 Welcome, folks. This is Tom O'Brien of TFNN. We have five days a week. We go seven hours a day. We go 24 hours a day in the Internet. HotTFNN.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, had a great July 4th, and let's kick into July in a big way. Let's take a look at one of our four agreements here. Let's see what we got up here. Okay. Love is what makes you happy, and if you become a servant of love and your partner becomes a servant of love, the day will come when each of you can... each of you... and the day will come when you can be with each other with no guilt, no blame, no anger, and no sadness. Mockin' wise! Let's take a look at it out here. We have the Dow Industries right now trading down 241. NASDAQ's up 150. S&P's down 6. Gold contract trading down $34.1766. Silver's up 48 cents. $19.18 amounts. Light sweet crude. Down $9.13 at $99.30. Notes and bonds. A 10-year note. Up 18 ticks. Trading $119.26. The 30-year up a full point. Plus 19 ticks at $140.30. And King Dolly. Ready for this one, folks? Okay. Where are you, King Dolly? I think it's trying to hide on me, folks, because you talk about an expansion. King Dolly. Up $1358 ticks. $106.496. Euro is at $119. Yens at $135.76. And the British pound is at $119 to $1.00 US. Our phone number is 877-927-6648. Give us a call, folks. Want to 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, bottom line. You've got an S&P that got down today to a price point of $372.00. You reject lower price. You are going to have lighter volume. So we'll see where this can bounce to. It would have been a lot better if it actually hit the $372.56. The $372.56, folks, is the low that was established out here last Thursday. We'll see if they can get any juice. We'll get a contraction of volume tomorrow, so this is just a consolidation at lows. We're going to take a look at the NDX100. Now, the NDX bottom line does lead you down, does lead you up all the above. That was the first one. This caught a bit out here, man. There's no doubt. You get the NDX. They rejected $276.00. You're up 10 points from them. You're at $286.00. You're only up four points for the day. But the bottom line, that is saying that this thing is going to basically get into the last swing. And the last swing up here was $296.00. Now, the same is applicable on this, however, meaning that what you have here is that you didn't come down on Thursday. You didn't retest that area. We take this and we put this on. Let me see what this looks like on a weekly. Yeah, on a weekly. Yeah, this is still just a bounce. On a weekly, you get too many high volume lows that bottom line, you know, and you get the ABC structures on the way down. Gold. Well, yeah, let's go to the gold contract because the bottom line, we were talking about this last week, and you know, the bottom line is that the thing that was intriguing. Okay, so if you're in front of a machine this morning, what you had out here is that the dollar had already moved, and gold was only down $3.00. And I'm saying to myself, this ain't going to fly, man. It's just, you know, you're not going to see the dollar up a thousand ticks. You know, listen, it could have happened. There's no doubt. Bottom line, gold's down. It's down with big volume. And I suspect we probably, let me put the GLD here. We probably have an ABC down. Let's put this GLD up. Okay, so let's see what this is busting. Put this on a weekly. Okay, so, well, let's move down 157. You're at 164. Yeah, low price is coming at us, man. I mean, big time. Now, let's go to King Dollar. We'll take a look at King Dollar. And you see King Dollar, folks, the bottom line, this 121 is game. And it's game in spades. I mean, this thing just took apart the swing point like a piece of butter. You know, 105, 788 is the swing. And when you do take a look at this, you know, at the end of the month, it closed over it. It closed over those free tops. And that's saying that, you know, the next swing is 121. So, 121 is coming at us. And the thing that's amazing is that, so picture this. Ugh, don't, okay. The 121, folks, that's when I started the Gold Report. And that was in 2001. Is that crazy? We're 2022. And of course, you know, bottom, this is a clean break, man. This is a clean break. You're down-draft. The bottom of that down-draft is 108, going all the way back to 2002. So my take is that's where we're going, man. We're going up there. And of course, that is going to take all asset values that are priced in dollars to lower price. That's what it comes down to. The correlation is pretty direct. And what you're going to see out here, oil is an ABC structure down. You got your eight point is 120. Well, almost 121. Your B's, that's about 20. A to B, which is going to get you 94. And right now you're at 99. More than likely, the major swing is down here at 91. I suspect it's going to go to 91. We take a look at this. Let me just look at this for a second. So if I take this, that'd be even heavier than that. One second. Take this. Yeah, this is a problem, man. What is this? Holy cow. So we broke with conviction, man. That's the bottom line. You broke with conviction. So the bottom of this is 92 bucks, man. You break 92 and we're going to go a lot lower. That's how it's shaken up. Some of the higher volume equities out here today, we have advanced micro is up 94 cents. You got Carnival up 44. Amazon's up 374. Nvidia's up 374. These aren't big numbers, by the way, for being down. This is what... Well, here, let me go through the rest of these first. You got Occidental down two bucks. Let's see. Freeport Mac runs down another $1.75. You got Micron up $2. We got Tesla up $12. And let's get over... Let me get to Freeport Mac Moran. Let's take a look at this. Okay, so FCX. So copper really stuck it in the hit before the rest of these commodities, folks. And... Okay, so this is six months down from 51 to 27. If you put this on a monthly, it's in tough shape, that's for sure. It was a one-way route all the way up, and now it's all the way back. So the longer this thing stays under $29.97, the more that, okay, it can get back to this $20 level. It's pretty intense, man. 877-927-6648, you stay right there, folks. You got our man, Mr. Basil Chapman coming back with us. He's going to be growling and prowling with us. We have the Dow. The show's right now down to $219. That is the XF-146. S&Ps are off four and a half. We'll come right back, folks.