 FNN. The Tiger. Financial News Network. News Update. Welcome folks, we have the Dow Industrial trading up 209, Nasdaq up 156, S&P up 42. Gold. Gold contract down $43, trade at $19.56 an ounce. We have Silver down 24 cents, $22.40 an ounce. Light sweet crude up about $69. $69.33 a barrel, notes and bonds. A 10-year note. $136 trading, $144, the 30-year, I down a full point, plus 13 ticks at $130 and $King dollar. $King dollar down 29 ticks trading at $103, 251. The year is at $107. The end is at $132 and the British pound is at $122 to $1 US dollar. And we are coming up for this test folks and this is about as good as you can get on a daily basis. So you get ready for a down draft probably tomorrow. So what do you have? You know, bottom line we take a look at this. We do the spy first. The spies, they have 56 million shares. Yesterday you did 93 million. The day before you did 140 million. The day before you did 143. Okay, so you're getting higher and the contraction is a monster contraction out here. We go into the lesson, I mean the spies, same setup in the spies. The spies are just getting over the swing point right now. The swing we're talking about is at $309.15. We just broke it. That being said, guess what? 89 million. It's taken out. Yesterday you did 56. We won't even do 56 today. So we'll see if the price holds today. But this is a market that wants downtown. Gold, gold contract. You gotta love the gold contract man. Gold contract, you know, even as Stephen Rose and I, myself, we were talking about this yesterday. Bottom line, pulling back. Now watch this though. You're pulling back tremendously light of volume. This is where it's at. You're probably setting up a monster ABC structure on the way up. You get 61,000 contracts traded on the way down. And just to give you an idea on the way up, what we have here, you know, we start, well actually yesterday we did 69,000 because we're rolling the day before you did 67,000. Bottom line is that yeah, gold can pull back somewhere into this 1935. Right now you're at the 1957 that level. And then if we get into the good old King dollar, we take a look at King dollar. What we have with King dollar out here. King dollar is down at 34 ticks. We got to 103,515. I mean 103,002. And that's the number, man. That's the high of the day strength of 103,006. My take, you're gonna get a contraction, a rejection of lower price on the King dollar. King dollar is gonna basically take off the top side. We'll see what's gonna happen in the next hour. Stay right there folks. We'll come right back.