 as 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 Alan Tamp. Hey, Al, what's going on? Oh, it's a beautiful thing. I mean, if your listeners don't get the gold report, they're missing out. I mean, with your gold report, you just print in money. I love it. You're my best dad out there, Al. Let's go to Jeff in New Jersey. Hey, Jeff, what's going on? Great. Hey, listen, I was calling to thank you. A few weeks ago, you were prompting on your show to fill out that $10,000 grant? Yes. So I filled it out, and just a couple days ago, I found $1,000 in my business checking account. That's awesome, man. That's awesome. Yeah. Oh, it's to you, because if it wasn't for your prompting, I would have just assumed no way I would have gotten anything. So I wanted to thank you. No, we appreciate you growling a problem with us here. 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. HotTFNN.com. Always remember, folks, whatever you think about, you bring about whatever you focus on grows by when it's having a great day, safe day. Let's make it a great night, folks. To master love, you have to practice love. The art of relationship is a whole mastery. And the only way to reach mastery is with practice. To master relationship is therefore about taking action, not about attaining knowledge. Mugged wise, let's take a look at it out here. We have the Dow Industries down 51, NASDAQ off 129, S&P's down 24. Gold. Gold contract up $1.80, trading at $19.96 an ounce. We have silver down 4 cents, $22.96 an ounce. Light Sweet Crude down $2.08, $83.31 a barrel. Notes and bonds. Big moves out here by notes and bonds, folks. Bottom line to 10 year, up 26, a $1.0610, and I'll bring that up. It was actually more than that because we were in the negative, rejected lower price. And then you had the 30 year, that's up a full point plus 13 ticks, trading out at 109.26. Kingdoll, Kingdoll's up 77 ticks, that gave it up on price 106.606. The Euro at 105, the end trade 150 in the British pound at 121 to one US dollar. Our phone number's 877-927-6648. Give us a call, folks. I want to know what's going on in your world and the world of the S&P's, let's take a look at it. We're going to bring up the E-mini first because the E-mini was a one-way route all the way down today. It turns around, we're down about 52, 55 S&P points. We're down to 41, 46. Yeah, and we're 40 points above that right now. Now, let me show you, though, there's an ABC structure on the way up here that gives you a price projection of $29.92. Let's just see what we hit right there. Oh, that's pretty funny. So we just hit $2191.25. So what happens is that in his year, if you just want to see how this works, he has your ABC up, intraday. Watching Tiger TV, you can see them just mocking us on. But this bar, check out this bar with volume. It's a 28A to B equals C to D. So that being said, I expect what you're going to see here is that you're going to run right into the close. We just finished the ABC. We missed it by, what, three quarters of one. But I don't think we're going to miss it because when you come back this much, it's going to take, so watch what happens here. Because we have that big bar there, that, yeah, you can pull back into that bar. Yeah, but look at this, this is there. See the last bar here has volume, too. So this is going to build a little bit more cause and then make a run for this 40205. That's in your S&Ps, NQs. We take a look at the NQs. Now it will be interesting to see that if in fact that takes place because if it does, it'll be one of the first days that we don't sell off into the close. Because what we have done is that we've done some counter-turn bounce intraday and then just sold right into it, into the close this is. So if we take a look at the NQs, they had a low to have about 14,140. They're 140 bucks off that level. Now it's the same deal, okay? That took out a B point, so this is also an ABC structure up and that high does have volume. That high out there that we're talking about the 14449. Now that would be quite a run for the NASDAQ to do that. I can see the S&P doing it. I kind of see the NASDAQ getting that fire up, but you never know. Okay, gold, let's go to the gold contract. So gold bottom line keeps wanting higher price and this is in the context of, we do have higher interest rates, but guess what, it's not stopping it. And what we are getting is that we're getting an average of 200,000 contracts a day pushing on the swing, which is awesome. Or 203 and then notes and bonds. This is the number here, man. I mean, this has been pushing back and forth off these lows. So this is the sixth day that we're here. And what we had out here this morning, well, first off yesterday you came down and bottom line is that you had light of volume but