 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. Hey, Robert, how you doing, man? Yes, thank you for taking my call. I wanted to let you know that I've been a subscriber for a couple of years, just different members of your team and I really enjoy it. But really the reason I'm calling is to express my sincerest gratitude for you providing that information yesterday on the small business grants. I'm a small business owner, primary breadwinner for my family and if I can get that money it's going to really lead a lot to my family. So thank you for taking the time to do that. No, listen man, we appreciate you growling and prowling with us. Now, Tom O'Brien. What's going on guys? This is Jacob Schup filling in for Tom O'Brien. I believe he'll be back tomorrow. Let's take a look at what we have going on in the markets today. The ESMini up about 1.06%, the Russell down slightly. NQ's up 1.3, the YM up 0.7%. Gold, we're seeing just a little bit of a pull down back in gold, but of course we have seen this meteoric rise in gold over the past month, I would say. Well, beginning March. One miner that's super interesting to look at. Now, Harmony's down a little bit, but I mean this has been, you know, from around this time period, something like a 48% rise. It's nuts, right? I mean, this is actually going back more into like December and stuff like that, but this has done so well over a certain holding period that we've had. Really impressive to see some of the gold mining stocks do well. New Mont, now we are down again today, but again, I remember we were talking a little bit, we had a caller come in right around this level. Again, this is on some lower volume coming down. And then we just shot back up. So it's good for the gold guys at the time being, of course, we're going to have Tim Ord on a little later today, and I'm sure he'll have plenty to say about where gold is going. Of course, him and Tom were calling. This kind of move up in gold for quite a while, and we saw it. I mean, that's pretty nice. I mean, check this out, like all-time highs on this thing, just right under that 2200 level. Silver itself not doing as attractively, just off about 1.68% right now. Still around that 2430 level copper right under $4 on the contract. Crude. Crude's getting locked out around this level at $77.69. This is nice. Everything that we're looking at today, it's important to look into the context of the CPI that had come out. And we'll take a look at that in a second here. This was the commodity that I was worried about. Right? And now, of course, this is volatile, so it's not part of core CPI. And I was concerned that we were going to see increases in oil prices. Right? And we really had seen these guys stick around these low 70s, and then to shoot up, and we've stayed pretty consolidated in this 77.68 area. And we're actually a little bit lower today as well. We can talk a little bit about why that's getting locked. But first, let's look at CPI. Again, this is the CPI was a little bit higher, right? But the context of all this is not for May cuts, right? Obviously not for March cuts, because we're already into March. But believe the market had really been looking at a June cut, right? And some of this stuff with CPI was not bad looking forward towards that. Okay? So let's take a look at food, unchanged, massive, right? This is pretty good. Food away from home, about the same. Let's take a look here. Energy commodities, obviously up, right? This is a little bit what I was concerned about with it of 3.6. However, this is down on the 12 months adjusted. Let me take a look at medical care services. So down slightly for this, which is positive transportation up minorly. So, I mean, this is pretty good news, right? Owner's equivalent rose only 0.4% on the month. That was down from 0.6%. In January, you know, this is all decent stuff, right? If we're looking for a June rate cut, okay? And if we can maintain this kind of tight, you know, kind of program that we're on, and we see inflation that not being as bad month over month will be in a good situation. And again, I think that's a lot of what this pricing in is doing. And of course, if we get any rate cut, we're going to be looking at rate decreases, you know, we're off to the races as Tom says. Quite interesting. Let's take a look at Tesla 17880. They have some issues. They're autopilot along with some of their competitors had been tested by some body and they were received poor ratings for all of it. Of course, this is in its nascent stage. And I am sure we will see this technology get better as we go on. But additionally, you're having a lot of competitors coming out of China with this. And I think we'll see that become an issue for them in the coming years. And Tesla is the best boys, to my opinion, to combat these new Chinese EVs that are about to be hitting like Europe and probably to some extent America, unless we have some kind of tariff on them or embargo against it. But even Tesla themselves are saying they're worried about it, right? So I mean, what does that kind of say for the rest of the industry? Steel Dynamics 131, of course, some pretty volatile movements. Up to $13770, again, great. Dollar has been down. It cracked that 104 to 105 area. And we are at 102.97. Of course, we are up a little bit right now, but not a big deal. And the Qs up 1.34%, 440, 325. I mean, even when you get some hot CPI, right, I mean, you still have the, I mean, obviously the Qs are up today, right? Our futures are up. The Russell just is doing Russell things. But the NQ is up and the Dow futures. So you know, I think the market is pretty confident