 a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618. Let's go to Al and Tampa. Hey, Al, what's going on? Oh, it's a beautiful thing. I mean, if your listeners don't get the gold report, they're missing out. I mean, with your gold report, you just print in money. I love it. You're my best dad out there, Al. Let's go to Jeff in New Jersey. Hey, Jeff, what's going on? Great. Hey, listen, I was calling to thank you. A few weeks ago, you were prompting on your show to fill out that $10,000 grant. Yes. So I filled it out. And just a couple days ago, I found $1,000 in my business checking account. That's awesome, man. That's awesome. Yeah. I owe it to you because if it wasn't for your prompting, I would have just assumed no way I would have gotten anything. So I wanted to thank you. No, we appreciate you growling a problem with us here. Now, Tom O'Brien. Folks, this is Tom O'Brien and Tommy O'Brien of TFNN. We go five days a week. We go seven hours a day. We go 24 hours a day on the internet at TFNN.com. Always remember, folks, if you think about it, you bring about whatever you focus on, girls. Yeah, we focus. Want to say hi to everyone, Tommy? Girl, go ahead, girl. Wow, I've been another one. Wow. Tell them we've been trading zero-day options all day long. I'll tell them zero-day options, right? You're learning how to do them, aren't you? We're trading spreads. OK. We're trading spreads. That's right. Don't make assumptions. Ask for what you want. Find the courage to ask for what you want. Others have the right to tell you yes or no, but you always have the right to ask. Likewise. And that is the right. Everyone has the right to ask you what they want, and you have the right to say yes or no. OK, now we're going to do it, Tom. We're going to go over the market. Market-wise, let's take a look at it out here. We have the Dow Industries down 40. NASDAQ up 219. S&Ps down 35. Gold. Gold contract down $23.10. Gold, chocolate down to zero. Yeah, good boy. At 1960, we get silver down 38 cents. We're trading 22.85. Oil. Oil down 258. $71.76. That's a barrel. Notes and bonds. A 10-year note. Down 27 ticks. Trading at 112.18. The 30-year down a full point plus three ticks. At 125.15. And $king dollar. And that's what it's all about. Tommy, tell them. $king dollar is all about. That's why the market's having a hard time. $king dollar's up 370 at 104.257. The euro's at 107. The end's at 140. The British pound is at 123.01 US dollar. As you can see, folks, Tommy has got big. He's, let's see, March, April, May. He's two years, 24. He's 28, seven months. How you like that? 20 months now. What do you like to do? Like to buy high and sell low? Say buy high, sell low. Buy high, sell low. That's right. That's exactly what we got to do. We got to buy high, sell low. No doubt about that. Buy low, sell high. Buy high, sell low. Oh, buy high, sell low. I know, yeah. I'm just doing so many spreads that, yeah, I'm selling the spreads. OK. Market-wise, let's take a look at this, folks. OK, so we'll take a look at it. So what you get on the SPY is this. The SPY right now. The SPY right now. Up $3.90. Trading out at. The SPY right now. Yep. Let's see. One second, let me get that. I got to get that one for a second. Thank you. One second. Here we go. OK, so we are at. Now. There we go. Yeah. Yeah. OK, so we're traded at 414.98. And we'll see how this fluctuates around. But the bottom line is that you're coming into 98 million shares, folks, and you only get 64 million. Now, the big move, and no doubt, today is in the NASDAQ because of NVIDIA. But I want to go to the gold contract first, because the gold contract is in a confirmed ABC structure down to 1903. Gold broke its low today. And we. Broke its low today. Broke its low, Tommy. That's right. No doubt. And it has volume. It has volume. It has volume. That's right. Yeah, I like the speech pattern, folks. Isn't it cool? I love the speech pattern. I love it. You can see, you get a decisive break. Look at that, Tommy. Look at that screen. They get a decisive break downtown. 