 Cool. Let's get over to our man, Mr. Tim, as we do every Tuesday, Thursday, folks. And don't forget, you can reach Tim every trading day at odd-oracle.com. That's odd-oracle.com. Tim Ord, what's going on? All right, I'll take you over some charts. And actually, we need to look at the bigger picture and show exactly where we are in the market. So, Ken, we start with chart one. Yes, I got chart one up now right now. Yes, I do. All right. OK, the bottom window is the SPX-VIX ratio. Yes. And when the S&Ps make higher highs and this ratio makes lower highs, that's a bearish divergence. And going back to October of 2021, or anyhow, the beginning of or the end of 2021, you had that divergence. And that's the first third of the chart. And where I put it in pink, so the SPs were hitting higher highs, and that ratio was hitting lower highs. And that was a bearish divergence on a monthly time frame. So that predicted a pullback in the market, which had happened. And the market went down over the next one into the October low of 2022. Yes. So now we're over into the current time frame. And I put that in light blue. And the ratio is making higher highs along with the S&Ps making higher highs. So there's no negative divergence here at all. So what that implies, there's a good chance this rally is probably going to continue. But what I really want to talk about is that dotted line across the top there, where I have neckline. OK, I see it. Yes, I do. Yep. Yeah, see, I think this whole thing is a head and shoulders bottom, where the October 2022 low is ahead. The right shoulder, we finished, started off, to be the October low, I guess, somewhere in there. Though in November, we had a rally. And right now, in December, this is a monthly chart, we're breaking that neckline of a head and shoulders bottom. And so what needs to happen when you break a neckline or any resistance area, you need to sign a strength through it. Yes. So what has to happen in December, since we're breaking through that neckline, we have to have a sign of strength to confirm the head and shoulders bottom. OK. So even though December is a little bit over halfway done, we need continued strength and volume and price to push through this neckline, which is around 4,600 area. So for some reason, we just stop here and volume drops over the next two weeks. We won't have a sign of strength through that neckline. Yeah, no, this is going to be cool, Tim, because I mean, we've gone up so high, it seems like it would be hard to get a sign of strength. But we know that, listen, man, when I looked at the spies, Tim, and the cues on a weekly basis, they took, they blew away their B points with volume. They looked to me like they're big ABC structures up. So this is going to be interesting, man. Yeah. Yeah. So this rally, what's going on right now should not quit. And the volume should be steady if the volume has to be at least equal to the previous touching points. OK. And so the volume at least is going to have to be at least what November was, I'll put it that way. OK. So to really have a sign of strength. Now, if we do get a sign of strength, which probably will, the head and shoulders bottom has an upside target of 5,700. Wow. And I forgot what that was. It's like 20-some percent higher than what we are in this vicinity anyhow. So it's another, so you break 4,600, it's another 1,100 points higher than where the neckline is. So that predicts next year, you know, you're watching here could be up here. There's a lot of ifs, ands, or buts. Oh, no, I get it. I get it. It's, it's, yeah. So in the house, so it looks interesting. So, so let's, you know, so what's the sign of strength? So that's why I want to touch on neck. OK. And chart two. I got it. Yep. Yeah, it's a little bit messy, but I'll try to explain it. But bottom window is advancing issues compared to declining issues. OK. And normally the red lines show when there's two to one to the downside. Now there's twice as many declining issues as advancing issues. And that usually comes at climatic lows. Yes. Because when everything's blowing out, that's usually a good opportunity to get long. And all those red dotted lines across the chart there, or times when the two to one advance to climb was to the downside. OK. And that's actually a five day average. So it's not like one day to five day average. So you get five days of market blowing out to the downside. If you notice, they all come at pretty close to the lows all the way across here. Yes, they do. Amazing, right? So there's different ways to identify selling climaxes. And this is a pretty good way. I have other ways, too. But you want the market to really blow out to the downside. The bigger the blow out, the more opportunity is to the upside. Right. So anyhow, my point is this chart. So you get the red lines down to the downside. And what you need at bottom is a sign of weakness to the sign of strength. And there's all different time frames you can go on. You can go on a weekly time frame. You go on a daily time frame. You go on a monthly time frame. And we're going to look at all those time frames going forward over the next couple of charts here. But this is kind of a daily chart. OK. So anyhow, my point is you get a selling climax and the blue lines are buying climax. And a blue and climax is a five day average when the advanced decline is three to one to the upside. Interesting. So you do two to one to the downside five day average. And you get a three to one to the upside. Wow. And that's what bottoms are starting to form. OK. And if you notice back in mid-2022, you see all the red lines. And you start seeing blue lines right after it. Yes. Well, they all kind of happened around that 350, 380, 400 area. That's where the market was building a base in that time for the other. Selling climax, flip