 is 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 our man, Alan Homo-Sasa. What's going on, brother? It's, isn't it wonderful? When they had invested in your tiger dollars and I went ahead and got your gold report for a year and also your morning, your call letter and stuff like that. And I got over 50% return in one day, not counting everything else. But I just want to thank you. Tom's not perfect, but he tells you how to put your stops in and keeps your losses small. You can take your small losses, but then all of a sudden you'll be like Dave Root and you'll hit a home run. I mean a big home run. And put the money in your pocket. Okay, brother, you're awesome, man. Thank you. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien of TFNN. We have 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 growth. So, everyone's having a great day, safe day. Let's make it a great night, folks. Be impeccable with your word. Manifest your true intentions. Regardless of what language you speak, your intent will be manifested through the word. What you dream, what you feel, and what you really are, will be manifested through what you say, each and every day. Market-wise, let's take a look at it out here. We have the Dow Industries down 221, Nasdaq off 82, S&P's down 30. Gold, gold contract trading down $25.20 at 1984 an ounce. We got silver down 71 cents. $24.26 an ounce. Lightsweep crew up 97 cents. $79.76 a barrel, notes and bonds. Ten-year note, down a full point. Plus five ticks at 110.31. The 30-year off two points, plus 13 ticks at 123.25 in Kingdala. Kingdala's trading up 914 ticks at 101.801. That was a huge rejection of lower price on Kingdala today. It actually did it before the market opened, two folks. Euro, Euro 109, yen at trading at 139, the British pound at 127 to one US dollar. Our phone number's 877-927-6648. Give us a call, folks. Want to know what's going on in y'all world and the world of the S&Ps. Let's take a look at it. What do you have? Well, it's gonna get really intriguing out here. Why? Well, you know, the, we went up, well the Dow, this would have been the 14th day in a row that it was the 14th day in a row that the Dow had a higher high. Now, the Dow gave it up. That would have been the longest streak in 123 years if it was actually positive. And right now the odds of this going up another 230 points don't look too good. So bottom line is that, you know, that this is gonna be a pullback. We'll see where this baby wants to go. We get over to the spy. We take a look at the spy. You're gonna see all of these basically failed at highs. You take a look at the spy. The spy got up to 459.44. Right now you're over 452.97. If we get into the futures and we take a look at the futures, it's been, you know, since noon time it's been kind of a one-way, well it has been a one-way run down. It started, yeah, it started right about noon. Right, well, actually 11.40. This is actually, we just, we finally got one bar, you know, let's get a little pop. But the bottom line, it started at 11.40. Straight moved down, gave it up. We got to 46.34. Right now you're 45.71. If you remember, we bring this back. What you're gonna see first that it was doing it. And if you are an interday trader folks, this is where, and we had, you know, a tiger in the den. He was, I was, of course I was on it because I marked these things down like crazy, but the bottom line, the first thing that went after was that went after the low high volume low on Monday, which was the 45.68. We got the 45.62, right now you're 45.71. That being said, I suspect what we're gonna see is that you're gonna see more selling into the close because normally what ends up happening is that when you get a day, not just a day, we've been in a nice uptrend, okay? And when you open up strong, particularly after the Fed meeting, right? It looked that, okay, this thing's gonna really move, okay? You get a lot of buy-in that comes in. And then you get a failure. When that happens, folks, what tends to happen is that as we come into the close, there's plenty of folks that, you know, bottom line, they're gonna get out of the position. And that's, you know, that's why you get more selling coming into the close. That's how it normally shakes out. So we'll see how this baby shakes out right now if we get the first positive bar out here since 2011 fought it this morning. You know, we hit a low already of 15, 538. No, 15, five. No, we couldn't have went in there. We didn't go up. Something's wrong here. Where they getting that from? I don't even care. There's no way we went from 538 to, let me look at this, the 581. We just didn't go up 50 S&P points. I get something happening here. One second. There we go. Okay, so low is 538. Where are they getting it? Oh, I see, no, I see where they got that from. They started that yesterday. Okay. The bottom line is that you can expect lower prices coming into the close. We go to the end, we