 T F N N headline news update Welcome folks. We have the Dow industrial straightened up 50 points. You get the NASDAQ of 84 SMPs up nine and a half gold gold contract at $12.30 straight in at 1776 an ounce We have silver up by 34 cents $22.55 an ounce light sweet crude Up 27 cents $70.56 a barrel notes and bonds the 10 year down three ticks 133.06 30 year off five at 163 23 and King dollar King dollars down 79 ticks trade 93 197 euro one to 17 yen one or 9.23 in the British pound 136 to one that you s dollar Bottom line we go take a look at the spy and you get a weak market You know you get little bounce going here You get volumes contracting and we take a look at the spy the spy yesterday traded down a price point of 430 428 Right now. We got up to a high today of 437 91 You're at 435 54 and if you close there, it's like, okay Can't even get over the highs of yesterday you do already have the contraction of volume My take is that we're gonna end up doing here folks are setting up an ABC structure on the way down That's how these mostly shake out You know the bottom line if you take this trend line and put it up They you had a decisive break with volume and that's saying this market wants to go a lot lower We take a look at the end DX 100 and DX 100 is it set up the exact same way if we take a look at the three queues here Would you have with the three queues three queues right now is traded at a price point of 367 81 and that didn't get over the hive yesterday Broke that trend line broke it with volume you get the Fed meeting today We're gonna have what they have to say tomorrow. I to me. It's gonna be status quo That's the real bottom line that you know and status quo Shouldn't shake up the market that much but the bottom line is that this is a market that wants lower price The thing that's pretty amazing and but it goes together with the market want lower prices if you take a look at this note and bond market Bottom line is that it will not back off, you know, you get yesterday. You had high wood volume You get 1.1 million contracts out here today and what you're doing you doing a sideways move But that's still building cause to get up into these highs right now The 10 year what we're doing with the 10 year 10 year right now is yielding 1.32% stay right there folks come right back