 Let's get over to our man Mr. Tim or this is we do every Tuesday and Thursday and don't forget folks You can get Tim's newsletter every trading day at odd or ID hyphen oracle.com. That's odd hyphen oracle.com Tim what what's going on brother? No, I sent you over some charts. I got him baby Yeah, it's a little it's a little bit confusing what's going on We'll kind of take a look at the bigger picture. Okay, look at chart one. Yeah Let's and Well, you know today is the last day of the month right leap year and the first thing when I kind of look at volume It's not going to be Well, the first chart is the Monthly SPX yeah, I got a Bollinger band on it and I got the SPX VIX ratio At the bottom window next window up is a volume. Okay. Hold on a second. That's the I Got it. Okay. That was a second shot, but that's all right. Okay. Cool. I got it. Okay. No This is for a chart number one. I don't know that I Chat number one. I have a neckline and Right. Yeah, same way. I've seen what I'm talking about. Okay. Okay All right. Yeah, it's it's both those charts are similar, but yeah, I kind of want to point out because The volume on this chart Is well today's the end of the month and volume's gonna be a lighter than the last month even though we're closing a new high Okay, and and if you look at The monthly SPX where we are right now We're 50 percent above the upper Bollinger band So Tim, is it the SPX that you're saying that we're actually above it? The what okay, so You're saying that the SPX is Above the upper Bollinger band, right? Right. Thank you. Um, I don't have I don't have that man. I have that actually that's just a flip to chart two. Okay Well, just because we're kind of talking about it anyhow Well, no, just just let me ask the question first one second. We can go through it because what's happening I'm looking at the SPX and right now. It's not even hitting the top of the Bollinger band Is this on a daily? No, this is on a monthly cool. Cool. I got it. I got it. Okay, awesome I know yeah, that's what I was trying to get cleared up awesome man. Okay. Okay. I got it go ahead All right, so when you know, there it is. Okay. Yeah, let me show it to everyone one second. I got it You're awesome, man. There it is folks There it is it sure is okay Flip chart to your little bit. I got it. I got you. Okay. I'm ready back. Yep with the chart to yep This is the point. I'm trying to make anyhow, if you notice This is a monthly chart of the SPX going back to mid 2016 Yes, if you notice that's kind of hard to see but 50% of that candle is above The upper Bollinger bands, that's correct Okay, so that's why I want to make the distinction it can touch the Bollinger band, right? But once you get above a 50% and I got all those red Circle times when that happened in the past. Okay going back. So if you look at 2007 or Yeah, to the January 2018. Yeah, you closed above about 50% above the mid the upper Bollinger band You got a decline then in 2020 going into the You know the March high of the cold crash you had that bone. That was the big one. Yeah, right? Yeah, and then when you have a circle a couple of more and usually the next month is a down month when that happened Okay, when it is yeah cool today's the last day. I thought the mark would pull back You know going into you know this week but so far it's holding up pretty strong and You're 50% above the Bollinger band now if you go down to the second window up from the bottom. Yep Which is the SPX VIX ratio, right? And it's also me. You know, even though the S&P's are making higher highs that ratio is making lower I can see that pretty cool. Okay. Yeah, so it's not an ideal situation. I'm not really bearish here But I'm thinking some sort of a consolation could materialize. Yeah, I know you're saying well actually when you look at the When we're talking about this Bollinger band being above it outside of the crash You know at the Colvin crash each time the market wasn't down that much was down, you know, a couple months, right? You know pullback. Yeah a month. You know, we got one back in yeah 2021 looks like a January, you know, you're over 50% above it and the market just went a Little bit higher. It kind of didn't the next month didn't do anything. Yeah So it doesn't you know, you can you can have a pullback so you can have a consolation Sometimes you get lucky get a crash, but I don't think that's gonna happen here. I think the market is just too strong Yeah, I'm pretty cool, man We're running out of time here. I see that's all right. That's a really good plenty of time We're gonna take a quick break folks. We're gonna come back We have the Dow Industries right now down to Nasdaq's up 103 S&P's are up 16 and a half and don't forget folks You can get hold of Tim you can get Tim's newsletter at odd already hyphen oracle Let's all at hyphen oracle dot com Tim and I come right back Welcome back folks. So we have the Dow trading up 16. That's like up 109 S&P is up 1825 We're talking when I'm in Mr. Tim Ford and we got talking markets out here Okay, where we gonna go? All right. Yep. Let's go back to our