September 11th The Trader's Edge with Steve Rhodes on TFNN - 2026

The following is a presentation of TFN, The Trader Edge with Steve Roads. Call now toll-free at 1877-927-6648 or internationally at 7278737618. The Trader Edge. Now, Steve Rose. Good morning, folks. Welcome to the September 11th, 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 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 a that little 2x4 shift 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 check on the circumstance of these markets. We'll go figure out 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. Send that off to steve tfn.com. Inside that subject heading, please put radio show question. Now if you're inside our tigers then and really you should be. Well then any and every ping will 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. Well, we've got a rally going on out here. We talked about that yesterday to expect anticipate that as the uh advanced client oscillator uh closed in the oversold reading. So, it's nothing more right now than just that, a counter trend move. But, we'll take a look at the charts and see what other kind of signals they could be generating for us. You've got all the cities again trading to the upside leading the charge dollar-wise. We got comfort systems up 98 bucks, Amplify Commodity Trust 79, Dell 54,G, Verona or Venova up 32, Sterling Infrastructure up 28, Quantis Services 27. Big movers the upside to the downside the same thing. SanDisk up 53, C841, Casey's General Store 20, Western Digital 13, uh, Pal Networks is down 90, United Health is down eight bucks. So, we got plenty to look at. Let's begin our day. Well, let's actually begin our day by taking a look at the New York Stock Exchange, the advanced clin. We talked about this yesterday. So, there's no surprise to anybody that was listening to the show today that we are seeing a rally. Can't be. Just can't be. We took a look at this. Anytime you get to the minus 150 level, that's the advanced clinter. That again is the difference between the 19 and 39 period expense moving average of the advanced decline line. Yesterday's reading minus 176 oversold condition has to work its way off. Now sometimes those oversold conditions can work their way off like it did back in the March time frame where we have a rising advanced client oscillator with price that basically is either sideways or moving lower. So one day doesn't tell us what kind of pattern it is that we're going to have out here. But to see what we see should have been expected. We took a look at that yesterday out there just as a warning for those folks that were short. If we take a look at the spot VIX index, this is going to be interesting today and you're going to watch watch the close. Why? Because we are now trading below the 50-day expense moving average. And the 1-day rate of change is below minus 10%. It's right now almost minus 11%. Well, what the Sam heck does that mean, Stevie? I'll tell you what it means. If you close below the 50-day, which is 1612, and you have a one-day rate of change, anything less than minus 10%. You have a signal that's called an initiation to higher price. Now, if you take a look at the trend lines, it's the continuous contract that I've got in the bottom right hand side. What you see is the ES mini running into trend line resistance. Yeah, the VIX running into trend line resistance. Uh, now it's trading back inside there. I closed above it yesterday. We're back below. It says it was a false breakout signal, at least at this moment in time. It's only 11:10. A lot of trading left in the day. Watch the spot fix. Very similar to what I shared with you yesterday about the advanced client oscillator. Watch the spot fix index. Probably the most important signal today. If it closes and we don't have a a rate of change below minus 10%. Shoot. Guys, I have a package that I have to get and there is someone at the door. So, we're going to put those thoughts on hold. I just have to sign for it and leave the door open. So, uh we will be right back. Sorry about that, folks. Let me get my uh my headset back in and we'll be back be back on the show. Just had to sign for that FedEx uh package. Uh and it was a very important package by the way. It's saki. So, uh, we sort of needed it for the weekend. Okay. So, uh, back at the shack here. So, again, it's going to be that spot fix index going to be the 50-day exponent moving average and the one day rate of change. Just the difference between the close yesterday and the close today out there. So, you want to calculate that you get something below minus 10% out there, it increase the odds that we're going to see higher price in the S&P 500. If we take a look at the uh the advanced kind oscillator still below zero. So it's just moving off of that 58. Really interesting markets that we've got out here. Especially the signals. When I say the signals, let's go take a look at some of the signals. Look at the ES mini right now. Here's your A to B equal CD pattern to the downside. Attain the 1:1 level yesterday. Right now we've got a bull sash candle. A bull sash candle would confirm a gartly buy pattern. That gartly buy pattern should then at least Right. We had a 4-day move. Look at yesterday. We get the spot. We get the um the advanced line to get below minus 150. We get four days to the downside right in the S&P 500. You got