 Okay folks, good afternoon update for TFNN mid-afternoon. We've got the Fed coming out here at two o'clock and it'll be Mr. Powell himself speaking. What I've done here folks, I posted the chart of the E-mini S&P over the last five days here and I've had a system that I've been using since they started trading that thing back in April of April 16th of 1982. There's 13 steps that you need to really look at this closely and I posted this ahead of time. So that first target up there at 14, excuse me, 4417 was posted first and then later today when we had the three higher bottoms, as you can see there that means that the market could get all the way up to that 426 level, 4,000 and 26 level with Mr. Powell speaking. Of course any move now below the secondary point there at 4389 would say that this market has made some type of a small ABCD top up here but it's still a little bit early in the day especially with the Fed out there and it usually gets very, very active and that's the key to look at. These actually, these principles could be used for just about anything but they were made for the S&P. I was at the Merck and they asked me to teach some of the young traders coming up and so these were some of the things that I focused on you know with a little rudimentary tools that I had back then and these are the same ones I got today folks and I haven't changed them at all. You know why? They still work. The good part is they don't work all the time because if they worked all the time everybody would see this but they work most of the time. The $64,000 question that's everybody asking me today has gold made a bottom. We had an order to buy it today at 1945. We got down to 1948. We've rallied $26 folks off the bottom and I have to say that we have to wait. There's still a possibility to get down there. Gold is very tricky and that number is really, really big. Now $3 is very, very close. I've kicked myself today. Why didn't I buy it at 52, 54, 56 or 60? I was waiting for a 382 retracement that never came and so I sat here with this little beautiful white wedding dove flying away with the profits that I could have made. Let's take a break. We're going to be right back. Rich Anderson is our guest today, 877-927-6648.