1903 is the number. And if we get over to the dollar, it's going to be all about the dollar, folks, OK? Well, here, let's do the NASDAQ first. So if we do the three Qs, what you're going to see in the three Qs is that you are over the highs, bottom line, that being said, you don't have one equity. I mean, they've all been up there pretty good. But if we go to the one equity, the NVDA, what you're going to see here, this is more than a one to two ABC up, folks, OK? That's right, the ABC up, right? And when you have more than a one to 1.618 ABC up or down, it's the end of the move. So my take here is that this is the end of the move on Nvidia. So we'll see, you know, you can actually take a look at the volume, too. When you take a look at the volume, you're going to see that you're really running almost, let's see, three to four times the normal volume, you know, which is a monster number. There's no doubt about that. So we go over to the dollar. We take a look at the dollar. There you are. There you are. We take a look at the dollar. Look at that dollar, Tommy. That dollar is trading $104. That's how it's trading. Did you say $104? $104. $104. $104. You already know it's numbers beyond belief, folks. It's just amazing. So it's $104. Now, where's grandpa say it's going to trade to? $106. $106. $106, OK. So $106. $106. $106? And what does that do? So as the dollar goes higher. The market goes lower. The market goes lower. The market goes lower as the dollar goes higher. No doubt about that. Say hi, Tommy. I love this. So let's take a look at some of the higher volume equities. Hold it here. Let me do this first. Oh, where's that big train? There it is. OK. So some of the higher volume equities out here today. And Vinny is the big one. No doubt. That's 78 points. You have advanced micro up 11 and 1 half points. We have alphabet up 2 and 1 half points. Inside the NDX in general, what's taking the NDX higher, of course, we know what it is. NVIDIA put in, there's up 25%. AMD's up 10%. You've got cadence design up 10%. Synopsis up 9%. Now, take it away from it. You've got Dollar Tree down 10%. Aluminum is off 10%. Intel is off 5%. And you've got Walgreens off 4%. So there's a lot. No, don't throw that big train off there, Tommy. That's a beauty. That's a beauty. So here, can you growl? Can you growl for everyone, Tommy? Can you growl? Let me hear you growl. Growl, one more. Go growl. Growl. Good boy. You stay right there, folks. We're coming back with our man, Mr. Tim Wood. Dow. Dow Industries down 27. NASDAQ's up 225. S&Ps are up 36. We'll come right back. Say bye-bye, Tommy. Say we'll see you later. Bye. Tell everyone bye. Go ahead. Go ahead. Tell them we'll see you later. We'll see you on Daddy's show. OK, folks. 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 Kegstad's Tiger Forex Report. Teddy Kegstad 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 debonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex Report, you also gain instant access to Teddy's 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. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights, today. And try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. 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Toll free at 1-877-927-6648, internationally at 727-873-7618. Welcome back, folks, to Dow. Dow Industrial is right now, down 36. You got the NASDAQ up 223. S&Ps are up 35. Let's get over to our man, Mr. Tim Ord, as we do each and every Thursday at 20 past the hour. And as you go to the front page of TFNN, folks, we've got a special treat for you. Our man, Mr. Tim Ord, is going to be doing two webinars for us. We've got two webinar series that's coming up. You're going to see this right at the front page of TFNN. The first webinar is going to be coming up on June 8. And what that is going to be on is the broad market, the S&P. The second one is going to be on June 15. And that's going to be on the gold market. And our man, Mr. Tim Ord, of course, has been in this market for 50 years. Bottom line, knows the market upside down. And the first webinar, folks, OK, the S&P, what he's going to be talking about. So it's going to be a two-hour webinar, folks. It's going to be an hour and a half of teaching and a half hour of questions on each one of them. The first webinar he's going to be on the S&P is going to be talking about his sentiment indicators, the most important elements that he looks at for bottoms, the divergences that he looks at all together, and putting that all together. The second one is going to be on the gold market. And that's going to be about ratio studies, cycle analysis, advanced decline, volume indicators that he knows he does a lot of ratios out here, looking at the extremes, putting that all together. Now, the way this works, folks, is that you can go to both of these webinars for $495. You can go to each one of them for $295 a piece. You can check it out right in the front page of TFNN underfeatured content. Tim O'od, what's going on? Well, everything's good on this end, so let's just dive right into it, if you don't mind. Absolutely. I got your charts right in front of me here. So I'll start with the first chart. Yeah, the first chart. This is actually kind of an educational thing. This chart is the NYSE summation index. Yes. And it