go to the dollar. Let's go to the dollar because this gets really intriguing inside the dollar. What we had, now this is where, if you keep your eye also on the dollar, what had happened this morning is this, is that at 830, I think this was in the GDP come out, the dollar absolutely rejected lower price. It just took off like a rocket ship. So you had the dollar trading up like 750 ticks, with the future still up. So if you took that correlation, you know, the correlation's pretty tight. You know, the bottom line, you had a good probability that you wouldn't have been buying, you know, you don't have to sell, but the bottom line, you wouldn't have been buying. So right now we get the dollar at 101, 796. And, you know, this 102 is game, you know. So we'll see how this, right next to 102. So this could be a whole different ball game, you know, because let me see what an ABC would be like. We don't have volume on the dollar, 101, 600. So you get two. That'd be, yeah, 102, 200, 102, 500. Well, that's what we'll probably do. We're gonna do something that, you know, it's gonna be further than we expect. That's what I expect this thing's gonna be. Gold, let's go to look at the gold contract. They hit gold as the dollar was going higher. They hit gold, gold turned and went down to 1981. Right now we are trading 1983. You get 180,000 contracts. We get the, let me go to the GLD because we're rolling on the gold contract. We go to the GLD. You get some volume here. This is gonna go fill the gaps. A couple of gaps on the GLD is gonna fill. Stay right there, folks. Come right back, come right back. What up, man? Mr. Tim Ward, stay right there. 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. Teddy Kegstad breaks down the forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, forex, stocks and options. Teddy releases his weekly Tiger Forex Report every Monday morning with coverage of all the major currency pairs, including the dollar index, the euro dollar, pound dollar, dollar Swiss, dollar yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence forex markets tremendously. 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Let's get over to our man, Mr. Tim Orders, who do each and every Thursday at 20 past the hour. And don't forget folks, you can get hold of Tim every trading day at odd-oracle.com. That's odd-oracle.com. Tim Ord, what's going on brother? Well, it's kind of interesting here. Yes. We got out of our long edition last Friday and the market kind of went sideways and tried to break out today. Actually, just go to chart number one. Okay. I have it. Yeah, real quick. Yeah. You gotta really kind of look at the bigger picture, what's going on. And anyhow, the bottom window is the 10 day average of the trend, next window up is a 21 day average, that's like a month, 21 trading days a month. The one above that is a six, three day average, which is like three months. Right. And all three of those get into bearish territory, which is that pink area at the bottom. I can see it. Yeah, so all three of them got there about, it'll probably look like the end of June or sometime in June, maybe mid June or something like that. So you kind of be careful. Yeah, markets still move higher, but I've listed the times in the past when those all three reached those bearish levels and that's red lines down from the top. Okay. So sometimes they're right on the market, sometimes they keep moving higher, but all of them really come near highs. The last one we had came in, looks like about December, January of 2022. Right. So it was a little bit, I guess a little bit late, pretty much right on the money, but it kind of stayed bearish. That was kind of a big warning that there was something developing. And so I was kind of looking at that and also I was kind of looking at, we're running into the February, March, April of 2022 highs also right at this 460 range. Right. And so I was kind of looking for a fuse to get out. So that kind of helped me outflip to chart two. Hey, I got a question for your first time, right? You know, years ago, right? You know, you only looked at the 10 day trend, right? So did you pick up, I mean, I know you how much work you do on the market in general, which is awesome. So did you just decide that, hey man, I had to do more work in this trend? Cause what happens folks is that the average trading days per month is 21 days. That's what I'm suspecting. You know, you got a month and you got three months which is 63. So how did you get to that level? Why did you do that? Well, actually I started to screw around with a hundred day. Okay. And a hundred day didn't really didn't do much for me then. I see. And I started thinking, you know, you got to look at the bigger picture. Yeah. Cause when you hit these targets, you know, you're going to get some resistance because the market, when it, you know, the 10 day, the coiling day and the six, three day all it get kind of