August 21st The Trader's Edge with Steve Rhodes on TFNN - 2026

The following is a presentation of TFN, The Trader Edge with Steve Roads. [music] Call now toll-free at 1877-927-6648 or internationally at [music] 7278737618 the [music] Trader Edge. Now Steve Rose. Good morning folks. Welcome to the August 21st the fantastic Friday edition of today's Trader Edge show. I'm your host Stevie. Perseverance roads who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Hope everyone out there's having a great day. Hey, let's make sure we have an extraordinary one. Now, the easiest way to do that is to always remember that life it's happening for us, not to us. That's right. When you and I make that one little 2x4 shift, it means we can find the gift in every set of circumstance that life is going to toss at us. Now, today, you and I, we're going to go check on the circumstance of these markets. We'll go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I at just past 11:00 in the morning. I do want you to know that I'm absolutely grateful for your presence here. But even more important than that, and that's this. During this next 53 minutes, I'm here to serve you. So feel free to send me an email. Please send that off early and send that to Steve at tfnn.com inside the subject policeman radio show question. Now if you're inside our Tiger T and you really should be well then any and every ping we all do. So let's go ahead and get this show started on fabulous Friday. Of course this is Tiger Financial News Network. I'm Steve Rhodess. Welcome to the show. So we begin our day here with a slightly mixed bag. That mix is coming from the semis are trading down 124 points. The other US indices they are trading to the upside. Dow 430 38 for the S&P 73 for the Nasdaq 100 Russell's 14 1535 53 for the transports 113 for the NASDAQ composite 180 for the New York Stock Exchange gold's up 81 bucks silver a buck 13 light cud is off 65 cents national gas up four pennies our leader in the clubhouse to the upside marcado Libre up 33 bucks that's a little over almost 2% HCA healthcare 23 bucks Eli Liy 21 bucks daily I don't know what that is McKesson is up 20 bucks Tesla's is up 18 bucks. To the downside, it's ubiquity down $48% move. Quantis services 21 bucks 3%. OSI systems 19 bucks 9%. Fabernet 17 bucks 4%. Pterodine 15 bucks 6%. We got movers and we've got shakers. Let's begin our day by taking a look at the daily equity future contracts. We start with the ES mini upper left hand side. It closed below profile support yesterday. It remains below it today. It is 7721. If we close below that increase the odds of lower price now lower price to where that's the problem right now what's held is the weekly oscill and change line that's currently printed 7671 that sets up our narrow trading range really you could you could increase the trading range really all the way up to the oscill change line on a daily time frame as well 7751 to 7671 that's your trading range in the case of the NQ it broke through uh profile support yesterday we are trading below it today we've not made new lows uh if we close below 29461 increase the odds of lower price. The Dow says I'm not sure what you guys are talking about. I'm completing a TD9 count top. I'm trading above profile resistance at 53113. I'm trading above the weekly oscill44. I want to go target the daily oscill. So, it's got a mind of its own. And that mind says I'm head to 53778ish. And now we got the Russell 2000. We closed below profile support yesterday. tried getting back inside it today as did the NQ as did well not the ES mini and uh and so far rejected that level that level being 31760 if we can close inside that well then what we have is a false breakdown for it false break now the Dow the interesting thing about the Dow so the Dow forms a T9 bottom has never broken through profile support it's really the strongest of all of the indices there if we take a look at how this is dealing with um uh different indicators uh CVS indicators that is now let's go from the daily time frame and go down into the uh intraday charts out there intraday last night as I wrote the newsletter to uh subscribers it was expected anticipate a rally and that rally certainly came to fruition as we talked about this morning now the question is well now this come to fruition will it hold what we identified I identified actually let me just put up the charts another set of charts here Um, and I'll show you what we identified cuz what you're going to want to also be paying attention to as well. So, I hope I put those charts back up today. Um, trading there, my trading charts. Trading trading. Oh, son of a gun. Okay, I didn't do that. I'm not going to start now. Uh, so let's take a look at the 5 hour time frame chart. 