 Welcome folks, this is Tom O'Brien of 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, it's making a great night folks. You are responsible for your own happiness. Happiness never comes from outside of you. You put your happiness into someone else's hands, they can take it away. Happiness can only come from inside of you and it is the result of your love. My good boys, let's take a look at it out here. We have the Dow Industrial's down 549, Nasdaq off 185, S&P's down 65. Gold contract down $32 trading at 18.21 an ounce. We have silver down 92 cents, 20 dollars 65 cents an ounce, light sweet crude $106.33 a barrel, notes and bonds. The 10-year note, up 21.6 trading $119.30, 30 up a full point, plus six ticks at 140, 26 and $king dollar. $king dollar's taken off folks, this is wild man. $king dollar's up 984.6, 104, 830. Euro is out here at a price point of 103. Yen is out here at 128, British pounds at 121 to one US dollar. Our phone number's 877-927-6648. Give us a call, folks. One note's going on in your world and the world of the S&P's, let's take a look at them, what do you have? Well, bottom line, you get a market that people keep buying and let me just show you this. Here, I just started off this with, I'm gonna start this off with the arms so I can just show you something that we never should have right now. So this is the arms index, folks. See this, when you're looking at this, you get a 0.74 and yesterday was a 1.10. What that's telling you, when you get to a bottom, folks, right? What happens is that normally, see, 2.13, what you need for a bottom is this. Inside of these five days, you need something that's running 10 to 12 if you add them up. You normally get a two, 2.5, 3., no, 2.5, 2.1, two point thing, and then like a four point something. What has happened here is this, even though we have come down so dramatically, people are buying, man, that's what this means. When you have a 1.04, so check this out, a 1.04 and a 1.10 means that the same amount, all stocks inside the NYSE, we're getting an equal buy. A 0.74 means that everyone is going after the Microsofts of the world again, okay? That's not what bottoms come down to. Sad, this is insane, but that's how it shakes out. We go over to the spy, we take a look at the spy out here. You got, you know, we came down with volumists today, a 386, you bring this up, we're gonna put these on, you wanna put all of these on weeklies now because what we don't have, folks, and we didn't have, you don't have any support, man. You know, that's like, I mean, you wouldn't even have to, you know, no technical analysis. You know, you're coming into a little bit of support right at this point, and that's bringing you back to, what is that, March of 2021. But what you have there, when you match up this side versus the other side, this is telling me that this thing's coming all the way back down here, which is that's 358, that would make sense because a 1 to 1.382 is 366. So this thing is relentless. The NDX 100, you know, it leads up, it leads down. This was a pretty clear case inside the NDX 100 that, you know, 281 is your A to B equals the C to D. And, you know, if you have time in the trade, you know that ABC structures, the A to B, and the C to D, I mean, the A to B, yeah, the C to D are straight line moves. And you can see, I'll put this on the weekly so you can see, you know, where this is, okay? I mean, it was pretty clear. You go right from the high, here's your ABC down, man. I mean, it was vicious, you know? And that baby lines up and it looks like we're gonna get it, that 289, the 281 now. And the problem is though, the bottom right here is at 260. So the highs of the next consolidation are 290, but because we already broke into 290, what happens is that you're gonna go to the bottom of it. Now the real kicker is, is it gonna hold? And if it doesn't hold, guess what? You're going to pre-pandemic 257, 217, no, 237, which is pretty intense. Gold, gold, ABC structure down, you know? And what you, so pitch it. This whole thing started because Stocks were overvalued. You know, we've talked about, my take is that it's a reset of all assets that's happening. Now, with the dollar breaking out top side, this is a whole different ball game now. Because now what you have is that there's gonna be so many dislocations in the market because the dollar has got so strong. And that's gonna put selling pressure on everything. I mean everything. So we take a look at gold contract, you get 200 and, yeah, 221,000 contracts today that's big contract volume. The A to B, CD is 1788 and I expect we're gonna get it. And this is getting dicey, man. And we go over to the good old dollar and you see the dollar, this is a clear break. Now, it doesn't mean that you can't have a failure but what I've found is this, and you know, we've been talking about this. That the longer that you stay at highs, the longer you stay at lows. It works the same way, folks, okay? The higher the probability is that you are gonna break the top side if you stay at highs. And at lows, you're gonna break lower. Well, this is pretty clear. I mean, you can see what happened here. You get the wide price spread. We don't have volume on the dollar or any type of currencies whatsoever. So it's a little bit tougher. For me, it's a little bit tougher because I'm so hooked with volume and price. So if we take a look at where we are, we just broke and you're talking about a major break, man. I mean, there's nothing. So when we take a look at this dollar, what you're gonna see in the ironic part, of course, is I started the gold report right when the dollar was 120 to 121. And this is 22 years later. And guess what? The dollar's going back to visit its old friends. You can see the break here. And because we came down so fast on the dollar, that as you go up, that's what ends up happening. You know, and then if we measure this consolidation, at the top, it's 103. The bottom of it is 88, okay? So you take 15 points, you add it to 103. Bingo, you got 118, man. 121's the high, we're going to the high. Stay right there folks, come right back.