you didn't reject lower price. Today what ended up happening is that we did get a couple ticks lower and then it took off like a rocket ship. So what you're also gonna have, now watch this, this gets interesting for folks that like candlestick chatting because what you're also gonna have is that you have a bullish engulfing here of the last three or four days, which is the positive sign. We'll see whether we get feedback, follow through tomorrow, but that's a real positive sign. And if you go into the, so that's, we go to the 30, we take a look at the 30 year. 30 year right now is up a point and a half, same setup, same setup. You get 531,000 contracts, it's good contract volume. You know, if we get a couple of days like this, you are gonna start seeing people pile into the note mon market. You know, that's because it's been such a downdraft. And then we go to Kingdala, we take a look at Kingdala. What you're gonna see with Kingdala is that, you know, it had a decent bid today, man. You know, particularly because what had happened is that yesterday, let's do it this way. Yesterday you were up on Kingdala and the prior day you were, and then today, man, it just gave it up. And it's a nice way that it gave it up actually because it got over the highs of the last week and a half and then just gave it up in spades. We got to 106.894 and now we're at 106.634. You know, so it got over that swing point of the 106, yeah, it did. It got over the swing point of 106.787. That was the last time that they're trying to get back inside the channel line, gave it up. Now what that sets up is that we're gonna go right back down the other side. So we get a market here, man. That's the real bottom line. It's a decent market. Dow, Dow Industries, a decent trading market that is. Dow Industries down 106, NASDAQ off 157, S&Ps down 32. Stay right there, folks, come right back. 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 TFN.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. 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Toll-free at 1-877-927-6648, internationally at 727-873-7618. Welcome back, folks. We have the Dow. Dow Industries right now, down 95, you get the Mazak of 152, S&Ps are off 30. Let's go inside the Dow Industries and take a look at the straight versus the weakness right now. And point-wise, what we have is this, okay? Oh, look at that, IBM got a, yeah. So IBM's the big boy on there today, putting 44 positive points, Boeing 26, Merck 19, taking away from it. You got Microsoft minus 71, Visa minus 23, and you got Apple minus 23. We go inside the NDX100. We take a look at the NDX100, strength versus weakness out here. You got Oli, O'Reilly came right back. Look at this, man. We were talking about this yesterday. So you got O'Reilly, automotive is up 6.5%. JD.com's up four. You got OnSemi, up three. And you got, what is that? Oh, Baker Hughes, Baker Hughes up 3.2. Taking away from it. Oh, look at this one, man. Aligned technologies on 24%. That is sick. Okay, I'm not gonna see this thing, man. And then Comcast, Comcast up 7.5. That's a big number too. But, okay, so let's, we'll get back to Aligned Technology. One second. Yeah, whoa, whoa, whoa, whoa, whoa, whoa, whoa. What you wearing? Where am I going? Okay. Folks, let's get over to our man, Mr. Tim Ord, as we do every Tuesday and Thursday. And don't forget, you can reach Tim every trading day at od.oracle-oracle.com. It's od-oracle.com. Now, check it out, folks. Okay, our man, Mr. Tim Ord, he is gonna be doing a webinar for you. And what it is, it's the six secret ratios every trader should know. You know, Tim's been on a long time now. He's on twice a week with me. He's been going through these ratios. If you wanna understand these ratios upside down to take a look at these ratios, specifically are gonna be for the S&P 500, as the directions of these markets. If you come over to our website at TFNN, you're gonna see it right on the front page. This is where the webinar is gonna be on Tuesday, November 7th, from 4 to 530. It's only $149. And bottom line is that you're gonna have six different ratios that I encourage you to understand them upside down and then you sleep, and then sleep walking and everything, okay? Because the bottom line is they're really useful in a monster way. So check it out on the front page of our website at TFNN. Again, that's gonna be on November 7th, and we're gonna be talking about, he's gonna be going through the TLT VIX, the SPI VIX, the SPI with the VIX. These are all different ratios that no one does, folks, okay? You know, the American Association of Individual Investors, bull bear stats, and then of course, the panic levels. Tim, what's going on? Well, we're gonna take a look at the FMPs here. We've got something