exuberant. Now there's all it get in bearish territory. Yes. You know, the market just runs out of fear to the upside. The market goes up on fear. Remember Joe Granville? Oh yeah. He said. The generals. I love them. Yeah. Yeah. I actually, I don't know if he's still alive, but he always said that the market rallies what was his term. This is another word for fear, but anyhow, the market goes up on worry. Yeah. That way. Right. I can't, I can't remember the exact quote. Yeah. He passed away. He did pass away. Go ahead. Yeah. But I, you know, it's funny. Yeah. I, not funny. I had him on about, about maybe a year before he passed away. Yeah. Yeah. Yeah. Great guy. Yeah. He was, yeah. I actually went off the subject a little bit, but I was living in Denver at the time. And one of my clients and I were, he wanted me to go to his seminar. Yes. And anyhow, the whole place was packed. There's probably about 500 people in this room. Yes. And I forgot what, it was like a hundred bucks to get in and stuff. Yeah. But anyhow, it was like a two or three hour and all he did was on this stage, he had a puppet and he put this puppet on his knee. And all he kept saying was the market needs fear, the market needs, needs to be scared and all this other stuff. And he said that for about two hours. No indicators, no screens, no, no nothing else. Wow. Just that. And did he play the piano, flyer? Huh? Did he play the piano? Cause he played the piano, you know. You know, he might've been so long ago. Okay. Wow. It was, it was really, yeah, it was wild. You know, and, but, but the guy, you know, he was right on the market. So, and whatever, you know, whatever makes sense, makes sense. We get it, we get it. Cool. So anyhow, but getting back to this, this is kind of that, that same scenario. Yes. He really didn't have a, he more like felt the fear, I guess. And so I put it in terms of defining what fear really is. Sure. So, you know, advanced decline in volume type indicators and this is one of them. So the more fear you got, the better it is for the market to drive higher. You don't have any fear. Or, you know, they always talk about a replacement. Right. You know, and this kind of identifies that. It doesn't really. No, it does. Because. Exactly. It nails it pretty close. No, it does. Well, you can see here, folks, what this does, this is saying for three months, okay, when you get that trends, that no one was paranoid at all. Well, it's like, hey, we're gonna buy the market. Hey, we're gonna buy the dips. They're gonna buy everything. So that's a long period of time. There's no doubt about it, man. Yeah. Right, yeah. So, you know, that's, so I know we're getting close. I know we're running into the high. Actually, what was your question? I know that you answered it. Because you went to the hundred day and then you start bringing it down. I'll do the 21 day and the 63 days. The hundred day didn't do anything for you. I get it. I get it. I just was curious because I could see that you were going month by month because of the 21, 63. So that makes sense because there's no fear for three months. Well, that's a long time with no fear. So yeah, I'll jump to the next shot. Right, that's, so you got people to complicate it now. You know, you hadn't pretty, you know, bearish back in, it looked like about April, you know, February, April, May. Everybody was kind of scared, which was going back to that. If you go back to that 63 day trend reading, you had a, you know, like a 1.1 on the trend for three months in a row. That's quite a bit of fear on a three months timeframe. Okay. That's the reason why I kind of was bullish in that timeframe. Yeah. You know, everybody was kind of scared. Well, this really identifies what the public's thinking. Right. You know, if they're scared, that trend's high. Right. And if they're not scared, that trend's low. Exactly. So. Exactly. That's how I kind of define it. Nice. So you really are standing on the opposite side of everybody else when you look at this indicator. Right. And that's where you want to be. Exactly. Right. You got to be where the smart money is, I guess. Right. So anyhow, we go to the next chart. Yes. I have it up. And this is, anyhow, this is where you can see a little bit better. And so we're testing the March of, or actually it's February, March and April, 2022. And we're running into those highs there. And when I put this chart out to yesterday or today, this morning, the next window below the SPX chart. Yes. Is that SPX VIX ratio. And actually at the time, it was making new highs, which wasn't a bearish. If you look at it now, it's making lower highs. There we go. I like it. So it's just starting to diverge now. I think you're too quick to go short here. OK. Because if you look at today's volume, we're probably going to draw a bearish and golfing pattern. Yeah. Just stay with. And then we're going to have higher volume today than the last several days. Just stay