 Let's get over to our man. Mr. Tim ord from the old Oracle and don't forget folks You can reach Tim every trading day at odd or D dash oracle dot com That's odd or D dash oracle dot com Tim ord. What's going on? Well, I sent you over some charts. I have over here. I have them All right. All right. It's chart. That's a few chart number one. Okay, which is the bullish percent index What's bullish percent index for the gold miners index? Yes So it does is actually major percent of stocks that are pointing to your buy signals So oh interesting that that a point and figure buy signals, right? Yeah, it's a point and figure buy tone. Do us see okay Okay, cool So anyhow What I did was I made a ratio out of it. Okay, I put the bullish percent index slash GDX ratio Yeah, and I and I tried just using the bullish percent index RSI on it and didn't really come out well So what the thing does is actually when this bullish percent the buy signals and The gold miners index really go through the floor and GDX kind of stays is pretty close to the same price That's when the RSI drops down Okay, so you want me to repeat that? Yes Is there any out when the when there's left when the boys When there's a bunch of cell signals going on okay, and GDX it really doesn't move down much nice when the RSI goes down I get it. Oh So it's only I was coming a usual indicator But it works well if this chart goes back to 2008 looks like well, you know Tim is that I think you probably have we were doing workshops that you were probably there when we had Tom Dorsey there too, and he was doing he's all over point figure. What happens at point figure folks It's a great system, but it's always slow So this is pretty cool that you did that ratio man. So I get it. Yeah. Yeah, right Yeah, the yeah the ratio the ratio speeds everything up and gives you closer to where you need to be right and Yeah, I was there with Tom Dorsey Yeah, anyhow Anyhow all the blue lines there are the times when the RSI of this ratio got below minus 25 or as I put this chart on this morning was about 15 and 15 point five nine Be exact. Okay, and so and so it kind of measures of plunges And so plunges are really good for the market. You don't want the market gradually go down Oh, yeah, with the market just screen down where I mean down with all the opportunities arise Right, so I do a lot of stuff with panic and oh, yeah Surges and down surges and all this other stuff and that's where all the opportunities seem to rise So right now as we're putting this update on where I wrote this But this chart sent it to you as 15 point five nine anything below 25 is a buy is a buy signal Okay, it really won't you need the momentum to turn up and it really hasn't turned up yet We're just saying we're probably hitting the floor right and Well, listen to this this is minus 25. It's probably even though it's after the low That's probably when the the rally really starts So and also I want to talk on GDX here. I have a red line drawn across the GDX chart We should write below that. Yes, I see that And if you notice that we're like smack on a on a trend line there Kind of the highs and lows we did fall below last year in the August decline But we're at a sport area too when we got an oversold condition here on the RSI So we got a quite a bit of evidence that we'll probably have some sort of snipping a low And would you also have here, you know, let me pull this chart over here Just so you can see it folks and Tim can see it too But you're coming into the strength that we had coming off the bottom and we had 39 million shares There's only 9 million 9.8 million. That's it. You know, you already rejected that low that rejected 2816 and the low is 2820 and I a trade in a 2832 kind of wild. Yeah Yeah, so actually the Not change that but but this is a weekly chart. Nice. So nice. Yeah So there's something developing right now as we're talking we've been saying this for last couple of weeks and nothing's really happened But something is really developing on on a bigger time frame these signals that when they do trigger If you go back and look at time, you know, those signals are a year Sometimes even longer so We're looking at you know a rally that may last into next to July August September. Yes, so So yeah, let's flip to the next chart. Okay So The bottom window is the now. This is a daily chart. So it's okay. It's the shorter term chart and We've been talking about this chart here I think going back to July and yeah, and we have pointed out on the bottom chart is the DDX up down blowing percent with the 50-day average and so every time it's got down below minus 20 I always said that you know this client is over Well, the client's over what happens over the market flip sideways, right? And that in that sideways pattern can last That one in the last six months and the other one had four months. We're two months into it right now You're I've been crazy, right? Yeah Yeah So and now we need to close above zero We did have it last week never kind of fell below it were minus about three and a half as okay We're putting this update on but it really needs to get above 50 and there's zero rather and stay above zero Yes, that's when the majority of the rally begins and that's all that blue area on the chart I said been above Zero that's when the meat of the rally starts and so we're kind of above it We're kind of below it, but you know, we may go sideways could go sideways for another couple weeks Don't know but going back to the first chart We're at a bottom, right? You know the declines over can