 headline news update welcome folks we have the now industrial side trading up one eighty nasa gets down one thirty eight s&p's flat gold gold contract down eight dollars ten cents trading at eight at seventeen eighty eight an ounce we have silver down seventy two cents twenty three dollars fifty seven cents an ounce light sweet crude this is kind of intuitive this is pretty cool folks light sweet crude up about ninety seventy eight dollars sixty six cents and that's with the U.S. and about five other countries going to release lots of oil but guess what that demand has to be there man because that oil contract wants higher price notes and bonds a ten year note right now down seventy six trade in one twenty nine twenty five the thirty year up one full point at one fifty nine eleven and king dollar king dollars down sixty six six trade in ninety six four eighty two euro is at one twelve the end is at one fifteen and the British pound is trading at one thirty three to one U.S. dollar we get open we take a look at the markets out here you take a look at the spy first what you have out here you get a sideways moving the spy you rejected lower price at four sixty four you're at four sixty seven you've done forty nine million shares yesterday we hit a high with let's see what we did here hit a high with seventy three now when you hit a high with seventy three million folks okay that and you give it up on price most times you go right back top side so my take is we're going to go top side and test that level once again now the net the NBX you've got to check this out man because this is pretty cool so the NBX right now we got down it went to a higher high yesterday you got in sixteen thousand seven sixty four low today is at sixteen thousand one twenty one this little baby is a different animal that this little baby we'll see whether we get another a down day out here tomorrow and if you get another down day and the NBX with the same amount of space what you set up you just set up a nice candlestick charting pat and most times that patent that is set does retest also which is just a total mind blow but that patent itself is really bearish in a monster way it's very hard to set them up that's the real bottom line gold gold contract they got gold down into the swing well hasn't hit the swing point yet like this you know we get down to seventeen eighty four you're only seven dollars off of that level right now the swing is the top of the swing is seventeen ninety ninety one which you're into the bottom is seventeen sixty six say right there folks come right back