 headline news update welcome folks Dow industries up 89 Nasdaq up 50 S&P's up nine all-time highs folks all the indices big-time gold gold contract down $18.10 traded 1784 and ounce you had silver down 18 cents $23.94 an ounce light sweet crude off up rather 47 cents $83.28 a barrel notes and bonds the 10-year note down three ticks trade 130 21 the 30 year up 11 at 160 27 and King dollar what a move King dollar had folks okay this was a one monster move it's up 800 789 ticks at 94 133 Euro down 121 at 115 yen up 40 at 113 98 and the British pound down 105 at 136 85 we get over we take a look at the S&P what you're gonna see out here they're all finishing at all-time highs this is closing out the month also inside of the spy bottom line you're at 459 26 and the X 100 of the the coolest one actually to look at bottom line is that inside the cues on the daily weekly as well as the monthly of these lasting golfing now what happens at a lasting golfing folks is this is that it's a two candle if it's candlestick shotting pattern but it's a two candle deal and what it is is that you start at the low you close it to high after an uptrend and then if you close lower the following day that is a bearish occurrence I know I get a nerve saying a bearish occurrence right because that's one of our Tigers says is saying there's no more bears left in this market in fact is there's an article inside the Bloomberg today that the last since June what monthly and now yeah since June the shot positions inside this market have basically gone down to fractionally of what they've been so if we do get a downdraft folks okay there's not going to be buys on that side of the downdraft because that's what shot positions actually do you're buying to make it back when there's not shot positions it can turn into a real problem gold contract rejected lower price of 17 78 out here today you're at 1785 silver down 16 2396 have a great weekend folks have a safe weekend come back and visit Tommy Monday morning kicks us off 9 o'clock great show have a great one folks have a safe one