 Brian's this is Tom O'Brien of TFNN. We have five days a week. We got seven hours a day We go 24 hours a day in the internet at TFNN.com Always remember folks would have to think about you bring about whatever you focus on grows above it's having a great day Safe day the TGIF folks. Let's make it a great one Don't make assumptions ask for what you want Find the courage to ask for what you want others have the right to tell you yes and no But you always have the right to ask likewise everyone has the right to ask you for what they want and you have the right to say yes or no My advice let's take a look at it out here We have the down industrials up 112 Nasdaq's down 80 S&P's off two and a half gold gold contract down four dollars traded at 1944 notes we have silver down 11 cents twenty two dollars seventy cents an ounce light sweet crude Up 33 cents trading out at 83 dollars 16 cents a barrel notes and bonds ten-year note Down twenty ticks trading one 1006 the 30 year of 29 ticks at one twenty twenty five and king dollar a king dollar Draining up three hundred and forty five ticks at 102 869 the euros at 109 the yen is at 144 and the British Pounds out 127 to 126 to one at US dollar our phone numbers eight seven seven nine two seven six six four eight Give us call folks one notes going on to your world and the world that he S&P's Let's take a look at it. Well, we get a little divergence here. It's gonna get interesting Coming into the clothes that is So what you have here is that that first leg down this morning You got a high volume low on the S&P And that that baby is sticking out man Like a sore thumb and that's four four five nine. Okay Now if we go over to the nq's we don't Because the nq's came down tested it and rejected it If you remember, you know about three weeks ago. We had the same deal. It was just the opposite actually the opposite was that the Nq's hadn't tested it and I think this spy had but the bottom line is is that When we had that they both end up coming down as you can see in the nq's but the first low that was established out there was 50,000 652 and We got all the way back up to the 15,174 No, right Yeah, 15,174 and Bang you go all the way back down. You can see when we hit it. We hit it with 16,000 contracts Versus 29 So we'll see how this shakes out coming into the clothes today We go to the note and bond market we take a look at the note and bond market the note and bond market are going after It's lows So we get the 10 year down 26 straight in 1107 We take a look at this And this is this is pretty intense man, you know because the bottom line is that we're at the low that the last Week that rejected that low and the low that I'm talking about here is the 1105 and we hit exactly 1105 today So We'll see where this babies. Let me put this on a generic one for a second because What you also had is That we hardly had any type of bounce Yeah, we did we definitely didn't have a bounce on this thing So I'm gonna put this on a weekly for a second Okay, so you're a One on 933 Okay 1107 Yeah, you know this very well may be going for this 100 point point two seven Which right now The 30 years yielding four point one six and the high is four point one seven Us let's go to the 30 or take a look at the 30 year 30 is two hundred and ninety eight thousand contracts traded and the 30 had already blown out of its lows So let me go to the generic contract to see where we think we're going here Put this on a Monthly of five I'm gonna put this on a five-year monthly. I got it to a longer than that. Okay. Okay, so let's see what we're doing here. I See so the 30 is probably gonna have to 117 117 is yeah 117 20 is the number. I mean we did Yeah, we didn't need we didn't make a point six point eight retracement On that on this last bounce four week, you know, the the highlight of it in five weeks ago So that says it can blow away those bottoms We go to the gold contract. We take a look at the gold contract gold contract You know it's teetering right at a swing point right now, you know it held out here today but that swing point It relating with his 1969 1939 rather we hit 1942 now the volume is contracting in a monster way But when you look at the dollar, this is telling me the dollar is going to do an ABC up We got above the B point just Bailey today, but we're above it You can see is the B point or above it, man so The bottom line is that your projection is all the way up here the projection on an ABC up would be that 104 670 that is a monster move and What would be really weird is that if we came down after that? See, you know, it's so interesting meant folks. I've said this many times before That you can always project when you look at markets markets always look like they're doing any head and shoulders bottom at the top But look at this if you're projecting If I go hold it are you gonna go up there then pull back that would like be a monster head and shoulders bottom You know huge head You get a shoulder you go up there you pull back again Hey, we'll see what it's gonna, baby. She's gonna shake out But you you have a lot of moving pieces here right now. There's no doubt about that Stay right there folks to come right back. We have the the Dow Dow industrials right now trading up 99 Nasik is down 90 S&P's are up five. We have to go contract down for come right back