 Let's go over to our M. Mr. Tim or as we do each and every Tuesday and Thursday and don't forget folks You can reach Tim every trading day At odd or D dash oracle comm. That's odd dash oracle dot com Tim or what's going on brother? Yeah, I guess you got my charge. Yes, sir. I do All right It's kind of a repeat, but we can kind of go over chart one real quick. Okay. I have it Yeah, and okay, the bottom window we talked about this probably I don't know three four or five weeks ago and That bottom window is the 50-day average of the up-down boiling percent. Yes, and we talked about well when this indicator gets below minus 20 Normally the market flip sideways and flip sideways You know Last three times was six months then it went sideways for about four months We'll made minor new lows. Okay in the current time in the current time frame We want sideways two months because we got that signal Right, it's like July 1st or something anyhow come what sideways and usually you kind of touch a new low But nothing real significant then once this indicator closes above 50 Which is all that blue area. I see that on the chart That's when the rally starts and I did this this morning and or it plus 98 or so almost one plus one a house above zero and this is a longer term chart This is a 50-day average and the ones we last time we on Tuesday We showed the 18-day average and it was you know Both of them closed above We're at the up-down ball includes above Minus 10 on that indicator. This one needs to get above zero this one. Okay, where are we right now Tim? We're plus one So so the 50-day Needs to be above zero Above zero plus one. So this is you know generating that signal right now. Oh, right. That's what I thought Okay, I guess that's that's my point. That's what I was that I was looking at in the blue It's okay. It looks to me like it actually hit. Okay. Cool. Okay. Yeah, so let me ask you this What it when it when it hits there, right? Is that saying that you're at the beginning of the rally versus? the consolidation maybe yeah, okay Look at the last signal, you know last signal of July of last year. Yes We got down below minus 20 right and in in October It finally got above zero and that's you know, maybe late September and so it it rallied all the way into first part of This year, then you know went down below zero stuff. So any of these signals usually you laugh, you know The one back in 2000. I don't Look like about 20 or something where you wait till after the chart, you know, that's gonna last a long time It just kept going up and up and even with the March of 2000 COVID crash It actually stayed on a bullish signal even though the market kind of crashed It was kind of a big hiccup and it came right back and went up to new highs. So right well, I'm saying here We probably this is probably a multi-month type signal, right? So because you know, it's so intriguing on this one Tim is that you know when you actually look at, you know The the gold contract. I mean we have hardly done a retracement at all You know since going back, you know in the middle of April I mean, you know compared to what we have done going all the way back to you know, 2020 you know what I'm saying? It's like we had that nice run, you know prior to 2020 and then you know That consolidation always had deep retracement and this one hasn't had a deep retracement at all Yeah, you know, you're right about that and actually I've got some other signals that actually I got a But now we'll show it on the show with that. Yeah, I'm around to know I got a bunch of type Longer-term signals that were triggered last July August And so and even though the market has actually moved up from you know, the blows up last July August Oh, yeah, that's where that four months is, you know and made right our highs and right So this is a little shorter-term signal, but the longer-term signals are bullish So that's a flip to chart number two. I okay reason why I'm kind of putting this out It's something I think it's pretty intriguing here. This is a monthly chart and At the bottom window I want to point out This is a monthly chart of the up-down boiling percent It's not a 50-day average is a monthly chart. So this really looks at the bigger time frames and what's going on Yes, and What I want to point out I got that shaded pink area there. Yes Kind of up-down volume is kind of like an advanced decline, you know, if you got Zero advances and everything's decline. It really can't go lower, right? That's same with the volume. You get you get You know, no down volume at all and only up volume it would be registered You know extremely high infinite and the same thing with we got all down volume You can only go so low because you run out of chairs being traded. So it's kind of like that It would really be hard to get below the 2016 low. Yes, that was a major low off of a major high and it went back there and tested in 2019 and in currently we're at the 2016 low now for the up-down volume in the care okay something What I'm saying here something is Extremely sold out. It's it's you know when it's the worst of the worst is usually the best of the best Yes, but especially the market whenever I just hate it so much, right? You got a sold-out market and you get basically all the sellers that we're already sold Yeah, and they don't pay attention to the market, right? That I mean, that's how it goes, right? Yeah You