 is 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 John and Orlando. John, what's going on, brother? Good afternoon, Tom. How are you? I'm doing great, man, yourself. Good, good. I want to tell you I've been listening to you since your radio days back in 99. I appreciate what you guys do, but what I really enjoy that you brought back to me, or this guy is as smart as a whip. I am so happy for that feedback. Yeah, because he's one of a kind. He's got to be the number one market timer. I'm telling you, it's like he calls it really, really good. He does. I really appreciate the feedback, man, because. Now, Tom O'Brien. Folks, this is Tom O'Brien of TFNN. We got five days a week. We 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, grow superman's having a great day, safe day. This is it, folks, kicking into the last week of the year and kicking into 2020. How's that, man? Holy cow. Don't take anything personally. Ignore the opinions of others. This is a trippy kind, man. Whatever people do, feel, think, or say. Don't take it personally. Others are going to have their own opinion according to their belief system. So whatever they think about you is not about you, but it's about them. That's the part that's pretty trippy. Market-wise, let's take a look at it out here. We have the Dow Industries up 177. NASDAQ up 88. S&P's up 21. Gold. Gold contract up $5.20. Trading at 2074 an ounce. We have Silver Flat, $24.50 an ounce. Light Sweet Crew up $1.85. $75.41 a barrel. Notes and bonds. A 10-year note. Up two ticks trade in 112.21. The 30-year up 12 ticks at 124.05 and King Dollar. King Dollar's down 231 ticks trade in 101.468. Euros at 110. Yens at 142. British Pounds at 127 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&Ps. Let's take a look at them. What do you have? You got a short week. It's going to be an illiquid week and they want to run the market, folks, okay? You got a confirmed ABC structure on the way up. If we take a look at the spies, put this back. And what you're going to see out here is that you're approaching, first off, we're approaching the high. We haven't hit the high first off. We're at 475, 78, but we have another ABC structure up to 502. So I expect we're going to get there. First, we're going to take out that high, but my take is that, yeah, we're going to only take out that high. We are going to get into that ABC structure up because this straight line moves. We're taking a look at the cues. The cues are already taken out of its high. Now, the cues are going to be a lot easier to hit this ABC structure, too. It's only 25 points away from where we are right now. The cues need to get a little bit more away from the high it's just taken out, which is the all-time high. Right now you're at 410, 79. 434 is the number, okay? Notes and bonds. Now, check this out. Now, this is a trip, folks, okay? So you had an auction this morning, and this thing is so strong it's unbelievable. So you had an auction out here this morning, and the way this works, folks, is this, is that you had indirect buyers, okay? So they were pushing out a huge amount of paper this morning. At actually one o'clock this afternoon, actually, they were pushing it out. Well, what you had, so inside the Treasury market, you have primary dealers. And then you have, so if it's a primary dealer, that's called the direct market. Then you have an indirect market. An indirect market would be other central banks, would be you and I, if you're on Treasury Direct. You can bid on these things, okay? Well, the bottom line is that it came in at, excuse me, a record 77.6% was indirect. Then that's the third largest share ever of an indirect on a two-year note, okay? And of course, we know why, because folks are understanding that rates are going down and everyone's piling in. And then if we go back to what we've been talking about for quite some time now, is that yes, the Fed hasn't gone down in rates yet, but the market has gone down on rates, okay, in a monster way. So you have a huge demand and the demand is overtaken the supply, okay? Which is really wild, okay? Now the next draw, and then then what also on top of that would end up happening is that the, let me get this straight, that the rate that the Treasury thought that they were gonna sell these out, it actually went under that rate because the demand was so heavy, okay? Now what we're gonna see on Thursday, this was today, Thursday what's gonna happen, yeah, yeah, so that they sold 57 billion, this is the one that went under the rate today, 57 billion or two years, they went under the rate that the Treasury thought they were gonna get. They ended up selling it at 4.314 and the Treasury thought that they were gonna have to sell them at 4.595. So you can see that's pretty intense, man. When you're talking about multiply 57 billion times 20, well, I'm not gonna do this math right now, but you get the gist of it. The gist of it is a much larger demand than there is supply. We'll see what ends up happening Thursday but my take on Thursday, it's gonna be the same thing. Why? Because the rate cycle, the high rate cycle is over and what you have here is that there'll be huge amounts piling into that structure because it's still a good structure. Meaning it's still, you're getting four or 5% and that's a no risk deal because you're talking about treasuries, you're talking about notes, yeah, so big deal, man. We get under the gold, we go to the gold