 Okay folks Larry Pesepento with the mid-afternoon update for TFNN, well it's a red and green type day folks, the stock indices are all up, gee that's not saying much it's been 11 days in a row for the Dow Jones Industrial Leverage and face of that with those indices the way they are the last three days has been a decrease in open interest and I don't know how long it's going to take but one of these days someone's going to realize that was short covering and you better have a parachute after that because that's not new buying folks that's people covering their shorts and frustration raise your hand I haven't done it today or yesterday anyway let's take a look here at this gold market you can see we had a beautiful pattern here just perfect symmetry at the 1955 level and we bought it there we had a nice move so I put my stop at break even and it went down and took the stop out at break even and then rally ten dollars so anyway it's had two ten dollar moves today we'll look at it again tomorrow the other thing that's interesting folks is we've got the treasury bonds and treasury notes setting a really major major major I mean major support and that with the Fed coming in tomorrow is going to be very interesting I think they make their decision tomorrow around around two o'clock I'm a winter two o'clock I'm not even sure you can check that with somebody else because I don't really follow it too much I believe it's 215 yeah I believe it is 215 because that's 1115 my time so that's probably it the other one that's very interesting is we had a really strong move in crude oil almost made 80 dollars a barrel and it still might but there's some major resistance up here at that 7950 level looking at the charts that that we follow right here as far as the livestock markets that hogs and cattle are still going lower we had a nice trade on the downside and cattle this week which worked out pretty nicely and the other ones that were watching the course of the grains today they're down yesterday they were up sharply but today they've backed off a little bit but they were up so much yesterday it is due to have some type of a of a smaller correction in here and that's what we're seeing as we look at these markets here today today's guests will be Jeff huge of alpha insights tomorrow will be Paula web and Thursday will be Bill meridian of cycles research out of in Austria and then also on Friday and we're hoping with a little bit of crossing my fingers we're going to have mr. Peter a light he's on so we'll take a break here would be right back 877-927-6648