 Let's get over to our man. Mr. Tim or as we do every Tuesday and Thursday and don't forget folks We are coming up this Thursday I've am Mr. Tim or it's going to be doing a great educational seminar fire from 4 to 5 30 And what is that all about? That's the secret science of market tops and I'm telling you man This is like 1999 would have co gone up a hundred bucks in two days There's no doubt about that But as you come over to our website at TFN you're going to see it right under featured content Just hit that button. You're going to be in a great workshop coming this Thursday 4 to 5 30 Eastern standard time if you want to understand what Tim is looking at at Market tops and you know, we'll see how much this thing's going to get stretched But the bottom line is that it's quite a market Tim or what's going on brother? All right, I think you some charts over. I have a very interesting. Yeah, I bet Go through them real quick. Okay. I'm ready All right, chart one. Yep This is the The middle window is the VI X to VVX ratio. So This to Vix's is the Vix of the Vix. Yes against the Vix So anyhow, it works pretty well. We could go through an explanation why this works, but I said this out Morning, I don't know 10 11 o'clock to my time. So he probably got it around noon But this ratio just hit a new low. Yes, so this ratio Is now hitting lower lows as the SP is hitting higher highs and that's actually bullish. Yes So the one I printed this it was still showing a bearish divergence So that has flipped the bullish Why I don't know don't really care the Vix is 11.99 right now folks Yeah, yeah, we're gonna go over all these things. So cool next window It was a little bit and they're chart two is it just shows a little bit clear what's going on. Okay, but again that ratio the ratios is flipped on this side instead of The first one or the first chart was VIX to VX ratio The second chart is the VVIX to VIX ratio, which is the same thing You just reverse it goes into trend of the S&P's So when the S&P's was hitting higher highs you want that ratio to hit a higher high and Again when I did this this morning It was not but now it is so both those Types of rare the VVIX VIX ratio is now bullish. Nice. So So yeah, let's go to chart 3 and I'm a big fan of the VIX VIX normally rises Before a top happens so kind of VIX Leads away, I guess you might say yes, and you can't really see it down there at the bottom I should have made that bottom a little bit bigger But the VIX is actually hitting lower lows as the S&P's is hitting higher highs and that's the blue area Okay, you'll have an open gap Back in the like about mid mid November that gap is still open We actually had a gap about four days ago to the market ran down and created a gap. So anyhow Gaps usually get filled at some point It could be a month away, but not usually like six months away So this gap then get filled this month will probably get filled in January But that remains to be seen. I also have a Bollinger ban on this on the SPY chart Yes, and we're just starting to hit the upper Bollinger ban right now. You can kind of See it on the SPY is there in that blue area. Okay. Yep. I can bring this over to here. Watch this folks Okay, as Tim's talking I'll bring another one over. Yep. You can see that clearly. It's definitely right on it right now Yep. Yeah, you're right on or maybe a little bit above it. Yep It's a lot of times that will stall the market last time we ran into the upper Bollinger ban where he closed it up was back in November For right where that gap is when the gap right I see that gapped up the market And it kind of really puts resistance on the market It's not necessarily a top but usually at least that minimum stalls the market Yeah, throw it sideways for five or six days exactly. Okay, cool Yeah, so it started then and you know then to kind of work tire and stuff and so we're starting running into the gap area this week Which is Seasonally wise is the fourth weakest week of the year really so all the all the weeks of December this week is usually a down week and all the weeks of Or actually all the weeks of December this is usually a down week and all the weeks of the year which is pitch two weeks This is the fourth weakest week of the year So it's usually at best sideways and right now we're still going up at today's Tuesday Yeah, and we're starting running into the upper Bollinger ban. It's nothing real bearish here because of the ratios. We're looking at or actually Pretty bullish all set for one. So I'm thinking this market is probably going to hold up This week, you know, this is also expiration week. Oh Yeah, so you can get you get some screwy stuff On December especially December is kind of a little bit different than all the other Did you hear me, Sam? We had Wally I missed that again, what would you say I said we had Wally Wednesday the wall and yeah, we're yeah that wall and Chuck That's uh, that happens tomorrow. So but we got an unusual strength. We got you know some minor stuff running here But nothing nothing major So I actually flipped to chart four. Okay This is now This is not the short term. This is what you really want to see here We the second window up from the bottom is a summation index and you want to have a selling climax Below minus 700 which we did I forgot what date that I think that was in November 27th Okay, and then you want to have a sign of strength within in two months for the From the summation index to go blow minus 700 which it did then you'd like to see a sign of strength to a thousand around two months what two months is December actually is October 27th. So it'd be December 27th, which is a couple of weeks away Yes, and we're kind of our target here So we need to get to plus 1000. We're from right now. We're 565 give