 This is TFNN, The Tiger, Financial News Network, News Update. Good morning everyone, Basel Chapman here. This is the 10 o'clock Tiger Financial News Network, Market Update. We're looking at the Dow down 23, it was down a lot more earlier on, went right to the 200 period moving average and now it is just down 19 to 33,267. I suspect there's a little bit of a balance coming and that balance, I'm treating it only as a balance because if you look at the S&P in the Chapman wave, we go to a peak C, normally you would get a leg D. If there's a buy mode and I have, there's nothing here that says it should not be called a buy mode, it's very choppy with big spikes in the upside and then a pullback and a big spike to the upside, kind of a sawtooth wave pattern, but in the meantime, down 9 in the S&P at 41.83, I think there will be an attempt to get to the 42.92.91 high of three days ago, might not get there, but I suspect that we will attempt and then I think we've got to be a little bit careful for the rest of the week, looking at the QQQ NDX100, this is trading very nicely, it's down to 79 cents, a 3 feet 6.83, it has made a leg D in a buy mode in Chapman wave, you go to at least a D and that's what it's already done, the weekly chart has improved a lot, it's gone over the 3 through 4.42 level a week later than I anticipated, but it's got there and now we're looking at the IWM, which is the Russell 2000 small caps, doing very nicely, now this is going to be a big issue over the next week, are we looking at the Russell 2000, which has been really weak making a kind of a W pattern in the daily chart, is it possible that it could do some leading as maybe the market takes a bit of a breather, that's something we're going to be looking at, because it's up 88 cents at 179.16, gold is pulled back quite sharply, gold is down five at 1972, it keeps holding that left side low in the 1955 area, if gold starts to trade in the 1940s, you will probably then see the dollar, which is really, it's had a good move, but it's really struggling, it's in leg E, just under the turns of period moving average at 103.47, and if you're looking at the TLT, that's bonds, once again down quite sharp, down 25 cents to 100.50, that means yields are going higher, I'll be back with the Tiger technicians out, check out my report date and news editor, see you in a few moments.