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

Future Retirement Success

Stocks

The Ord Oracle April 25, 2023

by April 26, 2023
April 26, 2023
The Ord Oracle April 25, 2023

SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98.

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

Long Term SPX Monitor Purposes: Neutral.

Don’t believe an extended decline is beginning here. March 31 jumped above the previous high of March 6 with a “Sign of Strength” (noted with red arrows), which suggests a valid break to the upside and now the previous high (March 6 high near 405 SPY) should act as support (light-shaded pink area is support). The SPY is near the support now. Our thinking is that, as April is up 94% of the time in pre-election years, the support near 405 SPY will hold and the market will again try to rally. (Food for thought; In pre-election years like this year, if January was up–and it was up over 6% in 2023–then April is up 88% of the time.)

The bottom window is the VIX, which touched a new short-term low yesterday. Worthwhile tops in the SPX usually don’t form when the VIX touches to a new short term low. What can be troubling for the market is when the SPX trades at higher highs and the VIX trades at higher lows (circled in red on bottom window) where worthwhile tops can form. Page one suggests SPY is near support near the 405 level. If the market does rally from support and trades to new short-term high while VIX fails to trade to new short term low, we will see a negative divergence. If the market rallies to new short-term highs while VIX trades to new short-term lows, there will be a positive divergence.

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
Silicon Valley campaign set to promote UK’s trillion-dollar tech sector
next post
Schwab: Surviving a Banking Bloodbath with a Smile and Swagger

You may also like

The Top 3 Reasons Why THIS is My...

August 24, 2023

Equity and Inflation Outlook — Watch These Videos!

November 21, 2023

Tech Stocks Take a Breather: Is Now the...

June 21, 2024

Crucial Insights: How Rising Rates IMPACT You!

September 7, 2023

Stocks Continue Feeling The Pressure From Higher Rates

October 12, 2023

Hammer And Nails: Homebuilders

February 24, 2023

GNG TV: Intermarket Forces Assist Equity Rally

November 17, 2022

Is the Stock Market Getting Ready to Bounce?...

April 10, 2025

Vietnam and the U.S. Widening Trade Deficit

June 7, 2023

The Most Important Stat That No One Is...

October 30, 2022

    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

    • Week Ahead: NIFTY’s Behavior Against This Level Crucial As The Index Looks At Potential Resumption Of An Upmove

      June 7, 2025
    • FLASHBACK: Musk accused Trump, GOP leaders of not wanting to cut spending — here’s where they said they would

      June 7, 2025
    • ‘Right down the line’: Medicaid reform in ‘big, beautiful bill’ divides lawmakers by party

      June 7, 2025
    • FAST distribution and IA

      June 7, 2025
    • Why Independent Digital Platforms Are Gaining Ground Among UK Entrepreneurs

      June 7, 2025
    • Is Decentralisation the Future of Online Services in the UK?

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,560)
    • Stocks (3,135)
    • 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