 headline news update welcome folks we have the now industrials trading up 89 Nasdaq is up 37 S&Ps up 18 gold gold contract down $11.70 trading at $17.95 an ounce we have silver down 40 cents 24 dollars 18 cents an ounce light sweet crude up 79 cents 84 dollars 55 cents a barrel notes and bonds the 10-year note trading up one tick right now 130 19 the 30 year up 14 at 158 old 158 31 and King dollar King dollars up 129 ticks trading at 93 943 euros 115 yen is 114.16 and the British Pounds 137 to 1 US dollar well you know when we take a look at the spy bottom line folks is that you have a higher price and you know we'll see whether it's gonna hang we're up a buck 64 inside the spy the high that it took out took it out on Friday was a 450 405 and yeah you contract him with volume but the bottom line you're at a higher price and the x100 now is a different ballgame it's always wild folks when you get a test and the test is right to the penny it's like how does that work man so the three cues today they tested 382 71 you're at 379 81 where this closes folks okay is going to tell us all about the NDX 100 will tell us all about these earnings that are coming out because we have earnings week in an extraordinary way out here bottom line what we'll see I don't expect that we're going to go back up to this 382 that the NASDAQ had a nice run intraday today went up there and then gave it up and spade so we'll see how this shakes out coming into the close thus far if we take a look at the NQs and at that fact at that 503 150 503 it does have a high volume low so your probability is that we're going to go right after that coming into the close which would be pretty shocking for you know basically a lot of folks the reason being is that this has been a one-way trip from the lows to the highs I mean that's the bar that's the bottom line you get a monster consolidation that is in place and it's huge man I mean that that's the real bottom line gold gold contract they jammed gold down into the price point of 1783 a rejected lower price you're at 1794 gold contract wants to run up to this 1836 area stay right there folks come right back