 Good morning everyone, Thursday the 2nd of February and we're looking at the Dow down 196 at 33,893. What a day yesterday. Look at that candle, look at that long legged doji candle, 300 over 300 points down, then over 300 points plus, that's 600 points to the upside from the low, actually more, it's over 700 points and then the Dow because of Amgen couple, just the one or two other stocks just came tumbling down, but look what happened here, this is what we've been talking about that the Dow looked as if it was stalling for the past two, three weeks and what I'd said is that it's important that the other indices take over and what did we have, we had the S&P spiraling higher, spiked up again today, it's up 25 at 4,144, look what it does to that monthly chart, leg B, finally we're getting leg B in the monthly chart, this is a gray B because you had that final higher at 48.18.62 before the bear market began and that was a peak B, no matter how I noted it in the Chevron methodology, there's a leg D finally in the weekly chart and here's this leg G-Stash C in the daily chart, somewhat overboard based on the unbalanced volume, look at the QQQ, finally did a huge catch up yesterday and today, running from the 290 level to 309.15 in today, today so far, up 307.41, up to today alone, here again G-Stash C and very often we've seen G-Stash C means that you could pull back and then have a little nominal pup to the upside for your leg D, this is exactly what we're seeing here, if you're looking at the gold, I'll get back to the IWM in a moment, I'll do it right now, IWM, IWM is a leg E to the upside, fabulous move to the brink of that breakout in the weekly, that's really good, now we can have a little bit of a stalling action, we'll see what happens in the near term, but look at the gold, gold had a huge move up from the low that was made three days ago in the 1916 area, spiked to today's hour of 1975 and it's now got there, G-Stash C goes to 18, so we've got to be a bit careful in gold, looking at the dollar attempting to find some kind of a base with a lower load today, absolutely takes 101.31, I'll be back with a tiger take this bizarre on a few moments of time, check out my open gold 80 newsletter, hope to see you great programming here at TFNN all day, see you in a few.