 Welcome folks, this is Tom O'Brien of TFNN. We have five days a week. We go seven hours a day. We go 24 hours a day on the internet at TFNN.com. Always remember folks, whatever you think about, you bring about, whatever you focus on grows. Hope everyone's having a great day, safe day. It's making a great night, folks. Don't make assumptions. Disconcerning the truth. The problem with making assumptions is that we believe the other truth. We make the assumption, we misunderstand, we take it personally, and we react by sending emotional poison with our word. This creates a whole big drama for nothing. Mugged eyes! Let's take a look at it out here. We have the Dow Industries up 65. NASDAQ's out 153. S&Ps are off 18. Gold. Gold contract flat. $2039.10 a notes. Gold's in an ABC structure up, folks, with a price projection of $21.54, and that's a one-to-one. And gold loves doing more than a one-to-one. Gold really likes doing a one-to-one.382, a one-to-one.50. Silver. Silver's flat out here, $25.11. Light Sweet Crew down 26 cents. Trading $80.45 a barrel. Notes and bonds. A 10-year note. Up eight ticks. Trading 116.16, the 30 year of 28, at 134 flat, and King Dollar. King Dollar up 285 ticks. Trading 101.871. The year is at 109. The end's at 131. The British pound is at 124 to one at US dollar. Our phone number's 877-927-6648. Give us a call, folks. One note's going on in your world. And the world of the S&Ps, let's take a look at them. What do you have? Well, take a look at the spy out here. You know, you're backing down a bit. It's light volume. This thing still wants to basically hit this high that's generated out here on the February 2nd. February 2nd is 418. Yesterday we did volume of 46 million. You're coming in to 113 million, which is last Friday. Last Friday's a big day, folks, because the volume came out of nowhere, but the volume is volume, man. There's buyers there. So now what you're doing is you're coming into that level and the contraction is pretty dramatic coming into this level. Yes, granted, it's a holiday week, but the bottom line is that it is what it is, and volume is what it is. When you come down with light volume and then you have a higher swing point with volume, you have probabilities that that's exactly what it's going to do. It's going to get up into that level somehow, some way. I know it sounds bizarre, but well, it sounds bizarre to me, but it wants to go there. We look at the three cues. What do you have with the three cues? Same type of setup. Now the cues, this one's going to be cool with the cues today. The cues, the number to keep your eye on is at 315-25, because what that would be, you're coming down into the bar that was out here, on the 27th, and that bar has 75 million, and the top of that bar is 315-25, and if you close above that, the 25, that would be a rejection of lower price with lighter volume. Gold, gold contract, that broke top side yesterday, has the volume behind the move. You can expect a little more sideways movement. It takes quite a bit for what gold actually did, because gold was in a 10-day consolidation. You can see the volume exploded yesterday, 233,000 contracts if we do the GLD. See, we just rolled on this contract too. You can't just look at this with the B point, but if you go to the GLD, if you're looking out of these ABCs' work, you can check it out, check your workout, and then you go to the GLD and see if, in fact, you got it, and you did get it, okay? And the reason you got it is this, now check this out. So this is important to understand about ABC structures on the way up, on the way down on, and that you can't have volume expanding all the way up or expanding all the way down. You can see this big volume that when we first took out the swing point, that volume that came in, that was March 17th, part of gold, right? You had 24 million shares traded. Now watch what happens. Then you came under it, and so when you come, the way I look at March, you came under it, and so what that means is that that means that, okay, you came under it with life volume, 18 million. Well, that's where we winds itself again. Then you go higher again, and you go higher with 11 million. So your benchmark is the 11 million. It's not gonna be the 24 million. And then yesterday, we took it out with 13 million, taking out the 11 million in the context. So that's how you get your ABC structure up. We take a look at the silver market out here. What do we have with silver? Silver's a little bit different setup, but the bottom line is that it always seems to be a different setup. Silver has taken out the top of its range. And the top of its range, that's saying that silver now is gonna make its way up to basically the 30, 29 to 30 dollar area. Let me put this on a generic chart. You're gonna see the next swing point, I believe is, yeah, right there. All right, well, that's only 27, 27. Well, yeah, the next swing point is 27, 13. The top of this whole range is 30 dollars though. So we'll see out here, it was 27, 13. But I suspect, let me just look at this for a second. I think it already broke. Yeah, it did. It already broke with conviction. This is on the way to 30 dollars. See, it broke the whole trend line and it broke with conviction. You had wide price spread, you had volume behind the move. And it's gonna be all about this. You know, we take a look at this, you know, the 10 year, look at this 10 year, man. I mean, it's unbelievable. It's 3.2 today. And we were at four like three weeks ago. That's eight tenths of 1% on something that only started at four. That's unbelievable. But it is what it is. And when you take a look at it technically, bottom line, this thing looks to me that you're gonna blow away this high and you'll probably get a huge ABC structure up. We got 1.3 million contracts today. Oh, let's see how this is gonna be cool. So we need, we need, okay, so at 1701, and this is why we hit 116.30 today. So 117.01, you need 2 million contracts. Now, we don't wanna go after this probably tomorrow. You wanna go after this probably next Monday or Tuesday. If you got that, you got an ABC structure up and you're talking about game on and rates. And no matter what the Fed's doing, they can control the overnight rate. They don't control the 10 year. Stay right there, folks, we'll come right back. That one just goes down 161, NASDAQ's off 18, S&P's are up, no. That was up 61, NASDAQ's down 161, S&P's down 19. Modities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy K-Stat's Tiger Forex Report. Teddy K-Stat breaks down the Forex markets every Monday using his 30 plus years of experience as a trading veteran of futures, Forex, stocks, and options. 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