tree. Okay, and And Added actually panting is good for the market, you know, the more panic you have for the more closer to the low You'll be yes. I want to point out here. This chart goes back to 2000 mid-2017, okay, but I have shaded pink areas on that on the chart You can probably see those yeah, but I can know I can see them good. You can see them good. Yeah All right, okay, you know the painted shink up the painted Pink areas are times when the 63 day, you know the third window up from the bottom with that's 60 63-day trend. Yeah, when that gets down around one or lower That's where intermediate term tops can occur and the last four or actually the last five tops went to You know about five tops. That's when the trend got down around one matter fact that that The last Assault at 10% correction we had last year. Yes when the trend got down around one Okay, and we got that a decent trend. Well right now When I print this chart the 68 trend is one point one one and so we're still above one, you know, one one Territory one point one one point one Above is usually bullish and we're still on that rain So it's still in the light blue areas and light blue areas across the chart our times when it's bullish So intermediate term it doesn't just any significant high here. It doesn't say you can have a consolidation But it's not set up to be a high here. Okay, so So we're not looking for a big crash here or anything and it's kind of hard to tell what's going on But now you flip the chart for okay one second one second. I love these shots Tim. They're amazing, man Okay, okay. Okay. All right chart for okay The bottom window is the three-day average of the trend. Yeah, the next higher window the two-day average Okay, the next window higher is a five-day average. Yep, and the top window is a ten-day average So this is all the shorter term, you know, it's not a six three-day trend Yes, it's all the two three five and ten-day trend, right? Well that all of them Right now we're in kind of at best neutral if not outright bearish, so Intermediate term looks fine. The short term is just fuzzy here Normie I like to see the trend, you know, at least a two or three-day trend to get up around 1.2 or 1.25 To really push some energy in the market, you know, like Joe Granville said way in the past, you know a market likes to Find the wall of worry. Yeah, right now. There's no worry according to the trend on a short-term basis, right? We got some real divergence to right I mean the divergence being that the 63 is all the way up there and these other ones just like I say a fuzzy and you know It's like, okay. Yeah, I just see yeah, so, you know, do we got enough energy go higher? Yeah, I don't know. I mean I have nothing Maybe for window dressing maybe for a couple days a trend of like 1.2 to 1.5 You know it puts some energy in the market where you probably get a bounce going and but right now I don't know if we have that, you know We just not a lot of energy here. So I'm a little bit confused what to do I thought we'd get down into the gap area and maybe we still will To set up this trade, you know a decline right now and a little fear in the market would be actually bullish You get things going to the upside right and right now. We just really just don't have it Let's go to church number five. Okay actually FNN viewer asked me to put this on the radio and so I want to show what this is going on but nice the This is the SPX or the The top window is a 10-day RSI the next window down is the SPX tilt ratio on a daily Time frame. Yes, and when this ratio gets above 0.7 or 70 it's usually kind of exuberant For that ratio to go that high that fast and usually get a sheer term consolidation and vice versa when it goes down to Round 30. It's usually a bottom, you know Last time this thing was triggered was back in December for a bullish signal. That's a big circle on The chart now on the I see it. Yeah, okay Yeah, so you got a bullish reading there and it kind of got up and you got some RSI above 70 You got a kind of a minor decline in late January then over the last couple of weeks. We've got two of them here RSI so it kind of put kibosh on the upside nothing real serious, but You know, I like to see this ratio get down to The RSI get down to round 30 and they all put some Fear in the market, I guess or at least that ratio get oversold to put some energy in the market So but we're not fair or so it's kind of leading bearish You know the RSI have since gone off to 70 about, you know mid to 50s right now Which is kind of neutral not giving a lot of information So if you ask me what's going to happen here over the next week in the market, I can honestly say I don't know No, I'm with you. I can tell excellent man. I can see this This is this is cool though because the what we're trying to do here folks Okay, Tim has some beautiful ratios and and what happens is that you want them to be in harmony with each other You know if he has he's been educating you he was talking about the aspect is that when you get You know three or four of them in the same way then, you know, your