there Tim. Today's high is going to be tested. We're going to quick break Tim. We're going to be right back. Stay right there folks. Tim and I are coming right back. Attention traders. Larry Pesevento, the renowned trading mastermind, is holding an exclusive live trading event on Wednesday, August 2nd. From 9 AM to 2 PM Eastern time, transform your trading skills with the real-time wisdom of a Wall Street veteran. Just $295 gets you a front-row seat to this power-packed session, plus a month free of Larry's sought-after newsletter Fibonacci 24.7, a $97 value. Elevate your strategies, decode the markets, and achieve your financial goals. Remember, this event will be archived for all attendees. And Larry only does a few of these a year. Don't miss this opportunity. Sign up today at tfnn.com. Secure your future and start trading smarter. TFNN, educating investors. The gold report. As a precious metal, gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The gold report. Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The gold report. New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's gold report newsletter now at tfnn.com. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority and technical market analysis. And it's not just dry, tedious text, either. TFNN airs live financial content streamed live on tfnn.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 AM to 4 PM Eastern. For free, each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. 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. Tim or Tom O'Brien, we do appreciate you. Go rowlin' and prowlin' with us out here. We are looking at a chart right now. And don't forget, folks, all these programs are archives. So if you happen to be in the car listening, you can pull these up at night. You can see these great charts that Tim sent over. So right now, Tim, I have the S&P chart up. Right, so chart number two? Yes, chart number two. All right. Well, I think I really, this is kind of, it makes it a little bit more clear, I guess you might say, that, you know, if you look at the March, or the February, March, and April, 2022, you can see, you know, circled in blue there, you can see we're running into that resistance area. Yes. And so that's kind of, you know, the VIX, when I sent this over, it was pretty low. It's starting to rise now. So a lot of things changed this morning. Right. But the second chart up is that SPX VIX ratio. Right. The time I sent it over is making new highs. So I didn't think it was going to break out. You know, I was hoping it would pull back and it's doing it. But that ratio now is starting to make lower highs, even though the SPX made higher highs. So that's starting to diverge. But, you know, right before the break there, I said, you know, today's volume is probably going to be pretty high today. And it's a bearish and golfing pattern. But high volume highs almost always are tested. Yeah. Especially on a daily basis. So I bet at some point today's high is going to be tested and that may set up the potential next trade. And actually, I just go to chart three. Here's what I'm thinking, what's really going to happen over the next three months. Okay. The only reason why I'm saying next three months, we're into the period of the weakest quarter of the year. It starts in July, it runs to October. And that's kind of another reason why I pulled back my bullish horns. I'm still bullish. I think there'll be a decent bottom sometime, probably in late September or October, where the market will rally all the way into year in. But between now and, you know, October, I think things can get a little messy. And what I'm thinking of what's happening here, this is a monthly chart of the SPX. And I kind of took some shortcuts here, but yeah, we only did a 5% retracement going into the October of 2022 below. Yes. And so if you only do a 50% retracement at the minimum, you should at least go back to the old highs. Right. At the minimum. And a lot of times it's a halfway point of the next move up, which gives it much higher target. Okay. But what I'm thinking right now is we're running into the February, March, April, 2022 trading range there. And we're hitting that trading range. So I'm thinking we're gonna hit at the top of that trading range, which we're doing right now. And we're gonna pull back to support. Well, support is around, what I'm calling the neckline there, which is around 420, because that's where the previous highs were. So we had a sign of strength through the previous highs. That sign of strength becomes support at the previous highs, and a previous high is 420. So I'm thinking we're gonna bang around between 460, 420 over the next, I don't know, several months. You know, a couple of months. Sure. And create what I think is it gonna be a right shoulder of a head and shoulder's bottom. And a right shoulder and left shoulder are usually symmetric in time. Well, turns out we got three