back to a buying climax, all kind of in the same price range. Well, over the since November here, we have selling climax going into the October 27th low. And like three days, four days, or actually what, five days later, you get a buying climax type thing. Right. And you get another one. And we just got one. We're in one right now as we're talking. All right. This is today's chart. Now, here, we're going to take a quick break. But I just want to go over this quickly again. So this is pretty cool. So on the average and the way down, Tim, right? You're talking about a two-to-one on a five-day average, right? Right, yep. And on the sign of strength, you're talking about a three-to-one, right? On the way up. Yeah, three-to-one. Oh, that's cool, man. I got it. Stay right there. Tim and I are going to be coming right back. He's going to walk us through the rest of these charts and the rest of these ratios. Dow's up 190, Nasdaq's up 80, S&P's up 21. We'll come right back. Welcome back, folks. Tim Oetomo, Brian. We do appreciate you growling a problem with us out here. We have the Dow Industries right now trading up 213. Nasdaq's up 81, S&P's are up 23. We're going through the markets with Tim. We're going through his ratios with Tim. Yeah, this is pretty wild, Tim. You know, I was saying, I had Basil on just a little bit earlier, Tim, and I'm saying, man, this feels like a 94 to 96 to 98 market, man. Yeah, it could be real interesting. You know, you had seven, most of the year, pretty drizzle. But anyhow, you're getting it. But see what I'm trying to point out, to go back to chart one again, if you can put that back. OK, yeah, there's chart one. OK, go ahead. Yep. All right, so anyhow, so let's get back to December. You know, let the neckline, we're going through the neckline right now. We have to have a sinus strength. Right. And you put the chart two. That's exactly what's happening here in November. You know, over the last month, month and a half, you got a five-day average of a three to one to the upside. Over, over, you know, actually, we're talking right now, we're having so, I'm thinking, this is going to continue over the next two weeks. Not every day is going to be an update. Right. But the sinus strength is coming exactly where it's supposed to come, right through that neckline. Yes. And that's my point I'm trying to make. No, you're making a great point. And you know, Tim, let me ask you something, right? You know, we know that when the ABC structures, you know, the A to B and, you know, like to be a straight line move, you know, the C to D does. I mean, that's what we're kind of looking at here, right? I mean, because, you know, that's my question. Is it almost a straight line move? Yeah. Yeah. Well, being an ABC or what? Well, just in general, I mean, because what seems to happen here, I mean, you know, yeah, I'm long, but I'm having a hot time even comprehending it, you know what I'm saying? It's like, OK, we already went up so much. But it is what it is. You know what I mean? It's like, you know, when these things move. This is, you're right, you know, these times don't come every, you know, even every year. No, no, yeah, right. But when they come, you got to really, you know, I guess, because I got out of the market here back at that consolidation in early December, late November. Yeah. And in that little consolidation there, I got out and I had a couple of indicators flip the bicycles on that big day down in first part of December. I should have got along there. Well, I never got along until last Friday because I started looking at all these charts, you know, what I'm missing here. What I'm missing, that we're passing through the neckline and the sinus strength should last all month because that monthly chart needs to have a sinus strength. I get it right. We just say it now, right. So, and we're also getting into the Christmas rally. Listen, I heard they had the son of Hirsch on Bloomberg today and he was talking about the Santa Claus rally, folks. Okay, it's the last five days of the year and the first two days of, he was explaining that the first two days of January. Yeah, I know, pretty cool, man. Okay. Right. So, so anyhow, you can, though, the third chart's kind of a repeat. Okay. Let's flip to that chart four. Okay. I'll take a chat for now. Right. So, we kind of looked at the dailies, you know, and you know, two to one to the downside five-day average and three to one to the upside of a five-day average, you know, got them all over the place over the last month and a half. So, this is the, I think, this is summation index. So, this is like a big, you know, to get signals from this thing, it takes at the minimum of two months to get a signal. Yes. And anyhow, the summation index is the McCall and Oskler added together, running out in a kind of, they're trying to give you a definition, but yeah, Google it, put it that way. No, no, finish it, yeah. But now, it's a summation index. A selling climax is a reading below minus 700. And on October 27th, 2023, we had 1813 minus 1813. So, that was a selling climax. So, two months from that date, we talked about this last week also. Yes. Two months from that date, which would be December 27th, 2023. That's about less than a week away. Okay. If we get to plus 1,000. Yeah. And it could be a couple of days after that. Yeah, the rules are, you know, it could be quicker than that. It could be, you know, if you get out five months, that's way too long. But yeah, I see them two and a half months. But yeah, if we get to two, on this run up on the current rally, run up, we get to plus 1,000 on the summation index, that would bode well for the next year. Right. And where are we now? I'm just- Probably a head and shoulders bottom. Where are we right now? Right, as of yesterday's close, we're 774. Okay, is