 The presentation of T 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 Phil in Puerto Rico. Hey Phil, what's going on? Hey Tom, doing great. Just wanted to thank you guys and the whole crew. Best content on the internet. Really appreciate everything you guys are doing. We appreciate you growling a problem with us out here. Phil, how did you find us? I just typed in live trading on YouTube one morning. Cool. I was looking for any type of live trading room you guys just came up and the kind of quality when I see it or at least I like to think so and I mean you guys are just a dream. I appreciate everything you guys do. Welcome to the Tiger family. We appreciate you growling a problem with us. Oh my pleasure. Now Tom O'Brien. Welcome folks. This is Tom O'Brien of TFNN. We've got five days a week. We've got 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. If everyone's having a great day, safe day, we're kicking into 2024 folks, holy cow. Don't make assumptions. Learn to ask questions. It's always better to ask questions than make assumptions. Have the courage to ask questions as clear as you can be. Once you hear the answer to that question, you won't have to make the assumption because you will know the truth if they tell you the truth, right? Mugging wise, let's take a look at it out here. We have the Dow industry was up 102 Nasdaqs up 12, S&Ps are up two and a half gold. Gold contract trading down $14.50 at 2078 an ounce. We have silver down 38 cents, 24 dollars, 25 cents an ounce, light sweet crew down $2.10 cents, $72, one penny, a barrel, notes and bonds, a 10-year note. 13 ticks trading 1.12.29, the 30-year of 23 ticks at 1.2505 and King dollar. King dollar's up 246, trading 1.01.226, Euro 1.10, yen trading 1.41 British pound at 1.27 to 1 U.S. dollar. Iphone number's 877-927-6648, give us a call folks, want to know what's going on in your world and the world of the S&Ps, let's take a look at them. Well, slowly but surely that S&P is trying to get to its highs. My take is that we're going to get this high, you don't get this close to a high without whacking it. So we take a look at this baby, what you're going to see here, come on, let's go. So right now, you got it up 60 cents, 57 cents, you have volume contracted, no doubt about that, I mean that's going to be all weak and you're still under the highs. We're just barely under the high. So we'll see one that wants to whack it, I mean we got the 477.55 today and it's 479. Actually let's bring up the cash because what does happen is the S&P pays a dividend which makes a difference. So if we bring up the cash, right now we hit 4793 and that number is 4818. So yeah, so that's 27 points man, yeah, that's 27 points, that's quite a while. But when you bring up the cash man, it still looks like hey, it's going to go after it. So we take a look at the cues, the cues just continue to keep going higher man. So we take a look at the cues, the cues are up 17 cents right now and they're breaking away from their highs. It hasn't broke away yet but the bottom line is getting there little by little. We got to take a look at the gold contract, let's do the notes and bonds first because the notes and bonds, you have the ten year, let's back into 3.8 again, you're pulling back the 827,000 contracts, we went up yesterday with just about the same thing. Gold contract, the gold contract actually pulling back with lightest shares than contracts rather than we did yesterday. You ended up, you did about 150,000 I believe, let's look at this, no it's probably the same thing, no let's say, yeah it was 128 and you're pulling back a 121, let's consolidate and then Kingdoll, Kingdoll's getting a bounce out here. Let's go to Tom in Pittsburgh, Tom what's going on, happy new year man. Hey happy new year to you, hope you have a great Christmas. We did. It was awesome. It was great and I expect 2024 is going to be a good year. Yeah. Well I got a couple of questions for you, I'm looking at some taxed law selling and I don't know if it's worth it at this point but I got a loss in EXK and also SSRM to server stocks, do you think they're worth holding or at this point? So EXK, yeah there's not much there on EXK. What's the other one? SSRM. SSRM. Yeah, Silverado. Okay, hold it SSRM. I see they just call it SSR mining now, right? Yeah. Yeah, okay. So low here is 10, the high is 17, yeah so yeah so when you, okay so let's walk through what you're specifically saying, you're saying that you get tax loss selling, now do you have gains that you're going to, that you're already closed out? Yeah, I've gained and I have a number of gold and silver stocks. These two stocks I have losses in, I'm just debating, you know. But my point is if you haven't closed them out you don't have gains yet on the tax forms. Do you have gains that you have already closed out that you're going to pay taxes on? Yes. Okay, so the way to calculate it is you take the, listen folks I'm not like the accountant number one but I'm just going to walk you through how this works, okay? Make sure you talk to your accountant, okay? So what you do there is this, I would take what the gains are, right? I