 Let's go over to our M. Mr. Teddy cakes that as we do each and every Wednesday at 40 past the hour, you can reach Teddy every trading day folks at 4x dash trading dash unlock.com. That's 4x dash trading dash unlock.com Teddy cakes that. What's going on, brother? I'll tell you what, we got quite the dollar rally going on this morning. That's what's going on. No doubt. Let's jump them back into that higher trading range, man. It just blew right through that trend line, man's been taking a while to get there, but it's there. Well, and your favorite market, the Japanese yen, wow, I mean, we've been saying this market's a bull for quite some time, but talk about a balloon underwater rally today, huh? There's no doubt. This is pretty amazing, folks. The yen, and the yen right now is $1,1093. If you've watched that, if you've watched in Target TV, I mean, this is a one-way shot, man. I mean, you don't see this too often, right, Teddy? This is right. Absolutely. You've got over a full dollar move that's happened since basically like around eight o'clock last night, I think, something like that. Yeah. And now this is the kicker. Then Tommy and I have been talking about it, and we had Kevin Hinks on earlier talking about it. Gold won't give it up. It's like you're at 1609, man. I mean, it's like everything's going up, right? Well, you know, I think it's the coronavirus, honestly. You know, it's like we're starting to see some manufacturing things come back online, but the same token, they're also being disassociated as well in China, you know? So I think it really is being, you know, the markets are always forward-thinking, and I think right now everyone's looking at where we're going to be at in September or October already. Sure. And there's going to be shortages, man. I mean, in a huge way. Sure. And that supply line, we'll see it company by company specific, but there's definitely going to be shortages. No doubt about it. Sure. Well, and think about this. I mean, GM announced this week that they're cutting, I never knew that GM made cars in New Zealand and Australia under a different name. Okay. And they announced this week that they're closing all their plants in both countries. So that means General Motors is no longer going to make cars in two different countries completely. You know, that's a big deal. That's huge. Now, is that on a temporary basis or, you know, flat out they're just closing them? They're flat out closing them, man. Wow. Their plan is that within the next year, and I'll think about Australia, between the wildfires, the coronavirus, there's shortage of, you know, I mean, they supply basically everything goes to China. And because of the slowdown, look at how they've been impacted. The only thing that's helped this break, I mean, if you look at the Yen chart, it's screaming rally today. But the Australian dollar has been trading kind of like the Euro. It's just been sinking and sinking and sinking without any relief, you know, and it's like they just got compounded this week. So I think you're going to see a major bear there for quite some time. Yeah. This Yen is so intriguing, man. I was so paranoid of this Yen getting over this 110. But it's not doing anything to the rest of, you know, the metals market, which is pretty wild, man. That's right. You know, what's interesting about the Yen is that, you know, for the past like six months, it's been creeping higher, you know, get through resistance and maybe get through maybe maybe a half a dollar move at the best. But usually it was more like 20 or 30 pips at best, you know. And this thing today, I mean, we have over a full dollar move without any excitement in the world. I mean, I've had an upside target. We've been talking about this now of one 12 to one 12 half, but it's been with more of a longer term perspective thinking it would take months and months and months. Yeah. I mean, we're hovering at one 111, you know, I mean, it's that's a crazy move today. It is. And I guess, I mean, the news part of the saying that they think that what things are slowing down. So that's why the Yen's getting weaker. So as we're talking numbers, folks, as you start talking like the one 1094 higher it gets, the weaker it gets, you know, against the U.S. dollar. So, right. That is quite a movement. You know, it's also interesting, you know, when you, you know how I like to use, you know, occurrences of the major indicators against each other and stuff like that, as well as a dollar index. I don't think you can use the dollar index right now as an indicator anymore because, you know, the euro is the biggest component of the dollar index to the pound. Right. If you look at a dollar index chart versus a euro dollar chart, they're basically an inverse reflection of each other. Right. So it's hard to say if you're looking at most of the currencies now, where are they going, you know, on a fundamental or technical basis. I mean, your technicals are overdone in so many currencies. I mean, the Australian dollar, the Euro dollar. I mean, if you're a technical indicator kind of person, you're being, you've been buried. There's no way that you can look to buy those markets right now, you know. Right. Especially with the fundamentals, you know, like I, you know how I like to incorporate both in all of my trading and stuff like that. This corona thing, it's, I've never encountered, this is not like SARS or anything else that we've, I've ever experienced in 30 years of trading as far as a fundamental that could drive a market the way it is, you know, like the dollar being so strong, you know. I mean, we have the Swiss that, I mean, the US dollar Swiss is hovering, you know, they're not too far away from parity. And the Euro right now, usually it bounces where it's at. It starts to consolidate. And right now, every day for three weeks, it's made newer move lows, except for one day and it's only had one positive day in three weeks. Yeah. I guess when you take a look at that, right? It's basically saying that things are tougher on the world and we are more insulated here, right? I mean, that's, that's what it seems like, you know. Yes. Go ahead, sorry. Well, no, I think your installation comment is exactly it. And this coronavirus, you see how the world acts in a situation like this, we're lucky this is just a flu virus, you know, and what's the sustainability of a country when everything starts to lock up and all of a sudden you have this lack of mobility going on, we live in a mobile world. Oh, yeah. This is like going back to, I mean, we're in 2020, it's almost like we're going back to 1990 or something like that, literally. That's right. You know, it's movement. Yeah. And, you know, we, what's kind of intriguing is to see that, OK, maybe the aspect of how we're looking at that dollar, we'll have to shift it from the European markets to the Asian markets, you know, because Asia runs everything supply line folks. I mean, that's the bottom line. And, you know, the way that currencies are broken down, they're supposed to be broken down as to the ear trading partner, right? That's how we got to 60% for the dollar, right? Versus the euro, right? Yeah. Well, you know what's interesting? You made a really good point right there, too, about trading partner, very good word. You know, as traders, we trade everything and we're all about, you know, the more liquidity and the more people involved, the better. We've had for decades a very isolationist view of where and where goods go come from and go to. Yes. And I think that this is shown, you know, with all this globalization, you know, the past 15 years, everyone's like, globalization, globalization, the whole world has to come together. I think the coronavirus has shown what happens when the whole world is completely together. It doesn't work. You have to be compartmentalized. You can't be just relying on these countries around the world. It's just not sustainable, you know? It's a great ideal. And it works when everything's flowing nice. But we don't even, this is not war that's going on. This is just a disease. Yes. Yeah. You know, it's going to be interesting. Now, here's a wild card, folks, OK? So you got a lot of these factories that have been moving out of China for a while. Let's say you get a monster factory in China. They're making smaller ones in Vietnam, Indonesia, and all these places. But there's a couple of those countries that actually have a lower pay grade than China. So it'd be interesting, like, three or four years from now, like, what ends up happening? Do you know what I mean? How much business actually came out of China into those countries, and those countries don't have a taff coming into the US yet. That's why they're doing it. So that's going to be a wild card, not now, but two or three years from now. It's going to, it's happening for sure. I agree with you. I think that's good foresight into what's going to happen. Listen, folks, every day you can check it. You can check out Teddy at 4x-trading-a-lot. Thank you so much. Shame on me. This Yen move got me, Teddy. That sure is. It's crazy. Have a great one, man. Have a safe one. We look forward to speaking with you again. Thank you. Stay right there, folks. Tommy and I are coming right back.