to love it. This we've got some very cool tools here that really assist us. So, we're not surprised uh by the action of the uh by the market. Now, in this case here, I would say the ES mini would likely rally up towards that 7721 level. That's where it would really find that would be its real test. Now, in the case of the ENQ, it has established a very small consolidation pattern. We've drawn that in there in that black rectangle. Uh price is trading below the bottom of its profile, but it's just been a sidewaysish style move out there. So, has held up pretty well. Is that getting ready to flush to the downside? Don't know. If we take a look at the Dow equity future contract, the Dow equity future contract, the one to one price objective gets us down well below the low of the session from yesterday. That would be 51769. Yesterday's low was at 51992. A little couple hundred points. A little bit too far away u for me to say that a bullish reversal candle which right now is a bullish engulfing candle would generate a buy the D-point pattern. In fact, I would not say that. But what I would say the low yesterday again is 5192. 51933 is a TD9 count breakout level. Getting back to a breakout level can be a bottom. Look, the Dow equity futures contract has already told us that two times yesterday may have been the third, right? Two times. Did it back here in July, July 24th, did it back here in July 30th and so forth. So, it did it again or appears to be doing it. So, I'm going to just take the uh A to B equal CD pattern and just kind of I'll leave it in place right now. But what this is signaling to an I after a 4-day move to the downside is price should rally up towards that oscillating and change line 53127 the bottom of the profile 53063. Now the Russell 2000 negated a buy the dpoint bottom pattern yesterday and that's a small A tob equal CD pattern. That's the blue lines that went ahead and gave way to a larger A to B equal CD pattern. But if there's a bullish reversal candle today that smaller A to B equal CD pattern will kick in and you have a gartly buy pattern. Steve Roach with TFN. Folks, let's go take a look at the intraday charts. We come back this break. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tom 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. 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Sign up for Steve's market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At TFN, all our newsletters come with a 30-day money back guarantee, so you have absolutely nothing to worry about. Visit tfnn.com and try Mastering Probability 30 days risk-free today. TFN, educating investors. >> TFN has launched the Tiger Zen, hosted at Discord. TFN has been educating traders for more than 20 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 catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of tfn.com. Welcome back up, folks. Hey, during that break, I put up the equated charts for the S&P 500. And boy, did that answer our question for us. Do you see what I see? Take a look at that daily time frame chart. What took place yesterday? So yesterday we have the we have the New York Stock Exchange advanced client oscillator closed the minus 150 level. We have four days to the downside continuous days to the downside in a bull market. We know that's usually the end of a move to the downside. We then come to the equal weighted charts. We've got a TD9 bomb that completed yesterday. In the equal weighted charts, they communicate to us what the true intent of the market is. In other words, instead of Nvidia inside the spy having about an 8% waiting, it's got less than 1% waiting, right? Because you got 500 instruments that equal 100%. 500 more than 500 instruments I think out there. Apple instead of 7%. Okay? So everything is equally weighted out there and it really points a true direction. Now what we should see here and this is more encouraging. We take a look at the RSP. So those of you that are short, the sphincter muscle may get a bit tight out there because we take a look at the titty Nangal bottom that's completed yesterday in the equated for the S&P 500. The weekly chart was testing the buy zone of its new profile that formed last week out there. That too can be a bottom. It had a wave number seven bottom out there. And then on the monthly time frame chart, what does price do yesterday? It gets back basically to its green oscillator and change line. then you don't want to be short the S&P 500 from an intermediate term standpoint if price is above that green oscill which is currently print at 21272. So um is this just a counter trend move? Well, here's what I would say for sure. If we close below yesterday's low in the RSP and that low is at 21303 uh then the answer is no. We're headed lower and perhaps much lower. And then the next area to be watched would be 21249. That would be the bottom of the weekly profile. Of course, it could be 21273 or so uh which is the monthly oscill. We start closing below those levels out there, that's when things would start rocking and rolling to the downside. But that is not the pattern that is in play on September 11th on Friday at 11:20 in the morning. Let's go take a look at the QQEW. Remember the QQEW is the set of charts that gave us a signal that we will see the Q's at an all-time high before we see any kind of 20% decline. And that's a study. We did that study. I