 T F N N headline news update good afternoon folks we have the Dow industrial trade now down 90 that is like is off 98 S&P's are off down 24 gold gold contract down $7.40 trade at 1637 an ounce we have silver flat $19.14 an ounce light sweet crew down a buck $57.86 33 cents a barrel notes and bonds a 10-year note trade now down 14 ticks $1.1018 a 30-year down 27 at $1.2012 and King dollar King dollars up 780 6 6 trading 111 539 the euros at 98 the yen is out here at a price point of 148.63 and the British pound is 114 to 1 US dollar now it's gonna get a little tricky here this week and the reason being folks okay is that Friday okay had a heck of a run no doubt but the bottom line is that you had a monster contraction of volume so that tells me we're going south now that being said bottom line you can see that you know we're backing down slightly you're down at the spies down 260 you only you have 52 million shares so now you're backing down with light volume the end the x100 we take a look at the end of the year so of course we have the Fed on Wednesday and that's gonna rule everything you have that the cues bottom line that's an inside day down 330 37 million shares now that's light volume but now we're going to go to the dollar so the dollar folks I suspect was looking like in the dollar man is that this thing is going to go after its trend line this is a great man mr. Bud Ralph's rest in peace bottom line is that this trend line now is hitting let me make this again one more time what happens when you break a trend even with conviction which we did the markets they love to go back up and test the underside of the trend line and the price always changes on the trend line because it depends what day it is because you know the longer to get extended out the further that the price could go in this particular case we're looking at one I think it's to 112 550 so it's about a thousand ticks from where we are right now okay here we go got it okay so we're talking 112 480 so you're 900 ticks away from it but looks to me like coming right into the Fed speak that's we're gonna get right up to that level if we get up to that level you're gonna see this market back down the backs of it so this is cool if it backs down today with light volume we back down tomorrow at light volume guess what whatever this Fed says it would be saying we go topside if we come down with heavy volume different ballgame man total different ballgame stay right there folks to come right back