 a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618. Let's go to Eddie and Booker Tom. Hey, Eddie, what's going on? Hey, Tom, how are you, man? I'm doing great, man, yourself? Good, good. It is a treasure to have TFNN every hour during the trading day to be there, to help you to guide you, and even to give you some peace of mind or somebody else is there with you while you're training this crazy market, either up or down. Well, listen, we appreciate you growling and prowling us out here, because we wouldn't be out here, folks, if we didn't have all you guys, gals, tigers and tigers as clients. And the market teaches you every single day, man. Now, Tom O'Brien. Folks, this is Tom O'Brien of TFNN. We've got five days a week. We go seven hours a day. We go 24 hours a day on the internet at tfnn.com. Always remember, folks, whatever you think about, you bring about whatever you focus on grows. Hope everyone's having a great day, safe day. It's making a great night, folks. Your truth is personal to you. Your own opinions and point of view reflect your own agreements and are personal to you. It's no one's truth, but your own. Not going to lie, let's take a look at it out here. We have the Dow Industries up 90, Nasdaq up 10, S&P flat. Gold, gold contract up $28.60, trading at 2,061 an ounce. You get silver up 34 cents, $25.38 an ounce, a light sweet crude up $1.59. $76.46 a barrel, notes and bonds, a 10-year note, trading up 15 ticks, 109, 15, the 30-year up 9 ticks at 1,1610, and you get the 10-year right now, folks, at 4.34. Now, the thing that's pretty cool, man, I mean, we hit 5.02. Bottom line, it's been a one-way shift right from that 5.02, which is approximately about three and a half, about three weeks ago. And King Dollar. King Dollar continues to give it up. King Dollar right now is trading down 300, 393 ticks, 102, 806, the year is at 109. He ends trading at 147, the British Pounds, at 126 to one US dollar. Our phone number's 877-927-6648. Give us a call, folks. I know it's going on in your world. In the world of the S&Ps, let's take a look at them. What do you have? Well, bottom line is you've had a run. No doubt about that. Now, you're basically building cars. We've been building cars here for five days. You got an S&P that's in an ABC structure up. 462 is the number. We're at 454. My take is that we're going to get it. We'll see how this shakes out, but that's how this is setting up. We go into the NDX 100. Now, the NDX had already broken the top of the highs. And that's in an ABC structure also. Bottom line is that you can see, though, that's clearly just blew that thing away. You're waffling back and forth on it. Same type of setup, though. You're building cars for higher price. Now, let's just go into the notes and bonds, which are running the market, including the dollar. So if we take a look at the 10-year first, what you're going to see in the 10-year is that yesterday, and particularly because we just come back from the Thanksgiving holiday, the volume exploded in the 10-year and the 30-year, meaning the buying volume. When you're pushing into swings, you push in with volume. Your probability gets much higher. You're going to blow that away, which is exactly what we did out here today. So we're at 109, and what's game here is 114. At 114, the bottom line is that that's going to be breaking the 4% mark in a monster way. Actually, 10-year, 10, let's see. Let me do it this way, because I believe I'll do it this way when we start after I do this. OK, gold. We were talking about gold yesterday, and well, we talk about gold all the time, actually. But the bottom line is that what it was doing is that we had a few equities that busted their consolidation. Bottom line, you're up $28 today. You get volume behind the move. And what you're going to see is that this is a true bust with conviction. If we take a look at the XAU, what are you going to see? Four month consolidation right there, busted. I suspect we're going to have the volume also. As well as the XAU, you take a look at the XAU. Same type of setup. You get the bust. We'll get the volume tonight. But I can tell by the amount of volume that's in the actual equities, you get a bust with conviction top side. And of course, if we go over to the dollar, what you're going to see out here is that between the dollar and bonds, and I've been talking about the fact that this is a huge turn, folks. The interest rate structure in particular. But it's hitting both. The dollar just can't hold price anymore. If we take a look at this dollar, what you're going to see is that there's just about, you have five days of support. So when you talk about support and resistance, folks, it's all about how many days that they traded, whether you're trying to bust it on the way up or bust it on the way down. And you can see right here what you have here. It's only five more days, man. This thing's going to get down to this 99,500 very fast, as is gold. We take a look at gold. My take is that this is the run that we're going to go to 2,500. So if you take a look at this GC1, it's the combination of the interest rate structure in the dollar. That's what this is coming down to. And time. So if you take a look at time, what you're going to see is that we've been consolidating for three years. And so you consolidate with three years. That is a huge amount of cause. And of course, still has got to take out the B point, take it out