goes back to 2000, I can't get my glasses on here. Goes back to 2007. While I want to point out, there was a big decline going into 2008 low. And my point is, for a bullish market, you really have to have a blowout to the downside and get a lot of extremes, get, I guess, the weak hands out, pretty much get anybody out of the market, then at bottoms. And that happens when the summation index, this is kind of a, there's McCullin-Oscar, then there's a summation, McCullin summation index. OK. And the summation index is, actually, I don't want to get into the real big details. But yeah, when the summation index is below minus 700, which I marked there with blue lines on the chart all the way up to the current time frame, then when it gets above plus 1,000, so Haskell, to have a selling climax in the summation index, Haskell below 700, then you ride after that within a month or so, you have to have a sign of strength. And that's when a reading is above plus 1,000. Matt confirms a bottom in the market. While I want to point out in this client of 2007 going in 2008 bottom, he had a lot of readings below minus 700 there. And I outlined that in pink. Why that market did not make a bottom? Because it never made a bottom until the summation went back above plus 1,000. So even though he had selling climaxes, it just kept selling climax. That's awesome to know. It never reversed until finally in late 2008, you got a massive selling climax way below minus 700. Then finally, it got above plus 1,000. And that's when the bottom happened. And that's my point for the whole thing. You have to have a selling climax, and you have to have a sign of strength. And this is the stuff that he'll be teaching folks, which is so cool. Yeah, that's so cool, Tim. Wow, OK. Yeah. So my point is, getting back to the current market, which we did have a selling climax right down the date, but we did have a selling climax way below minus 700. Then earlier this year, we did have a buying climax of plus 1,000. OK. So what I'm saying here, this is not going to be like 2008 decline, because we went to a selling climax to a sign of strength. So that's confirmed to bear a bull market. We're in a bull market now because of that reason. OK. So if the market never got to plus 1,000, then this market going sideways could be the halfway point to move down. Instead, this whole thing is a basing period. Yes. That's my point on that. And Tim, these are the things that it's so cool that you've been doing this so long, and you really get to understand these. Because it seems to me, we all have. I mean, I do the Wyckoff price and volume, which I love. Do you know what I mean? I know you do that, too. But it's these things here that I think that people don't have, don't do. You know what I'm saying? That is so valuable to people. Yeah. And that's the reason why as well we got oversold, we're having a bottom. Maybe. Yeah. We're just trying to shrink that. And actually, I flipped to chart number three real quick. OK. I'm going to scoop this. OK. I had a chart three. Yeah. All right. I think we talked about this last time. And maybe not, but I did a Fibonacci relationship from the March 2020 low. That was a COVID low, I guess you might call it. And the market rocked back up into January 2020 I did a relationship, or I did a Fibonacci retracement level. If you notice, we retraced down to the October of last year. And we didn't quite touch the 50% retracement level. We almost did. And so this market from the high of 2022 is only retraced 50%. It didn't go down to 61.8% retracement. It only traced 50%. So from the Fibonacci stage, I guess you might say, either this is a halfway point of the move up, which would give a target around 6'10". Or at least go back and test the previous high. Right. Fibonacci wise. Well, you take this another step further. I have what I think is a head and shoulders bottom. And the reason why I'm calling the head and shoulders bottom, if you look on the volume chart of March, we had a sign of strength through that neckline. I just closed the neckline, drew a line across there. I see that. And we closed above that neckline, which is around a little bit above around 405, inside great trend lines. And so what's important, you have to hold above that line for the market to continue higher. And we did in April. And now we're in May. And May, if you do the volume stage, this month, which is not even over yet, is already higher than the month of April. So you're making kind of higher highs. We did touch a higher high above the previous high and higher volume. So there's quite a bit of evidence, even though we haven't gone anywhere since basically last May, we did