 Welcome folks. We have the Dow Industries right now trading up well, let's read out card. I know without my growl I get that get a little discombobulated here. We'll get that ground next week I'm getting there though to master love you have to practice love The out of relationship is a whole mastery and the only way to reach masteries with practice to master relationship is therefore about taking action Not about attaining knowledge Market wise out here. Let's take a look at it folks. We have the Dow Industries down 149 Nasdaq up 33 S&P's up seven and a half gold gold contract down $13.80 trade at 1864 an ounce We have silver down 34 cents $22.39 an ounce lights we crew down 99 cents $90 73 cents a barrel notes and bonds a 10 year note up five ticks trade in 108 flat 30 year up six ticks at 113 22 and King dollar King dollar right now Where are you King dollar? You've been all over the place, man How does this happen when I get there it is King dollar down 79 ticks at 106 144 the euro 105 the end straight at 149 the British pound is at 122 to 1 US dollar iPhone numbers 877 9276648 it was called folks. I know it's going on in your world now in the world that he has some peas Let's take a look at them. What do you have well? And take a look at this S&P what you're gonna see is that we came right down to the breakout area yesterday You did reject lower price at the 422 area Yeah, and I had big volume. They had 104 million and you're going into like 88 Couple days before that you had 118 that being said bottom line was that we bounced off it, okay? Now we checked at 425 this morning and you can have some decent volume So it's telling me that we get a bounce on that's for sure now. We'll see where that bounce goes We get a big gap that's laying out here at the 430 area 438 area actually 438 Yeah, the 438 area We go take a little let's go take a look at the E minis Entry day because where this dollar goes for the next hour is where the S&P is going to go So if we take a look at the E minis But we have that was a good bar this last 10 minute bars a good bar man So if I take this And go from highs to lows today we just did a point three a two Just spiked it See that there wasn't how the any volume on the way down here today, you know, this was interesting So the probability is that you're still going to try to get higher So let's go to the note bond market first because the note bond market is correlated with the dollar So if we take a look at the 10 year you're going to see the 10 year 1.8 million contracts not holding price that well though We did we are we got to 108 14 and I wrote 107 31 you know, so That doesn't look to me they that can press in so the high of yesterday the high of the low is 108 08 no Yeah 108 oh 8 You know, so if you dig it into this again, let's say in that that bottom can get tested Then let's go over to the dollar because the doll is the number man. It's just pretty amazing how the currency is running everything Well, it makes sense because it the interest rate structure is what's actually running it. That's keeping the dollar strong So we take a look at this dollar what you're going to see this is this is what you want to look at folks Now I'm giving you this on on a weekly basis, but this is going to be the number If you we take a look at it what you're going to see is this you have two different areas Mark both of them the first the first area though is the area that we actually went into this week Which is the low of the downdraft and that downdraft was pretty dramatic We went from 113 to 106 in one week. Okay, so just like an act just like an equity This is the currency, but just like an equity when you do that you have that type of price spread I mean this side there's a month's the sell of it so the bottom of this is 106 281 We're at 106 162 so 206 106 281 yeah 106 281 If you close below that one of 106 281 that would be a failure in price And that'd be saying that okay, that's what that's what's trying to do the whole time It failed and we'll see whether they get any follow-through next week on the way down You know if you don't fail there if we close above that then that swing point is going to be game And the swing point above it isn't to that 107, you know It's been relentless though. There's no doubt about that. We take a look at let's go over to the oil market and take a look at oil so CLA Oil contract out here at a high of 93 today a low of 90 You get 322,000 contracts. I don't think this is done yet. It's a good. It's a close call But I don't think this is done yet, you know, you had high volume all the way up to you know, almost 93 You know, you get lighter volume yesterday, but you'll be a pulling back with light volume compared to what it's going into That's how this is set up inside the MDX 100 The strength versus the weakness you get Walgreen boots is up 580 about five and a half percent microns up four and a half percent Let me just look at micron because I want to I think this is just a dead cat bounce My micro was the one that was down bad yesterday Yeah, that's microns down with volume is today monster so that's just They cut people on the wrong side today. That's all that is so you get Aluminums up 4% as e-scale is up 3 taken away from it the serious satellite is off 3.7. You get Oh bank. I'll bake a hues bake a hues off 3%. Let's look at Baker Hughes Because it become interesting if they start smoking these oil stocks, that's gonna be a heads up Yeah, that's down with late volume though Stay right there folks. We're coming right back and bottom line folks. Okay. We got our man, Mr. Peter Bruno Peter is gonna be doing a show on TFNN It's gonna be Wall Street money hour and Peter has been in this business a long time He was actually on the same station. I was on for like 20 years in the West Coast Peter and I coming right back