your name here The rod who has appointed it? So judgment is coming And the wise one will recognize that the judgment is coming from God verse 10 are there yet the treasures of wickedness in the house of the wicked and The short measure that is an abomination Shall I count pure those with the wicked balances and with the bag of deceitful weights For her rich men are full of violence her inhabitants have spoken lies Their tongue is deceitful in their mouth So that speaks of those who have accumulated wealth through the robbing of other people They were using false weights and measures. They were overcharging people They were lying to them and profiting off of them.  This is what's going to happen to you I'll give you over to the sword then he says verse 15 you shall sow but not reap You shall tread the olives But not anoint yourselves with oil Make sweet wine but not drink wine for the statutes of Omri are kept the works of Ahab's house are done and You walk in their councils that I may make you a desolation your inhabitants a hissing Therefore you shall bear the reproach of my people Okay Omri and Ahab Interesting names Omri was an evil king in the nation of Israel He's referred to in first Kings chapter 16 one of the most evil kings that Israel ever had Ahab was his son and Both of these kings were extremely evil in the sight of God When you look at first Kings you discover that through the king Ahab The worship of a God called Baal became the religion of Israel So instead of following the Lord statutes The people are now following the statutes of these evil men the statutes of Omri and the statutes of Ahab That's what he's saying here The result is going to be God's judgment on them Even though these people had been evil in the nation 200 years or so before But the effect of their influence is still being experienced by the nation They had a history of rebelling against God and God reminds them of these two extremely evil evil kings You may not remember the name Omri. That's not a name that you see come up in scripture a lot But you know Ahab Ahab had a wife named Jezebel. I meant a few And she was The one who when he married her she was the one who brought her evil worship of Baal into the nation of Israel and He began to turn the nation of Israel into a nation of idolaters it was through the influence of of Jezebel and the weakness of this man's moral character and lack of faith in the true God of Israel and God is saying you have a history of Idolatry a history of rebelling against me. I Can go back and remind you and that's what he did. This is my complaint I can remind you how that when you were a child.  You had my word That you could refer to I let you know what was pleasing to me. I Wanted to have a relationship with you and so I established a priesthood and I gave to you Aaron who was the first high priest and Aaron became that one who was an interceder was to have been the person that That would help you to come come to a relationship with me Moses delivered you Moses gave you the law Aaron was the priest And then you needed to learn how to worship and you needed to know my ways And I gave you a prophetess by the name of Miriam But what did you do with that?  Don't you remember? So you have a history of Rejecting me and he's saying oh mountains and hills listen to my complaint Am I right in judging this nation or am I not a? nation with a history of rebellion Out to be judged and he says and because of this my judgment is right and my judgment is pure One of the things that will close with and always remember is this you cannot argue your case with God You can't beat him in an argument You can't oh You may be able to beat me in an argument and many people can but you can't beat God He knows everything He knows the little details that we forget to oh You know we may have deleted those emails, but he knows where they're at He knows every word of them and you can't bleach them, but they can be washed by the blood Praise God for that You washed us clean by the blood of Jesus Christ and that's why we can have a relationship with him and that's why we can do justly and that's why we can love mercy and That's why we walk humbly with our God because he has saved us Amen


Welcome, traders, to another Tick Mill Earnings Report Preview with me, Patrick Manley. Before we jump into today's report, it's important that we adhere to the risk disclaimer that the material provided by me is for information purposes only and should not be considered as investment advice. Reviews, information and opinions expressed by me in this recording are solely mine and they're not indicative or representative of those held by Tick Mill UK or Tick Mill Europe Limited. Right, let's jump into today's report and we are looking at Apple. Apple are set to release earnings this evening after the New York Close. Looking for an earnings per share print here of $1.43 on revenue of $94.03 billion. I would say there is a whisper number on the street that the earnings per share can actually print as high as $1.57 billion. Some of the key metrics to look for in the report tonight are going to be really around Apple's iPhone revenue. iPhone sales are a substantial portion of Apple's revenue and historically have accounted for about half or more of the company's annual revenue. Apple's coming report for fiscal Q1 year includes the November to December holiday sales period. Apple's iPhone sales have often benefit from a strong general retail industry environment. During the 2021 holiday shopping season retail industry sales were up more than 14% year every year to a record $886 billion according to the National Retail Federation. That strength came despite inflation, supply chain issues and the pandemic. Apple's iPhone revenue has been more erratic compared with its overall revenue performance in recent years. The company's iPhone revenue declined during six of the eight quarters between the year 2019 through to the fourth quarter of 2020. The worst performance during the period was a 20.7% drop in sales during the fourth quarter of 2020. Beginning in the first quarter of 2021, however, iPhone revenue began to rebound. Sales climbed by 17.2% year over year for the first quarter of 2021 and by 65.5%, 49.8% and 47% for the second and third and fourth quarters respectively. Analysts expect a sharp slowdown in iPhone revenue growth for the first quarter of 2022. That rapid growth may be near an end, despite record holiday sales for the broader retail industry. Analyst estimates that iPhone revenue grew a scant 4.3% year over year in the first quarter of 2022. That's a quarter of the growth rate compared to the same quarter a year ago. Short shifts and delivery delays were a big factor, constrained consumer sales preventing Apple from having the blowout quarter predicted by analysts. Let's take a look at some of the statistical trading patterns that we can expect around the earnings release. The stock has moved higher in the immediate aftermath of earnings 6 out of 12 previous reports. On average, the stock moved up 1.2% in the first day of trading after the company reports its earnings. Based on the previous 12 earnings releases, Apple is more likely to trade higher one day after earnings for an average gain of 0.1%. The average post earnings 5-day performance is 1.8%. In terms of the option markets and implied volatility, options traders are pricing in a 5.9% move on earnings and the stock has averaged a 3.2% move in recent quarters. From a flow and sentiment perspective, there's been some notable buying 53,421 contracts at the 1.75 call expiring this Friday. Options order flow sentiment in general though has bearish. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat. Consent assessments for year-over-year earnings growth of 2.14% with revenue increasing by 4.96%. Short interest has increased by 12.7% since the company's last earnings release, while the stock has drifted lower by 2.4%. It's open from its earnings release to be 1.6% above its 200-day moving average at 1.5927. Let's take a look at the technical setup now and see where the trading opportunities may be for this coming release. From a technical perspective, Apple, like most tech businesses, has been in a corrective phase. What I'm looking for now is whilst we hold resistance at 179.87, I'm looking for a pullback into this high-volume node at 149 and the equality objective 146.97, also the projected descending trend channel support here. I'll be watching for bullish reversal patterns in this area to engage on the long sides and then we will initially be looking for a re-test of the channel resistance up as high as 177. If we get through there on a closing basis through 180, then we target the next upside objective as 192.66. However, if the earnings do come in weaker than expected, then we get a negative reaction in the market. Any close through 146 will open and move down to test support to 136 as the next downside objective. As always, traders plan the trade, trade the plan and, most importantly, manage all this. Until next time, thanks very much.