market, we take a look at the gold market out here. That gold market right now we got above the consolidation last week and we did it with volume, by the way, okay? Volume actually came in on Friday and that's pretty cool for a vacation week, man. I mean, the bottom line is it did 170,000 contracts so your next leg there, where 2,074, the next leg is at 2,150 and my larger take is that, yeah, we're gonna go up to this 2,500. It was A to B, the A to B equals C to D is 2,500 and there's plenty of stuff happening inside of the dollar and the world in general that it could get there pretty quick. The dollar, and we take a look at this dollar, what you're gonna see is that the dollar on Friday broke, broke to lower, we're just about breaking the lows of Friday now and it's not a big reach now to hit 99 before this Friday or at Friday. That's how I think this thing is shaking out. We're at 101, 472. Your swing point down there is 99,578, so you're two points off it. Two points, just so you know, 236, these come in thousands, okay? So you got two points, you got 2,000 on the way down. Well, guess what? Sometimes this dollar's been moving at a clip of about 900 on those big days so we could hit that in a couple days. Dow, Dow Industries right now trading up 179, Nasdaq's up 88, SAP's up 21, 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 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 Zen. 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 Zen, available to all Tigers and Tigresses for just $1 for the year. There's no cash or added costs when you join our community of traders. In the Tiger's Zen, 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 Zen 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. And traditionally at 727-873-7618. Welcome back, folks, to DOW. DOW Industries right now trading up $170. You get the NASDAQ up 88, S&P's up 20. Let's get over to our mam, Mr. Basil Chapman, as we do each and every Tuesday. And don't forget, folks, Basil has an outstanding show here every trading day, 10 to 11 Eastern stand of time. He also has a great newsletter, the opening call. Now, it's very easy to get the opening call, folks. Come over to our website at TFNN. You're gonna see it actually right under featured content because Basil did a great workshop for his subscribers. On December 20th, you can get the opening call for one month for $149, six months for $695, which is a savings of $199 or 22%, and one full year for $1195, which is a savings of $592 or 33%. Now, they all come with a 30-day money-back guarantee, and so you're gonna get a great newsletter. You're also gonna get the subscriber event that he just did for his clients, and he has more subscriber events on there, folks, okay? So check it out, check off the new year with it. If it works for you, awesome. If it doesn't work for you, 28th, 29th day, just cancel it. You're still gonna have a great newsletter. You're gonna have a great archive. You can understand how the Chapman wave moves. And we go from there. Basil Chapman, new year's coming at us, man. Oh, isn't this a quick year? I guess they get quicker as you get older. That toilet paper roll's getting smaller, yeah. Oh, man. It's going faster, there's no doubt, man, I know. It certainly is, yeah. So I thought I'd mention, since this is the end of the year, this will be the last interview for 2023. I thought I'd just go through a couple of things here, and the most important is that in my work, years and years ago when I used to hand chart, I found out that if I could identify the lowest low bar, I could see the prices move higher. I could actually, I could label the peaks as they move up, but they're also basically grading them. And what I wanted to see was a buy signal get upgraded to a buy mode, which implied that I should get at least four higher peaks of whatever, it doesn't matter whether it's a one-minute chart or a monthly chart. So the idea is to get you off the ground, get to the peak A, then a one penny above A starts leg B. If it makes a peak, it's called a peak until it pulls back, and then goes above that previous peak by one penny, starts leg C, and that can take you to D. Yes, you can go to E, F, and G, but D is really the core of the chart wave methodology. So in this particular regard, I wanted to show you something very interesting. We made a peak E in the Dow in January of 2022, at 36,952 on the right here is the monthly chart. Move this up so you can see it a little bit better, that's an E right there. And then it pulled back sharply to 28,660 and start to move higher. Now, one of the things I wanted to mention is also, we actually along from the 2020 low, we were along the diamonds at core position from the 18,213 level, and we're also along from the October 28,660 low of last year. But what I'm looking at is, we're in leg C. Now, this is a monthly chart. And that means, let's just imagine the market stalls right here in December, and it doesn't for the whole of January, it doesn't go above whatever the highest. Just imagine it's 37,641 high that was made back on the four days ago. That was on the 20th and was actually 37,000. Let me give you the exact figure. There are 37,418.76. If in all of January, we go to point one point higher, that's not just one point in 37,642. I'm saying if it's just one point higher above that 37,641.30 level to 30.31, that actually continues leg C for the entire month of January. I see. So my concept is that