 T F N N headline news update Welcome folks. We have the Dow industrials trading down 27 nasa car 45 S&Ps off one and a half gold gold down three dollars and fifty cents traded 1492 an ounce You have silver down two cents at 17 dollars and 85 cents with an ounce What you're gonna see out here in the gold market folks is that we have rejected lower price You're gonna have lighter volume out here We're gonna take a look at the gdx afterwards same type of setup in the gdx status saying that higher prices are coming at us right now You're at 1492 inside the gold contract if we go take a look at the gdx What you're gonna see inside the gdx is that you're gonna see that you have rejected lower price tremendously lighter volume only 18 million shares 18 million is going into 82 million. Okay, so this baby is setting up pretty cool for coming into the Fed Meeting tomorrow as well as the statement at two o'clock and the news conference at at 230 Notes and bonds bottom line the exact same way meaning the exact same setup. They've rejected lower price out here They came down hard yesterday if we go over to and take a look at the 30 year first What you're gonna see with the 30 a 30 year right now is up 14 ticks We got down a load today 150 806 you've done 193,000 contracts out here Which is still anemic contract volume. You're coming into September 13th September 13th out here, which is a 460,000 and yesterday we did 238 so it's pretty cool. You can see we even did less than yesterday today Rejected the lower price. I expect we're gonna see as higher prices are gonna come at us And the real kicker is gonna be okay. What does the Fed have to say? We know the Fed will we speculate the Fed's gonna go down our one quarter point is at the end of the deal Seems like the way the market's setting up if we go over to the S&P and look at the S&P This actually is setting up that it does want to pull back. We're at we're at highs We're on all-time highs no doubt about it, but these two little symbols up here We go back to the last time that was generated out here on the 12th of September You're gonna see the same little doji at the top where we get two little ones that are just hanging up here with a gap higher Now all's it ends up happening. We'll see how this shakes out You get a little gap lower tomorrow You get a little island top out there and that would be saying that we're gonna stay in this consolidation that we have been in For approximately almost a year now stay right there folks come back next 60 minutes trading and then after the close I got a bunch of numbers coming out