The Yankees seem like they are in play Brian Kastron said pitching is the big story John Heyman a fan cred tweeted out Yankees have interest in Kluber Corasco and Paxton in addition to free agent targets Corbin Hap and CC and The Yankees are meeting at least with the Indians today. So knowing that we broke out some numbers This past year Kluber twenty and seven two point eight ninety are a Pits the most innings in the American League 215 has a whip of under one 222 strike has in 215 innings now the thing that was concerned you with the Yankees The Yankee players get great on how they do in the playoffs Kluber four and three three point nine seven which is not terrible But certainly not commensurate to the way pitches in the regular season. He's won two Cy Young Awards He's had three all-star selections Carlos Corasco this year seventeen and ten three point three eight hundred and ninety two innings pits two hundred and thirty one strikeouts a whip of 1.12 in the playoffs two series all in one one point six four James Paxton This year eleven and six three point seven six two hundred and eight strikeouts in a hundred and sixty and a third innings All three of those guys You are going to have to trade for Zach Grinke you'd have to trade for this past year fifteen eleven three point two one Playoff stats three and four and eight series four point oh three One of Cy Young in two thousand nine five all-star selections, and then there's Patrick Corbin With the Diamondbacks eleven and seven three point one five two hundred and forty six strikeouts two hundred innings two all-star selections two thousand thirteen two thousand eighteen sandwiching Tommy John surgery so he's gotten that out of the way pre-disastered he Would just cost money and has always dreamed about playing for the Yankees the other guys if you're gonna be in play for those guys You are going to have to give up big-time products So now you can really deplete what you have it doesn't take long Michael We have these have depleted what they the Yankees used to have the best or the second best form system in the game All the trades they've made the ones with the White Sox for David Robertson and Todd Frazier The ones for Sonny Gray mm-hmm a lot of your top prospects are gone now They have great prospects in the bottom levels that they signed internationally true, but we don't know what they are Yeah, you know you have Estevan Floreal you have Justice Sheffield and if you want you don't look at and do harm and and Labor Torah as prospects, but my question now if you're the Yankees and you know you have to improve your pitching Would you give up? Labor Tars and I wouldn't no, I'm not giving up Labor Tars for 32 year old short Cory Cluver. I'm Cleveland That's what I'm gonna hold out Would you give it up or do you not even go there and just say I can get Corbin for just straight money And then that's what I'll do right although I get I worry about these National League pitchers coming to the American League You wouldn't have that problem with Cleveland those guys have pitched in the American League pitched to Yankee Stadium Consistently, but all you have to do is have a couple of trades to deplete that farm system now If you get these pitchers and when yourself a championship, you're not gonna care necessarily Also factor in where do we stand with Frazier with the concussion and what's bird right now?  I might just go Corbin He wants to be here. He had an excellent season last year Then you don't worry about any prospects and and Brian brought this up yesterday and talking about Sonny Gray You've got to know if somebody's built for New York now Corbin didn't grow up in New York City grew up in upstate New York. That's a big difference There are guys that have come here. That's just haven't done it. AJ Burnett was a better pitcher before and after with the Yankees Sonny Gray a really fine pitcher with the A's he's gonna be good wherever they trade him and they really Brian Castro said they've got a lot of bites on him. So they're gonna be able to trade him There are players that you know going way back Ed Whitson some players can't perform here I don't know how they I mean I'd have to do their due diligence on Patrick Corbin But you never really know until they put pinstripes on and that's you don't know that's a risk As you said the guys that we spoke about they played in the American League They face nine-man line-ups not line us with pitchers So Patrick Corbin's used to having an easy out now Corbin pitches in a building that does give up a lot of home Not an easy bill but you get to pitch a Chavez ravine you get to pitch an AT&T Park You do have ballparks in the National League that are spacious compared to the American League where you play it You know Fenway Yankee Stadium Listen, I know it's nitpicking, but you said there's a history there You can go to Brown and Johnson and was it right was it there was a Jared right right? Yeah, the really good pitcher in the National League came to the Yankees didn't pitch very well So they've had buyers remorse before but you give up a lot of prospects and if see if you sign a free agent It doesn't work. It just cost you money Mm-hmm, but if you if you trade for a clue burn He doesn't work out that then that's the prospects that you gave up that can come back and want you


The following is a presentation of TFNN The Traders Edge with Steve Rhodes Toll free at 1-877-MAC-27-6648 or internationally at<PHONE_NUMBER> The Traders Edge now Steve Rhodes Good morning folks, welcome to the December 27th, the wonderful Wednesday edition of today's Trader Zed Show I'm your host Stevie Perseverance Rhodes who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there 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 means we can find the gift in every set of circumstances that life is gonna Toss at us. Now today you and I we're gonna go check on the circumstance of these markets We'll go figure out 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 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 I'd love to hear from you eight seven seven nine two seven six six four eight That's the number to call in and if you've got a question, but you can't call in you can always send me an email Now send that off early and send that to Steve at TFNN.com Inside the subject heading, please put radio show question Of course, if you're inside our Tigers then well than any in every ping will do So let's go ahead and get this show started on a wonderful Wednesday, of course This is Tiger financial news network. I'm Steve Rhodes. Welcome to the show We got a mixed bag as we begin our day We've got the Dow up 38 points in New York Stock Exchange up 10 the other US indices trading the downside three points for the S&P eight points for the Nasdaq two points for the Russell seven points for the Summai's Gold's up nearly 20 bucks Silver's up nearly 25 cents lights recruit us off 63 pennies natural gas up 9 cents So three treasury up nearly one point printed out at 120 507 The leaders in the clubhouse to the upside Cytonetics up 31 bucks 68% micro strategy 24 bucks