 folks, this is Tom O'Brien of TFNN. We have five days a week. We go seven hours a day. We go 24 hours a day on the internet at tfnn.com. Always remember, folks, whatever you think about, you bring about whatever you focus on grows. Hope everyone's having a great day, safe day. It's a TGIF, folks. Let's make it a great weekend. Become a servant of love. Love is what makes you happy. And if you become a servant of love and your partner becomes a servant of love, the day will come when you can be with each, when you can be with your partner with no guilt, no blame, no anger, and no sadness. Make it a wise. Let's take a look at it out here. We have the Dow Industries down 435. Nasdaq's off 358. S&Ps are off 80. Gold contract up 24 dollars 30 cents traded 18.61 an ounce. You got silver up 9 cents. 23 dollars 62 cents an ounce. Lights recruit up 368. 93 dollars 58 cents a barrel. Notes and bonds. A 10-year note up 21 ticks right now, 126.14. 30-year up a full point at 152.20 in Kingdala. Kingdala's up 481 ticks. Traded 96.03. Euros 113. Yen is at 115.27. And the British Pound is trading out here at 135 to 1 US dollar. Our phone number is 877-927-6648. Give us a call, folks. Want to know what's going on in your world and the world in the S&P. Let's go. Let's take a look at them. What do we got out here? Okay, so first I'm going to bring up the futures. Let's take a look. The volatility is here in spades. There's no doubt about that. That being said, this came right down to these highs of the lows, man. And this is a nice setup. And that's far, you know, so right now we had a low out here in the S&P of 43.98. Right now you're 20 points above that, okay? So the bottom line is that we're down 79. The real question is going to be, can this go down like 50 before the close? Because if that's what you get, that to me would be a rejection of lower price as you came into the highs of the lows. Because the volume's not going to get close. So that's the bullish scenario. The bearish scenario would be that if we close right here, we will go after this high volume low. You've got to remember something, that high volume low is out here at 42.12. That's going to get tested. And what does happen is that when we did this yesterday, when you take the whole top to the bottom, oh yeah, so this is cool. So check this out. Oh, this is really cool. I forgot about this part. So check it out. So when we take the highs to the lows, we did a counter trend bounce, folks, okay, going all the way up to a .618 of that move. So when you do a .618 retracement, it's, you know, nothing's always 100%, but your probability is right up there whether, you know, it's a very good probability that you just come back down and test the lows. Now, if that's what we get, the cool thing about understanding the fib expansion contraction right here is that you can get a lot less paranoid buying that low first off because you already did a .618 retracement. You come back down there, you know, bottom line is that if that's what we do, it'll be very nasty going down there because they're not going to make this easy to buy. So that's the positive. The negative would go like this. The negative would have us close here and then you go sideways and as you're going sideways, you're building more cause. We do not want to see that happen because if you see that happen, then this could be an ABC structure on the way down. That's your S&P. We go into the NDX 100. We take a look at the NASDAQ composite. I mean the NASDAQ NDX futures and they're much weaker. So, MQ. Okay, so come on, baby. Okay, so we take a look at the futures. The NASDAQ futures, this is. They're already into that bar. So if we close here, this is going to go after them. And the positive deal going after them is that it's going to need a huge amount of volume. But you know, we'll see. The NQs would have to close above $14,499. $499? Yeah, $499. So you're deep into them, man. So that's saying it wants to basically go after. Goal. Let's go take a look at the goal contract. Goal contract got big juice out here when Britain turned around and also said they wanted their folks out of Ukraine. And so you saw this basically go top side about $130. It was flat, then it went top side in a big way. Yesterday we got big volume. Today you get big volume. That's saying good gold going after this, 1882. That's how this baby's shaking out. If we go to the GDX and we take a look at a few of these gold equities, you're going to see the GDX bottom line. This took out a B point, took it out with volume. So that's an ABC structure up. It's 32, let's say 29. It's a small one. Free points give you 33.55. And your swing point up there is at 33.19. The thing that's going to be a little dicey is this. I don't like that gold actually moved versus war versus inflation. When you get that folks, many times it's a one day wonder and you come right back down the other side. If we take a look at the dollar, what do you have with the dollar out here? Dolls up 455 ticks. That's still having a high time holding price. There's no doubt about that. We take a look at, let's go look at Oilman. Oil 107 on Oilman is just laying out there. Oil contracts up $3.82. You broke top side. Let's see, we're going to have another ABC up, man. This is wild. Okay. So this is 93. Oh, there you go. 81, 12 bucks. 12.90. This is 102. So you get a 102 A to B equals the C to D. Higher prices are coming out here, inside the oil market. Well, the commodities are out there. There's no doubt about it. Some of the higher volume equities that we have out here today. Advanced micros down $11. You have firm holdings. That's getting smoked again down $12. NVIDIA is down 18. You got American Airlines down a buck and a half. Facebook's down 750. Exxon is up 154. You got not only a true rotation out here, which what you have is that you do have a lot of damage. The real question is going to be, as it comes into the highs of these lows, is it going to be able to hold price? That's the real number out here. Dow industrial is right now trading up up trading down rather 465. Nasdaq's off 379. S&Ps are off 83. Stay right there folks. Come right back.