interesting going on. Okay. Let's take a look at the bigger picture. We'll start with chart one. Okay, good, here we go. One second, I'm gonna get it right now. Okay, I'm ready. All right, the top window is the NYSC McCall and Summation Index. Yeah. And when that gets brown below minus 700, yesterday's reading was minus 739, and today's probably gonna be lower than that. But anything below 700, you're going into capitulation, or you're going into a panic situation. So it can go lower. Something, you know, if you look back in, left side of the chart, 2008, went a lot lower. Yes. But what's important, we're reaching below minus 700 right now. So I wanted to point that out, I pointed that out in my newsletter yesterday, today is even going to be lower. So it doesn't really mean anything. It means that the market is kind of giving up, is reaching, I guess, a capitulation level. And that's one indicator kind of defines when that's starting to happen. Does it say that we're at a bottom right now? No, but it does say that we're probably close to one. So let's now flip to chart two. Okay, chart two is just really an easy indicator. This is just the weekly SPYs. And I took this back, far as like, I don't know, 20, 30 years ago, I don't know, whenever SPY started, I kind of looked at that. And, but anyhow, what's important on this chart, this is a weekly SPY with the Bollinger bands on it. And every time you get below the lower Bollinger band, you're kind of into a very rare territory. And most of the times you're knocking at a low. I see. And I made this chart earlier today. And so ideally you want to close down this week and actually close below the lower Bollinger band. So the lower Bollinger band is two deviations from the norm. I see. So the upper Bollinger band is two deviations above and when you get below two deviators. So it's out of the norm this happens. And if you hang around the mid Bollinger band, then it doesn't really say a lot. But I marked the times over the last, where this chart goes, it looks like about two years. And every time we close below the mid, the lower Bollinger band at least got a short-term balance. So the markets still down today, we're down about three quarters of a point give or take. And so ideally you don't want to market the rally here. So that's another indicator saying, we're probably close to something. So let's go on to chart number three. And what I just did, Tim, is that I actually put up what you were just talking about, meaning the Bollinger bands and the SPY. And I just brought it back even three years on a daily and there's no doubt, man, every time it gets down there. Look at that, that's crazy, huh? Wow. Yeah, so it's a real simple indicator to follow. And so what it is, it's kind of out of the norm. It's a market, the market goes one way too fast. It's gonna go back to the norm, which in this case be the mid Bollinger band. That includes going up, but up through the upper Bollinger band, a lot of times it'll create sideways and go back to the mid Bollinger band. So that's all this is, it's kind of a, it's like a rubber band being stretched too far. Yes. And that's all it says. So that's what you're kind of looking for. So you're kind of looking for, a lot of people are afraid of panic. Panic is the best thing you can find in the market. Because if you can find it and identify it, you're looking at a low. And maybe not the exact low of the exact hour, but you're in the vicinity of the low. You're in good shape. You're in pretty good shape, yeah, right. Yeah, you're in good shape. So whenever I kind of jumping out of the windows and stuff, you know, you're probably getting the best buy of the year. And the higher the panic is, the more stronger that rally happens. So if you get minor panic, you get kind of a minor rally. If you get major panic, which we had from 2022 of April, 2023 April, there was a lot of panic in that sideways move. And so I'm thinking you're looking at a bigger timeframe, kind of a bully situation. So, but anyhow, I know we've got a... Yeah, that's just... You're going to hear music here in about 10 seconds. Sure, well. And listen, folks, as we come into this break, bottom line is to get over to our website at TFNN. You're going to see it right under featured content. I'm at Mr. Tim Hoid. Six secret ratios every trader should know. And you've been listening to Tim long enough, folks, okay, that, you know, you're a trader out there, man. You want this in your toolbox in a monster way, not in a small way. We have the Dow Industries right now, down 120 and as they got 160, it's a piece of 34. That workshop's going to be November 7th, folks, from four to five, 30, it's only $149. Check it out on the front page of TFNN. Tim and I are coming right back. 