 news update of the basal champion for the eleven a.m. tiger financial news network a market update does not two hundred forty at thirty four thousand seventy two on this wednesday october the six and we're looking at struggling is it is making a higher highs higher so higher lows in the very short term but until it's trading at thirty four thousand six would see one right now until it's trading the thirty four thousand three fifties and then thirty four thousand five ninety thirty four thousand six hundred over the next three four sessions if it's able to do that that's a positive and they can have the kind of a rectangle a second arch formation but why if it takes out the thirty three thousand eight hundred supported in the next day or two that is very bad s and p right now is also struggling it is down at twenty three at forty three twenty two it's come back quite nicely actually from the low of the day but really struggling key support of just real short term by the end of the day muscle forty three forty three hundred and on the outside if it's able to get to the forty three thirty eight forty three forty two level that'll be good action at least in today looking at the qqq this is not bad is down just thirty two and down twenty seven actually sense at three fifty seven eleven is the index one hundred it too needs to get a real good spark to the upside up into the three five eight ninety two three five nine twenty area because wow if it takes a thirty three fifty five support out in today that's not going to be good i wm the russell two thousand uh... very weak today's down to eighty two uh... got the arch formation don't like that gold is trying to hold steady it is uh... now unchanged at seventeen sixty one if golden the next few days is able to suddenly pop because of market uncertainty international economy economic uncertainty gold finds a place and i'm i'm like that point it just starts its own little move to the upside it needs to get to the seventeen seventy eight seventy eighty three level close there and that'll be a good sign to say yep it can rally to talk about that point well what a move to the upside huge up three thousand four hundred twenty five fifty five thousand fifty five one of the reasons why we kept the core position even though we've taken real good profits uh... from the entry point right by twelve thousand four hundred sometime ago uh... white a trading at fifty five thousand fifty five this is only i i i really have to call select the in the week in the daily chart they've seen the in the monthly so very good this is a good crude oil crude oil is finally pulling back a little bit it is down a dollar thirty people set a spectacular move it's raised the base of support is a seventy seven and a half basic support is in the seventy four to seventy three area but the shorter term and the tlt is trying to rally that's a little bit trading on state-of-the-art president is coming up to be a wonderful show is always great programming at tfn check out both the formal data newsletter have a great day see you tomorrow