we you know wind around here for You know days or even a couple of weeks, you know, maybe maybe not I don't know, but anyhow the declines over we're going sideways. This gave a signal back in July We're already gone sideways for two months now. And so, you know, maybe we start this month Maybe we start next month don't know but we are going to start at some point a rally And you know, this is how these gold stock is it seems your time to start running out hold on Yeah, and you know, it seems Tim. This is how these gold stocks always trade man I mean, do you know what I mean? They they drive you up the wall and then when they come off the lows man Holy cow. I mean they come off like a rocket ship. So it's really interesting stay right there folks Tim and I are coming right back. We have the dial industrials up 52 Nasdaq's down 127 S&P's are off 17. Tim and I come right back. Don't forget you can get hold of Tim every trading day or Rd dash oracle.com Tim and I come right back Welcome back folks. Tim or Tom O'Brien. We do appreciate your growling and prowling us out there We have the dial industrials up 64. Nasdaq is down 115 S&P's are down 14 and a half. Okay, Tim. We're ready All right, let's go to that chart number three. Okay Okay, chart one was a weekly chart. Yeah, that was showing that the market is exhausted to the downside Chart two is a daily chart and it's hovering around zero needs to be above zero would really say the short-term trend has turned up But it's at zero and this is a monthly chart So this looks at the big picture and it goes back to 2010 and what the chart is the bottom window is that The accumulative of up-down volume Percent okay major the up-down volume in that GDX the next window higher is a monthly advanced decline percent for GDX So it's basically Really shows what the market is really doing internally. Yes, and what I've found out that the bottom window Which is the up-down volume actually Has more of a meaning to what GDX does and actually the advanced decline and I don't know why that is but All the signals are more reliable off the up-down volume percent. Okay, and I I Had another chart But it got late in a day. I didn't email it over to you But I put a Bollinger or a percent Bollinger band on that bottom chart Yes, and what that tells you the percent Bollinger band tells you when you're hitting the upper Bollinger band or the lower Bollinger band Right and went back it went back in time and we're actually hitting the lower Bollinger band We did that back in 2019 and also 2016 So it's kind of a rare event and we hit it twice here over the last couple of months I think it hit in July and we're hitting it right now again where this Up-down volume on the monthly time frame is actually below the lower Bollinger band and previous times had done that It was at a significant low as you can just look at 2016 Sure, and also 2019, you know and the market had a you know, basically a multi-year rally Going from that point on so I'm assuming We're doing the same thing here, but the market to really say the market's an uptrend is when the the up-down volume percent Closes above mid-Bollinger band Now sometimes you get a little late if you look at 2019 the rally's already going on for about You know six months or better So it's kind of a late thing, but that's confirmed that you're probably in an uptrend and this thing's and that doesn't really wiggle a lot They get false signals That would make sense because you're in a monthly rights. I mean so the cool thing is you could you could use it They could use your dailies and weeklies in order to figure out where you're at And then once the monthly turns it's like heaven on earth. Yeah, right? Yeah, you just basically you should be long You know and this is if you look at the bottom window there that down volume It gave a cell signal back in 2021 and it didn't really budge up or down Pretty much just kept declining. Even though if you look at GDX it has some significant rallies in there But overall it was pretty much of a downtrend That's why I kept saying that you know a lot of these gold stocks just got the crap beat out of them Right and they remain and beat out of them and that's a good thing on a longer term basis But on a if you're trying to trade or if if you're Notice if chances are if you if you bought after 2021 when this thing turned down You had to trade that particular gold stock that most likely went up and came right back down, right? So I'm looking at the time now We're probably entering that actually you can hold on that gold stock once you get above the mid-bolinger band So it won't be a trading range. You'll be an impulse wave. Yes Similar to 2019 and 2016 you hold on and most and the stock most likely Over you know this once these signals are generated if you look the signals there there they're two three years, you know Well along, you know last cell signals get to 2021 in general. That's still on a cell signal But I got some other and you know acts I showed you into some other indicators that well the client's done And we should be turning up So once this thing turns up it becomes a trending market, so right? We don't have B. G. Oh, and we're like A. M. It's been a garbage up and down market over the years Yes, you know since 2021 well chances are this thing turns up We're gonna start making higher highs higher lows and won't be a trading market anymore And that's my whole point of this chart, right? So This I'm saying this is Next time we do next Tuesday, I'll show that Bollinger ban on this chart and show you