 Welcome, folks. This is Tom O'Brien of TFNN. We got five days a week. We got 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, grows up everyone's having a great day, safe day. It's making a great week, folks. Let's have, make it a great month, man. Kick it into month. Cinco de Mayo coming up, man. Don't get to like it. Be impeccable with your word. Replace fear with love. The human mind is like a fertile ground where seeds are continually being planted. When you're impeccable with your word, your mind is no longer a fertile ground for the words that come from fear. Your mind is only a fertile for the words that come from love. Mug it lies! Let's take a look at it out here. We have the Dow Industries down 307, NASDAQ off 38, S&P's down 43. Go contract down, where are we? Down $50.80 at 18.60 an ounce. You got silver down 53 cents. $22.55 an ounce. Lights recrewed flat. $105.12 a barrel. Notes and bonds. The 10-year note trading down 27 ticks right now at a price point of $1.1809. 30 a bond down a full point, plus 26 at $139.04, and $Kingdala. $Kingdala's up 612 ticks trading out his... Whoops, one second, that's not Kingdala, where are you? Oh, there it is right there. Up $754 ticks trading out at $103.713. The year is at $104, the yen is at $130, and the British pound is at $124 to one U.S. dollar. Our phone number is 877-927-6648. Give us a call, folks. I want to know what's going on in your world and the world of the S&P's. Let's take a look at them. What do we have? Well, the bottom line, I'm going to bring it on a weekly right now because you've got an S&P on a weekly... Well, I don't even have to do it on a daily basis on the S&P. The S&P, what it did on Friday, bottom line, you broke the B point. You broke it with volume. You had $408, that's an confirmed ABC structure down to $394. Now, when we take this and we put this up on a weekly, and we go hunt for $394, that low there is $437. Yeah, see how this is setting up? This is setting up going to the next level down. That brings you back to February of 2021. You can see, see that little volume right there, man? What happens when, depending on how long you've been listening, when you start going down, folks, you just look down to the bottom, look for these high volume bars because it doesn't mean it will hold there, but that's your ABC structure on the way down. That's where I expect you're going to go and we'll see what kind of juice is down there. What we don't want to see happen, meaning that, you know, if you want to see market stabilize or go higher, is the building of cause. So what happens when you build cause, folks, okay, is that that's when it's building energy for lower prices. It's a real problem. Now, let's go take a look at the queues. The queues right now, they're on a weekly ABC down, which is a disaster, okay? The queues right now are trading up 44 cents. They basically blew away the B point. They blew it away with volume. That's a 281 A to B equals a C to D. We had volume out here, 510 million. You blew away whether it's the 381 or the 414. So we go take a look at 281. 281 is all the way over here going back to April of 2020. That is going to be pretty intense if that's what we go. Fast, furious, but guess what? That's where it's at. Gold, gold contracts, no better, man. Gold contracts is an ABC destruction down too. It's taking the B point out today, taking it out with volume. You got 178,000 contracts here. You're going to see that you get your A point is set up at this 2003. Your B point is down at the lows of last week, which is 1870. You had 177,000 contracts. 171,000 contracts. We're already at 178,000. That sets up 1788 contract. A to B equals the C to D. And you can see that's at the lower end of its consolidation. That'll turn into a consolidation. That's what a lot of the actual gold equities have been doing. They're going back to the bottom of their consolidation. Now, we take a look at the note and bond market. What do you have out here today? With a 10-year down 28 ticks, the 10-year did hit 3% today, folks. 3.002. Now, what's really going to be wild is that. Let's look at this thing. Okay, so that's volume of 1.5 million. Okay, so you're going into the low, but you're going into the low not with volume right now. 1.5 we're going into. That low is established at 1,1808. And that's exactly where we are right now. So we'll see. If you close out here, and it's not going to be great. That meaning the bond market. Because you close out here, that's saying, hey, guess what? You're still going south. You haven't basically tested that number, and that's a problem. S&Ps, as we're talking right here, they rejected. They're only down 24 right now. This is pretty cool. They were down 70. And you can see that when it ended up happening, folks, is that the last thrust down today, it was quite a thrust, man. I mean, this thing went down into the price point of 4,056. And bottom line, you bounced off it pretty quick. Now, when you bounce off something like this, it's going to be 4,000. See this when you come down here? Now, watch this. If you're watching Tiger TV, 4,098 is going to be the number to keep your eye on. Now, we just got to get into it. We're at 4109. These two bars are the bars they got to get into. And when I say that, I mean specifically, you not only got to get into that bar, you need volume into that bar. Because what will end up happening is that if we don't have the 10-minute volume into that bar, it will just give it up. And right now, we'll see how this shakes out. But right now, what is happening is that the number doesn't look to me like you're going to have it. We have plenty of time now. We have six more minutes left to see how this operates in this bar. If at the end of this 10-minute bar, if this thing closes under this 4,098, oh man, get out of the way, because all that means is it's going to go right back downtown. And this is the danger part of when you take legs down. Because what ends up happening is you take a leg down, and if it wants lower price, you'll go sideways. You go up and down, go sideways. That's building cause for lower price. You get the energy going again. Guess what? Go south again. Dow Industries right now, down 143. NASDAQ is up 46. S&Ps down 18. Stay right there, folks. Come right back.