 Tim every trading day at odd or D dash oracle or CLE dot com. That's odd dash oracle Dot com Tim award. What's going on brother? Well, it's uh Everything's kind of looking up here the S&P's a rally in the gold stocks a rally in Uh, sent you over a chart. I have it. It looks like everyone went to Sherman Williams and got that green paint, Tim Yeah, it's actually a pretty simple chart. This is like non confusing it what the hard part is is finding what works on this index And anyhow, just to give you a quick description. The bottom window is the 18 day average Of the uh advanced decline for Uh gdx next window up to the up-down volume Uh for gdx okay an 18 day average And in a nutshell when those two indicators are above minus 10 markets in an uptrend and when they're below minus 10 Uh, then they're in the downtrend now we go back Well beginning of last year back to december last year and and basically just shows the the buys and sell signals it's more of a You know the two three months four months Type indicator, so it doesn't really You know look at the bigger picture, but does look at the near term picture So and we're up in the plus 20s on both indicators So we're in a buy signal And how high is high? I think we'll least break above the previous highs for 36 I got some other indicators. I think we could get up around that 44 range, but uh Time will tell but on a short term basis here Uh, you know if there is a pullback you should buy it along those two indicators remain above minus 10 Yeah, and you know tim there's uh a lot of these Equities today, you know in the mining business. They're taking out their swing points with volume They're all a lot of them are going to be abc structures up which is pretty wild It looks to me like the x au and the hui. I won't get those numbers until tonight, but If looking at some of the other equities inside of the x au and the hui It looks like they got the volume. They're taking out these b points. So It's pretty wild man. I mean and and the dollar just can't get any traction, you know, we got that dollar still under a buck It's trading out here at this, uh, you know in the 99 area and You know if this thing falls apart it can get really interesting because as you said Everything is green out here today, you know the bank started the the earnings out here this morning But that s and p is up 36 points, man and Yeah, yeah, and actually I only think you won chart, but uh, if you look on the monthly chart Uh, and you do a bow and your band on it do on the sp y's You know beginning of the year Yeah, uh, I told my people that we're probably going to see four seventy sometime this year And um, I think it's going to be sooner the rather than later because we're not you know, we're in now Of what 450? Yeah, you're only a field for 54 man. Yeah Yeah, we're not very far, but if you do that bow and your band thing on the monthly sp y's That bow and your band happens to be at that January of the 2022 high Okay, so That's going to be some resistance there. So I don't know to me. I think we'll get there We're chugging along and and uh, I think if we're going to hit it You're probably going to hit it this week because you know, you got the f1c You got interest rates Yeah, uh, discussion next week and there's some bunch of stuff going on. So Yeah, you know, I just I just put up that chart of the spy with the bow and your band too And you know, I remember when you know when we were always on before too when I said john bolger on a lot That it's riding. Let's see. I think get that on the daily, but it's riding the top of that line. Yeah, I can see that Yeah, yeah, that's where you want it to stay. You don't want to actually go too far above it Yeah, because if you do that usually sells the market, okay, you want to be pretty much right on it Which it is and also you got the vix way below 17 to you get the vix, you know, 13 and a half range So you got a lot of stuff that says You know trending market here. So and this is off to expiration weeks. A lot of times has a bullish bias So I don't I don't think this You know, let's get too zuberant here before the week's out. I think we're just kind of keep going higher here You know, you start going up one or two percent a day is going to or Two or three percent a day is going to kill the rally But if you know, we go up a less than one percent a day half percent or so Um, you know a lot of times that's just not to keep the thing going. So yeah, well What was intriguing this morning is that you know, yeah, what you had is the bank started it off but then Microsoft came out with a Announcement that they're going to charge 30 dollars, but they're going to you know, like when you buy their package Which is, you know, the word and the excel and all that they're going to add AI to it and microsoft tim went up 18 dollars 18 dollars over its eyes It put 150 billion dollars into maca cap. So now it's a 2.7 trillion dollar maca cap. Is that sick or what? Well, yeah Back in the day, we could have bought that for nothing max back and back in night I don't know night 1985 or 86 or something I think as proxmo at that time was I could have bought that stuff for 75 cents. Oh, I listed. I know I I remember reading in 1980 because I bought IBM computers 286 computers And they had Microsoft DOS in it and I remember reading at the time saying, oh, I wonder how this works Yeah, I should have read a little bit more. I guess, you know So, yeah, it's it's a revolution. I don't know what the next, you know, you had the industrial revolution Then you had a computer revolution, you know per se and you know, whatever the next Resolution or the Reservation will be I don't know Triggy gets him that that I mean just as I mean, it's real possible here that we're going to have the metals going and the market going right top side Now, I think the metals is going to keep going and and the uh, I think You know probably the next week or two or a couple of weeks. I think they have some fees I don't think they'll they're going to crash and burn nothing like that But I think the the stuff I'm kind of looking at Which is actually that Bollinger band on the monthly chart. Yeah, it's going to find resistance at 470 I got it. Okay. We'll probably hang out at trading range of some sort But I do think at the end of the year, you know, probably I don't know september october We'll start another rally though. They'll probably rally all the way into the year in You know, there's plenty of money in the in the uh Economy, yes, keep this market going, you know, you what you know, you did the covid cash and right and Then biden put a bunch of money into the you know, that's what the market needs and that's just that away. That's when things can get ugly Yeah So I don't think that's going to happen this year or anything Yeah, no, I can see that I'm bullish, but I do think I think we are going to run into To trouble, you know later this month or possibly first of august And uh, it could be choppy for a while, you know, we've been Yeah, doing a decent trend here and if it continues for another couple of weeks, you know Well, we'll keep looking at that ratio you have between the spy and the vixx. I mean, that's what that's that ratio Is coming, you know in spades as you know, you mean you Not only pick the s&p you pick that gold, which is really cool, man Well, listen, I think the gold is going to be the big run of the of the next Probably three months comparing the two. I think the gold issues will outperform the uh s&p's Cool. Well, listen, man, you have a great one safe one and I look forward to speaking on thursday, tim All right. Thank you. Thank you. Stay right there folks. We'll come right back. We have the dial Industrial is up 361 nazics up 127 s&p's are up 35. We'll come right back