5 hour time frame chart has an AD to B equals CD pattern to downside. Negated TD9 count bottom pattern. Now there were all kinds of signals yesterday um uh with regard to a rally. We had this road momentum indicator bottom that took place at going into the close on the NQ's for the 60-minut time frame chart. We had rose momentum indicator signals on the 2-hour time frame chart. We had a bunch of signals out there and the ES mini as well. And so um now what we did when we rallied what I what I what I um threw out to subscribers this morning was you know is the rally going to hold? And the answer came down to really the 5-hour charts. The answer came down to will price close above its oscillator and change line. We talked about this yesterday. We're talking about it today. That is a key level. So right now the oscill change line for the ENQ for 5 hour time frame is 29481. You know that's going to change as price goes up and down. But watch that level. If price closes above that area, the character of the market will have changed. The A to B equal city pattern might not come to fruition. In fact, the B point might get taken out as price would want to go target the top of its profile 29757. Are we there yet? No, we're not there yet. But we've had the morning selloff. We knew I knew we were going to run into resistance. I mean, we when I was producing the newsletter at 9, we were right there at resistance for the ES and the ENQ. So, it was very clear um uh and and it still is clear. And if we take those levels out, boy, it's going to generate a very clear signal as well that we're going to extend the rally. Now, it's very likely that the move to the downside for the day is over. We got a nice NQT Nal bottom pattern for its 10-minute time frame, while the 60-minut time frame, which has a rose momentum indicator bottom, pulled back, tested a rejected breakout support, tested it for a couple of hours out there, uh was unable to do that. Can't bust them to the downside. What's price going to try to do? It's going to try to bust it to the upside. So, the key level today is going to be again that oscillating change on the 5 hour time frame. If we don't take that out, uh, there's pressure to the downside. Let's take a look at the ES mini charts out here. Go see what we can find out here. Um, there you go. Whoops. Okay, good thing I didn't hit the enter button. Thought maybe my fat finger got something. Here we go. Yeah, maybe I'll invest in a new keyboard this weekend. Now, it's not at the top of my priority list cuz this old one I've had for 35 years still working. does have a couple of keys that I like, but uh it's still working. Now, we take a look at the 5 hour time frame chart for the ES mini. You can see it's a to equal CD pattern to the downside. I don't think it's completed it. Um I'm just waiting for the charts to populate. They're not populated. I know they're showing up on your screen, but they're actually not populated. And I don't know what's taken so long for these gosh darn things to populate. There we go. Now, we're starting to get in here. So, we're looking at the 5 hour time frame chart. You know that ADB CD pattern has not completed. But take a look at that oscillator and change line. Price ran right up into it this morning. Found it as resistance. 7701 is the current print. You know, increase it by a couple. But if we close above that level, we're looking at a move to 7721 followed by 7764. Nice rose mint indicator bottom on the 4our chart. TD9 count on the 2-hour time frame chart. Yeah, I think the bottom for the day is in. Um, I tell, you know, the 10-minute chart says if we close above 7702 and a quarter, we probably are. The bottom is in for the day. Steve Rhodess with TFN. We'll be right back. [music] 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 tfn.com. tfnN, educating investors. >> [music] >> Many trading newsletters attempt to focus on a narrow set of equities or commodities. While this works for [music] some, it often times misses many opportunities that possess huge gain potential. 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TFN, educating investors. >> TFN has launched the Tiger Zen, [music] hosted at Discord. TFN has been educating traders for more than 20 [music] years with live programming hosted by a variety of professional traders during market hours. The Tigers Day available to all Tigers and Tigresses for just $1 for the year. There's no cash [music] or added costs when you join our community of traders. Sign up today and become a part of this [music] educational community of traders. Just visit the front page of tfn.com. >> [music] >> Welcome back folks. So the charts that I think are most important today are the uh weekly charts for the uh Dow and the S&P 500. Both are testing their oscillator and change lines. Uh the actual and change line print for the Dow Cash indic we're at 53149. For the S&P 500, the oscillating change line number is uh 76 uh84. We're at 7675. If we close below those levels, it'll join the NASDAQ, the Russell 2000, the semiconductors, the Dow transports, and NASDAQ composite as being underneath the oscillator and change line. They will have lost their momentum. And then I says, well, we really got to focus on those daily time frame charts. So, what we would do is really focus on that daily Dow chart. you know, if we close below the and I don't know if we're going to close below the oscill. My anticipation or expectation we're going to rally uh um for