D is where other things can happen, your obligation in this chapter in methodology is to get you to at least a D. Well, that means we couldn't make a D, imagine now that we don't make a new high in January. That means all of January is peak C, but then you have to go all of February to make that leg D for it goes above that peak C, so it's leg D, and then you have to wait for the following month, March, to confirm that it's a peak D. So, so far, everything that I'm looking at suggests that there should be higher prices. It doesn't tell you how far we could pull back on the short term, but certainly the low of 32,327, or the October 27th low, that should be sacrosanct. That should not be taken out as it stands right now. So that part of it is very good. I can just do the other indices, but what I want you to say is more important than that is that I'm finding for subscribers to my opening call that this is the biggest variety in sectors and even price distribution. So it's broadened out, right? Yeah, so what's very interesting is that we have stocks, we have, for instance, we still have the UEC, that's uranium from 364, and here it is at what, 674, and yet we still have the Microsoft. So let me show you UEC right now. Here it is a very low price stock, but look how nicely it's done. Almost at, it's not a multi-year, what actually it is a multi-year because you have to go back all the way to 2010, where the high was 748, it's come all the way down to pennies and it's back at the double top of 660, which was April of 2022, and this year it's gone higher, it's gone into the 70s. So that's a very low price stock, but we also have Microsoft, and we've got Microsoft from 338, there it is at 374, it is 384, and it's just kind of this stalling sideways motion, I think it's very important because it's a digestive phase. So we're in areas that I didn't expect by the end of the year that we're being, we're in a gold stock, we're in aluminum stock, we're in a financial, we've got Bank of America, Bank of America is really important for us to be moving higher, I want to see those financials moving, look how they look at the Bank of America, 50.11 back in February of 2022, it plunges down to the 24 level, now it's at 33, it's just starting to move, so when I did my webinar, I was looking at just this type of thing where really good companies had really sharp pull backs and now they're in a recovery process, will that recovery last into 2020, the first quarter of 2024, and that's kind of what we're trying to play at this particular point. So we're in a really interesting situation. Basil, let me ask you, when did we start together? Was it like 99? Was it 2000? We started in 2001. 2001, okay. 2002. 2002, okay. But I started my service, I think it was February of 2022. Unbelievable. Isn't that, it's amazing when you just... I'm close by mind, man. And we've had so many bear and bull markets, I mean... 22 years, man, wow. We've been through a lot and what's very interesting, I started listening to you way back, I was talking to someone the other day. Oh, listen, man, I remember you coming up to the radio studio, I remember it sitting right down with you, man. I remember saying specifically, oh man, I want to do this, I remember the whole deal, man, unreal. Yeah, I remember it well, so anyway, thank you very much for all that you've done. No, thank you, man. I really appreciate it. Listen, get over to our website, get over to our website, folks, okay? You're gonna go under Featured Content, you're gonna see Basil right there, picture and everything, hit that button and you're gonna be very happy you did. Basil, well, of course, I'll see the show tomorrow, but happy new year, man. And a happy new year to you and a very successful new year to everyone and a healthy new year. Big time, yeah. See you next week. Yeah. Thank you. Thank you. The way of up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys and stock prices, get the opening call newsletter by Basil Chapman and 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 in his 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 in 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, the Dow Industrial is right now trading up 200 to get the NASDAQ 102 S&Ps are up 25 and you had Bristol, Myers, Schwab folks. I mean, yeah, Bristol, Myers, Schwab. They came out this morning and they bought a Razzella, Razzell, I can't pronounce the whole thing, but bottom line is that this is, you're gonna see a lot of this inside the cancer business folks, okay? It's a radiopharmaceutical. And what it does, it targets the tumors without wrecking the rest of your cells. You know, we'll see how successful it's gonna be, but the bottom line is that you talk about doubling in price. So if you take a look at this, we put this up just for a second. Like, where are you? Okay, it's a doubling price, right? Come on, you're up, I just had this thing, man. But bottom line is that these biotechs, man. You know, if you get the biotech right, you're in heaven. There's no doubt about it. Oh, here it is right here. Let's just look at this for one second. So we take a look and it's up 30 bucks right now, trading 61, so it's doubled in price. Yeah, and if you take it, what's interesting, if you do take a look at this, like going back five days ago, it's like, okay, that's the only time there was any volume in it at all. Pull this back a bit. Yeah, this is a new deal and there was volume