have a sign of strength through a head and shoulders neckline. And we did close a blow above it. And if you do the calculations of that head and shoulders bottom to take the bottom of the head up to the neckline, you add it on, come up around 460. Well, 470 is a high of the previous high. So I'm thinking that at a minimum, we go there at 470. Tim, just stay there for a second. We get a quick break and we'll come up right back. And what's so cool with Tim's talking about here, folks, so picture, when you do a 50% retracement which he was talking about from the highs to the lows, that's a normal retracement, you know, in a market that can go up, folks. That's the bottom line. And then he matches it with his head and shoulders bottom that he's looking at. Stay right there, Tim and I, come right back, folks. 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 O'Brien 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 O'Brien's Gold Report Newsletter now at TFNN.com. Sharpening your skills as an investor is like getting better at playing a musical instrument. 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This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Welcome back folks to Dow. The Dow's down 12, Nasdaq's up 235, S&Ps are up 39. We'll talk with our man, Mr. Tim Ord. And don't forget folks, if you come over to our website, the front page of TFNN, Tim's gonna be doing two workshops for us. One on the S&P and the second one on Gold. All the details are right on the front page of TFNN. The workshops themselves are $295 a piece for one, a $495 for two. Okay Tim, so I have the third shot up right now. Where do you want me to go? Let's go to chart two. Okay. Cause chart one and three kind of had, you know, that was a bigger picture. Now we're going to chart two. Sure. And I do, actually in a nutshell, I don't, charts kind of messy. The only reason why, cause I do a lot of stuff with the ticks and trend. And anyhow, the closing kick and the closing trend will put it this way, a trend closed at 1.2 or higher and a tick closed below minus 200 is a form that shows panic in the market. Okay. And now I'll, I'll stream that and explain that in my webinar. If you do, what the trend is, I forgot, is up volume or is advancing issues divided by declining issues divided by advancing volume divided by declining volume. Right. And if you do all that stuff, you get anything over, you know, one is lean sparrows, you get under one and lean kind of bullish. Well, over the years, I figured out anything below 1.2, you're starting to see panic in the market. That's when bottoms form. Bombs only form on panic. If you go down and there's no panic and everybody's like, oh yeah, this is a cheap buy. You're going to go a lot lower. Now people start saying, I'm taking, get me out of the market is when a low starts to form. Yes. And that's when the trend starts going way above one. So, but anyhow, the reason why I put all those blue numbers there are when the trend or the tick showed panic levels. And usually when the market panics at a certain level it'll continue to panic in that level. And I probably had some, maybe the next next week or so, we'll show that a look on the bigger time frames. I had a lot of panic around the 360 at 390 area on the trend and tick on the SPYs in that range. I see, okay. There was panic in that area. You're hitting support. So, but you know, we're getting off subject. But anyhow, this is SPYs going back first part of April. And what I'm thinking here is forming is three drives to a top pattern. You had a top in mid-April, another one late April, first of May, and we just had one here last week. If you notice we did break above the previous highs, actually on the sign of strength, didn't hold. But if you can't hold the previous high, then what you're going to do is go down to the previous low. Well, three drives to the top pattern has a downside target to where the pattern began. Well, pattern began at the previous lows, which is that shaded pink area in there. So I'm thinking we're going to go there. We have a lot of panic in that region at between four, five, four, 10. So I'm thinking that's where we're going to go. And I got a gap there's circled, and we have a gap. Yes. I think it was May 6th. We left an open gap there. I thought we'd fill it a lot sooner. So, Tim, are you saying there's going to be one more panic here? Is that how that's set up? Yeah, I'm thinking that. I see. Now I see. This is cool, man. This is the stuff no one has. Trust me on this, man. Because Tim, we go back to the 90s. He taught me so much about the market. It's insane. This is the stuff that no one has, man. I get it. Go ahead. I'm