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. 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And folks, Tim has a new webinar coming up. It's gonna be on November 7th. Okay, the six secrets of six secret ratios that every trader should know. You know, we've been talking with Tim for quite some time right now. You know, he does these ratios. Bottom line, folks, if you wanna understand the ratios upside down, come over to our website, it's only $149. And then, of course, it's archived cause you're gonna wanna go over these over and over again. That's the reality. And then, bottom line, once you get them nailed, it's in your tool box, you're in great shape. Okay, Tim, so I'm gonna be, I'm on number, let's see, what number of shot am I on right now? The, uh, chart three? Yes, chart three, okay. All right, chart three. This is a kind of a unique indicator. The middle window is the bond, which is a TLT. Okay. 20 year bond, slash BVIX. And the BVIX is the VIX of the VIX. So it's kind of a obscure ratio, but anyhow, it works pretty well. And so it kind of, I measure the velocity of the up and down of this ratio. And so when it goes down too fast, you know, the top window is the rate of change, the 10 period, which is a two week rate of change, when it gets below 20, it's a bullish sign. And then the next window down is RSI 10, not 14, but RSI 10, and when it gets down below minus 30. So when those two indicators reach below the sign that oversold numbers, you're usually at a short term low here. And this chart goes back, I don't know, about five, six years, whatever. And the red lines show the times when this ratio reached RSI and ROC bullish levels, I guess you might say. And currently we're in that bullish level right now. Last time we got it was at that previous low. And it pretty much picked out all the, even the minor lows didn't pick out every low, but it picked out most of the lows. And it's currently giving a bullish sign right now. That's pretty cool. I kind of want to look at the bigger picture, say where we are. So we're not starting, part of the market is concerned, we're not starting a major decline here. We're ending one, or not ending a major decline. Let me ask you, how the heck did you come up with this ratio? I gotta know this, man. I mean, I mean, I know you do so much work. I'm just curious. So, what I like, you know, anything to do with a VIX and a VBIX, I try to incorporate, and I try different things with it. You know, and I came around the bond stuff and I couldn't really figure out how to make it work. And so I just started screwing around with the RSI and I don't see if they ever made sense. And I go back and back test it. And it's pretty easy to back test a lot of these engineers. Sure, sure. But pretty cool, man. It seems to work out pretty well. And why it works, I really don't care. Oh, that doesn't matter. No, listen, folks, this is what Tim's going to be doing the workshop on. See, this is the stuff, folks, okay? If you can figure out where the bond is going to go, particularly in we're in a high interest rate environment, folks, okay? And if, in fact, that rates maybe have topped, okay, the bottom line is going to make a huge difference, man. I mean, you know, if, you know, like right now, you know, we've been messing around with this bottom and the bonds, you know, for, you know, the good two or three weeks. But the reality is if you get it right, well, guess what? You're going to have a lot of breathing room inside the markets, including the commodity markets. You know, because the further that the bond goes higher, the lower the dollar's going to go. And if the dollar goes lower, that's going to put huge oxygen inside the commodity market as well as the S&P. So pretty cool ratio, Tim. Nice. Yeah, it is. And so we're not going to adore here, too. If you know, again, if you look at the previous chart, number two, chart number two, which is basically that weekly SPS, you know, we're below the Bollinger band. So we're two deviations away from the norm. Right. And now you've got something totally different. You know, it has nothing to do with Bollinger bands. And you got this ratio saying, yeah, you got something going on here. Right. So it's starting to put together. So let's flip to chart number four. Okay, I have it. All right. So, you know, we show this chart a lot. And it's the, you know, I'm a big fan of panic. Right. And the more panic it is, you know, usually you don't want to say about it because everybody hates you because everybody's on the other side of the page. And so if everybody's short, and I'm thinking, you know, I think I'm going long here. You know, you, you get a lot of curse words thrown at you, but anyhow, the 10 day trend is a good way to measure panic. It