months of the worst quarter. And that left shoulder has to be three months. Look at that. I'm putting it up right now as you're speaking to him. We're on the right shoulder right now. No, I can see that. I'm putting it up right as you're speaking right now. Pretty cool, man, yeah. Yeah, you know, this was put in cart before the horse. No, I'm with you, I got it. That's a good trade. This'll be, I mean, if that scenario comes out, that's a beautiful trade market, man. So, yeah. Yeah, it will be. Well, I haven't done that specific yet, because you take the bottom of the head up to the neckline, which we're setting up the neckline right now. Right. And you add that onto the neckline, you know. The market could go quite a wave higher. Here's another interesting statistic. 74% of the time going, forgot what date it was. I think it was released back to 1950. It could be back all the way to 1920. But 74% of the time, the market is up every year, 74% of the time. That's a big number, man. Yeah, it's a huge number. So, you really don't want to bet against the market. It's up 81% of the time if you count dividends, and this is on the S&Ps. So, you really gotta be perpetual, bold market far as the equity market is concerned. Gold market on the other hand is just a trading range. Right, right. Comes back down, goes up, comes back down. So, they're too tight, but different markets. Yes. But you don't really want to bet against the S&Ps because it's 74% of the time. If you're short, you're gonna be 74% of the time wrong. That's pretty intense. That's a big number, man. Yeah. That's a big number. Yeah, it's a pretty big number not to bet against it, but next year, if this turns out to be a head and shoulders bottom, and say we bottom in October around that 420 area, you're talking a market that is gonna be. Yeah, it's party time because I did the rate, the number there is 110 Tim. So, that would be a 420, 530. Well, you added on to 460, that's where the neckline is, 420 sport. Okay, okay, I got it. Yeah, okay, right, right. Yeah, you added on to the neckline head, to the neckline 460, 110. That's what I had, yeah. Right. So, 570. Party time. Yeah, that'd be a good party time. And get back to this monthly chart. To get that 420 as support, as support, you always see panic. If you don't see panic, it's not a support. So, what I'm saying is, all those trend readings, you know, the 10 day, the 21 day, the six, three day, you should see quite a bit of panic right around that 420 area. So, when we get there and the trend's blowing out along with the ticks, you know, it's gonna be support. You know, it's not blowing out. It was so cool, folks, is that now, and we know what the number is to look for. I love these deals, Tim, when, you know, of course we're all speculating, but when you speculate, you actually have a number, and you know, we know that the last time that we came down, you know, the fear went up very fast, which I can see it go up very fast. I mean, it went up, you know, it's interesting. Today it didn't really go up in the trend or the tick, but the bottom line is that, man, it was like a razor blade, it just kept going south, man. You know what I mean? So I was like, okay, you know, they get a couple more days like this, I could pitch the exact same thing happening. Do you know what I'm saying? And then, then we go test the highs again because the high volume high, then you fall apart, right? Then it's like, okay, you know, so it's, yeah. Then you start falling apart, and you get things, you know, it's just kind of a wedding ring, but anyhow, so as we're going along with our interviews over the next couple of three months here. Yes. When that 420 shows up on the SPX, you know, people should be jumping out, well, not jumping out the windows, but you know, you should see that trend on monthly high right around that range. Yeah. So that would be a high confidence trade. Right. To put on, you know, so we're not going to put the trade on and breaking up the neckline, you know, like they say in the books, you know, we'll be buying at the bottom of the, well, I think it's potential bottom of the right shoulder, which is at 420 area. Right. So it'd be a good trade too. It's, so we got panic at that number. I mean, your confidence goes up. That means you can put more money at it. Yeah. So stay right there, folks. Tim and I are going to be coming right back. We're going to finish up with the gold market. Stay right there, folks. 