with volume. But the bottom line is I expect that's exactly what you're going to see. And we're approaching it, man. I mean, we're coming right up to this thing. Right now, you get the 241, and we're talking, you only need another day like this, actually. A couple of days, a couple of days like that. And when that blow stops side, get out of the way, man. Because the equities are already off to the races in a monster way. If you haven't test driven the gold report yet, folks, get over there and do it. Because the bottom line, when these runs happen, they're fast, they're furious. And my take is that it's not even, you're just, you're not at the beginning of the run because a few of these are off the lows pretty good, OK? But the bottom line is that you're talking about plenty of upside. If we look at, you know, Anglo-Chante, there's a bunch of these we own. And, you know, even with Anglo-Chante, you're talking about right now it's like a $19 stock. Well, let's go to 30 bucks, man. So, you know, the gold market, silver market is small. You go over to Wheaton Precious Metals. This is one of the largest silver brokers out there. And they're already busted top side. It's up another $46 out here today. Bottom line is that the run's on. That's what it comes down to. And you can see this one here. It gets really intriguing, actually, when you look at it because we've already broken, not only broken the downtrend, but this thing wants to make us run to the highs. And we'll see on some of these, are they going to be major ABC structures on the way up? I mean, that's what we very well could have. Dow, Dow Industries right now, up 80, Nasdaq is up five, S&P's down two and a half. Stay right there, folks. Come back with us, man. It's the Basel Chapman. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex Report. 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In the Tiger's Inn, you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas, interact with other tigers and tigeresses as they share trading ideas, news analysis, and discuss the market action all trading day, even at night and on the weekends. The Tiger's Inn at Discord is accessible on mobile or tablets as well, so it's always at your reach. To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. Toll free at 1-877-927-6648, internationally, at 727-873-7618. Welcome back folks to Dow. Dow Industries right now trading up 83, get the next second five S&Ps off two and a half. Let's get over to our man, Mr. Basil Chapman, as we do each and every Tuesday at 20 past the hour. And don't forget folks, Basil does another standing show here every trading day, 10 to 11 Eastern stands a time. Also has a great newsletter, the opening call. Now it's very easy to get Basil's newsletter folks, come over to our website at TFNN. You're gonna go into newsletters, you're gonna see the opening call on the left-hand side, you can get the opening call for one month for $149. You get it for six months for 6.95, which is the savings of $199 or 22%, and you get it for one full year for 11.95, which is the savings of $593 or 33%. Now they all come with a 30 day money back guarantee. So if you go for six months a year, if it works for you, awesome. On the 28th day, for some reason, it doesn't work for you. Just tell us, get your money back, and you're also gonna get a great education because Basil has not only a great newsletter, but on his website, on the webpage when you get it, okay? There's approximately 12 different archives that you can go through to understand how Basil looks at the markets each and every day. Basil Chapman, what's going on? Hi, Tom, how are you? I'm doing great, man, yourself? Very good, thank you. I'll tell you, we get a cold spell here, Basil, and I know this is not cold for you, but it's like 45 here, and it's terrible. Thank God it's going back to 6.65 tomorrow, but it's cold. Well, it's interesting because over the weekend, I had a son and daughter and grandkids here, and we went outside, my grandson had a, he had a play soccer outside and it wasn't cold enough. I managed to get out there and play. I love it. But yeah, what can I say? I prefer the warm weather. I know, you gotta do it. Okay, so what are we gonna look at today, Basil? So, I did this with you last week, but I'm gonna do it again, just to show, for those of you who don't see my show, The Tiger Technicians Hour at 10 o'clock Eastern Time Every Market Day, I try to identify the lowest low bar and then really count each successively peak and alphabetize them sequentially uppercase on the way up, lowcase on the way down. Peak A, the high peak is B, the next peak C, D, E, F, and G, but it's the upgrade of a buy signal to a buy mode that says you should go to at least a D. That's the obligation of this in the Chapman Wave Technique, that once you get an upgrade of a buy signal to a buy mode, you should go to at least four peaks higher, which is D. Well, have a look at this. The Dow is in leg D at 35,518, but the ninth-beard moving average is still very strong over the 14. That is really powerful. The MACD's still good, Sycastic's flat at 96. The on-balance volume's good, and so far we don't have, I always talk about this, I'll just show this chart just very briefly here. Let me just change it, make it the Dow INDU. And this particular chart I call it right here, Chapman Wave Dark News Cloud Cover. In other words, there's always something out there that the