 headline news update welcome folks we are the Dow industrial start trading up 919 Nasdaq's up 250 S&Ps up 101 that's a gain inside the Nasdaq folks of 2.4% 2.5 in the S&Ps and 3.1 in the Dow industrial and if we go from the lows to the highs just double them all that's the bottom line you rejected lower price you got a market that wants higher price notes notes and bonds it's saying the same thing yet the 10-year note down 16 ticks trading 111 flat the 30 year off 20 at 124 16 they both tested their lows they blew out their lows actually they rejected them and you're gonna have about the 700,000 less volume inside the 10 so this thing wants to bounce King dollar same set up King dollar gave it up on price down 917 ticks 112 404 yours 97 yen is at a price point of 147 and the British pound is out here at 113 to 1 US dollar well you know we're gonna take a look at the S&P folks bottom line is that you get down a price point inside the spy today of 348 and it's in Sia don't want to be a and you know what's going on here you're gonna be inside the range so at the benchmark that we've been talking about you're gonna be inside the range I was 362 in the spy you're 366 so this bounces on and the X100 same type of setup that's just making it inside the range but the bottom line looks like it's gonna make it and when you get one day one does that make it like this coming off the bottom you're gonna get follow-through out here the the range there is 269 28 or 269 01 right now bottom line I expect both of them you know this bounces on folks that's the bottom line we take a look at the and the X100 I'm not yet the dollar rather it was having a hard time this morning was really intriguing on the CPI came out it still couldn't get traction and that was kind of a hint that amen you know why can't you go blow away those highs well guess what it went just the opposite way and I suspect between the bonds and the dollar you're gonna get basically a real relief rally here two three weeks we'll see how this shakes out we're gonna get a much better idea when we see whether it's tomorrow Monday or Tuesday of how this is actually going forward yeah that's how this baby is shaking out right now we go take a look at the oil market we have what oh there is we have an oil out here oils up a buck 82 and so that rejected lower price stay right there folks come right back