know remember that one chart I showed you on bullish percent index. Yes, every time it got blown Five another five percent of the market was on bicycles. That was a major bottom, right? It happens the same way as top with the bullish percent index is up 95% You know it's hard to get any better than that That's usually a top or it kind of works with up-down volume It just stay right there. I hear this. Yes. Stay right there one second Tim and I gonna be coming right back Don't forget folks you get hold of Tim at odd dash oracle.com We have the doubt on 124 Nasdaq's up 52 S&P's a flat Tim and I come right back Welcome back folks to doubt down just shows right now trading down 120 that the Nasdaq up 57 S&P's a flat We talk what I'm am is the Tim or we are talking markets right now. We're actually talking the gold market Okay, Tim. We're ready All right, so when you know is what I'm thinking on this This is still chart number two. Yes that base that's building 2016 What I'm saying is the up-down volume a community of up-down volume really can't get any worse than what it is right now And that's you know that 2016 low was was You know, it's just an ugly low and actually 2019 was low with this one It's just as ugly and and so I'm thinking this whole thing is a big base You know, it's just building a base for the the next rally I don't think this up-down volume can get any worse than where it is right now we're minus five five zero zero on that chart and Historically that's pretty low. So That's that's my point that hasn't turned up yet, right? But this is on a monthly time We got you know, we've got some other indicators that have turned up. So this will probably we start responding Next month in September will probably start to spawn. That's kind of lagging in the care. I've went across is the Mid-Bowlinger band that's where all those lines up blue lines red lines our signal and we had a come across back in in mid 2022 probably on that July period went above it and kind of closed below it again So But anyhow this this I think will turn up because I got a lot of the indicates are turned up and when they do turn up It's usually a multi-year rally because you look at all those lines, you know, you got You know most of them are about two years apart. Yes, so I'm thinking this could rally into 2024 maybe 2025. Yeah, you know, that's what history shows. Yeah, you know, it's interesting Tim is that I did a Workshop for this gold subscribers last night, right? And when I was going through them the the gold contract itself, right Versus the equities, you know the gold contract itself even going back ten years The most it did was I you know a 50% retracement on a five-year at point three a two retracement on a You know a ten year, right? And then the the equities, however did do, you know a deep retracement, you know I mean, you know because of the you know, it has to do with that much low But you know, so that I found that really intriguing. I'm saying to myself This is interesting and then Silva like when I'm looking at Silva You know basically seems to be stronger than gold right now But on a longer-term shot if we just take the retracement value, right? It is not So it's like okay, this is gonna get you know We know that you know the metal market in general is always challenging But I'm saying I was like it was a heads up. It was like, okay We'll see what this how this is gonna shake out, you know, you know, right? Well, the XAU gold ratios is kind of what you're talking about. I don't you know, yes That's just yes to an equity and right you quite a few studies with that too and and that thing has been Haven't gone anywhere to I think was 2014. It's just been facing in a small Pattern so I'm kind of watching for that to turn up. Yeah, and Actually the next show we'll do next to the I'll bring I'll bring that chart and we can talk about it Well, you know, I was thinking so listen to this. This is this gets intriguing folks, okay? So and in the gold and silver, you know, mining business, right? Mexico has always been one of the great jurisdictions to do business in right? Well, they put a law through last year Tim, right approximately only eight months ago right now and What has happened is that that law is pretty intense because the taxing structure Has gone up dramatically and go up a lot more and so what has happened is that equities Mexican that are doing a lot of business in Mexico. They haven't moved So it's really intriguing. It's like okay, man, you know, because we know that you know inside the XCU each year I push you're gonna have you know equities that do business in Mexico So it's like, you know, I'm just throwing it out there But I thought that was really intriguing like you know, because like when you take a look at Magsilva Magsilva was one of the strongest, you know silver stocks out there and they're really there that stocks in trouble You know what I mean? It's like and it's not only the thing that's crazy is that they went from In 2021, you know, they were an exploration stock. They went from Doing no business to 215 million to doing 428 million And the stock can't move You know, so I'm just I'm just throwing it out there in the context of that could be one of the reasons that You know the gdx the xa you, you know people literary now of you know, the whole Mexican deals You know what I mean? So you're dealing with, you know, the United