 news update. Welcome folks. We have the Dow industrials finished down 614 NASDAQ is off three thirty S&Ps down seventy seven. That's a downdraft inside the NASDAQ folks of two point two percent S&Ps two percent and the Dow one point seven eight. You can see what happens when you're at higher numbers. Okay. The Dow is only one point seven eight but you had to down six hundred and fourteen points. So the bottom line is that we're going to you know see some numbers here red numbers that is gold gold contract up thirteen eighty trade at seventeen sixty five get the silver market down eleven cents at twenty two dollars twenty two cents an ounce light sweet crew was off a buck twenty seventy dollars seventy seven cents a barrel notes and bonds the ten year up a half a point one thirty three oh seven the thirty year up a full point plus nine ticks at one thirty three oh eight and king dollar king dollar didn't hold price that's the bottom line you have twenty six ticks ninety three two twenty Euro one seventeen yen one oh nine point three nine and the British pound one thirty six to one the U. S. dollar we don't we take a look at the spy what you're going to see out here is that you had an expansion of volume we had months of volume on Friday too by the way Friday what happened is that you got a confirmed ABC structure on the way down that it broke the B point broke it with volume we did Friday a hundred and eighteen million we did one fifty seven today the one fifty seven is going into one forty seven that was on the nineteen of July now this is a big number to keep your eye on this is why so we're going into the aspect of a twenty yeah we're going into the aspect of the nineteenth you had higher volume when you get higher volume and we didn't hit the low you're going to go after the low so the next stop there on the spies at four twenty one that being said when you take a look at this and if you just will listen to what you listen to the program the bottom line is that what we have done is this you've had a break of the uptrend with conviction and what that means wide price spread accelerated volume and the spy is still at four thirty four that's saying the spy wants to trade down to its main nineteen may the week of uh... no the day of actually may twelve which is the four oh four so it is a very large number inside the end the x one hundred you get the same type of set up meaning that we came down hard we came down fast you what we did on Friday uh... the end of the end the x jumped the the end the x was three seventy three on Friday at three sixty five bottom line lower prices are coming at us have a great night folks have a safe night please tell your friends about tfn and have them come back and visit Tommy get the straightened out tomorrow morning nine o'clock in the morning have a great one folks have a safe one