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Mac folks, Tim or Tom, Brian, we do appreciate your growling and prowling with us out here. We have the Dow Industrial's down 258, Nasdaq's off 86, S&P's are off 32. Okay, Tim, so what chart would you like to look at? I wouldn't do it in chart four. Okay, here we go. Just a quick access, I should have pointed out a little bit more on this chart but you see that if you look at the volume chart there right below the GDX, you can see that big finger out there, that big volume day. Yes. It happened, I don't know, two weeks ago or whatever. Right, I see it, yep, I can stick it all like a sore thumb, big time, yep. Yeah, like big thumb, right. Yep. So anyhow, there's a gap there. Yes. And we're testing that gap today. Right. And there's no way we're gonna get above that. So what I'm saying is we're probably finding support right here right now. Right, this is cool. So listen on, the bigger picture, anyhow, the bottom one is that 18 day average up down volume, you know, advanced decline and the next one is up down volume, 18 day average and in a nutshell, when both those indicators are above minus 10, the market is an uptrend. Right. And this was, I produced this chart I don't know, three, four hours ago and we're both right around plus 10 on both those indicators. So it doesn't take out all the wiggles of the market but it does catch the major trend. So we went, just in my opinion, we were just filling the gap that formed here a couple, three weeks ago and we're testing that gap on a lighter volume and you got both indicators well above minus 10. So I'm thinking this is probably support and it's probably just an ABC down here and this is Lake Sea of the ABC type thing. So I don't see any big danger here. I'll put it that way. It's just a little bit of a shake out. Then I think we'll continue higher. Wish the gold market loves to do. Yeah, this is what it's supposed to do. Exactly. The equity market is probably gonna be more of a trading market sideways down type thing. And we're the gold market, I think some of that money out of the equity market is gonna run in the gold market. So I'm kind of determined. And so I'm thinking this gold market is gonna remain decent all the way into October. Or yeah, equity market is gonna be back and forth all the way into October. So how high, I got some other charts. I didn't know how much time I'd have to present them. So I presented this one. I got some other charts on GDX suggesting a move that's gonna last a year, maybe two years from, I think it was a marked low of this year. So there'll be some declines along the way, pretty big declines, but not breaking new low declines. Right. Be something similar what happened in May to July type declines that may take a month or two or three. But in general, the market will make higher highs, higher lows over the next year, year and a half, maybe two years. I'd tell you, man, I love these indicators you have, Tim. I can't, yeah, I really do. Because what happens, folks, okay, what Tim does here, okay, and this is what's so cool, is that you're putting a couple different deals together. So there's not one deal that you're looking at. And when you're a technician, that's a big deal, man, because your probability goes up pretty dramatically, man. And in particular, we know that, I mean, other people don't use them, which makes it even better. You know what I mean? Yeah, yeah, I wanted to, you know, if you ever notice on some of the market, when a lot of these indicators out of these books that we all've read, if you're a technician, right, you know, when they all kind of line up, you know, they all blow up the same time. Yes. So we've kind of wanted to go something different than what nobody else uses. Exactly. And if nobody else uses it, there's, you know, that feels not crowded. When it feels like it's kind of crowded in an indicator, chances are it's going to fail. Right. And so I kind of went, there are a lot of indicators that nobody really uses. And so I stumbled around, you know, trying to find ways to look, you know, what works, what doesn't work, and you know, so I kind of came up with this. No, for sure, no. And you know what's so cool is that the, you know, of course you've been doing it for a long period of time, but like, so picture, if Granville was sitting there with a, you know, he probably intuitively just knew that it's fair and greed. I mean, and fair and greed really runs the world too, Tim, which is amazing, right, you know what I mean? So the reality is, is that, you know, once you can get, understand that in the marketplace, well, it's pretty cool, man. You know what I mean? I remember, listen, this is a crazy story. And I have patience beyond belief now, but I remember we were speaking, and what happened in the 90s, folks, we were on from three to four, and I had two other hosts, Peter and Mark, and we would be trading like banshees, man, because that was, we had an edge then, because we had an instant machine and all this stuff. Anyway, make a long story short, right? I remember the first time you said to me, we were doing something, and you said, yeah, this thing wants to go down there, man, you know, it's like, you know, two or three months. I said, yeah, two or three months? What are you talking about, man? I mean, you know, because my gauge was like, you know, you know, two or three minutes. And