sorry, man. This is so cool. Yeah. So anyhow, yesterday, I got a note there. It says 382 down tick rings again. Minus anything below 200s panic. The more down tick rings you got, the more actually bullish it becomes. But the trend only closed 1.09 near bullish, but not quite. And I bet either today or tomorrow, we're going to hit 1.2 or higher on the trend. OK. As we're talking right now, we're at 1.11. And ideally, when you go to a holiday, a lot of times volume drops out. Yes. So ideally, when you want to go into a holiday, you like that market going down because volume's going to drop out. We're going to test the previous low or test the gap. And if you test the previous low on ladder volume, preferably 10% lighter volume, it implies support. If you test the gap on ladder volume, at least 10% it tests the support. So I don't have a crystal ball, but my bet would be test the gap tomorrow on the lighter volume. And the trend is going to close today or tomorrow around 1.2. Suggesting that gap, we're going to find support probably most likely on the lighter volume because we're going into a three-day weekend. And that's when really the rally starts probably Friday. Friday would probably be it. Yeah, next week. You know what's so cool, Tim, right? Is that like, I know you've taught me the trend of the tick in the 90s, right? And it's so cool that how you've just put together the tree drives, whether the top or the bottom, with it, with the context of, OK, yeah, we're going to compare. And again, we know the market's always about strength and weakness, folks. OK, and so this is so cool because we know when you were saying that one of those charts was sloppy, but it's been a sloppy market. Do you know what I'm saying? It's like back and forth, back and forth, right? Yeah, pretty cool, man. But also, I do stuff with Fibonacci like you do. And if you do the Fibonacci retracement, that 405 area, which is that pink area again, is a 38.2% retracement. So you can do the numbers on that. So in other words, the sideways movement that's going on since the beginning of April is probably the halfway point of the move up. And if you do that, they come to around 445. So I think we hit 405 again, then probably rally because of the Fibonacci relationship, just going sideways here for almost, well, two months, all of April, all of May, then we rally up probably in July or August to Fibonacci relation. And that's saying that it wouldn't break the low of that consolidation also that we've been in, which is pretty cool, right? I get it, right, OK. Yeah, so there's a lot of different stuff going on in there, but that's how I'm looking to market. And if you look at the monthly chart, there's nothing various about it. So we just got noise here. You got to, I guess, pay attention that I've been long actually for a while now, and I have no reason at the moment, at least on the S&P's, to think about selling this stuff. Right. So 405, I'll probably add something on that options under a while to maybe commodities, but I'll have to wait and see what it looks like. Right. I'm thinking an idea, I hope it goes down tomorrow. That'd be worked out really good if it does. And a lot of times, going on these holidays, if you have fear going into where you can't sleep over the weekend because you're in a long position, this is a type of market to give a lot of people fear. Yes. Tony, I'll let you know. And when Tim says that he'd like to see it go down again, folks, what happens is this is that when you get the third test also, which is pretty cool, right, that you get so much more information, it's amazing, right? I mean, that's how it works. So it's pretty wild. Yeah, no doubt. Yeah. So we've got one more chart. OK. We've got time to cover it. Yeah, well, you just stay there. We'll take a quick break. We're going to come back with the next shot, all right? Cool. Stay right there. This is Tim, Owen, Tom, O'Brien. Tim's going to be doing a couple of workshops for us. Check it out in the front page of TF&N, folks. We have the Dow Industries right now trading up nine. NASDAQ's up 243. S&P's up 41. Tim and I are going to be coming right back, folks. 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 TF&N.com. TF&N, 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? 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TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. The Tiger's Den, available to all tigers and tigeresses 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 TFNN.com. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Welcome back, folks. Down industry is up two NASs, except 241. SAPs are up 41. We're talking about, man, Mr. Tim Ord. And I have the, yeah, I have the fifth child up here, Tim. All right, actually, this is off subject a little bit. You remember how we met? At all? I believe I do. You probably don't remember the circumstances, but you remember Chris Cadbury? Yes. Yeah. I think he wrote something in Stocks, Kamay's magazine. So you called him up and you were doing your radio station and I forgot how Chris and I became friends. I wrote something for Kamay's magazine way back when he called me about some stuff. And anyhow, you called him and offered him an interview or something on your radio show. Yeah. And Chris calls me and I'm thinking, I don't wanna go on the radio. I love it. And this is why I would. So he gave me your number, so I called you up. I love it. And that's how we began our relationship. And Cadbury was awesome too, man. Yeah. Yeah, Chris Cadbury, you know, he was always in the top 10 of Timer's Digest. Yes. Years and years. I do remember that now, Tim. I do, man. That's right, because yeah, wow, that's amazing. Yeah, and yeah, so I called you up and I think one of our first conversations was, yeah, I think the market was crashing in like 1998 and like October or something. And I remember I was trading quite a bit of offices back then. I said, I gotta get out the radio because I can buy some calls. Yeah, but it was way before that because we had already done workshops by then. We met in like 96 or something. Was it in 96? Yeah, yeah, I know, was that wild? I know, but that happened when Greenspan was on. It was Greenspan and Ruben that was on. It was live. He said, I gotta get off this air. I remember that because what happens, folks, we used to do this program live, trading live simultaneously three to four in the afternoon. Yes, now I remember that so well, man, because yeah, you gotta love it, man. Yeah, yeah, that was, anyhow, that's how I met you. You called Chris Cadbury for an interview. I love it. And he didn't want to go on the radio and he called me and said, yeah, I'll go on it. How cool is that? Yeah, how cool is that? So it's a small world. It is. It is. So, but honey, what chart you got up? What chart are we on? I have the fifth chart up. All right, fifth chart, okay. It's kind of important here. We showed this chart last time. And anyhow, the bottom window is the 18-day average of the up-down volume, advanced decline percent. And next window up is the 18-day average of GDX up, or the bottom window, excuse me, is the advanced decline percent. And the next window up is the 18-day average up-down volume percent. Previously, when both those indicators got above 40, normally a surge pattern happened. And I went back in time and showed those examples. When we had one on April 4th, 2023, about over a month ago, month and a half ago, and both of them got way over 40, which predicts the market in general should rally four to five months from that spot. And so, market did rally for a little bit, but it has since backed off. And now, flip to chart four. Okay. Now, so this chart is the weekly GDX, this top window, next window down, is the cumulative GDX advanced decline percent. And the bottom window is GDX, up-down volume, cumulative on a weekly timeframe. So you, and the blue line show the buy signals, in other words, when the buy signal happens, when the both indicators close above, it's mid-bowl in your band, and the sell signal, which is a red line that closed below the mid-bowl in your band, and mark those on the chart. And we got a buy signal back in March of this year for that method on a weekly timeframe. The only thing I wanted to point out, the bottom window kind of just barely closed above it, and over the last couple of weeks, actually turned back down again. And the next window up, these are on the weekly timeframe, so they're bigger timeframes, and it also closed back below the mid-bowl in your band. So anyhow, which indicator is correct? And that's what I don't know. So, you know, I guess the bigger timeframes rule the smaller timeframes. Yes. So right now, this thing put neutral, in my opinion, it's not a sell signal. Okay. It's really not a buy signal right now either. So I'm determined how I'm looking at the market right now. I think GDX is just oversold, and it is due for a bounce, how that next bounce performs, will determine what I do next. Okay, cool. That's how I'm figuring this out. And folks, you know, you can see, you know, this has been a great tutorial, you know, coming up for the webinars that Tim's gonna do, and you can see, this is stuff that, you know, no one's ever seen. I mean, that's the reality. So, if you'd like to- Yeah, you're right. This is, I tried using all this other stuff