that we'll see a rate cut coming pretty soon. Give me one second to get my timer up. All right, let's take a look at some stories. This is what I wanted to say regarding Tesla. Oh, also, I want to say too, because I just dealt with this beforehand. And this is just an off thing. But we talk to some people from TD Ameritrade, which is now Schwab Network. And we use Thinkorswim here. I was having some issues logging into Thinkorswim. It wasn't recognizing anything, even when I went to reset my password. So I was talking to the guy, what happens? I guess sometimes it just became, my account name became locked because I logged in at too many different places. So if you're experiencing that, it is a pretty simple fix. You just got to know what to ask for. Anyways, I thought I was going to have a day without a training platform. I was going to figure out how I was going to do that. All right, let's take a look here. Tesla's autopilot and full self-driving technology and nine other assisted driving systems marketed by major automakers received poor ratings from the US Insurance Institute of Highway Safety in a new study released on Tuesday. The IHS, Safety Research Armored the Insurance Industry, also said there was no evidence that the autopilot or other assisted driving systems have real-world safety benefits based on crash data. I would be really interested to see that crash data. Like is it how much of the autopilot was at fault regarding that? Yeah, I know there are some stories around what GM was trying to do in California and they had some situations. But I believe the major one, which is the car hitting a pedestrian, the pedestrian actually was drunk and fell into the car. So I'd be interested to see how much of these autopilots were actually really at fault for it. We're able to look at insurance claims data. We have been able to look at vehicles with and without these systems and determine there is no reduction in claims as a result of these more advanced systems. And really, by comparison, there's evidence that automatic emergency braking system cut rear-end collisions by 50% and cut incidents. I have that on my car and it is grading, but it does work. Anyways, folks, stay tuned. We'll be right back. We have Basil Chapman on with us next. 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. 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Welcome back, folks. This is Jacob Schrupp, filling in for Tom O'Brien. I want you guys to take a look at this over here. I'll give you a second. All right, it is up. This is the opening call newsletter by Basil Chapman. Okay? We talk with Basil during this hour every Tuesday and he gives us a little oversight of what he's doing, very, very accurate technical work. Now, what is different about this week is that March 19th, so that's going to be next Tuesday, Basil is having a live subscriber webinar. Okay? So this is 90 minutes long. This is for all subscribers of the opening call newsletter. Okay? So you don't have to pay anything extra. And this is from 4 o'clock to 5.30 p.m. Eastern time. He's going to be going over everything that you're going to need, the technical tools for the next few months. Okay? Critical 9x14 moving average cross over the weekly Chapman wave buy mode, sector rotation, stock selection. Check this out. And I'll let Basil kind of explain the rest there. Basil, how are you doing? Hi, I'm doing well. How are you doing? I'm doing well. I'm doing well. What are we taking a look at right now? I know this market is taking quite a turn almost from where we were a few months ago. Yeah, this is very important because within the context of, well, let me just go to what I'll be discussing on Tuesday. One of the technical tools that I've used forever is the 9x14 crossover. That means the nine-period exponential moving average when it crosses positive. Let me just go to this chart right here and show you what I'm talking about. When it crosses positive, and you can see these three lines here is made up. This is on the right. It's a gray line. It's the current Dow price. It's a daily chart. There was a low made October the 27th in the Dow. And a few days later, it went from pink. You see this little line here? This pink line went to green. And ever since then, that's November the 3rd, I believe it was. And November the 2nd. So November the 3rd was already green. And this is now, so it's November, December, January, all of February and part of March. And this one technical tool has been able to keep this price positive. Even when it turned down quite sharply back in mid-January and on the 17th just quite sharply, that nine-period moving average held. And it remained green. And even here, and I have to say that in the long term, we've got a number of positions that are along the Dow for a couple of years now actually. And even from 2022, the low that was made in October. But on a very short-term basis, because it looks so much like this chart right here, that the green line-period moving average was about to flip negative, which would be the first time, as I say, since it crossed positive back in November, it flipped to positive. And even today it started to look weak and then it came back strongly. So this is the one tool. Now, we do have a very short-term, short position on the Dow. So far, that's still active. And what's very important here is that if you look at this one technical tool, which I'll be explaining and going through with different charts on Tuesday the 19th, is that the distance, SPX.X, the distance above the line is so important you can see on this is the chart. As we're looking at it right