Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Stocks

The Ord Oracle November 28, 2023

by November 29, 2023
November 29, 2023
The Ord Oracle November 28, 2023

SPX Monitoring Purposes; Long SPX 10/27/23 at 4117.37.
Gain Since 12/20/22: Over 26%.
Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78.

There is a very good likelihood of a multi-year signal triggering for GDX in the coming months.

The above chart is on the monthly time frame. The bottom window is the GDX Cumulative Up Down Volume percent, and the next higher window is the GDX Cumulative Advance/Decline percent. These signals generate after a bottom is in, but, once they are triggered, the signal can last many months or years. Bullish signals are generated when both indicators close above mid-Bollinger bands (noted with blue lines) and bearish signals when both indicators close below mid-Bollinger bands (noted with red lines).

Both monthly indicators reached near the 2016 low (noted with pink shaded areas), noting an oversold market. The last sell signal came in early 2021 (nearly 3 years ago), and is now nearing a bullish crossover of the mid-Bollinger band, which may take another month of two. We do have evidence that a worthwhile low has formed already and a bullish mid-Bollinger band crossing of both indicators above will signal that a multi-month, if not a multi year, rally is coming.

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
The Hoax of Modern Finance – Part 1: Introduction
next post
The Final Episode: Jesse Livermore Insights and Holding ‘Dead Money’ Positions

Related Posts

Sector Rotation Update: Value Stocks and Bonds Lead...

April 19, 2025

The Impact of Using Different Benchmarks for RRG!

July 16, 2023

Start Trading Like a Pro with These RSI...

November 2, 2023

This Beaten-Down Magnificent Seven Stock is Poised to...

February 17, 2024

Big View Slaps Bulls with Warnings

November 29, 2023

AMD Plunges to a Critical Support Level: Is...

April 17, 2024

Key Levels for AMZN, AMD, & AAPL Earnings!

April 30, 2024

The Stock Market This Week: What This Surging...

March 23, 2024

Hidden Gems: Bullish Patterns Emerging in These Country...

April 24, 2025

The Worst Month of the Year is Behind...

September 30, 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.

    Latest

    • Fed Watch: Key Bullish Patterns in the S&P 500, Utilities, and Crypto

    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

    • Brunswick Exploration Announces Brokered Private Placement for Gross Proceeds of up to C$2.5 Million, with a Lead Order from a Strategic Investor

    • Drill Contract Awarded for Elizabeth Hill. Technical Visit Completed to Define Drill Targets

    • $2.6M Placement and SPP to fast-track China entry and sales

    • NorthStar Gaming Announces Receipt of Management Cease Trade Order

    Categories

    • Business (1,183)
    • Investing (2,407)
    • Politics (3,699)
    • Stocks (1,553)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.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 moneycontrolplace.com | All Rights Reserved