the uh for the afternoon out here. I nothing gigantic or anything, but I I don't think markets are are are headed uh lower um for the day. So, the question is will the weekly charts for the S&P and Dow hold those levers? The New York Stock Exchange is well above uh its weekly oscill447. But again, if the S&P and the Dow uh we can't trade the New York Stock Exchange, if the S&P and the Dow close below those, um what it could really be signaling to us is a two to four week uh type retracement out there. You're just your typical 2 to 4 week retracement. So that's a that's another area to really be focused in on. So you got the 5-hour charts to be paying attention to with regard to those closing levels. I believe the next 5 hour chart's going to time frame is going to close at 2 p.m. So that's what you'd be looking for with regard to those levels. Then you've got the Dow and the S&P 500 for its weekly time frame uh for the um oscillator and change line. So let's go take a look at some of the requests that have come in. We've got a number of them. Let's start where we left off really yesterday. Give me a moment. We'll get to the screen setup uh for that. It should be right here. And the first instrument we're going to look at is going to be HOV. This was for GTE HOV yesterday. Um, well, what it's doing today, it's forming a gartly buy pattern. So, it had an A to B equal CD pattern to the downside. Needs a bullish reversal candle. You're likely going to get that bullish reversal candle today. Price rallied all the way up into that oscillating change line 13122. You're trading below profile support. Was this just a counter trend move? Well, the weekly is consolidating with inside its profile levels 10291 to 14278 and price right now is holding the weekly oscill. So you got support at it. It is 12841 and you have resistance at the daily oscillating change line that's at 13122. The monthly consolidating with inside profile. So consolidation on the weekly, consolidation on the monthly. The dailyy's got a nice bottom pattern, but ran into resistance out there. You got to watch that oscillating change line. If you can reclaim that, then you're likely going to move up to the 13653 level. You also had a request from yesterday, BLDR. Let's get that up on our screen. See what builder is doing this morning. We've got BLDR. She's trading out at uh 7049 with inside its daily profile. That's between a support level of 6616 and 7466. I see kind of a double bottom pattern out here. Um, no reason really to go test. You just got to consolidate with inside the daily profile. The weekly's got a rose momentum indicator bottom, but price consolidating with inside it profile. However, price is testing profile support, which is at uh 7027. We're at 7045. We close 7027. The rose momentum indicator bottom is still in place, but it would kind of suggest that we go test those lows. You got a nice TD bottom on the monthly time frame. If we were to close below on a monthly basis, the low from last month out there, and that low is at 6510, well then then we would likely go complete this A to B equal CD pattern we're looking at on the monthly time frame. So the call here is you've got a daily bottom that's been tested and rejected. You've got a weekly bottom, been tested and rejected, and you've got a monthly bottom. Just builders been unable to really get any kind of liftoff out there, but you've got bottoms across the board there, GTE. So I do hope that helps out. If you take a long trade and you get closer below those lows, it probably a good thing to just go ahead and close it out. Rich in Oregon want to take a DRS. So, let's get that up on our screen out here. DRS. See what that is doing. Looks like a beautiful day in St. Louis. One of those blue skies out there. Although it can get mighty hot. So, I don't know what the weather is like out there, but it can get mighty hot. How about that bell? is a great great golf course. But right down the street from it, you got St. Louis Country Club and then maybe about another mile over you got old Warson. I'm telling you, just in in a very short period um over there on Leoo Road, you've got some just amazing golf courses. Anyways, with regard to DRS, DRS right now is trading below profile support. It's trading below its red os and chains on 4368 and it's taken on a weekly swing point from back on June 29th. That daily swing point had volume of 1.5 million shares. We closed into it yesterday with 848,000 shares. Today so far we're 144. Really light volume. But if we close below that low, that low again 4040, we're going to head lower. Now there's another swing point that it's trading into. That's the one from back on May 5th, and that's got volume of 1.4 million shares. Again, light volume. Inside that swing point, though, you could go test that low, 3855. No bottoming pattern or anything along those lines. Just test of swing points at this stage for the daily time frame. The weekly price is pulling back into the buy zone of its profile between 3815 and 4028 out there. If you had a daily bottom, that would be great because then you'd go along with the weekly getting back to its buy zone. We don't have that. The monthly chart, we're trading below last month's low. We've got a rose momentum indicator top potential. Oh, we got one actually. Uh you might just get a reconfirmed one. You got a new profile that formed. Uh support is down at 34 and a quarter. Pressures to the downside. Pressure is to the downside. Pressures to the downside. Your next level of support though is going to be the center of that profile on a weekly basis. 