 Let's get over to our man, Mr. Tim or as we do every Tuesday and Thursday and don't forget folks You can get hold of Tim every trading day at odd hyphen oracle calm nuts odd hyphen oracle calm Tim or I'd hope you had a great Thanksgiving lots of turkey lots of ham lots of food Yeah, yeah a little bit too much. I like to eat and that's my problem. You need to man. I'm telling you man I'm here so Everything everything went well that's about yourself. It's I cook two turkeys For leftovers over. Yeah, I love it the two turkeys plenty of stuff in plenty of yeah, it's pretty cool Okay, so my good wise that yeah, I have your shots which which do you want to start with number one? Yeah, just start with one ex who kind of you want to look at the bigger picture Kind of work back and see where you are in the bigger picture. Okay, awesome And and we talked about this chart before so we're kind of just updating it. Yes, but from the 2020 low up to the 2022 high the market pulled back Right at 50 percent retracement. Yes And so if it pulled back down to 61.8 percent retracement that would imply at best You might see a double top, but it's only did with 50 percent retracement and actually well interday it hit 50 But it closed actually above the 50 But okay anyhow We had a rally up and now in my opinion. We're making a right shoulder Up ahead and shoulders bottom and we probably completed the shoulder on October We had on the monthly chart there was poured around 4200 and on the weekly chart there was poured around 4100 and actually the weekly hit right on the money the monthly hit right on the money and Now we're having a decent rally off the October low and We're going up and and now you you guys say okay, so where are we and so you go down to the bottom window? Yes, and because you go back and look at the last top and October of 2021 which is that kind of shaded pink area, okay? I I noted you you went up made higher highs on the SP there But if you look at the bottom window, which is the SPX VIX ratio. Yes, you made lower highs, right? I see that and yeah, so you got a bearish divergence there and actually we got out in that that We kind of stayed out and didn't go now. We got out. So now you look at where we are right now The S&Ps have not hit above the previous highs yet Which is up around that 4600 if you notice down at the bottom, which is that blight blue area is the SPX VIX ratio made a higher high that well the ratios lead the S&Ps They're all what what that implies the S&Ps will hit a higher high above the previous high And when you're looking at this folks This is so cool just go down to the very bottom You're going to be able to see where the at first Tim put the arrow where the first high was right and you can see That that ratio had gone down and then when you go over for the second arrow You can see how much higher it is. This is pretty cool Tim. Wow amazing. Yeah, it's pretty cool Well, there's there's more to say here too No, I got a dotted line across the around the 4600 area Okay, I see it and that that dotted line represented represents the neckline Okay, and the dotted line is actually the previous highs we hit back and looks like about July of this year And the market fell back and so now we're going up to that Test that July high Well, you already know you're going to broke it break it because the bottom window says The SPX VIX ratio already made a higher high Suggesting the S&Ps will make a higher high. Yes, that implies you're going to break the neckline Right. Yes. So now now if you break the neckline You need it with a sinus strength to really confirm ahead and shoulders bottom, right? But you already know you're going to break the neckline. So this this Current rally has started in November probably going to run into December I bet you that we will break that neckline 4600 with a sinus strength And if you do that confirms the head and shoulders bottom and that would imply the head and shoulders bottom But if you do the measurement, the head and shoulders bottom has a projection up around fifty seven hundred Which is about 20 25 percent Substantial right now and when Tim next year would be an up here exactly I mean Tim says the sign of strength folks That's why price spread accelerated volume. That's what you're looking for going through it You know, it's so cool Tim man that like right now, you know, we we had the expansion going up You know be going sideways for five days and normally that's what you got to go sideways folks to build cars To basically get that type of energy. So it's pretty cool that we're building cars right underneath this thing You know what I'm saying? Yeah, that's exactly a one one say two because you don't want to break that trendline until you got enough You know cause yes, and a sign of strength. So I'm thinking a sign of strength is going to come here I don't know probably in December, you know, it's hard to say. I don't know what it's going to do You know, it's so narrow so quiet right now. This is a quiet before the storm. I think no listen And a window dress window dressing starts at the end of this week, man You know, yeah, maybe that that's it Here's flip the foot to chart two real. Okay And this is kind of a little smaller group and this is kind of Yeah, I'm actually trying to prove my point about this is the SPX VIX ratio Yes, and so you go you go back and look at times other times when the ratio went higher or lower and see what happened Okay, go back This chart goes back to 2019 I think but anyhow back in at the March of 2000, you know the COVID decline Yes, well that market was was making higher highs. You can see which is the yeah I see that two thousand twenty in that ratio was making lower high So that predicted that top and that's the first circle folks. That's the first circle on this downhill. Okay, cool Yes, yeah first one. I could have gone back further and made my point even more, but I'm like a thing remains You kind of just repeats itself. Yes, so But yeah, then