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

Future Retirement Success

Stocks

The Ord Oracle September 18, 2023

by September 19, 2023
September 19, 2023
The Ord Oracle September 18, 2023

SPX Monitoring purposes; Short SPX on 9/1/23 at 4515.77; cover short 9/5/23 at 4496.83 = gain .43%.

Gain Since 12/20/22: 15.93%.

Monitoring Purposes GOLD:  Long GDX on 10/9/20 at 40.78. Chart 1

This week is the weakest week of the year, according to seasonality.

The top window above is the SPY. We labeled the times in blue when the TRIN and TICK closed in panic levels. Panic only appears at bottoms in the market; no panic readings, no bottom. Panic also occurs near the same price levels. We shaded in light blue when panic TRIN and TICK closes occurred, and that appeared between the 435 to 445 SPY ranges. Its appears the SPY is building a base from 435 to 445 SPY range for another rally to begin from. The SPY may test the lower range of this level one more time before the next impulse wave up begins.

The chart looks at the bigger picture. The second window up from the bottom is the 10-day average of the TRIN closes. It’s common for the market to stall, if not decline, when the 10-day TRIN reaches .90 and lower. We marked the times with red lines the times when the 10 day TRIN reached .90 and lower. Currently, the 10-day TRIN stands at .92, which leans bearish. A 10-day TRIN above 1.20 is normally found near lows in the market, and is something that may appear in the coming weeks when the next major low is approached. We are expecting a year-end rally, and that may come when the 10-day TRIN reaches above 1.20.

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
School Supply Lists Include SROs. Is That a Good Thing?
next post
The 2022-2023 Cato Supreme Court Review

You may also like

Google Stock Expectations In the Spotlight: Will Earnings...

October 24, 2023

Why This S&P Support Level is SO IMPORTANT

October 8, 2024

Key Levels for AAPL, AMZN, NVDA — Will...

March 25, 2025

M2 Shrinking, GDP Rising — A Bad Recipe...

December 24, 2022

Three Key Charts Showing Bearish Divergences

July 8, 2023

Can The Final Bear Turn Out the Lights?

August 13, 2022

Sector Spotlight: Will Tech Take a Seasonal Break...

May 30, 2023

Gold Chart Looks a Lot Different In Other...

June 22, 2023

Growth Stocks Seen THRIVING in Anticipation of NVDA...

August 23, 2023

Buy the Dip or Sell the Rip?

April 23, 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

    • How Staff Can Strengthen HIPAA Compliance and Security

      June 29, 2025
    • Lotus denies plans to close Hethel factory amid US expansion talks

      June 29, 2025
    • Top university degrees lose sway as tech employers prioritise job-ready skills

      June 29, 2025
    • Government urges supermarkets to make healthy food more appealing in bid to tackle obesity crisis

      June 29, 2025
    • Senate Republicans ram Trump’s ‘big, beautiful bill’ through key test vote

      June 29, 2025
    • Chief Justice Roberts sounds alarm on dangerous rhetoric aimed at judges from politicians

      June 29, 2025

    Categories

    • Business (8,334)
    • Investing (2,081)
    • Politics (15,853)
    • Stocks (3,177)
    • 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