nearly 4% coin base about 11 bucks 6% Costco 8 bucks 1 1⁄4 percent Eli Lilly nearly 5 bucks less than 1% to the upside our shakers Pro shares trust altars something else not that net ease is down 5 bucks Albie Maro is down 3 and a half Adobe's off 3 that's a half a percent Paloal Networks off 3 and United Rentals down 3 as well nothing really gigantic to the downside Not really gigantic to the upside either So let's go ahead and begin our day by taking a look at the US equity future chart Stevie's put together slightly different set than what you're used to seeing out there Let's see if we can change our windows and get over to the ES mini let's begin with the ES mini I'm pretty sure this is it. Let me see be it up on the screen there That looks like it. I can't blow it out Hopefully over in the upper left-hand corner. You're seeing the ES mini it shows that of these so what I've got here Just so I can let me explain what we're looking at here So I've got in one the first column I've got the ES mini the daily time frame up at the top and then about halfway down I've got the NQ so we got the two daily charts along with all the tools you and I look like then we move over to the same Two instruments just a weekly time frame and now we've got a monthly time frame look So in one snapshot we could see what's going on daily weekly and monthly for these two will flip over take look at the Dow and the Russell, but here's what we know right now with regard to the ES mini first We take a look at the daily time frame has formed a teeny nine count erodesment and indicator bottom in the case of the NQ It was just a teeny nine count bottom We know that yesterday price closed above the teeny nine count top that took place on the bar following bar number nine out there Let me get my cursor out here. I can be a little bit more specific than that I can tell you that was a bar from December 20th out there So price is closed above that is trade above its greenhouse under change line a trade above profile levels It's in it's in a bullish breakout mode. It's as bullish as you can't get out here That's the daily time frame that being said it has triggered erodesment and indicator top That requires a bearish reversal candle to confirm that pattern much like we had at the bottom Do we have the same kind of move anything as possible? We just have to watch his price test different support levels But we do know it's not until we get that bearish reversal candle would that confirm a Rogement and indicator top for the ES mini in other words it can extend itself this roads meant to indicator signal can extend itself That's why we wait for a reversal candle, whether it's at the lows or at the highs if we take a look at the NQ on its daily time frame It too has triggered a roads meant to mitigate it on the ES mini never had a top So it never had a top out there whereas the NQ did have a teeny nine count top But what the NQ has done just like the ES mini both of them have triggered roads meant to indicator signals And those are important for us to pay attention to you might say why and I'll show you reason why and these are really great Signals and tools in fact last one that formed out here. That was at the trading session of That formed out here on July 21st we're taking a look at the weekly time frame chart now for the NQ I guess I'm at the weekly chart. That's okay. I don't have a I do have the weekly chart So the weekly chart for the NQ let me take a look at that before I open that chart up The weekly chart for the NQ is going to go ahead and confirm a teeny nine count top on Friday It'll complete that pattern next week. It also is in wave number seven that requires a lower high to confirm that pattern out there Now the pattern that's more important in my opinion would be that roads meant to mitigate a signal We get a bearish reversal candle there that says prepare for a move lower move lower Well, how far of a move lower? Well again getting back to the July highs that came out there Price moved all the way down into lows into the October November time frame out here So that high took place on July as I mentioned in July. So I've got other identified patterns out here I've identified those ones that Complete of the pattern meaning that it generated that bearish reversal candle So you can see how price has responded these get these are weekly charts that we're taking look at and that's a very important pattern For us to continue to watch and see how it develops now that pattern could get negated negated by never even forming a bearish reversal candle and losing that Relative strength divergence issue that is part of the part of the Part of the of the indicator out there. So let's continue on with this here on the so the ES mini also is in wave number seven That's letter G It also is going to go ahead and confirm a TD nine count top this week if you ask me which are the two patterns that I Prefer I prefer the roads meant to mitigate a signal at the top or the bottom But the TD nine's work in fact the weekly chart confirmed a TD nine count top out there And that took price all the way back to its breakout level that was at 42 33 in the case of the NQ I think we've already covered that wave seven roads meant to mitigate a single TD nine count the whole nine yards Now the monthly time frame charts for both of these instruments is bullish In fact, you could make the case that on monthly basis the NQ has now confirmed a A to B equal CD to the upside pattern and the same would be true with the ES mini for its monthly time frame Now that's already true for the case for the weekly time frames I don't have them drawn in here, but we talked about that yesterday It's the weekly time frame charts that have the confirmed patterns to the upside We took a look at the spies or the cues. I think it was the spies yesterday It was a weekly that has that confirmed Move up to I think it's the 155 ish area something don't quote me on that but something like that So that's what the monthly time frame chart is signaling to you and I at this stage of the game Now that's for the ES and the NQ. Let's go take a look at the Dow equity future contract Let's try to do this one quickly because we've got about you know, maybe 15 20 seconds I think it's going to be this screen. Yeah, so in the upper left You've got the Dow equity future contract It's also triggered a roads meant to mitigate a signal as has the Russell Which yesterday negated it sell the d-point pattern out there Steve Rhodes with TF and I will be right back We'll finish taking a look at these so we'll get to a couple of requests that have come in One for many to take a look at AMD Carvana for John and the Tiger's Den and g-man watch take a look at Amazon We'll be right back 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 comm 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 comm 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 and 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 comm educating investors Steve Rhodes started his trading career as a student almost 20 years ago And the student has now become the