market doesn't like, but within the context of what the market does with that news, sometimes it just ignores, it's like water of a duck's back, just ignores bad news, and sometimes it becomes very important. So I'd say to subscribers when I do an hour-long video every week, an overview of what's happened, what's going on, what we're looking at, what stocks we like. So I'd say that I see some kind of short-term sell-off coming and I don't know where the bad news is going to come and I'll talk about that in a moment, but we're in leg D, the S&P, this is gonna be very interesting if I can hit the right key right there, the S&P. And one of the reasons why we went along right at the bottom, we went along a Microsoft is because I considered it was the best stock in the Dow, it was really the best stock in the NASDAQ, it was the best stock in the S&P and the XLK, which is the tech sector. So that's been a bit of a clue to us and I'll get back to that in a moment, but look, yes, the S&P makes a peak D, tiny little doji candle, and if you look at all the candles, one, two, three, four, this is like a little bit of short-term distribution as far as I'm concerned. So it says on a short-term basis, we should be pulling back, so we've bought ourselves a little protection, you've got the QQQ, that's the index 100, Pd, so we've got, and I went through about 10 or 12 of them this morning in my show, the Tiger Technicians Hour, so that just said to me on a very short-term basis, maybe we're looking at the dollar and you spoke about the dollar accurately, but I'm saying that this 102 level that we're at right now is where we were back right here and that was in, I think it was September, that was August the 30th, and in my left side, right side price time match, it's one day early to get to that, going all the way to 107.35 and it's pulled back, so this is an area that I'm thinking, there's a chip, I don't know where it's going to come from, but it seems to me, we kind of ripe for some kind of bad news, maybe the dollar has a bounce because gold has acted very well, but if you look at the GDX, that's in the huge leg D right now so it could take a bit of a breather, I'm not sure where it's going to come from, but these Ds are what I'm watching very closely. I mentioned Microsoft and that's had a, we're fortunately for the subscribers, we're long at 338, here is a 380.64, no it's a 383, round number high today, going to be watching that closely, but it's also very strong, so all I'm saying is that I think that we're in for just a breather here and how we've had a rotational, way up, it hasn't been all the stocks, I'm sure that you've even noticed it in the gold sector, that it started off with just a few, a handful that were really strong, maybe now the others are starting to move, so I think that this could be a rotational, just like a mini correction right here, we'll watch Microsoft because it's done so well, it will be giving us clues, but I also wanted to mention that for subscribers, we really long a particular stock called Symbiotic and I've spoken about this on the show here, I think for many months, we've been long since 21, it hit 64.14 on the way up, we took profits, we still hold the core position, and look at this, it balanced, even today, it was just five, six sessions ago, it was trading in the 36, 37, 38 area, boom, today it hit 59.82, I think it's also a little bit overboard, there's a leg E, so I wouldn't be surprised if we have a little bit of a pullback, but my weekly charts are still very strong, and even the technicals on the daily, so I'm just expecting there'll be a little bit of a breather, give an opportunity to maybe enter some stocks that one was looking at and got away, and maybe that'll be an opportunity, so we're talking about big Ds here, look at this, the ultra short Lehman 20th Treasury Bond ETF, the TBT, went to a peak F at 44.96, but the weekly chart made a peak D, and we've pulled back sharply, so here again, I think this area in the TBT at about 36 to 35 could see some support, so I'm just thinking that maybe, that's on a short-term basis, something happens, we get a little bit of bad news, gives the market a bit of a breather, and we're gonna be watching the different, but on a weekly basis, if you look at the TBT, I have to wait for Friday, because it's a weekly chart, but it looks very close to a sell signal, maybe even a sell mode, I don't wanna go that far, but basically it's saying that, I'll go to the TLT for the moment, it's saying, oh, this is what I wanted to show you, this is the resistance level right here that I drawn in for the TLT, so we're kinda close to that, so I wouldn't be surprised if we get a bit of a rest of this spectacular move to the upside. And folks, it's very easy to get Basel's news out, come over to that website at TFNN, you go to the newsletters, it's on the left-hand side, the opening call, Basel, you have a great one, safe one, we look forward to show you tomorrow. Wrong, Tom. Yeah, I know, stay right here folks, come right back. At the stock market, you're going to need a crystal ball, after all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts, you might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basel Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns. Finding the peaks and valleys in stock prices. 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From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be. TFNN, educating investors. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Welcome back folks to Dow. Dow Industries right now trading up 83, you get the massive up five, S&Ps are down two and a half. Let's get over to our man, Mr. Tim, or as we do every Tuesday and Thursday. And don't forget folks, you can hold a Tim every trading day at odd-oracle.com, that's odd-oracle.com. Tim Ord, 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. Me too, man, I'm telling you, man. Family here, so everything went well. What about yourself? I cook two turkeys. For leftovers. Yeah, I love it. Two turkeys, plenty of stuff in, plenty of, yeah. It's pretty cool. Okay, so my good-wise, I have your charts. Which do you want to start with number one? Yeah, just start with one. Actually, you want to look at the bigger picture and kind of work back and see where you are in the bigger picture. Okay, awesome. 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% retracement. Yes. And so if it pulled back down to 61.8% retracement, that would imply at best, you might see a double top, but it's only 50% retracement. And actually, well, in our day it hit 50, but it closed actually above the 50, but anyhow, we had a rally up and now, in my opinion, we're making a right shoulder up ahead in Schiller's bottom. And we probably completed the shoulder on October. We had, on the monthly chart, there was support around 4,200. And on the weekly chart, there was support around 4,100. 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 now you gotta say, okay, so where are we? And so you go down to the bottom window. Yes. And you go back and look at the last top in October of 2021, which is that kind of shaded pink area. Okay. I noted you went up, made higher highs on the S&Ps there, but if you look at the bottom window, which is the SPX VIX ratio, you made lower highs. Right, I see that. And yeah, so you got a bearish divergence there. And actually we got out in that late, actually December of 2021, we kind of stayed out. And then anyhow, 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 4,600. And if you notice down at the bottom, which is that light blue area, the SPX VIX ratio made a higher high. Well, the ratios lead the S&Ps. So 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 gonna be able to see where the first, Tim put the arrow where the first high was, right? And you can see 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 more to say here too. No, I got a dotted line across around the 4,600 area. Okay, I see it. And that dotted line represents the neckline. Okay. And the dotted line is actually the previous highs we hit back in, looks like about July of this year and the market fell back. And so now we're going up to that test at July high. Well, you already know you're gonna 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 gonna break the neckline, right? Yes. Now, if you break the neckline, you need it with a sinus strength to really confirm a head and shoulders bottom. Right. But you already know you're gonna break the neckline. So this current rally has started in November, probably going to run into December. I bet you that we will break that neckline 4,600 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, this head and shoulders bottom has projection up around 5,700, which is about 25% higher than where we are right now. Substantial. Substantial. And when you're applying next year would be an up year. Exactly. And when Tim says the sinus strength, folks, that's why price spread accelerated volume. That's what you're looking for going through here. You know what's so cool, Tim, man, that like right now, you know, we had the expansion going up, you know, but going sideways for five days. And normally that's what happened. You gotta go sideways, folks, to build cause to basically get that type of energy. So it's pretty cool that we're building cause right underneath this thing. You know what I'm saying? That's like, yeah. Yeah, that's exactly a one, one, say two, because you don't wanna break that trend line until you got enough cause and a sinus strength. So I'm thinking a sinus strength is gonna come here. I don't know, probably in December. You know, it's hard to say. I don't know what it's gonna do. Sure. You know, it's so narrow, so quiet right now. And this is quiet before the storm, I think. No, listen. And a window dressing, window dressing starts at the end of this week, man. You know? Yeah, maybe that, that's it. Here, flip to chart two real quick. Okay. And this is kind of a little smaller group. And this is kind of, I'm actually trying to prove my point about this, the SPX VIX ratio. Yes. And so you go back and look at times, other times when the ratio went higher or lower and see what happened. Okay. But you 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 making higher highs, you can see, which is... Yeah. I see that. 20 in that ratio was making lower highs. So that predicted that top. And that's the first circle, folks. That's the first circle on this downhill. Okay, cool. Yes, go ahead. Yeah, first one. I could have gone back further and made my point even more, but the whole thing remains, you kind of just repeat itself. Yes. So, but you know, then this is a, this is a weekly chart instead of a monthly chart, but same thing happened. The SPs make higher highs. The ratio, which is the second window up from the bottom makes lower highs. That's bearish. 