this is a giant This is a weekly chart instead of a monthly chart the same thing happened. Yes, please make higher highs the ratio Which is the second window up from the bottom makes lower highs. That's bearish. Yeah, then we'll go back and We repeat this again back in April May of this year The ratio is making higher highs and the SPX is just going sideways, right? and Anyhow that predict the market is going to go higher and now currently we're making higher highs again on the weekly chart a Second window from bottom and the ratio is actually at the moment or the SFX at the moment is still making lower highs So When's the rally going to start, you know, it hasn't ended yet So We may see a decent December is what it kind of looks like. That's so Santa Claus looks like he's gonna be coming Yeah Santa Claus look like he's coming and actually go all the way down to the bottom window. Yeah, that's the VIX Okay, and and along the VIX kind of keeps making lower lows and anything below 17 Usually you're you're in a trending market and all the blue shaded area on this chart is when the VIX has been below 17 and we're 12.68 right now folks 12.68 stay right there folks Tim and I are gonna be coming back down down industrials right now trading Trading up a 62 you get the NASDAQ up seven S&P's off three and a half Don't forget folks you can get hold of Tim at odd-oracle.com Tim and I are gonna be coming right back folks Welcome back folks that Tim or Tom over and we do appreciate your growl on a problem with us We have Tim going through these markets for us folks and the bottom line, you know You've been listening to us long enough here Tim's been on cool quite a while now. He hit it in gold Bottom line the hitting it in the S&P and I can tell you Tim, you know these ratios. I'm loving these ratios, man You know, we know that there's no crystal ball, but I can tell you something man These ratios are really cool man that they just make a lot of sense Discovered them years ago and and well, that's a score to another ratio, but it's going to chart three real quick. Okay and this is short term, so we can't we look at the bigger picture and Then we went to a weekly chart and now we're going to kind of get down to Morse than nitty gritty. Yeah, right? So and The middle window. This is a daily chart and it's a middle window is a TLT VVIX ratio. Yes, and It kind of really gives a good view on a real short-term time frame And so you got the bond market and you got the VIX of the VIX kind of give you a positive your burdens or negative virgins and again if you look at July This ratio is going Going making lower highs while the S&P's are making higher highs. There's another reason why I got out in that July high Yes, I got back in The light blue area is the market You can see there a little bit mark was making lower lows and that ratio is making higher lows and that Spurred the rally now you got a market to kind of go in sideways and it's ratios going down I think you're probably going to hit one more new high here on a short-term basis And you're probably going to see some sort of consolidation probably the first or second week in December Okay, and nothing serious But if you look on the bottom chart, which is the SPY there's a gap there at 4 4 4 oh And I think you may hit that gap. Okay, what I'm thinking and And it needs you know this Marcus Berkeley, but gone straight out. Oh, yeah No, I'm with you there. So, you know, that'd be that'd be quite a pullback though for 40. I get it I'm gonna go ahead No, I'm just saying that'll be quite a pullback for 40 in the spy word 454, but I see that it's a monster gap I see what you're talking about Yeah, it's a monster gap there and if you do I probably should have put a Fibonacci relationship in there, but it looks like about 31.8% retracement, you know, if you kind of eyeball it Yep, I'm gonna do it right now for you. Yeah, look at that. Yeah, it's it's actually Yeah That 20 Yeah, it is now it is exactly just said yeah cool man. Okay. Yep. Yeah, I was just eyeballing I have really done it but I kind of watched Fibonacci relationship So that'd be a bullish thing that replied that consolidation does happen done so far. I'm not saying it's gonna happen I'm with you. I'm starting to see signs that it may happen up for it that way Yes, and so you get it a normal retracement of you know, 30% or whatever And that's probably the halfway point of the move up then I think you get to sign a string My opinion, you know kind of explosive move through that 4600 area, which is where that neckline is right and you get you get the rally going and kicking off and and whatever I think that's that things may change, but that's what a possible. So Tim Let's just let's let's just moment to get out of the market, right? Let's just be of a divergence here Okay, cool. Let's just go over this one again because this is really cool folks. Okay, so You know, we went through the head and shoulders folks. Okay, the head and shoulders if we get the sign of strength Through the neckline, you know bottom line you're off to the races, right? That the correlation here however, not however the correlation of Tim is saying is that he's showing you on this chart here That the first one that he got out He was actually on the year then okay because the ratio between the TLT and the VDIX was going down And you can see this right now. It's starting to go down So what you're saying specifically Tim if this keeps going down that'll be giving us a heads up that hey The S&P could pull back and probably go after that gap, right? Yeah, cool, man. I got it. I got it. Nice. Okay, so But I think there's one little bit more rally here on the S&P's because you know, we really haven't touched a new high yet Yes Touch a new high and that ratio not touch a new high right now. I get it. I get it. I'm just trying to you know Really? It was so cool about what you're doing to Tim. Okay, is that it's not only just folks, okay? That you can say that okay one reason