master Steve won the prestigious timer of the year award in 2018 and Barely missed that mark again in 2019 Finishing at number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge With anyone who wants to learn and he shares his vast amount of trading knowledge every day in his mastering Probability newsletter Steve's award-winning newsletter Mastering probability is delivered every trading day with updates throughout the afternoon sign up for Steve's market newsletter Mastering probability and you'll receive access to seven of Steve's educational webinars Absolutely free at TFNN all our newsletters come with a 30-day money back guarantee So you have absolutely nothing to worry about visit TFNN comm and try mastering probability 30 days risk-free today TFNN educating investors TFNN has launched the Tigers then hosted at discord DfNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours The Tigers then available to all Tigers and Tigris's for just one dollar for the year There's no catch or added costs when you join our community of traders sign up today To become a part of this educational community of traders. Just visit the front page of TFNN comm toll-free at 1-877-927-6648 internationally at<PHONE_NUMBER> Church up on our screen the Dow the Russell 2000 you'll see that here on the Dow charts for the daily timeframe But to his triggered erosement to indicator signal as has Russell 2000 So we should get some type of top we should get some type of top anywhere between today and the first week of January let's say by next Friday out there. So we're on top watch out here for the daily timeframe That's just part of the seasonal cycle out there doesn't mean that it will happen But we now have the pattern that's the one that we most want to be paying attention to and that's that road's been to Indicator signals for the daily timeframe. We do have it in a couple of the weekly charts. We look at the NQ That has that weekly signal. That's the only one actually that has a weekly signal now in the case of the Dow equity future contract It is likely going to confirm a TD 9 count top by Friday In the case the Russell 2000 no such thing out there the Russell's in a world of its own Where's the Russell 2000 headed to that's a great question on its monthly timeframe It does have erosement to indicator signal or the Dow has erosement to indicator signal. I apologize for the It's monthly timeframe. Where's the Russell 2000? I think the Russell 2000 will take its P's and Q's from the other three equity future contracts If they actually top by doubt that the Russell's going to continue It's a beautiful rally that it's had for the last couple of months out here So to summarize this you can see that we've got or you you have seen We've got weekly signals weekly topping patterns that are going to confirm this week complete next week Right right as we're coming into the seasonal pattern that identifies at least short-term top Sometimes longer than a short-term top out there and the daily timeframes have the signals roads meant to indicator signals So the first bearish reversal candle for whether it's the ESC NQ the Dow or the Russell 2000 That'll be our signal that we likely do have the top in whether it's for this year or it's the top It's the early top of next year. Okay, so let's move on and take a look at some requests out here We can always go back and take a look at the indices. I've got the same set of charts up here for indices and a few other things Gold silver lights recruit natural gas, but for the moment, let's go take a look at Start on some of our requests out here. The first request that came in Is from Eddie this is from yesterday and Eddie wanted to take a look at AMD I think we were trying to get to it But we had a being unable to do that now right now on a daily time frame Eddie AMD has a TD 9 cow top that formed on December 19 and that high out there is 14347 a close above 14347 you're trading above that right now negates that signal You'd be trading above the top of its profile screen outside and change line That would tell you that this has more room to the upside that is on AMD for its daily time frame Turns out that we look at the weekly time frame price is going to as in wave number seven Although I kind of call this more of a C a wave number three than a wave number seven That's because to the downside AMD got to wave number four once you get to wave number four from my standpoint Yeah, that seventh wave kind of goes away with regard to that signal But it does have a TD 9 cow top that is going to confirm this week and is going to complete next week So much like the NQ's patterns out here. You've got the same pattern really inside AMD Now on a monthly time frame much like we took a look at in the monthly time frame for the ES or the NQ out there Here you've got a confirm Well, I don't know if it's confirmed yet, but you have need to be equal CD pattern the upside The B point is from June of 2023 now There's 1.5 billion shares in the month of December year 1.1 pretty good Considering we are in light trading out here. This is suggesting that price wants to go target that high That's the high of November 2021 and that's up at the 164 46 level But we've got to give priority to this weekly and daily signal out here Now if price does end the day back below its TD 9 count high that's at 143 47 Um that could be telling us that this is really getting ready to top out here And if it closes above it well that it suggested it wants to run further to the upside On a short-term time frame chart Do I have anything to help us out here Eddie on a 30 minute now? I believe you closed out your call position yesterday, but that's okay. You know, I think that's what you did I can't recall now But I'm still going to go ahead and give you the review of the of the charts out here on a 30 minute time frame I don't really have a topping pattern per se that we're going to worry about at this moment Price is trading above or right now the top of that 30 minute profile. So that's a bullish signal out there So AMD again nothing more than what we did at the open and if it closes above that high From back on the trading day of December the 19th again that high out there was at 143 47 This suggests it wants to continue to run higher. So thanks for waiting today Eddie and thank you so much for that request John inside the tiger's den would like to take a look at car vana And we take a look at car vana Do we have a sell the d-point pattern on its daily time frame? The answer is we do or it looks like we do Looks like there was close to about a 0.382 retracement out here And so let's go with a sell the d-point pattern with price right now testing a key level of support, john And that's that oscillator and change line This is the area where if you were looking to add to a position one would consider this area 52 99 That's that green oscillator and change line as long as price remains above that even though Let's say we've got a top out here the signal is somewhat neutralized now It really gets neutralized or gets bullish when price takes out that high if it can do that