would take what tax bracket you're in so that you understand what you're going to pay, right? And then calculate, you know, what you're going to lose on these and you'll see whether you come out to net positive. If you come out to net positive sell both of them in, who cares, right? I mean, you see what I'm saying? Yeah, I see what you're saying. I'm also thinking, I don't know, in your opinion, are these things bottoming out because I don't want to sell at the bottom. Well, you can always buy right back. Or they weren't holding. But you can buy right back. Well, yeah, after about 30 days. So SSRM looks to me like it's going to get out of this $9 level. That's a high volume load that's going after. You can see the amount of volume that we did, you know, even this month is huge. So it's going to go after that level. And then the other one, EXK, right? That was the other one, right? Yeah. OK, so, yeah, I mean, EXK is not moving and all the rest of the gold stocks have moved in a big way, man. So, you know, and, you know, this has volume too. You know, yeah, just stay there for one second. Come right back, folks. 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. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60 minute webinar archive. He just hosted forex strategies and fundamentals. What is behind the Tiger Forex report? For all the details and to start your 30 day Tiger Forex report subscription today, visit the front page of TFNN.com. TFNN Educating Investors. 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. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30 day money back guarantee for all new subscribers, so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter, Market Insights firsthand. TFNN Educating Investors. TFNN has just launched their new trading room, the Tiger's Den. Hosted at Discord, TFNN has been educating traders for more than 20 years, with live programming hosted by a variety of professional traders during market hours. And now they are expanding their reach with the Tiger's Den, available to all Tigers and Tigresses for just $1 for the year. There's no catch or added costs when you join our community of traders. In the Tiger's Den, 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 Tigresses 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 Den 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. Dow investors right now trading up 89 Nasdaq as flat. S&Ps are also flat. We're talking with Tom from Pittsburgh. So on Endeavour Silver Tom, right? On the 18th of December, what they did is that they launched a 60 million at-the-money offering, okay? So they're diluting themselves and they're paying, you know, and that stock's not going to go anywhere until those shares are gone. I can't read the whole thing right now, but I have it in front of me. Let me just see if this is bigger. Yeah, and that says at-the-money offering of 60 million. So it's like, you know, and at-the-money offering is like almost like, well, why don't you just buy it? You know what I'm saying? So, you know, I would just do the calculations. So, you know, I mean, because it doesn't make any sense to pay, you know, two, five, $10,000 in taxes if you don't have to. When you can buy these things back in 30 days, replace them. Because they're both not good looking stocks anyway. When you have, we've had a run in these gold stocks that, you know, these gold stocks are up 30, 35, 40%. So when your stock is not up that much, there's a problem. Okay, all right, for this part. Okay, man. Well, listen, you have a great one, safe one, happy new year. Okay, you too, Tom. Okay. All right, bye. Thank you, bye-bye. So, let's see what we got here. Just give me one second, folks. I gotta do this once. So, you know, the whole tax loss selling deal, folks, you know, it's important. That's the bottom line. Particularly, it's important when, you know, you're gonna pay taxes on gains if you're already closed. Just remember something, though, that the aspect of the gains, they have to be closed trades. I mean, you know, you could be up huge amounts of money, and if that trade's not closed, you're not gonna pay any taxes on it, you know? So, just make sure that you know what that's what you have. Which one did I do? My God, which one did I do? One, two, three. Okay, four. Let's get over to our man, Mr. Tim Lloyd, folks, as we do every Tuesday and Thursday. And don't forget, folks, you can get Tim's newsletter by going over to www.Ord-Oracle.com. That's www.Ord-Oracle.com. Tim Lloyd, what's going on, brother? All right, actually, we're gonna review another, well, same chart as the P-Summation Index. We kind of been following it for the last couple of weeks. Yes. And so, chart number one is that Summation Index. It's just kind of a, just a quick review. Okay. This Summation Index needs to get below minus 700. Yep. And then from there, it needs to rally to plus 1,000, and you like to have that happen within two months or around two months. Yes. It doesn't have to be exact day. But anyhow, but back on October 27th, we had 813, we had minus 813 on the Summation Index. And this is yesterday's