 Let's get over to our man, Mr. Tim Ord, as we do each and every Thursday at 20 past the hour, and you can reach Tim, folks, every trading day at www.Ord-Oracle.com. That's www.Ord-Oracle.com. Tim Ord, what's going on? Well, thanks for having me on again. Actually, I sent you over four charts. Hope you got them. I have them. I have the first one up right now. Absolutely. All right. All right. Chart one is just kind of short-term analysis. And we got out on Friday and we got back in yesterday. I thought the correction may be a little bit bigger, but it's probably ending. But anyhow, in a nutshell, going into last Thursday, we're up six days in a row. And market does a lot with momentum. I'm starting to look at a lot of different type of things. And momentum kind of rules a lot of different, actually kind of rules the stock market. Yes. But anyhow, if you get the market up six days in a row, within five days, it'll be higher 83% of the time. Wow. That's what it's. Yep. Okay. Yeah. So last Thursday, the market was down Friday, was down Monday, down, no, Monday was a holiday. It'd be down Tuesday, down Wednesday. But anyhow, on this pullback, we're starting to weigh on you. You're up six days in a row. The market's supposed to be higher within five days, 83% of the time. Well, five days is Friday. That'd be five trading days. So either the market's supposed to bottom today or tomorrow. Yes. There's rally going. So anyhow, the market did pull back. And the only time you really want to buy, if you start to see panic in the market, if you don't have panic, then you're not going to have a bottom. And on Tuesday, the market trend closed at 1.71. Anything above 1.2 is the center of panic. And ideally, if I see down to greens minus 200 or greater, we got 177, that was closed. And there's some rules that I kind of developed over the years with that. When you get that kind of combination where you get a trend above 1.2 and down to greening below minus 200, then quite magic. But usually, start looking for a low within the same day as readings to us two days later. So two days later, it would be Friday. A day later would be yesterday. And there's a lot of reasons why we got bicycle. And yesterday, we had a 1.38 trend reading. Well, if you get two days, if the market's an established uptrend, which I define established uptrend is when on a weekly timeframe, if the market is above mid-Bollinger ban, it's an intermediate term uptrend. That's what's happening now. So in that type of uptrend, if you get two days of trend readings to add up to three, usually looking below the same day you possibly as late as a day later. So you got kind of two different combinations of panic. You get a two-day trend over three, and you got a trend reading 1.71 and a turn down degree. Probably the audience is spitting their heads right now. No, no, no, no, no. This is great about this, Tim. And folks, okay, as this is that we're going to go through two segments because I saw that you sold basically at the high. And I saw when you were getting back in last night, I says, this is so intriguing, in particular, Tim, because I went over your workshop. I've gone over that workshop four times already and it was an amazing workshop. Thank you very much. It was just fabulous. And I couldn't wait to get you on to ask you those questions about the aspect of what is amazing to me is that you could get a panic even though we didn't get down that far. But you can see that the aspect of that trend was saying that people are really nervous, right? I mean, that's how you're looking at it, right? Yeah, that's right. You got to get people on the stealth side to get that trend up because it's an advanced decline and volume combination indicator. So basically the dumb money selling and the smart money is buying. And then in this particular case, you put that together with the market being at the mid-bolinger band, right? Well, there's a little bit, anyhow, there's more than that. No, I got it. I'll get it. Okay, that's cool. Yeah. Well, what I define as an uptrend is when the market stays above its mid-bolinger band on the weekly time frame. Oh, cool. Again, okay. So when I say the three-day or the two-day trend has to be above three, the market has to be an established uptrend above the weekly bullet. So anyhow, there's a lot of different roles going on here. No, no, that's cool. Yep. So anyhow, works pretty good. So anyhow, the bottom window there is the two-day trend. And I just marked it when, well, this is the average. So the two days average is 1.5. So I marked the times when the two-day trend did get above 1.5 or when you had them up be three. So and you can see it picked out all the lows decently over the last couple of months. Yes. So anyhow, it's pretty good. There's another thing too. On Friday, you can't quite see it on my chart there, but Friday, we hit a new high on higher volume. Market, in my opinion, never makes, and you probably could find an example, but it's pretty rare. But on a daily time frame, you never make a final high. You always make a final high on lighter volume. Yeah. Never a higher volume. Right. You make a higher high on higher volume. You're going to at least go back up and test that high. Right. So even Friday, I kind of sold. I was kind of nervous because I sold because I was thinking that we're probably not going to go down far. And if I started seeing panic and ticks and trend, I was going to kind of be in a hurry to buy back. Yeah. And so anyhow, that may be right. So I maybe did pick a little, you know, closing low