 This is Tom O'Brien of TFNN. We got five days a week, we go 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, hope everyone's having a great day, safe day. Let's make it a great night, too, folks. Disconcerning the truth. The problem with making assumptions is that we believe they are the truth. We make an assumption, we misunderstand, we take it personally, then we react by sending emotional poison without word. This creates a whole big drama for nothing. Have to read that card a few more times, even though I've been reading out of these maybe about 15 years. Mockin' wise, let's take a look at it out here. We have the Dow Industries up 195, Nasdaq up 22, S&P's up 11 and a half. Gold, gold contract, trading down a buck, 40 at 1965 an ounce. We had silver down 30, up 39 cents at $23.53 an ounce. Light sweet crude, down a buck, 80. $76, 47 cents a barrel, notes and bonds. Ten year note, down 21 ticks, trading 10807, 30 year up for full point, plus six ticks, at 114, 08 and King dollar. King dollar right now trading up 355 ticks, at 104, 408. The euros at 108, the end straightener of 151, the British pound is at 124 to one US dollar. Excuse me. Our phone number's 877-927-6648. Give us a call, folks. I know it's going on in your world and the world of the S&Ps, let's take a look at them. What do you have? Well, bottom line, you have a market that wants higher price. You got an ABC structure up, confirmed ABC that is. And on the S&Ps, that's the Spira, that's 462. Now you can see what happened. You took a day on Monday, well, let's go like this. So on Friday, what you did is you took the B point out and you took it out with volume. And that gave us an ABC structure up to the 462 mark. Yesterday, the CPI comes in, comes in light, you get another sign of strength, you got a gap higher, bottom line, 449, we're 12 points away from an ABC structure up now. NDX 100, same type of setup inside of the NDX, also confirmed ABC structure on the way up. Now the NDX has always been stronger than the S&P. Right now we hit 370, 370, 387, 775 would hit thus far. The last high that was out here in the last six months ago is that 387, 80 or something, okay? No, 98, 397, 98. Now on the Qs, you're talking about a 402. So if we take a look at this, you're talking about a 402. Now this is what's cool, now watch this folks, okay? Cause this is what's gonna be really important, okay? So I have this on a weekly now, right? Today's Wednesday, okay? Now, if we took out the, we just get a little bit higher, meaning we take out the 387 to, yeah, it's gonna be the 387, 98. And if we take it out with volume, let me see this. You're gonna have a monster ABC up. So let me see this right now. So we're gonna need 382 million, you're at 150. Doesn't look like I could get it this week. So we'll see where this shakes out. We know we get an ABC structure up now to 402, but you can see this, there's a larger, there's a larger structure here, right there. That structure is pretty intense. Because if we even look at that structure, watch this. So this leg here, yeah, the last leg we had up in the Nasdaq only did a .382 retracement. So if it does take it out with volume, that's gonna be one large ABC structure up. That will blow away the highs. Pretty intense, man, there's no doubt. Now check this out. This is gonna be really cool. Now watch this. I never knew such a thing, but I wanna show you something here for a second. So here's the 10-year note, okay? So my take is that we're going higher price, lower yield. But guess what? What makes a market is that there's plenty of folks that think that interest rates have not peaked yet, okay? You can see yesterday a huge set of strength. Yesterday we did 2.5 million contracts today or 2.1. Now let me show you why we're at 2.1. You're watching Target TV. I'm gonna put this up here if you're not, if you're in the car, remember that this is archived. Well what this is, folks, is that all these trades that you see, at appetite to fade to treasury, these are all shot positions that we'll put on bottom line this morning, okay? Because, and they will block trades, and they're done, I'll go through this, but you want to see these sizes here, folks, this is thousands of contracts. At the, basically, they're giving you the numbers and what they were, a 10-year, five-year, two-year, they're doing the whole ball of wax. But check out what this is. Bond traders reload bets on higher yields after massive rally. Rate traders pulling back into the, piling back into the bets on higher US treasury yields after a huge rally on treasuries gave them a more attractive price. Wednesday's session kicked off in Asia with the flurry of large privately negotiated transactions known as block sales in the futures market, linked to the treasury bonds. Block sales and Asia session were followed by, for the short wages on the five and 10-year contracts in New York, trading as yields rose after a stack of mixed economic data at 8.30 a.m. The trades help explain Wednesday's rebound and yields following Tuesday's inflation and river rally. It's pretty cool, man, just thinking that that's how this is. Now, if I go back to this chart, okay, what this chart is saying is that you're up on volume, you're still coming back with lighter volume, higher prices are still coming at you. So another big surprise with another rally, you could have all those have to be closed again. Stay right there folks, we'll come right back.