States Canada Australia those are still great mining communities Where the equities do business there, you know, you because do you remember, you know the first run tim that we had If you remember in 2011 what happened folks is this and I never thought this would be happening in the United States But it did happen when we went from 2001 2002 That's when we had bgo with like 10 cents and 20 cents and cde and all that right Yeah, what happened folks in 2011 That was almost at the high 2010. It's not happening. I congressmen and senators start saying in Congress that hey man, we're gonna start charging, you know all these taxes in Nevada was like this came out of nowhere So it's always intriguing. You know what I'm saying? It's like, okay, you know, you get the gist of it It's like things can change pretty quick But right yeah, well, I'm thinking you know, they're they're pushing all this battery stuff out Which is basically all made up of precious metals. Yes, and you know, we're buying all that stuff from You know our amenities, you know or people that don't like it, right? So I'm curious, you know how this is all gonna swing around because You know, we got a lot of those men a lot of that stuff right here in the united states, but You know So we'll have to wait and see if kind of a political winds, you know may change Yes, I never remain the same for all the time. I'm with them. I'm thinking I'm thinking what's going on right now All these political winds are winds are gonna Change that's the reason why all these charges are you know, especially these longer term charts Are calling showing some bully signs, so right? Um, right be back to 2000 again. I don't know. Um, it's due, you know, it's 20 years ago You know, there's a lot of big cycles 20 year cycles, so let's see what that happens or nice. Yep. So absolutely time will tell Time will tell We gotta do one more chart real quick. Okay A chart three. I'm there and uh, yep This is just a weekly chart of the xa u or no, it's a monthly chart of the xa u going back to Uh, look at about 2016. It's just a big Channel going up You had a couple of shakeouts and we're bottom of that channel And so I'm thinking we're going to go back up to top of that channel And uh, that you know, we talked before on on your show that we think Uh, there's a possibility that xa u gets around to 180. Yes, there's some other charts Yeah, and this is kind of a sporting chart here. We kind of build a base Really haven't gone anywhere for most of a year now And so we're either going to break down which according To a lot of charts I have we're not going to break down. We're going to break up right next logical Target is back to the top of that channel. Yes, so I'm thinking that's where that 180 uh, or higher may may be reached No, I I can see that It just just stay there tim uh tim oid tommo brian folks who do appreciate your crowd on a prowl Unless we're going to be coming right back. We have that out industrials right now Down 136 nasdaq is off 52 s and p's are down one and a half I want to say hi to bill bill. What's going on? Bridget, what's going on? Love you guys Tim and I come right back Welcome back folks. Uh, tim uh oid tommo brian don't forget folks You're going to get hold of tim every trading day at oid or d dash oracle.com We have the down industrials right now down 116 nasdaq's up 61 s and p's Are up one and we're looking at the uh xa u monthly chart tim Yeah, uh, yeah, that's all I wanted to say about that. Okay Um, we can go on the s and p's now if you want. Yes, please. Yep. There we go. All right uh, okay, the first chart four is just the daily chart and um I don't know what today right now. We're up five days in a row when I did this chart We're up four days in a row You know, if you're up four days in a row the market's higher 73 of time within five days I say five days in a row that jumps up to 83 higher within five days. Wow. So um, so you So even though we're testing that previous high of may second I got a red line drawn there. Yes that that may second high had uh Uh, I think was 93 million shares or 94 million shares. Yeah 92.1. Yeah Yeah, so yeah, so we're testing that high most likely on lighter volume But since you're up, uh Four days in a row at least there's a good chance. We're probably going to get to that gap area Which is that pink area. Yeah, and that's the potentially where that signal potential cell signal may generate also the the week of um Next week is labor day And the week up is the week up before labor days up and the volume is like going into friday a lot times Labor day week week which is next week is a down week I see so okay, so i'm kind of looking for a signal here But there's a good chance. I don't know what today's going to do yet But if we don't hit a high Uh for a five days in a row most likely that Gap area is going to be tested if not going to be tested Uh, you know probably not this week, but probably next week So Monday or Tuesday is probably going to be up or Monday is a holiday Either Tuesday or Wednesday be up in the last several days might be down week next You know wait next week. I'm thinking nothing real significant But at one point I thought we may go all the way down and maybe test the lows I don't think that'll be the case. I think we'll find support Where that blue line is which is basically the previous highs of that bearish and golfing pattern I think