now, the S&P's are 57 to 5175. And it's above the green nine-period moving average and above the black-period moving average. And here again, although we are looking out the weekly charts, we are very positive on a short-term anticipating some kind of a pullback. So we've actually implemented a small short position. This is just as a trade. But that green-period moving average is not much, it's been absolutely beautiful. Look at the QQQ, that's the NDX100. And it's the same thing. This was a little more detailed because you actually get the candles as the QQQs on balance volume. It's been pulling back as a divergence here. So you're not quite getting the volume flow through in the NDX100. So the nine-period moving average is still positive. There was a moment in January where for a day it flipped to pink. Other than that, from the low that was made back in October the 26th, this one indicator has kept the price above the nine-period moving average except for those two days, different days. But you can see it's getting closer and closer to the nine-period moving average. It's getting closer to the black line. That's the 14-period moving average. If it turns pink, we can anticipate we've got some kind of a sell on the daily chart. We've got some kind of a selling phase going on. And we'll see how that implements the weekly chart. So that's one thing. Then I talk about the chamber wave notation. And when we get buy modes, what does that mean? Well, in this particular instance, look, going back to the Dow, the Dow is still above the nine-period exponential moving average in the weekly chart and the daily. But look at the weekly chart, how strong that is. And it's in leg B. In the chamber wave methodology, once you get a buy signal, that gets upgraded to a buy mode, which the weekly is, it should go to at least four higher peaks. That's alphabetized. That's peak A. Next one's peak B. Next higher peak is C. And then D. It can go E, F, and G. But D is your objective in a buy mode. So the long-term is still very positive for the Dow weekly. And the monthly chart is only in leg C. So I'm just explaining, these are the different technical tools that I use. These are core tools. And I'll be going through them in great detail. Then another thing I talk about is round numbers. Now, this is the number, the number of round numbers. The round number is, let me just give you an example. I thought I'd grab this just on the spur of the moment. Nvidia. Everyone's talking about Nvidia. Nvidia made an all-time high three days ago. What did it do when it made the all-time high? It hit a round number. 974.00. It had a quick pullback. There were a bunch of round numbers, and it made an 871 low the other day yesterday. And today, it's got a 912 round number. 912.00 round number. I mean, I've just, the only time I've ever seen it in not these numbers, but in great numbers, was back in the crash of, October the 19th, 1987. And that day, I said, I've never seen such round numbers, and that was the signal for a major buy signal, but that was on the way down. So I'm watching this very closely because I want you to do another one, ARM. This is arm holdings. Made about two and a half, three weeks ago, it made a round number high of 164.00 on the 12th of February. Here it is at 128. In all this time, it hasn't been able to surpass that. So I'll be talking about round numbers, what the usual implication is, and what this huge cluster will be, which I'll do over this weekend, I'll try to do a study on this because I've never seen so many, even, what was it, Costco, I believe. Yeah, Costco makes an all-time high. And very soon after that, the day before it makes a 775, it opens at a round number. So my thinking here is that these round numbers, especially when they're at the open, it's like fear of missing out. Someone wants it so desperately, they just, because you can go through chart after chart and you won't find the round numbers. So that's one thing that I'm looking at. What's the implication? And I'll be looking at sector rotation. We've already seen that the semis are getting pretty overboard. Everywhere you measure them, we'll be looking at gold aside to move, some of the commodities aside to move. So I'll be looking at the rotation, where we can go. I like Bank of America, we still have, so the finance is just doing well. Fantastic. So that's what's gonna evolve. Awesome. And I'll talk about this when we get back from the break, but Basil, thank you so much for joining us. That was fantastic. I cannot wait for it. Stay right there, folks. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at tfnn.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman and your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. tfnn.com, educating investors. Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his Mastering Probability Newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. 