 T F N N headline news update Welcome folks. We have the Dow Industrial's finished down 191 Nasdaq was down 96 S&Ps off 26 and if we do take a look at the ETF structures folks they come down with some volume so coming into a powell tomorrow at the speech it looks like lower prices are coming at us let's go take a look at the embassy volume and see if that matched because earlier it didn't match it no it's still not there so yeah we have some divergence there that's big divergence so yeah so you know when you get divergence like that it's not telling you anything that's the real bottom line now I stick what ends up happening when I take a look when something like this happens meaning that whether you go up or down in this particular case we came down and what do you pay attention to ETF structure or the industry structure I pay attention to the ETF structure and the reason being is that so many of us are trading ETFs that's what it comes down to so inside the ETF structure it's like hey listen you're down 238 on the cues you're at 372 42 and that's telling me we can go to the bottom of this range out here which is the 368 that's from Monday and if you do get some fall through and volume then that lower end is going to be gaming a 355 to 353 gold gold contract out here you can expect that volatility out here tomorrow on gold to folks gold's in an ABC structure in the way up and I expect we're going to get that ABC structure we're up 350 you're trading 1794 gold one the ABC structure is 1980 1994 yeah 1994 and the high is 1922 no 18 I'm sorry 1894 1894 and the high is 1922 so I expect we're going to get up there and if it's if that's the fact then this dollar tomorrow I suspect was going to have a tough time we'll see if that's the case but the bottom line the dollar caught a bit out here today it's up 230 trying to get into the downdraft from Monday the downdraft from Monday got it from 93 500 to 92 900 and we're right at 93 56 right now so we'll see whether they basically can get into that area my take is that we're not going to get into that area and then notes and bonds there they're there they're there the trip man there's no doubt now we haven't hit the lower end the lowest swing point but man the volume that we are coming into it is monster so my take is that we will hit this lowest swing tomorrow have a great night folks have a safe night thanks for joining us please tell your friends about TFNN ask them to go to YouTube search TFNN subscribe it's free come join us tomorrow morning Tommy kicks us off 9 o'clock you want the action with good forward speech 9 o'clock in the morning have a great one have a safe one folks