 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 in the internet at TFNN.com Always remember folks, whatever you think about you bring about whatever you focus on grows up everyone's having a great day Safe day. It's making a great night folks. Let's take a look at one of our four agreements create the perfect relationship between you and your body Treat your body with all love on a gratitude and respect when you're making a goal to adore your body accept yourself completely You're learning to have the perfect relationship with anyone else you are with Let's take a look at it out here. We have the Dow Industries up 71 Nasdaq is up 13 S&P's up five that being said folks guess what this market gave up so many points today It's amazing. We're gonna be getting the red bad time. This show is over The S&P is just given up 62 points and the Nasdaq has given up 285 points. Okay, bottom line. I suspect we're gonna well looks to me Well, there we go. We just went red. Okay, this is this is a really weak market And what we may have here is a very large ABC structure down. Let's get us to the rest of gold gold Excuse me folks gold contract down $2.30 straight at 1840 an ounce We got silver up 37 cents 24 dollars 60 cents an ounce light sweet crude flat $86.90 a barrel notes and bonds the 10-year note up one tick 127 23 the 30 year down one at 154 17 and King dollar King dollars up 223 ticks trade 95 733 the euros at 113 the ends at 114 and the British pound is at 136 to one at US dollar iPhone numbers 877 9 to 7 6 6 4 8 US car folks I know it's going on in your world and the world of the S&P is let's take a look at them. This is pretty intense folks Bottom line is that we've had the selling happen what you did with the spy today You got all the way up to 456 and we are 451 the low of yesterday was 451 46 and guess what? I suspect we're gonna go under that level as we commit to the close We're only 50 cents away from it and the x100 same type of set up inside the end the x100 We take a look at the three cues three cues They actually just went negative three cues got as high today at 373 and the bottom line you are at 366 41 the low of yesterday was 366 21. This is gonna blow this away. Well, it blew away by penny. This is 350 is looks to me like we we a game that that's how this is shaking out Man, and if it is an ABC down, so let's check this out how this would work. So you got ace 390 The 366 so we're talking about 34 points Which we yeah 34 points is gonna gonna basically Get you so That's actually three for That's actually 340 so so picture this this is gonna get cool watching how this shakes out if in fact we get that ABC down 350 is the price projection From the high volume low October 4th right that being said if this is gonna be an ABC down that means it's gonna blow that away And if that's what we get let me look at this for a second So 350 is that 350? Yes, that's 350 there so bottom line you break 350 man. You're going to 338 the next stop after that and I don't even want to think about the amount of high volume lows That are out in this marketplace. And so let's just look at this just and an aspect on a Fibonacci expansion contraction if in fact We're in the middle of a nice correction. So picture how this works folks. This is a pretty amazing actually if If we do just a point three a two correction from the lows of the pandemic low and March That brings you down to 315. That's a point three a two correction. That's a normal correction by the way Okay, so we'll see where this is good whole thing's gonna shake out What we certainly have right now and you can see it quite clearly is that we have Highs so look at this man. So the first high that was generated in the queues was Had volume of 230 million now watch what happens here that's that's the high then we come off that high down with 403 so we make a high with 230 you come down with 403 Three weeks later. We tested that and we tested that with 156 versus 230 and then what ends up happening again bottom line you come off of that with 300 and 13 million and 372 and We're gonna have at least another probably 300 million this week This is this is a market that wants lower price man in a big way Gold gold contract out here, you know had a nice day out here yesterday bottom line is that you get a flat market in gold out here today What you have is that we're at 1840 this this baby's gone this way up to that 1881 Silver's are already making the move we take a look at the silver contract Would you have in the silver contract is that you're up 37 cents yesterday? We're up like a buck bottom line is that We are 2460 next stop up there is 2552 Let's go sit take a look at King dollar because what you do have a King dollar King dollar came up to ice gave it up Back up there again, and we'll see whether it can basically Get inside the higher range right now. It's teetering right at ice And what ice is folks is that that's where it's a when you take a look at a consolidation When you break down or break up out of a consolidation, that's ice that's a it's a white cough term and the way that he actually come up with it, which is pretty cool is that he had a stream outside his backyard and What ice was is that he felt is that the you jump the creek So you have a creek you jump the creek you break ice Then you come back up and you test it and then the market normally let's go at that particular point So pretty wild Notes and bonds we take a look at the note and bond market now these are in a large ABC structures on the way down So this is going to get really intriguing particularly get intriguing when the market doesn't hold price and You don't have bonds going higher That this is this is how weak the bond market is also Sarah there folks come right back iPhone number is 877 9276648. We have the Dow industrials right now Well, look at this unbelievable the Dow's up 24 Nasdaq's down 11 S&P's a flat will come right back