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The last segment we had, we were talking with Basil Chapman. Again, if you're, if you've never subscribed to the opening call newsletter, you get a 30 day money back guarantee. If for whatever reason it doesn't fit with your style or whatnot. But again, I will say that this is super accessible for first time traders, excuse me, first time subscribers. If you're just getting into trading, do it. If you've been in trading for a long time, you should do it. And come check out this webinar. And Basil is so good at this, right? Doing these, excuse me, doing these webinars for subscribers. So again, check this out. The nine-four team moving average is the weekly Chapman wave buy mode, severing the rare flood of round numbers, what he just talked about. So check the archive later. If you didn't see that, next rotation stock selection, live question and answers, come check it out. Now, let's change a little bit here. We have someone else on the line. This is one of my favorite guests that we have on. This is Tim Ord of the Ord-Oracle.com. I've been filling in for Tom a lot over the past month or two. And I've gotten to speak with him quite a bit. And it is just, it is so in-depth and amazing, his analysis, right? And he's been calling this bullish move in gold and we have seen gold just make some stellar movements. So has Tom in his Gold Report newsletter. Again, check that out. But we are with Tim right now. Tim, are you there? Yeah, I'm here. So thanks for having me on again. Absolutely. Thank you for coming on, Tim. I really, I look forward to this. So I'm interested to see what you have for us today. All right. We'll start in chart one. Perfect. We'll take a look at the bigger picture. And it's just a simple chart. Chart one is the SPX going back to 2016. I keep kind of showing this chart. But you start off the bigger time frames, show where you are in the bigger time frames. And we'll kind of drop back, go down to the weekly. We'll go down to the daily and try to figure out exactly what Mark's going to do on the short term basis on the bigger time frames. We may stall here a little bit. Well, the reason why I circled the times when the monthly SPX, 50% of that trading range closes above the upper Bollinger Band. And so all those red circles there are times when at least 50% of the trading range for that month closed above the mid-Bollinger Band. And normally when that happens, you get a little stalled market. Sometimes it's just a minor stall for maybe a month. And sometimes they call big declines like back in October of 2000, or that would have been probably January of 2020 right before the March crash. But anyhow, if you notice, the month of February did close above the upper Bollinger Band by 50%. And I got two circles there, they're kind of thick circles. And I'm thinking that the previous time, back in 2021, I got a circle there, it's probably going to be similar to that. Because this market's not really set up, have a big decline. We're probably in a trending market, probably similar to that 2021, looks like about January. Time frame looks about that, right? Where the market kept trending up. I think in this month, we're open and closed, probably pretty close to the same level, even though we're about halfway done with the month. And the market acts we're long. And I may be a seller before the week is out. But we are hitting a new high here, but I don't think that high is going to last. I think he's going to pull back. So I think the month of March, even though we're up decently, I don't think we're going to end up this high before the month is out. But on a bigger time frame, I think it's just kind of a stalled market. March is pretty much the sideways. And then from there, I think April is going to be up, March is going to be up. But over the next 30 days, I think it's going to be kind of a trading-range market, but not any deep decline of any consequence. So if you're a short-term trader, we're still long. I think I'll be long, probably until maybe 30 or Friday this week. Then I may pull the trigger and get out. But I'll flip to chart two real quick. Sure. And you know what's so good as I'm flipping to chart two? With these minor pullbacks, it's just good to get in at that time. Obviously, it's a longer-term play, but I love seeing those little pullbacks. So we're on chart two right now. Yeah, we just pulled back. I actually got long last Friday. There's a couple of different reasons. This week is the strongest eighth. Seasonally-wise, it's the strongest week of the 52 weeks of the year. And ironically, next week is the ninth weakest week of the year. And the seasonally work out pretty good, but I need other confirmation, because I won't just go off of seasonally alone, because you're kind of shooting in the dark. So I'm thinking March is going to be just a sideways month. But anyhow, let's go to chart two. And this gives me a little confidence that any pullback should be minor. Anyhow, I've got some bunch of stuff. But this is the weekly SPX, going back to 2008 or 2009. But what I want to point out, this is a weekly chart. And the top window is the RFI for the weekly SPX. And normally, when the RFI gets up around 80 to 85, it's never the final high. You have minor pullbacks, which I think is going to happen in March, kind of sideways month. But it's never the final high. So this gives me confidence that if we do pullback here later this month or beginning of 1st April, I'll probably be a buyer. And one of the reasons why is because this chart did hit 80 as I did the chart today. Yesterday, we closed at 77.91. Well, it's not quite 80, but it's close enough. I mean, this is not exact science. It has to be 80. And it can't be over 85. But anywhere from 88 to probably 86 is legitimate. But we're hitting right smack at the 80 level right now on a weekly time frame. And we may hit 80 this week if the market holds up, which I think it will. So we may, but anyhow, this chart, again, once you hit between 80, 85, it's never the last or the final high. Most have minor pullbacks, but normally a head higher. So we're probably in a trending mark is what this says. Because that's the only time when this indicator hits 80. And all the red lines I have drawn back, it didn't happen every, you know, a lot. But when it does, it's worth noting. So those little circles on the chart are the times when this RSI on the weekly time frame hit 80. So when it happens, you know, it goes several years. Sometimes we don't get a RSI 80 on a weekly chart. So it's pretty rare. And but the times it has did it, the market in general just kept marching higher. So I'm thinking we're in a kind of a march up type period here. So I guess we're getting close to a break, aren't we? Yeah, we get about eight seconds left. So we can switch to chart three a little bit. All right, the chart three, this is the daily RSI. And there we are without the break. Yeah, let's hold this for the next break. Cause I think this deserves, you know, a full thing. Folks, stay tuned. We'll be right back with Tim Ord of the Ord Oracle. 