4028. If you close below that, you are headed lower, rich. So, hope that that helps you out. Uh we want to go take an ALY. This is going to be for LB and LB is looking for a long-term entry out there. So, our focus should kind of shift to the weekly and the monthly time frame charts. Of course, we're going to look at the daily for sure, but do we see any kind of a bottom signal for those longer term time frame charts? Turns out on a monthly basis, price ran all the way up into resistance, which was the TD9 breakdown resistance level, and now it's back down into the buy zone of that monthly profile. We're just looking at another buy zone, right? how we were coming back there, but it's nice to have some other kind of bottom signal when you get into a buy zone out there. Uh you've got resistance up at 1627. So, we've kind of explored the buy zone and almost gotten up to the top of that resistance level on a monthly time frame. So, that's just saying uh Rich, we not rich, I bet, but this for LB that we kind of have a consolidation here. So, you're better off to buy that consolidation towards the bottom of the consolidation, which is towards the 777 level between 777 and 989 versus where you're at right now at 1213. How about the weekly chart? Weekly chart shows that we're trading above profile resistance at 1096. And if we can close above its oscillator and change line at 12:41, that's going to tell us it actually wants to rally. But if we close below the oscillate and change line, we're trading below it right now. It says, well, what's the daily doing? Okay, if we take a look at the daily chart out there, ICA sell the DOI top that's led to a pullback, but price right now today, Rich is trading on the Rich LB. This is trading above 1203. That's the top of the daily profile. And that's it exchange for the daily time frame. If you can close above that, you're going to rally. Steve Rhodess with TFN. We'll be right back. [music] [music] Building wealth trading in the stock market seems impossible to most people. They think it's too volatile and risky. Most people aren't going to take the time to educate themselves on how to do it right. But you're not most people, are you? At TFN, you'll get the guidance you need to refine your strategies, and techniques [music] to invest like a pro. Because you'll be a pro. All TFN subscriptions, [music] books, software, and courses are available at tfnn.com. And I'm even going to tell you how to get them for less. Use [music] TFN's Tiger Dollars and you'll get up to a 20% bonus on your purchase. [music] And once you apply them to your account, Tiger Dollars are automatically used for all future or recurring charges. Tiger dollars also never expire, are fully transferable, and are a [music] great way to add savings to your newsletters or services. Become the investor you were born to be at tfnN.com. [music] TFN, educating investors >> in the world of trading. Only a few names stand out like Larry Pesventto, a pros pro with over 50 years of experience, Larry has seen it all. A former Chicago Merkantile Exchange member, Larry has authored 10 books and trained over 1,000 traders with his unmatched [music] expertise. 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Investing in the funds involves significant risk and should only be utilized by investors who understand the impact of leverage and actively monitor their portfolio. They are not designed to track the underlying index or security for more than a day. Before investing, carefully consider a fund's investment objective, risks, charges, and expenses contained in the perspectus available at direction.com. Read carefully. ALPS Distributors, Inc. [music] Welcome back. So, to summarize, Al, I don't have those charts up on our screen here for Lee who's looking for a longerterm entry. You're waiting for a pullback. Everything there is suggest that this thing might rally. Let's take a look at Vertex out here. VRTX. This is for Mohamad. Uh Muhammad, uh you've got wave number seven, letter G, that's been triggered today. Now, that needs a lower high to confirm a top. Uh so until you get that, this wants to rally trade above profile resistance and change line for the daily time frame. So looking very good. Turns out uh you've got um where's that top coming from? Yeah, I don't see that. So I don't see a top on a weekly basis. the weekly basis in full breakout mode and says it now needs a bearish reversal candle as does the daily as does the monthly to generate rose momentum indicator tops. The monthly is negating rose momentum indicator tops out here as we speak right now. So, um even though you've got that daily wave number