close. Today's actually gonna be a little bit higher, but yesterday's closed. And so anyhow, two months added to October 27th, comes out December 27th. And so yesterday was two months and the Summation Index closed yesterday at 1,033. Oh, man, you gotta love this. Wow. Yeah, so it met the parameters and if you look at the chart, it goes back to 2007, looks like. Now it listed all the times, red lines are when the Summation Index get below minus 700. The red lines are the times when the Summation reached plus 1,000. Yes. And all of them predicted a major run to the market. Matter of fact, it appeared at the last year of 2022. Well, we had a great run this year. S&P's are up 24%. And picked out the low of 2020, the COVID crash. You know, and that thing went way up. So now we got another situation. So that predicts 2024, probably will be a double digit up year. Yeah, and that'll blow people's minds. 10% to 99%. I know. And you know, folks, if you've been following Tim and myself, you know, what's amazing about this is that, you know, in this particular one, we went right from the minus 813. And the thing is, Tim, you know, it's so cool, man. It's crazy that it hit exactly at the two months. I mean, when you've been explaining to us, we know that it doesn't have to be two months to the day, but it is pretty cool that it was two months to the day, isn't it? It's like, wow. That's two months to the day. And actually, you know, the McCall and Oskler will be up again today above zero. That'll predict that the market or the summation actually index will be higher tomorrow. Okay. Which is not a big deal. But anyway, we reached the parameters, you know, can it go higher? Yeah, but we reached parameters. So 2024 looks like pretty good year. Because this is not a short-term indicator. Yes. They're not saying every month is going to be an up month, but it does say next year or the next 12 months, most likely it will be up. Right. A pretty high probability of time. So let's flip to chart two. Okay. And where we're going to go. I know there's a couple of different things here. Actually, we'll do the bottom window. The bottom window is the SPX VIX ratio. Yep. And back in October, from October to, I don't know, October to December, 2021, the S&Ps were making higher highs, and this ratio is making lower highs. That's a major divergence, suggesting that the market's going to have a pullback. Well, it pulled back really good into the October low. And right now, the S&Ps are hitting higher highs, and this ratio is also hitting higher highs. I also want to point out, if you draw a line from the October high, back in 2021, and you draw that line connecting to the, looks like July of 2022, you can see that line went down on the S&Ps a little bit. But if you look at the ratio, that made a higher high. I see. I can see that. I can see that. On a timeframe, that's bullish. So that's what I'm trying to point out. Yes. So even though the S&Ps right now are probably touching the highs of 2021, and the ratio's already broke to new higher highs. Right. So on a bigger timeframe, that's really bullish. But even on a short term timeframe here, that's labeled in light blue, the S&Ps are making higher highs along with that ratio. So the whole thing's all bullish far as the VIX is concerned. And what I'm thinking, this pattern that is forming here is the head and shoulder's bottom, and we just broke the neckline right now this month above that 4,600. So I'm thinking this whole thing is the head and shoulder's bottom, which projects, head and shoulder's bottom, projects a minimum major target to around 5,700. Yeah, just stay right there, Tim. We'll get a quick break, and Tim and I are gonna be right back, folks. We have the Dow of 99, Nasdaq's up four, S&Ps are up one, Tim and I come right back, folks. You might think that if you want to be successful at trading in 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 Basil 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. Get the opening call newsletter by Basil Chapman in your inbox every day. 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. tfnn.com, educating investors. Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master. Steve won the prestigious Timer of the Year award in 2018 and barely missed that mark again in 2019, finishing at number two for the year, an amazing accomplishment. Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day. It is Mastering Probability Newsletter. Steve's award-winning newsletter, Mastering Probability, is delivered every trading day with updates throughout the afternoon. Sign up for Steve's market newsletter, Mastering Probability, and you'll receive access to seven of Steve's educational webinars absolutely free. At tfnn, all our newsletters come with a 30-day money-back guarantee so you have absolutely nothing to worry about. Visit tfnn.com and try Mastering Probability 30 days risk-free today. tfnn, educating investors. 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 a.m. to 4.00 p.m. 