on GDX. Yes. And it's a hit and miss. And I'm thinking, you know, screw that. So I kind of started digging into other stuff, and started narrowing it down, and this is what I came up with. Nice. And that's how you've always been, though, man. I mean, that's what's so cool, Tim. Do you know what I'm saying? I mean, you know, and your tick and trend has got a lot more sophisticated, what I think is so cool also, you know? So, you know. Yeah, a lot of people, you know, when they panic, I'm thinking, if you're panicking, you're, you know, that's a good sign. Yes. You know, and I started to, you know, people, you know, my clients in the old days just call me up, bitch about, you know, if Marcus paid, we gotta get out. You know, or whatever, or call me names or something. I'm thinking, you know, we're walking away from a hell of an opportunity here. Exactly. Exactly. And I started to figure it out, and I go back and look, I'm thinking, that's a perfect bottom. Yeah. So that's what kind of switched every of that. I tried to find indicators that, you know, represent panic and VIX is a good one. Probably our next show will show some stuff on the VIX. Right. Which is pretty cool. Well, you know, it's really cool, Tim. It's putting, I would say that, you know, it's putting how you put a few of them together in order to basically make the probability assessment of where we are, you know, which is so unique. It's where it's at, man. And listen, folks, you know, come over to our website at TFNN, you can test drive the, you know, the S&P one first. It's only 295. Oh, you wanna do both of them, it's 495. You know, you're gonna have a great workshop. I mean, it's an hour and a half of great learning that you haven't had. And then a half hour of questions because there will be questions. Because, Tim, do you remember the first workshop? So, folks, picture this. I flew Tim in up to Waltham. And we had a day trading shop. And the first workshop, we came out of there and Tim was teaching us the ABCs. And this was, that's how I know it was 96, Tim, because that's when I brought you in, right? Well, we went out of our minds, folks, you can imagine. You're a, running a, owned a broker firm or something. It was, yeah, it was, and so we were going out of our minds. Remember that it was like, oh my God, I can't believe all these ABCs work, right? Because you gotta remember something, folks. In the 90s, these ABCs, well, you know, just like when you get a trending market, they work beyond belief in a trending market, you know? So, really cool. Well, listen, man, this is a pleasure. You have a great long weekend, a safe one, and of course we look forward to having you on next Thursday, Tim. All right, thanks a lot. Thanks, man. Talk to you then. Thank you. Stay right there, folks, we'll come right back. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. 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Yeah, you're gonna say, have a great day to people? Tell all the Tigers and Tigris's, have a great day. Growl first, growl, growl, growl, growl. Okay, tell them they have a great day. Tell them to listen to daddy in the morning at nine o'clock. So what we have out here, folks, is this. Let's go look at the S&P first. What do you have out here? The spy and the force, that was an amazing, you know, 30 minutes, folks, that Tim gave us. And you can see, so when we look at this S&P, you see when he's talking about the 405, the 403 is the lows. He's talking about the 405 right above it. And I suspect, you know what? That's probably exactly what we're gonna do and then we'll see if it comes in what he's looking for. If we take a look at the cues, the way the cues are set up right now, what you have with the cues is that the cues, right now, you know, they're gonna close at their eyes, they're up eight bucks, they'll close at their eyes and we'll see that next swing point. The next swing point is dramatically higher. And then if we go over to the gold, gold as Tim said, bottom line, you know, my take is that we got an ABC down into this, ah, good boy, into this 1903 area, you know. Now watch, this is how Grandpa ends the show. Ready, ready? Always remember folks, whatever you think about, you bring about, whatever your focus on grows and whatever you want in life, folks, visualize it like a nice big motion picture. Step into it, take ownership of it and fly with it. Thanks for being here folks. Visit Tommy tomorrow morning, nine o'clock, great show. Ready for a growl? Tommy, ready for a growl? Ready? Well, go ahead, good boy. Well, now you got it, man. Have a great one, have a safe one, folks. Come back and visit Tommy tomorrow morning, thanks. Good job.