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. 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TFNN, educating investors. TFNN has launched the Tiger's Den. Hosted at Discord, TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours, 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 NYSC American and TSX under the symbol VGZ. Welcome back folks. We are with Tim Ord of the Ord Oracle that is Ord-Oracle.com. Tim, I think we were talking about the weekly RSI. This is chart three before we went to break. Actually, that was chart two. Oh, excuse me, okay. Which is the weekly RSI hitting the 80 to 85 area. Then we flipped to chart three. Perfect. And it's the same story. And so you got the weekly and you got the daily, both RSI. So you got a lot, these type of readings, especially when you get the weekly and daily back, both hit and 80, that's a momentum market. And so you're dealing with a momentum market. And I listed all those times when the RSI on the daily going back, I don't know, quite a few years. But a lot of times that shows up about the midpoint of the move. And the RSI on the daily, I think it was around December, it's not early January, the 80 RSI hit for the daily. So in general, you can do a little bit of a gauge here. You're probably gonna run all the way into July before the market actually starts breaking up a little bit and create a larger consolidation. But between now and July, what are you gonna have? Maybe at most a 3% pullback, which I don't think we'll even get that, but you'll have some pullback weeks, but nothing significant, even like March, I think there could be a sideways market here for the month of March, but you're not gonna find a 5% or 10% pullback in this type of environment because momentum kind of rules all indicators. If market pulls back, it turns around, it goes right back up. And that's what's probably gonna keep happening here until July, so. But moving on, so we've got momentum market, so what's that mean right now? Well, let's put to chart four. Okay, let me get it up. Perfect. Perfect. Are you there? Oh yeah, we're good to go. All right, chart four, the top window is a 10-day trend of the arms index. And it goes back about almost two years or close to it. But anyhow, I marked the times when the 10-day trend gets below 0.9, and all those little tan areas and actually, yeah, the tan areas are times when the 10-day trend gets below 0.9, and when the two-day trend gets down below 0.5, you're also gonna have some short term highs, but we're 0.92 right now, and the market's rallying, and it may rally the rest of this week. I think the most powerful point of seasonally is actually tomorrow and Thursday for, so whatever's going on right now is probably gonna continue for at least the next two days, and Friday is kind of a toss-up, but the next week is probably down. But this is one of the clues that's gonna give you that when you get down below 0.9, you're probably gonna do for consolidation. Sometimes there are decent consolidations, but most of the time it's just kind of a time-out and an uptrend, so next week is down probably. This 10-day trend hitting below 0.9 is a warning sign. It kind of helps me with the seasonality, telling that, yeah, probably next week could be a down week, so this kind of tells me, sports that idea. So let's flip to chart five. We're gonna break it down even more here. So the 10-day trend's not there yet, 0.92, but it's probably close enough, because these numbers are not set in stone. Sometimes 0.92 is the exact number. Sometimes it has to get down to 0.88 or whatever, but 0.9 range is a danger range. So we're there pretty much right there, but this chart is the middle window is the SBX tilt ratio on the daily timeframe. So this is using racial analysis now, so you're comparing the SBX market to the bond market. And so what happens here is one is going up against the other too fast or going down too fast. It creates an RFI surge where they're up or down. And the 10-day RFI for the SBX tilt ratio seems to work the best. So it's a two-week type RFI, not a 14-day, but a 10-day, so it's two-week RFI. But if you notice, we had some minor pullbacks here. If you go down to all those blue lines are times when the RFI hit above 70 and the red lines are when the RFI hit below 30. So if you notice it works pretty well. Matter of fact, back in December of 2024, we're testing the highs of August of 2023. And that was one of the reasons why I was kind of bullish here because the RFI of that SBX tilt ratio was below 30. So that was a bullish sign back in December of 2023. So we kind of rallied up and we got a couple of blue lines here. And there were just minor pullbacks that lasted maybe a week, week and a half. Nothing too major. And right now the RFI for this ratio is coming in 59. So, but right now the market's rallying. So if the SPX keeps rallying