That's a close above 62 59 If price closes below this we got to go take a look at a short term time frame chart See if we get some kind of signal out here for you john But the price closes below that your next area of support your next buy zone is between 47 52 and 50 0 3 If price closed below 47 52 Then that would be telling us to prepare for a further move lower and that price chart would be 29 84 That is not what we have as we speak right now. That's the daily time frame for carbana So what we can't say is price is testing support now when price tests support on a daily time frame We like to look to the intraday charts to see if it's doing the same thing When I say doing the same thing is it identifying a bottom? Is it identifying a bottom? Is it testing some support? Turns out that in the case of 30 minute charts for carbana They formed a roadsman to mitigate her bottom at 3 30 yesterday afternoon had a little bit of a rally Now we've just got price consulting with inside his profile testing that bottom out there So if price can close again back about 53 95, you're likely to get a move to 58 38 Really what it really needs to do is close above the side Don't know why price stopped there at 10 o'clock this morning. That's up at 55 48 But it did so you do have a bottom inside of carbana on the 30 minute time frame chart With the daily time frame chart testing a support area The weekly chart says if we get a bearish reversal candle on friday That will confirm a roadsman to mitigate her top short of that price should continue to move higher The monthly time frame chart you're trained about profiles On it really needs to what spiny resistance where it formed this bearish engulfing That was a month of september of 2023 if this can close about 56 80 That would be a very bullish or that would be a very positive Signal for you with regard to carbana. So, we know where our p's and q's are we know where support is We know where resistance is as well We know the signals that have been generated. John. If there's anything else that I can provide for you Please let me know otherwise. Thank you so much for taking the time to put in that request G man inside the tiger's den would like to take a good amazon if he wants take a look at it I want to take a look at it and his question is where is the upside continuation to when we take a look at amazon So I don't have any kind of a topping pattern on the daily time frame. Let me just open this up and make sure Pull it back even further Yeah, I don't know about the a to b equal cd. So I don't at this stage I don't see a real topping pattern I do see resistance and resistance was established now Here by the bearish shooting star from december 20th So your resistance level or a resistance level is at 155 63 Price is trading above some other resistance. That's its bearish structured daily profile That's a bullish signal in order to get its support in order to get its mojo Needs a close by the screen oscillator and changeline though. That's at 153 87 That's a number for you to keep an eye at give a couple pennies or two But we'll be right back to finish up amazon for gmail The gold report As a precious metal gold is still king It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market The us futures market and the shanghai gold exchange the gold report tom obrien publishes his weekly gold report every monday morning for subscribers Consisting of coverage of the xau hui gdx the dollar bonds the south african rand As well as 25 different mining equities with specific buy sell recommendations The gold report New subscribers get a 30 day money back guarantee so you have nothing to risk Subscribe to tom obrien's gold report newsletter now at tfnn.com Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at tfnn You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv Live every market day from 8 30 a.m. To 4 p.m. Eastern for free Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world From the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts to help You make the right moves with your money watch online at tfnn.com or on tfnn's youtube channel and become the investor You were born to be tfnn educating investors Tfnn has just launched their new trading room the tiger zen 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 And now they are expanding their reach with the tiger stand available to all tigers and tigers for just one dollar for the year There's no catch or added costs when you join our community of traders in the tiger's den You can look over the shoulders of tom o bryan and the other tfnn hosts while they analyze charts during their live tiger tv programs And join an interactive trading community with hundreds of members exchanging ideas Interact with other tigers and tigers as they share trading ideas news analysis and discuss the market action all trading day Even at night and on the weekends the tigers den and discord is accessible on mobile or tablets as well So it's always at your reach to sign up today and become a part of this educational community of traders Just visit the front page of tfnn.com Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com then hit watch tiger tv That's tfnn.com then hit watch tiger tv So we're taking a look at the charts for amazon on a daily basis it sounded pretty bullish The weekly chart and the monthly chart will suggest caution Why because there's td9 account pattern that is going to complete on friday it confirmed last week It's going to complete on friday It doesn't guarantee that price are going to move lower, but it is a topping pattern You've also got a roach but dominicator signal If we do get a bearish reversal candle that would confirm a top as well Now the first levels of support gman Are down at about 149 26. That's the top of the weekly profile The support level for the monthly td9 account top that's going to complete this week is at the 133 54 level Now that gets us down below the bottom of the profile on the daily time frame So how would you trade this you could trade this as such now not all td9 accounts work For example in the case of the weekly time frame chart There was a td9 account that completed the week of may 19 It was negated the very next week that told us about a very strong upward momentum move Goes up makes a td9 account top and then we have a couple of week decline Where's that decline take us to it's a test and rejection of that green asset and change line Remember about a momentum trade that green asset and change line is going to be the buy point Period end of story out there at least db story So now you've got another td9 account odd's favorite price pulls back and tests that asset and change line That's what gets us back to the 149 level that would certainly get us back inside the daily profile level So the first area to really watch out here g-man, I would say would be 151 40 on any pullback No, I'm sorry 150 203 The price closed below that which is the top of the profile you'd be watching for 190 149 64 now the cool thing about this set of charts out here Is that that is a bearish structured daily profile if the move