 Welcome folks. This is Tom O'Brien, a TFNN. We have five days a week. We have 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 growth. Hope everyone's having a great day, safe day. We're kicking into May. You got the Fed tomorrow. We got action, You are only responsible for your half of a relationship. There are two halves in every relationship, but you're only responsible for your half of the relationship. It's not up to you to control the other half, respect the other half, and there's always going to be peace in that relationship. Mugget-wise, let's take a look at it out here. We have the Dow Industries up 176, NASDAQ's up 70, S&Ps are up 34, Gold Contract up $5.20, trading at $18.68 an ounce, with Silver up 2 cents, $22.61 an ounce, Lights Recruit off $2.21, $102.96 a barrel, notes and bonds. The 10-year note, up 26 ticks, trading $139.29, the 30-year up 80, up 80, oh my God, the 30-year up 26 ticks, at $139.29, and King Dollar. King Dollar's trading down $292, $103.452, yours at $105, the ends at $130 and the British Pounds at $124 to $1 US. Our phone number is 877-927-6648. Give us a call, folks. One note's going on in your world. In the world of the S&Ps, let's take a look at them. What do you have? Okay, so we're going to take a look at the spy. Well, first off, the spies, and an ABC structure down. You've got a price projection of about $394. You broke the B point. You broke it with volume. Come lower yesterday. What are you doing today? You're bouncing today. You're up $3.38 and you get 74 million shares traded. You're coming into like 145 million shares, 122 million shares, 103 million shares and 119 million shares. So bottom line, you can see how this works out. You get higher price. You don't have enough demand. That's an indication that you're building cars for lower price. We're going to take a look at the NDX100. The three Qs, the same type of setup. The three Qs are an ABC structure on the way down. What a, oh, actually, I'm sorry, folks, let me go back to the spy. That'd be shocking. The spy is an ABC structure down to $394 17. The Qs are the ones that is an ABC structure down to the 281 area. So we take a look at the Qs. We'd help with the Qs. You're up 64 million shares up. You're up a buck, 20. Bottom line. This is going into 99 million shares, 108 million shares. You made a low yesterday of 115 million shares. Gold. Gold contract is on an ABC structure down to 1788 and bottom line, same type of setup. What you have out here, you've got a rejection today. You've got 157,000 contracts. Now, what you do have in the, not only the gold market, but the, I'm second sorry about that, folks. There it is. Not only in the metals, you also have this in the equities. And what it is, is this. The metal itself has an ABC structure down. That being said, bottom line, what you're also doing is that you are coming back to where gold broke top side in February. So the real question is going to be what's going to win out here. Because as you look as to where it broke out from, this did come down with light of volume. But the bottom line is that I'd go with the ABC first until you get a real rejection of lower price. And assign a strength. And then of course you're going to go over to the U.S. dollar. We take a look at the U.S. dollar out here. What you have with the dollar, that is teetering at highs. This thing is very close to really, I suspect we're going to find out tomorrow. I mean, it's going to be in the language. It's not going to be what they actually just did. It's going to be in the language of what they're continuing to thinking of doing. Because what you have here, you can see this 103, 820. You break that, you're going to 121. And 121, just to give you an idea, I'm going to put it at 121 because that is when I started the gold report. And that goes all the way back to 2000 and 2002. The high there was 121.02. And that was in July of 2001. So it's amazing, folks. It's amazing that gold basically is still up at these prices when this dollar has been that strong. So we'll see where the whole thing shakes out. Notes and bonds. We're going to take a look at the note and bond market, the 10-year note right now. That is up four ticks. And the thing that has been amazing about the note and bond market, your lower price, higher yield, is that the bond market did not care about how fast the market was going down. Normally, you get an action that when you see prices that go that fast, the bottom line is they commit and buy bonds. Well, they didn't buy bonds. That's the real bottom line. We're going to take a look at the one second here. We had a question about the, I went over about the weeklies. Okay, Tom, can you look at the S&P and Qs on the weeklies using the time and the trade? It doesn't matter. Well, let's take a look at the weeklies. What you're going to see at the weeklies. And I think, well, let's just take a look at it first. So we take the Qs up first. We put these on a weekly. And what you're going to see here, you say the same setup. It's an ABC down in the weekly too. You broke the B point. You broke it with volume. You got a big ABC structure on the way down. You take a look at the spy. In fact, the numbers I gave you are the weeklies on the, that's what they are. They broke the weeklies. They broke them with volume and that's saying lower price is coming at us. Take a look at the spy, same type of setup. You needed more than $593 and you ended up with $597 on the spy. On the NDX, the three Qs, the three Qs were actually bigger than that, but the bottom line is that we had the volume. We broke the B. We broke it with volume. We take a look at the Qs once again. And on the Qs, what you have is that we had $510 million, which is breaking 414, which is breaking 301. These are monster ABC structures down. 281. And 281 is down at the next level. That's where this baby looks like it's going. 281, we'll get you back to the, what's that, August of 2020. That's how this baby's set up right now. Phone numbers 877-927-6648. Give us a call, folks. I want to know what's going on in your world. DAO Industries right now trading up 167 NAS, except 65, S&P's up 32. We'll come right back.