yesterday. And the next rally, we should break above at least last Friday's high because last Friday's high had higher volume. Okay. I don't know how high it's going to be, but right. It could be interesting. So yeah. Yeah. Cool. Okay. Do you want to go to the next chart? Yeah, we can go to the next chart. This is, you know, that's it. That's my analysis for kind of the reason why I got out and got back in. No, no, I'm with you. And I think it's fabulous analysis, man. I was, you know, I'm really intrigued, Tim, with this deal about the panic. And you don't have to have a vicious market going all the way down to have panic. And I'm quite familiar with that. But now it's nice to having a couple of tools to look at it that way. Do you know what I'm saying? Right. Yeah. If you don't matter of fact, off that top back in January of 2022, when that market was starting to go down, the trend didn't go up. Right. And that was a big warning sign that, you know, something bad's going to happen. Yes. And so you've got panic coming right off the top is usually a pretty good sign. If you don't have panic coming off the top, you know, you can buckle up your belt because it might go on for a while until you do finally get panic. Right. You know, I've read a lot different books over the years. Some got me on the wrong track and it's still stuck in my brain. I'm trying to still try to forget those stuff. But in a nutshell, from my years of experience, you know, panic is really a good thing for the market. Yes. You know, if you can find it, then there's a lot of different indicators you can use. You can use kind of Vance climb lines. You can use McCall non-square type things, donation index. You can use a vacuum. You can use a short germ and you can use a trend and check and a bunch of other stuff. Stay right there, Tim. We'll come right back. Stay right there, folks. We'll come right back. Welcome back, folks. I doubt. That was off 56 NASDAQs up 81. S&Ps are up three. We're talking about, man, Mr. Tim Ord and we are bisecting and bisecting this market. Should I go to the next chart now, Tim? Yeah, we can go to the next chart. We kind of went over that first one pretty good. That was daily. This is a weekly SPYs and it goes back to mid-2018. Okay. And anyhow, I want to actually talk about the bottom window. The bottom window is the percent B. And what that says is that the midline of it, let's see how I say this, funny how it measures where the Bollinger bands are. So this is a weekly Bollinger band on the SPYs and when the bottom window gets above one, it means that market is above or is at the upper Bollinger band. And when it's at 50, it's at the mid-Bollinger band. And when it's at below zero, it's below the Bollinger band. Okay. So when, you know, markets, they kind of, they get out of, if they're going up too fast, that's usually a bad sign. And what I want to point out is when it gets way above one on this last go-around, it did get above one, but not a lot. Going back to within two or five, six years here, the highest it ever got above is mid-Bollinger band was back at the top, near the top anyhow, at 2021. It got up to like 1.25, I think it was. And I circled it in red on that chart. I see it. Yes. It's never been, yeah. And it's never been higher in that timeframe I have shown. It got close here over, you know, last week or so, but it didn't quite get there, but kind of made me a little bit nervous. But yeah, I've got up there and markets tend to always go back to the norm. When it gets out of the norm, it goes back to the norm. The norm on, on this big trend is basically the mid-Bollinger band. That's where the norm is. Okay. So if it gets above the upper Bollinger band too much, too much, most likely at least going to go back to mid-Bollinger band or could possibly even go a lot lower. Right. Okay. It's a, it's kind of a good indicator to tell you kind of where you are. Yes. I kind of use that conjunction with the VIX, which is the next window up from the bottom. Okay. Second window up. I see. Yep. So anyhow, the Bollinger VIX, this is on the weekly timeframe. Anything below 17, which is, I have it all in pink there. Yes. Times when it blows 17. The markets usually in the trending mode. And we've been below kind of 17, you know, generally since about April. And today we're hitting like 12.58 last time I looked at it. We're like, we're hitting new lows. And that's usually, you know, if the market's going down and the VIX is going down, that's not supposed to happen. When the market goes down, the VIX supposed to go up. Right. So if it's going down, that kind of gives you one, referring back to page one, reason why it went long. I noticed that VIX wasn't even going up. Yes. I'm thinking, so that kind of gave me more courage, I guess, to step in that trade yesterday. Which is so cool. Yeah. No, I get it. Yeah. Right. Right. Yeah. Because, you know, if the VIX was going down along with the market, you know, I'm thinking, well, now you know, you got, you know, what's the index, what indicators do you, you rely on? Not all indicators work all the time. That's reason why I personally use a bunch of type different indicators. I like the ones that show panic thoroughly. Right. Because once you start getting panicked, you know, you're at least getting close to a low. It's not that, you know, right? It's hard. If you don't have panic and you're just buying in the market, you're going to just blow yourself up. Right. But I believe you got panic, you know, you're getting close to a low. Yes. So putting out any, you