like it is, this is earlier in the day when the SPX was pretty much flat. I mean, it was up a little bit, but not much. And so I'm thinking this RFI 10 for this SBX tilt ratio is going to get back up to 70, probably before this week is out. That'd be quite a bit of evidence, I guess, that yeah, we're probably going into a short-term high we could do for a week or week, maybe two weeks of a consolidation, nothing real significant, but we're not there yet. So right now it's, I think it was still clear that the market can move higher on a short-term basis. So I'm kind of putting the cart in front of the horse here a little bit because I'm anticipating some of these indicators to work out, but we'll have to wait and see if it does work out. But I'm thinking for the weeks out, we're probably going to see somewhere sort of high this week. So on Thursday, when we're back on the air, I bet we're back up around that 70 range. I'll put this chart in the bin, so we'll bring it back up and see where we are. Also at our short-term basis here, I'm still bullish. So we can go to chart six, we got time. Yeah, we have about a minute and a half left and then just about two minutes on the last break if you want to stay for that to call chart seven, so. Okay, okay, this chart is kind of a short-term anyhow, the bottom window is the GDX 18-day average of GDX advanced decline. Next higher window is GDX up-down volume with an 18-day average. And I want to point out in this chart, when this chart gets up to plus 40 on both those indicators, that marked the times going back to 2014, that happened. A lot of times they happen in the surge market, so that's a blue line. So it happened five times going back, so it's pretty rare going back to 2014 happened five times. So when it does happen, it's not like once a year or twice a year, it's one every year, a couple of three years. But when it does happen, if you get a surge in advanced decline and up-down volume, it's usually the beginning, oops, okay, I hear the music. Yeah, just stay right there, like I said, it'll be like three minutes on the last break, Tim, but I would like to hear the end of this if you got it. Because the GDX is showing right now. So, folks, stay right there, we're gonna do a quick wrap-up with Tim, or when we get back from the break. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. 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That's why each of our market experts offers their very own market newsletter. A must-have tool for every trader out there striving to find an edge in today's markets, tfnn newsletters cover every aspect of the markets so you can analyze the market before you trade. Try any of our great newsletters risk-free with our 30-day money-back guarantee. Just visit the newsletters tab on the front page of tfnn.com. tfnn, educating investors. Don't forget, you can listen to tfnn live on your mobile device 24 hours per day. Go to tfnn.com and hit Watch Tiger TV. That's tfnn.com and hit Watch Tiger TV. Welcome back, folks. We're with Tim Ord of the Ord Oracle. We've got about two and a half minutes left, and, Tim, I would love to hear some closing thoughts on the GDX and just golden general here. All right. What I want is, you know, the markets just really took off like a banshee over the last week or so. Market, I think, is up to seven, eight days in a row. We're consolidating today. But I want these two indicators, the bottom two window, the 18-day average, up-down volume, advanced client indicators, 18-day average to hit above plus 40. We did it five times last, going back to 2016. The time that didn't work was last April. We got up to plus 40 on both indicators. And normally, you serve higher for another at least two months, if not six months. So we got one failure, but the other four worked. So we got an 80% chance that we do get to plus 140 that the market will surge for another two months to six months. And I'm hoping that happens. I think at May, just the way we came off this bottom, because the market on GDX just went vertical, and you get something like that. Normally, you get a consolidation and you get another vertical coming. And we do get that another vertical coming. We get to plus 40. That opens the door, probably a rally all the way into July. That's one thing that's probably gonna happen. Now, if that happens, we go to chart seven real quick. Okay. This is the whole key to the market. You want the strong market. The bottom window is a cumulative advanced decline and the top window is a cumulative up-down volume. You need both those indicators to get above the mid-bollinger band. And I marked the times in the past when you're above the mid-bollinger band is blue. When you're below the mid-mollinger band, it's a red line. We've been below the mid-bollinger band going back to 2021. So we really haven't been in a bull market yet part of the market. We've been in basically a bear market in 2021. We need to close above the mid-bollinger band. And for that to happen, we need the up-down volume advanced decline to indicate your source of surge of strength here. And that's what I think that could be setting up. Tim, thank you so much. That was a fantastic analysis as always. And guys, that is Tim Ord of the Ord Oracle. That is Ord-Oracle.com. Tim, thank you so much. And we're gonna hear from you Thursday. Great, talk to you Thursday. Thanks a lot. Take care now. Folks, thank you so much for listening. I'm just grateful for Tom again and being with you all. We have a great rest of your day. We got Tommy on tomorrow at 9 a.m. Then Basil, Steve, Larry, and then the Tom O'Brien Show. Take care.