 Always remember folks whatever you think about you bring about whatever you focus on grows Hope everyone's having a great day safe day Make it a great night folks. I want to say happy birthday to all those Marines out there It's the 246th birthday of the United States Marine Corps folks. You're gonna love it man This is always a great time of year for me because my birthday is November 9th You got the Marine Corps birthday November 10th and the Veterans Day is November 11th, man They gotta love it totally You are responsible for your own happiness Happiness never comes from outside of you if you put your happiness in someone else's hands They can always take it away happiness can only come from inside of you as a result of your love Let's take a look at it out here We have the now industrials right now trading down 245 Nazak is off 289 s&p's down 42 Gold contract up $17.80 traded 1848 an ounce You get silver up 28 cents 24 all 60 cents an ounce light sweet crew down three bucks $81.16 a barrel notes and bonds We have the 10-year note right now trading down one full point plus one tick at 130 26 30 year for point and a half at 162.08 and King dollars move by King dollars It's pretty amazing that the gold is up at all with the way King dollar has Accelerated out here folks, but We'll see where this whole thing's gonna shake out because King dollar does have The candle I'm gonna bring the candle up It's a close call because it could be a lost engulfing and lost engulfing comes after a nice uptrend But it's almost like the King dollars been in a consolidation Even though it had an uptrend going all the way up to its highs right now So King dollars up 896 you're trading out at 94 845 the year is at 114 The yen is at 113.79 the British pound is at 134 to 1 US dollar iPhone numbers eight seven seven Nine two seven six six four eight. Give us a call folks one notes going on a y'all world Where I just do here that one this one here we go and the world of the s&p's let's take a look And what do you have so we didn't have volume on the s&p's yesterday on the way down We still don't have volume bottom meaning expanded volume You're down four dollars in that at 15 cents, you know, and we'll see where this baby wants to go, you know 463 if 459 is game for sure 459 455 somewhere in there The end the end the x100 is different. Okay, the end the x100 bottom line had expanded volume yesterday You're gonna have expanded volume out here today. We're already done 43 million shares It's probably gonna do 55 60 million shares and that sets up lower price The price to the place they really keep your eye on here. It's gonna be a three 382 you're at three 388 right now what 382 is that's what we broke topside That's where you have 47 million shares and what normally happens is this folks is that so picture we have volume in the nq's on the way down That being said by the time that it gets down to the 382 more than likely what you're gonna see is you're gonna see a contraction of volume at that level that's you know, if in fact, you know You're gonna get less selling but my my my take is that that's how this seems to be setting up right now and Gold gold contract bottom line the CPI came out this morning You had a month's the CPI so the CPI came out month over month folks 0.09 of 1% That is one big number folks. I mean it That is just to wrap your head around this That's 50% higher than the number that the analysts were saying that we were going to get and that's like kind of right across the board They were everyone was looking for a point 0.06 of 1% Bottom line, you know, we've been talking about this for a while inflation is out here in spades The real question is gonna be is that how much longer are they gonna keep talking about transitory? That being said as I as I said at the update. This was like so strange folks Okay, cuz I want to show you this. Okay, look at this. So There's the number. Okay, so I see this is on the 830 bar. Let's see. I got to make that small Well, anyway to make a long story short. This is what happened this morning The CPI comes out at 830 Gold didn't move like for two minutes, you know, the bottom line just sat there and then all of a sudden the first acceleration it just blew from a price point of 1823 all the way up to 1853 and it hasn't looked back. That's the real bottom line You pull back guess what, you know, they gold is always challenging folks. That's the bottom line the way that We broke this consolidation, you know the top of the consolidation is a 1639 you stay above 1639 bottom line you're getting up to this 1922 now that being said I want to show you this continuous Contracting gold because I suspect what we're really gonna get here is we're gonna get a gold around 2500 now I'm talking probably four or five months or something But you know, we'll see how this shakes out meaning the length of time And if I put this what you're gonna see I'm gonna put this on a 15 year So that you can see, you know What we're talking about here gold. Okay, the last high in gold was established out here in August of 2020 What we had is this the a to b on this is a one huge move folks. It's 1161 is your a point your b point is the high which is 2063 so you got 900 a to b you see point out here Is 1673 so we're talking about 2573 a to b equals c to d and I can tell you if that's what we have now. That's that's a one-to-one a to b equals c to d When gold gets moving gold loves doing either a one-to-one point three a two or a one-to-one point 50 move So this is gonna get really cool watching this whole thing shake out Now what I want to show you that because this is this is pretty intense. This is how You can figure out whether companies are stronger or weaker and what type of move that you can expect and What it is I'm gonna just take your the contraction expand with Fibonacci contraction expansion theory and you're gonna see that from the whole move going from 2018 down to the lows of 2020 2021 March of 2021. We only did a point three a two retracement. That is a very strong market folks That's the bottom line. We have the length of time In place you have the consolidation in place now we get the volume in place so We just may have some real fun in the next three or four months stay right there folks who come right back