gets up around 1.2 or higher. And all the shaded kind of a pink areas, there's the times when that happened. Well, this indicator right now is not even near panic levels, according to the trend readings. There's other, there's other indicators which already showed you that as is unusually in an area where a bottom music forms, but so far the trend really hasn't panicked yet. Right. And, you know, we're setting that support. Maybe we'll get a little bit below support. I got a dotted line going across the SPs there, which is right on that 420 on the MPYs. And so we may, you know, you can push down that little trend line. You can hit more tops around like, looks like about 400 level. If you can eyeball it there, I should put that in. And we may go down there. I don't know. And, but we got, you know, we're looking at a low, you know, all the panic usually happens right after lows. So it doesn't take weeks and weeks of panic, but it does take two, three, four days of panic to get that low end. So, you know, maybe we won't see a low this week, but I bet, you know, if this decline keeps going, which I think we're awful close to a low, we're probably gonna get panics and ticks and trend. Right now we got a trend reading 1.05, you know, in the beginning of the day, we had 1.4. So we'll have to wait and see how, if that will generate a signal or not. But right now it's not, but I have a couple, you know, the other three indicators are in bullish territory, but the ticks and trend, you're starting to nail it down to actually the day of the panic. So you're really getting close to it. You're not gonna be a week off. You're gonna be maybe a day or two off, but nothing. So it gets you a lot closer to the low. So you're buying the time when it's actually showing the greatest panic. So we're all close to it. And you know what's gonna be interesting, Tim, is that what happens, folks, at the 10 day, we're gonna be dropping off a 0.40 and a 0.54. 0.40 just dropped off today at 0.54 tomorrow. So that makes a difference. And with those 2.40 and 5.4, folks, that was fair of missing out, people coming in and buying the market, even though it was going down, but that's how it goes, yeah. Yeah, and when you're on the 20th, which is what about, not quite a week ago, the 20th is, say 30, the last Wednesday, we had a 1.47 last Thursday, 1.00. So we're getting there. And yesterday is 0.78, that's a little bit disappointing. And maybe today the market sells off, we pop up to maybe 1.2, maybe 1.4, I don't know. And... Well, it is interesting because when I... My best trades come on Fridays. Okay, cool. And then it gets quite all over the weekend. I like it. I like it. And you know, Tim, what I was talking about when we were just getting on, intraday the S&P had an ABC structure on the way up, coming off that bottom. And it did the whole thing. It missed the price projection by only three tenths of one. And so it's interesting because, you know, we have sold off every day coming into the close. And, you know, it finished that ABC and now, you know, we were only down 22 points. Now we're down 45 in the S&P, so pretty wild. Sarah there folks, Tim and I are coming right back. 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. 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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 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 Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. O'Brien! Welcome back, folks. Tim, we're Tom O'Brien. We do appreciate you growling and prowling with us. So we have the Dow. Dow is down to $2.30 in Aztec stuff. $2.19, S&P's are off $50. If you wanna see something wild, folks, okay? You know, I started the program, we always talk about the dollar. The dollar was only down 77 ticks, okay? And bottom line had been up 223, gave it up as we gave it up. That's when the S&P went up. Well, guess what? The dollar just went up 100 ticks and the S&P just went down 30 ticks. So the correlation is still there in spades. We're talking with Tim O'Brien right now. I believe I got, what am I, I'm looking at the trend, Tim. Yeah, the trend. And so that's the only indicator, right? Short-term basis really hasn't triggered a bullish sign yet. So it's, you know, maybe we'll have to wait and see, but ideally I like, that's one of my main indicators. I always like it to confirm all of this other stuff. But I don't, we'll see, but right now it's not. So let's move on to chart five if you want to. Yeah, let me just ask you a question because it's hard to get to that 1.20, right? On a 10-day, Tim? That's the point, I guess. Yeah, you got, well, it's a 10-day, so that's two weeks of ugliness. And so you get, you know, and sometimes you don't get the 10-day there, but you may get