 We have someone else on the line. This is one of my favorite guests that we have on. This is Tim Ord of the Ord-Oracle.com. I've been filling in for Tom a lot over the past month or two, and I've gotten to speak with him quite a bit. And it is just, it is so in-depth and amazing, his analysis, right? And he's been calling this bullish move in gold, and we have seen gold just make some stellar movements. So has Tom in his Gold Report newsletter. Again, check that out. But we are with Tim right now. Tim, are you there? Yeah, I'm here. So thanks for having me on again. Absolutely. Thank you for coming on, Tim. I really, I look forward to this. So I'm interested to see what you have for us today. All right, we'll start in chart one. Perfect. We'll take a look at the bigger picture. And it's just a simple chart. Chart one is the SPX going back to 2016. I keep kind of showing this chart, but you start off the bigger time frames, show where you are in the bigger time frames, and we'll kind of drop back, go down to the weekly. We'll go down to the daily, and try to figure out exactly what Mark's going to do on the short term based upon the bigger time frames. We may stall here a little bit. Well, the reason why I circled the times when the monthly SPX, 50% of that trading range, closes above the upper Bollinger ban. And so all those red circles there are times when at least 50% of the trading range for that month closed above the mid Bollinger ban. And normally when that happens, you get a little stalled market. Sometimes it's just a minor stall for maybe a month. And sometimes they call big declines, like back in October 2000, or that would have been probably January of 2020, right before the March crash. But anyhow, if you notice the month of February, they closed above the upper Bollinger ban by 50%. And I got two circles there that are kind of thick circles. I'm thinking that the previous time, back in 2021, I got a circle there, it's probably going to be similar to that. Because this market's not really set up, have a big decline. We're probably in a trending market. Probably similar to that 2021, looks like about January. Time frame looks about that, right? Where the market kept trending up. I think in this month, probably we're open and closed, probably pretty close to the same level, even though we're about halfway done with the month. And the market acts were long. And I may be a seller before the week is out. But we are hitting a new high here. But I don't think that high is going to last. I think he's going to pull back. So I think the month of March, even though we're up decently, I don't think we're going to end up this high before the month is out. But on a bigger time frame, I think it's just kind of a stalled market. March is pretty much the sideways. And then from there, I think April is going to be up. March is going to be up. But you know, over the next 30 days, I think it's going to be kind of a trading-range market. But not any deep decline of any consequence. So if you're a short-term trader, we're still long. I think I'll be long, probably until maybe Thursday or Friday this week. Then I may pull the trigger and get out. But I'll flip to chart two real quick. Sure. And you know what's so good as I'm flipping to chart two? With these minor pullbacks, it's just good to get in at that time. Obviously it's a longer-term play, but I love seeing those little pullbacks. So we're on chart two right now. Yeah, we just got this pullback. I actually got long last Friday. There's a couple of different reasons. This week is the strongest eighth season alley-wise. It's the strongest week of the 52 weeks of the year. And ironically, next week is the ninth weakest week of the year. And the seasonally worked out pretty good but I need other confirmation. Because I won't just go off the seasonally alone because you're kind of shooting in the dark. So I'm thinking March is going to be just a sideways month. But anyhow, let's go to chart two. And this gives me a little confidence that any pullback should be minor. Anyhow, I got some budget stuff that this is the weekly SPX, going back to 2008 or 2009. But what I want to point out, this is a weekly chart. And the top window is the RFI for the weekly SPX. And normally when the RFI gets up around 80 to 85, it's never the final high. You have minor pullbacks, which I think is going to happen in March, kind of sideways month. But it's never the final high. So this gives me confidence that. So if we do pullback here later this month or beginning of 1st April, I'll probably be a buyer. And one of the reasons why is because this chart did hit 80 as I did the chart today. Yesterday we closed at 77.91. Well, it's not quite 80, but it's close enough. I mean, this is not exact science. It has to be 80 and it can't be over 85. But anywhere from 88 to probably 86 is legitimate. But we're hitting right smack at the 80 level right now on a weekly time frame. And we may hit 80 this week if the market holds up, which I think it will. So we may, betting out this chart, again, once you hit between 80, 85 is never the last or the final