or take okay, so if we Even though we can have a you maybe a two three day Consolidation the market really holds up and it's doing as good as it's doing right now Most likely we'll reach the plus 1000 Wow, and that's actually quite a bit bullish because we had one back in at the October 22 low. Yes, we had a summation index and we got to 1000 actually took three months And this one looks like it's on target to get two months But get to within a year of each other I think adds quite a bit of bullishness So for next year just stay there one second stay there folks, okay, Tim and I coming back in three minutes Okay, don't forget it during this break. You can come over to our website at TFN in Right in the future content. I'm am mr. Tim Ward this Thursday 4 to 5 30 sign up right now folks Tim and I coming right back Get ready Tigers Thursday December 14th Tim Ward is back to host another stellar live webinar from 4 p.m To 5 30 p.m. Eastern time Tim Ward will delve into the secret science of market tops helping you the viewer with how to effectively call market tops In order to increase your success in trading Tim Ward has developed this understanding over decades of trading and is ready to impart this knowledge on you Visit the front page of tfnn.com today to sign up for Tim Ward's secret science of market tops tfnn educating investors Welcome back folks Tim or Tom or Brian. We do appreciate your growling and problem on us out here Okay, Tim, so I'm on the the chart that we're on here is the the Summarization index. Yes, you're right Summation index so we're on target probably to reach that plus 1,000 By the December 27th, which is two weeks away. They only has about 400 Yeah, about 400 more points to go. It's already gone From minus 700 to 500 those gone. What 1200 points already So my view it, you know, nothing disastrous happens over the next two weeks So I'm probably gonna get to plus 1,000 and that suggests That next year is going to be a real You know a pretty good year if you look back, you know, I felt all the ones listed go back to 2016 Okay, you know all them when they did happen there. The red line is selling climaxes and the red line is Finest strength. Yes, and so they they produce, you know, when they get these signals Especially if you get two in a row within a year of each other Yeah, you're probably me my opinion you probably get double digits next year one into the president, you know The election year so it'd be pretty amazing after the the rally that we had, you know off the lows You come into 2024 the market keeps going. I don't know if you heard me, you know before Like right before you're coming on the SMH is they blew away this the B point on a weekly basis And it's a monster ABC up. It's like, oh my god. This is like something else man broad comps up a hundred bucks in three days You know what I mean? It's like, okay. Here we go. Yep pretty cool Yeah, and also, you know on your shows we had to I presented the head and shoulders yes Yes on the SMP's where we're working on a right shoulder and a left shoulder was The January February March April or January February period right there. So we're you know my opinion We're on a neckline right now. Yeah And so we may see a science rinks to it. So if that's the case Then that head and shoulders bottom gives an upside target around fifty seven hundred Which I think is what twenty three percent higher than that's where we are right now So there's quite a bit, you know, this has not been confirmed yet But it may be confirmed before the years out, right? So if it does I'm thinking we're gonna see fifty seven hundred next year, and you know, it's amazing Tim There's not your your for your in this market, man, you know, there's no well broad-com But there's not your for in this market. So, you know, this is the time folks when something like this happens You could actually It could come through like real easy wild man. Yeah. Yeah, I presented a Equity book all racial readings. I think it's your last show. Yes last week sometime and The 21 day which is basically a month of trading is 21 around 21 days in a month And that ratio is staying around 75. So everybody's still buying puts, you know, now it started to back off a little bit Yeah, but But that's probably you know, give some strength to it. So long as a the sentiment doesn't go nuts here You know, and there'll be a slap in the face Sometime, you know, they get similar back in order, but it won't be anything major out according to charts But yeah, I'll flip to chart number five. Okay And this is This is the SPX VIX ratio. Okay, and what it's kind of like more confirmation that at least on a short-term basis, you know I'm talking short term. This is probably a month out, you know, it gives you a good projection that You know January's probably gonna be an up month the last, you know, anyhow When the SPX VIX ratio makes higher highs and the SP's Or also make higher highs, but it doesn't make a higher high. So soon will make a higher high and this ratio Even though the SP's a couple of weeks ago was making lower highs. This ratio is making higher highs Well, so that predicted the market was it was going to break above the July high and it has So we're breaking above it right now So this ratio works in from the top window It's just the VIX and anytime it's below 17 a lot of times you get a kind of a trending market Yes, and it's been below 17 pretty much since the October low And pretty much the market has as trended since then so You know that this charts bullish great ratios It's not showing any signs of divergence Pretty amazing. That's the rally can go on this long. It's pretty cool, man. No doubt. Yeah. Yeah I thought we I got a couple of divergence here a couple of weeks ago, but yeah, let's flip to