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 or Brian. We do appreciate you go rowing and prowling with us. And Tim is showing us this head and shoulders that he's looking at. And as Tim has told us many times, you have to bust that with a sign of strength. And Tim, I just did these numbers, man. I guess there's no doubt. In December alone, we went up 240 S&P points, man. Pretty cool. Yeah, I'm thinking so as it's a logical break. And you know, time will tell, but you know, the VIX would show up bearish here. And it's not doing that on the bigger time frames anyhow. So I'm thinking this is a legitimate break. And maybe we rally up, come back to the neckline at some point and we'll have to wait and see from there. But normally we break the neckline, that becomes support. So the worst scenario, I guess in the next 12 months is 4,600, so we'll see. But we can take a look at the short term now. So the bigger trend, my opinion, according to summation index, and according to this head and shoulders bottom, you know, the trend's up next year. But on a short term basis, I got some minor diverges just going on. So if you want to, we can go to chart three. Awesome, I'm there, yep. All right, chart three. The middle window is the TLT to VIX ratio. Yes. So TLT is the bonds and the VIX is the VIX of the VIX. The only reason why I'm using that, it responds faster than the VIX. Okay. So actually the VIX goes up before the VIX goes up. So anyhow, it puts a little octane into the indicator a little bit. So you get a little bit faster responses. But normally, I kind of listed there in pink the time for the S&Ps, which is the bottom window that the SPY and the bottom window is going up and that ratio is making, as the S&Ps making higher highs, that ratio is making lower highs. Yeah, that went down quite a bit, huh? I see that. Yeah, yeah. So right now, you know, it's, you know, the S&Ps have been going up here, you know, good. You know, I got along here a couple of weeks ago or something like that. I kind of sold it because I've seen, this is one ratio that's showing a very sign. Nothing real huge, but... Yeah, you sold it to close yesterday. So let me ask you this. I know that in July, I mean, that was the big deal in July. This thing came down pretty quick, huh? Didn't it? Interesting, man. Okay, yeah. Yeah, it came back, you know. So anyhow, I sold it yesterday. I'm not really hugely bearish here. Right. But I'm thinking this is probably a trade and we'll go for the next couple of charts. I think that may, what develop, we'll have to wait and see. But anyhow, that's given a divergence. The TLT, the VUX ratio is given a divergence. And the next one, this is on chart four. Okay. This is the, just the VIX. And it's kind of the same thing. If you look back in the high of July, you know, the market was going up and the VIX was making higher lows and actually had a bullish scenario back in, I can't read, December, early December, it started going up and actually the VIX made a lower lows. But if you notice over the last several days here, matter of fact, even look today, if you got a chart, you know, the S&Ps right now are, yeah, they're still up just a minor bit, but the VIX is also up today. Right. Just on today. But if you look at the far right, well, the current pink area, I guess it was just a little bit brighter pink than the other areas. If you notice, the VIX is making higher, yeah, higher lows as the S&Ps making higher highs. And that's also a kind of divergence. So we've got two different things going on in here. Yeah, because like even four days ago, the VIX really popped and then it came back. And as you said, I mean, because four days ago what happened folks is that you had two separate days that, you know, we popped up to that 1449 and now you're back to 1253, but you're still up 10 ticks. Now, I get what you're saying. Okay, cool. Okay, yep. Yeah, so, so I hear, so anyhow, so I'm thinking at least you got some very scientist. On top, you know, at bottom, you get a blowout, you know, and everybody runs to the door. So bottoms, you get closer to a bottom that you can usually at a top. You know, if you hit a top at the exact day, you know, in my opinion, you're just lucky. But anyhow, you got some science here. So I'm thinking, now you move to chart five. Okay. And I circled two big volume days on the volume chart there. And a lot of times those big volume days are tested at some point. And you got two basically in the same vicinity. So I'm thinking this is a rising wedge going on here. And you may see a pop down to test those big volume days. And that's all. Yeah, I'm not looking for a big decline. Because we got, you know, on the monthly chart, you know, your neckline's at 4,600 neckline. So that's the worst case scenario, I think it's 4,600 on the SPPs. And but I think you may pull back there maybe in January, first part of January. Right, and if you're looking at the spy right now, folks, where Tim is pointing out, we're at 4,7707. Well, the number he's looking at with that big volume day is four, it goes from 4,70 to 4,67 actually, yeah, okay. Yeah, so yeah, around the 4,68, whatever, somewhere in that vicinity. And that's just, you know, the old teckel analysis rising wedge pattern. You hit new highs, volume's