 Let's get over to our members to Tim orders We have do every Tuesday and Thursday folks and don't forget you can reach Tim every trading day at odd hyphen oracle calm That's odd hyphen oracle calm Tim ord. What's going on, brother? Well, we can take a look at the market everybody got a little nervous yesterday and Actually, yes, I flipped to a chart for it. Can we do that? We certainly can yeah got one second Let me just count these for a second. So I got one two three four There's four right now. Okay. I got it. Yeah, it should be the S&P's and The bottom window is a five-day average. Yes the arms index. Yep And next one next one higher is the 10-day average. Yes. Well Yeah, I on the show we talked about panic. It's oh, yeah, you don't have to yeah If you don't have panic, you don't have a bottom, right? So this market if when the market backed off yesterday and that trend didn't go up That would have been a bearish sign because usually you don't start off with High down to our high trend readings off of the top usually that comes closer to a bottom, right? But I want to point out yesterday was the trend closed at least on Thinkorswim or yeah, I think her as I think a swim is 3.28 and You get two days of trend reading of that at up to four and yesterday was I think was three point nine seven Right at four is usually a bottom that day. Isn't that amazing? I know you know, I said funny Tim is that I get three point six nine yesterday as a close-up. I know that was insane That was like Right you want that you want to you know, you get these little blurbs off the highs and everybody runs through the exit door That's really a good sign That you're making a bottom, but you know that the five day and ten day look at a bigger window Yes, five days a week and the and the ten day is two weeks So, you know if those both those five days ten days they were around neutral like round one Then then possibly you get some more decline going but it's not the case. You got a five day of 1.4 on average So anything above 1.4 and five days is bullish and anything on a ten-day average of 1.2 or higher is Bullation yesterday. We had one point one nine So we had enough panic Oh, you thought a short term basis to say we're probably at a low and also we're in enter into the the Christmas rally here, right? So, no, I mean, you don't get you know, you can I guess but most of time Through Christmas at best you get sideways that are not best But no that's it advance that at work you get a sideways market, but using not a decline I couldn't wait to talk to you and I also, you know I don't know I didn't see a chart that you have the summation index, but I was surprised how fast the summation index actually went up, too They just stay right there Tim and I are gonna be coming right back folks We have the Dow Industrial is up 204 and Aztec went up 145 S&Ps are up 30. We're coming right back folks Welcome back folks that Tim or Tom or Brian We do appreciate the growl and a problem and if folks if you want to get Tim's newsletter folks Just go over to odd-oracle.com. That's odd-oracle.com We get the Dow up 259 Aztecs up 164 S&Ps up 37 And since we just started this program of running this S&P folks, it's just it's up 17 points and Yeah in 20 minutes Okay, Tim. I got this baby up here All right number two. Okay number two chart to yes, sir Just give me one second. I got I haven't okay That's the summation index. I know you think that's important in which it is. That's reason why I put it in here Yes, so we've kind of been watching I've been putting it on my market letter over, you know, because we're getting close. I know I Just rephrase anyhow, but summation index For intermediate term bottom to form the summation next needs to go below minus 700 that happened on October 27 Yep, 2023 just a couple months ago and it has to rally to plus 1,000 in around two months It's gonna be two right two months one day. Yeah, but it needs to be around two months and And right so two months from October 27th is December 27th So as of yesterday now today, we got a three-to-one it over a three-to-one to advance decline so there's three there's There's the three-to-one to the upside there's three times more advanced use declining issues So but yesterday's clothes came in round off numbers of 439 So we're about a hundred and you know 60 points short of the 1,000 level when you say 439 wasn't it wasn't it like eight eight eight something right? We got 834 or something yesterday yesterday was 825 Now we're 839 even with okay good. Okay, so we're 839. That's my point right. Okay, cool. Okay. Nice, right? So, you know yesterday's client. We still gained a little bit of hangers 824. That's amazing It's amazing to gained anything yesterday. Yeah, pretty cool man. Okay. That's good. That's getting there man. Okay, right? Now tomorrow or today's reading since you got about three to one to advance You're probably gonna be in the yeah, right at 900 or close to it, right? So then we got Well tomorrow the well, yeah, it's Friday then the next what's the next Thursday or fry We you know, so we got about five days before we had enough time to do it. Yeah So there's my point is there's a really good chance. We're gonna get to plus 1,000 here within the next week Providing the market doesn't crash