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

Future Retirement Success

Stocks

The Ord Oracle August 30, 2022

by August 31, 2022
August 31, 2022
The Ord Oracle August 30, 2022

SPX Monitoring Purposes: Long 8/29/22 4030.61

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

Long Term SPX Monitor Purposes: Neutral

On Friday, the TRIN closed at 2.10 and TICK closed at -299, which is a bullish combination that predicts a low from the same day as the bullish readings to as late as two days later, which would be today. Also on Friday, the SPY had a “Selling Climax” day (volume near double the previous several days’ volume) which shows exhaustion to the downside. Today, the SPY closed below its lower Bollinger Band, and previous examples flipped the market sideways or reversed up. Volume should lighten up starting tomorrow and continue to decrease into Friday, going into a 3-day weekend holiday. Its common for markets to reverse around holiday weekends.

Updated this chart and have nothing new to add. Yesterday, we said, “the second window down from the top is the VIX/VVIX ratio. This indicators can also measure a form of panic by measuring the velocity of this ratio. The top window is the RSI for this ratio; readings above 70 suggest short-term exhaustion. Current reading is 80. Second window up from the bottom is the Percent Bollinger Band; today’s reading is .99, showing that VIX/VVIX ratio is at its upper boundary line and is due for a pause. The red vertical lines shows the times when both RSI and Percent Bollinger Band reached overbought levels. Should see a bounce in the market short-term.”

We updated this chart from yesterday. We want to point out that a new decline in GDX never began when the 18-day averages of the up down volume percent and Advance/Decline percent traded below -20. When the -20 reading was recorded on both indicators, the decline was finished and the base-building process begun. This time could be different, but today’s tests of the July low on GDX should find support and in general continue to go sideways, possibly for several more weeks. This type of setup appears to be working out as the previous signals worked out.

Tim Ord,

Editor

www.ord-oracle.com. New 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
Persil advert banned for misleading green claims
next post
Questions That You MUST Ask

You may also like

At the Edge of Chaos: Liquidity Shows Promise...

November 6, 2022

Shopify Stock Is Getting Some Love

November 11, 2022

Fed’s Rate Pause: Does It Really Change the...

June 14, 2023

Semiconductors Are Down: Is Now the Time to...

July 31, 2024

Unleash the Power of BPI: The Key to...

February 20, 2025

Should You be Concerned About These Four Stocks?

April 2, 2024

Unlocking the Secrets to Profitable Semiconductor Investments

February 21, 2025

Sugar Prices Soar — What Could It Mean?

February 23, 2023

Top 10 Stocks to Watch in July 2024!

June 29, 2024

CRITICAL Week Ahead for S&P 500

August 13, 2024

At the Edge of Chaos: Liquidity Shows Promise...

November 6, 2022

Shopify Stock Is Getting Some Love

November 11, 2022

Fed’s Rate Pause: Does It Really Change the...

June 14, 2023

Semiconductors Are Down: Is Now the Time to...

July 31, 2024

Unleash the Power of BPI: The Key to...

February 20, 2025

Should You be Concerned About These Four Stocks?

April 2, 2024

Unlocking the Secrets to Profitable Semiconductor Investments

February 21, 2025

Sugar Prices Soar — What Could It Mean?

February 23, 2023

Top 10 Stocks to Watch in July 2024!

June 29, 2024

CRITICAL Week Ahead for S&P 500

August 13, 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

    • Tesla sees UK sales rebound in June as EV market accelerates

      July 5, 2025
    • Hived raises $42m to roll out electric delivery fleet across southern England

      July 5, 2025
    • Week Ahead: NIFTY Set To Stay In A Defined Range Unless These Levels Are Taken Out; Drags Support Higher

      July 5, 2025
    • “A turning point for education”: James Caan launches bold education reform plan in House of Lords

      July 5, 2025
    • ‘Invest in Women’ fund criticised for slow rollout as MPs call for bolder action

      July 5, 2025
    • Iran regime escalates repression toward ‘North Korea-style model of isolation and control’

      July 4, 2025

    Categories

    • Business (8,397)
    • Investing (2,102)
    • Politics (15,945)
    • Stocks (3,190)
    • 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