that, it's going quickly, man. You have 26 over the next, you know, week, week and a half. That's going pretty quick, man. Cause the last time that you were on, which was last Thursday, I think it was only just over 700. Yeah, okay. Yeah, yeah, I forgot what it was. But, but anyhow, this chart goes back to 2007. And the blue lines are the selling climaxes. Yeah. And the red lines are the buying climaxes. If you notice, they all came at, you know, major lows. Oh yeah. You know, so this, so we had one here last year, 2000. Well, beginning, end of last year, beginning of this year. And now we may get another one. So, you know, two and, you know, one year period is kind of unusual cause normally these are all spread out several years apart. Right. But they all came at major lows. So this next rally could be better than the last rally from, you know, the October, 2022 low. So it seems like it's pretty good. But, you know, the next year could be really good. And it'd be, you know, it could be another 20% year or there about. That'll blow some minds, man. Yeah, so, you know, back to back, you know, 20% compounded. Wow. So I thought that was pretty, you know, pretty good. And so far, sentiment-wise, nobody's really saying anything about it. I kind of put my stuff out there. People are kind of like, you know, Poo Poo and me, I'm thinking now we're, you know, the fundamentals don't, don't sport it, you know. Screw that. You know, I think the technicals do. So. Well, they, you know, the bottom line is, is that, you know, if these rates keep going down, the fundamentals are gonna support quite a bit, man, because, you know, this last, you know, two years, man, the bottom line is that you've had, you know, rates that are really high and we know rates go low and all of these big companies have to do is refinance, you know, everything's out on their balance sheet, man. I mean, that's how it works. And then it's off to the races again. You know, so. Yeah, it's off to the races. So it could be pretty good here. So we got time to go over to the chart here. Yep. I'm ready. Go ahead. All right. Let's go to chart five. Okay. And this is kind of just a repeat. We got a bicycle on October 28th, 2023. Matter of fact, I had a bunch of different type bicycles from different methods all the way from July to October of this year. Yes. All on that vicinity of that bottom. And we're talking the GDX right now, folks. Yeah. So it's kind of repeated, you know, that's a bicycle. And, and so if that bicycle, and this, this bicycle reason why I went to present it, because normally when it triggers, they usually lead about six months rallies. So this would imply this, this signal, signal that came on August 28th would rally into February. So now if that's true, let's go to chart number six. Okay. And this is momentum chart. This is a monthly chart. Yep. And these signals don't happen very often. Last time we gave a signal was in January, 2021. And it was a cell signal. And this chart majors the advanced decline and up-down volume for GDX. Wow. So it is everything geared towards the GDX. Yes. Yeah. You got a break coming up here, so I can wait. Yeah, awesome. Just stay right there, folks. Okay. And the last two charts we've been going over folks is the GDX and the gold market. Stay right there. Tim Ward and myself are going to be coming back now. Don't forget, you can get Tim's newsletter by going over to odrd-oracle.com. Let's od-oracle.com. Tim and I are going to be coming right back. Welcome back, folks. Tim Ward, Tom O'Brien. We're discussing right now the GDX. Go ahead, Tim. All right, GDX. Yeah, the chart number six is the monthly GDX. And the bottom window is the monthly cumulative up-down volume for GDX. Second window up from the bottom is the monthly cumulative GDX advanced decline. Okay. So you got the volume, and you got the advanced decline. So you got all the statistics on GDX. And this is a momentum chart. So it doesn't like whip up, whip down. You know, you get one week of sale. This is, you know, with these signals, you know, you got a sell signal back in 2012. That stayed on a sell signal all the way to 2016. That's heavy. I see what you're saying. Yeah, so the momentum of the advanced decline and up-down volume were down for four years in a row. Wow. And so then you had a two-year rally from 2016 to 2018. Yeah. Then a sell signal, you know, about a year and a half, then you got a buy signal, gave you a sell signal in 2021. And so over since January 2021, the last time you closed it down below the Bollinger Band, my signals are closes below the Bollinger Band. Yes. And that's your sell signal. So right now you really had a hard time making money in gold stocks, because in general, they just weren't performing. Right. And that may change here over the next couple of weeks or next month, because it's a monthly chart. Okay. That ratio gets above the mid-Bollinger Band. That's, you know, the bottom window, the second window up. You know, you've been chopping around on the, you know, kind of chopped down and there's kind of building some strength that they're going sideways. You've noticed the Bollinger Band are starting to pinch in a little bit on both of them. I just put another shot up so they can see it. Yes. So you get a kind of narrow trading range here, but these are all minimum charts. Once they get above the mid-Bollinger Band, they usually stay above them all mid-Bollinger Band, you know, at least a year, if not two or three years. We'll take that, baby. Favorable. We'll take that. Listen, Tim, thank you so much for the education. You have a great one. Have a safe one and we look forward to speaking to you on Thursday. All right, thank you. Okay, have a great one, folks. Have a safe one. Come back and visit Tommy tomorrow morning. Kicks us off at 9 AM. Great show, folks.