dropping off. Right. And you see a reaction, you know, this probably would help to bump up the trend too. You know, you get these panic down days because normally when these rising wedge do take effect, you know, you're talking extremely fast declines. Yes. You know, right. And so that may pop the trend up. Maybe we get lucky and get a two or three a day on the trend, which will be bullish. And that'll line up for another trade to the upside. You'll have to wait and see. But if you look at the bottom window there on this chart too, you can actually really see how the VIX is going here. The S&P's are making higher highs. You can see the VIX is making higher lows. You know, that's very divergent. The also you can see, even though today's up a little bit, not a lot, you can see the VIX is actually higher than yesterday's close. Yeah, and you know what's interesting too, Tim, on your five day arms, you're gonna have that 3.69 fall off today. Yeah. Right. So we need some kind of energy to go on forward here so you get these low declines to get that five day, 10 trade back up where they need to be. So nothing real bearish, but I think it's just a trade. You know, things are kind of extended and blinds light. So I got a couple of divergences. So am I gonna play your short side? Probably not. No, no, I get that. You're threading the needle, man. I get it. It's pretty cool. Yeah, you start threading the needle and I've done that too many times you left behind, but I do think some sort of a pullback may happen here, probably within a next week or so. Which it totally makes sense, man, because this run has been extraordinary, just no doubt. And you know, we have folks, okay? You know, we just got a call prior to you coming on, Tim, and you know, this gentleman was talking about, you know, tax selling and, you know, because he's made some money in the gold market and he has a couple of gold stocks that are no good. And you know, what does happen, folks? I mean, you know, the Nasdaq's up 55% this year. So I'm sure there's, you know, there's folks that, you know, are gonna take some of that money. So, you know, the real bottom line is that, are they taking it this year? Or is it a January 3rd phenomenon, which we have seen many times, okay? Stay right there, Tim and I are coming right back, folks. We have the Dow Industries up 105, Nasdaq's up 11, S&Ps are up three. Don't forget, you can get Tim's newsletter by going to www.oldord-oracle.com. Come right back. If you're looking for potential trading setups in the stock market, then Rocket Equities & 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 & 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 prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact Direction Shares at 866-476-7523. The prospectus or summary prospectus 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 for Side Fund Services, LLC. The reality is that navigating financial markets can be risky. Markets can be chaotic and difficult to understand. Having the latest market advice can help you turn this chaos into a key for creating winning trades. At TFNN, we understand that it can be hard to find reliable market news. That's why each of our market experts offers their very own market newsletter. A must-have tool for every trader out there striving to find an edge in today's markets, TFNN newsletters cover every aspect of the markets so you can analyze the market before you trade. Try any of our great newsletters risk-free with our 30-day money-back guarantee. Just visit the Newsletters tab on the front page of TFNN.com. TFNN Educating Investors. TFNN has launched the Tiger's Den, hosted at Discord. TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours, the Tiger's Den, available to all tigers and tigeresses for just $1 for the year. There's no catch 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 Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. Welcome back, folks. Tim O'Tilmore Brown, we do appreciate you going around and proud of you with us out here. We have the Dow up 104 and ASX up 11. S&Ps are up 250, that's 2.50, and we are kicking into the new year right now. We're going over some charts with our manager, Tim Ord. Okay, cool, Tim, I'm ready. All right, so chart five, like I said, is probably could be a rising wedge and nothing real significant to the downside, but probably go back to, I think, was a December 20th low, and that's it. Then from there, the bigger trend's up, so little chart probably next week, so chart number five, six. Yeah, yeah, I just want to, one thing that you had said, Tim, I just want to go over this for the listeners once again. So it's important that if you caught what Tim said, folks, okay, when you have a rising wedge, right, and he's looking for the bar, the December, well, December what, I'm sorry, Tim, December? The December 20th, I think it was. Okay, cool, December 20th. The December 20th low, that's that big black bar. I got it, yep. Because what does happen on a rising wedge, folks, as Tim said when he was going through this, is that that, when you get a pullback, it's not only fast and furious, man. So you