 Okay, folks, let's get over to our man, Mr. Tim Mord as we do every Tuesday and Thursday. And don't forget, folks, you can reach Tim every trading day at www.Ord-Oracle.com. That's www.Ord-Oracle.com. Tim Mord, what's going on, brother? Yeah, I'm sorry, a little late. That's all right. We're shaking. We're baking. I'm telling you, man, what a market, huh? Yeah, what a market. We'll take a quick look at it here. Yeah. Now, there's kind of a couple of things going on. The bigger trends up, but you kind of, I think we're going to see a time out here. You know, chart one is worth looking at. Anyhow, go up to one, two. Third window up is the 63-day trend. Yes. And anyhow, I color there all in blue. The blue boxes, I guess. Yeah. When that three-day trend, or a three-month trend, I guess a three-month trend is above 1.2. And you can have short-term pullbacks, but you can go back in history, and they never come at long-term highs. Okay. They can come in consolidations, but you know, what you got to worry when the trend gets down to below one on a 63-day trend, and those are the light pink boxes. If you can see those, a lot of times you get that low on a 63-day trend. Yes. You're probably looking at an intermittent term high, and that's what happened back at last year's July high. Yes. They got down to right around one there, and we got that 10% correction. But here, we're standing at 1.12. So you can have a, you know, I don't know, three, four, maybe 5% pullback here, but nothing, probably not a 10% or anything close to that. What a great indicator. That's a cool indicator, Tim, particularly because, you know, I mean, this is a shake, rattle, and roll market. There's no doubt about it, man. Yeah. It is. So we'll play it. Just wait there. I guess. That's it. Listen, man, we got plenty of time. We'll take our time. We'll go through these. It's really important. We got a man, Mr. Tim Ord, folks, from the Ord Oracle. Remember, you can reach Tim every trading day at Ord, ord-oracle.com. Tim and I is going to be coming right back. We have the Dow Up 321. Nasdaq's up 19. S&P's are up 23. Stay right there, folks. Welcome back, folks. Tim Ord, Tom O'Brien. We do appreciate your growl and a prowl on us out here. We're talking with Tim, and we're going through the trend right now. Hey, Tim, so, you know, this is a beautiful indicator. I love this indicator. You know, we came down off the highs on this S&P, and I'm sure you're going to get to it. But what do you think is happening inside this S&P right now? Right now? Yes. Well, what's going on right now? Actually, we can skip a chart here. Let's go to chart number four. Okay. I have it. Yeah. Yeah, this is the SPX tilt PLT ratio, which is the top one of the RSI. The next one to down is the SPX tilt ratio. Yes. So, you know, that last decline we had, you know, was that January 31st went down. Right. You know, if you notice that RSI, so when you output this way, when the SPX and tilt ratio get out of whack, but that ratio goes up too fast or down too fast, then, and that's pretty much the market of the world. You know, you got the stocks, you got the bond market, and you could buy them both. Yes. And you get a really good picture of what the market may do even for short term. So, I'm taking this, you know, the SPX just got up too fast compared to TLT, and previous when that's done, it usually is like a stretch rubber band. Wow. It just snaps back. That's cool, right? No, no, I get it. That's how I view it. Yep. So, and actually when, last time we got up there, yeah, it looks like about January 31st, it kind of warned for that pullback. And so now, you know, yesterday we had, I got it on the chart there, February 14th, 2024. Yes. Close was 70.50. Right now, we're like 71.72 area. Okay. So, we're going up against something here, and I thought we may close that gap. We had Monday, you know, market gap down. I thought, okay, we may close that gap. Yes. And if that ratio got back up around 70 or higher, you know, I'm going to get out of my long position. Well, about a half hour ago, I sent out an email. I've been along the SPX since January 18th. Right. And so I'm getting out of that position, you know, I'm with you. That's why I was asking, and we appreciate the feedback here, man, because it's so cool, man, you know, that you had that, you know, just like I said, that January 31st, which is not a big downdraft, then we came down hard, and it's like, okay, you know, today I can see that the volume's contracting quite a bit. And what's happening is that we'll close Monday for the holiday, President's holiday, and what does happen, which I was telling the folks, is that what happens on the northeast corridor, Tim, is that all the kids are off vacation. So what does happen is that tomorrow, even though the PPI is going to be coming out, it's probably going to be a slow day because there's so many people from the northeast going on vacation coming down to Florida. Yeah, that's probably true. It's so funny, from living up there, this is a big vacation, folks. This is like the vacation everyone waits for in the winter from the northeast. It really is, you know what I mean? It's like one of these deals that, okay. So it's going to be intriguing, but you can see that there's still, you know, that being said, there's not a lot of sellers out here, man. I mean, you know, that come down hard and fast, but you know, you've taught us that, you know, when they go too fast, that's, you know, the same thing. And I can see the correlation that you're talking about with the TLT, you know, which is really cool, man. I took a look at chart three. Okay, there we go. You're talking about, you know, going down too fast. Chart three is the SPY. And I want to point out there, you know, on that January 31st, I got, if you look at the volume chart there. Yes. You know, that was a big spike in volume, close to 100% compared to the previous days. Yeah. And I always said, you know, when the market jumps that fast in volume, it's like, I think there's a lot to move to the downside