 News Update. Welcome folks, we are at our industrials finished down 143. Nasdaq off 315, S&P's off 47. Gold, gold contract flat 19.22 an ounce. Silver also flat 24 dollars 58 cents an ounce. Light sweet crude off 464.97 dollars 31 cents a barrel, notes and bonds. The 10-year note trading down seven ticks at 1.2022. The 30-year of 29 ticks at 145.17. The 30-year right now, the 10-year right now, folks is yielding 2.61. King dollar, King dollar's up 117 ticks trade in 99, 584, Euro 109, yen 123.79, the British pound, 130 to one US dollar. We get over and take a look at the S&P first, what you're going to see, volume blows out again, you get expanded volume, you get lower price, lower prices, here we come. Bottom line, you get volume of 101 million shares, that's after making a high with 86 million shares and guess what, next leg down, I suspect we're going to get, we're at 446, 435 is game right now. You can see what I'm doing here if you're watching Target TV. That's where we had come off the bottom the second day, there's some good high volume bars there and that should basically save the market the first time down. And I expect once we get there, let me put this bar here so you can see, you have two different spaces and they're very close to each other. And I expect that's where this thing is going to have some support the first time down. Now that being said, that's because we did a .618 retracement of the whole move down. So most of the time what happens is this, you get down lower, that's about halfway down to the low, right? You go sideways again, and if that's what we do, every time we go sideways, that's going to be building cause for the next leg down. That's how normally it works when you have a .618 retracement off of big down move. If we take a look at the end of the X100, what do you have with the cues? Same type of setup. Monster volume 87 million shares, they're getting out of this as fast as they can. And with the cues, right now we're at 353 and 340s game. It's the same type of setup and what you'll see with the cues. And this is always nice when it's like this, okay? You can see there's a high volume low that was set up from January 24th. Then the place that I suspect is going to, you know, get a little more support is a little bit higher than that. And when you have two of them together, that makes a difference cause you can gauge the volume coming into it. If the volume's light, guess what? That's where the next bounce is going to come in the market. But these bounces folks, a bounces in a bear market that wants lower price. Have a great night, a safe night, come back and visit Tommy tomorrow, kicks us off at nine o'clock in the morning, great show. Rear, look at him folks.