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SPX Monitoring purposes; Long SPX on 10/31/25 at 6840.20.

Our gain 1/1/24 to 12/31/24 = 29.28%; SPX gain 23.67%

Our Gain 1/1/23 to 12/31/23 SPX= 28.12%; SPX gain 23.38%

Monitoring purposes GOLD: Long GDX at 75.76; 9/29/25
 

The SPY was up five days in a row going into last Wednesday; this predicts the market will be higher within fives day 82% of the time; so this is not a top of any degree. At one point we where predicting for a pull back to support near 670 SPY which is where TRIN reached above 1.20 which identifies panic and panic only forms near low. That did not happen. Market may be waiting for the New York election results which are tomorrow. Monthly chart remains bullish (see page two). 
 

Last month new high on the SPY had higher volume then the previous month and previous month SPY high had higher volume then the previous month and so on. Breaking to new high on higher volume is the definition of a bull trend. Uptrend intact until the volume fall less then the previous volume on a new high in the SPY (see February 2025).
 

The bottom window is the daily Cumulative Advance/Decline for GDX; next higher window is the daily cumulative up down volume for GDX and top window is the daily GDX. GDX is considered in an uptrend when both indicators are above their mid Bollinger bands which we shaded in light green. When both indicators are below their mid Bollinger bands, GDX is considered in a downtrend (shaded in pink). Notice that GDX has pull back from the 84.00 range and both indicators are holding near their highs which shows internal strength in present in GDX (circle in Red) Long GDX on 9/29/25 at 75.76.

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