Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Stocks

The Ord Oracle August 2, 2022

by August 3, 2022
August 3, 2022
The Ord Oracle August 2, 2022

SPX Monitoring Purposes: Neutral.

Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78.

Long Term SPX Monitor Purposes: Neutral.

The bottom window is the correlation between the VVIX and SPX 5-period. When this correlation gets over .00 (currently .30), the market can be near a reversal. The next window up is the VVIX/VIX ratio with a 3-day average. This indicator helps to define the trend, and it turned down today. Next window up is the “rate of change” (ROC) of the VVIX. When the ROC of the VVIX is near -10, the SPX can be near a short term high (currently at +9.72). The market has at least stalled on the rally phase. The bigger picture suggests the mid-June low could be the bottom for this year. Staying neutral for now.

The top window is the SPX McClellan Oscillator. This chart goes back to mid-2018 and shows the times when the SPX McClellan Oscillator traded above +100, identified with red vertical lines. On July 29 of this year, the SPX McClellan Oscillator closed at +100.57. The SPX Oscillator hit +100 eight times (not counting this time) going back to mid 2018, and all but one had either a short term pullback or at least traded sideways for at least a couple of weeks. As mentioned before, the market has interred into the 3rd quarter, which is the weakest quarter of the year. The evidence suggests the market is entering into a trading range that may last most of the third quarter.

Above is one of the indicators that is giving an intermediate-term signal. The bottom window is the 50-day average for the Up Down Volume percent, and the next window up is the 50-day average of the Advance/Decline percent. Intermediate-term lows have formed when both indicators traded below -20 and turned up, which are noted with red vertical lines. The previous signals have led to a sideways or up and down pattern before the rally began, and that condition suggests that may happen here. Notice that, when both indicators reached below -20 and turned up, they continued to advance even though GDX traded sideways. We attribute this to the strengthening in the Gold Miners Index bullish percent index, where more stocks produced Point and Figure buy signals. The evidence point to a base-building bottom that may take several weeks for the rally to get going.

Tim Ord,

Editor

www.ord-oracle.com. New Book release “The Secret Science of Price and Volume” by Timothy Ord, buy at www.Amazon.com.

Signals are provided as general information only and are not investment recommendations. You are responsible for your own investment decisions. Past performance does not guarantee future performance. Opinions are based on historical research and data believed reliable, there is no guarantee results will be profitable. Not responsible for errors or omissions. I may invest in the vehicles mentioned above.

0
FacebookTwitterGoogle +Pinterest
previous post
Inflation and tax rises will leave 5.3m with no savings, says think tank
next post
The finance firm invested in educating future customers

You may also like

NASDAQ Breaks Out Again; 2 Stocks To Consider...

March 31, 2023

Bearish Engulfing Pattern Marks Top For NVDA?

March 9, 2024

Key Levels for the FAANG Stocks

April 7, 2023

Your Brain on Trades, Part 2

September 14, 2022

Three Ways I Use RSI To Analyze Trends

September 2, 2023

Why Homebuilder Stocks are on Fire Right Now!

July 18, 2024

Is This a Federal Open Market Committee Shake...

July 28, 2023

Stock Market Weekly Update: 3 Valuable Points You...

October 13, 2023

Why This Latest Bull Market Advance Is So...

February 4, 2024

Santa Claus Rally Alert: Predicting a 70% Surge...

December 7, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • MARK HALPERIN: Democrats try to construct a Frankenstein candidate while JD Vance gains momentum for 2028

      June 6, 2025
    • ‘Gone too far’: GOP lawmakers rally around Trump after Musk raises Epstein allegations

      June 6, 2025
    • Democrats begin to embrace Musk amid Trump spat after party railed against him as a ‘dictator’

      June 6, 2025
    • Trump administration defends US and Israeli sovereignty with new sanctions against four ICC judges

      June 5, 2025
    • Musk unleashes wild Epstein claim against Trump after being booted from DOGE

      June 5, 2025
    • Three Charts Showing Proper Moving Average Alignment

      June 5, 2025

    Categories

    • Business (8,149)
    • Investing (2,011)
    • Politics (15,543)
    • Stocks (3,129)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved