 T F N N headline news update Welcome folks. We had the Dow industrials finished up a hundred and one NASDAQ down up eight S&Ps up nine gold contract gold contract down a dollar thirty trading at twelve eighty four and ounce We had silver down six cents fourteen dollars fifty five cents an ounce light sweet crude up eighty seven cents fifty eight dollars seventy seven cents a barrel Notes and bonds. We had the ten-year note down seven ticks one twenty four thirty one thirty a bond down nine at one fifty one O five and King dollar King dollar down two hundred and eighty three ticks trading Ninety seven four forty the euro at one twelve to one US dollar the unit one on nine thirty and the pound at one twenty seven Fourteen we can only take a look at the dollar first what you're looking at is this folks What we did out here this week is that we made it to the swing high Failed on price the swing either we're talking about here was the 97 90 808 five We get over it yesterday spiked over it gave it up in spades Down lower today, and now the real question is going to be is this little King dollar going to make its way down to the 94 area 94 at the bottom of this consolidation if we go take a look at the euro which is 60% of the US dollar What you're going to see there is that that did reject lower price yesterday Trade and higher now it hasn't broken its downtrend yet If we take a look at the euro what you're going to see is that we are going to be approaching when we come back to work Next week the trend line of the this has been down since January 1st The break in that trend line is going to be that the break would be one twelve Twenty-three and right now you're at one twelve oh eight now if we break that if you want to look see the dollar going lower which I happen to want because I Think gold's going higher what you're going to see what you're going to be looking for is wide-price spread on the break and Well, the euro wouldn't have volume on but that's what you'd be looking for We go to take a look at the gold contract gold contract caught a bit out here yesterday Bottom line this Hasn't also really broken its downtrend from The 20th of February. I it's got to get a little bit higher to break that downtrend You know, you can you can make the case that yeah, you actually you know do have a break in it And we broke it a couple weeks ago, but came back underneath it Bottom line it's going to need another wide-price spread accelerated volume Have a great weekend. Have a safe weekend folks. We look forward to speaking there right back here Tuesday morning nine o'clock