 on this Tuesday, 18th of January, the volatility index is up 3.12 at 22.31. If throughout the day, any market rally starts to fade, you will start to see this 22.30 level turn into 22.10, 22 key support and you'll see it start to push into 22.45, 22.55. That makes the next hour and a half really important because if there is some kind of a relief rally attempt, it needs to hold very, very well with the Dow, which now is at minus 530, 35,380 near the lows of the Dow, 35,324, I guess 50 points off the low. This is going to be very important because a big red candle closed like this underneath the left side low of the 10th of January of 35,639 says, you know what, we've set the pace now, lower lows and lower highs, at least for the short term and that day is going to be important because it affects the weekly. Look at the S&P, the S&P right now is trading at 45,88. It's about to take out the left side low of 45,82.24 in the 10th of the dreaded H pattern and the key support in the Chapman Wave up channel inside track propeller zone which will become a repeller zone. Look at the QQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQ right now holding much better because it's above that left side high of January the 10th. This is 372.99. If it starts to crack 369 support that's going to be a big negative. Watch it closely because the IWM, the Russell 2000, it was trying to ready. Now it looks very ugly because it's going towards the low that was made earlier in December in the 210 and 208 area. It's a 210.04, not good because of the rectangle formation for months and months. The 207.21 low is held. We'll see what happens here. Looking at gold. Gold is gold down running a little bit. Yep, it's up three and a half. We're saying that gold is in play for trading. I don't know if it's going to break to the upside because the dollar had to do a whole bunch of things. I'll do this real quickly. The dollar needed to retest the rectangle high of 95,52 and then it could start to move back down again. That's going to be important for gold. We'll see what happens there. But most importantly, the TLT. This is Bond's. The IASHA 20 year is way down at 140 and that's getting the yield to really skyrocket. That's a problem. Stay tuned. You've got Larry from the Venture coming up. A great program for the rest of the day. I'll be back tomorrow. Check out my opening call with David Newsletter and stay tuned. You're going to miss the programs here. I'll be back tomorrow. Have a great day.