 Welcome folks, this is Tom O'Brien of TFNN. We have five days a week, we have 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 growth so everyone's having a great day, safe day, it's quite a market man, let's make it a great night. Don't make assumptions, learn to ask questions. It's always better to ask questions than to make assumptions. Have the courage to ask questions and to be as clear as it can be. Once you hear the answer to the question, you won't have to make the assumption anymore because you will know the truth. Not gonna rise, let's take a look at it out here. We have the Dow, industrial's down 1100, Nasdaq is down 561, S&P's off 155, gold contract down $27.30 at 17.13 an ounce. You got Silver down 46 cents, $19.40 an ounce, Lace recruit off 20 cents, $87.57 a barrel, notes and bonds. So you get the 10-year, down 21 ticks, trade in 114, 29, the 30-year, let's just pop it up, it was down 30, now it's down 15 ticks in a minute. Pretty cool, I gotta look at that. Down 15 ticks, 132.12 and King dollar. King dollar's up 1486 ticks, trading out at a price point of 109, 815. The Euro's at 199, the yen is at 144 and the British pound is at 115 to one US dollar. iPhone number's 877, 9276648, give us a call, folks. One note's going on in your world and the world of the S&Ps, let's take a look at them, what do you have? Well, bottom line, folks, you're gonna be going after swing point. You know, we're down $15.50 right now. The swing we're talking about on the spy, you got 74 million shares, we made a high yesterday with 69, you're gonna do probably 84 million, 94 million. So the B point on this potential ABC down is at 388. Now let me show you something else though because you actually have a potential intraday ABC structure down right now and it's a big one, okay? So you can see what happened here, he said about 40 minutes ago, let's see, how many bars? One, two, three, four, five. Yeah, five bars ago, it passed the B point. Now what it did is this, you got by it, so that's gonna give you a price projection, the A is on this. What happens when you gap down like this, folks? If you're doing the ABC structure, you don't take the top of the gap, you take the bottom of the gap where it opened up. So that's 403, 297, so it's six points, that gets you 392. That's five, we're at 395. Now what we have, let me see how many minutes it left here. Okay, so you're at 10 minutes here, so what's happened is this, this is gonna get interesting and this is why. So flat out, my take is that we're going to that swing point and you get a potential ABC structure down. Now that being said, what just happened here is this, 10 minutes ago, on the 250 bar, you had volume current of 1.7. The one we just had is 1.5, so this bar is gonna be an important bar because the market's a deviant in general, okay? But the bottom line is that, yeah, you can get a small bounce, like we got a small bounce intraday and I can show you, it was pretty clear and you can see how volume was clear in these deals. We were bouncing along the bottom and what ended up happening is that at 1300, one o'clock, that was the first bar all day long that you had any volume in. And yeah, you know, you didn't get a lot, but you get 397 all the way up to 399. We go into the NDX100. We take a look at the NDX100 as the exact same setup inside the NDX. What you have here is the, you know, bottom line, we've done $15.29 right now. You're going after the B point and now you can see that the NDX100 is clearly much weaker than the S&P. So we're going after a B point. Now the B point is 290, 295. And for an ABC down, you need at 57 million shares. Well, we're 58 today. Now I don't expect to hit this B point today. You know, right now you're five bucks away from it and we're already down $15.5. Now let me show you the exact same setup, intraday what we had inside of the Qs also. You can see when we took out, we needed more than, let's see, 824,000, shares, we did 927, we took out the B. That being said, the bottom line, as you can see, this bar here that was at 10 of two, 10 of three rather, is your highest volume bar. So, you know, we'll see all the shakes out, but bottom line, this market has trouble. King dollar, we go to King dollar. King dollar very well could be an ABC structure on the way up folks. You know, what you have out here is that you have a wide-price spread, accelerated volume, you're gonna go after the B point. The B point's 110, 786, that's gonna give you, that's a 6.8 B and if that's what we get, you're talking about 113, 114, inside of the dollar index. We go into the, let's go into the bond because what's happening here is this. I believe that, let me just see this, very well may have an ABC structure down on the bond too. Okay, so let me go this way. We have 165,000 contracts, I think it is. I was talking to Z about this yesterday. It's an ABC down, there you go, man. Okay, rates are going high, right to the moon. Okay, so this is a 120, 25. Okay, so you get five bucks. That's 111, we're at 114.30 and it wants to go to a 111, so let's bring this up. T, no, TY, TY1, generic one, okay, generic, here we go. So these rates are gonna go dramatically higher, not just a little higher, folks, okay? We bring this up, put this on a monthly and you're gonna see we're gonna be going back to 2007, 2008 rates, that's how this is setting up. We had already broke the larger portion of it. You already broke that portion and we did that last week. Bottom line was game now was, you know, right down to the bottom, right there would, what did I say, it was 111, that was the next move. So 111, yeah, you can see there's a lot of trade in there that was in 2008 and bottom lines, we'll see how it's gonna react going after those lower levels, but that's, you know, right now, if you take a look at the 10-year, we are at 3.420 and the high for the last year is 3.473, you know? So I suspect more than likely what you're gonna see here, the dollar will continue higher, you're gonna get the, you know, the bonds continue lower and, you know, we're gonna have volume on the marketplace here, that's for sure today. Dow, Dow industries right now down 1144, you get the Nasdaq off 576, S&P's off 161, coming right back, folks.