shared that information with you. It was probably a few weeks ago, two to three weeks ago. Now, the QQEW does not have that same bottom pattern. It does not have ATD9 count. You are on bar number eight today of the pattern, but it's not the low. So, in in order for the QQEW to generate a TD9 count bottom, we need to see price move below yesterday's low out there. Uh, is there another pattern out here? I don't think so. Let me just take a quick peek and take a look at the retracement level for the potent Yeah, that's too much. That's not it. This would only be the other option I can see out here. And that'd be a 23% retracement. So, now I don't I don't see any kind of A to B equal city pattern to the downside. So that's a bummer because you want the QQEW out here to confirm things. What the QEW has done though is price has pulled back to the buy zone of its weekly profile. That's between 15248 and 15577 in the monthly chart. The monthly chart has no topping pattern whatsoever. That's what that's what really is signaling to you and I. We know that September is a poor month typically. Not always. In fact, definitely not always. It was almost a coin toss. We really took a look at all the September going back to 1970 I believe is where we went back to. Um and as long as price remains above that green oscillating change line that says September is just going to be choppy and then October, November, December, we continue to move to the upside. Now the QQEW does have to take out uh its high uh the high at least from the week of August 28th because that set up the road momentum indicator top. So the QQD is a close of 1666. Boy, does that sound doubish or what? Now let's finish this off by looking at the equated charts for the Dow. Remember the Dow's got an A to be equal city pattern to the downside. But yesterday the Dow equity future contract got down basically to its TDI account breakout level which can be a bottom and right now it's forming a bullish uh bull sash candle I think it was. If we take a look at the uh EO boy big gap to the upside that's for sure. What's that confirming? I don't think it's an A to B equal city pattern to the downside but let's go confirm that for sure. Let's take a look at it TD9 count top go down to the swing low and that retrace. No, that that's an A to B equal CD pattern. So this is the equal weighted chart for the Dow is confirming a Gartly buy pattern today. A by the Dpoint pattern today that then suggests that what the equal weighted Dow wants to do is move up towards 4599. That would be the top of its profile. Maybe even get up to its oscillating change line at 4617. Weekly uh chart out there does not have a topping pattern. Yeah, nothing. And the monthly chart, you know, the month is the month's not over right now. It shows as a bull sash candle, but price trading above that green och line. So, it charts are definitely not bearish out there. So, the dailyy's got a bottom for sure, and that says that we should rally out there. So, hope that helped you out by taking a look at the equated charts. You should do the same thing out there just to get a good feel for the market. Now, the first request that came in was from GT. He wanted to take a look at the hang. So, let's go take a look at its charts out here. And what the hang did last night was it generated a new A to B equal city pattern to the downside. At the same time that it generated that pattern, it also completed the 1:1 move. So if we take a look at the hang out here, yesterday gets down to a low of last night uh 24570. The A to B equal CD price target is 24564. So what it's looking for here GTE is a bullish reversal candle to confirm a buy the D point or goly buy pattern. Now because of how price came off of the C point here. This is a strong move. We know that this is likely to do more than a onetoone move to the downside and that's confirmed by the weekly chart which this week for the first time since back in uh late June early July closed below its red oscillator and change line. So the weekly chart says pressure to the downside. The monthly chart is trading below its oscillating change line, although it's green. So it's really going to be the monthly and the daily that are driving things. And right now short of a you did get five consecutive days to the downside. So do not be surprised to see a rally Sunday night or Monday. Do not be surprised. It doesn't change the message. Unless you get a bullish reversal candle, then that would change the message that you're not going lower and you're headed higher and you're headed towards the 25 371 message out there. So, hope that helped you out with regard to the hang. Let's go take an STM. This for Duncan Steve. Give me a moment here. We'll get over to our tri charts out here. See what we've got. Do we have that up? We do now. That's right. We were doing the equal weighted. So, let's go take an STM. Let's give this a moment here to populate. STM. Get that up here. see what this instrument is doing. So, I went for my walk this morning. I do a four mile walk and then I do a six mile walk after the show. That way, I get at least, you know, my steps every day are like 25,000 or so at least. And that doesn't include bike rides and other stuff that I do. Uh, but I went out this morning after a brisk rain. Looked like maybe I was going to be able to get it in. Yeah. At mile number two, the rain said, "Nope, getting ready to start." That required a jog all the way back home. STW it's up on our SHTM M Duncan it's up on our screen and what you've got here right now is a wave 7 bottom now that formed way back on July the 30th and that's really led to in essence a consolidation for the most part within its daily profile the range there is 4975 at support 5721 at resistance out there the weekly time frame chart does not have a bottom pattern let's uh take a look at the STM when we come back to this break. Then we'll go take AMBA. We'll take a look at DY for Captain Dan and anything else I can get my hands on. Steve Ro with TFN. We'll be right back. 