where it is No, we'll probably set that at a significant low here on that. Yep. I know I can see that I mean, I love how they're coming in testing those strengths with dramatically lighter volume We know how I mean, you know, it drives everyone up a wall I know how that works, too But you know the bottom line is that you're coming into strength even when I was just looking at AEM, you know It's today, you know it rejected $46 79 cents and the volume is 1.5 million and it's coming at the 75 million. It's like really Yeah, I mean that's about as intense as you can get. You know what I mean? It's like, okay Right. Well, I'm thinking you know, you know, we were at you know back in the 2000 remember that turn up back then Oh, yeah, I'm I'm thinking something similar is happening here because this market really hadn't done anything Right. It went down from 2012 2016. Well 2016 Market was basically a trading market. We're still in trademark because this these two indicators Pretty much when you know, they went up and down, but they pretty much went sideways So I'm thinking we're building a huge base. I think you know time will tell but I think this is similar 2000 yeah, where nobody kind of believed the gold market because everything's kind of set up for it But at least we're going to get at least a year or two or longer probably this a two-year rally If this thing gets above the mid-Bowlinger band, you know, we can count on at least a two-year rally And the thing that's amazing folks is that when Tim says no one believed on it Including all the gold CEOs because I was doing all those gold shows and these gold CEOs were looking late like me I had five heads man. I'm telling them. No, no, no, no, everything's gonna go up and they're looking at me Yeah, man, Tom, I hope you're right, but I think you're out of your frickin mind. That's exactly they say So but it was kind of a unique time in you know period But you know it it all is all numbers if you know, yeah things do go up and and they peek out We'll point that out, right and we'll have indicators that say, you know, we're pretty extended here So which will happen No, no, but that you know, we know that the gold market loves to extend itself. There's no doubt. Yeah Yeah, so we can We got I got two more charts that we got you got time. Oh, yeah, yeah I'm gonna bring you on the next section to we can do I'll go to the next one Then we'll take a break and we'll do the next one. All right. There we go. All right. Okay, okay, this this is Point out this chart it I'm doing a lot of stuff with the VIX because VIX shows fear Yes, and and it appears it doesn't work You know your optimism they kind of worked on tops but momentum works a lot better on tops when things get out of hand They call it. Oh Parabolic, yes, you know, you see a parabolic movie you gotta get out, but anyhow Bottoms are a little easier to pick out because everybody is kind of like a atom bomb going up everything right explodes out right, so I do a lot of stuff with the VIX and You know, I think we're going yeah, and wait right there folks So Tim and I are gonna be coming right back. We have the Dow industrials right now trading up 67 that six down 123 S&Ps are off 16. Don't forget folks. You can reach Tim every trading day He has a great newsletter at odd or D dash oracle commas or dash oracle calm tonight come right back folks Welcome back folks. I doubt I was up 70 in Aztec's down 121 S&Ps are off 15 and a half We're talking about when I'm in Mr. Tim wood and right now we're talking about the S&P. Okay, Tim All right And yeah, the bottom window is the VIX which my senator over to is 1509 anything below 17 lot times you got trending market Yeah, you can have pullbacks, but using that big ones that Otherwise this thing would be going through the ceiling so whatever's going on right now. It's probably not a Big decline lease not yet that may change But if you look at the next window up, yes, the x-bix ratio And I've done this on a weekly time frame and a daily time frame daily time frame Which is what this one is here. There's a little bit more mess here But if you know how to read it, you can still see the signals and basically How to get a signal when the S&P is making higher highs if this ratio is making lower highs is usually going into a top Okay, and all those the pink area or there with the red lines pointing out where the S&P's made higher highs it and The SPX VIX ratio made lower highs. Those are all worthwhile highs going back. Well here if you notice On the right window there You know the obviously the S&P's has not made a new high here We're still quite ways below the previous highs of what July But if you look at the ratio We made a higher high barely, but we still made a higher high. Yes to me. That's a bullish diverging I can see that that's this that's the second one down, right? Yeah, yeah, right now I can see it. Okay, cool. All right, right Yeah, second one up from the bottom the bottom one right second. Yeah, I have it. Okay, cool Right, so okay, that ain't supposed to happen. Right. Oh, it does happen some Weirds going on and the VIX kind of confirming it. So I don't think any worthwhile top is forming here I had a projected a pullback around a 444 on the SPY's and We hit it yesterday, and we're kind of into it today a little bit You know, we made a lower low. Well, I can see what volume is going to come in but Oh Anyhow, this is a bullish diverging. So I'm not very sure at all I'm thinking we're gonna go back up and actually break the previous high of July And that's