between now and and next week So if it holds steady if not move higher then most likely will hit plus 1,000 What that means all those the red lines on this or the blue lines on this chart When you had the selling climax in the summation index And the red line is when that had a sign of strength which is plus 1,000 on the summation index if you notice They all were produced major rallies. It's not a minor rally, but major rallies We had one in 2022 and now we're getting another one, you know about a year later And you know and so what that bodes well is 2024 If we get to plus 1,000, there's probably I don't know 89% chance Next year will be an up here and probably a pretty good up here at least double digits Uh, because previous times when this happened usually one up double digits. So It bodes well for next year. Thanks. So yeah, so it looks pretty good Um, let's see what else we got. Yeah, let me ask that we get a question Tim Okay, this is kind of cool because Folks are really starting to understand your ratios right now And what the question is is that you know the early wanting ratio about the the vix versus the tlt and the um The s and p Remember that in july how that's not coming down. Where is that right now? I was with the pullback we had in a versions, but To get a really a Very short-term diverge like a day or two, but really get a divergence going. Yeah, you would need the market From you know to go higher than the previous high. We had a couple of days ago If the big doesn't go back down again, yeah, and that You know if it stays high or it'll start to diverge And that would could be worn for a january possibility. You know, we'll probably Say that we did make a low yesterday We're in the process of making a low in this infinity right now Yes, say we bounce around in here for a three or four days and finally we get a rally And say we hit new highs on the s and p's right and the vix fails to make a new low Then that divergence starts showing up cool right now You don't have a divergence of any consequence other than a mile consolidation So what's that saying right now is it's no divergence, but it's not positive. It's not negative It depends on the how the the market goes on the potential which I think will break to new highs here Um, probably not this week and maybe that's awesome that next week But you know, maybe in january we may hit new high And and then or we may get a consolidation, right? Yeah, and dan thanks for that question because that's a great question, man I like it because yeah, that was a great question six months ago. They didn't know what that was I know man i'm psyched i'm i'm telling you because particularly because what we're talking about folks is that when tim You know, it's a picture something right? We're using these ratios. Okay to give us more Information inside of the marketplace. Okay, whether it's the highs or lows right and you know We've seen this chart and and when tim got out of the market in july you could see that divergence was there And I can tell you when I was asking that question to you tim I felt like the divergence was already going to be there Because I even in my head had that wrong and I get now what has to happen because because we weren't going to another high And the vix is going up, but that's when that divergence takes place. Would that be correct? Right? Awesome, man. Okay, cool. We have to hit another high. Yep. That divergence may show up then. Yep. Nice, man I like it chance, but that's a good point. So let's go to chart number three. Okay Uh, the only reason I'm bringing this up is, you know, well, we hit a new high Well, here's the chart that probably gives you the odds of that happening The top window is the uh, just the rsi 14 Every time the rsi Got to plus 80 which uh two days ago right before that had that we had a decline What today today thursday monday or tuesday, I didn't write now, but we had over 80 80 81.13 I think it was I think it was Monday Tuesday. That was the rsi Historically when you hit you get to the 80 range on our odds on a daily rsi That's never the final high. Okay. So yeah, the probabilities of hitting a higher high Uh over the next week or two is like Uh, I don't have the percentages, but it's a high 90s up for it that way You know, it's so cool. You know, it's so cool about that to tim is that fousal Chapman, right? He he uses that a lot and he always talks about that when people say that hey, man when the rsi is 70 80 It's bad. He's saying man. I'm telling you man I've seen it up there and when it's up there that's just saying you're gonna go higher So it's that's pretty cool, man because the amount of people that think that that's a problem Is like 90 percent versus what actually happens. Do you know what I'm saying? Which is yeah, well, it's actually, you know, if you get to 80 There's a lot of momentum behind the market and minimum momentum Kind of rolls the market. You know, it's it's it's got that much energy to push that higher Now the next time you go up, you know, you may not get 80 you may get 70 and 70 After an 80s, you can't be problematic and that's all those shaded areas on this chart So but that could be you know weeks away. I don't know which is cool to know We are going to hit a higher high You know, maybe not this