high. Most have minor pullbacks, but normally a head higher. So we're probably in a trending mark is what this says. Because that's the only time when this indicator hits 80. And all the red lines I have drawn back, it didn't happen every a lot. But when it does, it's worth noting. So those little circles on the chart are the times when this RSI on the weekly time frame hit 80. So when it happens, it goes several years. Sometimes we don't get a RSI 80 on a weekly chart. So it's pretty rare. But the times it has did it, the market in general just kept marching higher. So I'm thinking we're in a kind of a march up type period here. So I guess we're getting close to a break, aren't we? Yeah, we get about eight seconds left. So we can switch to chart three a little bit. All right, to chart three, this is the daily RSI. And there we are without the break. Yeah, let's hold this for the next break. Because I think this deserves a full thing. Folks, stay tuned. We'll be right back with Tim Ord of the Ord Oracle. Welcome back, folks. We are with Tim Ord of the Ord Oracle that is Ord-Oracle.com. Tim, I think we were talking about the weekly RSI. This is chart three before we went to break. Actually, that was chart two, which is the weekly RSI hitting the 80 to 85 area. And we flipped to chart three into the same story. So you got the weekly, and you got the daily, both RSI. So you've got a lot. These type of readings, especially when you get the weekly and daily back, both hitting the 80, that's a momentum market. And so you're dealing with momentum market. And I listed all those times when the RSI on the daily going back, I don't know, quite a few years. But a lot of times that shows up about the midpoint of the move. And the RSI on the daily, I think it was around December. With that early January, the 80 RSI hit for the daily. So in general, you can do a little bit of a gauge here. You're probably going to run all the way into July before the market actually starts breaking up a little bit and create a larger consolidation. But between now and July, what are you going to have? Maybe at most a 3% pullback, which I don't think we'll even get that. But you'll have some pullback weeks. But nothing significant. Even like March, I think there could be a sideways market here for the month of March. But you're not going to find a 5% or 10% pullback in this type of environment. Because momentum kind of rules all indicators. If market pulls back, it turns around, goes right back up. And that's what's probably going to keep happening here until July. But moving on, so we've got momentum market. So what's that mean right now? Well, let's flip to chart four. OK. Let me get it up. Perfect. Perfect. Are you there? Oh, yeah. We're good to go. All right. Chart four, the top window is a 10-day trend of the Arms Index. And it goes back to about almost two years or close to it. But anyhow, I mark the times when the 10-day trend gets below 0.9. And all those little tan areas and actually the tan areas are times when the 10-day trend gets below 0.9. And when the two-day trend gets down below 0.5, you also can have some short term highs. But we're 0.92 right now. And the market's rallying. And it may rally the rest of this week. I think the most powerful point of season alley is actually tomorrow and Thursday for. So whatever's going on right now is probably going to continue for at least the next two days. And Friday is kind of a toss up. But the next week is probably down. But this is one of the clues that is going to give you that when you get down below 0.9, you're probably going to do for consolation. Sometimes there are decent consolations. But most of the time, it's just kind of a time out and an uptrend. So next week is down probably. This 10-day trend hitting below 0.9 is a warning sign. It kind of helps me with the seasonally telling that, yeah, probably next week could be a down week. So this kind of tells me sports that idea. So let's flip to chart five. We're going to break it down even more here. So the 10-day trend is not there yet, 0.92, but it's probably close enough because these numbers are not set in stone. Sometimes 0.92 is the exact number. Sometimes it has to get down to 0.88 or whatever. But 0.9 range is a danger range. So we're there pretty much right there. This chart is the middle window is the SPX tilt ratio on the daily time frame. So this is using racial analysis now. So you're comparing the SPX market to the bond market. And so what happens here is one is going up against the other too fast or going down too fast. It creates an RFI surge where they're up or down. And the 10-day RFI for the SPX tilt ratio seems to work the best. So it's a two-week type RFI, not a 14-day, but a 10-day. So it's a two-week RFI. But if you notice, we have some minor pullbacks here. If you go down to all those blue lines are times when the RFI hit above 70, and the red lines are when the RFI hit below 30. So if you notice, it works pretty well. Matter of fact, back in December of 2024, we're testing the highs of August of 2023. And that was one of the reasons why I was kind of bullish