 T F N N headline news update Morning folks. We have the Dow industrials flat Nasdaq also flat S&P down one gold contract down $2.50 trading at 1410 an ounce We have silver silver's got caught a bid folks. You get the silver up by a 20 cents. We're trading at 1554 light sweet crude $59.88 a barrel notes and bonds there you get the tenure note down 11 6 trading 126 26 30 year off 22 at 153 12 we get over we take a look at that Ten year first what do you have with this ten year? We're backing down. We're back down so far at 685,000 contracts now That's saying it's going to do about 1.4 1.5 million contracts It looks to me that number one you can't take out the lows of last week the lows of last week was 126 24 and we got right to 126 24 this morning you rejected that level the first Downdraft inside that bond market this morning Came out and that baby came out right at 820 820 you get the drought drift down as you came down to the very low You had a contraction of volume it looks to me that we are still gonna have higher prices lower yield inside That bond market King dollar King dollar the battle still continues on King dollar with 375 ticks trading 96 920 you're up there. You don't have volume up there, but bottom line price is holding euro Yours at 112 you get the yen trading at 108 21 and the pound is out here at 124 take a look at the S&P the S&P folks bottom line stills in ABC structure on the way up You had the banks the big banks coming out with numbers out this morning JP Morgan right now. Well as well as Wells Fargo I Slightly lower bottom line what I expect you're gonna see there is you're gonna reject lower price once again I don't see the banks going a lot higher But the bottom line is that their numbers were a little light on margin London margin London in particular that has to do with The the aspect of a lower rates lower rates banks make slightly less money. They still make a fortune That's the bottom line we can expect out here today. I expect we're gonna be a flat market Slightly high the AB the S&P still wants to finish this ABC structure on the way up The number for the ABC structure in the way up is 3055 right now or 3016 on the E-minis the S&P futures stay right there folks come right back