week. Maybe not next week, but now, you know, maybe first part of january And that's where everything is going to come together. You know, well, we get it verges in the sdx Racial, maybe maybe not. We'll have to wait to see so stay stay right there for a second This s and b the s and b just went up another 10 folks for it. I'm fought Tim or Tom O'Brien. We're gonna be coming right back Sarah there folks Welcome back folks Tim or Tom O'Brien. We do appreciate your growling problem with us We have the Dow industrials right now trading up 294. We get the nasa cup 173 s and peas are up 41 You know, Tim, you know, it's pretty wild man. Is that you know, we've been On here now, maybe about what four or five, maybe six months man. Oh my god. I can't believe how fast time goes And yeah, it's fun, isn't it? It is awesome, man, and I'm learning so much and I really appreciate it, man And and it seems, you know, like even the last couple pullbacks, right Were very fast And they were over very quickly. Okay And then this deal yesterday Is like a one day deal now, you know, if you remember, I've been talking to you about these one day options, right? These zero day options supposedly what actually happened is that it was a lot. It was a large trade I know it was a large trade because I pulled it up in the Bloomberg. It's two different trades One was a forty seven fifty five and one was a forty seven sixty five inside the option market, right That they they pushed out the seven thousand contracts The thing that's amazing to me though, which is really cool Is that the the arms and the trend went up that high that fast And we know, you know, as you just said, what happens folks is that when you have a when you have a run that's This dramatic on the way up Upside you're gonna have a lot of people nervous because there's a lot of money on the on the market Um, and I guess my point more than anything is that these pullbacks are so small. It's unbelievable, man You know what I mean and the panic comes in and the panic comes in. Do you know what I mean? It's like wow, man. Yeah, yeah Yeah, that's that's what that's what's what's good here So, I mean if you know if we had a mark was down, yes They would you know say round off numbers 1.5 percent and you had a trend of a point seven on the close You know that was that's not good. If you if you go back and look coming off the August highs If you remember there was really no panic off that high first going down Yes, so that was that was kind of a sign like yeah, you could you could keep going here So but we got panicked. Actually, I wanted to summarize too So yesterday you had a good point. You had the two five and ten day trends all reached uh panic levels Okay, and also you got an honest eye that hit 80 or monday or tuesday. I forgot what day it was Yeah, but all those things on a short term basis suggest that at some point we're going to hit higher highs And the next higher highs are the ones that kind of define what's going to go on next So we have to wait and see but um got to love this market, man Yeah, so it's not time to put this way. It's not time to be bearish Uh, yeah, and it may not be time to be you know as as as the market pushes higher We'll have to see what happens next. Yes. So nice But anyhow, do you want to go on here? Yeah, let's go on man. You kidding? Yeah Okay, so what what chart do you want to go to? All right, uh starts on chart five five. Okay. Good. I'm there Yeah All right the chart five is all this says is just a momentum indicator and the bottom window For my study anyhow is the uh 50 day average Of the up-down volume percent for gdx So it just measures the up-down volume the one above it is the uh 50 day average of advanced decline Percent but seems i don't know why but the up-down volume is really carries the the correct answer I guess you might say and when when that indicator is above zero Normally you got to not the uptrend and all that blue area across the chart there goes back for about a year Yeah, I see that uh is is uh Is when the market is in an uptrend So long as that's indicator stays above Uh Zero you're an uptrend right now or like Plus five plus six range. So it's it's up there pretty good. So whatever's Going on here appears just to be a consolidation So the uptrend in my opinion is still ongoing here. It's not at the top of any consequence So that's the short term. So now Let's go to chart number six. Okay I'm out. So I'm if if this chart on Chart number five is going to continue and but continues long enough it's going to put chart six And also on chart seven, but we'll talk that in a minute push chart six above Oh, I'll tell you what the charts are the bottom window is the uh cumulative Updown volume for gdx on a monthly time frame. Okay So it measures the cumulative up volume and down volume on a monthly time frame And the next chart above that is a monthly cumulative advanced decline Of the market. So yes When those two indicators are above the mid bolinger band That's a near mid term uptrend And so when that happens you're looking at multi-year possibly uptrends. They're either not short term So we actually got a cell signal back in 2021 And it hasn't flipped a bi-signal at least not yet But on this move if this market remains Boy say over the next month