probability is much higher and right now they're not and That's what markets do. That's the real bottom line. So Yeah, it's You know bigger trends up, you know, the music, you know, you know with that gap we had was it this week or last week whatever Uh, it was like big gaps normally get filled the small ones a lot times a breakaway gaps and they never get filled But You know to feel that uh Was look about four 492 or something right now if I would go down fill that gap You know get the trends up to you know 1.2 or higher Get a bicycle in that gap or something and and off to the races of the upside Well so far hasn't even touched that gap No, I know and and with folks if you're if you're bullish You want that gap to get filled because the problem is Is if we go another 100 points in the s&p. Well, guess what that gap is going to get filled folks And that would just mean a much larger correction come october or something. Okay, so yeah, you know, that's the that's the flaw with that That you're exactly right. Yeah, so you Because I'm going to label that gap in my charts. Yeah, and you know Okay, there's a gap there, you know, when we're going to fill it, you know, I prefer to fill it sooner than later Exactly. Yeah, you go up 100 points and you have to come back down 100 points to get it filled Yeah, you know and we've seen that many times dim. So it's like, okay Yeah, it is you always have to watch those gaps. So But yeah, the the short term picture especially if you go back to The chart number four again, okay, you know if it's you know, the two-day or the three-day trend was up around 1.2 Two or both are 1.25 I can say yeah, this market probably can push higher But you know the two-day trend is coming in at 0.83 and the three-day trend. This is yesterday's close at 0.89 You know, there's just no fear here and So I don't think if the rally does continue, I think it's going to come back at us. So Yeah, so I don't know but I'll have to wait and see how it turns out here Stay right there folks. We've got three more charts. We're going to go through with our man. Mr. Tim O'od And what we have out here market-wise folks you get the Dow industrials right now up 17 nazics up 107 S&Ps are up 18 and a half Tim and I come right back folks Welcome back folks Tim or Tom O'Brien. We do appreciate your Growl and a problem with us and they are running it right into the close folks You're running it right up. You get the Dow up 47 nazics up 121 S&Ps are up 23 We have uh, let's see. I think I get the fourth Shot up Tim. No hold Which one which I do want up to I put this let's go to chart number six six. I got six. Here we go. Yep All right So these are three charts and they're all on the bigger timeframes and the charts go back way back to 2015 Okay, and presented this before Uh, this is the top window Or actually the second window down from the top is the weekly Inflation deflation ratio in the top window. Yeah the RSI for this ratio Okay, and it works pretty good for tops and bottoms, but right now I Anything below 30 and turns up you get a buy signal And the last time this chart triggered a buy signal was uh, october Of uh last year approximately and you got a bounce. We covered it on your show Previous time was uh looks like about In 2022 looks like probably august september time frame And now it goes all the way back doesn't give a lot of signals But you know, I got dark signals on this chart. The reason why I put those dark signals there Yeah, um when that was triggered is because on chart number seven. Okay Corresponds the same signal corresponds with a different type of of a buy signal method Which is the gx up down volume 50 day average when this gets below minus 20 So these two signals You know chart six and chart seven The dark circles correspond to the same time frame as a previous signal. I understand. Yep All right. So anyhow, so let's go one step further So we got two different methods saying the same thing Now let's go on to the chart numbers eight. Okay Now this is the weekly XAU gold ratio Chart yes, and and this chart is I use the rsi again for the ratio So when it gets down below 30 you get a buy signal when it gets above 70 you get a sell signal Now the blue lines across this chart this chart goes back to 2014 Are times when the artist eye of this ratio Got a buy signal. So you this chart They're pretty you get about one You know you get lucky to get one a year a lot of times is two three years before you get one Last time we got a signal on on this type of indicator was july and september 2022. Okay picked up that low there kind of went up And uh, and now it's giving another buy signal Uh, so you got to take a look at this folks. This is really consistent him This is pretty cool man. Yeah, I mean yeah, yeah, this one doesn't give any failures. There's no failures No, I know if you're looking at this the chat we're looking at two four six seven And the eighth one is getting made right now right? Yeah, yeah, he's one's getting made right now My point is you got so this is the weekly XAU gold ratio the previous chart Is the 50 day average of the up-down volume? Yeah, so it's 50 days. So that's like a Uh, you know not quite to about a month and a half of type indicator And the chart number six is the weekly inflation deflation ratio right types But they're all doing the buy signal right in this vicinity All right, well, that's the 50 the 50 line up at the same time is pretty rare So in the 50 day tim is going to be two and a half months, right? 