 Everyone, Basel Chapman here for the Tiger Financial News Network, 10 a.m. market update. Don't forget we started at 9 o'clock with Tommy O'Brien doing the market kickoff, great show. We've got the Dow down 474 points at $33,589. It did have a little bit of a rally yesterday after the Fed speak. It's made a low on the 2nd of May of $32,449, and in three days it ran up to $34,117. So it's trading over 600 points below that high of yesterday. You're going to watch this. This is not what you want to see unless the tactical start to improve over the rest of the day, and somehow or other by Friday we're up at about the $33,770 to $33,850 area. That'll be a sign to say, all right, we've established a bunch of things, and now we're going to see whether there's stability in this bounce off the low. We're looking at the S&P same thing, had a spectacular rally yesterday. Now it's down 76 points at $42.23. This is very important if it starts to trade below $42.18, and that'll say, uh-oh, you've kind of lost a tremendous amount of yesterday's momentum. Looking at the QQQ, the index 100, also a spectacular rally off that trend line support from yesterday's low. And now we're down 9 points at $320 here again, $318 is kind of the support in today you want to see, otherwise there's a big problem, IWM, the Russell 2000 small caps. That was a really good rally for the small caps, and they've given back three and a half points today at $189. In the next three days you want to see an attempt to get to the $193 area. This is very interesting because gold overnight had a huge move. It ran up, and now it's up $24. That is a big move up $24, but overnight it went to $1910. But this is the issue, the dollar still shows strength. It rallied this morning just off the 40 period moving average, and it's at $103.34, up $0.84. That is a big deal to talk about a big deal. This is just terrible. The TLT is down at $115.65, down almost three points. Those yields are doing what the Fed should be talking about, and crude oil is holding very well here. It's up $3.00 at $110.95. Come back for the tiny technicians out and check out those people, they need a newsletter. Hope to see you in a few minutes, otherwise, thank God, it's at the station.