 Welcome folks. This is Tom O'Brien of TFNN. We go five days a week. We go seven hours a day We go 24 hours a day in the internet at TFNN.com Always remember folks, whatever you think about you bring about whatever you focus on grows Hope everyone's having a great day. Safe day. Let's make it a great night folks Ignore the opinions of others. Don't take anything personally Whatever people do feel think or say don't take it personally Others are going to have their own opinion according to their belief system So whatever they think about you is not about you, but it's about them. That's a that's a wild one. That's a wild card, man Let's take a look at it out here. We have the now industrials up 255 Nazark up 187 S&P's up 47 gold gold contract down $5.80 trading at 18 18 1984 ounce silver up 8 cents $23.50 an ounce of light sweet crude off 26 cents trading at $72 93 cents a barrel notes and bonds a ten-year note down four ticks trading 114 16 the 30 year are five and 129 25 and King dollar King dollar trading up 244 ticks at 2674 the euros at 108 the yen is at 132 and the British pound is at 123 to 1 US dollar our phone numbers 877 9276 648 give us a call folks one notes going on to y'all world and the world of the S&P's Let's take a look at them. They had this is really cool where we're at here, man Wow, when you see this so what we have I'll bring the e-minis up again. We just did that update So at this point Yeah, you're at eight minutes into this 10-minute bar. So check out what we have here. Okay, so your benchmark here for the for two minutes okay is 4049 and What we did is this is that the first be your first bar you get the spike the second by you got even a heavier spike and You get some big volume on it the When when you are gonna basically start back and down again What you have here folks is that if we close under that benchmark of 4049 0.00 that would be saying that you got a failure and What would end up happening then is that this type of volume? It's not a day day trade Okay, it'll go right down to the other side of it. So we'll see where this happens It's really it's it's close. The reason it's close is this I said most of the time when you get a spike like this, right? That with the with the markets looking for is okay How many more buyers do we have up and you can see we don't have a lot of more buyers up here That's what ended up happening. He spiked it once spiked it again, and you know, we have 50 I mean how much they want to guess but but I'm just kind of trying to explain to you on an intraday basis What normally shakes out here? We go into the end cues. We take a look at the end cues the end cues have the same type of setup and We take a look at the end cues and what you have here Did the same deal With the same type of volume, but you can see there's not much movement after the first two bars And so the end cue has a lower benchmark that benchmark is 937 We're 10 points over that right now. I suspect what we're gonna see first is this you have a fight here If we get under those benchmarks, right the next five ten minutes bottom line is that you're gonna have more Sellers than your buyers coming into the close here That's how this shakes out because see what should have happened if well If we stay up here and it's 10 minute by they'll run into the close now because if we go to the The day let's go to the dailies now if you go to the dailies This is another contraction a monster contraction to you're going into the In the spy this thing was trying to hit the 402. We hit 400 point seven seven and You can see the contraction the contractions pretty dramatic man. I mean, you know yesterday we did 62 million we're at 50 right now you're going into 111 million, you know, so that's a big number We go into the end the x100 we take a look at the cues cues are set up the same type of way, man You know the cues want to get that 313 again 313 68 We made it to 312 54 the contractions there and once again though that I suspect the cues are gonna get it You know, it looks to me the cues cues want that they're gonna get it So the real question is is they did I get it today? Which they could very easily because we hit 312 54, you know already so we'll see how that baby shakes out Gold gold contract out here. We take a look at the gold contract. What do you have with the gold contract? You're pulling back with light volume This is building costs for higher price, man, you know, you really get a hundred and thirty eight thousand contracts on the pullback Let me show you this You get high volume today, you know, but you roll them yet. Well, you haven't got below lows either You haven't got below lows. You have high volume You know, this is this is staying at highs the longer this stays at highs the higher the probability that you're gonna bust through We go into the dollar we take a look at the dollar We have what the dollar is this the dollar has rejected lower price again just barely but rejected lower price And that's not a lot of price moving out here You know the dollar hit a high today of one or two seven eighty six, you know You have a hundred points off it, you know, not much action My take is this dollar is gonna try to get up to the one oh six to one oh seven area once again And then we go into the bond market. We take a look at the bond market out here The note and bond market we take a look at the note note market first You're gonna see notes and bonds one higher price folks higher price low yield coming at us If we take a look at this what you're gonna see We're backing down. There's no sellers in the market, you know, you get you get one point two million contracts Inside of the ten year that's going into one point eight. That's going into two point eight. That's going into 4.35 you're talking about some monster numbers out there some of the higher volume equities out here today Inside the market. This is gonna be a very low volume market. You get Intel up $2.40 Tesla's up $3. You have advanced micro up a buck and a half micron technologies up for 80 and video is up 576 You have Let's go inside the end the x100 the straight versus the weakness Lululemon, that's what I was looking for. That's up to our 13% Rivians up 11% Taken away from it. Ross Stores is down eight tenths or percent not highly nothing inside the end the x100 No way down JD is down seven tenths or 1% regener on five tenths Micrantech is up 8% you get some movies out here and Spades we have some movies, but you're going up to the top You have a volume that continually contracts. So, you know the bottom line is that And the any coming into window dressing. That's what we have happening here. This is today Yeah, today's an important day, you know, we'll see if we if we contract again And you stay at these prices you can picture that they're gonna go after the swing points The swing of highs and the contract should be there and this will go into window dressing Okay, which brings us into Monday or Tuesday next week and that's where you'll get the failure Dow industrials right now 272 Nasdaq's f198 S&P's are up 50 stay right there folks who come right back