seven top out there, I I' I'd say it's I wouldn't put a lot of weight into that one. Looks like Vertex VRTX wants to continue to rally. Let's go take a little intuitive surgical ISRG. This is also for Muhammad as well. Let's see if this these charts are just as healthy. Uh I can't see on a daily. No, I can't see that. No, not as healthy. Intuitive surgical uh consolidated with inside it daily profile after forming a TD9 count top. That consolidation between 36833 that was tested this morning and held resists up at 38462. It's possible the retracement and the move lower is over and that this morning's low could be the C point of an A to B equal CD pattern to the upside. That's supported by the way by the weekly time frame chart with one exception. It needs to get back inside its profile and that's your resistance level. We saw that last week, we saw that this week 39773. That's the number that price needs to close above. really what it needs to close above is 40926 cuz it's a bullish structured weekly profile. This would be week number three below that. So yeah, for intuitive surgical Muhammad price has to reclaim 40926 on a weekly basis and tell you that it's more than a counter trend move to the upside out there. So the daily may be a bottom. It still may be a bottom out there because the weekly has found support at that change line. But now it's got to prove itself to the upside and the monthly chart not helping us out here. We're trading below profile support and it's oscillator and change line. So that's what's going on with intuitive surgical. Ron is interested in looking at maybe taking a call position inside of ticker symbol VCR. So let's get Victor up on our screen out here. You got VCR that is right now reclaiming its daily profile and that means getting back inside it. 39567 is the bottom. It's taking on a change line right now. It's trading just slightly above it. It being 39645 or 39660. If you close above 39645, it increased the odds that you would rally into a sell zone. So do your calculations. Ron, the sell zone between 40142 and 40429. Probably not a great trade. And then we get to the weekly chart. Had a beautiful TD Nikal bottom. Took price right up to TD Nikal breakdown resistance. It acted as resistance. It's been tested twice. We pull back. We're trading above the top of its profile on a weekly basis. It's greener and change line. We're 396. It wants to go tackle 40449 again. Again, not much of a uh a significant rally there. And you've got resistance on the monthly at 40667. So, no, I don't think this is a great call position unless you knew this thing was going to take off for some reason out there, Ron. So, that's what I see when I take a look at the charts for VCR. But best of luck to you on whatever decision you make. Snowball wants to take a look at crack. C R A K. Now, my wife makes the best crack cake you've ever had. It's actually called crack cake. It's a chocolate cake. It's pretty darn thin. It's a pie. It's actually crack pie. That's what it's called. And hasn't made it for years, thankfully. But it's really good. And maybe there's recipes online for it. But with regard to CRK, hey, this is eating cake out here. I mean, this is rallying. Everybody here is having a party. They'd have a gigantic party. And if a huge candle on that cake, if it can blow through its TD9 count top, and that's what it's trying to do today. The TD9 count top is at the price point of $60.84. That swing point had volume of 451,000 shares. We're tacking that swing point with 134,000 shares so far. It's a similarish to lighter type volume out there. Nonetheless, it's got a TD9 count top. And if it can close above 6084, well, crack will be on its way to who knows where, but higher price, that's for sure. You've got no weekly topping pattern. You negated roach mint indicator top last week. You're above profile resistance. This is looking mighty good. Snowball. I hope you're longus. And if you are, stay long. Crack. C R A K out there. Um Tesla TSLA. I think it was Hector and Patty that wrote in that wanted to take over Tesla and they were interested the monthly time frame. I think I've got that correctly. So, that's what we're going to do. And if I don't, my apologies to whoever wrote in about Tesla, and I hopefully I can at least help you out. So, with regard to Tesla for its monthly time frame, and let me just open up the chart here. We've got a completed sell the D point top that completed uh the month of December 2025 with that bearish shooting star candle that then has led to an A to B equal CD pattern to the downside. It's attained the one to one level, but what it's waiting for is a bullish reversal candle to confirm a gartly buy pattern. So, we don't have that signal here yet, Hector or Patty. Um, and it's just a consolidation with inside his profile. It's got the buy zone between 271 and 299 and resists up at 413. Has it bottomed? Well, the daily time frame negated a TD9 count bottom pattern. That little booger. It formed on July 28th and was negated the very next day. However, you can see the A to B equal CD pattern to the downside and then the