 Welcome folks, this is Tom O'Brien of TFNN. We're here five days a week. We got 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 growth, hope everyone's having a great day, safe day. It's making a great night, folks. I'm gonna kick it into Memorial Day weekend. We're gonna make it a nice weekend. You love is responsible for its actions. Everything you think, everything you do is a consequence and you are going to experience the consequences of your actions in one way or the other. All human beings are completely responsible for the actions even if they don't want to. My God, let's take a look at it out here. We have the Dow Industrial's trading up 596, Nasdaq's up 321, S&P's up 85, gold contract up $5 traded at 1857 an ounce. Platinum, Platinum's up 820, 837 an ounce and I'll get silver, I'll get that silver for ya. Notes and bonds, the 10-year note is down 4 ticks trade in 141.23, 30 years off 17, now 30 years off 4 at 1, sorry folks. 10 years flat at 1.2019, 30 years off 4 at 141.23 in Kingdala. Kingdala right now is trading down 257 at 101.799, Euro out here at 107, yen at 127.09, the British pound at 125, just about hitting 126 to one US dollar. Our phone number's 877-927-6648, give us a call folks. I know it's going on in your world and the world of the S&P's, let's take a look at them. What do you have? Bottom line, you got a nice bounce, you're up 8.5 dollars on the spy, you get volume of 52 million and you have a contraction of volume, it's going to be wild, yesterday was 91, you're not going to do 40 million and that's how these setups work. I suspect tomorrow you're going to go higher too and you're going to have another contraction and then guess what, you wait for next week because I suspect Tuesday, Wednesday won't be bad, it'll hit somewhere after that, that's my take on it. That's your spy because what you're doing is that you're setting, well the spy's already in a confirmed ABC structure on the way down. This is now a complex ABC structure. So it's going to get interesting when it gets up to the C point, the C point on this is 408.57. And the X100, we take a look at the 3Qs, what do you have with the 3Qs? Same type of setup in the 3Qs, bottom line, you're going higher, you got a contraction of volume, nice price spread out here, no doubt, you're up 8.42, you're 2.99, you're 43 million shares, yesterday we did 67, now the NDX should be able to do another 20 million, so you'll get close, it'll still be a contraction, but I suspect you'll get closer, then you can get there 60. Gold, gold contract out here with gold has done, gold rejected, lower price out here again, they rejected it yesterday, you do have light volume on the pullback, more than likely gold's setting up a small ABC structure on the way up, we'll see where the C point lays out. You know, the A point is 1793, the B is, notice a nice one, man, it's an 80.8 B. So, you know, that baby, we'll see whether this is going to be the B point, if this is the B point, that's going to give you 1920, and yeah, it's interesting, 1920, where's 1920? 1917's the next swing high, so I suspect that's where this thing wants to go. And good old King Dala, we look at King Dala, basically he's losing it, you know, still high, still there's no doubt that's still pretty high, there's no doubt about that. Bottom line though, is that what you've done here, you come off the high of 105, you're at 101, 790, down to 206, see there's not much, because we went up so fast, not only just in the markets, but in King Dala, the bottom line is that once it gives it up, it can come down just as quick. So the first time King Dala could stall it all is at the 101 area, 101.028, to be exact, but that's only traded there four or five days, I suspect what we're going to see is you're going to see a downdraft coming right down to the 99 area, and that area there, that's going to be hard to bust, you know, we'll be there for a while, because we traded that area from March 4th, going all the way over to April 12th, April 5th. So you traded there just about a month, and so it gets down to that level it should hang out. That being said, I want to show you this larger picture though, when you take a look at the larger picture, and we put this up on a monthly, what you're going to see is that the type of consolidation that we've been in, and we've been in this consolidation since 2015, and so there's no reason to think that, you know, we won't stay in this consolidation. It failed to the highs, you know, once you get over this price point of that 103.820, bottom line gave it up. When you give it up, folks, particularly when you bust, you know, highs that have been out here for years, guess what, the other side is wide open, and the other side when we're talking about here is we're talking about down to the 88 to 89 area. Inside the NDX, let's see what's moving the NDX out here today. You got double, let's say Dollar Tree, yeah. Dollar Tree is up 21%, that's a hit. Baidu's up 14%, Lululemon's up 10, Pinduodu is up nine and a half. Taken away from it. Kraft Heinz down seven and a half. It's about it, really. You got Palo Alto's down 1%, big deal, that's nothing. Inside the Dow Industries, we take a look at the strength versus the weakness inside the Dow Industries. Point wise, what we have out here, there's only two stocks that are in the red in the Dow Industries, folks. You got Home Depot putting 60 positive points, Goldman's 60, United Health 45, Boeing 38. Let's go to Home Depot right away because this is what we want. When you're checking these volumes out, folks, what you wanna do, you can do the indices first, but then you wanna get into the equities and some of the high equities, because that way you either gonna get a confirmation that we're going higher with light of volume and all the big dogs are doing that also, oh, you're gonna get divergence. And if you get divergence, then it's like, okay, man, hold it, there's stocks that are going up in volume. Guess what? You go over to Home Depot, you're up $9 and it has no volume, 2.9 million bottom lines. You had 4 million yesterday, 2.9 today, this is a disaster. Let me just look at the IBM. So, big blue, same deal, unreal. And the reason I just looked at big blue is this, big blue has actually held price great during this downdraft. So when you bisect it in bisecting markets, that's what you wanna do. You go to the normal ones that get smoked. I just happen to know big blue hadn't, but guess what? Same deal. Yesterday you did 3.2 million, you're up 2.3, same deal. It's going higher, volume's contracting. See ya, don't wanna be here. Stay right there folks, come right back.