or so most likely both those indicators are closed above the mid bolinger band So you'll still have consolidations along the way But it could be a bull market That could last a while. I'm talking about a year. Maybe two years Hey tim, let me ask you something right because when I bring I'm bringing the gdx up on a monthly basis now. Okay And and I have the gdx above the mid bolinger band right now Right. You do on the on gdx price you do. Yes, but not on But not on up down volume in advance decline you don't oh cool. Thank you. Thank you. I got it. Okay See this is this is folks remember something you can The programs archive so you can go over this many times. Okay. Okay. I got it. I got it. I got it Okay, right. So so you're looking inside of gdx because you're yes Advance the client of gdx and you're majoring the up down volume for gdx. Okay. Okay. I get it. I get it. Okay So So that's it. So so anyhow, so you kind of looking inside what the gdx is actually doing. Yep So, you know, maybe gdx, you know one stock is pushing gdx up because it's 20 of the That's correct. Now I'm with you. Yeah, yeah So so this tells you the strength of all this All the stocks in gdx. So, you know My opinion you're gonna at probably in january You know, we'll talk about it. Yeah, all this indicator as we go forward By that in january that both those indicators close above that bolinger band. So that's one way After you determine if we got a bigger rally coming at us here So let's go another way and look at chart number seven. Okay Okay, the chart number seven Is the monthly huy the gold ratio. That's the middle ratio. Yep Or the eight that's a monthly just the ratio Okay, it's the ratio of gold stocks to gold And then up trends gold stocks outperform gold and downtrends gold outperform stocks So when this ratio is going down, it's usually a berry sign For for huy or x a u or gdx. Yes, if you notice they gave it cell signal back in 2021 just like that previous chart we showed right and still on a cell signal because gold Stocks haven't really performed yet. So we need that Ratio in the middle there to get above the mid bolinger band All right, I've listed all those previous Signals with you know red lines for a cell signal blue lines for bi signal And we've been on a cell signal since 2021 And now we've got a chance if the gold stocks perform over the next month or two You'll get that ratio Above the bolinger band. So you got two different methods Saying if that happens they haven't happened yet But you do have a most probably a multi-year rally coming Yeah, no, this is the new this is the new this is later to each other This is just stay just stay right there. We'll get one more segment, but this is really cool, man So, uh, folks if you want to get tim's newsletter It's really easy to do go over to old rd hyphen oracle.com. That's old hyphen oracle.com We have the dow up 293 nazics up 182 s and p's are up 43 tim and i are coming back. We'll finish it up Welcome back folks. Tim or tomo brine We get the dow up 307 nazics up 187 s and p's are up 45 So I I have this uh, the gdx chart up here. This is pretty cool, man. So I get the the deal now. You need that middle one too. That's the one we really need. Yeah Right, uh, the monthly edge. I could have done with the xcu, but uh, h ui But yeah, I wanted to point out something else on this chart If we look at gdx chart, I got major bolinger bands pants Do you see how the bolinger bands are coming in? Yes, I do at the top. Yep. Well, you look also look at the uh You know the the The h ui gold ratio bolinger bands are also turning in yes And so now the below that window is the percent bolinger band So once what you and I drew a line across there I see it. Yeah, I'm those bolinger bands got that low and others it it majors How narrow that top and ban and upper ban and lower ban are coming together And previous times when you get that you get a big move if you draw a trend line Um, you know, you got to kind of declining uh market going from 2021 you got a consolidation going down on gdx So you know if you draw A uh trend line at the top starting in 2021 and draw it down from the tops There's a trend line there. Okay, and those bolinger bands are starting to pinch. I'm thinking we're going to have a powerful rally Through that imaginary trend line coming down from the tops of 2021 And you're going to have a sign of strength through that trend line. I bet that's what happens Nice I'm putting it right up for all the losses conjecture right now. No, no, no, I get it. I get it, but I can see it Yeah, no, I can see that. Yeah, right and and we've been here Well, yes, something's about a big to happen here in the you know the coming months, you know Uh, because the bolinger bands are pinching and and a lot of things are coming together here So it'd be interesting. I think first part of the uh 2024 is going to be real interesting We got action, man Well, listen tim, listen, you have a this is uh, let's say it's thursday. Yeah, man. We're going into christmas. Ho, ho, ho, merry christmas Merry christmas to you too and you're and uh everybody out there. That's right. Okay, man. Have a great one tim. Have a safe one Thanks folks. Come join Tommy tomorrow morning nine o'clock kicks us off great show folks Look at them