following day on July 30th, we get a buy the D point bottom pattern goes on to form a TD9 count pattern. Does that on August 13th and gets negated two days 4 days later on August 19th. So the daily time frame for Tesla says I want to rally further. Well, what's holding it back? What's holding it back is that weekly oscill change line very much like the S&P 500 and the uh uh and the Dow. In the case of Tesla, if it can clear the oscillator and change line, Hector and Patty, that's at 363 and 47 cents out there. If it can close above that, then you're on your way up towards the 392 level out here. So, on a weekly basis for Tesla, what do we have? We've got a gly pattern. So, you got a nice bottom on the weekly, nice bottom on the daily. monthly pulls back to support out here. Um, that's what I've got for you. I've just narrated the chart. Um, I would say that until Tesla clears that weekly oscill change line, price might pull back. If it closes above it, boy, that would be a beautiful thing. So, that's what's going on with Tesla. I hope that helped you out. I hope that was the monthly and the weekly in fact that you were looking at. Rob L is interested in Target. TGT is a ticker symbol. Uh he is long target and is interested in what it's doing. So let's go figure out what TGT is doing. She's trading out at 16119. Uh I like your long position. I don't see any reason to close that out. Uh you're are in full breakout mode on the daily. You're in full breakout mode on the weekly. Now you're going against some other swing points or something as we can see on the monthly time frame. But shoot the monthly time frame trade above TD9 count breakdown resist at 15842. Rob, the only issue you've got is this is going to form a TD9 count top for its monthly time frame, but it may not complete that till next month. Stay long target. It wants to continue to move higher. We'll be right back. If [music] you spend any time online researching trading techniques on how to begin your trading journey, you've no doubt come across many folks who push forex trading as a way to [music] make big money quickly. 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Traded on the NYSE American and TSX under the symbol VGZ. [music] Welcome back folks. We got the charts up here for Asher. ASHR is the ticker symbol. This is for GTE who was just looking for the weekly count out there. So last week was count number one, day number one out there. So there's nothing to be worried about with regard to TD9 count patterns or anything along those lines. The daily, this is this I I clearly this is some type of currency conversion. The daily is basically illegible from a pattern standpoint. There's there's no way to make anything out of that. So whatever exchange this is, I I'm assuming it's China out there. um you know get the exchange and you'll really be able to see what uh what Asher is doing here. Uh in in terms of US right now it's getting back into the weekly profile. The close is below 3459 today. It's back inside the profile. Could open up the door for a move to 3404 35 I'm sorry 3405. Um you got support on the monthly time frame at 3392 out here but no counts to to worry about GT with regard to ASHR. So, let's move on to flow. Lo, this from a guppy inside the tiger's den is interested in uh flow from a long-term standpoint. So, let's go see what his charts are doing. Right now, the daily is trying to produce a rose momentum indicator bottom today. I need a bullish reversal candle and it closes about 722 might do that. That's a daily oscill bottom. Hasn't tested the swing. Well, hold on a second here. I take that back. It is testing and rejecting a swing point. So the swing point for the TD9 bottom was May 21st on its daily time frame. 15.9 million shares today 7 million shares. Shoot your test and reject that with volume. So even if you close above the T9 count high, that number by the way 714, you're probably going to be back down to 714. The weekly's got a rose momentum indicator bottom. It's being tested that has volume of 67 million shares. It's being tested this week with 30 million shares. Really light volume. So dailyy's got volume. Weekly's got light volume. Confusing the heck out of us, right? But here's what I can say. McGuffy, I don't know if you were long or you're looking to get long. Take that long position. If you're looking to get long, take it now. Go ahead and take it. No, really, you probably should take it now. Why? Because this is probably your best reward risk opportunity. It doesn't mean the trade's going to work. It's your best reward risk. Why? You got that daily TD9 bottom. You got a weekly roach momentum indicator bottom and a monthly TD9 count bottom. and you're testing the lows. Yeah, if you're looking to get long with regard to flow, I pretty much have to say right around now is about the time to do that out there. Don't know if it'll work, but and if and it won't work. Okay, if we close below the weekly roach momentum indicator bottom, that's low from May 22nd and that number out there is $6.80. You trade at 714, then that's a pretty good reward uh risk type trade out