lower was only a counter trend move If we even get a move lower But if we do get a move lower and if it's only a counter trend move Price will find support or should find support between 149 64 and 150 203 So hope that analysis helps to put things in perspective at least technically what the charts are communicating to us for amazon And as always, thank you so much for your request dan inside the tiger's den wants to take a ticker symbol CVM So let's get those charts fired up on our screen and take a look at what they're doing why didn't that work out there Let's try this one more time CVM which is sell psi corp out here So what sell side corp doing out here now dan had identified that yesterday's price action Actually confirmed an a to b equals cd to the upside because the b point was this little what says b on it right now That just coincidentally it's also the b point of the a to b equal cd pattern That swing point had volume or generated volume of 644 thousand shares Yesterday price passed that with 976. So that gives us an a to b equal cd That gives us an initial price target Of four bucks now that retracement is less than a point six one eight It's 48 percent retracement out there swads would favor this could do or should do more than a one to one a to b equal cd The one to 1.272 gets you to 453 However, there is a roadsman to indicator signal that is present If that were to generate a bearish versatile candle dick dan That would say time out and the time out would say price going to pull back and test the oscillator and change line As it is doing so far this morning. It's just a test of support that support right now resided at $2 and 94 cents Turns out just like in amazon the weekly chart says time to be careful Now amazons was a little bit more mature by one more week But you're going to get a confirmed td nine count top unless this thing sells off Drastically during the next couple of trading sessions out there And we're getting that td nine count top dan right at td nine count breakdown resistance to 99 Now we know that that is a very key level of resistance. So what happens if price closes above it? You're still going to get the td nine count top again that pattern will confirm this week It will complete next week out there So keep your eyes glued to that daily time frame chart and look very first thing you would notice would be price would fail To hold support that green acid or change on that would tell you about us loss of momentum That would then signal the pullback to at least a 252 area on the case of the weekly its price target is actually 241 much like we looked at dan and amazon for the daily time frame You have that same kind of pattern on the weekly time frame meaning that is a bearish um, that is a bearish uh, structured profile Price has been above it for more than two consecutive weeks on any pullback out here If it's only a countertrend move to the downside Price should find support between 221 and 241 the monthly chart looks good because price is trading above profile Do we have any other kind of signals out here? For example, what's it doing? This has been doing on a 30 minute time frame I don't know but let's go find out and on a 30 minute time frame You've got what you have a td nine count top out there that top has been tested It is held so price is likely going to go test support. No, it's below support The next level support because it's a new profile 305 dan on a 30 minute basis Was the bottom of the bowler structured 30 minute profile So below that its next area of support is at 277 on a further move lower That's coming from the 30 minute time frame chart out there But we're not going to get down there unless price gives up the daily green oscillator and change line So watch the 294 level your price closing below that You know where it's headed to based upon that 30 minute set of charts So we had and I hope that that overall review is good for you for sell psi corp That was for abcd Otherwise knows dan inside the tiger stand dunk and steve would like to go to dunk and donuts Well, we were watching last night. Oh, no a couple nights You know we watched the we hadn't seen really much in the way of of christmas A movies out there, but you know, we had everybody over and obviously we started doing that One of my favorites. Well, my favorites probably miracle on 34th street But another one of my favorites is the santa claus one with tim allen in it And you know some of the lines that he's got in there. They're just such great subtle humor They probably couldn't produce that movie today. It somehow would defend people out there But what was I was going to say? There was a line in there. Maybe my memory will get jogged again out here I'm trying to jog it, but Was it In any event, I'll try to think about it But let's take a look at the SMH and oh dunk and donuts That's what it was It was the dunking thing because they showed they had this board up there And they were showing where the where the house was that they lived in the police were surrounding it And on the map it's got just a house And if you look over to left-hand side, it shows a donut shop And then they've got this one Is seen where the kids the elves are in there with the police officer and what's he doing? He's eating a donut to talk about stereotypes out there In any event you kind of get the sense of humor, but let's go take a look at the smh Is maybe you don't get that sense of humor. I got it kind of got it But let's take a look at what the smhs are doing So first one the first thing that we notice out here There's need to be equal cd to the upside that is present prices nowhere near Completing that pattern. Let's see if I've got it written in yet to get complete that pattern Just the one to one move gets you to 185 90 that retracement this retracement here This b to c retracement along that leg there that was only 30 percent Less than the point 382 out there pretty strong. So you are trading above the top of its profile You are trading, um, you do have a roadsman to indicator signal that has been triggered out there If this did generate a bearish reversal candle dunking This would be a top now Much like amazon much like we took a look at Forget the cvm out there here. You've got a daily bearish structured profile if we get a top And the retracement just find support in the buy zone And the buy zone here would be where the countertrend rally would end because it was a bearish structured profile Dunk and that's between 170 233 and 174 10 out there We got to be careful on the smh is why The weekly is going to go ahead and confirm a td9 count top this week Complete the pattern next week and a bearish reversal candle would go ahead and confirm a roadsman communicator top But the monthly chart is saying not so fast. It looks pretty darn bulge. Steve roge with tfnn will be right Currencies commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the Globe which is why it's a great time to try out teddy keg stats tiger forex report Teddy keg stat breaks down the forex markets every monday using his 30 plus years of experience as a trading veteran of