 news update. Welcome folks we're the Dow Industries right now trading down fifty three Nasdaq's up thirty four S&P's are up to gold gold contract flat seventeen eighty six an ounce we have silver up four cents twenty three dollars forty eight cents an ounce light sweet crude flat seventy eight dollars twenty seven cents a barrel notes and bonds the ten years up to ticks one twenty nine twenty seven thirty years up twenty one ticks at one sixty oh one a king dollar. King dollar once at ninety seven mark where it up three sixty seven right now at ninety six eight fifty seven euros one twelve the yen's one fifteen and a half and the British pound is one thirty three to one U. S. dollar. Well you know when we take a look at the S&P what you have out here folks you get a sideways move this is a holiday trading extraordinaire so what we did yesterday and on the S&P is that you reject lower price the spy rejected lower price at this four sixty four today you're going up with light volume what I expect we're going to see on Friday they want to run this market we're going to get a test of the highs more than likely on Friday we'll see where that shakes up at the high inside the S&P is four seventy three Fridays a half a day and you can expect the volatility to continue we take a look at the NASDAQ composite would you have with the composite is this now this is going to get really interesting with the composite this is why the composite came down with volume that being said you just tested the low today with lighter volume that basically sets up guess what you go right back to the highs again man so we're going up there you know this the low yesterday was three ninety two ninety two inside of the IQs three ninety two fifty four is the low today you're going to have light of volume right now we're doing thirty eight million we did seventy million yesterday that sets up a test of the highs again which is four hundred point seven one you'll love these markets man Friday trust me be really careful inside this marketplace this marketplace will go up down and all around when it ends my take is that we're going to be ending higher we take a look at the gold contract gold contract right now is flat we got down to seventeen eighty which we needed in gold gold got under its low finally has much lighter volume and that's what we need to we are going from contract to contract but the bottom line when you tie them together you still get light of volume so we made it to seven eighty you're at seven eighty six now the bottom line is going to what are you going to do for me that's the real bottom line and if we go over to the dollar the dollar bottom line strong it's the one of the strongest currencies out here right now hit ninety six nine thirty eight ninety seven is game out here stay right there folks come right back