the five-day there. And that may happen here, so I'll have to wait and see. But I have the two-day, the three-day, the five-day, the 10-day, the 21-day, and I even got a 63-day. But the 10-days of all of it seems to work the best. But maybe we'll get just a couple of days of panic and that's it, and we start taking off. It's not like cemented in concrete that the 10-day has to be 1.2. That's correct. So what Tim's also saying to folks is that we've seen it, you know, and Tim taught me to trend years ago, oh my God, 1994, which is insane. I've done a lot of stuff with the ticks and trend. Seriously, man. And I kind of got away from it, and they knew I was on the right track. I should have stayed there. Oh, I'm telling you, man, it saved me, it made me a lot of money, you know, because what does happen, folks, is that when, and it's why we just wanted to bring this up, is that you have the 10-day, but if you get two or three days, and that's 2.45, and we've had those 2.45, 3.40, in 2007, I was like, okay, I gotta do this, man. Do you know what I mean? It's like, you know. You really do. Matter of fact, there's, over the years, it kind of vary from year to year, but even in the most ugliest markets, like 2008 or something like that, when you get a two-day trend that adds up to five, you automatically buy on the close, and that's kind of rare, but right now, the way the current market is, you get two days up four, in other words, one day at three, another day at one, you buy the market. Okay, cool. You buy it on the close, because they're not gonna let you in the next day, because it's gonna gap up. So you know what we gotta ask Tim, folks? He's gonna do the bottom line, the six secret ratios. We're gonna know how many more ratios you've got, man. Yeah, yeah, there's a lot. And nobody does this stuff. I know, I know, man. Between all these different type equities really tell a story in the market. Right. And so nobody else really use them. They're using trend lines, which is kind of like old technology, I guess. No, there's no doubt, man. The correlations and ratios, particularly because you're showing that they're working. I mean, well, you're showing how they're supposed to work. Let's put it that way. And the gold market, I don't wanna talk about the gold market right now, but the bottom line is that that went like beyond belief. There's no doubt. So I think we're already off to the races in the gold market. So, okay, so what chat should I go to now? Go to the chart five, because this is another ratio, but it's gonna be on the gold market. Okay, good. Yep. All right, so the middle window, the top window is the 10-day RSI four, the next window down, which is the weekly bullish percent index for the gold miners' index flash GDX, another ratio, but it's on the weekly timeframe. And this chart goes all the way back to 2006. Yes. Now this indicator, we showed it on your show before, and sometimes it picks out the exact bottom and a lot of times, when it reaches the RSI of this ratio, reaches below, I think it's 25, less than 25, you're at a low, but a lot of times the market will flip sideways for several weeks, if not even a couple of months before the rally goes. And the stuff that I circled there in red points that point out, in other words, it picked out the 2016 low, but it went sideways for several months or a couple of three months. I don't remember what it was before the rally goes. So it does measure invigilations, what this chart does. But each time you have that circle, the market went, man. Yeah, there's no doubt. I see it, all right. Right. Yeah, so the current signal, I got it posted there, August 28th of this year, and the market still went a little bit lower. But, you know, at the previous signal of 2022, it gave a signal, but the market went a little bit lower, it kind of circled in red there. And even in 2021, it went pretty much sideways before the rally happened. So the signal was still accurate. And it did go down a little bit more like previous signals have, but the rally did come. Right. And so I think we're, you know, so when sideways, when this rally start on GDX, probably October 1st, so when it sideways for about a month, about a little over a month before the rally actually started. I mean, when sideways to down. And it was kind of ugly for that month, but my opinion, this probably is gonna be accurate again because you're looking at a bigger timeframe. And I think there's only one failure back in 2013 that the, you know, this signal was triggered and the market didn't rally, kept going down. But other than that, all those blue lines there are where the signals happen. And they're fairly rare signals. It's only happened, you know, once a year, you know, once every couple of years over the