futures Forex stocks and options teddy releases his weekly tiger forex report every monday morning with coverage of all the major currency pairs Including the dollar index the euro dollar pound dollar dollar swiss Dollar yen as well as many more and he also has weekly coverage of the crude oil market and the 30 year t bonds As they both influence forex markets tremendously when you sign up for the tiger forex report You also gain instant access to teddy 60 minute webinar archive He just hosted forex strategies and fundamentals What is behind the tiger forex report for all the details and to start your 30 day tiger forex report subscription today Visit the front page of tfnn.com tfnn 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 Are china a shares hot or not? If you trade china a shares now may be time to take a closer look trade chau or chad Directions daily csi 300 china a share bull and bear ETFs china a shares in either direction Visit direction investments.com today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing The prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus Please contact direction shares eight six six four seven six seven five two three The prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk Concluding the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services LLC This program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz folks, we're taking a look at the monthly time frame chart here for the smh's It's b point of an a to b equal cd pattern was taken out with volume. Let me make sure that the high is one 5941 this close was 160 48 that volume was 160 565 million that was taken out 85 million shares out there So that's your confirmed a to b equal cd. The question is where do you pull? Where do you put the a point do you use the low here from march of 2020? Do you come all the way back to july of 2019? Do you come back even further out here? Because you could you know, so where do we that's why it looks pretty darn positive So what I would do at this stage here if you're asking me, what's a nice next upside price target dunking? You probably are I'm just gonna I would just simply take the expansion of its set of swing points on the monthly basis The high for november 21st to the td9 account bottom in october of 2022 and that gets you to 181 73 and above that It would be 208 45. So that's what I would use but right now what you have to be concerned with is really the weekly time frame chart And so we've got topping signals for the weekly You've got a signal, but you don't have a confirmation on the daily time frame So just to keep your eyes open for various reversal candles there Hope that helps you out dunking and thanks much for playing along The uh santa claus movie game where steve was reminiscing about the uh donut Stereotypes of the police officers now. We've got a request from joey d or joey to take a look at Workday out here. We take a look at work day All that I see right now in the daily time frame is a wave number seven top With a consolidation inside that profile and that profile level support is at 266 85 and resistance up at 279 83 On a weekly time frame. I don't see any type of a topping pattern or signal just yet So at prices above profile a screen oscillator and change line that is bullish We have all kinds of bullish signals on the monthly time frame was a monthly swing point That was the month of september of 2023 taken out with volume I had 37 million shares and last month this did 40 million shares So in work day, this is a gigantic a gigantic a to b equal cd to the upside out here Just to give you an approximation for that where that could take us to over time Not today not tomorrow but over time could take us up towards that three 25 ish area out there So what you're dealing with here joey is the daily time frame good old fashion consolidation. It does have a top Um, what just a consolidation with inside that pattern? I wish I could provide you with more But I can't so we'll just simply end it there and I do hope that that helps you with the information that you are Looking for for work day Peter would like to go take a look at currencies. So let's do that Let's get the euro of the yen and the pound up on our screen out here and the euro is suggesting Let's actually get over to it to show you what it's suggesting It's suggesting a a to b equal cd to the upside that'll get us into that one to 13 area out there now Let me see. I can give you probably the exact price target The exact price target of this a to b equal cd What doesn't even expand it out that much further for me. So 113 is what we're going with out there So its b point was taken out yesterday. That's the swing point from november of Of november 29th. This is a daily time frame that we're looking at Out here and that was taken out yesterday So that sets up that a to b equal cd now the euro represents 58 percent of the weighting Inside of the us dollar index So and there's no other topping signal that we have in place in store out here for the euro So if it's going to make that kind of move And what this is telling us is this going to make more than a one-to-one move Why isn't giving us that signal steve? Because look where price is trading along the left side of that c to d leg that Leg on the a to b and the c to d are exactly the same when price trades along the left hand side Tells you about a stronger move when you have a stronger move, especially when the retracement here is only 51 Percent that's another signal that this is likely to do more than a one to one a to b equal cd to the upside The one to 1.272 gets us into the 114 area out there So if in fact and the euro is telling us right now, that's what its intent is peter If in fact the euro does this the us dollar index is likely to get hammered and i'm not talking about drinking some good old You know jack daniels or anything I'm talking about truly getting hammered now in the case of the japanese yen She's decided to strengthen against the us dollar index as well Take a look at that beautiful td nine count bottom But price has been unable to take out that oscillator and change line And you've been along here long enough to know that that's red and when that's red and you don't take that out You trade below it that is a bearish signal that tells us we have a falling price oscillator below zero end of story Those are bearish conditions now it's sort of neutral here because you still have that td nine count bottom But it's moving lower and that is suggesting that the dollar would get stronger as well Well, holy cow take a look at that great british pound It has a wave number seven pattern or at least it did was that high taken out? Well the high on that pattern Was up here from the trading day of december 14 and that high was at 1.27 94 We're trading above that as we speak right now that pattern no longer exists And as long as price remains above that green oscillator and change on currently at 1.27 389 Just to be granular and exact out there Odd's favorite this rally's what this is rallying us dollar index is getting weaker as well Holy schnikes