once I caught on to that, though, man, you know, your probability goes up a lot more because you really do look at markets differently, like, you know, that term about building cause, building cause is so important in the market, whether you want to go up or down, it really is. Right, right, right, you're exactly right. You know, in that trading range we had, you know, this year, end of last year, you know, one sideways for a whole year, we were talking about it on your radio. Right. One sideways from May to May. Right. And so it was going to either go up or it's going to go down. Right. You know, and but you put, you know, you filled the trend in there. Yeah. With all that trend ratings were high all in that level. You know, your odds are extremely in your favor that the market was going to bust higher. Right. And then, you know, so it was still a hard, you know, all trades are kind of hard. Oh yeah. If it started to be easy for you, you're doing something wrong. Yeah, exactly. And if the execution, you know, is too quick, folks, you know, not all the time, but if the execution is too quick, you know, if you have a hard time getting an execution many times, that's a good sign. That's, you know, that's what it comes down to, which is pretty amazing, man. So. Yeah. Well, this is certainly going to be interesting on, you know, this little pullback here and see how this thing shakes out. Because I can definitely, you know, see the aspect. I mean, we've already done 73 million in the spy. And the first tie that we hit a couple of days ago only hit 65. So we blew that away with volume for sure, man. You know what I mean? So it's like, okay. Yeah, they'll knock all the shorts out of here probably on a test. Yeah. That test will happen next week. I don't know. Then maybe we, you know, we'll announce live on it or something. Yeah, we go from there. I think we're, I think we're at some point, we're going to see 420, you know. Right. Which is not a huge decline, but. No, but it's a good, it's a good trade, man. It's, you know, it's, it's a good few months. Hey, listen, I love it when markets go up and down. I love consolidations. Consolidations, big consolidations are beautiful. They're huge, man. Yeah. Well, listen, man, you have a great weekend, safe weekend. We look forward to speaking on Tuesday, Tim. Great, thank you. Thank you. And don't forget, folks, you can reach Tim at odd-oracle.com, that's odd-oracle.com. We have the Dow Industries right now trading down 257, the Nasdaq's off 96, S&Ps are off 35. Stay right there, folks. Come right back. 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. 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You get the NASDAQ of $89, S&P's off $33. So if we go take a look at the spy out here folks, what you're going to see, quite a failure on price up here, that's for sure. You got to $459.44, you're at $452. That's what Tim was talking about. You get some volume here. We get $76 million. There'll be a bunch more that will come in at the close. If we go to the Dow industrials, that's the one that was going to break all records for 123 years. Check that out man, this is really wild. And it got to the high, high. Bottom line gave it up. The price spread out here today was let's see, what do we got? That's not that much actually. You get about 400 points, nothing heavy. You're down 250. Bottom line though, what's intriguing here is that particularly, let me just see in the Dow, where are we going to go? So you get $633, you're going to do $950. So what's cool, I'm going to go back to the S&P for a second because these are the ones that are really cool. This thing is probably expecting, as he said, a retest. Now, if you get this, so check this out folks, we can come down, watch this now. We get volume, last time we had volume here was at the 443. And this would be really cool man. You get down to the 443, right? You have volume that starts contracting at the 443. You go back up and test the highs again. Then you come down to the next level. You can see these are, you know, this is good old South Boston in me. These are the triple-decker houses. You know, you get the first floor, the second floor, the third floor. That's how it goes man. You can see this one is about as clean as you can get. One, two, three. And you know, we'll see how that shakes out. And your bottom line is that if it does start contracting down there, well guess what? You pop up again. And that would be the most deviant thing the market could actually do. And there you get to sell out. You come down. You go back up. And the people that sold like, oh no, no, no, no, I gotta buy back in again. Then you get the largest sell out. Then they're down there again. All they gotta sell out again. And then guess what? Then it goes back up again. Drives everyone out of their minds. Always remember folks, have a great one. Have a safe one. Come back and visit Tommy tomorrow morning.