 Welcome, folks. This is Tom O'Brien of TFNN. We go five days a week. We go seven hours a day. We go 24 hours a day in the Internet at tfnn.com. Always remember, folks, whatever you think about, you bring about whatever you focus on. Gross. Hope everyone's having a great day. Safe day. It's a TGIF, folks. It's making a great weekend. Always do your best. Take action on your ideas. Doing your best to me, take action on your ideas. You can have many great ideas in your head, but without action upon an idea, there'd be no manifestation, no results, and no reward. I love this card. Knock it wise. Let's take a look at it out here. We have the Dow Industries down 132. NASDAQ off 28. S&P's off 20. Gold contract up $8.00, trading at $19.76 an ounce. We have the Silver Market Flat, $23.70 an ounce. Light Sweet Crew up $1.82.61. Notes and Bonds. A 10-year note. Up 28 ticks, trading $1.1104. The 30-year up a full point. Plus 21 ticks at $122 flat. And King Dollar. King Dollar down 514 ticks, trading $102.028. Euro 110. Yen 141. British Pound 127 to $1 at U.S. Dollar. Our phone number is 877-927-6648. Give us a call, folks. I know what's going on in your world. In the world of the S&P's, let's take a look at them. What do you have? Well, you get a confirmed ABC structure on the way down, folks. The market gave it up in spades in the middle of the day. Well, first, let me show you this. I'll show you. We do price and volume first. This is going to be a trip because this is about as clean as you could get today how the market traded. So check this out. I get the futures up first, right? So what you're going to see here is that the downdraft that happened at 10 o'clock, right? Let me put this here so you can see this. That was a high volume downdraft. That was the biggest down volume we had, 81,000 contracts, OK? It came down 81,000 contracts, came down fast and furious, then came all the way back up, OK? Now, watch what it has actually done, though. All it's doing, and this is where if you pay attention to where this volume is, you're going to basically have an edge. And what it did, it came right to where this is crazy how this set up today, for sure. There you go. It came right to where we had come down on Thursday. No, Wednesday, right there. And you know, I was just saying to Jacob, and he always said, I've always, you know, wondered, like, it's the same person selling the other just because they fired away, man, but you can see what happened. We had a high volume on the way down, bottom line. That bar there had 92,000 contracts, and we were up there with 16,000, and then it just let loose. And then, of course, it just blew everything away. Now, we get an ABC down. If we take a look at the spy, what you're going to see here was that we passed the B point. We get volume on the pass. We were talking about the aspect that, you know, you have some, at 440, you know, you have some support. Well, you can see we're taking out the 447-37. You needed 64 million shares. We're already at 66. So it's 11.8 B. And I'm not taking it from the very top. I'm just being conservative and taking it from Mondays. ABC down. So that's how this baby's set up right now. Let me see if the cues got down there yet. So the cues, they're not there yet, but they're going after it, man. It's not going to be far. So 371.77. We've hit 372.07 thus far, and now you're trading at 372.66. If we hit it, it's going to be an ABC down, because it's going to have the volume. We're looking for 47 million. It's already done 46. Gold. We go to the gold contract. We take a look at the gold contract out here. What do you have with the gold contract? Gold contracts trading up $8.10. Gold did reject price. Thank God. 149,000 contracts. So this is good. This is good news, man. It didn't get to the bottom of the range. You do have a lighter volume. Let's go look at the GLD, because you'll get more out of the GLD, because the volume's in the GLD. Oh, that's weird. No, I see what happened. Yeah, the GLD just popped. That could light the volume again. So that's not good. No, that's not good. GLD's not good. The notes and bonds. Now, this is really intriguing, the note and bond market, because they both saved themselves. It's almost like, you know, if I didn't know better, who knows? It's almost like the Fed came in and said, okay, we can't let this blow out these bottoms, because we were at the bottom of the, both 10 and the 30 had blown out its bottom, folks, okay? The 10 had done it today, and when I say blow out its bottom, it's a 11025, 1105. We went to 10924 today, and it said, see ya. Don't want to be around the 10. We go to the 30. We take a look at the 30. The 30's got a lot more work to do. That's for sure. You know, so this is a railroad track. This would be a Joe DiNapoli railroad track. You're down, you're back up, and, you know, that type of pattern, the way this works is that, that type of pattern, you buy the next 0.382 retracement on it. That's how this works. Down, up, you go back down again, you buy the 0.382. And then if we get over to the dollar, and we take a look at the dollar right now, more than likely this dollar is probably setting up an ABC structure on the way up. We got down to the price point of 101,742. Right now we're trading at 102,09. And if that's what it is, this dollar will actually blow away the swing point that I was thinking I was going to go to. Let me just do this for a second. Let's see what this looks like. 107,800. Okay. So we're talking eight points, which would be 109. What is that one up here? That's 104. That's 106. Oh man. Pull this back. This could get interesting. We're going to 109. What is 109? Yeah, 109 is all the way up here. I do that right one second. That seems like it's too much. We went from 99,5 Yeah, I did it wrong. Thank you. 104. 104,5. So 104,5 is the second highest swing point. If there's an ABC up. So that's the way the baby's set up right now. And, you know, we'll see if that's how it's going to shake out. We have the Dow. The Dow industry is right now trading down 108. Nasdaq is off down nine. SAP is off 16 and a half. Stay right there folks. Come right back.