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06/26/19 11:31 PM

#2172 RE: DiscoverGold #2153

The Ord Oracle
By: Tim Ord | June 26, 2019

SPX Monitoring purposes: Long SPX on 6/25/19 at 2917.38.
Monitoring purposes GOLD: Long GDX on 1/29/19 at 21.96.
Long Term Trend SPX monitor purposes: Sold long SPX on 5/6/19 at 2932.61= gain 5.96%.



The top window is the Bullish Percent index for the Gold Miners index with a 10-period moving average. The Bullish Percent Index measures the percent of stocks in an index that are on “Point & Figure” buy signals. When the 10-period moving average of the Bullish Percent Index rises above 40%, a bullish signal is generated for the Gold Miners Index. The red vertical lines show when bullish signals were generated in the past. The current read is 53.20%. Some of these bullish and bearish signals in the past have lasted for months. As long as the 10-period moving average of the Bullish Percent Index for the Gold Miners index remains above 40%, the uptrend should continue. Long GDX on 1/29/19 at 21.97.

Tim Ord,
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