 headline news update. Welcome folks we have the Dow Industrial trading up about 530 Nasdaq is up 251 S&Ps are up 74 gold contract up $5.50 trading at 1800 you get the silver contract up 44 cents $23.60 civil is going to try to start catching up with gold it's going to get kind of intriguing here watching his baby shake out oil another bid on oil up a buck eighty one dollars forty one cents a barrel notes and bonds the tenure note right now trading up eight ticks at one thirty one fifteen the thirty year is up fifteen a half a point at one sixty oh four and King dollar King dollars down a hundred and twenty two ticks trading out at ninety three nine fifty eight Euro would one fifteen yen is out here at one thirteen and a point six six and the British pounds at one thirty six to one US dollar it's going to be interesting to see what kind of a close we have here the reason being folks is this year out of Thursday coming into a Friday you get a big pop out here today counter trend bounce that's my take on it you got a big contraction of volume that being said what you do have happening is that you're holding price so we're coming into the downdraft that was created out here going all the way back to the 17th of September you know you come down there with a hundred and eighteen million shares in the spy we're doing forty four million you're coming down to where we failed last week that is seventy two million you get forty four the real kicker here is that if you hold if the spy holds price at this four forty one sixty eight and right now you're eighty cents over it that's saying that you can get game all the way up to the four forty four mark and the X one hundred is set up the exact same way would you have at the end the X straight line move up today you're coming into the downdraft not a downdraft was created with seventy six million you're doing thirty two your little swing point out here has thirty nine so we're going to do more than that we're over that point right now which is three six five point six oh so come into the close that's the number you want to watch and we'll see bottom line is that if you had any type of sell off if you don't get any type of sell off bottom line you will end up going higher tomorrow gold gold contract finishes at smaller ABC structure in the way up that was a seventeen ninety five price projection word eighteen oh one right now bottom line eighteen thirty five of his game eighteen thirty nine his game you know bottom line higher price inside those metals market stay right there folks come right back recap out here we have the dow industrials trading up five twenty eight NASDAQ is up two forty eight S&P's up seventy two come right back.