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 predicted the market was gonna 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 SPX at the moment is still making lower highs. So when's the rally gonna start, you know, it hasn't ended yet. So we may see a decent December is what it kind of looks like. That's who Santa Claus looks like he's gonna be coming. Yeah, Santa Claus looks like he's coming. And actually to go all the way down to the bottom window. Yeah. That's the VIX. Okay. And as long as the VIX kind of keeps making lower lows and anything blows 17, usually 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 at 12.68 right now folks, 12.68. Stay right there folks. Tim and I are gonna be coming back down. Dow Industries right now trading up 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. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN Educating Investors. Biotech is booming, but for how long? Whether you think the Biotech bull has room to run or has run its course, trade LABU or LABD, Directions Daily S&P Biotech three times bull and bear ETFs. Visit DirectionInvestments.com slash Biotech today. An investor should consider the investment objectives, risks, charges and expenses of the direction shares carefully before investing. The Perspectus and Summary Perspectus contain this and other information about direction shares. To obtain a Perspectus or Summary Perspectus, please contact Direction Shares at 866-476-7523. The Perspectus or Summary Perspectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, Four Side Fund Services, LLC. The reality is that navigating financial markets can be risky. 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There's no cash or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. This program is brought to you by VistaGold, traded on the NYSE American and TSX under the symbol VGZ. Welcome back, folks. Tim or Tom O'Brien, we do appreciate your carol 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 quite a while now. He hit it in gold, bottom line, 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. Yeah, I discovered them years ago, and let's go to another ratio, let's go to chart three real quick. Okay. And this is short term. So we looked at the bigger picture, and then we went to a weekly chart, and now we're going to kind of get down to more... The nitty gritty, yeah. Right. And the middle window, this is a daily chart, and it's a, the middle window is a TLT BVIX ratio. Yes. And it kind of really gives a good view on a real short term timeframe. And so you've got the bond market, and you've got the VIX of the VIX kind of giving you a positive or a negative virgins. And again, if you look at July, this ratio is going, going making lower highs while the SMPs are making higher highs. There's another reason why I got out in that July high. Yes. Got back in the light blue area, the market, you can see there a little bit, market was making lower lows, and that ratio was making higher lows, and that spurred the rally. Now you've got a market to kind of go in sideways, and it's ratios going down. I think you're probably going to hit a 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 440. And I think you may hit that gap. Okay. That's what I'm thinking. And it needs, you know, this market's virtually gone straight out. Oh yeah. I'm with you there. So, you know, that'd be quite a pullback though, 440. I get it. Yeah. I'm going to go ahead. No, I'm just saying that'd be quite a pullback. 440 and the SPY were at 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 a 31.8% retracement. You know, if you kind of high ball it. Yep. I'm going to do it right now for you. Yeah, look at that. Yeah, it's actually, that 20. Yeah, it is. No, it is exactly what you said. Yeah, cool, man. Okay. Yep. Yeah, I was just high balling. I really hadn't done it, but I kind of watched Fibonacci relationships. So that'd be a bullish thing. That would imply that consolidation does happen. So far, I'm not saying it's going to happen. No, I'm with you. I'm starting to see signs that it may happen up for it that way. Yes. And so you get a normal retracement of, you know, 30% or whatever. That's probably the halfway point of the move up. Then I think you get to sign a strength. My opinion, you know, kind of explosive move through that 4,600 area, which is where that neckline is. Right. And you get the rally going and kicking off and water, but I think that things may change, but that's what a possible loop. So, Tim, let's just, let's just, let's just. That moment to get out of the market. Right. Let's just. You have 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? The, the correlation here, however, not however, the correlation that 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. Now, if I see it touch a new high and that ratio not touch a new high. Right. No, I get it. I get it. Really, what's 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 when some of these ratios are going higher, what he's specifically saying too, is that, okay, we get some divergence here. This ratio here, you know, bottom line can say that, okay, we're gonna come, 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, I'm thinking, you know, it's time to get bullish and I'm thinking time to relax. I'm still in that long position. Right. So, you know, that's what, that may develop, you know, maybe Thursday we'll