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This portion of the Trader Edge is brought to you by Directions Daily Leveraged and inverse ETFs. Whether you're a bull or a bear, you choose the direction. Visit direction.com. 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. Welcome back, folks. So, we're back to the charts for STM. This for Duncan Steve. And I want to start with the monthly time frame chart. So, on the monthly time frame chart, you can see a clear A to B equals CD pattern to the upside. We can just simply start back here and January 2019 is the A point A B C D out there. You get the bare sash candle a couple months ago that's supposed to take price back to support and ordinarily we'd say support would be it's green also didn't change line. However, in this instance here old resistance which was a TD9 count breakdown resistance level which by the way failed okay didn't did not act as resistance. But if we take a look at the last 3 months what do we know? Well, that old resistance has become support. So, Steo, perhaps the most important number for you to watch in STM is going to be that 4905 level. If price closes below that, it's not like um you know, it's curtains because you do have support below that, but boy, it would be telling you that um you know, there's going to be some real pressure to the downside. The weekly, which has a titty on top, does not have a bottom. Price has gotten back to the buy zone. We've closed below it for two weeks. Last week, we get above it. This week it looks like we might be above it. It's It's struggling for sure. And the daily time frame, we already talked about that consolidation. So the monthly chart, it's I I wish you could get, you know, you got a daily bottom. Wish you could get some type of weekly bottom. Then we could say, hey, the monthly's at support, you got a nice weekly bottom, you got a daily bottom, and you're off to the races. We don't have that. So the intermediate term time frame is really saying be careful. That's what I can see right now on STM. Let's go see if we can see anything better. The view is better. We take a look at ticker symbol AMBA. So, let's get it charts here populated. We got AMBA. Uh, she is trading out at good question. $67.32 with inside it bullish structured daily profile. So, Duncan, that buy zone is between 6098 and 6383. It's been tested. It's held at support. Right now, what price has done, it's run into resistance on a daily time frame. It's that red nasty red oscillator and change line that if closed above which at 6754 ought to take you up to 7240 until then you're up at resistance. Turns out where resistance on the weekly chart which is the bottom of its weekly profile. The exact number of that is at 6752. If we close both 6752 we'll have two consecutive weeks below that profile. that says pressure to the downside and on a monthly chart where AMA is trading with inside its profile and below its green o and change line and just slightly below its the center of its profile. Well, all those would be suggesting downside pressure. Now, the only one that's not potentially is the daily wave seven bottom, but you got to get above that red oscillator and change line. If you do that, then you're going to likely get back inside the weekly profile and it just changes the character. But until that happens right now, Stevie has got to go with the pressure in a ba is definitely to the downside. So Duncan, thanks so much for sending those requests in. And if you have more, go ahead and send those in as well. I've only got two that I see here. The next one, which we're going to put up on the screen, is DY. And let's go see this for Captain Dann. He's asking, is there a TD9 count and completed A to B equal CD pattern? Let's go find out. So ticker symbol DY, do it yourself. Let's see what this does. You've got ATD knockout bottom. Absolutely. Captain, so that forms a week and a half ago. It does it on the It's also a wave seven bottom. Um that was on September the 1st out there. Was that a buy the Dpoint bottom? Well, if we got a buy the Dpoint bottom pattern and I'm assuming I'm not going to go through the A to B equal CD because you've already done that. The confirmation came yesterday with that bullish piercing candle. So, you have got really three bottoming signals out here. Now, I have not been able to prove that three bottoming signals is better than two or better than one. It's not not that I've been able to identify. They're independent. They're each bottoming signals, but it does tell us you should have a bottom out here on the daily time frame, right? I think so. TD9 count wave number seven by the D point. Well, how are we going to know? The way the way that we'll know is