what some of these ratios are going higher What he's specifically saying to is that okay? We get some divergence here this ratio here, you know bottom line can say that okay We're gonna come it it's getting a little bit weaker And we may go after that gap. So yeah, no, this is great information, man. Okay, cool Yeah, so this so I'm thinking you know, this is time to get bullish and I think it's time to relax I'm still in that long position right now. That's what could that make develop, you know You know, maybe Thursday will have more information what what to do next. No for sure. No listen I am too. I know what you're saying. It's hard to stay long this long folks, okay? I Back in the day, I'd be way out, you know, yeah, you know, if you get older you kind of like, you know The only thing I let the profits run. So what's there? There's no doubt because creeping rally off the lows, you know You know, they're gonna make the shorts pay they are and it's it's the right time of the year There's a lot of things that are lined up with me between the interest rate structure and the dollar They're both interest rates are going down the dollar is going down That's telling me that hey that that puts breathing room into this market in a monster way I mean, it's a huge dynamic change. This is a change of uh, you know, well 12 20 months You know 20 months the interest rate structure has been going up Well, you got a turn like that and that's what when we were to remember when grain span and Rubin came on that's when you had to get off the air saying hey, I gotta go buy this thing That was right that was live. Yeah, all right. That was what 96 or something and that was all about interest rates, right? Exactly. Yeah, but that was 98. I think was that it was the agent contagion. It was the agent contagion. I think yeah Okay, so should we go to number two now Tim? Yeah, I just go to chart number three actually we were on the air and we talked about it and I actually want to go back to this chart Back in August. I was saying the lows probably in And if you remember me saying that yes anyhow, but which first off with what time do I suppose to have up Tim? Huh, what child are we supposed to have up? Okay chart number four four? Okay. Good. I got okay. Good. Okay, cool Yep, all right. What do you know that that first year is August 20 August August 23rd of August I said, you know The top window is the RSI for the boys percent index flash UDX ratio And I said once you go below 30 and close above 30 the bottom use the end Exactly on the radio. Well, if you look right there, it went above 30 and they get it went below 30 again And went above 30 right so so we got that bicycle back in August But the then the October did the exact same thing their ratio went back below 30 again and turned back up So it's kind of a little whipsaw, which is kind of an unusual signal If you look at all the previous signals usually when you go below 30 and back above 30 the bottom is in okay This particular time went below 30 and above 30 twice So you got two signals you got it August 20 Third signal you got an October 4 signal well the October 4 signal was the bottom signal And that's where the market, you know now is it's pretty much screaming up. Oh, it's screaming man that gold market screaming I scream and so it was kind of a little bit with a little bit of a whipsaw, but but then again It was still bullish just two times in a row. Yeah, stay right there folks We got one segment left Tim will go over these last shots for us And don't forget you can get hold of Tim at wood hyphen oracle.com Tim and I come right back folks Welcome back folks Tim or Tom O'Brien. We do appreciate your growling and prowling with us out here So Tim I did the child I have up is the RSI should I go to the first one or the the last one? So that was chart four. Yeah, we just went over which was the daily and chart five Which is the last one. Okay is is a weekly the same the same setup, but you do it on a weekly chart I see okay, and the only thing No, there's nothing bad about this chart, but that chart It's the same thing. Yeah, the RSI goes below 30 then closes above 30 you get the buy signal and We've got a bicycle in August 28th 2023 and if you notice the if you look at the Now I got some red printing there. I see it. Yes Yeah, when that chart when this chart triggers, it's mostly time the Uptrend starts Several weeks later. Okay, and so I just warned you where the bottom is and it worked to it actually as it should Sometimes it's a bottom perfectly, but a lot of times the market will flip sideways Which the last four signals did before the rally actually began So you got a you got the daily given a buy Twice and you got the weekly given a buy once and all the signals pretty I think was it Of all the signal thing was a 90% chance the signals will work But it did give this area from August until October a very important time frame for the market That way it was making a bottom and actually in my opinion has made a bomb especially today if you look at the market And well, you know, it's so cool Tim was so cool. I'm gonna put this chart up We're gonna get a few seconds, but you're talking about a sign of strength and a gdx today It's finally got legs man. I mean it's blowing away the whole Consolidation of four months and you got 32 million shares the most we've ever done a swing point up there You had to 20 29 was the last one. We're gonna do like 33 today and the rest of them were 21 So pretty cool, man. Yeah, right and you got it You know, but the pattern was for me the head and shoulder spot I think today is breaking up the neckline. Yes. No big time Big time So it's a beautiful thing. Well, listen man, it's always a pleasure Tim. We'll talk to you Thursday And always remember folks the bank and Chloe hide out the bull can run you over and thank God is always another trade June Join Tommy tomorrow morning nine o'clock folks. Have a great one. Have a safe one Right. Thank you. Thanks