 T F N N headline news update. Hi everyone Basel Chapman this is the 21st of January it is Friday the end of the week and we're looking at the Dow down 21 at 34,690 my biggest concern here is that if after this entire week it's about seven sessions of weakness if we have another week closed today then Monday could see a big sell-off and that's going to be where either you get that V-shaped bottom oh it just keeps going down so this is going to be really important next few days we're looking at the S&P also try to rally failed and it went down to if I can just type in correctly dollar S B X dot X there it is a down 36 at 44 44 it's gone to a lower low and in each case you see from the peak D that was made both in the down the S&P left side right side price time match took it out yesterday took it out this morning we below the left side low that impacts the weekly chart and that's as we all talk about this in my Tiger technicians hour coming up this is a PG in the weekly chart we get the QQQ also very weak down five and a half at 356 taken out the Georgia period moving average this is a PG in the weekly chart by the end of the day we're going to see some very interesting chapter wave notations we've got the IWM much much weaker it is down $80 today at $198 it just couldn't get any rally going all week and now it's even below the 40 period moving average in the monthly chart gold gold was a little weaker it tried to rally now it's down four it's going to be very interesting money's not flowing into gold at this moment and even the Bitcoin BTC I tried to rally earlier now it's down 44.50 at a brand new unrecovered low in other words low for the past many months we're looking at the TLT now normally I talk about money flowing from the volatility of equity the sell-off in stocks going into the safety of bonds we never saw that at all but we have seen that for the past few days I'm gonna be talking about that in my show coming up the Tiger technicians hour check out my opening call my daily newsletter I'll be back in a few minutes I hope you could stay