price will start negating resistance levels. So, the first area to deal with on a daily time frame is the center of its bullish structured profile. That's where we're at right now. 365, I'm sorry, 30871. The buy zone, by the way, is between 296 and 308. You close above 30871, you're getting up to 33292. So that's the first signal you want to see out there. If we look at the weekly time frame chart, man, oh man, you have a B point from July 31st, volume 3.2 million shares taken out with 7 million shares. So there is a weekly. Let's draw it in first. It's C count rose moment to indicator top. Here's our A to B point. Looks like a 38 to retracement to me. I'm not even going to go ahead and measure it. It's going to be close enough. I'm pretty sure. Copy paste. Assemble. So now what we've got is we got an A to B equal C depend on the downside. That ought to get us to the 236 level. Well, if we're getting to 236, the monthly chart will close below its buy zone. We're not back. We're not there yet. The buy zone on a monthly basis 25425 to 27551. So, I've got to go with at this stage here until the daily proves itself to us. C first the answer to your question is absolutely yes. But my concern now is taking a look at the weekly chart knowing you have a confirmed large A to B equal CD pattern to the downside that the weekly is with inside its profile out here. And uh so um that's the best I've got for you and I hope that that helped you out and didn't confuse you and if it did uh sorry no intention there. XLR E that's real estate sector and Hector and Patty would like to take a look at that. Oh I got to put in the correct symbol. X L R E. Let's do it again. All right. All right. The old keyboard problem. The heck is going on here? Well, Hector. Oh, there we go. We're going to get the XLR up on our screen out here. So, as we take a look at it, you have a completed TD9 count bottom pattern yesterday on this daily time frame. What does that tell us? Well, because we are trading below its bullish structured daily profile and below its red oscilling at least at this moment in time that this is just a counter trend move. Today is actually completing ah today is completing the TD9 count bottom pattern out. Oh no, I take it that was yesterday and you just have an inside bar. So the study and I know I've shared this with you Hector and and Patty the study that I did on inside bars. If you got a red oscillator and change line and you have an inside bar and you close to the downside, you've just increased your odds of moving lower. Now that may just be a test of this TD9 count bottom. It could be something more than that. Why could it be something more than that? Well, one reason is because the weekly has an A to B equals CD pattern to the downside. Let's go ahead and draw that in. We may have already attained the one one level, but we know that only 16% of A to B equal CD patterns make the one one price objective level there. That is not a study that I've done. See, that is a study that Larry Pavvento had done years ago. So, I'm going to assume that that is still the case. So, you have completed you have attained the 1:1 level, but the weekly chart needs a bullish reversal candle to confirm a gartly buy pattern. The monthly has now lost the the oscillator and change line. There is pressure to the downside even though we've got this TD9 count bottom pattern in. We come back this break. We finish look at the XLR Steve Road with TFN. We'll be right back. If 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 make big money quickly. Unfortunately, there are equally as many stories of these so-called Forex professionals just looking to make a quick buck off aspiring traders without actually teaching the ins and outs of the Forex market. This is what sets Teddy Kekstack's The Tiger Forex Report off the riff raft. Every Monday, former Chicago Merkantile Exchange member and author Teddy Kekstat releases his Tiger Forex Report newsletter where he dives into the complex world of Forex and takes time to actually teach you his methods that have made him so successful in the fast-paced and rewarding world of Forex trading. 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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. This program is brought to you by Vista Gold, traded on the NYC American and TSX under the symbol VGZ. Welcome back, folks. We're looking at the real estate sector for the S&P 500 XLR. We're doing this for Hector and Patty. You know, Hector, I'm looking at the daily time frame chart. You've probably seen this, but this moved lower for six consecutive days. You don't typically see that in bull markets out there. Uh today is uh you know, we just moved lower for four consecutive days. So, you're certainly getting you know, that counter trend rally out there. The weekly and the monthly, they just have me saying caution um out there. So, I I I don't see this as a backup the truck situation. If we get a weekly uh gartly buy pattern, that would change our outlook. But right now, I think pressure is to the downside, at least as of 11:42. So, I know that might not be the news you wanted, but that is what I see in the charts. Hope that helps you out. Let's look take a look at the Seiko Mines. This from Dan from New York City. And obviously, a somber somber day, September 11th. Most certainly changed my life. Um, didn't lose any life or