know, with a VIX below 13 now, and so this, I think this correction is over, but what I'm watching right now is how far we're away from the mid-Bollinger ban and where we are right now in the market. So if you get too far from the mid-Bollinger ban and then you start staying above the upper-Bollinger ban for any length of time, you're going to head for trouble. And so I'm kind of watching, I'm thinking if the market was up six days in a row, that predict mark will be higher within, you know, a few more days or so. Yes. So next week could be a decent upmarket. Then after that, you got 4th of July. Well, 4th of July, time frame, a lot of times you can have highs or lows in that time frame. Right. So I'm thinking the next high could be a worthwhile high. And you may see that this summer dog days, I guess you might say, where a consolidation may be starting and we could possibly pull back to 30 to 20 areas. Sometimes, you know, later, you know, in July, maybe August. Right. Because, Tim, so if we got into that up above Bollinger banned and then the trend and tick came in, you know, simultaneously, meaning, you know, that you'd be saying that, okay, hold it, there is a little too much exuberance in here, we might be hitting a high, right? That's kind of how you'd be looking at it, right? Me right now? No, no. No, that was speculating that, you know, it was speculating going forward. Right. Right. Right. You know, last Friday, I forgot how I put it to, I scribed it. I was, there's two things. I remember now, we closed above the mid Bollinger ban on the weekly time frame on Friday. That's easy, not a good sign. And the 10 day average of the trend was down around 0.8. Yes. Yeah. That was showing a little bit too much exuberance on a short term basis. So at least that, what I thought was going to stop the rally and at least flip the sideways and possibly could even have a decline depends how the market reacted following the week, which is this week. Right. We didn't get panicked. Then I thought we maybe, we took a shot at 4.20. We did get panicked. Well, that we're probably just in a minor consolidation, we're probably going to start heading higher again. And with a two day trend adding up around three, we got quite a bit of panic in a short period of time. So I think that's enough fuel for the market to break the recent new highs. Yes. So I think the release going to break above Friday's high and, you know, all high is high. I don't know. Right. Because on the daily too, I mean, you know, like if you look at the spy today, I mean, there's hardly no volume and the spy's already rejected lower price. It's going to have tremendously lighter volume as to what it's going against, you know what I'm saying? So, you know, the right now as we stand, so the spy only has 50 million shares and that's going against 95 million. It's like, okay, really, you know what I mean? We got to 333, 433, 60, and we're 435, 7881. You know what I mean? So I can see that. And it doesn't even look to me. No, we're not. We're not going to do what we did yesterday. We did 76 million shares on the way down, which is still light because we hit at the highs, we're at 114 million, right? Yeah, I get it. Right. Cool. Yeah. Yeah. Yeah. Yeah. The volume, so I always watch how you break new lows. Yesterday, we did, actually, I was comparing the volume instead of the day before yesterday low compared to the day before that. I was comparing volume last Thursday. And we seem to couldn't get through that last Thursday's low. Yeah. No, that's exactly what I'm doing. Same thing. Right. Right. Exactly. Right. And that's, that's over 100 million. Right. So, you know, there's no volume to try to push this thing down. So I'm thinking it's looking good. So I'm going. Okay. So let's stay right there because the next two shots we have folks at gold. And I know we've got a lot of gold metal people out there are going to want to hear this. All right, Tim, to stay with us with that. We'll be right back. Welcome back, folks at Dow. Dow's off 42 and as except 109. S&Ps are up nine. We talked about our members to Tim or we're going to move on to the metals market, folks. So, Tim, I have the third shot up, which is the, you know, the XAU and then the ratio historic lows and then the rate of change. All right. Okay. Let's, let's flip to a chart four. Okay. I have it up. Just as a daily chart. Yes. This is kind of a short-term chart. Anyhow, something kind of unusual is going on here, but you know, the bottom chart is the 18-day average of the up-down volume percent. Oh, no, it's not. Excuse me. It's a 50-day average of the up-down volume percent for GDX. So it is just the up-down volume is for just the GDX stocks. You take a 50-day average. Anyhow, the next chart above that or the next window above that, that's the bottom window, is a 50-day average of the advanced decline for just GDX. Anyhow, the bottom window went back far as it could go, which is basically 2010. And I marked the times when this ratio over this 50-day moving average of the up-down volume, excuse me, got below minus 20. And every time it got below minus 20, the market quick going down and actually flipped sideways, went sideways for several weeks. So according to that indicator, the client's done, but we're not necessarily going to go up because I had blue arrows drawn on the GDX chart. And they flipped sideways for a number of weeks. I didn't go back and count how many weeks, but we may go sideways possibly most of the summer here. Drive everyone crazy, right? Go ahead. I said drive everyone