 T F N N headline news update Welcome folks. We have the now industrial straightened down 66 you get the nazik off 97 S&P's off eight gold contract down five all 30 cents traded 1793 announce we had silver down 31 cents 20 foot all five cents an ounce late sweet crude up a buck $69 35 cents a barrel notes and bonds the 10 year up a tick straight in 133 08 the 30 year up 23 a 162 20 and King dollar King dolls up a hundred and forty ticks trading out at ninety two six seventy three Euro one eighteen yen one ten point two three and the British pound is one thirty seven to one US dollar we get open we take a look at the spy folks would you have a happening out here you're still at all time highs That's the real bottom line you down sixty eight cents. You can say they give you the slow roll actually lower You get late volume out here 41 million shares yesterday. We did 52 you probably do Fifty one out here today now the end the x100 different animal what you have with the end the x100 right now is this You down a buck 69 you've done a hundred twenty six thousand million contracts are shares already and you're coming into 27 million So if we stay here meaning just down a buck seventy five in the queues that saying that this thing wants lower price It's a very subtle move, but you have an expansion of volume You do have lower price what you're going into is is going to be higher volume Which you do about 35 million shares today inside the queues gold contract We had with gold this if you're a gold bull this we didn't eat it folks That's the bottom line we have out here today is that you go down or price point of 1783 You rejected lower price you're at 1792 you've done 154,000 contracts you've come into its strength which was the 1785 You're above it. You never even made the swing point which is 1781 And you've done it with tremendously light of volume now I'm gonna go right to the US dollar why because it's real possible that it just finished a countertrend bounce It did a 50% retracement of the move lower Right on the dot two man to the 92 862 today was a 50% retracement of the move down off its eyes when it broke the march high So we'll see where this baby shakes out because it's gonna be all about that good US dollar Inside of the commodity market in general. That's the name of the game notes and bonds They just still refuse to give it up pretty amazing actually they came down hard yesterday And guess what today the bottom line is that they reject well They not only reject the lower price They just even didn't could even hit the lowest swing point which was 132 25 stay right there folks come right back