there. So, hope that helps you out. McGuppy, you also had an interest to take a look at BE. So, let's pull it up on our screen. Be and I know you wanted me to pull open the intraday charts, but I had so many requests out there and still have a few that I didn't think I'd be able to really get through stuff and my system was acting slow. But with regard to what we just looked at, we don't need those intraday charts. They already gave us everything we needed to know. With regard to B out here, BE you're trading with inside it daily profile below its red os and change line is suggested to move back to its buy zone. That's between 16459 17910. Weekly chart trade below its oscill change line uh below the center of its profile below last week's low. Yeah, I'd say it probably wants to go target profile support 17673. The monthly chart has hold this thing up. It's got a rose momentum indicator top, but where it's finding support is its oscillator and change line that is printed out at 19824 and we're 1990. So, let's do this. You start trading below 19824. That's going to tell you you're going to start feeding those downside levels. 164 to 59, 164 to 179 or 176 right in those areas. That's what I see to be or not to be. That was from a guppy. The freeze wants to take a jet blue out here. JLU. So, let's go take a look at its stock charts. See what it is doing. We'll take a look at Delta as well. I think we looked at Delta yesterday or the day before. My recollection was Delta was headed lower. Uh, JetBlue doing the same thing. Now, JetBlue is testing a swing point. It's a hammer candle swing point potentially from back on July 23rd. Volume there was 35 million shares. Oh, we test Oh, we closed below that yesterday. Okay. So, we closed below that. That's not support. We're trading into its swing point. Okay, so we're tra we're testing a swing point from May 20th, 27 million shares. We're testing the high. We tested it yesterday with 29 million shares. That close was 474. What was the high? 475. And you closed inside it. So, because we tested with volume, it said we should get back down there to test it. That's what we've done this morning. So now we're testing it and our volume is only 8 million shares. 8 million that's a 24 million share day going into a swing point that has volume of 27 million shares. So you might get a test and rejection of a swing point which would then suggest a 2 to 4 day rally up towards the 541 level. That's likely what's going to take place with JetBlue. Steve Rhodess with TFN. Oh no, we a break. No, we're still on the air, right? Yeah, we're still on the air. pretty sure on the air. Okay, I'm going to go with still on the air. I don't know what I heard in my ear. I thought it was music or something. In any event, so on the uh I was sticking sticking with the the weekly chart here for JetBlue and why you get that bounce if you will freeze as you look prices pulled back to the buy zone. Now, it's not tested yet the weekly pro uh the weekly swing point. So, we can't go there. If we look at the monthly time frame, prices pulled back into the monthly buy zone. That's between 403 and 460. Uh 460. Yeah, 460. Um, you know, it's [sighs] don't know if you're in this, looking to get in this. Um, if you're looking to get in this, maybe there's other things to look at out here uh than than this. But right now, price is back at a support level. And I'm going with if it uh rejects that swing point, then you get a 2 to 4 day bounce out there. Let's go see what Delta Airlines is doing. DAL is the ticker symbol. Of course, that's Steviey's airline. If you are on the air, thank you. Like Dr. Ruth, I'm on the air. [laughter] I love it. Thanks, Dan. I swear I heard some music in my ear. Um, but uh, hey, but there's always something going on in my ear. That's for sure. You know that tonight is Man, what a nightmare that is. In any event, with regard to Delta Airlines, so Delta yesterday test and rejected a swing point. Then it test the low. So, let's see. The low that we're looking at, this is a July 23rd, 8064. Yesterday we get down to 8067. 6 million shares yesterday was testing a swing point that had volume of 8 million shares. So today you are testing that swing point. And if you reject it, that means you're going to close with less than um 5.4 million shares. So far today we are at um 1.6 3 point Well, that's going to be close too out there. That's going to be close. But if you looks like you're going to get a test, here's what the airlines just between JetBlue and Delta right now. Looks like you're going to get a test rejection at swing point that's going to lead to a 2 to 4 day rally. In the case of Delta Airlines, that rally probably takes you up to 8477 to 8597 out there. Um, and that's what I've got for Delta Airlines out there. How about that? Let's put up the charts here for AGN. A gn. Now, we're going to get those up on our screen. We're going to see, we got about 10 seconds or so before we go to a break. We've got three three more requests out here. AGN, Carvana, and the Australian US dollar out there. And Stevie is going to see if we can get all those in uh to uh to the show. On on the daily time frame, AGN is testing a swing point, consolidating with inside its daily profile between 736 and 8.85. Testing a swing point that's got volume at 2.5 million shares. Today, you're up with 407,000 shares. So, very light volume there. We'll finish looking at a gen. We come back this break. [music] Many trading newsletters attempt to focus on a narrow set of equities or commodities. 