news update. Welcome folks. We have that our industrials finish up three thirty nine. Nasdaq was up one fifty S&P's up thirty eight gold gold contract on nine dollars sixty cents trading at seventeen sixty eight an ounce with silver up seven cents twenty two dollars sixty eight cents an ounce light sweet crude up a buck fifty two seventy two dollars flat notes and bonds a ten year flat one thirty three oh five the thirty year up nineteen ticks at one sixty four eleven and king dollar king dollar up two hundred and twenty one ticks trading at ninety three four twenty six Euro one sixteen yen one oh nine point seven eight and a British pound one thirty six to one that U.S. dollar we get open we take a look at the spy it's gonna be a close one man I mean the bottom line is that they were why why that one whoops okay hold it let me get another screen let's try this screen I'll do it okay so we take a look at the spy out here yeah a little selling coming into the close but not enough to change that this market wants to go higher the next couple days dead cat bounce that's my take though spy closed at four thirty seven eighty I had volume out here of ninety five million over the highs of Monday so what happens there is that you know coming Thursday Friday this thing can make it set way into the gap as it makes it way into the gap folks you can expect you have a contraction of volume this will be the B to C of a potential ABC structure on the way down we go take a look at the cues the cues up three forty two trading at a price point of three sixty nine fifty seven it just had a close over three sixty nine twenty five I expect the same thing in the three cues meaning we'll get up into the gap and have a contraction of volume the GDX we take a look at the GDX out here the golden silver equities we have the GDX GDX went up to the price point of thirty one twenty four didn't hold price here at thirty fifty you will see whether it's going to test the price point of thirty fifty nine world I mean the the well be the highs of the lows which would be thirty fifty well we're at it so it's thirty oh seven that test can happen again and that happened with all the equities actually the gold equities anyway we go take a look at AEM an eco eagle would you can see what an eco eagle that pull back okay so this is going to be interesting to watch but you did have light of volume on the pullback we take a look at the note and bond market the note and bond market still wants higher price lower yield have a great night folks have a safe night come back and visit Tommy tomorrow morning kicks us off nine o'clock in the morning great show have a great win folks have a safe one sharpening your