and that turned out to be a short term low. Right. And the market rallies up, hits a new high. Then, then Monday, we have the same thing. We have another spike in volume. Right. Which means a short term low. That's the reason why I stayed along that position for now. But I got some other indicators. But anyhow. Yeah, no, listen, man, this is a great trade, man. I was watching that trade because that's a, you know, that was a shake-rattle role, man. Yeah. Yeah. Yeah. But you know, you know, even the past, back even 20 years ago, you know, I was on your show. Yes. When you had these selling climaxes, I don't know what percentage, but a high percentage of those selling climaxes are tested. Yes. So once you see a spike somewhere, at some point, you're going to go back down and test that selling climax. So we had one on January 31st and we had one on, well, wherever Monday was. Yeah, exactly. The 12th or something. Right. I can't remember. Right. So we go up, you know, and we got this SPX Tilt Ratio showing kind of a berry sign. We got a three-day weekend coming up. Yep. And if you go into high a lot of times, the volume drops out, you know, it's today, higher is tomorrow. You know, I'm thinking it's one of the two days. I don't think, you know, Monday the market's closed. Right. I don't think the market's going to be up on a Tuesday or a Tuesday after a three-day holiday. We'll have to wait and see. No, no, I'm with you and I get it. I mean, you know, it's so intriguing because they like wanting shots a little. Do you know what I'm saying? Yeah, they're right. They're shot over the bowels saying, you know, there's some stuff wrong on a short-term basis here that you're not really supposed to see in an uptrend. And if you look at the, you know, the bottom window is a 10-day trend, which is okay. The next window up is a five-day. Normally you'll like that up around 1.4. Then the next window up is a two-day trend. You'd like to see that up 1.5. I'm thinking if we do get a pullback here, either we test the 480 area, which is the January low or Monday's low, which is close to 490. Yeah. I bet those trends would jump up there, you know, settling in another bullish uptrend, you know, or we got enough panic to get another trend going up. So I think this is a little to shake out to get some fear back into the market and get some more energy in the market to possibly push it higher, so I'm thinking. No, no, absolutely. And folks, if you're watching Target TV, you know, you're going to see, I just popped another trot up here, Tim, with those numbers you just gave us, just so they can see the two volume spikes as well as the numbers, you know, because what ends up happening, folks, okay, is that when you have numbers before they get there, it's so cool because now you know what to look for. Do you know what I mean? You're going to look for fast price destruction. You're going to look for the trend going dramatically higher. You're going to look for everyone bailing out and people say you're out of your mind if you go long and you get all this together and it's before the fact, guess what? You'll buy it. Right. Yeah, they always say, you know, you're stepping up in front of a freight train. Well, not really. You're stepping in where the train's going to stop. Listen, you and I have been doing this long enough. We know that these big deep, you know, this won't be a deep retracement, folks, but I can tell you something, you know, you get a deep retracement. That's where all the money's made, man. And that's buying it. Yeah. That's buying it. Stay right there, folks. Tim and I are going to be coming right back. The S&Ps right now, they're up 280 and don't forget we are going to be on a holiday, which is a beautiful thing. You get a four-day work week next week. And, you know, the dollar, you know, bottom line is going the right way for us. So we'll see whether that turns in the next couple of days. Stay right there. Tim and I are coming right back. Come back, folks. Tim or Tom or Brian, we do appreciate you. We're proud of you. We're proud of us out here. So, Tim, which out would you like to go to? Actually, let's get back to three real quick. Okay, I have it. You know, how do you figure out where you're going to find support? Yes. Where are you going to find panic? If you don't have any panic, you don't have any sport. So on this chart, the second window up is the five-day average of the trend. And the next window up, third window up from the bottom to the two-day trend. Yes. I'm thinking when this get this pullback, potential pullback, it hasn't happened yet. But we have two selling climaxes, I think at some point it's going to be tested. Yes. So if we do get those tests, at least the two-day will get up to 1.5. If not the five-day, get up to 1.4. And when you got that, you're near a low. Nice. And so that's what you're going to be looking for. So, you know, the faster, the better. And when they really slam the market hard, that's usually a real good sign. If it just kind of crawls down, that's a real bad sign. That's a problem. I got it. You're probably not going to get any panic. Yep. And you're going to keep going down. Now, folks, okay, remember, if you're in your car, I know you can't be looking at the Vogue photos at the same time. Remember, it's archived. Because Tim set this chart up really cool, man. He has on the top pot. He has with those two high-volume days. He has red lines going across it. You're going to match that up with the first box that's coming down with the trend. And the thing that's so cool about this, folks, okay, is that we all know that, yeah, you can have support resistance and all this, okay. But when you have something that confirms and brings the probability up higher, it's a whole different ball game. And as Tim's explaining to you, you know, the faster it goes, in this case, we're talking about down, the better off it would be because the trend would go up. There'd be more fear in the marketplace. No one wants to buy it. And guess what? We buy fear. Because we love