 Welcome, folks. This is Tom O'Brien at TFNN. We go five days a week. We go seven hours a day. We go 24 hours a day on the Internet at TFNN.com. Always remember, folks, whatever you think about, you bring about whatever you focus on, grow so everyone's having a great day, safe day. It's a TGIF, folks. Make it a great one. Surrender and let go of the past. This is a great card. It's particularly a great card about being present. Whatever life takes away from you, let it go. When you surrender and let go of the past, you allow yourself to be fully alive in the moment. Letting go of the past means that you can enjoy the dream that is happening right here, right now. Yesterday's gone. Tomorrow's not here. What are you going to do right now? Market-wise, let's take a look at it out here. We have the Dow Industries down $7.15. You get the Nasdaq off $4.41. S&Ps off $129. Gold contract trading up $15.50 at $19.06. You get Silver at $22.90. Light Sweet Crew, $104.60. Notes and Bonds. You get the 10-year note, down $6.00, $1.1905, the 30-year off $16.00 at $140.23. The amazing part, folks, is this. When you actually looked at the bounce that we had yesterday, you can see that the notes and bonds couldn't even go up, go down, rather, meaning up on price, down on yield. And that was a monster heads up. This is another one. You got, you know, the indices down, you know, 2.1% to 3.4%. And guess what? The bonds are still going down. The industry streets are still going up. And the reason being is that what has happened out here today also is that your probability that the May Fed meeting is going to do a 0.75 rate hike. Now, this is a, this is a trade is probability. That's what they're betting on right now. It went from a 0.50 to a 0.70. You know, we talked about the aspect the last couple days about the Fed fund rate right now. The Fed fund rate right now is 0.25 to 0.50. Well, they want to get to 2.5. You do the math on that. You know, the bottom line is that they want to get to 2.5. That's a long way from 0.50. $Kingdala. $Kingdala is down 600 ticks trading out here at 1.0301. Euro is a 1.05. Yen is at 1.29. The British pound is at 1.25 to 1.00 US dollar. iPhone number is 877. 9276648. It was called, folks, one that's going on in your world and the world of the S&Ps. Let's take a look at them. What do you have? So we're going to take a look at the spy first. And we have inside the spy right now. We're at 414. The spy has this high volume, low that's going after. That's 41064. And the danger part out here today, folks, is this, is that going down into that level, which is doing, and not hitting it today. See, it would be better if it actually hit it today and got it over with. Because when it doesn't hit it today, you hear me always talk a lot about building cause. Building cause is very dangerous in down markets because you're building more energy to get to lower price. And this is what this looks to me like. This is how this is setting up. So I assume you're not going to hit it today. You're going to hit it on Monday, but you're going to hit it. You're going to probably blow right through it. We take a look at the NDX 100, the 3Qs. And by the way, when we do come back to work on Monday, what you're going to have there is that we have window dressing. So you can see there's certainly no window dressing going on today. We take a look at the Qs, the Qs that low there, that it already blew by is 31829. So with that sets up, that sets up, you're going to the next level down. And the next level down is not pretty inside the Qs. We take a look at this and what you're going to see. Oh, this is heavy. Oh, hold it one second. This is, oh, you got an ABC down. Oh my God. I didn't want to have to be the bearer of bad news over a weekend. But guess what, man? This is a monster ABC down. Okay, let's do the number. 408 318 is 90 bucks. That's 260. It's 260, right there. We're going to 260, man. This is a confirmed ABC structure down. You can see it. As you see it on the weekly, I'll put it up in the monthly 260. And it makes sense because what happens is that we're going to get some at 297. You should bottom line, get a little bit of support. But 260 is the ABC down, man. That's going to be intense. That's June. Now, September of 2020. Kingdala. Let's go take a look at Kingdala right here. What do we have with Kingdala? Would you have a Kingdala? We bring this up. This hasn't given up the ghost yet. If we take a look at this, what you're going to see is that bottom line is that Kingdala, put this back even further. I'm going to put it back like 50 years. I'll put it back 30 years on the monthly. And what you're going to see on Kingdala is that it didn't handle the top, but you're still up here, man. I mean, this was like, if Kingdala breaks this 103 680 and we got to the 103 938, but right at 103 016 right now, bottom line is that we'll see whether we got a failure up there. That's how that shakes out. Amazon. Let's go to Amazon. So Amazon bottom line is that come out with the numbers last night based on suspending money again. And the stock's down $438. Let's put this on a monthly. And you can see the next level. I mean, Amazon's $2,000. $2,033 is the next level. Right now, Amazon is in nowhere, no man's land. And what I mean by that, we talk about, you know, levels triple decades in South Boston, you know, that's kind of what I relate to in the context of how looking at markets meaning, you go up, you're at a level, you're at a floor, you go up the next flight of stairs and there's no flight of stairs here. You know, the bottom line is you went up too quick, particularly we this consolidated for July of 2020. So we're talking about almost two years, right? You consolidate two years, you break the consolidation. Guess what? Next level is 2033. And that would be quite a hit because the bottom line is that, you know, we started above the high was 3773. And Amazon, you've heard me say this before, Amazon is always so hard to buy, folks. Okay. It is absolutely also the best. So what you want to get yourself psyched at is that, you know, what levels you might want to be looking at, you know, this is a fast and furious market. My take is that you already heard my take. Some of the higher volume equities out here, we take a look at it. And this is accelerating on the way down with 45 minutes left. We got Apple off four and a half dollars, advanced Microsoft three and a half dollars. You got Nvidia off 11. These are like ping pong balls, man. You know, Nvidia, you know, because up 11 goes down 11, you know, but the bottom line is that what happens in bear markets, folks, is this is that you go down, you go sideways a bit, you get a nice big day up. And then all sudden you get on more every bounce is less and every down draft is more. Stay right there, folks. Come right back.