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

Market Breadth Gains Momentum; Don’t Fight the Market,...

December 21, 2023

Why the Stock Market is SO Confusing Right...

September 24, 2024

Three Ways Top Investors Track Sector Rotation

November 19, 2024

Deep Dive Into Stop Losses, Volatility Hacks, and...

September 15, 2023

The Yin and the Yang of the Stock...

May 19, 2023

Automate Your Scans with Ease! Sample Scan Library...

May 23, 2025

Will Rising Oil Prices Smack the S&P 500?

August 2, 2023

It’s Homework Time: Improving Stocks In Improving Industry...

October 16, 2022

Let The Charts Do The Talking

February 26, 2023

Market In a “Wait and See” Mode: Awaiting...

February 28, 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

    • Musk feud presents ‘unprecedented’ dynamic compared to past Trump disputes: expert

      June 7, 2025
    • Snub of Musk’s NASA nominee ally preceded sudden ‘big, beautiful bill’ criticism, Trump feud

      June 6, 2025
    • Supreme Court rules DOGE can access Social Security information

      June 6, 2025
    • US sanctions money laundering network aiding Iran as regime faces nuclear reprimand at IAEA

      June 6, 2025
    • From Tariffs to Tech: Where Smart Money’s Moving Right Now

      June 6, 2025
    • Your Weekly Stock Market Snapshot: What It Means for Your Investments

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,019)
    • Politics (15,556)
    • Stocks (3,134)
    • 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