love. Yeah, that's pretty much how it works. You know, the last blow we had in, you know, December and mid-January, that pink area I shaded there, notice that the trends jump up there, kind of giving you a good clue that that sideways pattern was, you know, a consolidation pattern. Right. So it wasn't a topping pattern. So, yeah, that's why I put that there for you. And we also have to remember that, you know, the chart, folks, okay, and I'm sure that most of thousands of people out there have been following us that when the chat, when the Summation Index came, you know, under the 700 and then went over the 1,000, that that's where we're at for 2024. So you always want to keep that in mind also, which is really cool, you know. Yeah. Yeah, that's the point. Matt, we can talk about two, chart two real quick. Okay. That's that RSI thing. Yeah, I have it. I was just saying that summation index up again, I'm thinking, well, everybody's getting tired. No, that's cool. No, listen, man, I appreciate it. This is awesome. Okay, so I get the IRS. Ah, yep, yep, yep. Yeah, you know, the RSI, when it gets to 80, Normie, a lot of times you're at the halfway point and then move up and we had 80, I think it was January 18th or something, I don't remember. Yep. But so on a bigger timeframe, we're in probably a trending market, you know, not every week's going to be up, you know, but so this kind of gives you a bigger clue that when you get 80 on the RSI, that shows a lot of momentum behind the market. Yes. Momentum just doesn't run, it just doesn't quit and go the opposite direction. Momentum carries forward. So on a bigger timeframe, this looks, you know, it's bullish. It's a short-term timeframe, probably over the next couple of weeks, maybe a month, we might see a base-building pattern here or something. Yeah, no, no, exactly. You know, the time-wise, you know, it's interesting, Tim, time-wise this is setting up really nice to get a little pullback because, you know, you're 10 days, 10 trading days away from March, which would be window dressing, right? So it has plenty of time to get down there, wreck some, you know, technicals, go after those lows, and then all of a sudden, you know, window dressing comes in and they say, okay, oh, sorry, that's right, I want to go back to upside. Yeah, that's probably it could be. So, okay, we can go to chart, okay, we got to four charts, we can go to chart five. Okay, let's see. There's gonna be good news and bad news on this. Okay, good. And this is the GDX. Right. This is, yeah, the daily inflation-declation ratio. And RSI is at 2027 on the daily. And so a lot of times, if you go to bottom charts, GDX, and I circled in red. Yes. The times when the RSI is below 30, and normally they come at short-term lows. So that's a daily. And I flip over to chart number six. Okay. You got the weeklies at RSI at 30 also. So you got the dailys and the 30s, or the dailys and the weeklies, RSI at 30. So you're probably looking at a little bit bigger low since the daily and weekly RSI are both at lows here. So you got some sort of a low billing here. Mark, it really hasn't moved much since August of last year. It's pretty much just gone sideways. So we now take a look at kind of going fast here, but I want to get this in. Yep. Chart number seven. Okay, good. And this is a chart that we've shown at the past, and we talked about in the past. But anyhow, the bottom window is the 50-day average of the up-down volume. Right. When it gets below minus 20, which it is right now is minus 16 and a half. Actually, I have this chart all the way back to when GDX began. Yes. And almost 9% of the time, this chart works. And what happens, it goes sideways. Okay. So you're going to have a balance. Your bottom is probably in this vicinity, but it's not going to go up much. Okay. It's not going to go up. It's not the flaw. It's what the market is going to do. So sometimes it goes out of minimum two months sideways up to six months. The last time we had this thing triggered was July of last year. It came in in October low. Then we had a rally. But the market went sideways from July to October. Finally got a rally for that when it kind of sideways to down a little bit of July of last year. I'm thinking, you know, we're down. We're probably at a base period here, but we're probably going to go sideways probably into July. Again, a lot of times July seasonally is a bullish period. Drive everyone crazy, right? Yeah, because we had, I mean, the GDX had some months to volume yesterday, man. I mean, a Monday. I mean, it came, you know, it came down hard and fast. But I get it. Building cause, folks. Building cause going sideways drives everyone crazy, but that's what it takes. So, you know, this market's really kind of just dull here. It's going to remain dull. Probably you're going to get a similar way in a bullish category time you come in July. So it'll bounce up probably here. Come down a little bit. Probably test the current lows we're in right now where they're about to really go nowhere between now and maybe I don't know what day it's going to start going up. But it's usually months of sideways movement here. So not that much, not that much, just not much to do. Yeah. You know, it's interesting, Tim, because what I'm hoping for is that the, I think the S&P, you know, comes back and tries to get to one of those levels that we've been talking about below it. And I'm hoping that that's when the test comes on the GDX also. Do you know what I'm saying? Faster, because if it's faster real slow, it would help, I think, show that, okay, there are more sellers of buyers, you know what I'm saying? So we'll see. Yeah. Yeah, it's hard to say. Yeah. Well, listen, man, it's always a pleasure. There's probably a lot of nothing on GDX for the next, you know, at least couple of months, maybe three, four months. Yep. It's always a pleasure, Tim. Thank you so much. And have a great weekend. We look forward to speaking to you on Tuesday. All right. Thank you. Thanks, man. Stay right there, folks. Come right back.