 Welcome folks, this is Tom O'Brien at TFNN. We're here 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 growth, hope everyone's having a great day, safe day, let's make it a great night folks. Don't make assumptions, disconcerning the truth. The problem with making assumptions is that we believe they are truth. We make an assumption, we misunderstand. We take it personally, then we react by sending emotional poison with our word and this creates a whole big drama for nothing. Market wise, let's take a look at it out here. We have the Dow Industrial's Dow in 84, Nasdaq's up 29, S&P's are down two, gold contract trading up by 760 at 1732.40. You get Silver up 22 cents, $19.18 an ounce, LightSweet crewed up 50 cents, $96.42 a barrel, notes and bonds. The 10-year note, up 7 ticks, trading 1.18.28, the 30-year up 29 and 1.40.08 in KingDollar. KingDollar right now, just about flat, really down 96, 107.982. The euro is at 100, one to one US dollar. The pound, 119 to one US dollar, $1.19 to one, and you get the yen at $1.36 to one. Our phone number's 877-927-6648. Give us a call, folks. I know it's going on in your world and the world of the S&P's, let's take a look at it. This is a beauty, man. This is, the whole thing is pretty wild, I can tell ya. So, we come out with the number this morning. You had the hot number come in, 9.1. It really wasn't hot as Tommy, my son said this morning, bottom line was 8.7. People were looking for it. That being said, when we take a look at this market on a technical basis, what you have is this. You had, you get down to 374 in the spy, well the swing point, folks, is 372.56. So, when you don't make a swing number one, that's telling you that you wanna go higher. Number two, what you're gonna see out here today, we are gonna get a rejection of lower price and you're gonna have lighter volume. It's a, we're 64 million shares traded right now. You're coming into 112, so we're gonna do about 75 to 80 million shares. We take a look at the S&P, let's go to the futures, cause I suspect what we're gonna see here, this is gonna be really cool watching this whole thing shake out. I, my take here is that what you're gonna see, it's been trying to get through this area from the Smauna. We got this one pop up, that was pretty decent. That pop there got us to 38, 34, okay? Then you had the nice downdraft. The downdraft that came down, it came down hard. I did 71,000 contracts. Well, the 71,000 was going against 80,000. You know, this is where if you can, if you understand time in the trade folks, it's really cool because it's both sides. It's going higher and going lower that you're speculating, well, once you have the figure, like you get the figure, then I'm speculating, okay. Where's the force? Well, bottom line is that the force is no longer downtown. And the reason being is that even when we came down hard, you still were shot by over 10%. So that's telling me number one, we're gonna make a run for this high and I suspect we're gonna run right into the close. It's gonna be choppy, but that's where my head's going. We take a look at the NDX100. First I'll do the cues and then we'll go into the futures. We take a look at the cues right now. What you have with the cues, same type of setup. What we did with the cues, bottom line, your swing point was $275.78. We went to 2802. We are at 286.67 and what has happened with the cues, the cues have an absolute rejection, man. Absolute, I mean, you're going into 79 million, you're already over three points over the high of the low bar. And that's just telling me that the cues are gonna make the run up to 314. That's how this is set up. Gold, we take a look at the gold contract. What do you have in the gold contract? Gold contract came down this morning, 1704.50. Rejected 1704.50. We traded up to 1744 year at 1732.50, guess what? That's enough that gold also wants to fly. That baby here, I suspect it's gonna get flack in a month's away when it starts hitting the 1804 level. But I suspect you're gonna make your way up into that level. And that brings us back to the dollar because the dollar hasn't had any big movement just yet. The bottom line, the dollar is hanging at highs out here. We have the dollar right now down 84 ticks and miles will be up 100. Bottom line, that hasn't pulled back yet, but the way that the rest of this market is operating, meaning that the correlation is direct folks, okay? What is, and these change these correlations, but this has been a direct correlation for the past good six weeks. As the dollar goes higher, market goes lower. This market right now, the way this market is trading, particularly, this is what's so cool about this, man, particularly, you know that I had to say it, the market's job is to take the most amount of money, or waste the most amount of people and the least amount of time. And that number that came out this morning was about as cool as you can get. Meaning that if you're basically new to the market, or you don't realize that markets are deviant, that okay, man, huge number, you're gonna go south. We get into the notes and bonds, you wanna see something wild, man? I mean, this is as cool as you can get. These are the types of markets, no doubt you can hear it. I love these markets, I love these markets. Because you can trade these markets, I was talking about this yesterday, you can get points in this market and you don't need the lows or the highs, you get the fat right in the middle. So you can see what the 10 year did. The 10 year basically freaked out, gets down to 117, 24, and guess what? See you later, man. We knew this number was coming out, we could care less about this number coming out and it's built in. This number was built in, folks, that's the bottom line. And I don't think inflation's gonna back off, I can tell you that. But what the market does recognize right now, the market's trying to figure out, okay, how much further is the Fed gonna go? Well, the Fed's already told us they're gonna go to 2.5% to 3% and you can see the Fed funds rate right now is laying out here at 1.75, okay? So the market now knows that, that's the reality. It doesn't mean the market's gonna go ballistic. What it does mean is that the market has been building cars. The money that is on the first downdraft, the way this works, first downdraft, the money that's lost is lost. There's no more sellers there, that's what's going on. The people that sold sold. Building cars is the next two or three months going back and forth, back and forth. Then I do expect that next leg's gonna come down. And the way you can see how that happens is that as we go up to that higher swing point, I suspect the volume will drop once again. And as we get up there, the volume's not gonna be great, but my take is we're getting there. Stay right there, come right back.