 Welcome folks, this is Tom O'Brien of TFNN. We have five days a week. We go 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 grows. Hope everyone's having a great day, safe day. Let's make it a great night, folks. Be impeccable with your word. Release the need to be right. When you believe something, you assume you're right. You may even destroy relationships in order to defend your position. Let go of the need to defend your position. Market wise, let's take a look at it out here. We have the Dow Industries down 131. Nasdaq off 48. S&P's down 13 and a half gold. Gold contract up $26.20 straight at 19.33 an ounce. With silver up 39 cents, $24.04 an ounce. Light sweet crude up a buck, $80.44. That's been a round trip out here today in a monster way, folks. Notes and bonds, you get the 10-year note, trading down 10.6 at 115.19, the 30-year down 12 at 131.22. And the 10-year right now, folks, is yielding a 3.39. We hit 3.33 yesterday. And $king dollar, $king dollar just can't hold price down 324 ticks, trading at 102.039. The euro's at 108. The yen's at 128 and the British pound is trading at 123 to one US dollar. iPhone number's 877-927-6648. Give us a call, folks. One note's going on in y'all world. And the world of the S&Ps, let's take a look at them. Well, I'm going to go right to the futures, because if you heard the update, the bottom line is that the future's only had to get a few points lower. Let me see if it did it. To get back inside this range, that could be a real problem. No, it's not there yet. Well, let me see. OK, so the number that we're looking for is right there. What is that? Yeah, 3933. Yeah, we're below it there. This is a problem. OK, you have a little problem child here happening. So this is why the problem child's there, folks. OK, what you had out here this morning is that on the opening bottom line, and this is a minute, I use the opening. I use it. When it's live, it's live. I don't care if it's the opening or the close, OK? The 10 minutes, the 10 minutes. So you had 79,000 contracts. Then the next 10-minute buy was to a higher high was 61,000. Well, what happened is this. The first lunge up, you had 40,000. That lunge up was at 140 this afternoon. Then you went to a higher high, we're 27. So the correlation, this was so cool about time in the trade, it's all about supply and demand. And it shows you the weakness or the strength inside the marketplace. And so in this particular case, you're looking at, OK, the last high had 27,000. The prior high to that had 46,000. The next high had 61,000 and the one before that 79, OK? So now, that's the bad news, right? Meaning if you want to smack the high. The good news here is at the bottom here, we don't have a high volume low. We did do. You can see this that we went out to 3901.75. Well, the ABC down we were talking about yesterday, intraday it was 3905, OK? So it hit your ABC down. Now, my speculation is this. You know, when we finish an ABC structure down or up, it normally does something else. I take is if we end up, this is how this goes, right? So let's picture if we look at this. If we end up at, I'm taking this, this is a little bar here. And if we end up at 3923, somewhere around this, that's another seven points. Let's put it this way, it's easier telling him. If we're down approximately 22, 22 points and over in the S&P, this is building cause so much lower price. That's how that works. Because you finish the ABC structure, it always bounces around to something. But if it wants to do another ABC down, what you're going to see is that there's no strength to stay up. They snake it lower on the clothes and we'll be able to see that pretty quickly, you know? Because we just had the failure. So if I bring the NQs up, we take a look at the NQs, same situation. So in the NQs, same thing in the NQs, we don't have a high volume low either, OK? So in the NQs, if we do the exercise again, watch. The first way up, we had 33,000. Then we made a high with 26,000. Then we made a higher high with 8,900. Yeah, that's a joke, OK? Now on the way down again, it's the same deal though. There's not high volume. There's not a lot of conviction when you're getting lower to sell this thing. That's the bottom line. So inside the NQs, that being said, if the NQs close out, what is that? 3, 3. If we close out like down, that's another 50. If we close down over 100, it's going to be telling you the same thing. And guess what? We are going south. Goal. Let's go take a look at the gold contract out here, because the gold contract is hitting highs. And if you're at the update, there's Alastin Gulf and again, we've had plenty of them. That being said, bottom line is that you're breaking high here. Now you get 193,000 contracts, and that's good contract volume. There's no doubt about that. And we've had higher, but now 193,000 is good contract volume. So now the kick is going to be, Alastin Gulf means you start at the low, you go to the high after an uptrend. But you can see, we've had them. And they end up being one day wonders of this particular case. Now the thing to keep, yeah, and that's going to go over to the dollar, because it's all about the dollar. It's amazing that we have divergences out here in spades now, folks. There's no doubt. So the dollar's been moving sideways. That's the reality. The dollar tried to get off the lows yesterday, got down to 101, closed at 102, well, 101, 500 at once, closed at 102, 560, went as high as 102, 800. But the dollar was going to do anything as to get back inside 103, 500. So we're a long way from getting back inside the higher range. That's the bottom line. We'll take a look at some of the higher volume equities out here today. And I want to see this indices for a second. We don't have volume inside the ETF structures. Yeah, it doesn't look to me like you're going to get big volumes out of the indices either. Yeah, you're not. So this is going to be all about today, folks. This is going to be about can the market hold price, meaning that can it close kind of where it is right now or a little bit higher? Because if it does, then you're going to get a bunch tomorrow. And then we'll go to see, in that particular case, what kind of energy do you have going forward? And it's going to be hard to basically get hard energy going forward on a Friday. But we'll take it day by day, baby. Down, down is off 130, Nasdaq's off 49, S&P's off 13. Stay right there, folks. You're coming right back.