here, because the RFI of that SPX tilt ratio was below 30. So that was a bullish sign back in December of 2023. So we kind of rallied up, and we got a couple of blue lines there. And there were just minor pullbacks that lasted maybe a week, week and a half, nothing too major. And right now, the RFI for this ratio is coming in 59. But right now, the market's rallying. So if the SPX keeps rallying like it is, this is earlier in the day when the SPX was pretty much flat. I mean, it was up a little bit, but not much. And so I'm thinking this RSI 10 for this SPX tilt ratio is going to get back up to 70 probably before this week is out. And that would be quite a bit of evidence, I guess, that, yeah, we're probably going into a short-term high. And we could do for a week, or maybe two weeks of a consolidation, nothing real significant. But we're not there yet. So right now, I think it was still clear that the market can move higher on a short-term basis. So I'm kind of putting the cart in front of the horse here a little bit because I'm anticipating some of these indicators to work out. But we'll have to wait and see if it does work out. I'm thinking for the weeks out, we're probably going to see somewhere sort of high this week. So on Thursday, when we're back on the air, I bet we're back up around that 70 range. So I'll put this chart in the bin. So we'll bring it back up and see where we are. Awesome. But on a short-term basis here, I'm still bullish. So we can go to chart six. We've got time. Yeah, we have about a minute and a half left. And then just about two minutes on the last break, if you want to stay from that to call a chart seven. So OK. OK, this chart is kind of a short-term anyhow. The bottom window is the GDX, 18-day average of GDX, advanced decline. Next higher window is GDX, up-down volume with an 18-day average. And I want to point out in this chart, when this chart gets up to plus 40 on both those indicators, that marked the times going back to 2014, that happened. A lot of times, they happen in the search market. So that's a blue line. So it happened five times going back. So it's pretty rare going back to 2014, happened five times. So when it does happen, it's not like once a year or twice a year. It's one every year or a couple of three years. But when it does happen, if you get a surge in the advanced decline, an up-down volume, it's usually the beginning. OK, I hear the music. Yeah, just stay right there. Like I said, it'll be like three minutes on the last break, Tim. But I would like to hear the end of this, if you got it. Because the GDX is so important right now. So folks, stay right there. We're going to do a quick wrap up with Tim Ord, when we get back from the break. Welcome back, folks. We're with Tim Ord of the Ord Oracle. We've got about two and a half minutes left. And Tim, I would love to hear some closing thoughts on the GDX and just golden general here. All right, what I want this, Marcus just really took off like a banshee over the last week or so. Marcus, I think, is up seven, eight days in a row. We're consolidating today. But I want these two indicators, the bottom two window, the 18-day average, up-down volume, advanced decline indicators, 18-day average to hit above plus 40. We did it five times the last, going back to 2016. The time that didn't work was last April. We got up to plus 40 on both indicators. And normally, you serve tire for another at least two months, if not six months. So we got one failure, but the other four worked. So we got an 80% chance that we do get to plus 140 that the market will surge for another two months to six months. And I'm hoping that happens. And I think at May, just the way we came off this bottom, because the market on GDX just went vertical. And you get something like that. Normally, you get a consolidation. And you get another vertical coming. And we do get another vertical coming. We get to plus 40. That opens the door. We're probably going to rally all the way into July. That's one thing that's probably going to happen. Now, if that happens, we go to chart seven real quick. This is the whole key to the market. You want the strong market. The bottom window is the cumulative advanced decline. And the top window is the cumulative up-down volume. Meet both those indicators to get above the mid-bollinger band. And I marked the times in the past when you're above the mid-bollinger band. It's blue. When you're below the mid-bollinger band, it's a red line. We've been below the mid-bollinger band going back to 2021. So we really haven't been in a bull market yet, as far as the market. So we've been in basically a bear market in 2021. We need to close above the mid-bollinger band. And for that to happen, we need the up-down volume advanced decline to indicate your source surge of strength here. And that's what I think that could be setting up. Tim, thank you so much. That was a fantastic analysis, as always. And guys, that is Tim Ord of the Ord Oracle. That is Ord-Oracle.com. Tim, thank you so much. And we're going to hear from you Thursday. Great. Talk to you Thursday. Thanks a lot. Take care now.