chart six real quick. Okay, and This is the TLT the VIX ratio. Okay, and this is the one I got out Back in that that's July high the reason why I got out of the market was because of this ratio, all right And it works pretty well It had a bullish November kind of early December it was making higher highs making higher lows everything was fine and All of a sudden over the last actually four days now this ratio is starting to make lower highs As the S&P still making higher highs. This is updated till today. Yes, and so you get you you get my air divergence It could be like this September high Which is the last time we had about three or four or five days up and this ratio started going down And you got a correction there, you know, three or four days for try to rally again, right? So that may be what happens here since this is expiration week And you know and his markets really done pretty good for expiration week so far Yes, you know, you may get a kick in the pants before the week sounds what that charts Maybe now it's so cool about this chart folks. This is important to understand You know Tim was on the air with us in July and see that big line down there in July So what's going on is that that ratio, you know did go negative? And then it that that it took it took a good two or three weeks Tim for the market to fall apart, right? I mean, but that yeah, but if you look at you know, we're also, you know the October low We're on the radio and I was talking about this ratio. Yes, and and I think it was on Thursday I'm thinking oh, this thing's bullish. No, no Friday, you know market turns up and I went along that Friday, right? And and so now you got three four days up So it's probably means just a minor correction here. Yes Could be three four five day and Marcus kind of do for a rest here. It's been up if today's up in four days in a row Can you have a two three day for a correction? Yeah, that may be what this charge point now, right? I love this one. I love them all but this one in particular because you know what he's doing here folks He's putting the bond market together with the VVIX. Okay, and bonds run everything. Okay, that's the real bottom line So, you know, it's this church. We're really good. Yeah seems to work pretty good at tops and bottoms and even the Have a momentum indicators, which is a top window like I see that you labeled right for this okay today show The last couple of times you get to kind of exuberant to the upside The market usually corrects a little bit and we haven't reached that yet, but we do have a minor divergence here Okay, so my bet is we'll probably if not sometime this week maybe next week You'll see some sort of a minor pullback and maybe we get down to be what last Friday's gap or something Yeah, you have a little gap. I think was last yeah today's no today's Tuesday So Looks like Wednesday's, you know the market Had a big down day the next day gapped up in up four days in a row So I've been the last Wednesday's gap. You may test that gap or stuff and and maybe that's where I get my Bicycle, I don't know right wait and see all right. So pretty cool, man Okay, stay right there We're gonna do the last two shots with Tim and don't forget folks come over that website at tfn right as a feature content You want to understand these ratios upside down? Well, guess what I'm honest to Tim or it is gonna be teaching them for you this coming Thursday four to five thirty It's only a hundred and forty nine dollars. Stay right there folks Tim and I come right back Welcome back folks Tim or Tom O'Brien. Let's tackle this gold market Tim Right you get that new chart You just send one. Yeah, okay Go ahead. Just tell me what it is Well, it's it's the Gdx and Yeah, I just sent it here a minute ago. Yeah, just go ahead. Just go ahead. Yep Okay, did you get it then I don't have it Tim, but that's all right good Was head we had a sign of strength through the neckline It depends how you draw the neckline, but it can come anywhere from 29 to 30 We're a little bit below 29, but there's a gap on November 20 21st and we're testing that gap right now What's interesting? I have two indicators on there The 18-day average up down volume advanced client indicators. Yes, and so that measures If if there's more advancing issues and declining issues Then the 18-day average on the on that time frame that indicator is staying above minus 10 So it leans bullish and also I have an 18-day average of the up-down volume So there's more up-volume than down-volume in that 18-day period that indicator remains bullish Even though the markets have pulled back here since the early December. Yeah, that's great to know man. Okay, cool Yeah, both those indicators is yes thing There's more up-volume and more advanced declining even though the markets pulling back here This is how the gold market works. It just yes, you know, it goes up and flaps you in the face Turn the round goes back up. It does But I think we're fine, you know, if the indicators were below minus 10 I'm thinking yeah, maybe we go back to the October low. That's not happening These indicators in the gap area. Yep. These indicators are totally where it's at folks. Yeah, Tim You have a great one a safe one Of course, I look forward to speaking here Thursday, and we look forward to the workshop on Thursday, man All right. Okay, and folks come on over to our website at TFNN You know, you just heard Tim go through all this it's these ratios of where it's at folks Okay, check it out the front page of TFNN right under featured content And always remember folks to back and claw your heart out the bull can rend you over and thank God There's always another trade have a great one a safe one come back and visit Tommy tomorrow morning kicks us off 9 a.m. We'll get them folks