 updates welcome folks we have the down industrial stuff finish up by two three thirty three thirty nine nazi cup two sixty four s&p's up fifty seven gold contract down twenty one dollars trading at nineteen eighteen gold saves itself while the dollar actually save gold dollar was down over a thousand ticks end up being down six hundred eighty three ticks the thing that was wild about a focus this would you always want to pay attention to if you're not gold market look at the dollar what we had out here this morning the dollar was down a thousand ticks gold was down like fifty fifty five dollars kind of interesting something else you want to keep an eye on is the gdx the reason being is that what happened out here this morning is that you can see when the gold was down like that when the dollar when the dollar was down the gdx was the first one that came back and it wasn't down that far in the context of where they were anyway so when you see something like that fundamentally dollars lower golds higher oil oil card contract trading down a bucket one oh four ninety seven you get the notes and bonds the ten year note up twenty six trade one twenty two ten the third year up a full point plus sixteen ticks at one forty nine oh four and king dollar king dollar was down six hundred eighty five six at ninety eight four oh seven so I want to go to the king dollar first because this has been this has been a hard setup to really call you know it's chopped around in a huge way today I mean had a monster deal today you know if you look at candlestick charting this is a major bearish candle I mean the bearish engulfing in a monster way we went from ninety nine to ninety five to ninety eight oh three seven so I was down twelve hundred ticks we'll see whether it can break the swing the swing is that ninety seven two seven twenty seven and if we break the swing bottom line you're going to see a lot lower price inside of the dollar market the spy in the index one hundred there aren't ABC structures on the way up and you gotta remember their A to B equal C to D and their fast moves right now spy closed up by five sixty two you had volume come in we had an expansion of volume out here today the price projection of the spies four seventy eight right now you're four sixty one and the X one hundred same type of setup you get an ABC structure up the difference with the the cues folks is that the cues their price projection is much lower than their highs the cues price projection is three ninety one you're three seventy one and the high on the cues okay it's four oh six have a great night folks have a safe night come back and visit Tommy tomorrow morning kicks us off nine o'clock in the morning great show don't forget about our trading room come join our community have some fun growl proud make some money be out here at seven o'clock in the morning get those ideas going great night safe night