last three years that we got through that road here. And now three of them worked out pretty good. Yeah. And it's amazing folks. Okay. With the high interest rate structure, you know, physical metal, I mean, we just went from, you know, 1832, you know, and up to this, well, we hit 2009, you know, five days ago, right now we're 1994. So that's a pretty amazing run. You get the straight line run. It looks like we're building cars now. We get five days, the sideways move. And you know what the actual gold contract is doing, Tim, which is kind of cool. It's pushing on its swing now and it's averaging a couple hundred thousand contracts, which is really good contract volume, you know, inside the gold market, particularly pushing on highs. If it was pushing on lows, it would break the lows, but right now you're pushing on that swing high with some good volume. So pretty cool, man. Yeah, it's gonna break. As a matter of fact, I don't have this chart shown, but there's also a eight year cycle and a 10 year, or a eight year cycle and a 16 year cycle on gold. And we're hitting the eight year cycle right now because the eight year cycle, if you take it back, is basically a 2016 low. Wow. And so we're hitting that cycle per month right now on the gold. So, and those previous cycles, usually a pretty accurate, especially the eight year and a 16 year cycle wise, we're at a very good point here. Time's gonna run out, let's flip the chart. That's all right, you know what we'll do. I'm just gonna bring you right to the last segment too, and then we'll do the last one, okay? Just stay right there, all right? Because this is really important, folks, okay? Dow's down 218, Aztec's off 215, S&P's at 48. And folks, if you come over to our website at TF&N, you're gonna see right at the feature content. I'm at Mr. Tim O, it's gonna be doing a live workshop. It's gonna be from 4 to 5.30 on the November 7th. And, you know, it's whatever you trade it should know, these secret ratios. And Tim's the only one that has them, folks, okay? So if you wanna understand them upside down, come on over, it's archived. Stay right there, folks. I'm 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. Whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. 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When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pezzavento 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. 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. That's what I managed to timmoid. Okay, Tim, I get chart number one up. The chart number five. Five, okay, five. Right, okay, we hit that. So we only got a couple of minutes here. We hit that, gave a bicycle, and so now it's just waiting for it to go up. So now we need a trend following indicator. So we'll flip to chart six. Okay. And the bottom, this is a weekly chart. The bottom window is a cumulative, advanced decline percent for GDX. Next window up is a cumulative, up-down volume percent for GDX as a cumulative. So it measures, you know, it's a good trending indicator. It kind of gets you near the top and it gets you near the bottom. And if you notice this indicator, you have a cell signal, which is that red, the red lines are cell signals and the blue lines are the bi-signals. Okay. The cell signal back in April, and a cell signal occurs when one, or both of those indicators only need one, either or, one of those indicators closed below the mid-bolinger band. Right. When that happens, it's a cell signal. So that happened on April of 2022, stayed on a cell signal and now, last week actually both of them closed up, but right now we've still got one of them above the mid-bolinger band. And so it's still on a bi-signal. So it's a moment indicator. So it's not going to be like a week or two of rally. It could be possibly months, you know, some of them last six months, some last a couple of months. So it's flipped to chart seven. Okay. So now, so we got a weekly chart, we've bullish, this is a short-term chart. This is a daily chart. And the bottom window is the up-down volume percent on an 18-day average. Next window up is the advanced-to-client 18-day average. As long as both of those indicators remain above minus 10, the uptrend's intact. Even though we pulled back here on GDX, both of those indicators are pretty much staying close to their highs, showing that the up-down volume, advanced-to-client indicators are remaining strong. What a way to finish. You gotta love it. Folks, come over to our website at TFN and you wanna start understanding these ratios. Tim's gonna go through six of those ratios on November 7th. Check it out, it's only $149. Tim, you have a great weekend, safe weekend. I look forward to speaking to you Tuesday. That was good. Have a great one, folks.