 Welcome folks, this is Tom O'Brien of TFNN. We have 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 growths, hope everybody's having a great day, safe day, let's make it a great night folks. To master love, you have to practice love. The added relationship is a whole mastery and the only way to reach mastery is with practice. To master relationship is therefore about action, not about attaining knowledge. Knock it wise, let's take a look at it out here. We have the Dow Industrial's Dow in 92, Nasikov 108, S&P's Dow in 19, Gold contract down $7.50, trade at 17.82 an ounce. We had Silver down 25 cents, $19.94 an ounce, LightSuite crude up a buck 26, $87.79 a barrel, notes and bonds. The 10-year note, down 18 ticks, trade in 18.26, the 30 year off 29 at 1.4010 in Kingdala. Kingdala right now is trading up 42 ticks, 106, 542. Euro is at 101, yen is at 135 and the British pound is at 120 to one US dollar. My phone number's 877-927-6648, give us a call folks, one note'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, we had the Fed minutes come out, the way that shook out folks, the bottom line is that, the market actually, here, let me show you what this did, because it's pretty cool what it did actually. So if we pull up the E-mini, what you're gonna see here, we did a 0.618, well, I'm trading the NQs, but I believe the E-mini probably did the same, let's look at it. So we did a 0.618 retracement in the NQs. Okay, so the E-mini did higher than that and that would make sense because the E-mini's, the S&P's stronger than a NASDAQ. Let me bring up the NQs, I'll bring up the NQs here and you're gonna see from the spike high yesterday to where we went was right at 0.618, pretty cool. Now, so let's go back to the spy again, because I wanna show you what we're looking at here, what I'm looking at specifically. This is where, it was a question that then about where I'm thinking this market's going. So my take is this, that we're gonna go, like right now too, I'm talking about later next week before we get to higher highs, that, see this gap that's open, the gap that's open, my take is we're gonna get that filled. Now, depending on how, if I'm correct, and depending on what type of volume we have coming down to it, if we start coming down with volume, what would probably happen is you're gonna go back to the breakout area of July 7th, July 27th. Now watch what this is also, because this is cool. So then we take that and you take the full run. If you take the full run, what you're gonna see is that the 27th of July is a 50% move of the move. So we'll see how it shakes out. For the first one, the gap, you know, the gap's the gap, that's the bottom line. That'll almost be too easy though, on a pullback, you know. So it's like, okay, to get things real nervous with the market, loves to do, that number right there is probably in game, but we'll see how it shakes out, man. NDX 100, same type of setup. What we got with the NDX is gonna be interesting to see what kind of volume we get here today and where this thing ends up. We're gonna have higher volume. So yesterday we made a high in the queues of 41 million, you're already at 36, so we're gonna do about 56 and we'll see where price goes. You heard me at the beginning, my take is we're going right back downtown. And specifically, one of the reasons was that we got back inside the strength too quick. You know, you had that big bar and the market had every chance to really run in a big way and it just couldn't handle it, man. Go right back inside the bar. So we'll see how it shakes out. The dollar, man, this is still a toss up on the dollar, you know, it's waffleing again. You can see, you know, this benchmark here is an important benchmark and it's almost like, okay, you know, most times with benchmarks out folks is where the most amount of buy in has taken place. But this looks to me the same way, but it's, you know, and the currency market, man, there's just months to people in the currency market in banks and everyone else, okay. So this is the number you wanna keep your eye on. You can see, you know, three weeks ago, we straddled that number for what, two and a half weeks and we broke it, went back above it, broke it with conviction. And, you know, that's having a tough time staying in there. Notes and bonds, we go to the note and bond market. We take a look at the note and bond market out here. Now this morning, this is gonna be interesting, yeah, it's still light volume, man, you're pulling back with light volume. You're pulling back, you did 100 and, I mean, 1.1 million contracts, you are pulling into, there's your strength, man, you're pulling into 1.8 and 1.7. So the bond market right there and right there, the bond market doesn't have a lot of sellers. If we take a look at the rate structure in the 10 right now, the rate structure is 2.88, that's getting up there, man. That's definitely getting up there. Let's go take a look at the GDX for a couple of targets out here. The low for the GDX out here, let's take a look. Let's fill in the gap. Yeah, I just filled the gap, but we went by the gap. The low's 25, the high is, no, no, one second. The low's 24, the high is 41. And we take a look at this, let's already buy the gap. The gap was 26.30, you're 25.81. You got an expansion of volume. The swing's 25.29. Yeah, this can get right down to, this can get to 25, that's 25.67. It looks like the 25.42. Yeah, 25.42, 25.67, somewhere in there. Well, what I don't like here is that, you see the expansion in volume? The bottom line, that's expanding in volume right now. Let's go take a look at Newmont and Barrick, because Newmont and Barrick are the biggest, two biggest, yeah, Newmont has no traction. The good thing with Newmont now, okay, is that you don't have no traction, but you're going at something that's such a monster, I don't see it breaking it. And then we take a look at Barrick Gold. That's the second largest weighting structure inside the GDX. That's in pretty good shape actually. See, you get an expansion of volume there, but see how there's no movement in price? That's actually pretty good looking. Stay right there folks, come right back.