 Welcome back folks. This is Jacob Shupe with you today for the dollar right now. We are trading right below the 104 level We're at 103 99 flux went between 99 and 98 Folks, let's shift gears here a little bit. I'm gonna bring you over here. We have the orde hyphen oracle calm This is Tim orde. He has been coming on with Tom for a while now He just had a webinar earlier this month. It was Fantastic folks if you if you didn't see that we have all of our archives webinar We have all of our webinars archives. We also archive the webinars But come over check out the front pages tfnn.com. That's there as well It was a fantastic webinar and a lot of people enjoyed it Tim ord. Are you with us? Yeah, I'm right here. How you doing? Good Since some charts over do we have a time to go over them? We do we absolutely do I'm on chart one right now. We have the equity put call ratio Yeah, this this is a I did this today and and so this is actually yesterday's clothes But the bottom one does the 21 day average So that's a whole month of average of equity put call ratio readings and you get above 0.75 yesterday's closer 0.77 So that was a whole month of equity put call ratio readings. They just leaned on the puts for the last month and So that's bullies and then one above that is a five-day And anything about 0.8 is 0.92 is bullish So, you know in the markets been screaming here for the last week couple of weeks when it's virtually straight up here And everybody's still leaning on the put side and you and that's that's a good old going forward Normally when they start getting on the call side, you know in danger it can happen, but we're not we're not seeing that here so People for some reason and this is real money trading. This is not like well if I had to be in the market Say I'd be bullish or bearish. These are people actually playing the market and they're leaning on the bearish side. So Seminite wise this is extremely bullish. So We can go to chart two real quick perfect This is kind of an indicator I showed my webinar the top window is the SPY to VIX ratio and In the middle window or the second one down from the top is VIX and what's really strange today is the markets up You know over 2% as we're talking here and normally as the market goes up And the VIX makes a new low which it is that's usually a bullish sign and so The ratio on the top there it's the only reason why I put it over the SPX VIX over the SPY rather Because it goes in the same direction as the SP the SP's are going up This ratio is going up if it does then everything is Copacetic, I guess you might say everything is aligning but according to the VIX right now Making lower lows or this ratio as to why VIX making higher highs with the SP's making higher There's no different negative divergence on a short-term basis. So You know a lot of people think well, this is a app and crap. They call it and I don't see it I think in general I thought this week might kind of be a sideways week because we had such a great week last week But I'm sure turn bases here. I'm not seeing anything Dangerous So how high is high, I don't know but go to chart Four okay, we're gonna skip three if you got four there and In my webinars always talk about panic To get a bottom you have to have panic you got no panic. They have no bottom and so And what's what's really interesting here? We go to the far right corner the bottom window is that? 10-day average of the trend and yes, they close at one point one nine anything around one point two and higher Shows panic in the market in other words, there's more Go on stocks High-volume on stocks are going down. That's usually a You would think would be a very sign But it's actually bullish and that's what we have here Even though the markets concentrate up all those tan areas are times when the trend that was hitting 1.2 or higher and they all come near lows That's how I picked out that low over in the 2000 we didn't 2022 and 2023 you had a lot of that panic in that 365 to 390 on the SPY's I suggest we're gonna break out to the upside we did we had some panic back in early October put in a minor low and we didn't really have panic at the October 27th low, which is really ironic, but since the markets gone up now we do have panic so Semite-wise there's everybody's leaning bearish Panic-wise everybody's still panicking here for it. So I'm thinking we could be breaking out in a big way to the upside and so What could that lead to let's go to chart 5 yeah Okay, now. This is a big time frame. This is the monthly SPX and What I'm thinking here is developing is a head and shoulders bottom where the head was October of 2022 low left shoulder was early 2022 and we've been screwing around Since July until October here In my opinion we're probably making a head and show or the right shoulder of a head and shoulders bottom It pretty much did what it's supposed to do We've got the neckline around 4,600 Which is noted on the chart there with that dotted line and Now to get through that neckline. You need what to call it. It's a sign of strength In other words, that's usually big volume and big price movement and that may be developing here as we're putting on because I Semit-wise I'm not seeing anything really Barish we do have panic in the market. Can we just bust through the 4,600? What we do with the science drink that usually confirms once you have a science drink through the neckline and that really confirms the head and shoulders bottom and I got a Scenario there if this is a head and shoulders bottom gives an upside target around 5,700 right on the estimate SPY's well, that's about 26% higher than where we are and I don't know why everybody's leaving berries here, but The stuff I'm looking at even on a short term and even on the bigger time frame so far Lean bullish, you know that may change in the coming weeks, but even on a short term basis here I'm not seeing any danger. So And next year is election year right and that's easy. That's easy enough here. So we may see another 20th, you know, we're we're not gonna have to be at this year So I think we'll reach 20% this year barge return and we need me reach another 20% next year So it looks good to me. Absolutely. Yeah, and I put these charts in the den as well for anyone who wants to look I mean, this is these are all really really insightful charts. No kidding Yeah, so it's it's just got an interesting time, you know, it You know, we got bullish back on September 27th, which is basically the day of the low and the market just doesn't it's really good You know, when the market doesn't lend anybody in It usually goes a lot further than what people would anticipate But the VIX the ticks matter of fact as we're talking here the mark step 2% and we got at one point Looks like about 1.2 on the trend so You know to me that's gonna put the the 10-day trend somewhere on 1.2 2 So that's quite a bit of energy to push that market higher. Definitely in Tim Listen, we have a we have a short segment after this, but stay with us I want to go through. I think it was chart 2 or chart 3 that we didn't go over. So Folks, we'll be right back with Tim Ord. That is Tim Ord of the Ord hyphen oracle dot com sit tight We'll be right back Welcome back voices Jacob shoot filling in for Tom O'Brien. We're with Tim Ord of the Ord oracle Tim. Are you with us still? Yep, I'm right here. Awesome. We're looking at chart 3. I think that's the one we jumped over All right. Yeah, a chart 3 It's kind of I didn't know we had enough time to get to it But anyhow the bottom window is the VIX and this chart goes back It's like a couple of years and normally when the VIX is below 17 We're coming in when I made this chart. I made a chart today is 1409 a lot of times when the VIX is below 17 the market is in the trending mode And so I shaded that all that area when it's below 17 and and so You know going into that 2022 hype most of that time the VIX was below 17 and that rally I started in and I don't know May June of last or this year I got below 17 kind of stayed there and now we're back below it again So it's a good chance We could be in the trending market You can kind of see that hidden shillers pattern there right if you look over to the early 2022 You see I drew a blue line and a red dotted line there So, you know, this would make you know the right shillers about equal to the left shillers and all this other stuff So it looks pretty good. We're actually having a sign of strength Right before we're hitting the neckline neckline against around 4,600 or 4,600 on the SPX but I wanted to point out yesterday on the SP will SPX we're testing the previous high of October and Now we jumped above it. I wanted to point out if you look at the VVIX to VIX ratio It was making higher highs when we were testing the previous highs on the SP And that would suggest that we're going to break through the previous highs of what we had in mid-October And sure enough we did we broke out today So that's why I wanted to point out there fantastic Tim. Thank you so much for joining us again It'll be on Thursday always great having you on Thank you folks. That was Tim order the order oracle again That is odd hyphen oracle calm go check them out folks. Thank you so much for joining me today We'll see if Thomas back tomorrow again Larry's webinar tomorrow at 8 a.m. To noon Eastern time sign up for it Folks have a great rest of your day