 Good afternoon, Basel Chapman here, the host of the Tiger Technicians Hour at 10 o'clock and the my author of the opening call Dating Newsdata, this is a 4 o'clock Tiger Financial News Network Market Update down close down 190 at 35,123. Now what's really important, you see each one of these candles in the Dating chart on the left, look how the market tried to rally off the lows at this point you would expect with the other indices all very negative already for a little bit longer than the Dow. The Dow 30 actually has the components that is showing some kind of rotational support, why? Because look at the pattern here looking at the S&P, much weaker, look at that sharp move down and that nine period unlike the Dow which is still above the 14 period cross negative yesterday and today so this says you've got a sell mode in the Dating that just is a designation it doesn't say oh my god sell mode it just says now you've reached the level that's called the sell mode the weekly chart still looks pretty good now what's important is that the 50 period moving average in about the 4417 level holds at any major slide but at this particular point it's filling the different gaps on the left side looking at the QQQ also a couple of days now it's gone negative from the nine period moving average in a sell mode in the Dating again none of the weekly charts are in sell signals even let alone sell mode but the Dates are and this is very sharp it says that 364 to 362 is going to be key support over the next week looking at the IWM the Russell 2000 still hasn't it's so close but it hasn't gone negative it does in the RQY which is the futures you'll see it's gone pink so I'm expecting that the IWM I can have a little bit of a balance but I think it's going to go down at 191.61 right now down to 143 I think it's going to test the 188th level in the next week we're looking at the gold gold was down very sharply down 11 at 1948 the left side low of July back I think it was July the first it should be tested by tomorrow in the 1940s that's going to be really important the dollar try to ready you would expect the dollar to be much higher it's not as down 11 ticks at 102.45 we're looking at rotational strength and weakness all over the show but the bonds are really important the bonds trading up at 97.19 can the bonds get to 98.80 to 99 that's going to be the big question and for that crude oil is breaking out some a very good move with natural gas have a wonderful rest of the day we'll see you tomorrow Tom O'Brien will be back and check out TF and then we'll all the hosts great programming see you tomorrow sharpening your skills as an investor is like