 T. F. N. N. headline news update everyone Basil Chapman the host of the Tiger technicians out coming up straight after this T. F. N. N. market update at noon thousand twenty five thousand nine sixty three down ninety four was down deeper a little bit earlier on and it's trying to come back here now let's just look at this chart you see the way you're moving to the right here that's really important because we're starting to get close to that orange or this pinkish red trend line resistance which is also close to the twenty five thousand seven hundred eighty fourteen period moving average we're moving to the right moving to the right means you're using up time moving up and down is price so this is two three little doji candles we've gotten the last three days when you consider what we've done on the way up this is just nothing but what's really important is if the MACD starts to cross negative it's getting really close it's still positive and the stochastic is now at eighty nine percent pulling back from the ninety six percent area and we'll be watching that because if these three parameters are taken out that is the price at supported about twenty five thousand eight twenty and the MACD and the stochastic turned down finally you've got something that says OK now we can start that very choppy period let's go to the S&P the S&P right now is at it's down a little bit it is down six point seven five twenty seven eighty seven same thing moving to the right sitting on the nine period moving average the test will be twenty seven I think that's sixty two which is the fourteen period moving average here the MACD is just about to cross negative but it hasn't and stochastic in the data is at eighty eight percent still good but starting to turn down the QQQ if I can just press that button correctly yep QQQ there the technicals are starting to deteriorate a little bit more but the price is holding very well it's down sixty two cents at one seventy three ten watch closely because if it starts to take out the one seventy I think it's one seventy yeah closes under one seventy that'll say OK now we can start seeing that choppy maybe slightly lower highs lower lows and we'll go to the IWM quickly and then I want to go to gold IWM is trading down just twelve cents at one fifty six ninety eight it's had a little more determined pullback we'll be watching this very closely gold is down and the dollar is holding steady so we'll be back straight off this go on with the technical analysis in my Tiger technicians our call in love to hear from you have a great day otherwise I'll see you tomorrow