coming in, but pretty amazing, no doubt. Now folks, let's get over to our man, Mr. Tim Moore, as we do every Tuesday and Thursday. And don't forget, folks, you can reach Tim every trading day and get his newsletter at odd or d-oracle.com, that's odd-oracle.com. Tim, odd, what's going on? All right, I've sent you over a couple of charts, actually four charts. We got them cooking, yep. We want to take a look at the first chart, which is, we kind of started looking this probably a couple of weeks ago, if not longer. Yep. NYSE summation index, which is the top window. Yes. And we keep talking about it. Back on October 27th, you got a reading minus 817, I think below minus 700 is the selling climax. And the whole scenario for this indicator to trigger a bullish situation, ask go below minus 700, then around two months ask go above plus 1,000. Yep. When it's done that, it predicts the bull market going forward. Not every day is going to be an update. All right. But it does suggest 2,024 will be up. And again, on October 27th at minus 817, and this is Friday's close. So it's not today, it's Friday's close and we have 920.70. Oh my God. On the rail. And today we get a good day. So we're going to add more today. Yeah, we're going to add more today. And plus you're going to add more tomorrow. Right. Because tomorrow is the 27th. So you basically got two days to get, you know, is 1,000 exactly magic number? Not really. I mean, probably 950 to 1,050 would probably qualify for it. So, but it's around 1,000, you know, and the last low was 817. It got below minus 700. So we started off with minus 813. And we're already rallying to 920. So probably we've met the rules, but officially I guess you need to get her up 1,000. And most likely that's probably going to happen this week. And if it happens this week, then there's probably, I don't know, high percentage probably in the 90s, that next year will be an up year. And this chart goes back to 2007. And the blue lines show the times when this indicator hit below minus 700. Okay. The red line shows the time it hit above 1,000. And if you notice, they all came at major lows. When we had this back in 2022, we got an October low. I forgot what it was. It looked like about a minus, below minus 1,000. Then we had a rally into January above 1,000. And hey, Tim, so the Summary Index, that was Sherman McCullen's deal, right? Is he the one that invented that? Yeah, Tom and Sherman McCullen, actually his wife created it. Really? Yeah, his wife is a mathematician. Wow. Sherman's wife. And so she figured out all this stuff. And Sherman, I guess, they both did it, but she was a mathematician in the family. I'll put it that way. No, I know. Cause going back like 20, 25 years, I had Sherman on a few times, then he passed the Paton to Tom, you know? Right. Right, okay. Wow, man. And so it's still kind of a family affair. Yes, Tommy has another son, too, that do stuff for the McCullen newsletter. So their whole family's kind of into it. Yep. The wife of Sherman is kind of behind the scenes, and she's the one that kind of figured out the numbers, how all this works. How cool is that? And what's well, you can look at the chart, you know, they all came at a major low. Oh yeah. It's amazing looking at this chart, seeing how fast, when it does happen, that it can actually get up there. I mean, it's, but it makes sense, because at those lows, the market's cleaned out, right? I mean, that's, that's- Yeah, the market's cleaned out. Yeah. What you need is, you know, it's the sign of strength off these lows. Yes. If you look back at the 2007 decline there, going into 2009 low, you had a bunch of selling climaxes, readings below minus 700, but you never had a sign of strength off those lows, so the market just kept going down. Right. So you have to have the sign of strength to really confirm there's enough buying pressure in the market to say, yeah, we're in a bull market. And so it does appear that, and so, you know, next year's election year too. Yeah. So, most likely you're not gonna kill the market, you know? Yeah, well, and interest rates are going the right way. I mean, that's, you know, I can see, I mean, interest rates, you know, we're on the other side of the cycle, and that's a big deal, man, because, you know, the cost of money is everything for, you know, not only public companies, but for, you know, families, businesses, cities, states, all of the above, right? Yeah, that's it. Yeah, it's all of the best, so they're doing whatever I think, you know, the people in the government, I guess, are trying to make the economy look as good as possible where it really is or not. You know, as long as there's money, supply of money in the market, you know, it's gonna drive it higher, but it's, next year looks a good year, so. Yeah. We can go on to chart two. Yeah, let's, yeah, let's do that. Okay, good, I got track two up, yep. All right, chart two, this is a short, so that's a bigger picture, and you know, I'll come on Thursday again, and most likely, I'll update that chart to actually be Wednesday's close, because when the, this is our chart number one now. Yes. Because we don't update these readings so well after the close. Right. This is Friday's close 920, so today we may be, we may right be at the thousand level or pretty darn close to it. I know, because as, even as we're talking, Tim, you came on and the S&Ps are up 20, now we're up 24.5, okay, so they're running it into the close out here too. Just stay right there, Tim, stay right there folks. Tim, Lloyd, Tom, and Brian were coming right back, and remember this program's archive folks, so if you're in your car and you wanna look at those charts, okay, don't look at them in your car, bottom line, get home, hit the archive, you're gonna be able to go through all these shots as Tim and I, as Tim explains these shots to you. That was up 189, Nasdaq's up 99, S&Ps are up 24, 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, 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 Direction Investments.