anything like that, but certainly changed my life uh substantially significantly. Um, so let's take a look at TGB out here. Stevie's got to fix this daily chart. Right now, it's trading out at about $8.16. I don't think that's right, though. No, it is right. But let me pull this thing down here. Yeah. So, I used stores at Disney theme parks and so, uh, you know, got the call from from management because, uh, after the second plane had hit, um, probably within about a half an hour, you know, everybody knew something was going on. And then they got a call from whomever at the uh um with inside the government saying that the they thought that the Disneyland castle both in California and in Florida were targets as well as Epcot cent's um spaceship earth and I had locations in all of those. In any event, let's get back to TGB out here. TGB has formed an A to B equal CD pattern to the downside. Has it been confirmed with volume? The swing point on this Dan is from the trading session of September the 4th and it had a volume of 4.4 million shares. It was crossed yesterday with 5.6 million shares. So TGB actually set up an A to B equals CD pattern in the downside. Let's give you what that price objective is approximate price objective. This is not dead on balls accurate. I'm just using a line tool out here. So the A to B equal CD pattern gets us down to about 750 let's say. So, what you'd be looking for there is as price approaches that level, you'd be looking for a bullish reversal candle. If you get that, that would be a gartly buy pattern. We look at the weekly time frame chart. Last week, it confirmed a roach momentum indicator top. We're trading back inside its profile. Um, I'm going to get rid of this consolidation pattern because it did offer a measured move. It wasn't did it did it generate that full measured move? We can try take a look at that. And it really close, right? So, you got to love that measured move of the consolidation, but right now that's not what we have. What we have is price has lost momentum. If we close below uh 812 and look, even if we don't close below today, don't don't take this the wrong way. But if we close below 812 today, now you've really got downside pressure. If A12 holds, that doesn't mean you don't have downside pressure. You don't have as much. But you know, if you close below it, you definitely have downside pressure. And I would say you go after that A to B equal CD pattern. And the monthly chart is saying, yeah, I'd like to pull back to about 7:45 at least test my green oscillator and change line. So Dan, that's what I see going on with TGB. Hope that helps you out. Um, Arran in Denver wants to uh take a short position, I believe, in Data Dog, DD OG. So, let's get its charts up on our screen. See if we can help Ron out here. Yeah. So, they call Well, these charts are Well, they call and they say, "Hey, so we don't know. We don't, you know, we don't know what we're going to do. We're going to close the parks. We're going to send home the general public, but we may open up the parks to the folks staying at the hotels. can you keep some staff here? I said, well, uh, first I've have to I have to be is okay if I share with my staff what you've shared with me? And they said, yes. I said, so I need them to make that decision. I'm not going to request they stay there if you're saying that there's a potential target here or what have you. But but we had we had staff that was nearby, so if they were going to open up, we could get everything back up and running. And all the management was on board, so we could do that. And anyway, back to data dog. So I'm just filling in stories here when the charts are filling up. In the case of data dog, Ron, the short trade on this really kind of set up back on the trading. Well, you had a wave seven top that was then confirmed when you gap to the downside which confirmed a road momentum indicator bottom. That was back on August the 6. So, we've been moving to the downside. Um, it looks like we have an there are several ADB equal CD patterns that we could draw in here. Right now, we just have a consolidation with inside its daily time frame and price up towards the top of it. So, if you're going to go short, um, now might be the time to do that and you'd close it out if price were to close above 22762. That would be the top of its daily profile out there. Uh, because if it closes above that, increase the odds that you're going to rally further. And that rally further could take you up to 247 to 252. That's the weekly oscillator and change line. That is the um center of its profile. Now the weekly chart is sending a message to you last week because first it's got a rose momentum indicator top but then last week it closed of low profile support but right now it has reclaimed that level and if at day's end we close above 21933 H something to think about. Well, it doesn't end there, Ron. All we do is we go to the next chart on the right, right? We get a good view daily, weekly, monthly. What did the monthly chart do? And I there's likely a sell the D point. What does price do? Pulls back, tests, and rejects its green os and change line. It may have bottom. It's certainly more neutral than it is bearish out there. And you're looking for the bearish side. So, you got the weekly reclaiming the bottom of its profile. The daily, do I have any kind of bottom pattern in here? If I were to draw an A to B equals CD, it looks like this. There's your A to B point. Pretty much just a straight move to the downside. And then we've got to go to, you know, the uh the high that takes place just a few days later. That one one level would get us down towards the TD Nike breakout area for it daily time frame. 