 headline news update welcome folks we have the down industrial straight down for 85 Nasdaq's down 171 S&P's down 65 gold gold contract down $14.60 straight into 1754 an ounce we have silver down 51 cents $21.09 an ounce of late-sweet crude up 86 cents $77.14 a barrel notes and bonds a 10-year note down to tick trade in 112 30 the 30 are 5 at 127 24 and King dollar King dollar rejected lower price out here King dollars up 709 709 ticks that is 106 668 euros at 103 yens at 138 and the British pound is at 119 to one at US dollar we get open take a look at the market your spy the volume is not that heavy on the spies we're backing down here you do have volume inside of the queues so spy bottom line is going to go for this lowest wing now lowest wing that's that's 390 or 396 if we take a look at the NDX 100 different that this is definitely you can tell it's weaker it's actually inside it's lower range in one day so we did here with the queues queues right now 282 and once you got inside this 284 60 again it puts game on you know we'll see how the it reacts to the swing the swing here is 282 I expect it's going to go for that tomorrow if it goes for that then we're going to go after that gap the gap that's down there that's a 268 and what it's all about folks is this this dollar wants the bounce even if we get a point three a two bounce on the dollar bottom line it's going to be a big bounce you know it's been messing with it since it made a low that was established out here on the 15th of November went up pulled back rejected it rejected it this morning it makes it makes sense you're going to get a bounce and right now you're at 106 689 679 and you get a figure the the point three a two is like 108 297 you know so my take is that we're going to go at least to that point and what that does no doubt is that the contingent to have pressure on the market if we take a look at the industry volume out here let's see we're going to have so right now that's it's it's it's it's light industry volume so NASDAQ that NASDAQ is too so this is going to be a pullback with light volume consolidate building cause and my take is that yeah it's we're still going to go higher here but right now this thing wants to pull back I expect the next few days say right there folks come right back