about the most deviant thing the market could do right break a high in September Yeah, and so anyhow that high it'll be very important because Say we do one break that's say this indicator. It does work and implies we're gonna go back up That's the high because the SPX or the SPX fixed ratio leads the SPX Yes, well if it leads this says we're gonna go back up to the old high and the SPX is still blow its old high So we're gonna go back up the old high now if it does And this ratio makes a lower high. That's where the top comes in. Yeah, you know, I'm saying with you Well, you know, it's so intriguing like when you look at this folks, okay, so You know the the trend that we had coming up You know, this is the spy I'm looking at now, right? The bottom line is that you didn't you didn't even do a point three a two retracement You did just over a point two three retracement, you know, I just put it up here So I mean that's you know if you deal with Fibonacci sequence That's about as strong as you can get so that you know, I know this sounds bizarre But bottom line is that that's how if you're Fibonacci believer, that's how this sets up man Yeah, and so that you know this SPX mix ratio kind of say it's the same thing Yes, it's for some reason we're getting strength here. Why I don't know don't care But you know, you got to believe the indicators. Well, maybe this time won't work Maybe you know, but the odds are against that. So right let's flip over. Okay. I have lost the last chart Yeah, and this is the SPY because volume seems to work better on the SPY than on the SPX So now so I use the volume on the SPY this SPY chart and the blue area is where The I recorded the ticks and trend every time the ticks and trend got panic levels Yes, that's why all those numbers are on there. I got one point seven nine You know a trend and four and forty down tick readings are four and fourteen So I recorded all those down tick readings and the trend readings that turns out in that blue area And so when you go down into that blue area Once you start seeing panics and the ticks and trend it will continue to show panic in the ticks and trend And once you get into that area and we're airing it right right now Yeah, as we're putting this update on and the trend and these What I learned over the years the trend read needs to be at least one point two Okay, just show panic and we got as we're doing this like we got a trend of one point two We had at ticks yesterday of minus Where a trend yesterday of one point one four that's not Really a lot of panic, but anyhow if we go forward here for next couple of days tomorrow I bet the trend will start reaching one point two or higher over the next couple of days I think that's gonna say that's support and we're gonna end up at the buy signal And we're gonna go back to the old highs the reason like the old highs you go back to chart four, okay? Because the SPX VIX ratio says we're gonna go back to the highs Well, what a great breakdown man unreal. Yeah, so now you'll be you know the market can prove me wrong But that's how I'm coming up with the theory that we may go back to 460, which is basically the July highs And what happens there? I don't know right, you know to me I think it's probably could be a some sort of a high and it could be a worthwhile high I'll have to wait and see you don't know. Yeah. Well, you know, it's so interesting to Tim I watch the dollar a lot. Okay, and if we put the dollar up here watch this You know the the S&P and the dollar go like tick for tick that's if the dollar goes higher You know bottom line S&P goes low and when you take a look at this The S of the dollar So we're at is that this number here the number it took out a swing and it's having a hard time staying over 104 699 we're at 105 0 0 9 and You know, it's just like you just and we had we'd already come down What happened is that we already come down with conviction You know about a week and a half ago and then what does it do at the bottom line? It goes right back and Breaks the trend line and goes above it again, but just barely So, you know when we look at everything that you have and I look at this it's like, you know what between the S&P and The gold market, you know if we get that break That's what's gonna because every time you take a look at the gold contract Of course, you know all those highs that we were talking about. That's when the dollar has also failed I mean, I remember when I started the gold reported 282 dollars the dollar the dollar was 121 121 50 and then it went all the way down 89 that's that was the number at 2000 To 2011 that was that the longer run. Is that while so, you know, that's it's amazing. Yeah, so But pretty cool, you know Yeah, but we should start seeing panic as we're you know right around this 4-4 range because this is kind of where sport is So well, yes, it's amazing. It's amazing expression week. No, I know It's amazing out here time. Yeah, 67% of September's were up So the odds are saying we'll have some sort of a rally. So this may be setting up Of all the days to trade to think Friday's are the best day to trade it I think they make you sweat over the weekend. I love it. There's some whatever The market gods want to do. Yeah, make you sweat over the weekend. Well, you know, it's wild is that you know No, I'm with you because on the open today, you know, we had that trend run to 137 man It's like, okay, you know Well, listen Tim, it's always a pleasure, man You have a great weekend a safe weekend. We look forward to speaking to you on Tuesday Thank you