196 is what shows up on my screen. 19501 is the breakout level. So with regard to data, why is my system doing this? last turn. Um, with regard to data dog, I'm going to suggest that you I'm going to suggest that you hold off on this one. Too many levels of support seem to be holding up on this. So, I do hope that that look, I hope that that helped you out. Uh, most certainly. Let's go take a look at Core Wave out here. This is for Duncan Steve. So, let's get it charts up on our screen. CR WV. Now, I operated uh stores inside theme parks across the globe for a couple of decades. And the cool thing about operating stores in the theme parks that you learn is that if there's a recession somewhere in the world, it's not the entire world. And so, we were in a pretty much recessionary proof business. Or so I thought. But September 11th changed the whole spending habits, the travel habits as we all know, and everything else. Universal studio stores, man, those things really tanked. you know, at least people were going to Disney, but you know, when it came to Universal, it seemed to be a bit more uh not and and and and the spending habits, the spending habits at Disney versus Universal, they're very clear and the same product. I can see exactly what's going on. And um um yeah, so is anyway, let's take a look at Core Wave here. First, Steo, there's a new profile that formed yesterday and price is trading with inside that. It's a bullish structured profile and you have a buy zone between 8159 and 8414. your resistance up at 91.81 and that's what you've tested yesterday. That's what you've tested this morning. But as long as price remains above its red oscillator and change at 8928, you're probably tested again. Close below that, you're likely going to get back to the buy zone. I do not have a daily bottom pattern out here. Um, another level of resistance on any rally is going to be that 10238 TD9 breakdown level. It's already been proven to be strong resistance. The weekly chart just um trading with inside its profile not really offering us a ton of information other than intermediate support at 6670 intermediate resistance 11586 the monthly also with inside its profile 6832 to 12271 let's look at Oracle we come back to the Many trading newsletters attempt to focus on a narrow set of equities or commodities. 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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. Welcome back. We got the charts for Oracle up on our screen. Boy, are they interesting. As an example, the weekly time frame chart has a confirmed A to B equal CD depend on the downside that gets us to about the $40 area. B point was taken out with major volume out there. Nonetheless, if price today closes above 15523, we're at 15310 right now. You would then generate a weekly bullish profile change in trend. And I'd say not that the A2B COD pattern goes away, but boy, you would then have a bullish confirming message. We closed above profile resistance last week again 15523. Why is that important? Because the daily chart confirmed an A to B equal CD pattern to the upside. Price is trading with inside its new profile. That's got uh resistance in the 161 to 164 level. Uh support at 152. It's found support at the bottom of that profile. It's found supported. It's green os and change line. If you close back above 16450 uh Duncan, you're headed up to the 18459 area out there, but you do have this pressure on the weekly chart again. Can it get back above that profile? I don't know. And the monthly is struggling to get inside its profile as well, even though it hasn't confirmed. Also, A to B equals CD pattern to the downside out there. So, Oracle's charts are kind of in are very interesting right here. But right now, I'd have to say this AD equals CD pattern to the upside would be nothing more than a counter trend move. Let's go take a look at 3M real quick here. This would be for Captain Dan. Question is, is there an entry uh pattern or entry price inside of 3M? So, let's get it charts up on our screen. You got 3M right now. She's trading out at those are the charts for Oracle, so I can't tell you. Come on. M Oh, no. I put up the wrong symbol. Gosh darn. Mm. Minnesota, mining, manufacturing. Come on, let's get up here. Hey, Al, keep the music uh down if you would. It's going to come on in about nine seconds. Let's see if we get these charts here. If I can get this uh completed here for Captain. Sorry about that. Put in the wrong symbol out there, but let's try for the 3M. We're doing our best. Come on, charts. And if we can't get to it, captain today. So, here's the daily time frame. You got a TD9 count bottom pattern auto rally to 1766 or thereabouts. weekly chart trading with inside profile monthly chart is suggesting that it wants to trade lower, but I'd say you're going to get a rally. You're going to get a counter trend move up towards that 17066 level. Folks, have a fantastic Friday, a wonderful weekend. I look forward to seeing you on magical, marvelous Monday. Take care. Be safe out there.