might think the end of the world is coming in and there's no such thing, and then anyway, because I just wanted to bring that up again, because when you mentioned it, you know, we've traded a few of those over our years, Tim, and it's pretty cool. Yeah, and so normally they get down what we're gonna hope for is that trend on a daily basis jumps up, and that kind of puts fuel back into the five and 10-day panic trends. Exactly. And so, you know, if that 10-day trend gets down to like, you know, 0.9, 0.8, a lot of times it'll come near highs. Right. So you always want to feed that trend to hopefully stay up around 1.2 or higher. And if it does, then you got fuel to push that market higher, because the fuel, the panic is the fuel to push more, you know, you know, Joe Granville, he said, you know, the market climbs a wall of worry. Oh, yeah. And that was back in the 80s when he said that he's, I doubt anybody remembers him anymore, but. We do, though. I mean, Karen, listen. We do, yeah. I had him on a lot, man. He was awesome, man. I did, and if you heard him, folks, okay, you'd always say that, yeah, you get the generals and then what, the generals would leave first. The generals leave first are the troops. The generals, yeah, the generals take off from the bottom and use the troops or whatever, follow later. So, but yeah, you had a lot of good points. You know, when he said the wall of worry, he didn't really understand, I don't think, you know, the panic aspect of it. He didn't gauge that. Oh, no, that's for sure. No, yeah, I know. And so I took that, I always thought about that and I'm thinking, well, how are you gonna find panic in the market? So that's how I got to the trend. Yes. Because if you break down the trend, you know, panic forms when all the stocks are down and all the volume are in the down stocks, well, that's panic. Well, the trend helps you find what that looks like. And that's usually what happens when the trend gets up around two, you know, two and a half, three or even higher. Yeah. So I put a definition to that wall of worry thing. It's a beautiful thing. I like it. Yeah, yeah, it works pretty good. Oh, it works great. Listen, man, you've been showing these shots. That, that, well, especially just the last panic, man, the last one we got that free point something, that was a one day wonder, man. That was it, right? I mean, it's not like, yeah. Yeah, right. Actually, that was on December 20th. Yeah. That's that big candle down there. Okay, perfect. I got it. Okay, cool. I got it. Yep. And also there's another indicator too. There's a two day trend. If you get a two day trend that adds up to four, so you can have one day at 2.5, another day at 1.5, you buy that trend, you buy that close because they're not gonna let you in the next day. Okay folks, and remember this program's archived. So all these little tidbits that Tim's giving us, okay? Write them down, man. Write them down. Don't write them down if you're driving right now when you listen to it on your radio. But write them down. Yeah. But you know, that two day trend. We're getting Tim on secrets. Yeah, it was actually, well, it was 3.93. Okay. So, you know, not exactly four, but close enough. Yeah. But if you bought it on the close, you know, you had a one, two, three, four, five day rally here. So. Right. All right. But you know, that's just a short term trade doesn't last forever. But if you get a two day trend that adds up to four, buy it on the market or buy market on the close. Nice. There's usually no tests or anything. You just gaps up and goes, just keeps going. We can flip to chart six now or we had more questions on part of chart five. No, I'm ready. We're at six. Okay, cool. All right. This is just momentum indicator. Measures the up volume and down volume. What I found worked the best is up down volume to really get the trend in the market. That's the bottom window on this chart. And it's a 50 day average of the components in GDX and up down volume percent. Yes. And so when it's basically above zero, the market's in an up trend. When it's below zero, market's in a downtrend. And it's pretty much as simple as that. So right, and when I did this chart today, it was like plus four and change, which is kind of like the midpoint of where it usually goes, even though the market's off today, a couple of percent. Okay. If it stays above zero, normally that's a good sign the rally, in general, probably continues. So it's just a momentum indicator on up down volume. And that's all it is. Okay. There's some other stuff on the chart, but what's important is momentum. So let's flip to chart seven. Okay. And this is the charts that you wanted. This takes a bigger chunk out of the market. And the bottom window is the cumulative advanced decline. And the next window up is the cumulative up-down volume on the weekly timeframe. So all the blue timeframes is when those indicators closed above the mid-bolinger band. And the red indicators or the red lines are cases when the cumulative up-down volume band spine indicators close below their mid-bolinger band. And it got a little whippy here back in October, went for a