crazy. Yeah, yeah, which is kind of good when everybody gives up, it's time to look to investment. Anyhow, I'm thinking this market's probably, the downtrend's done, but trouble is the uptrend probably not going to start. It's going to flip sideways. Okay. And so the sideways, good sideways bills cause, you know, the old wise cop meant the longer the sideways move, the longer the rally after it gets going. But yeah, they're going to drive people's driving nuts here. What's unusual, every time the bottom window, which is the up-down volume got below minus 20, the next higher window, which is the advanced decline 50 day average also got below minus 20. And I marked that in that red arrow, or the red lines there shows the times when all those had happened. Right. Well, this time around is the first time around that the 50 day average did not get below minus 20. We're sitting around minus 13. I can't quite read it, maybe 15 I think. Okay. Yeah, 15. So what the heck does that mean? Well, it may mean that advanced client lines actually stronger than the up-down volume, and we're still probably setting that a low here, but maybe a stronger low than the previous times I have those red lines indicated there. Yeah. That's my interpretation. Right. Either way, I think we're down going down, not saying we can't go down another percent, but in general, we're probably finding support here. If you look on the GDX chart, there's quite a bit of support around that 30 range, which is that trend line. I got drawn that horizontal red line. It's right around 29, 30 range. Probably want to find support there and just kind of probably go dead for the next several weeks. So anyhow, that's my analysis of the short term. Yes. Now we go to the bigger picture. Okay. Which is back to chart three. Okay. In the middle window, the middle window is a monthly silver-gold ratio. Yes. And this chart goes back far as I could go, which is like 1983 or something. Okay. But what it did notice here, back in 1991 and 93, the ratio hit a bottom in this region pretty close where we're at right now. And we hit it back in 2020 and we hit it back in August of 2022. So historically speaking, this ratio is extremely cheap on a bigger time frame. So historically, we were bottoming, I'll have that trend line drawn, but to look at the 2003 low and the 2009 low and the 2010 low all happen around, looks like about 0.013 on that ratio to the right. And then what we broke down to, we're back at the 92 lows far as the ratios go. So to me, that's pretty important. You go back to where the ratios historically down lows and it made a double low back then and we're making a double low, even though it's over a couple of years now. So I'm thinking something important could be happening. And I do a lot of stuff with momentum. And so I use, you know, RSI is common when the rate of change is another momentum indicator than percent B, which kind of measures where the stock is, whereas compared to the Bollinger bands. And when you get down below zero, means you're hitting below the Bollinger band on that particular issue. So you only need two of the three, but you got two of the three momentum indicators hitting a low here back in August of 2022. So that was the bottom of last year and we've been basically going up. I measured the times, how long we've gone up after those particular bicycles going back to 1985. And they're all at least one year. And we've been going up for not even a year yet. August will be the year, but that'd be the minimum we go up. Right. And the previous, the previous signals have generated at least gone up 100%. Well, one went up 95%. But all the others at least 100% or more. So to get 100%, we should go back about 180 on the, this is the XAU. So we started out about 90 to 100%. You should be about 180. And at least, you know, a year. So I'm thinking not a certain base may flip sideways. And, but we're not at a top. I think that the rally may start in August. And I think most powerful point of it where Tom's, you know, probably later this year going into next year. So I'm starting to, I'm thinking. Yeah. You know, it's so interesting too, Tim, is that I've been watching like Barrick Gold, right? So Barrick, you know, is trading 1634 right now. It came all the way back to its sign of strength off the bottom for March 10th. Now, this is what it did. We came off that bottom and the first day it came off with 22 million. The second day was 37. Well, yesterday we rejected that with 13. And even though Gold's still getting smoked today, Barrick's up 20 cents. And then Newmont is the same deal. Meaning that, because if you take the GDX or the XAU, the HUI, see if you just take Newmont and Barrick, they're at 19 percent, man. Newmont's 10.3 percent of the weighting and Barrick is 8.6. So I can see what you're saying, man. And it's so intriguing because I can, you know, on the Gold contract, it looks like it wants to go to 1902. But on the continuous contract, we already hit 1912. So it's like, okay, man, you know, this is going to get interesting, man. Yeah. I don't have a short tone, but I watch also the XAU to Gold ratio. Yes. And if you look at that ratio, we've gone virtually nowhere since 2000. I don't have that thing in front of me. It's been years. It hasn't gone nowhere. Well, listen, I think we're going to break out of that. Yeah, it's always a pleasure, Tim. Have you back next Thursday, man. You have a great week and a safe week. Okay. All right. Thank you. Thank you. See you later, man. Stay right there, folks. We'll come right back.