 Welcome folks. This is Tom O'Brien of TFNN. We have five days a week. We go 10 hours a day We go 24 hours a day in 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. Make it a great night folks Let's take a look at one of our four agreements create the perfect relationship between you and your body Treat your body with all love on a gratitude respect when you make it a goal to do yourself You do your own body accept yourself completely. You'll only have the perfect relationship with anyone else you are with Let's take a look at it out here We have the now industrials flat Nasdaq down 44 S&Ps of six gold up $2 and 40 cents trading at 14 90 an ounce We had silver down six cents straight and it's $17 53 cents an ounce light sweet crude up 85 cents $54 16 cents a barrel notes and bonds a 10-year note right now up six ticks 129 26 30 year up 20 at 160 oh two and both notes and bonds folks last two days anemic volume They both both days they got to a lower low have rejected that low They're going into their spike low and I suspect these things are going to take off like a rocket ship going up to their highs It's very unusual when you see the 10-year folks two days in a row doing less than 1 million contracts and that's what we have Dollar dollar index up to 244 traded at 97 572 the year is at 111 The yen is trading at 108 and a half and the pound is at 128 to 1 us dollar iPhone number is 877 9 to 7 6 6 4 8 give us a call folks One know what'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, what do you have out here? Let's go I'm gonna go look at the futures first because what you had out here is that the the futures We're trying to test out their highs from the swarming and right from the get-go. They had a hard time doing that. Yeah, so at Let's see 10 10 minutes of 10 last night you had you had hit 3014 14 and we got up to this 30 3014 and then guess what just couldn't handle it You do you broke the swing? We just broke the swing 20 minutes ago the swing We're talking about is that the 3,000 mark we're still trading 3,000 the setup here Okay, you get two different setups the first setup will get you down to 2994 and we hit we just hit 2997 I suspect before we're all gonna be 2994 now if we get some volume at 2994 That's gonna put game on of going all the way back to last Friday, which is the 2985 so it's gonna be kind of intriguing the nq's they they did test the highs this morning and Bottom line they were showing right off the bat that they couldn't hold price So the so the the high from last night was that one one nq and qz nine Excuse me folks nqz nine So the the nq's there we go. Okay There we go. So the high from last night on the nq's had been 79 79 it spiked that high at 20 minutes to 10 this morning and right off the bat. Guess what couldn't handle it That was a huge heads up because the bottom line is that the india x100 can bring things higher very quickly and bring things lower Very quickly and that's exactly how this baby played out inside the marketplace So we know we went from that price point of 79 88 and we just give up 90 points We're down 45 right now You can see that this is going after the lows that were generated at 10 o'clock yesterday morning Bottom line is that was game down here. Let's see Well, we almost hit it. We hit 78 92 78 75 is game Yeah, that's definitely game the notes and bonds you're talking about this is this is pretty wild so You know what we have out here inside the note and bond market is that the 10-year note right now has done 922,000 contracts That baby, you know yesterday you got to a low low. We did 927,000 contracts You're coming into the downdraft from the 13th of September where we had 2.4 million It keeps rejecting lower price. This is this is telling me man This thing wants to go high in a heartbeat. So we'll see how this baby is going to shake out But the 30 year is the same setup and the 30 year looks like it's going to be the first one that you're going to get A total rejection of and a total rejection would be a close of 1607 and the 160 7 is coming into the same time frame the 30 years done 204,000 contracts bottom line you're coming into 552,000 contracts. It's a monster number folks. It's just a huge number oil Let's go take a look at the oil market out here what we have with the oil market right now Oil is trading up 58 cents 85 cents actually we're $54 and 16 cents We'll get those API numbers out of 430 this afternoon You get sideways movement. It's laying near the bottom. You get light volume out here real light volume actually 23,000 contracts and let me just make sure a CLX that this is the active contract. I believe it's still the active contract It is that's still the active contract So oil has nowhere to go but the downtown folks That's how that baby is shaking out some of the higher volume equities and I have in fact see if you look inside the NDX This is going to be really interesting because even though the NDX is the weakest end to see here. You're going to see Just how this thing is set up and it's pretty intense actually so Biogen folks is up 28% that's up $63. You got pace car 3.8% vertex pharmaceuticals up three and you get Kraft Heinz up 2.7 that being said the equities that are down inside the NDX Okay overwhelming them in a huge way you get Hasbro down 16 and a half percent Liberty's down 6% You got cadence design down 5% Now if I put and I take all the Nasdaq stocks up and we take a look at where they're shaking out you're going to see that Yeah, so that the ones that are down you get intuitive surgical That's down 25. You got CMG down 25 Hasbro is down 19. The Amazon's down 19 travels is down 11 Mastercodes down 11 you get some monster numbers out here on the way down folks Okay, that is taking that baby self if we take a look at this on the daily as well as the We don't need the weekly right now what you're going to see in the side of the daily is that and this is hard to do You basically got over the highs of the last two days It couldn't get to the high of last Thursday and you're giving it up in spades So what you're gonna have here is this you can have an equity market that tried to get up to as high Couldn't handle price sold off lighter volume. What is that set up that sets up lower prices coming at us? And we have we know we have between Nasdaq and the Dow and the S&P rather a Slew of earnings coming out the next couple days. So these earnings are gonna push this market all over the place So right there folks come right back You