buy, went through a sell. We've been on a buy for about, oh, mid-November. And both indicators are still well above the mid-bolinger band. This is today's reading. Okay. So this is the weekly timeframe. So it takes out all the whipsaws, I guess. Some of the noise, yeah. Is look at the bigger trend. And so this chart helps to do that. So this chart can give signals that could last a month or two, sometimes even three. Okay. And sometimes you get whippy, but in general it's meant to trigger a multi-month rally. Most of the times it does that, sometimes it doesn't. But as long as both those indicators are above mid-bolinger band, you usually got energy to the upside that can carry the market higher. So whatever's going on right now on the bigger time frames is probably still up. We're not seeing any really major diverges. Both of the up-down-volume bands quite an indicator are above the mid-bolinger band. So on an air midterm basis, this still looks bullish so far. And so how long does it remain bullish until they close below the mid-bolinger band? And so when's that? I don't know. But it's a momentum indicator. But this is a weekly timeframe. Which is sweet. Yeah. No, that's all right. Tim and I, we got one more shot. We're gonna do it as soon as we come back, folks. We have the Dow Industries up 78. NASDAQ's up eight. S&P's a flat. And don't forget, folks, you can get Tim's newsletter by going over to odrd-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 season 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. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30-day money-back guarantee for all new subscribers, so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to tfnn.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter, Market Insights firsthand. T-F-N-N, educating investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at tfnn.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pesavento on stocks you need to pay attention to, and you can trust Larry's analysis. 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. The reality is that navigating financial markets can be risky. Markets can be chaotic and difficult to understand. Having the latest market advice can help you turn this chaos into a key for creating winning trades. At tfnn, we understand that it can be hard to find reliable market news. That's why each of our market experts offers their very own market newsletter. A must-have tool for every trader out there striving to find an edge in today's markets, tfnn newsletters cover every aspect of the markets so you can analyze the market before you trade. Try any of our great newsletters risk-free with our 30-day money-back guarantee. Just visit the Newsletters tab on the front page of tfnn.com. 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 Oytama, we do appreciate you growling and prowling with us as we're kicking into 2024, folks. Pretty amazing. Okay, Tim, wanna go to that last shot? Well, okay, we can stay on this one. What is this? Chart number seven, this is a quick repeat. But anyhow, that's the weekly chart of cumulative advance decline. Okay. And both of them are right now above the mid-bowl in Japan, which is bullish. So that projects, you know, maybe you got a month, maybe three months of rally, you're not for sure. But anyhow, the weekly charts for the momentum up, down volume, advanced client indicators are bullish. So let's flip to chart number eight. Okay. Now, this is the same chart, they're both, but it's on the monthly timeframe. And this is a chart that you want to see close above the mid-bowl in Japan. I get it, I see. It's the yearly, most of these signals last a year. They can last actually four years because the last time this chart gave a signal was back in January, looks like about January 2021, three years ago. So this is the chart that we need above that mid-bowl in Japan. That's the bottom right, yeah. Right. Both of those indicators need to give above that mid-bowl in Japan. And normally they're not whipy. You know, once they get above them, normally they start that trend. So what this projects, if they both do, and the weekly says you got a good chance if the market can rally over next month, maybe two, if that can happen, which is logical on the weekly timeframe on the up, down volume, advanced client indicators. Most likely that will push the monthly above the mid-bowl in Japan. Right. If that's the case, then that would project at least 2024 is gonna be an up here and could be even 2025. Because right now, I mean, we're right underneath it in both of them, right? I can see that, yeah, so. Yeah, the second one up the mid chart, there's right smack at it. Yes. Any minor strength will most likely push that above at the bottom window with the up, down volume. You're in that a long ways from it. You know, a decent rally over the next month may push it. And that could open the door for, you know, a year, maybe two years of rally. Yeah, I love it. Well, listen, man, we appreciate all the great education in 2023. We look for more in 2024. Happy New Year, Tim. Thank you. Stay ready. Well, I'll do the update, folks. Right back.