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, Four 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. They 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 Tigresses 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 Ward, Tom Mulbran, and we do appreciate you growin' and proudin' us. And don't forget, folks, you can get Tim Ward's newsletter by goin' to odrd-oracle.com. Okay, Tim, I have the second shot up here. All right, so this is just a short-term view of what is kinda goin' on. Nothing real bearish, but the bottom one is the five-day trend. Yep. The average of the trend five days. Next one up is the 10-day trend. And last week, this is current as of today. But in general, we're in the bullish category for the five-day, you like to see around 1.4 higher, we're a little below like 1.25 when I did the chart. And next one above is, you like to see it around 1.2 or higher, you know, we're 1.17. Yes. So nothing real bearish, but all that gray or that pink area across the chart there are times when both those readings got into bullish territory. And they hit there last week and we're kinda into a consolidation, I guess, phase. I mean, we're not really rockin' up or we're not rockin' down either. We are touchin' a new higher, but it looks good, you know, what can the market, can we have a higher pullback here? Maybe, but it's not set up for anything significant. And what's gonna get interesting, Tim, too, right, is that on the, what, on the 20th, we had, now when that drops off, that's gonna change that quite a bit because we're gonna have 3.69, right? Now that's helping us at this particular point when it drops off, though, get intriguing, right? Right, yeah, it drops off, but you know, we may have another, you know, a shakeout. Oh, yeah, yeah, no, I'm with ya, I'm with ya, yeah, right. You know, the market kinda regenerates itself or re-energizes itself. Yes. When you get these shakeout one day, she went wonders and, you know, everybody panics and everybody's trying to get through the exit door. So, you know, yeah, it's true when that three-point something drops off, it's gonna affect the 10-day and the five-day. We'll get to very territorial, but the 10-day, he gets around 0.9 or lower. A lot of times, that's kind of a danger level. Okay. But it stays around one or higher, you know, in rallies, you're probably fine. Well, I'm trying to point out here, there's nothing really... No, no, no, I'm with ya. I just wanted to bring it. I really, really either extremely bullish other than the bigger time frames because of the summation index looks really good. No, no, for sure. I just... It's a little fuzzy. Yeah. I just wanted to bring it up for the listeners so they can really start understanding how this works, because it's always cool, folks, when you know you get a big one or a small one and it's dropping off. You know what's so cool about what you do here, Tim? You can project going forward. That's what was really cool, you know what I'm saying? It's like, okay, man, you know, yeah. I count forward, too, so I want to see what's dropping off 10 days ago or five days ago. Yes, exactly. And I'll give you a clue what may happen. So, but you know, this is, you know, it's nothing right home about it, just... No. You know, sometimes there's something right home about it. Yeah. Something or not. No, I'm with ya. And this particular case. I'm with ya. Okay, so I'm going to try number three. Now, turn number three. Oh, this is kind of a momentum indicator. Major is the volume down volume. Yeah. And it's advanced decline. So it kind of shows you what the market's doing. And the bottom window is the GDX up-down volume percent on a 50-day average. So it's a big average. Yes. And so long as it stays above zero, which is all the blue area. Okay. It's usually, normally in our uptrend, as of today when I print this chart, we're at 5.52. And then, you know, it gets away from zero but it looks like about 12 usually stays in that range. So we're kind of in the center of the bullish range, I guess you might say. Yes. It's nothing real significant. It gets below zero. Normally the rally is kind of coming to an end. Okay. Most of the time, you know, plus five in that range, you're flying nothing, again, right home about. So that looks pretty good. Okay. So that's the short term. And what I really want to kind of talk about is number chart four. Okay. I have it up. All right. This is a really kind of an important chart. This is this current rally that's going on right now. It really kind of needs to continue. And the reason why I say that, if it kind of fails here and goes back down, those two indicators, which is a bottom indicator, is a cumulative monthly advance or no, it's up-down volume. The next one up, the second chart up from the bottom is the monthly cumulative advance decline. Yes. And you need both