have more information on what to do next. No, for sure. No, listen, I am too. And I know what you're saying. It's hard to stay long this long, folks, okay. Yeah, I know it. But, you know, back in the day, I'd be way out, you know. Yeah. You know, as you get older, you kind of think, you know, you're thinking, it'll let the profits run. So, what's that? There's no doubt because. This is the Screbin rally off the lows, you know. They're gonna, you know, they're gonna make the shorts pay. They are. And 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's going down. That's telling me that, hey, that puts breathing room into this market in a month's away. I mean, it's a huge dynamic change. This is a change of, you know, well, 12, 20 months. You know, 20 months, the interest rate structure's been going up. Well, you got to turn like that. And that's what, when we were, do you remember, when Greenspan and Rubin came on, that's when you had to get off the air saying, hey, I gotta go buy this thing, I gotta go buy this thing. That was, that was live, yeah. All right. That was what, 96 or something? And that was all about interest rates, right? Exactly. Yeah. That was 98, I think, it was the agent contagion. It was the agent contagion, I think, yeah. Okay, so should we go to number two now, Tim? Yeah, let's just go to the 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 low's probably in. And do you remember me saying that? Yes. Oh, first off, what child do I suppose to have up, Tim? Huh? How do I suppose to have up? Okay, chart number four. Four, okay, good. I got it, okay, good, okay, cool, yep. All right, what do you know that first chart is August 20, August, August 23rd of August, I said, you know, the top window is the RSI for the Boyce-Bressin-Index-Flash-UDX ratio. And I said, once you go below 30 and close above 30, the bottoms use the end. Exactly. I said that on the radio. Well, if you look right there, it went above 30, and then again it went below 30 again and went above 30. Right. So we got that bi-signal back in August, but then the October did the exact same thing. The ratio went back below 30 again and turned back up. So it was 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. So basically at that particular time, it went below 30 and above 30 twice. So you got two signals. You got an August 23rd signal, and 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 pretty much screaming up. Oh, it's screaming, man. That gold market's screaming. Yeah, it's screaming. So it was kind of a little bit of a whipsaw, but then again it was still bullish just two times in a row. Yeah, stay right there folks. You got one segment left, Tim will go over these last shots for us and don't forget you can get hold of Tim at board-oracle.com. Tim and I come right back folks. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award winning newsletter, Market Insights. Your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders? Head over to tfnn.com and subscribe to Market Insights today. 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After all, he's got 45 years' experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. tfnn.com, educating investors. Don't forget, you can listen to tfnn live on your mobile device 24 hours per day. Go to tfnn.com and hit Watch Tiger TV. That's tfnn.com and hit Watch Tiger TV. Welcome back, folks, Tim or Tom O'Brien. We do appreciate your growling and prowling with us out here. So, Tim, the chart I have up is the RSI. Should I go to the first one or the last one? So, that was chart four. We just went over, which was the daily, and chart five, which is the last one, is the weekly, the same setup, but you do it on a weekly chart. I see, okay. And the only thing that is nothing bad about this chart, but that chart has the same thing. The RSI goes below 30, then closes above 30, you get the buy signal. And we've got a buy signal in August 28, 2023. And if you notice, if you look at the, I got some red printing there. I see it, yes. Yeah, when that chart triggers, it's mostly time the uptrend starts several weeks later and so it just warns you where the bottom is. And it worked actually as it should. Sometimes it hits the bottom perfectly, but a lot of times it marker will flip sideways, which the last four signals did before the rally actually began. So you got the daily given a buy twice, and you got the weekly given a buy once. And all the signals, I think it was a, of all the signal, I think it was a 90% chance the signals will work. But it did give this area from August until October, a very important timeframe for the market that it was making a bottom. And actually, in my opinion, has made a bottom, especially today, if you look at the market. And well, you know, it's so cool Tim, we're 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 in a swing point up there, you had 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 gotta give it, but the pattern was forming his head and shoulders bottom, I think today is breaking up the neckline. Yes. No, big time. You got a bunch of highs there around 30. Big time. And so we're breaking it with the sign of strength today. 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, to bang and claw your hideout, bull can run you over and thank God there's always another trade. Join Tommy tomorrow morning, nine o'clock folks. Have a great one. Have a safe one. Right. Thank you. Thanks.