looks like the us dollar index is getting ready to get crushed. Well, let's not stop there for peter Let's actually go take a look at the us dollar index try to get a feel for where maybe it is headed to And to do that we're going to come to our black background screens It will go find that us dollar index and i've got the charts out here somewhere And momentarily they'll pop up on our screen. Well, I thought they would Ptr, what did I do with it? What did I do with it? I must have moved it already Where is it kill on steve? They're waiting for you. They're waiting get your act together. Okay So now we got our act together. So the one to one a to b equal cd gets us to 99 33 Again, look at that retracement. See how price is along the left hand side here as it moves down The actual price target certainly the initial is 99 33, but 9809 is a more likely price target Now as we say that we also have to look at the mere fact that price is trading into a cluster That's that type of cluster. It's a cluster of rising trend lines So there is some support. We can make the case that there is some potential support here on the weekly time frame I'm going to call it False support. No, it's real. It is potential support out there But I'm not buying it now. We take a look at what's going on right now today inside the euro the yen and the pound Something would have to change to suggest that that is a different outcome We look at the weekly time frame chart prices below that key level one to 160 now It's doesn't matter whether it's trading below that today. It matters where it closes on friday So a close below one to 160 on friday peter. That's another signal of a further move lower Now we take a look at the u.s. Dollar index for its monthly time frame prices busted through this Profile support level a couple of different times So the real area where price should be targeting is the most recent low That would get us down to the 98 50 level. We're at 100.53 No matter how we slice this it looks like the u.s. Dollar index is getting ready to get crushed And if this gets crushed, well, what's that going to do to goldilocks? You know, that's a great question. But again just to restate the correlations out here Well, here's the gdx and franco navada. That's really not what I was going for But that's okay. We're going to go ahead and put up gold up top and then we'll get the u.s. Dollar index in there So let me do this. Let me get uh gc one Got that in there. Let me get the u.s. Dollar index. I realize we're going to go to a break here momentarily Still, I want to see if I get this to populate while we're on Air here, if not, we'll do it as soon as we get back the x Same thing down below What we're going to see here is the correlation momentarily between the u.s. Dollar index and goldilocks out here Steve Rhodes with tfn. We'll have to do this as soon as you get back to the spring You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices Selective stocks and commodities subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by basal chapman creator of the trading methodology known as the chapman wave The chapman wave up down sequence gives you an edge in identifying price turns Finding the peaks and valleys in stock prices get the opening call newsletter by basal chapman in your inbox every day First time subscribers also get a 30 day money back guarantee If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors 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 pesavento 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 just launched their new trading room 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 And now they are expanding the reach with the tiger's den available to all tigers and tygruses for just one dollar for the year There's no catch or added costs when you join our community of traders in the tiger's den You can look over the shoulders of tom o bryan and the other tfnn hosts while they analyze charts during their live tiger tv programs And join an interactive trading community with hundreds of members exchanging ideas Interact with other tigers and tygruses as they share trading ideas news analysis and discuss the market action all trading day Even at night and on the weekends the tigers den at discord is accessible on mobile or tablets as well So it's always at your reach to sign up today and become a part of this educational community of traders Just visit the front page of tfnn.com So now what we take a look at is we're taking a gold up at the top the us dollar index is down At the at the center and the tool down below that is showing us the three day Correlation when bars are below the zero threshold level that tells us about a inverse relationship When prices above it tells us about a direct relationship You can see that probably 90 percent or so of the bars are below zero over a three day period of time So talks just about a strong directional relationship out there Let's go take a look at what's going on inside of goldilocks now what we want to be paying attention to here So we'll switch over to those charts momentarily. Give me a moment. We'll get over there This will take us to our white background charts And here what we'll see we've got four different charts the daily timeframe on the left hand side What you can see is the nice rally that we've had in gold is going to generate a td9 count top today But if the us dollar index is going to add lower I think this td9 count top is just simply not going to matter. Who's the horse or who's the tail Who's the dog who you know that whole concept out there? Well, the td9 count top Can top of the bar following bar number nine So we'll have to take a look at tomorrow's activity as well But it does have a topping pattern out there But we want to go ahead and keep our eyes on that us dollar Which means we want to keep our eyes on the euro the yen and the pound We take a look at the weekly timeframe chart We don't have anything out here much to help us with other we're trading above last week's high That's a boiler signal and on the silver chart out here. Let's get this over to current data You've just got a consolidation with inside his profile needs to close about 24 79 The tell us that this is going to break out the gdx Trained above profile resistance up at 31 62 Trained above its green oscillator and change line. It is simply bullish out there So that's what we see inside of goldilocks That's what we see for the us dollar index the euro the yen and the pound out there And that takes us to basically the end of the show So to summarize it if we can let's see if I get back to well, let's see here radio show Radio show daily equity future contracts. We'll put those up on our screen again What you want to do is you want to be paying attention to these rogement and mitigator signals at the es the nq The ym and the russell have out there if we get various reversal candles That's going to identify our high other than that price heads higher folks day two for all the great programming I'll see you back here on terrific thursday. Have a wonderful wednesday and thanks much for joining us