we may find support there Okay, oh, let me look at that one one The bearish yeah, is it yeah, it's 444 area on the sdy's Oh, I see it. I see it. Yep. Okay. Okay. Yeah, which is kind of uh, so that's gonna be a really small consolidation Yeah, I got it. Okay. Yep So as I'm thinking that's what's going to go on then In premier, I don't know the whole thing's kind of just garbage. Yeah, this is It's kind of um Because I don't think we're going to break out to the upside. I think Um, actually go to chart five real quick. Okay This this is the reason why I don't think we're going to keep breaking up Is uh, this is uh the bottom window the six three day average of the trend. Yes And we get around what get around one or lower usually You know, there's always a section to the case. There's one time in in 2021 Uh, or 2020, I think you got there, but normally when you get this low on a six three day trend It's at least a high period. It's not at least consolidation and so I put those times for the uh, the pink areas and red lines And we kind of been there over the last uh, since uh, July We've been hanging around this point one or lower On a six three day trend and so we're you know, we're having difficulty here trying to keep going What we need to do is get that six day trend up around 1.1 And that's where an impulse way can get going Okay, I'm thinking we're probably going to move sideways probably all the way into october And uh, I think the worst still may come Uh, because I think 4200 on the sby is still possible so We'll kind of see but It's a bigger trend so if you flip back to chart number four again, yes That's the reason why I don't think this rally's going to just continue. I think it's going to fade out Um, it's certainly going to be interesting because it's amazing that you know like We're Just about at all time highs still and we're talking about going into september first, right? Yeah, yeah, the mark is strong. I mean, yeah Uh, I'm thinking we got garbage made for another month month and a half right but after that I'm I'm thinking You know, we're starting to build a base. We'll probably you will get back into that blue area I got shaded there. That's where all the The trend and tick readings. Yes got blowout The lease will get back into that area maybe we'll break a little bit below it And but we need the trend and ticks to really get negative scan to get enough energy going to build You know build a base to get to Throw the market higher and right now, you know with a six of eight trend Just setting that one which is kind of neutral but bearish on the bigger time frames You just don't have a Fear to drive the market higher remember Joe Granville, you know, oh, yeah, you know It the market clock climbs a wall of worry. That was his word That's right the generals and the you know the generals leave first and then the you know the private So whatever too. Yeah, right, right. Yeah, there's soldiers and stuff soldiers. Thank you. Yeah, so anyhow, that's that's So, you know, I can see that that's that's intriguing. We need fear in the market here And we really don't have it yet Right. And so what you're saying, which is pretty cool is that you have to get some fear in the market even to get higher That's that's the reality and I can see that there's no, you know, exactly what the deal Yeah, and so and so, you know, we're down. We're sitting here for two months But the six of eight trends, you know setting near bearish levels We don't have the power to break above the highs other than, you know, we may test those highs Right, but that'd be the most you're gonna get Right, so Wow if It's it's a trading range. So it's uh, I'm kind of looking for a sell signal here, but nothing significant I think the big sell signals, you know Is coming probably in october Yeah, I think you get a decent sell signal that That minimum go back down and and if you look to last low we had back in august Yes, that that low was on high volume. Yep 98 million right volume lows are tested right 98 million is lame Well, listen, man, it's always a pleasure. You have a great Holiday weekend kind of cool that we're going into, you know, labor day, right? No doubt. I mean, yeah You talk about a fast summer, right man. Holy cow. Yeah It really went fast. It did so So what like what type of weather do you get coming into the fall, Tim? Well, actually, it's usually really nice here, you know, today is probably going to be about maybe 85 at most nice All week's been really nice, but Nick this weekend it gets kind of it gets up to like 95 Okay, and unusual for this time of year. Yeah, but normally As you get september, you know, you start, you know, 80s are kind of the highs and evenings gets in the 60s and Then in November or october, you know, you're getting starting to stay in the 60s instead of maybe 70s So it's that's good. Oh, you get a nice one. Yeah, you get a nice one or you freeze your ass off. Yeah That's when you're gonna have to come visit us in florida, but that's that's that's good We're looking forward to it. Yeah, totally, man. So well, listen, don't forget folks You can get hold of tim every trading day at odd rd dash oracle.com. That's odd dash oracle.com Tim we always appreciate the education man You have a great weekend safe weekend and we look forward to talking as soon as we get back from the labor day weekend on tuesday All right, sounds good. Thank you