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

Future Retirement Success

Stocks

The Ord Oracle December 6, 2022

by December 7, 2022
December 7, 2022
The Ord Oracle December 6, 2022

SPX Monitoring Purposes: Long SPX on 11/10/22 at 3956.27.

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

Long Term SPX Monitor Purposes: Neutral.

Yesterday, we said “The 10-day average of the TRIN close near 1.20 appears near short-term lows. The bottom window is the 10-day average of the TRIN close. Readings near 1.20 and higher are usually a bullish sign for the market and below .80 a bearish sign. We shaded in the times where the 10-day TRIN came in near 1.20 and higher and the market is in that region now. Today’s TRIN close reaching panic levels helping to push the 10-day TRIN back into bullish levels.” The 10-day TRIN closed yesterday at 1.21; the TRIN also closed yesterday at 2.33 and the TICK at -255, which is a bullish combination suggests a low from the same day as the reading to as late as two days later, which would be tomorrow, the “full moon” day. Should be near a low at current prices.

Yesterday, we said “December 7 is also a Full Moon day; Full moon periods can affect the market short-term. This time around it may mark a low.” Judging by the trin closes there is enough panic to suggests a low around current prices. The pattern that appears to have formed is a “Three Drives to Top” (noted on chart) which has a downside target to where the pattern began which is near current prices. Last Wednesday had huge volume and today’s prices are testing that level now on much lighter volume, which suggests support. The short term pullback appears done and another rally phase may begin shortly.

Tim Ord,

Editor

www.ord-oracle.com. 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
British Rock and Pop Singer Rod Stewart Reveals 11-Year-Old Son Rushed to Hospital Following Suspected Heart Attack
next post
Mish’s Daily: Real Motion Trading — Forecasting Reversal Patterns

You may also like

Downside Risk in a Bullish Market

March 19, 2024

MACD Reverse Divergence

April 20, 2023

AU Surges Above Resistance: Here’s How to Take...

April 1, 2025

DP Trading Room: ETFs vs. Indexes

March 20, 2023

Hindenburg Omen Flashes Initial Sell Signal

May 31, 2024

What are the Equity Market’s Positive Signs?

January 31, 2023

MUST SEE Updates to RRG Charts on StockCharts!

November 11, 2024

An Indicator to Define the Trend and Quantify...

March 23, 2024

Don’t Fight the Tape; Stock Market Returns to...

April 3, 2023

How Would YOU Rank the Magnificent 7 Stocks?

March 19, 2024

Downside Risk in a Bullish Market

March 19, 2024

MACD Reverse Divergence

April 20, 2023

AU Surges Above Resistance: Here’s How to Take...

April 1, 2025

DP Trading Room: ETFs vs. Indexes

March 20, 2023

Hindenburg Omen Flashes Initial Sell Signal

May 31, 2024

What are the Equity Market’s Positive Signs?

January 31, 2023

MUST SEE Updates to RRG Charts on StockCharts!

November 11, 2024

An Indicator to Define the Trend and Quantify...

March 23, 2024

Don’t Fight the Tape; Stock Market Returns to...

April 3, 2023

How Would YOU Rank the Magnificent 7 Stocks?

March 19, 2024

    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

    • Fifteen Minutes on ICE’s Mass Deportation Agenda

      June 30, 2025
    • White House says Mamdani would ‘crush’ New York City if elected mayor

      June 30, 2025
    • Trump to sign order lifting sanctions on Syria

      June 30, 2025
    • House Freedom Caucus targets Trump’s ‘big, beautiful bill’ with concerns about budget deficit

      June 30, 2025
    • Is This Rally Sustainable? You Better Bet Your Bullish Sweet Dollar It Is!

      June 30, 2025
    • Barclays launches appeal over motor finance commission ruling

      June 30, 2025

    Categories

    • Business (8,346)
    • Investing (2,086)
    • Politics (15,880)
    • Stocks (3,180)
    • 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