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

Future Retirement Success

Stocks

The Ord Oracle June 13, 2023

by June 14, 2023
June 14, 2023
The Ord Oracle June 13, 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.

We updated this chart from yesterday. The short term picture leans bullish as the VIX remains below +17, with the current reading coming in at +14.69. What we said yesterday remains in force: “The bottom window is the weekly VIX going back to early June 2021. It’s common for the SPY to trend higher when the VIX is below 17.  The VIX current reading stands at 14.82 and near a 2½ year low. VIX has generally been below 17 since early April and below 17 continually the last couple of weeks. This evidence suggests that the SPY is in a trending mode that could last weeks if not months. Support now lies near 420 range on the SPY.” We were long SPX on 12/20/22 to 1/27/23 for gain of 6.51%; long again from 2/6/23 to present for a +6.9% gain; totaling over 13.41% so far this year.

The bottom window is the 10-day average of the TRIN. It’s common for the SPY to stall, if not reverse, when the 10-day average of the TRIN reaches .80 and lower. We identified those instances with red lines. The current 10-day average of the TRIN stands at .93 and is in an area where the SPY can continue to rally. This indicator near .80 is something to watch for, which in turn could lead to a bearish setup.

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
In An Ironic Twist, the AMA Seeks Alternatives to the Residency Matching Program
next post
Small business exodus predicted if Labour wins next election

You may also like

The Best Five Sectors, #9

March 3, 2025

Gold Buyers Should Remember FDR

August 31, 2023

Week Ahead: NIFTY Faces An Imminent Consolidation; This...

December 9, 2023

This Is How I Crush The Benchmark S&P...

February 15, 2025

Market is Stuck — Which is Extremely Bullish

November 4, 2022

Crude Oil: Obstacles Ahead of $100

April 5, 2023

Stocks Pop Higher as Defensive Sectors Thrive

May 10, 2024

My Sustainability Ratios Remain Fairly Strong And Suggest...

October 23, 2022

Where Are We? Can We Say This Is...

May 14, 2023

The Fed Needs to Act Soon; Stocks Slip...

March 20, 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

    • Trump ally stands firm against ‘big, beautiful bill’ despite pressure: ‘It’ll completely backfire’

      June 8, 2025
    • Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

      June 8, 2025
    • Obama WH physician says Biden doc should have performed cognitive test

      June 8, 2025
    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,571)
    • Stocks (3,136)
    • 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