 Welcome, folks! This is Tom O'Brien, a TFNN. We have 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 growth. Hope everyone's having a great day, safe day. Let's make it a great night, folks, and a great week. Don't take anything personally. Ignore the opinions of others. Whatever people do, feel, think, or say, don't take it personally. Others are going to have their own opinions according to their belief system, so whatever they think about you is not about you, but is about them. That's a tricky cod, man. Knock it wise! Let's take a look at it out here. We have the Dow Industries down 114. Nasdaq off 241. S&P's off 35. Gold contract flat 19-22-60. Silver also flat 24 dollars 50 cents an ounce. Light sweet crude up 464 at 97-32. Notes and bonds. A 10-year note. Down 7 ticks at 1-20-22. The 30-year off a full point at 145-14 in Kingdala. Kingdala's up 131 ticks trading out at 99-601. Euro 109 yen is at 123.77. And the British pound is at 130-1 US dollar. Our phone number is 877-927-6648. Give us a call, folks. I know what's going on in your world. The S&P's, let's take a look at it. Let's get over to the futures, because this is really cool where we are, folks. So we got a down market all day. You had the Fed Minutes come out. That's the wrong future. Okay, here we go. So we had the Fed Minutes come out. Bottom line, sank the market. Well, first, what it did, and this is what's really cool about what we're doing right at the second. So what it did is that you had the spike higher. So the spike higher that we're talking about is that when it came out, the spike higher was $44.95. Now, you can see what's going on. We are right now in nine minutes into this bar. So you're going to have a failure on price and a failure on volume. If you day trade, folks, okay, put it this way. Time in the trade works, whether it's a daily, weekly, monthly. You just see more if you're day trading inside it. This is going to be a classic here, okay? So at the end of this bar, okay, which is still one more minute, I think it still could make it, okay? The bottom line is that we have to make $44.95. Now, if it doesn't make $44.95, that's a failure on price and volume. And where you can expect the first move to go is this. See this bar that got registered out here 40 minutes ago? That bar is $44.81. So you can see the volume on that bar. Now, that bar there is $61,000 contracts. Okay, so we already just failed. What happened next is it's going to go at the top of that bar, which is the $44.81. And you're going to need more volume in order to get to lower price. This is how this is kind of set up. So it's going to be cool watching this whole thing shake out. My take is that, yeah, we already failed the first one. We'll see how this shakes out. And we'll go from there, man. We take a look at the NQs. NQs, same type of setup. Now, you've got to remember something, that the NQs are weaker than the S&P. So if we take a look at the NQs, what we have here, this is okay. So inside the NQs, it's the same number. The spike high there was $14,634. We had 38,000 contracts. Well, we got over it and we closed under it with $19,000. Bottom line, it's the same number. See how that big spike right there? On the way back down, $16,574, would give it a little support. Bottom line, we'll see where this baby shakes out. My take is that we're going south once again. And we'll know really quick, because what ends up happening when you get bars like that and you get a failure, it'll come back down, try to get into it. If there's too much, if the volume is too light on the way down, guess what? You're going right back top side. So nice setup, man. Nice setup. Gold, gold contract out here. Take a look at gold. Gold continues to go sideways. Light volume. This is all about the good old U.S. dollar. Bottom line is that dollar stays high, gold's going to go sideways. Right now, you've got 145,000 contracts. You're going sideways. You're trading out here at 1926. We take a look at the silver market. What do you have with the silver market? Same thing, flat market. And that is trading out here at a price point of 24.54. This is pretty cool. This is rejected. You can see what it's doing. Last week when we went down on the 29th, that's a high volume spike low, rather, and that's what it's trying to get into. If we take a look at this, and there we go, you'll see that we have 43,000 contracts. You're going into 76,000 contracts. So you're going to need a lot more contract volume than it should be. We get over to the good old king dollar. We take a look at king dollar, king dollar. Bottom line couldn't handle higher price yesterday. Came off it. Guess what? You're over it. Bottom line, we'll see where this is shaking. But if we stay over this for a bit of time, meaning three, four, five days, then what is game is that next high out there, which is 102.7 plus 102.992. We look at some of the higher volume we are. What is going to happen already is this. No matter where the S&P goes today, meaning if I'm right in the context, it's going to go back down versus basically, you know, being a nice bull and going all the way higher, you're going to have a high volume low. We have volume in this market out here in a big way. So we reached a lower price. You're going to have volume. If we take a look at the, let's just take a look at the spy, because when you set this up, what you have is that you can see, you've got a small ABC down, man. Oh yeah, this is even better. This is cool. Okay, so let's do this. That's 462 to 450. Okay, 449. You know, 13 is 457, 47, 43. What are we meant? Okay, we hit. Oh man, look at that. Now this is cool too. Did you see what happened here? This was a small ABC down. And it hit the D point right on too. I mean, in a monster way. But you can see from the volume already, you get a high volume spike lower. So that is on the indices. I mean, that is on the spy. It's on the cues. And you can see just looking at the volume right now. It's 605. This is going to do about 1.2, 1.3 billion. And the NYSE, and I suspect the NASDAQ is going to be a monster. Let's see what the monster is. Right now, yeah, we're at 4.1. What we did yesterday was 4.6. The NASDAQ will probably do 5 billion shares. So you're going to have a lower price, higher volume, no matter what the market does right now. Dow industry is right now down 79. NASDAQ is up 239. S&Ps are up 30. Stay right there, folks. We'll come right back.