 Headline News Update. Welcome folks. We have the Dow Industries trading down $274 and Aztecs off $255, S&Ps down $57, Gold Gold Contract down $2.70, trading at $19.52 an ounce. We have Silver down $.52, $20.75 an ounce, Light Sweet Crew up $1.60, $103.83 a barrel, notes and bonds. The 10-year note, down $25 ticks, trading $1.18, $23, the 30-year off a full point, plus a ticket, $140 flat-out and $King Dollar. $King Dollar is up $194 ticks, trading $100.584, Euro is $108, yen is $128.27, the British pound is at $130 to $1 US Dollar. Well, you know, when we take a look at the S&P first, what you're going to see out there folks, bottom line, couldn't hold price, you know, it's going to be amazing here now too. Now, this is how you can tell that the market basically wants lower price, okay? So we talk about price and volume all the time, that's my gig, right? So the bottom line, we come down with volume. Last two days, you know, you go up with lighter volume, right? Well, this is, and this is really hard to do. You're actually going to have a higher high today with lighter volume folks. That's how this works. That's bearish, because you gave it up on price too. More than like you're going to have a big ABC structure on the way down, 435 is your B point, and if that's what you get, let me look at this, is you get 62 to 35, and that's going to bring you all the way down the very bottom out here. That's in the S&P, which is stronger than the NDX100. NDX100, bottom line, same type of setup, couldn't hold price. The NDX is already in an ABC structure on the way down. Turned into a complex one, and guess what? It's going to fulfill basically everything that a complex one does. And that's the same type of setup. Next up, down 318, right now you're at 334. Gold. Gold contract, this is pretty cool this morning. Now, this is what you could see out there this morning too. Gold rejected lower price once again, and had lighter volume. Now, what you had out here this morning, gold got down to the price point of 1938. You've done 144,000 contracts, this is a light contract volume. Now we'll end up happening. We'll see if it can get any traction on the way up. In the last couple of days before when it was up at the highs, it didn't have the traction. And guess what? Higher highs, you need traction. Notes and bonds, lower price, high yield. That's where it's at, folks. That's where this market wants to go. And Powell put the whipped cream on top of that cake today, bottom line. Half a point is coming at you. Stay right there, folks. Come right back.