20 days 21 days of trading For you're talking about the 50 day one. Yeah Yeah, because yeah, you're right two months. Yeah, yeah, yeah, it's about the lower two months Yeah, anyone before it 42 days. So it's about that. Yeah, chart number seven It'd be about two and a half months of uh indicator. So if it looks at the bigger picture So it really has to Do quite a bit of a damage to get that up down volume down below minus 20 And when it does, you know Usually you get a sold out market, I guess For you know, my my point is whole thing. I've been kind of Yeah, I'm still thinking we're lining up to be I even said this before probably a couple of months ago I think we're lining up to be like a 2000 low Um, yeah for the gold market not gold itself, but the uh Gold index or the gold stock. No, I'm with you. I get it. I mean because listen folks They beat this thing, you know, they're they're beating a dead horse now because nobody's really in this market But uh, it comes to a point when when things are really bad or usually when they're the best Yes, and and so we're really You know, you don't hear very much you hear about gold, but you never hear about gold stocks Yeah, not even close. I'm thinking and of course when you when you do hear about it You hear about the aspect that well, you know, gold's done forget gold because we have bitcoin now. I mean, that's you know Yeah, whether that argument is valid or not. That's just just like a bull and bear folks. Okay, it depends what side you're on But yeah, that's that's real too Yeah, so so I don't know, you know, if you look at the the bottom window, which is the weekly xAU You know in general we haven't moved a lot since uh 2000 mid 2020, right? I mean it's It's it's gone sideways here. I mean it's down true Uh, you know, it started off around look like about 140 we're around 100 right now But really the it's not a decline is more of a sideways move And I think that that pattern forming if you look at 2022 mid 2022 I think that could be the head The head and shoulders bottom so well and what it also did here I'll put this chart up right now so they can see it What this is done. I mean, this is insane But it's it's actually going into the sign of strength How we came off the low Now I have a monthly up here. So the low was established five three four five six months before we had a sign of strength And that's right where this market is, you know, it broke the consolidation on this one But then the bottom line is that it came into the sign of strength and didn't break the sign of strength Which is really intriguing. I just can't see that far on my own chart, Tim But you'll see it when you look at it. It's pretty cool, man. Yeah Yeah So I don't know but you got three different methods here So normally if I get two methods, you got pretty good sign Yeah, and that's what I was talking about earlier We we got some harmony and that's in the gold market, which is intriguing right? Yeah, I know. Yeah. Yeah So but I really watched this XAU gold ratio, you know, I do a monthly daily weekly, okay You know in that whole ratio, you know, if you go back to chart number eight, yeah, which is that I haven't you ratio Yeah, you know, that thing hasn't really done anything since 2014 Right pretty much created a trading range, you know, it's gone up. It's gone back down. It's gone up And so it's building cause Either have an impulse wave up or an impulse wave down. Yeah, but really have the impulse wave down. So at some point Um, it's it's going to break out of this sideways trading range. So You know, that's what I'm kind of thinking on the bigger timeframes Uh, you know, it's got a lot of cause, you know, you got basically 10 years Oh, there's no doubt man ratio. Yeah going nowhere and with fail three times up there already, you know It's like, okay. It's got up there fail pull back and it hasn't pulled back with a lot of volume each time folks As you listen to tim and I what happens is that, you know, you actually have Those highs tim i'm pulling up the gdx right now at those highs those the volume is pretty cool, man Versus the lows this is okay, and i'm even talking about the first high that was generated out there That's like a year year and a half ago. So Yeah It's it's it tests your patience, but oh, yeah See how this works out. We'll know by mid-summer. You know how we're doing You gotta love Well, listen tim, this is always a pleasure. We appreciate the great education all the charts Telling you man, we got a market. We're gonna have some fun in 2024 tim. No doubt man. We are Okay, man, you have a great one a safe one appreciate it All right. Stay right there folks. Come right back markets at highs