those indicators, the advance decline and the up-down volume to get above the mid-bollinger band. And usually when it gets above the mid-bollinger band, usually stays above mid-bollinger band. Because it's a momentum indicator of volume and advance decline. Yes. And once it gets above there, it stays there. If you notice, they can trend for years. Matter of fact, it picked out the January or the 2012 high and stayed bearish all the way into 2016. Yep, four years. Four years. And we've been actually kind of bearish since 2021. There's been pockets of short-term runs in the gold market, but not lasting runs. This indicator predicts the runs that could last a year or two or three. And how close are we now, Tim, to the advance decline line getting in the middle? Are we close to it? Yeah, we're actually, we need to get the advance decline as the second window up from the bottom. Yeah. And it needs to get above the bollinger band. Oh, I see it now. I didn't see it. I see it. I got it. You get, this is, if you're looking at this chart, folks, he has an arrow right to it. I should have saw that. Okay, cool. I got it. I see it. Yep. Okay. The up-down volume. So it needs to get above the mid-bollinger band too. So let's flip to the top chart. Okay, the top chart is the monthly GDX. And I drew a line connecting the highs going back to 2021. Yes. And so, you know, this is the old Weisskopf deal going on here. To get through that line, you need an SOS, which is sign of strength. Right. So, you know, the more times a trend line is tested, the more times, or the more widely it's going to bust through. Right. So this is the fourth time we're testing it, or depends how you count it. It could be this time you're testing it. So, at some point, we're going to bust through that line. And when you do it, all those, the bollinger band, two indicators down below, most light will get above the bollinger band. And probably you're going to start a run that could last several years, or at least a year. Yes. So I'm thinking this is kind of lining up to like a 2000 bottom, if you remember back then. Oh, I remember that. He's got stuff. Praise the lord. This is 2000 bottom. We're all going to be happy, man. Yeah, it was great. So I'm thinking that's why I'm looking at the bigger picture here. So I'm lining up over the next month or two that if the market remains basically relatively strong and keeps moving higher, all those bollinger bands will be exceeded. The bottom two is most likely we'll have a sign of strength through that trend line on the GDX. And if that's the case, then probably over the next year, maybe two, a bullock we haven't seen, probably haven't seen for years, that's probably in the progress of happening right here. So... Right, because with Tim's talking about... Possibility, well, that happened or not, there's some ingredients that suggest that it may. Yeah, and with Tim's talking about folks, that's when we went from 252 bucks to 1,100 in the gold market, you know? And Tim and I did get it. Thank God. Yeah, we did. It was fun. It was fun, man. Well, listen, man, it's always a pleasure, Tim. You have a great one, safe one. Look forward to speaking to you on Thursday. All right. Thanks, man. Okay, stay right there, folks. Come 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. 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. 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 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. At 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. I'm right now at 153, and that's except 84. S&Ps are down up to 19. So check this out, folks, who Tim was just talking about. Actually, we went higher than I thought on the first leg. So the first leg from 252 took us to 1072. Then you did a pullback to 688, and then your next run took you to 1970. That's how this thing is shaken up. Now, the larger one, okay, if you just watch this, the larger one, this is the large ABC that I'm looking at here, would take you to 2,500. And you can see, you busted this whole deal, meaning the consolidation. And bottom line is that between the dollar and politically, because what's happening right now, folks, is that they don't, you know, we don't want the money to blow up, but unfortunately it looks like it is gonna blow up. And that's gonna be, that's, we haven't seen the gold contract actually move on politics of fear at all, you know. Now that can change very quickly, you know, because you have between the Red Sea and the Indian Ocean, there's action out here, and there's action as I'm speaking right now, okay? So this thing is having a hard time to contain itself. But the bottom line is that 2,500 is game. And 2,500 to me is game just on the aspect of where this dollar wants to go, because I suspect the next place we're gonna be here is 99, then you're gonna be at 94, and we'll see if 89 is game. And, you know, if you haven't test driven the gold report, go check it out, man, because when you get these runs, they're pretty, you know, the gold market's a really small market, folks, as is the silver market. So when you get it right, you really get it right. Always remember, folks, the bank and claw your heart out, the bull can run you over, and thank God, there's always another trade. Health happens in prosperity. Have a great night, folks. Have a safe night. Come back and visit Tommy tomorrow morning, kicks us off 9 a.m., great show, folks. Real, look at him, folks.