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So, ignore the pop trading influencers and start learning time- tested technical analysis. In the world of trading, only a few names stand out like Larry Pesventto, a pros pro with over 50 years of experience. Larry has seen it all. A former Chicago Merkantile Exchange member, Larry has authored 10 books and trained over 1,000 traders with his unmatched expertise. Introducing Fibonacci 247, Larry Pesto's daily trading service that turns the complexity of markets into opportunities. published every Sunday. Receive a comprehensive report packed with detailed commentary, charts, and videos that illuminate the patterns shaping the markets. With updates throughout the week, exclusively for subscribers, whether through charts or videos, Larry's Analysis is your road map to navigating the markets. You can sign up now at tfnn.com for just $97. And with all TFN newsletters backed by a 30-day money back guarantee, you have nothing to risk. For all the details, visit tfnn.com. You'll find Fibonacci 247 right under the newsletters tab. >> Are you ready to take charge of your financial future, TFN is your gateway to the world of trading and investing? Whether you're starting out or scaling up, TFN empowers traders and investors of all skill levels with top-notch investing systems, strategies, and techniques. It's time to protect and grow your money with insight you can trust. Join us live Monday through Friday during market hours for exclusive content that moves with the markets. At TFN, we bring the trading floor to you. Our seasoned hosts are here to answer your calls and questions live on the air. Check out the Tiger's Den for just $1. And follow us on YouTube and [music] become part of our vibrant community. And remember, at TFN, we're so confident in the value we provide [music] that we offer a 30-day money back guarantee on all new premium newsletter subscriptions and services. You have absolutely nothing to risk. So why wait? Tune in live to Tiger TV and transform your trading journey because when you know better, you invest better. Join us and experience the difference today. TFN, educating investors. [music] So, in finishing up AGN out here, it's got a daily rose momentum indicator top. It's got a weekly sell the D point top. Uh we can see that price on the daily time frame. It first made this high back in July July 14th. Makes a run for that high back on August the 6 out there. Makes another run for it just a few days ago. The fourth times the charm out there is what I say. So if uh if we can get past this oscillating change line and the top of its profile out there on a daily basis at 885, you ought to make another run for it. Maybe you take it out and that means it closed above 8.85. The monthly chart is supporting all that. You're trained about profile resistance. It wants to move to 1874. It's just waiting on the daily and the weekly to get its you know what together. If we go take a look at Carvana CVNA is a ticker symbol out here. Carvana is trading out at about $6945. Got a beautiful TD9 count top out there. It's back inside its profile below its oscillate move to 6810. That's the bottom of its profile. If it can close below that and it's a bullish structure profile. So if it can close below that, boy, you'd you'd love to see that. Now prices testing this swing point are very close to no close to the swing point has got volume of August 18th of 16.8 million shares and today so far you've done 3 million shares. So you're pulling back with light volume out there. Consolidation on the weekly time frame. Support here is at 6331 to 5741. Uh monthly time frame, you've got support at 5086 out there. That's what's going on with regard to Carvana. Lastly, we'll end the show by taking a look at the Australian dollar versus the US dollar. This thing is in rally mode. Daily, weekly, and monthly. The daily time frame does not get any top does not have any kind of a topping pattern to gated to TD9 count. Trade above green ochre above the green os change line on the weekly time frame. Price wants to get up to the 72 set mark out there that is supported by the monthly time frame. So, the Australian dollar and this was for GTE. This wants to rally. What's that mean for FX? What's it uh FCX? FCX more likely than not is also rallying. I'm going to put that up here right now because when the Australian dollar rallies, so too does Freeport Macaran. Folks, have a fabulous Friday, a wonderful weekend. And I'll look forward to seeing you on Marvelous Monday. Thanks for joining me. Yeah, look at the FCX. It's up at the highs just like the [music] Australian dollar. You got to love it. Take care, folks. Be safe out there.